Nifty opened with a Gap-up around 18170 and after consolidation for some time, it broke 18200 on the upside. It was a range-bound day so not much opportunity for Option Buyers. Trades we took Today: > Bought Nifty 17950 CE at 220 which went above our last Target 265 and Traders booked great profit in this Trade > Bought Nifty 18000 CE at 190 which went above our...
NSE:NIFTY Trade Setup for 13-01-2022 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...
Understanding trades of Nifty future for 13.01.2022 (Thursday).
Understanding trades of nifty future for 06.01.2022 (Thursday)
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...
Understanding trades of nifty future for 30.12.2021 (Thursday)
NIFTY 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...
Understanding trends through support and resistances.
Understanding trades of nifty future for 23.12.2021 (Thursday).
NIFTY 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...
Understanding trades through support and resistances.
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. ------------------------------------- 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...
NIFTY 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...
Nifty 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 >...
Understanding trades of nifty future for 09.12.2021 (Thursday)
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...
Understanding trades of nifty future for 02.12.2021 (Thursday)
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...