NIFTY 1D Trade Analysis - Nifty is currently trading at 25,356 - Nifty has a FVG below and it might fill it before moving towards the upside more - Nifty Oderblock is where my point of interest lies - I will be looking to add longs and swing longs in stocks once I see Nifty approaching that level - Till then let the trend fade away and get bearish if you are planning to switch your stance to bearishLongby VKtradesimbalance16
NIFTY // Levels // 4 hour "Welcome to SkyTradingZone " Hello Everyone 👋 Here are the current support and resistance levels for the Nifty 50 Index (NIFTY) on a 4-hour timeframe: **Support Levels** 1. **Previous Low**: 12,560.00 2. **Fibonacci 38.2% Retracement**: 12,570.00 3. **200 SMA (Simple Moving Average)**: 12,590.00 4. **Fibonacci 23.6% Retracement**: 12,610.00 5. **Short-term Support**: 12,630.00 **Resistance Levels** 1. **Fibonacci 61.8% Retracement**: 12,660.00 2. **Previous High**: 12,680.00 3. **Fibonacci 78.6% Retracement**: 12,700.00 4. **Medium-term Resistance**: 12,720.00 5. **Long-term Resistance**: 12,740.00 **Notes** * These levels are subject to change as market conditions evolve. * These levels are based on historical data and may not be a guarantee of future price action. * These levels are not the only levels that can be used; traders can use other indicators, such as moving averages or trend lines, to identify potential support and resistance levels. **Current Market Conditions** * The Nifty 50 Index is currently trading in a bullish trend, with a series of higher highs and higher lows. * The index is approaching the short-term resistance level of 12,630.00. * If the index breaks above this level, it could potentially move towards the medium-term resistance level of 12,720.00. **Trading Strategies** * Buy at support: If the index breaks below the short-term support level of 12,630.00, it could be a good opportunity to buy. * Sell at resistance: If the index breaks above the short-term resistance level of 12,660.00, it could be a good opportunity to sell. * Trend following: Follow the trend by buying or selling based on whether the index is moving upwards or downwards. * Mean reversion: Look for opportunities to buy when the index is oversold and sell when it is overbought. Some key levels to watch in the Nifty 50 Index: * **Earnings**: The Nifty 50 Index has seen strong earnings growth in recent quarters, with many companies beating expectations. * **Valuations**: The Nifty 50 Index has seen its valuations rise in recent months, with some metrics reaching all-time highs. * **Interest Rates**: The Reserve Bank of India has been keeping interest rates low, which has helped to boost stock prices and fuel the rally. Remember to always use stop-losses and position sizing to manage risk when trading.Longby SkyTradingZone1
NIFTY 4 hour support and resistanceHere are the current support and resistance levels for NIFTY (National Stock Exchange of India's S&P CNX Nifty Index): Support Levels 200 DMA (200-Day Moving Average): 15,550 Fibonacci 38.2% Retracement: 15,650 Previous Low: 15,730 Fibonacci 23.6% Retracement: 15,880 Short-term Support: 16,030 Resistance Levels Fibonacci 61.8% Retracement: 16,420 Previous High: 16,520 Fibonacci 78.6% Retracement: 16,670 Medium-term Resistance: 16,820 Long-term Resistance: 17,050Longby EmpireCrown1
NIFTY FOR 16 SEP#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade) NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis. NOTE : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do. Please Give A Like If You Likeby MISSION_TRADING2240
Nifty buy given at 24950-24965 our Target 25720,26010 for fewday Until 25150 nor break nifty will go up near 26000 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 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low . TARGET - Target 1- (T1 : 61.8 %) Target 2- (T2 : 88.6 %) Target 3- (T3 : 127.2 %) Target 4- (T4 : 161.8 %) Please note:- It's working on news based and volitile market very well so exit if SL hitLongby JaiPrakashShuklaHarmonicTrader1
Sector performance since post BudgetMedia was ignored sector since long now gaining some momentum, tailwinds in chemical,paints due low crude oil price and textile on run due to low cost cotton since 2021 by jaiswal_bharat870
Nifty Intraday Analysis for 13th September 2024NSE:NIFTY Index closed near 25390 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 25500 Strike – 36.23 Lakh 25400 Strike – 29.35 Lakh 25450 Strike – 25.90 Lakh Put Writing 25000 Strike – 53.69 Lakh 24500 Strike – 58.84 Lakh 25200 Strike – 26.25 Lakh Index has resistance near 25450 – 25500 range and if index crosses and sustains above 25550 level then may reach near 25650 - 25700 range. Index has immediate support near 25200 – 25150 range and if 24550 support is broken then index may tank near 25000 – 24900 range.Longby RKMAURYAUpdated 1
Nifty levels - Sep 16, 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
Brace for ImpactNifty 50 monthly chart, with MFI indicator. After 2021 MFI is in overbought territory. A correction of 15% is coming by kinshukjain1
Bearish divergence on 30 min chartmarket may be around 25250-25400 and downward sloped .... it can even go bearish if below 24700Shortby deepakrnpgupta224
NIFTY PROBABLITIES Nifty levels marked in chart ! For upside and downside , sideways marked in chart !by sarangthada2
#Nifty directions and levels for September 13th.Good morning, friends! 🌞 Here are the market directions and levels for September 13th. Market Overview: Global markets are showing a moderately bullish trend, as indicated by the Dow Jones, and our local market has a bullish sentiment. However, today, the market may open with a gap-up, as SGX Nifty is indicating a positive move of around +40 points at 8 AM. In the previous session, Nifty and Bank Nifty showed a solid rally. Structurally, it is indicating a bullish bias. However, if we look at the sub-wave structure, there is a progressing fourth wave. The previous solid rally could indicate a third wave, followed by a rejection that reached the 23% Fibonacci correction, so we should consider that a fourth wave. In this sentiment, we can expect consolidation until breaking the immediate resistance. Let’s take a look at this on the chart. Today, Nifty and Bank Nifty have the same sentiment. Current View: If the market opens with a gap-up, it may face rejection around the previous high. If this happens, it may enter some consolidation between the previous high and the 38% Fibonacci level to the downside. This is our first variation. Alternate View: The alternate view suggests that if the gap-up doesn’t sustain, it may find support around the 38% Fibonacci level. If this occurs, it typically consolidates between the 38% and the previous high. In this case, if it breaks below the 38%, we can expect the next target at the 50% level; however, the correction will continue only if it breaks the 50% Fibonacci level solidly.by Manickamtraders1116
NIFTY Levels for September 13, 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
Elliott Wave Nifty 50Nifty set a new ATH yesterday and hopefully, the price action shows a little more upward movement is possible. A possible long position for a small move on the upside can be traded. Note: For educational and paper trading purposes only.Longby yudishtar7861
Nifty Intraday Support & Resistance Levels for 13.09.2024On Thursday, Nifty hit a new All-Time High of 25433.35 and closed at 25388.90, gaining 470 points. The weekly trend (50 SMA) remains positive, and the daily trend (50 SMA) has turned positive from sideways. Support Levels: Near Demand/Support Zone (15m): 25444 - 25270 Far Demand/Support Zone (75m): 24885.15 - 25072.55 Far Demand/Support Zone (75m): 24678.80 - 24745.50 As of now, there is no visible supply zone on the chart.by PriteshPal1
NIFTY BREAKOUT TO TEST 25800NIFTY simply gave all time high closing above 25275 and tested 25433. With support shifted towards 25135-25150 and next target comes out 25520/25720 and 25800. Simple daily charts showing support retested around 24800 and breakout with volumes at all time highs.Longby winnersgame110
NIFTY FOR 13 SEP#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade) NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis. NOTE : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do. Please Give A Like If You LikeShortby MISSION_TRADING5
Nifty Levels for 13th SepNifty levels for September 13th Sep. FIIs are bullish in both futures and options, suggesting strong market sentiment. Any dip towards the support levels could be an opportunity to buy. However, market conditions can change, and this analysis could be wrong—trade responsibly and manage your risks accordingly. Disclaimer These levels are intended for research purposes only. I am not a financial advisor, and I am not responsible for any financial gains or losses that may result from using these levels.by Trading_ATC225
NIfty volatility increases is as well as global. bad signNIfty volatility increases is as well as global. bad sign. monday will show if the trend reverses and pushes to new high. by FreeStockology220
Nifty trades and targets for - 13/9/24Hello Everyone. The market was in a bullish 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 GOPISRI2
Strong bullish candle that may change the trendstudy suggest : Wonderful candle that can change the trend Good bullish candle and with good volume seems the next impulse wave starts Lets enjoy the upside now and ride the rally 04:07by krushanu1
Nifty -Rising Wedge -CrucialNifty : Rising Wedge in progress Rejected from top trendline currently Need to see for a breakout / rejectionby roshansai3