As discussed before open , bank nifty opened above the upper range resistance and continued pushing higher, we tried to short near 24650 which held the resistance from local end till last hour ,intraday margin shorts were squeezed in last hour and market broke higher hitting stops in puts by 30 points. Overall , abnormal day with market leaders pushing lower but...
As discussed before market open , Bank nifty made a high of 24277 against our projection of 24223 and made a low of 23612 against our projection of 23623. High premiums were easy for option sellers and we made use of that too. Call short gave easy 35-40% by lunch. King's India clocked a gain of 860% by the end of Week 27 , we are near our target zones of 1000%...
As discussed before open in queen's gambit , bank nifty made a high of 24339 against our projection of 24368. This logic was applied to sell 24300 CE which went 0. Nifty projections were shared in public platform from where Nifty went down 100 points post lunch. Decision range 24078-24088 Support for the day 23827 Resistance for the day 24338 Expectations...
As discussed before open , as mathematical probability went above 0.38 today , early morning post mentioned possibility of Nifty breaking past 11635 , however it made low of 11684 only , bank nifty volatility is approaching explosion zone but still few hours to go. Decision range 24294-24416 Support for the day 23928 Resistance for the day 24660...
As discussed Bank nifty opened right near our projected resistance and went to hit a low around 23924. It stayed near resistance till mid day , finally breaking above in last hour going in trend mode closing near highs. Decision range 24367-24637 Resistance for the day 25085 Support for the day 24192 Expectations Wild day with big swings Real...
As discussed before open in Queen gambit , Bank nifty broke our projected low of 24177 but hovered around the levels for rest of the day. nifty was in trend mode for which recommended 11800 PE before open which moved 4x from opening low. kings India weekly challenge ended with a gain of 787% after 26 weeks. we have almost come midway in terms of time and 3/4th...
As discussed before open in queen's gambit , bank nifty hit a day high of 24764 against our projection of 24724. We sold 25600 CE immediately which went down 60% in no time. Rest of the day was listless , afternoon high was hit around 24570 which was also shorted easily. kings India weekly challenge ended with a gain of 787% after 26 weeks. we have almost come...
As discussed before open in queen gambit , bank nifty hit a high of 24691 against our level of 24654 and it remained in narrow range for most session. Post lunch as I got many messages for some expiry trade , so we shorted bank nifty 24610 and recommended 24400 PE which went 3x in 20 minutes Decision range 24470-24480 Support for the day 24254 Resistance...
As discussed in queen gambit , 24857 was the level where algos were getting positioned for sell , bank nifty hit a high of 24823 and sold off to form a low at 24099 against our levels of 24079. overall big gains for kings and queens as expected before open. Decision range 24459-24575 Support for the day 24214 Resistance for the day 24944 Expectations...
As discussed before open , Bank Nifty made a high of 24410 against our level of 24492 which was shorted both in Nifty and Bank nifty , however range bound days give limited moves so we got whatever move was available today. Decision range 24228-24284 Support for the day 24096 Resistance for the day 24470 Expectations Trend day Real time updates...
As discussed before open Bank nifty showed a trend day breaking the 10:30 AM high after lunch closing near highs. We shorted bank nifty around 24200 high after which it went down around 250 points , algo side was neutral today after European open which pushed bank nifty back to day high and staying in top range for rest of the day. Decision range 24035-24187...
As discussed before open in Queen gambit , mathematical probability of Nifty going 11695 was going up from 3 days and somehow market was not able to fall. Today however as probability went beyond 0.4 I posted early morning message on platform that after lunch we'll see a big fall, it did , rest was history Decision range 23226-23532 Support for the day...
As discussed before open bank nifty hit a low of 23149 against our support of 23189 , put selling was rampant since morning so we showed no interest in selling lows. Afternoon move was testimony to that. Decision range 23555-23772 Resistance for the day 24179 Support for the day 23359 Expectations Violent swings Real time updates Nifty made a...
As discussed yesterday Bank Nifty hit a low of 23431 against our level of 23445. Nifty resistance for 11963 was posted in public forum. Market made an initial pull back and continued to push lower in a range. Option movement was stiff but still put buyers made some money. Decision range 23527-23602 Support for the day 23353 Resistance for the day 23704...
As discussed yesterday bank nifty made a high of 24190 against level of 24126 , I had already told before market open that we're going to see unprecedented volatility in coming days. nifty made a high of 12027 and a low of 11867 against our levels of 12041 and 11863. Decision range 23762-23873 Support for the day 23445 Resistance for the day 24085...
As discussed before open Bank Nifty exhibited trend day breaking 22423 and hit a high of 23904. Posting Monday outlook after a long time as lot of members from trading view community requested for the same. Decision range 23518-23744 Resistance for the day 24126 Support for the day 23354 Expectations Violent day with big swings Note on oncoming...
As discussed before opening , Bank Nifty made a high of 21935 against our levels of 21885 , nifty was more accurate where nifty made a high of 10827 against our 10831. Bank Nifty hit our lower range of 21373 in afternoon and we had a target of 10591 nifty before open. All trades were posted live on public platforms. Decision range 21421-21580 Support for the...
As discussed live on social media platforms , I updated 23418 is bank nifty resistance and only a miracle can take it above those levels. Failure of resistance will lead to sharp selling up to 22292. I also advised retail to abstain from buying options because premiums being very high are likely to decay in coming sessions. Seller straddles have been shared with...