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.
Niftyforecast
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
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.
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
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.
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
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.
NiftyThe global market indicates a positive start. market nature is slightly bullish to neutral. The market may open a gap-up and if the market declines after the gap, we expect a minor correction. It takes a minimum 23 to 38% correction wave. On the other hand, if the opening market declines sharply, it will take correction mode, it may take 38 to 50% fib correction.
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.
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.
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**
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.
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.
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
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
NIFTY Intraday Trade Setup For 5 Dec 2022NIFTY Intraday Trade Setup For 5 Dec 2022
Buy-Above 18715
Sl-18665
T-18800 18880
Sell-Below 18639
Sl-18690
T-18530 18425
NIFTY closed with a slight gain of 1% this week. Monthly and weekly candle closed above the 52 week high - 18605. Our short term long trade which was triggered on 18 Oct 2022 @ 17430 hit our projected target and our trailing sl is hit on Friday as it closed below PDL. Now we need fresh setup to trade for the short term for any side. A small pullback can be expected but we need a negative price structure in hourly and daily TF.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 18715 then we will long for the target of 18800 above which we will hit 18880. A pullback will be best suited.
For selling we need a 15 Min candle close below 18639. Target will be 18530. Below 18500 we will hit 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.
Nifty intraday levels for 05.12.2022Resistance level: 18743.60
Support level : 18649
****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
End Of Day Nifty Chart Analysis with Support and Resistance Nifty Up & Down Side Targets for Monday
Nifty Down Side Targets
First Support Zone For Nifty - 18668 - 18680
Second Support Zone For Nifty – 18583- 18605
Third Support Zone For Nifty – 18455 - 18444
Nifty Up Side Targets
First Resistance Zone For Nifty - 18780 -18768
Second Resistance Zone For Nifty - 18888 -18875
Importent Signal from Nifty Option Chain
PCR ratio as per Option Chain Analysis – 0.7 ( Bearish )
Max Pain As per Option Chain Analysis – 18700
Major Support as Per Nifty Open Interest Analysis - 18600 / 18700
Major Resistance as Per Nifty Open Interest Analysis - 18800
NIFTY Intraday Trade Setup For 2 Dec 2022NIFTY Intraday Trade Setup For 2 Dec 2022
Buy-Above 18846
Sl-18795
T- 18955 19065
Sell-Below 18775
Sl-18825
T-18865 18550
NIFTY has closed with 0.29% gain Today. This small gain is contributed by the gap up. Although it closed with positive gains but closing is near day low which is a sign of weakness. Since last 7 consecutive trading session it has been closing above PDL. There will be pause in the up move when it will close below PDL and that time we will book our swing long. Today it opened with a decent gap up and 10 o'clock range broke downside below 18829 and gave more than 50 points gain.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle close above 18846 then we will long for the target of 18955 and 19065. 19k is a psychological barrier.
For selling we need a 15 min candle close below 18775. Target will be 18665 and 18550.
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 Levels Update For Option Day Trading 01 Dec 2022 Nifty One Hour Chart Analysis For Intraday Trading
Nifty Down Side Targets
First Support Zone For Nifty - 18680 -18668
Second Support Zone For Nifty –18601 - 18609
Third Support Zone For Nifty – 18555-18544
Nifty Up Side Targets
First Resistance Zone For Nifty - 18780 -18768 ( Nifty Made new All Time High Today )
Importent Signal from Nifty Option Chain
PCR ratio as per Option Chain Analysis – 1.62 ( Bullish )
Max Pain As per Option Chain Analysis – 18700
Major Support as Per Nifty Open Interest Analysis - 18600 & 18500
Major Resistance as Per Nifty Open Interest Analysis - 18800 & 18900
NIFTY Intraday Trade Setup For 1 Dec 2022NIFTY Intraday Trade Setup For 1 Dec 2022
Buy-Above 18820
Sl-18770
T-18930 19030 19155
Sell-Below 18670
Sl-18720
T-18545 18450 18350
NIFTY has closed on a positive note with 0.75% gain. It has closed near day high. Index will have a strong momentum upside till it closes above PDL. Now next psychological level which is 19000 seems to be closer. Today it opened almost flat and buy triggered @ 18680 and gave a very fast momentum till 18816. It was triggered in the last hour. The trendline will be important to watch out which is plotted in pink.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 18820 then we will long for the target of 18930, 19030 and 19155. 19k is important.
For selling we need a 15 min candle close below 18670. Target will be 18545, 18450 and 18350.
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 30 Nov 2022NIFTY Intraday Trade Setup For 30 Nov 2022
Buy-Above 18680
Sl-18630
T-18775 18855 18930
Sell-Below 18600
Sl-18650
T-18545 18450 18365
NIFTY has closed closed on a positive note with 0.3% gain. Our swing long target hit finally! Now one can book some profit or trail. It opened flat today and buy triggered as per trade setup. Trade gave more than 1:1 slowly and steadily (18615- 18678). In the second half we saw profit booking in both the indices. This profit booking will continue below today's low.
Coming to Wednesday's trade setup, if index opens flat and a 15 min candle closes above 18680 then we will long for the target of 18775, 18855 and extended target 18930.
For selling we need a 15 Min candle close below 18600. A pullback is need before breakdown. Target will be 18545. Below this it will test 18450 and 18365.
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.