Optionstrading
Nifty Analysis for 11th NovNSE:NIFTY
⏺ 4/1 Hourly - Up move if channel break occurs.
⏺ 15/5 min - watch closely as it will be trading in a channel (18000-18055)
✅ Support - 17960, 17850
❌ Resistance - 18090 (1,3,5)
📈 Trend? - Rangebound, but if support or resistance broken, rally to that side is very much likely.
(what this basically means is that you should avoid treading against the trend *whatever it may be* as it will not give you much points)
↕ Market movement - 250-300 pt
❗❗ Watch out for :
--> Rangebound market. If possible, take trade only after either support or resistance is broken with good volume .
--> As said yesterday, if 18090 is broken and sustained above 18100, than rally to 18300 can be seen.
--> Rangebound market will eat your premium if you are a buyer.
--> waiting for retracement is always better than diving in.
--> wait for a candle to close before deciding that it is a confirmatory candle.
NSE:SBIN NSE:SBIN
#SBIN seems formed Ascending triangle and ready to BO.
Volumes not supporting for BO as per the chart,
But candles trading near to resistance level,
Post confirmation in any level (Resistance/Triangle) may decide the momentum of the stock.
Interested to trade in this stock ?
Reach me tomorrow for the levels....
NSE:BANKBARODA whooping 4%, check for DIWALI Surprise !!NSE:BANKBARODA
Firstly I wish all my friends A very Happy & Safe DIWALI, Take at most care with your KIDS !
We have planned a DIWALI Gift to all my MO family members , Please check out or ping on my direct chat !!
#BANKBARODA whooping 4%
Bagged 22K alone.
All other scripts shared today are ready with results, check out.
Happy DIWALI once Again !!!!!!!!!!!
Nifty Analysis for 2nd NovNSE:NIFTY
⏺ 4/1 Hourly - High possibility of breaking 1st resistance and then reversing.
⏺ 15/5 min - Taken support on 17900. This should help in breaking second resistance of 17980.
✅ Support - 17900
❌ Resistance - 17980, 18090
📈 Trend? - Very hard to tell. I would wait till either 1st resistance or bottom support to break.
↕ Market movement - 250-300 pt
❗❗ Watch out for :
--> At the opening, most likely market will be in continuation of uptrend. And it will also break 17980 resistance level. But after that it's very likely that the uptrend will convert into downtrend if buyers are weak.
-->Even if you want to ride till second resistance, I would strongly suggest to wait for retracement on the 1st resistance of 17980 after it's broken.
--> Respect the yellow support. If it is broken, go short blindly. DO NOT short anywhere above it.
--> In case of gap up, wait & watch.
--> in the slight possibility of gap down, 17900 support becomes resistance, trade accordingly.
NSE:SBIN LongNSE:SBIN
#SBIN touch ATH and retraced to 520 levels. Sustaining above the level creates positive momentum.
Post Confirmation can try 520 CE.
If the level not sustain and swing change to negative use 510 level as support and can try PE !!
Happy Trading !!
Today Levels and results already shared, Almost all the scripts given good results !!
Levels perfectly captured and shared for FREE Everyday !!
NSE:DEEPAKNTR @ ResistanceNSE:DEEPAKNTR
#DEEPAKNTR reached ATH and retraced, now reaching to resistance level @ 2500 levels.
Sustaining above the level may give positive momentum.
Post confirmation, may try 2500 CE with SL of 2300.
Happy Trading !!
Check the Other levels shared and resulted today !!
#TATAPOWER - 42K
#MANAPPURAM - 17K
#DIXON - 21K
#IDFCFIRSTB - 15K
#IRCTC - 31K
#BANKBARODA - 27K
NSE:GMRINFRA LongNSE:GMRINFRA
#GMRINFRA reached ATH and retraces, now closed @ resistance level 40 levels, breakout and sustainability will give positive momentum !!
Post Confirmation, can try 40 CE
Levels shared today and resulted:
#IRCTC - 24K
#VEDL - 25K
#ONGC - 8K
#ICICIBANK - 36K
#CANBK - 12K
#AXIS - 20K
#BANKBARODA - 27K
#POLYCAB - 14K
#CIPLA-7K
#POWERGRID - 9K
#INDIGO - 22K
Happy Trading !!
NSE:DISHTV LongNSE:DISHTV
#DISHTV Reached to support @17.3 and bounced back, One can buy @ CMP and maintain the SL 16.5.
F&O One Can try 18CE, SL remains Same.
One More blasting day,
when the whole market is in RED,
We managed to close in green with huge profits..
On a Whole, today Profits more than one lac excluding Cash and MCX segment,
Check out the scripts shared and results bagged.
#SBIN - 16K
#BHARTIARTL - 26K
#BATAINDIA - 21K
#CANBK - 19K
#IDEA - 28K
#SANGAMIND - 16% (Cash not F&O)
Happy Trading.
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