Nifty Futures Key Trading Levels for 24th Feb 2022 ExpiryNifty Futures Key Trading Levels for 24th Feb 2022 Expiry
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
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Niftyshort
NIFTY TRADE SET UP HELLO FRIENDS,
HERE IS NIFTY ELLIOT WAVE TRADE SET UP FOR TGT 10500 , RECENTLY NIFTY IS IN PULLBACK MODE AND ITS GOES TO 10300 TO 10320 MAX AND THIS IS A SELL ZONE NEAR 10300 LEVEL FOR SHORT NIFTY WITH STOP LOSS OF 10400, IF NIFTY CROSS BELOW 10180 THEN ITS MORE BEARISH AND DOWN SIDE TARGET IS NEAR 10500,
HAPPY TRADING FRIENDS.
Nifty Short I hope you can now see how Nifty represents an excellent low risk profit entry setup allowing you to trade in the market. Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
NIFTY50 INDEX ANALYSIS FOR 18 JAN 22Hi everyone, Nifty50 analysis for 18 jan 22, for tommrow nifty50 index is trading near it`s important support & if goes below 18,120 then targets are 17,900/17,700 (targets identified from harmonic xabcd pattern level 1.618/2.272) if sustain above 18,350 & index can go upto it`s all time high 18,600. NSE:NIFTY
Nifty Forming IRREGULAR FLAT to complete upside Hello Friends I am Back after a week Long Snowy Vacation to Kashmir
In continuation with previous view, I mentioned as a detour it may breach 17241 level and if so we will revisit wave count. It did and now we have rearranged the wave count, However our overall view still remains same that Nifty is expected to give Downside unless it breaks 18604.45
While forming ((X)) in Black in my view its forming a Irregular Flat and expected not to cross prev High of 18604.45.
As long as it stays below this level its High probability of Making one more leg Downside forming ((Y)) in Black, which will also complete correction which started from 19-OCt-21 @ 18604.45
I Will be looking for selling Opportunity in Nifty for short term once it approaches 18200-18399 zone
Stop loss : 18604.45 as once this level it breached it will be making again a bullish sequence. and will rearrange the count for next opportunity.
Overall view in Long-term is Bullish and will again look for Buying opportunity once this correction is complete and wave II Red is formed.
WISH YOU A HAPPY TRADING
DISCLAIMER:
These views mentioned are personal views for academic purpose , incase you want to trade on this please access your risk and consult with your financial advisor.
Nifty important zones for the weekNifty has been seen trading in a range of 16800 - 17600, it once broke the demand zone of 16800 and came till 16400 but only for a day and needed a huge gap down of 130 points to do so, so I'll consider 16800 to be a good support and I believe nifty will be coming to the same zone again if it doesn't close above 17600 from where it can go to 18000 levels.
So these are the zones that seems important to me and i'll be making any long positions after 17600 level confirmation.
I have not seen the OI data for nifty these are just the technical levels
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
Elliott Wave says NIFTY Going for 16369 Nifty is constructing triple three (x,y,z) right now.
Price is about to accomplish sub-wave B of triple three.
Buyers should be ready to exit from their position before the price reaches the nearest lower high at 17639 , which is wave (X) of the correction.
According to wave principle, if the price couldn't sustain above wave X, then the current trend is about to resume.
Currently, nifty's trend is bearish and, wave C can give a downward motion with the following targets:
TP 1: 16909
TP 2: 16690
TP 3: 16449
TP 4: 16369
Note that price can make an excess at the upper band of the channel.
Trade Setups (only for the safe traders):
Traders can enter when the price rejects the wave (X).
If the price breaks the (X) at 17639, it may be a fake-out. Traders can wait for the price to enter into the parallel channel.
Stop-loss can be the nearest high of the excess which will be out of the channel.
T rade Setups (only for the Lion heart traders):
Lion heart traders can enter in sell position when the price makes rejection of wave (X).
After the price rejection, they can initiate a short position below 17600.
Stop-loss can be high of the new lower high.
Stay in touch for the next update of this setup.
Nifty ShortI hope you can now see how Nifty represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Nifty on a monthly expiry - Short or long? Bears in control?Hey Guys!
AS you can see nifty is moving in a downward channel, and is currently at the resistance. From here we can expect the next fall.
The past two days Nifty has been consolidating within a range and is unable to break the range on either side. It tried to break upside multiple times but faced strong resistance, and in the last 30 minutes the bears decisively sent a message that they are still in control.
If Nifty opens Gap down tomorrow, we can expect a huge fall with targets of 16951 and 16774. One can enter on opening with SL around 17333.
However, it is important to trade based on the market movement and not have a pre fixed routine. In the event it opens flat or gap up, depending on the first 15 to 30 minutes, there can be a break out on the upside. this will be the start of a fresh bull run.
Therefore, it is important to see how nifty moves in opening and trade accordingly. For long positions, enter only above 17300 with SL at 17170.
Happy expiry trading. Hope all of you make a lot of money and have a wonderful start to the new year!
*educational purposes only*
Short Signal for NiftyAs we can see, 8 EMA is below 20 EMA, and the price has taken repeated resistance from the 20 EMA. So, a lot of chances are there that Nifty might go down if tomorrow's market closes below today's open.
If you are wondering why there are no gaps on my chart, they are due to a script I recently published. Check it out!
You may take the entry if the market closes below today's open tomorrow, stop-loss to be anywhere near the high of today's candle and target to be above the Weekly Demand Zone, Marked on the char
Have a nice day!!!
Nifty setup for TuesdayOn Monday Nifty open gap down and we have seen strong comeback within 1st hour of trading and closed 82.50 points up.
Near futures Nifty is heading towards 17400.
For Tuesday buy above 17120 for target of 17200 followed by 17270.
On this flip side 17000 is strong support and on Monday we have observed heavy put writing at 17000 level.
For more details and levels you can follow our charts.
NIFTY Intraday Trade Setup For 27 Dec 2021NIFTY Intraday Trade Setup For 27 Dec 2021
Buy-None
Sell-Below 16900
Sl-16940
T-16800 16700
NIFTY is best to short and avoid buying till 17600.
Our best trade will be in short side below Friday's low of 16900.Index is likely to test 16700. However we will plan our buy trade after we get closing above 17200. Instead we will look for shorting near 17200.
In weekly TF next momentum will come below 16400 till 16000.
Don't get Trapped . SELL and Run AWAY . Validity 15 NovemberCan't say much , but market works in cycles and according to my 12 years of trading with Data science as an edge in the financial markets .
I am saying " SELL AND RUN AWAY " .
It always happens with new batch of people they buy equities and nifty at any level in the market and they get trapped . These people block their capital for atleast 2 to 3 yrs . (LOSS BOOK KAR NHI SAKTE KYU KI LOSS BADH CHUKA HAI & AUR KUCH KHAREED NAHI SAKTE KYUNKI SARI CAPITAL LAGA DI)
God Bless You all.
ENTRY 16054
SL 16555
TARGET 15954
Nifty heading to 16600 levelAs per present scenario, Corrective wave (WXY) is underway in the nifty . During corrective wave nifty has given move to the points, which are exact fibonacci retracement point. Like wave (b) of wave W has exactly retraced to 0.618 and the same is with wave X. with such precedent, it is most likely that nifty should touch 16605 which is 1.618 extension of wave w and at the same time sub wave (c) of wave Y will become exactly equal to wave sub (a) of wave Y. If nifty move lower than the 16605, then it can't be a corrective wave and nifty trend will change.
caution : Corrective wave is always contained within parallel line, but nifty have moved out of parallel lines and indicating a impulsive move, then this will be change of trend and the present move would be impulsive, which take it much lower.
Disclaimer : This for education purpose only
nifty technical view being neutralAs per above structure there are two things to note
1)Nifty formaing a bearish h&s pattern
2)nifty given a breakdown
NOW positive things to note is:-
1)Nifty already made 8.4 % correction from Life high areas
2)Nifty is in good uptrend thus a correction not more than 15 % visible anyhow in worst case
in normal case we can still see max 2-3 % (ie 400-550 points) ie upto 16500 areas .
3) In worst Case scenario it may see correction of 5-7 % ie making it 15 % from top
will lead to 15800-15850
NIFTY 50 Shorting strikes !!!🛑 Shorting strikes purely based on india vix volatility index and Standard deviation
- we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle
- Short 17800 CE and Short 17300 PE
🛑 we can observe that market may be stays in between with the range of 17800-17300, only When there's no Volatility .
- if short both side / if we did short strangle
◽if breakout happens at 17750 then we can exit from short CE position and hold short PE until achieve the target of 17800
◽if breakdown happens at 17350 then we can exit from short PE position and hold the short CE until achieve the target of 17250
◽ i hope that it will help a lot ,
do like and follow for more,
have nice day..