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Niftytrendanalysis

Nifty Analysis EOD - 28th April 2025🟢 Nifty Analysis EOD - 28th April 2025 🔴 Nifty almost retraced 25th April’s fall — Back to Square One... What Next? 📈 Market Summary Nifty almost retraced 25th April’s fall — Back to Square One... What Next? As highlighted in previous sessions, the 24,330 ~ 24,360 zone once again proved to be a crucial resistance. Today, along with the past three sessions, we observed Nifty struggling to breach this wall — a fact clearly visible on the 75-minute time frame chart. Now the big question: ➡️ Tomorrow, can Nifty decisively breach 24,365 and sprint towards 24,500? Well, time will answer, but we must stay prepared for moves on either side. Intraday Walk: Nifty opened with a gap-up above the psychological 24,000 level at 24,070. With a slow yet steady bullish pace, it hit a high of 24,355. After touching this critical resistance, it spent almost 2 hours consolidating in the same zone. Finally, it closed at 24,312, defending most of its intraday gains — a strong show of resilience by the bulls. 🕯 Daily Candle Structure Today's Candle: 🟢 Strong Bullish Candle (Almost a Marubozu) Open: 24,070.25 High: 24,355.10 Low: 24,054.05 Close: 24,328.50 Change: +289.15 points (+1.20%) Key Observations: The session opened slightly above yesterday’s close and dipped just marginally. Buyers took charge from the very beginning, consistently pushing the index higher. Close near the day's high signals robust bullish momentum. The candle has a tiny lower shadow and minimal upper shadow, indicating persistent buying throughout the day. What It Implies: Clear bull dominance. Willingness among buyers to step up even at higher levels. If external cues remain supportive, momentum could continue into the next session. 🛡 Gladiator Strategy Update ATR: 344.11 IB Range: 182.1 (Medium IB) Market Structure: Balanced Trade Highlights: 1st Trade: Long Entry triggered at 10:05 AM — SL Hit 2nd Trade: Long Entry triggered at 11:25 AM — 1:2 Target Achieved Additional Trade (Discretionary Contra): Short Entry at 14:15 PM — 1:1.4 Target Achieved 🧾 Index Performance Snapshot Nifty 50: +289 Points (+1.20%) Bank Nifty: +768 Points (+1.41%) Nifty 500: +254 Points (+1.16%) Midcap: +870 Points (+1.62%) Smallcap: +130 Points (+0.78%) 📍 Key Levels to Watch Resistance Zones: 🔹 24,330 ~ 24,360 (Immediate hurdle) 🔹 24,480 ~ 24,540 (24,500 psychological level inside this zone) 🔹 24,800 Support Zones: 🔹 24,190 ~ 24,225 (Immediate support) 🔹 24,120 🔹 24,050 🔹 24,000 ~ 23,950 🔹 23,820 🔹 23,710 ~ 23,660 🔹 23,500 🔹 23,410 ~ 23,370 🔹 23,215 🎯 Final Thoughts "Structure is key. When levels work, respect them. When they break, adapt." The current structure indicates bulls have made a strong comeback, but remember — 24,330 ~ 24,360 remains the battleground. Only a decisive breakout above can ignite a rally towards 24,500+. Otherwise, we stay watchful for possible reversals. Stay sharp, stay prepared! ✏️ Disclaimer ✏️ This is just my personal viewpoint. Always consult your financial advisor before taking any action.
NSE:NIFTY
by kzatakia
SUN PHARMA | Inverted Head & Shoulders BreakoutSun Pharma has completed an Inverted Head and Shoulders pattern on the daily chart, signaling a potential bullish reversal. 📈 Entry: Buy above ₹1800 (breakout confirmation) 📉 Stop Loss: ₹1722 (below right shoulder support) 🎯 Targets (based on Fibonacci extensions & previous resistance zones): • ₹1837.30 • ₹1875.35 • ₹1914.20 • ₹1953.90 • ₹1994.35 • ₹2034.55 The neckline breakout has occurred with decent volume, reinforcing the validity of the setup. As always, risk management is key — trailing stop loss recommended as price moves in favor. 💡 Disclaimer: This is for educational purposes only. Do your own research before making any trading decisions.
NSE:SUNPHARMALong
by raigvivek
Nifty Spot Daily Trend Analysis from April 25, 2025Technical Outlook: Nifty Spot is approaching a potential resistance near the Gann 720° level at 24,539. A minor correction appears likely, and we are currently awaiting short signal confirmation from one of our proprietary indicators. Should a decline occur, the index may find support around the Sine Wave level of 23,398. A break below this level could suggest a continuation of the bearish momentum. At present, most indicators are still trending upwards. However, the bar formations on the chart hint at a possible reversal. Once the MastersSignal confirms a short setup, we will reassess confluence around the Gann 720° value to strengthen conviction. Disclaimer: This is my personal technical view. Traders should conduct their own analysis and implement strict risk management before initiating any trades.
NSE:NIFTYShort
by Mastersinnifty
Nifty--Demand Zone and Liquidity @23400 Nifty index is broken the strong resistance at 23800 levels and taken the liquidity at 24220 levels... now price action is sideways or trading in a range bound market. expecting some pullback for further continuation.... wait for buyers exhaustion before short... we have a clear demand zone at 23400 levels... when price confirms the bullishness here, after the liquidity grab below the demand will observe a strong up move again... there are bullish gaps @22800 levels...price has to give pullback for further upside move... the above one is a clear buying plan for the targets of 24800 and 25200 liquidity. --->>still we have no sign of bearishness is seen in Nifty.
NSE:NIFTY
by IIT-Trader
1
Decoding NIFTYDear Traders, I hope this message finds you well in your trading endeavours and personal pursuits. I am excited to share a compelling opportunity with you through a new NIFTY analysis that sheds light on the continuation of the market shift. Preliminary Analysis Overview: The downtrend from all-time highs has reached approximately 65% of its progression. The recent upward surge is somewhat concerning due to concerns about a new trend or a correction within a correction in a larger degree (downtrend). Let us discuss the key points to distinguish between these two scenarios: The second leg of the downtrend is experiencing a correction, having completed approximately 89/90 days (which reinforces the interim trend’s completion). The current correction is progressing rapidly, exhibiting limited sub-waves, which is typically not a characteristic of a motive wave (especially at the beginning of a trend). The accompanying chart illustrates this point. Let us elucidate the reasons behind this assertion: Reason I: As a staunch believer and ardent follower of Master WDG , the significance of time cannot be disregarded. The primary downtrend commenced on September 27, 2024, and is poised to encounter a pivotal juncture, namely 180 days from its commencement on March 25, 2025 (Tuesday). This date also coincides with a cross-over with the Fibonacci value of 21 from March 4, 2025, where the interim correction commenced (21,964.60). The 180D is a component of both the tetragram and the hexagram, and it also represents the midway point of a complete circle (360). There is also another weird correlation, 4th MAR’25 & 25th MAR’25 both falls on Tuesday marking initiation & termination, the same day. Reason II: The geometric patterns of preceding and ongoing movements further support this analysis. Analyzed both on a daily and weekly basis. The correction responded favorably to both Fibonacci retracements and trendlines. Upcoming resistance levels include: RI: 23,590~23,600 RII:23,653 (23.6% of the downtrend) RIII: 23,807 The previous support level is acting as a crucial resistance. I also observe that there will not be a positive close in 3M charts. Reference: Important Dates to Remember: As suggested, March 25, 2025, marks a significant juncture in the overall trend. This is pure technical based analysis & does not involve any economic data releases other factors. ** Final Verdict: ** The market is anticipated to conclude its final leg of the downtrend, commencing from this Tuesday. However, the duration of this leg can range from 1 to 2 months. I have identified several crucial dates for monitoring the upcoming trend. Stay informed! **Strategy:** Given the prevailing market conditions, adopting a bearish stance appears prudent. Any sell positions executed after 23,550 will yield positive returns. While it may seem counterintuitive to deviate from the prevailing trend, I am merely adhering to the established rules (without expressing any personal sentiment). However, it is inherently risky. Therefore, it is imperative to implement robust risk management strategies during such high-risk trades that are significantly influencing the market. Additionally, please exercise caution regarding option buying. The low volatility environment is concerning, but it is anticipated to normalize as the downtrend progresses. Fellow Traders, The creation of this valuable analytical resource has required countless hours of dedication and effort. If you find it useful, I humbly request your support by boosting the idea and following me (updates will be provided via this post, new posts, and through minds). Your comments and thoughts on this idea are highly valued, and I am committed to engaging with each one personally. Thank you for investing your time in reading this article. Wishing you profitable and fulfilling trading endeavors! Disclaimer: Before concluding, I must emphasize that the insights shared are based on my analysis. It is crucial for you to conduct your own research and, if necessary, consult with a financial advisor before making any trading decisions. The dynamic nature of financial markets necessitates that your strategies align with your financial objectives and risk tolerance.
NSE:NIFTYShort
by WDG_Dinesh_Gengarajan
Nifty Closes 1000 Points Higher – Will It Catch Up with BNFIn a strong move, Nifty 50 surged by 1000 points to close at 23,851, compared to last week’s close. The index made a weekly high of 23,872 and a low of 23,207. As highlighted in last week's analysis, a breakout above 23,400 could push Nifty toward 23,900 — a target it missed by just 23 points. However, an intriguing divergence has emerged between Nifty and Bank Nifty. While Bank Nifty has scaled a new all-time high, Nifty still trades significantly below its previous all-time high of 26,277. This sets the stage for an interesting dynamic: Will Nifty rally to close the gap, or will Bank Nifty face a correction? What to Expect Next Week? For the upcoming week, Nifty is expected to trade in a range between 23,200 and 24,414. Despite the bullish signals on the daily and weekly timeframes, the monthly chart remains weak, indicating that volatility is likely to persist until a broader trend confirmation. S&P 500 Outlook: Bounce or Breakdown? The S&P 500 index saw a mild pullback, closing around 80 points lower from the previous week’s close of 5,363. Our “sell on rise” strategy mentioned last week worked well, as the index dipped post-rally. Now, things get technically interesting. On the weekly chart, the S&P 500 is forming a potential bullish W pattern and an inside bar. A breakout above the previous week's high of 5,481 could trigger upward targets of 5,551, 5,637, and 5,679. However, on the downside, a break below 5,115 would reintroduce bearish pressure, which could have negative ripple effects across global markets. Key Market Takeaways: Nifty 50: Strong rally, but still below ATH. Watch 23,200–24,414 range next week. Bank Nifty: At ATH, diverging from Nifty – crucial to monitor. S&P 500: At a technical crossroads – potential for breakout or breakdown
NSE:NIFTY
by ssudhirsharma11
Nifty Futures Daily Trend analysis for April 17, 2025As mentioned in my post yesterday (April 15, 2025), we have been eyeing the Nifty Futures resistance level at 23,460. Today, the price is approaching this level. Our Masters Cycle has confirmed a buy signal today, with a stop-loss set at 21,859. Now, how should we approach intraday trading for tomorrow (April 17, 2025)? As highlighted in yesterday’s update, our Future Candle Reversal Projection indicator has signaled a reversal day for April 17. Additionally, the Dynamic Candle Reversal indicator (note the small blue line plotted today) has confirmed an intraday bearish setup for tomorrow. Considering these signals, we will focus on intraday shorting opportunities for April 17. However, for positional trades, we continue to maintain a bullish bias. Disclaimer: The views shared here reflect my personal analysis and are intended for educational purposes only. Market conditions may differ in real-time. If you are a trader, please conduct your own research and analysis before making any trading decisions. Always ensure that you trade with a proper Stop-Loss in place.
NSE:NIFTY1!Short
by Mastersinnifty
Nifty’s Make-or-Break Zone: Will Bulls Charge or Bears Bite?www.tradingview.com --- ### 🧠 **1. Context at-a-glance** - Recent bounce from a **Demand Zone (D1 Key Level)** around **21,800**. - Strong bullish rally into a **Supply Zone (~22,600–22,750)**. - Price is currently showing **hesitation within this resistance**, with smaller-bodied candles forming → potential reversal signals. - The oscillator has **crossed bullish** from oversold but is nearing a decision zone. --- ### 🔮 **Future Move Scenarios** #### 🟥 SCENARIO A: **Rejection from Supply Zone** (Most Likely Short-Term) - **Why?** Price has hit a resistance with fading momentum and no breakout confirmation. - **What happens?** - Price retraces toward **22,200**, potentially even **21,800–21,900**. - Retest of BOS level possible before the next directional leg. - **Watch for:** Bearish candle formations (engulfing / long wicks), oscillator stalling below 50. --- #### 🟩 SCENARIO B: **Bullish Breakout Above 22,750** - **What confirms it?** - A strong bullish candle closing above 22,750 with follow-through. - **Next Targets:** - 🔼 **23,000** (round level and minor resistance) - 🔼 **23,300–23,500** (old supply zone) - Eventually back to **23,750+** - **Oscillator support:** If the indicator crosses 50+, bullish momentum could sustain. --- ### 📉 Oscillator Hints: - Still below 50 — **recovery in progress**, not full momentum yet. - If price rejects and oscillator drops → **Bearish divergence** possibility. --- ### 🧭 **Your Playbook** | Zone | Action Idea | Trigger to Watch | |------------------|-------------------------------|----------------------------------| | 22,600–22,750 | Short / Hedge | Rejection candle, loss of momentum | | 22,200–22,300 | Potential buy zone (aggressive) | Bullish candle or bounce confirmation | | Break > 22,750 | Buy on Retest or Momentum | Breakout candle + volume | | < 21,800 | Bearish continuation | Break of demand zone + close below | ---
NSE:NIFTY
by Stox_Ware
NIFTY : Trading Levels and Plan for 31-Mar-2025📌 NIFTY Trading Plan – 31-Mar-2025 📊 Market Overview: Nifty closed at 23,495, showing mixed sentiment near the Opening Support Zone (23,401 – 23,465). The market is at a crucial juncture, with potential bullish momentum above resistance levels, while breakdowns below key supports may trigger selling pressure. This plan will help you react strategically to different opening scenarios, ensuring a favorable risk-reward ratio. 🔼 Scenario 1: Gap-Up Opening (100+ points above 23,600) A gap-up above 23,600 signals bullish momentum, but for sustained upside, Nifty must stay above 23,642 – 23,842. Watch for rejection at resistance zones, as profit booking can lead to reversals. ✅ Plan of Action: If Nifty sustains above 23,772, expect a move towards the next resistance at 23,925 – 23,990. A breakout above 23,990 could open doors for 24,050+. If price faces rejection at 23,842, a pullback towards 23,642 → 23,495 is possible. If it breaks below 23,495, expect further downside. Avoid aggressive longs inside 23,642 – 23,842, as this is a potential reversal zone. Wait for a decisive breakout or rejection confirmation. 🎯 Pro Tip: If the gap-up is filled within the first 15-30 minutes, it suggests weak buying pressure and increases the probability of a reversal. ⚖ Scenario 2: Flat Opening (Within ±100 points, around 23,500) A flat opening near 23,495 indicates indecision. The market will take direction after the first few candles, so breakouts or breakdowns from key levels should be closely monitored. ✅ Plan of Action: Upside case: If Nifty breaks and sustains above 23,642, it may head towards 23,772 → 23,925. Monitor price action near these resistance levels before entering fresh longs. Downside case: If Nifty breaks below 23,495, it could test 23,336 → 23,164. A breakdown below 23,164 will shift the trend bearish. Avoid trading inside the No Trade Zone (23,495 – 23,642), as price could consolidate before a breakout. 🎯 Pro Tip: In a flat opening, wait for a clear 15-minute candle close above or below key levels before entering trades. 🔽 Scenario 3: Gap-Down Opening (100+ points below 23,400) A gap-down below 23,400 may indicate fresh selling pressure, making it crucial to observe whether buyers step in at support zones. ✅ Plan of Action: If price sustains below 23,400, expect a decline towards 23,336 → 23,164. A breakdown below 23,164 could lead to a sharp fall towards 23,100. If price finds support at 23,164 and rebounds, it may recover towards 23,336 → 23,495. A strong close above 23,495 will shift momentum back to the bulls. Be cautious of bear traps – If the market gaps down but quickly recovers, it could trigger short covering, leading to a strong upside reversal. 🎯 Pro Tip: If the gap-down occurs near a strong buyer’s support zone, wait for a bullish price action confirmation before entering long trades. ⚠️ Risk Management Tips for Options Traders 🔹 Avoid over-leveraging – Use proper position sizing to manage risk. 🔹 Theta Decay Awareness – If the market consolidates, option premiums will erode rapidly. 🔹 Use Spreads for Protection – Instead of naked options, use spreads to limit risk and improve probability. 🔹 Trade at Key Levels – Avoid impulsive trades; focus on defined support and resistance zones. 📌 Summary & Conclusion 📍 Key Levels to Watch: 🟥 Resistance: 23,772 → 23,925 → 23,990 🟧 No Trade Zone: 23,495 – 23,642 🟩 Support: 23,336 → 23,164 → 23,100 🔸 Bullish Bias: Above 23,642, targeting 23,772 – 23,925 🔸 Bearish Bias: Below 23,400, expecting a fall towards 23,336 – 23,164 🔸 Neutral/Choppy: Inside 23,495 – 23,642, avoid unnecessary trades 🎯 Final Advice: Stick to the structured trading plan and execute only at key levels. Avoid emotional trading—wait for confirmation before entering trades. The first 15-30 minutes after market open will provide better clarity—observe price action before committing to a trade. 📢 Disclaimer I am not a SEBI-registered analyst. This trading plan is for educational purposes only. Please conduct your own research or consult a financial advisor before making any trades.
NSE:NIFTYShort
by LiveTradingBox
NIFTY--@Manipulation??Nifty index is broken the trendline strongly... Before going to break price a strong consolidation is given with a lot of liquidity lies below it... @22400 levels now price is exactly at the zone of resistance. the resistance zone is lies at 24000-24300, after a strong movement to upside price is still not given any retracement... Case1:: I am expecting either a strong retracement towards trendline. the retracement should be in the form of correction with slower one. Corrective pullback:: Case2:: After the liquidity above the 24000 and 24300, price has to give some retracement.. If we buy here it will completely becomes a manipulation.... Buying above the resistance zone is also a manipulation on topside... If price breaks the resistance zone, then will wait for a correction towards the trendline areas. Note:: So in order to buy the breakout of trendline the stoploss placement is very large...so with large stoploss will never go for buying... the 2 possible buying areas are 1.breakout candle at the trendline 2.after the liquidity grab below the strong consolidation zone( before breakout of trendline.) we have manipulation on both sides....if we go for long price will make an attempt of retracement as lot of liquidity lies below. Better to look for short above the resistance zone(topside liquidity).If no retracement now.
NSE:NIFTY
by IIT-Trader
2
NIFTY : Trading Levels and Plan for 28-Mar-2025📌 NIFTY Trading Plan – 28-Mar-2025 📊 Market Overview: Nifty closed at 23,601, consolidating within a No Trade Zone after a strong uptrend. The market is at a critical juncture, and the price action at key levels will determine the next directional move. This plan provides clear trade setups for different opening scenarios and helps you navigate market volatility with a structured approach. 🔼 Scenario 1: Gap-Up Opening (100+ points above 23,700) A gap-up opening above 23,700 will push Nifty closer to the Last Intraday Resistance Zone (23,772). The key factor will be whether Nifty sustains above resistance or faces rejection. ✅ Plan of Action: If Nifty sustains above 23,772, it can move towards the next resistance at 23,931. A breakout above 23,931 could trigger a rally towards 24,000+, but watch for profit booking at higher levels. If price faces rejection at 23,772 and reverses, expect a pullback towards 23,650 → 23,600. A strong rejection here could lead to an intraday sell-off. Avoid fresh longs inside 23,700 – 23,772, as this area may act as a profit-booking zone. Wait for confirmation before taking trades. 🎯 Pro Tip: If the gap-up is quickly filled within the first 15 minutes, it signals weak buying strength and increases the probability of an intraday correction. ⚖ Scenario 2: Flat Opening (Within ±100 points, around 23,600) A flat opening suggests indecision among traders, and the market will likely take direction after the first few candles. The best strategy is to trade breakouts or breakdowns from key levels. ✅ Plan of Action: Upside case: If Nifty breaks and sustains above 23,650, it may head towards 23,700 → 23,772. Observe the price action near resistance before taking fresh longs. Downside case: If Nifty breaks below 23,520, it could test 23,450 → 23,300. A breakdown below 23,300 will turn the trend bearish. Sideways caution: If Nifty remains inside the No Trade Zone (23,451 – 23,642), avoid taking trades as volatility could trap both buyers and sellers. 🎯 Pro Tip: In a flat opening scenario, wait for a clear 15-minute candle close above or below key levels before entering trades. 🔽 Scenario 3: Gap-Down Opening (100+ points below 23,500) A gap-down below 23,500 could indicate profit booking or fresh selling pressure. The critical factor will be whether buyers defend key support zones. ✅ Plan of Action: If price sustains below 23,500, expect a decline towards 23,300. A breakdown below 23,300 may accelerate selling towards the Buyer’s Support Zone (23,136 – 23,300). If price finds support at 23,300 and rebounds, it may attempt a recovery towards 23,450 → 23,520. A strong close above 23,520 could shift momentum back to the bulls. Be cautious of bear traps – If the market gaps down but quickly recovers, it could trigger short covering, leading to an upside reversal. 🎯 Pro Tip: If the gap-down occurs near a strong buyer’s support zone, wait for a bullish price action confirmation before entering long trades. ⚠️ Risk Management Tips for Options Traders 🔹 Avoid over-leveraging – Use proper position sizing to manage risk. 🔹 Theta Decay Awareness – If the market consolidates, option premiums will erode rapidly. 🔹 Use Spreads for Protection – Instead of naked options, use spreads to limit risk and improve probability. 🔹 Trade at Key Levels – Avoid impulsive trades; focus on defined support and resistance zones. 📌 Summary & Conclusion 📍 Key Levels to Watch: 🟥 Resistance: 23,772 → 23,931 → 24,000 🟧 No Trade Zone: 23,451 – 23,642 🟩 Support: 23,520 → 23,300 → 23,136 🔸 Bullish Bias: Above 23,772, targeting 23,931 – 24,000 🔸 Bearish Bias: Below 23,500, expecting a fall towards 23,300 – 23,136 🔸 Neutral/Choppy: Inside 23,451 – 23,642, avoid unnecessary trades 🎯 Final Advice: Stick to the structured trading plan and execute only at key levels. Avoid emotional trading—wait for confirmation before entering trades. The first 15-30 minutes after market open will provide better clarity—observe price action before committing to a trade. 📢 Disclaimer I am not a SEBI-registered analyst. This trading plan is for educational purposes only. Please conduct your own research or consult a financial advisor before making any trades.
NSE:NIFTYLong
by LiveTradingBox
NIFTY : Levels and Plan for 27-Mar-2025📊 Market Context: NIFTY closed at 23,464.30, experiencing a minor pullback after a previous uptrend. The index is currently at a crucial support zone, where price action will determine the next movement. Let’s analyze the plan for different opening scenarios and structure our trades accordingly. 🔼 Scenario 1: Gap-Up Opening (100+ points above 23,590) A gap-up above 23,590 will place NIFTY near its Opening Resistance. This level is important because it has previously acted as a supply zone, and bulls need strong momentum to sustain above it. ✅ Plan of Action: If price sustains above 23,590, we can expect a bullish move towards the Last Intraday Resistance at 23,660. A breakout above this level may extend gains to 23,780+. If price gets rejected from 23,590 and starts reversing, look for a shorting opportunity, targeting 23,501 → 23,464. Avoid aggressive long trades inside the 23,590 – 23,660 zone unless there is a clear breakout with volume. 🎯 Pro Tip: If the gap-up is weak and fills within 15 minutes, it indicates profit booking, leading to a possible retracement. ⚖ Scenario 2: Flat Opening (Within ±100 points, around 23,464) A flat opening suggests market indecision, requiring confirmation before entering a trade. ✅ Plan of Action: Upside case: If NIFTY breaks above 23,501, it can move towards 23,590. Observe price action at this level before deciding on further longs. Downside case: If NIFTY breaks below 23,464, expect a decline towards the Opening Support Zone (23,501 – 23,477). A breakdown below 23,477 could trigger a deeper fall to 23,297. Neutral Zone: If the index trades between 23,464 – 23,501, it indicates a choppy market. Avoid unnecessary trades here. 🎯 Pro Tip: A flat opening often leads to fake breakouts in the first 15 minutes. Wait for a strong candle close before entering a position. 🔽 Scenario 3: Gap-Down Opening (100+ points below 23,350) A gap-down below 23,350 will put NIFTY near its Last Intraday Support Zone (23,297 – 23,343). If this level fails, further downside is possible. ✅ Plan of Action: If price sustains below 23,350, expect a test of 23,297. A breakdown here could lead to heavy selling towards 23,182 – 23,100 levels. If price rebounds from 23,297, it could trigger a pullback towards 23,464. Watch price action at 23,464 – 23,501 for signs of rejection or continuation. Be cautious of bear traps—if price quickly reverses after a sharp gap-down, it might indicate a short-covering rally. 🎯 Pro Tip: In a gap-down scenario, avoid panic selling. Watch for reversals from key support levels before initiating fresh shorts. ⚠️ Risk Management Tips for Options Traders 🔹 Avoid over-leveraging – Keep your position sizing disciplined to minimize potential losses. 🔹 Theta Decay Awareness – If the market consolidates, option premiums will erode quickly. 🔹 Hedge Your Trades – Use spreads instead of naked options to reduce risk. 🔹 Wait for Confirmation – Enter trades only after a breakout/breakdown is retested with volume. 📌 Summary & Conclusion 📍 Key Levels to Watch: 🟥 Resistance: 23,590 → 23,660 → 23,780 🟧 No Trade Zone: 23,501 – 23,464 🟩 Support: 23,501 → 23,297 → 23,182 🔸 Bullish Bias: Above 23,590, targeting 23,660 – 23,780 🔸 Bearish Bias: Below 23,350, expecting a fall towards 23,297 – 23,182 🔸 Neutral/Sideways: If price remains between 23,501 – 23,464, avoid unnecessary trades. 🎯 Final Advice: Stick to the plan and trade only at key levels. Avoid trading inside No Trade Zones. Let the market settle for 15-30 minutes before making big moves. 📢 Disclaimer I am not a SEBI-registered analyst. This trading plan is for educational purposes only. Please conduct your research or consult a financial advisor before trading.
NSE:NIFTY
by LiveTradingBox
Nifty Review & Analysis - DailyNifty opened Gap up +90 points and soon saw profit booking, again found buying and made high of 23870 and saw sell off to 23650 levsl to close flat at 22368. Price Action : - Bullish Nifty closed Flat with some profit booking at highs. Candle Pattern: - Bullish Formed a Bearish candle, shpuld see tomorro’s candle for further direction. Daily EMA Positioning: Bullish 10dEMA 23105 20dEMA 22926 50dEMA 23036 200dEMA 23402 EMA Trend: Closed above 10dEma ,20dEma, 50DEMA and 200DEMA, Daily MA suggests Buy Hourly suggests Strong Buy 15mins Suggests Strong Buy The momentum indicator, RSI - Relative Strength Index is above 60 now at 71.65 - Just Over Bought Momentum gaining towards Upside Support/Resistance Levels: Major Support 23300-200 Immediate Support 22500 Immediate Resistance 22700 Major Resistance 23800, 24000 Trend: Short Term Trend is Sideways Consolidation Daily Options Activity: Highest CE OI was at 24000 also saw OI addition at 24000. 23800, 23700 - Resistance Highest PE OI was at 23500, with no major PE addition PCR is 1 indicating indecisiveness Daily Futures Activity FII + Pro F&O Data: FII Long/Short ratio at 33%/67% indicating addition of Longs by FIIs - Bullish Change in Futures OI: FII Future positions saw little addition in longs +2K with shorts unchanged -Bullish Nifty Futures price was flat with 3% OI Addition indicating Long Additions Observation: Nifty looks strong above 23500, saw profit booking at 23870. Might consolidate above 23500-600 for further move Overall Trend: Sentiment is Positive Sideways Outlook for Next Session: Nifty looks strong around 23600, might consolidate above 23550 before another upmove to 24000 Approach & Strategy: Long around 23500-600 in April contract, with 23300 as SL My Trades & Positions: Long in 23600CE April contract
NSE:NIFTY
by Sandeep_CA
NIFTY READY FOR CORRECTION: BOOK PROFITSCRIPT: NIFTY CURRENT CONTINIOUS FUTURS Timeframe: Daily Important Support and Resistance Zones: Resistance Zone: 23,170 - 23,240 = 70 points (supply zone) Support Zone: 22,910 - 22,825 = 85 points (Demand Zone) Today's High: 23,232.60 RSI: 59.08 As per past data, we can observe, price has corrected from mentioned supply zone and importantly when RSI has reached 60 mark on daily timeframe. Here, there are several factors joining hands to correct Nifty in coming days. 1) Nifty reaching its supply zone 2) RSI near to mark 60 3) Past 4 days Nifty is rising continuous Takeaway: Yesterday's Close: 22972.95 Today's Close: 23,191.00 Difference: 259.65 Half the Difference: (259.65/2 = 109.025) Subtracting from Today's Close: 23191.00 - 109.025 = 23081.975 Now, If price crosses this level in coming days, we can expect further fall in Nifty. Target Condition: Price must cross 23,081 level in coming couple of days. If so, Target Price: We will see further correction in Nifty till our Support Zone which is at 22,910.00 - 22,825.00 Expected Time: Approximately 7 to 12 Days from today.
NSE:NIFTY1!Short
by sharescomplex
4
Nifty Review & Analysis - Daily Nifty opened Gap up +150 points again following Global Cues and saw surge throughout the day making a high of 23708 and closing at 23658 (+1.5%). Price Action : - Bullish Nifty closed 1.5% in positive. Consequtive 6 days green candle and closing above 10,20,50 nad 200 dEMA Candle Pattern: - Bullish Formed a Big Green candle with a small wick on upside. Daily EMA Positioning: Bullish 10dEMA 22979 20dEMA 22848 50dEMA 23036 200dEMA 23399 EMA Trend: Closed above 10dEma ,20dEma, 50DEMA and 200DEMA, Daily MA suggests Strong Buy Hourly suggests Strong Buy 15mins Suggests Strong Buy The momentum indicator, RSI - Relative Strength Index is above 60 now at 71.5 - Just Over Bought Momentum gaining towards Upside Support/Resistance Levels: Major Support 23300-500 Immediate Support 22600 Immediate Resistance 22750 Major Resistance 24000 Trend: Short Term Trend is Bullish Daily Options Activity: Highest CE OI was at 24000 also saw some unwinding with huge Unwinding at 23600-500 highest - Support Highest PE OI was at 23300, highest Put addition seen at 23500 followed by 23600 - support PCR is 1.2 indicating Bullishness Daily Futures Activity FII + Pro F&O Data: FII Long/Short ratio at 32.5%/67.5% indicating addition of Longs by FIIs - Bullish Change in Futures OI: FII Future positions saw littl3 addition in longs +2K with shorts unchanged -Bullish Nifty Futures price was higher by 01.5% and 12.5 %OI Increase indicating Long Additions Observation: Nifty looks strong above 23550 forming daily positive green candles, closing above 10,20,50, 200dEMA and RSI just in overbought zone Overall Trend: Sentiment is very Positive Outlook for Next Session: Nifty looks strong around 23600, might consolidate above 23550 before another upmove to 24000 Approach & Strategy: Long with 22850 as SL in April contract, continue with SL 23500 My Trades & Positions: Long in 23200CE April, closed and moved to 23600CE April
NSE:NIFTYLong
by Sandeep_CA