Indianstocks
MCX Crude OilCrude Oil is running in channel since septmber, we many time initiated purchases near support lines but avoided short selling as Crude is in Bull cycle. We suggested you to buy near 6200 on 22nd Oct for a target of Rs 6500 which you may see tomorrow.
In a few days crude may give another signal either for long or short position.
We may soon see a trend reversal signal in crude oil. Stay connected with us for more updates.
NIFTY 50 crucial levels for Monday!
-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 18300-18350 (18200 level will be very crucial for up move here we can see ( option chain) fresh short positions were added in 18200 CE)
-with SL of 18270
- 18450 we can see as the target after breakout
- support level is at 18100 - 18050
-with the SL of 18120
- 17950 we can see as target after breakdown
Mothersumi Multi-Year BreakoutThis is one of the fundamentally strong company with consistent good returns.
The price is near the 2018 high and facing little resistance. With perfect risk: reward it can deliver minimum 25% returns in very short time. The price can move like Tata motors did.
MCX CRUDE OIL TRADING STRETAGYCrude oil is running in a channel.
Crude oil is moving in a fixed channel. If you get a chance to buy near support line go for long in crude oil, as mentioned in earlier blogs we are bullish on crude oil untill it achieves a target of ₹ 6500.
Do follow our stop loss stretagy.
BANKNIFTY Levels for Friday !🛑 Last 60 Mins Rally was trapped CALL options sellers both in NIFTY n BANKNIFTY
-Bank nifty trading above all the moving averages those were 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 40100 - 40200
-with the stop loss of 40030 - 40000
- we can see target of 40500
- Support Levels is at 39500-39400
- with SL of 39500
- we can see Target of 39300
if you like it ,do follow for more
have a 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 40500 CE and Short 39500 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 40200 happens then we can exit from short CE position and hold short PE Position until achieve the target of 40500
if breakdown at 39800 happens then we can exit from short PE position and hold the short CE Position until achieve the target of 39500
i hope that it will help a lot ,
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 18400 CE and Short 18000 PE
🛑 we can observe that market may be stays in between with the range of 18400-18000 ,only When there's no Volatility .
- if short both side / if we did short strangle
if breakout happens at 18350 then we can exit from short CE position and hold short PE until achieve the target of 18400
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..
NIFTY 50 crucial levels for Friday! i was keep telling that market is opening in huge gap up it is not a encouraging move for market , now filling those gaps
- another thing to remember while investing in stocks , Smart money is pulling out from market
- Last 60 mins sessions was trapped call option sellers both in NIFTY n BANKNIFTY ( Can last 60 Mins rally will be deciding factor for tomorrow)
-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 18300-18350 (18200 level will be very crucial for up move here we can see ( option chain) fresh short positions were added in 18200 CE)
-with SL of 18270
- 18450 we can see as the target after breakout
- support level is at 18200 - 18180
-with the SL of 18250
- 18100 we can see as target after breakdown
if you like it do follow for more , Have a nice day ...
NIFTY 50 Analysis n Trading ideas!!- Nifty filling up those gaps which are left vacant with huge gap up , i was keep telling that these gaps will fill up sooner than expected
- continuous three trading sessions were opened in huge gap up and Monday daily frame showing that indecision between buyers and sellers and following days Candles look like three black crows were forming which is clear indication that possible direction is towards downside and or it may be stay flat
- option sellers was trapped in todays last 60 mins sessions both in NIFTY and BANKNIFTY
- however banking stocks were out performed today and throughout the day banknifty holds the nifty
- IT sector was continue to Bleeding
- Mainly paint stocks were damaged market due to increasing crude oil which is now trading at 7Y high
- Rise in crude oil is definitely concern for every manufacturing and import , export companies
- GOLD prices and 10Y bond Prices were increasing which is indicating that some of investors were transferring money from equities to safer and less volatile assets
- For NIFTY 18050 - 18100 is very important zone to hold if it breakdown these levels or if closed below these levels then definitely market will enter into consolidation zone due to some concerns like raising in crude prices , 10Y bond , GOLD prices
regards - Agasthya
NIFTY 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 18500 CE and Short 18100 PE
🛑 we can observe that market may be stays in between with the range of 18500-18100 ,only When there's no Volatility .
- if short both side / if we did short strangle
if breakout happens at 18500 then we can exit from short CE position and hold short PE until achieve the target of 18500
if breakdown happens at 18180 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..
BANKNIFTY Strikes for Shorting !!🛑 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 39800 happens then we can exit from short CE position and hold short PE Position until achieve the target of 40000
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 Expiry Day !🛑in Yesterday market analysis i told that there's indecision between buyers and sellers at high level , and today also market is rejected from 38800 - 38900 levels and if you see the BANKNIFTY in Day frame chart we can clearly observe that it forming bearish candles at higher levels
-in today market we can observe that there's is indecision between sellers and buyers at higher levels and Caution it is bull market (Showing that no more buying interest for Institutional traders and that can be confirmed by FIIs ,DIIs data these two were pulling out their money)
-Bank nifty trading above all the moving averages those were 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 39450 - 39850
-with the stop loss of 39700
- we can see target of 40000
- 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
KAJARIACEM, good risk/reward opportunityBouncing off the lower median line of pitchfork on good volume.
Target: central median line or red dash line
**I will be posting ideas for my own journal-ing and learning sake and to hopefully spark up educational discussions. Please do not construe them as recommendations as I am just an amateur here to learn :)
NIFTY obeying DOW Theory!!- FIIs net sold for the day is about Rs 505.79 CR
whereas DIIs net sold Rs 2578.22 CR
- Both were booking their profit not only today from past few days
- Still market is rising due to news that indian stock market is trading at life time high , this is the news bringing new investors and Urging retailers to invest in market but no one noticing that smart money is pulling out from the market
- this where retailers get stuck in and this where everyone start panic n blaming the market
- i'm not telling that market will turn into Bearish
- but market will get correct or consolidate for some period
- Stay light with Quantity
- Move from Quantity to Quality
Nifty RSI Showing Divergence !!- from past 4 Trading sessions market opening in Huge GAP UP , However it's not a good sign at higher levels
- Nifty forming candle like Bearish marubozu and their body is covered over entire yesterday's trading session which is indicating possible trend reversal may occur
- RSI Showing divergence
NIFTY forming Higher Highs and Higher Lows
where as RSI showing that Lower Highs and Lower Lows
- Currently RSI is in OVERBOUGHT Zone
- F&O data showing that FII's and Proprietors were Bearish on market
- Brent crude oil is rising it is at 3 Y
- 10Y bond is rising which is currently at 1Y high
-10 Y bond is rising means investors are turning towards safer investments due to concern about rising Inflation
- However RBI didn't talked about rising in commodity prices and how they will impact on economy
- off course economy is rising than expected but there's concern about inflation recently CPI data of US showing that inflation is raising
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 ...