Nifty for 30.10.2024Trading Levels for Today (Based on 1-Hour Candle Close):
Buy Above 24,500: Enter a buy position if a 1-hour candle closes above 24,500. This could confirm a breakout and signal upward momentum. To manage risk, set a stop-loss in case of unexpected price reversals.
Sell Below 24,200: Enter a sell position if a 1-hour candle closes below 24,200. This may confirm a breakdown, indicating further downside potential. Set a stop-loss to protect against sudden price rebounds.
Disclaimer: I am not a SEBI-registered financial advisor. These levels are based on my personal trading approach for today, focusing on 1-hour candle close confirmations. Please perform your own analysis and consult with a certified professional before making any trading decisions.
Niftyfutureanalysis
Nifty Intraday Levels | 30-SEP-2024This trading strategy focuses on scalping Nifty options based on institutional support and resistance zones and executing trades using order flow data. Here's a quick summary of the key points:
1️⃣ Zones to Focus on:
👉Green Zone: Represents institutional support.
👉Red Zone: Indicates institutional resistance.
👉Gap Between Zones: Typically ranges from 100-200 points.
👉Zone Creation: Uses pivot points and Fibonacci levels.
👉Price Action: An advanced version for refined entries and exits.
👉Chart Reference: Trades are executed based on the Nifty futures chart.
2️⃣ Trade Execution:
👉Order Flow Data: Trades are triggered by tracking the market's order flow.
👉Timeframes: Focus on the 1-minute and 5-minute charts for quick scalps.
👉Risk-Reward Ratio: Strict 1:2 (Risk 1 to gain 2).
👉Strike Price: Target at-the-money (ATM) or slightly in-the-money (ITM) options.
👉Position Sizing: Customize based on personal risk tolerance.
3️⃣ House Rules:
👉Sharp Execution: Be ready at 9:15 AM for market open.
👉Risk Management: Always a priority.
👉Quick Trades: Fast execution "morning breakfast".
👉Strict Stop-Loss: Set at 10 points to limit losses.
This method is well-structured for traders who prioritize risk management and quick scalping opportunities in the Nifty market.
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Nifty Intraday Levels | 18-SEP-2024#Optionbuyers
#Niftyoptionscalping
1️⃣ Zones you always Like:-
👉Green zone- Institutional support
👉Red zone - Institutional resistance
👉Gap between institutional zones is always of 100 points
👉Zone is created with the help of pivot points and Fibonacci
👉Advance version of price action
👉Trades based on Nifty future chart
2️⃣ Trade Execution:-
👉Trade based on order flow data
👉Timeframe - 1 min and 5 min
👉Risk Reward Ratio always 1:2
👉Strike price always ATM & slightly ITM
👉Maintain Position sizing according to your own method
3️⃣ House Rules in trading:-
👉Sharp at 9:15 AM
👉Priority to risk management
👉Fast execution (morning breakfast)
👉Stop-loss 10 points (strictly)
#ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌
🙏FOLLOW for more !
👍LIKE if useful !
✍️COMMENT Below your view !
Nifty Intraday Levels | 16-SEP-2024#Optionbuyers
#Niftyoptionscalping
1️⃣ Zones you always Like:-
👉Green zone- Institutional support
👉Red zone - Institutional resistance
👉Gap between institutional zones is always of 100 points
👉Zone is created with the help of pivot points and Fibonacci
👉Advance version of price action
👉Trades based on Nifty future chart
2️⃣ Trade Execution:-
👉Trade based on order flow data
👉Timeframe - 1 min and 5 min
👉Risk Reward Ratio always 1:2
👉Strike price always ATM & slightly ITM
👉Maintain Position sizing according to your own method
3️⃣ House Rules in trading:-
👉Sharp at 9:15 AM
👉Priority to risk management
👉Fast execution (morning breakfast)
👉Stop-loss 10 points (strictly)
#ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌
🙏FOLLOW for more !
👍LIKE if useful !
✍️COMMENT Below your view !
Nifty Intraday Levels | 13-SEP-2024#Optionbuyers
#Niftyoptionscalping
1️⃣ Zones you always Like:-
👉Green zone- Institutional support
👉Red zone - Institutional resistance
👉Gap between institutional zones is always of 100 points
👉Zone is created with the help of pivot points and Fibonacci
👉Advance version of price action
👉Trades based on Nifty future chart
2️⃣ Trade Execution:-
👉Trade based on order flow data
👉Timeframe - 1 min and 5 min
👉Risk Reward Ratio always 1:2
👉Strike price always ATM & slightly ITM
👉Maintain Position sizing according to your own method
3️⃣ House Rules in trading:-
👉Sharp at 9:15 AM
👉Priority to risk management
👉Fast execution (morning breakfast)
👉Stop-loss 10 points (strictly)
#ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌
🙏FOLLOW for more !
👍LIKE if useful !
✍️COMMENT Below your view !
Nifty Intraday Levels | 12-SEP-2024#Optionbuyers
#Niftyoptionscalping
1️⃣ Zones you always Like:-
👉Green zone- Institutional support
👉Red zone - Institutional resistance
👉Gap between institutional zones is always of 100 points
👉Zone is created with the help of pivot points and Fibonacci
👉Advance version of price action
👉Trades based on Nifty future chart
2️⃣ Trade Execution:-
👉Trade based on order flow data
👉Timeframe - 1 min and 5 min
👉Risk Reward Ratio always 1:2
👉Strike price always ATM & slightly ITM
👉Maintain Position sizing according to your own method
3️⃣ House Rules in trading:-
👉Sharp at 9:15 AM
👉Priority to risk management
👉Fast execution (morning breakfast)
👉Stop-loss 10 points (strictly)
#ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌
🙏FOLLOW for more !
👍LIKE if useful !
✍️COMMENT Below your view !
Nifty Intraday Levels | 11-SEP-2024#Optionbuyers
#Niftyoptionscalping
1️⃣ Zones you always Like:-
👉Green zone- Institutional support
👉Red zone - Institutional resistance
👉Gap between institutional zones is always of 100 points
👉Zone is created with the help of pivot points and Fibonacci
👉Advance version of price action
👉Trades based on Nifty future chart
2️⃣ Trade Execution:-
👉Trade based on order flow data
👉Timeframe - 1 min and 5 min
👉Risk Reward Ratio always 1:2
👉Strike price always ATM & slightly ITM
👉Maintain Position sizing according to your own method
3️⃣ House Rules in trading:-
👉Sharp at 9:15 AM
👉Priority to risk management
👉Fast execution (morning breakfast)
👉Stop-loss 10 points (strictly)
#ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌
🙏FOLLOW for more !
👍LIKE if useful !
✍️COMMENT Below your view !
GIFT NIFTY broke from the sell zone mentioned in last postNSEIX:NIFTY1! GIFT NIFTY once again felt the pressure of sell zone at the top and gave the fall while reacting to buy zones marked in previous post, now we need to follow the next fresh buy sell zones to plan the trades accordingly,
if we break the current buy zone, below are the 3 target marked, above current zell zone we may test the next sell zone.
WILL GIFT NIFTY COUNTINUE THE ATH RALLY?NSEIX:NIFTY1! GIFT NIFTY is currently trying to maintain upside move at the previous sell zone should it break abd sustain above it, we may see few more green candles on daily TF unless it starts making fresh lower low lower highs by breaking the 2 fresh buy zones created below. watch the move closely to plan your trades ahead.
NIFTY FUTURE hits the down target , NOW WHAT?NSEIX:NIFTY1! as mentioned in the last ide shared, nifty future started creating fresh lower highs and lower lows and finally gave the target mentioned in the last post, now we need to see if nifty future breaks above previous resistance or breaks current support to create new lower low.
NIFTY FUTURE set for new ATH?NSEIX:NIFTY1! nifty future is aggresively approaching the sell zone of the ath level, if breaks above 20255 ans retests for taking support and ahain breaks above the new ath level, then market might countinue making new ath levels with fresh upper high upper low formation price action.
on the other side if we see a huge profit booking, then we'll see nifty future run for 20k level buy zone , if breaks below and sustains, then we wil see some pull back or sideways sessions for couple of days
NIFTY FUTURE at the weekly sell zone, watch out the zones !!!NSEIX:NIFTY1! nifty future has arrived at the crucial pint where it can give a possible pull back if the mentioned/marked support breaks and we get a retest negative price action, if breaks above the current resistance/sell zone then future can hit the 20k mark
nifty fture 19500 psychological level, what to check ahead?NSEIX:NIFTY1! as mentioned in previous post, nifty future is pushung for 19500 level with a retest on 19385 zone, in process we can see a wedge pattern has formed at important area of interest, keep checking the wedge movement with respect to the zones marked.
if we see a selling/profit booking at 19500 level, market may inch towards 19200 zone.
upside target can be upto 19680 zone if sustains above 19550.
nifty future, 19500 or 18700/600??? whats the target?NSEIX:NIFTY1! after succesfully bouncing back from the 18800s, the nifty future has come to the breakdown level again, now what we need to check is that if this this is going to be the retest and countinue the fall further towards the 18700/600 zone or we get the succesfull breach of the current red zone for retesting the psychological level of 19500.
remember, the zones breaks only when we bet a candle clossing below or above the zone.
NIFTY FUTURE followed the zones perfectly, time to fly back???NSEIX:NIFTY1! as mentioned in previous prediction, nifty future dropped as soon as it broke the buy zone, now nifty future can shoot upside in a blink of an eye as selling pressure will vanish and buyers will flood the market. if nifty future breaks and sustains above the green box, it will hit the upside target before next weekly expiry.
GIFT NIFTY 50 future move based on buy sell zones NSEIX:NIFTY1! GIFT NIFTY has reached the previous sell zone which gave nice selling pressure,
if gift nifty reacts to sell zone and breaks parallel channel it has formed just below the sell zone , then we can expect a trend reversal with sharp selling unless we get to see sideways movement at the sell zone ant then breakout of the sell zone.
Trend analysis of Nifty March futures.Nifty futures trading is a popular form of investing in the Indian stock market. Nifty futures allow traders to buy or sell the Nifty index at a future date at a predetermined price. The Nifty index represents the performance of the top 50 companies listed on the National Stock Exchange of India.
In recent times, the trend of the NSE:NIFTY1! has been bearish, which means that the overall sentiment of the market is negative. This could be due to various factors, such as economic slowdown, political instability, or global events. As a trader, it is important to understand the trend of the market and take positions accordingly.
For traders who are looking to short the Nifty future, the stop loss should be placed at the 17292.3 level. This means that if the price of the Nifty future reaches this level, the trader should exit their short positions to limit their losses.
On the other hand, if the Nifty future holds above the 17299.80 level, long positions can be initiated with a stop loss at 17299.80. This means that if the price falls below this level, the trader should exit their long positions to limit their losses.
It is important to note that stop-loss levels should be determined based on the individual trader's risk appetite and trading strategy. Traders should also closely monitor the market and adjust their stop loss levels as necessary.
In conclusion, the current trend of the Nifty future is bearish, and traders who are looking to short the market should place their stop loss at 17292.3. Long positions can be initiated only if the Nifty future holds above the 17299.80 level, with a stop loss at the same level. Trading in Nifty futures requires careful analysis and risk management, and traders should always keep their trading strategy in mind while making decisions.