#NIFTY Intraday Support and Resistance Levels -04/12/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 20280 level and then possible upside rally up to 20380 & This rally can extend another 100-120 points if market gives breakout of 20400 level in today's session. in case nifty trades below 20240 level then the downside target can go up to the 20120 level.
Niftytradesetup
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 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 👍
01 DEC 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open gap up
After A gap up opening if Banknifty sustains Above 44500 and takes Support from 44600 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 44600 to 44800 then it is possible that even today the market will remain in the range.
#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 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 👍
29 NOV 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open Gap up
After A Gap up opening if Banknifty sustains Above 43900 and takes Support from 43800 then open target for T1-44000, T2-44200,T3-44400
If the Banknifty Gap up 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.
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 👍
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.
NIFTY INTRADAY LEVELS FOR 24/11/2023BUY ABOVE - 19830
SL - 19790
TARGETS - 19870,19920,19960
SELL BELOW - 19790
SL - 19830
TARGETS - 19750,19710,19670
NO TRADE ZONE - 19790 to 19830
Previous Day High - 19870
Previous Day Low - 19790
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 - 24/11/2023Nifty will be FLAT opening in today's session. After opening nifty start trading Above 19830 level and then possible upside rally up to 19950 in today's session. in case nifty trades below 19800 level then the downside target can go up to the 19680 level.
24 NOV 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open a gap down
After A gap down opening if Banknifty sustains Above 43700 and takes Support from 43700 then open target for T1-43900, T2-44000,T3-44200
If the Banknifty gap down opening sustains Below 43400 and takes resistance below 43400 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.
NIFTY--19600 or 19950 ??I am sharing the important levels of Support and Resistance. These levels play 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.
They serve as key reference points for technical analysis.
After taking the liquidity at 19600 levels.. price have the chance moving upside, to test 19950 levels...keep safe before short below 19600...
NIFTY INTRADAY LEVELS FOR 22/11/2023BUY ABOVE - 19820
SL - 19780
TARGETS - 19870,19920,19960
SELL BELOW - 19750
SL - 19780
TARGETS - 19720,19670,19640
NO TRADE ZONE - 19750 to 19820
Previous Day High - 19820
Previous Day Low - 19750
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 👍
Today Support and Resistance for Nifty and BankNifty Good Morning Everyone
Date: 22nd November 2023
1. Yesterday unfolded as anticipated – a complete range-bound day. The market sustained the gap-up, remaining consolidated at the same level throughout.
Such moves aren't favorable for the index.
I advise against buying in the index, especially positionally. Beware of FOMO-driven purchases; caution is paramount.
**Key Levels for Today:**
- *Upside Critical Point:* 19,850 (Heaviest resistance; crossing it poses a significant challenge for the index).
- *Downside Critical Support:* 19,660 (Crucial; breach may lead to deeper cuts in the index).
**BankNifty Levels:**
1. *Upside Resistance:* 43,850 (Critical for any upward movement).
2. *Downside Support:* 43,500 (Essential; breach could lead to a deeper correction).
*In the range between these two levels, consider a no-trade zone.*
**Additional Insights:**
- No specific stock updates today.
- Wishing everyone a profitable day ahead!
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Disclaimer:
Please note that this is only for Study Purpose and not a recommendation.
So please do your own research before investing in market.
#NIFTY Intraday Support and Resistance Levels - 22/11/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19800 level and then possible upside rally up to 19920 in today's session. in case nifty trades below 19760 level then the downside target can go up to the 19640 level.