Please check my posted levels with 2 different levels on downside and 2 different levels on upside, market can go up as I am expecting so mark these levels just for education purpose only, please do your owner due-diligence before taking any trading related decision as I am posting these levels just for educational purpose only and these are solely my personal...
Reason for long
a) HSP set up
b) QQE long
c) First week of Feb usually market tends to be in bullish
d) SL compulsory
or bankbee of 2% stake of total investment
or
bull call spread at 47000 ce long and 47100 ce short
Duration first two weeks
Follow option levels, tradingview do not provides option data of Indian Indices what you are seeing is an image.
follow the levels in 5 minute chart and made profit , be sure to copy these level in your trading platforms 44800 CE strike price and then trade.
The trading session on Thursday, particularly the Nifty expiry day, unfolded with a distinct dominance of the bears. The day began with both BankNifty and Nifty exhibiting a significant gap-up, rising by almost 40 points. The indices reached notable levels of 46475 and 22087 for BankNifty and Nifty, respectively, establishing a formidable resistance for the day...
Now market is too clattered. in this time only option seller can make money. time is not for Option buyer.
For option buyer level:
Above 46355 level we can see a goo up move.
from 45871-46200 is consolidation zone.
Tomorrow scenario:
if price open below 45800 and stay for 15 min below this price then we can see a down move of 45700 or lower.
If price...
Bank nifty has been really volatile lately and VIX has been crossing 15 more than once, the range of bank nifty even with such volatility is a clear 2500 points , and I am using the good VIX rise to trade both legs selling both calls and puts
Here for the 7th Feburary expiry, i have traded this strangle 47300 CE at 19 and 44200 PE at 18.
Expecting both to be...
Reason for short
a) Short at every 500 pts rise till Jan 15th 2024. After 15th Jan, there is possibility of correction till 1st feb 2024. It looks in Jan 2024 monthly candle, there is a possibility of doji candle, if market move anther 3.5% high from todays high.
b) It means tomorrow Friday closing forms the important level for the market as there is possibility...
Buy Bank nifty for a target of 46000. Bank near weekly SAR confirmation with squeeze momentum value at +1800. Highly unlikely to close to below 44528 on weekly basis. Very good risk reward. Sl: 30 min close below 44500
#BANKNIFTY - Bearish continues
In our earlier post, we mentioned the downside targets of Banknifty which Hit,
Now we expect a further Downfall in Banknifty and targets are around 43400 to 43800.
