Nifty Analysis - Stance Neutral ➡️ Recap from yesterday: “In the 63mts chart, see the encircled region — the strength of the green candles stands out prominently. This has given Nifty a total makeover, till yesterday we were neutral with a moderate bearish bias. Today we are still neutral but with a bullish bias — as the resistance of 21913 is much closer than the...
As mentioned previously avoid and beware of false break outs and traps same happend today in morning unable to break 48280 to 42300 false breakout and then back to days low at 48000 Stills looks buyer have controlled from falling below 48000. looks tomorrow may have gap opening in Bank nifty. See Bank nifty also making range between support & resistance keep eye...
BankNifty Analysis Going neutral on BankNifty worked out pretty well today. But things were not looking in favor till we got the reversal at 10.03. Till then BN was following the falling price action from yesterday. I was kind of worried that we may even re-renter the ascending channel today. 4mts chart link - click here How and why we got the reversal - No...
Indexes analysis for 18th December 2023 for educational purpose This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI...
As Per Option Data Market Show Bearish . so Whats Plan For Tommrow If you Are a New Trader then I recommend not trading on Friday. Tomorrow's Market More Interesting As Per data CE Writer Today More At 44000 current Condition CE Writer Greater Then Pe Writer and Also Retail Full Bearish At Future/ce/pe DII Future Bearish FII CE Bearish What Is The Main Support...
Hello Traders, Good Morning, i hope you will be doing good in your trading and your life as well as. I have done analysis on Finance nifty as today is weekly expiry. So let's start,, We have seen some pull back in all indian indices in yesterday's session, i think this should continue, as global market also supporting. Finance nifty also done same, let's see what...
Nifty Weekly Analysis Between the last expiry & today, Nifty50 is actually down 40pts ~ 0.21%. That seems quite hard to believe especially when we had an ATH break today right? The fact is N50 broke out from the 19500 levels today & that would have created the perception that nifty had a gaining week. Also on 7th July we had a red day and almost touched the 19300...
Bull Put Spread EXIDEIND 29JUN2023 202.5PE Buy @3.2 EXIDEIND 29JUN2023 205PE Sell @4.2 Net Credit ₹ +3,600 Max. Profit +3,600 (11.32%) = net credit Max. Loss -5,400 (-16.99%) Max. RR Ratio 1:0.67 Breakevens 204.0 Margin req to trade 35000 (aprox.)
By 09.15 around 90% of traders would have guessed how NSE:BANKNIFTY is going to trade today. Thats because NSE:ICICIBANK had an excellent quarterly results to boast for. The predictability of banknifty is, one leading bank is enough to pull up the sentiment of others. Same on the downside as well. Opening was gap up at 42469, and it took a while before it...
I am making some changes in the chart layout from today's report. It will be in white background going forward. This is after the feedback I got from the kindle publishing team that images with dark layout will look awkward when made into paperback. note: I will still continue to use the dark-mode chart for my trading purpose, only for the reports I will be using...
As we discussed in previous idea , if nifty break 18000 level we may see more selling to 17900-800 levels , as it did in friday trading session. Now , you can see simple Resistance and Support area in the chart , we may expect this week in this zone , so try to buy at support level and sell at resistance level let price make a reversal pattern at the support...
GOLD SPOT USD looks like selling pressure below 1700 if 1700 break and fall down wait for retest the 1700 for good selling pressure ABOVE 1730 We Wil get Buy Signal , If the retest fail after 1730 break then selling signal pressure comes
Day to mark, when the market opens with a huge 400 point gap up, and profit booking kicks in. I have an overnight position of 16600CE and 15700PE, which is a huge premium spike that went MTM loss of 25X. It hit harder than the market moved down. When CE started to melt down, I lost 4% of my capital, but I had seen a 10% loss in my MTM, so I decided to book 4% and...
NIfty Levels....................................................
The week ends on a high. i was expected that it would be a tricky expiry, but it could end up with nearly 2%. I haven't done any aggressive position yet, selling premium spike helped me get there. The week ends on a high. I expected that it would be a tricky expiry, but it could end up with nearly 2%. I haven't taken any aggressive positions yet, but selling...
We are up to the first week of March expiry. Last month we saw such crazy movements as gap up opening and gap down opening. As an option seller, it was really a roller coaster ride, but it could end with green last month. We all learn how to trade in such crazy movements. Looking at the chart, the uncertainty is still there. Any news can drive the market. VIX in...
Look at VIX. Where is it now. indicating the crazy movement will continue. Any news can drive the market's movement. stepping into the last week of the month with caution. Monday opened with a gap down and then started a recovery, then fell again. Today it opened with a huge 300 point gap. Think about it. Carrying over night positions is risky. As a trader, we...
Looking at the chart of 200 point intraday movement now becomes calm expiry. but it's good to see nifty in a range of 17400 to 17200. Option sellers make money, but premium spikes are crazy. Price action speaks. After a trending market, there is a consolidation. That is how the market behaves. The market is still not stable. Global clues are still confusing the...