NIFTY Intraday Trade Setup For 19 Mar 2024NIFTY Intraday Trade Setup For 19 Mar 2024
Bullish-Above 22130
Invalid-Below 22080
T- 22345 22550
Bearish-Below 21900
Invalid-Above 21950
T- 21634 21400
NIFTY has almost on a flat note with minor gain of 0.14% gain today. Its been 3 consecutive day where it closed inside 13 Mar candle's range. Hourly swings are very important at this point, 22210 and 21900 are levels to watch for breakout. However index has formed inside candles after a decent red candle so below 21900 a fast momentum will be triggered in the downside which will be the breakout of the channel pattern in daily TF.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 21130 then we will long for the target of 22345 and 22550.
For selling we need a 15 Min candle close below 21900. T- 21634 and 21400.
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.
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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.
Niftyintradaylevels
Nifty Intraday Trade Setup | 19th MarNifty opened flat today around 22000 and it was a very volatile session. Nifty went down towards 21916 but didn't trigger the sell level. Though we got the buy trade above 22060 and it hit our 1st target.
For tomorrow, buy Nifty if sustains above 22120 for the targets of 22160 and upper marked levels. On the other side, fresh selling will be triggered if Nifty breaks 21980 on the downside, we may see 21940 and below marked levels on the chart.
Keep your quantity low as we anticipate to see again a volatile session tomorrow.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 22120
Sell Below - 21980
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InvestPro India
NIFTY Intraday Trade Setup For 18 Mar 2024NIFTY Intraday Trade Setup For 18 Mar 2024
Bullish-Above 22130
Invalid-Below 22080
T- 22345 22550
Bearish-Below 21900
Invalid-Above 21950
T- 21634 21400
NIFTY has closed on a bearish note on a bearish note with 2% cut last week. It has got rejected from from 2.618 PRZ in weekly TF which was pretty obvious. Below 21850 we will get a breakout of channel in daily TF. After a bold bearish candle on 13 Mar the next two consecutive candles were inside candles. which is a sign of compression before a big/parabolic move. Below 21900 downside move will be triggered which will be confirmed below 21850 EOD.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 22130 then we will long for the target of 22345 and 22550.
For selling we need a 15 Min candle close below 21900. T- 21634 and 21400.
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.
Nifty Intraday Trade Setup | 18th MarNifty opened flat on Friday around 22075 and after forming a high around 22120 we saw a selling towards Thursday low 21930 zone but Nifty took support and again reached to 22050 levels.
For Monday, buy Nifty if sustains above 22060 for the targets of 22100 and upper marked levels. On the other side, fresh selling will be triggered if Nifty breaks 21900 on the downside, we may see 21860 and below marked levels on the chart.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 22060
Sell Below - 21900
To motivate us, Please like the idea If you agree with the analysis.
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InvestPro India
NIFTY Intraday Trade Setup For 15 Mar 2024NIFTY Intraday Trade Setup For 15 Mar 2024
Bullish-Above 22210
Invalid-Below 22160
T- 22450 22670
Bearish-Below 22080
Invalid-Above 22130
T- 21840 21600
NIFTY has closed on a bullish note with 0.68% gain today. It gave expected 50% retracement of the fall seen on 13 Mar. Now once again we can expect downside continuation. Key level is 21900 for the continuation of bearish impulse. 22080 is the last swing low so below that we will get a early/internal bearish price structure. Best trade will be in sell side. However if market trades above 22210 then we will see 22450 in intraday.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 22210 then we will long for the target of 22450 and 22670,
For selling we need a 15 Min candle close below 22080. T- 21840 and 21600.
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.
NIFTY Intraday Trade Setup For 14 Mar 2024NIFTY Intraday Trade Setup For 14 Mar 2024
Sell_1- From 22250
Invalid-Above 22300
T- 22050 21900
Sell_2- Below 21900
Invalid-Above 21950
T- 21689 21487
NIFTY has closed on a bold bearish note with 1.51% cut today. It was a good trendy day. Sell triggered below 22250 and hit both mentioned targets till 21910. Yesterday we discussed that index is in distribution phase and breakout of the parallel channel will trigger intraday momentum and will spike VIX. Trader's healthy environment is when VIX is above 15-16. Tomorrow 22250 will be an intraday CIP resistance and half bat PRZ.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes below 21900 then we will short for the target of 21689 and 21487.
2nd short will be planned from 22250. T- 22050 21900.
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.
NIFTY Intraday Trade Setup For 13 Mar 2024NIFTY Intraday Trade Setup For 13 Mar 2024
Bullish-Above 22460
Invalid-Below 22410
T- 22665
Bearish-Below 22250
Invalid-Above 22300
T- 22090 21900
NIFTY has closed on an absolute flat note today. It was trading between Mars and Moon but eventually landed on Earth. Till the time index is trading between the parallel channel in daily TF momentum is going to shrink and filled with random moves. Wait for this pattern either side to get a tradable market with VIX above 15. Tomorrow 22460 and 22250 are important levels for watch out for breakout. If index trades between this range then I will not touch it as directional purpose.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 22460 then we will long for the target of 22660.
For selling we need a 15 Min candle close below 22250. T- 22090 and 21900.
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.
NIFTY Intraday Trade Setup For 12 Mar 2024NIFTY Intraday Trade Setup For 12 Mar 2024
Bullish-Above 22450
Invalid-Below 22400
T- 22655
Bearish-Below 22300
Invalid-Above 22350
T- 22090 21900
NIFTY has closed on a bearish note with 0.72% cut today. Sell triggered as per trade setup below 22430 and gave a move till 22310, targets were not achieved although it gave 100+ points gain. Tomorrow 22450 is the key level for a bullish reversal on a flat opening or opening below 22430. In case it opens gap up near 22505 then a sell off can be seen once again. Index has been trading in the parallel channel in daily TF and has been rejected from mid line of that.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 22450 then we will long for the target of 22655.
For selling we need a 15 Min candle close below 22300. T- 22090 and 21900.
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.
Nifty analysis for 12/03/24.Nifty has given a nice break out of the parallel channel and now is retesting it.
On the hourly charts, the market seem to consolidate around the support levels.
If there is a gap up opening, a bullish trade can be captured in the index once it crosses 22420 levels with the targets of ATH.
Major support levels :- 22240, 22170
The market is in a bullish mode and every dip is being bought. Any bullish pattern around the support level can be bought in this scenario.
Even the seller are waiting for the market to short, but the sell off today doesn't seem to effect the bullish mode as it was slow and took time to test the lower levels.
RSI is showing some bearish divergence as the strenght also need to reset and come up for another bullish move.
Major resistance levels :-22420, 22510
Wait for the price action near the levels before entering the market.
NIFTY Intraday Trade Setup For 11 Mar 2024NIFTY Intraday Trade Setup For 11 Mar 2024
Bullish-Above 22530
Invalid-Below 22480
T- 22710 22850
Bearish-Below 22420
Invalid0Above 22470
T- 22200 21980
NIFTY has closed on a slight bullish note with 0.51% gain last week. Few week back in the weekend analysis it was discussed that index has been trading in a parallel channel in daily TF. Still index has maintained its pattern. This is not an clear impulse I personally feel, rather a stretch or distribution. Clear move will be seen on this pattern breakdown. Till then I have reduced my position size and have been focusing on non direction approach (strangles).
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 22530 then we will long for the target of 22710 and 22850.
For selling we need a 15 Min candle close below 22420. T- 22200 and 21980.
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.
NIFTY Intraday Trade Setup For 2024NIFTY Intraday Trade Setup For 2024
Bullish-Above 22500
Invalid-Below 22450
T- 22675 22850
Bearish- Below 22350
Invalid-Above 22400
T- 22170 21980
NIFTY has closed on a bullish note with 0.53% gain today. After 3 days of decline move it gave a slight good move in today's session. Now it has given a fresh breakout after consolidating so above 22500 it will test 22850 as per ABCD pattern. 1st minor intraday resistance will be 22675 and 22850 being a strong one. Best trade will be on flat opening and sustaining above 22500. 22350 is a deciding zone , break of which will lead to an intraday fall.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 22500 then we will long for the target of 22675 and 22850.
For selling we need a 15 Min candle close below 22350. T- 22170 and 21980.
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.
NIFTY Intraday Trade Setup For 5 Mar 2024NIFTY Intraday Trade Setup For 5 Mar 2024
Bullish-Above 22450
Invalid-Below 22400
T- 22655 22840
Bearish-Below 22350
Invalid-Above 22400
T- 22190 21980
NIFTY has closed almost on a flat note today with minor gain of 0.12% today. Nothing triggered as per trade setup and was a complete sideways day within less than 90 points range for the whole day. It has formed a indecision candle, spinning top in daily TF. We will simply trade above and below this tight range. 22450 and 22350 is the range to be looked for breakout. 22190 will be an intraday support zone as per half bat pattern.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 22450 then we will long for the target of 22655 and 22840.
For selling we need a 15 Min candle close below 22350. T- 22190 and 21980.
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.
NIFTY Intraday Trade Setup For 4 Mar 2024NIFTY Intraday Trade Setup For 4 Mar 2024
Bullish-Above 22470
Invalid-Below 22420
T- 22655 22840
Buy_2- From 22200
Invalid-Below 22150
T- 22500
NIFTY has closed on a slight bullish note with 0.75% gain last week. Friday's candle seems to be a strong bullish candle which has taken out last 7 day's range. We are likely to a parabolic up move or 90 degree angle move above 22470 in the coming days. But before that chances are that we can give a pull back towards 22200 again before the start of of the bullish impulse. So it can be an opportunity to long from 22200 zone for a good target in favor.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 22470 then we will long for the target of 22655 and 22840.
2nd buy can be considered from 22200 zone. 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.
Nifty Intraday Trade Setup | 4th MarSaturday was a special trading session, Nifty opened above 22400 and that morning high was the day high.
For tomorrow, buy Nifty if sustains above 22450 for the targets of 22490 and upper marked levels. On the other side, if Nifty breaks 22320 on the downside, we may see 22280 and below marked levels on the chart.
Expectations: Trending Day
Intraday Levels:
Buy Above - 22450
Sell Below - 22320
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
NIFTY Intraday Trade Setup For 1 Mar 2024NIFTY Intraday Trade Setup For 1 Mar 2024
Bullish-Above 22100
Invalid-Below 22050
T- 22305 22510
Bearish-Below 21850
Invalid-Above 21900
T- 21658 21429
NIFTY has closed on a slight bullish note with 0.14% gain today. It was a complete random day where it closed almost flat with some bullish bias. Moves were random with big spikes. Tomorrow 22090 can be a intraday resistance as per 0.618 and CIP. Above 22100 we will long for a fresh ATH. Technically we are in a sideways phase of market in daily TF and its implications are moves seen in today's intraday. 22100 and 21850 is the range to look a breakout.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 22100 then we will long for the target of 22305 and 22510.
For selling we need a 15 Min candle close below 21850. T- 21658 and 21429.
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.
Nifty Intraday Trade Setup | 29th FebToday Nifty opened above 22200 and morning high around 22230 was also a day high. We bought 22300 PE Feb contract at open around 150 and it gave good profit.
For tomorrow, buy Nifty if sustains above 22050 for the targets of 22090 and upper marked levels. On the other side, if Nifty breaks 21890 on the downside, we may see 21850 and below marked levels on the chart.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 22050
Sell Below - 21890
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
Nifty intraday levels for monthly expiry 29/02/24.Nifty has formed a M pattern on the hourly charts and closed below 22k levels.
It has closed around the 20 ema on the daily charts. If there is a gap down opening, another selling can be seen in the market.
In case there is a gap up to flat opening, wait for the price to breach below the support zone.
Major support levels :- 21920, 21830
Tomorrow is the monthly expiry and today market gave a good selling market. There are chance of giving a good movement.
Another follow through can be seen in the market. So just watch the market takes out today's low.
Major resistance levels :- 22100, 22210
Just wait for a pattern formation around the zone and trade only the setup as option premium will give a decay.
If VIX is high, option premium will be high. Option buyer need to take a entry when there is momentum in the market.
Wait for the price action near the levels before entering the market.
SELL NIFTY AROUND 9:30 AM | INTRADAY TRADE 28TH FEBGift Nifty indicting a minor gap-up opening. However, as per our SpanAttack timings algo we see a fall in Nifty around 9:30 which can be useful for Intraday traders to get some points on the downside.
I have marked the key resistance levels to take position.
Sell Nifty: 9:30 AM
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
NIFTY Intraday Trade Setup For 28 Feb 2024NIFTY Intraday Trade Setup For 28 Feb 2024
Bullish-Above 22230
Invalid-Below 22180
T- 22435 22650
Bearish-Below 22070
Invalid-Above 22120
T- 21860 21658
NIFTY has closed on a slight bullish note with 0.34% gain today. It just traded between yesterday's range, bounced from plotted golden FIB zone (0.5) till yesterday's high. So overall NIFTY has been trading between 22220 and 22070 since last two days. Breakout will give us a fresh move on expiry day. It will be surprise if it trades in the range tomorrow again. 21300 is the hourly swing high, breakout will give move towards 22520 as per plotted ABCD.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 22230 then we will long for the target of 22435 and 22650.
For selling we need a 15 Min candle close below 22070. T- 21860 and 21658.
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.
Nifty intraday levels for weekly expiry 22/02/24.Nifty has given nice bearish engulfing candle after a consolidation on the higher levels.
A good sell off in the market is showing some profit booking in the market and potential levels may be tested on the expiry.
It has close 22055 levels. If there is a gap up opening, there will be chance of a halt candle.
In case of a flat to gap down opening, there will be another red candle on the daily charts.
Short below 22k levels can be initiated with Major support zone around 21920, 21830.
There is a high probability of a gap filling trade.
Resistance levels :- 22090, 22240
Tomorrow is weekly expiry of the index, watch for option premiums chart while trading.
Wait for the price action near the levels before entering the market
NIFTY Intraday Trade Setup For 27 Feb 2024NIFTY Intraday Trade Setup For 27 Feb 2024
Bullish-Above 22210
Invalid-Below 22160
T- 22430 22650
Bearish-Below 22070
Invalid-Above 22120
T- 21860 21658
NIFTY has closed on a bearish note with 0.41% cut today. Sell triggered as per trade setup below 22180 and gave a move till 22080, but targets were not achieved. Tomorrow below 22070 we may see a good sell off and best probability trade seems in downside as per today's closing. Plotted trendline is being followed, breakout of this will lead a bullish impulsive move. 22300 is the gateways for fresh up move in hourly TF.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 22210 then e will long for the target of 22430 and 22650.
For selling we need a 15 Min candle close below 22070. T- 21860 and 21658.
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.