NIFTY trade ideas
Nifty50 Wkly Anlysis – Strong Reversal, But Volatility AheadThe Indian stock market closed the week on an interesting note. The Nifty 50 index ended at 22,828, just 70 points lower than last week's close, after forming a significant bullish reversal from a low of 21,743 to a high of 22,923.
As we mentioned in last week's market outlook, a base formation was underway—and this week's price action confirmed it. With the next week being truncated due to market holidays on Monday and Friday, traders should expect increased volatility and sideways movement.
Key Technical Levels:
Support: 22,200 – This is 50% of this week's candle; a break may bring bearish momentum.
Resistance: 23,400 – A close above this could ignite a rally toward 23,900, 24,100, and possibly 24,414.
On the global front, the S&P 500 respected the 4,800 support level, rebounding sharply to close at 5,363. However, underlying market weakness remains, so it's a sell-on-rise situation in U.S. equities.
Pro Tip:
Indian investors should keep an eye out for quality, fundamentally strong stocks. Any correction in the market may offer excellent long-term buying opportunities.
Whats Next With Nifty . Understand with Chart . / Nifty AnalysisAs There is Huge News Flow In the Market so, there is Many Gaps ups and Gap downs . But We are still Standing at That place where all This Things Started If You observe that . Now In Firiday Session we Have Open = Law , So This Low is automatic a Strong Demand or Support Till Not Broke we cant Expect a Strong Fall In Nifty . On Upper side we didnt Have Much barriers , There we have a supply at 22200 - 22150 . So the plan is Quite simple we Go with Price due to heavy News Flow . If we broke and sustain above yesterday then we will look for longs Till Upper Supply . If we Breach or Open below friday session low then we will low for shorts till Green zone that is 22350 - 22400 . As simple as That .
Follow For More .
NIFTYNIFTY
MTF Analysis
NIFTYYearly Demand 18887
NIFTY 6 Month Demand 21801
NIFTYQtrly Demand BUFL 22526
NIFTYMonthly Demand 23110
NIFTYWeekly SOE 23049
NIFTYDaily Demand DMIP 22261
ENTRY -1 Long 23,049
SL on Weekly Closing 22,720
RISK 329
Target as per Entry 26,000
Last High 26,277
Last Low 21,746
ENTRY -2 Long 22,261
SL on Daily Closing 22,000
RISK 261
Target as per Entry 26,000
Last High 26,277
Last Low 21,746
NIFTY Strategy May Be 99% Wrong - Trade with Extreme Caution!📈 Hourly Chart Technical Analysis
🔸 RSI Cooling Off:
The RSI recently reversed from a scorching 88 on the hourly chart, signaling overbought conditions 🚨. This hints at a possible short-term pullback before the bulls decide their next move 🐂⏳.
🔸 🚧 Resistance Ahead:
📍 23,350 is the key level to watch – it’s a strong resistance zone that’s been tough to crack in the past. A breakout here could light up the index! 💥📊
🔸 🛡️ Support Zones:
📉 22,800 is holding firm as immediate support, backed by solid open interest data – a level the bulls will want to protect.
Nifty Trading Plan Could Miss the Mark – Risk Level: 99%
⚠️ Strategy for Monday – April 14
✅ Above 23,000:
🚀 Bullish bias – Eyes on a move up to 23,350. Consider buying only on strong breakout confirmation. Momentum is key! 🔍📈
🟡 Between 23,000 and 22,800:
🎯 Expect sideways action – a choppy range where scalpers might thrive. Trade light and keep those stop losses tight! 🪙⚖️
🔻 Below 22,800:
🐻 A bearish signal – this opens the door for a drop toward 22,555. Consider short positions only with strict risk control 🎯🛑
NIFTY WEEK AHEAD - ( APRIL 3RD WEEK )Nifty chart is indicating a chance for upside in the upcoming week . Base for upside is 23000 as it is an important resistance and upon crossing 23000 successfully, we can expect upside momentum to continue upto 234450-560. All levels are marked in the chart posted .
Nifty in the Short Term can try to stage further recovery. After the drastic Trump Tariff war shock Nifty is trying to recover it's lost territory closing at 22828. Right now the Nifty is trapped between Mother and Father lines of its Hourly chart. The supports for Nifty remain at 22761 (Mother Line Support), 22675, 22353 and 21859. Below 21859 Nifty becomes very week again. The resistance for Nifty on the upper side remain at 22924 (Strong Father line Resistance), 23174 (Strong Trend line Resistance), 23384, 23569 and finally 23783. Above 23783 closing Nifty will become very Bullish.
Nifty Analysis EOD - 11th April 2025📌 Background
After yesterday’s holiday, global cues were positive—especially from the US markets. SGX Nifty indicated a strong gap-up. As expected, Nifty opened at 22,695, right around the previous session’s high and within our marked Resistance Zone.
📌 Today’s Price ActionNifty opened with a sharp gap-up, and the Initial Balance (IB) high was formed at 22,875. The price managed to breach the IB high briefly, triggering a trade signal and filling the gap between 4th and 7th April sessions.However, the index failed to sustain above 22,875–22,900. Momentum fizzled out post-breakout, and Nifty retraced toward the opening zone.
🧊 Intraday range was 228 points, out of which 165 points occurred during the IB phase. Most of the move was already baked in early on.
📉 Despite gaining +429 points intraday, Nifty closed at 22,828, slightly below the previous week’s high of 22,857—which hints at a pause or temporary exhaustion.
📌 Technical OutlookNifty is still playing between supply and demand zones. Today’s rejection from above 22,900 and close below the weekly high indicates a need for further strength or a catalyst to push beyond 23,000 convincingly. A clean break above 22,900–23,000 remains key.
📌 Important Levels
🔼 Resistance Zones
22,857 (Weekly High)
22,900–23,040
23,182
23,340
🔽 Support Zones
22,668 (Breakout Zone)
22,337
22,082 (Previous Lowest Swing Close)
🧠 Strategy Going ForwardIf no negative news flow arises, a retest of 23,000–23,040 is likely. Traders should wait for sustained price action above 22,900 for fresh longs.Avoid aggressive shorts unless the price breaks down below 22,668 with momentum.
📋 Quick Recap✅ Gap-up opening on global cues✅ IB High breached and gap filled✅ 228-point range; majority in IB✅ Resistance at 22,900 held firm✅ Closed below weekly high
🧘 Patience is power. Wait for confirmation beyond resistance.
"Is Nifty Gearing Up for a Bullish Move?"Nifty 50 Daily Chart Analysis – 10th April 2025
1. Price Trend and Structure:
Nifty recently faced strong resistance near the 24,000–24,200 zone and has since reversed.
The index is moving within a downward sloping channel, confirming a short-term bearish structure.
The pattern shows lower highs and lower lows, signaling continued bearish pressure.
2. Fibonacci Levels:
A key support zone was tested around 21,964, corresponding to the 0.618 Fibonacci retracement level.
If this level fails to hold, the next downside targets could be near 21,500 and then 20,800 (based on Fibonacci extensions).
3. Support and Resistance:
Immediate support: 21,964
Immediate resistance: 22,918 to 22,953 (horizontal level and EMA confluence)
A breakout above 23,000 would be a signal for potential trend reversal or bullish momentum.
4. EMA Stack Strength Meter:
The EMA histogram is turning deep red, indicating bearish alignment of exponential moving averages.
Momentum is clearly negative, with no strong bullish signs yet.
5. ADX Meter Line:
The ADX-based meter shows predominantly red bars.
This indicates rising trend strength, but with the -DI being stronger than +DI, confirming bearish dominance.
Very few green bars suggest limited bullish activity.
Expectations:
As long as Nifty stays below the 22,950–23,000 zone, the bias remains bearish to sideways.
A break below 21,964 could open further downside toward 21,500 or even 20,800.
Sustained recovery and a close above 23,000, along with rising ADX and +DI dominance, would be needed to confirm a bullish reversal.
Key Factors to Monitor:
Price action at the channel support.
Direction of ADX and DI lines.
Volume activity on any potential bounce.
Nifty Intraday Support & Resistance Levels for 11.04.2025🔄 Recap since last update (21.03.2025):
Nifty rallied to a high of 23,869.60 on 25th March, right into the Weekly Supply Zone highlighted earlier — and then the storm hit. Triggered by Trump’s tariff announcements, Nifty crashed over 2,000 points in just 8 sessions, bottoming out at 21,743.65 on 7th April.
🌍 Global markets have since remained highly volatile. Interestingly, Dow Futures have bounced back 4,000 points (10%) from their lows and are now hovering around 40,700 (while writing this).
⚠️ With the looming Trade War, expect continued volatility across global and Indian markets. Be nimble and cautious.
📅 On Wednesday (Weekly Expiry):
Nifty opened gap-down, moved in a tight range between 22,468.70 and 22,353.25, and closed at 22,399.15, down 137 points from the previous session.
🔹 Trend Analysis:
Weekly Trend (50 SMA): Sideways
Daily Trend (50 SMA): Sideways
📉 Demand/Support Zones
Near Support (30m): 21,964.85 – 22,080.85
Near Demand/Support (75m): 21,814.35 – 22,037.80
Far Support: 21,281.45 (Low of 4th June 2024)
Far Demand/Support (Daily): 20,769.50 – 20,950
📈 Supply/Resistance Zones
Near Supply (Gap Zone - Daily): 22,697.20 – 22,904.45
Far Supply (Daily): 23,145.80 – 23,350
Far Supply (Daily): 23,412.20 – 23,649.20 (Inside Weekly Supply)
Far Supply (Weekly): 23,412.20 – 23,869.60
Far Supply (Weekly): 24,180.80 – 24,792.30
🔍 Outlook:
Nifty has shown signs of stabilization post the sharp fall, but the presence of a Daily Gap Zone at 22,697 – 22,904 will be the first hurdle for bulls. If this gets cleared with volume, we could see a climb toward 23,145–23,350.
However, global uncertainties and overhead supply zones suggest a sell-on-rise approach may be more appropriate in the short term. Stay agile and manage risk diligently.
📢 Disclaimer: This analysis is for educational purposes only and not investment advice. Please do your own research or consult a financial advisor before making trading decisions.
Nifty 50 Forecast with NEoWave(Update)While many analysts thought that the NIFTY50 correction was over, the index is still moving towards the specified targets. The reason I did not update the index was that we had not yet received confirmations of the end of the correction.
It seems that the minimum target for the NIFTY50 index is the same number as I mentioned earlier and after reaching the target, we will check whether the correction is over or will continue to decline.
The pattern is still diametric and we only changed the position of the labels (c)-(d)-(e). If 23879 is broken strongly, we can say that the NIFTY50 correction is over.
Previous analysis
Nifty 50:Nifty 50:
The index has failed to hold our previously mentioned support @ 22300.
A gap of 575 points has also been left down.
What happened?
The previous support @ 21700 was bought in.
Followed by the short covering which also led to the formation of a strong bullish candle.
What next?
We have to wait for the next few days candle to verify the volume and momentum follow up.
The gap could act as a significant resistance, trapping the buyers.
Cheers
Nifty 50 Weekly Analysis: Key Levels & Trend OutlookWeekly Recap:
The Nifty 50 closed the week at 22,904.45, marking a significant decline of -2.61%.
Key Weekly Levels for Next Week
Price Action Pivot Zone:
The crucial zone to watch for any potential reversals or trend continuation is between 22,829 and 22,980
Support & Resistance Levels:
Support Levels:
S1: 22,609
S2: 22,303
S3: 21,928
Resistance Levels:
R1: 23,209
R2: 23,513
R3: 23,870
Market Outlook:
Bullish Scenario: A sustained move above 22,980 could attract buyers, driving Nifty towards R1 at 23,209 and possibly higher.
Bearish Scenario: If 22,829 fails to hold, the market could witness further selling, driving Nifty towards S1 at 22,609 and possibly lower.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Please conduct your own research or consult a financial advisor before making any trading decisions.
NIFTY Correction To Continue? 22414 - 21964 ?Just Before US Tariff Announcement, Indian Markets have broken the Trend Line started in September 2024 from down side and on the path to recovery.
After the Tariff Announcement, Japan, EU and US markets have bled and Indian market was not an exception.
Under Normal conditions, NIFTY is expected to reverse the correction and move upwards from 0.618/0.5 Fibonacci Levels. But NIFTY has broken these levels and closed below 0.5/50% level i.e. 22917.
This close 22904 is even below 20 DMA.
Coming week the Tariffs and Counter Tariffs are going to come into effect. So this down trend is expected to continue.
So immediate levels on down side for a possible Support are 22414 & 21964 (Previous Swing Low).
Brace Yourself For a Bumpy Ride!!