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...
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...
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...
Nifty 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...
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 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...
Hello Traders, #Nifty-25/02/2022-#Report ----------------------------------- 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. I hope you all like my analysis. Follow me to get regular updates. Please do share your thoughts in comment section. Please Hit a LIKE, it...
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. ------------------------------------- Trade Setup for 28-02-2022 1) Don't Jump in to trade at the beginning of...
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...
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 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...
NSE:NIFTY Observations: 1) On 1day time frame, it is near 200DMA now. 200DMA is major support and placed at 16798.73 level range. Also range of 16700-16770 is a last major support range Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for 15-02-2022 1) Don't Jump in to trade at the beginning of the...
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...
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...
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...
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...
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...
NSE:NIFTY Observations: 1) On 1 day time frame, it closed just below 100EMA. Which is placed at 17346.7 And during all the day it was taking resistance from 17400-17410 level range. Range of 17400-410 is now immediate major resistance. 17320 is immediate support. And immdiate support after that is at 17280. And major support range is at 17250-17265....