Nifty Expiry Trade Setup | 3rd MarchNifty opened with a gap-down around 16610, Nifty faced rejection near 16680 and we saw a drop towards 16480 zones. We saw a good short-covering move in the last hour as Banks were oversold.
Trades we took Today:
> Bought Nifty 16600 CE at 205 which we booked with 25 points loss
> Bought Nifty 16600 PE at 200, it went above our 3rd Target 236 and Traders booked profit in this Trade
Overall, a choppy day. Nifty Option buyers managed to recover the morning loss.
Tomorrow, we may see an upmove if Nifty sustains above 16650.
Expectations for Tomorrow: Range-bound day, Volatality after 1:15 PM.
Intraday Levels:
Buy Above - 16650
Sell Below - 16550
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Niftyintraday
Simple Trade Setup | NIFTY | 03-03-2022 [INTRADAY]NSE:NIFTY
Level 16600 is still immediate resistance. Next resistance is at 16800 range. If it gives sustainable breakout of 16800 then we can see short covering which may give 120-150 points up move.
For down side 16500 is immediate support. If it gives sustainable breakdown of it then we can see long unwinding with 100-120 points quick down fall.
Intermediate support is as 16400 and then 16280-16300 is next major support.
Trade Setup for 03-03-2022
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 FebNifty opened with a huge gap-down around 16600 due to Russia Invading Ukraine, Nifty initially tried to hold but due to fear it broke all the supports and made low near to 16200 zones.
Trades we took Today:
> Bought Nifty 16700 PE at 110, it went above our 3rd Target 260 and Traders easily made profit 100% in this Trade
> Bought Nifty 16500 CE at 100, it went above our Last Target 160 and Traders booked profit in this Trade
> Bought Nifty 16500 CE again at 60 which we booked with 25 points loss
Overall, Nifty Option buyers booked great profit.
SGX showing a gap-up opening near 16500, If Nifty sustains above 16500 we may see a follow-upmove.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 16500
Sell Below - 16390
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Simple Trade Setup | NIFTY | 02-03-2022 [INTRADAY]NSE:NIFTY
Trade Setup for 02-03-2022
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 |28-02-2022[INTRADAY]W.R.T SGX NIFTYNSE:NIFTY
Posting this trade setup on request as SGX nifty is showing 16900+ gap up opening at this moment.
You can also refer my previous trade setup linked in end of this idea.
Trade Setup for 28-02-2022
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 | 28-02-2022 [INTRADAY]NSE:NIFTY
Observations:
1) On 1day time frame, after today's recovery we can see that it is still below 200DMA.
200DMA will work as resistance at this moment and is placed at 16900 level range.
Please refer below chart : 1day Time Frame.
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Trade Setup for 28-02-2022
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 | 24th FebNifty opened with a gap-down around 17200 and faced resistance at 17220 levels, Nifty was trading in a narrow range throughout the day which was broken on the downside in the last 30 mins.
Trades we took Today:
> Bought Nifty 17100 CE at 155, it went to our 1st Target 175 and Traders booked profit in this Trade
> Bought Nifty 17250 PE at 132, it went to our 3rd Target 165 and Traders booked profit in this Trade
> Bought Nifty 17050 CE at 165 which we booked with 7 points loss
> Bought Nifty 17200 PE 3rd Mar at 235, it went to our 3rd Target 290 and Traders booked profit in this Trade
Overall, it was a good day and Nifty Option Buyers made a profit in such a choppy market too.
Tomorrow, if Nifty sustains below 17000, we may see a down move.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 17120
Sell Below - 17000
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Simple Trade Setup | NIFTY | 24-02-2022 [INTRADAY]NSE:NIFTY
Trade Setup for 24-02-2022
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 | 23rd FebNifty opened with a big gap-down near 17890 and made low at 17843 in the first 15 mins. Nifty took support in the 17850 - 17800 zone which was a strong support zones for Nifty and we saw good 200 points upmove from lower levels.
Trades we took Today:
> Bought Nifty 17500 PE at 360 yesterday which we booked at 600 - 620 range in the morning
> Bought Nifty 16950 PE at 163 which we booked with 20 points loss
Overall, a wonderful day for Nifty Option Buyers and we overachieved our daily target in yesterday's BTST trade.
Tomorrow, if Nifty sustains below 17040, we may see a down move.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 17150
Sell Below - 17040
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Intraday Trade Setup | 22nd FebNifty opened with a gap-down below yesterday day and we saw a great selling in the morning towards 17070. Nifty showed a good upmove of almost 300 points but again faced rejection near 17350.
Trades we took Today:
> Bought Nifty 17200 PE at 170, It made high above our Last Target 214 and Traders booked great profit
> Bought Nifty 17200 PE again at 210 which we booked with 20 points loss
> Bought Nifty 17500 PE at 255, It made high above our 1st Target 280 and Traders booked profit
> Bought Nifty 17500 PE again at 290, It made high above our Last Target 350 and Traders booked profit
Overall, a great day for Nifty Option Buyers.
Tomorrow, if Nifty sustains below 17180, we may see a fast down move.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 17300
Sell Below - 17180
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Intraday Trade Setup | 21st FebNifty opened flat and after making a low at 17219, Nifty showed a good recovery towards 17380 zones but we saw a rejection in last hours and Nifty came down below 17300.
Trades we took Today:
> Bought Nifty 17200 PE at 165, It made high above our 2nd Target 198 and Traders booked good profit
> Bought Nifty 17250 CE at 225, It made high above our 2nd Target 265 and Traders booked good profit in this Trade
Overall, a great day for Nifty Option Buyers.
Tomorrow, if Nifty sustains below 17200, we may see a down move.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 17360
Sell Below - 17200
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Simple Trade Setup | NIFTY | 21-02-2022 [INTRADAY]NSE:NIFTY
Observations:
1) On 1day time frame, since last few days it is not able to close above 100EMA. 100EMA is immediate resistance range.
Please refer below chart : 1day Time Frame.
2) On 15 min time frame, we can see that it is trading in range and the range is getting squeeze and making descending triangle pattern. On the other point of view one can also see this pattern with bullish flag and pole pattern.
Please refer below chart : 15min Time Frame.
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Trade Setup for 21-02-2022
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 | 18th FebNifty opened with a Gap-up above 17400 and faced rejection at 17440 zones which bought Nifty towards 17235 and we saw a good recovery of around 170 points from lower levels. Nifty again came under selling pressure in last hours and came below 17300.
Trades we took Today:
> Bought Nifty 17200 CE at 185 which we booked with 20 points loss
> Bought Nifty 17500 PE at 190, It made high above our last Target 260 and Traders booked great profit in this Trade
> Bought Nifty 17400 PE at 115, It made high above our last Target 180 and Traders booked great profit in this Trade
> Bought Nifty 17200 CE again at 155, It made high above our last Target 215 and Traders booked great profit in this Trade
Overall, wonderful day for Nifty Option Buyers.
Tomorrow, if Nifty sustains below 17240, we may see a down move.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 17360
Sell Below - 17240
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Expiry Trade Setup | 17th FebNifty opened with a Gap-up above 17400 and we saw selling in the morning towards 17260 which was also our selling level. We saw great recovery from lower levels for approx 130 points but 17490 acted as rejection.
Trades we took Today:
> Bought Nifty 17550 PE at 185 and added more at 165. It made high around 230 and Traders booked great profit in this Trade
> Bought Nifty 17250 CE at 153 and added more at 130. It made high above 250 and Traders booked profit in this Trade
> Bought Nifty 17250 CE again at 205 which we booked with 20 points loss
Overall, it was a highly volatile day and Nifty Option Buyers made a small profit.
Tomorrow, if Nifty sustains below 17260, we may see a fast down move.
Expectations for Tomorrow: Range-bound Day, Volatality after 1:15 PM.
Intraday Levels:
Buy Above - 17370
Sell Below - 17260
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Simple Trade Setup | NIFTY | 16-02-2022 [INTRADAY]NSE:NIFTY
Observations:
1) On 1day time frame, it bounce from 200DMA which was last major support and closed just below 100EMA.
200DMA is placed at 16811 and 100EMA is placed at 17357 level on 1day time frame.
100DMA is immediate resistance. If it trades above it then we can see further upmove.
Also it again back in the support channel. Middle trendline of this channel will work as resistance as of now and again if it gives breakdown of the bottom trendline of channel then we can see down fall again. Breakout of upper trendline of the channel we can see up move.
I am expecting some trading in this support channel range only for few days.
Please refer below chart : 1day Time Frame.
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Trade Setup for 16-02-2022
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 | 16th FebNifty opened with a Gap-up and we saw selling in the morning towards the 16840 zone and Nifty gave a great recovery of more than 500 points from lower levels.
Trades we took Today:
> Bought Nifty 16950 PE at 145, it made high at above our Last Target 186 and Traders booked good profit
> Bought Nifty 17000 PE at 145 which we booked with 20 points loss
Overall, a good day for Nifty Option Buyers. We took more trades in BankNifty today.
Tomorrow, if Nifty sustains above 17380 we may see a further up-move.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 17380
Sell Below - 17260
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Intraday Trade Setup | 15th FebNifty opened with a big Gap-down and we saw follow-up selling towards 16910 zones which acted as a support for some time but Nifty broke this around 2'clock and closed near day low.
Trades we took Today:
> Bought Nifty 17100 PE at 240, it made high at above our 2nd Target 275 and Traders booked profit
> Bought Nifty 17100 PE again at 220 which we booked with minor loss at 210 due to slow movement
> Bought Nifty 17100 PE again at 235, it made high around 340 against our Last Target 285 and Traders booked profit. We asked Traders to hold some qty and trail SL which gave insane profit.
Overall, great day and Nifty Option Buyers booked great profit.
Tomorrow, if Nifty breaks and sustains below 16780 we may see a further down move.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 16910
Sell Below - 16780
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Simple Trade Setup | NIFTY | 15-02-2022 [INTRADAY]NSE:NIFTY
Observations:
1) On 1day time frame, it is near 200DMA now.
200DMA is major support and placed at 16798.73 level range.
Also range of 16700-16770 is a last major support range
Please refer below chart : 1day Time Frame.
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Trade Setup for 15-02-2022
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 | 14th FebNifty opened with a big Gap-down and we saw follow-up selling until 11:00 as expected and updated in the group. Nifty took support near 17300, showed good recovery but again faced the rejection near day high.
Trades we took Today:
> Bought Nifty 17550 PE at 215 which went above our Last Target 270 and we asked Traders to hold this until 11:30 AM. Nifty 17550 PE made a high at 315 and Traders booked great profit in this Trade
> Bought Nifty 17400 CE at 145, it made high at above our 1st Target 165 and Traders booked profit. We again posted about a fall and we saw a great fall in the last hours.
Overall, great day and Nifty Option Buyers booked insane profit.
Tomorrow, SGX showing a big gap-down. We see selling below 17300 but if Nifty opens lower and sustains below 17250 more fall can be seen. Trade cautiously, the market is highly volatile.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 17370
Sell Below - 17250
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Simple Trade Setup | NIFTY | 14-02-2022 [INTRADAY]NSE:NIFTY
Observations:
1) On 1day time frame, it is near the support channel now. Also it closed just above 100EMA.
100EMA is placed at 17368 level.
Please refer below chart : 1day Time Frame.
2) On 15min time frame, we can see an intermediate channel. it can take support from it if it trades above and it can take resistance of it, if it trades below it.
Please refer below chart : 15min Time Frame.
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Trade Setup for 14-02-2022
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 | 11th FebNifty opened with a Gap-up, we saw some selling in the morning Nifty came down near 17430. We saw a great upmove after RBI Policy and Nifty made high around 17640.
Trades we took Today:
> Bought Nifty 17300 CE at 195 which we booked with 15 points loss
> Bought Nifty 17650 PE at 180, it made high at above our 2nd Target 212 and Traders booked profit
> Bought Nifty 17650 PE at 50 which we booked with a small profit of around 70 due to slow movement
After the morning movement, Nifty was trading in a small range. Nifty Option Buyers booked small profit.
Tomorrow, if Nifty sustains above 17640, we may see an up-move.
Expectations for Tomorrow: Trending Day.
Intraday Levels:
Buy Above - 17640
Sell Below - 17550
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Simple Trade Setup | NIFTY | 11-02-2022 [INTRADAY]NSE:NIFTY
Trade Setup for 11-02-2022
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 | 10th FebNifty opened with a Gap-down above our Buy Level 17300 and we saw an upmove towards 17430 zones. After consolidating in 60-70 points range Nifty gave a breakout and closed near day high.
Trades we took Today:
> Bought Nifty 17500 PE Feb Month at 280, it made high at above our 1st Target 300 and Traders booked profit
> Bought Nifty 17500 PE Feb Month again at 268, it made high at above our 2nd Target 292 and Traders booked profit
> Bought Nifty 17550 PE at 165 which we booked at 175 due to slow movement
Overall, it was a good day and Nifty Option Buyers.
Tomorrow, if Nifty sustains above 17480 we may see an up-move.
Expectations for Tomorrow: Range-bound day, Volatality after 12:00 PM.
Intraday Levels:
Buy Above - 17480
Sell Below - 17420
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team