27th Sep 2024 - Nifty went up 356pts ~ 1.38%, dream run continueNifty Stance Bullish ️⬆️
The dream run continues, Nifty goes up 356pts ~ 1.38% this week. Seems like there is nothing that can stop this bull run. I guess, the bull market will only end until the last of the bears turn bullish.
Even though we closed slightly red on Friday, the call options premiums were pricing further upside, and the put options decayed so badly that ensured the short sellers got nothing. The current dream run started on 16th Aug and we are up 1934pts ~ 7.98%. Nifty has been a huge wealth creator for investors.
30th Sep 2024 will be the most critical day in the history of futures and options. After its meeting, SEBI will decide what the revised margins for options trading will be. Meanwhile, the revised STT and charges go live on October 1st.
Our stance remains bullish until 25979 is broken, below which we will go neutral.
Niftyprediction
Short Term Trading Idea in V-Mart Retail for 15% UpsideHi,
NSE:VMART has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on Daily, Weekly and Monthly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
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Disclaimer: Please consult your financial advisor before making any investment decision.
Nifty 30K: in 2024 or 2025?Hello guys here is a bullish view and some technical analysis on nifty50.
As per the trend, we can see that a bullish pattern has been formed in the nifty chart, and if we consider that it will go up the same as its previous leg the target is coming near 30k
so whoever is thinking that it is taking time to bear please have some more patience guys and be with the trend, you never know how long this rally can be continued
In my view, global investors have to make positive and huge returns to maintain their fame and positive return cycle year after year, and right now apart from India, there is no country in place for these types of investors and market players.
Also as we can see per capita income is growing in India and as per that consumption will also grow eventually that will lead to industrial profit growth and compounding profits will lead the market to a higher and higher position surely there will be a fast correction in nifty for about 15-20% also but that will be a buying opportunity.
for the next 20 years, India is still going to see a huge rally or I can say an upward journey so be with trend long term investors and for short term traders wait for the levels and pattern to confirm that we are heading downwards.
NIFTY Intraday Trade Setup For 30 Sep 2024NIFTY Intraday Trade Setup For 30 Sep 2024
Bullish-Above 26280
Invalid-Below 26230
T- 26460
Bearish-Below 26150
Invalid-Above 26200
T- 26000
NIFTY has closed on a bullish note with 1.5% gain last week. We have been following buy on dips in intraday since a long time. But now I feel that it is going to change very soon due to stretch. If daily candle closes below PDL then sentiment will reverse and profit booking can be triggered. 26280 and 25150 are intraday levels for Monday to look for breakout.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 26280 then we will long for the target of 26460.
For selling we need a 15 Min candle close below 26150. T- 26000.
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.
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#Nifty directions and levels for September 27th.Good morning, friends! 🌞 Here are the market directions and levels for September 27th.
Market Overview:
There have been no significant changes in the global and local markets; both maintain a bullish bias. Today, the market is expected to open neutral to slightly negative, with SGX Nifty indicating a negative of around -20 points as of 8 AM.
In the previous session, the market had a minor movement in the second half. Structurally, it still maintains a bullish bias. So even if the market starts negatively today, the bullish momentum might continue. However, if the initial market declines sharply, we should follow that; let’s look at this in the charts.
Nifty and Bank Nifty both share the same sentiment.
Nifty Current View:
The current view indicates that if the market opens with a gap-up or if the initial market takes support around the Fibonacci level of 38%, then the rally will continue if it breaks the previous high. Until then, it could consolidate between the previous high and the Fibonacci level of 38%. This is our first scenario.
Alternate View:
The alternate view suggests that if the initial market breaks the Fibonacci level of 38% solidly, then the trend will turn into a minor correction phase. If this happens, we can expect correctional targets between 50% and 78% in the minor swing.
NIFTY Intraday Trade Setup For 27 Sep 2024NIFTY Intraday Trade Setup For 27 Sep 2024
Bullish-Above 26270
Invalid-Below 26220
T- 26460
Bearish-Below 26080
Invalid-Above 26130
T- 25900
NIFTY has closed on a bullish note with 0.81% gain today. Buy triggered as per trade setup above 26050 and trade went in favor to hit the target of 26200. Everyday it is being said that one needs to follow buy on dips approach till index is closing above previous day low. Be alert for sentiment reversal only when index closes below PDL in daily TF however index looks stretched.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 26270 then we will long for the target of 26460.
For selling we need a 15 Min candle close below 26080. T- 25900.
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 MATHEMATICAL LEVELS FOR THIS WEEKThese 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 Levels | 26-SEP-2024This trading strategy focuses on scalping Nifty options based on institutional support and resistance zones and executing trades using order flow data. Here's a quick summary of the key points:
1️⃣ Zones to Focus on:
👉Green Zone: Represents institutional support.
👉Red Zone: Indicates institutional resistance.
👉Gap Between Zones: Typically ranges from 100-200 points.
👉Zone Creation: Uses pivot points and Fibonacci levels.
👉Price Action: An advanced version for refined entries and exits.
👉Chart Reference: Trades are executed based on the Nifty futures chart.
2️⃣ Trade Execution:
👉Order Flow Data: Trades are triggered by tracking the market's order flow.
👉Timeframes: Focus on the 1-minute and 5-minute charts for quick scalps.
👉Risk-Reward Ratio: Strict 1:2 (Risk 1 to gain 2).
👉Strike Price: Target at-the-money (ATM) or slightly in-the-money (ITM) options.
👉Position Sizing: Customize based on personal risk tolerance.
3️⃣ House Rules:
👉Sharp Execution: Be ready at 9:15 AM for market open.
👉Risk Management: Always a priority.
👉Quick Trades: Fast execution "morning breakfast".
👉Strict Stop-Loss: Set at 10 points to limit losses.
This method is well-structured for traders who prioritize risk management and quick scalping opportunities in the Nifty market.
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#FocusedScalping #RiskManagement #NiftyOptions
NIFTY Intraday Trade Setup For 26 Sep 2024NIFTY Intraday Trade Setup For 26 Sep 2024
Bullish-Above 26050
Invalid-Below 26000
T- 26200
Bearish-Below 25870
Invalid-Above 25920
T- 25680
NIFTY has closed on slight bullish note with 0.25% gain today. Buy on dip approach is still going on. One should follow the same with bullish reversal setup in 5 MIN TF. Also it is valid till index is closing above PDL. If a daily candle closes below PDL then index sentiment will change to bearish and can trigger a profit booking. 26050 and 25870 are intra levels for tomorrow.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 26050 then we will long for the target of 26200.
For selling we need a 15 Min candle close below 25870. T- 25680.
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 Intraday Trade Setup For 25 Sep 2024NIFTY Intraday Trade Setup For 25 Sep 2024
Bullish-Above 26020
Invalid-Below 25970
T- 26200
Bearish-Below 25880
Invalid-Above 25930
T- 25680
NIFTY has closed on a flat note today. It took resistance at 26k level and that acted as ceiling whole day. It has formed a shooting star candle in daily TF so below its low we can expect a profit booking and in that case it can test 25670 which is a strong support as per Fib retracement. Above 26020 tried sellers will give up and 26200 can be approached.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 26020 then we will long for the target of 26200.
For selling we need a 15 Min candle close below 25880. T- 25680.
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 Intraday Levels | 24-SEP-2024#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)
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NIFTY Intraday Trade Setup For 24 Sep 2024NIFTY Intraday Trade Setup For 24 Sep 2024
Bullish-Above 25960
Invalid-Below 25910
T- 26200
Bearish-Below 25780
Invalid-Above 25830
T- 25540
NIFTY has closed on a bullish note with 0.57% gain today. It was less volatile than last session with firmly bullish sentiment. Index is at a striking distance to 26k. Possibility of crossing the same is high and next possible resistance lies near 26200 zone. 25780 will be a good support and an important level for opening downside move.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 25960 then we will long for the target of 26200.
For selling we need a 15 Min candle close below 25780. T- 25540.
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.
SUNTV | Head & shoulder + Cup & handle Trapping ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
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Nifty looks solid till 27kNifty another rising wedge breakout with good follow through today confirming the breakout.
Low probity event where both bulls and bears are trapped out due to a rising wedge upside breakout . Approximate target would be the height of the rising wedge pattern which takes us to 27,000 - 27,200 levels.
#Nifty Directions and Levels for the Last Week of SeptemberNifty and Bank Nifty Directions and Levels for the Last Week of September
Global Market Overview:
In the previous week, the global market continued to rally solidly. Structurally, it indicates a bullish bias. This week, we can expect some continuation of the rally along with potential consolidation. In the meantime, there are some important events that we should pay attention to.
Our Market:
Our market also continued the solid rally. Structurally, it indicates a bullish bias; however, the structures differ between Nifty and Bank Nifty. If we look at the price action, both are exhibiting a strong bullish trend. However, when comparing the wave counts, Nifty is progressing through its 5th sub-wave, while Bank Nifty is currently in its 3rd sub-wave.
How can we interpret this sentiment? Typically, this kind of sentiment leads to consolidation. For example, once Nifty finishes its 5th wave, it could experience a sharp correction. At that time, Bank Nifty might undergo a 4th wave, which is a consolidation wave, so we wouldn't expect much correction in that scenario. Once Bank Nifty completes its 4th wave, the 5th wave could resume a bullish bias, during this time, Nifty likely wouldn't continue its correction.
On the other hand, if Bank Nifty dominates the market (meaning the 3rd wave extends further), we cannot expect a correction in Nifty. It may seem a bit complicated, but in simple terms, we can anticipate consolidation where the market could either face rejection or experience a significant breakout.
#Nifty
Current View:
If the market breaks the previous high, we can expect the next target to be 26,034. This is a crucial level. If the market faces rejection there, we can expect a correction between 61% to 78% of the minor swing. However, confirmation of a correction will only be valid if the market breaks the 38% Fibonacci level. Until then, the market remains bullish.
Alternate View:
The alternate view suggests that if the market does not face rejection or consolidates instead, the rally is likely to continue to the level of 26,273.
nifty plan for next move will it crash 2025 to 2030?as you can see on chart history repeats all the time same patterns so plan for your growth and expect for a crash on those levels as history made before
wait for the crash
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Note :
⨻ Check the live market updates and analysis yourself before buy or sell.
⨺ Am not giving any advisory or signals its just my idea for upgrade my knowledge in trading for myself
⨹ This is my pre and post market analysis and my trading journey. Not a suggestion to buy or sell.
⫸ You are responsible for your trading not me ⫷
happy trading 🥰
20th Sep '24 - Last week's stance change paid off, Nifty up 1.9%Nifty Stance Bullish ️⬆️
Back-to-back 1.9% weekly moves, Nifty moves an astonishing 953 points over the last 2 weeks. There is nothing that could possibly stop this train.
What is more interesting is that 100% of this move came on Thursday + Friday, till then Nifty was flat and would have given the impression that the week may be going sideways. The good thing is that we started the week with a bullish mindset, ensuring we did not run into losses, unlike many professional traders who lost a lot on Friday alone.
The losses on Friday for those who traded Sensex were because of the 1.3% sudden move that came in a range of 8 minutes, it really looked inorganic and manipulative. These days, it is quite easy to predict when the HFTs are gearing up to deploy their stop loss hunting, the wiser strategy is not to play.
For the next week also, we wish to maintain the bullish stance and would like to switch back to a neutral stance only if we drop below 25528.
#NIFTY50 #ANALYSISNIFTY 50 INDEX will do one last up marked by a trend line in the form of rising wedge. Possible zone 25400-25600. It can do directly or can go by one dip but it will fast so as to trap more & more retailers on the way. Below is the marked RSI trend line which can give the idea of top as well as we are running divergent. Closing below 25700 level view in invalid.