#NIFTY Intraday Support and Resistance Levels -25/10/2023Nifty will be gap down opening in today's session. After opening nifty start trading below 19250 level and then possible downside rally up to 19130 in today's session. in case nifty trades above 19300 level then the upside target can go up to the 19420 level.
Niftyprediction
Will nifty take support or Fall?Nifty have been falling for last whole week. Now it has come to the zone where it has a nice support zone. Nifty might take support near 19250 as shown in the chart.
Nifty seems to be roaming in Range of 19250 - 19500.
Reason:
Price < EMAs(13,200) (Bearish)
15 < RSI < 30 shows oversold zone. but having Less strength means weak bull power.
PCR = 0.55 (Bearish)
Price < 200 EMAs shows in bearish zone. (Bearish)
Price < VWAP (Bearish)
it has been a heavy fall might consolidate here.
Verdict :
Bearish, but also having price action level where it might take support.
Plan of action:
Wait for market to show a bullish signal like double bottom or bullish hammer. once direction is confirm then make the postion.
if break to downside let it retrace and then go Bearish.
Happy Dussehra! NIFTY Analysis/Prediction for 25-10-2023NSE:NIFTY Analysis/Prediction for tomorrow
If market opens flat or Gap-UP
🟢 Avoid CE
🔴 Buy PE Near 19400, 19510
✔️ Target Should be 100 points
If market opens Gap-Down (below 19200)
Avoid Trading or follow Price Action
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.
#NIFTY Intraday Support and Resistance Levels - 23/10/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19550 level and then possible upside rally up to 19670 in today's session. in case nifty trades below 19520 level then the downside target can go up to the 19400 level.
NIFTY Analysis/Prediction for tomorrow Monday 23-10-2023NSE:NIFTY Analysis/Prediction for tomorrow
If market opens in marked Price Range
🟢 Buy CE above 19580
✔️ Target Should be 19675
🔴 Buy PE below 19510
✔️ Target Should be 19460, 19340
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.
NIFTY INTRADAY LEVELS FOR 23/10/2023BUY ABOVE - 19590
SL - 19560
TARGETS - 19640,19680,19720
SELL BELOW - 19530
SL - 19560
TARGETS - 19490,19450,19420
NO TRADE ZONE - 19530 to 19590
Previous Day High - 19590
Previous Day Low - 19512
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Short Sellers Can Be In Trouble In HDFC bankIn the given chart we can see that after big fall of two days,on daily price reverse back and close above the low of big red candle,which put short sellers in trouble who shorted on big red bars ,once price keep trading above the low of big red candle they will look for cover which can lead to short covering and also rally will resume
WEEKLY RSI AND DAILY RSI IS ALSO AT 40,SUPPORT EXPECTED
WITH 3 MONTHS BEEN IN FALL NEXT MONTH OR THIS MONTH CANDLE CAN BE GREEN MARK IT FRIENDS.
NIFTY--Support @19360 ??I 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.
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 - 20/10/2023Nifty will be gap down opening in today's session. After opening nifty start trading below 19600 level and then possible downside rally up to 19480 in today's session. in case nifty trades above 19630 level then the upside target can go up to the 19750 level.
NIFTY INTRADAY LEVELS FOR 20/10/2023BUY ABOVE - 19680
SL - 19640
TARGETS - 19720,19750,19780
SELL BELOW - 19600
SL - 19640
TARGETS - 19540,19500,19450
NO TRADE ZONE - 19600 to 19680
Previous Day High - 19680
Previous Day Low - 19510
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY Analysis/Prediction for tomorrow 20-10-2023NSE:NIFTY Analysis/Prediction for tomorrow
If market opens Gap-Up (Above 19670)
🟢 Buy CE above 19750
✔️ Target Should be 19850
🔴 Avoid PE
If market opens flat or gap-down
🟢 Avoid CE
🔴 Buy PE below 19590
✔️ Target Should be 19500
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.
NIFTY--Consolidation @19550-19450 ?? I 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.
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 LEVELS FOR 19/10/2023BUY - 19720
SL - 19690
TARGETS - 19780,19750,19810
SELL - 19780
SL - 19830
TARGETS - 19720,19680,19640
NO TRADE ZONE - 19680 to 19720
Previous Day High - 19840
Previous Day Low - 19660
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY Analysis/Prediction for tomorrow 19-10-2023NSE:NIFTY Analysis/Prediction for tomorrow
If market opens flat/Gap-Up
🟢 Avoid CE
🔴 Buy PE Near 19750 or below 19622
✔️ Target Should be 19540
If market opens Gap-Down Below 19600
🟢 Buy CE Near 19500
✔️ Target as per your R:R
🔴 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.