Last week, we saw a huge sell-off, that resulted in the formation of a shooting star. Such a pattern has major implications if it is seen at top of the trend. It depicts sentiment reversal. Last, to last week we saw a dark cloud formation, now the following candle is a shooting star. It clearly shows the overall sentiment. Same thing you would observe if you see,...
Before every analysis I always look after the option chain data for Banknifty. I went to sensibull and just shocked 😱😱. Option chain data is showing almost 1544 lakhs contracts were sold in 35000-35500 call options. So a big pressure and that's the reason market can't go up or gives closing above 35500 mark. Again a bear market 😐😐🙄🙄. Intraday level is given in...
Kal Nifty 18250 ko cross karkega to 18100 tak ja sakta hai. Yadi Cross nai kiya to Fir se 18500+. What is your view comments please 🎯
As We Can See Nifty Is Giving new ATH on Weekly Basis ..... Now it formed bullish Classic Patterns ... So Wait for Breakout and sustain above 17440 ... RESISTANCE AT 17435-17445 SUPORRT AT 17300-17250 Wait And Watch On Index....
The Nifty gave a tremendous Gap up opening as I analyzed in the previous post. Now today Nifty 50 is looking bearish as you can see a formation of a Channel and also the PCR is 1 which is Neutral or Bearish. As shown in the picture, there is a major resistance on 16225-16250. But if Nifty opens with a gap down opening be carefully as it can also be a fake move to...
Nifty 50 is not looking good as per option chain data there is heavy writing on 15900 on call side but put side is considerably weak. So keep your puts ready as most probably the nifty 50 can go down after this consolidation.. . . . . . . . . . . . . . . . . . *Disclaimer*- This is just an analysis of the data on the basis of technical factors such as chart...
Bank Nifty can be a little bearish which may have an impact on Nifty also but same as nifty it will consolidate between the specified regions. There will be no more particular breakouts. So you can have a short strangle or you can sell a call or buy a put near the specified resistance zone. Or you can buy a call and sell a put near the support zone. Overall as I...
In this chart 15 min you can clearly see a Bullish Harami also as an closing candlestick pattern, on 1 day chart my indicators are telling me that we can expect a bullish opening tomorrow i.e. reversal and the trend can change as its been two to three bearish days and today we are seeing a slight hope of reversal. Just one thing that we have to see is that how...
It is a chart of Bank Nifty on the 15min timeframe. As you can clearly see that Bank Nifty is making an ascending triangle chart pattern which is a bullish pattern as well as Bank Nifty weekly chart is showing a clear bullish harami. So if you buy weekly options than the trend is definitely positive. But Bank Nifty is quite bearish on the basis of intraday. PS-...
Upcoming nifty option expiry strong support according to option chain & Price action theory.
refer chart for levels tomorrow Wednesday mostly PED(Premium eating day) Market may be bidirectional 11000-50 support 11250 resistance formed symmetric triangle so one should be cautious breakout will give good momentum in any of the direction