NIFTY FUTURES | IS 3000 POINTS FALL COMING?SGX Nifty is coming towards the significant resistance 17800 - 17900. We have already seen 2000+ points fall 3 times from this resistance. If it repeats we may see Nifty below the 15k mark by mid-November.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Niftyfutures
#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 )
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
#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 )
NIFTY FUTURES 08 AUGUST 2022Today 05 August 2022, Nifty started from my zone 17417-17367 went up to supply zone 17505-17477
It got rejected from there and came back to the opening zone 17417-17367
Simplly the Power of Zones, hope you loved it.
No Major changes for 08 August 2022, Monday, Just the shift of 2 zones.
Keep ur money and risk management in control and trade the zones for flawless results.
BEST OF LUCK.
NIFTY FUTURES 04 AUGUST 2022Did you observe how Nifty reacted to my zones, opened from zone of 17420-17401 took support from 17263-17241 exactly and went back and ended at the same opening zone of 17420-17401.
After many days today there is no change in zones and levels.
Trade only on levels and zones with proper SL & TP.
NIFTY FUTURES 01 JULY 2022Nifty on Friday 29th July 2022, Gapped up and stuck into my zone, consolidated for the whole day and then gave a good break out from the zone. That's the power of Zones.
Kindly trade only from my zones and levels to get proper entries and stop losses. We have got many Supply zones above, hence if Nifty goes up, it will have a slow momentum as compared to last week. Kindly note the same.
NIFTY FUTURES 21 JULY 2022Nifty today started from my zone 16510-16494 and ended at the same zone.
Power of Zones and Levels
Tomottow i am expecting a corrective move, but global markets are positive by now, lets see how it plays out.
Even if its a profit booking corrective move tomorrow, uptrend has not yet completed, kindly note it..
NIFTY FUTURES 15 JULY 2022NIFTY TODAY 14-07-22
NIFTY blindly followed my Zones, started from Zone 15962-15992, took U turn near 16085-16107, dropped down to 15876-15918, got strong support and ended near upper range of the zone.
Also not that it has bounced from the lower end of the uptrending channel which was just below the zone 15876-15918.
NIFTY TOMORROW 15-07-22
Expecting a up move to zone 15970, followed by a down move for tommorow.
You are continuously witnessing the power of my zones and levels.
I dont belive in prediction but reaction to the zones and leves.
NIFTY FUTURES 14 JULY 2022NIFTY TODAY 13.07.2022
Started just below my zone of 16112, moved slowly to the upper border and finally fell from the zone upper border of 16139
Stopped at mid channel and consolidated for 2 hours, then gave a good breakdown crossing the lower zone of 16032-16013, but the zone acted as a magnet brought the price back to 16013 again.
Then finall ended at 15992 not very far from the zone 16032-16013
NIFTY TOMORROW 14-07-2022
Please follow the levels and zones and trade with price confirmation.
NIFTY FUTURES 08 JULY 2022NIFTY TODAY 07-07-22
Gapped up and opened in my zone 16062-16093, consolidated around it for the whole day and finally ended near the trend line and next upcoming zone.
Power of Zones
NIFTY TOMORROW 08-07-22
Just observe how price is behaving to my levels and zones, hence only trade around it with price action confirmation.
NIFTY FUTURES 07 JULY 2022NIFTY TODAY 06-07-22
Hovered around my zone 15827-15853 for first 45 minutes due to indecision of bulls & bears but then accumlated on the same zone and hit the zone of 15994-16014 directly.
Got some resistance from there and dropped but ultimately ended in the zone at day end.
Power of ZONES
NIFTY TOMORROW 07-07-22
As Nifty has tested 16000 thrice in two days, its now high time for Nifty to travel to 16200 levels, to fill the gap of 10-13 June 2022
Tomorrow due to expiry it may remain highly volatile but it will surely reach 16200 in a day or two.
If u are a strangle lover, keep your monthly strangles above 16500 on call side and below 15200 put side.
16800 CE and 15000 PE in monthly are the safest adjustment free strangles as of now.
NIFTY FUTURES 06 JULY 2022NIFTY TODAY 05-07-22
Did you see mates how Nifty reacted to my levels even in highly volatile panic situatuion.
Started Gap up, took support from my 15876-15859 zone went up rapidly and stopped at trendline exactly at 16014 and reversed.
Reversal was so fast that it didnot respect the trendline at 15901, broke the 15859 zone and retraced to the same zone took resistance and further fell to zone below of 15756-15727 zone, ended around it.
NIFTY TOMORROW 06-07-22
The more and more Nifty is getting volatile, the more zones are coming closer, which will make it move in range and increase volatility.
Best of Luck for Tomorrow, kindly trade around zones and levels with price action confirmation.
#Nifty-05/07/2022-LevelsHello Traders,
+++++++++++
#Nifty-05/07/2022-Levels
-------------------------------------
If Market Opens as a-
GAP-UP: Support of PWH (BUY) – Rejection of PDH (SELL)
FLAT: Support of PWH (BUY) – Rejection of IMP (SELL)
GAP-DOWN: Support of IMP (BUY) – Rejection of IMP (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 )
#Nifty-04/07/2022-LevelsHello Traders,
+++++++++++
#Nifty-04/07/2022-Levels
-------------------------------------
If Market Opens as a-
GAP-UP: Support of PDH (BUY) – Rejection of R@1 (SELL)
FLAT: Support of PDH (BUY) – Rejection of IMP (SELL)
GAP-DOWN: Support of IMP (BUY) – Rejection of IMP (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 )