Nifty: Ready to Travel in the new Zone
According to the Intraday chart there is a supply zone @ 9050-9110 and demand zone @ 8650-8700. According to the weekly chart, there is a demand zone @ 8800-8950. On Monday Nifty took to support it’s weekly demand zone and closed above 9000. In short, there are multiple demand zones below 9000 on intraday and as well as a weekly chart.
According to the options data Max OI in call @ 9500 and Max OI in put @ 8000. Also, Max changed % in call OI @ 10000.
According to the data and supply and demand zone Nifty is ready to travel in the new zone of 9000 to 9500 (Short range) and 9000-10000 (Long range).
tgram a t swapniltradingroom
Niftyintraday
NIFTY FOR INTRADAY IN HIGHER TIME FRAME NIFTY IS IN BEARISH BT IF YOU WANT TO TAKE THE GOOD ENTRY IN NIFTY OR FOR INTRADAY
SITUATION 01: IF YELLOW LINE BREAK ABOVE SIDE ITS LOOKING TO TOUCH THE LEVEL OF 900
YOU CAN BUY NIFTY 8689
WITH PROTECIVE STOP AT 8422
TARGET 8831-9046-9200
(IF NIFTY TOUCH 9000 YOU CAN SHORT )
SITUATION 02 : IF NIFTY BREAK LEVEL OF 8422 (YELLOW LINE )
YOU CAN SELL NIFTY 8422
WITH PROTECIVE STOP LOSS 8689
TARGET 8200-8053-7831-7582-7333-7071
LESS RISK IN BOTH TRADE
Nifty: Intraday Trade Plan Hello,
Nifty closed below all its major demand zones. Now the next demand zone is 11810-11840 and the major supply zone is11880 and 11920-11940.
Nifty is oversold in a smaller time frame. In any case, if Nifty will come to 11880 and 11920-11940 but not able to sustain above this zone then this will be the fresh selling opportunity.
In Any case, NF will sustain below 11810 then 100 points downside will open.
My STBT Trade: Sold 12000 call @ 35
Trade Well
Nifty: Weekly and Intraday Analysis Nifty is making lower highs and lower low in higher time frame Nifty closed @ 12080 and there are multiple supply and demand zones in 12980-12200.
I am Bearish in Nifty but I will trade in Nifty once it will start respecting any supply and demand zone between 12980-12200 or sustaining below 11980 or 12200.
NIFTY: Intraday Trade plan for Option Selling Hello,
Finally today Nifty closed below its major demand zone @ 12085-12120. Now, 12085-12120 is a major supply zone and 11975-12000 is a major demand zone. As I mentioned in yesterday's post today, I made a short position in 12100 calls and carried this position. Future selling may not be a good juicy trade so I will make my position in option writing in the 11975-12100 range.
Nifty: Intraday Trade Plan Hello,
As I have mentioned in my Nifty Weekly Analysis post that my view is bearish in Nifty. I will change my view once Nifty will sustain above 12265-12300 this week. Find the link below.
Intraday Demand Zone: 11975-12000
Intraday Supply Zone: 12085-12120
On Monday:-
If it will sustain below 12080 then I will start short OTM call options. and Once it will sustain below 12050 then I will short future for the target of the next demand zone.
If it will sustain above 12120 then I will avoid the trade.
Trade well
Nifty: Intraday Trade PlanYesterday I was bearish but today it opened the gap up and closed near the demand zone.
Demand Zone: 12085-12115
Supply Zone: 12160-12170
Resistance: 12300
Tomorrow if it will sustain above 12170 then I may go long. I will be more confident once it will sustain above 12200, in this case, I may add more qty in the long side.
If it will sustain below 12085 then I may go short.
No trade zone: 12085-12175
Thank X
Nifty: Enjoyed Short Side Trade ?Hello,
As I have mentioned in my yesterday's Nifty Post for Intraday Trade. I have mentioned my bearish view on Nifty.
Now Nifty Supply zone @ 12085-12115 and Next Demand Zone @ 12025-12035 and 12950-12975. My view is still bearish but tomorrow expecting a wide sideways move.
Trade well