Category Archives for Nifty Technical Analysis

Nifty Intraday Technical View 20th March

As posted in the last analysis: Now at present Nifty is trading near multiple resistance, the most critical range will be 11565-11610. Close above that, can lead a rally of more 150-225 points. Bears need to break & hold below 10400 level for the move towards 11340/11260.

​The view is still the same; Bears need to break & close below 10400 level for a pullback towards 11340/11260/11180.

Till then Bulls have the steady hand, but Bulls also need to be cautious in the range of 11565-11610, which can act as short term resistance.

Critical Support for today in Intraday is at 11490/11450/11380 & Resistance is at 11555 /11590/11660.

Note: Above mention price projection & other Information are for educational purpose only.

Posted by Divesh
March 20, 2019

Nifty Trading Near Resistance Zone

As posted in the last analysis: Nifty made the low around 11314, which shows bulls are still holding the ground & further upside can be seen again, till trading above 11317 & Bears will get active below 11238 for the move towards 11175/11100.

Nifty Trading Near Resistance Zone

Nifty continues to hold 11317 & made the high of 10530 today.

Now at present Nifty is trading near multiple resistance, the most critical range will be 11565-11610.

Close above that, can lead a rally of more 150-225 points. Bears need to break & hold below 10400 level for the move towards 11340/11260.

Critical Support for today in Intraday is at 11430/11390/11300 & Resistance is at 11505 /11550/11640.

Note: Above mention price projection & other Information are for educational purpose only.

Posted by Divesh
March 18, 2019

Nifty Weekly View 18-22nd Mar

As posted in the last analysis: 11080 will act as resistance above which move towards 11130/11210/11320 level can come & 10950 will act as support below which move towards 10880/10800 can come.

Nifty Weekly View 18-22nd Mar

Nifty Gann Angles

Last week, as soon as Nifty move above the 11080, it started non-stop rally and on Friday it made the high of 11487, does our all three weekly targets.

This month will be critical as many cycles conjunction & completion is taking place during this month, which I've discussed before here, at the starting of the month only and last week such a big move is the effect of such cycles only. 11565-11610 will be the most critical range to watch out in the coming days.

Next week 18th & 20th March are the critical dates, 11510 will act as resistance above which move towards 11570/111645/11860 level can come & 11400 will act as support below which move towards 11345/11270/11150 can come.

Note: Above mention price projection & other Information are for educational purpose only.

Posted by Divesh
March 17, 2019

Nifty Technical Analysis 14th March

As posted in the last analysis: Holding above 11317 can show us further up move towards 11380/11440/11570 & Bears will get active below 11170 for move towards 11100/11020.

Nifty Technical Analysis

The view is still the same, till we are trading above 11317 Bulls can hit 11380/11440/11570 & Bears will get active below 11180 for move towards 11100/11020.

Critical Support for today in Intraday is at 11300/11270/11190 & Resistance is at 11355 / 11385 / 11460.

Note: Above mention price projection & other Information are for educational purpose only.

Posted by Divesh
March 14, 2019

Nifty Trading Near Critical Monthly Zone

Nifty Intraday Technical Chart

As posted in the last analysis: Bulls are having full control till trading above 10960 & can take the index towards 11130/11210 levels & Bears will get active below only 10900, for a move towards 10840/10750.

Nifty Trading Near Critical Monthly Zone

Bulls are in strong position & showing good strength; Now we are approaching a significant price range of 11210-11220.

Bull need to hold above this range for a move towards 11290/11360 & Bears need to close below 11050 for the move towards 10960/10840.

Critical Support for today in Intraday is at 11140 / 11095 / 11030 & Resistance is at 11210 / 11255 / 11320.

Note: Above mention price projection & other Information are for educational purpose only.

Posted by Divesh
March 12, 2019

Nifty Intraday Outlook 08th Mar

As posted in the last analysis: The view is still same Bulls are having full control till trading above 10900 & can take the index towards 11130/11210 levels & Bears will get active below only 10840, for a move towards 10750/10620.

Nifty Sign

Bulls are having full control till trading above 10960 & can take the index towards 11130/11210 levels & Bears will get active below only 10900, for a move towards 10840/10750.

Yesterday before closing there was some bearish Nifty sign for today downside, if today continuously trade below 11040 level then there is a strong probability that we may see Nifty below 11000 at least in intraday.

Critical Support for today in Intraday is at 11040 / 10990 / 10930 & Resistance is at 11100 / 11145 / 11220.

Note: Above mention price projection & other Information are for educational purpose only.

Posted by Divesh
March 8, 2019

Nifty Intraday Analysis 07th Mar

As posted in the last analysis: Bulls finally manage to close above 10950, and now possibly we can see the move towards 11055/11130 level. Bears will have there chance only below 10840, for a move towards 10750/10620.

Nifty Intraday

The view is still same Bulls are having full control til trading above 10900 & can take the index towards 11130/11210 levels & Bears will get active below only 10840, for a move towards 10750/10620.

Critical Support for today in Intraday is at 11040 / 10990 / 10930 & Resistance is at 11105 / 11150 / 11220.

Note: Above mention price projection & other Information are for educational purpose only.

Posted by Divesh
March 7, 2019

Nifty Weekly Prediction

As posted in the last analysis: 10840 will act as resistance above which move towards 10890/10960/11075 level can come & 10700 will work as support below which move towards 10640/10570/10455 can come.

Nifty Weekly Prediction

Nifty Gann Angles

Last week Nifty made the high of 10939 above our weekly Resistance of 10840, it almost does our 2nd weekly target. March will be the critical month for Nifty as multiple cycles conjunction will happen during this month. 'Time is the most Important Factor'.

Next week 08th Mar is the critical date, 10910 will act as resistance above which move towards 10965/11040/11175 level can come & 10780 will work as support below which move towards 10725/10650/10520 can come.

Note: Above mention price projection & other Information are for educational purpose only.

Posted by Divesh
March 4, 2019

Nifty Technical Analysis 01 Mar

As posted in the last analysis: The view is still the same Bulls need close above 10950 level for the move towards 11075/11200 & Bears to require close below 10750 for a move towards 10650/10550.

Nifty Intraday Analysis 01 Mar

Yesterday Nifty was consolidating & trading in a very narrow range; March will be the critical month as multiple cycles conjunction will happen during this month.

For a shorter-term view, Bulls need close above 10950 level for the move towards 11075/11200 & Bears to require close below 10750 for a move towards 10650/10550.

Nifty Technical Analysis 01 Mar

Above I've drawn our unique angle line on a 15 min time frame, which will guide us today about the trend during intraday.

Critical Support for today in Intraday is at 10760 / 10720 / 10660 & Resistance is at 10840 / 10880 / 10950.

Note: Above mention price projection & other Information are for educational purpose only.

Posted by Divesh
March 1, 2019

Nifty Technical View 26th Feb

As posted in the last analysis: Nifty gave the close above 10760 which illustrates more upside ahead in coming sessions for the target of 10830/10950 levels. From short term perspective, Bears are still having upper hand & from higher side levels probably will again see the selling pressure.

Nifty Technical View 26th Feb

Nifty made the high 10887 above 10760, which was a good 130 points profit move. Now, Nifty is inching towards a critical resistance zone of 10920-10950 level, where it can get resisted. Bears will get active below 10800 for a move towards 10720/10610. Present ‘Bank Nifty’ Trend from Intraday Chart

Critical Support for today in Intraday is at 10840 / 10795 / 10720 & Resistance is at 10900 / 10950 / 11075.

Note: Above mention price projection & other Information are for educational purpose only.

Posted by Divesh
February 26, 2019
1 2 3 4