Trade_with_Raghu

Trade_with_Raghu Updated 

my premarket journal for 2/5/23 Market likely to open gap up around 18150 and likely to see resistance around that level and pull back expected till 18000. There is huge Put writing at 18000 level and gapup opening might trigger sell off leading to fall in nifty. ideal scenario will be going short at 18150-160 levels with sl at 18175 for targets of...

Trade_with_Raghu

My premarket analysis for expiry day trade on fin nifty though fin nifty is in bullish mood, basis OI data, small lot of 19200 PE /19100 CE can be taken as expiry is likely to be around or below 19050. (mostly in hero zero mode).

Trade_with_Raghu

MY PRE MARKET JOURNAL FOR 24/4/23 expecting a flatish opening to the session. LOWER BAND 41800 UPPER BAND 42500 short below 42000 for targets up to 41800 long above 42200 for targets 42354/42500

Trade_with_Raghu

Below is my view on nifty for the coming week (28/4/23) On closure 15min chart is on support at 50SMA and 1day chart is on levels @ 200 SMA. Although the strong support of17580-85 was broken intraday, bulls managed to claw back and hang in for a flat closure. 17700 has huge Call OI and hence is unlikely to break above this expiry. the action will be mostly...

Trade_with_Raghu

my BN set up journal doe 21/4/23 as expected weekly expiry around 42300(42369). BN is forming a triangle pattern. support area around 42200 (15 min 50 MA) and trend line. Buy above 42350 with SL of 42300 for targets of 42450/500/600 sell below 42100 with SL of 42150 for targets of 42000/41900 Either way wait for break of trend line and support on 15 min...

Trade_with_Raghu

My premarket journal for 21/4/23 As expected expiry happened around 17600-650 (17624). the insider candle still holds on daily time frame and nifty forms a descending triangle. 17580 still hold as strong support. The day closure has taken support 50 SMA on 15min time frame. Expecting a flat to small gap up opening on 21/4/23 (17600-650 range) wait for bound...

Trade_with_Raghu

MY BN pre market view for expiry day 20/4/23 42000 is strong support level. expiry trade range likely to be 41700-42600 as per OI data with expiry expected around 42300. my trade setup: expecting GAP -Up opening around 42220 and rejection to 42100 levels before moving up. long position at about 42120 with sl at 42050 for target of 42200/42300/42350. short...

Trade_with_Raghu

My pre market journal for expiry day 20/4/23. Gap up opening likely around 17650. since the insider candle setup is not broken, the markets may still be range bound. also going by the OI data expiry day closure should be in range of 17600-17650 with trading range in 17450-17750. 17580-85 has been a strong support with the levels being tested on 3 consecutive days...

Trade_with_Raghu

round bottom and break out above 200 DMA. looking for closure above 269 for target of 293/303/313 (CMP 263.2). the stock is having low P/e compared to industry peers

Trade_with_Raghu

This is my journal for 19/4/23. Back after a week of vacays to home town markets have given 2nd consecutive day of negative closure after rally for about 10 days. 17585 is a key level as per fib on daily charts (also 200 MA levels) and market have taken support from the level. It has also formed a insider candle on 18/3/23. if markets break below 17585 and...

Trade_with_Raghu

nifty has broken the previous high of 17530 and has given closure above 17550. however after a 3 day wining streak I am expecting a sideways to lower closure on expiry day today. more over there is an RBI policy meeting outcome. any increase in rate of more than 25 basis point will pull the markets down and if RBI chooses to maintain the rates then we can see a...

05:17

Trade_with_Raghu

my pre market journal for 3/4/23. expecting upside opening, with targets up to 17480/525 and sl below 17550 if not on breakdown and retest, downside target upto 17200/250/319 with sl of 17370 Finnifty expiry today. trade with caution as good and heavy moves are possible in 2nd half.

Trade_with_Raghu

last session of the FY expecting gapup opening retest at 17100 levels and and the nifty to move up for long side trade buy after retest at 17100 with sl at 17080 for levels of 135/175/200/272 for short side, if there is a break down below 17100 and sustained on 15 min time frame, then sell below 17080 with sl at 17130 for levels 17050/17000/16950/16900

Trade_with_Raghu

My nifty trade setup for 30/3/23 Nifty managed to close above 16950 levels after drop. Going by OI data Nifty is likely to be give a flat session. the trading range could be 16850-17050. expecting a small gap up of about 30-50 points max. 17000 is a strong resistance point similarly 16900 is strong support. even if these are breached intraday, the likely close...

Trade_with_Raghu

expecting a flat tosmall gapup opening in nifty with retest at 16900 levels. expected to be in range bound 16900-17100 if retest at 16900 can expect movement up to 17100. expecting nifty to spend time at 17000 levels to erode premium and close at 17000 levels ideal setup would be longside trade at 16900 with sl of 16880 for targets of 16950/17000/17050/17100 in...

Trade_with_Raghu

nifty is range bound on 17225-16845 for the past 2 weeks and has tested the range limits multiple times. it has also formed a flag and pole pattern and is also with in downward channel. Nifty could see a small bounce back and likely to give a gap up opening on monday, but will face strong resistance at 17200 levels. any closure with volume on 15 min time frame...

Trade_with_Raghu

Expecting a small gap down to flat opening. 17050/17000 being initial support levels. below 17000 target for down side are 16950/16900. upside range would be 17100/17150/175. market is expected to be in this range of 16900-17175. long side buy above 17100 with sl at 17080 for targets of 17150/175 downside sell below 17050 with sl at 17075 for targets of 17000/16950/16900

Trade_with_Raghu

After the initial fall and testing levels if 17100, market worked sideways and closed at 17150. going by OI data the expiry should be around 17000-17200 range and hence we could see a similiar market on 23/3/23 also. till market crosses and closes above 17350, the trend is bearish and hence sell on rise is way to go. Unless FED brings up some surprises, the...