Niftyshort
IS NIFTY HEADING TOWARDS 22600? 2000 POINTS CRASHWe saw a 1000+ fall in Nifty from it's ATH 25078 to 23893 last week and Nifty is taking support from 23900 - 24000 levels which can be considered a retracement for previous fall.
We expect to see another leg of selling from 24420 - 24700 zone and Nifty can go towards 23700, 23100 and final target will be 22600 until Nifty hits 25301 on upside.
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InvestPro India
Nifty Trade Setup: Wave 4th Selling Opportunity, 1:7 RR Nifty Wave Analysis: July 18th 2024
Nifty is going up in extension after the June 4th crash. It clearly looks like Wave 3, and Wave 4 is about to begin.
Short Entry : 24587
Stop Loss : 24680
Expected Destinations:
23862 (23.6%)
23370 (38.2%)
And max 50%
Wave 4 could be a sharp correction, but we can't ignore the possibility of a time-wise correction. Therefore, selling monthly CE with a hedge is safer or Short Nifty Future.
Disclaimer: This is for educational purposes only and not for trading. Please do your own analysis before making any decisions.
Is NIFTY 50 truly at an all-time high?When we evaluate the NIFTY 50 in relation to gold, the picture becomes less rosy. The NIFTY 50 hit its relative peak around March 24, after which gold has been consistently outperforming it. Adding to the concern, a death cross formed in mid-April, and on July 5th, NIFTY 50 broke down below the 30-day simple moving average (SMA).
This begs the question: Is NIFTY 50 truly at an all-time high?
Bull Run Over? Will Nifty Return to 19K? | Nifty50 Wave AnalysisWave has already shared the Nifty wave counting (2020-24) earlier. Please refer to the following links:
Nifty Elliott Wave Analysis 2020-24 With Subordinates Counting
Strong Wave 5th is Happening: Nifty Wave Analysis in DTF
The big wave 5th of the impulse, which started from the 2020 COVID bottom, has hit 261.8%, and we have to go for a degree correction.
Three possibilities:
1. Rally Continues : Wave 5th can go in extension further if Nifty can sustain weekly candles above 24,127. It can hit 26,000, but the possibilities are very low due to many factors like divergences, Ichimoku gaps, Yearly CPR etc.
2. Time-wise Correction: Nifty can stay in a big range (4,000-5,000 points) for one or two years.
Who can benefit from this? Option sellers, for sure.
3. Price-wise Correction: Nifty can see a sharp fall to the demand zones we mentioned.
Who can benefit from this? Option buyers, directional options and future sellers.
Note: Edge is compulsory for any trades to avoid unexpected events since it's going to be a positional trade.
Entry Points:
Current Market Price is 24,302, and a 1-hour candle close below 24,170 is our short entry.
Stop Loss:
The safest SL is 24,610, but if this SL is too big for swing/intraday traders, they can keep the stop loss above 24,450.
Targets:
We have mentioned three demand zones in the chart based on Fibonacci retracement:
First Demand Zone: 22,000-22,500
Second Demand Zone: 20,030-20,960
Third Demand Zone: 18,000-18,500
Intraday Trade Setup For Nifty 1st JulyTime 7:56 AM 1st July 2024
Reasons for Shorting Nifty today:
1. Wave Analysis - Shorting based on wave counting
2. Ichimoku - Given a sell signal in 15min TF
3. Broke Support Trendlines
4. Risk to Reward in great
5. MACD bearish divergence in 1hr TF
Options Selling: ATM CE selling with OTM CE edge is best for this trade. (or future sell with edge)
We wait for the entry if it doesn't trigger then we avoid the trade.
Disclaimer: We are not SEBI registered. The content presented here is based on our personal opinions. Conduct your own research and consult with a qualified financial advisor before making any investment decisions.
1:5 RR Trade: Sell Nifty below 23877 with SL 24120, Tgt 22670Based on Wave Analysis and the Ichimoku 1-Hour Time Frame, we have a good short opportunity with a very small stop loss.
Time: 12:52 PM, June 27th, 2024
Current Market Price: 24,024
Why Short Entry at 23,877?
Wave Analysis: Nifty has completed waves 1, 2, 3, 4, and 5. Wave 5 hit 127% today at 23,899 and touched the 24,000 psychological mark. We will have the first sign of confirmation if Nifty drops below 23,898 and sustains this level for 1 hour. It has to go for a correction. We will be wrong if Nifty crosses our stop loss after the entry is triggered.
Trendline Breakout: When Nifty breaks 23,877, we will have a trendline breakout, which will be our second confirmation for short positions.
Selling call options or selling Nifty futures with a monthly OTM CE hedge is a good option.
We will keep updating more in the update section.
Disclaimer: We are not SEBI registered. The content presented here is based on our personal opinions. Conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Nifty Positional Short Activated with Small SLWe are expecting Wave C and the targets mentioned in the chart.
- Selling July Nifty Future (CMP Jul Fut - 23685) with July Month ITM CE Edge is safe.
Disclaimer: We are not SEBI registered. The content presented here is based on our personal opinions. Conduct your own research and consult with a qualified financial advisor before making any investment decisions.
NIFTY 50 SETUP TRADE WIH 1:5 RISK REWARD
A good selling detected on NIFTY 50
It's showing a fall due to these reason
1. It's following THE 60 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bearish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
A good selling detected on NIFTY 50
It's showing a fall due to these reason
1. It's following THE 60 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bearish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
SELL NIFTY @ 22450 - 22400 | BIG FALL EXPECTED FROM THESE LEVELSSell Nifty @ 22450 - 22400 with the SL of 22520 for big downside targets. Risk Reward looks great at these levels.
Sell Nifty: 22450 - 22400
SL: 22520
Targets: 22142, 21980, 21870, 21635
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
SELL NIFTY AROUND 11:25 AM | INTRADAY TRADE 23RD FEBGift Nifty indicting a gap-up opening and US market also gave an insane rally. However, as per our SpanAttack timings algo we see a fall in Nifty from 11:25 which can be useful for Intraday traders to get some points on the downside.
Sell Nifty: 11:25 AM
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
Just another perfect Nifty Fib Retracement Intraday SessionNifty open Gap down
Negative sentiments reversed within 1st 10 minutes
I believe Majority was short in morning considering 30th January 2024 Bearish EOD NiftyReport.
That's it! Market makers always looking for liquidity and they found it in the morning itself.
Rally started from day low to retrace 0.786 Fib level since previous day high.
Chart is enough to understand the how fib retracement works and how Nifty Levels being identified with Fibonacci Retracement.
Here is the news flow to justified Nifty & global markets downturn.
1:53 PM: Saudi Arabia's decision on capacity was at least six months in the making based on uncertainty around need for additional capacity - rtrs
1:50 PM: Iran's revolutionary guards chief salami says no US threats will be left unanswered - Tasnim
IS CRASH COMING IN NIFTY? | AGAIN FALL IN JAN - MAR'24We have observed an interesting pattern in Nifty, from Jan 1st week top Nifty gave a fall of 1500+ points in '23 and 2200+ points in 2022. However, 2021 was an exception where we saw a minor fall for approx. 700 points but it went up after forming the bottom.
In 2020 we all are aware what happened, we saw the Covid Crash in Nifty for approx. 5000 points from Jan'20 top to Mar'20 bottom.
If this pattern repeats in '24 and looking at a insane bull run, we can't negate the possibility of a healthy correction. Nifty may form a high till Jan 2nd week around 22000 - 22222 and we can see a fall from the high towards 20950 - 19580.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Caution Ahead: Nifty Faces Bearish SignalsBearish Signals on NSE:NIFTY : Technical Analysis Points to Potential Downtrend Ahead
As the markets navigate through a sea of uncertainties, the NSE:NIFTY , a key benchmark index, is currently showing signs of a potential downturn. Traders and investors alike are closely monitoring the technical indicators, which are flashing bearish signals that may indicate a shift in market sentiment.