NIFTY--Consolidation or Bearish??look for bearish from 22050 and trendline...
Keep in long side as long as price is above the 21950 levels...
if you want to go short wait for the price to facing the resistance from 21875 key zone
If price takes the support at trendline or 21950 go bullish by keeping the SL at Key zone.
we have a chance of consolidation between the zones 22050 and 21950 and manipulation to ATH, and then Distribution to downside.
Keep safe here...price is now at turning point...
Have a look at the Bullish Continuation and Bearish view for complete analysis.
Niftyprediction
NIFTY INTRADAY LEVELS FOR 12/02/2024BUY ABOVE - 21810
SL - 21770
TARGETS - 21860,21910,21970
SELL BELOW - 21730
SL - 21770
TARGETS - 21670,21580,21530
NO TRADE ZONE - 21730 to 21810
Previous Day High - 21810
Previous Day Low - 21670
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
#NIFTY Intraday Support and Resistance Levels -12/02/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 21810 level and then possible upside rally up to 21930 level in today's session. in case nifty trades below 21760 level then the downside target can go up to the 21640 level.
Perfect on-neck pattern breakout on daily chartA Bullish Breakout of On Neck pattern and a Rounding Bottom is visible on the Daily chart of NSE:SPARC
MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip as per the levels mentioned on the chart.
Risk Disclaimer:
The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions.
NIFTY INTRADAY LEVELS FOR 09/02/2024BUY ABOVE - 21810
SL - 21760
TARGETS - 21860,21910,21970
SELL BELOW - 21670
SL - 21730
TARGETS - 21580,21530,21470
NO TRADE ZONE - 21670 to 21810
Previous Day High - 22010
Previous Day Low - 21670
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
#NIFTY Intraday Support and Resistance Levels -09/02/2024Nifty will be gap down opening in today's session. After opening nifty start trading below 21730 level and then possible downside rally up to 21610 in today's session. in case nifty trades above 21810 level then the upside target can go up to the 21930 level.
Reversal Symmetrical Triangle Pattern in NIFTYNIFTY 50 Index
Key highlights: 💡⚡
📈 On 15 Min Time Frame Nifty Index Showing Reversal of Symmetrical Triangle Pattern.
📈 It can give movement upto the Reversal Final target of Below 21910-.
📈 There have chances of breakdown of Support level too.
📈 After breakdown of Support level this nifty index can gives strong downside rally upto below 21610-.
📈 Can Go short in this nifty index by placing a stop loss Above 22050+.
NIFTY INTRADAY LEVELS FOR 08/02/2024BUY ABOVE - 21970
SL - 21910
TARGETS - 22040,22120,22180
SELL BELOW - 21860
SL - 21910
TARGETS - 21810,21730,21670
NO TRADE ZONE - 21860 to 21970
Previous Day High - 22040
Previous Day Low - 21860
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
#NIFTY Intraday Support and Resistance Levels -08/02/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 21970 level and then possible upside rally up to 22090 level in today's session. in case nifty trades below 21920 level then the downside target can go up to the 21800 level.
NIFTY-Trendline Liquidity @21600As of now NIFTY INDEX is still in Bullish.
now price is trading near its resistance zone...
today's trading session is important to continue moving upwards...
if price consolidation price will break the resistance....
we have a trendline liquidity below 21600 levels....
If price unable to break above liquidity will be finish...keep in long side as long as price is above the trendline.
Parallel Channel pattern breakout MUTHOOTMUTHOOT FINANCE LTD
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Parallel Channel Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1496+.
✅Can Go Long in this stock by placing a stop loss below 1400-.
NIFTY--Double Top or Inverse H&S ??Need some more trading sessions to analysis, to confirm upside or downside??
I am sharing the important levels of Support and Resistance. These levels plays a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies.
Trade safe...Thank you guys for your support
#NIFTY Intraday Support and Resistance Levels -07/02/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 21970 level and then possible upside rally up to 22090 level in today's session. in case nifty trades below 21920 level then the downside target can go up to the 21800 level.
JAYNECOIND BUYBuy-51.20
Target-57.90(Adjustable)
Stop-44.65
"Before considering a purchase, it's advisable to conduct your own analysis. However, with approximately an 80% chance indicating a favorable buying opportunity for this stock based on current market trends and analysis, conducting thorough research could validate its potential for growth and profitability."
NIFTY INTRADAY LEVELS FOR 06/02/2024BUY ABOVE - 21860
SL - 21810
TARGETS - 21920,21970,22040
SELL BELOW - 21730
SL - 21810
TARGETS - 21670,21580,21530
NO TRADE ZONE - 21730 to 21860
Previous Day High - 21970
Previous Day Low - 21730
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made .
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
#NIFTY Intraday Support and Resistance Levels -06/02/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 21780 level and then possible upside rally up to 21900 level in today's session. in case nifty trades below 21750 level then the downside target can go up to the 21630 level.
Nifty Analysis for Tomorrow |6 FEB 2024 | ELLIOTT BABANifty Analysis & Bank Nifty Prediction for Tomorrow |6 FEB 2024 | Elliott Wave Theory | ELLIOTT BABA
Nifty Analysis & Bank Nifty Prediction for Tomorrow |6 FEB 2024 | Elliott Wave Theory | ELLIOTT BABA
This prediction is for the Nifty Index and it's based on a technical analysis of the market. I'll also be providing an option trading setup for beginners so that you can start trading options today! If you're looking to invest in stocks or options, then this is the video for you!