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Niftyprediction

Nifty View for Election ViewThe Exit Polls suggest that the NDA Govt. will be in power again. Thus, the FIIs that have been shorting their position the entire month of May, will either have to Cover their positions on Monday, or hold their positions with a hope that the Exit Poll results don't become a reality. Either ways, we'll see huge volatility on either Monday or Tuesday. Here's our key levels for the week- Upside Potential between : 23,000 - 23,700 Downside potential between : 21,500 - 22,000 Let me know what you think.
NSE:NIFTYLong
by ArjitGarg
Analysis Next Week 03-07 June 2024 | Lok Sabha Election ResultsIn 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. 👍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
NSE:NIFTY
by TheStockMantra
2
31 May 2024 - Stance changed to neutral, all eyes on exit pollNifty was unable to break the 22519 support, the entire day we spent hovering around this support resistance level - but the sheer inability to break shows the lack of strength of the Bears. I would have maintained the bearish stance if we had at least 1 candle below this level. Currently, the next support level is at 22295 and the resistance level is at 22781. All eyes are on the exit polls now, to be frank - technical analysis won't work when there is news flow and there is no way to predict what is coming next. To be honest, I am not aware if BJP will get the number of seats they had in mind or if we have a coalition govt or not. Personally, I prefer not to predict but take some aggressive positions once a clue appears. My expectations for markets next week, post election results 1. 400+ seats - up 5%+ 2. 270 to 399 seats - down 5 to 10% 3. less than 270 seats - down 25% I am of the impression that we may have a fall after the initial surge as a few sectors are overvalued.
NSE:NIFTY
by viswaram
1
What Is India VIX & Its impact on the Market Q: What is India VIX? Ans) India VIX, or India Volatility Index, measures the market's expectation of volatility over the near term. It is often referred to as the "Fear Gauge" as it indicates the level of fear or risk in the market. Higher VIX values indicate higher expected volatility, while lower values suggest lower expected Volatility. Q: What does a High India VIX indicate? Ans) A High India VIX indicates that traders expect significant volatility in the market. This often corresponds with market uncertainty or fear, possibly due to Economic Events, Political instability, or other factors that might cause large price swings. Q: What does a L ow India VIX indicate? Ans) Low India VIX suggests that traders expect the market to be relatively stable in the near term. This typically corresponds with periods of market confidence and lower perceived risk. Q: How do major events affect India VIX? Ans) Major Events such as Elections, Economic Announcements, Geopolitical Tensions, or Natural Disasters can significantly impact India VIX. These events often lead to increased uncertainty and Fear, causing India VIX to spike as traders anticipate greater market volatility. These are some of the Basic information about the India VIX and its impact on the Market Like & Follow for more Educational Posts ✍️
NSE:INDIAVIXEducation
by Himanu_HATradeTalk1
NIFTY Prediction for tomorrow | 3 June | MondayAs we discussed, Nifty had a sideways structure; it was sideways the whole day. If we look at the chart now: The market is trading in the range while taking good resistance at 200-EMA. The market is very volatile as VIX is 24.60. the market is trading in the range 22465 - 22639. If we look at the last two candles, it is a huge volume from the support zone as well as selling from the resistance zone. If we look at the OI data: PCR = 0.76, which has fallen from 0.53, shows a market bullish structure. 22500 is going to be MaxPain. 23000 is very Hard resistance with heavy CE writing. I am expecting: Case 1 : Sideways in the range 22465 - 22639. Case 2 : If the market breaks 22465 to the downside or if the market breaks the upside, it will be bullish. Reasons: RSI < 50 shows a weak bull strength. Price < EMA(13, 50, 200), which indicates a bearish market. The market has formed a lower high lower low structure in 15-min TH that indicates the market is bearish unless the market tends to form a Higher-High. PCR = 0.76 indicates neutral market behavior. Price < VWAP shows that a weak market structure can lead to a bearish market. Verdict: Sideways in range also can break to either side. Plan of action : Case 1: Sideways: Sell 22450 PE & 22650 CE (Hedge it with 40/-) Case 2: Exit the loss-making leg once it breaks the channel.
NSE:NIFTY
by finnova_
4
#Nifty Directions and Levels for May31st.Good morning, friends! 🌺🍬 Here are the directions for May 31st: The global market continues to show a bearish sentiment based on the Dow Jones, while our local market also shows a bearish trend. Today, the market may open with a slight gap-down, as indicated by GiftNifty, which shows a decrease of 25 points. Nifty and Banknifty moved in different paths in the last session. What about today? I think it may continue a little bit. OK, let's look at the Nifty chart first. Even though Nifty fell, it had a solid pullback in the last half hour, so even if the market opens with a gap-down, it may try to bounce back initially because the structures suggest that. If this happens, we can expect a range market between the 38% upside resistance and the previous low. if it happens, the second half might enter a correction phase. but This is not necessary, is our first variation. The alternate scenario suggests that if the initial market takes a solid pullback and reaches the 38% Fib level, we can try a breakout entry that may reach the 50% Fib level. If this happens, it could retrace a little bit and continue consolidating further. However, if it breaks 50% after the consolidation, we can expect a rally continuation.
NSE:NIFTY
by Manickamtraders
Nifty is showing correction ahead of Exit Polls Results Nifty showed correction for the 5th straight session, This is also the longest losing streak in last 7 months After Gap down opening, it remained in negative trend throughout the session A Bearish candle is formed on daily chart The imp upside hurdle is placed around 22630 level whereas downside support is around 22350 zone Track for price to form Price Action Patterns at Imp Levels, However market may show volatility during the last phase of elections Keep Tracking Charts *For Educational Purpose Learn & Practice Price Action setups
NSE:NIFTY
by Himanu_HATradeTalk1
30 May 2024 - Nifty did not break the 22519 decisively, bearish Over the last 1 week, Nifty hits a new ATH of 23110 and falls 3% ~ 693pts. On a week-2-week basis, we have only fallen 395pts ~ 1.72%. What is more important is that we have started a nice reversal, what needs to be seen is if we get a stronger fall this time. On every other occasion, the dip buyers emerged and ensured our indices were continuing the one-way trip i.e. upwards. Usually, every bull run will have a healthy correction, but in our case - we never even had a decent fall.  Yesterday we went short on Nifty and stayed neutral on BankNifty. Quite happy to see those trades went quite well. Nifty went all the way down to 22417 before retracing the support level of 22519 to close above. If we closed below 22519 today - it would have given a lot of confidence to the bears. Nevertheless, our view still remains bearish for Nifty and neutral for BankNifty. The real momentum should pick up once BN also joins N50 by breaking its support of 48661.
NSE:NIFTYShort
by viswaram
NIFTY prediction for tomorrow 31 May 24As we discussed, Nifty had a bearish structure; It has fallen by 287 points. If we look at the chart now: The market is trading in the bearish zone below 200 EMA. The market has taken support from the 0.50 Fib level while making a Morningstar pattern with a very nice volume spike. Price is trading below EMAs, showing a weak bull structure. If we look at the OI data: PCR = 0.53, which has fallen from 0.63, shows a market bearish structure. 22500 is going to be MaxPain. There is significantly more CE writing than PE writing, which shows that, right now, big players are just pushing the market to the downside. I am expecting: Case 1: Inside the Orange trendline, the market is going to be sideways in the range 22465-22613. Case 2: If the market breaks 22465 to the downside, we might see more bearishness to lower levels of 22200. Reasons: RSI < 40 falling from the upside shows a good bearish strength. RSI showing Bullish divergence. Price < EMA(13,200), which indicates a bearish market. The market has formed a lower high lower low structure in 15-min TH that indicates the market is bearish unless the market tends to form a Higher-High. PCR = 0.53 indicates huge bearishness. Price < VWAP shows that a weak market structure can lead to a bearish market. The market is making Morningstar star, which might force the market to hold the 22465 level. Verdict: Bearish or Sideways Plan of action : Case 1: Sideways: Sell 22450 PE & 22650 CE (Hedge it with 30/-) Case 2: Bearish: 22400 CE (Hedge it with 30/- CE) if the market continues bearish momentum.
NSE:NIFTY
by finnova_
6
#Nifty Directions and levels for May 30th.Good morning, friends! 🌺🍬 Here are the directions for May 30th: The global market continues to show a bearish sentiment based on the Dow Jones, while our local market also shows a bearish trend. Today, the market may open with a slight gap-down, as indicated by GiftNifty, which shows a decrease of 70 points. But, I'm not sure if this is due to global issues or contract rollover with GiftNifty. Anyway, let's look at the Nifty direction. Nifty has fallen with some minor swings. If the market opens with a gap-down, then the 38% Fibonacci level might act as a strong support. If it finds support there, then we can expect a pullback of 23 to 38% max. It could be a minor retracement, and if it gets rejected there, then the correction will likely continue. On the other hand, if the pullback structure has a solid candle formation, it might break the 38% Fibonacci level(upside). If it breaks, then we can expect 50 to 61% for the next target. If we want to state this more clearly, it may turn into a range between the upcoming low and the 61% Fibonacci level. This sentiment is also applicable for a neutral to gap-up situation because, as I mentioned, I don't know exactly why GiftNifty is showing a negative sentiment. The alternative scenario is if the gap-down sustains and breaks the immediate support with some consolidation or immediately, then the correction will likely continue.
NSE:NIFTY
by Manickamtraders
bullish breakout of weekly flag and pole pattern in IRFCA Bullish Flag and Pole pattern is visible on the Daily chart of NSE:IRFC The Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful appreciation in the price. MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue. One can create a fresh position in the scrip as per the levels mentioned on the chart. Risk Disclaimer: The trading ideas and analyses presented here are for educational purposes only and do not constitute financial advice. Trading and investing in financial markets involve risk. You should carefully consider your own financial situation, risk tolerance, and investment objectives before making any investment decisions. The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is subject to change without notice, and I cannot guarantee the accuracy, completeness, or timeliness of the information provided. Trading and investing carry the risk of substantial losses, and past performance is not indicative of future results. Always be aware that markets can be unpredictable, and prices may move against your trade or investment. It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions. You should only invest funds that you can afford to lose. I am not responsible for any trades or investments made based on the information presented in this analysis. By reading and using this information, you acknowledge and accept that you are solely responsible for any losses you may incur.
NSE:IRFCLong
by raigvivek
2
1.5 years long bullish Inverted Head & Shoulder Breakout A Bullish Breakout of Inverted Head and Shoulder pattern is visible on the Daily chart of NSE:WIPRO The shoulder is exactly at 0.236 fib retracement level. and the target is nearly at 0.50 fib level. MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue. One can create a fresh position in the scrip as per the levels mentioned on the chart. Risk Disclaimer: The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions.
NSE:WIPROLong
by raigvivek