VIEW ON NIFTYBuy zone: 24450-24500 Target 24550/24600/24650/24700/24750/24800 Stop loss 24400 Sell zone: 24700-24650 Target 24600/24550/24500/24450/24400 Stop loss 24750 I am just representing my views For educational purpose only.by dakshb38390
NIFTY Prediction for Next YearHello Guys, Do not Panic. This is a NIFTY chart prediction for next year. Hope I am proven wrong. BUT: Fundamental investing: This analysis is considering the wars, inflation, interest rates, dollar-rupee, lending, fmcg slow down. Multiple interlocked factors contributing to slow progress for the next year. Technical investing: Based on technical Patterns there is gap up that has not been filled at 20500 level. And as per history, we all know what happens to gap ups. Also I have analyzed multiple year rally-consolidation-fall-rally to come up with this. Emotional investing: I expect to see a lot of people panic, book losses and hold red stocks. This will reduce the investment emotion built over a couple of years. What's the way around: Individual stock investing in the top 200 companies. Find picks that you understand. Longby Joker08050
Nifty Intraday Support & Resistance Levels for 12.12.2024On Wednesday, Nifty opened flat to positive, tested a low of 24583.85 and a high of 24691.75 during the session. It closed at 24641.80, gaining 31 points over the previous close. While the Weekly Trend (50 SMA) remains sideways, the Daily Trend (50 SMA) is positive, indicating a cautiously optimistic outlook. Demand/Support Zones Near Demand/Support Zone (30m): 24330.20 - 24368.30 Far Demand/Support Zone (30m): 24140 - 24187.05 Far Demand/Support Zone (75m): 23447.15 - 23578.60 Supply/Resistance Zones Near Supply/Resistance Zone (15m): 24772.60 - 24857.75 Near Supply/Resistance Zone (Weekly): 24567.65 - 25234.05 (Current price inside the zone) Far Supply/Resistance Zone (Daily): 25739.20 - 25907.60 Far Supply/Resistance Zone (Daily): 26151.40 - 26277.35 Critical Level: Nifty is facing resistance around 24700. If it fails to sustain above this level, a correction towards 24370 or lower can be expected.by PriteshPalan1
Nifty 50 Index Chart Analysis 1. **Chart Overview** The Nifty 50 Index chart in a 30-minute time frame is displayed with Heikin Ashi candles. Key features include: **Price Structure**: A head-and-shoulders (H&S) pattern is observed. **Indicators**: Volume, MACD (Moving Average Convergence Divergence), and RSI (Relative Strength Index) are used for analysis. **Targets and Key Levels**: Marked levels for potential breakout or breakdown scenarios. 2. **Key Chart Features and Pattern Observation** **Head-and-Shoulders Pattern**: **Left Shoulder**: Formed at an earlier high. **Head**: Higher high showing a temporary peak. **Right Shoulder**: A lower high indicates weakening bullish momentum. **Neckline**: Horizontally aligned at **24,510.65**, acting as support. This pattern suggests a bearish setup if the neckline is broken downward. **Bearish Divergence**: Visible on the MACD, indicating weakening momentum despite the price attempting to consolidate near the highs. **Trend Weakness**: The candles show smaller body sizes near the right shoulder, indicating indecision or fading strength. 3. **Indicator Analysis** **Volume**: Volume spikes during the head formation. Declining volume during the right shoulder suggests weakening bullish interest. **MACD**: Displays bearish divergence with lower highs on the histogram compared to price action. MACD line is crossing near the signal line, signaling indecision or potential bearishness. **RSI**: Currently at **58.78**, which is neutral but approaching overbought territory. This reinforces caution for bullish moves. 4. **Key Levels or Price Levels** **Support (Neckline)**: **24,510.65** is a critical level for the head-and-shoulders pattern. **Resistance**: **24,857.75** marks the previous high and the breakout level. **Targets**: **Upside**: A breakout above **24,857.75** could target **25,200** or higher. **Downside**: A breakdown below **24,510.65** could target **24,295.55** or lower. 5. **Overall Summary** The Nifty 50 Index shows a head-and-shoulders pattern, indicating a potential reversal if the neckline is broken. Indicators lean bearish, with MACD divergence and declining volume supporting this outlook. However, the price is still consolidating near critical levels, and confirmation of a breakout or breakdown is needed. 6. **Recommendation or Trading Strategy** **For Bullish Traders**: Wait for a breakout above **24,857.75** with strong volume confirmation. Target: **25,200**. Place a stop-loss just below **24,510.65**. **For Bearish Traders**: Enter short positions on a breakdown below **24,510.65**. Target: **24,295.55**. Place a stop-loss just above **24,857.75**. **Neutral Traders**: Stay on the sidelines until a clear direction is established. 7. **Conclusion** The chart indicates indecision, with bearish signals from the head-and-shoulders pattern and MACD divergence. A decisive breakout above resistance or breakdown below support is required to confirm the next move. Traders should wait for volume and price action confirmation before entering positions. by ramumaurya0
Nifty took exact reversal from supply zone Nifty took exact reversal from supply zone. Sustained and continued the downward moment though the target demand zone was not hit & market close very less moment in marketShortby AIQuant-X0
NIFTY Intraday Trade Setup For 12 Dec 2024NIFTY Intraday Trade Setup For 12 Dec 2024 Buy- Above 24700 Invalid-Below 24650 T- 24850 Bearish-Below 24490 Invalid-Above 24540 T- 24250 NIFTY has closed almost on a flat note with 0.13% gain today. We discussed in the weekend that index will be sideways between 24850 and 24500. Its been three sessions and index is just consolidating between this range. For any directional move we need breakout of this range or else we will still maintain non- directional approach. However 24700 and 24490 can be tomorrow's levels to watch out. Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 24700 then we will long for the target of 24850. For selling we need a 15 Min candle close below 24490. T- 24250. 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 Omahto36
NIFTY- Intraday Levels - 12th December 2024If NIFTY sustain above 24657 then around 24674 then 24697 to 24711 or 24729 important level above this bullish If NIFTY sustain below 24620 to 24602 below this bearish then 24565 to 24548 or 24536 to 24518 strong support below this more bearish then 24456 to 24439 then 24401 or 24375 to 24357 will be last hope for tomorrow. My view (for your study and analysis only, also consider my analysis could be wrong and to safeguard the trade risk management is must) is market wating for some news or planing for big movement? As you can see last 4 days insider candels are made as compared to 5th dec candel. Due to expire and looking at the OI it seems to be again a insider?.when will market move out of this ? something to think about !!.. if you are option writer hedging s Could be around 24300 for long trades if day closing below this can be considered bearish untill then we have hope for bullish movement. For tomorrow Probably market will be volatile with sell on rise and Friday seems to be buy on dip. Consider some buffer points in above levels. Please do your due diligence in trading or investment. **Disclaimer - I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk. Thank you.by PrashantTaralkar110
Nifty Intraday Analysis for 11th December 2024NSE:NIFTY Index closed near 24610 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 25000 Strike – 121.28 Lakh 24700 Strike – 114.92 Lakh 24800 Strike – 81.90 Lakh Put Writing 24000 Strike – 94.23 Lakh 24300 Strike – 68.75 Lakh 24500 Strike – 64.48 Lakh Index has resistance near 24800 – 24850 range and if index crosses and sustains above this level then may reach near 24950 - 25000 range. Index has immediate support near 24500 – 24450 range and if this support is broken then index may tank near 24300 – 24250 range. Longby RKMAURYAUpdated 1
NIFTY50: INSTITUTIONAL LEVELS FOR 11/12/2024Overview 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.by tony_fx_smUpdated 10
Nifty levels - Dec 12, 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!by sacxe2
Intraday Nifty setupIt basically follows certain parameter to systematize trading without emotion. Parameters are Red ,Yellow Line and Vwap.by ajit_ncr223
NIFTY looks interesting. Ready for a Blast?-CnH in DTF. -Candles are getting narrow. A breakout from this small base can take it to 25k soon. On the other hand, a breakdown from this base can bring some weakness. This is not a buy/sell recommendation. The chart shared is just for educational purposes.Longby sagartharayil3
Nifty Next Move Decoded 11 December 2024Yesterday's Swing High will be taken and fall back to 24500 levels. Find only short setup. No longs all longs are going to be trapped. Observe chart carefully and enter in 15 min timeframe today we will capture 200 points in nifty. Market might close again neutral so we wont carryforward our position. both side momentum will be there but our plan is only sell.Shortby digitaltanmay123Updated 9
NIFTY Bullish Moment is here...Nifty seems to be at really interesting point where it has broken the channel to upside. and seems like it might continue the bullish momentum. All important levels have been marked on the chart. Plan of action: Risk: Reward: 1:2.5 BUY when it crosses above 24680 Stoploss can be maintained at 24621 Target: 28830 Trailing SL: 5Longby finnova_3351
Nifty Education Update Nifty Level Nifty No Trading Zone 24700 To 24500 If Break Out 24700 We Can See Level Up to 24760/24840 Down Side only 24500 LEVELby gujju_forex0
Nifty Trading Strategy for 11th December 2024Nifty Trading Strategy Key Levels: Buy Above: 24,770 (on the high of the candle that closes above 24,770 on a 15-minute chart) Sell Below: 24,560 (on the low of the candle that closes below 24,560 on a 15-minute chart) Strategy Details: Buy Signal: Enter a buy position above the high of the candle that closes above 24,770 on a 15-minute time frame. Sell Signal: Enter a sell position below the low of the candle that closes below 24,560 on a 15-minute time frame. Additional Tips: Monitoring: Continuously monitor the 15-minute chart for clear buy or sell signals. Stop-Loss: Always use a stop-loss to manage risk and protect your capital. Market Conditions: Stay updated on market news and events that could impact Nifty. Disclaimer: I am not SEBI registered. This analysis is for informational and educational purposes only. Please consult with a certified financial advisor before making any trading decisions.by ramkkyy0
#Nifty directions and levels for December 11th.Good morning, friends! 🌞 Here are the market directions and levels for December 11th. Market Overview: There have been no significant changes in the global and local markets, and both are maintaining a bullish sentiment. Today, the market may open with a neutral to slightly gap-down start, as the Gift Nifty is showing a negative 10 points at 8:00 AM. In the previous session, both Nifty and Bank Nifty maintained a range-bound structure, and we are still in a range-bound market. Until we break this range, we can't expect any directional movement; this is the basic structure. So, what about today? If the channel breaks either to the upside or downside, we can set our targets near the support and resistance levels. explain this in the chart. Nifty Current View: The current view indicates that if the market initially declines, it could reach the channel bottom. After that, if the channel breaks to the downside, you can expect the next targets to be between 24416 and the minor demand zone. Here, the minor demand zone will act as strong support. Alternate View: The alternate view suggests that if the market initially pulls back and breaks the channel to the upside, it could reach 24725 and 24780. The level of 24780 represents the 78% retracement in the minor swing, and usually, the range-bound market respects this level as resistance.by Manickamtraders4
NIFTY Levels for December 11, 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. by RainingMoneywithTech2
Yesterday we get good profit on sell ,24730 breakout buy dipDisclaimer - 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 23.6% )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 %) Target 5- ( T5 : 88.6%) Target 6- (T6 : 100 %) Target 7- (T7 : 127.2 %) Target 8- (T8 : 141.4 %) Target 9- (T9 : 161.8 %) Please note:- It's working on news based and volitile market very well so exit if SL hitby JaiPrakashShuklaHarmonicTrader1
Nifty Intraday Levels for 11.12.24Nifty Intraday Levels for 11.12.24 1. Important levels are mentioned in the chart 2. Triangle pattern in formation 3. Ranges are very wider. Hence, better to wait for the zones to come. Thanks. Regards Bull Manby bullmanacademy6
Nifty 50 Index Chart Technical Analysis### Technical Analysis of Nifty 50 Index Chart --- ### **1. Chart Overview** - **Chart Type**: Heikin Ashi chart on a **15-minute timeframe** for the Nifty 50 Index. - **Indicators Used**: - Volume - MACD (Moving Average Convergence Divergence) - RSI (Relative Strength Index) - **Key Observations**: - Two major price bottoms (labeled as **Bottom 1** and **Bottom 2**) with bullish divergence signals. - Resistance zones and potential breakout levels are marked. - A potential **bullish reversal** after a sustained downtrend. --- ### **2. Key Chart Features and Pattern Observations** - **Downtrend and Bottom Formation**: - The chart shows a significant downtrend, leading to **Bottom 1** followed by consolidation and the formation of **Bottom 2**. - A **falling wedge pattern** appears to develop between **Bottom 1** and **Bottom 2**, a bullish reversal pattern. - **Bullish Divergences**: - Both the **MACD** and **RSI** show **bullish divergence** at **Bottom 2**, indicating weakening selling pressure and potential for an upward reversal. - **Heikin Ashi Trends**: - Following **Bottom 2**, green Heikin Ashi candles emerge with longer bodies, signifying the beginning of bullish momentum. --- ### **3. Indicator Analysis** - **MACD**: - Shows a **bullish divergence**: while price forms lower lows, the MACD histogram and signal lines form higher lows. - The MACD line is crossing above the signal line, which is a **buy signal**. - **RSI**: - RSI dips into oversold levels (around **31.70**) at **Bottom 2**, confirming selling exhaustion. - The RSI also shows **bullish divergence**, signaling a potential price recovery. - **Volume**: - Volume spikes around **Bottom 1**, indicating strong activity. - After **Bottom 2**, volume shows gradual improvement alongside the green candles, confirming bullish participation. --- ### **4. Key Levels** - **Support Levels**: - **24,295.55**: The lowest point in the chart, acting as strong support. - **24,593.25**: Intermediate support formed during consolidation. - **Resistance Levels**: - **24,620.50**: Immediate resistance level; a breakout here would signal bullish continuation. - **24,857.75**: Major resistance level and potential upside target. --- ### **5. Overall Summary** - The chart reflects a potential **bullish reversal** after forming a double-bottom pattern (**Bottom 1** and **Bottom 2**) with divergence signals. - Indicators such as MACD and RSI confirm the upward momentum. - The falling wedge breakout is likely, provided the price sustains above resistance levels. --- ### **6. Recommendation / Trading Strategy** #### **Bullish Strategy**: - **Entry Point**: Buy above **24,620.50** after a strong breakout confirmation. - **Targets**: - First target: **24,857.75** (major resistance). - Second target: **25,000.00** (psychological level). - **Stop Loss**: Place a stop-loss below **24,450** to manage downside risk. #### **Bearish Strategy**: - If price fails to break **24,620.50**, consider shorting below this level. - **Target**: **24,300.00**, with a stop-loss above **24,650.00**. --- ### **7. Conclusion** The chart suggests a strong **bullish bias** supported by technical patterns, bullish divergences, and increasing momentum. Buyers should focus on breakouts above resistance, while sellers should wait for rejection signals at key levels. The overall outlook is **bullish**, with potential for upward movement toward resistance levels.Longby ramumaurya1
NIFTY INTRADAY LEVELS FOR 11/12/2024BUY ABOVE - 24700 SL - 24570 TARGETS - 24760,24860,24950 SELL BELOW - 24570 SL - 24700 TARGETS - 24500,24420,24340 NO TRADE ZONE - 24570 to 24700 Previous Day High - 24700 Previous Day Low - 24500 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 👍by Jagadheesh_JP39
VIEW ON NIFTYBuy zone: 24450-24500 Target 24550/24600/24650/24700/24750 Stop loss 24400 Sell zone: 24700-24650 Target 24600/24550/24500/24450/24400 Stop loss 24750 I am just representing my views For educational purpose only.by dakshb38391