Yesterday I told you will look to buy above 11820. The market made low 11833 but could not catch @ the bottom. sold 11800 PE around 11850. And book the profit around 11920. Tomorrow I will again look to sell PE till the market sustain above 11905 and will sell CE if the market sustains below 11880.
Market Range - 11800- 11650. above 11800 long and below 11650 short. but this is 150 point range and as an Intraday trader, we have to make money in between these range. i have draw a trend line if the market closes below that line in 5 min chart I will short and above that trend line, I will go long. don't wait for long profit insted book small profit multiple...
Tomorrow I will look for sell on rising, till the market sustains below 11750- 11760. will long once the market sustains above 11765.
buy and sell the level given on the chart. till date, we have 95 percent accuracy. you can chk on the previous chart . Happy Trade.
Nifty is in indecision mode. still, I prefer to sell the option. buy should be initiated above 11960 and short below 11920 and below 11860.
today our view was to buy on every dip. I update you in the live market that I am selling 11700 pe @ 52 and booked @ 42 .it closes around 28. tomorrow I will again look for buy on the dip or above today's trend line.only short if nifty sustain below today's low.
Nifty trade setup nifty is still bullish. we have been seeing gap up opening for last 6-7 days . intraday trading is tough but the best way is do scalping. tomorrow I will go long above 11910 and short below 11790. trend line t2 is short term support. above T2 market is bullish. and T1 is long term support. will sell only if the market breaks T1. there is 120...
Nifty looks strong above trade line 2. As option data suggest we can expect up movement. if the market breaks 11800 and sustain then I will look to sell put option . every dip is buying oppurtunity. if the market breaks the 11670 levels then i will look to short the market.
Today we have an excellent run around 60 points from our level. Nifty managed to close above 10653 is a very strong sign for the market. T2 represents the resent trend while T 1 represents dynamic long-term support. Nifty is long above 11684 .watch out level is 11715. if break and sustain we can see strong upside movement. aggressive short can initiate below...
After Gap up Market is trading in range. As per our view we are looking for sell on rise . in the morning I sell 11700 Ce but get only rs 2. now since then waiting for a breakout . I have drawn a trend line if the market cross the support line below the trend line than i will short and above 11616 i will buy. otherwise no trading day for me. Thank You.
As i have told i will sell on the rise on condition. As per my support and resistance, i am getting a level of 11553 but there is dynamic trade line resistance near 11570. i have taken both the position first sell 11700 ce at 11553 and again 11700 ce at 11570 with stop loss 11605. Miss the reverse trend . now for tomorrow i will again follow the same...
Will look for sell on rise . simply because risk and reward fevour short. in all condition gap down , gap up or flat market will look for short only .
Nifty Sucees Story Expiry Day AS i told you yesterday ..in case of gap up opening will buy 11300 ce and sell 11400 ce. bought 11300 CE @ 67 make high 125 booked @ 119. Rs 52 per lot sold 11400 CE @ 13.30 make high of 37 sold @ 31. loss per lot is Rs 18. i put Stop Loss around 11350 and bought 11300 ce 8 lot and sold 11400 CE 10 lot. Happy treading.
or example, if nifty break 11305 ...and sustain buy 11300 CE. as options data suggest we have very less possibility to break 11170. and nifty might open above the Range. if nifty not break the range in 30-45 min then we have range bound market and will have momentum in the second session only. MY possible setup. 1 flat opening sell 11350 ce and 11150 pe 2....
some people ask me how do we know that it's going to break the support or resisitance . frankly told you no one in this world knows. we all do work on probability. technicals give you a view of the mass psychology. best way is whenever the market approach your resistance or support sell the nearest call and put .and hedge the position to buy call or put . in this...
NIFTY TRADE SETUP Nifty has given us very easy money today. this kind of setup we get once in month . Tommrow if market opens above 11260 and sustain we can go long with for target 11300 , 11340 , 11380. if Market opens gap down below 11777 ... we will be on shorter side. if market open flat then we can see a range bound market. if market is range bound then i...