Title: Nifty 50: Downtrend Persists, But a Reversal PossibleNifty 50 has dropped 12% from its all-time high, causing fear in the market. However, a Wolfe Wave pattern suggests a possible bounce. After peaking at 22,277 on September 27, 2024, Nifty has been falling, with a brief rise on November 21, 2024, before hitting a new low of 22,786 on January 27, 2025. The short-term correction seems over, and an upside move toward 24,900–25,000 is likely, though risks remain—stop-loss is essential.
Disclaimer: This is for information only, not financial advice. Do your research before investing.
Niftyprediction
NIFTY 50 - BEARISH TREND WITH RESISTANCE ZONES AHEADSymbol - NIFTY50
CMP 23260
The Nifty50 is currently in a downtrend and is trading within a falling wedge pattern, indicating potential for a bearish move in the near future. At present, the index is trading at a resistance zone, specifically between 23260-23300, with additional resistance zones positioned further upwards. Given these technical factors, there is a strong expectation for a sell-off from the current levels. The downside targets are expected to be around the lows that were formed a few days back, which are near the 22800 level and possibly lower.
From a broader perspective, the Nifty50's technical structure suggests that further downward movement is likely as the price faces resistance and struggles to break above key levels. Therefore, traders should be cautious of any bullish reversal in the immediate term and instead focus on potential downside targets.
Key resistance levels to watch are near 23260-23300, with additional resistance higher up. Support is anticipated at the 22900-22830 level and below. Given the current pattern and resistance zone, a short-term bearish outlook seems more probable, with a potential continuation of the downtrend.
#Nifty directions and levels for January 29th:Good Morning, friends! 🌞
Here are the market directions and levels for January 29th:
Market Overview:
There have been no significant changes in the global markets, which are still maintaining a bullish sentiment based on the Dow Jones. However, our local market is showing a moderately bearish sentiment. Today, the market may open neutral to slightly gap-up, as Nifty indicates a positive move of 40 points.
In the previous session, both Nifty and Bank Nifty had a solid rally, but by the end of the day, they fell slightly. Structurally, the market is still in bearish territory. So, today's session may see some consolidation within the previous day's range. Let's look at the chart.
Both Nifty and Bank Nifty share the same structural sentiment.
Nifty Current View:
Even if the market starts with a gap-up, structurally, it may not sustain. So, if the market declines initially, we can expect a correction towards the 22862–22827 level, which is a major support zone. If the market finds support here, it is likely to bounce back to its opening levels.
> On the other hand, if the market breaks this zone or consolidates around it, the correction will likely continue towards 22776, a minor pullback zone.
Alternate View:
If the gap-up sustains, 23089 will act as strong resistance. If the market gets rejected at this level, we can expect a range-bound session. However, if it consolidates or breaks above this level, the rally will likely continue towards 23185 and the 78% retracement level.
NIFTY Trading Strategy for 31th January 2025NIFTY Trading Strategy:
Buy Strategy:
Entry Point: Buy above the high of the 15-minute candle that closes above 23350
Targets:
First Target: 23399
Second Target: 23441
Third Target: 23483
Sell Strategy:
Entry Point: Sell below the low of the 15-minute candle that closes below 23190
Targets:
First Target: 23145
Second Target: 23100
Third Target: 23045
Disclaimer: I am not SEBI registered. Please conduct your own research and consult a professional financial advisor before making any investment decisions. Trading and investing involve significant risk of loss and are not suitable for every investor.
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The 60-60-50 RSI strategy is a trading strategy that generates buy/sell signals by analysing the RSI across multiple timeframes. This course will teach you the logic of the 60-60-50 strategy and how to apply it.
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Nifty Trading Strategy for 29th january 2025Nifty Trading Strategy
Buy Strategy:
Buy Above: The high of the 15-minute candle that closed above 23,050
Targets: 23,090, 23,140, 23,190
Stop-Loss: Below the low of the 15-minute candle that closed above 23,050
Sell Strategy:
Sell Below: The low of the 15-minute candle that closed below 22,850
Targets: 22,803, 22,765, 22,725
Stop-Loss: Above the high of the 15-minute candle that closed below 22,850
Disclaimer:
I am not SEBI registered. This analysis is based on historical data and market trends. Past performance is not indicative of future results. Trading and investment involve risks, and you should conduct your own research or consult with a financial advisor before making any decisions.
Nifty50: We are at the Cusp of a Mega Bull market till 2026 !!As per my Time cycle and Elliot wave forecast, we can see major lows in the markets are formed on or near this 144 days GANN cycle, so as per this research, a meaningful low is now due in our Indian markets in coming weeks, a low which will not to tested for the years to come, so don't be afraid of the ongoing correction which is at the matured stages, don't fold your SIP's or Investments, its time to be GREEDY for the rest of 2025 and 2026, Accumulating nifty via Nifty bees now and can near key retracement levels (Refer chart) can be a wise Idea.
Nifty key levels for 28.01.2025Nifty key levels for 28.01.2025
If Nifty breaks the upper or lower range, we can expect momentum. The consolidation zone will be favorable for option sellers, while a breakout on either side will benefit option buyers.
Disclaimer:
I'm not a SEBI Registered financial advisor. These views are purely educational in nature. You are solely responsible for any decisions made based on this research.
Nifty 1D Bear Market Technical Analysis (Distribution Phase)- Nifty is currently trading at 22,829.
- Nifty has erased 13.11% from its all-time high of 26,274.
- Ninety percent of social media outlets and broadcasters have stopped their perpetual bullish commentary on Nifty, which they claimed would never stop. The next ten years for India are expected to be very bullish, and Nifty could soon head towards 30,000 following this drop.
- Now, let's focus on understanding what we can expect from this drop and where prices may head in the upcoming days.
- Nifty is about to test the largest liquidity grab it made around 21,285. After that, we may quickly see Nifty rebalance the inefficiencies it creates during this impulsive downward move.
- The level I will be considering for my personal investment is between 18,832 and 19,000.
- The range of 18,000 to 20,000 is likely to be a very strong zone for long-term investments rather than short-term swings, as markets typically move in cycles of accumulation, manipulation, and distribution.
- To fill the gaps, the market rebalances every imbalance, taking out liquidity between candles and heading toward new lows or highs. The market seeks liquidity from Fair Value Gaps; that's how it usually moves.
- We have witnessed a bull market for 2 years now. In my opinion, we are soon going to experience a Distribution phase of 2 years filled with many manipulations and dead cat bounces. Stay cautious and don't miss discounted levels; an index correcting 30% is significant.
Nifty Trading Strategy for 28th January 2025Nifty Trading Strategy
Buy Strategy:
Buy Above: The high of the 15-minute candle that closed above 22,900
Targets: 22,950, 23,000, 23,050
Stop-Loss: Below the low of the 15-minute candle that closed above 22,900
Sell Strategy:
Sell Below: The low of the 15-minute candle that closed below 22,700
Targets: 22,660, 22,615, 22,565
Stop-Loss: Above the high of the 15-minute candle that closed below 22,700
Disclaimer:
I am not SEBI registered. This analysis is based on historical data and market trends. Past performance is not indicative of future results. Trading and investment involve risks, and you should conduct your own research or consult with a financial advisor before making any decisions.
Nifty - Possible end of bears controlFrom the ATH of 26151 Nifty is almost reaching its 10% correction value @ 22635
Area of 22650 to 750 also happens to be the last strongest support point
At this level it can be make or break situation for nifty
Will be good to take a bullish bet with 22600 as ultimate SL(Closing basis) as the PE premiums are soaring high
It may be a risky call but Risk to Reward is excellent
Will wait for the index to show some clarity in lower time frames (15 / 30/ 60 m)
#Nifty50 - 27th November NSE:NIFTY
Chart contains support and resistance levels ( understand how it works 👇🏻)
Support and resistance are key concepts in technical analysis used to identify potential price levels where assets may reverse or stall.
Support:
-Definition: A support level is a price point where buying interest is strong enough to overcome selling pressure, preventing the price from falling further.
- Indicators: Support levels can be identified through historical price data, trend lines, or moving averages.
- Behavior: When a price approaches support, it may bounce back up. If broken, it can become a new resistance level.
Resistance:
- Definition: A resistance level is a price point where selling interest is strong enough to overcome buying pressure, preventing the price from rising further.
- Indicators: Similar to support, resistance levels can be identified through past price action, trend lines, or moving averages.
- Behavior: When the price approaches resistance, it may retreat. If broken, it can turn into a new support level.
Importance:
- Trade Decisions: Traders use these levels to make buy or sell decisions, set stop-loss orders, and identify potential profit targets.
- Market Psychology: Support and resistance levels reflect market sentiment and the balance between supply and demand.
Understanding these concepts can enhance trading strategies and improve decision-making.
Ps note: I'm not SEBI Registere 🙏🏻
Nifty Trading Strategy for 27th January 2025Nifty Trading Strategy
Buy Strategy:
Buy Above: The high of the 15-minute candle that closed above 23,260
Targets: 23,320, 23,375, 23,440
Stop-Loss: Below the low of the 15-minute candle that closed above 23,260
Sell Strategy:
Sell Below: The low of the 15-minute candle that closed below 23,005
Targets: 22,940, 22,880, 22,825
Stop-Loss: Above the high of the 15-minute candle that closed below 23,005
Disclaimer:
I am not SEBI registered. This analysis is based on historical data and market trends. Past performance is not indicative of future results. Trading and investment involve risks, and you should conduct your own research or consult with a financial advisor before making any decisions.
Nifty Trading Strategy for 24th January 2025Nifty Trading Strategy
Buy Strategy:
Buy Above: The high of the 15-minute candle that closed above 23,280
Targets: 23,320, 23,360, 23,405
Stop-Loss: Below the low of the 15-minute candle that closed above 23,280
Sell Strategy:
Sell Below: The low of the 15-minute candle that closed below 23,195
Targets: 23,155, 23,105, 23,070
Stop-Loss: Above the high of the 15-minute candle that closed below 23,195
Disclaimer:
I am not SEBI registered. This analysis is based on historical data and market trends. Past performance is not indicative of future results. Trading and investment involve risks, and you should conduct your own research or consult with a financial advisor before making any decisions.
NIFTY MATHEMATICAL LEVELS FOR THIS EXPIRYThese 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
Gold Trading Strategy For 24th January 2025Gold Trading Strategy
Buy Strategy:
Condition: Wait for the 15-minute candle to close above 2760.
Trigger: Buy when the price moves above the high of the 15-minute candle that closed above 2760.
Targets: 2773, 2779, 2785
Stop-Loss:
Set a stop-loss order below the low of the 15-minute candle that closed above 2760 to limit potential losses.
Sell Strategy:
Condition: Wait for the 15-minute candle to close below 2747.
Trigger: Sell when the price moves below the low of the 15-minute candle that closed below 2747.
Targets: 2740, 2735, 2729
Stop-Loss:
Set a stop-loss order above the high of the 15-minute candle that closed below 2747 to limit potential losses.
Disclaimer:
This analysis is based on historical data and market trends. Past performance is not indicative of future results. Trading and investment involve risks, and you should conduct your own research or consult with a financial advisor before making any decisions.
Nifty Trading Strategy 23rd January 2025Nifty Trading Strategy
Buy Strategy:
Condition: Wait for the 15-minute candle to close above 23,210.
Trigger: Buy when the price moves above the high of the 15-minute candle that closed above 23,210.
Targets: 23,258, 23,310, 23,360
Stop-Loss:
Set a stop-loss order below the low of the 15-minute candle that closed above 23,210 to limit potential losses.
Trailing Stop-Loss:
Use a trailing stop-loss to lock in profits as the price moves towards the targets. For example, set a trailing stop of 10 points below the current price.
Sell Strategy:
Condition: Wait for the 15-minute candle to close below 23,050.
Trigger: Sell when the price moves below the low of the 15-minute candle that closed below 23,050.
Targets:22,980, 22,950, 22,890
Stop-Loss:
Set a stop-loss order above the high of the 15-minute candle that closed below 23,050 to limit potential losses.
Trailing Stop-Loss:
Use a trailing stop-loss to lock in profits as the price moves towards the targets. For example, set a trailing stop of 10 points above the current price.
Discipline:
Stick to the trading plan and do not deviate from the strategy. Avoid making impulsive decisions based on emotions.
Disclaimer:
I am not SEBI Registered. This analysis is based on historical data and market trends. Past performance is not indicative of future results. Trading and investment involve risks, and you should conduct your own research or consult with a financial advisor before making any decisions.
Nifty outlook for the yearNifty chart analysis for coming few months :
1. Overall trend still remains bullish but deep pullback now similar to 2021 ( marked in circle ) .
2. Market might come down to next support 22,500 - 22,600 at breakout point of election result day .
3. Weekly chart shows market respecting swing lows since 2020 . Last swing low is 21,200 . As long as market doesn't break swing low , current trend is bullish .
4. Decent price for long term investment and SIPs
Cheers !
Follow for more market insights ! =)
Nifty key levels for 22.01.2025Nifty key levels for 22.01.2025
If Nifty breaks the upper or lower range, we can expect momentum. The consolidation zone will be favorable for option sellers, while a breakout on either side will benefit option buyers.
Disclaimer:
I'm not a SEBI Registered financial advisor. These views are purely educational in nature. You are solely responsible for any decisions made based on this research.
Nifty Trading Strategy for 22nd January 2025Nifty Trading Strategy
Buy Strategy:
Entry Point:
Condition: Wait for the 15-minute candle to close above 23,280.
Trigger: Buy when the price moves above the high of the 15-minute candle that closed above 23,280.
Targets:
First Target: 23,320
Second Target: 23,360
Third Target: 23,400
Stop-Loss:
Set a stop-loss order below the low of the 15-minute candle that closed above 23,280 to limit potential losses.
Trailing Stop-Loss:
Use a trailing stop-loss to lock in profits as the price moves towards the targets. For example, set a trailing stop of 10 points below the current price.
Profit Booking:
As the price reaches each target, consider booking partial profits to secure gains. For instance, sell a portion of the position at 23,320, another portion at 23,360, and the remaining position at 23,400.
Sell Strategy:
Entry Point:
Condition: Wait for the 15-minute candle to close below 23,970.
Trigger: Sell when the price moves below the low of the 15-minute candle that closed below 23,970.
Targets:
First Target: 23,920
Second Target: 23,870
Third Target: 22,845
Stop-Loss:
Set a stop-loss order above the high of the 15-minute candle that closed below 23,970 to limit potential losses.
Trailing Stop-Loss:
Use a trailing stop-loss to lock in profits as the price moves towards the targets. For example, set a trailing stop of 10 points above the current price.
Profit Booking:
As the price reaches each target, consider booking partial profits to secure gains. For instance, sell a portion of the position at 23,920, another portion at 23,870, and the remaining position at 22,845.
Risk Management:
Position Sizing:
Use proper position sizing to ensure you do not risk more than 1-2% of your trading capital on a single trade. This helps to manage risk and protect your capital.
Diversification:
Avoid putting all your capital into a single trade or asset. Diversify your trades across different assets to minimize risk.
Discipline:
Stick to the trading plan and do not deviate from the strategy. Avoid making impulsive decisions based on emotions.
Disclaimer:
I am not SEBI Registered. This analysis is based on historical data and market trends. Past performance is not indicative of future results. Trading and investment involve risks, and you should conduct your own research or consult with a financial advisor before making any decisions.