NIFTY INTRADAY LEVELS FOR 04 SEP 2024BUY ABOVE - 25320
SL - 25240
TARGETS - 25400,25470,25530
SELL BELOW - 25240
SL - 25320
TARGETS - 25200,25180,25080
NO TRADE ZONE - 25240 to 25320
Previous Day High - 25320
Previous Day Low - 25240
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
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Niftyprediction
#NIFTY Intraday Support and Resistance Levels - 03/09/2024Today will be slightly gap up opening expected in nifty. After opening expected upside rally upto 25400+ level. In case nifty starts trading below 25200 then downside fall expected upto 25000 level. Strong bullish rally possible once nifty starts trading above 25450+ level.
NIFTY INTRADAY LEVELS FOR 03 SEP 2024BUY ABOVE - 25320
SL - 25260
TARGETS - 25400,25470,25530
SELL BELOW - 25260
SL - 25320
TARGETS - 25300,25130,25080
NO TRADE ZONE - 25260 to 25320
Previous Day High - 25320
Previous Day Low - 25260
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NMDC Downside Target 220, 210, 200NMDC may see a decline in the upcoming few sessions, the stock is currently in a downtrend and has been rejected by a strong resistance on the daily chart where an inverted hammer candle has formed indicating weakness in the stock. 220 is a strong support in the stock, if the stock breaks this support, then the stock can also see 210 to 200 levels.
Nifty 50 - MovementNifty 50 NSE:NIFTY Movement that am mentioning here is for Educational Purpose so that you can be prepared.
As far as i have expedited this will continue until 25,390 and there should be Retracement. i.e, it will move the 1 % and there is less chance to move 1.618% which is 26,320 without a Retracement.
Let's wait and see how this goes!
#NIFTY Intraday Support and Resistance Levels - 02/09/2024Gap up opening in nifty. Expected opening near 25400 level. After opening if nifty starts trading above 25450 level then possible strong upside rally upto 25600+ level in today's session. 25400 level will act as a resistance for today's session. Expected some correction from this level. Downside 25250 level will strong support for nifty.
NIFTY INTRADAY LEVELS FOR 02 SEP 2024BUY ABOVE - 25260
SL - 25200
TARGETS - 25320,25400,25470
SELL BELOW - 25200
SL - 25260
TARGETS - 25130,25080,25030
NO TRADE ZONE - 25200 to 25260
Previous Day High - 25260
Previous Day Low - 25200
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Nifty50 analysis for next week 2nd Sept-6th Sept 2024#Nifty surged to a new all-time high of 25236 this week, gaining nearly 400 points from the previous week's close. As predicted, the market remained within the 25500-24200 range.
For the coming week, I anticipate Nifty to trade between 25850 and 24600 . A break above or below these levels could trigger significant price movements. If Nifty can sustain above 25300, it might reach 25400, 25568, 25650, or even 25809 (a crucial resistance level).
While the weekly RSI is showing signs of a bearish M pattern, I believe Nifty needs to reach 25500 or 25800 before a significant decline. Overall, for coming week market remains bullish.
The S&P 500 closed just above the important Fibonacci level of 5637. A break above 5670 could lead to gains towards 5700, 5806, or even 6142, which would likely benefit Indian markets. However, a breakdown below 5550 could trigger a sell-off, with potential support levels at 5486, 5373, and 5180. Such a scenario would have negative implications for global markets, including India.
NIFTY INTRADAY LEVELS FOR 30 AUG 2024BUY ABOVE - 25200
SL - 25130
TARGETS - 25260,25320,25400
SELL BELOW - 25130
SL - 25200
TARGETS - 25080,25030,24970
NO TRADE ZONE - 25130 to 25200
Previous Day High - 25200
Previous Day Low - 24970
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Nifty Positional Trading PlanThe market continued to consolidate while maintaining its upward momentum
for the ninth consecutive session and hit a new Nifty 50 closing high on 28th August.
The rise of 0. 14 per cent to 25,052 points formed a doji like
candlestick pattern indicating consolidation and indecision among buyers and
sellers on future market trends. US stock markets fell across the board
overnight and Asia opened today with a correction, creating instability in the domestic market. The bulls may weaken after consecutive rallies and the
market is expected to remain consolidated on the monthly F&O expiry date.
Important resistance above is at 25, 100 pips,
while short-term key support
appears at 24,950 pips, at 5-day EMA level.
Nifty Options
For call option data, the highest number of open positions is at 25,500 strike, which can act as a key
resistance level for Nifty in the short term. In put options, the highest number of open positions is at
25,000 strike, which can act as a key support level for Nifty.
August F&O expires and can be shifted to September F&O to open new positions. Longs have shown weakness and remain short for the next few
sessions, today one can focus on NIFTY SEP 24500 PE and enter new position at 135-150 with scheduled profit of 15%.
#NIFTY Intraday Support and Resistance Levels - 29/08/2024Today will be flat opening expected in nifty. Possible nifty will open near 25050 level. After opening strong bullish rally only expected above 25100 level. Downside rally possible if nifty starts trading below 25000 level. 25000-25100 will act as a consolidation zone for today's session.
NIFTY INTRADAY ANALYSIS FOR 29/08/2024BUY ABOVE - 25080
SL - 25030
TARGETS - 25130,25200,25260
SELL BELOW - 25030
SL - 25080
TARGETS - 24970,24900,24850
NO TRADE ZONE - 25030 to 25080
Previous Day High - 25130
Previous Day Low - 24970
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
#NIFTY Intraday Support and Resistance Levels - 28/08/2024🔔 Nifty Update for Today:
📊 Expected Opening:
Opening Outlook: Flat
📈 Consolidation Zone:
Range: 25000 - 25050
Nifty is expected to open flat today, trading within a consolidation zone between 25000 and 25050.
📈 Potential Upside Movement:
Upside Target: 25250+
Condition: If Nifty starts trading and sustains above 25050
If Nifty breaks above 25050 and sustains that level, an upside rally could push the index towards 25250+ in today’s session.
📉 Downside Risk:
Condition: If Nifty starts trading below 25000
Any significant downside is likely only if Nifty starts trading below 25000.
NIFTY INTRADAY LEVELS FOR 28/08/2024BUY ABOVE - 25030
SL - 24970
TARGETS - 25080,25160,25240
SELL BELOW - 24970
SL - 25030
TARGETS - 24900,24850,24780
NO TRADE ZONE - 24970 to 25030
Previous Day High - 25080
Previous Day Low - 24970
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Nifty anlaysis for tomorrow 28 july 2024 (Nifty Intraday Setup)Today After breaking previous day high nifty consolidated from 12 pm to 2 pm and failed to sustain at higher level.
And Nifty closed with a selling swing today.
So for tomorrow if with opening market created a selling swing then a bounce will be expected and day high break or price near high will be expected. Look for W pattern on 5 min.
(SELLING SHOULD NOT BE VERY SHARP AND BIG).
And
If Price move upside and take rejection below todays high & created a lower High (M Pattern on 5 mins.) then intraday low break will be expected.
#NIFTY Intraday Support and Resistance Levels - 27/08/2024🔔 Nifty Update for Today:
📊 Expected Flat Opening:
Opening Range: Between 25000 and 25050
📈 Potential Upside Movement:
Upside Target: 200+ points from 25050
Nifty is expected to open flat within the 25000 to 25050 range. If the index starts trading above 25050 after the opening, a strong upside rally of 200+ points could be possible in today’s session.
📉 Downside Risk:
Major Downside: Only expected if the index falls below 25000
NIFTY INTRADAY LEVELS FOR 27/08/2024BUY ABOVE - 25030
SL - 24970
TARGETS - 25080,25160,25240
SELL BELOW - 24970
SL - 25030
TARGETS - 24900,24850,24780
NO TRADE ZONE - 24970 to 25030
Previous Day High - 25030
Previous Day Low - 24850
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
#NIFTY Intraday Support and Resistance Levels - 26/08/2024🔔 Nifty Update for Today:
📈 Expected Gap Up Opening:
Opening Level: Near 24900
Primary Upside Target: 25050
In today’s session, Nifty is expected to open near the 24900 level. If the index sustains above this level after the opening, we could see a strong upside rally, potentially reaching up to 25050.
📉 Watch for Downside Risks:
Critical Support Level: 24850
Major Downside: Only expected if the index falls below 24850 during today’s session.
NIFTY INTRADAY LEVELS FOR 26/08/2024BUY ABOVE - 24850
SL - 24780
TARGETS - 24900,24960,25020
SELL BELOW - 24780
SL - 24850
TARGETS - 24740,24700,24660
NO TRADE ZONE - 24780 to 24850
Previous Day High - 24850
Previous Day Low - 24780
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
#nifty50 analysis for next week 26-30th Aug 2024Nifty surged nearly 300 points last week, closing at 24,823. It reached a high of 24,867 and a low of 24,522. As predicted, Nifty remained within its 25,200-23,900 range.
For the coming week, I anticipate a Nifty range of 25,500 to 24,200. Breaking these levels could trigger significant market movements. If Nifty closes above the strong resistance of 24,860 this week, it could pave the way for levels like 25,500 and 25,800 in the near future. However, Monday's opening is crucial. If it equals the daily high or reaches 24,825, bearish sentiment might return, potentially leading to support levels at 24,625, 24,486, 24,346, and 24,200 being tested.
Meanwhile, the S&P 500 closed at 5,634, up 70 points from the previous week. Interestingly, it closed right at the important Fibonacci level of 5,637. If it can close above this level for two consecutive days, the path to 5,700, 5,806, and even 6,142 could be open, potentially benefiting Indian markets as well.