Get started

Niftyforecast

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
Morning Mantra, 9th November 2022Good Morning! On observing the current chart setup, we can clearly see the formation of a Doji pattern, both on the daily as well as on the weekly chart. Which is somehow indicating cautiousness among the Market participants. So, as of now it will be better to suggest to be stock specific with the stated support level of 17800 on closing basis. Apart from this, the overall market sentiments still seem to be positive. Thereby, it seems that Nifty is somehow ready for a new high in the near-term. Nifty Levels 15270-15400-15580-15800  -16200-16350-16700-17300 -17800  -18100-18350    Nifty’s Previous Day Closing - 18202.80 (85.65) Regards,  Alok Daiya
NSE:NIFTYLong
by alokdaiya
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.
NSE:NIFTY
by Omahto
4
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.
NSE:NIFTY
by Omahto
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
NSE:NIFTY
by AATHIE
3
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
NSE:NIFTYLong
by alokdaiya
1
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.
NSE:NIFTY
by Omahto
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
NSE:NIFTY
by AATHIE
4
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.
NSE:NIFTY
by Omahto
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
NSE:NIFTY
by AATHIE
3
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
NSE:NIFTYLong
by alokdaiya
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.
NSE:NIFTY
by Omahto
2
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
NSE:NIFTY
by AATHIE