Weekly Analysis 19th Jan 2025 | Nifty | BankNiftyWeekly Analysis 19th Jan 2025 | Nifty | BankNifty | Vishal Megamart | Kitex Garments | Siyaram Silks | EPACK | Orient Technologies05:32by nikunjagrawalla050
Nifty January 4th Week AnalysisNifty is looking weak. Any short covering would become a sell-on-rise scenario for bears unless Nifty crosses and sustains above 23470. On the downside, if Nifty breaches 22750, then it would be testing imp levels of 22630-22300. All levels are marked in the chart posted.Shortby IshanMathur050
#Nifty50 Market Update: A Week of Weakness and What Lies Ahead This week, Nifty closed at 23,203, down by 228 points from the previous week's close. It touched a high of 23,391 and a low of 23,047, reflecting a volatile yet cautious market sentiment. The candlestick pattern for the week is indicative of weak market sentiment, signaling growing bearish pressure. As highlighted last week, the market saw a bounce used by institutional players to offload their positions, leading to a sharp pullback. The Nifty was confined within the range of 23,950 to 22,900, as anticipated. Looking ahead, I expect Nifty to continue oscillating between 23,750 and 22,700 in the coming week. From a monthly perspective, the market remains in a selling phase, and until either the monthly or weekly timeframes shift into the buying zone, or Nifty tests key support levels near 22,400/22,300, the bears will likely maintain control. S&P500 Update: Recovery with Caution Over in the US, the S&P 500 has bounced back from the lows of 5,773 and closed just below the critical Fibonacci resistance level of 6,013. If the index manages to stay above 6,013 next week, we could see it testing higher resistance levels around 6,100. However, expect potential selling pressure to kick in on Monday, and if the index dips below 5,900, it could test key support levels at 5,821, 5,773, or even 5,700. Bottom Line: Brace for Volatility Ahead In conclusion, selling pressure is expected to persist in the markets for the time being. Traders should prepare for a bumpy ride as we navigate through these volatile conditions. Stay alert, manage risk, and keep an eye on critical support and resistance levels. Shortby ssudhirsharma110
NIFTY INDEX INTRADAYNIFTY INDEX INTRADAY The Nifty Index is currently showing intraday resistance levels at 23,300 and 23,500, while support levels are at 23,100 and 22,800. The global market is also showing an upside trend, which could positively influence the Nifty Index Long07:03by comprehensiveS686040
NIFTY S/R for 20/1/25Support 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 zenthosh1
NIFTY50 @ 200 Day SMAToday we are plotting the US Dollar Index vs NIFTY50 (the top 50 Market Cap stock from India). India was one of the favourite in 2023 and 2024 has fallen out of favour. As the Dollar index is making new highs, NIFTY50 is making 20-Day, 50-Day, 100-Day and 200-Day Simple moving average . But 200-Day SMA has acted as a support and the index has jumped up form those price points. Will this time it will be different ? The Dollar index is going from a risk reversal and heading downwards. So this can be a tailwind for NIFTY50. Longby RabishankarBiswal0
Nifty Trade SetupHello, Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum. Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend. Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios. Details is Mentioned in Chart, Read carefully.. .Shortby OptionCallPro0
NIFTY and BANKNIFTY Analysis for 17th Jan Hi All, Sharing my analysis in NIFTY and BANKNFTY for 17th Jan. HOpe you enjoy it.03:02by bhabtoshojha1
NIFTY 50 Nifty may test the level of EMA 100 Levels 21923 In the past, The actual buying begins from 21300-21250, However, if the market continues to sell, then it is likely to test, bcz of the volatility Zone. secondly, the market break the support level 21500. It could touch the given levels. Period - 3 Months Shortby goldysoni7990
TODAY ANALYSIS 16-01-25 NIFTY EXPIRYMarket open with gap up and show selling pressure all seller short call which show market goes downside and another thing is its fill gap in chart act as resistance..Shortby Sajid88771
The perfect example of Head and Shoulders patternJust wanted to show you guys how this pattern worked out in Nifty this time. Shortby RT101040
NIFTY & BANKNIFTY AnalysisHi All, Shared my analysis on Nifty and Banknifty and have corelated with Dow zones. Hopefully you enjoy it.10:38by bhabtoshojha1
NIFTY S/R for 16/1/25Support 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 zenthosh3
Nifty Review & Analysis - DailyPrice Action : Nifty saw traded whole day in range of 150 points like previous day. Can saw side ways or consolidation. Take away is closed in positive. Technicals: Nifty traded whole day in a narrow band of 150 points with volumes less than average. The index formed a doji ( meaning indecisiveness )trading below the 10, 20, 50, and 200-day EMAs. The momentum indicators, RSI (Relative Strength Index at 36), and MACD (Moving Average Convergence Divergence) remains below the zero line, indicating weakness still persists. Support/Resistance Major Support 23000 Immediate Support 23150 Immediate Resistance 23300 Major Resistance 23450 Trend: Nifty in sideways to bearish Options Data: Weekly Options data suggests huge Call build up at 23300 levels suggesting major Resistance 22200 levels saw little Put Writing suggesting small Support. PCR improved to 0.8 Futures Data: FII Long/Short ratio came down to 17% Nifty Futures saw little increase with small increase in Open Interest suggesting Long addition Outlook for Next Session: Nifty might consolidate while stocks perform based on results. Approch: No Trade till 23350 or 23100 convinsingly taken out. Wait for today’s Low or High to break for further direction My Trades & Positions: no positionsby Sandeep_CA0
23K has emerged as a good support zone for Nifty. As of now the 2 day's positive closing has given hopes of 23K levels being a good support zone. However there are 4 major hurdles in the path of Nifty before it can move ahead with full force. Reliance result tomorrow can be of some help to Nifty if at all it is positive. On the other hand if Reliance result is negative it can be a major hurdle looking at the weightage of the script in the index. US Inflation data to be announced later tonight can also give a direction to the markets all over. FII selling pressure can diminish if Dollar falls and Rupee starts making a steady gain. After making a high of 86.69 2 days back USD is currently at 86.34 declining a bit which has increased optimism in the mood of market. Market Mood index is at 33.25 and has recovered from Extreme fear zone and has entered the fear zone. Supports for Nifty remain at: 23053, 22663 and 22376 levels. Below 22376 Bears can drag Nifty further down by another 400 to 1000 points. Resistances for Nifty remain at: 23283, 23397 (Mother line resistance), 23598, 23803 (Father line resistance), 24198 and finally 24802 levels. Bulls can be back in the game truly after closing above 24802 level only. 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 decisionby Happy_Candles_Investment0
ShortI am currently reassessing my targets for the Nifty. If the level of 23,080 is breached and the index closes below this support, I will adjust my target to around 20,200, as this would indicate a more significant market correction is underway. This level aligns with the 50% Fibonacci retracement of the recent rally, which further strengthens the case for this correction. In my view, this level is not only plausible but inevitable, given the current market dynamics. The broader market is signaling a potential major top, which suggests that the risk of further downside is increasing. In this environment, simply averaging into the market can be highly risky, as it may expose investors to larger losses if the market continues to decline. Instead, I recommend adopting a more strategic approach to portfolio construction, focusing on calculated risks. This means selectively building positions based on strong, risk-adjusted opportunities rather than committing large capital indiscriminately. It’s essential to have a clear risk management plan in place, especially in volatile conditions like the current market environment.Shortby Shivkumar6000
NIFTY | SHORT COVERING | LONG | INTRADAYNIFTY is showing signs of an Intraday short covering reversal trade on the 15 min charts. This is a weak reversal and in no way indicating that bulls are in charge. A 100 point move can be anticipated till the level of 23322 price. SL will the today's low.Longby Sky_Tracer1
nifty the Nifty index! Based on recent analysis, Nifty 50 is expected to face strong resistance around 23,300-23,500 levels. If it manages to break through these levels, it could potentially move higher1. However, if it fails to do so, it might see support around 23,000-22,80003:19by comprehensiveS686040
Nifty for 15 janNifty is in down fall and big sapport from their we can see a small down of 200 point if it opan flat and go's down but if it opens gap up or gap down the scenario will be different So trade carefully On own risk Shortby azwala070
Nifty Review & Analysis - DailyPrice Action : Nifty saw consolidation not breraking previous day’s low. Technicals: Nifty traded whole day in a narrow band with volumes less than average. The index formed a doji, trading below the 10, 20, 50, and 200-day EMAs. The momentum indicators, RSI (Relative Strength Index at 34), and MACD (Moving Average Convergence Divergence) remains below the zero line, indicating weakness still persists. Support/Resistance Major Support 23000 Immediate Support 23150 Immediate Resistance 23260 Major Resistance 23400 Trend: Nifty in sideways to bearish Options Data: Call addition seen at 23200 and 23000 levels suggesting support and no major Put builduo see suggesting some support and no major resistance at near levels at short term PCR improved to 0.8 from 0.7 suggesting support at low levels Futures Data: FII Long/Short ratio came down to 16% Nifty Futures saw 0.5% rise with addition in Open Interest suggesting Long addition Outlook for Next Session: Nifty might consolidate and try higher levels Approch: wait for today’s high to take out in Nifty to go for higher targets. Wait for today’s Low or High to break for further direction My Trades & Positions: no positionsby Sandeep_CA0
Nifty Elliot Wave AnalysisNifty Elliot Wave Analysis- Nifty appears to have completed the Downward correction. It is now expected to be continuing the Upward Movement.Longby I_SHUBH_AM1
Nifty Elliot wave Analysis- Expected to continue upward journeyNifty Elliot wave Analysis- Expected to continue upward journeyLongby I_SHUBH_AM1
Nifty buy conditions buy nifty now , 70% chance to hit said area, DM ME for perfect tp winning tradesLongby Be-strong2