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Niftyindia

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 - Bulls will take control Hi As per findings looks like 5.4. looks complete, if yes then Nifty will not find any hurdle @ 18430 - 18450 & soon will see new ATH or still anything pending on down side then it will find hurdle on these level & will see on more low for further up move (ATH). As the channel drawn on chart nifty will travel in it only to reach new ATH. Any of you carry long position so keep your stop loss 18240 or hedge the position....!!! Have a great trading day....!!!
NSE:NIFTYLong
by VK100982
NIFTY FUTURES SHOW both sidesNifty- huge long positions were build on 5 days future data, huge calls were short in option chain, no build up on put side, people are in fear market will fall, but tomorrow will be up and down day both. as market will go down and up both side. as the data suggest. as fii and hni were buying in index futures to give jump and also buying puts to let indexes down in starting, so data is more negative as per options and positive as per index futures. market will show both red and green, similar story in bank nifty also.
NSE:NIFTY1!
by yogeshaggarwal1981
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