#NIFTY Intraday Support and Resistance Levels -26/03/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 22100 level and then possible upside rally up to 22220 level in today's session. in case nifty trades below 22060 level then the downside target can go up to the 21940 level.
Niftytradesetup
NIFTYIn smaller time frame NIFTY-50 is constructing a Head and Shoulder.
The left shoulder can be considered as support line (21939) for the up move.
The Head may be considered for SL (21888.60).
Disclaimer : I am not a registered analyst with the Securities and Exchange Board of India (SEBI) or any other regulatory authority. The information provided here is for educational and informational purposes only and should not be considered as financial advice. Any investment decisions you make should be based on your own research and consultation with a qualified financial advisor. It is important to note that investing in securities involves risks, and past performance is not indicative of future results. I strongly recommend consulting with a licensed financial professional before making any investment decisions. I do not accept any liability for any loss or damage incurred as a result of reliance on the information provided in this communication. Always conduct your own due diligence and seek professional advice before making any investment decisions.
Nifty key levels for 21th March | Expiry TradeStay ahead of the curve with our daily Nifty key levels!
NSE:NIFTY key levels for tomorrow.
We booked profit of 120 points in Nifty today.
Overview:
Here are the key levels to watch for potential entry and exit points in
BANKNIFTY
Resistance Levels:
- Refer the Red line on the chart
Support Levels:
- Refer the Green line on the chart
Trading Strategy:
- Long Position:
Consider initiating long positions near support levels only after reversal confirmation for potential upside movement.
- Short Position:
Consider initiating short positions near resistance levels only after reversal confirmation for potential downside movement.
Risk Management:
- Always use stop-loss orders to protect against adverse market movements.
- Consider position sizing based on risk tolerance and account equity.
Disclaimer:
These levels are provided for informational purposes only and should not be considered as financial advice. Trading involves risk, and past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Thanks
NIFTY INTRADAY LEVELS FOR 18/03/2024BUY ABOVE - 22060
SL - 22010
TARGETS - 22120,22170,22210
SELL BELOW - 21980
SL - 22010
TARGETS - 21940,21900,21850
NO TRADE ZONE - 21980 to 22060
Previous Day High - 22120
Previous Day Low - 21940
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 Monday 18 march - Overview for the day #gifty trading is slightly negative, around 40 points from our closing, a sign of a flat to small gap down. We saw a bounce from hourly support during the Friday trading session, so there is still hope for a bounce or a pullback in the short term.
Harmonic ABCD patterns will be activated at a rate lower than 21,900, and it is a crucial support for nifty this week and the last hope for the bulls, so be careful and do not make the early perception. Focus on the level.
Intraday Range: 21,900 to 22,060
NIFTY INTRADAY LEVELS FOR 15/03/2024BUY ABOVE - 22170
SL - 22100
TARGETS - 22210,22270,22310
SELL BELOW - 22060
SL - 22100
TARGETS - 21980,21900,21850
NO TRADE ZONE - 22060 to 22170
Previous Day High - 22210
Previous Day Low - 21900
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 👍
All INDEX key levels for March 15, 2024 #Nifty #BankNiftyAll INDEX key levels for March 15, 2024 #Nifty #BankNifty
Overview:
Today's trading session presented significant opportunities within the Bank Nifty index and we executed the trades based on the levels published yesterday on tradingview and we were able to capture the Fall of 500 points in BankNifty
Here are the key levels to watch for potential entry and exit points in
BANKNIFTY
Resistance Levels:
- Refer the Red line on the chart
Support Levels:
- Refer the Green line on the chart
Trading Strategy:
- Long Position:
Consider initiating long positions near support levels only after reversal confirmation for potential upside movement.
- Short Position:
Consider initiating short positions near resistance levels only after reversal confirmation for potential downside movement.
Risk Management:
- Always use stop-loss orders to protect against adverse market movements.
- Consider position sizing based on risk tolerance and account equity.
Disclaimer:
These levels are provided for informational purposes only and should not be considered as financial advice. Trading involves risk, and past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Thanks
All INDEX key levels for March 14, 2024 #Nifty #BankNiftyAll INDEX key levels for March 13, 2024 #Nifty #BankNifty
Overview:
Today's trading session presented significant opportunities within the Bank Nifty index and we executed the trades based on the levels published yesterday on tradingview and we were able to capture the Fall of 500 points in BankNifty
Here are the key levels to watch for potential entry and exit points in
BANKNIFTY
Resistance Levels:
- Refer the Red line on the chart
Support Levels:
- Refer the Green line on the chart
Trading Strategy:
- Long Position:
Consider initiating long positions near support levels only after reversal confirmation for potential upside movement.
- Short Position:
Consider initiating short positions near resistance levels only after reversal confirmation for potential downside movement.
Risk Management:
- Always use stop-loss orders to protect against adverse market movements.
- Consider position sizing based on risk tolerance and account equity.
Disclaimer:
These levels are provided for informational purposes only and should not be considered as financial advice. Trading involves risk, and past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Thanks
Nifty Intraday Trade Setup for 14 March , 2024Yesterday, the Nifty 50 index experienced a free fall. The question is whether this downward trend will continue today, especially on expiry day. Every day in the stock market is unique, and to succeed as traders, we must avoid being biased by previous movements. It's crucial to follow the levels.
Currently, the Nifty is trading flat, suggesting a higher likelihood of a flat opening today.
Intraday Range: 22,050 to 21,900
Long above 22,050 for the target of 22,120/22,150
Short below 21,900, and its target is 21,860/21800
NIFTY INTRADAY LEVELS FOR 14/03/2024BUY - 21980
SL - 21900
TARGETS - 22060,22120,22170
SELL - 21900
SL - 21980
TARGETS - 21850,21800,21760
NO TRADE ZONE - 21900 to 21980
Previous Day High - 22440
Previous Day Low - 21900
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 Prediction for tomorrow 11 Mar (Monday)Hello traders, As we discussed in our last analysis, the market took resistance from the Resistance zone, and the result was sideways.
If we look at the chart data now:
The market is taking resistance at the resistance trendline (Why this resistance looks like my last bank nifty analysis). The market is taking support at 22430. the market has touched this trendline multiple times, which makes it easier to break to the upside.
If we look at the OI data:
PCR = 1.11 shows a bullish market structure. If we look at the CE and PE activity, there is a huge amount of CE and PE writing on both sides. That indicates the market is going to be sideways. 22500 is Max-Pain.
FII and DII data do not show much of the information except that the market might open a small gap-down.
I am expecting the market to get consolidated.
Case 1: Market is sideways in orange region.
Case 2: Market breaks to upside till 22650. (Fib 1.414)
Reasons:
Price > EMA indicates the bullish nature of the market. but price >> ema(200) shows market need some reversion.
Price taking resistance at resistance trendline. (Sideways)
RSI is 40-60, showing a sideways market structure. If it breaks 60 to the upside. The market can give targets till 22650, which is also the Fib 1.414 level.
PCR = 1.11 (1.34 to 1.11) shows Bears are actively adding positions, which might force the market to be sideways. (Sideways)
Verdict: Sideways or Bullish
Plan of action:
Case 1: Short straddle 22500 (Hedge with 20 premium)
Case 2: Sell 22500 PE (Hedge with 20 premium PE)
NIFTY--Liquidity lies @Double Bottom??Nifty index is showing straight forward bullishness from the keylevel @from BASE high.
Price observed a rally base rally from 21500 levels to 22500 levels.
Trendline is also acts as support,to push the price.
Now A Lot of liquidity is lies below the trendline and as well as below the double bottom levels at 21800 levels,and also we have a strong demand zone lies at 21700 levels.Price has to test these levels again for further move in Nifty INDEX.
Will update all the information accordingly to reach for these levels.
All INDEX key levels for March 13, 2024 #Nifty #BankNifty
All INDEX key levels for March 13, 2024 #Nifty #BankNifty
Overview:
Today's trading session presented significant opportunities within the Bank Nifty index and we executed the trades based on the levels published yesterday on tradingview and we were able to capture the rise of 500 points in BankNifty
Here are the key levels to watch for potential entry and exit points in NSE:BANKNIFTY
Resistance Levels:
- Refer the Red line on the chart
Support Levels:
- Refer the Green line on the chart
Trading Strategy:
- Long Position:
Consider initiating long positions near support levels only after reversal confirmation for potential upside movement.
- Short Position:
Consider initiating short positions near resistance levels only after reversal confirmation for potential downside movement.
Risk Management:
- Always use stop-loss orders to protect against adverse market movements.
- Consider position sizing based on risk tolerance and account equity.
Disclaimer:
These levels are provided for informational purposes only and should not be considered as financial advice. Trading involves risk, and past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Thanks
All INDEX key levels for March 12, 2024 #Nifty #BankNifty Stay ahead of the curve with our daily Bank Nifty key levels!
All INDEX key levels for March 12, 2024
Overview:
Today's trading session presented significant opportunities within the Bank Nifty index and we executed the trades based on the levels published yesterday on tradingview and we were able to capture the fall of 300 points in BankNifty
Here are the key levels to watch for potential entry and exit points in NSE:BANKNIFTY
Resistance Levels:
- Refer the Red line on the chart
Support Levels:
- Refer the Green line on the chart
Trading Strategy:
- Long Position:
Consider initiating long positions near support levels only after reversal confirmation for potential upside movement.
- Short Position:
Consider initiating short positions near resistance levels only after reversal confirmation for potential downside movement.
Risk Management:
- Always use stop-loss orders to protect against adverse market movements.
- Consider position sizing based on risk tolerance and account equity.
Disclaimer:
These levels are provided for informational purposes only and should not be considered as financial advice. Trading involves risk, and past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Thanks
NIFTY INYTRADAY LEVELS FOR 12/03/2024BUY ABOVE - 22430
SL - 22380
TARGETS - 22470,22520,22580
SELL BELOW - 22350
SL - 22380
TARGETS - 22310,22270,22230
NO TRADE ZONE - 22310 to 22380
Previous Day High - 22520
Previous Day Low - 22310
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 LEVELS FOR 11/03/2024BUY ABOVE - 22520
SL - 22500
TARGETS - 22580,22650,22700
SELL BELOW - 22470
SL - 22500
TARGETS - 22430,22380,22350
NO TRADE ZONE - 22470 to 22520
Previous Day High - 22520
Previous Day Low - 22430
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 LEVELS FOR 07/03/2024BUY ABOVE - 22500
SL - 22430
TARGETS - 22580,22650,22700
SELL BELOW - 22430
SL - 22500
TARGETS - 22380,22350,22310
NO TRADE ZONE - 22430 to 22500
Previous Day High - 22500
Previous Day Low - 22230
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 👍