Nifty Chart set upA few days back, we had mentioned that Nifty may fall towards 18820 odd levels
When 18820 odd levels came, despite gloomy world markets and our markets also going through a sell off, it was suggested that Longs could be initiated.
Results are in front of you.
Going forward: Buy on dips can be considered.
Till the time Nifty stays above 19030 - 18960 odd levels, Nifty has higher probability to move towards 19440 / 19680 / 19905 odd levels
SL can be kept initially at 18960 on closing basis. If Market keeps moving upwards Keep trailing SL higher
Take care & safe trading..!!!
If you find the analysis helpful, Do Like and Follow
Disclaimer
-The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- 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
Futures
Aarti Ind - What happens next?It is clear from the chart that the price is near the breakout level of the rectangular channel. My setup is to see it bearish. But have to exit if sustains above 540.
The risk reward is also good in this setup.
Targets are mentioned on the chart. ( If works)
The setup is valid only if it sustains below 540.
It is only for learning and understanding purposes, not a piece of trading advice in any form.
All the best.
Try to maintain patience and calmness while trading, if you consider it to be for the long term.
Jubilant Foods - Time To WatchAs it is clear from the charts, the price is coming to the lower level of the channel. if bounces from these levels, may go bullish, Expected target may be 520 or even 580.
The setup fails if doesn't sustain above 497 on a closing basis.
This is only for learning and sharing purposes, not trading advice in any form.
All the best.
Info Edge - Keep WatchingThe setup is simple to understand by the chart itself. The stock has bounced back from the lower support of the parallel channel. if the momentum continues, may go to 4250/4450 or even a lot more. In a bullish rally, it may go to 5300.
Sustaining below 3960 will show the weakness on the charts. it should travel inside the channel if considering a long setup.
This is only an indicative illustration for learning and sharing purposes, not a piece of trading advice in any form.
Wish you luck.
US 30 - Reversal signs?For the last 12 months, the index has been moving in a parallel channel. This time came to the lower levels. Today gave a bounce back from the desired level.
If momentum continues, the first target should be 33600.
Setup fails if breaches the lower levels of the parallel channel.
It is only for learning and sharing purposes, not a bit of trading advice in any form.
All the best.
DLF Trading in a channelDLF
Chart set up
- Stock is trading in an up trend channel since Aug 2023
- 21 day EMA around 550
- midline of the channel around 550
- currently trading at upper end of the channel
Trading strategy
Short Strangle strategy
Example of Short strangle
Sell 605 Call option and
Sell 545 Put option
Understanding Risk :: Reward
Net receivables in strategy 9.2
Max profit potential Rs 15180 (approx 8% on Margin)
Loss if 30 Nov closing below 535.8 / above 614.2
Any close in between would be profitable
Disclaimer
-The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- 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
Maruti - Next Move?The stock price has been moving in a parallel channel in recent weeks. Can expect it to come to the lower side now. Also, a retest of the breakout at 10k levels seems due.
Other indicative actions are mentioned on the charts.
Risk-reward is good according to the setup.
Only for learning and understanding purposes, not a it of trading advice in any form.
All the best.
Divis lab - Keep an eyeThe concept of the setup is clearly shown on the charts. The third time, the price is around 3540. If bounces back this time too, may go to 3690, 3800, or even more.
It is a low-risk setup because if the price sustains below 3520 for a couple of days, the setup fails. one should exit below 3520 or according to the one's risk management.
The above illustration and setup are only for learning and sharing purposes. it is not a bit of trading advice in any form.
All the best.
Reliance trade setupIt can be marked that the stock has bounced back from 2290 twice. If crosses 2360 with momentum, can go to 2400 or 2460.
MACD is showing a likely crossover.
Sustaining below 2310 will show the weakness on the charts.
Also, according to the setup (if works), the risk-reward ratio is good.
Exit any trade, if it violates your risk management.
Only for learning and sharing purposes, not a bit of trading advice in any form.
All the best.
Brent Crude: Set for 104-108The chart set up suggests support around 85-87 odd levels
Minor resistance around 98 and eventual target for the set up could be 104-108
Risk::Reward ratio favors to go Long
Take care & sage trading..!!!
Disclaimer
-The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- 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: Near resistance zoneNifty
In my last update had mentioned that above 19482 we could see a Short covering rally.
From 19482 to 19689... Nifty has seen a good 200 point plus movement.
With result calendar set to begin from tomorrow, watch our for the Support and Resistance zone marked in the chart.
Any further uptick from here on, Risk::Reward ratio might not be favorable for Bulls but could start favoring the Bears
Selling Call options may be considered.
Take care & safe trading...!!!
Disclaimer
-The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- 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 near 21 day EMALast time, we had suggested a possible short covering rally could come in the market if Nifty goes above 19482.
That is what we saw on 5th morning, when Nifty opened gap up at 19521... made a low of 19487 and then came the short covering rally.
That rally closed the week at 19653 just a tad below 21 day EMA.
& there is a big Political NEWS of Israel war looming ahead of us on Monday morning.
Traders might not have foreseen this coming and there could be adjustments made possibly Monday morning. It would be best to let the market settle first.
There could be cues from price action in Crude Oil prices and Gold prices. If Brent crude goes above 90 then there could be further downside pressure trigger for our markets. If not we might see a bounce back after the initial knee jerk reaction.
Important levels which may act as Support and resistance for the day
Imp levels on the upside: 19720 / 10854 / 19878
Imp levels on the downside 19576 / 19458 / 19333
ONGC could take support at current levels and look for a push possibly towards 200 - 220 in coming days
Take care & safe trading...!!!
Like and Follow
Disclaimer
-The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- 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 Doji candle stick observedNifty
Nifty recovered 100 points from the lows of the day to close at 19436 (S2 19430)
It formed a Doji candle reflecting a fight between Bulls and Bears
Below today’s low, may open doors for a further fall of potentially another 100 -120 odd points
Short sellers can trail SL to 19482 as sustaining above that, a Short covering rally may come in.
FIIs sold in Cash Market to the tune of Rs 4424.02 Cr
DIIs have bought in Cash Market to the tune of Rs 1769.49 Cr
Important levels which may act as Support and resistance for the day
Imp levels on the upside: 19482 / 19535 / 19565
Imp levels on the downside 19368 / 19344 / 19233
Take care & safe trading...!!!
Nifty breaks 50 day EMA as well- On the bounce 19560 odd levels acted as resistance
- Nifty closed the day below 50 day EMA
Let’s see what Data is telling us for 04 Oct 2023…
Index Futures
Retail traders added 14382 Long Contracts and squared off 4026 Short Contracts
FIIs squared off 1327 Long Contracts and added 19261 Short Contracts
Pro traders squared off 1061 Long Contracts and squared off 2251 Short Contracts
Index Call Option
Retail traders added 13.04 Lakh Call Long Contracts and added 12.98 Lakh Call Short Contracts
FIIs added 3.76 Lakh Call Long Contracts and added 1.34 Lakh Call Short Contracts
Pro traders added 3.12 Lakh Call Long Contracts and added 5.59 Lakh Call Short Contracts
Index Put Option
Retail traders added 3.94 Lakh Put Long Contracts and added 6.83 Lakh Put Short Contracts
FIIs added 3.84 Lakh Put Long Contracts and added 39208 Put Short Contracts
Pro traders added 2.10 Lakh Put Long Contracts and added 2.64 Lakh Put Short Contracts
PCR : 0.84
FIIs sold in Cash Market to the tune of Rs 2034.14 Cr
DIIs have bought in Cash Market to the tune of Rs 1361.02 Cr
Important levels which may act as Support and resistance for the day
Imp levels on the upside: 19588 / 19614 / 19640
Imp levels on the downside 19468 / 19430 / 19372
Take care & safe trading...!!!
Why People Use Indicators 👑Royal Trend👑Royal Trend👑
Topic what Why People Use Indicators
In this video we try to understand the Actual Trading in Intraday and Long Term Treading
How market really work with number's
Difference between technical analysis and option trading
Technical analysis and options trading can go hand in hand. Many of the best practices for options trading come directly from technical analysis concepts. Technical analysis focuses on price. Fundamental analysis does not solely focus on price.
why we learn option chain?
Option chain is a chart that will give in-depth information related to all stock contracts available for Nifty stocks. The best thing about the option chain is that it provides valuable information about the current security value and how it will affect it in the long term.
What is the purpose of option chain?
It can be used in creating an option strategy at several strike prices. It can be used to analyse and draw noteworthy insights about the stock and its probable movements. It helps the traders in evaluating the liquidity and the depth of the option contract.
How important is option chain analysis?
The option chain analysis data provides a very comprehensive view for all the available options for any particular underlying asset. This helps in understanding and selecting the correct option for trading or investment purpose.
NOTE
#We Are Not Promote Anything
#This channel Purpose to share market ideas.
Thanks for Watching🙏
Bandhan Bank - Low risk SetupThe chart shows that the stock has bounced back from 210, a support level for the last few months. Also, a retest area for the previous breakout makes it more significant ( if sustains above 210 ).
If sustains above 205-210, may go to 235/252/267 in a short time period. If sustains below 205, will weaken the strength.
Only for learning and sharing purposes, not a bit of trading advice in any form.
Do not gamble in any trade. Try to refine your trading setup in a way so that it should appear like a business.
All the best.
Ultratech - Towards 9000 ?As you can see the stock is traveling in a range that is forming a rising parallel channel. If does not breach the lower side of the channel, we can anticipate the price to move up to 9000.
This setup fails for the time if the price breaks down of the lower channel support.
Only for learning and sharing purposes, not a piece of trading advice in any form.
All the best.
Gold prices continue to be under downward pressureThe world gold price stood at $1,919, down $6 from the same hour last morning. Precious metals are experiencing a brief technical sell-off amid a lack of supportive information. In addition, the USD and bond yields continued to increase, putting pressure on gold. In the short term, gold continues to be under downward pressure.
Even so, gold has strong support at the 200-day moving average, around $1,920. At the end of the year or early next year, the selling pressure on precious metals will decrease. The USD is expected to weaken following signals of the Fed's gradual loosening of monetary policy. Besides, the gold consumption season at the end of the year can also support this commodity more actively.






















