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NIFTY Intraday Trade Setup For 17 Jan 2023NIFTY Intraday Trade Setup For 17 Jan 2023 Buy-Above 17945 Sl-17895 T- 18050 18150 Sell-Below 17850 Sl-17900 T- 17765 17675 NIFTY has closed a slight bearish sentiment with 0.34% cut today. It opened with a slight gap up today and then fell from opening levels. We already planned that we will trade 10 o'clock range in case of gap up/down. 10 o'clock range broke downside below 17942 and gave more than 80 points which was more than 1:2. It was mentioned in the previous day trade setup that 17970 can act as a support; more than 70 points bounce was seen. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 17945 then we will long for the target of 18050. Above 18050 we will hit 18150+. 18k is mid way. For selling we need a 15 Min candle below 17850. T- 17765. Below 17760 we will hit 17675 and below. 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
FASP levels for Bank Nifty 17/01/2023The FASP for BankNifty is listed for 17-1-2023 . You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: 1 Day How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:NIFTY
by SathishChandrasekaran
NIFTY Intraday Trade Setup For 16 Jan 2023NIFTY Intraday Trade Setup For 16 Jan 2023 Buy-Above 18000 Sl- 17950 T- 18073 18157 Sell- Below 17934 Sl-17980 T-17869 17815 NIFTY has closed on a bullish sentiment with 0.55% gain on Friday. Weekly trade setup and analysis has been shared already. Important levels discussed were 17760 and 18270. Breakout of this range will give us the next directional move. 500 points will be the initial target after breakout. On Friday we have seen a sharp recovery from day low. It has closed near day high is a sign of bullishness. This bullishness will continue above 18000. For selling we need to be a bit safe till bearish structure establishes as a strong trend has been established in 15 Min TF. 0.382 will act as a confluence on dip. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 18000 then we will long for the target of 18073 and 18157. For selling we need a 15 Min candle close below 17930. T- 17869 this can act as a strong support as it is 0.58 FIB level. Post bounce if we slide the we will hit 17815. 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 - Contraction Burst (Weekly View)After A sharp up move from 15200 zone index gave almost 24% rally from bottom. After a trendy move index has declined 5% from top- 18800+. It has been trading in range since last 3 weeks; almost a month. The range is 18270 and 17760. This range has been formed in weekly TF. Looking at the weekly candles we can clearly sense that contraction has happened for a month. Contraction burst is likely to happen in the coming week on this range breakout. Now lets look at the target projections on each case. If range breaks downside below 17760 then we will test 17700 in between 17165 will be short term base/support. Weekly TF Daily TF Now if range breaks upside above 17270 the we will test 17900. Then if 17900 is sustained then there will breakout in monthly TF and we will test 17661 and 20000. Weekly TF Daily TF After breakout previous swing low/high in daily TF will be sl either side.
NSE:NIFTY
by Omahto
FASP levels for Nifty 16/01/2023 The FASP for Nifty is listed for 16-1-2023 . You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: 1 Day How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:NIFTYLong
by SathishChandrasekaran
NIFTY Intraday Trade Setup For 13 Jan 2023NIFTY Intraday Trade Setup For 13 Jan 2023 Buy-Above 17870 Sl-17820 T-17990 18140+ Sell-Below 17760 Sl-17810 T-17672 17565 NIFTY has closed on slight bearish sentiment with 0.21% cut. Sell triggered as per trade setup below 17865 and hit our target. This trade gave more than 100 points gain (17865- 17762). A hammer has formed exactly at important daily swing low. Above its high 17950 hammer effect will be seen; we can rally from this point. Since its at important daily low and hammer can be spotted so below its low- 17760 aggressive selling can be seen and swing sell can be planned. Rest for swing we will analyze in the weekend. Coming to Friday's trade setup, if index opens flat a 15 Min candle closes above 17870 then we will long for the target of 17790-18k an above 18k we will test 18140-50. For selling we need a 15 Min candle close below 17760. T- 17672 and 17565. 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 12 Jan 2023NIFTY Intraday Trade Setup For 12 Jan 2023 Buy-Above 17940 Sl-17890 T- 18020 18095 Sell-Below 17865 Sl-17915 T-17775 17673 NIFTY has closed on a flat note today with just 18 points cut. It was just too volatility in the 1st 1 hour. Market opened and fell more than 100 points and then sharp recovery of 150 points. It was updated to trail sl strictly as sell triggered as per trade setup. Those who could trail on time would have saved themselves with the unusual sharp moves. Later it just consolidated between a tight range of 75 points (17940-17865). Breakout of this range would decide the next trend. However above today's high and low will be important after the 75 points range breakout. Coming to Thursday's trade setup, if index opens flat and a 15 Min candle close below 17865 then we will short for the target of 17775-800. Below 17770 we will test 17670. For selling we need a 15 Min candle close above 17940. T- 18020 and 18090-100. 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
FASP levels for Nifty 11/01/2023The FASP for Nifty is listed for 12-1-2023 . You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: 1 Day How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:NIFTYLong
by SathishChandrasekaran
NIFTY Intraday Trade Setup For 11 Jan 2023NIFTY Intraday Trade Setup For 11 Jan 2023 Buy-Above 17975 Sl-17925 T- 18060 18145 Sell-Below 17855 Sl-17905 T- 17755 17655 NIFTY has closed on a bearish sentiment today with 1.03% cut. Today it opened flat and sell triggered in the 1st 45 Min as per trade setup. Sell triggered below 17995 and hit our 1st target very smoothly. This trade gave more than 130 points which was more than 1:2. Important level is 17770 in daily TF. Sustaining below this would lead to more fall in the coming days. 18270 is the major swing high in daily TF. Sustaining above this will lead to up move in the coming days. In between its just sideways momentum. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 17975 then we will long for the target of 18060 and 18145. For selling we need a 15 Min candle close below 17855. T- 17755 and 17655. 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
FASP levels for Nifty 11/01/2023The FASP for Nifty is listed for 11-1-2023 . You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: 1 Day How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:NIFTY
by SathishChandrasekaran
NIFTY Intraday Trade Setup For 10 Jan 2023NIFTY Intraday Trade Setup For 10 Jan 2023 Buy-Above 18145 Sl-18095 T-18265 18385 Sell-Below 17995 Sl-18045 T- 17870 17770 NIFTY has closed on a bullish sentiment with 1.35% gain today. Today it opened gap up. It hit all buy targets as per trade setup but did not come till entry level due to strong gap up momentum. 10 o'clock range broke upside and gave almost 70 points. Update was shared that it is going to test the Half bat from lover levels itself and that di happen. Bullish sentiment likely to continue above today's high - 17145. Breakdown of 17995 can initiate a leg in the downside. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 18145 then we will long for the target of 18265 and 17385. For selling we need a 15 Min candle close below 17995. T- 17870 and 17770. 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
FASP levels for Nifty 10/01/2023The FASP for Nifty is listed for 10-1-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: 1 Day How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:NIFTYLong
by SathishChandrasekaran
NIFTY Intraday Trade Setup For 09 Jan 2022NIFTY Intraday Trade Setup For 09 Jan 2022 Buy-Above 17885 Sl-17835 T- 17980 18080 Sell-Below 17795 Sl-17845 T-17690 17575 NIFTY has closed on a bearish sentiment on last day and last week. Last week it ended with 1.36% cut. Once again an inside candle has been formed in weekly TF. So in weekly chart contraction can be sensed. Now breakout of the mother candle's high and low will lead to next contraction burst. If low- 17770 is broken then we will test 16695; mid way target is 17165. Above mother candle's high- 18270 we will test 18650 and 18900. In daily TF this levels look more crystal clear as they are major swing right now. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 17885 then we will long for the target of 17980 and 18080. For selling we need a 15 min candle close below 17795. T-17690 and 17575. 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
FASP levels for Nifty 09/01/2023The FASP for Nifty is listed for 09-1-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: 1 Day How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:NIFTYLong
by SathishChandrasekaran
NIFTY Intraday Trade Setup For 6 Jan 2023NIFTY Intraday Trade Setup For 6 Jan 2023 Buy-Above 18010 Sl-17960 T-18130 18250+ Sell-Below 17890 Sl-17940 T-17769 17645 NIFTY has once again closed on a slight bearish sentiment with 0.28% cut. Last day we discussed that index is likely to maintain the bearish stance below PDL so has happened. Market opened with slight gap up and then sell triggered below 18020 on a 15 Min candle close. It hit almost both the targets. It gave more than 120 points gain (18020-17893). Once again bearish sentiment will continue below today's low. There can scenario of reversal if the trendline potted is sustained above 18010. Coming to Friday's trade setup, if index opens flat and a 15 Min candle close below 17890 we will short for the target of 17769. Post bounce if we break the low we will test 17645. For buying we need a 15 Min candle close above 18010. A pullback is needed. T-18130 and 18250+ 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
FASP Levels for Nifty 06/01/2023The FASP for Nifty is listed for 06-1-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: 1 Day How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:NIFTY
by SathishChandrasekaran
Nifty intraday levels for 06.01.2023Resistance level:18054.40 Support level : 17942.80 ****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 consolidating in buy zone or sell zone, wait for the breakout If candles are sustaining or break below support level , we can expect downside move and the targets will be fib retracement levels as per chart. If gap up or gap down opening, fib retracement levels will act as the support or resistance *** For quick scalping use 5-minute time frame***** Note: Pls check my previous day ideas for back testing & better understanding Please let me know in comment section if you have any queries and like the idea If you agree with the analysis. Disclaimer: Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research
NSE:NIFTY
by AATHIE
NIFTY Intraday Trade Setup For 5 Jan 2023NIFTY Intraday Trade Setup For 5 Jan 2023 Buy-Above 18135 Sl-18085 T- 18206 18275 Sell-Below 18020 Sl-18070 T-17945 17867 NIFTY has closed on a bearish sentiment with more than 1% cut. It was weak since opening. As soon as the 1st 15 Min candle's low broke index fell non-stop. That 15 Min candle was a price rejection candle that is why double force move came. As per trade setup, sell triggered below 18205 and hit all targets (extended also). This trade gave more than 180 points gain. Index has closed near day low which is a bearish sign. Index can slid towards 17950 and 17800 if today's low is breached and sustained. Important level for next upside momentum is 18270. Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 18135 then we will long for the target of 18206 and 18275. For selling we need a 15 Min candle close below 18020. T-17945 and 17870. 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 levels for 05.01.2023Resistance level:18132.35 Support level : 17951.80 ****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 consolidating in buy zone or sell zone, wait for the breakout If candles are sustaining or break below support level , we can expect downside move and the targets will be fib retracement levels as per chart. If gap up or gap down opening, fib retracement levels will act as the support or resistance *** For quick scalping use 5-minute time frame***** Note: Pls check my previous day ideas for back testing & better understanding Please let me know in comment section if you have any queries and like the idea If you agree with the analysis. Disclaimer: Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research
NSE:NIFTY
by AATHIE
FASP Levels for Nifty 05/01/23The FASP for Nifty is listed for 05-1-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: 1 Day How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:NIFTYShort
by SathishChandrasekaran
NIFTY Intraday Trade Setup For 4 Jan 2023NIFTY Intraday Trade Setup For 4 Jan 2023 Buy-Above 18255 Sl-18205 T- 18322 18400 Sell-Below 18205 Sl-18255 T-18138 18074 NIFTY has closed almost on a flat note with slight gain of 0.19%. It has closed near day high which is showing strength. Last day also it closed near day high. This bullish sentiment will burst out above 18270, it is the high of the mother candle (inside candle). Index can turn bearish below today's low if sustained below. Keep an close eye on the trendline plotted with the last swing low. Today buy triggered above 18220 then it was updated to trail sl which was hit (C2C). Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 18255 then we will long for the target of 18322 and 18400. Extended target - 18500. For selling we need a 15 Min candle close below 18205. T- 18138 and 18074. Extended target- 17955. 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
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