Get started

Niftyintradaylevels

Nifty Prediction for Tomorrow 5th October 2023Nifty opens with a down gap at 19446 vs. the previous close at 19528, approx 80 points lower. Lost another 50 points post opening in the first hour and tested immediate support at 19392. Took or you say tried to hold the support in the next hour though couldn't sustain in the following trading hours and fell further until the next support at 19331. Then again recovered from the support and closed near its open price i.e. 19436, forming a doji candle at the support zone of 19392-19331 Rsi is trailing at 40.15 levels. Rsi and price both closed at support, suggesting some bounce in price tomorrow and we might see a gap-up opening tomorrow around immediate resistance approx 100 points higher. Tomorrow can be a volatile day. The gap created today would act as an immediate resistance. Immediate Resistance: 19544- 19550
NSE:NIFTY
by manuagarwal21
Bearish NIFTY Analysis Options 04 OCTNIFTY is showing Bearishness. by looking at the data we can say it's going to be bearish for this week. also intrest rates in US is also going to effect the market. because of the FII starts pulling their money form INDIAN market. Reason : NIFTY is down to the bearish line ZOne. RSI showing very low Value means buyers are not trustung the market. PCR 0.65 shows huge Bearishness Verdict: MArket is bearish Plan of Action : SELL 19350 PE + BUY 19400 PE
NSE:NIFTYShort
by finnova_
Nifty prediction for tomorrow 3rd OCT 23as we discussed in our last posts that NIFTY might be taking support from this level. But will not go direct bullish from here as 200 EMA, VWAP is acting as high resistance zone for nifty. For tomorrow it seems to have a sideways moment Reasons : We are having a nice support Zone to downside at 19500, and resistance at 19750. RSI is in Range 40-60 which is mostly Sideways. PCR = 0.81 (Mild bullish) Price < EMAs (Bearish) Accumalation phase is going on. Heavy CE writing at 19800 and PE writing at 19600. But more suupport at 19600. if above side 19800 is broken then we can say bulls will be in power. Verdict: Sideways until get a nice breakout of level 19750. Plan of action: Play Neutral trade until Breakout. after breakout add CE.
NSE:NIFTY
by finnova_
NSE:NIFTY Analysis/Prediction for tomorrow 03-10-2023NIFTY Analysis/Prediction for tomorrow If price opens between 19580 -19730 🟢 Buy CE Above 19740 ✔️ Target Should be 19850 🔴 Buy PE below 19575 trade in less qty you can increase qty after 19450 ✔️ Target Should be 19250 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
Nifty prediction today. Will nifty fall more?After the expiry huge selling it indicates quite the bearish trend in the market. If we see 1-D TF chart its bearish engulfing candle, as its in middle of the trend it's not that powerful. Market might go more bearish as its sitting on Price Action support level. FII perform heavy selling signs bearishness too. and also at the same time having multiple resistance on the above side. So, overall seems bearish. Reasons : Multiple resistances above such as VWAP, 50 EMA, 200 EMA 100 EMA. (Bearish) Price < EMAs (Bearish) Heavy CE writing on above levels, its starting of the week can say much about bearish or bullish because of it. PCR = 0.71 (Neutral) RSI Bullish divergence. Verdict : Seems Bearish Based on Data Plan of action : Check market intital 15 min trend and place your trade accordendly.
NSE:NIFTYShort
by finnova_
NIFTY--Exhaustion Or Initiation??The Nifty index also same.... as Bank Nifty Price is exactly closed at strong support... .19500 level. .. Previously multiple times rejection to the topside is observed at this level... Now the same level rejects the price downwards.....its bullish again. If sellers exhausted today, tomorrow price is bullish... If this is an Initiation of sellers again price is bearish...but already price is in premium zone... if this is a continuation of down move...will look for buy @discount. careful before enters in short... Note:: Please check this post before reading the above description.
NSE:NIFTY
by IIT-Trader
5