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Nifty Futures Intraday Levels | 26-JUNE-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
NIFTY50 - Weekly Index Analysis - 15th June #indices #nifty50NIFTY50 Analysis Update (1W TF) - 15th June, 2024 - Trading outside the channel as of now - The Resistance & Support Zones are marked out - This should help choosing our Swing Trades as well If you are in FOMO: - Then ensure to choose stocks that are at Weekly support levels only - Do not jump into falling knives which are away from their support levels Note: The charts will be updated as we go along. But please ensure to keep your Risk Management in play constantly for any and all swing trades. * Disclaimer
NSE:NIFTYLong
by TradeRyteStockz
#Nifty directions and levels for June 26th.Good morning, friends! 🌺🍬 Here are the directions for June 26th: The global market is showing a slightly negative sentiment, based on the Dow Jones. Our local markets are showing bullish sentiment. However, today, the market may open with a neutral to slightly gap-down start, as indicated by GiftNifty, which shows a decrease of 10 points (as of 8:00 AM). Nifty and Bank Nifty had a solid rally in the previous session. However, the structures are a little bit different. Let's look at each one individually. Nifty had a solid pullback in the previous session, so if the market opens neutral to slightly gap-down, then structurally, we can expect a maximum 23 to 38% correction. If it finds support there, we can expect minor consolidation for the rally continuation. This is the basic structure. On the other hand, if it breaks the 38% Fibonacci level on the downside, it may continue the correction further. Structurally, it could be in a flat correction. (Note: If the initial market takes a pullback and breaks the previous high, then the rally may continue further. However, the momentum could be less, so we can't expect a big rally. If we want a big rally, it would require a solid candle breakout or a minor consolidation around the immediate resistance level.)
NSE:NIFTY
by Manickamtraders
NIFTY Intraday Trade Setup For 26 Jun 2024NIFTY Intraday Trade Setup For 26 Jun 2024 Bullish-Above 23760 Invalid-Below 23710 T- 23918 Bearish-Below 23630 Invalid-Above 23680 T- 23460 NIFTY has closed on a bullish not with 0.78% gain today. It opened with a small gap up of 39 points above our buy level. Then 10 o'clock range broke upside above 23620 and gave a fantastic move till 23750. Tomorrow 23630 is going to be crucial level as it can act as a support zone but incase support is not taken and it sustains below this level then a good short side move can be seen tomorrow. For bullish move best will be pullback breakout of 23760. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 23760 then we will long for the target of 23920. For selling we need a 15 Min candle close below 23630. T- 23460. 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 Prediction for Tomorrow (Monday) 24 JUNAs we discussed, NIFTY opened high at resistance and fell to 200 EMA. After that, it became a roller coaster with a sideways wild move. If we look at the chart now: The market is having huge volatility, taking support at 200 EMA again and again, which shows a healthy bullish structure. But at the same time, trading in the zone, which I will suggest option buyers to stay away from. Support levels: 23432, 23339, and 23250 resistance levels: 23636 and 23828 If we look at the OI data: PCR = 0.92, which has changed from 1.19, shows mostly profit booking on both sides of the market. If we look at the last 3 hours, there was only CE windoff. 23500 is working as max-pain. 24000 has huge CE writing, which is going to provide good resistance, and on lower levels, 23000 is going to provide very nice support as it has huge PE writing. There has not been any fresh writing today. I am expecting the market: Case 1 : Sideways in range 23432 - 23636. Case 2 : Go with the breakout on either side; it breaks. Reason: RSI 40-60 indicating sideways momentum; EMA(13, 50) > Price > EMA(200), which indicates the indicesive market. PCR = 0.92, which has changed from 1.19, shows bulls do not have much confidence right now. We might see a bearish move soon. Price < VWAP shows a Bearish market structure. Verdict: Sideways or Bearish Case 1 : Sideways in range 23432 - 23636. Case 2 : Go with the breakout on either side; it breaks. Plan of action: Case 1 : Sideways-> Sell 23500 CE and 23500 PE (Hedge it with 10/- premium CE) Case 2 : Exit the opposite position on either side. It breaks the range.
NSE:NIFTY
by finnova_
2
Nifty Intraday Support & Resistance Levels for 25.06.2024Nifty opened gap-down on Monday, reacted from the 15m demand zone mentioned yesterday, and closed near the day's high. The weekly trend (50 SMA) remains positive, while the daily trend is still sideways. Support Levels: Near support/demand zone (15m): 23,430 - 23,469 Far support/demand zone (15m): 23,297 - 23,329 Further support/demand zone (15m): 23,232 - 23,268 Major support/demand zone (Daily): 22,642 - 22,910 Resistance Levels: Near supply/resistance zone (30m): 23,567 - 23,622
NSE:NIFTY
by PriteshPal
BANKNIFTY Intraday Trade Setup For 26 Jun 2024BANKNIFTY Intraday Trade Setup For 26 Jun 2024 Bullish-Above 52000 Invalid-Below 51890 T- 52550 Bearish-Below 51100 Invalid-Above 51210 T- 50570 BANKNIFTY jas closed on a flat note making it close inside 52k and 51100 range once again. Since last 3 sessions index has been trading inside this 900 points range. It opened with a gap down and 10 o'clock range was to be used as per trade setup, range broke upside above 51400 and gave a very good move till 51780. Tomorrow we will trade the discussed 900 points range breakout, keep non directional approach if not. Coming to Tuesday's trade setup, if index opens flat and a 5 Min candle closes above 52k then we will long for the target of 52550. For selling we need a 15 Min candle close below 51100. T- 50570. 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:BANKNIFTY
by Omahto
NIFTY Intraday Trade Setup For 25 Jun 2024NIFTY Intraday Trade Setup For 25 Jun 2024 Bullish-Above 23570 Invalid-Below 23520 T- 23745 Bearish-below 23350 Invalid-Above 23400 T- 23185 NIFTY has closed on a slight positive note today with 0.16% gain. It opened gap down and tested the support or sell level immediately. However 10 o'clock range was to be used as per trade setup, range broke upside above 23450 and gave a good move till 23550. I feel like the trend is missing and one should wait for clear price action in daily TF for a trend in short term. 23570 and 23350 are intraday levels for tomorrow. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 23570 then we will long for the target of 23745. For selling we need a 15 Min candle close below 23350. T- 23185. 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 25-06-2024 AnalysisHello Traders, Welcome to SriTrader5121 ______________________________________ Overall view for the day Buy - with the support of Important_level Sell - with the rejection of Important_level Major Support - Around 233## Major Resistance - Around 236## See the price action at our zones, take the trade according to your Risk - Reward. Happy Learning and Trading – SriTrader5121 _______________________________________ Rules to follow... 1) Wait for confirmation. 2) See the price action at our zones. 3) Trade with Strict Stop Loss. 4) Trade with Small Quantity. 5) Take entries based on Support & Resistance Zones. _____________________________________________________ Please take the trade according to the zones marked, with Risk-Reward. This is not a Buy or Sell recommendation to anyone. Take entries based on your own analysis and risk. This is for education purposes and a helping hand to learn trading in the live market. NOTE: Trade with Strict Stop Loss. It may or may not hit all levels / Zones. So one can book profit / loss based on your risk-reward or considering price action at the respective zone and how it works near that zone. I hope you all like my analysis. Follow me to get regular updates. Please do share your thoughts in the comment section. Please Hit a LIKE, it motivates me to do analysis and share with your trading friends.
NSE:NIFTY
by SriTrader5121
#Nifty Directions and levels for june24th.Good morning, friends! 🌺🍬 Here are the directions for June 24th: The global market is showing a moderately bullish sentiment, based on the Dow Jones. Our local markets are also maintaining this moderately bullish sentiment. However, today, the market may open with a gap-down start, as indicated by GiftNifty, which shows a decrease of 75 points (as of 8:00 AM). Nifty and BankNifty have both been maintaining a range-bound structure, with no significant changes. However, GiftNifty is indicating a negative start today. If the market breaks below the current range, a correction may be expected. Conversely, if it finds support at the immediate support level, it will likely return to its range. This is the basic structure we are observing. Additionally, I will share one thing: it has been a long consolidation period, so if it breaks, it could lead to a sharp correction. To determine if the correction will continue, we should check the volume and open interest (OI). If both increase, we can assume the correction may continue further. If they do not, we can't expect a significant correction.
NSE:NIFTY
by Manickamtraders
Nifty Intraday Support & Resistance Levels for 24.06.2024Nifty reacted from the 30m supply zone during intraday trading on Friday and closed near the day's low. However, it did not close below the crucial level of 23,442 mentioned in the last post. GIFTNIFTY is trading negative as of this post, indicating that we might see a decline in Nifty to 23,369 and below. The weekly trend (50 SMA) remains positive, while the daily trend is still sideways. Support Levels: Near Support/Demand Zone (15m): 23,334 - 23,369 Far Support/Demand Zone (15m): 23,297 - 23,329 Farther Support/Demand Zone (15m): 23,232 - 23,268 Major Support/Demand Zone (Daily): 22,642 - 22,910 As the 75m trend is still sideways, it is advised to take Confirmation entries for long trades in the 15m Demand/Support zone. Resistance Levels: Near Supply/Resistance Zone (30m): 23,567 - 23,622
NSE:NIFTYShort
by PriteshPal
Nifty weekly anlysis for 25/06/24.Nifty on the weekly time frame has formed a doji candle and closed only 35 points higher. Market is stretching a lot and there are chance of showing some profit booking or reversal as the candle on the dialy charts suggest. For last 5 trading sessions, nifty has remained in a 200-250 points zone. If nifty starts trading below 23415 levels, it can test minor support levels around 23300 and travel towards 23230 levels. Major support levels :- 23230, 22925 Resistance levels :- 23659 Nifty from the low of this month has travelled 970 points while still 5 trading session are there. In case of a break out, the market will be in an uncharted area can travel to the next thousands. On smaller time frame( 60 minute), nifty is trading below the 20 ema, resting on 50 ema and there can be chances of it testing the lower moving average. Watch for the moving averages trading strategy giving a entry or a fake down. Wait for the price action near the levels before entering the market.
NSE:NIFTY
by Mambotrade
NIFTY Intraday Trade Setup For 24 Jun 2024NIFTY Intraday Trade Setup For 24 Jun 2024 Bullish-Above 23680 Invalid-Below 23630 T- 23917 Bearish-Below 23390 Invalid-Above 23440 T- 23185 NIFTY has closed almost on a flat note last week. It has formed a spinning top candle in weekly TF which indicates halt or reversal of the uptrend. In case low- 23390 is crossed then it can act as a reversal signal in the short term. Above 23680 index may resume slow and steady upmove. Last week it was directionless market, we can expect directional move in the coming week. Be neutral till index is inside 23680 and 23390. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 23680 then we will long for the target of 23917. For selling we need a 15 Min candle close below 23390. T- 23185. 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
2