Nifty Future Levels for 14 June 2022Nifty on 14 June 2022
Opened Gap down, went to my zone of 15696-15673 took a strong support from there, couldnt break my zone.
Went directly near the 15900-15948 zone and reversed just before touching it.
Came bac again to the same zone of 15696-15673 but still couldnt break it and ended in consolidation.
Hope my zones were helpful today.
Tomorrow on 15 June 2022
Nifty now in a channel since 2 days. Today closed above the mid channel. Now just watch the break out of the channel for tomorrow,
it may give a gap at opening to cross the channel, then just trade the zones in that case.
Niftystrategy
Nifty Future Levels for 14th June 2022Hi, Today on 13th June 2022, after a massive gap down of 300 points, Nifty respected our zone, it stuck in the zone of 15923-15885 tried to go up but the sellers didnt allow.
Then it went down and and again stopped at my zone of 15772-15740 consolidated for 3 long hours.
Then tried to break the Demand Zone but came back and closed just above my demand zone at 15790.
Best of Luck for tomorrow, do trade at confirmation candles around the zones only for better R:R
Nifty Future Levels for 10 June 2022Hi did you see how Nifty respected my zones today
It got stuck in the zone between 16346-16372 for 3 and half hours clinging to my uptrending channel which was crossin the zone.
Then it got trending from 2.15 pm and stopped and closed exactly at my zone of 16485
Power of #TECHNICALANALYSIS.
Best of Luck for Tomorrow.
NIFTY CHART ANALYSIS FOR OPTIONS TRADINGNIFTY is currently in a tight spot between 11250 and 11000 .
The increasing number of corona cases seems to have already been factored in and hence not causing any weakness to the index.
The huge rally from 10750 to 11200 in almost a weeks time has dried out now and nifty is now in a consolidation phase. From here onwards we can expect nifty to either touch 11500 in the coming week if the quarterly results of nifty heavyweights such as reliance and HDFC are good, otherwise nifty can also retest its support at 10880 if no good news lifts up nifty .
At the present moment we can sell nifty 11600 CE and 10800 PE for august first week expiry or the present expiry though premiums are vey low now to be on the safe side. Given a choice it is better to stick to 11600 or 11500 CE sell as this week and the coming week a lot of quarterly results are in line and the markets can be very volatile. Also Dow jones and NASDAQ has been seen correcting for the past two days.
For more interesting content head onto my youtube channel bania trader which I've created specially for those people who don't have time for intraday trading and would rather do swing trading.
Nifty strategy Hi all ,
Interesting breakout on Nifty , Lets play a strategy.
No naked put /call buy /sell.
Buy 10750 FEB call @ 244 1 lot,
Sell JAN 10750 @ 125 1 lot
(capital required 1 lakh,if you don't have,don't trade,no leveraging)
Safe players can take Feb 10700 call and sell Jan 10700 call
If Nifty keeps on moving up No profit / no loss, But if Nifty comes down to 10750 at expiry than we will get 125 jan premium and Feb premium will come down by 70-80 points , so net profit of 40-50 points.
Premium calculation is approx lot of other factors involved so its not exact.
So no risk , just keep the position till expiry.
Consult your financial adviser before trade , options is highly risk