NIFTY analysis for 27th MondayHii Traders 😊
Welcome to NIFTY 50 and Futures chart analysis for 27th Monday 🔺
🛑 I'm sure that you will make note of these crucial levels
🎯 Key levels to watch out intraday levels for day trader
🛑 Major resistance zone for Nifty is at 17930-17960 where at this point nifty tried to breakout level
◽ If market breakout resistance zone then we can see Target of 18060 [/b
◽ Stop loss for this level is 17870 here the pivot point control region
◽markett will shown some weakness if it traded below 17870
◽ if huge gap up (ie. Above 17960)happens the don't take a trade let the market correct because market Dont like gaps whether it may be huge gap up or gap down so let market get correct for some time then take the trade
🛑 Major support level for Nifty 50
◽ Support level for nifty lies at 17770-17740
◽ Also this level can called as virgin CPR support area means It pivot point region based on yesterday value area where in active trading session market doesn't touch the that level (those levels or pivot control point are called virgin CPR )
◽ If breakdown happens we can see the Target of 17620 🎯
◽ stop loss ie.17830
If market traded below this level I'm sure market will be weak on intraday basis
🛑 levels for Nifty Futures will be remains same as above
◽ Go long on banknifty Futures if it breakout the resistance
◽ If banknifty traded above 18000 I'm sure that more shorts get covered in nifty Futures
◽ Don't short the market until below the 17
🛑 Summary
◽ Resistance level for CE buyers /option buyers is at 17790-17830
◽ support zone to buy PUT / PE is at 17570-17530
◽ Nifty will be weaker on intraday basis below the 17830
Thanks for reading 😊
I hope that it will help a lot and I'm wrong kindly comment mine mistake surely I will correct it
If you like it do follow for more and give reputation which will boost mine confidence to do more.
have a nice day 😊
Niftyfutures
NIFTY Chart analysis New High what next ❓Hii Traders 😊
Welcome to NIFTY 50 chart analysis for 24th Sep and it making record fresh high in the market 🔺
🛑 Caution
◽ I don't give much preference to technical indicators those were lagging indicators and I don't believe anyone of them . And use just for confirmation purpose and i trade only basis of levels that is Resistance and support levels and through market profile ( and I don't use market profile for execution of trade) if you are technical indicator trader you don't need to read further 😊 .
Show me that successful profitable trader who traded based on only technical indicators
🛑 If market has to achieve fresh high means only through fresh Buy's in other words new Buying can only lead market to fresh high
🛑 Today Bulls were took the control and lead to fresh high
🛑 Major contributor's are IT sector, Banking and finance sector , Auto sector which took the market in control and drove the market
🛑 What's the major reason to this bull ❓
Well,
U.S. Fed Holds Interest Rates Stable, Hints Tapering May Start Soon ( means Currently there's no changes in interest rate)
The U.S. Fed keeps interest rates steady for now but indicated that rate hikes might happen sooner than expected. More members now see the first interest rate hike occurring in 2022 if progress continues as expected
This is the reason beyond Market Run Fed now keep interest rate steady and it rise the rate sooner than expected
◽ What will happen if rise in interest rate ❓
( As I know if I'm wrong kindly correct me) if increase in interest rate then money follow will get reduced and as money follow decreases consumer products price decreases and it maintains inflation rate .
Interest will hike only when rise in inflation or expected to be rise inflation so Thier by they can control money follow
How money follow will increase inflation ❓
Well,
Just imagine interest what we paid for
credit card decreases and we will take benefit from that as much as possible and we are spending more money than usuall and we are paying more money for Products and goods it will increase in the inflation rate ( which means our country currency value decreases let take one example just assume that you bought an shoe at 100 Rupees (in Indian currency ) yesterday and same company same shoe will cost 102 rupees today which means inflation reduce currency value by 2 Rs ) I hope that u get it if I'm wrong kindly let me know comment section 😊
◽ Change interest rate means inflation is increasing so they were try to manage inflation rate by increasing in interest rate which will keep money follow under control ( if interest rate for credit cards increasing would like to spend more money ? So like this they control money follow )
🛑 Now let move on to analyse the market levels for 24 th SEP and I have given market levels were worked as I told that (you check in profile if whether I'm wrong or right)
🎯 Key levels to watch out intraday levels for day trader ( support and resistance zone for only for intraday traders and intraday purpose )
🛑 Major resistance zone for Nifty is at 17790-17830 where at this point nifty tried to breakout level in other words it is the level acting as supply zone where shorter's get active and shorting the market
◽ If market breakout resistance zone ie. 17790-17830 then we can see Target of 17930 🎯
◽ Stop loss for this level is 17730 here market get bounce back from this level and
in option chain data also showing support at this zone this is the zone where exactly market taking support
◽markett can shown some weakness if traded below 17750
◽ if huge gap up happens the don't take a trade let the market correct because market Dont like gaps whether it may be huge gap up or gap down so let market get correct for some time then take the trade if breakout the mentioned level or it can bounce from their ( After bounce let wait to candel close above the resistance level then take a trade don't forget About stoploss )
🛑 Major support level for Nifty 50
◽ Support level for nifty lies at 17570-17530 this the region of yesterday's value area means major valume is lies their so it acting as support zone or also called demand zone where buyers get active and drove the market upside
◽ Also this level can called as virgin CPR support area means It pivot point region based on yesterday value area where in active trading session market doesn't touch the that level (those levels or pivot control point are called virgin CPR )
◽ Market successfully breakdown this level then we can take a trade with stop loss level ie.17620 ( opening level for the previous day if nifty started trading above this level we can say nifty will be strong and can drive the price upside so this crucial STOP LOSS level )
◽ If breakdown happens we will achieve the Target of 17620 🎯
🛑 Key levels to watch out for nifty futures
➡️ Resistance zone is at 17850-17860 if it breakout this level with simultaneously breakout have to happen in nifty also then go long on nifty futures
◽Target 1 will be 18000
◽ Stoploss is 17770
➡️ Support zone is at 17630-17600
If it breakdown this level we can short the market
◽ target will be 17500
◽ Stoploss is at 17700
🛑 Nifty futures will be weaker below the 17760 -17740 zone and we can see more shorts in nifty futures
🛑 Summary
◽ Resistance level for CE buyers /option buyers is at 17790-17830
◽ support zone to buy PUT / PE is at 17570-17530
◽ Nifty will be weaker on intraday basis below the 17750
Thanks for reading 😊
I hope that it will help a lot and I'm wrong kindly comment mine mistake surely I will correct it
If you like it do follow for more and give reputation which will boost mine confidence to do more.
have a nice day 😊
NIFTY futures for expirey dayHii traders😊
I hope that you are doing well
🛑 Yesterday i was analysed intraday market levels for 22nd SEP and market closed in between that range and that range is indecisive and we can't predict which direction market will move so that levels will always play crucial role in trading
( U can check those levels those were in mine profile)
🛑 If we see In daily frame chart nifty forming an DOJI candle (which is telling that buyers were in control even though there was selling pressure )
🛑 If we closely watch the market in 15 mins time frame. Market failing to breakout the resistance level 17600-17630 ( this what I given in premarket analysis u can checkout weather it is right or wrong )
🎯 Key levels to watch out for expirey Day 23rd SEP
🛑 Crucial resistance zone is at 17620-17650
◽If it successfully breakout this level we can initiate the trade
◽ Why should we have to initiate trade only after breakout ❓
Well , answer is simple when ever market trying to breakout that level sellers were getting active and shorting the market at that level and it is acting as supply zone
◽after the breakout of 17650 Target 1🎯 ie . 17750
🛑 Crucial support zone for nifty futures is at 17440-17460
◽ If it successfully breakdown the level we can short the market from that level to 🎯 Target 1 ie. 17350-17330 with The stop loss of 17510-17525 level
◽ And u can use Trailing stoploss as T1 to achieve 🎯 Target 2 ie. 17260-17230 (major support level for nifty futures )
Summary
➡️ Nifty futures will be weaker between 17530 -17440
➡️ Tomorrow if nifty futures Traded above 17600 then shorter's will run for covering
➡️ Resistance zone 17620-17650
➡️ Support zone 17440-17460
Thanks for reading ,
If I'm wrong kindly let me know in comment section I will correct it and it helps me lot to increase mine knowledge
if you like it do follow and have a nice day 😊
Nifty Futures Trading Levels for 22nd Sept 2021
Nifty Futures Trading Levels for 22nd Sept 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & Technical Analysis and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor for before making trading decision.
Nifty Futures Trading levels for 21st Sept 2021
Nifty Futures Trading levels for 21st Sept 2021
based on Camarilla Pivot Points
Disclaimer: These levels are purely based on Price action/demand and supply zones & Technical Analysis and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor for before making trading decision.
Nifty Futures Key levels and Targets 20Sept 2021Nifty Futures Key Trading Levels for 20th Sept 2021
based on Camarilla Pivot Points
Disclaimer: These levels are purely based on Price action/demand and supply zones & Technical Analysis and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor for before making trading decision
Nifty Futures Key Trading Levels for17th Sept 2021Nifty Futures Key Trading Levels for 17 h Sept 2021
based on Camarilla Pivot Points
Disclaimer: These levels are purely based on Price action/demand and supply zones & Technical Analysis and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor for before making trading decision.
Nifty Futures Key levels and Targets 16th Sept 2021Nifty Futures Key levels and Targets 16th Sept 2021
If Bullish Moment Continues in Bank Nifty then Short covering rally in Nifty will propel Nifty towards New high of 17700
Disclaimer: These levels are purely based on Price action/demand and supply zones & Technical Analysis and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor for before making trading decision.
Nifty Futures Key Trading Levels for 14th Sept 2021Disclaimer: These levels are purely based on Price action/demand and supply zones, Technical Analysis and consumed only for educational purpose & should not be taken as buy/sell recommendation.
Please consult your Financial Advisor for before making trading decision.
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 13155 ALMOST ALL TRADERS LOST THEIR MONEY IN THIS BEAR TRAP,
REASON; FII selling in cash is ignored, blue colour numbers are long/short positions
15000CE writters burnt their fingers YESTERDAY, 14700PE writters today.
NOW the bears took control till 17 th may upto 13155( ''C''Wave begins)
Ride on right side
Happy trading
Bank nifty LongAll the levels with green line are a buy call and with a red line are shorting levels....
For me now bank nifty has entered into a bullish territory and won't bank nifty now till any sign of weekness. I will try to buy on dips bank nifty but only till I find a good risk reward and again I remind you downside my all targets of nifty and nifty Bank are not yet achieved...2 big targets are only done positionally we would try to play this bounce but positionally I won't carry any long as I still think there is more downside left ...
All the levels are informed in the chart so enjoy trading❤️🙏