Optionstrading
BANKNIFTY MAY TREND ANALYSISAfter trading within the Head and Shoulder pattern, the Bank Nifty finally gave a good breakout above our resistance line and traded 1200+ points up with very minimum resistance today.
The technical analysis shows a clear bull run from here till 37000 with internal corrections and Targets/Resistance given in the chart. Once the BANKNIFTY crosses the target, the respective target becomes immediate support to the same.
On the Bearish side if BANKNIFTY starts trading below 32350 then we can again see a Bearish move which I am highly not in the belief of.
The MACD is still showing a buying momentum and with reducing cases of COVID in India the markets seems to be ready for a Bull-run again.
You can always do back testings on Day/Week/5min charts as per your experience and track the Bank results to have a stronger view before taking any trade.
This is just my personal study and analysis. Do not trade on the basis of just my study. Do your own research as well.
Reference to my previous idea is in link below.
BANKNIFTY ON 15 mins chart Banknifty is getting weaker every time it tries to touch 200 ma. Before closing of the day, BNF tried to break MA but couldn’t sustain. Based on price action we can analyze that there’s a breakout of a trendline but it’s fake because we have 200 ma just above the current price. Also we have a good Fibonacci 38.2% level that can act as a reversal. So looking at ever data available we think BANKNIFTY maybe end in RANGE MARKET between 33500- 34500. Tomorrow by opening if BANKNIFTY opens above 200 MA look for long positions but if BNF sustains below 200 ma , one should look for hedging or short position.
IRON FLY STRATEGY FOR NIFTY 10 MAR EXPIRYIron Fly is a non directional strategy that works very well in a sideways market. I was of the view that the market would be sideways for the reasons mentioned in the video. This worked very well for the weekly expiry and it is used very often in confusing markets such as this.
This was one of my first attempts at vocally explaining strategies so I may not have been as clear in the details.
Let me know if you have any questions about this strategy in the comments. Please LIKE if you would want to see more content like this. :)
NIFTY TRADE SETUP FOR MONDAY
I had share with you live trade setup on Friday
after 200 point gap down opening.
Please have a look to that chart and you will understand ,
how we adjust our trade and view.
Monady i will continue with Sell on rise strategy till nifty trade below 14700-14750.
Level mention on Chart.
If you have any question regarding setup or Nifty
,Please message me .
Once again Thanks for your Love and support .
Nifty Expiry Trendline Analysis_280121A hugely volatile day observed following global cues. Flag patter in observed on 1 minute chart with a downside breakdown however, it is near a support zone. Wish to see the support would be held and continue with sideways movement.
Breakout visible at the end of the screen capture!
BANKNIFTY LEVELS* POWER PACK BREAKOUT REQUIRED @ 32613 *
Do your own research before using these levels.
These levels are useful for F&0 tradings.
Keep Learning and Start Earning.
The market will be volatile till Feb 1
* Be Careful while Trading Keep Strict StopLoss *
* MOSTLY FOR BEGINNERS *
Do your own research before using these levels.
These levels are useful for F&0 tradings.
Keep Learning and Start Earning.
The market will be volatile till Feb 1
*Be Careful while Trading Keep Strict StopLoss*
*MOSTLY FOR BEGINNERS
Nifty Options Expiry Trade_210121Price action suggested a weakness in the index, hence continued to add more option selling at 14800 CE and bringing the hedge down from 14900 CE to 14850CE, thus reducing the risk in the trade and improving the risk-reward.
Gap up opening was a bit of a scare initially for the Call sold position, however there was no decisive upmove which was a saviour.
Nifty Call Option Shorting Idea_21012021Yesterday, we entered into a trade for tomorrow's expiry. We also discussed about the presence of strong resistance around 14650 to 14660 levels for Nifty50, that is where we have observed some correction or reversal. Our trade for Sell 14800CE is intact, while we have shifted the short position of 14150PE to 14250PE which is a safe bet.
Megaphone Top in Bajaj Finance Daily.The chart pic above clearly shows a megaphone top formation on Bajaj Finance Daily Charts.
The arrows marked explains the probable trend. One needs to trade as per the price action upon Breakout above the trendline within the pattern or breakdown below the pattern support.
LIC HSG FIN: Chart set up & trading strategyLIC HSG FIN
CMP 403.20
- The stock is running in to a series of potential line of resistance around 404 / 418 / 424 / 439
Given the chart set up
One may consider selling LIC HSG FIN 440 Call Option for Jan 28 expiry
Lot size 2000
CMP 7.1
Max profit potential Rs 14200/- per lot. Yield potential of 8.5% on Margin Capital
Risk cover for a rise in price up to 447.10 till expiry
Take care & safe trading...!!!
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Disclaimer :
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- 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
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be






















