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Nifty Intraday Analysis for 18th December 2024NSE:NIFTY Index closed near 24335 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 24700 Strike – 102.46 Lakh 24500 Strike – 100.29 Lakh 24600 Strike – 98.74 Lakh Put Writing 22900 Strike – 80.79 Lakh 24000 Strike – 79.80 Lakh 23500 Strike – 62.16 Lakh Index has resistance near 24500 - 24550 range and if index crosses and sustains above this level then may reach near 24700 - 24750 range. Index has immediate support near 24175 – 24125 range and if this support is broken then index may tank near 24000 – 23950 range.
NSE:NIFTY
by RKMAURYA
Banknifty Intraday Analysis for 18th December 2024NSE:BANKNIFTY Index closed near 52835 level and Maximum Call and Put Writing near CMP as below in December Month contract: Call Writing 54000 Strike – 34.38 Lakh 53500 Strike – 23.90 Lakh 53000 Strike – 19.32 Lakh Put Writing 52000 Strike – 17.06 Lakh 52500 Strike – 16.93 Lakh 53000 Strike – 14.61 Lakh Index has resistance near 53350 – 53500 range and if index crosses and sustains above this level then may reach near 53900 – 54000 range. Index has immediate support near 52350 - 52250 range and if this support is broken then index may tank near 51900 - 51800 range.
NSE:BANKNIFTY
by RKMAURYA
Finnifty Intraday Analysis for 18th December 2024NSE:CNXFINANCE Index closed near 24500 level and Maximum Call and Put Writing near CMP as below in December Month contract: Call Writing 25000 Strike – 4.34 Lakh 24800 Strike – 1.94 Lakh 24900 Strike – 1.52 Lakh Put Writing 24800 Strike – 1.48 Lakh 24500 Strike – 1.19 Lakh 24700 Strike – 1.08 Lakh Index has resistance near 24700 - 24750 range and if index crosses and sustains above this level then may reach near 24950 - 25000 range. Index has immediate support near 24350 – 24300 range and if this support is broken then index may tank near 24150 – 24100 range.
NSE:CNXFINANCE
by RKMAURYA
Midnifty Intraday Analysis for 18th December 2024NSE:NIFTY_MID_SELECT Index closed near 13075 level and Maximum Call and Put Writing near CMP as below in December Month contract: Call Writing 13200 Strike – 3.88 Lakh 13000 Strike – 3.83 Lakh 13300 Strike – 2.88 Lakh Put Writing 13000 Strike – 5.83 Lakh 12800 Strike – 3.05 Lakh 13100 Strike – 2.67 Lakh Index has immediate resistance near 13200 – 13250 range and if index crosses and sustains above this level then may reach 13350 – 13400 range. Index has immediate support near 13000 – 12950 range and if this support is broken then index may tank near 12850 – 12800 range.
NSE:NIFTY_MID_SELECT
by RKMAURYA
NIFTY50: INSTITUTIONAL LEVELS FOR 18/12/2024Overview This trading system combines simplicity with powerful insights for accurate entries and exits. It is structured for active traders using the 5-minute timeframe who want to make clear, confident trading decisions in fast-moving markets. Key Strategy Guidelines Retest Entries : Aim to enter trades on retests rather than breakouts, offering better positioning. Multiple Confirmations : Use more than one confirmation to validate each trade, helping avoid impulsive decisions. ATM Options Focus : Stick to at-the-money (ATM) options or above for optimal liquidity and manageable risk. System Explanation This setup leverages volume, historical price action, and price ranges to pinpoint high-probability entry and exit points. This methodology is designed to reduce guesswork, allowing traders to manage trades with a consistent approach. How It Works: Entry/Exit Signals Blue Line : Signals potential long entry. Red Line : Indicates potential short entry. Tip : Align these signals with additional confirmations from your trading strategy for optimal performance. Stop Loss and Take Profit Levels Stop Loss: Long Trades : Set your stop loss at the nearest red line below the entry point, or adjust based on whether the 5-minute candle crosses the red line. Short Trades : Use the blue line above as the stop loss. Take Profit: Long Entries :Target the next red line above or exit if other indicators suggest a prudent exit. Short Entries :Target the next blue line below following similar guidelines. Timeframe Recommendation This system is specifically optimized for the 5-minute timeframe, making it suitable for those trading shorter intervals with precision. Risk Disclaimer Trading involves high risk, and rapid price changes can lead to unexpected losses. Only trade with capital you can afford to lose, and carefully assess your financial situation and risk tolerance. Join the Community Discussion Engage with other traders to discuss strategies, share insights, and enhance your understanding of the markets. Let’s grow together as a community of traders. Original Content This trading system is the product of my own expertise and rigorous testing. It’s a unique approach developed through real market experience to offer a clear edge in trading.
NSE:NIFTY
by tony_fx_sm
BankNifty levels - Dec 19, 2024Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We trust that this information proves valuable to you. * If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it. Wishing you successful trading endeavors!
NSE:BANKNIFTY
by sacxe
Nifty levels - Dec 19, 2024Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We hope you find this information beneficial in your trading endeavors. * If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it. Wishing you success in your trading activities!
NSE:NIFTY
by sacxe
MARKET SEDUCES YOU AND THEN ABUSES YOUIf you’ve been trading for a while, you’ve likely experienced the bittersweet relationship every trader has with the market. It's alluring, promising wealth and freedom, but just when you think you're in control, it turns around and shows you who's boss. If you ask me, the market is like that one girl (or guy) who seduces you with charm, only to leave you questioning every decision when reality sets in. Let me explain. The Seduction: The Perfect Setup Every trader starts their journey starry-eyed. Charts look predictable, patterns seem reliable, and the idea of making money feels as simple as "buy low, sell high." You see a bullish setup—a textbook breakout or a pristine reversal—and your confidence skyrockets. The market whispers sweet nothings: "You're smart." "You’ve got this figured out." "This trade is the one that will change everything." Your heart races as you enter the trade, convinced that profits are just a formality. The charts, like a perfectly written love letter, pull you in deeper. The Abuse: The Sudden Betrayal And then it happens. That perfect setup? It fails. Your stop-loss gets triggered, or worse, you hold on as the market spirals out of control, dragging your account with it. The promises of wealth turn into whispers of regret: "Why didn’t you see the signs?" "You should’ve exited earlier." "You’re not cut out for this." The very market that lured you in with promises of riches now mocks you with losses. Your emotions swing wildly—frustration, regret, even self-doubt. The Cycle of Hope and Hurt What makes the market truly intoxicating (and dangerous) is its unpredictability. Just when you're ready to walk away, it offers another chance—a new setup that looks even better than the last. It reels you back in, and the cycle repeats. The seductive charm of the market lies in its ability to make you believe you’re in control, only to remind you of its dominance when you least expect it. It tests your patience, discipline, and ego like nothing else. How to Survive the Relationship To thrive in the market, you must treat it with respect and caution, like a volatile relationship: 1. Detach from Emotion: Avoid getting too attached to any single trade. The market owes you nothing. 2. Have Clear Boundaries: Use stop-losses and position sizing to protect yourself. Don't give the market more than you're willing to lose. 3. Stay Humble: Overconfidence is the market's favorite weakness to exploit. Stay grounded and stick to your plan. 4. Learn from the Pain: Losses are inevitable, but they’re also lessons. Reflect and adapt after every setback. The Market Is What You Make It While the market can seduce and abuse, it’s ultimately neutral—it’s neither good nor evil. The key is in how you approach it. Treat it with caution, embrace the uncertainty, and remember: no one trade will make or break your career. Trading isn’t just about winning; it’s about surviving. So, the next time the market flashes its charm, remind yourself: looks can be deceiving. Stay vigilant, and don’t let its allure blind you to the risks.
NSE:NIFTYEducation
by keshevdugar
Nifty trades and targets for - 18/12/24Hello Everyone. The market was in a bearish mode today. 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.
NSE:NIFTY
by GOPISRI
Pre Market analysis for 18/12/2024 Pre Market analysis for 18/12/2024 #NIFTY50 If market opens flat and breaks 24300 will plan for selling for target 24150 level. If market opens gap down, wait for retest of yesterday closing level, then plan for selling for target 24150. level. If market opens gap up, wait for breakout of 24500 level, then plan for buying for target 24700 level. Disclaimer:-All views are my personal and only for educational purpose. #StockMarketIndia #LetsLearnTogether
NSE:NIFTY
by EmpireCrown
Lecture for option trader Derivatives - Options & Futures: Interactive Brokers. Practical Guide to Trading: Interactive Brokers. Trading Strategies in Emerging Markets: Indian School of Business. Financial Engineering and Risk Management: Columbia University. If you think the stock price will move up: buy a call option, sell a put option. If you think the stock price will stay stable: sell a call option or sell a put option. If you think the stock price will go down: buy a put option, sell a call option.
NSE:BANKNIFTYEducation
by SkyTradingZone
BANKNIFTY: INSTITUTIONAL LEVELS FOR 18/12/2024Overview This trading system combines simplicity with powerful insights for accurate entries and exits. It is structured for active traders using the 5-minute timeframe who want to make clear, confident trading decisions in fast-moving markets. Key Strategy Guidelines Retest Entries : Aim to enter trades on retests rather than breakouts, offering better positioning. Multiple Confirmations : Use more than one confirmation to validate each trade, helping avoid impulsive decisions. ATM Options Focus : Stick to at-the-money (ATM) options or above for optimal liquidity and manageable risk. System Explanation This setup leverages volume, historical price action, and price ranges to pinpoint high-probability entry and exit points. This methodology is designed to reduce guesswork, allowing traders to manage trades with a consistent approach. How It Works: Entry/Exit Signals Blue Line : Signals potential long entry. Red Line : Indicates potential short entry. Tip : Align these signals with additional confirmations from your trading strategy for optimal performance. Stop Loss and Take Profit Levels Stop Loss: Long Trades : Set your stop loss at the nearest red line below the entry point, or adjust based on whether the 5-minute candle crosses the red line. Short Trades : Use the blue line above as the stop loss. Take Profit: Long Entries :Target the next red line above or exit if other indicators suggest a prudent exit. Short Entries :Target the next blue line below following similar guidelines. Timeframe Recommendation This system is specifically optimized for the 5-minute timeframe, making it suitable for those trading shorter intervals with precision. Risk Disclaimer Trading involves high risk, and rapid price changes can lead to unexpected losses. Only trade with capital you can afford to lose, and carefully assess your financial situation and risk tolerance. Join the Community Discussion Engage with other traders to discuss strategies, share insights, and enhance your understanding of the markets. Let’s grow together as a community of traders. Original Content This trading system is the product of my own expertise and rigorous testing. It’s a unique approach developed through real market experience to offer a clear edge in trading.
NSE:BANKNIFTY
by tony_fx_sm
6
#Nifty directions and levels for December 18th.Good morning, friends! 🌞 Here are the market directions and levels for December 18th. Market Overview: The global market continues to show moderately bearish sentiment (based on the Dow Jones), while our local market is also exhibiting similar bearish signs. In the previous session, both Nifty and Bank Nifty experienced solid corrections. So, what can we expect today? It’s important to remember that we are in a range-bound market and currently near its bottom. This makes predicting the next move challenging. However, based on the structure, I have observed some key points: Even though the market fell yesterday, a minor diagonal structure formed at the end of the swing. If the market finds support around the immediate support level during the initial session, we can anticipate a 23% to 38% bounce back. However, the pullback can continue only if the market breaks the 38% retracement level. If it does, the next pullback targets could be at the 50% and 78% levels. Conversely, if it doesn’t break the 38% level, the market could consolidate before continuing its correction. This forms the basic structure. Let’s explain this further using the chart. Both Nifty and Bank Nifty are currently showing the same structural sentiment. Current View: Today, the market may start negatively, based on the Gift Nifty sentiment. If this happens, we can expect a minimum correction down to MDZ. After this correction, if there is a rejection, a 23% to 38% bounce back could follow. However, it is crucial to note that unless the market breaks the 38% retracement level, we cannot expect a further pullback continuation. This means the market’s bias will remain bearish until the 38% level is breached. Alternate View: The alternate view suggests that if the correction develops into a solid structure, it could continue further with some consolidation. In this case, we can use the EMA20 as a marker for potential reversals. This means the solid correction will likely persist until the market breaks above the EMA20 level. However, it is important to note that the EMA20 is reliable only during solid movements. If the market undergoes prolonged consolidation, the EMA20 could generate false signals.
NSE:NIFTY
by Manickamtraders
2
#Banknifty directions and levels for December 18th.Current View: Today, the market may start negatively, based on the Gift Nifty sentiment. If this happens, we can expect a minimum correction down to 78% retracement level. After this correction, if there is a rejection, a 23% to 38% bounce back could follow. However, it is crucial to note that unless the market breaks the 38% retracement level, we cannot expect a further pullback continuation. This means the market’s bias will remain bearish until the 38% level is breached. Alternate View: The alternate view suggests that if the correction develops into a solid structure, it could continue further with some consolidation. In this case, we can use the EMA20 as a marker for potential reversals. This means the solid correction will likely persist until the market breaks above the EMA20 level. However, it is important to note that the EMA20 is reliable only during solid movements. If the market undergoes prolonged consolidation, the EMA20 could generate false signals.
NSE:BANKNIFTY
by Manickamtraders