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Niftyshortlevels

Nifty Intraday and Swing Trade Analysis For 06/01/25 And weekly In this post, I’m sharing my detailed analysis of Nifty 50’s recent price action, focusing on intraday and swing trades. This setup incorporates technical patterns, volume confirmation, and Smart Money Concepts (SMC) to identify high-probability trade opportunities. Key Observations Bearish Momentum Across Timeframes: Both daily and intraday charts show strong bearish trends validated by supply zones and volume spikes. Critical Levels Identified: Resistance: 24,200 - 24,400 (Supply Zone). Support: 23,950 (Intraday) and 23,700 - 23,500 (Swing Levels). Volume Profile: Volume spikes on breakdowns confirm institutional involvement. Trade Plan: Intraday Scenario 1: Sell Below 23,950 Entry: Below 23,950 (confirmed breakdown). Stop Loss: Above 24,050. Target 1: 23,900. Target 2: 23,850. Rationale: Break below 23,950 signals bearish continuation with strong seller dominance. Scenario 2: Buy Above 24,050 Entry: Above 24,050. Stop Loss: Below 23,950. Target 1: 24,100. Target 2: 24,150. Rationale: Reclaiming 24,050 indicates a potential bullish reversal. Confidence Level: Moderate (requires strong buying volume). SWING TRADING Scenario 1: Swing Sell Below 23,900 Entry: Below 23,900. Stop Loss: Above 24,150. Target 1: 23,700. Target 2: 23,500. Rationale: A breakdown below 23,900 aligns with the long-term bearish structure and supply rejection. Scenario 2: Swing Buy Above 24,200 Entry: Above 24,200. Stop Loss: Below 24,000. Target 1: 24,400. Target 2: 24,600. Rationale: Clearing the supply zone at 24,200 would confirm a trend reversal. Confidence Level: Moderate. Advanced Concepts Used Smart Money Concepts (SMC): Supply Zone: 24,200 - 24,400. Demand Zone: 23,700 - 23,500. Liquidity Trap: Below 23,950. Volume Confirmation: Selling volume spikes during breakdowns confirm bearish moves. Low-volume retracements suggest weak buying interest. Indicators: RSI: Below 50 on daily charts, supporting bearish momentum. MACD: Bearish crossover on daily charts aligns with the trend. Moving Averages: Price below the 20 EMA and 50 EMA reinforces bearish bias. Why This Trade Setup Stands Out This analysis combines the best of price action, volume confirmation, and advanced SMC tools. Each level and decision is backed by data and market behavior, ensuring a methodical approach to trading. Disclaimer The views and trade ideas shared in this post are for informational and educational purposes only. They are not financial advice and should not be construed as a recommendation to buy, sell, or hold any securities or financial instruments. Trading involves significant risk, and you should carefully consider your financial situation, objectives, and risk tolerance before making any trading decisions.
NSE:NIFTYShort
by thirdeyecs
2
Nifty: Successful short trade based on good quality trade setupDear traders, I have identified chart levels, trade setup 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 An example of a successful short trade in Nifty based good quality trade setup. Technical indicators worked really well. Please do share your thoughts. Thanks
NSE:NIFTYShort
by manishmgupta
Nifty Levels & Strategy for 13/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, Nifty traded perfectly within previously identified range (please refer yesterday's chart & strategy). FIIs have flipped the their side from selling to buying and retail flipped from bullish to bearish . We need to trade patiently and wait for right trade setup then working level by level based on technical indicator is likely to remain profitable (e.g. buying near previous day's low and profit booking near major resistance level). FIIs/Big players did exactly opposite to what retail traders did. Today, bears got trapped heavily. Retail traders should trade only in monthly options with strict SL else continue to donate your hard earned money to FIIs/Big players. Tomorrow's expiry is likely to remain volatile. Bulls, bears & options writers are likely to get chance to make decent money who will work patiently. Shall we continue with sell on rise near resistance levels and buy on dips near major support levels if you get good trading setup ????? Yes, I think so. What do you think????? NIFTY SCORECARD DATED 12/OCT/2022 NIFTY IS UP BY 140 POINTS Name Price Previous Day Change % Change Nifty 17124 16984 140.05 0.82% India VIX 20.18 20.49 -0.32 -1.54% OPTION STATISTICS BASED ON 13/OCT/2022 EXPIRY DATA Max OI (Calls) 17500 (Open Interest: 10661300, CE LTP: 1.8) Max OI (Puts) 17000 (Open Interest: 8789700, PE LTP: 35.25) PCR 0.79 (PCR is in bearish zone) Nifty Calls: ATM: Short Covering, OTM:Short Buildup, ITM:Short Covering, FAR OTM:Long Liquidation Nifty Puts: ATM: Short Buildup, OTM:Short Buildup, ITM:Long Liquidation, 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
2