NSE:NIFTY Observations: 1) On 15min time frame, we can see it open above the resistance trendline and at the time of closing it closed just above it. Now this trendline will work as support if it trades above it. Please refer below chart : 15min Time Frame. ------------------------------------- Trade Setup for Date: 17-12-2021 1) Don't Jump in to...
NSE:NIFTY Observations: 1) On 15min time frame, we can see resistance trendline, if it sustain above it then we can see up-move. Please refer below chart : 15min Time Frame. ------------------------------------- Trade Setup for Date: 16-12-2021 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge...
Nifty opened with a gap-down below our Sell Level 17350 and we saw a sharp fall in the morning towards 17225 zones. We also saw a good recovery from lower levels and Nifty was able to trade above 17350. Trades we took Today: > Bought Nifty 17200 CE at 185 which we booked with 20 points loss > Bought Nifty 17200 CE again at 130 which made a high above 200 and...
Nifty opened with a gap-up above 17600 but couldn't sustain at higher levels and Nifty faced strong rejection from 17640 zones. Trades we took Today: > Bought Nifty 17500 CE at 195 which we booked with 25 points loss > Bought Nifty 17500 CE at 145 which we booked with 15 points loss > Bought Nifty 17500 PE at 130 which made a high above 190 and Traders booked...
NSE:NIFTY Observations: 1) On 1day time frame,it managed to sustain above 10DMA. But, it is still below 21DMA. If it gives sustainable breakout of 21DMA then we can see an upmove. 21DMA is placed at 17416.77 and 10DMA is palced at 17304.52. Please refer below chart : 1day Time Frame. 2) On 15min time frame, we can see that it has made double bottom...
Nifty opened flat and selling in morning at open, Nifty took support near 17400 and we saw good recovery in second half towards 17530. Trades we took Today: > Bought Nifty 16th Dec 17700 PE at 265 which made a high around 320 and Traders booked great profit in this Trade > Bought Nifty 16th Dec 17400 CE at 145 which made a high above 200 and Traders booked great...
NSE:NIFTY Observations: 1) On 1day time frame,it today it close below 21DMA. 21DMA is placed at 17453.81 Immdiate support is at 17355 level. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for Date: 14-12-2021 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min...
NSE:NIFTY Observations: 1) On 1hr time frame, we can see that it has formed double bottom pattern. Please refer below chart : 1hr Time Frame. ------------------------------------- Trade Setup for Date: 13-12-2021 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything...
Nifty opened with Gap-up above 17500 and we saw selling in the morning, Nifty took support near our Sell Level 17390 and again went towards day high. Trades we took Today: > Bought Nifty 16th Dec 17300 CE at 230 which made a high around 280 and Traders booked great profit in this Trade > Bought Nifty 16th Dec 17700 PE at 260 which we booked with 15 points loss >...
Nifty opened with Gap-up above 17300 and we saw slow and upside movement throughout the day. Trades we took Today: > Bought Nifty 17300 CE at 120 which we made a high above 170 and Traders booked great profit in this Trade > Bought Nifty 17300 CE again at 150 which we booked with 30 points loss > Bought Nifty 17400 PE at 85 which we booked with 15 points loss >...
NSE:NIFTY Most of all the levels remains same as per previous trade setup. Trade Setup for Date: 10-12-2021 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance,...
Nifty opened with Gap-up above 17000 level and after re-testing our Buy Level 17000 which was also a psychological resistance we saw a good Trending Day on the upside. Trades we took Today: > Bought Nifty 17150 PE at 160 which we made a high above 200 and Traders booked good profit in this Trade > Bought Nifty 17100 CE at 160 which we made a high above 210 and...
NSE:NIFTY Observations: 1) On 1day time frame,Today, it trade above 10DMA. But still trading below 21DMA. 10DMA is support now and 21DMA will be immdiate resistance now. 10DMA is placed at 17192.38. Hence we can say that 17190-17200 is major support now. 21DMA is placed at 17527.08 level. Hence we can say that 17520-17530 is resistance. Please refer...
Nifty opened flat and we saw selling at open, after choppy movement Nifty gave a breakdown and closed near day low. Trades we took Today: > Bought Nifty 17300 PE at 190 which we made a high around 400 but we booked early due to choppy movement > Bought Nifty 17150 CE at 160 which we booked with 20 points loss > Bought Nifty 16th Dec 17100 PE at 205 which we...
NSE:NIFTY Observations: 1) On 1day time frame, today it faced resistance from 100DMA. sustainable breakout of 100DMA will make it bullish. 100DMA is placed at 17195.97 level. So, we can say that 17195-17200 is immediate resistance. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for Date: 08-12-2021...
Nifty opened with a minor Gap-up and made high around 17500 in the morning but couldn't sustain at the upper level and we saw selling towards 17200 zones. Trades we took Today: > Bought Nifty 17350 CE at 210 which we booked around the cost > Bought Nifty 17400 PE at 150 which we booked with 15 points loss Overall, not a Good day for Nifty Option Buyers. If...
Nifty opened flat and we broke our Buying Level in the first 15 mins, where BN was sideways today we saw a trending day in Nifty and closed near day high 17400. Trades we took Today: > Bought Nifty 17350 PE at 160 which we booked with 15 points loss > Bought Nifty 17400 PE at 130 which we booked with 5 points loss > Bought Nifty 17200 PE 9th Dec at 135 which we...
Nifty opened with a gap-up around 17100 and we saw good upside momentum in the morning, Nifty re-tested our Buying Level and got a good up-move from the 17070 zones. Trades we took Today: > Bought Nifty 17050 CE at 160 which we booked with around cost due to slow momentum > Bought Nifty 17100 CE 9th Dec at 225 which made a high above 260 and Traders booked great...