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Niftyintradaylevels

13 Jul '23 Post Mortem on Nifty + Weekly expiry analysisNifty Weekly Analysis Between the last expiry & today, Nifty50 is actually down 40pts ~ 0.21%. That seems quite hard to believe especially when we had an ATH break today right? The fact is N50 broke out from the 19500 levels today & that would have created the perception that nifty had a gaining week. Also on 7th July we had a red day and almost touched the 19300 levels. So credit goes to N50 since it recovered all its losses & hit a new ATH of 19567 today! --- Nifty Daily Analysis We had 2 strong moves today A gap up open and then a race to take out the ATH, a total swing of 182pts ~ 0.94% A similar fall of 180pts ~ 0.92% to touch the prev. close value Both the directional move would have given ample opportunity for options traders to mint money today. Final close was 0.15% higher mainly supported by the NiftyIT index. The dramatic inverted U shape price action was due to RELIANCE which fell from 2799 to 2743. HDFCBK, KOTAKBK & SBIN also dragged the index. Trades Taken Other than the regular expiry trades, I reopened a bullish PE credit spread between 10 to 10.30 AM. 19500/19400 PE for 67.45/40.65. This was taken when Nifty was at the ATH and due to the reversal this position is currently in loss. Will take a decision tomorrow to hold on to bullish bias or exit at a loss.
NSE:NIFTYLong
by viswaram
Nifty daily analysis for 14/07/23.Indian market are forming new ATH but are unable to sustain at the higher levels. On the daily time frame, the market has formed a red candle at the higher levels and is still respecting 19400 levels. Market opened gap up and gained an up side momentum in the initial hour. The market consolidated on the higher levels and there was a sell in the second half losing 150 points from day high. On the hourly charts, market is not closing above the 20 ema. Though, the market tried to hold the upper level but seller took charge and a trending market was there. Nifty is respecting a trend line and today also took support from it and recover. Support :- 19400, 19320 Resistance :- 19520-560 New All Time High has been formed but still market trend is vague. If market start trading below the trend line or above the previous day high, a trending market can be seen. Wait for the price action near the levels before entering the market.
NSE:NIFTY
by Mambotrade
NIFTY Intraday Trade Setup For 13 Jul 2023NIFTY Intraday Trade Setup For 13 Jul 2023 Buy-Above 19520 Sl- 19470 T- 19630 19745 Sell-Below 19360 Sl- 19410 T- 19271 19181 NIFTY has closed on a bearish sentiment with 0.28% cut today. It has closed below PDL so today's low is very important. If today's low is breached then our TSL in long will be hit. Also there can be change in trend and sentiment on TSL. The next bullish momentum will be triggered above 19525. Moreover this week is turning declined sideways. Sell triggered at the time of closing so no trade was triggered as per trade setup. However 10 o'clock range broke downside and gave around 70 points. Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 19520 then we will long for the target of 19630 and 19745. For selling we need a 15 Min candle close below 19360. T- 19271 and 19181. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
NSE:NIFTY
by Omahto
1
Nifty daily analysis for 13/07/23 (weekly expiry).Nifty is unable to cross above the high and has given a nice selling candle in the last hour. The market today was in a sideways mood and consolidated in 40 points range during the middle hours and cracked down closing below the support level of 19400. On the hourly charts, market traded around the 20 ema and closed below it. Either side market is not giving any trend and option traders during the first and the last hour might have gained some points, else they might have given the stop losses. On 15 minutes time frame, the market has closed between both the moving averages. And has given a down trend formation. Support :- 19300, 19250 Resistance :- 19400, 19500 Tomorrow is weekly expiry and market has given trend moves both side in this week. Watch for the move and huge points can be capture if there is a fall. Wait for the price action near the levels before entering the market.
NSE:NIFTY
by Mambotrade
Nifty Trade Setup for 12-07-2023Nifty Important intraday levels to watch for 12-07-2023 # Support : 19420 Short if candle closes below 19420 # resistance : 19460 Long if candle closes above 19460 #Targets on downside after break of support. Target 1= 19360-19350 Target 2= 19300 #Targets on upside after break of resistance. Target 1= 19500-19525 Target 2= 19585 Follow us for more such information and educational ideas. Give it a like if you appreciate the idea. Queries will be answered in comment section.
NSE:NIFTY
by InvestyourAsset
#niftyGood morning! As of July 12th, there is no significant difference compared to the last session. The global market is showing a positive start with moderately bearish market sentiment. It might open with a gap-up. If it sustains, we can expect the continuation of the pullback. after that if it rejects the immediate resistance zone, it will turn into a range market for correction. Conversely, if the initial market experiences a sharp decline, then the correction will continue.
NSE:NIFTY
by Manickamtraders
2
NIFTY Intraday Trade Setup For 12 Jul 2023NIFTY Intraday Trade Setup For 12 Jul 2023 Buy-Above 19520 Sl-19470 T- 19630 19745 Sell-Below 19400 Sl-19450 T- 19290 19181 NIFTY has closed with 0.43% gain today. Buy triggered as per trade setup above 19410 and hit our 1st target very smoothly (19410-19515). 19500 region was our target and it totally crashed after that. It has closed with positive gains but it ended on a bearish note. Below 19400 there can be good selling pressure as per the shooting star candle in daily TF. Above 19520-25 we will give a sharp rally. Also our TSL in long from 18640 is still intact. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 19520 then we will long for the target of 19630 and 19745. For selling we need a 15 Min candle close below 19400. T- 19290 and 19181. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
NSE:NIFTY
by Omahto
FASP levels for Nifty 12/07/2023The FASP for Nifty is listed for 12-07-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: 1 Day How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:NIFTY
by SathishChandrasekaran
NIFTY Intraday Trade Setup For 11 July 2023NIFTY Intraday Trade Setup For 11 July 2023 Buy-Above 19410 Sl-19360 T- 19500 19620 Sell-Below 19325 Sl-19375 T- 19225 19123 NIFTY has closed almost flat today with slight gain of 0.12% gain today. It formed an inside candle in daily TF which is a sign of contraction/consolidation. Today was an important day for our swing long position as Friday's low was our TSL. Now we need another candle which closes below PDL for our TSL. It was a volatile session since opening. Buy triggered as per trade setup which hit sl. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 19410 then we will long for the target of 19500+ and 19620 above 19525. For selling we need a 15 Min candle close below 19325. T- 19225 and 19123. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
NSE:NIFTY
by Omahto
10 Jul '23 Post Mortem on Nifty A Calm Before The …?The day started with a gap up at a 50% level between the high & low of the last session. From there we saw 2 to 3 candles of fall, but nothing serious to retest yesterday's swing low. From 09.35 to 10.40 we had a good rally up to the 61.8% retracement levels. And then we had a fall of 0.54% ~ 104pts till 12.05. A small pullback till 13.55 and then a fall again of 0.4% ~ 77pts to the same 19334 levels. Why is 19334 level so much interesting, read the 03 Jul analysis. The interesting part is that even though we had 2 falls today & the price action from the previous day also showed bearishness - I went long today (will explain the rationale shortly).  Trades Taken The first trade taken around 10.24 AM when N50 was surging. I exited the bearish credit spread of 19500/19600 CE at a negligible profit & went long by initiating bullish credit spread of 19400/19300 PE. 19400 PE sold for 70.2 & 19400 PE bought for 36.05. At that particular timestamp the trade felt okay and hence punched. After the day's close & analysis - I feel it was not that necessary. Nifty was not that bullish nor bearish today - it was just a calm day. If N50 falls tomorrow, I will have to exit the bullish credit spread at a loss and re-enter the bearish credit spread. Lets hope today's time decay will give some advantage!
NSE:NIFTY
by viswaram
Nifty daily analysis for 11/07/23.Nifty today consolidated and remained in a 100 points range. The market tested the lower levels of 19330 and recovered from the levels. Market on the daily time frame, has formed an inside candle and has closed below the 20 ema on the hourly charts. It is holding and recovering from the lower levels which signal a positive move in the coming days. On 15 minute charts, market constantly traded around the 20 ema and ruined the option buyers. Support :- 19330, 19240 Resistance :- 19430, 19500 Wait for the price action near the levels before entering the market.
NSE:NIFTY
by Mambotrade