Nifty Intraday Trade Setup | 6th NovGift Nifty indicating a gap-up opening for Monday. For Nifty, 19270 is very important level and if Nifty sustains above 19270 we may see more upside towards 19330 and above. On the other side, Nifty has to sustain below 19200 for fresh selling.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 19270
Sell Below - 19200
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Happy Trading!
Niftyintradaytradesetup
Nifty Live Intraday Updates for 03-11-23 !Nifty important levels to watch are as follows
#Support: 19235
Sell below: 19235 only on 15 minute candle closure below the level.
Target 1: 19175
Target 2: 19110
#Resistance: 19265
Buy Above: 19265 only on 15 minute candle closure Above the level.
Target 1: 19300
Target 2: 19345
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our Indicators published on tradingview if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
NIFTY prediction analysis for 3rd NovAs we discussed nifty, it was expiry yesterday and was most of a sideways move. For the new week, it has some resistance to the upside, such as 200 EMA and price-action resistance. Once it breaks to the upside, we will see a significant move to the upside.
Reasons :
NIFTY is showing nice demand near 19000. also 50 EMA support to downside. (Bullish)
Price > EMA(13,50) also crossover successful. (Bullish)
PCR = 0.82 (Mild Bullish)
RSI crossing (40,60) ZONE to upside means entering bullish zone.
Verdict :
Bullish
Plan of action :
Observe the 15 min trend and go with the bullish trend.
#nifty direction and levels for NOV 3"Good morning, friends! As of November 3, the global market sentiment is bullish, as indicated by the Dow Jones. Our local market is also showing a moderate bullish trend. It may open with a long gap-down start because the gift nifty indicates 100+. If it opens with a long gap-up, we can expect a rally continuation when it sustains. On the other hand, if it doesn't sustain after the gap-up and undergoes a minimum 38% Fibonacci correction, we should consider this as a corrective change."
Nifty Intraday Prediction Levels for 3 Nov 2023Nifty Intraday Prediction Levels for 3 Nov 2023
The chart indicates 15 min time frame. These Levels act as Support or Resistance according to price. They are strictly for Intraday Trading only. Execution only after break and close above the Resistance zone or below the Support zone.
Major Resistances- 19200,19260,19300,19365,19400,19440,19490,….
Major Supports-19060,19010,18960,18910,18565,18815,18770,18720,…
These levels act as support and resistance. You have to trade according to level breakout or breakdown. First target is immediate next level. When first target is achieved go for the next one and so on.
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 your Financial Advisor before taking any decision or trade.
NIFTY Intraday Trade Setup For 03 Nov 2023 NIFTY Intraday Trade Setup For 03 Nov 2023
Bullish-Above 19180
Invalid-Below 19130
T- 19286 19405
Bearish-Below 19060
Invalid-Above 19110
T- 18973 18890
NIFTY has closed on a bullish note with 0.76% after 2 back to back red days. This EOD gain is totally contributed by the gap up opening. 10 o'clock range broke downside below 19106 and made a low of 19065, previous swing high was 19130. On 31 Oct EOD we already discussed that 19235-50 is very important hourly swing high for a bullish reversal. While we already discussed that probability of a halt candle this week is also high. Tomorrow above 19180 we can see good continuation of today's sentiment and below 19060 a bearish move.
Coming to Friday's trade setup, if index opens flat and a 15 min candle closes above 19180 then we will long for the target of 19286 and 19405.
For selling we need a 15 Min candle close below 19060. T- 18973 and 18890.
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 2 Nov 2023Nifty Intraday Prediction Levels for 2 Nov 2023
The chart indicates 15 min time frame. These Levels act as Support or Resistance according to price. They are strictly for Intraday Trading only. Execution only after break and close above the Resistance zone or below the Support zone.
Major Resistances- 19020,19045,19065,19080,19110,19155,19210,19250,19300,19350,19400,…
Major Supports-18950,18910,18860,18815,18770,18720,18675,18620,…
These levels act as support and resistance. You have to trade according to level breakout or breakdown. First target is immediate next level. When first target is achieved go for the next one and so on.
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 your Financial Advisor before taking any decision or trade.
Nifty Live Intraday updates for 02-11-2023 !Nifty important levels to watch are as follows
#Support: 19105-19100
Sell below: 19105-19100 only on 15 minute candle closure below the level.
Target 1: 19060
Target 2: 19000
#Resistance: 19165
Buy Above:19165 only on 15 minute candle closure Above the level.
Target 1: 19210
Target 2: 19265
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
#Nifty direction and levels for NOV 2"Good morning, friends! As of November 2, the global market sentiment is bullish, as indicated by the Dow Jones. Our local market is also showing a moderate bearish trend. It may open with a long gap-down start because the Giftnifty indicates 150+. If it opens with a long gap-up, we can expect a rally continuation when it sustains (it should break the minor 78%). On the other hand, after the gap-up, if the market rejects around the minor levels of 61 or 78%, then we can expect a range market correction."
NIFTY 50 FUT | 02 NOV 23AS WE CAN SEE THAT NIFTY HAS TAKEN MINOR REJECTION FROM GOOD UPTREND,
So ACCORDING TO ME THEIR ARE NO SUCH GOOD TARGETS FOR UPSIDE AS IT HAS CREATED SO MANY SUPPLY ZONES<
REMEBER ONE SHOULD FOLLOW THE TREND BUT SHOULDN'T GET BIAS WITH THE DIRECTION.
ADDING MY ANALYSIS LEVELS FOR 2 NOV,23 BELOW FOR NIFTY FUTURES:
LONG PLAN >>>>> 🐂
- 19111 (I WILL WAIT FOR THE 5 MIN CANDLE TO CLOSE ABOVE THIS LEVEL)
- R1: 19155
- R2: 19199
- R3: 19233
SHORT PLAN >>>>> 🐻
- 19020 (I WILL WAIT FOR THE 5 MIN CANDLE TO CLOSE BELOW THIS LEVEL)
- S1: 18977
- S2: 18922
- S3: 18866
PLEASE FOLLOW FOR MORE REGULAR UPDATES.
QUOTE FOR THE DAY :
“The market is a device for transferring money from the impatient to the patient”
– Warren Buffett
📌📌📌📌📌
Disclaimer -
I am not SEBI Registered Research Analyst or Investment Advisor.
All Information provided above are just for Education purpose only .
They are not buy/Sell Recommendations .
Please consult your financial Advisor before taking any trade or investments.
NIFTY Intraday Trade Setup For 02 Nov 2023NIFTY Intraday Trade Setup For 02 Nov 2023
Bullish-Above 19070
Invalid-Below 19020
T- 19173 19280
Bearish-Below 18970
Invalid-Above 19020
T- 18890 18798
NIFTY has closed once again on a bearish note with 0.47% cut today. Sell triggered as per trade setup below 19050 and gave around 70 points however our target was yet to be achieved. Tomorrow once again bearish move will continue below 18790 and it will move towards 18798. For a bullish move it has to sustain above 19070 post pullback. Also yesterday I explained that probability of a halt candle is high this week.
Coming to Thursday's trade setup, if index opens flat and a 15 min candle closes above 19070 then we will long. T- 19173 and 19280.
For selling we need a 15 Min candle close below 18970. T- 18890 and 18798.
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.
Nifty Intraday Prediction Levels for 1 Nov 2023Nifty Intraday Prediction Levels for 1 Nov 2023
The chart indicates 15 min time frame. These Levels act as Support or Resistance according to price. They are strictly for Intraday Trading only. Execution only after break and close above the Resistance zone or below the Support zone.
Major Resistances- 19140,19160,19180,19210,19235,19270,19310,19340,19370,19420,19465,…
Major Supports-19060,19035,19000,18960,18915,18860,18825,18800,…
These levels act as support and resistance. You have to trade according to level breakout or breakdown. First target is immediate next level. When first target is achieved go for the next one and so on.
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 your Financial Advisor before taking any decision or trade.
Nifty Live Intraday Updates for 1-11-23 !!Nifty important levels to watch are as follows
#Support: 19060
Sell below: 19060 only on 15 minute candle closure below the level.
Target 1: 19010
Target 2: 18960
#Resistance: 19100
Buy Above: 19100 only on 15 minute candle closure Above the level.
Target 1: 19145
Target 2: 19200-19230
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea.
=> # Please refer our swing based support and resistance indicator if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
#nifty direction and levels for NOV 1st"Good morning, friends! As of November 1st, there is no significant difference between the last session, and the global market sentiment is moderately bullish, as indicated by the Dow Jones. Our local market is also showing a moderate bullish trend. It may open with a neutral to slightly gap-down start. There is a 5th correctional wave, so if the gap-down sustains, we can expect correction continuation. On the other hand, if a pullback occurs followed by a gap-down, we can anticipate a range market between yesterday's high and the Fibonacci level of 61%."
NIFTY Intraday Trade Setup For 01 Nov 2023NIFTY Intraday Trade Setup For 01 Nov 2023
Bullish- Above 19150
Invalid-Below 19100
T- 19260 19360
Bearish-Below 19050
Invalid-Above 19150
T- 18920 19815
NIFTY has closed on a slight bearish note with 0.32% cut today. It was a 0.382 rejection of the parabolic fall from 19850. Now 19250 will be an important swing in hourly TF for a bullish reversal structure. Probability of a halt candle this week is high where idle range seems to be 19350 and 18850. 19150 and 19050 are important levels for tomorrow's session. 19280 and 18920 are important resistance and support respectively.
Coming to Wednesday's trade setup, if index opens flat and a 15 min candle closes above 19150 then we will long for the target of 19259 and 19360.
For selling we need a 15 Min candle close below 19050. T- 18920 and 18815.
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.
FASP levels for Nifty 01/11/2023The FASP for Nifty is listed for 01-11-2023. 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.