NIFTY MID SELECT WEEKLY EXPIRY 08 APR 2024The index has made of 10780 to 10900. Trend decider level is 10810.50. Currently we are above it. Positive above 10879 and Negative below 10851. Its sideways in between this zone.
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NIFTY_MID_SELECT trade ideas
Midcap Nifty Expiry Day trades - 8/4/24Hello Everyone. I have provided mid cap nifty trades and targets above. The market was in a bullish mode previous day. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades. Book profits every 30 points as we are getting very few trending moves.
Midcap Nifty on Monday150-300 Point move on monday in midcap nifty.
enter breakout of previous day high, or break down of previous day low.
tgt for upside till 10950
tgt for downside til 10750
Midnifty Intraday Analysis for 5th April 2024NSE:NIFTY_MID_SELECT
Maximum Call writing buildup of 12.22 Lakh is at 10800 strike followed by 9.64 Lakh at 10900 Strike and Put writing of 14.01 Lakh at 10700 Strike followed by 13.30 Lakh at 10800 Strike. Index is closed above support level of 10800.
As the more put writing is building up at 10800 strike the support level is shifting up with big support near 10600 - 10700 level. Index is expected to trade between 10700 - 10925 level.
If Index is down near 10700 level and Call position building up at 10700 and 10800 strike then index will bounce to resistance near 10925 level.
If Index goes near 10925 level and Call position building up at 10900 strike then index will retrace to 10800 level and if Call position unwinding takes place at 10900 level then index will go near 11000 level.
Midnifty Intraday Analysis for 4th April 2024NSE:NIFTY_MID_SELECT
Maximum Call writing buildup of 11.36 Lakh is at 10800 strike followed by 6.66 Lakh at 10700 Strike and Put writing of 12.55 Lakh at 10700 Strike followed by 10.30 Lakh at 10800 Strike. Index is closed above support level of 10800.
Index is expected to trade between 10700 - 10880 level with resistance near 10800 level.
If Index is crossing above 10830 level and Call unwinding taking place at 10800 strike then the index may move near 10880 level. Trailing Stop Loss 10790.
Contra Long position may be initiated if Index comes near 10700 level with Trailing Stop Loss 10680.
Midnifty Intraday Analysis for 3rd April 2024NSE:NIFTY_MID_SELECT
Maximum Call writing of 7.72 Lakh is at 10800 strike followed by 6.50 Lakh at 10700 Strike and Put writing of 11..05 Lakh at 10700 Strike followed by 8.51 Lakh at 1600 Strike. Index is closed above support level of 10730.
Index is expected to trade between 10700 - 10880 level with resistance near 10800 level.
If Index is crossing above 10800 level and Call unwinding taking place at 10800 strike then the index may move near 10880 level. Trailing Stop Loss 10750.
Contra Long position may be initiated if Index comes near 10700 level with Trailing Stop Loss 10680.
Midnifty Intraday Analysis for 2nd April 2024NSE:NIFTY_MID_SELECT
Maximum Call writing of 5.87 Lakh is at 10700 strike followed by 3.92 Lakh at 10800 Strike and Put writing of 5.93 Lakh at 10600 Strike followed by 3.51 Lakh at 10700 Strike. Index is facing resistance near 10570 level.
Index is expected to trade between 10590 - 10730 level.
If Index is crossing above 10730 level and Call unwinding taking place at 10700 strike then the index may move near 10800 level. Trailing Stop Loss 10690.
Contra Long position may be initiated if Index comes near 10600 level with Trailing Stop Loss 10570.
Index is unlikely to go below support level.
Midnifty Intraday Analysis for 1st April 2024NSE:NIFTY_MID_SELECT
Maximum Call writing of 19.88 Lakh is at 10600 strike and Put writing of 12.71 Lakh at 10500 Strike. Index is facing resistance near 10570 level.
15 Minute closing above 10570 - 10600 level may lead to 10700 level. Trailing Stop Loss 10500. If Index is not sustaining above 10570 then it may drag to 10490 level in this case Trailing SL for short entre will be 10600.
NIFTY MID SELECT WEEKLY EXPIRY 01 APR 2024...Writing on a April Fool Day is always challenging task. Index recovery has been smooth from the low on 20 Mar 2024 end of Gann Annual Cycle March 23/24. We have recovered two-third of the range. We see a double top at 10562.75 which is level to watch on the upside. Again we see a double bottom on downside at Gann Level of 10493.10 which isthe centre of gravity on the range considered on the index. Looks like 10500 level concentration on weekly close. So we may see some action on Monday at this level. Use the same level for your intraday trades bias. With expansion on either side of 10562.50 and 10437.50 rangefor the index.
Happy Trading !!!
N.B. Not a finanancial advice to buy or sell.
With usual disclaimers as applicable within the reach of this
beautiful trading analysis platform. Thanks to the developers
of the programme for this opportunity to use it freely to
express our ideas to the community of traders.
My Analysis for Midcap Nifty for 1 April 2024For April 1, 2024, the Midcap Nifty displays a bullish trend, marked by an upward-sloping trend line. Positive momentum is anticipated at the opening, supported by favorable investor sentiment, driven by strong economic indicators and supportive policies. Technical analysis indicates the potential for further upward movement, with traders advised to monitor price action for breakout or reversal signals. Overall, the Midcap Nifty is positioned for a bullish session, with sustained upward momentum expected to persist.
Midnifty Intraday Analysis for 28th March 2024NSE:NIFTY_MID_SELECT
Maximum Call writing of 10.59 Lakh is at 10600 strike followed by 9.62 Lakh at 10500 Strike and Put writing of 9.69 Lakh at 10500 Strike.
15 Minute closing above 10525 level may lead to 10590 level. Trailing Stop Loss 10460.
Midnifty Intraday Analysis for 27th March 2024NIFTY_MID_SELECT
Maximum Call writing of 6.88 Lakh is at 10400 strike and Put writing of 10.83 Lakh at 10400 Strike.
15 Minute closing above 10525 level may lead to 10590 level. Trailing Stop Loss 10460.
15 Minute closing below 10450 level may lead to 1st target 10400 level and 2nd target of 10360 level. Trailing Stop Loss 10490.
Midnifty Intraday Analysis for 26th March 2024NSE:NIFTY_MID_SELECT
Maximum collective Call Put writing is at 10400 strike.
15 Minute closing above 10440 level may lead to 10525 level. Trailing Stop Loss 10380.
15 Minute closing below 10360 level may lead to 1st target 10315 level and 2nd target of 10270 level. Trailing Stop Loss 10420.
MIDCAP NIFTY forms inverted H&S at crucial SupportMIDCAP NIFTY has formed an inverted Head and Shoulder Pattern at the crucial 10200 Support Zone and is poised for a breakout of 10500 Zone on Monday. A gap-up opening followed by short covering may see a sharp recovery towards 10653 and if it sustains above the Pivot of 10721 may trigger a rally to regain 11000 levels next week itself.
NIFTY MIDCAPindex looking week creating lower high and gave breakdown
NOTE: only for educational purpose
RULE: 1: always trade with stoploss
2: decide your risk per trade and per day
3: believe to your analysis
4: stay positive and keep patience
technical analysis + money management+ physicalogy = successful trader
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NIFTY MID SELECT EXPIRY HOURLY GANN LEVELS CHART 18 MAR 2024Index has been correcting after the recent high and we have a cycle level support at 10284. We see a double bottom formation near that level with a higher low formation at 10336 level. We can be positive above 10493. Hurdle at 10563 and support at 10423. Use the range or breakout on either side to plan your trades. We will have wild swings till 2nd week of April 2024. Traders Paradise...
Happy Trading !!!
N.B. Not a finanancial advice to buy or sell.
With usual disclaimers as applicable within the reach of this
beautiful trading analysis platform. Thanks to the developers
of the programme for this opportunity to use it freely to
express our ideas to the community of traders.
Nifty Midcap Select Index Rising Channel BreakdownThe Nifty Midcap Select Index (NIFTY_MID_SELECT) is showing a rising channel breakdown, indicating potential bearish movement.
Breaching lower trendline - traders may consider this as a caution period until the next bullish confirmation forms.
NIFTY MID SELECT INDEX WEEKLY EXPIRY 11 MAR 2024Index has moved nearly in a range of 500 points from the top. The level of 10890.40 is to be watch for intraday bias. Above it we have 10920.40/10953.70/10998.75/11025. Beow it we have 10842/10816/10745.40/10712.25. So trade the levels to your advantage to make some profits.
Happy Trading !!!
N.B. Not a finanancial advice to buy or sell.
With usual disclaimers as applicable within the reach of this
beautiful trading analysis platform. Thanks to the developers
of the programme for this opportunity to use it freely to
express our ideas to the community of traders.
Midcp nifty healthy correction forcastHealthy 0.23 levels fibo correction should come in midcap nifty if it has to go far away. The chart looks very simple but it's the most effective way to judge market waves.
NIFTY MID SELECT WEEKLY EXPIRY 04 MAR 2024Using the top traded strikes on NSE website we see a range of 11000 to 11200. Index has closed at 10966.95. The range to watch for today's expiry is 11025 for upside move and 10975 for downside move... within that range is sideways .... avoid trading zone...
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Midcpnifty Tomorrow levels for midcapnifty rising without stop will it goes up or down time will show please take expert advice before trade
NIFTY MID SELECT WEEKLY EXPIRY 26 FEB 2024Mid cap index has made a high at 11119.85. Magical Figure was 11111 and below it we have 11011. Breakout on upper side above 11133.55 and break down below 11029.05. Structural support at 10959.25.
Happy Trading !!!
Midcap Nifty Expiry Day trades - 26/2/24Hello Everyone. For the first time providing midcap nifty trades. It was sideways most of the time on Friday. Chances of it going up are very less compared to going up. Do book profits every 30 points and preserve capital at any cost. Reduce lot size if your are not sure of the trade.
