niftyDISCLIMER
All the information shared in this chart is provided for strictly educational purposes only. This chart is sharing information are based on the theory of technical analysis. This is not an offer to buy or sell stocks, futures, options, commodity, forex, interests or any other trading security. Back test yourself before jump into live market consult your financial adviser and use proper risk management.
Niftyanalysis
Next Confirm Target of Nifty50 Nifty One Hour Chart Analysis For Intraday Future & Option Trading
Nifty Demand and Supply Zones for Day Trading
Support Zones For nifty Intraday Trading
First Support Zone For nifty50 – 17815 - 17830
Second Support Zone For nifty50 – 17718 - 17730
Third Support Zone For nifty50 – 17620 - 17640
Resistance Zones For nifty Intraday Trading
First Resistance Zone For Nifty – 17945 - 17955
Second Resistance Zone For Nifty – 18030 - 18020
Third Resistance Zone For Nifty – 18181 - 18170
Nifty Option Chain Analysis
PCR ratio as per Option Chain Analysis – 0.62 ( Bearish )
Max Pain As per Option Chain Analysis – 17900
Major Resistance as Per Nifty Open Interest Analysis – 18050
Major Support as Per Nifty Open Interest Analysis – 17450
For Banknifty Chart Analysis Visit Below Link
NIFTY Intraday Trade Setup For 20 Feb 2023NIFTY Intraday Trade Setup For 20 Feb 2023
Buy-Above 17955
Sl-17905
T- 18005 18050
Sell-Below 17880
Sl-17930
T- 17820 17760
NIFTY has closed on a slight bearish sentiment with 0.51% cut on Friday. Weekly candle is almost sideways and is between the range of 18200-300 and 17700. This range has been valid since last 2 Months. This week's high - 18135 is important , above that we may initiate a move which can break the weekly range high. Below 17700 will slide to test previous swing lows.
For Monday 18050 can act as a intraday resistance so if bearish price structure forms there then it can create supply zone there. Important support in the downside below 17760.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 17955 then we will long for the target of 18005 and 18050.
For selling we need a 15 Min candle close below 17880. T- 17820 and 17760.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
Nifty spot chart analysis for 20.02.2023Nifty is standing just inside a strong resistance of 17976.
if nifty moves above 17976 then it may also cross 18020 and may reach to the level of 18067.
between 18067 to 18111 is an Extremely strong resistance.
if nifty crosses over 18111 then it may reach to the level of 18160.
if nifty moves down below 17926 then it may also cross 17880 and may reach to the level of 17829.
if nifty moves down below 17829 then it may take support on 17780.
If nifty crosses down 17780. then it may take bounce back from bounce back zone.
IT IS HIGHLY UNLIKEY THAT NIFTY WILL CROSS 18020 AND REACH TO THE HIGHER LEVELS.
niftyDISCLIMER
All the information shared in this chart is provided for strictly educational purposes only. This chart is sharing information are based on the theory of technical analysis. This is not an offer to buy or sell stocks, futures, options, commodity, forex, interests or any other trading security. Back test yourself before jump into live market consult your financial adviser and use proper risk management.
Nifty - Weekly and Intraday analysis for 20 Feb 2023Nifty Coming Week - Trending move is expected.
Trading Range between 18150 & 17730, Nifty looks still bullish we have strong support at 17800 & 17730 level from here we can expect upmove in Nifty.
If incase any weakness and closes below 17700, we would see 17600 which will be tested.
Tomorrow (Monday) - BEARISH with Negative Sentiment - If any gap up open and sustains above 17950 we can take BUY entry for targets 18000/18050, if any rejection trades below 17920 we can look for SELL entry for lower targets.
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
NIFTY Intraday Trade Setup For 17 Feb 2023NIFTY Intraday Trade Setup For 17 Feb 2023
Buy-Above 18101
Sl-18050
T-18168 18235
Sell-Below 18000
Sl-18050
T-17905 17837
NIFTY has closed has closed on a flat note with just 20 points gain. Today it opened with a decent gap up , directly at our 1st target which was also a PRZ area. As usual it fell from PRZ area. The momentum was quite slow due to low VIX. However momentum was better than BANKNIFTY. Later 10 o'clock range broke downside and gave 60 points gain. It has closed near day low so below today's low it can slide. If it sustains above 18100 then it will test higher levels.
Comin to Friday's trade setup, if index opens flat and a 15 Min candle closes above 18101 then we will long for the target of 18168 and 18265.
For selling we need a 15 Min candle close below 18000.T- 17905. Below 17900 it will hit 17837 and extended T- 17763.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
niftyDISCLIMER
All the information shared in this chart is provided for strictly educational purposes only. This chart is sharing information are based on the theory of technical analysis. This is not an offer to buy or sell stocks, futures, options, commodity, forex, interests or any other trading security. Back test yourself before jump into live market consult your financial adviser and use proper risk management.
Detailed explanation
nifty expiry day 16/2/23nifty managed to break 17950 mark and close above 18000 on 15/2.. however going by OI data, the expiry is likely to be more in range 17900-18000. hence I am bearish on nifty today. unless nifty opens gapup or opens flat and move up sustains above 18078 on 15 min time frame, i dont see any CE position. if it sustains, then target can be up to 18120/18178/18200. in case of gap down opening or fall below 18000, target could be 17950/17920.
NIFTY Intraday Trade Setup For 16 Feb 2023NIFTY Intraday Trade Setup For 16 Feb 2023
Buy-Above 18035
Sl-17985
T- 18115 18228
Sell-Below 17900
Sl-17950
T- 17837 17770
NIFTY has closed once again on a bullish sentiment with 0.48% gain. Last day it was told that above today's high bullish sentiment will continue, so has happened. Today market opened slight gap down and sell triggered below 17895. It gave 40 points and then immediately morning star - 'stop n reverse' formed in 15 Min TF and it was updated to avoid the short trade. Later 10 o'clock range broke upside above 17906 and made a high of 18030. This trade gave more than 120 points with just 35 points sl. Mid way long triggered as per trade setup also and hit 1st target.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 18035 then we will long for the target of 18115 and 18228.
For selling we need a 15 Min candle close below 17900. T- 17837 and 17770. Also 17950 is important to watch before 17900.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
niftyDISCLIMER
All the information shared in this chart is provided for strictly educational purposes only. This chart is sharing information are based on the theory of technical analysis. This is not an offer to buy or sell stocks, futures, options, commodity, forex, interests or any other trading security. Back test yourself before jump into live market consult your financial adviser and use proper risk management.
NIFTY Intraday Trade Setup For 15 Feb 2023NIFTY Intraday Trade Setup For 15 Feb 2023
Buy-Above 17955
Sl-17905
T- 18025 18115
Sell-Below 17895
Sl-17945
T-17837 17700
NIFTY has closed on a bullish sentiment with 0.89% gain. Today it opened slight gap up, buy triggered @17805 and made a high of 17950+. Trade hit all buy targets and gave 150 points (1:3). As it gaped up 10 o'clock range also broke upside above 17860 and with 30 points sl it gave more than 90 points gain (1:3). It has closed near day high which is a bullish sign this bullishness may continue above today's high. Below 17700 index will give a downside move in hourly TF. Chances of a big gap up/down is high due to CPI data outcome in US.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 17955 then we will long for the target of 18025, post rejection if it sustains then it will test 18115.
For selling we need a 15 min candle close below 17895. T- 17837, post bounce if it slides then it may test 17770 also.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
NIFTY Intraday Trade Setup For 14 Feb 2023NIFTY Intraday Trade Setup For 14 Feb 2023
Buy-Above 17805
Sl-17955
T-17860 17915
Sell-Below 17715
Sl-17765
T- 17649 17580
NIFTY has closed on bearish sentiment with 0.48% cut. Today it opened flat and sell triggered below 17779 and made a low of 17720. This trade hit our 1st target and gave 60 points which was 1:1. Later it just consolidated between 80 points range throughout the day. Today's low is very important as bearish price structure can start to establish in hourly TF and then in daily TF. Above 17920 if sustained it will start to make bullish price structure in hourly and then in daily TF.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle close above 17805 then we will long for the target 17860 and 17915+.
For selling we need a 15 Min candle close below 17715. T- 17649 and 17560-80.
Till the time it is inside ranges and VIX is near 12 small targets have to be considered.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
Nifty Daily Levels Update For 14 feb 2023 Nifty Confirm Targets for 14 Feb 2023
Weekly Expiry on 16 Feb 2023
13 Feb 2023 End Of Day Nifty Chart Analysis with Perfect Support and Resistance for Intraday Trading
India Vix Closing – 13.74
Support Zones For nifty Intraday Trading
First Support Zone For nifty50 – 17720 - 17736
Second Support Zone For nifty50 – 17620 - 17630
Third Support Zone For nifty50 – 17445 - 17460
Resistance Zones For nifty Intraday Trading
First Resistance Zone For Nifty – 17945 - 17960
Second Resistance Zone For Nifty – 18020 - 18030
Third Resistance Zone For Nifty – 18170 - 18180
Nifty Option Chain Analysis
PCR ratio as per Option Chain Analysis – 0.61 ( BEARISH )
Max Pain As per Option Chain Analysis – 17800
Major Support as Per Nifty Open Interest Analysis – 17950
Major Resistance as Per Nifty Open Interest Analysis – 17600
niftyDISCLIMER
All the information shared in this chart is provided for strictly educational purposes only. This chart is sharing information are based on the theory of technical analysis. This is not an offer to buy or sell stocks, futures, options, commodity, forex, interests or any other trading security. Back test yourself before jump into live market consult your financial adviser and use proper risk management.
NIFTY Intraday Trade Setup For 13 Feb 2023NIFTY Intraday Trade Setup For 13 Feb 2023
Buy-Above 17880
Sl-17830
T- 17970 18026
Sell-Below 17779
Sl-17830
T-17695 17585
NIFTY has closed on a absolute flat note last last week. Its a complete neutral closing and same sentiment was on during the whole week. No big momentum was seen as VIX crashed vertically after the Union Budget. Till now index is inside the Budget day range. As a result Inside candle has been formed in weekly charts. 1st trigger will be above/below mother candle's high/low. Monday's trade setup will be based on Friday's tight range.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 17880 then we will long for the target of 17970 and 18025. 17920 is important to be sustained.
For selling we need a 15 Min candle close below 17779. However it will be week below 17800. T- 17695 and 17585.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.