Bigbear2022

Bigbear2022

As discussed before open , Nifty made a day high right at our level of 13352 and went down during mid day giving trading oppurtunity to traders , Nifty future made a high at our levels. Queen gambit is open for traders to join for next week. Decision range 30147-30192 Support for the day 29985 Resistance for the day 30394 Expectations Big trend day...

Bigbear2022

Weekend wrap As discussed in queen gambit before open , Bank nifty made a morning high of 29980 against our level of 29982 and Nifty future hit a high of 13297 against our levels of 13287,traders made good money , Despite such timing and anticipation, options are unable to move much as pros and locals are heavily shorting options as new rules have forced small...

Bigbear2022

As discussed before open on queen gambit and public channel (description in profile ) bank nifty hit a high of 29813 against our levels of 29888 , nifty hit a high of 13216 against our level of 13221. Morning opening sell near upper range was only choice today , with low volatility not allowing any major mid day moves. Option selling margin hike is not allowing...

Bigbear2022

As discussed in radio channel ( description in profile ) in morning , bank nifty hit a high of 29919 against our level of 29932. market was range bound as anticipated giving nothing much to traders. new margin rules have restricted options selling capacity , due to which we will now try spreads besides option buying as market begins to show some movement from...

Bigbear2022

As discussed in radio channel (description in my profile ) , Bank nifty hit a low of 29368 against our projection of 29384 and continued in a range bound range as anticipated. New selling margin rules has restricted retail traders from option selling so King's India weekly channel has been discontinued. It closed with a gains of 792% over a span of 28 weeks....

Bigbear2022

As discussed in radio channel( link in profile ) and queen gambit before open , bank nifty hit a low of 28923 against our support of 28806 which was posted when around opening itself. Market had wild swings , lot of traders messaged that why was this an expiry to remember as wild swings is nothing new for bank nifty. Nifty had an expiry above 13000 for first time...

Bigbear2022

As discussed in radio channel( link in profile ) and queen gambit before open , bank nifty hit a high around 30197 against 30224 ( our projection) and followed the path traced yesterday. Algo side was particularly active today , with locals trying to match bids during mid day around 29800-700 zone , last hour paved way for further selling with Bank nifty reaching...

Bigbear2022

As discussed in radio update and queen gambit , bank nifty remained in hyper volatile mode whole day despite remaining in a shallow range. Day high projection was 29689 , however bank nifty could only manage 29492 at opening. Morning hour action was followed by a very slow day with not much action. Decision range 29077-29171 Support for the day 28746...

Bigbear2022

As discussed on Thursday Bank nifty hit a high of 29406 and a low of 28580 against our projection of 29417 and 28591. Real time low was updated in radio channel ( description on profile page ). Big swing day propelled bank nifty from day low to hit day high in final hour of trade, algo side selling resumed in final minutes bringing back markets into balanced...

Bigbear2022

As discussed on radio channel and queen gambit before open , bank nifty hit a high of 29627 against our levels of 29595 and fell for good. Bears had a field day hammering markets from algo as well as local pro side. Nifty levels were updated before open. Big expiry was our expectation from yesterday and market proved us right. Decision range 28997-29237...

Bigbear2022

As discussed before open and right after open in trading radio channel , Bank nifty hit a high of 29424 against our resistance of 29421 and made a low of 29275. market pushed past resistance in last hour hitting high of 29784 as morning high was taken out. Nifty hit a high of 12948 against our levels of 12968. Decision range 29412-29638 Support for the day...

Bigbear2022

As discussed yesterday and today before open , market showed big expiry move but news and events in afternoon stole the thrill of traders with bank nifty trading in a narrow range whole day not allowing buyers to do anything great. Decision range 28305-28388 Support for the day 27974 Resistance for the day 28628 Expectations Explosive trending day...

Bigbear2022

As discussed yesterday and before open nifty made a high of 12769.75 against our pre opening level of 12769 , bank nifty hit a low of 28211 against our projection of 28246. Uni directional market has now transitioned into volatile phase and will soon be unidirectional again. Decision range 28616-28772 Support for the day 28321 Resistance for the day...

Bigbear2022

As discussed before open , bank nifty remained in trend mode all day hitting high of 28802. Our level of 28353 was taken out by market post lunch and puts got stopped out by 30 points before hitting target zone. Unidirectional markets are giving good money to overnight call buyers due to big gaps which are surprisingly sustaining from last week. Short side traders...

Bigbear2022

As discussed in morning before open and also on public platforms algo placed a sell order of 100k at 27432 and we were quick to spot that , mkt fell almost 350 points from there giving good chance to traders today on short side. European markets still in US election euphoria not providing any selling impetus to algos so market went back to close at highs pushed by...

Bigbear2022

As discussed before open Bank nifty made a high of 26492 against our high of 26507 before lunch. It broke past the resistance post lunch to hit a high of 26853 and continued to trade in the top range without giving any correction. option buyers got stopped by 30 points post lunch one may argue that buying past resistance makes sense , but it's not easy to...

Bigbear2022

As discussed before open , bank nifty made a high of 26375 against our levels of 26383. however , market continued to trade in top range 80% of time not giving much chance to traders. options continued to trade in small but explosive range , good for scalpers only Decision range 26169-26274 Support for the day 26072 Resistance for the day 26463...

Bigbear2022

As discussed before open , bank nifty opened above the upper range second day in a row , next resistance posted was 25714 , bank nifty hit a high of 25760. We tried shorting against the resistance but option movement was listless today , giving no movement. Overall , dull day for intraday traders , positional traders having a blast in big gaps leaving nothing on...