Swapilchoksi

Swapilchoksi Updated 

As I have mentioned in my Thursday post that Bank Nifty may be strong in the coming week. My view is still the same. Bank Nifty may outperform this week in comparison to Nifty. 19650-20450 was a strong supply zone on the hourly chart and 21000-21450 was a strong supply zone on the weekly chart. Finally, Bank Nifty weekly and closed is above these major...

Swapilchoksi

On the daily chart next supply zone @ 20800-21500. If it manages to close in this zone or above this zone then the next supply zone @ 21750-22500 and the major supply zone @ 23900-24750.

Swapilchoksi

On the daily chart minor supply zone @ 9320-9480 and strong supply zone @ 9680-9900, On the downside short term strong demand zone @ 8650-8850. tgram a t swapniltradingroom

Swapilchoksi

AMARAJABAT CMP: 541. 525-533 is a minor demand zone and 505-512 is a strong demand zone. If it will sustain above this zone then it may give swing to its next supply zone 572-578 / 592 / 610-620. It will be the short turm long trade swing trade for me. ( 1-5 days).

Swapilchoksi

Just Dial is crossing its supply zone @ 447-449...If it will manage to sustain above this zone then it may test its next supply zone @ 376-378 and 406-410. On the downside 325-330 is a very strong demand zone on the short turm timeframe.

Swapilchoksi

Bank Nifty weekly chart is interesting. 20000-20460 was a supply zone but last week cendal managed to close above this supply zone. So now 20000-20460 is now the demand zone on the weekly chart. If it will manage to hold this level then next resistance @ 21600 and major supply zone @ 23700-23900.

Swapilchoksi

On Friday Nifty tested its lower level of its supply zone 9330-9600 but failed to close in this zone. In this coming week, 9330-9600 may act as a resistance and in any case, if it will manage to sustain above this zone then the next major supply zone @ 9850-10000. 8800-8950 is a demand zone on the downside.

Swapilchoksi

Is DJI started its downtrend journey? I think it's too early to say this because right now DJI is trading in the consolidation zone. On the upside major resistance @ 22350-23350 and the downside major support @ 15800-16100. Between these two major resistance and support zone, there is also a consolidation zone @ 17000-22500. I am not accepting V shape recovery in...

Swapilchoksi

-- Bank Nifty weekly closed below it’s demand zone 17500-18100. On the downside next demand zone @ 15500-16300. 15500-16300 is a very strong demand zone on weekly as well as on the monthly chart. -- If Bank Nifty will sustain below 17500 then it may test this major zone also i am not seeing bank nifty below 15500-16300. Intraday Supply and Demand Zones. tgram a t...

Swapilchoksi

-- On the weekly chart 1st major demand zone was 8100-8350. Last week Nifty closed below this level so now this zone will act as a major supply zone. -- As per weekly chart nest 1st demand zone @ 7650-7750 2nd demand zone @ 7400-7550. In any case, if Nifty will not hold these two zones then the next major demand zone @ 7000-7100. Also, there is a strong demand...

Swapilchoksi Updated 

Nifty closed below it’s demand zone @ 81120-8165. Once it sustains below this zone on Tuesday then it may test its next demand zone @ 7750-7050. Carried short position in option because it will get the benefit of 3 days time decay.

Swapilchoksi Updated 

Nifty closed below its demand zone @ 81120-8165. Once it sustains below this zone on Tuesday then it may test its next demand zone @ 7750-7050. Carried short position in option because it will get the benefit of 3 days time decay. tgram a t swapniltradingroom

Swapilchoksi

Bank Nifty major demand zone @ 17500-17600. If it sustains below this zone it may test it’s next support @ 16650 and demand zone @ 15300-15600. If it will manage to sustain above it’s demand zone then I may see OTM call and put.

Swapilchoksi

Nifty major demand zone @ 8120-8165 and supply zone @ 8450-8480. If Nifty will sustain below its demand zone then it may test it’s next support @ 7500 and may break the recent bottom. If it will sustain above its demand zone then it may be sideways and I may sell OTM call and put options. Decreasing IV will also help to sink the option premium.

Swapilchoksi

Bank Nifty closed below its major supply zone @ 19300-20000. This is also an important zone on the weekly and monthly charts. Now sustain below this zone Bank Nifty may test its next demand zone @ 17500-17800.

Swapilchoksi

Nifty closed in the major demand zone @ 8200-8380. Once it will break this zone it may test it’s next demand zone @ 7750-7900 and 7250-7430. On the upper side I may think for a long trade once it sustains above the 8700-9060 zone. 8200-9060 will be no trade zone for me.

Swapilchoksi Updated 

Nifty closed above its reversal zone @ 8200-8380. Now this zone will act as a major support zone. On the upper side, there is a wide range of minor supply zone @ 8700-9060. As per my trading plan, I will avoid long trade below 9050 and avoid short trade above 8200. In short 8200-9050 will be the no-trade zone for me. Due to high volatility, I will avoid options...

Swapilchoksi

Bank Nifty closed in the major supply zone @ 19815-20840. On the downside, there's one more supply zone @ 19180-19500 and upperside 21500-2170. Please find the supply and demand zones in the chart. tgram swapniltradingroom