NTPC is facing strong resistance at current levels. NTPC can retrace back to 140 levels in the near term.
Basic Technical Analysis - 1. Scrip is in a downtrend, following a parallel channel on Daily TF. 2. Recently gave a breakdown from a long term (June'20) trendline. 3. Bounced back from higher TF (weekly) demand zone after breakdown. 4. Other marked DZ (green), SZ (red) levels are respected. 5. 2nd demand zone & approaching 200 EMA might now act as resistance in...
Nifty has breached 16400 levels on 24 feb and closed below the level on daily chart. It was a critical support that has been breached. It will re-test 16800 -16840 levels on Monday for another selling for Target 16200/16000. If it breaches 16000 levels further selling would come till 15500 support level. Buy Nifty PE for 10 march weekly expiry if it does not...
So after touch the level of 15900, Nifty reverse from the level. . Now Nifty is getting support from 15800, so for tomorrow there is two condition.. . 1. If Nifty break the resistance of 15900, then we should buy CE for the level 159450. 2. If Nifty break the 15800 support them we should go for PE. . In gap up opening we should avoid trading in the morning...
Note this is not a recommendation for any trade. But just an analysis of Index F&O trade data for today. Trading in Futures & Options involves real money and is very risky. It is like a 3 way fight between retail traders, FIIs and Proprietary traders. In a war, it is important to understand your opposition's strength and weakness. In many war history, we can...
Infy Observation - After result announcement, Infy goes into consolidation mode for a 2-5 weeks - it then has rallied 17-27% till the next result announcement (calculation done on a opening or closing basis) - current rally is measured at roughly 21% so far and another 9 trading sessions to go - if Infy is to follow the blue channel, then we have be at the...
So as you seeb Banknifty touch the level of 35220 and then reverse. . In the previous day you can see there is a strong resistance on the level of 35220. . It touch multiple times, so for tomorrow there is two scenarios. . 1. If Banknifty break the level of 35220 then you should go for CE after the confirmation of 15 minute green candle. . 2.Maybe Banknifty is in...
So as you 15725 is a strong resistance level. . Nifty once it touch and then goes reverse, . So for tomorrow if Nifty break the resistance of 15725, then you should buy CE for the level of 15780. . If Nifty goes down below 15620, then you should go for PE. . No trading zone is 15630-15720. . In gap or gap down cases, wait for the correction and then buy the trade.
So as you see in the chart there is no Trade Zone between 15640-15700. . You can only buy the CE once it cross 15720, . If Nifty goes below 15620, then you should buy the PE for the level 15550 levels. . If gap up or gap down Opening happen then wait for the right time to enter. . What's your view on this comment below in the box. . Note: This is for an...
So guys, Today Nifty break the strongest support level of 15799 that's why we see the big downside. . As you see the Nifty made trend line. . So for tomorrow If Nifty break the resistance of 15770, so we will buy CE for the level of 15840. . If Nifty goes down side and break the 15680 then we see the level of 15620 and 15530. . What's your view on this comment...
Reliance The stock recently made a high of 2261 On the lower side, 2067 / 2000 are important support levels Given the set up One may consider the following Short strangle strategy for July series Sell 29 July expiry 2260 Call option around 35 Sell 29 July expiry 2000 Put option around 25 Max profit potential of Rs 15000 per strategy lot till expiry...
So, 35800 and 35500 are both crucial levels for Banknifty. . If Banknifty cross the level of 35800, then the next level is 36000, at that time you can buy CE. . If Banknifty break the support of 35500, then you can buy PE. . If the breakout doesn't happen, then the Banknifty will be in range bound between 35500-35800 . What's your view on this comment below in the box.
Nifty Till the time Nifty is above 15760-15780 on a daily closing basis it might slowly look to crawl up Trading Strategy Sell Nifty 15 July expiry 15700 Put option currently around 120 The strategy provides an inbuilt risk cover for a fall in Nifty price up to 15580 till 15 July expiry. Take care & safe trading...!!! Disclaimer - The view expressed here...
So for tomorrow there is a simple Strategy. . If Nifty cross 15680, we will buy 15700 CE for 40 points. . If Nifty goes below 15620, then you should go for PE. . If Nifty give gap down below 15620, then you should go for call option once it goes above 15620. . If Nifty give Gapup Opening then buy on dip strategy will apply. . Keep learning keep earning
If Nifty goes above14960, then you can go for CE. . If Nifty gives goes down below 14890, then you should go for PE. . In Gap up or Gap down wait for the correct moment. . Learn More Earn More
If Nifty cross above14883, you can go for CE. . If Nifty goes below 14702, then you can go for PE. . Dont buy in range bound condition. . In gap up or gap down condition wait for the breakout. . You can give your feedback in comment box.
If Banknifty goes down below 32330, then you should go for PE. . If Banknifty goes above 33300, then you should go for CE. . In Gap up opening we will wait for the Correction. . And buy on dip. . You can give your feedback in comment box. . Learn More Earn More ✌️
Today Banknifty give the gap up opening and then correct and then range bound. . So for simple Strategy that we follow. . If Banknifty cross 34300 then we buy CE. . If Banknifty goes down below 33390 then we buy PE. . In Gap up or Gap down condition, we buy on dip and sell on high. . You can give your suggestions in comment box. . Learn More Earn More ✌️