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.

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NIFTY TREND TODAY

Date :-17-August-2018

Technical Trend

          This is only for Technical chart study purpose and for our own student. Refer your advisor before using it.             

 

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Nifty Trend today- 8.45 AM-  Technical chart in Daily interval shows Nifty is trying to consolidate above 15DMA. MACD and Stoch is indicating selling pressure. So watch if Nifty unable to hold 11358 level then more correction is possible up to 11270 with support level 11333 and 11307. In hourly chart watch, Nifty may try to hold above 11421 to move in upward direction.  Today's range is 11358-11464. You can also find trend before market open and get perfect entry, exit point on your own. Join e-Training session to become independent life long. Track Europe market after 12.30 pm in SGX Nifty page for next trend of Nifty.

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

     

  • Bank Nifty Trend- 8.45 AM-  Technical chart indicating Bank nifty is in over bought zone and near crucial support level @27734. Hourly chart indicating Bank nifty may try to hold above 27937 and consolidate there. Watch in down trend if unable to hold above 27734 then further correction is possible up to 27641. Learn in our e-Training session to predict exact entry ,exit level and trend in intraday and positional trading and become independent life long.  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- 11400

Today Nifty Support is at  11355, 11333, 11307 Resistance is at 11434, 11452, 11483

 

Bank Nifty Pivot Point- 27872

Today Bank Nifty support is at 27734, 27641  and resistance is at 27964, 28108

News

 

  • INDIAN data to watch- 

  • US data to watch-   

  • UK data-  

  • China news-  

  • Japan 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.