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Niftyintraday

Nifty Levels & Strategy for 09/09/2022Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please don’t trust me or anyone for trading/investment purpose. Focus on learning how to fish, trust your own skills and please do consult your financial advisor before trading. NIFTY Nifty is up by 174 points. Steller performance by Nifty. PCR shifted up from 0.92 (bearish zone) to 1.17 (bullish zone). Nifty performed beyond expectation and hit all the targets. Option writers also made good money as most of them timely close CE leg and PE writing continued through the trading session. Today we had a very nice trending day and retail traders could make good money based on their huge overnight buy position in F&O contracts. Support Zone in Nifty is shifted up. Resistance Levels became New Support Levels. Highest open interest on call side at 18000 (Remained at same level) Highest open interest on put side at 17500 (Shifted up from 17000 to 17500) BANK NIFTY Bank Nifty is up by 753 points. Extra ordinary performance by bulls lifted up Bank Nifty beyond the major resistance zone. It will be interesting to watch whether breakout will sustain amid global issues and after ECB hike by 75 to 100 basis points today or it will get back into previous trading range. Highest open interest on call side at 41000 (Shifted up from 40000 to 41000) Highest open interest on put side at 39000 (Shifted up from 39000 to 39500) Will Break out in Nifty sustain amid global issues? Is Nifty getting ready to touch new life time high ? Shall we continue look for buy on dips opportunities near major support levels? My view is neutral with positive bias. However let us see how global markets reacts overnight after ECB hike. Please do review & analyze EOD closing data for preparing tomorrow's trade plans. Please do share your comments. Have a very happy, healthy & profitable day ahead!
NSE:NIFTY
by manishmgupta
NIFTY- Possible Trade for Today -13-06-2022NIFTY could not hold on to the gains made last week and closed below 16100 yesterday. With the CPI data coming in a bit lower than the last period, there can be some sentiment positive in the market. However the fact that the CPI is still above 7 percent is a cause of worry for the markets, especially for the banking space. We may see an opening with a positive bias but need to be cautious about NIFTY if it is not able to sustain 16100 levels which is an important zone from an FnO data perspective. If NIFTY starts trading below 16100, we can see the index moving to lower levels. Important levels for the day are mentioned below Bullish Above 16120 Possible Upside Targets -16160/16210/16280 Bearish Below 16100 Possible Downside Targets - 16040/16000/15980/15940 levels. Disclaimer: The analysis provided is for educational purpose and the author does not assume any responsibility for the trades initiated based on the analysis. Consult your financial advisor before making any trades.
NSE:NIFTY
by binuppaul
Simple Trade Setup | NIFTY | 21-04-2022 [INTRADAY]NSE:NIFTY Observations: 1) On 15min time frame, if we ignore yesterday's last fall, then we can see today NIFTY was sustaining low of 18th April 2022 and made it as a good support. Range of 17065-17075 will work as immediate support. Please refer below chart : 15min time frame. Also on 15min time frame, we can see short term resistance trendline. Please refer below chart : 15min time frame. ------------------------------------- Trade Setup for 21-04-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:NIFTY
by Trading_hawk
3
NIFTY INTRADAY 2 Feb 20221. Levels are marked , Nifty behaved exactly whats predicted since the budget was neither + nor - 2. If FII cmes for selling then it may consolidate a it 3. Lot of PE selling was done for weekly and Monthly options at 17500 Indicating , market is bullish biased for this month 4. NIFTY 50 stocks have shwon good results and will treflect in NIFTY index moves in coming period for the remaining month ==================== LIKE IF YOU AGREE ====================
NSE:NIFTYLong
by TechieindusTrader
1
NIFTY INTRADAY 110120221. NIFTY SGX trading at -50 points down , So NIFTY too will open at around 40 Points Gap Down adn WIll recover to the Resistance of the todays High . 2. If it Opens Gap Up will reach at Targe 15 above and some profit booking will be done and will fal back to the base level 3. Lot of PE writings done in this weeks expiry 17800 17900 , and CE writing was less as compared to Pe writing , Short covering was done in CEs , FOr this expiry the Range wil be 17900 to 18100 . HDFC twins are seen in action so probability of Bull run is not ruled out , NIFTY ready to bounce back to Highs ------------------------------------------- LIKE IF you AGree with the Analysis -------------------------------------------
NSE:NIFTYLong
by TechieindusTrader
1
NIFTY INTRADAY 070120221. MArker will trent in the Zone as shown by the Support and resistance zone 2. Selling was done by FII today if the selling is continued , Clear trend will come in the downward side 3. Lot of CE selling at the 18000 and above levels , till 13th January market will be a bit resistant to move up 4. IF DII is not buying then Clear down ward trend till the next Support level ------ TRADE IN THE ZONE , Short strangle at 9:20 exit at 1:30 ----- Long only on DIPS Like if you agree
NSE:NIFTY
by TechieindusTrader
INTRADAY NIFTY 28.12.20211. NIFTY is bullish compared to Banknifty 2. SGX Nifty trading 100 Points above , so Gap up is expected by 80 points , Will see some selling at 17200 levels 3. Will bounce again to 17200 levels , Lot of Lon unwinding done at 17100 , 17200 and 17300 levels another major resistance at 17500 4. Trade as per the levels indicated n lower TF 3mnts and observe the chart in 5 mnts time frame . 5. trade based on confirmation candles 6. Buy At the money calls if trading this month with strict Stop Loss . 7. Like if You agree
NSE:NIFTYLong
by TechieindusTrader
2
NIFTY Intraday 16.12.20211. Expiry will be volatile , big move up an down 2. Can take benefit both ways , Observe the levels and keep target tight , trade in 3m Time frame , keep watching 5 min TF 3. So Far levels are damn accurate , Observe the Supply and demand Zone , which are in confluence with the NIfty 50 Big weitage stocks like reliance , HDFC twins 4. Volume profile supports the levels , Donot short if the level breaks , Fake Break up and Down , Take trade only after confirmation candle in 5 Mnts TF . 5. Enjoy , Like if You agree with the Levels and the Targets
NSE:NIFTY
by TechieindusTrader
1
Nifty 3rd November Setup (Bullish Flag)Nifty followed our previous analysis perfectly and we made really handsome profits in CE. Nifty was in a narrow trading range today. Now Nifty has a resistance near 18000-18050 levels and has shown rejection quite few times. Nifty has an immidiate support near 17880-17850 and have taken support there. I can see a bullish flag pattern in making and if it breaks above it then the targets are mentioned in the chart above. For 3rd November Buy Above - 17950 Sell Below - 17870 Blue lines are a No-Trading Zone for me Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks.
NSE:NIFTY
by this_is_shoaib
1
TRADERSAI - A.I.POWERED NIFTY TRADING PLANS for MON 08/09Hey folks, The trading levels for today, MON 08/09, are as given in the chart. Read below for more details. Our debut message below (published on Thursday, 07/30) explains the notation and how to interpret the trading plans we publish, and who we are in this space. This is the Trading Day-7 of our limited test-launch for the Indian stock market NIFTY 50 Index. Appreciate your feedback and comments. NOTE: Pay attention to the Take Profit and Stop Loss levels added as note ( iii ) below. Good luck with your trading today! *********************************************************** Hey everyone! After two years of unprecedented growth and consistent performance in the US with daily trading plans on the S&P 500 Index , we are now testing our models on the Indian stock markets with the NIFTY 50 Futures . This is our debut for you all who have been waiting for it! While we know this would enthrall many readers that have been asking for it, we are cautious about jumping on these trades right away - give these models a few days, see how they perform, and then begin to adapt them to your own trading style and risk appetite. And, please do share your feedback, thoughts, ideas, and suggestions about anything glaring or missing - we are new to the Indian markets and are still trying to learn its idiosyncrasies. Thank you! Notation: (i) Use these line crosses on your choice of time frame chart. Most aggressive - on a 1-minute chart Moderate - 5 to 15 minute chart Intraday swing - 30 minute chart Note that the lower your time frame, the more choppiness and whipsawing you might experience in your results. (ii) Cross Above (Below) - triggered when the previous close was below (above) the line and the current close is above (below). Aggressive traders may use other criteria such as high crossing the line, close crossing the line without regard to the previous close, etc. Solid Green Line: Models would go long on a cross above this line Dotted Green Line: Models would close out a short (buy to close an open short but NOT go long). You can use Close-to-Close basis OR Open-to-Close basis OR Low-to-High, depending on your trading style. Solid Red Line: Models would go short on a cross below this line Dotted Red Line: Models would close out a long (sell to close an open buy but NOT go short). You can use Close-to-Close basis OR Open-to-Close basis OR High-to-High, depending on your trading style. ( iii ) Take Profit: Our NIFTY models are currently using a 20-point trailing stop activated once a 15-point profit level is reached. Stop Loss: Our NIFTY models are currently using a 30-point stop loss level activated at the entry. This is NOT an investment advice. This is meant for experienced traders to use as another tool to inform and guide their own trading decisions.
NSE:NIFTY
by TradersAICorp