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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.
NSE:NIFTY
by Omahto
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.
NSE:NIFTY
by Omahto
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
NSE:NIFTY
by AATHIE
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
NSE:NIFTY
by alokdaiya
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.
NSE:NIFTY
by Omahto
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
NSE:NIFTY
by AATHIE
3
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
NSE:NIFTY
by alokdaiya
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.
NSE:NIFTY
by Omahto
Nifty intraday levels for 27.10.2022Resistance level: 17719.25 Support level : 17664.60 ****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 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 Intraday Trade Setup For 25 Oct 2022NIFTY Intraday Trade Setup For 25 Oct 2022 Buy-Above 17780 Sl-17730 T-17860 17950 18020 Sell-Below 17705 Sl-17755 T- 17585 17520 17425 NIFTY has closed with 0.88% gain On Monday. A Doji candle has been formed in daily TF which is a sign of halt; indecision. Next day closing above or below the high and low of this candle will give us the next sentiment. Our TSL for the swing long, triggered on 18 Oct @ 17430 is intact. When index will close below PDL we will book full and active TSL is the last swing low in 15 Min TF. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 17780 then we will long for the target of 17860 17950. Post resistance from 17950 levels if it sustains then we will hit 18020 and 18100. For selling we need a 15 Min candle closes below 17705. Target will be 17585-95. Post bounce if it sustains below 17580 then we will hit 17520 and 17450. 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 24.10.2022Resistance level: 17628.35 Support level : 17459.15 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. ****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
NSE:NIFTY
by AATHIE
Morning Mantra, 21st October 2022Good Morning! On observing the yesterday’s trading session, we had seen a beautiful recovery from the lower levels in Nifty. Moreover, just as we had already stated, about the continuous, beautiful and a positive closing of above 17270, similarly we have seen a good strength in the Market as well. Apart from this, since today is Friday, i.e., the last trading day before the holiday week, it is being expected that the Market can be quite volatile today. So, it is better to be stock specific in such situations. As even in the yesterday’s trading session, apart from the gain in Nifty we had observed many breakouts in the stocks and on the other hand many downfalls as well. So volatility is still there in the Market with the stock specific momentum. So be cautious, be stock specific! Wishing you and your family a very Happy Dhanteras & Diwali. Nifty Levels 15270-15400-15580-15800 -16200-16350-16700-17300 -17800 -18100-18350 Nifty’s Previous Day Closing - 17563.95 (51.70) Regards, Alok Daiya
NSE:NIFTYLong
by alokdaiya
NIFTY Intraday Trade Setup For 21 Oct 2022NIFTY Intraday Trade Setup For 21 Oct 2022 Buy-Above 17585 Sl-17535 T- 17642 17723 17808 Sell-Below 17520 Sl-17570 T- 17465 17420 17340 NIFTY has closed on a positive note with 50 points gain today. Our swing long position which was triggered on 18 Oct @ 17430 is intact. Today level was retested but none candle closed below 17430. Our TSL is cost , if a 15 min candle closes below that then we will exit. Also shift TSL in 15 Min TF gradually. Last day we planned to sell below 17470 which gave almost 1:1 and then TSL was hit as we already discussed that we will trail sl with RR ratio. Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 17585 then we will long for the target of 17642, 17723 and 17808. For selling we need a 15 Min candle close below 17520. Target will be 17465, 17420. If sustains below 17420 then sharp fall can be seen. 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 21.10.2022Resistance level: 17549.95 Support level : 17474.20 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. ****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
NSE:NIFTY
by AATHIE
Morning Mantra, 20th October 2022Good Morning! Just as we have been stating these days that if Nifty stably manages to sustain above the level of 17270, then we can witness a sharp rally in the Market. So, likewise we have already witnessed a quick rally of 200-300 points approx in the Market, so far. Altogether, currently we can observe a mixed reaction in the Market, since there’s a significant stock specific momentum. Besides, we are still with our words as we still need to be stock specific and cautious until the next week. Nifty Levels 15270-15400-15580-15800 -16200-16350-16700-17300 -17800 -18100-18350 Nifty’s Previous Day Closing - 17512.25 (25.30) Regards, Alok Daiya
NSE:NIFTYLong
by alokdaiya
NIFTY Intraday Trade Setup For 20 Oct 2022NIFTY Intraday Trade Setup For 20 Oct 2022 Buy-Above 17560 Sl-17510 T- 17630 17720 17808 Sell-Below 17470 Sl-17525 T-17390 17340 17290 NIFTY has closed on a flat note with 25 points gain today. Last day we planned buy above 17530 which almost hit our 1st target and gave 70 points gain. Later 10 o'clock range broke downside and gave 60 points in downside. Closing is flat so any side move will come the next day. Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 17560 then we will long for the target of 17610-30. Next targets will be 17720 and 17808. For selling we need a 15 Min candle close below 17470. Target will be 17390, 17340 and 17290. Be strict with trailing (cost) with RR ratio. 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