NIFTYNIFTY levels are based on imbalances
1. gapup 24480 long
2. 24480-24380 trade breakout
3. gapdown 24380 short
NIFTY1! trade ideas
Day Trading Bought Nifty twice around vwap-24th Oct ’24 Below mentioned points are discussed in my post analysis video(Fast forward to 0:42 for Hindi Audio)
-No trades in the morning
-No Volumes in the morning before 10
-Bought Nifty twice around vwap
NIFTY! October 24, 2024 1hr TimeframeNIFTY! October 24, 2024 1hr Timeframe
-If price rejects from mid points of 1hr sibi then expecting Sellside liquidity as next draw on liquidity.
NIFTYNIFTY levels are based on imbalances
1. gapup 24550 long
2. 24550-24450 trade breakout
3. gapdown 24450 short
Day Trading Nifty-23rd Oct ’24Below mentioned points are discussed in my post analysis video(Fast forward to 0:24 for Hindi Audio)
-No trades in the morning
-No Volumes in the morning before 10
-24480 was a good level to watch
NIFTYNIFTY levels are based on imbalances
1. gapup 24600 long
2. 24600-24480 trade breakout
3. gapdown 24480 short
Day Trading Bought Nifty around 24750-22nd Oct ’24 Below mentioned points are discussed in my post analysis video(Fast forward to 0:57 for Hindi Audio)
-No trades in the morning
-No Volumes in the morning before 10
-Bought Nifty around 24750
NIFTYNIFTY levels are based on imbalances
1. gapup 24920 long
2. 24920-24700 trade breakout
3. gapdown 24700 short
Day Trading Sold Nifty around 24780-21st Oct ’24Below mentioned points are discussed in my post analysis video(Fast forward to 0:33 for Hindi Audio)
-No trades in the morning
-No Volumes in the morning before 10
-Sold Nifty around 24780
NIFTYNIFTY levels are based on imbalnces
1. gapup 25000 long
2. 25000-24850 trade breakout
3. gapdown 24840 short
Day Trading Bought Nifty around 24820-18th Oct ’24Below mentioned points are discussed in my post analysis video(Fast forward to 0:50 for Hindi Audio)
-No trades in the morning
-No Volumes in the morning before 10
-Bought Nifty around 24820
NIFTYNIFTY levels are based on imbalances
1. gapup 24890 long
2. 24890-24800 trade breakout
3. gapdown 24800 short
Day Trading Sold Nifty around 24850-17th Oct ’24 (Hindi Audio-1Below mentioned points are discussed in my post analysis video(Fast forward to 1:23 for Hindi Audio)
-No trades in the morning
-No Volumes in the morning before 10
-Sold Nifty around 24850
NIFTYNIFTY levels are based on imbalances
1. gapup 25075 long
2. 25075-24975 trade breakout
3. gapdown 24975 short
Day Trading Sold & Bought Nifty - Sl hit-16th Oct ’24 Below mentioned points are discussed in my post analysis video(Fast forward to 0:52 for Hindi Audio)
-No trades in the morning
-No Volumes in the morning before 10
-Sold & Bought Nifty - Sl hit
NIFTYNIFTY levels are based on imbalances
1. gapup 25150 long
2. 25150-25075 trade breakout
3. gapdown 25075 short
Day Trading Sold Nifty twice around 25140-15th Oct ’24Below mentioned points are discussed in my post analysis video(Fast forward to 0:58 for Hindi Audio)
-No trades in the morning
-No Volumes in the morning before 10
-Sold Nifty twice around 25140
NIFTYNIFTY levels are based on imbalances
1. gapup 25270 long
2. 25270-25170 trade breakout
3. gapdown 25170 short
Day Trading Bought Nifty around 25220-14th Oct ’24Below mentioned points are discussed in my post analysis video(Fast forward to 0:48 for Hindi Audio)
-No trades in the morning
-No Volumes in the morning before 10
-Bought Nifty around 25220
NIFTYNIFTY levels are based on imbalances
1. gapup 25080 long
2. 25080-25000 trade breakout
3. gapdown 25000 short
Day Trading Sold Nifty around 25050- SL hit-11th Oct ’24Below mentioned points are discussed in my post analysis video(Fast forward to 0:36 for Hindi Audio)
-No trades in the morning
-No Volumes in the morning before 10
-Sold Nifty around 25050- SL hit
NIFTY H&SKey Points:
Head and Shoulders Pattern: This is typically a bearish reversal pattern when it occurs at the top of an uptrend, suggesting that prices may continue to drop after breaking the neckline.
Neckline: The horizontal support level (in red) that has been broken or is at risk of being broken, which could confirm the downtrend.
Volume: It is often useful to confirm this pattern with a volume decrease during the formation of the Head and an increase during the breakdown.
Potential Action:
If the price breaks and closes below the neckline (the red support line), it could signal further downside, indicating a potential sell signal.
Traders may set a target by measuring the height from the neckline to the top of the head and projecting it downward from the breakdown point.
