Nifty Daily Levels Update For Option Day TradingSupport Zones For nifty Intraday Trading
First Support Zone For nifty50 – 18534 - 18548
Second Support Zone For nifty50 – 18444 - 18455
Third Support Zone For nifty50 – 18380 - 18385
Resistance Zones For Nifty50 Intraday Trading
First Resistance Zone For Nifty – 18615 - 18608
Second Resistance Zone For Nifty – 18680 -18670
Third Resistance Zone For Nifty – 18730 -18723
Importent Signal from Nifty Option Chain
PCR ratio as per Option Chain Analysis – 0.89 ( Bearish )
Max Pain As per Option Chain Analysis – 18600
Major Support as Per Nifty Open Interest Analysis – 18500
Major Resistance as Per Nifty Open Interest Analysis – 18600 /18700
Nifty50pricetrendanalysis
Nifty: Friday - 08/12/22Levels:
Support: 18540, 18425, 18325
Resistance: 18625, 18670, 18725
OI Data:
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Nifty => Price: 18609.35
ATM: 18600 , ITM: 18550, 18500, 18450 , OTM: 18650, 18700, 18750
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Highest OI Call in Nifty per OI data: 18650
Highest OI Put in Nifty per OI data: 18600
Nearest Major Resistance in Nifty per OI data: 18850
Nearest Major Support in Nifty per OI data: 18450
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Trade setup:
1. If Nifty Opens up more than 200 points, safely sell.
2. For any buy trade, follow the N pattern (let the price run above the level, let it retrace back to the level and let it hold the level as support)
2. For any sell trade, follow the mirror-N pattern (let the price fall below the level, let it pulls back to the level and unable to pass through the level as resistance).
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Trade | Level | SL | T1 | T2
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BUY | > 18640 | 18600 | 18700 | 18750
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SELL | < 18580 | 18620 | 18500 | 18450
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NIFTY FUTURES 21 JULY 2022Nifty today started from my zone 16510-16494 and ended at the same zone.
Power of Zones and Levels
Tomottow i am expecting a corrective move, but global markets are positive by now, lets see how it plays out.
Even if its a profit booking corrective move tomorrow, uptrend has not yet completed, kindly note it..
PREDICTED MOVEMENT OF NIFTY 50The following chart you see is a predicted movement of NIFTY 50.
The current nifty daily chart is showing some type of movement it showed previously but for a very short period
But this is forming on a long period.
I have predicted the following movement by backtesting.
*I Am not A financial Advisor
I will not be responsible for your loses if you incur losses by following my prediction.
NIFTY SCALPING LEVELS FOR 20/06/2022
Nifty can consolidate/sideways on Monday unless we see short time optimism in this bearish market. 30-50 points can be scalped within the trend channels. A short upmove can be seen above 15450 to 15650. Heavy selling may come below 15200 levels.
Time frame (mins): 1/2/5
Minimum TP: 10 Points
Once the profit is booked you can stop trading for the day. Remember WE ARE IN A BEAR MARKET and careless trade can wipe our capital. Trade with only 25% of your capital.
P.S: Kindly let me know if you guys want me to publish daily analysis like this one.
My profile:
NISM Certified Trader with market experience of 10+ years.
Nifty Future Levels for 14 June 2022Nifty on 14 June 2022
Opened Gap down, went to my zone of 15696-15673 took a strong support from there, couldnt break my zone.
Went directly near the 15900-15948 zone and reversed just before touching it.
Came bac again to the same zone of 15696-15673 but still couldnt break it and ended in consolidation.
Hope my zones were helpful today.
Tomorrow on 15 June 2022
Nifty now in a channel since 2 days. Today closed above the mid channel. Now just watch the break out of the channel for tomorrow,
it may give a gap at opening to cross the channel, then just trade the zones in that case.
Nifty AnalysisNifty is currently taking support from previous week high which is near 16400 and a break below this can take nifty to 16200 which is the last support for the index post this we can see nifty at 15900-15800. On the upside resistance is at 16970 & 17200 which are also near Fibonacci levels of 0.5% & 0.618%
NIFTY50 INDEX ANALYSIS FOR 23 MAR 22Hello, nifty50 index analysis & view above: 17,350 index will go upto 17,600 & 17,800 will be resistance level (targets identified from harmonic xabcd/abcd pattern level 0.886/2.24).
LOGIC BEHIND TRADE: Index has given breakout of it`s dynamic trendline resistance & making higher highs & lower lows it`s indication of uptrend. NSE:NIFTY
NIFTY ROAD MAP 18620 TO 13967nifty road map 18620 to 13967
- nifty is forming a downfall range
- bottom tangent line is acting as a support
- 15905 is a good support area for nifty
currently market is heading towards 17777 area
-from 17777 area, after break of 16741 levels we can see levels of 15017
-then we can see again upmove of 16741
-from 16741 area market will head towards 13967 area
thanks
GAP-DOWN IN NIFTY50 !!SENTIMENTALS AROUND THE WORLD ARE NEGATIVE !!!
NATO HOLDS the meeting, that has to happen TODAY !
RUSSIAN-UKRAINE conflicts led INDIAN MARKET to respond with HUGE VOLATAILITY .
as clearly SGX is down by 130 PTS , OPENED around 16574.5 !
it is falling further now too !!
FALLOW @VK2413 for further UPDATES !!!