Nifty Intraday Prediction Levels for 21 March 2024The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price. These are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone or break down and close below the Support zone.
These levels act as support and resistance. You have to trade according to level breakout or breakdown.
To buy or sell you can follow Buy/Sell Indication given by indicator or you can follow cloud also.
If you are a new trader then just watch (No Trade) these levels for some days.
Happy trading.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult with your Financial Advisor before taking any decision or trade.
Niftyanalsis
NIFTY Intraday Trade Setup For 04 Oct 2023 | Daily AnalysisNIFTY Intraday Trade Setup For 04 Oct 2023
Bullish-Above 19570
Invalid-Below 19520
T- 19675 19770
Bearish-Below 19470
Invalid-Above 19520
T- 19385 19290
NIFTY has closed on a bearish note with 0.56% cut today. It opened flat and sell triggered as per trade setup but the 1st one Min candle itself was very big which made our short trade RR unfavourable. After the 1st 15 Min candle overall it just consolidated. 10 o'clock range was also intact. Tomorrow below day today's day low there can be a good down move, best suitable after flat opening. For buying it need to sustain above 19570 also we will consider in the 2nd attempt breakout.
Coming to Wednesday's trade setup, if index opens flat and a 15 min candle closes above 19570 then we will long for the target of 19675 and 19770.
For selling we need a 15 min candle close below 19475. T- 19385 and 19290.
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.
niftyDISCLIMER
All the information shared in this chart is provided for strictly educational purposes only. This chart is sharing information are based on the theory of technical analysis. This is not an offer to buy or sell stocks, futures, options, commodity, forex, interests or any other trading security. Back test yourself before jump into live market consult your financial adviser and use proper risk management.
NIFTY Intraday Trade Setup For 5 Jan 2023NIFTY Intraday Trade Setup For 5 Jan 2023
Buy-Above 18135
Sl-18085
T- 18206 18275
Sell-Below 18020
Sl-18070
T-17945 17867
NIFTY has closed on a bearish sentiment with more than 1% cut. It was weak since opening. As soon as the 1st 15 Min candle's low broke index fell non-stop. That 15 Min candle was a price rejection candle that is why double force move came. As per trade setup, sell triggered below 18205 and hit all targets (extended also). This trade gave more than 180 points gain. Index has closed near day low which is a bearish sign. Index can slid towards 17950 and 17800 if today's low is breached and sustained. Important level for next upside momentum is 18270.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 18135 then we will long for the target of 18206 and 18275.
For selling we need a 15 Min candle close below 18020. T-17945 and 17870.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
NIFTY Intraday Trade Setup For 12 Dec 2022NIFTY Intraday Trade Setup For 12 Dec 2022
Buy-18515
Sl-18465
T-18615 18720
Sell- Below 18410
Sl-18460
T-18295 18195
NIFTY has has closed on a negative sentiment on Friday. Last week it was clearly told that we have given a breakout in Monthly TF and we are likely to see a pullback before any further up move. So has happened, we can spot a pullback candle in weekly TF with 1% cut. Next bullish momentum will be triggered above ATH. Inside candle (Bearish Harami) formed in weekly charts. Above and below the high and low of the mother candle will trigger the next momentum.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 18515. A pullback is must to consider this trade. Target will be 18615 and 18720.
For selling we need a 15 Min candle close below 18410. Target will be 18295. Post bounce target will be 18195 and below.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
Simple Trade Setup | NIFTY | 07-10-2022 [INTRADAY]NSE:NIFTY
Observations:
1) On 1D TF we can see for recent down trend it has covered almost 50% of that move as per FIB retracement.
Please refer below chart : 1D time frame.
-------------------------------------
Trade Setup for 07-10-2022
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.
Nifty Future Levels for 17 June 2022NIFTY TODAY - 16-06-22
Today was the awesome trending day, which was a darling day for all trend followers. Even after such a trending day, market gave ENTRY & TARGET points on each and every of my following zones
15793-15769
15652-15642
15555-15510
15425-15410
15365-15350
Did you guys notice the confluence of my downtrending channel with the zones and how price reacted at those confluence points.
Finally closed below my last zone of 15350.
NIFTY TOMORROW - 17-06-22
We have now into a new downtrend channel, and at the bottom of it, if it gets respected we may see a bounce up wards. keep respecting the zones and levels. Best of Luck.
NIFTY Intraday Trade Setup For 28 Apr 2022NIFTY Intraday Trade Setup For 28 Apr 2022
Buy-Above 17110
Sl- 17050
T-17200 17250 17300
Sell-Below 17000
Sl-17050
T-16950 16900 16825
NIFTY has closed 1% down. Formation is of a hammer. Activation is above 17120. Since last many days it is all about gap ups and downs. Intraday data is more important than pre market in this situation.
Coming to the expiry trade setup, we will long above 17120 if we get 15 Min candle close above that. Target will be 17200. Above 17225 target will be extended till 17300+.
For selling we can plan below 17000. This is a bit aggressive. Below 16950 it will be a momentum fall till 16825. Below 16800 will be a breakdown and panic selling will be triggered.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
Nifty-05/04/2022-LevelsHello Traders,
Nifty-05/04/2022-Levels
----------------------------------------
If Market Opens as a-
GAP-UP: Support of PDH (BUY) – Rejection of PDH (SELL)
FLAT: Support of PDH (BUY) – Rejection of IMP (SELL)
GAP-DOWN: Support of IMP (BUY) – Rejection of IMP (SELL)
-------------------------------------
Happy Learning and Trading
Rules to fallow...
1) Trade with Strict Stop Loss.
2) Trade with Small Quantity.
3) Take entries based on Support & Resistance Levels.
Please take the trade according to the levels marked, with Risk-Reward.
This is not a Buy or Sell recommendation to anyone.
Take entries after your own analysis.
This is for education purpose and a helping hand to learn trading in market.
NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level.
I hope you all like my analysis. Follow me to get regular updates.
Please do share your thoughts in comment section.
Please Hit a LIKE , it motivates me to do analysis and do share with your trading friends.
SHORT FORM &FULL FORM
-------------------------------
PDH-> Previous Day High
PDL-> Previous Day Low
PWH-> Previous Week High
PWO-> Previous Week Open
PWC-> Previous Week Close
PWL-> Previous Week Low
IMP -> Important
R@1, R@2,R@3... ->Resistance-Zones
S@1, S@2,S@3... ->Support-Zones
M_S -> Major Support
S_H -> Swing-High
S_L -> Swing-Low
D_T -> Double Top
D_B -> Double Bottom
T_T -> Triple Top
T_B -> Triple Bottom
TF -> Time Frame
BO -> Break-Out
RR -> Risk-Reward
SL -> Stop-Loss
GAP -> The area b/w Previous Day Close and Today Open
Blue Color Text(S@*,R@*)-> Act as Major Support or Resistance-Zones(Be Alert, Chances to Market take Reversals )
Simple Trade Setup | NIFTY | 16-03-2022 [INTRADAY]NSE:NIFTY
Trade Setup for 16-03-2022
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.
NIFTY-21/02/2022-LEVELSHello Traders,
NIFTY-21/02/2022-LEVELS
--------------------------------
If Market Opens as a-
GAP-UP: Support of R@1 (BUY) – Rejection of IMP (SELL)
FLAT: Support of R@1 (BUY) – Rejection of S@1 (SELL)
GAP-DOWN: Support of PDL (BUY) – Rejection of PDL (SELL)
-------------------------------------
Happy Learning and Trading.
Rules to fallow...
1) Trade with Strict Stop Loss.
2) Trade with Small Quantity.
3) Take entries based on Support & Resistance Levels.
Please take the trade according to the levels marked, with Risk-Reward.
This is not Buy and Sell recommendation to anyone.
Take entries after your own analysis.
This is for education purpose and a helping hand to learn trading in market.
NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level.
I hope you all like my analysis. Follow me to get regular updates.
Please do share your thoughts in comment section.
Please Hit a LIKE , it motivates me to do analysis and do share with your trading friends.
SHORT FORM &FULL FORM
-------------------------------
PDH-> Previous Day High
PDL-> Previous Day Low
IMP -> Important
R@1, R@2,R@3... ->Resistance-Zones
S@1, S@2,S@3... ->Support-Zones
S_H -> Swing-High
S_L -> Swing-Low
D_T -> Double Top
D_B -> Double Bottom
T_T -> Triple Top
T_B -> Triple Bottom
TF -> Time Frame
BO -> Break-Out
RR -> Risk-Reward
SL -> Stop-Loss
GAP -> The area b/w Previous Day Close and Today Open
Nifty-Today MarketHello Traders,
NIFTY@12/01/2022:
------------------------
Opens as a Gap-Up, above Resistance-Zone. market was took the support and went to R@1-Zone and closed above R@1.
Please do share your thoughts in comment section.
Please hit a LIKE , it motivates me to do analysis and do share with your trading friends.
Nifty-12/01/2022Hello Traders,
BANK-NIFTY@12/01/2022
---------------------------------
If Market Opened as a-
GAP-UP : Support of Resistance (BUY) – Rejection of PDH (SELL)
FLAT : Support of PDH (BUY) – Rejection of IMP (SELL)
GAP-DOWN : Support of IMP (BUY) – Rejection of PDL (SELL)
-------------------------------------
Happy Learning and Trading.
Rules to fallow...
1) Trade with Strict Stop Loss.
2) Trade with Small Quantity.
3) Take entries based on Support & Resistance Levels.
Please take the trade according to the levels marked, with Risk-Reward.
This is not Buy and Sell recommendation to anyone.
Take entries after your own analysis.
This is for education purpose and a helping hand to learn trading in market.
NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level.
I hope you all like my analysis.
Please do share your thoughts in comment section.
Please hit a like , it motivates me to do analysis and do share with your trading friends.
SHORT FORM &FULL FORM
-------------------------------
PDH -> Previous Day High
PDL -> Previous Day Low
IMP -> Important
R@1, R@2,R@3... ->Resistance-Zones
S@1, S@2,S@3... ->Support-Zones
TF -> Time Frame
BO -> Break-Out
RR -> Risk-Reward
SL -> Stop-Loss
SH -> Swing-High
GAP -> The area b/w Previous Day Close and Today Open
Nifty Intraday Trade Setup | 16th November 2021Nifty opened with Gap-up above our Buy Level of 18120 and made a high around 18200 in the first candle which also acted as Resistance and we saw a good decline from that level.
Trades we took Today:
> Bought Nifty 18300 PE at 145 which made a high above 200 and Traders booked great profit in this Trade
> Bought Nifty 18100 CE at 135 which we looked at the cost
> Bought Nifty 18100 CE at 125 gain and added more at 105 which we booked at 132
Overall Good day for Nifty Option Buyers.
Nifty closed above 18100 which is a support zone and we may see a positive opening tomorrow.
Expectations for Tomorrow: Range-bound day.
Intraday Levels:
Buy Above - 18140
Sell Below - 18070
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Intraday Trade Setup | 8th November 2021Nifty opened with Gap-up on Wednesday and we saw a high volatile session and Small range-bound on Muhurat Trading Session.
Trades we took Today:
> Bought Nifty 17850 CE at 125 which we booked at 138 with 13 points profit
> Bought Nifty 17750 CE at 75 which made a high around 160 and Traders booked great profit in this Trade
Indian Market is opening after 3 days, high volatile movement can be seen in the morning.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 17950
Sell Below - 17900
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
#NIFTY Intraday Support and Resistance Levels - 01/10/2021NIFTY will open gap down today. After opening important level for today's session is 17430 level. In case NIFTY starts trading below this level then there will be strong fall possible upto 17320- level. Expected some correction above 17480 level. For today's session upside 17580 will act as a strong resistance.
Nifty Intraday Trade Setup | 29th September 2021Nifty opened with Gap-up near our Buy level but couldn't sustain and we saw a sharp selling due to weak global cues though we saw a sharp recovery in the last hour.
For tomorrow if Nifty sustains above 17800 in the morning we may see an up-move for 40-80 points and 17900 would act as a resistance zone. Tomorrow can be another volatile day for Nifty so trade with caution.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 17800
Sell Below - 17700
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty may to touch 16000 level's!!When looking at a Pennant continuation pattern, you will see the following:
A flagpole: A Pennant pattern always begins with a flagpole, which differentiates it from other types of patterns (such as the symmetrical triangle). The flagpole is the initial strong move preceding the symmetrical triangle.
Breakout levels: There will be two breakouts, one at the end of the flagpole, and one after the consolidation period, where the upward or downward trend continues
The Pennant itself: The Pennant is the triangular pattern formed when the market consolidates, between the flagpole and the breakout. The two converging trendlines form the triangle - the Pennant.
BEARISH PENNANTS
Bearish Pennants are continuation patterns that occur in strong downtrends. They always start with a flagpole – a steep drop in price, followed by a pause in the downward movement. This pause forms a triangular shape, known as the Pennant. There is then a breakout, and the downward movement continues. Traders look to enter short trades on a break below the pennant.
NIFTY TRADEING SETUP VIEW|10-08-2021As Describe In Chart
Trade Accordingly.
Support And Resistance
Lines Plot On Chart.
Once You Buy or Sell
Then Always Book Partial Profit.
Do Not Wait For Final Target.
Note: As We Seen Today After Opening Market Continue Sell Off In That Case Wait For Sometime To Take Entry In Either BUY Or SELL Side.
Thanx.