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#Nifty directions and levels for September 25th.Good morning, friends! 🌞 Here are the market directions and levels for September 25th. Market Overview: There have been no significant changes in the global and local markets; both have maintained a bullish bias. Today, the market is expected to open neutrally to slightly negatively, with SGX Nifty suggesting a negative move of around -20 points as of 8 AM. Both Nifty and Bank Nifty consolidated yesterday, and structurally, this could continue today as well. However, if the market sustains the gap-down and solidly breaks the 38% Fibonacci level, the correction is likely to continue. On the other hand, if it does not break that level, the range will likely persist. I believe there is no need to explain it further, as we have seen the same sentiment over the past two days. However, if you need more clarification, please take a glance at the information below. Nifty Current View: If the market declines, it could experience a correction of 23% to 38% on the downside. After that, if it finds support in that range, it will likely return to where it closed yesterday. Conversely, if it solidly breaks the 38% level, the correction may continue with a minimum decline of 50% to 78% in the minor swing. This is our first variation. Alternate Variation: An alternate view suggests a range-bound market. If the market initially takes a solid pullback, the diagonal trend is likely to continue.
NSE:NIFTY
by Manickamtraders
#Nifty directions and levels for September 24th.Good morning, friends! 🌞 Here are the market directions and levels for September 24th. Market Overview: There have been no significant changes in the global and local markets; both have maintained a bullish bias. Today, the market is expected to open with a neutral to slightly positive gap, with SGX Nifty suggesting a positive move of around +40 points as of 8 AM. In the previous session, both Nifty and Bank Nifty closed positively, but there was no significant movement. Today, we expect to continue this trend, as there are no major trigger points for the next movement. However, we can check the charts for further insights. Sentiments are similar for Nifty and Bank Nifty charts, and we will follow the sentiment shared in the previous session. Current View: Structurally, a diagonal pattern is progressing. If the market rejects around the immediate resistance, or if the market initially declines, we can expect a minimum correction of 23% to 38%. If it breaks below 38%, the trend could shift into a correction phase. Conversely, if it does not break 38%, the diagonal pattern could extend further. This is our first variation. Alternate Variation: The alternate variation suggests that if the market consolidates around the immediate resistance, it will be a sign of bullish continuation. We can expect to see the next resistance level if it breaks through the current resistance.
NSE:NIFTY
by Manickamtraders
NIFTY Intraday Trade Setup For 24 Sep 2024NIFTY Intraday Trade Setup For 24 Sep 2024 Bullish-Above 25960 Invalid-Below 25910 T- 26200 Bearish-Below 25780 Invalid-Above 25830 T- 25540 NIFTY has closed on a bullish note with 0.57% gain today. It was less volatile than last session with firmly bullish sentiment. Index is at a striking distance to 26k. Possibility of crossing the same is high and next possible resistance lies near 26200 zone. 25780 will be a good support and an important level for opening downside move. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 25960 then we will long for the target of 26200. For selling we need a 15 Min candle close below 25780. T- 25540. 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.
NSE:NIFTY
by Omahto
#Nifty directions and levels for September 23rd.Good morning, friends! 🌞 Here are the market directions and levels for September 23rd. Market Overview: Global markets are showing a bullish trend, as indicated by the Dow Jones, while our local market also has a bullish outlook. Today, the market is expected to open with a gap up, with SGX Nifty suggesting a positive move of around +110 points as of 8 AM. Nifty and Bank Nifty reflect the same sentiment. In the previous session, both closed with solid green candles, and Gift Nifty is indicating a positive start of 100 points, so a continuation of the rally could be expected today. However, the structure is indicating a diagonal formation, so if it faces rejection around the immediate resistance, it may lead to a correction. Let's take a look at the charts. Nifty: Current View: The current outlook suggests that if the market sustains the gap-up structurally, we can expect a continuation of the rally with some consolidation. > However, it's uncertain where this consolidation will occur—either around the supply zone or at 25,978. > Notably, there are three waves bending. If the first pullback rejects around the supply zone, then the second wave could consolidate there. Once it breaks, the third pullback could reach between 25,978 and 26,034. > Conversely, if it breaks the supply zone solidly, the first rejection may occur at 25,978 or 26,034. Alternate View: The alternate view indicates that if the market experiences a sharp rejection around the immediate resistance, it could see a minimum of 23% to 38% during the minor swing. If it breaks below 38%, then the correction may continue to 50% to 78%.
NSE:NIFTY
by Manickamtraders
#Nifty Directions and Levels for the Last Week of SeptemberNifty and Bank Nifty Directions and Levels for the Last Week of September Global Market Overview: In the previous week, the global market continued to rally solidly. Structurally, it indicates a bullish bias. This week, we can expect some continuation of the rally along with potential consolidation. In the meantime, there are some important events that we should pay attention to. Our Market: Our market also continued the solid rally. Structurally, it indicates a bullish bias; however, the structures differ between Nifty and Bank Nifty. If we look at the price action, both are exhibiting a strong bullish trend. However, when comparing the wave counts, Nifty is progressing through its 5th sub-wave, while Bank Nifty is currently in its 3rd sub-wave. How can we interpret this sentiment? Typically, this kind of sentiment leads to consolidation. For example, once Nifty finishes its 5th wave, it could experience a sharp correction. At that time, Bank Nifty might undergo a 4th wave, which is a consolidation wave, so we wouldn't expect much correction in that scenario. Once Bank Nifty completes its 4th wave, the 5th wave could resume a bullish bias, during this time, Nifty likely wouldn't continue its correction. On the other hand, if Bank Nifty dominates the market (meaning the 3rd wave extends further), we cannot expect a correction in Nifty. It may seem a bit complicated, but in simple terms, we can anticipate consolidation where the market could either face rejection or experience a significant breakout. #Nifty Current View: If the market breaks the previous high, we can expect the next target to be 26,034. This is a crucial level. If the market faces rejection there, we can expect a correction between 61% to 78% of the minor swing. However, confirmation of a correction will only be valid if the market breaks the 38% Fibonacci level. Until then, the market remains bullish. Alternate View: The alternate view suggests that if the market does not face rejection or consolidates instead, the rally is likely to continue to the level of 26,273.
NSE:NIFTY
by Manickamtraders
2
nifty plan for next move will it crash 2025 to 2030?as you can see on chart history repeats all the time same patterns so plan for your growth and expect for a crash on those levels as history made before wait for the crash Hit the like button to Rock !! Show some energy !! Note : ⨻ Check the live market updates and analysis yourself before buy or sell. ⨺ Am not giving any advisory or signals its just my idea for upgrade my knowledge in trading for myself ⨹ This is my pre and post market analysis and my trading journey. Not a suggestion to buy or sell. ⫸ You are responsible for your trading not me ⫷ happy trading 🥰
NSE:NIFTYLong
by TRADING_MASTER_DAVIS
20th Sep '24 - Last week's stance change paid off, Nifty up 1.9%Nifty Stance Bullish ️⬆️ Back-to-back 1.9% weekly moves, Nifty moves an astonishing 953 points over the last 2 weeks. There is nothing that could possibly stop this train. What is more interesting is that 100% of this move came on Thursday + Friday, till then Nifty was flat and would have given the impression that the week may be going sideways. The good thing is that we started the week with a bullish mindset, ensuring we did not run into losses, unlike many professional traders who lost a lot on Friday alone. The losses on Friday for those who traded Sensex were because of the 1.3% sudden move that came in a range of 8 minutes, it really looked inorganic and manipulative. These days, it is quite easy to predict when the HFTs are gearing up to deploy their stop loss hunting, the wiser strategy is not to play. For the next week also, we wish to maintain the bullish stance and would like to switch back to a neutral stance only if we drop below 25528.
NSE:NIFTYLong
by viswaram
#Nifty directions and levels for September 20th.Good morning, friends! 🌞 Here are the market directions and levels for September 20th. Market Overview: Global markets are showing a bullish trend, as indicated by the Dow Jones, while our local market has a moderately bullish outlook. Today, the market is expected to open neutral to slightly gap-up, with SGX Nifty suggesting a positive move of around +30 points as of 8 AM. In the previous session, both Nifty and Banknifty experienced a solid breakout, but it didn’t sustain. Structurally, this indicates a diagonal pattern, meaning the trend is bullish, but momentum may be limited. This is one variation. On the other hand, if the market declines, it could turn into a correction. Let's look at the charts for more insight. Nifty: Current view: The current view suggests that if the market declines after some initial pullback, we can expect a correctional target at the 38% Fibonacci level on the downside. Structurally, it may not sustain there. However, if a solid pullback occurs, the market could form a range-bound structure between the previous high and the current low. This is our first variation. Alternate view: Alternatively, if the gap-up sustains, we could expect the market to reach the level of 25,561. If it consolidates or breaks this level, we might see a further move up to 25,643. On the other hand, if there is a sharp rejection at this level, it may retest the previous bottom.
NSE:NIFTY
by Manickamtraders
1
Nifty Analysis for Tomorrow (intraday Trading Setup-options)Today market opened Gapup but not sustained. After 2 Pm price created a support and at the time closing bounce little bit and closed so tomorrow morning possibility of a Gapup. How to Trade - 1. If opens Gapup and falls but sustain today's low and then a bounce is expected after support creation.(High probability) 2. If opens Gapup/flat -moves upside and unable to hold at upper levels then there will be a selling on rise day.( Less probability) 3. If opens Gapup/flat -moves upside and test next resistance and hold at High level then bounce will be expected. 4. If opens gapdown or falls to next support then also bounce will be expected after support creation (highest probability)
NSE:NIFTYLong
by jain_abhishek
Nifty Analysis for Tomorrow (intraday Trading Setup-options)Today market opened Gapup but not sustained. After 2 Pm price created a support and at the time closing bounce little bit and closed so tomorrow morning possibility of a Gapup. How to Trade - 1. If opens Gapup and falls but sustain today's low and then a bounce is expected after support creation.(High probability) 2. If opens Gapup/flat -moves upside and unable to hold at upper levels then there will be a selling on rise day.( Less probability) 3. If opens Gapup/flat -moves upside and test next resistance and hold at High level then bounce will be expected. 4. If opens gapdown or falls to next support then also bounce will be expected after support creation (highest probability)
NSE:NIFTYLong
by jain_abhishek
NIFTY MATHEMATICAL LEVELS FOR THIS WEEKThese 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
NSE:NIFTY
by StocksOptionBlaster
#Nifty directions and levels for September 19th.Good morning, friends! 🌞 Here are the market directions and levels for September 19th. Market Overview: Both global markets and our local markets are still showing a moderately bullish trend. Moreover, today the market is expected to open slightly neutral to gap-up, with SGX Nifty indicating a positive move of around +70 points as of 8 AM. In the previous session, we observed differing performances between the Nifty and Bank Nifty. The Bank Nifty had a solid rally, while the Nifty underperformed and closed in the negative. Typically, we might interpret this as a continuation of the negative bias; however, today the SGX Nifty is indicating a decent positive start. Therefore, if the market sustains the gap-up and breaks the previous high, we can follow that direction. However, I am starting with a negative bias because theory suggests that. Let's look at the charts. Nifty: Current View: The current view suggests that if the initial market declines, we can expect a minimum correction level of 38% on the downside. After that, if the market breaks or consolidates around the 38% mark, the correction is likely to continue. On the other hand, if there is a solid pullback, we can anticipate a minimum target of 61% to 78%. Simply put, if the bounce-back breaks the 38% level in the minor swing, we can anticipate reaching the 61% to 78% levels next. Alternate View: The alternate view suggests that if the gap-up sustains, there may be some consolidation between the previous high and the previous day's closing price. If it breaks the previous high, the rally is likely to continue. However, we should wait for the breakout for directional movement.
NSE:NIFTY
by Manickamtraders
2
NIFTY Intraday Trade Setup For 18 Sep 2024NIFTY Intraday Trade Setup For 18 Sep 2024 Bullish-Above 25450 Invalid-Below 25400 T- 25630 Bearish-Below 25310 Invalid-Above 25360 T- 25100 NIFTY has closed almost on a flat note with minor gain of 0.14% today. Since last three sessions index is just sideways within 150 points small range. Index is just consolidating after ATH breakout. Now above 25450 index should trend in the higher side, no comments on momentum as it has passed away months ago. Below 25300 index should start a bearish action. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 25450 then we will long for the target of 25630. For selling we need a 15 Min candle close below 25300. T- 25100. 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.
NSE:NIFTY
by Omahto
#Nifty directions and levels for September 17th.Good morning, friends! 🌞 Here are the market directions and levels for September 17th. Market Overview: Global markets continue to show a moderately bullish trend, as indicated by the Dow Jones, and this sentiment is reflected in our local market as well. Today, the market is expected to open with a gap-up, with SGX Nifty suggesting a positive move of around +30 points as of 8 AM. Current view: There haven't been any significant changes in the previous sentiment, so I'll explain it simply. Nifty is showing a moderately bullish structure, which means consolidation. If the market rejects around the immediate resistance, it may continue this sentiment. A solid rally is expected only if the immediate resistance is broken convincingly. Alternate view: Alternatively, if the market starts negatively, the demand zone will act as strong support. If the market finds support there, it could form a range between the previous high and the downside demand zone. A deeper correction is expected only if the demand zone is broken convincingly.
NSE:NIFTY
by Manickamtraders
Nifty Market Analysis for 16 September 2024On September 16 (Today) NSE:NIFTY opened gap up by 50 points, indicating positive momentum at the start of the trading session. The immediate resistance level for Nifty is observed at 25,415. If the index manages to sustain above this resistance, the next crucial resistance levels to watch are 25,502 and 25,535. On the downside, failure to hold above 25,415 could result in a decline toward the support range of 25,311 to 25,275. Immediate Resistance: 25,415 Nifty Day’s Support: 25,311 to 25,275 Nifty Day’s Resistance: 25,502 to 25,535 Disclaimer: This analysis is based on current market data and technical indicators. It is not a recommendation to trade or invest. The stock market is subject to risks, and prices can fluctuate due to various factors. Please consult with a financial advisor before making any investment decisions.
NSE:NIFTY
by Stable_Logic
#Nifty directions and levels for September 16th.Good morning, friends! 🌞 Here are the market directions and levels for September 16th. Market Overview: Global markets are showing a moderately bullish trend, as indicated by the Dow Jones, and this sentiment is reflected in our local market as well. Moreover, today’s market is expected to open with a gap-up, with SGX Nifty indicating a positive move of around +50 points as of 8 AM. Nifty: Current View: There haven't been any major changes to the market sentiment since the previous session, as Nifty closed with consolidation. Structurally, this suggests we could be in the 4th wave. Now, if the market opens with a gap-up and sustains it, we can expect a 5th impulse wave. The targets for this wave are likely between 25,452 and 25,587. > It’s important to note that the 5th wave is typically a distribution wave. So, if the market breaks the immediate resistance with a strong candle or after some minor consolidation, the rally could extend further, potentially reaching 25,587. On the other hand, if the market reaches the resistance gradually, it may not gain as much momentum, and the maximum level to expect would be 25,492. Alternate View: If the gap-up doesn’t hold or the market declines initially, we may see a correction of around 23% to 38%. Following this, if the market finds support near the 38% Fibonacci level, it could consolidate between this level and the previous high. However, if the market breaks below the 38% level, the next target would be at the 50% Fibonacci level. Still, further correction will only continue if the market decisively breaks below the 50% Fibonacci level.
NSE:NIFTY
by Manickamtraders
4
13 Sep 2024  Stance changed to Bullish, surprising breakouts N50Nifty Stance Bullish ️⬆️ Nifty moves an amazing 474pts ~ 1.91% during the week 9th to 13th September and upgrades its stance from neutral to bullish. Of these 438pts ~ 1.75% surge came on 12th Sep and between 13.30 to 14.51.  12th Sep was an expiry day and I had shorted 25250 at 3.50 and luckily squared off for Rs1.1 around 1.33 PM. This same strike went upto Rs175 and then closed in the money. Sometimes, luck plays on your side as well. We have a new ATH of 25433 and the market has huge relative strength to keep going up, no one is able to predict where the top will be and the bears are feeling sorry for themselves. On the 13th, markets consolidated, and it was a good day for nondirectional traders.  We have revised our stance to bullish but do not expect it to surpass 25800 this weekly series.
NSE:NIFTYLong
by viswaram