#NIFTY Intraday Support and Resistance Levels - 23/01/2025Flat or slightly gap down opening expected in nifty. After opening if nifty gives reversal from 23150 level then possible downside movement upto 23000 level in today's session. Further upside rally only expected if nifty starts trading and sustain above the 23200 level in today's session. by TradZoo4
Nifty 50As per my Analysis, Recovery Zone Ahead in Nifty🔼 if it goes above 23250-23350 because Dxy is started looking --> Momentum Weak in weekly chart; (as per macro. it may takes time) Not Bullish, but Bearish Momentum is gone in DXY in Weekly chart; as soon as the Quarterly Results comes Good in Stocks; Trump Factor may Slow Down; ⚠Educational Purpose only! Profit/Loss is your Responsibilityby growbharat20051
NIFTY 50 KEY LEVELS FOR 23/01/2025**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 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 nandupk0
NIFTY S/R for 23/1/25Support 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. by zenthosh0
Nifty Review & Analysis - Daily Price Action : Nifty opened flat and 1st half of session traded sideways and tested previous day’s low to find some buying around 23000 levels and bounced to close above 23150. Technicals: Nifty was calm for most of the day and consolidated around 23000 levels and bounced in last part of session to close above 23150 (near term Resistance) around day’s high, which is a positive take away for the day. The index formed a kind of Bullish Harami Nifty trading below 10, 20, 50, and 200-day EMAs. The momentum indicators, RSI - Relative Strength Index improved to 39, and MACD (Moving Average Convergence Divergence) remains below the zero line, indicating weakness still persists. Support/Resistance Major Support 22800 Immediate Support 22950 Immediate Resistance 23300 Major Resistance 23450 Trend: Nifty is in bearish trend very weak. Options Data: Weekly Options data suggests huge Call build up at 23200-23300 and 23500 levels suggesting major Resistance Put Writing seen at 23000 and 23100 levels suggesting Support. PCR improved to 0.8 Futures Data: FII Long/Short ratio came down to 17.5% Nifty Futures saw marginal increase with increase in Open Interest suggesting Long addition Outlook for Next Session: Nifty might consolidate and try to head higher if Short covering/Buying energes above 23150, till 23350 taken out can go Short at higher levels for tgt 23000. Approch: Long above 23350 Short at 23200 for tgt 23050-100 Short below 22950 for tgt 22700 Wait for today’s High or Low to break and sustaines for further direction My Trades & Positions: Long in Feb Series CE Longby Sandeep_CA1
RSI Positive DivergenceRSI Divergence is seen in Nifty today (22/1/2025).. After a correction and consolidation, we can expect a positive move in Nifty is a few days. Budget 2022 and earnings may be the key factors in reversing the trend in Nifty.Longby BH_MURALI2
Nifty trendAs per EW count one leg of correction might have been completed here to raise on the next leg. the raising leg of correction or impulse will decide if it is forming an X wave or the bigger wave 5 breaking out the previous top. Always risk reward along with strike rate would make profit flowing consistentlyLongby Astute_Dharini_Trades1
Nifty Trend directionNifty 23024 - As it Seems to be oversold , we expect some reversal to 22200-300 region tomorrow.by subraviUpdated 0
NIFTY 1 hrs ANALYSIS 22-01-25 After selling yesterday nifty open gap-up 100 point from round level. 1. It shows support at 23000. 2. CE shorter in profit. 3. yesterday PE short at round level 23000 to make market in range and take benefits of premium decays. by Sajid88770
LONG WAY TO GO, BUT MY NEXT 1000% ROI TRADE SETUP - ENJOYI know this looks crazy but the correction will facilitate a lot of buying interest in the market. 22400 is a major supply zone for NIFTY and usually price reacts there. I will be keeping a tight Stop Loss and look to average my positions if NIFTY stays within my SL area. Longby RT101042
Nifty 50 Jan Imp zone for bullsH =23751.85 L=23496.15 First Zone H=24065.80 L=23517.35 Second Zone Imp Range for bulls to take releif rally valid till 24 JAn 2025 Dn side range 22900-22700-22488 is open till then by jainkanti0
Strong DEMAND ZONE coming up! Time to add..?As we can see after much of whipsaws NIFTY closed in red which was very eminent, now following the structure we can see NIFTY heading towards our very strong demand zone around 22800 levels marked on the charts. Following the market sentiment which has gone into extreme fear, it could be considered as a great time to add at dips which are being offered at great valuation so plan your trades accordingly and keep watching.by Wealthcam1
NIFTY S/R for 22/1/25Support 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.by zenthosh0
Nifty Review & Analysis - Daily Price Action : Nift saw a Gap-up opening with positive overnight ques but failed to sustain higher levels and saw huge selling from opening. Today’s session was very volatile which saw a quick bullback from 23150 levels to agin find sellers at 23400 levls. Nifty finally tested below 23000 levels after 6-7 months closing at 6 month low. Technicals: Nifty was very volatile, couldn’t trade past even 10DEMA also. The index formed a strong bearish candle trading below the 10, 20, 50, and 200-day EMAs. The momentum indicators, RSI (Relative Strength Index at 35), and MACD (Moving Average Convergence Divergence) remains below the zero line, indicating weakness still persists. Support/Resistance Major Support 22800 Immediate Support 22950 Immediate Resistance 23150 Major Resistance 23400 Trend: Nifty is in bearish trend very weak. Options Data: Weekly Options data suggests huge Call build up at 23500 23300 and 23200 levels suggesting major Resistance Put Writing seen at 23000 and 22800 levels suggesting small Support. PCR improved to 0.74 Futures Data: FII Long/Short ratio came down to 17% Nifty Futures was negative with huge increase in Open Interest suggesting Shorts addition Outlook for Next Session: Nifty might see lower levels below 22950 Approch: Short at every rise and below 22950 Wait for today’s Low to break for further direction My Trades & Positions: holding Shorts Shortby Sandeep_CA0
Nifty Trapped in Downward Parallel Channel. Fear grips D-street.Nifty post today's closing just above 23K has officially closed below Mid Channel within the downward channel. This is not a great news for bulls. The only silver lining in the cloud is that the closing is above 23K at 23024. Bollinger band is suggesting a support near it's lower band width that is 22936. Other supports for Nifty will be at 22785, 22465, 21886(Bottom of Parallel Channel) and 21232. Resistance on the upper side seem to be at 23355, 23542 (Mid-Bollinger band level), 23662 Father Line resistance of daily chart, 23878 Father line resistance of daily chart and finally 24148 (Channel top and Bollinger band top resistance). When channel top will be crossed and we get a closing above the same the next resistances will be at 24799 and 25134. Thus signs are looking ominous with RSI at 35.37. RSI support will be near 30 range. Nifty has once again entered Extreme Fear zone on Ticker tape index which shows it currently at 27.21. The zone below 30 is Extreme fear zone and long term investors tend to make much profit when they invest in these Extreme fear zone. The budget is around the corner. Donald Trump has taken oath and is taking decisions in a fast-forward T-20 mode. The momentum can shift any time. Global peace is also seeing green shoots with Israel and Palestine conflict ceasefire deal taking shape. We hope that Ukraine and Russia will also see a peaceful resolution. The hour before the dawn is the darkest. This looks like that zone for Global markets including India. Yes hardball tactics will be played by Trump and things will not come as easily as they were coming for India. We had once said that Trump will be good for the world as Biden was softer towards India on the outer surface. In the long run we will soon begin to see light at the end of the tunnel. Little more pain may be left for Indian indices. Result season so far has been a mixed bag that is adding fuel to the wild-fire set by bears. Budget/ Quad meeting later this year and world moving towards peace can set the ball rolling for Bulls sooner than later. Once again I emphasize that sensibel investments done in the extreme fear zone yield to the best results in the long run. 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.by Happy_Candles_Investment1
NIFTY 21/01/2024Nifty support and Resistance for tomorrow as today there is breakdown of imp level of 23120 and also market is now getting volatile so there will be a wild moves for both sides by shindesahil510
Nifty at major Levels If Nifty want a uptrend now this week is the only way for it a small green weekly candel of 20jan 2025 may bring major shorts to cover up and soon we can see the level of 24000 and 25000.Longby Ni_k_0
NIFTY : Trading Levels and Plan for 22-Jan-2025🔖 Nifty Trading Plan for 22-Jan-2025 📊 Key Levels: Resistance Zones: 23,097–23,201, Last Intraday Resistance: 23,330 Support Zones: 22,962, 22,689 (Last Intraday Support) 1️⃣ Gap-Up Opening (100+ points) If Nifty opens above 23,201: Watch for price action near the Last Intraday Resistance (23,330). A rejection from this level could offer a short trade opportunity with a target towards 23,201. A sustained breakout above 23,330 can signal strong bullish momentum, and a long trade with a trailing stop-loss could be beneficial to ride the trend higher towards the next possible profit-taking zone near 23,435. 📌 Educational Insight: Gap-ups above resistance zones can often trigger profit booking or reversal patterns. Always wait for a confirmation candle before entering any trades. 2️⃣ Flat Opening (Within 22,962–23,097) Focus on the reaction at the Opening Resistance Zone (23,097). If Nifty fails to sustain above this zone, shorting the market with a target towards 22,962 could be favorable. Conversely, if Nifty holds above 23,097, a long trade targeting 23,201 may be considered, with a tight stop loss below 23,052. A breakdown below 22,962 may signal bearish momentum, opening short trades towards the Last Intraday Support at 22,689. 📌 Educational Insight: Flat openings provide the best opportunity for observing market sentiment. Let the market settle for the first 15–30 minutes for better clarity before making any trade decisions. 3️⃣ Gap-Down Opening (100+ points) If Nifty opens near 22,689 or below: Look for a reversal near the Last Intraday Support (22,689–22,830). A strong bounce here could provide a long trade targeting 22,962 or higher. However, if Nifty sustains below 22,689, it might indicate further bearishness, and shorting the market with a target toward 22,600 could be considered. 📌 Educational Insight: Gap-down openings often lead to panic or aggressive buying at support levels. It is essential to wait for confirmation through price action and volume before entering trades. 📌 Risk Management Tips for Options Trading: Use defined stop-loss levels and avoid over-leveraging during volatile market conditions. Trade spreads (like bull/bear spreads) to limit potential losses during high implied volatility (IV) conditions. Keep an eye on hourly candle closures for added confirmation of trend direction. Avoid entering trades within the first 15 minutes of the market opening. Let the market settle to avoid false breakouts or breakdowns. 🔍 Summary & Conclusion: Gap-Up: Watch for action near 23,201–23,330. Focus on rejection or breakout opportunities. Flat: Key action zone around 23,097; observe for potential breakouts or breakdowns. Gap-Down: Look for buying opportunities near 22,689, but be cautious of further bearish trends if support is broken. ⚠️ Disclaimer: I am not a SEBI-registered analyst. This plan is for educational purposes only. Please consult a financial advisor or conduct your own analysis before trading. by LiveTradingBox4
Nifty and Sensex analysis for Wednesday, 22nd January Nifty and Sensex analysis for Wednesday, 22nd January06:49by rahulbora113
Nifty Forming Bearish Shark, will touch 23,000Nifty has formed bearish shark. Based on current scenario it will have following levels. 23700 - 23500 - 23300 - 23000. It will touch 23,000.Shortby NileshPrajapati85Updated 442
NIFTY RENKO CHART Nifty Making H&S In Renko Charts , renko pattern breakdown will confirm the pattern by StockMagnetWithSumit114
NIFTY | SHORT | STBT | INTRADAYNIFTY is facing major rejection from the long term trend line resistance zone. The Trend on the Daily Charts continues to be Bearish. If NIFTY closes below 23,215, it can be shorted for a Target to 23,034 on an Intraday or STBT basis. If NIFTY closes today with an O=H Bearish Daily Candle, those looking to Swing Trade can short it for a Target of 22,590 level.Shortby Sky_Tracer1