Nifty analysis for 09/01/2025.Nifty is trading around the major support zone and today it has formed a hanging man candle near the support.
On the daily charts, there is a dual support i.e. 200 EMA and a support zone.
A Head and shoulder Pattern is also being formed in charts. If the pattern is confirmed a good bearish move can be seen in the Indian market.
Bullish trades can only be initiated only when there is a confirmation pattern near the support
Major support zone :- 23146-23500
Resistance levels :- 23675, 24000
Wait for the price action near the levels before entering the market.
Niftyprediction
Nifty key levels for 08.01.2025Nifty key levels for 08.01.2025
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:
These views are purely educational in nature. You are solely responsible for any decisions made based on this research.
Nifty Intraday Trade Setup | 7th January 2025Nifty opened with a minor gap-up, didn't sustain above our buy level 24055 and broke our sell level 23920 on the downside. Nifty made a low around 23550 and we saw good downside move today.
Tomorrow, Buy Nifty if sustains above 23660 for the targets of 23710 and above marked level. On the other side, Sell Nifty if sustains below 23550 for the targets of 23490 and below marked level on the chart.
Expectations: Volatile day
Intraday Levels:
Buy Above - 23660
Sell Below - 23550
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
NIFTY Intraday Trade Setup For 8 Jan 2025NIFTY Intraday Trade Setup For 8 Jan 2025
Bullish-Above 23800
Invalid-Below 23750
T- 24055
Bearish-Below 23550
Invalid-Above 23600
T- 23300
NIFTY has closed on a slight bullish note with 0.39% gain today, majorly contributed through gap up opening. It was just at 23700 zone. Tomorrow index may slide again below 23600 as index is in good bearish grip. However free fall scenario possible below 23550. In case 23800 is taken out in the higher side then it can test 24k once again.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 23800 then we will long for the target of 24055.
For selling we need a 15 Min candle close below 23550. T- 23300
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 Automated Support Resistance Zone monthly/weekly/dailyHello Everyone,
Nifty Fall from 24200 resistance area,Supply zone,Liquidity area, reversals areas , finding this hidden levels with automated indicator created low of 23600 i.e 600 points fall in just 2 sessions
marking this areas are very important while we got this solutions.
Index key levels finding automatically hidden levels supportarea is at 23170 for monthly.
Nifty key levels for 07.01.2025Nifty key levels for 07.01.2025
If nifty breaks the upper or lower range we can expect the momentum. Consolidation zone will be favour to option sellers. Either side breakout will help option buyers.
Disclaimer:
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research
Nifty key levels for 06.01.2025Nifty key levels for 06.01.2025
If nifty breaks the upper or lower range we can expect the momentum. Consolidation zone will be favour to option sellers. Either side breakout will help option buyers.
Disclaimer:
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research
NIFTY Intraday Trade Setup For 6 Jan 2025NIFTY Intraday Trade Setup For 6 Jan 2025
Bullish- Above 24230
Invalid-Below 24180
T- 24500
Bearish-Below 23900
Invalid-Above 23950
T- 23650
NIFTY has closed on a slight bullish note last week but technically it is a neutral candle. In daily TF, 50 EMA is tested and got rejected. Now if index gives 50 EMA breakout then we will maintain buy on dips approach. 24250 is the last hourly swing high, an important level for bullish reversal.23200 is major weekly level, breakdown will lead to a short term crash.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 24230 then we will long for the target of 24500+.
For selling we need a 15 Min candle close below 23900. T- 23650.
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 directions and levels for the second week of January:Nifty
Previous Week Recap:
Last week, Nifty moved in a three-way structure. It started on a negative note, shot up sharply midweek, and ended with a slight decline. Open interest indicates a bearish bias, but it hasn’t fully confirmed. This suggests a moderately bullish bias for now. Let’s examine the charts.
Current View:
If the week starts negatively, Nifty could reach a minimum of 23,624. After that:
* If it consolidates or breaks below this level, the correction may continue.
* However, if it holds above 23,624, it could turn into a range-bound market between the previous high and 23,624.
Alternate View:
If the market finds support around 23,934 and breaks the previous high, it could target 24,559–24,698. This range is a significant resistance, and the rally will continue only if it breaks this level. Otherwise, the market could remain range-bound.
Final Note:
* The US market has several major events this week, so each session may open with fluctuations.
* The local market is entering the earnings season.
* Charts: Both global and local markets are in a range.
* Both Nifty and Bank Nifty have different structures as well as open interest.
Expectation: The market is likely to remain range-bound with a negative bias this week.
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
Nifty Trading Strategy for 3rd January 2025Nifty Trading Strategy
Key Levels:
Buy Above: The high of the 15-minute candle that closes above 24,235
Sell Below: The low of the 1-hour candle that closes below 24,035
Targets:
Upside Targets: 24,275, 24,318, 24,352
Downside Targets: 24,980, 24,945, 24,900
Strategy Details:
Buy Signal: Enter a buy position above the high of the 15-minute candle that closes above 24,235, aiming for targets of 24,275, 24,318, and 24,352.
Sell Signal: Enter a sell position below the low of the 1-hour candle that closes below 24,035, aiming for targets of 24,980, 24,945, and 24,900.
Trailing Stop-Loss: Use a trailing stop-loss to manage risk and protect your capital.
Book Profits: Regularly book profits at the specified resistance and support levels.
Disclaimer:
I am not SEBI registered. This strategy is based on historical data and technical analysis. Past performance is not indicative of future results. Trading involves risk, and you should only invest money that you can afford to lose. Always conduct your own research or consult with a financial advisor before making any trading decisions.
Nifty 50 Friday analysis For YouNifty Analysis Friday
In the chart we shared yesterday in Nifty, you said that a good move can be seen after the breakout.
Nifty may open flat again today
There is a small resistance area around 24350
Right now the breakout level is above
If it sustains above the support level then it can go up side otherwise it can come down side again
#NIFTY50
Nifty key levels for 03.01.2025Nifty key levels for 03.01.2025
If nifty breaks the upper or lower range we can expect the momentum. Consolidation zone will be favour to option sellers. Either side breakout will help option buyers.
Disclaimer:
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research
02 Jan 25 - Direct stance change from bearish to bullish---
Nifty Stance Bullish ⬆
In the last post mortem report, I did indicate the change of stance if Nifty goes above 24177. Nifty has a close of 24188 (weighted average) and 24167 (traded value) - so I cannot say with a 100% guarantee if we got a real close above 24177 or not. The 445 pts ~ 1.88% move today gives nifty a direct stance change from bearish to bullish (no neutral stance).
We are up 409pts ~ 1.72% of which 445pts came today, which also means that the stance was bearish till the 2nd of Jan 2025. What happened today is beyond comprehension, I am almost sure that none of the traders were ready for the move like this.
Nifty has moved 728pts intra week of which 445pts came today.
The USDINR chart is also relevant here, especially the mega move once we got a governor change. I think this is an inflection point and a weakening rupee (no firefighting by the RBI) is good for inflows.
Returning to the Nifty report, a fall below 23931 will shift my stance back to bearish so it is pretty important that Nifty holds the level today. If we continue to go up the crucial resistance levels would be 24348 and 24547. I hope we do not go above 24650 for the current expiry.
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The change in regulations is hitting professional traders more than the entry level retail ones. SEBI's new set of rules was implemented to turn off the small traders and since most of them do the options buying, the impact is not that much. The professional traders on the other hand are really going crazy as the new margin requirements are not at all helping.
When you take out the professional traders from the equation, they would prefer to trade on forex, crypto or the US options than the Indian counterpart. It is just a matter of time before we see the intellectual migration to the mother market. The whine and the roar on X is proof that influencers have started talking about alternate trading options. Personally, I feel if most of them get access to a stable market - they would not hesitate to migrate.
NIFTY analysis for tomorrow 03 JAN 24As we discussed, the NIFTY has been in sideways accumulation phase, it has broken to upside.
If we look at the chart now:
The market is trading at 50 EMA (1D-tf) and 200 EMA (4H-tf) resistance levels. Also, the market has given good bullish momentum today. Tomorrow might be a small side day. Also, the market is trading near the resistance level, which is going to provide good resistance. Important levels and trendlines have been marked on the chart.
Support levels: 200 EMA, 23950, 50 EMA (23800)
Resistance levels: 24167, Trendline (PINK), 24330
If we look at the OI data:
PCR = 1.2, which shows a good bullish structure in the market. The market has 24200 as max pain. As it is the very beginning of the weekly expiry, OI data is not going to play a very crucial role. Lower sides 24000, 23900, and 23800 have very good PE writing, so bulls are quite strong on lower levels. On higher levels, 24500 has good CE writing, which is going to provide good resistance.
I am expecting
The market is to be sideways unless it breaks the PINK trendline.
Reason:
RSI = 77 shows a bullish structure. (Bullish) -
Price > EMA(13, 50, 200), which indicates a good Bullish structure. (Bullish)
PCR = 1.2 indicates bullish direction in the market.
Price > VWAP shows a good bullish structure in the market.
Verdict: Sideways or Bullish
Plan of action:
Sell 24200 CE and Sell 24200. PE holds it in the range. Exit one leg if it breaks to one side.
Nifty weekly expiry analysis for 02/01/2025.Tomorrow is nifty first weekly expiry of the year.
A consolidation is going on in the index and today also it closed in a range.
If there is break out of the trendline on the upper side, chances of market retesting 24k levels are high.
In case of a fail and market trading downside, a trend downside possibilities are there.
20-EMA and 50-EMA are acting as a resistance and once cleared higher EMAs can be tested.
Option buyer be cautious of the expiry premium decay. Only trade the momentum.
Major levels
Upper resistance :- 24850, 24080
Lower support :- 23550, 23330.
NIFTY50 - REVERSAL SWING TRADE ON LONG SIDESymbol - NIFTY50
NIFTY is currently trading at 23585
I'm seeing a trading opportunity on buy side.
Buying NIFTY Futures at 23585
I will add more long position at 23435, if comes.
Holding with SL of 23275
Targets I'm expecting are 24080 - 24210 - 24400
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!