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NIFTY Intraday Trade Setup For 8 Mar 2023NIFTY Intraday Trade Setup For 8 Mar 2023 Buy-Above 17800 Sl-17750 T-17880 17960 Sell-Below 17670 Sl-17720 T-17585 17495 NIFTY has closed with positive gains of 0.67% last day. It was updated on 2 Mar trade setup that we have initiated the pullback move of the whole down move which lasted for 8 days. It was clearly told that we will test 17800 in this pullback which was finally hit on Monday. And after hitting as expected it acted as resistance and fell almost 100 points from there. Now 17800 is the gateway for the next up move. It will best suited if we get a small pullback before breaking 17800. On Monday it has formed a shooting star so below its low we can expect some fall. Coming to Wednesday's trade setup, if index opens flat and a 15 min candle closes above 17800 then we will long for the target of 17880 and 17960. For selling we need a 15 Min candle close below 17670. T- 17585 and 17495. 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 06 Mar 2023NIFTY Intraday Trade Setup For 06 Mar 2023 Buy-Above 17645 Sl-17595 T-17745 17845 Sell-Below 17585 Sl-17635 T-17500 17400 NIFTY has closed on bullish note last week with slight gain of 0.74% It has formed a almost like a hammer candle in weekly TF. It was updated on 28 Feb that we are near bottom and the very next day it played out and now next round selling will be triggered below 17250 only which is current week's low. Above 17650 if sustained, we will head higher. But for reversal we need a proper bullish price structure in hourly TF. So a pullback and then previous swing BO in the upside will initiate that. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 17645 then we will long for the target of 17745 and 17845. For selling we need a 15 Min candle close below 17585. T- 17500 and 17400. 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
NiftyFutures Key Trading Levels for 6th March 2023NiftyFutures Key Trading Levels for 6th March 2023 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 view. Please consult your Financial Advisor before making any trading decision.
NSE:NIFTY1!
by sbkurandwad77
NIFTY Intraday Trade Setup For 03 Mar 2023NIFTY Intraday Trade Setup For 03 Mar 2023 Buy-Above 17350 Sl-17300 T- 17400 17465+ Sell-Below 17300 Sl-17350 T- 17225 17145 NIFTY has closed once again on a bearish sentiment with 0.74% cut. Today market opened and sell triggered as per trade setup below 17390 and hit our 1st target late noon. It was in bear's grip from the very 1st 15 Min. It has closed near day low. Below today's low once again bears will be leading. Next important support in downside is 17145 and 17400 being resistance. Continuation trade will be best on flat opening. Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 17350 then we will long for the target of 1400 and 17465. For selling we need a 15 Min candle close below 17300. T- 17225 and 17145. 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 02 Mar 2023NIFTY Intraday Trade Setup For 02 Mar 2023 Buy-Above 17470 Sl-17420 T-17550 17630 Sell-Below 17390 Sl-17440 T-17300 17225 NIFTY has closed on a bullish sentiment with 0.85% gain today. after 9 consecutive red candle today is the first day it ended on a positive note. Last day it was mentioned that we are somewhere near a short term bottom. It has closed above PDH which has initiated the pullback move the down move. Initial Pullback will be till 17600 and then 16800. Selling will resume below 17250. Today buy triggered as per trade setup and hit 1st target (17345-17467). 10 o'clock range also broke upside above 17422 and gave 45 points with 5 points sl. Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 17470 then we will long for the target of 17551 and 17630. For selling we need a 15 min candle close below 17390. T- 17300 and 17225. 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
1
NIFTY Intraday Trade Setup For 01 Mar 2023NIFTY Intraday Trade Setup For 01 Mar 2023 Buy-Above 17345 Sl-17295 T- 17440 17530 Sell-Below 17255 Sl-17305 T- 17147 17070 NIFTY has closed once again on a bearish sentiment with 0.51% cut. Till now it has not tested PDH since last 9 trading sessions. Today it opened opened and buy triggered which hit sl. Later 10 o'clock range broke downside below 17367 and made a low of 17256. It has been updated that our TSL for this current down move is PDH. Also a sentimental halt will be seen when we will close above PDH. Also seeing the stretch in market it seems that we are near somewhere a short term bottom , near 17150 which is also a PRZ area which has been discussed months back. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 17345 then we will long for the target of 17440 and 17530. For selling we need a 15 Min candle close below 17255. T- 17147 and 17070. Ext T- 16990. 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 Feb 2023NIFTY Intraday Trade Setup For 28 Feb 2023 Buy-Above 17415 Sl-17365 T- 17475 17535 Sell-Below 17299 Sl-17350 T- 17225 17150 NIFTY has closed with 0.42% cut today. It opened and sell triggered as per trades setup Trade gave more than 110 points gain (17420-17299, 1:2) and hit our target. A dot reversal was seen from the PRZ plotted as 2nd target. It has formed a hammer in TF at previous swing low in daily TF. Above its high we will inch higher (towards 17650 and 17800 )which will be the pullback of whole parabolic down move. Selling will resume below 17299 only and that will be towards 16600-700. Also we will give reversal of the whole down move which started from Dec 2022 if we make a hammer in weekly TF. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 17415 then we will long for the target of 17475 and 17535. Extended T- 17635. For selling we need a 15 Min candle close below 17299. T- 17225 and 17150. Extended T- 16990. 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 27 Feb 2023NIFTY Intraday Trade Setup For 27 Feb 2023 Buy-Above 17486 Sl-17435 T-17565 17640 Sell- Below 17420 Sl-17470 T-17350 17290 NIFTY has closed on a bearish sentiment last week with almost 500 points (2.67%) cut. Last it was explained that below previous week's low we will head lower levels and a good fall can be expected. Till now 300 points have been tanked. Also it has been updated that trend will be strong till we close below PDH which is still untouched. Sentimental halt/reversal will be seen only when we close above PDH. Till then keep trailing and riding. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 17486 then we will long for the target of 17565 and 17640. For selling we need a 15 Min candle close below 17420. T- 17350 and 17290. 17350 is important to watch out as that is the weekly swing low. 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 24 Feb 2023NIFTY Intraday Trade Setup For 24 Feb 2023 Buy-Above 17621 Sl-17570 T- 17735 17850 Sell-Below 17450 Sl-17500 T- 17350 17250 NIFTY has closed on a slight bearish sentiment with 0.25% cut. Its been 6 consecutive days where NIFTY has been closing below PDL. Slight sentiment change will be there only when it sustains above PDH and closes EOD. Till then bearish sentiment will be on. Today it opened flat and a sell triggered below 17525 and gave more than 50 points gain which was 1:1. Then it just consolidated in 100 points range. Daily candle looks neutral. Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 17621 then we will long for the target of 17735 and 17850. For selling we need a 15 Min candle close below 17450.T- 17350 and 17250. 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 23 Feb 2023NIFTY Intraday Trade Setup For 23 Feb 2023 Buy-Above 17595 Sl-17545 T- 17650 17700+ Sell-Below 17525 Sl-17575 T-17440 17350 NIFTY has once again closed on a bearish sentiment with 1.53% cut. Since last 5 trading sessions it has been in bear's grip. It was told that on Sunday that below PDL it will maintain and continue the bearish trend. So has happened till now. Today it opened gap down below our sell levels. 10 o'clock range broke downside below 17670 and previous swing high was 17696. Low made is 17530. It gave 140 points gain with less than 30 points sl. It was clear move as no previous swing high was tested till day low. Once again it has closed near day low. So below day low bearish sentiment will be on. Also be alert and tight in trailing as it can give pullback of the whole down move also. Important intraday resistance in the upside will be near 17700. Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 17595 then we will long for the target of 17650 and 17700. For selling we need a 15 Min candle close below 17525. T- 17440 and 17350. 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
1
NIFTY Intraday Trade Setup For 22 Feb 2023NIFTY Intraday Trade Setup For 22 Feb 2023 Buy-Above 17856 Sl-17805 T-17930 18000 Sell-Below 17800 Sl-17850 T-17719 17645 NIFTY has closed on with a neutral sentiment with less than 20 points cut today. Today it opened opened slight gap up and took support from PDC and bounced completely. Buy triggered above 17865 and made a high of 17924, close to 1st target. That was nothing but the golden FIB level from yesterday's range. later it consolidated at 17800 by taking support multiple times. As it has closed near day low so below today's low it may continue bearish sentiment. In case of gap down opening 1st 15 Min candle sentiment will be important to watch. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 17856 then we will long for the target of 17930 and 18000. For selling we need a 15 Min candle close below 17800. T- 17719 and 17645.. 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
3
NIFTY Intraday Trade Setup For 21 Feb 2023NIFTY Intraday Trade Setup For 21 Feb 2023 Buy-Above 17865 Sl-17815 T-17940 18000' Sell-Below 17815 Sl-17865 T- 17760 17700 NIFTY has closed negative note with 0.56% cut today. It has closed near day low like last day. So below today's low bearish sentiment will continue again. Today it opened and buy triggered above 17955 and hit 1st target 18000. After hitting the 1st target it started to fall and 10 o'clock range broke downside below and sell also triggered and hit 1st target very smoothly. In case of a flat opening one should wait for the 1st 15 Min and then plan the things on levels. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 17865 then we will long for the target of 17940 and 18000. In buying always strict in trailing. For selling we need a 15 min candle close below 17815. T- 17760 and 17700. 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 20 Feb 2023NIFTY Intraday Trade Setup For 20 Feb 2023 Buy-Above 17955 Sl-17905 T- 18005 18050 Sell-Below 17880 Sl-17930 T- 17820 17760 NIFTY has closed on a slight bearish sentiment with 0.51% cut on Friday. Weekly candle is almost sideways and is between the range of 18200-300 and 17700. This range has been valid since last 2 Months. This week's high - 18135 is important , above that we may initiate a move which can break the weekly range high. Below 17700 will slide to test previous swing lows. For Monday 18050 can act as a intraday resistance so if bearish price structure forms there then it can create supply zone there. Important support in the downside below 17760. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 17955 then we will long for the target of 18005 and 18050. For selling we need a 15 Min candle close below 17880. T- 17820 and 17760. 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 17 Feb 2023NIFTY Intraday Trade Setup For 17 Feb 2023 Buy-Above 18101 Sl-18050 T-18168 18235 Sell-Below 18000 Sl-18050 T-17905 17837 NIFTY has closed has closed on a flat note with just 20 points gain. Today it opened with a decent gap up , directly at our 1st target which was also a PRZ area. As usual it fell from PRZ area. The momentum was quite slow due to low VIX. However momentum was better than BANKNIFTY. Later 10 o'clock range broke downside and gave 60 points gain. It has closed near day low so below today's low it can slide. If it sustains above 18100 then it will test higher levels. Comin to Friday's trade setup, if index opens flat and a 15 Min candle closes above 18101 then we will long for the target of 18168 and 18265. For selling we need a 15 Min candle close below 18000.T- 17905. Below 17900 it will hit 17837 and extended T- 17763. 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 16 Feb 2023NIFTY Intraday Trade Setup For 16 Feb 2023 Buy-Above 18035 Sl-17985 T- 18115 18228 Sell-Below 17900 Sl-17950 T- 17837 17770 NIFTY has closed once again on a bullish sentiment with 0.48% gain. Last day it was told that above today's high bullish sentiment will continue, so has happened. Today market opened slight gap down and sell triggered below 17895. It gave 40 points and then immediately morning star - 'stop n reverse' formed in 15 Min TF and it was updated to avoid the short trade. Later 10 o'clock range broke upside above 17906 and made a high of 18030. This trade gave more than 120 points with just 35 points sl. Mid way long triggered as per trade setup also and hit 1st target. Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 18035 then we will long for the target of 18115 and 18228. For selling we need a 15 Min candle close below 17900. T- 17837 and 17770. Also 17950 is important to watch before 17900. 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 15 Feb 2023NIFTY Intraday Trade Setup For 15 Feb 2023 Buy-Above 17955 Sl-17905 T- 18025 18115 Sell-Below 17895 Sl-17945 T-17837 17700 NIFTY has closed on a bullish sentiment with 0.89% gain. Today it opened slight gap up, buy triggered @17805 and made a high of 17950+. Trade hit all buy targets and gave 150 points (1:3). As it gaped up 10 o'clock range also broke upside above 17860 and with 30 points sl it gave more than 90 points gain (1:3). It has closed near day high which is a bullish sign this bullishness may continue above today's high. Below 17700 index will give a downside move in hourly TF. Chances of a big gap up/down is high due to CPI data outcome in US. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 17955 then we will long for the target of 18025, post rejection if it sustains then it will test 18115. For selling we need a 15 min candle close below 17895. T- 17837, post bounce if it slides then it may test 17770 also. 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 14 Feb 2023NIFTY Intraday Trade Setup For 14 Feb 2023 Buy-Above 17805 Sl-17955 T-17860 17915 Sell-Below 17715 Sl-17765 T- 17649 17580 NIFTY has closed on bearish sentiment with 0.48% cut. Today it opened flat and sell triggered below 17779 and made a low of 17720. This trade hit our 1st target and gave 60 points which was 1:1. Later it just consolidated between 80 points range throughout the day. Today's low is very important as bearish price structure can start to establish in hourly TF and then in daily TF. Above 17920 if sustained it will start to make bullish price structure in hourly and then in daily TF. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle close above 17805 then we will long for the target 17860 and 17915+. For selling we need a 15 Min candle close below 17715. T- 17649 and 17560-80. Till the time it is inside ranges and VIX is near 12 small targets have to be considered. 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 13 Feb 2023NIFTY Intraday Trade Setup For 13 Feb 2023 Buy-Above 17880 Sl-17830 T- 17970 18026 Sell-Below 17779 Sl-17830 T-17695 17585 NIFTY has closed on a absolute flat note last last week. Its a complete neutral closing and same sentiment was on during the whole week. No big momentum was seen as VIX crashed vertically after the Union Budget. Till now index is inside the Budget day range. As a result Inside candle has been formed in weekly charts. 1st trigger will be above/below mother candle's high/low. Monday's trade setup will be based on Friday's tight range. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 17880 then we will long for the target of 17970 and 18025. 17920 is important to be sustained. For selling we need a 15 Min candle close below 17779. However it will be week below 17800. T- 17695 and 17585. 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 10 Feb 2023NIFTY Intraday Trade Setup For 10 Feb 2023 Buy-Above 17917 Sl-17865 T-18025 18115 Sell-Below 17779 Sl-17830 T-17695 17585 NIFTY has closed a closed with a mild positive sentiment with just 0.12% gain. It has closed near day high which is a bullish sign and this may continue above today's high if sustained. Today's low is very important as it is the last swing low in 15 Min TF also this is a rejection candle's low. So good selling momentum will be seen below 17779 if sustained. Today it opened flat and sell triggered that gave almost 50 points gain ;1:1. After that index has under bull's control most of the time. Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 17917 then we will long for the target of 18025. Post rejection if sustained we ca test 18115 also. For selling we need a 15 Min candle close below 17779. T- 17695 and 17585. 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 9 Feb 2023NIFTY Intraday Trade Setup For 9 Feb 2023 Buy-Above 17900 Sl-17850 T-18000 18105 Sell-Below 17829 Sl-17880 T- 17700 17570 NIFTY has closed on a bullish sentiment with more than 0.85% gain. It has closed near day high which is a bullish sign and this bullishness will continue above today's high. Next important level will be 18000. However it has created a stretch in in 15 Min chart. Breakdown can lead to halt in the uptrend. So keep an eye on today's trendline. Today it opened almost flat and buy triggered and hit 1st target very smoothly just before the announcement. Trade gave more than 100 points ; 1:2. If market opens gap down tomorrow then analyze things after 10:30 and build trades. Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 17900 then we will long for the target of 18000 and 18105. For selling we need a 15 Min candle close below 17829. Aggressive selling will start below 17990.T- 17700 and 17570. 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 8 Feb 2023NIFTY Intraday Trade Setup For 8 Feb 2023 Buy-Above 17780 Sl-17730 T-17870 17975 Sell-Below 17650 Sl-17700 T-17545 17445 NIFTY has closed a slight bearish sentiment with 0.24% cut today. NIFTY is still inside the Budget Day's range. Tomorrow is RBI Monetary Policy at 10 AM. Safe traders should trade after the announcement as there will be volatility till 10:30. Today it opened almost flat and tested buy level but was not triggered. Later sell triggered and gave more than 40 points which was roughly 1:1. However 10 o'clock was already broken before sell level was triggered and that gave more than 75 points. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 17780 then we will long for the target of 17870 and 17975+ For selling we need a 15 Min candle close below 17650. T- 17545 and 17445. 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 7 Feb 2023NIFTY Intraday Trade Setup For 7 Feb 2023 Buy-Above 17785 Sl-17735 T-17870 17970 Sell-Below 17695 Sl-17745 T-17615 17545 NIFTY has closed on a bearish sentiment with 0.5% cut today. It is inside the range of ultra wide range of Budget day and now it is also inside yesterday's range. Total volatility contraction due to IV crash. Today It opened flat and just traded inside 10 o'clock range the whole day. 17700 which was plotted yesterday as a support was defended. We will simply use today's range (17785-17695) to build our trade the next day. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle close above 17785 then we will long for the target of 17870 and 17970+. For selling we need a 15 Min candle close below 17695. T- 17615 and 17545. 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 6 Feb 2023NIFTY Intraday Trade Setup For 6 Feb 2023 Buy- Above 17871 Sl-17820 T- 18055 18200 Sell-Below 17580 Sl-17630 T-17465 17350 NIFTY has closed on a slight bullish sentiment this week with 1.42% gain. It was clearly told ahead of budget to exit the positional trade as this budget can shake any side. Ahead of the budget the weekly range (18270 and 17760) broke downside but now it has come at the weekly range once again. Now we have to wait for fresh price action to initiate any positional trade. A perfect piercing candle has been formed in weekly charts. Above its high 17975 this will be confirmed for a bullish momentum. As of now sell view below 17350 only. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 17871 then we will long. T- 18055 and 18200+. For selling we need a 15 Min candle close below 17580. T- 17465 and 17355. 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