NIFTY LONG for Short TermNifty Seems to respect Megaphone Pattern and it will be slight bullist till the resistance area above . The move will be slow hence it can be used as slightly bullish view. Above the target levels there is still a stiff resistance so we can't be heavily Biased bull . Option writing of Puts can be done in this view point and Option Buying of Calls should be avoided .
Ankit Tyagi - Stock Data Science
Niftylong
nifty prediction for the upcoming trading sessionsVolatile start for the week!
Gap up- downward trend in the first half - closing in positive.
Currently, we can see a symmetrical triangle and breakout/down can happen, with the immediate range of 16587 and 16373.
21 and 55ema are also closing in.
Option buyers should stick to buying ATM strikes and should maintain tight SL
Nifty View on Weekly ChartI have shared my view about Nifty. On the bases of our indicator analysis there is a bullish candle closed on weekly chart also get a long signal. so as per our analysis there is also a breakout in last week & nifty is also break lifetime high so my view is bullish and my minimum target is 1:2 or till the long signal appears on chart or my stop loss is below last week candle low if weekly chart is closed below it i will book my stop loss or if signal is disappears i will exit from my trade.
Note : This analysis is only for educational purpose so trade on it with your own risk.
Nifty Analysis - Strong Move in Nifty Hello Everyone,
As expected Nifty gave strong move after breaking out of resistance zone and as updated yesterday the nifty become mega bullish above 16400 & now we can expect move towards 16500 during the intraday so any deep can be a buying opportunity.
Only for Educational Purpose.
Simple Trade Setup | NIFTY | 09-08-2021NSE:NIFTY
Simple Trade Level for NIFTY.
It has support Zone from 16175-16212.
Scenario 1
If it open between 16233-16275 then buy trade can be initiated above 16275 breakout only.
And For sell trade Better take it after breakdown of 16175 level.
Scenario 2
If it open Gap up above 16300 level then better to wait and let it take support from 16300 or 16275 or even lower at 16235 level.
And if it find the support then it will be an entry for quick buy trade towards uppar levels as target. Trade with SL.
If you are experience and aggresive trader, you can also take short trade from breakdown of 16275 level to next below target till 16235 or 16200.
Scenario 3
If it Open Gap down in support range 16175-16200 then wait for the 16233 level to breakout to take buy side trade, but if it faces resitance from 16233 then it will be a short trade entry from 16230.All the below levels will work as target.
But a safe Short side entry in this scenario will be break down of 16175 level.
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Further, if you are experience and knows the price action then levels mentioned on the chart will work as support, resistance, entry and exit level for trade on either side w.r.t price action working near that level on that particular day.
Hope I made it easy to understand the trade setup for NIFTY.
Do comment your doubt or suggestion.
NIFTY | SCENARIO 1 | TARGETS AND LEVELS | 20-07-2021NSE:NIFTY
This is Gap Down Scenario-1 for NIFTY . Level and Target are mentioned on Chart.
Take Long (CE) First Entry in range of 15630-15635 Zone. Target and SL mentioned in the Chart.
Tale long (CE) For the 2nd Entry, the range will be 15700-15710. Target and SL mentioned in the Chart.
Don't hold current week expiry. And don't chase for big upside movement. Book your profit immediately. For the safe side better to trade in next week expiry.
Do let me know in comment if any doubt.
nifty50 tech analysis MON 12julThe market has filled the gap opening that it had made previously and made an even lower move that seems like a shallow pullback. Hence, there are good chances of the market moving up as the market closed with a good rising volume . According to me it will be a good CALL market on Monday and if the market opens gap up wait for it to cover the gap and when it does and touches 15679-80 range it will give an impulsive move. Therefore, There is a reversal towards uptrend coming in the market. Godspeed!
Nifty 50 Option trading analysis for 08th July 20 (Friday)IMPORTANT NOTE: Trade in 5 Min and 15 Min Time frame, the TradingView is not allowing to post in the smaller time frame and I'm not interested to buy premium plan so please trade as per given time frame and level and targets Thanks.
Nifty50 trade analysis and level targets
Don't wait for a big move get profit and exit from the market, fall can befall any time tomorrow so trade as per risk-reward.
TO MANY CALLS WRITTEN
NIFTY50 CALL TRADE ANALYSIS
BUY above 15767 then wait
for targets 1 and 2.
Book Your profit Timely
NIFTY50PUT TRADE ANALYSIS
SELL Below 15725 then wait
for targets 1 and 2.
Book Your profit Timely
Note:
BLACK LINES: Breakout point, If it breaks go for long, and if it breaks go for short.
GREEN LINES: Target and Resistance lines, If if breaks go for long to other green lines.
RED LINES: Target and Support lines, If if breaks go for short to other red lines.
DISCLAIMER:- I Am Not SEBI Registered Analyst or financial adviser.
All Post and Levels Posting Only For learning Purpose. Not Giving Any Recommendations For Trade. I'm Not Responsible For Your Any Kind Of Loss Or Profit. Before trading please consult with your financial advisor.
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