Get started

Market indices

Banknifty sell given 51650 ,sell rise SL 51900 ,50550,50100 tgtDisclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks Trailing SL (SL 27.2 % )retracement Which is SL points then take Entry on Buy or Sell Trade SL - D points Which is recent High / Low mentioned in Chart is our SL TARGET - Target 1- (T1 : 38.2) Target 2- (T2 : 50 %) Target 3-  (T3 : 61.8%) Target 4-  (T4 : 78.6%) Please note:- It's working on news based and volitile market very well so exit if SL hit
NSE:BANKNIFTYShort
by JaiPrakashShuklaHarmonicTrader
Nifty yesterday sell given near 23830 until 23860 not break sellDisclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks Trailing SL (SL 27.2 % )retracement Which is SL points then take Entry on Buy or Sell Trade SL - D points Which is recent High / Low mentioned in Chart is our SL TARGET - Target 1- (T1 : 38.2) Target 2- (T2 : 50 %) Target 3-  (T3 : 61.8%) Target 4-  (T4 : 78.6%) Please note:- It's working on news based and volitile market very well so exit if SL hit
NSE:NIFTYShort
by JaiPrakashShuklaHarmonicTrader
#Nifty directions and levels for Friday, December 27th:Good Morning, friends! 🌞 Here are the market directions and levels for Friday, December 27th: Market Overview The global market shows a moderately bullish sentiment (based on Dow Jones), but our local market is leaning toward a moderately bearish sentiment. Today, the market may open neutral or slightly gap-up, as the Gift Nifty indicates a 40-point positive start. In the previous session, Nifty and Bank Nifty moved in different directions; however, by the end of the day, both closed near the middle of their respective ranges. We are still in a range-bound market, and until the range is broken, we cannot expect any significant directional movement. What about today? It’s a bit difficult to say because Nifty is showing signs of a pullback move, while Bank Nifty is indicating a downtrend. How can we interpret this? Whenever the market exhibits such conflicting signals, it mostly leans toward consolidation. However, if both indices move in the same direction and a proper signal occurs, we can consider taking a position. This is the basic structure. Let’s analyze the chart for more insights. Nifty Current View The current view suggests that if the gap-up sustains, we can expect a pullback toward 38% on the upside. After that, if rejection occurs at this level, a correction can be expected. On the other hand, if the pullback has a solid structure and is followed by a range breakout (above 38%), the pullback is likely to continue further. Alternate View: If the market declines after the gap-up, the range-bound scenario will likely persist. In this case, the corrective targets are expected to reach a minimum of 23,609.
NSE:NIFTY
by Manickamtraders
1
#Banknifty directions and levels for Friday, December 27th:Bank Nifty Current View The Bank Nifty's current view indicates that if the market declines after the gap-up, we can expect the correction to continue, accompanied by some consolidation. The corrective targets are expected to reach a minimum of 50,851, based on the Elliott Wave structure. Alternate View: If the gap-up sustains, Bank Nifty could rise to a maximum of 51,571, which acts as a major resistance. Here, it is important to note that we are in a corrective wave. Until the previous high is broken, further continuation cannot be expected. If the previous range breaks, we can anticipate targets around 51,943 to 52,174. Conversely, if the market does not break 51,571, some consolidation before the correction is likely.
NSE:BANKNIFTY
by Manickamtraders
Market overviewAs we see overall Indian market is being negative. 1) The structure of nifty 500 is not good. 2) Nifty 50 is already broke inverted head and shoulder pattern. 3) Banknifty structure is little better but having low high structure. 4) Mid cap better than nifty 50. 5) NityIT is showing strength. it has already breakout its all time high and retracing back on 50EMA.RS is also positive. 6) Niftypharma is also breakingout from 50EMA RS is positive. mid cap better than nifty 50 7) Smallcap is showing strength. It has moved above its all time high and retracting back on 50EMA.
NSE:CNXIT
by manishverma11
NIFTY Levels for December 27, 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
"Mastering the Path to Becoming the World’s Best Trader"Becoming the best trader in the world is an ambitious goal that requires a mix of knowledge, discipline, resilience, and strategic decision-making. Here’s a roadmap to guide you: 1. Build a Strong Foundation Learn the Basics: Understand trading instruments (stocks, forex, options, futures, etc.), markets, and economic indicators. Study Trading Strategies: Explore fundamental analysis (company performance, economic data) and technical analysis (charts, patterns, indicators). Educate Yourself: Read books like "The Intelligent Investor" by Benjamin Graham, "Trading in the Zone" by Mark Douglas , or "Market Wizards" by Jack Schwager . Take courses or attend seminars. 2. Develop a Trading Plan Define Your Goals: Are you aiming for short-term gains (day trading) or long-term wealth (investing)? Risk Management: Set rules for position sizing, stop-losses, and risk-to-reward ratios. Never risk more than you can afford to lose. Choose a Niche: Focus on a market or strategy you understand well (e.g., swing trading stocks, scalping forex). 3. Practice and Gain Experience Paper Trading: Start with a demo account to test your strategies without risking real money. Start Small: Begin with a small account and gradually increase your investment as you gain confidence and skill. Keep a Trading Journal: Document every trade—what worked, what didn’t, and why. 4. Master Emotional Discipline Control Greed and Fear: Emotional trading leads to mistakes. Stick to your plan. Be Resilient: Accept losses as part of the process and learn from them. Stay Patient: Success takes time and perseverance. 5. Stay Informed Market News: Follow financial news, economic reports, and geopolitical events that affect markets. Continuous Learning: Markets evolve, so stay updated on new strategies, tools, and technologies. 6. Leverage Technology Use Tools: Learn to use trading platforms, charting software, and algorithmic trading systems. Automate Strategies: Explore algorithmic trading or bots if you’re comfortable with programming. 7. Network and Learn from Others Automate Strategies: Explore algorithmic trading or bots if you’re comfortable with programming. Join Communities: Engage with other traders on forums, social media, or local meetups. Mentorship: Find a mentor or follow experienced traders to gain insights and avoid common pitfalls. 8. Be Ethical and Authentic Integrity: Build trust by trading honestly. Manipulative or unethical practices can harm your reputation. Personal Growth: Focus on consistent improvement rather than comparison with others. 9. Diversify and Adapt Expand Markets: Once skilled, diversify into different markets or instruments. Adapt Strategies: Adjust your trading style as market conditions change. 10. Aim for Mastery Deep Expertise: Study and refine your trading niche to become a thought leader. Share Knowledge: Write books, teach, or mentor others to cement your expertise. Innovate: Develop unique strategies or systems that differentiate you. Success in trading is a marathon, not a sprint. It requires consistent effort, adaptation, and humility. With dedication and perseverance, you can work toward becoming one of the best in the world I hope that you all would find this educational material valuable and engaging. If you appreciate this type of content, I encourage you to show your support by liking this post and following me for more educational insights in the future.
NSE:NIFTYEducation
by TraderRahulPal
BANKNIFTY Levels for December 27, 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
nifty trades and targets - 27/12/24Hello Everyone. The market was in a very tight range the previous day. Let the resistance or support range break with 15-minute candle before going for any trades. If we do trades in between these zones premium eating will happen and we end up seeing losses. Book profits every 30 points as we are getting very few trending moves.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.
NSE:NIFTY
by GOPISRI
Nifty Trading Strategy for 27th December 2024Nifty Trading Strategy Buy Scenario Entry Point: Enter a Buy trade if the price of Nifty closes above the high of the 1-hour candle at 23,870. Upside Targets: First Target: 23,925 Second Target: 23,975 Third Target: 24,030 Stop Loss: Place a stop loss below the nearest support level or the low of the breakout candle. This helps to limit your downside risk in case the trade does not move in your favor. Sell Scenario Entry Point: Enter a Sell trade if the price of Nifty closes below the low of the 1-hour candle at 23,640. Downside Targets: First Target: 23,620 Second Target: 23,580 Third Target: 23,530 Stop Loss: Place a stop loss above the nearest resistance level or the high of the breakout candle to minimize potential losses. Risk Management: Always determine your position size based on risk tolerance and maintain a reward-to-risk ratio of at least 2:1 for better trade outcomes. Market Sentiment: Keep an eye on global cues, news events, or announcements that may impact market movement. Disclaimer: This analysis is for educational and informational purposes only and does not constitute financial, investment, or trading advice. Please note: I am not SEBI-registered, and this strategy is based on my personal understanding of the market. Trading in financial markets carries significant risk, including the risk of losing your entire investment. Use this strategy at your own discretion, and ensure you understand the risks involved. It is strongly recommended to consult with a SEBI-registered advisor or conduct your own research before making any trading decisions. Past performance is not indicative of future results.
NSE:NIFTY
by ramkkyy
26th Dec '24 - Last Expiry of Calendar year, Nifty is bearishNifty Stance Bearish ⬇ On a week-to-week basis, we only fell 204pts ~ 0.85%, but things definitely did not look good last Friday. We could have easily taken out the 23350 levels but the reversal on Monday halted the momentum. I guess the sellers will have to rally the market again to push it down later. On Friday, Nifty had a high of 24065 and a low of 23537, a spread of 528 points. Everything pointed southward and our bearish plan was getting executed as per the script. On Monday, we had a temporary retracement - maybe the excess shorts would have covered, this took us to almost 50% of the Fibonacci fall levels of the previous day. Unfortunately on Tuesday, we did not have that continuity and Wednesday was a holiday due to Christmas. I thought we might have a trending day today, but that plan also failed. I have still my hopes pinned on further bearish moves, but not before we go up a little bit because at current levels I do not see any one-sided momentum. The catch is if we fall from the current levels without a trigger, then the downward push will be much more brutal. 24177 would be a resistance above which I would go bullish.
NSE:NIFTYShort
by viswaram
PRE MARKET ANALYSIS OF NIFTY FOR 27 DEC 202427 Dec 2024 WORLD MARKETS 1. US markets have bounced back. 2. Asia and Europe is mixed. INDIA VIX AND GIFT NIFTY 1. India VIX is still hovering around 15. 2. GIF Nifty is indicating 45 points uptick at 23800. INDEX HEAVY WEIGHTS 1. HDFC Bank is range bound between 1810 - 1795. It may remain rangebound for some more time. 2. ICICI Bank is bullish with support at 1300 and resistance at 1307. Any move above 1307 is bullish. 3. Reliance is bearish. Move above 1240 is positive while move below to 1220 is bearish. TRADING PLAN 1. NIFTY OPEN BETWEEN 23800 - 23695 : NO TRADE. 2. NIFTY OPEN ABOVE 23800 : Wait for a consolidation and move above 23875 decisively. 3. NIFTY OPEN BELOW 23700: Wait for a consolidation between 23700 and 23630 and break below 23630 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.
NSE:NIFTY
by sam20051968