nifty chartflag pattern support 22500 se 22800
trendily support is also same
fibonacci resistance is 24800 also upper line resistance is that
soon will breakout of flag pattern
its only view
INDIA50CFD trade ideas
Nifty I am coming here after a very very Long Time. I just happened to see the NS chart last night and saw this SET UP. Just a reminder that "" HISTORY ALWAYS REPEATS ".... and so will it NOW as well. Careful is all I am saying
NIFTY50 Nifty is at crucial support,longterm trendline support,if double bottom failed than we can see more pain in nifty,
we can expect either bat or shark pattern forming from support
@Nifty 50 Swing/short Term TradeImp NOTE : Entry After 03/FEB/2025
Risky & Normal Trade
Risky Entry Above : @23600
Normal Entry Above : @24850
SL Below : @22550, @21080
Targets : @26300, @31000.
If you want minimize risks After Entry put SL at last Higher-Low(HL) or follow trend line as SL or Trailing-SL
Plz Note : This levels are only for Swing Trade & 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 matter before investing & taking any decision. We are not responsible for any profit/loss you made.
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Nifty current view before christmas?Why am i doing this? because everyone in the market know that selling is happening
Nifty recorded worst week. selling here there blah blah blah.....
fed surprise, federal funding fears... all drama over. now its Christmas time....joy every where around. can our market give similar joy to us ? hmmm lets see.
crazy last 3 months ( Oct - Dec) , looks like some people are mad and intentionally making Nifty 50 movements similar to bank nifty movements. mostly after weekly expiry is removed. As a long time nifty trader i am actually happy that i' m able to capture more points then previously, 3-4 years back nifty used trade in 100 - 150 points range and 200- 250 if some rally day and some outliers here and there. but now a days , ayoooo , some moves are crazy , similar to dow jones candle movements, ( speed and body length).... anyway... too much out of topic.
simple view.... market is doing 5-3-5 correction. now we are at the end of 3rd leg of last 5 wave correction. see chart. simply putting some up move as Christmas rally ( leg 4) and one last wave (leg 5) of down correction is possible to end the month and also year..... finally....hahaha that felt happy to write because i learnt a lot this year...aaa again out of topic.
I generally don't care much about exact end of leg 4 or leg 5 levels, i will go with flow once new weekly and daily pivots are formed that will keep my sanity in check. anyway this is the view i currently have.
Happy Trading!!!
Happy Christmas!!!!
and Happy Newyear!!!!
aaa disclaimer.... you know , if you feel it take it or else chuck it.
#NIFTY50 Poised for a Powerful Rebound: Aiming for 30,000!The NIFTY50 index may reverse from the channel's bottom and aim for the 2.618 Fibonacci level before retracing towards the 1.618 Fibonacci level, which coincides with the low recorded on June 4th. This could pave the way for a final upward move towards the 30,000 level, aligning with the channel's top.
Nifty Short term View.Nifty Short term View.
Nifty closed last week near trendline Support which is holding the uptrend from the last few years.
23200 is the last hope for Bulls. Below 23200, we may see nifty testing 21600 levels in coming weeks/months.
Fresh uptrend in Nifty is only above 25000.
Key Levels for next Week:
23200 is major Support for Nifty Next week which is also Daily & Weekly Support.
Short level(Aggressive) is below 23200 for the targets of 23080/22780.
Long level(defensive, because against the trend) is above 24200 for the targets of 24480/24780.
Option sellers can sell the range 23200-24200 for next week.
View: Sideways market
Nifty - Is it still Bullish ?I agree Inverted Head and Shoulder pattern failed but short sellers are safe while left out Retail Option Buyers taken long bets are in loss now. As per wave pattern chart is still in last stage of Bullish stage. OI data indicating the same view. If someone manipulating to eat everyone else in market, then can't help. Indian Share market is going out of control these days with someone with bigger money power eating the entire market with manipulations. Our market are in Option Sellers gang control now. Retail Option Buyers better stay away other than long term Investing in Nifty 50 shares.
NIFTY: Weekly Decline with Oversold Opportunities Topic Statement: NIFTY has been on a falling spree this week, with the market declining daily but showing signs of support at the trend line.
Key Points:
1. The price is taking support at the trend line, indicating potential stabilization.
2. The price is below the 180-day moving average, creating oversold conditions and a buying opportunity.
3. Multiple gaps remain (marked by the blue boxes), signaling potential for recovery.
Result of yesterday's Analysis of nifty Superb performance analysis shared by me.
Nifty was slightly bullish the day before and again today a fake jump of 100 point set the retailers mindset to go upside and next candle blown the Market 500 point down
Nifty still some dip possible then reversal from 23350-23400Disclaimer -
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 30 % )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 : 50)
Target 2- (T2 : 61 %)
Target 3- (T3 : 78%)
Target 4- (T4 : 100%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
In this video it is being told that how Bank Nifty and AppointmeIn this video it is being told that how Bank Nifty and Appointment are working in a range on the coming Monday and what can they do, how much movement can happen in them, how much can they go down, how much can they go up, I am telling all this in this video, please listen to the video carefully
Nifty for Monday 23rd DecNifty can retace to 38.2 or 50% levels and go with downtrend for downside targets of 23350 , if it crosses 23790 we can see some more upside to 23490 for Monday..
Weekly Nifty- breakdownNifty weekly candle close is below the major trend line which was in support from 2023, is broken now.
23350 to 23263 is a minor support level from which market can bounce to the trend line for a retest or go back the main trendline support for some retracement levels,
Downtrend can continue once 23263 is breached , we wcan even see 21000 levels, multiple fib levels are there in green zones.. but it may take some time to reach there , this for a medium time range period...
Nifty Intraday key levels for 23.12.24Hi,
* Nifty Intraday key levels for 23.12.24
* Please mark the levels in your chart and get prepared for tomorrow
* These Support and Resistance levels have good accuracy.
Resistance 23780 / 23830
Support 23530 / 23430
* Gap zone 24065 - 24150 will be acting as strong Resistance
* As we are at a strong buying zone, we might witness a strong pull back in coming week
* Below 23300 on daily closing basis, market will witness more weakness
Regards
Bull Man
NiftyPatterns formed on the Chart
1- Head & Shoulder Pattern.
2- Bullish Pennant.
Considering this the Outlook seems neutral with Support & Resistance placed at:
Support
1- 23530
2- 23350
3- 23250
Resistance:
1- 24450
2- 24860
3- 25050.
Anticipating volatility in market due to the following factors
1- Trump Oath Ceremony
2- Union Budget
3- Q3 Earnings.
Note: This is just my view and not a recommendation to place trades based on this. Kindly, do your own research or consult your financial advisor.
500 Points NIfty TradeSame chart formed as we analysed in the morning. entry was bit tricky here but good day.
2 weeks continuously win.
See you next week guys.
Bump-and-Run Reversal TopsA bump-and-run reversal with a pointed-looking first bump, seen in Nifty
Example from US market : Many semiconductor stocks showed similar price patterns in late 1995, setting the stage for an industry-wide downturn. The ultimate low reached in mid-January 1996 comes after a decline of nearly 70%.
Lets see if this bearish pattern follows.. or will Market goes up..
Nifty Intraday Analysis for 20th December 2024NSE:NIFTY
Index closed near 23950 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
24000 Strike – 67.06 Lakh 24500 Strike – 67.03 Lakh
24300 Strike – 39.61 Lakh
Put Writing
24000 Strike – 87.98 Lakh
24000 Strike – 66.15 Lakh
23600 Strike – 26.00 Lakh
Index has resistance near 24150 - 24200 range and if index crosses and sustains above this level then may reach near 24300 - 24350 range.
Index has immediate support near 23850 – 23800 range and if this support is broken then index may tank near 23700 – 23650 range.
Nifty levels - Dec 23, 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!
Nifty - Great Danger - Target 19675Head and Shoulder almost formed on Daily chart.
Next Target marked on the chart.
Nifty ready for one more correctionIf the price closes below B point, there is a free fall of 1700 points. Let's wait for the breakout. This is for educational purposes only.
NIFTY 20-12-2024 FRIDAYSo, pre open was flat with US market at the lower of the ends. We estimated market to fall and take a support at 23656 which we almost achieved by 02:50. Lots of twists and turns in between but our target projections were correct.
Focus that was on:
US market - downward
Nifty top 5 components 1 up 4 downs at pre open.
gold rates up.
So there was sure shot chance of fall. But as always market builds up an entry point before fall. So market moved up and touched 24000 to create an entry point. from where the reversals happened.
This could have also been identified from the option pricing of 24500 & 23500 conjunction which i used in the chart to make decision. The price of 23500 almost move to 37 at 11-12 around before moving downwards.
& resulted in profits.
