#Nifty directions and levels for January 1st."Very happy New Year, friends! May the New Year overflow with prosperity, successful investments, and exciting opportunities for our stock market. Wishing everyone a year of wise choices, profitable trades, and joyous moments. Happy New Year to our incredible team!🤝🍬🌺❤️
Here are the directions for January 1st: The global market sentiment is moderately bullish, supported by the Dow Jones, while our local market sentiment shows a similar trend. It might open with a neutral to gap-down start, as indicated by Giftnifty showing -40.
Structurally, both Nifty and BankNifty indicate a range market, so we can expect significant movement after the immediate levels are broken. On the other hand, if they reject around the immediate level, then the range is likely to continue."
Niftyintradaytradesetup
NIFTY Intraday Trade Setup For 01 Jan 2023NIFTY Intraday Trade Setup For 01 Jan 2023
Bullish-Above 21810
Invalid-Below 21760
T- 21940 22070
Bearish-Below 21670
Invalid-Above 21710
T- 21570 21435
NIFTY has closed on a bullish note last week with 1.79% gain. Index is approaching 22k mark as discussed in the last week. Possibility of a major top seems near 22500 zone. However 22070-22100 can also trigger profit booking being a round level zone. No plan of sell till the bullish price structure is intact in daily TF. Since last 2 sessions it index has formed a range 21810 and 21670 are the level for range shift. We will plan directional trades on this range breakout.
Coming to Monday's trade setup, if index opens flat and a 15 min candle closes above 21810 then we will long for the target of 21940 and 22070.
For selling we need a 15 Min candle close below 21670. T- 21570 and 21435.
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.
Happy New Year In Advance
Nifty Intraday Trade Setup | 1st Jan '24Today was a range bound day, Nifty moved in 70 points range from 21760 to 21690 broadly. Sell trade triggered below 21720 and Nifty hit our 1st target on the downside.
For tomorrow, if Nifty sustains above 21760 we expect to see more upside towards 21790 and upper marked levels. On the other side, if Nifty breaks 21670 on the downside, we may see 21630 and below marked levels on the chart.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 21760
Sell Below - 21670
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
Nifty - Intraday levels & Prediction for 02nd Jan 2024Happy New Year 2024 to everyone.. New beginnings are just around the corner.
Nifty Prediction for Tomorrow
BEARISH Reversal from 2780-21800 Resistance zone, any breakout of this level we can expect BULLISH Rally.
Look for Buy/Sell at Demand and Supply zone for profitable trades.
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 prediction for 1st Jan 24 (🚀 Happy New Year 🚀 ) 🥳Greetings, fellow traders! As we bid farewell to 2023 and welcome 2024, I want to wish you all a very Happy New Year. 🎉
What a year it has been for us! We have witnessed some incredible highs and lows in the market, and we have learned a lot from our successes and failures. We have also grown as traders, honing our skills and strategies, and adapting to the changing conditions.
But we are not done yet. We have a new year ahead of us, full of new opportunities and challenges. We have a chance to start fresh, to correct our mistakes, and to improve our performance. We have a goal to achieve, to become the best traders we can be.
And we will do it together, as a community of passionate and dedicated traders. We will support each other, share our insights and tips, and celebrate our wins. We will also be smart and disciplined, following our plans and rules, and managing our risks and emotions.
So, are you ready to take on 2024? I know I am. But before we do, let’s take a moment to review the most important index for the Indian market: NIFTY.
NIFTY has been moving in the rising Bullish zone, as discussed. It has touched the upper channel of the bullish zone. This indicates Nifty will soon be taking a bearish move. Looking at OI PCR = 0.90 (Neutral) indicates the market is neutral for now. But the chart indicates it will turn bearish soon.
Reasons:
RSI is 40-60, which is mostly sideways; OI confirms the same.
it's near the middle channel of the bullish zone. If it breaks to the downside, it will trigger a bearish move in the market.
Price > EMA(50,200), which indicates the market is still in bulls' control.
Green Zone, which is 21500, will be providing nice support, which is also a barrier between bullish and bearish zones here.
RSI shows bullish divergence, as has been marked on the chart.
Verdict:
Neutral OR Bearish
Plan of action:
Sell 21800 CE and 21500 PE and hedge them with a small premium option value.
Nifty Intraday Trade Setup | 29th DecToday was a typical expiry day, Nifty opened with a gap-up and after consolidation made a low at 21678 and our buy level was 21680. Nifty gave a good upside from our buy level towards 21801 and all our targets were done. Though we took Nifty Sell trade and booked approx 40 points profit in options that was the only trade for today.
For tomorrow, if Nifty sustains above 21850 we expect to see more upside towards 21890 and upper marked levels. On the other side, if Nifty breaks 21720 on the downside, we may see 21680 and below marked levels on the chart.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 21850
Sell Below - 21720
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
Nifty View - 14 December 2023Nifty has been stronger than BNF today. Since the trend is bullish, it makes sense to enter this trade.
21700 to 21747 market can be sideways. Above 21747, we can see buyers. Target, if bullish, should be 21762 and 21775-21785.
Below 21700, we can see bearishness. The target should be 21689.
I'm leaning towards bullishness with the multi-day trend - today is a bit tricky as there is no clear intraday trend. I will manage R to R accordingly.
A good entry is between 21710 and 21720.
NIFTY Intraday Trade Setup For 29 Dec 2023NIFTY Intraday Trade Setup For 29 Dec 2023
Bullish-Above 21810
Invalid-Below 21760
T- 21940 22070
Bearish-Below 21720
Invalid-Above 21770
T- 21577 21436
NIFTY has closed on a bullish note with 0.57% gain today. It opened with gap up above our buy level. 10 o'clock range was to be used as per trade setup. Range broke upside above 21760 and till 21801. It was more or less sideways the whole day, the momentum. Index is at striking distance from 22k mark which is going to be the next zone for a bull stop. Tomorrow there can be 2 way move so be ready to trade Intraday market structure. 21810 and 21720 are important levels for tomorrow's session.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 21810 then we will long for the target of
For selling we need a 15 Min candle close below 21720. T-
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.
FASP levels for Nifty 29/12/2023The FASP for Nifty is listed for 29-12-2023. 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 | 28th DecToday was a highly volatile day. Nifty opened with a gap-up above 21500 and we saw a good up move in morning towards 21600 odd levels where we saw a fast profit booking but Nifty took a support from trend line around opening price and gave another rally.
In 3 PM candle Nifty gave a breakout and we saw quick 80 - 85 points move. For tomorrow, if Nifty opens flat and sustains above 21680, we may see a follow-up buying towards 21720 and upper marked levels. On the other side, if Nifty breaks 21550 on the downside, we expect to see further selling towards 21510 and below marked levels on the chart.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 21680
Sell Below - 21550
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
Nifty Live Intraday updates (Monthly Expiry)Nifty important levels to watch are as follows
📍 Support: 21580
📊Sell below: 21580 only on 15 minute candle closure below the level.
📉Target 1: 21500
📉Target 2: 21420
📍 Resistance: 21675
📊 Buy Above: 21675 only on 15 minute candle closure Above the level.
📈Target 1: 21775
📈Target 2: 21840
⚡⚡ 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 refer our Indicators published on tradingview if you find it useful give it a like.
⚡⚡ Follow us for more such information, 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.
NIFTY Intraday Trade Setup For 28 Dec 2023NIFTY Intraday Trade Setup For 28 Dec 2023
Bullish-Above 21680
Invalid-Below 21630
T- 21825 21970
Bearish-Below 21570
Invalid-Above 21620
T- 21435 21298
NIFTY has once again closed on a bold bullish note with 1% gain. In the weekend we already discussed that 21400 is the level for a bullish structure and breakout of the same will propel markets to hit a fresh ATH. It was smooth from 21400-21675 and now major resistance is 21960-70. Today buy triggered as per trade setup above 21480 and hit first target however it opened with a slight gap up. 21680 and 21570 are important levels for tomorrow's session.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 21680 then we will long for the target of 21825 and 1960-70.
For selling we need a 15 Min candle close below 21570. T- 21435 and 21298.
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.
Nifty Intraday Trade Setup | 27th DecToday Nifty opened flat and after taking support @ 21350 we saw good up move and some selling from tops. We bought 21400 CE in morning which we booked with good profit and then also bought 21550 PE which gave a decent profit again.
For tomorrow, if Nifty sustains above 21480, we expect to see more up move towards 21520 and above marked levels. However, if Nifty unable to hold 21400, we may see more selling towards 21360 and below marked levels.
This week volumes are low as FIIs are on holiday, trade cautiously with small quantity.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 21480
Sell Below - 21400
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
Sequent Scientific PE is negative at -42
THE CARLYLE GROUP ACQUIRES A MAJORITY STAKE IN SEQUENT SCIENTIFIC LIMITED
Shares of Sequent Scientific soared over 9 percent in early trade on September 15 after the company's board approved the sale of its API (Active Pharmaceutical Ingredient) facility in Thane
Sequent Scientific (NSE:SEQUENT) delivers shareholders decent 8.8% CAGR over 5 years
Sequent Scientific shares jump 15% after terminating Tineta Pharma's proposed acquisition
mutual funds have increased stake from 0.25% to 1%
DII also increasing stake significantly
stock has come out of accumulation Phase!!!
NIFTY Intraday Trade Setup For 27 Dec 2023NIFTY Intraday Trade Setup For 27 Dec 2023
Bullish-Above 21480
Invalid-Below 21430
T- 21650 21800
Bearish-Below 21390
Invalid-Above 21440
T- 21230 21060
NIFTY has closed on a positive note with 0.43% gain today. Buy triggered as per trade setup above 21400 and gave 75 points gain in favor till 10:30 A.M and later turned complete sideways within 70 points range near 0.786 zone. It has broke 21400 so as per weekend analysis it is ready for a fresh ATH. Above 21480 tomorrow we are likely to get a good upside move with momentum. Important resistance lies near 21800 zone. Below 21390 there is a chance of NIFTY sliding towards 21200 zone.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 21480 then we will long for the target of 21650 and 21800.
For selling we need a 15 Min candle close below 21390. T- 21230 and 21060.
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.
Nifty Live Intraday Updates for 26-12-23 !!Nifty important levels to watch are as follows
📍 Support: 21325
📊Sell below: 21325 only on 15 minute candle closure below the level.
📉Target 1: 21280
📉Target 2: 21220
📍 Resistance: 21395
📊 Buy Above: 21395 only on 15 minute candle closure Above the level.
📈Target 1: 21440
📈Target 2: 21500
⚡⚡ 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 refer our Indicators published on tradingview if you find it useful give it a like.
⚡⚡ Follow us for more such information, 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.
#nifty directions and levels for DEC 26th"Good morning, friends. Here are the directions for December 26th: The global market sentiment is moderately bearish, supported by the Dow Jones, while our local market sentiment shows a similar trend. It might open with a neutral to a gap-up start, as indicated by Giftnifty showing +45.
If the market sustains the gap-up or consolidates, we can expect a range market to pull back for continuation. On the other hand, if the initial market declines sharply or the initial pullback is rejected around the immediate resistance, then we can expect a correction. In my opinion, we are experiencing a range market structure, which is a challenging aspect of trading. Therefore, if we witness a solid structure or minor consolidation, we can consider this for a trend continuation trade."
FASP levels for Nifty 26/12/2023The FASP for Nifty is listed for 26-12-2023. 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 26 Dec 2023NIFTY Intraday Trade Setup For 26 Dec 2023
Bullish-Above 21400
Invalid-Below 21350
T- 21550 21710
Bearish-Below 21230
Invalid-Above 21280
T- 21058 20905
NIFTY has formed a halt candle after 7 weeks. It is very obvious after a strong rally, pullbacks are common. 21600 is a short term top formed and next leg of rally will be triggered above that. In hourly TF below 20970, pullback cum down move will be extended till further lower levels. However 20750 will act as a very strong support in the downside. In 15 Min TF it has retraced till 0.618 of the fall. Now both possibility opens up, 21400 will give us a bullish structure once again and propel markets to fresh ATH. Below 21230 the pullback move will get triggered.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 21400 then we will long for the target of 21550 and 21707.
For selling we need a 15 Min candle close below 21230. T- 21058 and 20905.
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.
NIFTY prediction for tomorrow 26 Dec 23NIFTY has been moving in the parallel channel, as has been marked on the chart. NIFTY has 200 EMA support downsides, which have not been tested once. Now, there are only 2 possibilities: it stays in the above channel, and it will be going high and touch the upper channel and face resistance there. But if it stays in the lower channel, then it will surely touch the 200 EMA.
Reasons:
Price = EMA(13,50) can go up or down. (Indecisive)
RSI is 40-60, mostly sideways momentum. (Sideways)
HH and HL formation trend is still bullish unless it makes the HL. (Bullish)
PCR = 1.12 shows bullishness in the trend. There are higher chances to stay in the above channel.
According to the OI data, 21300, 21200, and 21400 Have high PE Writing on the last trading day. But Overall, 21500 has been showing hard resistance 21200 as a support point. This week's expiry is expected to end in 21200-21500.
Verdict:
Bullish is in the green channel, and Bearish is in the red channel.
Plan of action:
Intraday: observe the 15-minute candle, then make the position based on chart analysis.
Weekly position : Sell 21200 PE + Sell 21500 CE.
Nifty - Weekly Analysis & Prediction for 26 to 29th Dec 2023Nifty Prediction for Tuesday and Next Week
BEARISH Trend & Strong Trending move is expected
I have marked the support and resistance levels in the chart which you it yours and plot the levels on your chart. Also I have marked the direction which Im expecting next week and for tuesday.
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 directions and levels for DEC 22.#Nifty >
"According to the wave structure, it's within a range market zone. Even if it opens with a gap-up or initial market declines, we can expect a minimum correction ranging from 38 to 61%. This correction signifies a minor retracement within the range market. A significant correction is expected only if it breaks the previous low. Furthermore, a pullback continuation is anticipated only if it forms a solid opening structure (such as a long gap-up or consolidation followed by a gap-up)."






















