Get started

Niftyprediction

Nifty Institutional levels | Intraday 15-May-2024 Disclaimer:- The information provided by our advisory service is for educational and informational purposes only. We do not provide investment, financial, or legal advice. Trading and investing involve risks, and past performance is not indicative of future results. Any decision to engage in trading or investment activities is at the sole discretion and risk of the individual. We strongly recommend consulting with a qualified financial advisor or professional before making any investment decisions. We do not guarantee the accuracy, completeness, or reliability of any information provided, and we disclaim any liability for any loss or damage arising from reliance on the information provided. Users are solely responsible for their own investment decisions and actions and off course we are not SEBI registered.
NSE:NIFTY1!
by ReviveTraders
#Nifty directions and levels for May 15th.Good morning, friends! 🌺🍬 Here are the directions for May 15th: There have been no changes in the global and our local markets. The global market still maintains a moderately bullish sentiment (based on the Dow Jones), while our local market sentiment also indicates a moderately bullish trend. It might open with a neutral to slightly gap-up start, as suggested by GiftNifty, showing an increase of +50. Nifty continued its rally in the previous session and broke a Fibonacci level of 38%. Even if it breaks this 38% level, the structure has a diagonal formation indicating a distribution pattern. Therefore, if the gap-up doesn’t sustain and there is a sharp decline, the market may retrace a minimum of 38% to 61%. after that If it consolidates around the support level of 61%, the correction will continue if it breaks the previous low. On the other hand, if it finds support around the 61% Fibonacci level, we can expect a bounce back that may reach the day’s opening price level. An alternate scenario suggests that if the gap-up sustains and breaks the 50% Fibonacci level, it may continue the pullback in a diagonal structure. However, if the opening market has a solid structure, we can expect a sharp rally.
NSE:NIFTY
by Manickamtraders
14 May 2024–Nifty gets steam, is it short covering or fresh longNifty Analysis - Stance Neutral ➡️ Recap from yesterday: "The recovery was more than fast and furious, it even took out the 22051 resistance level. This nudged me to change the stance from bearish to neutral just for tomorrow." Nifty started the day inline and then started climbing almost steadily. There were no visible drops, pullbacks, or attempts by the Bears to push down the prices. The decision to change the stance from bearish to neutral yesterday paid off. At this point, I am not quite sure if it's the short covering or build-up of new long positions that is taking the markets higher. I am hard-guessing it should be a short covering. The moment we get past 22295, we will be forced to go long. On the higher time frame, N50 has held on to the 21913 pretty strongly reinforcing the IH&S pattern (earlier). This could be read along with the new double bottom (W pattern) that is forming which shows the strength of the support level. Nifty Algos ended the day with gains of 5625 INR
NSE:NIFTY
by viswaram
Nifty witnessed rebound for 2nd straight Day Nifty continued with its monday gains, The slowly moved higher in today's session However Sectorial trend was mixed Next hurdle is placed around 22300 zone, The important downside support is near 22000 level The index can show diorectional movement outside the range of 22k to 22300 in coming sessions Market may also show both sides movement during the Polling season. Keep Tracking Charts *For Educational Purpose Learn & Practice Price Action setups
NSE:NIFTY
by Himanu_HATradeTalk1
Nifty Support & Resistance Levels for 15.05.2024Nifty encountered resistance within the 75-minute supply zone identified between 22244 and 22369, as mentioned in the previous post, resulting in a minor downward reaction. Further downside movement is anticipated, with expectations of a decline towards the support zone located at 22132 to 22071. Additionally, a distant support zone is identified at 21934 to 21979. Meanwhile, the nearest resistance remains unchanged, standing at 22244 to 22369, with a more distant resistance observed between 22409 and 22589.
NSE:NIFTYShort
by PriteshPal
NIFTY Intraday Trade Setup For 15 May 2024NIFTY Intraday Trade Setup For 15 May 2024 Bullish-Above 22280 Invalid-Below 22230 T- 22500 Bearish-Below 22080 Invalid-Above 22130 T- 21800 NIFTY has closed on a bullish note with 0.51% gain today. Unlike BANKNIFTY it was trendy after 11 o'clock. Buy triggered as per trade setup above 22150 and gave a move till 22270, however target was not achieved. On a flat opening there can be another good trendy day above 22270. 22370 looks as an confluence zone in case of a gap up. Currently bulls have overpowered so will maintain a bullish view. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 22280 then we will long for the target of 22500. For selling we need a 15 Min candle close below 22080. T- 21800. 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.
NSE:NIFTY
by Omahto
Nifty Institutional levels | Intraday 14-May-2024Soon i will give update on how to use this IT levels in Options Trading. Disclaimer:- The information provided by our advisory service is for educational and informational purposes only. We do not provide investment, financial, or legal advice. Trading and investing involve risks, and past performance is not indicative of future results. Any decision to engage in trading or investment activities is at the sole discretion and risk of the individual. We strongly recommend consulting with a qualified financial advisor or professional before making any investment decisions. We do not guarantee the accuracy, completeness, or reliability of any information provided, and we disclaim any liability for any loss or damage arising from reliance on the information provided. Users are solely responsible for their own investment decisions and actions and off course we are not SEBI registered.
NSE:NIFTY1!
by ReviveTraders
#nifty directions and levels for May 14th.Good morning, friends! 🌺🍬 Here are the directions for May 13th: The global market still maintains a moderately bullish sentiment (based on the Dow Jones), while our local market sentiment also indicates a moderately bullish trend. It might open with a neutral to slightly gap-up start, as suggested by GiftNifty, showing an increase of +50. Nifty had a sharp pullback after the initial decline in the pervious session, and GiftNifty is also indicating a positive start. However, on the upside, there is a Fibonacci level of 38% resistance, which is a key rejection level. If the market rejects there, then it could retrace a minimum of 38% to 61% with a three-wave structure. Alternatively, if the market sustains or breaks the 38% level, then the pullback will likely continue and it may reach a minimum of 22,251 to the Fibonacci level of 50%.
NSE:NIFTY
by Manickamtraders
13 May 2024– 310pts intraday bounce, stance changed to neutralNifty Analysis - Stance Neutral ➡️ Recap from yesterday: "On the 63mts TF, the bearishness continues. The next target of 21913 is still in our watchlist and if we fall below that - the real action begins." The day took me by surprise, not with the inline opening and a 248pts ~ 1.12% downward fall, but the reversal of 310pts ~ 1.42%. The downside was in the cards, if you had read the previous day's post mortem report - you would have subscribed to those views. And once again we broke the 21913 support, but gave it away real quick. The recovery was more than fast and furious, it even took out the 22051 resistance level. This nudged me to change the stance from bearish to neutral just for tomorrow. On the higher time frame, I still cannot believe the reversal came from a technical perspective. Most likely the source seems like a news/event, did not find time to scan it as was busy with my Bday plans. The Algos shows a profit of 10327 INR, but the actual results were negative, I guess it had to do with some wild swings that we had in between & due to slippage in bid/ask spread.
NSE:NIFTY
by viswaram
Nifty closed above Day's High amid Volatile session Market showed reversal from day's low, after witnessing selling perssure from past few session. The Index formed a Hammer pattern on the daily chart, The imp hurdle is placed at 22,200... if sustains above the resistance level, more recovery could be possible towards next level Whereas imp support is placed around 21950 zone. However in case of Bearish Pattern at higher levels, the index can come back to prev week range Keep Tracking Charts *For Educational Purpose Learn & Practice Price Action setups
NSE:NIFTY
by Himanu_HATradeTalk1
Nifty & Bank Nifty Analysis For 14 May 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.
NSE:NIFTYLong
by TheStockMantra
Nifty50 Support And Resistance 14-May-24Please find below simple resistance and support: Resistance: 22132 If crossed up then will see upward move: TGT: 22338 (1 small hurdle at 22186) Support: Trendline support although 21934 If crossed down then will see downward move: TGT: 21820 This is only for education purpose. Do your own research before investing or trading. I AM NOT SEBI REGISTERED ANALYST, SO BEFORE TAKING ANY DECISION CONSULT ANY PROFESSIONAL. We Strictly Recommend You Not To Make Any Decisions, Financial, Investments, Trading, Or Otherwise. Please Understand That Using This Information Would Be Totally At Your Own Risk. **************************************************************************** 𝐃𝐈𝐒𝐂𝐋𝐀𝐈𝐌𝐄𝐑: We/I are not 𝐒𝐄𝐁𝐈 ( Securities and Exchange Board of India ) Registered. The Information Provided Is For Educational & Instructive Purposes Only. Our Intention Is Not To Provide Any Financial Advice, Investment Advice, Training Advice, Or Any Other Advice. This Is General Information And Is Not Explicit To You Or Anyone Else. Without The Consultation Of Any Professional, We Strictly Recommend You Not To Make Any Decisions, Financial, Investments, Trading, Or Otherwise. Please Understand That Using This Information Would Be Totally At Your Own Risk. Do Not Take Any Action Unless You Are Set Up To Continue An 'All Out Misfortune " or "Total Loss". Your Misfortune Could Incorporate Cash You Contributed Just As Commissions And Exchange Charges
NSE:NIFTY
by solitaryverma
NIFTY Intraday Trade Setup For 14 May 2024NIFTY Intraday Trade Setup For 14 May 2024 Bullish-Above 22150 Invalid-Below 22100 T- 22430 Bearish-Below 21820 Invalid-Above 21870 T- 21600 NIFTY has closed on a positive note with 0.22% gain today. Index respected the lower trendline of the channel being followed in daily TF. Index has formed a Pinbar candle which indicates a potential reversal in the short term. Tomorrow above 22140 there can good upside move and 61.8% retracement will be initiated. Important resistance lies near 22425-50.Bears will take a grip below 21930. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 22150 then we will long for the target of 22425-50. For selling we need a 15 Min candle close below 21800. T- 21600. 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.
NSE:NIFTY
by Omahto
#Nifty direction and levels for May 13th.Good morning, friends! 🌺🍬 Here are the directions for May 13th: The global market still maintains a moderately bullish sentiment (based on the Dow Jones), while our local market sentiment indicates a bearish trend. It might open with a neutral to slightly gap-down start, as suggested by GiftNifty, showing a decrease of -20. >Nifty had consolidated after the sharp correction. GiftNifty indicates a slightly gap-down start, so it may open negatively. After that, if it takes a pullback initially, it might reach 50 to 61% in the upside fib levels. Because, as per the wave structure, a pullback has a three-wave structure, but there are only two waves formed. So, we can expect an initial pullback. However, if it finishes the three-wave structure, the major trend (correction) will continue. That means, after that pullback, if it rejects around the 50 or 61% fib level, then it may turn into a correction phase. Note- Alternatively, if it breaks or sustains around the fib level 61%, then the pullback will continue further. Alternate variation - if the gap-down sustains, we can expect correction continuation that will reach a minimum of the demand zone to the swing low (21777). Structurally, it could be in sub-wave 5th, so the correction may take less volume.
NSE:NIFTY
by Manickamtraders
Nifty Support & Resistance Levels for 13.05.2024Nifty found support within the previously mentioned zone, prompting a modest rebound. However, caution prevails as the market appears to be adopting a "Sell on Rise" stance at present. The nearest resistance is expected between 22148 and 22187, with further resistance observed at 22244 to 22369. Meanwhile, the nearest support remains unchanged from the last post, ranging from 21850 to 21937. Additionally, a significant Fibonacci level at 61.8%, corresponding to 21770 (from the low of 21137 on 24.01.2024), serves as a far support level. Traders are advised to stay attentive to market movements amidst this cautious environment.
NSE:NIFTYShort
by PriteshPal
Nifty montly chart analysis for Month of April 2024.Nifty is around the ATH and there is profit booking at the higher levels. The market is spending time near the high and last week too it has test the ATH. Seller are there in the higher levels and closing of the weekly candel is dicey. Higher time frame is showing some RSI bearish divergence and market is forming grave stone doji on the daily charts. Monthly charts has not formed a red candle still and is forming doji after doji which still shows no clear bearish indication. But the price is trading on the higher levels of the bollinger band. Market participants be cautious as there seems to be a bearish month ahead. This being the election year may remain volatile till the election results. Spike may be seen in this month or the next one either side. Trend is still bullish and doji on the higher levels may indicate a reversal after a price action formation. This month was a volatile one and market didn't settle either side. There was days when market has moved more than 400 points. Last day move, is the only trending move in last 2 weeks, closing 180 points lower from the day high. Price action is needed to be formed around the higher levels on higher time frame to confirm the trend.
NSE:NIFTY
by Mambotrade