Strategy!
HDFC option strategy for November expiryHDFC November expiry should be below 2210 as per Bearish divergence in daily charts
Sell HDFC 2200CE @ 41
Buy HDFC 2300CE @ 18
Net credit - 23 x 300 = 6900
Breakeven at 2223 levels
Sl spot price close above 2250.
Exit when position is at 80% profit.
NIFTY TRADE SETUP FOR MONDAYLEVEL MENTION ON CHART.
chart is only for discussion purposes not a trade recommendation .
Happy trading.
Live trade setupyou can go long following the trend line ...and short if the line break and sustain.
I am waiting for short .... lets see
LIVE MARKET TRADE SETUPRange bound market ... Mark swing high and low ... sell 11950 CE on high And 11800 Pe on swing low .
let the range break and carry the opposite position.
or else wait for levels to come .
happy trading
NIFTY TRADE SETUP FOR FRIDAYthe level is given in the chart.
The market is very volatile these days. so as I said yesterday.
wait for the market to settle down, identify the trend.
works on the level.
Wish you all Happy trading.
NIFTY TRADE SETUP FOR WEDNESDAYYesterday I told you will look to buy above 11820.
The market made low 11833 but could not catch @ the bottom. sold 11800 PE around 11850.
And book the profit around 11920.
Tomorrow I will again look to sell PE till the
market sustain above 11905 and
will sell CE if the market sustains below 11880.
ITC LONG TRADE SETUPAfter down journey stock showing positive divergence on rsi so plan your trade and look chart for all levels.
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.
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..
