Nifty 50 spot 24741 by Daily Chart view - Weekly updateNifty 50 spot 24741 by Daily Chart view - Weekly update
- Resistance Zone 24900 to 25150 of Nifty Index
- Rising Support Channel is yet acting as a resistance
- Support Zone now earlier was the Resistance Zone at 24450 to 24700 level
- Breakdown from Falling Resistance Trendline and Channel has strongly sustained
- Bearish Rounding Top pattern by Resistance zone neckline active, with index closure below it
Niftyindex
Nifty 50 spot 24,870.10 by the Daily Chart view - Weekly updateNifty 50 spot 24,870.10 by the Daily Chart view - Weekly update
- Support Zone 24450 to 24700 for Nifty Index
- Rising Support Channel sustaining in the supportive role
- Resistance Zone seen at 24900 to 25100 for Nifty Index Level
- Next Resistance Zone seen at 25375 to 25600 for Nifty Index Level
- Nifty Index formed Bearish Rounding Top, dose pretty much seems rejected by Resistance Zone with closure below it
- Basis Gap Up Opening done on 18th August, 2025, Nifty Index might just test Support Zone for closing Gap Up vacuum area
- Rest, let us HOPE FOR THE BEST TO HAPPEN, for the known fact that MARKETS ACT SUPREME ALL THE TIME, no matter what we propagate
Nifty50 Intraday Rebound-Sets Eyes For Long 🔍 Key Observations:
✅ A fresh Buy label has printed after a series of lower lows — suggesting potential momentum shift.
🔴 Previous Sell cluster accurately marked the swing high near 25,145 zone.
⚪ Price is still trading below the 200 EMA, but attempting to reclaim short-term trendlines.
🟫 Minor Liquidity Box indicates supply pressure ahead, aligning with previous structure resistance.
📊 Risk-to-reward suggests the move could extend towards 25,145.35, if price holds above 24,707.
🎯 Setup Summary:
Bias: Cautiously bullish, short-term retracement within broader downtrend
Target Zone: 25,145 – matching previous support turned resistance
Invalidation: Below 24,647 where recent demand may fail
🧠 Educational Insight:
This setup highlights a classic counter-trend bounce from oversold levels, often seen when market participants begin profit-taking or short-covering. Momentum confirmation is crucial beyond the red zone to validate follow-through.
⏱ Timeframe:
15-Minute (Intraday)
Nifty Intraday Analysis, Key Levels & Trade Plan for 14 Aug 2025Good Morning Traders,
Yesterday, Nifty maintained a bullish tone throughout the session, respecting the upward support trendline and closing near the higher levels. Price action stayed above key psychological support zones, hinting at buying interest on dips. Resistance near the 24,660 area acted as a hurdle, and today’s session will decide whether bulls can take control for higher targets or sellers will step in at resistance.
Important Levels for Nifty (15-Minutes Timeframe):
Intraday Support Zone: 24,583 – 24,536
Intraday Resistance Zone: 24,659 – 24,735
Buy Setup:
Buy above 24,659 if the level sustains for at least 15 minutes .
Targets: 24,735 / 24,794
Stop Loss: 24,612
Sell Setup:
Sell below 24,583 if the level sustains for at least 15 minutes .
Targets: 24,536 / 24,485
Stop Loss: 24,650
Trend Bias: Neutral-to-bullish above 200 EMA; bearish bias if price sustains below it .
Note: Levels are for reference. When a trade setup forms, I will update it in the live market, stay tuned .
Disclaimer: This analysis is for educational purposes only. Please do your own research or consult a financial advisor before trading .
Nifty 50 spot 24,363.30 by the Daily Chart view - Weekly updateNifty 50 spot 24,363.30 by the Daily Chart view - Weekly update
- Support Zone 23850 to 24100 for Nifty Index
- Resistance Zone 24450 to 24700 for Nifty Index earlier Support Zone
- Bearish Rounding pattern top for Nifty 50 Index from ATH 26277.35 to 24073.90 diff 2,203 points
- Nifty 50 Index took reversal from 21964.60 just tad above from expected low of 21870 by 2203 points
- Bearish Rounding Top has repeated from the recent high of 25669.35 to 24473 having a difference of 1196 points
- *Will the same downfall behavior happen and see history repeated for Nifty 50 Index going down till 23276 and then reverse upside*
- *Stock Markets Domestically and Globally, are bearing the brunt of adversely affecting and negatively playing Tariff Tantrum Trumpet*
Nifty 50 spot 24565.35 by the Daily Chart view - Weekly update*Nifty 50 spot 24565.35 by the Daily Chart view - Weekly update*
- Resistance Zone 24900 to 25100 of Nifty Index Level
- Support Zone 24450 to 24700 of Nifty Index level still seen sustained
- Bearish Rounding Bottom after ATH level seen repeated at current week closure
- Practical Bottom of *Bearish Rounding Bottom* from ATH 26277.35 came to 21,870.45 for Nifty index
- Practically Nifty 50 Index later took an upside reversal from 21964.60, which is a diff of just 94.15 points
- Practical Bottom of *Repeated Bearish Rounding Bottom* from recent high of 25669.35 on 30th June comes to 24473
- Should we anticipate the same behavior to see history repeat for Nifty to go down until 23276 and then take the reversal
Nifty 50 spot 25149.85 by the Daily Chart view - Weekly updateNifty 50 spot 25149.85 by the Daily Chart view - Weekly update
- Support Zone 24900 to 25100 Price Band, yet sustained
- Next Support Zone seen at 24325 to 24500 of the Nifty Index
- Resistance Zone 25860 to 26035 then ATH 26277.35 of Nifty Index levels
- Rising Price Channel Breakdown indicates probable weakness to see following
- Falling Resistance Trendline test might be seen coming up, by decent probability
- Nifty Index keeping within self drawn limits and shying away at each attempt towards 26000
Nifty 50 spot 25003.05 by Daily Chart view - Weekly UpdateNifty 50 spot 25003.05 by Daily Chart view - Weekly Update
- Support Zone 24675 to 24780 sustained by Nifty Index
- Nifty 50 Index Daily Chart Resistance Zone 25200 to 25450
- Breakout seems in progress from the descending triangle setup
- Gap UP Opening of 12-May-2025 of 225 odd points, needs closure sooner or later
- *Nifty 50 Index yet lagging well behind to create a New ATH unlike the Bank Nifty Index*
Nifty 50 Index spot 24924.70 today by the Daily Chart viewNifty 50 Index spot 24924.70 today by the Daily Chart view
Open 24420.10
High 24944.80
Low 24378.85
Close 24924.70
Gap Up Opening Difference 256 points
Todays Total Gains 565.95
Overall Total Points Gained 822 points 😃🙌🏼🤩🤝🏼😍👍🏼
* The Gap Up Opening today of 256 points will need to be closed sooner or later on for it might act as a vacuum created space to be filled in.
Nifty 50 Index spot 24008 by Daily Chart viewNifty 50 Index spot 24008 by Daily Chart view
- Resistance Zone 24675 to 24780 Nifty 50 Index Band
- Nifty is at Support Zone 23875 to 23975 Nifty 50 Index Band
- *Nifty having sustained above the Support Zone is bound to a bounce back by the cross border mellowed down situation*
- *The ongoing uncertainty of cross border situation has got some certainty of ceasefire so let us hope for the best to happen for a positive outcome over next week*
Nifty 50 Index spot 24346.70 by Daily Chart view - Weekly UpdateNifty 50 Index spot 24346.70 by the Daily Chart view
- Support Zone 23875 to 23975 Nifty 50 Index Band
- Resistance Zone 24675 to 24780 Nifty 50 Index Band
- Volumes are well in sync with the average traded quantity
- Nifty Index has sustained well above the immediate Support Zone at 23785 to 23975 and contained below Resistance Zone 24675 to 24780 over past 2 weeks
- Nifty Index is behaving erratically by jumping from positive to negative and vice versa between the days highs and lows over keeping an eye on the ongoing cross border uncertainty state and seems it is keeping submissive to fear factor
- Let us hope for the best to happen for a positive outcome over the coming days/weeks and foresee Nifty 50 Index to gradually and steadily progress towards the current ATH 26277.35 for a New ATH, in line with the Bank Nifty Index strides
Nifty 50 Index spot 24039.35 by Daily Chart view - Weekly UpdateNifty 50 Index spot 24039.35 by the Daily Chart view - Weekly Update
- Resistance Zone 24675 to 24780 Nifty 50 Index Band
- Volumes are in good sync with the average traded quantity
- Both the Falling Resistance Trendlines have been decently maintained todate
- Earlier Resistance Zone now a Support Zone at 23875 to 23975 Nifty 50 Index Band
- Bullish Double Bottom formed at the Support Zone neckline has yet sustained by Nifty Index
Nifty 50 spot 24781.30 by Hourly Chart viewNifty 50 spot 24781.30 by Hourly Chart view
- Intermediate Support Zone 24475 to 24525
- Resistance Zone 24750 to 24885 Price Band may become a Support Zone
- The Next Support Zone seen at 24300 to 24375 Price Band acting as H&S neckline
- Resistance Zone 24750 to 24885 Price Band needs to be crossed, closure sustained above it for continued upwards bullish transition
Nifty Intraday Levels | 6-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)
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BUDGET 2024: Technical Outlook & Money Flow in Different SectorsNSE IT SECTORS NSE:CNXIT
TREND: POSITIVE
India IT sector is currently on an upward trend.
After a bullish Pole & Flag pattern was spotted on the chart, a breakout occurred leading to a surge in index and the formation of a bullish Pennant pattern.
Encountering resistance at the 38,600 level, the IT index underwent a correction and consolidation phase.
During this consolidation, a Rounding Bottom pattern emerged, suggesting a potential continuation of the trend.
Since the breakout, the index has successfully maintained levels above the breakout point and is steadily climbing higher.
NSE FMCG SECTORS NSE:CNXFMCG
TREND: POSITIVE
The chart shows a strong uptrend.
In the past, there was a bullish Pole & Flag pattern formation, resulting in a surge after the breakout.
The index faced significant resistance at 58,000, causing a correction and consolidation.
A Cup & Handle pattern appeared emerged in the chart, suggesting a potential continuation of the trend.
The recent breakout in the cup & handle pattern suggests that the FMCG index has managed to stay above the breakout level and is gradually moving higher.
NSE METAL SECTORS NSE:CNXMETAL
TREND: NEGATIVE
The metal industry underwent a period of consolidation time and again in the past.
Reaching a peak near the 10,200 level, the metal index consolidated again, and a recent breakdown suggests a potential downward movement.
Looking at the downside, the 8,800 level could serve as a solid support, leading to a possible rebound in the index.
NSE MEDIA SECTOR NSE:CNXMEDIA
TREND: NEGATIVE
A bullish Ascending Triangle pattern was visible in the chart earlier.
Instead of breaking upwards, the index experienced a breakdown, marked by a powerful bearish marubozu candle.
Furthermore, the support level was breached, leading to a notable decline.
The index eventually found support and traded within a box pattern.
Following the breakout, the index rallied but encountered resistance at the former support level, now acting as a resistance post-breakdown.
It is anticipated that the Media index will continue to decline and potentially find support around the 1,750 level.
#NIFTY Intraday Support and Resistance Levels -15/07/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 24540 level and then possible upside rally up to 24660 level in today's session. in case nifty trades below 24490 level then the downside target can go up to the 24370 level.
NIFTY 50 IndexThere is no doubt that the Nifty Index has been bullish in the long term, but there are times the index takes a dip and thus we can take this opportunity to short it till the levels. The levels which I expect Nifty to drop are till 21900 in short term, the second target can be 21400, and if this level breaks in long term we can expect a further drop to 20650. Nifty is at all time high. If the price breaks above 23127 this idea will be invalidated.
Important - This is my personal analysis and should not be considered as financial advice, kindly do your research before placing any trades.
NIFTY : 19TH OCT#NIFTYINDEX, #NIFTY50
* NIFTY INDEX : RESISTANCE AT 17550 - STRONG SUPPORT AT 17000.
> After two day rally, Nifty may go for consolidation mode. Banking Sector rally may continue, that will make nifty to break 17600.
> Global Market seems to be in consolidation Mode or Profit Booking after huge rally for past 2 days.
* NIFTY TECHNICAL : NEUTRAL , HUGE GAP UP WILL BE DIFFICULT TO SUSTAIN UNTILL ANY POSITIVE NEWS.
AT 17500 OI : CALL - 85 L
PUT - 52 L.
* SECTOR TO WATCH : BANKING, AUTO
DAILY CHART : RESISTANCE AT 17550 .
STOCKS TO WATCH : #TATAPOWER, #CANBK, #SBIN #AUBANK, #FEDERALBANK.
Canara bank and Sbi both made huge rally, with expecting positive report from q2 result. After result, profit booking may happen.
Simple Trade Setup | NIFTY | 07-02-2022 [INTRADAY]NSE:NIFTY
Trade Setup for 07-02-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.