Get started

Niftyindia

Nifty-13/09/2022-LevelsHello Traders, Welcome to SriTrader5121 Nifty-13/09/2022-Levels Possibility 1: If market opens as a FLAT and move to UP then BUY with the Support of PDH and SELL with the Rejection of PDH. (or) If market opens as a FLAT and move to DOWN then BUY with the Support of PDL and SELL with the Rejection of PDL. Possibility 2: If market opens as a GAP-UP and move to UP-Side then BUY with the Support of PDH and SELL with the Rejection of R@1. (or) If market opens as a GAP-UP and move to DOWN-Side then BUY with the Support of PDH and SELL with the Rejection of PDH. Possibility 3: If market opens as a GAP-DOWN and move to UP then BUY with the Support of PDL and SELL with the Rejection of PDL. (or) If market opens as a GAP-DOWN and move to DOWN then BUY with the Support of S@1 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 ------------------------------- 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
Nifty daily analysis for 08/09/22Nifty has taken support from its 20DMA after a gap down and has closed almost flat. On the hourly time frame, it took resistance from its 20 ema and closed just below it. Nifty has consolidated in the second half of the session. The moving averages are close enough and market has closed just above the levels. Support:- 17600, 17530, 17480 Resistance:- 17640, 17710 The market can be trending as the market has consolidated and tomorrow is a weekly expiry. Wait for the price action near the levels before entering the markets.
NSE:NIFTY
by Mambotrade
Morning Mantra, 7th September 2022Just as we have been stating these days, similarly Nifty is consistently trading in an indecisive mode. Rather we can observe how the index is struggling to cross over the big candle that was made on 30th of August 2022. However, we are still with our words, that with the support of 17300 on closing basis, a cross over of above 17800 will bring a substantial rise in the levels of Nifty. Until then continue following the Cherry Picking Strategy. Nifty Levels 15270-15400-15580-15800 -16200-16350-16700-17300 -17800 -18100-18350 Nifty’s Previous Day Closing - 17655.60 (-10.20) Regards, Alok Daiya
NSE:NIFTY
by alokdaiya
Simple Trade Setup | NIFTY | 02-09-2022 [INTRADAY]NSE:NIFTY Trade Setup for 02-09-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:NIFTY
by Trading_hawk
Nifty 01/Sep/2022 Expiry Day Predictionwe might see the market be opened in a gap down state(i.e > 100 points). The reason for it is by overlooking the below points: 1) From option chain data we can see that there is an increase in call sellers as today's market has shown a great movement so it can be used to trap retail traders. 2) SGX Nifty is trading in a downtrend and more downward momentum can be expected in it. 3) Today Nifty closing price is at the most crucial resistance from which it has already seen rejection more than 3 times. So the market can come to retest the level 17750 and if the market breaks the level upward then we can see it to make a high of 18000 and above but if that resistance level is respected then we can see a fall till 17312 on the same day or in next week. 4) From Fibb. retracement levels it can be seen that its target in the upward trend is 17885 & downward target is 17312. And likely it can be seen to move towards 17312 due to heavy Selling & Profit Booking. 5) No Heavy Profit booking done yet by FII's & DII's so we can see the change from that also. Let's see what surprises Market has for us on Expiry Day. *For educational purpose only
NSE:NIFTY
by suitableAntelo77835
2
#Nifty - Falcon Waves 3D We are somewhere in overbought area but this rally is continuing upwards, we all want a pull back, don't we? Looks like 17910 is possible, with pull back to 16400 levels on cards, and then rally should continue upwards. Does this mean local bottom was done? Very much possible with new Falcon Wave count shared earlier What are your thoughts? I actually had to use a 3D chart to share this, the continued upward rally has been painful for the wave count however only thing that has helped is heikinashi candles. Start using it!
NSE:NIFTY
by Falcon_Trader_1
Simple Trade Setup | NIFTY | 24-08-2022 [INTRADAY]NSE:NIFTY Most of the trade setup will be same as per previous one. Trade Setup for 24-08-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:NIFTY
by Trading_hawk