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Niftyintradaylevels

NIFTY Intraday Trade Setup For 07 Jun 2023NIFTY Intraday Trade Setup For 07 Jun 2023 Buy-Above 18625 Sl- 18575 T- 18720 18800 Sell-Below 18530 Sl-18580 T- 18450 18380 NIFTY has closed on a flat note today. It has been updating almost everyday that we are inside the hourly and daily range and we will have only sideways momentum till we trade between 18670 and 18460. Today it opened almost flat and a sell triggered below 18580 and gave 50 points which was 1:1. In this sideways market and ultra low VIX environment we can expect small moves only. Tomorrow there can be good upside movement will good momentum above today's high. High probability trade is in upside. Below 18530 we will plan for sell. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 18625 then we will long for the target of 18720 and 18800. For selling we need a 15 Min candle close below 18530. T- 18450 and 18380. 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
Nifty daily analysis for 07/06/23.A perfect dragon fly doji has been formed on the daily charts. Markets recovered in the last hour of the session. On the hourly charts, the market has closed above the 20 ema. Nifty fell slowlu and recovered quickly during the last hour and closed flat. The market has closed above both the moving averages on 15 minutes charts. Support :- 18560, 18490 Resistance :- 18680, 18800 The market has been trading in a range and can give nice up move as it is holding the upper levels. Bullish trades should only be initiated once the market crosses the major resistance area of 18700. Wait for the price action near the levels before entering the market.
NSE:NIFTY
by Mambotrade
NIFTY Intraday Trade Setup For 06 Jun 2023NIFTY Intraday Trade Setup For 06 Jun 2023 Buy-Above 18641 Sl-18590 T- 18730 18820 Sell-Below 18580 Sl-18630 T- 18495 18409 NIFTY has closed with a 0.32% gain today. Although it closed with gain it ended the day with bearish sentiment as it closed near day low and all the gains were contributed by gap up. Index is inside the daily range of 18670 and 18460. Index will be trading on sideways note till we are inside the broader range. Tomorrow we will trade above and below today's high and low. Today it opened above our buy level with a decent gap up. It was inside the 10 o'clock range whole day. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 18641 then we will long for the target of 18730 and 18820. For selling we need a 15 Min candle close below 18580. T- 18495 and 18409. 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
NIFTY Intraday Trade Setup For 05 June 2023NIFTY Intraday Trade Setup For 05 June 2023 Buy-Above 18581 Sl- 18530 T- 18668 18745 Sell- Below 18460 Sl-18510 T- 18367 18273 NIFTY has closed with a slight gain of 0.19% last week and formed a neutral candle last week. Last week we gave the swing breakout of 18460 then after a small follow up we entered into a pullback consolidation, kind of CIP. Now we have a trendline in hourly TF , breakout above 18581. Above this level we may initiate a fresh rally. 18670 is the main turning point in daily chart. above that we will hit a fresh ATH. Below 18460 , breakout may fade up and we may slip to lower levels. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 18581 then we will long for the target of 18668 and 18745. For selling we need a 15 Min candle close below 18460. T- 18367 and 18273. 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
Nifty weekly analysis for 05/06/23.Nifty for the last 3 trading session has been trading in a range and next week trade in nifty can give good points. On the higher levels the market has given a bearish doji candle. There can be a double top formation as the market prevoiusly reversed from 18680 levels. The market has given a rally of 1600 points in 2 months time. There will be a retracement before another up move. Markets on the hourly charts, trading around 20 ema. Support :- 18490, 18420, 18280 Resistance :- 18585, 18680 The market has consolidated for ample time. There are chance of a break down, if entered a bearish trade good target can be achieved. Wait for the price action near the price levels before entering the market.
NSE:NIFTY
by Mambotrade
FASP levels for Nifty 02/06/2023The FASP for Nifty is listed for 02-06-2023. 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 02 Jun 2023NIFTY Intraday Trade Setup For 02 Jun 2023 Buy-Above 18581 Sl-18530 T- 18665 18745 Sell-Below 18460 Sl-18500 T- 18383 18273 NIFTY has closed once again on bearish note with 0.25% cut today. Today buy level was tested but did not sustain in 15 Min TF, hence buy was not active. Below today's low bearish momentum will continue. Next bullish momentum will be triggered above 18670. This will give us a fresh ATH and the road to 19100. Bearish sentiment will be on till we get a bullish price structure in 15 and 1 hour TF. Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 18581 then we will long for the target of 18660 and 18745. For selling we need a 15 Min candle close below 18460.T- 18383 and 18273. 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