#NIFTY Intraday Support and Resistance Levels -16/02/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 21950 level and then possible upside rally up to 22070 level in today's session. in case nifty trades below 21910 level then the downside target can go up to the 21790 level.
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NIFTY 50 Analysis For Feb 15th!Hii,
Here is a Brief Overview About The Analysis of NIFTY 50 For Feb 15th,
There Are Total of 2 Support Zones Which You Need To Look For And Same 2 Resistance Zones And To Be Mentioned One Grey Area And One Resistance Became Support Zone.
The Horizontal Lines From Volume To Volume And OI To OI Indicates The Market Range in Between For That Particular Day!
The Blue Arrow Path Showing The Direction of The Nifty 50. From The Imbalance Zones Expecting A Pullback And After That The Market Shoots UP!
Note : Those Levels Are Only For That Particular Day.
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NIFTY--Bearish View(21300)??NIFTY INDEX is at crucial zone to move further upside or downside...
Price is trading in a channel...
price broken the trendline grab the liquidity at 21600 levels.
on topside price again created a one more trendline, as of now this is the resistance which lies at 21930-21950 zones. If this trendline acts as resistance, more chances of fall below key level.
so if price comes to this levels wait for bearish turn...
If there is no bearishness price will continue towards strong resistance at ATH, by facing intermediate resistances at 22050.
After the liquidity grab On topside above trendline as well we have chance of fall back...so wait until price to break the key level.
check the bullish case-- we have Rally Base Rally.
NIFTY INTRADAY LEVELS FOR 15/02/2024BUY ABOVE - 21860
SL - 21810
TARGETS - 21910,21970,21010
SELL BELOW - 21770
SL - 21810
TARGETS - 21710,21640,21580
NO TRADE ZONE - 21770 to 21860
Previous Day High - 21770
Previous Day Low - 21580
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 LEVELS FOR 14/02/2024BUY ABOVE - 21770
SL - 21710
TARGETS - 21810,21860,21910
SELL BELOW - 21710
SL - 21770
TARGETS - 21640,21580,21530
NO TRADE ZONE - 21710 to 21770
Previous Day High - 21770
Previous Day Low - 21580
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--Drop Base Drop??Nifty showing strong bullishness from Golden Zone...
price is now at breakout level,
if price breaks above then liquidity on topside will done at 21880 and 21950 levels.
If price unable to breaks the upside...a Drop base drop is going to observe from this levels.
On bottom side we are left with bullish gap 21400 levels...
if price unable to break above price clears the bullish gap left below...
buy setup and sell setup are given in the previous post, please go through it.
If price tests the demand zones at 21300-21400 levels look for buy side.
NIFTY--@Traingle Breakout??NIFTY Index is now at golden zone of fibonacci
we are still left with some more points on the bottom side at 21500-21520 levels...
previously a strong bullishness is observed as well from this zone...
price is also trading narrow in a trendline most chances of breakout from this levels...
wait for the price to break the trendline and retest for longer side...
otherwise a continuation may happens...
on bottom side we have strong support lies at 21300 levels...
keep mark this zone as well,if it will continue downside will look for buy at 21300 levels...
price clears the liquidity at 21600 levels....
---------------------------------
NIFTY INTRADAY LEVELS FOR 13/02/2024BUY ABOVE - 21670
SL - 21620
TARGETS - 21730,21770,21810
SELL BELOW - 21580
SL - 21620
TARGETS - 21530,21470,21400
NO TRADE ZONE - 21580 to 21670
Previous Day High - 21810
Previous Day Low - 21580
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--Bullish View (22.5K) ??Bullish Scenario::
----->> if price breaks the trendline on topside.. price will reach ATH, and facing resistance at ATH.. before going to reach ATH ,on topside we have intermediate resistances at 22050 level..
---->>if price opens upside above 21950...we have consolidation chance between the trendline and 22050.
If price consolidation for the entire day, and price closes at ATH.
Then we have chance of Gap down(If Bearish view)..continue moving downside and will test 21300 level of demand zones.
or
Continuation may happens to upside...Keylevel to watch--21800.
if trendline acts as support...Wait for the trendline retest, Price again tries to test the trendline and moves upside for targets of 22450,22600 levels,
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.
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.
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 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.
Trading a midday Reversal on NIFTYUsing PIVOTs, DIY Indicators and Price action to seek confluence and trade.
Step1) COnfirmed Reversal from PIVOT point (Daily Pivot)
Step2) Observed Higher High, Higher Low
Step3) Move above 200EMA confirmed Bullishness
Step4) Use Matrix Series and Ehlers to combine with above view and trade the trend.
Step5) Use the Support and Resistance Levels on DIY indicator for key levels to trail and exit the trade.
Achieved R:R of 1:6 on 21800 CE today
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 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 👍