Intraday
#NIFTY Intraday Support and Resistance Levels - 30/08/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19360 level and then possible upside rally up to 19480 in today's session. in case nifty trades below 19340 level then the downside target can go up to the 19220 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(30/08/2023)Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 44550 level then possible upside rally of 400-500 points upto 44950 Level. And this rally can extend for another 400 points if it gives breakout of 45050 level. Any Major downside only expected in case banknifty starts trading below 44450 level.
Banknifty ( Weekly Contract )Banknifty . (Only for Experienced traders" )
Enter after " Breakout and Retracement ".
.
.
For " long "
entry: 44575 / 45025
target: 45030 - 45250 - 45760
stoploss: 44430
.
.
For " Short"
entry: 44430
target: 44250, 44030
stoploss: 44580
.
Enter only if market Breaks
"Yellow box" mentioned.
.
Wait for proper reversal and conformation.
.
Don't make complicated trade set-up.📈📉
Keep it " Simple, Focus on Consistency "💹.
Refer our old ideas for accuracy rate🧑💻.
Valuable comments are welcomed-✌️
.
.
Disclaimer:
Our Trading style is not to capture "10-20" points per trade.📊
We take entry only for min "100-300" points without any distractions.💹
So, our ideas may not be preferable for small traders, who just focusing on too much of support and resistance.📈📉📈
So, please consider others ideas.
This is for educational purposes.🧑💻
Banknifty Scalping Zone📈📊 Ready for some precision trading? Here's today's scalping zone for #BankNifty! 💰💹
🚀 Scalping Zone: Keep a close eye on the 15-min chart bankNifty 🔍⏱️
🎯 Targets: Quick, nimble trades aiming for small gains within this range. 🎯💸
🛑 Caution: Tight stop-loss and stay vigilant for sudden market shifts! Risk management is key. 🚦🛡️
Let's seize those short-term opportunities! Happy scalping, traders! 📈💪 #StockMarket #Scalping #TradingTips
Note: This trade idea is for educational purposes only and should not be considered financial advice. Always perform your own analysis and consult with a professional before making any trading decisions.
Todays Scalping Zone For Nifty📈📊 Ready for some precision trading? Here's today's scalping zone for #Nifty! 💰💹
🚀 Scalping Zone: Keep a close eye on the 15-min chart of Nifty 🔍⏱️
🎯 Targets: Quick, nimble trades aiming for small gains within this range. 🎯💸
🛑 Caution: Tight stop-loss and stay vigilant for sudden market shifts! Risk management is key. 🚦🛡️
Levels Mentioned On chart.
Let's seize those short-term opportunities! Happy scalping, traders! 📈💪 #StockMarket #Scalping #TradingTips
Note: This trade idea is for educational purposes only and should not be considered financial advice. Always perform your own analysis and consult with a professional before making any trading decisions.
Uptrend Channel Pattern Reversal in BIOCONBIOCON LTD
Key highlights: 💡⚡
📊On 1Day Time Frame Stock Showing Reversal of Uptrend Channel Pattern .
📊 It can give movement upto the Reversal target of Above 280 +.
📊There have chances of Breakout of Resistance level too.
📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 310+.
📊 Can Go Short in this stock by placing stop loss below 240- or last swing Low.
[INTRADAY] #BANKNIFTY PE & CE Levels(24/08/2023) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 44550 level then possible upside rally of 400-500 points upto 44950 Level. And this rally can extend for another 400 points if it gives breakout of 45050 level. Any Major downside only expected in case banknifty starts trading below 44450 level.
Triangle pattern breakout in Havells HAVELLS
Key highlights: 💡⚡
✅On 1Day Time Frame Stock Showing Breakout of triangle Pattern .
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1435+.
✅Can Go short in this stock by placing a stop loss below 1295-.
Double Bottom pattern breakout in LAURUSLABSLAURUS LABS
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Double Bottom Pattern.
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 410+.
✅Can Go Long in this stock by placing a stop loss below 390-.
Scalping on Nifty Based on Support and Resistance ZonesTimeframe: Intraday (Today)
Index: Nifty
Support and Resistance Zones:
Support Zone: 19,303 - 19,272
Resistance Zone: 19,483 - 19,515
Entry Rules:
Buy Entry (Scalping from Support):
Monitor the Nifty for a potential bounce off the support zone around 19,303 - 19,272.
Look for bullish price action confirmation, such as a bullish candlestick pattern or a strong upward move.
Enter a long (buy) position as soon as you see clear confirmation of a bounce.
Set a tight stop loss just below the support zone, at around 19,250, to manage risk.
Sell Entry (Scalping from Resistance):
Observe the Nifty as it approaches the resistance zone around 19,483 - 19,515.
Wait for bearish price action confirmation, such as a bearish candlestick pattern or signs of rejection from the resistance level.
Enter a short (sell) position when you see clear confirmation of a potential reversal.
Set a tight stop loss just above the resistance zone, at around 19,530, to control risk.
Exit Rules:
Scalping aims to capture small price movements, so consider taking quick profits as soon as you see a small favorable price fluctuation.
Take profits when you've achieved a small profit margin or when you notice signs of a reversal.
If the trade moves significantly against your position, exit promptly to limit potential losses.
Risk Management:
Scalping involves frequent trading, so use proper risk management techniques.
Only risk a small portion of your trading capital on each scalping trade.
Stay vigilant and be prepared to exit if the trade doesn't move in your favor.
Important Notes:
Scalping involves rapid trading and may lead to higher transaction costs due to frequent executions. Be aware of brokerage fees and spreads when scalping.
Stay updated with economic news and events that may impact the Nifty, as these can quickly change market sentiment.
Be cautious when trading around support and resistance levels, as false breakouts can occur.
This scalping strategy is designed for short-term traders and requires a solid understanding of support and resistance levels, candlestick patterns, and effective risk management. Scalping may not be suitable for all traders, and individual trading preferences and risk tolerance should be taken into account. Always trade responsibly and within your means.
The following trading idea is provided for informational purposes only and should not be considered as financial or investment advice. Trading stocks and other financial instruments involves risk, and there are no guarantees of profit. Before implementing any trading strategy, it is essential to conduct thorough research and analysis, and consider your individual financial situation and risk tolerance.
Scalping on Bank Nifty Based on Support and Resistance ZonesTimeframe: Intraday (Today)
Index: Bank Nifty
Support and Resistance Zones:
Support Zone: 43,829 - 43,767
Resistance Zone: 44,177 - 44,235
Entry Rules:
Buy Entry (Scalping from Support):
Monitor the Bank Nifty for a potential bounce off the support zone around 43,829 - 43,767.
Look for bullish price action confirmation such as a bullish candlestick pattern or a strong upward move.
Enter a long (buy) position as soon as you see clear confirmation of a bounce.
Set a tight stop loss just below the support zone at around 43,750 to manage risk.
Sell Entry (Scalping from Resistance):
Observe the Bank Nifty as it approaches the resistance zone around 44,177 - 44,235.
Wait for bearish price action confirmation such as a bearish candlestick pattern or signs of rejection from the resistance level.
Enter a short (sell) position when you see clear confirmation of a potential reversal.
Set a tight stop loss just above the resistance zone at around 44,250 to control risk.
Exit Rules:
Scalping aims to capture small price movements, so consider taking quick profits as soon as you see a small favorable price fluctuation.
Take profits when you've achieved a small profit margin or when you notice signs of a reversal.
If the trade moves significantly against your position, exit promptly to limit potential losses.
Risk Management:
Scalping involves frequent trading, so use proper risk management techniques.
Only risk a small portion of your trading capital on each scalping trade.
Stay vigilant and be prepared to exit if the trade doesn't move in your favor.
Important Notes:
Scalping involves rapid trading and may lead to higher transaction costs due to frequent executions. Be aware of brokerage fees and spreads when scalping.
Stay updated with economic news and events that may impact the Bank Nifty, as these can quickly change market sentiment.
Be cautious when trading around support and resistance levels, as false breakouts can occur.
This scalping strategy is designed for short-term traders and requires a solid understanding of support and resistance levels, candlestick patterns, and effective risk management. Scalping may not be suitable for all traders, and individual trading preferences and risk tolerance should be taken into account. Always trade responsibly and within your means.
The following trading idea is provided for informational purposes only and should not be considered as financial or investment advice. Trading stocks and other financial instruments involves risk, and there are no guarantees of profit. Before implementing any trading strategy, it is essential to conduct thorough research and analysis, and consider your individual financial situation and risk tolerance.
Nifty ( only for min [100-250] Target ) ProNifty 50. (Only for Experienced traders" )
Enter after " Breakout and Retracement ".
.
.
For " long "
entry: 19485
target: 19540 - 19647
stoploss: 19440
.
.
For " Short"
entry: 19430
target: 19410
stoploss: 19460
.
Enter only if market Breaks
"Yellow box" mentioned.
.
Wait for proper reversal and conformation.
.
Don't make complicated trade set-up.📈📉
Keep it " Simple, Focus on Consistency " 💹.
Refer our old ideas for accuracy rate🧑💻.
Valuable comments are welcomed-✌️
.
.
Disclaimer:
Our Trading style is not to capture "10-20" points per trade.📊
We take entry only for min "100-250" points without any distractions.💹
So, our ideas may not be preferable for small traders, who just focusing on too much of support and resistance.📈📉📈
So, please consider others ideas.
This is for educational purposes.🧑💻
Ascending Triangle pattern breakout in LTTSL & T TECHNOLOGY SERV
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Ascending triangle Pattern .
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 4500+.
✅Can Go short in this stock by placing a stop loss below 4260-.
Nifty Scalping Support and Resistance Zones for TodayTimeframe: 15-minute chart
Support Zone: 19224-19198
Resistance Zone: 19422-19394
Trade Overview:
In this trade idea, we'll focus on scalping the SBanknifty using the support and resistance zones identified on the 15-minute chart. Scalping involves making multiple quick trades within short time frames to capture small price movements.
Trade Plan:
1. Entry Strategy:
Buy (Long): If the price bounces off the lower boundary of the support zone (around 19224-19198) with a bullish candle, consider entering a long position.
Sell (Short): If the price drops from the upper boundary of the resistance zone (around 19422-19394) with a bearish candle, consider entering a short position.
2. Stop-Loss:
For long positions, set the stop-loss just below the support zone or the recent swing low.
For short positions, set the stop-loss just above the resistance zone or the recent swing high.
3. Take-Profit:
Take profits for long positions at the upper boundary of the resistance zone or a predefined target level, ensuring a favorable risk-to-reward ratio (e.g., 1:1 or better).
Take profits for short positions at the lower boundary of the support zone or a predefined target level, with a similar risk-to-reward ratio.
4. Risk Management:
Since scalping involves quick trades, limit your risk to a very small percentage of your trading capital (e.g., 0.5% or less).
Given the short time frame, be prepared to exit the trade if it's not moving in your anticipated direction.
**************************
Note: This trade idea is for educational purposes only and should not be considered financial advice. Scalping involves quick trades within a short time frame and can be risky. Always perform your own analysis and consider your risk tolerance before making trading decisions.
NIFTY idea - Daily analysis Next 4-5 trading sessions may give the view of the market and by mid of September there will be a clear idea of market.
--> Nifty support at 19260 and no immediate strong support
--> Bank Nifty currently at support 43300
With these price actions, we are expecting a downward move in coming days. As the Nifty supports are weak and if the price moves 2-3% below the support level then there could be a huge correction of stock prices.
[INTRADAY] #BANKNIFTY PE & CE Levels(18/08/2023) Today will be gap down opening in BANKNIFTY . After opening if banknifty start trading below 43950 level then possible downside rally of 400-500 points upto 43550 Level. And this rally can extend for another 400 points if it gives breakdown of 43450 level. Any Major upside only expected in case banknifty starts trading above 44050 level. also possible Reversal upside 43550 level.
#NIFTY50 - Analysis for 16th August, 2023 ©Hello Pivster's ★
•As we saw Nifty50's initiative sellers applying an emergency brakes as soon as the Adani-SEBI verdict got postpone.
•But, do you see a beautiful ' double bottom ' (M-pattern) been formed and completed it's target in confluence to a major support 19300.
⇲ My Pivot Auction Chart is posted below for reference:
Now that we have a general overview in place let's see what is the anticipation for tomorrow's market movement ↓
⌖ In case of a GAP-UP:
␥ CASE -1:
IF we see a gap-up opening above or near PDH then a reversal for the Bullish GPZ magnet can come and then-on the situation is to be monitor'ed.
␥ CASE -2:
IF we see a gap-up opening in between PDH and PDC then the movement can be slow towards the DH3 cam level which also has WH3 responsive sellers waiting there for a quick down push towards PDC and if it is protected then it can shoot-up to trap the weekly sellers.
⌖ In case of a GAP-DOWN:
␥ CASE -1:
IF we open gap-down near to the bottom of the GPZ or below the GPZ then the broader sellers in the ongoing trend might trap the buyers near a bounce to Daily Pivot and aggressive selling can be seen once the previous session buyers are trapped and a cartel of different TF sellers would be active and bash the index like Newton's Apple towards the major support level 19300.
␥ CASE -2:
IF we see a gap-down opening near or below the Daily Pivot or L3 cam level then we can see a bounce from yesterday's weekly responsive buyers protecting the GPZ and once the GPZ is taken out we would see further momentum by these participants getting joined in by daily responsive buyers too
So, I wish you are equipped with all the needed information for the coming trading session and i wish a bucket full of profits for everyone 🥂
Lastly, if you liked it and found useful share it everywhere with your fellow-traders/friends/family etc... 🫶
Regards,
Mukkull
Nifty levels for today 16/08/2023Good Morning dear Traders.
Nifty Trading some kind of flag pattern if you will see in higher timeframe. But we are still travelling inside the Flag pattern, we will wait for breakout execution before taking any exact decision. Well today's global market looking highly bearish and Gift Nifty also suggesting gap down opening, so overall it's looking bearish. So no problem we will trade according to price action. Please trade with levels.
Important Levels For Nifty:-
Buy above 19464, if levels sustains at least for 30 minutes.
Target we can see in upside 19536++
Keep stop loss at 19370.
Sale below 19370, if levels sustains at least for 30 minutes.
Target we can see in downside 19308/19257--
Keep stop loss at 19464.
Note:- Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Banknifty (only for min 100-300 points target)Banknifty . (Only for Experienced traders" )
Enter after " Breakout and Retracement ".
.
.
For " long "
entry: 44620 / 45120
target: 45030 - 45250 - 45760
stoploss: 44500 / 44980
.
.
For " Short"
entry: 44410
target: 44250, 44030
stoploss: 44580
.
Enter only if market Breaks
"Yellow box" mentioned.
.
Wait for proper reversal and conformation.
.
Don't make complicated trade set-up.📈📉
Keep it " Simple, Focus on Consistency " 💹.
Refer our old ideas for accuracy rate🧑💻.
Valuable comments are welcomed-✌️
.
.
Disclaimer:
Our Trading style is not to capture "10-20" points per trade.📊
We take entry only for min "100-300" points without any distractions.💹
So, our ideas may not be preferable for small traders, who just focusing on too much of support and resistance.📈📉📈
So, please consider others ideas.
This is for educational purposes.🧑💻