NIFTY Analysis between June 13 to June -20
June-13: Nifty made a bottom around 24508, this is going to be support
June-17 to June-20 : Nifty taken a pause and traded between 24982 to 24805, on June-20 Nifty given a breakout check Red Line in the under given images
Volatility: (ATM) implied volatility remains range-bound between 13.5%–15.5%,
Resistance: 25220 is going to be the major resistance
Bottom line: The Nifty remains in consolidation, trading within a range but with bullish technical momentum. Traders should watch for a sustained move above 25,100 on volume for fresh rally potential. In the meantime, dips to the 24,700–24,500 zone may offer good entry points.
Front Page Link # click this link for detailed chart analysis
For Positional Trade Report click this Link
Plz refer under given Chart for detailed NIFTY analysis
June-23 # Having bullish view on NIFTY || In today’s session shown support at lower level || covered all short on June-13 || 24500 is major support and 25220 is going to be major resistance….
24 June || Having bullish view in Nifty will prefer to short if it start trading below 24800 || Today, in first half market was quite strong and touched high of 25318 but failed to close above 25220 (major resistance point) || I will observe Zone of 25120 to 25220 quite closely….
25 June NIFTY Analysis
✅ Breakout Confirmed:
NIFTY closed above 25,222, which was a major resistance zone. || On June 13, you closed all short positions, initiated long positions based on reversal signalsHold all long positions, As long as NIFTY holds above 24,824, bullish structure remains intact (as per price action & chart analysis):
26 JUNE NIFTY Price Action Analysis…
Today on the day of monthly Expiry market shown great amount of strength || As discussed earlier closing above 25222 is the confirmation of strength in the NIFTY || As on date as per current price action 24999 is going to be reversal point for me || I am bullish on NIFTY….
Check this Link for more Detail…
27 JUNE NIFTY Price Action Analysis…
Today NIFTY shown strength in the entire session but failed to breach the gap created between Oct-01 to Oct-03 (2024) || It will be interesting to see how NIFTY cover this Gap || I am having Bullish view on NIFTY but with Some caution…
Check this link for mor details….
30 June NIFTY Price Action Analysis & View on next seesion
As discussed earlier, NIFTY shown sign of weakness near the gap zone || still there is no breakdown in Bullish Structure but its looking tough to cross 25750 in this expiry || made bearish position in NIFTY but not very aggressive before changing my view Bullish to Bearish I need some more confirmation on Price Action Front….
Check this you tube link for more details
July-01 || NIFTY Price Action Analysis..
Finally NIFTY made a range today (25470 to 25670) || If it start trading above the range I will cover my short position I will go long aggressively subject to some condition || If it start trading below these range I will go short aggressively subject to some conditions || Check this you tube link
02 July NIFTY Price Action Analysis
Today Nifty opened up posotively near its supply Zone (25600 to 25650) || In second half intially it tried to respect Demand Zone but finally broken down as deciced earlier I booked profit in my Bearish Credit spread and created agressive short in NIFTY against my holding(or Long Positions)
