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Niftyanalysis

Nifty Outlook 1st to 5th July 2022. Can the rally continue?Will the rally continue or fizzle out? Is the big question. After a fantastic week where we saw Nifty end at 17158.25 after taking support from 200 days EMA we are set for another week where Nifty where Nifty is in the position to move forward if it can clear few resistances that are up and ahead. The support levels for Nifty on the down side are 17028, 16947, 16747 and finally 16535. Below 16535 which looks unlikely for now Nifty can go to the levels of 16430 or 16304. The resistances Nifty has on the way up are: 17213, 17333 and 17431. Above 17431 major hurdles will be 17649 and 17798. These 2 levels (17649 and 17798) can be crossed if and only if there is a massive participation from FIIs, DIIs and Retail investors.
NSE:NIFTYLong
by Happy_Candles_Investment
NIFTY Analysis/Prediction for tomorrow 29-07-2022NSE:NIFTY Analysis/Prediction for tomorrow 29-07-2022 For Flat Opening 🟢 Buy CE near 16870 ✔️ Target Should be 16980 🔴 Avoid PE For Gap-UP Opening between 17000-17060 🟢 Buy CE above 17070 ✔️ Target Should be 16252 🔴 Avoid PE For Gap-Down Opening below 16850 🟢 Buy CE above 16930 ✔️ Target Should be 17000, 17060 🔴 Buy PE below 16840 ✔️ Target Should be 16252, 16660 Important Notes: 🚨 Gap-UP & Gap-Down more than 100 points wait for price action. 🚨 Gap-UP & Gap-Down up-to 100 points wait for pullback. ⚠️ Wait for the 5-minute candle to close for confirmation. ⚠️ Trade Like: Either SL or Target. ⚠️ Important: Always maintain your Risk & Reward Ratio. Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
NSE:NIFTY
by TheTechNifty
Can we close above 17000 tomorrow?The stage looks set for NIFTY to gain 17K once again. If that happens lot of investors will be happy and market confidence will only keep increasing from here. Before we reach there there is very important resistance this resistance is exactly at the point which NIFTY was not able to cross today that is 16948-16960. Crossing this resistance zone will unleash more strength and Take NIFTY to next resistance zones of 17099, 17331 and 17475. Above 17475 there will be one of the strongest resistance zones of last six months that is 17681 to 17798. Support zones for Nifty in case it is not able to cross the week and close above 16948-16960 will be 16747, 16674 and finally 200 days EMA of 16529. Below 16529 the supports are 16430 and 16269. Below 16269 NIFTY can again go back in the tight grip of bears.
NSE:NIFTYLong
by Happy_Candles_Investment
Nifty Important levels and trade plan for Friday, 29.07.22 Nifty is continuing its up move from last two days and standing near an important psychological level of 17000, And this level was having highest OI in CE side through out the week, and though it is not very significant now but still next week’s expiry is having highest OI in same level also. Again, if we see in 75 minute time frame, RSI is at 80 level, and on daily it is near 70, combining everything we may come to a conclusion that, it may not be essay for Nifty to breach 17000 level tomorrow and continue its up move. There could be two scenarios tomorrow in case of gap up opening above 16989, it may sustain there, and hover over, for a day or two, and then continue its up move. We will initiate a PE sell above this level, if sustain. And levels of concern will be 17063, 17138 and 17195. If Nifty unable to sustain this level, then after breaking 16929, will go for bearish trade, possibly in selling side, and will go for bearish buying in case of activity below 16845, but after nifty forming a proper price action between 16929 and 16845 only. 16751, 16631 and 16547 will be the important support levels. Same will be our strategy for flat or gap down opening. Possibly if tomorrow Nifty opens flat then there will be a huge chance that it will take resistance in the upper zone and will go for a pull back from the bullish trend. If not sure about the direction, then will avoid trading between 16845 and 16929. With no important event coming, we may not be able witness and mega action in Nifty 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 28th July, 4:45 PM** ***Personal opinion, not a trading advice*** #NIFTY50
NSE:NIFTY
by rahulbora11
Important Nifty LevelsLooking at the EU and US markets, expecting NIFTY to trade in a very range bound market... 16700 ~ 16770 look to be good resistance zone (CPR resistance levels 16703) 16500 - 16500 look to be good support zone (CPR support levels 16561) OI a. Call writing is quite high at 17K, even 16.7K has good OI b. Put writing at 16.5K has nearly 6 million contracts 20 delta iron condor for 28th July looks to be in good range, buying tighter hedges will improve the RR and is looking good to provide 3% returns
NSE:NIFTY
by radhakrishna108
#Nifty 26th July 2022 || Falcon Trader Analysis In the post that was for today 25th July 2022, Link below (Nifty - what next? July Month Expiry - I had mentioned that we are looking at some local top to be formed. Having said that - there are technical analysts who are looking at bigger trend move up in 5 waves. While we still hold Falcon Wave - where green A weekly wave was formed, and now going down in weekly green B wave. This needs to be done either in 3 wave or 5 wave. The three wave scenario, blue ABC, has 5 waves down to form blue A of daily TF. This is shown in the chart and most likely true where wave 2 is formed. We will get more clarity in next 2-3 days. Happy Trading!
NSE:NIFTYShort
by Falcon_Trader_1