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Nifty50pricetrendanalysis

nifty for 10/1/2023could be a flat opening for tomorrow as nifty is still looking slightly bearish, but global cues are positive. if flat opening 18140 could be a resistance and above that could go up to 18240. if gap down opening 18000 -18010 could be a support level. could go for CE above 18140 in small qty and increase of qty above 18240-265 if sustained on 15 min time frame. Stoploss @18080. for CE. if gap down opening wait for price action confirmation and support @ 18010-18000 . CE on rebound with SL below 18000 and target till 18080. gapup beyond 18140 , it will be better to wait out for any rebound, price action confirmation before entering trade
NSE:NIFTY
by Trade_with_Raghu
NIFTY: Wait and Grab the Perfect opportunityThe rise from the Mar'20 bottom was an impulsive move which should be considered as the Primary Degree Wave-1 concluded near the zone of 18600 in Oct'21. From that top Nifty50 fell down in a corrective way and made a low of 15183 in Jun'22. This fall was not even reached to Fibonacci 38.2% retracement level positioned at 14400 zone where the previous fourth of 1 lesser degree is also placed and we have seen a rise in the Nifty to test the all time high and made a new high of 18887 in Nov'22. The rise from the bottom of 15183 is more or like a corrective rise and can be treated as part of FLAT CORRECTION (expanded Flat) or a part of COMPLEX WXY correction. As per this view Nifty is likely to hold below 19000 and fall towards 16750 /14400 and 13000 level in the coming months. The nature of the fall will decide whether we are in a C-Wave of a FLAT or we are in a Y-Wave of a COMPLEX WXY correction. As soon we reach in the zone of 14400-13000 which is the Fibonacci 38.2%-50% retracement zone we can consider that area as the long term investment zone as our Primary Wave-2 is going to conclude in that area and we should be ready for a massive THIRD WAVE RALLY in the Indian Equity market. Remember Third Waves are the "WONDER TO BEHOLD".
NSE:NIFTYShort
by TradingSutra
6
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
NSE:NIFTYShort
by manojshinde27
Nifty: Friday - 08/12/22Levels: Support: 18540, 18425, 18325 Resistance: 18625, 18670, 18725 OI Data: ---------------------------------------------------------------------| Nifty => Price: 18609.35 ATM: 18600 , ITM: 18550, 18500, 18450 , OTM: 18650, 18700, 18750 ---------------------------------------------------------------------| 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 ---------------------------------------------------------------------| 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). +++++++++++++++++++++++++++++++++++++++++ Trade | Level | SL | T1 | T2 ----------------------------------------- BUY | > 18640 | 18600 | 18700 | 18750 ----------------------------------------- SELL | < 18580 | 18620 | 18500 | 18450 +++++++++++++++++++++++++++++++++++++++++
NSE:NIFTY
by pradipandsuvra
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.
NSE:NIFTY1!
by cryptofam1111