NIFTY Trade Plan And Important Levels For TomorrowNIFTY has been moving as per expectation for this expiry .
Now the downmove also seems to be slowing down with a falling wedge formation underway.
Prices back to the breakout structure is where we will be planning our long entry with the confluence of a wedge breakout .
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Niftytradesetup
Nifty Trading Plan & Levels For TomorrowNIFTY showing signs of bullish momentum after a good breakout on Friday's last hour , 15,500 remains a crucial SL level for the long trades in NIFTY.
Expected levels to be tested in NIFTY will be 17,800-850 range . So we can create a long position on pullbacks with the SL and Targets mentioned .
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Nifty Daily analysis on 02 March 2022Nifty is formed a double top chart pattern and presently it is at a very crucial level of 16800. Due to outbreak of war in Ukraine and NATO involvement in it on the behest of US and likelihood of LIC IPO getting delayed, there will be a negative sentiment in the market and If it breaks the crucial level of 16500(Plan to sell below it , no buying today) there could be a downfall till 16200 and further to 16000 levels initially. Later within 7 to 10 days it may then touch 15500 levels too as I had said in my last idea, please check that out too. Thanks for your time :)
** Nifty & Nifty Bank Setup for 21 Jan 22 **
Market Setup for 21 Jan 2022 (Friday )
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* Nifty 50 *
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Support Area Resistance Area
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1st Support Area : 17655.93-17683.52 | 1st Resistance Area : 17936.17-17963.35
2nd Support Area : 17372.34-17406.20 | 2nd Resistance Area : 18051.56-18051.56
* Nifty Bank *
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Support Area Resistance Area
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1st Support Area : 37739.33-37806.13 | 1st Resistance Area : 38100.44-38165.21
2nd Support Area : 37428.08-37493.17 | 2nd Resistance Area : 38332.14-38397.23
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Expectation : As for tomorrow expecting a POSITIVE market.
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If want to know my Trading Approach for tomorrow. Please stay connected with me.
Jai Hind.
Disclaimer:
This video is only for educational purposes. Please consult your financial advisor before you take any trades. I am not a SEBI Registered Analyst.
** Nifty & Banknifty Expectation & Trade Setup for 20 Jan **
Market Analysis for 20 Jan 2022 (Thursday )
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* Nifty 50 *
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Support Area Resistance Area
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1st Support Area : 17775.39-17794.63 | 1st Resistance Area : 17993.29-18013.23
Pivot Zone : 17887.34-179008.06
* Nifty Bank *
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Support Area Resistance Area
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1st Support Area : 37427.51-37496.52 | 1st Resistance Area : 38097.62-38166.62
Pivot Zone : 37788.13-37859.22
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Expectation : As for tomorrow expecting a flat negative market.
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nifty analysis on monday 03 jan 2022there is good zones on 17350 , 17300 and 17250 is very strong zone if market come down to these level its a good opportunity to go long and add position near these levels. this is a study based on option chain demand supply and put call ration please dont trade & analyse the trade.if you like please comment on monday if analysis is helpful to you its give motivation to me thank you
** Take only 1 or 2 Quality Trade on an Expiry Day in Nifty **Good Morning Traders..
Today is Expiry Day i.e., Thursday 09 Dec.
Today i have some free time .
I am going to post my trading idea and also the analysis also. Please respond in the comment section if you are also taking the trade with me or you want to get some more trade ideas.
I am happy to help you all.
**What To Do in an Expiry Day -
i) Decrease your position size(Take 2 to 3 lots ) as there will be a huge theta decay,
ii) Always keep your Stoploss in system ,
iii) Take 2 Quality trades.. if both stoploss hit exit the system..
iv) Control your Emotion and Be disciplined.
I have found one good opportunity so i have shared with you..
If stoploss is hit toh fir sinna tannke lena...
Have a good day.
Jai Hind.