Niftyexpiry
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
NIFTY 10 DAYS +767(8.69%)POINTS: TIME FOR SOME BREATHERLong view posted on 19 May 20 which was the exact bottom for the Nifty.
Followup trade
Caught exact low
Caught exact high
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind
Dhiraj Singh Bais
Warrior @ Battle field
NSE:NIFTY May 2020 expiry and after expiry explained in Tamil1. Yesterday morning posted my view on NIFTY 50 on how it will behave before May expiry. All the expectations explained was fulfilled.
2. Today i have discussed about the Expiry day behavior of NIFTY 50 and what we can expect tomorrow.
Happy Trading!!!
NIFTY: No change in my expery levels
As I have mentioned in my yesterday post still my view is the same. I am not expecting Nifty Expery below 9000 and above 9500. On the first day of the expery, I have taken a short position in 9600 call (Trade Shared in my Nifty Post.) and today made a short position in 9000 put (trade shared in the yesterday Nifty post).
The interesting part in the data is there is a short-covering in 10000 call and max OI chg% in put @ 9250.
I will update my nifty trade in this post. So who will follow this post will get the notification.
Find the private link below for my today's intraday trade in NIITTECH. (Shared as a private post)
A PERFECT EXAMPLE OF "NOT TO CHASE PRICE"!!! FOLLOWUP TRADE PLANNever chase the Price
Follow up trade as published on 30 Apr 2020 and warned to be cautious
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind
Dhiraj Singh Bais
Warrior @ Battle field
Nifty closed in the Supply Zone.Which will be the next Zone ?
Nifty closed in the supply zone of 9490-9580. On the downside demand zone @ 9230-9250.
Today as I have mentioned in the telgram group that I am not expecting nifty closing below 9490. The reason is: 9490-9580 is a supply zone on a daily chart and 9490-9735 is a supply zone on a weekly chart. So 9490 is a very crucial level in a higher time frame. I am expecting a weekly candle close in 9490-9735.
If Nifty will manage to sustain above 9500 then it may face 1st resistance @ 9580. Once It will sustain above this level than on the hourly and daily chart next major supply zone @ 9990-10090 but it will face one more resistance @ 9735 range which is an upper level of supply zone on the weekly chart.
From the last few days I was in favor of taking a position in option writing instead of FUT because Nifty strength was missing and I was not able to find decent technical stop loss (not logical stop loss). But today I have seen good strength in Nifty so I may trade in FUT instead of Option writing.
NIFTY TRADE PLAN: 28 APR 20 ONWARDSDont get surprised by the market move. Presenting two possibilities which elliottwave suggest...
Caught the "EXACT BOTTOM"
followup trades
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind
Dhiraj Singh Bais
Warrior @ Battle field
NIFTY TRADE PLAN 15 APR 20 ONWARDS: NORTH ON CARDSeems like Nifty will be ruled by bulls in coming days.
Watch the levels as mentioned and let me know if any explanation required.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind
Dhiraj Singh Bais
Warrior @ Battle field
Follow up trades
NIFTY TO FORM BASE TO PUSH HIGHER VIEW FOR WEEK ENDING 30 MAR 20NIFTY Trade plan 2 Long ONLY AFTER 1015 hrs- 1315hrs
Possibly End of Wave c/(2) or (B)
Trade Plan
Support is around – 8528-8342-8212
Going Long from support would be a good idea
We can expect a Higher levels as mentioned on chart as Targets. Follow through of the said view can easily take #Nifty to 9859-10100 levels
Those who want to go long should have patience to let the price come to support and form a base for upward journey of #Nifty towards 9859-10278 in coming days.
Expected Time for Upward reversal- 1015 hrs- 1315hrs
Be Proactive Trader, rather Reactive Trader
Better Insight, Better Trade Execution
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind
Dhiraj Singh Bais
Warrior @ Battle field
FOLLOW UP TRADE
Nifty: Intraday Trade Setup for Expiry Nifty: Intraday Trade Setup for Expiry
As I have mentioned in my previous day's posts, I am buying Nifty on every breakout of its supply zone. Now I am in that position that If tomorrow Nifty will open 100 points gap dow then also I will be in a profit.
The trend is your friend and " Bhav Bhagwan Che". Received many messages who took a short trade and now they are stuck. They are bearish in the market and on every strong momentum they made a short position (In some case analysis may go wrong is a different thing but don't have a knowledge of analysis is a different thing).
As per my view in the short term trend, neither I am bullish nor bearish and in a long term time frem I am bullish but this view doesn't impact my intraday trading.
Anyways, Tomorrow If Nifty will trade in the 12050-12120 zone then I will trade in option writing. If Nifty will sustain above 12135 then I will go long in Fur for the target of 12200.
Trade Well.
Nifty : The Ultimate Game of Risks !Note : Its 9400, not 8400 same mistake again ! :)
True to the title, Expiry is the risky game which everyone wants to play. Either you make money or wipe out whatever you invested in the last session of the Game. Yes, Read it again " Complete Wipe Out of Your Options value "
Before you should step in, you should know that very well. Bcos No-one gonna repay your money back, if you dont want to risk, stand on sidelines and watch how it goes, there is No harm in watching without investing. Bcos a Penny Saved is Penny Earned.
So here it is : i) There is no way Nifty is going to close below 9300's
ii) We are going to have false breakout on one side, I strongly believe, probably its downside false break
iii) At the very end of false breakout begins the expiry Game & Nifty Options play happens
iv) If we get direction ( 20% chances only ) continue option play on directional side ( rare possibility)
v) I have explained how I will be playing Expiry Game but that doesn't mean you should do same way. So Please check your plan n risk, its your money :)
Sorry about late post, was busy travelling in the morning, Just got access to Monitors :)
Happy Trading & Happy Expiry ! Once Again Either you Make something or WipeOut...Beware of it..






















