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Niftyfutures

Nifty-19/10/2022-LevelsHello Traders, Welcome to SriTrader5121 ____________________________________ Nifty-19/10/2022-Levels IMPORTENT ZONE FOR THE DAY : 17470 - 17493 Possibilities of Today market open... Possibility 1: FLAT If market open as a FLAT and moves to UP-SIDE then BUY with the Support of PDH and SELL with the Rejection of R@1. (or) If market open as a FLAT and moves to DOWN-Side then BUY with the Support of PDL and SELL with the Rejection of PDL. Possibility 2: GAP-UP If market open as a GAP-UP and moves to UP-Side then BUY with the Support of PDH and SELL with the Rejection of R@1. (or) If market open as a GAP-UP and moves to DOWN-Side then BUY with the Support of PDH and SELL with the Rejection of R@1 or PDH. Possibility 3: GAP-DOWN If market open as a GAP-DOWN and moves to UP-Side then BUY with the Support of IMP and SELL with the Rejection of PDL. (or) If market open as a GAP-DOWN and moves to DOWN-Side then BUY with the Support of IMP and SELL with the Rejection of PDL. _______________________ Happy Learning and Trading Rules to fallow... 1) Trade with Strict Stop Loss. 2) Trade with Small Quantity. 3) Take entries based on Support & Resistance Levels. Please take the trade according to the levels marked, with Risk-Reward. This is not a Buy or Sell recommendation to anyone. Take entries after your own analysis. This is for education purpose and a helping hand to learn trading in market. NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level. I hope you all like my analysis. Follow me to get regular updates. Please do share your thoughts in comment section. Please Hit a LIKE , it motivates me to do analysis and do share with your trading friends. SHORT FORM &FULL FORM ------------------------------- 0.5-> 0.5% Swing PDH-> Previous Day High PDL-> Previous Day Low PDC-> Previous Day Close PDO-> Previous Day Open PWH-> Previous Week High PWO-> Previous Week Open PWC-> Previous Week Close PWL-> Previous Week Low D_S-> Day Support D_R-> Day Resistance W_S-> Week Support W_R-> Week Resistance W_O-> Week Open W_C-> Week Close LW_O-> Last Week Open LW_C-> Last Week Close IMP -> Important R@1, R@2,R@3... ->Resistance-Zones S@1, S@2,S@3... ->Support-Zones MS -> Major Support SH -> Swing-High SL -> Swing-Low DT -> Double Top DB -> Double Bottom TT -> Triple Top TB -> Triple Bottom TF -> Time Frame BO -> Break-Out RR -> Risk-Reward SL -> Stop-Loss GAP -> The area b/w Previous Day Close and Today Open Blue Color Text(S@*,R@*)-> Act as Major Support or Resistance-Zones(Be Alert, Chances to Market take Reversals )
NSE:NIFTY
by SriTrader5121
Analysis For Next WeekAnalysis For Next Week SGX Nifty is Consolidating From Today's Evening Session If SGX Nifty Is Breaks @17340 {And} @17430 Then It Will Move Higher If SGX Nifty Breaks @17200 Then It Will Free Fall Upto @16800 Then You Blindly Do Short Sell With Small STOPLOSS Don't Buy Call Options Sell Call Options And Buy Put Options SGX Immediate Resistance @17380 And @17430 If SGX Nifty Breaks @17430 Then It Will Upto @17646 SGX Nifty Immediate Support @17290 If SGX Nifty Breaks @17200 Then It Will Fall Upto @16800 If SGX Nifty Breaks Major Support @17200 Then It Will Fall Upto @16800  •  DISCLAIMER :-  • Iam Not A SEBI Registered Analyst  • If You Take Any Position Consultant Your Financial Advisor
NSEIX:NIFTY1!Short
by Wealthcreation5
5
Nifty's Structure For Final Week of September seriesHello folks, hope you're safe and doing good. Today I'll be sharing the important levels in nifty futures, which you can trade accordingly. Currently Nifty futures closed at 17335 odd levels, which is lower than the levels I mentioned in my previous post. The monthly candle (bearish harami) and weekly candle (a classic shooting star confirmation follow up for previous week) solidifies all the activity that happened last week. This indicated that bears are officially back in the markets, which was supported by price, volumes, open interest data in both options and Futures, Rise in Vix etc. 1. In the coming week, --> S1: 17250 (very strong); S2: 17125, S3: 17008 --> R1: 17308 - 17336; R2: 17390; R3: 17430 - 17440 (very strong) 2. 17250 will be acting as a key support area. On 26th Monday, we can expect a gap down. If it opens far below it observe the price action, if it opens near this level there is a higher probability of getting a good small scalp in the reverse direction. This level is also crucial as the 200 EMA on 3hrs is coniciding. 3. As I assume you folks already have a good idea of price action, please take a trade carefully at these levels, as reversals or breakouts are very high at these levels. The direction and the conviction in the trade is very important when you try to scalp at these levels. Protect your capital, have a predefined SL, and take trade accordingly. Since we are risking our hard earned money, let's try to risk it at the price levels where there is a high probability of winning (or low probability of losing) Stay safe and good luck for a happy and stress free trading!!
NSE:NIFTY1!Short
by hrithikyadav
Nifty's Structure For September seriesHello everyone, hope you're safe and doing good. Today I'm going to share my analysis on Nifty Futures based on price action + Dynamic trend lines, for the coming days in the september series. Hope it helps in your decision making while trading! As on Sep 17th 2022, here are the observations, and let's listen to what the market is trying to say: 1. Nifty formed a strong bearish candle (almost a Marubozu candle) on the day chart and confirming the the strong volume candles. It is back into the long term channel which is coming from Oct '2021. 2. It broke the midway of the temporary bullish channel drawn based on the jun-aug 2022 rally in the index. Any break below this is a strong confirmation that bears are officially back in the market. 3. The price on Sep 16th 2022, closed below the 20 Day EMA and also the 200 Hourly EMA, which are significant moving averages for intraday players. (Tip: Priority of Moving averages. Weekly >> Daily > Hourly > 15min > 5min. Very important for an intraday option players. Especially option buyers.) 4. The levels of support for nifty Futures is as Follows: 1. 17509, first level of Support. 2. 17430 - 17439, second level of support. 3. 17390, 3rd level of support. Very key support. 4. 17308 - 17336, 4th level of support. Very strong support zone, as it's based on D-chart price action + 50 Day EMA is in that zone. 5. As we all know, volume and price action plays a very important parameters in intraday trading, please bear in mind that the same above mentioned levels can act as support - when volumes on 5min chart are low; or as a breakdown trades - when volumes exceed 200k on 5min charts. 6. Please check the intraday open interest, US DOW Futures, the India VIX and other parameters, before entering a trade on the above mentioned levels. As I'm an option scalper, all these levels would be very helpful for scalping. Stay safe, maintain a calm and composed mindset, follow your discipline and please protect your capital while trading.
NSE:NIFTY1!Short
by hrithikyadav
5