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.
Niftyintradaylevels
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
NIFTY Intraday Trade Setup For 18 Mar 2024NIFTY Intraday Trade Setup For 18 Mar 2024
Bullish-Above 22130
Invalid-Below 22080
T- 22345 22550
Bearish-Below 21900
Invalid-Above 21950
T- 21634 21400
NIFTY has closed on a bearish note on a bearish note with 2% cut last week. It has got rejected from from 2.618 PRZ in weekly TF which was pretty obvious. Below 21850 we will get a breakout of channel in daily TF. After a bold bearish candle on 13 Mar the next two consecutive candles were inside candles. which is a sign of compression before a big/parabolic move. Below 21900 downside move will be triggered which will be confirmed below 21850 EOD.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 22130 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 | 18th MarNifty opened flat on Friday around 22075 and after forming a high around 22120 we saw a selling towards Thursday low 21930 zone but Nifty took support and again reached to 22050 levels.
For Monday, buy Nifty if sustains above 22060 for the targets of 22100 and upper marked levels. On the other side, fresh selling will be triggered if Nifty breaks 21900 on the downside, we may see 21860 and below marked levels on the chart.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 22060
Sell Below - 21900
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
NIFTY Intraday Trade Setup For 15 Mar 2024NIFTY Intraday Trade Setup For 15 Mar 2024
Bullish-Above 22210
Invalid-Below 22160
T- 22450 22670
Bearish-Below 22080
Invalid-Above 22130
T- 21840 21600
NIFTY has closed on a bullish note with 0.68% gain today. It gave expected 50% retracement of the fall seen on 13 Mar. Now once again we can expect downside continuation. Key level is 21900 for the continuation of bearish impulse. 22080 is the last swing low so below that we will get a early/internal bearish price structure. Best trade will be in sell side. However if market trades above 22210 then we will see 22450 in intraday.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 22210 then we will long for the target of 22450 and 22670,
For selling we need a 15 Min candle close below 22080. T- 21840 and 21600.
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 14 Mar 2024NIFTY Intraday Trade Setup For 14 Mar 2024
Sell_1- From 22250
Invalid-Above 22300
T- 22050 21900
Sell_2- Below 21900
Invalid-Above 21950
T- 21689 21487
NIFTY has closed on a bold bearish note with 1.51% cut today. It was a good trendy day. Sell triggered below 22250 and hit both mentioned targets till 21910. Yesterday we discussed that index is in distribution phase and breakout of the parallel channel will trigger intraday momentum and will spike VIX. Trader's healthy environment is when VIX is above 15-16. Tomorrow 22250 will be an intraday CIP resistance and half bat PRZ.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes below 21900 then we will short for the target of 21689 and 21487.
2nd short will be planned from 22250. T- 22050 21900.
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 13 Mar 2024NIFTY Intraday Trade Setup For 13 Mar 2024
Bullish-Above 22460
Invalid-Below 22410
T- 22665
Bearish-Below 22250
Invalid-Above 22300
T- 22090 21900
NIFTY has closed on an absolute flat note today. It was trading between Mars and Moon but eventually landed on Earth. Till the time index is trading between the parallel channel in daily TF momentum is going to shrink and filled with random moves. Wait for this pattern either side to get a tradable market with VIX above 15. Tomorrow 22460 and 22250 are important levels for watch out for breakout. If index trades between this range then I will not touch it as directional purpose.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 22460 then we will long for the target of 22660.
For selling we need a 15 Min candle close below 22250. T- 22090 and 21900.
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 12 Mar 2024NIFTY Intraday Trade Setup For 12 Mar 2024
Bullish-Above 22450
Invalid-Below 22400
T- 22655
Bearish-Below 22300
Invalid-Above 22350
T- 22090 21900
NIFTY has closed on a bearish note with 0.72% cut today. Sell triggered as per trade setup below 22430 and gave a move till 22310, targets were not achieved although it gave 100+ points gain. Tomorrow 22450 is the key level for a bullish reversal on a flat opening or opening below 22430. In case it opens gap up near 22505 then a sell off can be seen once again. Index has been trading in the parallel channel in daily TF and has been rejected from mid line of that.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 22450 then we will long for the target of 22655.
For selling we need a 15 Min candle close below 22300. T- 22090 and 21900.
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 analysis for 12/03/24.Nifty has given a nice break out of the parallel channel and now is retesting it.
On the hourly charts, the market seem to consolidate around the support levels.
If there is a gap up opening, a bullish trade can be captured in the index once it crosses 22420 levels with the targets of ATH.
Major support levels :- 22240, 22170
The market is in a bullish mode and every dip is being bought. Any bullish pattern around the support level can be bought in this scenario.
Even the seller are waiting for the market to short, but the sell off today doesn't seem to effect the bullish mode as it was slow and took time to test the lower levels.
RSI is showing some bearish divergence as the strenght also need to reset and come up for another bullish move.
Major resistance levels :-22420, 22510
Wait for the price action near the levels before entering the market.
NIFTY Intraday Trade Setup For 11 Mar 2024NIFTY Intraday Trade Setup For 11 Mar 2024
Bullish-Above 22530
Invalid-Below 22480
T- 22710 22850
Bearish-Below 22420
Invalid0Above 22470
T- 22200 21980
NIFTY has closed on a slight bullish note with 0.51% gain last week. Few week back in the weekend analysis it was discussed that index has been trading in a parallel channel in daily TF. Still index has maintained its pattern. This is not an clear impulse I personally feel, rather a stretch or distribution. Clear move will be seen on this pattern breakdown. Till then I have reduced my position size and have been focusing on non direction approach (strangles).
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 22710 and 22850.
For selling we need a 15 Min candle close below 22420. T- 22200 and 21980.
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 2024NIFTY Intraday Trade Setup For 2024
Bullish-Above 22500
Invalid-Below 22450
T- 22675 22850
Bearish- Below 22350
Invalid-Above 22400
T- 22170 21980
NIFTY has closed on a bullish note with 0.53% gain today. After 3 days of decline move it gave a slight good move in today's session. Now it has given a fresh breakout after consolidating so above 22500 it will test 22850 as per ABCD pattern. 1st minor intraday resistance will be 22675 and 22850 being a strong one. Best trade will be on flat opening and sustaining above 22500. 22350 is a deciding zone , break of which will lead to an intraday fall.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 22500 then we will long for the target of 22675 and 22850.
For selling we need a 15 Min candle close below 22350. T- 22170 and 21980.
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.