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Nifty 50 Intraday Trade Setup for 12th may 2020Good Morning Everyone, Hope you all are doing good and made some good money in yesterday Trading session. Again Nifty failed to break their 1 week range. Yesterday We had seen a huge gap up opening but Index not sustain above then 9400 and closed on 9239.Index currently Trading in a range from last one week upper side level is 9400 and downside level is 9100. This range is most Important for today Trade setup . Index will give momentum if this range break ... Lets see what is the key factors for today Intraday and what is our technical view for today. Key Factors =============== 1- SGX looks weak and trading on 9158 which is 56 point lower then previous closing. We aspect 40-50 Gap down in Nifty 50 Index. 2-March IIP and April CPI numbers will be out on Tuesday and they may have an impact on market’s trajectory over the next few sessions. 3- Last 2 Trading session DOW is taking support from 200 EMA in hourly time frame. Index trading on 24040 which is 157 point low from the previous closing and trading again on 200 EMA. 4-Asian markets were little changed as investors await the release of Chinese inflation data expected to be out later in the day. Nikkei 225 was largely flat in early trade while South Korea’s Kospi dipped 0.38%. Meanwhile, the S&P/ASX 200 in Australia slipped 0.67% 5- Crude Oil Prices is steady and rise. 6-Chinese advisers call for talks on new trade deal with US: Report Technical View ================== Lets talk first about SGX nifty where our Nifty future trade . SGX has also made a H&S pattern in 2 hour time frame which is show weakens of the Index. Neck Line Level is 9,050 check the bellow Image. Resistance ============== Intraday Resistance is on 9400 and Key resistance is on 9,900-10,000 Support ================== Nifty Intraday support is on 9100 and key support is on 8,900 so shorter keep an eye on 9,100 for Today Trading session Tuesday 12th May Trade Setup ==================================== Buy : Only and only if Index sustain above then 9,400 Sell : Sell if Index break week range which is lower then 9,100 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 the different view and opinions. Good Luck and Happy Trading Virendra Pandey
NSE:NIFTY
by CodeViser
1
Nifty Intraday Trade Setup for 11th May 2020Good Morning everyone, Hope You guys having fun in this lock down :P Last 2 week have seen mix movement . Index has made high 9889 and not sustain this level and fallen from their physiological barrier near 10000. if I talk about last week then Index trade most of days in a narrow range. specialty last 2 trading session Thursday and Friday. This range is most Important for today Trade setup . Index will give momentum if this range break ... Lets see what is the key factors for today Intraday and what is our technical view for today. Key Factors ==================== 1- SGX trading 45 points from last Trading session so we might be see a 30-40 Gap up today. 2- Crude is near our Harmonic PRZ and can be sleep from this level. 3-Market will continue to monitor the extent of the spread of coronavirus infections, March quarter earnings and government's next step regarding the stimulus going into new week. 4-US stocks rose on Friday even after the ugliest monthly jobs report ever as investors.Dow jumped 455.43 points, or 1.9%, to 24,3331, closing near its session high. S&P500 gained 1.6%, or 48.61 points, to 2,929, while Nasdaq climbed 1.5%, or 141.66 points, to 9,121.32 5-FII Bough 1,724 CR and DII sell 1503 Ce on Friday Trading session Technical View ================= Nifty Major Resistance is still on 10,000 and Major support is on 8,900. I had seen A bearish divergence in nifty50 and SGX nifty as well . 9100 is an Important level to watch. Index can their support (8900) if 9100 Break..Also a head and shoulder Pattern formed in sgx nifty Neck line is on 9090 . Check The bellow Image . Trade Setup =============== Last 2 day Range is Important . Buy above if Index sustain 9370 and build a short position if 9100 Break. 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 the different view and opinions. Good Luck and Happy Trading Virendra Pandey
NSE:NIFTY
by CodeViser
2
Nifty 50 Intraday & Expiry Day Trade Setup for 07th may 2020Good Morning everyone, Hope you all are doing good and making money from my ideas, Yesterday we had seen short covering , Index is still weak and trading on an edge. Buying side is still risky and Index has taken support from 9100 area and made high 9346.50 but failed to sustain and close on 9270.90.Bear is still strong . India’s Chief Economic Adviser KV Subramanian said stimulus was expected ‘soon’ but it would not as big as demanded by industry, ‘as there is nothing called free lunch in economics Key Factors =================== 1- SGX Nifty is trading on a negative note. Currently trading on 9149.5 which is 105.5 down from Previous day. 2-the Dow Jones Industrial Average was up 60.78 points, or 0.25 per cent, at 23,943.87, the S&P 500 was up 10.94 points, or 0.38 per cent, at 2,879.38 and the Nasdaq Composite was up 97.84 points, or 1.11 per cent, at 8,906.96. 3- Crude Oil is still steady and showing strength in mid time frame. 4--European STOXX 600 index rose 0.1 per cent as healthcare stocks gained on the back of better-than-expected quarterly results from Denmark's Novo Nordisk and German dialysis specialist Fresenius Medical Care. 5- FII sold -493.6 crore and DII buy 322.47 Crore Technical View ==================== Lets talk for SGX nifty first. Nifty is almost on neck line on a H&S pattern. This is a major support and can be see a free fall dump if neck line broken. Nifty Intraday Resistance 9450 and support is on 9100 also Nifty key Resistance is on 9850 and support on 8900. Nifty50 also Trading near on H&S Neck line (9130) Trade Setup ================ A : Long Position can build only and only if Index sustain 9350. B: Short position can build lower then 9100 Level Note : Due to expiry we will follow today intraday ranges which is 9450 to 9100. Idea trade is option writing and you guys need be watch 9300 CE and 9000 PE for 7 may expiry .. Both will be zero at the end of the day. 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 the different view and opinions. Good Luck and Happy Trading Virendra Pandey
NSE:NIFTY
by CodeViser
2
Nifty 50 Intraday Trade Setup for 06th May 2020Good Morning Everyone, Hope you all doing great and made an handsome profit in Yesterday . Index reversed exact from our 1st sell level and it's come from top which was great but what about today ? This is the main question for us. Bear is always strong the Bull and keep one thing in your mind that we are in a bear Market so be careful in long position.Lets check what will be our today Trade setup for 06th may... Key Factors ===================== 1- auto and materials stocks came under selling pressure on Tuesday. 2-US stock indexes jumped on Tuesday as a recovery in oil prices lifted battered energy stocks and a slew of countries eased corona virus-but in today morning DOW fallen again from the opening price and trading -83 point from previous closing.. 3-FII SOLD IN CASH -1059.39 Cr and DII SOLD IN CASH -995.30 Cr. on Tuesday. 4- Crude seems stable and in short term uptrend. Technical View ==================== Supports : Nifty is break the neck line of hourly H&S pattern and managed to closed lower then it . 9140 is a weak support if index break this level then we can see a free fall again and Index can test their major support area which is on 8850-8900. Resistance : First Resistance on 9420 and major resistance is on 10000. Trade setup : ====================== Market is going to open flat and we can see a narrow range today means moment will be slow in Intraday. A : Long position can build above on 9400 B: Short can be consider lower then 9130 Writers can see 9450 CE and 9100 PE for 7 may expiry . 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 the different view and opinions. Good Luck and Happy Trading Virendra Pandey
NSE:NIFTY
by CodeViser
1
Nifty Intraday Trade Setup for 05th May 2020Good Morning everyone, Yesterday was an awesome day ,we did good in Intraday and made a handsome profit in the bear Market but Question is it going to fall again, and what will our setup for today? Key factors ============ 1- Nifty future is showing strength in SGX and on Oanda Exchange. Almost 1.65% ( 153.50) Up 2- US30(DOW) is still looking good in this Morning and trading on 23990 which is almost 0.90% up from the Previous day.. 3- NEW DELHI: Panicked by rising tensions between the US and China, even as world economies struggle to come back to normalcy, domestic indices joined global peers and tanked in the opening trade on Monday. US and China, which barely reached a deal last year to end the 18-month old trade war, are now engaged in another tussle threatening more pressure on world economies and hurting the market sentiments back home. The spat over the origin of the coronavirus put the brakes on optimism about an economic re-start even as cou .. 4- March quarter earnings so far have disappointed investors on Dalal Street. On Thursday, Reliance IndustriesNSE -2.10 %, Hindustan UnileverNSE -5.12 % and Tech Mahindra joined peers who missed Street estimates, acting as a dampener when markets reopened after an extended weekend. 5-The second extension of the lockdown, which will be into force till May 17, eased restriction into certain areas but analysts feared supply side disruptions. 6-Globally, the dollar inched higher, stock markets struggled for traction and oil fell. In reduced trade, with China and Japan on holiday, US stock futures fell 1.7 per cent and U.S. crude tumbled 7 per cent. The safe-haven U.S. dollar rallied to one-week highs against the risk sensitive Australian and New Zealand dollars. 7-Foreign (FIIs) and domestic institutional investors (DIIs) sold shares worth Rs 1,373.98 crore and Rs 1,661.61 crore, respectively, in the Indian equity market on May 4, provisional data available on the NSE showed. Technical View --------------------------- Nifty Major Resistance Area is on 9600 then 9857 and support is on 8900. Nifty already has break the previous support is on 9330 and manage to close lower then it which is a clear sign for bear for this week. Keep an eye on 8900 if Nifty not sustain on this level then we can see 7400 again. Trade Setup ------------------ A: Long Position is still risky and consider 9450 only so wait for this level to come. B : Short is bit tricky and I am getting 2 short levels. 1- If you see any gap up opening and index test 9350-9400 then open a short with 9450 sl . Try to sell from top . 2- Second sell level come bellow then yesterday low which is 9264. 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 the different view and opinions. Good Luck and Happy Trading Virendra Pandey
NSE:NIFTY
by CodeViser
3
Nifty Intraday day analysis & Setup for 04th may 2020Good Morning everyone, Hope your weekend went well and you guys have fun in this lock down period :P Come to point and lets discus about nifty 50. First lets talk about my last analysis on 30th April 2020. I clear mentioned supply zone which is from 9600 to 9978 and this level come from one of harmonic pattern. Index 30th April high is 9984.50 and reversed . Our Nifty future trades in 2 other exchanges and these markets open after our trading session and nifty future is down more then 500 point till now in these exchanges Our Market is going to open today after 3 days so aspect a massive gap down today for sure... Key factors ============ 1- Nifty future trading on 9236 on SGX NIFTY it's almost 600+ point down after our last trading session.. 2 - Global Index is also in Negative. 3- Regrading USA Market May has started on a bad note across markets, as equities took a turn for the worst on the first trading day after US President Donald Trump threatened to slap new tariffs on China over the corona virus crisis and US30 aka Down more then 1500 points in last 2 trading sessions. almost 6.30% 5- On Friday, the government extended the corona virus-induced lock down by a further two weeks, dashing hopes of resumption in economic and business activities 6-In Europe, markets took a turn for the worst on the first trading day of this month after US President Donald Trump threatened to slap new tariffs on China over the coronavirus crisis. Let's see how these thing can affect our Market ----------------------------------------------------------------- Technical View ================ Told you in our last analysis that nifty is not going to break 10,000 level and can be reversed from 9978. Index made 9984.50 and reverse but main question is how much points gap down we are going to see today. As per my analysis we are going to 400-500 Gap down today. Nifty Major support is on 8850-8900 and resistance is still on 9978 Trade setup for today 04th May =================================== Today Trade setup is bit risky and tricky as well because index is gonna volatile as per others trading session. Most of levels were destroy here so we will use our gap down and Gap up strategy in intraday. This is a simple strategy and easy to follow. Mark 15 Minute candle high & low and setup your trade on it. Go in long position if 15 minute candle high break and build your short is 15 minute candle break . More updates will be given in live trading session. 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 the different view and opinions. Good Luck and Happy Trading Virendra Pandey
NSE:NIFTY
by CodeViser
Nifty 50 Intraday Trade Setup for Tuesday 28th April 2020Good Morning sir's, First aspect my apologies for not posting the Intraday Trade setup for Nifty 50 and Bank Nifty Index both.We had seen a narrow range in Nifty 50 Index , Most of come from gap up and Index traded btw 9380 to 9250. This range is valid for today as well and an Indecision. SGX and Onanada both has shown the strength in Nifty future while we're selling so most of chances for a gap up opening. Key Factors =============== 1-Reserve Bank of India (RBI) announced a special liquidity facility of Rs 50,000 crore for mutual funds to calm investors jittery after the Franklin Templeton fiasco. 2- Dow has also shown strength and closed 358.5 Point up from previous trading session. 3- Crude Oil is still weak. 4- Indian rupees are stable 5- According to Option chain data Nifty Range will be 9000-9500 Nifty key Resistance for Intraday is 9500 and support is on 8900 as per my own tech analysis... Intraday Trade setup ====================== Buy : Only and only when nifty cross 9450 and sustain first hour above on it. Sell : Short Position is tricky and I am getting 2 levels A: First Position come from 9370-9400 with 9450 sl . If you see any gap up Opening then you can build your short position here .. For : aggressive Traders B: Safe Trader can build their short lower then 9140 Good Luck and Happy trading
NSE:NIFTY
by CodeViser
6
Nifty Intraday Trade setup for 22 April 2020Good Morning everyone, Yesterday We has seen a major dump in Nifty Index. Total correction is 280 points in Intraday. Sentiment is negative as per we yesterday Negative but as I always said that everyday is different then others in Intraday so do not come on next day on previous day sentiment... Key Factor ============ SGX is almost 71 Points down atm. Dow close lower then 631 points from previous day . Let's see how our market will be react today on the above Scenario Nifty Key Resistance is 9150 and support is on 8700. Trade setup ================= A -Buy Level Build a long position if price sustain above 9050 B- Sell Level ============== Sell if price break 8800 Level Note : Wait for first 30 minute to get the Index settle. These Levels are based on previous data and can destroy on Huge Gap up or gap down so wait first 30 minute and observe the Index move. Will update More in live market... Good Luck and Happy trading
NSE:NIFTY
by CodeViser
#Nifty50 Intraday Idea for 20th April 2020Good Morning everyone, Today is first trading session for this week.We had seen lot of up down in Friday trading session but closing come in Positive way and might be it continue today. Key Factor : ================= 1 = SGX trading little down around 46 point so we can see a flat opening or a small gap down. 2- HDFC bank has reported their Q4 results . Result is good but we need to see how market will react on this news. 3- Lot of Quality stock will be report their profit in this week so Index will be more volatile . Play safe Let's see how our market will be react today on the above Scenario Nifty key Resistance is 9542 for today Trading session and support is on 8684 Trade setup for 20th April =========================== Buy Levels ----------------- 1-We are bullish today so if you see a gap down and downside move in first trading session then wait for 9110 to 9000 to build you long position In Intraday . 2- IF Break Friday session high then you can also build you long there. Sell ----------- Sell if 8800 Break in Intraday. Good Luck and Happy Trading Regards Codeviser
NSE:NIFTY
by CodeViser
#Nifty Intraday Trade Setup for 16th April (Expiry day edition )Good Morning everyone, Yesterday we have seen a clear down move from our harmonic prz area ( 9255) . Nifty close on 8925 so almost 330 points in Intraday . Hope you guys aware from Indian Market. This Market is fully manipulated and operators works against to your emotions. Most of Retail Traders view is in bear side for today. I suggest do not make any view before the market Opening and wait for first hour to see the how market reacts. Global Market Impact ---------------------------- A- DOW down more then 445 point ( 1.86%) B- SGX Nifty is also down more then 110+ Point atm Let's see how our Market Reacts today on the above Scenario Trade setup for 16th April =============================== Nifty key support is on 8660 and it's a B point from an another harmonic patter. Pattern will be activated on 8660 breakdown. I am accepting a gap down today and we need to keep an eye on 8660. Short Position will be activated if Index sustain lower then it . Nifty Resistance Area is on 9140. Long position can consider above the 9140. You guys need to be aware because long has very less room in upside.
NSE:NIFTY
by CodeViser
3
Nifty Intraday Trade setup for 08 April 2020Hello all , We had seen an awesome move yesterday in upside. SGX Nifty is Open in negative today but it does not mean that Index momentum will be change. There is still room in upside as per our harmonic prz . Level is 8944-9034 so Nifty should be touch this level before to give a reversal . Today Trade Setup ================== Buy if yesterday high break. Price is 8825 In case market open Gap down and test 8690-8700 Then buy from bottom.
NSE:NIFTYLong
by CodeViser
1