Nifty Trade Setup for 15 MAR 2022Nifty Trade Setup for 15 MAR 2022
16800 is the key support to watch out. Break out of PDH & R1 we can expect higher targets as plotted.
Niftytradingidea
Simple Trade Setup | NIFTY | 14-03-2022 [INTRADAY]NSE:NIFTY
b]Trade Setup for 14-03-2022
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.
Nifty 50 value today (11 Feb 22)if the nifty value go upwards , the value might reach 17620
if the nifty value go downward , the value might reach 17070
Nifty Trade Setup for 08 FEB 2022Nifty Trade Setup for 08 FEB 2022
Nifty expected to open flat to small gap up opening.
Expected Nifty to be in a range today.
In case if 17330 levels is taken on upside and sustained we can expect Nifty to test 17460 levels.
In case of resistance from CPR or previous closing price getting compromised we can again short Nifty for PDL and then look for Bearish Break out zone.
Nifty Trade Plan for 13 JAN 2022Nifty Trade Plan for 13 JAN 2022
Nifty bullish streak is still on, expect a gap up opening around 18350 levels.
Open opening if 18345 sustains, we will go for long with a small SL below the zone what is marked.
I will look for shorting opportunity if i find any rejection at the above zone and we can expect Nifty to test out 17200 zone again.
Nifty Trade setup for 12 JAN 2022Nifty Trade setup for 12 JAN 2022
Global markets looks bullish and Nifty expected to gap up around 18200 levels.
18200 zone is a strong resistance, if it sustains and manages to find support above 18210 the we can expect a possible up move to next targets.
In case of resistance confirmed around 18200 we can possible short and expect Nifty to test 18k again.
Nifty Trade Plan for 04 JAN 2022Nifty Trade Plan for 04 JAN 2022
After a good rally can expect some profit booking today.
Expecting a flat to small gap up opening.
Expected Range:
Downside - 17500
Upside - 17900
Very wide CPR, can expect to be in a range. Any pull back to Bullish Reversal zone(17550) is a buying opportunity in Nifty and expect above targets.
On opening if 17680 taken out and sustains, we can expect above targets with yesterday's closing price as SL.
Nifty Intraday Trade Setup | 17th December 2021Nifty opened with a big Gap-up due to Positive Global Cues and we saw selling at open, Nifty again took support near 17200 and traded in a range for most of the time.
Trades we took Today:
> Bought Nifty 17400 PE 23RD DEC at 185 which made high above 240 and Traders booked Great profit in Morning Trade
> Bought Nifty NIFTY 17450 PE at 195 which made a high above 230 and Traders booked Good profit in this Trade
> Bought Nifty 17200 CE at 60 which we booked with 12 points loss
> Bought Nifty 17300 PE at 90 which we booked with 10 points loss
> Bought Nifty 17300 PE 23RD DEC at 170 which we booked with 30 points loss
> Bought Nifty 17300 CE 23RD DEC at 130 which we booked with 15 points loss
Overall, We booked Great profit in Morning Trades but then not good trades.
Tomorrow, if Nifty breaks 17180 we may see a sharp fall.
Expectations for Tomorrow: Trending Day.
Intraday Levels:
Buy Above - 17300
Sell Below - 17190
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Trade Setup for 16 DEC 2021This is 1 HR chart of Nifty with weekly pivots. Weekly BC was giving good support for last 2 trading sessions and bouncing back from the same level. Now 17350 is key level to watch out if taken we can expect 17400 & 17500 levels.
In case of a gap up opening, these zones are where i will look for possible trade opportunity.
Nifty Intraday Trade Setup | 14th December 2021Nifty opened with a gap-up above 17600 but couldn't sustain at higher levels and Nifty faced strong rejection from 17640 zones.
Trades we took Today:
> Bought Nifty 17500 CE at 195 which we booked with 25 points loss
> Bought Nifty 17500 CE at 145 which we booked with 15 points loss
> Bought Nifty 17500 PE at 130 which made a high above 190 and Traders booked great profit in this Trade
Overall, it was a great day for Nifty Option Buyers.
For tomorrow 17350 is important on the downside.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 17450
Sell Below - 17350
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nifty Trade Plan for 13 DEC 2021Nifty Trade Plan for 13 DEC 2021
Expecting a gap up opening Nifty.
In case Nifty opens above 17600 levels and if you get a chance to test R1 or Bullish Breakout zone of 17582 at opening and confirms a support,
then we can expect upper resistance targets 17670 & above.
In case 17680 taken out and sustains then we can expect 17820.
Any resistance from Breakout T1 & T2 at opening we can look for possible shorting opportunity and expect Nifty to test R1 & may be PDH.
Nifty Trade Setup for 09 Nov 2021Nifty Trade Setup for 09 Nov 2021
Nifty gave a beautiful rally taking support from previous virgin CPR and looking strong.
In case if Nifty opens flat or gap up then any pull back to today closing price or Bullish Reversal zone of 18000 or 17970 is a buying opportunity and we can expect Nifty to test our first target of 18140 & if 18160 resistance is taken out we can expect 18230 & 18300 levels.
Unless the previous CPR is not compromised its not safe to go short in Nifty.
Nifty Future trades analysis for 20.10.2021 (Wednesday)Understanding trades of nifty future for 20.10.2021.
Nifty Trade Setup for 13 OCT 2021Nifty Trade Setup for 13 OCT 2021
Expecting a gap up opening in case of Nifty.
The first resistance to watch is the Previous session high. If that is taken out on upside then we can expect Nifty to make fresh high.
Any resistance from Bearish Reversal zone we can expect CPR to be tested out.
Bullish Reversal zone of 17952 is a strong support.
Nifty Trade Plan for 05 OCT 2021Nifty Trade Plan for 05 OCT 2021
Nifty likely to open gap down.
The immediate support for Nifty is around 17543, if that is compromised there is a very good support around 17506 levels.
Any support around these we can expect Nifty to again bounce back. In case if this support is compromised we can expect Nifty to again test 17440 and lower levels.
In case if Nifty sustains above 17500 then we can expect Nifty to again test out 17600 & 17700 levels.
Nifty Future trades analysis for 01.10.2021 (Friday)Understanding trades of Nifty Future for 01.10.2021
Nifty Trade Plan for 29 Sep 2021Expect Nifty to open gap down.
Global weakness witnessed in the last trading session and expecting nifty to open gap down.
On opening we can expect possible support around 17650 levels, if that is compromised we can expect Bearish Breakout zone 17564 to the tested. If break out confirmed then we can expect Target 1 & Target 2 to be tested.
Even that is compromised then extended target of 17300 likely to be tested.
Very Narrow CPR and India VIX on high , expect some good volatile market and trade safe.
TARGETS HIT!! NIFTY EXPIRY LONGITS RAINING PROFITS TODAY!! 🤑🤑
Earlier I posted a Nifty expiry long trade and all the levels worked like wonders today. Nifty opened directly at our entry level and I updated on the post saying that we can enter the long trade as soon as the markets open . We captured about 80% of the move in the market today and hit our targets as soon as nifty hit the all time high. I exited my option trades at our 3rd target . Over greed is also not good in the markets and exiting the trade was very important at our T3 .
Nifty Trade Setup for 22 Sep 2021Nifty recovered well after testing the previous demand zone and managed to close above the next day CPR levels.
In case nifty opens flat and tests the CPR, the bullish Reversal zone of 17493 should act as a good support and can again test the previous day close and if that is taken out we can again expect to test 17631 & higher levels.
Any rejection around 17631 again , we can again expect Nifty to be in yesterday's range and can test the Bearish Break out zone of 17423 & lower.
Nifty Trade Setup for 13 Sep 2021Nifty expected to open flat.
Global parameters showing some selling pressure.
The first resistance to watch out is the previous day high , if that is compromised we can see possible Target 1 & Target 2 tested on the upside.
On opening if 17348 is getting compromised then we can expect Nifty to test 17300 levels and if that is also taken out we can expect 17250 to be tested.
Nifty Trade Plan for 31 Aug 2021Expecting a Flat opening in Nifty.
16900 is a good support and on opening if this supports holds good we can go long around CPR and if PDH is taken on upside we can expect 17K target today.
A close above bullish Breakout zone we can expect Target 1 & Target 2 .
Reversal trade around 17k should be taken after confirmed reversal signs today.
Nifty Trade Setup for 24 Aug 2021Long Opportunity :
If Nifty opens flat and CPR provides support and first resistance of 16530 taken out we can expect it test 16550 & then the previous V-CPR levels.
A close above V-CPR we can expect again to go long and sit for Target 1 & Target 2
Any good support at yesterday's low is good opportunity to go long.
Short Opportunity :
Any resitance at V-CPR we can possible go short with VCPR above as SL and expect it to test CPR.
If it opens flat and compromises CPR then we can expect to yesterday lows.
Nifty Trade setup for 20 Aug 2021Expecting a gap down opening in Nifty tomorrow.
At the time of review, SGX is trading around 16360 where in we have a good support from V-CPR and can expect some long opportunity .
On the upside we have resistance around 16477.
If 16477 is taken on upside then we can expect the gap to be filled.
