Posted at 9:15 AM Not a sebi registered analyst, and these are just my thoughts on how the markets are moving. Use your judgement. Markets opening gap down at 19463 Choice 1 - An up move first, followed by a drop - fill the gap, and move till 19570-19587, and fall Choice 2 - Fall from day's open I think it's choice 1. Careful before shorting.
Not a sebi registered analyst, and these are just my thoughts, and readers should take their own judgement. Nifty's opening 78 points down at 19655 (below short Target 19667 we mentioned yesterday) Nikkei's down almost 2%. US markets didn't show similar weakness yesterday, but the futures are showing weakness. I would be careful before going long. Fresh long...
Kindly note 1) Not a sebi registered analyst 2) These comments are just my thoughts on how the market is moving or will move. Use your own judgement For now, the index has still some upside left before expiry. Don't want to predict anything, will trade as per nifty's movement. Long above today's close, short below it - pretty simple. Targets are provided. Live...
Firstly, I'm not registered with Sebi. Secondly, this is just my view on how the markets are/will be moving - use your own judgement. I'm planning to publish my thoughts on the index movement here, will try to provide regular updates, but no promises. I have been wrong earlier, and can be wrong again. Back to Index now - 10:30 AM - Spot 19674 Targets - 19700,...
I've marked the buy and sell zones, and the respective targets. Watch the OI levels for both 18600 strikes - puts and calls. This may give short term direction. This is neither a recommendation nor a prediction. Assume it's an amateur attempt by author. Trade at your own risk/judgement and have a stop loss. Good Luck!
I've marked the levels for Thursday. Buy above 18550, Sell below 18550. Each target can be a potential short term reversal level. So. Also, marked a parallel channel, where index is currently at the bottom. Elections results are 'scheduled' for expiry, and the bulls are starved and thirsty for 3 days. Imagine the consequences if bulls get a chance..there will...
I've marked the zones. It's a simple set up. Each target can be a potential short term reversal level as well.. RBI Meeting is scheduled for this week, as well as the Election results - a volatile market expected. There are a couple of global events as well, that may add to the volatility.. This post is neither a prediction nor a recommendation. Follow your...
Are you also seeing this? Giving the call prices for 18900 Calls for Tomorrow's expiry - 9:33 AM, Nifty@18625, 18900 CE @9.1 9:44 AM, Nifty@18638, 18900 CE @9.1 10:19 AM, Nifty@18655, 18900 CE @9.1 And it's not like the time difference is so huge that time premiums dropped .. Did you notice call price remaining at the same level even though the index moved...
I've marked the zones for buying & selling, and respective targets. Each target could be a potential retracement/reversal point, so choose to book partial or full profits. There will a new ATH in the near future. The index spent a lot of time above 180000 level, so the question is whether we'll see the ATH this month or next. Suggest not to have a strong...
Nifty is expected to make a new all time high next week. It's good to hold Nifty as long as it is above 18212 level. Each of the resistance marked in red should be the targets, and probable short-term reversal levels. Very rare chance of Nifty heading below 18164 level, but I've marked the targets in such a scenario. Trivia - Nifty closed above 18000 on Oct...
I've marked the zones. Bullish Bias till this month's expiry - but we don't know anything the path index will take to make a short-term high or ATH. So, if you're a futures player, continue to hold the futures with a SL of 18096. Friday, the index closed at 18349.7 - and this is just below 18350.6 the high made on 18th Jan. On Monday, watch if this level acts...
I've marked the zones. The same question as Friday -- "Will Nifty continue trending up or take a pause to gain momentum before trending up?" Everyone is suggesting to go long citing break-out, and predicting ATH - that's what makes me a bit cautious. Nifty can reverse at any of the levels I mentioned. Another point I mentioned in my last post -- "PCR is...
I've marked the zones. Long in Green Zone with the resistances as targets Short in Red Zone with the supports as targets. We'll have to see whether Nifty will continue trending up or take a pause before resuming uptrend. 17887 level - Only 1 Weekly Candle (of the 42) closed above this level in 2022. I'm curious to see where this week's candle closes - and this...
Nifty had a gap up opening, currently in Green Zone I've marked the zones, as well as support and resistances, which you should interpret as consecutive targets as well when the index moves from the grey zone - regarding the targets, they may be a bit off unlike the previous times(didn't spend much time here), but I feel the zoning is done well. Also, be careful...
Nifty's opening gap down. Should swiftly move to 17467. Targets, support, resistance are mentioned.
This is a re-post. Chart wasn't clear in the earlier post. There is a high probability of Nifty falling below 16900 this week (as compared to chances of Nifty moving above 17500) Marked the Zones in the chart. I'm trying to play safe with a large grey zone (16940-17422). As long as Nifty stays inside this zone, it's better to book small profits, and safeguard...
Is Nifty headed to 17500 or 16900? We will know this week. For now a little less objective guidance only, will provide more objective updates once the market opens next week. Marked the Zones in the chart. I'm trying to play safe with a large grey zone (16940-17422), although it's practically useless. I suggest to not have a strong bias as long as Nifty...
Nifty opened at 17322, and took support at 17265 levels. If Nifty falls below 17265, you can short for a target of 17220, and if that level is broken, then 17167. Go Long above 17328/17330. Targets mentioned. 17357, 17382, 17422. Nifty may see 17500 levels soon, but that will be in next week. For today, I suspect nifty to move sideways in the range 17200 -...