#NIFTY Intraday Support and Resistance Levels -06/02/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 21780 level and then possible upside rally up to 21900 level in today's session. in case nifty trades below 21750 level then the downside target can go up to the 21630 level.
Niftytradesetup
Nifty Analysis for Tomorrow |6 FEB 2024 | ELLIOTT BABANifty Analysis & Bank Nifty Prediction for Tomorrow |6 FEB 2024 | Elliott Wave Theory | ELLIOTT BABA
Nifty Analysis & Bank Nifty Prediction for Tomorrow |6 FEB 2024 | Elliott Wave Theory | ELLIOTT BABA
This prediction is for the Nifty Index and it's based on a technical analysis of the market. I'll also be providing an option trading setup for beginners so that you can start trading options today! If you're looking to invest in stocks or options, then this is the video for you!
NIFTY INTRADAY LEVELS FOR 05/02/2024BUY ABOVE - 21920
SL - 21860
TARGETS - 21970,22040,22120
SELL BELOW - 21810
SL - 21860
TARGETS - 21740,21670,21580
NO TRADE ZONE - 21810 to 21920
Previous Day High - 22120
Previous Day Low - 21810
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 👍
NIFTY--Double Top??Nifty index is created a demand zone at bottom levels...
strong consolidation is observed today on top at Supply zone, liquidity grab is also done above the same supply zone...
if it forms a double top here it is likely to test the demand zones lies below 20800 levels
if it failed to make it, then a long continuation may again happens from 21300 levels....
keep safe from this zones.
------------------------------------------------------------------------------------------------------------------
I am sharing the important levels of Support and Resistance. These levels plays 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.
NIFTY INTRADAY LEVELS FOR 02/02/2024BUY ABOVE - 21740
SL - 21670
TARGETS - 21810,21860,21920
SELL BELOW - 21670
SL - 21740
TARGETS - 21580,21530,21470
NO TRADE ZONE - 21670 to 21740
Previous Day High - 21810
Previous Day Low - 21670
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 👍
Analysis for a Swing Position in Nifty.
Price has reacted to the Sourcre Daily Demand and has headed towards its Destination of Daily Supply.
This is the Demand and Supply Equilibrium Curve showing us the levels
As Traders we gotta Buy low and sell high
This is a Buy Trade with a substantial Reward to Risk Ratio.
NIFTY--Gapup or Gapdown??
Price is exactly closed at trendline resistance... which is also a strong resistance...
I am sharing the important levels of Support and Resistance. These levels plays 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.
Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies.
Trade safe...Thank you guys for your support
NIFTY INTRADAY LEVELS FOR 01/02/2024BUY ABOVE - 21740
SL - 21670
TARGETS - 21810,21920,21970
SELL BELOW - 21670
SL - 21740
TARGETS - 21580,21530,21470
NO TRADE ZONE - 21470 to 21740
Previous Day High - 21740
Previous Day Low - 21670
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 👍
Nifty Head and Shoulder on fifteen mins tfNifty has once again given a chance. Head and Shoulder pattern has formed in a 15-minute time frame. Given that it is Budget tomorrow, there is a high chance that we will achieve the targets and then reverse from their trapping bulls like last year. I am going to be very quick in booking profits intraday.
NIFTY--22000 0r 20800 ??I am sharing the important levels of Support and Resistance. These levels plays 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.
Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies.
Trade safe...Thank you guys for your support
Nifty--Consolidation or Bullish??After a strong Bearishness from the supply zone @21700 levels price gives us some retracement to enter again shortside...
If tomorrow price opens up try to be on short side from 21550-21500 levels for targets of 21000 levels.
Liquidity lies above these levels.
If consolidation happens at bottom levels then we have a chance of fallback to the bottom support at 21000 and 20800 levels be tested soon.keep in long from this levels. we have a chance of continuation down side possibility is more,trade with less quantity.
NIFTY INTRADAY LEVELS FOR 30/01/2024BUY ABOVE - 21760
SL - 21680
TARGETS - 21840,21920,21970
SELL BELOW - 21680
SL - 21760
TARGETS - 21580,21530,21470
NO TRADE ZONE - 21680 to 21760
Previous Day High - 21760
Previous Day Low - 21470
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 👍
NIFTY50 INTRADAY LEVELS FOR 29/01/2024BUY ABOVE - 21400
SL - 21330
TARGETS - 21470,21530,21580
SELL BELOW - 21300
SL - 21340
TARGETS - 21250,21210,21130
NO TRADE ZONE - 21300 to 21400
Previous Day High - 21470
Previous Day Low - 21250
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 👍
NIFTY INTRADAY LEVELS FOR 25/01/2024BUY ABOVE - 21470
SL - 21400
TARGETS - 21530,21580,21670
SELL BELOW - 21400
SL - 21470
TARGETS - 21300,21210,21130
NO TRADE ZONE - 21400 to 21470
Previous Day High - 21470
Previous Day Low - 21130
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 👍
NIFTY INTRADAY LEVELS FOR 24/01/2024BUY ABOVE - 21300
SL - 21210
TARGETS - 21420,21480,21530
SELL BELOW - 21210
SL - 21300
TARGETS - 21130,21030,20970
NO TRADE ZONE - 21210 to 21300
Previous Day High - 21750
Previous Day Low - 21210
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 👍
#NIFTY Intraday Support and Resistance Levels -24/01/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 21260 level and then possible upside rally up to 21380 level in today's session. in case nifty trades below 21220 level then the downside target can go up to the 21100 level.