Sideways
bankniftyChart shows a 39750 Is the resistance and 39000 support
1. IF Tomarrow open gap up wait15 min close and price action .it is in small range
2. IF open in flat i was i thin it will be sideways for 11.00 clock or 12.00 clock it will break out or breakdown
3. IF gap down if cross and close the trendline or trendline then sell the call option
OI data
(Friday)
{(call oi 8,72,226)And (put oi 7,90,274)} So call oi os high
Oi
And change in oi huge added in 39500 (29,735)contracts
NIFTY- Possible Trade for Today -18-06-2022In the week gone by NIFTY has made an inside bar on weekly charts. However the price action for the last five weeks clearly show buying emerging at lower levels and one can see higher lows being registered in the last five weeks. Based on price action in shorter time frame and also after looking at the FnO data we think the market is likely trade sideways with in the range of 16330-16100 with an upwards bias. Once the index breaks 16300 decisively it can push to higher targets. On the other hand if 16100 is not defended on a closing basis we could see the market moving downwards.
Important levels for the week and day are given below
Bullish Above 16130
Possible Upside targets - 16180/16230/16280/16310/16330
Bearish Below 16080
Possible Downside targets -16020/15980/15940/15900
Disclaimer:
The analysis provided is for educational purpose and the author does not assume any responsibility for the trades initiated based on the analysis. Consult your financial advisor before making any trades
Target 2 achieved in Siemens | 9.5% moverThis idea is 2nd follow-up to Siemens
You can check the Link to Related Ideas - Trade activation explained at levels of 2400 ( Symmetrical Triangle BO in detail )
Talking about Targets - Target 1 was the Symmetrical Triangle Bo Top node. Target 2 was a Fibo extension created from 2530 to 2200, extended levels were Targets.
Disclaimer: The information provided is for educational purposes only. Our intention is not to provide any financial advice, don't take any decision without consulting your financial advisor.
Nifty: Gap Analysis and Follow upAfter having a bad trading month in April, in May we traded less but got the view and trade right of Nifty moving up from 15800 odd levels to 16600-16800 odd levels.
In my last post, it was suggested that Nifty might not move high any further.
Accordingly we had covered our Long position and created a short position.
Today Nifty has filled up the gap zone which had got created on 30th May 2022.
Short positions created earlier may Consider to book profits and wait for the next cue.
So far so good...Nifty movement has been exactly as per what Technical Analysis guided us. Now it is interestingly poised here.... If Nifty holds on to this level, Nifty might try to recovery again. However if we see no follow up buying, then it might be a case of Nifty filling previous gap that was created on 6th May 2022 (highlighted in red colour) and we might see continuation of down trend.
Hence, here I would wait and watch before I take the next trade...
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
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Our fractal is playing out !😎As we shared yesterday with you that btc can do sideways movement is geeting right because 31800$ is hard resistance for now and 27600$ is strong support now and also our fractal is indiacting that we are going in a sideways market till mid july to last august untill unless a good volume comes in market.
NIFTY for upcoming week (16 May,22 to 20 May,22)nifty fall 650 points from high to low and also closed near previous week lows as well which indicates that there is more pressure from highs and no to very little demand at lows. I will trade as per marked levels on my chart for next week. Expecting a sideways to bearish market for next week ahead.
Happy Trading :)
Disc: Chart posted only for learning purpose.
Nifty 50 trade setup for tomorrowThe market is trading in the range and if the market has to go down or up it has broken that range.
If 30 minutes candle closes below the 16080 level we may further down movement in the market.
For prices to go up, the price has to break the trendline and also the previous high.
TCS shortTrade details:
Monthly tf: Market reach the all time fib extension levels (1.618). possible to came for correction.
Weekly tf: sideways going on
day tf: market reach the day support but, still it not change the trend to up trend, still we have a possibilities to sell
Hr tf : day tf correction completed (0.328) and hr tf trend was changed.
Nifty-50 │ 26-01-2020Nifty-50 Is on Sideways Trend
Date:- 26-01-2022
Movement :- Sideways
Nifty-50 Movement :- ( 70 ~ ) Points ( Sideways Closing )
TIME CONSTANT LEVELS ATTENDANCE ( T.C.A ) :- 17341
TIME CONSTANT LEVELS ATTENDANCE ( T.C.A ) :- 17213
STOP-LOSS :- Uses Your Own Stop-Loss
Quantum Physics Researcher :- Jeevan Singh
T.C.A Created Using With HPC ( High performance Computing )
Guys This is R&D ( Research And Development ) Purpose Only.
I am Not Responsible If your Stop-Loss Hit And! I am Also Not Responsible If Regulator Call Me Manipulator.
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