NIFTY Intraday Trade Setup For 10 Jun 2022 Buy-Above 16515 Sl-16460 T-16570 16610 Sell-Below 16330 Sl-16380 T-16250 16160 NIFTY has formed a bullish engulfing candle in daily TF. It opened gap down at our target 16260 and took support from our support zone and headed towards 16490. 10'o clock range broke upside above 16340 and gave a momentum upside. Coming...
Good Morning! Finally, yesterday Nifty decided to take a breakdown through the support level of 16400 on a closing basis. Well, that too it was in the last 2 hours of the yesterday’s trading session that the index chose to do so. This could perhaps be the outcome of the announcement made by the RBI in regards to the hike in the Repo Rate, yesterday. Otherwise,...
NIFTY Intraday Trade Setup For 9 Jun 2022 Sell_1- From 16450 Sl-16500 T-16370 16300 Sell_2-Below 16330 Sl-16380 T-16270 16200 16160 NIFTY has closed on a negative note after showing all kinds of move triggered by RBI event. It was just too volatile. Only one trade was valid sell from resistance which was shared- 16520. Tomorrow is weekly expiry , chances of an...
NIFTY Intraday Trade Setup For 8 Jun 2022 Buy-Above 16445 Sl-16400 T- 16520 16570 Sell-Below 16345 Sl-16390 T- 16270 16170 NIFTY has formed a small hammer like candle in daily TF. Last day we planned to sell below 16550 which was not triggered because of the gap down opening. By the time it triggered our 2nd sell level 16440 and hit our target of 16350 in the...
Good Morning! With the back to back 2 days of dullness in the Market, it seems like Nifty is somehow or the other preparing itself for a cross over of above 16700. As on a positive note even after a dry trading day yesterday, Nifty somehow managed to not violate its strong support level of 16400 on a closing basis. Thereby, adding up to our Hope of witnessing the...
Market is in negative territory. We have to find opportunity to sell on rise only untill market cross & sustain above 17000. Condition applied. S1:16360 S2:16286 S3:16200 R1:16460 R2:16563 R3:16649 Gaps: 16204 & 15839 Condition 1: If we witnessed Gap down opening then for sure market will retest 16204, so wait for 3 black crows pattern & enter. Condition 2:...
Good Morning! In the yesterday’s trading session, we observed a negative opening from Nifty. Followed by a beautiful recovery in the 2nd half and then a flat closing at the end of the day. Observing the indices momentum throughout the day, we can see that somewhere or the other the index is repeatedly facing a strong support at the level of around 16400....
NIFTY Intraday Trade Setup For 7 Jun 2022 Buy-Above 16615 Sl-16560 T-16710 16765 Sell-Below 16550 Sl-16600 T- 16500 16440 NIFTY has closed almost flat and formed an doji candle in daily TF. last day we planned to sell below 16565, gave us entry in the opening and hit our target near 16440 in just 10 Min. Target was the hourly and intraday support which was...
After a sideways market what next ? As per me sooner we will heading toward 16366 &16204 (Gap down pending). Note: We will not be taking any Long position until 17000 taken out, mean while we can only go with small quantity. Support 1:16460 Support 2: 16360 Res 1: 16650 Res 2: 16741 Condition applied: Condition 1: If we see any gap down opening near by 16460...
Good Morning! A beautiful positive Friday morning turned into a negative and a disappointing afternoon. As even after a opening at around 16761, Nifty was unable to sustain above the level of 16700 by the end of the day and we observed a huge supply pressure near the stated resistance level. So, as of now, Nifty is still trading in its consolidation zone of...
NIFTY Intraday Trade Setup For 6 Jun 2022 Buy-Above 16800 Sl-16750 T-16850 16950 Sell-Below 16565 Sl-16620 T-16470 16440 NIFTY has formed a shooting star in weekly TF. Low of the candle is 16438. Below candle's low, we can expect a fall till 16000. Whole week it traded between a range - 16800 and 16438. In the coming week the next direction move will be...
Again after a wonderful rally weekend closed in GREEN. Finally yersterday GAP was filled which was @ 16641 & Same has beeb updated in tweeter. Lets plan it for Monday : 3 June All bullish view finally converted into Bearish view after watching last two 30 min candle. Below Pending GAPS ARE : 16366 & 16204. Supp 1: 16563 Supp 2: 16460 Supp 3: 16360 Res 1:...
Good Morning! Since the past few days, we can clearly observe that Nifty is neither being able to cross over 16700 nor is breaking down the crucial support level of 16400 on the downside. Thereby, reflecting a strength in the Market. As per the current chart setup we are positively expecting to witness a breakout of above 16700 today, subject to any systematic...
Nifty is continuously in the hourly upward channel, respecting our zones, today it also respected the median blindly. Power of analysis, hope it helps.
NIFTY Intraday Trade Setup For 3 Jun 2022 Buy-Above 16700 Sl-16640 T-16800 16900 Sell-Below 16440 Sl-16500 T-16350 16275 NIFTY has formed an inside candle in daily TF. It took support from 16440 and headed towards 16440. 10 o'clock range broke upside above 16540. Our buy level was 16600. It gave a small move till 16440. It was a option seller's expiry. Range...
Good Morning! Once again a beautiful stock specific momentum was witnessed in the Market, yesterday. Although, we have already stated that this week will be a little crucial as well as important for the Market. As it can be observed that Nifty is facing a lot of Resistance at around the level of 16700, a closing of above this level for the remaining days of...
NIFTY Intraday Trade Setup For 2 Jun 2022 Buy-Above 16600 Sl-16540 T- 16680 16800 Sell-Below 16435 Sl-16485 T-16350 16275 NIFTY broke the last 2 day's range and closed 60 0.37% down. Last day we planned to sell below 16500. It gave a 60 points profit. However more room is left in the downside. Tomorrow is weekly expiry. So, we need to be cautious in any...
Good Morning! Again in the yesterday’s trading session, we did observe how much of a pressure Nifty is currently facing to cross over the level of 16700. As once again even after making a high of around 16690, the index failed to cross over the stated level of Resistance. Besides, we got to witness a lot of supply around that level. However, there was a...