Nifty Futures levels 11th August 2023Go through the charts...levels targets....check previous charts and let m know if you want to understand these levels and markings.
Note how beautifully the levels work
NIFTY1! trade ideas
Market analysis Expiry Day_market Moved in consolidation zone .Opened in gap down consolidated in no trading zone.
Pre-market Analysis Nifty Bank Nifty 10 August 2023Market Recap
Nifty advanced 0.32% to close at 19,632.55
Bank Nifty declined 0.19% to close at 44,880.70
India VIX declined 1.63% to close at 11.14
Nifty Futures 10th Aug 2023I have posted enough charts on this platform. Important to learn from these charts see the price action levels and targets marked.
Incase of any confusion plz message.
Expiry day trade idea...All the anchored vwaps are dynamic support and resitance. There is no need to draw support resistabnce zones. But do not take any trade blindly. Please combine anchored vwap lables with price action. For more confirmation you can use intraday vwap indicator with three standard deviations. Or you can add order flow analysis also. According to my observation market is imbalance in between 19755.65 to 19736.10(market doesn't like imbalances). For day trading you can use 1 minute timeframe chart also.
N:B - Gap up opening --- sold into / Gap down opening --- bought into.
Keenly watch avwap labels.
Anchored vwap in day trading...All the anchored vwaps are dynamic support and resitance. There is no need to draw support resistabnce zones. But do not take any trade blindly. Please combine anchored vwap lables with price action. For more confirmation you can use intraday vwap indicator with three standard deviations. Or you can add order flow analysis also. According to my observation market is imbalance in between 19755.65 to 19736.1 . For day trading you can use 1 minute timeframe chart also.
Next Day strategy lines & leval drawing Support & resistance for next day trading.bullish market buyers active at the end of day
Day to of Trading journey Last day support & resistance strategy worked and two trades positionsn appeared.
Trading profit to loss ratio with 2:1.
Pre-market Analysis Nifty Bank Nifty 09 August 2023Market Recap
Nifty declined 0.13% to close at 19,570.85
Bank Nifty advanced 0.28% to close at 44,964.45
India VIX advanced 2.00% to close at 11.32
Nifty Futures 9th Sept 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 08 August 2023Market Recap
Nifty advanced 0.41% to close at 19,597.30
Bank Nifty declined 0.09% to close at 44,837.50
India VIX advanced 5.01% to close at 11.10
Trendlines decipher the trend in a simple mannerPost change in polarity of the falling trendline, Nifty has been taking support on the rising trendline.
Pre-market Analysis Nifty Bank Nifty 07 August 2023Market Recap
Nifty advanced 0.70% to close at 19517.00
Bank Nifty advanced 0.82% to close at 44879.50
India VIX declined 5.48% to close at 10.57
Nifty Levels for 7th AugustNifty primary trend is Negative
Watch levels upside and downside and trade accordingly
Kindly follow if like my idea
Wait for a week to execute an 1000 pt up swing long tradon NiftyAfter 2 weeks of bearish move Nifty may take a cool off session for another 12 to 16 days.
when it breaks the recent high 19646 we can expect a sharpe correction to bounce back to take off 20100 mark by September 3rd week. This could be 1000+ points ride expected based o n my analysis. Pls do your own analysis before taking any of your trade as this is only for education purpose only.
Nifty as of nowHow NSE:NIFTY1! looks like going forward?
Weekly
(-1) This week's close is lowest of last 4 week. There was a red doji last week. Which gets clear confirmation on this week's closing.
(-1) Weekly volume is highest of last 4 weeks.
Daily
(+1) Nifty comes back to the uptrend channel with bullish kicker candle formation.
(+1) If you follow BB and EMA divergence - there is a bullish reversal signal came. (Buy above 19600 with SL: 19475)
(+1) Volume is considerable.
(+1) Volume profile shows good volume price range b/w 19450 and 19800.
(+0) EW will say (Assuming 26th June is the start) you are in completion of 2nd correction wave, but yet to be confirmed as there is no bullish divergence yet in RSI.
(-1) Since start of April, this is the first time it creates a lower high lower low.
So overall:
weekly negative (-2) and daily positive (+3).
Resistance : The Fib levels show 19650-19700 is the golden zone where Nifty will face steep resistance. Then is 19800 (last swing high)
Supports : 19350 (strong support), 19275, 19000
Best way to play : Go long around 19375-19350. Go short aroud 19650-19700.
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
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
