Nifty Trade Setup for 05 JULY 2022Nifty Trade Setup for 05 JULY 2022
Nifty expected to open flat to small gap down opening.
Nifty is bullishly aligned for the day and we have a strong support at Bullish Reversal Zone of 15783. Expecting the market to be trading in a previous session range if PDH is not taken on the upside.
Buy Opportunity :
We have Buyers seated around Bullish Reversal Zone & at S1 Supports today. In case of any support confirmation around these levels we can expect Nifty to rally to test sellers presence at Bearish Reversal & R1 Resistance.
Any Breakout of R1 & Bullish BO we can expect Higher targets as indicated by the indicator.
Sell Opportunity :
We have sellers presence around Bearish Reversal / R1 today and any rejection from these zones we can expect a pull back to PDH & then Bullish reversal.
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Bank Nifty Trade Setup for 04 JULY 2022Bank Nifty Trade Setup for 04 JULY 2022
Bank Nifty expected to open flat to small gap down opening.
Bank Nifty is bullishly aligned for the day and expect to trade in a range bound setup.
Sell Opportunity :
Any resistances from Bearish Reversal for PDH with sell triggers can opt for short opportunities with Possible targets of Bullish Reversal zone & then can trial for S1/PDL
Buy Opportunity :
In case if Bullish Reversal confirms any support by creating a buy trigger entry then we can expect possible upside target of PDH & then can trial for R1 / Bullish BO.
Nifty Trade Setup for 04 JULY 2022Nifty Trade Setup for 04 JULY 2022
Nifty expected to open flat to small gap down opening.
Expect Nifty to trade in range bound mode today.
Sell Opportunity :
Previous day V-CPR is a good resistance for Nifty, any sell trigger around this price levels would initiate sell for target of Bullish Reversal & then can trail for S1 & PDL.
Buy Opportunity :
In case if Bullish Reversal confirms any support by creating a buy trigger entry then we can expect possible upside target of Previous day CPR & then can trial for R1 & Bullish Breakout.
Bank Nifty Weekly Analysis for 27 JUN to 01 JUL 2022Bank Nifty Weekly Analysis for 27 JUN - 01 JUL 2022
Bank Nifty is bullishly aligned for the week.
First day of the week, we are expecting a gap up opening in bank Nifty around Bearish Reversal to R1 Resistance level (34100).
Buying Opportunity :
In case if R1 is taken on the upside and sustains we can expect Bank Nifty test out possible Target 1 & Target 2 for the week.
During the week in case we find Bank around CPR levels again , we can again look for Buying opportunity.
Selling Opportunity :
34100 level is the key level to watch out, any resistance at R1 or Bearish Reversal Zone getting compromised we can look for shorting opportunity till Weekly CPR.
In case if BN takes out R1 & tests out Target 1 & Target 2 and resistance confirmation at T1/T2 is formed we can short with tight SL and sit for target of Weekly R1.
Nifty Weekly Analysis for 27 JUN to 01 JUL 2022Nifty Weekly Analysis for 27 JUN - 01 JUL 2022
Nifty is bullishly aligned for the week.
First day of the week, we are expecting a gap up opening in Nifty around R1 resistance level (15900).
Buying Opportunity :
In case if R1 is taken on the upside and sustains we can expect Nifty test out Bullish Breakout zone and also possible Target 1 & Target 2 for the week.
Selling Opportunity :
16000 level is the key level to watch out, any resistance at Bullish Breakout & R1 getting compromised we can look for shorting opportunity.
Any resistance at T2 we can expect Nifty to be in the range for rest of week may be again test out 16000 & then pull back.
Bank Nifty Trade Setup for 24 JUNE 2022Bank Nifty Trade Setup for 24 JUNE 2022
Bank Nifty is expected to open around Bearish Reversal Zone with Bullish alignment.
Long Opportunity :
In case if it sustains above Bearish Reversal zone & provides opportunity to enter long we can expect R1 & Bullish Break out as the first target.
In case Bullish Break out sustains we can expect Target 1 / Target 2 on upside today.
Short Opportunity :
In case Bullish BO provides resistance and R1 is compromised or R1 provides a resistance trigger we can expect Bank Nifty to again test Bullish Reversal Zone & then lower levels can be tested.
Nifty Trade Setup for 24 JUNE 2022Nifty Trade Setup for 24 JUNE 2022
Long Opportunity :
Nifty expected to open gap up around Bearish Reversal Zone and if that sustains on opening we can expect Nifty to test R1 & Bullish Break out zones.
In case Bullish Break out sustains we can expect Target 1 / Target 2 on upside today.
Short Opportunity :
In case Bullish BO provides resistance and R1 is compromised we can expect Nifty to again test Bullish Reversal Zone.
Bank Nifty Trade setup for 16 JUNE 2022Bank Nifty Trade setup for 16 JUNE 2022
Expecting a gap up opening in Bank nifty around R1 resistance zones.
In case if it sustains above R1 then we can expect a possible up move towards PDL / Target 1 / Target 2.
Any breakdown of R1 we can possible expect to test CPR & PDC / PDL.
Expecting to be in a range bound today if R1 is compromised early.
Nifty Trade setup for 16 JUNE 2022Nifty Trade setup for 16 JUNE 2022
Expecting a gap up opening in nifty around 15800 levels which seems to be a good resistance.
In case if Nifty could not sustain above 15800 on opening and creates any supply then we can expect Nifty to test CPR levels.
If CPR is compromised then we can expect PDL
In case if it sustains above 15800 then we can expect upper targets of PDH & 15900 levels to be tested.
Bank Nifty trade setup for 09 JUNE 2022Bank Nifty trade setup for 09 JUNE 2022
Bank Nifty is bearishly aligned for the day. Closing was below the next day CPR and opening is expected to be around S1 Support levels.
In case of S1 Support confirms resistance we can expect 36500 / 36400 Targets today.
If it pulls back above S1 we can expect CPR to be tested again and will be range bound day.
Nifty trade setup for 09 JUNE 2022Nifty trade setup for 09 JUNE 2022
Nifty is bearishly aligned for the day. Closing was below the next day CPR and opening is expected to be between Bullish Reversal to S1 Support zone.
In case of any support confirmation at S1 we can expect a pull back to CPR and may be even R1 getting tested it would be in a range bound.
A break out of S1 we can expect lower targets getting tested.
Bank Nifty Trade Setup for 08 JUNE 2022Bank Nifty Trade Setup for 08 JUNE 2022
Bank Nifty too have a very narrow CPR & hence good volatile movement can be expected today, hence trade safe.
Expect Bank Nifty to open gap up around R1 & if R1 & Bull BO is taken out we can expect it to test out Target 2.
In case of Resistance from R1/PDH, we can expect Bank Nifty to test again Bull Reversal / PDL.
A break down of PDL we can expect lower targets of T2 & lower.
Nifty Trade Setup for 08 JUNE 2022Nifty Trade Setup for 08 JUNE 2022
Nifty had a good recovery during the closing in the yesterday session. We have a narrow CPR in Nifty & can expect good volatality.
Expect Nifty to open gap up around R1 & if R1 & Bull BO is taken out we can expect it to test out Target 2.
In case of Resistance from R1/PDH, we can expect Nifty to test again Bull Reversal / PDL.
A break down of PDL we can expect lower targets of T2 & lower.
Bank Nifty Trade Setup for 03 JUNE 2022Bank Nifty Trade Setup for 03 JUNE 2022
Expecting a gap up opening in Bank Nifty around R1 resistance levels.
In case if the price sustains above R1 then we can possibly expect T1 / T2 targets on break out of Bullish Break out zone.
Any resistance from R1 on opening and confirms a supply zone we can expect test of CPR.
Nifty Trade Setup for 03 JUNE 2022Nifty Trade Setup for 03 JUNE 2022
Nifty expected to have gap up opening today around Bull Break Oout Zone.
In case if Nifty sustains above Bull BO zone then we can expect possibly T1 target.
Any rejection at Bull BO zone we can possibly expect Nifty to test out PDH & CPR.
Bank Nifty Trade Setup for 02 JUNE ExpiryBank Nifty Trade Setup for 02 JUNE Expiry
Bank Nifty is looking much bullish when compared to Nifty.
Expecting a gap down opening in Banknifty too around Bull Reversal zones.
In case of Bearish BO / PDL getting compromised we can expect some selling pressure in BN to testout T1/T2.
Any support at Bearish BO and support getting formed we can expect BN to test CPR/ Bull Reversal zones for quick scalp.
Nifty Trade Setup for 02 JUNE ExpiryNifty Trade Setup for 02 JUNE Expiry
Bearish alignment in the market and looks like a gap down opening around S1 Support.
In case if S1 Support or Bearish BO is compromised we can expect lower targets as plotted on the chart.
Market looks to be sell on rise today until any green candle close above Bearish Reversal zone for taking safe long position.
Bank Nifty Trade Setup for 30 MAY 2022Bank Nifty Trade Setup for 30 MAY 2022
Expecting a gap up opening in Bank Nifty around Bullish Breakout zone.
Any resistance around the opening high we can expect Nifty to test R1 / Bearish Reversal Zone once and then find a new support to bounce on the upside targets.
In case Bullish Break out is taken out on the upside we can expect Nifty to test T2 targets today & higher.
In case Bearish Reversal is compromised on the lower side we can expect Nifty to test out CPR & find support at CPR before any bounce back to upside.
Nifty Trade Setup for 30 MAY 2022Nifty Trade Setup for 30 MAY 2022
Expecting a gap up opening in Nifty around Bullish Breakout zone.
Any resistance around the opening high we can expect Nifty to test R1 / Bearish Reversal Zone once and then find a new support to bounce on the upside targets.
In case Bullish Break out is taken out on the upside we can expect Nifty to test T2 targets today & higher.
In case Bearish Reversal is compromised on the lower side we can expect Nifty to test out CPR & find support at CPR before any bounce back to upside.
Bank Nifty Trade setup for 16 May 2022Bank Nifty Trade setup for 16 May 2022
Bank Nifty likely to have a gap up opening around Bearish Reversal Zone.
Structurally Bank Nifty is bearishly aligned for the day and at key support levels.
The immediate resistance for Bank nifty will be 33400 levels to again show good trend reversal.
In case of gap up opening and sustains above Bearish Reversal zone and we get buy triggers on indicators around these levels we can possibly go long for quick scalp to R1 & PDH.
Any confirmed sell trigger around R1 we can anticipate market to be in range and might again test out CPR range.
In case if T1 is taken out on upside we can expect higher markets targets.
Nifty Trade setup for 16 May 2022Nifty Trade setup for 16 May 2022
Nifty likely to have a gap up opening around Bearish Reversal Zone.
Structurally Nifty is bearishly aligned for the day and at key support levels.
The immediate resistance for nifty will be 16000 levels.
In case of gap up opening and sustains above Bearish Reversal zone and we get buy triggers on indicators around these levels we can possibly go long for quick scalp to R1 & PDH.
Any confirmed sell trigger around R1 we can anticipate market to be in range and might again test out CPR range.
In case if T1 is taken out on upside we can expect 16150 levels , previous V-CPR as the target.
Bank Nifty Trade Setup for 11 MAY 2022Bank Nifty Trade Setup for 11 MAY 2022
Bank Nifty is likely to open gap down around yesterday CPR levels which should provide good support.
In case S1 support is getting compromised we can expect to test T1/T2 target from where we can expect possible reversal.
Break down of T2 we can expect further selling in the market.
Nifty Trade Setup for 11 MAY 2022Nifty Trade Setup for 11 MAY 2022
Nifty is bearishly aligned.
Expecting a gap down opening in Nifty around Bearish Breakout zone. Any resistance from S1 / Bearish Breakout Zone we can expect Nifty to test out T1/T2 & even extended targets of 15900 levels before finding the support.
Any support confirmation at 15970 levels we can possibly look for a buying opportunity.
In case 15970 getting compromised further we can expect next support for nifty around 15800 & 15500 in coming days.