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Niftyintradaysetup

Simple Trade Setup | NIFTY | 23-02-2023 [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 23-02-2023 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
by Trading_hawk
FASP levels for Nifty 22/02/2023The FASP for Nifty is listed for 22-02-2023. 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.
NSE:NIFTYShort
by SathishChandrasekaran
Nifty daily analysis for 22/02/2023.Nifty has formed another negative candle and closed below the 20 ema. The market took support around 17800 levels. On the hourly time frame, the market tried to trap the bullish trades. It took resistance from the moving average and reversed giving a nice bearish trade. There is a bearish moving averages crossover also. The market remained in a 100 points range and closed flat. There is a lower high lower low formation. If the markets start trading below 17800 levels, bearish trades can be initiated. The market has closed near 38.2% fib levels. It can test the 50% level and reverse. For bullish trades watch for the inclined trend line to break and retest. Support :- 17800, 17735 Resistance :- 17920, 17970-18000 Wait for the price action near the levels before entering the trade.
NSE:NIFTY
by TheMamboMomentum
FASP levels for Nifty 21/02/2023The FASP for Nifty is listed for 21-02-2023. 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.
NSE:NIFTYShort
by SathishChandrasekaran
Nifty daily analysis for 21/02/23.Nifty on the daily time frame has closed below the inclined trend line. If it crosses and starts trading below 17800 levels market has test the recent low. On the hourly time frame, the market has consolidated in the last hour after a fall forming doji. The market is showing bearish sentiments. There is a bearish moving averages cross over, on 15 minutes charts, and the market can retest the trend line before another fall. Enter a bearish trade if there is a negative candle near the resistance level or trend line. Support :- 17800, 17335 Resistance :- 17880, 17940(fib level) Wait for the price action near the price levels before entering the markets.
NSE:NIFTY
by TheMamboMomentum
Nifty weekly analysis for 20/02/23.Nifty on the weekly time frame has formed another doji and took rejection from 50% fibonacci level. The market crossed the 18k levels but couldn't sustain above the levels and closed near 17950 levels. The market has closed above the 20 ema on weekly charts and it taking support form an inclined trend line. The market has retested the daily 20 ema and formed a doji after taking support from the moving average. On the hourly charts, the market took support from the 200 ema and closed between both the moving averages. The market is trading in small range and no clear trend is there. If the market starts trading below 20 DMA, it will come to test the 200 Dma. Support :- 17880, 17800 Resistance :- 17975, 18120 Bearish trades can be initiated once the start trading below 17800 levels. Wait for the price action near the levels before entering the markets.
NSE:NIFTY
by TheMamboMomentum
FASP levels for Nifty 17/02/2023The FASP for Nifty is listed for 17-02-2023. 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.
NSE:NIFTYShort
by SathishChandrasekaran