NIFTY--Bearish Gap @19750??If price consolidates at 19500-19600 range, price have chances of breaking upside...
It will manipulate us and again moving upside..
clears the bearish gap left @19750 levels...be careful before short...
Niftyintradaysetup
NIFTY--Consolidation + Bullish ??Nifty index,
After breaking a trendline failed to move upside....
Now after 3 successive gap ups price tested the support again and showing us strong bullish in action.
multiple times price taken the reversal from 19500 levels...
this level is failed to take the price downside...
If this strong bullish momentum will clears an obstacle to reach the bearish gap left @19750 levels... then will soon that level be tested.
If price opens up and may continue upside... or
if price may gives us some retracement to 19380-19360 levels will look for long , gives us discount.
Its already giving discount after 3 successful gap ups, saying I am bullish
we have resistance @ 19600 may gives us pullback if it is a bullish scenario.
this is the only shortcut way to reach the resistances again...
If we see at 19300 levels price consolidation + moving upside means a chance of bearish again...keep safe before long after these resistances.
will see in the next session what happens...
NIFTY--Drop Base Drop or Bullish ??NIFTY index,
3 continuous bullish gaps indicating bullishness...
Gap up opening and filling the gap and again gap up opening ...
this happens in the last 3 successive sessions....
In higher time frame price action is still bearish,
After a strong break above the 19500 levels...
a strong fall is observed up to 19300 levels...
the liquidity grab on bottom side is finished...
and now price is moving in a bullish channel,with 3 continuous bullish gaps....
if this move continuously happens to top side...
tomorrow the liquidity on the topside @19650 levels will be finished soon.
Keep safe...
NIFTY--Bullish or Bearish ??After a strong bullish gap...price reversed and entire day is trading in a bullish channel...
at the end of the session broken the channel and retested...
It has broken the trendline as well...
so tomorrow opening is very important for us...to be bullish or bearish...
If opens down and continue will enter short side on retracement...
or opens down and unable to break high then also be on the short side...
If opens up and gives us retracement will be on buy side...up to 19500 levels...
After down opening if price consolidates mean...break down happens...we have bullish gap left below...
Keep safe
#NIFTY50 intraday trade idea setupGreetings Folks,
today i have prepared a setup on NIFTY50
the analysis is simple
- there is a minor range
- price trying to form a bullish structure
dont play with fire, always use predefined stoploss
NIFTY--@Trendline Break??The Nifty index is now near its trendline...
After taking the support from Right shoulder...it is ready to break the trendline...
if price breaks the trendline, we will observe a good upside move...
If price breaks the trendline tomorrow might be a trending day for nifty.
today price is consolidated in a range...
if it breaks upside this time it will finishes bearishgap...
If it is unable to break the trendline...will look for short side...until keep on buy side...
nifty pre market analysis9 AUGUST ANALYSIS:
Daily analysis:
PS-Position size
Nifty opens:
side: if it gives breakout (up 100%)
gapup: wait for price-action, buy if market make bullish pattern (100% up)
gapdown: sell only below 19500
nifty pre market analysis9 AUGUST ANALYSIS:
Daily analysis:
PS-Position size
Nifty opens:
side: if it gives breakout (up 100%, down 100%)
gapup: wait for price-action, buy if market make bullish pattern (100% up)
gapdown: sell if market breakdown after consolidation (70% down, 50% up)
NIFTY--Bullish Gap or Bearish Gap ??Bullish gap left @19200-19250
Bearish Gap left @19670-19700
when this gap be finished....??
if price continuously falls tomorrow it finishes the bullish gap.
If price showing us bullishness tomorrow,19500 will again acts as resistance..
so in order to go upside, price must be consolidates
and has to create a bullish view and retraces back then only, bearish gap be finished.
Note ::
If we observe a strong bullishness again price will break the bearish gap..
Nifty Intraday Buy Trade with amazing Reward to Risk
Price has to reach the Daily Supply which is the target of this Buy Trade, incase if the target is achieved first this buy trade becomes invalid, Price has grown exactly from the entry point and there are unfilled orders for which the Price has to retrace back into the demand. A very high probability Trade.
ENJOY THE RIDE
#NIFTY Intraday Support and Resistance Levels - 08/08/2023Nifty will be gap Down opening in today's session. After opening nifty start trading Below 19580 level and then possible downside rally up to 19460 in today's session. in case nifty trades above 19600 level then the upside target can go up to the 19720 level.
Monday, 7 August Intraday Trade Setup I've used charts to show things clearly. On Monday, there are two critical levels to watch. The first is 19,560 – a critical resistance point because the Index has been stopped by it many times before. If the Index breaks past this point, it might show a new trend (a change in how prices move). The second level is the low point, which might mean the prices will continue decreasing. If prices are between these two levels, it's not a good time to trade. I've also pointed out possible goals if the resistance level is crossed.
So, when you trade, remember these things.
nifty pre market analysis4 AUGUST ANALYSIS:
Daily analysis:
Nifty opens:
side: wait for further price-action, trade in small qty
gapup: wait for price-action, trade in small qty
gapdown: if it gives breakdown then selll (ps-50%)
big gapdown: buy if price-action formed on buying side
Nifty Buy Channel Reversal now Time to Buy nifty for long traders. Next target 1 will be 19666 and Target 2 will be 19778.
nifty pre market analysis3 AUGUST ANALYSIS:
Daily analysis:
Nifty opens:
side: wait for second half (50% down, 30% up)
gapup: wait for price-action, take trade after 12pm
gapdown: if it gives breakdown then selll (ps-50%)
nifty pre market analysis2 AUGUST ANALYSIS:
Daily analysis:
Nifty opens:
side: buy if breaks up (PS-100%), down (Ps-70%)
gapup: wait for price-action buy on upside breakout(ps-50%)
gapdown: if it gives breakdown after consolidation then sell (ps-70%)
#NIFTY Intraday Support and Resistance Levels - 01/08/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19770 level and then possible upside rally up to 19860 & this rally can extend another 100-120 points if market gives breakout 19870 level in today's session. in case nifty trades below 19730 level then the downside target can go up to the 19620 level.
nifty pre market analysis31JULY ANALYSIS:
Daily analysis:
Nifty opens:
side: sell if it breaks down (PS-70%)
gapup: wait for price-action and only in later half if breakout above 19760 then think of buying(ps-50%)
gapdown: we will sell if market breaks after some consolidation
on big gapdown we will wait for price-action, trade on either side breakout in small qty
Note: PS means position size
nifty pre market analysis26JULY ANALYSIS:
Daily analysis:
Nifty opens:
side: buy if it breaks up with some consolidation (PS-30%)
gapup: for gap up wait for price-action and buy if give breakout after some conolidation(ps-50%)
we will buy only when market closes above 19785 (PS40%, if gives breakout after 12 then 60%PS)
gapdown: we will sell if market breaks after some consolidation
- on big gapdown we will buy if market makes 5 min bullish candle
nifty pre market analysis24JULY ANALYSIS:
Daily analysis:
Nifty opens:
side: could remain volatile
gapup: for gap up wait for price-action and then buy if market goes up after some consolidation(ps-50%)
if a morning star candle formed at previous swing of 19820 we could sell in small qty (ps-20%)
gapdown: we will sell after some consolidation
NIFTY--Which is Support @19500 or Trendline ??The NIFTY index again broken the ATH...
multiple times break out above ATH and it's reversal....
so what happens in nifty is...the trend is bullish to Sideways...
it is also moves in a channel...
price faced resistance multiple times @19500-19520 zone...
if tomorrow price acts as a support...it again moves up...
if price again falls below price is continue its movement upto the trendline...
we have trendline support as well...until price breaks this trendline will be on the buy side...
if trendline failed to acts as support,the same zone is acts as resistance...
sellers takes price again to bottom side...
All this is pre and post market analysis...we cannot assume anything what happens...
will see on live market what's happening...
If this post is helpful please give me a like...
thank you guys for supporting me...
NIFTY--Fall or Rise??Price broken the strong demand..tested the supply zone...and fall happens..
will it fall more...rise from this level...
price has broken the trendline as well...
if price falls without retest...later will test the trendline and fall more.
if a continuous fall happens it will rise from the 19260-19280 zone to some extend and fall.
after clearing the bullish gap left..price will rise towards the trendline or previous resistance.
careful at these levels...without any confirmation don't take any action.
please check the previous analysis on bottom links...
thank you very much..
