NIFTYSupport and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.Longby akilan147930
NIFTY SL 25350 WCB HOLD FOR 26089-26265LOTS of fear going on that Life High pe kya hoga?? Go with flow & Go with Market. Buy on Dip market keep strict SL 25350 WCB for 26089 - 26265. After giving close above 26285 than review more till that consolidate between 24800-25850 range ... RSI trying to catch up and cross resistance ... Volatility there. So, keep patience and wait for level to trade.. Good Luck. Happy weekend... K.N. : Before investing kindly take consult your advisor.. Longby kevalsonivisionUpdated 1
#NIFTY Intraday Support and Resistance Levels - 27/09/2024Gap up opening expected in nifty near 26300 level. After opening if nifty sustain above 26300 level then possible upside rally upto 26500+ level in today's session. Any downside only expected below 26250 level. 26050 level will act as an important downside support for nifty.by TradZoo10
NIFTY S/R for 27/9/24Support 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. 20 EMA (Exponential Moving Average): Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 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. RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory. Combining RSI with Support and Resistance: Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal. Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset. 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 zenthosh0
NIFTY analysisnifty could open gapup on 27 september will continue rally till 26400 easily then call oi will build up at 26500 can go long till 25400Longby iashishcomputing1
NIFTY INTRADAY ANALYSIS FOR 27/09/2024BUY ABOVE - 26250 SL - 26150 TARGETS - 26350,26460,26560 SELL BELOW - 26150 SL - 26250 TARGETS - 26050,25980,25920 NO TRADE ZONE - 26150 to 26250 Previous Day High - 26250 Previous Day Low - 25980 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 👍by Jagadheesh_JP17
NIFTY : Trading Plan and Levels for 27-Sep-2024Nifty 50 Index Trading Plan for 27-Sep-2024 Previous Day's Chart Analysis: On 26th September, the Nifty 50 index showed strong upward momentum, reaching new highs before entering a "Sideways/Profit Booking Zone." Price action around the all-time high (ATH) resistance near 26,385 suggests potential retracement. Key levels to watch: - Resistance: ATH at 26,385 - Sideways/Profit Booking Zone: 26,246 to 26,184 - Buyer’s Support: 26,029 These levels will play a crucial role on 27-Sep-2024, and the market’s opening scenario will define the trading strategy. --- Opening Scenarios for 27-Sep-2024: Gap-Up Opening (+100 points or more): - If Nifty opens above 26,300: - Strategy: Monitor resistance near ATH (26,385). Expect a pullback to 26,344-26,246 zone. If price sustains above 26,344, consider long scalping toward 26,385 with a stop-loss at 26,344. - Short Opportunity: If rejected from 26,385, initiate short near this level with a target at 26,246. Keep a stop-loss above 26,400, and aim for profit booking around 26,246. Flat Opening: - If Nifty opens around 26,184: - Strategy: Look for consolidation within the “Sideways/Profit Booking Zone.” If the price remains below 26,246, initiate a short position targeting 26,145 and 26,090. Stop-loss should be above 26,246. - Buy Setup: If price breaks above 26,246 with volume, initiate long positions with targets of 26,344 and 26,385. Gap-Down Opening (-100 points or more): - If Nifty opens near 26,090: - Strategy: If the index opens around the support at 26,090, wait for price confirmation. If support holds, initiate long positions targeting 26,145. If 26,090 breaks, avoid longs and look for further downside toward Buyer’s Support at 26,049-26,029. - Sell Setup: If Nifty breaches 26,049, initiate shorts targeting 25,951 with a stop-loss at 26,090. --- Risk Management Tips for Options Trading: - Position Sizing: Keep position sizes small when trading near critical levels like ATH or key support zones. Avoid aggressive bets in volatile conditions. - Hedging: Consider hedging directional positions with options (e.g., buying protective puts). - Time Decay Awareness: Be mindful of theta decay, particularly for same-week expiries. Prefer deep in-the-money options or writing out-of-the-money options to benefit from premium decay. - Discipline in Stop-Losses: Maintain strict stop-losses to manage risks associated with sharp market moves. --- Summary and Conclusion: Nifty 50 faces strong resistance at 26,385 (ATH zone). A rejection here may lead to sideways or bearish movement toward 26,246 or lower levels. However, if price sustains above the Buyer’s Support (26,049-26,029), a bounce back into the profit booking zone is possible. Traders should remain cautious and prepare for market volatility around these key levels. --- Disclaimer: I am not a SEBI registered analyst. The views presented are based on personal technical analysis and are intended for educational purposes only. Please consult a certified financial advisor before making any investment decisions. by LiveTradingBox3
Nifty on a record breaking spree approaches another channel top.Nifty again had a breathless run today and closed at 26216 after making a new all time high of 26250. the scope of growing further looks limited but with lot of large caps picking up pace and rotation from mid cap and small cap stocks towards large caps is helping the Nifty move further. FIIs and DIIs are both on a buying again probably indicating a move towards large caps. Heroes of the day today were Maruti Suzuki, Grasim and Tata Motors along with Bajaj Twins, M&M and Shriram Finance. Large cap banks did not much much but are not relenting as well. The parallel Channel indicates the channel top near 26443 with resistances at 26250 and 26338. Supports for Nifty is near 26029. Again the zone between 25865 and 25812 will be the most significant support as this zone contains the mid channel support along with Mother line support. The rally can turn bearish (Looks less likely as of now but you never say never) below 25282. Shadow of the candles look neutral to positive as of now. 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. 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. 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.by Happy_Candles_Investment1
Nifty Weekly View - Bullish - ( Monthly expiry Week )Nifty50 looks bullish and I expect momentum to continue further upto 26300 , Strong momentum is expected once it crosses 26060. View remains null and void if nifty breaches 25450 on the downside decisively which if happens will update. Before that any dip should be considered as buying opportunity.Longby IshanMathur05Updated 5
Nifty 50 - In its strongest waveNifty 50 is advancing well on its primary wave 3 and demonstrates strong momentum. This primary wave 3 is of cycle wave V, so should inherit properties of wave 3 of cycle III. Aiming to cross 23000, currently it has touched the high probability pullback/retracement level. though previous pullbacks since April 2020 suggest that it may fail to achieve adequate retracement. Overall, I expect this wave to be as strong as the wave that lasted from May 2004 to 2007 and could take the markets to levels unthought of. Waiting for first pullback reversal to open longs.Longby Gjain75Updated 115
NIFTY INTRADAY LEVELS FOR 26/09/2024BUY ABOVE - 26050 SL - 25980 TARGETS - 26150,26250,26320 SELL BELOW - 25920 SL - 25980 TARGETS - 25860,25790,25700 NO TRADE ZONE - 25920 to 26050 Previous Day High - 26050 Previous Day Low - 25860 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 👍by Jagadheesh_JP13
#NIFTY Intraday Support and Resistance Levels - 26/09/2024Flat opening expected in nifty. For today's session in case nifty sustain above 26000 level after opening then there will be bullish rally expected upside upto 26200 level. Downside only expected 25950 level.by TradZoo9
NIFTY : Trading Levels and Plan for 26-Sep-2024Nifty Trading Plan for 26th September 2024 Here is the trading plan based on potential gap openings of 100+ points: 1. Gap-Up Opening (100+ points above 26,040) If Nifty opens above 26,040 but below 26,182, expect some volatility as it may retest the resistance at 26,040 before attempting to breach the 26,182 level. Watch out for a break and close above 26,182 on an hourly candle for bullish confirmation. Targets will be 26,246 (Sideways/Sharp Profit Booking Zone). If rejected from 26,182, expect a pullback towards 26,040. In such a case, profit booking can emerge, and traders should wait for a confirmation before initiating any longs. 2. Flat Opening (Near 26,013) With a flat open near 26,013, Nifty is likely to test the immediate resistance at 26,040. If it fails to sustain above this level, avoid fresh long positions, as the "No Trade Zone" (25,952 - 25,905) could witness a retest. For short trades, wait for a clear rejection from 26,040 and aim for the 25,952 support level. If it breaks above 26,040, look for a confirmation above this level to initiate fresh long positions. Keep a target of 26,182 for the upside. 3. Gap-Down Opening (100+ points below 25,905) In case of a gap-down below 25,905, Nifty may quickly move to the next support at 25,850 or even 25,827. This zone is critical for a possible trend reversal. Aggressive traders can look for buying opportunities near 25,827 with strict stop losses, aiming for a recovery back to the 25,905 mark. If it sustains below 25,827, expect further downside momentum, which could push Nifty towards lower levels. Avoid catching a falling knife—wait for a proper setup for trend reversal. Risk Management Tips for Options Traders Always trade with defined stop losses and avoid holding positions during volatile movements without a clear plan. Monitor the implied volatility (IV) of options, especially during gap openings. High IV may impact option premiums, making risk-reward less favorable. Use "in-the-money" options to reduce the impact of time decay in case of overnight positions. Avoid chasing trades immediately after the open. Let the market settle for 15-30 minutes before entering, allowing you to gauge the real trend. Summary and Conclusion Tomorrow’s price action will largely depend on how Nifty handles the resistance zone at 26,040 and the support at 25,905. Traders should focus on these levels for a potential breakout or reversal. Watch for clear signals to initiate trades. In a highly volatile market like this, managing risk effectively is crucial for long-term success. As always, discipline in executing stop-loss orders and patience in waiting for the right setups are key. Disclaimer: I am not a SEBI-registered analyst. Please conduct your analysis or consult with your financial advisor before making trading decisions.Longby LiveTradingBox2
NIFTY S/R for 26/9/24Support 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. 20 EMA (Exponential Moving Average): Above 20 EMA: If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 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. RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory. Combining RSI with Support and Resistance: Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal. Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset. 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 zenthosh119
Why should I need to plan & trade! If you do not enter trade based on your set-off rules / strategies then you might ended up yourself by putting in wrong place. ✍️ You should note down things like: - What Stock/Index/Currency you want to trade - What time frames suitable for you to trade - When will you enter a trade (based on what strategy/rule) - When will you exit a trade (based on what strategy /rule) - Stop losses – what would be your risk per trade - Take profits and Money management Eventually you should decide what works best for you and explore that part. Your goal should be on longer time frame with sustainable result. 📌 Have your Plan - System and play bold like a Master 🏆by StockGrove0
#NIFTY Intraday Support and Resistance Levels - 25/09/2024Flat opening expected in nifty. After opening it will face strong resistance in between zone of 25950-26000 level. Strong upside bullish rally expected in case nifty starts trading above 26000 level. Downside 25800 level will act as an important support for today's session. Any major downside only expected below this support level.by TradZoo1
NIFTY Resistance 25-Sep-24NIFTY Resistance 25-Sep-24 Evident Resistance between 25800 and 26200 Also the gap is very low between both Resistance. Either it need to decisively break and move up with Global, Local News or To be Careful during this zone. Chance for market might move sideways till Q2 Results (Expected in a span of month)by karthikss0
After making new ATH is it the time for consolidation?Three things can happen from here which usually happen when a new milestone is hit. Either Nifty can consolidate for a while, Either it can test supports till it find it's feet or it can fly ahead further. We should be prepared for either of the three happening. The best way for doing it is look forward to get new highs with feet on the ground. Feet on the ground will be having stop losses and trailing stop losses for your trade in place. Support level for Nifty are at 25863, 25668, Mother line (50 hours EMA) support of 25639, 25528, 25336 or even 200 hours EMA which is at 25170. The support zone between 25668 and 25639 is pretty strong. Resistances on the upper side are 26011 and 26114. Shadow of the candle is neutral to positive. by Happy_Candles_Investment2
NIFTY : Trading Plan and Levels for 25-Sep-2024Intro for Previous Day's Chart Pattern : On 24th September 2024, Nifty saw a consolidation near the critical levels, testing both support and resistance zones. The market traded within a defined range, showing indecision as prices approached the important resistance level at 26,040-26,120. On the lower side, there was significant support observed at 25,830, which held the trend reversal in check. The key takeaway from this session is the cautious optimism among traders as the market prepares for potential breakout or breakdown scenarios. Trading Plan for 25th September 2024 : For 25th September 2024, we will plan for three different opening scenarios, keeping a 100+ point gap in mind. The price action will likely react to the support and resistance zones marked in the chart. Here's how you can approach the day: Gap Up Opening (100+ points): If Nifty opens with a gap up above 26,026 and sustains near 26,040, watch for price action around the key resistance at 26,120. - If the market shows strength and breaks above 26,120, you can look for long entries with a target of 26,200. Use a tight stop loss below 26,040 to manage risk. - However, if Nifty fails to sustain above 26,040 and shows signs of weakness, consider initiating short positions with a target of 25,950, keeping a stop loss above 26,120. Flat Opening: A flat opening near 25,950 would indicate a neutral start. Monitor the price action around the opening support zone of 25,892-25,876. - If Nifty holds above this level and shows buying interest, you can enter long positions with an initial target of 26,040 and a stop loss below 25,876. - Conversely, if the price breaks down below 25,876, expect further weakness towards 25,830. You can take short positions targeting 25,810 with a stop loss above 25,950. Gap Down Opening (100+ points): If Nifty opens with a gap down near 25,830 or lower, the focus shifts to the important support level at 25,810 for trend reversal. - If this support holds, you may enter long positions for a recovery towards 25,892-25,950, with a stop loss below 25,810. - If the price breaks 25,810 decisively, look for further downside momentum. In such a case, initiate shorts with a target of 25,680 and a stop loss at 25,830. Risk Management Tips for Options Trading: - Avoid taking positions immediately after the market opens; let the first 15-30 minutes settle to observe the true market direction. - For options traders, consider hedging your positions using vertical spreads to reduce risk exposure during volatile swings. - Maintain a risk/reward ratio of at least 1:2 for every trade and always place stop losses based on the close of the hourly candle. Summary and Conclusion: Nifty is trading near crucial levels, and 25th September could provide a clearer direction. Keep an eye on the key support at 25,810 for trend reversals and the resistance at 26,120 for possible breakouts. Approach the market with caution, especially in gap-up or gap-down scenarios. Adjust your strategy based on the opening and wait for confirmation before making trades. Disclaimer: I am not a SEBI-registered analyst. All ideas are based on personal analysis and are for educational purposes. Please consult your financial advisor or conduct your research before making any trading decisions.by LiveTradingBox0
NIFTY INTRADAY LEVELS FOR 25/09/2024BUY ABOVE - 25950 SL - 25860 TARGETS - 26060,26160,26250 SELL BELOW - 25910 SL - 25980 TARGETS - 25860,25790,25700 NO TRADE ZONE - 25910 to 25980 Previous Day High - 25980 Previous Day Low - 25910 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 👍by Jagadheesh_JP23
NIFTY 50 Key Levels for 25/09/2024**Explanation:** This trading system helps you avoid blind trades by providing confirmation for better entries and exits. It considers volume, past prices, and price range. **Entry/Exit Points:** - **Entry/Exit Lines:** Use the BLUE line for long trades and the RED line for short trades, based on confirmation from your trading plan. - **Stop Loss:** For long trades, set the stop loss at the RED line below. For short trades, set it at the BLUE line above. - **Take Profit:** For long trades, target the next RED line above. For short trades, target the next BLUE line below. **Timeframe:** Use a 5 timeframe for trading. **Risk Disclaimer:** This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.by nandupk2