#NIFTY Intraday Support and Resistance Levels - 06/11/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19250 level and then possible upside rally up to 19350 & This rally can extend another 100-120 points if market gives breakout of 19370 level in today's session. in case nifty trades below 19210 level then the downside target can go up to the 19090 level.
Niftyprediction
NIFTY INDEX OUTLOOKNSE:NIFTY
Nifty 50, in the hourly chart, is in the final leg of correction, forming a zigzag corrective pattern of 5-3-5. It has completed wave 3 of wave C at 18837.85. A triangle pattern is in formation in wave 4 of wave-C, which can go up to 19315 - 19360 region. For major correction to complete, Nifty 50 is likely to form a new low of wave 5 of wave C between 18740 - 18640, where it also has gap support.
CRUCIAL LEVELS
INTRADAY: 19244, 19235
DAILY:19195, 19125
NIFTY--19000 or 19300I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
They serve as key reference points for technical analysis
#NIFTY Intraday Support and Resistance Levels - 03/11/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19170 level and then possible upside rally up to 19270 & This rally can extend another 100-120 points if market gives breakout of 19290 level in today's session. in case nifty trades below 19130 level then the downside target can go up to the 19010 level.
NIFTY INTRADAY LEVELS FOR 03/11/2023BUY ABOVE - 19170
SL - 19110
TARGETS - 19230,19330,19380
SELL BELOW - 19070
SL - 19110
TARGETS - 19030,18970,18930
NO TRADE ZONE - 19070 to 19170
Previous Day High - 19170
Previous Day Low - 19070
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY--Inverse H&S PatternI am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
They serve as key reference points for technical analysis
NIFTY INTRADAY LEVELS FOR 02/11/2023BUY ABOVE - 19030
SL - 18970
TARGETS - 19090,19150,19260
SELL BELOW - 18930
SL - 18970
TARGETS - 18890,18850,18800
NO TRADE ZONE - 18970 to 19030
Previous Day High - 19090
Previous Day Low - 18970
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY detailed Prediction analysis for 2nd Nov NIFTY was quite Bearish yesterday as we discussed the levels and trendlines respected quite well. A trendline is broken to downside and selling presure was more to downside, by looking of the trend yesterday nify seems bearish for this week.
Reason:
200 EMA Resistance (Good Resistance) (Bearish)
Price Action Resistance (Red Zone upside) (Bearish)
Yesterday Heavy selling presure
Price < (13,50) EMA (shows bearish)
PCR = 0.68 (mild Bearish), MAX Pain = 19100
RSI < 40 (Bearish)
Verdict:
Bearish
Plan of action:
as its expiry it might be sideways. so play based on levels
#NIFTY Intraday Support and Resistance Levels - 02/11/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19000 level and then possible upside rally up to 19100 Level. & this rally can extend another 100-120 points if it gives breakout of 19120 level in today's session. in case nifty trades below 18970 level then the downside target can go up to the 18850 level.
NIFTY Analysis/Prediction for tomorrow expiry 02-11-2022NIFTY Analysis/Prediction for tomorrow
If market opens flat / Gap-Down
🟢 Avoid CE
🔴 Buy PE Near 19035
✔️ Target Should be 18940, 18890, 18830
If market opens with more than 100 points gap
then wait for price action and trade after one hour in same direction.
Trade in Next Expiry
Important Notes:
🚨 Gap-UP & Gap-Down more than 100 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 60 points wait for a pullback.
⚠️ Wait for the 5-minute candle to close for confirmation.
⚠️ Trade Like Either SL or Target.
⚠️ Important: Always maintain your Risk & Reward Ratio.
Disclaimer:
I am not SEBI Registered Advisor.
My posts are purely for training and educational purposes.
NIFTY INTRADAY LEVELS FOR 01/11/2023BUY ABOVE - 19150
SL - 19070
TARGETS - 19260,19330,19380
SELL BELOW - 19070
SL - 19150
TARGETS - 19020,18940,18890
NO TRADE ZONE - 19070 to 19150
Previous Day High - 19230
Previous Day Low - 19070
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
#NIFTY Intraday Support and Resistance Levels - 01/11/2023Nifty will be gap down opening in today's session. After opening nifty start trading below 19070 level and then possible downside rally up to 18950 in today's session. in case nifty trades above 19100 level then the upside target can go up to the 19220 level.
NIFTY Prediction today 1st Nov 23NIFTY was quite Bearish yesterday as we discussed the levels and trendlines respected quite well. a short trendline is broken to downside and selling presure was more to downside, by looking of the trend yesterday nify seems bearish for this week.
Reason:
200 EMA Resistance (Good Resistance) (Bearish)
Price Action Resistance (Red Zone upside) (Bearish)
Yesterday Heavy selling presure
Price < (13,50) EMA (shows bearish)
PCR = 0.75 (mild Bearish), MAX Pain = 19100
RSI > 40-60 (Sideways)
Verdict:
Bearish
Plan of action:
look for initially 15 min. follow the trend. Sell high levels.
NIFTY S/R LevelsI am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
They serve as key reference points for technical analysis
NIFTY Analysis/Prediction for tomorrow 01-11-2023NSE:NIFTY Analysis/Prediction for tomorrow
If market opens flat or Gap-Up (below 19140)
🟢 Avoid CE
🔴 Buy PE Below 19050
✔️ Target Should be 18940
If market opens gap-Down
🟢 Avoid CE
🔴 Buy PE near19050 or Below 18940
✔️ Target Should be 18940, 18825
Important Notes:
🚨 Gap-UP & Gap-Down more than 100 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 60 points wait for a pullback.
⚠️ Wait for the 5-minute candle to close for confirmation.
⚠️ Trade Like Either SL or Target.
⚠️ Important: Always maintain your Risk & Reward Ratio.
Disclaimer:
I am not SEBI Registered Advisor.
My posts are purely for training and educational purposes.
#NIFTY Intraday Support and Resistance Levels - 31/10/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19170 level and then possible upside rally up to 19290 in today's session. in case nifty trades below 19130 level then the downside target can go up to the 19010 level.
NIFTY INTRADAY LEVELS FOR 31/10/2023BUY ABOVE - 19160
SL - 19100
TARGETS - 19260,19330,19380
SELL BELOW - 19080
SL - 19130
TARGETS - 19020,18940,18890
NO TRADE ZONE - 19080 to 19160
Previous Day High - 19160
Previous Day Low - 18940
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Nifty Downtrend Consolidation 30-10-23Hey Folks My nifty Update is here
As we can see we are retestion the previous low of 25th october and can see the sellers moving in .We can see lots of side ways action for some days or maybe more downward continuation
As we can see the rsi levels are oversold buyers should starting to develop the interest but for short term my target is around 18900 like i can see it going there in monday if we didnt get some news that may reverse the trend
NIFTY Analysis/Prediction for tomorrow 31-10-2023NSE:NIFTY Analysis/Prediction for tomorrow
If market opens flat
🟢 Buy CE near 19100
✔️ Target Should be 19220
🔴 Buy PE Below 19075
✔️ Target Should be 18980
If market opens gap-UP (Above 19190)
🟢 Buy CE above 19255
✔️ Target Should be 19350
🔴 Buy PE Below 19140
✔️ Target Should be 19075, 18980
If market opens gap-Down (below 19100)
🟢 Avoid CE
🔴 Buy PE Below 19070
✔️ Target Should be 18980
Important Notes:
🚨 Gap-UP & Gap-Down more than 100 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 60 points wait for a pullback.
⚠️ Wait for the 5-minute candle to close for confirmation.
⚠️ Trade Like Either SL or Target.
⚠️ Important: Always maintain your Risk & Reward Ratio.
Disclaimer:
I am not SEBI Registered Advisor.
My posts are purely for training and educational purposes.
Nifty - Elliott Wave CountNifty - Elliott Wave Count
It is important to note that the market trend in Nifty has broken and it is likely to decline towards the range of 19000 as long as the level of 19850 remains secure on the upside. If you have previously taken long positions based on our previous view, it is recommended that you square off now and consider switching to short positions with a 19850 stop loss. Long positions can still be considered with caution. Please note that if the market breaks 19850, then the previous view will no longer be valid.
Please note that this information is solely for educational purposes, and it is essential to exercise caution when trading.
NSE:NIFTY NSEIX:NIFTY1! NSE:NIFTY1!
NIFTY--18700 or 19200 ??I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
They serve as key reference points for technical analysis
#NIFTY Intraday Support and Resistance Levels - 30/10/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19080 level and then possible upside rally up to 19200 in today's session. in case nifty trades below 19030 level then the downside target can go up to the 18910 level.