NIFTY--Weakness or Strength ??The index is trading in bullish to sideways trend....
again bullish and trading in channel again...
if you clearly observe, the distance between between the HH's is gradually decreases...
which is a sign of weakness in the uptrend...
as of now no indication of Bearishness in nifty...
opens Gap Up and fall..and again goes up...
until a strong fall and retracement...don't think of shorting again...
Trade safe....
Niftyintradaylevels
nifty pre market analysis20JULY ANALYSIS:
Daily analysis:
Nifty opens:
side: if market gives breakout after some consolidation then buy(PS-70%)
gapup: for gap up wait for price-action and then buy if market goes up after taking support (ps-50%)
gapdown: if gives breakout after consolidation only then we will sell
on big gap down we will buy after 5 min, as market will again try to go up after opening near demand zone.
NIFTY--Which is Support @19500 or Trendline ??The NIFTY index again broken the ATH...
multiple times break out above ATH and it's reversal....
so what happens in nifty is...the trend is bullish to Sideways...
it is also moves in a channel...
price faced resistance multiple times @19500-19520 zone...
if tomorrow price acts as a support...it again moves up...
if price again falls below price is continue its movement upto the trendline...
we have trendline support as well...until price breaks this trendline will be on the buy side...
if trendline failed to acts as support,the same zone is acts as resistance...
sellers takes price again to bottom side...
All this is pre and post market analysis...we cannot assume anything what happens...
will see on live market what's happening...
If this post is helpful please give me a like...
thank you guys for supporting me...
Nifty Weekly Analysis for Jul 17 - 21🔍 Analysis on Nifty for the Upcoming Week 🔮
Jul 17 - 21
The Nifty index seems to exhibit a bullish trend in both long-term & short-term as well, according to the market structure.
📈 Key Levels to Monitor:
In the upcoming week, it's important to monitor key levels 19190, 19200, 19330, 19600.
🔎My outlook:
The outlook for the upcoming week’s trading suggests a non-directional view (Sideways).
📈 Bullish Scenario:
If Nifty breaks out above the significant level of 19600, supported by a strong and clear daily candle, it could indicate a bullish market trend.
📉 Bearish Scenario:
However, if Nifty breaks down below 19190, confirmed by a strong and clear daily candle, it may signal a decline towards the 18890level.
📊 Support Level:
As long as Nifty sustains above the support level of 19190, the market can be viewed as bullish.
NIFTY--Fakeout or Breakout??price again broken the ATH,strongly but falied to take the price up...
a strong gap up is observed from this level...2 times gap up is observed...it's telling us to buy at this place...
until the trendline has been broken strongly and retest then only sell side is possible...
on bottom side we have gap at 19200 level...which may acts as support..
if the previous resistance @19500 again acts as resistance it will again fall back...
careful at this level....
will see what happens in the live market...
NIFTY--Fall or Rise??Price broken the strong demand..tested the supply zone...and fall happens..
will it fall more...rise from this level...
price has broken the trendline as well...
if price falls without retest...later will test the trendline and fall more.
if a continuous fall happens it will rise from the 19260-19280 zone to some extend and fall.
after clearing the bullish gap left..price will rise towards the trendline or previous resistance.
careful at these levels...without any confirmation don't take any action.
please check the previous analysis on bottom links...
thank you very much..
NIFTY--HTF to LTF Analysis ??Observations::
price has broken the strong demand @19375-19350 range strongly...
we have observed a trendline forms by breaking the demand zone....
If tomorrow trendline acts as resistance will observe a fall towards the bottom side gap may fills...
If price breaks the trendline and gives us retest and failed to make a new low below 19300, then will go for buying upto ATH.
Note : After break of trendline price may also fall below...
fake out at trendline may also possible...
At ATH we observed that a supply zone,if resist price again falls below...
untill price breaks the supply zone and retest of any previous zones will go for buy.
If price fills the gap on bootom side...
we will go for buy on trendline break and retest...
LTF::
Go long Go Blue. It might be a gap up/down morning tomorrow, but all we traders need to think is should we ignore the reversal pattern that erases bearish momentum at each interval since past 3 months, yeah because this will be the choice in front of you to decide whether we support the narrow lane of downside or enjoy the swift train which has stations above 19000 levels.
NIFTY--Turned to be Bullish Again??Observations::
Price is exactly closed near the Previous Strong Resistance,
If this acts as support will observe bullishness towards 18600,18700 levels.
If price breaks 18700 levels, it may touch ATH as well...will see this later, it will touch or not.
Until Keep watch these levels.
We have a demand zone @18200,which is a strong demand may acts as support again.
BANK NIFTY/NIFTY ANALYSIS FOR FRIDAY
NIFTY |BANKNIFTY|NIFTY ANALYSIS | BANKNIFTYANALYSIS FOR FRIDAY
| nifty analysis for tomorrow | #niftypredictions | nifty live trading |Nifty50
BANKNIFTY:-
If Banknifty sustain the level of 43750 and spend time and break 43850, then 43950-44050
If Banknifty break down 43750 spend time below it and break 43650then 43550-43450
NIFTY:-
If Nifty sustain the level of 18450 and spend time and break 18475 then 18500-18525
If Nifty break down of 18450 spend time and break down 18425, then Nifty 18400-18375.
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor.
#stockmarkets
#nifty
#FridayMarketPrediction
#nifty50
#nfityoutlookfornextweek
#bankniftyoutlookfornext week
#niftyoutlookforthursday
#bankniftyoutlookforfriday
#niftyforecast
#bankniftyforecast
#niftyshareprice
#bankniftyshareprice
#tommorrowniftyprediction
#tommorrobankniftypredicton
#niftytargettommrrow
#bankniftytargettommrrow
#2nd june nifty
#2nd june banknifty
#2nd june marketanalysis
#bankniftylive
#banknifty
#bankniftyoptions
#bankniftystrategies
#bankniftyfuture
#bankniftyoptionstrategy
#bankniftycalls
#bankniftyintraday
#bankniftylivetrading
#bankniftyweeklyexpiry
#bankniftycrash
#bankniftytomorrow
#bankniftypredictions
#bankniftychart
#bankniftytips
#bankniftypremium
#bankniftyoptions
#bankniftyfuture
#bankniftytomorrowprediction
#bankniftyoption
#niftyweeklyexpiry
NIFTY--18700 or 18500 Observations::
---->> Price is trading in range after opening gap up.
consolidation + Bullish = Sell @ Resistance.(18700 Resistance)
Consolidation + Bearish = Buy @ Support (Gap may acts as Support.)
If price showing bullish pressure towards 18700, wait here for reversal may happens, previous strong fall area.
if price comes back to 18450-18500 levels, look for buy.
if price breaks 18575 zone retest sell for target of 18500 zone. After break retest in needed to sell.
Previous strong resistance may turned to be support @18450 range.
Nifty Trade Setup (26-May-2023)This will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup.
As i was busy with some work i didn't posted my trade setup for 25-May-2023 and also didn't traded on 24-May-2023 although it was good session too. watched chart for few minutes today and closed terminal because of work today. Today on expiry day there were opportunities also if someone trade with patience. I didn't took trade today because i didn't planned anything and this was my bad habit before that i always trade if market in moving from support or resistance i took trade with out any setup or patience so that i don't miss any profits as you may know this (FOMO). Which was my reason for more losses than profits. I will post on what i am doing to improve it in separate post. This is going to be my setup for tomorrow:
Today market opened flat and there was selloff from 18265 to 18200 almost 65 points down. but in last 1 and half hour it took support at (18200) and then rise like rocket making almost all green candles without any pullbacks on 5 min TF gaining almost 100 points from day's low.
Price is forming triangle and closed near trendline resistance.
Setup for Tomorrow:
1.) If it opens flat and sustains this trendline resistance on 15 TF then i will look to buy CE for target of 18363, 18371 and 18380.
2.) If it opens gap up i will look for rejections from same targets or near by CPR and will buy PE trade for near by support levels which is 18300 as 1st support or CPR whichever will be closer.
3.) If it opens gap down 1st support is placed at 18300 level if it takes support at this level and holds for 15 to 30 minutes. I will look for buying CE.
Views are bullish so will trade cautiously if i am trading in opposite direction. As from Volume there was lot of buying buying when price was moving above today as compared to while it was selling off.
Hit like to keep me motivated for keeping my trading journal also if you can help as Trading View is holding rewards if Ideas or Script can be listed in Editor Picks :) . also one can comment how i can make it better or any improvements i can make in my trading setups or improving this journal.
NIFTY |NIFTYPREDICATIONTOMMROW|NIFTYANALYSIS FOR MONDAYIf Nifty sustain the level of 18500 and spend time and break 18515, then 18550-1875-18600
If Nifty break down of 18500 spend time and break down 18450, then Nifty 18400-18375-18350
This video is for educational purpose and my personal view .We are SEBI registered Advisor,we only give the level on our practical trading experience.
Kindly take the trade according to your risk and reward position and consulting your advisor.
NIFTY--18700 Or 18200Observations:: NSE:NIFTY
----->> if we see monthly candle it is a strong bearish candle,
------>> If we see weekly analysis , price enters into a zone where previous strong rejection area.
we are still in that area , High of that area is 18700.so we will buy up to 18700 area.
------>> If we go for daily analysis , price enters in that area and showing downward pressure,
price created a support in the zone @18060 level, while entering in to the resistance area.
so that level acts as support and price moved to the resistance zone again with strong bullish candle,
and breaks the previous resistance @18460 level.
----------------------------------------------------------------------------------------
Now we can see the clear picture,
Case1::
If Yesterday strong bullishness is a manipulation and fake breakout above 18460 level,
we are going to sell below 18400 where previous strong resistance, for the target's of
18360-18320,18260,18200 only.
while breaking the resistance @ 18460 price created a support @18200 level which is a new support.
case 2::
If this is a strong breakout, we have a next resistance @18700 level,
we will continue to move in the same direction, but a retracement is needed to go long,
after breaking the resistance @18460 levels no proper retracement is not seen.
if retracement is done to these levels, 18460-18400 levels and will go for buying above 18460
for targets of 18500,18570-18610 and 18700 levels.
@18570-18610 level previously bullishness and bearishness is observed @ same zone.
So clearly this week price is ranging above 18200-18700, in the middile we have resistance @18460 zone,
if this zone acts as support we go for buying up to 18700 levels,
if again acts as resistance will go for selling up to 18200 levels.
NIFTY--Strong Supply@ 18440-18460 ??Price is exactly closed in the strong Demand zone, which is previous supply zone.
if this zone acts as support, price will go up, up to the next resistance @ 18438-18458 range. Résistance + supply zone. = Strong push to downwards may observe.
Today's fall is due to previous supply zone @18400 levels, We are left with one supply that is not tested @ 18438-18458 levels.
Look here for sell for the target of 18360 and 18260, if price falls below keep in the trade up to 18000 levels.
Keep note ::
Price may be consolidate between the supply@ 18400 and supply zone @18440 levels, enter on breaking the 18400 and retest of any supply to below levels.
If price is not able to break and still in the same range the expiry neutral.
NIFTY-- 18500 or 18000 ??Observations::
Price is clearly closed in the Previous supply zone. If supply acts as demand price is again bullish,
we have one more supply zone below @18260 if this pushes the price up again bullish ??
After a strong consolidation price is bearish which is a sign of bullish again to test the supply @18500 levels.
consolidation + down move= up side
Look for selling opportunity from 18450-18500 zone, falls below 18400 levels, 18400 acts as resistance we can go for sell again.