Get started

Niftyprediction

5th Dec 2024 Crazy stoploss hunting & Injections - Nifty50Nifty Stance Bullish ⬆ This week Nifty is up 577pts ~ 2.4% which means our stance has changed from neutral to bullish. The price actions on Monday, Tuesday and Wednesday were well received and there was sanity in the markets. What happened on the 5th, Thursday is sure to give you shivers. We saw a 560pts ~ 2.31% intraday rally from LOD to HOD and then a fall of 362pts ~ 1.46% back to the 24500 levels. To put that in perspective, 24600 was the expected closing levels for Today's expiry as per the OI chart, so the violent upmove would have created a lot of MTM loss pressure for the institutions. My guess is that they had to manipulate and bring back the markets below 24600 after 14.30 so they could square off their positions in profits. Anyway, today's volatility is a massive learning experience for all option traders. Chances are, their stop losses would have gone off both ways, first on the long side and then on the short side. The only people who might have escaped would be the hedged traders - either a debit/credit spread or a iron condor/fly. The worst nightmare would have been for long/short naked positions. If we fall below 24525, I will change my stance back to neutral-until then, I will stick with a long bias. The MPC meeting on the 6th will definitely have an impact, as it is a make-or-break event for Mr. Shaktikanta Das.
NSE:NIFTYLong
by viswaram
Nifty Intraday Trade Setup | 6th DecemberNifty opened with a gap-up and faced rejection near our buy level 24540 in morning, broke sell level 24410 and gave good downfall towards 24295. Both targets were done for sell trade. After consolidation at lower levels, Nifty gave a sharp up-move and gave 500 points rally from lower levels, made a high at 24857. From day high we again saw 300 points fall in just few mins, today was highly volatile session because of RBI Policy meeting decision tomorrow. For tomorrow the range the big, trade very cautiously and be alert at higher levels in Nifty. We will look for the sell on rise opportunity. Expectations: Highly Volatile movement. Intraday Levels: Buy Above - 24850 Sell Below - 24550 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
NSE:NIFTY
by InvestPro_India
1
Nifty - 26300 or 27135 or 28165Nifty has moved above the inverted head & shoulder neck level indicating further up move and possibly for a Target - 26300 or 27135 or 28165 Hope and wish RBI cut rates or support the markets in some form helping the bulls. This is positional view and one may expect these targets in 30 to 45 days or more. Move could be quick in case RBI decisions support the markets. Once the confidence emerges all the money which went out could enter at higher levels for medium to long term investment opinion. Price should remain above the neck line. In case of any SL hunting price must move above neck line for bull run to continue. our markets has turned to be short sellers paradise so option selling is only safer and profitable for positional view.
NSE:NIFTYLong
by venkatfx
NIFTY OUTLOOK....Ready For All Time High Again ?NSE:NIFTY Current Market Price 24700 Below chart was made on 21/11/2024 regarding BOTTOMING OUT of NSE:NIFTY from correction phase of more than 3000 points from All Time High (-11.47% from ATH) ! Before that on 20/09/2024 when NSE:NIFTY was continuously making Life Highs we stated that it will be TOPPED near 26200 levels, And from there we saw a decent and healthy correction of more than 10%.... ================================================================ ALL UPDATED CHART OF NSE:NIFTY FROM TOP TO BOTTOM CHART 1 CHART 2 ================================================================ Beautiful Rally Captured both the sides in NSE:NIFTY !!💕💕 26200-------->23265+ (2935+ points) 23265-------->24850+(1585+ points) ================================================================ CURRENT SCENARIO of NSE:NIFTY LTP 24700 Any dip till 24000 can be bought with a Weekly Closing Basis Stoploss of 23743 Targets🎯24905 / 25025 / 25111 / 25275 / 25490 / 25800++++ Will revisit the situation when all mentioned targets will be achieved !! ================================================================ Thanks ! Harm⭕nics4Life 05/12/2024 Disclaimer. I am not sebi registered analyst. My studies shared here are for educational purposes .. Do Consult Your Financial advisor Before Taking any Trade.
NSE:NIFTYLong
by Harmonics4Life
Technical Analysis of Nifty 50: Key Levels and Trend OutlookThe chart appears to be an hourly candlestick chart of the Nifty 50 index with key technical levels and zones annotated. Here's an analysis of the chart pattern: 1. **Seller’s Zone (Resistance):** - The zone around 24,500 to 24,600 is marked as a resistance level. - Price is currently testing this zone and has faced rejection, as indicated by the red candles forming near this area. - If the price closes above 24,600, bullish activity could increase, as the resistance will have been broken. 2. **Nearest Support:** - The support level is around 24,350. This level is critical for the price to maintain upward momentum. - If this support is broken, the price might retrace further toward lower levels. 3. **Buyer’s Zone (Demand Zone):** - The area around 23,900 has been marked as a buyer's zone, where strong buying interest was previously observed. - Price bounced strongly from this zone, confirming its validity as a significant demand area. 4. **Key Support Levels:** - S: Around 23,907 (Buyer’s Zone). - S1: Around 23,335, which is likely a strong historical support level. 5. **RSI Analysis:** - The RSI (14) is at 70.14, indicating that the index is near overbought territory. - A reversal or consolidation might occur if the RSI crosses above 70 and begins to decline. 6. **Trend Observation:** - The index appears to be in a recovery phase after a downtrend, as evidenced by higher highs and higher lows forming since the bounce from 23,907. - A breakout above the seller’s zone could confirm a continuation of the upward trend. ### Conclusion: - **Bullish Scenario:** If the price breaks and sustains above 24,600, the next target could be higher resistance zones. - **Bearish Scenario:** If the price fails to hold the 24,350 support, it might retest the buyer’s zone around 23,907 or even lower to 23,335. Further decisions should be made based on upcoming candlestick patterns and volume confirmations. Let me know if you'd like a more detailed breakdown!
NSE:NIFTY
by AnkurDasTrader
Nifty Trading Strategy for 5th December 2024Trading Strategy for Nifty: Buy Strategy: Entry Point: Enter a long position (buy) above the high of the candle that closes above 24585 on a 15-minute timeframe. This means if a 15-minute candle closes above 24585, you will buy once the price exceeds the high of that candle. Stop Loss: Set a stop loss slightly below the low of the breakout candle to manage risk. For instance, if the breakout candle has a low of 24550, you might set your stop loss at 24540 to protect your capital. Target: Determine your target based on historical resistance levels or a specific risk-reward ratio. For example, if you're risking 45 points (24585 to 24540), aim for a reward of at least 90 points (e.g., a target of 24675). Sell Strategy: Entry Point: Enter a short position (sell) below the low of the candle that closes below 24332 on a 15-minute timeframe. This means if a 15-minute candle closes below 24332, you will sell once the price drops below the low of that candle. Stop Loss: Set a stop loss slightly above the high of the breakdown candle. For example, if the breakdown candle has a high of 24370, you might set your stop loss at 24380 to mitigate risk. Target: Determine your target based on historical support levels or a specific risk-reward ratio. For example, if you're risking 38 points (24332 to 24370), aim for a reward of at least 76 points (e.g., a target of 24256). Risk Management: Use Stop Losses: Always use stop losses to protect your capital and limit potential losses. Position Sizing: Never risk more than a small percentage (e.g., 1-2%) of your trading capital on a single trade. Regular Review: Continuously monitor the market and adjust your strategy based on evolving conditions and new information. Market Context: Economic Indicators: Pay attention to key economic indicators such as GDP figures, inflation data, and interest rate announcements that can impact Nifty. Geopolitical Events: Be aware of geopolitical events and developments that can cause significant market volatility. Disclaimer: Trading in financial markets involves substantial risk of loss and is not suitable for every investor. The strategies and opinions expressed are those of the author. Users should perform their own research and consult with a financial advisor before making trading decisions. Past performance is not indicative of future results. Note: The author is not SEBI registered. Trade wisely and stay informed! 📈💼
NSE:NIFTY
by ramkkyy
BLUEPRINT to a SUCCESSFUL TRADERIf you want to go from Delhi to Mumbai, there are many stations that come in between. Just like that, a trader has to pass through several stages before achieving success. Knowing which stage you’re in is crucial—it helps you stay on track, avoid frustration, and progress systematically. This Post May Sound Basic, But It’s Extremely Important Here are the 4 Stages of a Trader and how they define your journey: --- 1. The Excitement Phase - What It Feels Like: You’ve discovered trading, and it feels like the gateway to unlimited wealth. Every win feels like a step closer to “quitting your job,” and losses are dismissed as bad luck. - Reality Check: This is the honeymoon phase. Without a plan or risk management, you’re trading on emotion, not skill. Big losses often serve as a wake-up call here. --- 2. The Learning Phase - What It Feels Like: You’ve realized trading isn’t a game of luck—it’s a skill that requires discipline and study. You dive into books, watch tutorials, and experiment with strategies. - Challenges: - Information overload: Which indicator works best? - Doubt: Am I even cut out for this? - Outcome: Progress is slow, but this is where the foundation for mastery is laid. --- 3. The Frustration Phase (THIS STAGE LASTS LONGER THAN ONE CAN IMAGINE) - What It Feels Like: You’ve gained knowledge, but your execution isn’t consistent. Every win is wiped out by a bigger loss. Strategy-hopping becomes a vicious cycle. - Why Most Quit Here: The emotional toll of inconsistency is heavy. Many traders blame the market, their broker, or even themselves, concluding that trading “isn’t for them.” - The Breakthrough: This is a test of resilience. Traders who stick to the process and focus on discipline eventually push through. --- 4. The Mastery Phase - What It Feels Like: Trading becomes systematic—a business, not a gamble. You’ve developed an edge, trust your strategy, and prioritize risk management. - Key Characteristics: - Discipline: You follow your plan without hesitation. - Confidence: Losses don’t shake you because you know your edge works over the long term. - Sustainability: Trading isn’t just profitable—it’s consistent. - This Is True Success: You understand the market isn’t a money-making machine; it’s a test of probabilities and discipline. --- Why Knowing Your Stage Matters Understanding where you are in this journey is like knowing which station you’ve reached on the Delhi-to-Mumbai train. It helps you prepare for what’s ahead and keeps you focused on reaching the destination. So, ask yourself: Which stage am I in? Let us know in the comments, and tag a fellow trader who’s on this journey with you.
NSE:NIFTYEducation
by keshevdugar
10
Nifty weekly expiry intraday levels for 25/12/2024Nifty has given a nice closing around the resistance zone and a good support on 20 EMA is there on 30 minutes. Tomorrow is weekly expiry and a volatile trading day will be there as all the volume will be in this only index tomorrow. Support levels :- 24460,24345 Resistance :- 24570, 24670 If market consolidate in the first half and gives a break out, trending move can be capture either side. Wait for the price action near the levels before entering the market.
NSE:NIFTY
by Mambotrade
NIFTY: INSTITUTIONAL LEVELS FOR 04/12/2024Overview 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.
NSE:NIFTY
by tony_fx_sm
4
#Nifty directions and levels for December 4th.Good morning, friends! 🌞 Here are the market directions and levels for December 4th. Market Overview: There are no significant changes happening. The global market is maintaining a bullish sentiment (based on the Dow Jones only), while our local market shows a moderately bullish sentiment. Today, the market may open with a neutral to slightly gap-up start, as the Gift Nifty is showing a positive 10 points at 8:00 AM. In the previous session, both Nifty and Bank Nifty had a solid pullback. The structure and sentiment remain the same as we discussed in the previous session. Let's look at this in the charts. Both Nifty and Bank Nifty have a similar sentiment. Nifty Current View: The current view suggests that if the market takes an initial pullback, it could reach a minimum of 24,629. However, the previous day's movement shows RSI divergence, indicating weakening momentum. If this divergence continues when it reaches 24,629, we could see a correction of 23% to 38% in the minor swing. Conversely, if it breaks through or consolidates at this zone, the rally is likely to continue. This is the basic structure. Alternate View: The alternate view suggests that if the market initially declines, it could reach the 38% Fibonacci level in the minor swing. However, until the 38% level is broken, it will maintain a bullish bias. If it breaks this level, we can expect a correction.
NSE:NIFTY
by Manickamtraders
3
Nifty Trading Strategy for 04th December 2024Trading Strategy: Buy Strategy: Entry Point: Enter a long position (buy) above the high of the candle that closes above 24512 on a 15-minute timeframe. This means if a candle on the 15-minute chart closes above 24512, you will buy once the price exceeds the high of that candle. Stop Loss: Set a stop loss below the low of the breakout candle or a significant support level to manage risk. For instance, if the breakout candle has a low of 24450, you might set your stop loss slightly below this level to protect your capital. Target: Determine your target based on historical resistance levels or a specific risk-reward ratio. For example, if you risk 50 points (from 24512 to 24462), aim for a reward of at least 100 points (e.g., a target of 24612). Sell Strategy: Entry Point: Enter a short position (sell) below the low of the candle that closes below 24346 on a 15-minute timeframe. This means if a candle on the 15-minute chart closes below 24346, you will sell once the price drops below the low of that candle. Stop Loss: Set a stop loss above the high of the breakdown candle or a significant resistance level. For example, if the breakdown candle has a high of 24400, you might set your stop loss slightly above this level to mitigate risk. Target: Determine your target based on historical support levels or a specific risk-reward ratio. For example, if you risk 50 points (from 24346 to 24396), aim for a reward of at least 100 points (e.g., a target of 24246). Risk Management: Use Stop Losses: Always use stop losses to protect your capital and limit potential losses. Position Sizing: Never risk more than a small percentage (e.g., 1-2%) of your trading capital on a single trade. Regularly Review: Continuously monitor the market and adjust your strategy based on evolving conditions and new information. Market Context: Economic Indicators: Keep an eye on key economic indicators such as GDP figures, inflation data, and interest rate announcements that can impact Nifty. Geopolitical Events: Be aware of geopolitical events and developments that can cause significant market volatility. Disclaimer: Trading in financial markets involves substantial risk of loss and is not suitable for every investor. The strategies and opinions expressed are those of the author . Users should perform their own research and consult with a financial advisor before making trading decisions. Past performance is not indicative of future results. Note: The author is not SEBI registered. Trade wisely and stay informed! 📈💼
NSE:NIFTY
by ramkkyy
1
#Nifty directions and levels for December 3rd.Good morning, friends! 🌞 Here are the market directions and levels for December 3rd. Market Overview: There are no significant changes happening. The global market is maintaining a bullish sentiment (based on the Dow Jones only), while our local market has a moderately bullish sentiment. In the previous session, Nifty had a solid pullback and ended around the top of the swing, but Bank Nifty is still around the 38% mark. The structures are different here. In my personal opinion, if the market takes a solid pullback, we can expect a long rally today. On the other hand, the same could happen on the downside, which means if it declines or rejects around the immediate resistance level, it could turn into a flat correction, as well as a sharp decline correctional leg. Let’s explain this on the chart. Nifty Current View: The current view suggests that if the market takes an initial pullback, it could reach a minimum of 38% to 24,485. After that, if it consolidates or breaks this level, the rally will likely continue. Conversely, if it rejects this level, apply the Fibonacci levels to the minor swing. If it breaks below the 38% Fibonacci level during this rejection, it may indicate a reversal, while maintaining above this level will keep the bullish bias. This is the basic structure. Alternate View: The alternate view suggests that if the market initially declines, it could reach the 38% Fibonacci level in the minor swing. However, until the 38% level is broken, it will maintain a bullish bias. If it breaks this level, we can expect a correction.
NSE:NIFTY
by Manickamtraders
2
Nifty Trading Strategy for 03rd December 2024Nifty Trading Strategy Buy Strategy: Condition: Look for the price of Nifty to close above 24306 on a 15-minute candle. Entry Point: Identify the high of the candle that closes above 24306. Action: Place a buy order above this high once the 15-minute candle has closed above 24306. This confirms that the market is trending upward and you’re looking to ride the momentum. Sell Strategy: Condition: Look for the price of Nifty to close below 24120 on a 15-minute candle. Entry Point: Identify the low of the candle that closes below 24120. Action: Place a sell order below this low once the 15-minute candle has closed below 24120. This confirms a downward trend, signaling a bearish market. Current Price: The current price of Nifty is 24276. Disclaimer: This strategy is for informational purposes only and should not be considered financial advice. Trading involves risk, and you should do your own research or consult with a financial advisor before making any investment decisions. I am not SEBI registered.
NSE:NIFTY
by ramkkyy
Nifty analysis for 03/12/2024Nifty has been trading in a range for last five trading session and there are possibility of a trend reversal as the chart seems to me. It is trading around the Hourly EMAs and has closed above it after good fall on Thursday. If there is a break out of the resistance zone, 24500 can also be breached and new highs around 24730 can be seen. A base and W pattern formation is there around the low created. Buy on dip can be done once the crucial round number figure is taken out. Resistance :- 24350, 24500, 24940 Support zone :- 24090-24140 The market is looking strong for the coming days. Market reaching 25k this week or the next can be seen. Wait for the price action near the levels before entering the market.
NSE:NIFTYLong
by Mambotrade
TradingHow do I start trading knowledge? Here's how to do it: Consulting A Stock Exchange Broker. ... Read Financial Research And Articles. ... Read Books On The Share Market. ... Attending Lectures, Classes, Seminars. ... Monitor The Market And Analyze It. ... Studying The Ways Of Other Successful Investors. ... Identify And Analyze Your Risks. ... Reduce Costs. Risky investments and short-term trading are often likened to gambling. But there is a difference between taking a calculated risk and simply rolling the dice. The appeal of high-risk, speculative investments is obvious. You have the chance of large, even life-changing potential returns.
NSE:NIFTYEducation
by SkyTradingZone
3
Nifty Intraday Levels | 02-DEC-2024Nifty Options Scalping 1️⃣ Zones to Watch: 👉Green Zone: Institutional support 👉Red Zone: Institutional resistance 👉Gap: 100-200 points between zones 👉Zone Creation: Based on pivot points and Fibonacci 👉Chart: Use Nifty futures chart for reference 2️⃣ Trade Execution: 👉Order Flow: Triggers trades 👉Timeframes: 1-min & 5-min for scalping 👉Risk-Reward: 1:2 (Risk 1 to gain 2) 👉Strike Price: ATM or slightly ITM options 👉Position Sizing: Adjust to risk tolerance 3️⃣ Rules: 👉9:15 AM Sharp: Ready for market open 👉Risk Management: Top priority 👉Quick Trades: "Morning breakfast" scalps 👉Stop-Loss: 10 points #ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌 🙏 FOLLOW for more content! 👍 LIKE if you found it useful! ✍️ COMMENT below with your thoughts and feedback
NSE:NIFTY1!
by ReviveTraders
Nifty Intraday Levels | 29-NOV-2024Nifty Options Scalping 1️⃣ Zones to Watch: 👉Green Zone: Institutional support 👉Red Zone: Institutional resistance 👉Gap: 100-200 points between zones 👉Zone Creation: Based on pivot points and Fibonacci 👉Chart: Use Nifty futures chart for reference 2️⃣ Trade Execution: 👉Order Flow: Triggers trades 👉Timeframes: 1-min & 5-min for scalping 👉Risk-Reward: 1:2 (Risk 1 to gain 2) 👉Strike Price: ATM or slightly ITM options 👉Position Sizing: Adjust to risk tolerance 3️⃣ Rules: 👉9:15 AM Sharp: Ready for market open 👉Risk Management: Top priority 👉Quick Trades: "Morning breakfast" scalps 👉Stop-Loss: 10 points #ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌 🙏 FOLLOW for more content! 👍 LIKE if you found it useful! ✍️ COMMENT below with your thoughts and feedback
NSE:NIFTY1!
by ReviveTraders
NIFTY50: INSTITUTIONAL LEVELS FOR 02/12/2024Overview 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 Color Coded Lines: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.
NSE:NIFTY
by tony_fx_sm
7
Nifty Trading Strategy for 02nd December 2024Nifty Trading Strategy "When the gap between S3 and R3 is narrow, the market tends to show a strong trend, either upward or downward." Buy Signal: Initiate a buy position above the high of the 15-minute candle that closes above 24225. This indicates a potential upward trend and a good entry point for long positions. Sell Signal: Initiate a sell position below the low of the 15-minute candle that closes below 24060. This indicates a potential downward trend and a good entry point for short positions. Support Levels: 23897: This is a crucial support level. If the price falls to this level, it might experience a rebound. 23440: Another significant support level where the price might find strong buying interest. Resistance Level: 24300: This is a crucial resistance level. If the price approaches this level, it might face selling pressure. Disclaimer: Trading in financial markets involves a significant amount of risk and can result in substantial losses. The information provided is for educational purposes only and should not be considered as financial advice. Past performance is not indicative of future results. Always conduct your own research and consult with a professional financial advisor before making any trading decisions. Additionally, please note that I am not SEBI registered.
NSE:NIFTY
by ramkkyy