Somehow I have seen when there is an issue with monsoon (below par) this stock keeps on popping up in my radar. Reason: It's a AgroChem company (phosphate fertilizer producer #1). I saw some analysts also giving Buy call in this. So before putting long term bet, was looking at the Funda-Techno Analysis of NSE:UPL Here are my thoughts: Fundamental : DVM...
How NSE:NIFTY1! looks like going forward? Weekly (-1) This week's close is lowest of last 4 week. There was a red doji last week. Which gets clear confirmation on this week's closing. (-1) Weekly volume is highest of last 4 weeks. Daily (+1) Nifty comes back to the uptrend channel with bullish kicker candle formation. (+1) If you follow BB...
Very Interesting: in 30m chart, it seems this is the 4th time Nifty is testing 17125 level. Typically it is told: the more price hits a level - the intensity of the level to provide support/resistance is reduced. However can not see any divergence. Rather the price uplift to correct the yesterday's RSI +ve divergence is over. And price is negotiating 17125....
Swetha madam shared today one nice observation about a down slopping channel in Nifty since last 3 months. Extending the analysis with a few other observations with some more price-action tools. Swetha madam's charing: My charting: Observations : H&S formation with a base at 16800. So for the sake of price-action, 16800 has to be retested. This is 2nd...
No other trade Other than 28th March Straddle/Strangle Or Iron fly/condor. Range: 82.25-83.00, pivot at 82.75 Means: IronFly: 82.75 call & put sell, 83.00 call, 82.25 put hedge leg. Per OI: 83.00 upper, 82.50 lower. Per lot margin: ~2000
Levels: Support: 195, 180. 173, 163, 150 Resistance: 200-205, 210, 215, 220 OI Data (24rd March Expiry): Nearest Major Resistance per OI data: 220 Nearest Major Support per IO data: 180 Trade setup: +++++++++++++++++++++++++++++++++++++++++ Trade | Level | SL | T1 | T2 ----------------------------------------- BUY | > 210 | 210 | 220 |...
Levels: Support: 5500, 5450, 5350 Resistance: 5500-5575, 5625, 5700, 5750 OI Data (17th April Expiry): Nearest Major Resistance per OI data: 5700 Nearest Major Support per IO data: 5500 Trade setup: +++++++++++++++++++++++++++++++++++++++++ Trade | Level | SL | T1 | T2 ----------------------------------------- BUY | > 5600 | 5560 | 5650 |...
Levels: Support: 39600, 39450, 39250, 39000, 38600 Resistance: 39800, 40000, 40150, 40300, 40550 OI Data: ---------------------------------------------------------------------| Bank Nifty => Price: 39598.1 ATM: 39600 , ITM: 39500, 39400, 39300 , OTM: 39700, 39800, 39900 ---------------------------------------------------------------------| Highest...
Levels: Support: 17100, 17050, 17000, 16950, 16850, 16800 Resistance: 17150, 17225, 17325 OI Data: ---------------------------------------------------------------------| Nifty => Price: 17100.05 ATM: 17100 , ITM: 17050, 17000, 16950 , OTM: 17150, 17200, 17250 ---------------------------------------------------------------------| Highest OI...
OANDA:XAUUSD trade setup for next Trading session, Monday: Sideways, choppy movement may be in card. Reason: The wide CPR. The volume profile PoC (point of control) is at 1982 level. The one sided bullish movement of Friday has the PoC region on the upper side only (1980/82). The trending leg does not see significant participation. Fib Trend extension...
NSE:AUROPHARMA has quite a few interesting setup traits: In the volume profile one can see the two PoC (Point of Control) - one during downtrend - another during uptrend - placed at 444 and 474 level. The PoC at 474 is really interesting. Means the interest is at the sustained levels of price. Absolute high volume Uptick in Momentum (RSI). Price...
Levels: Support: 39170, 38900, 38750, 38600 Resistance: 39450, 39800, 40000 OI Data: ---------------------------------------------------------------------| Bank Nifty => Price: 39132.6 ATM: 39100 , ITM: 39000, 38900, 38800 , OTM: 39200, 39300, 39400 ---------------------------------------------------------------------| Highest OI Call in Bank Nifty...
Levels: Support: 17000, 16900, 16860, 16750 Resistance: 17050, 17150, 17250 OI Data: ---------------------------------------------------------------------| Nifty => Price: 16985.6 ATM: 17000 , ITM: 16950, 16900, 16850 , OTM: 17050, 17100, 17150 ---------------------------------------------------------------------| Highest OI Call in Nifty per...
Levels: Support: 38900, 38750, 38600 Resistance: 39150, 39450, 39800 OI Data: ---------------------------------------------------------------------| Bank Nifty => Price: 39051.5 ATM: 39100 , ITM: 39000, 38900, 38800 , OTM: 39200, 39300, 39400 ---------------------------------------------------------------------| Highest OI Call in Bank Nifty per OI...
Levels: Support: 16950, 16800, 16740 Resistance: 17050, 17150, 17250 OI Data: ---------------------------------------------------------------------| Nifty => Price: 16972.15 ATM: 16950 , ITM: 16900, 16850, 16800 , OTM: 17000, 17050, 17100 ---------------------------------------------------------------------| Highest OI Call in Nifty per OI...
Levels: Support: 17050, 17000, 16800 Resistance: 17115, 17250 OI Data: ---------------------------------------------------------------------| Nifty => Price: 17043.3 ATM: 17050 , ITM: 17000, 16950, 16900 , OTM: 17100, 17150, 17200 ---------------------------------------------------------------------| Highest OI Call in Nifty per OI data:...
Levels: Support: 39400, 39175, 39000 Resistance: 39800, 40000, 40150 OI Data: ---------------------------------------------------------------------| Bank Nifty => Price: 39411.4 ATM: 39400 , ITM: 39300, 39200, 39100 , OTM: 39500, 39600, 39700 ---------------------------------------------------------------------| Highest OI Call in Bank Nifty per OI...
Levels: Support: 17580, 17500 Resistance: 17800, 17900, 18000 Trade Setup: +++++++++++++++++++++++++++++++++++++++++ Trade | Level | SL | T1 | T2 ----------------------------------------- BUY | > 17800 | 17700 | 17900 | 18000 --------------------------------------- SELL | < 17550 | 17600 | 17500 |...