Nifty 2 hr chart parten Nifty triangel chart partern has been formed in 2 hr time frame if break 22800 to 22600.it can be move further 21200 to 20800.it is my analysis. Not recommended buy or sell.
NIFTY trade ideas
2025.e3e471c972cd4e98bfaf43dab57eb4c7c5eea1641a89e53f{"ClientId":"FZ06764","TransactionType":"B","OrderType":"MKT","ProductType":"I","Price":"0","Exchange":"{{exchange}}","Symbol":"{{ticker}}","Code":"6ad13ef5d6f545ebba1e69b6c6a6d3a6","Quantity":"0"}
Nifty January 4th Week AnalysisNifty is looking weak. Any short covering would become a sell-on-rise scenario for bears unless Nifty crosses and sustains above 23470. On the downside, if Nifty breaches 22750, then it would be testing imp levels of 22630-22300. All levels are marked in the chart posted.
nifty IV WEEK jan 25 nifty may gain some momenturm next week and after budget it has to break the trend to continue the uptrend.
#Nifty50 Market Update: A Week of Weakness and What Lies Ahead
This week, Nifty closed at 23,203, down by 228 points from the previous week's close. It touched a high of 23,391 and a low of 23,047, reflecting a volatile yet cautious market sentiment. The candlestick pattern for the week is indicative of weak market sentiment, signaling growing bearish pressure.
As highlighted last week, the market saw a bounce used by institutional players to offload their positions, leading to a sharp pullback. The Nifty was confined within the range of 23,950 to 22,900, as anticipated. Looking ahead, I expect Nifty to continue oscillating between 23,750 and 22,700 in the coming week.
From a monthly perspective, the market remains in a selling phase, and until either the monthly or weekly timeframes shift into the buying zone, or Nifty tests key support levels near 22,400/22,300, the bears will likely maintain control.
S&P500 Update: Recovery with Caution
Over in the US, the S&P 500 has bounced back from the lows of 5,773 and closed just below the critical Fibonacci resistance level of 6,013. If the index manages to stay above 6,013 next week, we could see it testing higher resistance levels around 6,100.
However, expect potential selling pressure to kick in on Monday, and if the index dips below 5,900, it could test key support levels at 5,821, 5,773, or even 5,700.
Bottom Line: Brace for Volatility Ahead
In conclusion, selling pressure is expected to persist in the markets for the time being. Traders should prepare for a bumpy ride as we navigate through these volatile conditions. Stay alert, manage risk, and keep an eye on critical support and resistance levels.
Nifty weekly viewNifty Closed below previous (Dec) month and (Jan 6 - 10 )week low. Looks week and has started to make LH-LL structure
Looks more like a sell on rise market regime.
Resistances on the upside are 23400/ 23550/ 23700 / 24000 / 24200
Breaking PWL - 23047 will open target of 22700
Nifty on downward streak!Technicals looks bearish for nifty. The recent pull back was rejected in the last trading session to continue the downward streak after taking the resistance.
If this trend continues, nifty can likely see 23000 in short term and 22500 medium term
NIFTY INDEX INTRADAYNIFTY INDEX INTRADAY
The Nifty Index is currently showing intraday resistance levels at 23,300 and 23,500, while support levels are at 23,100 and 22,800. The global market is also showing an upside trend, which could positively influence the Nifty Index
NIFTY50.....As predictad with my forecast!Hello Traders,
the NIFTY50 is on track with my predicted scenario!
It fell to 23047 on Monday and the recovery since is weak!
So, I expect several lower lows in the coming week and a possible target range at or around 221xx area!
A buying opportunity is given above the range of 24188 to 24226 to establish a brand new buy signal!
The next wave, if so to come, could be strong without taking any deep breath! So, keep in mind, that the "weak-hands" are willing to give their positions and got shake off the market!
It is up to you, to cover <your calls or to liquidate them! But of course, that is what you have been doing for some weeks ahead!
Anyway! The stage has been set and we will see, how markets will play and mix the cards!
Have a great week......
Ruebennase
Please ask or comment as appropriate.
Trade on this analysis at your own risk.
NIFTY S/R for 20/1/25Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) :
Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum.
Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
Nifty close above 23170 this weekMy prediction,Nifty 50 will be wither side ways or upward but will no close below 23170. Retail investor who are buying put option this week be really careful.
"LONG" NIFTY 50 is approaching The "Accumulation Zone" (LTCIG)1. Key observation
Accumulation Zone 🟢
The chart identifies a critical "Accumulation Zone" between 22,600–22,800, highlighted in green.
This area serves as a strong support zone where buyers may step in, halting the current downtrend.
Significance: If NIFTY consolidates here, it could build momentum for a powerful reversal and potentially new all-time highs. 🚀
2. Notes on NIFTY Movement ✍️
"NOTE: NIFTY HAVE TO COME IN THIS ZONE FOR FLY UPWARD NEW HIGH" 🛫
This means for NIFTY to reach new heights, it must revisit and hold this accumulation zone.
Watch for bullish patterns like hammer candlesticks or breakouts in this region to confirm upward movement. 🔥
3. Best Price Range for Investments 💰
"BEST PRICE RANGE TO DO A LONG-TERM INVESTMENT" 🏦
Investors can find opportunities in this zone, with stocks available at significant discounts (40–60% off).
A perfect time for those planning long-term gains as the zone may represent undervaluation. 📈
4. Technical Indicators 🔍
RSI (Relative Strength Index):
Positioned near the oversold zone, indicating the downtrend is losing momentum and reversal is likely. ⚡
MACD (Moving Average Convergence Divergence):
The histogram shows weakening bearish momentum, further supporting the case for a reversal. 🔄
5. Resistance and Breakout Levels 🟡
If NIFTY holds the accumulation zone, key resistance levels to watch:
23,300 and 23,700.
Breaking these could pave the way for new all-time highs! 🌟
6. What to Watch For 👀
Volume Confirmation:
A spike in buying volume around this zone will validate accumulation and signal strong upward momentum.
Price Action:
Look for bullish candlestick patterns like hammers, engulfing, or inside bars.
Conclusion 🏁
NOTE↣ NIFTY 50 is approaching a pivotal moment. The "Accumulation Zone" offers an opportunity for traders and investors alike. 📉➡️📈
If this zone holds, expect a potential reversal with NIFTY aiming for new highs. 🚀🔥
Keep an eye on price action, volume, and RSI to confirm the trend! Happy Trading! 💹
🔴Disclaimer:
I am not a SEBI-registered advisor. This analysis and the suggested levels are for educational purposes only.Investments and securities are subject to market risk. Please carefully assess your risk tolerance before making any decisions.
If you really like this idea please iike,share,subscribe @Alpha_strike_trader
Closing above Mother line & Pitchfork median line unsuccessful.Nifty tried hard to close above Mother line of 50 Weeks EMA and Pitchfork median line this week but was unsuccessful. Closing above 23433 is imperial for Nifty to gain a bullish momentum. Pitchfork is used to determine the long term trend of Nifty. In this particular chart the Pitchfork starts from 2021 and extends till 2026 end. The upper side has lot of potential as you can see the top is leading towards 32.5K+. Even the Median line is leading towards the target close to 29K. Supports for Nifty in the medium term because of the current bearish trend are at 22.8K, 21.8K, 21.2K, 20.2K and finally 200 Weeks EMA or the Father line at 19.5K.(This looks improbable as of now on chart as these levels are even below the pitchfork trend channel.)
Usually the tops and bottoms of Pitchfork channel are not easy to break hence the worst case scenario as of now looks like 20.2K. Looking at the bigger picture IMF has declared a robust outlook for India for the next 3 years with GDP growing at an average of 6.63% for the next 3 years. (2025-6.5%, 2026-6.7% and 6.7%). However actual GDP growth can be much higher if the Government remains stable for a sustained period of time. The IMF estimates should be taken with a pinch of salt.
Long term investors can utilise every fall to add some blue chips. Remain selective in Mid and Small cap space as the PE in some of the Mid and small cap companies are still at unsustainable levels even after this fall. For Bulls to be back in business we need a weekly closing above Pitchfork median and Mother line at 23433. Weekly Closing above 23433 would have potential to take us near 24.5K or even above 25.5K levels in the short to medium term. Closing below 22.8K can bring little more wait and pain for investors. Good effort by Nifty this week but closing was not good. We need a strong move next week for Bulls to be back to business.
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 or index. 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. I or my clients might have positions in the stocks that we mention in our 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.
NIFTY50 @ 200 Day SMAToday we are plotting the US Dollar Index vs NIFTY50 (the top 50 Market Cap stock from India). India was one of the favourite in 2023 and 2024 has fallen out of favour. As the Dollar index is making new highs, NIFTY50 is making 20-Day, 50-Day, 100-Day and 200-Day Simple moving average . But 200-Day SMA has acted as a support and the index has jumped up form those price points. Will this time it will be different ? The Dollar index is going from a risk reversal and heading downwards. So this can be a tailwind for NIFTY50.
NIFTY DAILY LOG CHART 🚀 Breakout Watch: The index remains within a long-term upward channel, but a descending triangle/wedge pattern hints at a potential breakout or breakdown in the near term. Share this insight with your fellow traders—stay ready!"
Nifty Getting Ready for WAVE 4 in WAVE C PatternHow's the Josh Traders ?
I Hope you have enjoyed My Analysis On Nifty, Reliance, SBIN, ICICI bank, HDFC Bank and Made lot of Money.
Lets analize Nifty again,
As you can Clearly See Nifty is in ABC Pattern and Current Ongoing Wave is WAVE C.
Its an ZIGZAG Correction pattern ( 5-3-5 pattern ).
SO Wave 3 is completed and market is moving towards Wave 4 of WAVE C as you can clearly see in Chart which I Have drawn .
So HERE IS THE TRADE.
BUY NIFTY @ MARKET PRICE
SL @ 23000
TARGET 23600/23730
NOTE : THIS IS FOR EDUCATIONL PURPOSE, TRADE ACCORDING TO YOUR FINANCIAL ADVISOR.
HAVE A GOOD DAY TRADERS.
Nifty Trade SetupHello,
Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum.
Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend.
Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios.
Details is Mentioned in Chart, Read carefully.. .
#NIFTY Intraday Support and Resistance Levels - 17/01/2025Flat opening expected in nifty. After opening it will face resistance zone at 23350-23400 level. Any strong bullish rally only expected above the 23400 level breakout. Downside 23150 act as a support for today's session. Any reversal downside rally can be goes upto this support level in today's session.
NIFTY and BANKNIFTY Analysis for 17th Jan Hi All,
Sharing my analysis in NIFTY and BANKNFTY for 17th Jan. HOpe you enjoy it.
NIFTY heading towards 22800 levels..??As we can see despite the strong opening, NIFTY failed to sustain itself at higher levels and had been negative to sideways throughout the day. Following the structure, we can expect NIFTY to test its important demand zone around 22800 levels hence we can expect more of bearishness or sluggishness in the market before finally reversing so plan your trades accordingly and keep watching.
NIFTY TECHNICAL ANALYSIS For Investment P.O.VJust using zigzag drawing, tried to predict nifty downside possibility. So, we have to be careful about investment and trading strategy. A good buy is half profit done, so let's wait and look for investment according to market sentiment. Market may reverse, we have to update our strategy accordingly. So, practice more zigzag it may save your money and wish you all a big profit ahead.
Good Leap by Nifty today in anticipation of RIL/INFY results. Good Leap by Nifty today in anticipation of RIL/INFY results and closed 98 points up at 23311. Real test is the level of between 23377 (Mother Line) and 23398 (Important Resistance).
This includes today's high and Mother line resistance and another important resistance. After closing above this zone the next resistances will be at 23469, 23598, 23736 and finally 23770 (Father Line resistance of Hourly chart.)
Supports for Nifty on the lower side now remain at 23267, 23147 and 23053. If we get a poor result for Reliance these levels will be tested once again and there will be pressure on Bulls and Bears will again try to overpower Nifty. The tussle has reached a delicate stage now and thing can give. (Either a Breakout of Breakdown).
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 or index. 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. I or my clients might have positions in the stocks that we mention in our posts. We will not be responsible for any Profit or loss that may occur due to any financial decision.
