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Niftyanalysis

Nifty Important levels and trade plan for Tuesday, 1st NovemberOn daily time frame Nifty is bullish, and we may expect a correction in the current trend tomorrow. For tomorrow, between 18054 and 17992 will be the no trade zone, will avoid directional trade between these two levels. Now we will go for bullish trade, after first five minute candle breakout in upside. But here we may have some issue. If we see Nifty in hourly time frame, it is near overbought zone, and it is not possible to continue this upside momentum, without some correction. So, for upside trade, our quantity will be limited, and mostly prefer a sell trade. And if nifty sustains over the no trade zone, after 12:30 PM, we may continue with remaining quantities. For upside, our targets will be- 18125 and 18199. Now, for downside, will go for bearish trade after Nifty crossing the bottom of no trade zone, i.e. 17992 with a price action in 15 Minute time frame only. Targets in this direction will be- 17926, 17875 and 17824. We may expect reversal from any of the levels. For a gap up or gap down opening, near support or resistance levels, we may enter for reversal trades, especially in upside, for correction. An upside channel is also visible, plotted with Fibonacci levels in black coloured lines. Looking at OI data, 18000 may act as major resistance with highest OI in CE side, similarly 17900 has the highest OI in PE side followed by 17800 and 17700. So, from both OI and price action, we may expect some correction in Nifty, may be in the form of a sideways market in coming days. **All support/resistance levels depend on PDH/PDL, breaking either side may change the levels plotted* **Time of plotting the levels and planning 31st October, 4:50 PM** ***Personal opinion, not a trading advice***
NSE:NIFTY1!
by rahulbora11
NIFTY Weekly Volatility Forecast 31/10 - 04/11 2022 NIFTY Weekly Volatility Forecast 31/10 - 04/11 2022 Currently the volatility for this week is around 2.21% , down from expected 2.23% last week. According to ATR calculation, currently the volatility is located around 3th percentile. Under this circumstances the expected movement of the candle is : BEAR : 1.609% from the opening point of the weekly candle BULL : 1.909% from the opening point of the weekly candle At the same time, currently there is 33.9% that the movement within this weekly candle is going to break and close either above or below the next channel: TOP: 18309 BOT: 17510 Lastly, taking into account the previous weekly high and low there is a : 75% chance that we are going to touch the previous week high 25% chance that we are going to touch the previous week low
NSE:NIFTY
by exlux
NIFTY50 is looking Indecisive 🤑 Nifty is likely to be INDECISIVE till it's between 17705 and 17890. ❓ Reason: Because Nifty is far away from the Target of ATM Machine Indicator on Hourly Chart. Do it has to come near to Yellow ATM Machine. 🚧 Upside Hurdles: 18000. 🚧 Dowside Hurdles: 17535. 🌈 Advice: 1.) Take reversal trade near these levels, or 2.) Wait for Breakout and Sustainability. 🟡 Positional Trend is Indecisive. 🔴 Long Term Trend is Negative. 📢 Disclaimer: We are NISM Certified so we don't hold any position in Nifty Future or Options as per SEBI guidelines. Take trades as per your own technical analysis, we are just educating you. We are not using any type of indicators for finding out of levels. 🙏🏻 Come to Learn, Go to Earn🙏🏻 ✅ We are NISM Certified. ✅ ☔If you find us useful, Please help the helpless near you.☔ ☺Happy to Help.☺
NSE:NIFTY
by AIATMMACHINE
Nifty Levels & Strategy for 31/Oct/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading. NIFTY Nifty traded within a range & performed as expected. Profit booking was done at higher levels and buying emerged at lower levels. US market clsoed in green. SGX Nifty closed almost 200 points up. Is Nifty is getting ready to cross 18K amid ongoing global issues (Key issues to be considered are US FED hike in Nov & RBI's corrective action). Is sell on rise & buy on dips working????? However, please do review the following Nifty scorecard data which will give you clear idea about long & short positions in Calls & Puts. NIFTY SCORECARD DATED 28/OCT/2022 NIFTY IS UP BY 50 POINTS Name Price Previous Day Change % Change Nifty 17787 17737 49.85 0.28% India VIX 15.92 16.60 -0.68 -4.07% OPTION STATISTICS BASED ON 03/NOV/2022 EXPIRY DATA Max OI (Calls) 18200 (Open Interest: 4977800, CE LTP: 9.4) Max OI (Puts) 17700 (Open Interest: 4514950, PE LTP: 85.8) PCR 0.92 (PCR is in bearish zone) Nifty Calls: ATM: Long Buildup, OTM:Short Buildup, ITM:Short Covering, FAR OTM:Short Buildup Nifty Puts: ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
NSE:NIFTY
by manishmgupta
Nifty Levels & Strategy for 28/Oct/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading. NIFTY Today global cues were positive. Today Dow Jones is trading in green & Nasdaq is trading in red. Please do check global market indices tomorow morning before finalizing your trading strategy. Dollar index is coming down which is quite good for global markets. As expected once again bulls as well as bears got the opportunity with sufficient time to trade & book the profit. Specially retails traders enjoyed the profit due to up move. Big players are light and have started on a positive note for Nov series. FIIs are high bullish & added bullish positions in F&O contracts. Tomorrow, also we should continue to booking profit at higher levels and buy the strength in only monthly option (not in weekly options) therefore you get enough of opportunities to adjust your trades in coming weeks. Shall we continue do profit booking near lifetime high? Yes, we should. Shall we continue to buy on dips & sell on rise with strict SL? Yes, I think so. Please do share your thoughts. NIFTY SCORECARD DATED 27/OCT/2022 NIFTY IS UP BY 81 POINTS Name Price Previous Day Change % Change Nifty 17737 17656 80.60 0.46% India VIX 16.60 16.88 -0.28 -1.67% OPTION STATISTICS BASED ON 03/NOV/2022 EXPIRY DATA Max OI (Calls) 18400 (Open Interest: 4062000, CE LTP: 4.2) Max OI (Puts) 17700 (Open Interest: 2949950, PE LTP: 117.8) PCR 0.83 (PCR is in bearish zone) Nifty Calls: ATM: Long Buildup, OTM:Short Buildup, ITM:Long Buildup, FAR OTM:Short Buildup Nifty Puts: ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
NSE:NIFTY
by manishmgupta
17650 - 17800 is a consolidation zone Clearly the Index is moving in a HH pattern and taking support in the lower trend line. since last 2 days index is trading in a range of 150 points where sellers trying hard to push the index down, instead of positive global cues index closing lower after opening at higher levels but unable to break the range hence its creating a range which may act as strong support if index sustains above 17800. Resistance - 17915, 18k, Support - 17650, 17500
NSE:NIFTY
by TheStocktrader_Skn
Nifty Levels & Strategy for 27/Oct/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading. NIFTY Today global cues are positive. Let us reconfirm it tomorrow morning again. Profit booking in Nifty at higher is quite obvious. Big players have significantly reduced their existing long as well as short positions in F&O contracts. Today US markets are really doing well. However, retail traders need to be cautious in Nifty near major resistance levels. PLEASE NOTE THAT VOLATILITY IS LIKE TO GROW IN COMING WEEKS DUE TO ANOTHER US FED HIKE IN FIRST WEEK OF NOVEMBER. KEEP USING POSITIONS HEDGED & DON"T GET CARRIED AWAY. Our trading decision should be logical & based on data. Market is quite volatile and almost daily offering nice trading opportunities to Bulls as well as Bears. Traders who working patiently and waiting for right levels, good quality trade setup are getting regularly getting rewarded. Shall we continue do profit booking near lifetime high? Yes, we should. Shall we continue to buy on dips & sell on rise with strict SL? Yes, I think so. Please do share your thoughts. NIFTY SCORECARD DATED 25/OCT/2022 NIFTY IS DOWN BY -74 POINTS Name Price Previous Day Change % Change Nifty 17656 17731 -74.40 -0.42% India VIX 16.88 17.42 -0.54 -3.11% OPTION STATISTICS BASED ON 27/OCT/2022 EXPIRY DATA Max OI (Calls) 18000 (Open Interest: 11297000, CE LTP: 2.1) Max OI (Puts) 17500 (Open Interest: 6724600, PE LTP: 20) PCR 0.78 (PCR is in bearish zone) Nifty Calls: ATM: Short Buildup, OTM:Short Buildup, ITM:Long Liquidation, FAR OTM:Long Liquidation Nifty Puts: ATM: Short Covering, OTM:Short Buildup, ITM:Long Buildup, FAR OTM:Long Liquidation
NSE:NIFTY
by manishmgupta
NSE:NIFTY Analysis/Prediction for tomorrow expiry 27-10-2022NSE:NIFTY Analysis/Prediction for tomorrow expiry 27-10-2022 Note: One side move possible if market open flat or slight Gap-Down and break 17630. for Gap-UP opening above 17720 🟢 For CE wait for price action or range breakout and trade as per marked levels. 🔴 Buy PE below 17650 ✔️ Target Should be 17530 For Flat/Gap-Down 🟢 Buy CE above 17720 ✔️ Target Should be 17800 🔴 Buy PE below 17650 ✔️ Target Should be 17530 Important Notes: 🚨 Gap-UP & Gap-Down more than 100 points wait for price action. 🚨 Gap-UP & Gap-Down up-to 60 points wait for a pullback. ⚠️ Wait for the 5-minute candle to close for confirmation. ⚠️ Trade Like Either SL or Target. ⚠️ Important: Always maintain your Risk & Reward Ratio. Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
NSE:NIFTY
by TheTechNifty
Nifty & Bank Nifty Support/Resistance levels on 25 OctGood morning 🌞 Have a profitable day 💰👍🏻 Morning Market Update 25 Oct 2022 SGX NIFTY is indicating a gap up opening - SGX NIFTY is trading at 17790 - US futures are in Flat Red - ASIAN Market is in Green - USDINR at 82.75 In Nifty 17500 PE and 17700 CE Also added OI at Far OTM 18000 CE have high Open Interest in weekly In BankNifty 40500 PE and 41000 CE Also added OI at Far OTM 39500 PE and 40000 PE have high Open Interest in weekly Hong Kong Stocks Were Volatile While Mainland China Markets Continued To Slide Tuesday With Investor Sentiment Turning Following The Conclusion Of The China’s Party Congress And The Release Of A Slew Of Delayed Economic Data, While Other Major Asian Markets Rose After Wall Street’s Second Straight Positive Session; ASX 200 (+0.19%), Nikkei 225 (+0.81%), KOSPI (+0.04%) Stocks Ban In F&O: NIL
NSE:NIFTY
by PrathapTrader
Nifty Levels & Strategy for 25/Oct/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading. NIFTY Today global cues were positive on special occasion of Diwali 2022 Muhurat trading. Nifty closed 154 points up. It will be very interesting to see where Nifty will be able to sustain at higher levels amid several global issues. Big players have taken bullish positions. We have also seen decent profit booking at higher levels. We have seen lot of actions in just one hour of Muhurat trading. Nifty is looking positive. Shall we do profit booking at higher levels? Yes, we should. Shall we continue to buy on dips & sell on rise with strict SL? Yes, I think so. Please do share your thoughts. NIFTY SCORECARD DATED 24/OCT/2022 NIFTY IS UP BY 154 POINTS Name Price Previous Day Change % Change Nifty 17731 17576 154.45 0.88% India VIX 17.42 17.28 0.14 0.82% OPTION STATISTICS BASED ON 27/OCT/2022 EXPIRY DATA Max OI (Calls) 18000 (Open Interest: 10286850, CE LTP: 9.3) Max OI (Puts) 17000 (Open Interest: 7897000, PE LTP: 3.35) PCR 1.02 (PCR is in sideways zone ) Nifty Calls: ATM: Long Buildup, OTM:Long Buildup, ITM:Short Covering, FAR OTM:Short Buildup Nifty Puts: ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
NSE:NIFTY
by manishmgupta
Nifty 50 Wave C Prediction (Expanded Flats)Based on my previous Nifty 50 charts this time I tried to explain more with texts and markers on chart. I hope it would help you to understand. This is just my prediction, It could be wrong anytime. After wave A to B retracement which was almost 0.382 from the previous wave (Must mention that SGX Nifty was 17014 that day, exactly where I pointed out) now the wave C could be 1 to 1.414 (Between 17748 to 18031). But I would say wave C must be not more than 17900, The yellow box is the sideways box. Dashed lines are all trend lines. Hope you traders will like it. Thanks for viewing ":-)
NSE:NIFTYLong
by LittleMouseIn
NIFTY 50, WAVES AND MOVEMENT!!FIRST, nifty used to give about 12-14%, but after the corona's bull run, nifty will give about 15-16% returns. (i have drawn the major black trend line to support my point). 2. i have drawn the corrected consolidating part for the nifty, after its corona's bull run(5 waves). 3. have a good look at MA 100(blue colour), it has touched it on 20th June and did not broke it. ADDING ON, since the consolidated waves have been completed, after it touched the MA 100, it gave a bull run and went to the top of major nifty 50's trend line. this proves that INDIA is not in a recession. 4. look at the red trend i have drawn, nifty has broken it already two times, and this week it almost broke it the 3rd time, so breaking the LOWER HIGHS, concluding again that INDIA is not in a recession. 5. i have just drawn an extended part of MA100, for view, have a look about the US MAKRETS RECESSION AND INDIA NOT IN A RECESSION, AND EVEN BASED ON THE TREND LINE. 6, what does the arcs tell me: US is mostly gonna have a recession, if they are having a cough, all will catch a cold. US MARKETS, could fall about 10%, and most likely INDIAN MARKETS will fall around 5-7%. but yes, after that there would be a new beginning, and i have drawn a path of it ina orange colour. ARCS tell that there would be a H&S PATTERN occurring, defining that US too would have a crash around that time(around 25th oct- 14th nov). the fresh start will begin from (around 14th- 12th dec). one more possibility of this could be, that nifty could once again touch the MA100 at the time of US having correction, and then a fresh starts begin. i conclude my analysis by saying, I BET ON INDIA TO BE BULLISH!! SEE YOU IN MY NEXT ANALYSIS!! (DO CHECKOUT THE LINKS SECTION)
NSE:NIFTYLong
by raghavchoudhary2016