Get started

Niftytrendanalysis

Nifty 50 Analysis from COVID-19 LowsNifty 50 Analysis from COVID-19 Lows: Primary Wave (1): Think of this like a big upward movement on a rollercoaster that started on March 23, 2020, when the Nifty 50 index was at 7511.10. It reached a high point on April 27, 2020, at 9889.05. Wave (2): After the first exciting ride, there was a dip. This dip ended on May 18, 2020, with the index at 8806.75, which was about halfway down from the highest point of Wave (1). Wave (3): Then came another exciting ride, but this time it had a lot of ups and downs. Wave (3) ended on October 18, 2021, at a high point of 18604.45. Wave (4): After the thrill of Wave (3), there was a pause. Wave (4) acted like a rest stop and finished on June 13, 2022. Wave (5): Now, it's moving up again, but not smoothly. It seems like it's going in a pattern of three steps up and three steps down, like climbing stairs. Currently, it's in the fourth step. Big Event: The chart suggests that something significant might happen when the index reaches around 20600-20900-21000. It's like saying, "Hey, there might be a big turn or surprise on the rollercoaster around this point." So, it could be a good idea to think about taking your gains or profits when it's near 20.5k. Just remember, investing in the stock market can be unpredictable, and it's wise to speak with a financial expert or do thorough research before making any investment choices.
NSE:NIFTYLong
by imkhushal
9
NIFTY--Head & Shoulders Pattern ??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. They serve as key reference points for technical analysis. Nifty is at important zone of resistance...If price fail to take the support at 19360 levels again and falls below this level, we have a chance of H & S pattern, keep safe before long.
NSE:NIFTY
by IIT-Trader
4
Nifty forming a good channel on hourly chart. Nifty is forming a good channel on hourly chart and things are looking positive for now. Once the Nifty crosses and closes above small resistance of 19145 and 19177 and hold that support. (It is very much possible that Nifty opens gap up above 19177 which will be very good technically, the next targets for spot nifty will be 19230, 19353 and 19425. Support on the lower side are at 19070, 19007 and 18935. Expecting a good closure to the week as things right now look positive. Some big negative news from Middle East can still spoil the party so be cautious.
NSE:NIFTYLong
by Happy_Candles_Investment
Nifty Short, Medium and Long Term review-23-Oct-23 to 27-Oct-23Nifty Short, Medium and Long Term review-23-Oct-23 to 27-Oct-23 Nifty closed at 19751 (19655) and touched low & high of 19483 and 19871. RSI levels and stochastics was near to oversold zone last week end, considering global situation, crude price, Q2 results ( till date) it will test the support level in short term, Q2 results of the balance companies can guide the market. Banks gave good results except HDFC bank due to merger. Capital Goods and other companies posted average to below average results. As mentioned before ( past 1 month) book 30% profit in the high valued stocks and be ready with cash. Nifty was holding the inclined trend support provided at 19400 levels last week, same support level was shared for the last three weeks. Nifty- Short Term (Neutral- Sideways movement with below mentioned support & resistance zone), retaining same as last three weeks. Strong Support at Fib resistance at 19320/19445 Also there is a support at 19224 (Previous Low) Resistance at 19840/19990 ( Fibonnoci resistance ) Nifty Medium Term & long Term - As market in overbought zone there will be a correction. Resistance at 20221 ( Prev High ) / 20500 Further to review the Q2 results. To review once Nifty reaches target. Strong Resistance at 18800.
NSE:NIFTY
by karthikss
NIFTY--Exhaustion Or Initiation??The Nifty index also same.... as Bank Nifty Price is exactly closed at strong support... .19500 level. .. Previously multiple times rejection to the topside is observed at this level... Now the same level rejects the price downwards.....its bullish again. If sellers exhausted today, tomorrow price is bullish... If this is an Initiation of sellers again price is bearish...but already price is in premium zone... if this is a continuation of down move...will look for buy @discount. careful before enters in short... Note:: Please check this post before reading the above description.
NSE:NIFTY
by IIT-Trader
5
NIFTY - Target Levels - THUR - 28.09.23Nifty Spot Price : 19716.5. - VIX SPOT Price : 11.58. - Nifty Daily Range : 19597 To - 19836. - Watch Option Strike : 19650 CE Watch The Target Levels : 70----77-----96-----115----135----154---173----192----212----+++++++ I Am Not Sebi Registered Analysis, This Is Education Purpose Only. Dear Followers.. Trend Is Our Friend.. 1. Draw The Lines In Your Trading View.. Then Only You Understand My Statistical Startegy. 2. Kindly Watch My Break Even Point. Every Day.. 3. Above The Break Even Point.. Resistance Break.. UPTREND Starts.. Buy CE.. 4. Below The Break Even Point.. Support Break.. DOWNTREND Starts.. Buy PE.. 5. After Retracement.... Stop Loss is Above Or Below Break Even Point.. 6. Stop Loss Is Must.. 7. Watch 5 Mins Time Frame.. & 15 Mins Time Frame.. 8. In Future i Analysis & Focus On Option Strike - Entry, Target, Stop Loss. Also.. Don"t Enter Blindly. 1. We Focus On Our Daily Analysis.. 2. Combination Theory Of Delta, Gamma & Thetta,. 3. Selection Of OI Analysis & Prediction Of Entry, Targets, & Stop Loss.. 4. We See 4 Types Of Fibinacci Retracement Levels.. (1.High To Low Fib Level, 2.Low To High Fib Level, 3.Long Fib Level & 4. Short Fib Level), 5. Techninal View On Break Even Point.. 6. Wait For Support Breaking or Resistance Breaking.. That Time Watch The Market Carefully.. 7. Market Moves in UpTrend or DownTrend.. 8. Kindly Watch Both The Nifty Target Levels & Bank Nifty Target Levels in your Trading View.. Its Most Important For Daily Tradings.. Kindly Follow My Channel & Like Your Support in My Idea. BY : newsbharathi27040
NSE:NIFTY
by market1tomorrow
Nifty 50: Rally till 20,300-20,550 on chartsWeekly Review When you see markets in uptrend you often wait for a colling off in a rally and I believe most of the people whom I talked in last two weeks are totally of the same opinion as well having a bearish view now but let me hold your horses here if you’re thinking the same way too. Nifty is not in an exuberant rally or a steep rally which often occurs as a spike but it’s on a clean Falling wedge pattern breakout post hitting 19,230 in august and so is the continuous rise in the Index since last few weeks where the last week itself contributed almost 1.88% with a gain of 372 points taking index to new highs of 20,222. Week Ahead: On Daily charts, the index stands strong with good volumes to continue its rally from current levels of 20,192, with nearest resistance at 20,297(20,300) and 20,500-20,550. Considering if any pause in the rally if occurs it can retrace till 19,993 and 19,792 which will be the key supports. Personally I don’t see any neutral to bearish view but a stable long until 20,300 atleast and a max 20,550 since the weekly charts are showing a clear bullish stance and a uptick in momentum reflective of much steam left in the markets.
NSE:NIFTYLong
by chandakpulkit
NIFTY - Target Levels - 18.09.2023.Nifty Spot : 20169. Option Strike : 20200 CE & 20200 PE I Am Not Sebi Registered Analysis, This Is Education Purpose Only. Dear Followers.. Kindly Watch My Break Even Point. Every Day. Above The Break Even Point.. Resistance Break.. UPTREND Starts.. Buy CE.. Below The Break Even Point.. Support Break.. DOWNTREND Starts.. Buy PE.. Stop Loss... Above or Below.. Break Even Point.. Don"t Enter Blindly. We Focus On Our Daily Analysis.. Combination Theory Of Delta, Gamma & Thetta,. Selection Of OI Analysis & Prediction Of Entry, StopLoss, & Targets, Fibinacci Retracement Levels, Techninal View On Break Even Point. Wait For Support or Resistance Breaking.. That Time Watch The Market Carefully. Market Moves in UpTrend or DownTrend. Kindly Watch Both The Nifty Target Levels & Bank Nifty Target Levels in your Trading View. Its Most Important For Daily Tradings…. BY : newsbharathi27040.
NSE:NIFTY
by market1tomorrow
13.09.2023 NIFTY- 20000 CE & 20000 PENifty Spot : 19985.65 Dear Followers Kindly Don't Take Any Buy or Sell Trades Today... Please Watch My Option STRIKES & Level One Week. Draw The Lines Buy, Sl, T1 to T5 Lines In Your Broker Application Trailing Purpose Only. Option Strike : 20000 CE Buy At : 100, Sl : 85, Next Sl : 60 Target : 119 Target : 143 Target : 166 Target : 190 Target : 209 Target : 238 Target : 261 Target : 285 Option Strike : 20000 PE : Buy At : 90, Sl : 80, Next Sl : 55 Target : 113 Target : 135 Target : 158 Target : 180 Target : 203 Target : 225 Target : 248 Target : 270 Every Target Point Is An New Buy Entry. First You Conform The Trend.. Market Goes Uptrend Or Downtrend. Then Only You Entre CE or PE Strike. If You Enter... Stop Loss is Below The Entry 15 To 25 Points.. Otherwise You Loss The Money. Kindly Watch My Break Even Point. Every Day. Above The Break Even Point UPTREND Starts Below The Break Even Point DOWNTREND Starts. Don"t Enter Blindly.
NSE:NIFTY
by market1tomorrow