ajayekka002

ajayekka002

On February 13, 2025, the Nifty 50 index witnessed a volatile session, ultimately ending slightly lower. The index opened at 23,055.75, touched an intraday high of 23,235.50, dropped to a low of 22,992.20, and closed at 23,031.40, recording a mild decline of 0.06%. The USD/INR pair stood at 87.04. XAU/USD pair trading at $ 2928 well 2.15% above the previous...

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Nifty expected to make a range bound expiry. 23159 resistance till 22859 is expect to end as a support support. Major components show mix directions. All together writing day again ₹

ajayekka002

Yesterday, Nifty 50 saw a sharp decline of 300 points, driven by heavy selling in overvalued small-cap stocks with weak earnings. The index formed a long bearish candle, indicating a shift in support levels down to 22,700. For today, the market is expected to remain range-bound, with premiums declining on both sides, particularly on call options.

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Market expected to remain range bound between 100 to 150 points with major components turning flat. OTM writing on either side will be beneficial… With safety margins…

ajayekka002

Market recovery of around 0.65%. i.e 148 points around which is a good sign. But premium tends to remain flat from 2-3 OTM strike prices. That means market movers are still cautious. The budget has given boost to the middle class by means of tax relief & 2 house tax nil news which means there will be more consumer spending and will increase. So NBFC and banking...

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Contd from budget day disheartenment & trump tariff looms. Market expected to face resistance at 23500 levels. Market expected to correct near 22800 levels if any new statements come from the industry. Specific stock results may not affect the course or movements of stock.

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Market ended flat post budget. But we need to focus on what will be next from here. nifty futures hovering at 23500 downward side which is a kind of negative signals for the days to come where market can correct upto our initial support levels of 21800 till March 16th 2025. So more focus should be on WRITING OTM CALLS where ever you fell the volatility is high and...

ajayekka002

Nifty expected to remain flat +-50 due US tariff change fear on brics. Focus on IV and write Otm accordingly. Neutral will be the call today as for next 2 hrs candle formed.

ajayekka002

Axis bank fundamentals look weak and is expected to correct more to s1, s2, s3 levels. Long term hold suggestions.

ajayekka002

Nifty to recover 50 points around and stay humble. Premium eat up day on put side.

ajayekka002

Market pre open is flat. Expecting this to be a premium eat up day from the put side . Stay neutral to downwards.

ajayekka002

Ext of resistance 23346 which should be broken & converted to support zone today if nifty tend to move upward. 23106 will act as a strong support zone. Stay positive or neutral.

ajayekka002 Updated 

Nifty expected to be flat to downwards. 23367 which acted as a support is converted to resistance on the daily chart. Hence expecting market to touch our initial calculated levels of 22850+-50. Suggested stay neutral and focus on stocks.

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Nifty expected to open on a positive note. Gap up can be approx 100 points & trailing to 24387 & 24487 zones which will act as a resistance. Follow vwap + standard deviations +1 for trend. +++

ajayekka002

We expecting market to open in green with around 100-120 points in hand. There won’t be much support from HDFC but expect reliance to keep the green flag. support 23000 ext can come down to -+ 50 points. Resistance 23200 ext 50 downwards. Expecting to stay neutral or downward but not long.

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Gap down of 237 points. Market can go down 22800 levels. Pause new calls. Sell from tops. Suggested.

ajayekka002 Updated 

Global market showing a negative stance & oil price decline can give boost to reliance bpcl and other refineries. Which will be in focus for nifty movement. Market may end flat to downside.

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So, pre open was flat with US market at the lower of the ends. We estimated market to fall and take a support at 23656 which we almost achieved by 02:50. Lots of twists and turns in between but our target projections were correct. Focus that was on: US market - downward Nifty top 5 components 1 up 4 downs at pre open. gold rates up. So there was sure shot...