Niftyanalysis
Nifty & Bank Nifty Support/Resistance levels on 25 OctGood morning 🌞
Have a profitable day 💰👍🏻
Morning Market Update 25 Oct 2022
SGX NIFTY is indicating a gap up opening
- SGX NIFTY is trading at 17790
- US futures are in Flat Red
- ASIAN Market is in Green
- USDINR at 82.75
In Nifty 17500 PE and 17700 CE
Also added OI at Far OTM 18000 CE
have high Open Interest in weekly
In BankNifty 40500 PE and 41000 CE
Also added OI at Far OTM 39500 PE and 40000 PE
have high Open Interest in weekly
Hong Kong Stocks Were Volatile While Mainland China Markets Continued To Slide Tuesday With Investor Sentiment Turning Following The Conclusion Of The China’s Party Congress And The Release Of A Slew Of Delayed Economic Data, While Other Major Asian Markets Rose After Wall Street’s Second Straight Positive Session; ASX 200 (+0.19%), Nikkei 225 (+0.81%), KOSPI (+0.04%)
Stocks Ban In F&O: NIL
Nifty Levels & Strategy for 25/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
Today global cues were positive on special occasion of Diwali 2022 Muhurat trading. Nifty closed 154 points up. It will be very interesting to see where Nifty will be able to sustain at higher levels amid several global issues. Big players have taken bullish positions. We have also seen decent profit booking at higher levels. We have seen lot of actions in just one hour of Muhurat trading. Nifty is looking positive.
Shall we do profit booking at higher levels? Yes, we should.
Shall we continue to buy on dips & sell on rise with strict SL? Yes, I think so. Please do share your thoughts.
NIFTY SCORECARD DATED 24/OCT/2022
NIFTY IS UP BY 154 POINTS
Name Price Previous Day Change % Change
Nifty 17731 17576 154.45 0.88%
India VIX 17.42 17.28 0.14 0.82%
OPTION STATISTICS BASED ON 27/OCT/2022 EXPIRY DATA
Max OI (Calls) 18000 (Open Interest: 10286850, CE LTP: 9.3)
Max OI (Puts) 17000 (Open Interest: 7897000, PE LTP: 3.35)
PCR 1.02 (PCR is in sideways zone )
Nifty Calls:
ATM: Long Buildup, OTM:Long Buildup, ITM:Short Covering, FAR OTM:Short Buildup
Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
Nifty 50 Chart analysisThe green trade line is support zone and red is rasistance zone.
Ager market Flat open hota hai toh hum buy side mai jayenge .
1st target 17720 aur 2nd target 17780.
Aur ager market bada gap up open hua toh 17900 ka target.
aur ager gap down open hua toh 17420 ke niche selling karenge.
ENJOY WHILE THE PANIC LASTS. 3.14 Extension is a Parabolic move in Harmonic Patterns , and often unsustainable. We are approaching it. As usual, let the levels speak for themself. No macro-bullshit, the markets says it all.
Nifty 50 Wave C Prediction (Expanded Flats)Based on my previous Nifty 50 charts this time I tried to explain more with texts and markers on chart. I hope it would help you to understand. This is just my prediction, It could be wrong anytime.
After wave A to B retracement which was almost 0.382 from the previous wave (Must mention that SGX Nifty was 17014 that day, exactly where I pointed out) now the wave C could be 1 to 1.414 (Between 17748 to 18031). But I would say wave C must be not more than 17900,
The yellow box is the sideways box. Dashed lines are all trend lines.
Hope you traders will like it. Thanks for viewing ":-)
NIFTY 50, WAVES AND MOVEMENT!!FIRST, nifty used to give about 12-14%, but after the corona's bull run, nifty will give about 15-16% returns. (i have drawn the major black trend line to support my point).
2. i have drawn the corrected consolidating part for the nifty, after its corona's bull run(5 waves).
3. have a good look at MA 100(blue colour), it has touched it on 20th June and did not broke it.
ADDING ON, since the consolidated waves have been completed, after it touched the MA 100, it gave a bull run and went to the top of major nifty 50's trend line. this proves that INDIA is not in a recession.
4. look at the red trend i have drawn, nifty has broken it already two times, and this week it almost broke it the 3rd time, so breaking the LOWER HIGHS, concluding again that INDIA is not in a recession.
5. i have just drawn an extended part of MA100, for view, have a look about the US MAKRETS RECESSION AND INDIA NOT IN A RECESSION, AND EVEN BASED ON THE TREND LINE.
6, what does the arcs tell me:
US is mostly gonna have a recession, if they are having a cough, all will catch a cold. US MARKETS, could fall about 10%, and most likely INDIAN MARKETS will fall around 5-7%. but yes, after that there would be a new beginning, and i have drawn a path of it ina orange colour.
ARCS tell that there would be a H&S PATTERN occurring, defining that US too would have a crash around that time(around 25th oct- 14th nov).
the fresh start will begin from (around 14th- 12th dec).
one more possibility of this could be, that nifty could once again touch the MA100 at the time of US having correction, and then a fresh starts begin.
i conclude my analysis by saying, I BET ON INDIA TO BE BULLISH!!
SEE YOU IN MY NEXT ANALYSIS!!
(DO CHECKOUT THE LINKS SECTION)
Nifty and Bank Nifty Levels for 21 OctGood morning 🌞
Have a profitable day 💰👍🏻
Morning Market Update 21 Oct 2022
SGX NIFTY is indicating a Flat opening
- SGX NIFTY is trading at 17496 down by -24 points
- US futures are in Red
- ASIAN Market is in Red
- USDINR at 82.82
In Nifty 17500 PE and 17500 CE
Also added OI at Far OTM
have high Open Interest in weekly
In BankNifty 40000 PE and 40000 CE
Also added OI at Far OTM
have high Open Interest in weekly
Asia-Pac Equity Markets Begin Subdued As The Region Takes Its Cue From The Negative Lead From The US Where Stocks Reversed Initial Gains Amid Continued Upside In Yields; ASX 200 (-0.9%), Nikkei 225 (-0.4%), KOSPI (-0.2%)
Stocks Ban In F&O: Bhel, Delta Corp, Indiabulls Hsg, India Cement, Zeel
STOCKS TO WATCH: AXIS BANK, TATA CONSUMER, COFORGE, UBL, ITC, L&T FIN, HAL, DYNAMATIC TECH, DIXON TECH, ICICI SEC, UTI AMC, KEI IND, SUZLON, IEX, BAJAJ FINANCE, SHRIRAM TRANSPORT, AARTI DRUGS
Earnings Today: Amber Ent, Ambuja Cements, Atul, Bajaj Finserv, Bajaj Hold, Birla Soft, Car Trade, Century Enka, Chalet Hotels, CreditAccess, CRISIL, CSB Bank, DLF, Finolex Ind, Garware Technic, Glenmark Life, GNA Axles, HDFC Life, Hind Zinc, HUL, IDBI Bank, IRB Infra, JK Bank, JSW Steel, Jubilant Pharmo, Kewal Kiran, Kokuyo Camlin, Laurus Labs, Meghmani Organic, Motilal Oswal, Nacl Ind, PNB Gilts, Poonawalla Fin, Ramkrishna Forge, Rane Madras, Rattan Power, Reliance, Route, S H Kelkar, Sasken Tech, SBI Life, Shanti Gears, Sharda Crop, Tata Steel Long, Tejas Networks, Tips Ind, Torrent Pharma, United Spirits, Vip Ind
NIFTY 50 for tomorrow - 21 October 2022Nifty opens the gap down below the support of 17500 and moved all the way to 17421-17400 to find the support.
It formed a bullish candle at the support indicating strength in the index and moved all the way to 17600 levels.
For tomorrow if it opens gap up above 17600, it might move towards 17700-17720.
Though if it opens flat or gaps down, it might test 17400 again.
So the nifty does look sideways
upper range: 17600
lower-range 17400
For me buy on dips near support levels
Nifty and Bank Nifty Levels for 20 Oct 2022SGX NIFTY is indicating a Gap down opening
👉 SGX NIFTY is trading at 17350 down by 153 points
👉 US futures are in Red
👉 ASIAN Market is in Red
👉 USDINR at 83.00
In Nifty 17000 PE and 17600 CE have high Open Interest in weekly
In BankNifty 40000 PE and 40500 CE have high Open Interest in weekly
Asia-Pac Equity Markets Are Negative Following The Weak Handover From Wall St Owing To The Higher Yield Environment As Global Inflationary Headwinds Offset Earnings Momentum; ASX 200 (-1.0%), Nikkei 225 (-1.1%), KOSPI (-0.6%)
Stocks Ban In F&O: Bhel, Delta Corp, Indiabulls Hsg, India Cement, Zeel
Earnings Today: Aarti Drugs, Aavas Financier, Asian Paints, Axis Bank, Bajaj Finance, Bharat Wire, Canara Bank, Central Bank, Coforge, Colgate, Control Print, Dixon Tech, Embassy Office, Eris Life, Eris Life, Granules India, Guj Ind Power, Happiest Minds, ICICI Sec, ICRA, IEX, ITC, KEI Ind, L&T Finance, Lakshmi Machine, Mastek, Meghmani Fine, Menon Bearings, Mphasis, Nath Bio-Genes, Nazara Tech, Nelco, Som Distilleries, Symphony, Tanla Platforms, Tata Consumer, Union Bank, United Breweries, UTI AMC, Zensar Tech
STOCKS TO WATCH: KAVERI SEED, FILATEX INDIA, AU SMALL, MAH SCOOTERS, PERSISTENT SYSTEMS, JINDALSTEL, NLC, METRO BRANDS, RALLIS INDIA, INDUSIND BANK, NIPPON LIFE, SHOPPERS STOP, KOTAK BANK, TATA MOTORS, MAX FIN, BEL, IIFL WEALTH, DCM SHRIRAM, HAVELLS, SAGAR CEMENTS, RCF, LUPIN
Nifty Weekly ChartA trendline from the last year's 2021 October highs is where Nifty is facing resistance right now.
Once this is crossed then the immediate resistance will be recent highs which is at 18100.
If it couldn't sustain then Nifty might see 16300 again.
This week's closing candle can give us a clear picture of the upcoming Nifty move.
Watch out for upcoming moves.
NSE:NIFTY
Nifty Important levels and trade plan for Thursday, 20.10.22Nifty in daily time frame produced a Doji candle today, and possibility we may see a correction in the present uptrend, so for coming two three days, for Nifty we may mainly look for bearish side trades but always keeping mind that it may reverse at any time, continuing its bullish uptrend.
For tomorrow, 17599, 17646 and 17704 will be the resistance levels, and in bottom, 17454, 17409, 17352 will be the levels of concern.
In case of flat opening tomorrow, for both the sides we will have to wait for a price action to form, preferably in 15 minute time frame. In upside, we may expect a reversal from 17599, but above this level, there shall be no reversal possible, at least for tomorrow. But, for downside, we may see reversals from any level, so we have to plan our trades accordingly.
For huge gap up opening, near 17599 level only, we will plan for downside trade, opening above this level, we may have to wait for the first half to enter into a proper trade.
But, for gap down opening, near any support level, we may plan for reversals, in case of proper price action in lower time frame.
**All support/resistance levels depend on PDH/PDL, breaking either side may change the levels plotted*
**Time of plotting the levels and planning 18th October, 9:05 PM**
***Personal opinion, not a trading advice***
NSE:NIFTY Analysis/Prediction for tomorrow expiry 20-10-2022NSE:NIFTY Analysis/Prediction for tomorrow
Note: If market opens flat or 50 to 60 points GAP there are maximum
chances that the price will be in range so try to
trade after 1 PM, one side movement could be possible.
for Gap-UP opening
🟢 Buy CE above 17620
✔️ Target Should be 17720
🔴 Avoid PE
For Gap-Down
🟢 Buy CE above 17520
✔️ Target Should be 17620, 17720
🔴 Buy PE below 17440
✔️ Target Should be 17350
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.
NIFTY50 is looking Indecisive
🤑 Nifty is likely to be INDECISIVE till it's between 17445 and 17535.
❓ Reason: Because Nifty is far away from the Target of ATM Machine Indicator on Hourly Chart.
🚧 Upside Hurdles: 17580.
🚧 Dowside Hurdles: 17350, 17135.
🌈 Advice: 1.) Take reversal trade near these levels, or 2.) Wait for Breakout and Sustainability.
🟡 Positional Trend is Indecisive.
🔴 Long Term Trend is Negative.
📢 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.
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Nifty and Bank Nifty Levels on 19 Oct 2022Good morning 🌞
Have a profitable day 💰👍🏻
Morning Market Update 19 Oct 2022
SGX NIFTY is indicating a Flat opening
👉 SGX NIFTY is trading at 17520 up by 25 points
👉 US futures are in Green
👉 ASIAN Market is in Green
👉 USDINR at 82.28
In Nifty 17400 PE and 17500 CE have high Open Interest in weekly
In BankNifty 40000 PE and 40500 CE have high Open Interest in weekly
👉 Asia-Pac Stocks Lack Firm Direction After The Choppy Performance Stateside, While US Equity Futures Are Propped Up Following The Earnings Beat By Netflix And United Airlines After Hours; ASX 200 (+0.3%), Nikkei 225 (+0.2%), KOSPI (-0.2%)
👉 Stocks Ban In F&O: Bhel, Delta Corp, Indiabulls Hsg, India Cement, Zeel
👉 Earnings Today: 5Paisa, Accelya Kale, Agro Tech Foods, AU Small, CG Power, DB Corp, DCM Shriram, Hatsun Agro, Havells, HDFC AMC, Home First, IndusInd Bank, Inox Leisure, JK Agri, Jhonson Control, K.P Energy, Mah Scooters, Max Financial, Metro Brands, Navin Fluorine, Nestle, Nippon, Oracle Fin, Persistent, Rallis India, Rane Brake, Sagar Cement, Shemaroo Ent, Shoppers Stop, Ultratech Cement