Does this indicator is a hoax ...Hey guys
Iam asking you to know whether this indicator is a hoax or really a neelly river trading machanism.
pls comment and inform me...!
About Nifty 50 Index
NIFTY 50 is the main index for the National Stock Exchange of India (NSE). It tracks the performance of the top 50 stocks by market capitalization from 13 sectors of the Indian economy. With such a relatively small number of companies within the index it still represents over 60% of the free float market capitalization of the stocks listed on NSE, and serves as a benchmark for fund portfolios and index funds. The list of the NIFTY 50 Index constituents is rescheduled every 6 month.
NIFTY50.....Higher Volatility expected!Hello Traders,
The NIFTY50 is more or less trading in a sideways range between 24073 and 24500. It has not reached the descending trend line (blue) drawn on the chart. It needs to break this line to the upside in order to bring fresh buying interest into the market and break the gray trend line arou
Nifty 50 - AnalysisAs Nifty approaches a 10% fall from ATHs, it may be entering a period of technical correction, with the mid-cap, and small-caps already entering this phase.
On the weekly, Nifty has broken its prior HL, which means we could see a move back up, establishing a potential LH, and then another move down
Nifty 50 Trading Shades of GreyI've been trading these shades of grey at 5 minutes for day trade. These haven't failed me yet.
You can try to track it and I may actually update it every week. Because these shades are made at a weekly timeframe. I used to be miserable in the beginning but since I learned to make this shaded chart
RSI DIVERGENCENifty RSI is showing a divergence in 4Hr Timeframe. This could be an indication for market reversal.
Nifty super weak!Nifty is super weak like BN. However, the downside in Nifty could possibly be restricted.
Based on today mornings price action, the weakness can sustain till around 23,550 levels.
I have taken a short position for target till 23,550. Will reassess once Target it hit.
Nifty will have to be traded L
Mother Line, Trend line and other resistnace up ahead to watch.Before Nifty can fly further there are some important resistances to be crossed in the near by zone are 24368 that is the high of Muhurat day, Mother line resistance at 24391, Trend line resistance near 24400. After closing above 24400, Nifty can quickly reach 24505 or even 24601 in a short time. Su
NIFTY : Trading Plan and Levels for 05-Nov-2024On 04-Nov-2024, Nifty showcased a strong downward trend followed by some consolidation. The session closed near 23,990, with critical support levels between 23,725 and 23,579, indicating a potential for a bounce in the coming session. Resistance is seen at 24,021, with a significant zone near 24,163
NIFTY : Trading Levels and Plan for 31-Oct-2024
Intro:
On the previous trading day, Nifty exhibited a mix of consolidation and upward momentum, with notable resistance zones tested near 24,594 . Key levels for 31-Oct-2024 have been identified, with trends marked as follows: yellow for sideways movement, green for bullish momentum, and
Nifty Views as Fresh Month began 01/11/2024I have tried to explain every thing on the chart.
lt is a broad based view based on significant levels existing on quarterly and monthly levels.
For, immediate trading one month look at weekly and monthly levels.
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current value of Nifty 50 Index is 24,213.30 INR — it has risen by 0.91% in the past 24 hours. Track the index more closely on the Nifty 50 Index chart.
Nifty 50 Index reached its highest quote on Sep 27, 2024 — 26,277.35 INR. See more data on the Nifty 50 Index chart.
The lowest ever quote of Nifty 50 Index is 279.00 INR. It was reached on Jul 3, 1990. See more data on the Nifty 50 Index chart.
Nifty 50 Index value has decreased by −0.47% in the past week, since last month it has shown a −3.85% decrease, and over the year it's increased by 25.16%. Keep track of all changes on the Nifty 50 Index chart.
The top companies of Nifty 50 Index are NSE:RELIANCE, NSE:TCS, and NSE:HDFCBANK — they can boast market cap of 209.28 B INR, 170.29 B INR, and 155.36 B INR accordingly.
The highest-priced instruments on Nifty 50 Index are NSE:ULTRACEMCO, NSE:MARUTI, and NSE:BAJAJ_AUTO — they'll cost you 11,176.35 INR, 11,170.10 INR, and 9,874.85 INR accordingly.
The champion of Nifty 50 Index is NSE:TRENT — it's gained 217.24% over the year.
The weakest component of Nifty 50 Index is NSE:INDUSINDBK — it's lost −25.49% over the year.
Nifty 50 Index is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy Nifty 50 Index futures or funds or invest in its components.
The Nifty 50 Index is comprised of 50 instruments including NSE:RELIANCE, NSE:TCS, NSE:HDFCBANK and others. See the full list of Nifty 50 Index components to find more opportunities.