As I have mentioned in my yesterday post still my view is the same. I am not expecting Nifty Expery below 9000 and above 9500. On the first day of the expery, I have taken a short position in 9600 call (Trade Shared in my Nifty Post.) and today made a short position in 9000 put (trade shared in the yesterday Nifty post). The interesting part in the data is...
Please find the supply and demand zones in the chart. On the downside major demand zone @ 19000-19200 and upside resistance @ 20500. I will update my nifty trade in this post. So who will follow this post will get the notification.
I am expecting a sideways move in the wide range of 9000-9500 in this expery. Best way to sell the OTM call and put.
Bank Nifty closed in its demand zone @ 19700-19800. On the upside, there is a resistance @ 20450 and a major supply zone @ 21300-21850. On the downside, there is a demand zone @ 19100-19250. According to my trade plan, If Bank Nifty will sustain below 19100 then I will take a short position in FUT for the target of the next demand zone. I will avoid long...
Nifty took to support its demand zone @ 9300-9420. On the upper side minor supply zone @ 9500-9600. If Nifty will sustain below its demand zone @ 9300-9420 next support @ 8970-9000. This will be a major demand zone for this week. According to my trade plan If Nifty will sustain below 9300 then I will take a short position in FUT. Otherwise, I will hold...
21300-21850 is a major supply zone in Hourly, Weekly, and Monthly chart. On the downside support @ 20450 and demand zones @ 19700-19800 and 19100-19250. As expected Bank Nifty will open gap down and I don't know how many points it will open in negative. After a gap down it may bounce or it may go down further. I am not that much smart. So I will focus on the...
TCS closed above its major supply zone @ 1995-2010. If it will manage to sustain above this level then the price may test its upper side of the supply zones. Find the supply zones in the chart. According to the option, data highest OI in put @ 2000. I am not expecting TCS May expery below 2000. I may take a short position in 2000 put in may expery.
I am expecting 15-20 points move in Havells. I may enter in this trade if it will sustain above 565 for the target of the next supply zone @ 582-588. If it will fail to sustain above 565 then I will avoid this trade. Expecting 15-20 points move in Havells
BKT CMP: 935. There is a long unwinding on Thursday. It will come in my short tread setup if it will sustain below the demand zone @ 920-928 the target for the next demand zone. I will avoid this trade if it will not able to sustain below 920.
Nifty is facing a major resistance near its major supply zone @ 9850-10000. I am calling this zone as a major supply zone because on the higher time frame (weekly and monthly) this same zone will act as a major resistance (Shared Weekly and Monthly charts in the previous post). On the downside the is a minor demand zone @ 9500-9580 then 9300-9420 and short...
Its time for the Cash Market Stock- Breakout after 5 Years Nice and clean sideways breakout after 5 years. 650-700 is a very strong demand zone on a weekly closing basis. It will be the med-long turm trade.
Last week Bank Nifty failed to close above its supply zone @ 21000-21850. Now this zone will act as a supply zone. On the downside, there is a demand zone @ 19500-19650 and a major demand zone @ 17500-18200 for this week.
Nifty will face resistance at 9860-10000 (Major Supply Zone). There is a major neckline in this same zone. On the downside demand zone @ 9380-9560 and short turm major demand zone @ 9160-9280.
There are multiple wide demand zones in Bank Nifty on the Monthly chart. Last month Bank Nifty closed in the demand zone @ 20600-21500. On the upside, there is a major supply zone @ 23750-24000 and on the downside demand zone @ 19100-2000 and major demand zone @ 17750-18400.
Nifty will face major resistance @ major supply zone @ 9985-10250 on the monthly chart. On the downside minor demand zone @ 9450-9500 and short turm major demand zone @ 8460-8600 for this month.
Today Bank Nifty tested its Short term Major Supply zone @ 21350-21750. This same Supply Zone is there on a daily and weekly chart. On the downside, there is a minor support @ 20500 and demand zone @ 19700-19800. I will plan my trade if Bank Nifty will sustain above 21350.
Nifty closed in the supply zone of 9490-9580. On the downside demand zone @ 9230-9250. Today as I have mentioned in the telgram group that I am not expecting nifty closing below 9490. The reason is: 9490-9580 is a supply zone on a daily chart and 9490-9735 is a supply zone on a weekly chart. So 9490 is a very crucial level in a higher time frame. I am...
Today Bank Nifty closed above its minor resistance level @ 20500. On the upside there is the resistance of the trending channel and supply zone @ 21500-21800. On the downside there is minor support @ 20500.