Nifty - Trade Intraday

[paras_123]

Lesson One

In many a trading schools around the world, The first thing they teach the trader for first 3 months is trade execution with 3 ticks as profit. only thing a trader need to do is this.

Look who is on upper hand, buyer or seller. No graph, No historical data, Just Volume and Price.

Would be great if any one of you could do it.

after that further guidance would be given regarding technical analysis and so on....
Hopefully you may not understand it, but give it a shot. Its amazing.

Best Regards,
Paras

 

[paras_123]

5233 - 5214 support,
Upper side , 5262 resistance....

Selling opportunity - required at 5213-5218 with 5190 t1 and t2 5176, SL 5252.

 

[paras_123]

currently nifty holdng support at 5125. to 5130, if we cut high of today, and we see some volatility, expect target on upside as resistance as ---- 5174, 5197, 5212.

Buy at 5166 with a target of 5173, 5194 and 5204 - 5210.
with no stop loss as i am expecting volatile market, in case we vut 5166

 

[paras_123]

Trade Intraday

on a position basis, clsing below 5108 is must, we cut 5250 and close above it and convert into a bull run, seems tough. then again rally 150 points,
for that a People Participation, money inflow is required. High Probability market would fall.

We 'll close below 5108 is must. correction will make markets more strenghten.

Upper side we could see a range if we don't cut close here - 5153-5157, further sustain buying will come on the upper side of 5172.

i ll sell on higher places, with 5250 as a Stop Loss

and today could be inside day... Let s See

 

[paras_123]

5090 todays support, buy if we trade above 5138 and clears 5145.

 

[paras_123]

Reversal for bulls stand at 5210, closing above it would make shrt term trend bullish.

Banks has weak charts pattern, could see some relief here onwards in upcoming trading sessions.

5082- 5086 todays support.

trading above 5119 is good. if at all nifty did

 

[paras_123]

shorts can extend there positions as bull run would continue above 5180 - 5200 level as stop loss

 

[paras_123]

5096 where bears will win it over bulls again.
we are in bear run. don't expect something magic on upside.
if bulls wins here, then it should close above 5180-5200 l

downside 5046 is a possible target.

 

[paras_123]

SBIN - we have seen a a sell off this past friday.

High probability - monday it would be a releif rally for it, very high probability, reason 1 . After trending, you could expect sideways market or a normal day. range would be normal,

logic would be to buy at low and sell at high.

INFY 2280 - 2160 bandwidth., positions could be taken on break of either side.

Pattern in graphs - we could see a resistance at 2320 and then at 2420 if at all we did break it over 2280.

Nifty we 'll see only after it opens.
CHEERS:thumb:

 

[paras_123]

colpal - i have given recomendation from the last 2 years at 910 levels .
m holding stock for a long term prospective.
Any one can add it at current levels as it is hoding support at 1100 per share, with a target of 1980 in next 2 years time frame.
Stock is in primary trend, and only useful for holding longs.