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
Niftyexpiry
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.
NiftyFuture Key Trading Levels for 16th Aug 2022NiftyFuture Key Trading Levels for 16th Aug 2022.
BankNifty Future Key Trading Levels for 16th Aug 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
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-11/08/2022-#EOD-ReportHello Traders,
+++++++++++
#Nifty-11/08/2022-#EOD-Report
--------------------------------------------------
#Nifty Opened as a Big Gap-Up, above our R@2-Zone. Market was rejected at R@2-Zone then went near to R@1-Zone.
-> 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, and do SHARE with your trading friends.
#Nifty-11/08/2022-LevelsHello Traders,
+++++++++++
#Nifty-11/08/2022-Levels
-------------------------------------
If Market Opens as a-
GAP-UP: Support of PDH (BUY) – Rejection of PDH (SELL)
FLAT: Support of PDH (BUY) – Rejection of PWH (SELL)
GAP-DOWN: Support of PDL (BUY) – Rejection of PDL (SELL)
_______________________
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
-------------------------------
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
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 )
Simple Trade Setup | NIFTY | 04-08-2022 [INTRADAY] NSE:NIFTY
Trade Setup for 04-08-2022
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.
Nifty Trade Setup for 13 JUL 2022Nifty Trade Setup for 13 JUL 2022
Nifty is bearishly aligned for the day and at this point of time is expected to open with a gap up around Bearish Reversal Zone.
Any rejection trigger from Bearish Reversal & compromise of CPR we can expect Nifty to test the Bullish reversal zone & S1 & may be lower targets as marked.
Any Rejection from R1 on opening we can again expecting to CPR & then lower targets.
R1 is a strong resistance for Nifty and a break out above that we expect yesterday's Virgin CPR levels to be tested out.
Nifty Analysis/Prediction for tomorrow's expiry 07-07-2022NSE:NIFTY Analysis/Prediction for tomorrow's expiry 07-07-2022
If market opens between 15920-16030 wait for the breakout
🟢 Upside target should be 16300
🔴 Downside target should be 15660
if market opens beyond 15920-16030 wait for price action and trade with direction.
Note:
Wait for the 5-minute candle to close for confirmation.
If market opens with big gap, always wait for price action.
#Nifty-30/06/2022-LevelsHello Traders,
+++++++++++
#Nifty-30/06/2022-Levels
-------------------------------------
If Market Opens as a-
GAP-UP: Support of PDH (BUY) – Rejection of PDH (SELL)
FLAT: Support of PDH (BUY) – Rejection of PDL (SELL)
GAP-DOWN: Support of PDL (BUY) – Rejection of PDL (SELL)
_______________________
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
-------------------------------
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
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 )
Simple Trade Setup | NIFTY | 30-06-2022 [INTRADAY] NSE:NIFTY
Trade Setup for 30-06-2022
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 Analysis/Prediction for tomorrow expiry 23-06-2022NSE:NIFTY Analysis/Prediction for tomorrow
For Flat/Gap-UP Opening
🟢 Buy CE above 15520
🏆 Target will be 15614
🔴 Buy PE below 15380
🏆 Target will be 15190
For Gap-Down Opening
🟢 Avoid CE (Buy only if mkt breaks range after 12pm)
🔴 Buy PE Near 15400
🏆 Target will be 15190
Note:
Wait for the 5-minute candle to close for confirmation.
If market opens with big gap, always wait for price action.