Nifty trades and targets - 15/11/23Hello Everyone. I have provided nifty trades and targets above. The market is going to open a gap up as gift nifty. Look for the values provided if the market opens near to any of the values then plan for reversal as it has to come down to yesterday's closing price. Book profits every 30 points as we are getting very few trending moves.
Search in ideas for "gift nifty"
Pull back of Nifty.While US market rejoicing the recent dovish comment
form Fed chairman Mr Powel,Indian market should not be left
behind.Our market is nicelly pulling up from oversold condition.
Nifty is likely to retest the channel line which is at 19476.
There after it may take the form of complex structure.
It seems the ongoing C wave is not completed yet.
Gift nifty is now trading above 19300.
So there should be another gap up tomorrow.
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BankNifty Intraday Levels 16th Oct 2023Good Morning Everyone,
Trends on Gift Nifty indicaties a flat to positive start in indian market. The market was under selling pressure on Friday as IT heavyweights continued to trade lower on concern over demand outlook and a slide in the banking stocks worsened the sentiment. That was the reason Banknifty have shown sharp declined (-311 points) in last one hour session. But if i talk about strong support in banknifty is at 43600-43800. And resistance lies at the 45000 mark. Well overall market sentiment remains bullish as long as the critical support 43600 holds, and a breach below this levels can take banknifty more down,,On the upside substantial resistance levels in placed at 45000 and breakout beyond this points is likely to trigger significant short covering.
Important levels for Bank Nifty:-
Intraday support zone 44000
Strong Support zone 44600-44800
Intraday resistance zone 44700
Strong resistance zone 45000
Buy above 44378, if levels sustains at least for 15 mints.
Targets we can see in upside 44530/44690
Keep stop loss at 44195
Sale below 44195, if levels sustains at least for 15 mints.
Targets we can see in downside 44048/43818
Keep stop loss at 44378
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.
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Expiry Special Banknifty analysis, Intraday levels 11 OCT 2023Good Morning Everyone,
Yesterday was the awesome day for traders, Bank nifty surged 474 points, and formed a bullish candlestick with minor upper shadow on the daily scale. Previous day's low of 43800 may act as a support in coming sessions. with resistance at 44500-44700, a break of which same can take the index towards 45000. Global market looking good, american market has also closed in positive, GIFT nifty also indicating a positive opening. So chances are high we can see follow up buying in index. But guy's do not forget to book profits on higher range. We can see some pressure if market is opening on higher range.
Important levels for Bank nifty:-
Intraday support zone 44200
Intraday resistance zone 44700
Buy above 44484, if levels sustains at least for 15 mints.
Targets we can see in upside 44551/44736
Keep stop loss at 44338
Sale above 44338, if levels sustains at least for 15 mints.
Targets we can see in downside 44176/44069
Keep stop loss at 44484
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.
RBI Policy Day, Market can volatile, Bank Nifty levels 6th OCT Good Morning Guy's
Banknifty opened on gap up but witnessed consolidation for most of the day and closed at 44213, On the hourly chart, indicator showing positive divergence and crossover, which is bullish sign in Banknifty. We can expect Banknifty towards 44800/45000 in coming days. GIFT nifty also showing gap up opening, global market is looking good, we can see greenery in most of the major indices. And we have an even also today (RBI POLICY) so market will be highly volatile, so guy's trade carefully, and go with less qty.
Important levels for Bank nifty:-
Support zone 43800
Resistance zone 44600
Buy above 44385, if levels sustains at least for 15 mints
Targets we can see in upside 44506/44655
Keep stop loss at 44139
Sale below 44139, if levels sustains at least for 15 mints.
Targets we can see in downside 44022/43893
Keep stop loss at 44385
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
PRE MARKET ANALYSIS FOR NIFTY AND BANK NIFTY FOR 25 SEP 202325 SEP 2023
WORLD MARKETS
1. US and Europe is looking bearish while the Asian markets are consolidating with a bearish bias.
INDEX HEAVY WEIGHTS AND INDIA VIX
1. India VIX is below 11.
2. GIFT Nifty is indiacating 60 points down tick at 19600 levels. This amounts to 44500 levels for Bank nifty.
INDEX HEAVY WEIGHTS
1. HDFC BAnk has gapped down 3 days in a row with daily cuts of 3 - 1.5%. It looks bearish. 1540 is a strong resistance. It can turn bullish only above 1551. It is looking over sold in 1 Hr time frame. 1520 is a strong sp area.
2. ICICI Bank has turned bearish. 955-957 is a strong resistance. It can turn bullish above 965. Any break below 945 will be bearish.
3. Reliance is in a down trend. 2350 is a good sp.Any break of it will get us 2306 levels. It is looking oversold in 1 hr time frame. 2371 is a strong resistancce.
ANALYSIS
1. India VIX is below 11 but market is still falling. All Index heavy weights are bearish. There has been a broad based selling except in IT and PSU Banks. Nifty has strong sp between 19400 - 19500 levels. Similarly Bank Nifty has strong sp at 44500 levels. we may expect a pullback after the gap down.
TRADING PLAN
1. NIFTY OPEN BETWEEN 19700 -19635: Any rally to 19750 is a sell. However any gap down to 19600 and consolidation and move 19640 will be a buying opportunity. RR will be less.
2. NIFTY OPEN ABOVE 19700 : Wait for a break out above 19750 decisively.
3.NIFTY OPEN BELOW 19635: Wait for the break below 19600 levels.
4.BANK NIFTY OPEN BETWEEN 44735 - 44500 : Any rally to 44750 - 44800 is a sell.
5.BANK NIFTY OPEN ABOVE 44735. Any break of 45000 is a buy. Any weakness at 45000 is a sell for a tgt of 44500.
6.BANK NIFTY OPEN BELOW 44500 :Any rally to 44550 - 44600 and break below 44490 is a sell for a tgt of 44200.
I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGISTERED FINANCIAL ADVISOR FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABLITY FOR ANY TRADES TAKEN BY YOU.
NIFTY AND BANK NIFTY ANALYSISS FOR 22 AUG 202322 Aug 2023
WORLD MARKETS
1. All the world markets are looking bearish.
INDIA VIX AND GIFT NIFTY
1. India VIX is at 11.96 indicating high volatility.
2. GIFTY Nifty is indicating a downtick of 46 points at 19350. This amounts to 43850 levels for bank nifty.
INDEX HEAVY WEIGHTS
1. HDFC Bank could not break 1593 level. Any break of 1596 is bullish. Any weakening below 1593 is bearish.
2. ICICI Bank could not break 960 levels. Any break of 949 will be bearish. Any rally to 958 will be a sell. Any gap up above 961 is bullish.
3. Reliance is looking bearish. Any rally to 2537 and break below 2531 is a sell. Any gap up above 2545 is a buy.
ANALYSIS
1. World market is looking bearish.
2. Index heavy weights are looking bearish.
3. Nifty could not hold above 19400. Bank Nifty could not break 44070 decisively.
TRADING PLAN
1.NIFTY OPEN BETWEEN 19357 - 19430: Any dip to 19350 -19322 and move above 19360 is a buy.
2. NIFTY OPEN ABOVE 19430: Any dip to 19400 is a buy.
3. NIFTY OPEN BELOW 19320 : Any rally to 19360 is a sell.
4. BANK NIFTY OPEN BETWEEN 44070 - 43930 : Any dip to 43930 is a buy.
5. BANK NIFTY OPEN ABOVE 40070 : Any dip to 44000 is a buy. However any break of 44150 will be a clear break out.
6. BANK NIFTY OPEN BELOW 43850: Any rally to 43930 will be a sell. Tgt 43750.
I AM NOT A SEBI REGISTERED TRADER. THE INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGISTERED FINANCIAL ADVISOR FOR ANY TRADE RELATED QUERY.
PRE MARKET ANALYSIS FOR NIFTY AND BANK NIFTY FOR 08 AUG 202308 AUG 2023
1. US markets are looking bearish. Europe is pulling back.
2. Asia is looking bearish.
INDIA VIX AND GIFT NIFTY
1. India VIX is below 11 indicating less volatility and bullishness.
2. GIFTY Nifty is indicating 20 points uptick at 19600 fut and 19540 spot.
INDEX HEAVY WEIGHTS
1. HDFC Bank has strong support at 1645. Any break above 1660 is bullish for a tgt of 1671.
2. ICICI Bank has strong support at 970. resistance can be seen at 976 - 981.
3. Reliance has strong resistance at 2522. Any break of 2522 will be bullish. 2497 is a strong support.
ANALYSIS
1. Nifty has made a H&S pattern. it need to break of the neck of H&S placed at 19575.
2. Bank Nifty is comparitively weak compared to nifty.
TRADING PLAN
1. NIFTY OPEN FLAT: Any break of 19575 is bullish for a tgt of 19820.
2. NIFTY OPEN GAP UP: Any gap up above 19575 is bullish for a tgt of 19620 - 19680.
3. NIFTY OPEN GAP DOWN: Any gap down to 19460 and rebound above 19490 is positive. Any move below 19450 is bearish.
4. BANK NIFTY OPEN FLAT: Any move to 45100 and move below 44900 is bearish
5. BANK NIFTY OPEN GAP UP: Any open above 45100 and break of 45200 is bullish for a tgt of 45500.
6.BANK NIFTY OPEN GAP DOWN: Any break of 44500 is bearish for a tgt of 44275 - 44000.
I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATOINAL PURPOSES ONLY. PLEASE CONSULT YOUR REGISTERED FINANCIAL ADVIOSR FOR ANY TRADE RELATED QUERY.
PRE MARKET ANALYSIS OF NIFTY AND BANK NIFTY FOR 27 JUL 202327 JUl 2023
WORLD MARKETS
1. US market is looking neutral to bullish. It is awaiting interest rate decision by fed chairman to night. If interest rate is raised by 25 bps, then US market may sell of and so nifty may also sell off. If status quo is maintained, then Indices may rally.
2. Asia and Europe is looking bearish.
INDIA VIX AND GIFT NIFTY
1. India VIX is below 11 indicating bullishness.
2.GIFT Nifty is showing 48 points uptick now at 19810 spot. This amounts to 46115 levels for bank nifty.
INDEX HEAVY WEIGHTS
1. HDFC Bank is not able to cross 1700 levels. It has good support at 1685 levels.
2. ICICI Bank is taking support at 990 levels but unable to cross 1000. Any break of 1000 will be bullish.
3. Reliance made a good come back . It has resistance at 2540 and support at 2508. Any break of 2540 will be bullish.
ANALYSIS
1. Today's rally is a short covering rally or in anticipation of fed rate decision is to be seen.
2. Nifty crossed 19800 but settled below it. Similarly Bank nifty could break 46000 and has closed above it.
3. But what is required to be seen is whther these levels will sustain tomorrow because of a very big news awaiting.
TRADING PLAN
1. NIFTY OPEN FLAT: Any dip to 19750 is a buy. Any move to 19800 and weakness is a sell for a tgt of 19740.
NIFTY OPEN GAP UP: Any Move above 19840 is a buy for a tgt of 19890 levels. Any weakness below 19800 is a sell.
3.NIFTY GAP DOWN: Any gap down below 19710 is a sell for a tgt of 19670.
4.BANK NIFTY OPEN FLAT: Any dip to 45980 and move above 46050 is a buy.
5. BANK NIFTY OPEN GAP UP: Any gap up above 46100 and move above 46140 is a buy for a tgt of 46225 - 46355.
6.BANK NIFTY GAP DOWN: Any move below 45900 is a sell for a tgt of 45770.
I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGISTERED FINANCIAL ADVISOR FOR ANY TRADE RELATED QUERIES.
PRE MARKET ANALYSIS FOR NIFTY AND BANK NIFTY FOR 18 JUL 202318 JUL 2023
WORLD MARKETS
1. US markets is looking bullish while the Asia and Europe is consolidating with a bullish bias.
INDIA VIX AND GIFTY NIFTY
1. GIFT Nifty is indicating 20 points uptick at 19767 FUT and 19711 spot. This amounts to 45550 for bank nifty.
2.India VIX 11.3 indicating increase in volatility with increase in index indicating bullishness.
RESULTS
1. ICICI PRU and ICICI Lombard which are constituents of Fin Nifty are declaring results tomorrow.
INDEX HEAVY WEIGHTS
1. HDFC Bank is looking very bullish after the results. It has strong support at 1665 - 1660. Any dip is a buying opportunity for a tgt of 1692. Any dip below 1652 will be bearish.
2. ICICI Bank has broken out of range 965. It has support at 960 - 965 for a tgt of 980.
3. Reliance has strong support at 2775 -2790. Tgt will be 2810. Any break of 2814 will be bullish.
ANALYSIS
1. Nifty has broken out of 19700. It is looking very bullish.
2. Bank Nifty is also looking bullish after a breaking out of 45200 range.
TRADING PLAN
1. NIFTY OPEN FLAT: Any dip to 19700 is a buying opportunity for a tgt of 19750.
2.NIFTY OPEN GAP UP: Any open above 19750 and sustain above it will give us a tgt of 19800-19880.
3. BANK NIFTY OPEN FLAT: Any dip to 45200 is a buying opportunity for a tgt of 45685.
4. BANK NIFTY OPEN GAP UP: Any open above 45700 and sustain above is a buy for a tgt of 45922.
5. I have no bearish idea.
6. After a Gap up today, in the morning session tomorrow, the market may remain subdued as 45500 and 19700 is a good resistance. We can see a move in the afternoon session. This is my view.
7. BUY ON DIP IS A GOOD STRATEGY.
I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATION PURPOSES ONLY. PLEASE CONSULT YOUR REGISTERED FINANCIAL ADVISOR FOR ANY TRADE RELATED QUERY.
PLEASE TELL ME IF YOU WANT ANALYSIS FOR FIN NIFTY ALSO. REGARDS.
PRE MARKET ANALYSIS OF NIFTY FOR 03 JAN 202503 JAN 2024
WORLD MARKETS
1. World markets are consolidating with no triggers.
INDIA VIX AND GIFT NIFTY
1. Indai VIX is down 5 %. This is the reason for the 445 points uptick supported by IT, oil & GAs and Auto.
INDEX HEAVY WEIGHTS.
1. HDFC Bank is consolidating with a positive bias. Any move above 1805 is bullish for a tgt of 1825 and above.
2. ICICI Bank is consolidating with a positive bias. Any 5 Min bar close above 1305 is bullish. Look for good volume.
3. Reliance is consolidating with a positive bias. Any dip to 1340 is buy.
ANALYSIS
1. Today Nifty moved up because of Monster move by Infy, Maruti, ONGC, Bajaj Auto, Bajaj Finserv and Bajaj Finance. All are Non Index heavy weights. Except Reliance which moved 1.5%.
2. BAnk Nifty move was supported by SBI and Axis Bank.
TRADING PLAN
1. NIFTY OPEN BETWEEN 24320 - 24058 : Buy any dip to 24060.
2. NIFTY OPEN ABOVE 24319: Wait for a dip to 24200.
3. NIFTY OPEN BELOW 24060 : Wait for a consolidation and break above 244100 decisively.
DISCLAIMER
1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADE TAKEN BY THE READER.03 JAN 2024
WORLD MARKETS
1. World markets are consolidating with no triggers.
INDIA VIX AND GIFT NIFTY
1. Indai VIX is down 5 %. This is the reason for the 445 points uptick supported by IT, oil & GAs and Auto.
INDEX HEAVY WEIGHTS.
1. HDFC Bank is consolidating with a positive bias. Any move above 1805 is bullish for a tgt of 1825 and above.
2. ICICI Bank is consolidating with a positive bias. Any 5 Min bar close above 1305 is bullish. Look for good volume.
3. Reliance is consolidating with a positive bias. Any dip to 1340 is buy.
ANALYSIS
1. Today Nifty moved up because of Monster move by Infy, Maruti, ONGC, Bajaj Auto, Bajaj Finserv and Bajaj Finance. All are Non Index heavy weights. Except Reliance which moved 1.5%.
2. Bank Nifty move was supported by SBI and Axis Bank.
TRADING PLAN
1. NIFTY OPEN BETWEEN 24320 - 24058 : Buy any dip to 24060.
2. NIFTY OPEN ABOVE 24319: Wait for a dip to 24200.
3. NIFTY OPEN BELOW 24060 : Wait for a consolidation and break above 244100 decisively.
STOCK TO TRADE
BUY
1. HDFC Bank above 1805.
2. ICICI Bank above 1305.
3. Tata Motor above 775.
4.SBIN above 805.
SELL
1. HINDALCO BELOW 590.
DISCLAIMER
1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADE TAKEN BY THE READER.
PRE MARKET ANALYSIS OF NIFTY FOR 31 DEC 202431 DEC 2024
WORLD MARKETS
1. World Markets are consolidating due to NEW YEAR.
INDIA VIX AND GIFT NIFTY
1. India VIX is near 14 indicating increasing in volatility.
2. GIFT Nifty is indicating 166 points down tick at 23500.
INDEX HEAVY WEIGHTS
1. HDFC Bank is looking bearish. Any rally to 1810 and break below 1805 is a sell.
2. ICICI Bank is also bearish. 1310 is strong resistance.
3. Reliance is also very bearish. 1220 is a strong resistance.
TRADING PLAN
1. NIFTY OPEN BETWEEN 23732 - 23558 : Sell any rally to 23738.
2. NIFTY OPEN ABOVE 23738: Sell any rally 23800 and break below 23800.
3. NIFTY OPEN BELOW 23558: Sell any rally to 23700.
STOCKS TO TRADE:
1. HDFC BANK, ICICI BANK, TCS, SBIN is sell on rally.
2. ITC is Buy on dips. HCL Tech is also buy above 1940.
NOTE : Tomorrow we may see a gap down. Avoid using heavy lots.
DISCLAIMER
1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADE TAKEN BY THE READER.
PRE MARKET ANALYSIS OF NIFTY FOR 30 DEC 20430 DEC 2024
1. WORLD MARKETS
1.World markets are consolidating with a negative bias. Due to NEW YEAR and Christmas.
INDIA VIX AND GIFT NIFTY
1. India VIX is down to 13 indicating reduction in volatility.
2. GIFT Nifty is indicating a flat opening.
INDEX HEAVY WEIGHTS
1. HDFC BANK is trading in a range with bullish bias. It has support at 1800 and resistance at 1815. Buy on dips will be a good strategy.
2. ICICI Bank is trading with a bullish bias. Any dip to 1310 is a buy.
3. Reliance is trading with a bearish bias. Break above 1240 is bullish while break below 1220 is bearish.
ANALYSIS
1. Year end 2024 has resulted in reduction in volume.
2. This may keep Nifty in range.
3. Best strategy will be to sell 24000 -23800 strangle of Iron condor with 24300 and 23500 option buy and 24000 and 23800 option sell. In case of strangle Net premium collected will be 187 while in case of Iron condor it will be 141.
4. Risk averse traders may trade HDFC Bank, ITC, ICICI BAnk on buy on dips Intra day. If market is positive, buy these stock for intra day gain of 1-1.5%.
5. SBI, Tata steel, TCS and Axis Bank is sell on rally. If market is weak sell these stocks for 1-2 % gain Intra day.
6. However If Nifty Break out 24000 Decisively we can Buy.
DISCLAIMER
1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADE TAKEN BY THE READER.
PRE MARKET ANALYSIS OF NIFTY FOR 24 DEC 202424 Dec 2024
WORLD MARKETS
1. World Markets are bearish.
INDIA VIX AND GIFT NIFTY
1. India VIX is down 10% Indicating reduction in volatiltiy . This due to Gap up today.
2. GIFT Nifty is indicating 84 points down tick at 23680 levels.
INDEX HEAVY WEIGHTS
1. HDFC Bank has made a bullish candle. Any breakout above 1805 is bullish. However any break below 1795 will be bearish.
2. ICICI Bank is neutral. Move above 1306 is bullish and move below 1285 is bearish.
3. Reliance is bearsih. It is sell on rally.
TRADING PLAN.
1. NIFTY OPEN BETWEEN 23835 - 23705 : No Trade.
2. NIFTY OPEN ABOVE 23835 : Wait for a consolidation and break above 23900.
3. NIFTY OPEN BELOW 23705 : Wait for a consolidation and break below 23630.
DISCLAIMER
1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADE TAKEN BY THE READER.
PRE MARKET ANALYSIS OF NIFTY FOR 20 DEC 202420 DEC 2024
1. World markets have become jittery due to the US fed chairman hawkish comments.
2. It may settle down in a day or two.
2. Also Dec last week will be usually lacklustre due to the NEW YEAR AND CHRISTMAS.
INDIA VIX AND GIFT NIFTY
1. India VIX is above 14 indicating increase in volatility.
2. GIFT Nifty is indicating a flat start.
INDEX HEAVY WEIGHTS
1. HDFC Bank has turned bearish on a daily chart. However it has made a hammer. 1800 is a strong resistance.
2. ICICI Bank has resistance at 1300. It is looking bearish.
3. Reliance is also very bearish with 1230 as a good support. Break of 1230 will be bearish.
TRADING PLAN
1. NIFTY OPEN BETWEEN 23989 - 23915 : NO TRADE.
2. NIFTY OPEN ABOVE 23989: Wait for a break above 24100 decisively.
3. NIFTY OPEN BELOW 23915: Wait for a consolidation and break below 24850 decisivbely.
DISCLAIMER
1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADE TAKEN BY THE READER.
PRE MARKET ANALYSIS OF NIFTY FOR 17 DEC 202416 DEC 2024
WORLD MARKETS
1. All the world markets are looking bullish.
INDIA VIX AND GIFT NIFTY
1. GIFT Nifty is indicating a flat opening.
2. INDIA VIX is up 7% and is above 14 indicating increase in volatility.
INDEX HEAVY WEIGHTS
1. HDFC Bank is bullish with huge volatility. 1896 is the next target.
2. ICICI bank is also bullish with 1355 as the resistance.
ANALYSIS
1. With Reliance and IT being bearish and Bank Nifty bullish, Nifty may remain range bound in this expiry.
TRADING PLAN
1. NIFTY OPEN BETWEEN 24718 - 24619: No Trade.
2. NIFTY OPEN ABOVE 24718: Wait for a consolidation and break above 24760.
3. NIFTY OPEN BELOW 24618: Wait for a consolidationbetween 24500 - 24600 and break above 24625 .
DISCLAIMER
1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADE TAKEN BY THE READER.
PRE MARKET ANALYSIS OF NIFTY FOR 16 DEC 202415 DEC 2024
WORLD MARKETS
1. All the world markets are consolidating with a bullish bias.
INDIA VIX AND GIFT NIFTY
1. INDIA VIX is below 14 indicating reduction in volatility.
GIFT Nifty is indicating 100 points downtick at 24730.
INDEX HEAVY WEIGHTS
1. HDFC Bank is very bullish. It has a target of 1896.
2. ICICI Bank is also bullish. 1355 is strong resistance.
3. Reliance has very strong resistance at 1290. Any break of it will take it to 1320 levels.
TRADING PLAN
1. NIFTY OPEN BETWEEN 24936 - 24600 : Any dip to 24600 is a buy.
2. NIFTY OPEN BELOW 24600: Any consolidation between 24500 - 24600 and move above 24600 is a buy.
3.NIFTY OPEN ABOVE 24936: Wait for a dip to 24700.
DISCLAIMER
1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADE TAKEN BY THE READER.
PRE MARKET ANALYSIS OF NIFTY FOR 13 DEC 202412 DEC 2024
WORLD MARKETS
1. All the World markets are consolidating with a positive bias.
INDIA VIX AND GIFT NIFTY
1. Indai VIX is low indicating consolidation in the market to continue.
2. GIFT Nifty is indicating a 45 points downtick at 24500.
INDEX HEAVY WEIGHTS
1. HDFC BANK is consolidating with a positive bias. 1653 is a good support while 1875 is a strong resistance.
2. ICICI Bank is bullish with 1330 as good support.
3. Reliance is bearish with 1266 as resistance and support at 1230.
TRADING PLAN
1. NIFTY OPEN BETWEEN 24589 - 24508 : Sell any rally to 24600.
2. NIFTY OPEN ABOVE 24600: Sell any rally to 24650 and fall below 24600.
3.NIFTY OPEN BELOW 24500 : Sell any rally to 24550 and break below 24500 decisively.
NOTE
1. Due to latest SEBI regulation, option buying has become very difficult with very less movement in the market.
2. The only way one can make money in option is to sell out of the money call and put option through IRON FLY OR IRON CONDOUR so that some money can be made.
3. If you want to learn, you can check my links .
DISCLAIMER
1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADE TAKEN BY THE READER.
PRE MARKET ANALYSIS OF NIFTY FOR 12 DEC 202412 DEC 2024
WORLD MARKERTS
1. World markets are trading with a bullish bias.
INDIA VIX AND GIFT NIFTY
1. India VIX is on downward trend and hence market is consolidating in a broad range.
2. GIFT Nifty is indicating a flat opening.
INDEX HEAVY WEIGHTS
1. HDFC Bank is very bullish. It is consolidating with a bullish bias.
2. ICICI BAnk is also consolidating with a bullish bias.
3. Reliance is bearish. It has resistance at 1288. Next Tgt is 1270.
TRADING PLAN
1. NIFTY OPEN BETWEEN 24672 - 24612: NO TRADE.
2. NIFTY OPEN ABOVE 24672 : Wait for a consolidation and break above 24750 decisively.
3.NIFTY OPEN BELOW 24612: Wait for a consolidation and break below 24500 decisively.
DISCLAIMER
1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADE TAKEN BY THE READER.
PRE MARKET ANALYSISI OF NIFTY AND BANK NIFTY FOR 11 DEC 202411 DEC2024
WORLD MARKETS
1. All the world markets are consolidating with a bullish bias.
INDIA VIX AND GIFT NIFTY
1. India VIX is down 2.34% indicating market is consolidating with a bullish bias.
2. GIFT Nifty is indicating a flat opening.
INDEX HEAVY WEIGHTS
1. HDFC BANK is consolidating with a bullish bias. 1886 is a strong resistance. any dip to 21 SMA is a buy.
2. ICICI Bank is also bullish. 1322 is a good support. 1345 is good resistance.
TRADING PLAN
1. NIFTY OPEN BETWEEN 24656 - 24564: NO TRADE.
2. NIFTY OPEN ABOVE 24656: Buy any consolidation and break above 24710.
3. NIFTY OPEN BELOW 24564 : Wait for a consolidation and break below 24500 decisively.
4. BANK NIFTY OPEN BETWEEN 53666 - 53488 : Buy any dip to 53500.
5.BANK NIFTY OPEN ABOVE 53656: Buy any consolidation and break above 53660 decisively.
6. BANK NIFTY OPEN BELOW 53500: Sell any consolidation and break below 53400 decisively.
DISCLAIMER
1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADE TAKEN BY THE READER.
PRE MARKET ANALYSIS OF NIFTY FOR 09 DEC 202409 DEC 2024
WORLD MARKETS
1. All the world markets are looking bullish.
INDIA VIX AND GIFT NIFTY
1. India VIX is below 15 indicating reduction in volatility.
2. GIFT Nifty is indicating a flat opening at 24650.
INDEX HEAVY WEIGHTS
1. HDFC Bank is bullish with 1840 as a good support.
2. ICICI Bank has support at 1320. It is bullish.
3. Reliance has resistance at 1327. Good support is seen at 1300. Any break of 1300 will be bearish.
TRADING PLAN
1. NIFTY OPEN BETWEEN 24642 - 24714 : NO TRADE.
2. NIFTY OPEN ABOVE 24714 : Wait for a consolidation and break above 24750.
3. NIFTY OPEN BELOW 24640: Wait for a consolidation and break below 24500.
DISCLAIMER
1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADE TAKEN BY THE READER.
PRE MARKET ANALYSIS OF NIFTY FOR 04 DEC 202404 DEC 2024
WORLD MARKETS
1. All the world markets are consolidating with a positive bias.
INDIA VIX AND GIFT NIFTY
1. INDIA VIX is gradually coming down indicating more bullishness to stay.
2. GIFT Nifty is indicating a 35 point down tick at 24400 levels.
INDEX HEAVY WEIGHTS
1. HDFC Bank is very bullish and is at all time high. It has resistance at 1841.
2. ICICI Bank has support at 1300 level. while 1325 is a strong resistance.
3. Reliance has support at 1310 and has resistance at 1326. Any opening above 1326 will have a target at 1350.
TRADING PLAN
1. NIFTY OPEN BETWEEN 24513 - 24400 : Buy any dip to 24350 and move above 24400.
2. NIFTY OPEN ABOVE 24513: Buy any dip to 24450.
3. NIFTY OPEN BELOW 24400: Wait for a consolidation between 24350 and 24400 and move above 24400.
DISCLAIMER
1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADE TAKEN BY THE READER.