Nifty is trading near an important support zone around 23,160–23,230.
My view: Nifty looks ready for a possible take-off move from current levels, with an upside potential of around 1000+ points by month end, if support holds.
Key observations:
May 29 volume looks like a possible reversal / absorption volume near the bottom.
On Jun 9, after a long time, delta turned positive — this is a good sign that buyers may be preparing for an upside move.
Levels I am watching:
Support: 23,160–23,230
Target: 24,236+
Invalidation: Below 23,160 with strong selling volume
My view remains bullish only if Nifty holds the support zone and shows follow-through buying.
I am not a SEBI-registered analyst. This idea is shared purely for educational and study purposes. Please do your own analysis or consult a certified financial advisor before taking any trades.
#Nifty #Nifty50 #VPA #VolumeProfile #PriceAction #IndianStockMarket #OptionsTrading #StockMarketStudy
My view: Nifty looks ready for a possible take-off move from current levels, with an upside potential of around 1000+ points by month end, if support holds.
Key observations:
May 29 volume looks like a possible reversal / absorption volume near the bottom.
On Jun 9, after a long time, delta turned positive — this is a good sign that buyers may be preparing for an upside move.
Levels I am watching:
Support: 23,160–23,230
Target: 24,236+
Invalidation: Below 23,160 with strong selling volume
My view remains bullish only if Nifty holds the support zone and shows follow-through buying.
I am not a SEBI-registered analyst. This idea is shared purely for educational and study purposes. Please do your own analysis or consult a certified financial advisor before taking any trades.
#Nifty #Nifty50 #VPA #VolumeProfile #PriceAction #IndianStockMarket #OptionsTrading #StockMarketStudy
I am not a SEBI-registered analyst. This post is only for educational study, not a buy/sell recommendation. Please do your own analysis, follow risk management, and consult a certified advisor if needed.
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I am not a SEBI-registered analyst. This post is only for educational study, not a buy/sell recommendation. Please do your own analysis, follow risk management, and consult a certified advisor if needed.
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
