Simple Trade Setup | NIFTY | 04-04-2022 [INTRADAY]NSE:NIFTY
Trade Setup for 04-04-2022
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 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.
Niftyintralevels
Simple Trade Setup | NIFTY | 01-04-2022 [INTRADAY]NSE:NIFTY
Observations:
1) 15 min time frame it form kind of head and shoulder pattern. But it is not activated. It will be only activated on sustainable breakdown of 17420 level.
Please refer below chart : 15min Time Frame.
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Most of all the levels and trade setup will remain same as per previous.
Trade Setup for 01-04-2022
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 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.
Simple Trade Setup | NIFTY | 30-03-2022 [INTRADAY]NSE:NIFTY
Please note that this trade setup is considering market opening in range near 17400-420 range as per current global cues/news.
While I am posting this SGXNIFTY is already above 17550+.
If needed will post new trade setup in late night.... stay tuned.
Trade Setup for 30-03-2022
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 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.
Simple Trade Setup | NIFTY | 29-03-2022 [INTRADAY]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 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.
Simple Trade Setup | NIFTY | 23-03-2022 [INTRADAY]NSE:NIFTY
Observations:
1) On 15min time frame, we can see a rounding bottom pattern.
Please refer below chart : 15min Time Frame.
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Trade Setup for 23-03-2022
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 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.
Simple Trade Setup | NIFTY | 22-03-2022 [INTRADAY]NSE:NIFTY
Trade Setup for 22-03-2022
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 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.
Simple Trade Setup | NIFTY | 21-03-2022 [INTRADAY]NSE:NIFTY
Observations:
1) On 1day time frame, we can see it gave breakout of the resistance channel.
Now it is in between 100DMA and 200DMA.
In last trading session it didn't managed to reach 100DMA but sustain above 200DMA with gap up.
200DMA will work as major support 100DMA will be immediate hurdle. If it trades above it then it will work as support.
100DMA is placed at 17380 level range.
200DMA is placed at 16997 level range.
Please refer below chart : 1day Time Frame.
2) On 15min time frame, I have drawng temporary support trend-line and short term support channel.
Please refer below chart : 15min Time Frame.
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Trade Setup for 21-03-2022
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 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.
Simple Trade Setup | NIFTY | 16-03-2022 [INTRADAY]NSE:NIFTY
Trade Setup for 16-03-2022
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 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.
Simple Trade Setup | NIFTY | 15-03-2022 [INTRADAY]NSE:NIFTY
Trade Setup for 15-03-2022
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 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.
Simple Trade Setup | NIFTY | 14-03-2022 [INTRADAY]NSE:NIFTY
b]Trade Setup for 14-03-2022
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 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.
Simple Trade Setup | NIFTY | 09-03-2022 [INTRADAY]NSE:NIFTY
Trade Setup for 09-03-2022
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 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.
Simple Trade Setup | NIFTY | 08-03-2022 [INTRADAY]NSE:NIFTY
Trade Setup for 08-03-2022
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 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.
Simple Trade Setup | NIFTY | 07-03-2022 [INTRADAY]NSE:NIFTY
Observations:
1) On 1day time frame, we can see it is near the major swing range from where it has given good up move in Aug-2021 year.
Range of 16130-16175 will be critical range. below 16130 it will be more bearish and if it takes support from this range then we can see bounce from here.
Please refer below chart : 1day Time Frame.
2) On 15min time frame, we can see resistance channel. to go bullish again it has to trade above this resistance channel.
Till then every bounce up will be sell of from this channel. At this moment, market is sell on rise.
Please refer below chart : 15min Time Frame.
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Trade Setup for 07-03-2022
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 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.
Simple Trade Setup | NIFTY | 04-03-2022 [INTRADAY]NSE:NIFTY
Trade Setup for 04-03-2022
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 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.
Simple Trade Setup | NIFTY | 03-03-2022 [INTRADAY]NSE:NIFTY
Level 16600 is still immediate resistance. Next resistance is at 16800 range. If it gives sustainable breakout of 16800 then we can see short covering which may give 120-150 points up move.
For down side 16500 is immediate support. If it gives sustainable breakdown of it then we can see long unwinding with 100-120 points quick down fall.
Intermediate support is as 16400 and then 16280-16300 is next major support.
Trade Setup for 03-03-2022
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 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.
Nifty Intraday Trade Setup | 25th FebNifty opened with a huge gap-down around 16600 due to Russia Invading Ukraine, Nifty initially tried to hold but due to fear it broke all the supports and made low near to 16200 zones.
Trades we took Today:
> Bought Nifty 16700 PE at 110, it went above our 3rd Target 260 and Traders easily made profit 100% in this Trade
> Bought Nifty 16500 CE at 100, it went above our Last Target 160 and Traders booked profit in this Trade
> Bought Nifty 16500 CE again at 60 which we booked with 25 points loss
Overall, Nifty Option buyers booked great profit.
SGX showing a gap-up opening near 16500, If Nifty sustains above 16500 we may see a follow-upmove.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above - 16500
Sell Below - 16390
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Simple Trade Setup | NIFTY | 02-03-2022 [INTRADAY]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 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.
Simple Trade Setup| NIFTY |28-02-2022[INTRADAY]W.R.T SGX NIFTYNSE:NIFTY
Posting this trade setup on request as SGX nifty is showing 16900+ gap up opening at this moment.
You can also refer my previous trade setup linked in end of this idea.
Trade Setup for 28-02-2022
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 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.
#Nifty-25/02/2022-#ReportHello Traders,
#Nifty-25/02/2022-#Report
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Opened as a Big Gap-Up, at our R@2-Zone. Market was took the support at R@2-Zone. Market was broken R@3-Zone then went to PDH and reversed.
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Simple Trade Setup | NIFTY | 28-02-2022 [INTRADAY]NSE:NIFTY
Observations:
1) On 1day time frame, after today's recovery we can see that it is still below 200DMA.
200DMA will work as resistance at this moment and is placed at 16900 level range.
Please refer below chart : 1day Time Frame.
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Trade Setup for 28-02-2022
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 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.
Simple Trade Setup | NIFTY | 24-02-2022 [INTRADAY]NSE:NIFTY
Trade Setup for 24-02-2022
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 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.
Simple Trade Setup | NIFTY | 21-02-2022 [INTRADAY]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 can also see this pattern with bullish flag and pole pattern.
Please refer below chart : 15min Time Frame.
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Trade Setup for 21-02-2022
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 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.
Simple Trade Setup | NIFTY | 16-02-2022 [INTRADAY]NSE:NIFTY
Observations:
1) On 1day time frame, it bounce from 200DMA which was last major support and closed just below 100EMA.
200DMA is placed at 16811 and 100EMA is placed at 17357 level on 1day time frame.
100DMA is immediate resistance. If it trades above it then we can see further upmove.
Also it again back in the support channel. Middle trendline of this channel will work as resistance as of now and again if it gives breakdown of the bottom trendline of channel then we can see down fall again. Breakout of upper trendline of the channel we can see up move.
I am expecting some trading in this support channel range only for few days.
Please refer below chart : 1day Time Frame.
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Trade Setup for 16-02-2022
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 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.