Get started

Orderflowtrading

NIFTYImportant levels for 15/11/2022. A day with very low volumes and in the closing moments we just broke the buying reference zone buy eventually closed inside it. With the weekly VAL at 18360 and a buyer reference area @ 18328-18340, shorting wont be a good option. We can short only if we break 18328 and sustain below it for targets of 18176-18220. If we see a gap up around today's high @ 18440-18455 and see sellers defending, then we can short with a 15-20 point SL for targets of 18370-18385 followed by the buyer reference of 18328-18340. Longs can be taken as scalps at around 18328-18340 areas with targets of 18427-18440. Also we can take longs if we break out from today's range for targets of 18521-18543.
NSE:NIFTY1!Short
by deepss4u
NIFTYImportant Levels for 14/11/2022. This index is at an important zone and we have managed to close marginally above all VAs but it cannot be said with complete confidence that buyers are pulling the strings. For Monday, if we see a flat open and we have a small dip till 18422, w can take longs with SL placed at 18400 for targets of the seller reference zone 18521-18543. If we miss the entry we can again take positions once we trade above 18450 for the same targets. With multiple supports nearby, we can short only if we see a big gap up at the open near the seller reference zones for targets of 18440, yesterday's VA 18374-18384 followed by 18328-18340. If we open with a gap down between 18328 and 18384 levels, we shall look to see if the buyers defend the zones and take longs if we see buying volumes coming in and if we break PDL @ 18320 then we can also short. Will update if I witness any massive shift of sentiment, unless that happens buying the dips looks a wiser option.
NSE:NIFTY1!
by deepss4u
BANK NIFTYImportant levels for 14/11/2022. The index looks bullish with such a big gap up being sustained and relatively lesser selling volumes. In case of a flat open on Monday, we can wait for PDH @ 42438 to be cleared and then take longs with a 50-60 point SL and look for RR of minimum 1:2 and the keep trailing our positions as we do not have any upper references to look forward. Another instance where we can take longs is if we see a gap down open followed by buying @ 42050 levels and here we can look for targets of 42330 and 42440. For shorts we can short comfortably, if we open flat and move below 42050 levels. The targets to look forward shall be the buyer reference zone 41657-41732. Sustaining below this can test older buyer reference zone 41400-41487.
NSE:BANKNIFTY1!
by deepss4u
NIFTYImportant Levels for 11/11/2022. Definitely the weaker one of the two indices. At CMP 18097, we are at a crucial point, considering the VP from the start of this contract, we traded entirely below the VA but considering the VP of last week, the VA has just shifted down and once we move and trade above today's high @ 18150, we can see a clean 100 point move on the upside. Longs can be taken at 18150 with 18130 as SL for targets of the seller reference zone 18240-18290. But if we witness a gap up, then would avoid longs and see how volumes pan out and plan positions accordingly. If we see sellers coming in then we can short for targets of 18090-18100.
NSE:NIFTY1!Long
by deepss4u
BANK NIFTYImportant levels for 11/11/2022. The initial part of the day was well in control of the sellers but limit buyers kept the prices close to Friday's low and then after the buyers came in control and we almost managed to close at VAH today, For tomorrow, if we see a flat open, we can take longs anywhere between 41700-41750 for targets of the previous seller reference zone 41898-41961 followed by 42037-42098 levels. In case we witness a small gap down and do not break today's low @ 41470 and sustain above it, there is a high probability of price testing 41750 and above levels. This would be an wonderful trade as per RR. SL here shall be strictly 41560. For shorts our best shot will be only if we open with a gap up near the seller reference zone for targets of 41700-41750.
NSE:BANKNIFTY1!Long
by deepss4u
BANK NIFTYImportant Levels for 10/11/2022. Yesterday it was a completely sideways market with the index being stuck in a 25-50 point range for the majority of the time. Today, if we open flat and trade below the buyer reference zone 41786-41841 we can take shorts for targets of 41591-41643 followed by 41500. For longs, we can wait and see if the buyer reference zone is being defended with new buyers coming in and if that happens we can go long for targets of yesterday's seller reference zone of 42038-42098. If it opens flat and trades between the buyer and seller reference zone, we shall wait for either range to break and then take trades.
NSE:BANKNIFTY1!
by deepss4u
NIFTYImportant Levels for 07/11/2022. The buyers did their best defending 18120 and in the late hour of friday's session we did witness a fast upside move of close to 70 points and closed inside the seller reference zone @ 18201-18235. Today we are most likely going to open with a big gap, the immediate seller reference is at 18327-18357. Once we trade above it we can take longs with a 20-25 point SL for targets of 17383,18440. But if we open around the mentioned seller reference and see sellers coming in we can short with SL places at 18360 for targets of 18294, 18220 and 18170.
NSE:NIFTY1!
by deepss4u
BANK NIFTYImportant Levels for 07/11/2022. We played inside the previous day range and closed inside it. Once we break the PDH @ 41646 one can think of longs but I personally will avoid longs unless we trade above the old seller reference @ 41750-41850. Once we trade above the mentioned zone we can see a 200+ point move on the up side and all we need to do is trail our SL. For shorts if we find sellers coming in again at the seller reference zone then will go short with SL of 41850 for targets of 41470,41388 and the small buyer reference zone @ 41291-41321.
NSE:BANKNIFTY1!Short
by deepss4u
NIFTYImportant levels for 04/11/2022. A day which started with so much promise with buyers aggressively moving the prices up but the seller reference zone saw buyers getting absorbed and selling took the prices down. Tomorrow, we can take longs only if we break above 18235 for targets of 18294 followed by the old seller zone of 18327-18357. We can look for shorts if we trade below 18030 and pyramid once we trade below PDL @ 18008 for targets of the old buyer reference zone 17965-17979. Also we can take shorts if we see a gap up open and see sellers showing interest at the seller reference of 18201-18235.
NSE:NIFTY1!
by deepss4u
BANK NIFTYImportant Levels for 04/11/2022. We opened with a big gap down, the buyers in the old buyer reference got into action and took the prices up into the seller reference and from here there was hardly any big momentum seen. For tomorrow, if we see flat open and price trades below 41340, we can short for targets of the buyer reference zone 41133-41189. Price sustaining below 41133 can test today's low @ 41000. But if we open flat or with a small gap and trade above 41600, we can take longs with SL at 41500 for targets of the old seller reference zone 41750-41850 and if we sustain above it there is a high probability of another 200 points on the upside. In case of any big gap, we can wait before taking any positions.
NSE:BANKNIFTY1!
by deepss4u
BANK NIFTYImportant levels for 03/11/2022. Another low volume day, the sellers were in control but absence of large volumes the price could not go anywhere. For tomorrow, we have to look at the index with a complete neutral view. The fact being we are trading side the weekly VA and unless we break it on the downside we cannot short the index. Once we break the VAL (weekly) @ 41250, we immediately run into a buyer reference zone 41085-41089. So from the looks of it, shorting does not give us a good RR. We can look for shorts once we sustain below 41034 for targets of the old buyer reference @ 40666-40733. Longs we can take above 41570 for targets of 41750-41850.
NSE:BANKNIFTY1!
by deepss4u
NIFTYImportant levels for 03/11/2022. Another low volume day with sellers probing the price down but limit buyers absorbing all the selling. But at CMP we cannot be sure who is in control at this moment. For tomorrow once we open flat and break 18110, we can short with a 25-30 point SL for targets of 18053 followed by the buyer reference at 17965-17979. Longs can be avoided unless we break 18238 on the upper side. But if we see a gap down at the open, we can look for scalps.Will update if we see any good set up on the buying side.
NSE:NIFTY1!Short
by deepss4u
NIFTYImportant levels for 02/11/2022. We opened higher sustained above it saw the old seller reference holding and it was followed by a retest of today's low and again strength was seen from the buyers to end the day inside the old seller reference. Now if we consider the second half of today's session the maximum volumes are concentrated at the tops. So, if we open flat and move above the seller reference zone 18201-18235, longs can be taken with SL of 18200 for targets of 18295 followed by the old seller reference zone of 18327-18357. If in case we trade lower, will give shorts a miss in nifty and rather look for shorts in BN as it looks far more weaker than nifty. Only i we open with a gap down and trade below today's low @ 18112 will take shorts for targets of 18060 and the old buyer reference of 17965-17980.
NSE:NIFTY1!
by deepss4u
BANK NIFTYImportant levels for 02/11/2022. As per our analysis from yesterday we expected the old seller reference zone 41750-41850 to hold and we did exactly see that and we did achieve all our targets. We have closed almost at the same levels as yesterday. If we open flat tomorrow and break today's low at 41330, we can take shorts with SL of 60 points and look for initial targets of the buyer reference zone 41085-41089. If we keep trading below it the old buyer references of 40666-40733 opens up. But if we open flat and trade higher, we can take longs above 41570 with SL of 50 points for targets of 41750-41850. Sustaining above these levels can see another 200 point move and all we need to do is keep trailing our SL.
NSE:BANKNIFTY1!
by deepss4u
NIFTYImportant levels for 01/11/2022. We saw a complete different PA as compared to BN. We opened higher and did not test the open after the first 5 minutes, this shows the strength of our primary index. Yesterday we had our analysis done and we wanted to gauge the strength of the buyers and the buyers did succeed today. For tomorrow, I would still prefer to wait before jumping in for longs unless we sustain above the old seller reference zone 18084-18118. The targets on the upside shall be 18196 followed by another seller reference at 18220-18234. Will be taking shorts in case of a gap up near the seller reference areas or if we witness a slight gap down open and then we break today's buyer reference at 18065-18080. The targets to look forward will be 17996-18012 followed by 17926.
NSE:NIFTY1!
by deepss4u
BANK NIFTYImportant levels for 01/11/2022. An inside day, with low volumes and hardly any continued momentum on either side. With ATH in sight we need good volume support to break and sustain above it else the old seller reference zone at 41750-41850 will see fresh sellers coming in. For tomorrow, the important level will be the seller reference area of friday's session @ 41566-41633. If we see price unable to break above this, we can add shorts with a 50-60 point SL for targets of 41435 followed by today's buyer reference zone @ 41333-41373. Prices sustaining below this can test 41089-41089. For longs, we have to wait unless we break above 41850 or shall wait and look for scalps if we see a big gap on the downside.
NSE:BANKNIFTY1!Short
by deepss4u
NIFTYImportant levels for 31/10/2022. Again we expect to see a gap up at the open. But with what we have seen in the last 3 sessions, the gap up is not able to sustain as the intraday sellers are taking over control. Such repeated occurances are rare. Still for today, i will keep less hopes on the upside and look for shorting opportunities at old seller reference areas. 17968 will be an important level, once we cross it 18085-18118 can be seen but if we sustain below it, there is a possibility of testing PDL @ 17773. Keeping position sizing in check can do wonders today.
NSE:NIFTY1!
by deepss4u
BANK NIFTYImportant levels for 31/10/2022. With the data we are seeing currently we can see a big gap up at the start. But with the story being similar in the last 3 sessions where we are opening with a gap up but intraday sellers are taking control with prices trading lower. Today if we see an open near the seller reference zone 41566-41633, there can be an upward move till the old seller reference at 41750-41850 (ATH) and then a sell off can be seen. Longs shall strictly be avoided unless we hold above 41850. Shorts can be taken after we see how the volumes come in at the seller reference areas. Once we are not able to break it and sellers come in the targets to look forward shall be 41250 and 41059.
NSE:BANKNIFTY1!Short
by deepss4u
NIFTYImportant levels for 27/10/2022. We do expect a gap up seeing SGX but the charts do have a language of their own. At last session's close the sellers were dominating and unless they decide to run for cover I still think the index will come down. If we see the gap up sustain above 17885, then only will take longs for targets of 17968 followed by old seller reference zone of 18084-18118. If we see prices coming below 17885 we can short and pyramid our positions as we can see a trending expiry with PDL @ 17642 as potential targets. Overall a trending expiry can be expected tomorrow.
NSE:NIFTY1!
by deepss4u
BANK NIFTYImportant levels for 27/10/2022. Last sessions low and the seller reference zone 41293-41353 will be important levels to watch out for. If we open flat and break PDL @ 41035, we can short and look for targets of 40852 and the old buyer reference zones of 40666-40733. If we see a gap up open around the seller reference zone (41293-41353) we can again look to sell as the sellers can look to defend and we expect to see a good fall from these levels. If we take trades here, our initial targets will be PDL followed by above mentioned targets. For longs, we will only buy if we see big gap down, else longs can be avoided. Will update here if we see some good scalping opportunities.
NSE:BANKNIFTY1!Short
by deepss4u
6