Niftyintraday
Simple Trade Setup | NIFTY | 02-08-2022 [INTRADAY]NSE:NIFTY
Trade Setup for 02-08-2022
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.
Simple Trade Setup | NIFTY | 01-08-2022 [INTRADAY]NSE:NIFTY
Trade Setup for 01-08-2022
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.
Nifty spot chart analysis for 29.07.2022Nifty is standing just below a strong resistance zone of 16951 to 17008.
if nifty crosses above 17008 then it may also cross 17068 and may reach to the level of 17125.
between 17125 to 17182 is an Extremely strong resistance.
if nifty crosses over 17182 then it may reach to the level of 17238.
if nifty moves down below 16896 then it may also cross 16840 and may reach to the level of 16780.
if nifty moves down below 16780 then it may reach to the level of 16722.
If nifty crosses down 16722. then it may take bounce back from bounce back zone.
IT IS HIGHLY UNLIKEY THAT NIFTY WILL CROSS 17239 AND REACH TO THE HIGHER LEVELS.
Simple Trade Setup | NIFTY | 25-07-2022 [INTRADAY]NSE:NIFTY
Observations:
1) On 1D time frame, we can see Nifty is at important level range. This broader range is from 16705-16775 level range.
This range is flip range for longer time frame as of now.
Please refer below chart : 1Day time frame.
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Trade Setup for 25-07-2022
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.
Nifty spot chart analysis for 25.07.2022Nifty is standing below strong resistance of 16722.
Nifty is standing below strong resistance of 16722.
between 16780 to 16840 is an Extremely strong resistance.
if nifty crosses over 16840 then it may also cross 16892 and may reach to the level of 16951.
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if nifty moves down below 16722 then it may also cross 16668 and may reach to the level of 16612.
if nifty crosses below 16612 then it may take support on 15643, 16543 is a strong support.
If nifty crosses down 16543. then it may take bounce back from bounce back zone.
If nifty crosses down 16543. then it may take bounce back from bounce back zone.