Weak New Year By Nifty Expecting Nifty to trade into the gap ( Volume imbalance) and then continue its sell off... bias is short till 23600.. Major view 23265 until it gets changed Shortby Krish_KohalUpdated 7
idea for nifty 50The gap created due to the Fed meeting will be filled and then the momentum will continue. And the volume also appears to be falling. And if we look at the option chain, a good resistance seems to be forming at 24000 and 24200 and support at 23500 These data keep on changing that is why I do not rely on them.by vj_Sharma6
Nifty Trading Strategy for 3rd January 2025Nifty Trading Strategy Key Levels: Buy Above: The high of the 15-minute candle that closes above 24,235 Sell Below: The low of the 1-hour candle that closes below 24,035 Targets: Upside Targets: 24,275, 24,318, 24,352 Downside Targets: 24,980, 24,945, 24,900 Strategy Details: Buy Signal: Enter a buy position above the high of the 15-minute candle that closes above 24,235, aiming for targets of 24,275, 24,318, and 24,352. Sell Signal: Enter a sell position below the low of the 1-hour candle that closes below 24,035, aiming for targets of 24,980, 24,945, and 24,900. Trailing Stop-Loss: Use a trailing stop-loss to manage risk and protect your capital. Book Profits: Regularly book profits at the specified resistance and support levels. Disclaimer: I am not SEBI registered. This strategy is based on historical data and technical analysis. Past performance is not indicative of future results. Trading involves risk, and you should only invest money that you can afford to lose. Always conduct your own research or consult with a financial advisor before making any trading decisions.by ramkkyy6
NIFTY Intraday Trade Setup 30 Dec 2024NIFTY Intraday Trade Setup 30 Dec 2024 Bullish-Above 23965 Invalid-Below 23915 T- 24200+ Bearish-Below 23790 Invalid-Above 23840 T- 23550 NIFTY has closed on a halt note with minor gain of 0.96% last week. It has traded in a narrow range of 1% the whole week. It has compressed and formed a inside candle in weekly TF. We will maintain bearish stance and sell on rise approach till index trades below 50 EMA. Bearish sentiment will be stronger till it closes below PDH. 23965 and 23790 are intra levels for Monday. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 23965 then we will long for the target of 24200. For selling we need a 15 Min candle closes below 23790. T- 23550. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.by Omahto6
NIFTY analysis for tomorrow 03 JAN 24As we discussed, the NIFTY has been in sideways accumulation phase, it has broken to upside. If we look at the chart now: The market is trading at 50 EMA (1D-tf) and 200 EMA (4H-tf) resistance levels. Also, the market has given good bullish momentum today. Tomorrow might be a small side day. Also, the market is trading near the resistance level, which is going to provide good resistance. Important levels and trendlines have been marked on the chart. Support levels: 200 EMA, 23950, 50 EMA (23800) Resistance levels: 24167, Trendline (PINK), 24330 If we look at the OI data: PCR = 1.2, which shows a good bullish structure in the market. The market has 24200 as max pain. As it is the very beginning of the weekly expiry, OI data is not going to play a very crucial role. Lower sides 24000, 23900, and 23800 have very good PE writing, so bulls are quite strong on lower levels. On higher levels, 24500 has good CE writing, which is going to provide good resistance. I am expecting The market is to be sideways unless it breaks the PINK trendline. Reason: RSI = 77 shows a bullish structure. (Bullish) - Price > EMA(13, 50, 200), which indicates a good Bullish structure. (Bullish) PCR = 1.2 indicates bullish direction in the market. Price > VWAP shows a good bullish structure in the market. Verdict: Sideways or Bullish Plan of action: Sell 24200 CE and Sell 24200. PE holds it in the range. Exit one leg if it breaks to one side. Longby finnova_9
NIFTY Levels for January 2, 2025NIFTY 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. by RainingMoneywithTech4
Nifty Intraday Analysis for 3rd January 2025NSE:NIFTY Index closed near 24190 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 24200 Strike – 36.59 Lakh 24500 Strike – 29.98 Lakh 24000 Strike – 23.56 Lakh Put Writing 24000 Strike – 39.03 Lakh 23900 Strike – 36.22 Lakh 24200 Strike – 30.25 Lakh Index has resistance near 24250 - 24300 range and if index crosses and sustains above this level then may reach near 24450 - 24500 range. Index has immediate support near 23950 – 23900 range and if this support is broken then index may tank near 23800 – 23750 range. Longby RKMAURYAUpdated 4
Option chainAn option chain is a comprehensive list that shows you all available option contracts for a given stock. These are sorted by their expiration date, which is the last day you can trade or use the option, and strike price, which is the price at which you can buy (call) or sell (put) the stock. How does an option chain work? An option chain displays available call and put options for a specific underlying asset, with their strike prices, premiums, and open interest. It provides a snapshot of market sentiment and potential price movements. Education08:05by SkyTradingZone21
NIFTY MATHEMATICAL LEVELS FOR THIS EXPIRYThese Levels are based on purely mathematical calculations. Validity of levels are upto expiry of current week. How to use these levels :- * Mark these levels on your chart. * Safe players Can use 15 min Time Frame * Risky Traders Can use 5 min. Time Frame * When Candle give Breakout / Breakdown to any level we have to enter with High/Low of that breaking candle. * Targets will be another level marked on chart * Stop Loss will be Low/High of that Breaking Candle. * Trail your SL with every candle. * Avoid Big Candles as SL will be high then. * This is one of the Best Risk Reward Setup. For Educational purpose onlyby StocksOptionBlaster6
"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.Educationby TraderRahulPal16
#Nifty directions and levels for January 3rd, Friday:Good Morning, friends! 🌞 Here are the market directions and levels for January 3rd, Friday: Market Overview: The global market shows a moderately bearish sentiment (based on the Dow Jones), while our local market leans towards a moderately bullish sentiment. In the previous session, Nifty and Bank Nifty experienced a pullback, but compared to Bank Nifty, Nifty performed better. What can we expect today? The pullback structure suggests it could continue after some consolidation. However, the global market and some parameters do not support this, so we should approach it with caution. Let’s take a look at the charts. Nifty Current View: The current perspective based on the pullback structure indicates that whenever the market experiences a solid rally, it typically does not break the 38% retracement during profit booking. If the market opens with a gap-down, we could see a maximum correction of 23% to 38%. If the market finds support around this level, we can expect some consolidation between the previous high and the 38% level on the downside. After that, if it breaks the previous high, the rally will likely continue toward 24,324. This is the basic structure. Alternate View: An alternate perspective based on some parameters suggests that if the gap-down has a solid structure, it could reach the 50% Fibonacci level in the minor swing. However, even with a solid structure, we cannot consider it a correction until it breaks the 50% mark. If it does break that level, we can then consider it a correction. If it does not break the 50% level, it could maintain a bullish bias.by Manickamtraders6
NIFTY 50 - Ready for more downside move We can see more downside if it gives pole & Flag Pattern Breakdown. So keep calm and wait for right OpportunityShortby Profit_Trader255
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BUY NIFTY 23700 CE 26TH DEC EXP @ 155 - 150 | NIFTY LONG TRADENIFTY 23700 CE 26TH DEC EXP NIFTY OPTIONS BUYING TRADE TIME FRAME RECOMMENDED TO TRACK TRADE: 5 MINS Hi Traders, Nifty is currently trading near a resistance level, and we anticipate further upside movement towards 23,820 and 23,860. We recommend buying the 23,700 CE (Call Option) with a 26th December expiry in the price range of 155 – 150, with an option to add more quantity at 125 –120. The target levels are 270 and 320, with a stop-loss set at 100. Regards, OptionsDaddy Research TeamLongby Options_DaddyUpdated 445
NIFTY50 - REVERSAL SWING TRADE ON LONG SIDESymbol - NIFTY50 NIFTY is currently trading at 23585 I'm seeing a trading opportunity on buy side. Buying NIFTY Futures at 23585 I will add more long position at 23435, if comes. Holding with SL of 23275 Targets I'm expecting are 24080 - 24210 - 24400 Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!Longby akshit_officialUpdated 18
Dow Theory on Nifty50 chartDOW THEORY UPDATE- After New Dow Bottom "X", now we have made new Dow Top "Y" as well. By seeing market condition, I feel X can be broken soon but if we cross the Dow top "Y" first then that will ends the downside officially. W is the previous significant swing high here. X is the current significant swing low here. Y is the current significant swing high here.by StockEngineers2
Nifty Intraday Analysis for 31st December 2024NSE:NIFTY Index closed near 23645 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 24000 Strike – 93.65 Lakh 23800 Strike – 66.94 Lakh 23900 Strike – 58.10 Lakh Put Writing 23000 Strike – 64.44 Lakh 23200 Strike – 61.76 Lakh 23500 Strike – 47.95 Lakh Index has resistance near 23800 - 23850 range and if index crosses and sustains above this level then may reach near 23950 - 24000 range. Index has immediate support near 23500 – 23450 range and if this support is broken then index may tank near 23300 – 23250 range. by RKMAURYAUpdated 5
Nifty 50: Key Support & Resistance Levels with Trendline SetupKey Observations: Support Levels: Strong Support at 23,537.35: This level has been tested, showing a bounce, indicating a solid demand zone. Secondary Support at 23,605.70: This area is holding minor corrections, reinforcing it as a critical level. Resistance Levels: Immediate Resistance at 23,951.70: Price has failed to breach this level, making it a crucial selling zone. Major Resistance at 24,066.05: This is the upper boundary where significant selling pressure may occur. Trendlines: The yellow trendline indicates a long-term uptrend, showing that the broader market sentiment remains bullish. The recent bounce off this trendline suggests potential upward momentum. Indicators: RSI (14): At 39.60, it's near the oversold zone, hinting at a potential reversal to the upside. The RSI-based moving average also aligns with bullish divergence. Trading Strategy: Buy Zone: Look for entries near 23,605.70 or 23,537.35 with a stop-loss just below 23,500. Target levels: 23,813.40, 23,951.70, and potentially 24,066.05. Sell Zone: Consider selling near 23,951.70 or 24,066.05 if price shows rejection candles or a bearish RSI divergence. Target levels: 23,680 and 23,605.70. Breakout Opportunity: A breakout above 24,066.05 could signal a rally to higher levels. Watch for increased volume and RSI confirmation for entries.by MURAREE_1483
Nifty major support and resistance levelsNifty is stuck in a triangle and very much in a range. Will try to find out when will be in a big move. Major support and resistances are published here. Top of Jan 2 may work as a new trend decider. by rka5084
Nifty Weekly Analysis for 30-12-24 to 03-01-25Nifty Weekly Analysis for 30-12-24 to 03-01-25 Nifty is trading in a narrow range(23500-24000) from the last 6 trading sessions. 23200-24300 is the non directional range for next week. Trending move will be only when the range shifts on either side. If Nifty sustains above 24000, upside possible and targets are 24150/24300. If Nifty trades below 23500, downside targets are 23300/23200. by n99trades5
Nifty formation inverted headd and sholder 1 hrs tfNifty formation inverted headd and sholder 1 hrs tf , it can go up side as marked will see.. by dcpandey084223
Nifty Trading Plan for 1st January 2025Trading Plan Buy Setup Condition to Enter (Buy): Enter a buy trade above the high of the candle that closes above 23,710 in the 15-minute time frame. Targets (Buy): First Target: 23,750 Second Target: 23,780 Third Target: 23,820 Stop Loss (Buy): Place your stop loss below the low of the breakout candle or a key support level based on your risk tolerance. Sell Setup Condition to Enter (Sell): Enter a sell trade below the low of the candle that closes below 23,575 in the 15-minute time frame. Targets (Sell): First Target: 23,540 Second Target: 23,490 Third Target: 23,455 Stop Loss (Sell): Place your stop loss above the high of the breakout candle or a key resistance level. Disclaimer I am not a SEBI-registered advisor. This trading plan is for educational and informational purposes only and should not be considered as financial advice. Trading in the stock market involves significant risk and may not be suitable for all investors. You should carefully consider your investment objectives, level of experience, and risk tolerance before engaging in any trading activity. Past performance is not indicative of future results. Consult a licensed financial advisor before making trading decisions.by ramkkyy3