NIFTY Pattern (POLE and Flag Pattern) 24900/243501. If Nifty successfully crosses the 24680/690 level then the coming targets will be 24855 and 24980 as per Pole and Flag pattern
2. But if it fails (POLE and Flag pattern Failed) and the Nifty breaks below 24590/570, then the coming targets will be 24370 and 24280.
Advice:
1. If you are doing future then take the option as hedge.
2. If you are doing Option selling, take option buying as hedge.
3. Naked option buyers please take both CALL and PUT for safer side.(So, your total will be more then buying price)
Imp. Note: This analysis is provided for informational purposes only and does not constitute a direct recommendation to buy or sell stocks. Investors should conduct their own research and consult with financial advisors before making any investment decisions, as market conditions and individual circumstances may vary.
Market Risk: However, it's important to acknowledge the inherent risks associated with investing in the stock market, including but not limited to volatility, economic downturns, regulatory changes, and unforeseen events that can impact stock prices. It's crucial for investors to remain vigilant and diversify their portfolios to mitigate potential losses
Scalping
PNB, Intraday View for 7-JuneThe price is rejected by the LTMA band.
The probability of a red candle is high, more than 60% on the probability scale.
The level of 120.75 is important to consider for tomorrow's intraday trade.
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Nifty Institutional levels | Intraday 6-JUNE-2024 | 9:15 IST#Optionbuyers
#Niftyoptionscalping
1) Zones you always Like:-
Green zone- institutional support
Red zone - institutional resistance
Gap between institutional zones is always of 100 points
Zone making is helped by pivot points and Fibonacci
Advance version of price action
2) Trade Execution:-
Trade based on order flow data
Timeframe - 1 min
Risk Reward Ratio always 1:2
Strike price always ATM & slightly ITM
Position sizing
3) House Rules in trading:-
Sharp at 9;15 AM
Priority to risk management
Fast execution (morning breakfast)
Stop-loss 10 points (strictly)
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BANK NIFTY MARCH MONTH EXPIRY ANALYSISBankNifty Important Levels for March Month Expiry:
=> Naked Buyer Strategy:
CALL Side:
Buy Above: 47040.
Put Stop Loss: 46950.
Targets: 47130, 47203, 47288, 47368 and 47423.
PUT Side:
Sell below: 46800.
Stop Loss: 46880.
Targets : 46720 ,46650, 46570 and 46474.
=> Hedging Strategy:
UP SIDE:
Sell 47300/47400 PUT (Premium price 500-570) & Hedge with 46400 PUT (Premium price 100).
DOWB SIDE:
Sell 46400/46300 CALL (Premium price 550-630) & Hedge with 46430 PUT (Premium price 130).
=> Sell Strangle Strategy:
Sell 46400 CALL and Parallelly Sell 47400 Put.
Note: Do Trading after the Level break and use Strict Stoploss.
ETHereumEth is booming after 2150 will it still be bullish?
With the breakout, it is now pushing itself for 2400
Meanwhile, it tested the 2400 and now it's making its way towards the lower support.
A smaller time frame showed the trend change but 1hr and 4hr is still bullish so this chance is to be of buy on dip .
As it has broken down the 0.23 of fib-retracement.
we need another confirmation for bearish which is trendline support. So re-entry would be at 0.5 and 0.6 lvl.
The first target would be 2350. once it breaks that level, we are surely moving towards 2400.
#eth #bitcoin #trendanalysis
Banknifty Scalping Zone📈📊 Ready for some precision trading? Here's today's scalping zone for #BankNifty! 💰💹
🚀 Scalping Zone: Keep a close eye on the 15-min chart bankNifty 🔍⏱️
🎯 Targets: Quick, nimble trades aiming for small gains within this range. 🎯💸
🛑 Caution: Tight stop-loss and stay vigilant for sudden market shifts! Risk management is key. 🚦🛡️
Let's seize those short-term opportunities! Happy scalping, traders! 📈💪 #StockMarket #Scalping #TradingTips
Note: This trade idea is for educational purposes only and should not be considered financial advice. Always perform your own analysis and consult with a professional before making any trading decisions.
Todays Scalping Zone For Nifty📈📊 Ready for some precision trading? Here's today's scalping zone for #Nifty! 💰💹
🚀 Scalping Zone: Keep a close eye on the 15-min chart of Nifty 🔍⏱️
🎯 Targets: Quick, nimble trades aiming for small gains within this range. 🎯💸
🛑 Caution: Tight stop-loss and stay vigilant for sudden market shifts! Risk management is key. 🚦🛡️
Levels Mentioned On chart.
Let's seize those short-term opportunities! Happy scalping, traders! 📈💪 #StockMarket #Scalping #TradingTips
Note: This trade idea is for educational purposes only and should not be considered financial advice. Always perform your own analysis and consult with a professional before making any trading decisions.
Today's Important Zones For Banknifty Today's Important Zones For Banknifty.
One can plan a trade at that zone on selling after rejection of resistance zone or breakout of resistance zone.
For buying it need to bounce at support zone or breakdown of support zone with decent volume support.
Note:
Only for educational purposes. Not any recommendations for trading.
Scalping on Nifty Based on Support and Resistance ZonesTimeframe: Intraday (Today)
Index: Nifty
Support and Resistance Zones:
Support Zone: 19,303 - 19,272
Resistance Zone: 19,483 - 19,515
Entry Rules:
Buy Entry (Scalping from Support):
Monitor the Nifty for a potential bounce off the support zone around 19,303 - 19,272.
Look for bullish price action confirmation, such as a bullish candlestick pattern or a strong upward move.
Enter a long (buy) position as soon as you see clear confirmation of a bounce.
Set a tight stop loss just below the support zone, at around 19,250, to manage risk.
Sell Entry (Scalping from Resistance):
Observe the Nifty as it approaches the resistance zone around 19,483 - 19,515.
Wait for bearish price action confirmation, such as a bearish candlestick pattern or signs of rejection from the resistance level.
Enter a short (sell) position when you see clear confirmation of a potential reversal.
Set a tight stop loss just above the resistance zone, at around 19,530, to control risk.
Exit Rules:
Scalping aims to capture small price movements, so consider taking quick profits as soon as you see a small favorable price fluctuation.
Take profits when you've achieved a small profit margin or when you notice signs of a reversal.
If the trade moves significantly against your position, exit promptly to limit potential losses.
Risk Management:
Scalping involves frequent trading, so use proper risk management techniques.
Only risk a small portion of your trading capital on each scalping trade.
Stay vigilant and be prepared to exit if the trade doesn't move in your favor.
Important Notes:
Scalping involves rapid trading and may lead to higher transaction costs due to frequent executions. Be aware of brokerage fees and spreads when scalping.
Stay updated with economic news and events that may impact the Nifty, as these can quickly change market sentiment.
Be cautious when trading around support and resistance levels, as false breakouts can occur.
This scalping strategy is designed for short-term traders and requires a solid understanding of support and resistance levels, candlestick patterns, and effective risk management. Scalping may not be suitable for all traders, and individual trading preferences and risk tolerance should be taken into account. Always trade responsibly and within your means.
The following trading idea is provided for informational purposes only and should not be considered as financial or investment advice. Trading stocks and other financial instruments involves risk, and there are no guarantees of profit. Before implementing any trading strategy, it is essential to conduct thorough research and analysis, and consider your individual financial situation and risk tolerance.
Scalping on Bank Nifty Based on Support and Resistance ZonesTimeframe: Intraday (Today)
Index: Bank Nifty
Support and Resistance Zones:
Support Zone: 43,829 - 43,767
Resistance Zone: 44,177 - 44,235
Entry Rules:
Buy Entry (Scalping from Support):
Monitor the Bank Nifty for a potential bounce off the support zone around 43,829 - 43,767.
Look for bullish price action confirmation such as a bullish candlestick pattern or a strong upward move.
Enter a long (buy) position as soon as you see clear confirmation of a bounce.
Set a tight stop loss just below the support zone at around 43,750 to manage risk.
Sell Entry (Scalping from Resistance):
Observe the Bank Nifty as it approaches the resistance zone around 44,177 - 44,235.
Wait for bearish price action confirmation such as a bearish candlestick pattern or signs of rejection from the resistance level.
Enter a short (sell) position when you see clear confirmation of a potential reversal.
Set a tight stop loss just above the resistance zone at around 44,250 to control risk.
Exit Rules:
Scalping aims to capture small price movements, so consider taking quick profits as soon as you see a small favorable price fluctuation.
Take profits when you've achieved a small profit margin or when you notice signs of a reversal.
If the trade moves significantly against your position, exit promptly to limit potential losses.
Risk Management:
Scalping involves frequent trading, so use proper risk management techniques.
Only risk a small portion of your trading capital on each scalping trade.
Stay vigilant and be prepared to exit if the trade doesn't move in your favor.
Important Notes:
Scalping involves rapid trading and may lead to higher transaction costs due to frequent executions. Be aware of brokerage fees and spreads when scalping.
Stay updated with economic news and events that may impact the Bank Nifty, as these can quickly change market sentiment.
Be cautious when trading around support and resistance levels, as false breakouts can occur.
This scalping strategy is designed for short-term traders and requires a solid understanding of support and resistance levels, candlestick patterns, and effective risk management. Scalping may not be suitable for all traders, and individual trading preferences and risk tolerance should be taken into account. Always trade responsibly and within your means.
The following trading idea is provided for informational purposes only and should not be considered as financial or investment advice. Trading stocks and other financial instruments involves risk, and there are no guarantees of profit. Before implementing any trading strategy, it is essential to conduct thorough research and analysis, and consider your individual financial situation and risk tolerance.
Nifty Scalping Support and Resistance Zones for TodayTimeframe: 15-minute chart
Support Zone: 19224-19198
Resistance Zone: 19422-19394
Trade Overview:
In this trade idea, we'll focus on scalping the SBanknifty using the support and resistance zones identified on the 15-minute chart. Scalping involves making multiple quick trades within short time frames to capture small price movements.
Trade Plan:
1. Entry Strategy:
Buy (Long): If the price bounces off the lower boundary of the support zone (around 19224-19198) with a bullish candle, consider entering a long position.
Sell (Short): If the price drops from the upper boundary of the resistance zone (around 19422-19394) with a bearish candle, consider entering a short position.
2. Stop-Loss:
For long positions, set the stop-loss just below the support zone or the recent swing low.
For short positions, set the stop-loss just above the resistance zone or the recent swing high.
3. Take-Profit:
Take profits for long positions at the upper boundary of the resistance zone or a predefined target level, ensuring a favorable risk-to-reward ratio (e.g., 1:1 or better).
Take profits for short positions at the lower boundary of the support zone or a predefined target level, with a similar risk-to-reward ratio.
4. Risk Management:
Since scalping involves quick trades, limit your risk to a very small percentage of your trading capital (e.g., 0.5% or less).
Given the short time frame, be prepared to exit the trade if it's not moving in your anticipated direction.
**************************
Note: This trade idea is for educational purposes only and should not be considered financial advice. Scalping involves quick trades within a short time frame and can be risky. Always perform your own analysis and consider your risk tolerance before making trading decisions.
BAnknifty Scalping Support and Resistance Zones for TodayTimeframe: 15-minute chart
Support Zone: 43656-43588
Resistance Zone: 44044-44117
Trade Overview:
In this trade idea, we'll focus on scalping the SBanknifty using the support and resistance zones identified on the 15-minute chart. Scalping involves making multiple quick trades within short time frames to capture small price movements.
Trade Plan:
1. Entry Strategy:
Buy (Long): If the price bounces off the lower boundary of the support zone (around 43656-43588) with a bullish candle, consider entering a long position.
Sell (Short): If the price drops from the upper boundary of the resistance zone (around 44044-44117) with a bearish candle, consider entering a short position.
2. Stop-Loss:
For long positions, set the stop-loss just below the support zone or the recent swing low.
For short positions, set the stop-loss just above the resistance zone or the recent swing high.
3. Take-Profit:
Take profits for long positions at the upper boundary of the resistance zone or a predefined target level, ensuring a favorable risk-to-reward ratio (e.g., 1:1 or better).
Take profits for short positions at the lower boundary of the support zone or a predefined target level, with a similar risk-to-reward ratio.
4. Risk Management:
Since scalping involves quick trades, limit your risk to a very small percentage of your trading capital (e.g., 0.5% or less).
Given the short time frame, be prepared to exit the trade if it's not moving in your anticipated direction.
########################
Note: This trade idea is for educational purposes only and should not be considered financial advice. Scalping involves quick trades within a short time frame and can be risky. Always perform your own analysis and consider your risk tolerance before making trading decisions.
SPX Scalping Support and Resistance Zones for Today instrument: SPX
Timeframe: 15-minute chart
Support Zone: 4440--4434--4420
Resistance Zone: 4486--4494--4516
Trade Overview:
In this trade idea, we'll focus on scalping the SPX using the support and resistance zones identified on the 15-minute chart. Scalping involves making multiple quick trades within short time frames to capture small price movements.
Trade Plan:
1. Entry Strategy:
Buy (Long): If the price bounces off the lower boundary of the support zone (around 4440-4434) with a bullish candle, consider entering a long position.
Sell (Short): If the price drops from the upper boundary of the resistance zone (around 4486-4494) with a bearish candle, consider entering a short position.
2. Stop-Loss:
For long positions, set the stop-loss just below the support zone or the recent swing low.
For short positions, set the stop-loss just above the resistance zone or the recent swing high.
3. Take-Profit:
Take profits for long positions at the upper boundary of the resistance zone or a predefined target level, ensuring a favorable risk-to-reward ratio (e.g., 1:1 or better).
Take profits for short positions at the lower boundary of the support zone or a predefined target level, with a similar risk-to-reward ratio.
4. Risk Management:
Since scalping involves quick trades, limit your risk to a very small percentage of your trading capital (e.g., 0.5% or less).
Given the short timeframe, be prepared to exit the trade if it's not moving in your anticipated direction.
////////
Note: This trade idea is for educational purposes only and should not be considered financial advice. Scalping involves quick trades within a short time frame and can be risky. Always perform your own analysis and consider your risk tolerance before making trading decisions.
#HINDCOPPER... Looking good 30.05.23#HINDCOPPER...
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a good movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
EURUSD GBPUSD USDCAD market updateToday´s market closing.
EURUSD GBPUSD market on hold but testing highs, waiting possible sellers.
EURUSD at 1.0815 sell to 1.0808. Then below 1.08 sellers to 1.0780
GBPUSD at 1.2315 sell to 1.2305. Then below 1.23 sellers to 1.2280
USDCAD above 1.3630 buyers to wait for 1.3650 and 1.3670