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 : Trading levels and Plan for 30-Dec-2024Trading Plan for Nifty - 30-Dec-2024 Intro: Review of Previous Plan (27-Dec-2024) In the previous trading plan, we highlighted key zones, including the No Trade Zone (23,761–23,830) , the Last Intraday Resistance (24,010–24,058) , and the Buyer’s Support at 23,427 . As evident in the uploaded chart, Nifty traded within the highlighted zones, respecting the identified levels. The sideways momentum (Yellow trend) continued for most of the session, and an intraday attempt to breach the resistance zone was met with selling pressure, resulting in a close near the No Trade Zone. Key Color Codes in the Plan: Yellow Trend: Sideways Green Trend: Bullish Red Trend: Bearish Trading Plan for 30-Dec-2024: Scenario 1: Gap-Up Opening (100+ points above 23,930) If Nifty opens above 23,930 , the market will be entering a bullish momentum zone. Look for a retest of the 24,010–24,058 resistance zone. If the resistance is broken and sustained (hourly close above 24,058), initiate a long position targeting the retracement profit-booking resistance at 24,310 . Place a stop-loss below the breakout level at 23,980 . If the resistance holds, wait for rejection signals (red bearish candles) to initiate a short trade with a target of 23,761 . Scenario 2: Flat Opening (23,800–23,850) A flat opening indicates consolidation within the No Trade Zone (23,761–23,830) . Avoid aggressive entries until Nifty decisively breaks out of the zone. A breakout above 23,830 may signal a bullish move toward 24,010 . Look for confirmation with volume before entering a long trade . On the downside, a breakdown below 23,761 could push Nifty toward 23,636 , the Last Intraday Support. In this case, initiate a short position with a stop-loss above 23,800 . Scenario 3: Gap-Down Opening (100+ points below 23,730) A gap-down opening below 23,730 signals bearish momentum. Observe if the price approaches the Buyer’s Support at 23,427 . If the support holds, watch for reversal patterns (e.g., hammer or bullish engulfing) to initiate a long position targeting 23,761 . A breakdown below 23,427 could extend the bearish trend to 23,300 or lower. Initiate a short trade if the breakdown is confirmed with a stop-loss above 23,500 . Risk Management Tips for Options Trading: Use defined risk strategies such as debit spreads to limit potential losses. Avoid holding positions close to expiry to reduce time decay impact. Trade with 1–2% of your total capital per trade to manage exposure. Be cautious of high IV (Implied Volatility) spikes during gap openings. Summary and Conclusion: The plan emphasizes trading with confirmation signals and respecting highlighted zones. Stay disciplined in the No Trade Zone to avoid unnecessary risks. Follow the breakout and breakdown scenarios with defined stop-loss levels to maintain a favorable risk-reward ratio. Disclaimer: I am not a SEBI-registered analyst. All views are for educational purposes only. Traders are advised to do their analysis or consult with a financial advisor before making trading decisions.
NSE:NIFTYLong
by LiveTradingBox
#NIFTY50 TRADE SETUP - 30TH DECEMBER !!Nifty 50 Chart Analysis - 1 day Chart VieW NSE:NIFTY Nifty 50 Chart Analysis - Detailed Breakdown Key Observations: 1. Current Price Zone: The Nifty index is trading at 23,832, with the price consolidating near recent lows. 2. Key Resistance Zones: - 24,197.50: A significant resistance level, aligning with prior price rejections and a potential reversal area. - 24,069.95: Intermediate resistance that needs to be cleared for bullish continuation. 3. Key Support Zones: - 23,586.25: A strong support zone where buyers might step in, preventing further downside. - 23,262.15: A deeper support level, marking the lower boundary of the recent bearish structure. 4. Market Sentiment: The price action indicates uncertainty, with equal probabilities of breakout above the resistance or breakdown below support. Price Movement Summary: - Upside Potential: A breakout above 24,197.50 could push the index towards 24,300+ levels. Thiszone has been highlighted in the chart as a bullish target area (marked in red box). - Downside Risk: If the index breaks below 23,586.25, it could test 23,262.15 or lower, as depictedin the bearish target zone. Trading Plan: 1. Bullish Plan: - Entry: Above 24,069.95. - Target 1: 24,197.50. - Target 2: 24,300+. - Stop-Loss: Below 23,961.55 (current pivot zone). 2. Bearish Plan: - Entry: Below 23,586.25. - Target 1: 23,536.60. - Target 2: 23,262.15. - Stop-Loss: Above 23,832.45. Summary: - Nifty is at a critical juncture, with immediate resistance at 24,069.95 and support at 23,586.25. - Traders should wait for confirmation (breakout or breakdown) before initiating positions. - Risk management is crucial as the index approaches year-end volatility. Disclaimer: This content is for educational purposes only. It is not a recommendation to buy or sell any financial instrument.The creator is not a SE-BI-registered advisor. Please consult with a certified professional before making investment decisions.
NSE:NIFTYLong
by thetradeforecast
1
Elliott Wave Analysis: Wave 5 Target in Sight for Nifty 50Elliott Wave Structure and Current Market Context: The Nifty 50 daily chart shows a textbook Elliott Wave corrective pattern, currently in the final leg (Wave 5) of a downward move. Here's how the waves are structured: Wave 1: Initiated the bearish trend with a significant drop. Wave 2: A corrective bounce, retracing to the 0.618 Fibonacci level, which is typical in Elliott Wave corrections. Wave 3: The strongest and most impulsive leg of the move, extending below Wave 1, with high momentum and volume. Wave 4: A countertrend rally to the 0.382 Fibonacci retracement, indicating a weakening bullish momentum. Wave 5: The ongoing move, which is expected to extend downward and complete the cycle near key support levels. Technical Insights: Bearish Flag in Wave 5: The consolidation visible on the chart during Wave 5 resembles a bearish flag, a continuation pattern that usually precedes another downward move. A breakdown below the 23,750 level would confirm the flag's bearish potential, paving the way for further declines. Fibonacci Levels and Targets: Wave 5 often aligns with the 1.618 Fibonacci extension of Wave 3, placing the primary target around 23,300–23,250. This area also coincides with horizontal support from previous price action, adding confluence to the target zone. In case of stronger bearish momentum, an extended Wave 5 could push prices toward 23,000, which serves as a psychological support level. Wave Invalidation Levels: For the bearish scenario to remain valid, prices must stay below 24,500. A sustained move above this level would signal the start of a new bullish trend or a more complex corrective structure, invalidating Wave 5. Refined Trade Plan: Bearish Scenario (High Probability): Entry: Enter short positions on a confirmed breakdown below 23,750, with increased selling volume and momentum. Stop-Loss: Place stops above 24,000, ensuring protection against false breakdowns. Targets: Target 1: 23,300, the expected end of Wave 5. Target 2: 23,000, in case of extended bearish momentum. Bullish Reversal Scenario (Low Probability): If prices break above 24,500, Wave 5 could be invalid. In this case, enter long positions above 24,600, targeting 25,200, which aligns with the 0.618 Fibonacci retracement of the larger downtrend. Key Indicators to Watch: Volume: A sharp increase during the breakdown would validate the bearish continuation. RSI Divergence: Check for bullish divergence in RSI near 23,300 to identify reversal potential. Candlestick Patterns: Monitor for strong bearish candles during the breakdown or reversal signals near support zones. This analysis provides a clear structure for trading Nifty 50 in the coming week, focusing on Elliott Wave theory and Fibonacci retracements for precision. The bearish scenario is currently favored, but traders should remain flexible and adapt to price action around key levels.
NSE:NIFTYShort
by Rishabh1100
#Nifty50 Outlook for upcoming week 30-3rd Jan 2025The Nifty roared this week, gaining a solid 226 points, closing at a strong 23813! It reached a peak of 23938 before dipping to 23647. As predicted, the Nifty stayed within the 24100-23000 range, forming an interesting inside candle pattern. Excitingly, a bullish "W" pattern has emerged on the weekly chart! If the Nifty can hold above the crucial 23900 level next week, we could see it trading between 24300 and 23400 . However, while a bounce is expected, the bearish Monthly chart might tempt big players to unload their positions. Stay alert! Across the pond, the S&P500 took a 2.5% hit, closing at 5970 after reaching a high of 6049. The 5870-5850 support zone is critical. A breach could trigger a faster selloff, potentially testing the 5637/5551 support levels. For an upward move, the S&P500 needs to conquer 6050, paving the way for resistance levels at 6094/6142/6225. Bottom line: Use any bounce next week as an opportunity to lock in profits. Stay informed and trade wisely!" Wishing everyone a very happy & prosperous New Year.
NSE:NIFTY
by ssudhirsharma11
NIFTY S/R for 30/12/24Support 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 on Weekly chart delicately placed. (Medium Term Outlook)Nifty is placed delicately on a weekly chart. Shadow of the candle is slightly positive but as the closing of the year looms large FIIs and the Bears might again try to sell on rise. On the positive side if FII will be on the buying side for the 2025 beginning and create fresh positive positions we might see a positive rally on the upside. The supports for Nifty remain at 23532, 23271 and 22724. 22724 is a very important support below which we might see a free fall which as of now can range till 21302 or even 20587. However there does not seem any trigger as of now which can bring Nifty to this levels but you never say never. On the positive side if there is a fresh buying trigger and a positive rally overall the resistances on the upper side seem to be near 23901, 24300, 24881 and finally 25409. 25409 is a strong resistance and closing above it will not only open the doors for touching the previous highs 26277 but also push Nifty towards making new highs.
NSE:NIFTY
by Happy_Candles_Investment
Fibonacci retracement on Yearly Candle gives us 2025 levels. We will continue out study of reading charts Today we will try to understand how to read the chart with the help of only 1 candle and Fibonacci series we will try to predict the range in which Nifty can move in the year 2025. First thing that one must understand that reading the charts is not a rocket science. What we have done is very simple and anyone can do. The candle stick that we have take in a 12 Month Candle. That means, all movement of Nifty for the full year has been encompassed by a single candle. I have then applied Fibonacci retracement and reverse retracement. Which has given us various zones that determine levels of Nifty. In Case you do not know about Fibonacci Golden ration you may read about it in my previous articles about the subject in Smart Investment. Fibonacci series was seen in ancient Indian Sanskrit and Maths in the works of Pingala and Hemachandra few Thousand years ago. The series derives its name however from Italian mathematician who made it famous in the modern era. Neutral Zone: The results that we got by applying Fibonacci and reverse Fibonacci on 12-month candle tell us that the neutral zone in case of sideways movement throughout the year would see Nifty moving between 21137 to 26277. Candles however seldom repeat on yearly scale but you never say never. These are the highs and lows of the current year. Negative Zone: If something very negative happens in the budget or thereafter on local or global scale we might see Nifty pivot to this range or 21137 to 19922. Where it could find support and reembark its journey upwards. Pessimistic Zone: In case of a catastrophe or some thing very negative on global or local / Macro or Micro economic front the range that we could see will be Nifty deteriorating towards 19922 to 18476. However, this looks unlikely as of now and even if it happens the upward journey might soon begin as PE investors might see a great value buying opportunity. Positive Zone: If things fall in place and economic progress continues, there is no deterioration of GDP or inflation and if Rupee recovers swiftly the zone between 26277 pervious peak and 27880 is possible. We may see a new peak of Nifty in this range. Optimistic Zone: In case the FII return enemas and economy continues to bloom with few elections and political stability / border stability and GDP growth continues it is quiet possible that we may see Nifty reaching new highs which will be in this range between 27880 and 30061. This seems a little distant dream as of now but you can never say never. At least if we hit the sweet spot of economy and Fibonacci golden ration even this ‘Everstsesque’ peak might be summited by Nifty. Here we have given different hypothetical scenarios of Nifty based on Fibonacci and candlestick analytics. For indepth understanding of Techno-Funda investing you can read my book which is The Happy Candles Way to Wealth creation. This book is available on Amazon in paperback and Kindle version. The book contains valuable tips for you to maximise your profits from stock market and wealth creation. It also explains my much coveted Mother, Father and Small Child Theory. 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. 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. There is also chance of bias in our opinion. I, my family or my clients may have a long position in the stock. 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.
NSE:NIFTY
by Happy_Candles_Investment
Master High-Probability Breakouts with the GOLDEN Trading SystemWelcome to the GOLDEN Trading System (GTS) – a custom-designed strategy tailored for traders seeking high-probability breakout opportunities. Built on the foundation of TradingView's powerful indicators, GTS focuses on leveraging Camarilla Pivot Levels (H3-H4 and L3-L4) to spot and act on potential market trends. Whether you're a beginner or an experienced trader, this system simplifies the complexity of technical analysis, giving you an edge in the markets. Core Elements of the Strategy. 1. Key Levels to Watch: Green Band (H3-H4): Represents a resistance zone where bullish breakouts are likely to occur. A confirmed breakout above H4 often leads to a strong upward trend. Red Band (L3-L4): Acts as a support zone, signaling potential bearish moves when broken. A confirmed breakdown below L4 generally triggers a downward trend. 2. The Breakout Concept: When the price crosses either of these bands, it indicates a potential shift in market dynamics: Bullish Breakout: Price breaks above the Green Band, suggesting buyers have gained control. Bearish Breakout: Price breaks below the Red Band, signaling sellers have the upper hand. Why This Strategy Works? High Probability: Camarilla Pivot Levels are widely respected by traders, making breakouts from these zones more reliable. Trend Confirmation: The system minimizes false signals by focusing on specific breakout levels instead of broader zones. Clear Entry/Exit Points: You can easily determine when to enter a trade and set stop-loss or take-profit levels. How to Use the GOLDEN Trading System? Identify the Bands: Look for the Green Band (H3-H4) and Red Band (L3-L4) on your chart. Watch for Breakouts: Enter a long position when the price closes decisively above the Green Band (H4). Enter a short position when the price closes decisively below the Red Band (L4). Manage Your Risk: Use the opposite band (L3 or H3) as a stop-loss level to protect your trade. Consider trailing your stop-loss as the trend progresses. Add Confirmation: For greater accuracy, combine this strategy with other tools such as volume spikes, candlestick patterns, or higher timeframe trend analysis. Case Study Example: Take a closer look at the chart provided: The price broke below the Red Band (L3-L4), confirming a bearish breakout. Post-breakout, the price continued its downtrend, offering a high-reward opportunity for short-sellers. By adhering to the system's clear breakout rules, you could have entered the trade early and capitalized on the trend with confidence. Benefits of the GOLDEN Trading System: Simplicity: Focuses on straightforward rules, making it beginner-friendly. Consistency: Reduces emotional trading by adhering to defined breakout zones. Scalability: Works across multiple timeframes and markets, including indices, stocks, and commodities. Pro Tip for Advanced Traders: Combine GTS with volume analysis, RSI divergence, or moving averages to add layers of confirmation to your trades. This helps filter out false breakouts and improves your win rate. Join the GTS movement and elevate your trading game today! Share your feedback, results, and tweaks to make the strategy even better. Happy trading! 🚀
NSE:NIFTYEducation
by thejamiul
GOLDEN Breakout setup on Nifty 50 for (30-12-24)Nifty 50 index was going sideways for 3 days, today it gave bull breakout but not sustained properly. So next trading day can become significantly important if you do breakout trades! ANALYSIS : On chart you can see I am using my custom build indicator named Golden Trading System (GTS) it shows two significant support and resistance zones which works like magic! as of now it is not published but you can follow us to get notified when we publish this. How you can use it ? Alternatively you can use standard pivot point and change the pivot type to camarilla. Here we will only use H3-H4 and L3-L4. In the chart you can see I already marked the H3-H4 and L3-L4 for tomorrow (30-12-24) so you can use that instead. How to TRADE ? Tomorrow (30-12-24) three thing can happen :- (i) If market gave breakout the green band (H3-H4) we can look Long setup. (ii) If market gave breakout the red band (L3-L4) we can look Short setup. (iii) Market can go sideways / range bound between green band and red band. CAUTION :- While taking bullish trades we should not neglect the red resistance line and also While taking bearish trades we should not neglect the red support line because form those points market can reverse so trade cautiously and with "Stop Loss".
NSE:NIFTY
by thejamiul
NIFTY Intraday trade SetupHello, Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum. Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend. Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios. Details is Mentioned in Chart, Read carefully.. .
NSE:NIFTYLong
by OptionCallPro