Get started

Niftyanalysis

Nifty Important levels and trade plan for Wednesday, 19.10.22On daily time frame Nifty is bullish, and we may expect the continuation of this trend in coming days, up to a certain level, but we can not expect huge rally in continuation, it must take a pause somewhere. Between 17500 and 17477 is the CPR for tomorrow, in morning session, in case of flat opening, below CPR we will go for sell trades, 17439, 17373 and 17268 will be the targets in this side. Here in bearish trade, we must use tight stop loss, as the trade will be against the major trend, which is bullish. Now above CPR, we will initiate buy trades, 17541 will be the first level of concern, from where we may expect Nifty to take a reversal, but after Nifty crossing this level, we may expect to hit the second target i.e. 17661. In fact for safe trading, we may avoid trading in between the bottom of CPR and 17541 level. For opening below CPR and 17439, may expect a reversal, but opening below 17439, we may expect a continuation in downside, and we will have to plan accordingly. Similarly, opening above 17451, we may see a retracement, and then after correction, may expect a trend continuation in upside. For both up and downside, we will plan for reversal trades, near support and resistance levels only *All support and resistance plotted are based on PDH / PDL For any reversal after breaking PDH / PDL, support and resistance levels will be different* **Time of plotting the levels and planning 18th October, 5:15 PM** ***Personal opinion, not a trading advice***
NSE:NIFTY1!Long
by rahulbora11
NSE:NIFTY Analysis/Prediction for tomorrow 19-10-2022 Analysis NSE:NIFTY /Prediction for tomorrow for Flat/Gap-Down/Gap-UP opening 🟢 Buy CE above 17530 ✔️ Target Should be 17630, 17720 🔴 Buy PE Below 16429 ✔️ Target Should be 17330 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
NIFTY 50 for tomorrow - 19 October 2022Nifty opened above the resistance zone , as we discussed in yesterday's post. We saw a good move in the first hour forming a bull candle. Then prices just consolidated within the range of the first-hour candle, the entire rest of the trading session. Expectation for tomorrow - Might open flat or gap up - Move towards 17530 - 17560 - if opens gap up above 17530, the price would move fast towards 17630- 17650 Immediate support 17400- 17420 Today's closing 17490
NSE:NIFTY
by manuagarwal21
Nifty and Bank Nifty Support & resistance levels on 18 Oct 2022Good morning 🌞 Have a profitable day 💰👍🏻 Morning Market Update 18 Oct 2022 SGX NIFTY is indicating a Gap up opening 👉 SGX NIFTY is trading at 17462 up by 147 points 👉 US futures are in Green 👉 ASIAN Market is in Red 👉 USDINR at 82.19 In Nifty 17300 PE and 17300/17500 CE have high Open Interest in weekly In BankNifty 39500 PE and 40000/40500 CE have high Open Interest in weekly 👉 Asia-Pac Stocks Follow Suit To The Gains Across Global Peers After The UK's New Chancellor Announced A Reversal Of Most Of The Measures In The 'Mini-Budget' And As US Bank Earnings Also Added To The Tailwinds; ASX 200 (+1.3%), Nikkei 225 (+1.4%), KOSPI (+1.2%) 👉 STOCKS TO WATCH: MAH SEAMLESS, CONTAINER CORP, CANFIN HOMES, KSB, ADANI TRANS, ORIENTTAL HOTELS, ASTER DM, TATA COFFEE, SJVN, ASHIANA HSG, JINDAL DRILLING, ZEE ENT, SAMVARDHANA, ANDANI ENT, TATA METALIKS, MOTILAL OSWAL, SHRIRAM TRANSPORT 👉 Stocks Ban In F&O: Delta Corp, Indiabulls Hsg, India Cement
NSE:BANKNIFTY
by PrathapTrader
Nifty Levels & Strategy for 18/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 has performed really well. Nifty as well as Bank Nifty range is slowly shifting in upward direction. FIIs have heavily added bullish positions in F&O contracts, US market is trading in green today and majority of the retail traders did exactly opposite to what FIIs did. May GOD bless retail traders. Please don't get carried away in one direction & work level by level with strict stoploss. We have to be patient enough to make some money and follow our rules without fail. Shall we look for buy on dips near major support levels & sell on rise opportunities if you get good trading setup ????? Yes, I think so. What do you think????? NIFTY SCORECARD DATED 17/OCT/2022 NIFTY IS UP BY 126 POINTS Name Price Previous Day Change % Change Nifty 17312 17186 126.10 0.73% India VIX 18.42 18.26 0.16 0.88% OPTION STATISTICS BASED ON 20/OCT/2022 EXPIRY DATA Max OI (Calls) 17300 (Open Interest: 6779000, CE LTP: 127.85) Max OI (Puts) 17000 (Open Interest: 6134000, PE LTP: 33.85) PCR 1 (PCR is in sideways zone ) Nifty Calls: ATM: Long Buildup, OTM:Long Buildup, ITM:Long Buildup, FAR OTM:Long Liquidation Nifty Puts: ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup Please do share your comments. Let us work & win together. Have a very happy, healthy & profitable day ahead!
NSE:NIFTY
by manishmgupta
NSE:NIFTY Analysis/Prediction for tomorrow 18-10-2022NSE:NIFTY Analysis/Prediction for tomorrow for Flat/Gap-Down opening 🟢 Buy CE above 17325 ✔️ Target Should be 17425 🔴 Buy PE Below 16225 ✔️ Target Should be 17150, 17050 for Gap-UP opening 🟢 Buy CE near 17310 ✔️ Target Should be 17425, 17480 🔴 Avoid PE 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
2
NIFTY FOR TOMMOROW - 17-Oct-2022Nifty opened slightly gap down. Recovered right from the opening Closed near day's High. Considering the opening, follow-up moves, and closing, the price did well today, suggesting it might open flat or gap up tomorrow. Volatility is still on the cards Today's Close: 17311 ( closed at RZ) Immediate resistance at 17310 -17400. Immediate Support at 17240- 17180 Tomorrow's opening will decide the fate of further price action Further Resistance: 17500-17530 Further Support: 17000
NSE:NIFTYLong
by manuagarwal21
Nifty levels for 17 Oct 2022Good morning 🌞 Have a profitable day 💰👍🏻 Morning Market Update 17 Oct 2022 SGX NIFTY is indicating a negative opening 👉 SGX NIFTY is trading at 17079 down by 134 points 👉 US futures are in Green 👉 ASIAN Market is in Red 👉 USDINR at 82.34 In Nifty 17000 PE and 17300 CE have high Open Interest in weekly In BankNifty 33900 PE and 39500 CE have high Open Interest in weekly 👉 Asian Stocks Are Negative After Friday's Declines On Wall St Where Risk Assets Were Hit By Inflationary Concerns, While The Region Also Digests Hawkish Global Central Bank Rhetoric And China Sticking To Its Strict COVID Policy; ASX 200 (-1.4%), Nikkei 225 (-1.1%), KOSPI (-1.2%) 👉 STOCKS TO WATCH: DMART, HDFC BANK, L&T INFO, GARWARE TECH, BAJAJ AUTO, TATA ELXSI, JUST DIAL, DBL, BIRLA CORP, DLF, NBCC, ANSAL PROP, ADANI PORTS, ICICI PRU, SHREE CEMENT, NARAYANA HRUD, OLECTRA GREEN, TATA POWER, VOLTAMP TRANSFORMERS 👉 Stocks Ban In F&O: Delta Corp, Indiabulls Hsg, India Cement
NSE:NIFTY
by PrathapTrader
Index @ a crucial level #Nifty - Last Friday Nifty broke out from the trendline but open with a gap and failed to hold at higher levels. Today its preparing to open near support of 17070. If the index took support @ 17k range and bounced then it can be considered as retes. Levels on highers side - 17160, 17270, 17350 & 17420 On down side Supports - 17070, 16950, 16775 #Note - The idea is shared for educational purpose and not a trade recommendation, Please trade after consulting your trade advisor. We don't give any assurance of profit or loss.
NSE:NIFTY
by TheStocktrader_Skn
Stock Market update for 17th October 22Good Morning Friends, We have seen very volatile days in the last week. We have seen a huge gap up on Friday's session, but the index has failed to positive bias because of the profit booking on the top level. You guys need to understand the market cycle and the market structure and always consider seeing the big picture to understand it. Indian Market is not bearish at all, and Nifty still holds 16,900. During the week, investors have been risk-averse due to rising geopolitical turmoil and worries about the global economic slump. However, compared to global counterparts, domestic sell-off was not as aggressive since DIIs inflows supported FII selling. The domestic market also focused on quarterly earnings as the IT sector got off to a robust start, which improved the sector's spirits. Oil prices also decreased due to weak demand brought on by recessionary worries and tightening Chinese regulations, which marginally helped India. US inflation data came slightly higher than expected, raising fears of an aggressive rate hike. However, the US market rapidly recovered due to the oversold trajectory and limited upside risk to the market & economy. We expect the rally to continue in the short term, led by festival demand, Q2 results, and the positive trend of the global market. Buying at a dip is the best strategy in this scenario, focusing on domestic economy-oriented stocks and sectors. The sectors expected to outperform are IT, pharma, FMCG, durables, green initiatives, speciality chemicals, and mass manufacturers, with value buying as the theme. Intraday =========== SGX and India USD closed on a negative note on Friday night, but the Morning session remains, and it can be recovered, so we will see a flat to negative opening. Using 2 hours chart to understand the Intraday Nifty50 is still in correction mode in the daily time frame, but we have seen a reversal sign in the hourly chart. Confirmation is above 17,500. I have marked some levels on the chart. Please look at the price formation and try to understand it. Lowers low stop, Created a double bottom on 13th October and opened with a massive gap up on the 14th October session. High Problaity trade is on the long side of the correction, not on the breakouts, and This is the best strategy to trade in a declining market. Key Resistance : 17,350 Key Support: 17,140 Swing Positions for the October and November Month ========================================== India USD and Nifty have made an Inverse head & shoulder pattern on a daily and 4-hour chart. We just need a confirmation ( 17,500) to build short-term long positions. So wait and watch, and the next couple of week is going so Important for traders. See the below chart to understand the swings. Good Luck :)
NSE:NIFTYLong
by CodeViser
3
Nifty Levels & Strategy for 17/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 simply followed the US market & jumped up 1.01%. Nifty consolidated throughout the day after initial gap-up & offered an excellent opportunity to option writers. Nifty corrected due to profit booking & closed above the major support level. We have very interesting data setup for tomorrow. US markets closed in red so we are likely to start with a mild gap-down. FIIs have heavily added long positions in F&O so we should expect a bounce back from lower level. Later, we can work based on good quality trade setups. This indicates bulls as well as bears will get opportunities. Shall we look for buy on dips near major support levels & sell on rise opportunities if you get good trading setup ????? Yes, I think so. What do you think????? NIFTY SCORECARD DATED 14/OCT/2022 NIFTY IS UP BY 171 POINTS Name Price Previous Day Change % Change Nifty 17186 17014 171.35 1.01% India VIX 18.26 20.29 -2.03 -10.02% OPTION STATISTICS BASED ON 20/OCT/2022 EXPIRY DATA Max OI (Calls) 18000 (Open Interest: 6346850, CE LTP: 2.6) Max OI (Puts) 16500 (Open Interest: 3353700, PE LTP: 7) PCR 0.67 (PCR is in oversold zone) Nifty Calls: ATM: Short Covering, 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 Please do share your comments. Let us work & win together. Have a very happy, healthy & profitable day ahead!
NSE:NIFTY
by manishmgupta
How I Traded the market today 13/10/2022 As I discuss yesterday wide range of markets 16800-17500. The market opens way beyond our expected range. whenever this happens I wait. I was tempted to take a trade around 17270 to buy but couldn't execute and missed 50-60 points. however, aftermarket cross 17330, I start looking for sell. so I shot around 17325 with Sl 17350. and exit around 17200. now why I took the trade ...it was based on two factors, first Rsi was overbought in 15 min chart and Second, there is a double top on 15 min chart. Generally, I hedge at a lower level but the market is very volatile within the range. Thanks
NSE:NIFTYEducation
by ASHWINIKUMAR2101
NIFTY50 is looking Bullish.#NIFTY50 is looking Bullish. 🤑 Nifty is likely to be Bullish till it's above 16990. ❓ Reason: Because Nifty is very far away from Bears Target in ATM Machine Indicator on Hourly Chart. 🚧 Upside Hurdles: 17070, 17140, 17270, 17340, 17450. 🌈 Advice: 1.) Take reversal trade near these levels, or 2.) Wait for Breakout and Sustainability. 🟢 Positional Trend is Positive. 🔴 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. 🙏🏻 Come to Learn, Go to Earn🙏🏻 ✅ We are NISM Certified. ✅ ☔If you find us useful, Please help the helpless near you.☔ ☺Happy to Help.☺
NSE:NIFTYLong
by OhoTrading