NIFTY INTRADAY LEVELS FOR 11/07/2024BUY ABOVE - 24350
SL - 24300
TARGETS - 24440,24500,24570
SELL BELOW - 24300
SL - 24350
TARGETS - 24230,24160,24060
NO TRADE ZONE - 24300 to 24350
Previous Day High - 24440
Previous Day Low - 24160
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.
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HAPPY TRADING 👍
Niftytradesetup
Nifty_Intraday (11-Jul-2024)The image you provided is a TradingView screenshot showing a 15-minute candlestick chart of the Nifty 50 index from July 9 to July 11. This chart features several technical details:
Date and Time: The chart includes timestamps, helping to track price movements throughout the trading days depicted.
Exponential Moving Average (EMA): A 20-period EMA is plotted, which helps in determining the trend and potential support or resistance areas.
Trading Signals:
-Buy Signal: There's a green arrow pointing upwards with the annotation "Buy Above 24375 Tgt Open for 24500+". This indicates a potential bullish breakout strategy where buying is recommended above 24,375 with an open target extending towards 24,500 or beyond.
-Sell Signal: A red arrow points downwards with the annotation "Sell Below 24250 Tgt 24000-". This suggests a bearish strategy recommending selling below 24,250 aiming for a target around 24,000.
Nifty Intraday (10-Jul-2024)The image displays a chart for the Nifty 50 index from the National Stock Exchange of India, showing intraday movements on a 15-minute time frame. The chart includes details such as:
Date and Time: Published on July 9, 2024, at 18:55 IST.
Index Information: The Nifty 50 Index is shown at various prices, with the current price being 24,417.25, down by 16.80 points.
Technical Analysis: There's a 20-period Exponential Moving Average (EMA) indicated at 24,401.59.
Trading Recommendations:
-Buy Signal: A green arrow points upwards with a note to "Buy Above 24450" targeting an open position above 24,550.
-Sell Signal: A red arrow points downwards suggesting to "Sell Below 24375" with a target (Tgt) of 24,275 or lower.
Nifty Intraday (09-Jul-2024)Description:
Explore intraday trading analysis for Nifty 50. We've identified critical buy and sell levels based on the latest candlestick patterns and EMA trends.
Buy Signal: Consider a long position if Nifty 50 rises above 24,350, with an open target of 24,450+. This move suggests bullish momentum could extend further, offering a potential profit opportunity.
Sell Signal: A short position is advisable if the index drops below 24,265, targeting 24,150-. This setup is based on recent resistance and the potential for downward continuation.
Chart Details:
-Time Frame: 15 minutes
-Indicator: 20-period Exponential Moving Average (EMA)
Trading Strategy:
The strategy utilizes precise entry and exit points to capitalize on short-term price movements. Risk management through stop-loss orders at strategic levels is recommended to minimize potential losses.
Nifty Intraday (08-Jul-2024)It looks like you have provided a trading chart for Nifty 50 Index with specific trading signals for July 8th. Here are the key details from the chart:
Buy Signal:
-Trigger: Above 24,350
-Target: Open for 24,450+
Sell Signal:
-Trigger: Below 24,265
-Target: 24,150-
The chart uses a 15-minute timeframe and shows the price action along with an EMA (20) indicator.
Down by 55% now, one should you buy or avoid it !Here in Aavas Financiers are already declined by 55% in the last few months and currently trading at the 1353 level with strong support at 1335 & 1330. Look like it will take reversal from this level now and again fly high for a strong target as below :
Buy Above 1385 level on a closing basis
Target 1 - 1510
Target 2 - 1588
Target 3 - 1700
Strict Stop loss - 1300
Please consult your financial advisor before taking any trade on my analysis.
Nifty Intraday (05-Jul-2024)The image is a chart displaying the 15-minute price movements of the Nifty 50 Index for July 3rd and 4th, 2024. It includes technical analysis with marked buy and sell signals:
-Buy Signal: A suggestion to buy above 24,350 with a target open for 24,450 or more.
-Sell Signal: A recommendation to sell below 24,275 with a target of 24,125 or lower.
The chart also shows the 20-period Exponential Moving Average (EMA), which helps traders gauge the trend direction and potential support or resistance levels.
NIFTY INTRADAY ANALYSIS FOR 4TH JULY 2024BUY ABOVE - 24300
SL - 24230
TARGETS - 24380,24450,24520
SELL BELOW - 24230
SL - 24300
TARGETS - 24160,24060,23990
NO TRADE ZONE - 24230 to 24300
Previous Day High - 24300
Previous Day Low - 24230
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 50 INTRADAY TRADING SETUP FOR TOMORROW 04.07.2024Disclaimer - 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.
HDFC BREAKOUT Hi guys,
Its me Guruzzz
HDFC Breakout
A "breakout" in the context of stock trading typically refers to a situation where the price of a stock moves above a resistance level or below a support level with increased volume. For HDFC (Housing Development Finance Corporation), a breakout could signify a significant upward or downward movement in the stock price, suggesting potential buying or selling opportunities for traders.
Indicators of a Positive Breakout:
Price Movement: If HDFC’s stock price breaks above a key resistance level, it indicates a bullish trend.
Volume: Increased trading volume during the breakout confirms the strength of the movement.
Technical Indicators: Positive signals from technical indicators such as moving averages, RSI (Relative Strength Index), and MACD (Moving Average Convergence Divergence) can support the breakout.
Positive Words About HDFC
Strong Financial Performance:
Consistent Growth: HDFC has demonstrated consistent growth in revenue and profitability over the years, reflecting its robust business model and strategic vision.
Solid Asset Quality: The company's focus on maintaining a high-quality loan portfolio has ensured minimal non-performing assets (NPAs), contributing to financial stability.
Market Leadership:
Industry Leader: HDFC is a market leader in the housing finance sector in India, with a strong presence and extensive reach across the country.
Reputation and Trust: The brand is synonymous with trust and reliability, having established a strong reputation among customers and stakeholders.
Innovation and Adaptability:
Technological Innovation: HDFC has been at the forefront of adopting technology to enhance customer experience, streamline operations, and improve efficiency.
Product Diversification: The company offers a wide range of financial products and services, catering to various customer needs and preferences.
Strong Management Team:
Experienced Leadership: HDFC's leadership team comprises experienced professionals with a deep understanding of the financial industry, driving the company's strategic initiatives.
Visionary Strategies: The management's forward-thinking strategies have enabled HDFC to navigate market challenges and capitalize on growth opportunities.
Corporate Governance and Social Responsibility:
Robust Governance: HDFC adheres to high standards of corporate governance, ensuring transparency, accountability, and ethical practices.
Social Impact: The company is committed to corporate social responsibility (CSR) initiatives, contributing to social development and community welfare.
Conclusion
HDFC's breakout indicates potential positive momentum in its stock price, driven by strong financial performance, market leadership, innovation, experienced management, and commitment to corporate governance and social responsibility. These attributes make HDFC a reputable and reliable company in the financial sector.
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.
NIFTY INTRADAY LEVELS FOR 3rd JULY 2024BUY ABOVE - 24160
SL - 24060
TARGETS - 24240,24330,24450
SELL BELOW - 24060
SL - 24160
TARGETS - 23990,23900,23800
NO TRADE ZONE - 24060 to 24160
Previous Day High - 24240
Previous Day Low - 24060
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 - Trend ContinuationAs it happens there seems to be some strength left in the bullish cycle.
This is based on the fact that the trendlines that were resisting till now can't hold it anymore & need much stronger resistance which is where the market is headed (to 24,300 levels)
All of this analysis is attributed to the development of interim weekly correction that collapsed the overall wave analysis done earlier (it calls for an additional 3 waves --> UP-DOWN & UP)
Strategy:
Long only if the market stays above 23,680 with a limited position only
SL: 23,620
Nifty Intraday (02-Jul-2024)An intraday trading chart for the Nifty 50 Index on July 2, 2024, captured in 15-minute intervals. Here's a detailed overview of the chart:
Candlestick Format: Utilizes candlestick bars to depict price action for each 15-minute period, indicating open, high, low, and close prices.
Exponential Moving Average (EMA): A blue line representing the 20-period EMA is visible, which helps traders identify the trend's direction and dynamic levels of support or resistance.
Trading Signals:
-Buy Signal: A green arrow points upwards, suggesting to buy if the Nifty exceeds 24,150, with an open target potentially reaching or surpassing 24,275.
-Sell Signal: A red arrow pointing downwards indicates a selling opportunity if the index falls below 24,075, with a target of 22,950.
Technical Analysis Overview: The chart illustrates the Nifty's price movements within a sideways to an upward trend, using the EMA line as a reference point for potential support or resistance levels. The annotations provide strategic entry and exit points based on specific price thresholds.
Nifty Intraday (01-07-2024)The image displays a trading chart for the Nifty 50 Index, showing a 15-minute interval, as observed on July 1, 2024. Here are the key features of the chart:
Candlestick Format: Each bar represents a 15-minute trading interval with indications of opening, high, low, and closing prices.
Exponential Moving Average (EMA): A blue line represents the 20-period EMA, providing insight into the trend's direction and potential support or resistance levels.
Trading Signals:
-Buy Signal: A green arrow suggests buying if the Nifty moves above 24,035, with an open target above 24,150.
-Sell Signal: A red arrow indicates a selling position if the index drops below 23,950, aiming for a target of 23,825.
Technical Overview: The chart captures the intraday movement of the Nifty index, illustrating volatility and potential trading zones based on the EMA and past performance.
NIFTY INTRADAY LEVELS FOR 01/07/2024BUY ABOVE - 24160
SL - 24100
TARGETS - 24280,24380,24480
SELL BELOW - 24010
SL - 24100
TARGETS - 23900,23800,23740
NO TRADE ZONE - 24010 to 24160
Previous Day High - 24160
Previous Day Low - 24010
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 Important Levels and Trade Plan - 27 JuneKey Levels:
23,890: Major resistance, strong selling pressure observed.
23,750: Intermediate resistance, potential for minor pullbacks.
23,660: Crucial support, frequently tested during pullbacks.
23,600: Strong support, potential base for upward movement.
Please note: These levels are intended for intraday trading only.
Disclaimer: All information provided is for educational purposes only. We are not SEBI registered. Please consult a SEBI registered financial advisor for your financial matters before making any investment decisions. We are not responsible for any profit or loss incurred.
We appreciate your support and engagement. Please like, comment, and follow to provide encouragement.
Happy trading! 👍
NIFTY INTRADAY LEVELS FOR 27 JUNE 2024BUY ABOVE - 23890
SL - 23840
TARGETS - 24000,24080,24150
SELL BELOW - 23800
SL - 23840
TARGETS - 23750,23700,23660
NO TRADE ZONE - 23800 to 23890
Previous Day High - 23890
Previous Day Low - 23660
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 : Trading Levels and Plan for 27-Jun-2024Here is a detailed trading plan for NIFTY Index on 27-Jun-2024 considering various opening scenarios. The plan includes steps for Gap Up, Flat, and Gap Down openings.
**Scenario 1: Gap Up Opening (100+ points)**
**Initial Action:** Monitor the price action and volume around the important resistance zone at 23,925.00 - 23,885.55.
**Profit Booking Zone:** If the price sustains above 24,105.00, look for opportunities to book profits.
**Resistance Rejection:** If the price faces rejection from the resistance zone (23,925.00 - 23,885.55), expect a pullback towards the opening support at 23,703.00 - 23,682.00.
**Support Confirmation:** If the price holds above the opening support zone, consider entering long positions with a target towards the resistance zone again.
**Breakdown:** If the price breaks below 23,682.00, expect a further decline towards the last support of the current trend at 23,610.00 - 23,584.00.
**Scenario 2: Flat Opening**
**Initial Action:** Observe the price action and volume in the sideways and profit booking range (23,885.55 - 23,801.49).
**Breakout Entry:** If the price breaks above 23,925.00 with strong volume, enter long positions targeting the profit booking zone (24,105.00 - 24,151.00).
**Range Trading:** If the price remains in the sideways range (23,885.55 - 23,801.49), consider scalping opportunities within this range.
**Support Test:** If the price drops towards the opening support (23,703.00 - 23,682.00), look for a reversal signal to enter long positions.
**Breakdown:** If the price falls below 23,682.00, expect a move towards the last support of the current trend at 23,610.00 - 23,584.00.
**Scenario 3: Gap Down Opening (100+ points)**
**Initial Action:** Evaluate the price action and volume around the opening support at 23,703.00 - 23,682.00.
**Support Reversal:** If the price finds support and reverses from this zone, consider entering long positions targeting the sideways range at 23,801.49.
**Breakdown Continuation:** If the price fails to hold the support and breaks below 23,682.00, prepare for a further decline towards the last support of the current trend at 23,610.00 - 23,584.00.
**Extended Support:** In case of further weakness, watch the extended support zone at 23,559.00 for potential reversal opportunities.
**Recovery Signal:** If a recovery signal appears above the last support zone, consider entering long positions targeting the opening support again.
**Summary and Conclusion**
For 24-Jun-2024, closely monitor the key levels and price action for potential trading opportunities. In case of a gap up opening, watch the resistance zone and look for profit booking opportunities. For a flat opening, trade within the sideways range and look for breakout or breakdown signals. In the event of a gap down opening, focus on the support levels for potential reversals or continuation patterns.
**Disclaimer:** I am not a SEBI registered analyst. This plan is for educational purposes only and not an investment advice. Always conduct your own research and consult with a professional financial advisor before making any trading decisions.
Good luck with your trading on 27-Jun-2024!
NIFTY INTRADAY LEVELS FOR 26 JUNE 2024BUY ABOVE - 23750
SL - 23700
TARGETS - 23800,23870,23930
SELL BELOW - 23700
SL - 23750
TARGETS - 23660,23610,23570
NO TRADE ZONE - 23700 to 23750
Previous Day High - 23750
Previous Day Low - 23570
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 👍