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Nifty50

NIFTY Intraday Trade Setup For 21 Mar 2024NIFTY Intraday Trade Setup For 21 Mar 2024 Bullish-Above 21950 Invalid-Below 21900 T- 22165 Bearish-Below 21700 Invalid-Above 21750 T- 21480 21285 NIFTY has closed on a flat note with minor gain of 0.1% today. It has formed a doji candle in daily TF just after closing below 50 EMA yesterday. In order to follow the recent bearish trend established index has to take down 21700 again. One fine bearish move can be seen below today's low. It was a volatile session today as sell triggered and gave 80 points in favor then reversed sharply. Since it is a doji candle above its high bulls will try to regain 50 EMA in daily TF. Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 21950 then we will long for the target of 21965. For selling we need a 15 Min candle close below 21700. T- 21480 and 21285. 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 20 Mar 2024NIFTY Intraday Trade Setup For 20 Mar 2024 Bullish-Above 22000 Invalid-Below 21950 T- 22200 Bearish-Below 21780 Invalid-Above 21830 T- 21580 21350 NIFTY finally gave breakout of the channel pattern daily TF and closed today with 1% cut today. Our short trade is now active below 21900, this level was discussed multiple times in the recent days back. Now index is ready for a good downside move. We will drop bearish view once it regains 50 EMA in daily TF. Tomorrow 21985 zone will be an intraday resistance if tested. On a flat opening below today's low there will be a good downmove. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 22000 then we will long for the target of 22200. For selling we need a 15 Min candle close below 21780. T- 21580 and 21350. 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 Prediction Levels for 18 March 2024The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price. These are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone or break down and close below the Support zone. These levels act as support and resistance. You have to trade according to level breakout or breakdown. To buy or sell you can follow Buy/Sell Indication given by indicator or you can follow cloud also. If you are a new trader then just watch (No Trade) these levels for some days. Happy trading. Disclaimer: I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult with your Financial Advisor before taking any decision or trade.
NSE:NIFTY
by suraranjanganguli
NIFTY Intraday Trade Setup For 19 Mar 2024NIFTY Intraday Trade Setup For 19 Mar 2024 Bullish-Above 22130 Invalid-Below 22080 T- 22345 22550 Bearish-Below 21900 Invalid-Above 21950 T- 21634 21400 NIFTY has almost on a flat note with minor gain of 0.14% gain today. Its been 3 consecutive day where it closed inside 13 Mar candle's range. Hourly swings are very important at this point, 22210 and 21900 are levels to watch for breakout. However index has formed inside candles after a decent red candle so below 21900 a fast momentum will be triggered in the downside which will be the breakout of the channel pattern in daily TF. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 21130 then we will long for the target of 22345 and 22550. For selling we need a 15 Min candle close below 21900. T- 21634 and 21400. 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
FinNifty intraday levels for weekly expiry 19/03/24.Today the markets where volatile in the first half and has consolidating in the second. Finnifty remained in a small range between 20610-680 after a good bullish candle aand closed almost flat on the daily charts. For last three trading sessions, market has been forming doji and are highly volatile. It is hitting the Stop losses and moving the direction afterwards. If there is a gap up opening above 20700, there will be a break out of the rejection levels and both the moving averages will also be cleared. It has not giving any good trending move in last expiries and chance of a trend move in this expiry can be seen. Major support levels :- 20600, 20470 The market is giving target or SL in a single candle and reversing after it. On the upside it can face rejection as there is a downtrend formation on the hourly charts. Resistance levels :- 20700, 20785, 20850 In case of a gap down opening, there will be confusion and trading in a volatile market will fetch losses. Wait for the price action near the levels before entering the market.
NSE:CNXFINANCE
by Mambotrade
Nifty analysis for 18th March 2024Looks like Nifty is making a double-bottom pattern. if it completes the pattern and crosses above 22250, it may go higher. If it breaks the support of 21850, it may go to the downside. Disclaimer: All information provided here is for educational purposes and not a recommendation, advice, research report, or stock tip of any nature. Analysis Posted here is just our view/personal study method on the stocks, commodities or other instruments and assets.
NSE:NIFTY
by sudeeptalayek
NIFTY Intraday Trade Setup For 18 Mar 2024NIFTY Intraday Trade Setup For 18 Mar 2024 Bullish-Above 22130 Invalid-Below 22080 T- 22345 22550 Bearish-Below 21900 Invalid-Above 21950 T- 21634 21400 NIFTY has closed on a bearish note on a bearish note with 2% cut last week. It has got rejected from from 2.618 PRZ in weekly TF which was pretty obvious. Below 21850 we will get a breakout of channel in daily TF. After a bold bearish candle on 13 Mar the next two consecutive candles were inside candles. which is a sign of compression before a big/parabolic move. Below 21900 downside move will be triggered which will be confirmed below 21850 EOD. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 22130 then we will long for the target of 22345 and 22550. For selling we need a 15 Min candle close below 21900. T- 21634 and 21400. 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
Levels and zones for NIFTY 18-03-2024 ONWARDSNSE:NIFTY 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between zones. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:NIFTY
by Trading_hawk
NIFTY 50 (BULLs VS BEARs) Date - 13th March 2024 Time - 10:05 AM After seeing today's move of gap up opening and then filled the gap again. FIXED RANGE VOLUME PROFILE 1. This Volume indicator is more useful than ordinary horizontal and time base volume indicator. 2. Its Flexible to use and you can put wherever you want to identify at that particular time who are the dominators (BULLS OR BEARS), who made that particular move in market. 3. As we can see in chart, I have put 2 Fixed range volume tools for 2 different times, in that Red Lines come out it is showing POC (Point of Control) for that selected range. 4. If Current price is below POC line than we can say Bears are in Dominance , as per current situation in Nifty 50. 5. If Price roaming above POC line means Bulls are in all over Dominance so far. So, after using this tool we can identify within dark volume range (shown in chart) sluggish movement expected and Until Price won't break POC line and High-volume range either side strong and rational move should not expected. Lower the volume at any particular price faster the movement we can expect.
NSE:NIFTYEducation
by KRSCharts
NIFTY Intraday Trade Setup For 15 Mar 2024NIFTY Intraday Trade Setup For 15 Mar 2024 Bullish-Above 22210 Invalid-Below 22160 T- 22450 22670 Bearish-Below 22080 Invalid-Above 22130 T- 21840 21600 NIFTY has closed on a bullish note with 0.68% gain today. It gave expected 50% retracement of the fall seen on 13 Mar. Now once again we can expect downside continuation. Key level is 21900 for the continuation of bearish impulse. 22080 is the last swing low so below that we will get a early/internal bearish price structure. Best trade will be in sell side. However if market trades above 22210 then we will see 22450 in intraday. Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 22210 then we will long for the target of 22450 and 22670, For selling we need a 15 Min candle close below 22080. T- 21840 and 21600. 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
Banknifty weekly analysis for 11/03/24.After 3 days holiday markets will open tomorrow. Banknifty has been halting around the higher levels and constantly facing rejection around 48k levels. On the weekly charts, there is a bullish move in the market and seems to continue as nifty is around the highs but banknifty is still lagging behind it. An inside candle has been formed on the daily charts and near the high. If there is a break out new highs can be tested this week for banknifty. Else it may come to test the lower levels. Major support levels :- 47520, 47260 Resistance :- 48150, 48260, 48400 Buying there on every dip and resistances above are weak. Bullish move is expected as the charts indicate. If there is a gap down opening, it would be wise to avoid trading for intraday as there will confusion in the markets. Wait for the price action near the levels before entering the market.
NSE:BANKNIFTY
by Mambotrade
Nifty intraday levels for weekly expiry 14/03/24. Nifty has given a break down of the parallel channel and has closed below the 22k levels after a gap up opening. Even 20 ema, on the daily chart, is breached and closing is much below it. Today, not the index even the stock has given bearish move. There were chance of a retest but from the morning nifty was in a bearish mood. It can given another red candle as there is a bearish divergence in RSI and volume are high. Either it will retest the break down channel or consolidate after a gap up or flat opening. Major support levels :- 21920, 21770, 21580 If there is a gap down opening, there can be another selling leg from the morning. Resistance levels :- 22110, 22250 Tomorrow is weekly expiry for nifty and can be another trending day for it. Wait for the price action near the levels before entering the market.
NSE:NIFTY
by Mambotrade
NIFTY Intraday Trade Setup For 14 Mar 2024NIFTY Intraday Trade Setup For 14 Mar 2024 Sell_1- From 22250 Invalid-Above 22300 T- 22050 21900 Sell_2- Below 21900 Invalid-Above 21950 T- 21689 21487 NIFTY has closed on a bold bearish note with 1.51% cut today. It was a good trendy day. Sell triggered below 22250 and hit both mentioned targets till 21910. Yesterday we discussed that index is in distribution phase and breakout of the parallel channel will trigger intraday momentum and will spike VIX. Trader's healthy environment is when VIX is above 15-16. Tomorrow 22250 will be an intraday CIP resistance and half bat PRZ. Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes below 21900 then we will short for the target of 21689 and 21487. 2nd short will be planned from 22250. T- 22050 21900. 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
M_MFIN | Positional Trade📊 DETAILS Sector: Finance - NBFC Mkt Cap: 36,929 cr Mahindra & Mahindra Financial Services Limited (MMFSL), a part of the Mahindra Group,is a NBFC primarily engaged in the business of financing purchase of new and pre-owned auto and utility vehicles, tractors, cars, commercial vehicles, construction equipment and SME Financing. TTM PE : 18.98 (Average PE) Sector PE : 31.26 Beta : 1.30 📚 INSIGHTS Mid-range performer Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest. Outperformer - Mahindra & Mahindra Financial Services up by 5.31% v/s NIFTY 50 up by 1.01% in last 1 month 📈 FINANCIALS Piotroski Score of 3/9 indicates Weak Financials Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. 🔍 More Analysis & Trade Setups 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
NSE:M_MFINLong
by Munish_Jain
13 Mar ’24 — Nifty breaks 2 support, goes bearish todayNifty Analysis - Stance Bearish⬇️ Recap from yesterday: “One thing is sure, the sudden price moves we are seeing right now are quite indicative of a massive shift in fundamentals. Technical Analysis cannot detect the directional impact this early, but it would be prudent to keep an eye out for any possible clues.” 4mts chart We got some action today on Nifty but not on BankNifty. Nifty broke 2 support levels namely 22295 and 22051 and pulled back from the 3rd support @ 21913. Whereas BankNifty did not break down. Can you believe that Nifty closed with a loss of 338 points whereas BankNifty closed only 301 points lower? Our stance on Nifty goes from Bullish to Bearish directly whereas for BankNifty we are still maintaining the neutral stance. The concept of support and resistance is so evident today, see the 3 encircled regions, the first one around the 22295 levels, 2nd one at the 22051 level, and then the 3rd one at 21913. The only time Nifty took a pause was at these marked zones. Today’s fall aligned with the news about the possible “froth” in the mid and small caps. If the BTFD people would be kind enough to pass on this opportunity, we could have a meaningful correction on our indices. In the long run, a correction is better and healthier. Tomorrow is expiry, and we hope Nifty re-enters the 21913 to 21491 neutral band. This is the same flat zone that held nifty from 15th Dec 2023 to 15th Feb 2024. I wouldn't really mind spending another month in this zone. The challenge would be the aspect of momentum. Both of us know the market is shorted by weak hands, strong hands could enter this space and push down 800 to 1000 points in a week, if that happens Nifty could even fall below 21491 opening up avenues for further outflows. Coming back to the “froth” aspect of the market, the first to fall will be the small and midcaps, but those moves are contagious. Large caps will be the last to fall and last to recover. 63mts chart
NSE:NIFTYShort
by viswaram