Nifty daily analysis for 08/11/23.Nifty has been forming gaps as there are gap up for last 2-3 trading sessions and is trading above both the daily moving averages.
On the hourly charts, the market seems to be consolidating in a range for last 2 days.
A break out can give a nice rally and nifty has more chances than the expiry index tomorrow.
Support :- 19330, 19270
Resistance ;- 19430, 19510
Wait for the market to give a break out or break down and watch for the price action near the level before entering the market.
Niftyview
Nifty levels - Nov 8, 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 07-11-2023 !! Nifty important levels to watch are as follows
#Support: 19350
Sell below: 19350 only on 15 minute candle closure below the level.
Target 1: 19300
Target 2: 19230
#Resistance: 19425
Buy Above: 19425 only on 15 minute candle closure Above the level.
Target 1: 19470
Target 2: 19540
=> # 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.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # 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 & Banknifty Structure AnalysisNSE:NIFTY
#NIFTY50 Daily Chart 📊
1st It is moving in a downtrend, and currently forming a pullback.
Pullback Started By taking support at 200 EMA and should approach the 50 EMA or The downtrend resistance line.
The Doji bars formed from the last 2 sessions will trigger a huge gap.
Open Will be around 19300 Zone.
There is multiple resistance marked on the chart,
If the first 5-minute candle sustains above opening then upmove till 19550 Is expected otherwise down move continues.
NSE:BANKNIFTY
#BANKNIFTY Daily chart 📊
Formed a range bar above 200 EMA after a fall and its near trend line + other resistance too.
From Gap up these multiple resistance will get cleared.
But For up move need to take confirmation of 1st 15 min candle closing.
Trend line resistance- 43625
50 EMA RESISTANCE- 44050.
There is a divergence in nifty and bank nifty movements as banknifty is reacting faster than nifty.
For More timely updates and new analysis Follow 🙏
Drop Your views in the Comment box.
Keep learning,
Happy Trading.
Nifty Live Intraday Updates for 06-11-2023 !Nifty important levels to watch are as follows
#Support: 19310
Sell below: 19310 only on 15 minute candle closure below the level.
Target 1: 19270
Target 2: 19220
#Resistance: 19360
Buy Above: 19360 only on 15 minute candle closure Above the level.
Target 1: 19390-19400
Target 2: 19440
=> # 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.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # 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 50- Target Levels - 07.11.23.Its Helpful & Useful For Freshers, Newers & Beginners Of Trading...
Learn & Earn With You Own...
Nifty Spot Price : 19411.5 India Vix Spot : 11.11% -
Nifty Daily Range : 19299 To - 19525
See My Reversal Target Level - Long Wick Is Shown Only. The Reversal Trend Is Activated. OtherWise Leave It. And Achieve The Target Point.
Second By Second Change The Trailing Stop Loss.. Don't Loss Your Hard Money..
Draw & Watch The Target Points :
Entry Point... & Stop Loss... & Target Point ...Is Yours...
In UpTrend (CE Buy).. Or DownTrend (PE Buy).. Every Target Point Is a Buy Entry Of After Small Retracement. Please Check.
(Watch 5 Days See My Option Strike Target Levels Is Accurate Or Not)
I Am Not Sebi Registered Analysis, This Is Education Purpose Only.
Dear Followers.. Trend Is Our Friend..
1. Draw The Lines In Your Trading View.. Then Only You Understand My Statistical Startegy.
2. Kindly Watch My Break Even Point. Every Day..
3. Above The Break Even Point.. Resistance Break.. UPTrend Starts.. Buy CE..
4. Below The Break Even Point.. Support Break.. DownTrend Starts.. Buy PE..
5. After Retracement.... Stop Loss is Above Or Below Break Even Point..
6. Stop Loss Is Must..
7. Watch 5 Mins Time Frame.. & 15 Mins Time Frame..
8. In Future i Analysis & Focus On Option Strike - Entry, Target, Stop Loss. Also..
9. Above The Target Point Create One 3 min / 5 min Candle. Then One You Take The Buy Entry.
Don"t Enter Blindly.
1. We Focus On Our Daily Analysis..
2. Combination Theory Of Delta, Gamma, Thetta, & Vega.
3. Selection Of OI Analysis.. & Determination Of Volume Calculation.. & Sum Of Implied Volatility Theory
4. We See 4 Types Of Fibinacci Retracement Levels..
(1.High To Low Fib Level, 2.Low To High Fib Level, 3.Long Fib Level & 4. Short Fib Level),
5. Techninal View On Break Even Point.. & Prediction Of Entry, Targets, & Stop Loss..
6. Wait For Support Breaking or Resistance Breaking.. That Time Watch The Market Carefully..
7. Market Moves in UpTrend or DownTrend..
8. Kindly Watch Both The Nifty Target Levels & Bank Nifty Target Levels in your Trading View..
Its Most Important For Daily Tradings..
9. Buy At Low.... Sell At High.... Is The Concept Of Day Tradings..
Kindly Follow My Channel & Like Your Support & Share My Ideas.
TAMIL.. TAMIL... TAMIL.... Engum Tamil.. Ethilum Tamil.. VALGA VALAMUDAN..
Ithu Oru Tamilanin Thoguppu..
Like Pannunga.. Comment Pannunga.. Share Pannunga.. & Profit Pannunga...
Marakkama Unga Friends & Relatives a - market1tomorrow - la Join Panna Sollunga..
This Is My Trading Phychology Of
market1tomorrow
6th Nov ’23 - Show of strength today - Nifty PostMortemNifty Analysis
Recap from yesterday: “On the 1hr TF, Nifty has made an odd-looking W pattern, technically its a bullish sign but we need confirmation of the same by taking out the 19310 resistance soon.”
A look at the chart will make you a believer in technical analysis. We required a gap-up to go past the 19310 because bulls could not win over the bears during trading hours - you could see that on the 2nd and 3rd Nov - read here. Once you have a gap-up, the dynamics change and the bears cede control quickly.
We tested the 19310 support twice, the 1st candle as well as the 11.05 candle. Since it was a rejection - the only way Nifty could go was up. Once BankNifty also started participating, the pace picked up by the afternoon. We did not test the next resistance of 19446 - maybe we will have another gap-up tomorrow at those levels.
This is not the first time Nifty has jumped levels via gap-ups. It has become highly predictable these days. When the big boys do a gap-up, the poor retail trader will have to run for cover. A short covering will further fuel the fire. For tomorrow, I wish to maintain the bullish stance with the first target of 19446 and then 19576. If we are going down, the first level to watch will be 19310.
NIFTY Time to Stay CautiousNifty has completed the retracement till the .5 & .618 fib levels of previous down leg(which also started after a similar retracement) There may be one more down leg remaining before the market finally decides to move up. The candles in this retracement have been not completely strong and have left some gaps on the downside, so the possibility of a another down leg is high.
Nifty levels - Nov 7, 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 prediction analysis for 6th NovNIFTY is moving in the rectangle Pattern which shows the higher HIGH and higher LOW.
on Friday market opened HIGH on the price-action resistance but could not break it to upside it consolidated whole day in a small range a bad day for option buyers. if NIFTY could break the resistance to upside then it can give a potential move for buyers.
Nifty seems neutral so far.
Reasons :
EMA 50, 200 as a nice support point. (Bullish)
Price-action Resistance to upside. (Bearish)
RSI <40,60> (sideways moment)
likely to take support 19075
PCR = 0.79 (Neutral)
Verdict :
Neutral
Plan of action :
wait for nifty to break rectangle inside rectangle go only for selling NO OPTION BUYING.
Nifty weekly analysis for 06/11/23.Nifty after a selling has recovered upto 50% fib levels. The market has formed a baby mother candle on the weekly charts and it still trading below the 20 ema.
Markets are not doing much during the trading hour as there is a gap up and consolidation during the trading session.
On the hourly charts the market has been trading in a range of not more than 60 points.
Support :- 19150, 19070
Resistance :- 19270, 19400
Much of the movement is not there in the market. Watch and confirm the setup as there is no follow through for last 3 trading sessions.
Wait for the price action near the levels before trading the market.
NIFTY 50 - Target Levels - 06.11.23Its Helpful & Useful For Freshers, Newers & Beginners Of Trading...
Learn & Earn With You Own...
Nifty Spot Price : 19230.6- India Vix Spot : 11.23% -
Nifty Daily Range : 19121 To - 19340
See My Reversal Target Level - Long Wick Is Shown Only. The Reversal Trend Is Activated. OtherWise Leave It. And Achieve The Target Point.
Second By Second Change The Trailing Stop Loss.. Don't Loss Your Hard Money..
Draw & Watch The Target Points :
Entry Point... & Stop Loss... & Target Point ...Is Yours...
In UpTrend (CE Buy).. Or DownTrend (PE Buy).. Every Target Point Is a Buy Entry Of After Small Retracement. Please Check.
(Watch 5 Days See My Option Strike Target Levels Is Accurate Or Not)
I Am Not Sebi Registered Analysis, This Is Education Purpose Only.
Dear Followers.. Trend Is Our Friend..
1. Draw The Lines In Your Trading View.. Then Only You Understand My Statistical Startegy.
2. Kindly Watch My Break Even Point. Every Day..
3. Above The Break Even Point.. Resistance Break.. UPTrend Starts.. Buy CE..
4. Below The Break Even Point.. Support Break.. DownTrend Starts.. Buy PE..
5. After Retracement.... Stop Loss is Above Or Below Break Even Point..
6. Stop Loss Is Must..
7. Watch 5 Mins Time Frame.. & 15 Mins Time Frame..
8. In Future i Analysis & Focus On Option Strike - Entry, Target, Stop Loss. Also..
9. Above The Target Point Create One 3 min / 5 min Candle. Then One You Take The Buy Entry.
Don"t Enter Blindly.
1. We Focus On Our Daily Analysis..
2. Combination Theory Of Delta, Gamma, Thetta, & Vega.
3. Selection Of OI Analysis.. & Determination Of Volume Calculation.. & Sum Of Implied Volatility Theory
4. We See 4 Types Of Fibinacci Retracement Levels..
(1.High To Low Fib Level, 2.Low To High Fib Level, 3.Long Fib Level & 4. Short Fib Level),
5. Techninal View On Break Even Point.. & Prediction Of Entry, Targets, & Stop Loss..
6. Wait For Support Breaking or Resistance Breaking.. That Time Watch The Market Carefully..
7. Market Moves in UpTrend or DownTrend..
8. Kindly Watch Both The Nifty Target Levels & Bank Nifty Target Levels in your Trading View..
Its Most Important For Daily Tradings..
9. Buy At Low.... Sell At High.... Is The Concept Of Day Tradings..
Kindly Follow My Channel & Like Your Support & Share My Ideas.
TAMIL.. TAMIL... TAMIL.... Engum Tamil.. Ethilum Tamil.. VALGA VALAMUDAN..
Ithu Oru Tamilanin Thoguppu..
Like Pannunga.. Comment Pannunga.. Share Pannunga.. & Profit Pannunga...
Marakkama Unga Friends & Relatives a - market1tomorrow - la Join Panna Sollunga..
This Is My Trading Phychology Of
market1tomorrow
Nifty levels - Nov 6, 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!
Bullish Harmonics In Nifty Be CarefullBullish Harmonics
1. Bullish Cypher - PRZ - 18951
2. Bullish Shark - PRZ - 18818
SL - 18666 ( Day Closing Basis )
Bullish Cypher Target - 19450 / 19600
Bullish Shark Target - 19375 / 19550
3. Bullish Alt Shark - PRZ - 18493
SL - 18300 ( Day Closing Basis )
Target - 19174 / 19385
Nifty Live Intraday Updates for 03-11-23 !Nifty important levels to watch are as follows
#Support: 19235
Sell below: 19235 only on 15 minute candle closure below the level.
Target 1: 19175
Target 2: 19110
#Resistance: 19265
Buy Above: 19265 only on 15 minute candle closure Above the level.
Target 1: 19300
Target 2: 19345
=> # 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.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # 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 analysis for 3rd NovAs we discussed nifty, it was expiry yesterday and was most of a sideways move. For the new week, it has some resistance to the upside, such as 200 EMA and price-action resistance. Once it breaks to the upside, we will see a significant move to the upside.
Reasons :
NIFTY is showing nice demand near 19000. also 50 EMA support to downside. (Bullish)
Price > EMA(13,50) also crossover successful. (Bullish)
PCR = 0.82 (Mild Bullish)
RSI crossing (40,60) ZONE to upside means entering bullish zone.
Verdict :
Bullish
Plan of action :
Observe the 15 min trend and go with the bullish trend.
#nifty direction and levels for NOV 3"Good morning, friends! As of November 3, the global market sentiment is bullish, as indicated by the Dow Jones. Our local market is also showing a moderate bullish trend. It may open with a long gap-down start because the gift nifty indicates 100+. If it opens with a long gap-up, we can expect a rally continuation when it sustains. On the other hand, if it doesn't sustain after the gap-up and undergoes a minimum 38% Fibonacci correction, we should consider this as a corrective change."
Nifty levels - Nov 3, 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 02-11-2023 !Nifty important levels to watch are as follows
#Support: 19105-19100
Sell below: 19105-19100 only on 15 minute candle closure below the level.
Target 1: 19060
Target 2: 19000
#Resistance: 19165
Buy Above:19165 only on 15 minute candle closure Above the level.
Target 1: 19210
Target 2: 19265
=> # 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.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator 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 direction and levels for NOV 2"Good morning, friends! As of November 2, the global market sentiment is bullish, as indicated by the Dow Jones. Our local market is also showing a moderate bearish trend. It may open with a long gap-down start because the Giftnifty indicates 150+. If it opens with a long gap-up, we can expect a rally continuation when it sustains (it should break the minor 78%). On the other hand, after the gap-up, if the market rejects around the minor levels of 61 or 78%, then we can expect a range market correction."