Good Morning! It is being expected that Today will be a judgmental day. Somehow or the other, also because it is a day of weekly clearing today. On observing the Market momentum and the closing of the past few days, we can say that the index is repeatedly facing difficulty in strongly crossing over its resistance area of 17300-17400. So, keeling that in mind,...
NIFTY Intraday Trade Setup For 24 Mar 2022 Buy-Above 17310 Sl-17260 T-17415 17500 Sell-Below 17199 Sl-17250 T-17130 17060 NIFTY opened with a 50 points gap up today. We planned to buy above 17360 but it became invalid due to gap up. We planned to trade the 10 o'clock range in case of a gap up/down. 10 o'clock range broke downside below 17350. Index gave a good...
NIFTY Intraday Trade Setup For 23 Mar 2022 Buy-Above 17360 Sl-17310 T-17490 17580 Sell-Below 17230 Sl-17280 T-17130 17070 NIFTY has made a bullish engulfing candle. Entire fall of yesterday is regained. We planned to short below 17090. Our 1st target was hit. It gave 70+ points profit. Then a double bottom was formed near 17000. Bulls took charge after neckline...
NIFTY Intraday Trade Setup For 22 Mar 2022 Buy-Above 17190 Sl-17140 T-17260 17320 Sell-Below 17090 Sl-17140 T-17000 16960 NIFTY has made a complete bear engulfing candle today. Index closed 170 points in red. We planned to short below 17250 on a 15 Min candle close. Index gave us a smooth profit from 17250-17100. It was a good day, everything went as per our...
Good Morning! It was almost everyday in the previous week that we had beautifully witnessed a stable closing of above the crucial support level of 16800. So, on considering the current scenario we can say that now the Market will be facing a Resistance, initially at a level of around 17300. Where on a positive note, we are expecting that here the Market is...
Coming week will be interesting for us. All important levels mentioned in the chart... We all can take reference however what matters is all ways.... Price Action & Money mgmt so keep learning & keep sharing ideas...
nifty road map 18620 to 13967 - nifty is forming a downfall range - bottom tangent line is acting as a support - 15905 is a good support area for nifty currently market is heading towards 17777 area -from 17777 area, after break of 16741 levels we can see levels of 15017 -then we can see again upmove of 16741 -from 16741 area market will head towards...
NIFTY Intraday Trade Setup For 21 Mar 2022 Buy-Above 17350 Sl-17300 T-17430 17490 Sell-Below 17250 Sl-17300 T-17180 17070 17000 NIFTY closed 300+ points in green. Majority of the gain came from gap up. After breaking 16800 index has turned its short term trend into uptrend. It is one of the fastest reversal , a V-shaped recovery. Also all global indices...
Nifty Chart Analysis Updated on 17 March for Option trading Trading on 23 March For Daily Banknifty Levels Update Search - trading with Manoj Shinde 27485
NIFTY Intraday Trade Setup For 17 Mar 2022 Buy-Above 16990 Sl-16940 T-17050 17100 Sell-Below 16900 Sl-16950 T-16850 16750 NIFTY opened with a very big gap on Wednesday. Momentum was lost. IV crashed. The whole day Nifty traded in 100 point range. In the last 30 Min range broke and 50 points move was seen. Coming to tomorrow's trade setup, if index opens flat...
*Short Opportunity* - Nifty 50 has clearly given an indication of downward movement. There might be chances that Nifty will open gap down or flat, in both cases we can take entry for short sell but in case nifty opens gap down of -1% then we will wait and watch till it comes under our desired price range and only then we can enter.
NIFTY Intraday Trade Setup For 16 Mar 2022 Buy-Above 16710 Sl-16660 T-16800 16850 Sell-Below 16550 Sl-16600 T-16450 16380 NIFTY has closed 200 points in red. We planned to buy above 16890 if we get a 15 Min candle close above that. We did not get a 15 Min candle close above that. Our sell level was 16800. As soon as it was breached index dived till 16555....
NIFTY Intraday Trade Setup For 15 Mar 2022 Buy-Above 16890 Sl-16840 T-16950 17000 17065 Sell-Below 16800 Sl-16850 T-16750 16700 16650 NIFTY has closed almost 250 points up today. We planned to buy above 16670 if we get a 15 min candle close above that. As soon as prices closed above that index become trending and shot till 16887. It gave almost 200 points...
Good Morning! Witnessing the indices closing for the last 3 consecutive days, we can say that the requirement of getting a stable closing of above 16200 was very well met by the index, and which altogether was a good sign. However, on broadening the focus of our view, we can clearly see that Nifty is still somehow very confused and is struggling between the...
Technical Updates The market showed an enormous bullish momentum on weekly chart. In 1D Chart the price is below 50 EMA, but in 1W Chart the market closed above 50 EMA. The Trend Lines shows major resistive blows for the past swings highs. The price action gets constantly rejected and it can't move up. There are three consecutive drops in the trend...
NIFTY Intraday Trade Setup For 14 Mar 2022 Buy-Above 16700 Sl-16650 T-16800 16900 17000 Sell-Below 16550 Sl-16600 T-16460 16350 16250 NIFTY has made a an inside candle on Friday. It was a complete sideways market on the last trading session. FIIs and DIIs have subsided their activity since last 3 trading session. Since last 2 days, intraday range is untouched....
NIFTY Intraday Trade Setup For 11 Mar 2022 Buy-Above 16630 Sl-16580 T-16720 16800 Sell-Below 16450 Sl-16500 T-16350 16270 NIFTY opened with a very big gap up on Thursday because of the global market short covering move. We planned to wait for the 10 o'clock range in case of any big gap up/down. The 1st 1 Min candle was the 10 o'clock range today. Index made a...
In continuation of our view presented in Earlier post. We have been continuously mentioning Correction in Nifty was Due even before any event happening like FED meeting and announcement. We believe in working based on charts and factual data analysis. if you want to corelate market moves based on News you can get News on Daily basis. Correlating market moves...