Nifty & Sensex Analysis & Trade Plan for 14th NovemberNifty & Sensex Analysis & Trade Plan for 14th November07:19by rahulbora111
NIFTY : Time to bid inNIFTY / Weekly : The index is approaching a trend line on the weekly chart and i expect the market to bounce from the trendline support. When it comes to indices, there is no strong support than trendlines. A good buy strategy is DCAing at 3 zones around the trendline support.by gautuwuu2
NIFT REVERSAL FROM BALLANCING ZONEHere i would like to show you that at balance of price vibration comes which is appearing in nifty keep it in mind there is no indicators used only reaction at balancing.Longby OM-MADY-stockmarketclassesUpdated 0
NIFTY 50 - Next target 24535This target level reflects a bullish sentiment backed by recent market trends, technical indicators, and favorable economic factorsLongby itsmemathi0
Nifty buyNifty bottoming out. Price action in Butterfly PRZ Expect bounce/bullish reversal from this zone. Potential 25K -27K targets Longby H_U_L_K0
NIFTY 450+ Points Profit Short Trade: A Perfect Execution The NIFTY (15-minute timeframe) chart highlights a well-executed short trade setup, delivering exceptional precision and profitability. Using the Risological Trading Indicator , traders were able to navigate this trade seamlessly. Trade Highlights: Entry Point : Positioned at 24,207.85, following a strong bearish signal confirmed by the downward Risological Lines and swing trendline alignment. Targets Achieved : All targets were successfully hit: TP1: 24,128.20 TP2: 23,999.25 TP3: 23,870.30 TP4: 23,790.60 Stop-Loss: A tight SL at 24,272.35 ensured disciplined risk management. Key Observations: Risological Lines : The collapsing Risological Red lines indicated strong bearish momentum, guiding traders to confidently hold the short position. Momentum Continuation : Steady selling pressure confirmed the trade's directional strength, allowing all targets to be met efficiently. Conclusion: This trade on NIFTY showcases the power of technical analysis and precise execution. The well-structured risk-to-reward ratio made this short trade an outstanding success. Traders leveraging the Risological Indicator reaped impressive intraday profits—yet another win for technical discipline!Shortby ProfitsNinja2
NIFTY Bears Dominate! 200+ Points Intraday Profit BaggedNIFTY Intraday Short Trade Analysis: The NIFTY 15m timeframe revealed a strong short trade setup, capitalizing on bearish momentum. As of 12 Nov, 1:17 PM, the trade has already hit TP1 (24128.20) and TP2 (23999.25), delivering over 170+ points profit intraday – a remarkable gain for a single session! Trade Snapshot: Entry: 24207.85 Stop Loss (SL): 24272.35 NIFTY Targets: TP1: 24128.20 ✅ TP2: 23999.25 ✅ TP3: 23870.30 TP4: 23790.60 Key Highlights: Massive Intraday Momentum : The trade leveraged a steep bearish trend, with prices moving sharply downward. Confluence of Signals : The short setup aligned perfectly with a downward sloping RISOLOGICAL Lines and bearish candlestick patterns, validating the move. Quick Scalping Opportunity : The quick descent to TP2 within a short timeframe exemplifies the strategy’s efficiency for intraday traders. Profit Perspective: This setup's 200+ points profit intraday is a massive score for NIFTY, offering traders an exceptional risk-to-reward ratio. The move towards TP3 and TP4 looks probable, with continued bearish sentiment driving prices further down. Conclusion: A picture-perfect short trade setup on NIFTY has already delivered stellar returns. Traders riding this wave are poised for even greater profits as the index inches toward its lower targets. Keep an eye on the next support levels! Longby ProfitsNinjaUpdated 1
nifty going forwardThe chart you’ve shared is a technical analysis of the Nifty 50 Index on a daily timeframe, providing a mix of Fibonacci retracement levels, trendlines, and key support and resistance zones. Here are the main technical details observed: 1. Fibonacci Levels: • Multiple Fibonacci retracement levels are drawn, marking potential support and resistance zones. • The chart shows significant levels such as 0.236 (approx. 25,012.20), 0.382 (approx. 24,363.20), 0.5 (approx. 23,768.95), and 0.618 (approx. 23,174.65). • These levels indicate potential points where price could bounce or find support/resistance. 2. Trendlines: • There are upward-sloping trendlines, with one marking the overall upward trend channel. • The price recently tested the lower boundary of this channel, showing a possible trend support level. • A major gap was previously filled, which could now act as support or resistance. 3. Price Zones and Key Levels: • A support zone is marked around 23,173.75, a level where the price could find significant buying interest. • Resistance zones are shown around 25,086.85 and higher, which might act as barriers if the price tries to move upward. • Additional horizontal levels are indicated, providing context for major support and resistance points (e.g., 23,772.20, 23,816.55). 4. Volume Analysis: • A high volume zone is visible under recent candles, indicating increased market activity and potentially higher interest or uncertainty. • The red and green bars show buying and selling pressure, with some recent declines possibly indicating distribution phases. 5. RSI and Momentum: • The lower part of the chart includes an RSI or momentum indicator. It seems to be trending downwards, suggesting potential weakness in the current trend. • There’s a marked level around 36.58, which could be a lower boundary, indicating possible oversold conditions if it drops further. 6. Possible Downside Target: • A large downside projection suggests a potential target around 20,297.20, marking a significant drop of around 25% from current levels. This may indicate a bearish view if the support levels break. This chart shows a cautious approach for the Nifty 50 index, with critical levels of support and potential downside risk if the price breaks through these zones. Traders may watch for support at the 23,173.75 level and observe the momentum indicators for confirmation of any trend reversal. The index needs to hold above key Fibonacci levels to maintain the uptrend.by darwas1210
Nifty H&S PatternNifty formed Head & Shoulder Pattern Upside possible cross 24500 level Support 23800 once break then expected level 23600 / 23400 by ManojTembulkar2
#NIFTY Intraday Support and Resistance Levels - 13/11/2024Today will be flat opening in nifty. After opening important level for nifty is 23800 level. In case nifty gives breakdown of this level and starts trading below 23750 then possible strong downside movement upto 23500 level in today's session. Upside 24000 level will act as a strong resistance for the nifty.by TradZoo8
NIFTY50: INSTITUTIONAL LEVELS FOR 13/11/2024🔍 Overview This trading system combines simplicity with powerful insights for accurate entries and exits. It’s structured for active traders using the 5-minute timeframe who want to make clear, confident trading decisions in fast-moving markets. 📌 Key Strategy Guidelines 🔄 Retest Entries: Aim to enter trades on retests rather than breakouts for better positioning. ✅ Multiple Confirmations: Use more than one confirmation to validate each trade, helping avoid impulsive decisions. 💰 ATM Options Focus: Stick to at-the-money (ATM) options or above for optimal liquidity and manageable risk. 📖 System Explanation This setup leverages volume, historical price action, and price ranges to pinpoint high-probability entry and exit points. This methodology is designed to reduce guesswork, allowing traders to manage trades with a consistent approach. 📉 How It Works: Entry/Exit Signals 🔵 Blue Line: Signals potential long entry. 🔴 Red Line: Indicates potential short entry. 💡 Tip: Align these signals with additional confirmations from your trading strategy for optimal performance. 📊 Stop Loss and Take Profit Levels 🛑 Stop Loss: Long Trades: Set your stop loss at the nearest red line below the entry point, or adjust based on whether the 5-minute candle crosses the red line. Short Trades: Use the blue line above as the stop loss. 🎯 Take Profit: Long Entries: Target the next red line above or exit if other indicators suggest a prudent exit. Short Entries: Target the next blue line below, following similar guidelines. ⏰ Timeframe Recommendation This system is specifically optimized for the 5-minute timeframe, making it suitable for those trading shorter intervals with precision. ⚠️ Risk Disclaimer Trading involves high risk, and rapid price changes can lead to unexpected losses. Only trade with capital you can afford to lose, and carefully assess your financial situation and risk tolerance. 👥 Join the Community Discussion Engage with other traders to discuss strategies, share insights, and enhance your understanding of the markets. Let’s grow together as a community of traders! 🌐 ✨ Original Content This trading system is the product of my own expertise and rigorous testing. It’s a unique approach developed through real market experience to offer a clear edge in trading. by tony_fx_sm9
NIFTY : Levels and plan for 13-Nov-2024Intro: On **12-Nov-2024**, the Nifty 50 index saw consolidation in the lower zone, with strong support around the "Must Try Zone" and signs of buyer activity. Moving forward, we have identified key levels for potential bullish, bearish, and sideways movements. Yellow trends indicate potential sideways movement, Green trends represent a bullish outlook, and Red trends show bearish sentiment. --- Trading Plan for 13-Nov-2024 **Gap Up Opening (100+ points):** If the market opens with a significant gap up beyond 24,100 , watch for immediate resistance at 24,395 . If Nifty sustains above this level, we may see a bullish rally toward the next resistance level at 24,464 . However, if selling pressure emerges, expect the index to pull back to the "Opening Resistance" zone around 23,986 , where buyers might attempt to regain control. **Flat Opening:** In case of a flat opening near 24,025 , monitor the initial price action closely. If Nifty sustains above this level, a test of the "First Resistance Zone" around 24,361 is likely. Breaking this resistance could lead to a rally up to 24,423 or even the "Last Resistance Zone" at 24,464 . Failure to break through 24,361 could result in a retracement to the "Important Buyer’s Support" at 23,825 . **Gap Down Opening (100+ points):** A gap down opening below 23,767 would place the market within the "Important Buyer’s Support" zone. Here, a strong buyer presence could lead to a rebound toward 23,986 . If this level holds, an upward move back to the "Opening Resistance" is possible. However, if the index falls below 23,582 , it could signal further bearishness, targeting the "Possible Bottom Zone" around 23,504 . --- Risk Management Tips for Options Trading: - Limit your position size, especially near key resistance or support levels where reversals are more probable. - In volatile market scenarios, consider using stop-loss orders based on hourly closes to avoid unnecessary stop-outs due to intraday volatility. - Avoid entering trades in the "No Trade Zone" as highlighted on the chart, as these areas lack clear trend direction and increase the risk of whipsaw movements. --- Summary & Conclusion: For 13-Nov-2024 , key levels to watch are 24,395 for resistance on the upside and 23,582 for critical support on the downside. Price action within the "Important Buyer’s Support" zone could dictate market direction. Green trends indicate potential bullish moves, Red trends signal bearish opportunities, and Yellow trends suggest caution with possible sideways action. --- Disclaimer: I am not a SEBI-registered analyst. This analysis is based on my personal trading strategy and psychological theory. Please perform your analysis or consult a financial advisor before making any trading decisions. --- Happy trading!by LiveTradingBox9
Downward parallel channel still governing NiftyThe downward channel still governing Nifty and crushing it at every giving opportunity through continuous selling pressure from mainly FIIs. However Bollinger Bands is starting to suggest that Nifty might be oversold. Supports for Nifty now remain near 23822, 23611, 23380 and 23197. Resistance for Nifty remains at 23968, 24088, 24167, 24388 and 24548. Every bounce so far has been utilised by FIIs to sell. DIIs however are on a continuous buying trail. This fall for long term investors with a horizon of 12 to 24 months can be utilized for wealth creation as Some of the large caps and Selective Mid and small caps are now started to reach mouth watering levels. 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. 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.by Happy_Candles_Investment0
Nifty Now momentum level Nifty Now momentum level Very confusion market only for watch the break above side and downside now still watch the given level Above side 25225 Downside 24650 you can enter given this levelby lashkarikartikUpdated 3
NIFTY S/R for 13/11/24Support 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. 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. RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory. Combining RSI with Support and Resistance: Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal. Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset. 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 zenthosh2
head and shoulder pattern Nifty formed head and shoulders pattern wait for the break out!!! This suggestion is Only for the training purpose Shortby iamnaveenchary1
Nifty Support and Resistance Levels For 13th Nov 2024I’ve created a chart highlighting the key support and resistance levels for #Nifty, designed to help traders make informed decisions. These levels provide critical insights for understanding potential price movements, enabling traders to identify ideal entry and exit points. Use these levels to gain a clearer perspective on Sensex trends and optimize your trades with greater confidence. Remember, these levels serve as guidance, so always combine them with your own analysis and risk management.Longby Prabhu20200
nifty 50The general market is weak, but many stocks are forming solid bases. We need to wait patiently for the right opportunity. This pattern in Nifty has repeated many times during similar corrections, and it often sets the stage for strong setups. It’s an ideal time to scan for promising stocks and add them to our radar, as most high-potential stocks emerge in these types of market conditions.by magajikondiroshan0
nifty 50The general market is weak, but many stocks are forming solid bases. We need to wait patiently for the right opportunity. This pattern in Nifty has repeated many times during similar corrections, and it often sets the stage for strong setups. It’s an ideal time to scan for promising stocks and add them to our radar, as most high-potential stocks emerge in these types of market conditions.by magajikondiroshan0
NIfty in deciding zone23800 is the number! if bulls manages to hold it on closing basis, we are still in for 25000 in the near term. there is a free fall below this number. so please trade accordingly, my personal opinion is that of a bullish move till 25000 or till the last bear exits the shorts.by vishman01062
Nifty 50 in next 6 monthsPredicting a classic head and shoulder break to the downside. Exactly as happened in that circled areaby arupnagdt1114
NIFTY UPCOMING ON 14TH NOV / 18TH NOVBy using technical analysis we can forecast or predict expected path of nifty. In this drawing we have shown it. By using ZZ, and intensity drawing.by dipanjanxsamanta0
Intraday shorted NiftyNifty has broken the Daily Pivot and is weak. I have taken an intraday short position till Daily Support-1 at 23,985. Shortby Sky_Tracer0