NIFTY TRADE SETUP FOR EXPIRY DAYor example, if nifty break 11305 ...and sustain buy 11300 CE.
as options data suggest we have very less possibility to break 11170. and nifty might open above the Range.
if nifty not break the range in 30-45 min then we have range bound market and will have momentum in the second session only.
MY possible setup.
1 flat opening
sell 11350 ce and 11150 pe
2. Gap up opening .
will wait nifty to observe profit booking and buy 11300 ce and sell 11400 ce.
3 . gap down
if gap down below the range then i will short with full quantity .
Options
NIFTY TRADE SETUP FOR TUESDAYsome people ask me how do we know that it's going to break the support or resisitance .
frankly told you no one in this world knows. we all do work on probability.
technicals give you a view of the mass psychology.
best way is whenever the market approach your resistance or support sell the nearest call and put .and hedge the position to buy call or put .
in this way your profit will be less but you will never lose the money.
now tomorrow there is a chance market will be trading in a range .
options call and put writing is on 11400 - 11200 .
try to make different set up for the different market.
you should have minimum two setups.
1 for a trending market
2. for range-bound market
you can discuss with me any time.
please Like and share.
Thanks
NIFTY TRADE SETUP FOR TUESDAYNIFTY TRADE SETUP
Nifty has given us very easy money today. this kind of setup we get once in month .
Tommrow if market opens above 11260 and sustain we can go long with for target 11300 , 11340 , 11380.
if Market opens gap down below 11777 ... we will be on shorter side.
if market open flat then we can see a range bound market.
if market is range bound then i will sell option .mark swing high and low .on high sell call and on low sell put.
As i told earlier Market has 3 possibility only
1. going up.
2. going down
3.Range bound
Be ready for all three possibility .
NIFTY TRADE SETUP FOR MONDAYNIFTY TRADE SETUP FOR MONDAY
Although nifty recovery around 250 points from the low in a single trading day but the market is still bearish.
if market opens above 11080 and sustain then we can initiate long for day trading. But in that scenario, I prefer to sell the put options with 11040 stop loss. .
the market can be range-bound between 11110- 11180.
once the market cross 11180 then we can see 11230, 11250.
on the other hand, if the market opens negative and sustains below 11020 we will initiate short.
for the target 10960,10902.
This is not a trade call. all views are for educational and discussion purpose only.
NIFTY TRADE SETUP FOR FRIDAYTomorrow I will follow the same strategy. Mark 30 min high and low. on high sell CE and on low Sell PE. on range break exit the respective position and carry the other position.
the market has only three possibility
1. going up
2. going down
3. range-bound
As an option Trader, we have to position ourselves for all three possibilities. we might not make extraordinary money but one thing is sure we will not lose the money.
Keep trading and keep making money.
NIFTY TRADE SETUP FOR FRIDAYTomorrow I will follow the same strategy. Mark 30 min high and low. on high sell CE and on low Sell PE. on range break exit the respective position and carry the other position.
the market has only three possibility
1. going up
2. going down
3. range-bound
As an option Trader, we have to position ourselves for all three possibilities. we might not make extraordinary money but one thing is sure we will not lose the money.
Keep trading and keep making money.
NIFTY EXPIRY DAY TRADE SETUPNIFTY TRADE SETUP
The market recovers 100 points in the last hour. if the market opens gap up then 11120- 11090 will work as support.
tomorrow is expiry so we can expect a volatile market. on the dip, I sell the put option with 20-30 point stop loss.
on the upper side will sell calls will not carry naked position and will try to close call before 2:30.
if the market crosses and sustains below 11020. then I will sell in the money call.
BANKNIFTY Short Strangle Wed1) Wed Market is a PED(Premium eating day) - Bidirectional so short strangle works better
2) you can sell top 3 leg CE & bottom 3 legs PE
3) Green lines are safe zones
4) Usually market is range-bound from 11 - 12/1PM Major moves happend before 10 and after 1PM/ 2PM
5) so better to square off before 12PM / 1PM of conservative traders
6) SL/Exit whenever it touches a safe zone or loss goes > 3000
NIFTY TRADE SETUP FOR WEDNESDAYNifty Trae set up
After 2 days directional movement we can see a range-bound market before expiry.
I will rather sell the option tomorrow than buy it.
level I have marked.
simple I will mark 30 min range .om high side will sell call and the lower side will sell PE. keep both positions intact until range break.
Keep an eye on Bank nifty. if it trades below the 21000 marks then it will drag nifty also.
DLF: Chart set up & strategy for September seriesDLF
CMP 161
- 168-172 is potentially strong resistance zone
Given the set up consider selling DLF 170 Call Option 24 September 2020 expiry
in the price range of 7.5-10
CMP 7.65
The strategy covers a risk of rise up to 177.5-180 levels till 24 September
Discliamer:
- The view expressed here is my personal view
- 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
- F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Take care & safe trading...!!!
NIFTY 50 PREDICTION OF 17-09-2020TOMORROW, THERE IS MORE CHANCES TO OPEN MARKET IN HIGH GAP UP LIKE ABOVE 11651.
IF MARKET OPEN ABOVE 11650, CHECK MARKET TREND AND READY FOR SHORT SELLING AT MUCH HIGHEST POINT LIKE 11680 IN HALF SESSION.
TOMORROW, THERE IS CHANCES MARKET CLOSE IN LITTLE GREEN CANDLE.
1. MARKET CAN STABLE FOR TOMORROW.
2. RANGE 11650-11700 IF OPEN 11580-11600
3.RANGE 11650-11550 IF OPEN 11650-11675
KEY POINT FOR 17-09-2020
STRONG SUPPORT - 11525-11550 AND 11450-11500
STRONG RESISTANCE- 11700 AND 11750.
MARKET SENTIMENTS IN STRONG BUYING, SPECIALLY IN PHARMA AND BANKING SECTORS.
BUY TATA POWER IN AT 55-56 RE. FOR TARGET PRICE 80 RS. (30 DAYS)
BUY SBI IN 195-198 FOR 220-250 (15-30 DAYS)
BUY ITI IN 125-130 FOR 180 ( 60 DAYS)
NIFTY 50 PREDICTION OF 16-09-2020T ODAY GREEN CANDLE FORM AFTER PREVIOUS RED CANDLES,
IT SHOWS BULLISH STRENGTH OF THE MARKET.
AT 14-09-2020 PROFIT BOOKING WAS THERE, SO ONLY BUYING WOULD FORM IN THE MARKET.
MARKET SENTIMENT DATA:
Moving Averages - - 100% Strong Buy
Momentum Oscillators - 83% Strong Buy
Trend Oscillators - 67% Buy
Volatility - - 100% Strong Buy
ALL INDICATOR DATA:
Name Value Action
RSI(14) 55.287 Buy
STOCH(9,6) 63.209 Buy
STOCHRSI(14) 70.377 Buy
Williams %R -18.270
CCI(14) 38.9796 Neutral
ROC 3.721 Buy
Ultimate Oscillator 58.761 Buy
KEY POINTS FOR TOMORROW
1. MARKET SHOULD OPEN ABOVE 11565.
2. STRONG RESISTANCE IS 11550.
3. AFTER GAP UP SHORT SELLING WILL FORM NEAR 11585.
4. AVOID TRADE ABOVE 11600 AS BUY CALL.
5. ABOVE 11585 CHANCE OF SHORT SELLING, BUT IN LIMITED ZONE. (11525-11565)
IF MARKET OPEN IN GAP DOWN (BELOW 11500), THEN BUY IMMEDIATELY.
BUT OPEN BELOW 11460, THEN SHORT SELL.
ALSO AWARE INTERNATIONA AND NATIONAL NEWS SENTIMENTS.
NIFTY TRADE SETUP FOR MONDAYTrade setup
I have drawn two trend lines .market sustain above the trend line then will look for a buying opportunity.
if sustain below the trend line will look for short.
if the market opens the gap down .in that case we will see the price action .mark 15 min high and from thr we will sell.
if the market opens the gap up then we will look for buy only.in that case, mark opening price .market cross the opening price and sustain we will buy only.
rest will update my live trade set up during the market hour.
this is not a trade call.
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.