04-02 Nifty key levels Dear traders,here are the key levels for nifty 04-02-25, important support and resistance for intraday, based on previous day movement and market trend. Green horizontal lines represent support zone Red horizontal lines represent resistance zone Note: Intraday view only.by ramprakashmp0
Nifty Potential Move aheadNifty is approaching the narrow end of a descending triangle pattern. A decisive valid break of the upper channel of this formation will lead the prices to 24775 to 24931 and final target of 25530. Above 25530 the entire trend will once again turn bullish. Until then it is a sell on rise kind of a market. if the annual results are good and corporate commentary is well projected then we can expect some relief and a positive change. On the other hand if we see a break of the lower band then we may see prices first testing the 22277 levels. Incase the annual results are not in line with expectations and management commentary of majority of companies is not very supportive then we may see a bottom formation by the end of the year. We will conclude our reason for trade this year based on the alignment of this fundamental analysis and technical analysis parameters. Once they are aligned we will look to a good trading opportunity in that direction. The whole idea and levels are shared only and strictly for educational purpose only. Trading & Investment in securities is subject to market risk and one must do his/her own research before making any trading decision or seek professional help from a registered advisor.by VineetJain_TradingSiksha2
Nifty & Sensex Analysis & Trade Plan for 4th FebruaryNifty & Sensex Analysis & Trade Plan for 4th February04:42by rahulbora111
Nifty want to Move upward but facing global challangenifty facing resistance of budget day Low 23350 might give upward rally toward 23800. if sustain above 23350.by rahul255
Nifty Trend directionNifty 23280 - As posted in last posting has dropped to 23222( close to 23010 ). Nifty is weak and so Bought Nifty 2300 PUT @ 119 at 10:30 at Nifty 23280by subraviUpdated 0
Nifty- Elliot Wave Analysis. Hourly ChartNifty- Elliot Wave Analysis. Hourly Chart. Nifty is expected to show Upward MovementLongby I_SHUBH_AM2220
#NIFTY Intraday Support and Resistance Levels - 03/02/2025Gap down opening expected in nifty near the 23400 level. After opening if it's sustain above 23400 level then possible upside movement in nifty 23600 level. For today's session 23600 will act as a strong upside resistance for nifty. Major downside expected if nifty starts trading below the 23350 level this downside can goes upto 23150 level after the breakdown. by TradZoo6
NIFTY : Trading levels and Plan for 03-Feb-2025NIFTY Trading Plan for 03-Feb-2025 Key Levels to Watch: Resistance Zones: 🔴 Intraday Resistance Zone: 23,622 - 23,672🔴 Profit Booking / Sideways Zone: 23,822 Support Zones: 🟠 Opening Support / Resistance Zone: 23,475 - 23,565🟢 Opening Support at Retracement: 23,367🟢 Last Intraday Support (Must Try Zone): 23,229 - 23,259🟢 GAP-UP Opening (100+ Points) (Typically above 23,600 region) ➡️ If NIFTY opens above 23,565 and sustains, we need to observe price action at 23,622 - 23,672 (intraday resistance zone). Bullish Scenario: If price consolidates above 23,672 and breaks out with volume, expect a rally towards 23,822 (profit booking zone). 📈📌 Entry: Above 23,672🎯 Target: 23,750 - 23,822❌ Stop Loss: Below 23,600 Bearish Rejection: If price rejects from 23,672 and fails to sustain, expect a pullback towards 23,500 - 23,475 .📌 Entry: Below 23,620 after confirmation🎯 Target: 23,500 - 23,475❌ Stop Loss: Above 23,680 📝 Educational Tip: In strong gap-up scenarios, avoid chasing the market immediately. Let the price consolidate near key resistance levels before taking a trade. ↔️ Sideways Possibility: If NIFTY stays between 23,565 - 23,672 , it may remain range-bound. Wait for a breakout. ⚖️ FLAT Opening (Near 23,470 - 23,500) ➡️ A flat opening would indicate market indecision and a need for further confirmation. Bullish Bias: If price takes support at 23,475 - 23,500 and starts moving up, it can retest 23,622 , then 23,672 .📌 Entry: Above 23,500 after bullish confirmation🎯 Target: 23,622 - 23,672❌ Stop Loss: Below 23,450 Bearish Breakdown: If NIFTY breaks below 23,475 , expect a move towards 23,367 or even 23,259 (last intraday support).📌 Entry: Below 23,475🎯 Target: 23,367 - 23,259❌ Stop Loss: Above 23,525 📝 Educational Tip: Flat openings require patience. Let the market establish a clear direction before entering. Avoid overtrading in a choppy market. 🔴 GAP-DOWN Opening (100+ Points) (Typically below 23,375) ➡️ If NIFTY opens below 23,367 , it indicates weakness and possible downside towards 23,259 - 23,229 . Bearish Continuation: If price sustains below 23,367 , expect selling pressure towards 23,259 and 23,229 .📌 Entry: Below 23,367🎯 Target: 23,259 - 23,229❌ Stop Loss: Above 23,400 Bounce Back Scenario: If NIFTY takes support at 23,259 and shows strong reversal, we may see a move back towards 23,367 or even 23,475 .📌 Entry: Above 23,275 after confirmation🎯 Target: 23,367 - 23,475❌ Stop Loss: Below 23,220 📝 Educational Tip: In gap-down scenarios, watch for institutional buying or aggressive selling. Avoid counter-trend trades without confirmation. 📌 Risk Management Tips for Options Traders ✅ Trade with Defined Risk: Always set a stop loss before entering a trade.✅ Avoid Overleveraging: Keep position sizes within your risk tolerance.✅ Watch for Volatility: Sudden spikes in IV (Implied Volatility) can impact options pricing.✅ Exit at Key Levels: If a trade reaches resistance/support, book partial profits.✅ Use Spreads for Safety: Instead of naked options, consider spreads to minimize risk. 📊 Summary & Conclusion Gap-Up: Watch for resistance at 23,672 ; breakout targets 23,822 . Flat Opening: Key support at 23,475 ; break above 23,500 can lead to bullish movement. Gap-Down: Below 23,367 , expect 23,259 - 23,229 ; bounce possible from support. 🛑 Disclaimer: I am not a SEBI-registered analyst. This analysis is for educational purposes only. Trade at your own risk. 🚀 Happy Trading & Stay Disciplined! 💰by LiveTradingBox3
Nifty Intraday Support & Resistance Levels for 03.02.2025Saturday’s special trading session saw Nifty opening flat and rallying to 23,632.45, just missing the 75m Supply/Resistance Zone (23,645.05 - 23,726.85) before facing selling pressure and dropping to a day low of 23,318.30. It later recovered slightly, closing at 23,482.15, down 26 points from the previous close. Both Weekly and Daily Trends (50 SMA) remain sideways, indicating a consolidating market. Demand/Support Zones Near Demand/Support Zone (15m): 23,141 - 23,205.70 Near Demand/Support Zone (30m): 22,786.90 - 22,843.30 Far Demand/Support Zone (Daily): 21,791.95 - 22,910.15 (Tested) Far Support Level: 21,281.45 (Low from 4th June 2024) Supply/Resistance Zones Near Supply/Resistance Zone (Daily): 23,496.15 - 23,795.20 (Tested) Far Supply/Resistance Zone (75m): 23,645.05 - 23,726.85 Far Supply/Resistance Zone (Daily): 23,976 - 24,196.45 Far Supply/Resistance Zone (Daily): 24,601.75 - 24,782.15 Far Supply/Resistance Zone (Weekly): 24,180.80 - 24,792.30 Outlook With Nifty hovering near key resistance levels, watch for breakouts or reversals in the coming sessions. A move above the 75m Supply Zone (23,645 - 23,726) could trigger further upside, while a failure to sustain may lead to a retest of lower support zones.by PriteshPalan1
Will Nifty rally or revisit 16000??Nifty has been on a one way rally after breaking out of the orange channel and made a new green channel....Now it is in corrective phase, and it could rally from here....2 questions we have to ask, are the valuations justifiable at these levels and secondly is there a catalyst to take this higher....Frankly when markets go up too high too fast, the corrections are brutal even though the overall trend may be up.....I don't trade nifty as options aren't my thing, But the price action is a little disturbing when you zoom out.....If we eneter a mini bear phase, I expect support at 21000, failing which, 18000 and finally 16000....This will not happen immediately, but gradually as many stocks in nifty are still over valued....I am still invested in the stock market for the long run and will average out my stocks at key levels....But just pay attention to the channels and don't have very high expectations....FIIs are still in sell mode which is partially offset by DIIs....retailers are always euphoric.....Don't take action based on my drawings, if it makes sense to you, you will know how to deal with the market.....by Roopesh804
Upcoming move I am seeing next move like this, We are still to make a interim bottom and then a bounce .. *For educational purpose onlyShortby VishalSancheti227
#nifty50 Week ahead, 3-7th Feb 2025The Nifty ended the week at 23,482, up nearly 400 points from last Friday’s close, with a high of 23,632 and a low of 22,786. With Saturday's budget announcement and tax break news, all eyes will be on Monday, which could be a game-changer. The new tax slabs will bring relief to many in the middle class, but institutional investors are carefully assessing its impact on the broader market. Monday’s closing could give us a clearer picture of how they’re positioning themselves, making it a critical day to watch. Looking ahead, I anticipate Nifty may trade within the range of 24,000 to 22,950 next week. However, the weekly and monthly charts are still in a bearish phase, and until we see a shift toward a bullish trend on at least a weekly timeframe, the best approach remains to "sell on rallies." Meanwhile, the S&P 500 closed at 6,040, about 60 points lower than last week. It tried to break through the strong resistance at 6,100 but couldn’t manage it. The weekly chart suggests a potential "W" pattern, but for that to play out, the index may need to drop and test support levels of 5,880-5,850. If that happens, it could trigger selling pressure on global markets, including India. It’s going to be a crucial week ahead—prepare for a potentially volatile market environment!Shortby ssudhirsharma113
Nifty Deep AnalysisAnalyzed and quite amazed with the re-occurring of similar pattern. Will keep a eye on 23700 & 24100. If it will not cross then we can see downside.by skumarinsweden0
NIFTY FEBRUARY 1st WEEK ANALYSISNifty at present looks vulnerable for upside until it crosses and sustains above 23670. Once it crosses and sustains above 23670, we can expect good momentum up to 23900-24100 . On the downside, on a breach of 23270, we can expect sharp momentum on the downside up to levels of 22800-500 . Expect high volatility in the first half of the week . All levels are marked in the chart posted.by IshanMathur052
BUY NIFTY 23500 PE 6th Feb @ 150 - 155 | NIFTY SELL TRADENIFTY 23500 PE 6TH FEB EXP NIFTY OPTIONS BUYING TRADE TIME FRAME RECOMMENDED TO TRACK TRADE: 5 MINS Hi Traders, The Nifty index looks weak and facing resistance at higher levels, presenting a potential sell-on-rise opportunity. We recommend exploring the 23500 Put Option (expiring on 6th Feb) within the price range of ₹155–150. Target levels: ₹210, ₹250, and ₹350 Stop Loss (SL): ₹120 Regards, OptionsDaddy Research TeamShortby Options_DaddyUpdated 1120
NIFTY : 20 DEMA& 50DEMA CROSS OVER LOOKS BULLISHNIFTY:Has given a positive crossover of 20DEMA over 50 DEMA,also trading above its trend line resistance,suggests a break out towards 23750+ spot.i will be a buyer even on dips till 23350(for educational purpose only)Longby CSB680
Further FIb levels for nifty after budgetResistance sell opportunity 1st level 23673 Resistance sell opportunity 2nd level 24025 Support Buy on dip level 23124 📢 Disclaimer: This post is for educational purposes only. Investments in the stock market are subject to market risks. Please consult a financial advisor before making any trading decisions.by the_fib_trader0
NIFTY 50 KEY LEVELS FOR 01/02/2025**Explanation:** This trading system helps you avoid blind trades by providing confirmation for better entries and exits. **Entry/Exit Points:** - **Entry/Exit Lines:** Use the BLACK line for long trades and the RED line for short trades, based on confirmation from your trading plan. - **Stop Loss:** For long trades, set the stop loss at the RED line below. For short trades, set it at the BLACK line above. - **Take Profit:** For long trades, target the next RED line above. For short trades, target the next BLACK line below. **Timeframe:** Use a 5 mins timeframe for trading. **Risk Disclaimer:** This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.by nandupk332
Nifty Support & Resistance Levels for Budget Day 01.02.2025Friday’s session saw strong bullish momentum, with Nifty opening positive, making a day low of 23,277.40, and rallying to a high of 23,546.80 by the end of the session, entering the Daily Supply/Resistance Zone (23,496.15 - 23,795.20). The index closed at 23,508.40, gaining 259 points over the previous close. The Weekly and Daily Trends (50 SMA) are now sideways, indicating a potential shift in market sentiment. Demand/Support Zones Near Demand/Support Zone (15m): 23,141 - 23,205.70 Near Demand/Support Zone (30m): 22,786.90 - 22,843.30 Far Demand/Support Zone (Daily): 21,791.95 - 22,910.15 (Tested) Far Support Level: 21,281.45 (Low from 4th June 2024) Supply/Resistance Zones Near Supply/Resistance Zone (Daily): 23,496.15 - 23,795.20 Far Supply/Resistance Zone (75m): 23,645.05 - 23,726.85 Far Supply/Resistance Zone (Daily): 23,976 - 24,196.45 Far Supply/Resistance Zone (Daily): 24,601.75 - 24,782.15 Far Supply/Resistance Zone (Weekly): 24,180.80 - 24,792.30 Outlook With the Union Budget 2025 being presented in Parliament, expect heightened volatility during Saturday’s special trading session on 1st February. For intraday trading, focus on higher time frame zones (75m, Daily, Weekly) rather than lower time frames (30m, 15m, 5m) for better clarity and reduced noise. by PriteshPalan1
Nifty Trend direction ..Nifty 23508 - Descending Triangle pattern. Target 23753 Triangles are reliable chart patterns used in technical analysis. The patterns connect the beginning of the upper trendline to the beginning of the lower line. The upper line connects the highs while the lower line connects the lows in that security.by subravi4
Superb weekly closing with Bullish Engulfing candle by Nifty. Superb weekly closing at 23508 with a closing above 50 Weeks EMA (Mother line) which was at 23423. This came along with Bullish Engulfing candle by Nifty now all eyes on Nirmalaji (Indian FM) to deliver a great budget and turnaround this bullish candle into a proper Bull rally. Now the only thing that can stop us and fizzle the rally would be a dank budget. Supports for Nifty remain at 23136 and 22838. Below 22838 the rally can fizzle out into the bear territory again. In such a scenario Bears can drag Nifty further down to 22316, 21869. Below 21869 major support will be near 200 Weeks EMA at 19578. Historical resistances for Nifty based on previous Peaks and Valleys can be at 23883 (Trend line resistance), 24281 and 24904. After getting a closing above 24904 market can think of regaining 25K or even 26K levels. RSI is entering the Bull Zone as well with closing this week at 45.60. RSI Resistance is at 47.49 that is something to look at. 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 or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. 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. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.by Happy_Candles_Investment2
NSE NIFTY looks great for long📊 Analyzing **NIFTY 50 (NSE:NIFTY)** across multiple timeframes: **22-day time frame**, **Weekly time frame**, **Daily time frame**, and **4-hour time frame**. 📈 NIFTY looks very strong and has the potential to move up by 200 points from the current level. A bullish breakout could push it toward new resistance levels. 🟢 Key Levels to Watch: 🔹 **Immediate Support:** Near recent consolidation zone. 🔹 **Resistance Levels:** 200-point rally zone ahead. 🔒 Stop Loss should be placed below key support levels for risk management. 🔍 We are using trend analysis, volume confirmation, and price action to identify this setup. NIFTY’s momentum is aligned with higher timeframes, suggesting strength in the uptrend. **Bullish View:** Breakout could lead to further gains with strong momentum. **Bearish View:** A failure to sustain above support could trigger a retracement. 📊 A powerful trend in development! Watch for volume confirmation before entering. 🚀🔥 ⚠️ **Note:** If NIFTY fails to hold its support zone, a retracement is possible be Longby MarxBabu0