kpraveennitw

kpraveennitw

In day candle it seems it gave false break out.we can confirm if RSI(Daily) comes below 14SMA .After confirmation one can target nifty towards 15400.now nifty in indecision zone better avoid trade or reduce position size. This zone is critical and decides direction. This just my view not giving any recommendation for trade.

kpraveennitw

Ignore previous Idea Chennel Updated.16500 Possible by this Expiry.B ut expecting A small dip toward 16100.

kpraveennitw

Anticipating Slow Upward movement till 16500.Buying CE will not give much return as movement is slow.Better sell OTM puts with hedge.Expiry Range expecting 16000-16500.

kpraveennitw Updated 

See channel 15800 possible. See channel 15800 possible. See channel 15800 possible. Only idea not recommendation.

kpraveennitw

Nifty Updated Levels Gap,Vergin CPR Previous Ressistance and support jones updated. This for Knowledge not giving any trading Recommendation

kpraveennitw

short at 16800-16900 range for good reward less risk . SL -17000.

kpraveennitw Updated 

expecting 17800-17600 by jan month expiry.then up to 18000 before budget. After budget 17300????

kpraveennitw Updated 

17800 possible. Bearish RSI crossover. towards BB midline

kpraveennitw

Range of nifty shifted to 16500-17200.Trend line expected.actual trend line will be updated once high and low swing formed.Jan 1st week another range shift move expected. Mid term bearish and will change my view only after closing above 17200-17300. 17200-17300 is major resistance zone. Observe the FII and Pros option and future data on rise if you observe any...

kpraveennitw

short term bearish. mid term bearish. long term bullish. down side target expecting 16200.will be bullish only above 17350-17400.

kpraveennitw

bearish view.16400-16500 target. Inverted flag was formed and on Friday it has been broken decisively.trend reversal not expecting soon.will be bearish for 3 months at least.expecting a round bottom reversal (Long time reversal and volatile).

kpraveennitw Updated 

thoughts behind idea.Wednesday is flat day as fed meeting is there and expecting this expiry is trendy expiry. This is only educational purpose not suggesting any trade.

kpraveennitw Updated 

Rejection from 17500-17600 level can be very cautious can lead to 16200 level in midterm(1-3 months) Breakout from 17500-600 level can lead nifty to 19400 level in mid term(1-3months)

kpraveennitw Updated 

Nifty formed inverted flag.if it broke 17075 can see a huge sell of .16500 is possible.

kpraveennitw Updated 

nifty making inverted flag.below 17000 can see a huge sell off. bullish only if 17400-17500 breached decessivly.

kpraveennitw Updated 

As per previous post market to be bullish for the month Dec 2021.Any way in case market goes to range bound we should not loose.As per this better to short 17500 straddle of Dec 30 Expiry with exit plan. Trade Idea; Short Dec 17500 Dec straddle.: Present premium:630 . Exit Plan: Exit complete trade when market close above 17832 on day basis. or 17210 on down...

kpraveennitw Updated 

Nifty Nov Expiry-17400-17600. Dec expiry 18800-19200. By 01.01.2022 Nifty may touch 19000.

kpraveennitw Updated 

expecting a sudden fall till 17350-17400 then a bull run to 19000 levels. Nifty Nov expiry 17400-600 range.Dec expiry 18800-19200 range.Dec is Ultra bullish.