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Niftyprediction

Monday 08 April , Nifty Intraday Setup Index behaviour has been unpredictable since January 2024. None breakouts or falls have been sustained for the whole day, which is a sign of the dirty uptrend, which is not reliable, especially when the Index is trading on ath Intraday Range: 22,430 to 22,620 Strategy 1: The range is wider, so focus on reversals of critical resistance and support. Strategy 2: The 30-minute Please find below a revised version of the text: Since January 2024, the behaviour of the Index has been unpredictable. There have been no sustained breakouts or falls throughout the day, which indicates a dirty uptrend that is not reliable, especially when the Index is trading on its all-time high. The intraday range for today is between 22,430 and 22,620. To trade in such a market, you can follow two strategies: 1. The range is wider, so focus on reversals of critical resistance and support. 2. The 30-minute range can help you identify market curves and directions. Risk management is crucial in such uncertain market conditions. To minimize your risks, you should: - Keep your position size low. - Choose the right segments to trade in. - If you are a directional trader, trade-in pieces instead of taking a full position.ge also helps to identify the market curves and directions. Risk Management : Position size must be low Segments will play a significant role Trade in Pieces instead if you are a directional Trader
NSE:NIFTY
by CodeViser
1
NIFTY LEVELS AND ZONE 05/04/2024 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between zones. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level. NSE:NIFTY
NSE:NIFTY
by Trading_hawk
Shorting Nifty 50: Potential Reversal Signal at Bearish OBHey Traders, Thinking of taking a short ride on the Nifty 50? Here's why I'm feeling bearish about it. So, there's this Bearish Orderblock (OB) lurking around 0.30% above the current price, hinting at a market reversal. But wait, there's more! The Bearish Fair Value Gap (FVG) is also signaling some downward action, possibly even before we hit that OB. Now, let's talk strategy. Our entry point is 22343.70, a sweet spot where we expect things to turn south. And to play it safe, we've got our stop-loss (SL) set at 22637.55. As for the take-profit (TP) targets, we're aiming for TP1 at 21710.20 and TP2 at 20983.10. Feel free to cash out earlier if you're happy with your gains, and don't forget to trail that stop-loss. Oh, and here's a pro tip: keep some cash handy for dollar-cost averaging (DCA) around 22526.60. This way, we're ready to tweak our position if the market throws us a curveball. Our decision to enter the market is also influenced by Fibonacci retracement levels, particularly the presence of Golden Pockets, reinforcing the validity of our trade setup. In summary, the confluence of technical signals, including Bearish OB, Bearish FVG, and Fibonacci retracement, strengthens the rationale behind shorting the Nifty 50. By adhering to prudent risk management principles and remaining adaptable to market movements, we aim to capitalize on potential downside opportunities effectively. Note important thing: It could be that the market opens at monday and the market goes up, so we will wait a bit. Like (boost), follow, comment and share this trade idea! For the optimal TradingView experience, upgrade now to unlock the platform's full potential: www.tradingview.com
NSE:NIFTYShort
by smarttrader012
5
Nifty key levels for 28th March | Expiry TradeStay ahead of the curve with our daily NSE:NIFTY key levels! NIFTY key levels for tomorrow. We booked profit of 120 points in BankNifty today. Overview: Here are the key levels to watch for potential entry and exit points in BANKNIFTY Resistance Levels: - Refer the Red line on the chart Support Levels: - Refer the Green line on the chart Trading Strategy: - Long Position: Consider initiating long positions near support levels only after reversal confirmation for potential upside movement. - Short Position: Consider initiating short positions near resistance levels only after reversal confirmation for potential downside movement. Risk Management: - Always use stop-loss orders to protect against adverse market movements. - Consider position sizing based on risk tolerance and account equity. Disclaimer: These levels are provided for informational purposes only and should not be considered as financial advice. Trading involves risk, and past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Thanks
NSE:NIFTY
by Nivesh_Labs
Nifty and Bank Nifty analysis for tomorrow, Wednesday. 3rd AprilNifty and Bank Nifty analysis and trade plan for tomorrow, Wednesday. 3rd April Hello, my name is Rahul Bora, I am an intraday trader from Assam, every day I try to share my trade plan for next day, for Nifty and Bank Nifty based on Fibonacci levels and price action only. Whatever I share in these videos, are purely my personal opinion, and not a trade advice in any sense. Viewers are advised to take their trades based on self analysis and own risk taking capacity only.
NSE:NIFTY
by rahulbora11