NIFTYNifty levels are based on imbalances
1. gapup 22500 long
2. 22500-22400 trade breakout
3. gapdown 22400 short
NIFTY1! trade ideas
NIFTYNifty levels are based on imbalances
1. gapup 22300 long
2. 22300-22100 trade breakout
3. gapdown 22100 short
Review and plan for 5th March 2025 Nifty future and banknifty future analysis and intraday plan.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
NIFTYNifty levels are based on imbalances
1. gapup 22300 long
2. 22300-22150 trade breakout
3. gapdown 22150 short
Review and plan for 3td March 2025 Nifty future and banknifty future analysis and intraday plan.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Nifty Future Analysis
1. Price Action & Trend Analysis
The NIFTY Futures has been in a strong downtrend since October 2024, with lower highs and lower lows.
A black downward trendline is clearly acting as a dynamic resistance, rejecting price multiple times.
2. Gann Fan Analysis:
The Gann fan lines are visible, providing different angles of support and resistance.
The key Gann angles to watch:
1/1 Line (Steep Downtrend Line): The price is trending below this, indicating a strong bearish trend.
2/1 and 3/1 Lines: These are acting as resistance levels, confirming the selling pressure.
If price moves above the 1/1 Gann line, a potential reversal could be seen, but as of now, it remains below the bearish zone.
3. Volume & Market Sentiment
Latest Volume: 9.18M, which is relatively lower compared to 1 week ago (30.2M) but higher than the previous day (7.25M).
This suggests decreasing participation in the downtrend, which could indicate potential consolidation before the next move.
4. Key Support & Resistance Levels
Support Zones:
22,200-22,400: Current support based on Fibonacci & previous price action.
21,600-21,800: Next strong demand zone if selling continues.
20,800-21,000: Long-term support (historical demand zone).
Resistance Zones:
23,407-23,500: First resistance (Fib 0.382 & Gann fan level).
23,800-24,000: Major resistance (Fib 0.618, Gann fan rejection area).
24,500-24,760: Strongest resistance (Fib 0.75 + supply zone).
5. Conclusion & Trading Strategy
Bearish Bias: The market remains in a strong downtrend.
Possible Short Setup: If price breaks below 22,200, the next target would be 21,600.
Bullish Reversal Above 23,500: A move above this level could shift momentum toward 23,800-24,000.
NIFTYNifty levels are based on imbalances
1. gapup 22350 long
2. 22350-22200 trade breakout
3. gapdown 22200 trade breakout
NIFTYNifty levels are based on imbalances
1. gapup 22570 long
2. 22570-22530 trade breakout
3. gapdown 22530 short
Head and shoulder pattern Nifty showing weakness in chart turning to bear zone .As it have tested 50 Ema and confirmed the trend ,hence expected to reach 200 Ema I e. 19750 soon.
Dont be Positive of Nifty 50 yet- Crucial LevelsAs drawn in chart the 2 most beautiful support for nifty50 is yet to be reached so dont be positive for nifty 50 yet. This is the chart of Gift Nifty and at the 1st Green support invest 25% of you funds and the 2nd green invest rest of the funds. Till then don't be bullish at all.
Renko percent//@version=5
indicator("Renko Percentage Change", overlay=true)
// Get the Renko brick size
brick_size = request.security(syminfo.ticker, "1D", high - low)
// Calculate percentage change
perc_change = (brick_size / close) * 100
// Plot the percentage change as a label
label.new(bar_index, high, text=str.tostring(perc_change, "#.##") + "%", color=color.green, textcolor=color.white, size=size.small)
NIFTYNifty levels are based on imbalances
1. gapup 22650 long
2. 22650-22560 trade breakout
3. gapdown 22560 short
Nifty, major support Nifty at a major support area.
But we have been near many support zone in the past. In any support make sure that reversal is the key
a reversal bar at support can be great.
NIFTYNifty levels are based on imbalances
1. gapup 22670 long
2. 22670-22570 trade breakout
3. gapdown 22570 short
NIFTYNifty levels are based on imbalances
1.gapup 22850 long
2. 22850- 22750 trade breakout
3. gapdown 22725 short
NIFTYNifty levels are based on imbalances
1. gapup 22975 long
2. 22975-22900 trade breakout
3. gapdown 22900 short
NIFTYNifty levels are based on imbalances
1. gapup 23050 long
2. 23050-22950 trade breakout
3. gapdown 22950 short
NIFTYNifty levels are based on imbalances
1. gapup 23080 long
2. 23080-22950 trade breakout
3. gapdown 22950 short
NIFTYNifty levels are based on imbalances
1. gapup 23080 long
2. 23080-22950 trade breakout
3. gapdown 22950 short
NIFTYNifty levels are based on imbalances
1. gapup 23080 long
2. 22960-23080 trade breakut
3. gapdown 22850short
NIFTYNifty levels are based on imbalances
1. gapup 23300 long
2. 23300-23050 trade breakout
3. gapdown 23300 short
NIFTYNifty levels are based on imbalances
1. gapup 23240 long
2. 23240-23050 trade breakout
3. gapdown 23050 short
Review and plan for 12th February 2025 Nifty future and banknifty future analysis and intraday plan.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
