#Banknifty Trade Setup For Friday (30th April)Today Banknifty give the gap up opening and then correct and then range bound.
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So for simple Strategy that we follow.
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If Banknifty cross 34300 then we buy CE.
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If Banknifty goes down below 33390 then we buy PE.
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In Gap up or Gap down condition, we buy on dip and sell on high.
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You can give your suggestions in comment box.
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Tradesetup
#Nifty Trade Setup For Friday (30th April)Nifty Give the huge Gap up opening and then corrected.
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Now Nifty is ranging at the level of 14894.
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If Nifty goes above 15050 then you should for for CE.
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If Nifty goes down below 14740, then you should go for PE.
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Otherwise avoid position, market can go in a range bound.
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If Nifty give Gap up or Gap down Opening wait for the right time.
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You can give your suggestions in comment box.
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#Nifty Trade Setup For Thursday (29th April)Nifty is just near to breakout once it break 14890 level
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You can go for 15000 CE.
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Tomorrow is monthly Expiry so maybe Nifty can reach the level of 15000.
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But still if Nifty goes down below 14700, then you can go for PE.
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You can give you suggestion in comment box.
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#Banknifty Trade Setup For WednesdayIf Banknifty goes above 32820, You can go for CE.
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If Banknifty goes below 31734, You can go for PE
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But according to me market can give a slightly negative opening,
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Wait for the breakout Either You are buying PE or CE.
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You can give your feedback in comment box.
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#Banknifty Trade Setup For Monday (26th April)On Tomorrow market can give the gap up opening.
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If market give the gap up opening above 32230 then go for PE till 31700.
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If the market give the gap down Opening below 31700 then go for CE till 31700
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If the market give normal opening Go for CE once it cross 32230.
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You can give your feedback in comment box.
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#Nifty Trade Setup For Monday ( 26th April)So on Monday market can give the huge Gap up opening
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If Market give opening above 14550 Go for PE till 14360 and 14250.
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If Market give gap down Opening below 14247 then buy CE once it 14360.
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If Market give normal opening above 14360 you can go for 14450 CE and then 14550 CE.
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You can give your feedback in comment box.
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#Banknifty Trade Setup For Friday (23rd March)Today Banknifty goes 1000 point upside, Hop you buy earn well
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Tomorrow its possible that Banknifty goes in rangebound.
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For tomorrow
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If Banknifty Goes down below 31700 go for PE
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If Banknifty goes above 32300 you can go for CE.
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In Gap up or Gap down, wait for the correct time to entry
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You can give your suggestions in comment box.
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#Nifty Trade Setup For Friday ( 23rd April)Today Nifty give rise of 200 points, so for tomorrow maybe market in a range bound.
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For tomorrow there is simple Strategy.
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Buy CE if Nifty cross 14450.
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Buy PE if Nifty goes down below 14320.
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You can give your suggestions in comment box.
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#Nifty Trade Setup For Thursday (22nd April)As you see in the 15 minutes times frame, Market was bearish on yesterday.
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There is only a single advice just go with the trend, either its bearish or bullish.
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Buy PE till the level of 14450. If it's break you can go for CE.
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You can give your suggestions in comment box.
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NZDUSD AnalysisMy Technical Analysis
1. Bullish on weekly timeframe.
2. Broke down trendline on daily tf, hence buy bias.
3. Supported by the 50 EMA on 4h tf.
4. Nicely Rejected by the previous higher high and wick is near the 50 period ema on 1H tf.
5. Trendline break on 5min tf with a bullish engulfing candle.
RISK REWARD RATIO - 1 : 6.66
Guys, I just wanna say that if this (almost) impossible trade idea is a win then I deserve a Gold Medal for this XD.
I know by the time I finish typing this the trade might have progressed quite a bit but I'll try to figure it out for the next time.
Entry/Exit stuff
Entering on the Bullish engulfing candle that broke the down trendline on 5min tf - Stop loss below the swing low - Profit Target is on the weekly tf resistance line
About Myself
Hello Traders,
My name is Sid. A New trader in market, started 6 months ago, did a price action / technical analysis course recently and now I'm here to practice and test my skills in real time. I'll be sharing my analysis and my ideas on many forex pairs here. Would appreciate your support (like, share, comment, etc.) and I'll see you on the next episode of Drag.... I mean "REAL TIME TRADER" (still thinking of a gud name, plz recommend some)
See ya.
NIFTY | Rising Wedge Pattern 🎯⭕ Intraday Trading opportunity ! 5 Min Chart Alert !!!⭕
--Short Below =14357 or CMP
--Target = 14271 | 14207
--Stop-loss = 14397
--R:R =3.72
--lot size =75
--Expected Profit = 150 Points ( 1% ) = 11K per lot
--Expected Holding = 1-2 Days only
#ThankU For Checking Out Our Content , We Hope U Liked It 🎈
======================================================
⭕Technical Reasons to trade or Strategy applied :- ⭕
1) Rising Wedge Pattern
2) Safe Traders can wait for breakdown
3) Targets are based on pattern height & Support area
4) Sentiments is still down
_________________________________________
------------5 min Chart--------------
---------30 Min chart ---------------
Why to follow............. #TradeTheTip ?
📍No junk in our charts
📍Follow-up updates till the end
📍Detailed Price Action Analysis
📍10+ years of experience
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📍Covering Swing , Short-term & positional trading
📍Educational content
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DISCLAIMER Alert :-
❌ All Post are for Educational Purpose Only.
❌ Analyze your own before Considering mine.
❌ Know your RISK & HOLDING capacity.
❌ TradeTheTip is not responsible for any of your profit/Loss.
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#Nifty Trade Setup For Tuesday (20th April)You can see there is a huge gap between 14350 - 14600,
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Market will fill the gap but when we don't know.
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So for Tomorrow, we focus on simple Strategy.
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Till 14460, we will buy PE on sell on rise.
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If Nifty cross 14500 we can go for 14600 CE.
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You can give your suggestions in comment box.
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AUDCAD AnalysisMy Technical Analysis
1. AUDCAD broke the downtrend line on the daily timeframe and started its uptrend.
2. Price Respected the support zone on 4hr timeframe proving our buy bias.
3. Discovered a Divergence on the 1hr timeframe and price started a short term downtrend.
4. Recently Discovered another divergence on the 15min timeframe indicating a potential reversal.
5. Now waiting for market to give us conformation for entry by breaking the trendline (down) and 50 period EMA on 15min TF to continue the uptrend.
The Entry is expected to be somewhere around 0.9680 as showed on the chart.
Stop loss will be just below the Swing low / for tight stop loss - just below the 50EMA and the trendline breakout / or simply using the ATR indicator.
Take Profit Target will be the near swing high for safety / or move stop loss to break even at 1:1 RR and trail stop loss (recommended cause uptrend started on higher TFs and expected to go further).
About Myself
Hello Traders, I'm Sid a new trader in the market, started 6 months ago, did a price action / technical analysis course recently and now I'm here to practice and test my skills in real time. I'll be sharing my analysis on many forex pairs and my ideas here. Would appreciate your support (like, share, comment, etc.) and I'll see you on the next episode of Drag.... I mean Sid's Analysis.
Bye.
#Banknifty Trade Setup For Monday (19th April)As you see in the chart there is the downtrend line and Banknifty still below the breakout.
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For tomorrow we follow simple Strategy.
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We will buy CE once Banknifty breaks 32682, before that we can follow sell on rise strategy.
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We will buy PE once Banknifty go down below 31690.
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So on tomorrow banknifty can go in upward because yesterday hdfc Bank declare the Quarter 4 Results.
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In gap up and gap down Opening, we will wait for the right time.
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You can give your suggestions in comment box.
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Century Texttiles Wave Counting !!TREND ANALYSIS & TRADE SETUP !
Elliott Wave Counting !
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for entry setup, if available then Long/short.
Reward is 5-8 times .
#Banknifty Trade Setup For Thursday (15th April)As you see in the chart, there is strong support from upper side at 31700 levels,
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And strong resistance at 31700 from down side but yes it breaks in the last one hours.
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So for thursday there is a simple Strategy, if Banknifty go Above 32680 then you can buy CE.
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If Banknifty goes down below 30500 you can go for PE side.
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In gap up opening we will buy on dip till Banknifty goes till 14700.
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If Banknifty give gapdown opening will buy when Banknifty cross 14700.
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You can give your suggestions in comment box.
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#Nifty Trade Setup For Thursday (15th April)As so you see in the chart, that 14550 is a strong Resistance.
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In the morning Nifty try to break but failed. But in the last 1 hour Nifty Break that point and goes up.
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So for Tomorrow there is simple Strategy.
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If Nifty give normal opening, we will 14630 CE.
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If Nifty give gap up we will wait for the correction tilln14292 and then buy on dip.
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If Nifty give gap down Opening, if Nifty goes below 14250 thene there is a bearish moment.
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If it's recover then we will buy after 14450.
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You can give your suggestions in comment box.
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Nifty: Trade data break up and analysis Nifty
Futures Data
- Retail participants exited from 197 Index Futures Long Contracts & exited 5.07 Index Futures Short contracts
- FIIs exited 2.53 Index Futures Long Contracts and added 14.38 K Index Futures Short Contracts
- Proprietary traders added 5.93K Index Futures Long contracts and booked profits in 6.50 K Index Futures Short contracts
Call Option
- Retail participants added 4.43 Lakhs Call Long Contracts & added 2.92 Lakh Call Short contracts
- FIIs added 31.46 K Call Long Contracts and added 27.26 K Call Short Contracts
- Proprietary traders added 60.29 K Call Long contracts and added 2.15 Lakh Call Short contracts
Put Option
- Retail participants booked profits in 51.83 K Put Long Contracts & booked losses in 46.32 K Put Short contracts
- FIIs added 14.48 K Put Long Contracts and added 3.48 K Put Short Contracts
- Proprietary traders added 2.43 K Put Long contracts and added 10.86 K Put Short contracts
We observe retail traders actively buying Call Options
FIIs were Net neutral in Call options & Proprietary traders who were Net Index Long but they hedged their position with Net selling Calls Options
Majority of Call buyers would want a close above 14655 to be profitable
Majority of Call sellers, on the other hand, would be happy if Nifty stays below 14585 till 15-April-2021 expiry .
That's the psychological aspect of trade...
PCR is at 0.73
On charts, Nifty has broken below the Laxman Rekha. 14460 zone becomes crucial zone for Nifty
Important levels on the upside : 14460 / 14518 / 14575 / 14655
Important levels on the lower side : 14237 / 14187 / 14121 / 14078
Take care & be safe....
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
- We do our best to ensure that the data we release is complete, accurate and useful. However, because we do not create the data, and because the processing required to make the data useful is complex, we cannot be liable for omissions or inaccuracies
- The user expressly acknowledges that the Data may contain some nonconformities, defects, or errors.
- Neither Indiamarketoutlook nor the author shall be liable for any claim for any loss, or other damage arising from access to or use of data or information
#BankNifty Trade Setup for Monday (12th April)Banknifty Trade Setup for Monday.
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If Banknifty goes below 32400, then we will PE, Trendline showing that Banknifty is in downtrend.
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If Banknifty goes 32950, then we will buy CE.
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Note: In Gap up or Gap down Opening, we will wait for the right time.
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#Nifty Trade Setup For Thursday (08th April )As you see in the chart,
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Nifty Touch 14875 level two times and then reverse and
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Today same thing is happen. What I observed after reversed in the past Market give gap down Opening.
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So for tomorrow, there is only a simple Strategy.
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If Nifty cross 14875, we will Buy CE.
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If Nifty goes below 14700, we will buy PE.
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In Gap up or Gap down Opening we will wait for the right time.
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#Nifty Trade Setup For Wednesday (7th April)As you see in the Chart that,
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Nifty Touch 14780 Level multiple times and then reverse.
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Today also Nifty touch 14780 and then reverse.
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So for tomorrow there is a simple Strategy.
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If Nifty cross 14780, then we will buy 14900 CE.
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If Nifty goes down below 14630, we will buy 14500 PE.
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In Gap up or gap down case, we will wait for the right time.
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