NIFTY1! trade ideas
Opening in the Bear's den. Nifty is all posed to open in the Bear's den. The higher probability is a few up ticks and then bears overporwer the bulls and sell aggressively. But if the bulls are aggressive enough and fresh buying comes in, there will be an epic short covering rally. Be prepared to trade. Could be a happening expiry.
Day Trading Nifty- Scalp sold Nifty around VWAP 14th May ’24 Below mentioned points are discussed in my post analysis video(Fast forward to 0:24 for Hindi Audio)
-No Trades in the morning
-Nifty Had poor volumes before 10
-Day Trading Nifty - Scalp sold Nifty around vwap;SL Hit
-How will i trade when market opens tom
Rise to be sold into!The higher the Gap up today, the mor confident I shall be to sell on the first tick. There is one stop NIFTY missed in this pilgrimage downhill: "21800". When she realizes it, she would turn around and rush to make that final downward journey before continuing up to where she belongs.
A gap down opening is when things will become tricky. In this case there might or might not be a retracement to gather longs before falling.
Day Trading Nifty-Scalped Sold Around Vwap-10th May ’24Below mentioned points are discussed in my post analysis video(Fast forward to 0:36 for Hindi Audio)
-No Trades in the morning
-Nifty had Buy volumes in the morning
-Scalped Sold Around Vwap;Same Structure as yesterday!
-How will i trade when market opens tom
NiftyCrucial days ahead. Nifty futures, if it breaks 21813.60, we will have some retracement but will be heading to 21060.
Break of 21060, we will definitely go to 20270, again via some retracement.
This is pole-base-flag pattern playing out in a weekly timeframe.
We are not in a bear market, but 10-15% correction may loom before we head back to the bullish trend again.
All this only if we break 21813.60. Be watchful.
Nifty @ crucial areaThe major support and OI writing was peak at 22000, which had broken by bears. More over on regression channel on day candle, nifty will take support or break below? Next major supports below for next expiry is 21500/21000 and resistance is 22300/22500..Fii are selling and secure the fund to reinvest one or two day before election result...VIX touched 52wk high of 19.17...Tommorrow slight recovery expected before the global event at evening.
Gann would short. Supplement Idea for FunHints in May – supplement idea for fun, see if you can crack it.
Ref. 4.20.'24
13th. (~29.00)
"His ruling planet applied to an evil aspect of Uranus,
indicating great worries following the starting of this
journey. Said that he had planned his marriage for an
unfortunate day and that it was better that it did not
take place at that time"
<->
"The symbol and meaning of this name is "one who sees
the sun,'' the vision of the sun, and indicates great
intuition, keen perception and power of foresight. Gene-
sis 49: 3-4:"
18th (~34.00)
"If you will visit cities near beautiful watering places in the
South or Southwest, and could come in contact with an honest
spiritualist or clairvoyant, it may be of some benefit and help
in some way to solve the mystery. In view of the condition
of your health and the planet Saturn is afflicting you look instead to its neighbor - the giant without rings, it
would be advisable to spend the balance of the Winter and
early part of the Spring in a tropical climate."
<->
"In the Fall of 1928, they completed
an invention of Sun-mirrors, whereby they were able to
collect the rays from the sun and produce heat power-
ful enough to melt down skyscrapers in a few minutes."
Day Trading Nifty-Bought for a Target of 22500 break-8th May ’24Below mentioned points are discussed in my post analysis video(Fast forward to 0:25 for Hindi Audio)
-No Trades in the morning
-No Volumes in nifty before 10
-Bought Nifty Future for a Target of 22500 break;TSL was hit.
-How will i trade when market opens tom