Nifty Confirm Targets For Friday Nifty One Hour Time Frame Chart Analysis For Day Trading with Open Interest Analysis with Trading Guide
Nifty Demand and Supply Zones for Day Trading
Support Zones For nifty Intraday Trading
First Support Zone For nifty50 – 18030 - 18020
Second Support Zone For nifty50 – 17945 - 17955
Third Support Zone For nifty50 – 17818 - 17825
Resistance Zones For nifty Intraday Trading
First Resistance Zone For Nifty – 18130 - 18140
Second Resistance Zone For Nifty – 18181 - 18170
Third Resistance Zone For Nifty – 18230 - 18240
Nifty Option Chain Analysis
PCR ratio as per Option Chain Analysis – 1.06 ( Bullish )
Max Pain As per Option Chain Analysis – 18000
Major Resistance as Per Nifty Open Interest Analysis – 18200
Major Support as Per Nifty Open Interest Analysis – 17800
Stock Market Confirm News
Edelweiss Mutual Fund raises stake in Yes Bank shares in Jan 2023
Govt cuts windfall tax on crude oil , ATF, export of diesel
Indian Railway Finance Corporation ( IRFC ) stock of Indian Railways fell 2 per cent , It is a Finance Providing Company for Indian Rail .
Targets
Reliance is at its Declined Trend line Support It's Short-Term Targets are 2679, 2783, 2859, 3170 in 3 to 5 months it is my personal view because it is entered in a new zone
Please Comment about my idea and give your review, I have only 2 years experience so don't follow me blindly, do your own analysis also, it is my second post on Tradingview
Support and Resistance Levels for Nifty Financial Services Finnifty Trading with Demand and Supply Zones
Support Zones For Finnifty Intraday Trading
First Support Zone For Finnifty – 17650 – 17665
Second Support Zone For Finnifty – 17553 – 17565
Third Support Zone For Finnifty – 17411 – 17425
Resistance Zones For Finnifty Intraday Trading
First Resistance Zone For Nifty – 17738 – 17720
Second Resistance Zone For Nifty – 17832 – 17820
Third Resistance Zone For Nifty – 17922 – 17909
NIFTY- Possible Trade for 16-08-2022The index has been making consistent upmoves and we could see that each dip is being bought. However the move from 17500 upwards seem to lack buyer participation and since the index is approaching a trend line resistance near 17780-17860 zone we can expect some profit booking or even possible fresh shorts getting added at those levels. As of now there is no indication of a major move in either direction. Important levels for the day and weekly expiry are given below.
Bullish Above 17670
Possible Upside targets - 17760/17780/17840
Bearish Below 17640
Possible Downside targets - 17600/17540/17500/17480
Note: One may look at entering the market with a short bias once market hits the upper targets if price action confirm the short bias
Disclaimer:
The analysis provided is for educational purpose and the author does not assume any responsibility for the trades initiated based on the analysis. Consult your financial advisor before making any trades.
NIFTY- Possible Trade for 08-08-2022After making significant move from the low made in June, the market has rallied more than 2000 points. However the previous week, the index moved in a relatively limited range of 300 points. 17500 on the upside looks like an immediate resistance and 17200 on the downside seem to be the support. The current week being a truncated trading week, we can anticipate the market to remain sideways , and testing the patience of traders looking for a breakout. However if the breakout indeed comes then it can catapult the market closer to 17700-17800 levels. Important levels for the day and week are given below
Bullish above 17480
Possible Upside targets - 17530/17580/16660/17730
Bearish below 17440
Possible Downside targets - 17360/17320/17280/17210
Disclaimer:
The analysis provided is for educational purpose and the author does not assume any responsibility for the trades initiated based on the analysis. Consult your financial advisor before making any trades.
NIFTY- Possible Trade for Today- 02-06-2022With the index unable to hold on to higher levels yesterday we saw the prices moving down through out the day. The last 30 minutes witnessed some serious upmove which took the index above 16500 and closed above 16500. Today being weekly expiry one could see the index moving closer to 16360 levels on the downside if 16480 -16460 does not hold. On the upside the index can test 16580-16610. Any breach above that can push the index to higher levels.
Important levels to watch out for
Bullish above 16610
Upside levels - 16680/16730
Bearish below 16580
Downside levels - 16520/16480/16420/16380
Disclaimer:
Center for Research in Financial Markets and Economy (C- FAME) is an initiative of the School of Business & Management at Christ Academy Institute for Advanced Studies, Bengaluru. The views presented here are for educational purposes only. C- FAME or the author does not take any responsibility for the trades initiated based on the view presented here.
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for details search in Google - Manoj Shinde 27485
CEBBCO TARGET ACHIEVED (30% IN A WEEK)Gave a buy call on CEBBCO @31.35
TOUCHED 39.90 TODAY
FIRST TARGET ACHIEVED
30% RETURNS IN LESS THAN A WEEK!!!!!
TARGET 2 IS ON, TRAIL STOP LOSS
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