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Niftylong

Inverse head & shoulder activated in 1 hour ?Hi All, I already posted an idea with 15 minutes. I will give reference below. If we see in 1 hour from 27 Jul this pattern is getting formed and rejected multiple times at upper trendline. If we draw inverse head & shoulder pattern touching with the trendline we can see breakout has happened already today. If this retests target is previous all time high. Always trade carefully with proper SL because it’s your hard earned money. Please note this is just my observation and purely for educational purposes only. Consult with your financial advisor before taking any trade.
NSE:NIFTYLong
by tmvinoth3
Nifty trade Setup for 07-08-2023Nifty important intraday levels to watch for 07-07-2023 #Support: 19485 Short if candle closes below 19485 #resistance: 19550 Long if candle closes above 19550 #Targets on downside after break of support. Target 1= 19440 Target 2= 19380 #Targets on upside after break of resistance. Target 1= 19660 Target 2= 19730 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.
NSE:NIFTY
by InvestyourAsset
Nifty50 Analysis! Triangle Breakout!Nifty 50 Daily Analysis! Trinagle Pattern formation in Nifty50! Triangle Pattern Breakout in Nifty50! Nifty50 formed a Triangle on a daily Timeframe. Today It has given breakout and closed above the resistance trendline. We can expect further upmove in Nifty50 in upcoming trading sessions. Rest of all Analysis is on the chart please take a look. Entry = Depends on how market opens on Monday Stop Loss = Below 18337.75 Targets = 1) 18612.70 2) 18740.15 3) 18949.90 Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4) Don't trade with full capital
NSE:NIFTYLong
by Avinash9087
1
06 Jul '23 Post Mortem on Nifty I became a believer today, amazing outperformance by our stock market indices, Nifty50 hits a new all time high of 19512.2 (conquering the 19500 level for the first time). At 19350 levels I had an interim top call & the market has proven me wrong (yet again). Today's super surge is nothing short of extra ordinary, the global cues were pretty negative after US FED indicated further rate hike possibilities. As I write this report, SPX is down 1.3%. Still our Nifty50 propelled to new highs. The breakouts are not stopping, the bulls have chased away the bears yet again.  --- Weekly Analysis Nifty50 Between last expiry Jun 28th & today, Nifty50 has gained 2.57% ~ 488pts. The neatest ~ 500pts rally I have seen in a while. This is absolutely due to the breakout we had from the 18880 levels! Today's Analysis We had an intraday rally from LOD to HOD of 138pts ~ 0.72%. The leg1 of spike was from open to 11.35 where we gained 0.51% and then leg 2 was short & crisp 14.05 to 15.10 with gains of 0.37%. The closing 1hr yet again proving to be pivotal w.r.t movements. The daily candle on N50 looks even more exciting with 6 strong green candles out of the last 8 working days. Who is going to tame the bull now?
NSE:NIFTY
by viswaram
05 Jul '23 Post Mortem on NiftyI had a feeling that we are nearing a top after seeing the price action on 03 Jul. The 4th Jul session was also cementing that thought. And today's session till 14.35 was giving me lot of confidence to take a short position. But what happened from 14.40 to close, esp. 15.500 to 15.10 was simply unbelievable. Nifty rose 0.42% ~ 81.3pts to end the day flat at 0.05% gains. The strength in that recovery is now putting a big question mark on my interim top call. Although we did not take out the ATH today  - that momentum would have crushed the hopes of many bears. Last day we discussed how we require strong CE shorting to start a downward slide, unfortunately that was not visible today.  1hr TF Ever since we had that breakout from the 18880 levels, N50 has appreciated another 3% ~ 569pts. Either the rally is over extending or the bullish sentiment is so strong to wipe out the bears. It is quite easy for N50 to scale up as there are no more friction points, similarly its much easier to breakdown as we dont have support points too. The last 30mts of today's trade has given confusing signals now. I have marked a trading band between 19304 to 19415 (length of the 1st hour candle on 04 Jul). Till this band is not broken - I have decided not to take any bets.
NSE:NIFTY
by viswaram
Nifty50 Analysis! Trend Reversal is on the way!NIFTY50 Daily Analysis! Head and Shoulder Pattern Formation in NIFTY 50! Head and Shoulder Pattern Breakout in NIFTY 50. Currently Retesting! NIFTY 50 was clearly in a Downtrend till 28th March. Nifty has moved in downtrend is about 4 months. From December 1 Nifty is falling like anything. After that Nifty started moving upwards. Now Nifty has made a nice Head and Shoulder Pattern on a Daily Timeframe and it started retesting to its support level 18069. Scenario 1 = If Nifty took support at its recent level 18069 which is also one of the important Fib levels 1.618(Nifty will move up to 18369.30 ) = UP Scenario 2 = If Nifty breaks above level(Nifty will move down up to 17900 which is Neckline extended support trendline ) = DOWN Scenario 3 = If Nifty breaks above level(Nifty will move down up to 17557.40 which is a major swing level) = DOWN Rest of the Analysis you will find on chart. I have done all the possible Analysis on the chart which took lots of time. If you like this Analysis please support this Analysis. I hope you will lean something about Technical Analysis from this chart. Thank you all for your Support! Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4)Don't trade with full capital
NSE:NIFTYLong
by Avinash9087
42
NIFTY - Move towards Life high of 18900 likely Monthly squeeze settings up and firing long on Nifty Index Nifty has been in a 2 year consolidation patterns and finally looks strong It reversed back from 18900 last time as it was overbought - this time its not. And almost all market gurus are pessimistic and forecasting lower Nifty levels Buy September 18000 - 19000 call spread for just INR 400 (thats barely 150 rupees of time value) - Target of INR 1000 with downside of 400 Risks would be if market breaks down on some geopolitical news
NSE:NIFTYLong
by kunal_finner
2
Possible Elliott wave counts on hourly time frame of NiftyHello Friends Here we had shared possible Elliott wave counts on hourly chart of NIFTY, in which we can clearly see that currently we are in impulse structure and as per counts we can say that after bottom of June 2022, we have started fresh impulse up move, in which we had completed wave (1) and (2) and now possibly we are in wave (3), which can be at least equality with wave (1) so estimated target may be 19748 where 5 of (3) may finish, currently we are in 3 of (3) and inside 3, we are in (v) of 3 of (3). I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Some significant snapshots are shared below, please go throughout. Thanks RK💕 Overall wave structure since bottom of June 2022 Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
NSE:NIFTYLong
by RK_Chaarts
5
FASP levels for Nifty 22/05/2023The FASP for Nifty is listed for 22-05-2023. 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.
NSE:NIFTYLong
by SathishChandrasekaran
NIFTY50 trend analysisNIFTY50 index has approximately fallen 1500 points from all time highs of 18900 levels and a possible reversal is coming from major support areas of 17200 to 17000 , there maybe a start of another rally towards all time highs and also towards 20k levels in the index . A good bottom formation and a breakout of highs can give confirmation of a trend change , so for now nifty is highly possible to reach levels of 17200 from current price and am expecting a rally from 17k-17200 levels NSE:NIFTY
NSE:NIFTYLong
by sniper1290