Nifty : Are we Right on Time ?!

NSE:NIFTY   Nifty 50 Index
Certainly Not ! Because, usually I post out Nifty before 9.15 am & its not the same today. Not a prob, but are we right on Timing the Nifty to our expected zones ? Well, Nifty needs to tell Me that.

Just based on few presumptive reasons, I ascertain Nifty will reach out to 9750's zone between May 31 - Jun 2 & I may be completely wrong. Honestly, in My opinion Timing the Markets don't even matter unless you trade options. If we don't see a close above 9580's 9600's , Mostly we will be retesting the 9500's zone before the further upmove towards 9750's. This can be used as positional setup but go as per the timeframe you use to trade, look out for possible trade-setups.

What I have mentioned on the chart is an approx. idea of how you can go in, that doesn't mean - its perfect entry, that's just My Plan. In the same way, you will be having an idea based on timeframe you use or trading method. Let's see whether we are right on Time...
sir seems difficult due to index option position
@sandy, can you please elaborate :)
sandy InsiderB
@InsiderB, look at todays data good amount of long unwind in calls decrease in oi from 9600 call till 8500.on the put side oi has been shifted towards 9400,9500 strike price.lower strike oi has been decreased. it means base of the mkt is being shifted towards upside.look at todays oi shift in 9500 strike put .i can not elaborate much here.its very complex game take a view you have to compare and monitor daily excel file.
@sandy, Now I got the point, what you are trying to say. Every Market has buyer n seller at every single price tick, I can't disagree with yours or call My setup as best. If your's work as per plan, you make Money & mine hit the stops....viceversa, All the Best :)
sandy InsiderB
@InsiderB, tomo keep ur eyes on over india vix closing .if india vix get closed over 11.60 than get ready for more 25 percent upward volatility.very excited time may start in coming days bumpy rides:) intraday traders will surely face stiff time ahead .........................
sandy InsiderB
@InsiderB, in this series ur tgt will surely achieve but ur timing seems difficult due monthly option game.more over todays rise in volatility index was used by hedger to hedge range suggest it with rise in vol.
Thanks for posting your Idea.
@AMBRISH, Thanks Boss..
@InsiderB, Boss Man "What a Idea"
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out