Important Levels and Demand & Supply Zones for NIFTY50Please note that I am not a SEBI registered research analyst, and this analysis is not intended to be construed as a buy or sell recommendation .
As of 05th December 2023, NIFTY50 appears to have found support around the 18850 level and has been exhibiting a bullish trend, currently trading near 20800 . Based on my analysis, there is a possibility of a minor correction after this rally. In such a scenario, Nifty50 might experience a pullback to around 20,000 levels.
Traders and investors are advised to conduct their own thorough research and consider multiple factors before making any financial decisions. Always be aware of the risks involved in the stock market, and if needed, consult with a SEBI registered financial advisor for personalized advice.
This analysis is purely educational and aims to provide insights into the potential market movements based on technical indicators. It should not be misconstrued as a substitute for professional financial advice. Trade responsibly and within your risk tolerance.
Nifyt50
Nifty 50 for todayNifty 50 for today
Nifty 50 looking short down trend from at the level of 19700-750 . At this levels everyone looking for profit bookings until unless break up side 20,000. We have to wait for confirmation.
Today's outlook
If break 19700 then we can seen some downfall of 100-140+ points... Because 19600 after have GAP if market go on that zone then possible...
Nify Bearish then Bank nifty if you saw nifty in a daytime frame you saw a downside Trend nifty make from 20 July Exact Market Support 19250 which levels markt break 03 July Market Restest this level many times and for Tomorrow Market Need To Trade Above 19600 if Market Break this and sustenances Then We see a buying rally or short covering rally if market break 19250 then Market Fall Again 19000 But As Per OI Data Market have good PE seller at 19300 We can See A good upside Move in Nifty50
Nifty intraday levels 25/Aug/23Good morning Traders,
What was the session for yesterday in nIfty and other indices as well, Nifty opened at 19535 and climbed up to 19584 but bears turned active in late in the morning and taken nifty down towards 19369. Nifty had lost almost 200 points from day's high..Whatever opening gap was filled completely in same day. In daily Timeframe i have seen long bearish engulfing candle which is sign of bearish strengthen in Nifty.
According to open Interest highest call writing seen at 19400 strike followed by 19500 and 19600 strike. These levels can act key hurdle for nifty in near term.
Important levels for nifty:-
Support Zone 19200-19250
Resistance Zone 19400-19450
Buy only above 19384, if levels sustains at least for 30 Mints
Targets we can see in upside 19458/19553
Keep stop loss at 19301
Sale only below 19301, if level sustains at least for 30 Mints.
Targets we can see in downside 19258/19203
Keep stop loss at 19384
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
Sensex Expiry Day Special Analysis||Hero Zero TradeHello Traders Good morning. i hope you all will be doing good in Trading and in your life as well.
I have brought analysis on Sensex first time since i have started posting my ideas here, As we all know today's Sensex Expiry day. So will try to find a best trade from our analysis. Well i have marked all best possible levels for buying and selling. But still i will write here for more clarity, Levels are below.
Today's Important Levels for watchout in sensex:-
Buy above 65827 if levels sustains.
Targets will be 66072 (New all time high)
Stop loss will be 65570
Sale below 65570 if levels sustains,
Targets will be 65254/64988
Stop loss will be 65827
For Hero Zero Setup, you have to wait for perfect levels, i will update you if i will get any best trade setup related.
Note:- Hero Zero Trades are very highly risk and rewards trades, so trade carefully and always go in less quantities.
Disclaimer:- I Might be wrong in this analysis, so please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Please like, follow and comment your thoughts on my idea.
Thankyou.
Regards
Rahul Pal
Tata Consumer Chart Tata Consumer
Tata Consumer is making Lows Highs
and shifting it's support base upwards .
Now to continue upmove it should stay above 690 next week
otherwise more downside possible .
690 is now work as major level .
If hold above 690 in next week than buy
above 701 for 725 ,SL 690
If go below 690 in next week than sell below
685 for tgt 650 , Sl 700
Nifty One Hour Chart Analysis For Intraday Trading Nifty Updated Support and Resistance
Nifty Down Side Targets / Nifty Support Zones
First Support Zone For Nifty - 18668 - 18682
Second Support Zone For Nifty – 18583- 18605
Third Support Zone For Nifty – 18455 - 18444
Nifty Up Side Targets / Nifty Resistance Zones
First Resistance Zone For Nifty - 18730 -18720
Second Resistance Zone For Nifty - 18780 -18768
Third Resistance Zone For Nifty - 18888 -18874
( Nifty Made new All Time High Today )
Importent Signal from Nifty Option Chain
PCR ratio as per Option Chain Analysis – 0.67 ( Bearish )
Max Pain As per Option Chain Analysis – 18700
Major Support as Per Nifty Open Interest Analysis - 18500 / 18600
Major Resistance as Per Nifty Open Interest Analysis - 18800
Nifty's Structure For Final Week of September seriesHello folks, hope you're safe and doing good.
Today I'll be sharing the important levels in nifty futures, which you can trade accordingly.
Currently Nifty futures closed at 17335 odd levels, which is lower than the levels I mentioned in my previous post.
The monthly candle (bearish harami) and weekly candle (a classic shooting star confirmation follow up for previous week) solidifies all the activity that happened last week.
This indicated that bears are officially back in the markets, which was supported by price, volumes, open interest data in both options and Futures, Rise in Vix etc.
1. In the coming week,
--> S1: 17250 (very strong); S2: 17125, S3: 17008
--> R1: 17308 - 17336; R2: 17390; R3: 17430 - 17440 (very strong)
2. 17250 will be acting as a key support area. On 26th Monday, we can expect a gap down. If it opens far below it observe the price action, if it opens near this level there is a higher probability of getting a good small scalp in the reverse direction. This level is also crucial as the 200 EMA on 3hrs is coniciding.
3. As I assume you folks already have a good idea of price action, please take a trade carefully at these levels, as reversals or breakouts are very high at these levels. The direction and the conviction in the trade is very important when you try to scalp at these levels.
Protect your capital, have a predefined SL, and take trade accordingly. Since we are risking our hard earned money, let's try to risk it at the price levels where there is a high probability of winning (or low probability of losing)
Stay safe and good luck for a happy and stress free trading!!
#NIFTY Intraday Support and Resistance Levels - 29/08/2022Nifty will be highly gap down opening in today's session. Expected opening above 17300 level and 17270 to 17340 level is the consolidation range and if nifty break 17340 level this level then possible upside rally upto 17500+ in today's session. in case nifty trade below 17270 level then short target can go up to 17100 - level.
Simple Trade Setup | NIFTY | 26-08-2022 [INTRADAY]NSE:NIFTY
Most of all the levels and setup will remain same as per previous.
Trade Setup for 26-08-2022
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.
Nifty Option Day Trading Setup for Monday Get Perfect Analysis For Trading in Nifty Option | Daily Nifty Trading Idea 2022
Nifty Trading idea with Trading Strategy | Nifty Prediction 2022
Nifty Possible Trade for Next Trading Day
When to Buy Call Option in Nifty –
Trade Entry – If Nifty Sustain Above Support (15200 ) You Can Buy ATM call Option –
Trade Target – For upside First Target for Nifty is 15360 and Second Target is 15530
Trade Stoploss – If any 30 min candle Closes Below 15175 or max . 20 Points
When to Buy Put Option in Nifty –
Trade Entry – If Nifty Sustain below 15330 or Closes any one Hour Candle below 15330
Trade Target – For Down side Tomorrow First Target for Nifty is 15200 and second target is 15000
Trade Stoploss – If any 30 min candle Closes Below 15360 or max . 20 Points –
Nifty getting channel&trendline support +ve bias with cautionNIFTY respecting white trend line along with trading within upward green channel
17500-17400 support on downside and on upside immediate hurdle previous swing high at 17789 --795
till it is getting channel support and trend line support bias is positive with caution (as last leg of wave d (e)
this impulse move should not slow down.. and bulls need to be active.. as they r near to critical trend line..
little slow down will give opportunity to bears to move below trend-line and channel..
interesting week ahead technically
points to note:
- nifty is in last leg of up for wave d (e) ... till now high made near 17703
- FII were buyer in last week..
- one should not ignore the fact that lot of adjustment goes on at
month start (April) and month end/quarter - end / year end... march all in one..
Crucial Support and Resistance levels for NIFTYCrucial Support and Resistance levels for NIFTY . Nifty has taken a good support as per the trendline drawn in the chart and expected to give some short recovery from the current level.
I have revised the levels basis today's bottom. I think NIFTY has very strong support at 17200 levels. Go long at CMP!
Nifty 50 Analysis For 03-03-2021Don't Short Nifty Tomorrow
Its A Bulish Day
SGX Above 15040 @ 120 Point For Nifty 50
Im Not SEBI Regt.
Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites, Derivatives, commodity and Currency can be substantial.