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Niftytradesetup

Down by 55% now, one should you buy or avoid it !Here in Aavas Financiers are already declined by 55% in the last few months and currently trading at the 1353 level with strong support at 1335 & 1330. Look like it will take reversal from this level now and again fly high for a strong target as below : Buy Above 1385 level on a closing basis Target 1 - 1510 Target 2 - 1588 Target 3 - 1700 Strict Stop loss - 1300 Please consult your financial advisor before taking any trade on my analysis.
NSE:AAVASLong
by smartmarketview
Nifty Intraday (05-Jul-2024)The image is a chart displaying the 15-minute price movements of the Nifty 50 Index for July 3rd and 4th, 2024. It includes technical analysis with marked buy and sell signals: -Buy Signal: A suggestion to buy above 24,350 with a target open for 24,450 or more. -Sell Signal: A recommendation to sell below 24,275 with a target of 24,125 or lower. The chart also shows the 20-period Exponential Moving Average (EMA), which helps traders gauge the trend direction and potential support or resistance levels.
NSE:NIFTY
by Praveenmor7
NIFTY INTRADAY ANALYSIS FOR 4TH JULY 2024BUY ABOVE - 24300 SL - 24230 TARGETS - 24380,24450,24520 SELL BELOW - 24230 SL - 24300 TARGETS - 24160,24060,23990 NO TRADE ZONE - 24230 to 24300 Previous Day High - 24300 Previous Day Low - 24230 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. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. 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 👍
NSE:NIFTY
by Jagadheesh_JP
HDFC BREAKOUT Hi guys, Its me Guruzzz HDFC Breakout A "breakout" in the context of stock trading typically refers to a situation where the price of a stock moves above a resistance level or below a support level with increased volume. For HDFC (Housing Development Finance Corporation), a breakout could signify a significant upward or downward movement in the stock price, suggesting potential buying or selling opportunities for traders. Indicators of a Positive Breakout: Price Movement: If HDFC’s stock price breaks above a key resistance level, it indicates a bullish trend. Volume: Increased trading volume during the breakout confirms the strength of the movement. Technical Indicators: Positive signals from technical indicators such as moving averages, RSI (Relative Strength Index), and MACD (Moving Average Convergence Divergence) can support the breakout. Positive Words About HDFC Strong Financial Performance: Consistent Growth: HDFC has demonstrated consistent growth in revenue and profitability over the years, reflecting its robust business model and strategic vision. Solid Asset Quality: The company's focus on maintaining a high-quality loan portfolio has ensured minimal non-performing assets (NPAs), contributing to financial stability. Market Leadership: Industry Leader: HDFC is a market leader in the housing finance sector in India, with a strong presence and extensive reach across the country. Reputation and Trust: The brand is synonymous with trust and reliability, having established a strong reputation among customers and stakeholders. Innovation and Adaptability: Technological Innovation: HDFC has been at the forefront of adopting technology to enhance customer experience, streamline operations, and improve efficiency. Product Diversification: The company offers a wide range of financial products and services, catering to various customer needs and preferences. Strong Management Team: Experienced Leadership: HDFC's leadership team comprises experienced professionals with a deep understanding of the financial industry, driving the company's strategic initiatives. Visionary Strategies: The management's forward-thinking strategies have enabled HDFC to navigate market challenges and capitalize on growth opportunities. Corporate Governance and Social Responsibility: Robust Governance: HDFC adheres to high standards of corporate governance, ensuring transparency, accountability, and ethical practices. Social Impact: The company is committed to corporate social responsibility (CSR) initiatives, contributing to social development and community welfare. Conclusion HDFC's breakout indicates potential positive momentum in its stock price, driven by strong financial performance, market leadership, innovation, experienced management, and commitment to corporate governance and social responsibility. These attributes make HDFC a reputable and reliable company in the financial sector. 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.
NSE:HDFCBANKLong
by Guruzzz
NIFTY INTRADAY LEVELS FOR 3rd JULY 2024BUY ABOVE - 24160 SL - 24060 TARGETS - 24240,24330,24450 SELL BELOW - 24060 SL - 24160 TARGETS - 23990,23900,23800 NO TRADE ZONE - 24060 to 24160 Previous Day High - 24240 Previous Day Low - 24060 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. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. 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 👍
NSE:NIFTY
by Jagadheesh_JP
NIFTY - Trend ContinuationAs it happens there seems to be some strength left in the bullish cycle. This is based on the fact that the trendlines that were resisting till now can't hold it anymore & need much stronger resistance which is where the market is headed (to 24,300 levels) All of this analysis is attributed to the development of interim weekly correction that collapsed the overall wave analysis done earlier (it calls for an additional 3 waves --> UP-DOWN & UP) Strategy: Long only if the market stays above 23,680 with a limited position only SL: 23,620
NSE:NIFTYLong
by WDG_Dinesh_Gengarajan
Nifty Intraday (02-Jul-2024)An intraday trading chart for the Nifty 50 Index on July 2, 2024, captured in 15-minute intervals. Here's a detailed overview of the chart: Candlestick Format: Utilizes candlestick bars to depict price action for each 15-minute period, indicating open, high, low, and close prices. Exponential Moving Average (EMA): A blue line representing the 20-period EMA is visible, which helps traders identify the trend's direction and dynamic levels of support or resistance. Trading Signals: -Buy Signal: A green arrow points upwards, suggesting to buy if the Nifty exceeds 24,150, with an open target potentially reaching or surpassing 24,275. -Sell Signal: A red arrow pointing downwards indicates a selling opportunity if the index falls below 24,075, with a target of 22,950. Technical Analysis Overview: The chart illustrates the Nifty's price movements within a sideways to an upward trend, using the EMA line as a reference point for potential support or resistance levels. The annotations provide strategic entry and exit points based on specific price thresholds.
NSE:NIFTY
by Praveenmor7
Nifty Intraday (01-07-2024)The image displays a trading chart for the Nifty 50 Index, showing a 15-minute interval, as observed on July 1, 2024. Here are the key features of the chart: Candlestick Format: Each bar represents a 15-minute trading interval with indications of opening, high, low, and closing prices. Exponential Moving Average (EMA): A blue line represents the 20-period EMA, providing insight into the trend's direction and potential support or resistance levels. Trading Signals: -Buy Signal: A green arrow suggests buying if the Nifty moves above 24,035, with an open target above 24,150. -Sell Signal: A red arrow indicates a selling position if the index drops below 23,950, aiming for a target of 23,825. Technical Overview: The chart captures the intraday movement of the Nifty index, illustrating volatility and potential trading zones based on the EMA and past performance.
NSE:NIFTY
by Praveenmor7
NIFTY INTRADAY LEVELS FOR 01/07/2024BUY ABOVE - 24160 SL - 24100 TARGETS - 24280,24380,24480 SELL BELOW - 24010 SL - 24100 TARGETS - 23900,23800,23740 NO TRADE ZONE - 24010 to 24160 Previous Day High - 24160 Previous Day Low - 24010 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. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. 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 👍
NSE:NIFTY
by Jagadheesh_JP
Nifty Important Levels and Trade Plan - 27 JuneKey Levels: 23,890: Major resistance, strong selling pressure observed. 23,750: Intermediate resistance, potential for minor pullbacks. 23,660: Crucial support, frequently tested during pullbacks. 23,600: Strong support, potential base for upward movement. Please note: These levels are intended for intraday trading only. Disclaimer: All information provided is for educational purposes only. We are not SEBI registered. Please consult a SEBI registered financial advisor for your financial matters before making any investment decisions. We are not responsible for any profit or loss incurred. We appreciate your support and engagement. Please like, comment, and follow to provide encouragement. Happy trading! 👍
NSE:NIFTY
by piswingtraders
NIFTY INTRADAY LEVELS FOR 27 JUNE 2024BUY ABOVE - 23890 SL - 23840 TARGETS - 24000,24080,24150 SELL BELOW - 23800 SL - 23840 TARGETS - 23750,23700,23660 NO TRADE ZONE - 23800 to 23890 Previous Day High - 23890 Previous Day Low - 23660 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. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. 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 👍
NSE:NIFTY
by Jagadheesh_JP
NIFTY : Trading Levels and Plan for 27-Jun-2024Here is a detailed trading plan for NIFTY Index on 27-Jun-2024 considering various opening scenarios. The plan includes steps for Gap Up, Flat, and Gap Down openings. **Scenario 1: Gap Up Opening (100+ points)** **Initial Action:** Monitor the price action and volume around the important resistance zone at 23,925.00 - 23,885.55. **Profit Booking Zone:** If the price sustains above 24,105.00, look for opportunities to book profits. **Resistance Rejection:** If the price faces rejection from the resistance zone (23,925.00 - 23,885.55), expect a pullback towards the opening support at 23,703.00 - 23,682.00. **Support Confirmation:** If the price holds above the opening support zone, consider entering long positions with a target towards the resistance zone again. **Breakdown:** If the price breaks below 23,682.00, expect a further decline towards the last support of the current trend at 23,610.00 - 23,584.00. **Scenario 2: Flat Opening** **Initial Action:** Observe the price action and volume in the sideways and profit booking range (23,885.55 - 23,801.49). **Breakout Entry:** If the price breaks above 23,925.00 with strong volume, enter long positions targeting the profit booking zone (24,105.00 - 24,151.00). **Range Trading:** If the price remains in the sideways range (23,885.55 - 23,801.49), consider scalping opportunities within this range. **Support Test:** If the price drops towards the opening support (23,703.00 - 23,682.00), look for a reversal signal to enter long positions. **Breakdown:** If the price falls below 23,682.00, expect a move towards the last support of the current trend at 23,610.00 - 23,584.00. **Scenario 3: Gap Down Opening (100+ points)** **Initial Action:** Evaluate the price action and volume around the opening support at 23,703.00 - 23,682.00. **Support Reversal:** If the price finds support and reverses from this zone, consider entering long positions targeting the sideways range at 23,801.49. **Breakdown Continuation:** If the price fails to hold the support and breaks below 23,682.00, prepare for a further decline towards the last support of the current trend at 23,610.00 - 23,584.00. **Extended Support:** In case of further weakness, watch the extended support zone at 23,559.00 for potential reversal opportunities. **Recovery Signal:** If a recovery signal appears above the last support zone, consider entering long positions targeting the opening support again. **Summary and Conclusion** For 24-Jun-2024, closely monitor the key levels and price action for potential trading opportunities. In case of a gap up opening, watch the resistance zone and look for profit booking opportunities. For a flat opening, trade within the sideways range and look for breakout or breakdown signals. In the event of a gap down opening, focus on the support levels for potential reversals or continuation patterns. **Disclaimer:** I am not a SEBI registered analyst. This plan is for educational purposes only and not an investment advice. Always conduct your own research and consult with a professional financial advisor before making any trading decisions. Good luck with your trading on 27-Jun-2024!
NSE:NIFTYShort
by LiveTradingBox
NIFTY INTRADAY LEVELS FOR 26 JUNE 2024BUY ABOVE - 23750 SL - 23700 TARGETS - 23800,23870,23930 SELL BELOW - 23700 SL - 23750 TARGETS - 23660,23610,23570 NO TRADE ZONE - 23700 to 23750 Previous Day High - 23750 Previous Day Low - 23570 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. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. 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 👍
NSE:NIFTY
by Jagadheesh_JP
Nifty Intraday (26-06-2024)Price Levels: The Nifty is trading at 23,721.90, with the high and low for the session being 23,754.15 and 23,715.30, respectively. Exponential Moving Average (EMA): A 20-period EMA is plotted on the chart with a value of 23,656.26. Support and Resistance Levels: The chart displays several horizontal lines indicating key levels: 23,731.65 23,665.85 23,570.05 23,385.50 Trading Signals: Buy Signal: "Buy Above 23,750; Target Open for 24,000" indicated by a green arrow pointing upward. Sell Signal: "Sell Below 23,665; Target 23,500" indicated by a red arrow pointing downward. The chart is likely used for intraday trading strategies, providing specific levels to enter buy or sell positions based on the Nifty 50's price movements.
NSE:NIFTY
by Praveenmor7
NIFTY - High probability Correction ahead..!!!The move testing the highs of 21st JUN is about to conclude, following which the correction begins in one larger degree. the trendlines & supports can be seen in the charts Important points of support will be, SI - 22,665 SII - 22,535 to hold temporarily SIII - 22,130 ~ 21,830 SL - Any higher moves beyond 23,750 PS: The correction has equally arguable alternate probabilities, to be exact 2. 1. The correction from 20MAR'23 (16,828 levels) - A LP Outcome 2. The Possibility of an extending triangle - meager probable outcome. *The discussed outcome is highly probable among all these. However, the data from the market's forthcoming sessions are mandatory for confirming the same - to eradicate the alternatives!!! Short positions can be taken from 23,690 ~ 23,700 levels Trade Accordingly.
NSE:NIFTYShort
by WDG_Dinesh_Gengarajan
NIFTY - A clear Swing correctionAs mentioned before the logic remains valid for today. the market is expected to inch higher to the levels mentioned below & after which the correction progresses. The levels RI - 23,526 (1.382 FE) R II - 23,580 ~ 23,598 (TL (mid) Intersection - very strong); a SHORT trade here is rewarding!!! RIII - 23,636 (1.414 FE); highly unlikely to be tested in this move SL: Any surge above 23,640 will make the trade void (however, the confidence is so strong that this will not be the case). TP: will be updated in succeeding posts(the presence of ambiguity due to 2 possibilities, progression in correction will help to sort it out!). Trade accordingly
NSE:NIFTYShort
by WDG_Dinesh_Gengarajan
Nifty Intraday (25-06-2024)The chart you've provided is a 15-minute intraday chart for the Nifty 50 Index. Here are the key details and levels: Key Levels and Zones: No Trade Zone: Marked in purple, indicating a range where trading is not recommended. Buy Above 23560: Target 23650+. Sell Below 23500: Target 23385. Observations: -The chart includes a 20-period Exponential Moving Average (EMA). -Support and resistance levels are clearly marked: -Resistance at 23,632.10. -Support at 23,432.10 and 23,336.35. Trading Strategy: Buy Strategy: -Enter a long position if the price breaks above 23,560. -Target a move to at least 23,650 or higher. Sell Strategy: -Enter a short position if the price breaks below 23,500. - Target a move to at least 23,385. If you need further analysis or another specific task related to this chart, feel free to ask!
NSE:NIFTY
by Praveenmor7