Get started

Nifty50

NIFTY 50: A Tug-of-War Between Bulls and BearsNIFTY 50 index is consolidating after a sharp decline, trading within a narrow range. While the overall trend leans bearish, there’s potential for a breakout on either side depending on market momentum. What’s Happening? Resistance Zones: 23,752-23,800: This is a strong supply zone, marked by repeated rejections. Bulls need to push through this level to spark any meaningful recovery. 23,953: A major resistance level, signaling the upper cap for a bullish breakout if momentum strengthens. Support Levels: 23,616-23,560: This is the immediate support area. A break below could accelerate the downside momentum. 23,413-23,225: A critical demand zone if the index fails to hold above 23,560. Buyers are expected to step in here for relief. Current Setup: The index is oscillating between 23,616 and 23,752, forming a sideways range. This reflects market indecision as traders wait for a clear direction. How to Trade This: If you’re bullish: Look for a breakout above 23,752 with strong volume. If successful, the next target could be 23,953. Be cautious near 23,800, as sellers might re-enter. If you’re bearish: Watch for a breakdown below 23,616. A move lower could lead to a drop toward 23,413 or even 23,225. Use caution if the price approaches the support zone, as buyers may react. Bottom Line: The market is in a wait-and-watch phase, with key levels acting as decision points. The area between 23,560 and 23,752 will dictate the next move. Stay alert for a breakout or breakdown and plan your trades accordingly. NSE:NIFTY What’s your view on NIFTY? Share your thoughts and levels in the comments! 🚀📉 Only for educational purposes. This content is not a recommendation to buy and sell. Not SEBI REGISTRAR.
NSE:NIFTY
by thetradeforecast
1
NIFTY Intraday Trade Setup For 8 Jan 2025NIFTY Intraday Trade Setup For 8 Jan 2025 Bullish-Above 23800 Invalid-Below 23750 T- 24055 Bearish-Below 23550 Invalid-Above 23600 T- 23300 NIFTY has closed on a slight bullish note with 0.39% gain today, majorly contributed through gap up opening. It was just at 23700 zone. Tomorrow index may slide again below 23600 as index is in good bearish grip. However free fall scenario possible below 23550. In case 23800 is taken out in the higher side then it can test 24k once again. Coming to Wednesday'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 23550. T- 23300 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
This is HOW and WHAT the Institutions BUYTriveni Turbine Limited is a leading manufacturer of industrial steam turbines. With over five decades of experience, they design, manufacture, and deliver advanced technology steam turbines up to 100 Megawatt Electric (MWe). Their products are used across various industries, including power generation, petrochemicals, and more. Here are some key points about Triveni Turbine: Global Presence: They have a presence in over 80 countries. Comprehensive Solutions: They offer engineered-to-order solutions, including refurbishment services through their Triveni REFURB program. High-Tech Precision: Their turbines are known for high-tech precision and efficiency. Diverse Applications: Their steam turbines cater to a wide range of pressure and flow applications. Look in to the charts for my levels.
NSE:TRITURBINELong
by deep1998sukh
One of my charming champions WELCORP.Welspun Corp Limited is a leading manufacturer of large-diameter pipes globally. They produce a variety of products including BIS-certified Steel Billets, TMT (Thermo-Mechanically Treated) Rebars, Ductile Iron (DI) Pipes, Stainless Steel Pipes, and Tubes & Bars. WCL has a strong global presence with manufacturing facilities in India, the United States, and Saudi Arabia. They are committed to ESG (Environmental, Social, and Governance) goals and are continuously expanding their product offerings to cater to both B2B and B2C markets. I am entering again at 749 (GTT already placed today) for the target of 856 and with a stop loss at 721.
NSE:WELCORPLong
by deep1998sukh
Nifty 50: Key Levels to Watch for Breakout or BreakdownHey Traders, Let’s talk about Nifty 50—it’s shaping up to be an interesting day on the charts. The index is moving in a tight range, and the key levels are now crystal clear. Whether you're a buyer or a seller, the next move could be the game-changer. Here’s what I see: For Buyers: Entry Point: Above 23,776 Stop Loss: 23,706 1st Target: 23,898 2nd Target: 24,014 For Sellers: Entry Point: Below 23,653 Stop Loss: 23,706 1st Target: 23,571 2nd Target: 23,460 Key Observations: The zone between 23,706 and 23,776 is critical, acting as a battleground between bulls and bears. Watch for volume spikes at breakout or breakdown levels to confirm the move's strength. Avoid premature entries and let the market show its hand before acting. Final Thoughts: These levels are based on technical analysis, but the market can be unpredictable. Stick to your plan, manage your risks, and remember: your capital is your top priority. Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. If you found this analysis insightful, don’t forget to hit like and follow for more such content! For related trading ideas and educational posts, check out our profile @TraderRahulPal Let’s learn and grow together!
NSE:NIFTY
by TraderRahulPal
Nifty 50 Analysis: Key Levels and Trends for January 2025The Nifty 50 Index has experienced notable downward momentum recently, currently trading at 23,581, marking a 1.77% decline. Here’s a breakdown of the technical outlook: Channel Trends Descending Channel: The index is trading within a downward sloping channel (blue). It has respected both the upper and lower trendlines, suggesting the bearish trend remains intact for now. Broader Structure: The yellow trendlines highlight the long-term rising channel. Nifty remains well above the lower support of this broader channel, indicating a potential cushion if the selloff deepens. Key Fibonacci Levels The Fibonacci retracement and extensions indicate critical zones: 1.618 Level: 23,112, acting as immediate support. 3.618 Extension: 22,444, a deeper bearish target in case of further selloff. Support and Resistance Immediate Resistance: 24,791 (upper channel boundary). Critical Supports: 23,112 (1.618 extension). 22,444 (long-term support). Volume Analysis Significant volume spikes are observed during major selloffs, suggesting heightened institutional activity. A continuation of higher volume at lower prices may signal capitulation or accumulation. Outlook Bearish Continuation: As long as Nifty trades within the descending channel, expect further downside with supports at 23,112 and 22,444. Bullish Recovery: A breakout above 24,791 may signal a reversal, leading to potential upside targets near 26,000.
NSE:NIFTYShort
by ayusharya_001
Nifty 50: Key Levels to Watch for Tomorrow’s Trading SessionNifty 50 Index Analysis Timeframe: 15-Minute Chart Current Price: ₹23,990.15 Key Levels to Watch: Resistance Zone: Immediate resistance at ₹24,046. Targets are ₹24,148 (1st Target), ₹24,208 (2nd Target), and ₹24,309 (3rd Target). Support Zone: Immediate support at ₹23,927. A break below this level could lead to ₹23,788. Bullish Scenario: Buy above ₹24,046 with potential targets of ₹24,148, ₹24,208, and ₹24,309. The trendline and support zone near ₹23,927 provide a solid base for bullish momentum. Bearish Scenario: Sell below ₹23,927, targeting ₹23,788. A breakdown below the support zone and trendline could trigger bearish momentum. Indicators: RSI is showing weakness near 38, indicating a need for caution in the short term. MACD has a bearish crossover, signaling possible downside unless momentum strengthens. Conclusion: Watch for a breakout above ₹24,046 for bullish opportunities. Stay cautious below ₹23,927 as it may lead to further downside. Always plan trades with proper stop-losses to manage risk effectively. Disclaimer: - Please always do your own analysis or consult with your financial advisor before taking any kind of trades. If you found this analysis insightful, don’t forget to hit like and follow for more such content! For related trading ideas and educational posts, check out our profile @TraderRahulPal Let’s learn and grow together!
NSE:NIFTY
by TraderRahulPal
4
Chart Analysis for Bajaj Finserv Ltd. (Weekly Timeframe)The stock is forming a bullish triangle pattern, a classic continuation pattern signaling potential upside. The price is respecting the ascending trendline, showing strong support near ₹1,700 levels, while the upper resistance line has been tested multiple times. This signifies increasing buyer strength. Key Levels to Watch: • Support: ₹1,698 • Resistance (Breakout Level): ₹2,050 • Target Price (Post Breakout): ₹2,336 (derived from the triangle’s height projection). • Stop Loss: ₹1,515 (below the trendline support). Short-Term Long Trade Setup • Entry: Around ₹1,700, once the price shows bullish confirmation (e.g., reversal candlestick patterns or high volume). • Target: ₹2,050 (short-term) and ₹2,336 (medium-term). • Stop Loss: ₹1,515 to manage risk effectively. Market Sentiment: The stock shows a bullish structure, supported by prior consolidation and breakout potential. Patience is key for confirming a breakout above ₹2,050 before expecting the measured move towards ₹2,336. DISCLAIMER- Please do your own research before investing in the market. This is for educational purposes only
NSE:BAJAJFINSVLong
by Trade_lyst
4
Berger Paints Bounces Back – Targets Within ReachHello everyone, i hope you all will be doing good in your life and your trading as well, Today i have brought very strong fundamentaly strong stock which is reversing from important support zone, Stock name is Berger paints and it is known for its wide range of decorative and industrial paints. Over the years, it has built a strong reputation for innovation, quality, and a robust distribution network. With increasing demand for premium and eco-friendly products, Berger is well-positioned for long-term growth. Let's discuss Technical and Fundamentals about this Gem stock: Technical Overview:- Berger Paints is sitting at a strong support zone around ₹425-450, a level that has consistently held during market corrections. It’s showing signs of recovery with the formation of a Morning Star pattern on the weekly chart—a bullish reversal signal. The immediate resistance lies around ₹500-550, with a medium-term target of ₹630+, where multiple resistances have been tested in the past. Fundamental Insights:- Solid Growth Story: Berger has consistently grown its revenues, thanks to strong demand in decorative paints and its expanding presence in rural and urban markets. Resilient Margins: Even with rising input costs, Berger has maintained steady profit margins, reflecting its operational strength and pricing power. Future Prospects: With urbanization on the rise and increasing preferences for high-quality paints, Berger is set to benefit from long-term industry trends. Market Cap ₹ 53,465 Cr. Current Price ₹ 459 High / Low ₹ 630 / 438 Stock P/E 46.6 Book Value ₹ 48.0 Dividend Yield 0.78 % ROCE 27.5 % ROE 23.5 % Face Value ₹ 1.00 Industry PE 46.6 Debt ₹ 797 Cr. EPS ₹ 9.82 Promoter holding 75.0 % Intrinsic Value ₹ 129 Return over 5years 1.09 % Debt to equity 0.14 Net profit ₹ 1,147 Cr. 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:BERGEPAINTLong
by TraderRahulPal
LAURUS LAB By KRS ChartsDate: 21st Aug 2024 Time: 9:32 AM Why Laurus Lab? 1. Correction Wave was finished with 5th wave low in Mar 2023, after that it gradually moving up and made upside channeling. 2. Currently price is sustaining above 100 EMA and likely to reversed from that too. 🤞 3. why I'm keen to post L Lab is because along with both above points its likely to close and try to be making Morning Star at bottom in 1W TF. Lauras Lab is at better price at this level with Future Targets of 525 and 605. SL would be flexible Weekly Closing Below 100EMA Once Morning Star Closing will confirm at end of this week this trade will Activated 🎇
NSE:LAURUSLABSLong
by KRSCharts
2
Nifty Trading Strategy for 30th December 2024Nifty Trading Strategy Key Levels: Buy Above: The high of the 15-minute candle that closes above 23,940 Sell Below: The low of the 1-hour candle that closes below 23,750 Targets: Upside Targets: 23,979, 24,022, 24,080 Downside Targets: 23,727, 23,684, 23,630 Strategy Details: Buy Signal: Enter a buy position above the high of the 15-minute candle that closes above 23,940, aiming for targets of 23,979, 24,022, and 24,080. Sell Signal: Enter a sell position below the low of the 1-hour candle that closes below 23,750, aiming for targets of 23,727, 23,684, and 23,630. 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 to Kick-Start the Year with a Pause!● A detailed examination of the daily chart reveals the emergence of an Inverted Cup and Handle pattern, suggesting a bearish outlook. ● However, the index is currently hovering above the critical support level of 23,500, while attempting to establish a foothold above the 200-period EMA, a key dynamic support. ● Furthermore, options data indicates a significant concentration of put writers at the 23,500 strike price, lending additional credence to the support zone. ● Given these technical and sentimental factors, we expect the index to remain in a consolidative phase over the next month, as market participants await a clear catalyst for direction.
NSE:NIFTY
by GoodluckCapital
Unlocking the Secrets of Divergence in Trading- A Complete GuideMastering Divergence: Real-Life Examples of Bullish and Bearish Divergence in UPL Ltd and Tata Motors Divergence is an incredibly powerful tool in technical analysis that helps traders spot potential trend reversals. By comparing price action with momentum indicators like RSI, you can catch subtle signs of market shifts and make more informed trading decisions. In this post, I’m sharing two real-life examples of bullish and bearish divergence to help you understand how this works and how you can use it to improve your trading. 1. Bullish Divergence Example: UPL Ltd Here’s what happened: Price Action: UPL Ltd made a lower low on the chart. RSI Indicator: At the same time, RSI formed a higher low, creating a clear bullish divergence. What does it mean? Even though the price was dropping, the RSI hinted that momentum was picking up. This is often a clue that a reversal might be on the horizon. Outcome: Right after confirming the divergence, UPL Ltd saw a strong rally, rewarding traders who caught the signal early. 2. Bearish Divergence Example: Tata Motors Here’s another case: Price Action: Tata Motors was climbing, forming a higher high on the chart. RSI Indicator: But the RSI didn’t agree—it created a lower high, signaling a bearish divergence. What does it mean? The rising price didn’t have the momentum to back it up. This imbalance often leads to a downward reversal. Outcome: As expected, Tata Motors experienced a bearish reversal soon after, validating the divergence and giving traders a great shorting opportunity. Why Divergence Is a Must-Know for Traders Divergence is so effective because it reveals hidden shifts in market momentum before they show up on price charts. Here’s why it’s worth paying attention to: Early Signals: Divergences give you a head start by showing potential reversals before they happen. Versatile Tool: You can use divergence with multiple indicators like MACD or Stochastic for extra confirmation. Better Timing: Pairing divergence with support/resistance levels or trendlines helps you fine-tune your entries and exits. How to Trade Divergence Like a Pro Combine divergence signals with major support/resistance levels for stronger setups. Always wait for confirmation—like a breakout or a reversal candlestick—before taking action Use stop losses to protect your trades in case the divergence doesn’t play out. Visual Examples on the Charts Take a look at the attached chart showing UPL Ltd (Bullish Divergence) and Tata Motors (Bearish Divergence) side by side. UPL Ltd: The price made a lower low, but RSI made a higher low, leading to a strong bullish rally. Tata Motors: The price formed a higher high, but RSI made a lower high, resulting in a bearish reversal. Your Turn! Have you spotted any divergences in stocks you’re tracking? Let me know in the comments! If you found this helpful, don’t forget to like and follow for more educational trading content.
NSE:TATAMOTORSEducation
by TraderRahulPal
8