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Niftyintradaylevels

Nifty daily analysis for 18/10/23.Nifty is still unable to trade above the resistance levels of 19850. After a gap up opening the market came for selling and consolidated around the level. There was a sell off in the second half, taking support around the support level as well as the 20 ema on the hourly charts. Market gave a nice move but there was no follow through in the markets. The markets are holding on the higher levels which signifies there will be a break out trade in the coming days. Of the major trend the market has crossed and sustain above the 50% fibonacci level but it is unable to test 61.8% levels. On the 15 minute charts, the market tried to sustain the higher levels and in the second half it started trading below the 20 ema. Support :- 19780, 19730 Resistance :- 19840, 19900 Wait for the price action near the levels before entering the market.
NSE:NIFTY
by TheMamboMomentum
Nifty Intraday Prediction Levels for 16 Oct 2023Nifty Intraday Prediction Levels for 16 Oct 2023 The chart indicates 15 min time frame. These Levels act as Support or Resistance according to price. They are strictly for Intraday Trading only. Execution only after break and close above the Resistance zone or below the Support zone. Major Resistances- 19795,19840,19890,19950,… Major Supports-19690,19640,19600,19580,19540,19480,19450,19425,19390,19360,19340,… These levels act as support and resistance. You have to trade according to level breakout or breakdown. First target is immediate next level. When first target is achieved go for the next one and so on. If You are a new trader then just watch ( No Trade) these levels for some days. Happy trading. Disclaimer: I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
NSE:NIFTY
by suraranjanganguli
NIFTY Intraday Trade Setup For 17 Oct 2023 || Daily AnalysisNIFTY Intraday Trade Setup For 17 Oct 2023 Bullish-Above 19810 Invalid-Below 19760 T- 19915 20030 Bearish-Below 19690 Invalid-Above 19740 T- 19605 19515 NIFTY has closed almost on a flat note with a minor cut of 0.1% today. It opened flat and triggered sell which hit sl. Momentum was sideways throught the day. It has formed an inside candle in daily TF at a random place so its a sign of sideways. It looks that sideways momentum is likely to continue for few sessions. Tomorrow 19810 and 19690 are key levels to look for breakout. Be very strict with trailing in this sideways market. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 19810 then we will long for the target of 19915 and 20030. For selling we need a 15 min candle close below 19690. T- 19605 and 19515. 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
1
Nifty daily analysis for 17/10/23.Nifty on the daily charts has formed an inside candle and closed flat forming a doji candle. It consolidated in a narrow range of 60 points after the first hour candle. There were no movement in the index. On the hourly charts, nifty traded around the 20 ema and closed between both the moving averages. Markets are not giving any option buying opportunity in the market. It is consolidating and moving in a sideways trend after gap up or gap down opening. The closing range of the market is getting smaller and a trending move can be seen in the coming days. Support :- 19720, 19670 Resistance :- 19780, 19840 Nifty has not given a significant move in recent which is a good thing for a powerful break out or break down. Wait for the price action near the levels before entering the market.
NSE:NIFTY
by TheMamboMomentum
NIFTY Intraday Trade Setup For 16 Oct 2023 || Daily AnalysisNIFTY Intraday Trade Setup For 16 Oct 2023 Bullish-Above 19810 Invalid-Below 19760 T- 19910 20030 Bearish-Below 19725 Invalid-Above 19775 T- 19635 19530 NIFTY has closed on a slight bullish note with 0.5% gain last week. 19850 is the hourly resistance, breakout will initiate another long leg of rally while we picked it from 19500 last week with 0.5% retracement. Important hourly levels to be watched for breakout are 19850 in the upside and 19630 in the downside. 19420 and 20030 are important support and resistance. High probability trade looks in the upside on Friday's closing basis. Coming to Monday's trade setup, if index opens flat and a 15 min candle closes above 19810 then we will long for the target of 19910 and 20030. For selling we need a 15 Min candle close below 19725. T- 19635 and 19530. 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
Nifty weekly analysis for 16/10/23.Nifty on the weeekly charyts has given a nice bullish candle and has closed around 100 points higher. After the gap up opening on Monday due to the international news it recovered and took support from 50% fibonacci level. It is holding the higher levels but is still trading below the major resistance level of 19900. On the daily charts, there are gap up and gap down and nifty has closed above the 20 ema. No clear view is there in the market. Less option buying opportunities are there. Last 2-3 weeks has been for option seller as it is trading in a range. The markets have consolidated and a break out/down can be seen with a proper follow through in the markets. On the hourly charts, it took support around the 200 ema and closed between both the moving averages. Nifty consolidated for 2 days in a range and took the opportunity as it opened gap down. Major Support :- 19250-300 Resistance :- 19840-900 For intraday trading levels. Support :- 19730, 19670, 19580 Resistance :- 19780, 19840 Wait for the price action near the levels before entering the market.
NSE:NIFTY
by TheMamboMomentum
Nifty Intraday Prediction Levels for 13 Oct 2023Nifty Intraday Prediction Levels for 13 Oct 2023 The chart indicates 15 min time frame. These Levels act as Support or Resistance according to price. They are strictly for Intraday Trading only. Execution only after break and close above the Resistance zone or below the Support zone. Major Resistances- 19825,19855,19900,19940,19965,20040,… Major Supports- 19730,19690,19650,19600,19580,19540,… These levels act as support and resistance. You have to trade according to level breakout or breakdown. First target is immediate next level. When first target is achieved go for the next one and so on. If You are a new trader then just watch ( No Trade) these levels for some days. Happy trading. Disclaimer: I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
NSE:NIFTY
by suraranjanganguli
Nifty Intraday Prediction Levels for 12 Oct 2023Nifty Intraday Prediction Levels for 12 Oct 2023 The chart indicates 15 min time frame. These Levels act as Support or Resistance according to price. They are strictly for Intraday Trading only. Execution only after break and close above the Resistance zone or below the Support zone. Major Resistances- 19820,19835,19842,19660,… Major Supports- 19792,19767,19745,19700,.. These levels act as support and resistance. You have to trade according to level breakout or breakdown. First target is immediate next level. When first target is achieved go for the next one and so on. If You are a new trader then just watch ( No Trade) these levels for some days. Happy trading. Disclaimer: I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
NSE:NIFTY
by suraranjanganguli
Nifty daily analysis for 13/10/23.What a weekly expiry this has been? Nifty on the weekly expiry remained a 50-60 points range and closed 19 points lower. On the hourly charts, the market remained in the first hour candle and closed above both the moving averages. Today expiry was for option seller and total time decay was the gain as there was no opportunity for the option buyer. On 15 minutes charts, it traded around the 20 ema and closed just below the levels. Support :- 19770, 19720 Resistance :- 19840, 19900 Wait for the price action near the levels before entering the market.
NSE:NIFTY
by TheMamboMomentum
Nifty Intraday Prediction Levels for 11 Oct 2023Nifty Intraday Prediction Levels for 11 Oct 2023 The chart indicates 15 min time frame. These Levels act as Support or Resistance according to price. They are strictly for Intraday Trading only. Execution only after break and close above the Resistance zone or below the Support zone. Major Resistances- 19710,19724,19750,19790,19840,… Major Supports- 19670,19650,19630,19600,19580,19550,… These levels act as support and resistance. You have to trade according to level breakout or breakdown. First target is immediate next level. When first target is achieved go for the next one and so on. If You are a new trader then just watch ( No Trade) these levels for some days. Happy trading. Disclaimer: I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
NSE:NIFTY
by suraranjanganguli
Nifty weekly expiry analysis for 12/10/23.Nifty held on to the higher levels while banknifty gave away the points after a gap up opening. It gained some points after a gap up opening and consolidated after the first hour move in a 50 points range whole day. There is a bullish moving averages cross over, on the hourly charts, closing above both the moving averages. On 15 minutes time frame, market took support from the 20 ema and has closed above it. Tomorrow is nifty weekly expiry and it has closed around higher levels. There are chance of another gap up as the closing suggest. Support :- 19770, 19720 Resistance :- 19840, 19900 Nifty is showing positive sentiment in Indian market and can retest the recent high in coming weeks. Wait for the price action near the levels before entering the market.
NSE:NIFTY
by TheMamboMomentum
Nifty Intraday Prediction Levels for 10 Oct 2023Nifty Intraday Prediction Levels for 10 Oct 2023 The chart indicates 15 min time frame. These Levels act as Support or Resistance according to price. They are strictly for Intraday Trading only. Execution only after break and close above the Resistance zone or below the Support zone. Major Resistances- 19478,19456,19425,19392,19363,19339,19250,… Major Supports- 19530,19555,19585,19610,19650,19700,… These levels act as support and resistance. You have to trade according to level breakout or breakdown. First target is immediate next level. When first target is achieved go for the next one and so on. If You are a new trader then just watch ( No Trade) these levels for some days. Happy trading. Disclaimer: I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
NSE:NIFTY
by suraranjanganguli
NIFTY Intraday Trade Setup For 10 Oct 2023 || Daily AnalysisNIFTY Intraday Trade Setup For 10 Oct 2023 Bullish-Above 19590 Invalid-Below 19540 T- 19693 19800 Bearish-Below 19480 Invalid-Above 19530 T-19368 19270 NIFTY has closed on a bearish note with 0.72% cut , it was contributed by the Mid East issue. In the weekend itself we expected a down move as per 0.382 in hourly TF 0.85% effect in 15 Min TF. 19500 was projected as a strong support. Today 19500 was respected and it bounced till 19588 vigorously. Later it just consolidated between 10 o'clock range and it was untouched. Tomorrow we will be neutral and take action on 19590 and 19480 breakout. Coming to Tuesday's trade setup, if index opens flat and a 15 min candle closes above 19590 then we will long for the target of 19693 and 19800. For selling we need a 15 min candle close below 19480. T- 19368 and 19270. 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
Nifty Intraday Prediction Levels for 9 Oct 2023Nifty Intraday Prediction Levels for 9 Oct 2023 The chart indicates 15 min time frame. These Levels act as Support or Resistance according to price. They are strictly for Intraday Trading only. Execution only after break and close above the Resistance zone or below the Support zone. Major Resistance- 19693,19745,19790,… Major Support- 19618,19583,19548,19500,19485,19452,19390,… These levels act as support and resistance. You have to trade according to level breakout or breakdown. First target is immediate next level. When first target is achieved go for the next one and so on. If You are a new trader then just watch ( No Trade) these levels for some days. Happy trading. Disclaimer: I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
NSE:NIFTY
by suraranjanganguli
NIFTY Intraday Trade Setup For 09 Oct 2023 || Daily AnalysisNIFTY Intraday Trade Setup For 09 Oct 2023 Bullish-Above 19680 Invalid-Below 19630 T- 19800 19901 Bearish-Below 19600 Invalid-Above 19650 T- 19500 19420 NIFTY has closed on a an absolute flat note this week, just like previous one. It has formed a pinbar candle in weekly TF indicating a bullish momentum. For me this will be confirmed when we get a Bullish price structure in daily TF which will be updated here. Now if you observe since 22 Sep high it is following one pattern which is 0.85% retracement and then a fall. On Friday it has tested the same level so as per current behaviour we can expect a drop with a confluence of volume profile, initially 50% will be an ideal pullback from bottom. Incase if we break 19680 then this behaviour/pattern will be void. 19800 and 19500 are going to be intraday resistance and support for the next session. Coming to Monday's trade setup, if index opens flat and a 15 min candle closes above 19680 then we will long for the target of 19800 and 19900 zone. For selling we need a 15 min candle close below 19600. T- 19500 and 19420. 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
NIFTY Intraday Trade Setup For 09 Oct 2023 || Weekly OutlookNIFTY Intraday Trade Setup For 09 Oct 2023 Bullish-Above 19680 Invalid-Below 19630 T- 19800 19901 Bearish-Below 19600 Invalid-Above 19650 T- 19500 19420 NIFTY has closed on a an absolute flat note this week, just like previous one. It has formed a pinbar candle in weekly TF indicating a bullish momentum. For me this will be confirmed when we get a Bullish price structure in daily TF which will be updated here. Now if you observe since 22 Sep high it is following one pattern which is 0.85% retracement and then a fall. On Friday it has tested the same level so as per current behaviour we can expect a drop with a confluence of volume profile, initially 50% will be an ideal pullback from bottom. Incase if we break 19680 then this behaviour/pattern will be void. 19800 and 19500 are going to be intraday resistance and support for the next session. Coming to Monday's trade setup, if index opens flat and a 15 min candle closes above 19680 then we will long for the target of 19800 and 19900 zone. For selling we need a 15 min candle close below 19600. T- 19500 and 19420. 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
NIFTY Intraday Trade Setup For 06 Oct 2023 | Daily AnalysisNIFTY Intraday Trade Setup For 06 Oct 2023 Bullish-Above 19580 Invalid-Below 19530 T- 19685 19800 Bearish-Below 19515 Invalid-Above 19565 T- 19427 19335 NIFTY has closed on a positive note with 0.56% gain today although it is contributed by gap up. It opened with a big gap up and just went in range of 90 points for the whole day. As per trade setup 10 o'clock range was to be used and the range broke downside below 19508 which hit a sl of 25 points. Then range broke upside ended at cost. Tomorrow 19580 and 19515 are important levels to look for breakout in 15 Min TF. 19427 is going to be a gap support tomorrow. Coming to Friday's trade setup, if index opens flat and a 15 min candle closes above 19580 then we will long for the target of 19685 and 19800. For selling we need a 15 Min candle close below 19515. T- 19427 and 19335. 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
Nifty Intraday Prediction Levels for 6 Oct 2023Nifty Intraday Prediction Levels for 6 Oct 2023 The chart indicates 15 min time frame. These Levels are strictly for Intraday Trading only. Execution only after break and close above the Resistance zone or below the Support zone. Resistance- 19570 Support- 19523, 19500 These levels act as support and resistance. You have to trade according to level breakout or breakdown. First target is immediate next level. When first target is achieved go for the next one and so on. If You are a new trader then just watch ( No Trade) these levels for some days. Happy trading. Disclaimer: I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
NSE:NIFTY
by suraranjanganguli