NIFTY Intraday Trade Setup For 15 Apr 2024NIFTY Intraday Trade Setup For 15 Apr 2024
Sell_1- From 22660
Invalid-Above 22710
T- 22500
Bearish-Below 22500
Invalid-Above 22550
T- 22300
NIFTY has closed with a bearish sentiment last week. It has formed a shooting star candle in weekly TF that too in the 2nd leg which I personally consider. There is a strong possibility of NIFTY topping out atleast for short term if it trades firmly below 22500 with ATH as risk. If there is gap up opening then we will plan a short trade from 22660 or else flat opening short below 22500 will be ideal trade.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle below 22500 then we will short for the target of 22300 and then trail in 5 Min TF.
On case of a gap up we will short from 22660. T- 22500.
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
FASP levels for Nifty 12/04/2024The FASP for Nifty is listed for 12-04-2024. 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.
NIFTY Intraday Trade Setup For 9 Apr 2024NIFTY Intraday Trade Setup For 9 Apr 2024
Bullish-Above 22710
Invalid- Below 22660
T- 22865
Bearish-Below 22600
Invalid-Above 22650
T- 22420
NIFTY has closed on a bullish note with 0.68% gain today. Index has picked the trend above our planned bullish level- 22620 discussed in the weekend analysis. Buy triggered above 22620 and gave a small move till 22697. Intraday momentum has really dropped and this is a historical reason as momentum dies in bull market, FUT and option selling suited market. Tomorrow 22710 will be an important resistance, a shooting star in 5 Min TF will be good to short. Below 22600 we will short.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 22710 then we will long for the target of 22865.
For selling we need a 15 Min candle close below 22600. T- 22420.
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 8 Apr 2024NIFTY Intraday Trade Setup For 8 Apr 2024
Bullish-Above 22620
Invalid-Below 22570
T- 22830
Bearish-below 22300
Invalid-Above 22350
T- 22090
NIFTY has closed on a neutral note with slight gain of 1.2% gain. However it has closed above 22500 after 6 attempts. The weekly candle is a neutral and indecisive candle, a spinning top. Above its high-22620 we will plan bullish view and below its low-22300 we will plan a bearish view. Probability of upmove seems high but will follow market to trigger. Index has created inside candle on Friday which indicates a potential compression in markets so between 22620 and 22300 we will avoid directional trade.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 22620 then we will long for the target of 22830 and 23030.
For selling we need a 15 Min candle close below 22300. T- 22090.
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.
SELL NIFTY AROUND 12:20 PM | INTRADAY TRADE 5TH APRILAs per SpanAttack timings algo, we look forward for a weakness today in market after 12:20 PM. Sell Nifty around 12:20 PM today, we have marked the crucial resistance levels, try to sell as close as you get.
Sell Nifty: Around 12:20 PM and near crucial important resistance levels.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
NIFTY Intraday Trade Setup For 5 Apr 2024NIFTY Intraday Trade Setup For 5 Apr 2024
Bullish-Above 22620
Invalid- Below 22570
T- 22830 23030
Bearish-Below 22300
Invalid-Above 22350
T- 22090
NIFTY has closed with a 0.36% gain today. It was most volatile day after many days, maybe due to RBI event tomorrow. It opened with a big gap up and 10 o'clock range was to be used as per trade setup. Range broke downside below 22380 and gave 70+ points move in favor then it recovered 70% from where it fell. Tomorrow it will be both way moves once again die to RBI Credit Policy. So Personally I will avoid trading tomorrow.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 22620 then we will long for the target of 22830 and 23030.
For selling we need a 15 Min candle close below 22300. T- 22090.
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 4 Apr 2024NIFTY Intraday Trade Setup For 4 Apr 2024
Bullish-Above 22530
Invalid-Below 22480
T- 22767
Bearish-Below 22390
Invalid-Above 22440
T- 22190
NIFTY has closed at a striking distance to ATH and on verge of a ATH breakout. It ended on a flat note today. Tomorrow if at all it breaks ATH then possibility of a shot covering rally is high. A strong momentum trade can be planned above 22530 which will be best directional for tomorrow. 22390 is intraday support so below 22390 we will plan a short trade, target of 22190 will be confirmed below today's low. High probability trade is in buy side.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 22530 then we will long for the target of 22767.
For selling we need a 15 Min candle close below 22390. T- 22190.
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.
SELL NIFTY AROUND 10:35 | INTRADAY TRADE 2ND APRILAs per SpanAttack timings algo, we look forward for a fall today around 10:35. Sell Nifty around 10:35 AM today, we have marked the crucial resistance levels, try to sell as close as you get.
Sell Nifty: Around 10:35 AM and near crucial important resistance levels.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
NIFTY Intraday Trade Setup For 2 Apr 2024NIFTY Intraday Trade Setup For 2 Apr 2024
Bullish-Above 22530
Invalid-Below 22480
T- 22780
Bearish-Below 22420
Invalid-Above 22470
T- 22200
NIFTY has closed on a bullish note with 0.61% gain today. Entire gain has been contributed by gap up as it opened with 0.57% gain. For the rest of the day index traded between 22530 and 22430, inside 100 points. It has formed a shooting star candle in daily TF although closed with gains but daily candle suggests weakness. Yesterday's buy level was 22530 and same will be for tomorrow. Below 22420 index will be bearish in intraday.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 22530 then we will long for the target of 22780.
For selling we need a 15 Min candle close below 22420. T- 22200.
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 Apr 2024NIFTY Intraday Trade Setup For 1 Apr 2024
Bullish-Above 22530
Invalid-Below 22480
T- 22780
Bearish-Below 22250
Invalid- Above 22300
T- 22045
NIFTY has closed on a bullish note last week with 1% gain. It was a short week of 3 sessions but since start of the week bulls took charge and held till weekend. Now above 22530-50 we will witness another round of strong bullish move in daily TF. On Thursday itself we discussed about hourly TF breakout above 22215 and it gave a fantastic move. Also since it has been rejected from ATH zone so there is a pullback scenario below 22250 towards 22045, which is again a reversal level.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 22530 then we will long for the target of 22780.
For selling we need a 15 Min candle close below 22250. T- 22045.
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 28 Mar 2024NIFTY Intraday Trade Setup For 28 Mar 2024
Bullish- Above 22215
Invalid- 22165
T- 22360 22550
Bearish- Below 22040
Invalid- Above 22090
T- 21880 21680
NIFTY has closed on a bullish note with 0.54% gain today. It was firmly bullish since opening as buy triggered above 22080 and gave a steady move till 22200. However our targets were unachieved due to overall low momentum market. It has tested hourly resistance level 22210 which is a breakout level inside the overall parallel channel in hourly and daily TF. Tomorrow above 22215 we can expect a good upmove on flat opening. 22040 is today's low and an important bearish reversal point considered from hourly resistance - 22210.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 22215 then we will long for the target of 22360 and 22550
For selling we need a 15 Min candle close below 22040. T- 21880 and 21680.
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 27 Mar 2024NIFTY Intraday Trade Setup For 27 Mar 2024
Bullish-Above 22080
Invalid-Below 22030
T- 22250
Bearish-Below 21940
Invalid-Above 21990
T- 21800 21630
NIFTY has closed on a bearish note with 0.42% cut today. While all this cut was entirely contributed by gap down opening. In intraday it traded in 80 points range, for the max time it froze between 50 points. Since 2nd week of Feb index has been hovering near 22000 zone. I am waiting for 21700 to be broken downside for a trendy move or else it is sideways and position sizing must be reduced till the time index is trading between this channel in daily TF.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 22080 then we will long for the target of 22250.
For selling we need a 15 Min candle close below 21940. T- 21800 and 21630.
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 Mar 2024NIFTY Intraday Trade Setup For 26 Mar 2024
Bullish-Above 22210
Invalid-Below 22160
T- 22455
Bearish-Below 22015
Invalid-Above 22065
T- 21880 21700
NIFTY has closed with a slight bullish sentiment last week with 0.33% gain. Index is still in trading sideway. Fresh bearish price action will be seen below 21700 now. There can be bull's grip if give breakout of 22250 in hourly TF, it is nothing but 0.618 upper zone taken from ATH. Below 22015 internal structure will once again turn bearish clear downside move can be seen. Between 22210 and 22010 approach will be non-directional.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 22210 then we will long for the target of 22455.
For selling we need a 15 Min candle close below 22015. T- 21880 and 21710.
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.
SELL NIFTY @ 1:00 PM ON 22ND MARCH '24We are seeing a fall in Nifty in second half of the session. Sell Nifty around 1:00 PM today, we have marked the crucial resistance levels, try to sell as close as you get.
Sell Nifty: Around 1:00 PM and near crucial important resistance levels.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
Nifty weekly analysis for 18/03/24.
Nifty has given a 2% fall in a week and closed above 22k levels after testing 21900 levels.
It consolidated around the higher level and gave a fall, there is a probability of it continuing the fall.
If there is a gap down opening and a retest of the current support level of 21900, a bearish trade can be initiated after a negative price action around it.
In case of a gap up, wait for a W pattern formation and enter only when the neck line is crossed and sustained.
For last 2 trading session, nifty is forming an inside candle and is consolidating. The break out/down can give good movement.
Major support levels :- 21900, 21780, 21580
Nifty is trading below the 20 ema (daily) and is sustaing below it. The consolidation range is between the horizontal support and 20 ema as a resistance.
There is a break down of a trendline and the retest is also done in nifty which adds on for a confirmation on the bearish side.
Resistance levels :- 22100, 22190
Wait for the price action near the levels before entering the market.
NIFTY Intraday Trade Setup For 22 Mar 2024NIFTY Intraday Trade Setup For 22 Mar 2024
Bullish-Above 22100
Invalid-Below 22050
T- 22315 22530
Bearish-Below 21940
Invalid-Above 21990
T- 21700 21480
NIFTY has closed on a bullish note with 0.79% gain today but all contributed through gap up opening. It was was more or less seller's expiry. Breakdown of the 50 EMA could not be sustained. Now we need a fresh bearish price action in daily TF for a fresh short view, which I will update here. Index has formed doji type candle in daily TF so below 21940 there can good bearish grip once again. In case it opens below 22080 then above 22100 we will plan a long trade.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 22100 then we will long for the target of 22315 and 22530.
For selling we need a 15 Min candle close below 21940. T- 21710 and 21480.
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 Mar 2024NIFTY Intraday Trade Setup For 21 Mar 2024
Bullish-Above 21950
Invalid-Below 21900
T- 22165
Bearish-Below 21700
Invalid-Above 21750
T- 21480 21285
NIFTY has closed on a flat note with minor gain of 0.1% today. It has formed a doji candle in daily TF just after closing below 50 EMA yesterday. In order to follow the recent bearish trend established index has to take down 21700 again. One fine bearish move can be seen below today's low. It was a volatile session today as sell triggered and gave 80 points in favor then reversed sharply. Since it is a doji candle above its high bulls will try to regain 50 EMA in daily TF.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 21950 then we will long for the target of 21965.
For selling we need a 15 Min candle close below 21700. T- 21480 and 21285.
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 | 20th MarNifty opened with a gap-down today due to TCS news around 21960 and after making a high at 21978 we saw a sharp sell-off and Nifty made low below 21800 which acted as support.
For tomorrow, if Nifty sustains above 21870 we expect to see a pullback towards 21910 and upper marked levels. On the other side, fresh selling will be triggered if Nifty breaks 21800 on the downside, we may see 21760 and below marked levels on the chart.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 21870
Sell Below - 21800
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
NIFTY Intraday Trade Setup For 20 Mar 2024NIFTY Intraday Trade Setup For 20 Mar 2024
Bullish-Above 22000
Invalid-Below 21950
T- 22200
Bearish-Below 21780
Invalid-Above 21830
T- 21580 21350
NIFTY finally gave breakout of the channel pattern daily TF and closed today with 1% cut today. Our short trade is now active below 21900, this level was discussed multiple times in the recent days back. Now index is ready for a good downside move. We will drop bearish view once it regains 50 EMA in daily TF. Tomorrow 21985 zone will be an intraday resistance if tested. On a flat opening below today's low there will be a good downmove.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 22000 then we will long for the target of 22200.
For selling we need a 15 Min candle close below 21780. T- 21580 and 21350.
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 March 2024The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of 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.
These levels act as support and resistance. You have to trade according to level breakout or breakdown.
To buy or sell you can follow Buy/Sell Indication given by indicator or you can follow cloud also.
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 19 Mar 2024NIFTY Intraday Trade Setup For 19 Mar 2024
Bullish-Above 22130
Invalid-Below 22080
T- 22345 22550
Bearish-Below 21900
Invalid-Above 21950
T- 21634 21400
NIFTY has almost on a flat note with minor gain of 0.14% gain today. Its been 3 consecutive day where it closed inside 13 Mar candle's range. Hourly swings are very important at this point, 22210 and 21900 are levels to watch for breakout. However index has formed inside candles after a decent red candle so below 21900 a fast momentum will be triggered in the downside which will be the breakout of the channel pattern in daily TF.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 21130 then we will long for the target of 22345 and 22550.
For selling we need a 15 Min candle close below 21900. T- 21634 and 21400.
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 | 19th MarNifty opened flat today around 22000 and it was a very volatile session. Nifty went down towards 21916 but didn't trigger the sell level. Though we got the buy trade above 22060 and it hit our 1st target.
For tomorrow, buy Nifty if sustains above 22120 for the targets of 22160 and upper marked levels. On the other side, fresh selling will be triggered if Nifty breaks 21980 on the downside, we may see 21940 and below marked levels on the chart.
Keep your quantity low as we anticipate to see again a volatile session tomorrow.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 22120
Sell Below - 21980
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India