NIFTY 50 crucial levels for Wednesday!-(Nifty consistently opening with Huge Gap up from last 3 trading sessions and leaving the gap as it is not good sign for market ,we can see in Daily frame chart there's an in decision between the Buyers and Sellers at higher levels)
- this what exactly i was told in yesterday's market analysis , we can see market is been rejected from 18600 levels
- in day frame chart todays candle body id covered whole yesterday's trading sessions
-Currently NIFTY is trading above 21Day ,50 Day, 100 Day moving averages
- - WEEKLY pivot point is at 18180
🛑 Key levels to watch out for intraday traders :-
- resistance is at 18600 -18550 (here we can see ( option chain) more short positions were holding at 18500 CE)
-with SL of 18500
- 18700 we can see as the target after breakout
- support level is at 18350-19300
-with the SL of 18380
- 18200 we can see as target after breakdown
if you like it do follow for more , Have a nice day ...
Indianstockmarket
NIFTY 50 Shorting Strikes !!🛑 Shorting strikes purely based on india vix volatility index
- we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle
- Short 18600 CE and Short 18200 PE
🛑 we can observe that market may be stays in between with the range of 18600-18200 ,only When there's no Volatility .
- if short both side / if we did short strangle
if breakout happens at 18600 then we can exit from short CE position and hold short PE until achieve the target of 18700
if breakdown happens at 18300 then we can exit from short PE position and hold the short CE until achieve the target of 18200
i hope that it will help a lot ,
if you like it do follow for more,
have nice day..
BANKNIFTY Shorting Strikes !🛑 Shorting strikes purely based on india vix volatility index
- we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle
- Short 40000 CE and Short 39100 PE
🛑 we can observe that market may be stays in between within the above range
- if short both side / if we did short strangle
if breakout at 40000 happens then we can exit from short CE position and hold short PE Position until achieve the target of 40300
if breakdown at 39300 happens then we can exit from short PE position and hold the short CE Position until achieve the target of 39000
i hope that it will help a lot ,
if you like it do follow for more
have a nice day
BANKNIFTY Levels for Wednesday !🛑in Yesterday market analysis told that there's in decision between buyers and sellers at high level , and today also market is rejected from 39900 -40000 levels and if see the BANKNIFTY in Day frame chart we can clearly observe that it forms bearish candle which it's body covered full yesterday's trading sessions ....
- from now market will stays in between the range 40000-38300 , will be the consolidation zone for BANKNIFTY
-Bank nifty trading above all the moving averages ie . 21 day, 50 day , and 100 day
- Bank Nifty WEEKLY Pivot is at 38800
🛑 keys Levels to watch out for day traders
- resistance is at 39900- 40000
-with the stop loss of 39800
- we can see target of 40300
- Support Levels is at 39400-39300
- with SL of 39500
- we can see Target of 39000
if you like it ,do follow for more
have a nice day
NIFTY Shorting strikes !🛑 Shorting strikes purely based on india vix volatility index
- we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle
- Short 18700 CE and Short 18300 PE
🛑 we can observe that market may be stays in between with the range of 18700-18300 ,only When there's no Volatility .
- if short both side / if we did short strangle
if breakout happens at 18600 then we can exit from short CE position and hold short PE until achieve the target of 18200
if breakdown happens at 18270 then we can exit from short PE position and hold the short CE until achieve the target of 18700
i hope that it will help a lot ,
if you like it do follow for more,
have nice day..
BANKNIFTY Shorting strikes for Tuesday!🛑 Shorting strikes purely based on india vix volatility index
- we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle
- Short 40000 CE and Short 39300 PE
🛑 we can observe that market may be stays in between within the above range
- if short both side / if we did short strangle
if breakout at 40000 happens then we can exit from short CE position and hold short PE Position until achieve the target of 40300
if breakdown at 39300 happens then we can exit from short PE position and hold the short CE Position until achieve the target of 39000
i hope that it will help a lot ,
if you like it do follow for more
have a nice day
BANKNIFTY Levels for Tuesday !🛑If we see the BANKNIFTY in Day frame chart there's an in decision between buyer's and seller's
-Bank nifty trading above all the moving averages ie . 21 day, 50 day , and 100 day
- Bank Nifty WEEKLY Pivot is at 38800
🛑 keys Levels to watch out for day traders
- resistance is at 39900- 40000
-with the stop loss of 39700
- we can see target of 40300
- Support Levels is at 39300-39200
- with SL of 39400
- we can see Target of 38900
🛑first immediate support level will be 39600 where banknifty become weak on intraday day basis below these level
if you like it ,do follow for more
have a nice day
NIFTY 50 crucial levels for Tuesday!- Nifty consistently opening with Huge Gap up from last 3 trading sessions and leaving the gap as it is not good sign for market
- we can see in Daily frame chart there's an in decision between the Buyers and Sellers at higher levels
- one can go short on call when nifty breakdown below the middle support or below the 18440
-Currently NIFTY is trading above 21Day ,50 Day, 100 Day moving averages
- - WEEKLY pivot point is at 18180
🛑 Key levels to watch out for intraday traders :-
- resistance is at 18500 -18550 (here we can see ( option chain) more short positions were holding at 18500 CE)
-with SL of 18480
- 18670 we can see as the target after breakout
- support level is at 18300 - 18270
-with the SL of 18350
- 18200 we can see as target after breakdown
if you like it do follow for more , Have a nice day ...
NIFTY 50 crucial levels for Monday!- Nifty closed above it's crucial resistance level , but there's gap it may can fill up sooner than expected
-Currently NIFTY is trading above 21Day ,50 Day, 100 Day moving averages
- - WEEKLY pivot point is at 17800
🛑 Key levels to watch out for intraday traders :-
- resistance is at 18350 -18400 (here we can see ( option chain) more short positions were holding at 18500 CE)
-with SL of 18320
- 18500 we can see as the target after breakout
- support level is at 18200 - 18220
-with the SL of 18300
- 18100 we can see as target after breakdown
if you like it do follow for more , Have a nice day ...
BANKNIFTY Levels for Monday !🛑 Bank nifty trading above all the moving averages ie . 21 day, 50 day , and 100 day
- Bank Nifty weekly 37750
🛑 keys Levels to watch out for day traders
- resistance is at 39500 - 39550
-with the stop loss of 39350
- we can see target of 39800
- Support Levels is at 38800 - 38900
- with SL of 39000
- we can see Target of 38500
🛑first immediate support level will be 39000 where banknifty become weak on intraday day basis below these level
if you like it ,do follow for more
have a nice day
BANKNIFTY SHorting Based on Vix!Shorting strikes purely based on india vix volatility index
- we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle
- Short 39700 CE and Short 39000 PE
🛑 we can observe that market may be stays in between within the above range
- if short both side / if we did short strangle
if breakout at 39550 happens then we can exit from short CE position and hold short PE Position until achieve the target of 39700
if breakdown at 39000 happens then we can exit from short PE position and hold the short CE Position until achieve the target of 38800
- First immediate support zone for BANKNIFTY is at 39000 and main crucial support zone will 38900-38800
i hope that it will help a lot ,
if you like it do follow for more
have a nice day
NIFTY Shorting Strikes using Vix !Shorting strikes purely based on india vix volatility index
- we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle
- Short 18500 CE and Short 18150 PE
🛑 we can observe that market may be stays in between with the range of 18500 - 18150 , When there's no Volatility.
- if short both side / if we did short strangle
if breakout happens at 18400 then we can exit from short CE position and hold short PE until achieve the target of 18500
if breakdown happens at 18150 then we can exit from short PE position and hold the short CE until achieve the target of 18100
i hope that it will help a lot ,
if you like it do follow for more,
have nice day..
NIFTY AND SENSEX ANALYSISIndian economy is recovering rapidly after corona virus pandemic crash but rising crude oil prices and inflation is a issue of worry for Indian Equity Market.
Things agaisnt Indian Stock Market
Rising Crude Oil Prices
Crude Oil prices are at high of 3 years, after 2018 it is first that Brent crude crossed $ 85 mark on London Exchanges.
The shortage of Gas and Coal around the world is trigging demand of alternate energy option i.e. crude oil which is raising its price globaly.
Rising Price of Base Metal will lower industrial profit and may pull down industrial growth rate for the 3rd quarter.
Things in Favour
Export Boom Forex reserves rose by $2.04 billion to $639.52 billion in week ended october 8 accroding to RBI data.
Surge in Tax Revenue The government has collected Rs 1,17,010 crore GST for the month of September which is 23% higher than the same period last year. The average monthly gross GST collection for the second quarter of the current year has been Rs 1.15 lakh crore, which is 5% higher than the average monthly collection of Rs 1.10 lakh crore in the first quarter of the year.
Shrinking Pile of Bank NPAs : Indian public sector banks collectively owed approximately 6.17 trillion Indian rupees in non-performing assets in fiscal year 2021. against 7.5 trillion rupees in the 2019 fiscal year, indicating a slow but slight relief.
Optimistic Industrial Production Resulting, Indian indiaces have gained almost 30% this year in 2021
Booming Corporate Profits September quarter results will be in market very soon that will guide the further market directions. Recently Reality, Auto and Energy sector have been big gainers in last one year, since Sep 2020.
Continuing Economic Growth : India's 4 years average GDP growth will be around 3.6% against global average of 2.6%.
CONCLUSION
In my opinion, NIFTY may very soon give a signal for a short call, but you have to be very patient for that.
Devyani international / KFC trading ideas ! 🛑 Devyani / KFC i think this Is not up to the mark with Results , we have to avoid going long on this until it breakout of 145- 150 until then we can't take any decisions on this because volumes were so low , by the way one can go short on this by selling at 100-105 region if it breakdown the 110 -111 zone where it is the crucial support zone for it , once it breakdown this level then it is highly difficult to comeback where as it may see further selling pressure..
◽ if you wish to take an swing trade can initiate @ demand zone of 110 -111 level with SL of 100 -105 we can see the short term target of 145-150
◽ Nifty and Sensex were in Bull but KFC is seeing selling pressure
NIFTY Shorting strikes based on Vix!Shorting strikes purely based on india vix volatility index
- we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle
- Short 18300 CE and Short 18000 PE
🛑 we can observe that market may be stays in between with the range of 18300 - 18000
- if short both side / if we did short strangle
if breakout happens at 18220 then we can exit from short CE position and hold short PE until achieve the target of 18300
if breakdown happens at 18050 then we can exit from short PE position and hold the short CE until achieve the target of 18000
i hope that it will help a lot ,
if you like it do follow for more,
have nice day..
BANKNIFTY Shorting strikes based on VixShorting strikes purely based on india vix volatility index
- we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle
- Short 39000 CE and Short 38300 PE
🛑 we can observe that market may be stays in between within the above range
- if short both side / if we did short strangle
if breakout at 38850 happens then we can exit from short CE position and hold short PE until achieve the target of 39000
if breakdown at 38450 happens then we can exit from short PE position and hold the short CE until achieve the target of 38300
i hope that it will help a lot ,
if you like it do follow for more
have a nice day
BANKNIFTY Levels for Expiry Day !🛑 Bank nifty trading above all the moving averages ie . 21 day, 50 day , and 100 day
- Bank Nifty weekly 37750
🛑 keys Levels to watch out for day traders
- resistance is at 38800 - 38850
-with the stop loss of 38700
- we can see target of 39000
- Support Levels is at 38450 - 38500
- with SL of 38650
- we can see Target of 38300
if you like it ,do follow for more
have a nice day
India Vix analysis for shorting strikesIndia vix is an volatility index of an nifty 50
- India Vix shows the expected volatility for next one year
🛑
- currently india vixis at 15.62 (IST 12:02 PM)
-market is raising but volatility is falling
- sudden drop or rise will increases the volatility/vix otherwise Vix will be flat
🛑 what is 15.62means ?
- well, it is expected volatility for next one from today it means nifty can go up by +15.62 % or it may can go down by - 15.62% (for next one year)
- it doesn't include any global sentiment or news
-now we can calculate expected volatility for next one month and even we can calculate for next day also
- Question is what is the use from it ?
- well, it tells us that it may can stays in between mine range when market is choppy / range bound
- and it will gives us shorting strikes to do the short strangle
-then if you needed range for next one month then , use this formula
Vix /sqrt (12) = x%
where - 12 is number of month ( standard vix is calculated for one year )
for ex, vix = 15.62 , sqrt(12) = 3.46
15.62/3.46 = 4.5 %
means from today's market close to next one month nifty can go up by +4.5% or it may can go down by -4.5% .
using this we can do short strangle for one month as we know as expiry appears premium will fall , or bcz of time decay / theta
caution it doesn't include any global , investors sentiment
- if you needed tp calculate for next day
or in other words
if you needed short strangle strikes for next day use this formula
- Vix /sqrt(365) = Y%
where 365 is number of days in one year
and nifty can go up +Y% or it may can go down by -Y%
by using above and below strikes we can do short strangle (short above strike CE and Short below strike PE)
i hope that it will help a lot , if you like it do follow for more
BANKNIFTY shorting strikes !!Shorting strikes purely based on india vix volatility index
- we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle
- Short 38900 CE and Short 38200 PE
🛑 we can observe that market may be stays in between within the above range
- if short both side / if we did short strangle
if breakout at 38600 happens then we can exit from short CE position and hold short PE until achieve the target of 38800
if breakdown at 38200 happens then we can exit from short PE position and hold the short CE until achieve the target of 38000
for detailed explain kindly checkout mine resent post
i hope that it will help a lot ,
if you like it do follow for more
have a nice day
NIFTY 50 Shorting strikes based on Vix Shorting strikes purely based on india vix volatility index
- we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle
- Short 18150 CE and Short 17850 PE
🛑 India Vix helps to calculate the expected volatility for shorter time period
- currently india vixis at 15.85 down by -1.49% which means premium is declined in both CE as well as PE
- drop in premium bcz declined in volatility
- what is 15.85 ?
- well, it is expected volatility for next one from today it means nifty can go up by +15.85 % or it may can go down by - 15.85% (for next one year)
- it doesn't include any global sentiment or news
-now we can calculate expected volatility for next one month and even we can calculate for next day also
- Question is what is the use from it ?
- well, it tells us that it may can stays in between mine range when market is choppy / range bound
- we get that one point it is so much help full in side ways market , right ?
yeah
- if you needed range for next one month then , use this formula
Vix/sqrt (12) = x%
where - 12 is number of month ( standard vix is calculated for one year )
for ex, vix = 15.85 , sqrt(12) = 3.46
15.85/3.46 = 4.5 %
means from today's market close to next one month nifty can go up by +4.5% or it may can go down by -4.5% .
using this we can do short strangle for one month as we know as expiry appears premium will fall , or bcz of time decay / theta
caution it doesn't include any global , investors sentiment
- calculation for next day
if needed short strangle strikes for next day use this formula
- Vix/sqrt(365) =Y%
where 365 is number of days in one year
now for example (which is exactly given below)
Vix= 15.85 , sqrt (365) = 19.1
15.85/19.1 = 0.829% (149 points)
it means nifty can go up by +0.82% or it may can go down by -82%
- in other words nifty can go up by +149 points or it may can go up to max ie. 18150 (17991(previous close)+ 149 (expected points))
- and it may can down by -149 points or it may can go up to max ie. 17850 (17991-149)
now,
🛑 we can observe that market may be stays in between with the range of 18150 - 17850
- so , i will exit from one side position if any breakout/ breakdown happens (just to reduce the risk in one side )
i will exit only when support/resistance breakout (if you need resistance / support scroll down mine profile)
- if short both side / if we did short strangle
if breakout at 18050 happens then we can exit from short CE position and hold short PE until achieve the target of 18100 - 18150
if breakdown at 17850 happens then we can exit from short PE position and hold the short CE until achieve the target of 17750
i hope that it will help a lot ,
if you like it do follow for more,
have nice day