I see a strong up move but take only monthly options as VIX is very High be cautious of taking positions Risk Reward Favourable to take Longs Just a view not a Reco...
As per my vieew posted on Syngene in Equity posting this supporting to that where R:R is favourable one can make a long here and reenter at zone levels as well Just a view not a Reco...
As per PCR i see a bounce on upside and possible to make New all time High but Option Premiums are very high due to Election result Event. So plan accordingly... just a vie not a reco...
As per PCR and Price retracement this correction is a retracement and make a longs around 48200 levels as shown in chart take only Next month calls just a view not a reco...
Look for Sell on rise for a target of 1050 just a view not a reco..
As per Data analytics and price action it may retest 455 to 460 levels and take reversal and if it comes to 445 to 450 it will take support. Just a view not a reco..
Looking some short covering rally where i see some bounce back / profit boking in INDEX futures
Stoploss High of C and keep running for target at D asper pattern Educational Purpose only.....( even Nifty is in Overbrought Zone)
In the Chart Yellow line are Gaps and Blue lines are Gaps those have to be filled yet, as per Gap theory every gap will act as Support & Resistance so please initiate or take positions accordingly and Violet line's are for Channel. Apart indicators Price action at these junctions gives us more action if we take a trade based on Pin bars. Purely Educational...
As per Fibb Every thing is showed in the Chart