Tradingstrategies
Nifty: Chart set up and trading StrategyNifty
- Nifty seems to be in Consolidation phase
- Box size is roughly 440 points
- On Breakout Nifty might move towards 17900 odd levels
- if there is a Breakdown, potential downside target 16560
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Important levels and potential different scenarios have been discussed.
For the given set up, my trade strategy for Nifty is a Short Strangle for April series
Sell Nifty 28 April 16300 Put Option (@120)
&
Sell Nifty 28 April 18300 Call Option (@80)
The strategy has approximately 11% profit potential on Margin and provides Loss protection for a fall up to 16100 on the lower side and 18500 on the upside.
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The strategy
- provides good return potential
- factors in different situations,
- gives flexibility to be wrong,
- gives time to adjust trade
- and thereby be in a better position to manage trade
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For more trading ideas like these
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Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
BankNifty Spot Weekly Outlook For Expiry Week Feb21- Feb25Falcon Analytics Outlook for BankNifty for Expiry the week (Feb 21 – Feb25)
Technically on the daily charts we see minor support on the downside for BankNifty index lies at 36878 levels,
whereas minor resistance on the upside is capped around 38261 levels.
If BankNifty 50 index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 36451//35760 and and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 38688/39380 .
Currently BankNifty 50 index is trading above 200 days exponential suggests long term trend is Bullish .
Falcon Analytics predicts range for the week is seen from 35760 on downside and 39380 on upside.
( All Spot Levels)
RESISTANCE 3: 39380
RESISTANCE 2: 38688
RESISTANCE 1: 38261
WEEKLY PIVOT LEVELS: 35750
SUPPORT 1: 36878
SUPPORT 2: 36451
SUPPORT 3: 35760
All above views for education purpose only.
Regards,
MD
Infy: Chart set up and trading strategyInfy
- Come October we have the result season in front of us
Looking at the chart set up now:
- The stock has fallen from 1760 odd for the 2nd time and establishes the importance of the zone as possible resistance zone
- on the lower side 1595 zone acted as resistance earlier and has a possibility of acting as support zone
Given the set up, Strategy that may be considered
Short Strangle
Sell 1820 Call option currently around 26
Sell 1580 Put option currently around 26
Max profit potential Rs 31200/- per strategy lot (Yield potential 17% approximately till 28 October 2021)
Inbuilt loss protection for a
- rise up to 1872 on the upside &
- fall in price up to 1528 on the lower side
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
IMPORTANCE OF SUPPLY & DEMAND | HCLNSE:HCLTECH
🔴 Stock market and the price action is all about how the market had reacted to the past behavior and the emotions of the buyers and sellers...
🔴 so, once you have the clear view about the previous trading sessions,
🔴 with that past behavior of buyers and sellers it may help us to predict what is gonna happen in the future with the price...
🔴 When you know the importance of supply and demand you can trade with the clear view of the market moves....
🔴 when the strong supply zone breached or engulfed it is supposed to act as a demand zone in the future.....
🔴 In the same way when demand zone engulfed it may act as a supply zone, it is known as flipping zones or SR flip...
🔴 DISCLAIMER : This is just for educational purpose. Do your own analysis.🔴
Pure Price Action Trading - Nifty/Banknifty Hello Traders! Here we gonna learn how one can trade Nifty/Banknifty using pure price action and get better results
Assuming that one knows what is Support and Resistance & know about candlesticks
So traders, all you need is to draw the support/resistance levels on your chart, here I've draw S/R levels in Banknifty and
timeframe I'm using is 15 mins for Intraday trading.
After plotting the Support/Resistance levels once the market opens we'll observe the market trend and we'll trade as per
the trend. So here we can see on 15 mins time frame that #Banknifty was making Higher high and Higher low so
as per that we can say it's a short term uptrend and on the current day the market opens below the previous swing
high and candle formation open = high indicates selling pressure
So here after the 15 min 1st candle closes on the small time frame of 5 min we can see a candle rejection from S/R zone
here we can take entry, it's #Banknifty so as an option buyer we'll short market by buying a PUT of near Out of the Money
After we'll set out stop loss before the entry candle in 5 min time frame and lot size is according to risk management
then here comes a flip zone, a S/R zone which act as flip zone that market can reverse or continue, at here we'll trail our SL to
cost, and on the chart one can see the candle gave a small pullback from flip zone S/R level but pullback was weak and market
continued to fell from broken support zone
Later we can see how prices reacting from support/resistance levels and finally it reversed from support zone
Price action is beauty, one can draw support/resistance levels and take action as per the price movement, candlesticks and trend
play an import role
Tata Motors: Road Blocks ahead & strategy to deal with itTata Motors
Observations
- in my previous post, we highlighted the 280-285 zone to act as Support
and that is precisely from where we see Tata Motors bouncing back. Isn't it?
Levels identified in study on 07 July, works to perfection on 28 July 2021
- Going forward 306 / 316 / 322 may act as potential resistance zone
- on the lower side if 280-285 zone is taken out we may see potential doors opening for further fall up to 260 odd levels
Given the set up, one may consider selling Tata Motors 26 Aug expiry
330 Call Option between 3.5 - 5 (currently trading at 3.9)
At current price max profit potential Rs 11115/- per lot
More importantly, the strategy covers risk for a rise in price up to 333.90 till expiry day.
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
INDIGOPNTS: A Bullish Trend"
TECHNICAL ANALYSIS OF NSE:INDIGOPNTS
The LAST CLOSE PRICE of NSE: INDIGOPNTS is 2564.95. The PARABOLIC SAR is showing the BUY SIGNAL with TREND as UPTREND . The FIBONACCI LEVELS analysis shows that the CLOSEST FIBONACCI LEVELS is 0.5 at the FIBONACCI STOCK PRICE LEVEL of 2605.1. From here, the Key Support and Resistance levels are SUPPORT 1 at 250.07, SUPPORT 2 at 2530.89 with RESISTANCE 1 and RESISTANCE 2 at 2621.4 and 2656.65 respectively. The Key 50% FIBONACCI LEVEL stands at 2595.7 which is the crucial Fibonacci Level determining whether the scrip will maintain the trend or not.
The STOC RSI has the values K and D as 50.81 and 49.34 respectively. At this level it the status is WITHIN OVER BOUGHT AND OVER SOLD RANGE. When we look at the Moving Averages, MACD is the crucial indicator to look into. With MACD VALUE at 13.44 and 6.67 at 14.15 alongwith HISTOGRAM showing valus of -0.72, the STATUS is clearly BUY CROSSOVER NEARING IN.
The best indicator to determine the Trend Reversal is FISHER TRANSFORM and currently the values of FISHER and TRIGGER stand at -0.6 and -0.31 with DOWNTREND as UPTREND. A very important factor while making the investment is to see if there has been already too much of Buying or Selling, and that are we entering too late into the transaction or not. Thus, with WILLIAM's R% value at -0.4585 the STATUS is WITHIN OVER BOUGHT AND OVER SOLD RANGE.
No one wants to buy costly things, and thus always look for the bargain or appropriate price levels to buy things. Same applies to Stocks, howver the only exception would be some Hot Stocks that one wants to have any price. Looking at this perspective, the P/E RATIO of the stock stands at which signifies its Price Level to be .
>>> RECOMMENDATION is : BUY."
🎯 TATA MOTORS IS READY FOR LONGNSE:TATAMOTORS
🔴 Morning star has formed at the Demand zone and right exactly above the support as well...
🔴 As of now 284 Looks as a strong support level...
🔴 Down side risk is possible only if price closes below 284 and engulfs demand zone...
🔴 DISCLAIMER : This is just for educational purpose. Do your own analysis.🔴
Late night Technical analysis talk LNA on the demand of you guys only :) was a little busy today so less stocks
Gain 10% in IOC after this video - MULTI TIME FRAME analysisWhat I see in IOC Would love to share my views with you all :
_ I see that the price was getting rejected from the same trendline on weekly basis for quite a while now
and recently broken with 4 bullish green candles on W charts
_ I see that the zone of 102 to 106 is a strong supply-demand conversion zone, which means it can sometimes work as
demand and sometimes supply zones
_ For now it has broken that supply zone and gone up by 17%, now it is retracing its move, for that we have fibo
tool to understand where it is in terms of retracement
_ I see that the price resides on 0.3 fib retracements and also on supply-demand conversion zone of 105 levels
which will act as demand/support for the price
_ I also see that in 1hr time frame it is making a good trendline which needs a breakout
_ A breakout as depicted in the video if given then it might boom for 113 levels and 117 levels
Trade levels :
Breakout of small trendline needed above the 107 marks ( on 1hr TF )
SL should be self kept as its a self-owned thing ( I might keep it below the swing )
Targets should be set at least larger than the SL and logical too ( 113 is good resistance and 117 is near term high )
___ Have a nice trading-day :) ___
Game of Positions: Friday Index F&O Trade data analysis This is not a recommendation.
Trading in Futures & Options involves real money and high risk. Hence there is a need to do more study before you randomly take a decision.
Just like in a game of Chess, when you plan to make a move, you need to factor in opposition's game strategy.
Using the same principle, when trading in Futures & Options, we should be aware of how 3 major participants i.e
- retail participants,
- FIIS
- Proprietary traders
have positioned themselves. DIIs have not been factored in here as they have limited access to F&O trade
Futures data
• Retail participants squared off 142 Long contracts & squared off 2.71K Shor t contracts
• FIIs squared off 5.99K Long c ontracts & added 6.89K Short contracts
• Pro traders added 5.06K Long contracts & squared off 6.20K Short Contracts
Call option
• Retail traders added 4.26 Lakh Call Longs & added 3.91 Lakh Call shorts
• FIIs added 54.92K Call Longs & added 70.17K Call short
• Pro traders added 1.14 Lakh Call Longs & added 1.34 Lakh Call shorts
Put option
• Retail traders added 2.24 Lakh Put Long & added 2.79 Lakh Put shorts
• FIIs added 62.13K Put Long & added 40.61K Put shorts
• Pro traders added 89.54K Put Long & added 67.18K Put Short contracts
- Retail Participants exited from Index Futures shorts and in Options are Net Call Buyers and Net Put sellers (bias is bullish)
- FIIs on the other hand exited from Index Futures Long and added Index Futures Short positions and in Options are Net Call sellers and Net Put buyers (bias is bearish)
- Pro traders have taken long position in Index Futures and exited from Short positions. However, they have hedged their position in Options by being Net Call sellers and Net Put buyers (Neutral)
Let us see who turns out to be the winner in this Game of Positions on Monday.
Important levels for Nifty
Important levels on upper side: 15960 /16030
Important levels on the downside: 15780 / 15628 / 15450
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Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
- we do our best to ensure that the data we release is complete, accurate and useful. However, because we do not create the data, and because the processing required to make the data useful is complex, we cannot be liable for omissions or inaccuracies
– The user expressly acknowledges that the Data may contain some nonconformities, defects, or errors.
– Neither Indiamarketoutlook nor the author shall be liable for any claim for any loss, or any other damage arising from access to or use of data or information contained herewith.
Possible 8% in ROSSARI LNA stands for Late night analysis
Follow me on trading view: in.tradingview.com
We discuss potential stocks provided by you guys only in my DMs and comment sections so give your stocks in comments and DM me for tomorrows video :)
👑 Terms used if you don't know :
✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point, these highs and lows created in between them are bulls vs bears fight going on inside the pattern and if it comes to the lower part of it, surely bulls will take it to the topmost point and vice-versa until one of them wins
✣ Structure and trend: Two types of trends that exist in the market today are uptrends and downtrends. Each type of trend tells a different story and has its own impact on a trader's success in the market. While uptrends show a series of higher highs and higher lows, downtrends show lower highs and lower lows
✣Breakout: Breakouts are commonly associated with ranges or other chart patterns, including triangles( HERE WE WILL SEE THIS ONE ), flags, wedges, and head-and-shoulders. These patterns are formed when the price moves in a specific way which results in well-defined support and/or resistance levels. Traders then watch these levels for breakouts
✣ RSI DIVERGENCE: A bullish divergence occurs when the RSI creates an oversold reading followed by a higher low that matches correspondingly lower lows in the price. This indicates rising bullish momentum, and a break above oversold territory could be used to trigger a new long position.
✣ Supply/ Demand: In the supply zone , the prices are higher than the bid price, and in the demand zone , they are lower. The bid price is what a trader is willing to pay for a stock
👑 Important levels - explained well
👑 Comment your thoughts and queries regarding anything on this analysis of mine, feel free buddy :)
⌛ Motivational and psychological area ⌛
✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset only.
✣If you want to make money, firstly be prepared to lose it, only that much which you can afford and that much by which you can make a mistake again, learn from them and grow
✣Don't lose hope and keep grinding
✣I have seen my friends on youtube streaming games with watching 10, constantly they streamed for a year or two and now they are buzzing with 1k to 2k watching daily.
✣Focus on the process, you are here to make money not stupid decisions and lose it all
✣No one will help you climb the mountain, few will tell the path, so follow good people, make good mentors and make good decisions and choices in the stock market.
✣Believe in yourself :)
🎓🎓 Some info about me :)
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼I don't take all the trades I post
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls