Bigbear2022

Bigbear2022 Updated 

Nifty Update on request of Raunak Goswami I would also like to shed some light on trading system , stop loss and targets. 1. If market opens above decision range , then 7/10 times it'll stay above decision range whole day. If we are shorting market we'll go short near resistance and try to cover some where inside decision range. If we are going long we wait...

Bigbear2022

As discussed Bank Nifty sold off near our resistance and fell back deep into our decision range giving hefty gains to call shorts and put longs. Decision Range 32113-32154 Resistance for the day 32309 Support for the day 31917 Expectation Sharp Down move during mid day might come My trade I'll try to short calls near resistance

Bigbear2022

DLF intraday analysis on request of Vikas Khetripal Expectation Selling in mid day , 235.85 might be tested Decision Range 234.9-237.1 Support for the day 231.45 Resistance for the day 242.7 My trade I don't trade stocks , but I'd have tried shorting 240 call near resistance

Bigbear2022

As discussed Bank nifty opened above resistance , and price level followers instantly knew that a big trend day is on cards and selling puts or buying calls will yield big money eod. It happened exactly as we thought and tremendous day for level traders. Those who trade on gut feeling or overbought/oversold indicators were royally slaughtered. Decision Range...

Bigbear2022

Posting levels for mitesh Thakkar Decision Range 94.7-95.15 Support for the day 93.85 Resistance for the day 96.25 Expectation Resistance of 96.25 might be tested tomorrow

Bigbear2022

As discussed Bank Nifty opened with a big gap down below support level, however it managed to close above support in 15 min, rallied back to decision range lower range sold off and rallied back again from support zone. Overall tremendous day for range traders. Decision Range 31172-31305 Resistance for the day 31580 Support for the day 31030 Expectation...

Bigbear2022

As discussed Bank Nifty found day high at our resistance and decision range was enough reference to go long in mid day for heft gains towards close. Decision Range for the day 31438-31523 Support for the day 31116 Resistance for the day 31769 Expectation Initial rally to get sold , sharp up move towards close My trade I'll try to sell calls at...

Bigbear2022

As discussed Bank Nifty broke below support of the day 31908 and kept crashing whole day unabated. Overall jackpot day for put buyers / call sellers. Note : Trading view has blocked my bank nifty idea for 6 Jan and Dlf short idea because I mentioned my twitter handle in the post , so I won't be posting anything here which might seem to be unsolicited advertising...

Bigbear2022

As discussed Bank Nifty remained constantly in decision range to gather enough steam to break past resistance in last hour. Good day for call buyers / put shorts. Decision Range for the day 32292-32392 Support for the day 32221 Resistance for the day 32563 Expectation 32232 might be tested tomorrow , mid day might see some selling My trade I'll try to...

Bigbear2022

As discussed Bank Nifty found day high and day low right at our resistance and support levels. However , not much was possible today owing to low volumes. Decision range for the day 32137-32199 Support for the day 31989 Resistance for the day 32282 Expectation 32282 might be tested tomorrow My trade I'll try to short puts near support

Bigbear2022

As discussed Bank Nifty found a low near our support level and bounced up to decision range during mid day. However trading constantly below decision range for most of the day gave up some breathing space to call writers in last 30 min breaking below support level which was any how inconsequential to us as it was very late in the day to affect our...

Bigbear2022

As discussed Bank Nifty found resistance at our levels and dropped down sharply to decision range low , which also proved to be day low and gave good opportunities to short calls or buy puts. Decision Range for the day 32382-32432 Resistance for the day 32563 Support for the day 32196 Expectation Resistance of 32563 might be tested My trade I'll try...

Bigbear2022

As discussed Bank Nifty opened above decision range and stayed above resistance for whole day giving good opportunity to short puts. Decision Range for the day 32257-32357 Support for the day 32171 Resistance for the day 32553 Expectation Day High to be made in first hour. Some selling might be seen in last hour My trade I'll try to short calls at resistance

Bigbear2022

As discussed bank nifty found support near our levels and tried to find some strength , however breach of support during mid day opened up downtrend move which kept smashing lower level calls and no recovery was possible after breakdown expansion. We tried shorting puts at our support levels but were stopped out after some initial gains. Decision range for the...

Bigbear2022

As discussed market traded in a range yesterday, could not close 30 min above decision range and gave good oppurtunities to option sellers at highs and lows. Decision Point for the day 32293-32319 Resistance for the day 32364 Support for the day 32221 Expectation Resistance of 32364 might be tested today , break and sustain --> close at day high My...

Bigbear2022

Apologies for delay in update as I was air borne in the morning , just landed in Singapore. Decision point 32339-32349 Support for the day 32190 Resistance for the day 32495 Expectation rangebound, buy lows sell highs My trade I'm out of office , will join on thursday

Bigbear2022

As discussed , Bank Nifty moved above our resistance level and found support whole day which provided ample opportunities to short puts whole day. Overall good day for option sellers. Decision Range for the day 32321-32362 Resistance for the day 32486 Support for the day 32243 Expectation Range bound , some selling can be witnessed in last hour....

Bigbear2022

As discussed Bank nifty made a low at our support zone and moved above decision range from there. Overall, very good day for option sellers. Decision Range for the day 32207-32230 Support for the day 32107 Resistance for the day 32350 Expectation Initial dips getting bought , sharp rally in afternoon My trade I'll try to sell puts near support