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Niftyfutures

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
NIFTY Weekly levels in Action SEP 19-23 2022 Last Week Weekly levels in action: drive.google.com Next week weekly levels Buy Above 17600.40 Buy Targets 17666.73 17732.70 17786.01 17839.33 17915.24 17961.32 18118.56 18291.15 Sell Below 17519.80 Sell Targets 17453.47 17387.50 17334.19 17280.87 17204.96 17158.88 17001.64 16829.05 If NIFTY goes above 17600 We can BUY with a Stop loss of 17519 or with 17500 PE Hedge or Vice versa for SELL Keep in MIND the Monthly levels act as good support or resistance (See related idea for reference). Day Traders can see the support or resistance to the weekly levels for intra-day support/resistance My Positional Trend Break down point is KEY value for Intraday as well to see the BIAS for the day updated daily Good Possibility of reversal of TREND on 19 EOD or 20th SEP PLAN YOUR TRADE (before market opens) and TRADE YOUR PLAN ( No planning /thinking during trade only action). Not working according to your plan Do NOT Trade.
NSE:NIFTY
by AstroAnalytica
NiftyFuture Key Trading Levels for 16th Aug 2022NiftyFuture Key Trading Levels for 16th Aug 2022. BankNifty Future Key Trading Levels for 16th Aug 2022 Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor before making any trading decision. Leave a comment that is helpful or encouraging. Let's master the markets together.
NSE:NIFTY1!
by sbkurandwad77
#Nifty-09/08/2022-LevelsHello Traders, +++++++++++ #Nifty-09/08/2022-Levels ------------------------------------- If Market Opens as a- GAP-UP: Support of PDH (BUY) – Rejection of PDH (SELL) FLAT: Support of PDH (BUY) – Rejection of PWH (SELL) GAP-DOWN: Support of PWH (BUY) – Rejection of PWH (SELL) _______________________ 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 ------------------------------- 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 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
1
Nifty Future - Educational This Nifty Future Chart i have used in this Educational Tutorial is to summarize how many parameters keep playing in disguise on Daily Charts which is possible to track properly only in Short Term Trades . The Trade Setups for Longs / Shorts are those which i have personally Taken in markets in recent times for short term setups . The Overall Risk Reward is positive till date but not as expected due to high Volatile Markets in last 1 year XABCD Patterns used in this chart is a casual approach to show how things start making sense once the pattern is completed :) ABCD Pattern used is to Project Nifty Future Probable Target in coming days Ongoing Long Setup : Reason 1 : The Last Long Entry which was made around 15th of July is a case of Trend Change Expectation as per Time Cycle , If u notice the projected path of ABCD Pattern (from weekly chart) hasn't moved as expected but there was a price decay instead of time so this trade made a lot of sense Reason 2 : First Entered this trade around 15th of July which was clearly a Buy and i have published this idea under my profile during the day, but with following days Nifty Future hasn't even shown a single day of weakness on Daily Charts on closing basis. How i Projected Targets in advance: All Targets Projected in advance are Fibonacci levels of last swings i personally use 1.27 & 1.61 (to Project Initial & Profit Targets respectively) but if market keeps rolling without correction then i am happy to hold with trailing Stops. This is my First Educational Content for my friends/followers , Tried my best to explain the rational on chart which you can practice by urself using Bar Replays and can find my Entry Reasons which are mostly retracements of last swings . Intraday Trade Setups are totally different as most of these patterns goes unnoticed due to scarcity of time ( attaching few NIFTY ideas i shared in last few days). I will try to make another tutorial for Intraday Trade setups which i mostly trade The downside is as you start trading lower time frames our/your success rate too keep diminishing but the game is to win only via Proper Risk Reward Management in each and every single trade :) which is the hardest task but not an impossible one Do Comment , share and "LIKE" if you find this info valuable to use . Attached below few Related Ideas posted under my profile in recent time. Happy Hunting , Chintamani Disclaimer. I am not SEBI registered analyst. My studies are for educational & General purpose only. Please Consult your financial advisor if you have plans of trading or investing. You yourself hold sole responsibility of profits and your losses arising of above shared info
NSE:NIFTY1!Education
by Chintamoney
#Nifty-08/08/2022-LevelsHello Traders, +++++++++++ #Nifty-08/08/2022-Levels ------------------------------------- If Market Opens as a- GAP-UP: Support of IMP (BUY) – Rejection of IMP (SELL) FLAT: Support of IMP (BUY) – Rejection of PDL (SELL) GAP-DOWN: Support of PDL (BUY) – Rejection of PDL (SELL) _______________________ 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 ------------------------------- 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 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