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Niftydaily

NIFTY DAILY - 16/2/2024One more gap up opening of Indian index. Fourth winning strike of Bulls and started the day with positive momentum. Index has formed small body green candle with upper and lower shadow on daily chart. MACD is giving crossover which indicates bullishness into the market. So further uptrend can be seen towards 22115 with support of 21893 level. ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:NIFTY
by radha_23
NIFTY DAILY - 15/2/2024The Nifty traded in a narrow range throughout the day and formed Doji candle on the daily chart. Which is indicating indecisiveness amongst the participants. Candle is closed above 9 days Simple Moving Average Line. We may see resistance at 22115 level and support at 21748 level. ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:NIFTY
by radha_23
NIFTY DAILY - 14/2/2024Indian index opens with gap down with huge selling pressure due to bad inflation data from US and bears took nifty to the low of the day that is 21530. Afterwards bulls took the charge and started filling the gap and made high of the day that is 21870. Index has formed large green candle with upper and lower shadows. Index has taken support at 50 level on RSI. 21912 will work as resistance level & 21632 will work as support level. ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:NIFTY
by radha_23
NIFTY DAILY - 13/2/2024Nifty opened with negative note but bears were not able to sustain in the market. The bulls attempted to stretch their arms for the session and made high of the day that is 21766. Index has form green body candle with long lower shadow and upper shadow which indicates bulls are buying from lower end. Another candle is closed below on 9 days Simple Moving Average line. Index may find nearest resistance at 21912 level and 21632 will work as nearest support level. ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:NIFTY
by radha_23
NIFTY DAILY 12/2/2024Indian shares settled lower in today’s session and formed bearish candle with upper and lower shadow. Which indicates bears were aggressive and took Nifty to low of the day that is 21574. Today's Candle is closed below 9 days Simple Moving Average line. we may see bear run till 21515 with resistance of 21747 level. ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:NIFTY
by radha_23
NIFTY DAILY - 9/2/2024Bears loose its winning streak in the market. Nifty open with negative note and witnessed heavy selling, during the day. one point of time nifty registered low of 21629. But after making low nifty recovered and formed a big green candle with long lower shadow and upper shadow on daily chart which indicate bulls are back in the game and they are buying from lower end. Candle is at middle band of BB indicator. Index may reverse from here if nifty crosses 21912 hurdle level and 21632 will work as support level. ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:NIFTYLong
by radha_23
NIFTY DAILY - 8/2/2024Second winning strike of bears, in Today’s session. Index opened with the negative note and at the end of the trading hours Nifty formed a bearish candle with lower shadow on the daily charts which is indicating that now bears are trying to capture the market. MACD is giving Cross-down. Index has break the support of 21893 level we may see weakness till 21632 with resistance of 21912 level. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:NIFTYLong
by radha_23
NIFTY DAILY - 6/02/2024Indian indices open with negative note and made days low that is 21737.55 but after wards bull’s takeover the market and made days high that is 21951.40. Index has form green body candle with upper and lower shadow which indicates Buyers were buying from lower end because lower shadow is long as compare to upper shadow. MACD has given Crossover which shows bullishness into market. Candle is trading above on 20 days SMA line. we may see bullish run till 22124 with support of 21893 level.
NSE:NIFTYLong
by radha_23