NIFTY TRADE SETUP FOR Wednesday
trand is intact till nifty sustain above 13000 and above the our trand line ...on upar side we can try to sell nifty around 13200. till look for buy on dip
Options
Rising wedge formation in Nifty 50 big fall Expected 25/11/2020Resistance levels and Support levels mentioned in the chart
correction expected
look for more info in comments section
follow for more updates. Write your analysis in the comments section for more info
BHEL long scalp opportunityRSI indicating a bullish divergence with a trend resversal pattern breakout
Buying opportunity on pullback at 28.80 - 29-30
Targets - 32.75 | 34.60
Stop Loss is a must since markets are currently overbought and greed is high
One can also consider selling OTM put option and hold till expiry
HDFC option strategy for November expiryHDFC November expiry should be below 2210 as per Bearish divergence in daily charts
Sell HDFC 2200CE @ 41
Buy HDFC 2300CE @ 18
Net credit - 23 x 300 = 6900
Breakeven at 2223 levels
Sl spot price close above 2250.
Exit when position is at 80% profit.
NIFTY TRADE SETUP FOR TUESDAYNifty level mention on chart .
i will look for short once nifty close below the trade line in 5 min candle.
this is not ideal market to trade but as an intraday trader we have to creat ideal market ,
I am trading with half quantity only and don't wait for big profit or big loss .
Happy trading
NIFTY TRADE SETUP FOR MONDAYLEVEL MENTION ON CHART.
chart is only for discussion purposes not a trade recommendation .
Happy trading.
Live trade setupyou can go long following the trend line ...and short if the line break and sustain.
I am waiting for short .... lets see
LIVE MARKET TRADE SETUPRange bound market ... Mark swing high and low ... sell 11950 CE on high And 11800 Pe on swing low .
let the range break and carry the opposite position.
or else wait for levels to come .
happy trading
NIFTY TRADE SETUP FOR FRIDAYthe level is given in the chart.
The market is very volatile these days. so as I said yesterday.
wait for the market to settle down, identify the trend.
works on the level.
Wish you all Happy trading.
#Nifty intradayNifty has a intraday resistance near 11920, can go for short near 11920 . Expected downside level for today is 11800. Can consider option buying 11900pe near the resistance zone.
NIFTY TRADE SETUP FOR EXPIRYlevel mention in chart .
Tomorrow trade with caution as the market has a wide range from 11780-12020.
Scalping is the best way.
Let the market settle, identify the trend, and then trade on levels.
wish you all Happy trading.
NIFTY TRADE SETUP FOR WEDNESDAYYesterday I told you will look to buy above 11820.
The market made low 11833 but could not catch @ the bottom. sold 11800 PE around 11850.
And book the profit around 11920.
Tomorrow I will again look to sell PE till the
market sustain above 11905 and
will sell CE if the market sustains below 11880.
ITC LONG TRADE SETUPAfter down journey stock showing positive divergence on rsi so plan your trade and look chart for all levels.
CUMMINSIND KEEP IN YOUR WATCHLISTAfter long down trend now price making higher high and higher low formation on weekly chart and looks like price get breakout soon from it's resistance zone. Trade plan given in chart so check it out.
GOGREJCP LONG TRADE SETUPStock showing some bullish momentum after down trend. expecting some higher level in this stock soon, all levels written in chart so please check it out.
