REC LTD Setup ready to go longLong REC LTD above 250 for the long-term target. The stock has been in an uptrend for a long time & a small correction or pullback period has been over. Stock is trading near 50 EMA. levels of 300+ can be seen in the coming days.
This is for your educational purpose only.
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Bank Nifty Analysis For 22Sept2023 **Market Outlook**
The market has been in a downtrend for the past few days, and is likely to continue to be bearish tomorrow. The Bank-Nifty is expected to open gap-down, with a first resistance at 44600 and a second resistance at 45000. If the BankNifty breaks 44600 and closes a green candle on the 5-minute chart, then traders can go long. However, if the Nifty breaks 44200, then traders can expect further downside movement to 43900 and below.
**Key Support and Resistance Levels**
* Support: 43900, 43600
* Resistance: 44200, 44600, 45000
**OI Data**
The OI data for the market is not very bullish, with only 44500 having good support. On the resistance side, the market has strong resistance at 44800 and 45000.
**Trading Strategy**
Wait for the market to open and then watch the price action. If the Nifty opens a gap-down and breaks 44600, then traders can go long. However, if the Nifty breaks 44200, then traders can expect further downside movement to 43900 and below.
**Disclaimer**
This is just a professional stock market analysis for tomorrow, September 22, 2023. It is not financial advice, and traders should always do their own research before making any investment decisions.
Nifty 50 Analysis for 21Sept2023
Nifty 50 Options Trading Analysis for 21/09/23
Key Points:
Nifty 50 is likely to remain bearish in the short term, with support levels at 19980, 19800, and 19720.
Resistance levels are at 19954, 20045, and 20107.
If Nifty 50 breaks below 19866, more downside fall is possible.
If Nifty 50 breaks above 19954, it may face resistance at 20045 and 20107.
Trading Strategy:
Long: Traders can go long in Nifty 50 options if it breaks above 19954 with a stop loss below 19866.
Short: Traders can go short in Nifty 50 options if it breaks below 19866 with a stop loss above 19954.
Risk Management:
Traders should always use stop losses and risk management techniques when trading options. It is important to remember that options are a leveraged product and can result in significant losses if not traded carefully.
Disclaimer:
This is not a financial advice and traders should always do their own research before taking any trading decisions.
Additional Notes:
Nifty 50 is expiring on 21/09/23, so traders should be extra cautious while trading options on this day.
It is advisable to book profits early and avoid holding any overnight positions on the expiry day.
NTPC long possible?NTPC stock is in a long uptrend & a high probability that the stock will continue the uptrend and going to hit all-time new highs.
1) Long after the BO of conflux area above 240 with a green candle.
2) Previous stock move from the 50 EMA .
3) If RSI also crosses above 60, that's a very high chance of the stock going long .
In case stock rejects the area then wait to touch the 200 EMA levels for right entry.
This is for your educational purpose only.
DMART LONG Dmart in sip and long term accumulation zone.
HOLDING PERIOD- 1-2 YEAR FOR BIG GAINS.
FEW CHECKPOINT -:
1. monthly and weekly rsi not in overbought zone.
2. price above 200 ma
3. similar chart pattern repeating again and its 3rd time.
4. Good fundamental with good results just taking a correction and soon will be ready for long run and newer highs.
5. june quarter sales increased compared to PY june quarters result and if compared previous quarter results are good .
Testing patience of long term investors and without pain there will no big gains.
JUST BUY ON EVERY DIP AND HOLD FOR BIG MOVE AND BIG GAIN.
Bank Nifty 14 Sept 2023 If you see my Previous Day's analysis and Support Resistance then you can see I already told you that if the market again breaks 45646 then a buying side move is possible, and for downside support I mention 45300, the exact market reverse from this point.
What Happened Next What is The next support and Resistance Zone
For tomorrow If the Bank Nifty Open Gap-up above 45600 we can see a profit booking and the market can go down up to level 45800, or Before that if the market gets support. the market can get a turnaround
Our Support and Resistance Levels For Tomorrow
For a Buying Move Market Need to Close or Trade Above 46000
Our First Resistance is 46100 Small
The Market not have a good Resistance in the Upper Side So an upside move is possible
Support Levels 45850 then
45600 if the market breaks 45600 then more falls are possible.
So Trade Carefully use these Levels, Follow Me For Live Update.
#nifty
#banknifty
#support #resistence
#Bankniftyoption
Nifty50 Support Resistance 13sept2023 For Nifty 50 if You see nifty50 you Find Market Rejection From the High 20100 and the Market Today traded at 20000 Levels As In my View Market is Bullish.
If the Market is Again trades 20050 then the Market Go up. .
AS Per OI Support Resistance
CE Writer 20100 High As Compare PE
And nearby Resistance 20000 CE
big Support Levels 19900/19800
How To Trade in Option's Market By 👑Royal Trade👑 👑Royal Trade👑
Hello Guys in This Video We share How to Trade in Option's Market.
Difference between technical analysis and option trading
Technical analysis and options trading can go hand in hand. Many of the best practices for options trading come directly from technical analysis concepts. Technical analysis focuses on price. Fundamental analysis does not solely focus on price.
why we learn option chain?
Option chain is a chart that will give in-depth information related to all stock contracts available for Nifty stocks. The best thing about the option chain is that it provides valuable information about the current security value and how it will affect it in the long term.
What is the purpose of option chain?
It can be used in creating an option strategy at several strike prices. It can be used to analyse and draw noteworthy insights about the stock and its probable movements. It helps the traders in evaluating the liquidity and the depth of the option contract.
How important is option chain analysis?
The option chain analysis data provides a very comprehensive view for all the available options for any particular underlying asset. This helps in understanding and selecting the correct option for trading or investment purpose.
NOTE
#We Are Not Promote Anything
#This channel Purpose to share market ideas.
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BANK NIFTY LEVELS 11TH SEPTEMBERBank Nifty has more upside Then Bank nifty
For tomorrow If Bank nifty opens Gap-up above 45400 then the market Can Come at 45150 For Retest and Then the Market go Upside.
If the market break again at 45000 then
More Downside Trand Possible up to 44900/44800
AS Per OI Data Market Big Support 44500 then 45000
and Upside 45500 Is a Resistance
Nifty 50 Levels For 11th September Previous Day Market Close at Spot 19819
For tomorrow Fast #Resistant is 19850 If the Market Open Gap-up and gets support from 19850 then We Can see an upside move up to
#Level 20,000
As Per OI Data Market Has #Resistance at 19900 and big #resistance at 20000
And Downside Big Support is19700 and 19600 As per OI Data
For tomorrow If Nifty again Breaks 19800 Levels Then the Market Can Fall up to 19733
If the Market Open a Gap-up and Trade below19819 then We Find A Downside Entry.
NOTE- Only for Education Purposes.
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Nifty also BullishToday's Nifty Rejection From 19585 Nearby 19600 For this If your View is Bullish then Wait For a Breakout of 19600 and if the market sustenance above this then We can See a Buying Good Move. On the Downside 19500 is our main support zone if breaks then the market fall
AS Per OI Data Market has good Support at 19500
Big Resistance 19600 then 19700 Compare to put Call Writer High in This levels
Wait For breakout 19600 My view in Nify50 is Bullish I Dont Trade in Downside Unitll it breaks 19500 if break 19500 then we see a 100 point down rally.
Confuses Market Right Now AS Per Day Candle Time Frame Bank Nifty Show Bullish Like Market Get Support And Nearby High is 44700 Market Ready To Break this Because one Bullish Candel Make In Day time Frame And For 15 Mint Time Frame We Saw a Big Support Zone In the Market 44100 and 44000 Market.
For tomorrow if the Market shows Positiveness then Like Break 44700 then We Can Plan For a Buying or Bullish Trade. Otherwise, Wait For a breakdown Down Below 44100 or 44000 And need to sustenance Market if the Market sustenance Above or Below Any Support or Resistance Zone Then the Market sets a trend again
OIDATA
AS PER OI Data Market Has 44500 Resistance. For Downside Big Support is 44000 but the market can support at 44100/44200 because as per Oi pe data more than ce so Market Can Support if falls.
FI/DI DATA
Retail CE /PE Bearish Future Bullish
DII- Future Bearish CE=nil PE-Bearish
FII- Future / Pe -Bullish CE- Bearish
As Per Data Market BearishAs Per Option Data Market Show Bearish . so Whats Plan For Tommrow If you Are a New Trader then I recommend not trading on Friday. Tomorrow's Market More Interesting As Per data CE Writer Today More At 44000 current Condition CE Writer Greater Then Pe Writer and Also
Retail Full Bearish At Future/ce/pe
DII Future Bearish
FII CE Bearish
What Is The Main Support Zone For Tomorrow in Bank Nifty 44000 is a Big Support For Bank nifty if Market Again Tomorrow then More Fall is possible In Upper Side market have To Much Resistance 44200/44300/44400/
We Only See a Good Move Above 44200 for Buying In Downside if the market Sustence Below 44000 then i not taking any support nearby
SLOW COMPARE TO BANK NIFTYWait For Break Out I Am Not Prefer To Trade In Nifty 50 Because Of Slow Movement
The Market Continues To Support At 19300 If The Market Again Touches Tomorrow Then A Fall Can be Possible .
As Per Data 19377 Is A Resistance For Nifty If Tommorw Market Break Then Buying Side Movement Comes Fast.
Just Follow This Lines.
AS PER OI DATA
BIG RESISTANCE 19400/19500
BIG SUPPORT 19300/19200
Market Reject From Higher Levels As Per Data Already tomorrow We discussed that the market shows bullish and that happened Market opened today Gapup and Rejected From Higher Levels Market Fell 200 points from Opening
For Tommorw We Can
Trade Bullish Above 44640
For Downside Big Support 44300
AS Per OI Data BIG Resistance 44500
BIG Support 44300/44200/44000
If the Market Break Again at 44300 then it falls Possible
Watch Market Data
Ajmera reality to take longAjmera reality to take a long entry between 345-349 for the target price between 390-400 with SL 320. Good risk to reward trade. The logic behind trade..
1) 200 EMA Support level from the entry level.
2) Bullish candle at the support level.
3) volume build-up
4) V shape recovery in RSI
This is for your educational purpose only.
Market Can Bullish Above This LineFor Bank nifty Market Need To Break 44300 and trade Abve This Then We Can Consider a Buying Side Entry Otherwise We Avoid This. If Market Again Trade Mention This Levels then Don't Want To Trade Just Wait For Break out and Break Down . If Again Market Break Downside Support Zone 44100 and Then 44000 Then the Downside is More Possible Upto 44900.
AS PER OI Data 44200/44100/ Make Support PUT Writer Write In Fri day and Big Support Zone 44000 if break Market then PUT Writer Booked Their Loss And Market Fall Down More.
Wait For Break Out and Break Down Otherwise No Trade