Nifty CMP 11555 The zone of 11535-11585 is a crucial decider level for Nifty - A close above 11585 would signify strength to move further upside with some hurdle at 11650 odd levels - a close below 11535 could indicate a further fall towards 11460 / 11430 levels - a close in between 11535-11585 would indicate indecision / boring range bound to continue Given...
DLF CMP 161 - 168-172 is potentially strong resistance zone Given the set up consider selling DLF 170 Call Option 24 September 2020 expiry in the price range of 7.5-10 CMP 7.65 The strategy covers a risk of rise up to 177.5-180 levels till 24 September Discliamer: - The view expressed here is my personal view - Use this for educational purpose - Any...
Nifty - Nifty looks likely to attempt 12240 odd levels in weeks to come - any dips could be an entry opportunity to go long Given the set up, one may consider the strategy to: Sell Nifty 24 Sept 2020 expiry 11200 Put option around 120-133 - pattern gets invalidated if Nifty is unable to hold on to 11360-11175 levels Risk:: Reward ratio looks favorable to...
Nifty CMP 11481 - 11420 -11440 is an important support level - 11540 -11560 is an important resistance Given the set up Strategy for 27 Aug expiry Sell 27 Aug 11400 Put option around 26-30 & Sell 11550 Call Option around 20 Max profit if Nifty closes any where between 11400 -11550 Loss in strategy if Nifty closes below 11354 or above 11596 Take care &...
Nifty CMP 11417 Nifty has given a bounce back - on charts it has come near resistance line Given the set up consider selling Nifty 27 Aug expiry 11500 Call option in the range of 50- 64 CMP 51 The strategy covers risk for a rise in price up to 11550-11564 Take care & safe trading...!!! Discliamer : - The view expressed here is my personal view - Use this...
LIC HSG FIN CMP 266 - The stock is in consolidation mode - trading near support levels 250-255 - Momentum above 285-296 zone Target for the current set up 296 / 318 / 351-368 zone - risk increases if LIC HSG FIN starts trading below 250 Consider buying in 2 tranches. At CMP & on dips towards 255 The current set up provides a risk::reward ratio of 1::3 at the...
Nifty CMP 11414 - Nifty is trading near crucial resistance zone of 11433-11536 Given the set up consider selling Nifty 11500 Call Option Discliamer: - The view expressed here is my personal view - Use this for educational purpose - Any decision you take you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade /...
Nifty CMO 11210 Strategy explained in the chart Exit from Strategy if Nifty daily closing is below 11060 Discliamer: - The view expressed here is my personal view - Use this for educational purpose - Any decision you take you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading...
Nifty CMP 11350 Nifty consider selling 11400 Call option around 40 Loss protection for a rise up to 11440 Take care & safe trading Discliamer: - The view expressed here is my personal view - Use this for educational purpose - Any decision you take you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest...
Idea CMP 9 The quarterly results have reflected a huge loss to the tune of 25K Cr loss... But most of the component of loss were for known reasons. On charts the stock has support AT 7.8-6.6 levels Above the red line the stock may signal a breakout... Keep a close eye.. Consider buying on dips or if you observe a breakout above the red line Disclosure: This...
Bharti Airtel CMP 550 - The stock has been in consolidation mode for some time - 530 could be crucial support levels Given the set up One may consider selling Bharti Airtel 530 Put Option around 12 Lot size 1851 Max profit potential Rs 22212/- per lot Loss protection in strategy for a fall in Bharti Airtel price up to 518 till 27-Aug-2020 Take care &...
Nifty CMP 11020 Here I am.. This is me... There's no where else on earth I'd rather be... It feels good to be back and back in action with analysis after a break for a few days due to personal health issues. I take this opportunity to Thank you all for the well wishes and speedy recovery... :-) Coming back to our main topic.... Kya lagta hai... Nifty...
Nifty CMP 10804 Observation - On 6th July Nifty opened with a big gap up at 10723 & since then it has been trading in a mini range. This is the battle ground where the Bulls & Bears fight is going on ... - F&O data analysis also suggested Game of Positions going on in this region. We observed wild swings in Futures & Options position by Retail participants...
Hindalco CMP 148 - The stock has resistance at 156-160 range - red trend line is broken - orange trend line if taken out, the stock can come down to 136 / 130 levels Given the set up one may consider One may consider selling if orange trend line is broken. or consider selling on rise closer to 154 /...
Nifty CMP 10789 - Nifty is trading above the breakout line but is struggling to stay afloat.... - Given the set up one may consider selling 16 July expiry Nifty 10800 Call option between 80 -100 currently trading at 86 Target 37 / 0 Keep a Stop Loss at 107.50
SBIN CMP 201 Observation - the stock is having support around 192 levels - resistance is seen around 218-220 levels Given the setup one may consider Short strangle strategy for SBIN Consider selling SBIN 30 July expiry 220 Call Option between 4.5 - 5 ( CMP 4.5) & also 185 Put Option between 4 - 4.5 ( CMP 4) Lot size 3000 Profit potential Rs 25500/ - ...
Nifty CMP 10775 Yesterday we were able to capture the fall and made the most of it... Analyzing yesterday's trade data - Retail participants have Net neutral stance on Nifty futures - FIIs are having a positive bias and - Pro traders are having a Bearish stance on Index Futures PCR has cooled off to 1.22 from 1.43 yesterday. Now Every one is waiting for...
Nifty Closing Price 10799 Observation - Nifty trading above the red trend line for 2nd day in a row - However a Hanging Man Candlestick pattern is observed Let us look at F&O data to analyse it further FIIs net sold 4811 contracts worth Rs 409.43 Cr. Futures data • Retail participants added 16.22K Long contracts & added 2.77K Short contracts • FIIs...