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Nifty Intraday Support & Resistance Levels for 18.09.2024On Tuesday, Nifty opened with a gap up and traded in a narrow range throughout the day, closing at 25,418.55 with a gain of 35 points. This marks the first time Nifty has closed above 25,400. For the last four days, Nifty has been hovering around this level, suggesting that if the high is not broken with strong volume, we could see a correction down to 25,075. However, if Nifty breaks the new high (above 25,450) with volume, it may reach 25,640 in the short term. Both the Weekly and Daily Trends (50 SMA) remain positive. Demand/Support Zones: Near Demand/Support Zone (15 min): 25,355.95 - 25,383.90 Far Demand/Support Zone (15 min): 25,244.55 - 25,269.45 Far Demand/Support Zone (Daily): 24,753.15 - 25,130.50 Far Demand/Support Zone (75 min): 24,885.15 - 25,072.55 Supply/Resistance Zones: No Supply/Resistance zones are currently visible on the chart.
NSE:NIFTY
by PriteshPalan
NIFTY Intraday Trade Setup For 18 Sep 2024NIFTY Intraday Trade Setup For 18 Sep 2024 Bullish-Above 25450 Invalid-Below 25400 T- 25630 Bearish-Below 25310 Invalid-Above 25360 T- 25100 NIFTY has closed almost on a flat note with minor gain of 0.14% today. Since last three sessions index is just sideways within 150 points small range. Index is just consolidating after ATH breakout. Now above 25450 index should trend in the higher side, no comments on momentum as it has passed away months ago. Below 25300 index should start a bearish action. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 25450 then we will long for the target of 25630. For selling we need a 15 Min candle close below 25300. T- 25100. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:NIFTY
by Omahto
Nifty Intraday Levels | 17-SEP-2024#Optionbuyers #Niftyoptionscalping 1️⃣ Zones you always Like:- 👉Green zone- Institutional support 👉Red zone - Institutional resistance 👉Gap between institutional zones is always of 100 points 👉Zone is created with the help of pivot points and Fibonacci 👉Advance version of price action 👉Trades based on Nifty future chart 2️⃣ Trade Execution:- 👉Trade based on order flow data 👉Timeframe - 1 min and 5 min 👉Risk Reward Ratio always 1:2 👉Strike price always ATM & slightly ITM 👉Maintain Position sizing according to your own method 3️⃣ House Rules in trading:- 👉Sharp at 9:15 AM 👉Priority to risk management 👉Fast execution (morning breakfast) 👉Stop-loss 10 points (strictly) #ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌 🙏FOLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view !
NSE:NIFTY1!
by ReviveTraders
Nifty Intraday Support & Resistance Levels for 17.09.2024On Monday, Nifty opened with a gap up, hitting a new all-time high of 25,445.70 (the previous high was 25,433.35) but failed to sustain and closed at 25,383.75. For the last three days, Nifty has been closing around 25,400, indicating that if the high is not broken with strong volume, we may see a correction down to 25,075. However, if Nifty breaks above the new high (above 25,450) with volume, it could reach 25,640 in the short term. The Weekly and Daily Trends (50 SMA) remain positive, and support and resistance zones are unchanged. Demand/Support Zones: Near Demand/Support Zone (15 min): 25,217.90 - 25,269.45 Far Demand/Support Zone (Daily): 24,753.15 - 25,130.50 Far Demand/Support Zone (75 min): 24,885.15 - 25,072.55 Supply/Resistance Zones: No Supply/Resistance zones are visible on the chart currently.
NSE:NIFTY
by PriteshPalan
Nifty Intraday Support & Resistance Levels for 16.09.2024On Friday, Nifty opened with a gap up but failed to surpass Thursday's high of 25,433.35, staying in a tight range and closing at 25,356.50, losing 32 points. Despite this, Nifty continues to trade above the previous week's close and even above the previous month's candle closing. If last week's low (24753.15) holds, we may see further upward movement and potentially new highs in the coming weeks. The trend (50 SMA) on both the Weekly and Daily timeframes remains positive. Demand/Support Zones: Near Demand/Support Zone (15 min): 25,217.90 - 25,269.45 Far Demand/Support Zone (Daily): 24,753.15 - 25,130.50 Far Demand/Support Zone (75 min): 24,885.15 - 25,072.55 Supply/Resistance Zones: Currently, no Supply/Resistance zones are visible on the chart.
NSE:NIFTY
by PriteshPalan
Nifty Intraday Levels | 12-SEP-2024#Optionbuyers #Niftyoptionscalping 1️⃣ Zones you always Like:- 👉Green zone- Institutional support 👉Red zone - Institutional resistance 👉Gap between institutional zones is always of 100 points 👉Zone is created with the help of pivot points and Fibonacci 👉Advance version of price action 👉Trades based on Nifty future chart 2️⃣ Trade Execution:- 👉Trade based on order flow data 👉Timeframe - 1 min and 5 min 👉Risk Reward Ratio always 1:2 👉Strike price always ATM & slightly ITM 👉Maintain Position sizing according to your own method 3️⃣ House Rules in trading:- 👉Sharp at 9:15 AM 👉Priority to risk management 👉Fast execution (morning breakfast) 👉Stop-loss 10 points (strictly) #ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌 🙏FOLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view !
NSE:NIFTY1!
by ReviveTraders
Nifty Intraday Support & Resistance Levels for 12.09.2024On Wednesday, Nifty hit a high of 25113.70, entering the 30m supply zone mentioned in the previous post, before dropping over 200 points to close at 24918.45. The weekly trend (50 SMA) remains positive, while the daily trend (50 SMA) is sideways. Support Levels: Far Demand/Support Zone (75m): 24678.80 - 24745.50 Far Demand/Support Zone (Daily): 24523 - 24636 Far Support (61.8% FIBO retracement level): 24444 Far Demand/Support Zone (Weekly): 23893.70 - 24367.50 Resistance Levels: Near Supply/Resistance Zone (30m): 25045 - 25114 Far Supply/Resistance Zone (75m): 25127.75 - 25198.60 (tested) Far Supply/Resistance Zone (Daily): 25235.80 - 25321.65
NSE:NIFTY
by PriteshPalan
Nifty Intraday Support & Resistance Levels for 11.09.2024On Tuesday, Nifty opened with a gap up, reaching a high of 25130.50, touching the 75m supply zone mentioned in the previous post. It then fell over 100 points from the top, closing at 25041.10, gaining 104 points from the previous day's close. The weekly trend (50 SMA) remains positive, while the daily trend (50 SMA) is sideways. Support Levels: Near Demand/Support Zone (30m): 24908 - 24961 Far Demand/Support Zone (75m): 24678.80 - 24745.50 Far Demand/Support Zone (Daily): 24523 - 24636 Far Support: 24444 (61.8% FIBO retracement of the last rally) Far Demand/Support Zone (Weekly): 23893.70 - 24367.50 Resistance Levels: Near Supply/Resistance Zone (30m): 25095.45 - 25130.50 Far Supply/Resistance Zone (75m): 25127.75 - 25198.60 (tested) Far Supply/Resistance Zone (Daily): 25235.80 - 25321.65
NSE:NIFTY
by PriteshPalan
Nifty Intraday Levels | 10-SEP-2024#Optionbuyers #Niftyoptionscalping 1️⃣ Zones you always Like:- 👉Green zone- Institutional support 👉Red zone - Institutional resistance 👉Gap between institutional zones is always of 100 points 👉Zone is created with the help of pivot points and Fibonacci 👉Advance version of price action 👉Trades based on Nifty future chart 2️⃣ Trade Execution:- 👉Trade based on order flow data 👉Timeframe - 1 min and 5 min 👉Risk Reward Ratio always 1:2 👉Strike price always ATM & slightly ITM 👉Maintain Position sizing according to your own method 3️⃣ House Rules in trading:- 👉Sharp at 9:15 AM 👉Priority to risk management 👉Fast execution (morning breakfast) 👉Stop-loss 10 points (strictly) #ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌 🙏FOLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view !
NSE:NIFTY1!
by ReviveTraders
Nifty Intraday Support & Resistance Levels for 10.09.2024On Monday, Nifty opened with a gap down, breaking below the near-demand zone but recovered to close at 24936.40. If Nifty breaks below Monday's low of 24753, we might see a decline toward 24636 or lower. On the upside, the major resistance zone is at 25128. The weekly trend (50 SMA) remains positive, while the daily trend (50 SMA) is sideways. Support Levels: Near Demand/Support Zone (Daily): 24523 - 24636 Far Support: 24444 (61.8% FIBO retracement level of the last rally) Far Demand/Support Zone (Weekly): 23893.70 - 24367.50 Resistance Levels: Near Supply/Resistance Zone (5m): 25049 - 25084 Far Supply/Resistance Zone (75m): 25127.75 - 25198.60 Far Supply/Resistance Zone (Daily): 25235.80 - 25321.65
NSE:NIFTY
by PriteshPalan
Nifty Intraday Support & Resistance Levels for 09.09.2024On Friday, Nifty opened a gap down due to negative global cues and heavy selling pressure, breaking the near-daily demand zone and entering the far-daily demand zone mentioned in the previous post. It closed at 24852.15, losing 293 points. If Nifty does not sustain above 24771, we may see a further decline towards 24523 - 24636 or even lower. The weekly trend (50 SMA) remains positive, while the daily trend (50 SMA) has shifted from positive to sideways. Support Levels: Near Demand/Support Zone (Daily): 24771 - 24859 (current price inside this zone) Far Demand/Support Zone (Daily): 24523 - 24636 Far Support (61.8% FIBO Retracement Level): 24444 Far Demand/Support Zone (Weekly): 23893.70 - 24367.50 Resistance Levels: Near minor Supply/Resistance Zone (15m): 24916 - 24959 Far Supply/Resistance Zone (5m): 25049 - 25084 Far Supply/Resistance Zone (75m): 25127.75 - 25198.60 Far Supply/Resistance Zone (Daily): 25235.80 - 25321.65
NSE:NIFTY
by PriteshPalan
Nifty Intraday Support & Resistance Levels for 06.09.2024On Thursday, Nifty opened with a gap up, entering the 15m supply zone (25260 - 25285) mentioned in the previous post. It dropped nearly 150 points from the day's high to 25127.75 before closing at 25145.10. Both the weekly trend (50 SMA) and daily trend (50 SMA) remain positive. Support Levels: Near Demand/Support Zone (Daily): 24964 - 25052 Near Demand/Support Zone (Daily): 24771 - 24859 Resistance Levels: Near Supply/Resistance Zone (5m): 25235 - 25258
NSE:NIFTY
by PriteshPalan
Nifty Intraday Support & Resistance Levels for 05.09.2024On Wednesday, Nifty opened with a gap down, breaking below the 30m demand zone and hitting a low of 25083.80. However, it recovered by the end of the day, closing at 25198.70. Both the weekly and daily trends (50 SMA) remain positive. As of now, GIFT NIFTY is trading 90 points higher, indicating the possibility of a gap-up opening today. Support Levels: Near Demand/Support Zone (Daily): 24964 - 25052 Near Demand/Support Zone (Daily): 24771 - 24859 Resistance Levels: Near Supply/Resistance Zone (15m): 25260 - 25285
NSE:NIFTY
by PriteshPalan
Nifty Intraday Support & Resistance Levels for 04.09.2024On Tuesday, Nifty opened with a gap up but failed to surpass the previous day's high, trading within a narrow range throughout the day and closing flat at 25279.85. The weekly trend (50 SMA) is overbought, and the daily trend (50 SMA) remains positive. Currently GIFT NIFTY is trading 200 points lower, indicating a potential gap-down opening today. Support Levels: Near Minor Demand/Support Zone (30m): 25117 - 25165 Near Demand/Support Zone (Daily): 24964 - 25052 Near Demand/Support Zone (Daily): 24771 - 24859 As of now, there's no supply zone visible on the chart.
NSE:NIFTY
by PriteshPalan
NIFTY Intraday Trade Setup For 4 Sep 2024NIFTY Intraday Trade Setup For 4 Sep 2024 Bullish-Above 25350 Invalid-Below 25300 T- 25492 Bearish-Below 25230 Invalid-Above 25280 T- 25025 NIFTY has closed on a flat note today. Nothing triggered as per trade setup so same levels are valid for tomorrow. Index was overall momentum less. This momentum less market will continue till VIX is below 15. Kindly avoid huge exposure in direction trading especially in option buying as market is dull. 25350 and 25230 are intraday levels for tomorrow. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 25350 then we will long for the target of 25492. For selling we need a 15 Min candle close below 25230. T- 25025. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
NSE:NIFTY
by Omahto
2
Nifty Intraday Levels | 3-SEP-2024#Optionbuyers #Niftyoptionscalping 1️⃣ Zones you always Like:- 👉Green zone- Institutional support 👉Red zone - Institutional resistance 👉Gap between institutional zones is always of 100 points 👉Zone is created with the help of pivot points and Fibonacci 👉Advance version of price action 👉Trades based on Nifty future chart 2️⃣ Trade Execution:- 👉Trade based on order flow data 👉Timeframe - 1 min and 5 min 👉Risk Reward Ratio always 1:2 👉Strike price always ATM & slightly ITM 👉Maintain Position sizing according to your own method 3️⃣ House Rules in trading:- 👉Sharp at 9:15 AM 👉Priority to risk management 👉Fast execution (morning breakfast) 👉Stop-loss 10 points (strictly) #ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌 🙏FOLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view !
NSE:NIFTY1!
by ReviveTraders
Nifty Intraday Support & Resistance Levels for 03.09.2024On Monday, Nifty opened with a gap up, hitting a new all-time high of 25333.65, which was also the open and high for the day, before closing at 25278.70. The weekly trend (50 SMA) is overbought, while the daily trend (50 SMA) remains positive. Support Levels: Near Minor Demand/Support Zone (30m): 25117 - 25165 Near Demand/Support Zone (15m): 25003 - 25047 Near Demand/Support Zone (Daily): 24771 - 24859 Near Demand/Support Zone (125m) for Weekly Trade: 24543 - 24605 Far Demand/Support Zone (75m) for Weekly Trade: 24204 - 24340 As of now, there are no supply zones visible on the chart.
NSE:NIFTY
by PriteshPalan
NIFTY Intraday Trade Setup For 3 Sep 2024NIFTY Intraday Trade Setup For 3 Sep 2024 Bullish-Above 25350 Invalid-Below 25300 T- 25492 Bearish-Below 25230 Invalid-Above 25280 T- 25025 NIFTY has closed almost on a flat note with slight gain of 0.17% gain today. It opened with 100 points gap up and did not sustain that. Index was overall momentum less. This momentum less market will continue till VIX is below 15. Kindly avoid huge exposure in direction trading especially in option buying as market is dull. 25350 and 25230 are intraday levels for tomorrow. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 25350 then we will long for the target of 25492. For selling we need a 15 Min candle close below 25230. T- 25025. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:NIFTY
by Omahto
Nifty Intraday Support & Resistance Levels for 02.09.2024On Friday, Nifty opened with a gap up, reaching a new all-time high of 25268.35 before closing at 25235.90. The weekly trend (50 SMA) has shifted from positive to overbought, while the daily trend (50 SMA) remains positive. Support Levels: Near Minor Demand/Support Zone (15m): 25003 - 25047 Near Demand/Support Zone (Daily): 24771 - 24859 Near Demand/Support Zone (125m) for Weekly Trade: 24543 - 24605 Far Demand/Support Zone (75m) for Weekly Trade: 24204 - 24340 Currently, there is no supply zone visible on the chart.
NSE:NIFTY
by PriteshPalan
NIFTY Intraday Trade Setup For 2 Sep 2024NIFTY Intraday Trade Setup For 2 Sep 2024 Bullish-Above 25270 Invalid-Below 25220 T- 25492 Bearish-Below 25190 Invalid-Above 25240 T- 25025 NIFTY has closed on a slight bullish note with 1.66% gain last week. Last week we kept weekly outlook sideways to bullish which worked more or less fine. Since it gave a fresh breakout of previous ATH this week. If at all a bearish candle will be formed in weekly TF, this will lead to a false breakout and a possible top in the coming days. 25270 and 25190 are intra levels for tomorrow. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 25270 then we will long for the target of 25492. For selling we need a 15 Min candle close below 25190. T- 25025. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:NIFTY
by Omahto
Nifty & Bank Nifty Analysis: Mixed Signals in the Final MinutesIn the last 30 minutes of yesterday's trading session, we saw a significant volume spurt in both NSE:NIFTY and NSE:BANKNIFTY , yet prices remained within a tight range. While NSE:NIFTY was trying to hold its ground with buyers stepping in, NSE:BANKNIFTY faced notable selling pressure. This divergence could be key in predicting tomorrow’s market movement. NSE:NIFTY managed to stay steady despite the volatility, suggesting that investors are cautiously optimistic about its prospects. The increase in volume without a substantial price change indicates a tug-of-war between bulls and bears. If NSE:NIFTY manages to break above its immediate resistance, we could see a bullish move. However, if it fails to maintain its support, a pullback could be on the cards. NSE:BANKNIFTY , however, showed visible selling in the final minutes, highlighting a lack of confidence in the banking sector. This selling pressure, coupled with the tight range, suggests that traders are uncertain about the near-term outlook. If NSE:BANKNIFTY breaks below its current support level, it could signal further downside risk. On the other hand, a recovery above resistance could reignite buying interest. What to Watch Tomorrow: With both indices ending the day in a tight range but showing different momentum, tomorrow's session could be pivotal. Watch for a breakout in NSE:NIFTY to confirm a bullish bias or a breakdown in NSE:BANKNIFTY to signal potential weakness. Global cues and overnight economic data will also play a crucial role in shaping market sentiment. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Always conduct your own research or consult with a professional before making any trading decisions.
NSE:BANKNIFTY
by Stable_Logic
Nifty Intraday Support & Resistance Levels for 30.08.2024On Thursday, Nifty experienced a highly volatile trading session, taking support twice at the 15m Demand zone (24988 - 25032) mentioned in the previous post. It reached a new All-Time High of 25192.90 before closing at 25151.95. The weekly trend (50 SMA) remains positive, and the daily trend (50 SMA) has turned positive from sideways. Support Levels: Near Minor Demand/Support Zone (15m): 25003 - 25047 Near Demand/Support Zone (Daily): 24771 - 24859 Near Demand/Support Zone (125m) for Weekly Trade: 24543 - 24605 Far Demand/Support Zone (75m) for Weekly Trade: 24204 - 24340 As of now, there's no supply zone visible on the chart.
NSE:NIFTY
by PriteshPalan