#NIFTY Intraday Support and Resistance Levels -13/12/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 20920 level and then possible upside rally up to 21040 in today's session. in case nifty trades below 20870 level then the downside target can go up to the 20750 level.
Niftyprediction
NIFTY INTRADAY LEVELS FOR 12/12/2023BUY ABOVE - 21030
SL - 20960
TARGETS - 21080,21160,21240
SELL BELOW - 20960
SL - 21030
TARGETS - 20900,20850,20800
NO TRADE ZONE - 20960 to 21030
Previous Day High - 21030
Previous Day Low - 20960
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
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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.
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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#NIFTY Intraday Support and Resistance Levels -12/12/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 21030 level and then possible upside rally up to 21150 in today's session. in case nifty trades below 20980 level then the downside target can go up to the 20870 level.
NIFTY Prediction for tomorrow 12 Dec 23As we discussed yesterday, NIFTY did take resistance from the given resistance line and was sideways the whole day. For tomorrow, Nifty is expected to move into the inner zone. Two possible cases are explained in the chart. In case 1, it will be sideways in close range. If case 2, it might give you a little momentum to the downside.
Reasons:
EMA 50 is providing a nice support.
on the upside trendline provides a nice resistance trendline.
20850 will be acting as a good Price action support point.
PCR 0.93, which is bullish, but if we check OI the whole day, it was more of a round-off. Few new positions were created. People are waiting unless it's direction to be decided.
RSI is 40-60, which is mostly sideways.
according to OI 21000, it is working as MAX Pain, which is also a good psychological level.
Price > EMAs, which means bulls are strong.
Verdict :
Sideways
Plan of action:
Sell 21000 CE and protect it with hedging.
#NIFTY Intraday Support and Resistance Levels -11/12/2023Nifty will be gap down opening in today's session. After opening nifty start trading below 20950 level and then possible downside rally up to 20830 in today's session. in case nifty trades above 21000 level then the upside target can go up to the 21120 level.
NIFTY INTRADAY LEVELS FOR 11/12/2023BUY ABOVE - 21000
SL - 20960
TARGETS - 21080,21180,21240
SELL BELOW - 20850
SL - 20900
TARGETS - 20800,20740,20690
NO TRADE ZONE - 20850 to 21000
Previous Day High - 21000
Previous Day Low - 20850
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
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.
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 08/12/2023BUY ABOVE - 20960
SL - 20900
TARGETS - 21020,21080,21160
SELL BELOW - 20850
SL - 20900
TARGETS - 20800,20740,20690
NO TRADE ZONE - 20890 to 20960
Previous Day High - 20960
Previous Day Low - 20850
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
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.
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 -08/12/2023Nifty will be FLAT opening in today's session. After opening nifty start trading Below 20900 level and then possible downside rally up to 20780 in today's session. in case nifty trades Above 20930 level then the upside target can go up to the 21050 level.
NIFTY INTRADAY LEVELS FOR 07/12/2023BUY ABOVE - 20960
SL - 20910
TARGETS - 21000,21080,21160
SELL BELOW - 20890
SL - 20920
TARGETS - 20850,20800,20740
NO TRADE ZONE - 20890 to 20960
Previous Day High - 20960
Previous Day Low - 20850
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
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.
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 👍
BANK NIFTY INTRADAY LEVELS FOR 07/12/2023BUY ABOVE - 46950
SL - 46760
TARGETS - 47230,47520,47770
SELL BELOW - 46760
SL - 46950
TARGETS - 46460,46260,46040
NO TRADE ZONE - 46760 to 46950
Previous Day High - 47230
Previous Day Low - 46760
I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
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 -07/12/2023Nifty will be gap down opening in today's session. After opening nifty start trading below 20920 level and then possible downside rally up to 20800 in today's session. in case nifty trades above 20960 level then the upside target can go up to the 21080 level.
NIFTY INTRADAY LEVELS FOR 06/12/2023BUY ABOVE - 20850
SL - 20800
TARGETS - 20930,21000,21080
SELL BELOW - 20590
SL - 20630
TARGETS - 20540,20480,20420
NO TRADE ZONE - 20740 to 20850
Previous Day High - 20850
Previous Day Low - 20740
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
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.
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 05/12/2023BUY ABOVE - 20700
SL - 20650
TARGETS - 20800,20910,21000
SELL BELOW - 20590
SL - 20630
TARGETS - 20540,20480,20420
NO TRADE ZONE - 20590 to 20700
Previous Day High - 20700
Previous Day Low - 20540
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
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.
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 04/12/2023BUY ABOVE - 20290
SL - 20240
TARGETS - 20330,20370,20420
SELL BELOW - 20240
SL - 20290
TARGETS - 20180,20140,20100
NO TRADE ZONE - 20240 to 20290
Previous Day High - 20290
Previous Day Low - 20180
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
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.
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 Short , Medium & Long Term View-04-Nov-23 to 08-Dec-23Nifty Short , Medium & Long Term View-04-Nov-23 to 08-Dec-23
Nifty closed at 20227( Prev Week close 19794) and touched low & high of 19807 & 20295.
Market Decisively crossed the 20000 and crossed the all time high (20218) and touched 20295.
Pre poll survey result and GDP Q2 growth boosted the market.
Monday will be gap up opening due to the state elections results. Current government having confidence in sailing through next year parliament elections.
Hence one of the major risk expected is almost resolved.
Market expected to move up to 20500 initially.
RSI and stochastics levels nearing the overbought zone ( 75% & 97 % Respectively).
Nifty- Short Term
Resistance at 20450-20600 zone marked with blue circle.
Those are trend line resitances and
also the 20500 Target ( Red Horizontal Line) resistance is dervied from % of difference between pre covid peak ( 12400 ) and covid low (7500 ) and that % is applied from the 12400 ( Pre covid peak) is calculated to 20500.
As Market near to overbought zone a downward movement to 20000 / 19850 is possible in coming weeks.
Market is in overbought zone.Complete 30% Profit booking as specified before around 20450- 20600 and better to be with cash.
Support at 20000, 19850, 19691 & 19528
Nifty Medium Term & long Term -
Market need to decisively close above 20570 to reach 21000 target.
Support at 19345, 19230, 19164, 19000
Long Term
market range bound between 21000 to 18800 till elections are completed.
Comment :
Market Volatality expected to continue till Q3 results, Feb budget & till elections in 2024 (Apr-May).
Banks gave good results except HDFC bank due to merger. Capital Goods and other companies posted average to average results. most of the stock screening shows to buy banks and NBFCs. only few stocks from capital goods and other stocks are showing promising results. pharma stocks gave outstanding returns and it is just starting. Stock Pick based on the Q2 result and projected growth of the stock is necessary.
Q3 Results & Policy change need to be looked into for next year growth of Nifty.