Niftyintradaylevels
#NIFTY Intraday Support and Resistance Levels - 22/08/2023Nifty will be FLAT opening in today's session. After opening nifty sustain above 19400 level and then possible upside rally up to 19520 in today's session. in case nifty trades below 19350 level then the downside target can go up to the 19230 level.
#NIFTY Intraday Support and Resistance Levels - 18/08/2023Nifty will be gap down opening in today's session. After opening nifty start trading below 19320 level and then possible downside rally up to 19200 in today's session. in case nifty trades above 19350 level then the upside target can go up to the 19470 level.
#NIFTY Intraday Support and Resistance Levels - 17/08/2023Nifty will be gap down opening in today's session. After opening nifty start trading below 19430 level and then possible downside rally up to 19310 in today's session. in case nifty trades above 19450 level then the upside target can go up to the 19570 level.
#NIFTY Intraday Support and Resistance Levels - 16/08/2023Nifty will be gap down opening in today's session. After opening nifty start trading below 19400 level and then possible dowside rally up to 19280 in today's session. in case nifty trades above 19430 level then the upside target can go up to the 19550 level.
NIFTY--Liquidity @19650 and @19300 ??Nifty index price is turned to be bearish from a ranging...
now the price is near to its bullish gap...
If this acts as support and trendline breaks price is said to be bullish again...
clears the liquidity @19600-19650 levels...
be on bearish side until price breaks trendline...
If trendline breaks keep on buy side up to 19550 and 19600 levels.
Keep safe before short side...as it is on important level of support @19300 levels.
If price is continue to be bearish then we have a another bullish gap + Demand is located @19150 levels...
before going down it may clears the liquidity on top side...keep safe...
Totally Ranging from 19650-19150 levels.
#NIFTY Intraday Support and Resistance Levels - 14/08/2023Nifty will be FLAT opening in today's session. After opening nifty start trading above 19450 level and then possible upside rally up to 19570 in today's session. in case nifty trades below 19410 level then the downside target can go up to the 19290 level.
#NIFTY Intraday Support and Resistance Levels - 07/08/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19550 level and then possible upside rally up to 19670 in today's session. in case nifty trades below 19500 level then the downside target can go up to the 19380 level.
NIFTY--Liquidity lies @19300 ??The nifty Index, after a strong fall price is given us 50%-60% retracement in Fibonacci.
if tomorrow price wants to fall this is the area that can push the price lower.
the previous resistance acts as support and price moved up again..
Don't go for short side if price breaks the low.... there is an another zone, that can immediately push the price up to trendline.
don't fall in trap here. It gives retracement again then look for sell.. until keep watch the show.
mean while price creates a trendline this area....
look for sell at that for proper targets on down side.
Look for buy on bottom side...after the break of trendline and retest up to 20K.
all the liquidity lies on these lows...that will break and reverses immediately.
Tomorrow again price enters into the consolidation zone....it will not gives us any movement.. slowly moves up and down. No proper direction. option sellers have a chance to grab this.
so keep safe.
Thank you guys for your support.
#NIFTY Intraday Support and Resistance Levels - 01/08/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19770 level and then possible upside rally up to 19860 & this rally can extend another 100-120 points if market gives breakout 19870 level in today's session. in case nifty trades below 19730 level then the downside target can go up to the 19620 level.
#NIFTY Intraday Support and Resistance Levels - 31/07/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19650 level and then possible upside rally up to 19750 & this rally can extend another 100 points if market gives breakout 19760 level in today's session.in case nifty trades below 19630 level then the downside target can go up to the 19520 level. also reversal possible 19750 level.
nifty pre market analysis31JULY ANALYSIS:
Daily analysis:
Nifty opens:
side: sell if it breaks down (PS-70%)
gapup: wait for price-action and only in later half if breakout above 19760 then think of buying(ps-50%)
gapdown: we will sell if market breaks after some consolidation
on big gapdown we will wait for price-action, trade on either side breakout in small qty
Note: PS means position size
Nifty 31Jul23 to 04Aug23 Short,Medium,Long Term & StockPickNifty 31Jul23 to 04Aug23 Short,Medium,Long Term & StockPick
Nifty closed at 19646 ( 19745) and touched low & high of 19572 and 19871.
Nifty long call was given Three week back (at 19250) and touched all time high 19996
RSI and Stochastic level dipped to 60 % & 48%.
Nifty- In Short term might increase
Resistance at 20000,
Support at 19500 ( Shown in thick red support line)
Nifty Medium Term -
Above 20000 it will take it to 20100-20150-in Medium term.
Nifty support at 19300/19000
Can initiate sell around 20000-20150 ( Fibonacci 1.618 level)
Long term-
Q1 results are average for majority stocks except Bank stocks so far & to review the Q2 results.
Stock specific approach needed in upcoming market.
Stocks to pick ( Buy on Dip) for Long Term by on Staggered way call was given four weeks back, on an average raised 3-5 % in Three week( Can accumulate on dip ):
Disclaimer: For analysis purpose only. Many stocks raised considerably in last three weeks.
Can add CIE Automotive (RS 473.5 ) and AXIS Bank (950) in their portfolio with Medium term outlook - 30-Jul-23
HDFC Bank , L&T Tech ( 8% up), KPIT , PI Ind , Dr Reddys ( 12% Up), Ujjvan Small Fin (16 %), Route Mobile, Bank of Maharashtra ( 25 %), Andhra Paper(3%) Accelya Solutions
Investors can accumulate following Mutual Funds
NIFTY 50 & Nifty Equal weight ( 50%)
Nifty Bank & IT (20%)
Nifty Mid Cap ( 20 %)
Nifty Small Cap (10%)
#NIFTY Intraday Support and Resistance Levels - 28/07/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19710 level and then possible upside rally up to 19820 in today's session. in case nifty trades below 19690 level then the downside target can go up to the 19580 level.
#NIFTY Intraday Support and Resistance Levels - 27/07/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19800 level and then possible upside rally up to 19920 in today's session. in case nifty trades below 19760 level then the downside target can go up to the 19640 level.
#NIFTY Intraday Support and Resistance Levels - 26/07/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19700 level and then possible upside rally up to 19820 in today's session. in case nifty trades below 19650 level then the downside target can go up to the 19530 level.
#NIFTY Intraday Support and Resistance Levels - 25/07/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19670 level and then possible upside rally up to 19790 in today's session. in case nifty trades below 19650 level then the downside target can go up to the 19530 level.
Nifty pre market analysis25JULY ANALYSIS:
Daily analysis:
Nifty opens:
side: sell if it breaks yesterdays low(PS-100%)
gapup: for gap up wait for price-action and sell if it comes down after some price-action(ps-50%)
we will buy only when market closes above 19785 (PS40%, if gives breakout after 12 then 60%PS)
gapdown: we will sell after negative price-action
on big gapdown we will buy if market makes 5 min bullish candle
#NIFTY Intraday Support and Resistance Levels - 24/07/2023Nifty will be gap Down opening in today's session. After opening nifty start trading below 19770 level and then possible downside rally up to 19660 in today's session. in case nifty trades Above 19800 level then the upside target can go up to the 19920 level.