Nifty Intraday Levels | 20-AUG-2024#Optionbuyers
#Niftyoptionscalping
1️⃣ Zones you always Like:-
👉Green zone- Institutional support
👉Red zone - Institutional resistance
👉Gap between institutional zones is always of 100 points
👉Zone is created with the help of pivot points and Fibonacci
👉Advance version of price action
👉Trades based on Nifty future chart
2️⃣ Trade Execution:-
👉Trade based on order flow data
👉Timeframe - 1 min and 5 min
👉Risk Reward Ratio always 1:2
👉Strike price always ATM & slightly ITM
👉Maintain Position sizing according to your own method
3️⃣ House Rules in trading:-
👉Sharp at 9:15 AM
👉Priority to risk management
👉Fast execution (morning breakfast)
👉Stop-loss 10 points (strictly)
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Niftyanalysis
NIFTY Intraday Trade Setup For 20 Aug 2024NIFTY Intraday Trade Setup For 20 Aug 2024
Bullish-Above 24650
Invalid-Below 24600
T- 24850
Bearish-Below 24510
Invalid-Above 24560
T- 24300
NIFTY has closed almost on a flat note with minor gain of 0.13% today. It opened with a small gap up of 100 points and then it turned sideways for the whole day. Index traded inside 100 points range so today's range will be important to watch out tomorrow on breakout. 24650 and 24510 are levels to watch out tomorrow. Be neutral inside this range and follow non-directional approach.
Coming to Tuesday's trade setup, if index opens flat and a 15 min candle closes above 24650 then we will long for the target of 24850.
For selling we need a 15 Min candle close below 24510. T- 24300.
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 Aug 2024NIFTY Intraday Trade Setup For 19 Aug 2024
Bullish-Above 24570
Invalid-Below 24520
T- 24850
Bearish-Below 24330
Invalid-Above 24380
T- 24100
NIFTY has closed on a slight bullish note with 0.71% gain last week. Index finally gave breakout of 24400 and 24000 daily TF range. Fair chance of both gap filling in daily TF. However recent sentiment was bearish so incase if index closes below 24400 in daily TF then chances of a false breakout will be high. Tomorrow we will plan a bullish trade above 24570 but considerable on a pullback breakout setup. 24330 will be an intra support.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 24570 then we will long for the target of 24850.
For selling we need a 15 Min candle close below 24330. T- 24100.
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 Levels | 16-AUG-2024#Optionbuyers
#Niftyoptionscalping
1️⃣ Zones you always Like:-
👉Green zone- Institutional support
👉Red zone - Institutional resistance
👉Gap between institutional zones is always of 100 points
👉Zone is created with the help of pivot points and Fibonacci
👉Advance version of price action
👉Trades based on Nifty future chart
2️⃣ Trade Execution:-
👉Trade based on order flow data
👉Timeframe - 1 min and 5 min
👉Risk Reward Ratio always 1:2
👉Strike price always ATM & slightly ITM
👉Maintain Position sizing according to your own method
3️⃣ House Rules in trading:-
👉Sharp at 9:15 AM
👉Priority to risk management
👉Fast execution (morning breakfast)
👉Stop-loss 10 points (strictly)
#ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌
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NIFTY Intraday Trade Setup For 16 Aug 2024NIFTY Intraday Trade Setup For 16 Aug 2024
Bullish-Above 24200
Invalid-Below 24150
T- 24400
Bearish-Below 24090
Invalid-Above 24140
T- 23900
NIFTY has closed on a flat note on Wednesday, formed a tiny daily candle of less than 100 points range. Since its a neutral candle we cant be biased. We will simply wait for that 100 points range to broken either side. 24200 and 24090 is the range for Friday. In daily TF NIFTY has maintained range of 24400 and 24000. Next week we may get a breakout.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 24400 then we will long for the target of 24400.
For selling we need a 15 Min candle close below 24090. T- 23900.
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 14 Aug 2024NIFTY Intraday Trade Setup For 14 Aug 2024
Sell_1- From 24340
Invalid-Above 24390
T- 24150
Sell_2-Below 24100
Invalid-Above 24150
T- 23850
NIFTY has closed on a bearish not with 0.85% cut today. It opened flat and 10 o'clock range broke downside below 24350 and fell till 24150. Index is technically sell on rise, but with confirmation of bearish reversal price structure in 5 Min TF in intraday. Tomorrow if there is a gap up then 24340 will be a good resistance and we will plan a short from there. 23850 will be an intraday support and 23500 being hourly support.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes below 24100 then we will long for the target of 23850.
In case of gap up we will short from 24340. T- 24150.
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 12 Aug 2024NIFTY Intraday Trade Setup For 12 Aug 2024
Bullish-Above 24420
Invalid-Below 24370
T- 24640
Bearish-Below 24300
Invalid-Above 34350
T- 24080
NIFTY has closed on with 1.42% cut last week. However it has formed a Pinbar candle in weekly TF which shows that bulls tried gripping once again after sharp drop due to global cues. Above 24420 bulls will try to take take charge however I doubt the momentum in favor. 23900 is an important market structure level in daily TF below which it will confirm a bearish trend in short term. Overall market looks sell on rise. Friday's candle is an indecision candle, high/low being trigger point.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 24420. T- 24640 and 24855.
For selling we need a 15 Min candle close below 24300. T- 24080.
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 Analysis: Potential Bearish Flag Pattern?The recent market activity suggests caution for Nifty as a potential bearish flag pattern might be forming. We've observed a "sell on rise" behavior over the past 3-4 sessions, indicating bearish sentiment. For Nifty to break free from this bearish spell, it needs to sustain above the 24,640 mark.
Key Levels to Watch:
Immediate Support: 23,940
Immediate Resistance: 24,390 and 24,490
Traders should keep an eye on these levels for any breakouts or breakdowns, as they will be crucial in determining the market's next direction. A decisive move above 24,640 could signal a shift in momentum, while failure to hold above this level may reinforce the bearish outlook.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research and consult with a financial advisor before making any trading decisions. Trading in financial markets involves risk, and past performance is not indicative of future results.
NIFTY Intraday Trade Setup For 9 Aug 2024NIFTY Intraday Trade Setup For 9 Aug 2024
Bullish-Above 24390
Invalid-Below 24340
T- 24650
Bearish-Below 23890
Invalid-Above 23940
T- 23515
NIFTY has closed on a bearish note with 0.74% cut. Since last 4 sessions we are stuck inside 500 points range- 24400 and 23900. We will trade directional only when we get this range breakout. It was sideways with huge volatility, mostly sl hunting moves. We will be neutral and wait patiently for breakout. However above 24450 there can trigger for short covering.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 24350 then we will long for the target of 24650.
For selling we need a 15 Min candle close below 23890. T- 23515.
For selling we need a 15 Min candle close below 23890. T- 23515.
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 Levels | 8-AUG-2024#Optionbuyers
#Niftyoptionscalping
1️⃣ Zones you always Like:-
👉Green zone- Institutional support
👉Red zone - Institutional resistance
👉Gap between institutional zones is always of 100 points
👉Zone is created with the help of pivot points and Fibonacci
👉Advance version of price action
👉Trades based on Nifty future chart
2️⃣ Trade Execution:-
👉Trade based on order flow data
👉Timeframe - 1 min and 5 min
👉Risk Reward Ratio always 1:2
👉Strike price always ATM & slightly ITM
👉Maintain Position sizing according to your own method
3️⃣ House Rules in trading:-
👉Sharp at 9:15 AM
👉Priority to risk management
👉Fast execution (morning breakfast)
👉Stop-loss 10 points (strictly)
#ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌
🙏FOLLOW for more !
👍LIKE if useful !
✍️COMMENT Below your view !
NIFTY Intraday Trade Setup For 8 Aug 2024NIFTY Intraday Trade Setup For 8 Aug 2024
Bullish-Above 24390
Invalid-Below 24340
T- 24650
Bearish-Below 24180
Invalid-Above 24230
T- 23900
NIFTY has closed on a positive note with 1.27% gain today. However whole gain is the same points it gaped up. It was sideways within 150 points range in intraday. Today's low is very important as the daily candle is a Pinbar and a double force move can be seen below 24180. In case it opens flat and 24390 is sustained then we will head towards 0.618 zone of the fall we witnessed in last few days.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 24390 then we will long for the target of 24650.
For selling we need a 15 Min candle close below 24180. T- 23900.
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 7 Aug 2024NIFTY Intraday Trade Setup For 7 Aug 2024
Bullish- Above 24400
Invalid-Below 24350
T- 24736
Bearish-Below 23890
Invalid-Above 23940
T- 23515
NIFTY has closed once again on a bearish note with 0.26% cut today. It tested buy/resistance level and got rejected from there, decent sell of from 24380 was seen. Index has closed exactly at 50 EMA in daily TF. Below 23890 index will be fully gripped by bears. And overall sell on rise approach to be maintained. Major weekly level to be approached can be 22800. But for this we need more validation of a bearish price structure in daily TF.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 24400 then we will long for the target of 24736.
For selling we need a 15 Min candle close below 23890. T- 23515.
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 Levels 5-AUG-2024#Optionbuyers
#Niftyoptionscalping
1️⃣ Zones you always Like:-
👉Green zone- Institutional support
👉Red zone - Institutional resistance
👉Gap between institutional zones is always of 100 points
👉Zone is created with the help of pivot points and Fibonacci
👉Advance version of price action
👉Trades based on Nifty future chart
2️⃣ Trade Execution:-
👉Trade based on order flow data
👉Timeframe - 1 min and 5 min
👉Risk Reward Ratio always 1:2
👉Strike price always ATM & slightly ITM
👉Maintain Position sizing according to your own method
3️⃣ House Rules in trading:-
👉Sharp at 9:15 AM
👉Priority to risk management
👉Fast execution (morning breakfast)
👉Stop-loss 10 points (strictly)
#ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌
🙏FOLLOW for more !
👍LIKE if useful !
✍️COMMENT Below your view !
#NIFTY Intraday Support and Resistance Levels -06/08/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 24300 level and then possible upside rally up to 24420 level in today's session. in case nifty trades below 24250 level then the downside target can go up to the 24130 level.
NIFTY Intraday Trade Setup For 6 Aug 2024NIFTY Intraday Trade Setup For 6 Aug 2024
Bullish-Above 24350
Invalid-Below 24300
T- 24700+
Bearish-Below 23890
Invalid-Above 23940
T- 23515
NIFTY has closed on a bold bearish note with 2.68% cut. We discussed in the weekend after 25K was tested that index has formed a short term top. It opened directly with a very big gap down and 10 o'clock range was to be used as per trade setup. Range broke downside below 24190 and gave a good move till 23895, 300 points gain with 100 points risk. Tomorrow below 23890 we will sell again and overall view will be sell on rise. 23500 zone will be a strong support.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 24350 then we will long for the target of 24350.
For selling we need a 15 Min candle close below 23890. T- 23515.
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 Support and Resistance Levels -05/08/2024Nifty will be gap down opening in today's session. After opening nifty start trading Below 24450 level and then possible downside rally up to 24330 in today's session. in case nifty trades Above 24500 level then the upside target can go up to the 24620 level.
NIFTY Intraday Trade Setup For 5 Aug 2024NIFTY Intraday Trade Setup For 5 Aug 2024
Bullish-Above 24860
Invalid-Below 26810
T- 25045
Bearish-Below 24680
Invalid-Above 24730
T- 24457
NIFTY has closed on a slight bearish note with 0.47% cut last week. It tested psychological level of 25K and this is a huge non-stop run since couple of months. Now 25500 to 25k is going to be a supply zone. 25500 is a PRZ level level as per ABCD pattern in monthly TF. However on Friday it opened with a gap down and sustained that which indicates that we have made a short term top here and bearishness likely to continue for some days or weeks. Overall view will be sell on rise.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 24860 then we will long for the target of 25045.
For selling we need a 15 Min candle close below 24680. T- 24457.
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 Levels | 1-AUG-2024#Optionbuyers
#Niftyoptionscalping
1️⃣ Zones you always Like:-
👉Green zone- Institutional support
👉Red zone - Institutional resistance
👉Gap between institutional zones is always of 100 points
👉Zone is created with the help of pivot points and Fibonacci
👉Advance version of price action
👉Trades based on Nifty future chart
2️⃣ Trade Execution:-
👉Trade based on order flow data
👉Timeframe - 1 min and 5 min
👉Risk Reward Ratio always 1:2
👉Strike price always ATM & slightly ITM
👉Maintain Position sizing according to your own method
3️⃣ House Rules in trading:-
👉Sharp at 9:15 AM
👉Priority to risk management
👉Fast execution (morning breakfast)
👉Stop-loss 10 points (strictly)
#ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌
🙏FOLLOW for more !
👍LIKE if useful !
✍️COMMENT Below your view !
NIFTY Intraday Trade Setup For 31 Jul 2024NIFTY Intraday Trade Setup For 31 Jul 2024
Bullish-Above 25000
Invalid-Below 24950
T- 25250
Bearish-below 24770
Invalid-Above 24820
T- 24535
NIFTY has closed once again on an absolute flat note today. Nothing triggered as per trade setup so there is nothing new to discuss, setup is same like yesterday. BTW it has formed a shooting star candle in daily TF also being an inside candle. Below 24770 there can be good selling pressure. Above 25k there is a fair chance of a strong bullish momentum. Inside this range we will maintain a non directional approach.
Coming to Wednesday's trade setup, if index opens flat and a 15 min candle closes above 25k then we will long for the target of 25250.
For selling we need a 15 Min candle close below 24770. T- 24535.
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 Levels | 30-JULY-2024#Optionbuyers
#Niftyoptionscalping
1️⃣ Zones you always Like:-
👉Green zone- Institutional support
👉Red zone - Institutional resistance
👉Gap between institutional zones is always of 100 points
👉Zone is created with the help of pivot points and Fibonacci
👉Advance version of price action
👉Trades based on Nifty future chart
2️⃣ Trade Execution:-
👉Trade based on order flow data
👉Timeframe - 1 min and 5 min
👉Risk Reward Ratio always 1:2
👉Strike price always ATM & slightly ITM
👉Maintain Position sizing according to your own method
3️⃣ House Rules in trading:-
👉Sharp at 9:15 AM
👉Priority to risk management
👉Fast execution (morning breakfast)
👉Stop-loss 10 points (strictly)
#ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌
🙏FOLLOW for more !
👍LIKE if useful !
✍️COMMENT Below your view !
NIFTY Intraday Trade Setup For 30 Jul 2024NIFTY Intraday Trade Setup For 30 Jul 2024
Bullish-Above 25000
Invalid- Below 24950
T- 25250
Bearish-Below 24770
Invalid-Above 24820
T- 24535
NIFTY has closed on an absolute flat note after 2 way moves in intraday. It has formed a spinning top candle in daily TF exactly at 25K zone. This indicates a potential halt or reversal. Below 24770 index may reverse in short term however a closing in daily TF will confirm this. Also final confirmation of reversal will be when NIFTY will make a bearish price action in daily TF. 25k and 24770 are intraday levels for tomorrow.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 25k then we will long for the target of 25250.
For selling we need a 15 Min candle close below 24770. T- 24535.
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 Levels | 29-JULY-2024#Optionbuyers
#Niftyoptionscalping
1️⃣ Zones you always Like:-
👉Green zone- Institutional support
👉Red zone - Institutional resistance
👉Gap between institutional zones is always of 100 points
👉Zone is created with the help of pivot points and Fibonacci
👉Advance version of price action
👉Trades based on Nifty future chart
2️⃣ Trade Execution:-
👉Trade based on order flow data
👉Timeframe - 1 min and 5 min
👉Risk Reward Ratio always 1:2
👉Strike price always ATM & slightly ITM
👉Maintain Position sizing according to your own method
3️⃣ House Rules in trading:-
👉Sharp at 9:15 AM
👉Priority to risk management
👉Fast execution (morning breakfast)
👉Stop-loss 10 points (strictly)
#ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌
🙏FOLLOW for more !
👍LIKE if useful !
✍️COMMENT Below your view !