Short NIFTY 22400 call near CMP 352Daily chart shows overbought Nifty as indicated by stochastic and VI indicators. Time to short 22400 call, cmp 352.
NIFTY1! trade ideas
Gift nifty 22600 ++ Target for tomorrow, flag and poll pattern On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
NIFTY Futures END of the day analysisIn this video I have discussed a part of the END OF THE DAY analysis of NIFTY futures please do let me know if you guys want more videos like this
Thank You for watching the video
Till then,
HAPPY TRADING :)
Nifty Weekly LevelsI am Bearish for this week .If Nifty Future cross previous High then My view is invalid. If Nifty breaks Fridays low then I will be bearish.
Breakout in NiftyIt seems a breakout of the Ascending Triangle in Nifty as desribed in my earlier post.
Now we have to just make a point of view of Being Bullish and look for only long trade until any significant movement downside. Break of the full E leg may take market more towards downside.
We can make our self long, by Buying a Long Future of Nifty April Series and Buy a same Put of April Series. Restrict the downside and enjoy the upside.
Note:
This is my personal view and for educational purpose. We need to put our own brain and take a trade.
NIFTY 50 profitable trades on 1/3/24Opening: The nifty futures opened almost flat (GAP is the adjustment) and formed a BIG bull bar as the 1st bar indicating a bullish strength which was confirmed as bears weren't able to pullback to the MA even after 20 bars
Mid day and closing: The market behaved like a typical bull trend day closing near it's high
PROFITABLE TRADES:
One good trade which i spotted and took was at around 20 bars after the open whose logic is shown below in the image
1.
HAVE ANY DOUBT RELATED TO THE TRADE ANALYSIS ?
FEEL FREE TO COMMENT DOWN BELOW
Till then,
Happy Trading
BUY NIFTY FUT 22150-55 SL-22084 TGT-22280REASON FOR BUY :
1 Bullish Engulfing formed in 1H low
2 Price closed abv SMA in 1H
3 MACD is in Positive in 1H and Daily
NIFTY FUTURE on a roll or not?NSEIX:NIFTY1! NIFTY FUTURE has bounced back very aggressively straight to the previous high, will it sustain or panick selling due to profit booking will drag it down again?
NIFTY FUTURE hits the down target , NOW WHAT?NSEIX:NIFTY1! as mentioned in the last ide shared, nifty future started creating fresh lower highs and lower lows and finally gave the target mentioned in the last post, now we need to see if nifty future breaks above previous resistance or breaks current support to create new lower low.
Gift nifty bounce if break 21985 then upside move will come On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Nifty Analysis For 29 Feb 24Buy and Sell when price sustain above or below our levels and see the results
Ascending Triangle Formation in Nifty Futures.Just for Educational Purpose and Gaining Inputs from qualified professionals.
It seems to me a ascending triangle formation on Nifty. Today Nifty gave a False breakout in the form of Leg "E" of the triangle. Seems that First leg of "E" wave is completed and formation of E will take time for tomorrow as well.
A breakout above the trendline of BD, we can get a rally up for Nifty for 1000 points.
If Levels of 21600 in Nifty Future is protected, one can initiate the Long position and wait for target to be hit. 23000 on card for Nifty.
NIFTY 20-20 matchHello Traders
From present levels what i see is a 20 % either upside or a 20 % downside.
Lets see where we go in the coming months
Get ready for 20-20 Match
Regards
Unveiling the Intriguing Intraday Patterns of NIFTY on 27 Feb 24Are you ready to delve into the captivating world of intraday trading? On February 27, 2024, the NIFTY 50 index showcased some fascinating patterns that kept traders on the edge of their seats. Here's a quick rundown:
1. Opening Range: The market opened flat with first few candles indicating that today might have 2 sided trading...
2. Mid Day and Closing: The market gave a strong breakout around mid-day and the breakout retested the mid point of opening range and closed at around the upper half of the trading range...
Patterns which were tradable:
1.
Green line shows entry price and targets are around 1:2 RR
2.
Red line shows the entry price with targets of 1:2 RR
ANY DOUBTS RELATED TO PATTERN COMMENT BELOW I WILL BE READY TO HELP YOU GUYS!!!
Whether you're a seasoned trader or a curious observer, dissecting these intraday patterns offers valuable insights into market dynamics and potential trading strategies.Would you like to see more posts like this, or do you have any suggestions for changes or improvements? Your feedback is invaluable in shaping our future content! Let us know in the comments below
Happy Trading!!
NIFTY FEB EXPIRY WEEKNifty hit all time high on Friday and reversed
Now, nifty could consolidate for 1-2 days and may hit new high towards 22500
RANGE FOR NEXT WEE MK 21700-22580
21945 level could act as good support (future levels)
NIFTY - FEB EXPIRY WEEKNifty hit all time high on Friday and reversed
Now, nifty could consolidate for 1-2 days and may hit new high towards 22500
RANGE FOR NEXT WEE MK 21700-21580
21945 level could act as good support (future levels)
NIFTY DIAMETRIC PATTERN we may see new low between 18th march 21st may 2024 as per triangle pattern correction time of b wave and d waves hald or equal time may consider for new low
Nifty Future 22100 CE 22nd Feb ContractPlease draw these levels in your trading , due to non availability of option data in tradingview , i uploaded png file.
GIFT NIFTY view aheadNSEIX:NIFTY1! watch out for the big move ahead in nifty futures, something big coming ahead
Nifty looks bearish in the short termNifty has a near-perfect short-term reversal setup, with minimal risk and great reward, with an almost 1:5 risk-reward ratio. Keep in mind the overall trend is still bullish, just a short pullback in an overall bullish trend.
Exercise caution before taking any trades. This is just for educational purposes. I may act on my analysis and may have a personal interest, though, at the time of posting this, I have no open positions in Nifty Futures or Options. Consult with your financial advisor before taking any trades.
Trading Hours Extension Concerns for Retail Traders & Investors.I am writing to express my opposition to the proposed extension of trading hours for retail traders. While I understand the potential benefits that this change might bring, I believe that it could also lead to several negative consequences that should be carefully considered.
We believe this is not a favorable decision for retail traders, particularly positional traders, as they must monitor their positions until 11:30 PM.
Mental Health Concerns : Retail traders may already struggle with the stress and pressure of trading. Extending trading hours could exacerbate these issues, leading to burnout, anxiety, and other mental health concerns.
Reduced Quality of Life : For retail traders who are full-time traders, extending trading hours could significantly impact their work-life balance and personal relationships. This may lead to decreased overall well-being and happiness.
The success rate for day traders is estimated to be around 10%, and increasing trading hours may not necessarily improve this statistic.
In the long term, the idea of extended market hours may not help in increasing market volume but could potentially lead to a decrease.
The real factors affecting trading volume are not related to trading hours, such as the example of GIFT NIFTY trading success due to the absence of STT in the GIFT NIFTY as opposed to Indian markets
There are more negative points than positive ones when considering the implementation of extended market hours.
In conclusion, while the proposed extension of trading hours may seem appealing at first glance, it is crucial to consider the potential drawbacks and negative consequences for retail traders.
I urge you to reconsider this decision and prioritize the well-being and fairness for all market participants.
I encourage all traders and investors to file a complaint email regarding this to SEBI and NSE . sebi@sebi.gov.in
