Nifty - View & Intraday Levels for - 19 Jan 2023(Expiry Special)Nifty View and Support & Resistance Levels for Tomorrow..
Expectation : BULLISH / Positive Sentiment - Flat / small Gap Up Open around 18150 and we can see pull back to CPR 18127 then Rally up to 18250. In between we have resistance where Nifty will take a pause and consolidate for some time. Being expiry Premium decay will be high. So dont rush to take entry.
Tomorrow we can expect BULLISH move in the first half and fall during 2nd Half. My plan is going short after 1:30 Pm
However I still see Negative sentiment in Nifty , so once 18250 is tested probably reversal can be seen since the Major trend is BEARISH until Nifty closes Strongly above 18270.
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Niftyexpiry
Nifty - View & Intraday Levels for - 12 Jan 2023Nifty View and Support & Resistance Levels for Tomorrow..
Expectation : BEARISH / Negative Sentiment - Flat Open around 17900 and BEARISH Reversal expected from 17930 / 17970 levels. Being Expiry tomorrow more volatility is expected on either side.
I still see Negative sentiment in Nifty , so only SELL on raise mode tomorrow since the Major trend is BEARISH .
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Nifty-05/01/2023-LevelsHello Traders, Welcome to SriTrader5121
____________________________________
Nifty-05/01/2023-Levels
IMPORTENT ZONE FOR THE DAY : 18084 - 18088
Possibilities of Today market open...
Possibility 1: FLAT
If market open as a FLAT and moves to UP-SIDE then BUY with the Support of D_S and SELL with the Rejection of D_S.
(or)
If market open as a FLAT and moves to DOWN-Side then BUY with the Support of PDL and SELL with the Rejection of PDL.
Possibility 2: GAP-UP
If market open as a GAP-UP and moves to UP-Side then BUY with the Support of D_S and SELL with the Rejection of D_S.
(or)
If market open as a GAP-UP and moves to DOWN-Side then BUY with the Support of PDL and SELL with the Rejection of PDL.
Possibility 3: GAP-DOWN
If market open as a GAP-DOWN and moves to UP-Side then BUY with the Support of PDL and SELL with the Rejection of PDL.
(or)
If market open as a GAP-DOWN and moves to DOWN-Side then BUY with the Support of S and SELL with the Rejection of S.
_______________________
Happy Learning and Trading
Rules to fallow...
1) Trade with Strict Stop Loss.
2) Trade with Small Quantity.
3) Take entries based on Support & Resistance Levels.
Please take the trade according to the levels marked, with Risk-Reward.
This is not a Buy or Sell recommendation to anyone.
Take entries after your own analysis.
This is for education purpose and a helping hand to learn trading in market.
NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level.
I hope you all like my analysis. Follow me to get regular updates.
Please do share your thoughts in comment section.
Please Hit a LIKE , it motivates me to do analysis and do share with your trading friends.
SHORT FORM &FULL FORM
-------------------------------
0.5-> 0.5% Swing
PDH-> Previous Day High
PDL-> Previous Day Low
PDC-> Previous Day Close
PDO-> Previous Day Open
PWH-> Previous Week High
PWO-> Previous Week Open
PWC-> Previous Week Close
PWL-> Previous Week Low
D_S-> Day Support
D_R-> Day Resistance
W_S-> Week Support
W_R-> Week Resistance
W_O-> Week Open
W_C-> Week Close
LW_O-> Last Week Open
LW_C-> Last Week Close
IMP -> Important
R@1, R@2,R@3... ->Resistance-Zones
S@1, S@2,S@3... ->Support-Zones
MS -> Major Support
SH -> Swing-High
SL -> Swing-Low
DT -> Double Top
DB -> Double Bottom
TT -> Triple Top
TB -> Triple Bottom
TF -> Time Frame
BO -> Break-Out
RR -> Risk-Reward
SL -> Stop-Loss
GAP -> The area b/w Previous Day Close and Today Open
Blue Color Text(S@*,R@*)-> Act as Major Support or Resistance-Zones(Be Alert, Chances to Market take Reversals )
Nifty - View & Intraday Levels for - 05 Jan 2023Nifty View and Support & Resistance Levels for Tomorrow..
Expectation : BEARISH / Negative Sentiment - Flat / Small Gap up Open from Close and BEARISH Reversal from CPR 18102.
Currently Nifty is trading below monthly CPR and there was strong rejection today which indicates the BEARISH move in the upcoming days.
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Nifty - View & Intraday Levels for - 29 Dec 2022Nifty View and Support & Resistance Levels for Tomorrow..
Expectation : BIG Gap Up Open - Short Covering Fall / Sideways
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Simple Trade Setup | NIFTY | EXPIRY [22-12-2022 INTRADAY]NSE:NIFTY
Trade Setup for 22-12-2022
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 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 50 ANALYSIS FOR 15 DEC 2022 TARGET HIT!!TARGET HIT!!!
(Nifty 50 has formed bearish spinning top candle on daily time frame.
further in 15 mins time frame we can see that 18650 is an important support level for nifty .
if nifty breaks the previous day low that is 18630 initiate short position with target of 18550-18500
also see global markets nifty may open in gap up and come into selling pressure in the second.
take your trades based on the given levels.
if nifty opens gap up and breaks 18700 then buying can be seen if side ways no trade if it breaks 18630 short...)
NIFTY 50 ANALYSIS for 15 Dec 2022 (Short opportunity)Nifty 50 has formed bearish spinning top candle on daily time frame.
further in 15 mins time frame we can see that 18650 is an important support level for nifty.
if nifty breaks the previous day low that is 18630 initiate short position with target of 18550-18500
also see global markets nifty may open in gap up and come into selling pressure in the second.
take your trades based on the given levels.
if nifty opens gap up and breaks 18700 then buying can be seen if side ways no trade if it breaks 18630 short...
Nifty - View & Intraday Levels for - 15 Dec 2022Nifty View and Support & Resistance Levels for Tomorrow..
Expectation : BEARISH / Negative Sentiment = Strong BEARISH
Nifty is showing weakness and being expiry we can expect good fall until Nifty closes 18680.
Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support.
For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Nifty intraday levels for 15.12.2022Resistance level:18695
Support level : 18622.45
****Fib Retracement levels will act as the support or resistance****
If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart
If candles are sustaining between resistance and support levels, consider as neutral
If candles are consolidating in buy zone or sell zone, wait for the breakout
If candles are sustaining or break below support level , we can expect downside move and the targets will be fib retracement levels as per chart.
If gap up or gap down opening, fib retracement levels will act as the support or resistance
*** For quick scalping use 5-minute time frame*****
Note: Pls check my previous day ideas for better understanding & how it works
Please let me know in comment section if you have any queries and like the idea If you agree with the analysis.
Disclaimer:
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research
Nifty-03/11/2022-LevelsHello Traders, Welcome to SriTrader5121
____________________________________
Nifty-03/11/2022-Levels
IMPORTENT ZONE FOR THE DAY : 17950 - 18000
Possibilities of Today market open...
Possibility 3: GAP-DOWN
Most of the Global markets are closed in RED, so our markets also open in red with average 150 points in #nifty and 300 points in #banknifty.
If market open as a GAP-DOWN and moves to UP-Side then BUY with the Support of PDL and SELL with the Rejection of PDL.
(or)
If market open as a GAP-DOWN and moves to DOWN-Side then BUY with the Support of PWH and SELL with the Rejection of S@1.
_______________________
Happy Learning and Trading
Rules to fallow...
1) Trade with Strict Stop Loss.
2) Trade with Small Quantity.
3) Take entries based on Support & Resistance Levels.
Please take the trade according to the levels marked, with Risk-Reward.
This is not a Buy or Sell recommendation to anyone.
Take entries after your own analysis.
This is for education purpose and a helping hand to learn trading in market.
NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level.
I hope you all like my analysis. Follow me to get regular updates.
Please do share your thoughts in comment section.
Please Hit a LIKE , it motivates me to do analysis and do share with your trading friends.
SHORT FORM &FULL FORM
-------------------------------
0.5-> 0.5% Swing
PDH-> Previous Day High
PDL-> Previous Day Low
PDC-> Previous Day Close
PDO-> Previous Day Open
PWH-> Previous Week High
PWO-> Previous Week Open
PWC-> Previous Week Close
PWL-> Previous Week Low
D_S-> Day Support
D_R-> Day Resistance
W_S-> Week Support
W_R-> Week Resistance
W_O-> Week Open
W_C-> Week Close
LW_O-> Last Week Open
LW_C-> Last Week Close
IMP -> Important
R@1, R@2,R@3... ->Resistance-Zones
S@1, S@2,S@3... ->Support-Zones
MS -> Major Support
SH -> Swing-High
SL -> Swing-Low
DT -> Double Top
DB -> Double Bottom
TT -> Triple Top
TB -> Triple Bottom
TF -> Time Frame
BO -> Break-Out
RR -> Risk-Reward
SL -> Stop-Loss
GAP -> The area b/w Previous Day Close and Today Open
Blue Color Text(S@*,R@*)-> Act as Major Support or Resistance-Zones(Be Alert, Chances to Market take Reversals )
Nifty & Bank Nifty Expiry Plan & Levels To WatchNifty / Bank Nifty both appear to be in a long term uptrend but sideways the whole week.
We have to wait for a break for the range developed this week before selling calls/puts.
Important levels and trading plan is discussed in detail in the video.
Like if you found the video helpful.
Cheers
Nifty - Intraday Levels for 27 Oct 2022Nifty Intraday levels for Tomorrow..
Expectation : Gap Up Open - Any breakout above 17770 BULLISH trend we can expect, otherwise its BEARISH
Nifty likely to Open Gap Up around 17750 resistance zone, if sustains above 17770 we can expect Up move and possibly Target 1 will be tested. If any rejection around 17770 level we can see down move probably previous day low will tested. Expiry close can be around 17700 level.
Support and Resistance Zones - When price breaks the zone, Support zone will become Resistance and Resistance zone will become Support.
For quick scalping, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Simple Trade Setup | NIFTY | 13/10/2022 [INTRADAY]NSE:NIFTY
Trade Setup for 13-10-2022
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 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 | 06-10-2022 [INTRADAY]NSE:NIFTY
Trade Setup for 06-10-2022
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 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 - View & Intraday Levels for 08 Sep 2022Nifty Levels for Tomorrow..
Expectation : BULLISH Reversal
Entry Levels are,
Gap up Open - Buy at PDH.
Gap down Open - 17586 CPR level
Flat Open - 17586 CPR level
If 17579 compromised, we can see BEARISH move in Nifty
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Simple Trade Setup |NIFTY| 08-09-2022 [INTRADAY -EXPIRY LEVELS]NSE:NIFTY
Trade Setup for 08-09-2022
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 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.
NSE:NIFTY Analysis/Prediction for tomorrow expiry 25-08-2022NSE:NIFTY Analysis/Prediction for tomorrow expiry
for flat & Gap-Down opening
🟢 Buy CE above 17630
✔️ Target Should be 17730, 17840
🔴 Buy PE below 17525
✔️ Target Should be 17400, 17215
for Gap-UP opening
🟢 Buy CE near 17620
✔️ Target Should be 17730, 17840
🔴 Buy PE below 17600
✔️ Target Should be 17520, 17410
Important Notes:
🚨 Gap-UP & Gap-Down more than 100 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 60 points wait for a pullback.
⚠️ Wait for the 5-minute candle to close for confirmation.
⚠️ Trade Like Either SL or Target.
⚠️ Important: Always maintain your Risk & Reward Ratio.
Disclaimer:
I am not SEBI Registered Advisor.
My posts are purely for training and educational purposes.
Simple Trade Setup | NIFTY | 25/08/2022 [INTRADAY]NSE:NIFTY
Trade Setup for 25-08-2022
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 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.