The global market indicates a positive start. market nature is slightly bullish to neutral. The market may open a gap-up and if the market declines after the gap, we expect a minor correction. It takes a minimum 23 to 38% correction wave. On the other hand, if the opening market declines sharply, it will take correction mode, it may take 38 to 50% fib correction.
NIFTY Intraday Trade Setup For 9 Dec 2022
Buy-Above 18625
Sl-18575
T-18720 18800 18890
Sell-Below 18525
Sl-18575
T-18415 18295 18195
NIFTY has closed with a very small gain of just 48 points which is 0.26%. An inside candle has been formed in daily TF. Above mother candle's high and low we can expect a directional move either side. It is a very rare day in the...
NIFTY Intraday Trade Setup For 8 Dec 2022
Buy-Above 18620
Sl-18570
T-17720 18800 18880
Sell-Below 18525
Sl-18575
T-18415 18295 18195
NIFTY has closed on a negative note with almost 0.5% cut. After our TSL hit on last Friday when it closed below PDL since then it has been in a profit booking mode and we can see a decline. Index can change the current sentiment...
NIFTY Intraday Trade Setup For 1 Dec 2022
Buy-Above 18820
Sl-18770
T-18930 19030 19155
Sell-Below 18670
Sl-18720
T-18545 18450 18350
NIFTY has closed on a positive note with 0.75% gain. It has closed near day high. Index will have a strong momentum upside till it closes above PDL. Now next psychological level which is 19000 seems to be closer. Today it opened...
NIFTY Intraday Trade Setup For 7 Dec 2022
Buy-Above 18655
Sl-18605
T-18730 18800
Sell-Below 18575
Sl-18625
T-18500 18425
NIFTY has closed with a slight cut of 0.31% today. And this cut is contributed only by the gap down opening. It has closed near day high which is a sign of bullishness. This bullishness will continue only above today's high. Fun fact is that...
NIFTY Intraday Trade Setup For 6 Dec 2022
Buy-Above 18730
Sl-18680
T-18800 18880
Sell-Below 18629
Sl-18680
T-18530 18425
NIFTY has closed on a absolute flat note and but formed a hammer candle in daily TF. It was a V shape day. Morning we saw a sharp fall from opening levels and later a sharp recover was seen. Closing is near day high which is a sign of...
Looking at the global cues and SGX NIfty, Nifty 50 may open in gap down..
great short opportunity can be achieved seeing the global cues and weak market scenario
A hanging man candle is formed in 15 mins tf
if nifty 50 opens gap down and breaks the level 18600 initiate short position and with the target of 18550 and if it further breaks down the final target will...
Resistance level:18800.65
Support level : 18634.20
****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...
Good Morning!
We are glad that we could pre aware our followers, about being cautious on the last trading day. As by the end of the day, on Friday, we did observe a significant supply pressure in the Market.
Well for now, there’s a need to be cautious as we have entered the month of December, which is the end of the Financial Year of the FIIs.
Moreover, we...
NIFTY Intraday Trade Setup For 5 Dec 2022
Buy-Above 18715
Sl-18665
T-18800 18880
Sell-Below 18639
Sl-18690
T-18530 18425
NIFTY closed with a slight gain of 1% this week. Monthly and weekly candle closed above the 52 week high - 18605. Our short term long trade which was triggered on 18 Oct 2022 @ 17430 hit our projected target and our trailing sl is hit on...
Resistance level: 18743.60
Support level : 18649
****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...
Nifty Up & Down Side Targets for Monday
Nifty Down Side Targets
First Support Zone For Nifty - 18668 - 18680
Second Support Zone For Nifty – 18583- 18605
Third Support Zone For Nifty – 18455 - 18444
Nifty Up Side Targets
First Resistance Zone For Nifty ...
NIFTY Intraday Trade Setup For 2 Dec 2022
Buy-Above 18846
Sl-18795
T- 18955 19065
Sell-Below 18775
Sl-18825
T-18865 18550
NIFTY has closed with 0.29% gain Today. This small gain is contributed by the gap up. Although it closed with positive gains but closing is near day low which is a sign of weakness. Since last 7 consecutive trading session it has been...
Nifty One Hour Chart Analysis For Intraday Trading
Nifty Down Side Targets
First Support Zone For Nifty - 18680 -18668
Second Support Zone For Nifty –18601 - 18609
Third Support Zone For Nifty – 18555-18544
Nifty Up Side Targets
First Resistance Zone For Nifty - 18780 -18768 ( Nifty...
NIFTY Intraday Trade Setup For 30 Nov 2022
Buy-Above 18680
Sl-18630
T-18775 18855 18930
Sell-Below 18600
Sl-18650
T-18545 18450 18365
NIFTY has closed closed on a positive note with 0.3% gain. Our swing long target hit finally! Now one can book some profit or trail. It opened flat today and buy triggered as per trade setup. Trade gave more than 1:1 slowly and...
Resistance level: 18665
Support level : 18570.85
****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...
NIFTY Intraday Trade Setup For 29 Nov 2022
Buy-Above 18615
Sl-18565
T-18695 18775 18855
Sell-Below 18545
Sl-18595
T-18445 18365 18295
NIFTY has closed on a positive note with 0.27% gain today. It made a fresh ATH today. Our swing long target triggered on 18 Oct 2022 @ 17430 was hit today. One can book some profit in this zone or trail tightly with TSL as last...
Resistance level: 18623.90
Support level : 18491.90
****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...
