Nifty Trading Levels for 09th December 2024Nifty Trading Levels
Buy Setup
Entry: If the 15-minute candle closes above 24,730, place a buy order above the high of the candle.
Targets:
24,850
24,950
25,030
Stop Loss: Below the low of the breakout candle.
Sell Setup
Entry: If the 15-minute candle closes below 24,570, place a sell order below the low of the candle.
Target: 24,268
Stop Loss: Above the high of the breakdown candle.
Disclaimer
The above levels are shared for educational purposes only and should not be considered as financial advice.
I am not a SEBI-registered analyst. Please consult a certified financial advisor or conduct your own analysis before making any trading decisions.
Trading in the stock market involves risk; trade responsibly.
Nsenifty50
Nifty Trading Strategy for 29th November 2024Nifty Trading Strategy
Current Level: Nifty at 23914
Long Position: Above the high of the 15-minute candle that closes above 24055
Short Position: Below the low of the 15-minute candle that closes below 23780
Support Levels: 23650, 23500
Resistance Levels: 24150, 24230
Disclaimer: I am not SEBI registered. Please consult with a certified financial advisor before making any trading decisions.
NIFTY INTRADAY for 14 Jan, 20Trading in its essence is very simple. Yes there are Elliot waves and all that, but they all always give you two options (anyone who does Elliot will understand). So in the end its always you who decides whether its looking like option A or B or sometimes even option C.
It goes without saying, no one in the market can anticipate just about every news or sentimental impact of the news.
What you can do is give yourself two options every single day. Ye hua to ye karunga, wo hua to ye karunga, warna trade nahi karunga. (if A happens i will do so and so, else if B happens i will do so and so, or else i wont trade). If you do this, during the market time (since morning, when you look at SGX and stuff) your mind wont be looking for trades but will be patiently looking for indications or hints regarding the options you gave yourself the day before and when the conditions are met, you will trade with easy. Trading really requires a whole lot of common sense and most ppl underestimate that.
PS. Do check Nifty idea for 13 Jan, 20 linked below. That level of confidence can only be earned with extensive trading in the market. It took a whole lot of losses to learn that.
BANKNIFTY INTRADAY for 13 Jan,20Zones are mentioned on chart.
Newbie's takeaway:
India Vix is good, markets are giving good moves. Weekly expirys, Short coverings, Full mood Long buildups, bull traps or bear traps at just the opening are all aligning so perfectly. If one has been in the markets for say past 3-4 years and still isnt able to make money in this kind of market, well sir/ma'am, there is something particularly wrong about your understanding of even the basics of the technicals of the markets. And I believe there's nothing wrong with that, just start with kindergarten again, read books, a lot of books! (not on technical indicators, but on technicals of markets, cycles or phases of markets, the psychology behind a spinning top or behind one day's gap up opening followed by next day's gap down opening).
Long story short , You and I are rivals (that's how it is practically, right?). So, if you dont understand the game we are playing, how can you even think of a way or a method to beat me at it??
my "ONEPIECE IS REAL!!" wala speech :p
NIFTY INTRADAY for 13 Jan.20Zones are mentioned on chart.
Newbie's takeaway:
India Vix is good, markets are giving good moves. Weekly expirys, Short coverings, Full mood Long buildups, bull traps or bear traps at just the opening are all aligning so perfectly. If one has been in the markets for say past 3-4 years and still isnt able to make money in this kind of market, well sir/ma'am, there is something particularly wrong about your understanding of even the basics of the technicals of the markets. And I believe there's nothing wrong with that, just start with kindergarten again, read books, a lot of books! (not on technical indicators, but on technicals of markets, cycles or phases of markets, the psychology behind a spinning top or behind one day's gap up opening followed by next day's gap down opening).
Long story short , You and I are rivals (that's how it is practically, right?). So, if you dont understand the game we are playing, how can you even think of a way or a method to beat me at it??
my "ONEPIECE is real!!" wala speech :p
NIFTY Risk/Reward Intraday Play for 18 Dec,19UZone and Lzone are so close, its going to be difficult to trade if tomorrow's a low momentum day.
Newbie 101 : For those who can relentlessly track a chart throughout the day. Shift to 5 mins , and put a 50 period EMA . Do some analysis around it, maybe add something of your own to it (athough, if I personally want to take just one trade per day, that EMA alone is more than enough for me).
6 out of 10 days you will get opportunities. That's where and how you start.
NIFTY INTRADAY for 16 Dec,19Zones are mentioned on chart.
This is just the tip of the ice berg. Sometimes or a lot of times nifty may hereon dont fall in the zones. In such case, one must be stock specific. Levels for stocks are update on my app and amibroker indicator for zones is also available.
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