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NIFTY

Nifty Intraday Support & Resistance Levels for 15.01.2025On Tuesday, as anticipated, Nifty opened gap-up, dipped to a low of 23,134.15, and rallied to a high of 23,264.95, narrowly missing the supply zone by 10 points. However, it retraced back to near its low and closed at 23,176.05, gaining 90 points over the previous close. The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) continues to be negative. Demand/Support Zones Near Demand/Support Zone (30m): 23,063.25 - 23,122.80 Far Demand/Support Zone (Daily): 21,791.95 - 22,910.15 Supply/Resistance Zones Near Minor Supply/Resistance Zone (15m): 23,275 - 23,340.95 Near Supply/Resistance Zone (30m): 23,396.85 - 23,454.65 Near Supply/Resistance Zone (Daily): 23,496.15 - 23,795.20 Outlook If the 30m demand zone holds firm, Nifty may attempt to reach 23,400 or even 23,500 in the upcoming sessions.
NSE:NIFTY
by PriteshPalan
Nifty Intraday Support & Resistance Levels for 14.01.2025On Monday, Nifty opened with a gap-down, reaching a high of 23,340.95 before sliding to a low of 23,047.25. It broke the crucial support levels at 23,263 (previous low) and 23,189 (61.8% FIBO). Nifty ended the day at 23,085.95, down 345 points from the previous close. The Weekly Trend (50 SMA) remains sideways, and the Daily Trend (50 SMA) continues to be negative. Demand/Support Zones Near Demand/Support Zone (Daily): 21,791.95 - 22,910.15 Supply/Resistance Zones Near Minor Supply/Resistance Zone (15m): 23,275 - 23,340.95 Near Supply/Resistance Zone (30m): 23,396.85 - 23,454.65 Far Supply/Resistance Zone (Daily): 23,496.15 - 23,795.20 Far Supply/Resistance Zone (75m): 23,645.05 - 23,726.85 Outlook Nifty appears oversold on lower timeframes (15m, 60m, 75m), and a potential bounce could occur if it sustains above the 23,000 level. Watch for signs of recovery around current levels, but resistance at higher levels might limit the upside in the near term.
NSE:NIFTY
by PriteshPalan
Nifty Intraday Support & Resistance Levels for 13.01.2025On Friday, Nifty opened flat to positive but experienced a highly volatile session. It initially rose to a high of 23,596 before dipping sharply to the day’s low of 23,344.35. A late-session recovery pushed it back to 23,596.60, but another drop near the day’s low followed, with Nifty closing at 23,431.50, down by 95 points. The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) stays negative, indicating caution. Demand/Support Zones Near Support Level: 23,263 (low of 21st November 2024) Far Support Level: 23,189.88 (61.8% FIBO retracement) Far Demand/Support Zone (Daily): 21,791.95 - 22,910.15 Supply/Resistance Zones Near Supply/Resistance Zone (75m): 23,645.05 - 23,726.85 Near Supply/Resistance Zone (15m): 23,966.95 - 24,054.30 (inside Daily Supply Zone) Near Supply/Resistance Zone (Daily): 23,976 - 24,196.45 Far Supply/Resistance Zone (Daily): 24,601.75 - 24,781.25 (inside Weekly Supply Zone) Far Supply/Resistance Zone (Weekly): 24,180.80 - 24,792.30 Outlook Nifty's price action suggests it may face strong resistance near 23,645 - 23,727 and critical support at 23,263. A decisive move beyond these levels could set the tone for the upcoming sessions.
NSE:NIFTY
by PriteshPalan
Smallcaps : The Real Pain is ComingNifty Smallcap 50 index hit an all-time high of 9500 last month. That euphoria is now fading. The index is forming multiple tops, a clear warning sign. Nifty has already broken down. Smallcaps and midcaps are next in line for deeper trouble. The entire market is sliding into chaos. But the real pain hasn’t started yet. Many investors talk about “ buying when there’s blood in the market. ” They haven’t seen what real blood looks like. That moment is approaching. Small investors and buy-and-hold believers need to brace for what’s coming. This isn’t the time for blind faith or wishful thinking. The market will test patience and capital like never before. Protect what you have, because the worst is yet to come.
NSE:NIFTYSMLCAP50Short
by breakout_ninja
Nifty Intraday Support & Resistance Levels for 10.01.2025On Thursday, Nifty opened flat to negative, briefly touched a high of 23,689.50, and then dropped sharply to 23,503.05, entering the 30-minute demand zone. It eventually closed at 23,526.50, losing 162 points over the previous close. While the Weekly Trend (50 SMA) remains sideways, the Daily Trend (50 SMA) has shifted to negative, signalling a growing bearish momentum. Demand/Support Zones Near Demand/Support Zone (30m): 23,496.15 - 23,559.20 (tested) Near Support Level: 23,263 (low of 21st November 2024) Far Support Level: 23,189.88 (61.8% FIBO retracement) Far Demand/Support Zone (Daily): 21,791.95 - 22,910.15 Supply/Resistance Zones Near Supply/Resistance Zone (15m): 23,966.95 - 24,054.30 Near Supply/Resistance Zone (15m): 24,164.90 - 24,210.30 Far Supply/Resistance Zone (Daily): 24,149.85 - 24,394.45 (tested) Far Supply/Resistance Zone (Weekly): 24,567.65 - 25,234.05 (tested) Outlook Nifty’s intraday action reflects increased selling pressure, with a dip into a minor demand zone. A breakdown below 23,496 could accelerate the bearish momentum.
NSE:NIFTY
by PriteshPalan
NIFTY Intraday Trade Setup For 9 Jan 2025NIFTY Intraday Trade Setup For 9 Jan 2025 Bullish- Above 23800 Invalid-Below 23750 T- 24055 Bearish-Below 23490 Invalid-Above 23540 T- 23250 NIFTY has closed on a flat note today. It gave a 2 way move in intraday. Sell trade did not go in favor, sl was hit. It has formed a Pinbar candle in daily TF. Above its high there can be a short covering move. However 23800 is key level in hourly TF. 23490 is rejection candle's low so below this there can be panic selling once again. Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 23800 then we will long for the target of 24055. For selling we need a 15 Min candle close below 23490. T- 23250. 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 Support & Resistance Levels for 07.01.2025On Monday, Nifty opened on a positive note, reaching a high of 24,089.95. However, intense selling pressure dominated the session, driving the index over 500 points lower to a low of 23,551.90, breaking all near-demand/support zones. It finally settled at 23,616.05, losing 388 points from the previous close. Both the Weekly and Daily Trends (50 SMA) remain sideways. Demand/Support Zones Near Support Level: 23,263 (low of 21st November 2024) Far Support Level: 23,189.88 (61.8% FIBO retracement) Far Demand/Support Zone (Daily): 21,791.95 - 22,910.15 Supply/Resistance Zones Near Supply/Resistance Zone (15m): 23,966.95 - 24,054.30 Near Supply/Resistance Zone (15m): 24,164.90 - 24,210.30 Far Supply/Resistance Zone (Daily): 24,149.85 - 24,394.45 (tested) Far Supply/Resistance Zone (Weekly): 24,567.65 - 25,234.05 (tested) Outlook As predicted in posts since October 2024, Nifty is gradually slipping into bear market territory, evident from the sharp 674-point decline since touching the Daily Supply Zone on 2nd January. The current sentiment remains weak, with support levels being tested. Watch for 23,100 - 23,300 as a critical zone to hold and monitor for selling pressure near 23,900 - 24,400.
NSE:NIFTY
by PriteshPalan
NIFTY Intraday Trade Setup For 6 Jan 2025NIFTY Intraday Trade Setup For 6 Jan 2025 Bullish- Above 24230 Invalid-Below 24180 T- 24500 Bearish-Below 23900 Invalid-Above 23950 T- 23650 NIFTY has closed on a slight bullish note last week but technically it is a neutral candle. In daily TF, 50 EMA is tested and got rejected. Now if index gives 50 EMA breakout then we will maintain buy on dips approach. 24250 is the last hourly swing high, an important level for bullish reversal.23200 is major weekly level, breakdown will lead to a short term crash. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 24230 then we will long for the target of 24500+. For selling we need a 15 Min candle close below 23900. T- 23650. 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 Support & Resistance Levels for 06.01.2025On Friday, Nifty opened flat and experienced a volatile session. It made a high of 24,196.45 but faced selling pressure from the daily supply zone, causing a drop to a low of 23,976. It closed at 24,004.75, losing 184 points compared to the previous close. Both the Weekly Trend and Daily Trend (50 SMA) remain sideways. Demand/Support Zones Near Demand/Support Zone (30m): 23,916.70 - 23,974.15 Near Demand/Support Zone (125m): 23,678.35 - 23,822.80 Far Support Level: 23,263 (low of 21st November 2024) Far Support Level: 23,189.88 (61.8% FIBO retracement) Far Demand/Support Zone (Daily): 21,791.95 - 22,910.15 Supply/Resistance Zones Near Supply/Resistance Zone (15m): 24,164.90 - 24,210.30 Near Supply/Resistance Zone (Daily): 24,149.85 - 24,394.45 (tested) Far Supply/Resistance Zone (Weekly): 24,567.65 - 25,234.05 (tested)
NSE:NIFTY
by PriteshPalan
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.
NSE:NIFTY
by TraderRahulPal
Nifty Trading Strategy for 3rd January 2025Nifty Trading Strategy Key Levels: Buy Above: The high of the 15-minute candle that closes above 24,235 Sell Below: The low of the 1-hour candle that closes below 24,035 Targets: Upside Targets: 24,275, 24,318, 24,352 Downside Targets: 24,980, 24,945, 24,900 Strategy Details: Buy Signal: Enter a buy position above the high of the 15-minute candle that closes above 24,235, aiming for targets of 24,275, 24,318, and 24,352. Sell Signal: Enter a sell position below the low of the 1-hour candle that closes below 24,035, aiming for targets of 24,980, 24,945, and 24,900. Trailing Stop-Loss: Use a trailing stop-loss to manage risk and protect your capital. Book Profits: Regularly book profits at the specified resistance and support levels. Disclaimer: I am not SEBI registered. This strategy is based on historical data and technical analysis. Past performance is not indicative of future results. Trading involves risk, and you should only invest money that you can afford to lose. Always conduct your own research or consult with a financial advisor before making any trading decisions.
NSE:NIFTY
by ramkkyy
Nifty Intraday Support & Resistance Levels for 03.01.2025On Thursday, Nifty opened gap-up, found support at 23,751.55, and rallied impressively to a high of 24,226.70, entering the Daily Supply Zone. It closed strong at 24,188.65, gaining a substantial 445 points over the previous close. The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) has shifted from negative to sideways. Demand/Support Zones Near Demand/Support Zone (30m): 23,916.70 - 23,974.15 Near Demand/Support Zone (125m): 23,678.35 - 23,822.80 Far Support Level: 23,263 (low of 21st November 2024) Far Support Level: 23,189.88 (61.8% FIBO retracement) Far Demand/Support Zone (Daily): 21,791.95 - 22,910.15 Supply/Resistance Zones Near Supply/Resistance Zone (Daily): 24,149.85 - 24,394.45 (current price inside this zone) Near Supply/Resistance Zone (Weekly): 24,567.65 - 25,234.05 (tested)
NSE:NIFTY
by PriteshPalan