#NIFTY Intraday Support and Resistance Levels - 03/03/2025Gap up opening expected nifty near 22300 level. After opening expected reversal from this level. Downside 22000-22100 zone will act as a strong support for nifty. Any strong further bearish rally only expected below 22000 level. In case nifty gives breakdown of this level can leads major downside upto 21700.
Niftyprediction
#nifty50 Bhalu bhaiya maan jaao :)Nifty ended the week at 22,124, down 670 points from the previous week's close, with a high of 22,668 and a low of 22,104. As I highlighted last week, the formation of a gravestone doji was a bearish signal, indicating the market was under the influence of selling pressure—and we’ve now witnessed the impact of that pattern. Currently, Nifty is testing the critical support at the WEMA100 level, which could trigger a bounce. However, any rally should be seen as an opportunity to enter fresh short positions.
As mentioned last week, if Nifty closed below the 22,400 level on the monthly chart, we were likely to see further correction, and that’s exactly what transpired. While it may sound negative, I anticipate the index heading toward the 19,500 mark . For long-term investors, there’s no need for concern. This pullback could offer a prime opportunity to buy fundamentally strong stocks at attractive prices. Traders, on the other hand, should focus on a “sell on rise” strategy instead of attempting to pick a bottom and risking substantial losses.
Turning to the S&P 500, as I pointed out last week, the bearish M-pattern was in play. From the recent high of 6043, we’ve seen a 3.5% correction. On the weekly chart, the index has formed a long-legged candle, signaling that demand is emerging from lower levels. For the past four months, the S&P 500 has struggled to break through the significant resistance at 6000, failing to close above it on a monthly basis. A decisive monthly close above 6000 could open the door for the index to reach higher levels, potentially targeting 6225, 6376, 6454, and 6568.
In conclusion, the market remains under pressure, with Nifty at a key support level and the S&P 500 facing resistance. Investors should remain focused on long-term opportunities, while traders should be cautious and adopt a disciplined approach to navigating the current market volatility. Stay strategic, stay patient, and let the market unfold.
The next move for Nifty (2 trades for me)Nifty is undergoing a good correction. The retracement may go deeper if we fail to respect the Rejection block level.
There are 2 trades.
The first one will get triggered at the rejection block for a small pullback to gaps (imbalances).
The second trade is tentative and will depend on market reaction
NIFTY 50 Trade Setup 20 FEB EXPIRY -- Education purpose only--Nifty 50 Faces Key Support At 22,800 Levels
open interest distribution for the Nifty 50 Feb. 20 expiry series indicated most activity at 23,500 call strikes, with the 23,000 put strikes having maximum open interest.
Nifty 50 support is placed at 22,800. "If Nifty 50 falls below 22800, then the selling will trigger. Nifty 50 immediate resistance at 23,000,"
19th Feb Target 1 22687.08
Nifty 50 long term trend analysis, major support and resistance Nifty 50 Index (NSEI: NIFTY) was in a trend for 12 years from June 2008 to Dec 2020. In December 2020 it broke out of this range at ~13357 and almost doubled in just shy of 4 years (September 2024) peaking at ~26277.
Support 1 : 21870 (Fib 23.6%)
Support 2 : 19114 (Fib 38.2%)
Support 3 : 16909 (Fib 50%)
Note: Not an investment / trade recommendation. Just for educational purposes only.
#NIFTY Intraday Support and Resistance Levels - 28/02/2025Flat opening expected in nifty. It is consolidating in between the range of 22500-22550 level. Major directional rally only expected if nifty give break and sustain this range breakout. Strong downside movement expected below 22500 level. For bearish rally 22300 will be next support level. For bullish rally upside 22750 will act as a major resistance in today's session.
NIFTY Intraday Trading levels and Plan – 28-Feb-2025
This analysis provides a comprehensive trading plan for the NIFTY 50 index on February 28, 2025, covering all possible opening scenarios. We will evaluate Gap-Up, Flat, and Gap-Down openings (with gaps of 100+ points) and outline clear action points, key levels, and risk management strategies. This plan is designed to help traders navigate the market with precision and discipline. 📈🔍
🔹 Scenario 1: Gap-Up Opening (100+ points)
If NIFTY 50 opens above 22,763 (a gap of 100+ points from the previous close of 22,663), it signals strong bullish momentum. This opening suggests aggressive buying interest, potentially driving prices higher.
If the price sustains above 22,763, it could target the resistance zone of 22,884–22,900. This zone is a profit-booking area where selling pressure may intensify due to historical resistance and recent highs.
If the price faces rejection at 22,884–22,900, a reversal trade could be considered, targeting a pullback to 22,700–22,663 (opening resistance and previous close).
Should the price break above 22,900 with strong momentum (e.g., high volume and bullish candlestick patterns), we might see a rally toward 23,000 or higher.
✅ Trade Plan:
✔️ Buy on a breakout and retest of 22,763 , targeting 22,884–22,900. Use a stop-loss below 22,663 to manage risk.
✔️ Short if the price rejects 22,884–22,900, aiming for 22,700–22,663. Place a stop-loss above 22,900 to limit potential losses.
Explanation: A Gap-Up opening of 100+ points reflects bullish sentiment, but chasing the gap immediately can be risky due to volatility. Waiting for a retest of 22,763 confirms bullish intent, while the resistance at 22,884–22,900 acts as a natural profit-taking zone. A rejection at this level could signal a shorting opportunity if bearish momentum builds.
🔹 Scenario 2: Flat Opening (Near 22,663–22,700)
If NIFTY 50 opens within the range of 22,663–22,700, it suggests a balanced market with no clear directional bias. This zone acts as a critical opening support/resistance area where price action could consolidate or break out.
A breakout above 22,700 could drive prices toward 22,884–22,900, signaling bullish momentum.
A breakdown below 22,663 might lead to selling pressure, targeting 22,510–22,356 (opening support and last intraday support) or even 22,268–22,070 (buyer’s support levels).
✅ Trade Plan:
✔️ Buy above 22,700 , targeting 22,884–22,900. Use a stop-loss below 22,663 to protect against a false breakout.
✔️ Sell below 22,663 , targeting 22,510–22,356 or 22,268–22,070. Set a stop-loss above 22,700 to manage downside risk.
Explanation: A Flat opening often results in consolidation, making it challenging to trade without confirmation. The 22,663–22,700 range is a no-trade zone unless a decisive breakout occurs. Traders should wait for clear price action (e.g., strong candlestick patterns or increased volume) to avoid fake moves and ensure higher probability trades.
🔹 Scenario 3: Gap-Down Opening (100+ points)
If NIFTY 50 opens below 22,563 (a gap of 100+ points from the previous close of 22,663), it signals bearish sentiment and potential weakness in the market.
Immediate support lies at 22,510–22,356 (opening support and last intraday support). If this holds, a pullback toward 22,663–22,700 could occur.
If 22,356 breaks with strong selling pressure, expect further downside toward 22,268–22,070 (buyer’s support for a possible reversal).
✅ Trade Plan:
✔️ Buy near 22,356 , targeting a pullback to 22,663–22,700. Use a stop-loss below 22,268 to limit risk.
✔️ Short below 22,356 , targeting 22,268–22,070. Place a stop-loss above 22,356 to protect against a quick recovery.
Explanation: A Gap-Down opening of 100+ points indicates panic or profit-taking, but prices can rebound if support levels hold. Waiting for confirmation near 22,356 ensures the price isn’t just oversold, while a break below this level confirms bearish momentum for shorting opportunities. The 22,268–22,070 zone offers a potential reversal point if buying interest emerges.
📌 Risk Management Tips for Options Trading 💡
🛑 Always Use a Strict Stop-Loss: Protect your capital by setting stop-loss orders at key support/resistance levels to limit potential losses.
🎯 Take Partial Profits: Lock in gains at intermediate targets (e.g., 22,884 or 22,356) to secure profits while allowing room for further moves.
🕰️ Avoid Overtrading: Stick to the plan and wait for clear price action confirmation—don’t force trades in uncertain conditions.
💰 Use Proper Position Sizing: Risk only a small percentage of your capital (e.g., 1–2%) per trade to ensure longevity in the market.
📌 Summary & Conclusion 🎯
✔️ Bullish Above: 22,700 → Target: 22,884–22,900.
✔️ Bearish Below: 22,663 → Target: 22,510–22,356 or 22,268–22,070.
✔️ No Trade Zone: 22,663–22,700 (Wait for a breakout).
Trade with discipline, follow your plan, and prioritize risk management to navigate the NIFTY 50 market effectively on February 28, 2025. 🚀
⚠️ Disclaimer
I am not a SEBI-registered analyst. This analysis is for educational purposes only. Please consult your financial advisor before making any trading decisions. 📉📈
#NIFTY Intraday Support and Resistance Levels - 27/02/2025Flat opening expected in nifty. After opening important level to watch is 22500. If nifty starts trading below this level then sharp downside rally expected upto 22300 in opening session. Any upside move only expected if it's sustain above 22550 level. Upside 22750 level will act as a resistance for today's session.
NIFTY : Intraday Trading Levels and Plan – 27-Feb-2025📌
This analysis provides a comprehensive trading plan for the NIFTY index on February 27, 2025, covering all possible opening scenarios. We will evaluate Gap-Up, Flat, and Gap-Down openings (with gaps of 100+ points) and outline clear action points, key levels, and risk management strategies. This plan is designed to help traders navigate the market with precision and discipline. 📈🔍
🔹 Scenario 1: Gap-Up Opening (100+ points)
If NIFTY opens above 22,784 (a gap of 100+ points from the previous close of 22,684), it signals strong bullish momentum. This opening suggests aggressive buying interest, potentially driving prices higher.
If the price sustains above 22,784, it could target the resistance zone of 22,871–22,987. This zone is a profit-booking area where selling pressure may intensify due to historical resistance and recent highs.
If the price faces rejection at 22,871–22,987, a reversal trade could be considered, targeting a pullback to 22,710–22,684 (opening resistance and previous close).
Should the price break above 22,987 with strong momentum (e.g., high volume and bullish candlestick patterns), we might see a rally toward 23,000 or higher.
✅ Trade Plan:
✔️ Buy on a breakout and retest of 22,784 , targeting 22,871–22,987. Use a stop-loss below 22,684 to manage risk.
✔️ Short if the price rejects 22,871–22,987, aiming for 22,710–22,684. Place a stop-loss above 22,987 to limit potential losses.
Explanation: A Gap-Up opening of 100+ points reflects bullish sentiment, but chasing the gap immediately can be risky due to volatility. Waiting for a retest of 22,784 confirms bullish intent, while the resistance at 22,871–22,987 acts as a natural profit-taking zone. A rejection at this level could signal a shorting opportunity if bearish momentum builds.
🔹 Scenario 2: Flat Opening (Near 22,684–22,710)
If NIFTY opens within the range of 22,684–22,710, it suggests a balanced market with no clear directional bias. This zone acts as a critical opening support/resistance area where price action could consolidate or break out.
A breakout above 22,710 could drive prices toward 22,871–22,987, signaling bullish momentum.
A breakdown below 22,684 might lead to selling pressure, targeting 22,505–22,356 (opening support and last intraday support) or even 22,400 (key support level).
✅ Trade Plan:
✔️ Buy above 22,710 , targeting 22,871–22,987. Use a stop-loss below 22,684 to protect against a false breakout.
✔️ Sell below 22,684 , targeting 22,505–22,356 or 22,400. Set a stop-loss above 22,710 to manage downside risk.
Explanation: A Flat opening often results in consolidation, making it challenging to trade without confirmation. The 22,684–22,710 range is a no-trade zone unless a decisive breakout occurs. Traders should wait for clear price action (e.g., strong candlestick patterns or increased volume) to avoid fake moves and ensure higher probability trades.
🔹 Scenario 3: Gap-Down Opening (100+ points)
If NIFTY opens below 22,584 (a gap of 100+ points from the previous close of 22,684), it signals bearish sentiment and potential weakness in the market.
Immediate support lies at 22,505–22,356 (opening support and last intraday support). If this holds, a pullback toward 22,684–22,710 could occur.
If 22,505 breaks with strong selling pressure, expect further downside toward 22,070 (buyer’s support for a possible reversal).
✅ Trade Plan:
✔️ Buy near 22,505 , targeting a pullback to 22,684–22,710. Use a stop-loss below 22,356 to limit risk.
✔️ Short below 22,505 , targeting 22,070. Place a stop-loss above 22,505 to protect against a quick recovery.
Explanation: A Gap-Down opening of 100+ points indicates panic or profit-taking, but prices can rebound if support levels hold. Waiting for confirmation near 22,505 ensures the price isn’t just oversold, while a break below this level confirms bearish momentum for shorting opportunities. The 22,070 zone offers a potential reversal point if buying interest emerges.
📌 Risk Management Tips for Options Trading 💡
🛑 Always Use a Strict Stop-Loss: Protect your capital by setting stop-loss orders at key support/resistance levels to limit potential losses.
🎯 Take Partial Profits: Lock in gains at intermediate targets (e.g., 22,871 or 22,505) to secure profits while allowing room for further moves.
🕰️ Avoid Overtrading: Stick to the plan and wait for clear price action confirmation—don’t force trades in uncertain conditions.
💰 Use Proper Position Sizing: Risk only a small percentage of your capital (e.g., 1–2%) per trade to ensure longevity in the market.
📌 Summary & Conclusion 🎯
✔️ Bullish Above: 22,710 → Target: 22,871–22,987.
✔️ Bearish Below: 22,684 → Target: 22,505–22,356 or 22,070.
✔️ No Trade Zone: 22,684–22,710 (Wait for a breakout).
Trade with discipline, follow your plan, and prioritize risk management to navigate the NIFTY market effectively on February 27, 2025. 🚀
⚠️ Disclaimer
I am not a SEBI-registered analyst. This analysis is for educational purposes only. Please consult your financial advisor before making any trading decisions. 📉📈
NIFTY EASY TO UNDERSTANDNIFTY Easy to understand analysis share with you when market go down to demand zone we will see buy from that level if market go to upside then we will see sell on that level those i shared in this chart.
Remember! The Market is a Device for Transferring Money From The Impatient To The patient.
#NIFTY Intraday Support and Resistance Levels - 25/02/2025Slightly gap down opening expected in nifty. After opening if nifty starts trading below 22500 level then possible sharp downside of 150-200 points occurs in nifty. This downside rally can goes upto the 22300 level. Upside 22750 will act as a major resistance for today's session. Any upside rally can be reversal from this level.
NIFTY : Trading levels and Plan for 25-Feb-2025This analysis provides a comprehensive trading plan for the NIFTY 50 index on February 25, 2025, covering all possible opening scenarios. We will evaluate Gap-Up, Flat, and Gap-Down openings (with gaps of 100+ points) and outline clear action points, key levels, and risk management strategies. This plan is designed to help traders navigate the market with precision and discipline. 📈🔍
🔹 Scenario 1: Gap-Up Opening (100+ points)
If NIFTY 50 opens above 22,784 (a gap of 100+ points from the previous close of 22,684), it signals strong bullish momentum. This opening suggests aggressive buying interest, potentially driving prices higher.
If the price sustains above 22,784, it could target the resistance zone of 22,871–22,987. This zone is a profit-booking area where selling pressure may intensify due to historical resistance and recent highs.
If the price faces rejection at 22,871–22,987, a reversal trade could be considered, targeting a pullback to 22,710–22,684 (opening resistance and previous close).
Should the price break above 22,987 with strong momentum (e.g., high volume and bullish candlestick patterns), we might see a rally toward 23,000 or higher.
✅ Trade Plan:
✔️ Buy on a breakout and retest of 22,784 , targeting 22,871–22,987. Use a stop-loss below 22,684 to manage risk.
✔️ Short if the price rejects 22,871–22,987, aiming for 22,710–22,684. Place a stop-loss above 22,987 to limit potential losses.
Explanation: A Gap-Up opening of 100+ points reflects bullish sentiment, but chasing the gap immediately can be risky due to volatility. Waiting for a retest of 22,784 confirms bullish intent, while the resistance at 22,871–22,987 acts as a natural profit-taking zone. A rejection at this level could signal a shorting opportunity if bearish momentum builds.
🔹 Scenario 2: Flat Opening (Near 22,684–22,710)
If NIFTY 50 opens within the range of 22,684–22,710, it suggests a balanced market with no clear directional bias. This zone acts as a critical opening support/resistance area where price action could consolidate or break out.
A breakout above 22,710 could drive prices toward 22,871–22,987, signaling bullish momentum.
A breakdown below 22,684 might lead to selling pressure, targeting 22,505–22,356 (opening support and last intraday support) or even 22,400 (key support level).
✅ Trade Plan:
✔️ Buy above 22,710 , targeting 22,871–22,987. Use a stop-loss below 22,684 to protect against a false breakout.
✔️ Sell below 22,684 , targeting 22,505–22,356 or 22,400. Set a stop-loss above 22,710 to manage downside risk.
Explanation: A Flat opening often results in consolidation, making it challenging to trade without confirmation. The 22,684–22,710 range is a no-trade zone unless a decisive breakout occurs. Traders should wait for clear price action (e.g., strong candlestick patterns or increased volume) to avoid fake moves and ensure higher probability trades.
🔹 Scenario 3: Gap-Down Opening (100+ points)
If NIFTY 50 opens below 22,584 (a gap of 100+ points from the previous close of 22,684), it signals bearish sentiment and potential weakness in the market.
Immediate support lies at 22,505–22,356 (opening support and last intraday support). If this holds, a pullback toward 22,684–22,710 could occur.
If 22,505 breaks with strong selling pressure, expect further downside toward 22,240 (buyer’s support for a possible reversal).
✅ Trade Plan:
✔️ Buy near 22,505 , targeting a pullback to 22,684–22,710. Use a stop-loss below 22,356 to limit risk.
✔️ Short below 22,505 , targeting 22,240. Place a stop-loss above 22,505 to protect against a quick recovery.
Explanation: A Gap-Down opening of 100+ points indicates panic or profit-taking, but prices can rebound if support levels hold. Waiting for confirmation near 22,505 ensures the price isn’t just oversold, while a break below this level confirms bearish momentum for shorting opportunities. The 22,240 zone offers a potential reversal point if buying interest emerges.
📌 Risk Management Tips for Options Trading 💡
🛑 Always Use a Strict Stop-Loss: Protect your capital by setting stop-loss orders at key support/resistance levels to limit potential losses.
🎯 Take Partial Profits: Lock in gains at intermediate targets (e.g., 22,871 or 22,505) to secure profits while allowing room for further moves.
🕰️ Avoid Overtrading: Stick to the plan and wait for clear price action confirmation—don’t force trades in uncertain conditions.
💰 Use Proper Position Sizing: Risk only a small percentage of your capital (e.g., 1–2%) per trade to ensure longevity in the market.
📌 Summary & Conclusion 🎯
✔️ Bullish Above: 22,710 → Target: 22,871–22,987.
✔️ Bearish Below: 22,684 → Target: 22,505–22,356 or 22,240.
✔️ No Trade Zone: 22,684–22,710 (Wait for a breakout).
Trade with discipline, follow your plan, and prioritize risk management to navigate the NIFTY 50 market effectively on February 25, 2025. 🚀
⚠️ Disclaimer
I am not a SEBI-registered analyst. This analysis is for educational purposes only. Please consult your financial advisor before making any trading decisions. 📉📈
Nifty formed falling wedge on daily time frame - Towards 20,300On daily time frame, Nifty has falling wedge breakdown.
It has good support at 20,550 on weekly closing base.
Below 20,550 it will have following targets possible,
22,000 / 21,680 / 21,300 / 20,900 / 20,600 / 20,300
Technically 20,300 possible to fill gap on day time frame.
NIFTY : Trading levels and Plan for 24-Feb-2025NIFTY 50 Intraday Trading Plan – 24-Feb-2025
This analysis provides a comprehensive trading plan for the NIFTY 50 index on February 24, 2025, covering all possible opening scenarios. We will evaluate Gap-Up, Flat, and Gap-Down openings (with gaps of 100+ points) and outline structured action points, key levels, and risk management strategies. This plan is designed to help traders navigate the market with clarity and discipline. 📈🔍
🔹 Scenario 1: Gap-Up Opening (100+ points)
If NIFTY 50 opens above 22,987 (a gap of 100+ points from the previous close of 22,887), it indicates strong bullish momentum. This opening suggests buyers are aggressively entering the market, potentially driving prices higher.
If the price sustains above 22,987, it could target the resistance zone of 23,138–23,300. This zone is a profit-booking area where selling pressure might emerge due to historical resistance.
If the price faces rejection at 23,138–23,300, a reversal trade could be considered, targeting a pullback to 22,764–22,887 (the previous close and support zone).
Should the price break above 23,300 with strong momentum (e.g., high volume and bullish candlestick patterns), we might see a rally toward 23,400 or higher.
✅ Trade Plan:
✔️ Buy on a breakout and retest of 22,987 , targeting 23,138–23,300. Use a stop-loss below 22,887 to manage risk.
✔️ Short if the price rejects 23,138–23,300, aiming for 22,764–22,887. Place a stop-loss above 23,300 to limit potential losses.
Explanation: A Gap-Up opening reflects optimism, but chasing the gap immediately can be risky. Waiting for a retest of 22,987 ensures confirmation of bullish intent, while the resistance at 23,138–23,300 acts as a natural profit-taking zone. A breakdown from this resistance could signal a false breakout, offering a shorting opportunity.
🔹 Scenario 2: Flat Opening (Near 22,764–22,887)
If NIFTY 50 opens within the range of 22,764–22,887, it suggests a balanced market with no clear directional bias. This zone acts as a critical opening support/resistance area where price action could consolidate or break out.
A breakout above 22,887 could drive prices toward 23,138–23,300, signaling bullish momentum.
A breakdown below 22,764 might lead to selling pressure, targeting 22,510 (last intraday support) or even 22,235–22,156 (buyer’s support zone).
✅ Trade Plan:
✔️ Buy above 22,887 , targeting 23,138–23,300. Use a stop-loss below 22,764 to protect against a false breakout.
✔️ Sell below 22,764 , targeting 22,510 or 22,235–22,156. Set a stop-loss above 22,887 to manage downside risk.
Explanation: A Flat opening often leads to consolidation, making it tricky to trade without confirmation. The 22,764–22,887 range is a no-trade zone unless a decisive breakout occurs. Traders should wait for clear price action (e.g., strong candlestick patterns or increased volume) before entering positions to avoid fake moves.
🔹 Scenario 3: Gap-Down Opening (100+ points)
If NIFTY 50 opens below 22,664 (a gap of 100+ points from the previous close of 22,887), it signals bearish sentiment and potential weakness in the market.
Immediate support lies at 22,510–22,400 (last intraday support). If this holds, a pullback toward 22,764–22,887 could occur.
If 22,510 breaks with strong selling pressure, expect further downside toward 22,235–22,156 (buyer’s support zone).
✅ Trade Plan:
✔️ Buy near 22,510 , targeting a pullback to 22,764–22,887. Use a stop-loss below 22,400 to limit risk.
✔️ Short below 22,510 , targeting 22,235–22,156. Place a stop-loss above 22,510 to protect against a quick recovery.
Explanation: A Gap-Down opening indicates panic or profit-taking, but prices can recover if support levels hold. Waiting for confirmation near 22,510 ensures the price isn’t just oversold, while a break below this level confirms bearish momentum for shorting opportunities.
📌 Risk Management Tips for Options Trading 💡
🛑 Always Use a Strict Stop-Loss: Protect your capital by setting stop-loss orders at key support/resistance levels to limit potential losses.
🎯 Take Partial Profits: Lock in gains at intermediate targets (e.g., 23,138 or 22,510) to secure profits while allowing room for further moves.
🕰️ Avoid Overtrading: Stick to the plan and wait for clear price action confirmation—don’t force trades in uncertain conditions.
💰 Use Proper Position Sizing: Risk only a small percentage of your capital (e.g., 1–2%) per trade to ensure longevity in the market.
📌 Summary & Conclusion 🎯
✔️ Bullish Above: 22,887 → Target: 23,138–23,300.
✔️ Bearish Below: 22,764 → Target: 22,510 or 22,235–22,156.
✔️ No Trade Zone: 22,764–22,887 (Wait for a breakout).
Trade with discipline, follow your plan, and prioritize risk management to navigate the NIFTY 50 market effectively on February 24, 2025. 🚀
Accumulation Zone Activated in Nifty 50As we discussed before 1 month
Nifty react as well as my Analysis
🔍 Nifty 50 Analysis – Here’s a detailed breakdown of the chart and its implications:
⚔️Key Observations
📌 1. Accumulation Zone (22,625 - 22,821) ✅
🔹 This zone is a "best price range for long-term investment."
🔹 Historically, accumulation zones indicate a potential demand area where institutional buyers may step in.
🔹 If the index holds this level, we could see an upward movement 📈.
📌 2. Strong Resistance Zone (23,050 - 23,178) ❌
🔹 The chart suggests this area is a potential reversal point.
🔹 If Nifty reaches this level, profit booking or selling pressure may emerge.
🔹 A breakout above this zone could signal further bullish momentum 🚀.
📌 3. Projected Price Action (Wave Structure) 🔄
🔹 The pattern (A → D → F) suggests a possible bounce from accumulation to resistance.
🔹 If resistance is broken, Nifty could rally further.
📊 Trading Strategy
✅ Bullish View:
🔹 If Nifty holds above 22,625, it could move toward 23,050 - 23,178.
🔹 A breakout above 23,178 may signal a continued uptrend 🚀.
❌ Bearish View:
🔹 A breakdown below 22,625 could lead to further declines 📉.
🔹 If this happens, new support levels need to be identified.
⚠ Disclaimer: I am not a SEBI-registered analyst. Stock markets are subject to market risks. Please do your own research before investing. 📢📊
#NIFTY Intraday Support and Resistance Levels - 24/02/2025Flat or slightly gap down opening expected in nifty. After opening important level is 22750. In case nifty starts trading below this support level then possible strong downside rally in index upto 22550 in today's session. Any upside rally only expected if nifty sustain above 22800 support level. Upside 23000 level will act as a strong resistance for any bullish side rally.
$NIFTY in a bearish pattern but downturn still not completeThe international markets like ICMARKETS:STOXX50 and IG:HANGSENG are experiencing a positive momentum and 20-Day is above the 50-Day, 100-Day SMA and 200-Day SMA. This indicates a bullish momentum in European and Chinese stock market. In contrast Indian index NSE:NIFTY which was a favorite trade in 2023 and 2024 has been underperforming with all the SMA below the 200-Day SMA indicating a bearish pattern.
In the chart we have plotted an upward sloping Fib retracement level with Covid Lows as the bottom and prior to Covid as the top. In this upward sloping FIB retracement levels, we see that the index has very much stayed within the upper and the lower bound of the upward sloe. The recent crash has also not violated the lower bound. But the NSE:NIFTY is 3.618 Fib Level which is exactly @ 22796. If index levels respect the FIB Channel then there is some more downside to the index left until it reaches 22000 at the bottom of the range. My opinion we should be long NSE:NIFTY @22000. What are your thoughts?
Long NSE:NIFTY @ 22000 level.
Nifty Market Update: Bears Are in Control – A Rough Ride Ahead?The Nifty closed at 22,795 this week, down by 134 points from the previous week’s close, with a high of 23,049 and a low of 22,720. The formation of a Gravestone Doji candle indicates that the market is firmly under the control of the bears, signaling potential weakness ahead. As forecasted last week, Nifty moved within the range of 23,450 to 22,400, aligning perfectly with my predictions.
Looking ahead to next week, I expect Nifty to trade between the 23,300 to 22,250 range. While 22,300-22,400 offers a strong support zone, if the index slips below 22,250, it could test the WEMA100 at 22,050, which could offer some relief.
Digging deeper, I analyzed the Nifty50 monthly chart from 2004 onwards and noticed a recurring pattern: whenever Nifty closes below the monthly EMA21, it tends to test the EMA50, which currently stands at 19,450. If this month’s close is below 22,400, we could be heading toward 19,450, so brace yourselves for what could be a bumpy ride ahead.
On the international front, the S&P 500 is showing signs of forming a bearish M-pattern, a negative signal for the broader market. This is troubling news for Indian markets, which are already under pressure. From the current level of 6,013, a 1.5% correction could see the index testing support levels around 5,900.
The battle between bears and bulls continues, but for now, I believe the bears still have the upper hand. Stay cautious and keep a close watch on market movements – volatility is here to stay!
What's happening in Indian Stock Market-Nifty Update 21 Feb 2025Hello Members,
Checkout the latest update on what's is happening in India Stock Market and when will the correction in market gets over. Checkout the levels and also do not forget to watch watch our previous videos for better understanding the levels
#NIFTY Intraday Support and Resistance Levels - 21/02/2025Gap down opening possible in nifty near the 22800 level. After opening important support for nifty is 22750-22800 range. Major downside expected in nifty in case it gives breakdown of this level and starts trading below 22700. This downside can goes upto 22500 level in today's session. Any bullish rally only expected above 23050 level.
#NIFTY Intraday Support and Resistance Levels - 20/02/2025Today will be flat opening expected in nifty. After opening possible nifty can consolidated in between 22950-23050 level. Any major movement only expected either breakout of 23050 level or downside of 22950 level. Downside 22800 will act as a important support for today's session. Below this support level sharp downside rally expected.
NIFTY : Trading levels and Plan 20-Feb-2025We will analyze three possible opening conditions and strategize accordingly. Key levels are marked for better decision-making.
🔹 Scenario 1: Gap-Up Opening (100+ points)
If NIFTY opens above 23,008 (last intraday resistance):
Sustaining above 23,008 can lead to an upside move towards 23,158 - 23,191 (Profit Booking Zone). If price sustains above this, we may see further bullish momentum.
Watch for rejection at 23,158-23,191—a reversal here could trigger selling pressure, providing a shorting opportunity with a target back to 23,008.
Aggressive traders can look for quick scalping opportunities on breakouts with strict stop-loss.
✅ Trade Plan:
✔️ Buy on breakout & retest of 23,008, targeting 23,158 - 23,191.
✔️ Short if price rejects 23,158-23,191, aiming for 23,008.
⚠️ Risk Tip: If price consolidates near 23,008, avoid trading immediately—wait for a strong direction confirmation.
🔹 Scenario 2: Flat Opening (Near 22,954 - 22,914)
If NIFTY opens within the 22,914 - 22,954 zone (Opening Resistance/Support), this could act as a No Trade Zone due to potential choppiness.
A decisive breakout above 22,954 can lead to a move towards 23,008 and higher levels.
A breakdown below 22,886 (Opening Support) could trigger selling towards 22,795.
✅ Trade Plan:
✔️ Buy above 22,954, targeting 23,008 and 23,158.
✔️ Sell below 22,886, targeting 22,795.
⚠️ Risk Tip: Avoid trading inside the No Trade Zone (22,895 - 22,949) unless a clear breakout happens with strong volume.
🔹 Scenario 3: Gap-Down Opening (100+ points)
If NIFTY opens below 22,795, it signals weakness.
Immediate support exists at 22,740 - 22,758 (Last Intraday Support). If this holds, expect a possible pullback towards 22,886 - 22,914.
If 22,740 breaks, expect further downside towards 22,636 (Buyer’s Support).
✅ Trade Plan:
✔️ Buy near 22,740, targeting a pullback to 22,886 - 22,914.
✔️ Short below 22,740, targeting 22,636 and lower.
⚠️ Risk Tip: In a gap-down scenario, watch for consolidation before entering. A weak opening doesn’t always mean immediate selling—wait for confirmation.
📌 Risk Management Tips for Options Trading 💡
🛑 Always use a strict stop-loss to protect capital.
🎯 Take partial profits at key levels to secure gains.
🕰️ Avoid overtrading—wait for clear price action confirmation.
💰 Use proper position sizing to manage risk.
📌 Summary & Conclusion 🎯
✔️ Bullish Above: 23,008 → Target: 23,158 - 23,191.
✔️ Bearish Below: 22,886 → Target: 22,795 - 22,740.
✔️ No Trade Zone: 22,895 - 22,949 (Wait for breakout).
Trade with a plan, manage risk wisely, and stay disciplined. ✅🚀
⚠️ Disclaimer
I am not a SEBI-registered analyst. This analysis is for educational purposes only. Please consult your financial advisor before making any trades. 📉📈