Nifty 13749 2 trading sessions earlier, we had highlighted the possibility of Nifty re-testing at least previous highs Although we did not take any fresh position in Nifty on weekly expiry day, we held on to our positions taken earlier. Currently - We observe Nifty moving in boxes - Will we see a Year end rally now? No it is not that since we are now just...
Nifty - Yesterday, on the Technical Analysis front, we highlighted Bullish Harami Candlestick pattern suggesting up movement - F&O Data analysis confirming stronger hands on buy side (FIIs buying Index Futures & Proprietary traders selling Put Options) - After opening & trading in red, Nifty immediately jumped in to positive territory and managed to close 135...
Tata Motors Closing price 172 The stock has seen a stupendous rally from lows of 60 odd levels This is our view mentioned earlier Were we lucky to catch the bottom around 70 odd levels...??? We did book profits around 115 and again re - entered at sub 100 levels... My firm belief is, in stock market, with analysis and knowledge, you tend to feel lucky...
Nifty CMP 13438 - On charts we observe a Bullish Harami candlestick pattern - On previous 2 occasion Nifty pulled back to at least previous highs - Will we be 3rd time lucky??? - Pattern gets invalidated if Nifty closes below 13131 Data analysis reveal Retail participants were mostly Put buyers yesterday... Market seldom obliges herd mentality of Retail traders....
ONGC Closing Price 90.55 - The stock chart pattern was identified at levels of 67 and we have seen a stupendous rally - the current correction has brought it back to 38.3% Fibonacci retracement levels which if held can push the stock back to 100+ levels - a close below 87 levels may take the stock to 80 odd levels - since December 14th, Open Interest in...
The red zone line drawn in our December 15, 2020 analysis report provided perfect. Is it a one off fall or Would Nifty fall further Let us look at what F&O trade data has in store for us FIIs Net sold 3133 contracts worth Rs 264.93 Cr Futures Data - Retail participants squared off 20.76 K Long Contracts & squared off 5.62 K Short contracts - FIIs squared off...
LIC HSG FIN Last time when the stock was at 380, we had suggested the stock is potentially running into a series of resistance and hence suggested a 410 Call Short strategy at 5 That has worked well so far giving us a profit of Rs 7200/- per lot so far At current levels, we see the stock is trading near trendline support. 331 is very important for LIC HSG...
LIC HSG FIN CMP 379 Charts indicate the stock is running in to series of resistance levels 382 / 390 / 400 / 408 / 412 Given the set up one may consider to sell LIC HSG FIN 31 Dec 2020 expiry 410 Call option around 5 Max profit potential in the strategy Rs 10000 per lot Yield potential in strategy is of 4.5% on Margin up to 31 Dec Risk coverage for a...
Nifty The current drop might have surprised you but have a look at this data below and see for yourself how each participants had positioned themselves on Friday and decide for yourself if you had access to this valuable information before trade could you have done better...? This data analysis will tell you how various participants Retail, FIIs and Proprietary...
Nifty The current drop might have surprised you but have a look at this data below and see for yourself how each participants had positioned themselves on Friday and decide for yourself if you had access to this valuable information before trade could you have done better...? This data analysis will tell you how various participants Retail, FIIs and Proprietary...
Adani Power CMP 47.35 - We observe a sudden surge in the stock from 34 odd levels to 64 - the red zone has acted as a major resistance zone since 2013 - and exactly from those levels the stock has tumbled to 47 - this could be a case of pump and dump however at current levels of 47 the stock is at multiple support zone levels - & if the stock is able to hold...
Nifty CMP 13718 Levels mentioned in the chart - This is just an estimated range based on initial F&O data reading - Do understand that Markets are dynamic and it may change any time - Use this for educational purpose only Assess your risk::reward and Plan your trade accordingly. Consult your financial advisor if need be. Do Hit the Like button if you find...
LIC HSG FIN CMP 379 This is what we had said on 18th August When price was at 266, Technical Analysis helped us envision that LIC HSG FIN can scale up to levels of 351-368 This is what Technical Analysis can do for you.... help you identify your Entry and Exit levels, understand your risk and reward potential, and most importantly keep a Plan of Action...
Nifty 13558 FIIs Net sold 8803 Contracts worth Rs 811.83 Cr Futures Data - Retail participants squared off 49 Long Contracts & squared off 6.48K Short contracts - FIIs squared off 2.34K Long Contracts and added 6.54K Short Contracts - Pro traders added 1.10K Long contracts and exited 1.35K Short contracts Call Option - Retail participants added 1.28...
Nifty CMP 13533 Prima facie the chart set up reflects resistance at red line and Blue line likely to provide support F&O data reflects unwinding of position seen yesterday in Index Futures by FIIs after a long time. Given the set up, and Data analysis one may consider Selling Nifty 13700 Call Option between 45-55 (CMP 46) The strategy provides protection...
Dear Trader, “We all want progress, but if you're on the wrong road, progress means doing an about-turn and walking back to the right road; in that case, the man who turns back soonest is the most progressive.” – C.S. Lewis Many a times I see retail participants buying Call and Put options based on hope. Even on 10th December 2020, Data analysis suggested...
Nifty FIIs Net sold 11765 Contracts worth Rs 1129.79 Cr Futures Data - Retail participants added 8.39K Long Contracts & exited 1.38K Short contracts - FIIs booked profits in 12.61K Long Contracts and exited 850 Short Contracts - Pro traders added 1.78K Long contracts and exited 508 Short contracts Call Option - Retail participants added 1.11 Lakh Call Long...