Nifty Week AheadNSE:NIFTY still looking bearish until 100 DSMA and R1 are Breached Structure will be sell on the rise. 50 WSMA will act as immediate support along with S1 and S2. Shortby Karanshah1373
Learn technical trading Open a demat account. ... Understand stock quotes. ... Bids and asks. ... Fundamental and technical knowledge of stock. ... Learn to stop the loss. ... Ask an expert. ... Start with safer stocks. Start by reading foundational books and taking reputable courses to build a solid theoretical understanding of technical analysis, Set realistic goals, maintain emotional discipline, and continually refine strategies through learning and practical experience.Education22:50by SkyTradingZone17
NIFTY 50 VIEWThis is my view only not buy/sell call my dear.Then now start,In this chart some lines are drawn in green color which are supports and resistances,As chart looking i can say nifty is still in strong position on basis of formation of hihger low and it is strong having strength to break resistance till holding 23800 below this level nifty will start loosing stregth,there may a chance of touching next low placed at 23,263.In any case this low broken trere is chance of testing next support. One more thing that GAP is inviting nifty to fill it.Longby OM-MADY-stockmarketclasses2
Analysis of the Nifty 50 Chart (Daily Timeframe)Market Context The Nifty 50 index is trading near 23,813, indicating a recent downtrend after forming lower highs. The price is below the 50-day SMA (red), showing short-term bearish sentiment, but is near the 200-day SMA (green), acting as a critical support zone. RSI is at 44.80, reflecting neutral to slightly bearish momentum without being oversold. Key Observations and Trade Setups 1. Rebound Setup – From the 200-day SMA Scenario: Price may rebound from the 200-day SMA, which serves as a demand zone. Entry Range: 23,600–23,800 (look for bullish candles or expansion signals). Stop Loss: Below 23,500 to protect against further downside. Target 1: 24,400–24,600, aligning with the 50-day SMA resistance. 2. Breakout Setup – Above 50-day SMA Scenario: A breakout above 24,500 could signal a trend reversal. Entry Point: Above 24,500 upon breakout confirmation. Stop Loss: Below 24,000 to minimize risk. Target 1: 25,000–25,200, based on prior swing highs. 3. Bearish Continuation – Breakdown of 200-day SMA Scenario: Failure to hold the 200-day SMA may lead to a bearish continuation. Entry Point: Below 23,500 upon breakdown confirmation. Stop Loss: Above 23,800 to manage risk. Target 1: 23,000–22,800, the next support zone.by vishnureddy718
Nifty Intraday Support & Resistance Levels for 30.12.2024On Friday, Nifty opened with a gap-up at 23,801.40, briefly dipped to a low of 23,800.60, and climbed to a high of 23,938.85, entering the 75m supply zone. However, selling pressure pushed it back down to close at 23,813.40, securing a modest gain of 63 points over the previous close. The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) is still negative. Demand/Support Zones Near Demand/Support Zone (15m): 23,537.35 - 23,632.30 Near Demand/Support Zone (75m): 23,447.15 - 23,578.60 (tested) Far Support Levels: - 23,263 (low of 21st November 2024) - 23,189.88 (61.8% FIBO retracement) Far Demand/Support Zone (Daily): 21,791.95 - 22,910.15 Supply/Resistance Zones Near Supply/Resistance Zone (Daily): 24,149.85 - 24,394.45 Near Supply/Resistance Zone (Weekly): 24,567.65 - 25,234.05 (tested) Outlook Nifty’s journey into the 75m supply zone shows the current resistance levels. Watch for a break above the daily resistance zone of 24,149.85 - 24,394.45 for potential bullish momentum. On the downside, the 75m demand zone at 23,447.15 - 23,578.60 will be crucial for support.by PriteshPalan2
Nifty SpotDate 28.12.2024 Nifty Spot Timeframe : 15 mins chart 1 Build your trade & strategy based upon this chart with stoploss to manage volatility 2 One can keep their favourite trend based indicator such as 20 ema or vwap etc etc 3 Don't try to take the rally. Keep exiting lot/s on regular intervals since volatility will kill premiums Regards, Ankur by AnkurSingh0
Nifty50 my view for few days Nifty50 my view for few days Create in inside candle : Nifty up side if close Set Small target : Nifty down side if close go for big target : Nifty50: No trade zone 24100to23500 Let's see #NIFTY50 #NIFTYBANKEducationby EmpireCrown1
Nifty chart weak if break 23250 then 22040,20730,19425,18900Nifty long term chart showing weakness,we can see big fall if break recent low 23250 then 22040,20730,19425,18900-18500 will come Disclaimer - 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%) Please note:- It's working on news based and volitile market very well so exit if SL hitby JaiPrakashShuklaHarmonicTrader1
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
BITCOIN NEXT POSSIBLE MOVE (30 MINUTES CHART ANALYSIS)This article analyzes potential future price movements for Bitcoin. My analysis indicates that a breach of the $94,000 support level would likely trigger a downward trend, with the next support level anticipated at $92,500. Note: I am not a certified trader. Use this analysis on your own risk. Shortby Tech2trader552
my viewdont follow my view at blindly its totallay my view only so ple check at this level at your own styleby ttsanandUpdated 110
how to draw support & resistance Open a price chart. The first step is to identify the instrument you want to analyze. ... Find the significant highs and lows. ... Draw the support and resistance lines. ... Check for validity. ... Support. ... Resistance. ... Horizontal support and resistance levels. ... Trendline support and resistance.Education16:42by SkyTradingZone22
ADX learn in trading The Average Directional Index (ADX) is a technical analysis tool that measures the strength of trends. It is a standard analytical tool provided by most trading platforms. To quantify a trend's strength, the calculation of the ADX is based on the moving average (MA) of a price range expansion over a certain timeframe. The traditional setting for the ADX indicator is 14 time periods, but analysts have commonly used the ADX with settings as low as 7 or as high as 30. Lower settings will make the average directional index respond more quickly to price movement but tend to generate more false signals. Education09:02by SkyTradingZone20
Nifty Intraday Analysis for 27th December 2024NSE:NIFTY Index closed near 23750 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 24000 Strike – 47.77 Lakh 23800 Strike – 40.96 Lakh 24900 Strike – 24.34 Lakh Put Writing 23800 Strike – 45.67 Lakh 23500 Strike – 27.12 Lakh 24000 Strike – 23.58 Lakh Index has resistance near 23800 - 23850 range and if index crosses and sustains above this level then may reach near 24000 - 24100 range. Index has immediate support near 23600 – 23550 range and if this support is broken then index may tank near 23400 – 23350 range. Longby RKMAURYAUpdated 1
Nifty levels - Dec 30, 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 sacxe3
Market TREND for upcoming daysTill Nifty is below 24200 dont go for long, rupees is going weaker everyday today its 85.20, nothing looks good in this government a good correction is also pending. But go with trendShortby YogifromUK100
Nifty Next Move 27/10/24Market can show some bullish momentum tomorrow. 200 points upside. Take only one trade for upside if SL hits close the system. Tomorrow it might be a rewarding day. Don't Plan for short. Happy weekend.Longby digitaltanmay123Updated 445
Nifty yesterday sell given near 23830 until 23860 not break sellDisclaimer - 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%) Please note:- It's working on news based and volitile market very well so exit if SL hitShortby JaiPrakashShuklaHarmonicTrader1
#Nifty directions and levels for Friday, December 27th:Good Morning, friends! 🌞 Here are the market directions and levels for Friday, December 27th: Market Overview The global market shows a moderately bullish sentiment (based on Dow Jones), but our local market is leaning toward a moderately bearish sentiment. Today, the market may open neutral or slightly gap-up, as the Gift Nifty indicates a 40-point positive start. In the previous session, Nifty and Bank Nifty moved in different directions; however, by the end of the day, both closed near the middle of their respective ranges. We are still in a range-bound market, and until the range is broken, we cannot expect any significant directional movement. What about today? It’s a bit difficult to say because Nifty is showing signs of a pullback move, while Bank Nifty is indicating a downtrend. How can we interpret this? Whenever the market exhibits such conflicting signals, it mostly leans toward consolidation. However, if both indices move in the same direction and a proper signal occurs, we can consider taking a position. This is the basic structure. Let’s analyze the chart for more insights. Nifty Current View The current view suggests that if the gap-up sustains, we can expect a pullback toward 38% on the upside. After that, if rejection occurs at this level, a correction can be expected. On the other hand, if the pullback has a solid structure and is followed by a range breakout (above 38%), the pullback is likely to continue further. Alternate View: If the market declines after the gap-up, the range-bound scenario will likely persist. In this case, the corrective targets are expected to reach a minimum of 23,609.by Manickamtraders115
NIFTY Levels for December 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 RainingMoneywithTech1
"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