NIFTY : View for 3rd Jan

3 sty 2023

NIFTY : 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.


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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

3 sty 2023

Uwaga

Trading inside of our levels and reversing from support & resistance. :)

4 sty 2023

Uwaga

Again rejected yesterday from our resistance 18205 can work as a support to cross 15 min resistance. Lets keep eye on candle formation on 1h chart

4 sty 2023

Uwaga

After breaking support 18205 to 18125. Now again its near major support. High & Low of this candle can decide next move of market.
If break high, it can go up
if break low, it can go down.

5 sty 2023

Uwaga

Market break low of candle and we have good fall in Nifty. it also break our major support today. but we are lucky that its closed inside of major support. For now, its not trade zone in Nifty too till its go up or down from Major levels.