Pure Downtrend and consolidation are present and there was restest thereby further downtrend can be seen in the next market session.
NIFTY FRIDAY TRADING PLAN: Firstly, it is very evident that 11900 is a resistance and 11800 is a good support. 1. If price opens gap up above 11900 (which has less probability) and sustains this level, buy can be initiated 2. If opens gap down below 11800, a 50 points till 11750 move can be seen to fill the gap. If 750 breaks more pain can be seen. 3. If...
Nifty trade setup nifty is still bullish. we have been seeing gap up opening for last 6-7 days . intraday trading is tough but the best way is do scalping. tomorrow I will go long above 11910 and short below 11790. trend line t2 is short term support. above T2 market is bullish. and T1 is long term support. will sell only if the market breaks T1. there is 120...
Nifty looks strong above trade line 2. As option data suggest we can expect up movement. if the market breaks 11800 and sustain then I will look to sell put option . every dip is buying oppurtunity. if the market breaks the 11670 levels then i will look to short the market.
Today we have an excellent run around 60 points from our level. Nifty managed to close above 10653 is a very strong sign for the market. T2 represents the resent trend while T 1 represents dynamic long-term support. Nifty is long above 11684 .watch out level is 11715. if break and sustain we can see strong upside movement. aggressive short can initiate below...
Gave inv H&S BO and Trendline BO Looks good above 3466 levels
Intraday Sell Nifty Future ~ 11412, Stop ~ 11455, Target ~ 11330
some people ask me how do we know that it's going to break the support or resisitance . frankly told you no one in this world knows. we all do work on probability. technicals give you a view of the mass psychology. best way is whenever the market approach your resistance or support sell the nearest call and put .and hedge the position to buy call or put . in this...
NIFTY TRADE SETUP Nifty has given us very easy money today. this kind of setup we get once in month . Tommrow if market opens above 11260 and sustain we can go long with for target 11300 , 11340 , 11380. if Market opens gap down below 11777 ... we will be on shorter side. if market open flat then we can see a range bound market. if market is range bound then i...
NIFTY TRADE SETUP FOR MONDAY Although nifty recovery around 250 points from the low in a single trading day but the market is still bearish. if market opens above 11080 and sustain then we can initiate long for day trading. But in that scenario, I prefer to sell the put options with 11040 stop loss. . the market can be range-bound between 11110- 11180. once the...
For Long Above 785 For Short below 748
NIFTY TRADE SETUP The market recovers 100 points in the last hour. if the market opens gap up then 11120- 11090 will work as support. tomorrow is expiry so we can expect a volatile market. on the dip, I sell the put option with 20-30 point stop loss. on the upper side will sell calls will not carry naked position and will try to close call before 2:30. if the...
TREND ANALYSIS & TRADE SETUP ! FLAG PATTERN ! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for entry setup, if available then Long/short. Reward is 4-5 times .
Nifty Trae set up After 2 days directional movement we can see a range-bound market before expiry. I will rather sell the option tomorrow than buy it. level I have marked. simple I will mark 30 min range .om high side will sell call and the lower side will sell PE. keep both positions intact until range break. Keep an eye on Bank nifty. if it trades below the...
TARGETS IN IMAGE IF YOU WANT MORE ANALYSIS COMMENT DOWN
Titan has already crossed the neckline so we can go for short and it has little hurdle at 1154 otherwise it may fall below 1150