#Nifty Action
As expected, Nifty Wave 2 reached its 61.8% upward target yesterday.
Nifty will move towards its own wave3 goal. Between in 24280 to 24200
NIFTY trade ideas
#NIFTY Intraday Support and Resistance Levels - 22/05/2025Today a flat opening is expected in Nifty. After opening, if Nifty sustains above the 24750–24800 level, an upside movement is likely towards 24850, 24900, and possibly up to 24950+, which will act as a strong resistance zone for today’s session. Any rally reaching this level may witness a reversal.
On the downside, if Nifty starts trading below 24700, a major downside movement is expected towards 24600, 24550, and potentially 24500– levels in today’s session.
Nifty Analysis EOD – May 21, 2025 – Wednesday 🟢 Nifty Analysis EOD – May 21, 2025 – Wednesday 🔴
🌀 The Dead Cat Bounces Effect After Yesterday's Quick Fall 🌀
Nifty opened with a 45-point gap-up and, within the first 10 minutes, that gap was filled—marking a low of 24692.65. From there, a sudden burst of buying pressure launched the index above the 24768–24800 resistance zone in just 25 minutes. This sharp move triggered a round of short covering, propelling Nifty to the day’s high of 24946.20.
As shared live on TradingView, the Fib resistance zone of 24930–24940 (0.764–0.786 levels) was a key level to watch. True to expectation, Nifty faced strong rejection from this zone, leading to a V-shaped reversal—wiping out all gains in the next hour and marking a new low of 24685.35.
🌀 Screenshot from Tradingview - 1
🌀 Screenshot from Tradingview - 2
It was a rollercoaster ride in the first half. Post this, Nifty traded mostly within the CPR’s Top Central (TC) and Bottom Central (BC) range—though this range itself was 104 points, keeping the session active and far from boring.
Nifty’s close at 24813, around the VWAP and Central CPR, suggests a temporary equilibrium between buyers and sellers. The good part? We closed above the critical 24768–24800 support-turned-resistance. But there's a catch—the close is below yesterday’s Fib 0.5 retracement, signaling potential caution.
⚠️ Cautionary Note:In the short-term, today’s session fits the textbook example of a Dead Cat Bounce. With weekly expiry tomorrow, it's wise to stay alert and not get trapped in noise. Discipline and patience will be key.
🛡 25 Min Time Frame Chart
🔄 What’s Next? / Bias Direction
Wide trading range remains intact. But here’s the game plan:
📈 Long Setup:Above 24850, watch for strength with targets:→ 24920→ 24980→ 25075
📌 Above 25075, sharp short covering can drive price towards 25222 (Yes, it’s far—but good traders plan ahead, always).
📉 Short Setup:Below 24640–24625, weakness may extend down towards:→ 24500→ 24460
Let price action confirm.
🛡 5 Min Intraday Chart
🥷 Gladiator Strategy Update
Strategy Parameters
ATR: 324.57
IB Range: 151.65 → Medium IB
Market Structure: Balanced
Trade Highlights
✅ 1st Long Trigger: 10:05 AM – Target Achieved (R:R = 1:1.5)
💼 Total Trades: 1
🕯 Daily Time Frame Chart
🔍 Support & Resistance Levels
🔺 Resistance Zones:
24,882
24,920
24,980 ~ 25,000
25,062 ~ 25,070
🔻 Support Zones:
24,768 ~ 24,800
24,660
24,640 ~ 24,625
24,590
24,530 ~ 24,480
24,460
✍️ Final Thoughts
"Volatility doesn’t trap the prepared, it challenges them."
Tomorrow being expiry, let the levels speak. Stay objective, stay adaptive.
✏️ Disclaimer
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
NIFTY analysis for 22nd and 23rd May, 2025H1 And M15 trends are bullish.
M15 corrective move going to finish.
After inducement (X) taking, M15 corrective trend must mitigate the extreme OB (order block). After M15 OB mitigation wait for lower time frame (i.e. M3 or M1) CHoCH or flip then plan for long entry, that will be M15 and H1 impulsive move or intraday bias.
Educational Video: Nifty Outlook-How Technical analysis is done.We have tried to draw a parallel channel on Nifty hourly chart. The chart indicates that we are just below the mid channel line. The mid channel line will act as a resistance if the price is below the same and will act as a support if the price is above it. Right now it is acting as a resistance. Top of the channel always acts as a resistance and bottom of the channel always acts as a support. Additionally there are historic resistances and supports which indicate the other levels which may act as support or resistance. There are also Mother and Father lines (50 and 200 EMA)(EMA = Exponential Moving Average).
To understand in detail how parallel channel works or how supports and resistance are derived or what is Mother, Father and Small Child theory. I would recommend you my book The Happy Candles Way to Wealth creation. By reading this book you can understand all these concepts with ease. You can additionally understand what is fundamental and technical analysis and how to do it. You will also get to understand the dos and the don'ts of investment in equity by reading various chapters on Behavioural Finance. Overall it is a value for money book available on Amazon in Paperback and Kindle version. The book is also available on Google play book and other E-book stores. You can also contact us for getting the copy of it. The Happy Candles way is one of the highest rated books in the category and you can go through the reviews of the book on Amazon before purchasing it.
Based on Parallel Channel, Supports and Resistances, Mother Father and Small child theory resistances and supports of Nifty remain at.
Nifty Resistances Remain at: 24815, 24909, 24977, 25045 and 25116. The channel top resistance for the current parallel channel is around 25372.
Nifty Supports Remain at: 24780 (Mother Line Support), 24679 and 24537. The Channel Bottom support is currently around 24396. 24247 is the most important Father line support.
Shadow of the candles currently is neutral. Indicating Nifty can still go in any direction. A pennant like structure (Triangle is also formed). This indicates that Breakout or Breakdown of this triangle or pennant can take Nifty a long way on either side. Nifty is currently squeezing in the pennant with limited space. Usually when the space is limited a Breakout can happen in either direction.
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.
Parallel Channel and other Technicals Explained on a Nifty ChartWe have tried to draw a parallel channel on Nifty hourly chart. The chart indicates that we are just below the mid channel line. The mid channel line will act as a resistance if the price is below the same and will act as a support if the price is above it. Right now it is acting as a resistance. Top of the channel always acts as a resistance and bottom of the channel always acts as a support. Additionally there are historic resistances and supports which indicate the other levels which may act as support or resistance. There are also Mother and Father lines (50 and 200 EMA)(EMA = Exponential Moving Average).
To understand in detail how parallel channel works or how supports and resistance are derived or what is Mother, Father and Small Child theory. I would recommend you my book The Happy Candles Way to Wealth creation. By reading this book you can understand all these concepts with ease. You can additionally understand what is fundamental and technical analysis and how to do it. You will also get to understand the dos and the don'ts of investment in equity by reading various chapters on Behavioural Finance. Overall it is a value for money book available on Amazon in Paperback and Kindle version. The book is also available on Google play book and other E-book stores. You can also contact us for getting the copy of it. The Happy Candles way is one of the highest rated books in the category and you can go through the reviews of the book on Amazon before purchasing it.
Based on Parallel Channel, Supports and Resistances, Mother Father and Small child theory resistances and supports of Nifty remain at.
Nifty Resistances Remain at: 24815, 24909, 24977, 25045 and 25116. The channel top resistance for the current parallel channel is around 25372.
Nifty Supports Remain at: 24780 (Mother Line Support), 24679 and 24537. The Channel Bottom support is currently around 24396. 24247 is the most important Father line support.
Shadow of the candles currently is neutral. Indicating Nifty can still go in any direction. A pennant like structure (Triangle is also formed). This indicates that Breakout or Breakdown of this triangle or pennant can take Nifty a long way on either side. Nifty is currently squeezing in the pennant with limited space. Usually when the space is limited a Breakout can happen in either direction.
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 levels - May 22, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
Nifty 22 May StrangleSELL 25100 CE @ 38 and 24500 PE @ 30
Combined premium 68, SL 98 combined premium
playing on theda decay, should be able to book at opening bell.
Naked strangle - headge buy each side leg at 60% of sell price
Nifty Might Range-Bound until it doesn't break 24950 levelToday 21/05/2025 around 11 O clock Nifty Tested 24950 the push was not above average volume driven that's why market was going to pullback although something absence of sellers comparatively had seen on 13 may u can see on chart but still it required to break 24950 level with good volume for being upward journey, until we expect market may range between 24500-25000.
strong Resistance- 24950-25000
Strong Support -24500
Nifty trend directionNifty 24907 has volume negetive diverged. 24858 will decide the trend. Nifty currently holding above this with V bottom recovery. Need to see if this could sustain
#Nifty PullBack, #Nifty Elliott WaveNifty Subminuette wave 1 ends. Now Wave 2 pull back up really Expect 61.8%(24940-25020)
with in one or two day2
Nifty Analysis EOD – May 20, 2025 – Tuesday🟢 Nifty Analysis EOD – May 20, 2025 – Tuesday 🔴
Breakout Denied. Breakdown Delivered.
📈 Nifty SummaryAfter two sessions of tight-range traps, the long-awaited move finally played out today—and it was all about the bears.
Despite a 50-point gap-up start at 24,996 (just shy of the psychological 25,000 level), Nifty quickly reversed. The open was inside the resistance zone (24,980–25,000), and ignoring a minor 15-point wick, it resembled a classic Open = High (OH) trap.
By 35 minutes into the session, the index had already broken PDL and S1, hitting a low of 24,863, only to bounce 100+ points back toward 24,967—again rejected from just below 25K. This rejection triggered a sharp vertical fall, with a steep 35° downward slope, showing no pause, no VWAP reversion—just pure directional intent.
The downside breach hit multiple key levels:✅ 24,920✅ PDL✅ 24,882✅ 24,800–24,768 zone✅ and finally marked a low of 24,669, right at our 24,660 support level from yesterday’s map.
In yesterday’s report, we noted:
“A move below 24,882 could accelerate downside momentum. All eyes on 24,800 next.”✅ Targets 24,800 and 24,732 both achieved today.
🕯 Daily Time Frame Chart
🕯 Daily Candle Breakdown
Candle Type: Strong Bearish (near Marubozu)
Intraday Range: 340 points
Upper Wick: ~15 pts (negligible)
Lower Wick: ~44 pts (also insignificant vs range)
Candle Interpretation: Textbook bearish Marubozu-type (near full-body)
📉 Closing Concerns:
🔻 Below 24,732, the 0.618 Fib of May 15th candle
🔻 Below May 15 Open
❌ No retracement or end-of-day bounce
These signals point to a structurally weak close and increase the probability of further downside extension.
📊 Bias Going ForwardAs of today, there are no signs of buyers stepping in. If 24,670 (today's low) breaks, it could open the gates to test:
🧨 24,640–24,625 zone (watch closely during IB)
🧨 Below that → 24,535 / 24,500 / 24,480
On the upside, any pullback will face hurdles at:
🛑 24,768–24,800 (strong resistance zone)
🛑 24,882 / 24,920
Let the first half of tomorrow's session guide the tone. Any sustained hold above 24,800 might stall the fall. Else, the drift may continue.
🛡 25 Min Time Frame Chart
🛡 5 Min Intraday Chart
🛡 Gladiator Strategy Update
Strategy Parameters
ATR: 331.49
IB Range: 146.95 → 🟡 Medium IB
Market Structure: ⚖️ Balanced
Trade Highlights
🔻 1st Short Trigger: 11:55 – Trapped, Loss Booked
✅ 2nd Short Trigger: 12:45 – Target Achieved (Risk:Reward 1:3.5)
📊 Total Trades: 2
📍 Support & Resistance Levels
🟩 Resistance Zones:
24,768 ~ 24,800
24,882
24,920
24,980 ~ 25,000
25,062 ~ 25,070
🟥 Support Zones:
24,660
24,640 ~ 24,625
24,590
24,530 ~ 24,480
24,460
🔮 What’s Next?The market has broken key fib and candle support zones from the May 15th rally. If there's no defence early tomorrow, the fall may intensify.
Keep an eye on 24,640–24,625 during IB. Holding above could invite some short covering. But failure here can extend toward 24,500 and below.
🧠 Final ThoughtsThe market gave us what it hinted at yesterday—a fast break once 24,882 gave way. But with no bounce, no defence, and a full-body bear candle—the pressure is still on.
“Markets don't always roar before falling. Sometimes, they whisper, then collapse.”
✏️ DisclaimerThis is just my personal viewpoint. Always consult your financial advisor before taking any action.
NIFTY 50 21.05 • The market is expected to open on a flat to mildly positive note, reflecting a subdued start in Asian markets. However, concerns remain due to significant FIIs outflows, with over ₹10,000 crore sold yesterday—one of the largest sell-offs since February 28, 2025—amid expectations of MSCI index rebalancing.
• Geo-political tensions in the Gulf region have driven crude oil prices above $66 per barrel, while uncertainty around an India–US trade agreement and a decline in US markets add to investor caution.
• The US market fell 0.4% yesterday, marking a pause after a six-day rally due to profit booking.
• European stocks rose for a fourth consecutive day, helped by renewable-energy stocks after US President Donald Trump lifted an order that halted construction on Equinor ASA’s $5 billion project off the coast of New York.
• UK, Germany and France Index gained up to 0.7%.
• Gift Nifty is trading marginally up.
• Results Today : ONGC, PFC, Mankind Pharma, RVNL, Colgate Palmolive, Oil India, Astral, National Aluminium, Ircon International.
Fundamental Pick: (Duration 1 Year)
Dixon Technology : Buy
(CMP 16566 TP 20500)
Technical View:
• NIFTY (Bearish - CMP: 24683) : Nifty immediate support is at 24550 then 24444 zones while resistance at 24850 then 25000 zones. Now till it holds below 24850 zones, profit booking could be seen towards 24550 then 24444 zones while hurdles can be seen at 24850 then 25000 zones.
• BANK NIFTY (Volatile - CMP : 54877) : Bank Nifty support is at 54500 then 54250 zones while resistance at 55250 then 55555 zones. Now it has to cross and hold 55000 zones for a bounce towards 55250 then 55555 zones while a hold below the same could see a further decline towards 54500 then 54250 levels.
Technical Idea:
GAIL : Buy
(CMP 191 SL 186 TGT 201)
Derivative View:
• Option Buying : Buy weekly Nifty 24650 Put till it holds below 24850 zones. Need to watch Bank Nifty 55000 zones for directional Option buying.
• Option Strategy : Nifty weekly Bear Put Spread (Buy 24700 PE and Sell 24500 PE) at net premium cost of 60-65 points. Bank Nifty Bull Call Spread (Buy 55200 CE and Sell 55700 CE) at net premium cost of 180-200 points.
• Option Writing : Sell weekly 24200 PE and 25300 CE with strict double SL. Sell Bank Nifty 53200 PE and 56800 CE with strict double SL.
#NIFTY Intraday Support and Resistance Levels - 21/05/2025Today will be flat opening expected in nifty. After opening if nifty sustain above 24750 level then expected upside movement upto 24950 level. This level will act as a strong resistance for today's session. Any upside rally can reversal from this level. Major downside expected if nifty starts trading below 24700 level. Downside 24500+ level expected in today's session.
NIFTYTommorow opening of nifty is very important. if open flat- Today's low (24916) is very important if any 5 mins candle closses below this level. First support will be near 24800.
if open gap up see a strong 5 min candle above 25000 will be pure buy point for near high.
#Nifty - 1500 Points Move Expected?Date: 20-05-2025
#Nifty Current Price: 24683.9
Mid-Point: 24805.35
Upside Targets: 25645.39, 26048.95, 26515.30 and 26981.65
Downside Targets: 23966.86, 23561.75, 23095.40 and 22629.05
Support: 24371.97
Resistance: 25241.83
Nifty : Riding Bullish Channel or Falling into Correction Zone?📊 Nifty 50 Daily Chart Analysis
**Chart Summary (as of May 13, 2025):**
1. **Index Price:**
Nifty 50 is trading around **24,683.90**, showing a significant drop of **-346.35 points (-1.39%)**.
2. **Trendlines:**
* A **long-term downtrend line** has been broken recently, indicating a **bullish breakout**.
* Post-breakout, the price formed an **ascending channel**, respecting higher highs and higher lows.
3. **Support & Resistance:**
* Strong support levels are observed at **22,792**, **21,880**, **20,262**, and **19,994**.
* Immediate resistance zone near **25,200–25,500**, where price is currently consolidating near the top channel line.
4. **Volume:**
* Volume shows increasing interest on bullish days and profit-booking near resistance.
* Recent red bars indicate **selling pressure**.
5. **Moving Average:**
* The **200-day SMA** is at **24,046**, and the price is well above it — a **bullish signal**.
6. **MACD (Momentum):**
* MACD is showing signs of **bullish crossover fade**, indicating that upward momentum may be cooling.
* Histogram bars are shrinking, suggesting a possible **reversal or consolidation**.
---
Multiple Resistances and Profit bookingMultiple resistances, trend line resistances are acting on Nifty and hampering it's progress. Also there is Profit booking seen across the board in all sectors. Additionally there is a new COVID scare that is spreading in China, Singapore and Hong Kong. These are the factors currently facing Nifty and not allowing it to fly above 25K levels and forcing it in downward spiral.
The resistances for Nifty remain now at: 25234, 25064, 24937, 24780, However we are entering into support zone now.
The supports for Nifty remain at: 24664, 24509, 24259, 23900 (Strong Mother line support of daily chart) and 23576 (Strong Father line support of daily chart).
To know more about importance of Father and Mother line supports and resistances read my book the Happy Candles Way to Wealth Creation. The book is available on Amazon in Paperback and Kindle Version. You can learn about Fundamental and Technical analysis from the book. The book also gives you knowledge about the art of Profit booking and novel ways of stock data analysis. Lot of reviewers consider it a hand book to investing in stock market. Everything is explained in simple jargon free language with examples of Cricket and day to day life which makes understanding of difficult investing concepts very easy. You will not regret buying the book that we can assure you.
As the multiple resistances were very strong this fall / correction / consolidation was bound to happen. As of now this should be seen as a regular market phenomenon only. Bear will become more active only if Father line support is broken. Bulls will become more active only when we get a closing above 25064. Above 25234 is a pure bull territory. Below 23576 is pure bear territory. Right now we are in no man's land.
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 levels - May 21, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
#NIFTY Intraday Support and Resistance Levels - 20/05/2025Flat opening expected in nifty in consolidation zone of 24950-25050 level. No major changes in yesterday's levels. Any strong rally only expected after breakout or breakdown of this zone. Upside bullish rally expected if nifty starts trading and sustain above 25050 level this upside rally can goes upto 25250+ level in today's session. Any major downside rally possible below 24950. Downside 24750 level will act as a strong support for today's session.
Nifty trend directionNifty 23935 has diverged volume Calls oi increased with puts decreases with falling price.fiis have sold 18000 contracts. Though all look bearishnes we suspect could be a trap for call sellers. 23958 will decide if today's drop a trap..
20 may Nifty50 important levels trading zone Nifty50 trading zone
#Nifty50 #option trading
99% working trading plan
👉Gap up open 25060 above & 15m hold after positive trade target 25170, 25333
👉Gap up open 25060 below 15 m not break upside after nigetive trade target 24880, 24663
👉Gap down open 24880 above 15m hold after positive trade target 25060, 25170
👉Gap down open 24880 below 15 m not break upside after nigetive trade target 24670,
Trade plan for education purpose I'm not responsible your trade
More education follow & support me
