Good Morning! In the yesterday’s trading session, we could see that most of the Stocks were somewhere or the other in their correction mode. Also, most of the sectors showed us a sharp decline. Altogether, we can see that Nifty is still confused as it is still trading in the range of 15900-16400. Moreover, it can be seen that on failing to cross over above...
NIFTY Intraday Trade Setup For 26 May 2022 Buy-Above 16100 Sl-16160 T-16160 16260 16360 Sell-Below 16000 Sl-16050 T-15900 15850 15800 NIFTY continued the downtrend for the 3rd consecutive day. Last day we planned to sell below 17100 for the target of 16000. It opened with a gap up, the 10 o'clock range broke downside below 16120. In this continuation it broke...
Good Morning! As had been witnessed yesterday, the Market was very volatile with a lot of fluctuations. However, the index somehow still continued trading in its predicted range of 15900-16400. So, as of now we are still with our words. As for the index to come out of its confused range, we need to witness either a fresh breakout of above 16400 or a...
Hello Traders, +++++++++++ #Nifty-25/05/2022-Levels ----------------------------------- If Market Opens as a- GAP-UP: Support of IMP (BUY) – Rejection of IMP (SELL) FLAT: Support of IMP (BUY) – Rejection of PDL (SELL) GAP-DOWN: Support of PDL (BUY) – Rejection of PDL (SELL) _______________________ Happy Learning and Trading Rules to fallow... 1) Trade...
NIFTY Intraday Trade Setup For 25 May 2022 Buy-Above 16265 Sl-16210 T-16350 16400 Sell-Below 16100 Sl-16160 T-15970 15850 NIFTY has closed 0.5% down today. Last day we planned to sell below 16200. It gave a move till our 1st target 16100-20. After that index was sideways with dirty swings to manage premiums both in Options and in Futures. This is likely to...
Good Morning! On observing the Yesterday’s Trading Session, we did very well see that once again Nifty failed to sustain above the crucial level of 16400 and thereby showed us a sharp fall on the same day. Moreover, we can see that Nifty remains to be confused in between the stated levels of 15580-15850-16400. However, in the meanwhile we did also witness...
NIFTY Intraday Trade Setup For 24 May 2022 Buy-Above 16415 Sl-16360 T- 16500 16600 16700 Sell-Below 16200 Sl-16260 T-16100 16000 NIFTY has formed a shooting star candle in daily TF, closed almost flat. Last day we planned to buy above 16280. As soon a 5 Min candle candle closed above our buy level it gave a move till our target 16400+. Then a sharp fall from...
Good Morning! Just as we had witnessed, the previous week was somehow highly volatile. Wherein, we had faced a gap up opening as well as a gap down opening. In the meanwhile, on the positive note Nifty is above 15900 but unfortunately was not able to cross above 16400. So, we can say that Nifty is still struggling hard between the figures of 15580, 15850 and...
# Pattern is all about my view, it won't be confirmed until the C point get created. So just consider the Support & Resistance Levels primarily. Please have a look into the chart to get all details, I have tried to draw everything as much i found according to my study. This Analysis has Based on Harmonic Pattern, Fibo & Price action. Note:- Any of the...
Monday/Tuesday should settle Nifty to the lower level based on SGX Nifty. If SGX nifty touches 16250, this study is invalid. It is for educational purposes
NIFTY Intraday Trade Setup For 23 May 2022 Buy-Above 16285 Sl-16225 T-16400 16500 16600 Sell-Below 16180 Sl-16230 T-16100 16000 NIFTY closed at day high on Friday. The weekly candle is a bullish engulfing candle. Next downside move will be come below 15700. Till then no aggressive selling. The daily price structure is on a reversal situation. Above 16500 a...
Good Morning! On witnessing a gap down opening and consequently a sharp fall in the entire stock specific zone, yesterday, we found that the Market is in a super volatility zone, as of now. Wherein we can observe a rally from approx 15700-16400 and then again from 16400-15700 approx. This somehow shows a huge volatility in the mindset of the Market...
NIFTY Intraday Trade Setup For 20 May 2022 Buy-Above 15900 Sl-15850 T-16000 16085 Sell- Below 15735 Sl-15785 T- 15650 15600 15500 NIFTY has closed at 15800. It opened with a big gap down. Tested hourly support- 15900 in the 1st 15 Min. gave a perfect bounce of more than 50 points from there. Then 10 o'clock range broke downside below 15900 and it gave a smooth...
Good Morning! Even after making a high of 16399.80, Nifty somehow failed to cross the predicted level of Resistance of 16400 by .20 points only. Due to which we could see a selling pressure in the Market. However, this selling pressure might continue till the level of 15850 on the downside. So it is very important to wait for a clear cut indication after the...
nifty again in narrow down trend channel. even after gap down it will respect my levels. Best of luck for tomorrow friends.
NIFTY Intraday Trade Setup For 19 May 2022 Buy-Above 16400 Sl-16350 T-16500 16600 16700 Sell-Below 16200 Sl-16250 T-16080 15980 15900 NIFTY has closed almost flat on Wednesday. We planned to buy above 16285 for the target of 16400 and above. Gave 100 points and reversal from our PRZ at 16400. Both moves were clear. Coming to tomorrow's trade setup:- Index has...
Good Morning! What a beautiful day it was Yesterday! Where Nifty had finally managed to cross over its level of Resistance of 15900. Following which we did clearly witness the strength in Nifty as well as a beautiful stock specific momentum in the Market. Also, a very sharp recovery was witnessed in almost all the sectors. Moving ahead, as of now, we know that...
NIFTY Intraday Trade Setup For 18 May 2022 Buy_1-Above 16285 Sl-16230 T-16400 16500 16200 Buy_2- From 16100 Sl-16040 T-16200 16300 16400 NIFTY has given a follow up after the reversal candle formed in daily TF yesterday. We planned to buy above 15905. It triggered our buy trade and it just sky rocketed. From 15905 it shot up till 16280 and closed at day high....