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
Niftyforecast
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.
Nifty intraday levels for 30.11.2022Resistance level: 18665
Support level : 18570.85
****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
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NIFTY Intraday Trade Setup For 29 Nov 2022NIFTY Intraday Trade Setup For 29 Nov 2022
Buy-Above 18615
Sl-18565
T-18695 18775 18855
Sell-Below 18545
Sl-18595
T-18445 18365 18295
NIFTY has closed on a positive note with 0.27% gain today. It made a fresh ATH today. Our swing long target triggered on 18 Oct 2022 @ 17430 was hit today. One can book some profit in this zone or trail tightly with TSL as last swing lows in hourly and daily TF. Today it opened with a decent gap down. Later 10 o'clock range broke upside @18550 and gave a good move till 18614, more than 60 points gain. RR was good in this trade; 1:3 was achieved.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 18615 then we will long for the target of 18695, 18855 and 18930.
For selling we need a 15 min candle close below 18545. Target will be 18445, 18365 and 18295.
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 29.11.2022Resistance level: 18623.90
Support level : 18491.90
****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
NiftyThe global market indicates a negative start. as per the structure, the market nature is bullish to neutral. We have already discussed that Nifty and BankNifty structures differ from each other. Nifty has bullish sentiment and BankNifty has bearish sentiment. hence, the market may act based on that which is dominant here. and another one will take consolidation.
NIFTY Intraday Trade Setup For 28 Nov 2022NIFTY Intraday Trade Setup For 28 Nov 2022
Buy-Above 18535
Sl-18485
T-18655 18775
Sell-Below 18445
Sl-18495
T- 18365 18290
NIFTY closed with winning streak this week. It has closed with more than 1% gain this week. On Friday it closed almost flat but near day high; a sign of bullish sentiment. We had taken long position @ 17430 for the target of 18645+. This was triggered on 17 Oct 22. We have been trailing sl as market is moving. As of now our TSL is the last swing low in daily TF- 18130. Anyways we are at striking distance from our target. Very smoothly we have gained more than 6% in 30+ days.
Coming to Monday's trade setup, if index opens flat and a 5/15 Min candle closes above 18535 then we will long for the target of 18655 and 18775. BTW 18605 is the 1st target as it is important.
For selling we need a 15 Min candle close below 18445. Target will be 18365 and 18295.
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 Daily Levels Update For Option Day Trading for 28 Nov Nifty One Hour Chart Analysis For Intraday Trading
Nifty Down Side Targets / Nifty Support Zones -
First Support Zone For Nifty - 18442 -18455
Second Support Zone For Nifty –18379 - 18385
Third Support Zone For Nifty – 18298 - 18314
Nifty Up Side Targets / Nifty Resistance Zones -
First Resistance Zone For Nifty - 18540 -18528
Second Resistance Zone For Nifty - 18604 -18590
Importent Signal from Nifty Option Chain -
PCR ratio as per Option Chain Analysis – 1.05 ( Bullish )
Max Pain As per Option Chain Analysis – 18500
Major Support as Per Nifty Open Interest Analysis - 18500 & 18300
Major Resistance as Per Nifty Open Interest Analysis - 18500 & 19000
India Vix Closing - 13.33
Nifty intraday levels for 28.11.2022Resistance level: 18563.90
Support level : 18451.60
****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 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
NiftyThe global market indicates a neutral start. The market nature is bullish. The market may start a little bit of gap-down, if the market breaks the previous day's high, we expect a rally continuation with little consolidation. On the other hand, if the market breaks the bottom of the pullback sharply, we expect consolidation for a correction.
NIFTY Intraday Trade Setup For 25 Nov 2022NIFTY Intraday Trade Setup For 25 Nov 2022
Buy-Above 18530
Sl-18480
T-18655 18775
Sell-Below 18400
Sl-18450
T-18295 18210
NIFTY has closed with a positive note with 1.19% gain today. It was trending since morning. Buy triggered as per trade setup @ 18326 and hit both targets. Also the range (18450-18130) broke upside which was valid since last 4 days. The buy trade gave more than 200 points gain. No trailing sl was hit in 5 Min chart. It was slow and steady move except the last 30 min. Gain in NIFTY is contributed majorly by IT stocks. We will hit fresh ATH tomorrow most probably.
Coming to tomorrow's trade setup, if index opens flat and a 15 Min candle closes above 18530 then we will long for the target of 18655. Above which we will hit 18775 and 18930.
For selling we need a 15 Min candle close below 18400. Target will be 18295, 18210 and 18130.
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 25.11.2022Resistance level: 18648.85
Support level : 18362.90
****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
Intraday Nifty Anaysis Expiry DayHey All,
welcome to my Nifty Analysis,
here i have made some view about nifty moves.
Indiavix is still below 15, that means not good trade for CE or PE buyers.
Have to take trade on selling.
It just my view, if its working fine will update you.
Kindly follow and like the button,
So that you will get to know best Trade Setup and Learn more.
Every Day we learn new Setup and Strategy.
Be a good learner as me!
Thanks
and Let see Where the market Goes.
Defining-
Support are where the buyers are waiting, i have seen below also some demand zone,
I have market that too, as per me!
it goes below. and while typing is moving downwards!
better to publish this quickly,
will do comment if there is any update!
Thanks Again!
NiftyThe global market indicates a positive start. the market nature is neutral to slightly bullish. if the market breaks the previous day high, then we will expect a rally continuation. On the other hand, if the market breaks the previous day closing price, then we will expect the range-bond market to correction continuation.
Morning Mantra, 24th November 2022Since we have been observing that from the last 2 days, Nifty has been trading in a consolidation zone, thereby let us consider today as a No Trade Day!
Moreover, since today is the monthly expiry, so let us wait and watch for a clear cut indication from the Market.
Nifty Levels 15270-15400-15580-15800
-16200-16350-16700-17300 -17800
-18100-18350
Nifty’s Previous Day Closing - 18267.25 (23.05)
Regards,
Alok Daiya
NIFTY Intraday Trade Setup For 24 Nov 2022NIFTY Intraday Trade Setup For 24 Nov 2022
Buy-Above18326
Sl-18275
T-18335 18445
Sell-Below 18245
Sl-18295
T-18195 18135
NIFTY has closed on a flat note with a slight gain of 20 points today. It was a Open=High day which created a bearish sentiment and at the time of closing it closed at day low. Our TSL for swing long (triggered @ 17430 on 18 Oct) is 17950 which is the last swing low in daily TF. Now shift the TSL to 18130 as it is the last swing low now. As of now range is 18450 and 18130. Breakout of this range will trigger the next move either side.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 18326 then we will long for the target of 18385 and 18445.
For selling we need a 15 Min candle close below 18245. Target will be 18195 and 18135.
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 24.11.2022Resistance level: 18330.70
Support level : 18260.85
****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 daily analysis for 24/11/22.The market has formed a negative candle on the daily time frame.
After a gap up opening, the market came for selling and has taken support from 20 ema during the closing hour of the trading session.
The market is not for intraday trading as the market keeps on consolidating and giving move during the last hour.
On 15 minute time frame, the candle crossed the 20 ema and is taking support from 200 ema.
Support :- 18250, 18200, 18120
Resistance :- 18325, 18385, 18440
Nifty has filled the gap formed by the gap up and has closed near the day low.
Wait for the price action near the level before entering the markets.
Morning Mantra, 23rd November 2022Just as we had stated yesterday about the positive sentimental rally towards the level of 18500, similarly we could also observe a healthy closing in Nifty with a positive 84.25 points, yesterday.
On a positive note, we can now observe a beautiful bullish harami formation on the day chart of Nifty, along with a Doji formation on the weekly chart (as of now) . Which altogether is indicating a positive reversal from here.
So, as of now with these positive formations on the chart, we are quite positively hopeful for the level of 18500.
In the meanwhile, be stock specific, start following the cherry picking strategy with the support level of 17800.
Nifty Levels 15270-15400-15580-15800
-16200-16350-16700-17300 -17800
-18100-18350
Nifty’s Previous Day Closing - 18244.20 (84.25)
Regards,
Alok Daiya