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NIFTY-NSE

Nifty hourly chart studyNifty hourly chart study - With important levels marked in green Important levels to watch out for 9320/10000/10350 Note: 1. The major trend is bearish and this could be a short term pullback and not a trend reversal. The day market/charts shows reversal signals we all will change our opinions. until then major trend could remain bearish and minor trend could be bullish (pullback). 2. This analysis is based on recent swing points and only valid as long as 7511 (march 24th low) is intact.
NSE:NIFTY
by k314
8
Weekly Expiry: F&O Data analysis & important levels for 9 AprilIn our previous post we had given support levels of 8744 and 8688. Do notice, Nifty opened at 8688 close to 8680 level and managed to close the day at 8748 just a tad above 8744 support levels. In between we saw a roller coaster kind of a ride… From 140 points down in early trade to a rally of 478 points from the lows and then again a 430 point drop from the highs… In Futures Segment FIIs sold 7.7K contracts worth 413 Cr. FIIs booked profits and squared off 5041 Long Contracts. They also added 2668 Short contracts Retail Clients squared off 1255 Long contracts and also exited 4027 contracts from Short position. Pro traders added 6578 Long contracts and exited 898 contracts from Short position. Option Data Analysis On the Call option front FIIs exited a marginal 734 Contracts from their Long position and added 7336 Call Short Position Retail traders were active in Call Options adding 1.07 Lakhs Long contracts and adding 63.8K Short contracts Pro traders bought 11375 Call Long and also created fresh 46400 Short Contracts On the Put Option front, FIIs added 8720 Put Long contracts and also added 7490 Put Short contracts Retail traders added 12541 Put Long and created 13007 Put Short contracts. All in all, Retail participants have gone aggressive on Call Long side, FIIs are playing it light and Pro traders again are playing a balanced game by going Long in Futures and Selling Call Options. Support 8744 / 8680 / 8653 / 8618 Resistance 8820 / 8905 / 8986 / 9027 Tomorrow being a weekly expiry and also being a truncated weekly closing, it will be an interesting day. Maximum Call Option activity happened at 8900 and 9000 Strike Price. Given the activity, Nifty Level of 8986 – 9027 will hold the key for the day and looks likely to be the upper cap for expiry. Take care & safe trading…!!!
NSE:NIFTY
by indiamarketoutlook
6
Nifty 30min chart will help you clearly look on directionalHey, Friends. You know very well that I am working on Crypto currency now a day that why unable to answer you in a private message at a time nor on the comment section. I am trying best to reply to you. This channel still not confirmed completely. 8836 is resistance to push price 180-300 points -ve. ------------------------------------------------------------------------------------------------- Let's talk on the chart now:- We created a parallel channel by looking at market pivots that have lines (a), (b),....(e). If look at this chart and drawing minutely, then you will found that where are maximum points(dots). That is called gravitation to attract the price value. In the future, while the pullback price tries to test this line in the coming days. Close view on the above chart: The price very near the yellow gravitating line ()yellow which is 8912 nearby.
NSE:NIFTY
by Trade-Technique
76
Nifty - Long - Swing TradeNifty formed a bullish flag pattern followed by a consolidation before a breakout to reach the top of the flag. Further consolidation was seen in the ~11800-12000 range. Nifty has witnessed a breakout from this range and is thefore expected to resume its upmove to the target of 12775 given the length of the Flag Pole. This is ofcourse going to be a swing trade with positions to be held for several weeks. I will post updates on the trade from time to time. Stop Loss should be maintained at 11800. Target: 12775
NSE:NIFTYLong
by joyesh
2