subravi

subravi Updated 

Nifty 22403 - Has resistance at 22415-22525. Support around 22285.Short covering drive the last hour of last trade. So have taken position Nifty 22500 PE @ 178 at Nifty 22420 at 15:21.

subravi Updated 

Nifty 22217 - Has passed resistance zone 22144-22184. So this zone will be act as support and now Resistance at 22320. Call and PUT writing could be seen at 22500 and FII were net sellers suggests some pull down in Nifty to support zone to shakeout retailers.

subravi

Nifty 22119 - Has got rejected in 22184-22144 zone in opening. Expect to test 21700 if this resistance not passed.

subravi Updated 

Nifty 22475 - Nifty is holding on support 22380. Based on Market indicators we expect Nifty has more possibility to move to 22615,22710 before reversal.

subravi Updated 

Nifty 22570 - Nifty is trading in resistance channel. Unless it trades above 22620, it would be negative with possibilities to test 22420. PUT writers are active at 23000. To flush out retail writers Nifty may be moved down.

subravi Updated 

Nifty 22402 - Is trading in bearish ascending wedge pattern. Resistance at 22520 and support at 22395. OI data has decreased from 1.21cr to 92 Lacs suggests retail short sellers exiting. Max pain is around 22475.

subravi Updated 

Nifty 22368 - A bearish flag pole pattern. We expect 22385 to work as resistance. Increase in OI Yesterday suggest negative sentiment. Put Writers are strong at 22100 and call writers ate 22700

subravi Updated 

Nifty 21995 - Is in down trend. Resistance at 2213. Expected to drop down to 21685 as sellers are high in 21500.

subravi Updated 

Nifty 22280 - Has resistance around 22308. We expect a reversal to close down around 22200 which is the pain area.

subravi Updated 

Nifty @ 22185 at 11:04 - Suggests further drop down to 21900 as short sellers are high there. We expect Nifty will be moved down to panic the retail sellers as Pain is at 22000.

subravi Updated 

Nifty 22506 @ 12:32 - Nifty is trying to hold its support 22469. Market data suggests support around this. We expect Nifty to test 22400 as long as 22528 not surpassed. Trade entered : Nifty 10 April 22550 PE @138 @ 12:35

subravi Updated 

Nifty 22431 @10:43 has more possibility to reverse to 22340 before settling around 22400 expiry

subravi Updated 

Nifty - as long as nifty trade below 22042, nifty could expect to test 21940 and may further drop down to 21740

subravi Updated 

Nifty 22048 - Nifty is at resistance 22047. Based on market indicators we expect market to move to 22100

subravi Updated 

Nifty 21839 - nifty move was as we expected and based on today’s move we expect nifty have more possibility to open/move high to 21933 to 21977 for the call sellers to close their position and move down to 21700 to 21640 and raise to settle around 21775.

subravi Updated 

Nifty 21817 - buying interest coming around 21700 ce while short covering could be noticed in put option. We expect nifty will be further pushed down and raised tonsettle back around 21750.

subravi Updated 

nifty 22022 has resistance at 22195 and support at 21785.based on market indicators 21800 has max pain for call buyers while 22100 for put buyers.expect market to move to 21785 and then move higher.

subravi Updated 

Nifty 22335 - Moving down trend in lower band of the channel. Based on the chart pattern and market indicators we expect Nifty to expire between 22100 to 22200. More possibility around 22120.