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Niftyindia

Nifty Outlook For 9th to 13th January 2023. Nifty is looking very fragile and holding on to a major support right now which is near 17775. Mostly we should see turnaround for Nifty from this levels on Monday but in case this support is broken and we see this support broken, then we will see a freefall till the levels of 17668 and 17397. Below 17397 we have major support of 50 Weeks EMA which is near 17336. Breaking 17336 can further empower the bears who can rule the roost from then on have a further Iron grip of the market. The resistance on the upper side are at 18000, 18125 and 18251. A turnaround on Monday or Tuesday can bring things in balance otherwise investors will have a tough next week which can test their patience.
NSE:NIFTYLong
by Happy_Candles_Investment
NIFTY : View for 3rd JanNIFTY : Sellers trying to stop nifty but Bulls are working hard to hold levels. its important to watch Price action levels closely to understand who will win this fight. Yesterday it went down and back again exactly touching indicator and created 2 green candle in hourly chart. change levels little bit to adjust price movement but my personal view is still up. Lets see today's price action and levels. It will motivate me to post more analysis if you can Like, Share, Comment. Disclaimer I am not SEBI registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing First Learn and then remove "L" Last view : Comment: 1st Jan : Nifty was not able to sustain and down during last session. but its hold position exactly at hour support line. Still nifty is near support zone and bull can try again with double force to back in bull zone. Lets see Monday candle pattern
NSE:NIFTY
by ChartsSpecialist
NIFTY 50 VIEWNifty breaking the support zone. It is good to wait for a retracement and then the fall could be continued. It will be good to add some puts at the 18000 zone. Wait for a reversal from 18000 level. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries. Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
NSE:NIFTYShort
by simple_trader2022
1
NIFTY Tomorrow for 6 Jan 2023Nifty 50 opens with a gap at 18087 vs the previous close at 18036. Nifty immediate was resistance is at 18100-18125. First Hour Candle did not take out the resistance nor the support, hence waited for further confirmation for new short trades. Following hour prices did break the immediate support at 18030 and moved lower towards the next support levels around 17850 There is a formation of Cypher pattern on the hourly chart suggesting PRZ around 17900-17880. Now what's for tomorrow Today's candle is a bear candle with a long shadow, suggesting buying at lower areas and volatility may also rise. The market might open flat or gap down tomorrow. The market is near major demand 17850-17650, and rsi is also near 40 support hence careful with short trade positions, as we might see spikes.
NSE:NIFTY
by manuagarwal21
2
NIFTY 50 for Tomorrow 5 Jan 2023Nifty opens flat at 18230. As we discussed in the previous post to go up, it should sustain 18230 levels , Though it did not sustain 18230 levels and slipped through the immediate support levels { 18180-18160 } in the very first hour suggesting weakness may continue in the rest of the session, further to the next support levels at 18100 - 18050 Shorts are initiated with a stop at the day's high or midpoint of the first-hour bear candle. We saw weakness in the next hour and following, where prices tested 18100 - 18050 No bottom phishing at support, because different timeframes are not in alignment. Resistance at 18100- 18130 Volatility may increase One can sell aggressively if it slips below 18050-18030, where we could see it moving fast towards 17800 - 17650 levels. Disclaimer: Trade at your own risk
NSE:NIFTY
by manuagarwal21