The index for last 2 trading session is consolidating in a range between 22350-22480 and is sustaining above the moving averages.
A halt candle has been formed after a gap down opening which signifies that the market may give a trending move in coming days.
The drop in the VIX has killed the option premiums and there was option buyers are waiting for a buying...
Nifty will be gap up opening in today's session. After opening nifty sustain above 22390 level and then possible upside rally up to 22510 level in today's session. in case nifty trades below 22330 level then the downside target can go up to the 22210 level.
NIFTY Intraday Trade Setup For 24 Apr 2024
Bullish-Above 22450
Invalid-Below 22400
T- 22665
Bearish-Below 22340
Invalid-Above 22390
T- 22140
NIFTY has closed on a flat note today. Index opened with a 100 points gap up and then index turned sideways. 10 o'clock range was to be used as per trade setup but index did not break and traded within a tight range of...
As per SpanAttack timings algo, we look forward for a fall today after 11:15 AM. Sell Nifty around 11:15 AM today near the crucial resistance levels, try to sell as close as you get.
Sell Nifty: Around 11:15 AM and near crucial important resistance levels.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
Nifty will be gap up opening in today's session. After opening nifty sustain above 22400 level and then possible upside rally up to 22530 level in today's session. in case nifty trades below 22330 level then the downside target can go up to the 22210 level.
NIFTY Intraday Trade Setup For 23 Apr 2024
Bullish-Above 22390
Invalid-Below 22340
T- 22665
Bearish-Below 22190
Invalid-Above 22240
T- 22000
NIFTY has closed on a bullish note with 0.86% gain today. It opened with a big gap up and traded between 10 o'clock range for the whole day. However buy levels was respected as support irrespective of the gap up opening....
Nifty has been trading in the bearish zone and might be this is the retest as it has closed around 61.8% fib level.
Market has taken support from the previous low of around 21800 and recovered closing around 22300 levels.
There was a consolidation after a gap up opening and it closed around the opening price. If the market gives a gap down opening, there will be...
NIFTY Intraday Trade Setup For 22 Apr 2024
Bullish-Above 22190
Invalid-Below 22140
T- 22405
Bearish-Below 22000
Invalid-Above 22050
T- 21800
NIFTY has closed with a cut of 1.65% last week. Last week we had a bearish view as per the 2nd leg shooting star in weekly TF. Trigger of the bearish move was 22500. Index has respected 50 EMA in daily TF. Now Below 21770...
NIFTY Intraday Trade Setup For 19 Apr 2024
Sell_1- From 22250
Invalid-Above 22300
T- 22080
Sell_2- Below 21950
Invalid-Above 22000
T- 21750 21585
NIFTY has closed on a bearish note with 0.69% cut today. Last weekend analysis is going well as we discussed that index will be under bear's grip below 22500 as per the effective 2nd leg shooting star candle in weekly...
Nifty in the last 2-3 sessions has lost 400 points which shows some bearish basis market but it will retrace before another fall.
In case of a gap up opening, there will be a sideways expiry for nifty. Otherwise, after a gap down, there will be a recovery or profit booking in positional/swing trades.
It trading below the 20 ema (daily) and may come to retest the...
Nifty Prediction for Thursday Expiry:
Trend : BULLISH
Sentiment : Positive
Expectation : Strong BULLISH
Nifty is sustaining at strong support level, if this holds good and in case Thursday opens gap up, it is a sign of strong uptrend. Plan for positional entries as well and you can find the intraday levels too marked on the chart.
Look for Buy/Sell at Demand...
NIFTY Intraday Trade Setup For 16 Apr 2024
Bullish-Above 22430
Invalid-Below 22380
T- 22660
Bearish-Below 22250
Invalid- Above 22300
T- 22050
NIFTY has closed on a complete bearish note with 1.1% cut today. In the weekend we discussed that index has formed a short term top as it formed a 2nd leg shooting star in weekly TF. Only thing is that it opened directly...
NIFTY Intraday Trade Setup For 15 Apr 2024
Sell_1- From 22660
Invalid-Above 22710
T- 22500
Bearish-Below 22500
Invalid-Above 22550
T- 22300
NIFTY has closed with a bearish sentiment last week. It has formed a shooting star candle in weekly TF that too in the 2nd leg which I personally consider. There is a strong possibility of NIFTY topping out atleast for...
The FASP for Nifty is listed for 12-04-2024. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels...
NIFTY Intraday Trade Setup For 9 Apr 2024
Bullish-Above 22710
Invalid- Below 22660
T- 22865
Bearish-Below 22600
Invalid-Above 22650
T- 22420
NIFTY has closed on a bullish note with 0.68% gain today. Index has picked the trend above our planned bullish level- 22620 discussed in the weekend analysis. Buy triggered above 22620 and gave a small move till 22697....
NIFTY Intraday Trade Setup For 8 Apr 2024
Bullish-Above 22620
Invalid-Below 22570
T- 22830
Bearish-below 22300
Invalid-Above 22350
T- 22090
NIFTY has closed on a neutral note with slight gain of 1.2% gain. However it has closed above 22500 after 6 attempts. The weekly candle is a neutral and indecisive candle, a spinning top. Above its high-22620 we will plan...
As per SpanAttack timings algo, we look forward for a weakness today in market after 12:20 PM. Sell Nifty around 12:20 PM today, we have marked the crucial resistance levels, try to sell as close as you get.
Sell Nifty: Around 12:20 PM and near crucial important resistance levels.
To motivate us, Please like the idea If you agree with the analysis.
Happy...
NIFTY Intraday Trade Setup For 5 Apr 2024
Bullish-Above 22620
Invalid- Below 22570
T- 22830 23030
Bearish-Below 22300
Invalid-Above 22350
T- 22090
NIFTY has closed with a 0.36% gain today. It was most volatile day after many days, maybe due to RBI event tomorrow. It opened with a big gap up and 10 o'clock range was to be used as per trade setup. Range broke...
