Bearish Flag Pattern Breakdown in NiftyA Bearish Flag Pattern has been observed in NSE:NIFTY , signalling a potential downward movement. If this breakdown is successful, the following targets can be expected:
First Target: 22,550
Second Target: 22,000
Disclaimer:
This analysis is for educational and informational purposes only. It does not constitute financial advice. Market movements are subject to various factors, and trading involves significant risk. Always conduct your own research or consult with a professional financial advisor before making any investment decisions. NSE:NIFTY
Niftytradesetup
Nifty buy!!!!!!See the charts,
Price is going for 50% RETRACEMENT,so if you want to take a quick trade, look for the fvg to buy.
If you don't want means just wait for price to reach some key areas, to take shorts.
Capital is important so plan wisely, don't lose it with fomo.
Learn to trade by yourself is better.
#Nifty directions and levels for January 21st, TuesdayGood Morning, friends! 🌞
Here are the market directions and levels for January 21st, Tuesday:
Market Overview:
The global market is maintaining a bullish sentiment (based on the Dow Jones), while our local market shows a moderately bullish sentiment. Today, the market is likely to open with a neutral to slightly gap-up start, as the Gift Nifty indicates a +60 point positive opening.
In the previous session, both Nifty and Bank Nifty had a solid pullback. According to the structure, it seems like a "flag pattern." If the market breaks the immediate resistance with a solid candle today, we can expect a further rally continuation. However, if we analyze the wave structure, it could represent the "C" leg, and also its a final leg of the pullback. So, In this scenario, if the market rejects around the immediate resistance, we can initially expect a 23% to 38% correction. A trend reversal (from bullish to bearish) will be considered only if the 38% Fibonacci level is broken. This is the basic structure. Let's look at the chart for more clarity.
Both Nifty and Bank Nifty exhibit similar structural sentiments.
Current View:
The current view, based on Elliott Wave analysis, suggests that if the gap-up doesn't sustain or if the market faces rejection around the immediate resistance, we can expect a minimum correction of 23% to 38% in the minor swing. This is a major support level, so until the 38% mark is broken, the trend remains bullish. Conversely, if it breaks the 38%, we can consider that a trend reversal.
Alternate View:
The alternate view suggests that if the gap-up sustains and consolidates or breaks the immediate resistance level, then the rally will likely continue. In this case, we can consider that a flag pattern or the third wave of the new impulse.
Nifty key levels for 21.01.2025Nifty key levels for 21.01.2025
If Nifty breaks the upper or lower range, we can expect momentum. The consolidation zone will be favorable for option sellers, while a breakout on either side will benefit option buyers.
Disclaimer:
I'm not a SEBI Registered financial advisor. These views are purely educational in nature. You are solely responsible for any decisions made based on this research.
Nifty Trading Strategy 21st January 2024Nifty Trading Strategy
Buy Strategy:
Entry Point:
Condition: Wait for the 15-minute candle to close above 23,470.
Trigger: Buy when the price moves above the high of the 15-minute candle that closed above 23,470.
Targets: 23,510, 23,565, 23,640
Sell Strategy:
Entry Point:
Condition: Wait for the 15-minute candle to close below 23,170.
Trigger: Sell when the price moves below the low of the 15-minute candle that closed below 23,170.
Targets: 23,121, 23,040,22,990
Risk Management:
Position Sizing:
Use proper position sizing to ensure you do not risk more than 1-2% of your trading capital on a single trade. This helps to manage risk and protect your capital.
Diversification:
Avoid putting all your capital into a single trade or asset. Diversify your trades across different assets to minimize risk.
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.
NIFTY ANALYSIS!!!!!!!!nifty is not looking great now.
It is in bearish trend.
Look for price to break below 23100( blue line in the chart) to go for short in nifty.
If everything happens then price will drop even further in down direction.
I will update in coming days of this week if price shows reversal.
Other than that the price will fall towards red lines.
Trade through your models.
Don't scold me if it's wrong, I just share my views.
I don't take your financial losses and profits.
Learn to trade by yourself is better for you.
Nifty key levels for 20.01.2025Nifty key levels for 20.01.2025
If Nifty breaks the upper or lower range, we can expect momentum. The consolidation zone will be favorable for option sellers, while a breakout on either side will benefit option buyers.
Disclaimer:
These views are purely educational in nature. You are solely responsible for any decisions made based on this research.
Nifty Intraday Trade Setup | 19th January 2025Nifty opened with a gap-down around 23285 but remained weak for the whole day and made low near 23100.
Tomorrow, Sell Nifty if sustains below 23160 for the targets of 23120 and below marked level. On the other side, buy Nifty if sustains above 23220 for the targets of 23260 and above marked level on the chart.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 23220
Sell Below - 23160
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
Nifty analysis for 20/01/2025.Major levels
Support :-23130, 23050
Resistance ;- 23280, 23350, 23586
Market is still in a down trend on the major cycle. Bullish trend will only be confirmed once nifty starts trading above 24200 levels.
For now the market is for sell on rise.
Wait for the price action and enter only confirm trades as the volatility in the market is not giving any intraday opportunities to the trades.
Nifty Week AheadNSE:NIFTY is down 11.7% off its High Trading at a PE of 21.4x
Trade Setup:
It can be a Good 1:1 RISK-REWARD Trade. If the Base S1 is Broken it can further correct to Base S2. NSE:NIFTY is now in a downtrend Making Lower Low and Lower High on Daily Charts so there is a higher Probability.
Target(Take Profit):
21700 Levels or 100 WEMA for Positional & Swing Trader.
Stop-Loss:
Weekly Close above 50 WEMA For Swing Trader and 24700 for Positional Trader.
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Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NIFTY Intraday Trade Setup For 20 Jan 2025NIFTY Intraday Trade Setup For 20 Jan 2025
Bullish-Above 23320
Invalid-Below 23270
T- 23500+
Bearish-Below 23090
Invalid-Above 23140
T- 23850
NIFTY has closed on a bearish note with almost 1% cut last week. Weekly candle is a doji which can act as a continuation or reversal based on breakout of either high or low. In case low is broken then journey towards 21700 zone as per ABCD will proceed. In case 23400 is reclaimed then there will be a reversal scenario. 23320 and 23090 are Intraday levels for Monday's session.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 23320 then we will long for the target of 23510. Pullback needed before breakout.
For selling we need a 15 Min candle close below 23090. T- 22850.
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.
Nifty Trading Strategy for 17th January 2025Nifty Trading Strategy Using 15-Minute Candlestick
Buy Strategy:
Entry Point:
Condition: Wait for the 15-minute candle to close above 23,400.
Trigger: Buy when the price moves above the high of the 15-minute candle that closed above 23,400.
Targets:
First Target: 23,440
Second Target: 23,490
Third Target: 23,525
Stop-Loss:
Set a stop-loss order below the low of the 15-minute candle that closed above 23,400 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.
Profit Booking:
As the price reaches each target, consider booking partial profits to secure gains. For instance, sell a portion of the position at 23,440, another portion at 23,490, and the remaining position at 23,525.
Sell Strategy:
Entry Point:
Condition: Wait for the 15-minute candle to close below 23,300.
Trigger: Sell when the price moves below the low of the 15-minute candle that closed below 23,300.
Targets:
First Target: 23,260
Second Target: 23,220
Third Target: 22,175
Stop-Loss:
Set a stop-loss order above the high of the 15-minute candle that closed below 23,300 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.
Profit Booking:
As the price reaches each target, consider booking partial profits to secure gains. For instance, sell a portion of the position at 23,260, another portion at 23,220, and the remaining position at 22,175.
Risk Management:
Position Sizing:
Use proper position sizing to ensure you do not risk more than 1-2% of your trading capital on a single trade. This helps to manage risk and protect your capital.
Diversification:
Avoid putting all your capital into a single trade or asset. Diversify your trades across different assets to minimize risk.
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 strategy is based on historical data and technical analysis. Past performance is not indicative of future results. Trading involves risk, and you should only invest money that you can afford to lose. Always conduct your own research or consult with a financial advisor before making any trading decisions.
This detailed strategy provides comprehensive guidelines for trading Nifty with clear entry and exit points, stop-loss orders, trailing stop-losses, and defined targets based on the 15-minute candlestick chart.
Nifty key levels for 17.01.2025Nifty key levels for 17.01.2025
If Nifty breaks the upper or lower range, we can expect momentum. The consolidation zone will be favorable for option sellers, while a breakout on either side will benefit option buyers.
Disclaimer:
These views are purely educational in nature. You are solely responsible for any decisions made based on this research.
NIFTY Intraday Trade Setup For 17 Jan 2024NIFTY Intraday Trade Setup For 17 Jan 2024
Bullish-Above 23450
Invalid-Below 23400
T- 23600+
Bearish-Below 23270
Invalid-Above 23320
T- 23080
NIFTY has closed with 0.42% gain today. It opened with a big gap but could not sustain that and ended on intraday decline. Tomorrow 23450 will be important level for bullish move, we need a pullback breakout setup to consider this. Plain vanilla short below 23250 after flat opening.
Coming to Friday's trade setup, of index opens flat and a 15 Min candle closes above 23450 then we will long for the target of 23600.
For selling we need a 15 Min candle close below 23270. T- 23080.
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.
Nifty Trading Strategy 16th January 2025Nifty Trading Strategy
Buy Strategy:
Entry Point:
Condition: Wait for the 15-minute candle to close above 23,300.
Trigger: Buy when the price moves above the high of the candle that closed above 23,300.
Targets:
First Target: 23,360
Second Target: 23,410
Third Target: 23,445
Stop-Loss:
Set a stop-loss order below the low of the 15-minute candle that closed above 23,300 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.
Profit Booking:
As the price reaches each target, consider booking partial profits to secure gains. For instance, sell a portion of the position at 23,360, another portion at 23,410, and the remaining position at 23,445.
Sell Strategy:
Entry Point:
Condition: Wait for the 15-minute candle to close below 23,130.
Trigger: Sell when the price moves below the low of the candle that closed below 23,130.
Targets:
First Target: 23,070
Second Target: 23,010
Third Target: 22,975
Stop-Loss:
Set a stop-loss order above the high of the 15-minute candle that closed below 23,130 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.
Profit Booking:
As the price reaches each target, consider booking partial profits to secure gains. For instance, sell a portion of the position at 23,070, another portion at 23,010, and the remaining position at 22,975.
Risk Management:
Position Sizing:
Use proper position sizing to ensure you do not risk more than 1-2% of your trading capital on a single trade. This helps to manage risk and protect your capital.
Diversification:
Avoid putting all your capital into a single trade or asset. Diversify your trades across different assets to minimize risk.
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 strategy is based on historical data and technical analysis. Past performance is not indicative of future results. Trading involves risk, and you should only invest money that you can afford to lose. Always conduct your own research or consult with a financial advisor before making any trading decisions.
Nifty key levels for 16.01.2025Nifty key levels for 16.01.2025
If Nifty breaks the upper or lower range, we can expect momentum. The consolidation zone will be favorable for option sellers, while a breakout on either side will benefit option buyers.
Disclaimer:
These views are purely educational in nature. You are solely responsible for any decisions made based on this research.
Nifty weekly expiry analysis for 16/01/2025For last 2 trading session nifty is consolidating in a box, while banknifty is moving 400-500 points in intraday and tomorrow is it's weekly expiry.
If the market starts trading outside the box, there is high probability of forming a trending day for the index.
Market had respected the round number support of 23k. It can either retest the support or even breach the recent low to test the support trendline.
Major levels (for intraday)
Support :- 23135, 23000
Resistance :- 23285, 23380
Wait and watch the price action for confirming the direction and intensity of the move.
Nifty: Breakdown Structure in PlayNifty has entered a breakdown structure around 23,460. Sustaining below this level could lead to a test of the 22,700 zone.
Bulls may regain strength only if Nifty reclaims the 23,500 area. Watch these levels closely for the next move.
Disclaimer :
This analysis is for informational purposes only and not financial advice. Conduct your own research or consult a financial advisor before making trading or investment decisions.
Nifty key levels for 14.01.2025Nifty key levels for 14.01.2025
If Nifty breaks the upper or lower range, we can expect momentum. The consolidation zone will be favorable for option sellers, while a breakout on either side will benefit option buyers.
Disclaimer:
These views are purely educational in nature. You are solely responsible for any decisions made based on this research.
Nifty 50 at a Critical Support: Rebound or Further Decline?Hello everyone, i hope you all will be doing good in your life and your trading as well, today i have brought a daily timeframe analysis on Nifty which is trading within a Bearish Falling Channel and recently broke down from a smaller Bullish Channel , indicating continued weakness. It is now approaching a Strong Support Zone , which could either lead to a rebound or a fall toward 22,246 if the support breaks. The RSI shows bearish divergences aligning with past declines, while recent bullish divergence suggests possible support. This is a key level to watch closely.
Disclaimer: This post is for educational purposes and not financial advice. Always do your research and manage your risk.
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