Nifty 50 head and shoulder BuyingNifty 50 now forming head and shoulder, valid after the breakout area mentioned in chart, once broken and close above the level , target will 20000 and 20197
Niftytradesetup
NIFTY INTRADAY LEVELS FOR 11/10/2023BUY ABOVE - 19720
SL - 19680
TARGETS - 19770,19830,19900
SELL BELOW - 19680
SL - 19720
TARGETS - 19640,19580,19540
NO TRADE ZONE - 19680 to 19720
Previous Day High - 19720
Previous Day Low - 19580
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
11 OCT 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open a gap down
After A Gap-Down opening if Banknifty sustains Above 44500 and takes Support from 44500 then open target for T1-44700, T2-44900,T3-45000
If the Banknifty Gap-Down opening sustains Below 44100 and takes resistance below 44100 then the open Targets for T1-43900, T2-43800,T3-43600
Major Levels 44500,44100,44000
If the market stands in this area of 44200 to 44500, then it is possible that even today the market will remain in the range.
NIFTY--Broken Trendline??I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies.
Trade safe...Thank you guys for your support.
NIFTY Analysis/Prediction for tomorrow 11-10-2023NSE:NIFTY Analysis/Prediction for tomorrow
If price opens between 19650 -19700
🟢 Buy CE Above 19760, 19820
✔️ Target Should be 19850
🔴 Buy PE below 19630
✔️ Target Should be 19540
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 INTRADAY LEVELS FOR 10/10/2023BUY ABOVE - 19590
SL - 19550
TARGETS - 19640,19680,19730
SELL BELOW - 19500
SL - 19540
TARGETS - 19450,19420,19380
NO TRADE ZONE - 19500 to 19590
Previous Day High - 19590
Previous Day Low - 19480
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
10 OCT 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open Gap-Down
After A Gap-Down opening if Banknifty sustain Above 44100 and taking Support from 44100 then open target for T1-44200,T2-44300,T3-44500
If the Banknifty Gap-Down opening sustain Below 43800 and taking resistance below 43800 then the open Targets for T1-43600,T2-43500,T3-43400
Major Levels 43800,43500,44100
If the market stande in this area of 44300 to 44100, then it is possible that even today the market will remain in the range.
NIFTY--19400 or 19700 I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies.
Trade safe...Thank you guys for your support.
NIFTY INTRADAY LEVELS FOR 09/10/2023BUY ABOVE - 19680
SL - 19640
TARGETS - 19730,19770,19850
SELL BELOW - 19640
SL - 19680
TARGETS - 19590,19530,19490
NO TRADE ZONE - 19640 to 19680
Previous Day High - 19580
Previous Day Low - 19590
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Will NIFTY Bullish momentum continue?As we discussed in our last analysis that it returned back to channel it will be bullish and it gave 2 days back to back bullish momentum. But now we can see its on confusing if it's a breakout or still in the pattern. once its out of the pattern it will be going bullish. by looking at the chart market seems to be sideways for tomorrow.
Reasons:
Inverted HNS target is 19800 that has not achived yet. if it opens high it will have a resistance at 19800.
19800 is also price action resistance.
Downside 200 EMA and Price action level will be providing the support.
RSI is in bullish zone (> 60) but having bearish divergence.
Trendlines are confusing its not a clear breakout for falling wedge pattern.
it's having 2 cases: case-1 and case-2. that is marked on the chart.
Verdict:
observe 15 min market and follow case-1 or case-2
Plan of action :
SELL 19500 PE + SELL 19750 CE once bullish momentum gets confirm exit 19750 CE.
NIFTY INTRADAY LEVELS FOR 06/10/2023" SYMMETRICAL TRIANGLE PATTERN "
BUY ABOVE - 19460
SL - 19430
TARGETS - 19500,19560,19600
SELL BELOW - 19430
SL - 19460
TARGETS - 19380,19330,19260
NO TRADE ZONE - 19530 to 19570
Previous Day High - 19570
Previous Day Low - 19490
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Head & Shoulder pattern breakout in NIFTYNIFTY 50 INDEX
Key highlights: 💡⚡
✅On 15 Minutes Time Frame Stock Showing Breakout of Head & Shoulder Pattern.
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 19815+.
✅Can Go Long in this stock by placing a stop loss below 19500-.
#NIFTY Intraday Support and Resistance Levels - 06/10/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19580 level and then possible upside rally up to 19700 in today's session. in case nifty trades below 19530 level then the downside target can go up to the 19410 level.
Nifty for 6th October 2023 - Weekly ClosingAs Expected ( Please refer to the linked post) Nifty opens with an up gap at 19521, which is near immediate resistance i.e. 19544-19550.
Since it was a gap-up opening of approximately 100 points and near resistance, creating new long positions immediately makes no sense.
Why was I expecting a Gap-up opening today?
1. Prices bounced twice from the support area during the day.
2. Prices closed well ( in spite of weakness during the day)
3. RSI was at support ( 40 levels)
4. Hammer-like candle formed at support
Today's Price Action
1. Opened Gap up
2. Prices Halted at resistance during the first hour.
3. No sell-off from resistance.
4. Prices consolidated around the resistance area( 19544-19550)
5. Higher High, higher low, gap up indecisive candle.
Expectation for Tomorrow - Friday, 6th October 2023
1. Prices might open with an up gap tomorrow, how far don't know.
2. Immediate Resistance @ 19638
3. Prices should sustain the 19543 level for a move towards 19638 levels.
4. Expecting 80-100 points move tomorrow.
Why am I Expecting a Gap up tomorrow
1. No sell-off after a gap-up opening near resistance
2. Prices consolidated well on the hourly and 15-minute chart
NIFTY INTRADAY LEVELS FOR 05/10/2023BUY ABOVE - 19460
SL - 19430
TARGETS - 19500,19560,19600
SELL BELOW - 19430
SL - 19460
TARGETS - 19380,19330,19260
NO TRADE ZONE - 19430 to 19460
Previous Day High - 19460
Previous Day Low - 19330
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Will bull be able to hold NIFTY today?NIFTY yesterday was total bearish but in 2nd half Bulls came and took charge and all market reversed back in bullishness.
as PCR = 0.85 (Bullish) and also market is back into pattern. so its assumed that bulls will be taking control of today's moment.
Reason :
Chart is back in the pattern will full yesterday 2nd half bullish.
PCR is 0.85 (Bullish)
MAX pain: 19350 and 19500
RSI is still in 40-60 means continiously increasing means bulls have power.
Verdict :
Bullishness is expected
Plan of action:
Observe 15 min Candle if bullish
Sell 19350 PE
#NIFTY Intraday Support and Resistance Levels - 05/10/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19460 level and then possible upside rally up to 19580 in today's session. in case nifty trades below 19430 level then the downside target can go up to the 19310 level.
Nifty - Elliott Wave CountNifty - Elliott Wave Count
Nifty - the market appears to be completing the correction, an impulse wave expected towards 20300 & above
If the price breaks below 19300, the view is invalid.
Please exercise caution when trading as this information is for educational purposes only.
NSE:NIFTY NSE:NIFTY1! NSEIX:NIFTY1! NSE:NIFTY1!
Nifty Prediction for Tomorrow 5th October 2023Nifty opens with a down gap at 19446 vs. the previous close at 19528, approx 80 points lower.
Lost another 50 points post opening in the first hour and tested immediate support at 19392.
Took or you say tried to hold the support in the next hour though couldn't sustain in the following trading hours and fell further until the next support at 19331.
Then again recovered from the support and closed near its open price i.e. 19436, forming a doji candle at the support zone of 19392-19331
Rsi is trailing at 40.15 levels.
Rsi and price both closed at support, suggesting some bounce in price tomorrow and we might see a gap-up opening tomorrow around immediate resistance approx 100 points higher.
Tomorrow can be a volatile day.
The gap created today would act as an immediate resistance.
Immediate Resistance: 19544- 19550
NIFTY INTRADAY LEVELS FOR 04/10/2023BUY ABOVE - 19560
SL - 19530
TARGETS - 19600,19680,19730
SELL BELOW - 19490
SL - 19530
TARGETS - 19440,19400,19330
NO TRADE ZONE - 19490 to 19560
Previous Day High - 19620
Previous Day Low - 19490
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Bearish NIFTY Analysis Options 04 OCTNIFTY is showing Bearishness. by looking at the data we can say it's going to be bearish for this week.
also intrest rates in US is also going to effect the market. because of the FII starts pulling their money form INDIAN market.
Reason :
NIFTY is down to the bearish line ZOne.
RSI showing very low Value means buyers are not trustung the market.
PCR 0.65 shows huge Bearishness
Verdict:
MArket is bearish
Plan of Action :
SELL 19350 PE + BUY 19400 PE
Nifty prediction for tomorrow 3rd OCT 23as we discussed in our last posts that NIFTY might be taking support from this level.
But will not go direct bullish from here as 200 EMA, VWAP is acting as high resistance zone for nifty.
For tomorrow it seems to have a sideways moment
Reasons :
We are having a nice support Zone to downside at 19500, and resistance at 19750.
RSI is in Range 40-60 which is mostly Sideways.
PCR = 0.81 (Mild bullish)
Price < EMAs (Bearish)
Accumalation phase is going on.
Heavy CE writing at 19800 and PE writing at 19600. But more suupport at 19600. if above side 19800 is broken then we can say bulls will be in power.
Verdict:
Sideways until get a nice breakout of level 19750.
Plan of action:
Play Neutral trade until Breakout. after breakout add CE.
NIFTY INTRADAY LEVELS FOR 03/10/2023BUY ABOVE - 19680
SL - 19640
TARGETS - 19730,19770,19850
SELL BELOW - 19600
SL - 19650
TARGETS - 19560,19490,19440
NO TRADE ZONE - 19600 to 19680
Previous Day High - 19730
Previous Day Low - 19560
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
