Get started

Niftyintradaylevels

Nifty Trading Strategy for 6th January 2025 Nifty Trading Strategy Key Levels Buy Above: High of the 1-hour candle that closes above 24,080 Sell Below: Low of the 1-hour candle that closes below 23,930 Targets Upside: 24,125, 24,170, 24,220 Downside: 23,880, 23,870, 23,745 Strategy Summary Buy Signal: Initiate a buy order above the high of the 1-hour candle that closes above 24,080. Aim for targets of 24,125, 24,170, and 24,220. Sell Signal: Initiate a sell order below the low of the 1-hour candle that closes below 23,930. Aim for targets of 23,880, 23,870, and 23,745. Risk Management: Use a trailing stop-loss to manage risk and safeguard your capital. Make it a point to book profits at the specified levels. Disclaimer I am not SEBI registered. This strategy is derived from historical data and technical analysis. Past performance does not guarantee future results. Trading is inherently risky, and you should only invest money that you are willing to lose. It's essential to conduct your own research or consult with a financial advisor before making any trading decisions
NSE:NIFTY
by ramkkyy
NIFTY analysis for tomorrow 03 JAN 24As we discussed, the NIFTY has been in sideways accumulation phase, it has broken to upside. If we look at the chart now: The market is trading at 50 EMA (1D-tf) and 200 EMA (4H-tf) resistance levels. Also, the market has given good bullish momentum today. Tomorrow might be a small side day. Also, the market is trading near the resistance level, which is going to provide good resistance. Important levels and trendlines have been marked on the chart. Support levels: 200 EMA, 23950, 50 EMA (23800) Resistance levels: 24167, Trendline (PINK), 24330 If we look at the OI data: PCR = 1.2, which shows a good bullish structure in the market. The market has 24200 as max pain. As it is the very beginning of the weekly expiry, OI data is not going to play a very crucial role. Lower sides 24000, 23900, and 23800 have very good PE writing, so bulls are quite strong on lower levels. On higher levels, 24500 has good CE writing, which is going to provide good resistance. I am expecting The market is to be sideways unless it breaks the PINK trendline. Reason: RSI = 77 shows a bullish structure. (Bullish) - Price > EMA(13, 50, 200), which indicates a good Bullish structure. (Bullish) PCR = 1.2 indicates bullish direction in the market. Price > VWAP shows a good bullish structure in the market.   Verdict: Sideways or Bullish Plan of action: Sell 24200 CE and Sell 24200. PE holds it in the range. Exit one leg if it breaks to one side.
NSE:NIFTYLong
by finnova_
11
Nifty weekly expiry analysis for 02/01/2025.Tomorrow is nifty first weekly expiry of the year. A consolidation is going on in the index and today also it closed in a range. If there is break out of the trendline on the upper side, chances of market retesting 24k levels are high. In case of a fail and market trading downside, a trend downside possibilities are there. 20-EMA and 50-EMA are acting as a resistance and once cleared higher EMAs can be tested. Option buyer be cautious of the expiry premium decay. Only trade the momentum. Major levels Upper resistance :- 24850, 24080 Lower support :- 23550, 23330.
NSE:NIFTY
by TheMamboMomentum
Nifty Trading Strategy for 30th December 2024Nifty Trading Strategy Key Levels: Buy Above: The high of the 15-minute candle that closes above 23,940 Sell Below: The low of the 1-hour candle that closes below 23,750 Targets: Upside Targets: 23,979, 24,022, 24,080 Downside Targets: 23,727, 23,684, 23,630 Strategy Details: Buy Signal: Enter a buy position above the high of the 15-minute candle that closes above 23,940, aiming for targets of 23,979, 24,022, and 24,080. Sell Signal: Enter a sell position below the low of the 1-hour candle that closes below 23,750, aiming for targets of 23,727, 23,684, and 23,630. Trailing Stop-Loss: Use a trailing stop-loss to manage risk and protect your capital. Book Profits: Regularly book profits at the specified resistance and support levels. Disclaimer: I am not SEBI registered. This strategy is based on historical data and technical analysis. Past performance is not indicative of future results. Trading involves risk, and you should only invest money that you can afford to lose. Always conduct your own research or consult with a financial advisor before making any trading decisions.
NSE:NIFTY
by ramkkyy
NIFTY Intraday Trade Setup 30 Dec 2024NIFTY Intraday Trade Setup 30 Dec 2024 Bullish-Above 23965 Invalid-Below 23915 T- 24200+ Bearish-Below 23790 Invalid-Above 23840 T- 23550 NIFTY has closed on a halt note with minor gain of 0.96% last week. It has traded in a narrow range of 1% the whole week. It has compressed and formed a inside candle in weekly TF. We will maintain bearish stance and sell on rise approach till index trades below 50 EMA. Bearish sentiment will be stronger till it closes below PDH. 23965 and 23790 are intra levels for Monday. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 23965 then we will long for the target of 24200. For selling we need a 15 Min candle closes below 23790. T- 23550. 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. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:NIFTY
by Omahto
#Nifty directions and levels for December 19th.Good morning, friends! 🌞 Here are the market directions and levels for December 19th. Market Overview: After the Fed rate cut, the Dow Jones fell drastically and ended with a negative change of 2.5%. This also affected the Nifty. Therefore, today the market may open with a significant gap-down, indicating that the Nifty is expected to start 330 points lower. The global sentiment suggests there is a bearish bias. If you look at the charts from a broader perspective, the Nifty is showing a negative trend, while the Bank Nifty appears to be range-bound. Thus, both indices are displaying slightly different biases. However, my expectation is that, even though the Bank Nifty has a range-bound structure, it could reach a minimum correction of 78% in the minor swing. More or less, the current trend indicates a negative outlook. If the gap-down sustains today, we can expect a continuation of the correction with some consolidation. A reversal could be considered if there is a breakout at the EMA 20 or the 38% Fibonacci level in the minor swing. Until these factors occur, the trend could remain bearish. Additionally, I checked the volume profile and EMA 200 for long-term trend projections. Both the Nifty and Bank Nifty have yet to break the EMA 200, which means the higher degree trend is still bullish until it breaks that level. However, the volume profile is showing initial indications of a reversal in the Nifty, while the Bank Nifty has not yet shown this because the 51,500 level (in futures contracts) is providing good support based on the volume profile. Conclusion: There is no clear direction yet from the combination of the Nifty and Bank Nifty charts. Therefore, we should approach this correction as a minor trend only.
NSE:NIFTY
by Manickamtraders
Nifty Trading Strategy for 19th December 2024Nifty Trading Strategy Key Levels: Buy Above: The high of the 15-minute candle that closes above 24,315 Sell Below: The low of the 15-minute candle that closes below 24,125 Targets: Upside Targets: 24,444, 24,533 Downside Targets: 24,010, 23,950, 23,850 Strategy Details: Buy Signal: Enter a buy position above the high of the 15-minute candle that closes above 24,315, aiming for targets of 24,444 and 24,533. Sell Signal: Enter a sell position below the low of the 15-minute candle that closes below 24,125, aiming for targets of 24,010, 23,950, and 23,850. Additional Tips: Monitoring: Continuously monitor the 15-minute chart for clear buy or sell signals. Risk Management: Always use stop-loss orders to manage risk and protect your capital. Market Conditions: Stay updated on market news and events that could impact Nifty. Disclaimer: I am not SEBI registered. This analysis is for informational and educational purposes only. Please consult with a certified financial advisor before making any trading decisions.
NSE:NIFTY
by ramkkyy
NIFTY analysis for tomorrow 19 Dec 24As we discussed yesterday, the market was sideways and had huge volatility. If we look at the chart now: The market is looking bearish but also showing good bullish pull-ups. The market is near the support zone. Support levels: 24127, 23970 Resistance levels: 24980, 24386, 24524, 24682 If we look at the OI data: PCR = 0.4, which has decreased from 0.8, shows call addition at the higher level. The market has good PE writing at 24500 and 24400. Other levels, 24200, 24300, and 24300, will be showing good resistance at a higher level. I am expecting Case 1: Sideways in the range 24127 - 24350. Case 2: Bearish if it breaks 24127 to the downside. Reason: RSI < 40 shows a good Bearish structure. (bearish) Price < EMA(13, 50, 200), which indicates a good bearish structure. (Bearish) PCR = 0.4 indicates a bearish market. Price < VWAP shows a good bullish structure in the market.   Verdict: Bearish or Sideways Plan of action: In the range 24127 - 24350 Sideways. Go with an Iron condor. Buy PUT if it breaks 24127 to the downside.
NSE:NIFTYShort
by finnova_
NIFTY50: INSTITUTIONAL LEVELS FOR 18/12/2024Overview This trading system combines simplicity with powerful insights for accurate entries and exits. It is structured for active traders using the 5-minute timeframe who want to make clear, confident trading decisions in fast-moving markets. Key Strategy Guidelines Retest Entries : Aim to enter trades on retests rather than breakouts, offering better positioning. Multiple Confirmations : Use more than one confirmation to validate each trade, helping avoid impulsive decisions. ATM Options Focus : Stick to at-the-money (ATM) options or above for optimal liquidity and manageable risk. System Explanation This setup leverages volume, historical price action, and price ranges to pinpoint high-probability entry and exit points. This methodology is designed to reduce guesswork, allowing traders to manage trades with a consistent approach. How It Works: Entry/Exit Signals Blue Line : Signals potential long entry. Red Line : Indicates potential short entry. Tip : Align these signals with additional confirmations from your trading strategy for optimal performance. Stop Loss and Take Profit Levels Stop Loss: Long Trades : Set your stop loss at the nearest red line below the entry point, or adjust based on whether the 5-minute candle crosses the red line. Short Trades : Use the blue line above as the stop loss. Take Profit: Long Entries :Target the next red line above or exit if other indicators suggest a prudent exit. Short Entries :Target the next blue line below following similar guidelines. Timeframe Recommendation This system is specifically optimized for the 5-minute timeframe, making it suitable for those trading shorter intervals with precision. Risk Disclaimer Trading involves high risk, and rapid price changes can lead to unexpected losses. Only trade with capital you can afford to lose, and carefully assess your financial situation and risk tolerance. Join the Community Discussion Engage with other traders to discuss strategies, share insights, and enhance your understanding of the markets. Let’s grow together as a community of traders. Original Content This trading system is the product of my own expertise and rigorous testing. It’s a unique approach developed through real market experience to offer a clear edge in trading.
NSE:NIFTY
by tony_fx_sm
Nifty Trading Strategy for 18th December 2024Nifty Trading Strategy Key Levels: Buy Above: The high of the candle which closes above 24,425 on a one-hour chart Sell Below: The low of the candle which closes below 24,245 on a one-hour chart Strategy Details: Buy Signal: Enter a buy position above the high of the candle that closes above 24,425 on a one-hour time frame. Sell Signal: Enter a sell position below the low of the candle that closes below 24,245 on a one-hour time frame. Gap Down Risk Strategy: If the Market Opens Lower: Around 24,200-24,240 levels Buy Signal: Enter a buy position with a stop-loss of 24,175 Additional Tips: Monitoring: Continuously monitor the one-hour chart for clear buy or sell signals. Risk Management: Always use stop-loss orders to manage risk and protect your capital. Market Conditions: Stay updated on market news and events that could impact Nifty. Disclaimer: I am not SEBI registered. This analysis is for informational and educational purposes only. Please consult with a certified financial advisor before making any trading decisions.
NSE:NIFTY
by ramkkyy
NIFTY Intraday Trade Setup For 18 Dec 2024NIFTY Intraday Trade Setup For 18 Dec 2024 Sell_1- From 24590 Invalid-Above 24640 T- 24400 Sell_2-Below 24300 Invalid-Above 24350 T- 24000 NIFTY has closed on a bearish note with 1.35% cut today. Yesterday we discussed that index will be bearish below 24570 and exact mentioned target of 24310 was met. Now index may continue bearish move. A good short below 24300 in case of flat opening. If at all it gaps up then 24590 will be intraday resistance as per half bat. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes below 24300 then we will short for the target of 24k. 24590 will be pullback short level in case 24300 is safe. T- 24400. 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. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:NIFTY
by Omahto
#Nifty directions and levels for December 17th.Good morning, friends! 🌞 Here are the market directions and levels for December 17th. Market Overview: The global market continues to show moderately bearish sentiment (based on the Dow Jones alone), while our local market is displaying a bullish sentiment. Today, the market may open with a neutral to slightly gap-down start, as the Gift Nifty is indicating a negative 40 points at 8:00 AM. In the previous session, both Nifty and Bank Nifty saw a minor correction but did not break the 38% Fibonacci level. Therefore, until the support level is broken, the market will maintain its bullish bias. However, if the support is broken, the bullish momentum may turn neutral to bearish. This is the basic structure; let’s analyze this further with the chart. Both Nifty and Bank Nifty currently share the same structural sentiment. Nifty Current View: The current view suggests that if the market initially takes a pullback, it could reach a minimum of 24,752. However, the rally will continue only if the market breaks this level with a solid candle. If it does, we can expect the next targets at 24,818 and 24,857. This is the basic structure. Alternate View: The alternate view suggests that if the market sustains the gap-down, the levels 24,559 and 24,531 will act as strong support. If the market finds support here, we can expect a bounce back of at least 38% to 78% in the minor swing. Conversely, if this support level is broken, the market may fall further to 24,451 and 24,418. (Note: If you plan to take a position in the bounce back, check for RSI divergence. If divergence occurs, you can enter; if it doesn’t, wait for a 38% Fibonacci breakout in the minor swing. Apply the Fibonacci levels from swing high (24,792) to the upcoming low. Because Range-bound entries can be challenging, and we cannot expect proper swings and in this premium)
NSE:NIFTY
by Manickamtraders
2
Nifty Trading Strategy for 17th December 2024Nifty Trading Strategy Key Levels: Buy Above: The high of the candle which closes above 24,730 on a 15-minute chart Sell Below: The low of the candle which closes below 24,555 on a 15-minute chart Strategy Details: Buy Signal: Enter a buy position above the high of the candle that closes above 24,730 on a 15-minute time frame. Sell Signal: Enter a sell position below the low of the candle that closes below 24,555 on a 15-minute time frame. Additional Tips: Monitoring: Continuously monitor the 15-minute chart for clear buy or sell signals. Risk Management: Always use stop-loss orders to manage risk and protect your capital. Market Conditions: Stay updated on market news and events that could impact Nifty. Disclaimer: I am not SEBI registered. This analysis is for informational and educational purposes only. Please consult with a certified financial advisor before making any trading decisions.
NSE:NIFTY
by ramkkyy
NIFTY Intraday Trade Setup For 17 Dec 2024NIFTY Intraday Trade Setup For 17 Dec 2024 Bullish-Above 24860 Invalid-Below 24810 T- 25150 Bearish-Below 24570 Invalid-Above 24630 T- 24310 NIFTY has closed on a bearish note with 0.4% cut today. It has formed an inside candle in daily TF at previous swing high. In case it breaks 24800 tomorrow then a good momentum in the higher side can be seen as per compression setup. In case 24570 is broken then it can trigger a fall towards 24300. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 24860 then we will long for the target of 25150. For selling we need a 15 Min candle close below 24570. T- 24310. 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. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:NIFTY
by Omahto
NIFTY Analysis for tomorrow 17 Dec 24As we discussed yesterday, the market opened at resistance and took support at 50 EMA in the sideways zone. If we look at the chart now: The market is in a sideways zone and expected to have a bullish bias. If liquidy grab came, it might also touch 200 EMA. But the market is not Bearish right now. It is a sideways area in the region, and it is bullish in the green region. Support levels: 50 EMA, 24522, 24339, 200 EMA Resistance levels: 24800, 25140 If we look at the OI data: PCR = 0.8, which has decreased from 1, shows call addition at the higher level. The market has good PE writing at 24500 and 24400. Other levels, 24700 and 24800, have a moderate amount of writing, showing it can be volatile in that zone. If 24800 breaks to the upside, the next good resistance level is 25000, where good CE writing has been done. I am expecting Case 1: Sideways in the range 24521 - 24800. Case 2: if the market breaks 24800 to the upside, the direct target will be 25000. Reason: RSI = 40 - 60 shows a good sideways structure. (Sideways) Price > EMA(13, 50, 200), which indicates a good bullish structure. (Bullish) The market has shown good seeling volume in last hour. (Week Bulls) PCR = 0.8 indicates a bullish Bias. Price > VWAP shows a good bullish structure in the market.   Verdict: Bullish or Sideways Plan of action: Above 24800 Bullish go CE buying. In the range 24522 - 24800 Sideways. Go with an Iron condor.
NSE:NIFTY
by finnova_
NIFTY50: INSTITUTIONAL LEVELS FOR 16/12/2024Overview This trading system combines simplicity with powerful insights for accurate entries and exits. It is structured for active traders using the 5-minute timeframe who want to make clear, confident trading decisions in fast-moving markets. Key Strategy Guidelines Retest Entries : Aim to enter trades on retests rather than breakouts, offering better positioning. Multiple Confirmations : Use more than one confirmation to validate each trade, helping avoid impulsive decisions. ATM Options Focus : Stick to at-the-money (ATM) options or above for optimal liquidity and manageable risk. System Explanation This setup leverages volume, historical price action, and price ranges to pinpoint high-probability entry and exit points. This methodology is designed to reduce guesswork, allowing traders to manage trades with a consistent approach. How It Works: Entry/Exit Signals Blue Line : Signals potential long entry. Red Line : Indicates potential short entry. Tip : Align these signals with additional confirmations from your trading strategy for optimal performance. Stop Loss and Take Profit Levels Stop Loss: Long Trades : Set your stop loss at the nearest red line below the entry point, or adjust based on whether the 5-minute candle crosses the red line. Short Trades : Use the blue line above as the stop loss. Take Profit: Long Entries :Target the next red line above or exit if other indicators suggest a prudent exit. Short Entries :Target the next blue line below following similar guidelines. Timeframe Recommendation This system is specifically optimized for the 5-minute timeframe, making it suitable for those trading shorter intervals with precision. Risk Disclaimer Trading involves high risk, and rapid price changes can lead to unexpected losses. Only trade with capital you can afford to lose, and carefully assess your financial situation and risk tolerance. Join the Community Discussion Engage with other traders to discuss strategies, share insights, and enhance your understanding of the markets. Let’s grow together as a community of traders. Original Content This trading system is the product of my own expertise and rigorous testing. It’s a unique approach developed through real market experience to offer a clear edge in trading.
NSE:NIFTY
by tony_fx_sm
#Nifty directions and levels for December 16th.Good morning, friends! 🌞 Here are the market directions and levels for December 16th. Market Overview: The global market is showing moderately bearish sentiment (based on the Dow Jones only), while our local market displays bullish sentiment. Today, the market may open with a slightly gap-down start, as the Gift Nifty is indicating a negative 100 points at 8:00 AM. In the previous session, both Nifty and Bank Nifty moved in two directions; however, by the end of the day, they closed with a solid rally. What about today? > As per yesterday's structure, if the market takes a pullback initially, we can expect further continuation with some consolidation. > Additionally, open interest (OI) and the RSI indicator support this outlook. > However, if we look at this from a broader perspective, it seems we are in a range-bound market. > Therefore, until the market breaks the 38% Fibonacci level on the downside, we can consider this a bullish market. However, if it breaks below this 38% level, we should approach it as a range-bound market. This is the basic structure; let’s explain this in the chart. Both Nifty and Bank Nifty share the same structural sentiment. Nifty Current View: The current view suggests that if the market takes a pullback after the gap-down start, we can expect the rally to continue. However, confirmation should be considered from an effective break of the 24797 mark. This is the basic structure. Alternate View: The alternate view suggests that if the market sustains the gap-down and breaks the 24702 mark, it could reach a minimum of 23% to a maximum of 38%. Structurally, it won’t break 38%. However, if it does break, then it will reach the 50% and 78% Fibonacci levels in the recent swing. Simply put, if you find a three-wave structure while it reaches this level, we can expect a bounce back, which indicates a bullish structure. However, if it reaches the 38% level in a straight line, it will likely continue further once it breaks the 38% mark.
NSE:NIFTY
by Manickamtraders
NIFTY Intraday Trade Setup For 16 Dec 2024NIFTY Intraday Trade Setup For 16 Dec 2024 Bullish-Above 24870 Invalid-Below 24820 T- 25150 2nd Buy-From 24485 Invalid-Below 24435 T- 24660 NIFTY has closed on a slight bullish note with 0.37% gain last week. Whole week was contracted and only on last day of the week there was good length move in intraday. It has formed an inside candle in weekly TF which also resembles contraction. Overall index is buy on dips till it is above 50 EMA in daily TF. 24870 is the breakout level and 24485 is strong support zone. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 24870 then we will long for the target of 25150. We will buy from 24485 in case it is tested. T- 24660. 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. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:NIFTY
by Omahto