Get started

Niftyoutlook

Nifty Live Intraday Updates for 20-12-23Nifty important levels to watch are as follows 📍 Support: 21430 📊Sell below: 21430 only on 15 minute candle closure below the level. 📉Target 1: 21380 📉Target 2: 21300 📍 Resistance: 20505 📊 Buy Above: 20505 only on 15 minute candle closure Above the level. 📈Target 1: 21550 📈Target 2: 21630 ⚡⚡ 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.
NSE:NIFTY
by InvestyourAsset
FASP levels for Nifty 19/12/2023The FASP for Nifty is listed for 19-12-2023. 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.
NSE:NIFTY
by SathishChandrasekaran
Nifty Live Intraday Updates for 19-12-23 !!Nifty important levels to watch are as follows #Support: 21360 Sell below: 21360 only on 15 minute candle closure below the level. Target 1: 21280 Target 2: 21150 #Resistance: 21455 Buy Above: 21455 only on 15 minute candle closure Above the level. Target 1: 21500 Target 2: 21570 Target 2: 21700 => # 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 analysis for tomorrow 19 Dec 23As we discussed yesterday, Nifty moved sideways. It gets rejected from the 21500. OI shows its preparation for the bearish move, as we can also see on the chart. I am expecting it to touch again, make the double top, and then come down. Reasons : OI has PCR 0.96, which is bullish. But there is a huge CE writing on 21400, 21450, and 21500, which shows that a bearish move is about to come. RSI is showing bullish divergence, while RSI is 50 decreasing. Its a sign of weak bull power. 21500 is acting as nice Price action resistance; also, OI shows huge CE writing on 21500. price > EMAs, which means bulls still have some power. 21250 will be acting as a nice price action support point. all-important levels have been marked on the chart. Verdict : Sideways or Bearish Plan of action: Sell 21500 CE + Buy 21650 CE
NSE:NIFTY
by finnova_
4
Nifty Live Intraday Updates for 18-12-23 !!Nifty important levels to watch are as follows #Support: 21360 Sell below: 21360 only on 15 minute candle closure below the level. Target 1: 21280 Target 2: 21150 #Resistance: 21490 Buy Above: 21490 only on 15 minute candle closure Above the level. Target 1: 21570 Target 2: 21700 => # 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
2
NIFTY Prediction for tomorrow 18 Dec 23As we have been discussing, Nifty has bullishness, but as we see the last day, 15 minutes, it has given a selling candle with high volume pressure. It might take a little rest and sideways consolidation. But OI data still shows bullishness with PCR 1.45. we can expect a more bullish move on nifty. Reason: PCR 1.45 (very Bullish) RSI 75 shows a very bullish Momentum. (Bullish) 21400 and 21300 have huge PE writing that shows the market is in control of bulls. Verdict: Bullish Plan of action: observe 15 15-minute candles and make the bull position. Only go for PE selling. Don't go for a bearish position or buy CE.
NSE:NIFTYLong
by finnova_
#Nifty directions and levels for DEC 14th"Good morning, friends. Directions for December 14th: The global market sentiment is bullish, supported by the Dow Jones. However, our local market sentiment shows a moderately bullish trend. It might open with a significant gap-up start, creating uncertainty about its exact opening position. Here's the basic structure: if the market breaks the immediate resistance with solid momentum or experiences minor consolidation, then we can expect a rally continuation. On the other hand, if it rejects around the immediate resistance, we can anticipate a correction, but it should break the 38% Fibonacci level."
NSE:NIFTY
by Manickamtraders
#nifty directions and levels for DEC 13thGood morning, friends. Directions for December 13th: The global market sentiment is bullish, supported by the Dow Jones. However, our local market sentiment shows a moderately bullish trend. It might open with a neutral to slightly gap-up start. Structurally, it's a range market. However, if the market breaks the immediate resistance 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 Analysis for tomorrow 13 Dec 23As we discussed yesterday, Nifty gave a breakout to the downside and took support near 20850. but as the pressure of the selling was quite good, the volume increased at each candle after the Breakout. We can expect more fall tomorrow. Reasons: RSI < 40 (Bearish) Bearish engulfing candle at Day-Timeframe. And it's forming at the all-time high top of the trend. (Bearish) Price < EMA(13,50) (Bearish) Bearish Golden Crossover (Bearish) Breakout of the rising wedge pattern. (Bearish) PCR has come to 0.70 from 0.93. which means the Bulls have rounded most of their position. If we see OI data 1st half today, there was only rounding off for PE writing. (Bearish) According to the OI data, there is not much support on the downside. Max Pain is 21000. (Bearish) verdict: Bearish Plan of action: SELL 21000 CE; protect it with hedging.
NSE:NIFTYShort
by finnova_
1
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 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 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
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 50 # A path for Next Move - As you can see that, Nifty has broken ATH - Market Sentiment and Technical Indicators are positive - Momentum is Positive and Trend has strength However, DO NOT EXPECT a straight Move towards 22K / 23K - Nifty must consolidate for few weeks which will serve as a Base for Next Up Move - Weekly Highs will act as a Resistance - MACD to regain the Bullish Crossover, will take some time, NEXT FEW WEEKS WILL BE RANGE BOUND, and WILL TRAP RETAILERS SO TRADE SMARTLY !
NSE:NIFTYLong
by TurtleTrader777
1
#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 Decemeber Outlook - 20473 or 19432?Nifty has been on an excellent bull run with good pullbacks and retracements for well over an year now. Today , Nifty reclaimed 20000 mark once again and the real question is what will happen next? In this educational article, lets decipher what is likely to happen in the month of December. Analysis using Fibonacci Retracement: Here is a snapshot of Nifty and we can see a great rally from March 27th to 18th September with no major retracements except few pullbacks here and there. However, Nifty underwent a good 38.2% retracement and bounced back to 20000 mark indicating that it is ready for next higher moves! Retracement Gap Pending at TOP: When the retracement move happened on 18th September, we can see a massive gap down occurred at the top. And this gap can be expected to fill first. The gap will be filled only when the Nifty touches 20142 and here is the screenshot Reversal Gap Pending at Bottom: Today as market opened straight above 19960 and there is a gap formed from previous close which will be a critical retest zone. A reversal gap will be completed only when it touches 19898. Fibonacci Extension Targets Upside: Positional analysis from march to September retracements suggests that Nify on higher side is likely to reach 20092(done), 20473, and 20855 Fibonacci Extension Targets Downside: Positional analysis from march to September retracements suggests that Nify on Downside is likely to reach 19587, 19432 and 19277 20473 or 19432 -My Outlook: This is only for educational purpose and sharing my outlook for learning purpose only. I am bullish for the following reasons 1. Retracement is done 2. Gap filling at top is pending which will attract since there is momentum, market will likely use it to fill the gap 3. A small gap at 19898 may pull Nifty to that level but positionally should continue making newer highs 4. A good retracement, consolidation and trading at peak entering into bullish December is a good sign for extended bullish run Verdict: 20473 on cards for Decemeber and who knows we may see 21K for New year 2024!
NSE:NIFTY
by SathishChandrasekaran
FASP levels for Nifty 30/11/2023The FASP for Nifty is listed for 30-11-2023. 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:NIFTY
by SathishChandrasekaran
NIFTY breakout prediction for today 29 Nov 23As we discussed yesterday, nifty broke the triangle range area and moved to the bullish zone. Now, it's likely that the momentum will continue to the upside till the next resistance level of 20000. Reasons: RSI break level 60 to upside now in bullish zone. (Bullish) Triangle breakout to upside target is hight of the trangle. (Bullish) Price > EMAs (Bullish) PCR = 1.16 (Bullish) 19800 has Huge PE writing, and on the upside, we checked the main CE writing on 20000. If it breaks this level, it might continue to have higher highs and higher Lows. Verdict: Strong Bullish Plan of action: Sell 19850 PE and buy 19900 CE
NSE:NIFTYLong
by finnova_