My Favorite Indicators for IntradayThe Indicators which I Use for Trading Intraday is,
Pivot Points High Low (HH/HL/LH/LL)
SuperTrend
ATR Smoothed (By dysrupt)_BuySell version.
These are all the Indicators which i use for trading Intraday on, FOREX, Crypto, Stocks
The Indicators Mentioned above are Tremendously powerful for booking Profits.
1 minute TimeFrame is best, for taking Profits Early.
The Indicators mentioned above has a 100% Accuracy Rate.
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Strategy!
Negative Divergence in Daily chart of GrasimGrasim showing weakness in momentum after a long run up to 1450 levels, currently trading at 1367.
Loss of momentum is evident in RSI divergence as pointed out on the chart.
One can look to short this stock with SL above 1450 on closing basis.
Note: Result is expected to be announced on Monday for this stock, so keep you risk under control.
Options trading plan:
One can Sell 1450 strike call @ around 14 And Buy 1500 strike call @ around 7.5
Lot size: 475
Margin required: (~) Rs 46000
Max reward: Rs 3087
Max Risk: Rs 20660 (Defined risk strategy)
Do you own analysis before action upon this idea. All the best.
Nifty Intraday Trade Setup | 8th April 2021As analyzed it was a Volatile day due to the Credit Policy. We saw the gap-up opening and soon it tested our Buy Level and went up, as per set-up we didn't get the entry as it was done within 15 mins.
I mentioned Spanattack (time-based price action) Strategy which is giving around 80% accuracy until now.
All our Trading Rooms would get Spanattack Strategy before market hours.
Expectations: Range-bound day.
Intraday Levels:
Buy Above 14885
Sell Below 14925
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
#Nifty Trade Setup For Friday ( 26th March)As I told you on yesterday that Nifty can fill the gap between 14350-14450.
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And actually today, same thing happened.
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As you see, after filling the Gap Nifty reversed from 14270.
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So maybe on tomorrow market can be in the range bound. Last week same it's happened.
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We will buy CE After Nifty cross 14500.
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We will buy PE after Nifty go below 14200.
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You can give your valuable feedback in comment box.
NIFTY TRADE SETUP FOR WEDNESDAY
Told you buy on Dip till Nifty sustain
above 14650.
Tomorrow again we will look for buy on dip
again till nifty sustain above 14750.
will long above 14830 and sell below 14730.
Market moving in both direction so scalping is
best method ,
Scalping level mention in chart.
BANKNIFTY ON 15 mins chart Banknifty is getting weaker every time it tries to touch 200 ma. Before closing of the day, BNF tried to break MA but couldn’t sustain. Based on price action we can analyze that there’s a breakout of a trendline but it’s fake because we have 200 ma just above the current price. Also we have a good Fibonacci 38.2% level that can act as a reversal. So looking at ever data available we think BANKNIFTY maybe end in RANGE MARKET between 33500- 34500. Tomorrow by opening if BANKNIFTY opens above 200 MA look for long positions but if BNF sustains below 200 ma , one should look for hedging or short position.
XAUUSD, expecting slight bullish upto 1760 area, Mar 22- 26Gold against Dollar have been bullish for last 2 weeks, almost it reached the area of the price where it was in starting of March, So close to enter a new month expecting Gold may go up in coming weeks, this week it could be slightly bullish or in sideways..
Analysis only for education purpose