Get started

Niftylevels

Nifty Intraday levels | 8-JULY-2024#Optionbuyers #Niftyoptionscalping 1️⃣ Zones you always Like:- 👉Green zone- Institutional support 👉Red zone - Institutional resistance 👉Gap between institutional zones is always of 100 points 👉Zone is created with the help of pivot points and Fibonacci 👉Advance version of price action 👉Trades based on Nifty future chart 2️⃣ Trade Execution:- 👉Trade based on order flow data 👉Timeframe - 1 min and 5 min 👉Risk Reward Ratio always 1:2 👉Strike price always ATM & slightly ITM 👉Maintain Position sizing according to your own method 3️⃣ House Rules in trading:- 👉Sharp at 9:15 AM 👉Priority to risk management 👉Fast execution (morning breakfast) 👉Stop-loss 10 points (strictly) #ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌 🙏FOLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view !
NSE:NIFTY1!
by ReviveTraders
#Nifty directions and levels for July 8thGood morning, friends! 🌺🍬 Here are the directions for July 8th: The global market has a moderately bullish sentiment on the Dow Jones. Our local markets are showing a moderately bullish sentiment as well. However, today, the market may open with a neutral to slightly gap-down start, as indicated by GiftNifty, which shows a decrease of 30 points (as of 8:00 AM). Nifty had a solid pullback even though it opened with a gap-down. If you look at the structure, it is showing a range market, and GiftNifty also indicates that. So, the first scenario is if the market opens with a gap-down and sustains, we can expect a minimum of 24,266 to the demand zone. Structurally, it may consolidate over there, but by the end of the day, it might fall further. Alternatively, if the initial market takes a pullback, then it may reach a minimum of the swing high at 24,431 and 24,464 with minor consolidations. Here is one more thing, and this is my personal opinion: I think the market might take a range-bound structure until the budget, similar to how the market behaves before election results. This means one day it might take a bullish bias, then another one or two days it may go bearish, and then again it may take a bullish bias. Experts are expecting this pattern.
NSE:NIFTY
by Manickamtraders
Nifty Intraday Support & Resistance Levels for 08.07.2024On Friday, Nifty opened gap-down but found support at the gap level (24,123 - 24,207) and bounced back to close with a gain of 22 points at 24,323.85. The weekly and daily trends (50 SMA) remain positive. Support Levels: Near Small Support/Demand Zone (15m): 24,204 - 24,244 Far Support/Demand Zone (30m) in the Gap Level: 24,110 - 24,148 Support/Demand Zone (75m) for Weekly Trade: 24,056 - 24,150 Major Support/Demand Zone (Daily): 23,350 - 23,667 In the coming days, the 24,000 - 24,200 range will be a major support in the short term. Resistance Levels: Near Small Supply/Resistance Zone (30m): 24,372 - 24,401
NSE:NIFTY
by PriteshPal
NIFTY Intraday Trade Setup For 8 Jul 2024NIFTY Intraday Trade Setup For 8 Jul 2024 Bullish-Above 24410 Invalid-Below 24360 T- 24590 Bearish-Below 24160 Invalid-Above 24210 T- 23985 NIFTY has closed on a slight bullish note with 1.3% gain last week. Its been 22 consecutive sessions, after 4th Jun fall index has been under bull's grip. As said last week we will get a hint of weakness of bulls only when index will close below PDL in daily TF. However we will need more confirmation of price bend which is a bearish price action in daily TF to call it a reversal. 24410 can be a good trigger to another bullish move towards 24590. 24410 and 24160 will be zone to watch out for breakout. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 24410 then we will long for the target of 24590. For selling we need a 15 Min candle close below 24160. T- 23985. 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
HDFC Bank Tanks, Drags Bank Nifty & Nifty Ends at a New ATHNifty 24324/+0.09%/5-7-24 The Open Price was -89 (83) points compared to the closing price of the previous session, giving a negative start to the day. Nifty made a low at 24169 )24281) which is a downward shift to the lower base and is not a positive sign . The Close Price was 111 (-68) as compared to the open price which is a positive sign. The Close - High difference was 39 (99) points which is also a positive sign - Nifty jumped up sharply in the last half an hour. Nifty’s range for the day was 194 (120) points. Nifty made a lower high, a lower low, and a higher close. The price action is bullish. Bank Nifty 52660/-0.83%/5-7-24 The Open Price was 392 (268) points compared to the cloning price of the previous session giving a positive start to the day. Bank Nifty made a low at 52290 (52816) which is a significant downward shift to the lower base and a negative sign. The Close Price was 100 (-254) points from the open price which is a positive sign. The Close - High difference was 158 (254) points and this mainly due to the fact that the high was hit at the open itself and there was late recovery in the index. Bank Nifty’s range for the day was 528 (542) points. Bank Nifty made a lower high, a lower low, and a lower close. The price action is tentatively bullish. Insights for 5-7-24 India Vix ended at 12.70/-1.24%. Nifty Lifters 38 Reliance, SBI, and LT. Nifty Draggers 52 HDFC Bank, Titan, and M&M. Bank Nifty Lifters 324 SBI, Kotak Bank, and Axis Bank. Bank Nifty Draggers 832 HDFC Bank In yesterday’s post I had mentioned that holding on to 52800 on a closing basis is very crucial for Bank Nifty. And the session’s high was 52817. Bank Nifty was under extreme pressure as HDFC Bank tanked almost 5% and contributed over 800 points fall in the index. Bank Nifty was able to recover in the last half an hour but it was not enough to take it above 52800. On the other hand, Nifty made a sharp recovery in the last half an hour of price action and ended at an All Time High close. This was possible mainly on account of short-covering in Infosys and HDFC Bank. The indices were volatile, but the India Vix is not reflecting the same and it ended with a decline. FIIs bought 1241 Crs DIIs Sold 1651 Crs Net -410 Crs What May Happen Next Week The next week may start seeing Q1 results getting released so the indices are likely to swing in line with what the traders/investors interpret of the numbers. For Bank Nifty, 52800 is a key resistance level and unless it opens gap up, and HDFC Bank does not fall further, the index may stage a recovery towards 53000. Nifty has shown resilience around 24200 and it appears that there are a good number of buyers around that level. So as long as it trades above 24200-250, the up move is more likely to continue.
NSE:DAVANGERE
by AVENUESOFINVESTMENT
Nifty levels - Jul 08, 2024Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We hope you find this information beneficial in your trading endeavors. * If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it. Wishing you success in your trading activities!
NSE:NIFTY
by sacxe
NIFTY MATHEMATICAL LEVELS These Levels are based on purely mathematical calculations. Validity of levels are upto expiry of current week. How to use these levels :- * Mark these levels on your chart. * Safe players Can use 15 min Time Frame * Risky Traders Can use 5 min. Time Frame * When Candle give Breakout / Breakdown to any level we have to enter with High/Low of that breaking candle. * Targets will be another level marked on chart * Stop Loss will be Low/High of that Breaking Candle. * Trail your SL with every candle. * Avoid Big Candles as SL will be high then. * This is one of the Best Risk Reward Setup. For Educational purpose only
NSE:NIFTY
by YASHSINCE1995
#Nifty levels and direction for July 5th.Good morning, friends! 🌺🍬 Here are the directions for July 5th: The global market had an oscillation but continues to range based on the Dow Jones. Our local markets are showing a moderately bullish sentiment. However, today, the market may open with a neutral to slightly gap-down start, as indicated by GiftNifty, which shows a decrease of 60 points (as of 8:00 AM). Nifty and Bank Nifty both have the same sentiment. They have been moving in consolidation. Let's look at this. Yesterday, Nifty reached a new high but did not sustain it. Structurally, there hasn't been a significant correction, as indicated by the global market trends. Therefore, if the market opens with a gap-down today, it may find support at the immediate support level. If this occurs, the consolidation range is likely to continue. This is our first scenario. On the other hand, if it doesn't find support there or if it consolidates a little around the support, then we can expect the correction to continue.
NSE:NIFTY
by Manickamtraders
Nifty Intraday Support & Resistance Levels for 05.07.2024Nifty opened gap-up and made a new all-time high of 24,401 but closed flat with just a 15-point gain. The weekly and daily trends (50 SMA) remain positive. Support Levels: Near Small Support/Demand Zone (15m): 24,239 - 24,267 Multiple Timeframe Support Zones near Gap Level (24,123 - 24,207): This indicates that 24,000 - 24,200 will be a major support in the short term, and we might see a bounce from these levels. Support/Demand Zone (30m) in the Gap Level: 24,110 - 24,148 Support/Demand Zone (75m) for Weekly Trade: 24,056 - 24,150 Support/Demand Zone (15m): 23,985 - 24,912 Major Support/Demand Zone (Daily): 23,350 - 23,667 Resistance Levels: Near Small Supply/Resistance Zone: 24,377 - 24,401 Currently, there is no additional supply zone seen on the chart.
NSE:NIFTY
by PriteshPal
Bull Run Over? Will Nifty Return to 19K? | Nifty50 Wave AnalysisWave has already shared the Nifty wave counting (2020-24) earlier. Please refer to the following links: Nifty Elliott Wave Analysis 2020-24 With Subordinates Counting Strong Wave 5th is Happening: Nifty Wave Analysis in DTF The big wave 5th of the impulse, which started from the 2020 COVID bottom, has hit 261.8%, and we have to go for a degree correction. Three possibilities: 1. Rally Continues : Wave 5th can go in extension further if Nifty can sustain weekly candles above 24,127. It can hit 26,000, but the possibilities are very low due to many factors like divergences, Ichimoku gaps, Yearly CPR etc. 2. Time-wise Correction: Nifty can stay in a big range (4,000-5,000 points) for one or two years. Who can benefit from this? Option sellers, for sure. 3. Price-wise Correction: Nifty can see a sharp fall to the demand zones we mentioned. Who can benefit from this? Option buyers, directional options and future sellers. Note: Edge is compulsory for any trades to avoid unexpected events since it's going to be a positional trade. Entry Points: Current Market Price is 24,302, and a 1-hour candle close below 24,170 is our short entry. Stop Loss: The safest SL is 24,610, but if this SL is too big for swing/intraday traders, they can keep the stop loss above 24,450. Targets: We have mentioned three demand zones in the chart based on Fibonacci retracement: First Demand Zone: 22,000-22,500 Second Demand Zone: 20,030-20,960 Third Demand Zone: 18,000-18,500
NSE:NIFTYShort
by WaveMoku
2
NIFTY Intraday Trade Setup For 5 Jul 2024NIFTY Intraday Trade Setup For 5 Jul 2024 Bullish-Above 24410 Invalid-Below 24360 T- 24590 Bearish-Below 24280 Invalid-Above 24330 T- 24090 NIFTY has closed on a complete flat note today. It opened with 80 points gap up and ended at buy level. Till now we have been closing above PDL, close will PDL will give us a hint that bulls are not much interested. But in terms of trading executions we need bearish price action in daily TF after closing below PDL. Chances of a cool off is high as tomorrow is last session of the week, people may book longs as the whole week was in favor. Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 24410 then we will long for the target of 24590. For selling we need a 15 Min candle close below 24280. T- 24090. 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 Levels | 4-JULY- 2024#Optionbuyers #Niftyoptionscalping 1️⃣ Zones you always Like:- 👉Green zone- Institutional support 👉Red zone - Institutional resistance 👉Gap between institutional zones is always of 100 points 👉Zone is created with the help of pivot points and Fibonacci 👉Advance version of price action 👉Trades based on Nifty future chart 2️⃣ Trade Execution:- 👉Trade based on order flow data 👉Timeframe - 1 min and 5 min 👉Risk Reward Ratio always 1:2 👉Strike price always ATM & slightly ITM 👉Maintain Position sizing according to your own method 3️⃣ House Rules in trading:- 👉Sharp at 9:15 AM 👉Priority to risk management 👉Fast execution (morning breakfast) 👉Stop-loss 10 points (strictly) #ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌 🙏FOLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view !
NSE:NIFTY1!
by ReviveTraders
Nifty Important Intraday levels for 04/07/2024Good morning everyone. Nifty 50 ended at a new all time closing high of 24286. I am expecting nifty to hit 24375 followed by 24500 in the coming sessions, 24075 is looking immediate support, crucial support at 23850. Resistance we can face 24400 in intraday. Important Levels for Nifty:- Strong support zone 24000 Strong resistance zone 24500 Buy above 24325, if levels sustain at least for 15 mints. Targets we can see in upside 24398/24453+ Keep stop loss at 24227 Sale below 24227, if levels sustain at least for 15 mints. Targets we can see in downside 24152/24072 Keep stop loss at 24325 Note:- if there will best Hero Zero Trade then i will update here according to price action, so stick with us and follow us to get notity at right time. Till then enjoy but don't overtrade and Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction. Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
NSE:NIFTY
by TraderRahulPal
Nifty levels - Jul 05, 2024Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We hope you find this information beneficial in your trading endeavors. * If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it. Wishing you success in your trading activities!
NSE:NIFTY
by sacxe
#Nifty directions and levels for July 4th.Good morning, friends! 🌺🍬 Here are the directions for July 4th: The global market continues to range based on the Dow Jones. Our local markets are showing bullish sentiment. However, today, the market may open with a gap-up start, as indicated by GiftNifty, which shows an increase of 70 points (as of 8:00 AM). Nifty and Bank Nifty both have the same sentiment. Let's look at this. Once again, Nifty broke its all-time high yesterday, but the market couldn't move that much and moved into consolidation in the previous session. As usual, the consolidation may continue the trend. GiftNifty also indicates that, but the structure suggests that today the market may also take consolidation even if it opens with a gap-up. This is our first variation: That's if the market rejects around the immediate resistance or if the gap-up doesn't sustain, then we can expect a 23% to 38% retracement in the minor swing. After that, if it finds support at either the 23% or 38% levels, then we can expect consolidation followed by a rally continuation. A correction will occur only if it breaks the 38% Fibonacci level. If it breaks, we can expect the next targets to be 50% and 78%.
NSE:NIFTY
by Manickamtraders
3
Nifty Intraday Support & Resistance Levels for 04.07.2024Nifty opened gap-up, making a new all-time high of 24,309.15 and closed at higher levels, gaining 162 points. Both the weekly and daily trends (50 SMA) remain positive. Support Levels: Near Support/Demand Zone (30m) in the Gap Level: 24,110 - 24,148 Near Support/Demand Zone (15m): 23,985 - 24,012 Near Support/Demand Zone (75m) for Weekly Trade: 23,671 - 23,754 Major Support/Demand Zone (Daily): 23,350 - 23,667 Currently, there is no supply zone seen on the chart. Note: Small Demand/Support zone (5m) is at 24239 - 24260
NSE:NIFTY
by PriteshPal
Nifty weekly expiry analysis for 04/07/2024.Nifty on the daily time frame has formed a doji after a good gap up opening. Market is travelling on the upper side which is a good sign for the trader waiting for a shorting opportunities. Today it remained in a range from the lower range of 24230 to upper range of 24300. If there is a flat to slight gap down opening, the market will opening this range and trader can be initiated once the levels are breached. In case of a huge gap up opening, there are chance of profit booking or retesting the current resistance zone. Major Resistance :- 24300-310 Support levels :- 24240, 24180 Tomorrow is the weekly expiry for the index and this week the expiries had decayed at a certain levels after initial hour movements. The consolidation today is the good sign for intraday traders and a break down can be traded with more conviction. Wait for the price action near the levels before entering the market.
NSE:NIFTY
by Mambotrade
NIFTY Intraday Trade Setup For 4 Jul 2024NIFTY Intraday Trade Setup For 4 Jul 2024 Bullish-Above 24310 Invalid-Below 24260 T- 24450 Bearish-Below 24200 Invalid-Above 24250 T- 23975 NIFTY has closed on a bullish note with 0.67% gain today. Whole gain is however contributed through gap up and Large cap banks move. Index will be bullish till it closes above PDL and when it will close below PDL then bullish sentiment will be changed to bearish. However confirmation will be a bearish price action in daily TF. Tomorrow's best trade will be on today's range breakout. Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 24310 then we will long for the target of 24450. For selling we need a 15 Min candle closes below 24200. T- 23975. 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
Where is Nifty 50 Headed Next? Is the journey coming to an end? Date: 3rd July 2024 Nifty Elliot Wave Analysis - Daily Time Frame General Trend: Since March 2023, Nifty 50 has surged in a remarkable uptrend, skyrocketing from around 17,000 to an impressive 24,300—a spectacular leap of 7,300 points. So, has Nifty 50 reached its limit? Is the journey coming to an end? Here is our previous analysis, which we posted on June 18th, and we are still using the same wave count. Ichimoku Cloud: Applying the Ichimoku cloud to the chart, we see that Nifty 50 is trending above the Monthly, Weekly, Daily, and Hourly clouds. This suggests that Nifty 50 still has more ground to cover. No sign of reversal yet in Ichimoku and Price action. Elliott Wave Analysis: Applying Elliott wave analysis to the entire leg of Nifty 50’s journey from March 2023 suggests that we are currently in subwave 3 of Wave 5. The Wave 5th has already completed its minimum target at 127% (23,898) and is now looking to hit 161.8% (24,600). If this is surpassed, we could see 25,000+ which corresponds to the 200% Fibonacci ratio. The Nifty trend will change only if the daily candle closes below 23,898. Disclaimer: We are not SEBI registered. The content presented here is based on personal opinions. Conduct your own research and consult with a qualified financial advisor before making any investment decisions.
NSE:NIFTYLong
by WaveMoku
2