Simple Trade Setup | NIFTY | 17-09-2021 [INTRADAY]

Nifty 50 IndexNSE

Description

⋅ Sep 16, 2021 5:22 PM

NSE:NIFTY

Trade Setup for Date 17-09-2021:

1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.

2) Everything is mentioned on the chart. I hope it is easy to understand.

3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.

Please refer below chart for levels.

Hope I made it easy to understand it.

Do comment your doubt or suggestion.

Note: Trade with Strict SL.

Comments

san.patkala

⋅ Sep 17, 2021 7:59 AM

Its Really Hard work to understand your Chart and make to study for level keep it up Sir....

Trading_hawk

⋅ Sep 17, 2021 8:11 AM

@San.patkala
thank you

monseiurdave

⋅ Sep 16, 2021 5:31 PM

Hats off to you for detailed analysis! You were terrific in tata motors analysis.

Trading_hawk

⋅ Sep 16, 2021 5:34 PM

@monseiurdave,

Thank you very much. I am happy to know that you like the ideas/charts that I am sharing.

Hope you had good trade today.

And all the best.

monseiurdave

⋅ Sep 16, 2021 5:40 PM

@Trading_hawk,

Yes I enjoyed ITC ride in October 220 ce and 230 ce and tata motors cash trade. Good profit! Planning to take position in tata chemicals

Your levels were perfect in tata motors.

Thank you very much for guiding us !

Trading_hawk

⋅ Sep 16, 2021 5:43 PM

@monseiurdave, Glad to know it.

Your welcome.

imrankkhan69

⋅ Sep 17, 2021 4:08 AM

@Trading_hawk, at what level we can go short on nifty

Trading_hawk

⋅ Sep 17, 2021 4:10 AM

@imrankkhan69
better to avoid short.

Trading_hawk

⋅ Sep 17, 2021 4:40 AM

@imrankkhan69 since the overall momentum is positive so better wait for a dip to go long. but follow levels and keep Strict SL

imrankkhan69

⋅ Sep 17, 2021 8:40 AM

@Trading_hawk, Thanks for the response