With downside in morning to upside momentum created a Hope among buyers. Further now 39500 is very crucial level for further trend. If break We can see a good move upto 40k level. There is fresh addition on CALL writing but he Data is not strong enough or we can say resistance is not strong enough. If we get rejection form 35920 level the we can see downside move...
NIFTY didn't make above 17900 today and expiry was volatile and both side movement has been seen. Further trend deciding level is 17800 if break then 17700 and 17600 are week Support on the upper side 17900 is immediate resistance. We do not have much data in option chain.So we have to look for 1-2 trading days for clear picture :)
What a volatile Expiry We get both side chance. Smart Trader Made good profit with Both side profit. Further Important level to Watch is 39000 is break more downside possible and on the Upside 40000 s now strong resistance. Option Chain Data is not much buildup for new expiry so we will get clear picture with 1-2 Trading Days. Further Global Sentiment is also important. :)
Nifty Behaves exactly same way as predicted. Now Keeps eyes on 18000 level if break we can see good rally on the downside 17800 is acting as support now.. 18000 CE can be taken if sustain above 18000 level. As small CALL unwind in is seen at 18000 levels :)
Banknifty Behaves exactly as analysis done. As we have seen PCR was oversold so some recovery was expected. Further important level to watch 39800 and 40000. As expiry is on Wednesday tomorrow session may be volatile. We can see some profit booking or selling pressure at 40000 level. But if BankNifty break 40k level and sustain the we can see huge rally toward...
What a water fall. There is no much data in Option Chain Yet. We have to Look for Global Sentiment and fresh data on Monday Important levels are marked. Price Action Telling Nifty to take Support from 17500 level and Bounce back but there is not much data Buildup by PUT witter for Support, so we can not do correct analysis as far now. We Will watch Monday Fresh...
What Panic Selling in the market. Bears tried today to push down more..but Banknifty Taken Support from 39000 level and bounce back. Further level to watch for down side are 39000 if break then 38426 and then all way to 37808. On the Upside 39462 is very crucial level as Call Writer have fresh position on 39500 on breaking up 39500 we can see 40000 level and...
Sentiment is bearish but we have to mind the important level for down side 18198 as 18200 is now acting as Support and Small resistance also. For upper side 18335 is important level. In between we will do no trade :)
After huge momentum, we have seen profit booking in the upper zone. Further level to watch 40760,40617 for downside as we have week support and on breaking 40500. Bank Nifty Can slip to 40000 level where there is strong Support zone. on the upper side we can se bounce back from 40617 & 40500 level if Bank Nifty open down take support here and if open gaup and go...
Our Analysis work well in Nifty too. Now Nifty is range of 18300 to 18200 if 18200 break we can all way to 18000 levels and on the upper side 18355 and 18400 is important level if sustain above these level Good Momentum Can be seen. But there is Strong Call Writing seen at 18400 and 18500 level . Writer have parallel position on both side so we can see volatility...
Analysis and Levels Given Yesterday Work Well. Although We could not notice Stip fall Bull were trying their best to Maintain the Index but profit booking was going on from yesterday. Tomorrow is expiry stay lite with your quantity as session to remain very volatile. Important level to watch 39580 for Upper side and 39309 for downside. Play Hero Zero without SL...
As predicted market behave exactly the same way, We booked good profit in BankNifty PUTS. Further lever to watch is 39500 if break we can see 39309 and then 39000 level. I think still there is room for more downfall but market is supreme we will trade accordingly. Level are drawn on Chart :)
As predicted at the same Point profit Booking came. Now Major level to watch for downside 18355 and In my view there will downside to a sideways market. (Rangebound). Now the Opportunity will be live for small profit..like "Mauke per Chauka ", as sideways market is good for option buyers. Sentiment is still down bull will try their best to make the upward movement...
We have seen again GapUp day, Nifty tried to break 18500 level but price does not sustain properly above the level. Important level to watch for tomorrow is 18500 and then 18600 as 18550 is week resistance and on the downside if 18450 broken we can see profit booking upto 18400-18300 level. My view Still there will be profit booking in coming session...Let See :)
As predicted BankNifty Open GapUp and tries to make a new High toward 40k levels but as per Option Chain Data Call Writer Have strong Position at 40000 level so many time during the day we have seen rejection and Profit Booking. Further Important level for downside to watch is 39580. I am expecting a correction in upcoming session. Strike to Watch 39500 PE and 39000 PE :)
What A Bull Runs....though stock were not so strong... but as predicted on breaking our crucial level CALL Writer get trapped and Short covering rally leads NIFTY to make new ATH. Also global sentiment were positive and TATA Group Stocks made investor Happy. Further Important level to watch is 18354 as 18350 have week call writing done if break then 18400 and on...
What a Crazy Bull Run :)..... As Predicted and Level given earlier. the market open gapup with global positive sentiment and goes sideways hunting only Stop Losses of Option Buyer. Suddenly as our level broken a huge momentum seen. There are two reason one call writer at 39000 level get trapped and also 3 days is holiday due to which week hand closed their...
We have seen good rally today (onesided) due to major stock of Nifty Bullish. Further tomorrow very important level to watch is 18200 for upside if break call writer will be trapped that can lead nifty to 18300+ level. If Nifty Open GapUp above 18200 and sustain for 10-15 momentum we can but 18200 Call. Expecting a profit booking zone near 18250-300. On the Other...