Options
Reliance: Chart set up & strategyReliance
CMP 1776
Given the set up consider selling Reliance 1840 Call Option between 40-45 ( CMP 43.60)
Lot size 505
Max profit potential Rs 22018/- per lot
Yield potential of 9% till 30 July 2020
In built loss protection for a rise in price up to 1883 till 30 July 2020
Take care & safe trading...!!!
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
Nifty: Chart setup & strategy for 09 July expiry weekNifty
Closing Price 10607
- important support at 10513 - 10485
- important level on the upside 10658 - 10686
With Result season expected to kick-start from 09th July 2020, we might be confined in a range till then between blue trend line & red trend line.
Given the setup, on any dips in Nifty,
consider selling Nifty 09 July expiry 10450 Put option around (73-82 range would be considered by me as ideal sell range)
Take care & safe trading...!!!
Further updates during Market hours.... So keep watching
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
DLF: Chart set up & strategyDLF
CMP 152.85
- Resistance around 155-157
- Support around 144 / 142
Given the set up one may consider selling DLF 160 Call option around 7
Lot size 3300
Max profit potential Rs 23100/- per lot
Yield potential 13% approximately
In built loss protection for a rise in price up to 167 on 30 July
Take care & safe trading...!!!
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
Symmetrical Triangle breakout in bnf!!! Buy it here!!!Buy Bnf 21700 CE at 310! This breakout will sustain!!!
The market only broke it's opening range yesterday in the later half, so with the gap up!!! I think this will go up!!!
Trade at your own risk! This is for educational/experimental purposes only!!!
A Descending Triangle Breakout In BNF!!We also have a descending triangle breakout to the upside, which is considered a failure as most descending triangles breakout to the downside! Alongside our symmetrical triangle breakout, so it's a buy guys!
Told you to buy 21700 Ce at 310!
Trade at your own risk. For educational purposes only!!!
Bank Nifty: Chart set u p & strategy for 30 July 2020Bank Nifty
Closing Price 20359
- Bank Nifty is trading at the lower end of the range
- in line with my Nifty view which we suggested a range bound activity
- Bank Nifty would also likely reflect a possible range bound activity
- Weakness would intensify only once it closes below the Black line
- Sustaining above 22500 for 3 consecutive days would open up doors for further up movement
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Given the chart set up one may consider selling Bank Nifty 30 July 23000 Call option ( CMP 423.5) on rise especially towards the range of 500-550
Max profit potential Rs 12500/- to 13750/- per lot
Yield potential 11.26% - 12.4% approximately
Loss protection for a rise up to 23500 - 23550 till 30 July 2020.
However as suggested above, we would recommend to exit if Bank Nifty sustains above 22500 levels
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
RBL Bank: Chart view & strategyRBL Bank
Closing Price 190.65
- On daily charts the stock looks over-bought
- 158-168 may act as support levels
- resistance at 208-212 levels and above that 230
Given the chart setup one may consider buying on dips
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Alternatively, one may consider a Short strangle strategy for the stock
Consider selling RBL Bank
150 Put option ( Closing Price 6.65)
&
230 Call Option (Closing Price 9.25)
A combine Premium collection above 15 may considered
Lot size 2600
Max profit potential 2600*15 = Rs 39000 till 30 July expiry
Yield potential of 12.6% approximately on capital deployed
Loss in strategy if RBL Bank closes above 245 or below 135 on 30 July 2020
Take care & safe trading...!!!
________________________________________________________________
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
Nifty trading range for weekly expiry 18th JunMarkets opened with caution today, but gained ground through the day. in the second half though the banking stocks saw pressure and led to selling. Indices closed near the lower end of the trading range. Indicating caution.
Option data suggests a trading range of 9800 to 1000 for tomorrow. Bank Nifty seems to have a trading range of 19500 to 20500.
As usual lets see the opening of the market and global cues coming in for tomorrow morning.
For more details read the blog -
equitycompound2.blogspot.com
NIFTYHi guys, Good day.
Kindly refer to my previous chart that i've given a day before for my nifty levels.Nifty was exactly trending in the same range that has been forecasted yesterday. All the followers explained about their good profits for today.
Always be a responsible trader and please trade with accurate data in hand else we will have a tough time.
Will post more soon!
Cheers!
BANK NIFTY LEVELS FOR 11-06-2020NSE:BANKNIFTY
These are the Important levels for the Bank Nifty BUY & SELL
* The Pink Lines are for Buying Points
* The Black Lines are for Selling Points
Through This we can Find the Momentum of direction to trade in Bank Nifty Options
This Levels are only for Education Purpose....
LIC HSG FIN: Near important resistance levelsLIC HSG FIN
Cmp 260.8
Around 266-267 is an important level which may act as resistance
Given the setup, one may consider selling LIC HSG FIN 25 Jun expiry 280 Call option currently at 11
Max profit potential Rs 14300/- per lot (yield potential of 14% approximately) till 25 June.
More importantly, In built loss protection for rise in price up to 291 in equity
Take care & safe trading...!!!
Nifty: Chart view & important levels for 04 June expiryNifty
Closing price 9826
For 02-June
Important resistance 9860-9880 / 9920 / 9990 / 10058
Important support 9780-9766 / 9733 / 9705 / 9682
Range for 04 June 2020 expiry
Upper range likely capped at 10058 till 04 June 2020
On the lower side 9682-9705 may likely act as support.
Take care & safe trading...!!!
The volumes of up candles seem decent RSI is at 50 levelsA shooting start appeared close to the 50 percent fib retracement, the tail of the candle faced resistance at the MA. The volumes of up candles seem decent RSI is at 50 levels. A failure swing may form at the 50 levels, bulls should be comfortable above 1657 with good volumes follow up.
Banknifty MAY expiry betExpecting banknifty to stay within the channel.
Trade 1: Short Straddle - Medium Risk
SELL 19000CE: 64.6 * 20 = 1292
SELL 16000PE: 47.3 * 20 = 946
Total profit = 2238 Rupees
Trade 2: Iron Condor - Ultra low Risk
SELL 16000PE: 47.3
BUY 15900PE: 41.45
SELL 19000CE: 64.6
BUY 19100CE: 55.85
Total Profit = 64.6 + 47.3 - 41.45 - 55.85 = 292 Rupees
Nifty: F&O Data analysis Nifty
Closing price 9383
This is our Nifty 14-May-2020 expiry strategy view
Data analysis
FIIs net bought 1626 Contracts amounting -48.87 Cr
Futures Data
FIIS squared off 11.47 K Long contracts & also exited 13.09 K Contracts from Short positions. In doing so, their over all Open Interest in Index futures has come down to just 78K contracts (40.1K Long & 38.1K Shorts).
Retail participants booked profits in 131 contracts & added 3.3K Short contracts.
Pro / Brokers booked profits in 1096 Long contracts & added 568 Short contracts
Call Option data
Retail participants bought 92.08 K Call options & created 71.08 Short contracts
FIIs booked profits in 2054 Long Call options & created 17.8K Short contracts
Pro / Brokers bought 39.5 K Call options & created 40.65 Short contracts
Put Option data
Retail participants bought 48.1 K Put options & created 36.1K Put Short contracts
FIIs booked profits in 6786 Put Long options & created 3.58K Put Short contracts
Pro / Brokers bought 10.4 K Put options & created 17.07 Put Short contracts
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Looking at the Futures Open Interest data, I must say, just 78 K; this is the least Open Interest number of FIIs that I could remember I have seen.
Retail participants have been more active on the Call buy side & may likely be disappointed tomorrow.
Nifty staying below 9240 -9260 levels may likely increase probability of falling up to 9145 odd levels
RELIANCE FUTURES AND OPTIONS MOMENTUM TRADE IN MAY CONTRACT RELIANCE FUTURES AND OPTIONS MOMENTUM TRADE IN MAY CONTRACT
BUY@1490
STOP@1475
TARGET 1@1520
TARGET 2@1535
QTY=1500
!!CARRY FWD!!
!!please note trade with caution!!
!!manage your risk!!
!!trade-wise!!
!!please adjust for future rates!!
!!intra-day ideas series everday at between 9:30 to 10:30!!
OPTIONS TRADE IN RELIANCE
1540 CALL OPTION
BUY@49.5
STOP@39.5
TARGET@75
QTY=2500
!!CARRY FWD!!