Nifty levels - May 06, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
NIFTY trade ideas
Still in structure! Yet to break! As we can see despite the strong upmove in first half, it couldn’t close above the given structure hence we can still wait for the proper breakout and sustainment above the given structure for unidirectional move so plan your trades accordingly and keep watching everyone.
NIFTY Analysis for 5th MayIn M15 chart we can see market is bullish as recently candles have created BOS (Break Of Structure). So, we have to find buying opportunity. Now how can we get the long entry? For that we have to wait for a while to make the proper structure of candles.
If the price sweep the IDM (X) (Inducement) level 24197 and form any rejection candle, we can take the entry here or else we have to wait until the market hit the demand zone.
In conclusion, Demand zone entry is much safer than the previous entry.
Nifty ready for correction / pullbackNifty has recently made a higher high on daily chart
After making higher high, now it has made a clear bearish market structure which might lead to a correction to make higher low on daily chart
Possible trade entry and stoploss shown in the chart, adjust according to position of market price tomorrow morning
Nifty Trend directionNifty 23976 has slipped support 24085 . Technical target is at 23514. FII's have 1 lakh PUTS skew than Calls and we believe that could be a reason for Nifty traded down to offset the skew.
Above 24045 could be considered for short entry
Call PUT
8-May 2.43L 2.79L
07 May -7,304 -18,548
6-May 40,525 90,159
05 May -77,244 -1.22L
2-May -1.2L -52,037
Net 78,977 176,574
Nifty Market view and trade plan * I explain weekly chart, in explanation I explained from last four months but actually it was from last four weeks.
So Nifty price action shows - Slight down to consolidation bias
Market has trapped lower low formation so 23500/23600 will act as strong demand zone
Major constituent of Nifty
1. Finnifty - Consolidatiing after hitting all time high so, down to sideways for short term ( one to four week)
2. Nifty IT - Slight down and consolidation
3. Nifty oil and Gas - Down this previous demand zone of 10750
4. Nifty Auto - Follows almost Nifty and Nifty oil and gas structure so down to side ways
5. Nifty FMCG - At the bottom of consolidation so down chance are high
Over all sideways to down bias
Nifty levels - May 12, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
Nifty levels - May 09, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
Surgical strike on Nifty call sellers at 24800-900Market Update: Nifty Outlook
Today, amid news of an Indian Army operation, Nifty opened with a significant gap down but swiftly recovered, showing strong upward momentum.
Currently, the chart structure indicates the need for a higher low to set the stage for the next leg of the uptrend towards the 24,800–24,900 zone. A flat opening in the next session could provide the ideal setup for a strong rally.
Notably, a sustained move above 24,500 could trigger a "surgical strike" on call sellers positioned at the 24,800–24,900 levels, potentially leading to sharp short-covering.
We recommend closely tracking price behavior near key support areas for confirmation of the next move.
Very Strong performance by Nifty to close in Positive todayDespite the fear of escalation of tensions at Indo-Pak border and Indian carrying out Operation Sindoor Nifty closed in Green today. This signifies the strength of Indian market, India as an Economy and India as a country. Very few would have imagined that Indian markets will close in Green today when the market begun early morning. The situation still remains fluid/dynamic and explosive. so still investors should keep stop losses and trailing stop losses in place.
Supports for Nifty remain at: 24315 (Strong Mother line for hourly chart), 24202, 24083, 23944 and 23754 (Strong Father Line support). Below 23754 Bears can take control of the market and drag it towards 23K.
Resistances For Nifty remain at: 24430, 24528, 24616 and 24863. Closing above 24863 can empower Bulls in a big way to Pull Index towards 25K+ levels.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
Nifty levels - May 08, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
Sustaining above the NECKLINE!! As we can see NIFTY is sustaining itself above the neckline of inverted head and shoulders pattern which make it in a very diabolical place as any closing below the neckline could lead to massive fall but continuous sustainment above the given neckline could show further upmove so plan your trades accordingly and keep watching everyone.
No BREAKDOWN! Yet to decide the trend! As we can see despite the break it managed to close inside the structure and hence still the indecision remains in view as till it sustains either side of the structure, no directional move can be expected but gaps can be created due to war like situation leading to sluggishness in the market so plan your trades accordingly and keep watching
Will BEARISHNESS CONTINUE..?As we can see NIFTY couldn’t sustain itself above the neckline and fell below leading to a directional downtrend throughout the day as we analysed in our previous post! Now that NIFTY is maintaining itself below the given zone, it is likely to remain bearish unless it manages to close above the neckline so plan your trades accordingly.
Nifty levels - May 05, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
Nifty 50 technical analysis of the day Chart Observation:
Price recently swept Buy-side Liquidity (BSL) near 24,320–24,350 zone.
After the liquidity grab, a sharp rejection confirms institutional sell-side activity.
Market structure is turning bearish as price breaks below minor support near 24,250.
Key SMC Levels:
BSL zone (Trap Zone): 24,320–24,350 (Liquidity grab completed)
Break of Structure (BoS): Below 24,250 confirms bearish bias.
Next Target - Sell-side Liquidity (SSL): 24,100 then 23,950–23,900 zone.
Fair Value Gap (FVG): 24,270–24,300 (can be retested as resistance)
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Trade Setup:
Entry: On pullback to 24,270–24,300 (FVG / bearish OB zone)
Stop Loss: Above 24,360 (above liquidity sweep)
Target 1: 24,100 (nearest SSL)
Target 2: 23,950–23,900 (deeper SSL zone)
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SMC Logic: After sweeping liquidity from buy-side traders, Smart Money is likely shifting to the sell-side to trap late buyers. The impulsive bearish candle confirms order flow shift.
Bias: Bearish
Strategy: Sell the pullback into premium zone
#NIFTY Intraday Support and Resistance Levels - 30/04/2025Gap up opening expected in nifty near 24450 level. Currently nifty consolidating in the range of 24250-24500 level. After opening if nifty starts trading and sustain above 24500 level then possible strong upside rally towards the 24750+ level in today's session. 24250 level will act as a strong support for today's session. Any major downside only expected if nifty starts trading below 24200 level. This downside can goes upto 24000 level.