NIFTY Intraday Trade Setup For 15 Nov 2023NIFTY Intraday Trade Setup For 15 Nov 2023
Bullish-Above 19465
Invalid-Below 19415
T- 19550 19635
Bearish-Below 19410
Invalid-Above 19460
T- 19309 19210
NIFTY has closed on a bearish note with 0.42% cut in the last session. In the weekend we discussed that index has given a good up move on 19250 breakout and has approached 19550 which is a resistance zone. Probability of a fall or a pullback from 19550 was discussed. Monday we saw the scenario into action. Now below 19410 bearish move will continue till the trendline support in hourly TF. If it sustains above 19465 then we will plan bullish trade in intraday.
Coming to Wednesday's trade setup, if index opens flat and a 15 min candle closes above 19465 then we will long for the target of 19550 and 19435.
For selling we need a 15 min candle close below 19410. T- 19309 and 19210.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
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NIFTY Intraday Trade Setup For 13 Nov 2023NIFTY Intraday Trade Setup For 13 Nov 2023
Bullish-Above 19550
Invalid-Below 19500
T- 19635 19745
Bearish-Below 19510
Invalid-Above 19560
T- 19412 19309
NIFTY has closed on a bullish note last week with some 1% gain. Last week when we discussed about bullish reversal on 19250 breakout. After this hourly breakout it has given good momentum (19250-19547) in anticipated direction. Now it is at a resistance zone 19550, probability to give a pullback or to get stuck is high. 19550 and 19510 are important levels for Monday's session based on Muhurat Trading price action.
Coming to Monday's trade setup, if index opens flat and a 15 min candle closes above 19550 then we will long for the target of 19635 and 19745.
For selling we need a 15 min candle close below 19510. T- 19412 and 19309.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NIFTY Intraday Trade Setup For 09 Nov 2023NIFTY Intraday Trade Setup For 09 Nov 2023
Bullish-Above 19470
Invalid-Below 19420
T- 19550 19645
Bearish-Below 19400
Invalid-Below 19450
T- 19310 19210
NIFTY has closed on a slight bullish note with 0.19% gain today. Fun fact is that whole gain is contributed by the small gap up. It was a zoned market. Buy triggered as per trade setup above 19430 and cinched a bit till 19550 and closed near cost EOD. There can be good momentum in intraday in which there can good length moves due to expiry. 19470 and 19400 are important levels for tomorrow's session to look for a breakout.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 19470 then we will long for the target of 19550 and 19645.
For selling we need a 15 Min candle close below 19400. T- 19310 and 19210.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NIFTY Intraday Trade Setup For 08 Nov 2023NIFTY Intraday Trade Setup For 08 Nov 2023
Bullish-Above 19430
Invalid-Below 19380
T- 19540 19645
Bearish-Below 19320
Invalid-Above 19370
T- 19210 19115
NIFTY has closed on an absolute flat note today. It traded within 100 points range whole the day. After last hourly swing high 19235-50 was taken out it has given a good bullish reversal move. Tomorrow 19430 and 19320 is the range to look for breakout to trade the directional move or else it will once again zoned intraday. High probability trade looks in bullish side if it is triggered.
Coming to Wednesday's trade setup, if index opens flat and a 15 min candle closes above 19430 then we will long for the target of 19540 and 19645.
For selling we need a 15 min candle close below 19320. T- 19210 and 19115.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NIFTY Intraday Trade Setup For 07 Nov 2023NIFTY Intraday Trade Setup For 07 Nov 2023
Buy-Above 19430
Invalid-Below 19380
T- 19530 19645
Bearish-Below 19300
Invalid-Above 19350
T- 19210 19115
NIFTY has once again closed on a bullish note with almost 1% gain today. While 70% of the gain is contributed via gap up. It has been explained in the weekend that in case of gap up/down opening probability of a sideways intraday market is quite high, so was till 2 PM today. Tomorrow once again the best trade scenario will be on flat opening or else it will be momentum less. 19430 and 19300 are important levels for tomorrow's session.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 19430 then we will long for the target of 19530 and 19645.
For selling we need a 15 Min candle close below 19300. T- 19210 and 19115.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NIFTY Intraday Trade Setup For 06 Nov 2023NIFTY Intraday Trade Setup For 06 Nov 2023
Bullish-Above 19280
Invalid-Below 19230
T- 19370 19460
Bearish-Below 19210
Invalid-Above 19260
T- 19079 18945
NIFTY has closed on a slight bullish note last week with 0.96% gain. Last week we discussed that we a halt candle formation is high so has almost happened. Now 18800 is very important level for the next round of selling which can initiate a move towards 18000.Current positioning of the market is at CIP resistance zone- 19300. So its a confluence zone where both side possibility opens up based on the future market structure so 1-2 sessions needed to watch out for directional move which will be updated in the daily analysis here itself.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 19280 then we will long for the target of 19370 and 19460.
For selling we need a 15 Min candle close below 19210. T- 19079.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NIFTY Intraday Trade Setup For 03 Nov 2023 NIFTY Intraday Trade Setup For 03 Nov 2023
Bullish-Above 19180
Invalid-Below 19130
T- 19286 19405
Bearish-Below 19060
Invalid-Above 19110
T- 18973 18890
NIFTY has closed on a bullish note with 0.76% after 2 back to back red days. This EOD gain is totally contributed by the gap up opening. 10 o'clock range broke downside below 19106 and made a low of 19065, previous swing high was 19130. On 31 Oct EOD we already discussed that 19235-50 is very important hourly swing high for a bullish reversal. While we already discussed that probability of a halt candle this week is also high. Tomorrow above 19180 we can see good continuation of today's sentiment and below 19060 a bearish move.
Coming to Friday's trade setup, if index opens flat and a 15 min candle closes above 19180 then we will long for the target of 19286 and 19405.
For selling we need a 15 Min candle close below 19060. T- 18973 and 18890.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NIFTY Intraday Trade Setup For 02 Nov 2023NIFTY Intraday Trade Setup For 02 Nov 2023
Bullish-Above 19070
Invalid-Below 19020
T- 19173 19280
Bearish-Below 18970
Invalid-Above 19020
T- 18890 18798
NIFTY has closed once again on a bearish note with 0.47% cut today. Sell triggered as per trade setup below 19050 and gave around 70 points however our target was yet to be achieved. Tomorrow once again bearish move will continue below 18790 and it will move towards 18798. For a bullish move it has to sustain above 19070 post pullback. Also yesterday I explained that probability of a halt candle is high this week.
Coming to Thursday's trade setup, if index opens flat and a 15 min candle closes above 19070 then we will long. T- 19173 and 19280.
For selling we need a 15 Min candle close below 18970. T- 18890 and 18798.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
NIFTY Intraday Trade Setup For 01 Nov 2023NIFTY Intraday Trade Setup For 01 Nov 2023
Bullish- Above 19150
Invalid-Below 19100
T- 19260 19360
Bearish-Below 19050
Invalid-Above 19150
T- 18920 19815
NIFTY has closed on a slight bearish note with 0.32% cut today. It was a 0.382 rejection of the parabolic fall from 19850. Now 19250 will be an important swing in hourly TF for a bullish reversal structure. Probability of a halt candle this week is high where idle range seems to be 19350 and 18850. 19150 and 19050 are important levels for tomorrow's session. 19280 and 18920 are important resistance and support respectively.
Coming to Wednesday's trade setup, if index opens flat and a 15 min candle closes above 19150 then we will long for the target of 19259 and 19360.
For selling we need a 15 Min candle close below 19050. T- 18920 and 18815.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
NIFTY Intraday Trade Setup For 27 Oct 2023 || Daily AnalysisNIFTY Intraday Trade Setup For 27 Oct 2023
Buy-Above 18905
Invalid-Below 18855
T- 19050
Bearish-Below 18830
Invalid-Above 18880
T- 18730 18595
NIFTY has closed once again closed on a complete bearish note with 1.39% cut today. Our weekend planning was simple where we found that 19500 was a major level for a downside trigger. Another day where gains added in our swing sell position. Now it has came near our 1st target zone- 18800. We will book here if we get a bullish price action. Also tomorrow be very strict in trailing after sell is triggered, trail sl to day high near 18840 after sell triggers. If it sustains above 18905 then very easily it can retest 19000 as how it fell it will recover.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 18905 then we will long for the target of 19050, ride with trailing.
For selling we need a 15 Min candle close below 18830. T- 18730 and 18595.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
NIFTY Intraday Trade Setup For 26 Oct 2023 || Daily AnalysisNIFTY Intraday Trade Setup For 26 Oct 2023
Bullish- Above 19180
Invalid- Below 19130
T- 19300 19432
Bearish-Below 19070
Invalid- Above 19120
T- 18945 18810
NIFTY has closed on a complete bearish once again. Our short move towards 18960 is at a striking distance. In the weekend we already planned that below 19500 we will get a trendy downside move. It has just slipped in butter after that. Index has given more than 400 points fall in just 2 sessions. 18950 is going to a be a strong support zone for tomorrow's session. 19180 and 19070 are important levels for tomorrow's session.
Coming to Thursday's trade setup, if index opens flat and a 15 min candle closes above 19180 then we will long for the target of 19300 and 19432.
For selling we need a 15 Min candle close below 19070. T- 18945 ad 18810.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
NIFTY Intraday Trade Setup For 25 Oct 2023 || Daily AnalysisNIFTY Intraday Trade Setup For 25 Oct 2023
Sell_1- From 19450
Invalid-Above 19500
T- 19350 19260
Sell_2-Below 19250
Invalid-Above 19300
T- 19109 18960
NIFTY has closed on a complete bearish note with 1.34% cut on Monday. In the weekend we discussed that 19500 is the only hurdle for a trendy downside move. On Monday 19500 was broken and we saw a super trendy move till 19260, around 240 points in a single go. Also in the weekend it was discussed that it is likely to test 18970 zone which is intact. There is a fair possibility that we will open gap up tomorrow, so incase 19450 is tested then we will plan a short from there.
Coming to Wednesday's trade setup, if index opens flat and a 15 min candle closes below 19250 then we will short for the target of 19109 and 18961.
Incase 19450 is tested in the gap opening sentiment then we will short from there. T- 19350 and 19260.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
NIFTY Intraday Trade Setup For 23 Oct 2023 || Daily AnalysisNIFTY Intraday Trade Setup For 23 Oct 2023
Bullish-Above 19570
Invalid-Below 19520
T-19681 19812
Bearish-Below 19510
Invalid-Above 19560
T- 19418 19330
NIFTY has closed on a bearish note last with 1%cut last week. It has once again came to 19500 zone after a bounce last week. 19500 is very important for a trendy downside move. But it will be best if the breakout happens with flat opening. This has to be observed in hourly and daily TF. On successful breakout it will head towards 18970. 19510 and 19570 are important levels for tomorrow's session. Last hourly swing high is 19685 so above which there is a chance of bullish reversal. 19300-30 is a string intraday support
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 19570 then we will long for the target of 19680 and 19812.
For selling we need a 15 Min candle close below 19510. T- 19418 and 19330.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
NIFTY Intraday Trade Setup For 20 Oct 2023 || Daily AnalysisNIFTY Intraday Trade Setup For 20 Oct 2023
Bullish-Above 19685
Invalid-Below 19635
T- 19813 19910
Bearish-Below 19550
Invalid-Above 19600
T- 19435 19330
NIFTY has closed with small cut of 0.24% today. It opened with a big gap down today and as per trade setup 10 o'clock range was to be used. Range broke upside above 19595 and filled the gap . Last swing low was 19555, so around 40 points risk. But the main problem was the breakout candle which was too big when closed which did not fit in RR. Tomorrow 19685 is very important for bulls to take charge to influence the weekly closing. Below 19550 bears will once again start their wild action.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 19685 then we will long for the target of 19813 and 19910 above 19825.
For selling we need a 15 Min candle close below 19550. T- 19435 and 19330.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
NIFTY Intraday Trade Setup For 19 Oct 2023NIFTY Intraday Trade Setup For 19 Oct 2023
Bullish-Above 19730
Invalid-Below 19680
T- 19830 19940
Bearish-Below 19650
Invalid-Above 19700
T- 19555 19435
NIFTY has closed on a complete bearish note with 0.71% cut today. It opened flat and sell triggered below 19770 as per trade setup. Trade hit our 1st target very smoothly and gave more than 100 points gain till 19660. Tomorrow if index opens flat or with a very slight cut then it will be another big red candle just below today's low. In case it opens with a gap up then probability of a trendy move downside is less. Best opening trade will be in short side below 19659 on a flat opening.
Coming to Thursday's trade setup, if index opens flat and a 15 min candle closes above 19730 then we will long for the target of 19830 and 19940 above 19850.
For selling we need a 15 Min candle close below 19650. T- 19555 and 19435.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
NIFTY Intraday Trade Setup For 18 Oct 2023 || Daily AnalysisNIFTY Intraday Trade Setup For 18 Oct 2023
Bullish-Above 19850
Invalid-Below 19800
T- 19945 20030
Bearish-Below 19770
Invalid-Above 19820
T- 19680 19595
NIFTY has closed with 0.40% gain today, all contributed by gap up. Yesterday it was discussed that probability to sideways in the coming days is high so has happened today. It opened with a big gap up and turned sideways , for 4 hours it traded between less than 40 points range. Later 10 o'clock range broke downside below 19809 and gave 30 points move with 20 points sl. Tomorrow it can give a very good up move above today's high 19850 and this is the high probability trade.
Coming to Wednesday's trade setup, if index opens flat and a 15 min candle closes above 19850 then we will long for the target of 19950 and 20030.
For selling we need a 15 min candle close below 19770. T- 19680 and 19595.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
NIFTY Intraday Trade Setup For 17 Oct 2023 || Daily AnalysisNIFTY Intraday Trade Setup For 17 Oct 2023
Bullish-Above 19810
Invalid-Below 19760
T- 19915 20030
Bearish-Below 19690
Invalid-Above 19740
T- 19605 19515
NIFTY has closed almost on a flat note with a minor cut of 0.1% today. It opened flat and triggered sell which hit sl. Momentum was sideways throught the day. It has formed an inside candle in daily TF at a random place so its a sign of sideways. It looks that sideways momentum is likely to continue for few sessions. Tomorrow 19810 and 19690 are key levels to look for breakout. Be very strict with trailing in this sideways market.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 19810 then we will long for the target of 19915 and 20030.
For selling we need a 15 min candle close below 19690. T- 19605 and 19515.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
NIFTY Intraday Trade Setup For 16 Oct 2023 || Daily AnalysisNIFTY Intraday Trade Setup For 16 Oct 2023
Bullish-Above 19810
Invalid-Below 19760
T- 19910 20030
Bearish-Below 19725
Invalid-Above 19775
T- 19635 19530
NIFTY has closed on a slight bullish note with 0.5% gain last week. 19850 is the hourly resistance, breakout will initiate another long leg of rally while we picked it from 19500 last week with 0.5% retracement. Important hourly levels to be watched for breakout are 19850 in the upside and 19630 in the downside. 19420 and 20030 are important support and resistance. High probability trade looks in the upside on Friday's closing basis.
Coming to Monday's trade setup, if index opens flat and a 15 min candle closes above 19810 then we will long for the target of 19910 and 20030.
For selling we need a 15 Min candle close below 19725. T- 19635 and 19530.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
NIFTY Intraday Trade Setup For 10 Oct 2023 || Daily AnalysisNIFTY Intraday Trade Setup For 10 Oct 2023
Bullish-Above 19590
Invalid-Below 19540
T- 19693 19800
Bearish-Below 19480
Invalid-Above 19530
T-19368 19270
NIFTY has closed on a bearish note with 0.72% cut , it was contributed by the Mid East issue. In the weekend itself we expected a down move as per 0.382 in hourly TF 0.85% effect in 15 Min TF. 19500 was projected as a strong support. Today 19500 was respected and it bounced till 19588 vigorously. Later it just consolidated between 10 o'clock range and it was untouched. Tomorrow we will be neutral and take action on 19590 and 19480 breakout.
Coming to Tuesday's trade setup, if index opens flat and a 15 min candle closes above 19590 then we will long for the target of 19693 and 19800.
For selling we need a 15 min candle close below 19480. T- 19368 and 19270.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
NIFTY Intraday Trade Setup For 09 Oct 2023 || Daily AnalysisNIFTY Intraday Trade Setup For 09 Oct 2023
Bullish-Above 19680
Invalid-Below 19630
T- 19800 19901
Bearish-Below 19600
Invalid-Above 19650
T- 19500 19420
NIFTY has closed on a an absolute flat note this week, just like previous one. It has formed a pinbar candle in weekly TF indicating a bullish momentum. For me this will be confirmed when we get a Bullish price structure in daily TF which will be updated here. Now if you observe since 22 Sep high it is following one pattern which is 0.85% retracement and then a fall.
On Friday it has tested the same level so as per current behaviour we can expect a drop with a confluence of volume profile, initially 50% will be an ideal pullback from bottom. Incase if we break 19680 then this behaviour/pattern will be void. 19800 and 19500 are going to be intraday resistance and support for the next session.
Coming to Monday's trade setup, if index opens flat and a 15 min candle closes above 19680 then we will long for the target of 19800 and 19900 zone.
For selling we need a 15 min candle close below 19600. T- 19500 and 19420.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
NIFTY Intraday Trade Setup For 09 Oct 2023 || Weekly OutlookNIFTY Intraday Trade Setup For 09 Oct 2023
Bullish-Above 19680
Invalid-Below 19630
T- 19800 19901
Bearish-Below 19600
Invalid-Above 19650
T- 19500 19420
NIFTY has closed on a an absolute flat note this week, just like previous one. It has formed a pinbar candle in weekly TF indicating a bullish momentum. For me this will be confirmed when we get a Bullish price structure in daily TF which will be updated here. Now if you observe since 22 Sep high it is following one pattern which is 0.85% retracement and then a fall.
On Friday it has tested the same level so as per current behaviour we can expect a drop with a confluence of volume profile, initially 50% will be an ideal pullback from bottom. Incase if we break 19680 then this behaviour/pattern will be void. 19800 and 19500 are going to be intraday resistance and support for the next session.
Coming to Monday's trade setup, if index opens flat and a 15 min candle closes above 19680 then we will long for the target of 19800 and 19900 zone.
For selling we need a 15 min candle close below 19600. T- 19500 and 19420.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
NIFTY Intraday Trade Setup For 06 Oct 2023 | Daily AnalysisNIFTY Intraday Trade Setup For 06 Oct 2023
Bullish-Above 19580
Invalid-Below 19530
T- 19685 19800
Bearish-Below 19515
Invalid-Above 19565
T- 19427 19335
NIFTY has closed on a positive note with 0.56% gain today although it is contributed by gap up. It opened with a big gap up and just went in range of 90 points for the whole day. As per trade setup 10 o'clock range was to be used and the range broke downside below 19508 which hit a sl of 25 points. Then range broke upside ended at cost. Tomorrow 19580 and 19515 are important levels to look for breakout in 15 Min TF. 19427 is going to be a gap support tomorrow.
Coming to Friday's trade setup, if index opens flat and a 15 min candle closes above 19580 then we will long for the target of 19685 and 19800.
For selling we need a 15 Min candle close below 19515. T- 19427 and 19335.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
NIFTY Intraday Trade Setup For 05 Oct 2023 | Daily AnalysisNIFTY Intraday Trade Setup For 05 Oct 2023
Bullish-Above 19460
Invalid-Below 19410
T- 19585 19695
Bearish-Below 19330
Invalid-Above 19380
T- 19220 19105
NIFTY has closed with negative cut of 0.47% today but ended the day on a bullish note as it closed near day high. It opened with a big gap down today and 10 o'clock range was to be used as per trade setup. Range broke downside below 19375 and last swing high was 19408. It gave 40 points gain with 35 points risk. Tomorrow on a flat opening above today's high it can give a good bullish move to fill the gap initially and more. Below 19330 once again bearish sentiment will be on.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 19460 then we will long for the target of 19585 and and 19695.
For selling we need a 15 Min candle close below 19330. T- 19220 and 19105.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.