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Tips for nifty

 

What the Nifty has done today:

 

Yesterday post Market update was about the correction at Thursday.

And market went with the calculation.

There was a gap-down opening of 95 points.

As today was derivative expiry, market was choppy.

 

What We Have Done Today:

 

Today updated our Clients to Short NF @11563, Nifty Future made high 11578 and start to fall.

Book profit at 11496.

                                     11563 – 11496 = +67 points (intraday)

               Positional traders are holding short position at Nifty Future.

                   

 

Nifty Future Tomorrow:

 

Vital support of the day is 11442 or 11418.

If Nifty Future take bounce back from this level, then the index may run to more 400 points at coming days.

Nifty Tips Tomorrow

 

What the Nifty has done today:

 

Overall trend of Nifty Future was upward.

As expected, therefore yesterday’s thumbnail was indicating a bounce back from low.

Although expecting some small intraday correction. But market was at its acceleration.

Nifty Future repeatedly and boldly rallied.

 

What We Have Done Today:

 

Today I have given 3 calls.

Call No 1: Short NF @11567 SL 11571. SL Triggered.

                         Losses: 11571 – 11567 = -4 points

Call No. 2: Buy NF @11552, but after delivered the call, NF not come once around this level.

                           Call was not initiated.

Call No. 3: Buy NF @ 11590 Targets 11646.

But NF made high 11626. We book all at 11623.

                          11623 – 11590 = +33 points

 

Nifty Future Tomorrow:

 

Very vital resistance of the day is 11657.50/11664.

After crossing this level, Nifty Future will start fresh running.

Vital support of the day is 11451/11445.

Yes, expecting some intraday correction.

 

kal main Nifty par kaun sa trade karoonga?

 

What the Nifty has done today:

 

Overall trend of Nifty Future was upward. But movement was very zigzag.

निफ्टी फ्यूचर का ओवरऑल रुझान ऊपर की ओर था। लेकिन आंदोलन बहुत ज़िगज़ैग था।

Today’s market movement was not favorable for intraday trading.

आज का बाजार आंदोलन इंट्राडे ट्रेडिंग के लिए अनुकूल नहीं था।

Nifty Future Tomorrow:

 

Above 11566 Nifty Future will run to touch 11663.95/11678.

11566 से ऊपर निफ्टी फ्यूचर 11663.95 / 11678 को छूने के लिए चलेगा।

If such momentum happen tomorrow, then one thing will be clear that correction is find its bottom for the time being.

यदि कल ऐसी गति हो जाती है, तो एक बात स्पष्ट हो जाएगी कि सुधार समय के लिए नीचे की ओर है।

An intraday correction of 180 to 195 points may happened from any of the upper mentioned top.

180 से 195 अंकों का इंट्रा डे सुधार ऊपरी उल्लिखित किसी भी शीर्ष से हो सकता है।

***We have taken help from "Google Translate". please pardon us for any unwanted misspelling.

Nifty Trading Tips

 

What the Nifty has done today:

 

After four day’s rally the index hold at 11568.95. Although it is a reverse point or not, will be clear tomorrow.

 

What we missed today:

Today we have missed two big opportunity.

Number one: Short Nifty Future @11590, but Nifty Future made high 11568.95 and fall sharply.

Day’s low was 11395.

 

Number two: Short 24 Sep’2020 11400 CE @ 248, the instrument made high 246 and made low 156.

 

Nifty Future Tomorrow:

 

Vital support of the day is 11324.95.

Closing below 11277 the index may take next support at 11143.95

From any support level Nifty Future may bounce back around 180 points.

 

Trade tips tomorrow

 

At last three session’s rally pull Nifty Future 2.55% from recent low of 11202.

Friday’s session was sideways. As India VIX fall 2.59% from its previous day closing.

Nifty tips for tomorrow:

The vital support level, from which Nifty Future may take bounce back, is 11393(+/-1).

If so happened, then it will be clear indication that Nifty Future will touch 11533/11538 within first two session of the coming week.

If break 11383/11380 level then the index may test 11259 as immediate support.

Be connected to know the next levels.

Trade setup Friday

 Today’s bounce back or rally was totally one sided.

Nifty Future up-move continued without any intraday resistance.

Start from 11331.35(day’s low) this instrument rallied till 11468.

After five days correction, Nifty Future reversing for last two days.

Tomorrow is vital for the move, because at third day of rally we have to look is there are any changes of momentum or not.

 

Serious traders or market watchers have point out that there was no so called small intraday correction of last two days rally.

If tomorrow Nifty Future takes reversal, then price fall will be same as this rally.

Possibly there will be no intraday bounce-back.

 

Vital resistance of Nifty Future is 11533/11538.

If the index cross this level then may touch 11590 maximum.

On the down side below 11202 (recent low) Nifty Future may take upport at 11045.25 (but not intraday)

Trade setup today

Trade setup today: As expected, opening was in red.

From very opening Nifty Future has corrected slow but steadily.

The index made intraday bottom below 245 points of previous day’s high.

And bounce back approximately 50% of the fall.

 

Now we have to be preparing for tomorrow’s trade.

When writing this post (12:35 am) SGX Nifty October series made high 11358.

What should be the day’s high and low is very vital to know before performing a good trade.

 

Today at last half I have updated at every social media that Nifty Future going to made high 11324.

Last minutes of trading the index made high 11324.

Very vital resistance is 11354.

Today, if Nifty Future fail to cross yesterday’s high (11324).

Then first support may be 11135.

Below this 11072 is crucial support for the day.

Any bounce back between the zones is good opportunity to go fresh short positions.

I have updated a picture to clear everything.

 

 

Trade setup Wednesday

 

Trade setup Wednesday: Opening was on positive node.

Slowly Nifty Future rallied 115 points.

But the index failed to sustain at higher level.

Start to fall at last hour of session.

Fall was of 146 points.

 

Now to enter tomorrow’s trade everyone has to set up before opening.

Let us discuss today what we have done at market, after that will elaborate tomorrow’s trade setup.

Today when Nifty Future cross 11370 levels (at opening it was high), you may describe it as first5 minutes’ high.

When the index crossed the mentioned level, I have decided to go for long.

And I updated my clients, to initiate long positions at 11377 with stop loss 11366.

I was confirming about the resistance 11431.

Therefore the target was 11430.

That first trade ends with a good return of 53 points per lot.

As was sure about the high 11431, initiate and updated our clients to go for short positions.

Stop losses was 11436, but when the instrument made high 11434,and correct some points, it was signal that it will cross 11436.

Therefore exit the trade at 11425.

But this conclusion evoked me t enter a wrong trade.

Enter long position at 11435 and after few minutes SL triggered.

But fourth call has given a good return.

Enter long at 10 SEP 2020 11400 PE @ 100.

And as usual I guided my clients to do so.

End of the session this instrument made high 148.

I told my intraday clients to book profit at 142.

We are holding all.

Overall this trading day ends with great profit.

 

Now we have to be preparing for tomorrow’s trade.

If there is any gap-down opening tomorrow, the index may take first support at 11272.50 or 11270.40.

Slip below 11233 Nifty Future may take crucial support at 11165.

If the mentioned instrument takes support at this vital support level and start to bounce back,

Then a momentum towards upside for 2 to 3 days may start.

Buy at this scenario it is very tough to go above 11794 before some more deep.

So, who are reading this post please don’t initiate long position for wider time frame.

As just say the up move may stay maximum for 2 to 3 days.

If volume support it may take single day.

 

Trade setup for Tuesday | Market heading towards down

After a zig-zag momentum today Nifty Future may fall smoothly on Tuesday.

Tomorrow if Nifty Future fail to cross 11412/11418.90 level,

Then the index will start to correct straight way.

First support of the day is11209.80,

Below this crucial support of the day are 11165.

Vital support level of the week for Nifty Future is 10970 or 11965.

As yesterday written, any intraday bounce back is the good opportunity to go short.

At a falling market always use bounce back as entry for fresh short.

Every intraday traders should trade smooth – earn sure.

Trade setup of Nifty Future at Monday

Trade setup for Monday is vital before initiate your trade tomorrow.

Nifty Future corrected 444 points on 31^st August’2020.

After that the index recovered 244 points at remaining days of the week.

But at Friday Nifty Future has start to correct again.

Tomorrow if Nifty Future opens above 11382.95, then may try to touch 11430/11433.

Otherwise this index Future can take support at 11258.90/11209.80 level.

Vital support level of the week for Nifty Future is 10970 or 11965.

Any intraday bounce back will be good opportunity to go short.

Nifty Correction – 4th Sep’ 2020

 

Hi Friends,

 

Good Morning,

If Nifty Future starts to trade below 11419 then next support is 11253.

At this scenario 11658.55 is looking quite impossible. From last 3 days writing about this hurdle.

And calculate that from this hurdle Nifty Future will start to fall again.

 

Disclaimer: This level is only for watch the market, not to trade. Before investment/trading please consult your advisor.

 

Note: We will meet on my YouTube channel within a very short period.

 

Nifty Trading – 3rd Sep’ 2020

 

Hi Friends,

 

Good Morning,

First crucial support is 11471/11470.50;

Very vital resistance of the day is 11647.35 OR 11658.55;

 

# From day’s high a sharp correction may pull Nifty Future around 178 points down.

Disclaimer: This level is only for watch the market, not to trade. Before investment/trading please consult your advisor.

 

Note: We will meet on my YouTube channel within a very short period.

Nifty Trading – 2nd Sep’ 2020

 

Hi Friends,

 

Good Morning,

Very vital resistance of the day is 11647.35 OR 11658.55;

(At opening vital support is 11422.60).

 

If fail to cross this level (mentioned resistance), Nifty Future may correct to 11481.60……11368.30

 

Disclaimer: This level is only for watch the market, not to trade. Before investment/trading please consult your advisor.

 

Note: We will meet on my YouTube channel within a very short period.