Medium term opportunity in Coromandel for >20% upsideHi,
NSE:COROMANDEL has given a Bullish Flag Breakout on Weekly charts with very good volume.
MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
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Please share your feedback or any queries on the study.
Disclaimer: Please consult your financial advisor before making any investment decision.
Niftytrade
Nifty Intraday Levels | 8-AUG-2024#Optionbuyers
#Niftyoptionscalping
1️⃣ Zones you always Like:-
👉Green zone- Institutional support
👉Red zone - Institutional resistance
👉Gap between institutional zones is always of 100 points
👉Zone is created with the help of pivot points and Fibonacci
👉Advance version of price action
👉Trades based on Nifty future chart
2️⃣ Trade Execution:-
👉Trade based on order flow data
👉Timeframe - 1 min and 5 min
👉Risk Reward Ratio always 1:2
👉Strike price always ATM & slightly ITM
👉Maintain Position sizing according to your own method
3️⃣ House Rules in trading:-
👉Sharp at 9:15 AM
👉Priority to risk management
👉Fast execution (morning breakfast)
👉Stop-loss 10 points (strictly)
#ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌
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✍️COMMENT Below your view !
Nifty Intraday Levels | 1-AUG-2024#Optionbuyers
#Niftyoptionscalping
1️⃣ Zones you always Like:-
👉Green zone- Institutional support
👉Red zone - Institutional resistance
👉Gap between institutional zones is always of 100 points
👉Zone is created with the help of pivot points and Fibonacci
👉Advance version of price action
👉Trades based on Nifty future chart
2️⃣ Trade Execution:-
👉Trade based on order flow data
👉Timeframe - 1 min and 5 min
👉Risk Reward Ratio always 1:2
👉Strike price always ATM & slightly ITM
👉Maintain Position sizing according to your own method
3️⃣ House Rules in trading:-
👉Sharp at 9:15 AM
👉Priority to risk management
👉Fast execution (morning breakfast)
👉Stop-loss 10 points (strictly)
#ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌
🙏FOLLOW for more !
👍LIKE if useful !
✍️COMMENT Below your view !
Bank Nifty Analysis For 22Sept2023 **Market Outlook**
The market has been in a downtrend for the past few days, and is likely to continue to be bearish tomorrow. The Bank-Nifty is expected to open gap-down, with a first resistance at 44600 and a second resistance at 45000. If the BankNifty breaks 44600 and closes a green candle on the 5-minute chart, then traders can go long. However, if the Nifty breaks 44200, then traders can expect further downside movement to 43900 and below.
**Key Support and Resistance Levels**
* Support: 43900, 43600
* Resistance: 44200, 44600, 45000
**OI Data**
The OI data for the market is not very bullish, with only 44500 having good support. On the resistance side, the market has strong resistance at 44800 and 45000.
**Trading Strategy**
Wait for the market to open and then watch the price action. If the Nifty opens a gap-down and breaks 44600, then traders can go long. However, if the Nifty breaks 44200, then traders can expect further downside movement to 43900 and below.
**Disclaimer**
This is just a professional stock market analysis for tomorrow, September 22, 2023. It is not financial advice, and traders should always do their own research before making any investment decisions.
BANK NIFTY FOR 12 SEPT 2023 if you see our Previous levels then you can see our Levels Works, And for Tomorrow for Tomorrow 45700/45800 is our resistance and our levels are the same You can use our levels as support 45400 again support, if again market trends above 45700 then more upside possible but market can retest 45400 wait for retest
Nify 50 Week AS Compare To Bank Nifty NIFTY50 NEED TO TRADE ABOVE 19367 Then We Can Consider a Buying Side Opportunity kindly Wait For the Breakout
Market Need to Trade Above this.
On the Downside if the Market is Again Below 19250 then more Fall Possible
AS Per OI Data Market Has Too much OI In 19200 PE Writer If the Again Market Fall then 19200 Pe Writer will change position
Simple Trade Setup | NIFTY | 18-04-2023 [INTRADAY]NSE:NIFTY
Flip zone: : This zone is such a zone which will work as resistance if price is below it. And it will work as support if price is trading above it.
Resistance zone: This zone will mainly work as resistance. Once price sustain above it then it is considered as breakout.
Support zone: This zone will mainly work as support. Once price sustain below it then it is considered as breakdown.
All other levels between zones are such a level that you can scalp from it , book partial/full profit and also use it as trailing SL.
Good trade setup with good Risk reward will be only if we enter from any of zone.
-------------------------------------
Trade Setup for 18-04-2023
Most of all the levels and zones remains same as per previous.
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Morning Mantra - 16th March 2023Dear All,
As we had mentioned in our Yesterday's Morning Mantra that Nifty is now ready to taste the level of 16800 , the same was accepted by the market itself.
As even after a beautiful gap up opening and a high of 17211.35 , Nifty had once again failed to sustain the level of 17180 .
Well as of now, we will have to keep patience and watch for the level of 16800 as a support.
Currently, Nifty is under pressure and only a good reversal pattern can now reduce it.
So, tighten your seat belt for these 2 crucial days and be stock specific , until any new positive indication.
Regards ,
Alok Daiya
SEBI Registered Research Analyst
Simple Trade Setup | NIFTY | 23-12-2022 [INTRADAY]NSE:NIFTY
Trade Setup for 23-12-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | NIFTY | 13/10/2022 [INTRADAY]NSE:NIFTY
Trade Setup for 13-10-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | NIFTY | 10-10-2022 [INTRADAY]NSE:NIFTY
Giving you some more bigger range of levels.
Trade Setup for 10-10-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
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.
Simple Trade Setup | NIFTY | 05-09-2022 [INTRADAY]NSE:NIFTY
Trade Setup for 05-09-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Nifty view for 08/06/22Nifty after a gap down travelled even below to the level on 16350, filling the gap and retracing back to the support of 16400.
Market has closed below its 20 DMA and on and hourly time frame there is bearish moving averages cross over.
Price is just traveling around the moving averages.
Support:- 16400, 16300
Resistance:- 16480, 16640
Market can remain in red for tomorrow as there is RBI policy.
Wait for the price action before entering the market.
NIFTY- Possible Trade for Today- 27-05-2022After witnessing continuous selling in the forenoon session, the market offered a pleasant surprise when it went past 16100 and closed near to 16200. While the rally was fueled by strong shorts booking their profits and weak ones covering their losses, the move from the days low to the close can be viewed as mildly positive. While Bank Nifty managed to break its recent strong resistance zone, Nifty is still trading below the recent resistance zone of 16360-16400. In the lower time frame we can see price momentum divergence and this could indicate the possibility of a minor downward move. For the day we expect the market to trade between 16360 and 16060. Any breach of the boundary mentioned could see price continuing in the direction of the breached boundary. If rejection candles are found near the levels mentioned one may go long in ATM options targeting a move in the opposite direction.
Possible Upside Levels - 16260/16320/16360
Possible Downside Levels - 16120/16060
Disclaimer:
Center for Research in Financial Markets and Economy (C- FAME) is an initiative of the School of Business & Management at Christ Academy Institute for Advanced Studies, Bengaluru. The views presented here are for educational purposes only. C- FAME or the author does not take any responsibility for the trades initiated based on the view presented here.
Simple Trade Setup | NIFTY | 18-05-2022 [INTRADAY]NSE:NIFTY
Trade Setup for 18-05-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Nifty view for 12/04/22.Nifty is taking support from the support zone 17625-675.
It has closed just near the support zone and 200ema on 15 minute time frame and is taking resistance from 0.382 fib levels.
Support :- 17625, 17500
Resistance:- 17795, 17910
Market has consolidated and can go trending as the expire is also on Wednesday.
Wait for the price action near the levels before enter The market.
Nifty view for next week 04/04/22The market has gained 4% in the month on march.
Nifty has crossed the resistance level of 17500 and has closed at 17670.
Support:- 17800, 18120, 18320
Resistance:- 17500, 17425, 17320
Nifty has a lot of support on a smaller time frame tha will resistance a huge and sudden fall in the markets.
Wait and watch for the price action near the levels before entering the trade.
Nifty view for 01/04/2022Head and shoulder break down in nifty and can crack more if it breaks its 50Ema on 15 minute time frame.
After 3 day, nifty has closed below its 20 EMA on smaller time frame.
Nifty has stretched a lot and can cool down tomorrow.
Support :- 17450, 17406, 17320
Resistance:- 17500, 17590
Wait for the price action near the levels.