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Niftyindex

Nifty Medium term and stocks iam buyingMarket broke the support at 22150 New medium term support at 21500 and 21250 as shown in the chart. Meanwhile as mentioned in the last week specific value stock iam accumulating based on q4 results whenever there is a dip, Plan to purchase in three four parcels. Icici bank Axis bank Manppuram Dr reddys Natco Bajaj Fin serv Bajaj Fin Icici sec Acc Biocon These stick are given for analysis purpose. Individual can review and purchase according to their requirement.
NSE:NIFTYShort
by karthikss
Nifty Levels & Strategy for 28/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 flat -9 below 50 DMA. Nifty is clearly oversold. As expected, IT stocks start showing sign of recovery from lower levels. Today, Bulls (buy on dips) as well as bears (sell on rise) got the opportunity to trade. However, volatility was quite high. Yesterday, US market closed near 2 year low and today, US markets are trading green. Shall we expect a relief rally/bounce tomorrow? I WILL BE TRYING TO FIIs DATA ANALYSIS ONCE AVAILABLE IN ADDITIONAL COMMENTS. NIFTY SCORECARD DATED 27/SEP/2022 NIFTY IS DOWN BY -9 POINTS Name Price Previous Day Change % Change Nifty 17007 17016 -8.90 -0.05% India VIX 21.57 21.89 -0.33 -1.48% OPTION STATISTICS BASED ON 29/SEP/2022 EXPIRY DATA Max OI (Calls) 18000 (Open Interest: 8663050) Max OI (Puts) 16000 (Open Interest: 6248500) PCR 0.57 (PCR is in oversold zone) Nifty Calls: ATM: Short Buildup, OTM:Short Buildup, ITM:Long Buildup, FAR OTM:Short Buildup Nifty Puts: ATM: Long Liquidation, OTM:Short Buildup, ITM:Long Liquidation, 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
NIFTY OUTLOOKSome part of NIFTY's bullish journey might still be remaining!! Nifty exiting the 10-year-old channel and 14-Day RSI now confirming the break shows all signs of bullishness and none for the bears We can stay long on NIFTY as long as there are no major reversal signs in price action or indicators like RSI I can be wrong .....but the top for the market is yet to come and we can find NIFTY @ 17366 in August or by mid-September THIS IS A MEDIUM TO LONG TERM VIEW and short term trades should be taken after confirmation with price action and indicators on the respective daily and weekly charts. *****THIS IS NOT A INVESTMENT RECOMMENDATION (Just my views). Please consult your investment advisors before making an invt decision.******
NSE:NIFTYLong
by Samyak_Shah
What to expect from NIFTY after today’s Sell OffNSE:NIFTY After giving breakout to the level of 15431 on 31st May 2021 nifty keeps moving up on very sluggish price movement till 15th June 2021. On 18th June 2021 we have seen possible retest of breakout level of 15431 along with hammer candle formation, on very next day we also see similar kind of trend where we have seen gap down opening for that day and then prices pushed up. Day closes near its high and above the previous day’s close, which is a good bullish sign only concern was previous day’s high which was still intact and not broken. After narrow range bullish day on June 22nd NIFTY did not managed to make any further progress and on next sessions or so we have seeing prices trading in a range of 15915-15635 with few bearish sessions with no follow through selling. Today 08th July 2021 on expiry day we have seen selling all through day without giving any chance to bulls to take over. So, now the question is can we consider today’s session as a sign of trend reversal for swing trader?? Well I will prefer to wait for considering it as a sign of trend reversal. Okay then why should wait? As mentioned earlier NIFTY is still in a range of 15915-15635 so to consider NIFTY to bearish for swing trade we must see breakdown to the level of 15635. And if one can observe today’s candle we manage to see NIFTY spot penetrate 21EMA on daily chart but did now managed to close below it which is kind of sign that NIFTY is taking Support at EMA. So, before making any bearish decision for swing trade we must prefer to wait for follow through and breakdown to the level of 15635. And if did not managed to see the same and prices move upside again we have to consider 15915 as a resistance. After all this it’s looks like for swing or short term trading we must stay NEUTRAL for now . || Hari Om || || Ambdnya||
NSE:NIFTY
by PriceVolumeRider
NIFTY FOR TOMMOROW - 18 June 2021Nifty opened gap down today, it tried to fill the gap it created today, but couldn't sustain at higher levels and closed almost where it opened today. If you see the today's candle formation, its like a inverted hammer candle, but the structure of the candle is of lower low and formed after gap, hence not very important for support purposes. Now what for tomorrow ?? If we see the previous price action, prices did close at the critical support , it is the area from where the price bounces various times, so we need to be careful while creating new short positions. So for tomorrow, considering today's closing , I am expecting nifty might open flat or gap down and if opened as per expectation, and sustains below 15700 - 15750 it might test support zone of 15630-15580 and only decisive close below this level could exaggerate selling in the index and could move uptill 15400 levels. Supply zone : 15700-15750 Demand zone : 15630-15580
NSE:NIFTY
by manuagarwal21
1
Nifty analysis with Time Speculation Daily TimeFrame (Shorting)Hi ac we can see there are regular Bearish Divergence with MACD Lines and Histograms which is the sign of trend reversal and price correction... the index was bullish from march 2020 as the corona pandemic made a huge fall in the economy so post pandemic we can see the market had a bullish return to its past trend and even made new ATH, so to me we are now at the Overbought zone and soon we should face some correction and retracements. the Fibonacci golden areas can be used as some safe and rational TP targets and clubbing it with MACD will give us better vision of the market status. I have speculated some dates with Higher Lows data by Fibonacci Time Base tools, which we may see the TP zones but these dates are at most and the Specified TPs can occurs at any given time before these dates even... please refer to the Snapshot analysis for the prices and specified time in the link below and it helps us to see the Idea grows as the time passes... please comment your opinions about this idea
NSE:NIFTYShort
by BitonGroup
Nifty: This channel will tell you if there is another leg down The channel here contains all the price action that has happened from March Lows. Currently this channel has enough room on the upside to allow for any major rally. If the worst is over than this channel should continue to hold and we will only witness a breakout on the upside eventually. On the contrary if we see that prices break below the lower trend line it will be first indication that we may be seeing a second leg of the fall we witnessed in march (less likely).
NSE:NIFTY
by yash_utmani
Nifty Daily Review - 19th May 2020Nifty was trading in a range from quite some time. Upper Range 9600 Lower Range 9000 Yesterday it broke the range to the downside and closed near its low @8823 Today Nifty opened gap up @ 8961 , but could not sustain and took resistance at range lower band around 9040 levels. Today's high - 9030 Today's close - 8879 Now what to expect tomorrow ? If it opens flat watch out for 9040 resistance and 8880 support, any move above or below this range may see a good move it that direction. And in case of gap up or gap down, same levels act as important. i am expecting the weakness will remain in the index as because of the consistence under-performance in the bank-nifty.
NSE:NIFTY
by manuagarwal21
1