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Niftytradesetup

NIFTY50: INSTITUTIONAL LEVELS FOR 09/12/2024Overview This trading system combines simplicity with powerful insights for accurate entries and exits. It is structured for active traders using the 5-minute timeframe who want to make clear, confident trading decisions in fast-moving markets. Key Strategy Guidelines Retest Entries : Aim to enter trades on retests rather than breakouts, offering better positioning. Multiple Confirmations : Use more than one confirmation to validate each trade, helping avoid impulsive decisions. ATM Options Focus : Stick to at-the-money (ATM) options or above for optimal liquidity and manageable risk. System Explanation This setup leverages volume, historical price action, and price ranges to pinpoint high-probability entry and exit points. This methodology is designed to reduce guesswork, allowing traders to manage trades with a consistent approach. How It Works: Entry/Exit Signals Blue Line : Signals potential long entry. Red Line : Indicates potential short entry. Tip : Align these signals with additional confirmations from your trading strategy for optimal performance. Stop Loss and Take Profit Levels Stop Loss: Long Trades : Set your stop loss at the nearest red line below the entry point, or adjust based on whether the 5-minute candle crosses the red line. Short Trades : Use the blue line above as the stop loss. Take Profit: Long Entries :Target the next red line above or exit if other indicators suggest a prudent exit. Short Entries :Target the next blue line below following similar guidelines. Timeframe Recommendation This system is specifically optimized for the 5-minute timeframe, making it suitable for those trading shorter intervals with precision. Risk Disclaimer Trading involves high risk, and rapid price changes can lead to unexpected losses. Only trade with capital you can afford to lose, and carefully assess your financial situation and risk tolerance. Join the Community Discussion Engage with other traders to discuss strategies, share insights, and enhance your understanding of the markets. Let’s grow together as a community of traders. Original Content This trading system is the product of my own expertise and rigorous testing. It’s a unique approach developed through real market experience to offer a clear edge in trading.
NSE:NIFTY
by tony_fx_sm
NIFTY Intraday Trade Setup For 9 Dec 2024NIFTY Intraday Trade Setup For 9 Dec 2024 Bullish-Above 24860 Invalid-Below 24810 T- 25150 Bearish-Below 24490 Invalid-Above 24540 T- 24250 NIFTY has closed on a bullish note with 2.27% gain last week. It has changed price structure to bullish above 24400. Now it is likely to be a buy on dip market till it trades above 50 EMA in daily TF. Next hourly resistance is placed near 25250 above that post rejection it may hit ATH again. 24860 and 24490 is the range to wait for breakout for a directional move. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 24860 then we will long for the target of 25150. For selling we need a 15 Min candle close below 24490. T- 24250. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:NIFTY
by Omahto
#nifty50 - 9th December!!NSE:NIFTY Understand the chart, observe the chart, implement according to this : 1. Support and Resistance Zones: - Imagine "support" as a safety net—if the price falls, it’s likely to bounce back up from these levels (like 24,373.90). - "Resistance" is like a ceiling—when the price rises, it may struggle to break through higher levels (like 24,857.75 or 25,101.45). 2. Trendlines: - The black diagonal lines are like train tracks guiding the price upward. As long as the price stays between these tracks, the upward journey is likely to continue. 3. Key Areas (Orange Zones): - The orange areas are hotspots where buyers and sellers fight the hardest. If the price enters these zones, it might pause or reverse. 4. What’s Happening Now?: - The price recently hit a high near 24,857.75 (a ceiling) and is now hanging around a lower level, testing its "safety net" around 24,648.10. - It’s like climbing stairs—if the price breaks through the next step (resistance), it could climb higher. But if it slips below the safety net, it might fall to the next step down. 5. What’s Next?: - If the price climbs above 24,857.75, we might see it reach new highs like 24,949.10 or even 25,101.45. - But if it falls below the support, it might drop to the next level around 24,373.90 or lower. In short, this chart tells a story of a market in an upward trend, but it’s at a critical point where the next move could be either up or down. Not a SEBI Registere [/b ]
NSE:NIFTY
by thetradeforecast
1
Nifty Week AheadNSE:NIFTY looks Bullish after 100 DSMA is breached. Support and Resistance have been Marked. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT Below your views. Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback. Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:NIFTYLong
by Karanshah137
NIFTY50: INSTITUTIONAL LEVELS FOR 06/12/2024Overview This trading system combines simplicity with powerful insights for accurate entries and exits. It is structured for active traders using the 5-minute timeframe who want to make clear, confident trading decisions in fast-moving markets. Key Strategy Guidelines Retest Entries : Aim to enter trades on retests rather than breakouts, offering better positioning. Multiple Confirmations : Use more than one confirmation to validate each trade, helping avoid impulsive decisions. ATM Options Focus : Stick to at-the-money (ATM) options or above for optimal liquidity and manageable risk. System Explanation This setup leverages volume, historical price action, and price ranges to pinpoint high-probability entry and exit points. This methodology is designed to reduce guesswork, allowing traders to manage trades with a consistent approach. How It Works: Entry/Exit Signals Blue Line : Signals potential long entry. Red Line : Indicates potential short entry. Tip : Align these signals with additional confirmations from your trading strategy for optimal performance. Stop Loss and Take Profit Levels Stop Loss: Long Trades : Set your stop loss at the nearest red line below the entry point, or adjust based on whether the 5-minute candle crosses the red line. Short Trades : Use the blue line above as the stop loss. Take Profit: Long Entries :Target the next red line above or exit if other indicators suggest a prudent exit. Short Entries :Target the next blue line below following similar guidelines. Timeframe Recommendation This system is specifically optimized for the 5-minute timeframe, making it suitable for those trading shorter intervals with precision. Risk Disclaimer Trading involves high risk, and rapid price changes can lead to unexpected losses. Only trade with capital you can afford to lose, and carefully assess your financial situation and risk tolerance. Join the Community Discussion Engage with other traders to discuss strategies, share insights, and enhance your understanding of the markets. Let’s grow together as a community of traders. Original Content This trading system is the product of my own expertise and rigorous testing. It’s a unique approach developed through real market experience to offer a clear edge in trading.
NSE:NIFTY
by tony_fx_sm
#Nifty directions and levels for December 6th.Good morning, friends! 🌞 Here are the market directions and levels for December 6th. Market Overview: The global market is maintaining a bullish sentiment (based on the Dow Jones only), while our local market also exhibits a bullish sentiment. Today, the market may open with a neutral to slightly gap-up start, as the Gift Nifty is showing a positive 30 points at 8:00 AM. In the previous session, both Nifty and Bank Nifty had significant movements but ended positively. What about today? Currently, we are in a positive bias; therefore, if this continues, we can expect a diagonal pattern, which means the market may go up, but not in a straight line. On the other hand, if the market starts negatively, the previous day's range will likely continue. This is the basic structure, which I will explain in the chart. Both Nifty and Bank Nifty have similar sentiments. Nifty Current View: The current view suggests that if the market experiences an initial pullback, it could reject each and every resistance level, indicating that it may form a diagonal pattern. This is a time adjustment and distribution pattern; therefore, once the pattern breaks below the trend line, we can expect a reversal. This is the basic structure. Alternate View: The alternate view suggests that if the market initially declines, it could reach a minimum of 24,481 to 24,416, which is a major support level. Until this support is broken, the market will maintain a bullish bias. If it breaks this level, we can expect a correction.
NSE:NIFTY
by Manickamtraders
1
5th Dec 2024 Crazy stoploss hunting & Injections - Nifty50Nifty Stance Bullish ⬆ This week Nifty is up 577pts ~ 2.4% which means our stance has changed from neutral to bullish. The price actions on Monday, Tuesday and Wednesday were well received and there was sanity in the markets. What happened on the 5th, Thursday is sure to give you shivers. We saw a 560pts ~ 2.31% intraday rally from LOD to HOD and then a fall of 362pts ~ 1.46% back to the 24500 levels. To put that in perspective, 24600 was the expected closing levels for Today's expiry as per the OI chart, so the violent upmove would have created a lot of MTM loss pressure for the institutions. My guess is that they had to manipulate and bring back the markets below 24600 after 14.30 so they could square off their positions in profits. Anyway, today's volatility is a massive learning experience for all option traders. Chances are, their stop losses would have gone off both ways, first on the long side and then on the short side. The only people who might have escaped would be the hedged traders - either a debit/credit spread or a iron condor/fly. The worst nightmare would have been for long/short naked positions. If we fall below 24525, I will change my stance back to neutral-until then, I will stick with a long bias. The MPC meeting on the 6th will definitely have an impact, as it is a make-or-break event for Mr. Shaktikanta Das.
NSE:NIFTYLong
by viswaram
Nifty Intraday Trade Setup | 6th DecemberNifty opened with a gap-up and faced rejection near our buy level 24540 in morning, broke sell level 24410 and gave good downfall towards 24295. Both targets were done for sell trade. After consolidation at lower levels, Nifty gave a sharp up-move and gave 500 points rally from lower levels, made a high at 24857. From day high we again saw 300 points fall in just few mins, today was highly volatile session because of RBI Policy meeting decision tomorrow. For tomorrow the range the big, trade very cautiously and be alert at higher levels in Nifty. We will look for the sell on rise opportunity. Expectations: Highly Volatile movement. Intraday Levels: Buy Above - 24850 Sell Below - 24550 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
NSE:NIFTY
by InvestPro_India
1
NIFTY OUTLOOK....Ready For All Time High Again ?NSE:NIFTY Current Market Price 24700 Below chart was made on 21/11/2024 regarding BOTTOMING OUT of NSE:NIFTY from correction phase of more than 3000 points from All Time High (-11.47% from ATH) ! Before that on 20/09/2024 when NSE:NIFTY was continuously making Life Highs we stated that it will be TOPPED near 26200 levels, And from there we saw a decent and healthy correction of more than 10%.... ================================================================ ALL UPDATED CHART OF NSE:NIFTY FROM TOP TO BOTTOM CHART 1 CHART 2 ================================================================ Beautiful Rally Captured both the sides in NSE:NIFTY !!💕💕 26200-------->23265+ (2935+ points) 23265-------->24850+(1585+ points) ================================================================ CURRENT SCENARIO of NSE:NIFTY LTP 24700 Any dip till 24000 can be bought with a Weekly Closing Basis Stoploss of 23743 Targets🎯24905 / 25025 / 25111 / 25275 / 25490 / 25800++++ Will revisit the situation when all mentioned targets will be achieved !! ================================================================ Thanks ! Harm⭕nics4Life 05/12/2024 Disclaimer. I am not sebi registered analyst. My studies shared here are for educational purposes .. Do Consult Your Financial advisor Before Taking any Trade.
NSE:NIFTYLong
by Harmonics4Life
Nifty Trading Strategy for 5th December 2024Trading Strategy for Nifty: Buy Strategy: Entry Point: Enter a long position (buy) above the high of the candle that closes above 24585 on a 15-minute timeframe. This means if a 15-minute candle closes above 24585, you will buy once the price exceeds the high of that candle. Stop Loss: Set a stop loss slightly below the low of the breakout candle to manage risk. For instance, if the breakout candle has a low of 24550, you might set your stop loss at 24540 to protect your capital. Target: Determine your target based on historical resistance levels or a specific risk-reward ratio. For example, if you're risking 45 points (24585 to 24540), aim for a reward of at least 90 points (e.g., a target of 24675). Sell Strategy: Entry Point: Enter a short position (sell) below the low of the candle that closes below 24332 on a 15-minute timeframe. This means if a 15-minute candle closes below 24332, you will sell once the price drops below the low of that candle. Stop Loss: Set a stop loss slightly above the high of the breakdown candle. For example, if the breakdown candle has a high of 24370, you might set your stop loss at 24380 to mitigate risk. Target: Determine your target based on historical support levels or a specific risk-reward ratio. For example, if you're risking 38 points (24332 to 24370), aim for a reward of at least 76 points (e.g., a target of 24256). Risk Management: Use Stop Losses: Always use stop losses to protect your capital and limit potential losses. Position Sizing: Never risk more than a small percentage (e.g., 1-2%) of your trading capital on a single trade. Regular Review: Continuously monitor the market and adjust your strategy based on evolving conditions and new information. Market Context: Economic Indicators: Pay attention to key economic indicators such as GDP figures, inflation data, and interest rate announcements that can impact Nifty. Geopolitical Events: Be aware of geopolitical events and developments that can cause significant market volatility. Disclaimer: Trading in financial markets involves substantial risk of loss and is not suitable for every investor. The strategies and opinions expressed are those of the author. Users should perform their own research and consult with a financial advisor before making trading decisions. Past performance is not indicative of future results. Note: The author is not SEBI registered. Trade wisely and stay informed! 📈💼
NSE:NIFTY
by ramkkyy
BLUEPRINT to a SUCCESSFUL TRADERIf you want to go from Delhi to Mumbai, there are many stations that come in between. Just like that, a trader has to pass through several stages before achieving success. Knowing which stage you’re in is crucial—it helps you stay on track, avoid frustration, and progress systematically. This Post May Sound Basic, But It’s Extremely Important Here are the 4 Stages of a Trader and how they define your journey: --- 1. The Excitement Phase - What It Feels Like: You’ve discovered trading, and it feels like the gateway to unlimited wealth. Every win feels like a step closer to “quitting your job,” and losses are dismissed as bad luck. - Reality Check: This is the honeymoon phase. Without a plan or risk management, you’re trading on emotion, not skill. Big losses often serve as a wake-up call here. --- 2. The Learning Phase - What It Feels Like: You’ve realized trading isn’t a game of luck—it’s a skill that requires discipline and study. You dive into books, watch tutorials, and experiment with strategies. - Challenges: - Information overload: Which indicator works best? - Doubt: Am I even cut out for this? - Outcome: Progress is slow, but this is where the foundation for mastery is laid. --- 3. The Frustration Phase (THIS STAGE LASTS LONGER THAN ONE CAN IMAGINE) - What It Feels Like: You’ve gained knowledge, but your execution isn’t consistent. Every win is wiped out by a bigger loss. Strategy-hopping becomes a vicious cycle. - Why Most Quit Here: The emotional toll of inconsistency is heavy. Many traders blame the market, their broker, or even themselves, concluding that trading “isn’t for them.” - The Breakthrough: This is a test of resilience. Traders who stick to the process and focus on discipline eventually push through. --- 4. The Mastery Phase - What It Feels Like: Trading becomes systematic—a business, not a gamble. You’ve developed an edge, trust your strategy, and prioritize risk management. - Key Characteristics: - Discipline: You follow your plan without hesitation. - Confidence: Losses don’t shake you because you know your edge works over the long term. - Sustainability: Trading isn’t just profitable—it’s consistent. - This Is True Success: You understand the market isn’t a money-making machine; it’s a test of probabilities and discipline. --- Why Knowing Your Stage Matters Understanding where you are in this journey is like knowing which station you’ve reached on the Delhi-to-Mumbai train. It helps you prepare for what’s ahead and keeps you focused on reaching the destination. So, ask yourself: Which stage am I in? Let us know in the comments, and tag a fellow trader who’s on this journey with you.
NSE:NIFTYEducation
by keshevdugar
10
Nifty weekly expiry intraday levels for 25/12/2024Nifty has given a nice closing around the resistance zone and a good support on 20 EMA is there on 30 minutes. Tomorrow is weekly expiry and a volatile trading day will be there as all the volume will be in this only index tomorrow. Support levels :- 24460,24345 Resistance :- 24570, 24670 If market consolidate in the first half and gives a break out, trending move can be capture either side. Wait for the price action near the levels before entering the market.
NSE:NIFTY
by Mambotrade
Supriya Lifescience Ltd. (SUPRIYA): Flag Breakout OpportunityKey Points: Pattern : Clear Bullish Flag breakout on daily chart. Entry : Ideal buy point at ₹804 after breakout confirmation. Stoploss : Set at ₹745 to protect against downside. Targets: 833 INR 862 INR 891 INR 922 INR 948 INR 977 INR Risk-Reward : Offers a potential reward up to 173 INR with a risk of 59 INR. Considerations: Volume spike on breakout necessary for validation. Always review market conditions and company fundamentals.
NSE:SUPRIYALong
by raigvivek
NIFTY: INSTITUTIONAL LEVELS FOR 04/12/2024Overview This trading system combines simplicity with powerful insights for accurate entries and exits. It is structured for active traders using the 5-minute timeframe who want to make clear, confident trading decisions in fast-moving markets. Key Strategy Guidelines Retest Entries : Aim to enter trades on retests rather than breakouts, offering better positioning. Multiple Confirmations : Use more than one confirmation to validate each trade, helping avoid impulsive decisions. ATM Options Focus : Stick to at-the-money (ATM) options or above for optimal liquidity and manageable risk. System Explanation This setup leverages volume, historical price action, and price ranges to pinpoint high-probability entry and exit points. This methodology is designed to reduce guesswork, allowing traders to manage trades with a consistent approach. How It Works: Entry/Exit Signals Blue Line : Signals potential long entry. Red Line : Indicates potential short entry. Tip : Align these signals with additional confirmations from your trading strategy for optimal performance. Stop Loss and Take Profit Levels Stop Loss: Long Trades : Set your stop loss at the nearest red line below the entry point, or adjust based on whether the 5-minute candle crosses the red line. Short Trades : Use the blue line above as the stop loss. Take Profit: Long Entries :Target the next red line above or exit if other indicators suggest a prudent exit. Short Entries :Target the next blue line below following similar guidelines. Timeframe Recommendation This system is specifically optimized for the 5-minute timeframe, making it suitable for those trading shorter intervals with precision. Risk Disclaimer Trading involves high risk, and rapid price changes can lead to unexpected losses. Only trade with capital you can afford to lose, and carefully assess your financial situation and risk tolerance. Join the Community Discussion Engage with other traders to discuss strategies, share insights, and enhance your understanding of the markets. Let’s grow together as a community of traders. Original Content This trading system is the product of my own expertise and rigorous testing. It’s a unique approach developed through real market experience to offer a clear edge in trading.
NSE:NIFTY
by tony_fx_sm
4
Nifty Intraday Levels | 4-DEC-2024Nifty Options Scalping 1️⃣ Zones to Watch: 👉Green Zone: Institutional support 👉Red Zone: Institutional resistance 👉Gap: 100-200 points between zones 👉Zone Creation: Based on pivot points and Fibonacci 👉Chart: Use Nifty futures chart for reference 2️⃣ Trade Execution: 👉Order Flow: Triggers trades 👉Timeframes: 1-min & 5-min for scalping 👉Risk-Reward: 1:2 (Risk 1 to gain 2) 👉Strike Price: ATM or slightly ITM options 👉Position Sizing: Adjust to risk tolerance 3️⃣ Rules: 👉9:15 AM Sharp: Ready for market open 👉Risk Management: Top priority 👉Quick Trades: "Morning breakfast" scalps 👉Stop-Loss: 10 points #ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌 🙏 FOLLOW for more content! 👍 LIKE if you found it useful! ✍️ COMMENT below with your thoughts and feedback
NSE:NIFTY1!
by ReviveTraders
#Nifty directions and levels for December 4th.Good morning, friends! 🌞 Here are the market directions and levels for December 4th. Market Overview: There are no significant changes happening. The global market is maintaining a bullish sentiment (based on the Dow Jones only), while our local market shows a moderately bullish sentiment. Today, the market may open with a neutral to slightly gap-up start, as the Gift Nifty is showing a positive 10 points at 8:00 AM. In the previous session, both Nifty and Bank Nifty had a solid pullback. The structure and sentiment remain the same as we discussed in the previous session. Let's look at this in the charts. Both Nifty and Bank Nifty have a similar sentiment. Nifty Current View: The current view suggests that if the market takes an initial pullback, it could reach a minimum of 24,629. However, the previous day's movement shows RSI divergence, indicating weakening momentum. If this divergence continues when it reaches 24,629, we could see a correction of 23% to 38% in the minor swing. Conversely, if it breaks through or consolidates at this zone, the rally is likely to continue. This is the basic structure. Alternate View: The alternate view suggests that if the market initially declines, it could reach the 38% Fibonacci level in the minor swing. However, until the 38% level is broken, it will maintain a bullish bias. If it breaks this level, we can expect a correction.
NSE:NIFTY
by Manickamtraders
3
Nifty 50: Inverted Head & Shoulders Breakout! Targeting 25,381The NSE:NIFTY index has delivered a decisive breakout above the Inverted Head & Shoulders neckline at 24,340, signaling strong bullish momentum on the daily chart. This pattern, often viewed as a reliable reversal indicator, points towards a potential target of 25,381. Pattern Breakdown: Left Shoulder: Formed around 4th Nov'24. Head: The lowest point near 23263. Right Shoulder: Higher lows confirm strengthening bullish sentiment. Neckline: The breakout at 24,340, now a crucial support level. Key Levels to Watch: Resistance Levels: 24,527 24,690 24,873 25,053 25,312 Support Zone: 24,340 (previous neckline). Target Calculation: Using the height of the pattern (distance between the neckline and the head), the breakout projects an upside target of 25,381. Cautionary Note: While the breakout is promising, traders should monitor global market cues and economic developments that could impact the index's trajectory. Maintain strict risk management. ⚠️ Disclaimer: This post is for educational purposes only. Trade responsibly and manage risk wisely.
NSE:NIFTYLong
by raigvivek
Nifty Trading Strategy for 04th December 2024Trading Strategy: Buy Strategy: Entry Point: Enter a long position (buy) above the high of the candle that closes above 24512 on a 15-minute timeframe. This means if a candle on the 15-minute chart closes above 24512, you will buy once the price exceeds the high of that candle. Stop Loss: Set a stop loss below the low of the breakout candle or a significant support level to manage risk. For instance, if the breakout candle has a low of 24450, you might set your stop loss slightly below this level to protect your capital. Target: Determine your target based on historical resistance levels or a specific risk-reward ratio. For example, if you risk 50 points (from 24512 to 24462), aim for a reward of at least 100 points (e.g., a target of 24612). Sell Strategy: Entry Point: Enter a short position (sell) below the low of the candle that closes below 24346 on a 15-minute timeframe. This means if a candle on the 15-minute chart closes below 24346, you will sell once the price drops below the low of that candle. Stop Loss: Set a stop loss above the high of the breakdown candle or a significant resistance level. For example, if the breakdown candle has a high of 24400, you might set your stop loss slightly above this level to mitigate risk. Target: Determine your target based on historical support levels or a specific risk-reward ratio. For example, if you risk 50 points (from 24346 to 24396), aim for a reward of at least 100 points (e.g., a target of 24246). Risk Management: Use Stop Losses: Always use stop losses to protect your capital and limit potential losses. Position Sizing: Never risk more than a small percentage (e.g., 1-2%) of your trading capital on a single trade. Regularly Review: Continuously monitor the market and adjust your strategy based on evolving conditions and new information. Market Context: Economic Indicators: Keep an eye on key economic indicators such as GDP figures, inflation data, and interest rate announcements that can impact Nifty. Geopolitical Events: Be aware of geopolitical events and developments that can cause significant market volatility. Disclaimer: Trading in financial markets involves substantial risk of loss and is not suitable for every investor. The strategies and opinions expressed are those of the author . Users should perform their own research and consult with a financial advisor before making trading decisions. Past performance is not indicative of future results. Note: The author is not SEBI registered. Trade wisely and stay informed! 📈💼
NSE:NIFTY
by ramkkyy
1
Nifty Intraday Levels | 3-DEC-2024Nifty Options Scalping 1️⃣ Zones to Watch: 👉Green Zone: Institutional support 👉Red Zone: Institutional resistance 👉Gap: 100-200 points between zones 👉Zone Creation: Based on pivot points and Fibonacci 👉Chart: Use Nifty futures chart for reference 2️⃣ Trade Execution: 👉Order Flow: Triggers trades 👉Timeframes: 1-min & 5-min for scalping 👉Risk-Reward: 1:2 (Risk 1 to gain 2) 👉Strike Price: ATM or slightly ITM options 👉Position Sizing: Adjust to risk tolerance 3️⃣ Rules: 👉9:15 AM Sharp: Ready for market open 👉Risk Management: Top priority 👉Quick Trades: "Morning breakfast" scalps 👉Stop-Loss: 10 points #ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌 🙏 FOLLOW for more content! 👍 LIKE if you found it useful! ✍️ COMMENT below with your thoughts and feedback
NSE:NIFTY1!
by ReviveTraders
Nifty analysis for 03/12/2024Nifty has been trading in a range for last five trading session and there are possibility of a trend reversal as the chart seems to me. It is trading around the Hourly EMAs and has closed above it after good fall on Thursday. If there is a break out of the resistance zone, 24500 can also be breached and new highs around 24730 can be seen. A base and W pattern formation is there around the low created. Buy on dip can be done once the crucial round number figure is taken out. Resistance :- 24350, 24500, 24940 Support zone :- 24090-24140 The market is looking strong for the coming days. Market reaching 25k this week or the next can be seen. Wait for the price action near the levels before entering the market.
NSE:NIFTYLong
by Mambotrade
Nifty Intraday Levels | 29-NOV-2024Nifty Options Scalping 1️⃣ Zones to Watch: 👉Green Zone: Institutional support 👉Red Zone: Institutional resistance 👉Gap: 100-200 points between zones 👉Zone Creation: Based on pivot points and Fibonacci 👉Chart: Use Nifty futures chart for reference 2️⃣ Trade Execution: 👉Order Flow: Triggers trades 👉Timeframes: 1-min & 5-min for scalping 👉Risk-Reward: 1:2 (Risk 1 to gain 2) 👉Strike Price: ATM or slightly ITM options 👉Position Sizing: Adjust to risk tolerance 3️⃣ Rules: 👉9:15 AM Sharp: Ready for market open 👉Risk Management: Top priority 👉Quick Trades: "Morning breakfast" scalps 👉Stop-Loss: 10 points #ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌 🙏 FOLLOW for more content! 👍 LIKE if you found it useful! ✍️ COMMENT below with your thoughts and feedback
NSE:NIFTY1!
by ReviveTraders