nifty pre market analysis14 SEP ANALYSIS:
Daily analysis:
PS-Position size
Nifty opens:
side: if it gives breakout buy(50)
gapup: see further price-action
gapdown: no trade
big gapdown: sell on breakdown
Banknifty
side: if it gives breakout buy(50)
gapup: see further price-action
gapdown: no trade
big gapdown: sell on breakdown
Niftyintradaylevels
NIFTY--Sustain or Decline??The price has recently broken its all-time high (ATH) with strong momentum. Following a significant upward surge, it found support at the previous resistance level and continued its upward trajectory.
However, today, it failed to break the recent high. The outcome of tomorrow's trading session will be crucial for NIFTY's ability to maintain its position above the ATH. If the price fails to resume its upward movement tomorrow, it could attract selling pressure, potentially leading to a downward trend.
Therefore, tomorrow's price action holds significant importance as it will determine whether NIFTY can sustain its position above the all-time high. A failure to move higher could prompt bearish sentiment and open the possibility of a short-term decline.
Trade safe...
NIFTY--13-09-23I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies.
Trade safe...Thank you guys for your support.
#NIFTY Intraday Support and Resistance Levels -13/09/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 20000 level and then possible upside rally up to 20120 in today's session. in case nifty trades below 19980 level then the downside target can go up to the 19860 level.
13.09.2023 NIFTY- 20000 CE & 20000 PENifty Spot : 19985.65
Dear Followers Kindly Don't Take Any Buy or Sell Trades Today... Please Watch My Option STRIKES & Level One Week.
Draw The Lines Buy, Sl, T1 to T5 Lines In Your Broker Application
Trailing Purpose Only.
Option Strike : 20000 CE
Buy At : 100, Sl : 85, Next Sl : 60
Target : 119
Target : 143
Target : 166
Target : 190
Target : 209
Target : 238
Target : 261
Target : 285
Option Strike : 20000 PE :
Buy At : 90, Sl : 80, Next Sl : 55
Target : 113
Target : 135
Target : 158
Target : 180
Target : 203
Target : 225
Target : 248
Target : 270
Every Target Point Is An New Buy Entry. First You Conform The Trend..
Market Goes Uptrend Or Downtrend. Then Only You Entre CE or PE Strike.
If You Enter... Stop Loss is Below The Entry 15 To 25 Points.. Otherwise You Loss The Money.
Kindly Watch My Break Even Point. Every Day.
Above The Break Even Point UPTREND Starts
Below The Break Even Point DOWNTREND Starts.
Don"t Enter Blindly.
NIFTY--Rally Base Rally ??After the break of trendline,the Index is continue its momentum towards high...
If this rally continues to move upside, we are still pending with some more momentum left,
will soon this will touch 20600 levels.
Price broken the Bench mark of 20000 level today, but failed to close above the 20K.
NIFTY 11.09.2023 LEVELNifty Spot : 19819.95
Dear Followers Kindly Don't Take Any Buy or Sell Trades Today... Please Watch My Option Level One Week.
Draw Buy, Sl, T1 to T5 Lines In Your Broker Application
Trailing Purpose Only.
Option Strike : 19800 CE :
Buy At : 98, Sl : 64
Target : 122
Target : 147
Target : 172
Target : 196
Target : ++++++++
Option Strike 20150 PE :
Buy At : 95, Sl :62
Target : 119
Target : 143
Target : 166
Target : 196
Target : +++++++++
Every Target Is An Entry Point. First You Conform The Trend..
Market Goes Uptrend Or Downtrend. Then Only You Entre or buy The Strike.
If You Enter Stop Loss is Below The Target 20 To 30 Points.. Otherwise You Loss The Money.
Kindly Watch My Break Even Point. Every Day.
Above The Break Even Point UPTREND Starts
Below The Break Even Point DOWNTREND Starts.
Don"t Enter Blindly.
NIFTY--Retracement or Reversal ?? The price has exhibited significant bullish momentum starting from the 19,200 levels. However, before attempting to challenge the bearish gap left at the all-time high (ATH), it's likely to experience retracements towards previous resistance levels.
Should these resistance levels fail to sustain upward pressure, a notable bearish reversal could become apparent. Following a period of strong bullish movement, the price appears to have entered a ranging phase.
During this phase, it may be prudent to consider short positions, anticipating the possibility of price offering discounts before potentially resuming its upward trajectory.
If retracement failed, they will take the price entirely to the bottom side...keep safe before long. Reversal may occur.
NIFTY--08/09/23I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements. Support levels are price points where an asset tends to find buying interest, preventing it from falling further. Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies.
Trade safe...Thank you guys for your support.
#NIFTY Intraday Support and Resistance Levels - 08/09/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19740 level and then possible upside rally up to 19860 in today's session. in case nifty trades below 19710 level then the downside target can go up to the 19590 level.
NIFTY 08.09.2023 LEVELSNifty Spot : 19727.05
Dear Followers Kindly Don't Take Any Buy or Sell Trades Today... Please Watch My Option Level One Week.
Draw Buy, Sl, T1 to T5 Lines In Your Broker Application
Trailing Purpose Only.
Option Buy 19600 CE : Buy At : 133, Sl : 86
T1 :166, T2 : 200, T3 : 233, T4 : 270, T5 : 300
Option Buy 19600 PE : Buy At : 82, Sl : 53
T1 : 102, T2 : 123, T3 : 143, T4 : 164, T5 : 184
Kindly Watch My Break Even Point. Every Day.
Above The Break Even Point UPTREND Starts
Below The Break Even Point DOWNTREND Starts.
SL Break Even Point Near
NIFTY--Bull trap or Bear Trap??Price is exactly closed in the previous strong fall area.
At the end of the session, the price is showing strong bullishness.
In this bullishness, if buyers exit their positions at this zone...tomorrow it is bearish, continue its move downside.
If this is a bull's continuous move, it will continue upwards and test the bearish gap.
will see in the next session what happens.
06 SEPT 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open Flat
After A Flat opening if Banknifty sustain Above 44650 and taking Support from 44650 then open target for T1-44700,T2-44900,T3-45000
If the Banknifty Flat opening sustain Below 44400 and taking resistance below 44400 then the open Targets for T1-44300,T2-43100,T3-44000
Major Levels 44500,44200,44600
If the market stande in this area of 44500 to 44700, then it is possible that even today the market will remain in the range.
NIFTY--Liquidity @19400 ??Price is trending upwards from 19250 levels..
we have a bearish gap left at 19650 levels...
that bearish gap may again acts as resistance...
on bottom side we have liquidity @19400 levels.One more strong resistance at 19750 levels,
at 19650 levels wait if turned to be bearish ...if no bearishness price will touch the 19750, keep in bullish side from 19400 levels.
#NIFTY Intraday Support and Resistance Levels - 05/09/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19560 level and then possible upside rally up to 19680 in today's session. in case nifty trades below 19510 level then the downside target can go up to the 19390 level.
NIFTY--Consolidation + Bullish ??Nifty index,
After breaking a trendline failed to move upside....
Now after 3 successive gap ups price tested the support again and showing us strong bullish in action.
multiple times price taken the reversal from 19500 levels...
this level is failed to take the price downside...
If this strong bullish momentum will clears an obstacle to reach the bearish gap left @19750 levels... then will soon that level be tested.
If price opens up and may continue upside... or
if price may gives us some retracement to 19380-19360 levels will look for long , gives us discount.
Its already giving discount after 3 successful gap ups, saying I am bullish
we have resistance @ 19600 may gives us pullback if it is a bullish scenario.
this is the only shortcut way to reach the resistances again...
If we see at 19300 levels price consolidation + moving upside means a chance of bearish again...keep safe before long after these resistances.
will see in the next session what happens...