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NIFTY Intraday Trade Setup 25 Jul 2024NIFTY Intraday Trade Setup 25 Jul 2024 Bullish-Above 24600 Invalid-Below 24550 T- 24855 Bearish-Below 24270 Invalid-Above 24320 T- 24000 NIFTY has closed on a slight bearish note with 0.27% cut today. It was a consolidation day after budget, a normal phenomenon after an event as VIX generally cools off after any event which brings market into overall range. It has formed an inside candle in daily TF so till the time it is inside mother candle's range we will maintain non directional approach. 25600 and 24270 are intra levels for tomorrow. Coming to Thursday's trade setup, if index opens flat and 15 Min candle closes above 24600 then we will long for the target of 24855. For selling we need a 15 Min candle close below 24270. T- 24k. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:NIFTY
by Omahto
NIFTY Intraday Trade Setup For 23 Jul 2024NIFTY Intraday Trade Setup For 23 Jul 2024 Bullish-Above 24600 Invalid-Below 24550 T- 24855 25160 Bearish-Below 24350 Invalid-Above 24400 T- 24048 23800 NIFTY has closed on a flat note today, calmness before Budget move. However it formed spinning top candle in daily TF which is indecision sign. It is going to be a news reactive/driven market tomorrow due to Union Budget announcements. One can avoid trading tomorrow as I personally cant's trade uncertainty. However 24600 and 24350 will be range I will be looking to trade on breakout. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 24600 then we will long for the target of 24855 and 25160. For selling we need a 15 Min candle close below 24350. T- 24048 and 23800. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:NIFTY
by Omahto
Budget day trading levels BN 23/07/24.Banknifty prior to the budget day closed flat and there are chances of a trending market owing to the news. On the hourly charts, the market has consolidation after the first hour candle. Consolidation is good to make the break out/ down to travel. Market is trading around the 20 ema and above 200 ema. If the market break below the moving average, trade using MA strategy can be entered. Major support levels :- 52160, 51940 Resistance levels :- 52420, 52630 Wait for the price action near the levels before entering the markets.
NSE:BANKNIFTY
by TheMamboMomentum
Finnifty weekly expiry and Budget day intraday levels (23/07/24)Tomorrow it the budget day and the markets today closed in a neutral scenario, forming doji on the daily charts. Option premiums are inflated and the VIX closed gaining 4%. On 15 minutes time frame, the market has given a lower low formation and retraced back to 61.8% fib levels. If the market starts trading below 23500, good crack down can be seen upto 23410 and can travel to hit lower support zone around 23320. In case of a break out of today's high (23720), bulish trade can be entered with a strict stop loss and target of 23840. Major support zone :- 23590, 23410, 23320 Resistance levels :- 23720, 23840 Wait for the price action and a good momentum for buying the options, as there will be a good time decay in the premiums.
NSE:CNXFINANCE
by TheMamboMomentum
NIFTY Intraday Trade Setup For 22 Jul 2024NIFTY Intraday Trade Setup For 22 Jul 2024 Bullish-Above 24730 Invalid-Below 24680 T- 24930 Bearish-Below 24500 Invalid-Above 24550 T- 24290 NIFTY has closed on a flat note with a bearish sentiment as it ended the week near lowest point. It has not yet lost gains but sentiment has turned bearish. The coming week is likely to be volatile due to Union Budget placed on 23 Jul. One can avoid trading like we escaped Loksabha result week. In case 24730 is tested via gap up then it may face intra resistance. We will consider buy on pullback breakout setup only. 24730 and 24290 are levels for Monday. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 24730 then we will long for the target of 24930. For selling we need a 15 Min candle close below 24500. T- 24290. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:NIFTY
by Omahto
low risk-high return; min 30% ROI ; swingAdd this to watchlist and wait for entry.👁️‍🗨️ For short term investment ; Leave a " Like If you agree " .👍 . Wait for small retracement & daily candle to close above - "145". Avoid Trade untill ENTRY level. . Entry: 145 target: 168 - 195 sl: 138-128 major stoploss/ support: 960 . . Enter only if market Retrace and Break s "Yellow box" mentioned. . . Don't make complicated trade set-up.📈📉 Keep it " simple, focus on consistency " 💹 Refer our old ideas for accuracy rate🧑‍💻 Follow for daily updates👍 . Refer over old posted idea attached below.
NSE:LEMONTREELong
by TheNuraTrading
IndusTower looking good to BOOM💥; 40% swingAdd this to watchlist and wait for entry.👁️‍🗨️ 2024-2025 For short term investment ; Leave a " Like If you agree ".👍 . Wait for small retracement & daily candle to close above - "340". Avoid Trade untill PROPER ENTRY level. . Entry: 340 target: 400- 420- 478 sl: 315 major stoploss/ support: 290 . . Enter only if market Retrace and Breaks "Yellow box" mentioned. . . Don't make complicated trade set-up.📈📉 Keep it " simple, focus on consistency "💹 Refer our old ideas for accuracy rate🧑‍💻 Follow for daily updates👍 . Refer our old ideas attached below for Backtesting
NSE:INDUSTOWERLong
by TheNuraTrading
Bullish break out in the stocks for this week 08/07/2024.. ONGC is a government sector company is trading around the resistance zone. If there is a break out of the consolidation zone good returns can be captured in the stock. The stock has taken a good support from 20 ema which also gives a confidence to hold the stock for a swing trading. Even on the daily charts, the stock has test the 200 ema and chance of it clearing the resistance level is high. A round number figure of 300 can be seen as the next resistance as the stock will be trading in an uncharted zone after the break out. Kotak bank has been trading in a range and the upper resistance zone is around 2050 levels. The stock is currently trading around 1850 levels and has taken support from both the moving averages on the weekly charts. If the stock sustain the break out there are chance of it hitting the resistance level soon. The target for trading are there on the chart. Long term stock positions can also be created in the stock as it seems to show some bullishness. Wait for the price action near the levels before entering the market.
NSE:ONGC
by TheMamboMomentum
Banknifty analysis for 19/07/24.Banknifty on the weekly time frame is still forming an inside candle. If it crosses the previous weekl high of 52800, a bullish trade can be made. The hourly time frame, there is a inverted Head and Shoulder pattern and the high probability trade can be initiated as Nifty is trading around Life time high of 24800. There is chances of BN catching up with other index. Major Break out level :- 52800 Targets :- 53080, 53250 In case the market starts break down, trade only once it break the support zone of 52150-52200. Wait for the price action around the levels before entering the market.
NSE:BANKNIFTY
by TheMamboMomentum
Nifty Trade Setup: Wave 4th Selling Opportunity, 1:7 RR Nifty Wave Analysis: July 18th 2024 Nifty is going up in extension after the June 4th crash. It clearly looks like Wave 3, and Wave 4 is about to begin. Short Entry : 24587 Stop Loss : 24680 Expected Destinations: 23862 (23.6%) 23370 (38.2%) And max 50% Wave 4 could be a sharp correction, but we can't ignore the possibility of a time-wise correction. Therefore, selling monthly CE with a hedge is safer or Short Nifty Future. Disclaimer: This is for educational purposes only and not for trading. Please do your own analysis before making any decisions.
NSE:NIFTYShort
by WaveMoku