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Niftyview

Nifty facing a trendline resistance near 21800.Nifty is facing a trendline resistance near 21800. 22000 seems to be the top for the current hourly parallel channel with a strong resistance near 21800 and 21891. There are various levels of support for the Nifty from the current level are 21676, 21597, 21526 (Strong Support 50 hours EMA), 21397 and 21239 (Channel bottom). Either 20995 or 20883 can be the turning point or reversal points closing below which current bull rally can end.
NSE:NIFTY
by Happy_Candles_Investment
27 DEC 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open gap up After A gap up opening if Banknifty sustains Above 48000 and takes Support from 48000 then open target for T1-48200, T2-48300,T3-48500 If the Banknifty gap up opening sustains Below 48000 and takes resistance below 47900 then the open Targets for T1-47700, T2-47600,T3-47500 Major Levels 47500,47600,48000 If the market stands in this area of 47600 to 47800 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
Nifty continues good show, ends above mid-channel resistanceNifty continues good show and ended the day above mid-channel resistance. Nifty right now looks pretty fairly placed to touch the previous high or end making a new high. Top of the currently looks near 21800. The resistances on the way towards top of the channel are at 21483, 21541 and 21592. Crossing and closing above 21592 will open the doors for 21800. Supports on the down side are near 21397, 21303 (Major Support 50 Hours EMA), 21113 and finally channel bottom near 20980. Trend will change to negative if we get a closing below 20696.
NSE:NIFTYLong
by Happy_Candles_Investment
Nifty stopped at Mid-Channel resistance of hourly channelNifty today stopped at mid-channel resistance of hourly channel. holding above 50 hours EMA (Mother Line) was a significant step in recovery towards recent high that Nifty made earlier this month. Supports for Nifty 50 remain at 21302 and 21258 (Major support - 50 hours EMA) mother line. If we get a closing next week below 21258 the Nifty can fall further to 21113 or 20980 levels. Trend can change to negative if we get a closing below 20777. Bear can awaken from coma if and only if we get a closing below 20641 (200 Hours EMA)(Father Line). Resistances on the way up will be at 20397, 21483 and previous high around 21593.
NSE:NIFTYLong
by Happy_Candles_Investment
22 DEC 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open gap up After A gap up opening if Banknifty sustains Above 48000 and takes Support from 48000 then open target for T1-48200, T2-48300,T3-48500 If the Banknifty gap up opening sustains Below 47500 and takes resistance below 47500 then the open Targets for T1-47300, T2-47200,T3-47000 Major Levels 48000,47500,48200 If the market stands in this area of 48000 to 48200 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
21 DEC 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open gap down After A gap down opening if Banknifty sustains Above 47000 and takes Support from 47000 then open target for T1-47200, T2-47300,T3-47500 If the Banknifty gap up opening sustains Below 47500 and takes resistance below 47500 then the open Targets for T1-47300, T2-47200,T3-47000 Major Levels 47000,47500,47200 If the market stands in this area of 47000 to 47200 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
NIFTY prediction for today 20 Dec 23As we discussed, nifty will be forming a double top. It has completed the double top, and 21500 worked a nice resistance. Now, for today, 21500 will be acting as a nice deciding line. If it breaks above and consolidates upside, then it might go higher; otherwise, 21500 might work as a turning reversal point for Nifty. Reasons: DOUBLE Top formation is already completed. In the last 30 minutes, there was a lot of pressure from sellers with great power. (Bearish) Ascending triangle pattern completion is there, which shows the trend might continue. OI has PCR 0.99, is bullish, and 21400 has quite nice additional PE writing. (bullish) RSI is 40-60, which means it is mostly sideways. Price > EMAs(13,50,200) shows bulls are still having market control. (Bullish) 21300 will be providing a nice price action support point. If it breaks to the upside, 21650 will provide a nice target point. Verdict: If it breaks to the upside, Sideways or Bearish might go bullish. Plan of action: Observe 15-minute candles and be on the selling side. Follow the analysis.
NSE:NIFTY
by finnova_
20 DEC 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open gap up After A gap up opening if Banknifty sustains Above 48000 and takes Support from 48000 then open target for T1-48200, T2-48300,T3-48500 If the Banknifty gap up opening sustains Below 47600 and takes resistance below 47600 then the open Targets for T1-47500, T2-47300,T3-47200 Major Levels 48000,47800,47000 If the market stands in this area of 48000 to 47800 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
19 DEC 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open gap down After A gap down opening if Banknifty sustains Above 48000 and takes Support from 48000 then open target for T1-48200, T2-48300,T3-48500 If the Banknifty flat opening sustains Below 47600 and takes resistance below 47600 then the open Targets for T1-47500, T2-47300,T3-47200 Major Levels 48000,47800,47000 If the market stands in this area of 48000 to 47800 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
18 DEC 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open gap down After A gap down opening if Banknifty sustains Above 48200 and takes Support from 48200 then open target for T1-48300, T2-48400,T3-48500 If the Banknifty flat opening sustains Below 48000 and takes resistance below 48000 then the open Targets for T1-47800, T2-47700,T3-47600 Major Levels 48000,48200,47800 If the market stands in this area of 48000 to 48200 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10