Nifty Trading Strategy for 03rd December 2024Nifty Trading Strategy
Buy Strategy:
Condition: Look for the price of Nifty to close above 24306 on a 15-minute candle.
Entry Point: Identify the high of the candle that closes above 24306.
Action: Place a buy order above this high once the 15-minute candle has closed above 24306. This confirms that the market is trending upward and you’re looking to ride the momentum.
Sell Strategy:
Condition: Look for the price of Nifty to close below 24120 on a 15-minute candle.
Entry Point: Identify the low of the candle that closes below 24120.
Action: Place a sell order below this low once the 15-minute candle has closed below 24120. This confirms a downward trend, signaling a bearish market.
Current Price: The current price of Nifty is 24276.
Disclaimer: This strategy is for informational purposes only and should not be considered financial advice. Trading involves risk, and you should do your own research or consult with a financial advisor before making any investment decisions. I am not SEBI registered.
Nseindia
Aeroflex Industries by KRS Charts4th Oct 2024 / 10:02 AM
Why AEROFLEX ❓
1. Clear Pattern of Reversal to Bullish, Inverted Head & Shoulder❗❗👍
2. Many has Jumped in Breakout due to high calls were given for AEROFLEX but once in Retest ,i think it's right time to enter with more conviction.
3. In smaller TF, 100 EMA is right underneath so multi-TF support ✅↗️
Target would be of ~224 Rs with SL closing below Support as we can see in Chart 📈
Nifty Trading Strategy for 02nd December 2024Nifty Trading Strategy
"When the gap between S3 and R3 is narrow, the market tends to show a strong trend, either upward or downward."
Buy Signal:
Initiate a buy position above the high of the 15-minute candle that closes above 24225.
This indicates a potential upward trend and a good entry point for long positions.
Sell Signal:
Initiate a sell position below the low of the 15-minute candle that closes below 24060.
This indicates a potential downward trend and a good entry point for short positions.
Support Levels:
23897: This is a crucial support level. If the price falls to this level, it might experience a rebound.
23440: Another significant support level where the price might find strong buying interest.
Resistance Level:
24300: This is a crucial resistance level. If the price approaches this level, it might face selling pressure.
Disclaimer: Trading in financial markets involves a significant amount of risk and can result in substantial losses. The information provided is for educational purposes only and should not be considered as financial advice. Past performance is not indicative of future results. Always conduct your own research and consult with a professional financial advisor before making any trading decisions. Additionally, please note that I am not SEBI registered.
Nifty Trading Strategy for 28th November 2024Trade Strategy for Nifty
Current Market Condition: Nifty has been consolidating for the last three days. A breakout on either side is expected to result in a movement of 300 points.
Buy: Enter a long position when the price moves above 24260 on a 15-minute candle close.
Sell: Enter a short position when the price drops below 24120 on a 15-minute candle close.
Current Price: 24275
Support and Resistance Levels
Support Levels:
24120: This is the first line of defense where the price might find support and potentially reverse upwards.
24000: If the price falls below 24120, 24000 acts as the next significant support level.
23500: This is a major psychological level that could provide strong support.
Resistance Levels:
24260: The initial barrier where the price might encounter resistance and potentially reverse downwards.
24500: If the price breaks above 24260, 24500 becomes the next key resistance level.
25000: This is a significant resistance level that could pose a challenge for further upward movement.
Disclaimer
Please note that I am not a SEBI-registered advisor. Trading involves significant risk and it's important to do your own thorough research or consult with a professional financial advisor before making any investment decisions. The information provided here is for educational purposes only and should not be considered as financial advice. Always consider your risk tolerance and investment goals before engaging in trading activities.
NAUKRINAUKRI :- The stock gave a breakout with good volume
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
HCLTECHHCLTECH :- Keep an eye on the stock, the stock has given a breakout
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
EMMBIEMMBI :- Falling wedge type structure has formed and is consolidating by giving breakout, chances of upside movement are high
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
COROMANDELCOROMANDEL :- The stock has given a breakout with a strong candle and has also formed a cup and handle pattern
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
UPL by KRS Charts21st October 2024 / 10:05 AM
Why UPL ❓
1️⃣ UPL is Bullish Stock long term wise with Decent Fundamentals. 📈
2️⃣ Recent March Low seems like Higher Low in bigger picture ✅
3️⃣ UPL has Formed Inverted H&S and Breakout from it and currently Reversing to Bullish again after Retesting from Prev. Resistance. ↗️
4️⃣ 1D TF, Bullish Hammer is visible and today also moving strong Upside 🔅
UPL Target 716 Rs with SL of 520 1W Closing Basis
Nifty Trading Strategy for 14th November 2024Nifty Trading Strategy: Buy Above 23,710 / Sell Below 23,500
Current Price: 23,559
Key Levels:
Buy Signal: If the price closes above 23,710 on the 15-minute candle, it indicates a potential upward trend, suggesting a good time to consider buying.
Sell Signal: If the price closes below 23,500 on the 15-minute candle, it suggests a potential downward trend, indicating it might be a good time to consider selling.
Market Analysis:
The current price is hovering around 23,559, just below the buy signal level.
It's important to monitor the price closely, especially around the 23,550 to 23,700 levels, which could act as support or resistance.
Recommendations:
Buy: If the price sustains above 23,710 on the 15-minute candle close, consider entering long positions. Book profit at regular intervals or use a trailing stop loss to protect your profit, with targets at 23,800 and 23,900.
Sell: If the price breaks below 23,500 on the 15-minute candle close, consider short positions. Book profit at regular intervals or use a trailing stop loss to protect your profit, with targets at 23,400 and 23,300.
Disclaimer: I am not SEBI registered. This is only for educational purposes. You may do your own analysis before taking any trading decisions.
Nifty Trading Strategy for 13th November 2024Nifty Trading Strategy: Buy Above 24,100 / Sell Below 23,800
Current Price: 23,884
Key Levels:
Buy Signal: If the price closes above 24,100 on the 15-minute candle, it indicates a potential upward trend, suggesting a good time to consider buying.
Sell Signal: If the price closes below 23,800 on the 15-minute candle, it suggests a potential downward trend, indicating it might be a good time to consider selling.
Market Analysis:
The current price is hovering around 23,884, just below the buy signal level.
It's important to monitor the price closely, especially around the 23,850 to 24,000 levels, which could act as support or resistance.
Recommendations:
Buy: If the price sustains above 24,100 on the 15-minute candle close, consider entering long positions. Book profit at regular intervals or use a trailing stop loss to protect your profit, with targets at 24,150 and 24,200.
Sell: If the price breaks below 23,800 on the 15-minute candle close, consider short positions. Book profit at regular intervals or use a trailing stop loss to protect your profit, with targets at 23,700 , 23600 and 23,350
Disclaimer: I am not SEBI registered. This is only for educational purposes. You may do your own analysis before taking any trading decisions.
Nifty Trading Strategy for 12th November 2024Nifty Trading Strategy: Buy Above 24,236 / Sell Below 24,060
Current Price: 24,142
Key Levels:
Buy Signal: If the price closes above 24,236 on the 15-minute candle, it indicates a potential upward trend, suggesting a good time to consider buying.
Sell Signal: If the price closes below 24,060 on the 15-minute candle, it suggests a potential downward trend, indicating it might be a good time to consider selling.
Market Analysis:
The current price is hovering around 24,142, just below the buy signal level.
The market is showing signs of bullish momentum, but it's important to monitor the price closely, especially around the 24,100 to 24,200 levels, which could act as support or resistance.
Recommendations:
Buy: If the price sustains above 24,236 on the 15-minute candle close, consider entering long positions with targets at 24,300 and 24,400.
Sell: If the price breaks below 24,060 on the 15-minute candle close, consider short positions with targets at 23,900 and 23,800.
Disclaimer: I am not SEBI registered. This is only for educational purposes. You may do your own analysis before taking any trading decisions.
Nifty Trading Outlook for 11th November 2024Nifty Trading Signal:
Buy above 24,220
Target: 24,300
Sell below 24,100
Targets: 24,050, 24,890
Disclaimer: I am not SEBI Registered. This trading analysis is for informational purposes only and is not intended as financial advice. Trading in the financial markets involves substantial risk and may result in significant losses. Please conduct your own research or consult a licensed financial advisor before making any trading decisions.
Navinfluorine Looks Good!NSE:NAVINFLUOR
The price appears to have found a bottom, signaling a potential reversal as it breaks upward following a phase of consolidation or indecision.
The Diamond Bottom pattern typically forms during a downtrend, where prices initially create higher highs and lower lows, forming a broadening structure.
Over time, the trading range narrows as the highs peak and the lows begin trending upward. A decisive upward breakout from the diamond's boundary confirms the reversal, marking the transition to a new uptrend.
PLEASE NOTE THAT:
This chart analysis is only for reference purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade.
Avanti Feeds NSE (Mid to Long Term)Date- 15 March 2024
Time - 10 Am
Points to be Noted-
1. As we can see, Avanti Feeds breakout from its long-term triangle formation with Inverted Head & Shoulder Chart Pattern with strong Volume Green Candle.
2. As supporting indicator MACD is showing Seller Exhaustion with decent bullish movement so far.
3. I know we are little late but one more concept call, Poisitve Order Block with FVG (Fair Value Gap) is also applied now for more bullish confirmation.
Approx Targets we can see in Chart as per previous resistances and +order block.
Close this trade if Price move down and close below 420 on a weekly candle.
Thank You!
ADANI WILAMR by KRS Charts5th Nov 2024 / 9:22 AM
Why AWL ❓❓
1. Decent Fundamental and Corrected Stock Technically.
2. Even its Correcting since long time, it made HL in monthly Timeframe. Which is good sign.✅
3. Clearly 5 Wave Correction Structure is finished, One Bounce is expected till 4th Wave height from current price.
4. Upside Movement can be Sluggish it's a swing Entry so. 📈
With a Good R/R more than 1:3 Target will be 509 Rs.
with SL of 285 Rs Daily Closing Basis.
Swing Trading Idea :: 02The daily chart forms a cup and handle pattern. The stock has recently made a higher high with volume buildup, a significant technical milestone, This indicates the potential for sustained upward momentum, especially as volume supported the breakout.
The stock could face psychological resistance around INR 2000. If momentum continues and the stock decisively breaks above INR 2000, a further target could be set around historical levels.
For a stop-loss level, consider placing it slightly below the retest level.
These levels can be adjusted based on risk tolerance and evolving market conditions.
Disclaimer: The information and publications are not meant to be, and do not constitute financial, investment, trading, or any other types of advice or recommendations.
SAHYADRI INDS by KRS Charts17th Sept 2024 / 3:11 PM
Why SAHYADRI ❓
1. First of all, it has Decent Fundamentals not in an expensive stock at CMP. 👍
2. Complete Range Bound and currently near its bottom support and strongly reacting with Bullish Engulf in 1D and Morning Star in 1W.
3. It's a Swing trade so Risk/Reward will be preferable with SL of 333 Rs in 1D Closing TF.
Target will be Resistance zone once it breaks it, I'll revealed further Targets.
STAR HEALTH & AL INS CO (NSE) By KRS Charts Date: 28th June 2024
Time: 12:42 PM
Why STAR HEALTH?
1. First of all, Decent Fundamentals with Profit making for last two years.
2. On bigger cycle STARHEALTH has finished correction waves with ~454 Rs low
3. Today in Daily TF its Gap-up with strong volume and sustaining above 100EMA.
IF today STARHEALTH closing above 100EMA , its buy for TARGETS of 780 Rs from here for medium Term with SL of 515 Rs.
Thank You!!
PRECISION CAMSHAF NSE By KRS ChartsDate : 23rd May 2024
Time : 1:08 pm
Fundamentally Profitable Company Precision Camshaf is showing bullish trait.
--> In Weekly TF Cup & Handle Chart Pattern is visible with Bullish Continues Divg. with recent Low price point.
---> Breakout of C&H was held in July after that price action creating Flag & Pole Pattern from that time period, and currently took support from 100EMA and Neckline of C&H pattern.
Very First Upside Target is 333 Rs which is height of flag , Further Targets will be after price reach T1.
Thank You!
Have A Good Day!
SEQUENT SCIENTIFIC By KRS ChartsDate: 4th July 2024
Time: 10:42 AM
Why Sequent Scientific ?
LH- Lower High, LL - Lower Low
HH- Higher High, HL- Higher Low
1. Applied Simple Dow Theory from year 2022 , It was consistently making LHs and LLs and very first time in Feb 2024 it breaks previous high and makes new HH , which is considered as a beginning of reversal.
2. After that on 3rd June Price action made new HL for first time without breaking previous LL level and moving upwards with strong candles and volume.
3. Meanwhile, on weekly TF price took support from 100EMA too and makes strong upward moves.
Target 1 - ~203 Rs.
Target 2 - ~260 Rs.
SL- Weekly Closing below 100EMA
Nifty Trading Strategy for 5th November 2024 Nifty Trading Strategy: Buy Above 24,110 / Sell Below 24,900
Current Price: 23,996.00
Key Levels:
Buy Signal: If the price closes above 24,110 on the one-hour candle, it indicates a potential upward trend, suggesting a good time to consider buying.
Sell Signal: If the price closes below 24,900 on the one-hour candle, it suggests a potential downward trend, indicating it might be a good time to consider selling.
Market Analysis:
The current price is hovering around 23,996.00, just below the buy signal level.
It's important to monitor the price closely, especially around the 24,200 to 24,250 levels, which could act as resistance.
Recommendations:
Buy: If the price sustains above 24,110 on the one-hour candle close, consider entering long positions with targets at 24,300 and 24,500.
Sell: If the price breaks below 24,900 on the one-hour candle close, consider short positions with targets at 24,700 and 24,600.
Disclaimer: I am not SEBI registered. This is only for educational purposes. You may do your own analysis before taking any trading decisions.