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Niftytomorrow

Nifty Levels & Strategy for 31/Oct/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading. NIFTY Nifty traded within a range & performed as expected. Profit booking was done at higher levels and buying emerged at lower levels. US market clsoed in green. SGX Nifty closed almost 200 points up. Is Nifty is getting ready to cross 18K amid ongoing global issues (Key issues to be considered are US FED hike in Nov & RBI's corrective action). Is sell on rise & buy on dips working????? However, please do review the following Nifty scorecard data which will give you clear idea about long & short positions in Calls & Puts. NIFTY SCORECARD DATED 28/OCT/2022 NIFTY IS UP BY 50 POINTS Name Price Previous Day Change % Change Nifty 17787 17737 49.85 0.28% India VIX 15.92 16.60 -0.68 -4.07% OPTION STATISTICS BASED ON 03/NOV/2022 EXPIRY DATA Max OI (Calls) 18200 (Open Interest: 4977800, CE LTP: 9.4) Max OI (Puts) 17700 (Open Interest: 4514950, PE LTP: 85.8) PCR 0.92 (PCR is in bearish zone) Nifty Calls: ATM: Long Buildup, OTM:Short Buildup, ITM:Short Covering, FAR OTM:Short Buildup Nifty Puts: ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
NSE:NIFTY
by manishmgupta
NSE:NIFTY Analysis/Prediction for tomorrow expiry 27-10-2022NSE:NIFTY Analysis/Prediction for tomorrow expiry 27-10-2022 Note: One side move possible if market open flat or slight Gap-Down and break 17630. for Gap-UP opening above 17720 🟢 For CE wait for price action or range breakout and trade as per marked levels. 🔴 Buy PE below 17650 ✔️ Target Should be 17530 For Flat/Gap-Down 🟢 Buy CE above 17720 ✔️ Target Should be 17800 🔴 Buy PE below 17650 ✔️ Target Should be 17530 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.
NSE:NIFTY
by TheTechNifty
Spot Nifty ended below 50 Hours EMA. If US indices and SGX Nifty don't do well overnight the chances are that few supports on the down side will be tested tomorrow. FII and DIIs both were net sellers today again showing some chinks in the armour of rally which started around 15183. Seems the strength of bulls is exhausted as third day in a row the Bulls could not even touch coveted psychological mark 18100 forget about sustaining over it. Bulls will have to show lot of courage to pull Nifty above 18100. Specially with FED announcement round the corner and a possibility of 100 bps hike has made investors cautious. Major level to watch out for tomorrow or in the coming week will be 17668 . Below 17668 Nifty can see a free fall. However the support at 17668 is so strong that even Bears will have to pull all their shots to bring Nifty below it. Resistance on the upper side remains at 18100, 18343 and 18606 levels.
NSE:NIFTY
by Happy_Candles_Investment
Nifty Important levels and trade planning for Monday 06.06.22At this time SGX Nifty is 116 points down then it’s previous days closings, and at fib level .786 which may act as support and probably may took a reversal, and then we may see a flat or small gap down for nifty on Monday. But if SGX Nifty breaches its current support level and continue its move then we may expect a heavy gap down of NIFTY on Monday. If NIFTY opens below 16613 level, then there is high possibility that it will continue its bearish move as this the level of fib .5 for the current swing and at the same time central pivot line for next week’s weekly CPR, which will clearly offer a huge resistance. So for flat or small gap down opening with one negative candle we may enter into a bearish trade, Major support levels will be at 16519, 16441 and 16368. Any gap down opening of more than 150 points need to wait for price action to complete. For flat or slight gap up opening-On Monday NIFTY has wide CPR, and for flat or minor gap up opening it will face resistance in all levels from 16613 to 16710. If it crosses 16710 level with positive price action then we can enter into a bullish trade. Major resistance levels will be at 16793, 16847 and 16920. From OI data 16800 has huge OI build-up in CE side, and for PE 16500 and 16300 has heavy OI present. So, these levels will definitely act as supports and resistances.
NSE:NIFTY
by rahulbora11
Nifty Review and Analysis for 10th August 2021Nifty has been trading between 16200 to 16300 from last 4 trading days. On 9th August it came for selling first from 15300 to 16236 then 16265 to 16175. As I said earlier selling is expected below 16300 and below 16236 Nifty can come up to 16145 and on 9th august it came to 16175, 30 points difference. Earlier I said that the Idea Vodafone news can affect the market but we haven't seen any movement as expected. So what happened? The day Idea Vodafone news came in, the same day or next day there was a news that Govt. of India decided to abolish Retrospective tax. If you want to know more about that just search and read. For now resistance for Nifty is 16250, 16300 and 16350. Support for Nifty is 16050, 16145 and 16200. Look for these levels for 10th August 2021. At the time of publishing this SGX Nifty is trading at 16290. Support for SGX Nifty is 16200, 16100 and 15950. US market is Negative and rest global market is mixed. Do your own analysis before taking any trade and trade with SL. Thank you.
NSE:NIFTY
by TheNoobDayTrader
Nifty Review and Analysis for 6th August 2021There was a negative pattern in Nifty which I marked for you guys in the 15 minute chart. Nifty opened 30 to 40 points up on 5th August from 4th August's closing price. Nifty opened at 16294 and from there selling came in the first 15 minute up to 16236 level, I have mentioned about these levels in my earlier post. From 11 am to 1 pm Nifty was in up trend and it moved from 16236 to 16350, and again made a new life time high. Interesting thing to notice is Nifty closed where it opened toady and below 16300. Global market is positive but Asian market is negative. At the time of publishing this SGX Nifty is trading at 16352, near it's lifetime high and selling is expected to come. In Domestic market there is a news related to Vodafone Idea, which may affect the BankNifty tomorrow and if BankNifty stays in negative then it will affect Nifty too. Below 16236 a selling is expected up to 16145. 16300 and 16350 is immediate resistance for Nifty. A triple top can be seen in Nifty. For BankNifty 36000 and 36200 is immediate resistance and below 35650 a selling is expected up to 35400. Do your own analysis before taking any trade. Trade with SL and always remember Yesterdays Quote. Thank You.
NSE:NIFTY
by TheNoobDayTrader
Nifty Review and Analysis for 5th August 2021So I said technically if Nifty gives breakout and sustain above 15960 then Nifty will be considered Bullish. I know many people were shorting at top but buyers were determined to take Nifty at 16000 and after Nifty touched 16000 on 3rd August a possible 16000 call short covering happened, which pushed nifty to 16145 on 3rd August. On 4th August Global market was positive, so Nifty opened gap up and made a new lifetime high of 16290. Market was overall choppy on 4th August. So what pushed Nifty up? I would like to list possible reasons as per me. 1. Positive GST collection data. 2. Positive Global sentiment. 3. And short covering of 16000 call. As of now only US market is negative, so we may an effect of this tomorrow on Indian market too. Nifty made a double top on 15 minute chart of 4th August. At the time of publishing this SGX Nifty is trading at 16261.50 and flat. Note: If Nifty retest 16000 level and move upward from 16000 only then bullishness of Nifty will be confirmed technically. There is not enough room for Nifty to go up because it is already stretched. Nifty has moved almost 800 points in 6 days, 28th July to 4th August. 16043, 16145 and 16236 will act as support for Nifty and for now resistance is 16300. Nifty may open gap down or flat on 5th August 2021. Watch these levels and always trade will stop loss order. Do your own analysis before taking any trade. I think now I don't have to write what happens on weekly option expiry day and European market. In this scenario I'm sharing one quote with you guys and it is related to market. Let me know whether you heard it before or not. "Be Greedy when others are fearful. And be Cautious/fearful when others are Greedy" Thank you.
NSE:NIFTY
by TheNoobDayTrader
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