Nifty Analysis – Today’s Game Plan! (31st December 2024)🔥 Nifty Analysis – Today’s Game Plan!
Let’s Break It Down:
The Nifty is currently trading at 23,658.65, sitting in a zone where things can go either way. With clear support and resistance levels, the market is poised for its next big move.
📍 Levels You Can’t Ignore:
🚀 Strong Resistance Zone: 24,055
⚡ Immediate Resistance: 23,878
🛡️ Support Zone: 23,535
🔒 Strong Support Zone: 23,318
What Could Happen?
💥 Bullish Scenario:
If Nifty manages to break above 23,878, it’s likely heading toward the 24,055 mark. This breakout could mean strong momentum, so watch for increased buying volumes.
⚠️ Bearish Scenario:
If Nifty struggles to stay above 23,535, a slide to 23,318 might be on the cards. Breaking this level would bring more pain for the bulls.
Here’s the Plan:
For Buyers:
Go long only above 23,878, aiming for 24,055. Keep your stop-loss tight around 23,750.
For Sellers:
Consider shorting below 23,535, with a target of 23,318. Protect your trade with a stop-loss near 23,650.
Something to Think About:
RSI Levels: Showing signs of possible recovery—are the bulls gearing up?
Volume Watch: A breakout without volume isn’t reliable. Let the market show its hand!
Market Open Impact: GIFT Nifty hints the market might open near these zones. Be ready for action!
Final Words:
Markets are unpredictable, but preparation is key. Know your levels, set your stop-loss, and trade like a pro. Remember, discipline beats emotions every time!
Disclaimer: This is not financial advice—just a trader sharing insights. Trade smart, trade safe!
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Giftnifty
Nifty Intraday Levels | 1-OCT-2024This trading strategy focuses on scalping Nifty options based on institutional support and resistance zones and executing trades using order flow data. Here's a quick summary of the key points:
1️⃣ Zones to Focus on:
👉Green Zone: Represents institutional support.
👉Red Zone: Indicates institutional resistance.
👉Gap Between Zones: Typically ranges from 100-200 points.
👉Zone Creation: Uses pivot points and Fibonacci levels.
👉Price Action: An advanced version for refined entries and exits.
👉Chart Reference: Trades are executed based on the Nifty futures chart.
2️⃣ Trade Execution:
👉Order Flow Data: Trades are triggered by tracking the market's order flow.
👉Timeframes: Focus on the 1-minute and 5-minute charts for quick scalps.
👉Risk-Reward Ratio: Strict 1:2 (Risk 1 to gain 2).
👉Strike Price: Target at-the-money (ATM) or slightly in-the-money (ITM) options.
👉Position Sizing: Customize based on personal risk tolerance.
3️⃣ House Rules:
👉Sharp Execution: Be ready at 9:15 AM for market open.
👉Risk Management: Always a priority.
👉Quick Trades: Fast execution "morning breakfast".
👉Strict Stop-Loss: Set at 10 points to limit losses.
This method is well-structured for traders who prioritize risk management and quick scalping opportunities in the Nifty market.
#ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌
🙏 FOLLOW for more content!
👍 LIKE if you found it useful!
✍️ COMMENT below with your thoughts and feedback!
#FocusedScalping #RiskManagement #NiftyOptions
Nifty Intraday Levels | 25-SEP-2024#Optionbuyers
#Niftyoptionscalping
1️⃣ Zones you always Like:-
👉Green zone- Institutional support
👉Red zone - Institutional resistance
👉Gap between institutional zones is always of 100-200 points
👉Zone is created with the help of pivot points and Fibonacci
👉Advance version of price action
👉Trades based on Nifty future chart
2️⃣ Trade Execution:-
👉Trade based on order flow data
👉Timeframe - 1 min and 5 min
👉Risk Reward Ratio always 1:2
👉Strike price always ATM & slightly ITM
👉Maintain Position sizing according to your own method
3️⃣ House Rules in trading:-
👉Sharp at 9:15 AM
👉Priority to risk management
👉Fast execution (morning breakfast)
👉Stop-loss 10 points (strictly)
#ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌
🙏FOLLOW for more !
👍LIKE if useful !
✍️COMMENT Below your view !
Nifty Intraday Levels | 23-SEP-2024#Optionbuyers
#Niftyoptionscalping
1️⃣ Zones you always Like:-
👉Green zone- Institutional support
👉Red zone - Institutional resistance
👉Gap between institutional zones is always of 100 points
👉Zone is created with the help of pivot points and Fibonacci
👉Advance version of price action
👉Trades based on Nifty future chart
2️⃣ Trade Execution:-
👉Trade based on order flow data
👉Timeframe - 1 min and 5 min
👉Risk Reward Ratio always 1:2
👉Strike price always ATM & slightly ITM
👉Maintain Position sizing according to your own method
3️⃣ House Rules in trading:-
👉Sharp at 9:15 AM
👉Priority to risk management
👉Fast execution (morning breakfast)
👉Stop-loss 10 points (strictly)
#ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌
🙏FOLLOW for more !
👍LIKE if useful !
✍️COMMENT Below your view !
GIFT NIFTY broke from the sell zone mentioned in last postNSEIX:NIFTY1! GIFT NIFTY once again felt the pressure of sell zone at the top and gave the fall while reacting to buy zones marked in previous post, now we need to follow the next fresh buy sell zones to plan the trades accordingly,
if we break the current buy zone, below are the 3 target marked, above current zell zone we may test the next sell zone.
NIFTY FUTURE hits the down target , NOW WHAT?NSEIX:NIFTY1! as mentioned in the last ide shared, nifty future started creating fresh lower highs and lower lows and finally gave the target mentioned in the last post, now we need to see if nifty future breaks above previous resistance or breaks current support to create new lower low.