Nifty Positional Trade Setup!Strong Support Zone - 23300 If Nifty Closed Below 23300 Daily Basis, Deploy Fresh Short Positions With Stop - 23450, For Target - 22600.
Niftyprediction
Double Bottom Alert: NIFTY 50’s Turning Point? The NIFTY 50 is approaching a crucial technical zone, hinting at a potential reversal with a double bottom formation in play. Will the bulls seize this opportunity to rally, or will the bears maintain their grip?
Key Points:
1. Resistance Zones:
- 23,758.05
- 23,647.05
- 23,570.60
- 23,458.50
2. Support Levels:
- 23,268.75
- 23,153.60
- 23,037.15
3. Current Setup:
The NIFTY 50 is hovering near a critical double bottom area, a historically strong reversal pattern if validated. The price action suggests a cautious optimism, with significant resistance levels overhead. A breach of these levels could signal a breakout, while a failure to hold support may lead to further downside.
How to Trade This:
- Bullish Strategy:
Enter long above 23,458.50, targeting 23,647.05 and 23,758.05. Use 23,268.75 as a stop-loss.
- Bearish Strategy:
Enter short below 23,153.60, aiming for 23,037.15 and 22,900. Place a stop-loss above 23,268.75.
Bottom Line:
The double bottom pattern indicates a potential turning point for NIFTY 50. However, confirmation of a breakout above resistance is key for bullish momentum. Watch the support zone closely for invalidation signals.
NSE:NIFTY
Only for educational purposes.
This content is not a recommendation to buy and sell.
Not SEBI REGISTRAR.
Nifty Trading Strategy for 13th January 2025Nifty Trading Strategy
Buy Strategy:
Entry Point: Buy above the high of the 15-minute candle that closes above 23,577.
Targets: 23,630, 23,680, 23,720
Sell Strategy:
Entry Point: Sell below the low of the 15-minute candle that closes below 23,340.
Targets: 23,297, 23,240, 23,180
Disclaimer:
I am not SEBI registered. This strategy is based on historical data and technical analysis. Past performance is not indicative of future results. Trading involves risk, and you should only invest money that you can afford to lose. Always conduct your own research or consult with a financial advisor before making any trading decisions.
Nifty 50 support zoneNifty support zone 22600 levels if nifty breaks 23000 levels. A huge open interest in the 23000 put options in the current expiry. So, please be careful in next week's trades. Good luck.
NIFTY Analysis for Monday trade setup with Support & Resistance.Nifty 50 Analysis
There is a possibility that we open a little or more gap down may be around 150-200 points. So we have to decide how to plan further.
Two possibilities from here
1. We break down and see big sell off up to 150-200-300 points.
2. We may see bear trap and move
upward if sustain above previous low.
Nifty weekly analysis for 13/01/2025.The weekly charts of the index is looking bearish as the market has closed around the 50 EMA.
A strong support around the 23400 levels is there. The support has been tested 2-3 times and it is weakening the levels.
If the support levels is breached it can test the lower support level of 22k.
Sell on rise the market is there. On daily charts market has reversed from the levels but bullish trades can only be trade once the previous resistance level is taken out.
Major levels
Support :- 22340, 22650
Resistance :- 23750, 24175
Wait for the price action near the levels before entering the market.
Nifty key levels for 13.01.2025Nifty key levels for 13.01.2025
If Nifty breaks the upper or lower range, we can expect momentum. The consolidation zone will be favorable for option sellers, while a breakout on either side will benefit option buyers.
Disclaimer:
These views are purely educational in nature. You are solely responsible for any decisions made based on this research.
Nifty - Inverted Cup & HandleNifty is creating a bearish Pattern,
Breakout Point is below 23260 level, a bounce should be seen till 23800-900 max from here.
Sell on Rise
NIFTY ready for the Bullish moveLooking at the structure nifty is ready to move to upside if it breaks the 200 EMA to upside and have some consolidaion with that.
Important levels: 23364, 23507
Support levels: Resistance chanel, 200 EMA
Plan of action:
wait for market to break the 200 EMA and retrace to the channel.
Nifty Trading Strategy for 10th January 2025Nifty Trading Strategy
Key Levels:
Buy Above: The high of the 15-minute candle that closes above 23,660
Sell Below: The low of the 15-minute candle that closes below 23,490
Targets:
Upside Targets: 23,710, 23,760, 23,808
Downside Targets: 23,450, 23,410, 23,350
Strategy Details:
Buy Signal: Enter a buy position above the high of the 15-minute candle that closes above 23,660, aiming for targets of 23,710, 23,760, and 23,808.
Sell Signal: Enter a sell position below the low of the 15-minute candle that closes below 23,490, aiming for targets of 23,450, 23,410, and 23,350.
Stoploss: Always 50 point stop from the entry price.
Trailing Stop-Loss: Use a trailing stop-loss to manage risk and protect your capital.
Book Profits: Regularly book profits at the specified resistance and support levels.
Disclaimer:
I am not SEBI registered. This strategy is based on historical data and technical analysis. Past performance is not indicative of future results. Trading involves risk, and you should only invest money that you can afford to lose. Always conduct your own research or consult with a financial advisor before making any trading decisions.
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
Buying in ITC for small targetThe ITC 75-minute chart forms a Terminal Impulse.
There is a good buying opportunity near the 440 and 445 price zone.
Strict stoploss below wave 2 which is below 432 level.
The target for wave 5 will be 470.
This analysis is based on Elliott Wave theory and Fibonacci.
Please always do your research before you take any action.
For educational purposes only.
NIFTY 23200! BE READY To Sell??????As per my analysis that nifty will reach the 23200 by Friday or Monday.
So look for sell at the appropriate levels.
Price action showing lot's of bearish so nothing more.
Learn to analyse by yourself.
Nifty key levels for 10.01.2025Nifty key levels for 10.01.2025
If Nifty breaks the upper or lower range, we can expect momentum. The consolidation zone will be favorable for option sellers, while a breakout on either side will benefit option buyers.
Disclaimer:
These views are purely educational in nature. You are solely responsible for any decisions made based on this research.
HDFC Bank Update Traders are wondering how much further HDFC Bank can fall. Here's a potential reversal zone to watch:
📍 16,650 - 16,620
This level could act as a liquidity trap for sellers, sparking a short-term reversal.
⚠️ Stay cautious & trade wisely.
#HDFCBank #StockMarket #TradingTips #TechnicalAnalysis #ReversalZone #LiquidityTrap #IntradayTrading
Nifty Hourly Projections | Elliott Wave | Levels Nifty is been complex correction and completed wave B/X at 24226 as we expected in last idea.
Right it is in wave C/Y or Flat B can also in progress. It leaves to two most possible scenerio:
1: if it crosses yesterday high 726 then we will lightly long towards fib levels as shown in chart for 23775, 861, 944.. trailing basis.
2: bearish side can be risky if entered early, better to watch till it breaks 23496 then short for atleast 425.. need to observe near 425 since if it rare case of ending diagonal then it might reverse gain for short duration.
Below 425 we will trail till 350-300 as final destination for this swing.
NIFTY Recovery Outlook 2025-2026 Short-term dip: Nifty may drop 17.35% before stabilizing.
Gradual recovery: Recovery starts around Sep 2025, progressing slowly.
Long-term caution: Poor economic recovery limits upside potential.
Policy impact: Fast growth policies could boost recovery; delays worsen outcomes.
Critical phase: Sep 2025–May 2026 is key for market stabilization.
Nifty key levels for 09.01.2025Nifty key levels for 09.01.2025
If Nifty breaks the upper or lower range, we can expect momentum. The consolidation zone will be favorable for option sellers, while a breakout on either side will benefit option buyers.
Disclaimer:
These views are purely educational in nature. You are solely responsible for any decisions made based on this research.
NIFTY Intraday Trade Setup For 9 Jan 2025NIFTY Intraday Trade Setup For 9 Jan 2025
Bullish- Above 23800
Invalid-Below 23750
T- 24055
Bearish-Below 23490
Invalid-Above 23540
T- 23250
NIFTY has closed on a flat note today. It gave a 2 way move in intraday. Sell trade did not go in favor, sl was hit. It has formed a Pinbar candle in daily TF. Above its high there can be a short covering move. However 23800 is key level in hourly TF. 23490 is rejection candle's low so below this there can be panic selling once again.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 23800 then we will long for the target of 24055.
For selling we need a 15 Min candle close below 23490. T- 23250.
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 analysis for 09/01/2025.Nifty is trading around the major support zone and today it has formed a hanging man candle near the support.
On the daily charts, there is a dual support i.e. 200 EMA and a support zone.
A Head and shoulder Pattern is also being formed in charts. If the pattern is confirmed a good bearish move can be seen in the Indian market.
Bullish trades can only be initiated only when there is a confirmation pattern near the support
Major support zone :- 23146-23500
Resistance levels :- 23675, 24000
Wait for the price action near the levels before entering the market.
Nifty Direction Expecting Nifty to run bayside and fall towards 23682 to clear out any sell side present.
Bias is bearish... can run first and then seek lower hence wait for a run on bayside before going short... will try and update my live scalp tomorrow
Nifty key levels for 08.01.2025Nifty key levels for 08.01.2025
If Nifty breaks the upper or lower range, we can expect momentum. The consolidation zone will be favorable for option sellers, while a breakout on either side will benefit option buyers.
Disclaimer:
These views are purely educational in nature. You are solely responsible for any decisions made based on this research.
Nifty Intraday Trade Setup | 7th January 2025Nifty opened with a minor gap-up, didn't sustain above our buy level 24055 and broke our sell level 23920 on the downside. Nifty made a low around 23550 and we saw good downside move today.
Tomorrow, Buy Nifty if sustains above 23660 for the targets of 23710 and above marked level. On the other side, Sell Nifty if sustains below 23550 for the targets of 23490 and below marked level on the chart.
Expectations: Volatile day
Intraday Levels:
Buy Above - 23660
Sell Below - 23550
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
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