NIFTY50.....Wave iii complete! Corrective move ahead?Hello Traders,
the NIFTY50 reached on Friday the level of 24365 and fell to a close @ 24039.35!
This level (@24365) can be a wave iii! The next move would be a wave iv, that can retrace to 23585.
The next opportunity could be a wave c that is done or close to be done.
Chart analysis:
If the wave ii
About Nifty 50 Index
NIFTY 50 is the main index for the National Stock Exchange of India (NSE). It tracks the performance of the top 50 stocks by market capitalization from 13 sectors of the Indian economy. With such a relatively small number of companies within the index it still represents over 60% of the free float market capitalization of the stocks listed on NSE, and serves as a benchmark for fund portfolios and index funds. The list of the NIFTY 50 Index constituents is rescheduled every 6 month.
Nifty has hit a channel top with geopolitical events unravellingNifty was swiftly recovering after the Tariff war induced fall. On technical front Nifty has hit a channel top In the hourly line chart. Chanel tops are not easy to conquer and we saw Nifty retrieving today from there. Adding pressure to the rally is the Geo-Political situation after the Dastardly P
24 April Nifty50 trading zone prediction #Nifty50 #option trading
99% working trading plan
👉Gap up open 24382 above & 15m hold after positive trade target 24483, 24570
👉Gap up open 24382 below 15 m not break upside after nigetive trade target 24233, 24120
👉Gap down open 24233 above 15m hold after positive trade target 24382, 24480
👉Ga
NIFTY50.....Correction ahead?Hello Traders,
the NIFTY50 has achieved my target range @ 23872 and touched the wave x² range of a possible triple pattern. This was inline to my analysis!
It will be interesting to observe how market will react in the coming one or two days ahead!
Chart analysis!
As to seen, there is a trend line d
Nifty Elliott wave update for 29april Tuesday onwardsIn this Video I have explained Elliott wave analysis of Nifty on 3hour, 15 min chart and 5min chart in detail to conclude what are the possible scenarios possible in Nifty index from 29april Tuesday onwards.... Kindly watch full video for detail understanding. It will help you to understand how to u
#NIFTY Intraday Support and Resistance Levels - 29/04/2025Gap up opening expected in nifty near 24450 level. After opening if nifty starts trading and sustain above 24500 level then possible strong upside rally towards the 24750+ level in today's session. Any downside or reversal expected near 24450 level. Downside 24250 level will act as a strong support
Nifty--Demand Zone and Liquidity @23400 Nifty index is broken the strong resistance at 23800 levels and taken the liquidity at 24220 levels...
now price action is sideways or trading in a range bound market.
expecting some pullback for further continuation....
wait for buyers exhaustion before short...
we have a clear demand zone at 2340
#NIFTY Intraday Support and Resistance Levels - 28/04/2025Nifty will open gap up in today's session. Expected opening near 24200 level. After opening if 24150-24250 zone will act as a consolidation for today's session. Any strong upside rally only expected if nifty starts trading and sustain above 24250 level. Downside movement expected if nifty starts tra
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current value of Nifty 50 Index is 24,334.20 INR — it has fallen by −0.0072% in the past 24 hours. Track the index more closely on the Nifty 50 Index chart.
Nifty 50 Index reached its highest quote on Sep 27, 2024 — 26,277.35 INR. See more data on the Nifty 50 Index chart.
The lowest ever quote of Nifty 50 Index is 279.00 INR. It was reached on Jul 3, 1990. See more data on the Nifty 50 Index chart.
Nifty 50 Index value has decreased by −0.096% in the past week, since last month it has shown a 3.11% increase, and over the year it's increased by 7.30%. Keep track of all changes on the Nifty 50 Index chart.
The top companies of Nifty 50 Index are NSE:RELIANCE, NSE:HDFCBANK, and NSE:TCS — they can boast market cap of 222.41 B INR, 171.39 B INR, and 147.42 B INR accordingly.
The highest-priced instruments on Nifty 50 Index are NSE:MARUTI, NSE:ULTRACEMCO, and NSE:BAJFINANCE — they'll cost you 12,205.00 INR, 11,583.00 INR, and 8,608.50 INR accordingly.
The champion of Nifty 50 Index is NSE:M&M — it's gained 40.70% over the year.
The weakest component of Nifty 50 Index is NSE:INDUSINDBK — it's lost −44.01% over the year.
Nifty 50 Index is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy Nifty 50 Index futures or funds or invest in its components.
The Nifty 50 Index is comprised of 50 instruments including NSE:RELIANCE, NSE:HDFCBANK, NSE:TCS and others. See the full list of Nifty 50 Index components to find more opportunities.