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Niftyanalysis

Nifty 50 Price action today Friday 18/11/2022We have seen very volatile expiry. Buyers had shown their confidants well. But the triple pattern break was in a down trend. Now wave 5 and wave 3 have been confirmed. As you are seeing a big correction wave after 5 wave finish. And also a 5 wave down trend pattern in itself can be seen on the chart. 18200 -18230 range is likely to have a retracement. It is the fourth correlation wave to small retracement of the 5 wave downtrend. Anyway lets wait for the next impulse wave which is 5th wave of 4hr time frame, as i said the 3rd impulse also we confirmed yesterday. As per the wave pattern this downtrend is valid whenever nifty holding its price range above 17500. However Nifty is very confident of not going below 17900.
NSE:NIFTY
by DeepuPrabhakarTrade
NIFTY50 is looking Bullish. 🤑 Nifty is likely to be Bullish till it's above 18260. ❓ Reason: Because Nifty is above the Trailing SL and ATM Zone Upper Point of ATM Machine Indicator on Hourly Chart. 🚧 Upside Hurdles: 18325, 18350, 18510. 🌈 Advice: 1.) Take reversal trade near these levels, or 2.) Wait for Breakout and Sustainability. 🟢 Positional Trend is Positive. 👺 Long Term Trend is Trapping the Bulls. 📢 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 #ohotrading1 #stockmarket #NIFTY50 #november22 @ohotrading #sharemarket #nifty #today #atmmachine #homework
NSE:NIFTYLong
by OhoTrading
Trading Setup is very ImportantBest Trading Setup makes money for you in market even you are wrong in Market #nifty #priceaction #priceactiontrading #optionanalysis #banknifty #bankniftyprediction #nifty50 #niftytomorrow #niftyprediction #niftyanalysis #niftyfifty #niftytoday #niftybank #banknifty #bankniftytomorrow #bankniftyprediction #bnkniftytrading #charts #technicalanalysis #crypto #sensex #nse #nseindia #bse #optionsellingstrategy #optionstrading #optionsellingstrategy #optionstrategy #optiontrading #optionsellingstrategy
NSE:NIFTYEducation
by gurubhai
NIFTY50 is looking Bullish. 🤑 Nifty is likely to be Bullish till it's above 18260. ❓ Reason: Because Nifty is above the Trailing SL and ATM Zone Upper Point of ATM Machine Indicator on Hourly Chart. 🚧 Upside Hurdles: 18325, 18355, 18510. 🌈 Advice: 1.) Take reversal trade near these levels, or 2.) Wait for Breakout and Sustainability. 🟢 Positional Trend is Positive. 👺 Long Term Trend is Trapping the Bulls. 📢 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 #ohotrading1 #stockmarket #NIFTY50 #november22 @ohotrading #sharemarket #nifty #today #atmmachine #homework
NSE:NIFTYLong
by OhoTrading
Nifty 50 Price action today expiry 17/11/2022Looking at elliott waves, we can see that Nifty has now completed a C pattern yesterday (5 and 15 min time frame ). As well as the start of an impulse wave. Once this has proceeded as an impulse wave. As you can see the second wave retraces from that yellow box and continues the upward trend and 3 rd wave impulse. If we look at the open interest, we have reasonable support at 18300 and if Nifty is not able to sustain that level, a decline will happen. As per my earlier posts, a steep decline can happen anytime until we confirm the end of wave 5 of lower time frame or wave 3 of the 4 hour time frame. it will be the last correction for this year.
NSE:NIFTY
by DeepuPrabhakarTrade
Nifty Important levels and trade plan for Thursday, 17th NovembeOn daily time frame Nifty formed a doji candle, which probably signifies a pause to its current uptrend, and in coming days we may see a correction, and the formation of double top near 18493 level indicates the same. Currently, SGX Nifty is almost 60 points negative, and we may expect its continuation in downside furthermore, which will hamper the opening of nifty for tomorrow and will play a major role in deciding the trend of Nifty for coming days. For tomorrow, zone between 18453 and 18439 will play a major role, and for us it will be our no trade zone, if nifty opens below this zone, we may expect the downside move and above this zone and breaking of 18493 level it will be bullish again. Tomorrow, below 18439 we will look for a bearish trade, if Nifty opens flat or slight gap down. In that case first level of support will be 18411, where we may expect a pause and then second support will be a zone between 19392 and 18386, and a reversal can be expected from this zone only. Crossing this zone will have 18368 level for a pause and then 18342 will be the final possible reversal level. In case of gap down opening between no trade and support zone, we will wait for Nifty to reach either side, and then depending on the price action we will enter into a trade. For bearish trade, near no trade zone will depend on 5-minute time frame, and for reversal near support zone will have to wait to form a price action in 15 minute. Again, crossing of support zone, will have to watch for bearish trade only. For any price action, above or near no trade zone for upside, in 15-minute time frame, will enter into bullish trade. Initial target will be 18493. Up to this level, our quantity will be limited, and will enter with full quantity only after a successful crossing of this level, and in that case second target will be 18542. OI data seems bearish as of now, with huge OI distributed from 18400 in CE side, and considerably less in PE side. **All support/resistance levels depend on PDH/PDL, breaking either side may change the levels plotted* **Time of plotting the levels and planning 16th November, 9:35 PM** ***Personal opinion, not a trading advice***
NSE:NIFTY1!Short
by rahulbora11
Nifty Levels & Strategy for 17/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 Nifty was all set for gap-up however Poland missile attack issue gave opportunity to bulls to add new long positions at opening as well as in 2nd half. Profit booking is happening at higher level. Overall trend is bullish and now risk:reward is getting better in Nifty compare to Bank Nifty. 18300 with max OI in put is likely to act as a big support. Trade level by level & wait for right opportunities. Over trading should be avoid. Big players have turned neutral and keeping watch on Poland issue development which is capable of swinging market in either direction. Please note that index is getting managed at higher level and profit booking is going on in stocks. STAY LIGHT & KEEP POSITIONS HEDGED. GET INTO TRADE ONLY WHEN YOU GET GOOD SETUP WITH MINIMUM RISK:REWARD 1:2 & SMALL SL. TREND IS ALWAYS YOUR FRIEND. OPTIONS WRITERS ARE REALLY MAKING GOOD MONEY WHO REALLY UNDERSTAND THE UNDERTONE OF THE MARKET. RETAIL TRADERS SHOULD TRY TO LEARN OPTION WRITING BY DOING VIRTUAL TRADES & KEEP ANALYZING THE PROFIT & LOSS FOR CLEAR & BETTER UNDERSTANDING. Please find below scorecard, PCR update & options statistics for your reference: NIFTY SCORECARD DATED 16/NOV/2022 NIFTY IS UP BY 6 POINTS Name Price Previous Day Change % Change Nifty 18410 18403 6.25 0.03% India VIX 15.10 14.64 0.47 3.18% OPTION STATISTICS BASED ON 17/NOV/2022 EXPIRY DATA Max OI (Calls) 18400 (Open Interest: 8620000, CE LTP: 52.25) Max OI (Puts) 18300 (Open Interest: 7878550, PE LTP: 20) PCR 0.95 (PCR is in sideways to mild bearish zone) Nifty Calls: ATM: Short Buildup, OTM:Short Buildup, ITM:Long Liquidation, FAR OTM:Long Liquidation Nifty Puts: ATM: Short Buildup, OTM:Long Liquidation, ITM:Long Buildup, FAR OTM:Long Liquidation
NSE:NIFTY
by manishmgupta
Nifty Levels & Strategy for 16/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 Nifty is slowly & firmly inching towards new lifetime high after decent consolidation. Today short covering in ATM & mild buying lifted the Nifty beyond 18400 plus level. Nifty is trading with positive bias. However, retail traders should continue to book profit near 52W high level and stay light & look for good quality trade setup. Shall we look for buy on dips opportunities near major support levels?????? Yes, I think so till the trend is positive. Please find below scorecard & options statistics. NIFTY SCORECARD DATED 15/NOV/2022 NIFTY IS UP BY 74 POINTS Name Price Previous Day Change % Change Nifty 18403 18329 74.25 0.41% India VIX 14.64 14.91 -0.27 -1.84% OPTION STATISTICS BASED ON 17/NOV/2022 EXPIRY DATA Max OI (Calls) 19000 (Open Interest: 7339350, CE LTP: 0.9) Max OI (Puts) 18300 (Open Interest: 8316150, PE LTP: 24) PCR 1.15 (PCR is in buying Zone) Nifty Calls: ATM: Short Covering, OTM:Short Buildup, ITM:Short Covering, FAR OTM:Long Liquidation Nifty Puts: ATM: Short Buildup, OTM:Short Buildup, ITM:Long Liquidation, FAR OTM:Short Buildup
NSE:NIFTY
by manishmgupta
NIFTY Weekly Forecast 14-18 November 2022 NIFTY Weekly Forecast 14-18 November 2022 Currently the implied volatility for this asset is around 2%, down from 2.1% of last week. From volatility percentile, point of view, we are currently on 0th from ATR and 10th from INDIA VIX index. With this volatility percentile values into account we can expected on average that the weekly candle is going to be: 1.88% for bullish 1.54% for bearish With the current IV, we can expect with a 75.6% probability that the market is not going to close either above or below the next channel: TOP: 18750 BOT: 18010 Lastly, based on previous calculations, we have: 79% to hit the previous weekly high of 18350 26% to hit the previous weekly low of 17975
NSE:NIFTY
by exlux
Nifty Important levels and trade plan for Monday, 14th NovemberCurrently SGX Nifty is 55 points positive and it is near a trend line which may act as resistance for tomorrow. So in Monday morning session, if it respect that trend line then me may see a flat opening in Nifty, and in other scenario, may expect a gap up opening between 80 to 100 points. Nifty is in uptrend in daily time frame, but to continue this uptrend, it must take a retracement, somewhere above the 18000 mark. So, in coming days, we may expect to see some correction in Nifty, and a recent gap is also pending, so possibility of filling up of that gap is highly likely. Now, if we see, Nifty in 15-minute time frame, RSI is near 80 level, so on Monday, if Nifty opens flat near 18437, which is the upper level of our no trade zone for tomorrow, and crosses this level with a price action in 5-minute time frame we may go long. But in this trade, we will have to go option selling rather than buying, because this up move will be slow. In this case our target will be 18540. Same will be applicable for a slight gap up opening, above the level 18437 If nifty forms a negative price action in 15-minute time frame below 18437, we will wait it to cross 18354, which is the bottom of our no trade zone for tomorrow, and below this level, will go for bearish trade. Here we may choose to go with both buying of PE, or selling of Nifty future or CE. In downside we may expect a pause near 18233 level, which will be our first target. And crossing this level in coming days, 18116 will be the second level of support, and we may expect Nifty to take reversal from this support only. OI data is bullish for Nifty, with highest OI present in PE side at 18000 level with considerable OI at 18300. in CE it is distributed from 18500 to higher side. **All support/resistance levels depend on PDH/PDL, breaking either side may change the levels plotted* **Time of plotting the levels and planning 12th November, 10:05 PM** ***Personal opinion, not a trading advice***
NSE:NIFTY1!
by rahulbora11
NIFTY in medium Term looking Solid. Market got a boost by the better than expected US Inflation numbers. Hoping that Federal Reserve US will either halt or milden their hawkish stance to control inflation Global markets have reacted positively. Indian market was no exception and rallied upwards. FIIs are also buying Indian equity again and Dollar index is getting weaker which can strengthen Indian Rupee. All these events can lead the market further up in the coming weeks. Long Term Target for NIFTY now is 19534. Important Resistances: 18351 and 18604. Important Supports: 18099 and 17872 .
NSE:NIFTYLong
by Happy_Candles_Investment