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Niftyindia

NIFTY 50, WAVES(THIS MONTH)!!although nifty 50 has crossed 18000 previously in its 3rd wave, it will reach its new all time high in 5th wave. nifty 50 is following the waves very greatly. i had previously drawn waves for bull run and updated you till 3rd wave. now here's an update for the 5th one. i have explained each and every trend line , bull run in my previous nifty 50 analysis, and i will link it below, you will understand my analysis more understandingly, after reading the description of those analysis. nifty is already in a bull run, this bull run is carried in 5 waves, and now we are in the last wave of it. let see what happens after that...
NSE:NIFTYLong
by raghavchoudhary2016
Nifty Levels & Strategy for 15/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 is slightly down by -66.3 points. Today, Nifty has broken down 18K level but finally closed above the 18K wall of significant open interest. PCR is down from 1.32 ( bullish zone) to 1.1 (buying zone). Today, big players have turned the tide in their favour. Every retail trader is shocked to see Nifty’s performance. Nifty closed above 18K level against the odds when all of us were expecting it to close below 17800 level Highest open interest on call side at 18100 (Shifted down from 18500 to 18100) Highest open interest on put side at 17900 (Shifted down from 18000 to 17900) BANK NIFTY Surprisingly, Bank Nifty is up again by 532 points in spite of severe fall in US/Global markets. Bank Nifty has closed 4th time in a row at new lifetime weekly high. Bank Nifty PCR at 1.62 has reached in overbought zone. BN , now trading at walking distance from lifetime high. I am really amazed with big players performance. Initial gap down was bought in few mins and then non-stop rally with profit booking in last hour. Right now, bank nifty has reached into overbought zone. Highest open interest on call side at 41500 (Shifted up from 41000 to 41500) Highest open interest on put side at 40000 (Remained at same 40000 level) Shall we look for buy on dips opportunity near support level & trade with strict SL? What do you think? Please do share your comments. Have a very happy, healthy & profitable day ahead!
NSE:NIFTY
by manishmgupta
Nifty Levels & Strategy for 14/09/2022Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. 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 your own skills and please do consult your financial advisor before trading. NIFTY Nifty is up again by 134 points. Today, Nifty has broken the 18K wall of highest open interest, but strength was clearly missing after initial breakout. PCR is further up from 1.02 (sideways zone) to 1.32 (bullish zone). Bears are all set to bring down Nifty below 18K after blood bath in US market based US inflation data and fear of jumbo rate hike in near future. Highest open interest on call side at 18500 (Shifted up from 18000 to 18500) Highest open interest on put side at 17900 (Shifted up from 17900 to 18000) BANK NIFTY Bank Nifty is up again by 299 points. Bank Nifty has closed 3rd time in a row at new lifetime weekly high. Bulls have really performed well amid several global issues. Everything was going good for bulls, but today’s higher US inflation data is likely to put a break in sharp bear market rally. Bears are all set to take over. Market is going to give opportunities to those who missed to buy during the rally/clear the bleeding short positions. Highest open interest on call side at 41000 (Shifted up from 40500 to 41000) Highest open interest on put side at 40000 (Shifted down from 40500 to 40000) Shall we start looking for sell on rise opportunity amid global issues till US Fed hike in near future near major resistance level with strict stoploss? Or Shall we look for buy on dips opportunity after decent correction? What do you think? PLEASE MAKE A NOTE THAT TOMORROW MORNING, WE WILL SEE THE SHARP REACTION OF US INFLATION DATA. Please do share your comments. Have a very happy, healthy & profitable day ahead!
NSE:NIFTYShort
by manishmgupta
Dixon Technologies - Keep an Eye 📊 Script: DIXON (DIXON TECHNOLOGIES (INDIA) LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY 500, NIFTY INDIA CONSUMPTION, NIFTY MIDCAP 📊 Sector: Consumer Durables 📊 Industry: Consumer Electronics Key highlights: 💡⚡ 📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it. 📈 Crossover in MACD . 📈 Already Crossover in Double Moving Averages. 📈 Volume is increasing along with price. 📈 Script is moving towards resistance level which is around 4659 if script is breaking its resistance level it may go up. 📈 Current RSI is around 77. 📈 One can go for Swing Trade for around 120 points. ⏱️ C.M.P 📑💰- 4540 🟢 Target 🎯🏆 - 4659 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:DIXONLong
by radha_23
1
Nifty in strong position to gain further.NIFTY has started the week on solid footing and current global positivity can help nifty scale new heights. For gaining further ground tomorrow Nifty will have to close the day above 18000 levels. Failing to do so we can see little bit of consolidation too. Support and resistance levels are as under: Supports for Nifty: 17800, 17659, 17424 and finally 17204 (in very unlikely circumstances). Resistances for Nifty: 17996, 18100, 18365 and finally ATH 18606.
NSE:NIFTYLong
by Happy_Candles_Investment
Nifty levels & strategy for 13/Sep/2022Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please don’t trust me or anyone for trading/investment purpose. Focus on learning how to fish, trust your own skills and please do consult your financial advisor before trading. NIFTY Nifty is up by 103 points. Nifty is successfully trading above major resistance zone. PCR is up from 0.89 (bullish zone) to 1.02 (sideways zone). Nifty is trying hard to cross the 18K level. If inflation data is next major trigger. If data comes positive and then we may see a new lifetime high in Nifty.Certainly, support zone in Nifty has shifted up. Important resistance levels became new support levels. Max open interest has jumped up significantly which means big players are looking at expiry on higher levels near lifetime high. Overall, Indian market data is looking good. Highest open interest on call side at 18000 (Remained at same level) Highest open interest on put side at 17900 (Shifted up from 17000 to 17900) BANK NIFTY Bank Nifty is up by 158 points. Bank Nifty is really performing well and closed above 40500 level which is a new lifetime weekly high. Extra ordinary performance by Banking stocks amid ongoing global issues. Any dip Bank Nifty due to US inflation data in next few days should be buying opportunity. However, trader should work level by level. Max open interest has jumped up significantly. Please do make a note of it. Highest open interest on call side at 40500 (Remained at same level) Highest open interest on put side at 40500 (Shifted up from 39000 to 40500) Shall we continue look for buy on dips opportunities near major support? Yes, I think so. What do you think? Please do share your comments. Have a very happy, healthy & profitable day ahead!
NSE:NIFTY
by manishmgupta
Nifty 50- 240 MINS TIME FRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: its my view only and its for educational purpose only. only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves. we do not get into bullish or bearish traps. we anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle. buy low and sell high concept. buy at cheaper price and sell at expensive price. Keep it simple, keep it Unique. please keep your comments useful & respectful. Thanks for your support.... Tradelikemee Academy
NSE:NIFTYShort
by Tradelikemee
Nifty Levels & Strategy for 12/09/2022Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please don’t trust me or anyone for trading/investment purpose. Focus on learning how to fish, trust your own skills and please do consult your financial advisor before trading. NIFTY Nifty is up by 35 points. It’s really important to understand that Nifty has sustained 17800 plus critical make or break levels amid global issues & profit booking by big traders. PCR is down from 1.17 (bullish zone) to 0.89 (bearish zone). Overall, Nifty performed well and hit the majority of the targets as expected. It's really difficult for option writers to manager gap-ups & gap-downs. These days, we are having higher swings in both the direction due to high liquidity and better retail traders participation. Support Zone in Nifty is shifted up. Important resistance levels became new support levels. IT sector has started performing now. Hoping, it will lift Nifty to new lifetime high. Will Break out in Nifty sustain amid global issues? Answer is yes, breakout is sustained. Is Nifty getting ready to touch new lifetime high? If Nifty crosses & sustained above 18000 level, then shall we expect Nifty to move further up? Highest open interest on call side at 18000 (Remained at same level) Highest open interest on put side at 17000 (Shifted down from 17500 to 17000) BANK NIFTY Bank Nifty is up by 207 points. Bank Nifty performed well and closed above 40K level which should be considered really good amid ongoing global issues. Bank Nifty comfortably traded above 40K even after significant rate hike of 75 basis points by ECB. Highest open interest on call side at 40500 (Shifted down from 41000 to 40500) Highest open interest on put side at 39000 (Shifted down from 39500 to 39000) Shall we continue look for sell on rise opportunities? I don’t think so. What do you think? Shall we continue look for buy on dips opportunities near major support? Yes, I think so. What do you think? Please do share your comments. Have a very happy, healthy & profitable day ahead!
NSE:NIFTY
by manishmgupta
2
Nifty Levels & Strategy for 09/09/2022Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please don’t trust me or anyone for trading/investment purpose. Focus on learning how to fish, trust your own skills and please do consult your financial advisor before trading. NIFTY Nifty is up by 174 points. Steller performance by Nifty. PCR shifted up from 0.92 (bearish zone) to 1.17 (bullish zone). Nifty performed beyond expectation and hit all the targets. Option writers also made good money as most of them timely close CE leg and PE writing continued through the trading session. Today we had a very nice trending day and retail traders could make good money based on their huge overnight buy position in F&O contracts. Support Zone in Nifty is shifted up. Resistance Levels became New Support Levels. Highest open interest on call side at 18000 (Remained at same level) Highest open interest on put side at 17500 (Shifted up from 17000 to 17500) BANK NIFTY Bank Nifty is up by 753 points. Extra ordinary performance by bulls lifted up Bank Nifty beyond the major resistance zone. It will be interesting to watch whether breakout will sustain amid global issues and after ECB hike by 75 to 100 basis points today or it will get back into previous trading range. Highest open interest on call side at 41000 (Shifted up from 40000 to 41000) Highest open interest on put side at 39000 (Shifted up from 39000 to 39500) Will Break out in Nifty sustain amid global issues? Is Nifty getting ready to touch new life time high ? Shall we continue look for buy on dips opportunities near major support levels? My view is neutral with positive bias. However let us see how global markets reacts overnight after ECB hike. Please do review & analyze EOD closing data for preparing tomorrow's trade plans. Please do share your comments. Have a very happy, healthy & profitable day ahead!
NSE:NIFTY
by manishmgupta
Make or Break Tuesday Coming Up.Spot Nifty is just under Double Trend line resistance of 17700. Closing above 17700 will open the wide possibilities of Nifty strolling 18K and regaining the level with confidence. As the resistance is very strong and we are currently at 17665.80 a great thing to happen will be getting an gap up opening above the resistance and sustaining it. If it is not gap up opening and we move with confidence defeating the level it will be even better. Also note that 17590 is a strong 50 hours EMA support. Resistance levels: 17782, 17844, 17989 and finally 18105. Support levels: 17590, 17425 and 17338. Below 17338 Bears can fight back and drag the index to lowers 17K or even below it to 16.9 or 16.5K levels.
NSE:NIFTYLong
by Happy_Candles_Investment
Nifty levels & strategy for 06/09/2022Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please don’t trust me or anyone for trading/investment purpose. Focus on learning how to fish, trust your own skills and please do consult your financial advisor before trading. FIIs sold in cash -812 crores and bought in F&O 3862 crores. DIIs bought in cash market 534 crores. FIIs added long positions in F&O Index future & stock contracts and reduced short positions in index put & stock put options. FIIs are bullish on market. DIIs added short contracts in Index future, stock future & stock call option. DIIs are bearish on market. Pro traders followed balanced approach. Pro traders have added short contracts in Index future, stock future & hedged their positions using option contracts. Retail traders have added short contracts in Index future, stock future & index short call. Retail traders also heavy bought index put long & stock put long options except stock call long options. Overall retail traders are highly bearish on the market. May god save retail traders. NIFTY Nifty is up by just 126 points. PCR shifted up from 0.80 ( bearish zone) to 1.07 (buying zone). Nifty traded sideways after initial gap-up. Nifty is trading near major resistance zone. Let us see if Nifty breaks out above 17777 level and make a move towards 18000 level. Nifty trading range has shifted up. Is Nifty getting ready for breaking out/ready to touch 18000 levels in coming days ????? Highest open interest on call side at 18000 (Remained at same level) Highest open interest on put side at 17000 (Remained at same level) BANK NIFTY Bank Nifty is up by 385 points. Bank Nifty firmly today. PCR shifted up from 0.91 ( bearish zone) to 1.2 (buying zone) amid global issues like US Dollar Index at 20 year high, Russia stopping gas supply to Europe & few more. Highest open interest on call side at 40000 (Shifted up from 39500 to 40000) Highest open interest on put side at 38000 (Remained at same level) Federal Bank denied reports of a likely merger with Kotak Bank (slightly negative for BN ). SBI 2700 Crores received dues from Vodafone ahead their planned schedule. I don't trade or recommend Vodafone Idea stock but this news is certainly positive for SBI & therefore Bank Nifty Shall we continue look for sell on rise opportunities near major resistance levels with strict SL? Or Shall we look for buy on dips opportunities near major support levels till it is trading in a range? Please do share your comments. Have a very happy, healthy & profitable day ahead!
NSE:NIFTYLong
by manishmgupta