Nifty Institutional levels | Intraday 18-JUNE-2024 9:15 IST#Optionbuyers
#Niftyoptionscalping
1️⃣ Zones you always Like:-
👉Green zone- Institutional support
👉Red zone - Institutional resistance
👉Gap between institutional zones is always of 100 points
👉Zone is created with the help of pivot points and Fibonacci
👉Advance version of price action
👉Trades based on Nifty future chart
2️⃣ Trade Execution:-
👉Trade based on order flow data
👉Timeframe - 1 min and 5 min
👉Risk Reward Ratio always 1:2
👉Strike price always ATM & slightly ITM
👉Maintain Position sizing according to your own method
3️⃣ House Rules in trading:-
👉Sharp at 9:15 AM
👉Priority to risk management
👉Fast execution (morning breakfast)
👉Stop-loss 10 points (strictly)
#ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌
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Niftyprediction
Nifty Expectation for Tuesday, June 18th 2024Nifty Analysis:
Previous OI PCR: 1.3
General Trend:
Nifty has spent 5 months near the middle of the channel on the monthly chart and is now looking to break out.
On the daily chart, since June 10, Nifty has been trading within a narrow 300-point range.
From June 5th to 14th, no candle on the daily chart has closed below the previous day’s low.
Over the past 4 days, the daily chart shows buyers gradually pushing the close higher each day. Despite this, Nifty hasn't managed a strong breakout.
All these indicate that while bulls remain active, they are hesitant. A strong breakout above 23,500 is needed to push Nifty toward the upper trendline of the channel.
Ichimoku Cloud:
On the Nifty hourly chart, Nifty is hovering around TS @ 23,410, with KS support around 23,360.
As per Ichimoku Nifty is bullish in Monthly, weekly and daily time frames. Neutral in hourly TF.
Key Levels for Nifty:
Resistance: 23,480 (+/- 20 points)
Support: 23,350 (+/- 20 points)
Entry and Exit Points:
Breakout with Momentum: Above 23,500 may lead to short covering by call writers @ 23,500, pushing Nifty towards 23,600 to 23,650.
Breakdown Below Support: Below 23,350 can push Nifty down to 23,300, 23,200, and then to
22,050.
Red Flags:
Although Nifty is positive on the weekly, daily, and hourly charts, it has moved above the upper Bollinger Band on the weekly chart, suggesting a likely reversal due to profit-taking. This is supported by bearish divergence on the MACD and RSI. However, the trend will only turn bearish if the weekly candle closes below the previous week's low.
With VIX falling below 13, option buyers should be careful as the momentum needed to push prices up may be missing.
Protect any future gains resulting from the upmove and stay cautious.
Disclaimer : We are not SEBI registered. The content presented here is based on personal opinions. Conduct your own research and consult with a qualified financial advisor before making any investment decisions.
#Nifty Directions and levels for June 18th.Good morning, friends! 🌺🍬 Here are the directions for June 18th:
There are still no significant changes in the global and our markets. They are maintaining a moderately bullish sentiment. Today, the market may open with a gap-up start, as indicated by GiftNifty, which shows an increase of 110 points (at 8:00 AM).
Nifty and Bank Nifty have structures of consolidation. Even though they are in consolidation, the wave counts are different. Nifty is moving in the 5th diagonal, and Bank Nifty is moving in the 4th correction. We have already discussed this. Let's discuss today's direction.
If the Nifty sustains the gap-up start, then we can expect a minimum of 23606 to 23668. It's a higher degree supply zone, but it’s not a big deal today. If the market reaches there, it will likely take consolidation there, meaning the market may maintain the bullish sentiment in the upcoming session as well. On the other hand, if it rejects sharply around the supply zone, we could wait for the reversal confirmation, as usual, EMA20 or minor swing 38% Fibonacci level breakout. If it breaks, we can expect the next correctional target, a minimum of the 78% Fibonacci level. If it doesn’t break the 38%, then minor consolidation may continue.
The alternate view is if the gap-up doesn’t sustain or if it rejects around the level of 23556, then the diagonal may continue further within the channel. If you want clear levels, then use the same reversal confirmation parameters.
#NIFTY Intraday Support and Resistance Levels -18/06/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 23480 level and then possible upside rally up to 23600 level in today's session. in case nifty trades below 23430 level then the downside target can go up to the 23310 level.
Nifty Support & Resistance Levels for 18.06.2024Nifty made a new All-Time High of 23,490.40 on Friday. The weekly trend (50 SMA) remains positive, while the daily trend is sideways.
Support Levels:
Near Support/Demand Zone (15m): 23,334 - 23,368
Far Support/Demand Zone (15m): 23,297 - 23,329
Far Support/Demand Zone (15m): 23,232 - 23,268
Currently, there's no supply/resistance zone seen on the chart.
NIFTY SELL TRADE There are chances that nifty can give the great sell trade
*Reasons for trade
1) price over buyed
2) There is rsi divergence on 1 hr timeframe
3) moving inside a channel pattern
4) price is going up but volume is contiously decresing
# make sure you set your own stoposs
#one can take trade ones market start breaking download
*Discaimler*
"Dont trade just on my idea do your own anaylis then decide you wanna take or not dont just
trust blindy"
# BEST OF LUCK #
Nifty & Bank Nifty Analysis For Next Week 17-21 June 2024In this video, we'll discuss about Market's Last Week Movement and we will try to analyze Coming Week's probabilities in Nifty, Banknifty and other segments too.
Whether you're a seasoned trader or just starting in the stock market, this analysis will help you in Learning about Market. Let's get right into it!
✅I hope you liked the analysis. Be sure to hit that LIKE.
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Disclaimer : All views and charts shared in this video are purely for knowledge and information purposes only. Trading is Very Risky Business and it should only be done with proper Knowledge. It is very important to do your own analysis before making any investment based on your own personal circumstances.
#TheStockMantra #MarketAnalysis #LearnStockMarket
NIFTY WEEKLY UPDATE 14/JUNE 2024Hello Traders.
My Name is Prince & here with the NIFTY weekly update.
As am not Instrested in Trading Bank Nifty because due to its loud move. The Bank nifty has tend to Be My Enemy all Time incurring losses every time.
Am Only Trading NIFTY & some of its stocks from basket.
My basked Has total 6 no. Of shares which i can find friendly nature with me.
AS we can se that after the exit poll panic candles. On the Weekly Close Nifty sustained & closed Above the 3rd June High.
The Overall trend structure is Bullish creates a bullish view for me. Till the Low of 3rd june has Not been breaken.
NIFTY sustained above the 23000 Levels & Give the closing above it.
As Nifty was Trading in A NARROW RANGE whole week. The Next week will possibly TRENDING.
For Swing Trades Wait for the Nifty to expand its Volatility. Traders need to keep patience for the perfect entry is set up by your Stocks.
HAPPY TRADING
NIFTY prediction for tomorrow ( Monday ) 17 JunAs we discussed in the morning, NIFTY traded in a sideways-bullish zone.
If we look at the chart now:
The market is trading in a Bullish sideways uptrending channel. The market is continuously taking support at 50 EMA. Until Marklet is inside the channel, it's going to be sideways. The market is in the middle of the channel, which might also act as good resistance. But if it breaks 23472 to the upside, it might go till 23600. However, if it breaks the channel and 50 EMA to the downside, there is a high probability that it's going to touch 200 EMA with a sharp fall.
Support levels: 23338, 23199, and 23174
resistance levels: 23472, 23600
If we look at the OI data:
PCR = 1.42, which has increased from 1.17, shows a bullish sign in the market. 23400 is max-pain. 23500 has significant CE writing at higher levels. On the other hand, 23300 and 23000 have heavy PE writing.
VIX has also decreased significantly, which indicates volatility is being controlled.
I am expecting the market:
Case 1 : Sideways in the up-trending channel
Case 2 : Bearish if it breaks the channel to the downside.
Reason:
RSI 40-60 shows a bullish structure.
Price > EMA(13, 50, 200), which indicates a Bullish market structure.
PCR = 1.42 has risen from 1.12 and shows signs of bullishness.
Price > VWAP shows a Bullish market structure.
Verdict: Indecisive
Case 1 : Sideways in the up-trending channel
Case 2 : Bearish if it breaks the channel to the downside.
Plan of action:
Case 1 : Sideways: Sell 23450 PE & 23450 CE (Hedge it with 10/- premium options)
Case 2 : Exit opposite position on either side it breaks.
Nifty Institutional levels | Intraday 14-JUNE-2024 | 9:15 IST1️⃣ Zones you always Like:-
👉Green zone- Institutional support
👉Red zone - Institutional resistance
👉Gap between institutional zones is always of 100 points
👉Zone is created with the help of pivot points and Fibonacci
👉Advance version of price action
👉Trades based on Nifty future chart
2️⃣ Trade Execution:-
👉Trade based on order flow data
👉Timeframe - 1 min and 5 min
👉Risk Reward Ratio always 1:2
👉Strike price always ATM & slightly ITM
👉Maintain Position sizing according to your own method
3️⃣ House Rules in trading:-
👉Sharp at 9:15 AM
👉Priority to risk management
👉Fast execution (morning breakfast)
👉Stop-loss 10 points (strictly)
#ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌
🙏FOLLOW for more !
👍LIKE if useful !
✍️COMMENT Below your view !
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 prediction for today 14 JunAs we discussed yesterday, Nifty spent on an up-trending channel and ended sideways.
If we look at the chart now:
The market is in the channel right now. If it breaks down to the downside, it will give a nice bearish momentum.
Support levels: 23303, 23233, and 23152
resistance levels: 23439, 23481
I am expecting the market:
Case 1: Sideways in channel.
Case 2: Bearish if it breaks the channel to the downside.
Reason:
RSI 46-60 shows a sideways structure.
Price ~ EMA(13) but greater than EMA(200), which indicates the market can correct itself till 200 EMA.
EMA Bearish crossover of EMA(13, 50).
PCR = 1.17 which shows a bullish sign in the market.
Price ~ VWAP shows an indecisive market structure.
Verdict: Sideways in channel. Bearish if it breaks the channel to the downside.
Plan of action:
Case 1 : Sideways: Sell 23350 PE & 23400 CE (Hedge it with 20/- premium options)
Case 2 : Exit 23350 PE if it breaks to the downside.
#NIFTY Intraday Support and Resistance Levels -14/06/2024Nifty will be FLAT opening in today's session. After opening nifty start trading above 23440 level and then possible upside rally up to 23560 in today's session. in case nifty trades below 23380 level then the downside target can go up to the 23260 level.
#Nifty directions and levels for June 14th.Good morning, friends! 🌺🍬 Here are the directions for June 14th:
There are still no significant changes in the global and our markets. They are maintaining a moderately bullish sentiment. Today, the market may open with a neutral start, as indicated by GiftNifty, which shows an increase of 6 points (at 8.00 AM).
Both Nifty and Bank Nifty still have the same range-bound sentiment, but the wave structures are a little bit different from each other. The range market has many different patterns in the wave theory, so today we can see the sentiment separately.
Nifty has closed the range-bound structure, even though it opened with a long gap-up in the previous session. As per the wave structure, the 5-wave structures are completed in the diagonal pattern, indicating a correction. In this case, if the market declines initially, we can expect a minimum of 78% retracement in the minor swing. This is the basic structure. However, there is another variation: if the market finds support around the immediate support level (61%), then the range market will likely continue.
The alternate variation also suggests a range market. Even if the initial market takes a pullback, structurally it won't be sustained. If we want to describe it, it could be a diagonal extension. We can expect the maximum pullback level of 23,516. Again, what I'm expecting here is that it won't be sustained, but if it breaks that level solidly, then we can try a breakout entry with a target of 23,572 to 23,606.
Nifty Support & Resistance Levels for 14.06.2024Nifty broke the intraday supply zone (15m) yesterday, making a new all-time high of 23,480.95, marking the Open=High for the day. The weekly trend (50 SMA) remains positive, while the daily trend is sideways.
Support Levels:
Near Support/Demand Zone (15m): 23,232 - 23,268
Far Support/Demand Zone (15m): 23,037 - 23,078
Far Support/Demand Zone (125m): 22,642 - 22,911
Currently, there's no supply/resistance zone seen on the chart.
NIFTY Intraday Trade Setup For 14 Jun 2024NIFTY Intraday Trade Setup For 14 Jun 2024
Bullish-Above 23500
Invalid-Below 23450
T- 23665
Bearish-Below 23350
Invalid-Above 23400
T- 23075
NIFTY has closed with a gain of 0.33% gain today. It was another sideways market, being 4th consecutive day. It is currently sideways in the plotted channel. Breakout of this is needed for a good momentum either side. We have a holiday on Monday so there can volatile moves due to multiple expiries on the same day. 23500 and 23350 will be range to look for breakout or else it will sideways again.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 23500 then we will long for the target of 23665.
For selling we need a 15 Min candle close below 23350. T- 23210 & 23075.
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.
13 June 2024 - Nifty and Banknifty New ATHs almost everydayNifty Stance Bullish ⬆️
Nifty continued to make new highs every other day this week, overall it has been a steady week with very few wild swings. Just compare the swing range of the previous week vs this, and you will understand what I am talking about.
The new high is 23481 hit at the open today and then we fell almost 126pts ~ 0.54% , the beauty is that we did not go red today, even when BankNifty was toggling between red and green.
During this expiry, we managed to gain 550pts ~ 2.41%. Not only did we manage to recover from the 8.74% intraday fall on election counting day, but we also managed to close 3.77% above 31st May levels and that really sends a strong message to all investors.
The stance continues to be bullish, but it seems like Nifty is waiting for the fundamentals to catch up. At present, there are no major risks or challenges at the local level. All eyes are on global macros.
NIFTY VOLATILITY IS CONTRACTINGAs a Swing trade i am in a bullish bias right now. Because RSI is trading above > 50 levels.
NIDTY is in a very Narrow range . Candle sizes are small. More red candles in A Row.
This move suggest that there is a Chance to Enter NIFTY into the Bearish Territory.
Will buyers Hold or sellers win the Game.
There is a High probability the Range could be broken on upside because the Higher timeframe RSI in The Bullish territory.
Wait & Watch . Do not plan for Directional till the move is Confirmed with the Strong Buyers presence.
HAPPY TRADING
Nifty & Bank Nifty Analysis For 14 June 2024In this video, we'll discuss about Today's Market Movement and Tomorrow's Analysis in Nifty, Banknifty and other segments too.
Whether you're a seasoned trader or just starting in the stock market, this analysis will help you in Learning about Market. Let's get right into it!
✅I hope you liked the analysis. Be sure to hit that LIKE.
👍Like | 💬Comment | 👥Share
Disclaimer : All views and charts shared in this video are purely for knowledge and information purposes only. Trading is Very Risky Business and it should only be done with proper Knowledge. It is very important to do your own analysis before making any investment based on your own personal circumstances.
#TheStockMantra #MarketAnalysis #LearnStockMarket
Nifty Institutional levels | Intraday 13-JUNE-2024 | 9:15 IST#Optionbuyers
#Niftyoptionscalping
Zones you always Like:-
Green zone- institutional support
Red zone - institutional resistance
Gap between institutional zones is always of 100 points
Zone is created with the help of pivot points and Fibonacci
Advance version of price action
Trades based on Nifty future chart
Trade Execution:-
Trade confirmation on order flow data
Timeframe - 1 min and 5 min
Risk Reward Ratio always 1:2
Strike price always ATM & slightly ITM
Maintain position sizing according to your own method
House Rules in trading:-
Sharp at 9:15 AM
Priority to risk management
Fast execution (morning breakfast)
Stop-loss 10 points (strictly)
#ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌
🙏FOLLOW for more !
👍LIKE if useful !
✍️COMMENT Below your view !
#NIFTY Intraday Support and Resistance Levels -13/06/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 23330 level and then possible upside rally up to 23450 level in today's session. in case nifty trades below 23280 level then the downside target can go up to the 23160 level.