#NiftyGood morning! As of July 19th, the global market is showing a positive start (GIFT Nifty +5) with a moderate bullish market sentiment. There is a possibility of a slight gap-up opening. If the market sustains its structure, we can expect a range market to continue rallying. On the other hand, if the initial market experiences a sharp decline, we can anticipate a minor correction.
Niftyintradaylevels
18 Jul ’23 Post Mortem on Nifty - Reliance's impact on nifty50?Nifty50 had a surprising comeback today, we opened gap up and then there was a strong rally till 11.05 where we set a new all time high of 19819.45. From 11.05 to 12.05 we had a decent fall of 129pts ~ 0.65%.
Surprisingly the falling stopped right there and we bounced back quite strong. NiftyIT took part in the rally post 13.30 which helped Nifty stay green. BankNifty was not that supportive though (we will discuss in detail below).
Today’s price action shows someone will come up to support nifty in its pursuit, if the banks fail, IT supports. If IT underperforms then RELIANCE or ITC will support. The last 800pts rally would have really sucked the soul out of the bears. No matter what they do, they cannot push down the prices.
I was waiting for Nifty to fall below the 19600 to go short, I did not want to go long because I was scared of heights 🙂. How Reliance demerger will plan out on 19th July is another question. The current stock value of Reliance is considered as the sum of reliance + jio financials. On 19th both the entities will be delisted and on 20th only reliance will be relisted. So whatever price difference between the closing price of 19th and pre open price of 20th is considered the share price & percentage of Jio financials.
In an ideal case Nifty50 index should take a big hit - I am yet to find out how they are hard coding to prevent this from happening. Thats because Jio Financials as a separate entity is not eligible to be part of Nifty50 & Reliance will have a reduced market cap & pricing which should create outflows.
The hourly chart is looking bullish and no worries so far. I am so inclined to be a contrarian and take a short position near the 19600 levels, not because I am bearish but because I am so shocked to see this rally. Believe a profit booking is overdue.
NIFTY & BANK NIFTY Prediction For Tomorrow | 19 July
nifty prediction,nifty prediction for tomorrow,bank nifty tomorrow prediction,bank nifty,nifty,nifty analysis,banknifty options for tomorrow,nifty tomorrow,bank nifty analysis,banknifty tomorrow,bank nifty analysis for tomorrow,bank nifty tomorrow analysis,bank nifty prediction for tomorrow,bank nifty tomorrow,live trading bank nifty,bank nifty outlook,live trading banknifty nifty options,bank nifty live,nifty tomorrow prediction,banknifty
The purpose of this channel is to spread knowledge and awareness about the Stock Market for free. We do extensive fundamental and technical analysis and give recommendations solely based on our research.
Topics covered :
stock market india, stocks to buy now, stock market live, nifty tomorrow, share market me paise kaise lagaye, shares to buy today, shares to buy tomorrow, stock market for beginners, stock market news, full time trader kaise bane, trading for beginners, trading tips, trading, breakout trading strategy, breakout stocks for tomorrow, breakout stocks, breakout trading, breakout strategy, swing trading, swing trading strategies, swing trading for beginners, nifty, bank nifty, trading in hindi, hindi, how to stocks for beginners, how to trade, trading kaise kare in hindi, trading kaise kare, trading kaise kiya jata hai, trading karne ka tarika, how to start share market, how to make money online
Disclaimer: We are not SEBI registered. All the content (videos, comments, posts, community posts, live streaming, etc) of this channel is for educational and informational purposes only, Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions.
FASP levels for Nifty 19/07/2023The FASP for Nifty is listed for 19-07-2023. 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 Trade Setup For 19 Jul 2023NIFTY Intraday Trade Setup For 19 Jun 2023
Buy-Above 19780
Sl-19730
T- 19905 20005
Sell-Below 19690
Sl-19740
T- 19555 19460
NIFTY has closed almost on a flat note with some positive gains of 0.19%. It opened with a decent gap up but first target was achieved as per the trade setup. Later 10 o'clock range broke downside below 19738 and gave small gain of 40+ points gain. Moreover it was a sideways market, made a spinning top candle in daily TF. Below today's low we can expect decent down move in intraday. Sustaining above 19780 can initiate the mother trend.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 19780 then we will long for the target of 19705 and 20005.
For selling we need a 15 Min candle close below 19690. T- 19555 and 19460.
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.
#NIFTY Intraday Support and Resistance Levels - 18/07/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19750 level and then possible upside rally up to 19870 in today's session. in case nifty trades below 19700 level then the downside target can go up to the 19580 level.
#nifty"Good morning! As of July 18th, the global market is showing a neutral start (GIFT Nifty +6) with a bullish market sentiment. There is no significant difference compared to the last session. There is a possibility of a slight gap-up opening. If the market sustains its structure, we can expect a rally continuation with minor corrections. On the other hand, if the initial market experiences a sharp decline, we can anticipate a minor correction."
Nifty heading for 20k. Daily analysis for 18/07/23Nifty has given a break out of the parallel channel and is ready to touch 20k levels soon.
Bullish trades for positional trade in august series can be carried now.
Index from the first hour was in the bullish move and carried the momentum through out the day and gave a nice move in the closing hour of the market.
Nifty has given a 146 points gain in a day and a flag and pole pattern break out can give nice rally.'
Support :- 19660, 17520
Resistance :- 19875(fib level)
DJI is also trading around the resistance levels and can give a break out today. The break out of the resistance levels can help Indian market touch new highs. Watch the global markets in the morning as trend can be confirmed.
Wait for the price action near the levels before entering the market.
NIFTY Intraday Trade Setup For 18 Jul 2023NIFTY Intraday Trade Setup For 18 Jul 2023
Buy-Above 19735
Sl-19685
T- 19815 19905
Sell-Below 19645
Sl-19695
T- 19555 19460
NIFTY has closed on a bullish note once again with 0.75% gain today. Last day a trendline was plotted and was said that a pullback is need, small or big does not matter. Then buy triggered as per trade setup above 19600 and hit 1st target EOD (19600-19731+). Our swing long position from 18460 is still intact. Above 18900 we have opted PDL as TSL. If a daily candle closes below PDL and that red candle's low is breached then we will exit longs. However we are at striking distance to an important psychological level- 20000.
Coming to Tuesday's trade setup, if index opens flat and a 15 min candle closes above 19735 then we will long for the target of 19815 and 19905.
For selling we need a 15 min candle close below 19645. T- 19555 and 19460.
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.
17 Jul '23 Post Mortem on Nifty 130pts up after 11.25Remember how we closed on Friday? — up 110pts in 30mts. I seriously thought we would be seeing some profit booking today. So I carefully watched the opening price levels and exited my long position by 11.10.
All the trading indicators, technicals were saying more bullishness for nifty50. Even the options flow indicated the same. At 11.10 Nifty was looking bullish & banknifty was showing only sideways movement.
2 major global news hit the market
China’s lower GDP
Russia not extending the Ukraine grain deal
On a normal day, similar news could paint the markets in red & I did not want to take a risk, that is why I sold off the long position by 11.10 and waited on the sidelines.
It turned out to be a disaster, nifty went up another 129pts ensuring my position would have returned 750% returns if I hung on. The rally was kick started by Reliance & then HDFCBK joined the party with impressive Q1 results.
The chart, moving averages & other technical indicators are all showing immense bullishness now also. However I wish to stay out of this party for this expiry week.
NIFTY Intraday Trade Setup For 17 Jul 2023NIFTY Intraday Trade Setup For 17 Jul 2023
Buy-Above 19600
Sl-19550
T- 19705 19802
Sell-Below 19480
Sl-19530
T- 19384 19300
Yet another bullish week added in our gains in NIFTY. It closed with 1.2% gain last week. Our swing long position from 18460 is still intact. Above 18900 we opted PDL as TSL. If a daily candle closes below PDL and that red candle's low is breached then we will exit our long. Till then ride the momentum till it is. There will be a chance of reversal only when our TSL is hit. So there is no point in contra view. A trendline has been plotted on 15 Min TF, post rejection it will be a breakout.
Coming to Monday's trade setup, if index opens flat and a 15 min candle closes above 19600 then we will long for the target of 19705 and 19802.
For selling we need a 15 Min candle close below 19480. T- 19384 and 19300.
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.
Nifty trade Setup for 17-07-2023Nifty Important intraday levels to watch for 17-07-2023
#Support: 19520
Short if candle closes below 19560 for scalping only with a tight stoploss and agressive short if candle closes below 19520
#resistance: 19595
Long if candle closes above 19595
#Targets on downside after break of support.
Target 1= 19420
Target 2= 19370
#Targets on upside after break of resistance.
Target 1= 19660
Target 2= 19700-710
Follow us for more such information and educational ideas. Give it a like if you appreciate the idea.
Queries will be answered in comment section.
#Nifty"Good morning, friends! First of all, I'm really sorry. In recent days, I've had a little bit of trouble predicting the market's opening. That's my mistake, as I couldn't anticipate the GIFT Nifty movements and other result factors. So please bear with me, and I promise I will do my best.
As of July 17th, the global market is showing a neutral start with a moderately bullish market sentiment. There is a possibility of a slight gap-up opening. If the market sustains structurally, we can expect a rally continuation with minor corrections. On the other hand, if the initial market experiences a sharp decline, we can expect a range market correction."
#NIFTY Intraday Support and Resistance Levels - 17/07/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19600 level and then possible upside rally up to 19720 in today's session. in case nifty trades below 19560 level then the downside target can go up to the 19440 level.
Nifty - Prediction & Intraday Levels for - 17 Jul 2023Nifty Tomorrow:
BULLISH with Positive momentum
Nifty likely to open flat around 19550, where we can look for BUY entry for upper side targets.
Demand and Supply Zones - When price breaks the zone, Demand zone will become Resistance and Supply zone will become Support.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Nifty weekly analysis for 17/07/23.Nifty on the weekly chart has given a nice bullish candle and almost touched 19600 levels. Market has consolidated and now closed above the resistance zone.
A good bullish move is going on in nifty but banknifty is not support it to go higher.
On the daily charts, the market has crossed and sustained above the resistance zone around 19525 levels.
Flag and pole pattern in also there and if the market follow as per the theory 20k levels can be seen within july expiry.
On the hourly chart, the market has closed above the 20 ema and is respecting a support trendlien. It is forming new high everyday and was not holding the highs but in the last session it has closed near the ATH and can continue to reach another round number figure of 20k.
Support :- 19520, 19330, 19240
Resistance :- 19670, 19875
(*Extended fibonacci retracement is used to find the resistance levels).
The market has travelled, consolidated and now given a break out. There are chance of market continuing the move as the last trading session closing suggest.
Wait for the price action near the levels before entering the market.
NIFTY moving in a bull channelNIFTY has been creating new all time highs multiple times this week . Now moving in a parallel channel creating higher lows and higher highs . 19350 for the downside becomes a crucial swing level with price expected to make highs once again after some correction to the lower trendline.
Cheers !
Nifty trade plan for 17-07-20231. Nifty made new ATH on friday with very strong closing
2. Market has no resistance now
3. Suitable trade set up in only buy on dips from intraday to positional trade
4. Trade only at support areas with 15-20 points SL and reward upto 1:4-5 RR trade set up for intraday
5. No random trading






















