Get started

Niftyforecast

NIFTY Intraday Trade Setup For 4 Oct 2022NIFTY Intraday Trade Setup For 4 Oct 2022 Buy-Above 17060 Sl-17005 T-17200 17321 17472 Sell-Below 16745 Sl-16800 T-16591 16500 16400 NIFTY has closed inside the hourly range of 17200 and 16740 and an inside candle has been formed in daily charts. Last day we planned to short from the range high with the help of proper price action. We shorted below 17060 and it has given a move till 16856. We are likely to test range low below today's low. Range breakout is important now. Coming to tomorrow's trade setup, if index opens flat and a 15 Min candle closes above 17060 then we will long for the target of 17195. Above 17200 we will head higher. If a 15 Min candle closes below 16740 the n we will short for the target of 16591, 16500 and 16400. 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.
NSE:NIFTY
by Omahto
Nifty intraday levels for 04.10.2022Resistance Level: 17035.80 Support Level:16813.85 If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart If candles are sustaining between resistance and support levels, consider as neutral If candles are sustaining or break below support level , we can expect downside move and the targets will be fib retracement levels as per chart. Note: pls check my previous day idea for better understanding & how it works Please let me know in comment section if you have any queries and like the idea If you agree with the analysis. Disclaimer: Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
NSE:NIFTY
by AATHIE
Morning Mantra, 3rd October 2022Somehow or other, Nifty still seems to be in an indecisive mode as of now. Although fortunately just as we had stated on the last trading day about the current market sentiments being positive. Similarly on the same day itself, Nifty showed a beautiful recovery just after the announcement of the RBI policy and after crossing over our stated Resistance level of 16940. Well as of now, as per the daily and the weekly chart, we can observe some beautiful bullish reversal patterns. Which again is showing a strength in the market for the coming days. After Nifty managing to cross over 16940, the level of 17270 will be the next resistance level for the index. So until then, be quite cautious and stock specific. So, till then keep learning, keep investing. Happy Ashtami Happy Durga Puja! Nifty Levels 15270-15400-15580-15800 -16200-16350-16700-17300 -17800 -18100-18350 Nifty’s Previous Day Closing - 17094.35 (276.25) Regards, Alok Daiya
NSE:NIFTYLong
by alokdaiya
NIFTY Intraday Trade Setup For 03 Oct 2022NIFTY Intraday Trade Setup For 3 Oct 2022 Buy-Above 17200 Sl-17150 T- 17300 17473 Sell-Below 17060 Sl-17110 T- 16910 16750 NIFTY has closed on a positive note on Friday and formed a bullish engulfing candle in daily TF. Our TSl in shorts (triggered on 23 Sep) hit on Friday as per our plan (Last swing high in 15 TF). Trade gave more than 650 points gain(17400-16750). Now index has formed a range in hourly TF- 17200 and 16740. Breakout of this range will give us the next directional move. Initial expected move can be of 450-500 points. Coming to tomorrow's trade setup, if index opens flat and a 5/15 Min candle closes above 17197 then we will long for the target of 17321 and 17473. For selling we need a 15 Min candle closes below 17060. This will be considered only when there is range formed above 17060 for more than 30 Min or a pullback is needed before breakdown. Target will be 16710 and 16750. 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.
NSE:NIFTY
by Omahto
Nifty intraday levels for 03.10.2022Resistance Level:17176 Support Level:16918.90 If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart If candles are sustaining between resistance and support levels, consider as neutral If candles are sustaining or break below support level , we can expect downside move and the targets will be fib retracement levels as per chart. Note: Please check my previous day idea for better understanding & how it works Please let me know in comment section if you have any queries and like the idea If you agree with the analysis. Disclaimer: Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
NSE:NIFTY
by AATHIE
Morning Mantra, 30th September 2022Once again, we got to witness approx 400-450 points movement in Nifty in a single day, yesterday. Where after a beautiful gap up opening, we had seen a huge selling pressure in the Market. While on the other hand, some of the stocks, on a positive note are again indicating a price correction. Just as we had stated yesterday as well, as of now Nifty is behaving just like a teenager, by showing huge volatility. Well as per the current situation we are still bullish on Nifty, and suggesting for some Cherry Picking strategy with proper money management as per your risk appetite. As of now, 16940 will play a crucial Resistance level for Nifty. Happy Learning & Happy Festivals! Nifty Levels 15270-15400-15580-15800 -16200-16350-16700-17300 -17800 -18100-18350 Nifty’s Previous Day Closing - 16818.10 (-40.50) Regards, Alok Daiya
NSE:NIFTYLong
by alokdaiya
Nifty intraday levels for 30.09.2022Resistance Level: 16907.85 Support Level:16810.85 If candles are sustaining or break above resistance level, we can expect upside move and the targets will be fib retracement levels as per chart If candles are sustaining between resistance and support levels, consider as neutral If candles are sustaining or break below support level, we can expect downside move and the targets will be fib retracement levels as per chart. Note: pls check my previous day idea for better understanding & how it works Please let me know in comment section if you have any queries and like the idea If you agree with the analysis. Disclaimer: Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
NSE:NIFTY
by AATHIE
NIFTY Intraday Trade Setup For 30 Sep 2022NIFTY Intraday Trade Setup For 30 Sep 2022 Buy-Above 16885 Sl-16830 T-17000 17110 17200 Sell-Below 16775 Sl-16830 T-16694 16590 16500 NIFTY has closed once again on a negative note with minor cut of 0.24%. Today it opened with a big gap up. 10 o'clock range broke downside below 16955 and gave a smooth trendy move till 16790. It was the only best trade and did not give much noise. Today's closing is near day low. Below today's low index will slide towards 16590 and below. Also tomorrow is RBI credit policy so volatility will be there. Safe traders should avoid trading tomorrow. Coming to tomorrow's trades setup, if index opens flat and a 5 Min candle closes below 16785 then we will short for the target of 16694 and 16590, book max here and trail. For buying we need a 15 Min candle close above 16885. Upside target will be near 17000-50. Next targets will be near 17110 and near 17200. 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.
NSE:NIFTY
by Omahto
3
Morning Mantra, 29th September 2022 Good Morning! Currently, Nifty (16k,17k,18k) is somehow behaving like a teenager (16,17,18) behaves in the Festival Season. Full of volatility - emotionally and psychologically. Where after by a gap down opening of below our stated level of 16940, we saw an unsuccessful attempt by Nifty to cross over the stated level. Followed by a closing of near to the opening level of 16870. Altogether, this is how we observed the fight between the bull and the bear yesterday. Which is well reflected by the Doji pattern on the Day chart. (To know more about Doji and other Technical Chart Patterns in Aasaan Bhasha you can join our Gamification Course Today - Game of Hammer) Overall 500 points volatility in a single day, the Doji formation and the stock specific momentum is altogether indicating a price correction environment. So keep patience, keep learning and enjoy the festivals. Nifty Levels 15270-15400-15580-15800 -16200-16350-16700-17300 -17800 -18100-18350 Nifty’s Previous Day Closing - 16858.60 (-148.80) Regards, Alok Daiya
NSE:NIFTY
by alokdaiya
Nifty intraday levels for 29.09.2022Resistance Level: 16956.05 Support Level:16829.70 If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart If candles are sustaining between resistance and support levels, consider as neutral If candles are sustaining or break below support level , we can expect downside move and the targets will be fib retracement levels as per chart. Note: pls check my previous day idea for better understanding & how it works Please let me know in comment section if you have any queries and like the idea If you agree with the analysis. Disclaimer: Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
NSE:NIFTY
by AATHIE
1
NIFTY Intraday Trade Setup For 29 Sep 2022NIFTY Intraday Trade Setup For 29 Sep 2022 Buy-Above 17040 Sl-16990 T-17195 17321 Sell-Below 16820 Sl-16875 T-16694 16591 NIFTY has closed on a negative note once again with 0.87% cut. Today our 2nd target in sell side was hit (17400-16821), triggered on 23 Sep 2022. Last day we planned to short below 16940 but it opened with a gap down at our 1st target. 10 o'clock range broke upside @ 16951 and gave a move till 17037. The daily candle is a an inverted hammer which means that bulls tried to take charge but failed. Low of the inverted hammer should be safe and some bullishness will come above 17040. Coming to tomorrow's trade setup, if index opens flat and a 5 Min candle closes below 16820 then we will short for the target of 16694 and 16591, Book max here. For buying we need a 15 Min candle close above 17040. Target will be 17120, 17195. Above 17200 fresh upside move can be expected till 17321. 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.
NSE:NIFTY
by Omahto
Nifty50 on verge of completing wave 3Nifty50 Crucial levels for 29th Sep 2022 16929,16882 Support-16794,16740 Resistance-17008, 17292 Expect a bounce from the support region for the target near resistance levels. Disclaimer: Aditya Jain (INH000009588) & Minal Agrawal (INH000004626) are SEBI Registered Research Analyst. This is intended to provide general and preliminary information to investors/ traders and shall not be construed as the basis of any information decision or strategy. This content is intended to be used and must be used for informational purpose only. It is important to do your own analysis before making any investment based on your own personal circumstances.
NSE:NIFTY
by mindfulanalytics
Morning Mantra, 28th September 2022Good Morning! So finally yesterday, James Bond saved the market with the positive closing of above 17000, i.e., approx 17 "007". Also, we got to witness a beautiful stock specific momentum, yesterday. However, it is being expected that Today there will be a fight between the bull and the bear. Where, 16940 and 17200 will be the crucial range for the new direction of the Market. So, be cautious and be stock specific and try not to be so aggressive in the Market for any direction, as of now. Nifty Levels 15270-15400-15580-15800 -16200-16350-16700-17300 -17800 -18100-18350 Nifty’s Previous Day Closing - 17007.40 (-8.90) Regards, Alok Daiya
NSE:NIFTY
by alokdaiya
NIFTY Intraday Trade Setup For 28 Sep 2022NIFTY Intraday Trade Setup For 28 Sep 2022 Buy-Above 17120 Sl-17065 T-17195 17321 17431 Sell-Below 16740 Sl-16795 T-16869 16790 16590 NIFTY has closed on a flat note with less than 10 points cut. Today our 2nd target(16912) in sell side was almost hit (triggered @ 17400 on 23 Sep). Index has created a range in the last 2 sessions. Range is 17200 and 16940. Breakout of this range will give us the next intraday trade. Today market opened with a decent gap up and 10 o'clock range broke downside below 17030 and gave a move till 16943. Coming to tomorrow's trade setup, if index opens flat and a 15 Min candle closes above 17120 then we will long for the target of 17195 Above 17200 we will hit 17321 and 17431. For selling we need a 5 Min candle close below 16940. Target will be 16869, 16790. Below that we will head towards 16591. 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.
NSE:NIFTY
by Omahto
1
Nifty intraday levels for 28.09.2022Nifty Resistance Level: 17082.10 Support Level:16912.05 If candles are sustaining or break above resistance level, we can expect upside move and the targets will be fib retracement levels as per chart If candles are sustaining between resistance and support levels, consider as neutral If candles are sustaining or break below support level, we can expect downside move and the targets will be fib retracement levels as per chart. Please let me know in comment section if you have any queries and like the idea If you agree with the analysis. Disclaimer: Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
NSE:NIFTY
by AATHIE
Morning Mantra, 27th September 2022Good Morning! Yet another day of panic, where after a gap down opening yesterday, Nifty tried to take a support at 17000 with the beautiful attempt in the second half for 17200. But unfortunately failed in the last hour. Also a panic selling in across all the sectors was witnessed except in IT. Which is clearly indicating price correction. Moreover, against all the negative news, there was a positive factor that was observed in the Market yesterday, and that was the DII buying. In addition to the above, as per the current chart setup, the level of 17270 will now play a crucial role as a Resistance. While on the other hand, on a positive note we are expecting a bounce back at this current level of 17000 in Nifty. So, avoid any panic reaction, as of now. Nifty Levels 15270-15400-15580-15800 -16200-16350-16700-17300 -17800 -18100-18350 Nifty’s Previous Day Closing - 17016.30 (-311.05) Regards, Alok Daiya
NSE:NIFTY
by alokdaiya
NiftyThe global market indicates a positive start. Market nature is bearish to slightly bullish. Market may open a little bit gap-up. If the market breaks the previous day minor high, we will expect a minor pullback. min( nifty 38 to 50% and BN 23 to 38%. if the market rejects after that pullback, we will expect a trend continuation means, a minor 5th correctional wave. On the other hand, if the market takes consolidation after that pullback, that's a sign of pullback continuation). And second, if the market breaks the previous day low that's a sign of trend continuation.
NSE:NIFTY
by Manickamtraders
NIFTY Intraday Trade Setup For 27 Sep 2022NIFTY Intraday Trade Setup For 27 Sep 2022 Buy-Above 17200 Sl-17145 T-17323 17473 Sell-Below 16978 Sl-17030 T-16791 16591 NIFTY has closed on a negative note with 1.8% cut. Important range (18100-18400) broke downside on 23 Sep 2022 (Fri) and today it has given more than 400 points gain. (17400-16979). Keep trailing to previous day high to ride the move. It is likely test 16590 but keep strict trailing sl. Last day we planned to short below 17290 it was followed but it opened with a huge gap down. 10 o'clock range broke downside below 17025 and gave move till 16979. Coming to tomorrow's trade setup, if index opens flat and a 5 Min candle closes below 16978 then we will short for the target of 16700, 16791 and 16591. 16590 can act as a support, book max in this zone. For buying if a 15 min candle closes above 17197 then we will long for the target of 17323 and 17473. 17475-17500 can act as resistance. Keep a strict trailing method with RR in both side. 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.
NSE:NIFTY
by Omahto