Nifty 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...
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...
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...
Nifty 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...
Nifty 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...
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. ...
Nifty opened with a Big Gap-up opening above our Buy Level 17650 and Nifty showed good strength in first-half but we saw sharp selling in the second half and Nifty lost all the gain during Intraday.
Trades we took Today:
> Bought Nifty 16900 PE at 170 which made a high above 215 and Traders booked great profit in this Trade
> Bought Nifty 17000 PE at 200 which...
NSE:NIFTY
Observations:
1) On 1day time frame, it is between 100DMA and 200DMA.
100DMA is placed at 17347.25
200DMA is placed at 16274.39
Immediate support is at 16800 level.
Please refer below chart : 1day Time Frame.
2) On 1 hr time frame, we can see that it is now above the temporary trendline.
Please refer below chart : 1hr Time Frame. ...
Nifty opened with a gap-down below last swing low 16775 and we saw panic selling in Nifty which brought Nifty towards 16400 zones and Nifty took to support and got approx 250 points recovery.
Trades we took Today:
> Bought Nifty 16850 PE at 130 which we made a high above 400 and Traders booked great profit in this Trade
> Bought Nifty 16700 CE at 165 which we...
NSE:NIFTY
Trade Setup for Date: 22-12-2021
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...
NSE:NIFTY
Observations:
1) On 1day time frame, it is now near to the 200DMA.
200DMA is placed at 16252.22 level and 100DMA is placed at 17324.55 level.
200DMA will work as major support.
Please refer below chart : 1day Time Frame.
2) On 1 day time frame,we can plot the immediate support 16358-16400 and major support is at 16200 level.
Please refer...
Nifty opened with a minor Gap-up but we saw sharp selling at open and Nifty broke the psychological level of 17000 and closed below that.
Tomorrow, if Nifty breaks 16960 we may see a follow-up down move towards the 16850 - 16800 zone.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 17040
Sell Below - 16960
To motivate me, Please like the...
NSE:NIFTY
Observations:
1) On 1day time frame, it gave closing below 100DMA with strong bearish candle.
Please refer below chart : 1day Time Frame.
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Trade Setup for Date: 20-12-2021
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)...
Nifty opened with a big Gap-up due to Positive Global Cues and we saw selling at open, Nifty again took support near 17200 and traded in a range for most of the time.
Trades we took Today:
> Bought Nifty 17400 PE 23RD DEC at 185 which made high above 240 and Traders booked Great profit in Morning Trade
> Bought Nifty NIFTY 17450 PE at 195 which made a high above...
Nifty opened flat and we saw selling at open towards 17200 zones where Nifty took to support and shown good recovery of more than 100 points but couldn't sustain at higher levels and we saw sharp selling in last 30 mins.
Trades we took Today:
> Bought Nifty 17150 CE at 165 which we booked with 5 points loss
> Bought Nifty 17300 PE at 95 which made a high above...
NSE:NIFTY
Observations:
1) On 15min time frame, we can see it open above the resistance trendline and at the time of closing it closed just above it. Now this trendline will work as support if it trades above it.
Please refer below chart : 15min Time Frame.
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Trade Setup for Date: 17-12-2021
1) Don't Jump in to...
NSE:NIFTY
Observations:
1) On 15min time frame, we can see resistance trendline, if it sustain above it then we can see up-move.
Please refer below chart : 15min Time Frame.
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Trade Setup for Date: 16-12-2021
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge...
![NIFTY: Simple Trade Setup | NIFTY | 28-12-2021 [INTRADAY]](https://s3.tradingview.com/v/vREpyTJi_mid.png "Simple Trade Setup | NIFTY | 28-12-2021 [INTRADAY]")
![NIFTY: Simple Trade Setup | NIFTY | 27-12-2021[INTRADAY]](https://s3.tradingview.com/b/Bjp78c4o_mid.png "Simple Trade Setup | NIFTY | 27-12-2021[INTRADAY]")
![NIFTY: Simple Trade Setup | NIFTY | 24-12-2021 [INTRADAY]](https://s3.tradingview.com/l/LBkQssd9_mid.png "Simple Trade Setup | NIFTY | 24-12-2021 [INTRADAY]")
![NIFTY: Simple Trade Setup | NIFTY | 23-12-2021 [ INTRADAY ]](https://s3.tradingview.com/7/7JNbs793_mid.png "Simple Trade Setup | NIFTY | 23-12-2021 [ INTRADAY ]")
![NIFTY: Simple Trade Setup | NIFTY | 22-12-2021 [ INTRADAY ]](https://s3.tradingview.com/u/UszTR4NA_mid.png "Simple Trade Setup | NIFTY | 22-12-2021 [ INTRADAY ]")
![NIFTY: Simple Trade Setup | NIFTY | 21-12-2021 [ INTRADAY ]](https://s3.tradingview.com/f/fDpjQxf9_mid.png "Simple Trade Setup | NIFTY | 21-12-2021 [ INTRADAY ]")
![NIFTY: Simple Trade Setup | NIFTY | 20-12-2021 [ INTRADAY ]](https://s3.tradingview.com/b/bjBq85PE_mid.png "Simple Trade Setup | NIFTY | 20-12-2021 [ INTRADAY ]")
![NIFTY: Simple Trade Setup | NIFTY | 17-12-2021 [ INTRADAY ]](https://s3.tradingview.com/u/ULL8aBew_mid.png "Simple Trade Setup | NIFTY | 17-12-2021 [ INTRADAY ]")
![NIFTY: Simple Trade Setup | NIFTY | 16-12-2021 [ INTRADAY ]](https://s3.tradingview.com/o/ocOimU69_mid.png "Simple Trade Setup | NIFTY | 16-12-2021 [ INTRADAY ]")