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Niftyoptions

NIFTY prediction for tomorrow 14 Aug 24NIFTY has shown a full sell-off today after the Heisenberg report on the SEBI chairperson. If we look at the chart now: The market is trading near the support area of 24000. The market has been receiving good support from this zone and is expected to take it again. However, as the market has bearish sentiments right now, it might break the level and continue the bearish momentum till 23500. Support levels: 23980, 23506 Resistance levels: 24441, 200 EMA, 24696 If we look at the OI data: PCR = 0.55 shows bearish market behavior. There has been a huge PE sell-off today, which shows bulls are not trusting the market anymore and come out. There is too much CE writing at higher levels than PE writing at lower levels, which shows a high chance of a bearish market in the upcoming session. I am expecting the market to follow 3 cases which are marked on the chart. Case 1 : If it breaks to the downside, it might take minor support at 24000, but it breaks to the downside and can give huge targets till 23500. Case 2 : If 24000 holds, it might get stuck in a range of 24000-24200. Case 3 : If it stays in the channel, it can become bullish and have targets of 24441. Reason: RSI < 40, showing the market is going to be in a bearish structure. The Price is trading in a good support zone. It takes support and might end up sideways. PCR = 0.53 shows that the market is huge Bearish. Price < VWAP shows a Bearish market structure. Verdict: Bearish or Sideways. Plan of action: Wait for 15 min candle. Wait for good price action on the 24000 levels, and make your positions based on cases accordingly.
NSE:NIFTYShort
by finnova_
Nifty Intraday Levels | 6-AUG-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 50 Analysis & Prediction for Monday 5 Aug 2024Disclaimer: Any of my posts should not be considered as a Buy/ Sell/Hold recommendation. This analysis is for educational and learning purpose only. I always recommend using Stop Loss and following risk management rules. Nifty is creating a retracement in a buying trend so Condition 1- if Market opens and test it's previous resistance and holds that level then I am expecting upmove Condition 2- If Market opens and retrace little more then also Price can bounce after creating support. Market can create other conditions also So wait and observe properly.
NSE:NIFTYLong
by jain_abhishek
Nifty50 Support And Resistance 30-July-24 Please find below simple resistance and support This is only for education purpose. Do your own research before investing or trading. I AM NOT SEBI REGISTERED ANALYST, SO BEFORE TAKING ANY DECISION CONSULT ANY PROFESSIONAL. We Strictly Recommend You Not To Make Any Decisions, Financial, Investments, Trading, Or Otherwise. Please Understand That Using This Information Would Be Totally At Your Own Risk. **************************************************************************** 𝐃𝐈𝐒𝐂𝐋𝐀𝐈𝐌𝐄𝐑: We/I are not 𝐒𝐄𝐁𝐈 ( Securities and Exchange Board of India ) Registered. The Information Provided Is For Educational & Instructive Purposes Only. Our Intention Is Not To Provide Any Financial Advice, Investment Advice, Training Advice, Or Any Other Advice. This Is General Information And Is Not Explicit To You Or Anyone Else. Without The Consultation Of Any Professional, We Strictly Recommend You Not To Make Any Decisions, Financial, Investments, Trading, Or Otherwise. Please Understand That Using This Information Would Be Totally At Your Own Risk. Do Not Take Any Action Unless You Are Set Up To Continue An 'All Out Misfortune " or "Total Loss". Your Misfortune Could Incorporate Cash You Contributed Just As Commissions And Exchange Charges
NSE:NIFTY
by solitaryverma
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