NIFTY : Trading levels and plan for 03-Apr-2025📌 NIFTY Trading Plan – 03-Apr-2025
📊 Market Overview:
NIFTY closed at 23,330.80, showing signs of recovery from the last intraday support level at 23,182. The opening support/resistance zone (23,344 – 23,361) will be the critical level to watch. The broader trend will be determined by price action near 23,426 – 23,452 resistance and 23,182 – 23,077 support zones.
To trade effectively, let's analyze all possible opening scenarios and structure a trading plan accordingly.
🔼 Scenario 1: Gap-Up Opening (100+ points above 23,426)
A gap-up above 23,426 signals bullish momentum, but the resistance zone at 23,452 – 23,504 will determine whether buyers can sustain higher levels.
✅ Plan of Action:
If NIFTY holds above 23,426, it may attempt to break 23,452 and head toward 23,504. A sustained move above 23,504 can push the index towards 23,575.
If price struggles near 23,452 – 23,504, expect profit booking and a potential retracement towards 23,361 → 23,344. A breakdown below 23,344 could trigger further selling towards 23,298.
Avoid aggressive longs at resistance (23,452 – 23,504) unless a strong breakout with volume occurs. Instead, look for either a retest entry or a breakout confirmation.
🎯 Pro Tip: If the gap-up fails to hold 23,426 within the first 15 minutes, it indicates weak buying strength, increasing the probability of a pullback.
⚖ Scenario 2: Flat Opening (Within ±100 points, around 23,330)
A flat opening suggests indecision, where price action near the opening support/resistance zone (23,344 – 23,361) will determine the direction.
✅ Plan of Action:
Upside case: If NIFTY sustains above 23,361, expect a move towards 23,426 → 23,452. A breakout above 23,452 could push it towards 23,504.
Downside case: If NIFTY falls below 23,344, expect a decline towards 23,298 → 23,182. A breakdown below 23,182 will confirm bearish momentum.
No Trade Zone (23,344 – 23,361): Avoid trading within this range unless a clear direction is established.
🎯 Pro Tip: Patience is key in a flat opening. Wait for a strong 15-minute candle closing outside the range before entering a trade.
🔽 Scenario 3: Gap-Down Opening (100+ points below 23,182)
A gap-down below 23,182 indicates bearish sentiment, with buyers likely to step in near the major support zone (23,077 – 23,000).
✅ Plan of Action:
If NIFTY sustains below 23,182, expect a drop towards 23,077 → 23,000. A breakdown below 23,000 could accelerate selling towards 22,907.
If NIFTY finds support at 23,077 and rebounds, look for a potential recovery towards 23,182 → 23,298. A strong breakout above 23,298 would signal a bullish reversal.
Be cautious of bear traps – If the market gaps down but quickly recovers, short-covering rallies can trigger a sharp upside move.
🎯 Pro Tip: If the gap-down happens near a strong support zone, wait for bullish confirmation (e.g., reversal candlestick patterns) before going long.
⚠️ Risk Management Tips for Options Traders
🛑 Avoid Over-leveraging – Maintain proper position sizing to control risk.
⌛ Theta Decay Awareness – Sideways movement will erode option premiums; avoid buying options in a choppy market.
🔄 Use Spreads for Risk Control – Instead of naked options, use spreads to hedge and improve probabilities.
📊 Trade at Key Levels – Avoid random trades; focus on well-defined support and resistance zones.
📌 Summary & Conclusion
📍 Key Levels to Watch:
🟥 Resistance: 23,426 → 23,452 → 23,504 → 23,575
🟧 Opening Support/Resistance Zone: 23,344 – 23,361
🟩 Support: 23,298 → 23,182 → 23,077 → 23,000
🔸 Bullish Bias: Above 23,426, targeting 23,452 – 23,575
🔸 Bearish Bias: Below 23,182, expecting a drop towards 23,077 – 23,000
🔸 Neutral/Choppy: Inside 23,344 – 23,361, avoid unnecessary trades
🎯 Final Advice:
Stick to the structured trading plan and execute only at key levels.
Avoid emotional trading—wait for confirmation before entering trades.
The first 15-30 minutes after market open will provide better clarity—observe price action before committing to a trade.
📢 Disclaimer
I am not a SEBI-registered analyst. This trading plan is for educational purposes only. Please conduct your own research or consult a financial advisor before making any trades.
🚀 Stay updated with live trade setups!
Niftyprediction
NIFTY 50 - ICT & SMC Analysis (April 3, 2025)1. Market Structure & Trend Overview
1D Chart (Higher Timeframe Bias)
Bearish Market Structure: The market has been in a downtrend, breaking market structure (MSS) at key levels. The recent rally from March was a retracement into a premium zone.
Key Resistance Areas:
Order Block (OB) at ~23,600: Market is rejecting this supply zone.
Previous Daily High (PDH) & Premium Liquidity Zone: Price recently swept liquidity above PDH and is rejecting.
Key Support Areas:
Fair Value Gap (FVG) at 22,800-22,900: This is the next area where price may drop to seek liquidity.
PDL (Previous Daily Low): A liquidity pool where price may react.
📌 Prediction:
If price stays below 23,600, the market may seek liquidity at 23,000 or even 22,800.
If price reclaims 23,600, a move towards 24,000 is possible.
4H Chart (Mid-Timeframe Confirmation)
Bearish Market Structure: Price is forming lower highs and recently had a Change of Character (ChoCH) to the downside.
Key Levels to Watch:
23,600 OB & FVG: Market is rejecting this area.
23,200-23,250 (Liquidity Area): Price is building liquidity below.
22,900 (FVG & Key Support): If price breaks down, this will be a magnet.
Strong Resistance at 23,600: If price gets here, it could be a sell opportunity.
📌 Prediction:
A potential short trade if price retraces back to 23,500-23,600 (OB) with targets at 23,200 & 22,900.
If 23,200 holds, a bounce to 23,500 is possible.
1H Chart (Execution Level)
Price Action Observations:
Liquidity Sweep at PDH: Market took out buy-side liquidity and is now retracing.
FVG Below 23,200: This is a draw on liquidity.
PWL (Previous Week’s Low) at 23,150-23,200: This could act as support before further downside.
📌 Trade Idea (Bearish Setup)
Entry: Sell near 23,500-23,600 (OB & FVG Zone).
Stop Loss: Above 23,650 (Above liquidity zone).
Take Profit Targets:
TP1: 23,200 (First liquidity pool).
TP2: 22,900 (FVG fill & support area).
🔹 Alternative Bullish Scenario: If price does not break 23,200 and forms bullish structure, a long towards 23,600 can be considered.
Option and Database tradingTo study an option chain, focus on the current market price, displayed in the centre. Analyse the built-up data to understand market direction based on recent changes in open interest and price. ITM call options are typically highlighted in yellow, making it easier to distinguish them from other options.
The put-call ratio measures trading volume using put options versus call options. Instead of the absolute value of the put-call ratio, the changes in its value indicate a change in overall market sentiment.
Nifty - Awaiting the Fifth Wave for a BreakoutNifty recently hit a low of 21,905 , marking a key reversal point in the trend. A well-defined Head and Shoulders pattern is emerging, with the right shoulder currently forming. The ongoing pullback has retraced to the 38.2% level, but there is potential for it to extend towards the 50% mark at 22,906 . However, the upward move appears to be losing momentum, with buying interest remaining subdued.
Based on the chart, the head of the pattern signifies the beginning of a new impulse wave. This appears to be the fourth wave within the larger first wave. Once Nifty completes this corrective phase, the fifth wave is expected to present a trading opportunity. If wave equality holds, Nifty could potentially rise to 24,857 .
NIFTY : Trading levels and Plan for 01-Apr-2025📌 NIFTY Trading Plan – 01-Apr-2025
📊 Market Overview:
NIFTY closed at 23,179, forming a consolidation base near the Opening Support Zone (23,164 – 23,210). The index has shown sharp volatility in previous sessions, and its next move will depend on how price reacts at key resistance and support levels.
For a disciplined and well-planned approach, let’s analyze all possible opening scenarios and formulate a structured trading plan accordingly.
🔼 Scenario 1: Gap-Up Opening (100+ points above 23,275)
A gap-up above 23,275 suggests bullish momentum, but whether it sustains or reverses will depend on the key resistance zone (23,351 – 23,385).
✅ Plan of Action:
If NIFTY sustains above 23,275, expect a bullish move towards 23,351 → 23,385. If it breaks and holds above 23,385, the rally could extend towards the major resistance at 23,502.
If price faces resistance at 23,351 – 23,385 and starts reversing, expect a pullback toward 23,275 → 23,210. A breakdown below 23,210 could signal further weakness.
Avoid entering long trades directly at 23,351 – 23,385, as this is a potential profit-booking zone. Look for either a clean breakout or a bearish rejection before making a move.
🎯 Pro Tip: If the gap-up starts fading in the first 15-30 minutes, it indicates weak buying pressure, increasing the probability of a sell-off.
⚖ Scenario 2: Flat Opening (Within ±100 points, around 23,179)
A flat opening near 23,179 suggests indecision, where price action will decide the next direction. The critical range to watch is 23,164 – 23,275.
✅ Plan of Action:
Upside case: If NIFTY breaks and sustains above 23,275, it may test 23,351 → 23,385. Monitor price action near these levels before entering fresh longs.
Downside case: If NIFTY breaks below 23,164, it could slide towards 23,067 → 22,907. A breakdown below 22,907 would confirm further downside pressure.
Avoid trading inside the No Trade Zone (23,164 – 23,275), as price might consolidate before a decisive move.
🎯 Pro Tip: In a flat opening, wait for a strong 15-minute candle close above/below key levels before taking any trade.
🔽 Scenario 3: Gap-Down Opening (100+ points below 23,067)
A gap-down below 23,067 could indicate selling pressure, but strong buyers might step in around the 22,907 support zone.
✅ Plan of Action:
If NIFTY sustains below 23,067, expect a decline towards 22,907. A breakdown below 22,907 could extend the fall to 22,800 – 22,750.
If NIFTY finds support at 22,907 and rebounds, expect a recovery towards 23,067 → 23,164. A strong close above 23,164 would signal buyer strength.
Be cautious of bear traps – If the market gaps down but quickly recovers, it could trigger short covering, leading to a sharp upside reversal.
🎯 Pro Tip: If the gap-down occurs near a major support zone, wait for bullish confirmation (e.g., reversal patterns) before going long.
⚠️ Risk Management Tips for Options Traders
🔹 Avoid over-leveraging – Proper position sizing is key to managing risk.
🔹 Theta Decay Awareness – If the market consolidates, option premiums will decay rapidly.
🔹 Use Spreads for Protection – Instead of naked options, use spreads to control risk and improve trade probabilities.
🔹 Trade at Key Levels – Avoid impulsive trades; focus on defined support and resistance zones.
📌 Summary & Conclusion
📍 Key Levels to Watch:
🟥 Resistance: 23,275 → 23,351 → 23,385 → 23,502
🟧 No Trade Zone: 23,164 – 23,275
🟩 Support: 23,067 → 22,907 → 22,800
🔸 Bullish Bias: Above 23,275, targeting 23,351 – 23,502
🔸 Bearish Bias: Below 23,067, expecting a fall towards 22,907 – 22,800
🔸 Neutral/Choppy: Inside 23,164 – 23,275, avoid unnecessary trades
🎯 Final Advice:
Stick to the structured trading plan and execute only at key levels.
Avoid emotional trading—wait for confirmation before entering trades.
The first 15-30 minutes after market open will provide better clarity—observe price action before committing to a trade.
📢 Disclaimer
I am not a SEBI-registered analyst. This trading plan is for educational purposes only. Please conduct your own research or consult a financial advisor before making any trades.
Nifty 50 Index Analysis & Trade Setup (April 1, 2025)1. Current Market Overview
Last Close: 23,495.15
Day’s Range: 23,450.20 (Low) – 23,545.30 (High)
Change: -48.50 (-0.21%) – Minor bearish close
Key Observations:
The index faced resistance near 23,545 and closed slightly lower.
The 15-minute chart shows consolidation between 23,450–23,545.
The 1-hour chart suggests a broader range between 23,200–23,800.
2. Technical Analysis Breakdown
a) Support & Resistance Levels
Immediate Support: 23,450 (Day’s Low)
Strong Support: 23,200–23,400 (Previous swing low & psychological level)
Immediate Resistance: 23,545–23,600 (Day’s High & round number)
Strong Resistance: 23,800 (Key swing high)
b) Price Action & Trend
Bearish Bias: The index closed below the opening price, indicating selling pressure.
Neutral Zone: If 23,450–23,545 holds, expect sideways movement.
Breakout Scenario:
Bullish Break: Above 23,600, target 23,800.
Bearish Break: Below 23,450, target 23,200–23,300.
c) Volume & Momentum
The decline was not extreme, suggesting cautious selling rather than panic.
A retest of 23,500–23,600 could confirm direction.
3. Trade Strategy (Intraday/Swing)
A) Short Trade (Bearish Bias)
Entry Zone: 23,500–23,550 (Retest of resistance)
Stop Loss: 23,600 (Above day’s high)
Target 1: 23,400 (Minor support)
Target 2: 23,200–23,300 (Strong support)
Risk-Reward: ~1:2 (Favorable)
B) Long Trade (Bullish Reversal)
Entry Zone: 23,450–23,400 (Support bounce)
Stop Loss: 23,350 (Below swing low)
Target 1: 23,600 (Resistance)
Target 2: 23,800 (Major resistance)
Risk-Reward: ~1:3 (High reward if breakout occurs)
4. Key Takeaways & Final Thoughts
Bearish until 23,600 breaks – The close below 23,500 suggests weakness.
Watch 23,450 closely – A breakdown could accelerate selling.
Bullish only above 23,600 – Confirmation needed for upside momentum.
Ideal Strategy: Wait for a clear break (either side) before committing.
Final Note: If the market opens near 23,500, watch for rejection (short) or bounce (long). Adjust stops based on volatility.
NIFTY IS READY FOR ANOTHER DOWNFALL? 23000!!dollar is weakened due to tarriffs on automobile, EURO region slammed 25% tariffs by Trump for imported vehicles.
In technical price of dollar(dxy) is rejecting from fvg.
So my opinion is dollars is going down today, for that reason I expect nifty to go down.
It's my opinion,if you have anything comment.
NIFTY Elliott Wave Analysis - Long Term targetAfter taking a strong run-up from COVID swing low, Nifty corrected 18% from Oct 2021 till June 22. The correction also followed Elliott Wave principles of the 5 main waves.
From June 2022, a larger Elliott Wave is in progress with Wave 3 lasting almost 1.5 years, from March 2023 till Sep 2024.
Wave 5 targets can take Nifty above 30k, before we see another major correction that can bring it down to 20k levels.
This timeline coincides with the famous Samuel Benner's Market Cycle theory, which states 2026 as a "year of good times, high prices and right time to sell stocks".
medium.com
NIFTY : Intraday Trading levels and Plan for 26-Mar-2025
📊 Current Market Status:
NIFTY closed at 23,605.95, showing a decline from recent highs. The price action suggests that the index is at a crucial juncture, with key resistance and support levels defining tomorrow’s possible movement. Let’s analyze the plan for different opening scenarios.
🔼 Scenario 1: Gap-Up Opening (100+ points)
If NIFTY opens above 23,734, it will enter the Opening Resistance Zone (23,734 – 23,810), which is a crucial level for bulls. A sustained breakout above this zone will determine further upside movement.
✅ Plan of Action:
If NIFTY sustains above 23,810, expect a move towards 23,931 (last intraday resistance). A further breakout above 23,931 could take it towards 24,087 (Profit Booking Zone).
If the index rejects 23,810 and starts reversing, look for short opportunities targeting 23,734 → 23,605.
Avoid trading within the No Trade Zone (23,734 – 23,810) unless a clear breakout or breakdown occurs.
🎯 Pro Tip: A strong gap-up near 23,810 might trigger profit booking, so avoid aggressive longs unless momentum is confirmed.
⚖ Scenario 2: Flat Opening (Within ±100 points)
A flat opening around 23,605 means NIFTY is indecisive, requiring confirmation at key levels before entering trades.
✅ Plan of Action:
Upside case: If NIFTY breaks above 23,734, it could retest 23,810, and a breakout above that can push it towards 23,931 – 24,087.
Downside case: If the index breaks below 23,605, expect selling pressure towards the Opening Support Zone (23,476 – 23,501).
Neutral Approach: Avoid trading within the No Trade Zone (23,734 – 23,810) unless a strong breakout occurs.
🎯 Pro Tip: If volatility is low, options traders can use Iron Condors or Straddle Sells for range-bound strategies.
🔽 Scenario 3: Gap-Down Opening (100+ points)
If NIFTY opens below 23,476, bearish sentiment might take control, and we must assess the strength of support zones.
✅ Plan of Action:
If price sustains below 23,476, expect a decline towards 23,297 (Last Intraday Support).
If price takes support at 23,476 – 23,501 and rebounds, a potential pullback entry can be considered, targeting 23,605 – 23,734.
Watch for trap setups—if NIFTY opens low but quickly reverses above 23,476, it could be a bear trap leading to a short squeeze.
🎯 Pro Tip: In a gap-down scenario, avoid panic selling and wait for a breakdown retest before entering trades.
⚠️ Risk Management Tips for Options Traders
🔹 Avoid over-leveraging – Trade within your risk capacity and manage exposure wisely.
🔹 Theta Decay Awareness – Options traders should be mindful of premium decay, especially near expiry.
🔹 Hedge Your Positions – Use spreads instead of naked options to reduce risk.
🔹 Wait for Confirmation – Never enter trades based on emotions; always wait for price action confirmation.
📌 Summary & Conclusion
📍 Key Levels to Watch:
🟥 Resistance: 23,734 → 23,810 → 23,931 → 24,087
🟧 No Trade Zone: 23,734 – 23,810
🟦 Support: 23,476 – 23,501 → 23,297
🔸 Bullish Bias: Above 23,810 for targets of 23,931 – 24,087
🔸 Bearish Bias: Below 23,476 for a move towards 23,297
🔸 Neutral/Range-Bound: If price remains between 23,734 – 23,810
🎯 Final Advice:
Follow levels with discipline.
Avoid overtrading in No Trade Zones.
Let the first 15-30 minutes settle before making aggressive trades.
📢 Disclaimer
I am not a SEBI-registered analyst. This analysis is for educational purposes only. Please do your research or consult with a financial advisor before making trading decisions.
🚀 Stay updated on live trading levels & setups!
NIFTY : Intraday Trading Levels and Plan for 25-Mar-2025📅 NIFTY 50 Trading Plan – 25th March 2025
⏰ Timeframe: 15-min | 📊 Index Spot Reference: 23,674
🔍 Opening Scenario 1: GAP-UP Opening (100+ points)
If NIFTY opens significantly higher and trades above the 23,750 mark:
Keep a close eye on the Opening Resistance Zone between 23,863–23,931 . This area has historically acted as supply pressure, and price may show signs of rejection or pause here. If price action shows exhaustion in this zone (long upper wicks or bearish reversal candles), it can offer a high-probability short opportunity with tight risk. If a 15-min candle sustains and closes above 23,931 , Nifty may continue its bullish momentum towards the next level around 24,089 – marked as the “Last and Strong Resistance for Intraday.” Avoid aggressive buying near resistance. Instead, look for a pullback entry post-breakout with SL below the breakout candle’s low.
🧠 Tip: Don’t chase price. Let it stabilize before entry. In options, use OTM puts to short with defined SL and strict risk reward of at least 1:2.
🔍 Opening Scenario 2: FLAT Opening (±100 points)
If NIFTY opens near Friday’s close (23,651–23,674):
Wait for the first 15–30 mins to settle volatility. The price is currently in the middle of a decision zone. Watch for directional cues near 23,582–23,651 . Holding above this zone with strength can signal a move towards resistance zones mentioned above. If the index breaks below 23,582 , it may test the next demand zone between 23,507–23,491 . For bullish bias, price must sustain above 23,651 with volume and momentum. Look for bullish reversal candles like Hammer or Bullish Engulfing for confirmation.
🧠 Tip: For flat openings, straddles or strangles can be considered in options, but manage the premiums with strict SL, especially if the index remains range-bound.
🔍 Opening Scenario 3: GAP-DOWN Opening (100+ points)
If NIFTY opens around or below 23,500:
Watch 23,507–23,491 zone for any immediate bounce-back reaction. If buyers step in with volume, a quick pullback to 23,582+ is possible. If price slips below 23,491 , then 23,368 becomes the last support for the day. Breakdown below 23,368 could lead to a sharp fall toward lower psychological supports. Reversal trades should only be taken if there’s a bullish candle confirmation near support zones with increasing volume. If Nifty stabilizes and forms a base near 23,368, short-covering rallies can be sharp and tradeable.
🧠 Tip: Use spreads (bear call or bull put) in high volatility gaps. Avoid naked options with aggressive sizing post gap-down as premiums get inflated.
💡 Risk Management Tips for Options Traders:
Always trade with a fixed capital allocation per setup – ideally 2–5% of total capital. Don’t hold losing positions past your defined stop loss – honor SL with discipline. For intraday option trades, use 5-min/15-min candles to trail SL for locking in profits. Avoid holding zero-value options till expiry unless it's part of a hedge. Focus more on setups with favorable risk-reward, not just option premiums.
📌 Summary & Conclusion:
✅ Upside Zones to Watch: 23,863–23,931 (resistance), 24,089 (extension target)
✅ Support Zones: 23,582 → 23,507 → 23,491 → 23,368
✅ Strategy Focus: Wait for clear price action in respective zones; avoid emotional trades on gap days. Respect the market structure and plan trades only with confirmations.
⚠️ Disclaimer: I am not a SEBI-registered analyst. This plan is shared purely for educational and informational purposes. Please consult with your financial advisor before making any trading decisions.
Nifty 50 upcoming levelThe Nifty 50 has recently formed a bottom around 21,964.
Nifty is showing a one-directional move from that level, and momentum is increasing with each candle.
Previously, Nifty faced resistance around 23,780, and the current price is 23,658, just 120 points away from the previous resistance.
After a quick rally, Nifty 50 may encounter resistance near 23,780, and an Inverse Head & Shoulders formation is possible.
Note: Resistance does not guarantee a confirmed reversal, but we need to monitor price action at that level to determine whether it is breaking and sustaining the resistance.
Stay tuned for more updates!
Hit the Boost button for regular updates!
Nifty SpotNifty Spot
for 24 - 28 March 2025
last week NS opened @ 22353.15 as O=L
gave incredible 1000+ points
The important level is 23427 (30min close) for the market to give a fresh breakout.
Similarly if the market makes a 30m close below 23427 then probably 23400 PE can be a bes t bet for options players....
Again exiting position at a level mentioned below that...
Level to level trading is recommended...
Happy trading and Profit making with proper planning..
Like.. Share.. Comment...
NIFTY Prediction for Tomorrow – March 25, 2025What happened on last day:
As we discussed, the NIFTY has been in a sideways accumulation phase, and it has now broken to the upside.
If we look at the chart now:
The market is trading just below the 200 EMA (1D-tf) , which is acting as a strong resistance. Price has shown strong bullish momentum and has successfully broken out from the descending PINK trendline , which had held the price for over 10 months.
Structure-wise, NIFTY is forming higher highs and higher lows , suggesting a clear shift in momentum from bearish to bullish.
Price is trading above the 13, 50, and 100 EMAs , but still below the 200 EMA , which remains the immediate level to cross.
RSI = 64 , showing strong bullishness but not yet in the overbought zone — bulls still have strength.
Price is also trading above VWAP , confirming healthy bullish bias on the day.
All important breakout levels, retest zones, and trendlines are clearly marked on the chart.
Support levels: 22,775, 21,987, 21,840
Resistance levels: 23,600, 23,870, 24,790
If we look at the OI data:
PCR = 1.1 , showing a strong bullish structure in the options market.
There is strong Put writing at 23,000, 23,100, and 23,200 levels which are likely to act as near-term supports.
On the upside, significant Call writing is seen at 23,600, 23,700, and 23,800 levels — making them key resistance levels.
We are currently in the last week of the March monthly expiry (27 Mar) , so this OI structure gives strong directional cues.
If we look at the news & sentiment:
INDIA VIX = 12.6 , showing low volatility expectations.
No negative macro or global cues, INR and crude oil are stable.
Sentiment across financial media is cautiously bullish , with attention on whether NIFTY can sustain above the 23,600 zone.
I am expecting
The market to be sideways to bullish unless it breaks above 23,600 decisively, which could lead to further rally toward 23,870 and 24,790 .
Reasons:
✅ Breakout from 10-month falling channel
❗Price > EMA(13, 50, 100) but just below 200 EMA (Bullish but watch for breakout)
✅ Volume spike confirms institutional participation
✅ Clean higher-low structure forming
✅ Above 50 EMA and approaching 200 EMA
Verdict: Sideways or Bullish
Plan of action:
Sell 23,600 CE and 23,600 PE — hold the position within range.
Exit one leg if price breaks on either side with momentum and volume.
NIFTY detailed countingAs discussed in the last post, NIFTY's price has crossed over 23026.85 before 21st March so we can count the current move as wave (3). We can also see that price has broken the base channel, which is an important sign of wave (3) progression.
The detailed counting is given in the chart.
As we can see, the price is in subordinate wave 3 of the bigger wave (3).
The minimum target of Trending Impulse is 161.8% as per the rule.
We can expect the price to touch that level in the upcoming session.
I have marked, for now, a bigger wave (3) (in red) at 161.8% but as mentioned earlier, it is just the minimum target of it and the price may go beyond this level too.
This analysis is based on Elliott Wave theory and Fibonacci.
This is not any buying recommendation.
This analysis is for educational purposes only.
Advanced Candlesticks Part -2Candlestick patterns provide insight into price action at a glance. While the basic candlestick patterns may provide some insight into what the market is thinking, these simpler patterns often generate false signals because they are so common. Below, we will look at more advanced candlestick patterns that offer a higher degree of reliability.
The Tweezer Top candlestick pattern is a bearish reversal pattern that signals a potential shift from an uptrend to a downtrend, characterized by two consecutive candlesticks with nearly identical highs, suggesting buyers are losing control and sellers are gaining ground.
KOTAK BANK NEAR FLAG BReakoutKotakBank is nearly Flag Breakout on Monthly Candle (Wait more 7 days to Finish MOnthly Candle with Big Bull Breakout)
Wait for Proper Breakout beacuse its 4 time where Chart is going to test same Trendline.
Flag Pattern Start from 2020- After 5 years its will going to break
If we see fulll chart Stock taking support over 2013 Trendline before two months so there is more more possibility to give breakout
if we see RSI chart its also show Breakout over MOnthly RSI trendline..
## THis is my Just View, take position after all confromations and research by yourself##
also see weekly chart - weekly showing strong big bull canle ( 1more Weekly Candle Require for final conformations)
Dead Cat Bounce or Trend Reversal: What's Next for the Nifty?● After a significant decline from its all-time high, Nifty found strong support near the 22,000 level.
● Since then, the index has rebounded and recently breached its trendline resistance, signaling a potential shift in market sentiment. 🚀
📊 Open Interest (OI) Data Analysis:
● The OI data indicates a substantial increase in put open interest at the 23,000 strike price, establishing this level as a key immediate support.
● Conversely, the 23,500 strike price has emerged as a strong resistance zone, with the highest concentration of call OI.
❓ Key Question:
Has the Nifty truly bottomed out, or is there still room for further correction? 🤔
💬 Share your insights and perspectives in the comments below! 👇
NIFTY MATHEMATICAL LEVELSThese 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
NIFTY Intraday Trade Setup For 20 Mar 2025NIFTY Intraday Trade Setup For 20 Mar 2025
Bullish-Above 22950
Invalid-Below 22900
T- 23125
Bearish-Below 22800
Invalid-Above 22850
T- 22635
NIFTY has closed on a slight bullish note with 0.32% gain today. Yesterday we discussed that 22900 will act as a confluence zone as that was 50% retracement zone , which resulted into sideways market. Index is at striking distance from 50 EMA in daily TF. Intraday traders should lower position size as it is a confluence zone in which bulls and bears may start tug of war. Let breakout happen or resistance to be taken.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 22950 then we will long for the target of 23125.
For selling we need a 15 Min candle close below 22800. T- 22635.
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.
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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 Intraday Trade Setup For 19 Mar 2025NIFTY Intraday Trade Setup For 19 Mar 2025
Bullish-Above 22900
Invalid-Below 22850
T- 23125
Bearish-Below 22680
Invalid-Above 22730
T- 22470
NIFTY has closed on a bold bullish note with 1.45% gain yesterday. 4 days range that we discussed was shifted last day and gave a very good momentum in the upside. Buy targets were achieved almost in flow. Now 22900 looks like a confluence zone as that's 50% retracement from previous swing high in daily TF, may act as resistance. In case it gives pullback breakout then will consider buy. 22680 will be intra support.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 22900 then we will long for the target of 23125.
For selling we need a 15 Min candle close below 22680. T- 22470.
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.
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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 Intraday Trade Setup For 18 Mar 2025NIFTY Intraday Trade Setup For 18 Mar 2025
Bullish- Above 22580
Invalid-Below 22530
T- 22820
Bearish-Below 22310
Invalid-Above 22360
T- 22140
NIFTY has closed on a bullish note with 0.5% gain today. It has been trading inside range of 22600 and 22300 since last 4 sessions. Hourly key levels are 22700 and 22300. One should wait for this range to break to trade directional. As intraday move are too choppy to trade. Index is bearish till it is below 50 EMA in daily TF. Although it is bearish always looks for bearish price structure to short if pullback come.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 22580 then we will long for the target 22820.
For selling we need a 15 Min candle close below 22310. T- 22140.
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 weekly analysis for 17/03/2025Nifty is trading between 100 EMA (weekly) and 20 EMA (daily). A good support from the weekly moving average is there and resistance on the daily charts.
A continuous support from 22300 level is there as the market has remained in a range whole week.
If the market tried to breach the support level, the support of weekly 100 EMA can be the other support around 22030 else it will take support around 21800.
In case the market starts to recover from the bottom and creates a higher high higher low formation it has to take out the resistance of 22650 and 22758.
Major levels are plotted in the charts. Just wait for the price action to confirm the entry into a trade else another sideways market can be seen.
Inside candle formation on the daily charts is also there and break out/down can be traded accordingly. Different trading approaches can help in capturing a good trade.
Wait for the price action near the levels before entering the market.