Pre-market Analysis Nifty Bank Nifty 04 August 2023Market Recap
Nifty declined 0.74% to close at 19,381.65
Bank Nifty declined 1.07% to close at 44,513.45
India VIX declined 0.82% to close at 11.19
NIFTY1! trade ideas
Nifty Futures levels 4th August 2023The price opening above, between and below the lines marked in red, blue and green usually set pace for the structure of the day. The lines in dash are untouched areas by price which may get filled depending upon the price action and place of opening.
Just observe in lower time frame like 5 min and 3 mins. Observe price action and where there can be a potential support/ resistance followed by another candle.
Go through the previous charts posted by me and carefully check the price behavior at these areas.
Follow me to get updates. Will try and explain through detailed video to all those following and keen to learn.
TRY AND COMPARE THE LEVELS OF THE RED, BLUE AND GREEN LINES COMPARED TO THE PREVIOUS DAY AND OBSERVE IF THE DIRECTION OF THE NEXT DAY CAN BE GAUGED.
BY NOW LOTS OF CHARTS HAVE BEEN POSTED SO ONE CAN GO THROUGH THEM.
KEEP FOLLOWING FOR A DETAILED ANALYSIS ON MY CHARTS.
Nifty 4th August LevelsNifty trend is Negative
Mentioned levels with Profit booking and Shortcovering
Watch level carefully
Nifty bearish trends begin**Previous High Rejected
**Previous Low Break
**Higher High and Higher Low pattern Begin
**Below 19900 you may go in a short position with SL 20000 Level
Pre-market Analysis Nifty Bank Nifty 03 August 2023Market Recap
Nifty declined 1.05% to close at 19,526.55
Bank Nifty declined 1.31% to close at 44,995.70
India VIX advanced 9.68% to close at 11.28
Nifty Futures 4th Aug 2023he price opening above, between and below the lines marked in red, blue and green usually set pace for the structure of the day. The lines in dash are untouched areas by price which may get filled depending upon the price action and place of opening.
Just observe in lower time frame like 5 min and 3 mins. Observe price action and where there can be a potential support/ resistance followed by another candle.
Go through the previous charts posted by me and carefully check the price behavior at these areas.
Follow me to get updates. Will try and explain through detailed video to all those following and keen to learn.
TRY AND COMPARE THE LEVELS OF THE RED, BLUE AND GREEN LINES COMPARED TO THE PREVIOUS DAY AND OBSERVE IF THE DIRECTION OF THE NEXT DAY CAN BE GAUGED.
BY NOW LOTS OF CHARTS HAVE BEEN POSTED SO ONE CAN GO THROUGH THEM.
KEEP FOLLOWING FOR A DETAILED ANALYSIS ON MY CHARTS.
NIFTY
Trend Line breakdown is witnessed.
Negative Divergence on RSI Seen earlier.
MACD trigger averages.
Swing top has been formed earlier with lower high and lower low.
Bearish candle observation seen in last few days.
Pre-market Analysis Nifty Bank Nifty 02 August 2023Market Recap
Nifty declined 0.10% to close at 19733.55
Bank Nifty declined 0.13% to close at 45592.50
India VIX declined 1.25% to close at 10.28
Nifty Futures Levels 2nd August 2023The price opening above, between and below the lines marked in red, blue and green usually set pace for the structure of the day. The lines in dash are untouched areas by price which may get filled depending upon the price action and place of opening.
Just observe in lower time frame like 5 min and 3 mins. Observe price action and where there can be a potential support/ resistance followed by another candle.
Go through the previous charts posted by me and carefully check the price behavior at these areas.
Follow me to get updates. Will try and explain through detailed video to all those following and keen to learn.
TRY AND COMPARE THE LEVELS OF THE RED, BLUE AND GREEN LINES COMPARED TO THE PREVIOUS DAY AND OBSERVE IF THE DIRECTION OF THE NEXT DAY CAN BE GAUGED.
BY NOW LOTS OF CHARTS HAVE BEEN POSTED SO ONE CAN GO THROUGH THEM.
KEEP FOLLOWING FOR A DETAILED ANALYSIS ON MY CHARTS.
Pre-market Analysis Nifty Bank Nifty 01 August 2023Market Recap
Nifty advanced 0.55% to close at 19,753.80
Bank Nifty advanced 0.40% to close at 45,651.10
India VIX advanced 2.74% to close at 10.41
Nifty Prediction for 1st August/Mild PositiveTrend is mild positive in Nifty
Careful about levels
Let them break and sustain upside or downside then enter into trade
Nifty Futures 1st August 2023The price opening above, between and below the lines marked in red, blue and green usually set pace for the structure of the day. The lines in dash are untouched areas by price which may get filled depending upon the price action and place of opening.
Just observe in lower time frame like 5 min and 3 mins. Observe price action and where there can be a potential support/ resistance followed by another candle.
Go through the previous charts posted by me and carefully check the price behavior at these areas.
Follow me to get updates. Will try and explain through detailed video to all those following and keen to learn.
TRY AND COMPARE THE LEVELS OF THE RED, BLUE AND GREEN LINES COMPARED TO THE PREVIOUS DAY AND OBSERVE IF THE DIRECTION OF THE NEXT DAY CAN BE GAUGED.
BY NOW LOTS OF CHARTS HAVE BEEN POSTED SO ONE CAN GO THROUGH THEM.
KEEP FOLLOWING FOR A DETAILED ANALYSIS ON MY CHARTS.
Pre-market Analysis Nifty Bank Nifty 31 July 2023Market Recap
Nifty declined 0.07% to close at 19646.05
Bank Nifty declined 0.46% to close at 45468.10
India VIX declined 3.59% to close at 10.14
Nifty Futures 31st July 2023The price opening above, between and below the lines marked in red, blue and green usually set pace for the structure of the day. The lines in dash are untouched areas by price which may get filled depending upon the price action and place of opening.
Just observe in lower time frame like 5 min and 3 mins. Observe price action and where there can be a potential support/ resistance followed by another candle.
Go through the previous charts posted by me and carefully check the price behavior at these areas.
Follow me to get updates. Will try and explain through detailed video to all those following and keen to learn.
TRY AND COMPARE THE LEVELS OF THE RED, BLUE AND GREEN LINES COMPARED TO THE PREVIOUS DAY AND OBSERVE IF THE DIRECTION OF THE NEXT DAY CAN BE GAUGED.
BY NOW LOTS OF CHARTS HAVE BEEN POSTED SO ONE CAN GO THROUGH THEM.
KEEP FOLLOWING FOR A DETAILED VIDEO ANALYSIS ON MY CHARTS.
NIFTY AUG Future UpdateAs Per Technical Analysis Looks Like Nifty Will face Resistance Near 19850-60 Level and If its break then ill take long Entry But if its breaks Support Level of 19630-20 Then ill take short Entry,
This Levels are base on Daily charts Intraday Levels will be posted Timely.
Watch Below Mention Option Strikes.
Exp 3 Aug 2023
CE Side 19700,19750,19800
PE Side 19700,19650,19600,19550
Before Taking Any Entry Do your Own Analysis.
Only For Educational Purpose.
Thanks and Regards
Ajay Metha
Pre-market Analysis Nifty Bank Nifty 28 July 2023Market Recap
Nifty declined 0.60% to close at 19659.90
Bank Nifty declined 0.83% to close at 45679.30
India VIX advanced 0.53% to close at 10.51
Nifty Trend for 28th July----Trend is Mild NegativeNifty trend is mild negative
Watch out levels for trade.
Nifty Futures Levels 28th July 2023The price opening above, between and below the lines marked in red, blue and green usually set pace for the structure of the day. The lines in dash are untouched areas by price which may get filled depending upon the price action and place of opening.
Just observe in lower time frame like 5 min and 3 mins. Observe price action and where there can be a potential support/ resistance followed by another candle.
Go through the previous charts posted by me and carefully check the price behavior at these areas.
Follow me to get updates. Will try and explain through detailed video to all those following and keen to learn.
TRY AND COMPARE THE LEVELS OF THE RED, BLUE AND GREEN LINES COMPARED TO THE PREVIOUS DAY AND OBSERVE IF THE DIRECTION OF THE NEXT DAY CAN BE GAUGED.
BY NOW LOTS OF CHARTS HAVE BEEN POSTED SO ONE CAN GO THROUGH THEM.
KEEP FOLLOWING FOR A DETAILED VIDEO ANALYSIS ON MY CHARTS.
Nifty Futures Levels 27th July 2023The price opening above, between and below the lines marked in red, blue and green usually set pace for the structure of the day. The lines in dash are untouched areas by price which may get filled depending upon the price action and place of opening.
Just observe in lower time frame like 5 min and 3 mins. Observe price action and where there can be a potential support/ resistance followed by another candle.
Go through the previous charts posted by me and carefully check the price behavior at these areas.
Follow me to get updates. Will try and explain through detailed video to all those following and keen to learn.
TRY AND COMPARE THE LEVELS OF THE RED, BLUE AND GREEN LINES COMPARED TO THE PREVIOUS DAY AND OBSERVE IF THE DIRECTION OF THE NEXT DAY CAN BE GAUGED.
BY NOW LOTS OF CHARTS HAVE BEEN POSTED SO ONE CAN GO THROUGH THEM.
KEEP FOLLOWING FOR A DETAILED VIDEO ANALYSIS ON MY CHARTS.
Pre-market Analysis Nifty Bank Nifty 27 July 2023Market Recap
Nifty advanced 0.50% to close at 19778.30
Bank Nifty advanced 0.47% to close at 46062.35
India VIX advanced 2.10% to close at 10.46
Possible Trade Opportunities in Nifty on 27-07-2023Dear Friends,
I have marked the CE/PE Trade Opportunities Trades as per my understanding of the price action.
NOTE:
1: I prefer trades in 3 Minutes time frame when the target is small and 5 mins time frame otherwise.
2: If a candle has broken a particular resistance or support, let that candle close above or below the resistance or support. Also, wait for the next candle to break the previous candle's high or low. This way you can avoid traps and also fake breakouts. I personally see to it that my next candle is not touching the resistance or support line.
Also don't underestimate the power of EMA, the price always tends to return to 20 EMA. Hence if the price is very far from 20 EMA, it may come back to the EMA rather than going further away from EMA.
Do maintain a minimum 1:2 risk-reward ratio. If you have had 3 losses making trades back to back. Just shut the system and wait for opportunities the next day.
Hope the levels stand strong tomorrow.
Happy Trading !!
Only for Educational Purposes.
Pre-market Analysis Nifty Bank Nifty 26 July 2023Market Recap
Nifty advanced 0.04% to close at 19680.60
Bank Nifty declined 0.17% to close at 45845.00
India VIX declined 12.10% to close at 10.24
