Niftyindia
NIFTY 50 Levels for 29th Wednesday ❗❗Hii Traders 😊
Welcome to NIFTY 50 levels for intraday trading
🛑 Nifty shown weakness in today's market
🛑 If see day frame chart we can observe one single Red candel which is covered almost last 3 day' trading session
🛑Which means sellers were aggressive in the market but buyers were to try to pull back things
🛑It taken the support at 17600 I'm repeatedly saying that it will be good support zone it taken support and try to pull back the things
🛑If we see the Day volatility it is about 0.94% which higher for index
🎯 Key levels to watch out intraday levels for day trader
🛑 Major resistance zone for Nifty is at 17940-17970 where at this point nifty tried to breakout this level
◽ If market breakout resistance zone then we can see Target of 18100
◽ Stop loss for this level is 17870 here the pivot point control region
◽markett will shown some weakness if it traded below 17700
🛑 Major support level for Nifty 50
◽ Support level for nifty lies at 17600-17560
◽ If breakdown happens we can see the 1a
st Target of 17430
◽2nd target will be 17320
◽ stop loss ie .17660
If market traded below this level I'm sure market will be weak on intraday basis
◽ For nifty their strong support at 17560-17600 if this zone is breakdown then we will enter into range bound market or short term correction ( consolidation) period for some days
🛑Stay light on your quantity
🛑 levels for Nifty Futures will be as follows
◽ Go long on nifty Futures if it breakout the resistance 17920-17950
◽ If nifty traded above 18100
◽If market traded above 18000 then shorter's will run for covering
◽ Don't short the market until below the 17700-17600 levels
🛑 Tradeshots
◽ Resistance level for CE buyers /option buyers is at 17940-17970
◽ support zone to buy PUT / PE is at 17600-17560
◽ Nifty will be weaker on intraday basis below the 17700
Thanks for reading 😊
I hope that it will help a lot and if I'm wrong kindly comment mine mistake surely I will correct it
If you like it do follow for more and give reputation which will boost mine confidence to do more.
have a nice day 😊
Nifty 50 chart analysis Nifty formed an green hammer
(Which is telling that there was selling pressure during the day ultimately a strong buying pressure drove the prices . This is what happened today)
And if we see the intraday volatility today is about 0.72% which is good volatility range
Positive sign :- closed above intraday pivot control point of 17500 level which is 1st resistance level for Nifty today
I give an caution for option sellers (u can see in mine profile)
ie. CALL shorts will get covered if breakout of 17500-17530 levels
If go and see the option chain data (Given link below ) u can more shorts get covered in between strikes of 17500 to 17800 .
Let's watch out intraday levels for Nifty for 22 SEP
🎯 Key levels
Buying CALL only above 17620-17650 level which very crucial resistance zone
And Buying PUT option only when traded below the 17330-17300 level which is very crucial support zone
And Nifty will become when it's Traded below the 17450 level which is control pivot point region and don't short market until breakdown down this level [ call writers] otherwise u will run for covering
Nifty 50 structureIn tomorrow morning will be more volatile... lets settle first then decide..
Market Nifty 50 is still bullish on 30 min time frame, see long green trend line
On 5 min time frame its making triangle ..
red line is resistance... as well
Dont trap in early morning session..... lets formed structure atleast for 15 min
Lalagi ,Ready for Collapse ? #Tradeplan #Nifty50 17th Sept 2021First step of a successful trader is to build a Trade plan & review what he has done.
This is my Trade Journal . (education purpose for all )
Trade plan
Nifty 50 : Trend is Up - Buy on dip ( see video for details )
Jai Hind.
Disclaimer :
This video is only for educational purposes. Please consult your financial advisor before you take any trade
Nifty Futures Key levels and Targets 15th Sept 2021These Trading levels are based on Camerilla Pivot points (Daily)
Disclaimer: These levels are purely based on Price action/demand and supply zones & Technical Analysis and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor for before making trading decision.
Nifty Futures Key Trading Levels for 14th Sept 2021Disclaimer: These levels are purely based on Price action/demand and supply zones, Technical Analysis and consumed only for educational purpose & should not be taken as buy/sell recommendation.
Please consult your Financial Advisor for before making trading decision.