Nifty Trading Plan - 14th JulySummary
► HTF is again is crucial demand zone. DTF has a "Hammer" candle, which infers "Positive" bias".
► Pivot analysis infers Trading Range DAY bias.
► ADR levels are below 0.50 hence, it infers trending day but, CPR width is not encouraging. So, be ready for double distribution day or mild trending day.
► Support levels 15793/15735
► Resistance levels 15895/15850
► Support levels has Multiple pivot point zones, which infers good support. Above 15760 we may see some buying. So, keep a watch, unless market gaps up or down.
► I want to highlight one thing, in DTF market is moving sideways which infers STAGE 3 as per Stan Weinstein methodology. Hence, expect some correction in medium term.
**********************************************************************************
Step 1 - Strategies to be deployed -
l Open drive .
l PPT.
l CPRRVL
Step 2 - Trading Plan
1. Any bullish PA above 15800 is stop of 15781 and target of 15830.
2. Any bullish PA above 15768 is quick scalp with stop of 15749 target of 15790.
3. Any bullish PA above 15749 is stop of 15729 and target of 15789.
4. Any bearish PA below 15840 is short with stop of 15860 and target of 15800.
5. Any bearish PA below 15790 is short with stop of 15809 and target of 15764.
This information is for education purpose only. So, please consult your financial advisor for any investment/trading advise.
Have a nice day!!
@Sacredmonkey
Pivotstrategy
Nifty Trading Plan - 13th July
Summary
► HTF is again is crucial demand zone. DTF has a "Inverse Hammer" candle, which infers "Negative" bias".
► Pivot analysis infers Trading Range DAY bias.
► Any upward movement is an opportunity to sell, provided it's in right levels.
► Support levels 15633/15605
► Resistance levels 15780/15745
► Demand zone will have lot of buyers, so don’t sell at first chance, wait for an uprise and check for strength of candles before committing.
► Crucial zone is "confluence zone". Watch closely to trigger for momentum and taking trades.
**********************************************************************************
Step 1 - Strategies to be deployed -
l Open drive rejection.
l PPT.
l Evening star.
l RCR
l CPRRVL
Step 2 - Trading Plan
1. Any bullish PA above 15795 is stop of 15773 and target of 15836.
2. Any bullish PA above 15720 is quick scalp with stop of 15699 target of 15743.
3. Any bullish PA above 15647 is stop of 15626 and target of 15691.
4. Any bearish PA below 15691 is short with stop of 15717 and target of 15652.
5. Any bearish PA below 15625 is short with stop of 15645 and target of 15585.
This information is for education purpose only. So, please consult your financial advisor for any investment/trading advise.
Have a nice day!!
@Sacredmonkey
Nifty Trading Plan - 08th JulySummary
l HTF is again is supply zone. DTF has a "WRC" candle, which infers "Positive" BIAS".
l Pivot analysis infers TRADING RANGE DAY bias and due to overlapping wide range CPR.
l 15916 to 15885 is a resistance level and any weakness at this zone should be a selling opportunity.
l Support levels 15793/15735
l Resistance levels 15916/15879.
l Market is moving in a very tight range and volatility is getting contracted every day, which infers there is huge move coming.
l As long as price is above MPP, scalp for short positions. I am majority bullish from 2 weeks. Any selling is a short term move and should be used as an opportunity to scalp only. Start accumulating to go LONG from support zones.
**********************************************************************************
Step 1 - Strategies to be deployed -
l Open drive rejection.
l PPT.
l Evening star.
l RCR
l CPRRVL
Step 2 - Trading Plan
1. Any bullish PA above 15850 is quick scalp with stop of 15831 and target of 15882 .
2. Any bullish PA above 15895 is long with stop of 15875 target of 15926.
3. Any bearish PA below 15920 is short with stop of 15941 and target of 15889.
4. Any bearish PA below 15837 is short with stop of 15856 and target of 15808.
This information is for education purpose only. So, please consult your financial advisor for any investment/trading advise.
Have a nice day!!
@Sacredmonkey
Nifty Trading plan - 25the JuneSummary
l HTF trend is bullish and any weakness is an opportunity to buy. Market I believe is soaking all supply hence, expect market to consolidate before moving upwards.
l DTF candle pattern is a bullish Doji. So, expecting a breakout above 15860 to finally see new highs.
l 15439 is critical level to breach in convincing manner for me to change view from Bullish to Bearish in Medium term.
l Pivot analysis infers TRENDING bias and expect big move if market sustains above 15760
l Support levels 15760/15735
l Resistance levels 15828/15860.
l Trending day probability is high. Opening print will confirm direction.
**********************************************************************************
Step 1 - Strategies to be deployed -
l Open drive rejection
l PPT.
l Evening star.
l RCR
l CPRRVL
Step 2 - Trading Plan
1. Any bullish PA above 15772 is long with stop of 15761 and target of 15821.
2. Any bullish PA above 15760 is a long with stop of 15735 and target of 15806.
3. Aggressive long above 15843 with stop at 15817 and target of 15893.
4. Any bearish PA below 15733 is a quick scalp with stop of 15757 and target of 15701.
5. Aggressive short below 15699 is short with stop of 15729 and target of 15651.
This information is for education purpose only. So, please consult your financial advisor for any investment/trading advise.
Have a nice day!!
@Mockingbanana
NIfty Blueprint - June 14th 2021*******************************************************************
NIFTY SPOT- Blue Print for 14 -Jun-2021
*******************************************************************
Market Structure/Trend Analysis/Chart Pattern.
l Chart Pattern - Higher High structure
l DTF Pivot Trend - Higher High Structure
l WTF Pivot Trend - Higher High Structure
l MTF Pivot trend - Higher High Structure
l DTF Price Action - Doji
Daily Pivots Analysis.
l Weekly Pivot - Pending
l Daily Pivot - Higher value Relationship - Trending day
l Pivot Width Analysis - Trending day - 0.03
l Average Daily range - Trending day - 85
l GPZ - No GPZ
Option Chain Analysis
l Open interest - 15800/15700 are major SZ and 15800/16000 are major RZ . Calls and puts both have increased at same rate.
l PCR (Contrarian) - 1.01 - Bullish
l FII Option data - Bearish
l FII Futures data - Mild negative.
l FII Stock data - Mild positive.
Summary
l HTF trend is still bullish but, there is a DOJI again which means, will need confirmation on Monday on direction. So, wait and watch before taking trade.
l Pivot analysis infers bullish bias and will be a very high probable trending day. If nifty breaks CPR then, there will be very high chances of market breaking trend and again forming lower high structure. Watch out for 15800/15750 levels for support and 15850 for key resistance zone.
l Option chain analysis also infers inconclusive bias. Since, both buyers and sellers are of same strength with very slight advantage to BEARS. WAIT & WATCH before taking trade for direction.
VERDICT
WAIT & Watch to infer direction. Market will trend but, direction is still not conclusive. Bears have slight advantage, but not with conviction and same can be determined by opening print. Personally though I AM BULLISH, carrying long positions in multiple nifty 50 stocks. ( not a recommendation)
**********************************************************************************
Step 1 - Strategies to be deployed -
l Open drive rejection
l PPT.
l CPRRVL
Step 2 - Trading Plan
1. Any bullish PA at 15790/800 levels is a long with stop of 15780 and target of 15830.
2. Any bullish PA at 15750/30 is long with stop of 15700 and target of 15800
3. Aggressive longs above 15850 only with stop of 15825 and target of 15880.
4. Any bearish PA below 15770 is a short with stop of 15790 and target of 15730
5. Any bearish PA below 15840 is a short with stop of 15860 and target of 15800.
6. Aggressive shorts below 15730 with stop of 15760 and target of 15670.
Have a nice day!!
@SacredMonkey
Nifty Trading Plan - 7th July 2021
Summary
l HTF is again is bearish zone. DTF has a "Inverted Pin bar" candle, which infers "NEGATIVE" BIAS".
l Pivot analysis infers TRADING RANGE DAY bias and due to wide range CPR.
l 15916 to 15885 is a resistance level and any weakness at this zone should be a selling opportunity.
l Support levels 15793/15735
l Resistance levels 15916/15879.
l Market is moving in a very tight range and volatility is getting contracted every day, which infers there is huge move coming.
l As long as price is above MPP, scalp for short positions. Post it breaks 1596 zone with a bearish candle. Start shorting with 1:2 ratio. Until then am bullish.
**********************************************************************************
Step 1 - Strategies to be deployed -
l Open drive rejection.
l PPT.
l Evening star.
l RCR
l CPRRVL
Step 2 - Trading Plan
1. Any bullish PA above 15850 is quick scalp with stop of 15831 and target of 15882 .
2. Any bullish PA above 15916 is long with stop of 15898 target of 15946.
3. Any bearish PA below 15842 is short with stop of 15864 and target of 15809 .
4. Any bearish PA below 15798 is short with stop of 15820 and target of 15774.
This information is for education purpose only. So, please consult your financial advisor for any investment/trading advise.
Have a nice day!!
@Sacredmonkey
Nifty Trading Plan - 02 July
Summary
l HTF is again is bearish zone. DTF has a "Bearish SRC" candle, which infers "NEGATIVE" BIAS".
l Pivot analysis infers MILD TRENDING DAY bias and due to narrow range CPR.
l 15696 is a resistance level and any weakness at this level should be a selling opportunity.
l Support levels 15673/15605
l Resistance levels 15735/15753.
l Market is moving in a very tight range and volatility is getting contracted every day, which infers there is huge move coming.
l HTF MPP further confirms above point and has formed a narrow CPR. Market has also closed inside MPP zone. So, big players will make the move. Have patience before u jump in. Play wise and keep your position size in control.
l No trade zone 15713 to 15684.
**********************************************************************************
Step 1 - Strategies to be deployed -
l Open drive rejection.
l PPT.
l Evening star.
l RCR
l CPRRVL
Step 2 - Trading Plan
1. Any bullish PA above 15738 is quick scalp with stop of 15718 and target of 15762.
2. Any bullish PA above 15756 is long with stop of 15735 target of 15792.
3. Aggressive long above 15798 is long with stop of 15833 and target of 15839 .
4. Any bearish PA below 15681 is short with stop of 15703 and target of 15637.
5. Any bearish PA below 15636 is quick scalp with stop of 15656 and target of 15606.
6. Aggressive short above 15598 is short with stop of 15618 and target of 15553.
This information is for education purpose only. So, please consult your financial advisor for any investment/trading advise.
Have a nice day!!
@Sacredmonkey
Nifty Trading Plan - 30th JuneSummary
l HTF is again in a make or break zone. DTF has a "Bearish SRC" candle, which infers "NEGATIVE" BIAS".
l Pivot analysis infers MILD TRENDING DAY bias and due to narrow range CPR.
l 15793 is a resistance level and any weakness at this level should be a selling opportunity.
l Support levels 15735/15674
l Resistance levels 15723/15793.
l Market has been quietly trading hence, trending day can be a high probability.
We are in a 15735 zone from where market gapped up, hence we can expect reversal else a further fall. So, don't rush into trades.
**********************************************************************************
Step 1 - Strategies to be deployed -
l Open drive rejection.
l PPT.
l Evening star.
l RCR
l CPRRVL
Step 2 - Trading Plan
1. Any bullish PA above 15795 is long with stop of 15772 and target of 15835.
2. Any bullish PA above 15726 is long with stop of 15705 target of 15769.
3. Aggressive long above 15856 is long with stop of 15833 and target of 15900.
4. Any bearish PA below 15751 is short with stop of 15774 and target of 15706.
5. Any bearish PA below 15831 is short with stop of 15856 and target of 15780.
6. Aggressive short above 15699 is long with stop of 15722 and target of 15656.
This information is for education purpose only. So, please consult your financial advisor for any investment/trading advise.
Have a nice day!!
@Sacredmonkey
Nifty Trading Plan - 29th June Summary
l HTF is again in a make or break zone. DTF has a "Bearish WRC" candle, which infers "NEGATIVE" BIAS".
l Pivot analysis infers TRADING RANGE bias and due to wide range CPR. But, since today was a silent day, I can still sense a chance of trend for at least part of a session if not more.
l 15901 is a critical level and any rise should be a selling opportunity for short term.
l 15439 is critical level and unless its breached in convincing manner my view will be bullish in medium term.
l Support levels 15793/15735
l Resistance levels 15901.
l Fade the edges if its trading range day.
**********************************************************************************
Step 1 - Strategies to be deployed -
l Open drive rejection.
l PPT.
l Evening star.
l RCR
l CPRRVL
Step 2 - Trading Plan
1. Any bullish PA above 15857 is long with stop of 15830 and target of 15890.
2. Any bullish PA above 15774 is long with stop of 15745 target of 15825.
3. Any bearish PA below 15825 is short with stop of 15853 and target of 15782.
4. Any bearish PA below 15885 is short with stop of 15913 and target of 15841.
This information is for education purpose only. So, please consult your financial advisor for any investment/trading advise.
Have a nice day!!
@Sacredmonkey
Nifty Trading Plan - 28the JuneSummary
l HTF is again in a make or break zone. DTF has a "Hammer" candle hence, probability of breakouts is high.
l 15901 is a critical level and if breakout fails again, we may see bearishness to test support again.
l 15439 is critical level and unless its breached in convincing manner my view will be bullish in medium term.
l Pivot analysis infers MILD-TRENDING bias and expect big move if market sustains above 15901.
l Support levels 15833/15795
l Resistance levels 15901.
l Stay out and watch unless you are breakout trader.
**********************************************************************************
Step 1 - Strategies to be deployed -
l Open drive
l PPT.
l Evening star.
l RCR
l CPRRVL
Step 2 - Trading Plan
1. Any bullish PA above 15830 is long with stop of 15805 and target of 15885.
2. Any bullish PA above 15877 is a quick scalp with stop of 15857and target of 15900.
3. Aggressive long above 15915 with stop at 15891 and target of 15969.
4. Any bearish PA below 15817 is short with stop of 15847 and target of 15765.
5. Aggressive short below 15767 is short with stop of 15795 and target of 15726.
This information is for education purpose only. So, please consult your financial advisor for any investment/trading advise.
Have a nice day!!
@Mockingbanana
Nifty Trading Plan - 24th June Summary
HTF trend is bullish and any weakness is an opportunity to buy. Market I believe is soaking all supply hence, expect market to consolidate before moving upwards.
15469 is critical level and only if its breached in convincing manner, then my view will change from Bullish to Bearish in Medium term.
Pivot analysis infers SIDEWAYS bias But, since its expiry expect wild movement due to presence of GAMMA and loss of THETA.
Support levels 15630/15670
Resistance levels 15735/15800.
Fade the edges in sideways market and book quick profits.
**********************************************************************************
Step 1 - Strategies to be deployed -
Open drive rejection
PPT.
Evening star.
RCR
CPRRVL
Step 2 - Trading Plan
Any bullish PA above 15625 is long with stop of 15597 and target of 15676.
Any bullish PA above 15685 is a long with stop of 15657 and target of 15739.
Aggressive long above 15868 with stop at 15840 and target of 15913.
Any bearish PA below 15733 is a short with stop of 15761 and target of 15676.
Any bearish PA below 15614 is a quick scalp with stop of 15642 and target of 15572 .
This information is for education purpose only. So, please consult your financial advisor for any investment/trading advise.
Have a nice day!!
@Sacredmonkey
Nifty Trading plan - 23rd JuneSummary
l HTF trend is bullish and any weakness is an opportunity to buy. Market I believe is soaking all supply hence, expect market to consolidate before moving upwards.
l Pivot analysis infers neutral bias, so direction is difficult to judge. Hence, opening print will confirm direction.
l Support levels 15700/15660.
l Resistance levels 15900/15850.
l Wait till market confirms direction and the take trade.
**********************************************************************************
Step 1 - Strategies to be deployed -
l Open drive rejection
l PPT.
l Evening star.
l RCR
l CPRRVL
Step 2 - Trading Plan
1. Any bullish PA above 15815 is a long with stop of 15787 and target of 15860.
2. Any bullish PA above 15720 is a long with stop of 15692 and target of 15778.
3. Aggressive long above 15900 with stop at 15870 and target of 15960.
4. Any bearish PA below 15800 is a short with stop of 15828 and target of 15748.
5. Any bearish PA below 15710 is a short with stop of 15743 and target of 15672.
This information is for education purpose only. So, please consult your financial advisor for any investment/trading advise.
Have a nice day!!
@Mockingbanana
Nifty Trading Plan - 22nd JuneSummary
l HTF trend is turning BEARISH/SIDEWAYS and there is an "Wide range candle" in DTF which means this zone has confirmed good support. However, we will see sideways for short term before it makes new high. So, probability of "CONSOLIDTAION" is high.
l Pivot analysis infers SIDEWAYS bias as well. So, expect TRADING RANGE day.
VERDICT
l Market looks Sideways and any weakness is an opportunity to buy.
l 15630/650 will be key levels to watch for BUYING and support at 15850/15870.
l Fade the edges and book quick profits, since its "trading range day".
**********************************************************************************
Step 1 - Strategies to be deployed -
l Open drive rejection
l PPT.
l Evening star.
l RCR
l CPRRVL
Step 2 - Trading Plan
1. Any bullish PA above 15630 is a long with stop of 15601 and target of 15700.
2. Any bullish PA above 15670 is long with stop of 15636 and target of 15709.
3. Any bearish PA below 15840 is a short with stop of 15870 and target of 15796.
4. Any bearish PA below 15785 is a short with stop of 15815 and target of 15730.
This information is for education purpose only. So, please consult your financial advisor for any investment/trading advise.
Have a nice day!!
@Mockingbanana
Nifty Trading plan - 21st JuneSummary
l HTF trend is turning BEARISH and there is a INVERTED Hammer in DTF and WTF which means, market looks bearish. However, MTF candle is DOJI. So, if this also shows weakness by month end. I think, we will look at beginning of downtrend which means we can go sideways and lot of whiplashes can be seen.
l Pivot analysis infers bearish bias and will be a sideways/trading range day.
VERDICT
l Market looks bearish to sideways and any weakness is an opportunity to sell.
l 15750/800 will be key levels to watch for selling and support at 15550/15600.
l Fade the edges and book quick profits, since its "sideways day".
**********************************************************************************
Step 1 - Strategies to be deployed -
l Open drive rejection
l PPT.
l Evening star.
l RCR
l CPRRVL
Step 2 - Trading Plan
1. Any bullish PA above 15630 level is a long with stop of 15605 and target of 15683.
2. Any bullish PA at 15600 is long with stop of 15570 and target of 156340.
3. Aggressive longs above 15768 only with stop of 15747 and target of 15822.
4. Any bearish PA below 15760 is a short with stop of 15777 and target of 15700.
5. Any bearish PA below 15597 is a short with stop of 15625 and target of 15561.
6. Aggressive shorts below 15448 with stop of 15502 and target of 15414.
Personally, I may even sell a straddle if there is no big candle/movement by 9:50am. keep your position size in control.
This information is for education purpose only. So, please consult your financial advisor for any investment/trading advise.
Have a nice day!!
@Mockingbanana
Nifty Trading plan - 18th JuneSummary
l HTF trend is still bullish but, there is a DOJI again which means, will need confirmation on Wednesday for direction. So, wait and watch before taking trade.
l Pivot analysis infers bearish bias and will be a very high probable trending day. But, with less conviction since ADR is not aligning with CPR width.
VERDICT
WAIT & Watch to infer direction. Market will TREND and I am BEARISH currently. Wait till market forms a structure above or below CPR.
15600 may be good buying levels but, sellers may overwhelm and take it to 15500 levels and 15750 may be good level to sell.
**********************************************************************************
Step 1 - Strategies to be deployed -
l Open drive rejection
l PPT.
l CPRRVL
Step 2 - Trading Plan
1. Any bullish PA above 15643 level is a long with stop of 15625 and target of 15681.
2. Any bullish PA at 15708 is long with stop of 15686 and target of 15749.
3. Aggressive longs above 15774 only with stop of 15752 and target of 15819.
4. Any bearish PA below 15730 is a short with stop of 15746 and target of 15697
5. Aggressive shorts below 15584 with stop of 15605 and target of 15541 .
This information is for education purpose only. So, please consult your financial advisor for any investment/trading advise.
Have a nice day!! NSE:NIFTY
@Mockingbanana
Nifty Trading Plan- 16th June*******************************************************************
NIFTY SPOT- Blue Print for 16 -Jun-2021
*******************************************************************
Market Structure/Trend Analysis/Chart Pattern.
l Chart Pattern - Higher High structure
l DTF Pivot Trend - Higher High Structure
l WTF Pivot Trend - Higher High Structure
l MTF Pivot trend - Higher High Structure
l DTF Price Action - Doji
Daily Pivots Analysis.
l Weekly Pivot - Higher value Relationship - Trending day
l Daily Pivot - Higher value Relationship - Trending day
l Pivot Width Analysis - Trending day - 0.13
l Average Daily range - Trending day - 59.20
l GPZ - Weekly GPZ
Key levels.
l PDH/PDL - Done.
l PD Turning Points - None
l PD Supply and Demand Zone (1HR TF) - Done
l Swing High/Low - Done
l Gaps - Done
l Virgin CPR - Done
Summary
l HTF trend is still bullish but, there is a DOJI again which means, will need confirmation on Wednesday for direction. So, wait and watch before taking trade.
l Pivot analysis infers bearish bias and will be a very high probable trending day. If nifty sees resistance at CPR then, there will be very high chances of market breaking trend and again forming lower high structure. Watch out for 15800/15770 levels for support and 15900 for key resistance zone.
VERDICT
WAIT & Watch to infer direction. Market will SUPER TREND . I am BEARISH currently but, market open above CPR my view will be bullish and will be buy at dips market. direction can be confirmed from opening print. I want to highlight fear is extremely high in market and any bad news can shake confidence and market can fall.
My suggestion take trades at confluence or HTF support and resistance zones. Keep ur position size small.
**********************************************************************************
Step 1 - Strategies to be deployed -
l Open drive
l PPT.
l CPRRVL
Step 2 - Trading Plan
1. Any bullish PA at 15810 levels is a long with stop of 15791 and target of 15850.
2. Any bullish PA at 15875 is long with stop of 15856 and target of 15930.
3. Aggressive longs above 15900 only with stop of 15890 and target of 15950.
4. Any bearish PA below 15870 is a short with stop of 15890 and target of 15830
5. Aggressive shorts below 15812 with stop of 15838 and target of 15776 .
This information is for education purpose only. So, please consult your financial advisor for any investment/trading advise.
Have a nice day!!
@SacredMonkey
SHORT OPPORTUNITIES IN QUESS, LT, NH, REL, SBINThe key levels to watch out for trading next session are mentioned in the video. Trade as per the levels mentioned after finding a suitable candle patterns at support and resistance levels.
For the accurate levels, Follow me on trading view and Insert this indicator from library or from my profile under Scripts.
Happy trading.
NIFTY and BANKNIFTY Trade plan for 15th Apr ThursdayKindly watch the fill video to understand the important key levels to watch out for trading Nifty and Banknifty to trade. To find these exact levels, you can install my Indicators and use them for trading.
To know more about these Indicators you can visit my channel PIVOT EDGE where you can find detailed explanation videos and you can also join my live trading sessions daily.
Happy trading
Mohan
NIFTY & BANKNIFTY TRADE PLAN for 9th Apr - MondayThe key levels to watch out are mentioned in the video. Trade as per the levels mentioned after finding a suitable candle patterns at support and resistance levels.
For the accurate levels, Follow me on trading view and Insert this indicator from library or from my profile under Scripts.
Happy trading.
SHORT Opportunities for 12 - 16 AprThe key levels to watch out are mentioned in the video. Trade as per the levels mentioned after finding a suitable candle patterns at support and resistance levels.
For the accurate levels, Follow me on trading view and Insert this indicator from library or from my profile under Scripts.
Happy trading.
LONG Opportunities for 12-16 AprThe key levels to watch out are mentioned in the video. Trade as per the levels mentioned after finding a suitable candle patterns at support and resistance levels.
For the accurate levels, Follow me on trading view and Insert this indicator from library or from my profile under Scripts.
Happy trading.
NIFTY & BANKNIFTY TRADE PLAN for Monday - 5th AprilHello All,
Please watch this video completely where I have clearly mentioned the possible Entry and exit levels for both NIFTY and BANK NIFTY for Monday as well as for the following days till next week expiry.
Further to get these accurate levels, you can subscribe o my Indicator and follow the levels it plots. For live guidance you can join my daily live session during market hours on my channel PIVOT EDGE.
If you like my analysis and also the Indicators that I have published, you can press like button and follow me on Trading view.
Happy trading.
Mohan