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Futures-trading

Bank Nifty Future Levels 13th June 2023I have posted enough Charts here for one to see how the price responds at the lines marked. We can go down to lower Time frames of 5 min and 3 min to study the price action . It would be very interesting to observe what happens when 1. Price opens within the range marked of Red, Blue and Green Lines. 2. Price opens below / above the range but within the range of the previous day 3. When there is a Gap up and Gap down opening. Constant visualization and practice makes one familiar with what type of price action can come and what type of the day it can be. The dotted lines can be tagged by price as these are untouched area where price can probably reach depending upon upward or downward movement. Further studying the OI and unwinding on either side can help in deciphering a directional move. Along with the charts the study becomes more interesting.
NSE:BANKNIFTY1!
by SABMR
Nifty Futures Levels 24th May 2023Special markings in Red, blue and Green solid lines are very important areas and opening of the trade in the morning gives us a reasonable idea along with other factors as to how the day should proceed. If you have been following the levels from the previous charts by now you would have seen the importance of how correctly marked areas worked . we can visualize from the chart where a trade with defined risk can be taken. The dotted lines in red blue and green can be tagged incase of a break on either side. A gap up should be bullish and its important to follow price action and wait for a proper entry. ANY GAP DOWN BELOW THE SUPPORT AT 18288 should be bearish and again price action will be important. The dotted lines ate the untouched VAH, VAL or poc which can be tagged. keep following for live market updates.
NSE:NIFTY1!
by SABMR
Nifty: Levels given works very well yet again! - Yesterday we had warned that if on Pullbacks Nifty is unable to recapture 18315 odd levels then odds of falling towards 18146 / 18112 would be very high and Nifty could be starring at sub 18000 by month end... - Nifty opened at 18287 (Resistance 2 given 18286) and immediately started giving up - Nifty took resistance exactly at the red line and fell from those levels to close the day in red. - Today was the 3rd day when Nifty opened in the green but gave up immediately. High made for the 3rd day was with in 10 points from the Open levels. Going forward 18220-18245 should be watched very carefully. If Nifty finds it difficult to cross above these levels and Pullbacks gets sold in to, then sub 18000 would not be far away... Take care & safe trading..!!! Trust you find the analysis helpful, do hit the Like button Follow Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - if trading in F&O, understand that F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need be
NSE:NIFTY
by indiamarketoutlook
1
Nifty: Wait for clarity to emerge before directional trade Nifty On 29 Dec expiry day, I had suggested a Long trade which was squared off once Nifty touched 21 day EMA. It's there in the timeline. Now, we are looking at Daily candlestick chart pattern 1. Nifty yo-yoing between 21 day EMA (Currently around 18252) and 63 day EMA ( around 18083) 2. Given breakdown below the blue trend line and now retesting it 3. Resistance area blue line and 21 day EMA 4. 63 day EMA and yellow horizontal zone providing support for time being 5. No clear direction in Nifty as of now... _______________________________________________________________________________________ Trigger points that can give direction - Result season to begin soon - Budget expectations to be built in _______________________________________________________________________________________ We have a non directional trade still active which is in profits of roughly 76 points as of now. We continue to hold it and look to adjust in case we sense a direction emerging. _______________________________________________________________________________________ In case of a Breakout we are looking at 18720 odd levels as our target level in case of a breakdown we are looking at a possibility of roughly 17294 odd levels. _______________________________________________________________________________________ To trade with me, Do Like and Follow for getting more trading ideas like these...!!! PLs note: Logic behind using 21 day EMA and 63 day EMA instead of standard 20 day EMA and 50 day EMA - In a month we have 30 days. - barring Saturday / Sunday we have roughly 22 days - 1 holiday session factored in per month - That gives us 21 trading sessions in a month - Multiply by 3 months we get 63 days For me, this represents 1 month and 3 month average trade more precisely, than standard 20 day EMA and 50 day EMA. You are free to follow your own instincts and what works best for you...!!! Trust you find this useful. Take care & happy trading...!!! Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - I have been wrong in the past and can be wrong again in future too - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - if trading in F&O, understand that F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need be
NSE:NIFTY
by indiamarketoutlook
Nifty Trading strategy for 27th Augu 2020Nifty CMO 11210 Strategy explained in the chart Exit from Strategy if Nifty daily closing is below 11060 Discliamer: - The view expressed here is my personal view - Use this for educational purpose - Any decision you take you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need be Take care & safe trading...!!!
NSE:NIFTYLong
by indiamarketoutlook
6