Black FridayUp to 80% OFF

Niftyanalysis

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.
NSE:NIFTY
by Omahto
NIFTY Intraday Trade Setup For 03 Oct 2023NIFTY Intraday Trade Setup For 03 Oct 2023 Bullish-Above 19730 Invalid-Below 19680 T- 19830 19930 Bearish-Below 19615 Invalid-Above 19665 T- 19540 19450 NIFTY has closed almost on a flat note last week with a minor cut, overall consolidated. A sideways momentum is common after a parabolic move which was discussed last week itself. Now we can expect directional move on break of the consolidated zone. 19490 is the key level for a downside move. 28 Sep high is very important for a bullish trigger as its was a major seller's candle. So 19490 and 19800 is the range to look for breakout for the next directional move. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 19730 then we will long for the target of 19830 and 19930. For selling we need a 15 Min candle close below 19615. T- 19540 and 19450 below 19530. 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 29 Sep 2023NIFTY Intraday Trade Setup For 29 Sep 2023 Sell_1- From 19660 Invalid-Above 19710 T- 19575 19500 Sell_2-Below 19490 Invalid-Above 19540 T- 19395 19300 NIFTY has closed on a complete bearish note with 0.98 % cut. Sell triggered as per trade setup below 19660 and what a day it was. It gave a non-stop move till 19493, giving us more than 160 points gain. Tomorrow once again bearish sentiment likely to continue below today's low. In case of a gap up 19660 zone will be a good place to short. Bullish view only incase 10 o'clock range suggests. Today's high is very important in hourly TF. No bullish/reversal view till this is safe. Coming to Friday's trade setup, if index opens flat and a 15 min candle closes below 19490 then we will long for the target of 19395 and 19300. In case of a gap up, we will short from 19660 zone. T- 19575 and 19500. 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 28 Sep 2023NIFTY Intraday Trade Setup For 28 Sep 2023 Buy-Above 19735 Invalid-Below 19685 T- 19840 19930 Bearish-Below 19660 Bearish-Above 19710 T- 19560 19420 NIFTY has closed on a slight bullish note with 0.26% today. The weekly support discussed in the weekend outlook was 19550-19600. Today it tested 19550 and a sharp recovery was seen till 19730. Now it is ready for a pullback bounce till 20k zone. Now 19550 is the gateway for the next round of selling, a very strong support in daily TF. Tomorrow on a flat opening above today's high it will be once again bullish. 19660 is 0.382 , a strong support zone. Below this there can be a selling pressure. Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 19735 then we will long for the target of 19840 and 19930. For selling we need a 15 Min candle close below 19660. T- 19560 and 19420 below 19550. 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 27 Sep 2023NIFTY Intraday Trade Setup For 27 Sep 2023 Bullish-Above 19735 Invalid-Below 19685 T- 19840 19920 Bearish-Below 19600 Invalid-Above 19650 T- 19510 19420 NIFTY has closed flat once again for the two consecutive days. In the weekend analysis it was discussed that index can create a base and probability of a pullback is high. Also it was discussed that it can turn sideways after a parabolic move. So is happening, it just traded between 60 points range for the whole day today. This sideways momentum is likely to continue for some more days after a complete parabolic (down)move. Nothing triggered as per trade setup. Tomorrow be alert with today's high and low for a direction however 19740 and 19600 is the broader range. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 19735 then we will long for the target of 19840 and 19920. For selling we need a 15 Min candle close below 19600. T- 19510 and 19420. 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 26 Sep 2023NIFTY Intraday Trade Setup For 26 Sep 2023 Bullish-Above 19735 Invalid-Below 19685 T- 19840 19920 Bearish-Below 19600 Invalid-Above 19650 T- 19510 19420 NIFTY has closed on a an absolute flat note today. In the weekend it was explained that index will give a pullback/bounce from 0.618 and 50 EMA in daily TF which is placed near 19550-600 zone. It exactly reversed from 19600 and made a high of 19734. It has formed a doji candle in daily TF exactly at 0.618. Now tomorrow's closing will be important to watch, high and low will be trigger for a direction either side. 19920 and 19420 are important resistance and support respectively for tomorrow's session. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 19735 then we will long for the target of 19840 and 19920. For selling we need a 15 Min candle close below 19600. T- 19510 and 19420. 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 WEEKLY VIEW | 25TH - 29TH SEPNifty trend is down and more weakness expected if Nifty sustains below 19590. On the other side, if Nifty sustains above 19790 upper levels are expected in next week. Trade cautiously as it's a monthly expiry and highly volatile moves can be seen. Buy Above - 19790 Targets - 19850, 19910, 19970 Sell Below - 19590 Targets - 19530, 19470, 19410 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:NIFTY
by InvestPro_India
NIFTY Weekly Outlook | Intraday Trade Setup For 25 Sep 2023NIFTY Intraday Trade Setup For 25 Sep 2023 Bullish-Above 19725 Invalid-Below 19675 T- 19810 19915 Bearish-Below 19650 Invalid-Above 19700 T- 19550 19445 NIFTY has closed on a full bearish note last week with 2.57% cut, wiped 50% gain of Sep month. For the next week 19550-19600 will act as support zone as 50 EMA and 0.618 both lies near that zone (Daily TF). After a probable pullback from this support zone if it makes a bearish price structure in daily TF, we will plan our positional short trade. Probable pullback can come till 0.382 and then 0.618 from ATH to the bottom that will be created. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes below 19650 then we will short. T- 19550-70 and 19445. For buying we need a 15 Min candle close above 19725. After a rejection/pullback this will be considered. T- 19810 and 19915. 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 22 Sep 2023NIFTY Intraday Trade Setup For 22 Sep 2023 Bullish-Above 19790 Invalid-Below 19740 T- 19915 20010 Bearish-Below 19700 Invalid-Above 19750 T- 19595 19490 NIFTY has closed on bearish note with 0.8% cut today. It opened with a slight gap down directly below our sell level. 10 o'clock range was to be used as per our trade setup. Range broke downside below 19763 and last swing high was near 19793. With 30 points risk it gave 50+ Points gain till 19710. Yesterday it was discussed that there is a chance of recover but for that it has to trigger our buy level. So the condition is for tomorrow. In case of a gap up 19900-20 will act as resistance . Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 19790 then we will long for the target for 19915-20 and above this 20010. For selling we need a 15 Min candle close below 19700. T- 19595 and 19490. 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 21 Sep 2023NIFTY Intraday Trade Setup For 21 Sep 2023 Bullish-Above 19970 Invalid-Below 19920 T- 20050 Bearish-Below 19870 Invalid-Above 19920 T- 19790 19685 NIFTY has closed on a bearish sentiment with more than 1% cut today. It opened with a big gap down and as per our trade setup 10 o'clock range was to be used. Range broke downside below 19968 and last swing high was 20018. With 50 points risk/sl it gave around 90 points gain till 19879. Tomorrow chances of recovery is high so if it sustains above 19950 take 19770 as confirmation for a full recovery. 20055 and 19685 are important resistance and support respectively for tomorrow's session. Coming to Thursday's trade setup, if index opens flat and and 15 Min candle closes above 19970 then we will long for the target of 20055. For selling we need a 15 min candle close below 19870. T- 19790 and 19685. 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
NIFTY Intraday Trade Setup For 20 Sep 2023NIFTY Intraday Trade Setup For 20 Sep 2023 Bullish-Above 20170 Invalid-Below 20120 T- 20240 20315 Bearish-Below 20110 Invalid-Above 20160 T-20015 19910 NIFTY has closed with 0.29% cut today. It was moreover sideways and zoned. Nothing triggered as per trade setup today, post 3PM at the time closing sell was triggered which is void. Tomorrow on flat opening below 20110 if sustained properly then we will test 20015 zone in intraday. For any bullish move it has to sustain itself above the plotted trendline, level was above 20170. 20k zone can be a good psychological support. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 20170. T- 20240 and 20315. For selling we need a 15 Min candle close below 20110. T- 20015 and 19910. 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