Nifty 28 Oct 2021 - Analysis - Nifty went for Side ways for whole trading hours apart from last one hour.. There is no trend today in last one hour it went down.. still i feel that it is very narrow range.. So more chances of SL hit.. on both side..
- As per my yesterday Analysis it went up from 320 till highest 342.. but it reversed from there and on lower side from 18220 till 18180.. in last one hour ..
Ok Lets see tmrw Analysis --
BUY CE if nifty cross 18244 and move upward if sustain after 18250 then go for target of 18330-18340
BUY PE if nifty comes down from 18340 then first target will be around 245 and go down more another target will be 18140.
BUY CE if nifty take support from 18245 and move up then target will be around 18330-18340
BE CAREFUL tomorrow is Weekly Expiry
Option
BHEL Chart set up and viewBHEL
CMP 53.95
Observations
- stock has done a 76.4% retracement
- 200 day EMA around 53
- stock near trendline (which may act as support)
given the set up one may consider to accumulate stock from medium to long term perspective ( at cmp and on further dips )
momentum / short term players may consider buying if closing is above 57 for target of 62 / 65
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F&O strategy Suggested : Bull Put Spread strategy
One may consider
Sell 50 Put option around 1.25 and
Buy 45 Put option around 0.30
Lot size 10500
Net receivables Rs 9975/- per strategy lot (yield potential 14.5% approximately)
Loss in strategy if BHEL closes below 49.05 on 30 September
Take care & safe trading....!!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
WIPRO - PRO+GOOD FOR A QUICK OPTION
Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
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Nifty: Probable expiry range for today June 10, 2021Nifty
Likely lower end of the range 15659
Likely Upper end of the range 15768
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
#Nifty Trade Setup For Tuesday (20th April)You can see there is a huge gap between 14350 - 14600,
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Market will fill the gap but when we don't know.
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So for Tomorrow, we focus on simple Strategy.
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Till 14460, we will buy PE on sell on rise.
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If Nifty cross 14500 we can go for 14600 CE.
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You can give your suggestions in comment box.
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Learn More Earn More ✌️
Nifty: Chart set up & potential trade strategyNifty
Closing Price 14199
Observations
- we see a co-relation in the 2 trending Zone between May 20 to July 20 and current trending zone from which started in late October
- Now if the pattern is to continue we might be in for a range bound market till March 2021...
Given the chart set up one may consider the following strategy for February series
Consider to
Sell Nifty 25 Feb expiry 14700 Call Option (Closing Price 240) &
Sell Nifty 25 Feb expiry 13400 Put Option (Closing Price 169)
Max profit potential in strategy Rs 30675/- per strategy trade till 25 Feb 2021 (20% max ROI potential till 25 Feb 2020)
Risks involved in the trade
- result calendar would start soon
- Budget event in February
The strategy provides a Risk cover for a rise in Nifty index price up to 15109
or drop in price up to 12991 till 25 Feb 2021
Take care & safe trading...!!!
Disclaimer :
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Will Nifty see Year end Dhamaka rally...???Nifty
13749
2 trading sessions earlier, we had highlighted the possibility of Nifty re-testing at least previous highs
Although we did not take any fresh position in Nifty on weekly expiry day, we held on to our positions taken earlier.
Currently
- We observe Nifty moving in boxes
- Will we see a Year end rally now?
No it is not that since we are now just 250 odd points away that we are saying it...
Flashback … on August 04th, 2020, when Nifty was at 11000, this is what we had predicted… Nifty heading towards 14200 odd levels in next 6 months…
This was in the back drop of economy being at a standstill, and hence difficult for any one to even think of 12000. Many felt Nifty might head back lower sub 10000 levels and probably even towards 8000 levels.. It seemed ridiculous at that time, but here we are; 5 months down the line and Nifty very close to it. 😊😊
Click the link above and see how historical price pattern of 2006-2007 in Sensex price (very similar levels… very much similar magnitude of correction… and not much difference in time frame too) helped us envision this movement in Nifty. I am sure the co-relation would amaze you and help you realize the potential of Technical Analysis.
Coming back to our present day…
Chart and Data analysis suggest (for a detailed analysis report of FIIs and Retail participants kindly share your email address in comment below or in private message) there could be support at lower levels
On any dips in Nifty, one may consider selling Nifty 13600 Put option preferably around 60.
Max profit potential Rs 4500/- per lot.
More importantly, the strategy would have an in built loss protection for a fall in price up to 13540 till 31st December 2020.
We would update further on this idea, Monday morning in market hours.
Take care & safe trading…!!!
Wish you a Merry Christmas and a Happy New year…!!!
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Our other ideas this week...
- LIC HSG FIN
- ONGC
- BHEL
- Tata Motors
- Adani power
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Nifty: Writing was on the wall...!!!Nifty
The current drop might have surprised you but have a look at this data below and see for yourself how each participants had positioned themselves on Friday and decide for yourself if you had access to this valuable information before trade could you have done better...?
This data analysis will tell you how various participants Retail, FIIs and Proprietary traders positioned themselves on Friday and answer your questions as to What happened today?
Call Option data
- Retail participants added 2.17 lakhs Call option and added 1.85 lakh Call short position
- FIIs added 34.84 K Call Long and added 25.83 K Call Short position
- Proprietary traders added 62.4 K Call Long and added 1.03 Lakh Call Short position
Put Option data
- Retail participants added 1.18 Put Long option and added 1.44 Lakh Call short position
- FIIs added 27.63 K Put long & added 12.89 K Put short
- Proprietary traders added 35.96 K Put Long & added 24.8K Put Short position
If you see Retail participants were Call Buyers and Put sellers (which means they were super bullish)
where as FIIs and & Proprietary traders were more inclined towards buying Puts and selling Call Options (meaning they were bearish on the market)
- Who do you think so trades with more knowledge?
- who do you think so has more financial muscle?💪
We had 2 powerful sources the FIIs and Proprietary traders inclined towards Shorts and the Herd mentality of Retail Participants inclined towards Buy side...
What do you prefer?
- trade against the powerful and lose
- or trade with winners and increase your chances of winning
This data can help you avoid Hope based trading and making mistakes. It's not too late. Start trading with knowledge. To get access to our detailed F&O data analysis on a daily End of Day basis Message in private
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Nifty F&O Data analysis and trading viewNifty
13558
FIIs Net sold 8803 Contracts worth Rs 811.83 Cr
Futures Data
- Retail participants squared off 49 Long Contracts & squared off 6.48K Short contracts
- FIIs squared off 2.34K Long Contracts and added 6.54K Short Contracts
- Pro traders added 1.10K Long contracts and exited 1.35K Short contracts
Call Option
- Retail participants added 1.28 Lakh Call Long Contracts & added 1.15 lakh Call Short contracts
- FIIs added 10.5 K Call Long Contracts and added 16.45 K Short Contracts
- Pro traders added 34.46 K Call Long contracts and added 40.81 K Call Short contracts
Put Option
- Retail participants added 1.28 lakh Put Long Contracts & added 1.30 lakh Short contracts
- FIIs added 8.53 K Put Long Contracts and squared off 118 Put Short Contracts
- Pro traders added 28.14 K Put Long contracts and added 35.74 K Put Short contracts
Nifty closed the day in green yesterday, however volumes were down 31.73% compared to the day before and Open Interest reduced slightly
Bank Nifty volumes were 28.85% lower compared to the day before.
FIIs are slowly exiting Long positions and retail participants are buy calls and puts in expectations of big movements. For any underlying to move, we need strong volumes, which is missing. These are signs of distribution happening.
In our previous post also we had highlighted a range bound movement scenario for markets. And that is precisely what we are seeing. Nifty yo-yoing between 13400-13600. If blue line is taken out, we might see another move towards 13400 - 13380 level.
If you are trading in Futures and Options, trading without proper analysis, you are more risk.
If you want to get detailed report on a daily basis, message in private
Best wishes
Do Hit the Like button and Follow....
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
- We do our best to ensure that the data we release is complete, accurate and useful. However, because we do not create the data, and because the processing required to make the data useful is complex, we cannot be liable for omissions or inaccuracies
- The user expressly acknowledges that the Data may contain some nonconformities, defects, or errors.
- Neither Indiamarketoutlook nor the author shall be liable for any claim for any loss, or other damage arising from access to or use of data or information
NIFTY TRADE SETUP FOR MONDAYNIFTY extended their journey over sixth consecutive week and scaled to a fresh all-time high of 13579.
Going ahead, I believe 13600 would be the key level to watch, as only a decisive close above 13600 would lead to extension of ongoing rally towards 13900
mark as it is the 161.8% extension of the consolidation range (13200-12800), projected from breakout area of 13200, placed at 13847.
Failure to sustain above 13600 would lead to consolidation in the 13600-13200 range amid stock specific action
NIFTY TRADE SET UP FOR FRIDAYNIFTY trade setup.
1.if the market opens flat - then i will be on the positive side and look for a buying opportunity.
2. Gap Up - if the market opens Gap up i will be marked 15-minute swing low and look for buy.
3. gap down:- if the market gap down then i will mark 30 min high of the market and from there we will sell ce option.
gerally after a huge gap up or gap down market trade-in range . in that scenario just mark 30 min low and high.
on the low side sell a put option and on the high side sell a call option. if range breaks exit from respective side and carries on with one trade.
NIFTY EXPIRY DAY TRADENIFTY EXPIRY DAY TRADE
the nifty range would be 11100 - 11400. I will look for sell on rising till the market sustains below 11350. i personally do scalping both the side. like today we made money although if i could stay longer we could have made more money. but nevertheless, its good to make a small profit then losing the money.
strategy
1.i have a trend line according to which i plan my trade and keep support and resistance in mind. tomorrow is market expiry so the market will give momentum both the side.
2. if the market opens the gap down below the trendline and does not break the first 5 min candle high will continue on the sell-side till 11183 with trail stop loss. if the market breaks 11183 and reaches 11150- 11108, will sell the put option.
3. if the market opens gap up but will not cross 11350 will sell 11400 ce with 30 point sl.
4.if market keeps trading in a range ...will mark high and low of the range and sell both ce and pe option. whichever side the market will move to carry the opposite position.
tomorrow is the bank hearing so bank nifty would be volatile ..keep watch on bank nifty as well.
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.