NIFTY Intraday Trade Setup For 26 Apr 2024 Bullish-Above 22630 Invalid-Below 22580 T- 22810 Bearish-Below 22450 Invalid-Above 22500 T- 22295 NIFTY has closed on a bold bullish note today with 0.75% gain. It is a bold candle as it gaped down 85 points and then recovered till 22625. Tomorrow is likely to be bullish day. Broadly we are still trading between this...
NIFTY Intraday Trade Setup For 24 Apr 2024 Bullish-Above 22450 Invalid-Below 22400 T- 22665 Bearish-Below 22340 Invalid-Above 22390 T- 22140 NIFTY has closed on a flat note today. Index opened with a 100 points gap up and then index turned sideways. 10 o'clock range was to be used as per trade setup but index did not break and traded within a tight range of...
NIFTY Intraday Trade Setup For 23 Apr 2024 Bullish-Above 22390 Invalid-Below 22340 T- 22665 Bearish-Below 22190 Invalid-Above 22240 T- 22000 NIFTY has closed on a bullish note with 0.86% gain today. It opened with a big gap up and traded between 10 o'clock range for the whole day. However buy levels was respected as support irrespective of the gap up opening....
NIFTY Intraday Trade Setup For 22 Apr 2024 Bullish-Above 22190 Invalid-Below 22140 T- 22405 Bearish-Below 22000 Invalid-Above 22050 T- 21800 NIFTY has closed with a cut of 1.65% last week. Last week we had a bearish view as per the 2nd leg shooting star in weekly TF. Trigger of the bearish move was 22500. Index has respected 50 EMA in daily TF. Now Below 21770...
NIFTY Intraday Trade Setup For 19 Apr 2024 Sell_1- From 22250 Invalid-Above 22300 T- 22080 Sell_2- Below 21950 Invalid-Above 22000 T- 21750 21585 NIFTY has closed on a bearish note with 0.69% cut today. Last weekend analysis is going well as we discussed that index will be under bear's grip below 22500 as per the effective 2nd leg shooting star candle in weekly...
Diametric pattern – Understanding Nifty medium term pattern by applying the concept of Advanced Elliott wave – Neo wave theory to forecast the next trend. As shown on daily chart, prices are forming a Diametric pattern. This pattern is recognised in Neo wave as a 7 legged correction labelled as a-b-c-c-d-e-f-g and can take a form of either Bow Tie structure or a...
NIFTY Intraday Trade Setup For 16 Apr 2024 Bullish-Above 22430 Invalid-Below 22380 T- 22660 Bearish-Below 22250 Invalid- Above 22300 T- 22050 NIFTY has closed on a complete bearish note with 1.1% cut today. In the weekend we discussed that index has formed a short term top as it formed a 2nd leg shooting star in weekly TF. Only thing is that it opened directly...
NIFTY Intraday Trade Setup For 15 Apr 2024 Sell_1- From 22660 Invalid-Above 22710 T- 22500 Bearish-Below 22500 Invalid-Above 22550 T- 22300 NIFTY has closed with a bearish sentiment last week. It has formed a shooting star candle in weekly TF that too in the 2nd leg which I personally consider. There is a strong possibility of NIFTY topping out atleast for...
NIFTY Intraday Trade Setup For 9 Apr 2024 Bullish-Above 22710 Invalid- Below 22660 T- 22865 Bearish-Below 22600 Invalid-Above 22650 T- 22420 NIFTY has closed on a bullish note with 0.68% gain today. Index has picked the trend above our planned bullish level- 22620 discussed in the weekend analysis. Buy triggered above 22620 and gave a small move till 22697....
NIFTY Intraday Trade Setup For 8 Apr 2024 Bullish-Above 22620 Invalid-Below 22570 T- 22830 Bearish-below 22300 Invalid-Above 22350 T- 22090 NIFTY has closed on a neutral note with slight gain of 1.2% gain. However it has closed above 22500 after 6 attempts. The weekly candle is a neutral and indecisive candle, a spinning top. Above its high-22620 we will plan...
NIFTY Intraday Trade Setup For 5 Apr 2024 Bullish-Above 22620 Invalid- Below 22570 T- 22830 23030 Bearish-Below 22300 Invalid-Above 22350 T- 22090 NIFTY has closed with a 0.36% gain today. It was most volatile day after many days, maybe due to RBI event tomorrow. It opened with a big gap up and 10 o'clock range was to be used as per trade setup. Range broke...
NIFTY Intraday Trade Setup For 4 Apr 2024 Bullish-Above 22530 Invalid-Below 22480 T- 22767 Bearish-Below 22390 Invalid-Above 22440 T- 22190 NIFTY has closed at a striking distance to ATH and on verge of a ATH breakout. It ended on a flat note today. Tomorrow if at all it breaks ATH then possibility of a shot covering rally is high. A strong momentum trade can...
NIFTY Intraday Trade Setup For 2 Apr 2024 Bullish-Above 22530 Invalid-Below 22480 T- 22780 Bearish-Below 22420 Invalid-Above 22470 T- 22200 NIFTY has closed on a bullish note with 0.61% gain today. Entire gain has been contributed by gap up as it opened with 0.57% gain. For the rest of the day index traded between 22530 and 22430, inside 100 points. It has...
NIFTY Intraday Trade Setup For 1 Apr 2024 Bullish-Above 22530 Invalid-Below 22480 T- 22780 Bearish-Below 22250 Invalid- Above 22300 T- 22045 NIFTY has closed on a bullish note last week with 1% gain. It was a short week of 3 sessions but since start of the week bulls took charge and held till weekend. Now above 22530-50 we will witness another round of strong...
NIFTY Intraday Trade Setup For 28 Mar 2024 Bullish- Above 22215 Invalid- 22165 T- 22360 22550 Bearish- Below 22040 Invalid- Above 22090 T- 21880 21680 NIFTY has closed on a bullish note with 0.54% gain today. It was firmly bullish since opening as buy triggered above 22080 and gave a steady move till 22200. However our targets were unachieved due to overall low...
NIFTY Intraday Trade Setup For 27 Mar 2024 Bullish-Above 22080 Invalid-Below 22030 T- 22250 Bearish-Below 21940 Invalid-Above 21990 T- 21800 21630 NIFTY has closed on a bearish note with 0.42% cut today. While all this cut was entirely contributed by gap down opening. In intraday it traded in 80 points range, for the max time it froze between 50 points. Since...
NIFTY Intraday Trade Setup For 26 Mar 2024 Bullish-Above 22210 Invalid-Below 22160 T- 22455 Bearish-Below 22015 Invalid-Above 22065 T- 21880 21700 NIFTY has closed with a slight bullish sentiment last week with 0.33% gain. Index is still in trading sideway. Fresh bearish price action will be seen below 21700 now. There can be bull's grip if give breakout of...
NIFTY Intraday Trade Setup For 22 Mar 2024 Bullish-Above 22100 Invalid-Below 22050 T- 22315 22530 Bearish-Below 21940 Invalid-Above 21990 T- 21700 21480 NIFTY has closed on a bullish note with 0.79% gain today but all contributed through gap up opening. It was was more or less seller's expiry. Breakdown of the 50 EMA could not be sustained. Now we need a fresh...