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Niftylevels

Nifty Intraday (05-Jul-2024)The image is a chart displaying the 15-minute price movements of the Nifty 50 Index for July 3rd and 4th, 2024. It includes technical analysis with marked buy and sell signals: -Buy Signal: A suggestion to buy above 24,350 with a target open for 24,450 or more. -Sell Signal: A recommendation to sell below 24,275 with a target of 24,125 or lower. The chart also shows the 20-period Exponential Moving Average (EMA), which helps traders gauge the trend direction and potential support or resistance levels.
NSE:NIFTY
by Praveenmor7
Nifty Intraday (03-Jul-2024)15-minute intraday chart for the Nifty 50 index from a trading view. It includes data and trading strategies for July 4th, 2024. The chart displays price movements with a plotted Exponential Moving Average (EMA). There are strategic points marked for buying and selling: Buy Signal: The chart suggests buying if the index moves above 24,325 points with a target open for reaching above 24,450 points. Sell Signal: The chart suggests selling if the index falls below 24,225 points, with a target of reaching around 24,100 points.
NSE:NIFTY
by Praveenmor7
NIFTY - Trend ContinuationAs it happens there seems to be some strength left in the bullish cycle. This is based on the fact that the trendlines that were resisting till now can't hold it anymore & need much stronger resistance which is where the market is headed (to 24,300 levels) All of this analysis is attributed to the development of interim weekly correction that collapsed the overall wave analysis done earlier (it calls for an additional 3 waves --> UP-DOWN & UP) Strategy: Long only if the market stays above 23,680 with a limited position only SL: 23,620
NSE:NIFTYLong
by WDG_Dinesh_Gengarajan
Nifty Intraday (02-Jul-2024)An intraday trading chart for the Nifty 50 Index on July 2, 2024, captured in 15-minute intervals. Here's a detailed overview of the chart: Candlestick Format: Utilizes candlestick bars to depict price action for each 15-minute period, indicating open, high, low, and close prices. Exponential Moving Average (EMA): A blue line representing the 20-period EMA is visible, which helps traders identify the trend's direction and dynamic levels of support or resistance. Trading Signals: -Buy Signal: A green arrow points upwards, suggesting to buy if the Nifty exceeds 24,150, with an open target potentially reaching or surpassing 24,275. -Sell Signal: A red arrow pointing downwards indicates a selling opportunity if the index falls below 24,075, with a target of 22,950. Technical Analysis Overview: The chart illustrates the Nifty's price movements within a sideways to an upward trend, using the EMA line as a reference point for potential support or resistance levels. The annotations provide strategic entry and exit points based on specific price thresholds.
NSE:NIFTY
by Praveenmor7
Nifty Intraday (01-07-2024)The image displays a trading chart for the Nifty 50 Index, showing a 15-minute interval, as observed on July 1, 2024. Here are the key features of the chart: Candlestick Format: Each bar represents a 15-minute trading interval with indications of opening, high, low, and closing prices. Exponential Moving Average (EMA): A blue line represents the 20-period EMA, providing insight into the trend's direction and potential support or resistance levels. Trading Signals: -Buy Signal: A green arrow suggests buying if the Nifty moves above 24,035, with an open target above 24,150. -Sell Signal: A red arrow indicates a selling position if the index drops below 23,950, aiming for a target of 23,825. Technical Overview: The chart captures the intraday movement of the Nifty index, illustrating volatility and potential trading zones based on the EMA and past performance.
NSE:NIFTY
by Praveenmor7
Nifty Important Levels and Trade Plan - 27 JuneKey Levels: 23,890: Major resistance, strong selling pressure observed. 23,750: Intermediate resistance, potential for minor pullbacks. 23,660: Crucial support, frequently tested during pullbacks. 23,600: Strong support, potential base for upward movement. Please note: These levels are intended for intraday trading only. Disclaimer: All information provided is for educational purposes only. We are not SEBI registered. Please consult a SEBI registered financial advisor for your financial matters before making any investment decisions. We are not responsible for any profit or loss incurred. We appreciate your support and engagement. Please like, comment, and follow to provide encouragement. Happy trading! 👍
NSE:NIFTY
by piswingtraders
NIFTY : Trading Levels and Plan for 27-Jun-2024Here is a detailed trading plan for NIFTY Index on 27-Jun-2024 considering various opening scenarios. The plan includes steps for Gap Up, Flat, and Gap Down openings. **Scenario 1: Gap Up Opening (100+ points)** **Initial Action:** Monitor the price action and volume around the important resistance zone at 23,925.00 - 23,885.55. **Profit Booking Zone:** If the price sustains above 24,105.00, look for opportunities to book profits. **Resistance Rejection:** If the price faces rejection from the resistance zone (23,925.00 - 23,885.55), expect a pullback towards the opening support at 23,703.00 - 23,682.00. **Support Confirmation:** If the price holds above the opening support zone, consider entering long positions with a target towards the resistance zone again. **Breakdown:** If the price breaks below 23,682.00, expect a further decline towards the last support of the current trend at 23,610.00 - 23,584.00. **Scenario 2: Flat Opening** **Initial Action:** Observe the price action and volume in the sideways and profit booking range (23,885.55 - 23,801.49). **Breakout Entry:** If the price breaks above 23,925.00 with strong volume, enter long positions targeting the profit booking zone (24,105.00 - 24,151.00). **Range Trading:** If the price remains in the sideways range (23,885.55 - 23,801.49), consider scalping opportunities within this range. **Support Test:** If the price drops towards the opening support (23,703.00 - 23,682.00), look for a reversal signal to enter long positions. **Breakdown:** If the price falls below 23,682.00, expect a move towards the last support of the current trend at 23,610.00 - 23,584.00. **Scenario 3: Gap Down Opening (100+ points)** **Initial Action:** Evaluate the price action and volume around the opening support at 23,703.00 - 23,682.00. **Support Reversal:** If the price finds support and reverses from this zone, consider entering long positions targeting the sideways range at 23,801.49. **Breakdown Continuation:** If the price fails to hold the support and breaks below 23,682.00, prepare for a further decline towards the last support of the current trend at 23,610.00 - 23,584.00. **Extended Support:** In case of further weakness, watch the extended support zone at 23,559.00 for potential reversal opportunities. **Recovery Signal:** If a recovery signal appears above the last support zone, consider entering long positions targeting the opening support again. **Summary and Conclusion** For 24-Jun-2024, closely monitor the key levels and price action for potential trading opportunities. In case of a gap up opening, watch the resistance zone and look for profit booking opportunities. For a flat opening, trade within the sideways range and look for breakout or breakdown signals. In the event of a gap down opening, focus on the support levels for potential reversals or continuation patterns. **Disclaimer:** I am not a SEBI registered analyst. This plan is for educational purposes only and not an investment advice. Always conduct your own research and consult with a professional financial advisor before making any trading decisions. Good luck with your trading on 27-Jun-2024!
NSE:NIFTYShort
by LiveTradingBox
Nifty Intraday (26-06-2024)Price Levels: The Nifty is trading at 23,721.90, with the high and low for the session being 23,754.15 and 23,715.30, respectively. Exponential Moving Average (EMA): A 20-period EMA is plotted on the chart with a value of 23,656.26. Support and Resistance Levels: The chart displays several horizontal lines indicating key levels: 23,731.65 23,665.85 23,570.05 23,385.50 Trading Signals: Buy Signal: "Buy Above 23,750; Target Open for 24,000" indicated by a green arrow pointing upward. Sell Signal: "Sell Below 23,665; Target 23,500" indicated by a red arrow pointing downward. The chart is likely used for intraday trading strategies, providing specific levels to enter buy or sell positions based on the Nifty 50's price movements.
NSE:NIFTY
by Praveenmor7
New High and closing above trend line for Nifty. Nifty at All Time High What is in store next? What are the support and resistance levels now?: Nifty has made a new high on the back of rallying major Large caps in Bank Nifty, Financial services and IT stocks. Small cap was stable but Public sector, Mid-caps and Realty stocks were bearing the brunt of Profit booking. We have been indicating a major shift towards large caps since few weeks now. Important Resistance levels for Nifty now will be today's high of levels for 23754 followed by 23931 important fibonacci resistance. If we get a closing above 23931 that will open the door towards future fibonacci levels of 24246 and 24707. (fibonacci levels are usually calculated from previous top and previous bottom of Nifty here.) Important support levels for Nifty are at 23338, 23082 and 22825 (50 days EMA, Mother line support). Below 22825 Bears can pull Nifty below 22285 or even 22044 levels in worst case scenario. IT, Banking, Financials, selective Mid- and small cap can still rally further. Some Green shots in Chemical and Pharma sector too. But keep your stop losses and trailing stop losses in check. Nifty is trying to form a new top or may have formed it so be cautious. RSI is indicating that there might be little more room for growth if we get a closing above levels indicated earlier in the message.
NSE:NIFTY
by Happy_Candles_Investment
NIFTY - High probability Correction ahead..!!!The move testing the highs of 21st JUN is about to conclude, following which the correction begins in one larger degree. the trendlines & supports can be seen in the charts Important points of support will be, SI - 22,665 SII - 22,535 to hold temporarily SIII - 22,130 ~ 21,830 SL - Any higher moves beyond 23,750 PS: The correction has equally arguable alternate probabilities, to be exact 2. 1. The correction from 20MAR'23 (16,828 levels) - A LP Outcome 2. The Possibility of an extending triangle - meager probable outcome. *The discussed outcome is highly probable among all these. However, the data from the market's forthcoming sessions are mandatory for confirming the same - to eradicate the alternatives!!! Short positions can be taken from 23,690 ~ 23,700 levels Trade Accordingly.
NSE:NIFTYShort
by WDG_Dinesh_Gengarajan
NIFTY - A clear Swing correctionAs mentioned before the logic remains valid for today. the market is expected to inch higher to the levels mentioned below & after which the correction progresses. The levels RI - 23,526 (1.382 FE) R II - 23,580 ~ 23,598 (TL (mid) Intersection - very strong); a SHORT trade here is rewarding!!! RIII - 23,636 (1.414 FE); highly unlikely to be tested in this move SL: Any surge above 23,640 will make the trade void (however, the confidence is so strong that this will not be the case). TP: will be updated in succeeding posts(the presence of ambiguity due to 2 possibilities, progression in correction will help to sort it out!). Trade accordingly
NSE:NIFTYShort
by WDG_Dinesh_Gengarajan
Nifty has taken a good support.Nifty has taken a good support at 23340 and given a closing above 50 hours EMA at 23537. Shadow of the candle for now has turned positive. There is a strong resistance in place near 23548. 23455 (50 Hours EMA) and 23340 are good supports for now. Above 23548 the next resistances can be 23568 and 23667. Let us see if Nifty rally has gained some steam after little bit of consolidation to go above the next 3 strong resistance. There can be some Profit bookings and pressure to sell once these 3 levels come near.
NSE:NIFTYLong
by Happy_Candles_Investment
Nifty Intraday (25-06-2024)The chart you've provided is a 15-minute intraday chart for the Nifty 50 Index. Here are the key details and levels: Key Levels and Zones: No Trade Zone: Marked in purple, indicating a range where trading is not recommended. Buy Above 23560: Target 23650+. Sell Below 23500: Target 23385. Observations: -The chart includes a 20-period Exponential Moving Average (EMA). -Support and resistance levels are clearly marked: -Resistance at 23,632.10. -Support at 23,432.10 and 23,336.35. Trading Strategy: Buy Strategy: -Enter a long position if the price breaks above 23,560. -Target a move to at least 23,650 or higher. Sell Strategy: -Enter a short position if the price breaks below 23,500. - Target a move to at least 23,385. If you need further analysis or another specific task related to this chart, feel free to ask!
NSE:NIFTY
by Praveenmor7
Nifty delicately resting near 50 Hours EMA support. Nifty is resting delicately on 50 Hours EMA support. Every rise is seen as an opportunity to book profit at least in selective mid and Small cap companies. Last week we saw a shift of investors retail, FII as well as DII towards large cap banks and Chemicals. This indicates some sectoral shift also. The Fizz of the rally is dying down as Nifty remained range bound making a Doji on weekly chart with high at 23667 and low of 23398. A substantial move on either side is possible only above or below these levels. Mark them as most important levels in the short term. Nifty resistances are at 23568 and 23667. Nifty supports for the next week will be near 23434, 23340, 23155, 22990 and finally 22876. Below 22876 is pure Bear territory.
NSE:NIFTY
by Happy_Candles_Investment