Nifty-intraday
NIFTY CONFUSION , STILL IS NOT BEARISH, People believe that market has rallied and had almost made a high, it might show a correction and stuff like that, a correction is necessary but still there is no sign of it, Be cautious festival months can make markets rally even more. Make a position in options buying side if there is break in triangle pattern.
Nifty FuturesNifty Futures
Looks like a bullish flag was made and Nifty did attempt to break it yesterday itself. Let's see where we open today but I think the bull rally should be back very soon.
There is a good support at 17274.50 level so the stoploss should be 17250 closing basis.
Long traders should keep the targets open as the nifty still has steam and we may see 17650 / 17750 levels soon.
Nifty Intraday View nifty glace for today
open = high = which turns as intra resistance level
1st 15 min candle is the mother candle for inside bar
wick of 1st 15 mn candle is at a very interesting level - can be again interesting to watch if it breaks
now how about trading @ breakout level - upside
>>> entry can be done if the resistance is broken and that candle closes n green
thats the intra analysis
trade @ own risk
Bank Nifty Intra Day Trade Strategy for 23/6/21Bank Nifty Analysis - 23/6/21 (22/6&23/6 – same pattern as 17/5-18/5,19/5,20/5)
Daily time frame – support - 34200
resistance - 35300
Upward trendline support - happens to be at 34200
5 min time frame - resistance at 35000 and support at 34650
Sentiment of the Market – sentiment is bullish
Intraday Action for Various Possibilities -
1) Opens Flat -
a) Goes Up- Buy CE only if it crosses 34900
b) Goes Down – Buy PE if it falls below 34450
2) Opens with Gap Up -
a) But Below 34900 - Buy CE only if it crosses 35000
b) Above 34900
i) Its going up - Buy CE only if it crosses 35000
ii) Its going down -Wait for it to bounce back from 34900 and buy CE when crosses 35000
if it breaks 34700 - then no trade till 34400
and if it breaks 34400 then Buy PE below 34400
3) Opens with Gap Down -
a) Above 34700 - Wait for it to bounce back from 34700 and buy CE trade above 34900 only
b) Below 34700-
Keeps on falling then Buy PE up to a fall of 34200, support present at 34400
ZEE GONNA BE A ROLLER COASTER RIDE 👌#59(GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation.and if you have any queries let me know. I have also linked my views on stocks which on the verge of breakout BELOW.
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#46 MAHA BANK SWING ANALYSIS#46 (GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation.and if you have any queries let me know. I have also posted my views on stocks which on the verge of breakout indraprastha gas, ubl , castrol, hindustan unilever, jindal steel, india bulls, dabur , tata power.
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#37 JINDAL STEEL SWING ANALYSIS!!(GENIE IDEAS): Iam a breakout trader.I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation.and if you have any queries let me know. I have also posted my views on indraprastha gas, ubl , tcs ,exide, tata power.
NIFTY EXPECTED TO BE IN RANGETHIS ANALYSIS IS BASED ON SGX NIFTY (LEVELS WILL BE VERY CLEAR AS IT TRADES NEARLY ALL THE TIME)
RANGE: 15311 AND 15411.
ON LOWER SIDE, NIFTY WILL FIND SUPPORT AT 15311 LEVELS AND ON THE UPPER SIDE IT WILL FEEL THE RESISTANCE AT 15411.
BUY/SELL
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IF WE SEE A REVERSAL AT 15311, WE COULD BUY FOR A TARGET OF 15400.
IF WE SEE A REVERSAL AT 15411 WE COULD SELL FOR A TARGET OF 15320.
IF 15311 IS BREACHED, WE COULD SELL FOR THE TARGET OF 15225.
IF 15411 IS BREACHED (HIGHLY LESS PROBABLE), IT IS A NEW HIGH. WE COULD BUY FOR A INVISIBLE TARGET.
BREAKING NEWS OF TVTODAYCHANNEL BREAKOUT IN TVTODAY ,BREAKING CHANNEL OF ALMOST A YEAR
ENTRY : ABOVE 335 A BIG MOVE EXPECTED (RISKY CAN TAKE ENTRY EVEN ON 320 ON ANY BULLISH INDICATION)
STOPLOSS :275 (PURELY ON CLOSING BASIS)
TARGETS : 347-350,400++
TIME FRAME - MAX 1 MONTH
FEW TRADE PARAMETERS :-
1. BREAKOUT
2. VOLUME
3. RSI ABOVE 70
Asian Paints - Intraday Set up 1 Stock has been consolidating and a swift movement on the downside can give good RR. In swing trading POV I am not short on it.
The Indicator Used:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
3) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
NIRTY TRADE SETUP FOR EXPIRYI am continue with same strategy ... sell from top and buy from bottom .
Let's discuss all three possibility today. 1. gap up :- if nifty opens above 14400 . it will not going to happen as SGX trading Around 14200.2. Gap down :- if Nifty opens below 14190 , then it will be sellers market . we will sell till nifty sustain below 14325 with 14400 Sl .3. Range bound opening ;- if nifty opens between 14190 - 14300 . then we will see range bound market . wait for 30 minute ..mark the range and sell from top and buy from bottom till market trade in same range .
*** Be a Slave of the Chart *** To Be a Profitable TraderHere I have shown Your the Support and Resistance (i.e., Supply and Demand zones) of Nifty 50 of Daily,15 mins and 5 mins.
How Price action works in the supply and deman zones.
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Market Outlook:
I am Bearish on the Market this is what the chart is suggesting .
Take Trades according to the Levels provided in the video.
Dont Jump into a Trade. Watch carefully the Supply and Demand zones then take a Winning Trade.
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My Opinion:
We ended the March expiry and we are entering for April Expiry.
April might be the month for Bears.
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Tomorrow Expectations:
Flat One sided Market. It might be a option eating day tomorrow.
Disclaimer :
This video is only for educational purposes. Please consult your financial advisor before you take any trades. I am not a SEBI Registered Analyst.