NIFTY50: INSTITUTIONAL LEVELS FOR 13/12/2024Overview
This trading system combines simplicity with powerful insights for accurate entries and exits. It is structured for active traders using the 5-minute timeframe who want to make clear, confident trading decisions in fast-moving markets.
Key Strategy Guidelines
Retest Entries : Aim to enter trades on retests rather than breakouts, offering better positioning.
Multiple Confirmations : Use more than one confirmation to validate each trade, helping avoid impulsive decisions.
ATM Options Focus : Stick to at-the-money (ATM) options or above for optimal liquidity and manageable risk.
System Explanation
This setup leverages volume, historical price action, and price ranges to pinpoint high-probability entry and exit points. This methodology is designed to reduce guesswork, allowing traders to manage trades with a consistent approach.
How It Works: Entry/Exit Signals
Blue Line : Signals potential long entry.
Red Line : Indicates potential short entry.
Tip : Align these signals with additional confirmations from your trading strategy for optimal performance.
Stop Loss and Take Profit Levels
Stop Loss:
Long Trades : Set your stop loss at the nearest red line below the entry point, or adjust based on whether the 5-minute candle crosses the red line.
Short Trades : Use the blue line above as the stop loss.
Take Profit:
Long Entries :Target the next red line above or exit if other indicators suggest a prudent exit.
Short Entries :Target the next blue line below following similar guidelines.
Timeframe Recommendation
This system is specifically optimized for the 5-minute timeframe, making it suitable for those trading shorter intervals with precision.
Risk Disclaimer
Trading involves high risk, and rapid price changes can lead to unexpected losses. Only trade with capital you can afford to lose, and carefully assess your financial situation and risk tolerance.
Join the Community Discussion
Engage with other traders to discuss strategies, share insights, and enhance your understanding of the markets. Let’s grow together as a community of traders.
Original Content
This trading system is the product of my own expertise and rigorous testing. It’s a unique approach developed through real market experience to offer a clear edge in trading.
Niftyprediction
NIFTY getting ready for Bulls (Buy on Dip)As we discussed in the last analysis, nifty is accumulating. It is expected to be bullish in upcoming sessions.
Impoartant support and resistance levels are on the chart.
If we look at the chart now:
The market is in the accumulation phase, and it can be bullish soon. The market is trading at 200 EMA (15 min TF), which is expected to provide support here. 24521 - 24830 is the mother candle zone and is expected to be a sideways or high volatility zone of accumulation.
The price is trading lower than EMA(13,50) and above EMA(200), which can be a good point of support.
If we look at the OI data:
PCR = 0.90 shows a bullish structure of the market. The market has good PE writing at 24500, which is going to provide good support. Also, it has more CE writing on the upper side at 24600 and 24700, which is going to provide good resistance on the higher side.
I am expecting
Case 1: Sideways in the range 24521 - 24830.
Case 2: if the market breaks 24521 to the downside - Bearish
Reason:
RSI < 40 shows a weak bull structure. (Bearish)
EMA(13, 50) > Price >= EMA(200), which indicates an indecisive or rather sideways market. The market might receive support at 200 EMA.
The market has given a good volume spike that shows this level is good support.
PCR = 0.8 indicates an upcoming bullish market.
Price < VWAP shows that a weak market structure can lead to a bearish market.
Verdict: Bearish or Sideways.
Plan of action:
Buy on dips for Bullish let the setup be formed.
Market Analysis: Nifty 50 Price ActionThe NSE:NIFTY is currently exhibiting a tug-of-war between key levels, retracing from a previous selloff zone that acted as resistance. Notably, it found support at a previous supply turned demand zone. These zones have defined the market's boundaries in today's session, with price movements constrained within them.
For the past three sessions, the index has shown signs of consolidation, reflecting indecision among market participants. A breakout above the resistance zone could signal a continuation of the uptrend in NSE:NIFTY , while a breakdown below the demand zone may suggest a reversal or further bearish sentiment.
Key Scenarios for Tomorrow:
Breakout Scenario: A sustained move above the selloff zone could trigger bullish momentum, attracting fresh buying interest and potentially setting higher targets.
Breakdown Scenario: If the demand zone is broken, it may open doors for further downside, with the next support levels coming into focus.
Continued Consolidation: The market may remain range-bound as it digests prior moves, awaiting clearer cues from global or domestic events.
Disclaimer
This analysis is for educational and informational purposes only and should not be considered as financial advice. Market conditions are subject to change, and you should consult with a certified financial advisor or conduct your research before making investment decisions. Past performance is not indicative of future results. Trade responsibly.
NIFTY ANALYSIS | WAVE THEORY ANALYSIS Hi Trader,
This is wave theory analysis 24350-320 is 2nd wave support for Nifty.
Its does'nt mean buying will happen its possibility 70% chace Buying will happen.
we can see some upside move from next week 16 dec onwards.
Note - Only for education purpose
GIVE LIKE AND FOLLOW..
12th Dec 2024 - An calm week after a violent expiry on 5thNifty Nifty Stance Neutral ➡
After last week's rout, I had gone long on the index. Now when I look back, it was a poor decision to make. The reasons for going long was mostly because of the price action on the 5th of December when we had that humungous rally.
This week we had an unusual flat price action with no real movement whatsoever. I read somewhere that the regulators are really concerned and may investigate the previous week's expiry.
Coming back to business, this week we dropped 163pts ~ 0.66%. The week's low was hit on the 10th of Dec, and I sincerely hoped we may get a fall yesterday and today. On the 11th we rose a bit and today we fell a bit and overall the week was flattish.
Looking at the options premiums for the next week, I do not see any major directional movements and hence I am going into a neutral stance. The moment a directional bias appears, I will notify you via the TradingView minds section. I will also publish my directional option strategy as well.
NIFTY Intraday Trade Setup For 12 Dec 2024NIFTY Intraday Trade Setup For 12 Dec 2024
Buy- Above 24700
Invalid-Below 24650
T- 24850
Bearish-Below 24490
Invalid-Above 24540
T- 24250
NIFTY has closed almost on a flat note with 0.13% gain today. We discussed in the weekend that index will be sideways between 24850 and 24500. Its been three sessions and index is just consolidating between this range. For any directional move we need breakout of this range or else we will still maintain non- directional approach. However 24700 and 24490 can be tomorrow's levels to watch out.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 24700 then we will long for the target of 24850.
For selling we need a 15 Min candle close below 24490. T- 24250.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NIFTY 50 index on a 2-hour timeframe, Pattern Identification: The chart shows a potential bullish pattern, likely a falling wedge or a symmetrical triangle, which is often considered a bullish reversal pattern after a downtrend. The pattern suggests that the price might break out upwards.
Price Levels: The current price marked on the chart is 24,566.90 INR, with a timestamp of 01:20:22.
Resistance and Support: The upper line of the wedge/triangle acts as resistance, while the lower line acts as support. The price has been oscillating between these lines.
Volume: There's no volume data visible on this chart, but volume analysis would be crucial to confirm the breakout direction. Typically, a breakout accompanied by high volume is considered more reliable.
Timeframe: This is a 2-hour chart, meaning each candlestick represents 2 hours of trading. This timeframe is often used by swing traders.
Trend Lines: The trend lines forming the pattern are drawn from the recent swing highs and lows, converging towards the right side of the chart.
Potential Breakout: If the price breaks above the upper trend line with significant volume, it might indicate a bullish move. Conversely, if it breaks below the lower trend line, it could suggest further downside.
Target Levels: If this pattern resolves to the upside, the price might target the previous highs or significant resistance levels above the pattern, which could be inferred by extending the height of the pattern upwards from the breakout point.
Risk Management: If trading this pattern, one might consider placing a stop-loss below the lower trend line or the recent low within the pattern to manage risk.
Remember, while this pattern suggests a potential bullish move, it's important to consider other technical indicators, market sentiment, and broader economic conditions before making trading decisions. Also, patterns like these can fail, so risk management is key.
NIFTY Prediction for Next YearHello Guys,
Do not Panic.
This is a NIFTY chart prediction for next year. Hope I am proven wrong.
BUT:
Fundamental investing:
This analysis is considering the wars, inflation, interest rates, dollar-rupee, lending, fmcg slow down. Multiple interlocked factors contributing to slow progress for the next year.
Technical investing:
Based on technical Patterns there is gap up that has not been filled at 20500 level. And as per history, we all know what happens to gap ups. Also I have analyzed multiple year rally-consolidation-fall-rally to come up with this.
Emotional investing:
I expect to see a lot of people panic, book losses and hold red stocks. This will reduce the investment emotion built over a couple of years.
What's the way around:
Individual stock investing in the top 200 companies. Find picks that you understand.
#Nifty directions and levels for December 11th.Good morning, friends! 🌞 Here are the market directions and levels for December 11th.
Market Overview:
There have been no significant changes in the global and local markets, and both are maintaining a bullish sentiment. Today, the market may open with a neutral to slightly gap-down start, as the Gift Nifty is showing a negative 10 points at 8:00 AM.
In the previous session, both Nifty and Bank Nifty maintained a range-bound structure, and we are still in a range-bound market. Until we break this range, we can't expect any directional movement; this is the basic structure.
So, what about today? If the channel breaks either to the upside or downside, we can set our targets near the support and resistance levels. explain this in the chart.
Nifty Current View:
The current view indicates that if the market initially declines, it could reach the channel bottom. After that, if the channel breaks to the downside, you can expect the next targets to be between 24416 and the minor demand zone. Here, the minor demand zone will act as strong support.
Alternate View:
The alternate view suggests that if the market initially pulls back and breaks the channel to the upside, it could reach 24725 and 24780. The level of 24780 represents the 78% retracement in the minor swing, and usually, the range-bound market respects this level as resistance.
Nifty analysis for 11/12/2024.
Nifty is in a range bound cycle after the bullish move from the recent low. 50% Fibonacci levels is acting as a crucial resistance level for the market.
Overall market seems bullish but still the market can take the resistance form fib levels and revert to continue the bearish trend.
The moving averages on the hourly charts are near to the trading price and it can move either way.
Major support levels :- 24500, 24330, 24170
Resistance levels :- 246660, 24770
Wait for the price action near the levels before entering the market.
Technical Analysis of Nifty 50: Key Levels, Patterns, and BreakThe image appears to show a technical analysis chart of the Nifty 50 index, with indicators, support/resistance zones, and patterns marked on the chart. Here's an analysis:
1. **Key Levels**:
- **Resistance (Seller's Zone)**: Around the 24,664.55 level. A breakout above this level might indicate further bullish activity, as stated in the chart.
- **Support 1**: Near 24,498.75. This could serve as the immediate support level.
- **Support 2**: Around 24,348.90, a stronger support area in case of a downward move.
2. **Chart Patterns**:
- **Morning Star Pattern**: Highlighted near Support 1. This bullish reversal pattern indicates potential buying momentum.
- **Price Action**: The market is consolidating between the Buyer’s and Seller’s zones.
3. **Indicators**:
- **RSI (Relative Strength Index)**: Currently around 53.75, which is neutral. It's neither overbought (>70) nor oversold (<30), suggesting a balanced momentum.
- **Volume**: Increased buying volume in the Buyer’s zone indicates significant interest at lower levels.
4. **Potential Scenarios**:
- **Bullish Scenario**: If the price crosses the seller’s zone, marked at 24,664.55, it may lead to further upside as indicated in the chart.
- **Bearish Scenario**: If the price breaks below Support 1 (24,498.75), it could test Support 2 (24,348.90).
5. **Strategy**:
- Watch for a breakout above the Seller's zone with volume confirmation for long entries.
- Look for price action signals around the Support 1 level for potential buying opportunities if the price retraces.
Would you like a deeper analysis of any particular element?
NIFTY PREDICTION - December Month based on Price ActionView : To be determined
Timeframe: Daily
Notes: The 24,500 range appears to be strong support, while the 24,800 range is expected to act as resistance. Three potential paths have been illustrated in different colors (Green (Bullish), Orange (sideways) and Red (Bearish).
* This is not a trading recommendation; for educational purposes only
Nifty Trading Strategy for 10th December 2024Nifty Analysis
Key Levels:
Buy Above: 24,660
Sell Below: 24,580
Scalping Strategy:
Buy Signal : Enter a buy position above the high of the candle which closes above 24,660.
Sell Signal: Enter a sell position below the low of the candle which closes below 24,580.
Time Frames:
Preferred Time Frame: 15-minute chart for better clarity and precision.
Scalping Time Frames: 3-minute or 5-minute intervals for quick trades.
Steps for Scalping:
Monitor the 15-minute chart: Look for candles closing above 24,660 to initiate a buy position.
Set Stop-Loss: Place a stop-loss just below the low of the candle that closes above 24,660.
Monitor the 15-minute chart: Look for candles closing below 24,580 to initiate a sell position.
Set Stop-Loss: Place a stop-loss just above the high of the candle that closes below 24,580.
Scalping: Use 3-minute or 5-minute charts to enter and exit trades quickly based on the signals from the 15-minute chart.
Additional Tips:
Stay Updated: Keep an eye on market news and events that might impact Nifty.
Risk Management: Always use stop-loss orders to manage risk and protect your capital.
Practice Patience: Wait for clear signals before entering a trade to avoid false moves.
Disclaimer:
I am not SEBI registered. This analysis is for informational and educational purposes only. Please consult with a certified financial advisor before making any trading decisions.
NIFTY50: INSTITUTIONAL LEVELS FOR 09/12/2024Overview
This trading system combines simplicity with powerful insights for accurate entries and exits. It is structured for active traders using the 5-minute timeframe who want to make clear, confident trading decisions in fast-moving markets.
Key Strategy Guidelines
Retest Entries : Aim to enter trades on retests rather than breakouts, offering better positioning.
Multiple Confirmations : Use more than one confirmation to validate each trade, helping avoid impulsive decisions.
ATM Options Focus : Stick to at-the-money (ATM) options or above for optimal liquidity and manageable risk.
System Explanation
This setup leverages volume, historical price action, and price ranges to pinpoint high-probability entry and exit points. This methodology is designed to reduce guesswork, allowing traders to manage trades with a consistent approach.
How It Works: Entry/Exit Signals
Blue Line : Signals potential long entry.
Red Line : Indicates potential short entry.
Tip : Align these signals with additional confirmations from your trading strategy for optimal performance.
Stop Loss and Take Profit Levels
Stop Loss:
Long Trades : Set your stop loss at the nearest red line below the entry point, or adjust based on whether the 5-minute candle crosses the red line.
Short Trades : Use the blue line above as the stop loss.
Take Profit:
Long Entries :Target the next red line above or exit if other indicators suggest a prudent exit.
Short Entries :Target the next blue line below following similar guidelines.
Timeframe Recommendation
This system is specifically optimized for the 5-minute timeframe, making it suitable for those trading shorter intervals with precision.
Risk Disclaimer
Trading involves high risk, and rapid price changes can lead to unexpected losses. Only trade with capital you can afford to lose, and carefully assess your financial situation and risk tolerance.
Join the Community Discussion
Engage with other traders to discuss strategies, share insights, and enhance your understanding of the markets. Let’s grow together as a community of traders.
Original Content
This trading system is the product of my own expertise and rigorous testing. It’s a unique approach developed through real market experience to offer a clear edge in trading.
Nifty Trading Levels for 09th December 2024Nifty Trading Levels
Buy Setup
Entry: If the 15-minute candle closes above 24,730, place a buy order above the high of the candle.
Targets:
24,850
24,950
25,030
Stop Loss: Below the low of the breakout candle.
Sell Setup
Entry: If the 15-minute candle closes below 24,570, place a sell order below the low of the candle.
Target: 24,268
Stop Loss: Above the high of the breakdown candle.
Disclaimer
The above levels are shared for educational purposes only and should not be considered as financial advice.
I am not a SEBI-registered analyst. Please consult a certified financial advisor or conduct your own analysis before making any trading decisions.
Trading in the stock market involves risk; trade responsibly.
#nifty50 - 9th December!!NSE:NIFTY
Understand the chart, observe the chart, implement according to this :
1. Support and Resistance Zones:
- Imagine "support" as a safety net—if the price falls, it’s likely to bounce back up from these levels (like 24,373.90).
- "Resistance" is like a ceiling—when the price rises, it may struggle to break through higher levels (like 24,857.75 or 25,101.45).
2. Trendlines:
- The black diagonal lines are like train tracks guiding the price upward. As long as the price stays between these tracks, the upward journey is likely to continue.
3. Key Areas (Orange Zones):
- The orange areas are hotspots where buyers and sellers fight the hardest. If the price enters these zones, it might pause or reverse.
4. What’s Happening Now?:
- The price recently hit a high near 24,857.75 (a ceiling) and is now hanging around a lower level, testing its "safety net" around 24,648.10.
- It’s like climbing stairs—if the price breaks through the next step (resistance), it could climb higher. But if it slips below the safety net, it might fall to the next step down.
5. What’s Next?:
- If the price climbs above 24,857.75, we might see it reach new highs like 24,949.10 or even 25,101.45.
- But if it falls below the support, it might drop to the next level around 24,373.90 or lower.
In short, this chart tells a story of a market in an upward trend, but it’s at a critical point where the next move could be either up or down.
Not a SEBI Registere [/b ]
Nifty Week AheadNSE:NIFTY looks Bullish after 100 DSMA is breached.
Support and Resistance have been Marked.
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Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
US10Yrs. Bond Yield parallel channel. Nifty up move confirmationUS Government 10Yrs. Bond Yield trading in parallel channel. After fake break out it come down in channel again. As per chart it may correct up to 4%,3.79% and 3.06% level soon.
It has inverse relation with index, so nifty and bank nifty may give good up move in next 2-3 months as both charts suggested also the same.
NIFTY Market Structure is looking positive for next weekNifty is looking good for next week with a positive market structure. But it may undercut 24600 and test 24500 before resuming the rally. Immediate resistance is placed in the Zone of 24900-25000. But be careful trading the breakout of the high of the long legged Doji formed on Thrusday.