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NIFTY

Nifty50 Support And Resistance 7-Jun-24 Please find below simple resistance and support: This is only for education purpose. Do your own research before investing or trading. I AM NOT SEBI REGISTERED ANALYST, SO BEFORE TAKING ANY DECISION CONSULT ANY PROFESSIONAL. We Strictly Recommend You Not To Make Any Decisions, Financial, Investments, Trading, Or Otherwise. Please Understand That Using This Information Would Be Totally At Your Own Risk. **************************************************************************** 𝐃𝐈𝐒𝐂𝐋𝐀𝐈𝐌𝐄𝐑: We/I are not 𝐒𝐄𝐁𝐈 ( Securities and Exchange Board of India ) Registered. The Information Provided Is For Educational & Instructive Purposes Only. Our Intention Is Not To Provide Any Financial Advice, Investment Advice, Training Advice, Or Any Other Advice. This Is General Information And Is Not Explicit To You Or Anyone Else. Without The Consultation Of Any Professional, We Strictly Recommend You Not To Make Any Decisions, Financial, Investments, Trading, Or Otherwise. Please Understand That Using This Information Would Be Totally At Your Own Risk. Do Not Take Any Action Unless You Are Set Up To Continue An 'All Out Misfortune " or "Total Loss". Your Misfortune Could Incorporate Cash You Contributed Just As Commissions And Exchange Charges
NSE:NIFTY
by solitaryverma
Nifty Institutional levels | Intraday 6-JUNE-2024 | 9:15 IST#Optionbuyers #Niftyoptionscalping 1) Zones you always Like:- Green zone- institutional support Red zone - institutional resistance Gap between institutional zones is always of 100 points Zone making is helped by pivot points and Fibonacci Advance version of price action 2) Trade Execution:- Trade based on order flow data Timeframe - 1 min Risk Reward Ratio always 1:2 Strike price always ATM & slightly ITM Position sizing 3) 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 Content , We Hope U Liked IT 📌 🙏FOLLOW for more ! 👍LIKE if think is useful ! ✍️COMMENT Below your view !
NSE:NIFTY1!
by ReviveTraders
Nifty Support & Resistance Levels for 06.06.2024Nifty gained more than 3% yesterday and closed near the 15-minute resistance zone mentioned in the last post. If it breaks above 22,900, we might see selling pressure at the daily resistance zone starting at 23,062. Support Levels: Intraday Support Zone (15m): 21,944 - 22,076 Near Support (Daily): 21,137 - 21,459 (remains the same) Far Support (Daily): 20,769 - 20,950 Resistance Levels: Intraday Resistance Zone (15m): 22,643 - 22,881 Major Resistance/Supply Zone (Daily): 23,062 - 23,338.70
NSE:NIFTY
by PriteshPalan
NIFTY Prediction for tomorrow 6 Jun 24NIFTY gave a really big bullish moment today. It's still an effect, and the market boomed 700+ points. If we look at the chart now: The market gave really big momentum to the upside. The market is trading above EMA, which shows that the market is really bullish right now. There is also a bullish EMA(13, 50) crossover, which indicates that the market is in a bullish phase now. Support levels: 22246, 21850, and 21293 resistance levels: 22640, 22832, 23151 If we look at the OI data: PCR = 0.61, which has increased from 0.53, shows a bullish sign in the market. There is no such max-pain Market that is clearly bullish. There is only good CE writing at 23000, which is going to provide a huge resistance. VIX has also decreased significantly, which indicates volatility is being controlled. I am expecting the market: Case 1 : Sideways in range of 22253-22640 Case 2 : On either side, it breaks to either side's trade accordingly. Reason: RSI > 60 shows a bullish structure. Price > EMA(13, 50, 200), which indicates a Bullishmarket structure. PCR = 0.63 has risen from 0.53 and shows signs of bullishness. Price > VWAP shows a Bullish market structure. Verdict: Sideways in range of 22253-22640. and Volatile on either side, it breaks. Plan of action: Case 1 : Sideways: Sell 22250 PE & 22650 CE (Hedge it with 20/- premium options) Case 2 : Exit the opposite position on either side. It breaks.
NSE:NIFTY
by finnova_
Nifty Support & Resistance Levels for 05.06.2024Huge selling was witnessed yesterday due to election results that did not align with exit polls. A big red candle on the daily chart broke almost all near supports of the last four months, breaking the channel and taking support at the daily demand zone of 21,137 - 21,459. Support Levels: Near Small Support (Daily): 21,137 - 21,459 Far Support (Daily): 20,769 - 20,950 Gap Zone Support (Daily): 20,267 - 20,508 (if further fall occurs) Resistance Levels: Intraday Resistance Zone (15m): 22,643 - 22,881 Major Resistance/Supply Zone (Daily): 23,062 - 23,338.70
NSE:NIFTY
by PriteshPalan
Whats Next in Nifty after biggest fall.NSE:NIFTY #NIFTY50 DAY Chart Analysis for 05- JUNE-24. 📰BJP is unable to form a stable clear majority government, so there will be an impact on markets 📰 👉Perfect Handling of markets before elections and Glitch in CDSL it was so perfect and flawless, after that massive fall by 5.93%. 🔹View: Biggest fall seen yesterday and still it is not in a mood for V shap recovery. So lets analyse in detail. TECHNICAL ANALYSIS 👉INDIA VIX :- 26.74 ( V. High ) 👉PCR :- 0.52 ( Decreased) 🔹Structure :- 1 year range breakout on Monday became a 1 year gain erosion on Tuesday. 👉Price hit around 200 EMA after 7.5 months. 🌐GLOBAL:-DJI& Nasdaq close slightly bullish. 📰 🌐GIFTNIFTY:- 90 Points Plus. 👉OI:- Immediate resistance 22300 after that Heavy calls Written at 22500 followed by 22500 make a strong resistance for Nifty. 👉FII DII:- Both sold Heavily. ⚡️⚡️OUTLOOK:- will remain in range for some days if not fallen instantly below the mentioned zone on chart. Detailed analysis on chart Study it and mark levels on your chart Keep Learning, Happy trading.
NSE:NIFTY
by SANJAYPATIDAR_
Take a look: low risk; 15% ROI in 2-3 daysFundamentally good stock, Good for 2-3 days holding. For short term investment in cash market'. . . Entry: 576 target: 588 - 601- 644 sl: 560 major stoploss / support: 545 . Enter only after breaking & close above " Yellow box" mentioned. Or else wait for some time. ' ' Don't make complicated trade set-up.📈📉 Keep it " simple, focus on consistency💹 Refer our old ideas for accuracy rate🧑‍💻 Valuable comments are welcomed-✌️ . refer old ideas attached below
NSE:ABSLAMCLong
by TheNuraTrading
03 Jun 2024 - Exit poll results takes Nifty50 to all new highsNo technical analyst could have predicted what would happen today, yes most of them would have guessed it right. The analysis that really stood out Friday was when one of the analysts posted the screenshots of Adani group stocks and mentioned - see the exit poll results before the actual exit polls. Honestly, it could have gone either way. If the exit polls predicted less than 270 seats, then we would have fallen 800pts easily. Luckily, things went up and the majority of the crowd were happy (most of them were long only). Our stance is revised to bullish, if we start falling then 23089 would be the first support.
NSE:NIFTYLong
by viswaram
Reliance will Support Nifty for Upmove?Reliance Industries, a major component of Nifty 50 with more than 10% weightage, is currently trading at 2850, which is the 61.8% FIBO retracement level of the last swing. We might expect a good bounce from this level. However, if this level does not sustain on a closing basis, we might see a fall to 2728, where there is a strong demand/support zone at 2647 - 2728. The monthly and weekly trends (50 SMA) for Reliance are positive, while the daily trend remains sideways for now. Watch Reliance closely, as its movement will likely influence Nifty's direction.
NSE:RELIANCELong
by PriteshPalan
Take a look: low risk; 50% ROI possible; don't missFundamentally good stock, Good for 2-3 weeks holding. For short term investment in cash market'. Leave a " Like If you agree ". 👍 . . Entry: 76 target: 79 - 88 - 112 sl: 68 major stoploss / support: 63 . Enter only after breaking & close above " Yellow box" mentioned. Or else wait for some time. ' ' Don't make complicated trade set-up.📈📉 Keep it " simple, focus on consistency 💹 Refer our old ideas for accuracy rate🧑‍💻 Valuable comments are welcomed-✌️ . refer old ideas attached below
NSE:MAHABANKLong
by TheNuraTrading
#Nifty Trading Important levelsOn 1 Day Timeframe, NIFTY trading important levels. Time to wait for either breakout or Breakdown (reversal) for the Nifty. Breakdown Move - Confirmation for breakdown will be if Nifty starts trading and sustain below 23030 level - Downside rally nearly 800 points expected in case of breakdown - Intermediate support expected near 22475- level - Short Trader can place there stop loss if Nifty starts trading above 23182 level Breakout move - Long side movement expected in case Nifty starts trading and sustain above 23182 level - Above this level Nifty can go upto the 24220+ level. - Intermediate resistance expected near 23850 level - Long trader can place there stop loss if Nifty starts trading below 23030 level.
NSE:NIFTY
by TradZoo
NIFTY Intraday Trade Setup For 3 May 2024| Loksabha Trading ViewNIFTY Intraday Trade Setup For 3 May 2024 Bullish-Above 22660 Invalid-Below 22600 T- 22120 23417 NIFTY has closed on a bearish note last week with 1.86% last cut. Since the coming week is very due to Loksabha election results. As per the exit polls market looks all set for a fresh ATH. Directional move will be seen on Monday in the upside and there can be IV crush on Tuesday and the next day also then again a rally is very much possible. So it looks safe to sell non-directional only after news is out i.e result day. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 22660 then we will long for the target of 23120 and 23417. Chances of a big gap up is high, so one can trade on 10 o'clock range breakout for a precise entry with risk calculated with previous swing after breakout. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:NIFTY
by Omahto
BULL CALL SPREAD BANK NIFTY FOR 05 JUNE EXPIRYBANK NIFTY Bull Call Spread for Election Result Expiry BUY 4 Lots BANK NIFTY 05 JUN 49000 CE BUY 1 Lot BANK NIFTY 05 JUN 50000 CE SELL 4 Lots BANK NIFTY 05 JUN 49500 CE Margin Required : 84,409 Max Profit : Unlimited Max Loss : 24,675 (29%) Break Even at Expiry : 49,411 Target 1 : 50543 (3%) Projected Profit 13,400 (15%) Target 2 : 50943 (4%) Projected Profit 20,733 (25%) Target 3 : 51,433 (5%) Projected Profit 28,070 (33%) Stop Loss : None/ As per your risk
NSE:BANKNIFTYLong
by jbmaan
Small Rectangle pattern Breakout || Positional Trade in IPCA LABHello Guy's i have brought an idea which can be best positional trade as this stock has given breakout, i have done my analysis on daily time frame, Breakout is sustaining above the previous highs, Stock has made fresh all time high in today's session. Stock is good with good liquidity.. MACD also has given bullish crossover Price and action suggesting a move at least for 8-10% in short term. Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. 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.
NSE:IPCALABLong
by TraderRahulPal
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