Trade Setup for 14t DecHey friends,
here with i have shared my analysis for 14th sep and logic of todays trade.
Niftylong
Nifty 50 Price prediction 2023-2024Nifty 50 Swing and Long Term trading price prediction | Nifty 50 Price Prediction 2023 and 2024.
NIFTY in medium Term looking Solid. Market got a boost by the better than expected US Inflation numbers. Hoping that Federal Reserve US will either halt or milden their hawkish stance to control inflation Global markets have reacted positively. Indian market was no exception and rallied upwards. FIIs are also buying Indian equity again and Dollar index is getting weaker which can strengthen Indian Rupee.
All these events can lead the market further up in the coming weeks.
Long Term Target for NIFTY now is 19534.
Important Resistances: 18351 and 18604.
Important Supports: 18099 and 17872 .
Nifty Levels & Strategy for 13/Oct/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
NIFTY
Today, Nifty traded perfectly within previously identified range (please refer yesterday's chart & strategy). FIIs have flipped the their side from selling to buying and retail flipped from bullish to bearish . We need to trade patiently and wait for right trade setup then working level by level based on technical indicator is likely to remain profitable (e.g. buying near previous day's low and profit booking near major resistance level).
FIIs/Big players did exactly opposite to what retail traders did. Today, bears got trapped heavily. Retail traders should trade only in monthly options with strict SL else continue to donate your hard earned money to FIIs/Big players.
Tomorrow's expiry is likely to remain volatile. Bulls, bears & options writers are likely to get chance to make decent money who will work patiently. Shall we continue with sell on rise near resistance levels and buy on dips near major support levels if you get good trading setup ????? Yes, I think so. What do you think?????
NIFTY SCORECARD DATED 12/OCT/2022
NIFTY IS UP BY 140 POINTS
Name Price Previous Day Change % Change
Nifty 17124 16984 140.05 0.82%
India VIX 20.18 20.49 -0.32 -1.54%
OPTION STATISTICS BASED ON 13/OCT/2022 EXPIRY DATA
Max OI (Calls) 17500 (Open Interest: 10661300, CE LTP: 1.8)
Max OI (Puts) 17000 (Open Interest: 8789700, PE LTP: 35.25)
PCR 0.79 (PCR is in bearish zone)
Nifty Calls:
ATM: Short Covering, OTM:Short Buildup, ITM:Short Covering, FAR OTM:Long Liquidation
Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Long Liquidation, FAR OTM:Short Buildup
Please do share your comments. Let us work & win together. Have a very happy, healthy & profitable day ahead!
Nifty Levels & Strategy for 11/Oct/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
NIFTY
Nifty closed almost flat (-74 points) in red zone. We are nicely coupled with US market. Best part is extent of fall in Indian market is low compare to US & global markets. Today, Indian market has absorbed the selling in US market and again shown tremendous strength. Today morning, gap-down was a known event for everyone after DOW JONES & Nasdaq were down significantly on Friday.
Today also FIIs continued with their selling in cash as well as F&O segments. DIIs & HNIs buying helped recovery from not only from day's low but also crossed yesterday's high. Volatility continued today and market offered opportunities to bulls after gap-down, bears at yesterday's high and professional traders option writers. Working level by level was profitable.
Shall we continue with sell on rise near resistance levels and buy on dips near support levels????? Yes, I think so. What do you think?????
NIFTY SCORECARD DATED 10/OCT/2022
NIFTY IS DOWN BY -74 POINTS
Name Price Previous Day Change % Change
Nifty 17241 17315 -73.65 -0.43%
India VIX 19.62 18.81 0.81 4.31%
OPTION STATISTICS BASED ON 13/OCT/2022 EXPIRY DATA
Max OI (Calls) 18000 (Open Interest: 7487600, CE LTP: 1.3)
Max OI (Puts) 17000 (Open Interest: 7910900, PE LTP: 42.65)
PCR 0.93 (PCR is in sideways to mild bearish zone)
Nifty Calls:
ATM: Short Buildup, OTM:Long Liquidation, ITM:Short Buildup, FAR OTM:Long Liquidation
Nifty Puts:
ATM: Short Covering, OTM:Short Buildup, ITM:Short Covering, FAR OTM:Short Buildup
Please do share your comments. Let us work & win together. Have a very happy, healthy & profitable day ahead!
900 POINTS PROFIT BOOKED, SHORTED AROUND 17710In this video -
1. Position update, booked 900 points profit in NIFTY shorted around 17710.
2. Important levels for coming weeks.
3. Next trade plans and position sizing for same.
Please do like, share & comment.
Also do share your views for coming days & weeks.
Nifty in strong position to gain further.NIFTY has started the week on solid footing and current global positivity can help nifty scale new heights. For gaining further ground tomorrow Nifty will have to close the day above 18000 levels. Failing to do so we can see little bit of consolidation too. Support and resistance levels are as under:
Supports for Nifty: 17800, 17659, 17424 and finally 17204 (in very unlikely circumstances).
Resistances for Nifty: 17996, 18100, 18365 and finally ATH 18606.
Weekly Market Outlook
Nifty this week has given bullish signals. Indications for the next week or so are positive. For NIFTY to crossover to the bullish zone it needs to cross the most important resistance zone of 17925 to 17996. If this zone is crossed we can see the levels of 18127, 18359 or higher.
Most Important Resistance zone: 17925 to 17996.
Other Resistances: 18127, 18359 and 18606.
Support levels: 17786, 17561, 17416 and 17347.
NiftyFutures Key trading levels for 12th Aug 22NiftyFutures Key trading levels for 12th Aug 22
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyFutures Key trading levels for 11th Aug 22NiftyFutures Key trading levels for 11th Aug 22
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyFutures Key trading levels for 10th Aug 22
NiftyFutures Key trading levels for 10th Aug 22
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyFutures Key trading levels for 8th Aug 22
NiftyFutures Key trading levels for 8th Aug 22
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyFutures Key trading levels for 5th Aug 22
NiftyFutures Key trading levels for 5th Aug 22
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyFutures Key trading levels for 4th Aug 22NiftyFutures Key trading levels for 4th Aug 22
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyFutures Key trading levels for 3rd Aug 22NiftyFutures Key trading levels for 3rd Aug 22
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyFutures Key trading levels for 2nd Aug 22NiftyFutures Key trading levels for 2nd Aug 22
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyFuture Key Trading Levels for 1st Aug 2022#NiftyFuture Key Trading Levels for 1st Aug 2022.
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyFutures Key trading levels for 28th July 22NiftyFutures Key trading levels for 28th July 22
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyFutures Key trading levels for 26th July 22NiftyFutures Key trading levels for 26th July 22
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyFutures Key trading levels for 22nd July 22NiftyFutures Key trading levels for 22nd July 22
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyFutures Key trading levels for 21st July 22_ExpiryNiftyFutures Key trading levels for 21st July 22_Expiry.
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyFutures Key trading levels for 18th July 22NiftyFutures Key trading levels for 18th July 22
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty trying to break free form a long term down trend.Nifty trying to break free form a long term down trend 16277 can be a resistance which will take some doing to cross. if it is crosses the next resistance will be at 16498 and 16796. Support for Nifty is at 16135, 16033 and 15993. Good going so far the greatest thing today is that the rally is lead by the most laggard index off late that is the IT index. Things will start to look good if Nifty closes above 16150 today..
