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.

www.niftytrend.in

NIFTY TREND TODAY

Date :-21-September-2018

Technical Trend

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

 

 Watched lot of YouTube videos but still making loss then Book your seat now for 30-Sept.  e-Technical Analysis Session. Watch course content and demo.

 

1.30PM- Panic selling in market is due to news -RBI may take strong decision regarding NPA. Non banking finance company mostly affected in panic selling.

 NSE to launch Commodity exchange from OCT 1.

 US FED Policy is on Sep 26.  RBI Policy is on OCT-5.

Nifty Trend today- 8.45 AM- - EoD Technical chart  shows formation of Death point. Nifty closed below 45 DMA which is negative. But Nifty is now @ crucial support stage near 15DMA @11215. In hourly chart Nifty is in over sold zone. So all indicator indicating short covering up to 11270 which is 50% in fibo retracement(Shown in e-training). Watch if consolidate above it then may try to hold 11306 and then 11344. Now watch Dollar movement, if further crosses 72.9 mark then 11186 level is possible.  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.

.                                


  • EoD chart is now available. 
  • Join e-Training Session to know practical pattern and strategies to make profit and protect principal amount.
  • Over Bought and Over Sold Stock -  Stock Trend   

     

  • Bank Nifty Trend- 8.45 AMEoD Technical chart pattern indicating crossover in MACD and closed below 15DMA and above 45DMA. N0w 26097 will act as crucial support in down trend. Hourly chart indicating over sold zone and short covering may take place. Using Fibo (shown in e-training) you can find the level much before. Bank nifty may try to bounce up to 26444 which is 50% fibo retracement. Watch if sustained then 26539 is possible. In case of any negative sentiment from Dollar and Crude front, Bank nifty may move down further up to 26043.  Please be ready with Hedging strategy(shown in e-Training) in this volatile market to protect money.  Now stop loosing money and Learn in our e-Training session to know exact trend,  entry and exit level  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- 11259

Today Nifty Support is at  11215, 11186, 11138 Resistance is at 11306, 11379

 

Bank Nifty Pivot Point- 26363

Today Bank Nifty support is at 26150, 26043 and resistance is at 26444, 26539

News
  • INDIAN data to watch- Due to increase in crude price there is a risk of increase in Inflation in India. So RBI may change interest rate on OCT 5. 

  • US data to watch-  US Federal policy-SEP 26. Expect 0.25% increase in interest rate.

  • 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.