NIFTY Intraday Trade Setup For 12 Dec 2023NIFTY Intraday Trade Setup For 12 Dec 2023
Bullish-Above 21030
Invalid- Below 20980
T- 21160 21300
Bearish-Below 20950
Invalid-Above 21000
T- 20810 20675
NFTY has closed almost on a flat note with slight gain of 0.13%. Buy triggered as per trade setup which ended at cost EOD. Our TSL in swing long (from 19880) is still intact. If a daily candle closes below PDL and that red candle's low is breached then we will exit longs completely. Also in case of TSL there will be sentimental reversal from bullish to bearish. There is a rising wedge pattern type formation in hourly TF but above today's high there can be a sharp rally once again. Below 20950 there can be bearish action in Intraday.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 21030 then we will long for the target of 21160 21300.
For selling we need a 15 Min candle close below 20950. T- 20810 and 20675.
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.
Niftyforecast
NIFTY Intraday Trade Setup For 11 Dec 2023NIFTY Intraday Trade Setup For 11 Dec 2023
Bullish-Above 21010
Invalid-Below 20960
T- 21141 21300
Bearish-Below 20850
Invalid-Above 20900
T- 20684 20543
NIFTY has closed on a bullish note with 3.46% gain last week. Whole gain is added in our basket :) as we have longed from 19880 which was planned on 27 Nov. After the breakout of 20222 we opted to ride till fullest with PDL as TSL. TSL is intact, if a daily candle closes below PDL and that red candle's low is breached then we will exit longs completely. Mother trend remains bullish till 20850 is safe. Tomorrow's best trade will be on flat opening. 21010 and 20850 are important levels for tomorrow's session.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 21010 then we will long for the target of 21300 and 21510.
For selling we need a 15 min candle close below 20850. T- 20684 20543.
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 Dec 2023NIFTY Intraday Trade Setup For 08 Dec 2023
Bullish-Above 20970
Invalid-Below 20920
T- 21090 21235
Bearish-Below 20850
Invalid-Above 20900
T- 20684 20558
NIFTY has closed on a slight bearish note with 0.17% cut today. Nothing triggered as per trade setup just like BANKNIFTY yesterday. 10 o'clock range was intact whole day. Till now our TSL in long (from 19880) is intact. If a daily candle closes below PDL and that red candle's low is breached we will exit longs completely and there will be change in sentiment in that case. It has formed a range in 15 Min TF, 20970 and 20850 are important levels for a range shift.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 20970 then we will long for the target of 21090 and 21235.
For selling we need a 15 Min candle close below 20850. T- 20684 and 20558.
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 Dec 2023NIFTY Intraday Trade Setup For 07 Dec 2023
Bullish-Above 20970
Invalid-Below 20920
T- 21090 21235
Bearish-Below 20850
Invalid-Above 20900
T- 20684 20558
One more green gain added in our bullish favor. NIFTY has closed with 0.4% gain today all contributed through gap up. As per 10 o'clock range breakout it gave a small move of 35 points in the downside below 20887. It has been said that we will trail our long (from 19880) with PDL as TSL. If a daily candle closes below PDL then below that red candle's low we will exit longs completely. 20970 and 20850 are important levels for tomorrow. 21020 will be an important resistance in case of gap up.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 20970 then we will long for the target of 21090 and 21235.
For selling we need a 15 Min candle close below 20850. T- 20684 and 20558.
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 Dec 2023NIFTY Intraday Trade Setup For 06 Dec 2023
Bullish-Above 20870
Invalid-Below 20820
T- 21020 21168
Bearish-Below 20730
Invalid-Above 20780
T- 20593 20419
NIFTY has closed on a bullish note once again and one more great day added in our long favor. We have already longed from 19880 as per the analysis on 27 Nov. Till now it has given 950+ points gain (19880-20864). Index's momentum will take an halt when our opted TSL which is daily candle close below PDL and that red candle's low breach will be triggered. Above 20870 there can be good intraday momentum in intraday on a flat opening. Index will be bearish below 20730.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 20870 then we will long for the target of 21020 and 21168.
For selling we need a 15 Min candle close below 20730. T- 20593 and 20419.
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 05 Dec 2023NIFTY Intraday Trade Setup For 05 Dec 2023
Bullish-Above 20710
Invalid-Below 20660
T- 20862 21020
Bearish-Below 20580
Invalid-Above 20630
T- 20419 20258
NIFTY has closed on a bold bullish note with 2% gain today. Our swing long position just blasted today. We planned a bullish swing trade above 19880 on 27 Nov which was triggered on 28 Nov. It has given more than 800 points gain till now. In the weekend it was said to book some and rest you can trail till hourly bullish price structure is intact. Tomorrow there is a chance of a pullback move. Below 20580 if bearish price structure is established then it can test 20500 zone which can act as strong intraday support.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 20710 then we will long for the target of 20862 and 21020.
For selling we need a 15 Min candle close below 20580. T- 20419 and 20258.
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 04 Dec 2023NIFTY Intraday Trade Setup For 04 Dec 2023
Bullish-Above 20300
Invalid-Below 20250
T- 20420 20531
Bearish-Below 20200
Invalid-Below 20250
T- 20088 19970
NIFTY has closed on a bold bullish note last week with 2.39% gain. We planned our buy trade above 19880 on daily swing breakout for a fresh ATH. A fresh ATH is done with a very good momentum and now we will just trail sl to PDL on closing basis. If a daily candle closes below PDL and then below that red candle's low we will exit longs completely. Monthly candle is also bold bullish. No reversal planning till we get a bearish price structure in hourly and daily TF. 20300 and 20200 are important levels for Monday's session.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 20300 then we will long for the target of 20420 and 20531.
For selling we need a 15 Min candle close below 20200. T- 20088 and 19970.
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 01 Dec 2023NIFTY Intraday Trade Setup For 01 Dec 2023
Bullish-Above 20160
Invalid-Below 20110
T- 20270 30376
Bearish-Below 20040
Invalid-Below 20090
T- 19941 19840
NIFTY has closed on a bullish note with 0.18% gain today. It opened flat today and buy triggered as per trade setup which hit 50 points sl. Later buy triggered again and gave a compensation move of 50 points. Our swing position is going well which we planned above 19880 in the weekend (19880-20158). Tomorrow it may hit a fresh ATH above 20160. For selling we need a bearish price structure below 20070 however our short level will be 20040 on 15 Min.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 20160 then we will long for the target of 20270 and 20376.
For selling we need a 15 Min candle close below 20040. T- 19941 and 19840.
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 30 Nov 2023NIFTY Intraday Trade Setup For 30 Nov 2023
Bullish-Above 20110
Invalid-Below 20060
T- 20230 20350
Bearish-Below 19990
Invalid-Above 20050
T- 19865 19757
NIFTY has closed on a bullish note with 1.04% gain today. In the weekend we discussed in detail about the bullish move above 19890. It was explained that above 19890 we will start the next leg of rally towards a fresh ATH so is happening. Yesterday it was triggered and till now it has given more than 1% move. Today it opened with a gap up above our buy level so 10 o'clock range was to be used as per setup. Range broke upside above 20011 and gave a move till 20104.
Coming to Thursday's trade setup, if index opens flat and a 15 min candle closes above 20110 then we will long for the target of 20230 and 20350.
For selling we need a 15 Min candle close below 19990. T- 19865 and 19757.
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 29 Nov 2023NIFTY Intraday Trade Setup For 29 Nov 2023
Bullish-Above 19920
Invalid-Below 19870
T- 20025 20135
Bearish-Below 19860
Invalid-Above 19910
T- 19757 19655
NIFTY has closed on a bullish note with 0.48% gain today. Buy triggered when intraday was almost done, post 3 PM. Momentum was dead till 2 PM. Now there is a slight chance of change in momentum, but only on flat opening. In case of gap up/down opening momentum will be dead once again. Also reduce your position sizing in intraday directional trades. 19920 and 19860 are important levels for tomorrow's session.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 19920 then we will long for the target of 20025 and 20135.
For selling we need a 15 Min candle close below 19860. T- 19757 and 19655.
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 28 Nov 2023NIFTY Intraday Trade Setup For 28 Nov 2023
Bullish-Above 19880
Invalid-Below 19830
T- 20010 20135
Bearish-Below 19760
Invalid-Above 19810
T- 19655 19540
NIFTY has closed almost on a flat note with 0.32% gain. It was just sideways and compressed the whole week. It has formed an inside candle in daily TF near previous major swing. So above 19880 we will give next round of up move towards a fresh ATH. Also sellers presence have been seen near 19880. A double force move can be seen on breakout. For a good down move 19700 is the level to watch for breakout. 19880 and 149760 are major levels for Tuesday.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 19880 then we will long for the target of 20010 and 20135.
For selling we need a 15 Min candle close below 19760. T- 19655 and 19540.
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 24 Nov 2023NIFTY Intraday Trade Setup For 24 Nov 2023
Bullish-Above 19880
Invalid-Below 19830
T- 19969 20063
Bearish-Below 19780
Invalid-Above 19830
T- 19703 19614
NIFTY has closed once again on a flat note yesterday. Buy triggered above 19830 last day which did hit target EOD. It has formed a shooting star in daily chart, so high of the shooting star is very important for the next round of rally. Above 19880 index will start an bullish impulsive move. Below 19780 effect of the shooting star can be seen and a downside move can be triggered.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 19880 then we will long for the target of 19969 and 20063.
For selling we need a 15 Min candle close below 19780. T- 19703 and 19614.
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 23 Nov 2023NIFTY Intraday Trade Setup For 23 Nov 2023
Bullish-Above 19830
Invalid-Below 19780
T- 19925 20030
Bearish-Below 19700
Invalid-Above 19750
T- 19614 19540
NIFTY has closed almost on a flat note with 0.14% slight gain. It has formed a bullish Pinbar candle in daily TF. So above today's high it can give good bullish move. Next stop looks near 19925 above 19825. 19700 will be a crucial level for short consideration. However if 19750 is broken then bears will start to take charge. Momentum looks dead till we close this month at a decisive point.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 19830 then we will long for the target of 19925 and 20030.
For selling we need a 15 Min candle close below 19700. T- 19614 and 19540.
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 22 Nov 2023NIFTY Intraday Trade Setup For 22 Nov 2023
Bullish-Above 19830
Invalid-Below 19780
T- 19912 20030
Bearish-Below 19750
Invalid-Above 19800
T- 19649 19540
NIFTY has closed on with 0.4% gain today, all contributed through gap up. It opened at buy level 19760 and gave a small move till 19829. 10 o'clock range broke upside above 19791 and gave small move of 30 points. 19830 and 19750 are important levels for tomorrow's session. Looking at the daily candle below today's low there can be a good profit booking move or a gap filling.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 19830 then we will long for the target of 19912 and 20030.
For selling we need a 15 Min candle close below 19750. T- 19649 and 19540.
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 21 Nov 2023NIFTY Intraday Trade Setup 21 Nov 2023
Buy-Above 19760
Invalid-Below 19710
T- 19910 20050
Bearish-Below 19660
Invalid-Above 19710
T- 19540 19390
NIFTY has closed on a slight bearish note with 0.19% cut today. It has formed an inside candle in daily TF which is sign of compression. Nothing triggered as per trade setup today. Tomorrow above 19760 we will initiate bullish trade however we will get alert above 19720 only. Below 19660 we can get a trendy downside move which will be the leg towards 19390 in some 2 days.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 19760 then we will long for the target of 19910 and 20050.
For selling we need a 15 Min candle close below 19660. T- 19540 and 19393.
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 20 Nov 2023NIFTY Intraday Trade Setup For 20 Nov 2023
Bullish-Above 19810
Invalid-Below 19760
T- 19930 20050
Bearish-Below 19660
Invalid-Above 19710
T- 19540 19393
NIFTY has closed with a slight bullish note last week with nearly 1% gain. Hourly and 15 Min price structure is still bullish. 19660 is the last swing low in 15 Min TF. Below this there can change of price structure and a chance of reversal. For a fresh directional move this month candle closing is important to watch directional scenario as the monthly candle's are still sideways. In case of a bold bullish candle we may initiate the next leg of rally.
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 19930 and 20050.
For selling we need a 15 min candle close below 19660. T- 19540 and 19390.
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 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.
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.