Nifty intraday levels for 03.11.2022Resistance level: 18114.80
Support level : 18045.95
****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 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
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Niftyforecast
NiftyThe global market indicates a neutral start. the market nature is neutral to slightly bullish. if the market breaks the previous day low, then we will expect the minor correction to pull back. The important point here is that if the market breaks the previous day's lows sharply, we wait for some confirmation. On the other hand, if the market takes a sharp pullback in the opening market, we will expect a rally continuation.
Morning Mantra, 2nd November 2022Good Morning!
So Finally Nifty has beautifully achieved our predicted Target of 18100 on a closing basis, yesterday.
Well as of now, with the stop loss of 17800, Nifty is ready for a new high very soon. Which is somehow quite supported by good and positive corporate numbers.
So, Cheer Up, be positive and be stock specific.
Nifty Levels 15270-15400-15580-15800
-16200-16350-16700-17300 -17800
-18100-18350
Nifty’s Previous Day Closing - 18145.40 (133.20)
Regards,
Alok Daiya
NIFTY Intraday Trade Setup For 2 Nov 2022NIFTY Intraday Trade Setup For 2 Nov 2022
Buy-Above 18180
Sl-18130
T- 18270 18350
Sell-Below 18060
Sl-18110
T-17997 17935 17890
NIFTY has closed on a positive note with 0.74% gain today. Today our swing long target (18100) hit which was triggered @ 17430 on 18 Oct. A fantastic rally of more than 700 points captured by TSL opted i.e PDL (CB). Next target after a minor profit booking will be a fresh ATH. If profit booking starts which will be triggered when we close below PDL. We can test 17730 levels if it starts below PDL as per current data.
Let our TSL give us the alert.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 18180 then we will long for the target of 18272 and 18350.
For selling we need a 15 Min candle close below 18060. Target will be 17997, post bounce we will head towards 17935 and 17890. Index will be weak below 18100.
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 02.11.2022Resistance level:18161.20
Support level : 18052.90
****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 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
Pin Point Predictions Of Nifty For 2-11-22Hello Traders,
This is the predictions of Marking Given yesterday For Today's trade . For more details on today's price action and for tomorrow's check below. This is small bit from my side to make your trading easy and simple with prior information.
Yogesh Vats
NiftyThe global market indicates a positive start. The nature of the market is bullish. The market may open a gap-up. If the market rejects sharply at key levels, we will expect a minor correction. It takes min (23 to 38% Nifty), (Bank 38% to 61%). Otherwise, the market may continue to rally further with minor consolidation.
Morning Mantra, 1st November 2022Just in accordance to our expectations, Nifty has finally taken a beautiful breakout from its crucial Resistance level of 17800, and has successfully managed to enter in its 18s (18000) once again.
However, today’s closing will play an important role, as we will wait and watch for another day’s consecutive closing of above 17800.
18100 will be our next target as of now and in coming days 17800 will play a crucial support level for nifty.
Happy Learning & Be Stock Specific.
Nifty Levels 15270-15400-15580-15800
-16200-16350-16700-17300 -17800
-18100-18350
Nifty’s Previous Day Closing - 18012.20 (225.40)
Regards,
Alok Daiya
Nifty intraday levels for 01.11.2022Resistance level: 18054.30
Support level : 17978.70
****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
NIFTY Intraday Trade Setup For 1 Nov 2022NIFTY Intraday Trade Setup For 1 Nov 2022
Buy-Above18025
Sl-17970
T-18110 18180 18250
Sell-Below 17950
Sl-18000
T-17890 17840 17780
NIFTY has closed on a positive note with 1.27% gain. It has closed above 18000 today. Our swing target - 18100 in long side (triggered on 18 Oct @ 17430) is about to hit. One can book some profit and follow the trailing method opted i.e PDL (CB). Till now TSL is safe. Today it opened with a decent gap up and 10 o'clock range broke upside @17972 and gave a move till 18022.
Coming to tomorrow's trade setup, if index opens flat and a 15 Min candle closes above 18025 then we will long for the target for 18100-15. Next targets will be 18180 and 18250.
For selling we need a 15 Min candle close below 17950. Target will be 18890. Below which gap will be filled. So 17840 and 17780 will be the next targets.
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 31 Oct 2022NIFTY Intraday Trade Setup For 31 Oct 2022
Buy- Above 17840
Sl-17790
T-17950 18095
Sell-Below 17720
Sl-17770
T-17640 17570 17495
NIFTY has closed with a slight gain just more than 1% last week. Our swing buy position is intact which was triggered on 18 Oct 2022 @ 17430. Our 1st planned target was near 18100 and above which a fresh ATH. Our 1st target is likely to hit this coming weak. While we have opted TSL as PDL (CB) which is intact since our buy triggered (except Muhurat Day low). Weakness will come when daily candle closes below PDL.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 17840 then we will long for the target of 17950 and next target will be near 18100. Index will be bullish above 17801.
For selling we need a 15 Min candle close below 17720. Target will be 17640. Below 17635 next targets will be 17570 and 17495.
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 31.10.2022Resistance level: 17792.35
Support level : 17712.20
****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
NiftyThe global market indicates a positive start. The market nature is neutral to slightly bullish. the market may open a little bit of a gap-up, if the market breaks the previous day high, then we will expect the rally continuation with minor consolidation. On the other hand, if the market the previous day low, that's a sign of a minor correction to the range-bound market.
Morning Mantra, 28th October 2022Just as it we had stated yesterday about it being a good sign if Nifty manages to cross over the 17800 level on closing basis. Similarly, we did observe a beautiful attempt taken by Nifty as it made a high of around 17783, but unfortunately it somehow failed to cross over the same.
Also, as we had stated about our expectations on witnessing volatility in the Market, similarly we observed that after making a gap up opening, Nifty levels had gradually declined to make a low of around 17654. But then later during the last 15-20 minutes, Nifty then showed a recovery of around 100 points.
Therefore, as of now we are still with our words that on a weekly basis, if Nifty gives a closing of above 17800, then very soon we can witness the level of 18100.
Until then stay stock specific.
Nifty Levels 15270-15400-15580-15800
-16200-16350-16700-17300 -17800
-18100-18350
Nifty’s Previous Day Closing - 17736.95 (80.60)
Regards,
Alok Daiya
NIFTY Intraday Trade Setup For 28 Oct 2022NIFTY Intraday Trade Setup For 28 Oct 2022
Buy-Above 17815
Sl-17760
T-17880 17950 18020
Sell-Below 17637
Sl-17690
T- 17580 17520 17465
NIFTY has close with 0.46% gain. An inside candle has been formed in daily charts. It has formed a range of 175 points . Range is 17812 and 17635. Breakout of this range will give us a directional move. Initial target will be the height of the range i.e 170 points either side. Last day it opened with a big gap up and 10 o'clock range broke downside and gave 80 points gain.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 17815 then we will long for the target of 17880, 17950 and 18020.
For selling we need a 15 Min candle close below 17637. Target will be 17580, 17520 and 17465. Index will be weak below 17650 if a 15 Min candle closes 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.
Nifty intraday levels for 28.10.22Resistance level: 17869.70
Support level : 17638.40
****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
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
NiftyThe global market indicates a positive start. The market nature is bullish to neutral.
The market may open a big gap-up. If the market sustains, we will expect the rally continuation. On the other hand, if the opening market rejects sharply, then we will expect minor correction to major correction.
Morning Mantra, 27th October 2022Just as we had stated on the last trading day, similarly we can observe that the festival mood is still on.
Moreover, since it's a weekly clearing day today, we have to be a little cautious as some volatility can be expected in the Market.
Besides, as per the current chart setup, with the support of 17270, if Nifty manages to cross over and sustain above the level of 17800 on a weekly closing basis then we can expect to witness the new level of 18100 very soon.
However until then, be cautious and continue being stock specific.
Nifty Levels 15270-15400-15580-15800
-16200-16350-16700-17300 -17800
-18100-18350
Nifty’s Previous Day Closing - 17656.35 (-74.40)
Regards,
Alok Daiya
NIFTY Intraday Trade Setup For 27 Oct 2022NIFTY Intraday Trade Setup For 27 Oct 2022
Buy-Above 17720
Sl-17670
T-17800 17880 17950
Sell-Below 17637
Sl-17685
T- 17520 17470 17420
NIFTY has closed on a negative note with 0.42% cut on Tuesday. Last day it opened with decent gap up and triggered sell as per trade setup and as per 10 o'clock range also. Sell trade gave 70 points gain with a slow momentum. Tuesday's 2nd half trading range will be used to build next day's trade setup. Sustaining above day high and low will lead to a directional move either side.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 17720 then we will long for the target of 17800. Above 17815 if sustained then we will hit 17880 and 17950.
For selling we need a 5/15 Min close below 17637. Target will be 17520 and 17420. In between 17580 and 17470 are marked.
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.