Get started

Trend Analysis

Nifty Intraday Levels | 29-OCT-2024Nifty Options Scalping 1️⃣ Zones to Watch: 👉Green Zone: Institutional support 👉Red Zone: Institutional resistance 👉Gap: 100-200 points between zones 👉Zone Creation: Based on pivot points and Fibonacci 👉Chart: Use Nifty futures chart for reference 2️⃣ Trade Execution: 👉Order Flow: Triggers trades 👉Timeframes: 1-min & 5-min for scalping 👉Risk-Reward: 1:2 (Risk 1 to gain 2) 👉Strike Price: ATM or slightly ITM options 👉Position Sizing: Adjust to risk tolerance 3️⃣ Rules: 👉9:15 AM Sharp: Ready for market open 👉Risk Management: Top priority 👉Quick Trades: "Morning breakfast" scalps 👉Stop-Loss: 10 points #ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌 🙏 FOLLOW for more content! 👍 LIKE if you found it useful! ✍️ COMMENT below with your thoughts and feedback!
NSE:NIFTY1!
by ReviveTraders
"Wipro’s Ascent: Ready for Takeoff ?"WIPRO buy above 581 Tgt 641, 719, 814,945 SL 520 Wipro seems to be comfortably resting at 581, but there's an energy in the air suggesting it’s gearing up for a serious ascent. With potential targets at 641, 719,814, 945 and maybe even an ambitious leap to 672, this stock looks like it’s ready for liftoff! 📈 It's as if Wipro suddenly decided, "Why linger in the 500s when I could aim for new milestones at 610 or even 652?" It’s eyeing those higher levels with the drive of an eagle that just had a double shot of espresso! ☕🦅 For those who trust in the mix of positive momentum and solid chart signals, keep your eyes open—672 could be closer than it seems. Sure, the climb might be challenging, but if Wipro's this determined, who are we to doubt? Just remember to set those stop losses and have a backup plan ready, in case the eagle opts for a side glide. 🪂 Here’s to Wipro’s journey upward! Let’s see if it reaches new heights or enjoys a pause at 581. Either way, it's bound to be an exciting ride! 🚀 "Trade smart and always respect risk." Happy trading!
Editors' picks
NSE:WIPROLong
by biplab86
2
BANK NIFTY INTRADAY LEVELS FOR 29/10/2024BUY ABOVE - 51420 SL - 51160 TARGETS - 51700,51860,52020 SELL BELOW - 51160 SL - 51420 TARGETS - 50920,50670,50380 NO TRADE ZONE - 51160 to 51420 Previous Day High - 51700 Previous Day Low - 50920 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:BANKNIFTY
by Jagadheesh_JP
NIFTY INTRADAY ANALYSIS FOR 29/10/2024BUY ABOVE - 24340 SL - 24100 TARGETS - 24450,24530,24620 SELL BELOW - 24220 SL - 24340 TARGETS - 24100,24010,23900 NO TRADE ZONE - 24220 to 24340 Previous Day High - 24450 Previous Day Low - 24100 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - A ll information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:NIFTY
by Jagadheesh_JP
6
NIFTY Levels for October 29, 2024NIFTY Levels for Today Here are the today's NIFTY Levels for intraday. Based on market movement, these levels can act as support, resistance or both. Please consider these levels only if there is movement in index and 15m candle sustains at the given levels. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly, the SL (Stop loss) for each SELL trade should be the previous GREEN candle above the given level. Note: This idea and these levels are only for learning and educational purpose. Your likes /boosts gives us motivation for continued leaning and sharing ideas.
NSE:NIFTY
by RainingMoneywithTech
BANKNIFTY Levels for October 29, 2024BANKNIFTY Levels for Today Here are the today's BANKNIFTY Levels for intraday. Based on market movement, these levels can act as support, resistance or both. Please consider these levels only if there is movement in index and 15m candle sustains at the given levels. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly, the SL (Stop loss) for each SELL trade should be the previous GREEN candle above the given level. Note: This idea and these levels are only for learning and educational purpose. Your likes /boosts gives us motivation for continued leaning and sharing ideas.
NSE:BANKNIFTY
by RainingMoneywithTech
Gold near to ATHAfter gap down opening Gold price again trading near to ATH and price now sustaining on PWH on H1. For sell we have to wait for rejection on ATH area (2755-59: for scalping only right now with tight SL on Intraday No confirmation, No sell) and for next move in higher side price need to breakout and need to sustain above this area and then we can look for buy in higher side towards weekly R1 and then R2. For a safe sell I think better wait for price to close below 2738 (As wee have High volume support at 2738-40,H1 or H4) and in Higher side there is no major confirmation right now.
OANDA:XAUUSD
by iambalramkashyap
Gold Pauses Amid Pressure, but the Future Remains BrightThe record-breaking rally in gold has come to a halt as the USD strengthens and U.S. Treasury yields reach their highest level in three months. Meanwhile, investors are awaiting key U.S. economic data to gauge the Fed’s next move, which is also pressuring gold prices. However, Alisa predicts that if the market expects continued rate cuts, investment demand for gold will rise further, pushing prices up. The technical chart shows two strong support levels at 2,732 and 2,747, which could serve as a robust base for gold to gradually return to an uptrend. Although gold is currently experiencing a slight decline, this is likely temporary as investors await new signals. The forecast suggests that if gold can regain upward momentum, it could reach $2,900 per ounce within the next 12 months.
OANDA:XAUUSD
by Alisa_Rokosz
PRE MARKET ANALYSIS OF NIFTY AND BANK NIFTY FOR 29 OCT 202429 Oct 2024 WORLD MARKETS 1. World markets are consolidating with a positive bias. INDIA VIX AND GIFT NIFTY 1. India VIX has pulled back as explained yesterday. We may see more downside in VIX and a pull back to 24500 - 24700 levels. 2. GIFT NIFTY is indicating a 60 point uptick at 24380 levels. This amounts to 51500 for Bank Nifty. INDEX HEAVY WEIGHTS 1. HDFC Bank has support at 1720 levels. 1750 is a good resistance. 2. ICICI Bank is bullish. 1278 is a good support. 3. Reliance because of bonus issue of shares was down 49 %. But it is still bearish. TRADING PLAN 1. NIFTY OPEN BETWEEN 24437 - 24240: Wait for consolidation and break above 24535. 2. NIFTY OPEN ABOVE 24437: Wait for a consolidation and break above 24535 decisively. However any dip below 24350 will be bearish. 3.NIFTY OPEN BELOW 24240: Sell Any rally to 24300. 4.BANK NIFTY OPEN BETWEEN 51430 - 51101: Avoid trade. 5.BANK NIFTY OPEN ABOVE 51430: Wait for a break above 51650 decisively. 6.BANK NIFTY OPEN BELOW 51100:Sell any rally to 51350 levels. 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 29 OCT 2024
NSE:NIFTYLong
by sam20051968
Is SUIUSDT Ready for a Bullish Surge? Key Levels to Watch NowYello Paradisers! Have you been watching SUIUSDT closely? If not, you might be missing out on a major opportunity! SUIUSDT has just broken out of a critical resistive trendline, signaling potential for a bullish move. But there's more to the story... 💎We’ve also seen a Change of Character (CHoCH) and the formation of an inverse head and shoulders pattern. This combination often points towards increased bullish momentum. However, before we can fully commit to a bullish outlook, there are a few key things to consider: 💎If SUIUSDT breaks above the key resistance zone and closes a candle above it, it will validate the inverse head and shoulders pattern. That could be the start of a stronger bullish run. 💎If there's a pullback instead, keep an eye on the support zone. A potential double bottom could form, but we’ll need to see an internal CHoCH in favor of a bullish market structure to increase the chances of a bounce from support. 💎On the flip side, if the price breaks down and closes below the support zone, our entire bullish setup will be invalidated. 💎Patience is key in this market, so make sure you wait for confirmation before making your move. 🎖Remember, successful trading isn't just about predictions—it's about disciplined execution and waiting for the right signals. Stay sharp! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
BankNifty on October 28, 2024Support Levels: The primary support lies near 51,000. If BankNifty moves below this level, analysts suggest it may head toward 50,500, potentially signaling increased selling pressure if breached. Resistance Levels: On the upside, BankNifty faces a resistance level around 51,470. Sustaining above this level could create bullish momentum, aiming for a possible rally toward 52,200 as the next resistance point. Today's price action may hinge on whether BankNifty can hold above the 51,000 support or break past 51,470, signaling potential directions. The overall market is showing consolidation tendencies, which means movement within this range is likely unless a breakout occurs. Traders are advised to monitor these levels closely as they represent crucial areas for potential reversals or momentum shifts in intraday trading.
NSE:BANKNIFTY
by GAVIXH
Bank Nifty on October 29, 2024Resistance Levels: Primary Resistance: 52,000. This is a strong resistance level, and crossing above it could signal bullish momentum. Secondary Resistance: 52,300. This level could act as an extended target if buying interest sustains above 52,000. Support Levels: Primary Support: 51,400. This level provides a buffer, where buying may emerge. Secondary Support: 51,000. If the price drops below 51,400, it might test this lower support. These levels serve as actionable points based on current technical insights and are ideal for identifying potential entry and exit zones depending on how Nifty and BankNifty react around these key support and resistance points. As always, monitor real-time market conditions and volumes closely to validate trade entries and exits
NSE:BANKNIFTY
by GAVIXH