Nifty 15minIts look IH&S so if break up 22350 Thn target will be 22500, 22600 If open down or break down 22250 Thn its go for support 22200, 22100by AdithanG0
Nifty & Bank Nifty Analysis For 09 May 2024In this video, we'll discuss about Today's Market Movement and Tomorrow's Analysis in Nifty, Banknifty and other segments too. Whether you're a seasoned trader or just starting in the stock market, this analysis will help you in Learning about Market. Let's get right into it! ✅I hope you liked the analysis. Be sure to hit that LIKE. 👍Like | 💬Comment | 👥Share Disclaimer : All views and charts shared in this video are purely for knowledge and information purposes only. Trading is Very Risky Business and it should only be done with proper Knowledge. It is very important to do your own analysis before making any investment based on your own personal circumstances. #TheStockMantra #MarketAnalysis #LearnStockMarket 03:54by TheStockMantra3
NIFTY Intraday Trade Setup For 9 May 2024NIFTY Intraday Trade Setup For 9 May 2024 Bullish-Above 22370 Invalid-Below 22320 T- 22605 Bearish-Below 22170 Invalid-Above 22220 T- 22000 NIFTY has closed on an absolute flat note today. Yesterday we discussed that index has reached 50 EMA and there is a chance of respect. Tomorrow after a flat opening if index sustains today's high then there can be 0.618 % pullback of the recent fall from 22800. Important resistance will be 22610 which will be our long target too. Below 22170 we will short and expectation will be to ride the short trade as per the recent trend. Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 22370 then we will long for the target of 22605. For selling we need a 15 Min candle close below 22170. T- 22000. 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 Omahto8
Nifty levels - May 09, 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 sacxe2
Nifty 50 neutralThe trend is indecisive for sure, and upside is lower than the downside.02:13by syncinvestments0
NIFTY 50 view Please consult your financial advisor before investing.This is only for learning purpose of chart. We are NISM certified EQ and MCX trader but SEBI register not investment advisor. Tommrow nifty can give gap up of 100-125 points and today short covering is possible view 9-5-24 CMP 22300 nifty can reach 22550-22600.INDIA VIX IS COOLING. Longby premganatraa2
Divination ♾️ From this moment till Nov 2025 (Nifty 50) will be rough and violent mostly ( sideways to bullish ) or sideways drift. Support on 25600 in Nov 2025 is where upside momentum will begin till 45000 (Oct 2027) marked in the chart. Disclaimer: It's a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises. Longby KilopapaUpdated 1
Nifty 50 going for tragetAs i told we have got big profit ,today we can enter in pullback of market for short side.Shortby Traders-community1
#NIFTY Intraday Support and Resistance Levels -08/05/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 22320 level and then possible upside rally up to 22440 level in today's session. in case nifty trades below 22280 level then the downside target can go up to the 22160 level. by TradZoo4
Nifty Support & Resistance levels for 08.05.2024Today, Nifty's support area is between 22102 and 22179, while its resistance is between 22444 and 22494. Nifty ended yesterday at 22302.50, showing an important change in its trend. The overall feeling is turning bearish because the Nifty went below the lows of the last nine days and closed there. Traders and investors need to keep an eye on these levels as they could affect the market in the next few days.by PriteshPal117
Nifty : Level to watchNifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00 For 8-5-24 Double TOP formation will confirm when it breaks the level 21775. The Downtrend will begin for quiet a long time. Sell on every Rise of 6-10% with strict stoploss (Which will be given by your financial advisor. Do not trade if you don’t know the stoploss). Gap UP/Down Opening : If high of First Hour is not broken then put stoploss there for all short positions. If Low of First Hour is not broken then put stoploss there for all Long positions. For New position : for Upside : Buy Nifty above 22342 Stoploss 22262 it may touch 22366---22406---22470---22574---22639---22743 for Downside : Sell Nifty below 22262 Stoploss 22342 it may touch 22238---22198---22134---22030---21965---21861 Stoploss 22300 for All LONG Positions For Short term Trend Stoploss 22000 for All LONG Positions For Mid term Trend Stoploss 21710 for All LONG Positions For Long term Trend All above levels are of Nifty Spot. Put Stoploss on closing basis. (In Trading Time it may go above/below stoploss But closing price is most important). These are levels are generated on the basis on Fibonacci Series NOTE : I am not SEBI registered advisor in capital market. Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Please understand Risk in trading before taking any trade with your financial consult. I am only sharing my knowledge it may be right or sometimes wrong so I am not liable for any loss. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thank you. Shortby maneeshaggarwal1
NIFTY Levels for May 8, 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 directions and levels for May 8th."Good morning, friends🤝🍬! Here are the directions for May 8th: There have been no changes in the global market; it's maintaining a moderate bullish sentiment, while our local market sentiment indicates a bearish trend. It might open with a neutral to slightly gap-up start, as suggested by GiftNifty, showing an increase of +20. Nifty fell solidly in the previous session; however, the RSI shows divergence, indicating that even if the market declines initially today, it won't be sustained. If it rejects around the immediate support level, then we can expect a sharp pullback. This is the reason behind the first variation. However, if it doesn't find support at the immediate support level or if it consolidates, then the correction will likely continue, and we can try a range breakout entry. The alternate variation suggests that if the market takes a pullback initially, then the Fibonacci level 38% (upside) may act as a strong resistance. If it rejects there, then we can expect a range market. After that, if it breaks the range either upside or downside, we can follow the direction. Here, we also have another variation: if the pullback solidly breaks the Fibonacci level 38% (upside), then it may reach the Fibonacci level 61% with minor consolidation. I explained this in the video; if you have free time, please check it.by Manickamtraders7
Nifty Intraday Prediction Levels for 7 May 2024The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price. These are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone or break down and close below the Support zone. These levels act as support and resistance. You have to trade according to level breakout or breakdown. To buy or sell you can follow Buy/Sell Indication given by indicator or you can follow cloud also. If you are a new trader then just watch (No Trade) these levels for some days. Happy trading. Disclaimer: I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult with your Financial Advisor before taking any decision or trade. by suraranjanganguliUpdated 2
Nifty - 8th May in Support of BullsProfit Booking or Sell off by FII has pulled the Nifty down, RBI draft policy added fuel to the sell off in banking + domestic big players called for Sell in Nifty. Any more Selling from FII larger than DII will not see any chart levels and price could fall only. In case FII pause their selling on 8th then good chance for quick spike in Nifty back to ATH - 22750 very quickly. Huge short covering could happen. Reason for proposing this logic is due to RIL at similar support zone and HDFC just above the previous double bottom support.Longby venkatfx2
Nifty closed on a negative note for another straight sessionThe Index couldnot hold opening gains & showing correction from last 3 sessions Until it stays below 22500 level, it may come to test the level of 22200/100 Upside imp hurdle is placed around 22500 zone while immidiate support is near 22200/150 zone *For Educational Purposeby Himanu_HATradeTalk1110
NIFTY ready to REVERSE from here As we can see we saw the bearishness we expected and analysed in our previous post. We also saw it taking support at our trendline which could possible act as a strong SUPPORT and hence as long as NIFTY is taking support we can see a strong upmove. No donwside can be planned now as long as the structure is maintained so plan your trades accordingly by Wealthcam1
Nifty 50 in DowntrendAs i told previously the trrend and exact levels are folllowed by market . We have made huge profit on this trade yesterday.Shortby Traders-community1
Nifty Intraday Analysis for 7th May 2024NSE:NIFTY Highest Call writing of 91.43 Lakh at 23000 Strike followed by 85.38 Lakh at 22800 Strike and 74.01 Lakh at 22700 strike. Maximum Put writing of 62.64 Lakh at 22000 Strike followed by 41.06 Lakh at 22500 strike and 35.08 Lakh at 22400 Strike. Index closed near 22440 level. Index has resistance near 22550 - 22600 level and if this resistance is broken and sustain then index may reach near 22700 level. Index has strong support near 22300 level and if this support is broken then index may reach near 22200 level. by RKMAURYAUpdated 0
07 May 2024 - Going short on Nifty50 as 22295 violated, 🐻🐻🐻Nifty Analysis - Stance Bearish⬇️ Recap from yesterday: "Our markets not rallying as against the recovery in US markets - speculating something to do with the re-election and taxation. Since I do not have any data points, will wait for more clarity." After having an inline opening, Nifty50 started falling quite aggressively. Without a real struggle, 22295 was taken out in the first attempt itself. By 11.39 we fell almost 269pts ~ 1.2% and that too without any retracement. The moment the support was breached, we had to revise our stance from neutral to bearish. Unfortunately, we did not have further bearishness today, and by going short it may appear that we did not get any benefits today. Normally when critical support is broken, it means we should have further follow up action shortly. Also in the 63mts TF we did not really break it, if you are a conservative trader, it is a good idea to wait for one full candle to form below 22295. When you look at the higher time frame, N50 trading between 22295 and 22051 is detrimental to the inverse H&S formed between 14th to 26th March. If the next support of 22051 is broken, then we might even have to remove that candlesticks pattern. Despite a sharp move today, N50 algos made 10417 INR today thanks to the India VIX that rose to 17% levels.Shortby viswaram1
Nifty side waves Nifty near 22800 wave 3 or C is over .Expecting many possibility side wave and w wave near 21777 level break . Trend line break above 22700 level or sustain above considering bullish need to check wave personalty by letstock4210
Nifty trades and targets - 8/5/24Hello Everyone. The market was in a bearish mode previous day. 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
NIFTY DAILY - 7/5/2024Third winning strike of Bear, again nifty opens gap up at 22489 level but didn’t sustain and bear drag nifty down to low of the day which is 22232 level. Nifty was down by almost 200 points but given closing at around -140 points which is -0.62%. Nifty has formed a big red body candle with upper and lower shadow on daily chart. Candle is trading below middle band of Bollinger Band. Nearest support of nifty will be 22286 with resistance of 22389 level. Bank Nifty levels Support – 47876 Resistance – 48527 Today’s Advance Decline ratio of NIFTY50 Advance - 16 Decline - 34 FII Sell – 3668.84 crores DII Buy + 2304.50 crores. ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂 by radha_232