Sensex Support and Resistance Levels For 21st Nov 2024I’ve created a chart highlighting the key support and resistance levels for #sensex, designed to help traders make informed decisions.
These levels provide critical insights for understanding potential price movements, enabling traders to identify ideal entry and exit points.
Use these levels to gain a clearer perspective on Sensex trends and optimize your trades with greater confidence.
Remember, these levels serve as guidance, so always combine them with your own analysis and risk management.
Nifty-intraday
#IDEA long trade setup intraday (09/05/24)Greetings Folks,
today I have prepared a setup of
NSE:IDEA on NSE
the analysis is as follows-
- marked an important support zone in higher timeframe
- price tapped in it and respected the support zone
- in lower timeframe , there is a ranged structure
speculating that nifty might move in up direction, we can plan a small counter trade
don't play with fire, always use a predefined stoploss
MISHTANN BUY 20.50-21.50 SL 17 TGT 27/34/40/50MISHTANN BUY 20.50-21.50 SL 17 TGT 27/34/40/50
7KInvest Ideas$$
DISCLAIMER: These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
Nifty50 Intraday Levels TradePlan Analysis Aug 08Black Line zones - Resistances
R1 - 19617-19639
R2 - 19723-19795
R3 - 19805-19822
R4 - 19842-19876
Green line zones - Demand
S1 - 19593-19574
S2 - 19555-19510
S3 - 19595-19462
S4 - 19350-19295
Analysis:-
Nifty is in a process of forming a retracement , Lower High for the Downtrend formed. But if it moves strong above 19684-19733 which is the 78.6% to 88.6% retracement levels of the previous major swing, which also coincides with the Gap supply zone and out of the falling channel that has formed, then there are high probabilities that the market trend would change to uptrend.
Trade Plan:-
If the Market opens flat,
1) Would look for any rejection at the Trendline and initiate shorts till the demand levels such as today's day low, Friday's day low based on price action and setup confirmation.
2) Can also look for reversal trades at the demand zones marked post consolidation beyond 10:15 AM.
3) One can initiate longs if the trendline breakout happens post-consolidation beyond 60-75 minutes of market opening.
If the Market opens gap up,
1) Will look to short the market at the mentioned supply zones and run till the gap filling happens or till the Trendline support or the marked demand zones based on Technical setup confirmations.
2) One can initiate longs if the trendline breakout happens post-consolidation beyond 60-75 minutes of market opening.
3) Can go long once the gap filling is complete based on Technical setups.
If the Market opens gap down,
1) Will go short if today's or Friday's low is broken.
2) Will go long if gap is at demand levels marked with CONSOLIDATION and setup confirmation. Would look to run till Trendline/Gap resistances.
Happy trading! Please do comment for suggestions.
Please do check for Demand zones below 19200.
Nifty Analysis For TomorrowNifty at a support zone
18350 Is what you need to watch tomorrow it it breaks down we will see a good momentum below this.
18270 can be our first target downside for tomorrow, If we break the trendline 18550 is the level we should watch.
We can buy above 18550, Some resistance which we need to watch 18600 & 18700
For more details refer to the image.
Comment if you have any query.
Happy Trading !
Nifty FuturesNifty futures respected the resistance at 18450
18000 will act as a major support
9 and 21 EMA have come together in a bearish reversal, but it's not completed yet though, but it is just one bearish candle away from completion.
RSI has closed below 50 which is again a bearish signal.
For me 17700 is easily doable and 17500 looks doable though chances are less.
Stick to intraday trades as it seems to be the best away to avoid big losses.
Nifty 50 (EOD) MSA Line for momentum investingNifty since 30th September:
MSA Indicator captured intra-day opportunities and generated cash flow of 1847 points (1847*50=92,350 INR) on an approx. investment of 3,00,000 (max three lots of 50 each of Nifty in futures). However, Nifty declined from 17163 (point of start on 30 September) to 17129 on close of 12 October 2022.
To capture such forthcoming profitable move in future, you may subscribe the MSA Indicator
Nifty levels for 12 Oct 2022Good morning 🌞
Have a profitable day 💰👍🏻
Pre-Market Report 12 Oct 2022
SGX NIFTY is indicating a Flat opening
👉 SGX NIFTY is trading at 16964.5 up by 0.14%
👉 US futures are in RED
👉 ASIAN Market is in RED
👉 USDINR at 82.31
In Nifty 17000 PE and 17200 CE have high Open Interest in weekly
In Bank Nifty 38500 PE and 39000 CE have high Open Interest in weekly
👉 Asia-Pac Stocks Begin Subdued Following The Choppy Performance And Late Selling Stateside After BoE Governor Bailey Rejected Calls For An Extension To Gilt Purchases Beyond The Friday Deadline; ASX 200 (-0.1%), Nikkei 225 (-0.2%), KOSPI (-0.1%)
👉 STOCKS TO WATCH:
DELTA CORP, KIRLOSKAR ELECTRIC, L&T FINANCE, GENESYS INTL, SPANDANA SPHOORTY, SUZLON, TCS, RELIANCE, DLF, GUJARAT PIPAVAV
👉 Stocks Ban In F&O: Delta Corp, Indiabulls Hsg, India Cement
My view today 👉 Any gap up will again get correction today, I will look for a selling opportunity.
Nifty 6 sep 22 Trade viewMarket is choppy, Trading is tight range.
Sell when candle closes below tgt will be 17400
Buy above when crosses line above tgt will be 17900
Don't expect big rally or fall before this zone taken out on either side.
Take Option short trades far from ATM premiums are high.
For Educational purposes only
NIFTY TOMORROW WEEKLY EXPIRY..................Tomorrow if nifty price starts around 16500 level and first 15min candle shows bullish sighn we will buy 16500 ce and our first target will be 16600 & if price is showing bullish trend with big candles then we can further extend our target till 16670. ...........if price moves downwards below 16460 level we will buy put and can expect gap fill....target 16350
NIFTY - Possible Trade for Today- 14-07-2022As discussed in our study yesterday, the index was not able to sustain above 16120 and the witnessed a move to lower levels and close below 16000 yesterday. Options OI build up in the weekly expiry suggest 15800 -15700 to be a support area. On the upside move towards 16100 could see fresh shorts getting added. For the day the market can remain range bound and trade between 16100 and 15800. We maintain a mild negative bias and hence any upmove towards 16100 levels can be used for building short positions. Shorts will need to be squared off if the market starts trading consistently above 16100.
Important levels for the day are given below
Bullish Above 16100
Possible Upside Targets - 16180/16230/16280/16310
Bearish Below 16080
Possible Downside Targets - 16000/15920/15880/15840/15800.
Disclaimer:
The analysis provided is for educational purpose and the author does not assume any responsibility for the trades initiated based on the analysis. Consult your financial advisor before making any trades
Nifty TodayThe market has come down to almost 450 points as FII has been selling for the last two days.
Is it possible to go further down from here !?
If goes,market will halt first. The market gave that signal at the end haf of tomorrow.
Many companies still have quarterly results, and the budget is coming.
Considering everything to draw this trend line today. Follow and trade ...
Nifty Intraday Strategy 30.11.2021 Niglfty perfectly respected the levels and bounces from the supply dn demand zones . For tomorrow if the Nifty opens below 16980 it will rally down till next support level however if it opens above 17025 it will rally till the resistance zone . In last 15 minutes today if it closes below the support zone . It will open gap down .
Please like if you agree . 👍
NIFTY LONG INTRADAY 8 OCT,2021Dear trader,
If u look at the chart of NIFTY (analysis based intraday only) the NIFTY support 1 at 17780 and support 2 at 17730 and resistance at 17960.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
NIFTY LONG INTRADAY 26 AUG,2021Dear trader,
If u look at the chart of NIFTY (analysis based intraday only) the NIFTY support 1 at 16650 and support 2 at 16600 and resistance at 16830.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
NIFTY LONG INTRADAY 14 JUL,2021Dear trader,
If u look at the chart of NIFTY (analysis based intraday only) the NIFTY support 1 at 15730 and support 2 at 15700 and resistance at 15910.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.