Niftyintradaysetup
#Nifty"Today, April 25th, the global market indicates a slightly positive start, with a moderately bullish market sentiment. The market may open neutral or gap-up. If the gap-up sustains, we can expect a continuation of the pullback. However, if the initial market decline occurs, we can expect a correction."
Simple Trade Setup | NIFTY | 25-04-2023 [INTRADAY]NSE:NIFTY
Flip zone: : This zone is such a zone which will work as resistance if price is below it. And it will work as support if price is trading above it.
Resistance zone: This zone will mainly work as resistance. Once price sustain above it then it is considered as breakout.
Support zone: This zone will mainly work as support. Once price sustain below it then it is considered as breakdown.
All other levels between zones are such a level that you can scalp from it , book partial/full profit and also use it as trailing SL.
Good trade setup with good Risk reward will be only if we enter from any of zone.
-------------------------------------
Trade Setup for 25-04-2023
Most of all the levels and zones remains same as per previous.
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NIFTY : Levels for mondayNifty Levels are shared for Monday
Details analysis already shared in You Tube
Like, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
I may be 100% wrong as its my personal trade.
First Learn and then remove "L"
FASP levels for Nifty 24/04/2023The FASP for BankNifty is listed for 24-04-2023. 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.
#Nifty"Today, April 21, The global market is indicating a neutral start, with a moderately bearish market nature. Structurally, we can expect a range-bound market. The first few moments of trading could determine the day's direction. If the initial market experiences a sharp move, we can expect a trending market, possibly with a directional momentum. On the other hand, if the initial market experiences consolidation, we can expect a range-bound market."
#Nifty"Today, April 20th, the global market indicates a slightly positive start, but the market nature is moderately bearish. It may begin with a gap-up, but if it takes a pullback, we can initially expect minor stocks only. If it sustains the pullback, the trend will continue, or if it rejects around a major key level, we can expect a correction. On the other hand, if the initial market declines, we can expect the 5th sub-wave of a diagonal. If the decline takes a sharp and long turn, it is a sign of correction continuation."
Simple Trade Setup | NIFTY | 19-04-2023 [INTRADAY]Flip zone: : This zone is such a zone which will work as resistance if price is below it. And it will work as support if price is trading above it.
Resistance zone: This zone will mainly work as resistance. Once price sustain above it then it is considered as breakout.
Support zone: This zone will mainly work as support. Once price sustain below it then it is considered as breakdown.
All other levels between zones are such a level that you can scalp from it , book partial/full profit and also use it as trailing SL.
Good trade setup with good Risk reward will be only if we enter from any of zone.
-------------------------------------
Trade Setup for 19-04-2023
Most of all the levels and zones remains same as per previous.
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level. NSE:NIFTY
#Nifty"On the trading day of April 18th, the global market is indicating a slightly negative start, and the market sentiment is moderately bullish. Structurally, there is a lower probability for a big rally, but if the market initially shows a strong pullback, we can consider that the pullback will turn into a rally continuation. However, the immediate upside key level will be a potential rejection point. On the other hand, if there is an initial decline, we can expect a correction."
Simple Trade Setup | NIFTY | 18-04-2023 [INTRADAY]NSE:NIFTY
Flip zone: : This zone is such a zone which will work as resistance if price is below it. And it will work as support if price is trading above it.
Resistance zone: This zone will mainly work as resistance. Once price sustain above it then it is considered as breakout.
Support zone: This zone will mainly work as support. Once price sustain below it then it is considered as breakdown.
All other levels between zones are such a level that you can scalp from it , book partial/full profit and also use it as trailing SL.
Good trade setup with good Risk reward will be only if we enter from any of zone.
-------------------------------------
Trade Setup for 18-04-2023
Most of all the levels and zones remains same as per previous.
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
#Nifty"Trading day, April 17th: The global market is indicating a negative start, but the market nature is bullish. It may start with a gap-down. After that, if the market consolidates, that's a sign of a rally continuation. On the other hand, if the market reaches the previous spike, it may lead to a correction."
Nifty Price action for 17th AprilNifty is forming double top on hrly TF. breaking below 17731, it is expected to fall 80-110 points on the downside.
For positional trade: Nifty has formed a hangingman Candlestick pattern. SL high of the hangingman candlestick. Entry at break of the low of the candle.
NIFTY : Near Major resistance zoneNIFTY will be in near major resistance zone soon. Today;s high should be break tomorrow to go further till resistance and started creating doji type canlde.
lets wait & watch today's price actions.
Like, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
I may be 100% wrong as its my personal trade.
First Learn and then remove "L"
#Nifty"Trading day, April 13th: The global market is indicating a neutral to slightly negative start, with a moderately bullish market nature. It may begin with a neutral sentiment similar to yesterday's structure. If the initial market experiences a sharp pullback, we can expect a continuation of the rally. However, if the pullback occurs slowly and consolidates, it could indicate distribution and a correction may be expected when it rejects the major resistance zone. Conversely, if the initial market declines sharply, a correctional wave is likely, and the market should 38% fib level. If the market breaks 38%, we can expect a minimum of 78% to the extension level of 1.27. On the other hand, if the decline doesn't break 38%, it could be a sign of a range market and a continuation of the rally."
NIFTY, April 13, 2023NSE:NIFTY
17800 act as resistance, wait for breakout if breakout confirm then our target is 17850-18000.
17750 can act as support level consider shorting below this level, next support is on 17650
Happy trading :)
Rana Sandeep Singh
Analyst, Trader, Investor
Detailed daily index analysis at
in.tradingview.com/u/starkwelt/
Nifty-13/04/2023-LevelsHello Traders, Welcome to SriTrader5121
____________________________________
Nifty-13/04/2023-Levels
IMPORTENT ZONE FOR THE DAY : 17767 - 17776
Possibilities of Today market open...
Possibility 1: FLAT
If market open as a FLAT and moves to UP-SIDE then BUY with the Support of PDH and SELL with the Rejection of PDH.
(or)
If market open as a FLAT and moves to DOWN-Side then BUY with the Support of IMP and SELL with the Rejection of IMP.
Possibility 2: GAP-UP
If market open as a GAP - UP and moves to UP - Side then BUY with the Support of PDH and SELL with the Rejection of R.
(or)
If market open as a GAP - UP and moves to DOWN - Side then BUY with the Support of PDH and SELL with the Rejection of PDH.
Possibility 3: GAP-DOWN
If market open as a GAP-DOWN and moves to UP-Side then BUY with the Support of IMP and SELL with the Rejection of IMP.
(or)
If market open as a GAP-DOWN and moves to DOWN-Side then BUY with the Support of PDL and SELL with the Rejection of PDL.
_______________________
Happy Learning and Trading
Rules to fallow...
1) Trade with Strict Stop Loss.
2) Trade with Small Quantity.
3) Take entries based on Support & Resistance Levels.
Please take the trade according to the levels marked, with Risk-Reward.
This is not a Buy or Sell recommendation to anyone.
Take entries after your own analysis.
This is for education purpose and a helping hand to learn trading in market.
NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level.
I hope you all like my analysis. Follow me to get regular updates.
Please do share your thoughts in comment section.
Please Hit a LIKE , it motivates me to do analysis and do share with your trading friends.
SHORT FORM &FULL FORM
-------------------------------
0.5-> 0.5% Swing
PDH-> Previous Day High
PDL-> Previous Day Low
PDC-> Previous Day Close
PDO-> Previous Day Open
PWH-> Previous Week High
PWO-> Previous Week Open
PWC-> Previous Week Close
PWL-> Previous Week Low
D_S-> Day Support
D_R-> Day Resistance
W_S-> Week Support
W_R-> Week Resistance
W_O-> Week Open
W_C-> Week Close
LW_O-> Last Week Open
LW_C-> Last Week Close
IMP -> Important
R@1, R@2,R@3... ->Resistance-Zones
S@1, S@2,S@3... ->Support-Zones
MS -> Major Support
SH -> Swing-High
SL -> Swing-Low
DT -> Double Top
DB -> Double Bottom
TT -> Triple Top
TB -> Triple Bottom
TF -> Time Frame
BO -> Break-Out
RR -> Risk-Reward
SL -> Stop-Loss
GAP -> The area b/w Previous Day Close and Today Open
Blue Color Text(S@*,R@*)-> Act as Major Support or Resistance-Zones(Be Alert, Chances to Market take Reversals )