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NIFTY Intraday Trade Setup For 5 Feb 2025NIFTY Intraday Trade Setup For 5 Feb 2025 Bullish-Above 23770 Invalid-Below 23720 T- 24050 Bearish-Below 23500 Invalid-Above 23550 T- 23250 NIFTY has closed on a bullish note with 1.62% gain today. It has closed above 50 EMA in daily TF after almost 2 months. Index has consolidated within small range for last 20 days, it has started to rise again but I wont turn bullish until it gives a pullback and then start to make a bullish price structure in daily TF. Since it has closed above EMA bullishness may continue tomorrow above 23770. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 23770 then we will long for the target of 24050. For selling we need a 15 Min candle close below 23500. T- 23245. 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 Trading Strategy-BUDGET DAY 01st Feb 2025NIFTY Trading Strategy: Buy Strategy: Entry Point: Buy above the high of the 15-minute candle that closes above 23685 Targets: First Target: 23743 Second Target: 23805 Third Target: 23900 Stop-Loss: The stop-loss will be set at the low of the candle that breaks out above 23685. Sell Strategy: Entry Point: Sell below the low of the 15-minute candle that closes below 23380 Targets: First Target: 23320 Second Target: 23260 Third Target: 23165 Stop-Loss: The stop-loss will be set at the high of the candle that breaks down below 23380. Time Frame: 15-Minute Time Frame: This strategy is based on the 15-minute time frame, allowing for shorter-term trading opportunities and quicker responses to market movements. Important Points: Stop-Loss Orders: Always use stop-loss orders to manage risk and protect your capital. Monitor Market Conditions: Continuously monitor market conditions and news that could impact the NIFTY index. Technical Indicators: Consider using technical indicators and chart patterns to confirm entry and exit points. Disclaimer: I am not SEBI registered. Please conduct your own research and consult a professional financial advisor before making any investment decisions. Trading and investing involve significant risk of loss and are not suitable for every investor.
NSE:NIFTY
by ramkkyy
NIFTY 50 - BEARISH TREND WITH RESISTANCE ZONES AHEADSymbol - NIFTY50 CMP 23260 The Nifty50 is currently in a downtrend and is trading within a falling wedge pattern, indicating potential for a bearish move in the near future. At present, the index is trading at a resistance zone, specifically between 23260-23300, with additional resistance zones positioned further upwards. Given these technical factors, there is a strong expectation for a sell-off from the current levels. The downside targets are expected to be around the lows that were formed a few days back, which are near the 22800 level and possibly lower. From a broader perspective, the Nifty50's technical structure suggests that further downward movement is likely as the price faces resistance and struggles to break above key levels. Therefore, traders should be cautious of any bullish reversal in the immediate term and instead focus on potential downside targets. Key resistance levels to watch are near 23260-23300, with additional resistance higher up. Support is anticipated at the 22900-22830 level and below. Given the current pattern and resistance zone, a short-term bearish outlook seems more probable, with a potential continuation of the downtrend.
NSE:NIFTYShort
by akshit_official
2
NIFTY Trading Strategy for 31th January 2025NIFTY Trading Strategy: Buy Strategy: Entry Point: Buy above the high of the 15-minute candle that closes above 23350 Targets: First Target: 23399 Second Target: 23441 Third Target: 23483 Sell Strategy: Entry Point: Sell below the low of the 15-minute candle that closes below 23190 Targets: First Target: 23145 Second Target: 23100 Third Target: 23045 Disclaimer: I am not SEBI registered. Please conduct your own research and consult a professional financial advisor before making any investment decisions. Trading and investing involve significant risk of loss and are not suitable for every investor.
NSE:NIFTY
by ramkkyy
#Nifty directions and levels for January 30th:Good Morning, Friends! 🌞 Here are the market directions and levels for January 30th: Market Overview There have been no significant changes in the global markets, which continue to maintain a bullish sentiment, as indicated by the Dow Jones. However, our local market is showing a moderately bullish sentiment. Today, the market may open with a neutral to slight gap-down due to the Nifty indicating a negative sign of -4 points. In the previous session, both Nifty and Bank Nifty maintained a bullish bias, but there haven't been any new developments. If the market starts to pull back, we can expect further continuation with some consolidation. Conversely, if it begins to decline, we might see a range-bound market within the previous day's range. Structurally, a correction appears to have a low probability; however, if it breaks the major zone, we could consider that a correction. Let’s look at the charts. Nifty Current View The current view suggests that if the market starts with a pullback, it could reach the 78% mark, which is a key Fibonacci level for predicting market direction. Today, if the market breaks above 78%, we can expect further continuation of the rally with some consolidation. Conversely, if the market gets rejected at this level, we can anticipate a minor correction of 23% to 38% in the current minor swing. Alternate View The alternate view indicates that if the market starts to decline, it could consolidate between the previous high and the 38% Fibonacci level. A correction is expected only if it breaks the 38% level. If that happens, we can anticipate a correction of at least 50% to 78% in the current swing. Until the 38% level is broken, the market bias could remain moderately bullish.
NSE:NIFTY
by Manickamtraders
#Nifty directions and levels for January 29th:Good Morning, friends! 🌞 Here are the market directions and levels for January 29th: Market Overview: There have been no significant changes in the global markets, which are still maintaining a bullish sentiment based on the Dow Jones. However, our local market is showing a moderately bearish sentiment. Today, the market may open neutral to slightly gap-up, as Nifty indicates a positive move of 40 points. In the previous session, both Nifty and Bank Nifty had a solid rally, but by the end of the day, they fell slightly. Structurally, the market is still in bearish territory. So, today's session may see some consolidation within the previous day's range. Let's look at the chart. Both Nifty and Bank Nifty share the same structural sentiment. Nifty Current View: Even if the market starts with a gap-up, structurally, it may not sustain. So, if the market declines initially, we can expect a correction towards the 22862–22827 level, which is a major support zone. If the market finds support here, it is likely to bounce back to its opening levels. > On the other hand, if the market breaks this zone or consolidates around it, the correction will likely continue towards 22776, a minor pullback zone. Alternate View: If the gap-up sustains, 23089 will act as strong resistance. If the market gets rejected at this level, we can expect a range-bound session. However, if it consolidates or breaks above this level, the rally will likely continue towards 23185 and the 78% retracement level.
NSE:NIFTY
by Manickamtraders
4
Nifty Trading Strategy for 29th january 2025Nifty Trading Strategy Buy Strategy: Buy Above: The high of the 15-minute candle that closed above 23,050 Targets: 23,090, 23,140, 23,190 Stop-Loss: Below the low of the 15-minute candle that closed above 23,050 Sell Strategy: Sell Below: The low of the 15-minute candle that closed below 22,850 Targets: 22,803, 22,765, 22,725 Stop-Loss: Above the high of the 15-minute candle that closed below 22,850 Disclaimer: I am not SEBI registered. This analysis is based on historical data and market trends. Past performance is not indicative of future results. Trading and investment involve risks, and you should conduct your own research or consult with a financial advisor before making any decisions.
NSE:NIFTY
by ramkkyy
Nifty 1D Bear Market Technical Analysis (Distribution Phase)- Nifty is currently trading at 22,829. - Nifty has erased 13.11% from its all-time high of 26,274. - Ninety percent of social media outlets and broadcasters have stopped their perpetual bullish commentary on Nifty, which they claimed would never stop. The next ten years for India are expected to be very bullish, and Nifty could soon head towards 30,000 following this drop. - Now, let's focus on understanding what we can expect from this drop and where prices may head in the upcoming days. - Nifty is about to test the largest liquidity grab it made around 21,285. After that, we may quickly see Nifty rebalance the inefficiencies it creates during this impulsive downward move. - The level I will be considering for my personal investment is between 18,832 and 19,000. - The range of 18,000 to 20,000 is likely to be a very strong zone for long-term investments rather than short-term swings, as markets typically move in cycles of accumulation, manipulation, and distribution. - To fill the gaps, the market rebalances every imbalance, taking out liquidity between candles and heading toward new lows or highs. The market seeks liquidity from Fair Value Gaps; that's how it usually moves. - We have witnessed a bull market for 2 years now. In my opinion, we are soon going to experience a Distribution phase of 2 years filled with many manipulations and dead cat bounces. Stay cautious and don't miss discounted levels; an index correcting 30% is significant.
NSE:NIFTYShort
by VKtradesimbalance
Nifty Trading Strategy for 28th January 2025Nifty Trading Strategy Buy Strategy: Buy Above: The high of the 15-minute candle that closed above 22,900 Targets: 22,950, 23,000, 23,050 Stop-Loss: Below the low of the 15-minute candle that closed above 22,900 Sell Strategy: Sell Below: The low of the 15-minute candle that closed below 22,700 Targets: 22,660, 22,615, 22,565 Stop-Loss: Above the high of the 15-minute candle that closed below 22,700 Disclaimer: I am not SEBI registered. This analysis is based on historical data and market trends. Past performance is not indicative of future results. Trading and investment involve risks, and you should conduct your own research or consult with a financial advisor before making any decisions.
NSE:NIFTY
by ramkkyy
Nifty - Possible end of bears controlFrom the ATH of 26151 Nifty is almost reaching its 10% correction value @ 22635 Area of 22650 to 750 also happens to be the last strongest support point At this level it can be make or break situation for nifty Will be good to take a bullish bet with 22600 as ultimate SL(Closing basis) as the PE premiums are soaring high It may be a risky call but Risk to Reward is excellent Will wait for the index to show some clarity in lower time frames (15 / 30/ 60 m)
NSE:NIFTYLong
by Vishy5
5
#Nifty directions and levels for January 27th:Good Morning, friends! 🌞 Here are the market directions and levels for January 27th: Market Overview: There have been no significant changes in the global markets, which are still maintaining a bullish sentiment (based on the Dow Jones). However, our local market is showing a bearish sentiment. > The Nifty is showing a long gap-down start. If this sustains, structurally, we can expect the correction to continue with some minor pullbacks. Based on the wave structure, this long gap-down could extend into the 3rd sub-wave of the correction. Typically, the 3rd wave is the longest leg of an impulse, so we can expect a prolonged correction. This is the structural sentiment. > On the other hand, the budget announcement is just a few days away, and experts are expecting high volatility. This means there is no clear direction—if the market goes down, it could recover at any point, and if it goes up, it may eventually reverse. Therefore, the sentiment is a bit difficult to predict. In light of this, we can apply a simple trading method: > as long as the 38% Fibonacci level in the minor swing holds, the correction is likely to continue in the current direction. If this level breaks, we can expect a reversal. This is just my opinion based on my limited experience. If you have any better ideas, please share them with me so we can discuss them in this community. However, all the chart structures are based on Elliott Wave theory and Fibonacci levels that we regularly update, so you can follow them without any doubts. Have a nice day!
NSE:NIFTY
by Manickamtraders
Nifty Trading Strategy for 27th January 2025Nifty Trading Strategy Buy Strategy: Buy Above: The high of the 15-minute candle that closed above 23,260 Targets: 23,320, 23,375, 23,440 Stop-Loss: Below the low of the 15-minute candle that closed above 23,260 Sell Strategy: Sell Below: The low of the 15-minute candle that closed below 23,005 Targets: 22,940, 22,880, 22,825 Stop-Loss: Above the high of the 15-minute candle that closed below 23,005 Disclaimer: I am not SEBI registered. This analysis is based on historical data and market trends. Past performance is not indicative of future results. Trading and investment involve risks, and you should conduct your own research or consult with a financial advisor before making any decisions.
NSE:NIFTY
by ramkkyy
Gold Trading Strategy For 24th January 2025Gold Trading Strategy Buy Strategy: Condition: Wait for the 15-minute candle to close above 2760. Trigger: Buy when the price moves above the high of the 15-minute candle that closed above 2760. Targets: 2773, 2779, 2785 Stop-Loss: Set a stop-loss order below the low of the 15-minute candle that closed above 2760 to limit potential losses. Sell Strategy: Condition: Wait for the 15-minute candle to close below 2747. Trigger: Sell when the price moves below the low of the 15-minute candle that closed below 2747. Targets: 2740, 2735, 2729 Stop-Loss: Set a stop-loss order above the high of the 15-minute candle that closed below 2747 to limit potential losses. Disclaimer: This analysis is based on historical data and market trends. Past performance is not indicative of future results. Trading and investment involve risks, and you should conduct your own research or consult with a financial advisor before making any decisions.
TVC:GOLD
by ramkkyy
#Nifty directions and levels for January 23rd:Good Morning, friends! 🌞 Here are the market directions and levels for January 23rd: Market Overview: There have been no significant changes in the global markets, as they are still maintaining a bullish sentiment (based on the Dow Jones). However, our local market shows a bearish sentiment. In the previous session, both Nifty and Bank Nifty experienced high volatility again, but the two indices reacted differently. My personal opinion is that there is still a noticeable difference between the Nifty and Bank Nifty charts. For Bank Nifty, it broke the previous low yesterday, which suggests that the correctional bending sub-wave might have ended. Even if it opens with a gap-down today, we can expect some consolidation within the previous day’s range. However, Nifty still shows correctional sub-waves in progress, which could push it slightly downward. Therefore, we should approach the market cautiously. Overall, today’s market may remain range-bound. If the market moves in a single direction, trading is easier, but due to differing sentiments, traders may dominate one another, creating a tug-of-war scenario. Let’s dive into the charts for further details. Nifty Current View: According to the current structure, if the gap-down sustains and breaks the 38% mark solidly, we can expect the continuation of the correction. The targets are expected to be between 23022 and 22944 if it breaks the 38% mark. Alternate View: The alternate view suggests that if the gap-down does not sustain or if the market finds support around the 38%, we can expect some consolidation between the 38% and the upside 78% mark.
NSE:NIFTY
by Manickamtraders
2
Nifty Trading Strategy 23rd January 2025Nifty Trading Strategy Buy Strategy: Condition: Wait for the 15-minute candle to close above 23,210. Trigger: Buy when the price moves above the high of the 15-minute candle that closed above 23,210. Targets: 23,258, 23,310, 23,360 Stop-Loss: Set a stop-loss order below the low of the 15-minute candle that closed above 23,210 to limit potential losses. Trailing Stop-Loss: Use a trailing stop-loss to lock in profits as the price moves towards the targets. For example, set a trailing stop of 10 points below the current price. Sell Strategy: Condition: Wait for the 15-minute candle to close below 23,050. Trigger: Sell when the price moves below the low of the 15-minute candle that closed below 23,050. Targets:22,980, 22,950, 22,890 Stop-Loss: Set a stop-loss order above the high of the 15-minute candle that closed below 23,050 to limit potential losses. Trailing Stop-Loss: Use a trailing stop-loss to lock in profits as the price moves towards the targets. For example, set a trailing stop of 10 points above the current price. Discipline: Stick to the trading plan and do not deviate from the strategy. Avoid making impulsive decisions based on emotions. Disclaimer: I am not SEBI Registered. This analysis is based on historical data and market trends. Past performance is not indicative of future results. Trading and investment involve risks, and you should conduct your own research or consult with a financial advisor before making any decisions.
NSE:NIFTY
by ramkkyy
Nifty outlook for the yearNifty chart analysis for coming few months : 1. Overall trend still remains bullish but deep pullback now similar to 2021 ( marked in circle ) . 2. Market might come down to next support 22,500 - 22,600 at breakout point of election result day . 3. Weekly chart shows market respecting swing lows since 2020 . Last swing low is 21,200 . As long as market doesn't break swing low , current trend is bullish . 4. Decent price for long term investment and SIPs Cheers ! Follow for more market insights ! =)
NSE:NIFTY
by piyushrawtani
6
#Nifty directions and levels for January 22nd, WednesdayGood Morning, friends! 🌞 Here are the market directions and levels for January 22nd, Wednesday Market Overview: The global market is maintaining a bullish sentiment (based on the Dow Jones), while our local market shows a bearish sentiment. Today, the market is likely to open neutral to slightly gap-up, as the Gift Nifty indicates a +50-point positive opening. In the previous session, both Nifty and Bank Nifty experienced high volatility. Based on the structure, the market is expected to remain range-bound, even if it breaks the previous bottom, especially in Nifty. > So, if the market sustains the gap-up, we can approach it with a range-bound sentiment with a bearish bias. However, if the market begins a correction, the current correction trend is likely to continue. Let’s look at the charts for more details. Nifty Current View: The current structure suggests that if the gap-up doesn't sustain or if the market breaks the previous low after some consolidation, we can expect the correction to continue toward the levels of 22898 to 22829. Alternate View: If the gap-up sustains, we should approach it as a range-bound market. However, avoid taking long positions without confirmation. For a long position, wait for a breakout at specific levels. For example, if the market breaks the 50% level, targets could be set at 61% and 78%.
NSE:NIFTY
by Manickamtraders
5