NIFTY Technical Analysis – Current Market OutlookMarket Structure: B-C Correction in Progress
Current Trend: NIFTY is undergoing a B-C correction phase, where wave BC is expected to be an impulsive 5-wave movement on the downside.
Retracement Scenario : Currently, NIFTY is in a corrective move within the 4th wave of the BC leg, retracing downward.
Key Retracement Levels : Expecting a pullback to the 38.2% to 61.8% Fibonacci levels, which could act as a resistance before the next downward leg resumes.
Target Projection: Based on wave structure analysis, NIFTY may reach 21,470 levels as the next significant support zone.
Volume and Market Sentiment
Volume Analysis: Selling pressure remains dominant; any short-term retracements could be seen as opportunities for further downside.
Momentum Indicators: RSI & MACD likely show bearish momentum, confirming the downward move.
Key Resistance Levels : Any up move could face selling pressure around the 22,300 – 22,500 zone.
Conclusion & Trading Strategy
Overall Trend: Bearish – NIFTY is expected to continue its downside momentum after the current corrective wave completes.
Potential Shorting Opportunity: Traders can watch for resistance at Fibonacci retracement levels and enter short positions once confirmation of trend continuation is observed.
Key Support Zone: 21,470 remains a major level to watch for further downside price action.
Disclaimer:
This analysis is for educational and informational purposes only. It is based on technical chart patterns and market structures. Stock market investments involve risks, and past performance is not indicative of future results. Traders and investors should do their own due diligence or consult a qualified financial advisor before making any trading decisions
NIFTY trade ideas
NIFTY S/R for 7/2/25Support 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.
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.
#NIFTY Intraday Support and Resistance Levels - 07/03/2025Today will be flat opening expected in nifty. After opening if nifty sustain above 22500 level then expected upside movement upto 22750 in today's session. 22500 level will act as a important support for today's session. Major downside possible if nifty not sustain above level and give breakdown of 22450. This downside can goes upto next major support level at 22150.
End of RELIEF..?As we can see NIFTY is now trading at important resistance which previously acted as a Support. Hence as long as we are below the structure, every rise can be sold but if it closes above the structure then we may see another 5-10 percent upmove in coming trading sessions so plan your trades accordingly.
NIFTY : Intraday Trading levels and Plan for 07-Mar-2025
📌 Key Levels to Watch:
🔴 Resistance Levels: 22,635 | 22,819
🟢 Support Levels: 22,467-22,496 | 22,378 | 22,258
📝 Market Context:
Nifty has shown strong momentum in recent sessions, currently trading near 22,529. The profit booking zone lies around 22,635, while a breakout above this could lead to 22,819. On the downside, key support exists at 22,467-22,496, and a further breakdown may drag prices toward 22,378-22,258.
📈 Scenario 1: Gap-Up Opening (100+ Points Above 22,630) 🚀
If Nifty opens above 22,630, it enters the profit booking zone, making further upside dependent on momentum. A clean breakout above 22,819 will signal strength.
Buy above 22,635 🔼
🎯 Target: 22,750 – 22,819
🛑 Stop Loss: 22,550
📝 Plan: If Nifty sustains above 22,635, it can attempt 22,819. Wait for a proper 15-minute candle close above 22,635 before entering. Profit booking is advised near resistance levels.
Rejection at 22,635 ❌
🔽 Sell below 22,630
🎯 Target: 22,500 – 22,467
🛑 Stop Loss: 22,680
📝 Plan: If Nifty struggles at 22,635 and reverses, a short trade can be considered toward 22,467. Volume confirmation is necessary before entering shorts.
📉 Scenario 2: Flat Opening (22,450 – 22,550) 📊
A flat opening near 22,450 – 22,550 suggests indecision. The 22,467-22,496 range is a crucial support area.
Buy above 22,550 🔼
🎯 Target: 22,635 – 22,700
🛑 Stop Loss: 22,500
📝 Plan: If Nifty holds above 22,550 and shows strength, an upside move toward 22,635 is likely. Look for bullish price action confirmation before entering.
Sell below 22,467 🔽
🎯 Target: 22,378 – 22,350
🛑 Stop Loss: 22,525
📝 Plan: If Nifty breaks below 22,467 and struggles to reclaim it, selling pressure may drag it toward 22,378. Wait for a sustained breakdown before taking short positions.
📉 Scenario 3: Gap-Down Opening (Below 22,429) ⚠️
A gap-down below 22,429 signals weakness, with support at 22,378 and 22,258.
Buy near 22,258 – 22,300 🟢
🎯 Target: 22,440
🛑 Stop Loss: 22,220
📝 Plan: If Nifty stabilizes at 22,258-22,300, a bounce toward 22,440 is possible. Ideal for risk-managed long trades.
Sell below 22,258 🔽
🎯 Target: 22,150 – 22,100
🛑 Stop Loss: 22,320
📝 Plan: If selling pressure persists below 22,258, a further slide is likely. Avoid panic selling; wait for confirmation.
💡 Risk Management Tips for Options Traders 🎯
✅ Theta Decay Awareness: Avoid buying OTM options late in the day.
✅ Stop-Loss Discipline: Always use SL based on technical structure.
✅ Position Sizing: Risk only 2% of capital per trade.
✅ Avoid Overtrading: Trade only high-probability setups.
📌 Summary & Conclusion 📌
🔹 Bullish above 22,635 for 22,819.
🔹 Bearish below 22,258 for 22,150.
🔹 Flat open needs confirmation for direction.
🔹 Key support: 22,467-22,496 | 22,258.
🔹 Key resistance: 22,635 | 22,819.
📢 Trade with discipline, follow the plan, and manage risk effectively!
⚠️ Disclaimer:
I am not a SEBI-registered analyst. This analysis is for educational purposes only. Do your own research or consult a financial advisor before trading. 📊📉📈
Good closing by Nifty, Now all eyes on tomorrow's weekly closingAnother fantastic day of recovery by Nifty which closed 207 points up today. From the lows of the day recovery was 310.6 from the lows of the day. Thus last 2 days have seen a significant up moves. The resistances now for Nifty remain at 22556, 22800 and 22981 before we reach the major resistance zone of 23139 to 23467.
This zone includes a Mother line, Father line and Trend line resistance. It will take some major good news or significant buying by FII to take us into Bull zone which awaits us above this zone. Supports for Nifty remain at 22240, 21954, 21782 and 21281. Below 21281 there can be a bear mayhem which can see Nifty slipping into recession mode. For now that zone is far away and shadow of the candle currently looks neutral to 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. 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.
# Nifty50 #banknifty 7 march important levels and trading zone # Nifty50
99% working trading plan
Gap up open 22658 above & 15m hold after positive trade target 22836, 22975
Gap up open 22658 below 15 m not break upside after nigetive trade target 22438,22238
Gap down open 22438 above 15m hold after positive trade target 22658, 22838+
Gap down open 22438 below 15 m not break upside after nigetive trade target 22238,
📌For education purpose I'm not responsible your trade
More education following me
NIFTY 50 KEY LEVELS FOR 06/03/2025// All credit goes to Tony for the concept of this indicator. His Trading View link: tradingview.com/u/tony_fx_sm/
// 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 and Resistance Levels - 06/03/2025Gap up opening expected in nifty above the 22400 level. After opening if it's sustain above this level and gives breakout of 22500 then expected further upside rally upto 22750 level in today's session. In case nifty starts trading below 22400 level then possible downside in index upto 22150 level in opening session.
6 March #Nifty50 #Index # Banknifty#Nifty50
99% working trading plan
Gap up open 22378 above & 15m hold after positive trade target 22478+, 22798
Gap up open 22378 below 15 m not break upside after nigetive trade target 22286,22238
Gap down open 22286 above 15m hold after positive trade target 22378, 22478+
Gap down open 22286 below 15 m not break upside after nigetive trade target 22238,22142
📌For education purpose I'm not responsible your trade
More education following me
A temporary RELIEF..?As we can see NIFTY rallied over 1.5 percent despite hitting our demand zone which could be a temporary rally till 22500-22600 level which acted as a strong support, but now can act as a STRONG resistance hence as long as we can below 22600, 22600’s high can be sold for following demand zones so plan your trades accordingly.
NIFTY S/R for 6/2/25Support 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.
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.
NIFTY : Intraday Trading levels and Plan for 06-Mar-2025Market Context:
Nifty closed at 22,337, with the following key structural levels:
🔴 Profit Booking Zone: 22,635
🟠 No Trade Zone: 22,356 - 22,462
🟢 Opening Support: 22,200 - 22,230
🟩 Last Intraday Support: 22,165 - 22,057
Considering a 100+ point gap opening, let's analyze the possible trading scenarios for the day.
🟢 Scenario 1: Gap-Up Opening (100+ Points Above 22,450)
If Nifty opens above 22,450, it moves into or above the No Trade Zone (22,356 - 22,462).
Sustaining above 22,462 – If the market holds this level with strong momentum, Nifty can rally toward the Profit Booking Zone at 22,635.
Rejection from 22,462 – If price struggles to break above 22,462, it may pull back toward the previous resistance at 22,356, which now acts as support.
If price consolidates inside the No Trade Zone, it signals uncertainty, and traders should wait for a clear direction before taking action.
🔹 Trading Plan:
Go long only if Nifty sustains above 22,462 on an hourly close, targeting 22,635.
Sell below 22,356 if rejection is observed, with a target of 22,289.
Options traders can consider 22,500 CE for long trades and 22,400 PE if rejection occurs.
🟡 Scenario 2: Flat Opening (Within 22,300 - 22,350)
A flat opening near 22,346 places Nifty in a neutral range, requiring confirmation for the next move.
A move above 22,356 will push the index toward the No Trade Zone (22,356 - 22,462). If sustained, a breakout above 22,462 can open room for higher levels.
A drop below 22,300 brings the price closer to the Opening Support Zone (22,200 - 22,230), making this level crucial for short-term buyers.
If price trades between 22,300 - 22,356, wait for a decisive breakout before entering trades.
🔹 Trading Plan:
Avoid taking trades inside the No Trade Zone and wait for a breakout.
Go long above 22,462, targeting 22,635.
Sell below 22,300 for a move toward 22,200, with stop-loss at 22,356.
Options traders can use 22,400 CE for longs and 22,300 PE for shorts.
🔴 Scenario 3: Gap-Down Opening (100+ Points Below 22,200)
A gap-down near 22,200 - 22,057 will bring price into the Opening Support & Last Intraday Support Zones.
Holding 22,200 – If price finds support here, a strong bounce can push Nifty back toward 22,356.
Breaking 22,165 – If selling pressure persists, the next downside target is 22,057, which is the last major support.
If price enters the 22,057 - 22,165 range, this zone could act as a major reversal point based on previous demand zones.
🔹 Trading Plan:
Look for buying opportunities at 22,200 if price shows reversal signals.
If breakdown below 22,165 occurs, wait for confirmation before shorting toward 22,057.
Options traders can use 22,200 PE for breakdown trades and 22,100 CE for bounces.
📊 Risk Management Tips for Options Trading
✅ Use Stop Loss on an Hourly Close Basis – Avoid holding options without confirmation of direction.
✅ Avoid Trading in the No Trade Zone – Let price break out before taking a position.
✅ Monitor India VIX – If volatility is high, premiums may decay faster. Avoid unnecessary trades.
✅ Partial Profit Booking is Key – Secure profits at resistance & support levels instead of waiting for full targets.
✅ Avoid Holding Trades Overnight – Unless there is a strong directional bias, overnight positions carry additional risk.
📌 Summary & Conclusion
Bullish Scenario: Above 22,462, Nifty can rally toward 22,635.
Neutral Zone: If trading between 22,300 - 22,356, wait for confirmation before entering trades.
Bearish Scenario: Below 22,165, weakness can extend toward 22,057, where a bounce is likely.
🔹 Best Risk-Reward Trades:
Buy near 22,200 if support holds.
Sell below 22,165 for a breakdown.
Buy only on a confirmed breakout above 22,462.
⚠️ Disclaimer:
I am not a SEBI-registered analyst. This analysis is for educational purposes only. Please conduct your own research or consult a financial advisor before making any trading decisions.
Nifty trying to stage a comeback but big resistances approachingNifty is in the process of staging a grand come back. Toda it closed with heft gain of 1.15% and 254 points. However there is an important trend line resistance including the supply zone between 22394 and 22455. If we get a closing above 22455 by the end of this week we can assume it will be a come back otherwise this bounce can be termed only as a technical bounce from the oversold zone. Once we get a closing above 22455 the next resistances will be at 22692 and 22981. Post this there will be Mother line, Major trend line and Father line resistance which can be seen in the chart at 23163, 23411 and finally 23477. It is a long way to go before we reach there. Bulls can claim a dominating position only after a closing above 23477. Supports for Nifty remain at 22183, 21954 and 21576 currently. All eyes on the closing we get this weekend. Positive or positive to flat closing required in the next 2 days for bull run to gather proper steam. Shadow of the candle currently looks neutral to 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. 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 🚀 Nifty50 Weekly Chart Outlook by Mohammad Talha 🚀
📉 Key Fibonacci Support: Nifty50 has retraced to the 61.8% Fib level (~22,039). Holding this level could spark a strong bullish move toward 23,900+ (0.786 retracement) and higher!
📈 Potential Upside Targets:
🔹 127.2% Ext. → 29,294
🔹 161.8% Ext. → 33,132 (Future levels to watch!)
🔻 Bearish Scenario: If 22,039 breaks, the next key support sits at 20,730 (0.5 Fib level).
🔥 Watch these levels closely! 🔥
#Nifty50 #StockMarket #Trading #Fibonacci #MohammadTalha