NIFTY VIEW FOR 9 JANUARY As we discussed in previous idea , if nifty break 18000 level we may see more selling to 17900-800 levels , as it did in friday trading session.
Now , you can see simple Resistance and Support area in the chart , we may expect this week in this zone , so try to buy at support level and sell at resistance level
let price make a reversal pattern at the support area or a Bullish candlestick pattern for the confirmation so that we can take entry at right time
or
we can use indicator for confirmation to activate entry
make sure to maintain your stoploss short
Netural
Nifty 50global sentiment Are Negative
2. war was not end
Expiry day
possible for side ways up side break 15862 , downside 15616.50
Observe the trend lines
(16000)Fib 50 % reversal level for down side
(Chart shows halt and flag pattern )
1.IF Tomorrow gap up 15 min candle if break the resistance 15856.45 .. if we can see the price action for buying side and exit at the target price no Trail as per your rules
2.If Open in flat wait for the trend up side or downside Or it may have side ways then take the trade
3.if gap down wait For close the 5 min or 15 min candle the crossed 15714 buy and target price no Trail as per your rules 15624
Weekly high and low should be mark
**(Monday
Total Oi base call side 18,46,959 compare to put side 18,11,594 OI
So call atm to 500 points itm contracts 1,60,749 oi
Put atm to 500 points itm contracts 1,18,821 oi)**
put options purchased itm 16000 strike price 53844 oi
**(tuesday
Total Oi base call side 20,75,492 compare to put side 18,83,476 OI
So call atm to 500 points itm contracts 2,39,718 oi
Put atm to 500 points itm contracts 1,09,929 oi
put options purchased itm 15800 strike price added 34620 oi
every 50 points straddles are created
**(Wednesday
Total Oi base call side 20,17,953 compare to put side 20,13,419 OI
So call atm to 500 points itm contracts 2,26,111 oi
Put atm to 500 points itm contracts 2,07,464 oi
ce fresh oi added contracts 15453 .
ce options purchased itm 15700 strike price added 53,782 oi
every 50 points straddles are created
Option chain shows neutral same call and puts oi
Note . this just prediction. market can happen anything