Hello Traders,
Following are my analysis:
Resistance Level :
1. Good Resistance Zone at 36100-200
2. Strongest Resistance at 36000.
3. Good Resistance at 35800.
4. Increasing Resistance above 36000.
5. Strong Resistance Zone 35700-800
Support Level :
1. 34800 is a Small Support Level .
2. 35200 Good Support Level.
3. 35500 is Stronger Support Level .
4. 35000 is...
Good evening all,
Today we did scrape the barrel but did make 100 points on the long side. And if you look at the chart, tomorrow will be similar. A range between 25500 and 35800. But despair not, this is just the calm before the September storm. Then, we will have the index move the way like it...... Volatile.
So:
Long side view:
Buy above 35800
Target 1 -...
BankNifty opened near our sell level 35450 which was also a strong support zone and we bought 35300 CE at 200 which went to above 350 and Traders booked great profit in Morning Trade. We again bought 35400 CE at 210 which went to above 300, Overall it was a great expiry.
BankNifty is trading in a very narrow range and looks for the selling opportunity tomorrow if...
As mentioned we saw good selling from 35900 - 36000 zone, we bought 36000 PE in the morning at 270 which went to above 450 in just 15-20 mins. After, initial move, we traded in a small range for almost the entire day. We also bought 35800 PE and 35500 in the second half and Traders booked good profit in both the trades.
Today, BankNifty was able to hold the...
AS we analyzed BankNifty gave a great trending move once it broke the falling resistance line. In the morning we bought 34500 PE around 310 which went to around 375 and Traders booked good profit. In the afternoon we bought 35500 CE around 280 which went to above 400 and we again booked a great profit.
For tomorrow, we can again see a good up-move once we break...
Good evening all,
At 35795, we almost did manage 2 targets today and a total upside of ~370 points. Profitable day at the office. For tomorrow, I am still optimistic about being long but will do so with care. Sellers has a bad day today and will fight back tomorrow. So expect resistance in the form of a range between 35400 - 35800.
So:
Long side view:
Buy above...
BankNifty opened with a big gap-up today but couldn't sustain at upper levels and it tested and broke Friday lows too. We bought 35400 PE in the morning around 300 which went to above 600 and Traders booked great profit. We also bought 35100 CE in the afternoon around 240 which also went to near 325 and Traders booked good profit in that trade too.
For tomorrow,...
Good morning all,
Yesterday our long view was nullified by the huge gap up opening. However, we did find a short move to reach the first target. For today, the market will possibly be in a range of 400 points between 34800 and 35400. If we do get a long move, it will really be some good money.
So:
Long side view:
Buy above 35430
Target 1 - 35610
Target 2 -...
Hello Traders,
Following are my analysis:
Resistance Level :
1. Strong Resistance Zone at 35200-300.
2. Strongest Resistance at 35500.
3. Good Resistance at 35300.
4. Increasing Resistance above 35500.
Support Level :
1. 34800 is a Small Support Level .
2. 34800-900 Good Support Zone
3. 35000 is Strong Support Level .
4. 34500 is the Strong Support Level .
No...
BankNifty opened with a big gap-down due to Global cues and come down to near 35000 which is a psychological support zone. It took to support and we saw a bounce towards 35300 zones which acted as resistance, BankNifty was trading in this range for the whole day.
We bought 35100 CE at 320 which went to above 450 within 5-10 mins and Traders booked great...
Good morning all,
On Friday, we started with meeting 2 targets after a gap down and pull back. For today, the chart suggests a long with a tricky downside.
So:
Long side view:
Buy above 35185
Target 1 zone 35265 - 35305
Target 2 - 35350
Target 3 zone 35400 - 35430
Above this trail your SL
(Long SL - 100 points)
---------------
Short side view:
Sell below...
Hello Traders,
Following are my analysis:
Resistance Level :
1. Strong Resistance Zone at 35100-200.
2. Strongest Resistance at 35500.
3. Good Resistance at 35300.
4. Increasing Resistance above 35500.
Support Level :
1. 34800 is a Small Support Level .
3. 35000 is Strong Support Level .
4. 34500 is the Strong Support Level .
No Trade...
Hello Traders,
Following are my analysis:
Resistance Level :
1. Strong Resistance Zone at 36200-100 and 36700-800
2. Strong Resistance at 36000
3. Increasing Resistance above 36000
Support Level :
1. 35400 is a small Support Level .
3. 35200 is Strong Support Level .
4. 35000 is the Strongest Support Level .
No Trade Zone:
35400-500
This is not Buy and Sell...
BankNifty opened with a big gap-up due to HDFC Bank news but couldn't sustain at upper levels and we saw a sharp selling on Expiry day. In the morning we bought 36400 PE at 310 which made a high above 900 and we booked great profit in that. We also bought 35800 CE, 36200 PE, and 35700 CE and booked profit in all the Trades. Overall a great expiry for Option Buyers...
BankNifty opened below our sell level and we saw sharp selling in the morning, BankNifty remained in bearish territory for the entire day and we saw some recovery in the last 30 mins.
BankNifty is not aligned with Nifty, either BankNifty would give the breakout so we would see Nifty coming down. For tomorrow, we can see some volatility after 1:30 so Option...
Look at the chart.... Are you getting in any clarity? I am not....
What we see is what we trade and not what we feel......
Right now.... Nothing. Other than the fact the hourly dynamic support was broken today only to reverse back and make thing difficult for us.
BankNifty opened a flat and whole day trading inside the first 15 mins candle so there was no much opportunity for Option Buyers. In morning we bought 36100 CE around 280 and we added more around 230 which we booked almost at cost.
Expectations for Tomorrow: Range-bound day.
Intraday Levels:
Buy Above 36230
Sell Below 35980
To motivate me, Please like the idea...
Good evening all,
Today was a day where just waited and waited some more. Tomorrow, may not be different. We need some tough levels to broken for the market to trend again.
So:
Long side view:
Buy above 36320
Target 1 - 36425
Above this trail your SL
(Long SL - 36175)
---------------
Short side view:
Sell below 35930
Target 1 - 35820
Target 2 - 35720
Target 3...
