NIFTY Intraday Trade Setup For 22 Mar 2023NIFTY Intraday Trade Setup For 22 Mar 2023
Buy-Above 17130
Sl- 17080
T- 17215 17300+
Sell-Below 17065
Sl-17115
T- 16985 16905
NIFTY has closed on a bullish sentiment with 0.7% gain today. Today it opened with a gap up and buy triggered and hit our 1st target. 10 o'clock range also broke upside above 17087 and gave almost 40 points. In the weekend it was said that we are likely to make a bottom and before the up move we will give a pullback first. Same thing happened, on Monday we gave a pullback and after that we have started the up move and this leg can touch 17600 in the coming days.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 17130 then we will long for the target of 17215 and 17300.
For selling we need a 15 Min candle close below 17065. T- 16985 and 16905.
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.
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NIFTY Intraday Trade Setup For 21 Mar 2023NIFTY Intraday Trade Setup For 21 Mar 2023
Buy-Above 17010
Sl-16960
T-17100 17190
Sell-Below 16920
Sl-16970
T- 16830 16730
NIFTY has closed on a bearish note with 0.65% cut. Today it opened and sell triggered below 17005 and hit both our targets (17005-16830). It bounce almost from the second target which was the daily low. It has formed a hammer in daily TF. So now its high and low are very important. Above its high - 17070 the trend is very to reverse in the coming days if its high is sustained. Since its a buyer's candle so lots of sls would have been placed below its low. So below 16820 there will be severe selling which will take us to lower levels. Both the levels are very important.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 17010 then we will long for the target of 17100 and 17190.
For selling we need a 15 Min candle close below 16920. T- 16830 and 16730.
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.
NIFTY Intraday Trade Setup For 20 Mar 2023NIFTY Intraday Trade Setup For 20 Mar 2023
Buy-Above 17146
Sl-17095
T- 17270 17455
Sell-Below 17005
Sl-17055
T- 16929 16850
NIFTY has closed a on a bearish sentiment with 1.8% cut last week. Positional sell was triggered below 17760 for the target of 16650-700. Target almost achieved as low made last week is 16850.15. Now the current week is the week for a price action cluster building chances are that we can make a bottom which will be considered on a bullish PA above 17150. However in daily TF it has made consecutive halt candles so after a pullback in hourly TF if we make a proper reversal price action above 17150 then we will switch and sit in the up move which will be updated. Also below current week's low- 16850 we will resume.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 17146 then we will long for the target of 17270 and 17455.
For selling we need a 15 Min candle close below 17005. T- 16929 and 16850.
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.
NIFTY Intraday Trade Setup For 17 Mar 2023NIFTY Intraday Trade Setup For 17 Mar 2023
Buy-Above 17065
Sl-17015
T- 17145 17230
Sell-Below 16950
Sl-17000
T-16850 16744
NIFTY has took a pause in the mega down move and closed on a flat note today. It is near our first weekly sell target which is 16600-700. Low made today is 16850.15. So we are are almost near to the bottom. It has formed a (hammer) halt/reversal candle in daily TF. Above its high if sustained we will start the pullback move. And as price matures we will have the clear view and upside targets. Next round of selling will resume below 16850. Today it opened and sell triggered below 16935 and hit our 1st target (16935-16850.15).
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 17065 then we will long. T- 17145 and 17230.
For selling we need a 15 Min candle close below 16950. T- 16850 and 16744.
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.
NIFTY Intraday Trade Setup For 16 Mar 2023NIFTY Intraday Trade Setup For 16 Mar 2023
Buy-Above 17025
Sl-16975
T- 17117 17225
Sell-Below 16935
Sl-16985
T- 18840 16744
NIFTY has closed on a bearish sentiment once gain with 0.42% gain. Our 1st leg of sell has been triggered below 17760. 2nd continuation level told was 17320. Till now it running very smooth as no sign of reversal has been been seen across TFs. There will be sign of reversal when we will close above PDH or make any reversal candle in daily TF. Today it opened with a big gap up directly at our 1st buy target. 10 o'clock range broke downside below 17125 and gave a move till 16940. With 45 points sl it gave more than 180 points.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 17025 then we will long for the target of 17117. Above 17125 post rejection if we sustain then we will hit 17225.
For selling we need a 15 Min candle close below 16935. T- 16840 and 16744.
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.
NIFTY Intraday Trade Setup For 15 Feb 2023NIFTY Intraday Trade Setup For 15 Feb 2023
Buy-Above 17080
Sl-17030
T- 17185 17270
Sell-Below 16985
Sl-17035
T-16885 16790
NIFTY has closed on a bearish sentiment with 0.65% cut. Below our sell continuation level - 17320 it has given almost 2% gain in just 2 days. It has hit 17k so we can now a pullback is very obvious. It is likely to give a bounce from 16990 which is 0.886 in daily TF. If this move matures then it can test 17600 also but the bullish structure has to be intact and has to safeguard PDL. This will be best on flat opening. Today it opened flat and sell triggered below 17110 and hit our 1st target - 16890 very smoothly.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 17080 then we will long for the target of 17185 and 17270.
For selling we need a 15 Min candle close below 16985. T- 16885 and 16790.
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.
NIFTY Intraday Trade Setup For 14 Mar 2023NIFTY Intraday Trade Setup For 14 Mar 2023
Buy-Above 17200
Sl-17150
T- 17290 17380
Sell-Below 17110
Sl-17160
T- 16995 16887
NIFTY has closed on a bearish sentiment with 1.49% cut. Today it finally hit our 1st sell target which was triggered below 17760. It was explained in the weekend that below 17320 next selling will be triggered and this move can be leg towards 16695.TSL will ne PDH on CB. 1st of all buy triggered today and hit our 1st target 17525. Later sell triggered below 17365 and hit all targets. Trade gave more than 200 points and no previous swing high was tested. A pullback can be expected now and this can pull this towards 17380 if today's low is safe and price makes a bullish structure. Down move will continue below today's low.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 17200 then we will long for the target of 17290 and 17380.
For selling we need a 15 Min candle close below 17110. T- 16995 and 16887.
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.
NIFTY Intraday Trade Setup For 13 Mar 2023NIFTY Intraday Trade Setup For 13 Mar 2023
Buy-Above 17455
Sl-17405
T- 17525 17600
Sell-Below 17365
Sl-17415
T- 17240 17147
NIFTY has closed on a bearish sentiment with 1% cut last week. On Mar 1 when NIFTY was @17450 it was updated that we are ready to give a pullback of the whole down move (starting from 18134) and that that pullback can come till 17800. It gave perfect and dot level pullback and once again fell sharply from 17800. Now below current week's low -17320 we will continue the down move. This leg can extend till 16690. Once again sentiment halt will be seen when we will close above PDH.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 17455 then we will long for the target of 17525 and 17600.
For selling we need a 15 Min candle close 17365. Fast momentum will come below 17320. T- 17240 and 17147.
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.
NIFTY Intraday Trade Setup For 9 Mar 2023NIFTY Intraday Trade Setup For 9 Mar 2023
Buy-Above 17800
Sl-17750
T-17925 18045
Sell-Below 17690
Sl-17740
T-17600 17490
NIFTY has closed on a bullish sentiment with 0.24% gain. It has closed near day high. Above today's high bullish momentum will continue, only hurdle is 17800. Today it opened gap down and below our sell level. 10 o'clock range broke upside above 17713 and gave more than 50 points gain with good momentum. Today's low - 17600 is important as that is the hourly low below which a reversal will be seen. Above 17800 if sustained it will head higher.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 17800 then we will long for the target of 17925 and 18045.
For selling we need a 15 Min candle close below 17690. T- 17600 and 17490.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.