Nifty Intraday Trade Setup | 5th January 2022Nifty opened with a minor Gap-up above our Buy Level 17650, first half was all choppy movement but in the last hours it gave a trending move and closed above 17800.
Trades we took Today:
> Bought Nifty 17500 CE at 210 which we booked with 20 points loss
> Bought Nifty 17850 PE at 170 which we booked with 15 points loss
Overall, it was a bad day for Option Buyers.
If Nifty sustains above 17830 tomorrow, we may see another follow-up upmove.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 17830
Sell Below - 17720
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Niftyintraday
Nifty-05/01/2022Hello Traders,
NIFTY@05/01/2022:
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If Market Opened as a-
Gap-Up: Support of Resistance ( BUY ) -Rejection of Resistance ( SELL )
Flat: Support of PDH ( BUY ) - Rejection of PDH ( SELL )
Gap-Down: Support of Important ( BUY ) - Support BO ( SELL )
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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 Buy and 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.
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.
Simple Trade Setup | NIFTY | 05-01-2022[INTRADAY]NSE:NIFTY
Trade Setup for 05-01-2022
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 January 2022Nifty opened with a minor Gap-up, broke the resistance of 17450 in the first candle and then Nifty was forming higher highs through0out the day and we saw a trending day today.
Trades we took Today:
> Bought Nifty 17600 PE at 185 which we booked with 5 points loss
> Bought Nifty 17350 CE at 175 which made a high above 250 and Traders booked great profit in this Trade
> Bought Nifty 17400 CE at 210 which made a high above 260 and Traders booked great profit in this Trade
We were also holding 17400 CE Jan Month which we bought at 290 and booked above 400 today.
Overall, it was a great day for Option Buyers.
If Nifty sustains above 17650 tomorrow, we may see another follow-up upmove.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 17650
Sell Below - 17560
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Simple Trade Setup | NIFTY | 04-01-2022[INTRADAY]NSE:NIFTY
Observations:
1) On 1 day time frame, it made a good bullish candle and close above resistance channel.
In worst case it may come to test support from this trendline and if it gets support then it will give buying opportunity.
Please refer below chart : 1 day Time Frame.
2) Also On 1day time frame, we can see that it gave breakout of 100DMA and 50DMA.
50DMA is placed at 17505.21. So range 17500-17510 will be immediate support.
And also it closed in the range of 17600-17650 from where it was taking rejection as well as giving down fall.
I have marked 17600-17650 as no trading zone for safe trade.
Please refer below chart : 1day Time Frame.
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Trade Setup for Date: 04-01-2022
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 | 3rd January 2022Nifty opened flat today saw a great upmove in the morning and it was a trending move.
Trades we took Today:
> Bought Nifty 17400 PE at 180 which we booked with 8 points loss
> Bought Nifty 17200 CE at 220 which made a high around 270 and Traders booked great profit in this Trade
Overall, it was a good day for Option Buyers.
We can see another upmove once Nifty breaks 17400 on the upside but 17500 would be the resistance zone so be cautious.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 17400
Sell Below - 17300
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Simple Trade Setup | NIFTY | 03-01-2022 [ INTRADAY]NSE:NIFTY
Wishing you all a happy new year. All the best for this new year 2022.
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Observations:
1) On 1 day time frame, it is trading just below 100DMA which will be major resistance.
And it is trading above 21DMA which will be major support.
21DMA is placed at 17163.79 and 100DMA is placed at 17425.43 level.
Please refer below chart : 1 day Time Frame.
2) Also On 1 day time frame, we can see it is closed just below the major resistance channel.
Please refer below chart : 1 day Time Frame.
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Trade Setup for Date: 03-01-2022
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 | 31st December 2021Nifty opened flat today, went down to our Sell Level 17150, and bounced back strongly from lower levels. Nifty was still trading in the same range throughout the day.
Trades we took Today:
> Bought Nifty 17350 PE 6th Jan at 185 in which we booked 20 points profit
> Bought Nifty 17350 PE 6th Jan again at 185 which we booked at a cost due to choppy movement
Another choppy day for Nifty Option Buyers.
Nifty is trading in a small range for the last 3 sessions, we would see a trending move once Nifty breaks the Buy or Sell Level.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 17300
Sell Below - 17150
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Simple Trade Setup | NIFTY | 31-12-2021 [INTRADAY]NSE:NIFTY
Observations:
1) On 1 day time frame, it has been trading above 21DMA since last 3 days.
But it is still trading below 50DMA.
Please refer below chart : 1 day Time Frame.
2) On 1 hr time frame, we can clearly see that is has been stuck in range since last 3 days.
Breakout on either side will give good move.
Please refer below chart : 1 hr Time Frame.
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Trade Setup for Date: 31-12-2021
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 | 30th December 2021Nifty opened flat, went down towards 17180 in the morning and we saw a good recovery from lower levels but Nifty couldn't sustain at upper levels too. Nifty was trading in a range throughout the day.
Trades we took Today:
> Bought Nifty 17450 PE at 210 which we booked with 20 points profit
> Bought Nifty 17050 CE at 215 which made a high above 245 and Traders booked good profit in this Trade
> Bought Nifty 17500 PE at 230 which made a high above 280 and Traders booked great profit in this Trade
> Bought Nifty 17000 CE 6th Jan at 315 which we booked with a small profit due to choppy movement
Overall, It was a choppy day but Nifty Option Buyers made a good profit.
Nifty is trading in a small range for the last 2 sessions, we would see a trending move once Nifty breaks the Buy or Sell Level.
Expectations for Tomorrow: Range-bound Day, Volatility after 1:30 PM.
Intraday Levels:
Buy Above - 17300
Sell Below - 17150
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Intraday Trade Setup | 29th December 2021Nifty opened with a Gap-up near 17180 and remained in very short range throughout the day.
Trades we took Today:
> Bought Nifty 17300 PE at 155 which made a high above 175 and Traders booked profit in this Trade
> Bought Nifty 17050 CE at 205 which we booked with 15 points loss
> Bought Nifty 17300 PE again at 150 which we booked with 15 points profit
> Bought Nifty 17000 CE 6th Jan at 330 which we booked at a cost due to choppy movement
Overall, It was a choppy day for Nifty Option Buyers.
Tomorrow, if Nifty sustains above 17250 we may see a follow-up upmove.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 17250
Sell Below - 17150
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Simple Trade Setup | NIFTY | 30-12-2021 [ INTRADAY ]NSE:NIFTY
there is nothing much change as it has been in range since last 3 days. All the levels and trade setup remains same as per previous.
Trade Setup for Date: 30-12-2021
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-29/12/2021For Learning purpose only(take entry's after your own analysis)
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Gap-Up : Above Resistance(BUY) - PDH Below(SELL)
Flat : Support of PDH(BUY) - Important BO(SELL)
Gap-Down : PDL Support(BUY) - PDL BO(SELL)
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Happy Learning and Trading.
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Nifty Intraday Trade Setup | 28th December 2021Nifty opened with a Gap-down below our Sell Level 16960 and Nifty made a low around 16840 in the morning. We saw great recovery from lower levels and Nifty closed at 17086.
Trades we took Today:
> Bought Nifty 17050 PE at 180 which made a high above 220 and Traders booked great profit in this Trade
> Bought Nifty 17100 PE at 200 which we booked with 20 points loss
> Bought Nifty 16900 CE at 185 which made a high above 235 and Traders booked great profit in this Trade
> Bought Nifty 17200 PE at 185 which we booked with 20 points profit
> Bought Nifty 16950 CE at 200 which we booked with 10 points loss due to choppy movement
Overall, a good day for Nifty Option Buyers.
Tomorrow, if Nifty sustains above 120 we may see an follow-up upmove
Expectations for Tomorrow: Trending Day.
Intraday Levels:
Buy Above - 17120
Sell Below - 17000
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Simple Trade Setup | NIFTY | 29-12-2021 [ INTRADAY ]NSE:NIFTY
Observations:
1) On 1 day time frame, it opened above 100 EMA (exponential) and sustain above it.
100EMA will be immediate support now.
100EMA is placed at 17143.85 level.
Please refer below chart : 1 day Time Frame.
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Trade Setup for Date: 29-12-2021
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 | 27th December 2021Nifty opened with a Gap-up around 17160, we saw sharp selling at open, and Nifty made low at 16955.
Trades we took Today:
> Bought Nifty 17100 CE at 125 which we booked with 12-15 points profit
> Bought Nifty 17150 PE at 220 which made a high above 275 and Traders booked great profit in this Trade
> Suggested to Sell Nifty @ 17050 - 17060 and Traders booked easy 70-80 points in this Trade
Overall, a great day for Nifty Option Buyers.
Tomorrow, if Nifty sustains below 16960 we may see a fast down move.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 17070
Sell Below - 16960
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Simple Trade Setup | NIFTY | 28-12-2021 [INTRADAY]NSE:NIFTY
Observations:
1) On 15 min time frame, today it closed above the resistance trendline.
Please refer below chart : 15min Time Frame.
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Still trade setup and levels will be same as per previous.
Trade Setup for Date: 28-12-2021
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 | 27-12-2021[INTRADAY]NSE:NIFTY
Observations:
1) On 1day time frame, it face resistance from the 100DEMA and also close below yesterday's low.
But provisional closing is just above 17000 psychological level.
Now the clear trend will be on Monday. But overall OI data has formed a bit negative.
100EMA is placed at 17143.17, which will be major resistance now.
Immediate support is at 16940 and major support is at 16900 level.
Please refer below chart : 1day Time Frame
2) On 15min time frame, we can see temporary resistance and support trendline.
Breakout on either side will give in the that direction.
Please refer below chart : 15min Time Frame
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Trade Setup for Date: 27-12-2021
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 | 24th December 2021Nifty opened with a Gap-up above our Buy Level 17000 and traded in a small range the whole day.
Trades we took Today:
> Bought Nifty 17150 PE 30th Dec at 162 which made a high above 200 and Traders booked great profit in this Trade
> Bought Nifty 17000 CE 30th Dec at 180 which we booked at a cost due to slow movement
> Bought Nifty 17150 PE 30th Dec at 150 which we booked with 6 points loss
Nothing much today for Nifty Option Traders but we booked Good Profit in Morning Trade.
Tomorrow, if Nifty sustains below phycological level 17000 we can see a down-move.
Expectations for Tomorrow: Trending Day.
Intraday Levels:
Buy Above - 17120
Sell Below - 17000
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Expiry Trade Setup | 23rd December 2021Nifty opened with a Gap-up above our Buy Level 16800 and faced resistance in the 16900 zones which brought Nifty near to 16820 and Nifty went high from that level.
Trades we took Today:
> Bought Nifty 17050 PE at 170 which made a high above 220 and Traders booked great profit in this Trade
> Bought Nifty 16700 CE at 205 which we booked with 25 points loss
Overall, Nifty Option Buyers booked profit on such a choppy day.
Tomorrow, if Nifty sustains above phycological level 17000 we can see a short-covering upmove.
Expectations for Tomorrow: Range-bound Day, Volatality after 1:30.
Intraday Levels:
Buy Above - 17000
Sell Below - 16880
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Simple Trade Setup | NIFTY | 24-12-2021 [INTRADAY]NSE:NIFTY
Observations:
1) On 1day time frame,it face resistance from the 100DEMA (exponential moving average) and still trading below 100DSMA (simple moving average).
And it made doji candle today. Breakout on either high or low of this candle will give trend on that side.
Please refer below chart : 1day Time Frame.
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Trade Setup for Date: 24-12-2021
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.