10 AUGUST ANALYSIS: Daily analysis: PS-Position size Nifty opens: side: if it gives breakdown (2 step - 30+50) gapup: wait for price-action,buy/sell in small qty if inside range gapdown: sell after price-action(100%)
4 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 has plunged as expected but during the last hour of the day took fantastic support at 50 Hours EMA. This support will again help Nifty to have another go at the resistance range of 19450 to 19525 zone. Before reaching this zone Nifty has to cross important resistance of 19419. Supports at 19359 and 19296 are strong ones.
7JULY ANALYSIS: Nifty opens: side: if market give upside breakout then buy (PS-50% ) gapup: wait for price-action/or after retracement we could buy (PS-50% ) gapdown: sell in normal qty only when there is double confirmation (market goes down after consolidation)
5JULY ANALYSIS: Nifty opens: side: if market give upside breakout then buy (PS-50% ) sell on breakdown gapup: wait for price-action if there is huge gapup buy on breakout (PS-50% ) gapdown: sell in big qty only when there is double confirmation
26 JUNE ANALYSIS: Nifty opens: side: if market give downside breakout after consolidation around 18650 then sell (PS-100% ) gapup: wait for price-action trade on whichever direction it gives breakout(PS-20% for upside and 30% for downside) gapdown: wait for further price-action and sell if breaks lower support (PS-50%) buy if hammer candle is formed and...
- if nifty breaks yesterday's high in morning without consolidation than buy in 1/10 qty. - if breakout on upper side happens after consolidation then we can buy. - on lower side if market opens big gap down and consolidate around 18740 then give breakout then we can sell.
If market opens sideways and breaks support then we will sell. If market opens gapup or later half of the market gives breakout after some consolidation than we can buy. on big gap down we will have to wait for further price-action.
Market has become bullish Buy above 18720. Sell only in case market opened with a very huge gapdown and after 15 to 30 min starting trading with bearish price-action
Market again has come to decision making zone. From here market can go up or down both. 18640 for buying breakout 18590(sell small qty)/18560(sell full qty)
If market breaks 18280 then chances of nifty consolidating between 18400-18100 in this month becomes much greater. So you could trade for small targets in between
1. 18320 if nifty crosses this level after opening sideways than we can enter to buy in full 2. if nifty opened with gapdown then we will see price action- if after 5 min it makes hammer and crosses we will buy it 3. if nifty opened gapup then we will wait for 5 min candle on lower side for gap filling - we could buy if market makes some bullish pattern by taking...
IF market opens gapup then chances of volatile market is high If market goes sideways then we can sell if market crosses resistance of 16350
IF market opens sideways and crosses the previous day close then we can buy Sell below yesterday's low or support line.
16200 was strong resistance and market closes above it. Around 16300, there is another resistance, so market could be sideways on monday A) if market opens sideways then we could buy if it makes 5 min positive candle B) if market opens gap up and breaks lower resistance then after looking at price-action we could sell for small target
-If market opens sideways and breaks closing of previous days then sell - if market opens gapup then chances of volatile market is high, we will only buy when market crosses 15900 - if market opens gapdown then we will see futher priceaction
My Thoughts on nifty Intraday levels for Monday 1 November