Niftylevels
These are some IMPORTANT levels for tomorrow. (In NIFTY 50)These are some IMPORTANT levels for tomorrow. Price may react on the given levels. Tomorrow, I think market will open flat and then show some bullish move after 12pm. keep a check on 50 and 200 EMA.
Nifty forecasting for Upcoming session 08 Dec 2020Nifty levels forecasting for Upcoming session
15 M chart used for analysis
*Trading Range:
13141-13393 is the Trading Range for upcoming session. (Remain as last analysis)
*Resistance & Support /Chart Pattern & Trend:'
Pls Refer the chart,
Trading in range of channel and it was taken support at 50 EMA on 04 Dec.
Trend is heading towards 13393 and then we can see little bit retracement.
You can refer the previous session analysis to know the more as given in to link of related idea
*PE: 36.42 All time High (04 Dec 2020)
*RSI: 76 (1 D Time frame Chart) Bullish momentum
*FII & DII Activity
FII- Net Value: +3792 Crores
DII- Total Value: -2767 Crores
*Call PUT OI Buildup ( Weekly Expiry 10 Dec 2020):
Massive Put writing @ Strike 13200/13100/13000/12900 in the comparison of than Call Option strike 13100/13200/13300/13400 . Only @ 13500 we can see good call writing so it seems that call writers assuming that market will take rest above 13500 .
Pls note : Above All mention data are captured on last trading session.
If any suggestion or query pls comment or ask in to chat.
If You agree with my idea then pls hit the like button ,follow me & share my ideas to other needy.
Disclaimer:
Markets are Supreme ,If I am proven wrong,i will accept it & learn.
I am not SEBI Registered ,This is just my own view.
If any data having any typing error then pls correct it for your analysis & drop a line to me in chat.
Nifty forecasting for Upcoming session 07 Dec 2020Nifty levels forecasting for Upcoming session
15 M chart used for analysis
*Trading Range:
13141-13393 is the Trading Range for upcoming session.
*Resistance & Support /Chart Pattern & Trend:'
Pls Refer the chart,
Trading in range of channel and it was taken support at 50 EMA on 04 Dec.
Trend is heading towards 13393 and then we can see little bit retracement.
You can refer the previous session analysis to know the more as given in to link of related idea
*PE: 36.42 All time High
*RSI: 74 (1 D Time frame Chart) Bullish momentum
*FII & DII Activity
FII- Net Value: +2970 Crores
DII- Total Value: -1972 Crores
*Call PUT OI Buildup ( Weekly Expiry 10 Dec 2020):
Massive Put writing @ Strike 13200/13100/13000/12900 in the comparison of than Call Option strike 13100/13200/13300/13400 . Only @ 13500 we can see good call writing so it seems that call writers assuming that market will take rest above 13500 .
Pls note : Above All mention data are captured on last trading session.
If any suggestion or query pls comment or ask in to chat.
If You agree with my idea then pls hit the like button ,follow me & share my ideas to other needy.
Disclaimer:
Markets are Supreme ,If I am proven wrong,i will accept it & learn.
I am not SEBI Registered ,This is just my own view.
If any data having any typing error then pls correct it for your analysis & drop a line to me in chat.
Nifty forecasting for Upcoming session 04 Dec 2020Nifty levels forecasting for Upcoming session
15 M chart used for analysis
*Trading Range:
13010- 13283 is the Trading Range for upcoming session.
*Resistance & Support /Chart Pattern & Trend:'
Pls Refer the chart,
Trading in range of channel
*PE: 36.12 All time High
*RSI: 72 (1 D Timeframe Chart) Bullish Trend
*FII & DII Activity
FII- Net Value: +3637 Crores
DII- Total Value: -1440 Crores
*Call PUT OI Buildup ( Weekly Expiry 10 Dec 2020):
Put Options Strike 13100/13000/12900 Having Cumulative OI More than Call Option strike 13100/13200/13300 .
interpretation: We can see move in upside.
Pls note : Above All mention data are captured on last trading session.
If any suggestion or query pls comment or ask in to chat.
If You agree with my idea then pls hit the like button ,follow me & share my ideas to other needy.
Disclaimer:
Markets are Supreme ,If I am proven wrong,i will accept it & learn.
I am not SEBI Registered ,This is just my own view.
If any data having any typing error then pls correct it for your analysis & drop a line to me in chat.
Nifty forecasting for Upcoming session 27 Nov 2020Nifty levels forecasting for Upcoming session : 27 Nov 2020
15 M chart used for analysis
*Trading Range:
12882-13165 is the Trading Range for upcoming session.
Sideways Zone - 12965 - 13038
*Resistance & Support /Chart Pattern & Trend:'
Pls Refer the chart,
Trading in range of channel,We can see little bit pullback or consolidation.
*PE: 35.71(Today .26 Nov.2020 )
35.35 (Yesterday .25 Nov 2020) , 35.90 (Highest PE)
(Highest PE Always indicate to be alert)
RSI: 75 (1 D Timeframe Chart) Bullish Trend
FII & DII Activity (26 Nov.2020):
FII- Net Value: +2027 Crores
DII- Total Value: -3400 Crores
interpretation: We can see move in upside, But be Alert as DII are supplying good enough.
*Call PUT OI Buildup ( Weekly Expiry 03 Dec 2020):
Put Options Strike 12900/12800/12700 Having Cumulative OI More than Call Option strike 13100/13200/13300 .
interpretation: We can see move in upside.
If any suggestion or query pls comment or ask in to chat.
If You agree with my idea then pls hit the like button ,follow me & share my ideas to other needy.
Disclaimer:
Markets are Supreme ,If I am proven wrong,i will accept it & learn.
I am not SEBI Registered ,This is just my own view.
If any data having any typing error then pls correct it for your analysis & drop a line to me in chat.
NIFTY - TRADE DONE- WAITING ON SIDELINESPattern completed as expected,
Now waiting on sidelines for further direction will update when the price action unfolds and suggesting some clear direction.
Nifty review#nifty - After yesterday's sharp fall, and quick recovery suggesting the market is going to be volatile today.
Price action: Prices still seem to remain sideways it just that Range has shifted slightly to the upside.
Bank Nifty Analysis for intraday trading for 30th Jun 2020 Bank Nifty Analysis for intraday trading for 30th Jun 2020.
#bankniftyanalysis #bankniftytechnicalanalysis #bankniftylive #livetradingnifty
NIFTY - 10400 and 10200In yesterday session nifty closed below 10400 levels and in today's session it opened gap down and saw some recovery but unable to close above 10400 levels.
Now, if nifty slip below 10200 , then it its quickly heading towards 10,000 levels.
And the move below 10000, may again trigger weakness in the Index.
On flip side it moves above 10400, it is likely going towards 11000 -11100 levels.
Hence 10400 and 10200 will play important in last two session of this week.
Nifty Daily Review - 19th May 2020Nifty was trading in a range from quite some time.
Upper Range 9600
Lower Range 9000
Yesterday it broke the range to the downside and closed near its low @8823
Today Nifty opened gap up @ 8961 , but could not sustain and took resistance at range lower band around 9040 levels.
Today's high - 9030
Today's close - 8879
Now what to expect tomorrow ?
If it opens flat watch out for 9040 resistance and 8880 support, any move above or below this range may see a good move it that direction.
And in case of gap up or gap down, same levels act as important.
i am expecting the weakness will remain in the index as because of the consistence under-performance in the bank-nifty.
Nifty 50 Intraday Trade Setup for 18th may 2020Hey Everyone,
Hope your weekend went good and you guys enjoy your holiday :P Last week we had seen massive gap up and gap down in Index. 20 lac crore simulation package has given some hope but Market has rejected it badly and Index did not sustain high level (9560) . Currently Index trading in a range. Upside level is 9300 and downside level is 9000 .Government tries their best to not let the market down but Market sentiment rejected there every attempt.
Key Factors
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1 -Some Recent announcement from FM
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A. MNREGA Related- Govt Will allocate additional 40000cr for this now for the migrant Labors who are going back to there home town can also enrol in MNREGA.
B. Ramping Up of Health Sector- Public Expenditure will be increased. Support will be given to Health and wellness centre. All dist will have Infectious Disease Center at Govt Hospitals. Public health diagnostic Labs will be setup at all Block Levels.
C. PM E-Vidhiya Platform- Diksha will be Launched, One Nation One Digital Platform. Community Radio Will also be used. One earmarked channel for one Class will be launched. E-Content for Visually Impaired Children's. *Top 100 University of India to mandatory Launch Online Courses* by 31-05-2020.
D. IBC Related Matters- Debts Related to Covid Pandemics will be excluded from default. No fresh Insolvency can be proceeded for MSME for 1Yr.
E. Companies Act Related- Extension of Compliance was done. Decriminalization of all acts in companies Act. Compoundable offence related matters will be done now through adjudicating authorities. Now total 58 offences are to be settled not by court now but by internal Adjudicating Authority.
F. Companies Act Related- Now Companies can directly list their securities in Foreign Country. Now Companies would be able to list Non Convertible Debenture on Stock exchange. And they will not be treated Listed Companies.
G. All Sectors will now open for Private Sectors- But at least one Public sector enterprise will remain in all sectors. In Notified Strategic Sectors PSE will be reduced to Max 4.
2 Lockdown 4.0: Union home ministry on Sunday extended the lock down for another two weeks till May 31 to contain the spread of corona virus While the detailed guidelines on easing of restrictions were awaited, officials sources said the center is likely to allow public transport and reopening of restaurants and shopping malls subject to certain conditions.
3- SGX seems weak. Trading on 9070 atm which is 39 point low from the Previous closing. Our Index will be open either flat or with small gap down.
4- Dow Has given small recovery. Currently Trading on 23826 which is 192 Point above from previous close.
5- Crude looks good and steady.
TECHNICAL VIEW
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8900 to 9000 is key support for Nifty Index . Everything is depend on these levels Index will be a falling knife if not sustain . in last 2 trading session index has made a range from 9300 to 9000. This range will decide that where our Nifty will trade in the may Month.
9300 is an Intraday resistance and long position can be consider on the above this level. Key resistance is still on 9900.
Intraday Trade Setup
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Long : 9170 Sl : 9130 Target : 9195/9240/9280
Short: 9100 SL: 9140 Target : 9060/9000/8945
Disclaimer: I am not a SEBI Registered Research Analyst and all the information provided here is for educational purposes Views are shared based on market research and study and personal in nature. Others can take the different view and opinions.
Good Luck and Happy Trading
Virendra Pandey
NIFTY ANALYSIS TRADE ON THE LEVELS
BANKNIFTY, NIFTYINDIA, INDIA, NSE, NIFTYBANK, NIFTYLEVELS, NIFTYTREND
