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Niftyintradaylevels

NIFTY Intraday Trade Setup For 30 Apr 2024NIFTY Intraday Trade Setup For 30 Apr 2024 Bullish-Above 22660 Invalid-Below 22610 T- 22875 Bearish-Below 22500 Invalid-Above 22550 T- 22333 NIFTY has closed on a bullish note today, clocked exactly 1%. Tomorrow once again we can expect bullish move if today's high is sustained. In the weekend we discussed hourly levels as 22650 and 22300. It has tested the upper level so above 22660 we will maintain a bullish view for a fresh ATH. High probability trade will be in buy side on flat opening or slightly below 22640. 25500 will be a confluence zone just like today. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 22660 then we will long for the target of 22875. For selling we need a 15 Min candle close below 22500. T- 22333. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:NIFTY
by Omahto
NIFTY Intraday Trade Setup For 29 Apr 2024NIFTY Intraday Trade Setup For 29 Apr 2024 Bullish-Above 22630 Invalid-Below 22580 T- 22810 Bearish-Below 22380 Invalid-Above 22430 T- 22145 NIFTY has closed with a gain of 1.23% last week. Index is still trading sideways in the parallel channel. Till the time index trades between this parallel channel direction trades in short term is risky. 21700 and 22800 is the range for a short term trigger. Breakout of this range will establish a trend in short term as these are weekly levels. 22300 is the last hourly swing low, breakdown may trigger a good fall. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 22630 then we will long for the target of 22810-50. For selling we need a 15 Min candle close below 22380. T- 22145. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:NIFTY
by Omahto
NIFTY Intraday Trade Setup For 26 Apr 2024NIFTY Intraday Trade Setup For 26 Apr 2024 Bullish-Above 22630 Invalid-Below 22580 T- 22810 Bearish-Below 22450 Invalid-Above 22500 T- 22295 NIFTY has closed on a bold bullish note today with 0.75% gain. It is a bold candle as it gaped down 85 points and then recovered till 22625. Tomorrow is likely to be bullish day. Broadly we are still trading between this rising parallel channel in daily TF. 22465 will act as a support and one can have a bullish plan from this level. Best trade will be opening below 22625 and then breakout of 22630. Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 22630 then we will long for the target of 22810-50. For selling we need a 15 Min candle close below 22450. T- 22295. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:NIFTY
by Omahto
Nifty monthly expiry levels for intraday trade 25/04/24.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 opportunity in the market. Tomorrow is the monthly expiry for the index and as the market is behaving a move can be seen, if there is a slight gap up/down or a flat opening. If there is a flat opening and consolidation in the first half, the break out or break down in the second half can give a trending move. Major Support levels:-22330, 22240 Resistance levels :- 22480, 22610 Market has remained volatile this whole month. For last 3 months dojis can be seen on the charts showing confusion among the market participants. Wait for the market to clear the trend for positional trades. Price action around the levels should be there for entering a trade.
NSE:NIFTY
by TheMamboMomentum
NIFTY Intraday Trade Setup For 24 Apr 2024NIFTY 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 less than 100 points. VIX crashed drastically and by this index once again is not good for intraday traders. VIX above 15-16 will bring intraday tradable environment. Index looks week below 22340 and this looks probable tomorrow. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 22450 then we will long for the target of 22665. For selling we need a 15 Min candle close below 22340. T- 22140. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:NIFTY
by Omahto
NIFTY Intraday Trade Setup For 23 Apr 2024NIFTY 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. Tomorrow on a flat opening if index breaks today's high then it will directly test 22665 zone. Bears will try to take charge below 22250 but for safer side plan short below 22190. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 22390 then we will long for the target of 22665. For selling we need a 15 Min candle close below 22190. T- 22000. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:NIFTY
by Omahto
Nifty intraday levels for 23/04/24.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 chance of bearish move as the market recovered quickly from the low. Major support levels :- 22160-230, 22000 (round number) The market on the hourly charts has closed above both the moving averages which shows some positiveness in the market. Resistance levels :- 22500, 22620 Wait for the price action near the levels before entering the market. Gaps can alter the trading plan. Watch the price action around the levels and trade accordingly.
NSE:NIFTY
by TheMamboMomentum
NIFTY Intraday Trade Setup For 22 Apr 2024NIFTY 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 next bearish move will be triggered which will be a breakdown of rising channel in daily TF. However 21700 is a major weekly support below which index will be bearish in medium term. In case of a gap up possibility of sell off will be high. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 22190 then we will long for the target of 22405. For selling we need a 15 Min candle close below 22000. T- 21800. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:NIFTY
by Omahto
NIFTY Intraday Trade Setup For 19 Apr 2024NIFTY 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 TF. It was said @21520 that there is a high possibility of NIFTY making a short term top. Since then it has been sell on rise market and same approach should be kept till index makes a bullish reversal structure in daily TF. Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes below 21950 then we will long for the target of 21750 and 21585. In case of gap up we will short from 22250. T- 22080. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:NIFTY
by Omahto
Nifty weekly expiry analysis and levels for intraday 17/04/24.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 moving average or previous support levels. Major support levels :- 22095, 22000 Resistance levels :- 22210, 22270, 22430 Negative price action formation around the resistance/support level can be traded in intraday with strict SL. Wait for the price action near the levels before entering the market.
NSE:NIFTY
by TheMamboMomentum
Nifty - Intraday levels & Prediction for - 18 Apr 2024Nifty 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 and Supply zone for profitable trades. Demand and Supply Zones - When price breaks the zone, Demand zone will become Resistance and Supply zone will become Support. Refer the chart for detailed Intraday Support and Resistance levels. Happy Trading!!
NSE:NIFTYLong
by ViVenTraders
NIFTY Intraday Trade Setup For 16 Apr 2024NIFTY 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 below sell level- 22500 so fresh positions could not be opened as per the discussed entry and RR. So one need to wait incase it retest 22600 to 22550 zone for the swing short entry. Tomorrow best trade will be in short side on a flat opening. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 22430 then we will long for the target of 22660. For selling we need a 15 Min candle close below 22250. T- 22050 and 21825. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:NIFTY
by Omahto
NIFTY Intraday Trade Setup For 15 Apr 2024NIFTY 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 short term if it trades firmly below 22500 with ATH as risk. If there is gap up opening then we will plan a short trade from 22660 or else flat opening short below 22500 will be ideal trade. Coming to Monday's trade setup, if index opens flat and a 15 Min candle below 22500 then we will short for the target of 22300 and then trail in 5 Min TF. On case of a gap up we will short from 22660. T- 22500. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:NIFTY
by Omahto
FASP levels for Nifty 12/04/2024The 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 under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: 1 Day How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:NIFTY
by SathishChandrasekaran
NIFTY Intraday Trade Setup For 9 Apr 2024NIFTY 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. Intraday momentum has really dropped and this is a historical reason as momentum dies in bull market, FUT and option selling suited market. Tomorrow 22710 will be an important resistance, a shooting star in 5 Min TF will be good to short. Below 22600 we will short. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 22710 then we will long for the target of 22865. For selling we need a 15 Min candle close below 22600. T- 22420. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:NIFTY
by Omahto
NIFTY Intraday Trade Setup For 8 Apr 2024NIFTY 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 bullish view and below its low-22300 we will plan a bearish view. Probability of upmove seems high but will follow market to trigger. Index has created inside candle on Friday which indicates a potential compression in markets so between 22620 and 22300 we will avoid directional trade. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 22620 then we will long for the target of 22830 and 23030. For selling we need a 15 Min candle close below 22300. T- 22090. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:NIFTY
by Omahto
NIFTY Intraday Trade Setup For 5 Apr 2024NIFTY 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 downside below 22380 and gave 70+ points move in favor then it recovered 70% from where it fell. Tomorrow it will be both way moves once again die to RBI Credit Policy. So Personally I will avoid trading tomorrow. Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 22620 then we will long for the target of 22830 and 23030. For selling we need a 15 Min candle close below 22300. T- 22090. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:NIFTY
by Omahto