Niftyoutlook
Pin Point Prediction Of Nifty For 2-12-22Hello Traders,
This post shows the marking levels prediction done for this day trading . The accuracy you can yourself feel in form of price action. Now what is going to happen tomorrow that I discussed in detail for making your trading easy, can check below.
Yogesh Vats
Pin Point Predictions Of Nifty For 1-12-22Hello Traders,
This post was created yesterday with complete predictions in form of marking and trade idea. You can see the accuracy of marking . If want to more in detail about tomorrow trade direction and set up then can check below. My bit is to make your trading easy.
Yogesh Vats
Pin Point predictions Of Nifty For 30-11-22Hello traders,
This post shows the marking Prediction done for today's trading. You can see price reacted on the se marked levels. For detailed analysis to understand with my prediction for tomorrow , can check it below. This will definitely make your trading easy.
Nifty Key Levels and Zones For Intraday [28th Nov 2022]Long opportunity above 18535 or 18450
Shorting opportunity below 18520 for the risky traders as Nifty is extremely for the time being. Keep tight stop loss
Strong buying zone is at around 18400.
Look for price rejection like Hammer or Shooting Star near the support and resistance area and then enter into a trade.
View is for intraday only
Nifty Levels & Strategy for 25/Nov/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 continued it's journey in forward direction & now looking all set for making new lifetime high. Nifty started action with gap-up , mild profit booking, breakout above open price, consolidation through out the day & finally break-out above 18400. Bulls have clearly dominated the show. Volatility is quite low. US Dollar Index has corrected significantly. Brent crude is trading around $85 which is quite good for India. All factors are positive. We have seen significantly rally from lower levels. Is it really a bear market rally?????
New longs in ATM/OTM/ITM calls & Put writing in all types is clearly indicating strength towards long side. Today option buyers who waited patiently for breakout or breakdown opportunity were rewarded. Retail traders need wait patiently for good quality setup & simply replicate profit making trades again & again. Retail traders should continue to trade with caution near new lifetime high, buy on dips with hedge & book limited profit at higher level or loss at lower level. Please find below scorecard, PCR update & options statistics for your reference:
NIFTY SCORECARD DATED 24/NOV/2022
NIFTY IS UP BY 217 POINTS
Name Price Previous Day Change % Change
Nifty 18484 18267 216.85 1.19%
India VIX 13.48 14.04 -0.56 -4.02%
OPTION STATISTICS BASED ON 01/DEC/2022 EXPIRY DATA
Max OI (Calls) 18300 (Open Interest: 3969050, CE LTP: 272)
Max OI (Puts) 18300 (Open Interest: 6962750, PE LTP: 32.75)
PCR 1.28 (PCR is in buying Zone)
Nifty Calls:
ATM: Long Buildup, OTM:Long Buildup, ITM:Long Buildup, FAR OTM:Short Buildup
Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
Nifty Kel Levels and Zones For Intraday [25th Nov 2022]Nifty today runs a lot. What an expiry!
For tomorrow, Nifty may pause and take support near 18440, and 18400. Buy on dips strategy must be adopted as the short-term trend is bullish.
Strong support is at around 18330 labels.
A break of 18300 will signify a trend reversal. So, Nifty will remain bullish above 18300.
The view is entirely for scalping or intraday trading only.
Nifty Levels & Strategy for 23/Nov/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 continued to trade in small range. Big players have significantly reduced their long as well as short positions. F&O action - new longs & short covering in calls & put writing (ATM/OTM) is indicating mild strength in Nifty . Overall, Bulls Vs Bears positions with positive bias are pretty much balanced with highest OI in CE (18300) & PE (18200). However, we should continue to book profit at higher level.
Please find below scorecard, PCR update & options statistics for your reference:
NIFTY SCORECARD DATED 22/NOV/2022
NIFTY IS UP BY 84 POINTS
Name Price Previous Day Change % Change
Nifty 18244 18160 84.25 0.46%
India VIX 13.84 14.80 -0.95 -6.45%
OPTION STATISTICS BASED ON 24/NOV/2022 EXPIRY DATA
Max OI (Calls) 18300 (Open Interest: 10665950, CE LTP: 52.55)
Max OI (Puts) 18200 (Open Interest: 9299850, PE LTP: 27.55)
PCR 0.86 (PCR is in bearish zone)
Nifty Calls:
ATM: Long Buildup, OTM:Long Liquidation, ITM:Short Covering, FAR OTM:Long Liquidation
Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Long Liquidation, FAR OTM:Long Liquidation
Nifty Outlook 21st November to 25th November 2022Market Outlook :
Market gave a good close on Friday after testing the support around 18029 levels. The close above 18300 is an indication of good strength. Mid-Cap and Small-Cap stocks are staring to looks oversold and might start to form bottom in a week or Two. Nifty has formed a perfect ‘Doji’ candle showing indecisiveness and can break out on either side.
Nifty will be very bullish and go towards All time high above the levels of 18446. Nifty can also break down and search for more supports below 18205 levels.
Important Resistances : 18446 and 18604.
Important Supports : 18205 and 17969.
Nifty Levels & Strategy for 16/Nov/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 slowly & firmly inching towards new lifetime high after decent consolidation. Today short covering in ATM & mild buying lifted the Nifty beyond 18400 plus level. Nifty is trading with positive bias. However, retail traders should continue to book profit near 52W high level and stay light & look for good quality trade setup.
Shall we look for buy on dips opportunities near major support levels?????? Yes, I think so till the trend is positive. Please find below scorecard & options statistics.
NIFTY SCORECARD DATED 15/NOV/2022
NIFTY IS UP BY 74 POINTS
Name Price Previous Day Change % Change
Nifty 18403 18329 74.25 0.41%
India VIX 14.64 14.91 -0.27 -1.84%
OPTION STATISTICS BASED ON 17/NOV/2022 EXPIRY DATA
Max OI (Calls) 19000 (Open Interest: 7339350, CE LTP: 0.9)
Max OI (Puts) 18300 (Open Interest: 8316150, PE LTP: 24)
PCR 1.15 (PCR is in buying Zone)
Nifty Calls:
ATM: Short Covering, OTM:Short Buildup, ITM:Short Covering, FAR OTM:Long Liquidation
Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Long Liquidation, FAR OTM:Short Buildup
NIFTY FOR TOMMOROW - 03-Nov- 2022Nifty closed at 18082.
Opens Gap up
Open high almost the same
Closed near day's low
Formed Dark Cloud Cover Candle.
Daily chart support @ 17940 -17950
Immediate support @ 18060-18070
Intraday resistance for tomorrow @ 18100-18080
What's for tomorrow
Opening below or resisting 18100-18090 , nifty can move towards 17960-17940
Nifty Weekly ChartA trendline from the last year's 2021 October highs is where Nifty is facing resistance right now.
Once this is crossed then the immediate resistance will be recent highs which is at 18100.
If it couldn't sustain then Nifty might see 16300 again.
This week's closing candle can give us a clear picture of the upcoming Nifty move.
Watch out for upcoming moves.
NSE:NIFTY
Index @ a crucial level #Nifty - Last Friday Nifty broke out from the trendline but open with a gap and failed to hold at higher levels. Today its preparing to open near support of 17070.
If the index took support @ 17k range and bounced then it can be considered as retes. Levels on highers side - 17160, 17270, 17350 & 17420
On down side Supports - 17070, 16950, 16775
#Note - The idea is shared for educational purpose and not a trade recommendation, Please trade after consulting your trade advisor. We don't give any assurance of profit or loss.
Nifty daily analysis for 12/10/22Nifty on the daily time frame has formed a bearish engulfing candle. The markets opened flat and remained for selling whole day.
Nifty tried to recover after the initial fall but in the second half huge sell off was there.
On the hourly time frame, nifty took resistance from the 20 ema and a nice sell candle can be seen in the closing hour of the market.
In the first 15 minute candle, the market broke its 20 and 200 ema and took resistance from the levels. A bearish moving average cross over is also there.
The market has closed below the support level of 17k and another red candle can be there, if the market has decided its trend.
Support :- 16920, 16840,16750
Resistance:- 16990-17000, 17065, 17170
The market has clearly give an engulfing candle and as per the technicals it can be a signal of a bearish market.
Wait for the price action near the levels before entering the markets. Watch for the trend to continue for a swing/positional trades.
Nifty Levels & Strategy for 10/Oct/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 almost flat (-17 points) in red zone. FIIs as well as DIIs have added plenty of bearish positions in F&O. US market closed in red. Dow Jones (-630), Nasdaq (-446). We are all set for the gap-down on Monday. Global cues & overall trend has turned negative. Is sell on rise going to be better strategy for Monday trades with strict SL? Yes, I think so, What do your thoughts?
NIFTY SCORECARD DATED 07/OCT/2022
NIFTY IS DOWN BY -17 POINTS
Name Price Previous Day Change % Change
Nifty 17315 17332 -17.15 -0.10%
India VIX 18.81 19.32 -0.50 -2.60%
OPTION STATISTICS BASED ON 13/OCT/2022 EXPIRY DATA
Max OI (Calls) 18000 (Open Interest: 7713450, CE LTP: 2.45)
Max OI (Puts) 17000 (Open Interest: 4349600, PE LTP: 39.85)
PCR 0.77 (PCR is in bearish zone)
Nifty Calls:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Long Buildup, FAR OTM:Short Buildup
Please do share your comments. Let us work & win together. Have a very happy, healthy & profitable day ahead!