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...
ONGC Closing Price 85.75 - Any dips towards 83.5 - 81.50, the stock looks good from a medium term perspective. - Momentum might be seen once is pushes past the yellow trend line - Target for the set up - 103 / 115 / 133 ________________________________________________________________ Alternatively one may consider selling ONGC 30 July 2020 expiry 80 Put...
JSW Steel CMP 187 - trading near Channel support - if broken then next support at 178-175 zone & major support 168-166 zone - resistance at 196 / 202 / 208 Given the set up one may consider selling 170 Put option between 5-5.5 ( CMP at 5.20) Lot size 2700 Max profit potential Rs 13500 - Rs 14850/- Yield potential 10% - 11% on capital Loss if JSW steel...
Reliance CMP 1776 Given the set up consider selling Reliance 1840 Call Option between 40-45 ( CMP 43.60) Lot size 505 Max profit potential Rs 22018/- per lot Yield potential of 9% till 30 July 2020 In built loss protection for a rise in price up to 1883 till 30 July 2020 Take care & safe trading...!!! Discliamer: - The view expressed here is my...
Nifty Closing Price 10607 - important support at 10513 - 10485 - important level on the upside 10658 - 10686 With Result season expected to kick-start from 09th July 2020, we might be confined in a range till then between blue trend line & red trend line. Given the setup, on any dips in Nifty, consider selling Nifty 09 July expiry 10450 Put option...
Glenmark Closing Price 432.7 - the stock has seen a meteoric rise from 161 in Mar 2020 to 550 in Jun - the stock has also seen a sharp drop of 120 points from the highs - at current levels there are multiple support possibilities - 20 day EMA currently at 429 - 38.2% retracement at 415 - incidentally the green zone has acted as important level exactly 1...