Nifty: Trade data analysis, Chart set up and co-relationNifty
Derivative data analysis for trade day April 9, 2021
Futures Data
- Retail participants added 10.97K Index Futures Long Contracts & exited 434 Index Futures Short contracts
- FIIs added 990 Index Futures Long Contracts and added 6.56 K Index Futures Short Contracts
- Proprietary traders added 1.47K Index Futures Long contracts and added 5.98K Index Futures Short contracts
Call Option
- Retail participants added 2.71 Lakhs Call Long Contracts & added 2.76 Lakh Call Short contracts
- FIIs added 38.86 K Call Long Contracts and added 37.75 K Call Short Contracts
- Proprietary traders added 1.04 Lakh Call Long contracts and added 1.01 Lakh Call Short contracts
Put Option
- Retail participants added 1.77 Lakhs Put Long Contracts & added 2.12 Lakhs Put Short contracts
- FIIs added 34.04 K Put Long Contracts and added 18.61 K Put Short Contracts
- Proprietary traders added 1.01 Lakh Put Long contracts and added 82.87 K Put Short contracts
At important technical resistance levels, We observe retail traders going Long aggressively and on the other hand FIIs and Proprietary traders going short in index futures.
On the Options front, we observe Retail traders being Net neutral in Call Options and Net Put Short
FIIs & Proprietary traders were Net neutral in Calls and were Net Put buyers
Today, we see Nifty dropping 400 points... and the result is in front of us who the winner of the set up is...
If you have been following me, you would realize I have been highlighting the importance of resistance at 14882. On an intraday basis, it did breach it and traded higher but on a closing basis it was respected to perfection. Our strategy to sell 14900 Call option had factored in this kind of risk and we were well positioned and came out making profits in the trade
Prior to this we also suggested a strategy to go short in 15200 Call option for May series in the region of 250-300.
Our strategy to sell 15200 Call option for May series in the region of 250-300 gave ample opportunity to enter the trade . It has made a low of 143 so far and is now trading at 150 and is in profit
Going forward, On Technical Analysis front
- it has opened below 50 day EMA
- broken the yellow turned dotted red line
- at the important blue Lakshman Rekha line ( level identified since February 2021 and has been massively respected)
- with multiple re-test of Laxmam Rekha line, is it getting weaker and would it break...???
Only time will tell... All these points have been discussed in my previous Nifty posts which you can go through...
This is not a recommendation now. We are reaping the rewards of the hard work done earlier.
This post is more for you to understand
- the importance of doing your homework,
- analyzing profit potential and risk involved before you enter a trade &
- preparing a trading plan that suits you and factors in the risk....
- and more importantly be in control of the situation and be in better frame of mind.
If you want to improve as a trader, first thing you need to do is ensure your mind is relaxed.
And to be relaxed you need to prepare a good trading plan.
Remember, chances of you making a better trading decision would increase when you do your homework and when you have the right mindset.
Best wishes....!!!
Like and Follow
CALL
TCS: Sell on rise set upTCS
3135
On any pullback, the stock could face stiff resistance and may fall back to lower levels. For levels refer to chart
Alternatively,
One may consider selling February expiry 3250 Call option in the range of 60-80
Lot size 300
Max profit potential in strategy Rs 18000 - Rs 24000/- per lot
In built loss protection for a rise in price up to 3310-3330 on 25 Feb 2021
Take care & safe trading...!!!
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Reliance: Chart set up and trading strategyReliance
1937
- We see the stock in consolidation mode since November 2020
- 2015-2045 is crucial zone for Reliance on the upper side
- support near Blue line support zone (Currently near 1860) and 1800 odd levels
Given the set up one may consider the following strategy
Consider selling Reliance February 25, 2021 expiry 1750 Put Option (around 35)
&
Sell Reliance 2200 February 25, 2021 expiry 2200 Call Option ( around 35)
Net Premium receivable 70 points
Max profit potential Rs 17500/- per strategy lot till 25 February expiry giving a yield potential of 18% ROI (on Margin required)
Loss in strategy if closes above 2270 or below 1680 on 25 Feb 2021
Review points, In case if, Reliance closes above 2045, or below 1830 for 3 consecutive days.
Hit the Like button if you find it useful
Follow for more such ideas
Look for my previous ideas in Reliance in the Related ideas link below
Take care & safe trading...!!!
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Nifty: Chart set up and trading viewNifty
CMP 14616
Last time we had suggested a bounce back towards the upper end of the channel
- Current rally is an extension beyond the channel similar to what we saw at the lower end of the channel ( a kind of mirror image pattern)
At current levels it provides good Risk::Reward ratio to go short....
Nifty: Would Nifty take a breather here...Nifty
Closing Price 14281
A few days back when Nifty was at 14528, this is the analysis we had done for Nifty...
Nifty has given a 300 point drop from those levels...
Looking at F&O data
Retail participants have continued to be Net Call Buyers and Net Put sellers in Options
FIIs are continuing to book profits in their Index Long positions but no aggressive Short positions are being taken by them so far…
Proprietary traders have used the dip to buy Index Futures and have used Call options to hedge their position.
Maximum Call activity was seen in 14500 Call option and 14600 Call option for 21 Jan 2021 expiry.
And activity in 14400 Call option increased in the last 1 hour of trade.
On the upside 14500-14564 becomes very crucial for Nifty
Majority of Call buyers would be profitable if Nifty closes above 14564 on 21 Jan 2021
Majority of Call sellers would be happy if Nifty closes below 14500 on 21 Jan 2021
Important support levels : 14212 / 14181 / 14158/ 14112
Important levels on the upside : 14340 / 14460 / 14500 / 14564
Possibly Nifty zone of 14158- 14112 may act as crucial support for this week expiry.
Take care & safe trading
Follow for regular updates and trading ideas...!!!
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Nifty: Will Nifty get rejected at blue line again???Nifty
CMP 14250
- Yesterday's close truly reflects the importance of Data Analysis along with Technical Analysis.
- On the options front Retail traders are Net Call Buyers and Net Put Sellers (Bullish)
- FIIS are Net Call and Put buyers (Neutral)
- Proprietary traders are Net Call Sellers and Net Put Buyers (Bearish to sideways)
- Majority of Call sellers would be happy if closing is below 14200 and would not be much bothered even if closes at 14252
- For majority of Call Buyers to profit, they would want Nifty closing above 14252
This is what data reflected yesterday. ( message in private for more details)
- Our weekly Nifty expiry strategy (updated here and closed in profit) tries to capture the essence of Data analysis along with Technical Analysis.
So don't forget to Follow
Going forward,
- we see Nifty price getting rejected twice from the blue trendline
- if we see the rejection again, chances of Nifty breaking the yellow support line would increase and it may eventually fall up to 14030 and possibly even 13800
One may Consider the following strategy for Nifty
Sell Nifty 28 Jan expiry 14500 Call option around 120
Buy Nifty 28 Jan expiry 14700 Call option around 58
The strategy has max profit potential of Rs 4650/-per lot giving a yield potential of 13% till 28 Jan 2021
In built Loss protection for a rise in price up to 14562 till 28 Jan 2021
Take care & safe trading...!!!
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
LIC HSG FIN: Chart set up & trading strategyLIC HSG FIN
CMP 403.20
- The stock is running in to a series of potential line of resistance around 404 / 418 / 424 / 439
Given the chart set up
One may consider selling LIC HSG FIN 440 Call Option for Jan 28 expiry
Lot size 2000
CMP 7.1
Max profit potential Rs 14200/- per lot. Yield potential of 8.5% on Margin Capital
Risk cover for a rise in price up to 447.10 till expiry
Take care & safe trading...!!!
Follow for more such ideas
Disclaimer :
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Nifty: Wishing u all a Happy new Year & 2021 1st week outlookNifty
Observations:
- Nifty is currently in bullish territory
- Multiple potential support areas provided by Yellow Line, Green trend line dark blue line
- Risk of Nifty trying to test the 13813 – 13765 unfilled gap zone
- we see a strong rollover of 78% in Index Futures Position
- FIIs are Net 75% Long
Important levels for January 01, 2021
Important support levels : 13935 / 13904 / 13882 / 13829
Important levels on the upside : 14036 / 14063 / 14085 / 14129
Strategy for January 7, 2020 weekly expiry
- Given the chart set up and data analysis, one may consider selling Nifty 13800 Put Option between 60-80 (Closing Price 64.75)
- Max profit potential in strategy Rs 4500/- to Rs 6000/- per lot till January 07, 2021
- More importantly, the strategy has an in built loss protection for a fall up to 13740-13720 till Jan 7, 2021
Any trading decision should be taken after assessing your risk management and if you are comfortable with the risk involved as against the reward potential it has.
Take care & safe trading...!!!
Hit the Like button / comment below if you find it useful
Follow for more such ideas
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Nifty: Follow up on 1st week outlook viewNifty
CMP 14102
We had given a view on 1st Jan. This is in continuation of that view...
Nifty 13800 Put short Update
Suggested sell between 60-80
CMP 16
The position is active and is in profit.
Looking at the Options trade Data for January 01, 2021,
- Retail participants are looking more optimistic and
- FIIs and Proprietary traders are going preservative
(message in private to know more)
One may Consider adding a sell Call position
Strike Price : 14200 Call Option
CMP 46
The strategy is best suited for a range bound movement.
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Reliance: F&O Strategy for December expiryReliance
CMP 1940
Consider selling Reliance 31 Dec 2020 expiry Put option
Strike Price 1850
Price : around 40
Lot size 505
The strategy has a reward potential of 8.5% on Capital and covers risk for a fall in price up to 1810 on 31 December 2020
Take care & safe trading...!!!
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Nifty: Important levels for Year end 31 Dec expiry rangeNifty
Strategy update for 31 Dec 2020 expiry
Based on Data analysis and risk management, we suggested selling 13650 Put option between 36 -42. It gave ample opportunity to sell in the said zone and closed the day at 13.40. The strategy is active and is in Profit.
Going forward important levels till December 31, 2020 expiry
Important support levels : 13882 / 13829 / 13765 / 13734
Important levels on the upside : 13980 / 13998 / 14022 / 14063
Based on our Data analysis, Nifty Support likely to have shifted upwards and 13829 could be an important level and can potentially act as strong support till year-end.
On the upside, 14063 could potentially act as a resistance level…
Take care & safe trading…!!!
Follow for more such ideas.
This is what we shared with our closed members in yesterday's report.
Important support levels : 13845 / 13824 / 13765 / 13734
Important levels on the upside : 13933 / 13980 / 14039
13734 is an important level for Nifty and likely to act as strong support levels till year-end.
On the upside 13980 – 14039 could be an interesting zone to look out for…
We saw most of these levels being respected
Nifty made a high of 13967 just 13 points shy of our R2 level then made a low of 13859 just 14 points off our support 1 level mentioned
and finally closed at 13032.60 right at Resistance 1 mentioned at 13933
If you are serious and want to receive detailed F&O trade analysis reports, kindly message your email address in comment section below or in Private chat.
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Nifty: 24 Dec weekly expiry range predictionNifty
- Yesterday, on the Technical Analysis front, we highlighted Bullish Harami Candlestick pattern suggesting up movement
- F&O Data analysis confirming stronger hands on buy side (FIIs buying Index Futures & Proprietary traders selling Put Options)
- After opening & trading in red, Nifty immediately jumped in to positive territory and managed to close 135 points higher at 13601 just 18 points above 13583 resistance levels mentioned
- So far so good…
Today we are giving an expected range for weekly expiry. Markets are dynamic and not a necessary it would happen. Use it for educational purpose only
- This is not a trading decision
- we are not recommending any fresh position today
- in our last Nifty update we had given a trading strategy to sell 13300 Put options
Continue to hold and let it expire worthless and ensure complete profitability on that.
A detailed report has been shared late last evening with those who have shared their email address.
If you are interested share your email address in Private message
Take care & safe trading...
Nifty: Trade data analysis and important support and resistanceThe red zone line drawn in our December 15, 2020 analysis report provided perfect. Is it a one off fall or Would Nifty fall further
Let us look at what F&O trade data has in store for us
FIIs Net sold 3133 contracts worth Rs 264.93 Cr
Futures Data
- Retail participants squared off 20.76 K Long Contracts & squared off 5.62 K Short contracts
- FIIs squared off 1.25 K Long Contracts and added 1.88 K Short Contracts
- Pro traders added 15.06 K Long contracts and squared off 1.08 K Short contracts
Call Option
- Retail participants added 3.79 Lakh Call Long Contracts & added 2.37 Lakh Short contracts
- FIIs added 39.33 K Call Long Contracts and added 52.86 K Call Short Contracts
- Pro traders added 58.55 K Call Long contracts and added 1.86 Lakh Short contracts
Put Option
- Retail participants squared off 1.55 Lakh Put Long Contracts & exited from 90.53 K Put Short contracts
- FIIs added 37.30 K Put Long Contracts and added 12.70 K Short Contracts
- Pro traders added 3.29 K Put Long contracts and exited from 33.68K Put Short contracts
Put Call ratio is at 0.92
Today’s trade saw Retail Participants unwinding their Long Positions in general are Net Short 0.79 Long Position for every 1 Short Contract,
FIIs have not done any major activity today in Index Futures front and still Net Long in the ratio of 2.06 :: 1. So we might have to wait and see what they are up to...
Proprietary traders looks likely to have used today’s dip to go Long in Index Futures.
Digging deeper into the data
We see Bank Nifty Open Interest rising by 15.97% and Nifty Open Interest reducing by 9.22%.
So Unwinding in Long position by Retail participants looks likely to have happened in Nifty Futures. Proprietary Buying looks likely to have happened in Bank Nifty.
Major Call option activity in Nifty happened in 13600 & 13700 Call option
Important resistance levels on the upside
13458 / 13530 / 13583 / 13674
Support seen at
13215 / 13151 / 13050
Prima facie Data Analysis suggests that major Call Option buyers would break even only if Nifty closes above 13674 on December 24, 2020. Major Call Option sellers would be happy if Nifty closes below 13583 on December 24, 2020.
If you find the analysis helpful Do hit the Like button
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To receive Data analysis in your email, kindly reach out to me in PM
Take care & Safe trading…!!!
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
- We do our best to ensure that the data we release is complete, accurate and useful. However, because we do not create the data, and because the processing required to make the data useful is complex, we cannot be liable for omissions or inaccuracies
- The user expressly acknowledges that the Data may contain some nonconformities, defects, or errors.
- Neither Indiamarketoutlook nor the author shall be liable for any claim for any loss, or other damage arising from access to or use of data or information
Nifty: Writing was on the wall...!!!Nifty
The current drop might have surprised you but have a look at this data below and see for yourself how each participants had positioned themselves on Friday and decide for yourself if you had access to this valuable information before trade could you have done better...?
This data analysis will tell you how various participants Retail, FIIs and Proprietary traders positioned themselves on Friday and answer your questions as to What happened today?
Call Option data
- Retail participants added 2.17 lakhs Call option and added 1.85 lakh Call short position
- FIIs added 34.84 K Call Long and added 25.83 K Call Short position
- Proprietary traders added 62.4 K Call Long and added 1.03 Lakh Call Short position
Put Option data
- Retail participants added 1.18 Put Long option and added 1.44 Lakh Call short position
- FIIs added 27.63 K Put long & added 12.89 K Put short
- Proprietary traders added 35.96 K Put Long & added 24.8K Put Short position
If you see Retail participants were Call Buyers and Put sellers (which means they were super bullish)
where as FIIs and & Proprietary traders were more inclined towards buying Puts and selling Call Options (meaning they were bearish on the market)
- Who do you think so trades with more knowledge?
- who do you think so has more financial muscle?💪
We had 2 powerful sources the FIIs and Proprietary traders inclined towards Shorts and the Herd mentality of Retail Participants inclined towards Buy side...
What do you prefer?
- trade against the powerful and lose
- or trade with winners and increase your chances of winning
This data can help you avoid Hope based trading and making mistakes. It's not too late. Start trading with knowledge. To get access to our detailed F&O data analysis on a daily End of Day basis Message in private
Only those who are serious may message
Others who don't want to change may kindly ignore 🙏
Best wishes
Follow and Hit the Like button...!!!
Nifty 17 Dec likely expiry range for todayNifty
CMP 13718
Levels mentioned in the chart
- This is just an estimated range based on initial F&O data reading
- Do understand that Markets are dynamic and it may change any time
- Use this for educational purpose only
Assess your risk::reward and Plan your trade accordingly.
Consult your financial advisor if need be.
Do Hit the Like button if you find it useful...
Take care & safe trading....!!!
Nifty F&O Data analysis and trading viewNifty
13558
FIIs Net sold 8803 Contracts worth Rs 811.83 Cr
Futures Data
- Retail participants squared off 49 Long Contracts & squared off 6.48K Short contracts
- FIIs squared off 2.34K Long Contracts and added 6.54K Short Contracts
- Pro traders added 1.10K Long contracts and exited 1.35K Short contracts
Call Option
- Retail participants added 1.28 Lakh Call Long Contracts & added 1.15 lakh Call Short contracts
- FIIs added 10.5 K Call Long Contracts and added 16.45 K Short Contracts
- Pro traders added 34.46 K Call Long contracts and added 40.81 K Call Short contracts
Put Option
- Retail participants added 1.28 lakh Put Long Contracts & added 1.30 lakh Short contracts
- FIIs added 8.53 K Put Long Contracts and squared off 118 Put Short Contracts
- Pro traders added 28.14 K Put Long contracts and added 35.74 K Put Short contracts
Nifty closed the day in green yesterday, however volumes were down 31.73% compared to the day before and Open Interest reduced slightly
Bank Nifty volumes were 28.85% lower compared to the day before.
FIIs are slowly exiting Long positions and retail participants are buy calls and puts in expectations of big movements. For any underlying to move, we need strong volumes, which is missing. These are signs of distribution happening.
In our previous post also we had highlighted a range bound movement scenario for markets. And that is precisely what we are seeing. Nifty yo-yoing between 13400-13600. If blue line is taken out, we might see another move towards 13400 - 13380 level.
If you are trading in Futures and Options, trading without proper analysis, you are more risk.
If you want to get detailed report on a daily basis, message in private
Best wishes
Do Hit the Like button and Follow....
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
- We do our best to ensure that the data we release is complete, accurate and useful. However, because we do not create the data, and because the processing required to make the data useful is complex, we cannot be liable for omissions or inaccuracies
- The user expressly acknowledges that the Data may contain some nonconformities, defects, or errors.
- Neither Indiamarketoutlook nor the author shall be liable for any claim for any loss, or other damage arising from access to or use of data or information
F&O Trade Analysis for trade date 07-Dec-2020Nifty
FIIs Net sold 11765 Contracts worth Rs 1129.79 Cr
Futures Data
- Retail participants added 8.39K Long Contracts & exited 1.38K Short contracts
- FIIs booked profits in 12.61K Long Contracts and exited 850 Short Contracts
- Pro traders added 1.78K Long contracts and exited 508 Short contracts
Call Option
- Retail participants added 1.11 Lakh Call Long Contracts & added 94.5 K Call Short contracts
- FIIs added 13.05 K Call Long Contracts and added 15.35 K Short Contracts
- Pro traders added 23.18 K Call Long contracts and added 38.29 K Call Short contracts
Put Option
- Retail participants added 2.10 Lakh Put Long Contracts & added 1.78 Lakh Short contracts
- FIIs added 7.11 K Put Long Contracts and added 14.75 K Put Short Contracts
- Pro traders added 55.48 K Put Long contracts and added 79.87 K Put Short contracts
FIIs booked profits in Index Futures and Retail traders have gone long in Index Futures and in Options have positioned themselves in expectation of a fall. Market rarely favors the bigger position in Options.
Nifty was in green but Nifty volumes were 18.5% lower than yesterday and reduction in Open Interest was also seen where as
Bank Nifty volumes were 28.9% lower.
We could potentially be in for a range bound movement.
Given the data, one may consider selling Nifty 10 Dec expiry
13500 Call Option around 35
&
13200 Put option around 30
Lot size 75
Max profit potential 75*65= Rs 4875/-
Loss if Nifty closes above 13565 or below 13135 on 10 Dec 2020
Take care & safe trading...!!!
If you want daily access to our F&O Data Analysis, you can get in touch.
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
- We do our best to ensure that the data we release is complete, accurate and useful. However, because we do not create the data, and because the processing required to make the data useful is complex, we cannot be liable for omissions or inaccuracies
- The user expressly acknowledges that the Data may contain some nonconformities, defects, or errors.
- Neither Indiamarketoutlook nor the author shall be liable for any claim for any loss, or other damage arising from access to or use of data or information
Long view on VIP 🚀Hello, here is the full analysis on NSE:VIPIND, let me know in the comment section below if you have any questions.
I will take a long trade near the 278 price zone.
Target: 285
SL: 275
Time: Near 2 weeks
The entry will be taken only if all rules of the strategies will be satisfied.
I suggest you keep this NSE:VIPIND on your watchlist and see if the rules of your strategy are satisfied.
Please LIKE, COMMENT & FOLLOW, thank you!
HEMANG BHAVASAR
NIFTY 50 PREDICTION OF 17-09-2020TOMORROW, THERE IS MORE CHANCES TO OPEN MARKET IN HIGH GAP UP LIKE ABOVE 11651.
IF MARKET OPEN ABOVE 11650, CHECK MARKET TREND AND READY FOR SHORT SELLING AT MUCH HIGHEST POINT LIKE 11680 IN HALF SESSION.
TOMORROW, THERE IS CHANCES MARKET CLOSE IN LITTLE GREEN CANDLE.
1. MARKET CAN STABLE FOR TOMORROW.
2. RANGE 11650-11700 IF OPEN 11580-11600
3.RANGE 11650-11550 IF OPEN 11650-11675
KEY POINT FOR 17-09-2020
STRONG SUPPORT - 11525-11550 AND 11450-11500
STRONG RESISTANCE- 11700 AND 11750.
MARKET SENTIMENTS IN STRONG BUYING, SPECIALLY IN PHARMA AND BANKING SECTORS.
BUY TATA POWER IN AT 55-56 RE. FOR TARGET PRICE 80 RS. (30 DAYS)
BUY SBI IN 195-198 FOR 220-250 (15-30 DAYS)
BUY ITI IN 125-130 FOR 180 ( 60 DAYS)
Nifty: Strategy for 13 Aug expiryNifty
CMP 11350
Nifty consider selling 11400 Call option around 40
Loss protection for a rise up to 11440
Take care & safe trading
Discliamer:
- The view expressed here is my personal view
- Use this for educational purpose
- Any decision you take you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Trade log NIFTY July 14In my weekly view I had said
10580-10560 is a very important zone for me to watch. If NIFTY drops below this zone this week, I think NIFTY has started a bearish move, momentum of which is not known this time.
If NIFTY continues in the 10700-10920 zone for this week, then I think NIFTY may keep distributing in the zone for some time.
There is a possibility of a bull trap in this zone, sharp up move, which looks like a breakout of 10850, but it fails quickly in a day.
This all exactly played out. NIFTY actually tested the important zone of 10560-10580.
---------------------------------------------------------------------------------------------------------
In my view posted yesterday
I believe, gap up failed on upside breakout, now in next two sessions the other extreme of the range will be tested, that is 10700.
I’ll wait for a breakout now of this range. I’ll also not expect great momentum on breakout, mostly if it is upward towards 10900.
10700 Level tested and NIFTY also filled the gap.
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My Observations today
NIFTY closed down 1.81%. It formed a clear down trend candle and halted at the support zone.
BANK NIFTY closed 3.16% down. It is in downtrend.
VIX rose 5.48%. VIX is above 25.
Advance Decline ratio is 3 to 46. Market wide is 459 to 1426.
Option data showing downward shift of range to 10500-10700
FII and DII both sold heavily.
** So today, was the pivotal day on downside ** All things that I observe support the daily downtrend. That does not mean I understand how much NIFTY will fall from here. But all trades should be on the short side till close above 10820.
10450 and 10500 is expected to put up some support if NIFTY continues to go down.
My view for tomorrow
I need one more confirmation of close below 10560. This will confirm some sort of intermediate top.
I am not sure about tomorrow, maybe a pause or continuation day. Overall this week has clear down bias. Any rise is selling opportunity as long as NIFTY does not close above 10820
My Weekly view , posted July 12
My Daily view, posted July 13