Options
Trade after budget I am bullish in this budget, positional tgts are really till 18000 but intraday 100-150 move is enough to earn good money, still it should give a close above 17610-15 after that it can give a straight upside move, volatile market may be there but do not trade it there is a huge gapup, then the people who have bought calls can book profits.. trade safely
Hello again here with a new idea on oil ltd.Yesterday oil india limited gave a channel breakout with a huge voloume . One more thing is that in previous three candles it is making a pattern of morning star . So I will be bullish on this stock if it gave a confirmation on monday else i will be entering in it on wednesday. This is my own research do yours as well and its my opinion and should not be taken as tip. Thanks follow for more.
Tringle pattern breakout in GRASIM . when to enter .As you can clearly see grasim gave a tringle pattern break out in daily chart . Now what further moves can be . According to me when these types of breakout comes market take a regression in upcoming candles . So on monday I will be waiting till 11:00 AM and than if market will be bearish I will not enter . But if market will be bullish i will take a swing position .
also check macd and rsi are strong .
And yu can see my targets on chart .
This is mine own analisys do yours as well its my opinion and should not be taken as tip.
NIFTY Monthly option Strategy JAN 27 Expiry*** See the effectiveness of weekly levels of last week DEC 27-31 *** See chart ********
Action Strike price 27 JAN Expiry
Sell 18000 CE 66.3
Buy 18200 CE 29.8
Sell 16800 PE 96.85
Buy 16600 PE 67.85
Reasoning : NIFTY to stay between 18000 to 16600
Max profit is Rs 3120 ie 7.8% for Rs 40000 Investment . Increase lot size based on your risk appetite.
Exit if NIFTY goes above 18030 or below 16600 by keeping an alert from broker
You can execute this on Jan 3 and the premium may vary a bit hence profit as well. This is monthly income strategy and low risk strategy(not a zero loss strategy).
I am not a SEBI registered advisor and trade based on your own investment adviser
past history :
DEC Month : 6.825 %
November month : 4.53%
Going to end this month, Crazy expiry.Look at the chart and see where we are now and how we started this month. This month started with a positive note and kept moving up and up. It is a clear up trend. It took a nifty 14 days to reach 18350. Just five days to keep the nifty dragged down. We have multiple global news sources to follow the down move. But think about the option sellers who hold long positions, vix shoot up to 20+ all eyes on US fed meeting. let's see how it is going to end this month. It is very important that where nifty is going to open on Thursday, we have important levels to watch above 17350,17500,17550 below 17200 major level 17000,16800.
I have 17650 CE and 16550PE as well. I will keep book my profit already in 16100 PE and 18050CE, with 17950CE near 0.5%. My plan for Thursday is for the nifty to move up. I will keep 17650CE till the nifty crosses 17550-17500. Keep my PUT up. If it goes down, I will bring my CE down and adjust PE as needed. if there is a gap up or gap down opening above 17550 my limit, and below 16800 I will make adjustments accordingly. If things go well, I hope to exit with a profit.
Bank Nifty 17-01-2022According to the chart analysis, Bank Nifty is quite bearish. As you can see in the chart there is a head and shoulder pattern, although it is not an ideal one, it can show its significance once it breaks the respective trend line. If Bank Nifty opens in a Bullish way then you can expect a decent volatile session as the India Vix is only 1.5% up. This market is the exactly the type of market where the sellers can eat the premium and take advantage of the decay by selling an out-of-the-money option.
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*Disclaimer*- This is just an analysis of the data on the basis of technical factors such as chart patterns, candlestick patterns, trend line , option chain data, etc,. Stock Market or Trading in any type of market is subject to high financial risk. You should see this idea as just an analysis. You are not obliged to follow my instructions. You will be responsible for all types gains or loses in the market.
NIfty 50 17-01-2022The Nifty seems to be somewhat bullish in the near time in the hourly basis time frame, The given ranges are mentioned in the analysis. The market will give a breakout once it breaks the nearest support or resistance mentioned in the analysis on either side.
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*Disclaimer*- This is just an analysis of the data on the basis of technical factors such as chart patterns, candlestick patterns, trend line, option chain data, etc. Stock Market or Trading in any type of market is subject to high financial risk. You should see this idea as just an analysis. You are not obliged to follow my instructions. You will be responsible for all types of gains or losses in the market.
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Day Open with a gap up. calm expiry.!It was expected that the Nifty would end this week with crazy movement because of the global clues and the market data, But a gap up, opening and consolidating. It actually respects the 200 to 250 range well. But what's more interesting is that tomorrow we might see some moves. Look at the D candle doji, or hanging man. The important level to watch out for next week is the upper side of 18350, which is B.K. We can expect Nifty to test its all-time high again, down side 18130.
As for my option selling, I started selling 18350CE and 18050PE. Nifty went in to consolidation i adjust my position to 18300CE and 18100PE easy week ending with profit. Let's see where the next expiry is.
Above 18000! Will it sustain or not?We are up to the 2nd week of expiry and the nifty is above 18000. On Monday, Nifty opened with a gap up and gave a good up move and closed just above 18,000. Today it sustained the 18000 consolidation between 100 points. It's encouraging to see that more bull runs or breaks below 18,000 are on the way. Because we know there is a lot of data on the way, we can expect a move accordingly. I do think overnight aggressive positioning is a good idea. We have an important line to watch above 18200. Well, below 17900, I kept a close look at the lines and today 18020 was respected. Let's see where it opens tomorrow.
When it comes to my weekly option selling, I have 17600 PE and 18350 PE. I entered an intraday short straddle on Monday now that it is bright and sunny. I already have my overall P & L in nearly 1% red this month, so I'm not confident about carrying it till Thursday. I hope to exit at 0.5%+Tomorrow, planning to take a fresh entry on Thursday to end up flat this week. I am excited to see where Nifty opens on Thursday.
crazy gap down, simple expiry.What an expiry today, with interest rate fear taking nifty down. Look at the chart. There was a huge gap between the opening and the consolidation. Looking at the nifty 5 minute chart, there is a strong upward trend, supporting 50 EMA. Every time the Nifty is at the 50EMA, good buying activity. At one point, it indicated that it was about to cross the 18000 mark. But as we saw, the channel was created with respect to Nifty, and yesterday it was above the line at 18,000. Price action is at an important level, and profit booking may begin from there. I was expecting that. In the coming days as well, I will closely watch the 18000 level. If it tests again, rejects, or consolidates below the level, it might break out from there again. But with a positive global clue, it's hard to bark at the 18000 level. Keep an eye on FII DII activity. If FII starts buying and DII is still buying, but if DII starts booking their profit, the power of the nifty might slow down. Let's keep an eye on all these activities.
When it comes to my weekly option selling this week, I am in the green. But I haven't booked the loss for the 13th expiry (17300 PE). If I book the losses, my net profit and loss will be close to 2%. This 50EMA buying activity helped me to get out of huge losses this week. And I had 17650 PE and my 13th expiry (17300 PE) yesterday. I booked other positions with Profit. Because I was expecting a retest, I took this safe position. The day began with a gap down, which allowed me to exit with a good profit. On the PE side, there is a premium spike, and there is a massive spike on the 17550, 17600, and 17650.
My plan for the 13th expiry (17300 PE) is to sell anything above it with a good premium to minimize the losses. I will keep adjusting on my call side as well. I hope I can manage a 2% loss while trying to keep the net P & L green.
Pullback ExpectedA divergence in the volume shows chances of a pullback to continue the upwards movement! 17500 was a strong psychological resistance acc. to option chain which was broken today by good movement and there has been a heavy call OI build up qt 18000, suggesting some Call Writing in heavy quantity which indicates a psychological resistance at that level according to the option chain. Do not underestimate the pullbacks in a trend! Go for CE and hold the positions until expiry or until it reaches 18000.