Nifty-11/04/2023-LevelsHello Traders, Welcome to SriTrader5121
____________________________________
Nifty-11/04/2023-Levels
IMPORTENT ZONE FOR THE DAY : 17640 - 17649
Possibilities of Today market open...
Possibility 1: FLAT
If market open as a FLAT and moves to UP-SIDE then BUY with the Support of IMP and SELL with the Rejection of IMP.
(or)
If market open as a FLAT and moves to DOWN-Side then BUY with the Support of PDL and SELL with the Rejection of PDL.
Possibility 2: GAP-UP
If market open as a GAP - UP and moves to UP - Side then BUY with the Support of PDH and SELL with the Rejection of PDH.
(or)
If market open as a GAP - UP and moves to DOWN - Side then BUY with the Support of IMP and SELL with the Rejection of IMP.
Possibility 3: GAP-DOWN
If market open as a GAP-DOWN and moves to UP-Side then BUY with the Support of PDL and SELL with the Rejection of PDL.
(or)
If market open as a GAP-DOWN and moves to DOWN-Side then BUY with the Support of S and SELL with the Rejection of S.
_______________________
Happy Learning and Trading
Rules to fallow...
1) Trade with Strict Stop Loss.
2) Trade with Small Quantity.
3) Take entries based on Support & Resistance Levels.
Please take the trade according to the levels marked, with Risk-Reward.
This is not a Buy or Sell recommendation to anyone.
Take entries after your own analysis.
This is for education purpose and a helping hand to learn trading in market.
NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level.
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 motivates me to do analysis and do share with your trading friends.
SHORT FORM &FULL FORM
-------------------------------
0.5-> 0.5% Swing
PDH-> Previous Day High
PDL-> Previous Day Low
PDC-> Previous Day Close
PDO-> Previous Day Open
PWH-> Previous Week High
PWO-> Previous Week Open
PWC-> Previous Week Close
PWL-> Previous Week Low
D_S-> Day Support
D_R-> Day Resistance
W_S-> Week Support
W_R-> Week Resistance
W_O-> Week Open
W_C-> Week Close
LW_O-> Last Week Open
LW_C-> Last Week Close
IMP -> Important
R@1, R@2,R@3... ->Resistance-Zones
S@1, S@2,S@3... ->Support-Zones
MS -> Major Support
SH -> Swing-High
SL -> Swing-Low
DT -> Double Top
DB -> Double Bottom
TT -> Triple Top
TB -> Triple Bottom
TF -> Time Frame
BO -> Break-Out
RR -> Risk-Reward
SL -> Stop-Loss
GAP -> The area b/w Previous Day Close and Today Open
Blue Color Text(S@*,R@*)-> Act as Major Support or Resistance-Zones(Be Alert, Chances to Market take Reversals )
Niftyoptions
Nifty-10/04/2023-LevelsHello Traders, Welcome to SriTrader5121
____________________________________
Nifty-10/04/2023-Levels
IMPORTENT ZONE FOR THE DAY : 17556 - 17567
Possibilities of Today market open...
Possibility 1: FLAT
If market open as a FLAT and moves to UP-SIDE then BUY with the Support of PDH and SELL with the Rejection of PDH.
(or)
If market open as a FLAT and moves to DOWN-Side then BUY with the Support of IMP and SELL with the Rejection of PDL.
Possibility 2: GAP-UP
If market open as a GAP - UP and moves to UP - Side then BUY with the Support of PDH and SELL with the Rejection of H-R.
(or)
If market open as a GAP - UP and moves to DOWN - Side then BUY with the Support of IMP and SELL with the Rejection of IMP.
Possibility 3: GAP-DOWN
If market open as a GAP-DOWN and moves to UP-Side then BUY with the Support of IMP and SELL with the Rejection of IMP.
(or)
If market open as a GAP-DOWN and moves to DOWN-Side then BUY with the Support of PDL and SELL with the Rejection of PDL.
_______________________
Happy Learning and Trading
Rules to fallow...
1) Trade with Strict Stop Loss.
2) Trade with Small Quantity.
3) Take entries based on Support & Resistance Levels.
Please take the trade according to the levels marked, with Risk-Reward.
This is not a Buy or Sell recommendation to anyone.
Take entries after your own analysis.
This is for education purpose and a helping hand to learn trading in market.
NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level.
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 motivates me to do analysis and do share with your trading friends.
SHORT FORM &FULL FORM
-------------------------------
0.5-> 0.5% Swing
PDH-> Previous Day High
PDL-> Previous Day Low
PDC-> Previous Day Close
PDO-> Previous Day Open
PWH-> Previous Week High
PWO-> Previous Week Open
PWC-> Previous Week Close
PWL-> Previous Week Low
D_S-> Day Support
D_R-> Day Resistance
W_S-> Week Support
W_R-> Week Resistance
W_O-> Week Open
W_C-> Week Close
LW_O-> Last Week Open
LW_C-> Last Week Close
IMP -> Important
R@1, R@2,R@3... ->Resistance-Zones
S@1, S@2,S@3... ->Support-Zones
MS -> Major Support
SH -> Swing-High
SL -> Swing-Low
DT -> Double Top
DB -> Double Bottom
TT -> Triple Top
TB -> Triple Bottom
TF -> Time Frame
BO -> Break-Out
RR -> Risk-Reward
SL -> Stop-Loss
GAP -> The area b/w Previous Day Close and Today Open
Blue Color Text(S@*,R@*)-> Act as Major Support or Resistance-Zones(Be Alert, Chances to Market take Reversals )
Weekly Expiry - Nifty 50 - Trading Strategy 06 APR 2023
Nifty 50 broke the Resistance of 17500 and headed towards 17600. If Nifty continues to sustain over 17500 then the index will move from Negative to Neutral Bias. It has to cross 18000 to look positive. Resistance and support can be observed tomorrow at the following levels:
RESISTANCE
R3: 17790
R2: 17677
R1: 17613
SUPPORT
S1: 17500
S2: 17406
S3: 17342
TRADING STRATEGY for 06 APR 2023 - NIFTY 50:
Buy above 17570 - Take ITM 17550CE position and TGT 17640 SL 17530
Sell below 17500 - Take ITM 17550PE position and TGT 17450 SL 17550
Things to account for 06 APR 2023:
1. As explained in the previous post, tomorrow is the Repo rate announcement by RBI. The expectation is 25 basis point increase.
2. Weekly expiry
3. Friday being a holiday (Good Friday) carry forward position preferably if you are into option selling/hedging strategies (to benefit from Theta over holiday followed by weekends).
Trading is risky, and it is advised to consult a financial advisor prior to trading. These are purely my opinion based on my trading experience and exercise caution while trading. Many of these strategies are subject to adjustments as per market movements as markets are dynamic and change due to several factors.
If you require the financial advisor to assist you with investing or trading needs, please use the comments section.
HAPPY TRADING!!!
Nifty-05/04/2023-#EOD-ReportHello Traders,
+++++++++++
#Nifty-05/04/2023-#EOD-Report
--------------------------------------------------
#Nifty Opened as a Gap-Up, above PDH. Market was took the support of PDH then went to R-Level and filled the GAP.
-> 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, and do SHARE with your trading friends.
Nifty Uptrend movement potential upto 17700 in 15 min timeframe.Nifty Uptrend movement potential upto 17700 in 15 min timeframe.
Time frame:Day chart
In higher time frame, Nifty is on downtrend movement.
Check the moving average and Macd Indicator, Moving average 20 is below moving average 40 and MACD, the value is below zero. So, Nifty indicates downtrend movement in higher time frame.
Time frame :15 minutes
In 15 minutes ,the value of the Nifty breaks out of the parallel channel and is going up Trend up to 17700.
Check the MA & MACD. THe value f MAC is above zero.Moving average 6 is above MA 20 && MA 20 is above MA40.So, this indicates Uptrend Movement in a lower time frame.
Hope our analysis is adding value to your TRADING JOURNEY.
NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Nifty-05/04/2023-LevelsHello Traders, Welcome to SriTrader5121
____________________________________
Nifty-05/04/2023-Levels
IMPORTENT ZONE FOR THE DAY : 17311 - 17355
Possibilities of Today market open...
GAP-DOWN
If market open as a GAP-DOWN and moves to UP-Side then BUY with the Support of PDH and SELL with the Rejection of PDH.
(or)
If market open as a GAP-DOWN and moves to DOWN-Side then BUY with the Support of PDL and SELL with the Rejection of PDL.
_______________________
Happy Learning and Trading
Rules to fallow...
1) Trade with Strict Stop Loss.
2) Trade with Small Quantity.
3) Take entries based on Support & Resistance Levels.
Please take the trade according to the levels marked, with Risk-Reward.
This is not a Buy or Sell recommendation to anyone.
Take entries after your own analysis.
This is for education purpose and a helping hand to learn trading in market.
NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level.
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 motivates me to do analysis and do share with your trading friends.
SHORT FORM &FULL FORM
-------------------------------
0.5-> 0.5% Swing
PDH-> Previous Day High
PDL-> Previous Day Low
PDC-> Previous Day Close
PDO-> Previous Day Open
PWH-> Previous Week High
PWO-> Previous Week Open
PWC-> Previous Week Close
PWL-> Previous Week Low
D_S-> Day Support
D_R-> Day Resistance
W_S-> Week Support
W_R-> Week Resistance
W_O-> Week Open
W_C-> Week Close
LW_O-> Last Week Open
LW_C-> Last Week Close
IMP -> Important
R@1, R@2,R@3... ->Resistance-Zones
S@1, S@2,S@3... ->Support-Zones
MS -> Major Support
SH -> Swing-High
SL -> Swing-Low
DT -> Double Top
DB -> Double Bottom
TT -> Triple Top
TB -> Triple Bottom
TF -> Time Frame
BO -> Break-Out
RR -> Risk-Reward
SL -> Stop-Loss
GAP -> The area b/w Previous Day Close and Today Open
Blue Color Text(S@*,R@*)-> Act as Major Support or Resistance-Zones(Be Alert, Chances to Market take Reversals )
#NIFTY - POSITIONAL VIEWThe Nifty index is expected to find support in the range of 16900-16950 and subsequently rebound, generating upward momentum. In the event that the price falls within the specified range and a 15-minute candle closes above the level of 16950, a bullish trend towards the target level of 17180 is anticipated. However, to manage the risk of potential losses, a stoploss level of 16820 is recommended.
In summary, the analysis suggests that there is a potential opportunity for traders to enter into a bullish position on the Nifty index, but this should be done with careful consideration of the specified support and resistance levels and the associated risk management strategies.
NIFTY, March 14, 2023NSE:NIFTY
17300 act as resistance, wait for breakout if breakout confirm then our target is 17500-17600
17100 can act as support level consider shorting below this level, next support is on 17000-16950.
Happy trading :)
Rana Sandeep Singh
Analyst, Trader, Investor
Detailed daily index analysis at
in.tradingview.com/u/starkwelt/
FASP levels for Nifty 08/03/2023The FASP for Nifty is listed for 08-03-2023 . 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, March 6, 2023NSE:NIFTY
17600 act as resistance, wait for breakout if breakout confirm then our target is 17750-17800.
17450 can act as support level consider shorting below this level, next support is on 17300.
FIIs activity : 03 Mar (Friday)
Calls bought and Puts sold in Huge Quantity
FIIs Index Future +₹3,938.3 Cr buying
SGX Nifty: positive closed
Dowjones: Positive closed
Happy trading :)
Rana Sandeep Singh
Analyst, Trader, Investor
Detailed daily index analysis at
in.tradingview.com
Nifty Intraday Trade Setup | 3rd MarExpectations: Volatile movement
SGX Indicating a gap-up opening, adjusted the levels as per gap-up opening.
Intraday Levels:
Buy Above - 17430
Sell Below - 17380
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
#Nifty"Trading day, March 2nd: The global market is indicating a negative start. Its structure is moderately bullish, but it may open with a gap-down. If the initial market experiences a pullback of around 38%, we can expect a continuation of the pullback with minor consolidation. On the other hand, if the initial market experiences a sharp decline, we can expect a correctional wave that may reach a minimum of 61% to 78%."