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Nifty Spot.... Martching to new ATH ....??Nifty structure overall not sustaining above 15964 levels. Rather 15888 - 15930 levels are acting as a severe offloading zones. FIi are nett sellers in July so far... US Markets are @ ATH over all global cues / Sentiments are positive as off now... But at higher levels we should be cautious Stay properly hedged. Levels defined... Strategy : Buy on dips near bullish level defined. For July Month Important levels see attached study below. Like... Share.. Follow...
NSE:NIFTYLong
by emraldconsul
Nifty 50 Intraday Trade Setup for 26th July 2021Good morning Traders, The IN50USD is trading on a crucial level. The index is making a range and also a demand zone at 15,750 to 15,830 level. Here we have two buying ideas First is from 15,740-15,750 levels, Second is above 15,830. Stoploss or risk is less here and target on the upside is 15,992 (first) & 16,023 (second). If I calculate the risk to reward ratio, it's pretty much good here. You must be careful and keep an eye on the 15,700 levels, In case it breaks the support then the demand zone will be invalid and we may see a correction 15,600-15,550 levels. First things first, I'll update the fresh chart once the SGX Nifty & IN50USD Index is open & post a fresh view after I get some fresh Intraday data. Good Luck Virendra Pandey
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by CodeViser
5
Nifty Intraday for 29th June and view for Next weekHello Everyone, Hope you guys have done well in the monthly expiry and made enough bread now let's talk about today intraday and for the Next week as well. you have seen that how Harmonic patterns work and can count every and each swing. You Just need to understand the momentum and the Market structure. Nifty is Trading on their resistance as per Harmonic ABCD pattern and a correction is Possible from 15,400-15,440 but a trend line is holding the trend so do not rush to open a short Position and its also against the mid and long term trend so I would not suggest to short until 15,270 breaks. We are getting 180 Point range for today and for next week as well. Good Luck
NSE:NIFTY
by CodeViser
5
Nifty 50 Intraday Trade Setup for 26th May 2021Good morning Traders, The index is trading on a crucial and narrow range, You must be careful today because today is the last day before the Monthly Expiry. High Probability is Writers Play their game and manage the premiums in today's trading session. The problem is we are getting a very big Range in the Intraday 15,100 to 15,300 which is quite big for Intraday. Try to Understand the Range 200 Points Index has space to move 200 points Intraday before the breakout or Breakdown which is a sign for a volatile market so Be careful and trade according to the level. Good Luck Virendra Pandey
NSE:NIFTY
by CodeViser
4
Nifty 50 Intraday Trade Setup for 11th May 2021Good Morning everyone, Hope you all are doing great and did good in the last week, Index short term trend is bullish and we have seen 500 points up move in the last week but the main problem is Index momentum in intraday is so choppy & messy and most of the movement comes with a gap up then the market turns sideways all over the day which is not tradable in the Intraday. Let's talk about our trade setup for 05th May 2021? Key Factors =================== 1-The index is trading on their Harmonic PRZ. The level is 14,972. which can act as resistance. 2-India USD and SGX Nifty both are trading on a Negative Note. Almost 114 Points down from the previous day closing. 3-Index Intraday Support is at 14,700. 4- Higher Trend is still missing and the wider range is still valid from 14,000 to 15,000. 5- 15,000 is the Phycological resistance confirmed with the Harmonic PRZ. Intraday on 05th May 2021. ================================ Intraday Range is 15,000 to 14,700 which is very big and can create a problem is the Intraday. The index is about to Open around 100+ Point gaps down so you must know the support area which is 14,700-14,730. Risky and Aggressive Traders can create a long position from the support zone with minimum sl and can hold the Position if 30-minute range breaks on the upper side, Disclaimer: I am not a SEBI Registered Research Analyst and all the information provided here is for educational purposes Views are shared based on market research and study and personal in nature. Others can take different views and opinions. Good Luck and Happy Trading Virendra Pandey
NSE:NIFTY
by CodeViser
11
Nifty 50 Range for Today and for Next week Good Morning everyone, We Have seen around 1000 Point corrections in the last couple of months in the Index. the Index is trading on its daily and weekly support. Confirmation Required at this Point. marked the Intraday Range on the chart but the problem is Ranges are big at this point. 250 Point range is quite big for Intraday but we can't do anything about it because the volatility of the Index is too high. Wait for the direction and it comes on breakout or breakdown. High probality Trade is the downside. At this point, we are getting 2 harmonic patterns in the nifty Index A: XABCD pattern which will be activated above 14500 and target will be 14593 B: ABCD pattern which comes with the current downtrend will be activated Lower than 14250 and the target will be 14035 Note: These levels are valid for today and as well as for next week. Trade only when you will get a direction which is come either on breakout or breakdown
NSE:NIFTY
by CodeViser
1
Nifty 50 Intraday & Expiry Day Trade Setup for 10th March 2021Good Morning everyone Important resistance for today's Intraday is 15270-15300. India 50 has given a good rally in upside after our trading session and closed on 15261. This means we are going to see a huge gap up again. Around 100-120 points. The index is too much volatile these days. So what is the Trade setup for today? Intraday resistance is on 15270. the direction in Intraday comes only on breakout of 15270-15300. Today Intraday strategy is based on a 45-minute range. Use a 5-minute time frame to build your trade setup and wait for the first 45 minutes. Setup your trade on Breakout or breakdown of 45-minute range.
NSE:NIFTY
by CodeViser
7