Markets:- How to Trade Nifty on Monday?

Moneyites June 1, 2020 No Comments

Nifty Tips:- In the previous session, The NSE main index Nifty 50 extends gain by +90 points to close at 9580. The index opens on a weak note but reverses sharply from the support area and hit both the intraday target of 9550-9600 given on the telegram channel. The index hits its second target of 9600 given in the special report.

Day Trading:- The Nifty 50 index violated the trading range to the higher side and since then trading in strong positive momentum. The index three days of consecutive gains added around 570 points to the index. The index is in an uptrend and if manage to sustain above 9400 marks may continue to trend higher in the short run.

The intraday trading strategy is to buy above 9600 in Nifty future and a call option of 9600 strike price can be initiated for the given below targets.

As our levels decode the daily market movements in simple support and resistance levels with high accuracy. So we recommend keeping the below levels at the back of your mind before going for the intraday trading.

Nifty Support and Resistance Level:- The index has immediate resistance at 9600 above this it may retest the level of 9660-9715 to the upside. Whereas below the level of 9540 it is looking weak and may retest the support level of 9480-9400 to the downside.

To get all live updates on market Join our channel:- Stocks2trade Telegram Channel

Nifty Tips

Also Read:–Markets:- How to Trade Nifty on Thursday?

Markets:- How to Trade Nifty on Thursday?

Moneyites May 28, 2020 No Comments

Nifty Tips:- In our special report yesterday, We have a bullish view on the Nifty50 index in the short term for the upside target of 9500-9600 or even 10,000 marks. The index opens gap positive and keeps capitalizing on the morning gains surged by +285.90 points or +3.17% by the end of the days trading. The index marks the day high of 9334 and rallied by around 270 points after the “BUY” recommendation.

Day Trading:- The Nifty 50 index violated the trading range to the higher side and close above it with the positive momentum in the previous session. The index carrying strong positive momentum and if manage to sustain above 9150 marks may continue to trend higher to retest the level of 9500-9600 in the short run.

The intraday trading strategy is to buy on dips on Nifty future and a call option of 9400 strike price for next week can be initiated for the given below targets.

As our levels decode the daily market movements in simple support and resistance levels with high accuracy. So we recommend keeping the below levels at the back of your mind before going for the intraday trading.

Nifty Support and Resistance Level:- The index has immediate resistance at 9340 above this it may retest the level of 9420-9500 to the upside. Whereas below the level of 9270 it is looking weak and may retest the support level of 9210-9150 to the downside.

To get all live updates on market Join our channel:- Stocks2trade Telegram Channel

Nifty

Also Read:–Bulls May Ride Nifty To 9500-9600 levels In Short-Term.

Markets:- How to Trade Nifty on Tuesday?

Moneyites May 22, 2020 No Comments

Nifty Tips:- In the previous session, The NSE main index Nifty 50 shut shop in red at 9039 after losing of -67 points or -0.74%. The Nifty index opens gap lower but turns positive in the early hour of trade. The Nifty 50 loses the positive momentum by the start of the MPC announcement and hit the days worst level of 8969. The MPC slashes repo rate by 40 BPS to 4% in its policy announcement. On WoW basis, The Nifty 50 closes in red with the loss of more than one percent.

Day Trading:- The Nifty index continues its failure to sustain on higher-level forms a Doji formation on the daily chart, signs of indecisiveness. The Nifty 50 index is trading with weakness and closed on a weak note but it may show some bounce back if manages to hold above 8960 but take every bounce as a selling opportunity as long as nifty fails to hold above the level of 9300 on a closing basis.

As our levels decode the daily market movements in simple support and resistance levels with high accuracy. So we recommend keeping the below levels at the back of your mind before going for the intraday trading.

Nifty Support and Resistance Level:- The index has immediate resistance at 9150 above this it may retest the level of 9220-9300 to the upside. Whereas below the level of 8960 it is looking weak and may retest the support level of 8880-8800 to the downside.

To get all live updates on market Join our channel:- Stocks2trade Telegram Channel

Nifty Tips

Also Read:–Markets:- How to Trade Nifty on Friday?

Markets:- How to Trade Nifty on Friday?

Moneyites May 22, 2020 No Comments

Nifty Tips:- In the previous session, The NSE main index Nifty 50 extends gain by +39.70 points or +0.44% to close at 9106.25. The index opens on a positive note and after breaching the resistance level of 9110 it hits our first target as recommended in our previous report. The Nifty index in late hours cools off from the day high and finishes the day in green with the modest gain.

Day Trading:- The Nifty index forms a small green candle and holds above the mark of 9100 in today’s trading session. The index is in positive momentum and bulls may continue to ride if manages to hold above the level of 9050. The index is facing multiple resistance on the higher level so stiff selling pressure can be witnessed from the resistance zone.

As our levels decode the daily market movements in simple support and resistance levels with high accuracy. So we recommend keeping the below levels at the back of your mind before going for the intraday trading.

Nifty Support and Resistance Level:- The index has immediate resistance at 9120 above this it may retest the level of 9180-9250 to the upside. Whereas below the level of 9050 it is looking weak and may retest the support level of 9000-8920 to the downside.

Nifty

To get all live updates on market Join our channel:- Stocks2trade Telegram Channel

Also Read:Markets:- How to Trade Nifty on Thursday?

Markets:- How to Trade Nifty on Thursday?

Moneyites May 21, 2020 No Comments

Nifty Tips:- In the previous session, The NSE main index Nifty 50 extends gain by +187.45 points or +2.11% to close at 9066.55. The index opens gap positive and keeps holding the early gains in the first halves and later its breaches the trading range to extend rally further in the second halves. In today’s session too, the index broke out the level of 892o and hit both the target of 8975-9050 as mentioned in the report and closed above them with positive biases.

Day Trading:- The Nifty index form an aggressive bullish candle and closed near the day high with positive biases. The bulls are in command and if manage to hold above 8950 on a closing basis we can see a rally to continue in the short run. The intraday trading strategy is to buy on dips on Nifty future and a call option of 9200 strike price for next week can be initiated for the given below targets.

As our levels decode the daily market movements in simple support and resistance levels with high accuracy. So we recommend keeping the below levels at the back of your mind before going for the intraday trading.

Nifty Support and Resistance Level:- The index has immediate resistance at 9110 above this it may retest the level of 9170-9220 to the upside. Whereas below the level of 9030 it is looking weak and may retest the support level of 8950-8900 to the downside.

To get all live updates on market Join our channel:- Stocks2trade Telegram Channel

Nifty Tips

Also Read:-Markets:- How to Trade Nifty on Wednesday?

Markets:- How to Trade Nifty on Wednesday?

Moneyites May 20, 2020 No Comments

Nifty Tips:- In the previous session, The NSE main index Nifty 50 registered gains of +55.85 points or +0.63% to close at 8879.10. The index opens gaps higher in the morning and keeps the gaining momentum active to marks the day high of 9030.35 in the first halves. The index in the second halves, off from the day high taking resistance from the level of 9050 give up almost half of its early gains by the day end.

Day Trading:- The Nifty index modestly gains after a wipeout of the morning gains signs of stronger selling pressure on the higher level. The intraday trading strategy is to sell on the bounce and add more shorts below the level of 8800 and if the support level of 8800 is not violated then we can expect some bounce back to the levels of 9000.

As our levels decode the daily market movements in simple support and resistance levels with high accuracy. So we recommend keeping the below levels at the back of your mind before going for the intraday trading.

Nifty Support and Resistance Level:- The index has immediate resistance at 8920 above this it may retest the level of 8975-9050 to the upside. Whereas below the level of 8800 it is looking weak and may retest the support level of 8720-8640 to the downside.

To get all live updates on market Join our channel:- Stocks2trade Telegram Channel

Nifty

Also Read:-Markets:- How to Trade Nifty on Tuesday?

Markets:- How to Trade Nifty on Tuesday?

Moneyites May 18, 2020 No Comments

Nifty Tips:- In the previous session, The NSE main index Nifty 50 declines by -331.60 points or -3.43% to close at 8823.25. The index opens with strength but reverses sharply and after breaching the support level of 9110 it kissed both the target of the downside as mentioned in the previous report.

Day Trading:- The Nifty index forms a long bearish candle on the daily chart. Its index fourth consecutive day of selling in a row and the index lost almost 750 points in the last four trading session. Technically, The index is looking a bit oversold and if the support level of 8800 is not violated then we can expect some bounce back to the levels of 8940-9050 to the upside.

As our levels decode the daily market movements in simple support and resistance levels with high accuracy. So we recommend keeping the below levels at the back of your mind before going for the intraday trading.

Nifty Support and Resistance Level:- The index has immediate resistance at 8940 above this it may retest the level of 9050-9175 to the upside. Whereas below the level of 8800 it is looking weak and may retest the support level of 8720-8640 to the downside.

To get all live updates on market Join our channel:- Stocks2trade Telegram Channel

Nifty

Also Read:-Markets:- How to Trade Nifty on Monday?

Markets:- How to Trade Nifty on Monday?

Moneyites May 15, 2020 No Comments

Nifty Tips:- In the previous session, The NSE main index Nifty 5o declined marginally by -5.90 points or -0.06% to close at 9136.85. The index opens with strength but reveres back and after breaching the immediate support level of 9110 it kissed the first target of 9060 as mentioned in the previous report. Later in the second half, It rebounds from the day low and wipes out almost all its losses for the day. On WoW basis the index has lost 115 points to closed in the red.

Day Trading:- The Nifty index forms a bearish candle after positive opening signs its facing strong selling pressure on the higher level. The index flirting at the level of 9000 breaks down of this level may open more downside to the level of 8800-8700 Whereas Nifty index has crucial resistance at 9275 above this it may trend higher to the level of 9370-9500 to the upside.

As our levels decode the daily market movements in simple support and resistance levels with high accuracy. So we recommend keeping the below levels at the back of your mind before going for the intraday trading.

Nifty Support and Resistance Level:- The index has immediate resistance at 9200 above this it may retest the level of 9275-9350 to the upside. Whereas below the level of 9110 it is looking weak and may retest the support level of 9050-8980 to the downside.

To get all live updates on market Join our channel:- Stocks2trade Telegram Channel

Nifty

Also Read:-Markets:- How to Trade Nifty on Friday?

Markets:- How to Trade Nifty on Friday?

Moneyites May 14, 2020 No Comments

Nifty Tips:- In the previous session, The NSE main index Nifty 5o declined by -240.80 points or -2.57% to close at 9142.75. The index opens gap lower and further correct down to the days worst level of 9119.75 almost kissed our second support level of the day before finally settled for the day.

Day Trading:- The Nifty index forms a consecutive bearish candle with a gap down opening signs weakness to continue and the index closed near the day low with negative sentiments. The crucial support level of 9000 in the index will be on test on Friday and how nifty play out this level? Will have huge significance as it may set the future direction of the market in the coming time.

So a Short position can be initiated below 9110 in Nifty Future or Buy Nifty Option of 9100 put strike price for the given target and keep a note of the fact that if Nifty sustains above 9000 some bounce back cannot be ruled out.

As our levels decode the daily market movements in simple support and resistance levels with high accuracy. So we recommend keeping the below levels at the back of your mind before going for the intraday trading.

Nifty Support and Resistance Level:- The index has immediate resistance at 9195 above this it may retest the level of 9265-9330 to the upside. Whereas below the level of 9110 it is looking weak and may retest the support level of 9060-9000 to the downside.

Nifty

Also Read:-Markets:- How to Trade Nifty on Thursday?

Markets:- How to Trade Nifty on Thursday?

Moneyites May 14, 2020 No Comments

Nifty Tips:- In the previous session, The NSE main index Nifty 5o gains +187 points or +2.03% to close at 9383.55. The index opens gap higher 387.65 points on account of relief package but fails to manage on a higher level reverse half of its morning gains to closed in green by the day end.

Day Trading:- The Nifty index rides on the bulls in today’s trading session but the bears still have the upper hand on the market. The index continued its bearish momentum as closed near the day low with negative biases after opening with strength in the morning. The index facing strong selling pressure from the level of 9450 and failed to close above it.

So a Short position can be initiated below 9350 in Nifty Future or Buy Nifty Option of 9300 put strike price for the given target.

As our levels decode the daily market movements in simple support and resistance levels with high accuracy. So we recommend keeping the below levels at the back of your mind before going for the intraday trading.

Nifty Support and Resistance Level:- The index has immediate resistance at 9440 above this it may retest the level of 9530-9620 to the upside. Whereas below the level of 9350 it is looking weak and may retest the support level of 9230-9110 to the downside.

Nifty

Also Read:-Markets:- How to Trade Nifty on Tuesday?