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28 april nifty trading zone#Nifty50 #option trading 99% working trading plan 👉Gap up open 24118 above & 15m hold after positive trade target 24230, 👉Gap up open 24118 below 15 m not break upside after nigetive trade target 23870, 23713, 23512 👉Gap down open 24112 above 15m hold after positive trade target 24118 , 24230 👉Gap down open 24112 below 15 m not break upside after nigetive trade target 23870, 23713, 23512 💫big gapdown open 23713 above 1st positive trade view 💫big Gapup opening 24230 below 1st nigetive trade view 📌 Trade plan for education purpose I'm not responsible your trade More education follow social media and boost my idea 📌 koi bhi trade leval se 20 point ke sl ke bhina karan nahi hi 📌 koi trade app activate tabhi karana hota hi level pe 2 candle uper ya niche closing aati hai to 📌 leval par Ane pe turant trade plan na kare ... 📌 Full risk apaki hi hi meri nah
NSE:NIFTYShort
by mayuraj_820
5
25 April Nifty Trade zone#Nifty50 #option trading 99% working trading plan 👉Gap up open 24282 above & 15m hold after positive trade target 24362, 24520 👉Gap up open 24282 below 15 m not break upside after nigetive trade target 24188 , 24070 👉Gap down open 24188 above 15m hold after positive trade target 24282 , 24362 👉Gap down open 24188 below 15 m not break upside after nigetive trade target 24072, 24948 💫big gapdown open 24072 above hold 1st positive trade view 💫big Gapup opening 24362 below nigetive trade view Trade plan for education purpose I'm not responsible your trade More education follow & support me 📌 koi bhi trade leval se 20 point ke sl ke bhina karan nahi hi 📌 koi trade app activate tabhi karana hota hi level pe 2 candle uper ya niche closing aati hai to 📌 leval par Ane pe turant trade plan na kare ... 📌 Full risk apaki hi hi meri nah
NSE:NIFTYLong
by mayuraj_820
2
Straddle Selling in Sideways Market – Full Risk-Reward Strategy!Hello Traders! Sideways market eating your premiums? Don’t worry — this is where option sellers shine the brightest. One of the most reliable setups in a consolidating market is the Short Straddle Strategy . Today, I’ll break down exactly how to deploy a straddle in a range-bound market , along with proper risk-reward planning, adjustments, and exit rules . What is a Short Straddle? You sell both a Call (CE) and a Put (PE) at the same strike price (ATM) . Ideal for low volatility , range-bound days where you expect limited movement in either direction. The maximum profit is earned when the index or stock stays near the strike price till expiry or exit. When to Use This Strategy CPR Narrow + Inside Previous Day Range → Indicates consolidation VIX Falling or Low (Below 13–14): → Lower volatility supports premium decay No Major Events or News Expected: → Avoid directional shocks OI Buildup at ATM Strike: → Signals strong range expectation Risk-Reward Setup & Management Entry Time: Ideal between 9:45–10:15 AM after range is confirmed. Stop Loss: Set a combined premium SL of 25–30% or exit on sharp one-sided breakout. Adjustments: If breakout starts, shift legs (convert into strangle) or buy hedge OTM options. Exit Time: Usually 1:1.5 RR is achievable by 12:30–2:30 PM on calm days. Rahul’s Tip “Straddle selling is not about predicting direction — it’s about predicting no direction.” Respect the structure. If price stays inside the trap, you win by default. Conclusion The Short Straddle Setup is perfect for range-bound conditions, especially in Bank Nifty or Nifty. With clear entry, SL, and adjustment rules , you can earn steady returns from time decay — but only if you stay disciplined. Do you use straddles? What’s your favorite expiry day setup? Drop it in the comments below!
NSE:NIFTYEducation
by TraderRahulPal
23 April nifty50 trade zone #Nifty50 #option trading 99% working trading plan 👉Gap up open 24170 above & 15m hold after positive trade target 24220, 👉Gap up open 24170 below 15 m not break upside after nigetive trade target 24112, 24030, 23970 👉Gap down open 24112 above 15m hold after positive trade target 24170, 24220 👉Gap down open 24112 below 15 m not break upside after nigetive trade target 24030, 24970 💫big gapdown open 24036 above 1st positive trade view 💫big Gapup opening 24220 below 1st nigetive trade view 📌 Trade plan for education purpose I'm not responsible your trade More education follow & support me 📌 koi bhi trade leval se 20 point ke sl ke bhina karan nahi hi 📌 koi trade app activate tabhi karana hota hi level pe 2 candle uper ya niche closing aati hai to 📌 leval par Ane pe turant trade plan na kare ... 📌 Full risk apaki hi hi meri nah
NSE:NIFTYShort
by mayuraj_820
4
22 April nifty trading zone#Nifty50 #option trading 99% working trading plan 👉Gap up open 24238 above & 15m hold after positive trade target 24508, 👉Gap up open 24008 below 15 m not break upside after nigetive trade target 24008, 23853 👉Gap down open 24008 above 15m hold after positive trade target 24238 , 24508 👉Gap down open 24008 below 15 m not break upside after nigetive trade target 23853, 23653 💫big gapdown open 23853 above hold 1st positive trade view 💫big Gapup opening 24508 below nigetive trade view 📌 Trade plan for education purpose I'm not responsible your trade More education follow & support me
NSE:NIFTY
by mayuraj_820
4
Bank Nifty 1st 15 Minutes Setup–The Secret Timing of Big PlayersHello Traders! Ever wondered why big moves in Bank Nifty often start right after 9:30 AM? That’s because the first 15 minutes set the stage for the day. Smart money watches how price reacts during this period and then makes their move. Today, let’s decode the First 15-Minute Setup for Bank Nifty — a strategy I personally use to ride momentum and avoid traps. Why the First 15-Min Candle is So Powerful Price Discovery Zone: It’s where volatility is highest and range gets defined. Volume Spike Clue: Big players enter here — high volume = potential direction clue. It Defines Day Bias: A breakout of this candle often tells if the day is going to trend or chop. How to Trade the First 15-Min Setup in Bank Nifty Step 1 – Mark the High & Low of the First 15-Min Candle → This becomes your decision zone. Step 2 – Wait for Breakout with Confirmation → Only enter when a 5-min candle breaks the range and closes above or below with strong volume. Step 3 – Entry & Stop Loss → Entry: After breakout with volume confirmation → Stop Loss: Other side of the 15-min candle → Target: 1:2 RR or previous day’s high/low Step 4 – Bonus Confirmation: Check Option Chain — OI shift or unwinding adds more strength to the breakout. When This Setup Works Best On Expiry Days: Quick premium moves make this strategy powerful. During News-Free Sessions: Clean moves with fewer fakeouts. On Trending Days: Works great with gap-up/gap-down open followed by consolidation. Rahul’s Tip “Don’t rush into the market at 9:15. Let the big boys act first — then ride their wave.” Patience in the first 15 minutes gives you clarity for the entire day. Conclusion The First 15-Min Candle Setup in Bank Nifty is a simple yet powerful intraday strategy. When combined with volume, price action, and OI shift , it helps you catch clean breakouts and avoid choppy fakeouts. Have you used this setup before? Or do you wait even longer? Share your approach in the comments below!
NSE:BANKNIFTYEducation
by TraderRahulPal
6
Survive & Succeed as an Option Buyer – Use This 2-Step Filter!Option Buyer’s Survival Setup – Only Trade When These 2 Conditions Match! Hello Traders! Option buying can be highly rewarding — but only if done with timing and logic. Most option buyers lose money not because of direction, but because they enter trades when volatility and structure don’t support the move . Today, let’s uncover a simple but powerful setup I use that helps option buyers survive and thrive by trading only when two key conditions align. The 2 Conditions for Option Buyers’ Survival 1. Price Action Confirmation: Always enter trades when the price breaks key levels with a strong candle and volume confirmation . → Look for breakout/rejection candles, bullish/bearish engulfing, or range breakout retest setups . 2. IV/VIX Support for Momentum: Check India VIX or option premiums. → Trade only when VIX is supportive (e.g., rising or above 13–14) to allow enough premium expansion. → Avoid buying in low VIX chop zones unless supported by strong news or breakout. Why This Setup Works So Well Avoids Time Decay Traps: You enter only when a move is expected — not during sideways chop. Improves RR Ratio: Strong confirmation = better entry + reduced SL hits. Filters Out Noise: Stops you from overtrading every price move and focuses only on high-conviction trades. Bonus Tips for Buyers Prefer ATM Options in Momentum Trades for better delta and faster movement. Exit Partial at 30–40% Move and trail remaining to maximize runners. Don’t Trade Every Move — Wait for these 2 rules to align, or skip. Rahul’s Tip Being an option buyer is tough – unless you're selective. Don’t buy hope. Buy confirmation. Let structure and volatility guide your trade. Conclusion Option buying is a game of survival and sharp entries. If you follow these 2 key rules — structure + volatility confirmation — you’ll avoid unnecessary SL hits and capture the real moves. Discipline is your edge. What’s your personal filter before buying options? Share below and let’s learn together!
NSE:NIFTYEducation
by TraderRahulPal
1
The Psychology Behind Holding Option Trades to the Targets!Hello Traders! Entering a trade is easy, but holding it with conviction till the target hits — that’s where 90% of traders fail. Most of the time, we exit early out of fear, impatience, or seeing quick profits vanish. Today, let’s understand the psychology behind holding option trades and how to set yourself up for patience and discipline . Why We Exit Too Early? Fear of Losing Unrealized Profits: The moment your trade shows green, the mind screams “book now!” even when the setup is still valid. Overtrading Mentality: You want to book fast and re-enter again, leading to emotional and scattered trades. Lack of a Clear Plan: If you don’t have a defined target, SL, and reason to hold , you’ll exit at the first sign of volatility. How to Develop the Patience to Hold Trades Visualize Your Trade Before Entering: Ask yourself — “What will I do if price pulls back after entry?” Plan your SL, target, and trailing logic beforehand. Use Alert Zones, Not Constant Monitoring: Watching every tick increases anxiety. Instead, set alerts at key levels and focus on the logic, not emotions. Risk What You’re Comfortable With: If your position size is too big, you’ll panic during small reversals. Right sizing = calm holding. Follow Structure Over Emotion: Hold as long as price is above VWAP/Trendline/Support (for longs). Only exit if structure breaks. Rahul’s Tip “The market rewards patience more than perfection.” If your analysis was right, trust it. Let the trade breathe. Stop treating every green candle as your exit point. Conclusion The biggest wins in options trading come when you hold with discipline . Build a setup where your entry has logic, your exit has structure, and your mind stays calm in between. That’s how you train yourself for consistency — not by chasing, but by mastering patience . How long do you usually hold your option trades? Let’s talk about it in the comments below!
NSE:NIFTYEducation
by TraderRahulPal
what is option chain pcr ?The Put-Call Ratio (PCR) is a popular technical indicator used by investors to assess market sentiment. It is calculated by dividing the volume or open interest of put options by call options over a specific time period. A higher PCR suggests bearish sentiment, while a lower PCR indicates bullish sentiment. bearish The Put-Call Ratio (PCR) is a useful indicator to understand the market sentiment at any given time. A high PCR suggests a bearish market, while a low PCR signals bullish tendencies. It helps investors assess whether the market is leaning towards optimism or pessimism, which can shape investment strategies. A good PCR ratio depends on the market context, but generally, a PCR below 0.7 indicates bullish sentiment (potential market rise), while a PCR above 1.2 suggests bearish sentiment (potential market decline)
NSE:BANKNIFTYEducation
by Optionclub
Use of RSI in tradingThe Relative Strength Index (RSI) is a technical indicator that helps traders assess the momentum of an asset's price. It's used to identify overbought and oversold market conditions, and to provide buy and sell signals How to use RSI Identify overbought and oversold conditions RSI values above 70 indicate overbought conditions, while values below 30 indicate oversold conditions. Confirm trends Use the RSI to validate trends and trend reversals. For example, a downward trend is confirmed when the RSI crosses from above 50 to below 50. Provide buy and sell signals Use the RSI to determine when to enter and exit positions. For example, low RSI levels indicate oversold conditions, which may generate a potential buy signal. Combine with other indicators Use the RSI with other technical indicators to identify market trends and confirm signals. For example, you can combine RSI with moving averages to identify strong assets in uptrends
NSE:BANKNIFTYEducation
by Optionclub
Niftybank moments for option trading 19/nov/2024Niftybank moments for option trading 19/nov/2024 follow us for more updates information. WELCOME TO ARROWINDEX We're dedicated to providing you the best of Finance stock market , with a focus on dependability and Investment. We're working to turn our passion for Finance stock market into a booming online.We analyze Live Market and try to Provide learning information Content. All the Live Market views and charts .We hope you enjoy our Finance stock market as much as we enjoy offering them to you.Support and offering Effective online education modules for all segments of traders Customized portfolio tracker Online research & trading guidance Entry and Exit support for:- Intraday trading,Swing trading,Scalping,Position trading Future & Delivery trading Technical analysis Fundamentals analysis Fii & Dii data and reports
NSE:BANKNIFTY
by ARROWINDEX
Nifty Intraday Levels | 12-JULY-2024#Optionbuyers #Niftyoptionscalping 1️⃣ Zones you always Like:- 👉Green zone- Institutional support 👉Red zone - Institutional resistance 👉Gap between institutional zones is always of 100 points 👉Zone is created with the help of pivot points and Fibonacci 👉Advance version of price action 👉Trades based on Nifty future chart 2️⃣ Trade Execution:- 👉Trade based on order flow data 👉Timeframe - 1 min and 5 min 👉Risk Reward Ratio always 1:2 👉Strike price always ATM & slightly ITM 👉Maintain Position sizing according to your own method 3️⃣ House Rules in trading:- 👉Sharp at 9:15 AM 👉Priority to risk management 👉Fast execution (morning breakfast) 👉Stop-loss 10 points (strictly) #ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌 🙏FOLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view !
NSE:NIFTY1!
by ReviveTraders
Nifty Futures Intraday Levels | 21 -JUNE-2024#Optionbuyers #Niftyoptionscalping 1️⃣ Zones you always Like:- 👉Green zone- Institutional support 👉Red zone - Institutional resistance 👉Gap between institutional zones is always of 100 points 👉Zone is created with the help of pivot points and Fibonacci 👉Advance version of price action 👉Trades based on Nifty future chart 2️⃣ Trade Execution:- 👉Trade based on order flow data 👉Timeframe - 1 min and 5 min 👉Risk Reward Ratio always 1:2 👉Strike price always ATM & slightly ITM 👉Maintain Position sizing according to your own method 3️⃣ House Rules in trading:- 👉Sharp at 9:15 AM 👉Priority to risk management 👉Fast execution (morning breakfast) 👉Stop-loss 10 points (strictly) #ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌 🙏FOLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view !
NSE:NIFTY1!
by ReviveTraders
Nifty Futures Intraday levels | 20- JUNE- 2024#Optionbuyers #Niftyoptionscalping 1️⃣ Zones you always Like:- 👉Green zone- Institutional support 👉Red zone - Institutional resistance 👉Gap between institutional zones is always of 100 points 👉Zone is created with the help of pivot points and Fibonacci 👉Advance version of price action 👉Trades based on Nifty future chart 2️⃣ Trade Execution:- 👉Trade based on order flow data 👉Timeframe - 1 min and 5 min 👉Risk Reward Ratio always 1:2 👉Strike price always ATM & slightly ITM 👉Maintain Position sizing according to your own method 3️⃣ House Rules in trading:- 👉Sharp at 9:15 AM 👉Priority to risk management 👉Fast execution (morning breakfast) 👉Stop-loss 10 points (strictly) #ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌 🙏FOLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view !
NSE:NIFTY1!
by ReviveTraders
Nifty Futures Intraday levels | 19-JUNE-2024 #Optionbuyers #Niftyoptionscalping 1️⃣ Zones you always Like:- 👉Green zone- Institutional support 👉Red zone - Institutional resistance 👉Gap between institutional zones is always of 100 points 👉Zone is created with the help of pivot points and Fibonacci 👉Advance version of price action 👉Trades based on Nifty future chart 2️⃣ Trade Execution:- 👉Trade based on order flow data 👉Timeframe - 1 min and 5 min 👉Risk Reward Ratio always 1:2 👉Strike price always ATM & slightly ITM 👉Maintain Position sizing according to your own method 3️⃣ House Rules in trading:- 👉Sharp at 9:15 AM 👉Priority to risk management 👉Fast execution (morning breakfast) 👉Stop-loss 10 points (strictly) #ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌 🙏FOLLOW for more ! 👍LIKE if useful ! ✍️COMMENT Below your view !
NSE:NIFTY1!
by ReviveTraders
Banknifty Intraday Prediction Levels for 21 March 2024The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price. These are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone or break down and close below the Support zone. These levels act as support and resistance. You have to trade according to level breakout or breakdown. To buy or sell you can follow Buy/Sell Indication given by indicator or you can follow cloud also. If you are a new trader then just watch (No Trade) these levels for some days. Happy trading. Disclaimer: I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult with your Financial Advisor before taking any decision or trade.
NSE:BANKNIFTY
by suraranjanganguli
Options: Buying vs. Selling - A Comprehensive GuideExploring the realm of options trading unveils two key players: Buyers and Sellers. Each wields unique strategies with its mix of risks and rewards. Let's break it down in simple terms. # Option Buyers: Riding on Possibilities Chances of Making Money (PoP): Buyers aim for good market moves, counting on accurate predictions within a specific time. Risk: For buyers, risks are limited. Losses only go as far as the premium paid. Time Pressure: Buyers fight against time. Being right means aligning predictions with a set timeframe. Volatility Impact: Buyers gain when things get more uncertain, making their options potentially more valuable. Market Moves Matter: Buyers thrive when the market goes up or down; they bet on a specific direction. Skill Needed: While simpler than selling, buyers need a good sense of market trends. # Option Sellers: Crafting Strategies with Care Chances of Making Money (PoP): Sellers prefer stable or slightly tricky markets, benefitting from time passing by. Risk Check: Sellers face unlimited risks if the market moves too much against them. Time on Their Side: Sellers like time passing; it works in their favor. Volatility Impact: Less drama is better for sellers; it makes their options lose less value. Direction Doesn’t Matter Much: Sellers can make money in quieter markets; they have more room to move. Skill Level: Selling needs more skill, involving clever strategies and calculations. # What Decides Success: A Mix of Factors Winning in the options game is about reading the market, knowing your risk appetite, and being smart with strategies. - Chances of Making Money: Buyers look for clear market trends, while sellers like it stable. - Risk Game: Buyers have limits on losses; sellers need to watch out for big market moves. - Time’s Effect: Buyers fight against time; sellers make time work for them. - Cost and Volatility: Buyers pay more, and gain from more drama. Sellers earn from premiums and like calm markets. Succeeding in options trading is about thinking smart, adapting to what the market gives, and keeping your skills sharp. Grateful for Your Support! 🌟 To our amazing 150+ followers, your enthusiasm fuels our journey! 🚀 Thank you for being part of our community, and decoding financial mysteries together. Here's to more insights and learning ahead.
BSE:SENSEXEducation
by iamrk7
Options Decoded: Intrinsic Value, Moneyness RevealedCracking the Code: Understanding Intrinsic Value and Moneyness in Options Trading Welcome to the journey of unraveling the mysteries of options trading. Today, we'll demystify two crucial concepts: Intrinsic Value and Moneyness. Let's dive in. # Moneyness in a Nutshell In options trading, Moneyness is the magic word that describes the relationship between the option's strike price and the current price of the underlying asset. It's like deciphering the secret code to assess an option's potential profitability. At-the-Money (ATM) Options: An option is ATM when its strike price closely aligns with the current market price of the asset. No profits or losses just yet. Example: If a stock is at ₹1,000, an ATM call and put option would both have a strike price of ₹1,000. In-the-Money (ITM) Options: ITM options have a strike price favorable for profits if exercised immediately. They come with a higher premium. Example: With the stock at ₹1,000, a call option with a ₹950 strike is ITM, and a put option with a ₹1,050 strike is also ITM. Out-of-the-Money (OTM) Options: OTM options have a strike price unfavorable for immediate profits. They have a lower premium. Example: If the stock is at ₹1,000, a call option with a ₹1,050 strike is OTM, and a put option with a ₹950 strike is OTM. Moneyness is a dynamic concept. An option that's ATM now can become ITM or OTM as the underlying asset's price moves. # Demystifying Intrinsic Value Now, let's spotlight Intrinsic Value, the hidden treasure within an option. Intrinsic Value is the real, tangible value an option holds. For Call Options: - Intrinsic Value = Spot Price - Call Option Strike Price Scenario 1: If Bank Nifty is at ₹40,000 and the call option strike is ₹39,000, - Intrinsic Value = ₹1,000 (Profitable) Scenario 2: Call option strike at ₹40,500, - Intrinsic Value = ₹0 (Non-Negative) Scenario 3: Call option strike at ₹41,500, - Intrinsic Value = ₹0 (Non-Negative) For Put Options: - Intrinsic Value = Put Option Strike Price - Spot Price Scenario 4: Put option strike at ₹41,000, - Intrinsic Value = ₹1,000 (Profitable) Scenario 5: Put option strike at ₹39,500, - Intrinsic Value = ₹500 (Profitable) Scenario 6: Put option strike at ₹38,000, - Intrinsic Value = ₹0 (Non-Negative) Remember, Intrinsic Value can't go negative. It represents the concrete worth of the option based on the current market conditions. Mastering these concepts is like wielding a powerful sword in the options trading arena. Stay tuned for more insights into the fascinating world of financial possibilities! Also Thank You for the Love! 🌟 Dear followers, your enthusiasm and support have propelled us to 100 followers! 🎉 Your engagement and love for our content keep us motivated.
BSE:SENSEXEducation
by iamrk7
3
Understanding Options Trading Terminology: An In-Depth GuideUnderstanding Options Trading Terminology: An In-Depth Guide Embarking on the journey of options trading requires a solid grasp of key terms. Let's delve into the intricacies of these terms to equip you for successful trading. # Call Options (CE) and Put Options (PE) **Call Options (CE):** - When you buy a Call option (going Long), you're betting on the stock's upward movement. - Selling a Call option (going Short) means you're betting on the stock's downward movement. **Put Options (PE):** - Selling a Put option (going Short) is a bet on the stock's upward movement. - Buying a Put option (going Long) means you're betting on the stock's downward movement. # Expiration Date The expiration date is when the option owner must exercise their right to buy or sell the underlying asset. After this date, the option becomes worthless. Indian markets usually see monthly expiries on the last Thursday, though weekly or daily expiries exist. # Options Premium The options premium is the price paid by the buyer to the seller for the right to buy or sell the underlying asset. Influenced by market price, strike price, time until expiration, and asset volatility, it represents the cost of the option contract. *Example:* Buying a call option on Reliance Industries with a strike price of 2,200 INR and a premium of 50 INR means paying 50 INR per share for the right to buy Reliance Industries shares at 2,200 INR before expiration. # Lot Size Lot size refers to the number of contracts traded in a single order. For NIFTY 50 index options in India, the lot size is typically 50 contracts. Understanding lot size is crucial, impacting trading costs and potential profitability. # Strike Price The strike price is where the option buyer can buy or sell the underlying asset. In India, NIFTY index options often have strike prices set at regular intervals, like every 50 points. *Example:* If the NIFTY index is at 21,000, strike prices may include 20,950, 21,000, and 21,050. Buying a call option with a strike of 21,050 bets on the index rising above that level. # Spot Price The spot price is the current market price of the underlying asset. It's essential in determining the intrinsic value of an option, which is the difference between the spot price and the strike price. # Breakeven Points Breakeven points are critical for traders. Let's illustrate: - Selling a BN 6th Dec. 47400 CE (call option) with an expiry on 6th December. - If BN closes at 47400 on expiry, the contract is valued at 0. - If BN closes below 47400, it's valued at 0. - If BN closes at 47401, it's priced at 1, and so on. Understanding breakeven points is key to managing trades effectively. Armed with this terminology, you're better prepared to navigate the dynamic landscape of options trading. Stay tuned for more insights into mastering this exciting financial realm!"
BSE:SENSEXEducation
by iamrk7
3
Bank Nifty Support Resistance Levels 18Oct 1. ** Previous Market Levels: ** You mentioned that there was an exact rejection from resistance levels, and the market found support at 44371. This suggests that 44371 is an important level to watch. 2. ** Support Levels for Tomorrow (18/10/23):** - 44371 - 44200 - 44120 3. **Resistance Levels for Tomorrow (in the upside):** - 44371 (which was the previous resistance) - 44532 - 44713 4. **Trading Plan:** You suggested a buying plan based on whether the market opens gap down or flat: - If the market opens flat and above 44532, consider planning a buying strategy. - If the market opens below 44532, consider other levels.
NSE:BANKNIFTYLong
by santubittu
Bank Nifty Technical analysis for Tomorrow Your technical analysis for Bank Nifty on 05/10/23 i. Here is a summary: **Market View:** Bearish **Support Levels:** 43770 **Resistance Levels:** 43995/44200/44400 **Analysis:** * Bank Nifty is currently in a bearish trend. * If the market breaks below 43770, further downside is possible, down to 43500. * On the upside, resistance is seen at 43995/44200/44400. **Conclusion:** Traders should be cautious about buying options in Bank Nifty, as the market is in a bearish trend. If the market breaks below 43770, traders should look to sell short. **Additional Notes:** * It is important to note that technical analysis is not a perfect predictor of future market movements. Traders should always use risk management techniques when trading. * It is also important to consider other factors, such as fundamental and macroeconomic data, when making trading decisions. **Disclaimer:** This is not financial advice. Please do your own research before making any trading decisions.
NSE:BANKNIFTYShort
by santubittu