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NIFTY Intraday Trade Setup For 11 Jan 2024NIFTY Intraday Trade Setup For 11 Jan 2024 Bullish-Above 21645 Invalid-Below 21595 T- 21765 21855 Bearish-Below 21440 Invalid-Above 21490 T- 21300 21150 NIFTY has closed on a slight bullish note with 0.34% today. It was another range trading between 21500 and 21850. However it tried to break the range lower but bounced back in the very next candle which hit our sl. Now slight change to our hourly zone, 21850 and 21450 is the zone. Breakout of this zone will give us a directional move. It is consolidating after a big run which is pretty obvious as per market phases. Tomorrow 21650 and 21450 are intraday levels. Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 21645 then we will long for the target of 21765 and 21855. For selling we need a 15 Min candle close below 21440. T- 21300 and 21150. 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
10 Jan ’24 — 163pts pullback from a wedge - Nifty50 goes neutralNifty Analysis - Stance Neutral ➡️ Recap from yesterday “Interesting price action formed at the current levels. Seems like where we are right now is a crucial support/resistance zone that could decide the next trend. Our call of bearishness will continue until N50 can break through the channel top line.” 4mts chart link Even without breaking the upper trend line, we had to change the stance from bearish to neutral today. The ball was in bear’s court today and they did not score. A small falling wedge pattern created a short squeeze that took N50 161pts ~ 0.75% higher. Credits to RELIANCE that contributed to ~ 40pts today. Momentum is everything in a trend, we will wait and watch how Nifty50 reacts to the expiry day tomorrow. 63mts chart link The last candle which is strongly is GREEN is standing out. Looks like the 21491 support is respected for now. If we fall below that tomorrow, we will not hesitate to switch back the stance to bearish. What the dominant animal is tomorrow - bear or bull is totally dependent on the opening 15mts.
NSE:NIFTY
by viswaram
RELIANCE | Investment Pick📊 DETAILS Sector: Oil Exploration and Production Mkt Cap: 1,581,655 cr Reliance was founded by Dhirubhai Ambani and is now promoted and managed by his elder son, Mukesh Dhirubhai Ambani. Ambani's family has about 50% shareholding in the conglomerate. TTM PE : 23.09 (Low PE) Sector PE : 29.20 Beta : 1.25 📚 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. 18.15% away from 52 week high Outperformer - Reliance Industries up by 0.82% v/s NIFTY 50 down by -1.11% in last 1 month 📈 FINANCIALS Piotroski Score of 6/9 indicates Average 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:RELIANCELong
by Munish_Jain
Nifty weekly expiry intraday levels for 11/01/24.Nifty is still holding on to the crucial support of 21500. There is volatility in the market and chances are it will remain in the area until is trades outside 21500-21800 range. Tomorrow is weekly expiry of the index and if the volatility remains the same avoid trading. Major support :- 21500, 21420, 21300 The last hour recovery is creating confusion whether down trend is confirmed or not. Bullish trades should only be entered once the ATH is taken out. Early entry can be created with a proper R:R ratio. Wait for the price action near the levels before entering the market.
NSE:NIFTY
by Mambotrade
SONACOMS | Swing Trade📊 DETAILS Sector: Auto Ancillaries - Castings/Forgings Mkt Cap: 34,069 cr Sona BLW Precision Forgings is an India-based automotive technology company. The company is engaged in designing, manufacturing and supplying engineered automotive systems and components such as differential assemblies, gears, conventional and micro-hybrid motors, BSG systems and EV Traction motors across all vehicle categories. The company develops mechanical and electrical hardware systems, components as well as base and application software solutions. TTM PE : 72.26 (Low PE) Sector PE : 49.28 Beta : 0.69 📚 INSIGHTS Strong Performer Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators 6.59% away from 52 week high Underperformer - Sona BLW Precision Forgings up by 2.34% v/s NIFTY 50 up by 8.2% in last 1 month 📈 FINANCIALS Piotroski Score of 6/9 indicates Average 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:SONACOMSLong
by Munish_Jain
NIFTY Intraday Trade Setup For 10 Jan 2023NIFTY Intraday Trade Setup For 10 Jan 2023 Bullish-Above 21725 Invalid-Below 21675 T- 21855 22015 Bearish-Below 21490 Invalid-Above 21540 T- 21625 21150 NIFTY has closed almost on a flat note with minor gain of 0.15% gain, all contributed via gap up. As per previous day analysis we planned a pullback short in case of a flat/gap up opening. Sell triggered @ 21660 and and made a low of 21595 which was 1:1, later it reversed and hit sl. Index is broadly trading in the range of 21850 and 21490 since last 3 sessions. One directional move will come on this 360 points range breakout. Tomorrow we will simply plan trade on today's range breakout. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 21725 then we will long for the target of 21855 and 22015. For selling we need a 15 min candle close below 21490. T- 21325 and 21150. 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
09 Jan ’24 — For a moment we thought the bearish had vanishedNifty Analysis - Stance Bearish ⬇️ Recap from yesterday: “The breach of the upper trend line of the ascending channel is quite visible in the higher time frame. Ideally, it is not a pure bearish signal as we are technically still in the bull market. We are changing the stance to bearish from neutral for the ultra-short-term only. If Nifty50 manages to crawl back up the top line — we will have to reverse the stance to neutral.” 4mts chart link Why did we really gap-up 144pts today? Was it because of the US markets which closed in strong green yesterday? Seriously we do not see any other reason and what it did was to scare the bears. The bears who had shorted 21500, 21600, and 21700 CE were on their toes today, shocked by the gap-up followed by a rising price action till 12.35. The real deal was to watch the top line of the channel - N50 did not have enough power to surpass it and the longer it stood there, it was easier for the bears to regain control. We then fell a whopping 205pts ~ 0.95%. Even though we did not close in the RED, the price action in the afternoon rhymed with yesterday's bearish call. 63mts chart link Interesting price action formed at the current levels. Seems like where we are right now is a crucial support/resistance zone that could decide the next trend. Our call of bearishness will continue until N50 can break through the channel top line.
NSE:NIFTYShort
by viswaram
FinNifty weekly expiry intraday levels for 09/01/24.FinNifty has closed 220 point lower before the expiry and it can remain in the bearish mood as the daily close just. It has been respecting a support line and is around the daily 20 ema. Major support levels :- 21230, 21175, 21000-50 Resistance :- 21380, 21450 RSI on the daily charts is showing a bearish divergence and there are chance of a trend expiry tomorrow. All the indices are moving in sychronously and after testing the new ATH it has not retraced. Wait for the break down of the support line and fromation of price action near the levels.
NSE:CNXFINANCE
by Mambotrade
Banknifty weekly expiry levels for 10/01/24.Banknifty has given fall in the second half and fell almost 700 points from the day high. Now the market has confirmed a bearish trend as it has been forming a lower low lower high formation. It is taking support from 200 hourly ema and closed 200 points lower. Tomorrow is weekly expiry and anything below 47150 will drag banknifty to test 46920 levels. Major support :- 47150, 4920 Resistance :- 47450, 47860 If there is a consolidation on the levels and gives a break down good points can be capture, else it can take a halt after a 2 days fall. Wait for the price action near the levels before entering the trade.
NSE:BANKNIFTY
by Mambotrade
Nifty weekly levels for intraday trading 08/01/24.Weekly candle is a doji and has closed near the previous candle close. Nifty is in a bull run. There will be some movement around the ATH of the market. It has closed just 20 points lower on the weekly charts. 61.8% fib levels is still around the daily close. The market has been consolidating and can continue to consolidate. Major upside resistance :-21820(ATH) Supports are ther in the market around :-21640, 21585 A downtrend will be confirmed only once the market starts closing below 21500 levels. The last hour candle is showing positive sentiment and trade only on price action with calculated risk.
NSE:NIFTY
by Mambotrade
Banknifty/Nifty analysis for 10th Jan 2024 for educational purpBanknifty/Nifty analysis for 10th Jan 2024 for educational purpose only This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered advisor. YOUR QUERY - Trading analysis for tomorrow Nifty price action analysis Nifty bank nifty analysis Nifty option chain analysis for tomorrow Monday bank nifty analysis Bank nifty daily analysis Nifty analysis for tomorrow Option trading daily analysis Bank nifty weekly analysis Bank nifty analysis for Monday Nifty prediction and bank nifty analysis Tomorrow market prediction Nifty open interest analysis tomorrow Nse option chain analysis Daily option chain analysis Nifty option chain analysis for tomorrow Option chain analysis Today option chain analysis Option chain analysis for tomorrow Nifty trader option chain analysis Today nifty option trading Nifty trader option chain analysis Today nifty opening prediction Nifty post market analysis Morning nifty prediction Bank nifty post market analysis @vijayanjum #nse #nsebse #Nifty #niftyfifty #bankniftytrading #nfitybank #niftypredictionfortomorrow #niftyoptions #NiftyBank #nifty50 #nifty500 #niftytomorrow #niftytoday #NiftyCE #bankniftyoptions #sensex #sensexindia #sensextoday #bankniftytips #bankniftyanalysis #bankniftytrading #bankniftyoptions #finnifty #bankniftystrategies #niftystrategies #bse#bseindia #bsesensex #nsenifty #nsebse #nseindia #STOCKMARKETEDUCATION #STOCKMARKETUPTODATE #STOCKMARKETTODAY #stockmarkets #tommorrowMarketPrediction #nfityoutlookfornextweek #bankniftyoutlookfornext week #bankniftyoutlookformonday #niftyforecast #bankniftyforecast #niftyshareprice #bankniftyshareprice #tommorrowniftyprediction #tommorrobankniftypredicton #niftytargettommrrow #bankniftytargettommrrow #bankniftylive #banknifty #bankniftyoptions #bankniftystrategies #bankniftyfuture #bankniftyoptionstrategy #bankniftycalls #bankniftyintraday #bankniftylivetrading #bankniftyweeklyexpiry #bankniftycrash #bankniftytomorrow #bankniftypredictions #bankniftychart #bankniftytips #bankniftypremium #bankniftyoptions #bankniftyfuture #bankniftytomorrowprediction #bankniftyoption #niftyweeklyexpiry #stockmarketinindia #derivatives #niftypredictions #niftytips #bank nifty analysis, #bank nifty prediction for tomorrow, #bank nifty analysis #bank nifty tomorrow, #nifty prediction for tomorrow, #nifty prediction, #nifty analysis, #banknifty tomorrow, #bank nifty tomorrow analysis, #nifty tomorrow, #bank nifty analysis for tomorrow, #nifty analysis for tomorrow, #stock market crash, #stock market latest news today, #bank nifty live, #live trading bank nifty, #nifty live trading, #live trading, #bank nifty live trading #OPTIONS #OPTION #optionbuying #optiontrader #optionselling #optiontrading #optionstrategey #optioncall #optionput #optionexpiry
NSE:BANKNIFTY
by vijayanjum
NIFTY Intraday Trade Setup For 09 Jan 2023NIFTY Intraday Trade Setup For 09 Jan 2023 Sell_1- From 21660 Invalid-Above 21710 T- 21550 21400 Sell_2- Below 21490 Invalid-Above 21540 T- 21325 21160 NIFTY has closed on a bearish note with 0.91% cut today. It was bearish since starting and ended the day at day low. Sell triggered below 21620 as per trade setup which hit our 1st target (21620-21493). Bearish stance will continue tomorrow below today's low. Major hourly support lies near 21280- 21300. Will look for bullish reversal from this zone in 5 Min TF. Incase this support is not held then we may test 21160 which is less probable. Incase it opens flat or gap up 21660 will be intraday resistance. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes below 21490 then we will short for the target of 21325 and 21159. 2nd sell can be considered from 21660. T- 21550 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
4
ZEEL | Investment Pick📊 DETAILS Sector: TV Broadcasting & Software Production Mkt Cap: 27,062 cr Zee Entertainment Enterprises is mainly in the following businesses: Broadcasting of Satellite Television Channels, Space Selling agent for other satellite television channels, and Sale of Media Content i.e. programs / film rights / feeds /music rights. TTM PE : -- Sector PE : 32.94 Beta : 0.95 📚 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. 3.68% away from 52 week high Underperformer - Zee Entertainment Enterprises up by 3.51% v/s NIFTY 50 up by 7.5% in last 1 month 📈 FINANCIALS Piotroski Score of 5/9 indicates Average 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:ZEELLong
by Munish_Jain
08 Jan ’24 — BankNifty breaks the 47539 support - stance bearishBankNifty Analysis - Stance Bearish ⬇️ The chart of BankNifty was more dramatic and powerful. The total swing range was 765pts ~ 1.59%. The support of 47539 was broken only at 14.31 and there was not much time left for the next leg of fall today. 4mts chart link What BankNifty and Nifty have done in January was to take out the stop loss twice. Last week we saw some strong fight back and they managed to get the stance changed from bearish to neutral. And today the tables have turned and the chart looks bearish. BankNifty has walked ahead of Nifty because it has already broken the ascending channel - so the break of support today should give it some more thrust. 63mts chart link The support is only broken on the lower TF, we ran out of time for further action today. This means that the forenoon session will be quite critical tomorrow. If the bears can hold the banks below the 47539 levels - we could see some action picking up. The options flow also indicated an immense short buildup for the CALLS - which may be indicating tiredness in the uptrend. Our stance for tomorrow is bearish.
NSE:BANKNIFTYShort
by viswaram
Banknifty weekly & intraday levels for 08/01/24.Inside candle is formed on the weekly charts and Banknifty has closed only 130 points lower. There is a doji week and daily candle. 47400 is a major support level on the daily close. If market starts closing below it there will be a M pattern formtaion and selling can happen. Currently, it has closed around 61.8% daily fib. Reversal or bearish trades for intraday can be initiated as per the price action around the level. Major bearish targets. :- 47810, 47560 Trailing SL should be taken in a bearish trades for holding as there can be chance of it being a winning trade. Resistance :- 48380-400, 48620 47810-48400 is a no trading zone for tomorrow, if the market takes a halt between the levels there will be a time decay in the option. Short OTM strangle can be created while rolling up or down the leg. Wait for the price action near the levels before entering the market.
NSE:BANKNIFTY
by Mambotrade
IOB | Swing Trade📊 DETAILS Sector: Bank - Public Mkt Cap: 77,027 cr Indian Overseas Bank was founded in 1937 by Chidambaram Chettyar. It was one of the 14 major banks that were nationalized in 1969. TTM PE : 32.90 (High PE) Sector PE : 11.43 Beta : 1.65 📚 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. 20.94% away from 52 week high Underperformer - Indian Overseas Bank up by 2.01% v/s NIFTY 50 up by 6.8% in last 1 month 📈 FINANCIALS Piotroski Score of 4/9 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:IOBLong
by Munish_Jain
CREATIVE | Positional Trade📊 DETAILS Sector: Misc. Commercial Services Mkt Cap: 1,061 cr Creative Newtech Ltd (Formerly known as Creative Peripherals and Distribution Limited) is a distribution and marketing partner of Global IT, Imaging and Lifestyle brands catering to their distribution requirements through its omni-channel presence. TTM PE : 34.83 (High PE) Sector PE : 41.41 Beta : 1.18 📚 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. 10.91% away from 52 week high Underperformer - Creative Newtech down by -4.16% v/s NIFTY 50 up by 8.13% in last 1 month 📈 FINANCIALS Piotroski Score of 5/9 indicates Average 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:CREATIVELong
by Munish_Jain
INDIGO | Swing Trade📊 Details Interglobe Aviation Ltd (Indigo) is India’s largest passenger airline operating as a low-cost carrier. Serving 86 destinations including 24 international destinations, it provides passengers with a simple, unbundled product, fulfilling its singular brand promise of providing “low fares, on-time flights, and a courteous and hassle-free service” to its customers. IndiGo commenced operations in August 2006 with a single aircraft and has grown its fleet to 262 aircrafts. Disclaimer: This analysis is solely for educational purposes and does not make me 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:INDIGOLong
by Munish_Jain
DIVIS LAB: H&S ContinuationFrom Mar'23 bottom of 2730 stock has rallied and made a high of 3934 in Aug'23. Post that stock has undergone into a correction which already concluded at Nov'23 bottom of 3295. From there stock has rallied again and broken it's previous swing high made in Aug'23. The recent price action suggests that stock has formed a Continuation H&S and given a breakout on 26th dec'23 and trading well above it's neckline. The measured target for this pattern is coming in the region of 4370-4400 zone.
NSE:DIVISLABLong
by TradingSutra