I am bullish in this budget, positional tgts are really till 18000 but intraday 100-150 move is enough to earn good money, still it should give a close above 17610-15 after that it can give a straight upside move, volatile market may be there but do not trade it there is a huge gapup, then the people who have bought calls can book profits.. trade safely
*** See the effectiveness of weekly levels of last week DEC 27-31 *** See chart ******** Action Strike price 27 JAN Expiry Sell 18000 CE 66.3 Buy 18200 CE 29.8 Sell 16800 PE 96.85 Buy 16600 PE 67.85 Reasoning : NIFTY to stay between 18000 to 16600 Max profit is Rs 3120 ie 7.8% for Rs 40000 Investment . Increase lot size based on your risk...
Look at the chart and see where we are now and how we started this month. This month started with a positive note and kept moving up and up. It is a clear up trend. It took a nifty 14 days to reach 18350. Just five days to keep the nifty dragged down. We have multiple global news sources to follow the down move. But think about the option sellers who hold long...
Banknifty may continue to fall till 35000 level before bouncing back. plan your trades accordingly
The Nifty seems to be somewhat bullish in the near time in the hourly basis time frame, The given ranges are mentioned in the analysis. The market will give a breakout once it breaks the nearest support or resistance mentioned in the analysis on either side. . . . . . . . . . . . . *Disclaimer*- This is just an analysis of the data on the basis of technical...
The Currency Pair is at a level of being pulled off towards its 50 and 20 MA Lines and can act as a support base before it can be expected to make another movie again. The Immediate support levels look like 74.8400. The RSI seems to be calmed down with Higher Tops making flat peaks. Although RSI Convergence is yet to be seen, don't expect the pair to be too...
#ElliotWave & #Harmonic punched analysis:- Market might not come down and will continue to go up & up till 40K #banknifty #Niftybank Everyone is waiting for fall, including myself but the market is in no mood to give anyone a chance. Regards, SG
What an expiry today, with interest rate fear taking nifty down. Look at the chart. There was a huge gap between the opening and the consolidation. Looking at the nifty 5 minute chart, there is a strong upward trend, supporting 50 EMA. Every time the Nifty is at the 50EMA, good buying activity. At one point, it indicated that it was about to cross the 18000...
Third time try to breakout 180 level . Today closed above 180 level and candle closed 9 EMA. keep on radar....
16900 ce looks like a good contract to sell... I have personally also sold 16850... Keeping yesterday's high as SL
In this December month, we were blessed with five expiry dates. I would say that the last three expiry dates are like a roller coaster ride, highly volatile. We are entering our 4th week now, and it is a technically correction mode. Technically, a 10% drop from the recent high is referred to as a correction. Look at Nifty50 on Monday. It opened with a huge gap...
This Indicator can help you to do Intraday Nifty view.
Index analysis on the basis of, OI data Price change DII FII SGX Nifty Dow Jones & Charts Hi Friends,
Banknifty analysis and trade strategy for 9/12/2021 on the basis of OI data and Charts, A Channel breakdown may possible if not sustain at upper levels.
Nifty was in a down trend channel, on lower highs and lower lows , today at 17090, NIfty broken down the channel, Tomorrow, if NIfty sustain below 16900, Short Nifty, Tgt 1 - 16700, Tgt 2 - 16351 SL - 17025
This is just for study purpose, don't blindly trade into it. Please discuss with your financial adviser before trading into stock market. I'm learning and sharing thing what I'm doing. Feedback is more valuable for me.
The adjusted closing of NIfty at 17025, H&S Neck line already broken, A fresh channel break down happened, FII watching the drama, Covid playing in the globe, Be careful. Trade, If Nifty start trading below 17000, Short Nifty , Tgt 16850, 16700 & positional 16350 SL is very deep. 17620
Bank Nifty 1 Hr Chart with Fibonacci Retracement towards Target of 38200 Option/ Future buyers- Buy only December Month expiry Also with a view of Monthly and weekly expiry.. Volatility will be there to eat premiums are on both Side. Dont trade option with November Month Expiry. Still if you want to trade , go only with 1 lot of 38000 with very stick stop...