Nifty 50 Intraday Trade Setup for 08h July FridayThe Index closed in the green on expiry day and maintained a positive sentiment in the market. Today is the last day of the current week, and today is closing matters on the weekly chart.
On the daily chart, The Index has given a breakout for the phycological level(16,000) and sustained above. The main question is, " does the bullish sentiment continue ?"Multi-time frame analysis helps a lot in finding the answer to this question.
ABCD pattern activated, and the PRZ area is 16,344
XABCD pattern also triggered, and the Harmonic PRZ area is 16,610 for the short-term swing
Hourly chart (Intraday )
==================
Used hourly TF to calculate the Intraday levels for the Friday trading session. The lower Time frame also has a Positive Price structure for the target of 16,268.
Intraday Resistance : 16,150
Intraday Support : 16,000
Niftyintradaylevels
NiftyFutures Key Trading Levels Weekly 8th July 2022#Nifty50 Futures Key Trading Levels Weekly 8th July 2022.
Disclaimer: These levels are purely based on Price action/demand and supply zones & 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 before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty 50 Intraday Trade Setup for 07h July Expiry sessionThe Index rally in yesterday's trading session was excellent, with More than a 1% gain after the 21st of June. Global sentiment is Positive. Crude oil is trading below 100$ after may month, and now waiting for DXY to cool off to keep the momentum on.
On the daily chart, the Index is trading on the trend line resistance with a long bullish candle but still needs to sustain above 16,000 and close above it.
ABCD pattern activated, and the PRZ area is 16,344
XABCD pattern also triggered, and the Harmonic PRZ area is 16,610 for the short-term swing
Intraday
============
Used 30-minute TF to calculate the Intraday levels for the weekly Expiry. The lower Time frame also has a Positive Price structure for the target of 16,268.
Intraday Resistance : 16,030
Intraday Support : 15,900
Trade Accordingly
NiftyFutures Key Trading Levels 7th July 2022_Expirly LevelNiftyFutures Key Trading Levels 7th July 2022_Expirly Level.
Disclaimer: These levels are purely based on Price action/demand and supply zones & 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 before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyFutures Key Trading Levels 6th July 2022#Nifty50 Futures Key Trading Levels 6th July 2022.
Disclaimer: These levels are purely based on Price action/demand and supply zones & 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 before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty 50 Intraday Trade Setup for 05th July 2022Nifty50 Index on Monday snapped a three-day losing streak and closed higher on Monday. The U.S. market was closed for a holiday yesterday and hence in the absence of strong global cues, we are likely to see a flat or slightly positive opening. We are still in the declining markets which are always tough for intraday traders because of the sudden up and downside moves and one must be ready for it.
Nifty 50 Index – Daily TF
After hitting a fresh 52-week low of 15,183, the index has given a good recovery and has stopped making lower lows. The index is consolidating in the wider range is 15,950 / 16,000 to 15,500 with a positive bias. A sustainable up-move above 16,000 (psychological resistance) will activate the XABCD pattern and is expected to pull the Index towards the next resistance of 16,300 and then towards 16,600 after gap fill. If the index fails to sustain 15,500, it can retest the previous swing low of 15,180/200 and we can see more fall below these levels to 14450/500(ABCD pattern getting activated).
Nifty 50 Index – 2Hr TF
The index is taking support from the dynamic trendline and is facing multiple rejections on the upside forming an ascending triangle pattern. A fresh uptrend rally is possible if the index breaks out and sustains 15,950/16000 levels and the index can test 16,300. However, if the index fails to sustain the previous swing low (15,500), it can fuel a downfall to 15350/15,200 levels.
NiftyFutures Key Trading Levels Weekly 5th July 2022#Nifty50 Futures Key Trading Levels Weekly 5th July
Disclaimer: These levels are purely based on Price action/demand and supply zones & 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 before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyFutures Key Trading Levels 4th July 2022#Nifty50 Futures Key Trading Levels 4th July 2022.
Disclaimer: These levels are purely based on Price action/demand and supply zones & 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 before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyFutures Key Trading Level for 1st July 2022#Nifty50 Futures Key Trading Level for 1st July 2022
Disclaimer: These levels are purely based on Price action/demand and supply zones & 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 before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Trade Setup for 01 July. 2022Nifty 50 Index finished a choppy session flat on Thursday, as gains in select financial stocks were offset by losses in the IT, metal and auto sectors. The index closed its rangebound session on a negative note, the monthly expiry day for June F&O. India VIX (Volatility) cooled down a bit to 21.84 levels, but still above the crucial 20 mark which can favour bears and create discomfort for bulls going ahead.
India USD – 2Hr TF
After giving a false breakout, the Index has been consolidating inside the range of 15,950 and 15,650 levels for the last 1 week. Hence, a directional move is unlikely to emerge unless the index comes out of this range. The index is taking support from the dynamic trendline and is facing multiple rejections on the upside forming an ascending triangle pattern. A fresh uptrend rally is possible if the index breaks out and sustains 15,950/16000 levels and the index can test 16,300. However, if the index fails to sustain the previous swing low (15,650), it can fuel a downfall to 15350/15,200 levels.
Nifty Futures Key Trading Levels for 30th June 22_monthly expiry#Nifty50 Futures Key Trading Levels for 30th June 22
Mostly Nifty May remain range bound to volatile
Disclaimer: These levels are purely based on Price action/demand and supply zones & 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 before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Futures Key Trading Levels for 29th June 22#Nifty50Futures Key Trading Levels for 29th June 22
Disclaimer: These levels are purely based on Price action/demand and supply zones & 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 before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Futures Key Trading Levels for 28th June 22#Nifty50 Futures Key Trading Levels for 28th June 22
Disclaimer: These levels are purely based on Price action/demand and supply zones & 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 before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Futures Key Trading Levels for 27th June 22#Nifty50 Futures Key Trading Levels for 27th June 22
Disclaimer: These levels are purely based on Price action/demand and supply zones & 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 before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Futures Key Trading Levels for 24th June 22Nifty Futures Key Trading Levels for 24th June 22
Disclaimer: These levels are purely based on Price action/demand and supply zones & 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 before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Futures Key Trading Levels for 23rd June 22#Nifty50 Futures Key Trading Levels for 23rd June 22
Disclaimer: These levels are purely based on Price action/demand and supply zones & 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 before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Futures Key Trading Levels for 22nd June 22Nifty Futures Key Trading Levels for 22nd June 22
Disclaimer: These levels are purely based on Price action/demand and supply zones & 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 before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Futures Key Trading Levels for 21st June 22Nifty Futures Key Trading Levels for 21st June 22
Disclaimer: These levels are purely based on Price action/demand and supply zones & 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 before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Futures Key Trading Levels for 20th June 22#Nifty50 Futures Key Trading Levels for 20th June 22
Disclaimer: These levels are purely based on Price action/demand and supply zones & 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 before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Futures Key Trading Levels for 17th June 22#Nifty50 Futures Key Trading Levels for 17th June 22
Disclaimer: These levels are purely based on Price action/demand and supply zones & 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 before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Futures Key Trading Levels for 16th June 22_Expiry#Nifty50 Futures Key Trading Levels for 16th June 22_Expiry
Disclaimer: These levels are purely based on Price action/demand and supply zones & 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 before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Trade Setup for 16th June - Expiry day Trade SsetupThe US Federal Reserve announced a 75-basis point rate hike on Wednesday, leaving the doors open for another rate increase of that magnitude, and US Markets rallied as investors looked favourably on the central bank’s tougher stance against inflation. The rate hike is in line with the expectations and has already been factored in and we can expect VIX to go down today.
Intra-day
After a sharp fall on expectations of a rate hike by the Fed, Index took support at 15,650 and is trading in the range of 15,650 – 15,850 with high volatility and a range break is required for a good move with momentum in either direction, else we may see a rangebound expiry today. The index is currently in the pullback phase after an impulsive down-move and can face resistance at 16,080 and 16,180 (Half Bat Pattern). Index is likely to open with a gap up around resistance and we will wait for 30-45 minutes before making any positions.