On Tuesday, we experienced high intraday movement, both high and low. It is good to see 17200–17250 acting as a support, but the 17350–17380 level is resistant twice. Movement frequently kills SL, and we frequently see a bounce back from the 17000–17150 level last week as well. Let's see if it continues again. At the same time, there is price action indicating...
Expiry position creation idea Opening trade Ideas: Flat opening: If opens flat watch out for trendline support if breaks can take PE position and take profit is around 17350 Gap up opening: If opens gap up most likely there will be profit booking candle and retest of todays high. A quick PE scalp can be done If opens gap down: Take hero zero trade with ce...
A MISSED OPPORTUNITY THAT WOULD HAVE HELPED ME BUY A NEW LAPTOP! Trade Opportunity Date: 21-10-21 Yet another Missed Opportunity-- Bank Nifty at 39550+ Went long 39400 CE at 242 as it was an expiry day and did not want to make the mistake of trading an ATM CE. SL hit at 185 Moved to Nifty 18000 CE as I have not traded Bank Nifty after it cleared 39000 and...
BANKNIFTY 7th Oct may expire between 37000 and 38000
NIFTY 50 EOD ANALYSIS -30-09-21 IN SUMMARY OHLC 17,718.90 17,742.15 17,585.35 17,618.15 Close = -93.15 / -0.53% H-L = 157 points VIX 18.4 / -2.34% FII DII: -2128 Crores SGX NIFTY 17613 / -4 points at 1920h. Likely open: Gap-down to flat. CHART BASED CONCLUSIONS - 5 M Chart A gap-down open and then NIFTY cleared 16700 and hit an intraday resistance at 16728...
Play with marking level,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
NSE:NIFTY Daily Closing looks weak, Monthly Expiry on the card with Rising NSE:INDIAVIX , we can expect some downside move before Thursday. Trade with caution (!) specially Option Sellers. Entry - Hourly Closing Below - 17820 Stop Loss - Hourly Closing above 17935 or 50% Option Premium. Target - 17620 For information purpose only. Know your risk &...
The analysis and levels of support and resistance are completely according to oi data which changes rapidly in live market. trade according to live data.
the analysis and levels of support and resistance are completely according to oi data which changes rapidly in live market. trade according to live data.
NIFTY 50 EOD ANALYSIS -09-09-21 IN SUMMARY O / H / L / C 17312.85 / 17379.65 / 17302.7 / 17369.25 H-L = 77 points VIX 13.94 / -3.26% FII DII: +1127 Crores Likely open: From the above, it looks like a flat to positive open but what may happen in the world markets tomorrow CHART BASED CONCLUSIONS A gap-down open was immediately bought into and NIFTY...
#banknifty view for 2nd Sep'21 #expiry The first word that comes to my mouth is the FOMO effect followed by perfect hammering. Bearish PIN Bar on the daily chart and can be the nail in the coffin for the bulls. Check 19th Feb'21 daily chart and followed up selling, pls check on the chart. If I am right, ABC correction in progress, downside targets 100%, 138% &...
NIFTY 50 EOD ANALYSIS -26-08-21 IN SUMMARY O / H / L / C 16627.95 / 16683.7 / 16603.7 / 16636.9 H-L = 80 points VIX 13.54 / -0.3% FII DII: -919 Crores Likely open: Flat to positive with resistance at 16650-700. CHART BASED CONCLUSIONS On a closing basis, Nifty expired the series on a flat note. Nifty made a lower high and a lower low. The trading...
#banknifty analysis for 26th Aug'21 #expiry Levels & analysis on the chart itself, If you have any specific questions, pls post a query on chat. Monthly expiry, focus on FNO data on tomorrow's expiry day trading. DZ:- 35,040 Regards, SG.
#banknifty view for 12th Aug'21 #expiry Do you see #banknifty weak? No, BN at 35,806 is trading above the majority of SDMA (10/20/50/100) and 5 SDMA is 35,903, and the majority of momentum & trend oscillators are in buy mode. What do I do, go long or go short? I don't see any weakness in the market until 34,861 is breached. Till that time, its buy-in dips the...
Nifty 50 POC area in 1 hour chart 16264 Nifty 50 POC area in 1 Day Chart 16276
Bearish Shark pattern (XD :- 0.886 to 1.13) View Negates over the grey resistance zone, price closure on hourly chart. SL is 36,450 Target son chart. Regards, Sg
As we are heading towards monthly expiry, 34300 will act as support and 35300 will be a crucial resistance, so one can sell call and put above these support and resistance. safers can sell 34300 pe only and risk takers can form strangle as mentioned .
#banknifty expiry view for 29th July'21 Selling pressure will intensify below 34,373 and lower targets goes till 33,823 to 33,671. Buying will only come above 34,956 and will post fresh view if the closure is above 34,956. Short Term Analysis is still bearish:- E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will be...