Get started

Niftyanalysis

NIFTY Intraday Trade Setup For 12 Sep 2023NIFTY Intraday Trade Setup For 12 Sep 2023 Bullish-Above 20010 Invalid-Below 19960 T- 20131 20250 Bearish-Below 19930 Invalid-Above 19980 T- 19815 19710 NIFTY has closed on a record high today. On Sep 4 EOD we planned our bullish trade when index closed above 19500 in daily TF, confirmation level was 19600.Target was discussed multiple time, a fresh ATH. Now we will simply trail sl and our TSL will be PDL. If a daily candle closes below PDL and that red candle's low is breached then we will exit our longs. Today buy triggered as per trade setup above 19870 and hit our 1st target very smoothly. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 20010 then we will long for the target of 20131 and 20250. For selling we need a 15 Min candle close below 19930. T- 19815 and 19710. 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.
NSE:NIFTY
by Omahto
1
Long Setup in Shobha LTDAn Inverted Head & Shoulder Chart Pattern Breakout happened on the weekly Time frame of NSE:SOBHA Price Action is well supported by the volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list. Initiate the long trade only according to the levels mentioned on the Charts. Stop loss will be on a weekly closing basis. Trend Analysis :- UP Trend Chart Pattern :- Bullish Inverted Head & Shouldeer Chart Pattern Technical Indicator :- Positive MACD Crossover
NSE:SOBHALong
by raigvivek
NIFTY Intraday Trade Setup For 11 Sep 2023NIFTY Intraday Trade Setup For 11 Sep 2023 Bullish-Above 19870 Invalid-Below 19820 T- 19953 20037 Bearish-Below 19790 Invalid-Above 19840 T- 19710 19617 NIFTY has closed on a bullish note last week and day with 1.98% and 0.47% gain respectively. On 4th Sep EOD we discussed about bullish indication when index closed above 19500 in daily TF. Also said that next day closing (19600) on a bullish note will be a confirmation to the bullish view. And the idea worked perfectly where it gave 300+ points move and is approaching a fresh ATH. After that next possibility opens up and future scenarios will be discussed when target is hit. 19870 and 19790 are important levels for Monday's session. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 19870 then we will long for the target of 19953 and 20037. For selling we need a 15 Min candle close below 19790. T- 19710 and 19617. 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.
NSE:NIFTY
by Omahto
2
Simple Trade Setup | NIFTY | 11-09-2023 [INTRADAY]NSE:NIFTY Trade Setup for 11-09-2023 Most of all the levels and zones remains same as per previous. 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.
NSE:NIFTY
by Trading_hawk
2
Nifty 50 Daily Analysis - Day time frameThe Nifty index has found support at the 19500 level and is currently displaying a bullish trend. Based on historical price patterns, resistance levels are observed at 18850 and 20000. The recent combination of trading volume and price movement over the past three sessions suggests the possibility of the Nifty reaching its all-time highs in the next 3-4 trading sessions. However, given the current weakness in the banking sector, there may be some testing of the 20000 level, and the potential for reaching new highs by the beginning of October also depends on favorable global market conditions.
NSE:NIFTYLong
by tradeGambler
NIFTY Intraday Trade Setup For 08 Sep 2023NIFTY Intraday Trade Setup For 08 Sep 2023 Bullish-Above 19740 Invalid-Below 19690 T- 19840 19935 Bearish-Below 19640 Invalid-Above 19690 T- 19525 19415 NIFTY has closed on a bullish note with 0.59% gain. After our positional short trade was cut at cost when it closed above 19500 it was said that now index is bullish. After 19500 was closed in daily TF index has inched higher and is moving towards 20k. Today buy triggered as per trade setup above 19640 and 1st target was hit very smoothly via a short covering move (19640-19737). Tomorrow kindly be strict in trailing positions for both side trades. Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 19740 then we will long for the target of 19840 and 19935. For selling we need a 15 Min candle close below 19640. T- 19525 and 19415. 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.
NSE:NIFTY
by Omahto
NIFTY Intraday Trade Setup For 07 Sep 2023NIFTY Intraday Trade Setup For 07 Sep 2023 Bullish-Above 19640 Invalid-Below 19590 T- 19735 19820 Bearish-Below 19490 Invalid-Above 19540 T- 19398 19305 NIFTY once again closed on a slight positive note with 0.18% gain today. It was updated that NIFTY has closed above 19500 in daily TF after 1 month and called it slight bullish. It is inching higher like a tortoise BTW. While 19500 become again important for a reversal if closed in daily TF. Today buy triggered as per trade setup which hit sl and then sell triggered later it broke previous swing high and reversed. In the weekend analysis it was said that if index regains 19500 then moreover it will be a broader range trading inside 20k and 19200. Tomorrow above 19640 it may fill the gap. Bearish view only below 19490, however I will be looking for a reversal in 5 MIN TF for a short. Coming to Thursday's trade setup, if index opens flat and a 15 min candle closes above 19640 then we will long for the target of 19735 and 19820. For selling we need a 15 Min candle close below 19490. T- 19398 and 19305. 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.
NSE:NIFTY
by Omahto
NIFTY Intraday Trade Setup For 06 Sep 2023NIFTY Intraday Trade Setup For 06 Sep 2023 Bullish-Above 19590 Invalid-Below 19540 T- 19665 19740 Bearish-Below 19520 Invalid-Above 19570 T- 19455 19348 NIFTY has closed with a slight positive gain of 0.24% today. Today buy triggered as per trade setup but lacked momentum and ended with slight gain. NIFTY is slowly and steadily going up but lacking strong momentum. Sell view is closed at cost as per the weekend analysis. 19520 is important level for downside trigger. Above 19590 we will maintain a bullish view if sustained in 15 MIN TF. But be very strict with reversal as it is at mid point in daily range. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 19590 then we will long for the target of 19665 and 19740. For selling we need a 15 Min candle close below 19520. T- 19455 and 19348. 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.
NSE:NIFTY
by Omahto
NIFTY Intraday Trade Setup For 5 Sep 2023NIFTY Intraday Trade Setup For 5 Sep 2023 Bullish-Above 19550 Invalid-Below 19500 T- 19645 19740 Bearish-Below 19490 Invalid-Above 19540 T- 19397 19305 NIFTY has closed on a bullish note with 0.48% gain today. It has regained 19500(CB) after 30 days which is a bullish indication. Tomorrow's closing above 19600 would confirm that. Today it opened with a big gap up and 10 o'clock range was to be used as per analysis. Range broke downside below 19464 and gave 30 points gain which was 1:1. Later buy triggered as per trade setup above 19460 and hit 1st target smoothly (19460-19545). Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle close above 19550 then we will long for the target of 19645 and 19740. For selling we need a 15 min candle close below 19490. T- 19397 and 19305. 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.
NSE:NIFTY
by Omahto
2
NIFTY Intraday Trade Setup For 04 Sep 2023NIFTY Intraday Trade Setup For 04 Sep 2023 Bullish-Above 19460 Invalid-Below 19410 T- 19550 19645 Buy_2- From 19310 Invalid-Below 19260 T- 19390 19460 NIFTY has closed on a slight bullish note last week with 0.88% gain. We have already planned sell from 19560 with last swing high- 19800 as invalidation for the target of 19750 zone. Our continuation level is 19220 which was valid for last weeks too. Now we will close the short @ cost if tested. And later sell will be planned below 19220. Index will remain sideways till 20k is taken out in daily TF. And buy from support and sell from resistance should be the outlook in between especially for intraday. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 19460 then we will long for the target of 19550 and 19645. In case it opens lower than 19458 and 19310 is tested then we will buy from there. T- 19390 and 19460. 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.
NSE:NIFTY
by Omahto
NIFTY Intraday Trade Setup For 1 Sep 2023NIFTY Intraday Trade Setup For 1 Sep 2023 Bullish-Above 19290 Invalid-Below 19240 T- 19371 19455 Bearish-Below 19220 Invalid-Above 19270 T- 19105 19005 NIFTY has closed on a bearish note with 0.48% cut. Yesterday in both the indices I shared a possibility of a pullback today with half bat pattern as there was one leg move. Today it dipped and triggered sell without any pullback due to that it hit sl. Later after a pullback sell triggered again below 19330 and hit 1st target (19225). Tomorrow 19290 and 19220 are important levels for intraday. Also be alert about bullish reversal below 19220 as that's an important support. Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 19290 then we will long for the target of 19371 and 19455. For selling we need a 15 Min candle close below 19220. T- 19105 and 19005. 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.
NSE:NIFTY
by Omahto
2
NIFTY Intraday Trade Setup For 31 Aug 2023NIFTY Intraday Trade Setup For 31 Aug 2023 Sell_1- From 19410 Invalid-Above 19460 T- 19345 18280 Sell_2- Below 19330 Invalid-Above 19380 T- 19230 19105 NIFTY has closed on an absolute flat note today after a roller coaster ride. It opened with a big gap up today and as per our trade setup 10 o'clock range was to be used. Initially 10 o'clock range broke above 19441 and last swing low was 19425, so around 16 points sl was hit. Later range broke downside below 19407 and last swing high was 19431, so with 25 points sl it gave 70 points straight move till gap area. I have been updating that although we have short position from 19560, index will give a straight move below 19220 only. In between it will be sideways. Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes below 19330 then we will short for the target of 19230 and 19105. In case of a gap up 19410 is tested in the first hour then we will plan a short from there. T- 19345 and 19280. 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.
NSE:NIFTY
by Omahto
NIFTY Intraday Trade Setup For 30 Aug 2023NIFTY Intraday Trade Setup For 30 Aug 2023 Bullish-Above 19380 Invalid-Below 19330 T- 19460 19545 Bearish-Below 19300 Invalid-Above 19350 T- 19230 19106 NIFTY has closed with slight gain today. Whole day it was sideways, traded inside previous day's range. In fact it just traded between 70 points range. Nothing triggered as per trade setup today. Till the time it is inside hourly rage of 19500 and 19200 it is going to be sideways. Tomorrow above 19380 if sustained there can be a good up move. Below 19300, the downside move triggers. Also the 19220 is safe in daily TF which is the gateways to further fall in NIFTY. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 19380 then we will long for the target of 19460 and 19545. For selling we need a 15 Min candle closes below 19300. T- 19230 and 19106. 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.
NSE:NIFTY
by Omahto