Erratic_Trader

Erratic_Trader

Nifty and Banknifty ended up in the positive zone after the full fledged fight between buyers and sellers all day long. Our levels of yesterday worked fine as heck. Now we are seeing consolidation in bigger picture. Its gonna be a little bit tough for the option buying as market was almost trending all of the days in the past week. We might as well see more...

Erratic_Trader

NIFTY is not very indicative for now, we saw a huge fall today specially in Banknifty, while NIFTY held out good despite the Liquidity Void it had from 31 Jan rally. Now OI is -ve for both of the instruments, we shall see the price action on these levels. I am a little bit biased towards bullish movement but yes after a bear trap or consolidation. Let's see what...

Erratic_Trader

FINNIFTY is at its crucial bottom. If it breaks it tomorrow then we will wait for the most likely see the bear trap on which we we will enter for long positions and if it breakdown the bottom and comes to retest then we will enter short positions after seeing some confirming bearish candles. Seeing OI Data, Market looks mildly bearish. We will make our positions...

Erratic_Trader

Nifty and Banknifty gave a good breakout from their earlier resistance levels, Nifty touching its all time high and now it came back to retest the breakout level. Depending on the Gap UP/Down/Flats trades will be planned. Price action after 1st hour of flat or gap up opening will give us the signs of the next movement. -ve opening may fetch the market down in a...

Erratic_Trader

Nifty made a good triangle pattern in 15 and 5 min Timeframe and gave a breakout and retest scenerio on 21700 levels. Well, since tomorrow is a BUDGET day which is gonna be released on 11 am. I am gonna avoid all the morning trades due to the volatility in the market in the morning session. Premiums will be high too in the morning because FIIs/DIIs will be waiting...

Erratic_Trader

Market is showing weakness at these levels. Will be looking for any down moves. There is a little less liquidity in the madcap so beware while trading your setup. Cheers!

Erratic_Trader

Market went sideways. It was a shit show for options buyers like me. Well, Hoping for a good day tomorrow. Cheers!

Erratic_Trader

Market went sideways. It was a shit show for options buyers like me. Well, Hoping for a good day tomorrow. Cheers!

Erratic_Trader

These are important Levels for Banknifty for Monday. 'Yellow' markings are very important since they are combination of Fib levels and Price Action. Any breakout/rejection from these levels can give good momentum on either side. Since I am a little biased on the bullish side for tomorrow, breakout from Yellow zone and TL will give me a good conviction to go long...

Erratic_Trader

These Levels are important for NIFTY 50 for Monday. Any rejection from these levels or breakout on these levels can lead to good movement on either side. 'Yellow' markings are important Fib levels which includes a bit filtration with Price Action. Hope you have a good day tomorrow. Good Luck!

Erratic_Trader

In my analysis of the Nifty index on the 15-minute time frame, I'm focusing on a potential breakout entry and employing price action to determine optimal exit points, all while incorporating a trailing stop loss. The trade carries significant conviction due to a robust breakout from a strong supply zone, further reinforced by the presence of a parallel...

Erratic_Trader

Important NIFTY 50 levels, entry, exit and targets.

Erratic_Trader

Entry Levels are market with stripped blue line and Target points are marked with green line on Intraday Chart. Enter at the closing level of blue stripped line on 15m TF. exit at the target point. Don't further wait. Good luck!

Erratic_Trader

Bearish or Sideways on CPR. Short Trades. PS: I am Novice :p