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Niftyintradaylevels

Nifty daily analysis for 04/07/23.For the last 4 trading session, market has been giving gap up and showing positive momentum. On the daily charts, market again has given 130 points move. The market remained in the first hour candle and gave close near the day high. There are less opportunity for intraday traders as the gap up take away the move. The time is for the positional and swing traders. On 15 minutes chart, nifty took support from the 20 ema and formed a box consolidation. Support :- 19260, 19000 Resistance :- 19340 Market are moving in the first half and is consolidating in the last. Small target should be taken as big move are difficult after a gap up. Wait for the price action near the levels before entering the market.
NSE:NIFTY
by TheMamboMomentum
Nifty weekly analysis for 03/07/23.Nifty on the weekly time frame has given a 500+ points or 2% up move. It has formed a bullish marubozu candle. Market has been continuously giving gap up and movement for 3-4 days. There was a good movement after testing the 20 ema, on daily time frame. Nifty is trading around 19200 levels and forming new ATH. It can give momentum to touch 19500-700 levels. Bullish movement is market is giving good returns and can continue to touch higher highs. Market is in the bullish movement and is making higher high and higher low formation. A perfect bullish cycle is on. Support :- 19000, 18890 Resistance :- 19280 (fib levels). The market are moving in bullish move and no actual resistance is there in the charts. Wait for the price action near the levels before entering the market.
NSE:NIFTY
by TheMamboMomentum
NIFTY Intraday Trade Setup For 03 Jul 2023NIFTY Intraday Trade Setup For 03 Jul 2023 Buy-Above 19205 Sl-19155 T- 19310 19420 Sell-Below 19135 Sl-19185 T-19050 18965 NIFTY has closed at a record high last week with 2.8% gain. Our long triggered on 26 May above 18460 for the target of a fresh ATH near 19100. Index hit our target slowly and steadily (18460-19200+). Now we will ride the momentum to the fullest by trailing it. As of now if a daily candle closes below PDL and that red candle's low is breached then we will exit our positions. As of now there is no scenario of sell. First of all it has to hit our trailing then on a bearish price structure in daily TF possibility of sell pans out. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 19205 then we will long for the target of 19310 and 19420. For selling we need a 15 min candle close below 19135. T- 19050 and 18965. 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
30 Jun '23 Post Mortem on Nifty50Nifty opened gap up at 19076 immediately hitting an all time high, that was just the start. Most of the traders were expecting N50 to close the gap and fall to the trading range of the previous day. That did not happen, instead N50 was firing on all cylinders. The major reason for this thrust in rally came from NiftyIT which ended +2.5% today. IT's strength overshadowed almost every other sector - the result a perfect rally for N50 today with strong closing. The new ATH is now 19201.7. Just imagine we had a 200pts swing once the magic number of 19000 was broken in the last session. Most likely few of the participants who missed out would have come back with loads of cash to deploy. Is it a good time to have a FOMO feeling - I am not quite sure! Since there are no available resistance levels - its a free hand for N50 to play boss. The only way to restrict N50 would be for the big boys to start writing CE shorts. The problem is - who will have the courage to short sell? Since its a breakout rally & the momentum could get so strong to wipe you off the feet. Chances are the bears will have to wait for some external triggers as the earnings may not disappoint. 1hr TF The last 3 sessions have been highlighted, if you notice we had island gaps in all 3 indicating a sentiment shift. The first support level has been marked at 18880 now below which N50 could get back into the range-based trading.
NSE:NIFTY
by viswaram
NIFTY Intraday Trade Setup For 30 Jun 2023NIFTY Intraday Trade Setup For 30 Jun 2023 Buy-Above 19015 Sl-19965 T- 19105 19187 Sell-Below 18940 Sl-18990 T- 18855 18770 NIFTY has closed on bullish note last with 0.82% gain. We longed above 18460 on daily swing breakout for target of a fresh ATH near 19120. We are at striking distance to our target and we will keep on riding this till our TSL is intact. If a daily candle closes below PDL and that red candle's low is breached then our TSL will be hit. Last day it opened with a big gap up and 10 o'clock range broke upside above 18898 ( 20 points sl) and made a high of 19011. Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 19015 then we will long for the target of 19105-20 and 19187. For selling we need a 15 min candle close below 18940. T- 18855 and 18770. 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
7
Nifty daily analysis for 30/06/23.Nifty, finally, tested the 19k levels but couldn't sustain above it. After the gap up opening above 18900 it travelled and touched the higher levels. The index was strong as compare to the other indices and closed near the higher levels. On the hourly charts, there is a flag and pole pattern. As market consolidated in the second half of the trading session. Market in the last two sessions has given a move of around 300 points. And market while moving upward has constantly giving gap up and momentum. Support :- 18890, 18800 Resistance :- 19000 Nifty has also formed a new ATH and touched the round figure level. Market has given a nice bullish move and might take a halt near the higher levels. Wait for the price action near the levels before entering the market.
NSE:NIFTY
by TheMamboMomentum
NIFTY Intraday Trade Setup For 28 Jun 2023NIFTY Intraday Trade Setup For 28 Jun 2023 Buy-Above 18830 Sl- 18780 T-18921 19013 Sell-Below 18770 Sl- 18820 T- 18700 18630 NIFTY has closed on a bullish note with 0.68% gain today. It gave a fantastic move after the breakout of symmetric triangle. Buy triggered above 18725 and hit our 1st target very smoothly. Trade gave more than 100 points gain (18725-18829+, 1:2). We are likely to hit a fresh ATH tomorrow if today's high is sustained. 18830 and 18770 are important levels for tomorrow's session. Be strict in trailing with trade triggers. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 18830 then we will long for the target of 18921 and 19013. For selling we need a 15 Min candle close below 18770. T- 18700 and 18630. 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
4
NIFTY Intraday Trade Setup For 27 Jun 2023NIFTY Intraday Trade Setup For 27 Jun 2023 Buy-Above 18725 Sl-18675 T- 18821 18920 Sell-Below 18640 Sl-18690 T- 18550 18450 NIFTY has closed with a slight gain of 0.14% today, almost flat note. It has formed a spinning top candle in daily TF which is a sign of indecision. Nothing triggered as per trade setup as it was sideways between the 10 o'clock range itself. It traded in a narrow range of 75 points between 18722 and 18647. Tomorrow we will simply trade on this range breakout. Be very strict in trailing with proper market structure in 5 and 15 Min TF. Coming to Tuesday's trade setup, if index opens flat and a 15 min candle closes above 18725 then we will long for the target of 18821 and 18920. For selling we need a 15 Min candle close below 18640. T- 18550 and 18450. 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 - Prediction & Intraday Levels for - 27 Jun 2023Nifty Tomorrow: Moderately BULLISH up to 18750 Nifty likely to Open flat or small gap up around 18700 level, if sustains above 18725 supply zone 18750 will get tested. My view is still BEARISH where at 18750 level I will look to take SELL entry with price action confirmation for Target of 18650/18580 BULLISH trend only above 18800 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!!
NSE:NIFTYShort
by ViVenTraders
Nifty daily analysis for 27/06/23.Nifty is taking support around its 20 EMA on the daily charts. Banknifty is trading below the moving average but nifty is still holding the level and seems to be stronger. On the hourly chart, nifty has closed between both the moving averages and for last two trading session has been trading in a single candle range. Consolidation is there in the market and a good break out or break down can be seen. On the smaller time frame, for intraday trading, market is taking serious rejection from the 20 EMA and closed below the moving averages. Support :- 18620, 18560 Resistance :- 18760, 18890 Wait for the price action near the levels before entering the market.
NSE:NIFTY
by TheMamboMomentum
NIFTY Intraday Trade Setup For 26 Jun 2023NIFTY Intraday Trade Setup For 26 Jun 2023 Buy-Above 18750 Sl-18700 T- 18835 18920 Sell-Below 18645 Sl-18695 T- 18550 18450 NIFTY has closed on a bearish note with 0.85% cut last week. Our swing target which we longed from 18460 was almost achieved, only 1 point was missed from ATH. As of now the next upside possibility opens above 18900 only. Meanwhile we broke the hourly trendline support. Support will be regained if we grip 18860 again in the very next few days. Hourly range is 18640 and 18900. This range breakout will give us the next directional move. Or else we will have sideways momentum majority of the time in intraday. On this range breakout we can test 18400-50 in the downside and sky is open in the upside. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 18750 then we will long for the target of 18835 and 18920. For selling we need a 15 min candle close below 18645. T- 18550 and 18450. 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 weekly analysis for last week of June (26/06/23).Nifty has almost touched the high and given a marabozu candle on the weekly charts. The market on the higher time frame is forming a double top pattern. Market, on the daily time frame, is taking support from the 20 EMA and has closed below the recent support level of 18680. If the fall continues, there are chances of market testing 18500 levels. In the last trading session, nifty traded inside the first hour candle and closed between both the moving averages, on hourly charts. There is a bearish moving averages cross over, on 15 minutes charts. Supports and resistances are close by and market is yet to decide the trend. June session was all in a confusion state and only last week is left. Support :- 18615, 18560 Resistance :- 18760, 18890 Nifty has consolidated in the range for 10 days. Break down will pull the markets down to lower levels and even the Global markets are showing some negativity. Wait for the price action near the levels before entering the market.
NSE:NIFTY
by TheMamboMomentum
Nifty50 Weekly Key Trading levels 26th-30th June 2023 Nifty50 Weekly Key Trading levels 26th-30th June 2023 Disclaimer: I do not give any tips or buy sell recommendation I only teach trading strategies. These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view. Please consult your Financial Advisor before making any trading decision
NSE:NIFTY
by sbkurandwad77
NIFTY Intraday Trade Setup For 23 Jun 2023NIFTY Intraday Trade Setup For 23 Jun 2023 Buy-Above 18890 Sl-18840 T- 18973 19058 Sell-Below 18755 Sl-18805 T- 18655 18550 NIFTY has closed on a bearish sentiment with 0.45% cut today. It is just consolidating at ATH since last 4 sessions. ATH has become a ceiling now. Breakout will give us the next directional move. For selling we need a proper bearish price structure in daily TF. Today it traded inside previous day's range almost the whole day. Only after 2 PM sell triggered which did not give us the target due to closing bell. 18817 is the mid point for tomorrow's session. 18890 and 18755 are the trade trigger levels. Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 18890 then we will long for the target of 18973 and 19058. For selling we need a 15 min candle close below 18755. T- 18655 and 18550. 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