#NIFTY Intraday Support and Resistance Levels - 04/08/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19430 level and then possible upside rally up to 19550 in today's session. in case nifty trades below 19390 level then the downside target can go up to the 19270 level.
Niftypredictions
#NIFTY Intraday Support and Resistance Levels - 03/08/2023Nifty will be FLAT opening in today's session. After opening nifty sustain above 19550 level and then possible upside rally up to 19660 in today's session. in case nifty trades below 19500 level then the downside target can go up to the 19390 level.
#NIFTY Intraday Support and Resistance Levels - 02/08/2023Nifty will be gap down opening in today's session. After opening nifty start trading below 19720 level and then possible downside rally up to 19620 in today's session. in case nifty trades above 19760 level then the upside target can go up to the 19870 level.
BANKNIFTY ANALYSIS FOR MONDAY 31ST JULY-FOR EDUCATION PURPOSEBANKNIFTY ANALYSIS FOR MONDAY 31ST JULY-FOR EDUCATION PURPOSE
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered advisor.
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BANKNIFTY/NIFTY ANALYSIS FOR TUESDAY 11TH JULY-FOR EDUCATION PURBANKNIFTY/NIFTY ANALYSIS FOR TUESDAY 11TH JULY-FOR EDUCATION PURPOSE
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor.
@vijayanjum
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BANKNIFTY/NIFTY ANALYSIS FOR FRIDAY 7THJULY-FOR EDUCATION PURPOSBANKNIFTY/NIFTY ANALYSIS FOR FRIDAY 7THJULY-FOR EDUCATION PURPOSE
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor.
@vijayanjum
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BANKNIFTY/NIFTY ANALYSIS FOR WEDNESDAY5TH JULY-FOR EDUCATION PURBANKNIFTY/NIFTY ANALYSIS FOR WEDNESDAY5TH JULY-FOR EDUCATION PURPOSE
BANKNIFTY
If BankNifty sustain the level of 45200 THEN 45300-45400-45500-45600 level can be achieved.
If BankNifty break down 45200 and break 45100 then 45000-44900-44800.
NIFTY:-
DAILY TARGET:-
If Nifty sustain the level of 19350 THEN 19400-19425-19450-19475 level can be achieved.
If Nifty break down 19350 and break 19300 then 19275-19250-19225-19200.
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor.
@vijayanjum
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BANKNIFTY/NIFTY ANALYSIS FOR FRIDAY 30TH JUNE -FOR EDUCATION PURBANKNIFTY/NIFTY ANALYSIS FOR FRIDAY 30TH JUNE -FOR EDUCATION PURPOSE
BANK NIFTY:-
If BankNifty sustain the level of 44300 ,then 44400-44500-44600 level can be achieved.
If BankNifty break down 44250spend time below then 44200-44100-44000-43900-43800
NIFTY:-
If Nifty sustain the level of 18950 then 19000-19025-19050-19075 level can be achieved.
If Nifty break down 18900 spend time below then 18875-18850-18825
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor.
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NIFTY |NIFTYPREDICATIONTOMMROW|NIFTYANALYSIS FOR MONDAYIf Nifty sustain the level of 18500 and spend time and break 18515, then 18550-1875-18600
If Nifty break down of 18500 spend time and break down 18450, then Nifty 18400-18375-18350
This video is for educational purpose and my personal view .We are SEBI registered Advisor,we only give the level on our practical trading experience.
Kindly take the trade according to your risk and reward position and consulting your advisor.
NIFTY 50 for tomorrow - 10 November 2022NIfty50 opened with a gap today, you already had an idea of such an opening as I have mentioned in my previous post, that there are high chances of either gap up or gap down opening.
Nifty opened above the resistance zone of 18250, though did not sustain the move in the first 15 min and formed the same open high bear candle, making it obvious that it will be moving towards your next support levels @ 18166- 18160.
Since nifty50 did not hold the highs in the first 15 minutes and formed a weak candle the same candle high would now act as resistance for tomorrow i.e 18288-18296
Now today's move again suggests either a gap up or gap down opening tomorrow.
Now if it sustains 18150 levels, it might test today's high i.e 18296
and if it opens below 18150 or did not sustain the same level in the first 15 minutes, it most probably is moving towards NIfty 50 positional support at 17850-17950.
Opening: Gap up or Gap down
Volatility: High
Support: 18150 and 17950-17850
Resistance: 18288- 18300
Nifty Levels & Strategy for 18/Oct/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
NIFTY
Nifty has performed really well. Nifty as well as Bank Nifty range is slowly shifting in upward direction. FIIs have heavily added bullish positions in F&O contracts, US market is trading in green today and majority of the retail traders did exactly opposite to what FIIs did. May GOD bless retail traders. Please don't get carried away in one direction & work level by level with strict stoploss.
We have to be patient enough to make some money and follow our rules without fail. Shall we look for buy on dips near major support levels & sell on rise opportunities if you get good trading setup ????? Yes, I think so. What do you think?????
NIFTY SCORECARD DATED 17/OCT/2022
NIFTY IS UP BY 126 POINTS
Name Price Previous Day Change % Change
Nifty 17312 17186 126.10 0.73%
India VIX 18.42 18.26 0.16 0.88%
OPTION STATISTICS BASED ON 20/OCT/2022 EXPIRY DATA
Max OI (Calls) 17300 (Open Interest: 6779000, CE LTP: 127.85)
Max OI (Puts) 17000 (Open Interest: 6134000, PE LTP: 33.85)
PCR 1 (PCR is in sideways zone )
Nifty Calls:
ATM: Long Buildup, OTM:Long Buildup, ITM:Long Buildup, FAR OTM:Long Liquidation
Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
Please do share your comments. Let us work & win together. Have a very happy, healthy & profitable day ahead!
NSE:NIFTY Analysis/Prediction for tomorrow 12-08-2022NSE:NIFTY Analysis/Prediction for tomorrow 12-08-2022
for flat/Gap-UP opening
🟢 Buy CE above 17720
✔️ Target Should be 17795
🔴 Buy PE below 17640 or near 17700
✔️ Target Should be 17550, 17490, 17350
for Gap-Down opening
🟢 Avoid CE
🔴 Buy PE near 17640
✔️ Target Should be 17490, 17350
Important Notes:
🚨 Gap-UP & Gap-Down more than 100 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 60 points wait for a pullback.
⚠️ Wait for the 5-minute candle to close for confirmation.
⚠️ Trade Like Either SL or Target.
⚠️ Important: Always maintain your Risk & Reward Ratio.
Disclaimer:
I am not SEBI Registered Advisor.
My posts are purely for training and educational purposes.
Nifty 50 Intraday Trade Setup for 12th June 2022Nifty 50 Index ended flat on Monday amid selling pressure in IT shares, after TCS’s quarterly performance fell short of Street estimates. Investors await more of financial results from India Inc for domestic cues. Index traded in the range during the first half and shoot up nearly 130 points from the day's low before erasing some of the gains.
Intraday
The index is taking support from a dynamic trendline. Upward momentum will continue above 16,300. Breaking of the trendline will indicate loosing of upward momentum and we will consider shorting below 16,160 for a target of 16,110 if the index sustains below 16,100 next target will be 16,000.
Daily Time Frame
=================
Continuing from yesterday’s analysis, the XABCD pattern is activated.
Key levels:
Resistance: 16,450/500 (Harmonic PRZ)
Support: 15,950
Nifty Futures Key Trading Level for 1st Nov 2021Nifty Futures Key Trading Level for 1st Nov 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty50 Prediction & Analysis [11 Aug 2021]Nifty50 Prediction and Analysis For Tomorrow
Nifty50 Spot Levels to watch out for trading on 10th Aug 2021
Long Opportunity:
1. Price breaks out of 16300 and retests the level again is good support to go long
Short Opportunity:
1. Gap down opens below 16200 and stays below 16200 for some time and retested back the 16200 levels is a good resistance zone to short Bank Nifty.
Nifty Intraday Trade setup for 17th of August 2020Good Morning everyone,
Hope you guys are doing great and making some money from the stock market.IIn the Friday trading session we had seen a free fall move-in downside from the resistance area. This move was accepted and due to the last week. The main question is does this fall will continue in today's trading session or we will see a short-covering in today's Trading session. Let's see the key factors for today's trading session.
Key Factors
==============
1-PM said that mammoth steps have been taken to make the country self-reliant in the defense sector, import of more than 100 military equipment has been stopped. From missiles to light military helicopters, from assault rifles to transport aircraft all will be made in India.
2-Russian President greeted the Indian Govt on 74th Independence Day, *India rightfully enjoys high prestige among the international community, and the success achieved by India in economic, social and other spheres is widely acknowledged.
3-The Govt withdraw a controversial tweet that talked about a proposal to bring transactions under the income tax scanner. The tweet was put up by mygovindia. According to the tweet, the Govt proposed to include life insurance premium above Rs 50,000, health insurance premium over Rs 20,000, foreign travel, education-related fees, and donations above Rs 100,000 in a year in the list of Statement of Financial Transactions. Other transactions proposed to be included are the purchase of white goods, jewelry and paintings over Rs 100,000, and Demat accounts and bank lockers.
4-ivatives of crude oil, their prices move in tandem with crude oil prices. Polyplex group’s profitability margins remain susceptible to any adverse movement in the prices of raw materials. The overseas subsidiaries of PCL have availed term borrowing denominated in EURO and USD and hence remain exposed to foreign currency fluctuation on the payment date. Thus the company is exposed to forex risk on account of any adverse movement in the foreign currencies. In this quarter foreign currency gain was recorded around INR 106 Cr
5-The next few months will be "critical" for the country in the bid to revive economic activity and further fiscal measures may be warranted to ensure that recovery gathers pace, Niti Aayog Vice-Chairman said.
6-India’s exports contracted by 10.2% in July, as the trade of major foreign-exchange earners such as petroleum, gems, electronics, and textiles remained subdued.
7-India has recorded over 65,600 coronavirus cases in the past 24 hours, taking its total to 2,525,222. With over 1,000 fatalities reported on Friday, India's death toll has surged to 49,134.
Technical View
================
One thing is clear that Index is now in the correction phase but the main question is what will our entry in Intraday and what position we will prefer. Well, Index is gonna more volatile for today's trading session and we can see a gap up Opening today. 11250-11270 is the Intraday Resistance, and a correction is accepted from here. Nifty Major Resistance area is 11360.
Nifty Major support is on 10875 and Intraday support sits on 11025..
Trade Setup
=======================
There is no buy position in today's trade setup. We, Risky Trader, can open a short if see any gap up or the first hour up move and Index tests 11250-11270 with 11300 stop loss. Safe Traders can wait the first 30 minutes and mark the high lows of first 30-minute candle and setup trade on it.
Disclaimer: I am not a SEBI Registered Research Analyst and all the information provided here is for educational purposes Views are shared based on market research and study and personal in nature. Others can take different views and opinions.
Good Luck and Happy Trading
Virendra Pandey
NIFTY - SGX UP more than 300 points Seeing the Sgx nifty, we can expect nifty to opens gap up.
Tomorrow, If we see nifty opens gap up by 300 points or so, at 9560 it could take a halt for a while and can move towards 9700 levels.
And if it opens above 9770 then it can take support at 9550 levels and then move towards 9700 levels.
Major support for gap up opening is around 9400 -9380 levels
Nifty 50 Intraday & Expiry Day Trade Setup for 07th may 2020Good Morning everyone,
Hope you all are doing good and making money from my ideas, Yesterday we had seen short covering , Index is still weak and trading on an edge. Buying side is still risky and Index has taken support from 9100 area and made high 9346.50 but failed to sustain and close on 9270.90.Bear is still strong . India’s Chief Economic Adviser KV Subramanian said stimulus was expected ‘soon’ but it would not as big as demanded by industry, ‘as there is nothing called free lunch in economics
Key Factors
===================
1- SGX Nifty is trading on a negative note. Currently trading on 9149.5 which is 105.5 down from Previous day.
2-the Dow Jones Industrial Average was up 60.78 points, or 0.25 per cent, at 23,943.87, the S&P 500 was up 10.94 points, or 0.38 per cent, at 2,879.38 and the Nasdaq Composite was up 97.84 points, or 1.11 per cent, at 8,906.96.
3- Crude Oil is still steady and showing strength in mid time frame.
4--European STOXX 600 index rose 0.1 per cent as healthcare stocks gained on the back of better-than-expected quarterly results from Denmark's Novo Nordisk and German dialysis specialist Fresenius Medical Care.
5- FII sold -493.6 crore and DII buy 322.47 Crore
Technical View
====================
Lets talk for SGX nifty first. Nifty is almost on neck line on a H&S pattern. This is a major support and can be see a free fall dump if neck line broken.
Nifty Intraday Resistance 9450 and support is on 9100 also Nifty key Resistance is on 9850 and support on 8900. Nifty50 also Trading near on H&S Neck line (9130)
Trade Setup
================
A : Long Position can build only and only if Index sustain 9350.
B: Short position can build lower then 9100 Level
Note : Due to expiry we will follow today intraday ranges which is 9450 to 9100. Idea trade is option writing and you guys need be watch 9300 CE and 9000 PE for 7 may expiry .. Both will be zero at the end of the day.
Disclaimer: I am not a SEBI Registered Research Analyst and all the information provided here is for educational purposes Views are shared based on market research and study and personal in nature. Others can take the different view and opinions.
Good Luck and Happy Trading
Virendra Pandey
Nifty Intraday Trade Setup for 05th May 2020Good Morning everyone,
Yesterday was an awesome day ,we did good in Intraday and made a handsome profit in the bear Market but Question is it going to fall again, and what will our setup for today?
Key factors
============
1- Nifty future is showing strength in SGX and on Oanda Exchange. Almost 1.65% ( 153.50) Up
2- US30(DOW) is still looking good in this Morning and trading on 23990 which is almost 0.90% up from the Previous day..
3- NEW DELHI: Panicked by rising tensions between the US and China, even as world economies struggle to come back to normalcy, domestic indices joined global peers and tanked in the opening trade on Monday.
US and China, which barely reached a deal last year to end the 18-month old trade war, are now engaged in another tussle threatening more pressure on world economies and hurting the market sentiments back home.
The spat over the origin of the coronavirus put the brakes on optimism about an economic re-start even as cou ..
4- March quarter earnings so far have disappointed investors on Dalal Street. On Thursday, Reliance IndustriesNSE -2.10 %, Hindustan UnileverNSE -5.12 % and Tech Mahindra joined peers who missed Street estimates, acting as a dampener when markets reopened after an extended weekend.
5-The second extension of the lockdown, which will be into force till May 17, eased restriction into certain areas but analysts feared supply side disruptions.
6-Globally, the dollar inched higher, stock markets struggled for traction and oil fell. In reduced trade, with China and Japan on holiday, US stock futures fell 1.7 per cent and U.S. crude tumbled 7 per cent. The safe-haven U.S. dollar rallied to one-week highs against the risk sensitive Australian and New Zealand dollars.
7-Foreign (FIIs) and domestic institutional investors (DIIs) sold shares worth Rs 1,373.98 crore and Rs 1,661.61 crore, respectively, in the Indian equity market on May 4, provisional data available on the NSE showed.
Technical View
---------------------------
Nifty Major Resistance Area is on 9600 then 9857 and support is on 8900. Nifty already has break the previous support is on 9330 and manage to close lower then it which is a clear sign for bear for this week. Keep an eye on 8900 if Nifty not sustain on this level then we can see 7400 again.
Trade Setup
------------------
A: Long Position is still risky and consider 9450 only so wait for this level to come.
B : Short is bit tricky and I am getting 2 short levels.
1- If you see any gap up opening and index test 9350-9400 then open a short with 9450 sl . Try to sell from top .
2- Second sell level come bellow then yesterday low which is 9264.
Disclaimer: I am not a SEBI Registered Research Analyst and all the information provided here is for educational purposes Views are shared based on market research and study and personal in nature. Others can take the different view and opinions.
Good Luck and Happy Trading
Virendra Pandey
Nifty Intraday Trade Setyp for Wednesday 29th April 2020Good Morning sir's,
Hope you all are doing good. Yesterday was an awesome day and we have made good profit in Nifty.. In today Morning SGX and Onanada both are trading on a flat note in Nifty future so there is chances our nifty will also open a small gap up or Gapdown. yesterday Nifty has closed almost on their resistance. Yesterday move has made Bearish Gartley Pattern Harmonic pattern in 15 minute time frame. I know small time is risky when draw the harmonic but you also need to remember these are fib levels and always be respect...
Key Factors
==============
1- Dow Jones files rose on Tuesday after a string of energetic quarterly reports ..the Dow Jones Industrial Average was up 188.54 focuses
2- Crude oil is still weak
3- Indian rupees stable
4- According to option chain data Nifty range will be 9500 to 9300 for Intraday
Resistance and support and technical view
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Nifty is making a rising wedge in daily time frame which is a bearish breakdown pattern and range is getting smaller and smaller in upside. Nifty major resistance area is 9656-9878 as per my calculation.
Intraday Trade Setup
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Buy : Well buying in future and in options both are risky today because most of chances index will trade in a narrow range today but in case nifty cross 9450 then risky traders can build a long position for 30-50 Points. Today in writers day.
Sell : Intraday support is lower then 9300 and seller must consider this level to open a short Position if nifty break it.
Disclaimer: I am not a SEBI Registered Research Analyst and all the information provided here is for educational purposes Views are shared based on market research and study and personal in nature. Others can take the different view and opinions.
Good Luck and Happy Trading
Virendra Pandey
Nifty Intraday and weekly Expiry Trade setupGood Morning sir's
Hope you all did good in yesterday Trading session. Our Trade setup work perfectly. Yesterday Index closed 2.29% in upside . Remember today is expiry day I called this day as " Writers day" . I Think Index will be trade in a range today if we talk bases on yesterday sentiment then most of you're bullish but as I always said everyday is different then others in Intraday so do not come on next day on previous day sentiment...
Key Factor
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A: SGXNIFTY trading almost 0.63% up in thoday Morning..
B: Dow closed 1.99% above from previous day..
C: Crude is still weak. Trading 1.35% lower from previous day..
Let's see how our market will be react today on the above Scenario
Nifty Intraday Resistance is 9400 and support is on 8700.
Trade Setup
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Buy
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A : Build a Long above 9270. Stop loss should be 9180 closing basis.
Sell
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B: Sell if 9040 break in Intraday . Stop loss should be 9190
Note : Wait for first 30 minute to get the Index settle. These Levels are based on previous data and can destroy on Huge Gap up or gap down so wait first 30 minute and observe the Index move. Will update More in live market...
Good Luck and Happy trading