NIFTY intraday levels for 04/06/24Support Levels : 23,200 is immediate support and 23,000 is storng level of support 22,800 next level support Resistance Levels: 23,300 is immediate resistance 23,500 is next level of resistanceLongby Siva_Saran0
Nifty50 Channel Breakout Confirmation: Key Level to WatchWe are observing a potential channel breakout in the Nifty50 index from 03 MAY to 03 JUN. To consider this breakout valid, the index must sustain above 22,350, confirmed by a 1-hour candle closing above this level. Keep an eye on this threshold for confirmation of the breakout.Longby OptimaltradeX1
03 Jun 2024 - Exit poll results takes Nifty50 to all new highsNo technical analyst could have predicted what would happen today, yes most of them would have guessed it right. The analysis that really stood out Friday was when one of the analysts posted the screenshots of Adani group stocks and mentioned - see the exit poll results before the actual exit polls. Honestly, it could have gone either way. If the exit polls predicted less than 270 seats, then we would have fallen 800pts easily. Luckily, things went up and the majority of the crowd were happy (most of them were long only). Our stance is revised to bullish, if we start falling then 23089 would be the first support.Longby viswaram0
Nifty 50 - Buy Zone IdentificationIn Nifty 50, Untill Market Reaches 21900, dont think for Buying CE. Position Trader- Buy PE , when market reaches 21900 close your PEShortby Anbumozhi-RUpdated 5
Nifty levels - Jun 04, 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 at the bottom right. We encourage you to share your thoughts and comments regarding it. Wishing you success in your trading activities!by sacxe3
Nifty on Radar - 31 MayAn indecisive candle has been formed with Low High and High Low. Currently we are in a no trade zone. The important levels to watch are R1-22,705.75 and S1-22,417.00 Also the price could be volatile in this range. Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.by ssvirdiUpdated 2
#Nifty Trading Important levelsOn 1 Day Timeframe, NIFTY trading important levels. Time to wait for either breakout or Breakdown (reversal) for the Nifty. Breakdown Move - Confirmation for breakdown will be if Nifty starts trading and sustain below 23030 level - Downside rally nearly 800 points expected in case of breakdown - Intermediate support expected near 22475- level - Short Trader can place there stop loss if Nifty starts trading above 23182 level Breakout move - Long side movement expected in case Nifty starts trading and sustain above 23182 level - Above this level Nifty can go upto the 24220+ level. - Intermediate resistance expected near 23850 level - Long trader can place there stop loss if Nifty starts trading below 23030 level. by TradZoo6
Did I tell you or Did I not tell you about the last day to buy. Hope all made good profit in today's gap up. People looking for fresh entry, wait for tomo,Crashing VIX shows certianity in the market and options will become cheaper. Do not buy and hold overnight today. wait for tomo we will get options at a great price Longby dhyanbhatt24250
Nifty What Next 23000 ?Hi friends mates and Trading community so here i am sharing my new trading idea on Nifty, As we all know that on the last trading session that index made new all time high although it was very marginal with the difference of only two points up from previous all time high and luckily i got my target for previous shared idea but yes we got a new all time on board finally, and i must say in this rally we saw the participation of some economy facing companies and constituents of this index like Reliance industries, state bank of India, Bharat petroleum and Infosys mainly they all made their 52 weeks high too and the major stake holder of index is Hdfc bank looks also stable somehow so i feel that we can see 23000 levels in coming sessions but as we know that feelings are having no price in this Merciless market so i prepared a chart for my trading executions in it sharing key levels below mates. So let's quickly talk about my trading idea friends-: Trade One-: So as we got a clear rejections from 22125 levels finally as a strong resistance we can see 23000 (psychological digit) and 23133 after mentioned resistance break and close above, Target marked by the distance between swing high (previous all time high) and swing low after that high. Trade Two-: So 21800 (support) could be a key level on which i focused mainly in previous idea as a resistance and in this idea after breaching that resistance made new all time high and after retested that resistance as a support this time so if this support will break we can see 21500 and 21200 as a target for this trade idea. Above mentioned trade ideas will be applicable on daily candle above or below closure, Rest if i will find anything important about this publication will update accordingly. This publication is meant for only learning purpose, it is not any kind of trading advice. Best Regards- Amit "In the long run, we are all dead" (John Maynard Keynes) by AMIT-RAJANUpdated 2424313
NIFTY 50 Next Week BY KRS ChartsDate : 31st May 2024 Time : 11:45 Am Nifty at 1hr Support + 15min 3 White Soldiers Candlesticks Also in 1hr TF OB+ and FVG Gap in 15 min is visible. Short Time Buy side trade for nifty with 22900 Target and SL 22460 Longby KRSChartsUpdated 2
Nifty Resistance level after Gap upAccording to me, after the gap up, Nifty might take resistance from 23512 , 23840, and 24174.Longby barundutta8956
#NIFTY Intraday Support and Resistance Levels -03/06/2024Nifty will be Huge gap up opening in today's session. After opening nifty sustain above 23450 level and then possible upside rally up to 23570 level in today's session. in case nifty trades below 23400 level then the downside target can go up to the 23280 level. by TradZoo1
Nifty buy given Thursday and told for hold enjoy huge profit 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 :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hitby JaiPrakashShuklaHarmonicTrader0
#Nifty directions and levels for June 3rd.Good morning, friends! 🌺🍬 The global market shows a moderately bullish sentiment based on the Dow Jones, while our local market also indicates a moderately bullish sentiment (as per the structure). Today, the market may open with a long gap-up, as indicated by GiftNifty, which shows an increase of 820 points. Sorry for saying this, but the upcoming two to three sessions might be unpredictable due to the election results. So don't mistake me; I'm just sharing my Fibonacci numbers, which might support your trade setup. Have a nice day🤝.by Manickamtraders8
Nifty Support & Resistance Levels for 03.06.2024GIFTNIFTY is trading 3.5% up (800+ points) as of 8:05 AM, indicating we will see a GAP UP opening today and hit a new all-time high. Here are the high time frame support and resistance zones instead of intraday levels: Support Levels: Near Support (Daily): 22,417 - 22,568 Far Support Zone (75m): 21,821 - 22,041 Resistance Levels: Nearest Resistance Zone (Daily): 22,888 - 23,110.80Longby PriteshPal1
Strong GAP UP coming up..?As the election sentiments are going on and it seems like NDA is winning with substantial majority and as stock markets are purely driven by sentiments, we may see NIFTY opening up very strong and can also show new ATH in coming days. We can also see NIFTY at important SUPPORT which could add fuel to the fire so plan your trades accordingly.by Wealthcam6
Nifty 50 : Indraday Levels for 03-June-2024Green Circuit- Market Open Entry- At Support or Resistance (Red Lines) SL- Above or Below the Support or Resistance Levels Target: Next Levels or 2X of SL Shortby Anbumozhi-R1
Nity gap up.most probably. if sustains above 22897.yes it has to cover 4 days down trend then higher levels are possible. I have marked1,2,and 1,2. as 2 nd 1 is shorter than first 1 1 st 1 is retraced 38.6 percent and 2 nd 1 which appears to be a leading diogonal has retraced only 23.6 percent. each candle in the chart is of 4 days duration. final target will update shortly. if this post helps you like this post. follow me to get updatesLongby bijoy252623
Nifty witnessed correction in last week from record HighsNifty remained in selling mode for most part of the week A Negative type candle has formed on daily chart Until Nifty holds above prev week low, recovery towards 22650/700+ is possible However if holds below 22350, correction towards next support could come Election Results can create Volatility in the Maket Keep Tracking Charts *For Educational Purpose Learn & Practice Price Action setups by Himanu_HATradeTalk11
NIFTY Intraday Trade Setup For 3 May 2024| Loksabha Trading ViewNIFTY Intraday Trade Setup For 3 May 2024 Bullish-Above 22660 Invalid-Below 22600 T- 22120 23417 NIFTY has closed on a bearish note last week with 1.86% last cut. Since the coming week is very due to Loksabha election results. As per the exit polls market looks all set for a fresh ATH. Directional move will be seen on Monday in the upside and there can be IV crush on Tuesday and the next day also then again a rally is very much possible. So it looks safe to sell non-directional only after news is out i.e result day. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 22660 then we will long for the target of 23120 and 23417. Chances of a big gap up is high, so one can trade on 10 o'clock range breakout for a precise entry with risk calculated with previous swing after breakout. 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 Omahto6
Nifty- 50 Neutral Levels and Zone #Trading #TradingviewTopic - Nifty- 50 Neutral Levels and Zone Tomorrow's movement Prediction of Nifty 50 NIFTY_50 appears to be in uptrend. And this trend seems to be continuing further. Price is below an important level of 22622.71 on charts, and if price remains below this level, then stock might show a fall in short term. Tomorrow's movement Prediction of Nifty 50 NIFTY_50 appears to be moving in a flat line. No recent bulk deals happened to affect the stock trend. Tomorrow's movement Prediction of Nifty 50 NIFTY_50 is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 22680.83 Tomorrow's movement Prediction of Nifty 50 NIFTY_50 is strongly bullish. It has broken a strong resistance of 21979 and is expected to move up further. Stock price target for Nifty 50 NIFTY_50 are 22403.58 on downside and 22592.23 on upside. Stock price target for Nifty 50 NIFTY_50 are 22403.58 on downside and 22592.23 on upside. Tomorrow Target 1 22361.2 Tomorrow Target 2 22445.95 Tomorrow Target 3 22549.85 Tomorrow Target 4 22634.6 Tomorrow Target 5 22738.5 Daily price and charts and targets Nifty 50 Thanks For Watching 🙏by TrendTalk55
NIFTY 50 NIFTY 50 pattern double bottom , 50% fib retracement and event triggering factorLongby GainPro0
NIFTY IS NORMAL AS PER GLOBAL DATA#NIFTY GLOBAL DATA POSITIVE 🟢 Nifty global data is positive 🟢 but not in a way that Nifty will directly open at 25000 and so on. It indicates just a 1% upside as of now. However, this is election time, so anything can happen. I'm open to either side and will plan my trades accordingly. Suggest the same to all my members. No bullish/bearish bias. Just go with the data, technicals, and open interest. All eyes on railway stocks: all are ready for the second stage swing upside. Strong momentum for all names, pause, gearing up for another potential up leg. NSE:IRFC NSE:TEXRAIL NSE:IRCON NSE:HBLPOWER #DataAnalysis #Nifty #StockMarket #ElectionsLongby Trendxinc0