Nifty50 Prediction & Analysis [11 Aug 2021]Nifty50 Prediction and Analysis For Tomorrow
Nifty50 Spot Levels to watch out for trading on 10th Aug 2021
Long Opportunity:
1. Price breaks out of 16300 and retests the level again is good support to go long
Short Opportunity:
1. Gap down opens below 16200 and stays below 16200 for some time and retested back the 16200 levels is a good resistance zone to short Bank Nifty.
Niftyforecast
Nifty50 Prediction & Analysis [10 Aug 2021]Nifty50 Spot Levels to watch out for trading on 10th Aug 2021
Long Opportunity:
1. Price breaks out of 16325 and retests the level again is good support to go long
Short Opportunity:
1. Gap down opens below 16175 and stays below 16175 for some time and retested back the 16200 levels is a good resistance zone to short Bank Nifty.
2. If Nifty Opens with a flat note then wait for the upward trendline to break near 16290.
Once broken and candlestick shows rejection near 16290 levels, then that area will be a good shorting zone.
Visit utube for Video Explanation: Akme Analytics
Nifty50 Prediction & Analysis [09 Aug 2021]Nifty50 Spot Levels to watch out for trading on 9th Aug 2021
Long Opportunity:
1. Price breaks out of 16280 and retests the level again is a good support to go long
Short Opportunity:
1. Gap down opens below 16200 and stays below 16200 for some time and retested back the 16200 levels is a good resistance zone to short Bank Nifty.
Visit utube for Video Explanation: Akme Analytics
Nifty 50 Intraday Trade Setup for 26th July 2021Good morning Traders,
The IN50USD is trading on a crucial level. The index is making a range and also a demand zone at 15,750 to 15,830 level. Here we have two buying ideas First is from 15,740-15,750 levels, Second is above 15,830.
Stoploss or risk is less here and target on the upside is 15,992 (first) & 16,023 (second). If I calculate the risk to reward ratio, it's pretty much good here.
You must be careful and keep an eye on the 15,700 levels, In case it breaks the support then the demand zone will be invalid and we may see a correction 15,600-15,550 levels.
First things first, I'll update the fresh chart once the SGX Nifty & IN50USD Index is open & post a fresh view after I get some fresh Intraday data.
Good Luck
Virendra Pandey
Nifty Intraday for 29th June and view for Next weekHello Everyone,
Hope you guys have done well in the monthly expiry and made enough bread now let's talk about today intraday and for the Next week as well. you have seen that how Harmonic patterns work and can count every and each swing. You Just need to understand the momentum and the Market structure.
Nifty is Trading on their resistance as per Harmonic ABCD pattern and a correction is Possible from 15,400-15,440 but a trend line is holding the trend so do not rush to open a short Position and its also against the mid and long term trend so I would not suggest to short until 15,270 breaks. We are getting 180 Point range for today and for next week as well.
Good Luck
Nifty 50 Intraday Trade Setup for 26th May 2021Good morning Traders,
The index is trading on a crucial and narrow range, You must be careful today because today is the last day before the Monthly Expiry. High Probability is Writers Play their game and manage the premiums in today's trading session. The problem is we are getting a very big Range in the Intraday 15,100 to 15,300 which is quite big for Intraday. Try to Understand the Range 200 Points Index has space to move 200 points Intraday before the breakout or Breakdown which is a sign for a volatile market so Be careful and trade according to the level.
Good Luck
Virendra Pandey
Nifty 50 Intraday Trade Setup for 25th May 2021The index went a narrow range after last week's rally. There is Multiple resistance now 15,380 to 15,400 the whole area is a supply zone as per our Harmonic XABCD & ABCD pattern and support is 15,100 now. SO we are getting only 300 point range for this week which is very low for Intraday.
you guys must know why Intraday is a bit risky if Index trading in a narrow range. I repeat very little room on both sides so set up your trade according to it .
Intraday range is 15,130 to 15,260
Nifty 50 Intraday Trade Setup for 11th May 2021Good Morning everyone,
Hope you all are doing great and did good in the last week, Index short term trend is bullish and we have seen 500 points up move in the last week but the main problem is Index momentum in intraday is so choppy & messy and most of the movement comes with a gap up then the market turns sideways all over the day which is not tradable in the Intraday.
Let's talk about our trade setup for 05th May 2021?
Key Factors
===================
1-The index is trading on their Harmonic PRZ. The level is 14,972. which can act as resistance.
2-India USD and SGX Nifty both are trading on a Negative Note. Almost 114 Points down from the previous day closing.
3-Index Intraday Support is at 14,700.
4- Higher Trend is still missing and the wider range is still valid from 14,000 to 15,000.
5- 15,000 is the Phycological resistance confirmed with the Harmonic PRZ.
Intraday on 05th May 2021.
================================
Intraday Range is 15,000 to 14,700 which is very big and can create a problem is the Intraday.
The index is about to Open around 100+ Point gaps down so you must know the support area which is 14,700-14,730.
Risky and Aggressive Traders can create a long position from the support zone with minimum sl and can hold the Position if 30-minute range breaks on the upper side,
Disclaimer: I am not a SEBI Registered Research Analyst and all the information provided here is for educational purposes Views are shared based on market research and study and personal in nature. Others can take different views and opinions.
Good Luck and Happy Trading
Virendra Pandey
NIfty 50 1 hour Time Frame analysis1 hour Time frame analysis
If Nifty 50 Open Gap Up from here and 15 min Sustain Above from the open Price then nice chance to initiate long
Current Resistance Level from here -- 14700 ----------> 14785 ------------> 14885 --------------> 15000
Current Support Level From Here ---- 14560-----------> 14445 ------------> 14370 ---------------> 14300
I am not a SEBI registered adviser. All the information provided by me is for educational/informational purposes only. Never invest more than 2 % Capital In Single trade. Trade on your own Risk and analysis
Nifty 50 Range for Today and for Next week Good Morning everyone,
We Have seen around 1000 Point corrections in the last couple of months in the Index. the Index is trading on its daily and weekly support. Confirmation Required at this Point. marked the Intraday Range on the chart but the problem is Ranges are big at this point. 250 Point range is quite big for Intraday but we can't do anything about it because the volatility of the Index is too high. Wait for the direction and it comes on breakout or breakdown. High probality Trade is the downside.
At this point, we are getting 2 harmonic patterns in the nifty Index
A: XABCD pattern which will be activated above 14500 and target will be 14593
B: ABCD pattern which comes with the current downtrend will be activated Lower than 14250 and the target will be 14035
Note: These levels are valid for today and as well as for next week. Trade only when you will get a direction which is come either on breakout or breakdown
Nifty 50 Intraday & Expiry Day Trade Setup for 10th March 2021Good Morning everyone
Important resistance for today's Intraday is 15270-15300. India 50 has given a good rally in upside after our trading session and closed on 15261. This means we are going to see a huge gap up again. Around 100-120 points. The index is too much volatile these days. So what is the Trade setup for today?
Intraday resistance is on 15270. the direction in Intraday comes only on breakout of 15270-15300. Today Intraday strategy is based on a 45-minute range. Use a 5-minute time frame to build your trade setup and wait for the first 45 minutes. Setup your trade on Breakout or breakdown of 45-minute range.
Nifty 50 Weekly View & Intraday Trade setup for 19th Feb 2021Good Morning everyone,
Hope you guys are doing great in the stock market and making some good money from our trading ideas. yesterday we have seen a clear downside move and our all targets hit.
Let's talk about the higher time frame.
=============================================
The main question is does 15,000 will hold the price or not? if Index failed to hold 15,000 then it will be tested first 14,750 then 14,250.
Intraday Trade setup
======================
This Index is Trading on Crucial point and trading on the harmonic PRZ, Do not relate Intraday idea with daily frame. The index is in correction mode but a bounce can be accepted from here and today's idea is based on it. The Important level is 15,160 and 15,060.
Open Long above 15,160 and short lower than 15,060
Nifty 50 Intraday Trade Setup for 17th February 2021Good morning everyone,
Hope you guys are doing great in the stock market. Let's talk about our last idea based on harmonic. All targets achieved and we had seen a dot reversal from our harmonic PRZ in yesterday's trading session. Now the main question is the yesterday's negative sentiment will continue in today's trading session. As per technical, There is 2 majors level to watch in Intraday. 15,200 is Important support and 15,350 is an important resistance.
You know the levels now but it will not help until you have not proper mind setup and trading sense. What do I mean by trading sense. Let me explain
1- 24 hours left in the expiry
2- The index is still in the uptrend.
3-Yesterday sentiment is negative and it manages the call and put price
4-We are getting 150 point range which is big as per Intraday view.
Conclusion: A clear sign for a sideways market in today's trading session. The index will be trending only if these levels break in the first hour and sustained. so follow the levels strictly.
Nifty 50 Intraday view and trade idea for 15th February 2021Good Morning everyone,
Hope you guys have enjoyed your weekend and ready to start a new week. Last week we had seen a sideways market, The index has traded in the range. the range is high 15,250 and low is 15,000. There is very little room in upside because of harmonic PRZ. 15,400 to 15,500 the whole area is a supply zone and Index still has 200-300 points. Swing traders must be careful at this point for their position sizing.
Trade Setup
==============
Long
=======
India 50 is trading on a positive note around 60 Points up from the previous closing .so we can see a gap up opening today but you guys need to consider buying only above 15,260. Very little room on the upside as 13,400 to 13,500 is the resistance area followed up with Harmonic PRZ so be alert on Buy-side and buy only above 13,260. Above 13,2600 will give a confirmation to the breakout for the last week range and the index can test their resistance 13,400 to 13,500 in this week
Short
==========
Short only if Previous low break in the hourly time frame which is 15,080.
Disclaimer: I am not a SEBI Registered Research Analyst and all the information provided here is for educational purposes Views are shared based on market research and study and personal in nature. Others can take different views and opinions.
Good Luck and Happy Trading
Virendra Pandey
Nifty 50 Intraday View & Trade Setup for 22 JanuaryNifty Update
==================
We have seen a dot reversal and huge correction in yesterday's trading session from the hourly harmonic PRZ. The main question is does the negative sentiment will continue or we will see a short-covering today?
In the chart you can see 3 patterns . 2 Were already completed and did their job now third is active and the target of the third pattern (Half Bat) is 14,450 to 14,426. which is still far away from the current level but still need confirmation.
Short
=========
14560 is the key support for today Intraday short if Index break this level and sustain lower sl is 14600 and Target is : 14,500/14,450/14,430
Long
========
Long position can consider only when the pattern failed Level is 14,650 Stop loss : 14,590 Target : 14,700/14,750/14,780
Double top formed! Will Nifty reverse it's trend?After having a bull run for a while, Nifty has finally formed a double top pattern. If the next session breaks the previous day high, it can rally upto 13700. If Nifty fail to cross the mark, there are chances it might consolidate.
Disclaimer: These are my personal views. I have drawn the chart in such a simple manner for the beginners to understand. I don't recommend anyone taking trades blindly. Please analyze yourself before you enter a trade.
Nifty forecasting for Upcoming session 08 Dec 2020Nifty levels forecasting for Upcoming session
15 M chart used for analysis
*Trading Range:
13141-13393 is the Trading Range for upcoming session. (Remain as last analysis)
*Resistance & Support /Chart Pattern & Trend:'
Pls Refer the chart,
Trading in range of channel and it was taken support at 50 EMA on 04 Dec.
Trend is heading towards 13393 and then we can see little bit retracement.
You can refer the previous session analysis to know the more as given in to link of related idea
*PE: 36.42 All time High (04 Dec 2020)
*RSI: 76 (1 D Time frame Chart) Bullish momentum
*FII & DII Activity
FII- Net Value: +3792 Crores
DII- Total Value: -2767 Crores
*Call PUT OI Buildup ( Weekly Expiry 10 Dec 2020):
Massive Put writing @ Strike 13200/13100/13000/12900 in the comparison of than Call Option strike 13100/13200/13300/13400 . Only @ 13500 we can see good call writing so it seems that call writers assuming that market will take rest above 13500 .
Pls note : Above All mention data are captured on last trading session.
If any suggestion or query pls comment or ask in to chat.
If You agree with my idea then pls hit the like button ,follow me & share my ideas to other needy.
Disclaimer:
Markets are Supreme ,If I am proven wrong,i will accept it & learn.
I am not SEBI Registered ,This is just my own view.
If any data having any typing error then pls correct it for your analysis & drop a line to me in chat.
Nifty forecasting for Upcoming session 07 Dec 2020Nifty levels forecasting for Upcoming session
15 M chart used for analysis
*Trading Range:
13141-13393 is the Trading Range for upcoming session.
*Resistance & Support /Chart Pattern & Trend:'
Pls Refer the chart,
Trading in range of channel and it was taken support at 50 EMA on 04 Dec.
Trend is heading towards 13393 and then we can see little bit retracement.
You can refer the previous session analysis to know the more as given in to link of related idea
*PE: 36.42 All time High
*RSI: 74 (1 D Time frame Chart) Bullish momentum
*FII & DII Activity
FII- Net Value: +2970 Crores
DII- Total Value: -1972 Crores
*Call PUT OI Buildup ( Weekly Expiry 10 Dec 2020):
Massive Put writing @ Strike 13200/13100/13000/12900 in the comparison of than Call Option strike 13100/13200/13300/13400 . Only @ 13500 we can see good call writing so it seems that call writers assuming that market will take rest above 13500 .
Pls note : Above All mention data are captured on last trading session.
If any suggestion or query pls comment or ask in to chat.
If You agree with my idea then pls hit the like button ,follow me & share my ideas to other needy.
Disclaimer:
Markets are Supreme ,If I am proven wrong,i will accept it & learn.
I am not SEBI Registered ,This is just my own view.
If any data having any typing error then pls correct it for your analysis & drop a line to me in chat.
Nifty forecasting for Upcoming session 04 Dec 2020Nifty levels forecasting for Upcoming session
15 M chart used for analysis
*Trading Range:
13010- 13283 is the Trading Range for upcoming session.
*Resistance & Support /Chart Pattern & Trend:'
Pls Refer the chart,
Trading in range of channel
*PE: 36.12 All time High
*RSI: 72 (1 D Timeframe Chart) Bullish Trend
*FII & DII Activity
FII- Net Value: +3637 Crores
DII- Total Value: -1440 Crores
*Call PUT OI Buildup ( Weekly Expiry 10 Dec 2020):
Put Options Strike 13100/13000/12900 Having Cumulative OI More than Call Option strike 13100/13200/13300 .
interpretation: We can see move in upside.
Pls note : Above All mention data are captured on last trading session.
If any suggestion or query pls comment or ask in to chat.
If You agree with my idea then pls hit the like button ,follow me & share my ideas to other needy.
Disclaimer:
Markets are Supreme ,If I am proven wrong,i will accept it & learn.
I am not SEBI Registered ,This is just my own view.
If any data having any typing error then pls correct it for your analysis & drop a line to me in chat.
long OPPORTUNITY IN TITAN BEARS SEEMS TO BE TRAPPED
WHY NOT BENEFIT FROM THEIR STOP LOSSES GETTING LIQUIFIED?
AFTERALL TRADING IS A ZERO SUM GAME, PROFIT OF ONE = LOSS OF ANOTHER.
SOME FACTS -
*PRICE MAKING HIGHER HIGHS ON WEEKLY AS WELL AS ON DAILY TIMEFRAME.
*PRICE TAKING SUPPORT ON THE PREVIOUS RESISTANCE MULTIPLE TIMES ON DAILY CHART AFTER EVERY RECENT UPWARD BREAKOUTS.
Nifty levels forecasting for Upcoming session : 25 Nov 2020Nifty levels forecasting for Upcoming session : 25 Nov 2020
15 M chart used for analysis
Trading Range:
12946-13135 is the Trading Range for upcoming session.
Resistance & Support /Chart Pattern & Trend:'
Pls Refer the chart,
Consolidation pattern near to complete So may be we can again see the GAP Up opening ,today same pattern was extended .(you can see the given related idea link of 24 nov.2020)
PE: 35.90 (20 Nov 2020) , 35.90 (Highest PE)
(Be Alert)
RSI: 75.61 (1 D Timeframe Chart)
FII & DII Activity (24 Nov.2020):
FII- Net Value: +4563.18 Crores
DII- Total Value: -2522.11 Crores
Call PUT OI Buildup (Weekly Expiry 26 Nov 2020):
CALL:
Call option unwinding at strike 13100/13200 & not having good cumulative OI in comparison to PUT OI & less change in OI also in call options chain So it indicating that writers assuming that the FII inflow will be continue .
PUT:
Massive Put writing at options 13000/12900/12800 & OI also increasing ,Strong support @ 12900 (highest OI)
(Data is Indicating that uptrend will be continue)
If any suggestion or query pls comment or ask in to chat.
Disclaimer: I am not SEBI Registered ,This is just my own view.