Get started

Niftyintradaylevels

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.
NSE:NIFTY
by Omahto
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.
NSE:NIFTY
by Omahto
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.
NSE:NIFTY
by Omahto
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.
NSE:NIFTY
by Omahto
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.
NSE:NIFTY
by Omahto
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
NSE:NIFTY
by InvestPro_India
1
Nifty Intraday Trade Setup | 16th FebToday Nifty opened with a gap up at 21923 which was the morning high and we saw sudden full just after open towards 21795 which we played through 22000 PE and booked good profit. For tomorrow, buy Nifty if sustains above 21960 for the targets of 22000 and upper marked levels. On the other side, if Nifty breaks 21800 on the downside, we may see 21760 and below marked levels on the chart. Expectations: Volatile Day Intraday Levels: Buy Above - 21960 Sell Below - 21800 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
NSE:NIFTY
by InvestPro_India
1
NIFTY Intraday Trade Setup For 16 Feb 2024NIFTY Intraday Trade Setup For 16 Feb 2024 Bullish-Above 21960 Invalid-Below 21910 T- 22190 22350 Bearish-Below 21780 Invalid-Above 21830 T- 21635 21490 NIFTY has closed with a slight gain of 0.32% gain today. It opened with a gap up and yesterday it was discussed that we may turn sideways and close flat in case of a gap up. So has happened today, it was almost sideways within a very small range till 1 PM. Then there was a call side spike which again cooled off till some extent. It has formed a doji candle in daily TF, an indecisive sentiment. Above today's high and low will be deciding levels for tomorrow's session. Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 21960 then we will long for the target of 22190 and 22350. For selling we need a 15 Min candle close below 21790. T- 21635 and 21490. 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 for 15/02/24.A bullish engulfing candle on the daily charts after a gap down opening is showing some positive momentum and there are possibility of market test 22k levels soon. Today the market remained in a bullish move from the morning and closed above the 20 ema. After a consolidation there was a good break out and market tested the resistance level of 21850. If there is a gap up opening above today's high, let market settle and test the break out zone and any bullish price action can be an indication of entering a trade. In case of a flat or slight gap up/down opening, wait for a consolidation and if the market consolidate in the first half, there will be a trending move in the second half. Tomorrow is the weekly expiry for the index. VIX has also cooled a bit. Major resistance level :- 21880, 21960-22000 Support levels :- 21810, 21750. The market is moving both side and is trading in a wide range. After 3 trading session the market has closed above 21800 levels which is another positive for a bullish move in the market. Wait for the price action near the levels before entering the trade.
NSE:NIFTY
by TheMamboMomentum
NIFTY Intraday Trade Setup For 15 Feb 2024NIFTY Intraday Trade Setup For 15 Feb 2024 Bullish-Above 21880 Invalid-Below 21830 T- 22050 22190 Buy_2- From 21640 Invalid-Below 21590 T- 21850 NIFTY has closed on a bullish note with 0.45% gain today. It was bold bullish day as it opened with a big gap down and recovered to almost 0.5% gain from 1% down. 10 o'clock range broke upside above 21625 and gave a good move. Now it has closed near hourly trendline resistance. There will be a big move after trendline breakout if it sustains above 21950. In case trendline being respected we will head towards 21645 and may find a good support again. Chances of almost flat close in case we open gap up. Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 21880 then we will long for the target of 22050 and 22190. 2nd buy can be considered from 21640. T- 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.
NSE:NIFTY
by Omahto
Nifty Intraday Trade Setup | 15th FebToday Nifty opened with a gap down around 21600 and after making a low at 21530 in first 30 mins we saw good rebound from lower levels. We took sell trade around 21700, got 60 points fall towards 21634, and booked profit in that. For tomorrow, buy Nifty if sustains above 21870 for the targets of 21910 and upper marked levels. On the other side, if Nifty breaks 21750 on the downside, we may see 21710 and below marked levels on the chart. Expectations: Volatile Day Intraday Levels: Buy Above - 21870 Sell Below - 21750 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
NSE:NIFTY
by InvestPro_India
1
NIFTY Intraday Trade Setup For 14 Feb 2024NIFTY Intraday Trade Setup For 14 Feb 2024 Bullish-Above 21770 Invalid-Below 21720 T- 22011 22190 Bearish-Below 21540 Invalid-Above 21590 T- 21339 21120 NIFTY has closed on a bullish note with 0.59% gain today. As per trade setup it traded between yesterday's range an nothing triggered. However plotted channel pattern was broken and bullishness continued till EOD. Hourly trend is still downside and last swing high is 21850 which can bring a reversal sign if taken out. Our swing short from 21800 is still intact with the initial risk @ 22130. Our short level for tomorrow is 21540 but early sign of reversal can be sensed below 21700. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 21770 then we will long for the target of 22011 and 22190. For selling we need a 15 Min candle close below 21540. T- 21339 and 21120. 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 13 Feb 2024NIFTY Intraday Trade Setup For 13 Feb 2024 Bullish-Above 21810 Invalid-Below 21760 T- 22011 22190 Bearish-Below 21570 Invalid-Above 21620 T- 21339 21120 NIFTY has closed on a bearish note with 0.76% cut today. Our short trade which we are carrying from 21800 is now seems to be on track. Our trade was based on 2nd leg shooting star in daily TF with SL being intact @ 22130. Yesterday half bat was projected as an resistance seeing the current trend of the market which worked very well in today's session. 21810 and 21570 are important levels for tomorrow's session. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 21810 then we will long for the target of 22011 and 22190. For selling we need a 15 Min candle close below 21570. T- 21339 and 21120. 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 analysis for 12/02/24.Nifty on the weekly charts is holding the higher levels. Still the index is looking confused about the tren. It is respecting the daily 20 ema and a nice support is taking from it. A long legged doji is formed on the close and still above the moving averages. There was a consolidation on the last trading day and chances of a trend move in the coming session is there. Let markets decide whether it wants to go to form a higher level or retest the lower levels. Major resistance is around the ATH of 22126 as it has reversed from it forming a double to pattern. A bearish trend will be confirmed by a daily candle close below the neck line forming a M pattern. Support levels :- 21650, 21500, 21370 The market trend is still in confusion. Wait for either side move and take trading in the direction market move. Major resistance levels :- 21810, 21875, 22000 Nifty has retested 50% fib level of the previous leg and if a bullish move is expected it should try to hit another ATH. Positional and swing trader should take on with banknifty as there is a confusion in nifty as there is an inside candle on the weekly charts. Wait for the price action near the levels before entering the market.
NSE:NIFTY
by TheMamboMomentum
NIFTY Intraday Trade Setup For 12 Feb 2024NIFTY Intraday Trade Setup For 12 Feb 2024 Bullish-Above 21830 Invalid-Below 21780 T- 22011 22190 Bearish-Below 21620 Invalid-Above 21670 T- 21400 NIFTY has closed almost on a neutral note last week and formed a spinning top candle. In weekly TF it is just consolidation which is pretty common after a big run. We have initiated a short position below 21800 as per 2nd leg shooting star in daily TF. Sl 22130 is intact , if it is triggered then above 22200 bullish move will continue as an impulse. Target for this short is 21450 which is 50% retracement of the last leg of rally. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 21830 then we will long for the target of 22011 and 22190. For selling we need a 15 Min candle close below 21620. T- 21400 and 21120. 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
Simple Trade Setup || Nifty | 12-02-2024 [INTRADAY]Trade Setup for 12-02-2024 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 up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:NIFTY
by Trading_hawk
Nifty Intraday Trade Setup | 9th FebToday Nifty opened with a gap up above 22000 and formed hanging man pattern in first 15 mins candle, we initiated a sell trade in Nifty 22000 PE 15th Feb contract and saw a great fall today as per analysis. For tomorrow, buy Nifty if sustains above 21820 for the targets of 21860 and upper marked levels. On the other side, if Nifty breaks 21670 on the downside, we may see 21630 and below marked levels on the chart. Expectations: Volatile Day Intraday Levels: Buy Above - 21820 Sell Below - 21670 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
NSE:NIFTY
by InvestPro_India
1
NIFTY Intraday Trade Setup For 09 Feb 2024NIFTY Intraday Trade Setup For 09 Feb 2024 Bullish-Above 21830 Invalid-Below 21780 T- 22005 22190 Bearish-Below 21650 Invalid-Above 21700 T- 21465 21300 NIFTY has closed on a complete bearish note with nearly 1% cut today. Once again our swing short position triggered below 21800 as per shooting star formed on 2 Feb came in profit. SL of 22130 is intact. We can now expect more fall in our favor in the coming days. There is a chance of a quick fall below 21660 tomorrow. Last swing high in intraday was 21820 so above 21830 there can be bullish reversal. Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 21830 then we will long for the target f 22005 and 22190. For selling we need a 15 Min candle close below 21660. T- 21465 and 21300. 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
08 Feb ’24 — Nifty Disappoints, stance reversed to neutral ➡️➡️Nifty Analysis - Stance Neutral ➡️ Recap from yesterday: “Our stance for tomorrow is bullish and since these are all games of probabilities we reserve the right to be wrong as would like to keep the 21826 area as a good stop loss.” 4mts chart Just when we thought things were swinging in our favor, Nifty took a U-turn and is now back in neutral territory. “Disappointing” is not the right word to define today’s price action, after all the markets did what it felt right. Our analysis and positioning are what took the toll today. I ended up booking the highest intraday loss ever since I started trading. To give you a backdrop, we were long overnight and the set-up looked pretty bullish for us. Although we cut losses once the 21826 magic level got hit, our MTM was too deep in the RED for any sort of recovery. Nifty fell a total of 346 points in the intraday trade today. The support level of 21913 was taken out with so much force (depth of the RED candle) that it felt like kissing goodbyes to this level. The culprit was BankNifty, after the RBI MPC meeting today, despite no major policy decisions - banks started falling, pulling the other stocks along with it. One thing that stood out in the discussion today was the instruction to include the loan processing fees, and other charges to the interest component so that the end customer knows the exact rate he is paying. Why would the bigger banks get spooked by that? Other stocks like NESTLE and ITC were looking weak even before the Governor’s speech. 63mts chart Between the last expiry and today, Nifty has gained only 70pts ~ 0.32%. The gains would have been sizeable and meaningful if not for the rout today. After today’s episode, we drew the double top pattern (M pattern). Since the support level of 21913 is breached, we hope that this pattern holds. Nifty is by no means bearish, unlike BankNifty which slipped into the RED today. If BN continues the southward journey tomorrow, most likely N50 will have to follow suit.
NSE:NIFTY
by viswaram
Nifty weekly analysis for 05/02/24.Nifty has tested the higher levels and got rejected from the high forming a hanging man candle on the daily charts. Weekly charts is still showing some postivity and it is still way high from the weekly 20 ema. The market has gained 500 points on the weekly close and is looking positive as compare to the other indices. Major support levels :- 21820, 21660, 21500 There is a possibility of a double top pattern formation but confirmation for the M pattern will be below 21230 levels. A confusion is there in the market as the budget was about to come this week and market participants were over excited for that . It will face a major resistance from ATH and if it goes up to the levels and consolidate from 2-3 trading session or create halt candle, high chances for testing 23k levels will be there. Resistance :- 21900 (hourly), 22130 (ATH). Wait for the price action near the levels before entering the trade.
NSE:NIFTY
by TheMamboMomentum
NIFTY Intraday Trade Setup For 08 Feb 2024NIFTY Intraday Trade Setup For 08 Feb 2024 Bullish-Above 22060 Invalid-Above 22010 T- 22210 22350 Bearish-Below 21850 Invalid- 21900 T- 21689 21487 NIFTY has closed on an absolute flat note today. it opened with 0.5% gap up above our buy level. 10 o'clock range was to be used as per trade setup which broke downside below 21960 and last swing high/sl was 22022. It gave a small move till 21860, so more than 90 points move given as per 10 o'clock range breakout. The intraday momentum has contracted this is probably due to VIX cool off after Budget which was a major event. Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 22060. T- 22210 and 22350. For selling we need a 15 Min candle close below 21850. T- 21689 and 21487. 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