Niftyoptions
FASP levels for Nifty 29/08/2023The FASP for Nifty is listed for 29-08-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: 1 Day
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
FASP levels for Nifty 21/08/2023The FASP for Nifty is listed for 21-08-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: 1 Day
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
Nifty Expiry TradeSetup for 17-08-2023nifty important levels to watch are as follows
#Support: 19360
Sell below: 19360 only on 15 minute candle closure below the level.
Target 1: 19300
Target 2: 19255
Target 3: 19200
#Resistance: 19500
Buy Above: 19500 only on 15 minute candle closure Above the level.
Target 1: 19560
Target 2: 19640
#Demand Zone: 19360-19380 may act as a immediate buying zone, and price may bounce from the region marked in green on the chart.
#Supply Zone: 19475-19490 may act as an immediate selling zone, and price may reject from the region marked in red on the chart.
#Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
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FASP levels for Nifty 17/08/2023The FASP for Nifty is listed for 17-08-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: 1 Day
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
FASP levels for Nifty 16/08/2023The FASP for Nifty is listed for 16-08-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: 1 Day
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
#NIFTY Intraday Support and Resistance Levels -11/08/2023Nifty will be FLAT opening in today's session. After opening nifty start trading above 19560 level and then possible upside rally up to 19680 in today's session. in case nifty trades below 19540 level then the downside target can go up to the 19420 level.
Inverse head & shoulder activated in 1 hour ?Hi All,
I already posted an idea with 15 minutes. I will give reference below.
If we see in 1 hour from 27 Jul this pattern is getting formed and rejected multiple times at upper trendline. If we draw inverse head & shoulder pattern touching with the trendline we can see breakout has happened already today.
If this retests target is previous all time high.
Always trade carefully with proper SL because it’s your hard earned money.
Please note this is just my observation and purely for educational purposes only. Consult with your financial advisor before taking any trade.
Nifty trade Setup for 07-08-2023Nifty important intraday levels to watch for 07-07-2023
#Support: 19485
Short if candle closes below 19485
#resistance: 19550
Long if candle closes above 19550
#Targets on downside after break of support.
Target 1= 19440
Target 2= 19380
#Targets on upside after break of resistance.
Target 1= 19660
Target 2= 19730
Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
Follow us for more such information and educational ideas. Give it a like if you appreciate the idea.
Queries will be answered in comment section.
04 Aug ’23 Post Mortem on Nifty Honeymoon over for the bears?For 2 consecutive days the bears had a good time and now it is over! Today’s price action and the inability of the sellers to push down the prices indicate the bulls are gaining traction. Most analysts would prefer to watch for 1 to 2 more days before changing the bearish bias - I would prefer to change my bias from bearish to neutral right away.
In the recent past too, the dips have been very shallow and short lived. Today we had a gap up opening followed by a ZERO attempt to close the gap. The island formation (encircled in blue) shows how high the grapes have been held high for the BEARS (The taste is sour if you were a short seller).
All hope is not lost, not until the trend line is taken out. That is why it is not advised to go long nor go short. I would prefer to trade with a neutral stance till we get more clarity. Everytime Nifty hits a new ATH, I think the reversal is overdue and will come shortly. But the fall never came, everytime there is a minor correction - the dip buyers come in and rally the markets above the ATHs. Just like me there would be many bears who are eating dust waiting for a crash!
FASP levels for Nifty 04/08/2023The FASP for Nifty is listed for 04-08-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: 1 Day
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
Nifty will break rising channel or support from the channel ?Hope all are doing great.
Here’s my 1D timeframe analysis. As we can see in the chart from 18-Nov-2022 to 5-Apr-2023 around 138 days there was a good falling channel pattern. It broke and achieved 3 times the target.
The next 138 days from the previous breakout is forming beautiful rising channel pattern. As per the pattern nature it might break below to the given support level 19118. Expecting to touch that support level on or before 22-Aug-2023.
I also shared similar analysis for banknifty giving reference below.
Always trade carefully with proper SL because it’s your hard earned money.
Please note this is just my observation and purely for educational purposes only. Consult with your financial advisor before taking any trade.
#nifty"Good morning! As of August 2nd, the global market sentiment is negative (based on Dow Jones only), and the market nature is moderately bearish. Therefore, it might begin with a minor gap-down. Following that, if the market rejects the immediate support, we can expect it to move within a range-bound structure to pullback continuation. This is because there is an ongoing sub-wave two. We can anticipate a correction only if the market breaks the swing bottom."