IndexxTrader

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Nifty affecting indicies Dow and Nasdaqe looks positive for next 2 weeks, We can see 32150 & 32850 levels on Dow, That means Indian markets may trade positively for next few days, There may be some minor corrections in some days, but overall we can see 16750 on Nifty and 35800 on Banknifty in next 1-2 weeks,Important Support for Nifty would be 15965 and 34275 for...

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Index analysis on the basis of, OI data Price change DII FII SGX Nifty Dow Jones & Charts Hi Friends,

IndexxTrader

Nifty Expiry Trade & Analysis 09/12/2021 , Nifty trade strategy Nifty expiry trade analysis based on, OI Data Chart Dow Jones SGX Nifty

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Banknifty analysis and trade strategy for 9/12/2021 on the basis of OI data and Charts, A Channel breakdown may possible if not sustain at upper levels.

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Nifty was in a down trend channel, on lower highs and lower lows , today at 17090, NIfty broken down the channel, Tomorrow, if NIfty sustain below 16900, Short Nifty, Tgt 1 - 16700, Tgt 2 - 16351 SL - 17025

IndexxTrader Updated 

Banknifty is near to upper level of 15 minutes trend line from 27th Oct. 21, If BN crossed and close above 38100 today, A fresh up move can be seen for a target of 38248, 38735, SL 37700

IndexxTrader Updated 

Today Nifty closed below 17500, at 10.32pm, Dow -60 points, Nasdaq +7 points & SGX Nifty -90 points, Slightly negative opening expected, Call side highest OI at 17500 & Put side at 17300, Cumulative highest OI at 17500 & 17600, After flat to negative opening, Call side premium may decrease in first half and in second half we may see put side premium...

IndexxTrader

The adjusted closing of NIfty at 17025, H&S Neck line already broken, A fresh channel break down happened, FII watching the drama, Covid playing in the globe, Be careful. Trade, If Nifty start trading below 17000, Short Nifty , Tgt 16850, 16700 & positional 16350 SL is very deep. 17620

IndexxTrader Updated 

The adjusted closing of NIfty at 17025, H&S Neck line already broken, A fresh channel break down happened, FII watching the drama, Covid playing in the globe, Be careful. Trade, If Nifty start trading below 17000, Short Nifty, Tgt 17850, 17700 & positional 17350 SL is very deep. 17620

IndexxTrader Updated 

Don't get trapped in bounce back, all positions are made by domestic, FII not interested, and when somebody from outside is not showing interest , means, there is something wrong, which we are not able to see. Nifty lost 600+ points in a single day and took 3 days to recover 300 points, No any quality buying, So enjoy the rally but with strict SL and try not to...

IndexxTrader Updated 

Today nifty broken H&S pattern neck line, New fresh positivity can be seen only if Nifty sustain above 17750, If Nifty break 17280 in tomorrow's session, Short Nifty, Tgt 17225, 17000, 16700, SL 17430 Call writers playing smartly, Fresh call writing generating only after breaking each important level.( Very Smart ), Hence they r not getting trapped.

IndexxTrader

If you observe, Call writers writing the calls only after breaking the each level, where they can generate the fresh resistance, Bulls trapped badly, Nifty can survive only if FII start buying, else, H&S pattern neck line broken. Fresh Nifty Support 17000, 16700, 16365, 15965 Trade, Sell Nifty at 17400 Tgt 17330, 17250, 117150 SL 17525

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Without hitting SL our one target achieved today, PCR showing over sold indication, If opened and sustain above 18075, Long Nifty, Tgt 18125, 18175,18225 SL 17975

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As expected, BN traded at short side today, Our both targets achieved, Closed above 38300 after adjustment, 38300 is a important level, PCR indicating over sold, MACD over stretched, RSI at lower level, If BN test 38127 tomorrow, a sharp bounce back may surprise us, If start trading above 38425, Long BN, Tgt 38550, 38620, 38780 SL 38250

IndexxTrader Updated 

Nifty got failed too sustain above 18200, FII may not continued buying, I think todays positive consolidation happened because of local traders and investors, Tomorrow if Nifty break support of 18060, Short nifty, Tgt 17990, 17945, 17900 SL 18150 Long side trade can be initiate only if Nifty sustain above 18225, On 15 minutes timeline, MACD is in negative...

IndexxTrader Updated 

Banknifty not able sustain at upper level, In day chart . RSI and MACD both are in negative direction, Clear trade in bank nifty is sale on rise. If sustain below 38550, Short BN, Tgt 38400, 38114, 37900 SL 38780

IndexxTrader Updated 

Nifty closed in the middle of a 115 minutes channel, RSI showing good strength, MACD in negative mode, Conclusion, If opened above 18130, Short covering possible, which will take nifty 18175, 18200, 18225, But as RSI at higher level, MACD slightly negative, sharp profit booking possible at higher levels, If FII start buying, then only Nifty can continue...

IndexxTrader Updated 

BN closed near important resistance level of 38780, RSI weak, MACD negative, If opened and sustain above 38800, long BN, Tgt 38950, 39100, 39225 SL 38750 If start trading below 38700, Short BN, Tgt 38550, 38400 SL 38780