intradayhdfc can take rejection from there or it can break the red zone
both side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
Intradaystock
Reliance Intraday SetupsIntraday setups for reliance India.
Trade as per the setups not as per level metioned...
This is not a suggestion only for education trade as per your own risk.
SBIN intraday IdeaSBIN has given a good breakout & run on daily timeframe, I expect some more points.
It has given an ascending triangle breakout on 15 min timeframe and also did the retest.
Buy above - 493
Targets mentioned in the chart above.
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
ADANIENT Intraday IdeaThis is just a small timeframe analysis so can be affected by market's direction, trade accordingly.
adanient is sitting on a conversion zone that means either it will take demand and move up and hit the targets which is having higher possibility,
or if the trade moves against us we'll have to give just a small stoploss.
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
PVR Intraday SetupPVR is moving in a channel on a 30m, 1hr & 2hr timeframe.
It gave and breakdown of channel but then moved up back into the channel with momentum.
Inverted H&S pattern can be seen on place of breakdown.
Buy if you see a momentum.
Targets mentioned in the chart above as horizontal line on the right.
ESCORTS SHORTDo initiate trade based on 5min candle close!
Levels mentioned on chart.
Trade at your own risk!
Thumb's up if you like the idea and do follow for more such ideas!
Simple Trade Setup | GRASIM | 14-12-2021 [ INTRADAY ]NSE:GRASIM
Observations:
1) On 1day time frame,it managed to sustain above 50DMA.
If it take support from 50DMA and trades above it then we can see an up move.
50DMA is placed at 1729.64 level.
Please refer below chart : 1day Time Frame.
2) Also On 1day time frame, it made double bottom pattern and sustain above the mid neckline of it.
Major breakout level range is 1360-1370 level range.
Please refer below chart : 1day Time Frame.
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Trade Setup for Date: 14-12-2021
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.
4) Avoid gap up or gap down chase. Wait and trade between levels.
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. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | BEL | 14-12-2021 [ INTRADAY ]NSE:BEL
Observations:
1) On 1day time frame,after 2 days of trading below 50DMA it managed to closed above 50DMA but it closed just below 21DMA.
21DMA is placed at 209.02
50DMA is placed at 207.65. 50DMA will work as support now.
Please refer below chart : 1day Time Frame.
2) On 1hr time frame, it made double bottom pattern. Immediate resistance is as 210 level.
Major breakout level is at 215 level.
Please refer below chart : 1hr Time Frame.
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Trade Setup for Date: 14-12-2021
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.
4) Avoid gap up or gap down chase. Wait and trade between levels.
I am giving small targets/levels for safer trade.
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. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | HINDALCO | 13-12-2021 [ INTRADAY]NSE:HINDALCO
Observations:
1) On 1day time frame, it is between 50DMA and 100DMA.
In last session it closed just at 100DMA.
100DMA is placed at 455.33 and 50DMA is placed at 467.45 level.
Immediate Breakout level is 460.
Please refer below chart : 1day Time Frame.
2) On 1hr time frame, we can see it is forming rounding bottom pattern with breakout level at 460.
However major breakout level is at 480 level.
Please refer below chart : 1hr Time Frame.
3) On 15min time frame, we can see that it has been consolidating between 452-460 level range.
Please refer below chart : 15min Time Frame.
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Trade Setup for Date: 13-12-2021
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.
4) Avoid gap up or gap down chase. Wait and trade between levels.
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. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | HDFCBANK | 13-12-2021 [ INTRADAY ]NSE:HDFCBANK
Observations:
1) On 1day time frame, it is between 10DMA and 21DMA.
On Friday, it closed just below 21DMA.
10DMA is placed at 1517.15 level and 21DMA is placed at 1524.43 level.
If it trades above 1525 level then it will work as support.
Otherwise immediate support range will be 1515-1517 level.
Please refer below chart : 1day Time Frame.
2) On 15min time frame, we can see that it is forming kind of rounding bottom or mostly cup and handle pattern.
But still major breakout level is 1560 level.
If it gives sustainable breakout of 1560 level then we can see good up-move.
But breakout of this parallel channel will surely take it to 1560 level range.
Please refer below chart : 15 min Time Frame.
But for recent pattern, we can see that it has been trading in uptrend parallel channel.
And it is currently as base support.
Please refer below chart : 15 min Time Frame.
-------------------------------------
Trade Setup for Date: 13-12-2021
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.
4) Avoid gap up or gap down chase. Wait and trade between levels.
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. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | INFYOSYS | 13-12-2021 [ INTRADAY ]NSE:INFY
Observations:
1) On 1day time frame, we can see that it is trading above 21DMA.
21DMA is placed at 1740.80 level. Which will work as support.
Immdiate resistance is at 1760 level range.
Please refer below chart : 1day Time Frame.
2)Also on 1 day time frame, we can see that it is trading in triangle pattern.
Breakout on upper side will make it bullish.
Please refer below chart : 1day Time Frame.
-------------------------------------
Trade Setup for Date: 13-12-2021
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.
4) Avoid gap up or gap down chase. Wait and trade between levels.
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. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | DEEPAK NITRITE | 01-11-2021 [ INTRADAY]NSE:DEEPAKNTR
Observations:
1) On daily time frame, we can see in last two trading day, it has been taking support from 100DMA.
100DMA is it critical supprot.
And we can see that from 2180 to 2200 is major support.
Please refer below chart : 1day Time Frame.
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Trade Setup for Date 01-11-2021:
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.
4) Avoid gap up or gap down chase. Wait and trade between levels.
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. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | CITY UNION BANK | 25-10-2021 [ INTRADAY]NSE:CUB
I am posting this as one of the follower requested.
Observations:
1) On daily time, it took support from 200DMA 3 days before and trading above it.
Also the earlier resistance trendline now working as support trendline.
Immediate resistance level is at 172 level.
Sustainable Breakout of 172 level will give good up move.
Please refer below chart : 1day Time Frame.
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Trade Setup for Date 25-10-2021:
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.
4) Avoid gap up or gap down chase. Wait and trade between levels.
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. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | CIPLA | 25-10-2021 [ INTRADAY]NSE:CIPLA
Observations:
1) On daily time, it close just above 200DMA.
Generally 200DMA works as major support.
If it gets support from 200DMA then we can see good bounce from this level.
It closed between two critical level which were working as major support in past.
Level 900 which was recent previous major support.
Level 880 is critical major support. If it goes down from CMP and gets support from 880 then on breakout of 900 level will be good safe buy for positional trade.
Please refer below chart : 1day Time Frame.
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Trade Setup for Date 25-10-2021:
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.
4) Avoid gap up or gap down chase. Wait and trade between levels.
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. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | BANKOFBARODA | 18-10-2021[INTRADAY]NSE:BANKBARODA
Trade Setup for Date 18-10-2021:
Most of the levels will remains the same as per previous setup.
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.
4) Avoid gap up or gap down chase. Wait and trade between levels.
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. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | BEL | 18-10-2021 [ INTRADAY & POSITIONAL]NSE:BEL
Observations:
1) On 1 day time frame, it has been trading inside parallel channel and immediate support trendline is middle line of the parallel channel.
Breakout of upper trendline of parallel channel will give good up move.
Please refer below chart : 1day Time Frame.
2) On 1 day time frame, if we apply the FIB levels then we can see that the critical breakout level will be 213 level.
Breakout of the same will lead to a good up move.
Please refer below chart : 1day Time Frame.
-----------
So for positional trade if one wants to take buy position then can take on breakout of 213 level.
Short-mid term targets will be 225, 228 & 233 levels.
But keep Strict SL as per your capital at risk.
-----------
3) On 1hr time frame, we can see that immediate support level is 210 level and after that it has 307.50 as next support.
Critical resistance at 212.50 level but we can consider 212.50 to 213 level range as critical resistance range.
Please refer below chart : 1hr Time Frame.
4) On 15min time frame, it has made cup and handle pattern.
Please refer below chart : 15 min Time Frame.
-------------------------------------
Trade Setup for Date 18-10-2021:
Most of the levels will remains the same as per previous setup.
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.
4) Avoid gap up or gap down chase. Wait and trade between levels.
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. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | IGL | 12-10-2021 [INTRADAY]NSE:IGL
Observations:
1) On 1 day time frame, we can see that now it is at very critical level range.
It is make it or break it, now. If it took support then we can see good reversal for uptrend. But if it fails then the down move continue.
Please refer below chart : 1 day Time Frame.
2) On 1 hour time frame, we can see hidden bullish divergence as price is made lower low but RSI made higher low.
Please refer below chart : 1 hour Time Frame.
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Trade Setup for Date 12-10-2021:
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.
4) Avoid gap up or gap down chase. Wait and trade between levels.
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. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | BHEL | 11-10-2021 [ INTRADAY & POSITIONAL]NSE:BHEL
Observations:
1) On weekly time frame, we can see that it took support from 21 MA and maintained to close above critical level of 65.
Please refer below chart : Weekly Time Frame.
2) On 1 day time frame, we can see that it took support from 10DMA and maintained to close above critical level of 65.
Please refer below chart : 1day Time Frame.
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For Positional buy trade better to enter, once it give sustainable breakout of 67.50 level. With SL of 62.50 and Target of 82 for short to mid term.
-------------------------------------
Trade Setup for Date 11-10-2021:
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.
4) Avoid gap up or gap down chase. Wait and trade between levels.
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. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.
Simple Trade Setup | BEL | 11-10-2021 [INTRADAY]NSE:BEL
Observations:
1) On 1 day time frame, it is just at very critical support level 200. If it gets support from here then it has chance of reversal to go up again.
But since last 2 days it has been taking resistance from 21DMA. Which is a sign of downtrend.
So we can say, it is between support and resistance. Brekout on either side will give good move on either side.
Please refer below chart : 1day Time Frame.
Also on daily time frame, we can see that it is at the very cricial support line of parallel upward channel.
Please refer below chart : 1day Time Frame.
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Trade Setup for Date 11-10-2021:
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.
4) Avoid gap up or gap down chase. Wait and trade between levels.
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. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.
Simple Trade Setup | NTPC | 11-10-2021 [INTRADAY]NSE:NTPC
Observations:
1) On 1 day time frame,today it took support near from 10DMA and closed at 141.10.
Please refer below chart : 1day Time Frame.
2) On 15min time frame, we can see that now it is trading in falling channel pattern.
Please refer below chart : 15 min Time Frame.
-------------------------------------
Trade Setup for Date 11-10-2021:
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.
4) Avoid gap up or gap down chase. Wait and trade between levels.
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. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.
Simple Trade Setup | AUBANK | 11-10-2021 [ INTRADAY]NSE:AUBANK
Observations:
1) On 1 day time frame, we can see that it took support from 50DMA and closed above it. 50DMA is placed at 1211.53 level.
Critical resistance level is at 1250 level and critical support level is at 1200 level.
Please refer below chart : 1day Time Frame.
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Trade Setup for Date 11-10-2021:
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.
4) Avoid gap up or gap down chase. Wait and trade between levels.
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. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
