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NIFTY Intraday Trade Setup For 22 Sep 2023NIFTY Intraday Trade Setup For 22 Sep 2023 Bullish-Above 19790 Invalid-Below 19740 T- 19915 20010 Bearish-Below 19700 Invalid-Above 19750 T- 19595 19490 NIFTY has closed on bearish note with 0.8% cut today. It opened with a slight gap down directly below our sell level. 10 o'clock range was to be used as per our trade setup. Range broke downside below 19763 and last swing high was near 19793. With 30 points risk it gave 50+ Points gain till 19710. Yesterday it was discussed that there is a chance of recover but for that it has to trigger our buy level. So the condition is for tomorrow. In case of a gap up 19900-20 will act as resistance . Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 19790 then we will long for the target for 19915-20 and above this 20010. For selling we need a 15 Min candle close below 19700. T- 19595 and 19490. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
NSE:NIFTY
by Omahto
NIFTY Intraday Trade Setup For 21 Sep 2023NIFTY Intraday Trade Setup For 21 Sep 2023 Bullish-Above 19970 Invalid-Below 19920 T- 20050 Bearish-Below 19870 Invalid-Above 19920 T- 19790 19685 NIFTY has closed on a bearish sentiment with more than 1% cut today. It opened with a big gap down and as per our trade setup 10 o'clock range was to be used. Range broke downside below 19968 and last swing high was 20018. With 50 points risk/sl it gave around 90 points gain till 19879. Tomorrow chances of recovery is high so if it sustains above 19950 take 19770 as confirmation for a full recovery. 20055 and 19685 are important resistance and support respectively for tomorrow's session. Coming to Thursday's trade setup, if index opens flat and and 15 Min candle closes above 19970 then we will long for the target of 20055. For selling we need a 15 min candle close below 19870. T- 19790 and 19685. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
NSE:NIFTY
by Omahto
1
NIFTY Intraday Trade Setup For 20 Sep 2023NIFTY Intraday Trade Setup For 20 Sep 2023 Bullish-Above 20170 Invalid-Below 20120 T- 20240 20315 Bearish-Below 20110 Invalid-Above 20160 T-20015 19910 NIFTY has closed with 0.29% cut today. It was moreover sideways and zoned. Nothing triggered as per trade setup today, post 3PM at the time closing sell was triggered which is void. Tomorrow on flat opening below 20110 if sustained properly then we will test 20015 zone in intraday. For any bullish move it has to sustain itself above the plotted trendline, level was above 20170. 20k zone can be a good psychological support. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 20170. T- 20240 and 20315. For selling we need a 15 Min candle close below 20110. T- 20015 and 19910. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
NSE:NIFTY
by Omahto
1
NIFTY Intraday Trade Setup For 18 Sep 2023NIFTY Intraday Trade Setup For 18 Sep 2023 Bullish-Above 20225 Invalid-Below 20175 T- 20315 20405 Bearish-Below 20125 Invalid-Above 20175 T- 20030 19910 NIFTY has closed on a bullish note last week with 1.88% gain. Our swing long position is still on with TSL. On 4 Sep EOD we planned a bullish view when closed above 19500 in daily TF. Our Confirmation level was 19600, as of now it has given around 600 points gain which is slight more than 1:1.5. Also we opted PDL as our TSL. If a daily candle closes below PDL and then next day below that red candle's low we will exit our longs. On Monday if we open gap down then 20030 can be a good support. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 20225 then we will long for the target of 20315 and 20405. For selling we need a 15 Min candle close below 20125. T- 20030 and 19910. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
NSE:NIFTY
by Omahto
NIFTY Intraday Trade Setup For 15 Sep 2023NIFTY Intraday Trade Setup For 15 Sep 2023 Bullish-Above 20120 Invalid-Below 20070 T- 20200 20287 Bearish-Below 20040 Invalid-Above 20090 T- 19970 19900 NIFTY has closed on a with a slight of 0.16% gain today. It was a complete sellers expiry after 10 O'clock as it went in a range of 20100 and 20050 for the rest of the day. It opened with a slight gap up and buy triggered as per trade setup above 20115 which hit 50 points sl. BTW there was a slight gap up opening and 10 o'clock range broke downside below 20107 and gave around 50 points. Tomorrow's best trade will be on flat opening. Long trade from 19600 is intact a with TSL as PDL (CB). Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 20120 then we will long for the target of 20200 and 20287-305. For selling we need a 15 min candle close below 20040. T- 19970 and 19900. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
NSE:NIFTY
by Omahto
NIFTY Intraday Trade Setup For 14 Sep 2023NIFTY Intraday Trade Setup For 14 Sep 2023 Bullish-Above 20115 Invalid-Below 20065 T- 20200 20287 Bearish-Below 20010 Invalid-Above 20060 T- 19910 19810 NIFTY has closed on a bullish note with 0.38% gain today. On 4 Sep EOD we planned our bullish trade above 19500 when closed in daily TF, confirmation level was 19600. On 11 Sep EOD we opted PDL as our TSL to ride the open sky momentum. If a daily candle closes below PDL and that red candle's low is breached then we will exit our longs. Till then enjoy trailing. Today buy triggered as per trade setup above 20040 and gave 1:1 gain till 20096 however target was not achieved. Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 20115 then we will long for the target of 20200 and 20287. For selling we need a 15 Min candle close below 20010. T- 19910 and 19810. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
NSE:NIFTY
by Omahto
NIFTY Intraday Trade Setup For 13 Sep 2023NIFTY Intraday Trade Setup For 13 Sep 2023 Bullish-Above 20040 Invalid-Below 19990 T- 20145 20250 Bearish-Below 19910 Invalid-Above 19960 T- 19810 19710 NIFTY has closed on an absolute flat note today. It was huge commotion today due to profit booking after a big gap up opening. As per trade setup 10 o'clock range was to be used. Range did not break any side. Tomorrow's closing will be interesting to watch in which sentiment, near day high or low it will close. In case of a gap down opening near 19800, it can find an immediate support, the gap support. It has to be validated by bullish price action in small TF. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 20040 then we will long for the target of 20145 and 20250. For selling we need a 15 Min candle close below 19910. T- 19810 and 19710. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
NSE:NIFTY
by Omahto
NIFTY Intraday Trade Setup For 12 Sep 2023NIFTY Intraday Trade Setup For 12 Sep 2023 Bullish-Above 20010 Invalid-Below 19960 T- 20131 20250 Bearish-Below 19930 Invalid-Above 19980 T- 19815 19710 NIFTY has closed on a record high today. On Sep 4 EOD we planned our bullish trade when index closed above 19500 in daily TF, confirmation level was 19600.Target was discussed multiple time, a fresh ATH. Now we will simply trail sl and our TSL will be PDL. If a daily candle closes below PDL and that red candle's low is breached then we will exit our longs. Today buy triggered as per trade setup above 19870 and hit our 1st target very smoothly. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 20010 then we will long for the target of 20131 and 20250. For selling we need a 15 Min candle close below 19930. T- 19815 and 19710. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
NSE:NIFTY
by Omahto
1
NIFTY Intraday Trade Setup For 11 Sep 2023NIFTY Intraday Trade Setup For 11 Sep 2023 Bullish-Above 19870 Invalid-Below 19820 T- 19953 20037 Bearish-Below 19790 Invalid-Above 19840 T- 19710 19617 NIFTY has closed on a bullish note last week and day with 1.98% and 0.47% gain respectively. On 4th Sep EOD we discussed about bullish indication when index closed above 19500 in daily TF. Also said that next day closing (19600) on a bullish note will be a confirmation to the bullish view. And the idea worked perfectly where it gave 300+ points move and is approaching a fresh ATH. After that next possibility opens up and future scenarios will be discussed when target is hit. 19870 and 19790 are important levels for Monday's session. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 19870 then we will long for the target of 19953 and 20037. For selling we need a 15 Min candle close below 19790. T- 19710 and 19617. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
NSE:NIFTY
by Omahto
2
NIFTY Intraday Trade Setup For 08 Sep 2023NIFTY Intraday Trade Setup For 08 Sep 2023 Bullish-Above 19740 Invalid-Below 19690 T- 19840 19935 Bearish-Below 19640 Invalid-Above 19690 T- 19525 19415 NIFTY has closed on a bullish note with 0.59% gain. After our positional short trade was cut at cost when it closed above 19500 it was said that now index is bullish. After 19500 was closed in daily TF index has inched higher and is moving towards 20k. Today buy triggered as per trade setup above 19640 and 1st target was hit very smoothly via a short covering move (19640-19737). Tomorrow kindly be strict in trailing positions for both side trades. Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 19740 then we will long for the target of 19840 and 19935. For selling we need a 15 Min candle close below 19640. T- 19525 and 19415. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
NSE:NIFTY
by Omahto
NIFTY Intraday Trade Setup For 07 Sep 2023NIFTY Intraday Trade Setup For 07 Sep 2023 Bullish-Above 19640 Invalid-Below 19590 T- 19735 19820 Bearish-Below 19490 Invalid-Above 19540 T- 19398 19305 NIFTY once again closed on a slight positive note with 0.18% gain today. It was updated that NIFTY has closed above 19500 in daily TF after 1 month and called it slight bullish. It is inching higher like a tortoise BTW. While 19500 become again important for a reversal if closed in daily TF. Today buy triggered as per trade setup which hit sl and then sell triggered later it broke previous swing high and reversed. In the weekend analysis it was said that if index regains 19500 then moreover it will be a broader range trading inside 20k and 19200. Tomorrow above 19640 it may fill the gap. Bearish view only below 19490, however I will be looking for a reversal in 5 MIN TF for a short. Coming to Thursday's trade setup, if index opens flat and a 15 min candle closes above 19640 then we will long for the target of 19735 and 19820. For selling we need a 15 Min candle close below 19490. T- 19398 and 19305. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
NSE:NIFTY
by Omahto
NIFTY Intraday Trade Setup For 06 Sep 2023NIFTY Intraday Trade Setup For 06 Sep 2023 Bullish-Above 19590 Invalid-Below 19540 T- 19665 19740 Bearish-Below 19520 Invalid-Above 19570 T- 19455 19348 NIFTY has closed with a slight positive gain of 0.24% today. Today buy triggered as per trade setup but lacked momentum and ended with slight gain. NIFTY is slowly and steadily going up but lacking strong momentum. Sell view is closed at cost as per the weekend analysis. 19520 is important level for downside trigger. Above 19590 we will maintain a bullish view if sustained in 15 MIN TF. But be very strict with reversal as it is at mid point in daily range. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 19590 then we will long for the target of 19665 and 19740. For selling we need a 15 Min candle close below 19520. T- 19455 and 19348. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
NSE:NIFTY
by Omahto
NIFTY Intraday Trade Setup For 5 Sep 2023NIFTY Intraday Trade Setup For 5 Sep 2023 Bullish-Above 19550 Invalid-Below 19500 T- 19645 19740 Bearish-Below 19490 Invalid-Above 19540 T- 19397 19305 NIFTY has closed on a bullish note with 0.48% gain today. It has regained 19500(CB) after 30 days which is a bullish indication. Tomorrow's closing above 19600 would confirm that. Today it opened with a big gap up and 10 o'clock range was to be used as per analysis. Range broke downside below 19464 and gave 30 points gain which was 1:1. Later buy triggered as per trade setup above 19460 and hit 1st target smoothly (19460-19545). Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle close above 19550 then we will long for the target of 19645 and 19740. For selling we need a 15 min candle close below 19490. T- 19397 and 19305. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
NSE:NIFTY
by Omahto
2
NIFTY Intraday Trade Setup For 04 Sep 2023NIFTY Intraday Trade Setup For 04 Sep 2023 Bullish-Above 19460 Invalid-Below 19410 T- 19550 19645 Buy_2- From 19310 Invalid-Below 19260 T- 19390 19460 NIFTY has closed on a slight bullish note last week with 0.88% gain. We have already planned sell from 19560 with last swing high- 19800 as invalidation for the target of 19750 zone. Our continuation level is 19220 which was valid for last weeks too. Now we will close the short @ cost if tested. And later sell will be planned below 19220. Index will remain sideways till 20k is taken out in daily TF. And buy from support and sell from resistance should be the outlook in between especially for intraday. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 19460 then we will long for the target of 19550 and 19645. In case it opens lower than 19458 and 19310 is tested then we will buy from there. T- 19390 and 19460. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
NSE:NIFTY
by Omahto
NIFTY Intraday Trade Setup For 1 Sep 2023NIFTY Intraday Trade Setup For 1 Sep 2023 Bullish-Above 19290 Invalid-Below 19240 T- 19371 19455 Bearish-Below 19220 Invalid-Above 19270 T- 19105 19005 NIFTY has closed on a bearish note with 0.48% cut. Yesterday in both the indices I shared a possibility of a pullback today with half bat pattern as there was one leg move. Today it dipped and triggered sell without any pullback due to that it hit sl. Later after a pullback sell triggered again below 19330 and hit 1st target (19225). Tomorrow 19290 and 19220 are important levels for intraday. Also be alert about bullish reversal below 19220 as that's an important support. Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 19290 then we will long for the target of 19371 and 19455. For selling we need a 15 Min candle close below 19220. T- 19105 and 19005. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
NSE:NIFTY
by Omahto
2
NIFTY Intraday Trade Setup For 31 Aug 2023NIFTY Intraday Trade Setup For 31 Aug 2023 Sell_1- From 19410 Invalid-Above 19460 T- 19345 18280 Sell_2- Below 19330 Invalid-Above 19380 T- 19230 19105 NIFTY has closed on an absolute flat note today after a roller coaster ride. It opened with a big gap up today and as per our trade setup 10 o'clock range was to be used. Initially 10 o'clock range broke above 19441 and last swing low was 19425, so around 16 points sl was hit. Later range broke downside below 19407 and last swing high was 19431, so with 25 points sl it gave 70 points straight move till gap area. I have been updating that although we have short position from 19560, index will give a straight move below 19220 only. In between it will be sideways. Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes below 19330 then we will short for the target of 19230 and 19105. In case of a gap up 19410 is tested in the first hour then we will plan a short from there. T- 19345 and 19280. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
NSE:NIFTY
by Omahto
NIFTY Intraday Trade Setup For 30 Aug 2023NIFTY Intraday Trade Setup For 30 Aug 2023 Bullish-Above 19380 Invalid-Below 19330 T- 19460 19545 Bearish-Below 19300 Invalid-Above 19350 T- 19230 19106 NIFTY has closed with slight gain today. Whole day it was sideways, traded inside previous day's range. In fact it just traded between 70 points range. Nothing triggered as per trade setup today. Till the time it is inside hourly rage of 19500 and 19200 it is going to be sideways. Tomorrow above 19380 if sustained there can be a good up move. Below 19300, the downside move triggers. Also the 19220 is safe in daily TF which is the gateways to further fall in NIFTY. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 19380 then we will long for the target of 19460 and 19545. For selling we need a 15 Min candle closes below 19300. T- 19230 and 19106. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
NSE:NIFTY
by Omahto
NIFTY Intraday Trade Setup For 29 Aug 2023NIFTY Intraday Trade Setup For 29 Aug 2023 Bullish-Above 19370 Invalid-Below 19320 T- 19439 19510 Bearish-Below 19225 Invalid-Above 19275 T- 19106 19005 NIFTY has closed with a slight gain of 0.21% gain today, almost sideways. 19220 is still safe, the gateway for the down move. It was almost sideways between yesterday's range. Tomorrow 19370 is very important for up side in intraday. Below 19225 if sustained then sellers will take charge. In between it will be sideways, so better to sell the range till then. 19290 is a confluence level but that will be an aggressive level to play with. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 19370 then we will long for the target of 19438 and 19510. For selling we need a 15 Min candle close below 19225. T- 19106 and 19005. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
NSE:NIFTY
by Omahto
NIFTY Intraday Trade Setup For 28 Aug 2023NIFTY Intraday Trade Setup For 28 Aug 2023 Bullish-Above 19340 Invalid-Below 19290 T- 19489 19600 Bearish-Below 19225 Invalid-Above 19275 T- 19105 19005 NIFTY has closed on a slight bearish note last week and day with 0.23% and 0.62% cut respectively. Its been a month (30 Jul) we planned our sell below 19560. This was triggered on 01 Aug and last swing high/risk was 19800 and now TSL will be cost as the last swing high is somewhere close to that. Target of 18750 zone is intact. Below 19220 we are likely to witness a momentum downfall as that will be a range shift. As of now it is sell on rise so every rise will be looked into sell with a bearish price (M) structure in smaller (5/15) TF. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 19340 then we will long for the target of 19489 and 19600. For selling we need a 15 Min candle close below 19225. T- 19106 and 19005. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
NSE:NIFTY
by Omahto