Niftyview
#nifty directions and levels for DEC 26th"Good morning, friends. Here are the directions for December 26th: The global market sentiment is moderately bearish, supported by the Dow Jones, while our local market sentiment shows a similar trend. It might open with a neutral to a gap-up start, as indicated by Giftnifty showing +45.
If the market sustains the gap-up or consolidates, we can expect a range market to pull back for continuation. On the other hand, if the initial market declines sharply or the initial pullback is rejected around the immediate resistance, then we can expect a correction. In my opinion, we are experiencing a range market structure, which is a challenging aspect of trading. Therefore, if we witness a solid structure or minor consolidation, we can consider this for a trend continuation trade."
NIFTY prediction for tomorrow 26 Dec 23NIFTY has been moving in the parallel channel, as has been marked on the chart. NIFTY has 200 EMA support downsides, which have not been tested once. Now, there are only 2 possibilities: it stays in the above channel, and it will be going high and touch the upper channel and face resistance there. But if it stays in the lower channel, then it will surely touch the 200 EMA.
Reasons:
Price = EMA(13,50) can go up or down. (Indecisive)
RSI is 40-60, mostly sideways momentum. (Sideways)
HH and HL formation trend is still bullish unless it makes the HL. (Bullish)
PCR = 1.12 shows bullishness in the trend. There are higher chances to stay in the above channel.
According to the OI data, 21300, 21200, and 21400 Have high PE Writing on the last trading day. But Overall, 21500 has been showing hard resistance 21200 as a support point. This week's expiry is expected to end in 21200-21500.
Verdict:
Bullish is in the green channel, and Bearish is in the red channel.
Plan of action:
Intraday: observe the 15-minute candle, then make the position based on chart analysis.
Weekly position : Sell 21200 PE + Sell 21500 CE.
Nifty - Weekly Analysis & Prediction for 26 to 29th Dec 2023Nifty Prediction for Tuesday and Next Week
BEARISH Trend & Strong Trending move is expected
I have marked the support and resistance levels in the chart which you it yours and plot the levels on your chart. Also I have marked the direction which Im expecting next week and for tuesday.
Demand and Supply Zones - When price breaks the zone, Demand zone will become Resistance and Supply zone will become Support.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Nifty levels - Dec 26, 2023Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
#Nifty directions and levels for DEC 22.#Nifty >
"According to the wave structure, it's within a range market zone. Even if it opens with a gap-up or initial market declines, we can expect a minimum correction ranging from 38 to 61%. This correction signifies a minor retracement within the range market. A significant correction is expected only if it breaks the previous low. Furthermore, a pullback continuation is anticipated only if it forms a solid opening structure (such as a long gap-up or consolidation followed by a gap-up)."
FASP levels for Nifty 22/12/2023The FASP for Nifty is listed for 22-12-2023. 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.
Nifty Live Intraday Updates for 21-12-2023Nifty important levels to watch are as follows
📍 Support: 20980
📊Sell below: 20980 only on 15 minute candle closure below the level.
📉Target 1: 20900
📉Target 2: 20790
📍 Resistance: 21090
📊 Buy Above: 21090 only on 15 minute candle closure Above the level.
📈Target 1: 21160
📈Target 2: 21240
⚡⚡ Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
⚡⚡Please refer our Indicators published on tradingview if you find it useful give it a like.
⚡⚡ Follow us for more such information, educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
Nifty - Intraday levels & Prediction - for 22 Dec 2023Nifty Prediction for tomorrow.
BULLISH from 21200 Demand zone
BEARISH possible only below 22173
Demand and Supply Zones - When price breaks the zone, Demand zone will become Resistance and Supply zone will become Support.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Nifty levels - Dec 22, 2023Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
Nifty view - 21 December 2023We could see a massive profit booking in Nifty yesterday. I was not active for a few days and will also not be very active in options. However, I'll be there in cash markets.
Today, we see record volumes with vix almost 14.5, making it perfect for buying and selling. I've marked the levels where I'll go long or short. For now, I'm neutral in the market and have sold appropriate options for today's expiry. Also, I would not recommend going long or short in today's expiry as it is very risky.
Nifty Live Intraday Updates for 20-12-23Nifty important levels to watch are as follows
📍 Support: 21430
📊Sell below: 21430 only on 15 minute candle closure below the level.
📉Target 1: 21380
📉Target 2: 21300
📍 Resistance: 20505
📊 Buy Above: 20505 only on 15 minute candle closure Above the level.
📈Target 1: 21550
📈Target 2: 21630
⚡⚡ Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
⚡⚡Please refer our Indicators published on tradingview if you find it useful give it a like.
⚡⚡ Follow us for more such information, educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
Nifty levels - Dec 21, 2023Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
#nifty directions and levels for DEC 20th"Good morning, friends. Directions for December 20th: The global market sentiment is bullish, supported by the Dow Jones. and our local market sentiment shows a bullish trend. It might open with a gap-up start based on Giftnifty, which shows +80.
Nifty has a strong bullish structure, and Banknifty has a range market structure; both indicate different conditions. Therefore, we don't know exactly which one is going to dominate. However, we can follow one thing: if the market has a solid candle structure or consolidation followed by a gap-up, then we can expect the rally to continue. On the other hand, if the pullback reaches the immediate resistance with minor consolidation (without strength), then the range will likely continue."
FASP levels for Nifty 19/12/2023The FASP for Nifty is listed for 19-12-2023. 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.
Nifty Live Intraday Updates for 19-12-23 !!Nifty important levels to watch are as follows
#Support: 21360
Sell below: 21360 only on 15 minute candle closure below the level.
Target 1: 21280
Target 2: 21150
#Resistance: 21455
Buy Above: 21455 only on 15 minute candle closure Above the level.
Target 1: 21500
Target 2: 21570
Target 2: 21700
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> # Please refer our Indicators published on tradingview if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
Nifty levels - Dec 20, 2023Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
#Nifty directions and levels for DEC 19th"Good morning, friends. Directions for December 19th: The global market sentiment is bullish, supported by the Dow Jones. However, our local market sentiment shows a bullish trend. It might open with a neutral start based on Giftnifty, which shows +3.
The previous sentiment has not changed. Structurally, the market is moving in consolidation (range market), so we should wait for the breakout. If it breaks the immediate resistance, then we can expect a rally continuation. On the other hand, if it breaks the immediate support, we can expect the 3rd minor wave, which might entail some long correction. However, the important thing is the structure; if it forms a solid structure, we can expect continuation; otherwise, the range will persist."
NIFTY analysis for tomorrow 19 Dec 23As we discussed yesterday, Nifty moved sideways. It gets rejected from the 21500. OI shows its preparation for the bearish move, as we can also see on the chart. I am expecting it to touch again, make the double top, and then come down.
Reasons :
OI has PCR 0.96, which is bullish. But there is a huge CE writing on 21400, 21450, and 21500, which shows that a bearish move is about to come.
RSI is showing bullish divergence, while RSI is 50 decreasing. Its a sign of weak bull power.
21500 is acting as nice Price action resistance; also, OI shows huge CE writing on 21500.
price > EMAs, which means bulls still have some power.
21250 will be acting as a nice price action support point.
all-important levels have been marked on the chart.
Verdict :
Sideways or Bearish
Plan of action:
Sell 21500 CE + Buy 21650 CE
Nifty - Intraday levels & Prediction - for 19 Dec 2023Nifty Prediction for tomorrow.
Gap up Open then BEARISH Reversal from 21482-21450
Bullish only above PDH / 21510
Demand and Supply Zones - When price breaks the zone, Demand zone will become Resistance and Supply zone will become Support.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Nifty levels - Dec 19, 2023Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
Nifty Live Intraday Updates for 18-12-23 !!Nifty important levels to watch are as follows
#Support: 21360
Sell below: 21360 only on 15 minute candle closure below the level.
Target 1: 21280
Target 2: 21150
#Resistance: 21490
Buy Above: 21490 only on 15 minute candle closure Above the level.
Target 1: 21570
Target 2: 21700
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> # Please refer our Indicators published on tradingview if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
NIFTY Prediction for tomorrow 18 Dec 23As we have been discussing, Nifty has bullishness, but as we see the last day, 15 minutes, it has given a selling candle with high volume pressure. It might take a little rest and sideways consolidation. But OI data still shows bullishness with PCR 1.45. we can expect a more bullish move on nifty.
Reason:
PCR 1.45 (very Bullish)
RSI 75 shows a very bullish Momentum. (Bullish)
21400 and 21300 have huge PE writing that shows the market is in control of bulls.
Verdict:
Bullish
Plan of action:
observe 15 15-minute candles and make the bull position.
Only go for PE selling. Don't go for a bearish position or buy CE.