NSE NIFTY hits all-time high I am thrilled to inform you that the NSE Nifty has achieved a remarkable milestone. It hit a new all-time closing high on Friday, driven by heavy buying in IT counters and fresh foreign fund inflows. Isn't that fantastic? The market is buzzing with positivity and optimism, and there couldn't be a better time to consider taking a long position on the NSE Nifty.
With the IT sector showing strong growth and foreign funds pouring in, the Nifty has been on an upward trajectory. This presents an incredible opportunity for traders like you to capitalize on this momentum and potentially reap significant rewards. By going long on the NSE Nifty, you stand a chance to benefit from the continued bullish sentiment and its positive impact on your portfolio.
So, why wait? Seize this moment and consider taking a long position on the NSE Nifty. With the market's current upbeat tone, it's an ideal time to ride the wave of success and potentially maximize your profits. Don't let this opportunity slip away - take action now and position yourself for success.
Niftytradesetup
Nifty Weekly Analysis for Jul 17 - 21🔍 Analysis on Nifty for the Upcoming Week 🔮
Jul 17 - 21
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 19190, 19200, 19330, 19600.
🔎My outlook:
The outlook for the upcoming week’s trading suggests a non-directional view (Sideways).
📈 Bullish Scenario:
If Nifty breaks out above the significant level of 19600, supported by a strong and clear daily candle, it could indicate a bullish market trend.
📉 Bearish Scenario:
However, if Nifty breaks down below 19190, confirmed by a strong and clear daily candle, it may signal a decline towards the 18890level.
📊 Support Level:
As long as Nifty sustains above the support level of 19190, the market can be viewed as bullish.
nifty pre market analysis17JULY ANALYSIS:
Daily analysis:
Nifty opens:
side: if market gives breakout after some consolidation then buy(PS-100%)
gapup: for gap up wait for price-action and then buy if market goes up after taking support (ps-100%)
gapdown: sell only below 14450, if price action starts to build up
NIFTY ANALYSIS FOR 14/07/2023BUY ABOVE - 19470
SL - 19440
TARGETS - 19510,19560,19630
SELL BELOW - 19400
SL - 19430
TARGETS - 19340,19300,19250
Still I'm Suffering with some Health Issues guys... I'm not well 💉🩸
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
I'm not well guys 🫀💉🩸So I'm not sure about Updating the market moment in the live market.... If possible I'll update at that time
If you like my levels then keep this levels into your Charts & Follow the levels Strictly
HAPPY TRADING GUYS
NIFTY--Fakeout or Breakout??price again broken the ATH,strongly but falied to take the price up...
a strong gap up is observed from this level...2 times gap up is observed...it's telling us to buy at this place...
until the trendline has been broken strongly and retest then only sell side is possible...
on bottom side we have gap at 19200 level...which may acts as support..
if the previous resistance @19500 again acts as resistance it will again fall back...
careful at this level....
will see what happens in the live market...
NIFTY--Fall or Rise??Price broken the strong demand..tested the supply zone...and fall happens..
will it fall more...rise from this level...
price has broken the trendline as well...
if price falls without retest...later will test the trendline and fall more.
if a continuous fall happens it will rise from the 19260-19280 zone to some extend and fall.
after clearing the bullish gap left..price will rise towards the trendline or previous resistance.
careful at these levels...without any confirmation don't take any action.
please check the previous analysis on bottom links...
thank you very much..
NIFTY ANALYSIS FOR 13/07/2023MARKET IS IN BEARISH VIEW I THINK SO
BUY ABOVE - 19430
SL - 19400
TARGETS - 19470,19510,19560
SELL BELOW - 19340
SL - 19380
TARGETS - 19300,19250,19160
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
I'm not well guys 🫀💉🩸So I'm not sure about Updating the market moment in the live market.... If possible I'll update at that time
If you like my levels then keep this levels into your Charts & Follow the levels Strictly
HAPPY TRADING GUYS
NIFTY--Daily AnalysisObservations::
price has broken the strong resistance @18900 without giving any retracement.
price moved continuously with gapup and continuation format.
from last two days price is in a range and today again the range is broken...
if this continue its momentum or will give us some pullback to the previous resistance.
price created a demand zone @19380-19340 range....
today price has taken the demand zone entry and moved up...no short side momentum is given for us.
A multiple breaks to the upside is observed from this zone....
until price breaks this demand zone...don't think of short side. keep on buy side.
when price tested this demand again, and failed to create a new high, then will see the plan of sell action.
will update once it is reversed.
All these analysis is post market analysis...live market is entirely different from post market analysis..
gap ups and gap downs will occur...its confusing...but with confluence will take entries...without any confirmation don't go for buy or sell.
it leads to losing your trade.
nifty pre market analysis12JULY ANALYSIS:
Daily analysis:
Nifty opens:
side: if market give downside breakout then sell(PS-100%)
if opens above 19440 and gives breakout upside then buy(70%)
gapup: wait for price-action on upside breakout buy (ps-100%)
downside breakout (20%ps)
gapdown: after gapdown and breakdown then sell(100%)
NIFTY TRADING SETUP FOR 11/07/2023BUY ABOVE - 19400
SL - 19360
TARGETS - 19470,19510,19560
SELL BELOW - 19340
SL - 19370
TARGETS - 19250,19160,19110
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
HAPPY TRADING GUYS
HDFC - Almost nearning demand zoneHDFC is nearing demand zone.
Good buy on the Banknifty and HDFC for short term once it touched the demand zone.
Note: This is for educational purpose.
NIFTY--HTF to LTF Analysis ??Observations::
price has broken the strong demand @19375-19350 range strongly...
we have observed a trendline forms by breaking the demand zone....
If tomorrow trendline acts as resistance will observe a fall towards the bottom side gap may fills...
If price breaks the trendline and gives us retest and failed to make a new low below 19300, then will go for buying upto ATH.
Note : After break of trendline price may also fall below...
fake out at trendline may also possible...
At ATH we observed that a supply zone,if resist price again falls below...
untill price breaks the supply zone and retest of any previous zones will go for buy.
If price fills the gap on bootom side...
we will go for buy on trendline break and retest...
LTF::
Nifty Outlook for JulyConsidering option data and Price Patterns,
The channel trend still persists, and price movement is within the regression channel. Expecting to test the below-highlighted supports, the Price movement will be sideways for this month. As long as the price is above 18600, there is no need to consider a bearish outlook on the Nifty.
Support levels are
S1: Trendline connecting historical tops
S2: 19000
S3: 18600
NIFTY--Trend Resumes or Reversal ??Observations::
In higher time frames nifty is still in uptrend...if its continue or reversal will see in live.
price created a demand zone @19380-19340 range....
today price has taken the demand zone entry and moved up...no short side momentum is given for us.
A multiple breaks to the upside is observed from this zone....
until price breaks this demand zone...don't think of short side. keep on buy side.
when price tested this demand again, and failed to create a new high, then will see the plan of sell action. will update once it is reversed.
All these analysis is post market analysis...live market is entirely different from post market analysis.. will see on live market what happens...
NIFTY--Trending Expiry ViewObservations::
price is exactly closed in the supply zone....where price strongly fall from these levels.
we have to wait before sell...
price is again fall below,19410 level,and this level has to reject for more fall.
yesterday price broken the trendline and retested...now we have to check fall happens are not.
the area of value at 19380 level will push the price up...to test the supply one more time...
be on the bearish side from these levels...
On bottom side price tested the demand zone at 19340,today it will not respect it gives us pullback or break may happens and retest will come. So will enter for short for targets of 19300 and 19260 levels.
If price wants to go up, it has to break and retest of supply and then only bullish...
fake out will also be happens at this level.
Keep track this level...key level 19410 level.
NIFTY--Trendline Holds or Break??Observations::
Will trendline acts as support ??
price action is completely in uptrend...
today after open a gap up price fall happens strongly...
buyers try to make the price higher but failed to close above 19400 level...
we can consider this level as a resistance...
price is now near its trend line....will see if this breaks or not.
if price breaks and retest will enter for short side trade...
strong bullishness is observed from the 19250 level after opening gap up...
bullish gap left at 19200 is filled, if trendline acts as resistance.
Bullish gap ma acts as a support also....
will see tomorrow what happens.
keep track these levels.
We don't go for long side...we don't have targets to book...price at anytime may reverse after All Time High.
04 Jul '23 Post Mortem on Nifty Yesterday I was quite ambitious to call the top at 19334 + or 80pts levels. The opening 45 mts and then the subsequent fall from 13.30 to 14.30 showed real signs of N50 running out of fuel.
But one thing that really proved me wrong was the intensity of credit spreads getting written at the PUTS side (bullish sign). Although there was lot of unwinding after 14.30, the issue is that CALL side credit spreads are not getting written.
If the run of N50 has to be checked we need CE shorts, aggressive big boys who do not run for cover. The lowest friction area for N50 to go is up as there are no resistances — thus making it a real tough spot for call writers. Personally I wouldnt dare writing ATM calls now even though I feel the top is near.
1hr TF
N50 for the first time in last 5 sessions closed the gap after a gap-up opening negating a consecutive spree of island day formations. The strong red opening 1hr candle stays lit and I am still inclined to keep the bearish view.
Nifty Elliottwave update 04/07/2023Hello everyone,
Here is our update on NIFTY in ELLIOTT WAVE perspective.
Nifty is about to complete 5th wave.
Note: we have shared this info for education purpose only, not a recommendation, we are not responsible for your profits or losses, always trade with your own risk.