What is intraday trading and Nifty Trend for today?

Buying and selling same quantity of financial instrument like stocks, Future contract, Option contract, Commodities, Forex with in the same trading day is called Day trading or Intraday Trading. Nifty Trend today is the direction of Index in positive or negative direction. Using Technical Analysis Chart, Nifty Trend, Bank nifty trend, support and resistance of both Nifty and Bank Nifty are updated daily for online Future and Option trader for study purpose. Stock trader can also use this data to predict stock market trend. Get Economic news and upcoming financial events from US, EUROPE and ASIA to predict the direction of market. Information and data updated here is very important for Nifty Future traders, Options traders and stock traders as Nifty Options strategy and stock trend depends upon Trend of Nifty. These information and data can be used by new trader or technical trader for study purpose. Always use stop loss and trailing stop loss while Stock, Future and Option trading.

Disclaimer: This is only for our own students for study purpose and not a buy or sells recommendations. Before using this section please consult your financial advisor and read our disclaimer.



Date :-23-March-2018

Technical Trend

          This is only for Technical chart study purpose and for our own student. Others please don't use it.             


US and China trade war escalate as both increased import tariff on each others goods. Negative for world market.


If you are interested in Online Training programme, please mail us- Support@niftytrend.in

Course-Study technical chart, Diff. Technical Pattern, Know buying and selling point, Practical trend, Different strategy to protect principal amount.

          Nifty Trend today- 8.45 am-  "EOD chart" or Daily chart shows Nifty(spot)  yesterday again unable to hold 10161 level which is negative from technical point of view.  Trade war(see in below news section) between US and China is negative for world market. Expect Black Friday today. So Nifty may open gap down 120 point near 9980. But be careful as 10000 is a good support for Nifty, so Nifty may bounce back to hold 10018. But again may move down below 10000. So expect volatile swing market in 1st half. After opening of Europe market Nifty may move further down. So  today Nifty may slip towards 9975 and then 9934. Use technical chart to find perfect entry and exit point. In this Volatile market(Best for Option trading) you should have more money to implement "Hedging" process to protect principal amount. Stock or Equity trader should shift to OPTION trading in this volatile market. Otherwise you cann't survive in stock intraday trading in this type of volatile swing market.  Track Europe market after 1.30 pm in SGX Nifty page for next trend of Nifty.                

  • Important trick--Student should track Q3 result of Nifty 50 company to know how share price behave or move before 3-4 days of result announcement in EOD chart. To know result date of company--Click here                      

  • Nifty, Bank Nifty  Positional Trend.
  • Over Bought and Over Sold Stock -  Stock Trend   Check position of stocks in EOD chart.            


  • Bank Nifty Trend-- EOD chart  shows Bank nifty yesterday unable to hold crucial level 24245. Technical pattern indicating negative trend both in EOD and Weekly chart. Due to negative news from US and China trade war, Bank nifty may open gap down near 23834 and retrace upto 23953 but again may move down up to 23600 after opening of Europe market.  If you are (fresher)learning Bank nifty and trading in Bank nifty then please use Bank nifty OPTION to paper trade and learn first as Bank nifty is highy volatile and it's expiry is weekly. Use technical chart and Hedging process to survive in this volatile market.   Watch Europe market in "Nifty Live" page for further trend of Bank nifty.
Index Option Student can take clue from Nifty and Bank Nifty Technical Trend to study the price fluctuation in call/put Option.


Support & Resistance

Watch Stock Pivot, Support and Resistance in "PIVOT POINT" page

Nifty Pivot Point- 10142

Today Nifty Support is at  10018, 9975, 9934 Resistance is at 10156,10197


Bank Nifty Pivot Point- 24141

Today Bank Nifty support is at 23834, 23600 and resistance is at 24271, 24402



  • INDIAN data to watch- No major data

  • US data to watch-  Trump increased import tariff on China goods. Negative for world market.

  • UK data- No major data.

  • China news-  In response to Trump's step China also increased import tariff on US goods. Negative for world market.

  • Japan Data -  No major data.

Remark use SGX nifty chart to know opening trend of nifty.

Trick for Option trader

Index option depends upon the trend of Nifty or Bank nifty. Online trader can find the technical trend of Nifty and Bank nifty Index to trade in future segment. In case Option segment if the trend is positive then buy “CALL” option and watch the support and resistance mentioned here for next trend and your entry and exit point. In case negative trend Buy “PUT” option and wait for support levels to exit or hold.

Use news sections to know the upcoming important financial events worldwide which can impact Nifty and Bank nifty trend. Day trader and Positional trader generally use upcoming important events to make strategy. Example- Before RBI policy, election or any important financial event Nifty generally rally. So if you can know event date much before then you can participate and make profit. In case of day trading if you know today’s financial event which can change trend off stock market then you can Hedge your position or avoid trading and protect your fund from volatility.