Nifty Intraday Trade Setup | 7th December 2021Nifty opened flat and we saw selling at open, after choppy movement Nifty gave a breakdown and closed near day low.
Trades we took Today:
> Bought Nifty 17300 PE at 190 which we made a high around 400 but we booked early due to choppy movement
> Bought Nifty 17150 CE at 160 which we booked with 20 points loss
> Bought Nifty 16th Dec 17100 PE at 205 which we booked at a cost due to choppy movement
Overall, not a Good day for Nifty Option Buyers.
If Nifty sustains below 16890 tomorrow, we can see a follow-up selling but 16800 is a support zone so book profits early.
Expectations for Tomorrow: Range-bound Day.
Intraday Levels:
Buy Above - 17000
Sell Below - 16890
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Niftyintraday
Simple Trade Setup | NIFTY | 08-12-2021 [ INTRADAY]NSE:NIFTY
Observations:
1) On 1day time frame, today it faced resistance from 100DMA. sustainable breakout of 100DMA will make it bullish.
100DMA is placed at 17195.97 level.
So, we can say that 17195-17200 is immediate resistance.
Please refer below chart : 1 day Time Frame.
-------------------------------------
Trade Setup for Date: 08-12-2021
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 | 6th December 2021Nifty opened with a minor Gap-up and made high around 17500 in the morning but couldn't sustain at the upper level and we saw selling towards 17200 zones.
Trades we took Today:
> Bought Nifty 17350 CE at 210 which we booked around the cost
> Bought Nifty 17400 PE at 150 which we booked with 15 points loss
Overall, not a Good day for Nifty Option Buyers.
If Nifty sustains below 17180 tomorrow, we can see a follow-up down move.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 17250
Sell Below - 17180
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Intraday Trade Setup | 3rd December 2021Nifty opened flat and we broke our Buying Level in the first 15 mins, where BN was sideways today we saw a trending day in Nifty and closed near day high 17400.
Trades we took Today:
> Bought Nifty 17350 PE at 160 which we booked with 15 points loss
> Bought Nifty 17400 PE at 130 which we booked with 5 points loss
> Bought Nifty 17200 PE 9th Dec at 135 which we booked with 10 points loss
> Bought Nifty 17200 CE 9th Dec at 230 which made a high near 300 and Traders booked great profit in this Trade
Overall, not a Good day for Nifty Option Buyers.
We can again see an upmove if Nifty sustains above 17425 tomorrow.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 17425
Sell Below - 17300
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Expiry Trade Setup | 2nd December 2021Nifty opened with a gap-up around 17100 and we saw good upside momentum in the morning, Nifty re-tested our Buying Level and got a good up-move from the 17070 zones.
Trades we took Today:
> Bought Nifty 17050 CE at 160 which we booked with around cost due to slow momentum
> Bought Nifty 17100 CE 9th Dec at 225 which made a high above 260 and Traders booked great profit in this Trade
> Bought Nifty 17200 PE 9th Dec at 210 which made a high above 260 and Traders booked great profit in this Trade
> Bought Nifty 17200 CE 9th Dec at 205 which made a high above 255 and Traders booked great profit in this Trade
Overall, Great day for Nifty Option Buyers.
Nifty closed near Resistance line and we can see good upside momentum above 17220 tomorrow.
Expectations for Tomorrow: Range-Bound day, volatility after 1:30 PM.
Intraday Levels:
Buy Above - 17220
Sell Below - 17060
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Intraday Trade Setup | 1st December 2021Nifty opened with a minor gap-up and we saw a good rally in the morning towards 17324, due to Sudden Selling in Dow Futures Nifty also started falling and lost all the against during Intraday.
Trades we took Today:
> Bought Nifty 17050 CE at 155 which we booked with 25 points loss
> Bought Nifty 16950 CE at 165 which made a high above 270 and Traders booked great profit in this Trade
Overall, Good day for Nifty Option Buyers.
If Nifty breaks and sustains below 16930 level tomorrow, another down move may be seen.
Expectations for Tomorrow: Range-Bound day.
Intraday Levels:
Buy Above - 17070
Sell Below - 16930
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Simple Trade Setup | NIFTY | 02-12-2021 [ INTRADAY]NSE:NIFTY
Trade Setup for Date: 02-12-2021
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 | 30th November 2021Nifty opened with a gap-up around 17070 but we saw sharp selling at open and Nifty made a low around 16780 but we saw a great recovery from lower levels.
Trades we took Today:
> Bought Nifty 16800 CE at 210 which made a high above 400 and Traders booked great profit in this Trade
> Bought Nifty 17100 PE at 165 which made a high above 220 and Traders booked good profit in this Trade
Overall, Wonderful day for Nifty Option Buyers.
If Nifty breaks and sustains below 17000 level tomorrow, we may see 60-120 points fall.
Expectations for Tomorrow: Range-Bound day.
Intraday Levels:
Buy Above - 17100
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 | 01-12-2021 [ Intraday ]NSE:NIFTY
Observations:
1) On 1day time frame, it is still below 100DMA.
Today it failed to make rising star pattern.
100DMA is placed at 17125.51, which is a resistance zone now.
Please refer below chart : 1 day Time Frame.
-------------------------------------
Trade Setup for Date: 01-12-2021
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 | 29th November 2021Nifty opened with a big gap-down due to Covid new variant news and all global markets fall sharply down. We saw selling all day and Nifty closed more than 500 points down around near day low.
Trades we took Today:
> Bought Nifty 17200 CE at 200 which we booked with 20 points loss
> Bought Nifty 17400 PE at 200 which made a high above 400 and Traders booked great profit in this Trade
> Bought Nifty 17100 CE at 190 which we booked with 20 points loss
> Bought Nifty 17200 PE at 170 which we booked with 25 points loss
> Bought Nifty 17100 CE at 180 which we booked with 30 points loss
Overall, not a good day for Nifty Option Buyers.
SGX Nifty indicates a big gap-down opening for tomorrow, Nifty is highly oversold hence be cautious selling at lower levels as we can see a short-covering bounce.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 17100
Sell Below - 16980
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Intraday Trade Setup | 26th November 2021Nifty opened flat today, we saw some selling but yesterday low acted as support, we saw a great recovery, and Nifty closed above psychological resistance 17500.
Trades we took Today:
> Bought Nifty 17600 PE at 170 which made a high above 240 and Traders booked great profit in this Trade
> Bought Nifty 17600 PE Dec Expiry at 330 which we booked with 5 points loss
> Bought Nifty 17400 CE 2ND Dec at 200 which we booked at a cost due to choppy movement
Overall Good Day for Nifty Option Buyers and Traders booked Great profit in Morning Trade Only.
Tomorrow we can see an up-move if Nifty sustains above 17560 but 17600-17630 is resistance zone so book profit quickly.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 17560
Sell Below - 17450
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Expiry Trade Setup | 25th November 2021Nifty opened with a gap-down around our Buying level of 17550 and we saw an upmove through Banks were strong and took Nifty up. In the second half, we saw selling, and once Nifty broke psychological level 17500 the momentum got increased.
Trades we took Today:
> Bought Nifty 17400 CE at 160 which made a high around 220 and Traders booked great profit in this Trade
> Bought Nifty 17400 CE 2ND Dec at 235 which we booked with 25 points profit due to slow movement
> Bought Nifty 17500 CE 2ND Dec at 175 which we booked with 25 points profit
> Bought Nifty 17500 CE Dec Expiry 345 which we booked with 20 points loss and changed the position
> Bought Nifty 17600 PE Dec Expiry 320 which made a high at 415, we booked some at 380-400 and carried some position
Overall Great Day for Nifty Option Buyers.
Tomorrow, we can see another down move if Nifty sustains above 17350 but Trade with caution as we can see high volatility due to weekly and monthly expiry.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 17450
Sell Below - 17350
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Intraday Trade Setup | 24th November 2021Nifty opened with a gap-down below our Sell Level 17370, made low in the morning at 17216 and we saw a great recovery from lower levels.
Trades we took Today:
> Bought Nifty 17200 CE at 180 which made a high above 350 and Traders booked great profit in this Trade
> Bought Nifty 17300 CE at 200 which we booked with around 40 points profit
> Bought Nifty 17500 PE at 135 which we booked around the cost
> Bought Nifty 2ND Dec Expiry 17400 CE at 190 which made a high above 250 and Traders booked good profit in this Trade
Overall Great Day for Nifty Option Buyers.
Tomorrow, we can see another upmove if Nifty sustains above 17550 but 17600 - 17630 is a resistance zone so be cautious.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 17550
Sell Below - 17450
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Simple Trade Setup | NIFTY | 24-11-2021 [ INTRADAY]NSE:NIFTY
Observations:
1) On 1day time frame, it is still above 100DMA but below all of other short term Moving Average. Such as 10, 21 and 50 DMA.
Please refer below chart : 1 day Time Frame.
-------------------------------------
Trade Setup for Date: 24-11-2021
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 | 23rd November 2021Nifty opened with a gap-up near our Buying level 17800 and we saw sharp selling at open due to Reliance Aramco news and Nifty broke its important support zone 17600.
Trades we took Today:
> Bought Nifty 17700 PE at 135 which made a high above 300 and Traders booked great profit in this Trade
> Bought Nifty 17600 CE at 165 which we booked with 15 points loss
> Bought Nifty 17550 PE at 180 which made a high above 290 and Traders booked great profit in this Trade
Overall Great Day for Nifty Option Buyers.
Tomorrow, we can see an upmove if Nifty sustains above 17520.
Expectations for Tomorrow: Range-bound day.
Intraday Levels:
Buy Above - 17520
Sell Below - 17370
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Intraday Trade Setup | 22th November 2021Nifty opened flat around 17895, Nifty faced resistance near our Buying Level 17940 and we saw sharp selling from morning high.
Trades we took Today:
> Bought Nifty 17900 PE at 70 which made a high above 200 and Traders booked great profit in this Trade
> Bought Nifty 17800 PE Nov Expiry at 120 which we booked with 25 points profit
Overall Great Weekly Expiry for Nifty Option Buyers.
We can see a fast down move if Nifty breaks 17730 on the downside tomorrow.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 17800
Sell Below - 17730
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Simple Trade Setup | NIFTY | 23-11-2021 [ INTRADAY]NSE:NIFTY
Observations:
1) On 1day time frame, it is made very bearish candle.
Next moving average which will work as major support is 100DMA.
100DMA is placed at 17035.54.
Immdiate support range is 17355 - 17400 level range.
And major support range is at 17182-17200 level range.
We can also see head and shoulder pattern.
Please refer below chart : 1 day Time Frame.
-------------------------------------
Trade Setup for Date: 23-11-2021
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 | 18th November 2021Nifty opened flat around 17944, Nifty took support from 17900 zones in the morning and we saw a good rally from lower levels but Nifty again faced rejection at 18000 zones and lost all the gains in the second half.
Trades we took Today:
> Bought Nifty 17850 CE at 120 which made a high around 200 and Traders booked great profit in this Trade
> Bought Nifty 18100 PE at 145 which we booked with 20 points loss
> Bought Nifty 18100 PE again at 140 which made a high around 185 and Traders booked good profit in this Trade
Overall Great day for Nifty Option Buyers.
Tomorrow Nifty may see further downfall if it breaks 17880 but we can also see a short-covering rally due to Weekly Expiry so Trade cautiously.
Expectations for Tomorrow: Range-bound Day, Volatality after 1:00 PM.
Intraday Levels:
Buy Above - 17940
Sell Below - 17880
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Intraday Trade Setup | 17th November 2021Nifty opened with a minor Gap-up near our Buy level of 18140 but it didn't sustain at upper levels and we saw selling at open.
Trades we took Today:
> Bought Nifty 18000 CE at 130 which made a high around 170 and Traders booked great profit in this Trade
> Bought Nifty 18100 PE at 80 which made a high around 150 and Traders booked great profit in this Trade as well
Overall Great day for Nifty Option Buyers.
If Nifty sustains below 17950, we can see another 50-100 points fall tomorrow.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 18040
Sell Below - 17950
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team