NIFTY INTRADAY LEVELS FOR 06/12/2023BUY ABOVE - 20850
SL - 20800
TARGETS - 20930,21000,21080
SELL BELOW - 20590
SL - 20630
TARGETS - 20540,20480,20420
NO TRADE ZONE - 20740 to 20850
Previous Day High - 20850
Previous Day Low - 20740
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
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.
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 👍
Niftyprediction
NIFTY INTRADAY LEVELS FOR 05/12/2023BUY ABOVE - 20700
SL - 20650
TARGETS - 20800,20910,21000
SELL BELOW - 20590
SL - 20630
TARGETS - 20540,20480,20420
NO TRADE ZONE - 20590 to 20700
Previous Day High - 20700
Previous Day Low - 20540
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
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.
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 👍
NIFTY INTRADAY LEVELS FOR 04/12/2023BUY ABOVE - 20290
SL - 20240
TARGETS - 20330,20370,20420
SELL BELOW - 20240
SL - 20290
TARGETS - 20180,20140,20100
NO TRADE ZONE - 20240 to 20290
Previous Day High - 20290
Previous Day Low - 20180
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
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.
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 👍
Nifty Short , Medium & Long Term View-04-Nov-23 to 08-Dec-23Nifty Short , Medium & Long Term View-04-Nov-23 to 08-Dec-23
Nifty closed at 20227( Prev Week close 19794) and touched low & high of 19807 & 20295.
Market Decisively crossed the 20000 and crossed the all time high (20218) and touched 20295.
Pre poll survey result and GDP Q2 growth boosted the market.
Monday will be gap up opening due to the state elections results. Current government having confidence in sailing through next year parliament elections.
Hence one of the major risk expected is almost resolved.
Market expected to move up to 20500 initially.
RSI and stochastics levels nearing the overbought zone ( 75% & 97 % Respectively).
Nifty- Short Term
Resistance at 20450-20600 zone marked with blue circle.
Those are trend line resitances and
also the 20500 Target ( Red Horizontal Line) resistance is dervied from % of difference between pre covid peak ( 12400 ) and covid low (7500 ) and that % is applied from the 12400 ( Pre covid peak) is calculated to 20500.
As Market near to overbought zone a downward movement to 20000 / 19850 is possible in coming weeks.
Market is in overbought zone.Complete 30% Profit booking as specified before around 20450- 20600 and better to be with cash.
Support at 20000, 19850, 19691 & 19528
Nifty Medium Term & long Term -
Market need to decisively close above 20570 to reach 21000 target.
Support at 19345, 19230, 19164, 19000
Long Term
market range bound between 21000 to 18800 till elections are completed.
Comment :
Market Volatality expected to continue till Q3 results, Feb budget & till elections in 2024 (Apr-May).
Banks gave good results except HDFC bank due to merger. Capital Goods and other companies posted average to average results. most of the stock screening shows to buy banks and NBFCs. only few stocks from capital goods and other stocks are showing promising results. pharma stocks gave outstanding returns and it is just starting. Stock Pick based on the Q2 result and projected growth of the stock is necessary.
Q3 Results & Policy change need to be looked into for next year growth of Nifty.
NIFTY Bull prediction for tomorrow As in my last analysis we discussed, NIfty has given the breakout to bulls side it has broken the highest high. Now it's expected to move higher HIGH. most levels have been marked on chart.
I am exxpecting it to retrace to 20200 levels and then once bulls take the charge nifty is going to touch above resistance trendline. It's having mild Bearish deivergence. but that can be fixed during consolidation or retesting the 20200 level.
I am expecting it to retest and than move to 20500.
Reasons:
NIFTY has aleady given the breakout. trading all time high. (Bullish)
PCR = 1.19 (Bullish)
20200 is having huge PE writing means good strong support level. (Bullish)
Upside we have good CE writing at 20400. So, traders are waiting for retest to sell lower point. (Bullish)
RSI is already in the Bullish zone. (Bullish)
Verdict:
Strong Bullish
Plan of action:
Sell 20200 PE and Buy 20250 CE once Bull trend confirms after retest.
Nifty Bearish ViewNifty Elliottwave Count
It seems like the market is nearing the top.. it's just a tentative view as there is no confirmation yet to take positions according to this.
Please note that this information is for educational purposes only, and it is crucial to trade with caution.
NSE:NIFTY NSEIX:NIFTY1! NSE:NIFTY1!
NIFTY INTRADAY LEVELS FOR 01/12/2023BUY - 20140
SL - 20100
TARGETS - 20170,20200,20260
SELL below - 20100
SL - 20140
TARGETS - 20050,20020,19960
am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
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 👍
NIFTY INTRADAY LEVELS FOR 30/11/2023BUY ABOVE - 20100
SL - 20070
TARGETS - 20140,20170,20200
SELL BELOW - 20020
SL - 20080
TARGETS - 20020,19960,19920
NO TRADE ZONE - 20050 to 20100
Previous Day High - 20100
Previous Day Low - 19960
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
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.
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 👍
Nifty Smart Money Concept Analysis of Daily TimeframeNifty Smart Money Concept Analysis of Daily Timeframe
After strong Bullish rally market turned into bearish as CHoCH confirmed HH and recent inducement confirmed LL.
We have to wait for mitigate POI zone 20100 to 20200 and in lower timeframe 5min / 15min confirmation of structure CHoCH IDM or Liquidity sweep to enter sell setup.
#NIFTY Intraday Support and Resistance Levels - 30/11/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 20120 level and then possible upside rally up to 20240 in today's session. in case nifty trades below 20080 level then the downside target can go up to the 19960 level.
30 NOV 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open flat
After A flat opening if Banknifty sustains Above 44400 and takes Support from 44500 then open target for T1-44700, T2-44900,T3-45000
If the Banknifty Gap up opening sustains Below 44400 and takes resistance below 44500 then the open Targets for T1-44300, T2-44200,T3-44000
Major Levels 44500,44400,45000
If the market stands in this area of 44500 to 44700 then it is possible that even today the market will remain in the range.
📈 Nifty's Current Situation: A Simple BreakdownToday, Nifty, the benchmark index of the Indian market, made a noteworthy move, inching close to its all-time high. Let's break it down: went up by more than 1%, coming close to its all-time high. Here's a closer look:
What's Up with the Market 📊:
Nifty's recent jump got it close to its highest-ever levels. Sounds good, right? But there's a challenge—it's right at a powerful supply zone where the market often faces a tough time.
What the Charts Are Saying 📈:
The quick climb has made Nifty stretch a bit from its average Price (EMA20). History says Nifty usually comes back to EMA20 after a speedy rise. So, brace yourself—a correction might be on the way. Looking deeper, it seems Nifty has a habit of taking a breather near its EMA20 after moving up fast. This time seems no different, hinting at a possible slowdown.
What to Expect 🎯:
In simple terms, be ready for a possible cool-down from the Supply zone. While quick rises catch eyes, a steadier climb is usually better for a strong trend. But here's the twist—if Nifty breaks through this tough Supply zone, we might be in for more highs.
🚨 Watch Your Steps:
Nifty is benchmark index of the Indian market, Since Nifty is close to this tricky zone, it's wise to be careful. Set your safety nets (stop-loss) smartly, based on how much risk you're comfortable with.
Final Words & Reminder 📝:
Interpreting market signs is part skill, part instinct. This guide is here to help you learn, not as professional advice (I'm not a SEBI registered analyst). Just sharing insights for you to learn. Keep it smart out there!
Trade Smart, Navigate Cautiously! 💹✨
Lastly, Thank you for your support! Your likes & comments . Feel free to share your thoughts and feedback in the comment section.
NIFTY INTRADAY LEVELS FOR 29/11/2023BUY ABOVE - 19920
SL - 19880
TARGETS - 19960,20020,20070
SELL BELOW - 19870
SL - 19890
TARGETS - 19830,19800,19770
NO TRADE ZONE - 19870 to 19920
Previous Day High - 19920
Previous Day Low - 19800
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
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.
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 👍
NIFTY--Trading in a channel??Keep in long even if price comes down.
as long as price is in a channel keep in long side only....
no sign of bearishness as of now in nifty...
If 19700 holds then it will soon touch the ATH.
If price breaks the channel then will thin of short side, after a retest is done.
Thanks for your support and Encouragement. Trade safe.
NIFTY INTRADAY LEVELS FOR 28/11/2023BUY ABOVE - 19830
SL - 19790
TARGETS - 19870,19920,19960
SELL BELOW - 19770
SL - 19810
TARGETS - 19740,19710,19670
NO TRADE ZONE - 19770 to 19830
Previous Day High - 19830
Previous Day Low - 19770
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
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.
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 👍
#NIFTY Intraday Support and Resistance Levels - 28/11/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19810 level and then possible upside rally up to 19930 in today's session. in case nifty trades below 19780 level then the downside target can go up to the 19660 level.
28 NOV 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open a Flat
After A Flat opening if Banknifty sustains Above 43700 and takes Support from 43700 then open target for T1-43900, T2-44000,T3-44200
If the Banknifty Flat opening sustains Below 43500 and takes resistance below 43500 then the open Targets for T1-43300, T2-43200,T3-43000
Major Levels 43500,43600,43700
If the market stands in this area of 43500 to 43700 then it is possible that even today the market will remain in the range.