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Niftyintradaysetup

Nifty Intraday Trade Setup | 10th Jan '24Today Nifty opened with a gap-up, after consolidating it triggered a buy trade above 21640 and made a high around 21724 which was near to our final target. In second half we saw the rejection which was expected and a sharp fall of more than 200 points from a day high in Nifty towards 21517. For tomorrow, if Nifty sustains below 21470 we expect to see more downside towards 21430 and below levels. On the upside, Nifty has to break 21645, which can take Nifty towards 21675 and higher levels as marked on the chart. Expectations: Volatile Day Intraday Levels: Buy Above - 21645 Sell Below - 21470 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
NSE:NIFTYShort
by InvestPro_India
1
NIFTY prediction for tomorrow 10 Jan 24As we discussed, Nifty has been moving in a sideways range-bound market in the range of 21500 and 21750. right now, it is on a support line. If it breaks to the downside, it can achieve a nice bearish target. But as we can see, it had formed an insider candle in the time frame. According to the OI data, PCR is 0.65 overall. The market has shown a bearish structure for the past 3 days. There are higher chances to break it to the downside. If it breaks to the downside, I am expecting it to fall nicely; otherwise, I will be playing range-bound Selling options. Reasons: Price < EMAs shows the bearish market. If it falls, a good target can be achieved. (Bearish) RSI has dropped to the bearish zone (<40), which shows very weak bulls in the market. (Bearish) OI data shows PCR = 0.65, which is assumed to be the bearish market condition. Today, CE was added in large quantities, which can be seen in the daily OI change. There is a huge CE writing on levels 21600, 21650, and 21700. (Bearish) 21500 is MAX PAIN. If it breaks to the downside, a good fall can be seen in nifty till the level of 21120. (Bearish) At the time of fall, volume is quite high today, but once it came to support a good volume of CE unwinding (Bearish) Verdict: Bearish Plan of action: Bearish if it Breaks the 21500 level to the downside; otherwise, wait for PA at 21500. Note: PA = Price Action
NSE:NIFTYShort
by finnova_
Nifty Intraday Trade Setup | 9th Jan '24Today Nifty opened with a gap-up and after making a high around 21760 we saw a good selling from upper levels. Nifty triggered our sell level 21630 and hit all the targets on downside. For tomorrow, if Nifty sustains above 21640 we expect to see more upside towards 21670 and upper levels. On the downside, Nifty has to break 21490 to open more lower targets as marked on the chart. Expectations: Volatile Day Intraday Levels: Buy Above - 21640 Sell Below - 21490 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
NSE:NIFTY
by InvestPro_India
1
#Nifty directions and levels for JAN 9th."Good morning, friends! Here are the directions for January 9th: The global market sentiment remains moderately bearish, supported by the Dow Jones, while our local market sentiment reflects a similar trend. It might open with a gap-up start, as indicated by Giftnifty showing a +120. If the gap-up sustains, our minimum target is 38%. Should it break, a pullback is likely to continue, reaching levels of 50% and 61%. On the other hand, if it rejects around 38% or the gap-up doesn't sustain, we can expect a correction. Continuation will only occur if it breaks the immediate support level."
NSE:NIFTY
by Manickamtraders
Nifty Intraday Trade Setup | 8th Jan '24Today Nifty opened with a gap-up above 21700 which was our buy level, and remained in the range until 10:30 am. Nifty broke it's range on the downside, and we took Sell trade on the breakdown which gave quick 30 points profit. For Monday, until Nifty cross 21800 we are not comfortable in buying as there are multiple resistances in 21750 - 21800 zone. Let Nifty sustain above 21800, we expect to see some upside towards 21830 and upper marked levels. However, for further rally 21850 is the deciding level, once it's crossed we expect to see 250 - 350 points fast up move. On the downside, once Nifty sustains below 21630 which is today's low we may see further downside towards 21590 and below marked levels on the chart. To break the current uptrend, Nifty has to sustain below 21500 which is critical level on the downside. Expectations: Volatile Day Intraday Levels: Buy Above - 21820 Sell Below - 21630 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
NSE:NIFTY
by InvestPro_India
1
NIFTY Prediction for tomorrow 9 Jan 24As we discussed nifty yesterday, It could not break to the upside, so entry didn't activate, but it broke to the downside pattern today. Also, if we look into the market, OI data indicates PCR = 0.7, which is bearish. Also, because the market is in the support line, it is still inside the channel. If it breaks the range to the downside, sellers will get activated, and heavy selling might be witnessed. I am expecting the market to move further down if it breaks to the downside. as Banknifty is already super Bearish. Nifty might follow up on the same trend in tomorrow's market. Reasons: Price < EMA(13,50), but it's close to 200 EMA, which might provide a nice support. The trend has broken to the downside. Banknifty is bearish. NIFTY might also follow the same trend to the downside. RSI has dropped to the bearish zone (<40), which shows very weak bulls in the market. OI data shows PCR = 07, which is assumed to be the bearish market condition. Today, CE was added in large quantities, which can be seen in the daily OI change. (Bearish) 21500 is MAX PAIN. If it breaks to the downside, a good fall can be seen in nifty till the level of 21120. Verdict: Bearish Plan of action: Bearish if it Breaks the 21500 level to the downside; otherwise, wait for PA at 21500. Note: PA = Price Action
NSE:NIFTYShort
by finnova_
NIFTY Prediction for tomorrow 8 Jan 24As we have been discussing the NIFTY in the channel, It performed really well. But now it's forming a new pattern that can be seen in the chart. Nifty has been showing a very bullish signal as it has been super bullish in the last hour today. Suppose we look into OI data PCR = 0.88, which is assumed to be mild bullish. Also, it has been taken support at the trendline. I am expecting it to go bullish if it can break the 21700 to the upside. Then, once it retraces, we can make the entry and hold till 21900 min as marked on the chart. OR it can be sideways inside the given ascending triangle marked using BLUE annotation. Reasons: Price > EMA(13,50,200) which shows price have strength. The bulls are in control. (Bullish) EMA(13,50) crossover shows bullishness in the Market. RSI is about to cross 60 to the upside, which means it's entering in the Bullish zone. RSI is showing good strength in trend. OI data PCR = 0.82, which is mild bullish. As it's the first day, it won't make any difference, but still, it's a sign of bullishness. Along with it, In 2nd half today, most Positions have been exited, and 21700 and 21800 still have nice resistance. The market has taken very nice support from 50 EMA. There are chances to go HH, HL. Verdict: Bullish Plan of action: Sell 21700 PE + BUY 21300 CE(For hedge and margin benifits)
NSE:NIFTYLong
by finnova_
2
NIFTY Prediction for tomorrow 5 Jan 24As we have been discussing the NIFTY in the channel, It performed really well. But now it's forming a new pattern that can be seen in the chart. Nifty has been showing a very bullish signal as it has been super bullish in the last hour today. Suppose we look into OI data PCR = 0.88, which is assumed to be mild bullish. Also, it has been taken support at the trendline. I am expecting it to go bullish if it can break the 21700 to the upside. Then, once it retraces, we can make the entry and hold till 21900 min as marked on the chart. OR it can be sideways inside the given ascending triangle marked using BLUE annotation. Reasons: Price > EMA(13,50,200) which shows price have strength. The bulls are in control. (Bullish) EMA(13,50) crossover shows bullishness in the Market. RSI is about to cross 60 to the upside, which means it's entering in the Bullish zone. RSI is showing good strength in trend. OI data PCR = 0.82, which is mild bullish. As it's the first day, it won't make any difference, but still, it's a sign of bullishness. Along with it, In 2nd half today, most Positions have been exited, and 21700 and 21800 still have nice resistance. The market has taken very nice support from 50 EMA. There are chances to go HH, HL. Verdict: Bullish Plan of action : Sell 21700 PE + BUY 21300 CE(For hedge and margin benifit)
NSE:NIFTYLong
by finnova_
#Nifty directions and levels for Jan 5th"Giftnifty indicates a -5 point trend, suggesting that Nifty might open neutrally. after that If it experiences a pullback and effectively breaks the level of 21707, we can expect its continuation towards the 78% supply zone.we can expect its continuation towards the 78% supply zone Bearish perspective: If the market opens with a gap-down or faces rejection around the 21707 level, we can anticipate a minimum 38% to 61% Fibonacci correction. Structurally, a correction might transform into the second leg of a correctional pattern.
NSE:NIFTY
by Manickamtraders
Nifty Intraday Trade Setup | 5th Jan '24Today Nifty with a gap-up above 21600, broke the resistance line and rejection level for yesterday with gap-up and sustaining above 21600 triggered our buy level. Nifty made a high around 21685 and we booked profit in both 21600 and 21650 CEs today. For tomorrow, if Nifty breaks 21700 on the upside, we expect to see further buying towards 21740 and above levels marked. On the downside side, if Nifty breaks 21590, we expect to see more weakness towards 21550 and below marked levels on the chart. Expectations: Volatile Day Intraday Levels: Buy Above - 21700 Sell Below - 21590 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
NSE:NIFTY
by InvestPro_India
1
Nifty Intraday Trade Setup | 4th Jan '24Today Nifty again opened flat, broke our sell level 21600 on the downside and made a low at 21500. We booked great profit in Nifty 4th Jan & 11th Jan expiry Puts. For tomorrow, if Nifty breaks 21470 on the downside we expect to see further selling towards 21430 and below levels marked on the chart. On the other side, if Nifty sustains above 21600, we expect to see some bounce towards 21630 and upper marked levels. Expectations: Volatile Day Intraday Levels: Buy Above - 21600 Sell Below - 21470 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
NSE:NIFTY
by InvestPro_India
1
Nifty prediction for tomorrow 4th Jan 24As we have discussed, the Nifty in the morning analysis fell quite a few points with a nice selling volume. Right now, Nifty is moving into the bearish channel and is supposed to complete it. It will move to the 200 EMA, and it might take support there. According to the OI data, PCR 0.62 means it's very bearish. I am expecting it to fall to 200 EMA. Reason: Price < EMA(13,50,200) in 15 min TF. it's very bearish right now. (Bearish) OI data shows PCR 0.62, which is very bearish, and higher levels 21500, 21550, and 21600 are showing very high CE writing. 21600 is a very strong resistance. (Bearish) RSI < 40 shows the very weak power of bulls. (Bearish) 21500 is a good price action level. If it breaks to the downside, then it will give a nice fall. In the 2nd half, it has been a very good selling with the increasing volume of every candle. Verdict: Bearish Plan of action : If the morning candle opens sideways, then you may go Bearish; in the case of Gap, wait for the trend.
NSE:NIFTYShort
by finnova_
Nifty Intraday Trade Setup | 3rd Jan '24Today Nifty opened flat, tried to take support around 21700 but after sometime broke our sell level 21680 on the downside and made a low around 21550 which was our final target. For tomorrow, if Nifty breaks 21600 on the downside we expect to see 21560 and below levels marked on the chart. On the other side, if Nifty sustains above 21700, we expect to see some bounce towards 21740 and upper marked levels. Until Nifty sustains above 21850, it's sell on rise. Expectations: Volatile Day Intraday Levels: Buy Above - 21700 Sell Below - 21600 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
NSE:NIFTY
by InvestPro_India
1
Nifty Intraday Trade Setup | 2nd Jan '24Today Nifty opened flat and remained in a range for first half. After 1:30 it broke range, went above our buy level 21760 and 2 targets on buying side were done. We updated about the important resistance level of 21850, in last week analysis and today we saw good rejection near that level. For tomorrow, if Nifty breaks 21670 on the downside we expect to see 21630 and below levels marked on the chart. On the other side, if Nifty sustains above 21850, we will see fresh buying which could take Nifty towards 21890 and upper marked levels on the chart. Expectations: Volatile Day Intraday Levels: Buy Above - 21850 Sell Below - 21670 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
NSE:NIFTY
by InvestPro_India
4
Nifty Intraday Trade Setup | 1st Jan '24Today was a range bound day, Nifty moved in 70 points range from 21760 to 21690 broadly. Sell trade triggered below 21720 and Nifty hit our 1st target on the downside. For tomorrow, if Nifty sustains above 21760 we expect to see more upside towards 21790 and upper marked levels. On the other side, if Nifty breaks 21670 on the downside, we may see 21630 and below marked levels on the chart. Expectations: Volatile Day Intraday Levels: Buy Above - 21760 Sell Below - 21670 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
NSE:NIFTY
by InvestPro_India
1
Nifty Intraday Trade Setup | 29th DecToday was a typical expiry day, Nifty opened with a gap-up and after consolidation made a low at 21678 and our buy level was 21680. Nifty gave a good upside from our buy level towards 21801 and all our targets were done. Though we took Nifty Sell trade and booked approx 40 points profit in options that was the only trade for today. For tomorrow, if Nifty sustains above 21850 we expect to see more upside towards 21890 and upper marked levels. On the other side, if Nifty breaks 21720 on the downside, we may see 21680 and below marked levels on the chart. Expectations: Volatile Day Intraday Levels: Buy Above - 21850 Sell Below - 21720 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
NSE:NIFTY
by InvestPro_India
4
Nifty Intraday Trade Setup | 28th DecToday was a highly volatile day. Nifty opened with a gap-up above 21500 and we saw a good up move in morning towards 21600 odd levels where we saw a fast profit booking but Nifty took a support from trend line around opening price and gave another rally. In 3 PM candle Nifty gave a breakout and we saw quick 80 - 85 points move. For tomorrow, if Nifty opens flat and sustains above 21680, we may see a follow-up buying towards 21720 and upper marked levels. On the other side, if Nifty breaks 21550 on the downside, we expect to see further selling towards 21510 and below marked levels on the chart. Expectations: Volatile Day Intraday Levels: Buy Above - 21680 Sell Below - 21550 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
NSE:NIFTY
by InvestPro_India
5
Nifty Intraday Trade Setup | 27th DecToday Nifty opened flat and after taking support @ 21350 we saw good up move and some selling from tops. We bought 21400 CE in morning which we booked with good profit and then also bought 21550 PE which gave a decent profit again. For tomorrow, if Nifty sustains above 21480, we expect to see more up move towards 21520 and above marked levels. However, if Nifty unable to hold 21400, we may see more selling towards 21360 and below marked levels. This week volumes are low as FIIs are on holiday, trade cautiously with small quantity. Expectations: Volatile Day Intraday Levels: Buy Above - 21480 Sell Below - 21400 To motivate us, Please like the idea If you agree with the analysis. Happy Trading!
NSE:NIFTY
by InvestPro_India
3
Nifty Intraday Trade Setup | 19th DecNifty made a ATH at 21492 on Friday and today we saw some selling from higher levels. We have taken STBT position in Nifty and will looking for a sell opportunity in Nifty if it opens flat or small gap-up tomorrow. We expect to see lower levels around 21340 once Nifty sustains below 21420. Expectations: Volatile Day Intraday Levels: Buy Above - Not looking for buy at these levels. Sell Below - 21420 To motivate us, Please like the idea If you agree with the analysis. Happy Trading!
NSE:NIFTYShort
by InvestPro_India
3
Nifty Intraday Prediction Levels for 18 Dec 2023The chart indicates 15 min time frame. These Levels act as Support or Resistance according to 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. You have to trade according to level breakout or breakdown. 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.
NSE:NIFTY
by suraranjanganguli
Nifty Intraday Prediction Levels for 14 Dec 2023The chart indicates 15 min time frame. These Levels act as Support or Resistance according to 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. You have to trade according to level breakout or breakdown. 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.
NSE:NIFTY
by suraranjanganguli