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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
NIFTY Intraday Trade Setup For 16 Dec 2022NIFTY Intraday Trade Setup For 16 Dec 2022 Sell_1 - From 18565 Sl-18615 T-18475 18390 Sell_2- Below 18385 Sl-18435 T-18255 18129 NIFTY has closed on negative sentiment with 1.32% cut. Last day we discussed about the tiny spinning top candle formed in daily TF. It was a simple planning to trade the neutral candle on range breakout. Low broke and we saw a free fall in index. Sell triggered as per trade setup @ 18630 and hit all the mentioned and plotted targets. This trade gave more than 220 points gain without hitting any trailing sl on spot. Bearish sentiment likely to continue below its low and we can test last swing low 18100. Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes below 18385 then we will short for the target of 18255 and 18129. In case we open gap up and 18565 is tested in the 1st 45 Min then we will short from there for the target of 18475 and 18390. 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
NIFTY 50 ANALYSIS ( WEAK SENTIMENTS SHORT OPPORTUNITY)As you can see from the charts of nifty 50 on daily time frame it is forming a bearish abandoned baby pattern which is bearish in nature. nifty 50 may show weakness in coming days as global sentiments are also on negative side short opportunities are formed if nifty 50 breaks the level of 18400-18350. on further analysis it is also seen that nifty 50 have breached the 50 ema support it adds to the weakness of nifty 50 buying can only be seen if nifty 50 bounces from current levels and sustains it for a day or two.
NSE:NIFTYShort
by vaibhavus
NIFTY 50 ANALYSIS for 15 Dec 2022 (Short opportunity)Nifty 50 has formed bearish spinning top candle on daily time frame. further in 15 mins time frame we can see that 18650 is an important support level for nifty. if nifty breaks the previous day low that is 18630 initiate short position with target of 18550-18500 also see global markets nifty may open in gap up and come into selling pressure in the second. take your trades based on the given levels. if nifty opens gap up and breaks 18700 then buying can be seen if side ways no trade if it breaks 18630 short...
NSE:NIFTYShort
by vaibhavus
NIFTY Intraday Trade Setup For 15 Dec 2022NIFTY Intraday Trade Setup For 15 Dec 2022 Buy-Above 18700 Sl-18650 T-18800 18900 Sell-Below 18630 Sl-18680 T-18560 18480 NIFTY has closed with slight positive gain of 0.28%. Majority of the gain is contributed only by the gap up. Today is another historic day in the past few months where NIFTY traded between 60 points range. This is all because of VIX. We have been updating that till the time VIX is below 17 these type of days are common where short length move will be seen. Today it opened with a decent gap up and just consolidated. Coming to Thursday's trade setup, if index opens flat and a 15 min candle closes above 18700 then we will long for the target of 18800 and 18900. For selling we need a 15 Min candle close below 18630. Target will be 18560 and 18480. Post bounce from 18480 zone if the recent swing low will be broken then we can see directional move. 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 15.12.2022Resistance level:18695 Support level : 18622.45 ****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 better understanding & how it works 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 14 Dec 2022NIFTY Intraday Trade Setup For 14 Dec 2022 Buy-Above 18620 Sl-18580 T-18710 18800 Sell-Below 18560 Sl-18600 T-18490 18420 NIFTY has closed on a positive note with with 0.6% gain. Just like yesterday it has closed near day today. Last day we discussed that the positive will continue above previous day's high. So has happened. Buy triggered as per trade setup and almost hit our 1st target. This trade gave a move from 18525 to 18617. Almost 1:2 was achieved. Once again bullish momentum will continue above today's high. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 18620 then we will long for the target of 18710 and 18800. For selling we need a 15 Min candle close below 18560. Target will be 18490. Below 18490 we may slip and hit 18358 and 18290. 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 14.12.2022Resistance level:18618.40 Support level : 18558.40 ****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 better understanding & how it works 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 13 Dec 2022NIFTY Intraday Trade Setup For 13 Dec 2022 Buy -Above 18525 Sl-18475 T-18630 18720 Sell-Below 18425 Sl-18475 T-18290 18170 NIFTY has closed on a flat absolute flat note with 0.00% gain. It has closed near day high which is a positive sentiment. This positivity will continue if it sustains above today's high. Strong buying momentum have been created from today's low. So today's low is a very important , breakdown can lead to decent fall. Today Sell triggered as per trade setup but as sharp buying hit sl as per setup. But I updated to exit cost to cost. Then it just consolidated. Buy level was tested but not triggered as candle did not close. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle close above 18525 then we will long for the target of 18630. Post pullback it can test 18720. For selling we need a 15 min candle close below 18425. Target will be 18290. PDL is mid way. Next target will be 18170. 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 13.12.2022Resistance level:18551.70 Support level : 18452.40 ****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 better understanding & how it works 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 12 Dec 2022NIFTY Intraday Trade Setup For 12 Dec 2022 Buy-18515 Sl-18465 T-18615 18720 Sell- Below 18410 Sl-18460 T-18295 18195 NIFTY has has closed on a negative sentiment on Friday. Last week it was clearly told that we have given a breakout in Monthly TF and we are likely to see a pullback before any further up move. So has happened, we can spot a pullback candle in weekly TF with 1% cut. Next bullish momentum will be triggered above ATH. Inside candle (Bearish Harami) formed in weekly charts. Above and below the high and low of the mother candle will trigger the next momentum. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 18515. A pullback is must to consider this trade. Target will be 18615 and 18720. For selling we need a 15 Min candle close below 18410. Target will be 18295. Post bounce target will be 18195 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 9 Dec 2022NIFTY Intraday Trade Setup For 9 Dec 2022 Buy-Above 18625 Sl-18575 T-18720 18800 18890 Sell-Below 18525 Sl-18575 T-18415 18295 18195 NIFTY has closed with a very small gain of just 48 points which is 0.26%. An inside candle has been formed in daily TF. Above mother candle's high and low we can expect a directional move either side. It is a very rare day in the recent few months that it traded within 88 points in the whole day. Nothing triggered as per trade setup and traded inside a tight range. Breakout of this range (18625 and 18525) will give movement. Coming to Friday's trade setup, if index opens flat and a 5/15 Min candle closes above 18625 then then we will long for the target of 18720,18880 and 18890. For selling we need a 15 Min candle close below 18525. Target will be 18415, 18295 and 18195. 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 Dec 2022NIFTY Intraday Trade Setup For 8 Dec 2022 Buy-Above 18620 Sl-18570 T-17720 18800 18880 Sell-Below 18525 Sl-18575 T-18415 18295 18195 NIFTY has closed on a negative note with almost 0.5% cut. After our TSL hit on last Friday when it closed below PDL since then it has been in a profit booking mode and we can see a decline. Index can change the current sentiment when it will close above PDH. Also we have not seen any decent pullback of the whole up move which started from Oct month. I clearly told last weekend that we are likely to give a pullback before any further up move. This pullback can come till 18000-18100. Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 18620 then we will long for the target of 18720, 18800 and 18880. For selling we need a 15 min candle close below 18525.Target will be 18415, 18295 and 18195. 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 50 ANALYSIS FOR 7 DEC 2022 (SHORT opportunity)!!Looking at the global cues and SGX NIfty, Nifty 50 may open in gap down.. great short opportunity can be achieved seeing the global cues and weak market scenario A hanging man candle is formed in 15 mins tf if nifty 50 opens gap down and breaks the level 18600 initiate short position and with the target of 18550 and if it further breaks down the final target will be of 18500 **Disclaimer: this analysis is only for educational purpose and is my own view on nifty 50 and is not an investment advice please do your own research before investing**
NSE:NIFTYShort
by vaibhavus
NIFTY Intraday Trade Setup For 7 Dec 2022NIFTY Intraday Trade Setup For 7 Dec 2022 Buy-Above 18655 Sl-18605 T-18730 18800 Sell-Below 18575 Sl-18625 T-18500 18425 NIFTY has closed with a slight cut of 0.31% today. And this cut is contributed only by the gap down opening. It has closed near day high which is a sign of bullishness. This bullishness will continue only above today's high. Fun fact is that today's trading range is just 77 point which is too small. Today sell triggered as per trade setup and gave a small downside move of 45 points almost 1:1. Also it traded within 10 o'clock range. So tomorrow's trade will be on this tight range breakout. Coming to Wednesday's trade setup, if index opens flat and a 15 min candle closes above 18655 then we will long for the target of 18730 and 18800. For selling we need a 15 Min candle close below 18500 and 18425. 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 Dec 2022NIFTY Intraday Trade Setup For 6 Dec 2022 Buy-Above 18730 Sl-18680 T-18800 18880 Sell-Below 18629 Sl-18680 T-18530 18425 NIFTY has closed on a absolute flat note and but formed a hammer candle in daily TF. It was a V shape day. Morning we saw a sharp fall from opening levels and later a sharp recover was seen. Closing is near day high which is a sign of bullishness. Above today's high this bullish sentiment will continue. We can see good fall in coming days below today's low if a daily candle closes. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 18730 then we will long for the target of 18800 and 18880. Above 18890 if it sustains in 15 Min TF then we will hit 19k+. For selling we need a 15 Min candle close below 18629. Target will be 18530 and 18425. Follow proper trailing below today's 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
Nifty intraday levels for 06.12.2022Resistance level:18800.65 Support level : 18634.20 ****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 better understanding & how it works 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, 5th December 2022Good Morning! We are glad that we could pre aware our followers, about being cautious on the last trading day. As by the end of the day, on Friday, we did observe a significant supply pressure in the Market. Well for now, there’s a need to be cautious as we have entered the month of December, which is the end of the Financial Year of the FIIs. Moreover, we are still with our words that with the support level of 18400 as of now, it is a good time to review your portfolio. Whereas, on a medium term, the support level can be 17800. So, with these support levels, be quite cautious, be stock specific and maintain a balanced approach towards your portfolio. Happy Investing! Nifty Levels 15270-15400-15580-15800  -16200-16350-16700-17300 -17800  -18100-18350    Nifty’s Previous Day Closing - 18696.10 (-116.40) Regards,  Alok Daiya
NSE:NIFTY
by alokdaiya