Nifty Intraday Trade Setup | 2nd Jan '24Today Nifty opened flat and remained in a range for first half. After 1:30 it broke range, went above our buy level 21760 and 2 targets on buying side were done. We updated about the important resistance level of 21850, in last week analysis and today we saw good rejection near that level.
For tomorrow, if Nifty breaks 21670 on the downside we expect to see 21630 and below levels marked on the chart. On the other side, if Nifty sustains above 21850, we will see fresh buying which could take Nifty towards 21890 and upper marked levels on the chart.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 21850
Sell Below - 21670
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InvestPro India
Niftyintradaylevels
NIFTY Intraday Trade Setup For 01 Jan 2023NIFTY Intraday Trade Setup For 01 Jan 2023
Bullish-Above 21810
Invalid-Below 21760
T- 21940 22070
Bearish-Below 21670
Invalid-Above 21710
T- 21570 21435
NIFTY has closed on a bullish note last week with 1.79% gain. Index is approaching 22k mark as discussed in the last week. Possibility of a major top seems near 22500 zone. However 22070-22100 can also trigger profit booking being a round level zone. No plan of sell till the bullish price structure is intact in daily TF. Since last 2 sessions it index has formed a range 21810 and 21670 are the level for range shift. We will plan directional trades on this range breakout.
Coming to Monday's trade setup, if index opens flat and a 15 min candle closes above 21810 then we will long for the target of 21940 and 22070.
For selling we need a 15 Min candle close below 21670. T- 21570 and 21435.
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.
Happy New Year In Advance
Nifty Intraday Trade Setup | 1st Jan '24Today was a range bound day, Nifty moved in 70 points range from 21760 to 21690 broadly. Sell trade triggered below 21720 and Nifty hit our 1st target on the downside.
For tomorrow, if Nifty sustains above 21760 we expect to see more upside towards 21790 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 - 21760
Sell Below - 21670
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
Nifty Intraday Trade Setup | 29th DecToday was a typical expiry day, Nifty opened with a gap-up and after consolidation made a low at 21678 and our buy level was 21680. Nifty gave a good upside from our buy level towards 21801 and all our targets were done. Though we took Nifty Sell trade and booked approx 40 points profit in options that was the only trade for today.
For tomorrow, if Nifty sustains above 21850 we expect to see more upside towards 21890 and upper marked levels. On the other side, if Nifty breaks 21720 on the downside, we may see 21680 and below marked levels on the chart.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 21850
Sell Below - 21720
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
NIFTY Intraday Trade Setup For 29 Dec 2023NIFTY Intraday Trade Setup For 29 Dec 2023
Bullish-Above 21810
Invalid-Below 21760
T- 21940 22070
Bearish-Below 21720
Invalid-Above 21770
T- 21577 21436
NIFTY has closed on a bullish note with 0.57% gain today. It opened with gap up above our buy level. 10 o'clock range was to be used as per trade setup. Range broke upside above 21760 and till 21801. It was more or less sideways the whole day, the momentum. Index is at striking distance from 22k mark which is going to be the next zone for a bull stop. Tomorrow there can be 2 way move so be ready to trade Intraday market structure. 21810 and 21720 are important levels for tomorrow's session.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 21810 then we will long for the target of
For selling we need a 15 Min candle close below 21720. T-
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 | 28th DecToday was a highly volatile day. Nifty opened with a gap-up above 21500 and we saw a good up move in morning towards 21600 odd levels where we saw a fast profit booking but Nifty took a support from trend line around opening price and gave another rally.
In 3 PM candle Nifty gave a breakout and we saw quick 80 - 85 points move. For tomorrow, if Nifty opens flat and sustains above 21680, we may see a follow-up buying towards 21720 and upper marked levels. On the other side, if Nifty breaks 21550 on the downside, we expect to see further selling towards 21510 and below marked levels on the chart.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 21680
Sell Below - 21550
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
NIFTY Intraday Trade Setup For 28 Dec 2023NIFTY Intraday Trade Setup For 28 Dec 2023
Bullish-Above 21680
Invalid-Below 21630
T- 21825 21970
Bearish-Below 21570
Invalid-Above 21620
T- 21435 21298
NIFTY has once again closed on a bold bullish note with 1% gain. In the weekend we already discussed that 21400 is the level for a bullish structure and breakout of the same will propel markets to hit a fresh ATH. It was smooth from 21400-21675 and now major resistance is 21960-70. Today buy triggered as per trade setup above 21480 and hit first target however it opened with a slight gap up. 21680 and 21570 are important levels for tomorrow's session.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 21680 then we will long for the target of 21825 and 1960-70.
For selling we need a 15 Min candle close below 21570. T- 21435 and 21298.
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 | 27th DecToday Nifty opened flat and after taking support @ 21350 we saw good up move and some selling from tops. We bought 21400 CE in morning which we booked with good profit and then also bought 21550 PE which gave a decent profit again.
For tomorrow, if Nifty sustains above 21480, we expect to see more up move towards 21520 and above marked levels. However, if Nifty unable to hold 21400, we may see more selling towards 21360 and below marked levels.
This week volumes are low as FIIs are on holiday, trade cautiously with small quantity.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 21480
Sell Below - 21400
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Nifty - Monthly Expiry Analysis & Prediction for 28th Dec 2023Nifty Prediction for Tomorrow
BEARISH Reversal from All time high.
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!!
NIFTY Intraday Trade Setup For 27 Dec 2023NIFTY Intraday Trade Setup For 27 Dec 2023
Bullish-Above 21480
Invalid-Below 21430
T- 21650 21800
Bearish-Below 21390
Invalid-Above 21440
T- 21230 21060
NIFTY has closed on a positive note with 0.43% gain today. Buy triggered as per trade setup above 21400 and gave 75 points gain in favor till 10:30 A.M and later turned complete sideways within 70 points range near 0.786 zone. It has broke 21400 so as per weekend analysis it is ready for a fresh ATH. Above 21480 tomorrow we are likely to get a good upside move with momentum. Important resistance lies near 21800 zone. Below 21390 there is a chance of NIFTY sliding towards 21200 zone.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 21480 then we will long for the target of 21650 and 21800.
For selling we need a 15 Min candle close below 21390. T- 21230 and 21060.
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 26 Dec 2023NIFTY Intraday Trade Setup For 26 Dec 2023
Bullish-Above 21400
Invalid-Below 21350
T- 21550 21710
Bearish-Below 21230
Invalid-Above 21280
T- 21058 20905
NIFTY has formed a halt candle after 7 weeks. It is very obvious after a strong rally, pullbacks are common. 21600 is a short term top formed and next leg of rally will be triggered above that. In hourly TF below 20970, pullback cum down move will be extended till further lower levels. However 20750 will act as a very strong support in the downside. In 15 Min TF it has retraced till 0.618 of the fall. Now both possibility opens up, 21400 will give us a bullish structure once again and propel markets to fresh ATH. Below 21230 the pullback move will get triggered.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 21400 then we will long for the target of 21550 and 21707.
For selling we need a 15 Min candle close below 21230. T- 21058 and 20905.
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 Dec 2023NIFTY Intraday Trade Setup For 22 Dec 2023
Bullish-Above 21290
Invalid-Below 21240
T- 21465 21620
Bearish-Below 21110
Invalid-Above 21160
T- 20950 20770
NIFTY has closed on a bullish note today with 0.5% gain. It opened gap down and as per analysis 10 o'clock range was to be used and range broke upside above 21096 and gave a good move till 21288. Sell would have been effective only on flat/mild positive opening which did not happen and did not favor bears. Tomorrow above 21290 we can give a very good move till 21465 and that will be an intraday resistance. Below 21110 we will short.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 21290 then we will long for the target of 21465 and 21620.
For selling we need a 15 Min candle close below 21110. T- 20950 and 20770.
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 Dec 2023NIFTY Intraday Trade Setup For 21 Dec 2023
Bullish-Above 21230
Invalid-Below 21180
T- 21400
Bearish-Below 21070
Invalid-Above 21120
T- 20920 20770
NIFTY has closed on a bold bearish note after months. It has formed an clear cut bearish engulfing candle in daily charts with 1.41% cut. It looks like NIFTY has formed a short term top at 21600. Next important support level seems near 20750-70. We will pan bullish view from there if we get a bullish price structure in 15 Min TF. Tomorrow in case we open flat and candle closes below 21070 then 20750-70 will be tested. In case today's low is safe and we make bullish price structure in 5 Min TF then we will give a sharp pullback.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 21230 then we will long for the target of 21400 and above.
For selling we need a 15 Min candle close below 21070. T- 20920 and 20770.
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 19 Dec 2023The chart indicates 15 min time frame. These Levels act as Support or Resistance according to price. These are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone or break down and close below the Support zone.
You have to trade according to level breakout or breakdown.
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 with your Financial Advisor before taking any decision or trade.
Nifty Intraday Trade Setup | 19th DecNifty made a ATH at 21492 on Friday and today we saw some selling from higher levels. We have taken STBT position in Nifty and will looking for a sell opportunity in Nifty if it opens flat or small gap-up tomorrow.
We expect to see lower levels around 21340 once Nifty sustains below 21420.
Expectations: Volatile Day
Intraday Levels:
Buy Above - Not looking for buy at these levels.
Sell Below - 21420
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
NIFTY Intraday Trade Setup For 20 Dec 2023NIFTY Intraday Trade Setup For 20 Dec 2023
Bullish-Above 21510
Invalid-Below 21460
T- 21625 21750
Bearish-Below 21380
Invalid-Above 21430
T- 21230 21100
NIFTY has closed on a slight bullish note with 0.16% gain today. Se triggered as per trade setup but was parabolic also it formed a morning star structure just at breakout and reversed which hit sl in short. It has formed a Pinbar candle in daily TF so above 21510 then can be a strong up move towards 21700 zone. If it all this is a short term resistance then it should start to make bearish price structure in 5/15 Min TF. 21510 and 21380 are important levels for tomorrow's session.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 21510 then we will long for the target of 21625 and 21750.
For selling we need a 15 Min candle close below 21380. T- 21230 and 21100.
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 Dec 2023NIFTY Intraday Trade Setup For 19 Dec 2023
Bullish-Above 21500
Invalid-Below 21450
T- 21625 21750
Bearish-Below 21360
Invalid-Above 21410
T- 21230 21100
NIFTY has closed on a slight bearish note with 0.18% cut today. It has formed an inside candle in daily charts. Inside candle is nothing but compression and in intraday we noticed how compression/sideways it was. Bullish move will resume above 21500 once again and that will be the best trade. In case it sustains below 21360 then half bat will be active , taking index near 21230 as an initial pullback.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 21500 then we will long for the target of 21625 and 21750.
For selling we need a 15 Min candle close below 21360. T- 21230 and 21100.
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 18 Dec 2023The chart indicates 15 min time frame. These Levels act as Support or Resistance according to price. These are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone or break down and close below the Support zone.
You have to trade according to level breakout or breakdown.
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 with your Financial Advisor before taking any decision or trade.
NIFTY Intraday Trade Setup For 18 Dec 2023NIFTY Intraday Trade Setup For 18 Dec 2023
Bullish-Above 21500
Invalid-Below 21450
T- 21650 21825
Bearish-Below 21320
Invalid-Above 21370
T- 21169 21028
NIFTY has closed on a bold bullish note with 2.32% gain last week. Index seems non-stop at least till 22000 mark. Outlook will be simply buy on dips till 22k. No point in in looking for sell positionally. Best trade style in a bull run is either long from a lower level and just trail as we did from 19880 or in intraday wait for a dip in 5/15 Min TF and look for reversal structure in 5 Min TF and simply long and we will keep this is mind till index is bullish.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 21500 then we will long for the target of 21650 and 21825.
For selling we need a 15 Min candle close below 21320. T- 21169 and 21028.
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 & Prediction - for 18 Dec 2023Nifty Prediction for tomorrow.
BEARISH Reversal can be expected from 21500-21550 levels for a correction.
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!!
Nifty Intraday Prediction Levels for 14 Dec 2023The chart indicates 15 min time frame. These Levels act as Support or Resistance according to price. These are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone or break down and close below the Support zone.
You have to trade according to level breakout or breakdown.
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 with your Financial Advisor before taking any decision or trade.
NIFTY Intraday Trade Setup For 15 Dec 2023NIFTY Intraday Trade Setup For 15 Dec 2023
bullish-Above 21220
Invalid-Below 21170
T- 21350 21510
Bearish-Below 21110
Invalid-Above 21160
T- 21004 20899
NIFTY has closed on a bold bullish note once again with 1.23% gain today. While 70% gain is contributed through gap up. 10 o'clock range was to be used as per analysis. Range broke upside above 21190 and last swing low was 21147. Trade gave a very small move in favor and closed at cost EOD. Tomorrow 21110 may act as an intraday support but after support validation if it breaks the same then intraday sell off is possible. Above 21220 on flat opening we will simply head higher.
Coming to Friday's trade setup, if index opens flat and a 15 min candle closes above 21220 then we will long for the target of 21350 and 21510.
For selling we need a 15 Min candle close below 21110. T- 21004 and 20899.
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 | 15th DecToday, we didn't get a trade as per set-up because of the big gap-up. Yesterday we seen a big upmove in US markets as FED kept interest rates unchanged which supported today's rally in Indian Markets.
For tomorrow, Nifty looks good if sustains above 21225 for the targets of 21265 and upper marked levels. On the other side, if Nifty breaks 21150 on the downside, more weakness can be expected.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 21250
Sell Below - 21150
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!