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Niftyresistance

Make or Break Tuesday Coming Up.Spot Nifty is just under Double Trend line resistance of 17700. Closing above 17700 will open the wide possibilities of Nifty strolling 18K and regaining the level with confidence. As the resistance is very strong and we are currently at 17665.80 a great thing to happen will be getting an gap up opening above the resistance and sustaining it. If it is not gap up opening and we move with confidence defeating the level it will be even better. Also note that 17590 is a strong 50 hours EMA support. Resistance levels: 17782, 17844, 17989 and finally 18105. Support levels: 17590, 17425 and 17338. Below 17338 Bears can fight back and drag the index to lowers 17K or even below it to 16.9 or 16.5K levels.
NSE:NIFTYLong
by Happy_Candles_Investment
Harmonic Butterfly flutter it's wings: Will fly up or down?The high that Nifty made today 17719 to 17832 will be tough to cross. Even if that is crossed or touched there is a major resistance beyond it which extends upto 18117. FIIs are buying relentlessly of late. May be their buying power can help us cross this important resistance. Investors should be aware of this zone and if there is a correction be prepared for Profit booking or partial profit booking. The support incase of correction will be at 17349, 17178 and 16930. Below 16930, 50 and 200 days EMA which are around 16600 will be major support. Only below 16600 bear will be again back in control of the market.
NSE:NIFTY
by Happy_Candles_Investment
3
Nifty Important levels and trading plan for Tuesday 12.07.22On daily time frame nifty is sideways. With important resistance levels in 15-minute time frame at 16249, 16275, 16297, and 16325 and support levels at 16182, 16145 and 16118. And major support levels in daily time frame at 16095, 15895, 15678 and major resistance levels at in daily time fare will be at 16405, 16503 and 16588 Below 15678, Nifty will be bearish again. Between 16216 to 16182 will be the no trade zone for directional traders. With flat opening crossing 16182, a bearish trade can be taken. For bullish trade we will have to wait for upper level of no trade zone to cross with a price action. For any opening below that zone, we can go for trades with price action only. 16200 will be the level of concern for tomorrow with considerable OI in both CE and PE side. Nifty sustaining either side will be the side of Nifty for tomorrow. *All support and resistance plotted are based on PDH/PDL. For any reversal after breaking PDH/PDL, support and resistance levels will be different* **Time of plotting the levels and planning 11th July 4:10 PM** ***Personal opinion, not a trading advice*** #NIFTY50
NSE:NIFTY
by rahulbora11
Nifty Important levels and trade planning for Monday 06.06.22At this time SGX Nifty is 116 points down then it’s previous days closings, and at fib level .786 which may act as support and probably may took a reversal, and then we may see a flat or small gap down for nifty on Monday. But if SGX Nifty breaches its current support level and continue its move then we may expect a heavy gap down of NIFTY on Monday. If NIFTY opens below 16613 level, then there is high possibility that it will continue its bearish move as this the level of fib .5 for the current swing and at the same time central pivot line for next week’s weekly CPR, which will clearly offer a huge resistance. So for flat or small gap down opening with one negative candle we may enter into a bearish trade, Major support levels will be at 16519, 16441 and 16368. Any gap down opening of more than 150 points need to wait for price action to complete. For flat or slight gap up opening-On Monday NIFTY has wide CPR, and for flat or minor gap up opening it will face resistance in all levels from 16613 to 16710. If it crosses 16710 level with positive price action then we can enter into a bullish trade. Major resistance levels will be at 16793, 16847 and 16920. From OI data 16800 has huge OI build-up in CE side, and for PE 16500 and 16300 has heavy OI present. So, these levels will definitely act as supports and resistances.
NSE:NIFTY
by rahulbora11
Nifty Futures Key Trading Levels for 19th Oct 2021Nifty Futures Key Trading Levels for 19th Oct 2021 Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor before making any trading decision. Leave a comment that is helpful or encouraging. Let's master the markets together.
NSE:NIFTY1!
by sbkurandwad77
1
Nifty50 Key Support & Resistance for 6th Oct 2021Nifty50 Key Support & Resistance for 6th Oct 2021 Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor before making any trading decision. Leave a comment that is helpful or encouraging. Let's master the markets together
NSE:NIFTY
by sbkurandwad77
Nifty Support & Resistance for 29th Sept 2021Nifty Support & Resistance for 29th Sept 2021 After Trending move on 28th Sept may Nifty remain Volatile or rangebound Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor for before making trading decision.
NSE:NIFTY
by sbkurandwad77