NIFTY - Elliott Wave AccountNIFTY - Elliott Wave Account
the current market is unpredictable and making violent moves and also we are in result season. this might be an alternate options to the view which we provided yesterday.
Please note that this information is for educational purposes only, and it is crucial to trade with caution.
NSE:NIFTY NSE:NIFTY1! NSEIX:NIFTY1!
NIFTY
#NIFTY Intraday Support and Resistance Levels - 19/10/2023Nifty will be gap down opening in today's session. After opening nifty start trading below 19600 level and then possible downside rally up to 19530 in today's session. in case nifty trades above 19700 level then the upside target can go up to the 19820 level.
Middle East Crisis send shivers down investor's spines. Middle East Crisis send shivers down investor's spines. Things are not looking that great as Nifty will probably look for further support levels. It will be a surprise if spot Nifty hold ground and closes above 50 days EMA (Mother line) that is 19604. If 19604 is broken further supports for Nifty can be found at the levels of 19357. Resistance on the upper side will be at 19878. Let us see where Nifty can hold 19357 by end of this week. Only saving grace is DIIs are buying and buying big since last few days against FII selling.
Review- Plan for 19th October 2023Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Jai Corp at reversal point and continue the positive uptrendJAI CORP
Have been closely following this stock in past. It has given a good breakout from previous resistance level and could possibly continue the uptrend in future.
Currently, showing some reversal signs as the price is at it's previous resistance level back again. Could consolidate for some days before reversing for upside.
if the market stays stable, My target for this stock is Rs.300 by anywhere in the year 2024.
#NIFTY Intraday Support and Resistance Levels - 18/10/2023Nifty will be gap down opening in today's session. After opening nifty start trading below 19790 level and then possible downside rally up to 19670 in today's session. in case nifty trades above 19830 level then the upside target can go up to the 19950 level.
NIFTY--Near its Trendline??I am sharing the important levels of Support and Resistance. These levels play 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.
If price breaks the resistance, we have a chance of filling the bearish gap, soo keep in buyside until it touches the zone of resistance and bearish gap.
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 Looking forward with strong positive biasNifty looking strong and holding above the strong support of 19770 can be good positive other supports for spot Nifty are at 19731, 19680 and 19634. Major support closing below which the positive trend can change is 19481. Crossing and closing above 19856 will unleash more upside to Nifty and take it towards 19942, 20053 and finally 20219. Things are looking strong as of now it the level of 19770. The only catch and red flag being further escalation in Middle East crisis and Third of Fourth party joining the ongoing conflict.
#NIFTY Intraday Support and Resistance Levels - 17/10/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19770 level and then possible upside rally up to 19890 in today's session. in case nifty trades below 19720 level then the downside target can go up to the 19600 level.
Nifty Short, Medium and Long Term review-16-Oct-23 to 20-Oct-23Nifty Short, Medium and Long Term review-16-Oct-23 to 20-Oct-23
Nifty closed at 19751 (19655)and touched low & high of 19483 and 19871.
RSI levels 953%) slightly improved and stochastics 83% in overbought zone.
Nifty was holding the inclined trend support provided at 19400 levels last week.
Nifty in a highly volatile market due to global situation and awaiting Q2 results to take a defined path.
Nifty- Short Term (Neutral- Sideways movement with below mentioned support & resistance zone)
Strong Support at Fib resistance at 19320/19445
Also there is a support at 19224 (Previous Low)
Resistance at 19840/19990 ( Fibonnoci resistance )
Nifty Medium Term & long Term -
As market in overbought zone there will be a correction.
Resistance at 20221 ( Prev High ) / 20500
Further to review the Q2 results. To review once Nifty reaches target.
Strong Resistance at 18800.
#NIFTY Intraday Support and Resistance Levels - 16/10/2023Nifty will be FLAT opening in today's session. After opening nifty start trading above 19750 level and then possible upside rally up to 19870 in today's session. in case nifty trades below 19710 level then the downside target can go up to the 19590 level.
NIFTY ANALYSIS FOR 16TH OCT 2023-FOR EDUCATION PURPOSENIFTY ANALYSIS FOR 16TH OCT 2023-FOR EDUCATION PURPOSE
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. It is advisable to take the advice of SEBI registered advisor.
@vijayanjum
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#NIFTY Intraday Support and Resistance Levels - 13/10/2023Nifty will be gap down opening in today's session. After opening nifty start trading below 19780 level and then possible downside rally up to 19660 in today's session. in case nifty trades Above 19830 level then the upside target can go up to the 19950 level.
19831 proved as resistance as depicted yesterday. Read Yesterday's idea and look what was said about 19831. Look at the chart and see what 19831 did. Yesterday the resistance level was given 19831 look what happened today. Look at the specific area in the circle. That ladies and Gentlemen is power of Technical analysis. All the other resistance and support levels remain the same. As we could not cross the resistance today we might start negatively or very negatively and Nifty might stage a recovery later in the day or couple of days. 19690, 19663 or 19622 can prove to be important supports.
#NIFTY Intraday Support and Resistance Levels - 12/10/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19830 level and then possible upside rally up to 19950 in today's session. in case nifty trades below 19790 level then the downside target can go up to the 19670 level.
Nifty Looking Strong and rampaging ahead.Nifty is touch wood crossing resistance after resistance and rampaging ahead as if these resistances where mere matter of small hurdles to cross. The next major resistance for Nifty is just around the corner at 19831 which it might again try to cover by opening gap up tomorrow. If not gap up it will take some doing to cross 19831 and 19994. As they are strong resistances. Support for Spot Nifty on the lower side remain at 19722 and 19572.
Choppy day - Plan for 12th October 2023Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
NIFTY ANALYSIS FOR 12TH OCT 2023-FOR EDUCATION PURPOSENIFTY ANALYSIS FOR 12TH OCT 2023-FOR EDUCATION PURPOSE
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. It is advisable to take the advice of SEBI registered advisor.
@vijayanjum
#nse
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#niftyfifty
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Head & Shoulder pattern breakout in TRENT TRENT LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Head & Shoulder Pattern.
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 2170+.
✅Can Go Long in this stock by placing a stop loss below 2065-.
#NIFTY Intraday Support and Resistance Levels - 11/10/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19720 level and then possible upside rally up to 19840 in today's session. in case nifty trades below 19670 level then the downside target can go up to the 19550 level.