Nifty Live Intraday updates for 02-11-2023 !Nifty important levels to watch are as follows
#Support: 19105-19100
Sell below: 19105-19100 only on 15 minute candle closure below the level.
Target 1: 19060
Target 2: 19000
#Resistance: 19165
Buy Above:19165 only on 15 minute candle closure Above the level.
Target 1: 19210
Target 2: 19265
=> # 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.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator 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.
Niftyoutlook
Nifty Live Intraday Updates for 1-11-23 !!Nifty important levels to watch are as follows
#Support: 19060
Sell below: 19060 only on 15 minute candle closure below the level.
Target 1: 19010
Target 2: 18960
#Resistance: 19100
Buy Above: 19100 only on 15 minute candle closure Above the level.
Target 1: 19145
Target 2: 19200-19230
=> # 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.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator 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.
#nifty direction and levels for NOV 1st"Good morning, friends! As of November 1st, there is no significant difference between the last session, and the global market sentiment is moderately bullish, as indicated by the Dow Jones. Our local market is also showing a moderate bullish trend. It may open with a neutral to slightly gap-down start. There is a 5th correctional wave, so if the gap-down sustains, we can expect correction continuation. On the other hand, if a pullback occurs followed by a gap-down, we can anticipate a range market between yesterday's high and the Fibonacci level of 61%."
FASP levels for Nifty 01/11/2023The FASP for Nifty is listed for 01-11-2023. 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.
31st Oct ’23 - Unusual Opening 5mts Candle - Nifty PostMortemNifty Analysis
Recap from yesterday: “Even though we added 93pts today, I have still not changed my stance to bullish. 19226 is my first level to watch out which coincides with the 38.2% retracement level of the recent fall. Then the most important zone of 19310. Ideally, I wish to go long only if the 19310 resistance is taken out.”
The open (19233.7) was quite strange, a mega gap up right at the resistance level of 19226. If we had gone further up from there, I would have definitely changed my stance from neutral to bullish. Instead, we started falling. The gap was closed in 10mts and we went further south. By 10.40 we lost almost 168pts ~ 0.88%. Fortunately for the bulls, the fall stopped right there, even the close of the day was around those levels.
From 27th Oct I had a neutral call on Nifty50. Nifty closed at 19060 then, it is at 19086 today. Connecting the dots, what I still feel is we are waiting for the bearish momentum to pick up. A look at the 1hr TF with the Fibonacci levels will cement this thought.
Since we retraced the 38.2% level of 19226 today and the reluctance to go up might be confidence-building for the bears. Also the 23.6% level forms a base for further movements. The issue is that we cannot go outright bearish now, we need further proof of that. Ideally, the 18880 support has to be taken out and that too pretty quickly. Till then I wish to maintain my neutral stance.
Nifty Live Intraday Updates for 31-10-23 !Nifty important levels to watch are as follows
#Support: 19145
Sell below: 19145 only on 15 minute candle closure below the level.
Target 1: 19100
Target 2: 19020
#Resistance: 19233
Buy Above: 19233 only on 15 minute candle closure Above the level.
Target 1: 19285
Target 2: 19360-19370
=> # 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.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator 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.
#Nifty directions and levels for oct31"Good morning, friends! As of October 31st, the global market sentiment is moderately bullish, as indicated by the Dow Jones. Our local market is also showing a moderate bullish trend. It may open with a neutral to slightly gap-down start. After that, if a pullback occurs, we can anticipate a continuation of the pullback. On the other hand, there is a sub-wave 4th in progress, so if it undergoes a correction, we can complete it and expect a 5th correction. However, it should break the Fibonacci level of 38%. If it does break the 38% level, we can consider this as the 5th correction (5th in a 5-sub-wave structure)."
NIfty Prediction today 31st OctNifty has been quite bullish for past 2 days after a long fall. but it seems it has a resistance to upside now as shown in the chart. It might move to the 19250 and then have some consolidation.
Reason:
200 EMA Resistance (Good Resistance)
Price Action Resistance (Red Zone upside)
Price > (13,50) EMA (shows bullishness)
EMA(13,50) Crossover (Bullish)
PCR = 0.78 (Neutral)
RSI > 50 (Bullish)
RSI Bearish Divergence
Verdict:
Mild Bullish
Plan of action:
Observe the 15 min Candle, follow the price action.
Nifty trading levels for 31/10/23.Nifty levels
Support :- 19070, 19900
Resistance :- 19250, 19400
Market move in a lower low lower high formation in the bearish trend.
First leg was formed after creating a ATH and after that it consolidated and now it has formed lower low. This leg is for a retest and another bearish move can be seen.
Keep in mind the festive buying will also be there.
Look for a perfect setup as there will be nice move as the consolidation was in the good range.
Nifty Live Intraday Updates for 30-10-23 !Nifty important levels to watch are as follows
#Support: 19015
Sell below: 19015 only on 15 minute candle closure below the level.
Target 1: 19950
Target 2: 19880
#Resistance: 19080
Buy Above: 19080 only on 15 minute candle closure Above the level.
Target 1: 19160
Target 2: 19200-19230
=> # 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.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator 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.
FASP levels for Nifty 30/10/2023The FASP for Nifty is listed for 30-10-2023. 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 Live Intraday Updates for 27-10-2023 !Nifty important levels to watch are as follows
#Support: 18927
Sell below: 18927 only on 15 minute candle closure below the level.
Target 1: 18890
Target 2: 18850
#Resistance: 18985
Buy Above: 18985 only on 15 minute candle closure Above the level.
Target 1: 19020
Target 2: 19075
=> # 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.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator 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.
Nifty expiry day special analysis 26th oct 2023Good morning Traders,
Guy's Nifty have broken important support zone 19200-19250. As i told you, if nifty breaking these levels then we can see further downside, now i am expecting levels towards 18800 in coming days. GIFT nifty also suggesting a negative opening, Asian Market also in Red everywhere, American Market has given closing more than 2% dowside, keeping all these parameters in mind we can analysis easily that Indian Market also gonna to react as it is..Market is on sale on rise..
Important levels for Nifty:-
Support Zone 18900
Resistance Zone 19200
Strong Support Zone 18800-18850
Strong Resistance Zone 19400-19500
Buy on opening and accumulate more if you see nifty towards 19100-19150
and kee stop loss accordingly
Targets will be 19000/18900/18800
Note:- 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
Will nifty be taking Support at 18650?As we discussed yesterday in NIfty it continue to move as bearish trend. according to the analysis it still seems to go in the same direction. as this present level is minor support line. there might be a minor support here. but at lower 18650 is strong support zone which might provide a nice support in upcoming week.
Reasons :
Price < EMAs (Bearish)
Price << 200 EMA that means minor support line might give a support here.
RSI is very low shows weakness in bullishness.
PCR = 0.61 (Bearish) too early to comment using PCR.
Verdict :
Market is still bearish
Plan of action:
You can sell higher upticks. dont make any bullish positions unless it shows some pprice action on 18650 such as double bottom or big bullish hammer or marubozu, a good signal of reversal.
Nifty daily analysis for 27/10/23.Nifty has given a nice fall in the first hour of the session and consolidated in 50 points range in the second half.
It has closed around the 200 ema on the daily charts forming another bearish candle of 265 points.
On the hourly chart, the market has after the 10:15 candle it remained in a range and has been trading below the moving averages.
There is a 3.5% fall in just 3 trading session and there are chances of taking a halt as it is trading around the crucial moving average.
Support :- 18850, 18650
Resistance :- 18900, 19000
Wait for the price action near the levels before entering the market.
Nifty Monthly Expiry 26-10-23 Live updates !!Nifty important levels to watch are as follows
#Support: 18930
Sell below: 18930 only on 15 minute candle closure below the level.
Target 1: 18860
Target 2: 18800
#Resistance: 19040
Buy Above: 19040 only on 15 minute candle closure Above the level.
Target 1: 19110
Target 2: 19200
=> # 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.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator 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.
FASP levels for Nifty 26/10/2023The FASP for Nifty is listed for 26-10-2023. 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 Trade Setup for 25-10-23Nifty important levels to watch are as follows
#Support: 19260
Sell below: 19260 only on 15 minute candle closure below the level.
Target 1: 19210
Target 2: 19160
#Resistance: 19335
Buy Above:19335 only on 15 minute candle closure Above the level.
Target 1: 19380
Target 2: 19435
=> # 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.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator 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.
Nifty Intraday levels 25th Oct 2023Good Morning Everyone,
Nifty showed a downside breakout falling below the 19334 support zone,, A long bear candle was formed on the daily time frame which could prove to be a resistance in the next upmove, Next support for nifty will be 19223, if this got breaks then nifty can head towards 18850 levels, while 19480 can provide resistance. Well Gift nifty is showing a gap up opening, but i think it will not sustains, even if we see good momentum for upside, try to sale on higher range, risk and rewards will be favorable, Well Banknifty has really broken important support zone 43300, but nifty still holding 19250 levels, a last hope for today will be 19200, any closing below this nifty will be ready to go further downside.
Important levels for Nifty:-
Important Support Zone 19200-19250
Important Resistance Zone 19450-19500
Buy above 19350, if levels sustains at least for 30 Mints.
Targets we can see in upside 19405/19482
Keep stop loss at 19273
Sale below 19273, if levels sustains at least for 30 Mints.
Targets we can see in downside 19213/19142
Keep stop loss at 19350.
Note:- 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
Monthly perspective - Tight Price ChannelPrice Range: 19200 to 19900, tight range, Charactics,
Institutional Data: Heavy Selling in past 45 days, the amount is reflected in attached screenshot.
Relative strength : Bullish
Upside: 19800-19900 is crucial range
Downside: Below 19200,
Support range 18100, 17400.
What should be done?
19200-19900 is NO ACT ZONE