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 .
NSE:TCS Safe players can enter the trade on retracement with strict SL..... Note: 1. Views are personal. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline not the big target... 3. Learn before executing the trade.. 4. To learn more about patterns and trading... contact us.. Thanks..
Nifty CMP 13211 On 19 Nov 2020, when Nifty was at 12770, we had mentioned this Is Nifty setting up for 13240 Nifty does the target today making a high of 13250.30 We observe the Nifty to be trading in a rising parallel up channel Given the setup one may consider the following Short Strangle strategy in Nifty for 10 Dec expiry Sell Nifty 10 Dec expiry...
market is in a Range ...dont rush to take position in CE or PE buying. let The range break
Market is strong till its sustain above 13200...we should look for buy on dip . Scalping level mention on Chart.
ifty Trade setup for Friday Market opens gapup today but cudnot sustain .range bound market is always good for option writer .but range bound market provied us perfect set up for next day market . Tommrow we will buy above 13170 and sell below 13100. level mention on chart.