NIFTY 50 EOD ANALYSIS 02-12-21
In this post, I talk about the analysis for the day and the trading range for tomorrow. The video discusses with the help of the charts how the indices as well as leading stocks performed during the day and their likely play tomorrow.
O 17183.20
H 17420.25
L 17149.30
C 17401.65
EOD +234.75 points / +1.37%
India VIX...
NIFTY 50 EOD ANALYSIS 11-11-21
In this post, I talk about the analysis for the day and the trading range for tomorrow. The video discusses with the help of the charts how the indices as well as leading stocks performed during the day and their likely play tomorrow.
O 17967.45
H 17971.35
L 17798.20
C 17873.60
EOD - -143.60 points / -0.15%
India VIX = I am...
On a minute candle stick pattern, nifty shows, breakout level only above 18356, Even if opened positive on 28th october 2021, there is no trade zone for option buyers ( Call and Put ) between 18250 to 18356,
Heavy chances of premium decay,
Nifty closed below a strong trend line, If opened and trade below 18250, there is highly possibility of testing 17800.
-Currently NIFTY is trading above 21Day, 50 Day, 100 Day moving averages
- - WEEKLY pivot point is at 18251
🛑 Key levels to watch out for intraday traders :-
- resistance is at 18300-18350
-with SL of 18260
- 18450 we can see as the target after breakout
- support level is at 18100-18050
-with the SL of 18130
- 17950 we can see as target after breakdown
SWING TRADING WATCHLIST FOR THE WEEK BEGINNING 18-10-21
INTENT
I will only be sharing the time frame and the scrip name. I will leave the trade basis aside as the intent is to engage the reader in learning the basics of finding good scrips. You can have a look at the charts and place your favorite indicators and check out if any of these fit your trade...
Nifty Futures
Looks like a bullish flag was made and Nifty did attempt to break it yesterday itself. Let's see where we open today but I think the bull rally should be back very soon.
There is a good support at 17274.50 level so the stoploss should be 17250 closing basis.
Long traders should keep the targets open as the nifty still has steam and we may see 17650 /...
Phillips Carbon Black Limited , a part of RP-Sanjiv Goenka Group, was set up by Mr. K. P. Goenka in 1960 in collaboration with Phillips Petroleum Company, USA, with the core objective of substitution of the import of carbon black. PCBL is the largest carbon black manufacturer in India and a strong global player with a significant customer base in 40+ countries....
We saw a good up-move as Nifty broke the falling resistance line and met all of our buying targets, as predicted. For tomorrow, we can expect a move higher above 16650, although caution is advised around the 16700 zones, as it is a Nifty ATH.
Look for a selling opportunity in the morning at higher levels if we begin with a large gap-up.
Tomorrow's Expectations:...
Hello Everyone,
Nifty is trading in a range & observe nifty to break either side on the green lines marked for further taking any trade decision. Upper end 16401 & lower end at 15990.
if Nifty breaks either sides we can expect a sharp move which can fetch us 90-100 points during intraday itself.
Bank Nifty Analysis also updated for the day and moving in a...
Nifty charts clearly showing distribution after long run apx.1700 points. i think ard 2-3 September 2021 if nifty breakdown 15500 level nifty will easily touch 14500 - 14300.
In 2nd hand if nifty takes support around 15500 and gives closing above support level, nifty will again test high level and continue distribution chennel for few days.
Nifty (NSE Cash)
LTP: 15753.35
Support: 15629.65
Resistance: 15838.45
Looks like a rounded bottom pattern in daily charts. Risk reward ratio is not favorable.
No Trade
Nifty
Derivative data analysis for trade day April 9, 2021
Futures Data
- Retail participants added 10.97K Index Futures Long Contracts & exited 434 Index Futures Short contracts
- FIIs added 990 Index Futures Long Contracts and added 6.56 K Index Futures Short Contracts
- Proprietary traders added 1.47K Index Futures Long contracts and added 5.98K Index...
The range in which NIFTY is trading is shrinking. It has started forming a pattern which is The Rising Wedge Pattern. It is mostly observed that this pattern generally has a breakdown instead of a breakout but that depends on the market is never 100% guaranteed. But as it is said in stock market "History repeats itself" so we can believe to notice a break down in...
