Nifty Outlook welcomes all Nifty Traders here. If you are looking for Nifty Trend or Nifty Trend Today than you are at right place. On this page you will find Nifty Trend, Nifty Levels, Global Financial Events which can effect Nifty Trend, Pivot point and more useful Trading Points. This page will help you to find a good and profitable trade.
Nifty Trend Today
“Date : 23 Sep 2019”
Nifty Index closed on Positive side 5.32% high, gaining 569.40 points at 11274.20.
As we have seen that last week Nifty managed to touch week’s high at 11381.90 where strong resistance was lying at 11380 levels. Support for the Nifty Index is lying at the 11100 levels.
A strong resistance for the day is lying at 11380 levels and strong support is lying at 11100 levels on EOD charts. So, as of now Nifty Trend for Today is Bullish view strong Bullish Candle.
If Nifty manages to stay on either side of these levels then we will see a 100 to 120 points move on respective side.
If Nifty manages to stay above current levels then we can see a Positive Nifty Trend and some new levels up to 11380 – 11550.
Nifty Outlook for Week
Nifty view for the week is coming with positive data. Nifty shown strong Bullish Candle on last trading day which indicates that Nifty may further move up to 11550 levels. Nifty Outlook for the week is 10850 on negative side and 11550 on positive side. Resistance is coming at 11550 levels which is slightly above last week’s high.
Nifty Support : 10850
Nifty Resistance : 11550
Pivot Point : (Click Here For Pivot Point Calculator)
Conclusion : We can see upside move in Nifty Trend on Monday 2019.
More About Nifty Trend
What is Nifty Trend? : Nifty Trend today is the direction of Index, direction may be in positive or negative side. On Nifty Outlook, I publish Nifty Trend, Support, Resistance and Pivot Point for online Option and Future Traders using Technical Analysis Chart. These all informations are only for study purpose.
Online Stock Traders can use these data for Stock Market Trend prediction. What is Day Trading or Intraday Trading? You are here on this page to know about Nifty Trend for Today, I assume that you are aware of Day Trading or Intraday Trading. If you are not, that here is a simple definition of Day Trading – “Buying and selling same quantity of financial instrument like stocks/shares, Future or Option contract, Commodities, Forex on the same trading day is called Day trading or Intraday Trading”.
How to use these Informations?
On this page few sections are published like Nifty Trend, Nifty Levels, Pivot Point and News. Traders can use these sections to know about upcoming important global financial events, which can affect Nifty Trend. Specially Intra-Day traders and Positional traders use these upcoming important events to make their trading strategies. For example – Before Election, RBI Policy or any important financial event we see rally on either side on Nifty Index.
So, if you are aware of these event dates before the events then you can make profitable trades.