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Nifty50_price_targets

Nifty daily analysis for 10/08/23.A clear bullish engulfing candle and a dragon fly doji on the daily charts shows some bullishness in the indian markets. Nifty has given a U shape recovery today, after crossing 19530 levels market looked good for selling but it reversed after 100 points fall from the day high. Today's market was totally unpredictable as it started consolidating after the fall and slowly moved in the upper direction. On the hourly charts, market after breaching 20 ema almost touched 200 ema and reversed. The last hour candle shows some positive signs and chance are there that market fills the gap on the upper side. The bearish moving averages cross over, on 15 minutes chart, gave some movement on the downside but couldn't sustain the trend and it reversed quickly. Support :- 19470, 19400 Resistance :- 19680, 19730, 19850 Seller were loaded in the morning but buyer tookover and closed the market 60 points higher. Wait for the price action near the levels before entering the market.
NSE:NIFTY
by Mambotrade
Nifty daily analysis for 12/07/23.Nifty has again faced a rejection from the higher levels. Though, nifty closed 80 points higher after a gap up and has formed a gravestone doji on the daily charts. Markets are respecting the higher levels and couldn't convincingly create new highs. The market is missing on the buying or selling momentum and has been consolidating near the highs. On the hourly charts, the market crossed the 20 ema and during the closing has closed near it. There was trend in the both halfs. In the first half it travelled to the high and in the second high gave away the gains on the first half. Support :- 19420, 19300-30 Resistance :- 19520-30 Wait for the price action near the levels before entering the market.
NSE:NIFTY
by Mambotrade
Nifty weekly analysis for 10/07/23.Nifty has been holding the highs for long. But during the last trading session market has given a bearish engulfing candle and formed a gravestone doji on the weekly time frame. The market has given a red candle and closed 165 points lower. Profit booking and retest was required and market has retraced to 23.6% fibonacci levels. On the hourly charts, the market has started trading below the 20 ema and closed below the levels. During the last hour, market has retested the moving average and the zone. Candle formed on the daily and weekly charts show some short term negative move and the global markets are also in the same mood. Many gaps are pending as the market has travelled gap up after gap up. Support :- 19315, 19240, 19185 Resistance :- 19420, 19500 The supports are near by and market can reverse from it. Take small targets in the bearish trade or opt for partial profit booking. Wait for the price action near the levels before entering the market.
NSE:NIFTY
by Mambotrade
Nifty50 Weekly Key Trading levels 26th-30th June 2023 Nifty50 Weekly Key Trading levels 26th-30th June 2023 Disclaimer: I do not give any tips or buy sell recommendation I only teach trading strategies. These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view. Please consult your Financial Advisor before making any trading decision
NSE:NIFTY
by sbkurandwad77
Nifty50 Weekly Expiry Trading Levels 15th June 2023 ZERO to HERONifty50 Weekly Expiry Trading Levels 15th June 2023 ZERO to HERO Disclaimer: I do not give any tips or buy sell recommendation I only teach trading strategies. These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view. Please consult your Financial Advisor before making any trading decision
NSE:NIFTY
by sbkurandwad77
Nifty50 Weekly analysis & Prediction-12th June -16th June 2023Nifty50 Weekly analysis & Prediction-12th June -16th June 2023 Disclaimer: I do not give any tips or buy sell recommendation I only teach trading strategies. These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view. Please consult your Financial Advisor before making any trading decision
NSE:NIFTY
by sbkurandwad77
Nifty50 Profitable Trading Levels for 8th June 2023 expirytradeNifty50 Profitable Trading Levels for 8th June 2023 Weekly expiry tradesetup Disclaimer: I do not give any tips or buy sell recommendation I only teach trading strategies. These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view. Please consult your Financial Advisor before making any trading decision
NSE:NIFTY
by sbkurandwad77
BANKNIFTY trade setupThe banknifty index is stuck in a range from 44150 to 43500 levels , any breakout or breakdown of these levels can give a directional move in the index , on the downside expect banknifty to touch 42800 levels if the range is broken downside ,higher probability trade will be on the upside if all time highs of index ie 44150 levels gets broken , one can enter on retest for targets of 44500 and 45k in short term , personally will try to avoid shorting this bull index
NSE:BANKNIFTYLong
by sniper1290
Nifty 50 Trading view for 05 May 2023Nifty50 closed at 18089 as there was selling pressure observed in metal, banking, and technology stocks. SGX nifty signals a neutral to gap down opening. Markets closed lower prior to the US Fed policy meeting. Strong buys from FIIs saved the day along with strong economic data. FIIs' cash purchase was 1338 CR and DIIs bought 584 CR (Net positive of 754) As expected, the US Fed declared a 0.25% hike in interest rates. They also pointed out that there could be a pause in future hikes. This is positive news and hopefully, a 0.25% increment would have already been factored in our earlier trades. But quite interestingly US stocks ended in the red, shedding their gains. This could be due to banking crisis worries and the debt ceiling (US govt payment obligations as of June 1st). Today the market is expected to be in the range of 18200 on the upper side and 17975 on the lower side. The overall sentiment is neutral to bullish, as Nifty has managed to stay afloat above 18000. As mentioned earlier, it's important for the index to retain its position above 18000 levels and cross 18233 levels to see further upside. Suggested to trade in limited quantities with strict stop loss or hedging strategy. Support and Resistance: Resistance: 1.64 CR Call OI buildup @ 18200 level. A huge call writing was observed at the 18100 and 18200 levels. Support: 1.22 CR Put OI buildup @ 18000 level (STRONG SUPPORT @ 18000 LEVEL) 17800 still seems to be a crucial support level (make or break level) Do keep a close watch on these levels and nearby strike prices to determine the next move in the market. It is important to keep a close watch on VIX as it dropped to 11.84 (0.48%). This index confirms risk sentiment in the market. Chart Pattern: A small red hammer was formed after six consecutive green candles. There could be possible consolidation or minor weakness observed in the next 1 to 2 sessions. Apart from 18000, 17900 also seems to be a crucial support for the index. Possible Trading Levels: UPSIDE TRADE: Buy only above 18120 >>>>> Buy ITM 18100 CE. (TGT 18180 | SL 18075) DOWNSIDE TRADE: Sell only below 18050 >>>>> Buy ITM 18100 PE (TGT 17980 | SL 18100) Things to account for 05 May 2023: 1. The Fed raised the interest rate by 25bps. A pause is expected in further rate increases as highlighted by the Fed. 2. DOW JONES Down -270.29, OR -0.80 PERCENT, AT 33414 despite opening positive 33,726.64. This can have a bearing on today's trade. 3. Corporate Results: Housing Development Finance Corporation, Hero MotoCorp, Adani Enterprises, Dabur India, Tata Power, TVS Motor, Sundram Fasteners, 360 ONE WAM, Aptus Value Housing Finance, Blue Star, Bombay Dyeing & Manufacturing Company, CEAT, FirstSource Solutions, IDFC, Jammu & Kashmir Bank, Mindspace Business Parks REIT, and United Breweries. Trading is risky, and it is advised to consult a financial advisor prior to trading. These are purely my opinion based on my trading experience and exercise caution while trading. Many of these strategies are subject to adjustments as per market movements as markets are dynamic and change due to several factors. If you require a financial advisor to assist you with investing or trading needs, please contact us using the comments section. HAPPY TRADING!!!
NSE:NIFTY
by SunilA75
1
Trading Levels for 03 MAY 2023Today's Possible Trading Levels: UPSIDE TRADE: Buy only above 18150 >>>>> Buy ITM 18100 CE. (TGT 18200 | SL 18100) DOWNSIDE TRADE: Sell only below 18100 >>>>> Buy ITM 18150 PE (TGT 17050 | SL 18150) Trading is risky, and it is advised to consult a financial advisor prior to trading. These are purely my opinion based on my trading experience and exercise caution while trading. Many of these strategies are subject to adjustments as per market movements as markets are dynamic and change due to several factors. If you require a financial advisor to assist you with investing or trading needs, please contact us using the comments section.
NSE:NIFTY
by SunilA75
1
Nifty 50 Trading view for 28 April 2023Nifty50 closed 17915 as FIIs bought 1652 CR and DIIs bought 97 CR (Net positive of 1749). SGX nifty signals a gap up. Today the market is expected to be in the range of 17100 on the upper side and 17800 on the lower side. Short-Term Levels: Resistance: 39.7 CR Call OI buildup @ 18000 level Support: 75.5 Lacs Put OI buildup @ 17800 level (STRONG SUPPORT @ 17800 LEVEL) 17800 seems to be a crucial level (make or break level) It's important to keep a close watch on these levels and nearby strike prices to determine the next move in the market. Overall sentiment seems to be bullish, but it's important for the index to retain its position above 17800 levels and cross 18200 levels to declare a bull run. Chart Pattern: Also, the green candle stick pattern closing with a high of the day is a positive indicator. Also, the index is above 200 DMA, which signals a positive sign. The index must cross 18765 levels to see further upside. Possible Trading Levels: UPSIDE TRADE: Buy only above 17950 >>>>> Buy ITM 17900 CE. (TGT 18000 | SL 17880) DOWNSIDE TRADE: Sell only below 17870 >>>>> Buy ITM 17900 PE (TGT 17820 | SL 17930) Things to account for 28 April 2023: 1. Quarterly corporate earnings report for several companies: UltraTech Cement, SBI Cards and Payment Services, CSB Bank, L&T Finance Holdings, Mahindra & Mahindra Financial Services, Vedant Fashions, Atul, CarTrade Tech, eMudhra, Himadri Speciality Chemical, Ramkrishna Forgings, Star Health and Allied Insurance Company, and Tata Metaliks 2. DOW up by 1.57%, AT 33826 Trading is risky, and it is advised to consult a financial advisor prior to trading. These are purely my opinion based on my trading experience and exercise caution while trading. Many of these strategies are subject to adjustments as per market movements as markets are dynamic and change due to several factors. If you require a financial advisor to assist you with investing or trading needs, please contact us using the comments section. HAPPY TRADING!!!
NSE:NIFTYLong
by SunilA75
2
HERO ZERO Calls for 27 APR 2023HERO ZERO call opportunity: NIFTY: If Nifty touches 17700 - Buy ATM 17700 both CE and PE (total premium put together should be within 80-90 Rs) If Nifty touches 17900 - Buy ATM 17900 both CE and PE (total premium put together should be within 80-90 Rs) Trading is risky, and it is advised to consult a financial advisor prior to trading. These are purely my opinion based on my trading experience and exercise caution while trading. Many of these strategies are subject to adjustments as per market movements as markets are dynamic and change due to several factors. If you require a financial advisor to assist you with investing or trading needs, please contact us using the comments section. HAPPY TRADING!!!
NSE:NIFTY
by SunilA75
1
Nifty 50 Trading view for 26 April 2023Nifty50 touched 17807 only to lose steam towards the last 30 minutes trade and ended 17769 (closer to high of 24th APR). Banking stocks were quite active in trade yesterday, but the heavyweights of Nifty were not getting enough buying. FIIs sold 407 CR while DIIs bought 564 CR (Net positive of 157). Today the market is expected to be in the range 17850 on the upper side and 17650 on the lower side. Short-Term Levels: Highest OI buildup for both Call (1.06CR) and Puts (1.29CR) are @ 17700 levels Resistance: 0.79 CR Call OI buildup @ 17800 level Support: 1.13 CR Put OI buildup @ 17600 level (STRONG SUPPORT @ 17600 LEVEL) 17600 still seems to be a crucial level (make or break level) It's important to keep a close watch on these levels and nearby strike prices to determine the next move in the market. Note that this being the last week of the monthly expiry followed by many companies declaring Quarterly results today and coming days, we can expect volatility in the market. Keep a close tab on VIX and make trading decisions accordingly. As mentioned yesterday, overall sentiment still seems slightly bullish, but it's important for the index to retain its position above 17600 levels and cross 18200 levels to declare a bull run. Chart Pattern: Also, the green candle stick pattern with a Doji kind of formation and long wick at the top and bottom indicates indecisiveness in the market. But though the index is placed below the day's high but since it is above 200 DMA, signals a positive sign. The index must cross 18765 levels to see further upside. Do trade in limited quantities with strict stop loss or hedging options. Possible Trading Levels: UPSIDE TRADE: Buy only above 17800 >>>>> Buy ITM 17750 CE. (TGT 17850 | SL 17750) - Risky traders can TGT 17875 DOWNSIDE TRADE: Sell only below 17750 >>>>> Buy ITM 17800 PE (TGT 17700 | SL 17800) - Risky traders can TGT 17650. Things to account for 26 April 2023: 1. Quarterly corporate earnings report for several companies: Bajaj Finance, Can Fin Homes, HDFC Life, IIFL Finance, Indus Tower, KPIT Tech, L&T Tech, Maruti, Oracle Fin, Poonawalla Fin, SBI Life, Shoppers Stop, Supreme Petro, Syngene Intl, Tanla Platforms, UTI AMC, Voltas 2. DOW closes 344 POINTS, OR -1.02%, AT 33,530 Trading is risky, and it is advised to consult a financial advisor prior to trading. These are purely my opinion based on my trading experience and exercise caution while trading. Many of these strategies are subject to adjustments as per market movements as markets are dynamic and change due to several factors. If you require a financial advisor to assist you with investing or trading needs, please contact us using the comments section. HAPPY TRADING!!!
NSE:NIFTYLong
by SunilA75
Nifty50 Futures Key Trading Levels for 24th April 2023Nifty50 Futures Key Trading Levels for 24th April 2023 Disclaimer: I do not give any tips or buy sell recommendation I only teach trading strategies. These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view. Please consult your Financial Advisor before making any trading decision
NSE:NIFTY1!
by sbkurandwad77
NiftyFutures Key Trading Levels for 21st April 2023NiftyFutures Key Trading Levels for 21st April 2023 Disclaimer: I do not give any tips or buy sell recommendation I only teach trading strategies. These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view. Please consult your Financial Advisor before making any trading decision
NSE:NIFTY1!
by sbkurandwad77
NiftyFutures Key Trading Levels for 20th April 2023 Expiry TradeNiftyFutures Key Trading Levels for 20th April 2023 Expiry Trade Disclaimer: I do not give any tips or buy sell recommendation I only teach trading strategies. These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view. Please consult your Financial Advisor before making any trading decision
NSE:NIFTY1!
by sbkurandwad77