Nifty Positional , Sentiment View for NOV 24 2021

Nifty 50 IndexNSE

Description

⋅ Nov 23, 2021 10:50 AM

Positional View for November 24 2021 November Future

NIFTY Current Position is Short sold on November 16 at 18069, Action for 24 November Continue Short and reverse to long if NIFTY closes above 17578.05

Nifty Sentiment view for November 24 2021 :

drive.google.com/file/d/1BgwMwNTCFOvK4DVInBlBpqfFMZ6hKSxm/view?usp=sharing

Use my Weekly levels for trading as in related idea.

Comment

⋅ Nov 23, 2021 1:35 PM

The Y axis is representing sentiment intensity and is supposed to partially represent price but will not do always. We need to map the same with levels to take action. We need to see the sentiment along with price movement. See what you trade and what we assume by sentiment. It gives an idea what can happen but not 100% right always

Comment

⋅ Nov 24, 2021 4:01 AM

NIFTY02DEC17500CE

Buy Above: 196.65

Open Price: 181.95

Buy Targets: 220.84 244.89 264.34 283.78 311.46 328.27 385.61 448.55

Sell Below: 167.25

Sell Targets are: 143.06 119.01 99.56 80.12 52.44 35.63

NIFTY02DEC17500PE

Buy Above: 126.12

Open Price: 114.05

Buy Targets: 146.00 165.76 181.73 197.71 220.45 234.26 281.37 333.08

Sell Below: 101.98

Sell Targets are: 82.10 62.34 46.37 30.39 7.65

Trend Analysis nifty50

Comments

VineetJain_TradingSiksha

⋅ Nov 23, 2021 1:06 PM

Kindly tell what is represented by the "Y" axis. For 24th NOV as you r showing opening at 25 so what does it mean? Thank You