NIFTY TRADE SETUP FOR WEDNESDAY nifty close near the trand range 14200 .which opens new range which will goes to 14400. the uptrand will continue till 14000 is intact. tommrow i will look for buy on dip till market sustain above 14150. in this kind of market predefind level does not work . Scalping is best method . take multiple trade in both direction near...
NIFTY TRADE SETUP FOR TUESDAY Nifty range is 14200- 13930. For long i will wait price to sustain above 14200 . till on higher level will sell 14300 ce option . Scalping is best in these time .book small profit multiple time in both direction.
Wait to break 14100 point, Later it will come down. During that time can take entry. Options would be great. 14500 JAN CE would be preferred..
HAPPY NEW YEAR TO ALL . TODAY range is 14030 - 13950. Buy above 14030 and sell below 13950. for Scalping level mention on chart.
A range bound market always provies excellent trade setup fpr next trading day. WE can intiate buy above 13950 for 14000. 14000 is big resistance ...if price sustain above 14000 than we can intiate fresh position. for short and scalping level mention on chart.
Once Bank Nifty crosses 30950 ....next target 31500 - 32000 SL 30000 Buy CE 31000 31 Dec 2020 @ 250 Sell CE 31500 31 Dec 2020 @ 85 Max Loss (Per lot) Rs.4125 Max Profit (Per lot) Rs.8375
Seems like #Banknifty got a healthy retracement even though there was a technical error in the exchange so I initiated a long position with a hedge Banknifty Feb Fut Long with hedge Feb 30000PE will sell covered call every week
nifty will be volatile till it is in range between 13800- 13100.for scalping level mention on chart.
Nifty is still looks strong . will look for buy on dip around 2 hr support line . Long Above 13800 short below 13700 ,13660 & 13600
Nifty CMP 13718 Levels mentioned in the chart - This is just an estimated range based on initial F&O data reading - Do understand that Markets are dynamic and it may change any time - Use this for educational purpose only Assess your risk::reward and Plan your trade accordingly. Consult your financial advisor if need be. Do Hit the Like button if you find...
Nifty 13558 FIIs Net sold 8803 Contracts worth Rs 811.83 Cr Futures Data - Retail participants squared off 49 Long Contracts & squared off 6.48K Short contracts - FIIs squared off 2.34K Long Contracts and added 6.54K Short Contracts - Pro traders added 1.10K Long contracts and exited 1.35K Short contracts Call Option - Retail participants added 1.28...
NIFTY | RSI mild negative divergence | Doesn't looks bullish not a great time to short too. Expecting some range bound this week. Lets try Short straddle with hedge it becomes Iron Fly - 17/12/2020 Expiry - Credit Statergy - Defined and good risk reward CMP : 13513 Sell 13500 PE @ 101 Sell 13500 CE @ 108 Buy 13300 PE @ 37 Buy 13700 CE @ 36 Premium collecting...
NIFTY extended their journey over sixth consecutive week and scaled to a fresh all-time high of 13579. Going ahead, I believe 13600 would be the key level to watch, as only a decisive close above 13600 would lead to extension of ongoing rally towards 13900 mark as it is the 161.8% extension of the consolidation range (13200-12800), projected from breakout area...
Nifty CMP 13533 Prima facie the chart set up reflects resistance at red line and Blue line likely to provide support F&O data reflects unwinding of position seen yesterday in Index Futures by FIIs after a long time. Given the set up, and Data analysis one may consider Selling Nifty 13700 Call Option between 45-55 (CMP 46) The strategy provides protection...
Dear Trader, “We all want progress, but if you're on the wrong road, progress means doing an about-turn and walking back to the right road; in that case, the man who turns back soonest is the most progressive.” – C.S. Lewis Many a times I see retail participants buying Call and Put options based on hope. Even on 10th December 2020, Data analysis suggested...
nifty work on upside trend line work only price channel and wait for channel breakout
WE WILL LOOK FOR BUYING ON DIP TILL MARKET SUSTAIN ABOVE 13450 .