NIFTY Intraday Trade Setup For 22 Feb 2024NIFTY Intraday Trade Setup For 22 Feb 2024
Bullish-Above 22250
Invalid-Below 22200
T- 22465
Bearish-Below 21990
Invalid-Above 22040
T- 21790 21600
NIFTY has closed on a bearish note with 0.64% cut today. Buy triggered as per trade setup above 22220 which hit 50 points sl. It is like Open = High and sentiment was bearish the whole day. Tomorrow 22160 will be an confluence zone, can act as resistance. Above 22250 we will test 22465 and this is a strong resistance in weekly TF as per ABCD calculation. 21790 is going to be a strong support zone as per half bat (0.618).
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 22250 then we will long for the target of 22465.
For selling we need a 15 Min candle close below 21990. T- 21790 and 21600.
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.
Niftyanalysis
Nifty50 Support And Resistance 22-Feb-24Please find below simple resistance and support:
Resistance: 21100
If crossed up then will see upward move as follows:
T1: 22142
T2: 22186
Support: 21985
If crossed down then will see downward move as follows:
T1: 21967
T2: 21923
This is only for education purpose. Do your own research before investing or trading.
I AM NOT SEBI REGISTERED ANALYST, SO BEFORE TAKING ANY DECISION CONSULT ANY PROFESSIONAL.
We Strictly Recommend You Not To Make Any Decisions, Financial, Investments, Trading, Or Otherwise.
Please Understand That Using This Information Would Be Totally At Your Own Risk.
****************************************************************************
𝐃𝐈𝐒𝐂𝐋𝐀𝐈𝐌𝐄𝐑: We/I are not 𝐒𝐄𝐁𝐈 ( Securities and Exchange Board of India ) Registered. The Information Provided Is For Educational & Instructive Purposes Only. Our Intention Is Not To Provide Any Financial Advice, Investment Advice, Training Advice, Or Any Other Advice. This Is General Information And Is Not Explicit To You Or Anyone Else.
Without The Consultation Of Any Professional, We Strictly Recommend You Not To Make Any Decisions, Financial, Investments, Trading, Or Otherwise. Please Understand That Using This Information Would Be Totally At Your Own Risk.
Do Not Take Any Action Unless You Are Set Up To Continue An
'All Out Misfortune " or "Total Loss".
Your Misfortune Could Incorporate Cash You Contributed Just As Commissions And Exchange Charges
NIFTY Intraday Trade Setup For 21 Feb 2024NIFTY Intraday Trade Setup For 21 Feb 2024
Bullish-Above 22220
Invalid-Below 22170
T- 22415 22580
Bearish-Below 22040
Invalid-Above 22090
T- 21860 21650
NIFTY has closed on a bullish note with 0.34% gain today. As per trade setup it tested the buy level but almost at closing bell. It has closed at breakout level near 22200 tomorrow it should give a good momentum in the upside in flow above 22210. 22415 can be immediate target after the breakout and will book max there and from there we need to look for a bearish reversal price structure in 5 Min TF for TSL. Index is following this channel in daily TF.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 22220 then we will long for the target of 22415 and 22580.
For selling we need a 15 Min candle close below 22040. T- 21860 and 21650.
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 20 Feb 2024NIFTY Intraday Trade Setup For 20 Feb 2024
Bullish-Above 22200
Invalid-Below 22150
T- 22450 22700+
Bearish-Below 22020
Invalid-Above 22070
T- 21830 21635
NIFTY has closed on a record high today with 0.37% gain today. It has formed a spinning candle in daily TF which indicates indecisiveness. It can trigger both sentiment, above 22200 we would this spinning top candle as continuation of the ongoing bullish move. Below 22020 we will treat this as a reversal sign. Incase of breakout above 22200 we would test 22450-22465 and this can be a stiff resistance. One can plan a short trade with bearish reversal price structure in 5 Min TF.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 22200 then we will long for the target of 22450 and 22725.
For selling we need a 15 in candle close below 22020. T- 21830 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 19 Feb 2024NIFTY Intraday Trade Setup For 19 Feb 2024
Bullish-Above 22080
Invalid-Above 22030
T- 22300 22520
Bearish-Below 21950
Invalid-Below 22000
T- 21735
NIFTY has closed on a slight bullish note last week and day with 1.19% and 0.59% gain respectively. It is at a striking distance to ATH and chances of a fresh bullish move above 22150 is high. 2nd leg shooting star will be invalid above 22130. But before it triggers a bullish move above 22150 it may dip for a pullback to fuel the impulse on breakout. So on Monday if there is a gap up and below 1st 5 Min candle's low it can trigger a down move.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 22080 then we will long for the target of 22300 and 22520.
For selling we need a 15 Min candle close below 21950. T-21735
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 | 19th FebToday Nifty opened above 22000 and after making a morning low around 21970, Nifty remained in range and made a high at 22068.
For tomorrow, buy Nifty if sustains above 22070 for the targets of 22100 and upper marked levels. On the other side, if Nifty breaks 21960 on the downside, we may see 21920 and below marked levels on the chart. Also, if Nifty closes below 21960, it may also break the up-trend for short-term.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 22070
Sell Below - 21960
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
NIFTY MATHEMATICAL LEVELS FOR THIS EXPIRYThese Levels are based on purely mathematical calculations.
Validity of levels are upto expiry of current week.
How to use these levels :-
* Mark these levels on your chart.
* Safe players Can use 15 min Time Frame
* Risky Traders Can use 5 min. Time Frame
* When Candle give Breakout / Breakdown to any level we have to enter with High/Low of that breaking candle.
* Targets will be another level marked on chart
* Stop Loss will be Low/High of that Breaking Candle.
* Trail your SL with every candle.
* Avoid Big Candles as SL will be high then.
* This is one of the Best Risk Reward Setup.
For Educational purpose only
NIFTY Intraday Trade Setup For 16 Feb 2024NIFTY Intraday Trade Setup For 16 Feb 2024
Bullish-Above 21960
Invalid-Below 21910
T- 22190 22350
Bearish-Below 21780
Invalid-Above 21830
T- 21635 21490
NIFTY has closed with a slight gain of 0.32% gain today. It opened with a gap up and yesterday it was discussed that we may turn sideways and close flat in case of a gap up. So has happened today, it was almost sideways within a very small range till 1 PM. Then there was a call side spike which again cooled off till some extent. It has formed a doji candle in daily TF, an indecisive sentiment. Above today's high and low will be deciding levels for tomorrow's session.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 21960 then we will long for the target of 22190 and 22350.
For selling we need a 15 Min candle close below 21790. T- 21635 and 21490.
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.
Nifty50 Support And Resistance 16-Feb-24Please find below simple resistance and support:
Resistance: 21965
If crossed up then will see upward move as follows:
T1: 22037
T2: 22100
Support: 21885
If crossed down then will see downward move as follows:
T1: 21783
T2: 21720
This is only for education purpose. Do your own research before investing or trading.
I AM NOT SEBI REGISTERED ANALYST, SO BEFORE TAKING ANY DECISION CONSULT ANY PROFESSIONAL.
We Strictly Recommend You Not To Make Any Decisions, Financial, Investments, Trading, Or Otherwise.
Please Understand That Using This Information Would Be Totally At Your Own Risk.
****************************************************************************
𝐃𝐈𝐒𝐂𝐋𝐀𝐈𝐌𝐄𝐑: We/I are not 𝐒𝐄𝐁𝐈 ( Securities and Exchange Board of India ) Registered. The Information Provided Is For Educational & Instructive Purposes Only. Our Intention Is Not To Provide Any Financial Advice, Investment Advice, Training Advice, Or Any Other Advice. This Is General Information And Is Not Explicit To You Or Anyone Else.
Without The Consultation Of Any Professional, We Strictly Recommend You Not To Make Any Decisions, Financial, Investments, Trading, Or Otherwise. Please Understand That Using This Information Would Be Totally At Your Own Risk.
Do Not Take Any Action Unless You Are Set Up To Continue An
'All Out Misfortune " or "Total Loss".
Your Misfortune Could Incorporate Cash You Contributed Just As Commissions And Exchange Charges
NIFTY Intraday Trade Setup For 15 Feb 2024NIFTY Intraday Trade Setup For 15 Feb 2024
Bullish-Above 21880
Invalid-Below 21830
T- 22050 22190
Buy_2- From 21640
Invalid-Below 21590
T- 21850
NIFTY has closed on a bullish note with 0.45% gain today. It was bold bullish day as it opened with a big gap down and recovered to almost 0.5% gain from 1% down. 10 o'clock range broke upside above 21625 and gave a good move. Now it has closed near hourly trendline resistance. There will be a big move after trendline breakout if it sustains above 21950. In case trendline being respected we will head towards 21645 and may find a good support again. Chances of almost flat close in case we open gap up.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 21880 then we will long for the target of 22050 and 22190.
2nd buy can be considered from 21640. T- 21850
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 | 15th FebToday Nifty opened with a gap down around 21600 and after making a low at 21530 in first 30 mins we saw good rebound from lower levels. We took sell trade around 21700, got 60 points fall towards 21634, and booked profit in that.
For tomorrow, buy Nifty if sustains above 21870 for the targets of 21910 and upper marked levels. On the other side, if Nifty breaks 21750 on the downside, we may see 21710 and below marked levels on the chart.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 21870
Sell Below - 21750
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
NIFTY and BANKNIFTY Important levels for tomorrowNifty and Banknifty ended up in the positive zone after the full fledged fight between buyers and sellers all day long. Our levels of yesterday worked fine as heck. Now we are seeing consolidation in bigger picture. Its gonna be a little bit tough for the option buying as market was almost trending all of the days in the past week. We might as well see more consolidation in future. I am just gonna respect my levels and will wait for the breakout from them and then I will be making my positions.
NIFTY Intraday Trade Setup For 14 Feb 2024NIFTY Intraday Trade Setup For 14 Feb 2024
Bullish-Above 21770
Invalid-Below 21720
T- 22011 22190
Bearish-Below 21540
Invalid-Above 21590
T- 21339 21120
NIFTY has closed on a bullish note with 0.59% gain today. As per trade setup it traded between yesterday's range an nothing triggered. However plotted channel pattern was broken and bullishness continued till EOD. Hourly trend is still downside and last swing high is 21850 which can bring a reversal sign if taken out. Our swing short from 21800 is still intact with the initial risk @ 22130. Our short level for tomorrow is 21540 but early sign of reversal can be sensed below 21700.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 21770 then we will long for the target of 22011 and 22190.
For selling we need a 15 Min candle close below 21540. T- 21339 and 21120.
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 13 Feb 2024NIFTY Intraday Trade Setup For 13 Feb 2024
Bullish-Above 21810
Invalid-Below 21760
T- 22011 22190
Bearish-Below 21570
Invalid-Above 21620
T- 21339 21120
NIFTY has closed on a bearish note with 0.76% cut today. Our short trade which we are carrying from 21800 is now seems to be on track. Our trade was based on 2nd leg shooting star in daily TF with SL being intact @ 22130. Yesterday half bat was projected as an resistance seeing the current trend of the market which worked very well in today's session. 21810 and 21570 are important levels for tomorrow's session.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 21810 then we will long for the target of 22011 and 22190.
For selling we need a 15 Min candle close below 21570. T- 21339 and 21120.
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 and BANKNIFTY Important levelsNIFTY is not very indicative for now, we saw a huge fall today specially in Banknifty, while NIFTY held out good despite the Liquidity Void it had from 31 Jan rally. Now OI is -ve for both of the instruments, we shall see the price action on these levels. I am a little bit biased towards bullish movement but yes after a bear trap or consolidation. Let's see what market tells us tomorrow and we shall make our positions accordingly.
FINNIFTY (Expiry Analysis)FINNIFTY is at its crucial bottom. If it breaks it tomorrow then we will wait for the most likely see the bear trap on which we we will enter for long positions and if it breakdown the bottom and comes to retest then we will enter short positions after seeing some confirming bearish candles. Seeing OI Data, Market looks mildly bearish. We will make our positions accordingly.
NIFTY Intraday Trade Setup For 12 Feb 2024NIFTY Intraday Trade Setup For 12 Feb 2024
Bullish-Above 21830
Invalid-Below 21780
T- 22011 22190
Bearish-Below 21620
Invalid-Above 21670
T- 21400
NIFTY has closed almost on a neutral note last week and formed a spinning top candle. In weekly TF it is just consolidation which is pretty common after a big run. We have initiated a short position below 21800 as per 2nd leg shooting star in daily TF. Sl 22130 is intact , if it is triggered then above 22200 bullish move will continue as an impulse. Target for this short is 21450 which is 50% retracement of the last leg of rally.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 21830 then we will long for the target of 22011 and 22190.
For selling we need a 15 Min candle close below 21620. T- 21400 and 21120.
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 | 9th FebToday Nifty opened with a gap up above 22000 and formed hanging man pattern in first 15 mins candle, we initiated a sell trade in Nifty 22000 PE 15th Feb contract and saw a great fall today as per analysis.
For tomorrow, buy Nifty if sustains above 21820 for the targets of 21860 and upper marked levels. On the other side, if Nifty breaks 21670 on the downside, we may see 21630 and below marked levels on the chart.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 21820
Sell Below - 21670
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
BANKNIFTY Intraday Trade Setup For 09 Feb 2024BANKNIFTY Intraday Trade Setup For 09 Feb 2024
Sell_1- From 45650
Invalid-Above 45760
T- 45220 44900
Sell_2- Below 44890
Invalid-Above 45000
T- 44400 43915
BANKNIFTY has closed on a complete bearish note with 1.76% cut today. Since last 3 days BANKNIFTY was complete sideways between 46100 and 45500. Today range broke downside and a gave a good trendy move. Sell triggered as per trade setup below 45520 and hot 1st target 44900. Tomorrow there are two places to short one on pullback and one on continuation. Possibility of a bullish above 45650 looks less. Best trade will be on flat opening below 44890.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes below 44890 then we will short for the target of 44400 and 43915.
In case it tests 45650 via a gap up move move then we will short from there. T- 45220 and 44900.
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 09 Feb 2024NIFTY Intraday Trade Setup For 09 Feb 2024
Bullish-Above 21830
Invalid-Below 21780
T- 22005 22190
Bearish-Below 21650
Invalid-Above 21700
T- 21465 21300
NIFTY has closed on a complete bearish note with nearly 1% cut today. Once again our swing short position triggered below 21800 as per shooting star formed on 2 Feb came in profit. SL of 22130 is intact. We can now expect more fall in our favor in the coming days. There is a chance of a quick fall below 21660 tomorrow. Last swing high in intraday was 21820 so above 21830 there can be bullish reversal.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 21830 then we will long for the target f 22005 and 22190.
For selling we need a 15 Min candle close below 21660. T- 21465 and 21300.
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.
Bearish Triumph on Thursday: Bulls on Edge as Markets Grapple foThe trading session on Thursday, particularly the Nifty expiry day, unfolded with a distinct dominance of the bears. The day began with both BankNifty and Nifty exhibiting a significant gap-up, rising by almost 40 points. The indices reached notable levels of 46475 and 22087 for BankNifty and Nifty, respectively, establishing a formidable resistance for the day ahead.
The bears took charge during the first half of the trading day, engaging in a fierce battle with the bulls. Despite the bulls' attempts to regain control, BankNifty moved sideways, and eventually, the bears emerged victorious, steering the market in their favor. BankNifty found support at 45053, closing the day at 45279. Similarly, Nifty experienced a support level at 21768 and concluded the session at 21827.
In summary, it was undeniably a day dominated by the bears, instilling a sense of fear among the bulls. The crucial question now revolves around the upcoming Friday session – will the bulls stage a comeback and reclaim control, or will the bears continue their momentum and extend their influence over the market? The uncertainty leaves traders and investors eagerly awaiting the next market moves, as the battle between bulls and bears unfolds in the dynamic landscape of the financial markets.
NIFTY Intraday Trade Setup For 08 Feb 2024NIFTY Intraday Trade Setup For 08 Feb 2024
Bullish-Above 22060
Invalid-Above 22010
T- 22210 22350
Bearish-Below 21850
Invalid- 21900
T- 21689 21487
NIFTY has closed on an absolute flat note today. it opened with 0.5% gap up above our buy level. 10 o'clock range was to be used as per trade setup which broke downside below 21960 and last swing high/sl was 22022. It gave a small move till 21860, so more than 90 points move given as per 10 o'clock range breakout. The intraday momentum has contracted this is probably due to VIX cool off after Budget which was a major event.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 22060. T- 22210 and 22350.
For selling we need a 15 Min candle close below 21850. T- 21689 and 21487.
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 08 Feb 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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