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.
Niftyexpiry
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
Simple Trade Setup | NIFTY | 11-11-2021 [ INTRADAY]NSE:NIFTY
Observations:
1) On daily time frame, it couldn't cross 21DMA and remained below it. But stayed above 10DMA.
It is still between 10DMA and 21 DMA.
Good thing is, it managed to close above 18000 level.
21DMA is placed at 18081.99
10DMA is placed at 17943.44
Please refer below chart : 1 day Time Frame.
2) Also on daily time frame, it is still trading above major support trendline.
Please refer below chart : 1 day Time Frame.
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Trade Setup for Date 11-11-2021:
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 Futures Key levels and Targets 9th Nov 2021Nifty Futures Key levels and Targets 9th Nov 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Expiry Trade Setup | 3rd November 2021Nifty opened with Gap-up and we saw an upmove in the morning but it faced resistance near the 18000 zone which was a psychological level to break and Nifty was trading in a range for the entire day.
Trades we took Today:
> Bought Nifty 17850 CE at 150 which we booked at 135 with 15 points loss
> Bought Nifty 18050 PE at 170 which we booked with 5 points loss at 165
Overall Nifty was in a Narrow Range throughout the day, Not a Good day for Nifty Options Trades.
Expectations for Tomorrow: Range-bound Day, Volatality after 1:00 PM.
Intraday Levels:
Buy Above - 17960
Sell Below - 17850
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Banknifty Intraday Levels Analysis, 28th Oct, Monthly ExpiryHello Traders,
Please trade accordingly the levels marked.
This is not Buy and Sell recommendation to any one.
This is for education purpose and a helping hand to learn trading in Market.
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis and do share with your friends as well.
Nifty Expiry Trade Setup | 28th October 2021Nifty opened flat and after range-bound move until 2:15 it finally broke the range on the downside and we saw 120 points fall very fast.
Trades we took Today:
> Bought Nifty 18250 CE at 105 which made a high at 140 in just 5 mins and Traders booked great profit in this Trade.
> Bought Nifty 18450 PE at 170 which made a high around 199 and Traders booked good profit in this Trade as well.
> Bought Nifty 18450 PE again at 145 and it made a high above 270 and Traders booked great profit in this Trade as well.
Overall, Great Day for Nifty Option Traders.
Expectations for Tomorrow: Range-bound day, Volatality after 1:30 PM.
Intraday Levels:
Buy Above - 18250
Sell Below - 18150
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Banknifty Prediction Intraday Levels Analysis, 21 Oct Weekly ExpHello Traders,
Please trade accordingly the levels marked.
This is not Buy and Sell recommendation to any one.
This is for education purpose and a helping hand to learn trading in Market.
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis and do share with your friends as well.
Nifty Expiry Trade Setup | 21st October 2021Nifty opened flat today near 18450 level and we saw a sell-off in the morning, Nifty took support near 18320 and rebound towards the 18450 zones again but couldn't sustain.
Trades we took Today:
> Bought Nifty 18350 CE at 120 which we booked at 105 with 15 points loss.
> Bought Nifty 18500 PE at 135 which we booked at 115 with 20 points loss.
Overall today was a bad day for Option Buyers.
Tomorrow, we can see a down-move if Nifty breaks and sustains below the 18200 level.
Expectations for Tomorrow: Range-bound day, volatility after 1:00.
Intraday Levels:
Buy Above - 18300
Sell Below - 18200
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Expiry Trade Setup | 14th October 2021Nifty opened with a gap-up today, formed a bullish candle in the first 15 mins and we saw a good up-move in Nifty.
Trades we took Today:
> Bought Nifty 18200 PE at 100 which made a high around 118 and Traders booked good profit in this Trade.
As Nifty opened with a Gap-up we only took one trade today.
For tomorrow, the rally can continue on the upside if the Nifty breaks and sustain above 18200.
Expectations for Tomorrow: Range-bound day, Volatality after 12:30 PM.
Intraday Levels:
Buy Above - 18200
Sell Below - 18100
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Trade Setup for 07 OCT 2021Nifty Trade Setup for 07 OCT 2021
Nifty likely to have a gap up opening.
Nifty formed a descending wider CPR and expected opening will be around the CPR levels.
We have bearish reversal zone inside the CPR around 17720, if this resistance holds good nifty sustains below 17720 we can expect nifty test yesterday low and if that is compromised we can expect even 17500 levels.
In case of opening above CPR or CPR taken on upside and bullish breakout zone of 17795 is sustained then we can expect Nifty to test previous day high.
Nifty Expiry Trade Setup | 7th October 2021Nifty opened with a minor gap-up and mad high in the morning around 17884, around 12:30 PM we saw a sharp sell-off and we took 17950 PE at 12:33 PM.
Trades we took Today:
> Bought Nifty 17750 CE at 130 which we booked at the cost
> Bought Nifty 17700 CE at 128, It made a high around 188 and Traders booked great profit in this Trade
> Bought Nifty 17950 PE at 115, It made a high around 338 and Traders booked great profit in this Trade
Overall, we booked an insane profit today.
For tomorrow, we can see another down-move in Nifty if it breaks the support level of 17580 but we can also see a bounce from this zone so be cautious.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 17700
Sell Below - 17580
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team