Niftyexpiry
Simple Trade Setup | NIFTY | 30-12-2021 [ INTRADAY ]NSE:NIFTY
there is nothing much change as it has been in range since last 3 days. All the levels and trade setup remains same as per previous.
Trade Setup for Date: 30-12-2021
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.
NIFTY Intraday Trade Setup 30 Dec 2021NIFTY Intraday Trade Setup 30 Dec 2021
Buy-Above 17300
Sl- 17250
T-17380
Sell-Below 17150
Sl-17200
T-17084 17025
This was another day of consolidation with dry volumes. We planned to buy above 17250 yesterday it gave almost 1:1 and fell sharply from high. Tomorrow we are going to buy only and only above 17300. We need 15 Min candle close above 17300 to initiate our buy trade.
While our short will be triggered below yesterday's low , sell level is same-17150. Also tomorrow is Monthly Expiry so we will trade very carefully. Volatility will be there.
NIFTY Intraday Trade Setup For 23 Dec 2021NIFTY Intraday Trade Setup For 23 Dec 2021
Buy-Above 17000
Sl-16960
T-17050 17123 17185
Sell-Below 16850
Sl-16890
T-16800 16750 16700
NIFTY has broke the 2 day's range upside in the last hour of today's trading session. Closing is in positive not. Aggressive buy will be above today's high. Just we need confirmation above 17000 as it is a resistance. Above this Index will head towards 17180. This will be a short covering move.
Incase it fails to sustain above 17000 and forms a negative candle then short below that candle.
For selling 16800 is the level below which we get a downside move.
Simple Trade Setup | NIFTY | 16-12-2021 [ INTRADAY ] NSE:NIFTY
Observations:
1) On 15min time frame, we can see resistance trendline, if it sustain above it then we can see up-move.
Please refer below chart : 15min Time Frame.
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Trade Setup for Date: 16-12-2021
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.N
NIFTY Trade Setup For 16 Dec 2021NIFTY Trade Setup For 16 Dec 2021
Buy-Above 17380
Sl-17350
T-17450 17500
Sell-Below 17190
Sl-17230
T-17100 17050 17000
Nifty has once again consolidated between 17400 and 17200. The best trade for tomorrow is that we will sell below 17190. In buying there are multiple resistance placed.
17000 has the highest OI. Also nifty is following a channel pattern in hourly timeframe. The trendline is marked in the blue. Our target would be that trendline for short.
Nifty Expiry Trade Setup | 9th December 2021Nifty opened with Gap-up above 17300 and we saw slow and upside movement throughout the day.
Trades we took Today:
> Bought Nifty 17300 CE at 120 which we made a high above 170 and Traders booked great profit in this Trade
> Bought Nifty 17300 CE again at 150 which we booked with 30 points loss
> Bought Nifty 17400 PE at 85 which we booked with 15 points loss
> Bought Nifty 17300 CE 16th Dec at 245 which made a high around 280 but we booked early due to choppy movement
Overall, it was an average day for Nifty Option Buyers.
Tomorrow if Nifty sustains above 17500, we can see another upside movement towards 17580-17600 levels but that is a strong resistance zone and we saw rejection multiple times so be cautious.
Expectations for Tomorrow: Range-bound Day, Volatality after 1:30 PM.
Intraday Levels:
Buy Above - 17500
Sell Below - 17390
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Simple Trade Setup | NIFTY | 09-12-2021 [ INTRADAY]NSE:NIFTY
Observations:
1) On 1day time frame,Today, it trade above 10DMA.
But still trading below 21DMA.
10DMA is support now and 21DMA will be immdiate resistance now.
10DMA is placed at 17192.38. Hence we can say that 17190-17200 is major support now.
21DMA is placed at 17527.08 level. Hence we can say that 17520-17530 is resistance.
Please refer below chart : 1 day Time Frame.
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Today it couldn't give much move above our ultimate level of 17460 as per our previous tradesetup but it was able to close above it.
17460 is immediate support now.
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Trade Setup for Date: 09-12-2021
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.
Simple Trade Setup | NIFTY | 02-12-2021 [ INTRADAY]NSE:NIFTY
Trade Setup for Date: 02-12-2021
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.
NIFTY Intraday Trade Setup For 02 Dec 2021NIFTY Intraday Trade Setup For 02 Dec 2021
Buy-Above 17220
Sl-17180
T- 17300 17361
Sell-Below 17060
Sl-17090
T-17000 17930
Nifty has traded in a complete range. Tomorrow's trade will be based on this range breakout/breakdown.
17300-17360 will act as an supply zone consider booking profits there.
And also we will look for selling opportunity in that zone.
17000 will act as an support.
Nifty Expiry Trade Setup | 25th November 2021Nifty opened with a gap-down around our Buying level of 17550 and we saw an upmove through Banks were strong and took Nifty up. In the second half, we saw selling, and once Nifty broke psychological level 17500 the momentum got increased.
Trades we took Today:
> Bought Nifty 17400 CE at 160 which made a high around 220 and Traders booked great profit in this Trade
> Bought Nifty 17400 CE 2ND Dec at 235 which we booked with 25 points profit due to slow movement
> Bought Nifty 17500 CE 2ND Dec at 175 which we booked with 25 points profit
> Bought Nifty 17500 CE Dec Expiry 345 which we booked with 20 points loss and changed the position
> Bought Nifty 17600 PE Dec Expiry 320 which made a high at 415, we booked some at 380-400 and carried some position
Overall Great Day for Nifty Option Buyers.
Tomorrow, we can see another down move if Nifty sustains above 17350 but Trade with caution as we can see high volatility due to weekly and monthly expiry.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 17450
Sell Below - 17350
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Trade Plan for 18 NOV 2021Nifty Trade Plan for 18 NOV 2021
Expecting Nifty to open flat to small gap down today.
Nifty had taken good support at previous virgin CPR levels,if that is compromised we can expect Nifty to test out 17800 levels once and find reversals from there.
In case if we find some support around 17800-17840 levels we can expect Nifty to again test out CPR levels so we can have a long opportunity.
In case of CPR taken on the upside, yesterday CPR will act as a resistance.
Expecting Nifty to be in a range bound today being expiry.
Simple Trade Setup | NIFTY | 18-11-2021 [ INTRADAY] NSE:NIFTY
Observations:
1) On 1day time frame, it closed just above 50DMA.
50DMA is placed at 17842.59.
If it goes down till 50DMA and takes support from it then we can see a bounce from it.
If it fails to hold above 50DMA then it will be bearish.
Please refer below chart : 1 day Time Frame.
2) On 1hr time frame, we can see that it is at the bottom of the parallel channel.
Please refer below chart : 1 hr Time Frame.
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Trade Setup for Date: 18-11-2021
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.
Nifty Expiry Trade Setup | 11th November 2021Nifty opened with Gap-down below our Sell level of 17980 and we saw a further fall of around 50 points in the morning. Nifty took support near its support zone of 17900 and we saw a good recovery from morning lows.
Trades we took Today:
> Bought Nifty 17850 CE at 135 which we booked with 15 points profit
> Bought Nifty 18050 PE at 120 which made a high around 140 and Traders booked good profit in this Trade
We took only 2 trades in Nifty as BankNifty gave great opportunity and booked profit in 5 Options Trades.
Tomorrow, if Nifty breaks 17980 on the downside we again can see a fall towards the 17900-17920 zone.
Expectations for Tomorrow: Range-bound Day, Volatality after 1:30 PM.
Intraday Levels:
Buy Above - 18050
Sell Below - 17980
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team