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.
Niftyintradaylevels
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
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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
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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
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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.
Nifty Intraday Trade Setup | 26th FebToday Nifty opened around 22300 and morning high was also a day high. We bought 22350 PE Feb contract at open around 200 and it gave good profit.
For tomorrow, buy Nifty if sustains above 22300 for the targets of 22340 and upper marked levels. On the other side, if Nifty breaks 22190 on the downside, we may see 22150 and below marked levels on the chart.
Also, if Nifty closes below 21960, it may also break the up-trend for short-term.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 22300
Sell Below - 22190
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Nifty Intraday Trade Setup | 25th FebToday Nifty opened around 22300 and morning high was also a day high. We bought 22350 PE Feb contract at open around 200 and it gave good profit.
For tomorrow, buy Nifty if sustains above 22300 for the targets of 22340 and upper marked levels. On the other side, if Nifty breaks 22190 on the downside, we may see 22150 and below marked levels on the chart.
Also, if Nifty closes below 21960, it may also break the up-trend for short-term.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 22300
Sell Below - 22190
To motivate us, Please like the idea If you agree with the analysis.
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InvestPro India
NIFTY Intraday Trade Setup For 26 Feb 2024NIFTY Intraday Trade Setup For 26 Feb 2024
Bullish-Above 22300
Invalid-Below 22250
T- 22465 22630
Bearish-Below 22180
Invalid-Above 22230
T- 22035
NIFTY has closed on a slight bullish note with 0.78% gain last week. However it has closed at an All time high. Above 22300 it should start a good up move at-least in intraday. On Monday if 22035 is tested then it will be a strong intraday support and we can plan a bullish trade with bullish price action in 5 Min TF. Coming to hourly TF, 21850 is the last swing low below which it will trigger a bearish move. Till the time it is safe, we will maintain a bullish bias.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 22300 then we will long for the target of 22465 and 22630.
For selling we need a 15 Min candle closes below 22180. T- 22035 and 21850.
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.
SELL NIFTY AROUND 11:25 AM | INTRADAY TRADE 23RD FEBGift Nifty indicting a gap-up opening and US market also gave an insane rally. However, as per our SpanAttack timings algo we see a fall in Nifty from 11:25 which can be useful for Intraday traders to get some points on the downside.
Sell Nifty: 11:25 AM
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NIFTY Intraday Trade Setup For 23 Feb 2024NIFTY Intraday Trade Setup For 23 Feb 2024
Bullish-Above 22260
Invalid-Below 22210
T- 22465 22630
Buy_2- From 22030
Invalid-Below 21980
T- 22200+
NIFTY has closed on a bullish note with 0.74% gain Today. Since last 2 days index is moving wild and intraday trend is really uncertain these days. Today sell triggered as per trade setup below 21990 and gave a move till 21880, almost 90 points. Seeing today's strong bullish sentiment tomorrow we will be in buy mode from both points, on breakout and even in case of pullback. In case there is pullback towards 22030 we will buy from there. Pullback trading will be ideal before breakout here.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 22260 then we will long for the target of 22465 and 22630.
2nd buy can be considered from 22030. T- 22200+.
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 22 Feb 2024NIFTY Intraday Trade Setup For 22 Feb 2024
Bullish-Above 22250
Invalid-Below 22200
T- 22465
Bearish-Below 21990
Invalid-Above 22040
T- 21790 21600
NIFTY has closed on a bearish note with 0.64% cut today. Buy triggered as per trade setup above 22220 which hit 50 points sl. It is like Open = High and sentiment was bearish the whole day. Tomorrow 22160 will be an confluence zone, can act as resistance. Above 22250 we will test 22465 and this is a strong resistance in weekly TF as per ABCD calculation. 21790 is going to be a strong support zone as per half bat (0.618).
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 22250 then we will long for the target of 22465.
For selling we need a 15 Min candle close below 21990. T- 21790 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 21 Feb 2024NIFTY Intraday Trade Setup For 21 Feb 2024
Bullish-Above 22220
Invalid-Below 22170
T- 22415 22580
Bearish-Below 22040
Invalid-Above 22090
T- 21860 21650
NIFTY has closed on a bullish note with 0.34% gain today. As per trade setup it tested the buy level but almost at closing bell. It has closed at breakout level near 22200 tomorrow it should give a good momentum in the upside in flow above 22210. 22415 can be immediate target after the breakout and will book max there and from there we need to look for a bearish reversal price structure in 5 Min TF for TSL. Index is following this channel in daily TF.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 22220 then we will long for the target of 22415 and 22580.
For selling we need a 15 Min candle close below 22040. T- 21860 and 21650.
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 20 Feb 2024NIFTY Intraday Trade Setup For 20 Feb 2024
Bullish-Above 22200
Invalid-Below 22150
T- 22450 22700+
Bearish-Below 22020
Invalid-Above 22070
T- 21830 21635
NIFTY has closed on a record high today with 0.37% gain today. It has formed a spinning candle in daily TF which indicates indecisiveness. It can trigger both sentiment, above 22200 we would this spinning top candle as continuation of the ongoing bullish move. Below 22020 we will treat this as a reversal sign. Incase of breakout above 22200 we would test 22450-22465 and this can be a stiff resistance. One can plan a short trade with bearish reversal price structure in 5 Min TF.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 22200 then we will long for the target of 22450 and 22725.
For selling we need a 15 in candle close below 22020. T- 21830 and 21630.
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 19 Feb 2024NIFTY Intraday Trade Setup For 19 Feb 2024
Bullish-Above 22080
Invalid-Above 22030
T- 22300 22520
Bearish-Below 21950
Invalid-Below 22000
T- 21735
NIFTY has closed on a slight bullish note last week and day with 1.19% and 0.59% gain respectively. It is at a striking distance to ATH and chances of a fresh bullish move above 22150 is high. 2nd leg shooting star will be invalid above 22130. But before it triggers a bullish move above 22150 it may dip for a pullback to fuel the impulse on breakout. So on Monday if there is a gap up and below 1st 5 Min candle's low it can trigger a down move.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 22080 then we will long for the target of 22300 and 22520.
For selling we need a 15 Min candle close below 21950. T-21735
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 | 19th FebToday Nifty opened above 22000 and after making a morning low around 21970, Nifty remained in range and made a high at 22068.
For tomorrow, buy Nifty if sustains above 22070 for the targets of 22100 and upper marked levels. On the other side, if Nifty breaks 21960 on the downside, we may see 21920 and below marked levels on the chart. Also, if Nifty closes below 21960, it may also break the up-trend for short-term.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 22070
Sell Below - 21960
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India