Get started
Nifty 50 IndexNifty 50 IndexNifty 50 Index

Nifty 50 Index

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Components Options

NIFTY trade ideas

NIFTY S/R for 16/1/25Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:NIFTY
by zenthosh
Nifty Review & Analysis - DailyPrice Action : Nifty saw traded whole day in range of 150 points like previous day. Can saw side ways or consolidation. Take away is closed in positive. Technicals: Nifty traded whole day in a narrow band of 150 points with volumes less than average. The index formed a doji ( meaning indecisiveness )trading below the 10, 20, 50, and 200-day EMAs. The momentum indicators, RSI (Relative Strength Index at 36), and MACD (Moving Average Convergence Divergence) remains below the zero line, indicating weakness still persists. Support/Resistance Major Support 23000 Immediate Support 23150 Immediate Resistance 23300 Major Resistance 23450 Trend: Nifty in sideways to bearish Options Data: Weekly Options data suggests huge Call build up at 23300 levels suggesting major Resistance 22200 levels saw little Put Writing suggesting small Support. PCR improved to 0.8 Futures Data: FII Long/Short ratio came down to 17% Nifty Futures saw little increase with small increase in Open Interest suggesting Long addition Outlook for Next Session: Nifty might consolidate while stocks perform based on results. Approch: No Trade till 23350 or 23100 convinsingly taken out. Wait for today’s Low or High to break for further direction My Trades & Positions: no positions
NSE:NIFTY
by Sandeep_CA
23K has emerged as a good support zone for Nifty. As of now the 2 day's positive closing has given hopes of 23K levels being a good support zone. However there are 4 major hurdles in the path of Nifty before it can move ahead with full force. Reliance result tomorrow can be of some help to Nifty if at all it is positive. On the other hand if Reliance result is negative it can be a major hurdle looking at the weightage of the script in the index. US Inflation data to be announced later tonight can also give a direction to the markets all over. FII selling pressure can diminish if Dollar falls and Rupee starts making a steady gain. After making a high of 86.69 2 days back USD is currently at 86.34 declining a bit which has increased optimism in the mood of market. Market Mood index is at 33.25 and has recovered from Extreme fear zone and has entered the fear zone. Supports for Nifty remain at: 23053, 22663 and 22376 levels. Below 22376 Bears can drag Nifty further down by another 400 to 1000 points. Resistances for Nifty remain at: 23283, 23397 (Mother line resistance), 23598, 23803 (Father line resistance), 24198 and finally 24802 levels. Bulls can be back in the game truly after closing above 24802 level only. 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. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. I or my clients might have positions in the stocks that we mention in our posts. We will not be responsible for any Profit or loss that may occur due to any financial decision
NSE:NIFTY
by Happy_Candles_Investment
ShortI am currently reassessing my targets for the Nifty. If the level of 23,080 is breached and the index closes below this support, I will adjust my target to around 20,200, as this would indicate a more significant market correction is underway. This level aligns with the 50% Fibonacci retracement of the recent rally, which further strengthens the case for this correction. In my view, this level is not only plausible but inevitable, given the current market dynamics. The broader market is signaling a potential major top, which suggests that the risk of further downside is increasing. In this environment, simply averaging into the market can be highly risky, as it may expose investors to larger losses if the market continues to decline. Instead, I recommend adopting a more strategic approach to portfolio construction, focusing on calculated risks. This means selectively building positions based on strong, risk-adjusted opportunities rather than committing large capital indiscriminately. It’s essential to have a clear risk management plan in place, especially in volatile conditions like the current market environment.
NSE:NIFTYShort
by Shivkumar600
Nifty Review & Analysis - DailyPrice Action : Nifty saw consolidation not breraking previous day’s low. Technicals: Nifty traded whole day in a narrow band with volumes less than average. The index formed a doji, trading below the 10, 20, 50, and 200-day EMAs. The momentum indicators, RSI (Relative Strength Index at 34), and MACD (Moving Average Convergence Divergence) remains below the zero line, indicating weakness still persists. Support/Resistance Major Support 23000 Immediate Support 23150 Immediate Resistance 23260 Major Resistance 23400 Trend: Nifty in sideways to bearish Options Data: Call addition seen at 23200 and 23000 levels suggesting support and no major Put builduo see suggesting some support and no major resistance at near levels at short term PCR improved to 0.8 from 0.7 suggesting support at low levels Futures Data: FII Long/Short ratio came down to 16% Nifty Futures saw 0.5% rise with addition in Open Interest suggesting Long addition Outlook for Next Session: Nifty might consolidate and try higher levels Approch: wait for today’s high to take out in Nifty to go for higher targets. Wait for today’s Low or High to break for further direction My Trades & Positions: no positions
NSE:NIFTY
by Sandeep_CA
Nifty 50: Bearish Trend with Key Support LevelsOverview of the Chart: The chart represents the daily candlestick pattern for the Nifty 50 index, combined with the following indicators and tools: ZLMA (Zero Lag Moving Average) for 50 and 100 periods. Fibonacci Retracement Levels drawn from the most recent high to low. RSI (Relative Strength Index) to measure momentum and overbought/oversold conditions. MACD (Moving Average Convergence Divergence) to analyze momentum and trend direction. ZLMA (Zero Lag Moving Averages): 50 ZLMA (Black Line): This represents the short-term trend. The index is currently trading below this moving average, indicating bearish momentum in the short term. 100 ZLMA (Blue Line): This acts as a long-term trend indicator. The index is also below this level, signaling a weakening trend in the medium to long term. The convergence of these two ZLMAs suggests a key resistance zone around the 24,000–24,150 range. Until the price breaks above these levels, the overall bias remains bearish. Fibonacci Retracement Analysis: The Fibonacci retracement levels are drawn between the recent swing high of 26,282.35 and swing low of 21,296.50. Key levels: 23.6% Retracement (25,105.70): This acted as resistance during earlier retracements and failed to hold. 38.2% Retracement (24,377.75): Another resistance level where the price struggled and has recently broken down. 50% Retracement (23,789.40): The index is now below this level, which may act as immediate resistance. 61.8% Retracement (23,201.10): The current level is hovering close to this support. If breached, the next target would be the 78.6% retracement (22,363.45). The inability to reclaim higher Fibonacci levels reinforces the bearish trend. RSI (Relative Strength Index): Current RSI: 35.05, below the neutral level of 50. The RSI is nearing the oversold region (below 30), which might indicate a potential bounce. However, this is not confirmed yet, as momentum remains weak. Previous RSI divergence patterns do not suggest immediate reversal signals. MACD (Moving Average Convergence Divergence): MACD Line (-173.87) is well below the signal line (-235.40), confirming the bearish momentum. The histogram bars remain negative, showing no signs of reversal yet. The MACD's placement suggests that the bearish phase is intact and any uptrend might be corrective. Volume Analysis: The volume appears consistent but does not show any significant spikes. This suggests a lack of strong buyer interest at the current levels. Declining volume during pullbacks indicates weak bullish attempts. Current Levels to Watch: Support Levels: 23,201.10 (61.8% Fibonacci) and 22,363.45 (78.6% Fibonacci). Resistance Levels: 23,789.40 (50% Fibonacci), followed by 24,150 (near the ZLMA 50 and 100). Conclusion: The Nifty 50 index is in a bearish phase, trading below its key moving averages and important Fibonacci levels. The RSI and MACD confirm the negative sentiment. However, the proximity to the 61.8% Fibonacci retracement level and oversold RSI suggests that there might be a short-term bounce, especially if 23,201.10 holds as support. A failure to hold this level would open the doors for a deeper correction towards 22,363.45. Traders should closely watch volume and price action near these support and resistance levels to further confirmation of trend direction. Note: Studies are for educational purposes only. We will not be responsible for any of your Profits & Losses. Please trade with a proper risk management strategy to avoid huge capital loss.
NSE:NIFTY
by teakfinance
#NIFTY Intraday Support and Resistance Levels - 14/01/2025Today nifty will open gap up near the 23200 level. After opening it will face resistance at this level. Small upside rally expected if nifty starts trading above 23200 level this rally can goes upto 23350 level. Expected strong rejection from this level and further downside movement in nifty. After reversal confirmation from this level downside expected target will be upto 23050. Further strong fall in index expected below 23000 level.
NSE:NIFTY
by TradZoo