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Niftylevels

NIFTY 50 BEARISH MOMENTUM STARTED AS PREDICTED YESTERDAYI posted yesterday about a possible bearish trend shift is taking place in NIFTY as it was testing its weekly and and daily resistance ( LINK MENTIONED) . Now as we can see it has made a liquidity grab above the resistance and started its bearish move . Those who were in sells yesterday were in profits as of now. Those who want to enter in shorts can also join the ride now at 18775 area with 3 possible Take profit areas TP 1: 18721 TP 2: 18635 TP 3: 18556 SL: 18810 use proper money management and this analysis is for educational purpose only and not a financial advise.
NSE:NIFTYShort
by tuahawaqar
Nifty Trade Setup (12-06-2023)This will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup. This is for only for my learning purpose and maintaining my trading journal. Trade setup for tomorrow: 1.) If opens flat and takes support at trendline then will buy for target of PDH. If it breaks trend line and 1st support then will short for target of next supports ( 18470, 18450) 2.) If gap up or down then will trade only after clear setup. look for support or PDH/PDL as resistance and once good setup is formed i will trade.
NSE:NIFTY
by TradeInsights
Nifty Weekly Analysis for Jun 12 - 16🔍 Analysis on Nifty for the Upcoming Week 🔮 Jun 12 - 16 The Nifty index seems to exhibit a bullish trend in both long-term & short-term as well, according to the market structure. 📈 Key Levels to Monitor: In the upcoming week, it's important to monitor key levels 18250, 18530, 18535, 18660, 18775, & 18885. 🔎My outlook: The outlook for the upcoming week’s trading suggests a non-directional market, potentially characterized by a sideways pattern. 📈 Bullish Scenario: If Nifty breaks out above the significant level of 18780, supported by a strong and clear daily candle, it could indicate a bullish market trend. 📉 Bearish Scenario: However, if Nifty breaks down below 18530, confirmed by a strong and clear daily candle, it may signal a decline towards the 18250 level. 📊 Support Level: As long as Nifty sustains above the support level of 18530, the market can be viewed as bullish.
NSE:NIFTY
by venunomula
NIFTY--18700 or 18500 Observations:: ---->> Price is trading in range after opening gap up. consolidation + Bullish = Sell @ Resistance.(18700 Resistance) Consolidation + Bearish = Buy @ Support (Gap may acts as Support.) If price showing bullish pressure towards 18700, wait here for reversal may happens, previous strong fall area. if price comes back to 18450-18500 levels, look for buy. if price breaks 18575 zone retest sell for target of 18500 zone. After break retest in needed to sell. Previous strong resistance may turned to be support @18450 range.
NSE:NIFTY
by IIT-Trader
NIFTY--18700 Or 18200Observations:: NSE:NIFTY ----->> if we see monthly candle it is a strong bearish candle, ------>> If we see weekly analysis , price enters into a zone where previous strong rejection area. we are still in that area , High of that area is 18700.so we will buy up to 18700 area. ------>> If we go for daily analysis , price enters in that area and showing downward pressure, price created a support in the zone @18060 level, while entering in to the resistance area. so that level acts as support and price moved to the resistance zone again with strong bullish candle, and breaks the previous resistance @18460 level. ---------------------------------------------------------------------------------------- Now we can see the clear picture, Case1:: If Yesterday strong bullishness is a manipulation and fake breakout above 18460 level, we are going to sell below 18400 where previous strong resistance, for the target's of 18360-18320,18260,18200 only. while breaking the resistance @ 18460 price created a support @18200 level which is a new support. case 2:: If this is a strong breakout, we have a next resistance @18700 level, we will continue to move in the same direction, but a retracement is needed to go long, after breaking the resistance @18460 levels no proper retracement is not seen. if retracement is done to these levels, 18460-18400 levels and will go for buying above 18460 for targets of 18500,18570-18610 and 18700 levels. @18570-18610 level previously bullishness and bearishness is observed @ same zone. So clearly this week price is ranging above 18200-18700, in the middile we have resistance @18460 zone, if this zone acts as support we go for buying up to 18700 levels, if again acts as resistance will go for selling up to 18200 levels.
NSE:NIFTY
by IIT-Trader
NIFTY--Strong Supply@ 18440-18460 ??Price is exactly closed in the strong Demand zone, which is previous supply zone. if this zone acts as support, price will go up, up to the next resistance @ 18438-18458 range. Résistance + supply zone. = Strong push to downwards may observe. Today's fall is due to previous supply zone @18400 levels, We are left with one supply that is not tested @ 18438-18458 levels. Look here for sell for the target of 18360 and 18260, if price falls below keep in the trade up to 18000 levels. Keep note :: Price may be consolidate between the supply@ 18400 and supply zone @18440 levels, enter on breaking the 18400 and retest of any supply to below levels. If price is not able to break and still in the same range the expiry neutral.
NSE:NIFTY
by IIT-Trader
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