Nifty Levels 13 Sep 24Nifty sustains above 25311 then up side move possible.
Storng support 25000
Storng resistance 25400
Niftytomorrow
Nifty levels - Sep 13, 2024Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
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Nifty - Symmetric Triangle Breakout and Target AchievedToday morning we shared an Idea about NSE:NIFTY forming Symmetric Triangle and by afternoon it gave the target to upside. Beautiful rally.
Related Idea:
Nifty Market Update: Symmetric Triangle Pattern in FormationOn September 12, 2024 (Today), NSE:NIFTY opened with a gap-up of more than 100 points, showing early bullish momentum. The index is now trading within a range and appears to be forming a symmetric triangle pattern, indicating potential breakout action. Key levels to watch are the day’s support at 24,978.20 and at 24884.85 and resistance at 25,141.15. A breakout above or below these levels could set the tone for the next trend.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always consult a professional before making trading / investment decisions.
Nifty Levels 12 Sep 24Nifty above 25006 then upside move possible, if nifty below 25006 then downside move possible.
Nifty levels - Sep 12, 2024Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
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Nifty Levels 11 Sep 24 Nifty sustains above 25087 then only upside move possible. If nifty sustains below 25087 then downside move possible.
Nifty levels - Sep 11, 2024Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it.
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Nifty 10 Sep 24Upside - Nifty sustains above 25087 then only upside move possible.
Downside - Nifty breaks 24840 then down trend continue.
My personal view is some more fall come.
Nifty levels - Sep 10, 2024Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it.
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Nifty 50: Critical Support Zone at 24,460 The market is currently hovering near key Fibonacci retracement levels, with 24,460 acting as a strong support zone. This area aligns with the 0.618 Fibonacci retracement from the recent rally, providing a significant level for buyers to potentially step in. The market has already tested the 38.2% retracement level and held above it.
Key Scenarios:
Gap-Down Scenario:
If the market opens with a gap down near the 24,500 level, we may witness a bounce-back, leading to a green candle that could move towards the current closing price. The 24,460 support level is expected to hold, making this a critical area for a potential reversal.
Flat or Slight Gap-Down Opening:
Should the market open flat or with a small gap-down, we could see a red candle that may extend to the 24,460 level. This would likely be the lowest point before buyers step in, supported by both the 0.618 retracement and the rising trendline visible on the chart.
Gap-Up Scenario:
If the market gaps up and holds the current closing price (24,857.50), there’s a possibility of testing the 25,000 level. A successful breakout above this could signal further momentum, potentially leading to a rally towards 25,600.
Conclusion:
The 24,460 zone remains a strong support level, while 25,000 acts as the next major resistance. A break above 25,000 could initiate a continuation toward 25,600, while a gap down will test the 24,460 support and it should most likely hold if nothing worse happens around the world.
Disclaimer:
This idea is presented solely for educational purposes and should not be considered financial or trading advice.
#Nifty directions and levels for September 6th.Good morning, friends! 🌞 Here are the market directions and levels for September 6th.
Market Overview:
The global markets are showing a moderately bearish trend, as indicated by the Dow Jones. Our local market also reflects a similar sentiment. However, today, the market may open with a gap-down, based on SGX Nifty’s negative indication of around -80 points.
Both Nifty and BankNifty have been maintaining a range-bound sentiment. Will this continue today as well? The probability is high; however, we will need to confirm by checking the charts.
Nifty:
Current view:
The market is still trading within a range, so we should wait for a proper range breakout even if it opens with a gap-down. If the market opens gap-down, we can expect immediate targets are the 78% Fibonacci level to the minor demand zone. After reaching this area, if the market consolidates or breaks solidly, the correction will likely continue toward lower levels of 24998 to 25037. That means we can expect the correction or next move only if it breaks the immediate support level. This is our first scenario.
Alternate view:
On the other hand, if the market shows a strong pullback initially or if it rejects the immediate support level, it might try to maintain the range-bound structure. In this case, we could expect a bounce back of around 38% to 61% in the minor swing.
Nifty levels - Sep 06, 2024Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
Nifty Levels 05 Sep 24Upside - Nifty sustains above 25167 then only moves to 25250, 25333 these levels.
Downside - Nifty sustains below 25083 then 25001, 24856 levels are possible.
Nifty levels - Sep 05, 2024Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
Nifty Levels 04 Sep 24Upside move - Nifty sustains abobe 25333 then only upside move possible.
Down side move - Nifty sustains below 25250 then 25167 , 25083 levels are possible
Storng support is 25000
Storng resistance is 25300
NSE:NIFTY
Nifty levels - Sep 04, 2024Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
Nifty Levels 03 Sep 24 Nifty sustains above 25250 then 25333 is possible. Sustaining below 25250 then 25167 and also 25083 levels are possible.
Nifty levels - Sep 03, 2024Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
HERO MOTOCORP LTDImportant points marked.
*****Education purpose only*****
*****Investing in Equity is subjected to market risk do own research before investing*****
Nifty Levels 02/09/24Nifty sustains above 25250 then only upside move possible. 25000 is very storng support
Nifty levels - Aug 30, 2024Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
Nifty Levels AUG 29/24Nifty sustains above 25141 then onely upside move possible. if nifty breaks 24969 then 24912 and 24856 levels are possible.
