IMP LEVELS FOR 02/08/2022We witnessed a very slow trending day today, but if we look closely we did move up but with less than average volumes.
Tomorrow, if we open flat we can take longs once we cross 38000, with Sl of 37920 and look for targets of 38080,38150 and 38200. Once we see a 15 min candle close above 38200, we can see 38400 tomorrow itself.
In case we open with a gap, we shall wait for price to sustain above 38200 before initiating fresh longs.
In case of a gap down, 37750 will act as a support area and longs can be taken with SL at 37680. The targets to look forward here will be 37900,38000 and 38100.
Marketprofile
NIFTY LOOKS BEARISH (Short Trend) Analysis on Nifty FUTDate 15 Monday Trading Plans
View: Bearish
Why Bearish View?
Nifty is in the consolidation phase consolidating between 15436 and 14520. On Friday(15th March) we can see buying exhaustion and a good volume of supply near the top of the consolidation range. So the rule of trading in a sideways market is BOD and SOR(Buy on Deep or Sell on Rise) so it might drop till 14500 in the coming trading session.
Why it Might Drop?
From the market context, we can see the lows that are making by previous trading sessions are very weak (weak low) and (making poor low from market profile context) weak buyer(impatient buyer) need to be taken out and repair.
DISCLAIMER:
This is only my view for the coming trading session on NIFTY please consult your financial advisor. Market Can Do Whatever They Want Please Don't Try to Fight With Market.
#NIFTY & #BANKNIFTY analysis for Expiry Day Trading - 10/03/2021So far, #NIFTY and #BANKNIFTY were trending upwards; however, the overall structure is still trading in a broad bracket.
Will markets stay within this bracket?
I have tried to explain this concept in this video. Kindly let me know your feedback or questions in the comments:)
Thank you:)
NIFTY & BANKNIFTY analysis for Expiry Trading - 04/03/2021NSE:BANKNIFTY1! Hey There,
So far, #NIFTY and #BANKNIFTY were trending upwards; however, the ending session's volume accumulation is not good for this move unless the price opens above the accumulated zone and accepts. Till then, sideways to bearish move can be expected.
Is it an indication of Uncertain volatile expiry !?
Well,
I have tried to explain this concept in this video. Kindly let me know your feedback or questions in the comments:)
Thank you:)
NIFTY - MONTHLY EXPIRY (SEPTEMBER 24TH)NIFTY ANALYSIS
AS PER THE FUTURES DATA OF ORDERFLOW THERE ARE NET SHORT POSITIONS ON CLOSING INDICATING SOME BEAR SIGNS.
NIFTY HAS A HURDLE AREA OF 11180 AND 11240 LEVELS ABOVE WHICH (IF BROKEN) CAN TEST 11280-11300 LEVELS.
ON THE DOWNSIDE A SMALL SUPPORT OF 11065-11080 LEVELS AND A STRONG PSYCHOLOGICAL SUPPORT AREA 11000-11020 AREAS IS VERY CRUCIAL FOR THE INDEX.
NIFTY OPTION CHAIN ANALYSIS
AS PER THE OPTIONS CHAIN DATA THERE HAS BEEN PUT UNWINDING AT 11300 TO 11150 AND GOOD AMOUNT OF CALL WRITING AT ALL ABOVE STRIKE PRICES INDICATING MARKET SENTIMENTS TO BEARISH. HOWEVER 11000 IS CARRYING GOOD AMOUNT OF PUT WRITING WHICH SHOWS THAT IT IS A VERY CRUCIAL SUPPORT OF THE INDEX.
DEMAND AREAS - 11080-11120 // 11000-11020
SUPPLY AREAS - 11220-11245 // 11280-11300
BANK NIFTY - MONTHLY EXPIRY (SEPTEMBER 24TH)BANK NIFTY ANALYSIS
AS PER THE FUTURES DATA THERE ARE NET SHORT POSITIONS IN THE MARKET AT CLOSING INDICATING SOME BEARISH SIGNS.
THE IMPORTANT LEVELS WERE ALREADY SHARED I.E 21100-20900 LEVELS WHICH IS STILL A VERY IMPORTANT LEVEL, HOWEVER MARKET BROKE THOSE LEVELS TODAY BUT IT GOT PRICE REJECTION AND MARKET BOUNCED SHARPLY UPSIDE AND CLOSED AROUND 21300 LEVELS.
ON THE UPSIDE 21400-21550 LEVELS IS AN IMPORTANT SUPPLY ZONE, IF BROKEN ABOVE WHICH MARKET CAN SEE BUYING TILL 21800 AND 22000 LEVELS.
DEMAND ZONES - 21100-20900//20550-20400//20000
SUPPLY ZONES - 21500-21600//21850-22050//22200
BANKNIFTY OPTION CHAIN ANALYSIS
AS PER THE OPTIONS CHAIN DATA THERE HAS BEEN PUT UNWINDING AT ALL LEVELS FROM 22000-21400 LEVELS AND GOOD AMOUNT OF CALL WRITING INDICATING MARKET IS LIKELY TO EXPIRE BELOW 21400 LEVELS AS OF NOW. THE LEVELS OF 21400-21550 LEVELS WILL ACT AS A MAJOR RESISTANCE FOR EXPIRY WHICH IS ALSO MARKED WITH HELP OF VOLUME PROFILE.
ON THE SUPPORT AT 21000 LEVELS THERE HAS BEEN GOOD AMOUNT OF CALL WRITING AND VERY SMALL AMOUNT OF PUT WRITING INDICATING MARKET CAN BREAK THE LEVELS OF 21000 AS WELL. BELOW THIS LEVELS THE NEXT MAJOR SUPPORT AREA IS 20500 LEVELS.
PLEASE TRADE WITH HIGH CAUTIONS - ITS EXPIRY DAY AND MARKET CAN WITNESS GOOD SWINGS AND VOLATILITY.
TITAN - Intraday Analysis and UpdatesThe stock tested the Initial Balance at the downside and reversed from 1050.
The retracement should have greater volumes and momentum and
wide range candles than the bearish candles to gain strength.
Failing this, it will continue its downward journey or simply trade in the range.
We will see what happens throughout the day.
Check for updates and any trade signals
Buying is initiated on this stock footprint view for AARTIINDWe have seen here two Flag Pattern , One Channel and Triangle on this stock.
While Flag Pattern found in up trend and present formed is a triangle at value low of the channel.
Almost everything is positive on this stock at the value low of the channel. As per triangle target is 837 nearby. After breaking trinagle, I expect here flag pattern again with the target of 904-923.
Stock is forming triangle pattern on long timeframe .
We are seeing tight channel and the price is trading at the value low(lower line of the channel). This means, investors is ready to enter if volume increase price can make wave (5) as mentioned in the chart.
The primary trend is up on this stock.










