NIFTY Intraday Trade Setup For 17 Feb 2022NIFTY Intraday Trade Setup For 17 Feb 2022
Buy-Above 17500
Sl-17450
T-17585 17650
Sell-Below 17250
Sl-17300
T-17150 17100
As we discussed yesterday that Index may trade sideways. This was expected after a big move. However today's trading range will be very helpful for tomorrow's expiry. Index has made a range of 230 points. Trade setup is very simple , the high and low will be the trigger to buy and sell. It has taken resistance from the hourly trendline plotted in the chart.
Today's high is 17490. if we get a 5 Min candle close above 17490 and then 17500 is crossed, we will buy targeting 17585. This is a gap area created on 11 Feb. Consider booking profits there. Then we we find any expiry range then we will trade range shift.
For selling if a 15 Min candle closes below 17285 then short below 17250 for the target of 17100. 17100 can act as support. So, book profits there.
Between this range one can sit tight by selling the range 17500 and 17250. Hold this strangle till range is shifted. When range will be shifted plan the direction trade as per the buy and sell levels.
In case of a big gap up or gap down , we will wait till 10 o'clock and trade that range breakout or breakdown.
Niftyexpiry
Nifty Trade Plan for 10 FEB 2022Nifty Trade Plan for 10 FEB 2022
Nifty as expected after the bullish closing yesterday, is opening with a gap around R1 Resistance & Bullish BO of 17515 - 15540.
In Case Bullish BO 17540 taken on the upside we can expect higher targets of T1 & T2.
Any resistance from R1, we can expect Nifty to test PDC & CPR today.
NIFTY@10/02/2022-LEVELSHello Traders,
NIFTY@10/02/2022-LEVELS
-----------------------------------
If Market Opens as a-
GAP-UP: Support of R@1 (BUY) – Rejection of PDH (SELL)
FLAT: Support of PDH (BUY) – Rejection of IMP (SELL)
GAP-DOWN: Support of IMP (BUY) – Rejection of s@1 (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 Buy and 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
IMP -> Important
R@1, R@2,R@3... ->Resistance-Zones
S@1, S@2,S@3... ->Support-Zones
S-H -> Swing-High
S-L -> Swing-Low
D-T -> Double Top
D-B -> Double Bottom
T-T -> Triple Top
T-B -> 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
Simple Trade Setup | NIFTY | 10-02-2022 [INTRADAY]NSE:NIFTY
Observations:
1) On 1day time frame, it took support from 100EMA and closed just above 50DMA.
Please refer below chart : 1day Time Frame.
-------------------------------------
Trade Setup for 09-02-2022
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 Intraday Trade Setup For 10 Feb 2022NIFTY Intraday Trade Setup For 10 Feb 2022
Buy-Above 17480
Sl-17450
T-17530 17570
Sell- Below 17430
Sl-17460
T-17380 17340 17300
NIFTY has just consolidated in today's trading session. No major move was seen. This momentum drop was expected after a decent gap up. Our plan was to buy above the dragonfly 's high. But index opened with a big gap up. However index moved from 17340 to 17477.
Coming to tomorrow's trade setup 1st of all we will buy above 17480 for the target of 40-50 points. As there are multiple resistance at higher levels. So, we will plan for small targets.
For selling if index opens flat and consolidates between 17475 and 17440. Then if crosses the lower range we will sell below 17430. This is aggressive trade. We will see good downside move below 17350 only. If a 15 min candle closes below 17370. Then we will target the gap area near 17300.
If index opens with big gap up or gap down. We will simply wait till 10 o'clock and then trade that range. Tomorrow is expiry so trade carefully. Trendy moves will be seen after 12:30.
NIFTY@03/02/2022-LEVELSHello Traders,
NIFTY@03/02/2022-LEVELS
---------------------------------
If Market Opens as a-
GAP-UP: Support of PDH (BUY) – Rejection of R@1 (SELL)
FLAT: Support of PDH (BUY) – Rejection of IMP (SELL)
GAP-DOWN: Support of IMP (BUY) – Rejection of IMP (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 Buy and 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
IMP -> Important
R@1, R@2,R@3... ->Resistance-Zones
S@1, S@2,S@3... ->Support-Zones
S-H -> Swing-High
S-L -> Swing-Low
D-T -> Double Top
D-B -> Double Bottom
T-T -> Triple Top
T-B -> 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
Simple Trade Setup | NIFTY | 03-02-2022 [INTRADAY]NSE:NIFTY
Observations:
1) On 1 day time frame, it closed just above 21DMA.
21DMA is placed at : 17768.74, which means 17770 is immediate support. Above this level it is bullish below this it is slight bearish.
Major support is in range of 17600-17650. Below this range only it will be in bearish bias.
Please refer below chart : 1day Time Frame.
2) On 1 day time frame, If you remember from my previous trade setup, after giving closing above this support channel yesterday, today it continued upward journey.
Please refer below chart : 1day Time Frame.
-------------------------------------
Trade Setup for 03-02-2022
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 Intraday Trade Setup For 03 Feb 2022NIFTY Intraday Trade Setup For 03 Feb 2022
Buy-Above 17800
Sl-17770
T-17855 17900 17950
Sell-Below 17725
Sl-17740
T-17670 17600
NIFTY has closed just at 0.618 level in the hourly TF. If index sustains above this level then 18000 will be tested. Today both indices NIFTY And Banknifty were momentum less. However both moved to higher levels.
We need a 5 min candle close above today's high to initiate a buy trade. The ideal trade will be on flat opening. Big gap up will once again be momentum less and will create volatility.
For selling if we get a range above 17750 and if that range will be broke downwards then we will sell below 17200 for the target of 17670 and 17600.
Index is at a place where it can give move any side. We have our levels with us to go with. Also tomorrow is weekly expiry so volatility will be there.
NIFTY-27/01/2022-LevelsHello Traders,
NIFTY@27/01/2022
-----------------------
If Market Opened as a-
GAP-UP: Support of Resistance (BUY) – Rejection of PDH (SELL)
FLAT: Support of Resistance (BUY) – Rejection of IMP (SELL)
GAP-DOWN: Support of IMP (BUY) – Rejection of IMP (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 Buy and 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
IMP -> Important
R@1, R@2,R@3... ->Resistance-Zones
S@1, S@2,S@3... ->Support-Zones
S-H -> Swing-High
S-L -> Swing-Low
D-T -> Double Top
D-B -> Double Bottom
T-T -> Triple Top
T-B -> 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
Simple Trade Setup | NIFTY | 27-01-2022 [INTRADAY] NSE:NIFTY
Observations:
1) On 1 day time frame, it took support from the bottom trendline of channel and closed above middle trendline.
Now middle trendline will work as support and top trendline will work as resistance.
Please refer below chart : 1day Time Frame.
-------------------------------------
Trade Setup for 27-01-2022
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 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 27 Jan 2022NIFTY Intraday Trade Setup For 27 Jan 2022
Buy-Above 17310
Sl-17270
T-17410 17500
Sell-Below 17000
Sl-17040
T-17875 16700
NIFTY has given a sharp recovery on Tuesday's trading session. After giving a quick downside move below our sell level it dived about 150 points in just 5 min. Then we saw buyers coming into picture and made a super bullish candle -Hammer. And as soon as the high broke we made money in long also. Above 17025 index gave 200 points profit. Then in the second half our buy level was triggered and gave another 120 points profit.
Coming to Expiry's trade setup, We will focus on buying and will find buying opportunity more than selling. Index has made a support zone of 17000-16975. So firstly we will buy above 17300 if we get a 5 min candle close above this.
For selling if index closes below 17180 in 5 Min TF then a small short trade can be done 100 points.
Aggressive selling will be planned below 17000.If if get a closing below 16975 in 15 Min TF then we will sell aggressively. Index can show a sharp fall.
NIFTY Intraday Trade Setup For 20 Jan 2022NIFTY Intraday Trade Setup For 20 Jan 2022
Buy-Above 17960
Sl-17920
T-18060
Sell-Below 17880
Sl-17920
T-17800 17730
NIFTY has shown good profit booking today. We had only sell level in yesterday's analysis. Index opened flat and crossed our sell level 18080 and hit our target 17900.
Index is still bearish and profit booking can continue after a big rally we had. So avoid buying or be lite in position if we get any buying opportunity.
Best trade in tomorrow's trading session will be in sell side, if we get a flat opening and crossing today's low. A gig gap or gap down will create volatility and end the expiry in range.
For buying we need a 5 Min candle close above 17960 to initiate buy. Target will be 100 points. Remember to trail sl after 1:1 is done.
Nifty Expiry Trade Setup | 13th January 2022Nifty 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 3rd Target 230 and Traders booked good profit in this Trade
> Bought Nifty 18100 PE at 29 as HeroZero which we booked with 10 points loss
Overall, Nifty Option Buyers booked profit on Range-bound day.
We may see some profit tomorrow if Nifty breaks 18120 on the downside.
Expectations for Tomorrow: Range-bound Day, Volatality after 12:30 PM.
Intraday Levels:
Buy Above - 18250
Sell Below - 18120
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Simple Trade Setup | NIFTY | 13-01-2022 [INTRADAY]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 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 | 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.