Nifty Daily Levels Update For Option Day Trading Nifty Supports and Resistances For Tomorrow
Nifty Support Zones
Nifty First Support Zone - 18163 - 18173
Nifty Second Support Zone - 18060 - 18071
Nifty Third Support Zone - 17970 - 17980
Nifty Resistance Zones
Nifty First Resistance Zone - 18208-18216
Nifty Second Resistance Zone - 18323-18313
Nifty Third Resistance Zone - 18385 - 18380
Niftytarget
Nifty One Hour Chart Analysis For Intraday Trading Nifty Support & Resistance Zones for Friday
Nifty Down Side Targets / Nifty Support Zones
First Support Zone For Nifty - 18310- 18320
Second Support Zone For Nifty – 18250 - 18270
Third Support Zone For Nifty – 18163 -18173
Nifty Up Side Targets / Nifty Resistance Zones
First Resistance Zone For Nifty - 18378-18387
Second Resistance Zone For Nifty - 18464 -18454
Third Resistance Zone For Nifty - 18592 - 18585
NIFTY DATA ANALYSIS FOR TREND FINDING
PCR ratio as per Option Chain Analysis – 0.90 ( Bullish )
Max Pain As per Option Chain Analysis – 18300
Major Support as Per Nifty Open Interest Analysis - 18300 /18000
Major Resistance as Per Nifty Open Interest Analysis - 18400 / 18500
Nifty - Next Target is 18000 and above ?? Nifty heading towards 18000 and more ??
Probably YES, as per technical it has broken the channel upper line with strong momentum and retraces at 17500. Also we can see RSI Divergence indicates the Strong reversal in the trend which is a good opportunity for swing/positional entry to go long keeping SL 17450 - Target we can expect another 500 Points move that is 18000 will be tested quickly.
RSI Divergence - When price makes lower low and RSI makes Higher low is the symbol for Strong trend reversal.
Nifty Futures Holding LevelsNifty Futures
Finally Nifty start closing above 17500 levels.
A major trend line from top may act as a level of resistance.
The point we are concerned about is the lack of a significant retracement.
Near term target May be 18100, with support around 17200-17000
and major support will be around 16750.
Daily ConfirmTargets for Nifty50 Nifty Without Indicator Day Trading Setup
First Up Side First Possible Trade in Nifty
Tread Entry -
If Nifty open above Resistance Zone (17356 -17340) and sustain above it , You Can buy 17350 ATM CALL OPTION
Trade Target -
Nifty Up side First Target is 17452
Tread Stoploss
If Any 30 min candle of nifty index Close Below 17340 then Exit from Trade or max . Place 20/25 Points Stoploss after taking trade
Second Up Side First Possible Trade in Nifty
Tread Entry -
If Nifty Open Gap Down But Sustain above Support Zone ( 17260- 17240 ) then you can buy 17250 ATM CALL OPTION
Trade Target -
Nifty Up Side Target is will be 17315 /17355
If any one Hour Candle of Nifty Closes above 17356 then new Up Side Trade will start and For New Trade Target will be 17450 and Stoploss will be 17340 .
Tread Stoploss -
If Any 30 min candle of nifty index Close Below 17240 then Exit from Trade or max . Place 20/25 Points Stoploss after taking trade
Down Side Possible Trade in Nifty Tomorrow
Tread Entry -
If Nifty Open Below Resistance Zone (17356 -17340) and sustain below Resistance Zone Then You Can Buy 17350 ATM PUT OPTION
Trade Target -
Nifty First Down Side Target will be 17240
If any one Hour Candle of Nifty Closes Below 17240 then new Down Side Trade will start and For New Trade Target will be 17172 / 17122 and Stoploss will be 17260
Nifty Tread Stoploss
If Any 30 min candle of nifty index Close Above Resistance 17356 then Exit from Trade or max . Place 20/25 Points Stoploss after taking trade
Nifty Daily Levels Update For Day Trading 29 july 2022 Nifty Daily Levels Update For Day Trading
Tomorrow First Up Side Possible Trade in Nifty50 - If Nifty Open Gap up Tomorrow
Trade Entry –
If Nifty Sustain above Resistance Zone (16991-16964) You Can Buy ATM CALL Option ( 17000 CALL)
Nifty Target –
Nfty Upside First Target is 17133, Second Target is 17268
Trade Stoploss –
If Nifty50 index Any 30 min candle Close Below Support 16964 then Exit from Trade or max . 20/25 Points Stoploss .
Tomorrow First Up Side Possible Trade in Nifty50 - If Nifty Open Gap Down Tomorrow
Trade Entry –
If Nifty Sustain above Support Zone (16827 -16852) You Can Buy ATM CALL Option ( 16850 CALL)
Nifty Target –
Nfty Upside First Target is 16920, If any one hour Candle Closes above 16991 Then Next Target is 17133
Trade Stoploss –
If Nifty50 index Any 30 min candle Close Below Support 16827 then Exit from Trade or max . 20/25 Points Stoploss .
Tomorrow First Down Side Possible Trade in Nifty50 - If Nifty Open Gap Up Near Resistance
Trade Entry –
If Nifty Sustain Below Resistance Zone (16991-16964) Buy 17000 PE Option Contract
Trade Target –
Nfty Down side First Target is 16852 and If any One Hour Candle Closes Below Support 16827 then second target is 16755
Trade Stoploss –
If Nifty50 index Any 30 min candle Closes Above (16991) or max . 20/25 Points Stoploss
Nifty Levels By Price Action Strategy Update For Day Trading Nifty Levels By Price Action Strategy Update For Day Trading
Tomorrow First Up Side Possible Trade in Nifty50 - If Nifty Open Gap Down But sustain Above Support Zone
Trade Entry –
If Nifty Sustain above Support Zone (16564 -16575) You Can Buy ATM CALL Option ( 16600 CALL)
Nifty Target –
Nfty Upside First Target is 16670 , Second Target is 16707
Trade Stoploss –
If Nifty50 index Any 30 min candle Close Below Support 16480 then Exit from Trade or max . 20/25 Points Stoploss .
Tomorrow First Up Side Possible Trade in Nifty50 - If Nifty Open GapUp Above Resistance Zone
Trade Entry –
If Nifty Sustain above Support Zone (16707 -16724) You Can Buy ATM CALL Option ( 16700 CALL)
Nifty Target –
Nfty Upside First Target is 16790 , Second Target is 16840
Trade Stoploss –
If Nifty50 index Any 30 min candle Close Below Support 16707 then Exit from Trade or max . 20/25 Points Stoploss .
Tomorrow Down Side Possible Trade in Nifty50 - If Nifty Open Gap Up Near Resistance
Trade Entry –
If Nifty Sustain Below Resistance Zone (16707 -16724) Buy 16700 PE Option Contract
Trade Target –
Nfty Down side First Target is 16575 and second target is 16495
Trade Stoploss –
If Nifty50 index Any 30 min candle Closes Above (16724) or max . 20/25 Points Stoploss
27July Nifty Daily Levels Update For Option Day Trading 27July Nifty Daily Levels Update For Option Day Trading
Tomorrow First Up Side Possible Trade in Nifty50
Trade Entry –
If Nifty Sustain above Support Zone (16480 -16500) You Can Buy ATM CALL Option ( 16500 CALL)
Nifty Target –
Nfty Upside First Target is 16565 , Second Target is 16670 and Third target is 16700
Trade Stoploss –
If Nifty50 index Any 30 min candle Close Below Support 16480 then Exit from Trade or max . 20/25 Points Stoploss .
Tomorrow First Down Side Possible Trade in Nifty50 - If Nifty Open Gap Up Near Resistance
Trade Entry –
If Nifty Sustain Below Resistance Zone (16575 – 16565) Buy 16600 PE Option Contract
Trade Target –
Nfty Down side First Target is 16496 and second target is 16324/16250
Trade Stoploss –
If Nifty50 index Any 30 min candle Closes Above (16575) or max . 20/25 Points Stoploss
Tomorrow Second Down side Possible Trade in Nifty50
If Nifty Sustain Below Resistance Zone (16480 -16500) Buy 16500 PE Option Contract
Trade Target –
Nfty Down side First Target is 16370 and second target is 16324/16250
Trade Stoploss –
If Nifty50 index Any 30 min candle Closes Above (16500) or max . 20/25 Points Stoploss
Nifty Trade Setup for 26 JULY 2022Nifty Trade Setup for 26 JULY 2022
Nifty looks to be bearishly aligned for the day & can expect some good volatility today.
Nifty is expected to open within yesterday range and will be looking for any sell opportunity if any triggers gets confirmed at the sell Zones.
In case if S1 support holds good & any buy triggers is confirmed we can possibly go long and expected Nifty to again be in a range and can test upper targets as marked.
In case of S1 break out we can expect lower Buy zones to be tested out.
Nifty Levels By Nifty Price Action Strategy For Trading 26 July Nifty Levels By Nifty Price Action Strategy For Trading 26 July
Call Side Posiible Trade in Nifty on Tuesday
Up Side First Possible Trade
Tread Entry
If Nifty sustain Above Support Zone (16588 -16610) You can Buy 16600 ATM CALL OPTION
Trade Target
Up side First Target is 16767 and If Any 1 Hour CandleCloses above 16770 then Second target is 16720 Possible
Tread Stoploss
After Entry in Trade If any 30 min. Candle Closes Below Support 16588 then exit From Trade Or Take Stoplos of Maximum 20 /25 oints
Up Side Second Possible Trade ( If Nifty Open Gap Down Tomorrow )
Tread Entry
If Nifty sustain Above Support Zone (16480 -16500) You can Buy 16500 ATM CALL OPTION
Trade Target
Up side First Target is 16588 and If Any 1 Hour CandleCloses above 16588 then Second target is 16670 Possible
Tread Stoploss
After Entry in Trade If any 30 min. Candle Closes Below Support 16480 then exit From Trade Or Take Stoplos of Maximum 20 /25 oints
PUT Side Posiible Trade in Nifty on Tuesday
First Possible Trade - If nifty Open Gap Up Tomorrow
Tread Entry
If Nifty Sustain Below Resistance Zone (16720 -16705) You can Buy 16700 ATM PUT OPTION
Trade Target
Down side First nifty Target is 16610 iF any one Hour Candle Closes Below 16588 then Second target is 16480 is Possible
Tread Stoploss
After Entry in Trade If any 30 min. Candle Closes Above Resistance 16720 then exit From Trade Or Take Stoplos of Maximum 20 /25 oints
NIFTY 50 TECHNICAL ANALYSIS ( ELLIOT WAVE ) 23/06/2022Nifty have completed the A and B waves and now C wave have started
expecting bullish tomorrow
expected reversal area around 15800
exact point will be updated as the wave continues
this analysis is for educational purposes only
our team is not responsible for any profit or losses
Nifty Trade Plan for 02 FEB 2022Nifty Trade Plan for 02 FEB 2022
Nifty expect to have a gap up around 17700 levels opening as global parameters looks positive.
On opening if it manages to close above R1 then we can expect 17800 and Bullish Break out sustains we can even expect T1 & T2 levels today.
In case of resistance from R1, then we can expect it test previous day close support.
Nifty levels and observations Nifty has formed inverted cup and handle with low volumes. And looks like the expected target also reached. Now it has potential to move down even further from this level but to be wait and apwatch case in coming days.
FII is heavily selling**. Comment your views if you have any.
This view is only for educational purpose**.
NIFTY 1D chart analysis-21-01-2022NIFTY chart analysis
My previous analysis were reached as per my analysis please see that also.
the chances that market may move
1)It may come down between 16877 to 16650.
2) It may even break the support(16650) and come down to
target-1 : 16900
target-2 : 16500
this is just educational purpose only. Not financial advice. the analysis is solely the opinion of me
and does not come from licensed professional.
Nifty Trade Setup for 17 JAN 2022Nifty Trade Setup for 17 JAN 2022
Nifty likely to open gap down around 18200 levels.
18200 looks to be strong resistance and 18140/ 18000 looks to be strong support for today.
In case if Nifty CPR is compromised today on lower side we can expect possible test of S1 (18154) Support and if that is compromised PDL (18120) likely to get tested.
Expecting to be a range bound market today.