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Niftyoutlook

Nifty-08/04/2022-LevelsHello Traders, Nifty-08/04/2022-Levels ------------------------------ If Market Opens as a- GAP-UP: Support of IMP (BUY) – Rejection of IMP (SELL) FLAT: Support of IMP (BUY) – Rejection of PDL (SELL) GAP-DOWN: Support of S@1 (BUY) – Rejection of PDL (SELL) ------------------------------------- Happy Learning and Trading Rules to fallow... 1) Trade with Strict Stop Loss. 2) Trade with Small Quantity. 3) Take entries based on Support & Resistance Levels. Please take the trade according to the levels marked, with Risk-Reward. This is not a Buy or Sell recommendation to anyone. Take entries after your own analysis. This is for education purpose and a helping hand to learn trading in market. NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level. I hope you all like my analysis. Follow me to get regular updates. Please do share your thoughts in comment section. Please Hit a LIKE , it motivates me to do analysis and do share with your trading friends. SHORT FORM &FULL FORM ------------------------------- PDH-> Previous Day High PDL-> Previous Day Low PWH-> Previous Week High PWO-> Previous Week Open PWC-> Previous Week Close PWL-> Previous Week Low IMP -> Important R@1, R@2,R@3... ->Resistance-Zones S@1, S@2,S@3... ->Support-Zones M_S -> Major Support S_H -> Swing-High S_L -> Swing-Low D_T -> Double Top D_B -> Double Bottom T_T -> Triple Top T_B -> Triple Bottom TF -> Time Frame BO -> Break-Out RR -> Risk-Reward SL -> Stop-Loss GAP -> The area b/w Previous Day Close and Today Open Blue Color Text(S@*,R@*)-> Act as Major Support or Resistance-Zones(Be Alert, Chances to Market take Reversals )
NSE:NIFTY
by SriTrader5121
NIFTY 50 Trend AnalysisScenario 1 The chart pattern looks like a descending broadening wedge which is a bullish continuation pattern. I am expecting bottom to be around 15000-15300 levels if the above mentioned pattern plays out. For more confluence to my idea, you can check volatility index and dollar index linked below. VIX is at reversal point with bullish divergence in RSI and DXY was long posted but still following what I mentioned then. Now it is about to break out of the bull flag and head higher. Both these will add more bearish pressure to stocks. Death Cross is also likely to play out in couple of days, which is also highly bearish. Scenario 2 If 16800 level will provide support then reverse H&S pattern will play out. Scenario 2 is more likely because most of the stocks already bottomed out and will make higher low for bullish continuation. Will see what happens. Peace!!
NSE:NIFTYShort
by Swastik24
Nifty : Daily AnalysisAfter yesterday's BIG move due to HDFC Twinc now Nifty need to be cool down to go more. Currenlty, Nifty is trading in triangle patter. its verymuch imporatant for Nifty to corss yesterday's high and sustain. currently it is forming double top patter on 15 min time frame. Down side 17900 is very much important support zone for Nifty. if nifty sustain and not cross it, we may see 18340 - 18500 and 19220 possible by April end. If not sustain & break may go 17730 Like, Share, Comment for regular updates. 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
NiftyHello & welcome to this analysis on NIFTY After a few days of sideways consolidation Nifty appears to have completed its correction yesterday. It faces resistance at 17380 / 17440 (going by current SGX Nifty its trading well above it) and then at 17650 / 17800. Failure to take out 17650-17800 zone could see long unwinding and selling pressure till 17000 or lower, whereas above that zone the trend line resistance near 18150 becomes a target. 17275 appears to be a strong support now for the settlement.
NSE:NIFTYLong
by Dinesh_C_Nagpal
NIFTY Outlook for the coming week i.e. 4th to 8th April 2022.Market has shown immense strength this week closing at 17670 which is more than 3.02% from last week. Nifty is now headed strongly into a resistance zone and we might witness a clash between bulls and bears the coming week. The strong resistance zones will be 17709, 17819 and 17951. If Nifty has a massive continued bull run in less likely circumstances, it can reach 18030 and regain 18K+ levels in case the bulls have a field day or a week. However, this looks unlikely as of now. In case bears prevail the support levels will be near 17551, 17440, 17250 and 17008 in case the bears have a decent outing. FIIs are in buying mode and tailwinds look positive as of now unless we have some negative development in the weekend.
NSE:NIFTY
by Happy_Candles_Investment
Nifty Round and path ahead for 28th March to 1st April 2022.As mentioned last week the resistance between 17206 and 17450 proved very difficult for Nifty to conquer. It was a mixed week with Crude trading in a volatile fashion Covid 19 cases picking up in China, South Korea, Europe and other places. The war is continuing relentlessly and I would say our market is doing extremely well to hold above 17078 which is the 50 days EMA. FIIs and DIIs were taking turns this week in buying and selling almost like playing hide and seek. Indian market are showing inherent strength. We are at cross roads any positive news can give a nice 200-300 point rally similarly any negative news will test the supports at 17078, 16988 and 16726. On the upper side resistance levels will be 17202, 17294, 17352, 17428 and finally 17628.
NSE:NIFTY
by Happy_Candles_Investment
Nifty Update for 21st February 2022The Index has been very volatile in the last week and made a more comprehensive range. #Nifty50 trend is missing in weekly, daily, and hourly time frames means we are trading in a sideways market, and index trading is tricky in a sideways market because both sides move. India USD and sgx CMP are 17175, so a flat opening is expected, and posted a 4-hour chart to understand the current market situation. 16,900 to 17,000 is a crucial level, and Index has taken multiple times to support from this level and not make highs, so be careful in the Intraday. Intraday Resistance : 17,400 Intraday Support : 17,150 Key Support : 16.900 to 17,000 Trade Accordingly!
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by CodeViser
1
Nifty Update on 18th February 2022 I tried to explain everything on the chart to understand the price structure and where we were trading. I have used the hourly chart to describe, but it's the same daily and weekly. Index swings, highs, and lows were messy, clearly an nondirectional market. Intraday =============== Intraday is very tricky and asks the expertise and experience both Sideways market is not easy to trade for novice traders. I am not demotivating to anyone. Try to explain what kind of market it is and what risks are involved. INTRADAY RESISTANCE :17,350 INTRADAY SUPPORT : 17,200 Rules you must follow in Intraday. 1) Choose your segment Wisely 2)Avoid holding the overnight position 3)Minimum Position size 4)Use stop loss in the system 5)Closed the Terminal if target achieved Understanding the importance of these trading rules and how they work together can help a trader establish a viable trading business. Trading is hard work, and traders who have the discipline and patience to follow these rules can increase their odds of s
NSE:NIFTY
by CodeViser
1