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Niftyindia

Nifty Outlook For 9th to 13th January 2023. Nifty is looking very fragile and holding on to a major support right now which is near 17775. Mostly we should see turnaround for Nifty from this levels on Monday but in case this support is broken and we see this support broken, then we will see a freefall till the levels of 17668 and 17397. Below 17397 we have major support of 50 Weeks EMA which is near 17336. Breaking 17336 can further empower the bears who can rule the roost from then on have a further Iron grip of the market. The resistance on the upper side are at 18000, 18125 and 18251. A turnaround on Monday or Tuesday can bring things in balance otherwise investors will have a tough next week which can test their patience.
NSE:NIFTYLong
by Happy_Candles_Investment
NIFTY : View for 3rd JanNIFTY : Sellers trying to stop nifty but Bulls are working hard to hold levels. its important to watch Price action levels closely to understand who will win this fight. Yesterday it went down and back again exactly touching indicator and created 2 green candle in hourly chart. change levels little bit to adjust price movement but my personal view is still up. Lets see today's price action and levels. It will motivate me to post more analysis if you can Like, Share, Comment. Disclaimer I am not SEBI registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing First Learn and then remove "L" Last view : Comment: 1st Jan : Nifty was not able to sustain and down during last session. but its hold position exactly at hour support line. Still nifty is near support zone and bull can try again with double force to back in bull zone. Lets see Monday candle pattern
NSE:NIFTY
by ChartsSpecialist
NIFTY 50 VIEWNifty breaking the support zone. It is good to wait for a retracement and then the fall could be continued. It will be good to add some puts at the 18000 zone. Wait for a reversal from 18000 level. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries. Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
NSE:NIFTYShort
by simple_trader2022
1
NIFTY Tomorrow for 6 Jan 2023Nifty 50 opens with a gap at 18087 vs the previous close at 18036. Nifty immediate was resistance is at 18100-18125. First Hour Candle did not take out the resistance nor the support, hence waited for further confirmation for new short trades. Following hour prices did break the immediate support at 18030 and moved lower towards the next support levels around 17850 There is a formation of Cypher pattern on the hourly chart suggesting PRZ around 17900-17880. Now what's for tomorrow Today's candle is a bear candle with a long shadow, suggesting buying at lower areas and volatility may also rise. The market might open flat or gap down tomorrow. The market is near major demand 17850-17650, and rsi is also near 40 support hence careful with short trade positions, as we might see spikes.
NSE:NIFTY
by manuagarwal21
2
NIFTY 50 for Tomorrow 5 Jan 2023Nifty opens flat at 18230. As we discussed in the previous post to go up, it should sustain 18230 levels , Though it did not sustain 18230 levels and slipped through the immediate support levels { 18180-18160 } in the very first hour suggesting weakness may continue in the rest of the session, further to the next support levels at 18100 - 18050 Shorts are initiated with a stop at the day's high or midpoint of the first-hour bear candle. We saw weakness in the next hour and following, where prices tested 18100 - 18050 No bottom phishing at support, because different timeframes are not in alignment. Resistance at 18100- 18130 Volatility may increase One can sell aggressively if it slips below 18050-18030, where we could see it moving fast towards 17800 - 17650 levels. Disclaimer: Trade at your own risk
NSE:NIFTY
by manuagarwal21
Good Start to the New year by NIFTYMarket Outlook: NIFTY has formed a good positive candle on the first trading day of the New year and the positivity can continue if there is no negative global cue during the week. Overall Nifty on daily charts has formed a candle similar to ‘Bullish Harami’ pattern, indicating some positive bias in the investors. However, 18301 to 18389 zone is now a strong resistance as shown in the chart. Major Support Levels: 18084, 17993 and 17777. Major Resistance Levels: 18257, 18301, 18389 and finally 18473.
NSE:NIFTYLong
by Happy_Candles_Investment
Nifty Outlook For 2023 1st HalfMarket Outlook: Initial phase of 2023 will continue to pose challenges to investors. Indications are that Volatility will remain persistently along with challenges related to inflation and Geo-Political issues. It has been observed that COVID is also as persistent as inflation and a wave or a variant continues to return every Six or Eight months. These probably interconnected issues of Inflation, Geo-politics and COVID will continue to keep investors on toes. When the situation will stabilize? Well your guess is as good as mine. We cannot say for sure. Lot of analyst and international bankers feel that towards Second half of the year situation will be better than what it is now. Medium Term Target for Nifty for the year 2023 is 19004. Important Supports: 18084, 17815 and 17456. Important Resistances: 18301, 18473 and 18738.
NSE:NIFTY
by Happy_Candles_Investment
2
NIFTY : moving as expected NIFTY : bounce perfectly as mentioned last time, 23rd Dec : we would require engulf candle Monday to sustain and Today we have Bullish engulf candle on chart. :) 26th Dec: What Next: after creating Engulf still some level is pending for Nifty to back to his bull zone. Zone is marked in charts. lets wait & watch. 27th Dec: Nifty it trying to catch our Bull zone levels marked in chart.....Lets see tomorrow what will happened after it touch our Bull zone level. Thursday we would have more idea on Nifty . Keep watch. 28th Dec: As mentioned yesterday, Nifty touch our Bull zone and reverse exactly from there. its not easy for Nifty to break price action levels. Tomorrow If Bulls able to gap up and sustain we can see continue up move. If unable to sustain, Nifty can back again in our support zone (Box). Trade as per morning candle. 30th Dec : Sorry guys, unable to update yesterday due to some personal reason. As expected nifty entered successfully in Bull zone now. X managed to trap people by gap down yesterday and then bulls pressure was with full josh. This is what we were looking for "Josh". Now shifted support to 1'6159-181 zone as Market have to sustain till here for next move. 18434 is next resistance on chart as per my study. Lets wait & watch It will motivate me to post more analysis if you can Like, Share, Comment. Disclaimer I am not SEBI registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing
NSE:NIFTY
by ChartsSpecialist
2
NIFTY : Expiry levelNIFTY : bounce perfectly as mentioned last time, 23rd Dec : we would require engulf candle Monday to sustain and Today we have Bullish engulf candle on chart. :) 26th Dec: What Next: after creating Engulf still some level is pending for Nifty to back to his bull zone. Zone is marked in charts. lets wait & watch. 27th Dec: Nifty it trying to catch our Bull zone levels marked in chart.....Lets see tomorrow what will happened after it touch our Bull zone level. Thursday we would have more idea on Nifty . Keep watch. 28th Dec: As mentioned yesterday, Nifty touch our Bull zone and reverse exactly from there. its not easy for Nifty to break price action levels. Tomorrow If Bulls able to gap up and sustain we can see continue up move. If unable to sustain, Nifty can back again in our support zone (Box). Trade as per morning candle. It will motivate me to post more analysis if you can Like, Share, Comment. Disclaimer I am not SEBI registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing
NSE:NIFTY
by ChartsSpecialist
Market Outlook for reminder of weekMarket Outlook: Sharp bounce back by Nifty on Monday but there are important hurdles to ross before Bulls again take control of the market. Any news again related to COVID outbreak in India or any new restrictions along with increase in number of cases can again lead to a sharp fall. However, indicators on Monday are in favor of Nifty going up or staying sideways. Important resistance to cross before bulls take over are 18101 and 18168. Major Support Levels: 17849, 17782, 17621 and finally 17428. Major Resistance Levels: 18101, 18168, 18324 and finally 18446.
NSE:NIFTYLong
by Happy_Candles_Investment