Niftyprediction
INDIAN MARKET PILLER NIFTY 50 ANALYSIS Here we analyzed Nifty50 in hourly and 15/30 minutes time frame.
23968-23900 IS A LAST SUPPORT ZONE IF NIFTY BREAKS THAT THIS TRADE WILL BE TERMINATED
PRO ABOUT THIS TRADE :-
We analyzed Nifty50 Sector on that base we traded Nifty50
Britannia, Axis Bank, Bpcl and few others on favor
CONS:-
Nifty50 Got rejection from weekly supply zone Today.
#NIFTY Intraday Support and Resistance Levels - 03/01/2025Nifty will open slightly gap up in today's session. After opening if nifty gives breakout of 24250 level then expected strong bullish rally upto 24450+ level in today's session. 24050-24200 zone are consolidation zone for nifty. If nifty gives reversal from the 24200 then possible downside upto 24050 level. This level will act as a strong support for today's session.
NIFTY : Trading levels and Plan for 03-Jan-2024
Intro: Previous Day's Plan vs. Actual Chart Movement
In the trading plan for 2-Jan-2025, key levels worked exactly as predicted in plan
Price movement respected these levels, The bullish structure remained intact for the day, with significant opportunities for intraday gains.
Trading Plan for 3-Jan-2025
If Market Opens Gap Up (100+ Points Above Previous Close):
A gap-up opening above the Opening Resistance Zone (24,312) signals strength. Monitor price behavior for consolidation or sustained trading above this level. Sustaining above 24,312 could lead to a move towards the Last Resistance for Intraday (24,559) .
If prices fail to hold above 24,312 and retrace, expect a pullback toward the Opening Support/Resistance Zone (24,159-24,167) .
📈 Action Plan:
Look for long positions above 24,312 after a 15-minute candle close. Use stop loss at 24,167.
Avoid short positions unless there’s clear rejection with bearish confirmation.
📊 Trend Indicators:
Green: Bullish Move Expected.
If Market Opens Flat (Near Previous Close):
Observe price action near the Opening Support/Resistance Zone (24,159-24,167) . Sustained trading above this zone could trigger a move toward 24,312 .
A breakdown below 24,159 would indicate weakness, and prices could test the Opening Support Zone (24,016-24,058) .
📈 Action Plan:
For long trades, wait for price to break above 24,167 and confirm with volume. Use stop loss at 24,016.
For short trades, consider entry below 24,159 with a target of 24,016 and a stop loss at 24,167.
📊 Trend Indicators:
Yellow: Sideways Trend Expected.
If Market Opens Gap Down (100+ Points Below Previous Close):
A gap-down opening near 23,970 or the lower end of the Opening Support Zone (24,016-24,058) might provide a recovery opportunity. Monitor price action for a bounce back to 24,159.
If prices fail to sustain above 23,970, expect further downside toward the Last Intraday Support (23,815) .
📈 Action Plan:
For long positions, wait for recovery above 23,970 with bullish confirmation. Use stop loss at 23,815.
For short trades, consider entry below 23,970 with a target of 23,815 and a stop loss at 24,016.
📊 Trend Indicators:
Red: Bearish Move Expected.
Risk Management Tips for Options Trading:
Always calculate position sizing based on risk tolerance.
Use stop-loss orders to minimize losses, especially in high-volatility scenarios.
Avoid overtrading; wait for clear confirmation of price action before entering trades.
For intraday options, consider exiting positions by 3:15 PM to avoid overnight risk.
Summary and Conclusion:
The key levels for Nifty on 3-Jan-2025 are:
Resistance: 24,312 and 24,559.
Support: 24,016-24,058 and 23,815.
Use price action and trend behavior (Green for bullish, Yellow for sideways, and Red for bearish) to guide your trades. Stick to the plan, and prioritize risk management.
Disclaimer:
This trading plan is for educational purposes only. I am not a SEBI-registered analyst. Please consult your financial advisor before making any trading decisions.
NIFTY - Hajaari TradeHajaari Trade in Nifty seems active , provided it remains above 24K Level for next 3-4 Days!
NIFTY Staying above our Hajaari (Thousan Level) Trade since 31 Dec 2024.
Perfect Set up for our Hajaari Trade. Let's Ride the trend for 800 to 1k points from last Monthly Expiry.
Eyeing for 25500 Level with Bearish Expiry view this month End.
Let's see how market responds!
This Chart is for educational purpose & not a buy/sell recommendation.
Nifty may remain Bullish this month till 15 Jan, we may see a reversal basis Budget Movements. This is a Big yearly event which result in throwing Technical out of the window.
Technical Analysis may not work on Event Days like Budget, Election, Monitory Policy Review, RBI/ FED Interest Rat Decisions, etc. It is advised to check out Economic Calendar before planning a Trade!
Thank You
#NIFTY Intraday Support and Resistance Levels - 02/01/2025Gap up opening expected in nifty. Expected opening above 23800 level. After opening if it's sustain above this level then expected strong upside rally upto 24050 in today's session. Downside will be occurs in case nifty starts trading below the 23750 level. Downside rally expected upto 23550 support level.
NIFTY : Trading Levels and Plan for 02-Jan-2025WISH YOU ALL A VERY HAPPY NEW YEAR 2025
Introduction
In the previous trading session, we analyzed Nifty's key support and resistance levels for 1-Jan-2025. The chart provided a clear view of potential price movements under various scenarios. Yellow trends indicated sideways movement, green trends represented bullish behavior, and red trends highlighted bearish trends. Based on the chart for 1-Jan-2025, the actual price action unfolded as expected, staying within the highlighted zones and offering valuable insights for traders.
Trading Plan for 2-Jan-2025
Gap-Up Opening (100+ points)
If Nifty opens with a gap-up above 23,837 (No Trade Zone's upper band), observe the first 15-minute candle for confirmation.
If the price sustains above 23,837, expect a bullish trend targeting the Resistance Zone at 23,998 and further towards 24,068 for profit booking.
Place a stop loss just below 23,837 to manage risk and protect capital.
If the price fails to sustain above 23,837, expect a potential pullback towards the No Trade Zone. Monitor closely for any reversals within the zone.
Avoid taking positions inside the No Trade Zone unless a clear breakout or breakdown is visible.
Flat Opening
If Nifty opens flat near 23,758 (current market price), observe the price action for the first 15 minutes.
A breakout above 23,837 indicates bullish momentum towards 23,998 and 24,068, following the same plan as the gap-up scenario.
A breakdown below 23,699 (No Trade Zone's lower band) may signal a bearish move towards the Opening Support Zone at 23,617–23,640 and further towards 23,537.
Place a stop loss just above the breakdown or breakout levels to manage risk.
Wait for a confirmation candle (closing basis) before entering trades to avoid false signals.
Gap-Down Opening (100+ points)
If Nifty opens with a gap-down below 23,699, observe the first 15-minute candle for confirmation.
If the price sustains below 23,699, expect a bearish continuation targeting the Opening Support Zone at 23,617–23,640 and further towards the critical support at 23,537 (reversal zone).
Place a stop loss above 23,699 to manage risk.
If the price fails to sustain below 23,699, anticipate a pullback towards 23,837 and monitor for potential reversals in this region.
Avoid taking impulsive trades at open; let the levels guide your entries and exits.
Risk Management Tips for Options Trading
Always use stop losses to minimize potential losses.
Avoid over-leveraging; trade within your capital limits and risk tolerance.
Monitor implied volatility and time decay when trading options.
Diversify your trades to reduce exposure to single-direction risks.
Stick to your plan and avoid emotional decisions.
Summary and Conclusion
The trading plan for 2-Jan-2025 revolves around identifying key levels and understanding price behavior under various opening scenarios (Gap Up, Flat, or Gap Down). The No Trade Zone highlights areas to avoid unless clear trends are visible. Follow the highlighted trends: yellow for sideways, green for bullish, and red for bearish movements. By employing proper risk management and adhering to this plan, traders can make informed decisions and navigate market conditions effectively.
Disclaimer : I am not a SEBI-registered analyst. This trading plan is for educational purposes only and should not be construed as financial advice. Always conduct your research and consult a professional financial advisor before making trading decisions.
#NIFTY Intraday Support and Resistance Levels - 01/01/2025Flat or slightly gap up opening expected in nifty. For today's session 23800 level will be the upside resistance for the nifty. Any major bullish rally only expected above this level. Downside 23550-23600 zone works as a support for today's session. Any major downside expected below this support zone. Between the 23550-23800 level consolidation movements possible in index.
NIFTY ForecastThis is a long term forecast and path I see for NIFTY 50.
Of course it would not be in straight line. But I see a 50% decline in Nifty between now and June 2026.
It would be a pretty painful 2025 and 2026 for India.
All the best.
Marketpanda
Disclaimer: The information provided is for general informational and educational purposes only, and does not constitute financial, investment, or legal advice. None of the content shared should be relied upon as the sole basis for making investment decisions. Prior to making any financial or investment decisions, it is strongly recommended that you consult with a qualified financial advisor, accountant, or other professional who is familiar with your individual circumstances and risk tolerance. Any reliance you place on the information presented is strictly at your own risk, and we are not responsible for any losses, damages, or liabilities resulting from your investment or trading activities.
Bearish Flag Breakdown in Nifty 50 – A Shorting Opportunity Bearish Flag Breakdown in Nifty 50 – A Shorting Opportunity
🚨 Entry: Sell at 23,645
🚨 Stop Loss: 24,050
🚨 Target: 22,580
🚨 Risk-to-Reward Ratio: 1:3
🔍 Analysis:
The Nifty 50 has formed a classic bearish flag pattern, signaling potential downside momentum. A breakdown below 23,645 provides an ideal entry point for short-sellers, with a tight stop-loss to limit risk.
With a strong confluence of technical indicators pointing toward further downside, the target of 22,580 aligns with the measured move of the flagpole, offering an attractive risk-to-reward ratio of 1:3.
💡 Tip: Always adhere to your trading plan and risk management strategy. Never risk more than you can afford to lose.
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⚠️ Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. I am not SEBI-registered. Please consult with your financial advisor before making any trading decisions. Trade responsibly!
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What’s your view on this setup? Let me know in the comments below!
#NIFTY Intraday Support and Resistance Levels - 31/12/2024Flat opening expected in nifty. After opening if it's sustain above 23600 level then possible upside movement in starting session. Upside 23800 level will act a strong resistance for today's session. Major downside in nifty expected if it's gives breakdown of 23500 level. This downside rally can goes upto 23250 level in today's session.
NIFTY : Trading levels and Plan for 31-Dec-2024[
Intro: Review of Previous Plan (30-Dec-2024)
Check plan V/s Actual performance for 30-Dec-2024 here : .
b]Trading Plan for Nifty - 31-Dec-2024
Key Color Codes in the Plan:
Yellow Trend: Sideways
Green Trend: Bullish
Red Trend: Bearish
Trading Plan for 31-Dec-2024:
Scenario 1: Gap-Up Opening (100+ points above 23,768)
If Nifty opens above 23,768 , the price is expected to move towards the Last Resistance for Intraday (23,866) .
Observe price action near 23,866 ; a breakout with sustained volume can trigger a long position targeting the Resistance for sideways at 24,010–24,058 .
If rejection occurs at 23,866 , look for bearish patterns (e.g., evening star or bearish engulfing). Initiate a short trade with a target of 23,737 .
Place a stop-loss 20 points beyond the breakout/rejection level to manage risk.
Scenario 2: Flat Opening (23,636–23,768)
A flat opening indicates indecision, and the market is likely to remain within the Yellow sideways zone .
Avoid trading aggressively in the Opening Resistance/Support zone (23,737–23,768) . Wait for a breakout above 23,768 to initiate long positions , targeting 23,866 .
On the downside, a breakdown below 23,636 could lead to bearish momentum towards the Buyer’s Support zone at 23,427 . Initiate short trades if the price sustains below 23,636 , with a stop-loss above 23,700 .
Scenario 3: Gap-Down Opening (100+ points below 23,604)
A gap-down below 23,604 could lead to bearish pressure, testing the Buyer’s Support zone at 23,427 .
Observe reversal patterns (e.g., hammer or bullish engulfing) at 23,427 . If confirmed, initiate long trades targeting 23,604 .
If the support fails, further bearish action could drive the price towards 23,320 . Enter short trades on confirmation of the breakdown, with a stop-loss above 23,500 .
Risk Management Tips for Options Trading:
Focus on in-the-money options to reduce the impact of time decay in sideways markets.
Use hedged strategies like iron condors to capitalize on low volatility within the sideways trend.
Always calculate your maximum loss and ensure it does not exceed 2% of your trading capital .
Avoid holding positions overnight without clear directional bias in the market.
Summary and Conclusion:
The key levels for tomorrow’s trading session are 23,768 on the upside and 23,427 on the downside.
Patience is critical within the Yellow sideways zone ; wait for clear breakouts or breakdowns.
Use defined stop-loss levels to minimize risk and maximize reward.
Disclaimer:
I am not a SEBI-registered analyst. This plan is for educational purposes only. Please conduct your analysis or consult with a financial advisor before making any trading decisions.
Nifty analysis for intraday 31/12/2024.Nifty has been trading in a range for the last 7 trading sessions.
Index is trading around the 20 EMA and giving sharp recovery on both sides.
Today it has closed below the moving averages. If the market starts trading below the No trading zone, bearish entry can be created for next support levels.
On the upper side the break out 23900 can clear the round number figure and test the Daily 20 EMA.
Wait for the price action near the levels before entering the trade.
#NIFTY Intraday Support and Resistance Levels - 30/12/2024Slightly gap up opening expected in nifty. After opening if nifty sustain above the 23850 level then expected upside rally upto the 24000+ level in today's session. Major downside expected if nifty not sustain above levels and starts trading below the 23800. This downside can goes upto the 23650 level.
NIFTY : Trading levels and Plan for 30-Dec-2024Trading Plan for Nifty - 30-Dec-2024
Intro: Review of Previous Plan (27-Dec-2024)
In the previous trading plan, we highlighted key zones, including the No Trade Zone (23,761–23,830) , the Last Intraday Resistance (24,010–24,058) , and the Buyer’s Support at 23,427 . As evident in the uploaded chart, Nifty traded within the highlighted zones, respecting the identified levels. The sideways momentum (Yellow trend) continued for most of the session, and an intraday attempt to breach the resistance zone was met with selling pressure, resulting in a close near the No Trade Zone.
Key Color Codes in the Plan:
Yellow Trend: Sideways
Green Trend: Bullish
Red Trend: Bearish
Trading Plan for 30-Dec-2024:
Scenario 1: Gap-Up Opening (100+ points above 23,930)
If Nifty opens above 23,930 , the market will be entering a bullish momentum zone. Look for a retest of the 24,010–24,058 resistance zone.
If the resistance is broken and sustained (hourly close above 24,058), initiate a long position targeting the retracement profit-booking resistance at 24,310 .
Place a stop-loss below the breakout level at 23,980 .
If the resistance holds, wait for rejection signals (red bearish candles) to initiate a short trade with a target of 23,761 .
Scenario 2: Flat Opening (23,800–23,850)
A flat opening indicates consolidation within the No Trade Zone (23,761–23,830) .
Avoid aggressive entries until Nifty decisively breaks out of the zone.
A breakout above 23,830 may signal a bullish move toward 24,010 . Look for confirmation with volume before entering a long trade .
On the downside, a breakdown below 23,761 could push Nifty toward 23,636 , the Last Intraday Support. In this case, initiate a short position with a stop-loss above 23,800 .
Scenario 3: Gap-Down Opening (100+ points below 23,730)
A gap-down opening below 23,730 signals bearish momentum. Observe if the price approaches the Buyer’s Support at 23,427 .
If the support holds, watch for reversal patterns (e.g., hammer or bullish engulfing) to initiate a long position targeting 23,761 .
A breakdown below 23,427 could extend the bearish trend to 23,300 or lower. Initiate a short trade if the breakdown is confirmed with a stop-loss above 23,500 .
Risk Management Tips for Options Trading:
Use defined risk strategies such as debit spreads to limit potential losses.
Avoid holding positions close to expiry to reduce time decay impact.
Trade with 1–2% of your total capital per trade to manage exposure.
Be cautious of high IV (Implied Volatility) spikes during gap openings.
Summary and Conclusion:
The plan emphasizes trading with confirmation signals and respecting highlighted zones.
Stay disciplined in the No Trade Zone to avoid unnecessary risks.
Follow the breakout and breakdown scenarios with defined stop-loss levels to maintain a favorable risk-reward ratio.
Disclaimer:
I am not a SEBI-registered analyst. All views are for educational purposes only. Traders are advised to do their analysis or consult with a financial advisor before making trading decisions.
#NIFTY50 TRADE SETUP - 30TH DECEMBER !!Nifty 50 Chart Analysis - 1 day Chart VieW
NSE:NIFTY
Nifty 50 Chart Analysis - Detailed Breakdown
Key Observations:
1. Current Price Zone: The Nifty index is trading at 23,832, with the price consolidating near recent lows.
2. Key Resistance Zones:
- 24,197.50: A significant resistance level, aligning with prior price rejections and a potential reversal area.
- 24,069.95: Intermediate resistance that needs to be cleared for bullish continuation.
3. Key Support Zones:
- 23,586.25: A strong support zone where buyers might step in, preventing further downside.
- 23,262.15: A deeper support level, marking the lower boundary of the recent bearish structure.
4. Market Sentiment: The price action indicates uncertainty, with equal probabilities of breakout above the resistance or breakdown below support.
Price Movement Summary:
- Upside Potential: A breakout above 24,197.50 could push the index towards 24,300+ levels. Thiszone has been highlighted in the chart as a bullish target area (marked in red box).
- Downside Risk: If the index breaks below 23,586.25, it could test 23,262.15 or lower, as depictedin the bearish target zone.
Trading Plan:
1. Bullish Plan:
- Entry: Above 24,069.95.
- Target 1: 24,197.50.
- Target 2: 24,300+.
- Stop-Loss: Below 23,961.55 (current pivot zone).
2. Bearish Plan:
- Entry: Below 23,586.25.
- Target 1: 23,536.60.
- Target 2: 23,262.15.
- Stop-Loss: Above 23,832.45.
Summary:
- Nifty is at a critical juncture, with immediate resistance at 24,069.95 and support at 23,586.25.
- Traders should wait for confirmation (breakout or breakdown) before initiating positions.
- Risk management is crucial as the index approaches year-end volatility.
Disclaimer:
This content is for educational purposes only. It is not a recommendation to buy or sell any financial instrument.The creator is not a SE-BI-registered advisor. Please consult with a certified professional before making investment decisions.
#Nifty50 Outlook for upcoming week 30-3rd Jan 2025The Nifty roared this week, gaining a solid 226 points, closing at a strong 23813! It reached a peak of 23938 before dipping to 23647. As predicted, the Nifty stayed within the 24100-23000 range, forming an interesting inside candle pattern. Excitingly, a bullish "W" pattern has emerged on the weekly chart!
If the Nifty can hold above the crucial 23900 level next week, we could see it trading between 24300 and 23400 . However, while a bounce is expected, the bearish Monthly chart might tempt big players to unload their positions. Stay alert!
Across the pond, the S&P500 took a 2.5% hit, closing at 5970 after reaching a high of 6049. The 5870-5850 support zone is critical. A breach could trigger a faster selloff, potentially testing the 5637/5551 support levels. For an upward move, the S&P500 needs to conquer 6050, paving the way for resistance levels at 6094/6142/6225.
Bottom line: Use any bounce next week as an opportunity to lock in profits. Stay informed and trade wisely!"
Wishing everyone a very happy & prosperous New Year.
The Nifty Intraday trend forecast for December 30, 2024The intraday trend appears bearish for December 30, 2024. Please note that the levels provided may vary due to gaps on either side. Always ensure that a stop-loss is applied to every trade. Keep in mind that derivatives trading carries significant risks.