Trade setup for September 11: Top 15 things to know before the opening bells
If the Nifty 50 decisively closes above 25,000, the lower high–lower low formation will be negated, and a rally toward 25,150–25,250 cannot be ruled out. However, on the downside, 24,900–24,800 is expected to act as immediate key support, according to experts.
Technical View: Nifty gains for 6 days, but must sustain above 25,000 to break lower high–lower low pattern
The weekly options data suggest that 25,000 is crucial for further upward direction, as it will open the door for 25,200 and 25,500, with support at 24,900–24,800.
Trading Plan: Can Nifty 50 sustain above 50 DEMA, Bank Nifty break past 10 DEMA?
In the near term, if the Nifty 50 holds its immediate support of the 50-DEMA (24,791), the upward journey toward 25,000 and beyond cannot be ruled out. However, below this, the 24,700 level could act as a crucial support.
Trade Spotlight: How should you trade Kansai Nerolac Paints, KEC International, Azad Engineering, RITES, Mphasis, SBI Card, and others on September 10?
The market is expected to consolidate before entering a fresh leg of upmove. Below are some short-term trading ideas to consider.
Trade setup for September 10: Top 15 things to know before the opening bells
The benchmark index Nifty 50 is expected to march toward the psychological 25,000 mark in the upcoming sessions despite likely intermittent consolidation, provided the 24,700 support getting hold as below it 24,500 can be crucial support, according to experts.
Technical View: Nifty trades above 50-DEMA after rising for 5th day but resistance trendline breakout crucial for further rally
Weekly options data indicates that 25,000 is expected to be a key resistance zone for the Nifty 50, with support at 24,800.
Trading Plan: Will Nifty 50, Bank Nifty sustain momentum into fifth straight gain?
If the Nifty 50 surpasses and sustains above the 50-day EMA (near 24,800), the momentum may gain strength and push the index toward the 25,000–25,200 levels, provided 24,700–24,600 acts as a support zone.
Trade Spotlight: How should you trade JSW Steel, Varroc Engg, Apollo Tyres, Ashok Leyland, TVS Motor, Aditya Birla Capital, and others on September 09?
The frontline indices are likely to rally if they start trading above all key moving averages. Below are some short-term trading ideas to consider.
Trade setup for September 9: Top 15 things to know before the opening bells
For a decisive upmove toward 25,000, the Nifty 50 needs to clear 24,800 (which is near the 50-day EMA). Until then, consolidation is likely to persist. A close below 24,700 could open the door for a decline toward 24,500, experts said.
Technical View: Nifty eyes 24,900-25,000, but consolidation may delay breakout
Momentum indicators remain supportive. The RSI jumped to 50.39, and the Stochastic RSI continues to show a positive crossover. The MACD also maintains its bullish crossover, with the histogram indicating further strengthening.
Trading Plan: Can Nifty 50, Bank Nifty defend Friday's low amid expected consolidation?
The benchmark Nifty is expected to be in the 24,600–24,900 range in the immediate term, as below it, the 24,500–24,450 zone (the rising support trendline) is one to watch. However, above this range, the 25,000 level can be a possible hurdle, experts said.
Trade Spotlight: How should you trade Ashok Leyland, NMDC, Exide Industries, Eternal, Tega Industries, and others on September 08?
The market is expected to see consolidation until it sees a breakout over the previous week's high. Below are some short-term trading ideas to consider.
Trade setup for September 8: Top 15 things to know before the opening bells
In the upcoming sessions, the Nifty 50 is expected to be in the range of 24,500-25,000. If the index breaks lower range, 24,400-24,300 is likely to be key support zone, however, decisively surpassing 25,000 can open door for 25,200-25,250 levels, according to experts.
Chartist Talk: SBI Securities’ Sudeep Shah picks Swiggy; RBL Bank, Glenmark Pharma set for fresh upmove
All major moving averages are currently flat, typically a sign of consolidation or range-bound movement in the Nifty 50, said Sudeep Shah of SBI Securities.
Battle choppy range with Iron Condors: Shubham Agarwal
Iron Condor or Short Iron Condor (since we will be receiving the premium) is a strategy where we sell a higher strike Call and Lower strike Put option compared to the current market price
Technical View: Nifty snaps 2-week loss, attempt for 25,000 can't be ruled out as long as index defends 24,700 next week
Weekly options data suggest that 24,500 is expected to act as a key support zone, with 25,000 being the crucial resistance level for next week.
Trading Plan: Can Nifty 50 climb toward 50-day EMA, Bank Nifty defend 54,000 support?
As long as the Nifty 50 holds 24,700, the upmove toward 24,800 (50-day EMA), followed by 25,000 (trendline resistance), can be possible. However, below it, the 24,500–24,450 zone can act as support, experts said.
Trade Spotlight: How should you trade Afcons Infrastructure, NALCO, IDFC First Bank, Apollo Hospitals, Havells India, Thermax, and others on September 05?
Rangebound trading is expected to continue in the upcoming sessions. Below are some short-term trading ideas to consider.
Trade setup for September 5: Top 15 things to know before the opening bells
The Nifty 50 managed to defend 24,700, which is expected to act as immediate support as below it, 24,500-24,400 can't be ruled out, however, on the higher side, the 25,000 is likely be key decider zone for upward journey toward 25,500, according to experts.
Technical View: Nifty defends 24,700 despite losing 250 pts from day's high, more consolidation likely before hitting 25,000
Weekly options data also suggests that the 24,900–25,000 range is expected to act as a resistance zone for the Nifty 50, with support seen at the 24,500 and 24,600 levels.
Trading Plan: Can Nifty 50, Bank Nifty extend their northward momentum after GST slab rationalisation?
With the GST slab rationalisation announced, if the Nifty 50 sustains above 24,750, a gradual rally toward the 24,800–25,000 levels is possible going ahead, whereas 24,500 is expected to be immediate support, followed by 24,400 as key support, experts said.
Trade Spotlight: How should you trade Coal India, ITC Hotels, GMDC, Pondy Oxides, Paytm, Glenmark Pharma, HDFC Bank, and others on September 04?
The uptrend is expected to strengthen if the frontline indices decisively surpass short- and medium-term moving averages. Below are some short-term trading ideas to consider.
Trade setup for September 4: Top 15 things to know before the opening bells
If the Nifty 50 reclaims and sustains above 24,750, the 24,800 level (coinciding with the 50-day EMA) and 25,000 will be key levels to watch in the upcoming sessions. Conversely, if the index fails to hold above this zone, it could remain in a consolidation phase, with immediate support at 24,500, followed by a crucial support zone in the 24,400–24,300 range.
Technical View: Nifty rebounds, but 24,750 remains key for sustained rally; Bank Nifty awaits range breakout
The weekly options data suggests that the 24,600–24,500 zone is expected to act as strong support for the Nifty 50, with resistance likely at 24,800–25,000 levels.
