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Niftylevels

Today's high 24661 a strong resistance point to watch out for. Today's high 24661 a strong resistance point to watch out for. If Nity is not above to close above this level then we can see the fizz of the current rally going out and Nifty can go searching for supports in the short term. If we get a closing above 24661 the top of the trend seems to be near 24726 for now. Supports for Nifty seem to be near 24593, 24526, 24476 and the zone between 24443 (50 Hours EMA) and 24404. Below 24404 closing the bears will get some breathing space and can pull nifty further down.
NSE:NIFTY
by Happy_Candles_Investment
NIFTY - Correction ahead of BudgetAt this juncture, nifty is expected to correct to the mentioned levels & to continue its rally towards 25,000 ~ 25,400 levels before any monthly correction can happen. The correction will be progressing through various barriers of supports(FIBONACCI & T.lines). SI - 24,162 SII - 24,010 SIII - 23,881 ~ 23,855 levels (V.imp support coincidence of .5% & mid T.line) The strategy is to take short today after testing the previous High @ 24,401 (the move might start today or 2 days later, Tentative) Trade Accordingly
NSE:NIFTYShort
by WDG_Dinesh_Gengarajan
Good Support taken by Nifty today but trendline resistance loomsNifty today took a support at 24141 and market a recovery where it closed at 24324. If Nifty is able to close or hold above 24353 there can be recovery which can lead to Nifty going as high as 24403 or 24461. If and when we get a closing above 24461 we can think of crossing 24500 and hitting a high of 24520 for now. If the resistance of 24353 is not corseed and we do not get a closing above it Nifty can again go fetching a support. The support for Nifty are at 24286, 24243 (50 hours EMA)(Strong Support), 24141 and 24054. Below 24054 Bears can stake a claim and pull the Nifty further down.
NSE:NIFTY
by Happy_Candles_Investment
Nifty_Intraday (11-Jul-2024)The image you provided is a TradingView screenshot showing a 15-minute candlestick chart of the Nifty 50 index from July 9 to July 11. This chart features several technical details: Date and Time: The chart includes timestamps, helping to track price movements throughout the trading days depicted. Exponential Moving Average (EMA): A 20-period EMA is plotted, which helps in determining the trend and potential support or resistance areas. Trading Signals: -Buy Signal: There's a green arrow pointing upwards with the annotation "Buy Above 24375 Tgt Open for 24500+". This indicates a potential bullish breakout strategy where buying is recommended above 24,375 with an open target extending towards 24,500 or beyond. -Sell Signal: A red arrow points downwards with the annotation "Sell Below 24250 Tgt 24000-". This suggests a bearish strategy recommending selling below 24,250 aiming for a target around 24,000.
NSE:NIFTY
by Praveenmor7
Nifty Intraday (10-Jul-2024)The image displays a chart for the Nifty 50 index from the National Stock Exchange of India, showing intraday movements on a 15-minute time frame. The chart includes details such as: Date and Time: Published on July 9, 2024, at 18:55 IST. Index Information: The Nifty 50 Index is shown at various prices, with the current price being 24,417.25, down by 16.80 points. Technical Analysis: There's a 20-period Exponential Moving Average (EMA) indicated at 24,401.59. Trading Recommendations: -Buy Signal: A green arrow points upwards with a note to "Buy Above 24450" targeting an open position above 24,550. -Sell Signal: A red arrow points downwards suggesting to "Sell Below 24375" with a target (Tgt) of 24,275 or lower.
NSE:NIFTY
by Praveenmor7
Nifty Intraday (09-Jul-2024)Description: Explore intraday trading analysis for Nifty 50. We've identified critical buy and sell levels based on the latest candlestick patterns and EMA trends. Buy Signal: Consider a long position if Nifty 50 rises above 24,350, with an open target of 24,450+. This move suggests bullish momentum could extend further, offering a potential profit opportunity. Sell Signal: A short position is advisable if the index drops below 24,265, targeting 24,150-. This setup is based on recent resistance and the potential for downward continuation. Chart Details: -Time Frame: 15 minutes -Indicator: 20-period Exponential Moving Average (EMA) Trading Strategy: The strategy utilizes precise entry and exit points to capitalize on short-term price movements. Risk management through stop-loss orders at strategic levels is recommended to minimize potential losses.
NSE:NIFTY
by Praveenmor7
Nifty Intraday (05-Jul-2024)The image is a chart displaying the 15-minute price movements of the Nifty 50 Index for July 3rd and 4th, 2024. It includes technical analysis with marked buy and sell signals: -Buy Signal: A suggestion to buy above 24,350 with a target open for 24,450 or more. -Sell Signal: A recommendation to sell below 24,275 with a target of 24,125 or lower. The chart also shows the 20-period Exponential Moving Average (EMA), which helps traders gauge the trend direction and potential support or resistance levels.
NSE:NIFTY
by Praveenmor7
Nifty Intraday (03-Jul-2024)15-minute intraday chart for the Nifty 50 index from a trading view. It includes data and trading strategies for July 4th, 2024. The chart displays price movements with a plotted Exponential Moving Average (EMA). There are strategic points marked for buying and selling: Buy Signal: The chart suggests buying if the index moves above 24,325 points with a target open for reaching above 24,450 points. Sell Signal: The chart suggests selling if the index falls below 24,225 points, with a target of reaching around 24,100 points.
NSE:NIFTY
by Praveenmor7
NIFTY - Trend ContinuationAs it happens there seems to be some strength left in the bullish cycle. This is based on the fact that the trendlines that were resisting till now can't hold it anymore & need much stronger resistance which is where the market is headed (to 24,300 levels) All of this analysis is attributed to the development of interim weekly correction that collapsed the overall wave analysis done earlier (it calls for an additional 3 waves --> UP-DOWN & UP) Strategy: Long only if the market stays above 23,680 with a limited position only SL: 23,620
NSE:NIFTYLong
by WDG_Dinesh_Gengarajan
Nifty Intraday (02-Jul-2024)An intraday trading chart for the Nifty 50 Index on July 2, 2024, captured in 15-minute intervals. Here's a detailed overview of the chart: Candlestick Format: Utilizes candlestick bars to depict price action for each 15-minute period, indicating open, high, low, and close prices. Exponential Moving Average (EMA): A blue line representing the 20-period EMA is visible, which helps traders identify the trend's direction and dynamic levels of support or resistance. Trading Signals: -Buy Signal: A green arrow points upwards, suggesting to buy if the Nifty exceeds 24,150, with an open target potentially reaching or surpassing 24,275. -Sell Signal: A red arrow pointing downwards indicates a selling opportunity if the index falls below 24,075, with a target of 22,950. Technical Analysis Overview: The chart illustrates the Nifty's price movements within a sideways to an upward trend, using the EMA line as a reference point for potential support or resistance levels. The annotations provide strategic entry and exit points based on specific price thresholds.
NSE:NIFTY
by Praveenmor7
Nifty Intraday (01-07-2024)The image displays a trading chart for the Nifty 50 Index, showing a 15-minute interval, as observed on July 1, 2024. Here are the key features of the chart: Candlestick Format: Each bar represents a 15-minute trading interval with indications of opening, high, low, and closing prices. Exponential Moving Average (EMA): A blue line represents the 20-period EMA, providing insight into the trend's direction and potential support or resistance levels. Trading Signals: -Buy Signal: A green arrow suggests buying if the Nifty moves above 24,035, with an open target above 24,150. -Sell Signal: A red arrow indicates a selling position if the index drops below 23,950, aiming for a target of 23,825. Technical Overview: The chart captures the intraday movement of the Nifty index, illustrating volatility and potential trading zones based on the EMA and past performance.
NSE:NIFTY
by Praveenmor7
Nifty Important Levels and Trade Plan - 27 JuneKey Levels: 23,890: Major resistance, strong selling pressure observed. 23,750: Intermediate resistance, potential for minor pullbacks. 23,660: Crucial support, frequently tested during pullbacks. 23,600: Strong support, potential base for upward movement. Please note: These levels are intended for intraday trading only. Disclaimer: All information provided is for educational purposes only. We are not SEBI registered. Please consult a SEBI registered financial advisor for your financial matters before making any investment decisions. We are not responsible for any profit or loss incurred. We appreciate your support and engagement. Please like, comment, and follow to provide encouragement. Happy trading! 👍
NSE:NIFTY
by piswingtraders