CUMMINSIND KEEP IN YOUR WATCHLISTAfter long down trend now price making higher high and higher low formation on weekly chart and looks like price get breakout soon from it's resistance zone. Trade plan given in chart so check it out.
Strategy!
GOGREJCP LONG TRADE SETUPStock showing some bullish momentum after down trend. expecting some higher level in this stock soon, all levels written in chart so please check it out.
NIFTY TRADE SET UP FOR MONDAYMarket Range - 11800- 11650.
above 11800 long and below 11650 short.
but this is 150 point range and as an Intraday trader, we have to make money in between these range.
i have draw a trend line if the market closes below that line in 5 min chart I will short and above that trend line, I will go long.
don't wait for long profit insted book small profit multiple time.
Happy trading.
NIFTY TRADE SETUP FOR FRIDAYTomorrow I will look for sell on rising, till the market sustains below 11750- 11760. will long once the market sustains above 11765.
NIFTY TRADE SETUP FOR THURSDAY buy and sell the level given on the chart. till date, we have 95 percent accuracy.
you can chk on the previous chart .
Happy Trade.
NIFTY TRADE SETUP FOR TUESDAYtoday our view was to buy on every dip. I update you in the live market that I am selling 11700 pe @ 52 and booked @ 42 .it closes around 28.
tomorrow I will again look for buy on the dip or above today's trend line.only short if nifty sustain below today's low.
XAUUSD, weekly analysis, Oct 12-16Gold against Dollar, have been seeing the bullish trend right from the 1st of October, reason could be weakening US Dollar , strong fundamentals have contributing the bulls of this pair particularly US Elections also joins, Last week the sudden rise of Gold is expected to go Long for at least next few days in the coming week.. may be till 15-Oct till at the price of 1965 - 1970 area,
Price action analysis is posting for education purposes..
NIFTY - THIS WEEK'S ANALYSIS & TRADE PLAN FOR TOMORROWNSE:NIFTY
Let me know if you find this useful and if I should continue posting such ideas on daily basis for intraday/swing levels of stocks & indices?
Take a look at the chart properly for detailed analysis,
also please note that this idea is purely for educational purpose only, kindly do your own research before investing and trading or consult your financial advisor.
TRADE SETUP FOR OCTOBER 6, 2020 - BANK NIFTYNSE:BANKNIFTY
Note : Only for educational purpose, kindly do your own research before investing/trading or consult your financial advisor.
NIFTY TRADE SETUP FOR MONADAY Will look for sell on rise . simply because risk and reward fevour short.
in all condition gap down , gap up or flat market
will look for short only .
CUMMINSIND AT SUPPORT LEVELThis stock got support at lower level and am expecting bounce from here so plan your trade with help of this chart.
NIFTY TRADE SETUP FOR EXPIRY DAYor example, if nifty break 11305 ...and sustain buy 11300 CE.
as options data suggest we have very less possibility to break 11170. and nifty might open above the Range.
if nifty not break the range in 30-45 min then we have range bound market and will have momentum in the second session only.
MY possible setup.
1 flat opening
sell 11350 ce and 11150 pe
2. Gap up opening .
will wait nifty to observe profit booking and buy 11300 ce and sell 11400 ce.
3 . gap down
if gap down below the range then i will short with full quantity .
NIFTY TRADE SETUP FOR MONDAYNIFTY TRADE SETUP FOR MONDAY
Although nifty recovery around 250 points from the low in a single trading day but the market is still bearish.
if market opens above 11080 and sustain then we can initiate long for day trading. But in that scenario, I prefer to sell the put options with 11040 stop loss. .
the market can be range-bound between 11110- 11180.
once the market cross 11180 then we can see 11230, 11250.
on the other hand, if the market opens negative and sustains below 11020 we will initiate short.
for the target 10960,10902.
This is not a trade call. all views are for educational and discussion purpose only.
most simple setup but ignored as market was much down-a buy confirmation was there but market -(24-9-2020) was not in favour , it was 1 % down already
simple strategy with with simple price action thoughy
HIGH AND LOW OF FIRST CANDLE IS NOT THE SECRET
NIFTY TRADE SETUP FOR FRIDAYTomorrow I will follow the same strategy. Mark 30 min high and low. on high sell CE and on low Sell PE. on range break exit the respective position and carry the other position.
the market has only three possibility
1. going up
2. going down
3. range-bound
As an option Trader, we have to position ourselves for all three possibilities. we might not make extraordinary money but one thing is sure we will not lose the money.
Keep trading and keep making money.
NIFTY TRADE SETUP FOR FRIDAYTomorrow I will follow the same strategy. Mark 30 min high and low. on high sell CE and on low Sell PE. on range break exit the respective position and carry the other position.
the market has only three possibility
1. going up
2. going down
3. range-bound
As an option Trader, we have to position ourselves for all three possibilities. we might not make extraordinary money but one thing is sure we will not lose the money.
Keep trading and keep making money.
NIFTY EXPIRY DAY TRADE SETUPNIFTY TRADE SETUP
The market recovers 100 points in the last hour. if the market opens gap up then 11120- 11090 will work as support.
tomorrow is expiry so we can expect a volatile market. on the dip, I sell the put option with 20-30 point stop loss.
on the upper side will sell calls will not carry naked position and will try to close call before 2:30.
if the market crosses and sustains below 11020. then I will sell in the money call.
BANKNIFTY Short Strangle Wed1) Wed Market is a PED(Premium eating day) - Bidirectional so short strangle works better
2) you can sell top 3 leg CE & bottom 3 legs PE
3) Green lines are safe zones
4) Usually market is range-bound from 11 - 12/1PM Major moves happend before 10 and after 1PM/ 2PM
5) so better to square off before 12PM / 1PM of conservative traders
6) SL/Exit whenever it touches a safe zone or loss goes > 3000
NIFTY TRADE SETUP FOR WEDNESDAYNifty Trae set up
After 2 days directional movement we can see a range-bound market before expiry.
I will rather sell the option tomorrow than buy it.
level I have marked.
simple I will mark 30 min range .om high side will sell call and the lower side will sell PE. keep both positions intact until range break.
Keep an eye on Bank nifty. if it trades below the 21000 marks then it will drag nifty also.
