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Niftytrend

NIFTY Short Mastery on 15m Time Frame: 940 Points SecuredOn the 30th of September, we initiated a short entry at 25996.85 using the Risological Swing Trader, capturing a robust downtrend as the price continued to respect our dotted trendline indicator. To date, this strategy has delivered a significant 940 points in profit, exemplifying the effectiveness of our approach. Target Points: TP 1: 25823.50 TP 2: 25543.00 TP 3: 25262.50 TP 4: 25089.15 Stop Loss (SL): 26137.10 The Risological Swing Trader has once again proven its strength in spotting market reversals, allowing us to secure substantial gains. We will stay vigilant as we approach the reversal.
NSE:NIFTYShort
by ProfitsNinja
2
Good recovery candle by Nifty but Mother line yet to give way. Nifty gave a good recovery candle but Mother line resistance and mid channel resistance are yet to be conquered. the zone between 25052 and 25332 will play as a strong resistance as it contains resistances like Mother line (50 days EMA) at 25052 , Mid channel resistance around 25148 and a resistance from previous peak from mid september which is around 25332. Once this zone is crossed Bulls will try to take the market to the next levels which are 25481, 25657, 25992 and 26K+ again. The supports for Nifty remain at 24677, 24470, 24216 (channel Bottom support), 23942 and finally 200 days EMA or the Father line support at 23274. Below 23274 is all Bear territory. As we had indicated the market looked oversold yesterday there was a chance of short covering which happened today. Confirmation candle above 50 EMA tomorrow or later in the week will be an icing on the cake from where actual recovery can start. The candle formation today was similar to Bullish Harami pattern. (Harami in Japanese means Pregnant woman). Bullish Harami indicates shadow of the candle to be positive. The pattern can get confirmation only if the bullishness continues tomorrow and we have a positive closing of the week. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NSE:NIFTY
by Happy_Candles_Investment
NIFTY INTRADAY LEVELS FOR 08/10/2024BUY ABOVE - 24890 SL - 24800 TARGETS - 24990,25060,25120 SELL BELOW - 24700 SL - 24800 TARGETS - 24600,24530,24460 NO TRADE ZONE - 24700 to 24890 Previous Day High - 25120 Previous Day Low - 24700 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 👍
NSE:NIFTY
by Jagadheesh_JP
NIFTY INTRADAY ANALYSIS FOR 07/10/2024BUY ABOVE - 25080 SL - 25020 TARGETS - 25130,25180,25230 SELL BELOW - 24950 SL - 25020 TARGETS - 24900,24850,24800 NO TRADE ZONE - 25950 to 25080 Previous Day High - 25490 Previous Day Low - 24950 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 👍
NSE:NIFTY
by Jagadheesh_JP
Nifty50 analysis for upcoming week 7-11th Oct 2024The Indian stock market had a volatile week, primarily driven by the escalating Iran-Israel conflict. The Nifty 50 index closed at 25,014, down 1,170 points from the previous week's close. The index made a high of 26,134 and a low of 24,966 during the week. For the coming week, the expected range for the Nifty 50 is 25,600 to 24,400 . A breach of these levels could lead to further volatility. The crucial support level is at 24,450, which is the WEMA21 support. If the index breaks below this level, a correction towards 23,000 is possible. On the other hand, the S&P 500 index closed at 5,751, forming a bullish hammer candle, which is a positive sign for the US market. If the S&P 500 can sustain above 5,800 next week, it could rise further to 5,820, 5,899, or even 6,012. A strong performance in the US market could help Indian markets recover. Overall, the market outlook for the coming week remains uncertain due to the ongoing geopolitical tensions. However, there is a possibility of a bounce in the market, especially if the S&P 500 continues to show strength.
NSE:NIFTY
by ssudhirsharma11
Nifty looking weak after closing below Motherline. Nifty has today not respected 2 key supports that are daily Mother line support and Mid-Channel support. After making a high of 25485 Nifty closed at 25014 which is just below Mother line 50 days EMA at 25065. The candle is very weak and Nifty already looking as if in the tight grip of bears and there was massive selling at upper levels. However today's low seems to be a support level. If Nifty has to make a come back it should be during first half of next week. RSI support is at 39.82 and 26 which can be the turnaround zones, right now the RSI on daily charts is at 40.63. Nifty supports remain now at 24966 weak support, 24698, 24384 and finally 23874 Important channel bottom support. If channel bottom is broken (less likely) but by chance if it is broken the only support that will remain at father line which is at 23241. Reaching there will already be a mayhem but below that (again very less likely) the Nifty will shift totally into bear territory. Next week will be very important not only incontext of the remainder of the month but also in context of the last quarter of the year. Strictly do not trade/invest without keeping Stop losses and Trailing stop losses. Stop losses protect your capital and trailing stop losses protect your profits. To know more about stop losses, trailing stop losses, Profit booking and investment in Equity in general or Mother, Father and small child theory read my book The Happy Candles Way to wealth creation. Which is available in Amazon in Kindle and Paperback version. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NSE:NIFTY
by Happy_Candles_Investment
NiftyBees Trading Strategy Using EMA LevelsObjective: This strategy outlines a simple approach to buying NiftyBees based on 50EMA, 100EMA, and 200EMA levels, and how to gradually increase your position. Key Steps: 50EMA Buy: Buy 1/3rd of your total planned investment when the price hits the 50EMA. Reason: Signals short-term bullish momentum. Example: If your total budget is ₹90,000, buy ₹30,000 worth at 50EMA. 100EMA Buy: Buy 2/3rd of your total planned investment at the 100EMA. Add 25% to your previous 50EMA position. Reason: Shows stronger medium-term momentum. Example: Buy ₹40,000 at 100EMA and add ₹10,000 (25% more from 50EMA purchase). 200EMA Buy: Buy 2/3rd of your total planned investment at the 200EMA. Add 50% to your previous 100EMA position. Reason: Indicates potential long-term reversal. Example: Buy ₹60,000 at 200EMA and add ₹20,000 (50% more from 100EMA purchase). Conclusion: This strategy helps you build your position in stages, reducing risk and improving your average price over time. It uses key EMA levels to guide when and how much to invest, helping you benefit from market dips while maintaining a disciplined approach.
NSE:NIFTYLong
by AngshumanSaikia
NIFTY INTRADAY LEVELS FOR 04/10/2024BUY ABOVE - 25310 SL - 25240 TARGETS - 25380,25440,25490 SELL BELOW - 25240 SL - 25310 TARGETS - 25190,25130,25080 NO TRADE ZONE - 25240 to 25310 Previous Day High - 25620 Previous Day Low - 25240 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 👍
NSE:NIFTY
by Jagadheesh_JP
1
Nifty Next MoveNifty almost gave a massive down trend its likely a retracement and we can see its already brake a trend line liquidity we can expect 60 %retracement or full retracement as Extreme ob area we can expect buy area from these ob areas happy trading 🥰 📌 Please support me with your likes 🤞🏻 and comments 💬 to motivate me to share more analysis with you and share your any opinion about the possible trend of this chart with me ! Best Regards , Davis 🥰 Hit the like 🤞🏻 button to !! Motive some energy !!🥇 📌 Note : ⨻ Check the live market updates and analysis yourself before buy 📈🔺 or sell 📉🔻 ⨺ Am not giving any advisory or signals its just my idea for upgrade my knowledge 📚 in trading ⨹ This is my pre and post market analysis to improve my trading journey 🚀 ⨂ Am Not suggesting anyone to buy or sell ❌ am just giving my views 👀 ⫸ You are responsible for your trading ✅ not me ❌ ⫷ HAPPY TRADING 🥰
NSE:NIFTYShort
by TRADING_MASTER_DAVIS
Do not panic button till Mother and Father supports not broken.The parallel channel tops will always be difficult to conquer. Children staying abroad and in far away places coming to meet mother and father once is a while is always a sign of a healthy family. Nifty coming to meet the mother and sometimes the father on daily chart is always a healthy sign. The reasons can be any: 1) SEBI change in rules. 2) Conflict between Israel and various other countries 3) Crude oil prices In the recent Past the reasons were incidents like: 1) Ukraine war 2) US Fed rate cuts 3) Covid 19 Outbreak Major Nifty support is near 25067 to 25040 zone as you can see in the daily chart Nifty is near mother line which is also coinciding with mid channel support and a peak support. This can be the probable turnaround zone. If this support is broken further supports will be at 24804, 24384. The zone between 23995 to 23612 is another turnaround zone as it can be the channel bottom support. 23223 is the final support of father line drawn on daily chart. Below this there can be actual panic in the market. Resistances for Nifty are now at 25439, 25665, 25836 and 26037. Above 26037 bulls will be in super power mode again. Bottom fishing time in premium/High quality/A+ category has arrived. Churn your portfolio around. New themes will soon emerge. Hold on / do not panic / sell stocks where you are in loss / use this fall to churn your portfolio. Strictly do not trade/invest without keeping Stop losses and Trailing stop losses. Stop losses protect your capital and trailing stop losses protect your profits. To know more about stop losses, trailing stop losses, Profit booking and investment in Equity in general or Mother, Father and small child theory read my book The Happy Candles Way to wealth creation. Which is available in Amazon in Kindle and Paperback version. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NSE:NIFTY
by Happy_Candles_Investment
Do not panic button till Mother and Father supports not broken.The parallel channel tops will always be difficult to conquer. Children staying abroad and in far away places coming to meet mother and father once is a while is always a sign of a healthy family. Nifty coming to meet the mother and sometimes the father on daily chart is always a healthy sign. The reasons can be any: 1) SEBI change in rules. 2) Conflict between Israel and various other countries 3) Crude oil prices In the recent Past the reasons were incidents like: 1) Ukraine war 2) US Fed rate cuts 3) Covid 19 Outbreak Major Nifty support is near 26067 to 26040 zone as you can see in the daily chart Nifty is near mother line which is also coinciding with mid channel support and a peak support. This can be the probable turnaround zone. If this support is broken further supports will be at 24804, 24384. The zone between 23995 to 23612 is another turnaround zone as it can be the channel bottom support. 23223 is the final support of father line drawn on daily chart. Below this there can be actual panic in the market. Resistances for Nifty are now at 25439, 25665, 25836 and 26037. Above 26037 bulls will be in super power mode again. Bottom fishing time in premium/High quality/A+ category has arrived. Churn your portfolio around. New themes will soon emerge. Hold on / do not panic / sell stocks where you are in loss / use this fall to churn your portfolio.
NSE:NIFTY
by Happy_Candles_Investment