Get started

Niftyprediction

Nifty important levels and trade plan for Thursday, 7th MarchNifty important levels and trade plan for Thursday, 7th March In daily time frame Nifty is in uptrend, and for tomorrow, we will look for mainly bullish trades, as there are plenty of support levels too. However, we may enter into bearish trades, if necessary, with limited quantity, and for very small targets. There will be resistance zone between 22497 and 22514 level, will go for buy side trades after Nifty crossing this zone, in case of flat or minor gap down opening. In case of gap up opening above this level. Will wait for price action to form if necessary. 22579 will our first target. From where we may expect a reversal too. Above this 22675 and 22798 will be the second and third target levels. In case of gap up opening, at 22579.45, we may directly plan for bearish trade without any price action, with a very tiny SL, and target up to 22514. In case of flat opening, after Nifty crossing 22433.55 level, with a proper price action, we may plan for bearish trade, but with limited quantity. 22392.75, 22359.9, 22327.05 will be our target levels. And may expect reversal form any of the levels. Similarly, near all these levels, with a price action, may plan for a bullish trade. After Nifty crossing 22359.9, we may plan for a proper downside trade, but will have to wait, and will prefer if it happens after 12:30 PM. 2282.35 and 22223.2 will be our next target levels. *Personal opinion, not a trade advice* *Support and resistance levels are based on Fibonacci*
NSE:NIFTY
by rahulbora11
NIFTY--Keylevels @BASE??NIFTY INDEX is at crucial support at trendline... after a long time consolidation, price moves upside. DROP BASE DROP is observed previously... BASE acts as resistance it will fall back to below demand zones... we have a strong demand zone lies at 21700 levels... so tomorrow we have to observe this base bottom is pushing the price downside or not... by observing this we can decide further movement in NIFTY Index. ----------------------------------------------------------------------------------------------------- On the other hand, if price consolidate between base high to base low.. if price breaks the high and retest to base high, then will go for long side continuation up to 22500 levels. Then will observe a inverse head and shoulders pattern in NIFTY INDEX to go long.
NSE:NIFTY
by IIT-Trader
39
In-Depth Analysis of Nifty Market Trends and Future PredictionsMarket Analysis Overview: In this comprehensive analysis, we delve into various indicators and market dynamics to provide insights into the current and future state of the Nifty market. By examining key factors such as Dow Zone, SJX Nifty, trading volumes, option chain data, and the behavior of different market participants, we aim to uncover potential trends and opportunities for traders. Key Points: Market Trends and Predictions: Anticipation of a decline in the Dow Zone and SJX Nifty signals a cautious market sentiment. Significant shopping activities, totaling Rs 1834 crore, indicate investor interest, but underlying secrets within this data require closer examination. Heavy call writing observed at the 22300, 22400 level, while substantial put writing at the 22300, 22000 level suggests a range-bound market. PCR ratio of 1.15 and India VIX indicate mixed sentiment, with potential for both upside and downside movements. Nifty's side suggests volatility, with the market oscillating between positive and negative territory. Current Market Position: Nifty market is currently trending at 22301, with a pivot level identified at 22376. Buy reversal level stands at 22355.8, while the sell reversal level is at 22392. Breakout level to watch for is at 22418, whereas the breakdown level is at 22337. Potential Targets: Lower side targets are identified at 22316 or 22307, offering potential support levels. Upper side targets stand at 22432 or 22440, indicating potential resistance levels. Trading Strategy: Based on the provided levels and targets, traders can formulate their strategies as follows: Long positions can be considered near the buy reversal level (22355.8) with targets at 22432 or 22440. Short positions may be initiated close to the sell reversal level (22392) with targets at 22316 or 22307. Traders should closely monitor breakout and breakdown levels (22418 and 22337, respectively) for potential trend confirmation and adjust their positions accordingly. Continuous testing and confirmation of support levels crucial for sustaining positive momentum. Market's ability to maintain above key levels essential for retesting lifetime highs and avoiding breakdowns. Expiry Dynamics: With Nifty expiry approaching, attention shifts to identifying key levels and zones. Bottom zone creation indicates potential for market recovery, contingent upon successful testing of support levels. Retailer, DI, and AI Strategies: Analysis of retailer, DI, and AI positions reveals shifting market dynamics. Retailers predominantly taking long positions, while DI shows significant purchasing activity, influencing market sentiment and direction. Conclusion: In conclusion, the Nifty market presents a mix of opportunities and challenges, influenced by various factors including global cues, trading volumes, and investor sentiment. By carefully analyzing technical indicators, option chain data, and the behavior of different market participants, traders can better navigate the market and capitalize on emerging trends and opportunities. Note: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own research and analysis before making any investment decisions.
NSE:NIFTYShort
by khushaljain023
3
NIFTY INTRADAY LEVELS FOR 06/03/2024BUY ABOVE - 22430 SL - 22400 TARGETS -22500,22580,22650 SELL BELOW - 22350 SL - 22400 TARGETS - 22310,22270,22230 NO TRADE ZONE - 22350 to 22430 Previous Day High - 2200 Previous Day Low - 22270 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:NIFTY
by Jagadheesh_JP
NIFTY INTRADAY LEVELS FOR 05/03/2024BUY ABOVE - 22430 SL - 22370 TARGETS -22500,22580,22650 SELL BELOW - 22350 SL - 22400 TARGETS - 22310,22270,22230 NO TRADE ZONE - 22350 to 22430 Previous Day High - 22430 Previous Day Low - 22370 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:NIFTY
by Jagadheesh_JP
NIFTY INTRADAY LEVELS FOR 04/03/2024BUY ABOVE - 22450 SL - 22420 TARGETS -22500,22580,22650 SELL BELOW - 22350 SL - 22370 TARGETS - 22310,22270,22230 NO TRADE ZONE - 22350 to 22450 Previous Day High - 22450 Previous Day Low - 22370 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:NIFTY
by Jagadheesh_JP
NIFTY INTRADAY LEVELS FOR SATURDAY TRADING 02/03/2024BUY ABOVE - 22350 SL - 22210 TARGETS -22230,22170,22120 SELL BELOW - 22940 SL - 21990 TARGETS - 21890,21850,21800 NO TRADE ZONE - 22310 to 22350 Previous Day High - 22350 Previous Day Low - 22060 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:NIFTY
by Jagadheesh_JP
1
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??
NSE:NIFTY
by IIT-Trader
44
NIFTY INTRADAY LEVELS FOR 01/03/2024BUY ABOVE - 22060 SL - 22020 TARGETS -22120,22170,22230 SELL BELOW - 22940 SL - 21990 TARGETS - 21890,21850,21800 NO TRADE ZONE - 21940 to 22060 Previous Day High - 22060 Previous Day Low - 21850 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:NIFTY
by Jagadheesh_JP
NIFTY INTRADAY LEVELS FOR 29/02/2024BUY ABOVE - 22060 SL - 22020 TARGETS -22120,22170,22230 SELL BELOW - 22940 SL - 21990 TARGETS - 21890,21850,21800 NO TRADE ZONE - 21940 to 22060 Previous Day High - 22230 Previous Day Low - 21940 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:NIFTY
by Jagadheesh_JP
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.
NSE:NIFTY
by IIT-Trader
21
NIFTY INTRADAY LEVELS FOR 28/02/2024BUY ABOVE - 22210 SL - 22170 TARGETS -22250,22300,22350 SELL BELOW - 22170 SL - 22210 TARGETS - 22120,22070,22020 NO TRADE ZONE - 22170 to 22210 Previous Day High - 22210 Previous Day Low - 22070 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:NIFTY
by Jagadheesh_JP
NIFTY--Consolidation or Bearish??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
NSE:NIFTY
by IIT-Trader
32