Get started

Niftyanalysis

Nifty Levels & Strategy for 06/Oct/2022 ExpiryDear 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 Amazing performance by Nifty. Retail/HNIs traders were heavily benefitted & rewarded for their long positions. FIIs booked the loss & turned highly bullish for 6th Oct expiry. Today, Retails traders have heavily added bearish positions for 6th Oct expiry. Retail/HNI traders short covering may lift Nifty to high level. Today also US market is trading in positive zone. NIFTY SCORECARD DATED 04/OCT/2022 NIFTY IS UP BY 387 POINTS Name Price Previous Day Change % Change Nifty 17274 16887 386.95 2.29% India VIX 19.57 21.37 -1.80 -8.40% OPTION STATISTICS BASED ON 06/OCT/2022 EXPIRY DATA Max OI (Calls) 17500 (Open Interest: 7905950) Max OI (Puts) 17000 (Open Interest: 7070200) PCR 1.2 (PCR is in buying Zone) Nifty Calls: ATM: Short Covering, OTM:Long Buildup, ITM:Short Covering, FAR OTM:Long Liquidation Nifty Puts: ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup Shall we look for buy on dips opportunity at support levels & sell on rise with strict SL at higher levels as long as Nifty trading within a range? Yes, I think so. What do you think? Please do share your comments. Let us work & win together. Have a very happy, healthy & profitable day ahead!
NSE:NIFTYLong
by manishmgupta
Tuesday Market Outlook / Nifty Outlook For Reminder of the weekNifty is trying to break free from the bear grip on the basis of Global rebound seen around the indices across the globe. Real bullish break out in true sense will be when Nifty is able to break out and sustain above 17435 on weekly closing basis. Support for spot Nifty will be at 17026, 16888, 16749 and finally 16461. Resistance for spot Nifty on the upper side will be at 17270, 17435, 17646 and finally 17910.
NSE:NIFTYLong
by Happy_Candles_Investment
Nifty Levels & Strategy for 04/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 was clearly choppy and trading within a range. It has touched day's lower & upper range perfectly as per chart posted yesterday. US/Global as well as Indian markets became highly volatile. Nifty is down significantly but still closed above 50 DMA. Bulls Vs Bears fight is going on. It will interesting to watch Nifty will break the range on long or short side. NIFTY SCORECARD DATED 03/OCT/2022 NIFTY IS DOWN BY -207 POINTS Name Price Previous Day Change % Change Nifty 16887 17094 -207.00 -1.21% India VIX 21.37 19.97 1.40 7.00% OPTION STATISTICS BASED ON 06/OCT/2022 EXPIRY DATA Max OI (Calls) 17000 (Open Interest: 7613750) Max OI (Puts) 16000 (Open Interest: 5032350) PCR 0.67 (PCR is in oversold zone) Nifty Calls: ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup Nifty Puts: ATM: Short Covering, OTM:Short Covering, ITM:Short Covering, FAR OTM:Short Buildup Shall we look for buy on dips opportunity at support levels & sell on rise with strict SL at higher levels as long as Nifty trading within a range? Yes, I think so. What do you think? Please do share your comments. Let us work & win together. Have a very happy, healthy & profitable day ahead!
NSE:NIFTY
by manishmgupta
Nifty daily analysis for 04/10/22Nifty on the daily time frame has given a negative candle and has closed 200 points lower. The market has taken support from its 200 DMA and has closed near the level. On the hourly time frame, the market remained for selling. Though, the market tried to hold the 17000 level, but in the second half a huge sell off broke the level and even traded below the 20 ema. The market has formed an inside candle and closed below both the moving averages. Support :- 16840, 16770, 16650 Resistance:- 17000, 17065 As predicted the markets are still in a bearish territory and couldn't hold above the 17000 level. Wait for the price action near the price level before entering the markets.
NSE:NIFTY
by TheMamboMomentum
NSE:NIFTY Analysis/Prediction for tomorrowNSE:NIFTY Analysis/Prediction for tomorrow for Flat opening 🟢 Avoid CE 🔴 Buy PE Near 16950 ✔️ Target Should be 16800 for Gap-UP Opening 🟢 Buy CE near 16890 ✔️ Target Should be 16945, 17045 🔴 Buy PE Near 16950 ✔️ Target Should be 16800 for Gap-Down opening 🟢 Avoid CE 🔴 Buy PE Near 16880 ✔️ Target Should be 16800, 16750, 16600 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
1
NIFTY50 is looking Bullish.🤑 Nifty is likely to be Bullish till it's above 16930. ❓ Reason: Because there is ATM Machine No trade Zone Bottom Point. 🚧 Upside Hurdles: 17100, 17240. 🌈 Advice: 1.) Take reversal trade near these levels, or 2.) Wait for Breakout and Sustainability. 🟢 Positional Trend is Positive. 🟢 Long Term Trend is Positive. 📢 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:NIFTYLong
by AIATMMACHINE
Nifty Important levels and trade plan for Monday, 03.10.22SGX Nifty is currently 130 points negative, and based on current support and resistance levels we may expect three possibilities, gap down opening of 30-point, 120 point and of 200 points. Nifty is currently in correction phase of a downtrend, after yesterday’s up move, and we may expect a continuation in this move from here. But with a gap down opening of 200 points it will be little difficult. Now, for us zone between 17067 and 16943 will be the no trade zone. For any opening inside this zone, we will wait, and will enter into trade after breaking in either direction. For downside, we may expect a reversal from 16770, so up to this level our quantity will be limited, and second level of support will be 16624. For upside, 17221 will be important resistance level , our quantity will be limited up to this level. Second resistance level will be at 17357. For initial hour, we will have to be careful, if Nifty opens 200-point negative, then we will have to wait for correction in RSI, and initial settlement, along with price action. OI is neutral, having spaces in both side move. *All support and resistance plotted are based on PDH / PDL . For any reversal after breaking PDH / PDL , support and resistance levels will be different* **Time of plotting the levels and planning 01st October, 5:30 PM** ***Personal opinion, not a trading advice***
NSE:NIFTY1!
by rahulbora11
Nifty Levels & Strategy for 03/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 was clearly trending after RBI's policy. Every dip was bought. This relief rally was much awaited by traders. Those who waited patiently for RBI's policy got rewarded heavily. PCR shifted from oversold to buying zone within a day. Those who worked level by level also got benefitted heavily by reversing their trades after SL got hit on short side. Short covering lifted Nifty to 300 plus points from day's low. ATM bullish positions are build and short covering happened in ITM calls clearly indicating strength on bullish side. It will be interesting to see if relief rally will be sold again. WORK LEVEL-BY-LEVEL WITH STRICT SL. NIFTY SCORECARD DATED 30/SEP/2022 NIFTY IS UP BY 276 POINTS Name Price Previous Day Change % Change Nifty 17094 16818 276.25 1.64% India VIX 19.97 21.30 -1.33 -6.27% OPTION STATISTICS BASED ON 06/OCT/2022 EXPIRY DATA Max OI (Calls) 17500 (Open Interest: 4488900) Max OI (Puts) 16700 (Open Interest: 4867300) PCR 1.16 (PCR is in buying 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:Long Liquidation, FAR OTM:Short Buildup Shall we look for buy on dips opportunity after initial gap-up & sell on rise with strict SL at higher levels? Yes, I think so. What do you think? Please do share your comments. Let us work & win together. Have a very happy, healthy & profitable day ahead!
NSE:NIFTYLong
by manishmgupta
Nifty Levels & Strategy for 29/Sep/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 closed in red and below 50 DMA but defended 100 DMA level. Nifty is oversold. As expected, IT stocks started moving up from lower levels. Today also buy on dips and sell on rise strategy worked well. Is higher volatility from last 2 days indicating temporary bottoming process. Today, US market is trading in green. Let us expect a good recovery in next few days from 2 year's low levels. Traders should short/take bearish positions at higher levels with strict SL only otherwise they may get into beartrap. NIFTY SCORECARD DATED 28/SEP/2022 NIFTY IS DOWN BY -149 POINTS Name Price Previous Day Change % Change Nifty 16859 17007 -148.80 -0.87% India VIX 22.10 21.57 0.53 2.45% OPTION STATISTICS BASED ON 29/SEP/2022 EXPIRY DATA Max OI (Calls) 17000 (Open Interest: 9576050) Max OI (Puts) 16500 (Open Interest: 6235950) PCR 0.61 (PCR is in oversold zone) Nifty Calls: ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup Nifty Puts: ATM: Long Buildup, OTM:Long Buildup, ITM:Short Covering, FAR OTM:Short Buildup Shall we continue to look for sell on rise opportunities ????? Yes, I think so. What do you think? 1. Only at higher level after decent pull back from lower levels 2. near major resistance levels 3. near high OI in CE strikes with strict stoploss? Shall we look for buy on dips opportunity ????? Yes, I think so. What are your views? 1. near major support levels 2. near high OI in PE strikes with strict SL? However, it’s quite important to check & review following prior to finalize your strategy/work plan for next trading session. Market is very dynamic and overnight situation may get change. 1. Global cues based on EOD data 2. FIIs/DIIs/Big player cash & F&O data analysis Please do share your comments. Let us work & win together. Have a very happy, healthy & profitable day ahead!
NSE:NIFTYLong
by manishmgupta