Nifty levels - Apr 25, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
NIFTY trade ideas
Nifty--Demand Zone and Liquidity @23400 Nifty index is broken the strong resistance at 23800 levels and taken the liquidity at 24220 levels...
now price action is sideways or trading in a range bound market.
expecting some pullback for further continuation....
wait for buyers exhaustion before short...
we have a clear demand zone at 23400 levels...
when price confirms the bullishness here, after the liquidity grab below the demand will observe a strong up move again...
there are bullish gaps @22800 levels...price has to give pullback for further upside move...
the above one is a clear buying plan for the targets of 24800 and 25200 liquidity.
--->>still we have no sign of bearishness is seen in Nifty.
NIFTY SHORT SETTING UPSimilar to my previous post on BN, Nifty is now setting up for a short trade.
Notice that the index is struggling to make fresh highs.
Notice the Lower Highs being formed.
In my analysis, if we get a negative candle closing below 24,250 it can lead to short covering and we can have a snap back to the mean.
This is again a Mean Reversion set up that I'm targeting similar to BN.
#NIFTY Intraday Support and Resistance Levels - 24/04/2025Gap down opening expected in nifty. Expected opening near 24200 level. 24200-24300 levels are the consolidation zone for the today's session. Strong upside rally expected if nifty starts trading and sustain above 24300 level. Any downside only expected below 24200 level. Downside 24000 level will act as a strong support for today's session.
24 April Nifty50 trading zone prediction #Nifty50 #option trading
99% working trading plan
👉Gap up open 24382 above & 15m hold after positive trade target 24483, 24570
👉Gap up open 24382 below 15 m not break upside after nigetive trade target 24233, 24120
👉Gap down open 24233 above 15m hold after positive trade target 24382, 24480
👉Gap down open 24233 below 15 m not break upside after nigetive trade target 24120, 24000
💫big gapdown open 24120 above hold 1st positive trade view
💫big Gapup opening 24483 below nigetive trade view
Trade plan for education purpose I'm not responsible your trade
More education follow & support me
NEXT STOP 23800..??As we can see NIFTY has broken and sustained itself above all our supply zones confirming the bullish bias but yet to close its weekly candle above the given supply zone. If it closes then every dip can be bought for new ATH in NIFTY so plan your trades accordingly and keep watching everyone.
Nifty Analysis EOD - April 23, 2025🟢 Nifty Analysis EOD - April 23, 2025 🔴
"Hanging Man Candle on Bullish Trend—Pause or Plot Twist?"
📊 Market Recap:
As anticipated from the ongoing bullish structure, Nifty opened with a strong Gap-Up at 24,357, adding +192 Points (+0.79%) to the charts. However, what looked like a continuation day quickly turned cautious. The initial candle marked the day’s high (Open = High scenario, nearly exact) and started a gap-filling move, pushing prices back to CPR.
The market respected CPR as a support, then moved back towards its mean (VWAP) where the PDH + R1 zone resisted price action effectively until 1 PM. Post that, Nifty finally broke out, sustained above the zone, and closed at 24,300—still holding gains despite a red candle, which visually seems bearish but technically closes above VWAP + PDH. Hence, a hidden bullish undertone remains.
🕯 Daily Candle Check: Is It a Hanging Man?
A textbook Hanging Man candle appears to have formed on the Daily Chart—a bearish reversal pattern that shows potential weakness at the top of a rally.
📌 Candle Stats:
Body: 28 points
Lower Shadow: 209 points
Upper Shadow: 2 points
Shadow-to-body ratio: 209 / 28 = 7.4x
✅ Trend Context: Yes, uptrend present
✅ Candle Structure: Meets all parameters
👉 Verdict: Confirmed Hanging Man Candle
This hints that selling pressure is gradually creeping in while buying strength might be exhausting. But a Hanging Man alone isn't a trade trigger—confirmation is key. So we watch tomorrow’s session to decide whether it’s just a pause or a trend shift.
📈 Intraday Insight: Head & Shoulders Pattern
During the session’s consolidation and bounceback phase, a Head & Shoulders pattern played out intraday with its target being 24,300—achieved successfully by EOD.
🔍 Pattern Recap:
This bullish reversal structure shows three dips, with the central one (head) being the deepest and two shallower ones (shoulders). A break above the “neckline” confirmed bullishness—supporting the rebound above VWAP.
📌 Gladiator Strategy Update
ATR: 350.19
IB Range: 94.75 (Small IB)
Market Structure: Imbalanced
🎯 Trade Highlights:
First Trade: Short – Triggered at 10:05 AM — ✅ 1:1.5 Target Achieved
Second Trade: Long – Triggered at 13:40 PM — ✅ 1:1.5 Target Achieved
Additional Trade (H&S Pattern): Long – Triggered at 11:40 AM — ✅ Pattern Target Achieved
🧠 Index Performance Snapshot:
Nifty 50: +161 Points (+0.67%)
Bank Nifty: -277 Points (-0.5%), but a new ATH at 56,098
Nifty 500: +152 Points (+0.69%)
Midcap: +644 Points (+1.18%)
Smallcap: +74 Points (+0.44%)
📌 Key Levels to Watch
📍 Resistance Zones:
24,330 ~ 24,360
24,480 ~ 24,540
24,800
📍 Support Zones:
24,190 ~ 24,225
23,950 ~ 24,000 (Immediate)
23,820
23,660 ~ 23,710
23,500
23,400 ~ 23,430
23,200 ~ 23,190
🧭 Final Thoughts:
"Reversal or Reset? Structure is key. When levels work, respect them. When they break, adapt."
✏️ Disclaimer ✏️
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
Bearish Divergence in Nifty – 30-Min Chart Signals CautionNifty’s been grinding higher on the 30-minute chart, printing fresh highs—but RSI isn’t buying it.
🟢 Price: Higher highs
🟣 Oscillator: Lower highs
That’s a classic bearish divergence—a potential red flag for an upcoming correction.
Momentum is fading even as price climbs. This usually hints that the trend’s running on fumes. A short-term pullback or pause in the rally could be just around the corner.
💡 Traders: Watch for confirmation, consider tightening stops, and don’t get caught chasing highs blindly.
Nifty levels - Apr 24, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
#NIFTY Intraday Support and Resistance Levels - 23/04/2025Gap up opening expected in nifty. After opening if nifty sustain above 24250 level then upside rally upto 24500+ level expected in index. Upside 24500 level will act as a strong resistance for today's session. Any further strong rally only expected after breakout of this level. Any downside movement only expected if nifty starts trading below 24200 level.
A doji at the top in Nifty. Reversal? 22nd April nifty daily candle formed a Doji at the top of the rally. It's a sign to be cautious. We can see a retracement of nifty back to 24121 (Spot) which is a fibo level. Once it touches that we can see what will happen next. Even a gapup today don't be bullish and be watchful of price action. With bad news coming through we can see a retracement happening.
NIFTY facing rejection!?As we can see NIFTY is showing signs of rejection from our zone despite being strong forming a doji kinda candlestick. Now following the global cues, we can expect NIFTY to open stronger but hitting the even strong supply zone after filling the gap which can lead to further fall after strong opening so plan your trades accordingly and keep watching.
NIFTY 50 KEY LEVELS FOR 23/04/2025// All credit goes to Tony for the concept of this indicator. His Trading View link: tradingview.com/u/tony_fx_sm/
// Note: The calculation method in this indicator differs from Tony's, but the concept is derived from his work.
I want to make it clear that I am not a seller, and this method was not taught to me by anyone. The original creator only gave me one clue:
👉 "If you get one level, you get all levels."
Everything else—the way I nail it the method and applied it—is my own work. I respect the original idea, but my approach is independent.
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
Nifty 24167 Trend directionNifty 24167 has given possibly for an evening star pattern. Support is at 23628 and if tomorrow's trade was below 24164 it will confirm the evening star pattern and would open the bearish gate.
FII's have added Future contracts while winding up PUTS .
78 K Net contracts are yet to be closed by FII's
So we expect Nifty will be moved up to complete the further more PUTS windup
Nifty 50 Movement Update for 23/04/2025Support: The chart indicates a support level at ₹24250 for 23/04/25.
Resistance: The chart indicates a resistance level at ₹24500 for 23/04/25.
Gap Up: There is a gap up visible on the chart around the ₹24270 level for 23/04/25.
It's important to remember that these levels are based on the technical analysis presented in this specific chart. Market conditions can change, and these levels might be tested or broken on the actual trading day.