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Niftyintradaysetup

NIfty TradeSetup for 29-09-2023Nifty important levels to watch are as follows #Support: 19555 Sell below: 19555 only on 15 minute candle closure below the level. Target 1: 19530 Target 2: 19490 Target 3: 19422 #Resistance: 19600 Buy Above: 19600 only on 15 minute candle closure Above the level. Target 1: 19625 Target 2: 19670 Target 3: 19740 #Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital. 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. #If you are Unable to trade properly and dissatisfied with your manual trading results due to busy schedule or "Fear & Greed" emotions Algorithmic trading can be the most useful solution kindly follow us and join us using details mentioned below the idea. #Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
NSE:NIFTY
by InvestyourAsset
29th Sep ’23 - Convincing Reversal and... - PostMortem on NiftyNifty Analysis We are beginning a new weekly, monthly and quarterly (Q3 2023-24) series today. Yesterday’s close = 19523. Recap from yesterday: “On the 1hr TF, Nifty is still looking weak. The next target should be 19446 followed by 19310 if are continuing the downward move. In case we reverse and move up, the first level to watch will be 19776. I wish to change my stance from neutral to bearish for tomorrow.” My bearish view was thrown into the dustbin today by Nifty50. We opened gap up and then started rallying very strongly. We hit the high of 19726 by 14.30 and then had a sharp correction. We went up 174pts and then gave away 107pts in last 1hr. To go bullish, the level marked was 19766 - but a closing near the 19700 values would have prompted me to change the stance to neutral. As per the chart the fall of 107pts still gives Nifty a bearish sentiment. On the 1hr chart I just drew the sloping orange line - this is connecting yesterday’s and today’s top. Notice the blue encircled region - those are the hourly candles for yesterday - all RED. Till 14.00 I was wondering how could we even have such a strong reversal today - won't that negate the move made yesterday? My stance still remains bearish with the first downside target of 19446. The moment we break 19776 on the upside - I wish to exit the short stance and go long.
NSE:NIFTYShort
by viswaram
28 Sep ’23 Post Mortem on Nifty - Q2, Jul-Sep, Weekly ExpiryNifty Quarterly Report Today’s expiry marks the end of Q2 FY2023-24. Between 28th Jun 2023 to 28th Sep 2023 - Nifty has gained 2.89% ~ 547pts. June 28 was special as Nifty had hit a new ATH that day. It crossed the crucial resistance of 18880 then. The rally that started on 28th June ended on 20th Jul wherein Nifty hit a new ATH of 19991.85. From 21st Jul to 31st Aug Nifty was in a bearish descending channel. Sep 1st the I-CRR (incremental cash reserve ratio of 10%) withdrawal news hit the markets and then we started another round of rally. We broke the previous ATH and the new high became 20222.45 as on 15th Sep. If we compare Nifty50 with S&P500 (SPX), it was down by 2.32% ~ 101.42 pts. A divergence of 5.21% exist when Nifty(INR) vs SPX(USD) is considered and the divergence reduces to 4.5% when both of them are compared in USD currency. Our markets showing great outperformance yet again. Nifty Monthly Report In the month of September, Nifty gained 1.43% ~ 275pts at a headline level. The low-to-high rally was a humongous 943pts ~ 4.89% long which helped Nifty record new all-time highs. From 20th Sep we lost 671pts ~ 3.32%. Nifty Weekly Report Between the last expiry and today, Nifty has shed 358pts ~ 1.80% to close at 19553. Nifty Daily Report Recap from yesterday: “I am still not changing my stance from neutral as we are still between 19777 and 19562. If we break above 19777 I wish to go long tomorrow, whereas if we break 19562 — I’d prefer to go short.”. Remember that massive bounce yesterday from 10:30 AM? That got undone in today’s price action. We broke the swing low of 19554 to a new low of 19492. Intraday we fell 275pts ~ 1.39%. From last week I was hoping we would break the 19310 levels in this week’s expiry, but yesterday’s blip shattered that plan. On the 1hr TF, Nifty is still looking weak. The next target should be 19446 followed by 19310 if are continuing the downward move. In case we reverse and move up, the first level to watch will be 19776. I wish to change my stance from neutral to bearish for tomorrow.
NSE:NIFTYShort
by viswaram
#September28 Direction & levels for #Nifty"Good morning, friends! As of September 28th, the global market sentiment is neutral (based on the Dow Jones), while our market trend remains moderately bullish. It may open neutral, slightly gap-up, or even gap-down. After the market's open, if it breaks or consolidates around the immediate resistance, we can expect a pullback continuation with minor corrections. On the other hand, we can anticipate a correction if the market rejects the immediate resistance, even if it initially experiences a pullback (running flat variation). However, that rejection should break the reversal Fibonacci level of 38%. If it breaks that level, we can expect a minimum correction of 61% to 78% Fibonacci correction. Additionally, this variation also applies in the case of a gap-down opening"
NSE:NIFTY
by Manickamtraders
27 Sep ’23 Post Mortem on Nifty - Market makes a U turn?Nifty Analysis Recap from yesterday: “On the 1hr chart we are almost at the center point of the orange lines (support and resistance) i.e. 19562 and 19786. Nifty has to either fall below or rise above one of these lines to make the big move. Personally, I prefer if it breaks the support and falls to the 19470 levels by tomorrow. As long as Nifty does not do that — I wish to maintain my neutral stance.” Yesterday SPX closed with a loss of 1.57%, as I write SPX is trading at -0.37% cuts today. The moment Nifty50 opened today - I was calculating a 1.5% fall would mean the 19310 is getting taken out today itself. The opening 1hr gave me that feeling, and we broke the last swing low of 19601. Then at 10.30 we saw a trend reversal - we went up 176pts ~ 0.90%. Simply unbelievable price action. This move came as a total surprise and I did not even have a trade to play. At 11.15 seeing a pause, I thought we will have the leg2 of fall. What happened was we went up not down. I got the same feeling at 12.15 that we will not cross yesterday’s close - markets broke that too. By the time we hit 19700 - it was too late for me to plan for a bullish trade. On the 1hr TF, Nifty clearly hit the downside orange line of 19562 - but did not get enough followthrough and I am still wondering why. The next 6 candles after the first one in green - usually seen during bullish phases. I am still not changing my stance from neutral as we are still between 19777 and 19562. If we break above 19777 I wish to go long tomorrow, whereas if we break 19562 - I’d prefer to go short. Meanwhile, if you know why Nifty made this strange move today - do let me know.
NSE:NIFTY
by viswaram
#Nifty"Good morning, friends! As of September 20th, there has been no change in the global market sentiment. Dow Jones still exhibits a negative sentiment, while our market trend remains moderately bullish with a 'C' pullback wave structurally. However, if the market opens with a gap-down, Monday's range will serve as a range-bound boundary. In my personal opinion, even if it breaks yesterday's range, the market may reject immediate levels, suggesting there won't be significant moves. We can anticipate a directional move only if it breaks through immediate support or resistance with minor consolidation."
NSE:NIFTY
by Manickamtraders
Nifty Trade Setup for 26-09-2023Nifty important levels to watch are as follows #Support: 19650 Sell below: 19650 only on 15 minute candle closure below the level. Target 1: 19590 Target 2: 19490 #Resistance: 19720 Buy Above: 19720 only on 15 minute candle closure Above the level. Target 1: 19780 Target 2: 19850 #Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital. 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. #If you are Unable to trade properly and dissatisfied with your manual trading results due to busy schedule or "Fear & Greed" emotions Algorithmic trading can be the most useful solution kindly follow us and join us using details mentioned below the idea. #Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
NSE:NIFTY
by InvestyourAsset
#september26 levels and direction for #nifty"Good morning, friends! As of September 26th, global market sentiment is slightly negative, primarily due to the performance of the Dow Jones. Our market trend is moderately bullish, but there is some structural bending in the 'C' pullback wave. So, if it opens gap-down, yesterday's range will act as a range-bound boundary. On the other hand, if it breaks either to the upside or downside, you can set your target at immediate levels. Here, my personal opinion is that even if it breaks yesterday's range, the market may reject the immediate levels, indicating that there won't be significant moves. We can expect a directional move only if it breaks the immediate support or resistance with minor consolidation."
NSE:NIFTY
by Manickamtraders
Nifty Trade Setup for 25-09-2023Nifty important levels to watch are as follows #Support: 19660 Sell below: 19660 only on 15 minute candle closure below the level. Target 1: 19590 Target 2: 19495 - 19500 #Resistance: 19720 Buy Above: 19720 only on 15 minute candle closure Above the level. Target 1: 19780 Target 2: 19850 #Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital. #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. #If you are Unable to trade properly and dissatisfied with your manual trading results due to busy schedule or "Fear & Greed" emotions Algorithmic trading can be the most useful solution kindly follow us and join us using details mentioned below the idea. #Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
NSE:NIFTY
by InvestyourAsset
#September25 #nifty levels and direction"Good evening, friends ! As of September 25th, global market sentiment is negative, primarily due to the performance of the Dow Jones. The market trend is bearish, and it may open with a slight gap-down. Additionally, there is a sub-wave 5 forming. If the initial market experiences a sharp pullback around the immediate support zone, then we can anticipate a pullback of 23% to 38%. On the other hand, if the market opens with a gap-up and sustains it, then we can expect pullback continuation. There is also a regular flat variation, with its minimum target being 19768, and if it breaks, we can expect 19817."
NSE:NIFTY
by Manickamtraders
Nifty Trade Setup for 22-09-2023Nifty important levels to watch are as follows #Support: 19720 Sell below: 19720 only on 15 minute candle closure below the level. Target 1: 19660 Target 2: 19590 #Resistance: 19760 Buy Above: 19760 only on 15 minute candle closure Above the level. Target 1: 19820 Target 2: 19890 #Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital. 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. #If you are Unable to trade properly and dissatisfied with your manual trading results due to busy schedule or "Fear & Greed" emotions Algorithmic trading can be the most useful solution kindly follow us and join us using details mentioned below the idea. #Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
NSE:NIFTY
by InvestyourAsset
#nifty"Good morning! As of September 21st, there is no significant difference compared to the last session. Global market sentiment is negative, primarily due to the performance of the Dow Jones. The market trend is bearish, and it may open with a significant gap. If the initial market experiences a sharp pullback around the immediate support zone, then we can anticipate a maximum Fibonacci pullback of 23% to 38%. On the other hand, if it breaks or consolidates around the immediate support zone, we can expect a continuation of the correction with minor consolidation."
NSE:NIFTY
by Manickamtraders
Nifty Trade Setup for 21-09-2023Nifty important levels to watch are as follows #Support: 19880 Sell below: 19880 only on 15 minute candle closure below the level. Target 1: 19815 Target 2: 19740 #Resistance: 19920 Buy Above: 19920 only on 15 minute candle closure Above the level. Target 1: 19970 Target 2: 20040 #Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital. 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. #If you are Unable to trade properly and dissatisfied with your manual trading results due to busy schedule or "Fear & Greed" emotions Algorithmic trading can be the most useful solution kindly follow us and join us using details mentioned below the idea. #Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
NSE:NIFTY
by InvestyourAsset
NIFTY - Target - Levels - 21.09.2023Nifty Spot : 19901.40. Watch Option Strike : 20000 CE & 20000 PE I Am Not Sebi Registered Analysis, This Is Education Purpose Only. Dear Followers.. Trend Is Our Friend.. 1. Draw The Lines In Your Trading View.. Then Only You Understand My Statistical Startegy. 2. Kindly Watch My Break Even Point. Every Day. 3. Above The Break Even Point.. Resistance Break.. UPTREND Starts.. Buy CE.. 4. Below The Break Even Point.. Support Break.. DOWNTREND Starts.. Buy PE.. 5. After Retracement.... Stop Loss is Above Or Below Break Even Point 6. Stop Loss Is Must.. Don"t Enter Blindly. 1. We Focus On Our Daily Analysis.. 2. Combination Theory Of Delta, Gamma & Thetta,. 3. Selection Of OI Analysis & Prediction Of Entry, StopLoss, & Targets, 4. We See 4 Types Of Fibinacci Retracement Levels (1.High To Low Fib Level, 2.Low To High Fib Level, 3.Long Fib Level & 4. Short Fib Level), 5. Techninal View On Break Even Point. 6. Wait For Support Breaking or Resistance Breaking.. That Time Watch The Market Carefully. 7. Market Moves in UpTrend or DownTrend. 8. Kindly Watch Both The Nifty Target Levels & Bank Nifty Target Levels in your Trading View. Its Most Important For Daily Tradings…. Kindly Follow My Channel & Like Your Support in My Idea. BY : newsbharathi27040.
NSE:NIFTY
by market1tomorrow