Time Frame in Charts is the Key of Success in Tradingin this video we try to make you understand the importance of right Time frame in charts for your trading
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Niftyanalysis
#TATA POWER - SHORT TERM CALLS #INDUSINDBANK... ✅
INTRADAY/ Short term delivery call as well
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
Will Nifty rally continues? Inverse Head and shoulders found.Don't forget to check out the chart analysis posted a few hours ago. Here I'm assuming with 15 minute time frame, that would give more clarification for a short-term upside potential or a retest possibilities to the all-time high area. As you can see from the chart, Nifty has formed an inverse head and shoulders pattern today. If Nifty can break the neck level or a gap-up above the neck line is considered as a bullish signal.
But how long can we get a safe target?
As with the head and shoulders pattern rules, you can adjust your target calculation using the length between the head and neck level. But surprisingly, this assumption also confirms further strong resistance levels are (18850-18900) area, I mentioned in the previous post.
Moreover, the chart you are seeing now is of Nifty Indices, but in December future chart you cannot see this head and shoulder pattern, instead it is seen as an ascending channel, so the possibility of a downtrend is very high.
Will Nifty rally continues? Is Nifty 20000 possible this year? Hi, as per my previous post our primary target was hit today and nifty showing upward pressure after going down to 38%. Will it rise further? Yes! Of course it can retest the previous day's high, exactly 78% of the Fibonacci ratio from the low created today. According to Elliott 5 wave movements, this can be the first phase of the 5th wave of the trend that started from November 10. But if you want to confirm it, it should goes up from the current all time high. There is a possibility that the market will come down from the resistance levels marked above between 18800 and 18900.
If Nifty falls from that zone short positions can be taken for a few days. Also, if Nifty fails to hold above 18500 level, then our second target will soon become possible in this scenario.
Please understand that nothing I tell you about market potential is a 100% guarantee.
Pin Point prediction Of Bank Nifty For 6-12-22Hello Traders,
This post provides you the levels , I shared for today's trading where every action and reaction price used the se marking. Iy means you had the idea where market is going to take support and resistance . How to trade with these marking a detailed trade plan was discussed, check below. To make your trading easy , I share every day markings and trade plan. Hope you would find it easy to understand .
Yogesh vats
NIFTY Weekly Volatility Analysis 5-9 Dec 2022 NIFTY Weekly Volatility Analysis 5-9 Dec 2022
We can see that currently the implied volatility for this week is around 1.87%, down from 1.9% last week according to INDIA VIX data
With this in mind, currently from ATR point of view we are located in the 3rd percentile, while according to INDIA VIX, we are on 8th percentile.
Based on this, we can expect that the current weekly candles ( from open to close ) are going to between:
Bullish: 1.85% movement
Bearish: 1.5% movement
At the same time, with this data, we can make a top/bot channel which is going to contain inside the movement of this asset,
meaning that there is a 24.3% that our close of the weekly candle of this asset is going to be either above/below the next channel:
TOP: 19070
BOT: 18370
Taking into consideration the previous weekly high/low, currently for this candle there is :
78% probability we are going to touch previous high of 18914
26% probability we are going to touch previous low of 18370
Lastly, from the technical analysis point of view, currently from
Weekly timeframe indicates 80% bullish trend
Daily timeframe indicates 80% bullish trend
4H timeframe indicates 53.3% bullish trend
NIFTY50 is looking Bullish.
🤑 Nifty is likely to be Bullish till it's above 18700.
❓ Reason: Because Nifty is can support at Target of ATM Machine Indicator on Hourly Chart.
🚧 Upside Hurdles: 18750, 18830.
🌈 Advice: 1.) Take reversal trade near these levels, or 2.) Wait for Breakout and Sustainability.
🍏 Positional Trend is Positive.
🍏 Long Term Trend is Positive.
📢 Disclaimer: We are NISM Certified so we don't hold any position in Nifty Future or Options as per SEBI guidelines. Take trades as per your own technical analysis, we are just educating you. We are not using any type of indicators for finding out of levels.
🙏🏻 Come to Learn, Go to Earn🙏🏻
✅ We are NISM Certified. ✅
☔If you find us useful, Please help the helpless near you.☔
☺Happy to Help.☺
@ohotrading
NIFTY Outlook / Market Outlook 05th Dec to 9th Dec 2022Markets after making new high is looking for consolidation and support from where they can further launch ahead. US FED softening their stand on rate hike gave wings to global market but Jobs data from US and below expectation number of Indian GDP weakened the Bull run and turned the market negative. Another reason was profit booking by FIIs and other institutions.
Important supports and resistance for Nifty at this stage are:
Important Resistances: 18887 to 18904 and 19590.
Important Supports: 18604, 18360, 17908 and finally 17673 (Major Medium Term Support).
Nifty in Downtrend what NEXT?Nifty is continuing the trend, but what happens now? Remember that it is only a correction, this movement can be considered as a correction part of the trend that started from September 30 so far. According to the Elliott wave, if the current correction is falling up to 38% to 68%, then it can be considered as the 4th wave correction of the five wave movement that start from the Sep 30. This is the golden ration you get when you mark the third wave from the 2nd wave using the Fibonacci tool. The big yellow box on the chart is the area where we have the last movement of the 4th wave.
However, big buyers are currently seen playing in the 18300 and 19000 areas. So, we can find another small 5 wave movement started around November 10th. If this down movement is a 4th correction wave of the November 10th, it will not go below 18580 and start its upward journey from above 18580. You can find the retracement area is the small yellow box on the chart.
In that case, the third wave of September 30 is not over yet, and a major downtrend can be expected at any time.
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Pin Point Prediction Of Nifty For 2-12-22Hello Traders,
This post shows the marking levels prediction done for this day trading . The accuracy you can yourself feel in form of price action. Now what is going to happen tomorrow that I discussed in detail for making your trading easy, can check below.
Yogesh Vats
Nifty Levels & Strategy for 01/Dec/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 is overbought so avoid wait for a dip & continue to follow uptrend. Overbought does not mean you should sell but consider all time high levels as good level for profit booking. Today, US market is trading in red & SGX Nifty is trading in red & 100+ points down. Tomorrow morning, gap-down should be a buying opportunity with strict SL. Put premium are very low so we should avoid PE writing. Get into short trade only when support levels are broken convincingly.
Please find below scorecard, PCR update & options statistics for your reference:
NIFTY SCORECARD DATED 30/NOV/2022
NIFTY IS UP BY 140 POINTS
Name Price Previous Day Change % Change
Nifty 18758 18618 140.30 0.75%
India VIX 13.81 13.62 0.19 1.41%
OPTION STATISTICS BASED ON 01/DEC/2022 EXPIRY DATA
Max OI (Calls) 19000 (Open Interest: 8442250, CE LTP: 2.35)
Max OI (Puts) 18600 (Open Interest: 10727400, PE LTP: 9.2)
PCR 1.63 (PCR is in overbought zone)
Nifty Calls:
ATM: Short Covering, OTM:Long Buildup, ITM:Short Covering, FAR OTM:Long Liquidation
Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Long Liquidation
Pin Point Predictions Of Nifty For 1-12-22Hello Traders,
This post was created yesterday with complete predictions in form of marking and trade idea. You can see the accuracy of marking . If want to more in detail about tomorrow trade direction and set up then can check below. My bit is to make your trading easy.
Yogesh Vats
Nifty Levels & Strategy for 30/Nov/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
Congratulation Nifty traders. Finally, Nifty hit the new lifetime high & we have seen highest ever closing. Nifty opened flat & completely ignore the global market cues. Profit booking was obvious from new lifetime high but Nifty closed above 50 EMA on 15min chart. FII are buying in cash but they adding bearish positions in F&O, Pro traders are also adding bearish positions in F&O. Big players are clearly managing index at higher level. What will happen when FIIs/Pro start selling in cash????? Market may correct very sharply. Retail traders are taking things for granted. VIX is low but it may rise in no time.
Why US market corrected yesterday? Fear of another US FED hike in Dec. This time RBI may have no choice but to go ahead with hike therefore we need to be careful in coming days & work level by level. Gujrat election results may also affect market. OPEC is getting ready for another OIL production cut. OPEC want to manage crude price at higher levels. We should follow trend (buy on dips) but avoid, stay away from buying euphoria & continue to book profit at higher levels. There is no harm is ignoring the last leg of rally.
Please find below scorecard, PCR update & options statistics for your reference:
NIFTY SCORECARD DATED 29/NOV/2022
NIFTY IS UP BY 55 POINTS
Name Price Previous Day Change % Change
Nifty 18618 18563 55.30 0.30%
India VIX 13.62 13.57 0.05 0.37%
OPTION STATISTICS BASED ON 01/DEC/2022 EXPIRY DATA
Max OI (Calls) 19000 (Open Interest: 7732900, CE LTP: 1.65)
Max OI (Puts) 18500 (Open Interest: 10184950, PE LTP: 23.75)
PCR 1.22 (PCR is in buying Zone)
Nifty Calls:
ATM: Long Liquidation, OTM:Short Buildup, ITM:Short Covering, FAR OTM:Long Liquidation
Nifty Puts:
ATM: Short Buildup, OTM:Long Liquidation, ITM:Short Buildup, FAR OTM:Short Buildup
Nifty Important levels and trade plan for Wednesday, 30th NovembFor tomorrow, no trade zone will be between 18634 and 18601.
Any price action between this zone in 15-minute time frame, for upside, can go for bullish trade. Initial target will be 18678 from where we may expect a pullback, after crossing this level, 18735 and 18788 will be the next levels of targets.
For downside, can go for bearish trade with continuation, initial target will be 18546, can expect a reversal form here. But after crossing this level, we may see a good fall in Nifty in coming days. 18645 can be the second level of support in this trend. In case of gap down opening up to 18546, we may plan a reversal trade for upside and similarly, for gap up opening up to 18678 a reversal trade can be planned.
OI data is bullish, with strong presence of open interests in PE side at 18500 level, but some OI build-up is visible, in CE side, compared to yesterday’s data.
**All support/resistance levels depend on PDH/PDL, breaking either side may change the levels plotted*
**Time of plotting the levels and planning 29th November, 9:05 PM**
***Personal opinion, not a trading advice***
Pin Point predictions Of Nifty For 30-11-22Hello traders,
This post shows the marking Prediction done for today's trading. You can see price reacted on the se marked levels. For detailed analysis to understand with my prediction for tomorrow , can check it below. This will definitely make your trading easy.