NIFTY Intraday Trade Setup For 9 Nov 2022NIFTY Intraday Trade Setup For 9 Nov 2022
Buy-Above 17256
Sl-17200
T- 17365 18500
Sell-Below 18155
Sl-18205
T- 17065 17950
NIFTY closed on a positive sentiment with almost 0.5% on Monday. Last day it opened with a decent gap up then 10 o'clock range broke downside below 18148 and gave a move till 18065 which was more than 80 points profit. Later in the 2nd half sharp recovery till closing was seen. The 2nd half sentiment may continue above last day's high. And it will be suited best on a flat opening.
Coming to Wednesday's trade setup, if index opens flat and a 15 min candle closes above 17256 then we will long for the target of 18365-75 and 18500. If 18510 is sustained then we will hit ATH.
For selling we need a 15 Min candle close below 18155. Target will be 18065 and 17950. If it sustains below 17940 then we will head towards 17800.
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 Trade Setup For 9 Nov 2022NIFTY Intraday Trade Setup For 9 Nov 2022
Buy-Above 18256
Sl-18200
T- 18365 18500
Sell-Below 18155
Sl-18205
T- 17065 17950
NIFTY closed on a positive sentiment with almost 0.5% on Monday. Last day it opened with a decent gap up then 10 o'clock range broke downside below 18148 and gave a move till 18065 which was more than 80 points profit. Later in the 2nd half sharp recovery till closing was seen. The 2nd half sentiment may continue above last day's high. And it will be suited best on a flat opening.
Coming to Wednesday's trade setup, if index opens flat and a 15 min candle closes above 17256 then we will long for the target of 18365-75 and 18500. If 18510 is sustained then we will hit ATH.
For selling we need a 15 Min candle close below 18155. Target will be 18065 and 17950. If it sustains below 17940 then we will head towards 17800.
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 09.11.2022Resistance level: 18228.20
Support level : 18144.95
****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
Morning Mantra, 7th November 2022Good Morning,
Just as we have been stating that above the level of 17800, Nifty is ready for a new high. Likewise, we are witnessing the same. As so far, after crossing over the stated level, Nifty has beautifully managed to achieve its target of 18100.
Also, somehow the good corporate numbers have been supporting the Market sentiments.
So with this and with the support level of 17800 on a weekly basis, get ready for a New Market momentum. Furthermore, keep following the stock specific strategy as of now.
Nifty Levels 15270-15400-15580-15800
-16200-16350-16700-17300 -17800
-18100-18350
Nifty’s Previous Day Closing - 18117.15 (64.45)
Regards,
Alok Daiya
NIFTY Intraday Trade Setup For 7 Nov 2022NIFTY Intraday Trade Setup For 7 Nov 2022
Buy-Above 18136
Sl-18085
T-18215 18272 18350
Sell-Below 18000
Sl-18050
T-17935 17885 17835
NIFTY has closed on a positive note on last day and week. Our swing long position which was triggered on 18 Oct hit our 1st target 1 Nov (17430-18175+). We already had our targets planned 18100 and 18600+. So our next target 18600+ is on our way above which a rally till 19600+ will also be seen. Now we will trail sl to last swing lows in daily TF as we have some space from entry. Last swing is 17950 which will be our TSL. Also we need negative price action (M) for any reversal from these levels.
Coming to Monday's trade setup, if index opens flat and 15 Min candle closes above 18136 then we will long for the target of 18215, 18272 and 18350.
For selling we need a 15 Min candle close below 18000. Target will be 17935, 17886 and 17835.
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 07.11.2022Resistance level: 18180.10
Support level : 18072.10
****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 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 4 Nov 2022NIFTY Intraday Trade Setup For 4 Nov 2022
Buy-Above 18107
Sl-18055
T-18170 18272 18350
Sell- Below 18000
Sl-18050
T-17935 17886 17835
NIFTY has closed on almost on a flat note with just 30 points cut. Today it opened directly at our 1st sell target with a decent gap down due to FOMC outcome. Later 10 o'clock range broke upside and just gave 26 points and reversed from important resistance already plotted at 18100. Now we need some price action to build the next view, let the weekly candle close. Intraday resistance and support will be 18100-10 and 18000 respectively. Breakout of this range on flat opening will give the momentum either side.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 18107 then we will long for the target of 17170. Above 18180 we will inch higher towards 18272 and 18350.
For selling we need a 15 Min candle close below 18000. Target will be 17935, 17885 and 17835.
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 04.11.2022Resistance level: 18073.45
Support level : 17992.35
****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
Morning Mantra, 3rd November 2022Good Morning,
Currently, we can observe a Cautious signal from Nifty on day basis, along with which observing selling pressure on the upper level is quite natural and that's why we call it a "Market".
Besides, the level of 18040 is an immediate support level on the day chart followed by 17800 on weekly chart.
So, with these stated support levels be stock specific as of now.
Nifty Levels 15270-15400-15580-15800
-16200-16350-16700-17300 -17800
-18100-18350
Nifty’s Previous Day Closing - 18082.85 (-62.55)
Regards,
Alok Daiya
NiftyThe Global market indicates a negative start. the market nature is bearish to consolidation. The market may open a gap-down. If the market takes a pullback after the gap-down, we will expect consolidation to pullback continuation. On the other hand, if the market takes consolidation after the gap-down, that's a sign of correction continuation.
NIFTY Intraday Trade Setup For 3 Nov 2022NIFTY Intraday Trade Setup For 3 Nov 2022
Buy-Above 18100
Sl-18050
T-18170 18270 18350
Sell-Below 18048
Sl-18100
T-17985 17935 17890
NIFTY has closed on a negative note today with 0.34% cut. It was well updated last day that our swing long target was hit yesterday and we are likely to give a profit booking which can extend till 17730. So has started to happen today. This profit booking will be confirmed and strengthen when we close below PDL. As per trade setup nothing was triggered but both support and resistance worked very well. 10 o'clock range broke downside and gave more than 50 points.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 18100 then we will long for the target of 18150-70. Above 18180 fresh upside move will, next targets being 18270 and 18350.
For selling we need a 15 Min candle close below 18048. Target will be 17985, 17935 and 17890.
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 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
Twitter
Disclaimer
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