NIFTY INTRADAY LEVELS FOR 19 JULY 2024BUY ABOVE - 24830
SL - 24780
TARGETS - 24900,24960,25030
SELL BELOW - 24730
SL - 24780
TARGETS - 24660,24580,24530
NO TRADE ZONE - 24730 to 24830
Previous Day High - 24830
Previous Day Low - 24530
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 analysis and trade plan for tomorrow, Friday, 19th JulyIn daily time frame Nifty is in an uptrend, and may expect a continuation in the same trend, and we may enter into bullish trade after Nifty crossing 24840 level. 24910, 24017 and 25159 will be the resistance levels. Reversal is possible form 25017 and 25159 level, and may plan for bearish trades at those levels, with a price action only.
Will go for bearish trade only below 24672 level, with initial target at 24578, 24508 and 24416 level. Reversal is possible from 24578 and 24508 levels, with price action in 5 minute time frame, may plan for bullish trade.
*This analysis is most effective up to 12:30/1 PM tomorrow*
*Personal opinion, not a trade advice*
*Support and resistance levels are based on Fibonacci*
TATA STEEL: SYMMETRIC TRIANGLE- The chart is pretty self-explanatory
- The price tests a 2 year old resistance trendline
- The formation is one beautiful symmetric triangle that can have either outcome
- The consolidation has been solid so far. This means The momentum may be really good.
- The PE ratio is stagnant with the price
- Do check out our take on JSW Steel in the suggested ideas below.
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 :)
NIFTY INTRADAY ANALYSIS FOR 18 JULY 2024BUY ABOVE - 24660
SL - 24580
TARGETS - 24730,24800,24860
SELL BELOW - 24580
SL - 24660
TARGETS - 24530,24490,24440
NO TRADE ZONE - 24580 to 24660
Previous Day High - 24660
Previous Day Low - 24580
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 👍
19 July NiftyAs per today's market sentiment the next trading sessions may be open flat to bearish so according to today's market we would plan according to open.
According to this chart in green territory we will go for long from bottom top and in red territory we will go for short from talk to bottom.
NIFTY - Correction ahead of BudgetAt this juncture, nifty is expected to correct to the mentioned levels & to continue its rally towards 25,000 ~ 25,400 levels before any monthly correction can happen. The correction will be progressing through various barriers of supports(FIBONACCI & T.lines).
SI - 24,162
SII - 24,010
SIII - 23,881 ~ 23,855 levels (V.imp support coincidence of .5% & mid T.line)
The strategy is to take short today after testing the previous High @ 24,401 (the move might start today or 2 days later, Tentative)
Trade Accordingly
All roads lead to Rome Every timeframe in Nifty is for the time being pointing North. But this time with a lot more caution. 24500, 24550 and even 24600 PUTs were added aggressively today. This is the area where we should exercise caution. A covering from the 24600 writers could turn the heat on the writers at the lower strikes.
Trade plan would be to wait for a deep retracement to buy calls and ride back till ATH.
NIFTY INTRADAY ANALYSIS FOR 16/07/2024BUY ABOVE - 24630
SL - 24580
TARGETS - 24700,24760,24830
SELL BELOW - 24530
SL - 24580
TARGETS - 24490,24440,24400
NO TRADE ZONE - 24530 to 24630
Previous Day High - 24630
Previous Day Low - 24530
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 ANALYSIS FOR 15 JULY 2024BUY ABOVE - 24580
SL - 24490
TARGETS - 24650,24720,24800
SELL BELOW - 24490
SL - 24580
TARGETS - 24440,24400,24350
NO TRADE ZONE - 24490 to 24580
Previous Day High - 24580
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 👍
25000 OR 24000?Nifty seems to have broken new grounds and that gives it a reason to not fall. Now all it needs is a reason to fly and that could be the budget. Heading into the budget week, immediate target will be ATH, that seems an easy one and the next 25000. If for any reason, of which I am unaware of at present, the index comes back into the lower range, 24000 will be out cushion.
NIFTY INTRADAY LEVELS FOR 12/07/2024BUY ABOVE - 24350
SL - 24300
TARGETS - 24400,24450,24500
SELL BELOW - 24300
SL - 24350
TARGETS - 24230,24160,24060
NO TRADE ZONE - 24300 to 24350
Previous Day High - 24400
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 11/07/2024BUY ABOVE - 24350
SL - 24300
TARGETS - 24440,24500,24570
SELL BELOW - 24300
SL - 24350
TARGETS - 24230,24160,24060
NO TRADE ZONE - 24300 to 24350
Previous Day High - 24440
Previous Day Low - 24160
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 (11-Jul-2024)The image you provided is a TradingView screenshot showing a 15-minute candlestick chart of the Nifty 50 index from July 9 to July 11. This chart features several technical details:
Date and Time: The chart includes timestamps, helping to track price movements throughout the trading days depicted.
Exponential Moving Average (EMA): A 20-period EMA is plotted, which helps in determining the trend and potential support or resistance areas.
Trading Signals:
-Buy Signal: There's a green arrow pointing upwards with the annotation "Buy Above 24375 Tgt Open for 24500+". This indicates a potential bullish breakout strategy where buying is recommended above 24,375 with an open target extending towards 24,500 or beyond.
-Sell Signal: A red arrow points downwards with the annotation "Sell Below 24250 Tgt 24000-". This suggests a bearish strategy recommending selling below 24,250 aiming for a target around 24,000.
NIFTY INTRADAY LEVELS FOR 10 JULY 2024BUY ABOVE - 24440
SL - 24400
TARGETS - 24500,24570,24650
SELL BELOW - 24400
SL - 24440
TARGETS - 24350,24300,24230
NO TRADE ZONE - 24400 to 24440
Previous Day High - 24440
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 (10-Jul-2024)The image displays a chart for the Nifty 50 index from the National Stock Exchange of India, showing intraday movements on a 15-minute time frame. The chart includes details such as:
Date and Time: Published on July 9, 2024, at 18:55 IST.
Index Information: The Nifty 50 Index is shown at various prices, with the current price being 24,417.25, down by 16.80 points.
Technical Analysis: There's a 20-period Exponential Moving Average (EMA) indicated at 24,401.59.
Trading Recommendations:
-Buy Signal: A green arrow points upwards with a note to "Buy Above 24450" targeting an open position above 24,550.
-Sell Signal: A red arrow points downwards suggesting to "Sell Below 24375" with a target (Tgt) of 24,275 or lower.
#NIFTY Intraday Support and Resistance Levels -09/07/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 24350 level and then possible upside rally up to 24470 level in today's session. in case nifty trades below 24310 level then the downside target can go up to the 24190 level.
NIFTY INTRADAY LEVELS FOR 09/07/2024BUY ABOVE - 24350
SL - 24300
TARGETS - 24400,24480,24550
SELL BELOW - 24300
SL - 24350
TARGETS - 24230,24160,24060
NO TRADE ZONE - 24300 to 24350
Previous Day High - 24350
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 (09-Jul-2024)Description:
Explore intraday trading analysis for Nifty 50. We've identified critical buy and sell levels based on the latest candlestick patterns and EMA trends.
Buy Signal: Consider a long position if Nifty 50 rises above 24,350, with an open target of 24,450+. This move suggests bullish momentum could extend further, offering a potential profit opportunity.
Sell Signal: A short position is advisable if the index drops below 24,265, targeting 24,150-. This setup is based on recent resistance and the potential for downward continuation.
Chart Details:
-Time Frame: 15 minutes
-Indicator: 20-period Exponential Moving Average (EMA)
Trading Strategy:
The strategy utilizes precise entry and exit points to capitalize on short-term price movements. Risk management through stop-loss orders at strategic levels is recommended to minimize potential losses.