17650 - 17800 is a consolidation zone Clearly the Index is moving in a HH pattern and taking support in the lower trend line. since last 2 days index is trading in a range of 150 points where sellers trying hard to push the index down, instead of positive global cues index closing lower after opening at higher levels but unable to break the range hence its creating a range which may act as strong support if index sustains above 17800.
Resistance - 17915, 18k,
Support - 17650, 17500
Niftyintradaylevels
NiftyFutures Key Trading Levels for 28th Oct 2022Nifty Futures Key Trading Levels for 28th Oct 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
NiftyFutures Key Trading Levels for 27th OCT2022 MonthlyExpiryNiftyFutures Key Trading Levels for 27th OCT2022 MonthlyExpiry
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Nifty and Bank Nifty Levels for 21 OctGood morning 🌞
Have a profitable day 💰👍🏻
Morning Market Update 21 Oct 2022
SGX NIFTY is indicating a Flat opening
- SGX NIFTY is trading at 17496 down by -24 points
- US futures are in Red
- ASIAN Market is in Red
- USDINR at 82.82
In Nifty 17500 PE and 17500 CE
Also added OI at Far OTM
have high Open Interest in weekly
In BankNifty 40000 PE and 40000 CE
Also added OI at Far OTM
have high Open Interest in weekly
Asia-Pac Equity Markets Begin Subdued As The Region Takes Its Cue From The Negative Lead From The US Where Stocks Reversed Initial Gains Amid Continued Upside In Yields; ASX 200 (-0.9%), Nikkei 225 (-0.4%), KOSPI (-0.2%)
Stocks Ban In F&O: Bhel, Delta Corp, Indiabulls Hsg, India Cement, Zeel
STOCKS TO WATCH: AXIS BANK, TATA CONSUMER, COFORGE, UBL, ITC, L&T FIN, HAL, DYNAMATIC TECH, DIXON TECH, ICICI SEC, UTI AMC, KEI IND, SUZLON, IEX, BAJAJ FINANCE, SHRIRAM TRANSPORT, AARTI DRUGS
Earnings Today: Amber Ent, Ambuja Cements, Atul, Bajaj Finserv, Bajaj Hold, Birla Soft, Car Trade, Century Enka, Chalet Hotels, CreditAccess, CRISIL, CSB Bank, DLF, Finolex Ind, Garware Technic, Glenmark Life, GNA Axles, HDFC Life, Hind Zinc, HUL, IDBI Bank, IRB Infra, JK Bank, JSW Steel, Jubilant Pharmo, Kewal Kiran, Kokuyo Camlin, Laurus Labs, Meghmani Organic, Motilal Oswal, Nacl Ind, PNB Gilts, Poonawalla Fin, Ramkrishna Forge, Rane Madras, Rattan Power, Reliance, Route, S H Kelkar, Sasken Tech, SBI Life, Shanti Gears, Sharda Crop, Tata Steel Long, Tejas Networks, Tips Ind, Torrent Pharma, United Spirits, Vip Ind
NiftyFutures Key Trading Levels for 21st OCT 2022NiftyFutures Key Trading Levels for 21st OCT 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
NiftyFutures Key Trading Levels for 19th OCT 2022NiftyFutures Key Trading Levels for 19th OCT 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
NiftyFutures Key Trading Levels for 18th Oct 2022NiftyFutures Key Trading Levels for 18th Oct 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Stock Market update for 17th October 22Good Morning Friends,
We have seen very volatile days in the last week. We have seen a huge gap up on Friday's session, but the index has failed to positive bias because of the profit booking on the top level. You guys need to understand the market cycle and the market structure and always consider seeing the big picture to understand it. Indian Market is not bearish at all, and Nifty still holds 16,900. During the week, investors have been risk-averse due to rising geopolitical turmoil and worries about the global economic slump. However, compared to global counterparts, domestic sell-off was not as aggressive since DIIs inflows supported FII selling. The domestic market also focused on quarterly earnings as the IT sector got off to a robust start, which improved the sector's spirits. Oil prices also decreased due to weak demand brought on by recessionary worries and tightening Chinese regulations, which marginally helped India. US inflation data came slightly higher than expected, raising fears of an aggressive rate hike. However, the US market rapidly recovered due to the oversold trajectory and limited upside risk to the market & economy. We expect the rally to continue in the short term, led by festival demand, Q2 results, and the positive trend of the global market. Buying at a dip is the best strategy in this scenario, focusing on domestic economy-oriented stocks and sectors. The sectors expected to outperform are IT, pharma, FMCG, durables, green initiatives, speciality chemicals, and mass manufacturers, with value buying as the theme.
Intraday
===========
SGX and India USD closed on a negative note on Friday night, but the Morning session remains, and it can be recovered, so we will see a flat to negative opening. Using 2 hours chart to understand the Intraday
Nifty50 is still in correction mode in the daily time frame, but we have seen a reversal sign in the hourly chart. Confirmation is above 17,500. I have marked some levels on the chart. Please look at the price formation and try to understand it. Lowers low stop, Created a double bottom on 13th October and opened with a massive gap up on the 14th October session. High Problaity trade is on the long side of the correction, not on the breakouts, and This is the best strategy to trade in a declining market.
Key Resistance : 17,350
Key Support: 17,140
Swing Positions for the October and November Month
==========================================
India USD and Nifty have made an Inverse head & shoulder pattern on a daily and 4-hour chart. We just need a confirmation ( 17,500) to build short-term long positions. So wait and watch, and the next couple of week is going so Important for traders. See the below chart to understand the swings.
Good Luck :)
Nifty Intraday Update for 14th October 22The pressure on the fed is high after another red-hot inflation report dimmed hopes for a downshift by year’s end. The interest rate would rise by 75 basis points in the next month. Dow and SP500 were trading at their 52-week low, but we did not see a significant correction in Nifty50. The Index has given only a 20% correction in this declining phase.
The market is very volatile, and I explained in almost every video the reason for it. Market sentiments are very dangerous for small traders because of sudden changes on both sides. Our market is not bearish, but we need global cues to settle down to see a clean move on the Upside. Our strategy is to play reversal trades intraday and consider short-term swings in large caps. IT sector is my favourite one.
Dow and India USD fluctuated a lot yesterday night, 2% drop in an hour and covering the whole negative move in the next 15 minutes, which was surprising. Just think about what will happen if this kind of move comes in intraday and if you get stuck in the wrong position. You might be finished in a single day, so work on your Position sizing.
Intraday on Friday 14th October 2022
India USD and Sgx are trading positively this morning, and we will see a gap up the opening by 150-200 points. Our XABCD Pattern will be activated above 17,143 for the target of 17,455.
The critical level in Upside is 17,228, followed up by 17,280.
Intraday support is 17,143 for today Intraday.
Play safe and Trade accordingly
Nifty daily analysis for 13/10/22(weekly expiry) Nifty on the daily time frame has formed an inside candle and gained 140 points . Market is still trading between both the moving averages.
The market, on the hourly time frame, has closed just above the 20 ema.
In second half of the trading session market has given a nice up move and took resistance from 17135 level.
Support:- 17065, 16990, 16920
Resistance:- 17135, 17170, 17230
Wait for the price action near the levels before trading the markets.
NiftyFutures Key Trading Levels for 13th OCT 2022 ExpiryNiftyFutures Key Trading Levels for 13th OCT 2022 Expiry
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
NiftyFutures Key Trading Levels for 12th OCT 2022NiftyFutures Key Trading Levels for 12th OCT 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
NiftyFutures Key Trading Levels for 11th OCT 2022NiftyFutures Key Trading Levels for 11th OCT 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
NiftyFutures Key Trading Levels for 10th OCT 2022 #NiftyFutures Key Trading Levels for 10th OCT 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Nifty Futures Key Trading Levels for 7th OCT 2022#Nifty Futures Key Trading Levels for 7th OCT 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Nifty daily analysis 07/10/22.Nifty on the daily time frame has formed a doji candle. The market consolidated whole day and sell off in the second half of the trading session.
The market has taken support from the 20 DMA.
Market has gained only 50-60 points.
On the 15 minute time frame, market has closed below 20 ema.
Support :- 17260, 17230, 17170
Resistance :- 17360, 17410, 17480
Wait for the price action near the levels before trading the market.
NiftyFutures Key Trading Levels for 6h Oct 2022 Weekly Expiry#NiftyFutures Key Trading Levels for 6h Oct 2022 Weekly Expiry
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Nifty daily analysis for 06/10/22.Nifty after the initial gap up remained silent and moved slowly gaining around 400 points.
The market has crossed and closed above the 17270 level.
On the hourly time frame, the index opened above the 20 ema and remained between both the emas.
There is a bullish moving average cross over on a 15 minute time frame.
Support :- 16840, 16750, 16650
Resistance :- 16920, 16990-17000
The gap ups/downs are not giving much opportunity for the trend follower as there is no clear trend.
Wait and watch the price action near the levels before trading the market.
Nifty daily analysis for 04/10/22Nifty on the daily time frame has given a negative candle and has closed 200 points lower.
The market has taken support from its 200 DMA and has closed near the level.
On the hourly time frame, the market remained for selling.
Though, the market tried to hold the 17000 level, but in the second half a huge sell off broke the level and even traded below the 20 ema.
The market has formed an inside candle and closed below both the moving averages.
Support :- 16840, 16770, 16650
Resistance:- 17000, 17065
As predicted the markets are still in a bearish territory and couldn't hold above the 17000 level.
Wait for the price action near the price level before entering the markets.
Nifty Futures Key Trading Levels for 3rd Oct 2022Nifty Futures Key Trading Levels for 3rd Oct 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Nifty Futures Key Trading Levels for 30th Sept 2022Nifty Futures Key Trading Levels for 30th Sept 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets togethe
NiftyFutures Key Trading Levels for 29th Sept 2022 MonthlyExpiryNiftyFutures Key Trading Levels for 29th Sept 2022 Monthly Expiry
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.