Get started

Niftytradingidea

BankNifty: Inverted Head & Shoulders Breakout! Targeting 55,000The NSE:BANKNIFTY index is showing a classic Inverted Head & Shoulders pattern on the daily chart, a bullish reversal structure indicating potential upside momentum. The neckline has been decisively broken with strong volumes, validating the breakout. Pattern Breakdown: Left Shoulder: Developed between 26th october to 6th Nov'24 . Head: Marked the lowest point near 49797. Right Shoulder: Recently formed at higher lows, confirming bullish sentiment. Neckline: Positioned around 52550, which now acts as a support zone. Target Calculation: Using the pattern height (distance from the neckline to the head), the projected upside target for BankNifty is approximately 55,000. Key Levels to Watch: Support: The neckline at 52550 should act as immediate support. Resistance: Minor resistance can be seen at intermediate levels such as 53460 & 54460. Caution: While the breakout is promising, traders should monitor global cues, interest rates, and sectoral performance, which might impact the BankNifty index. Risk management is essential. This analysis is for educational purposes. Always consult your financial advisor before making trading decisions.
NSE:BANKNIFTYLong
by raigvivek
Nifty Intraday Levels | 25-SEP-2024#Optionbuyers #Niftyoptionscalping 1️⃣ Zones you always Like:- 👉Green zone- Institutional support 👉Red zone - Institutional resistance 👉Gap between institutional zones is always of 100-200 points 👉Zone is created with the help of pivot points and Fibonacci 👉Advance version of price action 👉Trades based on Nifty future chart 2️⃣ Trade Execution:- 👉Trade based on order flow data 👉Timeframe - 1 min and 5 min 👉Risk Reward Ratio always 1:2 👉Strike price always ATM & slightly ITM 👉Maintain Position sizing according to your own method 3️⃣ House Rules in trading:- 👉Sharp at 9:15 AM 👉Priority to risk management 👉Fast execution (morning breakfast) 👉Stop-loss 10 points (strictly) #ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌 🙏FOLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view !
NSE:NIFTY1!
by ReviveTraders
Nifty Intraday Levels | 26-AUG-2024#Optionbuyers #Niftyoptionscalping 1️⃣ Zones you always Like:- 👉Green zone- Institutional support 👉Red zone - Institutional resistance 👉Gap between institutional zones is always of 100 points 👉Zone is created with the help of pivot points and Fibonacci 👉Advance version of price action 👉Trades based on Nifty future chart 2️⃣ Trade Execution:- 👉Trade based on order flow data 👉Timeframe - 1 min and 5 min 👉Risk Reward Ratio always 1:2 👉Strike price always ATM & slightly ITM 👉Maintain Position sizing according to your own method 3️⃣ House Rules in trading:- 👉Sharp at 9:15 AM 👉Priority to risk management 👉Fast execution (morning breakfast) 👉Stop-loss 10 points (strictly) #ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌 🙏FOLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view !
NSE:NIFTY1!
by ReviveTraders
Nifty SpotDuring the week from August 19 to August 23, 2024, the Nifty 50 index displayed a steady recovery after a prior downtrend earlier in the month. The index began the week with a bullish momentum and closed on August 23 at 24,823.00 Key drivers behind this recovery included a robust performance from mid-cap and small-cap stocks, as well as contributions from sectors like banking and auto. Despite some cautious sentiments due to global uncertainties and anticipation surrounding Jerome Powell’s Jackson Hole speech, the overall trend remained positive. Key Levels marked. 25100 odd levels likely a hurdle..
NSE:NIFTY
by emraldconsul
Nifty Intraday Levels | 6-AUG-2024#Optionbuyers #Niftyoptionscalping 1️⃣ Zones you always Like:- 👉Green zone- Institutional support 👉Red zone - Institutional resistance 👉Gap between institutional zones is always of 100 points 👉Zone is created with the help of pivot points and Fibonacci 👉Advance version of price action 👉Trades based on Nifty future chart 2️⃣ Trade Execution:- 👉Trade based on order flow data 👉Timeframe - 1 min and 5 min 👉Risk Reward Ratio always 1:2 👉Strike price always ATM & slightly ITM 👉Maintain Position sizing according to your own method 3️⃣ House Rules in trading:- 👉Sharp at 9:15 AM 👉Priority to risk management 👉Fast execution (morning breakfast) 👉Stop-loss 10 points (strictly) #ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌 🙏FOLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view !
NSE:NIFTY1!
by ReviveTraders
Very Short Term Trading Idea in Cholamandalam Inv for 10% UpsideHi, NSE:CHOLAFIN has given a Bullish Flag Breakout on Hourly charts with very good volume. MACD is also on the bullish side on Daily and Monthly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose. Don't Forget to Follow me 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:CHOLAFINLong
by raigvivek
Nifty Trading Plan for Second week of Sept 2023 Nifty End of Day Analysis Helps Traders to Understand the Nifty sentiment and Identify Potential Trading Opportunities for the Next Trading Day in Nifty future or Nifty option Nifty Support Nifty Support 1 - 19358 Nifty Support 2 - 19240 Nifty Support 3 - 19180 Nifty Resistance Nifty Resistance 1 - 19470 Nifty Resistance 2 - 19570 Nifty Resistance 3 - 19680 Nifty Trend Signal From Open Interest Analysis PCR ratio as per Option Chain Analysis - 1.1 ( Bullish) Max Pain As per Option Chain Analysis - 19400 Major Resistance as Per Nifty Open Interest Analysis - 19600 Major Support as Per Nifty Open Interest Analysis - 19300 Long Opportunity in Nifty for Intraday Trading On Friday Nifty took Support sustained above 19250 and Completed the Target of 19460 Tomorrow First Buying opportunity will be above 19360 and if the Nifty Open Gap up then the Buying opportunity will be Near 19460 or 19480 Nifty Short opportunity As we Know Nifty just changed a short-term downtrend, so Now don't expect big downside movement till Nifty goes below 19300 If nifty Sustain below 19570 then try to buy nifty Put or Short nifty keep a small stop loss and a small target If Nifty Goes below 19350 then Take a short trade for big targets If you Like our Trading Plan Please Like and Share
NSE:NIFTYLong
by manojshinde27
Nifty: Friday - 20/01/23Nifty Intraday Levels: Chart: Logic: Levels: Support: 18070, 18020, 17970, 17920 Resistance: 18150,18175, 18265 OI Data: ---------------------------------------------------------------------| Nifty => Price: 18107.85 ATM: 18100 , ITM: 18050, 18000, 17950 , OTM: 18150, 18200, 18250 ---------------------------------------------------------------------| Highest OI Call in Nifty per OI data: 18150 Highest OI Put in Nifty per OI data: 18100 Nearest Major Resistance in Nifty per OI data: 18350 Nearest Major Support in Nifty per OI data: 17950 ---------------------------------------------------------------------| Trade setup: +++++++++++++++++++++++++++++++++++++++++ Trade | Level | SL | T1 | T2 ----------------------------------------- BUY | > 18200 | 18160 | 18300 | 18350 ----------------------------------------- SELL | < 18130 | 18170| 18050 | 18000 +++++++++++++++++++++++++++++++++++++++++
NSE:NIFTYLong
by pradipandsuvra
Nifty: Tuesday - 29/11/22Levels: Support: 18530, 18440, 18375, 18300 Resistance: 18610, 18745, 18850 OI Data: ---------------------------------------------------------------------| Nifty => Price: 18562.75 ATM: 18550 , ITM: 18500, 18450, 18400 , OTM: 18600, 18650, 18700 ---------------------------------------------------------------------| Highest OI Call in Nifty per OI data: 19000 Highest OI Put in Nifty per OI data: 18500 Nearest Major Resistance in Nifty per OI data: 18750 Nearest Major Support in Nifty per OI data: 18550 ---------------------------------------------------------------------| Trade setup: 1. If Nifty Opens up more than 200 points, safely sell. 2. For any buy trade, follow the N pattern (let the price run above the level, let it retrace back to the level and let it hold the level as support) 2. For any sell trade, follow the mirror-N pattern (let the price fall below the level, let it pulls back to the level and unable to pass through the level as resistance). +++++++++++++++++++++++++++++++++++++++++ Trade | Level | SL | T1 | T2 ----------------------------------------- BUY | > 18560 | 18520 | 18650 | 18700 ----------------------------------------- SELL | < 18520 | 18560 | 18450 | 18400 +++++++++++++++++++++++++++++++++++++++++
NSE:NIFTYLong
by pradipandsuvra
Simple Trade Setup | NIFTY | 05-09-2022 [INTRADAY]NSE:NIFTY Trade Setup for 05-09-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:NIFTY
by Trading_hawk
Simple Trade Setup | NIFTY | 04-08-2022 [INTRADAY] NSE:NIFTY Trade Setup for 04-08-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:NIFTY
by Trading_hawk
Nifty Trade Plan for 22 AUG 2022Nifty Trade Plan for 22 AUG 2022 Nifty is bullishly biased for the day with a solid bullish closing and managed to close above key resistance level of 16600. Expecting a gap up opening in Nifty around R1 resistance levels. If R1/Bullish Break Out is taken on opening 15-30 min we can possibly expect T1/T2 Targets today. In case if R1/Bullish Breakout is not taken out on opening then we can possibly expect Nifty to be retest Bullish Reversal Zone and then bounce back on upside. Any compromised of CPR we can possibly expect S1 and then PDL.
NSE:NIFTY1!
by RaviChandran_Rajkumar
Nifty Daily Levels Update For Option Day Trading First Possible Trade in Nifty , If Nifty Open Gap Down Near Suport Zone Tread Entry  If Nifty Sustain Above Support Zone (16230 -16248) You can Buy 16250 ATM CALL OPTION       Trade Target  First Target For Nifty - 16300 and Second Target For Nifty is 16368   Tread Stoploss If Nifty Index 30 min. Candle Closes Below Support Zone (16248 -16230 ) , Exit From Up Side Trade Or maximun 20/25 points Stoploss Tomorrow Put Side Posiible Trade in Nifty - If Nifty Open Near Resistance Zone Tread Entry  If Nifty Sustain Below   Resistance Zone  (16368 -16354 ) You Can Buy 16350 ATM PUT OPTION Trade Target  First Target For Nifty - 16250 and Second Target For Nifty is 16150   Tread Stoploss If Nifty Index 30 min. Candle Closes Above Resistance Zone (16368 -16354 ) , Exit From Down Side Trade Or maximun 20/25 points Stoploss
NSE:NIFTYLong
by manojshinde27
Simple Trade Setup | NIFTY | 04-07-2022 [INTRADAY]NSE:NIFTY Trade Setup for 04-07-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:NIFTY
by Trading_hawk
Simple Trade Setup | NIFTY | 29-06-2022 [INTRADAY]NSE:NIFTY Trade Setup for 29-06-2022 This setup is prepared with consideration of gap down opening. 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:NIFTY
by Trading_hawk
Nifty Daily Levels Update For Option Day TradingNifty Trading Strategy with Support & Resistance| Nifty Prediction 2022 Nifty Trading Setup Resistance As Per Open Interest – For Next Trading Days before Expiry on 16 june 2022 Nifty Has Maximum Call Side Open Interest ( Call Writing ) on 16300 Call ,16400Call & 16500 Call Support As Per Open Interest – For Next Trading Days before Expiry on 16 june 2022 Nifty Has Put Writing on 16000 , 15900 but as compare to Call Writing its very Less
NSE:NIFTYShort
by manojshinde27