Nifty is holding support at a crucial level of 18,650 . Follow @piyushrawtani for daily updates! Cheers
In this video, I discuss 5 Options selling guidelines which you can use to exit your option trades when they go wrong. Selling options come with the risk of unlimited losses . That's why, the main aim of adjusting options is to put a cap to the losses , reassess the situation and increase profitability. Follow @piyushrawtani for more! Cheers =)
All levels and analysis mentioned in the charts. Follow @piyushrawtani for more ! =)
After breaking out from multiple resistance level with a good consolidation , Apollo looks good to test the highs once again . Good for investment for few weeks. Follow @piyushrawtani for more Cheers!
NIFTY has formed a falling wedge pattern at a confluence of Trendline and Horizontal Support level. Expecting prices to test highs of this week once again in the coming days. 18,050 remains crucial level for longs . Stop loss can be placed at this level. Price might pullback to support levels before moving higher. Cheers. Follow @piyushrawtani for more
JINDALSAW after a healthy consolidation looks good to resume the uptrend and test the highs once again. SL and Target levels mentioned in the charts.
NIFTY after breaking out from 17,200 last week gave us a good rally and now approaching key levels of 17,450 . If Nifty manages to cross this resistance , then we can expect a swift move to 17,600 where there is a small gap . And the market might try to fill the open gap. Similar move can be expected from Bank nifty if it closes above 41,800 , we can see a move of...
Happy Ram Navami to all. Follow @piyushrawtani for daily educational videos! Cheers
Nifty / Bank Nifty both look in the coming days. Watch the video for detailed levels of support resistance in Nifty / Bank Nifty. Follow @piyushrawtani for daily trading videos.
Nifty / Bank Nifty both are consolidating near the highs of last week. And a break to the upside can be anticipated in the coming few days as we can see a relief rally of 200-250 points . Longer term outlook remains bearish. Follow @piyushrawtani for more!
After volatile session the whole week , market might trap the sellers in the coming week with some short covering rally . Longer term outlook remains bearish because of the uncertainty all over the world markets. Follow @piyushrawtani
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In this video, I discuss 5 books which made me the trader I'm today. Here , I discuss priceless books for traders who want to learn in depth technical analysis . I also talk about a very good book for traders who want to learn pre defined strategies without knowing much about technical analysis. And, lastly I discuss about a must have book for options traders. Let...
Today , we saw a massive short covering in both the indexes . In this video , i discuss an important concept of how to differentiate between an uptrend and a short covering move. Follow @piyushrawtani for more trading videos daily !
We might be seeing this after a very long time in both nifty and bank nifty and it is not good. 7 continuous red candles in both the indexes show signs of weakness and lower prices in the coming days. Follow @piyushrawtani for more trading videos. Cheers
Follow @piyushrawtani for daily trading videos. After a good 1000 pt downmove Bank nifty consolidated and closed near the high of the day. Any closing above 40,000 might trigger some short covering with late sellers covering their shorts.
ADANI fell from 4000 to 1500 in less than four weeks in a sensational week. Here in this chart , I compare it with another instrument which printed a same pattern last year and try to predict how it might move. Comparison purely based on technical levels. Follow @piyushrawtani if you found the idea useful. Cheers =)
Bank Nifty has formed a text book breakaway gap which is taught in text books . Here in this video you will learn where the smart money would like to enter short once again . Follow @piyushrawtani for more trading videos . Cheers!