Swapilchoksi

Swapilchoksi

Today Nifty final closing was 11992 (below its supply zone @ 12000-12010). Tomorrow may be Nifty will trade in a wide range. If Nifty will sustain below 12000 then I may short Nifty OTM call and if it will sustain above 12000 then it may test 12060, in this case, I may avoid the trade. Trade Well

Swapilchoksi Updated 

Hello, Finally today Nifty closed below its major demand zone @ 12085-12120. Now, 12085-12120 is a major supply zone and 11975-12000 is a major demand zone. As I mentioned in yesterday's post today, I made a short position in 12100 calls and carried this position. Future selling may not be a good juicy trade so I will make my position in option writing in the...

Swapilchoksi Updated 

Hello, For Bank Nifty now major supply zone @ 30900-31120 and demand zone @ 30550. Tomorrow if it will sustain below 30550 then it may test the next support zone @ 30120-30210 very easily. I will sell BNF in this case. Open Position: On Friday, Sold 31300 call @ 120 (closed @ 62) and 31200 call @ 140 (Closed 80).

Swapilchoksi Updated 

Hello, As I have mentioned in my Nifty Weekly Analysis post that my view is bearish in Nifty. I will change my view once Nifty will sustain above 12265-12300 this week. Find the link below. Intraday Demand Zone: 11975-12000 Intraday Supply Zone: 12085-12120 On Monday:- If it will sustain below 12080 then I will start short OTM call options. and Once it will...

Swapilchoksi Updated 

Hello, Intraday Supply Zone: 30900-31110 Intraday Support @ 30550-30600 and 30110-30210 On Friday BNF closed below its major demand zone.( My yesterday STBT position in the comment section.). If it will sustain below its major supply zone @ 30900-31120 then I will short OTM call options. In intraday, once it will sustain below 30600-30550 then I will short Fut....

Swapilchoksi

Hello, Bank Nifty Weekly Demand Zones: 30450-30500 & 30150 & 30820-30900 & 29600-29670. Bank Nifty Weekly Supply Zones: 30900-31120 & 31450-31650 & 31900-32100 BNF may give a strong downside moment once it will sustain below 30500. I will be bullish once it will sustain above 31560 in this week.

Swapilchoksi

Hello, Demand Zones for this week: - 12085-12120 & 12000-11975 & 11900-11880 & 11835-11800 & 11740-11725 & 11635-11610 Supply Zones for this week: - 11200-11300 In any case, if Nifty will sustain above 12250 then possible to see higher levels but possibility is very low for this option. If this time Nifty will sustain below 12000 then it will test lower demand...

Swapilchoksi Updated 

Hello, As I published in my yesterday post that Nifty will be strong if it will sustain above 12160-12170. If it will sustain above 12170-12200 it may test 12270-12295 and downside support @ 12160-12170 and 12115-12085. I will avoid a short position. Trade well

Swapilchoksi

Hello, BNF is trading near its supply zone. Tomorrow if BNF will sustain above 31550-600 then I may go long and below 31300 I may go short. Please find the supply and demand zones in the chart. Trade Well. Bank Nifty: Supply and Demand Zone for Expiry Trading

Swapilchoksi Updated 

Yesterday I was bearish but today it opened the gap up and closed near the demand zone. Demand Zone: 12085-12115 Supply Zone: 12160-12170 Resistance: 12300 Tomorrow if it will sustain above 12170 then I may go long. I will be more confident once it will sustain above 12200, in this case, I may add more qty in the long side. If it will sustain below 12085 then I...

Swapilchoksi

Hello, Supply Zone @ 31550-31720 Demand Zone @ 30800-31020 Bank Nifty trading in a wide sideways range. Tomorrow I may go with the option writing.

Swapilchoksi Updated 

Hello, As I have mentioned in my weekly analysys, I am not bullish in NIfty. Major Supply Zone @ 12085-12115 and Major Demand Zone @ 11950-11975 On Monday if it will sustain below 12085 then I will go short for the target of next demand zone. Trade Well

Swapilchoksi

Hello, Demand Zone @ 31020-31100 and 30600-30450 and resistance @ 31440 On Tuesday there is a possibility that Bank Nifty may underperform. If it will sustain below 31100 then it will get a first bearish signal. I will go short in once it will sustain below 30900. The above view will change If it will manage to sustain above 31100. Trade Well.

Swapilchoksi

Hello, As I have mentioned in my yesterday's Nifty Post for Intraday Trade. I have mentioned my bearish view on Nifty. Now Nifty Supply zone @ 12085-12115 and Next Demand Zone @ 12025-12035 and 12950-12975. My view is still bearish but tomorrow expecting a wide sideways move. Trade well

Swapilchoksi

Hello, Auropharma is looking good short term buy stock. The stock closed above its major neckline at 536 with volume. It will remain strong above this level. Now Next Major Supply Zone @ 620-640 Zone. Bought this stock on Friday for intraday trade, I may buy again for my short term target of 620-640. Trade well

Swapilchoksi Updated 

Hello, Bank Nifty chart is stronger than Nifty Chart. There are multiple demand zones in downside. Bank Nifty will be strong if it will sustain above its neckline @ 31440. Please find the demand and supply zones in the chart. Trade Well.

Swapilchoksi

Hello, As I have mentioned in my Bank Nifty Weekly post, Bank Nifty chart is stronger than Nifty. 1st Major Supply Zone @ 31375-31475 1st Demand Zone @ 30900-31050 2nd Strong Demand Zone @ 30600-30660 Neckline @ 30500 I am not expecting tomorrow BNF will sustain above its first supply zone. If it will sustain then I will plan for a long trade. On the downside,...

Swapilchoksi

Hello, Nifty is ready for the big move in this week and the maximum possibility is that this move will be on the downside. On the upside, it's difficult to trade above 12200-12300 zone. I will change my view once it will trade above 12300 in this coming week. I will watch 11700 and11600 zone, in any correction nifty will take support from 11700 or 11600 levels....