Get started

Niftytradesetup

25 Apr 2024– Nifty50 gets a stance upgrade, bullish! 🐂🐂🐂Nifty Analysis - Stance Bullish ⬆️ Recap from yesterday: "For tomorrow, we wish to maintain the neutral stance and look for bearish opportunities if 22295 is getting broken. If the index moves up, 22519 would be our first level to watch for." Kotak Bank started the day with cuts of -10% due to the RBI news impact from yesterday. The spillover effect was visible on all Nifty components prompting a gap down open. It was the consensus trade and we were all ready for it. The first surprise came when we closed the gap by 09.43 even while Kotak was at -10%. The excess trade due to the short-covering bounce was visible between 10.19 to 10.51. The second surprise came when Nifty started rallying from 22400 levels to 22625 between 12.59 to 14.35. This is the 2nd expiry in which Nifty has gone ballistic. I am not sure if it was SL hunting, but it messed up my Algo trades and had to close at a loss of Rs43092 on Nifty. The 321pts intraday rally has ensured N50 gets a stance upgrade to Bullish with the next target being the ATH. If it takes out the ATH, then we can safely remove the double top pattern.
NSE:NIFTYLong
by viswaram
#Nifty directions and Levels for April 25th.Good morning, friends! Here are the directions for April 25th: The global market trend is moderately bearish, supported by the Dow Jones, while our local market sentiment indicates a moderately bullish trend. It might open with a gap-down start, as suggested by GiftNifty, showing a decrease of -70. Nifty had closed with consolidation in the last session. In this session, if it opens neutral to gap-up, then we can expect a range breakout, but GiftNifty indicates a slightly negative start. So, it might take a little correction, retracing to a minimum of 23% to 38% Fibonacci level. If this happens, don't take any advance long positions around the 38% level because the structure may not be clear here compared to BankNifty. so If it consolidates around the 38%, then the correction continues further, and you can fix the next target Fibonacci level at 50% The alternate variation suggests that if the gap-down doesn't sustain and takes an immediate pullback, then it might undergo further range market. After that consolidation, if it breaks the previous high, then we can expect a rally continuation. However, if the market opens against the sentiment, which means if the market opens neutral or gap-up, then we can expect a rally, potentially breaking the previous high.
NSE:NIFTY
by Manickamtraders
24 Apr 2024– Neutral and Out of steam, what is next? Nifty50Nifty Analysis - Stance Neutral ➡️ Recap from yesterday: "For tomorrow we wish to start the day with a neutral stance and look for bullish opportunities as soon as it reaches for the 22519 levels." Another flat day, but the options premiums were not behaving as usual. The blame may be on VIX as the premiums were dead low that even a small 50+ points move created a huge skew between the Put and Call prices. India vix staying @ 10.2 levels is not a good sign for professional options traders as a small move will upset the premiums. A better alternative is you use spreads like credit/debit spreads - buy a strike, sell strike+1 etc, so that the premiums move in tandem and the volatility contraction may not impact that much. But I assume most of the Algos may not have spreads as the core strategy, to begin with. For tomorrow, we wish to maintain the neutral stance and look for bearish opportunities if 22295 is getting broken. If the index moves up, 22519 would be our first level to watch for. Algos ended up gaining Rs5496 today.
NSE:NIFTY
by viswaram
Monthly Expiry Special Nifty & Bank Nifty Analysis For Apr 2024In this video, we'll discuss about Today's Market Movement and Tomorrow's Analysis in Nifty, Banknifty and other segments too. Whether you're a seasoned trader or just starting in the stock market, this analysis will help you in Learning about Market. Let's get right into it! ✅I hope you liked the analysis. Be sure to hit that LIKE. 👍Like | 💬Comment | 👥Share Disclaimer : All views and charts shared in this video are purely for knowledge and information purposes only. Trading is Very Risky Business and it should only be done with proper Knowledge. It is very important to do your own analysis before making any investment based on your own personal circumstances. #TheStockMantra #MarketAnalysis #LearnStockMarket
NSE:NIFTY
by TheStockMantra
Nifty monthly expiry levels for intraday trade 25/04/24.The index for last 2 trading session is consolidating in a range between 22350-22480 and is sustaining above the moving averages. A halt candle has been formed after a gap down opening which signifies that the market may give a trending move in coming days. The drop in the VIX has killed the option premiums and there was option buyers are waiting for a buying opportunity in the market. Tomorrow is the monthly expiry for the index and as the market is behaving a move can be seen, if there is a slight gap up/down or a flat opening. If there is a flat opening and consolidation in the first half, the break out or break down in the second half can give a trending move. Major Support levels:-22330, 22240 Resistance levels :- 22480, 22610 Market has remained volatile this whole month. For last 3 months dojis can be seen on the charts showing confusion among the market participants. Wait for the market to clear the trend for positional trades. Price action around the levels should be there for entering a trade.
NSE:NIFTY
by TheMamboMomentum
FASP levels for Nifty 24/04/2024The FASP for Nifty is listed for 24-04-2024. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: 1 Day How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:NIFTY
by SathishChandrasekaran
3 Apr 24 Nifty50, VIX collapsing 20% means Advantage Bulls!Nifty Analysis - Stance Neutral ➡️ Recap from yesterday: "The 63mts time frame is not bullish yet, but we are not bearish now. The best we can think of right now is to go neutral. If we fall back below 22295 tomorrow, we might even go short." Nifty was perfectly neutral today after the opening candle. Since RELIANCE declared its quarterly results yesterday, we expected profit bookings on that counter. The mega gap-up and then cooling off on N50 was much attributed to RELIANCE's price action. Once N50 found support at yesterday's close, it decoupled itself from both RELIANCE and HDFCBANK price action. N50 was in green even when both the stocks were in red, that is not something we see usually. India VIX crashing almost 20% was another shocker for the Bears. Whenever we have dips, the Bears are unable to really punch a way through. The markets come back stronger than before and usually hit a newer top. A crashing VIX is advantage Bulls as it shows the uncertainty falling. For tomorrow we wish to start the day with a neutral stance and look for bullish opportunities as soon as it reaches for the 22519 levels. --- Nifty50 algos ended the day with profits of Rs12729 mostly due to the narrow range maintained by the index today.
NSE:NIFTY
by viswaram
NIFTY Intraday Trade Setup For 24 Apr 2024NIFTY Intraday Trade Setup For 24 Apr 2024 Bullish-Above 22450 Invalid-Below 22400 T- 22665 Bearish-Below 22340 Invalid-Above 22390 T- 22140 NIFTY has closed on a flat note today. Index opened with a 100 points gap up and then index turned sideways. 10 o'clock range was to be used as per trade setup but index did not break and traded within a tight range of less than 100 points. VIX crashed drastically and by this index once again is not good for intraday traders. VIX above 15-16 will bring intraday tradable environment. Index looks week below 22340 and this looks probable tomorrow. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 22450 then we will long for the target of 22665. For selling we need a 15 Min candle close below 22340. T- 22140. 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 & Bank Nifty Analysis For 24 Apr 2024In this video, we'll discuss about Today's Market Movement and Tomorrow's Analysis in Nifty, Banknifty and other segments too. Whether you're a seasoned trader or just starting in the stock market, this analysis will help you in Learning about Market. Let's get right into it! ✅I hope you liked the analysis. Be sure to hit that LIKE. 👍Like | 💬Comment | 👥Share Disclaimer : All views and charts shared in this video are purely for knowledge and information purposes only. Trading is Very Risky Business and it should only be done with proper Knowledge. It is very important to do your own analysis before making any investment based on your own personal circumstances. #TheStockMantra #MarketAnalysis #LearnStockMarket
NSE:NIFTY
by TheStockMantra
#Nifty directions and levels for April 23rd.Good morning, friends! Here are the directions for April 23rd: The global market trend is moderately bullish, supported by the Dow Jones, while our local market sentiment also indicates a moderately bullish trend. It might open with a gap-up start, as suggested by GiftNifty, showing a +30 point increase. Nifty experienced a minor pullback with some consolidation in the last session. There have been no changes in the previous sentiment. GiftNifty suggests a minor gap-up start, so the market may open positively; after that, if it sustains, we can expect a rally continuation with minor consolidation, targeting a minimum of 22476. If you're wondering whether it may reach the fib level of 78%, the answer is, if the rally has a solid structure, then it may reach the fib level of 78%; otherwise, it will be rejected above the level of 22476. Similarly, alternative variations also suggest the same bullish sentiment. Until the market breaks the previous minor swing low, it may take a range market to rally continuation. On the other hand, if it breaks structurally, we can expect a minimum of 38% fib correction.
NSE:NIFTY
by Manickamtraders
Nifty is near resistance area - 22390 - 22400Nifty is near resistance area - 22390 - 22400 for 2 reasons, In charts its at reversal fib level of 0.618 and in derivatives data showing more call writers in Nifty and BN Index and in most of the BN - bank derivatives. I am not sure how index is going to fall in next 2 to 3 days remaining in this April contract. Either fall will be steep and faster or else break out will be with big green bars and bear gang including me has to book some losses in case of further strong upmove.
NSE:NIFTYShort
by venkatfx
NIFTY Intraday Trade Setup For 23 Apr 2024NIFTY Intraday Trade Setup For 23 Apr 2024 Bullish-Above 22390 Invalid-Below 22340 T- 22665 Bearish-Below 22190 Invalid-Above 22240 T- 22000 NIFTY has closed on a bullish note with 0.86% gain today. It opened with a big gap up and traded between 10 o'clock range for the whole day. However buy levels was respected as support irrespective of the gap up opening. Tomorrow on a flat opening if index breaks today's high then it will directly test 22665 zone. Bears will try to take charge below 22250 but for safer side plan short below 22190. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 22390 then we will long for the target of 22665. For selling we need a 15 Min candle close below 22190. T- 22000. 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 & Bank Nifty Analysis For 23 Apr 2024In this video, we'll discuss about Today's Market Movement and Tomorrow's Analysis in Nifty, Banknifty and other segments too. Whether you're a seasoned trader or just starting in the stock market, this analysis will help you in Learning about Market. Let's get right into it! ✅I hope you liked the analysis. Be sure to hit that LIKE. 👍Like | 💬Comment | 👥Share Disclaimer : All views and charts shared in this video are purely for knowledge and information purposes only. Trading is Very Risky Business and it should only be done with proper Knowledge. It is very important to do your own analysis before making any investment based on your own personal circumstances. #TheStockMantra #MarketAnalysis #LearnStockMarket
NSE:NIFTY
by TheStockMantra
Nifty intraday levels for 23/04/24.Nifty has been trading in the bearish zone and might be this is the retest as it has closed around 61.8% fib level. Market has taken support from the previous low of around 21800 and recovered closing around 22300 levels. There was a consolidation after a gap up opening and it closed around the opening price. If the market gives a gap down opening, there will be chance of bearish move as the market recovered quickly from the low. Major support levels :- 22160-230, 22000 (round number) The market on the hourly charts has closed above both the moving averages which shows some positiveness in the market. Resistance levels :- 22500, 22620 Wait for the price action near the levels before entering the market. Gaps can alter the trading plan. Watch the price action around the levels and trade accordingly.
NSE:NIFTY
by TheMamboMomentum
#nifty directions and levels for April 22nd.Good morning, friends! Here are the directions for April 22nd: The global market trend is bearish, supported by the Dow Jones, while our local market sentiment also indicates a moderately bullish trend. It might open with a gap-up start, as suggested by GiftNifty, showing a +160 point increase. Nifty had a solid pullback in the previous session. GiftNifty suggests that the pullback will continue into today's opening. The market may open with a minimum of 100 points positive; however, if it rejects around the immediate resistance level, it could retrace by a minimum of 23% to 38%. If this correction occurs, could we take it as a bearish trend structurally? The answer is no. Because the previous pullback occurred in a three-wave structure, then we can consider this correction as bearish. If the pullback were in a straight line, representing a single wave, then the bearish bias would be much less. After the minor correction, it may resume another pullback, indicating a range-bound market. Alternatively, if the opening market has a solid structure, then it may further rally with minor consolidations.
NSE:NIFTY
by Manickamtraders
Medium Term Trading Opportunity in Indian Hotels for >20% UpsideHi, NSE:INDHOTEL has given a Bullish Flag Breakout on Weekly charts with very good volume. MACD is also on the bullish side on daily, weekly and Monthly time frames. RSI is also on the bullish side on daily and weekly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop loss on Weekly Closing basis and targets mentioned on the charts for educational purpose. Don't Forget to Subscribe to get all the updates. Please share your feedback or any queries on the study. Disclaimer: Please consult your financial advisor before making any investment decision.
NSE:INDHOTELLong
by raigvivek