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NIFTY INTRADAY LEVELS FOR 02 SEP 2024BUY ABOVE - 25260 SL - 25200 TARGETS - 25320,25400,25470 SELL BELOW - 25200 SL - 25260 TARGETS - 25130,25080,25030 NO TRADE ZONE - 25200 to 25260 Previous Day High - 25260 Previous Day Low - 25200 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
Nifty50 analysis for next week 2nd Sept-6th Sept 2024#Nifty surged to a new all-time high of 25236 this week, gaining nearly 400 points from the previous week's close. As predicted, the market remained within the 25500-24200 range. For the coming week, I anticipate Nifty to trade between 25850 and 24600 . A break above or below these levels could trigger significant price movements. If Nifty can sustain above 25300, it might reach 25400, 25568, 25650, or even 25809 (a crucial resistance level). While the weekly RSI is showing signs of a bearish M pattern, I believe Nifty needs to reach 25500 or 25800 before a significant decline. Overall, for coming week market remains bullish. The S&P 500 closed just above the important Fibonacci level of 5637. A break above 5670 could lead to gains towards 5700, 5806, or even 6142, which would likely benefit Indian markets. However, a breakdown below 5550 could trigger a sell-off, with potential support levels at 5486, 5373, and 5180. Such a scenario would have negative implications for global markets, including India.
NSE:NIFTYLong
by ssudhirsharma11
NIFTY INTRADAY LEVELS FOR 30 AUG 2024BUY ABOVE - 25200 SL - 25130 TARGETS - 25260,25320,25400 SELL BELOW - 25130 SL - 25200 TARGETS - 25080,25030,24970 NO TRADE ZONE - 25130 to 25200 Previous Day High - 25200 Previous Day Low - 24970 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 Positional Trading PlanThe market continued to consolidate while maintaining its upward momentum for the ninth consecutive session and hit a new Nifty 50 closing high on 28th August. The rise of 0. 14 per cent to 25,052 points formed a doji like candlestick pattern indicating consolidation and indecision among buyers and sellers on future market trends. US stock markets fell across the board overnight and Asia opened today with a correction, creating instability in the domestic market. The bulls may weaken after consecutive rallies and the market is expected to remain consolidated on the monthly F&O expiry date. Important resistance above is at 25, 100 pips, while short-term key support appears at 24,950 pips, at 5-day EMA level. Nifty Options For call option data, the highest number of open positions is at 25,500 strike, which can act as a key resistance level for Nifty in the short term. In put options, the highest number of open positions is at 25,000 strike, which can act as a key support level for Nifty. August F&O expires and can be shifted to September F&O to open new positions. Longs have shown weakness and remain short for the next few sessions, today one can focus on NIFTY SEP 24500 PE and enter new position at 135-150 with scheduled profit of 15%.
NSE:NIFTYLong
by PJVFINANCIAL
NIFTY INTRADAY ANALYSIS FOR 29/08/2024BUY ABOVE - 25080 SL - 25030 TARGETS - 25130,25200,25260 SELL BELOW - 25030 SL - 25080 TARGETS - 24970,24900,24850 NO TRADE ZONE - 25030 to 25080 Previous Day High - 25130 Previous Day Low - 24970 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 28/08/2024BUY ABOVE - 25030 SL - 24970 TARGETS - 25080,25160,25240 SELL BELOW - 24970 SL - 25030 TARGETS - 24900,24850,24780 NO TRADE ZONE - 24970 to 25030 Previous Day High - 25080 Previous Day Low - 24970 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 27/08/2024BUY ABOVE - 25030 SL - 24970 TARGETS - 25080,25160,25240 SELL BELOW - 24970 SL - 25030 TARGETS - 24900,24850,24780 NO TRADE ZONE - 24970 to 25030 Previous Day High - 25030 Previous Day Low - 24850 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 Podcast 26 Aug 2024Again on NIFTY, took only 1 trade with Gap up/down strategy. 1:1 target achieved right away in the second candle itself. Notes: - Closed early due to peer pressure of reaching or closing the targets. Next time, will mute all groups or channels to focus on the trade itself. - There was another entry based on podcast strategy, but neither it hit the target nor it hit the stoploss. Second trade can always be debit spread or credit spread to avoid loss in the decay in the premiums of naked buying options.
NSE:NIFTYLong
by gupshupblog
NIFTY INTRADAY LEVELS FOR 26/08/2024BUY ABOVE - 24850 SL - 24780 TARGETS - 24900,24960,25020 SELL BELOW - 24780 SL - 24850 TARGETS - 24740,24700,24660 NO TRADE ZONE - 24780 to 24850 Previous Day High - 24850 Previous Day Low - 24780 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
#nifty50 analysis for next week 26-30th Aug 2024Nifty surged nearly 300 points last week, closing at 24,823. It reached a high of 24,867 and a low of 24,522. As predicted, Nifty remained within its 25,200-23,900 range. For the coming week, I anticipate a Nifty range of 25,500 to 24,200. Breaking these levels could trigger significant market movements. If Nifty closes above the strong resistance of 24,860 this week, it could pave the way for levels like 25,500 and 25,800 in the near future. However, Monday's opening is crucial. If it equals the daily high or reaches 24,825, bearish sentiment might return, potentially leading to support levels at 24,625, 24,486, 24,346, and 24,200 being tested. Meanwhile, the S&P 500 closed at 5,634, up 70 points from the previous week. Interestingly, it closed right at the important Fibonacci level of 5,637. If it can close above this level for two consecutive days, the path to 5,700, 5,806, and even 6,142 could be open, potentially benefiting Indian markets as well.
NSE:NIFTYLong
by ssudhirsharma11