Understanding trades of nifty future for 18.11.2021 (Thursday-Expiry).
🛑 Shorting strikes purely based on india vix volatility index - we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle - Short 18100 CE and Short 17700 PE 🛑 we can observe that market may be stays in between with the range of 18100-17700 , only When there's no Volatility . - if short both side / if we did...
🛑 NIFTY closed below 21DMA , - Trading above 50,100 DMA -NIFTY weekly pivot point 18004.5 🛑 Key levels to watch out for intraday traders :- ◽ Resistance is at 18000-18050 -with SL of 18000 - 18120 we can see as the target after breakout ◽ If gap down / flat open happens then Support level is at 17820-17800 -with the SL of 17880 - 17700 we can see as...
With a hope of some recovery buyers trapped today and Nifty Fall again, We have seen LONGUNWINDING at 18000 level which was strong support and short buildup with 66.6 Lacs Open Interest at 18000 level. Further sentiment to remain bearish next support is 17900 which is having only 35 lac Open Interest on PUT side Which may be break and then 17800 which is very...
NIFTY will open gap down. Expected opening near 17900 level. For today's session 17900 is an important support level. Higher chances NIFTY will hold this support and take reversal towards the 18040 to 18145+ level. Strong downside possible if nifty starts trading below this support level.
Nifty Trade Setup for 17 NOV 2021 Nifty looking weaker by closing below next day CPR levels in yesterday session. Expecting a flat to small gap down opening. If previous day low is compromised then the first support is around the bearish Breakout zone of 17900 and then if that is taken out we can expect 17800 to be tested. To go long today only if CPR is taken...
nifty levels for tomorrow / today 17 nov 2021.............
Understanding trends through support and resistances.
🛑 Shorting strikes purely based on india vix volatility index - we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle - Short 18200 CE and Short 17800 PE 🛑 we can observe that market may be stays in between with the range of 18200-17800, only When there's no Volatility . - if short both side / if we did...
In today's session, Nifty will open slightly gap up. After opening if its starts trading above 18140 level then expected upside rally upto 18260+ level. Any downside only possible below 18060 level. 18060-18140 will act as a consolidation zone for today's session.
NIFTY started trading in downtrend channel patter on 15 Min time frame. Follow price actions for trading tomorrow. Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing
nifty levels for tomorrow 16 nov 2021........................
Understanding trends through support and resistances.
After A GapUp to little downside momentum for the day. We have Still strong support at 18000 level . But important point to note that we have Good Number of Long unwinding at 18000 level as per Option Chain Data. So upon breaking 18059 level on downside and breaking 18000 level we can see huge fall. We will see of new position are building at 18000 PUT side or...
🛑 Shorting strikes purely based on india vix volatility index - we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle - Short 18300 CE and Short 17900 PE 🛑 we can observe that market may be stays in between with the range of 18300-17900, only When there's no Volatility . - if short both side / if we did...
🛑 NIFTY closed above 21DMA , - Trading above 50,100 DMA -NIFTY weekly pivot point 18004.5 🛑 Key levels to watch out for intraday traders :- ◽ Resistance is at 18200-18220 -with SL of 18150 - 18300 we can see as the target after breakout ◽ Support level is at 18050-18000 -with the SL of 18070 - 17900 we can see as target after breakdown 🛑 Rules to...
nifty levels 15 nov 2021...................................
NIFTY will open gap up in today's session. After opening if it's sustain above 18130 level then expected upside rally upto 18260+ in today's session. For today's session 18050 will act as an important downside support. Strong upside movement possible if nifty gives breakout of 18260 level.