NIFTY will reach 21378 by end of April 2025!nifty.....
is in 4th wave....
since wave 2 was shallow and only 38.2%, wave 4 will be deep and 61.6% as per alternation principle...
61.8% comes to 21378....
we can expect a fib. correlation between price and time...
since wave 4 ends at 61.8% by price, it will also end at 61.8% by time...
61.8% by time comes on 25th April 2025.
4th wave is also an 1.272 ab=cd pattern which end st 21288 which also more or less lines up with the 61.8% level......
as per above we can expect nifty down move to stop in the zone 21288-20378...
i have also drawn a channel, the bottom of which exactly lines up with our target...
make no mistake.... we have a good 1600/1700 points fall in nifty..
Niftyprediction
NIFTY 13th Feb 2025 Above the yellow zone → Bullish momentum is likely, meaning the price may rise toward the red resistance zones.
Below the yellow zone → Bears might take control, pushing the price toward the green support zones.
Green zones → Strong support levels, where price could bounce.
Red zones → Resistance levels, where price might face selling pressure.
NIFTY : Trading Levels and Plan for 13-Feb-2025
🔹 Key Levels:
📌 Resistance: 23,205 / 23,298 – 23,332 (Last Intraday Resistance)
📌 Support: 22,970 / 22,873 – 22,893 / 22,660 / 22,508
📌 No Trade Zone: 23,049 - 23,103 (Avoid trading inside this range)
📊 1️⃣ Gap-Up Opening (100+ points above previous close)
If NIFTY opens above 23,205:
Watch for rejection at 23,298 – 23,332: If price struggles, consider a short trade with SL above 23,350. Target: 23,205 – 23,100.
Sustained breakout of 23,332? Expect bullish momentum. Enter on a retest for targets 23,400 – 23,450.
Avoid impulsive longs at open: Wait for price to consolidate before entering trades.
💡 Pro Tip: If price rejects 23,298, sellers might step in aggressively. Consider buying Put options cautiously.
📊 2️⃣ Flat Opening (±50 points from previous close)
If NIFTY opens near 23,000 - 23,100:
No Trade Zone (23,049 - 23,103): Avoid trading here. Wait for price to break out clearly.
Break above 23,103? Expect bullish movement to 23,205. Go long above 23,105 with SL at 23,050.
Break below 23,049? Expect downside movement toward 22,970. Short below 23,045 with SL at 23,100.
💡 Pro Tip: In a flat opening, let price settle before making a decision. Patience pays!
📊 3️⃣ Gap-Down Opening (100+ points below previous close)
If NIFTY opens near 22,873 or below:
22,873 as support? If price holds, expect a bounce back. Go long above 22,900 with SL at 22,850.
Break below 22,873? Next major support is 22,660. Short below 22,870 with SL at 22,950.
If price reaches 22,660 and holds, expect a bounce. Look for buying opportunities around this level.
💡 Pro Tip: In a gap-down, avoid panic trades. Wait for proper confirmation before entering.
⚠️ Risk Management Tips for Options Trading
📌 Never chase a trade. Let price confirm the level before entering.
📌 Use stop-losses strictly. Protect your capital at all times.
📌 Avoid trading in the No Trade Zone. This is where stop-losses get hunted easily.
📌 Monitor IV (Implied Volatility). If IV is high, options premiums might be inflated. Consider spreads instead of naked options.
🔥 Summary & Conclusion
✅ Key Resistance: 23,205 / 23,298 – 23,332
✅ Key Support: 22,970 / 22,873 – 22,893 / 22,660 / 22,508
✅ No Trade Zone: 23,049 - 23,103
✅ Gap-Up: Watch resistance at 23,298. Breakout = bullish, rejection = short.
✅ Flat Opening: Wait for breakout/breakdown from No Trade Zone before entering.
✅ Gap-Down: 22,873 is crucial. Holding = bounce, breakdown = more downside.
🎯 Stick to the plan, follow discipline, and manage your risks!
⚠ Disclaimer: I am NOT a SEBI-registered analyst. This analysis is for educational purposes only. Trade at your own risk.
Nifty Intraday Trend forecast for Feb 13, 2025According to my Nifty outlook, I anticipate a down trend during intraday. The support and Resistance levels given here are my own calculations and the real-time market may not respond to the same. Follow your own technical analysis and trade with stop-loss.
NIFTY 12 FEB 2025This chart shows support (green levels) and resistance (red levels):
Analysis of the Chart
Resistance Levels (Red)
1 . 23,139.90
2. 23,178.00 - 23,193.75
Support Levels (Green)
The price is currently testing support at around 22,929.95 - 22,920.60.
If this support holds, we may see a bounce back up.
If this level breaks, the price could fall to the next support zone at 22,802.60 - 22,783.20.
#NIFTY Intraday Support and Resistance Levels - 12/02/2025Today will be slightly gap up opening expected in nifty. After opening if it's sustain above 23050 level then expected reversal upto the 23250 level. 23250 level will act a strong resistance for today's session. Possible nifty will goes further downside from this level. Important support for today's session is 23000-23050 zone. Sharp downside expected below the 23000 level.
Nifty Review & Analysis - DailyPrice Action :
Nifty closed at 23072, down 1.32% after a sharp 200 points drop in 30 min, hitting an intraday low of 22986.
Technicals:
Nifty opened below previous day’s close and saw continued selling and saw sudden drop of 200 points in 2nd half and closed at 23072 down 1.32% forming a big Red candle suggesting weakness closing below 10,20,50,200 DEMA.
The momentum indicator, RSI - Relative Strength Index was down to 41
Support/Resistance
Major Support 22800
Immediate Support 22950
Immediate Resistance 23250
Major Resistance 23400
Trend:
Overall Trend is Bearish
Options Data:
Highest CE OI was at 23500, 23400 followed by 23300 - Resistance
Highest PE OI was at 22700 followed by 22800 - Support
23300CE 23400CE and 23500CE saw major addition signaling Shorts added
22700PE saw PE addition indicating support
PCR is 0.6 which indicates Bearishness
Futures Data:
FII Long/Short ratio improved to 14.5%/85.5%
FII exited 4K Longs in Future at 38K and Shorts intact at 1.9L contracts
Nifty Futures price was in down -1.4%, a slight decrease in price alongside slight increase in Open Interest (OI) typically indicates slight Bearishness
Outlook for Next Session:
Nifty is weak below 23000
Approch:
Short at higher levels for 22700 tgt
Wait for today’s High or Low to break and sustaines for further direction
My Trades & Positions:
Holding shorts from 23250 levels booked half at 23000
#NIFTY Intraday Support and Resistance Levels - 11/02/2025Today will be gap up opening expected in nifty near 23400 level. After opening if nifty sustain above 23350 level then possible upside rally upto 23500 level. 23500 will act as an immediate resistance for today's session. Expected downside from this level. Major downside expected in nifty below 23300 level.
Nifty Review & Analysis - DailyPrice Action :
Nifty saw selling from the opening to close below 23400 but managed to bounce from 23300 levels.
Technicals:
Nifty opened below previous day’s close and saw continued selling to find support/buying around 23300 levels and saw slight pull back above 23350 levels forming a Bearish candle closing below 10,20,50,200 DEMA.
The momentum indicators, RSI - Relative Strength Index was down to 47
Support/Resistance
Major Support 23300
Immediate Support 23150
Immediate Resistance 23450
Major Resistance 24600
Trend:
Overall Trend is Bearish
Options Data:
Highest CE OI was at 23700, 23600 followed by 23600 - Resistance
Highest PE OI was at 23000 followed by 23100 - Support
23700CE 23600CE and 23500CE saw major addition signaling Shorts added
23200Pe saw unwinding indicating weakness and 23000pe saw addition indicating support
PCR is 0.6 which indicates Bearishness
Futures Data:
FII Long/Short ratio improved to 16.5%/83.5%
FII exited 4K Longs in Future at 38K and Shorts intact at 1.9L contracts
Nifty Futures price was in negative, a slight decrease in price alongside slight increase in Open Interest (OI) typically indicates slight Bearishness
Outlook for Next Session:
Nifty is weak below 23300
Approch:
Waiting for move up or down
Wait for today’s High or Low to break and sustaines for further direction
My Trades & Positions:
No Positions
#NIFTY Intraday Support and Resistance Levels - 10/02/2025Flat opening expected in nifty. After opening if nifty starts trading and sustain above 23600 level then expected upside rally upto 23800+ level in opening session. Major downside rally expected below 23550 level. This downside can goes upto the 23400 level.
Nifty50 Trade Setup – February ExpiryAnalyzing the 7th Feb settlement prices using my proprietary OptionSigma model, a key level emerges: 23,698.80.
📌 Bullish Scenario: A clean breakout above 23,698.80 signals strength—potential long opportunities in Nifty February Futures or Monthly Call options.
📌 Bearish Scenario: Failure to breach this level? Shorting is the only play—either via futures or buying put options.
⚡ Stay sharp. Watch the price action around this level for confirmation!
#Nifty50 #OptionsTrading #IndexTrading #OptionSigma #FNO #TradingStrategy
NIFTY - Pre - Budgetary AnalysisHello Traders,
I hope this message finds you well. I am pleased to share an insightful analysis with you, which illuminates the continuation of the market shift in accordance with the budget.
Preliminary Analysis Overview:
The correction initiated on September 27, 2024, comprises three phases and bottomed out at 22,786 on January 27, 2025 (~120D) . Given the recent decline, it is considered a correction within a correction, and we anticipate a retracement to higher levels before resuming the trend in a more significant manner.
The analysis is supported by the fact that a crucial time resistance for the down trend lies at 17 February 2025, where the market is anticipated to conclude the ongoing correction phase and initiate a new trend.
Phase I:
Following a brief rally in the pre-open and open periods, the market is expected to decline towards lower levels between 9.15 - 11 AM to the following levels.
SI: 23,300
SII: 23,140 (Stronger)
SIII: 23,041 (Potentially for extension to 23,000)
*Please note that these values are indicative and not actual.
Phase II:
Following the completion of the internal correction, the market is anticipated to resume its current interim upward trend in a more significant manner to test the 38.2 R 24,120 levels) + static support.
R I – 23,950
RII – 24,120 ~ 24,225
*These values are not actual but merely levels.
**Budget commentary that I expect: **
1. There will not be any change in corporate tax rate.
2. Personal IT may see a small slab change, accompanied by an increase in standard deduction.
3. No changes to STT, LTCG / STCG (revision(s) will undermine the integrity of the decisions from FM).
4. Reduced borrowing costs accommodating leveraged capex.
5. Incentivization (PLI, infra, agricultural & make in india).
6. Semi conductor push.
Overall, I am expecting a neutral budget – Neither hawkish nor dovish.
The markets will do what they have to….!!!
**Important Note:**
This entire analysis holds true only until the market breaks 22,786.90, although I believe not today.
** Final Verdict: **
The current uptrend is considered interim. The primary trend remains downward and is anticipated to persist further and deeper. This trend is expected to test the 38.2% support level coinciding with the 22,146 ~ 21,245 -support level.
**Strategy:**
Given the implied volatility increase, it is prudent to adapt to changes as they appear to transpire.
1. Sell until phase I.
2. Buy for phase II (Conservatives may await some confirmation with strict SL @ 22,786).
3. Exit any open position after phase II completion and await cues.
Fellow Traders,
The creation of this valuable analytical resource has necessitated countless hours of dedication and effort. If you find it useful, I humbly request your support by promoting the idea and following me (updates will be provided via this post, new posts, and through minds). Your comments and thoughts on this idea are highly valued, and I am committed to engaging with each one personally.
Thank you for investing your time in reading this article.
Wishing you profitable and fulfilling trading endeavors!
Disclaimer:
Before concluding, I must emphasize that the insights shared are based on my analysis. It is imperative that you conduct your own research and, if necessary, consult with a financial advisor before making any trading decisions. The dynamic nature of financial markets necessitates that your strategies align with your financial objectives and risk tolerance.
#NIFTY Intraday Support and Resistance Levels - 07/02/2025Gap up opening expected in nifty near the 23700 level. After opening if nifty starts trading above 23750 level then expected upside movement in index. This upside rally can goes upto 23950+ level. Below 23700 downside possible upto the 23550 support level in today's session.
Any major downside only expected below this support level.
Nifty Intraday Support & Resistance Levels for 07.02.2025Thursday’s session saw Nifty opening with a gap-up, touching a high of 23,773.55 in the opening minutes, but failing to sustain. It dropped to a low of 23,556.25 before closing at 23,603.35, losing 93 points over the previous close. The Weekly & Daily Trend (50 SMA) remains sideways.
Demand/Support Zones
Near Demand/Support Zone (75m): 23,327 - 23,381.60
Near Minor Demand/Support Zone (15m): 23,141 - 23,205.70
Near Demand/Support Zone (30m): 22,786.90 - 22,843.30
Far Demand/Support Zone (Daily): 21,791.95 - 22,910.15 (Tested)
Far Support Level: 21,281.45 (Low of 4th June 2024)
Far Demand/Support Zone (Daily): 20,769.50 - 20,950
Supply/Resistance Zones
Near Supply/Resistance Zone (5m): 23,686.70 - 23,701.90
Near Supply/Resistance Zone (Daily): 23,976 - 24,196.45
Far Supply/Resistance Zone (Daily): 24,601.75 - 24,782.15
Far Supply/Resistance Zone (Weekly): 24,180.80 - 24,792.30
Outlook
Nifty broke above a key Daily Supply Zone but couldn't sustain, falling from 23,800 to 23,500. The next crucial resistance lies at 24,000 - 24,250. Only a breakout and sustained move above this zone could shift the trend from sideways to bullish.
NIFTY : TRADING LEVELS AND PLAN – 07-Feb-2025📌
🔹 Previous Close: 23,628.05
🔹 Important Zones to Watch:
🟥 Profit Booking Zone: 24,024 - 24,155
🟥 Last Intraday Resistance: 23,900
🟧 Opening Resistance: 23,747
🟧 No Trade Zone: 23,566 - 23,656
🟩 Last Intraday Support: 23,442
🟢 Support for Sideways Market: 23,346
📈 Scenario 1: Gap-Up Opening (Above 23,750)
If NIFTY opens with a gap-up of 100+ points above 23,750, it will enter the Opening Resistance Zone (23,747 - 23,900).
🔹 Bullish Strategy:
If NIFTY sustains above 23,900, expect a strong move toward the Profit Booking Zone (24,024 - 24,155).
Ideal entry will be on retracement near 23,900 with SL below 23,850.
🔻 Bearish Scenario:
If rejection is seen from 23,900 - 24,024, a short trade can be initiated targeting 23,750 - 23,650.
Stop loss for short trade above 24,100.
📝 Pro Tip: A direct gap-up into a resistance zone often leads to profit booking. Avoid aggressive longs unless a breakout is confirmed.
📊 Scenario 2: Flat Opening (Between 23,566 - 23,656)
A flat opening within the No Trade Zone (23,566 - 23,656) suggests uncertainty. Traders should wait for a clear breakout or breakdown.
🔹 Bullish Plan:
A breakout above 23,656 can trigger a long trade targeting 23,747 - 23,900.
SL for longs should be below 23,600.
🔻 Bearish Plan:
If NIFTY breaks below 23,566, expect a drop toward 23,442.
Short trade can be taken with SL above 23,600.
📝 Pro Tip: A flat opening often leads to range-bound price action initially. Avoid taking trades in the first 15-20 minutes unless a clear trend emerges.
📉 Scenario 3: Gap-Down Opening (Below 23,450)
If NIFTY opens below 23,450, it enters the Last Intraday Support Zone. Watch for a reversal or further breakdown.
🔹 Buying Opportunity:
A bullish reversal from 23,346 - 23,442 can give a long trade opportunity targeting 23,566 - 23,656.
Stop loss for longs should be below 23,300.
🔻 Breakdown Plan:
If 23,346 breaks, expect further downside toward 23,200-23,150.
Short trade can be taken with SL above 23,400.
📝 Pro Tip: A gap-down below key supports often triggers panic selling. But if a quick pullback is seen, it might be a bear trap—wait for confirmation before shorting.
⚠️ Risk Management & Options Trading Tips
✔ Option Buyers: Trade ATM (At-the-Money) options and avoid OTM options when volatility is low.
✔ Option Sellers: If IV (Implied Volatility) is high, selling OTM strikes can be a good strategy.
✔ Always Use Stop Loss: Risk management is key to capital preservation.
✔ Avoid Overtrading: Stick to planned trades and don’t force setups.
📌 Summary & Conclusion
🚀 Bullish above: 23,656 (Target 23,900 - 24,024)
📉 Bearish below: 23,566 (Target 23,442 - 23,346)
⚠️ Key Zones to Watch: No Trade Zone & Profit Booking Area
📊 Expect Volatility: Let the market establish a clear direction before taking trades.
⚠️ Disclaimer: I am not a SEBI-registered analyst. This analysis is for educational purposes only. Always do your own research before taking any trades. 📢📊
#NIFTY #TradingPlan #StockMarket #OptionsTrading 🚀
Nifty Review & Analysis - Daily
Price Action :
Nifty saw selling from the opening to close just above 23600
Technicals:
Nifty opened flat and saw selling from opening and found support around 23550 levels and managed to close above 23600 levels forming a Bearish Candle . A small profit booking was seen above 23700 levels but over all looked strong and stable Nifty closed below 50 and 200 DEMA but above 10&20 DEMA
The momentum indicators, RSI - Relative Strength Index was down to 53
FII Sold Rs. 3550 Cr in cash market
Support/Resistance
Major Support 23400
Immediate Support 23500
Immediate Resistance 23650
Major Resistance 24000
Trend:
Overall Trend is Bearish but short term Nifty is bit positive till it trades above 22300
Options Data:
Highest CE OI was at 24000 followed by 23600 - Resistance
Highest PE OI was at 23600 followed by 23500 and 23000 - Support
23700CE 23600CE saw major addition signaling Shorts added & 23700 is Resistance
PCR is 0.82 which indicates neutral
Futures Data:
FII Long/Short ratio improved to 16.5%/83.5%
FII exited 4K Longs in Future at 38K and Shorts intact at 1.9L contracts
Nifty Futures price was in negative, a slight decrease in price alongside slight increase in Open Interest (OI) typically indicates slight Bearishness
Outlook for Next Session:
Nifty in Strong above 23500
Approch:
Maintain Long positions with 23500 SL
avoid shorts
Wait for today’s High or Low to break and sustaines for further direction
My Trades & Positions:
still holding Long in Feb Series CE waiting for a big Short covering above 24100
#NIFTY Intraday Support and Resistance Levels - 06/02/2025Gap up opening expected in nifty near the 23800 level. After opening if it's starts trading and sustain above 23800 level then expected strong upside rally towards the 23950 level in today's session. 23700-23800 is the consolidation zone for nifty. Any major downside rally expected below the 23700 level.
Nifty Review & Analysis - DailyPrice Action :
Nifty consolidated hitting a high of 23800 taoday and closed in slight negative
Technicals:
Nifty opened above 23800 and traded below it for whole day in a narrow range and closed at lowest point of day forming a small Bearish candle. A small profit booking was see at 23800 levels (from downward trend line from previous highs) but over all looked strong and stable managing to close above 10.20,50,200 DEMA.
The momentum indicators, RSI - Relative Strength Index improved to 56
Support/Resistance
Major Support 23500
Immediate Support 23600
Immediate Resistance 23750
Major Resistance 24000
Trend:
Overall Trend is Bearish but short term Nifty is bit positive if trades above 22300
Options Data:
Highest CE OI was at 24000 ( swa some addition) - Resistance
Highest PE OI was at 23500 (saw addition) - Support
23700CE 23800CE saw major addition signaling Shorts added & 23700 is Resistance
PCR is 0.9 which indicates not Bearish
Futures Data:
FII Long/Short ratio improved to 12%/82%
Nifty Futures price was in neagative, a slight decrease in price alongside slight decrease in Open Interest (OI) typically indicates small profit booking
Outlook for Next Session:
Nifty in Strong above 23500
Approch:
Maintain Long positions with 23500 SL
avoid shorts
Wait for today’s High or Low to break and sustaines for further direction
My Trades & Positions:
still holding Long in Feb Series CE waiting for a big Short covering above 24100
NIFTY - Trading Levels and Plan for 06-Feb-2025📌 NIFTY TRADING PLAN – 06-Feb-2025
🔹 Previous Close: 23,685.10
🔹 Important Zones Identified:
🟥 Sharp Profit Booking Zone: 24,065 - 24,154🟥 Opening Resistance: 23,848🟧 Opening Support / Resistance: 23,683 - 23,658🟩 Last Intraday Support: 23,567🟢 Buyer's Support: 23,374 - 23,345
📈 Scenario 1: Gap-Up Opening (Above 100+ Points)
If NIFTY opens with a strong gap-up above 23,785, it will move toward the Opening Resistance (23,848) and may attempt to test the Profit Booking Zone (24,065 - 24,154).
🔹 Bullish Strategy:
If NIFTY sustains above 23,848, expect a continuation towards 24,065 - 24,154.
An ideal entry can be on a pullback towards 23,848, with a stop-loss below 23,750.
🔻 Bearish Reversal Plan:
If NIFTY shows rejection around 24,065 - 24,154, a short trade can be initiated.
Target for shorts: 23,848 - 23,685.
Stop-loss for short trades: Above 24,200.
📝 Pro Tip: If NIFTY opens directly in the Profit Booking Zone, avoid aggressive long positions. Wait for a breakout or a reversal setup.
📊 Scenario 2: Flat Opening (Between 23,683 - 23,658)
A flat opening means NIFTY is near the Opening Support / Resistance Zone (23,683 - 23,658). Patience is required to confirm the direction.
🔹 Bullish Plan:
If NIFTY breaks above 23,685 with strong volume, a long trade can be considered.
Targets: 23,743 - 23,848.
Stop-loss: Below 23,650.
🔻 Bearish Breakdown:
If NIFTY breaks below 23,658, expect a decline towards 23,567.
Short trades can be initiated with a stop-loss above 23,700.
📝 Pro Tip: Flat openings often result in choppy movement for the first 15-30 minutes. Let the market establish direction before entering trades.
📉 Scenario 3: Gap-Down Opening (Below 23,567)
If NIFTY opens below 23,567, it enters the Last Intraday Support Zone and may attempt to test the Buyer's Support (23,374 - 23,345).
🔹 Buying Opportunity:
A strong bullish reversal from 23,374 - 23,345 can provide a long opportunity.
Target: 23,567 - 23,685.
Stop-loss: Below 23,300.
🔻 Further Breakdown Plan:
If 23,345 is broken, expect further downside towards 23,200.
Short trades can be initiated with SL above 23,400.
📝 Pro Tip: If NIFTY gaps down but quickly recovers above 23,567, it could be a bear trap—watch for bullish confirmations.
⚠️ Risk Management & Options Trading Tips
✔ For Option Buyers: Select ATM (At-the-Money) strikes to avoid time decay. Enter only when price action confirms the trade.
✔ For Option Sellers: If IV (Implied Volatility) is high, consider selling OTM (Out-of-the-Money) options near key resistance/support levels.
✔ Always use SL: Protect capital! A good Risk-to-Reward (R:R) ratio is essential for long-term success.
✔ Avoid Overtrading: Stick to planned setups—don’t force trades.
📌 Summary & Conclusion
🚀 Bullish above: 23,685 (Target 23,848+)📉 Bearish below: 23,658 (Target 23,567 - 23,345)⚠️ Watch Key Zones: No Trade Zone & Profit Booking Area📊 Expect Volatility: Let the first 15-30 minutes settle before aggressive trades.
⚠️ Disclaimer: I am not a SEBI-registered analyst. This analysis is for educational purposes only. Always do your own research before taking any trades. 📢📊
#NIFTY Intraday Support and Resistance Levels - 05/02/2025Gap up opening expected in nifty. After opening expected nifty will continue it's bullish rally towards the 23950+ level in today's session. 23650 level will act as a strong support for today's session. Major downside only expected if nifty not sustain above level and starts trading below 23600. Below this level sharp downside expected upto the 23400 level.