Niftyprediction
#NIFTY Intraday Support and Resistance Levels -30/07/2024Nifty will be gap down opening in today's session. After opening nifty start trading Below 24810 level and then possible downside rally up to 24690 in today's session. in case nifty trades Above 24860 level then the upside target can go up to the 24980 level.
NIFTY INTRADAY LEVELS FOR 30/07/2024BUY ABOVE - 24860
SL - 24780
TARGETS - 24930,25000,25080
SELL BELOW - 24780
SL - 24930
TARGETS - 24930,25000,25080
NO TRADE ZONE - 24780 to 24860
Previous Day High - 25000
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 👍
Nifty Analysis for Monday 29 july 2024Nifty created sharp upside momentum in last 2 days, it's ultimate goal is 25000.
So I am providing highest probability intraday setup in Nifty50
My overview is bullish in nifty for Monday... it will good if Market opens gapdown or flat & creates a selling swing in first 30-45 mins then after creating a support price will bounce.
If Market opens gapup or flat and moves upside in first 30-45 min. then there is a very less probability of continuation so if Market creates M pattern then selling swing will be expected and intraday low break is min. expected.
NIFTY INTRADAY LEVELS FOR 29TH JULY 2024BUY ABOVE - 24860
SL - 24780
TARGETS - 24930,25000,25080
SELL BELOW - 24780
SL - 24930
TARGETS - 24930,25000,25080
NO TRADE ZONE - 24780 to 24860
Previous Day High - 24860
Previous Day Low - 24440
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 On Upside On Daily ChartThis is the daily timeframe chart of Nifty where Nifty50, and Indian index stayed in consolidation for almost and month, and now, after the breakout, it is ready to balloon as the recent candle (at the time of publishing this idea has formed a full strong green candle which indicates a positive momentum in the index.
However, any rally without corrections seems to be unhealthy as the market might not digest the rally and calm down such movement.
NIFTY Pre - Budget Surge : Caution Ahead...!Hello Traders,
I hope you are all thriving both in your trading endeavors and in life. Today, I bring you an exciting opportunity with a new analysis of NIFTY that's poised for a significant move. Our in-depth analysis reveals that...
NSE:NIFTY
As anticipated and previously mentioned, the past week ended on a negative note (pre-Budget). This week holds the potential for new highs. However, caution is advised, as this will likely be the final move in the sequence that began on October 23, 2023. It is prudent to brace for an impending correction.
Here are the technical details:
I. Resistance I: 24,854.80 ~ 24,910 (conj. Extended trend line from March 20, 2023)
II. Resistance II: 25,120 (Extended trend line from June 1, 2022)
III. Resistance III: 25,460 (Extended trend line from January 24,2024).
***Please note that these values are not actual but indicative levels of support and resistance.
A Gann ideology is that , the move from October 26, 2023 is also facing a time resistance of 270 days (90*3) which is an important number not to consider it lightly.
Furthermore, for the move from March 20, 2023 it is 490 days (360+90+45 or 135) which is also an additional reason factored in to be more cautious!
Following this, the market is expected to take a breather, with profit booking potentially dragging the markets to deeper levels before any new uptrend is initiated (The correction in monthly scale can be anticipated). Further details will be discussed as the market evolves.
Strategy:
Being bullish at this juncture seems prudent, only till R II (for conservative / Defensive) & RIII (for Pro-active / Enterprising).
Disclaimer: Before we conclude, I want to remind everyone that the insights shared here are based on my own analysis. It's crucial that you perform your own research and, if necessary, consult with a financial advisor before making any trading decisions. The financial markets are dynamic, and it's important to ensure that your strategies align with your personal financial goals and risk tolerance.
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Dear Traders,
If you appreciate my work, please don’t forget to like and follow me. I would also love to hear your thoughts on this idea in the comments section and will be delighted to respond to each one.
Thank you for reading the article.
HAPPY TRADING
NIFTY INTRADAY LEVELS FOR 26TH JULY 2024BUY ABOVE - 24440
SL - 24360
TARGETS - 24530,24530,24590
SELL BELOW - 24360
SL - 24440
TARGETS - 24310,24230,24160
NO TRADE ZONE - 24360 to 24440
Previous Day High - 24440
Previous Day Low - 24230
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 LEVELS FOR 25 JULY 2024BUY ABOVE - 24480
SL - 24440
TARGETS - 24530,24590,24660
SELL BELOW - 24400
SL - 24440
TARGETS - 24310,24230,24160
NO TRADE ZONE - 24400 to 24480
Previous Day High - 24480
Previous Day Low - 24310
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 - high are placed? what's next??#NIFTY.. well as you can see guys everytime market make a channel and then broke and place another high. and now gain market were trade in a channel and then boke it.
now we have 24060 at downside and upside we have 24600 around.
so now keep close it market hold 24600 then drop expected and downside areas are mentioned on chart.
good luck
trade wisely
Tale of 2 cities. Unseeing this would be difficult once you see this. The rage that I have drawn here is an exact 3000 point expansion in Nifty spot and Nifty Fut. Both are trading in the top quadrant. 100% and 50 % and both curiously the same: 24841 and 24100.
I am not taking sides. If it breaks lower, it could test 24100 again.
If not, it could either consolidate in the upper quadrant OR break higher.
The run up to the budget had huge expectation of Capex in infra, railways, shipbuilding and fertilizer stocks. We need to see how they fare tomorrow. I am not sure what the industry expectations were.
I will watch out for these levels to take trades.
One Key parameter I follow is advance decline ration. That has improved to 962:1374 today.
Should I look UP? I don't know
Should I look down? I really don't know.
The 2 cities to watch out for are 24841 and 24100.
NIFTY INTRADAY LEVELS FOR 24/07/2024BUY ABOVE - 24530
SL - 24480
TARGETS - 24590,24660,24730
SELL BELOW - 24440
SL - 24480
TARGETS - 24400,24350,24230
NO TRADE ZONE - 24440 to 24530
Previous Day High - 24590
Previous Day Low - 24070
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 BUDGET DAY ANALYSIS 23/07/2024BUY ABOVE - 24530
SL - 24480
TARGETS - 24590,24660,24730
SELL BELOW - 24480
SL - 24530
TARGETS - 24440,24400,24350
NO TRADE ZONE - 24480 to 24530
Previous Day High - 24590
Previous Day Low - 24350
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 LEVELS FOR 22/07/2024BUY ABOVE - 24590
SL - 24530
TARGETS - 24660,24730,24780
SELL BELOW - 24490
SL - 24530
TARGETS - 24440,24400,24350
NO TRADE ZONE - 24490 to 24590
Previous Day High - 24830
Previous Day Low - 24490
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 and Bank Nifty analysis for Monday, 22nd JulyNifty prediction for tomorrow, Monday, 22nd July
Bank Nifty Prediction for tomorrow, Monday, 22nd July
Nifty analysis for tomorrow, Monday, 22nd July
Bank Nifty analysis for for tomorrow, Monday, 22nd July
#nifty #niftyprediction #niftyanalysis #banknifty #bankniftyprediction #bankniftytomorrow
HINDUSTAN UNILEVER : Updated Price ActionHere are some pointers to keep in mind:
- One year-long consolidation.
- Clearly defined support and resistance.
- 6 Week consolidation at the resistance zone makes the resistance weak
- Recent breakout was prevented with a long upper wick. A.K.A Sellers present.
- Margin of Safety is a mere 6% ( CMP vs ATH)
- There is no clear winner yet as the signals are mixed.
- A break of the consolidation range may lead to zone-to-zone momentum
What is your take on it? Feel free to comment. If it helped, Do Leave us a boost 🚀
Disclaimer: We are not registered advisors. The views expressed here are solely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. We like everybody else, have the right to be wrong :)
#Nifty50, S&P500 analysis for upcoming week 22-26th July 2024#Nifty50 ended the week flat, hovering within the predicted 25000-23950 range. Buckle up, because next week's Union Budget on July 23rd promises high volatility. Expect a wider trading range of 25250-23800. A breakout from these levels could ignite significant price movement.
Remember my July 6th blog post? It highlighted Nifty's historical correction trend around late July/early August. This year could be no different, offering a potential discount window for savvy investors to enter their favorite stocks at attractive prices. Stay prepared!
Meanwhile, the #S&P500 failed to breach a crucial resistance level (5638) and dipped 3% from its high. If it breaks below this week's low (5509), support levels at 5430/5368/5293 could be tested. A decline in the S&P 500 could also exert pressure on the Indian market.