Nifty opened with a gap-up around 18150 and we saw a good up-move in the morning. Nifty faced resistance around 18270 zones and lost all the gains during the Intarady and we saw a sharp recovery after 12:45 and it went above 18300.
Trades we took Today:
> Bought Nifty 18150 CE at 170 which we booked with 20 points profit at 190.
> Bought Nifty 18150 CE again at...
Nifty opened with a big gap-up around 18240 but we saw a sharp sell-off in the morning and Nifty made a low of 17968 in the first hour. We saw a good recovery from that support zone.
Trades we took Today:
> Bought Nifty 18000 CE at 145 which made a high above 280 and Traders booked great profit in this trade.
We only took this trade and Nifty Option Buyers made...
NSE:NIFTY
Trade Setup for Date 26-10-2021:
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...
Nifty opened with a gap-up near our Buy level of 18240 and we saw a good upmove towards the 18310 zones. The price couldn't sustain and sellers again dragged below Thursday's low.
Trades we took Today:
> Bought Nifty 18300 PE at 130 which made a high above 300 and Traders booked great profit in this trade.
We took only 1 Trade in Nifty as already booked great...
Nifty opened with a gap-up near 18380 level and we saw selling since morning, Nifty made a low at 18048 which is more than 350 points down from day high. Nifty took support from that level and we saw a bounce of 170 points.
Tomorrow Reliance result would be there and due to which we can see volatility in Nifty so trade with caution.
Expectations for Tomorrow:...
NSE:NIFTY
Observations:
1) On daily time, since it was trading far away from it's short DMA, which is 10DMA so this kind of correction was necessary.
Today, it finally came near to 10DMA and it managed to close above 10DMA.
And all major 3 gaps are filled above 18000 level.
Please refer below chart : 1day Time Frame.
2) On 15min Time frame, major...
Nifty opened flat today near 18450 level and we saw a sell-off in the morning, Nifty took support near 18320 and rebound towards the 18450 zones again but couldn't sustain.
Trades we took Today:
> Bought Nifty 18350 CE at 120 which we booked at 105 with 15 points loss.
> Bought Nifty 18500 PE at 135 which we booked at 115 with 20 points loss.
Overall today was...
Nifty opened with Big Gap-up above our Buying level of 18550 and we saw a sharp rejection at 18600 zones.
Trades we took Today:
> Bought Nifty 18650 PE at 120 which made a high above 250 and Traders booked great profit in this Trade.
> Bought Nifty 18450 CE at 125 which we booked at 141 and Traders booked good profit in this Trade too.
Overall, a good day for...
NSE:NIFTY
My personal view is Better to avoid trading in INDEX at this moment. .
b]Trade Setup for Date 19-10-2021:
Most of the levels will remains the same as per previous setup.
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...
Nifty opened with Big Gap-up and remained in a range-bound market throughout the day.
Trades we took Today:
> Bought Nifty 18450 CE at 135 which made a high around 160 and Traders booked good profit in this Trade.
> Bought Nifty 18450 CE again at 130 and Nifty 18550 PE at 135 which we booked at a cost due to slow movement in Nifty.
Overall slow market and we...
Nifty opened with Gap-up above our Buy level and remained in a range throughout the day which was broken in the last 2 hours on the upside.
Trades we took Today:
> Bought Nifty 18400 PE at 135 which we booked at 152 and Traders booked good profit in this Trade.
> Bought Nifty 18400 PE again at 100 which made a high above 140 and Traders booked great profit in...
Nifty opened with a gap-up today, formed a bullish candle in the first 15 mins and we saw a good up-move in Nifty.
Trades we took Today:
> Bought Nifty 18200 PE at 100 which made a high around 118 and Traders booked good profit in this Trade.
As Nifty opened with a Gap-up we only took one trade today.
For tomorrow, the rally can continue on the upside if the...
Nifty opened a flat and taken support near 17900 in the morning which was also our Sell level and we saw a 60-70 points bounce from that zone.
Trades we took Today:
> Bought Nifty 17850 CE at 135 which made a high around 163 and Traders booked great profit in this Trade.
> Bought Nifty 17850 CE again at 115 which made a high around 143 and Traders booked great...
Nifty opened with a minor gap-down, took support from our Buying price 17840 and we saw 200 points upmove from there.
Nifty broke the 18000 zones but couldn't close above that, we may see again a good upmove if Nifty sustains above 18000 tomorrow.
Expectations for Tomorrow: Range-bound day.
Intraday Levels:
Buy Above - 18000
Sell Below - 17900
To motivate me,...
Nifty opened with a Gap-up above our Buy level 17850 and remained in 100 points range throughout the day.
Trades we took Today:
> Bought Nifty 17850 CE at 130 which we booked at a cost due to morning volatility.
> Bought Nifty 17800 CE at 145 which made a high around 195 and Traders booked great profit in this Trade.
Overall, we booked a good profit in Nifty...
![NIFTY: Simple Trade Setup | NIFTY | 26-10-2021 [ INTRADAY]](https://s3.tradingview.com/x/xeGFWI1h_mid.png "Simple Trade Setup | NIFTY | 26-10-2021 [ INTRADAY]")
![NIFTY: Simple Trade Setup | NIFTY | 22-10-2021 [INTRADAY]](https://s3.tradingview.com/d/dv4wdVvh_mid.png "Simple Trade Setup | NIFTY | 22-10-2021 [INTRADAY]")
![NIFTY: Simple Trade Setup | NIFTY | 19-10-2021 [ INTRADAY]](https://s3.tradingview.com/n/NNkcc0td_mid.png "Simple Trade Setup | NIFTY | 19-10-2021 [ INTRADAY]")
