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Nifty Live Intraday Updates For 11-12-23 !Nifty important levels to watch are as follows #Support: 20930 Sell below: 20930 only on 15 minute candle closure below the level. Target 1: 20885 Target 2: 20850 Target 3: 20800 #Resistance: 21010 Buy Above: 21010 only on 15 minute candle closure Above the level. Target 1: 21050 Target 2: 21095 => # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite. => # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital. => # Please refer our Indicators published on tradingview if you find it useful give it a like. => # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section. #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 Intraday Trade Setup For 11 Dec 2023NIFTY Intraday Trade Setup For 11 Dec 2023 Bullish-Above 21010 Invalid-Below 20960 T- 21141 21300 Bearish-Below 20850 Invalid-Above 20900 T- 20684 20543 NIFTY has closed on a bullish note with 3.46% gain last week. Whole gain is added in our basket :) as we have longed from 19880 which was planned on 27 Nov. After the breakout of 20222 we opted to ride till fullest with PDL as TSL. TSL is intact, if a daily candle closes below PDL and that red candle's low is breached then we will exit longs completely. Mother trend remains bullish till 20850 is safe. Tomorrow's best trade will be on flat opening. 21010 and 20850 are important levels for tomorrow's session. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 21010 then we will long for the target of 21300 and 21510. For selling we need a 15 min candle close below 20850. T- 20684 20543. 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 Intraday Prediction Levels for 11 Dec 2023Nifty Intraday Prediction Levels for 11 Dec 2023 The chart indicates 15 min time frame. These Levels act as Support or Resistance according to price. These are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone or break down and close below the Support zone. You have to trade according to level breakout or breakdown. 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 with your Financial Advisor before taking any decision or trade.
NSE:NIFTY
by suraranjanganguli
NIFTY prediction for tomorrow (Moday) 11th DecAs we have been discussing in our last post, NIFTY's bullish momentum has performed as we discussed. Now, NIfty is facing resistance, as can be seen on the chart. It's still forming a higher High. But it is not able to make a higher LOW, which shows the weakness in the bullish trend. In the OI data, we can see that 21000 is showing huge resistance. I am expecting a consolidation in the upcoming week in a range of 21000 as resistance 20880 1st support point and 20750 2nd support point. Reasons: RSI is 40-60, mostly sideways momentum. (sideways) Price > EMAs (Bullish) 21000 has a huge CE writing (66 Lakh CE) and (44 Lakh PE), which leads to PCR: 0.66, which is not a good sign for bulls. FII data also shows more bearishness. It has given a huge momentum required to have a consolidation. Verdict: The market either will go sideways or might correct itself till 20800. Plan of action: keep a neutral postion. Sell 21000 CE and protect it with a PUT buy.
NSE:NIFTY
by finnova_
Nifty Intraday Prediction Levels for 7 Dec 2023Nifty Intraday Prediction Levels for 7 Dec 2023 The chart indicates 15 min time frame. These Levels act as Support or Resistance according to price. These are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone or break down and close below the Support zone. You have to trade according to level breakout or breakdown. 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 with your Financial Advisor before taking any decision or trade.
NSE:NIFTY
by suraranjanganguli
#nifty directions and levels for DEC 8th"Good evening, friends. Directions for December 8th: there is no significant difference from the last session. The global market sentiment is moderately bullish, supported by the Dow Jones. However, our local market sentiment shows a bullish trend. It might open with a neutral to slightly gap-up start. We have an RBI monetary policy announcement tomorrow; the structure is not important here. The market might move based on the event. However, if the market experiences a pullback, it will likely reach the immediate resistance, a crucial zone. After that, if the market breaks it with a solid structure, then we can expect a pullback continuation. On the other hand, if it rejects that level, then the previous range will likely continue. The same applies to a downtrend. If the market finds support around the immediate support level, then the range will continue. However, if it breaks this level, we can expect correction continuation."
NSE:NIFTY
by Manickamtraders
NIFTY Intraday Trade Setup For 08 Dec 2023NIFTY Intraday Trade Setup For 08 Dec 2023 Bullish-Above 20970 Invalid-Below 20920 T- 21090 21235 Bearish-Below 20850 Invalid-Above 20900 T- 20684 20558 NIFTY has closed on a slight bearish note with 0.17% cut today. Nothing triggered as per trade setup just like BANKNIFTY yesterday. 10 o'clock range was intact whole day. Till now our TSL in long (from 19880) is intact. If a daily candle closes below PDL and that red candle's low is breached we will exit longs completely and there will be change in sentiment in that case. It has formed a range in 15 Min TF, 20970 and 20850 are important levels for a range shift. Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 20970 then we will long for the target of 21090 and 21235. For selling we need a 15 Min candle close below 20850. T- 20684 and 20558. 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 Live Intraday Updates for 07-12-23 ! 🐂 Market Outlook 📈 NIFTY continues its upward trend, while Banknifty indicates signs of profit booking. 📊 Chart Analysis: NIFTY exhibits a hanging man, while BANKNIFTY shows a bearish engulfing, suggesting a potential pause or dip. 📈 Open Interest: Option chain remains neutral with support at 20900 and resistance at 21000. 🔄 PCR (Put-Call Ratio): PCR at 0.8 indicates a neutral sentiment. 💹 FII Option Activity: Net positive as 2L calls and 1.7L puts bought. 📉 FII Futures Data: Bullish trend with a 2000 Crores buy; Overall OI turned positive at 23K qty. 💼 FII Stock Data: Minor 80 Cr sell, indicating a relatively small impact. Nifty important levels to watch are as follows #Support: 20850 Sell below: 20850 only on 15 minute candle closure below the level. Target 1: 20785 Target 2: 20665 #Resistance: 20970 Buy Above: 20970 only on 15 minute candle closure Above the level. Target 1: 21040 Target 2: 21150 => # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite. => # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital. => # Please refer our Indicators published on tradingview if you find it useful give it a like. => # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section. #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 Intraday Trade Setup For 07 Dec 2023NIFTY Intraday Trade Setup For 07 Dec 2023 Bullish-Above 20970 Invalid-Below 20920 T- 21090 21235 Bearish-Below 20850 Invalid-Above 20900 T- 20684 20558 One more green gain added in our bullish favor. NIFTY has closed with 0.4% gain today all contributed through gap up. As per 10 o'clock range breakout it gave a small move of 35 points in the downside below 20887. It has been said that we will trail our long (from 19880) with PDL as TSL. If a daily candle closes below PDL then below that red candle's low we will exit longs completely. 20970 and 20850 are important levels for tomorrow. 21020 will be an important resistance in case of gap up. Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 20970 then we will long for the target of 21090 and 21235. For selling we need a 15 Min candle close below 20850. T- 20684 and 20558. 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
1
6th Dec ’23 - Another Gap-up Opening - Nifty PostMortemNifty Analysis Recap from yesterday: “For tomorrow, I prefer to hold on to my long stance with 20690 as a reversal level. If the uptrend is intact — we hope to see the laggards also catch up with the winners shortly.” 5mts chart link - click here. It might look like we had a lot of action today seeing the final gains at 82pts ~ 0.4%. The truth is - these gains came in the gap-up open itself. And from there, we haven't moved an inch. The reason I drew a rectangle is to show you how range-bound today’s trade was, something that we usually see in choppy markets and not in trending markets. There is nothing extraordinary to discuss on Nifty today, but we might have something to talk about on BankNifty and how it could influence the trend. Keep reading. 63mts chart link - click here Notice how we went from sideways to vertical real quick? The surge of 1185pts came in just 6 to 7 days showing how relevant break-out trading is. As an analyst, it is very difficult to predict when the trend will end, but we need to keep looking. For tomorrow, I prefer to continue with the long bias unless we give up the 20853 in the morning session.
NSE:NIFTYLong
by viswaram
#Nifty directions and levels for DEC 6th."Good morning, friends🌺! As of December 6th, the global market sentiment is moderately bullish, supported by the Dow Jones. However, our local market sentiment shows an extremely bullish trend. It might open with a gap-up start, considering the GiftNifty value at +60. Afterward, if the gap-up has a solid structure, then we can expect the rally to continue. On the other hand, if the gap-up doesn't sustain or if it reaches the immediate resistance with minor consolidation, then it might turn into a correction. However, we should wait for confirmation to use the Fibonacci levels from yesterday's minor low to the upcoming high. If it breaks the 38% level, then we can expect a minimum 78% swing low."
NSE:NIFTY
by Manickamtraders
NIFTY Intraday Trade Setup For 06 Dec 2023NIFTY Intraday Trade Setup For 06 Dec 2023 Bullish-Above 20870 Invalid-Below 20820 T- 21020 21168 Bearish-Below 20730 Invalid-Above 20780 T- 20593 20419 NIFTY has closed on a bullish note once again and one more great day added in our long favor. We have already longed from 19880 as per the analysis on 27 Nov. Till now it has given 950+ points gain (19880-20864). Index's momentum will take an halt when our opted TSL which is daily candle close below PDL and that red candle's low breach will be triggered. Above 20870 there can be good intraday momentum in intraday on a flat opening. Index will be bearish below 20730. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 20870 then we will long for the target of 21020 and 21168. For selling we need a 15 Min candle close below 20730. T- 20593 and 20419. 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 Intraday Prediction Levels for 6 Dec 2023Nifty Intraday Prediction Levels for 6 Dec 2023 The chart indicates 15 min time frame. These Levels act as Support or Resistance according to price. These are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone or break down and close below the Support zone. You have to trade according to level breakout or breakdown. 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 with your Financial Advisor before taking any decision or trade.
NSE:NIFTY
by suraranjanganguli
Nifty Intraday Prediction Levels for 5 Dec 2023Nifty Intraday Prediction Levels for 5 Dec 2023 The chart indicates 15 min time frame. These Levels act as Support or Resistance according to price. These are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone/ Line or break down and close below the Support zone/ Line. These levels act as support and resistance. You have to trade according to level breakout or breakdown. 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 direction and levels for DEC 5th"Good morning, friends🌺! As of December 5th, the global market sentiment is moderately bullish, supported by the Dow Jones. However, our local market sentiment shows an extremely bullish trend. It might open with a neutral to slightly gap-down, considering the GiftNifty value at -20. Regarding yesterday's structure, despite a significant increase during the last session, the RSI displayed divergence. This signals a slightly negative aspect for the bullish bias. Therefore, if it opens with a gap-down, we might anticipate a 23 to 38% fib correction. If it finds support around that level, the market could shift into a ranging phase before resuming the rally. Structurally, there isn't a major correction anticipated, but sometimes, there might be a time correction. Conversely, if the initial market stages a sharp pullback and breaches the immediate resistance, then we can expect the rally to continue."
NSE:NIFTY
by Manickamtraders
NIFTY Intraday Trade Setup For 05 Dec 2023NIFTY Intraday Trade Setup For 05 Dec 2023 Bullish-Above 20710 Invalid-Below 20660 T- 20862 21020 Bearish-Below 20580 Invalid-Above 20630 T- 20419 20258 NIFTY has closed on a bold bullish note with 2% gain today. Our swing long position just blasted today. We planned a bullish swing trade above 19880 on 27 Nov which was triggered on 28 Nov. It has given more than 800 points gain till now. In the weekend it was said to book some and rest you can trail till hourly bullish price structure is intact. Tomorrow there is a chance of a pullback move. Below 20580 if bearish price structure is established then it can test 20500 zone which can act as strong intraday support. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 20710 then we will long for the target of 20862 and 21020. For selling we need a 15 Min candle close below 20580. T- 20419 and 20258. 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
Is Nifty fall near? prediction for tomorrow 5th Dec 23 As we discussed in the last analysis, nifty has moved to a bull target. Now, it's trading at its all-time high. Can it go further high? Option OI data shows it's heavy bullish. Bulls have made heavy PE writing on 20600 and 20500. on the upside, bears don't have much of a position. It seems either it can go upside down or it might go sideways. There is no Bear side for now. GiftNifty has given a High of 20910. It seems 20900 will provide a short-time resistance. Reasons : Heavy PE writing on 20600 and 20500. (Bullish) PCR = 1.36 (Bullish) The price needs to be more balanced. The market is bullish. It might go to 20900, and then it might come down. Bearish RSI Divergence. Fall is near. It might go to 20900 and then will have a fall to the downside. Verdict: Still Bullish, 20900 will be providing a nice resistance. plan of action: wait for 15 minutes candle, observe the trend, and make the position accordingly.
NSE:NIFTYLong
by finnova_
Nifty Intraday Prediction Levels for 4 Dec 2023Nifty Intraday Prediction Levels for 4 Dec 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 out and close above the Resistance zone or break down and close below the Support zone. You have to trade according to level breakout or breakdown. 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 with your Financial Advisor before taking any decision or trade.
NSE:NIFTY
by suraranjanganguli
NIFTY Intraday Trade Setup For 04 Dec 2023NIFTY Intraday Trade Setup For 04 Dec 2023 Bullish-Above 20300 Invalid-Below 20250 T- 20420 20531 Bearish-Below 20200 Invalid-Below 20250 T- 20088 19970 NIFTY has closed on a bold bullish note last week with 2.39% gain. We planned our buy trade above 19880 on daily swing breakout for a fresh ATH. A fresh ATH is done with a very good momentum and now we will just trail sl to PDL on closing basis. If a daily candle closes below PDL and then below that red candle's low we will exit longs completely. Monthly candle is also bold bullish. No reversal planning till we get a bearish price structure in hourly and daily TF. 20300 and 20200 are important levels for Monday's session. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 20300 then we will long for the target of 20420 and 20531. For selling we need a 15 Min candle close below 20200. T- 20088 and 19970. 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 Intraday Prediction Levels for 1 Dec 2023Nifty Intraday Prediction Levels for 1 Dec 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- 20190,20240,20265,20290,20340,20390,20440,… Major Supports-20080,20040,19980,19945,19915,19875,… These levels act as support and resistance. You have to trade according to level breakout or breakdown. 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 directions and levels for DEC 1st"Good morning, friends🌺! As of December 1st, the global market sentiment remains bullish, supported by the Dow Jones. However, our local market sentiment shows a moderately bullish trend. It might open with a gap-up, considering the GiftNifty value at +70. After that, if the market sustains the gap up or consolidates, then we can expect a rally continuation. On the other hand, if it doesn't sustain or if it rejects around the immediate resistance level, we can expect a correction of at least 38 to 78% in the minor swing."
NSE:NIFTY
by Manickamtraders
NIFTY Intraday Trade Setup For 01 Dec 2023NIFTY Intraday Trade Setup For 01 Dec 2023 Bullish-Above 20160 Invalid-Below 20110 T- 20270 30376 Bearish-Below 20040 Invalid-Below 20090 T- 19941 19840 NIFTY has closed on a bullish note with 0.18% gain today. It opened flat today and buy triggered as per trade setup which hit 50 points sl. Later buy triggered again and gave a compensation move of 50 points. Our swing position is going well which we planned above 19880 in the weekend (19880-20158). Tomorrow it may hit a fresh ATH above 20160. For selling we need a bearish price structure below 20070 however our short level will be 20040 on 15 Min. Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 20160 then we will long for the target of 20270 and 20376. For selling we need a 15 Min candle close below 20040. T- 19941 and 19840. 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