Get started

NIFTY

Can NIFTY Regain Its Balance or Will It Plummet Further?Timeframe: 4h After reaching a peak of 26,277 , the NSE NIFTY has begun to decline within a downward parallel channel. The Elliott wave structure can be identified as (W) – (X) – (Y) , where wave (X) peaked at 24,867 , followed by a downward movement for the final wave (Y). The price has fallen below the 20 , 50 , 100 , and 200 EMA levels, with an ATR of 166.36 . The correction has several key levels to consider: At 100% retracement of wave (W) at 21,962 At 100% retracement of wave (a) at 22,827 At the lower boundary of the corrective channel Bearish sentiment is currently stronger than buyer demand. A reversal may occur either after a breakout from the parallel channel or at the lower boundary of the channel. This is possible as long as the swing low of 21,283 remains intact. We will update further information soon.
NSE:NIFTY
by forextidings
17
Nifty 50 spot 22552.50 by the Daily Chart view - Weekly Update*Nifty 50 spot 22552.50 by the Daily Chart view - Weekly Update* - Gap Down Opening of 28th February, 2025 is now filled and has been closed - Basis current weekly closure for Nifty 50 Index, the Support Zone is updated to 21750 to 21960 from earlier 21485 to 21710 Level - Long shot deep Support Zone at 22125 to 22350 is back in action basis the Nifty 50 Index having taken a reversal from 21964.60 dipped level. - Rest Markets are Supreme and work in their own ways. We can at most anticipate, expect and look forward for the best to happen by our assumptions
NSE:NIFTY
by PIYUSHCHAVDA
NIFTY Analysis for today 6 March 25As we discussed yesterday, Nifty took a pullback from 22000. It has shown a good bullish signal at this level. If we look at the chart now: The market is trading at 200 EMA (15 EMA) and 50 EMA (1 H - TF), which is going to provide resistance at this level. The market is trading in the accumulation phase. If it breaks this zone, then the next resistance is a higher trendline at 1D TF, which I shared yesterday. Support levels: 21987, 21840 Resistance levels: 22400, 22615, 22775, 200 EMA
NSE:NIFTY
by finnova_
NIFTY prediction for tomorrow 5th March 25Nifty has been falling continuously for a month. If we look at the structure using price action. If we look at the chart now: The market is trading near the support zone. The market might take support at nearly 22,000 levels. Price is trading far away from the EMA, which shows the market is going to take some pullback to the upside. The market is going to be sideways for some time unless it breaks the Pink trendline to the upside. Support levels: 21840, 21250 Resistance levels: 22775, 23488, 50 EMA, 200 EMA If we look at the OI data: PCR = 0.8, which shows a slightly bullish structure in the market. The market has 22100 as max pain. The market has good PE writing at lower levels; 22000 and 21900 have very good PE writing, which will act as good support in this area. I am expecting The market is to be sideways unless it breaks the PINK trendline. Reason: RSI = 21 shows a bullish structure. (Weak Bearish -> Bulls might start buying, soon) Price < EMA(13, 50, 200), which indicates a good Bearish structure. (Bearish) PCR = 0.8 indicates a slightly bullish bias direction in the market. Price < VWAP shows a good Bearish structure in the market.   Verdict: Sideways Plan of action: follow the chart levels. You better go with the bound strategy.
NSE:NIFTY
by finnova_
NIFTY Intraday Trade Setup For 4 Mar 2025NIFTY Intraday Trade Setup For 4 Mar 2025 Bullish-Above 22270 Invalid-Below 22220 T- 22550+ Bearish-Below 22000 Invalid-Above 22050 T- 21660 NIFTY has closed on a flat note today, it was a 2 way move day. Index opened gap up and was sold into immediately till 22k. 22000 acted as an intraday support. 21600 zone will be a strong support zone as per 2.0 PRZ in daily and weekly TF. As of now we have been following sell on rise as index is continuously closing below PDH and is below 50 EMA in daily TF. 22270 and 22000 are intraday levels for tomorrow. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 22270 then we will long for the target of 22550+. For selling we need a 15 Min candle close below 22000. T- 21660. 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
Nifty at a 1000-Day Trendline Support - Finally we are here !!Nifty is currently testing a confluence of two long-term trendlines – one from the monthly timeframe (blue line) and another from the weekly timeframe (yellow line). This 1000-day trendline cluster is a major reactive support zone, making this a make-or-break level for the index. 🔍 Key Observations: ✔️ The blue trendline represents a long-term uptrend, making it a crucial level for institutional traders. ✔️ The yellow trendline, which has also acted as a dynamic support, adds strength to this zone. ✔️ A breakdown below this cluster could open doors for further downside ✔️ However, if Nifty holds this level, a strong rebound can be expected, potentially continuing its long-term bullish structure. 🚀 What’s Next? A weekly close below this zone could accelerate selling pressure. If buying emerges, this could be a great risk-reward trade for swing and positional traders. Price action confirmation is key before making any major trading decisions! 🔥 Will this historical support hold, or is a deeper correction coming? Drop your thoughts in the comments! 👇
NSE:NIFTYLong
by Averoy_Apoorv_Analysis
Nifty 50: Mission Dive 2… Are We Gearing Up for Another Dive? Attention, traders! The Nifty 50 Air Force successfully completed its deep dive operation, hitting all marked coordinates—23,056, 22,208, and even making an exact low of 22,004.70, just kissing 22,003 like a pilot executing a perfect touch-and-go landing! 🎯 But before the ground crew could celebrate, Nifty pulled up and is now hovering at 22,121. So, what’s next? Is this a refuelling stop, or are we just gaining altitude for another nosedive? 🛫 The Battle Plan: Nifty now faces enemy resistance at 22,413-22,455-22,670—a tough air defence zone. If it fails to break through, the flight path might take it towards deep bear territory at 21,287, 20,712, and, if things get really bumpy, 20,415. 🐻💥 🚨 Extreme Crucial Support Alert! Before hitting full panic mode, one crucial airbase at 21,287 could provide emergency support. If this level holds strong, we might witness a solid counterattack from the bulls, leading to a potential rebound. However, if the support collapses, it’s a freefall toward 20,712 & 20,415—the deep war zones! 🚨📉 Trader’s Mission Briefing: If Nifty breaches 22,670, it might try to regain lost altitude. 🚀 If it gets shot down at resistance, the descent mission resumes with 21,287 as the first landing strip. 🛬 Below 21,287, expect a sharp descent towards 20,712 and 20,415—time to brace for impact! 💣 Commanders, keep your trading parachutes (stop-losses) secured and eyes on the radar. The bears are still controlling the airspace, but 21,287 could be the last stronghold before bulls take a stand. This mission isn’t over yet! 🎖️ Over and out! 🛫⚡
NSE:NIFTYShort
by DhirajSinghBais
1
Nifty 50 Index 22124.70 by Daily Chart view: Different ViewpointNifty 50 Index 22124.70 by the Daily Chart view - Different Viewpoint A different point of view for the Nifty 50 Index Technical Chart Setup Analysis. This is solely and purely my personal perspective for the Bearish Head & Shoulders pattern's. I will be happy to welcome and get your fine line pointers for the improvement on the Technical Analysis for this Chart Setup. Thank you in advance to One and All. The 1st H&S Bottom is broken down and now need to look forward, if ..... Nifty 50 Index touches the 2nd H&S Bottom or takes an early reversal ..... Hope for the best to happen and keeping fingers crossed. God Bless All.
NSE:NIFTY
by PIYUSHCHAVDA
Nifty 50 inverted hammer is Reversal sign? key levels on chart!The Nifty 50 📉 closed flat with a slight negative bias after rangebound trading today. It continued its downward move for the sixth consecutive session but stayed above the 22,500 zone for another day. 📊 The formation of an Inverted Hammer candlestick 🔨, along with India VIX dropping below 14 📉 and RSI in the oversold zone 🛑, suggests a potential reversal in the coming sessions. Resistance is at 22,620 🚀, and key support is at 22,510, with 22,420 being the next critical level 🔑. Monthly 20 SMA 22,420 is critical level and strong key support if break below trendline. Opening at 22,516, the Nifty traded within the range of 22,625 and 22,514 before closing at 22,548, down 6 points. A small bullish candle with a long upper shadow formed, resembling the Inverted Hammer pattern 🔨, suggesting a potential rebound if confirmed in the next session 🕒. #Nifty #Intraday #Banknifty
NSE:NIFTY
by Monik7001
NIFTY Intraday Trade Setup For 26 Feb 2025NIFTY Intraday Trade Setup For 26 Feb 2025 Bullish-Above 22630 Invalid-Below 22580 T- 22810 Bearish-Below 22500 Invalid-Above 22550 T- 22295 NIFTY has closed on a flat note today but overall market was bearish as morning bounce was sold into and day ended near day low. We have been following sell on rise approach till index closes below 50 EMA in daily TF. Also any correction move in hourly TF will be indicated if index closes above PDH in daily TF. 22630 and 22500 are intraday levels for tomorrow's session. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 22630 then we will long for the target of 22800+. For selling we need a 15 Min candle close below 22500. T- 22290. 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
NIFTY Intraday Trade Setup For 24 Feb 2025NIFTY Intraday Trade Setup For 24 Feb 2025 Bullish-Above 22850 Invalid-Below 22800 T- 23050 Bearish-Below 22720 Invalid-Above 22770 T- 22390 NIFTY has closed on slight bearish note with 0.58% cut last week. Index has been trading below 50 EMA in daily TF since last few months. Till it is trading below 50 EMA, overall sentiment will be sell on rise. To check bullish reversal last swing high will be important for consideration. As of now 23850 is the last swing high. Since last 4 sessions index has been descending at 22720.. Breakdown can trigger a move towards 22390. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 22850 then we will long for the target of 23050. For selling we need a 15 Min candle close below 22720. T- 22390. 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
Nifty 50 spot 22795.90 by the Daily Chart viewNifty 50 spot 22795.90 by the Daily Chart view - Nifty 50 Index 22775 to 22950 Support Band is yet sustained - Long shot deep Support Zone seen at 22125 to 22350 which for now seems bit (un)likely by current technical chart status setup - Just a flag to highlight : Nifty Index had dipped up to 22720 in recent past few days and similar levels was Resistance Level in April 2024 for 23K Index target - Few of the Gap Ups and Gap Down openings, yet are remaining to get closed and filled in below the Old Long Shot Support Zone at 22125 to 22350 for Nifty Index levels
NSE:NIFTY
by PIYUSHCHAVDA
"Analyzing Nifty 50: Support, Resistance, and Trade Insights"Let's take a look at the Nifty 50 chart to analyze current support and resistance levels, and whether it's a good time to consider a bullish trade or if the market might drop further. Currently, the Nifty 50 is showing a downtrend, forming lower highs and lower lows. This suggests that the market is struggling. However, there is a bottom trend line that supports the index quite well. Despite this, recent heavy selling by Foreign Institutional Investors (FIIs) means we haven’t seen a clear reversal pattern yet. Right now, the market is consolidating near this trend line. For the Nifty to turn bullish, we would need to see a strong buying moment . We hope the index doesn’t fall below this trend line, but if it does, we could see a drop of several hundred points. At this point, it might be wise to hold off on making any trades until we have clearer confirmation of market direction. For those considering a bullish position, a sensible stop-loss would be below 22,700 . Please remember, this is for educational purposes only. Make sure to do your own analysis before making any trades and don't just follow someone else's advice blindly.
NSE:NIFTY
by ard-komercisto
1
Nifty laying traps... another one for sellers...Hello Traders! The market is constantly trapping sellers without moving to the downside. Right now, nothing in draw on liquidity is obvious. It, frankly, can go either ways . And what does it mean when we can frame both sides of market using ICT concepts? It means that we have LOW PROBABILITY conditions . I'm sitting on the sidelines until the market gains clarity, favouring buyside delivery. As long as the invalidation low of 22725 holds, my bias would remain bullish . Once that low is taken, I'm not interested in price and would wait for the market to provide more info. When it looks that it can go either ways, the market structure gets filthy and PRECISION leaves the chat. WAIT FOR MORE CLARITY . Or gamble . It's absolutely your choice . Have a safe trading day. GLGT.
NSE:NIFTY
by SatyajeetPSahai