#NIFTY LOOKING BULLISH#NIFTY LOOKING BULLISH NOTE:: This will not any buy or sell signal for you please consult with your financial advisor before jump into any trade.Longby Brainandmoney8
NIFTY - Intraday chart for 10.12.24NIFTY - Intraday chart for 10.12.24 Key support and resistance levels are marked in the chart. Thank you. Regards Bull Manby bullmanacademy2
WHY Markets do the OPPOSITE of what we feel?Every trader, whether new or experienced, has faced the nagging feeling that markets are conspiring against them. You buy a stock, and it instantly starts falling. You finally sell it out of frustration, and it shoots up like a rocket. This often leads traders to wonder: "Is the market watching me?" Of course, it isn’t. This phenomenon is less about market manipulation and more about psychology, timing, and market structure. Let’s dive deep into why this happens and what you can do to avoid falling into this trap. --- 1. The Power of Confirmation Bia Humans naturally seek evidence that confirms their beliefs. If you buy a stock and it drops, you immediately latch onto the narrative that “the market always goes against me.” The same thing happens when you sell and prices rise. - Reality Check: Markets fluctuate constantly. Moves after your trade are normal and not connected to your actions. - Tip:Journal your trades. You’ll find that this “curse” doesn’t happen as often as you think. --- 2. Retail Timing and Herd Behavior Most retail traders enter at points of euphoria (when everyone is buying) and exit at points of despair (when everyone is selling). This aligns with market tops and bottoms. - Why It Happens: By the time news spreads or a stock “trends” on social media, smart money (institutions and seasoned traders) have already positioned themselves. They take profits while retail traders enter late. - Tip: Look for signs of crowded trades — extreme greed or fear — and avoid jumping in with the herd. --- 3. Market Noise and Short-Term Volatility Markets don’t move in straight lines. Prices oscillate due to millions of trades, news, and speculation. When you buy or sell, short-term noise can make you feel like your decision was wrong. - Example: You buy a stock, and a small pullback occurs. It’s not the market targeting you; it’s just noise. - Tip: Focus on your strategy, not short-term fluctuations. Trade with a plan and stop obsessing over the next tick. --- 4. Emotional Reactions and Poor Exit Strategy Traders often sell at the worst time because of fear or panic. When the stock reverses, it feels personal. - Why It Happens: You didn’t follow a systematic exit strategy and let emotions dictate your trade. - Tip: Set clear stop-loss and profit targets before entering a trade. This removes emotions from the process. --- 5. The Illusion of Control Markets are not under anyone’s control. Thinking that your trades influence prices is unrealistic, but it stems from the psychological need for control. - Mindset Shift: Accept that you’re one of millions of participants. Your trades don’t move the market — it’s just coincidence. - Tip: Focus on what you can control — risk management, analysis, and execution. --- Conclusion: Trade Smart, Not Emotional The feeling that markets rise when you sell and fall when you buy is a common myth rooted in psychology. It’s not the market’s fault, but rather our biases, poor timing, and emotional decisions. To avoid falling into this trap: ✅ Stick to a strategy. ✅ Journal trades to eliminate bias. ✅ Accept market fluctuations as normal. Remember, in trading, patience and discipline always win over emotion and impulse. What’s your take on this? Have you felt the market “conspired” against you? Share your experiences below! Educationby keshevdugar105
Nifty 50 Index Chart Analysis ### Detailed Chart Analysis for Nifty 50 (15-Minute Timeframe): #### **1. Chart Overview** This chart **Nifty 50 Index** on a **15-minute timeframe**, using **Heikin-Ashi candlesticks** for smoother trend visualization. Key technical indicators included are **Volume**, **MACD**, and **RSI**, alongside support and resistance levels marked in purple and blue lines. --- #### **2. Observations** ##### **A. Price Action and Trend** - **Uptrend:** The chart begins with a bullish trend, evident from consecutive green Heikin-Ashi candles with minimal lower wicks. - **Reversal and Consolidation:** - After reaching the **resistance level at 24,857.75**, the price encounters selling pressure and reverses into a downtrend. - Consolidation is visible around the support level at **24,580.05** with indecisive candles (small bodies and wicks). ##### **B. Key Levels** 1. **Resistance**: - The purple line at **24,857.75** marks the key resistance, where the price struggles to sustain upward momentum. - Multiple bearish signals emerge as the price approaches this level. 2. **Support**: - The blue line at **24,580.05** acts as the immediate support, preventing further decline in price for now. - A break below this level could lead to further bearish movement towards the lower support at **24,295.55**. ##### **C. Volume Analysis** - **Volume Trends**: - During the initial uptrend, there is a rise in green volume bars, reflecting strong buying momentum. - During the subsequent downtrend and consolidation phase, volume diminishes, suggesting a lack of conviction from either buyers or sellers. ##### **D. MACD (Moving Average Convergence Divergence)** - **Bearish Divergence**: - The MACD indicates a bearish divergence: while the price forms higher highs, the MACD forms lower highs. This is an early warning of weakening bullish momentum. - **MACD Line Crossover**: - After the divergence, the MACD line crosses below the signal line, confirming a shift in momentum to the bearish territory. - MACD values continue to decline during the downtrend. ##### **E. RSI (Relative Strength Index)** - **Bearish Momentum**: - The RSI drops below 50 during the reversal, signaling the start of bearish momentum. - RSI moves close to the **oversold zone (below 30)** during the downtrend, indicating increased selling pressure. - A minor recovery is observed as the RSI approaches **36.41**, indicating weak buying interest in the consolidation zone. #### **3. Key Events** 1. **Bearish Reversal at Resistance**: - Price reverses sharply after testing the resistance at **24,857.75**, confirmed by bearish divergence in the MACD and declining RSI. - This provided an opportunity for traders to initiate short positions. 2. **Consolidation Near Support**: - Around **24,580.05**, price action consolidates with declining volume, signaling indecision between buyers and sellers. - A break above this level could indicate a recovery, while a break below may trigger further downside. 3. **Volatility and Trends**: - Volatility was higher during the reversal phase, as seen in long-bodied candles and larger MACD movements. - Reduced volatility during consolidation reflects a temporary equilibrium in market forces. #### **4. Trading Insights** 1. **Short Trades**: - The bearish divergence in MACD and RSI decline below 50 were strong signals for initiating short trades around the resistance zone (**24,857.75**). - Traders could target the immediate support level at **24,580.05** or the lower level at **24,295.55** for profits. 2. **Support Breakout Strategy**: - If the price breaks below **24,580.05** with volume confirmation, traders could consider further short positions targeting the next support. 3. **Recovery Signals**: - For a bullish recovery, watch for the RSI moving above 50 and the MACD line crossing above the signal line. A price breakout above **24,857.75** would confirm a potential uptrend. #### **5. Conclusion** The chart highlights a **bearish reversal** from resistance, with clear confirmation from MACD and RSI indicators. Consolidation near support suggests traders should monitor for a breakout in either direction. The marked levels (**24,857.75**, **24,580.05**, and **24,295.55**) serve as crucial zones for planning future trades.by ramumaurya0
NIFTY - Daily chart - Key levels for 10.12.24NIFTY - Daily chart - Key levels for 10.12.24 1. Inside bar pattern is still open 2. Wait for a day close above 24860 or below 24300 - whichever side breaks, around 2% rally in Nifty we can expect 3. So far, below are the levels to watchout for - 24740 and 24830 are the key resistance levels - 24600 and 24445 are the key support levels Thank you. Regards Bull Manby bullmanacademy1
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
Nifty Intraday Analysis for 9th December 2024NSE:NIFTY Index closed near 24680 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 25000 Strike – 73.49 Lakh 24700 Strike – 56.70 Lakh 24800 Strike – 40.09 Lakh Put Writing 24500 Strike – 50.72 Lakh 24700 Strike – 45.38 Lakh 24200 Strike – 47.28 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
Nifty levels - Dec 10, 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
Nifty 50 spot 24672.50 by Hourly Chart viewNifty 50 spot 24672.50 by Hourly Chart view - Resistance Zone 24750 to 24875 Price Band - Support Zone 24300 to 24375 Price acting H&S necklineby PIYUSHCHAVDA0
Nifty Today View Nifty On Range 24900-24500 If Break This Range We See Good Move On Two Sideby gujju_forex0
Nifty intraday levels to watchout today and tomorrowNifty is likely to go more downside. Support level is 24400-350. wait for price action. Means any hammer or marubazu candle with next candle supporting previous candle for long. #niftyby FundamentalTrader310
Nifty 50 volume and data decoding further move Nifty can fall again from today can retest 300 points below level. As per my python code volume+data analysis. by digitaltanmay123Updated 3310
nifty today#Nifty is moving in a box, waiting for a breakout, or will we see a sideways market like Friday's?by jbaidwan290
#Nifty directions and levels for December 9th.Good morning, friends! 🌞 Here are the market directions and levels for December 9th. Market Overview: There have been no significant changes in the global and local markets. The global market is maintaining a bullish sentiment (based on the Dow Jones only), while our local market also exhibits a bullish sentiment. Today, the market may open with a neutral to slightly gap-down start, as the Gift Nifty is showing a negative 30 points at 8:00 AM. In the previous session, due to the RBI policy, both Nifty and Bank Nifty experienced significant movements but ended with a range-bound structure. What about today? Currently, we are in a range-bound market; therefore, until the range is broken, we cannot expect solid movement. On the other hand, if it breaks either to the upside or downside, we can follow that direction. This is the basic structure; let’s explain this in the chart. Both Nifty and Bank Nifty have similar sentiments. Nifty Current View: According to the Gift Nifty, we can expect a slightly gap-down start, but even if it opens with a gap-down or neutral, it may take an initial pullback. If this happens, then 24,780 will act as a strong resistance. We have already discussed that this is a range market, so if it breaks, we can expect levels between 24,905 and 24,956. On the other hand, if it doesn’t break this level, the range will likely continue. Alternate View: The alternate view suggests that if the gap-down sustains, it could reach 24,552, which is a major support level. Until this support is broken, the market will maintain a range. If it breaks this level, we can expect a correction.by Manickamtraders3
NIFTY Levels for December 9, 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 RainingMoneywithTech1
NIFTY50: INSTITUTIONAL LEVELS FOR 09/12/2024Overview 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_sm23
Nifty until Thursday low not break 24990 possible this weekDisclaimer - 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 %) 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 view post prices reversing higher Hey Everyone, Update 9/12/2024 Markets witnessed nice short covering last 2 weeks. Many people think the correction is over and bull rally resumed. whats actually happening? Sharing my idea. The actual head and shoulder correction is about to come and the correction is not over yet. what we have actually seen is wave A of the correction and currently the up move is wave B correction of the corrective wave (ABC) which forms the end of right shoulder. Wave C downside is still pending. The sequence of events End of rally happens when valuations are too high and a correction is needed. (26300 levels) 1) Starts to dump which we witnessed in wave A correction of FII selling. ( increased volume in cash market and rise in implied volatility in options market) 2) Then comes the wave B opposite to wave A where everyone thinks the correction is over and rally upside is resumed. This is the stage where market fundamentals are bad but they are not negative . ( like our GDP 5.4% data which is the 21 month low and also GDP for 3 consecutive Quarters trending lower). The end of wave B is the end of right shoulder. (wave pattern ABC) 3) Now comes the wave C , prices move faster and moves in waves of 5 to complete the head and shoulders target. Generally, wave C is at least as large as wave A or 1.618% of wave A. As we have a head and shoulders target, its coinciding exactly with 123% - 131% of Fibonacci extension ( profit booking area) and it will also form a new low and test the lows of elections day ( we have a big wick that is not tested yet.) This is when everyone starts believing that we entered bear market but that's the place where actual correction is over and bull rally resumes or complex correction starts. ( may be triangles or flats with X waves in middle, we can establish that later). But as of now i still think the correction is not over and we may see one very good fall. Disclaimer - This is just my idea, please double check and plan accordingly. Happy Trading!!!!!!!!!!Shortby dasgaaravishnu226
NIFTY intraday View#NIFTY Intraday View NOTE : This will not any buy or sell signal for you, Please consult with your financial advisor before jump into any trade.by Brainandmoney0
NIFTY INTRADAY LEVELS FOR 09/12/2024BUY ABOVE - 24760 SL - 24650 TARGETS - 24860,24950,25020 SELL BELOW - 24650 SL - 24760 TARGETS - 24570,24500,24420 NO TRADE ZONE - 24650 to 24760 Previous Day High - 24860 Previous Day Low - 24650 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_JP24
NIFTY Intraday Trade Setup For 9 Dec 2024NIFTY Intraday Trade Setup For 9 Dec 2024 Bullish-Above 24860 Invalid-Below 24810 T- 25150 Bearish-Below 24490 Invalid-Above 24540 T- 24250 NIFTY has closed on a bullish note with 2.27% gain last week. It has changed price structure to bullish above 24400. Now it is likely to be a buy on dip market till it trades above 50 EMA in daily TF. Next hourly resistance is placed near 25250 above that post rejection it may hit ATH again. 24860 and 24490 is the range to wait for breakout for a directional move. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 24860 then we will long for the target of 25150. 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 Omahto37
Nifty Trading Levels for 09th December 2024Nifty Trading Levels Buy Setup Entry: If the 15-minute candle closes above 24,730, place a buy order above the high of the candle. Targets: 24,850 24,950 25,030 Stop Loss: Below the low of the breakout candle. Sell Setup Entry: If the 15-minute candle closes below 24,570, place a sell order below the low of the candle. Target: 24,268 Stop Loss: Above the high of the breakdown candle. Disclaimer The above levels are shared for educational purposes only and should not be considered as financial advice. I am not a SEBI-registered analyst. Please consult a certified financial advisor or conduct your own analysis before making any trading decisions. Trading in the stock market involves risk; trade responsibly.by ramkkyy3
#nifty50 - 9th December!!NSE:NIFTY Understand the chart, observe the chart, implement according to this : 1. Support and Resistance Zones: - Imagine "support" as a safety net—if the price falls, it’s likely to bounce back up from these levels (like 24,373.90). - "Resistance" is like a ceiling—when the price rises, it may struggle to break through higher levels (like 24,857.75 or 25,101.45). 2. Trendlines: - The black diagonal lines are like train tracks guiding the price upward. As long as the price stays between these tracks, the upward journey is likely to continue. 3. Key Areas (Orange Zones): - The orange areas are hotspots where buyers and sellers fight the hardest. If the price enters these zones, it might pause or reverse. 4. What’s Happening Now?: - The price recently hit a high near 24,857.75 (a ceiling) and is now hanging around a lower level, testing its "safety net" around 24,648.10. - It’s like climbing stairs—if the price breaks through the next step (resistance), it could climb higher. But if it slips below the safety net, it might fall to the next step down. 5. What’s Next?: - If the price climbs above 24,857.75, we might see it reach new highs like 24,949.10 or even 25,101.45. - But if it falls below the support, it might drop to the next level around 24,373.90 or lower. In short, this chart tells a story of a market in an upward trend, but it’s at a critical point where the next move could be either up or down. Not a SEBI Registere [/b ]by thetradeforecast114