NIFTY50 Support 1H Time FrameNifty50 can be reverse sharp from 23447-23379 support area and target could be higher liquidities and order blocks.Longby k4u5h471
Niftyparallel channel formation in progress however thr is a supply on high arnd 2400-24350 levels. mostly breadth is oversold, and stocks near support. good chance to bounceby SunilDhawan5
Nifty Trading Strategy for 26th December 2024Nifty Trading Strategy Key Levels: Buy Above: The high of the 15-minute candle that closes above 23,780 Sell Below: The low of the 15-minute candle that closes below 23,675 Targets: Upside Targets: 23,825, 23,868, 23,920 Downside Targets: 23,640, 23,580, 23,550 Strategy Details: Buy Signal: Enter a buy position above the high of the 15-minute candle that closes above 23,780, aiming for targets of 23,825, 23,868, and 23,920. Sell Signal: Enter a sell position below the low of the 15-minute candle that closes below 23,675, aiming for targets of 23,640, 23,580, and 23,550. Trailing Stop-Loss: Use a trailing stop-loss to manage risk and protect your capital. Book Profits: Regularly book profits at the specified resistance and support levels. Disclaimer: I am Not SEBI Registered. This strategy is based on historical data and technical analysis. Past performance is not indicative of future results. Trading involves risk, and you should only invest money that you can afford to lose. Always conduct your own research or consult with a financial advisor before making any trading decisions.This only for Educational Purpose.by ramkkyy0
NIFTY Levels for December 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 RainingMoneywithTech3
Most effective indicator Only enter after closing above or after a rejections at given lEvels Purely intraday strategy back tested on FX, Indices , commodities, stocks .by allurisrikar3333113
Nifty 26th Dec - LevelsNifty Levels for both upside and downside .. above 23800 we can see upside moves and below 23770 dowside levels.. Shortby UNNYCHAKYAT0
A very effective nifty trading strategy using Pinbar candleIn this video, I am sharing a very effective "Pinbar Trading Strategy" using an example. To learn this, you must concentrate and listen to each word carefully. This strategy is simple and easy, but needs a lot of practice before you can use it in the live market. Here is the Nifty 50 chart of 24th Dec with a 5 minute time frame. Nifty opens and rises till B which is the same level as yesterday's high. It confirms a resistance level and a downtrend starts. I am not interested in identifying every candlestick. I wait patiently for my set up. I am focusing only on finding a nice clear Pinbar at 21 EMA in the direction of the trend. At point F, you can see a Bearish Pinbar formed with a long upper wick (shadow). This rejection candle at resistance is my entry candle. But, before entering into any trade, i look for more factors to confirm my setup. You can see that Nifty has taken support at C & D. This support was broken by a bearish momentum candle formed at point E. Thus this support became resistance which was confirmed by Bearish Pinbar at F. Pinbar formed at F becomes HIGH PROBABILITY SET UP as it also lies in 50-61.8% Fibonacci Retracement Zone. This Pinbar Bearish Trading Setup has a Long Upper Wick Pinbar formed at Key Entry Point which are 1) Trendline in the downward direction 2) 21EMA ( Dynamic Resistance) 3) Support that became Resistance 4) Golden Fibonacci Zone (50-61.8%) Entry should be at the bottom of the PINBAR and Stop loss at the top. One can easily aim for 1:3 Risk Reward Ratio. I hope this video will add value and help you in learning this Pinbar Trading Strategy. Watch this video again and again to gain clarity and practice on the chart. I am sure within a few days, you will become confident to use this strategy for Nifty option buying or option selling. All the best. Thanks for watching this video. Kindly comment your question or views. Please click on the like and subscribe button. Education02:24by vkashyap123115
Exploring the Golden Crossover Strategy: A Christmas Day Special🎄 Merry Christmas, My TradingView Family! 🎄 Greetings to all. I trust that you are all thriving in both your personal lives and trading endeavors. Today, I present educational content aimed at understanding the concepts of Golden Crossover with EMA. The Golden Cross strategy using Exponential Moving Averages (EMAs) is a technical analysis signal that occurs when a short-term EMA (50-period) crosses above a long-term EMA (200-period). This pattern is seen as a bullish signal, suggesting the potential start of an upward trend. Key Concepts: 50-EMA: Reflects the average price over 50 periods, more responsive to recent price changes. 200-EMA : Reflects the average over 200 periods, showing a longer-term trend. Why It’s Bullish: The 50-EMA crossing above the 200-EMA signals that recent price momentum is stronger than the long-term trend, indicating a shift to a bullish market. Trader's Approach: Entry Point: Traders may buy once the 50-EMA crosses above the 200-EMA, expecting further price increases. Volume Confirmation: High volume during the crossover strengthens the signal. Risk Management: Traders often use stop-loss orders to protect against sudden reversals. Advantages of EMAs: Faster Signals: EMAs respond quicker to price changes, providing earlier signals than SMAs. More Sensitivity: EMAs are more responsive to recent market moves. Limitations: False Signals: In choppy markets, the crossover can sometimes lead to false trends. Lagging Indicator: Though quicker than SMAs, EMAs still reflect past price data and can be delayed. In summary, the Golden Cross with EMAs is a bullish trend reversal signal, where the 50-EMA crossing above the 200-EMA suggests a potential upward trend, but traders should confirm with volume and manage risks. 🎄 Merry Christmas, My TradingView Family! 🎄 As we celebrate this wonderful season of joy and giving, I have a special wish to Santa Baba: May each one of you grow into exceptional traders, achieve your financial goals, and find success and happiness in every trade you make. This journey of two years, sharing ideas and growing together, has been nothing short of amazing. Your support, encouragement, and the love you’ve shown me have been the driving force behind my growth and accomplishments, including being chosen as a TradingView Moderator. It’s a dream come true, and I owe it all to you. This Christmas, I want you all to know how deeply I appreciate your trust and belief in me. Together, we’ve created a community that thrives on learning and growing, and I’m so excited to see what we’ll achieve in the year ahead. May this holiday season bring peace, happiness, and prosperity to you and your loved ones. Let’s continue to chart new paths and reach greater heights together. Thank you for being a part of my journey, and once again, Merry Christmas to all of you! 🎅✨ Warm wishes, Rahul PalEducationby TraderRahulPal2215
Nifty Intraday Support & Resistance Levels for 26.12.2024On Tuesday, Nifty opened flat to positive, climbing to a high of 23,867.65 as it entered the 15m supply zone. However, selling pressure pulled it back to a low of 23,685.15. It ended the day at 23,727.65, losing 25 points. The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) is 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 Level: 23,263 (low of 21st November 2024) Far Support Level: 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 (75m): 23,892.70 - 23,993.90 Far 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 movement on Tuesday highlights the impact of the 15m supply zone resistance. If the near-demand zones hold, we may see a recovery toward 23,900 or higher levels. However, a break below the 75m demand zone could lead to further downside.by PriteshPalan4
VIEW ON NIFTYBuy zone: 23650-23700 Target 23750/23800/23850/23900/24000 Stop loss 23600 Sell zone: 23850-23800 Target 23750/23700/23650/23600/23500 Stop loss 23900 I am just representing my views For educational purpose only.by dakshb38391
Nifty trades and targets for - 26/12/24Hello 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 GOPISRI0
EXPECT NOTHING and you will eventually gain EVERYTHINGThe Problem with Unrealistic Expectations in Trading In trading, there’s an inherent paradox that many beginners face but rarely acknowledge: we enter the markets expecting them to yield profits from day one, with little to no preparation. This expectation starkly contrasts with how we approach most other fields in life, where education, patience, and practice are seen as prerequisites for success. The Education-Experience Parallel Consider this: we spend years in school, college, or specialized training programs before landing our first job. Even after securing a job, there’s often an onboarding process and a learning curve. In medicine, law, engineering, or even cooking, we’re aware that mastery takes time and effort. Yet, when it comes to trading, many expect to make money instantly without investing in proper learning or gaining sufficient experience. This flawed mindset stems from the ease of market access today. A few clicks on a trading platform, and you’re live in the markets. But just because entry is simple doesn’t mean success is. Trading is not a game of luck or guesswork—it’s a skill that requires discipline, analysis, and the ability to manage emotions. The Cycle of Frustration Unrealistic expectations often lead to frustration. A trader enters the market with a sense of entitlement—believing they “deserve” profits. When losses occur (as they inevitably will for beginners), frustration sets in. This frustration fuels impulsive decisions to recover losses, often resulting in even bigger losses. This vicious cycle can destroy not only financial capital but also mental and emotional well-being. Why Trading Should Be Treated Like a Profession Trading is one of the most competitive arenas in the world. The market comprises countless participants—institutions, seasoned professionals, and other retail traders—each armed with their own strategies, resources, and years of experience. To succeed, you need an edge, which comes from education, practice, and constant refinement. Here’s why trading should be approached with the same seriousness as any other profession: 1. Learning the Fundamentals: Understanding technical analysis, fundamental analysis, risk management, and market psychology is essential. 2. Time Investment: Just as doctors or engineers spend years in training, traders must dedicate time to studying market behavior and honing their strategies. 3. Emotional Discipline: Trading is as much about managing emotions as it is about numbers. Developing a calm, rational mindset takes practice. The Right Mindset To avoid the trap of unrealistic expectations, here are a few principles to adopt: See Losses as Tuition Fees: Just as you’d pay for an education in any other field, view initial trading losses as part of the learning process. Set Realistic Goals: Instead of aiming for immediate wealth, focus on small, consistent improvements. Embrace the Journey: Trading is a marathon, not a sprint. Success comes from perseverance and continuous learning. Prioritize Risk Management: Protect your capital at all costs. Learning how to lose small is the foundation of long-term profitability. Conclusion The markets don’t owe anyone a profit. They’re neutral, indifferent entities that reward those who are prepared and disciplined. By letting go of unrealistic expectations and approaching trading with the seriousness it deserves, you can transform frustration into growth and losses into valuable lessons. Remember: success in trading, like in any other field, comes to those willing to invest time, effort, and patience. Treat it as a profession, not a get-rich-quick scheme, and you’ll stand a far better chance of navigating the markets with confidence.Educationby keshevdugar1187
Nifty SpotThe 30 minute chart is the """" SOLE"""" Time Frame chart which is showing me some amount of BULLISH Moves. When at 24856..... The Hourly chart was the SOLE chart Crying to Me for a downside. Based on the RULE OF MINORITY( which BTW always WINS), I had told you all to go short at 24770. That short accumulated over 1100 points since. Based on the RULE OF MINORITY, I have placed for you what I think is likely to happen. In any case should the Low break... I would still not get affected. by deepgups2
NIFTY 50The chart you provided shows a symmetric triangle pattern forming in the Nifty 50 index. This pattern is a neutral continuation pattern and typically indicates a period of consolidation before the price breaks out in either direction. Here are some key points about the symmetric triangle pattern: Converging Trendlines: The pattern is characterized by a series of lower highs and higher lows, forming two converging trendlines. Volume: Volume often decreases during the formation of the pattern, indicating reduced trading activity and consolidation. Breakout: A breakout typically occurs in the direction of the prevailing trend before the pattern formed, though it can go either way. Watch for a volume spike to confirm the breakout direction. Disclaimer: This information is for educational purposes only and should not be considered as financial advice. Always conduct your own research or consult with a financial advisor before making trading decisions. Trading involves risk, and it's important to trade according to your risk tolerance and use proper risk management strategies. by MurariMundada0
NIFTY Intraday Trade Idea for 26 Dec 2024Give the nifty volatility and FII's not much involved in trading. It seems like NIFTY would remain range bound. Sharing my trade idea around important levels in case of flat open and gap open. breaking above 23775 can give decent upmove. Break below 650 can open window for 23200. by parimal_3
What is Object Tree and it's UsesHi mates kindly watch the video for understanding the Object tree and it's uses in technical analysis as i feel the new entrants to technical analysis still might not know about it, I hope you will like this publication, Thanks for watching and giving your time. Best regards- AmitEducation05:21by AMIT-RAJAN242481
NIFTY at Crossroads! Big Move Ahead – Are You Ready?NIFTY is trading at a make-or-break level within its long-term ascending channel, and the next move could define the trend for weeks to come. 📌 Key Insights You Shouldn't Miss: 1.Critical Support Zone: The 23,500 level is a battle zone for bulls and bears. A strong bounce here could send NIFTY rocketing back to the upper channel at 26,000+. 2.Resistance Ahead: Bulls need to clear 25,000 on their way up. Keep an eye on this level for confirmation. 3.Bearish Breakdown Risk: A close below the channel’s lower boundary could mean trouble, with targets around 22,000 or lower. What’s Next? 📉A deeper correction? 📈 Another bullish rally to all-time highs? This is the moment to stay sharp and plan your trades! 🚨by TraderChhabra10
Learn option in trading If you buy an options contract, it grants you the right but not the obligation to buy or sell an underlying asset at a set price on or before a certain date. A call option gives the holder the right to buy a stock, and a put option gives the holder the right to sell a stock. Now, the burning question on everyone's mind – how long does it take to learn options trading? Well, it really depends on how much time and effort you're willing to put in. Some people might be able to pick it up in a few weeks, while others might take months or even years to fully grasp the concepts. Education08:08by SkyTradingZone2232
Nifty 50 Support & ResistanceAs of December 24, 2024, the Nifty 50 Index closed at 23,587.50. The following support and resistance levels have been identified for the Nifty 50: Support Levels: S1: 23,500 S2: 23,400 S3: 23,300 Resistance Levels: R1: 23,700 R2: 23,800 R3: 23,900 These levels are derived from pivot point calculations, which are commonly used in technical analysis to determine potential support and resistance areas. Please note that support and resistance levels are dynamic and can change based on market conditions. It's advisable to consult real-time data and consider multiple technical indicators before making any trading decisions.Longby EmpireCrown1
Nifty SpotPlease do not compare the Hourly to the Daily charts. Basically you would be committing a CRIME. Here are my thoughts and these are Personell. How I look at it currently is this. This chart is basically a projection for the next 2 and a half years or so. What I see is that the Market has BOTTOMED OUT for now...... The downside Since Sept IS NOT the start of a BEAR market .The upside in my experience takes 1/3 the Time of any correction in a BULL Market . So if the downturn from sept to dec is 3 months.... Markets will RALLY in January 2025, come down in February.... Make an ATH in MARCH and come down in May. The Market from May onwards WILL RALLY EXTREMELY STRONGLY TO MAKE FURTHER ATH.... this is likely to happen between june to August 2025. For those who have been reading my posts since COVID will know.... that I have been a PERMA BULL since the Lows of 2020. In as much as I had calculated then that the NS would hit 39000...... I am now saying that the STRONGEST PART of the BULL MARKET IS YET TO COME. Way back in 2020 I think I had calculated the CUP n HANDLE on the SnP 500 and projected 6043 as the target for the CnH .... we got there. You can go to my posts from 2020 and figure out since what I have been saying. The Above is the LARGER picture. However in the SUPER SHORT TERM, here is what I think will happen. the 27 days cycle.... which since Sept 24th upto Nov 21st ( 27x2 cycles done)the next 27 days started since then is a Mixed BAG. market """" MAY """" make a newer LOW@ "" MAY"" but the Rally after that will be strong and swift potentially to RETEST or make ATH. thereafter FEBRUARY will be a complete WASHOUT to the Downside. This analysis makes sense to ME especially when I posted a week or so ago... a chart which showed you ALL a Potential Rally to 25980 or somewhere there . I gave the date of 18th JANUARY for that. Go and see that chart. And thereafter we will pretty Much FALL Like 9 pins. Before I confuse you all further...... Don't commit any sort of Hasty Decisions... stay calm. See what the market is telling you and act accordinglyby deepgups116
Nifty Spot. Yesterday was a day full of ANOMOLIES..... the Retracements either to the upside or the downside were all over the place between NS n NF. While at one point the NS may have retraced 63.6%, the NF was at 56%( 10% OFF ????), and this carried on throughout the day untill Both came together at 78.6% retracement the the downside making the Lows. Such Anomolies are called "" INTER MARKET DIVERGENCES'', where the Market will confuse you to go either side. The 55 DAY CYCLE. ------------------------ Coming to the chart I have just posted. In my opinion...... the Lows will hold for now. It WILL NOT break. a SUCKERS RALLY is to begin around 30th dec to 1st jan and will continue for the next 18-20 days. ( give or take 4-5 days either side).Thereafter..... ALL LOWS WILL BE BROKEN. I am going to delve deeper into the 7YEAR cycle today and try and post laterby deepgups1137
THINK like the 1% tradersDeveloping a Winning Mindset: The Edge That Sets You Apart in Trading In the competitive world of trading, achieving consistent profitability requires more than just mastering the basics. While technical analysis, risk management, and money management are essential components, they’re not enough to set you apart from the crowd. Everyone knows about them, and most traders implement these strategies to some degree. So, how do you rise above and position yourself in the top 1% of traders? The answer lies in developing an edge—and that edge is a winning mindset. What is a Winning Mindset? A winning mindset is a psychological framework that enables you to approach trading with discipline, confidence, and resilience. It’s the ability to think differently, adapt to changing market conditions, and make rational decisions under pressure. This mindset is not something you’re born with—it’s a skill that can be cultivated through practice and self-awareness. Why a Winning Mindset is the True Edge Discipline Over Impulse: The markets are unpredictable, and emotions like fear and greed can derail even the best trading plans. A winning mindset allows you to stick to your strategy, even when the markets tempt you to deviate. Adaptability and Innovation: The top traders don’t just rely on popular tools and strategies; they innovate and adapt. They analyze the market from unique perspectives and develop methods that others overlook. Resilience to Losses: Losses are inevitable in trading, but how you respond to them determines your long-term success. A winning mindset helps you learn from setbacks instead of letting them undermine your confidence. Thinking Differently to Be Different To develop a winning mindset, you must shift your focus from simply following conventional wisdom to cultivating habits that make you stand out: 1. Continuous Learning: Stay curious and constantly expand your knowledge. Dive deeper into market psychology, explore alternative strategies, and study the behavior of successful traders. 2. Self-Reflection: Regularly analyze your trading decisions—not just the outcomes. Understanding your thought process helps you identify patterns and improve decision-making. 3. Focus on Execution: The best traders focus on executing their plan flawlessly, regardless of short-term results. They trust their process and understand that consistency breeds success over time. 4. Embrace Uncertainty: Accept that you can’t control the markets. Instead, focus on controlling your actions and managing your risk. This mindset reduces anxiety and helps you make better decisions. The Path to the Top 1% Being in the top 1% of traders isn’t about having the most sophisticated tools or strategies; it’s about thinking differently and developing an edge that others can’t replicate. A winning mindset is your ultimate edge. It empowers you to stay disciplined, think creatively, and thrive under pressure—traits that separate the elite from the rest. In trading, doing what everyone else does will yield average results. To be different, you must think differently. Cultivate your mindset, and you’ll find yourself on the path to trading success. --- Final Thoughts: Trading is a journey of self-mastery as much as it is a financial endeavor. By focusing on your mindset, you’re not just improving your trading skills; you’re unlocking your full potential as a trader. Remember, the edge lies within you—nurture it, and success will follow.Educationby keshevdugar26
Nifty50 - November 2024 viewIn my October view, I had mentioned that it is time to be cautious as Nifty was near an important zone of 26240-26270 and we have seen more than 2000 points fall since then. FIIs have sold more than 1.3 lakh crore of equity in last 40 days. Let's analyze what can be expected in this month. We have seen nearly 10% correction from ATH in Nifty50. 23900 is acting as a support currently which is also its 78.6 % fib extension. On the downside:- Below 23900, I am expecting at least 23300 which is near the trendline support. On the upside:- 24300, 24800 & 25000 would act as a strong resistance. Current view is sideways to bearish till 25000 is breached on weekly closing basis Till then, market will remain on sell at high. by chartistameyUpdated 1