NIFTY--Trendline Holds or Breaks??Nifty index is showing strong bearish pressure from the 22200 levels.
A drop base drop is done.
Price tested the demand zones at 21960 levels .
now it is ready to move again or fall back to below trendline to grab the liquidity.
On bottom side, strong support at 21800 levels with an intersection point at trendline...
this is likely to push the price upwards....
If price breaks the trendline an observation point of resistance at 22100-22150 level is the strong resistance to push the price downwards.
If consolidation is observed above this levels leads to an breakout above 22300 levels for the targets likely to be 22500 followed by 22600 levels by keeping the SL at 22100-22150 levels.
If price falls from 22100-22150 levels, it will consolidate on bottom side to test the 21300 levels of support and will likely to continue to bottom side.
this is the crucial place to observe in NIFTY To continuation or Bearish??
Niftyoptions
NIFTY--Drop Base Drop or Bullish??Nifty index is still in consolidation zone...
We have a chance of drop base drop.Keep in long side as long as price is in channel.
even though it is drop base drop we have to wait for clear short side confirmation,wait until the price breaks the trendline and retest for shortside..
we have a lot of liquidity lies below,we can enter long again on bottom side if we find any possibilities.It may continue to moving down chances are more.
so keep safe manipulation moves may appear,this is the place for manipulation.
we have a clear demand zone lies at 21960 levels.
If demand zone failed to push the price upside, then will think of complete short side, below 21600 levels.
NIFTY 50 Analysis For Feb 26th!Hello Traders,
Here is a Brief Overview About The Analysis of NIFTY 50 For Feb 26th!,
There Are Total of 2 Support Zones Which You Need To Look For And Same 2 Resistance Zones And To Be Mentioned One Grey Area And We Have 2 Imbalance Zones!
The Horizontal Lines From Volume To Volume And OI To OI Indicates The Market Range in Between For That Particular Day!
The Blue And Red Arrow Path Showing The Direction of The NIFTY 50 For That Day.
Note : Those Levels Are For That Particular Day Only.
Please Note That The Only Purpose of The Information On This Page is Purely Educational.
We Are Not Registered with SEBI; Therefore, Before Making Any Financial Decisions OR Investing, Please Consult with A SEBI-Qualified Financial Advisor. We Don't Have Any Responsibility For Your Profits OR Losses.
I Would Welcome Your Participation And Support in the Form of Likes, Comments, And Follow us to Offer Some Encouragement.
Thank You.
NIFTY 50 Analysis For Feb 16th!Hello Traders,
Here is a Brief Overview About The Analysis of NIFTY 50 For Feb 16th,
There Are Total of 2 Support Zones Which You Need To Look For And Same 2 Resistance Zones And To Be Mentioned One Grey Area.
The Horizontal Lines From Volume To Volume And OI To OI Indicates The Market Range in Between For That Particular Day!
The Blue Arrow Path Showing The Direction of The Nifty 50 For Tomorrow.
Note : Those Levels Are Only For That Particular Day.
Please Note That The Only Purpose of The Information On This Page is Purely Educational.
We Are Not Registered with SEBI; Therefore, Before Making Any Financial Decisions OR Investing, Please Consult with A SEBI-Qualified Financial Advisor. We Don't Have Any Responsibility For Your Profits OR Losses.
I Would Welcome Your Participation And Support in the Form of Likes, Comments, And Follow us to Offer Some Encouragement.
Thank You.
#NIFTY Intraday Support and Resistance Levels -16/02/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 21950 level and then possible upside rally up to 22070 level in today's session. in case nifty trades below 21910 level then the downside target can go up to the 21790 level.
NIFTY 50 Analysis For Feb 15th!Hii,
Here is a Brief Overview About The Analysis of NIFTY 50 For Feb 15th,
There Are Total of 2 Support Zones Which You Need To Look For And Same 2 Resistance Zones And To Be Mentioned One Grey Area And One Resistance Became Support Zone.
The Horizontal Lines From Volume To Volume And OI To OI Indicates The Market Range in Between For That Particular Day!
The Blue Arrow Path Showing The Direction of The Nifty 50. From The Imbalance Zones Expecting A Pullback And After That The Market Shoots UP!
Note : Those Levels Are Only For That Particular Day.
Please Note That The Only Purpose of The Information On This Page is Purely Educational.
We Are Not Registered with SEBI; Therefore, Before Making Any Financial Decisions OR Investing, Please Consult with A SEBI-Qualified Financial Advisor. We Don't Have Any Responsibility For Your Profits OR Losses.
I Would Welcome Your Participation And Support in the Form of Likes, Comments, And Follow us to Offer Some Encouragement.
Thank You.
NIFTY--@Traingle Breakout??NIFTY Index is now at golden zone of fibonacci
we are still left with some more points on the bottom side at 21500-21520 levels...
previously a strong bullishness is observed as well from this zone...
price is also trading narrow in a trendline most chances of breakout from this levels...
wait for the price to break the trendline and retest for longer side...
otherwise a continuation may happens...
on bottom side we have strong support lies at 21300 levels...
keep mark this zone as well,if it will continue downside will look for buy at 21300 levels...
price clears the liquidity at 21600 levels....
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NIFTY-Trendline Liquidity @21600As of now NIFTY INDEX is still in Bullish.
now price is trading near its resistance zone...
today's trading session is important to continue moving upwards...
if price consolidation price will break the resistance....
we have a trendline liquidity below 21600 levels....
If price unable to break above liquidity will be finish...keep in long side as long as price is above the trendline.
NIFTY--Double Top or Inverse H&S ??Need some more trading sessions to analysis, to confirm upside or downside??
I am sharing the important levels of Support and Resistance. These levels plays a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies.
Trade safe...Thank you guys for your support
NIFTY--Double Top??Nifty index is created a demand zone at bottom levels...
strong consolidation is observed today on top at Supply zone, liquidity grab is also done above the same supply zone...
if it forms a double top here it is likely to test the demand zones lies below 20800 levels
if it failed to make it, then a long continuation may again happens from 21300 levels....
keep safe from this zones.
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I am sharing the important levels of Support and Resistance. These levels plays a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
Analysis for a Swing Position in Nifty.
Price has reacted to the Sourcre Daily Demand and has headed towards its Destination of Daily Supply.
This is the Demand and Supply Equilibrium Curve showing us the levels
As Traders we gotta Buy low and sell high
This is a Buy Trade with a substantial Reward to Risk Ratio.
NIFTY--22000 0r 20800 ??I am sharing the important levels of Support and Resistance. These levels plays a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies.
Trade safe...Thank you guys for your support
Nifty50 Weekly Observations to assist with Options StrategyThe insight:
Here's an analysis of 9 years of data of Nifty50, showing that Nifty50 gave a weekly gain >3.5% 19 times (i.e in 19 individual weeks). This is roughly 2 times a year, or 4% of times.
Ideas to apply the insight:
Credit spread, Iron Condor, etcetera etcetera. It helps to know what is the "maximum likely movement" that Nifty50 will give on a weekly closing basis to select the right "Call strike prices" to sell.
Using this insight, one can short Call Option strikes that are >3.5% away from current price at the end of the week (for next week's expiry). This is a simple way to get 1-2% returns a week.
A simple modification is to wait for Monday's day closing, and select a strike price 3.5% away from Friday's closing (to get higher premiums if Monday's closing is higher than Friday's closing).
Why this can work:
Option Sellers (usually) earn when market movements are not wild in 1 direction. Simply put, this is due to options decay (theta) and subsequent Out-of-the-money expiry of the strike price that Option Seller has shorted. We see that Nifty gives >3.5% close only about 2-3 times a year (avg of 9 years). Therefore, in theory, we are likely to make profits for 49 out of 52 weeks in a year if we choose to short "Call" strike prices that are 3.5% away from closing price on Friday.
Word of caution:
The analysis is for Nifty50 gain (i.e >3.5% move). This does not apply to Nifty50 crash. We should be mindful that crash intensity is stronger than gain intensity (because fear is greater than hope). So strong downside movements (crashes greater than 3.5% will require different analysis).
It's a fool's errand to sell naked Call Options and hold overnight, as the losses can be huge (even though temporarily). Be gentle on your heart. It is advised to always hedge a Call Option short (which is why strategies like Credit Spread, etc. exist).
Disclaimer:
This is neither backtested on softwares/tools nor tested with live trades. This idea/insight is to help build/improve your strategy based on your trading style.
Trade with poise.
NIFTY--Supply zone@21700 ??After a strong fall, expecting some retracement in nifty.
on topside supply zone is identified at 21650-21700 levels.
so liquidity is lies above and below this levels,
after testing these levels again have a chance of fallback to test the demand zones at 21300 levels and at 20800 levels.
If 21300 level fails to push it upside, quick drop and rise will see in coming sessions.
so this week mostly in this range 21700-21300 levels.
Be careful, long after 21700 short below 21300.
#NIFTY Intraday Support and Resistance Levels -08/01/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 21730 level and then possible upside rally up to 21850 level in today's session. in case nifty trades below 21700 level then the downside target can go up to the 21580 level.
#NIFTY Intraday Support and Resistance Levels -29/12/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 21800 level and then possible upside rally up to 21920 level in today's session. in case nifty trades below 21750 level then the downside target can go up to the 21630 level.
#NIFTY Intraday Support and Resistance Levels -28/12/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 21680 level and then possible upside rally up to 21800 level in today's session. in case nifty trades below 21630 level then the downside target can go up to the 21510 level.
#NIFTY Intraday Support and Resistance Levels -27/12/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 21460 level and then possible upside rally up to 21580 level in today's session. in case nifty trades below 21430 level then the downside target can go up to the 21310 level.
NIFTY expecting a Retracement till Monthly Demand.
Price has moved away from the EMA, whenever we have a scenario as such Price retraces to the latest Fresh Demand and we have a Monthly Fresh Demand formed.
We have a Daily Demand exceeded by a Daily Supply hence expecting this Fresh Supply to be the Source of the Downtrend till the Monthly Demand
Amazing Short position can be encashed after a downward confirmation in 4H chart.
#NIFTY Intraday Support and Resistance Levels -22/12/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 21300 level and then possible upside rally up to 21420 level in today's session. in case nifty trades below 21250 level then the downside target can go up to the 21130 level.
#NIFTY Intraday Support and Resistance Levels -21/12/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 21130 level and then possible upside rally up to 21250 level in today's session. in case nifty trades below 21080 level then the downside target can go up to the 20960 level.