Nifty Intraday Trade Setup | 29th JulyNifty opened with a slight gap-up and after sustaining above buy level 24460 we saw a fantastic rally towards 24850 which was Nifty all time high. Nifty made a new ATH at 24861 and closed with a bullish tone.
For tomorrow, if Nifty sustains above 24920 we expect to see an up-move towards 94960 and above levels. On the other side, if Nifty breaks 24780 on the downside we may see 24720 and lower levels marked the chart.
Buyers be cautious near 25000 levels as it's a physiological resistance.
Expectations: Selling for higher levels.
Intraday Levels:
Buy Above - 24920
Sell Below - 24780
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
Niftyintradaylevels
Nifty Intraday Trade Setup | 26th JulyNifty opened with a gap-down and after consolidation we saw a short covering rally from around 24200 to 24425 levels.
For tomorrow, if Nifty sustains above 24460 we expect to see an up-move towards 24500 and above levels. On the other side, if Nifty breaks 24350 on the downside we may see 24300 and lower levels marked the chart.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 24460
Sell Below - 24350
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
#NIFTY Intraday Support and Resistance Levels -26/07/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 24440 level and then possible upside rally up to 24560 level in today's session. in case nifty trades below 24390 level then the downside target can go up to the 24270 level.
Nifty Intraday Levels | 24-JULY-2024#Optionbuyers
#Niftyoptionscalping
1️⃣ Zones you always Like:-
👉Green zone- Institutional support
👉Red zone - Institutional resistance
👉Gap between institutional zones is always of 100 points
👉Zone is created with the help of pivot points and Fibonacci
👉Advance version of price action
👉Trades based on Nifty future chart
2️⃣ Trade Execution:-
👉Trade based on order flow data
👉Timeframe - 1 min and 5 min
👉Risk Reward Ratio always 1:2
👉Strike price always ATM & slightly ITM
👉Maintain Position sizing according to your own method
3️⃣ House Rules in trading:-
👉Sharp at 9:15 AM
👉Priority to risk management
👉Fast execution (morning breakfast)
👉Stop-loss 10 points (strictly)
#ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌
🙏FOLLOW for more !
👍LIKE if useful !
✍️COMMENT Below your view !
NIFTY Intraday Trade Setup 25 Jul 2024NIFTY Intraday Trade Setup 25 Jul 2024
Bullish-Above 24600
Invalid-Below 24550
T- 24855
Bearish-Below 24270
Invalid-Above 24320
T- 24000
NIFTY has closed on a slight bearish note with 0.27% cut today. It was a consolidation day after budget, a normal phenomenon after an event as VIX generally cools off after any event which brings market into overall range. It has formed an inside candle in daily TF so till the time it is inside mother candle's range we will maintain non directional approach. 25600 and 24270 are intra levels for tomorrow.
Coming to Thursday's trade setup, if index opens flat and 15 Min candle closes above 24600 then we will long for the target of 24855.
For selling we need a 15 Min candle close below 24270. T- 24k.
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 Support and Resistance Levels -23/07/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 24550 level and then possible upside rally up to 24670 level in today's session. in case nifty trades below 24480 level then the downside target can go up to the 24360 level.
NIFTY Intraday Trade Setup For 23 Jul 2024NIFTY Intraday Trade Setup For 23 Jul 2024
Bullish-Above 24600
Invalid-Below 24550
T- 24855 25160
Bearish-Below 24350
Invalid-Above 24400
T- 24048 23800
NIFTY has closed on a flat note today, calmness before Budget move. However it formed spinning top candle in daily TF which is indecision sign. It is going to be a news reactive/driven market tomorrow due to Union Budget announcements. One can avoid trading tomorrow as I personally cant's trade uncertainty. However 24600 and 24350 will be range I will be looking to trade on breakout.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 24600 then we will long for the target of 24855 and 25160.
For selling we need a 15 Min candle close below 24350. T- 24048 and 23800.
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 Support and Resistance Levels -22/07/2024Nifty will be gap down opening in today's session. After opening nifty start trading Below 24480 level and then possible downside rally up to 24360 in today's session. in case nifty trades Above 24550 level then the upside target can go up to the 24670 level.
NIFTY Intraday Trade Setup For 22 Jul 2024NIFTY Intraday Trade Setup For 22 Jul 2024
Bullish-Above 24730
Invalid-Below 24680
T- 24930
Bearish-Below 24500
Invalid-Above 24550
T- 24290
NIFTY has closed on a flat note with a bearish sentiment as it ended the week near lowest point. It has not yet lost gains but sentiment has turned bearish. The coming week is likely to be volatile due to Union Budget placed on 23 Jul. One can avoid trading like we escaped Loksabha result week. In case 24730 is tested via gap up then it may face intra resistance. We will consider buy on pullback breakout setup only. 24730 and 24290 are levels for Monday.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 24730 then we will long for the target of 24930.
For selling we need a 15 Min candle close below 24500. T- 24290.
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 | 16-JULY-2024#Optionbuyers
#Niftyoptionscalping
1️⃣ Zones you always Like:-
👉Green zone- Institutional support
👉Red zone - Institutional resistance
👉Gap between institutional zones is always of 100 points
👉Zone is created with the help of pivot points and Fibonacci
👉Advance version of price action
👉Trades based on Nifty future chart
2️⃣ Trade Execution:-
👉Trade based on order flow data
👉Timeframe - 1 min and 5 min
👉Risk Reward Ratio always 1:2
👉Strike price always ATM & slightly ITM
👉Maintain Position sizing according to your own method
3️⃣ House Rules in trading:-
👉Sharp at 9:15 AM
👉Priority to risk management
👉Fast execution (morning breakfast)
👉Stop-loss 10 points (strictly)
#ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌
🙏FOLLOW for more !
👍LIKE if useful !
✍️COMMENT Below your view !
NIFTY Intraday Trade Setup For 15 Jul 2024NIFTY Intraday Trade Setup For 15 Jul 2024
Bullish-Above 24600
Invalid-Below 24550
T- 24780
Bearish-Below 24450
Invalid-Above 24500
T- 24275
NIFTY has closed on a slight bullish note with 0.73% gain last week. On 10 Jul it closed below PDL so as per the method we were following to ride the bullish move is now invalid. But now lets come to the 2nd validation point. Now if at all there is a bearish price action in daily TF then we will call it bearish and a confirmed reversal. Also this reversal confirmation will be updated through these trade setups. 24600 and 24450 are levels to watch out for tomorrow.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 24600 then we will long for the target of 24780.
For selling we need a 15 Min candle close below 24450. T- 24275.
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 10 Jul 2024NIFTY Intraday Trade Setup For 10 Jul 2024
Bullish-Above 24450
Invalid- Below 24400
T- 24555
Bearish-Below 24350
Invalid-Above 24400
T- 24230
NIFTY has closed on a bullish note with 0.46% gain today. Last day we discussed that it formed a Pinbar candle in daily TF and expectation was for a bullish move above 24350. We almost gat 90 points move in favor. Tomorrow in case there is a gap down and day ends near day low then bears will take charge in short term. However I have been updating that bullish sentiment will change when it closes below PDL.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 24450 then we will long for the target of 24555.
For selling we need a 15 Min candle close below 24350. T- 24230.
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 Short Swing Trade 1:3.5 Risk-Reward RatioIchimoku TS KS broke in 15 mins and once it breaks the cloud and price structure, we will get the confirmation.
We have shared our higher time frame view earlier today - please check:
Entry : 24280 (in case of gap down opening below this level, wait for a small pullback near TS in 5 mins)
Stop Loss : 24417
Target : 23770
Disclaimer: We are not SEBI registered. The content presented here is based on our personal opinions. Please conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Nifty Intraday Levels | 4-JULY- 2024#Optionbuyers
#Niftyoptionscalping
1️⃣ Zones you always Like:-
👉Green zone- Institutional support
👉Red zone - Institutional resistance
👉Gap between institutional zones is always of 100 points
👉Zone is created with the help of pivot points and Fibonacci
👉Advance version of price action
👉Trades based on Nifty future chart
2️⃣ Trade Execution:-
👉Trade based on order flow data
👉Timeframe - 1 min and 5 min
👉Risk Reward Ratio always 1:2
👉Strike price always ATM & slightly ITM
👉Maintain Position sizing according to your own method
3️⃣ House Rules in trading:-
👉Sharp at 9:15 AM
👉Priority to risk management
👉Fast execution (morning breakfast)
👉Stop-loss 10 points (strictly)
#ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌
🙏FOLLOW for more !
👍LIKE if useful !
✍️COMMENT Below your view !
Nifty weekly expiry analysis for 04/07/2024.Nifty on the daily time frame has formed a doji after a good gap up opening.
Market is travelling on the upper side which is a good sign for the trader waiting for a shorting opportunities.
Today it remained in a range from the lower range of 24230 to upper range of 24300. If there is a flat to slight gap down opening, the market will opening this range and trader can be initiated once the levels are breached.
In case of a huge gap up opening, there are chance of profit booking or retesting the current resistance zone.
Major Resistance :- 24300-310
Support levels :- 24240, 24180
Tomorrow is the weekly expiry for the index and this week the expiries had decayed at a certain levels after initial hour movements.
The consolidation today is the good sign for intraday traders and a break down can be traded with more conviction.
Wait for the price action near the levels before entering the market.
NIFTY Intraday Trade Setup For 4 Jul 2024NIFTY Intraday Trade Setup For 4 Jul 2024
Bullish-Above 24310
Invalid-Below 24260
T- 24450
Bearish-Below 24200
Invalid-Above 24250
T- 23975
NIFTY has closed on a bullish note with 0.67% gain today. Whole gain is however contributed through gap up and Large cap banks move. Index will be bullish till it closes above PDL and when it will close below PDL then bullish sentiment will be changed to bearish. However confirmation will be a bearish price action in daily TF. Tomorrow's best trade will be on today's range breakout.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 24310 then we will long for the target of 24450.
For selling we need a 15 Min candle closes below 24200. T- 23975.
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 2 Jul 2024NIFTY Intraday Trade Setup For 2 Jul 2024
Bullish-Above 24180
Invalid-Below 24130
T- 24410
Bearish-Below 23980
Invalid-Above 24030
T- 23800
NIFTY has closed on a bullish note with 0.55% gain today. However it was an contraction day as it formed an inside candle in daily TF. It seems like index is going to follow phase of sideways after a parabolic move. In case it does a pullback breakout of 24180 then we will long for the plotted 2.0 PRZ. Bears may take charge below 23980 if sustained. Also in the weekend I said that we will maintain bullish stance till it closes above PDL.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 24180 then we will long for the target of 24410.
For selling we need a 15 Min candle close below 23980. T- 23800.
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 1 Jul 2024NIFTY Intraday Trade Setup For 1 Jul 2024
Bullish-Above 24180
Invalid-Below 24130
T- 24410
Bearish-Below 23980
Invalid-Above 24030
T- 23800
NIFTY has closed on a bullish note last week with over 2% gain. It was completely on bulls grip from the start of last week, except Friday. We will maintain bullish view till it closes above PDL. Sentiment will change when it closes below PDL and then is confirmed by bearish price action. In case of a pullback move, it can test 23640 which is 61% retracement of the upmove, less probable.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 24180 then we will long for the target of 24410.
For selling we need a 15 Min candle close below 23980. T- 23800
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 Support and Resistance Levels -28/06/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 24050 level and then possible upside rally up to 24170 level in today's session. in case nifty trades below 24020 level then the downside target can go up to the 23900 level.
Intraday Trade Setup - Nifty Wave Analysis: Today's ExpiryNifty Analysis (15-Minute TF): June Monthly Expiry - 27-06-2024
Nifty is in the final leg of Wave 5. The third wave of Wave 5 was completed yesterday, and we are likely to see the 4th and 5th waves today.
Nifty might take the morning session for Wave 4 and the second half for Wave 5.
We have mentioned entry and exit points in the chart; please refer to it.
Buy Entry: 23,740-23,770
Average Place: 23,700-23,720
Stop Loss: 23,680 (very small stop loss)
Options Strategy:
Option Selling:
1. Strangle and straddle will work in the morning session.
2. Go for directional PE selling near our buy zone and sell more lots near the average place with the stop loss mentioned above.
Options Buying: We don't recommend option buying. However, if you try option buying, take the next week's expiry near our buy zone and keep a strict stop loss at 23,680.
Futures Buying: We can consider buying Nifty July Future with next week PE hedge too.
Disclaimer: We are not SEBI registered. The content presented here is based on our personal opinions. Conduct your own research and consult with a qualified financial advisor before making any investment decisions
#NIFTY Intraday Support and Resistance Levels -26/06/2024Nifty will be FLAT opening in today's session. After opening nifty start trading Above 23760 level and then possible upside rally up to 23880 in today's session. in case nifty trades below 23700 level then the downside target can go up to the 23580 level.
NIFTY Back in the Ascending ChannelNIFTY is back within it's short term ascending channel showing strong Bullish Trend continuation which may take it towards 23900.
However the momentum was primarily in HDFC and ICICI today, with other index heavyweights muted. There is selling pressure in IT and it may negate the View if it drags NIFTY below the marked trendline support.
#NIFTY Intraday Support and Resistance Levels -25/06/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 23570 level and then possible upside rally up to 23690 level in today's session. in case nifty trades below 23530 level then the downside target can go up to the 23420 level.