Nifty & Bank Nifty Analysis For 24 Apr 2024In this video, we'll discuss about Today's Market Movement and Tomorrow's Analysis in Nifty, Banknifty and other segments too.
Whether you're a seasoned trader or just starting in the stock market, this analysis will help you in Learning about Market. Let's get right into it!
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Disclaimer : All views and charts shared in this video are purely for knowledge and information purposes only. Trading is Very Risky Business and it should only be done with proper Knowledge. It is very important to do your own analysis before making any investment based on your own personal circumstances.
#TheStockMantra #MarketAnalysis #LearnStockMarket
Niftyanalysis
NIFTY Intraday Trade Setup For 23 Apr 2024NIFTY Intraday Trade Setup For 23 Apr 2024
Bullish-Above 22390
Invalid-Below 22340
T- 22665
Bearish-Below 22190
Invalid-Above 22240
T- 22000
NIFTY has closed on a bullish note with 0.86% gain today. It opened with a big gap up and traded between 10 o'clock range for the whole day. However buy levels was respected as support irrespective of the gap up opening. Tomorrow on a flat opening if index breaks today's high then it will directly test 22665 zone. Bears will try to take charge below 22250 but for safer side plan short below 22190.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 22390 then we will long for the target of 22665.
For selling we need a 15 Min candle close below 22190. T- 22000.
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.
Nifty & Bank Nifty Analysis For 23 Apr 2024In this video, we'll discuss about Today's Market Movement and Tomorrow's Analysis in Nifty, Banknifty and other segments too.
Whether you're a seasoned trader or just starting in the stock market, this analysis will help you in Learning about Market. Let's get right into it!
✅I hope you liked the analysis. Be sure to hit that LIKE.
👍Like | 💬Comment | 👥Share
Disclaimer : All views and charts shared in this video are purely for knowledge and information purposes only. Trading is Very Risky Business and it should only be done with proper Knowledge. It is very important to do your own analysis before making any investment based on your own personal circumstances.
#TheStockMantra #MarketAnalysis #LearnStockMarket
Monthly Expiry Special Nifty & Bank Nifty Analysis For Apr 2024In this video, we'll discuss about Today's Market Movement and Tomorrow's Analysis in Nifty, Banknifty and other segments too.
Whether you're a seasoned trader or just starting in the stock market, this analysis will help you in Learning about Market. Let's get right into it!
✅I hope you liked the analysis. Be sure to hit that LIKE.
👍Like | 💬Comment | 👥Share
Disclaimer : All views and charts shared in this video are purely for knowledge and information purposes only. Trading is Very Risky Business and it should only be done with proper Knowledge. It is very important to do your own analysis before making any investment based on your own personal circumstances.
#TheStockMantra #MarketAnalysis #LearnStockMarket
NIFTY Intraday Trade Setup For 22 Apr 2024NIFTY Intraday Trade Setup For 22 Apr 2024
Bullish-Above 22190
Invalid-Below 22140
T- 22405
Bearish-Below 22000
Invalid-Above 22050
T- 21800
NIFTY has closed with a cut of 1.65% last week. Last week we had a bearish view as per the 2nd leg shooting star in weekly TF. Trigger of the bearish move was 22500. Index has respected 50 EMA in daily TF. Now Below 21770 next bearish move will be triggered which will be a breakdown of rising channel in daily TF. However 21700 is a major weekly support below which index will be bearish in medium term. In case of a gap up possibility of sell off will be high.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 22190 then we will long for the target of 22405.
For selling we need a 15 Min candle close below 22000. T- 21800.
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.
NIFTY Intraday Trade Setup For 19 Apr 2024NIFTY Intraday Trade Setup For 19 Apr 2024
Sell_1- From 22250
Invalid-Above 22300
T- 22080
Sell_2- Below 21950
Invalid-Above 22000
T- 21750 21585
NIFTY has closed on a bearish note with 0.69% cut today. Last weekend analysis is going well as we discussed that index will be under bear's grip below 22500 as per the effective 2nd leg shooting star candle in weekly TF. It was said @21520 that there is a high possibility of NIFTY making a short term top. Since then it has been sell on rise market and same approach should be kept till index makes a bullish reversal structure in daily TF.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes below 21950 then we will long for the target of 21750 and 21585.
In case of gap up we will short from 22250. T- 22080.
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.
NIFTY Intraday Trade Setup For 16 Apr 2024NIFTY Intraday Trade Setup For 16 Apr 2024
Bullish-Above 22430
Invalid-Below 22380
T- 22660
Bearish-Below 22250
Invalid- Above 22300
T- 22050
NIFTY has closed on a complete bearish note with 1.1% cut today. In the weekend we discussed that index has formed a short term top as it formed a 2nd leg shooting star in weekly TF. Only thing is that it opened directly below sell level- 22500 so fresh positions could not be opened as per the discussed entry and RR. So one need to wait incase it retest 22600 to 22550 zone for the swing short entry. Tomorrow best trade will be in short side on a flat opening.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 22430 then we will long for the target of 22660.
For selling we need a 15 Min candle close below 22250. T- 22050 and 21825.
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.
NIFTY Intraday Trade Setup For 15 Apr 2024NIFTY Intraday Trade Setup For 15 Apr 2024
Sell_1- From 22660
Invalid-Above 22710
T- 22500
Bearish-Below 22500
Invalid-Above 22550
T- 22300
NIFTY has closed with a bearish sentiment last week. It has formed a shooting star candle in weekly TF that too in the 2nd leg which I personally consider. There is a strong possibility of NIFTY topping out atleast for short term if it trades firmly below 22500 with ATH as risk. If there is gap up opening then we will plan a short trade from 22660 or else flat opening short below 22500 will be ideal trade.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle below 22500 then we will short for the target of 22300 and then trail in 5 Min TF.
On case of a gap up we will short from 22660. T- 22500.
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.
NIFTY Intraday Trade Setup For 9 Apr 2024NIFTY Intraday Trade Setup For 9 Apr 2024
Bullish-Above 22710
Invalid- Below 22660
T- 22865
Bearish-Below 22600
Invalid-Above 22650
T- 22420
NIFTY has closed on a bullish note with 0.68% gain today. Index has picked the trend above our planned bullish level- 22620 discussed in the weekend analysis. Buy triggered above 22620 and gave a small move till 22697. Intraday momentum has really dropped and this is a historical reason as momentum dies in bull market, FUT and option selling suited market. Tomorrow 22710 will be an important resistance, a shooting star in 5 Min TF will be good to short. Below 22600 we will short.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 22710 then we will long for the target of 22865.
For selling we need a 15 Min candle close below 22600. T- 22420.
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.
NIFTY Intraday Trade Setup For 8 Apr 2024NIFTY Intraday Trade Setup For 8 Apr 2024
Bullish-Above 22620
Invalid-Below 22570
T- 22830
Bearish-below 22300
Invalid-Above 22350
T- 22090
NIFTY has closed on a neutral note with slight gain of 1.2% gain. However it has closed above 22500 after 6 attempts. The weekly candle is a neutral and indecisive candle, a spinning top. Above its high-22620 we will plan bullish view and below its low-22300 we will plan a bearish view. Probability of upmove seems high but will follow market to trigger. Index has created inside candle on Friday which indicates a potential compression in markets so between 22620 and 22300 we will avoid directional trade.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 22620 then we will long for the target of 22830 and 23030.
For selling we need a 15 Min candle close below 22300. T- 22090.
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.
NIFTY Intraday Trade Setup For 5 Apr 2024NIFTY Intraday Trade Setup For 5 Apr 2024
Bullish-Above 22620
Invalid- Below 22570
T- 22830 23030
Bearish-Below 22300
Invalid-Above 22350
T- 22090
NIFTY has closed with a 0.36% gain today. It was most volatile day after many days, maybe due to RBI event tomorrow. It opened with a big gap up and 10 o'clock range was to be used as per trade setup. Range broke downside below 22380 and gave 70+ points move in favor then it recovered 70% from where it fell. Tomorrow it will be both way moves once again die to RBI Credit Policy. So Personally I will avoid trading tomorrow.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 22620 then we will long for the target of 22830 and 23030.
For selling we need a 15 Min candle close below 22300. T- 22090.
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.
NIFTY Intraday Trade Setup For 4 Apr 2024NIFTY Intraday Trade Setup For 4 Apr 2024
Bullish-Above 22530
Invalid-Below 22480
T- 22767
Bearish-Below 22390
Invalid-Above 22440
T- 22190
NIFTY has closed at a striking distance to ATH and on verge of a ATH breakout. It ended on a flat note today. Tomorrow if at all it breaks ATH then possibility of a shot covering rally is high. A strong momentum trade can be planned above 22530 which will be best directional for tomorrow. 22390 is intraday support so below 22390 we will plan a short trade, target of 22190 will be confirmed below today's low. High probability trade is in buy side.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 22530 then we will long for the target of 22767.
For selling we need a 15 Min candle close below 22390. T- 22190.
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.
SELL NIFTY AROUND 10:35 | INTRADAY TRADE 2ND APRILAs per SpanAttack timings algo, we look forward for a fall today around 10:35. Sell Nifty around 10:35 AM today, we have marked the crucial resistance levels, try to sell as close as you get.
Sell Nifty: Around 10:35 AM and near crucial important resistance levels.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
NIFTY Intraday Trade Setup For 2 Apr 2024NIFTY Intraday Trade Setup For 2 Apr 2024
Bullish-Above 22530
Invalid-Below 22480
T- 22780
Bearish-Below 22420
Invalid-Above 22470
T- 22200
NIFTY has closed on a bullish note with 0.61% gain today. Entire gain has been contributed by gap up as it opened with 0.57% gain. For the rest of the day index traded between 22530 and 22430, inside 100 points. It has formed a shooting star candle in daily TF although closed with gains but daily candle suggests weakness. Yesterday's buy level was 22530 and same will be for tomorrow. Below 22420 index will be bearish in intraday.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 22530 then we will long for the target of 22780.
For selling we need a 15 Min candle close below 22420. T- 22200.
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.
01 Apr 2024 - Both indices are aligned in the same direction -UPNifty Analysis - Stance Bullish ⬆️
Recap from yesterday: “In the end, made peace with whatever happened during the day. When we start trading on 1st April, we will start with a bullish stance.”
Nifty surprises everybody and recovers the loss of the final 45mts of trade on 28th March. What a good start to the new weekly, monthly, and yearly series. Unlike the previous quarters, I may not compile the daily posts into an ebook to post on Kindle, instead, it will be available on tradingview and my blog for reference & study.
Nifty hit a new ATH today - 22529 and after that, the momentum faded slightly, but the downside was protected pretty well. 22443 acted as a good interim support. For all the non-directional option sellers, the first day of the new FY would have given a good green start to their PnL.
On the higher timeframe, Nifty looks solidly poised for more bullish momentum. BankNifty went above its resistance today and for the first time in many sessions, we have both the indices facing the same direction i.e. UP. Ideally, we should see some followthrough buying and the index should continue to hit new highs. But before we go long, let us give it a day or two because the reaction today may be the after-effect of the adjustments and rebalancing that was done over the last 2 to 3 days due to year-end.
NIFTY Intraday Trade Setup For 1 Apr 2024NIFTY Intraday Trade Setup For 1 Apr 2024
Bullish-Above 22530
Invalid-Below 22480
T- 22780
Bearish-Below 22250
Invalid- Above 22300
T- 22045
NIFTY has closed on a bullish note last week with 1% gain. It was a short week of 3 sessions but since start of the week bulls took charge and held till weekend. Now above 22530-50 we will witness another round of strong bullish move in daily TF. On Thursday itself we discussed about hourly TF breakout above 22215 and it gave a fantastic move. Also since it has been rejected from ATH zone so there is a pullback scenario below 22250 towards 22045, which is again a reversal level.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 22530 then we will long for the target of 22780.
For selling we need a 15 Min candle close below 22250. T- 22045.
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.
NIFTY Intraday Trade Setup For 28 Mar 2024NIFTY Intraday Trade Setup For 28 Mar 2024
Bullish- Above 22215
Invalid- 22165
T- 22360 22550
Bearish- Below 22040
Invalid- Above 22090
T- 21880 21680
NIFTY has closed on a bullish note with 0.54% gain today. It was firmly bullish since opening as buy triggered above 22080 and gave a steady move till 22200. However our targets were unachieved due to overall low momentum market. It has tested hourly resistance level 22210 which is a breakout level inside the overall parallel channel in hourly and daily TF. Tomorrow above 22215 we can expect a good upmove on flat opening. 22040 is today's low and an important bearish reversal point considered from hourly resistance - 22210.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 22215 then we will long for the target of 22360 and 22550
For selling we need a 15 Min candle close below 22040. T- 21880 and 21680.
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.
NIFTY Intraday Trade Setup For 27 Mar 2024NIFTY Intraday Trade Setup For 27 Mar 2024
Bullish-Above 22080
Invalid-Below 22030
T- 22250
Bearish-Below 21940
Invalid-Above 21990
T- 21800 21630
NIFTY has closed on a bearish note with 0.42% cut today. While all this cut was entirely contributed by gap down opening. In intraday it traded in 80 points range, for the max time it froze between 50 points. Since 2nd week of Feb index has been hovering near 22000 zone. I am waiting for 21700 to be broken downside for a trendy move or else it is sideways and position sizing must be reduced till the time index is trading between this channel in daily TF.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 22080 then we will long for the target of 22250.
For selling we need a 15 Min candle close below 21940. T- 21800 and 21630.
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.
NIFTY Intraday Trade Setup For 26 Mar 2024NIFTY Intraday Trade Setup For 26 Mar 2024
Bullish-Above 22210
Invalid-Below 22160
T- 22455
Bearish-Below 22015
Invalid-Above 22065
T- 21880 21700
NIFTY has closed with a slight bullish sentiment last week with 0.33% gain. Index is still in trading sideway. Fresh bearish price action will be seen below 21700 now. There can be bull's grip if give breakout of 22250 in hourly TF, it is nothing but 0.618 upper zone taken from ATH. Below 22015 internal structure will once again turn bearish clear downside move can be seen. Between 22210 and 22010 approach will be non-directional.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 22210 then we will long for the target of 22455.
For selling we need a 15 Min candle close below 22015. T- 21880 and 21710.
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.
SELL NIFTY @ 1:00 PM ON 22ND MARCH '24We are seeing a fall in Nifty in second half of the session. Sell Nifty around 1:00 PM today, we have marked the crucial resistance levels, try to sell as close as you get.
Sell Nifty: Around 1:00 PM and near crucial important resistance levels.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
NIFTY Intraday Trade Setup For 22 Mar 2024NIFTY Intraday Trade Setup For 22 Mar 2024
Bullish-Above 22100
Invalid-Below 22050
T- 22315 22530
Bearish-Below 21940
Invalid-Above 21990
T- 21700 21480
NIFTY has closed on a bullish note with 0.79% gain today but all contributed through gap up opening. It was was more or less seller's expiry. Breakdown of the 50 EMA could not be sustained. Now we need a fresh bearish price action in daily TF for a fresh short view, which I will update here. Index has formed doji type candle in daily TF so below 21940 there can good bearish grip once again. In case it opens below 22080 then above 22100 we will plan a long trade.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 22100 then we will long for the target of 22315 and 22530.
For selling we need a 15 Min candle close below 21940. T- 21710 and 21480.
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.
NIFTY Intraday Trade Setup For 21 Mar 2024NIFTY Intraday Trade Setup For 21 Mar 2024
Bullish-Above 21950
Invalid-Below 21900
T- 22165
Bearish-Below 21700
Invalid-Above 21750
T- 21480 21285
NIFTY has closed on a flat note with minor gain of 0.1% today. It has formed a doji candle in daily TF just after closing below 50 EMA yesterday. In order to follow the recent bearish trend established index has to take down 21700 again. One fine bearish move can be seen below today's low. It was a volatile session today as sell triggered and gave 80 points in favor then reversed sharply. Since it is a doji candle above its high bulls will try to regain 50 EMA in daily TF.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 21950 then we will long for the target of 21965.
For selling we need a 15 Min candle close below 21700. T- 21480 and 21285.
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.
Nifty Intraday Trade Setup | 20th MarNifty opened with a gap-down today due to TCS news around 21960 and after making a high at 21978 we saw a sharp sell-off and Nifty made low below 21800 which acted as support.
For tomorrow, if Nifty sustains above 21870 we expect to see a pullback towards 21910 and upper marked levels. On the other side, fresh selling will be triggered if Nifty breaks 21800 on the downside, we may see 21760 and below marked levels on the chart.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 21870
Sell Below - 21800
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India