Nifty Intraday Levels | 25-SEP-2024#Optionbuyers
#Niftyoptionscalping
1️⃣ Zones you always Like:-
👉Green zone- Institutional support
👉Red zone - Institutional resistance
👉Gap between institutional zones is always of 100-200 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)
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Niftytradingidea
Nifty Intraday Levels | 26-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 !
Nifty SpotDuring the week from August 19 to August 23, 2024, the Nifty 50 index displayed a steady recovery after a prior downtrend earlier in the month. The index began the week with a bullish momentum and closed on August 23 at 24,823.00
Key drivers behind this recovery included a robust performance from mid-cap and small-cap stocks, as well as contributions from sectors like banking and auto. Despite some cautious sentiments due to global uncertainties and anticipation surrounding Jerome Powell’s Jackson Hole speech, the overall trend remained positive.
Key Levels marked. 25100 odd levels likely a hurdle..
Nifty Intraday Levels | 6-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 !
Very Short Term Trading Idea in Cholamandalam Inv for 10% UpsideHi,
NSE:CHOLAFIN has given a Bullish Flag Breakout on Hourly charts with very good volume.
MACD is also on the bullish side on Daily and Monthly 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.
Don't Forget to Follow me to get all the updates.
Please share your feedback or any queries on the study.
Disclaimer: Please consult your financial advisor before making any investment decision.
Nifty Trading Plan for Second week of Sept 2023 Nifty End of Day Analysis Helps Traders to Understand the Nifty sentiment and Identify Potential Trading Opportunities for the Next Trading Day in Nifty future or Nifty option
Nifty Support
Nifty Support 1 - 19358
Nifty Support 2 - 19240
Nifty Support 3 - 19180
Nifty Resistance
Nifty Resistance 1 - 19470
Nifty Resistance 2 - 19570
Nifty Resistance 3 - 19680
Nifty Trend Signal From Open Interest Analysis
PCR ratio as per Option Chain Analysis - 1.1 ( Bullish)
Max Pain As per Option Chain Analysis - 19400
Major Resistance as Per Nifty Open Interest Analysis - 19600
Major Support as Per Nifty Open Interest Analysis - 19300
Long Opportunity in Nifty for Intraday Trading
On Friday Nifty took Support sustained above 19250 and Completed the Target of 19460
Tomorrow First Buying opportunity will be above 19360 and if the Nifty Open Gap up then the Buying opportunity will be Near 19460 or 19480
Nifty Short opportunity
As we Know Nifty just changed a short-term downtrend, so Now don't expect big downside movement till Nifty goes below 19300
If nifty Sustain below 19570 then try to buy nifty Put or Short nifty keep a small stop loss and a small target
If Nifty Goes below 19350 then Take a short trade for big targets
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Nifty Study and Important LevelsNifty on Daily TF formed Inverse Head & Shoulder, breakout of which happened on 27th April '23. the expected target for the pattern is the Pink Line (987 points from the neckline). One can figure out 3 patterns
1. Inverse H S
2. Cup and Handle
3. Bull Pole and Flag Pattern.
On the upside journey, green lines ae the major resistances.
Nifty: Friday - 20/01/23Nifty Intraday Levels:
Chart:
Logic:
Levels:
Support: 18070, 18020, 17970, 17920
Resistance: 18150,18175, 18265
OI Data:
---------------------------------------------------------------------|
Nifty => Price: 18107.85
ATM: 18100 , ITM: 18050, 18000, 17950 , OTM: 18150, 18200, 18250
---------------------------------------------------------------------|
Highest OI Call in Nifty per OI data: 18150
Highest OI Put in Nifty per OI data: 18100
Nearest Major Resistance in Nifty per OI data: 18350
Nearest Major Support in Nifty per OI data: 17950
---------------------------------------------------------------------|
Trade setup:
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 18200 | 18160 | 18300 | 18350
-----------------------------------------
SELL | < 18130 | 18170| 18050 | 18000
+++++++++++++++++++++++++++++++++++++++++
Nifty: Tuesday - 29/11/22Levels:
Support: 18530, 18440, 18375, 18300
Resistance: 18610, 18745, 18850
OI Data:
---------------------------------------------------------------------|
Nifty => Price: 18562.75
ATM: 18550 , ITM: 18500, 18450, 18400 , OTM: 18600, 18650, 18700
---------------------------------------------------------------------|
Highest OI Call in Nifty per OI data: 19000
Highest OI Put in Nifty per OI data: 18500
Nearest Major Resistance in Nifty per OI data: 18750
Nearest Major Support in Nifty per OI data: 18550
---------------------------------------------------------------------|
Trade setup:
1. If Nifty Opens up more than 200 points, safely sell.
2. 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).
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 18560 | 18520 | 18650 | 18700
-----------------------------------------
SELL | < 18520 | 18560 | 18450 | 18400
+++++++++++++++++++++++++++++++++++++++++
NIFTY 50 TECHNICAL ANALYSIS ( ELLIOT WAVE ) 02/10/2022NIFTY currently travelling in the 4th wave of the " C " Wave
expecting nifty in buy side till around 17475
from there expecting a huge fall again breaking the previous low
This analysis is just for Educational purposes
Our team is not responsible for any kind of Profits or Losses made
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.
Simple Trade Setup | NIFTY | 04-08-2022 [INTRADAY] NSE:NIFTY
Trade Setup for 04-08-2022
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 Trade Plan for 22 AUG 2022Nifty Trade Plan for 22 AUG 2022
Nifty is bullishly biased for the day with a solid bullish closing and managed to close above key resistance level of 16600.
Expecting a gap up opening in Nifty around R1 resistance levels.
If R1/Bullish Break Out is taken on opening 15-30 min we can possibly expect T1/T2 Targets today.
In case if R1/Bullish Breakout is not taken out on opening then we can possibly expect Nifty to be retest Bullish Reversal Zone and then bounce back on upside.
Any compromised of CPR we can possibly expect S1 and then PDL.
Nifty Daily Levels Update For Option Day Trading
First Possible Trade in Nifty , If Nifty Open Gap Down Near Suport Zone
Tread Entry
If Nifty Sustain Above Support Zone (16230 -16248) You can Buy 16250 ATM CALL OPTION
Trade Target
First Target For Nifty - 16300 and Second Target For Nifty is 16368
Tread Stoploss
If Nifty Index 30 min. Candle Closes Below Support Zone (16248 -16230 ) , Exit From Up Side Trade Or maximun 20/25 points Stoploss
Tomorrow Put Side Posiible Trade in Nifty - If Nifty Open Near Resistance Zone
Tread Entry
If Nifty Sustain Below Resistance Zone (16368 -16354 ) You Can Buy 16350 ATM PUT OPTION
Trade Target
First Target For Nifty - 16250 and Second Target For Nifty is 16150
Tread Stoploss
If Nifty Index 30 min. Candle Closes Above Resistance Zone (16368 -16354 ) , Exit From Down Side Trade Or maximun 20/25 points Stoploss
Simple Trade Setup | NIFTY | 04-07-2022 [INTRADAY]NSE:NIFTY
Trade Setup for 04-07-2022
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 | 29-06-2022 [INTRADAY]NSE:NIFTY
Trade Setup for 29-06-2022
This setup is prepared with consideration of gap down opening.
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 Daily Levels Update For Option Day TradingNifty Trading Strategy with Support & Resistance| Nifty Prediction 2022
Nifty Trading Setup
Resistance As Per Open Interest – For Next Trading Days before Expiry on 16 june 2022 Nifty Has Maximum Call Side Open Interest ( Call Writing ) on 16300 Call ,16400Call & 16500 Call
Support As Per Open Interest – For Next Trading Days before Expiry on 16 june 2022 Nifty Has Put Writing on 16000 , 15900 but as compare to Call Writing its very Less
NIFTY 50 TECHNICAL ANALYSIS ( ELLIOT WAVE )2nd wave of the 5th wave have ended, 3rd wave of the 5th wave has started.
nifty also consolidated today and formed a bullish flag patter and it gave a good breakout
so expecting a gap up opening of minimum 120 points tomorrow
after the completion of 3rd wave expecting a quick fall as a retracement
above details are purely for educational purposes only
Simple Trade Setup | NIFTY | 28-03-2022 [INTRADAY]NSE:NIFTY
Trade Setup for 28-03-2022
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.