Nifty levels - Nov 16, 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!
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Nifty Long term Analysis || Nifty has taken support at 200-D EMAGood Morning traders and Investor.
Hello Guy's i have come through my analysis that, if Nifty hold this recent lows (18837) then there is higher probability, we can see nifty towards all time high in coming months. Why i am telling all this, because Nifty has taken exactly support at 200 Day EMA, this is a positive indication that, nifty will fly from here, i mean there is some hurdles in between but overall nifty will cross all hurdle and will go towards all time high. If nifty able to reclaim 19250 above levels successfully then huge one sided momentum can be seen on chart.
November Month option data also suggesting 19000 Levels is going to act strong support zone for nifty in November Month, as highest OI data has seen on 19000 Put is (5430750), and PCR showing (2.08), it's a clear view that, a higher upside momentum is expected in coming next month.
So guy's our strategy should be in market to buy on dips, if you observe in yesterday session, First nifty had opened flat and then it has made low at 18940 and then it has given a huge rally from bottom and made day's high at 19158 and then we have seen closing at 19140. So this is a clear indication that any dip in market is going to become a huge opportunity to accumulate more in downlevels.
Important Levels for Nifty in coming months:-
Accumulate in between 19200-19050,
keep stop loss at 18745
Targets will be 19524/19856/20216.
Note:- Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou
NIFTY Prediction for 15 Nov 23As we have been discussing NIFTY is in the Channel and it has faced resistance upside and now at the moddle of the channel. if it comes to downside it will be continuing it move to downside till the lower support of the channel.
Reasons:
4H-tf Trendline as resistance upside.
trading at middle of. channel, might take support from here.
if breaks to downside possible support are EMA 200 and channel lower support.
RSI is in the range of 40-60 mostly sideways.
Last hour heavy volume Selling, shows quite the intrest in bearish side.
PCR = 0.82 (Neutral)
Price >> VWAP (Bearish sign) can't stay far for long time.
Verdict:
If Breaks middle of the channel then Bearish. else play neutral.
Plan of action:
SELL 19450 CE and hold it.
13th Nov ’23 - Nifty PostMortem - Just like a DIWALI rocket ⬆️⬇️Nifty Analysis
Recap from yesterday: ”For monday, I wish to continue with the neutral stance — but a slight bias to the bullish side after seeing today’s momentum. The first level to watch will be 19562 on the upside and 19310 downside.”
On the 5mts TF, I have encircled 3 regions.
The close on Friday.
The Diwali Muhurat trading on Sunday.
The close of today.
Sunday’s trade appears to be a blip. Just like the fireworks that we light on Diwali - they go up, illuminate, and then fall back to the ground. Our market was like that rocket on Sunday. A mega gap up, island day formation, and then back to earth after today’s close. Even I did not anticipate the neutral call to work out so perfectly.
Few things have changed after today’s price action. 19446 support/resistance is proving to be more important than thought earlier. Today between 10.05 to 10.20, I really thought we would break it for the greater good and go back to bearish mode. Unfortunately, all the action stopped after the first hour of trade today and we were perfectly directionless for the remainder of the day.
On the 1hr chart, today’s 2nd hourly candle stands out. It broke through the 19446 support but failed to gather steam. The depth of that candle should not be taken lightly, I am seriously considering looking out for bearish opportunities as they uncover. Since its a holiday tomorrow, the view for Wednesday could be a bit complicated. Ideally, I wish to maintain the neutral stance as nothing has changed but how SP:SPX behaves today and tomorrow also has to be considered.
The first checkbox to tick is a rising VIX, only then a down move can be justified. The options premiums as it stands are not worth selling. A bit of uncertainty and panic will drive up the premiums & I am ready to wait.
Nifty levels - Nov 15, 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 SHORTNifty is currently forming the 5th wave of Supercycle degree, and there's an anticipation of a 5th wave failure. This is expected to mark the conclusion of the rally that began on March 23, 2020. Following this, a decline is anticipated, targeting the range of 15,000 to correct the entire impulsive move.
Nifty Live Intraday Updates for 11-11-2023Nifty important levels to watch are as follows
#Support: 19330
Sell below: 19330 only on 15 minute candle closure below the level.
Target 1: 19300
Target 2: 19270
Target 3: 19250
#Resistance: 19365
Buy Above: 19365 only on 15 minute candle closure Above the level.
Target 1: 19390
Target 2: 19420
=> # 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 levels - Nov 13, 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 50 - Target Levels - 10.11.23Its Helpful & Useful For Freshers, Newers & Beginners Of Trading...
Learn & Earn With You Own...
Bank Nifty Spot Price : 43658.65 India Vix Spot : 11.04% -
Nifty Daily Range : 43406 To - 43911
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
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9th Nov ’23 - Nifty PostMortem - The opening candle surprises...Nifty Weekly Analysis
Between the last expiry and today, Nifty has risen 260pts ~ 1.36% and has crossed 2 important resistance levels. The bullish momentum has stalled a little bit from 6th of Nov. If further trades happen toward the downside, then the current level will act as a lower high.
Nifty Today Analysis
Recap from yesterday: “In line with yesterday’s research, I have changed my stance from bullish to neutral. To go long not only Nifty has to break through the 19446 barrier but trade above 19561 levels. Whereas to go short, a break below 19310 would be enough.”
The opening 5mts candle surprises again, it tells me there is some seller who wishes to push the market down very seriously but not getting enough participants. So the first candle is in deep RED and then we recover that dip till noon.
Nifty was unable to break through the 19446 resistance twice today - which shows the lack of momentum for the bulls. Even though I changed my stance to neutral, it did not help me win money in today’s expiry. Primarily because the options premiums were too low that I did not feel selling too close to the money. Secondly, the bearish move came very late in the day that it did not really help my long PUT position. I took long PUT to counterbalance the long CALL when we were bullish. Against the long PUT, I shorted OTM PUTS to offset the premium paid. Net result - no win, no loss.
On the 1hr TF, it seems like we are making an interim top as multiple attempts to break through @ 19446 have failed. For tomorrow, I wish to maintain my neutral stance but wish to go short if 19310 gets broken. Somehow I feel the chances of a fall have a higher probability than a rise. If we are breaking 19446 tomorrow, then I would like to wait till 19562 gets broken to change my stance to bullish.
Nifty levels - Nov 10, 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 09-11-2023Nifty important levels to watch are as follows
#Support: 19395
Sell below: 19395 only on 15 minute candle closure below the level.
Target 1: 19350
Target 2: 19300-19280
#Resistance: 19460
Buy Above: 19460 only on 15 minute candle closure Above the level.
Target 1: 19510
Target 2: 19580
=> # 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 Intraday Trade Setup | 9th NovGift Nifty indicating a flat to minor gap-up opening. Nifty has to sustain above 19460 to give more upside towards 19490 - 19500. On the other side, Nifty looks weak below 19400 for down move.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 19460
Sell Below - 19400
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
Nifty Intraday Anlysis || Expiry Special Hero Zero TradeGood Morning Everyone,
Nifty closed its rangebound session on a positive note and formed a Dogi kind of candlestick pattern on the daily charts for yet another session on the yesterday session. Nifty is trading in higher highs higher lows for the fifth consecutive session. Bulls are still holding the game. If nifty is giving strong closing 19450 above then next hurdle we can face 19550-19600 levels. I think above 19550, everyone should book profits for short term. on downside 19300 is going to act strong support zone, if that breaks disaster can happen. Well we are going to act according to Chart and data.
Important Levels for Nifty:-
Intraday support zone 19400
Intraday Resistant zone 19500
Important Support Zone 19300
Important Resistant Zone 19600
Buy above 19456, if levels sustains at least for 30 Mints.
Targets we can see in upside 19533/19581
Keep stop loss at 19381
Sale below 19383, if levels sustains at least for 30 Mints.
Targets we can see in downside 19334/19275
Keep stop loss at 19456
Note:- Hero Zero Trade will be in 2nd half somewhere 1:15pm. So, we will update in afternoon according to price action, so stick with us and follow us to get notity at right time. Till then enjoy but don't overtrade and Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
NIFTY 50- Target Levels - 09.11.23.
Its Helpful & Useful For Freshers, Newers & Beginners Of Trading...
Learn & Earn With You Own...
Nifty Spot Price : 19443.5. India Vix Spot : 11.04% -
Nifty Daily Range : 19331 To - 19556
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 9, 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 Intraday Trade Setup | 7th NovGift Nifty indicating a flat to minor gap-down opening. Nifty has to sustain above 19430 to gain strength which can take Nifty towards 19460 and upper levels. On the other side, Nifty looks weak below 19310 for fresh selling.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 19430
Sell Below - 19310
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!