Nifty on 19-01-2023. Follow me how institution may trap you✌️✌️✌Market may open flat and after getting rejected and creating lower low situation after touching the supply zone(18211-18250) the then go for short and try to take till all the demand zone using trailing sl. See the image above to have a clear view. If you didn't understand then comment down below.
Niftyindia
Nifty Confirm Levels For Day Trading 19012023 Key Support And Resistance For Nifty Trading
Support Zones For nifty Intraday Trading
First Support Zone For nifty50 – 18010 - 18020
Second Support Zone For nifty50 – 17910 - 17920
Third Support Zone For nifty50 – 17790 - 17775
Resistance Zones For Nifty50 Intraday Trading
First Resistance Zone For Nifty – 18170 - 18180
Second Resistance Zone For Nifty – 18286 - 18300
Third Resistance Zone For Nifty – 18445 - 18455
Importent Signal from Nifty Option Chain
PCR ratio as per Option Chain Analysis – 1.4 ( Bulish / OverBought )
Max Pain As per Option Chain Analysis – 18100
Major Support as Per Nifty Open Interest Analysis – 18000
Major Resistance as Per Nifty Open Interest Analysis – 18300
#NIFTY Intraday Support and Resistance Levels - 18/01/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 18100 level and then possible upside rally up to 18200 in today's session. in case nifty trades below the 18050 level then the downside target can go up to the 17930 level.
#NIFTY Intraday Support and Resistance Levels - 17/01/2023Nifty will be gap down opening in today's session. After opening nifty sustain below 17900 level and then possible downside rally up to 17770 in today's session. in case nifty trades above the 17950 level then the upside target can go up to the 18050 level.
Simple analysis go long for nifty if ....otherwise ..Tommorow go long when nifty form higher high from the marked zone
which is 17810.
sl will be 17756
target will be 18111
otherwise avoid because tommorow will be a
trending day
Note:-
** big sl like 70-80 or 100 pts should be avoided for tommorow
** sl for tommorow must be at 17756 if this level doesn't breach before the taking trade.
if sl level is breached or nifty create any small swing or a wick then the sl will be that swing low or wick but don't use more than 60-70 points.
🥲😅Market is supreme,this became true today for me again🤗Yesterday i posted an analysis of mine in nifty which came 100% correct today booked half quantity of nifty also like banknifty which i told in another post which is in my profile. Now waiting for next targets hope for the best if achvied then will let you soon and if needed i will post another analysis if sudden reversal happens by any news but i think which not gonna happen.
#NIFTY Intraday Support and Resistance Levels - 16/01/2023Nifty will be slightly gap up opening in today's session. The expected opening above the 17950 level and the 17950 to 18100 level is the consolidation range and if nifty breaks the 18100 level this level then the possible upside go up to 18130+ in today's session. in case nifty trades below the 17950 level than possible downside rally up to 100-200 points.
Nifty Weekly - Descending triangle breakout may happen this weekNifty is currently in a bearish descending triangle pattern with the base forming at 17760-17800 region. This region has acted as a support and resistance multiple times and was also the gap area where from Nifty got to its all time highs. It is also the 50% retracement area for Swing high of 18887 to Swing low of 16747.
Bullish theory: -
On Fri Nifty once again took support from the base area and then took off and reached 18k. For a bullish move to continue, on Monday Nifty needs to sustain itself above the triangle trendline and then effectively takeout the last Swing high of 18141. It is also the weekly doji high which provides an added confirmation that if Mon close happens above this level or close to it then NIfty can be very bullish in the near term.
Bearish theory: -
Currently far away from Nifty is the base area of 17760 to 17795. But if Nifty is unable to sustain itself above the descending triangle and is not able to take out 18141, then it can come back to retest this area and perhaps this time it will break through this area as 3/4th of triangle is already completed and that signals a trend change either way.
This week could see a lot of movement in Nifty as it has been stuck in a range for over a month now. Happy Trading and Best of Luck!!
Disclaimer - This is not trade recommendation or advice. This is purely for educational purposes. Do your own research before entering into a trade.
NIFTY50 FOR MONDAY(16/01/2023) M pattern Hello ji,
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Here is today we make money in both index.
Support and resistance levels are drown.
On monday maybe "UPSIDE" move but strong resistance levels of 18000.
enjoy weekend 🙏
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#NIFTY Intraday Support and Resistance Levels - 13/01/2023Nifty will be slightly gap up opening in today's session. After opening nifty sustain below 17900 level and then possible downside rally up to 17800 in today's session. in case nifty trades above the 17950 level then the upside target can go up to the 18050 level.
NIFTY 50 💚💚💚Hello ji,
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Tomorrow will big day because of India CPI result comes out at 5PM yesterday.
Here I profit 25000/- only.
We can also make profit easily.
Here I drown support and resistance levels
thank you🙏🙏🙏
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#NIFTY Intraday Support and Resistance Levels - 12/01/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 17950 level and then possible upside rally up to 18050+ in today's session. in case nifty trades below the 17900 level then the Short target can go up to the 17800 level.
FASP levels for Nifty 11/01/2023The FASP for Nifty is listed for 12-1-2023 . You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: 1 Day
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
#NIFTY Intraday Support and Resistance Levels - 11/01/2023Nifty will be slightly gap up opening in today's session. After opening nifty sustain above 17900 level and then possible upside rally up to 18050+ in today's session. in case nifty trades below the 17850 level then the Short target can go up to the 17750 level.
Nifty - Data shows bearishness but need to be careful for shortData is showing bearishness with PCR at 0.5 and FIIs have shorted 40k calls and bought 58k Puts today. Inclination is to short if it opens higher or flat and goes down but Nifty is forming higher lows and RSI is also not in favour at the moment.
One needs to be extremely cautious if going short. PCR at 0.5 or below denotes extreme bearishness and can trigger short covering similar to one witnessed on Monday.
Disclaimer - This is not trade recommendation or advice. This is purely for educational purposes. Do your own research before entering into a trade.
#NIFTY Intraday Support and Resistance Levels - 10/01/2023Nifty will be flat opening in today's session. The expected opening above the 18100 level and the 18100 to 18140 level is the consolidation range and if nifty breaks the 18140 level this level then the possible upside go up to 18250+ in today's session. in case nifty trades below the 18100 level than possible downside rally up to 100-200 points.
FASP levels for Nifty 10/01/2023The FASP for Nifty is listed for 10-1-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: 1 Day
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
#NIFTY Intraday Support and Resistance Levels - 09/01/2023Nifty will be gap up opening in today's session. The expected opening above the 17980 level and the 17970 to 18000 level is the consolidation range and if nifty breaks the 18000 level this level then the possible upside go up to 18100+ in today's session. in case nifty trades below the 17970 level than possible downside rally up to 100-200 points.