Inv Head and Shoulder in making in NIFTYActive above 23080 15min candle closing
Idea invalid if 15min candle closes below 22950...
NIFTY trade ideas
#NIFTY Intraday Support and Resistance Levels - 13/02/2025Today will be flat or slightly gap up opening expected in nifty. After opening if nifty sustain above 23050 level then only expected upside rally upto the 23250 level. This level will act as a strong upside resistance for today's session. Any bullish rally can give reversal from this level. Below 23000 level sharp downside expected in today's session.
NIFTY will reach 21378 by end of April 2025!nifty.....
is in 4th wave....
since wave 2 was shallow and only 38.2%, wave 4 will be deep and 61.6% as per alternation principle...
61.8% comes to 21378....
we can expect a fib. correlation between price and time...
since wave 4 ends at 61.8% by price, it will also end at 61.8% by time...
61.8% by time comes on 25th April 2025.
4th wave is also an 1.272 ab=cd pattern which end st 21288 which also more or less lines up with the 61.8% level......
as per above we can expect nifty down move to stop in the zone 21288-20378...
i have also drawn a channel, the bottom of which exactly lines up with our target...
make no mistake.... we have a good 1600/1700 points fall in nifty..
Nifty Review & Analysis - DailyPrice Action :
Nifty closed at 23072, down 1.32% after a sharp 200 points drop in 30 min, hitting an intraday low of 22986.
Technicals:
Nifty opened below previous day’s close and saw continued selling and saw sudden drop of 200 points in 2nd half and closed at 23072 down 1.32% forming a big Red candle suggesting weakness closing below 10,20,50,200 DEMA.
The momentum indicator, RSI - Relative Strength Index was down to 41
Support/Resistance
Major Support 22800
Immediate Support 22950
Immediate Resistance 23250
Major Resistance 23400
Trend:
Overall Trend is Bearish
Options Data:
Highest CE OI was at 23500, 23400 followed by 23300 - Resistance
Highest PE OI was at 22700 followed by 22800 - Support
23300CE 23400CE and 23500CE saw major addition signaling Shorts added
22700PE saw PE addition indicating support
PCR is 0.6 which indicates Bearishness
Futures Data:
FII Long/Short ratio improved to 14.5%/85.5%
FII exited 4K Longs in Future at 38K and Shorts intact at 1.9L contracts
Nifty Futures price was in down -1.4%, a slight decrease in price alongside slight increase in Open Interest (OI) typically indicates slight Bearishness
Outlook for Next Session:
Nifty is weak below 23000
Approch:
Short at higher levels for 22700 tgt
Wait for today’s High or Low to break and sustaines for further direction
My Trades & Positions:
Holding shorts from 23250 levels booked half at 23000
NIFTY 13th Feb 2025 Above the yellow zone → Bullish momentum is likely, meaning the price may rise toward the red resistance zones.
Below the yellow zone → Bears might take control, pushing the price toward the green support zones.
Green zones → Strong support levels, where price could bounce.
Red zones → Resistance levels, where price might face selling pressure.
NIFTY S/R for 13/2/25Support 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.
20 EMA (Exponential Moving Average):
Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 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 : Trading Levels and Plan for 13-Feb-2025
🔹 Key Levels:
📌 Resistance: 23,205 / 23,298 – 23,332 (Last Intraday Resistance)
📌 Support: 22,970 / 22,873 – 22,893 / 22,660 / 22,508
📌 No Trade Zone: 23,049 - 23,103 (Avoid trading inside this range)
📊 1️⃣ Gap-Up Opening (100+ points above previous close)
If NIFTY opens above 23,205:
Watch for rejection at 23,298 – 23,332: If price struggles, consider a short trade with SL above 23,350. Target: 23,205 – 23,100.
Sustained breakout of 23,332? Expect bullish momentum. Enter on a retest for targets 23,400 – 23,450.
Avoid impulsive longs at open: Wait for price to consolidate before entering trades.
💡 Pro Tip: If price rejects 23,298, sellers might step in aggressively. Consider buying Put options cautiously.
📊 2️⃣ Flat Opening (±50 points from previous close)
If NIFTY opens near 23,000 - 23,100:
No Trade Zone (23,049 - 23,103): Avoid trading here. Wait for price to break out clearly.
Break above 23,103? Expect bullish movement to 23,205. Go long above 23,105 with SL at 23,050.
Break below 23,049? Expect downside movement toward 22,970. Short below 23,045 with SL at 23,100.
💡 Pro Tip: In a flat opening, let price settle before making a decision. Patience pays!
📊 3️⃣ Gap-Down Opening (100+ points below previous close)
If NIFTY opens near 22,873 or below:
22,873 as support? If price holds, expect a bounce back. Go long above 22,900 with SL at 22,850.
Break below 22,873? Next major support is 22,660. Short below 22,870 with SL at 22,950.
If price reaches 22,660 and holds, expect a bounce. Look for buying opportunities around this level.
💡 Pro Tip: In a gap-down, avoid panic trades. Wait for proper confirmation before entering.
⚠️ Risk Management Tips for Options Trading
📌 Never chase a trade. Let price confirm the level before entering.
📌 Use stop-losses strictly. Protect your capital at all times.
📌 Avoid trading in the No Trade Zone. This is where stop-losses get hunted easily.
📌 Monitor IV (Implied Volatility). If IV is high, options premiums might be inflated. Consider spreads instead of naked options.
🔥 Summary & Conclusion
✅ Key Resistance: 23,205 / 23,298 – 23,332
✅ Key Support: 22,970 / 22,873 – 22,893 / 22,660 / 22,508
✅ No Trade Zone: 23,049 - 23,103
✅ Gap-Up: Watch resistance at 23,298. Breakout = bullish, rejection = short.
✅ Flat Opening: Wait for breakout/breakdown from No Trade Zone before entering.
✅ Gap-Down: 22,873 is crucial. Holding = bounce, breakdown = more downside.
🎯 Stick to the plan, follow discipline, and manage your risks!
⚠ Disclaimer: I am NOT a SEBI-registered analyst. This analysis is for educational purposes only. Trade at your own risk.
Nifty Might Consolidated Between 22800 -23150 in Short TermIn recent days market ignoring all good news Like Budget, Rate cut etc. and continue to downward journey, it would be continuously 6th negative days if closing below yesterday still Nifty Took Breath Near Previous Low 22800 acted as good support but not too much buying seen because of falling volume with increasing price so clearly signal that market have enough selling yet, so fresh buying position is risky although In this range we can see consolidation of nifty in few days before breaking 22800 level at closing basis.
NIFTY 12 FEB 2025This chart shows support (green levels) and resistance (red levels):
Analysis of the Chart
Resistance Levels (Red)
1 . 23,139.90
2. 23,178.00 - 23,193.75
Support Levels (Green)
The price is currently testing support at around 22,929.95 - 22,920.60.
If this support holds, we may see a bounce back up.
If this level breaks, the price could fall to the next support zone at 22,802.60 - 22,783.20.
#NIFTY Intraday Support and Resistance Levels - 12/02/2025Today will be slightly gap up opening expected in nifty. After opening if it's sustain above 23050 level then expected reversal upto the 23250 level. 23250 level will act a strong resistance for today's session. Possible nifty will goes further downside from this level. Important support for today's session is 23000-23050 zone. Sharp downside expected below the 23000 level.
Nifty Intraday Support & Resistance Levels for 12.02.2025Tuesday’s session saw Nifty opening flat, made high of 23,390.05, it failed to hold near demand zones and plunged to a low of 22,986.65. It closed at 23,071.80, losing 310 points from the previous close. The Weekly and Daily Trends (50 SMA) remain sideways, indicating a lack of clear direction.
Demand/Support Zones
Near Demand/Support Zone (Daily): 22,642.60 - 22,910.15 (Tested)
Near Minor Demand/Support Zone (30m): 22,786.90 - 22,843.30
Far Support Level: 21,281.45 (Low of 4th June 2024)
Far Demand/Support Zone (Daily): 20,769.50 - 20,950
Supply/Resistance Zones
Near Supply/Resistance Zone (75m): 23,248.45 - 23,301.75
Near Supply/Resistance Zone (125m): 23,316.30 - 23,409.65
Near Supply/Resistance Zone (Daily): 23,443.20 - 23,807.30
Far Supply/Resistance Zone (Daily): 23,976 - 24,196.45
Far Supply/Resistance Zone (Weekly): 24,180.80 - 24,792.30
Outlook
Nifty’s sharp decline below 23,100 suggests increased bearish momentum. The next key support lies around 22,642 - 22,900, and a break below this zone could push it further down. On the upside, 23,250 - 23,400 remains the immediate resistance.
NIFTY back to our strong demand zone ! As we can see NIFTY is now trading at important demand zone and psychological levels of 23000 and this level had been a confluence of multiple trendline supports hence we can again expect a REVERSAL from this zone for a new swing so keep watching and plan your trades accordingly.
Nifty & Bank Nifty Projection 12.02.25 Ke Liye### **Nifty and Bank Nifty & Their Components**
1. **Nifty 50** is a benchmark stock index of the National Stock Exchange (NSE) that represents the top 50 companies across various sectors in India.
2. **Bank Nifty**, also known as **Nifty Bank**, is a sectoral index that includes the top 12 banking stocks listed on the NSE.
3. Nifty 50 was introduced in **1996** by NSE and is widely used as an indicator of the Indian equity market.
4. Bank Nifty was launched in **2000** to track the performance of the banking sector.
5. The calculation of both indices is based on the **free float market capitalization** method.
6. Nifty 50 comprises multiple sectors, including IT, Banking, FMCG, Pharma, Auto, and more.
7. Bank Nifty consists of **public and private sector banks**, making it a key index for banking sector performance.
8. Some of the major constituents of **Nifty 50** include **Reliance Industries, TCS, Infosys, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, HUL, and Bharti Airtel**.
9. The key components of **Bank Nifty** are **HDFC Bank, ICICI Bank, Kotak Mahindra Bank, State Bank of India (SBI), Axis Bank, and IndusInd Bank**.
10. **Nifty and Bank Nifty are both traded through futures and options (F&O)**, making them popular among traders.
11. **Nifty serves as a broad market indicator**, reflecting the overall performance of the Indian economy.
12. **Bank Nifty is more volatile** due to the banking sector’s sensitivity to interest rates and economic policies.
13. The **Reserve Bank of India (RBI) policies**, repo rates, and inflation data impact **Bank Nifty’s movement**.
14. **Global cues**, such as the US Federal Reserve decisions, oil prices, and geopolitical events, influence Nifty 50.
15. Nifty and Bank Nifty indices are used for **portfolio diversification and hedging strategies** by institutional and retail investors.
16. **Nifty 50 has outperformed many global indices** over the years due to India’s strong economic growth.
17. **Bank Nifty experiences high volatility during RBI policy announcements**, budget sessions, and quarterly results of banks.
18. **Financial and IT stocks hold significant weightage in Nifty 50**, making them key drivers of index movement.
19. **Bank Nifty is one of the most liquid indices** in the F&O segment, attracting large trading volumes daily.
20. Nifty’s movement is closely tracked by **mutual funds, ETFs (Exchange-Traded Funds), and foreign institutional investors (FIIs)**.
21. The **lot size of Nifty futures and options changes periodically** based on SEBI regulations.
22. Bank Nifty has **higher risk and reward potential** compared to Nifty 50 due to its smaller number of components and higher fluctuations.
23. Both indices are rebalanced periodically to **include or exclude stocks based on market capitalization and liquidity**.
24. **Nifty 50 and Bank Nifty are crucial indicators** for traders, investors, and policymakers in analyzing market trends.
25. Investing in **Nifty ETFs and Bank Nifty ETFs** is a passive way for long-term investors to gain exposure to these indices.
