Nifty H&S PatternNifty formed Head & Shoulder Pattern Upside possible cross 24500 level Support 23800 once break then expected level 23600 / 23400 by ManojTembulkar2
BIGG FALL OR BIG RALLY!!! SOMETHING BIG IS COMING???1st head and shoulder target 23250 2nd big head and shoulder target 21800 If market corrects from here then it reaches the first target of 23250 or if market pulled back it will come upto 25050 forming shoulder of big H&S Pattern then fall is gonna big!!! Hopefully market reaches first target and bounce back so that we don't enter into bear market. Will get the clear update only between DEC-FEB. Shortby subakumardayalan1
Nifty chart to analyze gann fan analysis Nifty completed its high level on Gann fan 1/1 level drawn from corona period low point and made high of 27/09/2024 at 26277 without missing a single point. The election day low is also marked without missing a single point at 2/1 Gann fan level. The nifty may touch 22652 level i.e 2/1 Gann level till 3 feb 2025 after that nifty uptrend will get confirmed. The same chart had been published on 21/09/24 under ideaShortby sumamaurya3
Nifty Weekly Chart Analysis (Elliot Wave)- By SHUBHAM DHASMANAI have analyzed Nifty 50 Weekly candlestick Chart in terms of Elliot Waves. We are in the Correction phase as on 11/11/2024. Your Thoughts/comments are welcome. Thanksby I_SHUBH_AM2234
NIfty 50 Analysis for tomorrow (intrday level)today price opened on 4h orderflow and made a bullish wick which then got rejected at inside bar and in the end of day we have 1hr bearish fvg (orange) and downside we have 15mn OB (green) but it seems we would get to see liquidity sweep marked in white dots so wait or avoid trading the breakdown if the breakdown happens and price makes another bearish fvg then its valid or else it will invalid as trading short by Jimmy_RebelloUpdated 1
Nifty 50 corrective bounce nifty 50 elliot wave analysis daily time period . price come down impulse wave 1,2,3,4 or 5 . and Wave A complete one ya two day after index start bounce wave B . wave B internal a,b or c .by HARISHRAO99116
NIFTY 50 UPDATE 5 wave down WAVE 1 or A ending NOW The chart posted is my work on the The CANARY in the Coal mine ! NIFTY 50 .We should now see a rathe Nice ABC rally world wide as should GOLD now .Best of trades THE WAVETIMER !!!by wavetimer112
Nifty Weekly Outlook: A Potential Reversal AheadTechnical Analysis Bullish RSI Divergence: A significant bullish divergence is visible on the RSI (Relative Strength Index). While the price continues to make lower lows, the RSI is making higher lows, signaling that the bearish momentum is weakening. This is often a precursor to a trend reversal. Descending Channel: Nifty is currently trading near the lower boundary of a descending channel. This channel has been guiding the price action for the past few weeks. Historically, the lower end of such a channel acts as a support zone, with potential for the price to rebound towards the upper boundary. EMA Support: On the daily timeframe, Nifty is sitting near a key Exponential Moving Average (EMA), which has consistently acted as dynamic support. This EMA level strengthens the case for a rebound as buyers typically step in around such levels. Horizontal Support Zone: The price is also near a major horizontal support zone at 23,559, which has acted as a critical turning point in the past. This confluence of support levels makes this area crucial for bulls to defend. Volume Analysis: The recent decline has been accompanied by relatively low volume, suggesting a lack of strong selling pressure. A rise in volume near the support zone could confirm the presence of buyers. Why Nifty Could Go Up Momentum Shift: The RSI divergence indicates that bears are losing strength, and bulls could step in to take control. Support Cluster: The convergence of the descending channel, EMA, and horizontal support provides a strong base for a bounce. Reversal Potential: If Nifty breaks out of the channel on strong momentum, it could trigger a larger upside move. This setup aligns with technical principles, suggesting a potential reversal for few days yet the trend seemed to be down. However, traders should remain cautious of external factors such as macroeconomic events or global market sentiment. Always use proper risk management and avoid over-leveraging. by Rishabh11002
Nifty 50 Elliot wave analysis on 15 minutes chart.Nifty 50 Elliot wave analysis on 15 minutes chart. We are on a downward trajectory which is expected to continue for some time. Your thoughts/ideas are welcome.Shortby I_SHUBH_AM884
NIFTY50: INSTITUTIONAL LEVELS FOR 14/11/2024Overview This trading system combines simplicity with powerful insights for accurate entries and exits. It is structured for active traders using the 5-minute timeframe who want to make clear, confident trading decisions in fast-moving markets. Key Strategy Guidelines Retest Entries : Aim to enter trades on retests rather than breakouts, offering better positioning. Multiple Confirmations : Use more than one confirmation to validate each trade, helping avoid impulsive decisions. ATM Options Focus : Stick to at-the-money (ATM) options or above for optimal liquidity and manageable risk. System Explanation This setup leverages volume, historical price action, and price ranges to pinpoint high-probability entry and exit points. This methodology is designed to reduce guesswork, allowing traders to manage trades with a consistent approach. How It Works: Entry/Exit Signals Blue Line : Signals potential long entry. Red Line : Indicates potential short entry. Tip : Align these signals with additional confirmations from your trading strategy for optimal performance. Stop Loss and Take Profit Levels Stop Loss: Long Trades : Set your stop loss at the nearest red line below the entry point, or adjust based on whether the 5-minute candle crosses the red line. Short Trades : Use the blue line above as the stop loss. Take Profit: Long Entries :Target the next red line above or exit if other indicators suggest a prudent exit. Short Entries :Target the next blue line below following similar guidelines. Timeframe Recommendation This system is specifically optimized for the 5-minute timeframe, making it suitable for those trading shorter intervals with precision. Risk Disclaimer Trading involves high risk, and rapid price changes can lead to unexpected losses. Only trade with capital you can afford to lose, and carefully assess your financial situation and risk tolerance. Join the Community Discussion Engage with other traders to discuss strategies, share insights, and enhance your understanding of the markets. Let’s grow together as a community of traders. Original Content This trading system is the product of my own expertise and rigorous testing. It’s a unique approach developed through real market experience to offer a clear edge in trading.by tony_fx_sm7
NIFTY Outlook Next weekSee the chart...HS pattern pointing down to 23200..Also 23500 is the 200 EMA support..But as of now Nifty is in a confirmed bearish mode till otherwise..Read the chart..Thank you..This is jus a outlookby JUDEBOY3
Nifty is it towards 22800/22300 ? - Read description in detailFollowing my post on August 5 after a dead cat bounce, Nifty has started to form Cypher or Shark pattern on weekly time frame. For a Cypher pattern: it will touch 23870/23216/22800 To form a shark pattern fall may extend up to 22300. It is expected to complete this by December end.Shortby NileshPrajapati85Updated 3317
#NIFTY Intraday Support and Resistance Levels - 14/11/2024NIFTY will open gap up in today's session. After opening 23750 level will act as an immediate resistance for nifty. Downside 23500 level is important support zone. In case nifty gives breakdown of this level and starts trading below 23450 then strong downside expected. Any bullish rally only expected above 23800+ level.by TradZoo7
Nifty 50 in next 6 monthsPredicting a classic head and shoulder break to the downside. Exactly as happened in that circled areaby arupnagdt1114
Nifty & Sensex Analysis & Trade Plan for 18th NovemberNifty & Sensex Analysis & Trade Plan for 18th November07:21by rahulbora112
30 Months Channel of Nifty suggesting Father line supportThe 30 month channel in which Nifty is travelling seems to suggest that we are near 3 critical support zones. We might see a bottom formation within this week or the next week beginning. Perhaps the pain of retail investors might end soon with chances of sectoral rotation. Let us have a look at medium to long term outlook. As we have indicated time and again Nifty comes to meet the father line and take ashirwaad of father once in a while this is that phase. Last time Nifty came to take father line support was in October 2023. It has been more than one year now and it was imperative for Nifty to meet the Father line. FIIs helped in the process by selling enmass. Three Major Supports for Nifty are: 1) 200 day EMA or Father line at 23542. 2) High before Lok Sabha Election Results 23352. 3) Parallel Channel Bottom near 22845. Either of these 3 levels can be the come back zones. Three Major Resistances for Nifty going forward will be: 1) 24040 Critical short term trend line resistance. 2) Major Mother line (50 days EMA) Resistance at 24608. 3) Shoulder of the Head and Shoulder Breakdown from where the free fall started 25436. 4) Other important resistances will be at 26277 (Previous All Time High) 5) Channel Top resistance will be in the zone of 27037 to 27705. To Know more about Parallel Channel and Mother, Father and Small Child theory mentioned in the above message. Do read my book (The Happy Candles Way to Wealth Creation) available in E-version on Google Play books and Kindle. Paperback Edition is available on Amazon. by Happy_Candles_Investment1
Nifty 50 analysis- "In recent days, Nifty has formed a bearish head and shoulder pattern, indicating potential downside. It has currently reached 26,277.34, which is approximately 10.50% below its previous high. The 23,500 level is a crucial support zone, coinciding with the 200-day Exponential Moving Average (EMA). Historically, Nifty has tended to bounce off this 200-EMA. However, it's important to note that market sentiment has turned bearish. Therefore, a prudent strategy would be to adopt a cautious approach, considering selling into rallies until we receive clear signs of upward momentum."Longby ayushishri2
NIfty in deciding zone23800 is the number! if bulls manages to hold it on closing basis, we are still in for 25000 in the near term. there is a free fall below this number. so please trade accordingly, my personal opinion is that of a bullish move till 25000 or till the last bear exits the shorts.by vishman01062
#NIFTY Intraday Support and Resistance Levels - 12/11/2024Nifty will open slightly gap up in today's session. After opening it will face resistance at 24250 level. Possible reversal from this level upto 24050. But in case nifty starts trading and sustain above 24300 then possible strong bullish rally upto 24550 level in today's session. Major downside expected below 24000 level.by TradZoo9
Nifty & Sensex Analysis & Trade Plan for 14th NovemberNifty & Sensex Analysis & Trade Plan for 14th November07:19by rahulbora111
NIFTY 450+ Points Profit Short Trade: A Perfect Execution The NIFTY (15-minute timeframe) chart highlights a well-executed short trade setup, delivering exceptional precision and profitability. Using the Risological Trading Indicator , traders were able to navigate this trade seamlessly. Trade Highlights: Entry Point : Positioned at 24,207.85, following a strong bearish signal confirmed by the downward Risological Lines and swing trendline alignment. Targets Achieved : All targets were successfully hit: TP1: 24,128.20 TP2: 23,999.25 TP3: 23,870.30 TP4: 23,790.60 Stop-Loss: A tight SL at 24,272.35 ensured disciplined risk management. Key Observations: Risological Lines : The collapsing Risological Red lines indicated strong bearish momentum, guiding traders to confidently hold the short position. Momentum Continuation : Steady selling pressure confirmed the trade's directional strength, allowing all targets to be met efficiently. Conclusion: This trade on NIFTY showcases the power of technical analysis and precise execution. The well-structured risk-to-reward ratio made this short trade an outstanding success. Traders leveraging the Risological Indicator reaped impressive intraday profits—yet another win for technical discipline!Shortby ProfitsNinja2
#NIFTY Intraday Support and Resistance Levels - 13/11/2024Today will be flat opening in nifty. After opening important level for nifty is 23800 level. In case nifty gives breakdown of this level and starts trading below 23750 then possible strong downside movement upto 23500 level in today's session. Upside 24000 level will act as a strong resistance for the nifty.by TradZoo8
NIFTY50: INSTITUTIONAL LEVELS FOR 13/11/2024🔍 Overview This trading system combines simplicity with powerful insights for accurate entries and exits. It’s structured for active traders using the 5-minute timeframe who want to make clear, confident trading decisions in fast-moving markets. 📌 Key Strategy Guidelines 🔄 Retest Entries: Aim to enter trades on retests rather than breakouts for better positioning. ✅ Multiple Confirmations: Use more than one confirmation to validate each trade, helping avoid impulsive decisions. 💰 ATM Options Focus: Stick to at-the-money (ATM) options or above for optimal liquidity and manageable risk. 📖 System Explanation This setup leverages volume, historical price action, and price ranges to pinpoint high-probability entry and exit points. This methodology is designed to reduce guesswork, allowing traders to manage trades with a consistent approach. 📉 How It Works: Entry/Exit Signals 🔵 Blue Line: Signals potential long entry. 🔴 Red Line: Indicates potential short entry. 💡 Tip: Align these signals with additional confirmations from your trading strategy for optimal performance. 📊 Stop Loss and Take Profit Levels 🛑 Stop Loss: Long Trades: Set your stop loss at the nearest red line below the entry point, or adjust based on whether the 5-minute candle crosses the red line. Short Trades: Use the blue line above as the stop loss. 🎯 Take Profit: Long Entries: Target the next red line above or exit if other indicators suggest a prudent exit. Short Entries: Target the next blue line below, following similar guidelines. ⏰ Timeframe Recommendation This system is specifically optimized for the 5-minute timeframe, making it suitable for those trading shorter intervals with precision. ⚠️ Risk Disclaimer Trading involves high risk, and rapid price changes can lead to unexpected losses. Only trade with capital you can afford to lose, and carefully assess your financial situation and risk tolerance. 👥 Join the Community Discussion Engage with other traders to discuss strategies, share insights, and enhance your understanding of the markets. Let’s grow together as a community of traders! 🌐 ✨ Original Content This trading system is the product of my own expertise and rigorous testing. It’s a unique approach developed through real market experience to offer a clear edge in trading. by tony_fx_sm9