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Niftyprediction

Nifty Intraday Prediction Levels for 10 May 2024The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price. These are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone or break down and close below the Support zone. These levels act as support and resistance. You have to trade according to level breakout or breakdown. To buy or sell you can follow Buy/Sell Indication given by indicator or you can follow cloud also. If you are a new trader then just watch (No Trade) these levels for some days. Happy trading. Disclaimer: I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult with your Financial Advisor before taking any decision or trade.
NSE:NIFTY
by suraranjanganguli
Nifty formed a long Bearish candle on Weekly Expiry DayNifty continued with more correction on thursay expiry session The index after breaking the support of 22200 in 1st half, witnessed more correction in last hours to slip below imp 22k zone The Index has also come in oversold zone, a pullback in the market is possible But until Nifty closes above 22500 level, selling pressure may come from upper levels From here, upside hurdle is placed at 22,200 & Imp support is placed at 21,800 *For Educational Purpose
NSE:NIFTY
by Himanu_HATradeTalk1
09 May 2024 - The decision to stay Bearish paid off handsomely🐻Nifty Analysis - Stance Bearish⬇️ Recap from yesterday: "On a closing basis, N50 finished the day above 22295 at 22302. Ideally, I should change the stance from bearish to neutral, but let me give the benefit of the doubt to the Bears for one more day." If you look at the horizontal lines, it may appear like I drew them today after the Nifty's move. Thankfully many of my readers know pretty well that these lines were drawn way back and somehow the support/resistance levels look magically working. Nifty opened below the 22295 level, closed the gap, and then started falling. The first candle gave the impression that N50 would stay neutral today, but after the 3rd candle, things were looking quite resourceful for the Bears. Even then, I never thought we would fall 345 points today, the max target I had in my mind was to retest the 22051 levels and then settle there. 22051 SR zone is shown in the 2nd blue highlight. From 12.51 to 14.31, N50 spent its time there before breaking down. The next major support was at 21913, but we did not go there thankfully. On the higher timeframe, N50 has made a massive double top, see the black dotted line. If it materializes, it could even be a real shocker to the bulls out there. Just like we discussed this week, if 21913 is getting taken out, the inverse H&S pattern will get negated. I am not really sure how my algos are minting money. The strategy I have is straddles and ideally in trending markets, I should be losing - maybe it has something to do with the unusually high VIX.
NSE:NIFTYShort
by viswaram
Nifty Institutional Levels | Demand & Supply | INTRADAY 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
Nifty50 Support And Resistance 10-May-24Please find below simple resistance and support: Resistance: 21915 If crossed up then will see upward move: TGT: Support: 21783 If crossed down then will see downward move: TGT: 21812 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 directions and levels for May 9th.Good morning, friends🌺🍬! Here are the directions for May 9th: Still, the global market maintains a moderately bullish sentiment, while our local market sentiment indicates a moderately bearish trend. It might open with a neutral to slightly gap-down start, as suggested by GiftNifty, showing a decrease of -15. Nifty had a solid pullback after the minor correction in the previous session, but it didn't sustain. This structure suggests that even if the market opens with a gap down, if it takes a pullback initially, then we can expect a 50 to 61% Fibonacci level pullback with minor consolidation. This is also applicable in a gap-up situation. Alternatively, if the gap-down breaks the previous bottom, then the correction will likely continue with minor consolidation. Note: one more thing, there is a 38% Fibonacci level support. Structurally, the market may consolidate over there, but it won't sustain. But, if the first stock experiences a sharp rejection, it may turn into a bullish sentiment.
NSE:NIFTY
by Manickamtraders
4
Nifty Support & Resistance Levels for 09.05.2024Nifty ended the day at the same levels as yesterday, at 22302.50. The closest support or demand area lies between 22102 and 22179, while a bit further down, another support zone ranges from 21850 to 21937. On the other hand, the nearest resistance zone is between 22444 and 22494, with a more distant one stretching from 22755 to 22794. Traders will be watching closely to see how Nifty responds to these levels, which could influence market direction for the day.
NSE:NIFTY
by PriteshPalan
Nifty Intraday Prediction Levels for 9 May 2024The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price. These are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone or break down and close below the Support zone. These levels act as support and resistance. You have to trade according to level breakout or breakdown. To buy or sell you can follow Buy/Sell Indication given by indicator or you can follow cloud also. If you are a new trader then just watch (No Trade) these levels for some days. Happy trading. Disclaimer: I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult with your Financial Advisor before taking any decision or trade.
NSE:NIFTY
by suraranjanganguli
Nifty Intraday Prediction Levels for 8 May 2024The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price. These are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone or break down and close below the Support zone. These levels act as support and resistance. You have to trade according to level breakout or breakdown. To buy or sell you can follow Buy/Sell Indication given by indicator or you can follow cloud also. If you are a new trader then just watch (No Trade) these levels for some days. Happy trading. Disclaimer: I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult with your Financial Advisor before taking any decision or trade.
NSE:NIFTY
by suraranjanganguli
08 May 2024 - Nifty defends 22295, but not going neutral yetNifty Analysis - Stance Bearish⬇️ Recap from yesterday: "Also in the 63mts TF we did not really break it, if you are a conservative trader, it is a good idea to wait for one full candle to form below 22295." Today the entire action was around the 22295 levels. The open was a gap down and N50 spent time till 11.47 underwater. The 22295 level was broken by 12.07 and we went up 183pts ~ 0.83% from the intraday low to the intraday high. The upside was limited and we started falling. Two RED candles i.e. 13.35 & 13.47 stood out which brought N50 back below water. On a closing basis, N50 finished the day above 22295 at 22302. Ideally, I should change the stance from bearish to neutral, but let me give the benefit of the doubt to the Bears for one more day. We did not get a full candle below 22295 on the higher TF. If we do not break 22295 in tomorrow's session, I may be inclined to change the stance back to neutral. Nifty algos made 15052 INR today. MTM went into losses between 12.22 to 13.00 - but the system recovered well in the later part of the day.
NSE:NIFTYShort
by viswaram
IS THERE SOMETHING THAT WE DO NOT KNOW?!Two most popular names under Modi regime are forming bearish patterns. Obviously we are over 25 days away from results. Maybe there is some smart money play here and this fall is to trigger retailers to sell and they make their long positions here. I have already shared about a possible double top on Nifty. Breakdown is far away. Why I feel this is more of smart money play because markets have fallen in decreasing order on all three poll dates so far. Will not be shocked if we see a pattern. They are active, it's visible as Nifty closed point to point there where it closed yesterday. 0.00 points move. Markets are forward looking but isn't it just too early as elections have just reached halfway mark. NSE:RELIANCE has broken down and even re-tested, bouncing off a support, will be exciting to see how it next week. NSE:ADANIENT has also broken down. It is really going to be very exciting to see where these stocks head from here and how will the Nifty perform.
NSE:ADANIENT
by Abhyuday01