Get started

Niftyindia

Nifty 50 Intraday view and trade idea for 15th February 2021Good Morning everyone, Hope you guys have enjoyed your weekend and ready to start a new week. Last week we had seen a sideways market, The index has traded in the range. the range is high 15,250 and low is 15,000. There is very little room in upside because of harmonic PRZ. 15,400 to 15,500 the whole area is a supply zone and Index still has 200-300 points. Swing traders must be careful at this point for their position sizing. Trade Setup ============== Long ======= India 50 is trading on a positive note around 60 Points up from the previous closing .so we can see a gap up opening today but you guys need to consider buying only above 15,260. Very little room on the upside as 13,400 to 13,500 is the resistance area followed up with Harmonic PRZ so be alert on Buy-side and buy only above 13,260. Above 13,2600 will give a confirmation to the breakout for the last week range and the index can test their resistance 13,400 to 13,500 in this week Short ========== Short only if Previous low break in the hourly time frame which is 15,080. 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
5
NIFTY COMMENTARY by Kiran WEEK 25... DOES IT END HERE?Hi Friends, it has been a quite a slow and steady week for traders. In the coming two weeks we will get a small correction. Be prepare for that. I will go with the same option 2 BUY HOLD. Your humble trader KIRAN If you liked my analysis, just give me thumbs up or comment, it will boost me to analyze more stocks. follow my profile for new trading ideas (kiransunku2016) --------------------------------------------------------------------- The five conditions I watch regularly are. 1. BUYing opportunity 2. BUY hold 3.Wait for trend confirmation 4. SELLing opportunity 5. SELL hold. --------------------------------------------------------------------
NSE:NIFTYLong
by KiranSunku2016
Nifty 50 Intraday Trade Setup for 28th January 2021Good Morning everyone, Today's analysis is on India 50 because our Nifty has not enough data to show and I have interested more to knows the FIIS positions. India 50 is listed in Oanda and mostly FIIS positions are there. A clear sign that FIIS are started to book their profit. You guys need to understand the differences btw Profit booking and in Sell off. The current downfall is the correction for the previous bull run. According to India 50 13,700 to 13,800 is the first stop the current fall. Remember this is Important support for Nifty 50 as well. Harmonic ABCD pattern is sitting on 13.716 so book your swing position before this level. If Index failed to hold this level then we will see more pain and Index can go to their next support but I strongly believe that Index will respect harmonic prz . A small bounce can be expected. Trade setup =============== FIIS in profit booking mode and the Index is going to open with a gap down might be 100-150 points. Due to expiry, there are higher chances to see a recovery from the support. so wait for the first 15 minutes to see the Index direction and take to decide according to it, Go in long position if Index breaks 15-minute candle high and sell if 15-minute candles low break. Stop loss is vice versa and the target is open. Good luck and have a profitable day ahead Virendra Pandey
I
by CodeViser
2
Trade Set up See here I have made major support and resistance lines in a 1 hr Chart for Nifty. As you can see 14347 to 14443 (86 Points ) zone is a painful one. Markets can be very volatile in this range hence for this zone best will be to use an option hedging strategy, do not take a directional view in this range. Also, keep an eye on the support trendlines near closing i.e 14371. Closing below support Trendline line (Retest may occur or not I can't predict if it does and again red candle forms then markets will definitely touch 14222 and then to next support ) will cause some selling. Use these support and resistance and trendline to enter trades. In terms of going long look for trendline breakout in 30 or 15 min candle. Remember as markets fell heavily on Friday therefore general trend in the retail trader is to short the market. You shouldn't be impulsive in shorting, always wait for confirmation don't get trapped on any side, try to read the psychology of 90% of traders, and smartly make your move. See those who missed the rally will always come to buy at major support levels, hence you can use these to do scalp trade on the buy-side too to earn quick money till budget during intraday.
NSE:NIFTY
by vivekz_142
2
Nifty 50 Intraday View & Trade Setup for 22 JanuaryNifty Update ================== We have seen a dot reversal and huge correction in yesterday's trading session from the hourly harmonic PRZ. The main question is does the negative sentiment will continue or we will see a short-covering today? In the chart you can see 3 patterns . 2 Were already completed and did their job now third is active and the target of the third pattern (Half Bat) is 14,450 to 14,426. which is still far away from the current level but still need confirmation. Short ========= 14560 is the key support for today Intraday short if Index break this level and sustain lower sl is 14600 and Target is : 14,500/14,450/14,430 Long ======== Long position can consider only when the pattern failed Level is 14,650 Stop loss : 14,590 Target : 14,700/14,750/14,780
NSE:NIFTY
by CodeViser
9
22nd Jan Nifty levelsBuy above and Sell Below levels are given. Simple Low Risk approach: If Nifty Opens, sustains (takes support from 20 ma) and goes up in the Green Zone, buy. If Nifty Opens, sustains (takes support from 20 ma) and goes down in the Red Zone, sell. If Nifty opens in the white zone, wait for the trend to reveal itself. Ignore everything else. This works best if the gap up isn't too much but could work regardless. Do not initiate any trades before 9:45 AM. I generally wait till 10:15 AM before even thinking about taking a trade. Riskier approach (Ignore if you like playing safe) If price opens in the Green Zone and crosses over to White, sell. If price opens in the Red Zone and crosses over to White, buy. All analysis is for educational purposes. Please consult your financial advisor before initiating a trade. Entry points: Support or rejection from 20 ma at 5 min TF. I want to publish these ideas on the 5 min TF, but somehow Trading view isn't allowing it so....
NSE:NIFTY
by RameezReza
21st Jan Nifty levelsBuy above and Sell Below levels are given. Simple Low Risk approach: If Nifty Opens, sustains and goes up in the Green Zone, buy. If Nifty Opens, sustains and goes down in the Red Zone, sell. If Nifty opens in the white zone, wait for the trend to reveal itself. Ignore everything else. Riskier approach (Ignore if you like playing safe) If price opens in the Green Zone and crosses over to White, sell. If price opens in the Red Zone and crosses over to White, buy. All analysis is for educational purposes. Please consult your financial advisor before initiating a trade.
NSE:NIFTY
by RameezReza