Banknifty is running in range bound. . Be Cautious to do the trade on Tomorrow. . Tomorrow time decay will factor in Premium. . Resistance and support levels are mentioned on chart. . Trade According to this. . You can give your suggestions in comment box
Description: The counter NZDJPY is in the parallel channel from 08th March. The price is moving between the price range of 78.06 and 77.14. The flat-top resistance and the support baseline have been tested twice. Identifying the trend of the counter is very difficult when it is in the parallel channel. Swing trading is more preferable for this counter. Stop loss...
BANKNIFTY | Small Cup & Handle inside the channel - Looks good 1000+ points - Expecting the gap to be sealed CMP : 35339 SL : 34950 Target : 36500 1:3+ risk reward setup P.S : Vix is high, market is in consolidation mode so prefer to use spread. Ex : Buy 35500 CE Sell 36500 CE (This would take care of the Time decay, Volatility crash of the option we buy so...
Last week in the market, we were looking a possible breakout or breakdown situation on both Nifty and Bank Nifty. It turns out, it was a breakout towards 15,400 and 37,700. Now it looks there is a possibility of a false breakout as well. If the market fails at one at one end of the range, it generally tests the other extreme side. Here, we also have a head and...
Reliance can be a good positional buy in range 1860-1780 also script is seeing range bound moves since days a good buy here at low of range for swing based trade disclaimer - personal view (can be wrong)
Reliance 1937 - We see the stock in consolidation mode since November 2020 - 2015-2045 is crucial zone for Reliance on the upper side - support near Blue line support zone (Currently near 1860) and 1800 odd levels Given the set up one may consider the following strategy Consider selling Reliance February 25, 2021 expiry 1750 Put Option (around 35) & Sell...
Tata steel is currently in a range, wait for it to break out on either side with volumes.
Hdfc in Range bound Market.. Expected to test the level @ 1440
NIFTY | Weekly expiry discussion | Short straddle / Iron Fly Quick fall and sharp recovery immediately, expecting some consolidation in this zone like it happened previously. Can create a dynamic range bound statergy for tomorrow's expiry - limited risk. If market moves violantly we can do adjustment trade by going market direction and come out with no loss or...
Wipro is trading on a range between 453 on the upper side to 441 on the lower side. The chart used is 4 hours. I would look to trade on breakout on either of the bands. The number of candles in the rangebound area has crossed 25 numbers as of 20th November.
PLEASE CLICK THE IDEA TO SEE REASON FOR BUY SIDE SUGGESTION IN SCRIPT disclaimer - buy @ own risk.
TATASTEEL is currently moving in a range, indicated by the trend lines. It is taking good support on the lower trend line. The stock can be traded within the range(Buy at the bottom and sell at the top, short at the top, exit at the bottom). It could give a potential breakout on the upper-side, with the first target around 562 and second more aggressive target...
EICHERMOT | Small range bound trade opportunity for 12% CMP : 2035 SL : 1980 Target : 2270 1:4+ risk reward setup
SIEMENS - Up trend range bound. Potential movement marked in the chart.
As Titan is following the range bound channel, It may Go for a short down move which one can grab. NSE:TITAN
Hello Traders Adani ent chart structure looking strong Testing upper levels again & again for breakout DISCLAIMER { Educational Purpose } All investments involve risk. Please Do your analysis before initiating any trade GOOD LUCK !
This chart shows the AMBUJACEM - POWERFULL RANGE CONSOLIDATION between 219 - 255 You can look for buying opportunities above 219 . Target can be set to 225 . Stop Loss can be below 218 . Beware : Please keep in mind and stay away from False Movements Also this is not any recommendation. Trade at your own risk.
ITC is trading in a value area. Strategy 1 (Risk Averse but High Margin needed) :Sell Aug 200 CE & Aug 190PE as NMRL - Enjoy the benefits of Theta - Buy back when ranged target gets reached. Strategy 2 (Riskier) : Buy 195 CE and 195 PE - Sell when range hits on either side.