A bull move awaiting hereAbbott India formed a good flag and pole - with all factors necessary to anticipate bullish move.
Present price can be used for call option buying and even intraday cash trade can be taken.
Sector supports too, but as over all market is negative, be quick to book the profits
Calloptions
Bank Nifty Simple Analysis- Looks like buyers are coming in bulls above 43300 - 43350
- As per trend it shows downward move has been denied by buyers and todays gap up opening comirms buyers trying to pull back up.
- May be a gap up opening can be there which may triggers buyers
- Sellers below 42800 till 42600 but beware of traps here
- Support also at 42600 and resistance at 43230
Note : Do your own analysis before making in trade or invesments
Buy nifty fut @18025 Nifty has formed a reversal pattern that is double bottom after a short term downtrend this can give a upside rally of upto 18500 and as the budget is also approaching soon market will probably go up
So buy Nifty FUT @18025 , SL - 17790 , TP 18100-18250-18500
This is not any investment idea , just sharing my views for educational purposes
BANKNIFTY Beautiful 350 points movementBeautifully broke from 9 days of the tight range. Gave a breakout of 350 points for those who used the triangle pattern and 300 points, as mentioned in the morning. I hope some of you might have got it helpful. If you really made use of this chart, please comment.
Nifty Trade Setup For Monday (24th July)So after touch the level of 15900, Nifty reverse from the level.
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Now Nifty is getting support from 15800, so for tomorrow there is two condition..
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1. If Nifty break the resistance of 15900, then we should buy CE for the level 159450.
2. If Nifty break the 15800 support them we should go for PE.
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In gap up opening we should avoid trading in the morning time.
In gap down Opening, we will wait for CE once it cross 15760 or 15800.
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What's your view on this comment below in the box.
Nifty Trade Setup For Expiry (21st July)So, Nifty is traded at around 15632, so what we should consider on expiry day.
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1. 15733 is a strong resistance level if Nifty goes upside and break the level and made 15 minute green candle then only we will buy CE.
2. 15733 is a strong resistance level so maybe once Nifty touch this level and then reverse. So wait for the full breakout.
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If I am talking about downside, so 15576 is a support already Nifty touch this level on yesterday.
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1. If Nifty goes down side so tomorrow it can be possible that Nifty can break the support of 15576.
2. If Nifty goes down 15500 is our Target in the downside.
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👉 What's your view on this comment below in the box.
#Banknifty Trade Setup For Tuesday (13th July)So as you seeb Banknifty touch the level of 35220 and then reverse.
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In the previous day you can see there is a strong resistance on the level of 35220.
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It touch multiple times, so for tomorrow there is two scenarios.
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1. If Banknifty break the level of 35220 then you should go for CE after the confirmation of 15 minute green candle.
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2.Maybe Banknifty is in rangebound between 35050-35200.
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If Banknifty break the support of 35000, then we can see the high pressure of selling you can go for PE.
#Nifty Trade Setup For Tuesday (13th July)So as you 15725 is a strong resistance level.
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Nifty once it touch and then goes reverse,
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So for tomorrow if Nifty break the resistance of 15725, then you should buy CE for the level of 15780.
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If Nifty goes down below 15620, then you should go for PE.
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No trading zone is 15630-15720.
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In gap or gap down cases, wait for the correction and then buy the trade.
#Nifty Trade Setup For Monday (12th July)So as you see in the chart there is no Trade Zone between 15640-15700.
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You can only buy the CE once it cross 15720,
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If Nifty goes below 15620, then you should buy the PE for the level 15550 levels.
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If gap up or gap down Opening happen then wait for the right time to enter.
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What's your view on this comment below in the box.
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Note: This is for an educational purpose as we can learn together and grow together.
#Nifty Trade Setup For Friday (9th July)So guys, Today Nifty break the strongest support level of 15799 that's why we see the big downside.
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As you see the Nifty made trend line.
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So for tomorrow If Nifty break the resistance of 15770, so we will buy CE for the level of 15840.
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If Nifty goes down side and break the 15680 then we see the level of 15620 and 15530.
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What's your view on this comment below in the box.
#Banknifty Trade Setup For Expiry (8th July)So, 35800 and 35500 are both crucial levels for Banknifty.
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If Banknifty cross the level of 35800, then the next level is 36000, at that time you can buy CE.
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If Banknifty break the support of 35500, then you can buy PE.
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If the breakout doesn't happen, then the Banknifty will be in range bound between 35500-35800
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What's your view on this comment below in the box.
LIC HSG FIN: Chart set up & F&O trading strategy for July expiryLIC Hsg Fin
- The zone of 440-458 is crucial zone for LIC HSG FIN
- Blue support line currently around 420 odd levels
The target for the current set up 492 / 505 / 518
Strategy: One may consider buying in 2 tranches
1 at current levels and 2nd on further dips towards blue line
Exit if closing below 408
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Alternatively one may consider
Bull Put spread strategy
Sell LIC HSG FIN 440 Put option around 10
Buy LIC HSG FIN 400 Put option around 2.5
Lot size 2000
Max profit potential in strategy Rs 15000 giving a yield potential of approximately 15% on margin requirement.
Take care & safe trading...!!!
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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 Trade Setup For Tuesday (23rd June)So on tomorrow, market can give gap up and then going correct.
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So be cautious on tomorrow only buy on dip 15759 is a crucial support as well as resistance.
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So if Market is give gap up opening then when the market goes below 15750, You can go for PE.
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If Market does not break 15759, so market will be in range bound.
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