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Niftyanalsis

📊 # Nifty intraday levels for Friday 15/01/2021NSE:NIFTY 📊 Each levels Act as support and resistance📈📉. one can trade on 3min, 5min and 15 min as per their trade set up. for reference one can check our old published ideas. if any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle and stop loss can be below that support line or that reversal candle's low whichever lower, same way if any candle getting resistance from any resistance level and if one can find reversal candle for short over there then one can short below that candle and stop loss can be that resistance line or that reversal candle's high whichever higher. even one use their own trade setup with these levels. everyday levels are different and same way the candles which gonna be formed on support or resistance can be different so cant say here perfect numbers to buy or sell or stop loss . hope one can understand that better to trade with own wisdom in live market even check future chart as well for better profitable trade. ******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
NSE:NIFTY
by linesandlevels
My pervious Nifty's post title was: " Avoid Short Trade in NiftyMy pervious Nifty's post title was: " Avoid Short Trade in Nifty" As I have mentioned in that post Nifty made low near 10750, took support from it's demand zone and closed at day's high near its supply zone. My Next Week view: --- According to the demand and supply zones, Nifty closed near it's supply zone @ 10925-10985. So whenever it will sustain above this zone then again may show strong momentum on the upper side and will test next supply zones on the upper side @ 11050 and 11115-11145 zones. --- On the downside 10750-10800 will act as a strong support. I will avoid short trade in Nifty because it's very difficult to get follow through on the downside. --- According to the data there is strong OI buildup in put writing @ 10700 and max call writing @ 11200. Also there is a call buyer position in 10900 strike. I have a short position in 10600 call.(Shared this Trade in pervious Nifty Post). I will make a new long position above 10985. I may add more short position in 10600 call if Nifty will come to 10750-10800 zone. Daily I will update this post for my trades and other important updates. Have a Great and Safe Weekend Trade Well :)
NSE:NIFTYLong
by Swapilchoksi