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NIFTY Intraday Trade Setup For 3 Jan 2023 NIFTY Intraday Trade Setup For 3 Jan 2023 Buy-Above 18220 Sl-18170 T- 18300 18387 Sell-Below 18120 Sl-18170 T- 18037 17955 NIFTY has closed on a bullish sentiment with more than 0.5% gain today. Today it opened almost flat and consolidated within yesterday's key levels. Nothing triggered as per trade setup. 10 o'clock range broke upside and gave more than 25 points which was more than 1:1. Bulls showed their presence in the 2nd 15 Min candle itself. They were in charge the whole day. That can be sensed even by today's closing which is near day high. Bullish sentiment likely to continue if it sustains above today's high. Important support is 18080; breakdown can lead to down move. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 18220 then we will long for the target of 18300 and 18387. For selling we need a 15 Min candle close below 18120. T- 18037 and 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
4
Morning Mantra, 2nd January 2023Wish you a very Happy New Year! This is the first Morning Mantra for the year 2023 and we are here to share with you the Market Sentiments for this week. Well, on observing the past few days, it can be seen that there’s a fight going on between the levels of 17800 and 18170. Where on one hand, as we were expecting to witness a positive closing of above 18170 on the last trading day. Unfortunately, we didn’t get such a kind of positive closing from the Market. While on the other hand, we can now observe the formation of a bullish harami pattern on the weekly chart of Nifty. Which is a good sign. So, with this bullish pattern, as well as with the support level of 17800, we are still with our positive words, i.e., to continue rebalancing your portfolio as well as to keep following the Cherry Picking Strategy. Although, it is being expected that for this week too, we can get to witness a sideways momentum in the Market. So, also be a little cautious as of now. Nifty Levels 15270-15400-15580-15800  -16200-16350-16700-17300 -17800  -18100-18350    Nifty’s Previous Day Closing :- 18105.30 (-85.70) Regards,  Alok Daiya
NSE:NIFTY
by alokdaiya
NIFTY Intraday Trade Setup For 2 Jan 2023NIFTY Intraday Trade Setup For 2 Jan 2023 Buy-Above 18210 Sl-18160 T- 18327 18490 Sell-Below 18080 Sl-18130 T-17990 17855 NIFTY has closed on bearish note on Friday with almost 0.5% cut. Monthly candle is a bit negative as it has almost engulfed the previous candle. So index will resume uptrend above this big red candle's high- 17890. Till then index is likely to be in decline phase. Weekly candle is a bullish candle which has closed at 50% of the last red candle. So trigger of bullish sentiment will be above its high and there has to be a good price structure in daily TF. Next important support for the very next day will be 17950 zone. Coming to Monday's trade setup, if index opens flat and a 15 min candle closes above 18210 then we will long for the the target of 18327, 18400 and 18490. For selling we need a 15 Min candle close below 18080. T- 17955-80. Below 17950 if sustained the we will test 17855 and 17800. 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 02/1/2023The FASP for Nifty is listed for 02-1-2023. 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
Morning Mantra, 30th December 2022So, once again yesterday we had witnessed the accuracy of technical analysis. Where on one hand, due to effectiveness of shooting star we had observed a gap down opening yesterday. On the other hand, we did also witness a beautiful bounce back in Nifty during the last Market hours. This positive bounce back, finally resulted in giving a stable closing of above 18170. Which altogether added on to the positive sentiments of the Market. For today, we can expect a beautiful positive momentum in Nifty. Which in turn, can help the index to reach our 2nd Resistance level of 18400. Furthermore, since today is last trading day of the calendar year 2022. So, we are very much positive for the market and hopeful to welcome the new year 2023 with more positivity and new highs. In the meanwhile, be stock specific and continue rebalancing your portfolio. Nifty Levels 15270-15400-15580-15800  -16200-16350-16700-17300 -17800  -18100-18350    Nifty’s Previous Day Closing :- 18191 (+68.50) Regards,  Alok Daiya
NSE:NIFTYLong
by alokdaiya
NIFTY Intraday Trade Setup For 30 Dec 2022NIFTY Intraday Trade Setup For 30 Dec 2022 Buy-Above 18230 Sl-18180 T-18327 18405 Sell-Below 18070 Sl-18120 T-18000 17950 NIFTY has closed on a positive sentiment with 0.38% gain. It has closed near day high which is bullish sentiment left for the next trading session. This bullishness will continue above today's high. A pullback is needed before breakout or else mid of the up move chances of a correction is high which will create noise for the buy trade. That pullback can come till 18139 if it opens below today's high which is 0.382 retracement of the whole impulsive move. Today sell triggered as per trade setup and gave more than 1:1. Then 10 o'clock range broke upside and gave a very good impulsive move. Coming to Friday's trade setup, if index opens flat and 15 Min candle closes above 18230 then we will long for the target of 18327 and 18405. A pullback is needed. For selling we need a 15 Min candle close 18070. T- 18000 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
NIFTY Intraday Trade Setup For 29 Dec 2022NIFTY Intraday Trade Setup For 29 Dec 2022 Buy-Above 18175 Sl-18125 T-18245 18340 Sell-Below 18065 Sl-18115 T-17959 17859 NIFTY has closed on flat note today. Closing is evident to tell the sentiment that was there in today's session- complete sideways. It traded within 105 points range the whole day. Buy triggered as per trade setup but I updated to avoid that as sideways was pretty much sensed. Daily candle is a small candle with just 105 points range. Next movement will be triggered above and below today's high and low. Coming to Thursday's trade setup, if index opens flat and a 15 Min candle close above 18175 then we will long. T- 18245 and 18340. For selling we need a 15 min candle close below 18065.T- 17959 and 17859. 18k is mid way. 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 29.12.2022 monthly -Expiry Resistance level:18173.80 Support level : 18114.95 ****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
Morning Mantra, 28th December 2022Another consecutive day of witnessing a positive movement in Nifty. However, there is a slight disappointment, as Nifty made a high of around 18150 yesterday, which was just below our stated Resistance level of 18170. Moreover, observing a Hanging Man Formation on the Day chart of Nifty, is somehow indicating that some selling pressure can be witnessed today. So, in a way Today will be quite a crucial day for the Market. Besides, we have been continuously stating that this Month of December will be very crucial and volatile for the Market. As of now, we will have to patiently wait for the levels of 18170 and 18400 on closing basis. On the other hand, 17800 will continue to be our support level. Also, on observing the ongoing momentum of Nifty, it can be stated that its range of 17800-18400 is still active. Therefore, in the meanwhile, be stock specific and continue rebalancing your portfolio. Also, you can follow the cherry picking strategy with the stated support level of 17800. Nifty Levels 15270-15400-15580-15800  -16200-16350-16700-17300 -17800  -18100-18350    Nifty’s Previous Day Closing :- 18132.30 (+117.70) Regards,  Alok Daiya
NSE:NIFTY
by alokdaiya
1
NIFTY Intraday Trade Setup For 28 Dec 2022NIFTY Intraday Trade Setup For 28 Dec 2022 Buy-Above 18150 Sl-18100 T-18240 18340 Sell-Below 18070 Sl-18120 T-17970 17870 NIFTY has closed on a positive note with decent gain of 0.65% gain. Today it was a slight gap up opening. Nothing triggered as per trade setup. Trigger levels or marked support and resistance worked very accurately. Whole day it traded between 10 o'clock range high and low. There were only 2 trades as per marked support and resistance. Early morning it was sell from resistance and later buy from support. There were evident signals on those junctures also. Weekly candle has recovered more than 50% of the last big red candle. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 18150 then we will long for the target of 18240 and 18340. For selling we need a 15 min candle close below 18070. Target will be 17970. Below 17960 we can test 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 trade Setup For 27 Dec 2022NIFTY Intraday trade Setup For 27 Dec 2022 Buy-Above 18085 Sl-18035 T- 18205 18325 Sell-Below 17960 Sl-18210 T-17868 17775 NIFTY has closed on bullish sentiment with more than 1% gain. It has engulfed previous red candle completely which is a bullish sentiment. This bullish sentiment is likely to continue to above today's high. Today market opened and buy triggered as per trade setup and agave a non stop trendy move. Buy triggered above 17885 and hit targets and gave a move till 18080+. Tomorrow's best trade will be on flat opening. Also today's low will be important support for bulls; breakdown can lead to further fall. Coming to Tuesday's trades setup, if index opens flat and a 15 Min candle closes above 18085 then we will long for the target of 18205 and 18325. For selling we need a 15 Min candle close below 17960. T- 17868 and 17775. 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 26 Dec 2022NIFTY Intraday Trade Setup For 26 Dec 2022 Buy-Above 17885 Sl-17835 T-17960 18050 Sell-Below 17775 Sl-17825 T-17710 17637 NIFTY has closed on a negative note last day and week. After our swing long target hit and we exited our longs on 2 Dec after that we have seen a sharp fall in index. Later It was updated that a Bearish Harami candlestick has been formed in weekly charts. Trigger was below 18365. After trigger it has given 550+ points gain. Hold this with TSL as PDH ; also till we spot a bullish reversal price structure in 1H TF. Next important support will be near 17500 (50+,-). Also its a non stop fall so a pullback can also come in case of pullback it can test 18200 levels, this condition will be met only with reversal setups from support zones. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 17885 then we will long. T- 17960 and 18050. For selling we need a 15 Min candle close below 17775. T- 17710 and 17637. 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 Dec 2022NIFTY Intraday Trade Setup For 23 Dec 2022 Buy-Above 18185 Sl-18135 T-18320 18410+ Sell-Below 18065 Sl-18115 T-17927 17835 NIFTY has closed on a bearish sentiment with 0.39% cut. It was trendy till 1:00 PM just like yesterday. Today market opened with with slight gap up and sell triggered below 18160 and hit our 1st target very smoothly. This trade gave more than 90 points gain. Buy level just tested but no candle closed above that. As of now we are near a short term support zone- 18000. So now whenever we will consider sell we have to be strict in trailing. Tomorrow's closing will be important for view building for the next week. Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 18185 then we will long for the target of 18320. Post pullback we can proceed towards next - 18500. For selling we need a 15 Min candle close below 18065. T-17927 and 17835. 18k will be very important to watch so trail sl strictly. 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 22 Dec 2022NIFTY Intraday Trade Setup For 22 Dec 2022 Buy-Above 18285 Sl-18235 T-18405 18500 Sell-Below 18160 Sl-18210 T-18060 17965 NIFTY has closed on a bearish sentiment with 1% cut. Today's candle is a bearish engulfing in daily charts. But we are likely to make an inside candle tomorrow i'e we are likely to trade between today's high and low. This just a possibility if today's low is safe for the 1st 45 Min. Bearish sentiment will kick in again below today's low. Today it opened with a slight gap up. update was given to trade 10 o'clock range which broke downside below 18363 and fell nonstop till 18165. Coming to Thursday's trade setup. if index opens flat and a 15 Min candle closes above 18285. We will long for the target of 18405 and 18500. For selling we need a 15 Min candle close below 18160. T- 18060 and 18965. 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 22/12/22The FASP for Nifty is listed for 20-12-2022. 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: Only valid for the intraday mentioned above. 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, Purple is either strong support or resistance and blue is regular resistance. 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 21 Dec 2022NIFTY Intraday Trade Setup For 21 Dec 2022 Buy-Above 18405 Sl-18355 T-18510 18600 Sell-Below 18300 Sl-18350 T-18210 18070 NIFTY has closed with a minor cut of 0.19%. Once again it has closed near day high with a V shape recovery in intraday. A Pinbar candle formed in daily charts which transmits bullishness. Above its high we will see good upside move. Today sell triggered below 18320 and gave parabolic move till 18205.10 o'clock range was intact till the last 15 Min of closing. Next round of selling will be triggered below 18200. Coming to Wednesday's trade setup, if index opens flat and a 15 min candle closes above 18405 then we will long for the target of 18510. Extended target will be 18600 and 18700. A pullback will be suited. For selling we need a 15 Min candle close below 18300. A pullback or consolidation needed before breakdown. T- 18210. Below 18200 proceed towards 18k. 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
NiftyThe global market indicates a slightly negative start. After the minor gap-down, if the market breaks the previous day's high, then we will expect pullback continuation. It will reach a minimum of 50 to 61% fib level. And also that's a (C) leg, so if the market rejects sharply, then we expect a correctional wave. Or if the market takes consolidation, then it will go further. On the other hand, after the gap-down market breaks the 38% zone, then we will expect range bound market to correction.
NSE:NIFTYLong
by Manickamtraders
2
NIFTY Intraday Trade Setup For 20 Dec 2022NIFTY Intraday Trade Setup For 20 Dec 2022 Buy-Above 18441 Sl-18390 T-18530 18610 Sell-Below 18320 Sl-18370 T-18245 18117 NIFTY has closed on a positive note with 0.86% gain. As we discussed last day that if PDL will be safe then will hit head higher. PDL was tested but no candle close below that. Sell _2 was planned before 10 o'clock which did not trigger but a small 35 points was seen from there. 10 o'clock range broke upside above 18325 and gave a trendy move till 18430. trade gave more than 1:2 and 100+ points gain. This bullish sentiment is likely to continue above today's high if sustained. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 18441 then we will long for the target of 18530 and 18610. A pullback is needed. For selling we need a 15 min candle close below 18320. Target will be 18245. If sustained below then we will test 18117 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
NIFTY Intraday Trade Setup For 19 Dec 2022NIFTY Intraday Trade Setup For 19 Dec 2022 Buy-Above 18441 Sl-18390 T-18530 18610 Sell_1- From 18356 Sl-18405 T-18270 18185 Sell_2- Below 18255 Sl-18305 T-18117 17977 NIFTY has closed on a negative note last day and last week. Last week our swing long target hit and we are witnessing a dot reversal from 18700 levels. Also a Bearish Harami was formed in weekly TF. That was triggered now it is active. Below today's low- 18250 we are likely to test 18000 and 17850(extended) in the coming days. An inverted hammer formed in daily TF and a follow up is candle needed now. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes below 18255 then we will short. T-18117 and 17977. In case we opened flat and PDL is safe and 18356 is tested in the 1st 45 Min then we will short. T-18270 and 18185. For buying we need a 15 min candle close above 18441. T- 18530 and 18610. 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 levels for 19.12.2022Resistance level:18336.15 Support level : 18230.60 ****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