NIFTY1! trade ideas
Day Trader’s Post Market Analysis - Nifty BankNifty-25th Sep ’23Below mentioned points are discussed in my post analysis video(Fast forward to 1:15 for Hindi Audio)
-Bearish -> Bullish -> Bearish!
-No Volumes in both Banknifty & Nifty
-Today's day low in Nifty Spot is a level to watch.
-How will i trade when market opens tom
Shakeout at the ATH - NiftyWeekly Timeframe:
1. Engulfing candle: Depicts bearish sentiment, trend reversal indication.
Daily Timeframe:
1. Climax Top: 11 consecutive highs followed by selling. This is one of the characteristics of trend reversal; it is often accompanied by exhaustion, a sudden spurt in volume, and then selling like falling knives.
2. Heavy selling: distribution Signs are reflected through the volume.
Reasons,
1. Rise in Crude Oil Price
2. Inflation Fear
3. FII-Sell off 121367 Cr
Way forward,
Support Levels,
S1: 19200
S2: 18600
Trade Opportunity,
1. Niftybees: Hold
2. Futures & Options: Monthly Straddle
Day Trader’s Post Market Analysis - Nifty BankNifty-22nd SepBelow mentioned points are discussed in my post analysis video(Fast forward to 0:55 for Hindi Audio)
-Banknifty Volumes did create a structure.
-Trail Sl Hit in Bullish View
-Bearish View in Nifty Considering the Close!
-How will i trade when market opens on Monday
Day Trader’s Post Market Analysis - Nifty BankNifty-21st Sep ’23Below mentioned points are discussed in my post analysis video(Fast forward to 0:57 for Hindi Audio)
-Good Volumes again in nifty
-Couldn't capture the big moves in Banknifty
-Sold Nifty Future at a Bad price and Paid the dues.Expiry Stunt?
-How will i trade when market opens tom
Daily market analysis for tomorrow 21st SeptDaily Show on NIFTY, BANKNIFTY, FINNIFTY and USDINR, where we try and predict the market direction for tomorrow by technical analysis, Open Interest (OI) data analysis, FII DII data analysis and much more. This show gives insights into the market and is especially useful if you are a beginner who has just started options trading and wants to learn how to trade using price action and other chart techniques.
Disclaimer: This is not an investment recommendation, advice, research report, or stock tip of any nature. We are doing this only to understand how to read derivative data and perform technical analysis. Strictly for educational purposes only.
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Gift Nifty , Nifty future showing weakness For all trade on my Auto Harmonic patterns indicator trade setup -
Risky trades can take trade after crossing 23.6% on either side and safe traders can take trade after 41% We can start buying when our Trailing SL hit at 23.6% with SL of recent low our Target will be 41%, 78.6% , 127.2% 161.8% and 223.6 % , when reversal pattern appears on chart we have to trail our SL if trailing SL hit exit from long trade and initiate sell trade ,
Day Trader’s Post Market Analysis -Nifty BankNifty-15th Sep ’23Below mentioned points are discussed in my post analysis video(Fast forward to 0:43 for Hindi Audio)
-Scalp Buys in Nifty Near Lows
-No Trades in Banknifty Future
-Nifty should retest 20140-20150 levels!
-How will i trade when market opens on Monday
Nifty Futures approaching crucial priceThe price is ideal for a high probability setup. We now have to wait to see the price action.
Bullish Momentum if: Last swing remains safe and a strong weekly candle closes above 17200-17400 levels. 2nd "higher low" in weekly chart will be a good pattern to build positions with a small stoploss targeting frest ATH.
Crash Scenario if: Market opens on any Monday very near or below last swing. This will cause buyers' stoploss @1st "higher low" to hit dramatically, triggering sharp selling.
If market slowly comes to the support level intraday, it will mean there is no established trend. Buyers' stoploss will be hunted and volatility is likely to continue as it has been so far this year.