? Bank Nifty Trading Plan for 22-Jan-2025 ? Key Levels to Watch: Resistance Zones: 48,827–49,041 (Opening Resistance and Last Intraday Resistance) Support Zones: 48,275–48,371 (Opening Support), 47,940 (Last Important Support) 1️⃣ Gap-Up Opening (200+ points) If Bank Nifty opens above 48,827: The first resistance to watch is 49,041 (Last Intraday Resistance). If the price consolidates below this level, consider taking a short trade with a target back to 48,827–48,772. A breakout above 49,041 with volume can signal bullish momentum. In this case, a long trade can be taken, aiming for higher levels like 49,200–49,389, with a stop-loss below 49,041. ? Educational Insight: During gap-ups, it’s essential to observe early price action near resistance zones. Fake breakouts can result in losses if trades are entered impulsively. Wait for confirmation (e.g., 5-minute or 15-minute candle close). 2️⃣ Flat Opening (Within 48,658–48,827) If Bank Nifty opens flat, focus on the Opening Resistance (48,827). A rejection from this level can lead to a short trade opportunity toward 48,658–48,371. On the other hand, if Bank Nifty sustains above 48,827, go long with a target toward 49,041. Keep your stop-loss tight, just below 48,772, to manage risks. A breakdown below 48,658 could trigger a bearish trend, with a potential target of 48,275 (Opening Support). ? Educational Insight: Flat openings often indicate indecision among market participants. The first 30 minutes of the market provide valuable clues about the day's trend direction. Observe these moves carefully before initiating trades. 3️⃣ Gap-Down Opening (200+ points) If Bank Nifty opens near 48,275 or below: Look for a reversal at 48,275–48,371 (Opening Support Zone). If strong buying is seen here, go long with a target toward 48,658–48,827. If Bank Nifty breaks and sustains below 48,275, it can signal bearishness. Short trades can be initiated with a target toward 47,940 (Last Important Support). Aggressive buying at 47,940 could offer a solid risk-reward opportunity for long trades. Monitor volumes and reversal patterns for confirmation. ? Educational Insight: Gap-down openings can lead to panic selling or aggressive buying at supports. Always wait for price confirmation before entering, especially near significant support zones. ? Risk Management Tips for Options Trading: Trade small lots initially to minimize risk, especially during volatile conditions. Use hedging strategies, such as buying both calls and puts (straddles/strangles), if volatility is expected to spike. Place your stop-loss based on key levels rather than arbitrary numbers. This ensures technical alignment with the market. Avoid overtrading or averaging down losing trades, as this can lead to compounding losses. ? Summary & Conclusion: Gap-Up: Resistance at 49,041 is critical. Look for breakout or rejection-based trades. Flat: Key levels are 48,827 (resistance) and 48,658 (support). Follow the trend direction post-opening. Gap-Down: Focus on buying opportunities near 48,275 and 47,940, but only after confirmation. ⚠️ Disclaimer: I am not a SEBI-registered analyst. This plan is for educational purposes only. Please consult your financial advisor or conduct your analysis before trading.
this is long term trade, so it needs time and consider the stoploss in case it does not playout
I noticed this oversold market, my predictions are that it'll respect the support and resistance. Just sharing my thoughts, what do you all think?
? Nifty Trading Plan for 22-Jan-2025 ? Key Levels: Resistance Zones: 23,097–23,201, Last Intraday Resistance: 23,330 Support Zones: 22,962, 22,689 (Last Intraday Support) 1️⃣ Gap-Up Opening (100+ points) If Nifty opens above 23,201: Watch for price action near the Last Intraday Resistance (23,330). A rejection from this level could offer a short trade opportunity with a target towards 23,201. A sustained breakout above 23,330 can signal strong bullish momentum, and a long trade with a trailing stop-loss could be beneficial to ride the trend higher towards the next possible profit-taking zone near 23,435. ? Educational Insight: Gap-ups above resistance zones can often trigger profit booking or reversal patterns. Always wait for a confirmation candle before entering any trades. 2️⃣ Flat Opening (Within 22,962–23,097) Focus on the reaction at the Opening Resistance Zone (23,097). If Nifty fails to sustain above this zone, shorting the market with a target towards 22,962 could be favorable. Conversely, if Nifty holds above 23,097, a long trade targeting 23,201 may be considered, with a tight stop loss below 23,052. A breakdown below 22,962 may signal bearish momentum, opening short trades towards the Last Intraday Support at 22,689. ? Educational Insight: Flat openings provide the best opportunity for observing market sentiment. Let the market settle for the first 15–30 minutes for better clarity before making any trade decisions. 3️⃣ Gap-Down Opening (100+ points) If Nifty opens near 22,689 or below: Look for a reversal near the Last Intraday Support (22,689–22,830). A strong bounce here could provide a long trade targeting 22,962 or higher. However, if Nifty sustains below 22,689, it might indicate further bearishness, and shorting the market with a target toward 22,600 could be considered. ? Educational Insight: Gap-down openings often lead to panic or aggressive buying at support levels. It is essential to wait for confirmation through price action and volume before entering trades. ? Risk Management Tips for Options Trading: Use defined stop-loss levels and avoid over-leveraging during volatile market conditions. Trade spreads (like bull/bear spreads) to limit potential losses during high implied volatility (IV) conditions. Keep an eye on hourly candle closures for added confirmation of trend direction. Avoid entering trades within the first 15 minutes of the market opening. Let the market settle to avoid false breakouts or breakdowns. ? Summary & Conclusion: Gap-Up: Watch for action near 23,201–23,330. Focus on rejection or breakout opportunities. Flat: Key action zone around 23,097; observe for potential breakouts or breakdowns. Gap-Down: Look for buying opportunities near 22,689, but be cautious of further bearish trends if support is broken. ⚠️ Disclaimer: I am not a SEBI-registered analyst. This plan is for educational purposes only. Please consult a financial advisor or conduct your own analysis before trading.
I dont care about this description stuff anymore lol So here is a nice small one.. I think we are in a 5 wave up currently and that we are in the making of a W-shape upwards! It won't be straight up but I would be beyond surprised if we are not at 20+ into Q1-Q2 2025 Of course this is ONLY an idea, please be careful NFA DYOR!!!
Die Mobilität nachhaltiger gestalten – Schon heute wird ein solcher Ansatz in vielen Städten verfolgt. Nicht nur in Deutschland. Die niederländische Stadt Utrecht will beispielsweise nicht nur E-Autos fördern, sondern geht noch einen viel radikaleren Schritt. Der Beitrag E-Autos first: Erste Großstadt zeigt Tankstellen die Rote Karte erschien zuerst auf inside digital.
Während die Preise für Strom und Gas immer weiter steigen, trauen sich viele Menschen nicht mehr, die Heizung einzuschalten. Zu groß ist die Sorge vor hohen Nachzahlungen bei den Nebenkosten. Doch es gibt eine Alternative zur normalen Heizung, die nicht nur effizient, sondern auch noch günstig ist. Der Beitrag Experten verraten: Das ist die beste und günstige Heizung für den Winter erschien zuerst auf inside digital.
Das Thema Rundfunkbeitrag (ehemals GEZ) polarisiert auch heute noch. Viele fordern geringere Beiträge, während andere eine ganzheitliche Umstrukturierung anstreben. Nun ist von Rückzahlungen die Rede, die Bürger schon jetzt erhalten sollen. Die Verantwortlichen klären auf. Der Beitrag Offiziell: Erhalten Rundfunk-Zahler aktuell Rückerstattungen? erschien zuerst auf inside digital.
Schals wärmen uns nicht nur, sie sind auch ein modisches Statement. Damit Sie bei Ihrem Outfit tolle Akzente setzen und es in der kalten Jahreszeit gleichzeitig kuschelig warm haben, finden Sie hier 30 kostenlose Strickanleitungen für jede Menge Schals, Loops und Tücher. Viel Spaß beim Stricken!
Wer einen guten Akku-Handstaubsauger sucht, aber die Modelle von Dyson zu teuer findet, sollte im Online-Shop von Aldi vorbeischauen. Dort gibt es derzeit ein attraktives Modell von Dreame zu einem unschlagbaren Preis.