NSE:NIFTY
Trade Setup for 29-03-2022
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...
NSE:NIFTY
Trade Setup for 02-03-2022
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...
NSE:NIFTY
Observations:
1) On 1day time frame, since last few days it is not able to close above 100EMA. 100EMA is immediate resistance range.
Please refer below chart : 1day Time Frame.
2) On 15 min time frame, we can see that it is trading in range and the range is getting squeeze and making descending triangle pattern. On the other point of view one...
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.
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Trade Setup for 09-02-2022
1) Don't Jump in to trade at the...
NSE:NIFTY
Observations:
1) On 1 day time frame, it closed just above 21DMA.
21DMA is placed at : 17768.74, which means 17770 is immediate support. Above this level it is bullish below this it is slight bearish.
Major support is in range of 17600-17650. Below this range only it will be in bearish bias.
Please refer below chart : 1day Time Frame.
2) On...
NIFTY
For parallel channel, you can refer my previous setup of NIFTY. Link is already provided below.
Trade Setup for 28-01-2022
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...
![NIFTY: Simple Trade Setup | NIFTY | 29-03-2022 [INTRADAY]](https://s3.tradingview.com/8/8jZVxM2v_mid.png "Simple Trade Setup | NIFTY | 29-03-2022 [INTRADAY]")
![NIFTY: Simple Trade Setup | NIFTY | 02-03-2022 [INTRADAY]](https://s3.tradingview.com/7/7hU92qX6_mid.png "Simple Trade Setup | NIFTY | 02-03-2022 [INTRADAY]")
![NIFTY: Simple Trade Setup | NIFTY | 21-02-2022 [INTRADAY]](https://s3.tradingview.com/8/8IxC9exz_mid.png "Simple Trade Setup | NIFTY | 21-02-2022 [INTRADAY]")
![NIFTY: Simple Trade Setup | NIFTY | 09-02-2022 [INTRADAY]](https://s3.tradingview.com/q/qHvUcJ55_mid.png "Simple Trade Setup | NIFTY | 09-02-2022 [INTRADAY]")
![NIFTY: Simple Trade Setup | NIFTY | 03-02-2022 [INTRADAY]](https://s3.tradingview.com/y/yo0mHNCi_mid.png "Simple Trade Setup | NIFTY | 03-02-2022 [INTRADAY]")
![NIFTY: Simple Trade Setup | NIFTY | 28-01-2022 [INTRADAY]](https://s3.tradingview.com/t/tfryu51A_mid.png "Simple Trade Setup | NIFTY | 28-01-2022 [INTRADAY]")