PRE MARKET ANALYSIS OF NIFTY AND BANK NIFTY FOR 17 SEP 202417 Sep 2024
WORLD MARKETS
1. US markets are looking bullish.
2. It is waiting for the interest rate decision of fed. If Interest rate is kept unchanged, the market may react negatively.
INDIA VIX AND GIFT NIFTY
1. India VIX is still below 13 indicating more bullishness.
INDEX HEAVY WEIGHTS
1. HDFC Bank is in a range between 1681 - 1660.
2. ICICI Bank is bullish and has a tgt of 1274.
3. Reliance is bearish and has resistance at 2960.
TRADING PLAN.
1. NIFTY OPEN BETWEEN 25350 - 25413: No Trade.
2. NIFTY OPEN ABOVE 25413: Sell any rally to 25500.
3. NIFTY OPEN BELOW 25350: Sell 25200 put if 25300 is sustained.
4.BANK NIFTY OPEN BETWEEN 52232 - 52074 : No Trade.
5.BANK NIFTY OPEN ABOVE 52232: Sell 52300 CALL for Any rally to 52300 and break below 52200.
6. BANK NIFTY OPEN BELOW 52074: Sell 52000 put if there is a consolidation and break above 52200 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.
Search in ideas for "gift nifty"
CONCOR -Daily - inverted Cup and Handle -BearishCONCOR—Daily—inverted Cup and Handle—Bearish.
9th Sep going to be Nifty gap down based Gift Nifty and US Market.
In that case, Concor can open below good support 939. IF price sustains below 939 for 15 minutes or 30 minutes, can test 857 as per inverted Cup and Handle pattern target
OI information:
CE OI - 1000 will act as resistance
PE OI - 940 will act as support, if sustained below 940 for 15 to 30 minutes, the price can test the 857 level.
Always welcome for any comments with your feedback, or give it a like if you find it useful.
Nifty Support and Resistance Levels for 9th Sep MondayNifty Support and Resistance levels for monday.
Immeadiate Resistance is 24880 to 24900 area .
Immeadiate Support is 24800.
Expecting a gapdown with gift nifty close on Friday night, do not jump into any trade if it big gap down let it play for 1 hr then look price action at given levels support and resistance for rejection or BO.
Note:- Support,Resistance and Targets can act as reversal points .
PRE MARKET ANALYSIS OF NIFTY AND BANK NIFTY FOR 19 JUL 202419 Jul 2024
WORLD MARKETS
1. All the world markets are looking neutral with a bearish bias.
INDIA VIX AND GIFT NIFTY
1. India VIX is nearing 15 indicating increase in volatility as the budget nears.
2.GIFT Nifty is indicating a flat opening.
INDEX HEAVY WEIGHTS
1. HDFC Bank has resistance at 1626 and support at 1608.
2. ICICI Bank has resistance at 1250 and support at 1230.
3. Reliance has support at 3110 and resistance at 3190.
TRADING PLAN
1. NIFTY OPEN BETWEEN 24708 - 24888: Buy any dip to 24600 levels.
2. NIFTY OPEN ABOVE 24888: Wait for a dip to 24700.
3.NIFTY OPEN BELOW 24708: Wait for a consolidation between 24600 - 24700 and break above 24708.
4. BANK NIFTY OPEN BETWEEN 52558 - 52790 : Any consolidation between 52450 - 52550 and break above 52600 is a buy.
5.BANK NIFTY OPEN ABOVE 52800: Wait for a dip to 52600.
6. BANK NIFTY OPEN BELOW 52450: Wait for a consolidation and break above 52500. If it break below 52250, then sell.
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.
nifty bankniftynifty
Support Zone 22147_21725
Resistance Zone 23026_23338
banknifty
Support Zone 47737_46000
Resistance Zone 49974_50667_51133
The benchmark Sensex and Nifty indices are expected to open flat on June 7 following indication from GIFT Nifty, which is trading flat at 22,910.
Indian stock markets ended positively for the second consecutive session on news of the BJP-led NDA securing a third consecutive term. Global stocks rose on expectations of a US rate cut and sustained growth in artificial intelligence.
At closing, Sensex surged by 0.93 percent or 692.27 points, reaching 75,074.51, while the Nifty index closed at 22,821.40, up by 0.89 percent or 201 points. In broader indices, BSE MidCap rose by 2.3 percent, and BSE SmallCap saw a jump of 3.06 percent.
Bank nifty trades and targets - 4/6/24Hello Everyone. The market was in a bullish mode today. As per the gift nifty market it looks like a gap up opening tomorrow. If you made profits today then its better not to trade tomorrow as premiums are high and operators will try to get traders SL throughout the day. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades. Book profits every 50 points as we are getting very few trending moves.
Nifty trades and targets - /6/24Hello Everyone. The market was in a bullish mode today. As per the gift nifty market it looks like a gap up opening tomorrow. If you made profits today then its better not to trade tomorrow as premiums are high and operators will try to get traders SL throughout the day. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades. Book profits every 30 points as we are getting very few trending moves.
Fin nifty -Expiry and Results day Trades and targets for 4/6/24Hello Everyone. The market was in a bullish mode today. As per the gift nifty market it looks like a gap up opening tomorrow. If you made profits today then its better not to trade tomorrow as premiums are high and operators will try to get traders SL throughout the day. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades. Book profits every 30 points as we are getting very few trending moves.
PRE MARKET ANALYSIS OF NIFTY AND BANK NIFTY FOR 27 MAY 202427 May 2024
WORLD MARKETS
1. World Markets are looking neutral to bullish. Asia is looking neutral to negative.
INDIA VIX AND GIFT NIFTY
1. INDIA VIX is still at 21.7 which is high.
2.GIFT Nifty is indicating a very flat opening.
INDEX HEAVY WEIGHTS
1. HDFC Bank is very bullish. 1530 is a very strong resistance which is 200 SMA.
2. ICICI Bank is consolidating a with a bullish bias. 1130 is a good support.
3. Reliance has support at 2953. 2960 is a strong resistance.
TRADING PLAN
1. NIFTY OPEN BETWEEN 23000 - 22900 : NO TRADE.
2. NIFTY OPEN ABOVE 23000 : Wait for a consolidation and break above 23050 decisively.
3.NIFTY OPEN BELOW 22900 : Wait for a break below 22840.
4.BANK NIFTY OPEN BETWEEN 48850 - 49050 : NO TRADE.
5.BANK NIFTY OPEN ABOVE 49050: Wait for a break above 49100. However 49200 is also a strong resistance.
6.BANK NIFTY OPEN BELOW 48850: Wait for a break below 48750. If Bank Nifty consolidate and move above 48900, it's a 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.
Nifty Expiry trades and targets - 23/5/24Hello Everyone. The market was in a very tight range the previous day. As per gift nifty there is strong resistance and it was not able to break it till now. Let the resistance or support range break with 15-minute candle before going for any trade book profits every 30 points as we are getting very few trending moves. The zones marked in yellow are previous resistance and support so book profits at these zones.
Sell nifty , gift nifty chart showing sell on harmonic pattern On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
NIFTY BANKNIFTYnifty
Support Zone 22415-22385
Resistance Zone 22642-22679
banknifty
Support Zone 47773-47624
Resistance Zone 48494-48659
The GIFT Nifty is indicating a flat to positive opening for the day.
n May 21, the Indian markets ended almost flat in a volatile session with Nifty managing to hold above 22,500. Among sectors, the metal index was up four percent, the power index gained two percent, PSU Bank index rose 1.5 percent, while FMCG was down 0.5 percent.
The BSE midcap index was up 0.3 percent while the smallcap index fell 0.2 percent.
Here is how financial markets across the globe fared overnight, giving you some cues about how trade is poised for today.
Nifty trades and targets - 22/5/24Hello Everyone. The market was in a very tight range the previous day. As per gift nifty there is strong resistance and it was not able to break it till now. Let the resistance or support range break with 15-minute candle before going for any trade book profits every 30 points as we are getting very few trending moves. The zones marked in yellow are previous resistance and support so book profits at these zones. We had a break of 3 days and premiums decay will happen very fast at the start and 30 minutes thereon, so be very careful before taking any trades at the first 45 minutes.
Fin nifty - Expiry Trades and targets for 21/5/24Hello Everyone. The market was in a very tight range the previous day. Its expiry so decay is going to happen a lot faster as we had 3 days break, its has to adjust all these days premiums at start and then its going to give expiry moves, so it can be double yummy or double sided sword. As per gift nifty there is strong resistance and it was not able to break it till now. Let the resistance or support range break with 15-minute candle before going for any trade book profits every 30 points as we are getting very few trending moves. The zones marked in yellow are previous resistance and support so book profits at these zones.
Bank nifty trades and targets - 21/5/24Hello Everyone. The market was in a very tight range the previous day. As per gift nifty there is strong resistance and it was not able to break it till now. Let the resistance or support range break with 15-minute candle before going for any trade book profits every 30 points as we are getting very few trending moves. The zones marked in yellow are previous resistance and support so book profits at these zones. We had a break of 3 days and premiums decay will happen very fast at the start and 50 minutes thereon, so be very careful before taking any trades at the first 45 minutes.
Nifty trades and targets - 21/5/24Hello Everyone. The market was in a very tight range the previous day. As per gift nifty there is strong resistance and it was not able to break it till now. Let the resistance or support range break with 15-minute candle before going for any trade book profits every 30 points as we are getting very few trending moves. The zones marked in yellow are previous resistance and support so book profits at these zones. We had a break of 3 days and premiums decay will happen very fast at the start and 30 minutes thereon, so be very careful before taking any trades at the first 45 minutes.
PRE MARKET ANALYSIS OF NIFTY ANDS BANK NIFTY FOR 08 MAY 202408 May 2024
WORLD MARKETS
1. All the world markets are looking very bullish.
INDIA VIX AND GIFT NIFTY
1. India VIX is above 15 @17. This indicates high volatility and high option premium.
INDEX HEAVY WEIGHTS.
1. HDFC Bank is bearish. It has resistance at 1511. It has support at 1490.
2.ICICI Bank has resistance at 1140 and it has support at 1120 and 1100.
3. Reliance is on a free fall. The next support is at 2750.
TRADING PLAN
1. NIFTY OPEN BETWEEN 22230 - 22375 : Sell Any rally to 22400 and fall below 22340.
2. NIFTY OPEN ABOVE 22375 : Any consolidation and break below 22350 is a sell. Any rally to 22500 is also a sell.
3. NIFTY OPEN BELOW 22230 : Sell any rally to 22300.
4. BANK NIFTY OPEN BETWEEN 48500 - 48060 : Sell any rally to 48600 and break below 48500 decisively.
5.BANK NIFTY OPEN ABOVE 48520. Wait for a consolidation and break above 48700. Any weakness and break below 48500 is a sell.
6.BANK NIFTY OPEN BELOW 48060 : Sell any rally to 48300
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 AND BANK NIFTY FOR 03 MAY 2024SORRY EVERY ONE HOME COMMITMENT MEDICAL EMERGENCY.
03 May 2024
WORLD MARKETS
1. US markets is looking bearish with all the indices looking bearish.
2. Asia and Europe is mixed .
INDIA VIX AND GIFT NIFTY
1. India VIX is at 13.4 . It has resistance at 14. Any drop in VIX may result in more upside and less premium volatility. It will support option seller.
INDEX HEAVY WEIGHTS
1. HDFC Bank is looking bullish.1530 is a good support. 1548 remains a strong resistance.
2. ICICI Bank has closed above 1135.6. So 1135 remains a strong support. Any break of this will be bearish. 1120 is a good support.
3. Reliance is choppy and is consolidating. 2935 Is a good support and 2965 is the resistance.
TRADING PLAN
1. NIFTY OPEN BETWEEN 22610 - 22685: NO TRADE.
2. NIFTY OPEN ABOVE 22685: Wait for a consolidation and break above 22730 decisively.
3. NIFTY OPEN BELOW 22610 : Wait for a consolidation and break above 22650. However if the break down happens below 22550 sell.
4. BANK NIFTY OPEN BETWEEN 49125 - 49350: No Trade.
5.BANK NIFTY OPEN ABOVE 49350 : Wait for a consolidation and break above 49530 decisively.
6. BANK NIFTY OPEN BELOW 49120 : Wait for a consolidation and break below 49000 decisively. Tgt 48650.
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.
niftySupport zone 22337-22259
Resistance Zone 22775-23000
Trends in the GIFT Nifty indicate a positive start for the broader index in India, with a gain of 87 points or 0.39 percent.The Indian market made a smart recovery from the day's low to extend the winning streak to a fifth straight session on April 25 but last-hour profit-booking capped the gains.
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