Nifty opened with a big Gap-down, we saw further sell-off in the morning and Nifty made a low near 17650 which acted as support and we saw almost 140 points recovery from lower levels.
Trades we took Today:
> Bought Nifty 17700 CE at 210 which we booked with 20 points loss
> Bought Nifty 17800 PE at 180 which went above our Last Target 234 and Traders booked...
NSE:NIFTY
Trade Setup for 07-01-2022
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...
Nifty opened a flat and after consolidation in the morning, Nifty broke our Buy level 17830 and again we saw a good positive day.
Trades we took Today:
> Bought Nifty 17650 CE at 175 which we booked at the cost
> Bought Nifty 18050 PE at 220 which we booked with 15 points profit
> Bought Nifty 18000 PE at 205 which we booked with 25 points loss
> Bought Nifty...
NSE:NIFTY
Trade Setup for 06-01-2022
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...
Nifty 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...
Hello Traders,
NIFTY@05/01/2022:
-------------------------
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 )
-------------------------------------
Happy Learning and Trading.
Rules to...
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...
Nifty 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...
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...
Nifty 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...
NSE:NIFTY
Wishing you all a happy new year. All the best for this new year 2022.
--------------------------------------------------------------------------------------------
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...
Nifty 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...
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...
Nifty 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...
Nifty 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...
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...
Nifty 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...
![NIFTY: Simple Trade Setup | NIFTY | 07-01-2022[INTRADAY]](https://s3.tradingview.com/7/7r3Wjttz_mid.png "Simple Trade Setup | NIFTY | 07-01-2022[INTRADAY]")
![NIFTY: Simple Trade Setup | NIFTY | 06-01-2022[INTRADAY]](https://s3.tradingview.com/p/p1GgiaKc_mid.png "Simple Trade Setup | NIFTY | 06-01-2022[INTRADAY]")
![NIFTY: Simple Trade Setup | NIFTY | 05-01-2022[INTRADAY]](https://s3.tradingview.com/j/jmKN33mg_mid.png "Simple Trade Setup | NIFTY | 05-01-2022[INTRADAY]")
![NIFTY: Simple Trade Setup | NIFTY | 04-01-2022[INTRADAY]](https://s3.tradingview.com/z/ZOFJG36Y_mid.png "Simple Trade Setup | NIFTY | 04-01-2022[INTRADAY]")
![NIFTY: Simple Trade Setup | NIFTY | 03-01-2022 [ INTRADAY]](https://s3.tradingview.com/l/Lhc71beN_mid.png "Simple Trade Setup | NIFTY | 03-01-2022 [ INTRADAY]")
![NIFTY: Simple Trade Setup | NIFTY | 31-12-2021 [INTRADAY]](https://s3.tradingview.com/6/6CbZWW47_mid.png "Simple Trade Setup | NIFTY | 31-12-2021 [INTRADAY]")
![NIFTY: Simple Trade Setup | NIFTY | 30-12-2021 [ INTRADAY ]](https://s3.tradingview.com/d/Df18edxJ_mid.png "Simple Trade Setup | NIFTY | 30-12-2021 [ INTRADAY ]")
