Niftyoptions
Nifty-31/10/2022-LevelsNifty-31/10/2022-Levels
IMPORTENT ZONE FOR THE DAY : 17766 - 17793
Possibilities of Today market open...
Possibility : GAP-UP
Most of the Global markets are closed in green so our markets also open in green with average 170 points in #nifty and 380 points in #banknifty.
If market open as a GAP-UP and moves to UP-Side then BUY with the Support of WRH and SELL with the Rejection of DRH.
(or)
If market open as a GAP-UP and moves to DOWN-Side then BUY with the Support of PDH and SELL with the Rejection of WRH.
NSE:NIFTY Analysis/Prediction for tomorrow 31-10-2022NSE:NIFTY Analysis/Prediction for tomorrow
Note: If market opens with big gap (above 120 points),
try to trade after one hour of watching price action.
If market opens between 17720-17840
🟢 Buy CE Above 17840
✔️ Target Should be 18000, 18100
🔴 Buy PE below 17640
✔️ Target Should be 17520
Important Notes:
🚨 Gap-UP & Gap-Down more than 100 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 60 points wait for a pullback.
⚠️ Wait for the 5-minute candle to close for confirmation.
⚠️ Trade Like Either SL or Target.
⚠️ Important: Always maintain your Risk & Reward Ratio.
Disclaimer:
I am not SEBI Registered Advisor.
My posts are purely for training and educational purposes.
Nifty: Monday - 31/10/22Levels:
Support: 17750, 17720, 17675-17650, 17600
Resistance: 17835, 17875, 17950-75, 18090
OI Data:
Highest OI Call in Nifty per OI data: 17300
Highest OI Put in Nifty per OI data: 17300
Nearest Major Resistance in Nifty per OI data: 17950
Nearest Major Support in Nifty per OI data: 17550
Trade setup:
1. For any buy trade, follow the N pattern (let the price run above the level, let it retrace back to the level and let it hold the level as support)
2. For any sell trade, follow the mirror-N pattern (let the price fall below the level, let it pulls back to the level and unable to pass through the level as resistance).
3. If Nifty closes above ~17825 level (the uptrend line in the chart), 18000+ is surely in card.
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 17850 | 17810 | 17950 | 18000
-----------------------------------------
SELL | < 17730 | 17775 | 17650 | 17600
+++++++++++++++++++++++++++++++++++++++++
Nifty-21/10/2022-LevelsHello Traders, Welcome to SriTrader5121
____________________________________
Nifty-21/10/2022-Levels
IMPORTENT ZONE FOR THE DAY : 17485 - 17523
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 R@1.
(or)
If market open as a FLAT and moves to DOWN-Side then BUY with the Support of ZONE and SELL with the Rejection of ZONE.
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 R@2.
(or)
If market open as a GAP-UP and moves to DOWN-Side then BUY with the Support of PDH and SELL with the Rejection of R@1 or PDH.
Possibility 3: GAP-DOWN
If market open as a GAP-DOWN and moves to UP-Side then BUY with the Support of ZONE 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-19/10/2022-LevelsHello Traders, Welcome to SriTrader5121
____________________________________
Nifty-19/10/2022-Levels
IMPORTENT ZONE FOR THE DAY : 17470 - 17493
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 R@1.
(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 R@1.
(or)
If market open as a GAP-UP and moves to DOWN-Side then BUY with the Support of PDH and SELL with the Rejection of R@1 or PDH.
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 PDL.
(or)
If market open as a GAP-DOWN and moves to DOWN-Side then BUY with the Support of IMP 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 Expiry Trade Setup | 14th OctoberSGX Nifty indicating a gap-up opening near 17260, follow these levels.
Expectations for Today: Trending day.
Intraday Levels:
Buy Above - 17280
Sell Below - 17180
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Intraday Trade Setup | 4th OctoberSGX Nifty indicating a gap-up opening above 17000 levels and expect to see a range bound day.
Expectations for Today: Range-bound day.
Intraday Levels:
Buy Above - 17080
Sell Below - 16860
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty-26/09/2022-LevelsHello Traders,
Welcome to SriTrader5121
Nifty-26/09/2022-Levels
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@3 and SELL with the Rejection of PDL.
Nifty-23/09/2022-LevelsHello Traders,
Welcome to SriTrader5121
Nifty-23/09/2022-Levels
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 S@1.
(or)
If market open as a GAP-UP and moves to DOWN-Side then BUY with the
Support of PDL and SELL with the Rejection of PDL.
NSE:NIFTY Analysis/Prediction for tomorrow 23-09-2022NSE:NIFTY Analysis/Prediction for tomorrow
for Flat/Gap-UP/Gap-Down opening
🟢 Buy CE above 17705
✔️ Target Should be 17780, 17920
🔴 Buy PE below 17540
✔️ Target Should be 17450, 17360
Important Notes:
🚨 Gap-UP & Gap-Down more than 100 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 60 points wait for a pullback.
⚠️ Wait for the 5-minute candle to close for confirmation.
⚠️ Trade Like Either SL or Target.
⚠️ Important: Always maintain your Risk & Reward Ratio.
Disclaimer:
I am not SEBI Registered Advisor.
My posts are purely for training and educational purposes.