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 :...
Nifty 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...
We saw a sharp fall in Nifty and broke previous support of 17800. The near next support zone for Nifty is 17700 which is expected to hold. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Nifty 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...
NSE:NIFTY Observations: 1) On 1day time frame, it closed just above 50DMA. 50DMA is placed at 17842.59. If it goes down till 50DMA and takes support from it then we can see a bounce from it. If it fails to hold above 50DMA then it will be bearish. Please refer below chart : 1 day Time Frame. 2) On 1hr time frame, we can see that it is at the bottom...
NSE:NIFTY Observations: 1) On daily time frame,it closed just below the support trendline. Please refer below chart : 1 day Time Frame. 2) Also On daily time frame, it just closed above 10DMA. 10DMA is placed at 17984.99 level. But it has closed below 21DMA. Please refer below chart : 1day Time Frame. ------------------------------------- ...
Nifty opened with Gap-up above our Buy Level of 18120 and made a high around 18200 in the first candle which also acted as Resistance and we saw a good decline from that level. Trades we took Today: > Bought Nifty 18300 PE at 145 which made a high above 200 and Traders booked great profit in this Trade > Bought Nifty 18100 CE at 135 which we looked at the cost >...
Nifty opened with Gap-down around 18000 which was a psychological resistance and we saw selling at open, Nifty taken support around 17900 zones and gave great upmove. Trades we took Today: > Bought Nifty 18050 PE at 145 which made a high above 175 and Traders booked great profit in this Trade > Bought Nifty 17900 CE at 135 which made a high around 280 and...
NSE:NIFTY After such a flat closing our trade setup and levels are still the same as per previous setup. Observations: 1) On daily time frame, it sustain and took support from 21DMA which is placed at 18081.33 level. Also it is trading above the support trendline. Please refer below chart : 1 day Time Frame. ------------------------------------- ...
NIFTY Intraday Trade Setup For 15 Nov 2021 Buy-Above 18125 Sl-18100 T-18200 18260 18300 Sell-Below 18070 Sl-18100 T-18000 17950 17900 Index has closed just at the resistance. If index sustains above 18125 then index will shoot above 18300 trapping short sellers. But if this is a fakout then index will again come down till 17900. Follow the above given levels...
Nifty opened with Gap-down below our Sell level of 17980 and we saw a further fall towards 17820-17830 zone. Nifty again broke the morning low but 17800 acted as good support and we saw a 90-95 points rally in the last hour. Trades we took Today: > Bought Nifty 17800 CE at 140, we added more at 130 and booked all at 152. Traders booked profit in this Trade >...
NSE:NIFTY Observations: 1) On daily time frame, it finally closed above 21DMA. Which is a positive sign. But for up move it has to sustain above it. 21DMA is placed at 18083.82 level. Please refer below chart : 1 day Time Frame. 2) Also on Daily time frame, it opened above support line and closed above the support line with good bullish candle. This...
Nifty opened with Gap-down below our Sell level of 17980 and we saw a further fall of around 50 points in the morning. Nifty took support near its support zone of 17900 and we saw a good recovery from morning lows. Trades we took Today: > Bought Nifty 17850 CE at 135 which we booked with 15 points profit > Bought Nifty 18050 PE at 120 which made a high around...
NSE:NIFTY Observations: 1) On daily time frame, it couldn't cross 21DMA and remained below it. But stayed above 10DMA. It is still between 10DMA and 21 DMA. Good thing is, it managed to close above 18000 level. 21DMA is placed at 18081.99 10DMA is placed at 17943.44 Please refer below chart : 1 day Time Frame. 2) Also on daily time frame, it is...
NIFTY Intraday Trade Setup For 11 Nov 2021 Buy-Above 18120 Sl-18090 T-18190 18260 18300 Sell-Below 17900 Sl-17930 T-17836 17798 Nifty is looking bullish. But tomorrow is expiry so we need to be a bit safe. Will firstly try to sell the hourly range 18100 and 17900. And if index makes a range tomorrow till 1 o'clock then we will simply trade the range breakout.
Nifty opened flat today and faced resistance near our Buying level of 18100, after morning movement we saw a range-bound day whole day. Trades we took Today: > Bought Nifty 18050 CE at 130 which we booked with 20 points loss > Bought Nifty 18150 PE at 145 which we booked with 15 points profit > Bought Nifty 18000 CE at 120 which we booked with 15 points profit >...
NSE:NIFTY Observations: 1) On daily time frame, it faced resistance from 21DMA and closed below it. It is still between 10DMA and 21 DMA. Good thing is, it managed to close above 18000 level. Please refer below chart : 1 day Time Frame. 2) Also on daily time frame, it is still trading above major support trendline. Please refer below chart : 1 day...
NSE:NIFTY Observations: 1) On daily time frame, we can see that it just closed above 21DMA which is placed at 18064.09 level. Please refer below chart : 1 day Time Frame. 2) Also on daily time frame, it managed to close above the support trendline. Which is a good sign as far as it is above this trendline. Please refer below chart : 1 day Time...