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Nifty 50 Intraday Trade Setup for 01st November 2021 Good Morning I hope you guys had a great weekend We were closed on Friday at 17,671, which was almost 1.04% negative from the previous trading session. The index looks weak here and can correct more in the upcoming days. FIIS profit booking is continuing, and this is the main reason for a current downfall. Over than 63,000 crores Cash out from the market, which is a considerable amount. The main question is, what is our trade setup for today and in the upcoming days. Let's talk about the Important Levels. Resistance 1 : 17,950 Key Resistance : 18,050 to 18,100 Key support : 17,650 Today Trade setup =================== India usd and sgx nifty has recovered in the Friday trading session after our market and managed to close at 17,796, almost 100-120 points up from our market closing. A sign for an 80-100 points gaps up the opening. Market sentiment is negative,so you must be careful and prefer the range shift strategy (wait to break out for the first 30-45 Minutes range)
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by CodeViser
Nifty Update for 20th October 2021 NIFTY50 INDEX has given a non-stop rally from 8th October and made an All-Time High of 18,600, from where we have seen a selloff. Bear Sentiment is on and it will continue if the low of 18,380 is broken. High probability trade is on the short side as Index has formed a Harmonic Half Bat pattern and its neckline is placed at 18,380 Consider a short position below 18,380 Or short from 18,500 levels if we see a gap up opening in the Indian Indices. 18,480-18,520 is resistance and will act as a supply zone. Trade setup ============== Key RESISTANCE is: 18,500 Key SUPPORT is: 18,200 Trade Accordingly!
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by CodeViser
Nifty Update for 18th October 2021 We will see a flat to a positive opening in Indian Indices today as per IN50USD data. NIFTY50 Index is trading at a supply zone/PRZ zone which we have calculated using our HARMONIC XABCD Pattern. Today Index has a narrow trading range, and we may see the Index trading on both sides today. Nifty Major resistance 18,400 levels. 18,240 will act as a support. For Buying (long) Consider a buying position above 18,360 for the targets of 18,400/18,420/18,450 For Selling (short) Consider a short position only below 18,305 for the targets of 18,290 to 18,260 Be careful the range is small, and we'll see the movement on both the sides, Quick profit booking suggested. Trade setup ============== Key RESISTANCE is: 18,400 Key SUPPORT is: 18,240 Trade Accordingly!
NSE:NIFTY
by CodeViser
Nifty 50 Trade setup for 13th October 2021Good Morning Everyone, In yesterday's trading session, The Index has managed to close above 18,000, a sign of strength. We know the trend is still bullish, and the index has broken an Important level, but the main question is intraday because of both sides' moves. Intraday is very tricky in today's trading session because only 24 hours left in the expiry. The market structure is bullish in the hourly time frame and making higher highs. Harmonic ABCD pattern has given a dot reversal in Monday trading session and create a range that is valid for today's trading session. We will see a direction on a breakout; otherwise higher chances to see the range again. Trade Setup ================== Build long Position if the Monday high of 18,050 broken for the target of 18,150 and 18,200. Short Position can build lower than 17,940 for the targets of 17,900 and 17,850 Trade setup ============== RANGE HIGH: 18,050 RANGE LOW: 17,940 Essential support is: 17,800 Key Resistance is: 18,200 Trade Accordingly
NSE:NIFTY
by CodeViser
Nifty 50 Trade setup for 12th October 202Hope you guys have done well in yesterday's trading session. The index has breached their psychological resistance by 18,000 but failed to close above then it. The market structure is bullish in the hourly time frame and making higher highs. Harmonic ABCD pattern has given a dot reversal in yesterday's trading session and this level is valid for today's trading session as well. Build long position if the yesterday high of 18,050 broken for the target of 18,150 and 18,200. Short Position can build lower than 17,900 for the targets of 17,850 and 17,800 Trade setup ============== RANGE HIGH: 18,050 RANGE LOW: 17,900 Key support is: 17,800 Key Resistance is: 18,200 Trade Accordingly
NSE:NIFTY
by CodeViser
Nifty Update for 11th October 2021 We are going to see a flat to positive opening in Indian Indices today. NIFTY50 Index is trading at no trading range of 150 points. 17,800-17,950 is a no trading zone as Index will stay rangebound and will give indecisive moves when it is in the range. Buy if the range high of 17,950 is broken but also keep in mind 18,000 is psychological level above it 18,050 and 18,100 is also possible. For short, Consider it only below: 17,800 levels for the targets of 17,750 to 17,700 Trade setup ============== RANGE HIGH: 17,950 RANGE LOW: 17,800 Key support is: 17,700 Key Resistance is: 18,000 Trade Accordingly!
NSE:NIFTY
by CodeViser
Nifty Update for 08th October 2021 index has been seen trading in a narrow range with volatility. 17,800 to 17,900 is a 100 point no trading zone and also an indecision point. Consider a buying position above 17,900 for the upside targets of 17,950 and 18,000. 18,000 will act as a resistance as it is a psychological level. Below 17,800 Index can fall till 17,700 as it is a dynamic support. We may see a range bound session as there is not much room on either side for Intraday. Trade setup ============== Key support is: 17,700 Key Resistance is: 18,000 High probability of a sideways market today. Use your trading sense to trade. Trade Accordingly!
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by CodeViser
Nifty Update for 07th October 2021 Nifty Update for 07th October 2021 ============================== IN50USD has given a short-covering move after yesterday's trading session. Here’s the Trade Setup for today: According to IND50 data, we are likely to see a gap opening in the Indian Indices. As we know every Impulse has a correction, Index has formed a “HARMONIC HALF BAT” pattern. 17,770-17,800 will act as resistance because of the “HARMONIC HALF BAT” pattern and higher chances of a range-bound market today as the Index has given moves on both sides this week. First, we’ll sell the range as today is Expiry and Index may get stuck in a range today: Range high: 17,800 Range low: 17,600 The total Range is of 200 points which is a quite wider range for the NIFTY 50 Index. The second Trade opportunity is we sell when the Index comes near 17,800 level with a small stop loss of 25 points for the target of range low i.e., 17,600 Quick Profit booking is requested and we may see decay in the Options premium as today is Expiry! Trade Accordingly!
NSE:NIFTY
by CodeViser
Nifty50 Key Support & Resistance for 5th Oct 2021Nifty50 Spot Key Support & Resistance for 5th Oct 2021 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
NSE:NIFTY
by sbkurandwad77
Nifty Futures Key Trading levels for 5th Oct 2021Nifty Futures Key Trading levels for 5th Oct 2021 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
NSE:NIFTY1!
by sbkurandwad77
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Nifty Futures key Trading levels for Oct 2021 Nifty Futures key Trading levels for Oct 2021 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 for before making trading decision. Leave a comment that is helpful or encouraging. Let's master the markets together
NSE:NIFTY1!
by sbkurandwad77
Nifty Futures Key Trading Levels for 30th Sept 2021 Nifty futures Key Trading Levels for 30th Sept 2021 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 for before making trading decision. Leave a comment that is helpful or encouraging. Let's master the markets together
NSE:NIFTY1!
by sbkurandwad77
Nifty Support & Resistance for 29th Sept 2021Nifty Support & Resistance for 29th Sept 2021 After Trending move on 28th Sept may Nifty remain Volatile or rangebound 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 for before making trading decision.
NSE:NIFTY
by sbkurandwad77