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Nifty50analysis

Nifty Intraday Prediction Levels for 12 Oct 2023Nifty Intraday Prediction Levels for 12 Oct 2023 The chart indicates 15 min time frame. These Levels act as Support or Resistance according to price. They are strictly for Intraday Trading only. Execution only after break and close above the Resistance zone or below the Support zone. Major Resistances- 19820,19835,19842,19660,… Major Supports- 19792,19767,19745,19700,.. These levels act as support and resistance. You have to trade according to level breakout or breakdown. First target is immediate next level. When first target is achieved go for the next one and so on. 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 your Financial Advisor before taking any decision or trade.
NSE:NIFTY
by suraranjanganguli
Nifty Intraday Prediction Levels for 5 Oct 2023Nifty Intraday Prediction Levels for 5 Oct 2023 The chart indicates 15 min time frame. These Levels are strictly for Intraday Trading only. Execution only after break and close above the Resistance zone or below the Support zone. Resistance- 19470 Support- 19417 These levels act as support and resistance. You have to trade according to level breakout or breakdown. First target is immediate next level. When first target is achieved go for the next one and so on. 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 your Financial Advisor before taking any decision or trade.
NSE:NIFTY
by suraranjanganguli
Nifty50 Analysis! Triangle Breakout!Nifty 50 Daily Analysis! Trinagle Pattern formation in Nifty50! Triangle Pattern Breakout in Nifty50! Nifty50 formed a Triangle on a daily Timeframe. Today It has given breakout and closed above the resistance trendline. We can expect further upmove in Nifty50 in upcoming trading sessions. Rest of all Analysis is on the chart please take a look. Entry = Depends on how market opens on Monday Stop Loss = Below 18337.75 Targets = 1) 18612.70 2) 18740.15 3) 18949.90 Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4) Don't trade with full capital
NSE:NIFTYLong
by Avinash9087
1
NIFTY50 Analysis! NSE:NIFTY Weekly Analysis! NIFTY50 Long term Analysis! Nifty is currently trading at its resistance levels. I have marked all the essential levels on the chart, please go through it. Resistance Level = 18876.90 Support 1 = 18609 Support 2 = 18370.85 Disclaimer = All my analysis is for Educational Purposes only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4) Don't trade with full capital
NSE:NIFTY
by Avinash9087
Nifty Technical Analysis: Will Nifty Bounce Back?On December 1, 2022, Nifty reached an all-time high of 18,887. However, since then, it has experienced a downtrend. On March 20, 2023, Nifty hit a low of 16,828, which is nearly an 11% drop from its peak within just 109 days. Fortunately, Nifty has recently started moving in an uptrend channel, and on June 28, it broke its previous all-time high. As of June 30, 2023, the closing price of Nifty is 19,189. Now, I anticipate that Nifty will retest its breakout level in coming days, which is around the 18900 - 18800 range. This level, which was previously a resistance, is expected to act as a support level going forward. Additionally, Nifty should find support from its bullish trend line within the bullish trend channel. Remember, trading is not just about profits and losses—it's a journey that requires determination and perseverance. 💪💰 ✨ Key Terms Explained ✨ All-Time High: The highest price level that an asset has ever reached. Downtrend: A series of lower highs and lower lows, indicating a bearish market direction. Uptrend: A series of higher highs and higher lows, indicating a bullish market direction. Breakout: When the price surpasses a significant level of resistance or support. Support Level: A price level where buying pressure is expected to prevent further price decline. Resistance Level: A price level where selling pressure is expected to prevent further price increase. Trendline: A line drawn to connect multiple support or resistance levels, showing the overall trend direction. Please note that this analysis is purely for educational purposes, and I am not a SEBI registered analyst. If you found this analysis helpful, please consider liking it and leaving your observations in the comments section. Your feedback is crucial in keeping me motivated to consistently provide valuable content. Thank you for your support, likes, follows, and comments. To stay updated with more articles and trade setups, feel free to follow me on TradingView: in.tradingview.com
NSE:NIFTYLong
by AfnanTAjuddin
2
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
Nifty 50 Trading view for 02 May 2023Nifty50 closed 18065 as FIIs cash purchase was 3304.3 CR and DIIs bought 264.3 CR (Net positive of 3568.6). SGX nifty signals a gap up. Today the market is expected to be in the range of 18100 on the upper side and 17800 on the lower side. Short-Term Levels: Resistance: 67.99 LAC Call OI buildup @ 18200 level Support: 99.1 Lacs Put OI buildup @ 18000 level (STRONG SUPPORT @ 17800 LEVEL - 88.45 LAC) 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's low (10.95%). An increment in VIX will indicate uncertainty in the market, further causing the Index to dip. Any negative news can impact this. The overall sentiment is bullish, but it's important for the index to retain its position above 17800 levels and cross 18233 levels to see further upside. Suggested to trade in limited quantities with strict stop loss or hedging strategy. Chart Pattern: The index witnessed a breakout from the cup and handle pattern on the charts. A large green candle with a short wick at the bottom indicates confidence in the market and further upside. Also, the index is above 200 DMA, which signals a positive sign. The index must cross the 18233 level to see a further upside of 18500. Possible Trading Levels: UPSIDE TRADE: Buy only above 18080 >>>>> Buy ITM 18050 CE. (TGT 18130 | SL 18030) DOWNSIDE TRADE: Sell only below 17980 >>>>> Buy ITM 18050 PE (TGT 17930 | SL 18050) Things to account for 02 May 2023: 1. FED set to raise Interest rates to 16-year high and debate a pause - as per WSJ projection. Any further increase in FED rates which is scheduled to be declared on 3rd May can impact the index. The Fed raised the fed funds rate by 25bps to 4.75%-5% in March 2023, matching the February increase, and pushing borrowing costs to new highs since 2007, as inflation remains elevated. The decision came in line with expectations from most investors although some believed the central bank should pause the tightening cycle to shore up financial stability. There could be speculation in the market today and tomorrow about the FED Interest Rate Decision. 2. DOW JONES Down -56.11, OR -0.16 PERCENT, AT 34042 despite opening positive 34,139.81. This can have a bearing on today's trade as further upside will be based on global cues. 3. U.S ISM MANUFACTURING EMPLOYMENT (APR) ACTUAL: 50.2 VS 46.9 PREVIOUS; EST 47.9. This is positive news. 4. U.S MANUFACTURING PMI (APR) ACTUAL: 50.2 VS 50.4 PREVIOUS; EST 50.4. This is positive news. 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
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
NIFTY important support resistance areasNSE:NIFTY nifty is approaching the crucial trendline on daily time frame from which we have seen multiple huge corrective falls everytime nifty touched/entered the trendline zone, there are two major resistancce zoneswhich are collinding with trendline which can possibly start the next corrective fall again if respected, 1st resistance zone is between 17530/17565 and the next and last one which is more crucial to decide corrective fall or breakout upside is bewteen 17622/17620, current/ next minor resistance for nifty is between 17412/17450, if nifty opens inside/above this zone, then we can expect nifty hit the trendline's first resistance zone. if nifty breaks and sustains abobe 17620 , then we can expect a move till 17780/17810. if the resistance zone are respected then we can expect a corrective fall till 16800/16400 first.
NSE:NIFTY
by ajinkyadiwakar717