Simple Trade Setup | NIFTY | 30-05-2022 [INTRADAY]NSE:NIFTY
Trade Setup for 30-05-2022
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.
Niftyintraday
Nifty Expiry Trade Setup | 26th MayNifty opened with a small gap-up around 16200, we saw a morning high around 16233 and got a good fall from upper Levels.
Tomorrow, if the Nifty breaks 15990 on the downside, we expect to see a further downmove but book your profits quick as we may see expiry volatality.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 16120
Sell Below - 15990
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Intraday Trade Setup | 25th MayNifty opened with a small gap-up around 16230, we saw a morning high around 16260 and got a good fall from upper Levels. We suggested buying 16200 PE @ 155 and added more @ 130 which made a high above 200.
Tomorrow, if the Nifty breaks 16100 on the downside, we expect to see a further downmove but 16000 is psychological support to don't expect bigger targets.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 16200
Sell Below - 16100
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Intraday Trade Setup | 24th MayNifty opened with a gap-up around 16290, in morning volatility made a low near 16185 and gave an excellent upmove above 16400.
Tomorrow, if the Nifty breaks 16300 on the upside, we expect to see a further upmove.
Expectations for Tomorrow: Range-bound day.
Intraday Levels:
Buy Above - 16300
Sell Below - 16180
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Intraday Trade Setup | 23rd MayNifty opened with a gap-up around 16044, it was a trending day and Nifty made a high above 16280.
Tomorrow, if the Nifty breaks 16300 on the upside, we expect to see a further upmove.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 16300
Sell Below - 16200
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Intraday Trade Setup | 20th MayNifty opened with a gap-down around 15940 and after making a high near 15985 we saw more selling and Nifty formed low below 15800.
Tomorrow, if the Nifty breaks 15860 on the upside, we expect to see an upmove.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 15860
Sell Below - 15770
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Simple Trade Setup | NIFTY | 23-05-2022 [INTRADAY]NSE:NIFTY
Trade Setup for 23-05-2022
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 Expiry Trade Setup | 19th MayNifty opened with a gap-up around 16327 and after making a high near 16400 we saw selling as expected and Nifty made a low below 16220.
Tomorrow, if the Nifty breaks 16190 on the downside, we expect to see a downmove.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 16350
Sell Below - 16190
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Intraday Trade Setup | 18th MayNifty opened with a gap-up around 15971 and after making a low at 15900 we saw a straight upmove in Nifty and it gave approx 400 points rally.
Tomorrow, if the Nifty breaks 16300 on the upside, we expect to see a follow-up upmove.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 16300
Sell Below - 16190
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Intraday Trade Setup | 17th MayNifty opened with a gap-up around 15853 and after making a low near 15740 we saw an upmove in Nifty towards 15980 but today again we saw selling from upper levels.
Tomorrow, if the Nifty breaks 15910 on the upside, we expect to see an upmove.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 15910
Sell Below - 15700
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Intraday Trade Setup | 16th MayNifty opened with a gap-up around 16000, made high at 16030 in the morning and we saw a pullback but Nifty sustained above our Buy level 15920 again and went towards 16080 zones. We also shared sell trade during live market @ 16050 and we saw a sharp selling from that level.
Tomorrow, if the Nifty breaks 15900 on the upside, we expect to see an upmove.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 15900
Sell Below - 15700
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Intraday Trade Setup | 13th MayNifty opened with a gap-down due to global cues around 16034 and we saw selling pressure since morning as we updated in yesterday's analysis.
Trades we took today -
> Bought Nifty 16200 PE at 205, it went above our Last Target of 255 and Traders booked profit in this Trade
> Bought Nifty 15800 CE at 95 which we booked with 10 points loss
> Bought Nifty 16000 PE at 130 which we booked with 8 points profit
> Bought Nifty 15700 CE at 140, it went above our 3rd Target of 190 and Traders booked profit in this Trade
Overall, Nifty Option buyers booked profits.
Tomorrow, if the Nifty breaks 15920 on the upside, we expect to see an upmove.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 15920
Sell Below - 15700
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Simple Trade Setup | NIFTY | 16/05/2022 [INTRADAY]NSE:NIFTY
Trade Setup for 16-05-2022
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 | 13-05-2022 [INTRADAY]NSE:NIFTY
Trade Setup for 13-05-2022
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 Expiry Trade Setup | 12th MayNifty opened with a gap-up around 16277 and after making a high at 16318 we saw selling which brought Nifty below 16000 but that acted as support and we saw 220 points recover from lower levels.
Trades we took today -
> Bought Nifty 16400 PE at 165, it went above our 1st Target of 185 and Traders booked profit in this Trade
> Bought Nifty 16200 CE at 148, it went above our 1st Target of 168 and Traders booked profit in this Trade
> Bought Nifty 16400 PE again at 185, it went above our Last Target of 230 and Traders booked profit in this Trade
> Bought Nifty 16400 CE May Expiry at 180 which we booked with 13 points loss at 167
> Bought Nifty 16300 PE at 230, it went above our Last Target of 280 and Traders booked profit in this Trade
Overall, wonderful day and Nifty Option buyers booked insane profits.
Tomorrow, if the Nifty breaks 16250 on the upside, we expect to see an upmove.
Expectations for Tomorrow: Negative morning till 10:30.
Intraday Levels:
Buy Above - 16250
Sell Below - 16090
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Intraday Trade Setup | 11th MayNifty opened with a gap-down around 16257 and we saw a good upmove in the first half which took Nifty towards 16400 but Nifty again faced the rejection and we saw a free fall in the second half.
Trades we took today -
> Bought Nifty 16500 CE May Expiry at 190 which we booked at 225 with 35 points profit
> Bought Nifty 16200 CE at 200 which we booked at 188 with 12 points loss
> Bought Nifty 16350 PE at 175 but booked at a cost due to choppy movement
Overall, Nifty Option buyers booked a small profit.
Tomorrow, if the Nifty breaks 16140 on the downside, we expect to see a down-move but keep small targets as 16000 will act as psychological support.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 16270
Sell Below - 16140
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Intraday Trade Setup | 10th MayNifty opened with a gap-down around 16250 and after making a low near 16140 we saw a good bounce in Nifty towards 16400 but that acted as resistance for the day.
Trades we took today -
> Bought Nifty 16300 PE at 215, it went above our 1st Target of 235 and Traders booked profit
> Bought Nifty 16200 CE at 163 which we booked at 143 with 20 points loss
> Bought Nifty 16200 CE at 165, it went above our Last Target of 204 and Traders booked profit
> Bought Nifty 16300 PE at 145 which we booked at 135 with 10 points loss
Overall, it was not a good day for the SpanAttack Index option group members.
Tomorrow, if the Nifty breaks 16400 on the upside, we expect to see an up-move.
Expectations for Tomorrow: Range-bound day.
Intraday Levels:
Buy Above - 16400
Sell Below - 16270
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Intraday Trade Setup | 9th MayNifty opened with a gap-down around 16440 and was trading in 130 points range 16480 - 16350 for the entire day.
Trades we took today -
> Bought Nifty 16450 CE at 172, it went above our 2nd Target of 198 and Traders booked profit
> Bought Nifty 16450 CE at 145, it went above our 1st Target of 165 and Traders booked profit
> Bought Nifty 16500 PE at 245, added more at 230 and we booked all in profit around 260
Overall, Nifty Option Buyers booked good profit on Range-bound day.
Tomorrow, if the Nifty breaks 340 on the downside, we expect to see another down move.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 16500
Sell Below - 16340
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team