NIFTY Intraday Trade Setup For 22 Aug 2024NIFTY Intraday Trade Setup For 22 Aug 2024
Bullish-Above 24800
Invalid-Below 24750
T- 25030
Bearish-Below 24650
Invalid-Above 24700
T- 24470
NIFTY has closed on a bullish note with 0.29% today. Since last few days index move's have been contracted to 100 points only. In the weekend we already discussed that index is likely to fill both the gaps in daily TF, one is filled and now on path to fill 2nd one. Once again if index sustains 24800 post 10 o'clock then possibility of 25k will be high. Below 24650 bears will grip or else it will be sideways to bullish day tomorrow.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 24800 then we will long for the target of 25030.
For selling we need a 15 Min candle close below 24650. T- 24470.
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 Levels | 21-AUG-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 21 Aug 2024NIFTY Intraday Trade Setup For 21 Aug 2024
Bullish-Above 24740
Invalid-Below 24690
T- 24960
Bearish-Below 24600
Invalid-Above 24650
T- 24390
NIFTY has closed on bullish note with 0.51% gain today. Buy triggered as per trade setup above 24650 and made a high of 24734, just after small rally of 45 Min it turned total sideways for the rest of the day. As stated in the weekend analysis that we are likely to fill the two gap areas in daily TF, one of them achieved today. Now fair chance of a reversal from the gap resistance area but will be confirmed below 24600 only. Above 24740 it will head towards 25k.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 24740 then we will long for the target of 24960.
For selling we need a 15 Min candle close below 24600. T- 24390.
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 | 20-AUG-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 | 19th AugustNifty opened with a gap-up, saw profit booking in morning which dragged Nifty near our buy zone 24200. Nifty took support and we saw sharp rally towards 24563.
For tomorrow, buy Nifty if sustains above 24530 we expect to see some up-move towards 24580 and above levels. On the other side, if Nifty breaks 24400 on the downside we may see 24350 and lower levels marked the chart.
In case Nifty opens with Gap-up let it sustain above 24600 for fresh buying.
Expectations: Volatile movement.
Intraday Levels:
Buy Above - 24530
Sell Below - 24400
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
Nifty Intraday Levels | 16-AUG-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 | 16th AugustNifty opened with a gap-up and we saw highly range bound day where Nifty spent most of the time within 24100 - 24190 and we didn't get any trade based on the idea we shared for today.
For Friday, if Nifty sustains above 24200 we expect to see some up-move towards 24240 and above levels but we aren't confident in buying and look for sell on rise opportunities. On the other side, if Nifty breaks 24090 on the downside we may see 24050 and lower levels marked the chart.
Expectations: Volatile movement.
Intraday Levels:
Buy Above - 24200
Sell Below - 24090
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
Nifty Intraday Trade Setup | 14th AugustNifty opened with small gap-down and we saw selling pressure since morning, sell trade triggered below 24300 as per intraday set-up shared on Tradingview for today, we updated that we expect to see more selling once Nifty breaks 24200 and it achieved all targets on downside.
For tomorrow, if Nifty sustains above 24210 we expect to see some up-move towards 24250 and above levels but we aren't confident in buying and look for sell on rise opportunities. On the other side, if Nifty breaks 24080 on the downside we may see 24040 and lower levels marked the chart.
Expectations: Volatile movement.
Intraday Levels:
Buy Above - 24210
Sell Below - 24080
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
Nifty Intraday Trade Setup | 13th AugustNifty opened flat and we saw some negative sentiments in morning due to Hindenburg report but we saw a good rebound from 24200 which was a support zone towards 24470.
For tomorrow, if Nifty sustains above 24500 we expect to see an up-move towards 24540 and above levels. On the other side, if Nifty breaks 24300 on the downside we may see 24260 and lower levels marked the chart.
Expectations: Range-bound movement.
Intraday Levels:
Buy Above - 24500
Sell Below - 24300
Nifty Intraday Levels | 9-AUG-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 Levels | 8-AUG-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 8 Aug 2024NIFTY Intraday Trade Setup For 8 Aug 2024
Bullish-Above 24390
Invalid-Below 24340
T- 24650
Bearish-Below 24180
Invalid-Above 24230
T- 23900
NIFTY has closed on a positive note with 1.27% gain today. However whole gain is the same points it gaped up. It was sideways within 150 points range in intraday. Today's low is very important as the daily candle is a Pinbar and a double force move can be seen below 24180. In case it opens flat and 24390 is sustained then we will head towards 0.618 zone of the fall we witnessed in last few days.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 24390 then we will long for the target of 24650.
For selling we need a 15 Min candle close below 24180. T- 23900.
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 7 Aug 2024NIFTY Intraday Trade Setup For 7 Aug 2024
Bullish- Above 24400
Invalid-Below 24350
T- 24736
Bearish-Below 23890
Invalid-Above 23940
T- 23515
NIFTY has closed once again on a bearish note with 0.26% cut today. It tested buy/resistance level and got rejected from there, decent sell of from 24380 was seen. Index has closed exactly at 50 EMA in daily TF. Below 23890 index will be fully gripped by bears. And overall sell on rise approach to be maintained. Major weekly level to be approached can be 22800. But for this we need more validation of a bearish price structure in daily TF.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 24400 then we will long for the target of 24736.
For selling we need a 15 Min candle close below 23890. T- 23515.
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 -06/08/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 24300 level and then possible upside rally up to 24420 level in today's session. in case nifty trades below 24250 level then the downside target can go up to the 24130 level.
NIFTY Intraday Trade Setup For 5 Aug 2024NIFTY Intraday Trade Setup For 5 Aug 2024
Bullish-Above 24860
Invalid-Below 26810
T- 25045
Bearish-Below 24680
Invalid-Above 24730
T- 24457
NIFTY has closed on a slight bearish note with 0.47% cut last week. It tested psychological level of 25K and this is a huge non-stop run since couple of months. Now 25500 to 25k is going to be a supply zone. 25500 is a PRZ level level as per ABCD pattern in monthly TF. However on Friday it opened with a gap down and sustained that which indicates that we have made a short term top here and bearishness likely to continue for some days or weeks. Overall view will be sell on rise.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 24860 then we will long for the target of 25045.
For selling we need a 15 Min candle close below 24680. T- 24457.
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 | 31-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 31 Jul 2024NIFTY Intraday Trade Setup For 31 Jul 2024
Bullish-Above 25000
Invalid-Below 24950
T- 25250
Bearish-below 24770
Invalid-Above 24820
T- 24535
NIFTY has closed once again on an absolute flat note today. Nothing triggered as per trade setup so there is nothing new to discuss, setup is same like yesterday. BTW it has formed a shooting star candle in daily TF also being an inside candle. Below 24770 there can be good selling pressure. Above 25k there is a fair chance of a strong bullish momentum. Inside this range we will maintain a non directional approach.
Coming to Wednesday's trade setup, if index opens flat and a 15 min candle closes above 25k then we will long for the target of 25250.
For selling we need a 15 Min candle close below 24770. T- 24535.
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 | 30th JulyNifty opened with a slight gap-up and after testing 25000 levels we saw a sharp profit booking for approx 200 points. We suggested buyers to be cautious around 25000, hope no one would have trapped in buying at higher levels.
For tomorrow, if Nifty sustains above 24860 we expect to see an up-move towards 24900 and above levels. On the other side, if Nifty breaks 24780 on the downside we may see 24720 and lower levels marked the chart.
Expectations: Selling for higher levels.
Intraday Levels:
Buy Above - 24860
Sell Below - 24780
NIFTY Intraday Trade Setup For 30 Jul 2024NIFTY Intraday Trade Setup For 30 Jul 2024
Bullish-Above 25000
Invalid- Below 24950
T- 25250
Bearish-Below 24770
Invalid-Above 24820
T- 24535
NIFTY has closed on an absolute flat note after 2 way moves in intraday. It has formed a spinning top candle in daily TF exactly at 25K zone. This indicates a potential halt or reversal. Below 24770 index may reverse in short term however a closing in daily TF will confirm this. Also final confirmation of reversal will be when NIFTY will make a bearish price action in daily TF. 25k and 24770 are intraday levels for tomorrow.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 25k then we will long for the target of 25250.
For selling we need a 15 Min candle close below 24770. T- 24535.
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.