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Niftyindia

Nifty view for 10/06/22Nifty was in a good up move in the secomd half of the day ans closed above 16400. It almost touched 16500 levels and closed near by. It has given a nice bullish daily candle and above its 20 DMA. On 15 minute analysis, it took a nice support from its 20 ema and closed bear its Resisitance level of 16480. Support :- 16370, 16320 Resistance :- 16480, 16560 Market has been given a nice movement and can remain in green. Wait and watch the price action near the levels before trading the market.
NSE:NIFTY
by Mambotrade
NIFTY FOR TOMMOROW - 8 June 2022Nifty opens slightly gap @ 16474 vs yesterday's close at 16416. Nifty saw a sell-off initially in the first hour, though took support at the levels . Nifty bounced sharply from the support levels ( 16340) Nifty then took resistance at day's high, saw a selloff from there, and closed near day's low. The nifty structure still looks weak and the sell-off can extend further if it breaks 16340 decisively. Nifty Support and resistance for tomorrow Support at 16000-15800 Resistance at 16476- 16480
NSE:NIFTY
by manuagarwal21
Weekly NIFTY Outlook From 06th June to 10th June 2022After struggling to cross 50 EMA resistance Nifty on Friday crossed it finally and the momentum helped it to cross 200 days EMA too. But the joy was short lived and 200 days pushed NIFTY downwards so hard that end of Friday the indices where reeling under both 200 and 50 EMA as you can see in the chart. Now NIFTY will look to find a support again. Only after finding a proper support, Nifty will rise again and try to conquer both 50 and 200 EMA Resistances which are close to one another and a formidable resistance to conquer. The Support Zones: 16531, 16442, 16228, 16086, 15904 (Very strong support) and finally 15756. Below 15756 bears will have full control of the market. The Resistance Zones: 16674, 16746 (Very strong resistance), 16793 and finally 16951. Above 167953 we can see the rally consolidate towards 17300 levels.
NSE:NIFTY
by Happy_Candles_Investment
BULLs In-charge: NIFTY formed BULLISH ENGULFING pattern on DailyNIFTY today formed almost a Bullish Engulfing candlestick pattern on Daily charts. Today's candle is more like Bullish Marubozu which suggests strong Bullish momentum. BULLS are in complete charge of the market and looks like there is a Buy on every small Dip. Now, BULLS have to break above a crucial resistance between 16665 - 16700 levels, if its able to break above it then next Target would be 16900 levels. On Downside, NIFTY can take support from 16400 - 16490 levels, if that is broken then on downside we can see NIFTY levels of 16200.
NSE:NIFTYLong
by simplyansh
Nifty Elliott wave (preferred) countsNifty Preferred EW Wave counts from Covid Low to 2021 high (~18600) Major Impulse counts are labelled in Blue with minor wave counts in Orange. Major correction waves are labelled in Pink and Sub-waves within major correction waves are shown in green. Wave 1 is some sort of diagonal - leading diagonal Wave 3 is subdivided again in 5 impulse waves with subwave 5 extended. Wave 4 is shallow correction with most likely some sort of descending triangle formation Wave 2 (Blue) retraced up to 0.618 Golden fib ratio. Wave 3 (Blue) is extended till 2.618 Fib from wave 1. Wave 5 (Blue) is extended in the region from 0.5 to 0.618 FIB from Wave 1 and 3. Present correction started from 18500-600 zone is evolving as WXY (mostly Double zigzag) with Y leg in formation. W leg is again subdivided in ABC (green color) X is a failed impulse with its own abc (green color) and Most likely it is in Y wave formation. We will try to label Y wave as the price evolves. These corrective wave counts are invalid when the red downtrend line is broken and price closes above it. If the counts are valid and Y leg is in progress, possible targets for Y wave should be somewhere around 14900-14500 zone where 1:1 extension (wave w = wave y) or 0.382 FIB retracement on the entire 5 impulse waves (From covid low to 2021 High)
NSE:NIFTY
by Kru-KB
2
Nice setup for NIFTY.Market momentum is back for the time being as NIFTY has sustained above 16400-16495 zone which was a strong resistance. On Monday the market closed at 16664.1 which is just below another strong resistance zone of 16690 to 16753. Crossing this zone, we can see a rally up to 16900-17300 zone. Resistance levels: 16690, 16753, 16959, 17100 and finally if the momentum sustains we can arrive up to the mega resistance of 17385. Support Levels: 16500, 16219, 15913. The range between 15886 to 15700 is a mega support zone.
NSE:NIFTYLong
by Happy_Candles_Investment
Market Outlook 30th May to 3rd June 2022. Market has given strong push with thrust upwards towards end of this week. The rally if sustains above 16400-16495 zone will push momentum in favor of Bulls and Market can continue rally in coming week or weeks towards 16700 and above. The important level to hold and cross for Nifty would be 16400. The Support Zones: 16219, 16026, 15913 and finally 15766. Below 15766 bears will have full control of the market. The Resistance Zones: 16400, 16489, 16692 and 16754 will be a major resistance. Above 16754 we can see the rally consolidate towards 16900 and 17300 levels.
NSE:NIFTYLong
by Happy_Candles_Investment
NIFTY || 27th May 2022 || Falcon Trader || Daily AnalysisNIFTY 50, BOUNCED OFF from the levels as mentioned on the post related to 26th May 2022. We are seeing some bullish momentum to break 16400 levels. Once this level is taken we can even test 16600 levels. After this is over, we will again fall down to make new lows. Next levels to watch, * Break of 16200 levels * Break and test of 16400 levels Downside? Only if US markets are down we will see some low levels but for 27th May 2022 we are headed upwards
NSE:NIFTYLong
by Falcon_Trader_1
16400 is too hot right now to cross. After multiple occasions and multiple tries still NIFTY is not able to hold above 16400 level. Any positive move towards 16768 or 17391 will happen only if the levels of 16400 and 16492 are crossed on a daily closing. Support and resistance levels are as under: Resistance levels: 16400, 16492, 16664 and finally the mega resistance zone of 16778-16916 zone. Support Levels: 16198, 16131, 16000. The range between 15886 to 15700 is a mega support zone.
NSE:NIFTY
by Happy_Candles_Investment
Nifty Intraday Trade Setup for 23rd May 22 (Trading Idea)Let me know if you have any questions in the comment Be active on this post to see my live positions and Trade Do Support by Liking and Commenting on our Post as it motivates us to post more such ideas The chart is for study purposes only!! NSE:NIFTY NSE:NIFTY1! NIFTY , Trading Strategy, Intraday, Banknifty option trading strategy, intraday strategy, simple intraday strategy, Share Trading Strategies, BANK NIFTY TRADING STRATEGIES, trading with volume profile , intraday, mcx , crude oil , crude, crude oil trading tricks, open interest analysis, options trading, options trading strategies, Emotion in Investing, markets scientist, candlestick pattern, candlestick , candlestick analysis, candlestick stock pattern, trusted spots, cool brains, learn and earn, trending, profits How to find stocks for intraday, how to buy and sell in Zerodha kite, Zerodha trading tutorial in Hindi, bracket order, daily income plan, emotions, Unsuccessful Investor, share trading course, share market course. day trading, best strategy on intraday trading, Candlestick types, Candle types, Candlestick analysis in Hindi, Candlestick Body, Japanese Candlestick , Rakesh Jhunjhunwala, share market, stock market for beginners tutorial, how to enter the stock market for beginners, stock market guide, Share market basics for beginners
NSE:NIFTYShort
by harshnisar45
Nifty Analysis/Prediction for Monday 23-05-2022NSE:NIFTY Analysis/Prediction for Monday 23-05-2022 For flat Opening 🟢 Buy CE, If price closes above 16300 👉 Target-1 should be 16400 👉 Target-2 should be 16600 🔴 Buy PE, if price closes Below 16070 👉 Target should be 15700 For Gap-Up Strategy 🟢 Buy CE, If price closes above 16400 👉 Target should be 16600 🔴 Buy PE, if price closes Below 16250 👉 Target should be 16110 For Gap-Down Strategy 🟢 Avoid CE 🔴 Buy PE Near 16050 👉 Target should be 15700 If price sustain below 15700 can see the fall till 15050.
NSE:NIFTY
by TheTechNifty