NIFTY Intraday Trade Setup 21 Nov 2023NIFTY Intraday Trade Setup 21 Nov 2023
Buy-Above 19760
Invalid-Below 19710
T- 19910 20050
Bearish-Below 19660
Invalid-Above 19710
T- 19540 19390
NIFTY has closed on a slight bearish note with 0.19% cut today. It has formed an inside candle in daily TF which is sign of compression. Nothing triggered as per trade setup today. Tomorrow above 19760 we will initiate bullish trade however we will get alert above 19720 only. Below 19660 we can get a trendy downside move which will be the leg towards 19390 in some 2 days.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 19760 then we will long for the target of 19910 and 20050.
For selling we need a 15 Min candle close below 19660. T- 19540 and 19393.
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 | 20th NovGift Nifty indicating a flat opening. Nifty has to sustain above 19810 for more upside towards 19850 - 19890. On the other side, we may selling in Nifty if sustains below 19700 towards 19670 and lower levels.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 19810
Sell Below - 19700
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
NIFTY Intraday Trade Setup For 20 Nov 2023NIFTY Intraday Trade Setup For 20 Nov 2023
Bullish-Above 19810
Invalid-Below 19760
T- 19930 20050
Bearish-Below 19660
Invalid-Above 19710
T- 19540 19393
NIFTY has closed with a slight bullish note last week with nearly 1% gain. Hourly and 15 Min price structure is still bullish. 19660 is the last swing low in 15 Min TF. Below this there can change of price structure and a chance of reversal. For a fresh directional move this month candle closing is important to watch directional scenario as the monthly candle's are still sideways. In case of a bold bullish candle we may initiate the next leg of rally.
Coming to Monday's trade setup, if index opens flat and a 15 min candle closes above 19810 then we will long for the target of 19930 and 20050.
For selling we need a 15 min candle close below 19660. T- 19540 and 19390.
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 15 Nov 2023NIFTY Intraday Trade Setup For 15 Nov 2023
Bullish-Above 19465
Invalid-Below 19415
T- 19550 19635
Bearish-Below 19410
Invalid-Above 19460
T- 19309 19210
NIFTY has closed on a bearish note with 0.42% cut in the last session. In the weekend we discussed that index has given a good up move on 19250 breakout and has approached 19550 which is a resistance zone. Probability of a fall or a pullback from 19550 was discussed. Monday we saw the scenario into action. Now below 19410 bearish move will continue till the trendline support in hourly TF. If it sustains above 19465 then we will plan bullish trade in intraday.
Coming to Wednesday's trade setup, if index opens flat and a 15 min candle closes above 19465 then we will long for the target of 19550 and 19435.
For selling we need a 15 min candle close below 19410. T- 19309 and 19210.
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 | 13rd NovGift Nifty indicating a flat to minor gap-down opening. Nifty has to sustain above 19550 for more upside towards 19590 & 19620. On the other side, we may selling in Nifty if sustains below 19500 towards 19460 and lower levels.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 19550
Sell Below - 19500
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
NIFTY Intraday Trade Setup For 13 Nov 2023NIFTY Intraday Trade Setup For 13 Nov 2023
Bullish-Above 19550
Invalid-Below 19500
T- 19635 19745
Bearish-Below 19510
Invalid-Above 19560
T- 19412 19309
NIFTY has closed on a bullish note last week with some 1% gain. Last week when we discussed about bullish reversal on 19250 breakout. After this hourly breakout it has given good momentum (19250-19547) in anticipated direction. Now it is at a resistance zone 19550, probability to give a pullback or to get stuck is high. 19550 and 19510 are important levels for Monday's session based on Muhurat Trading price action.
Coming to Monday's trade setup, if index opens flat and a 15 min candle closes above 19550 then we will long for the target of 19635 and 19745.
For selling we need a 15 min candle close below 19510. T- 19412 and 19309.
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 | 9th NovGift Nifty indicating a flat to minor gap-up opening. Nifty has to sustain above 19460 to give more upside towards 19490 - 19500. On the other side, Nifty looks weak below 19400 for down move.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 19460
Sell Below - 19400
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
NIFTY Intraday Trade Setup For 09 Nov 2023NIFTY Intraday Trade Setup For 09 Nov 2023
Bullish-Above 19470
Invalid-Below 19420
T- 19550 19645
Bearish-Below 19400
Invalid-Below 19450
T- 19310 19210
NIFTY has closed on a slight bullish note with 0.19% gain today. Fun fact is that whole gain is contributed by the small gap up. It was a zoned market. Buy triggered as per trade setup above 19430 and cinched a bit till 19550 and closed near cost EOD. There can be good momentum in intraday in which there can good length moves due to expiry. 19470 and 19400 are important levels for tomorrow's session to look for a breakout.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 19470 then we will long for the target of 19550 and 19645.
For selling we need a 15 Min candle close below 19400. T- 19310 and 19210.
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 Prediction Levels for 8 Nov 2023Nifty Intraday Prediction Levels for 8 Nov 2023
The chart indicates 15 min time frame. These Levels act as Support or Resistance according to price. They are strictly for Intraday Trading only. Execution only after break and close above the Resistance zone or below the Support zone.
Major Resistances- 19460,19490,19520,19540,19555,19585,19605,19625,19650,…
Major Supports-19360,19330,19295,19280,19240,19190,19145,….
These levels act as support and resistance. You have to trade according to level breakout or breakdown. First target is immediate next level. When first target is achieved go for the next one and so on.
If You are a new trader then just watch ( No Trade) these levels for some days.
Happy trading.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Nifty Intraday Trade Setup | 7th NovGift Nifty indicating a flat to minor gap-down opening. Nifty has to sustain above 19430 to gain strength which can take Nifty towards 19460 and upper levels. On the other side, Nifty looks weak below 19310 for fresh selling.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 19430
Sell Below - 19310
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
Nifty Intraday Trade Setup | 8th NovGift Nifty indicating a gap-up opening. Nifty looks stronger above 19420 and momentum take take Nifty towards 19460 and upper levels. On the other side, Nifty looks weak below 19370 for further down move.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 19420
Sell Below - 19370
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
NIFTY Intraday Trade Setup For 08 Nov 2023NIFTY Intraday Trade Setup For 08 Nov 2023
Bullish-Above 19430
Invalid-Below 19380
T- 19540 19645
Bearish-Below 19320
Invalid-Above 19370
T- 19210 19115
NIFTY has closed on an absolute flat note today. It traded within 100 points range whole the day. After last hourly swing high 19235-50 was taken out it has given a good bullish reversal move. Tomorrow 19430 and 19320 is the range to look for breakout to trade the directional move or else it will once again zoned intraday. High probability trade looks in bullish side if it is triggered.
Coming to Wednesday's trade setup, if index opens flat and a 15 min candle closes above 19430 then we will long for the target of 19540 and 19645.
For selling we need a 15 min candle close below 19320. T- 19210 and 19115.
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 daily analysis for 08/11/23.Nifty has been forming gaps as there are gap up for last 2-3 trading sessions and is trading above both the daily moving averages.
On the hourly charts, the market seems to be consolidating in a range for last 2 days.
A break out can give a nice rally and nifty has more chances than the expiry index tomorrow.
Support :- 19330, 19270
Resistance ;- 19430, 19510
Wait for the market to give a break out or break down and watch for the price action near the level before entering the market.
NIFTY Intraday Trade Setup For 07 Nov 2023NIFTY Intraday Trade Setup For 07 Nov 2023
Buy-Above 19430
Invalid-Below 19380
T- 19530 19645
Bearish-Below 19300
Invalid-Above 19350
T- 19210 19115
NIFTY has once again closed on a bullish note with almost 1% gain today. While 70% of the gain is contributed via gap up. It has been explained in the weekend that in case of gap up/down opening probability of a sideways intraday market is quite high, so was till 2 PM today. Tomorrow once again the best trade scenario will be on flat opening or else it will be momentum less. 19430 and 19300 are important levels for tomorrow's session.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 19430 then we will long for the target of 19530 and 19645.
For selling we need a 15 Min candle close below 19300. T- 19210 and 19115.
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 06 Nov 2023NIFTY Intraday Trade Setup For 06 Nov 2023
Bullish-Above 19280
Invalid-Below 19230
T- 19370 19460
Bearish-Below 19210
Invalid-Above 19260
T- 19079 18945
NIFTY has closed on a slight bullish note last week with 0.96% gain. Last week we discussed that we a halt candle formation is high so has almost happened. Now 18800 is very important level for the next round of selling which can initiate a move towards 18000.Current positioning of the market is at CIP resistance zone- 19300. So its a confluence zone where both side possibility opens up based on the future market structure so 1-2 sessions needed to watch out for directional move which will be updated in the daily analysis here itself.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 19280 then we will long for the target of 19370 and 19460.
For selling we need a 15 Min candle close below 19210. T- 19079.
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 weekly analysis for 06/11/23.Nifty after a selling has recovered upto 50% fib levels. The market has formed a baby mother candle on the weekly charts and it still trading below the 20 ema.
Markets are not doing much during the trading hour as there is a gap up and consolidation during the trading session.
On the hourly charts the market has been trading in a range of not more than 60 points.
Support :- 19150, 19070
Resistance :- 19270, 19400
Much of the movement is not there in the market. Watch and confirm the setup as there is no follow through for last 3 trading sessions.
Wait for the price action near the levels before trading the market.
Nifty Intraday Trade Setup | 6th NovGift Nifty indicating a gap-up opening for Monday. For Nifty, 19270 is very important level and if Nifty sustains above 19270 we may see more upside towards 19330 and above. On the other side, Nifty has to sustain below 19200 for fresh selling.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 19270
Sell Below - 19200
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
Nifty Intraday Prediction Levels for 3 Nov 2023Nifty Intraday Prediction Levels for 3 Nov 2023
The chart indicates 15 min time frame. These Levels act as Support or Resistance according to price. They are strictly for Intraday Trading only. Execution only after break and close above the Resistance zone or below the Support zone.
Major Resistances- 19200,19260,19300,19365,19400,19440,19490,….
Major Supports-19060,19010,18960,18910,18565,18815,18770,18720,…
These levels act as support and resistance. You have to trade according to level breakout or breakdown. First target is immediate next level. When first target is achieved go for the next one and so on.
If You are a new trader then just watch ( No Trade) these levels for some days.
Happy trading.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
NIFTY Intraday Trade Setup For 03 Nov 2023 NIFTY Intraday Trade Setup For 03 Nov 2023
Bullish-Above 19180
Invalid-Below 19130
T- 19286 19405
Bearish-Below 19060
Invalid-Above 19110
T- 18973 18890
NIFTY has closed on a bullish note with 0.76% after 2 back to back red days. This EOD gain is totally contributed by the gap up opening. 10 o'clock range broke downside below 19106 and made a low of 19065, previous swing high was 19130. On 31 Oct EOD we already discussed that 19235-50 is very important hourly swing high for a bullish reversal. While we already discussed that probability of a halt candle this week is also high. Tomorrow above 19180 we can see good continuation of today's sentiment and below 19060 a bearish move.
Coming to Friday's trade setup, if index opens flat and a 15 min candle closes above 19180 then we will long for the target of 19286 and 19405.
For selling we need a 15 Min candle close below 19060. T- 18973 and 18890.
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 Prediction Levels for 2 Nov 2023Nifty Intraday Prediction Levels for 2 Nov 2023
The chart indicates 15 min time frame. These Levels act as Support or Resistance according to price. They are strictly for Intraday Trading only. Execution only after break and close above the Resistance zone or below the Support zone.
Major Resistances- 19020,19045,19065,19080,19110,19155,19210,19250,19300,19350,19400,…
Major Supports-18950,18910,18860,18815,18770,18720,18675,18620,…
These levels act as support and resistance. You have to trade according to level breakout or breakdown. First target is immediate next level. When first target is achieved go for the next one and so on.
If You are a new trader then just watch ( No Trade) these levels for some days.
Happy trading.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
NIFTY Intraday Trade Setup For 02 Nov 2023NIFTY Intraday Trade Setup For 02 Nov 2023
Bullish-Above 19070
Invalid-Below 19020
T- 19173 19280
Bearish-Below 18970
Invalid-Above 19020
T- 18890 18798
NIFTY has closed once again on a bearish note with 0.47% cut today. Sell triggered as per trade setup below 19050 and gave around 70 points however our target was yet to be achieved. Tomorrow once again bearish move will continue below 18790 and it will move towards 18798. For a bullish move it has to sustain above 19070 post pullback. Also yesterday I explained that probability of a halt candle is high this week.
Coming to Thursday's trade setup, if index opens flat and a 15 min candle closes above 19070 then we will long. T- 19173 and 19280.
For selling we need a 15 Min candle close below 18970. T- 18890 and 18798.
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.
Nifty Intraday Prediction Levels for 1 Nov 2023Nifty Intraday Prediction Levels for 1 Nov 2023
The chart indicates 15 min time frame. These Levels act as Support or Resistance according to price. They are strictly for Intraday Trading only. Execution only after break and close above the Resistance zone or below the Support zone.
Major Resistances- 19140,19160,19180,19210,19235,19270,19310,19340,19370,19420,19465,…
Major Supports-19060,19035,19000,18960,18915,18860,18825,18800,…
These levels act as support and resistance. You have to trade according to level breakout or breakdown. First target is immediate next level. When first target is achieved go for the next one and so on.
If You are a new trader then just watch ( No Trade) these levels for some days.
Happy trading.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
NIFTY Intraday Trade Setup For 01 Nov 2023NIFTY Intraday Trade Setup For 01 Nov 2023
Bullish- Above 19150
Invalid-Below 19100
T- 19260 19360
Bearish-Below 19050
Invalid-Above 19150
T- 18920 19815
NIFTY has closed on a slight bearish note with 0.32% cut today. It was a 0.382 rejection of the parabolic fall from 19850. Now 19250 will be an important swing in hourly TF for a bullish reversal structure. Probability of a halt candle this week is high where idle range seems to be 19350 and 18850. 19150 and 19050 are important levels for tomorrow's session. 19280 and 18920 are important resistance and support respectively.
Coming to Wednesday's trade setup, if index opens flat and a 15 min candle closes above 19150 then we will long for the target of 19259 and 19360.
For selling we need a 15 Min candle close below 19050. T- 18920 and 18815.
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.