Simple Trade Setup | NIFTY | 13-04-2022 [INTRADAY]NSE:NIFTY
I am giving a bigger range levels in case if we see a trending expiry on either side.
Trade Setup for 13-04-2022
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 Intraday Trade Setup | 11th AprilNifty opened with a gap-up near 17700 but again faced rejection and made low at 17600. We saw a good bounce from the support zone which took Nifty above 17840.
Trades we took today -
> Bought Nifty 17700 CE at 160 which we booked with 7 points loss
> Bought Nifty 17750 PE at 170, it went above our 2nd Target of 202 and Traders booked profit
> Bought Nifty 17700 PE at 160, it went above our 2nd Target of 185 and Traders booked profit
> Bought Nifty 17700 CE at 130 which we booked with 20 points loss
> Bought Nifty 17650 CE at 135, it went above our Last Target of 172 and Traders booked profit
> Bought Nifty 17800 PE at 155 which we booked with 10 points loss
Overall, a volatile day and Nifty Option buyers were in no profit no loss.
Tomorrow, if the Nifty sustains above 17840, we may see an upmove towards the 17980 - 18000 zone.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 17840
Sell Below - 17700
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Simple Trade Setup | NIFTY | 12-04-2022 [INTRADAY]NSE:NIFTY
Trade Setup for 12-04-2022
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 Nifty Trade Setup | 8th AprilNifty opened with a gap-down near 17750 and after forming a low around 17670 we saw more than 100 points recovery but Nifty again faced rejection near 17790.
Trades we took today -
> Bought Nifty 17900 PE at 170, it went above our Last Target of 220 and Traders booked profit
> Bought Nifty 17850 PE at 130, it went above our Last Target of 164 and Traders booked profit
> Bought Nifty 17850 PE again at 95, it went above our 1st Target of 110 and Traders booked profit
> Bought Nifty 17850 PE again at 85, added more at 78 and it went above our 1st Target of 100 and Traders booked profit
Overall, great day and Nifty Option Buyers booked profit.
Tomorrow, if the Nifty sustains below 17620, a further down move is expected.
Expectations for Tomorrow: Trending Day.
Intraday Levels:
Buy Above - 17700
Sell Below - 17620
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Expiry Trade Setup | 7th AprilNifty opened with a gap-down near 17850 and after testing the resistance level of 17900 we saw the selling and it was trading in the 100-120 points range for the whole day.
Trades we took today -
> Bought Nifty 17750 CE at 135, it went above our Last Target of 176 and Traders booked profit
> Bought Nifty 18000 PE at 153, it went above our Last Target of 194 and Traders booked profit
> Bought Nifty 18000 PE again at 160, it went above our 3rd Target of 196 and Traders booked profit
> Bought Nifty 18000 PE again at 180, it went above our 2nd Target of 210 and Traders booked profit
Overall, great day and Nifty Option Buyers booked profit in all 4 Trades.
Tomorrow, if the Nifty sustains below 17760, a further down move is expected.
Expectations for Tomorrow: Range-bound day, Volatality after 1:10 PM.
Intraday Levels:
Buy Above - 17840
Sell Below - 17760
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Intraday Trade Setup | 6th AprilNifty opened with a gap-up at 18089 and we saw selling at open which brought Nifty to 17960, it was also our sell level and Nifty took to support and made another high but couldn't sustain at higher levels.
Trades we took today -
> Bought Nifty 18050 CE 13th April at 190, it came below our SL 160 but we updated to hold the position and it gave 30 points profit.
> Bought Nifty 17950 CE at 135 which we booked with 10 points loss
Movement in BN was more clear hence we took only 2 trades in Nifty. Overall not a good day for Nifty Option Buyers.
Tomorrow, if the Nifty sustains below 17900, we may see a downmove.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 18030
Sell Below - 17900
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Intraday Trade Setup | 5th AprilNifty opened with a gap-up at 17816 and after making a low around 17790 Nifty made a high above 18100 but we saw some selling from higher levels.
Trades we took today -
> Bought Nifty 17900 CE at 160, it went above our Last Target 200 and Traders booked good profit
> Bought Nifty 18000 PE at 100, it went above our last Target 144 and Traders booked great profit
Overall, a great day for Nifty Option Buyers and booked great profit in just 2 Trades.
Tomorrow, if the Nifty sustains above 18070, we may have another up-move.
Expectations for Tomorrow: Range-bound day.
Intraday Levels:
Buy Above - 18070
Sell Below - 17960
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Simple Trade Setup | NIFTY | 05-04-2022 [INTRADAY]NSE:NIFTY
Trade Setup for 05-04-2022
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 Intraday Trade Setup | 4th AprilNifty opened with a gap-down near 17422 which was a day low, we saw a trending day and Nifty went towards 17700.
Expectations for Today: Positive Morning Session.
Intraday Levels:
Buy Above - 17700
Sell Below - 17600
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Simple Trade Setup | NIFTY | 04-04-2022 [INTRADAY]NSE:NIFTY
Trade Setup for 04-04-2022
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 | 01-04-2022 [INTRADAY]NSE:NIFTY
Observations:
1) 15 min time frame it form kind of head and shoulder pattern. But it is not activated. It will be only activated on sustainable breakdown of 17420 level.
Please refer below chart : 15min Time Frame.
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Most of all the levels and trade setup will remain same as per previous.
Trade Setup for 01-04-2022
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 Intraday Trade Setup | 1st AprilNifty opened with a small gap-up at 17522 and after making a low around 17485 Nifty made a high above 17560 but it couldn't sustain at upper levels and we saw selling which bought Nifty near to 17450.
Trades we took today -
> Bought Nifty 17700 PE at 165, it went above our 3rd Target 210 and Traders booked profit
> Bought Nifty 17700 PE at 150, it went above our last Target 200 and Traders booked profit
Due to slow momentum, we took only 2 trades but overall it was a great expiry.
Tomorrow, if the Nifty sustains above 17500, we may have another upmove but 17600 will act as resistance so be cautious.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 17500
Sell Below - 17420
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Expiry Trade Setup | 31st MarchNifty opened with a Gap-up at 17450 and after making a low around 173890 Nifty made a high above 17500 though momentum was slow so not many opportunities for Option Buyers.
Trades we took today -
> Bought Nifty 17600 PE at 140, added more at 125 which we booked at 140 due to slow movement
> Bought Nifty 17500 PE 28th April Expiry at 345, it went above our 3rd Target 390 and Traders booked profit
> Bought Nifty 17400 CE at 138, it went above our 2nd Target 157 and Traders booked profit
> Bought Nifty 17700 PE at 190, it went above our Last Target 240 and Traders booked profit
Overall, it was a great day and Nifty Option Buyers booked a profit.
Tomorrow, if the Nifty sustains above 17520, we may have another upmove but 17600 will act as resistance so be cautious.
Expectations for Tomorrow: Range-bound movement, Volatality after 1:25pm.
Intraday Levels:
Buy Above - 17520
Sell Below - 17400
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Intraday Trade Setup | 30th MarchNifty opened with a Gap-up near 17298 and trading in a very tight range for the whole day 17320 - 17240 which was broken on the upper side in the last 30 mins.
Trades we took today -
> Bought Nifty 17250 CE at 140, it went above our 2nd Target 170 and Traders booked profit
> Bought Nifty 17000 PE 28th April Expiry at 275 which we booked at a cost due to choppy movement
> Bought Nifty 17250 CE again at 140, it went above our 2nd Target 170 and Traders booked profit
> Bought Nifty 17150 CE at 185, it went above our 2nd Target 215 and Traders booked profit
Overall, it was a great day and Nifty Option Buyers booked a profit.
Tomorrow, if the Nifty sustains above 17360, we may have another upmove but 17400 - 17450 is the resistance zone see be cautious.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 17360
Sell Below - 17270
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Simple Trade Setup | NIFTY | 30-03-2022 [INTRADAY]NSE:NIFTY
Please note that this trade setup is considering market opening in range near 17400-420 range as per current global cues/news.
While I am posting this SGXNIFTY is already above 17550+.
If needed will post new trade setup in late night.... stay tuned.
Trade Setup for 30-03-2022
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 | 29-03-2022 [INTRADAY]NSE:NIFTY
Trade Setup for 29-03-2022
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 Intraday Trade Setup | 29th MarchNifty opened with a small Gap-up near 17200 which was resistance and we sharp fall at the open which brought Nifty towards 17000 zones but that acted as strong support as we updated in group and Nifty went above 17230.
Trades we took today -
> Bought Nifty 17200 CE at 140 which we booked with 8 points loss
> Bought Nifty 17150 CE at 135 which we booked with 20 points loss
> Bought Nifty 17200 CE 7th April at 215, it went above our last Target 280 and Traders booked profit
> Bought Nifty 17350 PE at 210, it went above our 3rd Target 250 and Traders booked profit
> Bought Nifty 17150 CE at 205 which we booked with 20 points loss
> Bought Nifty 17250 PE at 175 which we booked with 20 points loss
Overall, it was a bad dau for Nifty Option Buyers.
Tomorrow, if the Nifty sustains above 17240, we may another upmove.
Expectations for Tomorrow: Trending Day.
Intraday Levels:
Buy Above - 17240
Sell Below - 17140
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Intraday Trade Setup | 28th MarchNifty opened with a Gap-up around 17290 and we saw a fall from the open which brought Nifty towards 17080 but that worked as a support and Nifty got bounced towards 17200.
Trades we took today -
> Bought Nifty 17300 CE at 165 which we booked with 10 points loss
> Bought Nifty 17350 PE at 290 which went to 306 but missed our 1st Target by 4 points and we booked at cost
Overall, it was a choppy day and not good for Option Buyers.
Tomorrow, if Nifty sustains below 17120, we may see a down-move.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 17200
Sell Below - 17120
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Simple Trade Setup | NIFTY | 28-03-2022 [INTRADAY]NSE:NIFTY
Trade Setup for 28-03-2022
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 Intraday Trade Setup | 25th MarchNifty opened with a Gap-down at 17114 and after making a low around 17090 in the first 15 mins it showed great recovery towards 17290 but that acted as resistance and Nifty again fall 140 points from day high.
Trades we took today -
> Bought Nifty 17300 PE at 115 which we booked with 30 points loss
> Bought Nifty 17050 CE at 200, it went above to our 2nd Target 225 and Traders booked profit
> Bought Nifty 17400 PE at 160 it went above to our 2nd Target 190 and Traders booked profit
> Bought Nifty 17100 CE at 90, it went above to our 1st Target 110 and Traders booked profit
> Bought Nifty 17050 CE at 125, it went above to our Last Target 175 and Traders booked profit
> Bought Nifty 17200 CE at 35, it went above to our 2nd Target 55 and Traders booked profit
Overall, it was a volatile expiry and Nifty Option Buyers booked great profit.
Tomorrow, if Nifty sustains below 17150, we may see a further down-move.
Expectations for Tomorrow: Trending Day.
Intraday Levels:
Buy Above - 17250
Sell Below - 17150
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team