Nifty Trgs Nifty Trgs on chart. Trade as per levels. Expecting Nifty to hit 23460 before 6th Nov Imp Trend change date 28th Oct mark h/l for further confirmation . Look for updates.Shortby lalitseth0
Nifty Intraday Analysis for 23rd October 2024NSE:NIFTY Index closed near 24470 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 25000 Strike – 94.74 Lakh 24800 Strike – 62.23 Lakh 24700 Strike – 49.43 Lakh Put Writing 24000 Strike – 57.51 Lakh 24500 Strike – 36.60 Lakh 24400 Strike – 33.40 Lakh Index has resistance near 24700 – 23800 range and if index crosses and sustains above this level then may reach near 24950 - 25000 range. Index has immediate support near 24450 – 24350 range and if this support is broken then index may tank near 24200 – 24100 range. by RKMAURYAUpdated 0
Nifty levels - Oct 24, 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 Sentiment for OCT 24 2024 UP side levels 25150.96 25328.86 25472.64 25616.42 Downside 24575.84 24397.94 24254.16 24110.38 23905.68 23781.40 23357.37 22891.91 by AstroAnalytica0
Will this level be a probable SC!!!Given the recent market structure, the Nifty 50 is experiencing significant selling pressure as it hovers around critical support levels. The most likely level for a selling climax could occur around the 24,500–24,400 range, which represents a key support zone. This level has historically acted as a psychological and technical floor, and if breached, it could signal a sharper downside correction. The market is already showing bearish tendencies, and a failure to hold at 24,667 (the immediate support) could intensify the selling, pushing the index lower. A selling climax is often characterized by high trading volumes and sharp price drops, suggesting panic selling. In this scenario, if the market reaches the 24,400 zone with these conditions, it could trigger a capitulation event, which may mark the end of the downtrend and set the stage for a potential recovery. In summary, the most probable area for a selling climax would be between 24,400 and 24,500, contingent on the break of existing support levels and continued weak market sentiment. Traders are advised to watch these levels closely, as the market may show signs of reversal after this potential climax. Longby IAmLoki1
Nifty Rejection XI ZoneBank Nifty is too volatile today, Nifty index is taking Rejection from XI Zone , If sustains we can see a good downward moment Shortby AIQuant-X2
Head and shoulder - PlayingHello Friends, As I have mentioned during last week, H&S is playing out in Nifty 50. Let us wait and watch how it goes. by mchanumantharaju1
Pre Market Analysis 23 oct 24 - NIFTY 50Market Analysis NIFTY 50- 23 oct 24 - NIFTY opening 24378 , if reaches 24400 can be nearest support else 24330 - S1 ,if breakdown can head to 24186 and panic sell below 24k PSY RESISTANCE- 24444 PDL - & resistance from yellow trendline as shown should overcome this for bullish , 24460, 24618 can be other Resistances #NIFTY #niftyanalysis #nifty50 #niftyprediction #banknifty #stockmarket #marketanalysis #nifty scalping #niftyview #niftyscalping #scalping #stockmarketviewby ashit_k0
NIFTY Levels for October 23, 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
Nifty intraday levels for 23rd Oct 2024 Please check the levels on chart. Consider some buffer points in above levels. Please do your due diligence before 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 PrashantTaralkar0
NIFTY INTRADAY LEVELS FOR 23/10/2024BUY ABOVE - 24620 SL - 24530 TARGETS - 24700,24800,24890 SELL BELOW - 24450 SL - 24530 TARGETS - 24330,24200,24100 NO TRADE ZONE - 24450 to 24620 Previous Day High - 24890 Previous Day Low - 24450 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_JP10
NIFTY50: INSTITUTIONAL LEVELS FOR 23/10/2024QUICK GUIDE - Use 5 minute timeframe - Try to take enters at retest - Use multiple confirmation - Read full description before investing - Try to take ATM options or above Explanation: This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this for perfect entry and perfect exit This trading opportunity is based on volume, previous price, and price range , are included Entry/Exit point's: - It has very easy entry and exit points - In this pair of lines with two colors are given (RED AND BLUE) - In this the blue line is used to take long entry and the red line is used to take short entry (But it is all based on a more conformation from your trading plan) Stop Loss/Take Profit: Stop Loss - According to this, if you take a long trade, its stop loss will be the red line just below ( A trade can exit either when the price crosses the red line or the 5 minute candlestick crosses the red line. (This can be done according to your preference) ) - A short entry should use the opposite rules to a long entry Take Profit -When you take a long entry according to the profit to be booked is on the next red line above. ( Or if there are other reasons, it can be a safe exit ) - Opposite rules for booking profit on long entry are to book profit on short trade. ( The blue line above is the stop loss of short entry ) Timeframe: According to this, the time frame you should use while taking trades is 5 minutes time frames . (5 minute time frame works well in this) Risk Disclaimer: Trading carries significant risk and is not suitable for all traders. You may lose some or all of your capital in a matter of minutes or hours. Market conditions can change rapidly, and prices can move against you quickly. You may not always be able to exit at a favorable price, and you may be required to hold a position overnight, exposing yourself to additional risk. Day trading involves high risk, high leverage, and high stakes, and you should only trade with funds you can afford to lose. Please carefully consider your financial situation, risk tolerance, and trading objectives before engaging in day trading. Engagement: Share your insights, ask questions, and learn from others in the community. Whether you're a seasoned pro or just starting out, we're all in this together. What's your take on the current market conditions? Which trading strategies are working for you? Let's discuss and help each other grow as traders! Comment below and let's get the conversation started! Original Content: This trading setup is the result of my own innovation and expertise, and is not based on any publicly available information or third-party systems. It is a reflection of my dedication to developing a competitive edge in the markets.by tony_fx_sm10
Buy some NIFTY Bees here.Nifty has come back to the poin where it was in Jul 2024. (105 days back). Its great place to buy some Nifty bees. Historically seen, NIFTY continues its uptrend after breaching the 20 EMA.Longby SantoshIyengar1
NIFTY 50Nifty 50 made HEAD & SHOULDERS pattern. More panic posible around 1500 points dowinside possible. So be cautious. Shortby Viraj35791
Nifty Weekly Metldown startedAs per weekly chart of Nifty, it looks bearish for next 8 months, any bounch back from 23800 or 24000 will be a short term trend changed, however, one can start investing in staggered manner in Good Fundamental companies or option buyer can take position in monthly call and puts. Its good for investor to invest through Mutual Funds in short blast SIP when Nifty will be in panic in coming weeks. Upper Resistance 26000 and weekly support coming at 21000 around. Healthy correction is always good for the stock market.Longby ScienceBehindTheChart0
Nifty moves down word journey"The Nifty slipped from the head and shoulder pattern on the daily timeframe, leading to a sharp fall during the day. Sentiment further weakened after the Nifty broke below the crucial support level of 24,700. The sentiment may remain weak as long as the index stays below 24,700, with a "sell on rise" strategy favored by market participants. The index has fallen below the 100 EMA for the first time since early June of this year. On the lower end, support is placed at 24,400.Longby sachin51murkute1119
Nifty Intraday Support & Resistance Levels for 23.10.2024On Tuesday, Nifty opened 17 points higher, reached a high of 24,882, but faced heavy selling pressure, dropping nearly 430 points to hit a low of 24,445.80. It closed at 24,472.10, losing 309 points from the previous session. The Weekly Trend (50 SMA) has shifted to sideways from positive, while the Daily Trend (50 SMA) remains negative. Notably, Nifty broke and closed below the previous month's low, signaling potential further downside. Nifty Demand/Support Zones for 23.10.2024: Near Demand/Support Zone (Daily): 24,099.70 - 24,196.50 Near Demand/Support Zone (Weekly): 23,893.70 - 24,419.75 Far Demand/Support Zone (Daily): 23,350 - 23,667.10 Nifty Supply/Resistance Zones for 23.10.2024: Near Supply/Resistance Zone (75m): 24,636.75 - 24,741.45 Near Supply/Resistance Zone (15m): 24,798.95 - 24,882 Far Supply/Resistance Zone (15m): 25,195.85 - 25,234.05 Far Supply/Resistance Zone (15m): 25,420 - 25,485.05 Far Supply/Resistance Zone (15m): 25,500.95 - 25,545by PriteshPal1
NIFTYAs per the Analysis of the NIFTY 50... Head and Shouler Breakdown happened Today and now wait for the Retest or Pull Back. on Weekly Chart there is an Evening Star with Confirmation of the System. Also, if Nifty bounces around 0.618 of the Current Swing, it would be the perfect setup for the Upside for the Flag Target.Shortby EthicalTraders2
Nifty trades and targets for - 23/10/24Hello 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. by GOPISRI1
NiftyTarget 24450 hit continuesly sell on rise until 24750 breakDisclaimer - 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 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low . TARGET - Target 1- (T1 : 61.8 %) Target 2- (T2 : 88.6 %) Target 3- (T3 : 127.2 %) Target 4- (T4 : 161.8 %) Please note:- It's working on news based and volitile market very well so exit if SL hitShortby JaiPrakashShuklaHarmonicTrader0
Will nifty break down further?if focusing on long term trendlines, Nifty grew faster shifting from trendlines 1 to 2 to 3. The slope of trendline 3 is too steep but this trendlines is still maintained. However, this much of slope is not sustainable in long run and there is great probability that this trendline 3 may be broken soon and in that case the price action may take support on trendline 2 which seems sustainable in medium to long term. The trendline 3 will be considered penetrated if 2 successive candle form completely below the line. Wait and watch.. by rajesh14_xiss2
VIEW ON NIFTYBuy zone: 24650-24750 Target 24800/24850/24900/24950/25000 Stop loss 24600 Sell zone: 24500-24400 Target 24250/254300/24250/24200/24125 Stop loss 24550 I am just representing my views For educational purpose only.by dakshb38391
NIFTY 50 Intraday Levels for 23/10/2024Note: This idea and these levels are only for learning and educational purpose. Here are the Levels for intraday. Based on market movement, these levels can act as support, resistance or both. The SL (Stop loss) for each trade should be there. Your likes /boosts gives us motivation for continued leaning and sharing ideas. by bhosalevishal1