Nifty Analysis as on 27-11-2024The Nifty 50 is in dumping mode for today. Nifty Analysis as on 27-11-2024 is as shown. Pls comment your views.Shortby mchanumantharaju0
#Nifty directions and levels for November 27th.Good morning, friends! 🌞 Here are the market directions and levels for November 27th. Market Overview: The global markets are showing bullish sentiment (based on the Dow Jones only), and our local market has maintained a moderately bullish sentiment. Today, the market may open with a neutral to slightly gap-up start, based on the Nifty showing a positive 40 points. There have been no significant changes in the last session. In the previous session, both Nifty and Bank Nifty consolidated after the decline. What about today? If you look at the Nifty structure, there is consolidation after the long rally. Structurally, it may continue further until it breaks the consolidation range. If it breaks either to the upside or downside, we can follow that direction. This is the basic structure; let's look at it on the chart. Nifty Current View: Even if the market opens with a gap-up, it could decline initially. If this happens, the range market will continue between the previous high and the demand zone. In this case, if it breaks the demand solidly, then 24006 will act as strong support. Alternate View: The alternate scenario suggests that if the market sustains the gap-up and breaks the 24303 level, we can expect further pullback continuation to the 38% Fibonacci level. This is a major resistance. After the rally, if it rejects there, we can expect a minimum correction of 23% to 38% in the minor swing. On the other hand, if it sustains or breaks this level(38%), then the rally will likely continue.by Manickamtraders10
NIFTY Levels for November 27, 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
Nifty trades and targets for - 27/11/24Hello Everyone. The market was in a very tight range the today. Let the resistance or support range break with 15-minute candle before going for any trade book profits every 30 points as we are getting very few trending moves. The zones marked in blue are previous resistance and support so book profits at these zones. 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.by GOPISRI2
Nifty Intraday Support & Resistance Levels for 27.11.2024On Tuesday, Nifty opened with a gap-up at 24343.30, which also marked the day's high. However, the momentum did not sustain, leading to a low of 24125.40, before closing at 24194.50, down by 27 points from the previous close. The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) is also sideways. The Demand & Supply Zones remain unchanged from the previous analysis. Demand/Support Zones Near Demand/Support Zone (15m): 23856.15 - 23940.30 Near Demand/Support Zone (15m): 23661.75 - 23731.25 Far Demand/Support Zone (75m): 23447.15 - 23578.60 Near Support: 23189.88 (61.8% FIBO) Far Demand/Support Zone (Daily): 22642.60 - 22910.15 Supply/Resistance Zones Near Supply/Resistance Zone (75m): 24447.65 - 24537.60 Far Supply/Resistance Zone (Daily): 24567.65 - 24978.30 (inside Weekly Supply Zone) Far Supply/Resistance Zone (75m): 24636.75 - 24741.45 (inside Daily Supply Zone) Far Supply/Resistance Zone (Weekly): 24567.65 - 25234.05by PriteshPalan2
NIFTY50nifty trading near resistance zone range of 24400-24600 . with strong multiple supports. expecting to be in a range of 23800-24400 for this week until it breaks 24600 by PartTimeProfits0
Nifty Trading Strategy for 27th November 2024Nifty Trading Strategy Buy Above: 24,240 (Trigger a buy if a 15-minute candle closes above this level.) Sell Below: 24,050 (Trigger a sell if a 15-minute candle closes below this level.) Current Price: 24,195 Key Levels: Resistance: 24,350 (If price approaches this level, expect potential selling pressure.) Support: 23,960 (If price drops to this level, buying interest may emerge.) Trading Guidelines: For Buy Trades: Place a stop-loss slightly below the breakout level of 24,240 or a suitable recent support level. For Sell Trades: Place a stop-loss slightly above the breakdown level of 24,050 or a suitable recent resistance level. Profit Management: Always book profits at regular intervals or trail your stop-loss to lock in gains while minimizing losses. Disclaimer: I am not SEBI Registered. Trading in the stock market involves substantial risk and may not be suitable for all investors. This strategy is for educational purposes only and does not constitute financial advice. Ensure you conduct your own analysis, consider market conditions, and consult a certified financial advisor before executing any trades. Be mindful of factors such as market volatility, economic events, and global influences, which may impact the market unpredictably. Always manage your risk effectively.by ramkkyy1
market View for 27.11.24 NiftyToday Market View , Market Try To Break Triangle Fame But Sellers Show Stength At That Level09:29by TheGoldenFarmsofEquity0
26000 Market TOP?Title: Are We Witnessing a Medium-Term Top in Indian Markets? A Deeper Dive into Market Trends The Indian stock markets have corrected nearly 10-12% in recent months, and the internal structure of the market suggests that this may not just be a routine pullback. Instead, it raises the possibility of 26,000 acting as a potential medium-term top. The charts of individual stocks and sectors, combined with worsening market breadth since February 2024, indicate we might be heading for a larger correction. --- Key Observations 1. Market Breadth Deterioration Market breadth—one of the most reliable indicators of overall market health—has significantly worsened this year. Fewer stocks are participating in upward moves, with many declining even as the broader indices attempted to hold their ground earlier. 2. Sectoral Trends: The Bounce Leaders If a market bounce occurs, sectors like Pharma and Healthcare appear poised to lead. These traditionally defensive sectors have been showing relative strength even amid the broader weakness, suggesting a potential shift in investor preference toward safety. 3. Quality of the Bounce: A Crucial Indicator While a short-term bounce is possible, the quality of the upmove will determine the next leg of market trends. A lackluster or narrow rally, limited to a few sectors or stocks, could signal more pain ahead. Conversely, a broad-based rally could provide a temporary respite, though it may not alter the medium-term bearish narrative. --- Why 26,000 Could Be a Medium-Term Top - Technical Indicators: Multiple indicators, including moving averages and RSI on key indices, suggest resistance around the 26,000 level. - Weak Stock Charts: A significant portion of the market now trades below key support levels, further underscoring the structural weakness. - Mixed Global Sentiments: While global interest rates are not rising, uncertainties in global markets and economic conditions continue to weigh on investor sentiment. --- What Lies Ahead? As per my analysis, the chances of a bigger correction are increasing. The worsening breadth since February 2024 is a red flag that should not be ignored. A bounce, if it occurs, is likely to be led by Pharma and Healthcare, but whether it’s sustainable will depend on broader participation and sentiment recovery. Investors should remain cautious, focus on quality stocks, and closely monitor the behavior of leading sectors during any rebound. For traders, a cautious approach with strict risk management is essential in this volatile environment. --- Key Takeaways for Market Participants 1. Stay Defensive: Favor sectors like Pharma and Healthcare, which are showing relative strength. 2. Assess Market Breadth: Keep an eye on the number of advancing vs. declining stocks for clues about market health. 3. Prepare for Volatility: Markets may experience sharp movements in either direction, demanding agility in strategy. --- While history often repeats itself in markets, it doesn’t necessarily rhyme. Therefore, it’s essential to stay alert, analyze trends objectively, and be prepared for what could be a significant turning point in Indian equities. Let’s keep our eyes on the charts and tread carefully in these uncertain waters. --- What’s your take on the markets? Share your thoughts below. Shortby keshevdugar3
NIFTY 50 November Closing 23786?Nifty 50 took support near .618 fib retracement levels on Daily TF which is astride 200 DEMA (23555). An Overhead Supply Zone has formed below the 0.382 fib retracement level (24567). The pattern formation suggests November monthly closing in the Pivot Zone of 23786 to 24053. Shortby Jay_Maan1
VIEW ON NIFTYBuy zone: 24050-24150 Target 24200/24250/24300/24375/24475 Stop loss 24000 Sell zone: 24350-24250 Target 24200/24150/24125/24075/24000 Stop loss 24400 I am just representing my views For educational purpose only.by dakshb38390
PRE MARKET ANALYSIS OF NIFTY FOR 27 NOV 202427 NOV 2024 WORLD MARKETS 1. World Markets are looking neutral to bullish. INDIA VIX AND GIFT NIFTY 1. India VIX is still above 15. This indicate more volatility. 2. GIFT Nifty is indicating a flat opening. INDEX HEAVY WEIGHTS 1. HDFC Bank is bullish. It has support at 1775. Break of 1770 will be bearish. 2. ICICI Bank has support at 1300. Any break of 1290 will be bearish. 3. Reliance has s support at 1285. Break of 1280 will be bearish. TRADING PLAN 1. NIFTY OPEN BETWEEN 24255 - 24134: NO TRADE. 2. NIFTY OPEN ABOVE 24255: Wait for a consolidation and break above 24350 decisively. 3. NIFTY OPEN BELOW 24134: Wait for a consolidation and break below 24100 decisively. DISCLAIMER 1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADE TAKEN BY THE READER.by sam200519680
Nifty next moveNifty next move for short entry ....nifty now break the parallel channel trendlines...in case market reverse to correction area...for boom Shortby saros9863
Nifty Intraday Analysis for 26th November 2024NSE:NIFTY Index closed near 24220 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 24500 Strike – 80.07 Lakh 24300 Strike – 75.08 Lakh 24200 Strike – 43.27 Lakh Put Writing 24300 Strike – 59.06 Lakh 24000 Strike – 58.08 Lakh 24200 Strike – 43.56 Lakh Index has resistance near 24300 – 24550 range and if index crosses and sustains above this level then may reach near 24500 - 24550 range. Index has immediate support near 24050 – 23950 range and if this support is broken then index may tank near 23850 – 23800 range. Longby RKMAURYAUpdated 3
Nifty levels - Nov 27, 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 INTRADAY LEVELS FOR 26/11/2024BUY ABOVE - 24250 SL - 24180 TARGETS - 24340,24420,24500 SELL BELOW - 24100 SL - 24180 TARGETS - 24000,23890,23780 NO TRADE ZONE - 24100 to 24250 Previous Day High - 24340 Previous Day Low - 24100 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_JPUpdated 10
Nifty 50 - 26-11-2024 TuesdaySorry I am not able to publish everyday coz of busy market hours. Here are some small updates. We have drawn a new resistance line at 24345. Which means market will spend time here and will take extra effort to break this. So market will go up only after sitting above and taking its support. For today focus on HDFC BANK N reliance movements. Single direction means market follows the direction in which both moves Both in convergence or divergence. Market to eat premiums. So small qty call shorting is suggested with Sl. 40-50 Shortby ajayekka0020
nifty taking support at demand Zone.Nifty is taking support at demand Zone on smaller time frame. if sustains we can see an upmove till demand zone.Longby AIQuant-X0
#Nifty directions and levels for November 26th.Good morning, friends. Sorry for the delay. Structurally, there is a bullish market; however, the momentum is currently decreasing. > What does this indicate? It suggests a slight consolidation between the immediate resistance and the downside demand zone. A solid rally will occur only if it breaks the immediate resistance with a potential breakout; otherwise, it won't rise significantly.by Manickamtraders3
NIFTY Levels for November 26, 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
NIFTY50: INSTITUTIONAL LEVELS FOR 26/11/2024Overview 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_sm10
Nifty trades and targets for - 26/11/24Hello Everyone. The market was in a very tight range the today. Let the resistance or support range break with 15-minute candle before going for any trade book profits every 30 points as we are getting very few trending moves. The zones marked in blue are previous resistance and support so book profits at these zones. 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.by GOPISRI0
Nifty Intraday Support & Resistance Levels for 26.11.2024On Monday, Nifty opened with a massive gap-up of 346 points, breaking through the 75m and Daily Supply Zones. It touched a high of 24351.55 and a low of 24135.45 before closing at 24221.90, gaining 314 points from the previous close. The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) has shifted from Negative to Sideways, signalling cautious optimism. Demand/Support Zones Near Demand/Support Zone (15m): 23856.15 - 23940.30 Near Demand/Support Zone (15m): 23661.75 - 23731.25 Far Demand/Support Zone (75m): 23447.15 - 23578.60 Near Support (61.8% FIBO): 23189.88 Far Demand/Support Zone (Daily): 22642.60 - 22910.15 Supply/Resistance Zones Near Supply/Resistance Zone (75m): 24447.65 - 24537.60 Far Supply/Resistance Zone (Daily): 24567.65 - 24978.30 (inside Weekly Supply) Far Supply/Resistance Zone (75m): 24636.75 - 24741.45 (inside Daily Supply) Far Supply/Resistance Zone (Weekly): 24567.65 - 25234.05by PriteshPalan4