Broke out of ascending triangle on h1 leading to intraday target of a measured move up to 44-45.
11400 TARGET HAPPY TRADING :)
Buying momentum is too low.. Again selling pressure may come in.. Its near the trendline resistance and below 50MA
as we can see ...........stoch rsi suggesting an overbought territory ....... lets take bnf down happy trading :)
QUICK POSITION FOR INTRADAY KEEP EYE
AS WE CAN SEE NIFTY IS OVERSOLD ON BOTH RSI AND STOCH RSI .......... MARKET TO FALL TO 11200 .....I SUGGEST TO PLAY WITH OPTIONS .....11200 PE AT CMP HAPPY TRADING :)
Please like and follow to get more updates ideas.. Levels are mentioned on the chart.. Know your own risk before invest.This is just my idea not an investment advise.. Check out my other ideas too..
nifty is extremly oversold ...........buy 11300 ce ........
Bank nifty intraday analysis || Sell #BankNIfty
as we know weekend is coming and also there is one holiday next week on the occasion of dushhera where market will remain close .....so i suggest to to sell 11000pe of nifty of 10th october expiry and buy 10850 pe of 10th october expiry ........these two options will play simultaneously ..........as during holidays premium decay will happen fast and we will be in...
the market in reversal mode ........reliance cant hold its resistance ........buy for 2-3 days
buy 11500 CE credit policy se phle ....
as we can see implied volatility is fuckin high for this stock so i advice to see 1 lot of IBULHSGFIN19OCT180PE and buy 1 lot of IBULHSGFIN19OCT200PE stock kahi bhi jaaye pr profit apne paas aaye :P