Nifty Intraday Prediction Levels for 11 Oct 2023Nifty Intraday Prediction Levels for 11 Oct 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- 19710,19724,19750,19790,19840,…
Major Supports- 19670,19650,19630,19600,19580,19550,…
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.
Niftyintradaytradesetup
Nifty Intraday Trade Setup | 11th OctWe may see a minor gap-up or flat opening in Nifty, let it sustain above 19720 to take the buy position.
Expectations: Range-bound Day
Intraday Levels:
Buy Above - 19720
Sell Below - 19680
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
#october11 directions and levels for Nifty"Good morning, friends! As of October 11th, global market sentiment is slightly positive, as indicated by the Dow Jones. However, our market trend is bullish. It may open with a gap-up. After that, if the gap-up sustains, we can expect a rally continuation with minor consolidation. We can expect a correction only if it rejects the major resistance levels. On the other hand, if the gap-up doesn't sustain, we can expect 'sub-wave 4,' which may take a maximum of 23 to 38% Fibonacci correction."
Nifty Intraday Prediction Levels for 10 Oct 2023Nifty Intraday Prediction Levels for 10 Oct 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- 19478,19456,19425,19392,19363,19339,19250,…
Major Supports- 19530,19555,19585,19610,19650,19700,…
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.
#October10 directions and levels for nifty"Good morning, friends! As of October 10, global market sentiment is slightly positive, as indicated by the Dow Jones. However, our market trend moderately bearish. It may open with a gap-up. Afterward, if it rejects the immediate resistance levels, then we can expect a correction to continue with minor pullbacks. On the other hand, if it breaks the resistance with a solid structure, we can anticipate a continuation of the pullback."
Nifty Intraday Trade Setup | 10th OctGift Nifty indicating a gap-up opening and we expect to see more upside in Nifty if sustains above 19600.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 19600
Sell Below - 19560
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
Nifty Important Support and Resistance Level For 11-Oct-2023The Marked area's are major support and resistance level for Banknifty Intraday, also called PAM Areas.
When price come to these area we can expect either reversal or breakout from the given area's.
So planning a good trade will occur only in the marked areas, when price is in middle, we have to wait for the price comes to the marked PAM Areas
NIFTY Intraday Trade Setup For 10 Oct 2023 || Daily AnalysisNIFTY Intraday Trade Setup For 10 Oct 2023
Bullish-Above 19590
Invalid-Below 19540
T- 19693 19800
Bearish-Below 19480
Invalid-Above 19530
T-19368 19270
NIFTY has closed on a bearish note with 0.72% cut , it was contributed by the Mid East issue. In the weekend itself we expected a down move as per 0.382 in hourly TF 0.85% effect in 15 Min TF. 19500 was projected as a strong support. Today 19500 was respected and it bounced till 19588 vigorously. Later it just consolidated between 10 o'clock range and it was untouched. Tomorrow we will be neutral and take action on 19590 and 19480 breakout.
Coming to Tuesday's trade setup, if index opens flat and a 15 min candle closes above 19590 then we will long for the target of 19693 and 19800.
For selling we need a 15 min candle close below 19480. T- 19368 and 19270.
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 9 Oct 2023Nifty Intraday Prediction Levels for 9 Oct 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 Resistance- 19693,19745,19790,…
Major Support- 19618,19583,19548,19500,19485,19452,19390,…
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.
#October09 directions and levels for Nifty"Good morning, friends! As of October 09, global market sentiment is neutral to slightly positive, as indicated by the Dow Jones. However, our market trend remains moderately bullish. It may open with a neutral to slightly negative sentiment based on the Israel-Hamas war. Afterward, if it finds immediate support at the current level, we can expect a range-bound market and a continuation of the pullback. If it breaks this support level, then the correction is likely to continue. The same sentiment applies to the initial market express sharp pullback, but we can expect a rally continuation only if it breaks the previous day's high."
NIFTY Intraday Trade Setup For 09 Oct 2023 || Daily AnalysisNIFTY Intraday Trade Setup For 09 Oct 2023
Bullish-Above 19680
Invalid-Below 19630
T- 19800 19901
Bearish-Below 19600
Invalid-Above 19650
T- 19500 19420
NIFTY has closed on a an absolute flat note this week, just like previous one. It has formed a pinbar candle in weekly TF indicating a bullish momentum. For me this will be confirmed when we get a Bullish price structure in daily TF which will be updated here. Now if you observe since 22 Sep high it is following one pattern which is 0.85% retracement and then a fall.
On Friday it has tested the same level so as per current behaviour we can expect a drop with a confluence of volume profile, initially 50% will be an ideal pullback from bottom. Incase if we break 19680 then this behaviour/pattern will be void. 19800 and 19500 are going to be intraday resistance and support for the next session.
Coming to Monday's trade setup, if index opens flat and a 15 min candle closes above 19680 then we will long for the target of 19800 and 19900 zone.
For selling we need a 15 min candle close below 19600. T- 19500 and 19420.
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 Trade Setup For 09 Oct 2023 || Weekly OutlookNIFTY Intraday Trade Setup For 09 Oct 2023
Bullish-Above 19680
Invalid-Below 19630
T- 19800 19901
Bearish-Below 19600
Invalid-Above 19650
T- 19500 19420
NIFTY has closed on a an absolute flat note this week, just like previous one. It has formed a pinbar candle in weekly TF indicating a bullish momentum. For me this will be confirmed when we get a Bullish price structure in daily TF which will be updated here. Now if you observe since 22 Sep high it is following one pattern which is 0.85% retracement and then a fall.
On Friday it has tested the same level so as per current behaviour we can expect a drop with a confluence of volume profile, initially 50% will be an ideal pullback from bottom. Incase if we break 19680 then this behaviour/pattern will be void. 19800 and 19500 are going to be intraday resistance and support for the next session.
Coming to Monday's trade setup, if index opens flat and a 15 min candle closes above 19680 then we will long for the target of 19800 and 19900 zone.
For selling we need a 15 min candle close below 19600. T- 19500 and 19420.
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 Tradesetup for 06-10-2023Nifty important levels to watch are as follows
#Support: 19520
Sell below: 19520 only on 15 minute candle closure below the level.
Target 1: 19430
Target 2: 19340
#Resistance: 19576
Buy Above: 19576 only on 15 minute candle closure Above the level.
Target 1: 19630
Target 2: 19720
=> # 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.
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=> # 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.
#October6th direction and levels for nifty"Good morning, friends! As of October 6th, we have an RBI monetary policy meeting scheduled for around 10 am. Therefore, the technical structure is not as important, as the markets will largely react to the news. These moves may be very volatile, so it's advisable to approach your positions with caution. However, this represents the current market sentiment.
The global market sentiment is neutral to slightly positive, as indicated by the Dow Jones. In contrast, our market trend is moderately bullish. It may open with a neutral to slightly positive sentiment. If it subsequently breaks the immediate resistance level, we can anticipate a rally continuation. On the other hand, if the gap-up doesn't hold, or if the market opens with a gap-down, we should be prepared for a range-bound market or a correction."
Nifty Intraday Trade Setup | 6th OctToday RBI Policy at 10:00 am, high volatility can be seen. Nifty looks stronger once sustain above 19580 for the upper targets marked on the chart.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 19580
Sell Below - 19490
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
NIFTY Intraday Trade Setup For 06 Oct 2023 | Daily AnalysisNIFTY Intraday Trade Setup For 06 Oct 2023
Bullish-Above 19580
Invalid-Below 19530
T- 19685 19800
Bearish-Below 19515
Invalid-Above 19565
T- 19427 19335
NIFTY has closed on a positive note with 0.56% gain today although it is contributed by gap up. It opened with a big gap up and just went in range of 90 points for the whole day. As per trade setup 10 o'clock range was to be used and the range broke downside below 19508 which hit a sl of 25 points. Then range broke upside ended at cost. Tomorrow 19580 and 19515 are important levels to look for breakout in 15 Min TF. 19427 is going to be a gap support tomorrow.
Coming to Friday's trade setup, if index opens flat and a 15 min candle closes above 19580 then we will long for the target of 19685 and 19800.
For selling we need a 15 Min candle close below 19515. T- 19427 and 19335.
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.