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NIFTY Intraday Trade Setup For 21 Nov 2022NIFTY Intraday Trade Setup For 21 Nov 2022 Buy-Above 18330 Sl-18280 T-18440 18550 18645 Sell-Below 18209 Sl-18260 T-18133 18050 17950 NIFTY closed with just a slight cut of 0.2% on Friday. The week was almost flat, ended the with just 0.23% cut. Weekly candle is a spinning top which just tells that we are in a sideways zone. Next bullish momentum will be triggered above the recent high 18450. While for selling we need a proper negative price structure in hourly and daily TF. The hourly trendline has been broken and will be confirmed below 18200. Next important support zone will be near 17950. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 18310 then we will long for the target near 18440. Above 18450 we will head towards 18550 and 18645. 18390 is midway. For selling we need a 15 Min candle close below 18209. Target will be 18133, 18050 and 17950. Index will be weak below 18250 on a 15 Min candle close. 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 21.11.2022Resistance level: 18404.60 Support level : 18217.10 ****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 18 Nov 2022NIFTY Intraday Trade Setup For 18 Nov 2022 Buy-Above 18445 Sl-18395 T-18505 18570 18645 Sell-Below 18310 Sl-18360 T-18238 18133 18050 NIFTY has closed on a slight negative note with 0.36% cut today. It was inside previous day's range till 3 PM. In the last 30 min the range was broken. For 2 days NIFTY traded within 100 points range. Lower range has been tested and will be matured below today's low- 18310. Next bullish move above 18845, will test ATH above that. Also there is very less momentum in intraday due to low VIX. Coming to Friday's trade setup, if index opens flat and a 15 min candle closes above 18445 then we will long for the target of 18505, 18570 and 18645. For selling we need a 15 Min candle close below 18310. Target will be 18238, 18133 and 18050. 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
Morning Mantra, 18th November 2022So, once again we can observe a Doji formation on the Daily chart of Nifty, which however is indicating a fight between the demand and supply and a state of confusion in the market regarding the indices next move. Besides, just as we had stated in the beginning of this week, about the hanging man formation which was indicating a weakness in the market, as per the technical parameters. While on the other hand we did also state about the positive sentiments of the market which had been indicating a new high in Nifty very soon. Altogether, due to this we are witnessing some stock specific momentum these days. Furthermore, we do need to witness a stable closing of above 18410 on a weekly basis. Which will somehow support the market for the next move on the upper side in the upcoming week. Meanwhile, with fingers crossed be stock specific and since today is the last trading day of this week so be a little bit cautious as well. Nifty Levels 15270-15400-15580-15800  -16200-16350-16700-17300 -17800  -18100-18350    Nifty’s Previous Day Closing - 18343.90 (-65.75) Regards,  Alok Daiya
NSE:NIFTYLong
by alokdaiya
Morning Mantra, 17th November 2022It seems that Nifty is somehow testing our patience, as it is the 2nd consecutive day, that the Index has given a closing of around 18409. Which however, has proven yesterday's Morning Mantra update to be on point, since we had already stated about the confusion that we can face in the Market. On the other hand, just like it was stated we did also observe a stock specific momentum in the Market. Besides that, as of now, even though the chart is somehow reflecting a state of confusion, the overall Market sentiments still seems to be positive. Which is why we can now observe the formation of a Doji on the daily chart. However, with this positiveness continue being stock specific and wait and watch for a new high in Nifty. Where, we are still with our words that the level of 18510 will be very crucial for the index. Nifty Levels 15270-15400-15580-15800  -16200-16350-16700-17300 -17800  -18100-18350    Nifty’s Previous Day Closing - 18409.65 (6.25) Regards,  Alok Daiya
NSE:NIFTYLong
by alokdaiya
NIFTY Intraday Trade Setup 17 Nov 2022NIFTY Intraday Trade Setup 17 Nov 2022 Buy-Above 18445 Sl-18395 T- 18505 18570 18645 Sell-Below 18344 Sl-18395 T-18280 18210 18135 NIFTY has closed on a absolute flat note with just 6 points gain. It was total consolidation between 18345 and 18440. This intraday range is less than 100 points. This is due to volume and VIX drop. Its been the case since last week itself. Today buy triggered but could not sustain a single 15 Min candle. We will simply use today's high and low to build our trade for the next day. Above today's high we are likely to hit ATH only hurdle in between is 18500. Below today's low we are likely to test 18135 only hurdle in between is 18280. Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 18445 then we will long for the target of 18505, 18570 and 18645. For selling we need a 15 Min candle close below 18344. Target will be 18280, 18210 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.
NSE:NIFTY
by Omahto
Nifty intraday levels for 17.11.2022Resistance level: 18448.40 Support level : 18348.10 ****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 16 Nov 2022NIFTY Intraday Trade Setup For 16 Nov 2022 Buy-Above 18430 Sl-18380 T-18550 18645 Sell-Below 18280 Sl-18330 T-18210 18105 NIFTY has closed on positive note with 0.41% gain. It gained in the last 1 hour and closed at day high. Initially sell triggered as per trade setup and gave 30 points later updated to trail sl to cost which was hit. But that was the last swing high in 5 Min TF in the down move, above which reversal was bound to come. As the last swing high was broken it started moving up meanwhile buy triggered as per trade setup and that gave almost 50 points. Coming to Wednesday's trade setup, if index opens flat and a 15 min candle close above 18430 then we will long for the target of 18550 and 1864;18500 is mid way. For selling we need a 15 min candle close below 18280. Target will be 18210 and 18105. Index will be weak below 18350, have a keen observation on price action at this level. 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
Morning Mantra, 15th November 2022Good Morning, We are glad that we could pre-update you about being cautious, after having witnessed the formation of a hanging man pattern on the weekly chart of Nifty. Since, yesterday itself we had witnessed that somehow even after Nifty's attempt of a beautiful gap up opening, we ultimately got to witness a supply pressure at the upper levels, towards the end of the day. Thereby, proving our expectations to be on point once again. While, on the other hand, we did also observe a good stock specific momentum in the Market, yesterday. So, as of now, with the stated support levels of 18040-17800 continue being stock specific until Nifty gets ready to make a closing of above 18510. Nifty Levels 15270-15400-15580-15800  -16200-16350-16700-17300 -17800  -18100-18350    Nifty’s Previous Day Closing - 18329.15 (-20.55) Regards,  Alok Daiya
NSE:NIFTY
by alokdaiya
NIFTY Intraday Trade Setup For 15 Nov 2022NIFTY Intraday Trade Setup For 15 Nov 2022 Buy-Above 18376 Sl-18325 T-18455 18550 18645 Sell-Below 18310 Sl-18360 T- 18210 18105 18025 NIFTY has closed on a flat note with with just 20 points cut. It has closed near low which a slight negative sentiment which was created in the last hour. Today buy triggered as per trade setup but could not hold itself and turned sideways. There are only few stocks such as HDFC Twins and few others which are holding index while rest of them are in decline phase. This is the reason of a dead momentum in intraday. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 18376 then we will long for the target of 18455, 18550 and 18645. For selling we need a 15 Min candle close below 18310. Target will be 18210, 18105 and 18025. 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
2
Nifty intraday levels for 15.11.2022Resistance level: 18398.55 Support level : 18312.35 ****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 idea 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, 14th November 2022Good Morning! Just as we had been stating during the previous week, about the overall market sentiments being positive, similarly we did also observe a beautifully positive closing in Nifty on the last trading day, which was around 18349.70 (+321.50). Well for this week, the formation of a hanging man pattern on the weekly chart of Nifty, is somehow indicating to us that this week can be a little crucial for the market. Besides, a closing of above 18510 on a weekly basis, will once again be a very crucial event, as the market is very near to its last high. So, as of now with the weekly support range of 18040-17800, be cautious and be stock specific. Nifty Levels 15270-15400-15580-15800  -16200-16350-16700-17300 -17800  -18100-18350    Nifty’s Previous Day Closing - 18349.70 (321.50) Regards,  Alok Daiya
NSE:NIFTY
by alokdaiya
NIFTY Intraday Trade Setup For 14 Nov 2022NIFTY Intraday Trade Setup For 14 Nov 2022 Buy-Above 18365 Sl-18315 T- 18450 18550 18645 Sell-Below 18305 Sl-18355 T-18205 18105 18025 NIFTY has given a bold bullish close on Friday, it closed with 1.78% gain at last day. Our swing long position is intact which was triggered on 18 Oct @ 17430 for the target of 18645+. After hitting our our 1st mini target (18100) we have changed our trailing method from PDL to last swing lows in daily TF. As of now the last swing low is 17950, we can start shifting gradually. We are close to our target , chances are that we will hit in this week itself. For any kind of reversal we need a bearish price structure (M) in daily TF. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 18365 then we will long for the target of 18450, 18550 and 18645. Keep strict trailing as per RR. For selling we need a 15 Min candle close below 18305. Target will be 18205, 18105 and 18025. 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 14.11.2022Resistance level: 18386.25 Support level : 18309.05 ****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 idea 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 Support and resistance levels for Oct-Nov 2022Resistance level: 18330 Support level: 16969 Neutral Zone: 17876-17423 If candles are consolidating in neutral zone, wait for the breakout either one side. If candles are break or sustaining above Neutral zone, we can expect upside move and the targets will be resistance level, Target1 and target2 as mentioned in chart If candles are break or sustaining below Neutral zone, we can expect downside move and the targets will be support level, Target1 and target2 as mentioned in chart 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
2
NIFTY Intraday Trade Setup For 11 Nov 2022NIFTY Intraday Trade Setup For 11 Nov 2022 Buy-Above 18065 Sl-18010 T-18135 18213 18300 Sell-Below 17969 Sl-18020 T- 17865 17785 NIFTY closed on a negative sentiment with 0.71% cut today. A neutral doji has been formed in daily TF. Till now our swing long position is intact as our TSL - 17950 is not yet breached. . Below this level structure will be changed to downside. We have already planned the target as a fresh ATH. View is intact; invalidation is only below 17950. Today it opened below our sell level via gap up , but as per 10 o'clock range sell triggered below 18040 and gave a move till 17970. Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 18065 then we will long for the target of 18135, 18215 and 18300. For selling we need a 15 min candle close below 17969. Target will be 17865 and 17785. Chances of a big gap up is high due to US CPI numbers. 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 11.11.2022Resistance level: 18041.95 Support level : 17985.20 ****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 idea 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, 10th November 2022Just as we had stated yesterday, about the doji formation on the day and weekly chart pattern and about its indication for cautiousness. Likewise, we witnessed the same in yesterday's trading session itself. Where even after a beautiful gap up opening in Nifty we had observed a significant supply pressure in the Market. However, the overall market sentiments still seem to be positive with the support level of 17800. Besides, we can see that the Market is very stock specific nowadays. Moreover, as it's a Result Season we have to continue with this stock specific strategy for another 1-2 weeks. So, with the support of 17800, continue being stock specific as of now, and keep cheering for Team India Today! Nifty Levels 15270-15400-15580-15800  -16200-16350-16700-17300 -17800  -18100-18350    Nifty’s Previous Day Closing - 18157 (-45.80) Regards,  Alok Daiya
NSE:NIFTYLong
by alokdaiya
NIFTY Intraday Trade Setup For 10 Nov 2022NIFTY Intraday Trade Setup For 10 Nov 2022 Buy-Above 18215 Sl-18165 T- 18300 17375 Sell-Below 18115 Sl-18165 T-18035 17950 NIFTY closed on a slight negative note with 45 points cut today. It opened with a small gap up but did not sustain above our buy level, 15 Min candle did not close. Later 10 o'clock range broke downside below 18204 and gave move till 18120. This trade gave more than 80 points profit. On this way our sell level was also triggered. We are still closing above PDL. Index will be weak below PDL and there can some profit booking when rising wedge pattern in hourly TF will give a breakout. Coming to Thursday's trade setup, if we open flat and a 15 Min candle closes above 18215 then will long for the target of 18300. Above 18300 we will hit 17375 and 18500+. For selling we need a 15 min candle close below 18115. Target will be 18035 and 17950. Below 17940 we will fill the gap created on 31 Oct. 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 10.11.2022Resistance level: 18220.20 Support level : 18044.15 ****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 idea 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
1