Indian Market still in diarrhea modeFIIs still aggressively selling, they are selling with a vengeance....Indian investors can only look and weep because we are idiots caught up in the euphoria....Meanwhile those who are trading options can look to buy puts on every major rise, but I don't do options as it is a sure shot way to deplete your capital.....Put all your losing stocks in SIP mode, as in buy small quantities every day to bring your average cost down....Thats the only advise I can give you....Meanwhile major supports are shown by white lines....Lets hope anyone of those holds....Or as Nirmala Taai says, retail investors shock absorbing capability....if you want us to absorb more, get rid of your ridiculous STT, LTCG tax and other nonsense tax meant to eat into the returns of the investor....
NIFTY trade ideas
Nifty 50 MovesThe Nifty 50 is a benchmark stock market index in India, representing the weighted average of 50 of the largest Indian companies listed on the National Stock Exchange (NSE). A "demand zone" in technical analysis refers to a price area where buying interest is significantly strong, often leading to a potential reversal or support level. If you're referring to a "demand zone move" in the context of the Nifty 50, it typically means the index is approaching or reacting to a key support level where buyers are expected to step in.
#NIFTY Intraday Support and Resistance Levels - 17/02/2025Flat opening expected in nifty. After opening nifty will face strong resistance at 23000 level and expected downside movement upto the 22800 in opening session. For today's session, 22800 is the important support if nifty break this support and starts trading below 22750 then sharp downside rally possible upto 22500 level. Any major upside rally only expected if nifty starts trading and sustain above the 23050 level.
17 th feb 2025 important level & trading zone#Nifty50
For education
Gap up Open 23012 above 15m hold after positive trade targets 23170, 23370
Gap up Open 23012 below 15 m ragistance not brake after nigetiv trad targets 22738, 22660
Gap down open 22660 above 15 m hold after positive trade target levels 22738 23012
Gap down open 22738 below 15 m not break up side after nigetive trade targets 22660, 22488
More details in chart
NIFTY : Trading levels and plan for 17-Feb-2025
🔍 Market Context: NIFTY has shown a strong downtrend with critical resistance and support levels forming significant zones. The price action near key levels will determine the direction for the day. Let’s break down possible scenarios.
1. Gap-Up Opening (100+ Points Above 22,996) If NIFTY opens above 22,996 , it enters the "Opening Resistance/Support Zone". Sellers may step in around this zone, leading to a possible rejection and downside move toward 22,918 . If the price sustains above 23,135 , bullish momentum could extend toward the 23,359 resistance zone. Profit booking is expected around 23,359 , making it a key level to watch for reversals.
🔹 Action Plan: ✅ If NIFTY faces rejection at 22,996 , consider short trades with a target of 22,918 .✅ If price sustains above 23,135 , go long with a target of 23,359 .✅ If NIFTY reaches 23,359 , consider partial profit booking.
💡 Tip: In a gap-up scenario, option premiums inflate. Consider spreads instead of naked options to control risk.
2. Flat Opening (Between 22,918 - 22,996) A flat open indicates uncertainty, keeping price inside the No Trade Zone (22,912 - 22,996) . A breakout above 22,996 signals bullish momentum toward 23,135 . A breakdown below 22,918 invites selling pressure toward the 22,743 - 22,677 support zone.
🔹 Action Plan: ✅ Avoid taking trades within 22,912 - 22,996 until a clear breakout occurs.✅ If price breaks 22,996 , go long with a stop-loss below 22,900 .✅ If price breaks below 22,918 , go short targeting 22,743 .
💡 Tip: Flat openings often trap traders. Wait for 15-30 minutes before entering trades.
3. Gap-Down Opening (100+ Points Below 22,743) A gap-down opening below 22,743 signals bearish sentiment. The 22,508 level is a critical intraday support – breaking below it can accelerate selling pressure. If NIFTY bounces back from 22,508 , it could trigger an intraday pullback toward 22,743 .
🔹 Action Plan: ✅ If price sustains below 22,743 , go short with a target of 22,508 .✅ If price holds 22,508 and reverses, consider long trades for an intraday recovery.✅ A move above 22,743 can lead to short covering toward 22,918 .
💡 Tip: In a gap-down scenario, IV (Implied Volatility) spikes, making option premiums expensive. Selling OTM call options can be a profitable strategy.
⚠ Risk Management & Options Trading Tips
🔹 Always use stop-loss – Never trade without a predefined risk level.🔹 Position sizing is key – Avoid over-leveraging.🔹 Trade with confirmation – Enter only after clear price action signals.🔹 Manage time decay – If buying options, choose ATM or ITM strikes to reduce theta decay.
📌 Summary & Conclusion
✅ Key Levels to Watch:
Resistance: 22,996 / 23,135 / 23,359
Support: 22,918 / 22,743 / 22,508
✅ Trading Plan Overview:
Gap-Up: Watch for rejection at 22,996 , possible breakout toward 23,135 .
Flat Open: No Trade Zone between 22,912 - 22,996 – wait for breakout.
Gap-Down: If below 22,743 , bearish sentiment dominates with 22,508 as the key support.
💡 Final Tip: Trade with discipline and follow your plan. Avoid emotional decisions – the market rewards patience! 🚀
📢 Disclaimer: I am not a SEBI registered analyst . This trading plan is for educational purposes only . Please do your own research before taking any trades. 📊
NIFTY S/R for 17/2/25Support 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.
20 EMA (Exponential Moving Average):
Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 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.
Market Update: Nifty Faces Bearish Pressure, 17-21st feb
Nifty closed at 22,929 this week, marking a decline of 630 points from the previous week's close. The index reached a high of 23,568 and a low of 22,774. As highlighted in my previous post, the bearish sentiment in Nifty remains intact, as both the monthly and weekly timeframes show negative trends. Until there is a significant reversal on these timeframes, the bearish outlook is expected to continue.
Looking ahead to next week, I anticipate Nifty will move within a range of 23,450 to 22,400 . The 22,300/22,400 zone offers strong support, and if this level is breached, we could see Nifty heading towards the 21,800 levels. Given this volatility, Nifty might not be the ideal index for small investors, particularly those heavily invested in mid and small-cap stocks. Let’s now take a closer look at the mid-cap and small-cap indices.
The Mid-Cap Index is currently near its key support level of 48,700 on the monthly chart. If it manages to hold this support next week, a potential reversal could follow, offering some relief to investors. On the other hand, the Small-Cap Index is still far from its crucial support of 14,500, which suggests that we could witness further downside of 4-5% in this segment . This could add more pressure on small-cap stocks, which are already facing a tough environment.
On a global front, the S&P 500 has finally broken through the strong resistance at 6,100 and closed above this level. If it manages to sustain above 6,100, we could see it reach 6,225 or even 6,376. This could potentially provide some tailwinds for the Indian markets, but for now, it seems that the Indian market remains under the tight grip of bearish forces.
In conclusion, while there are some signs of potential recovery in specific indices, the overall sentiment remains cautious. Investors should stay vigilant, especially in mid and small-cap segments, as the road ahead could be bumpy.
NIFTY 50 KEY LEVELS FOR 17/02/2025//description
// All credit goes to Tony for the concept of this indicator. His Trading View link: www.tradingview.com
// Note: The calculation method in this indicator differs from Tony's, but the concept is derived from his work.
I want to make it clear that I am not a seller, and this method was not taught to me by anyone. The original creator only gave me one clue:
👉 "If you get one level, you get all levels."
Everything else—the way I nail it the method and applied it—is my own work. I respect the original idea, but my approach is independent.
Explanation:
This trading system helps you avoid blind trades by providing confirmation for better entries and exits.
Entry/Exit Points:
- Entry/Exit Lines: Use the BLACK line for long trades and the RED line for short trades, based on confirmation from your trading plan.
- Stop Loss: For long trades, set the stop loss at the RED line below. For short trades, set it at the BLACK line above.
- Take Profit: For long trades, target the next RED line above. For short trades, target the next BLACK line below.
Timeframe:
Use a 5 mins timeframe for trading.
Risk Disclaimer:
This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.
Nifty Intraday Support & Resistance Levels for 17.02.2025Friday’s session saw Nifty opening with a gap-up, but it failed to sustain the momentum. After hitting a high of 23,133.70, it reversed sharply, making a low of 22,774.85, testing the Daily Demand Zone (22,642.60 - 22,910.15) for the third time. A partial recovery followed, but Nifty still closed at 22,929.25, losing 102 points from the previous close. The Weekly Trend (50 SMA) and Daily Trend (50 SMA) remain sideways, signaling indecision.
Demand/Support Zones
Near Demand/Support Zone (Daily): 22,642.60 - 22,910.15 (Tested multiple times)
Far Support Level: 21,281.45 (Low of 4th June 2024)
Far Demand/Support Zone (Daily): 20,769.50 - 20,950
Supply/Resistance Zones
Near Supply/Resistance Zone (75m): 23,248.45 - 23,301.75
Near Supply/Resistance Zone (125m): 23,316.30 - 23,409.65
Near Supply/Resistance Zone (Daily): 23,443.20 - 23,807.30
Far Supply/Resistance Zone (Daily): 23,976 - 24,196.45
Far Supply/Resistance Zone (Weekly): 24,180.80 - 24,792.30
Outlook
Nifty’s repeated tests of the daily demand zone suggest that buyers are still active, but a break below 22,640 - 22,600 could trigger further downside toward 21,281. On the upside, a move above 23,250 - 23,300 could open the door for a push toward 23,800 - 24,000.
Nifty 50 Formed Ending DiagonalNifty is now forming a diagonal pattern. The last leg of this diagonal is about to finish.
I’ve identified a buy zone in Nifty between 22700 and 22500. To limit potential losses, I’ve set a stop loss at 200 points.
My target price range for Nifty is between 24000 and 24200.
NIFTY TOUCHED 2/1 GANN FAN WITH ELECTION RESULT LOW TRENDLINENifty touched 2/1 Gann fan level with high of 1/1 Gann fan level on 27 September 2024 with touching election result low level on trend line which is very crucial, 22770 must hold otherwise Nifty will fall drastically. Nifty has to move without breaking 2/1 line for going upward direction in near future then only uptrend will be confirmed.
$nifty50 - PlanB Hola Folks,
looking back NIfty50 under the 200 ema has always been a value buy and once the chop is over and sentiment is better, we should go on to make a new ATH
23660ish the zone to flip for confirmation imo
Let's assume Plan A as per earlier Nifty post falling wedge and on LTF the 3 tap does not play out and we lose our current support then in this scenario am looking for a possible VWAP and previous range low tag as one zone for reversal
Plan C is a Black Swan and we go sweep 18k which took 2 years to flip so should hold like titanium
Keeping that in mind as our worst case scenario shall free up some cash by wednesday ( Assuming we try for the trend line above )
Dollar dumping gives me hope that we do not get the black swan just yet and get some relief over the summer
RSI looks oversold but can stay like that for a while if it wants so need it to start curling up
Nifty did well to hold on to crucial support. Can it hold ?Nifty did well today to bounce back from the lows of the day at 22774 to close at 22929. Holding this support is key. Under the pressure of relentless selling the market is in bear grip as of now. This is a good time to identify long term investment opportunities. Gaining immediate profits and fast recovery looks little difficult as of now. (You can not be 100% sure about the tops and bottoms of the market.) Next few months will give ample opportunities to average/add on bounce only. Mother father line supports and Resistances are the key to any investment during the bear phase of market. Patience of investors will be tested in the coming few weeks and months. Reshuffling your portfolios in favour of Fundamentally strong stocks that are going or still above 50 and 200 weeks EMA or Mother father line will be key. This is a stock pickers market. The forth that had build up post COVID rally is being cleared. Corrections are healthy sign for long term investors. Stock market is a place where money is transferred from the impatient to the patient. Pain will remain in the market for a short to medium term but hopefully great time and great rally awaits us in medium to long term. This next few weeks and probably months will test the new investors. Those who have seen a few Bull and Bear cycles know that good times do return eventually on the browsers.
Nifty Supports remain at: 22758, 22159, 21810 and finally 21302.
Nifty Resistances remain at: 23128, 23259 and 23435. Major hurdles for Bulls remain near Mother line at 23554 and Father line 23594. After a closing above 23838 only Bulls can be back into the game.
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. 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.