Nifty opened with a Gap-up, we saw some selling in the morning Nifty came down near 17430. We saw a great upmove after RBI Policy and Nifty made high around 17640. Trades we took Today: > Bought Nifty 17300 CE at 195 which we booked with 15 points loss > Bought Nifty 17650 PE at 180, it made high at above our 2nd Target 212 and Traders booked profit > Bought...
NIFTY Intraday Trade Setup For 14 Feb 2022 Buy-Above 17400 Sl-17350 T-17450 17550 Sell-Below 17300 Sl-17350 T-17250 17120 NIFTY is trading is broader range in the hourly TF. 17000 and 17800 is the hourly range. Till this range is shifted we will see moves like this only. One day up, next day down. As Index is sideways in weekly, daily and hourly TF. Friday's...
NSE:NIFTY Trade Setup for 11-02-2022 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...
Nifty opened with a Gap-down above our Buy Level 17300 and we saw an upmove towards 17430 zones. After consolidating in 60-70 points range Nifty gave a breakout and closed near day high. Trades we took Today: > Bought Nifty 17500 PE Feb Month at 280, it made high at above our 1st Target 300 and Traders booked profit > Bought Nifty 17500 PE Feb Month again at...
NIFTY Intraday Trade Setup For 11 Feb 2022 Buy-Above 17650 Sl-17610 T-17715 17800 Sell-Below 17550 Sl-17580 T-17500 17440 NIFTY has closed in a positive note. However it opened with a decent gap up. We planned to wait till 10 o'clock in case of gap up. There was RBI conference also. After 10 o'clock our buy level was triggered. It was was a bit fast and...
NSE:NIFTY Observations: 1) On 1day time frame, it took support from 100EMA and closed just above 50DMA. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for 09-02-2022 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...
Nifty opened with a Gap-down, we saw rejection around 17300 zones and Nifty made a low at 17074. For day low, Nifty showed a great recovery of almost 200 points. Trades we took Today: > Bought Nifty 17100 CE at 225 which we booked with 20 points loss > Bought Nifty 17350 PE at 175, it made high at above our Last Target 218 and Traders booked great profit >...
NIFTY Intraday Trade Setup For 10 Feb 2022 Buy-Above 17480 Sl-17450 T-17530 17570 Sell- Below 17430 Sl-17460 T-17380 17340 17300 NIFTY has just consolidated in today's trading session. No major move was seen. This momentum drop was expected after a decent gap up. Our plan was to buy above the dragonfly 's high. But index opened with a big gap up. However index...
NSE:NIFTY Most of all the trade setup and levels remains same as per previous. Observations: 1) On 15 min time frame, we can see inverse head and shoulder patter. If it activate then we can see up move. Please refer below chart : 15 min Time Frame. ------------------------------------- Trade Setup for 09-02-2022 1) Don't Jump in to trade at the...
Nifty opened with a minor Gap-down, we saw selling since morning and Nifty kept forming lower lows throughout the day. Trades we took Today: > Bought Nifty 17500 PE Feb Expiry at 280, it made a high above our Last Target 355 and Traders booked great profit > Bought Nifty 17600 PE at 240, it made high at above our Last Target 284 and Traders booked great...
NIFTY Intraday Trade Setup For 09 Feb 2022 Buy-Above 17310 Sl-17260 T-17380 17460 17500 Sell-Below 17120 Sl-17160 T-17000 16900 NIFTY has formed a hammer or kind of dragonfly doji. The current fall may subside here for some time. Action will be seen above 17310. We planned to sell below 17110. We got around 60 points profit. However There was a trendline...
NSE:NIFTY Observations: 1) On 1 day time frame, if you remember this support channel from my previous trade setups then we can see that now it is back in this support channel and closed around the middle trendline of this channel. Also if you apply 100EMA on 1 day time frame, then it closed decisively below it. 100EMA is placed at 17363.23 level. Please...
NIFTY Intraday Trade Setup For 08 Feb 2022 Buy-Above 17335 Sl-17295 T-17400 17450 Sell-Below 17110 Sl-17160 T-17000 16910 NIFTY was all total trending. Below our sell level 17460. Index hit a low of 17120. Our target was 17300. This fall was triggered mainly dues to HDFC & BAJAJ twins. Market is sell on rise. Avoid trading buy trades with breakout setups....
Nifty opened with a minor Gap-up around 17580, faced resistance near 17620 and we again saw selling towards 17460 zones. Trades we took Today: > Bought Nifty 17700 PE at 250, it made a high above our 3rd Target 290 and Traders booked great profit > Bought Nifty 17500 CE at 210, added more at 195 and booked around 220, Traders booked profit > Bought Nifty 17650...
NSE:NIFTY Trade Setup for 07-02-2022 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...
Nifty opened with a minor Gap-down around 17775, we saw a big rejection near to 17800 zones and there was selling in Nifty since open. Trades we took Today: > Bought Nifty 17550 CE at 173 which we booked with 18 points loss > Bought Nifty 17700 PE Feb Expiry at 275 which made a high above our first Target 300 and Traders booked great profit > Bought Nifty 17500...
NIFTY Intraday Trade Setup For 07 Feb 2022 Buy-Above 17580 Sl-17540 T-17670 17745 Sell-Below 17460 Sl-17500 T-17375 17310 NIFTY has just consolidated on Friday's trading session. NIFTY was stronger than BANKNIFTY. Seeing 15 Min candles , we can clearly see buying activity happening. There are lower wick rejection candles being formed at 17500 level. Bulls are...
NSE:NIFTY Observations: 1) On 1 day time frame, it face resistance from 21DMA and closed below 100DMA. Now next support is at 50DMA. Please refer below chart : 1day Time Frame. 2) If you remember support channel, then we can see it closed almsot just at the upper trendline of channel. Please refer below chart : 1day Time Frame. ...