Nifty Trend directionNifty 23024 - As it Seems to be oversold , we expect some reversal to 22200-300 region tomorrow.by subraviUpdated 0
NIFTY 1 hrs ANALYSIS 22-01-25 After selling yesterday nifty open gap-up 100 point from round level. 1. It shows support at 23000. 2. CE shorter in profit. 3. yesterday PE short at round level 23000 to make market in range and take benefits of premium decays. by Sajid88770
LONG WAY TO GO, BUT MY NEXT 1000% ROI TRADE SETUP - ENJOYI know this looks crazy but the correction will facilitate a lot of buying interest in the market. 22400 is a major supply zone for NIFTY and usually price reacts there. I will be keeping a tight Stop Loss and look to average my positions if NIFTY stays within my SL area. Longby RT101042
#NIFTY Intraday Support and Resistance Levels - 22/01/2025Gap up opening expected in nifty near 23150 level. After opening if it's give reversal from this level then expected downside upto 23000 and this can be extend for further 100-150+ points in case nifty starts trading below 22950 level. Any upside rally only expected if it is starts trading and sustain above 23200 level.by TradZoo7
Nifty 50 Jan Imp zone for bullsH =23751.85 L=23496.15 First Zone H=24065.80 L=23517.35 Second Zone Imp Range for bulls to take releif rally valid till 24 JAn 2025 Dn side range 22900-22700-22488 is open till then by jainkanti0
NIFTY Pre-budget Bonanza!Strong demand zone: 23100-22777 Bearish as long as below 23400. Strong weekly closing above 23400 will indicate a sign of probable reversal.by rajdeeptrader012210
Strong DEMAND ZONE coming up! Time to add..?As we can see after much of whipsaws NIFTY closed in red which was very eminent, now following the structure we can see NIFTY heading towards our very strong demand zone around 22800 levels marked on the charts. Following the market sentiment which has gone into extreme fear, it could be considered as a great time to add at dips which are being offered at great valuation so plan your trades accordingly and keep watching.by Wealthcam1
NIFTY S/R for 22/1/25Support 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.by zenthosh0
Nifty Review & Analysis - Daily Price Action : Nift saw a Gap-up opening with positive overnight ques but failed to sustain higher levels and saw huge selling from opening. Today’s session was very volatile which saw a quick bullback from 23150 levels to agin find sellers at 23400 levls. Nifty finally tested below 23000 levels after 6-7 months closing at 6 month low. Technicals: Nifty was very volatile, couldn’t trade past even 10DEMA also. The index formed a strong bearish candle trading below the 10, 20, 50, and 200-day EMAs. The momentum indicators, RSI (Relative Strength Index at 35), and MACD (Moving Average Convergence Divergence) remains below the zero line, indicating weakness still persists. Support/Resistance Major Support 22800 Immediate Support 22950 Immediate Resistance 23150 Major Resistance 23400 Trend: Nifty is in bearish trend very weak. Options Data: Weekly Options data suggests huge Call build up at 23500 23300 and 23200 levels suggesting major Resistance Put Writing seen at 23000 and 22800 levels suggesting small Support. PCR improved to 0.74 Futures Data: FII Long/Short ratio came down to 17% Nifty Futures was negative with huge increase in Open Interest suggesting Shorts addition Outlook for Next Session: Nifty might see lower levels below 22950 Approch: Short at every rise and below 22950 Wait for today’s Low to break for further direction My Trades & Positions: holding Shorts Shortby Sandeep_CA0
Nifty Trapped in Downward Parallel Channel. Fear grips D-street.Nifty post today's closing just above 23K has officially closed below Mid Channel within the downward channel. This is not a great news for bulls. The only silver lining in the cloud is that the closing is above 23K at 23024. Bollinger band is suggesting a support near it's lower band width that is 22936. Other supports for Nifty will be at 22785, 22465, 21886(Bottom of Parallel Channel) and 21232. Resistance on the upper side seem to be at 23355, 23542 (Mid-Bollinger band level), 23662 Father Line resistance of daily chart, 23878 Father line resistance of daily chart and finally 24148 (Channel top and Bollinger band top resistance). When channel top will be crossed and we get a closing above the same the next resistances will be at 24799 and 25134. Thus signs are looking ominous with RSI at 35.37. RSI support will be near 30 range. Nifty has once again entered Extreme Fear zone on Ticker tape index which shows it currently at 27.21. The zone below 30 is Extreme fear zone and long term investors tend to make much profit when they invest in these Extreme fear zone. The budget is around the corner. Donald Trump has taken oath and is taking decisions in a fast-forward T-20 mode. The momentum can shift any time. Global peace is also seeing green shoots with Israel and Palestine conflict ceasefire deal taking shape. We hope that Ukraine and Russia will also see a peaceful resolution. The hour before the dawn is the darkest. This looks like that zone for Global markets including India. Yes hardball tactics will be played by Trump and things will not come as easily as they were coming for India. We had once said that Trump will be good for the world as Biden was softer towards India on the outer surface. In the long run we will soon begin to see light at the end of the tunnel. Little more pain may be left for Indian indices. Result season so far has been a mixed bag that is adding fuel to the wild-fire set by bears. Budget/ Quad meeting later this year and world moving towards peace can set the ball rolling for Bulls sooner than later. Once again I emphasize that sensibel investments done in the extreme fear zone yield to the best results in the long run. 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 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.by Happy_Candles_Investment1
NIFTY 21/01/2024Nifty support and Resistance for tomorrow as today there is breakdown of imp level of 23120 and also market is now getting volatile so there will be a wild moves for both sides by shindesahil510
Nifty at major Levels If Nifty want a uptrend now this week is the only way for it a small green weekly candel of 20jan 2025 may bring major shorts to cover up and soon we can see the level of 24000 and 25000.Longby Ni_k_0
NIFTY : Trading Levels and Plan for 22-Jan-2025🔖 Nifty Trading Plan for 22-Jan-2025 📊 Key Levels: Resistance Zones: 23,097–23,201, Last Intraday Resistance: 23,330 Support Zones: 22,962, 22,689 (Last Intraday Support) 1️⃣ Gap-Up Opening (100+ points) If Nifty opens above 23,201: Watch for price action near the Last Intraday Resistance (23,330). A rejection from this level could offer a short trade opportunity with a target towards 23,201. A sustained breakout above 23,330 can signal strong bullish momentum, and a long trade with a trailing stop-loss could be beneficial to ride the trend higher towards the next possible profit-taking zone near 23,435. 📌 Educational Insight: Gap-ups above resistance zones can often trigger profit booking or reversal patterns. Always wait for a confirmation candle before entering any trades. 2️⃣ Flat Opening (Within 22,962–23,097) Focus on the reaction at the Opening Resistance Zone (23,097). If Nifty fails to sustain above this zone, shorting the market with a target towards 22,962 could be favorable. Conversely, if Nifty holds above 23,097, a long trade targeting 23,201 may be considered, with a tight stop loss below 23,052. A breakdown below 22,962 may signal bearish momentum, opening short trades towards the Last Intraday Support at 22,689. 📌 Educational Insight: Flat openings provide the best opportunity for observing market sentiment. Let the market settle for the first 15–30 minutes for better clarity before making any trade decisions. 3️⃣ Gap-Down Opening (100+ points) If Nifty opens near 22,689 or below: Look for a reversal near the Last Intraday Support (22,689–22,830). A strong bounce here could provide a long trade targeting 22,962 or higher. However, if Nifty sustains below 22,689, it might indicate further bearishness, and shorting the market with a target toward 22,600 could be considered. 📌 Educational Insight: Gap-down openings often lead to panic or aggressive buying at support levels. It is essential to wait for confirmation through price action and volume before entering trades. 📌 Risk Management Tips for Options Trading: Use defined stop-loss levels and avoid over-leveraging during volatile market conditions. Trade spreads (like bull/bear spreads) to limit potential losses during high implied volatility (IV) conditions. Keep an eye on hourly candle closures for added confirmation of trend direction. Avoid entering trades within the first 15 minutes of the market opening. Let the market settle to avoid false breakouts or breakdowns. 🔍 Summary & Conclusion: Gap-Up: Watch for action near 23,201–23,330. Focus on rejection or breakout opportunities. Flat: Key action zone around 23,097; observe for potential breakouts or breakdowns. Gap-Down: Look for buying opportunities near 22,689, but be cautious of further bearish trends if support is broken. ⚠️ Disclaimer: I am not a SEBI-registered analyst. This plan is for educational purposes only. Please consult a financial advisor or conduct your own analysis before trading. by LiveTradingBox4
Nifty and Sensex analysis for Wednesday, 22nd January Nifty and Sensex analysis for Wednesday, 22nd January06:49by rahulbora113
Nifty Forming Bearish Shark, will touch 23,000Nifty has formed bearish shark. Based on current scenario it will have following levels. 23700 - 23500 - 23300 - 23000. It will touch 23,000.Shortby NileshPrajapati85Updated 442
NIFTY RENKO CHART Nifty Making H&S In Renko Charts , renko pattern breakdown will confirm the pattern by StockMagnetWithSumit114
NIFTY | SHORT | STBT | INTRADAYNIFTY is facing major rejection from the long term trend line resistance zone. The Trend on the Daily Charts continues to be Bearish. If NIFTY closes below 23,215, it can be shorted for a Target to 23,034 on an Intraday or STBT basis. If NIFTY closes today with an O=H Bearish Daily Candle, those looking to Swing Trade can short it for a Target of 22,590 level.Shortby Sky_Tracer1
BUY NIFTY 23250 CE 23RD JAN @ 200 - 195 | NIFTY LONG TRADENIFTY 23650 CE 9TH JAN EXP NIFTY OPTIONS BUYING TRADE TIME FRAME RECOMMENDED TO TRACK TRADE: 5 MINS Hi Traders, Nifty looks good to buy on dips and currently trading near support levels. We anticipate an upside movement from here and one can consider buying the 23250 CE (Call Option) with a 23rd January 2025 expiry in the price range of 200 - 195. Target levels: 240, 270, 320 Stop Loss (SL): ₹125 Regards, OptionsDaddy Research TeamLongby Options_Daddy4
#NIFTY Intraday Support and Resistance Levels - 21/01/2025Gap up opening expected in nifty. Expected opening near 23350 level. After opening possible nifty will consolidated in between 23300-23400 zone. If nifty starts trading and sustain above 23400 then expected sharp upside rally upto 23600+ level. Any major downside only expected below 23300 level.by TradZoo14
SIGN of REVERSAL on daily timeframe..?As we can see more like a W kinda pattern in daily time frame which is a sign of reversal hence long positions can be made keeping SL below the structure for last swings being the target so plan your trades accordingly and keep watching.by Wealthcam1
Good Closing by Nifty just above Mother Line. Nifty today did well to close just above Mother line of hourly chart. The closing we got was at 23344 and 50 EMA or the Mother line is at 23330. This bring the hope of recover towards 23.5K and further towards 24K+ levels in the medium to short duration. The resistances for Nifty right now remain at 23390, 23460, 23589 and 23703. Closing above 23703 will be very good for Bulls as they can drag the index in this scenario towards 23821, 24021 and 24231 levels. Supports for Nifty on the lower side remain at 23330 (Mother line support, 50 EMA), 23172 and 23046. Closing below 23046 can lead to Bears coming back to pull nifty further down. As of now shadow of the candle is positive. 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 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.Longby Happy_Candles_Investment0
NIFTY and BANKNIFTY analysis for 21st JanHello Freinds, sharing my analysis in NIFTY and BANKNIFTY for 21st. I have shown a very interesting concept of demand and supply in terms of money traded in box.hope you enjoy it.04:37by bhabtoshojha0
Nifty 50 Key Levels for 21/01/2025**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 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.by nandupk1