subravi

subravi Updated 

Nifty 22402 - Is trading in bearish ascending wedge pattern. Resistance at 22520 and support at 22395. OI data has decreased from 1.21cr to 92 Lacs suggests retail short sellers exiting. Max pain is around 22475.

subravi Updated 

Nifty 22368 - A bearish flag pole pattern. We expect 22385 to work as resistance. Increase in OI Yesterday suggest negative sentiment. Put Writers are strong at 22100 and call writers ate 22700

subravi Updated 

Nifty 21995 - Is in down trend. Resistance at 2213. Expected to drop down to 21685 as sellers are high in 21500.

subravi Updated 

Nifty 22280 - Has resistance around 22308. We expect a reversal to close down around 22200 which is the pain area.

subravi Updated 

Nifty @ 22185 at 11:04 - Suggests further drop down to 21900 as short sellers are high there. We expect Nifty will be moved down to panic the retail sellers as Pain is at 22000.

subravi Updated 

Nifty 22506 @ 12:32 - Nifty is trying to hold its support 22469. Market data suggests support around this. We expect Nifty to test 22400 as long as 22528 not surpassed. Trade entered : Nifty 10 April 22550 PE @138 @ 12:35

subravi Updated 

Nifty 22431 @10:43 has more possibility to reverse to 22340 before settling around 22400 expiry

subravi Updated 

Nifty - as long as nifty trade below 22042, nifty could expect to test 21940 and may further drop down to 21740

subravi Updated 

Nifty 22048 - Nifty is at resistance 22047. Based on market indicators we expect market to move to 22100

subravi Updated 

Nifty 21839 - nifty move was as we expected and based on today’s move we expect nifty have more possibility to open/move high to 21933 to 21977 for the call sellers to close their position and move down to 21700 to 21640 and raise to settle around 21775.

subravi Updated 

Nifty 21817 - buying interest coming around 21700 ce while short covering could be noticed in put option. We expect nifty will be further pushed down and raised tonsettle back around 21750.

subravi Updated 

nifty 22022 has resistance at 22195 and support at 21785.based on market indicators 21800 has max pain for call buyers while 22100 for put buyers.expect market to move to 21785 and then move higher.

subravi Updated 

Nifty 22335 - Moving down trend in lower band of the channel. Based on the chart pattern and market indicators we expect Nifty to expire between 22100 to 22200. More possibility around 22120.

subravi Updated 

Nifty 22332 - Chart suggests a classic pullback break down. Nifty future chart confirms the breakdown by volume.

subravi Updated 

Nifty has breakdown from the zone with high volume Nifty Future OI has reduced from 12.8m to 12.6m suggests exiting of retail market participants NIfty Put Option OI data suggests profit booking While Nifty CE option OI increased in 22500 , OI Value increased in 22400 suggests short selling of 22500 an buying interest coming in 22400. Based on above, we...

subravi

[nifty 22287 - as momentum is weak we expect nifty to test 22046

subravi Updated 

Nifty 18865 has got rejected at 18756 and has slipped the support zone 18774 - 18724 to close at 18666. 1. Bearish wedge pattern 2. Negative diverged technical indication 3. price rejection bar pattern around 18774. 4. market data suggests sellers coming in as price falls even with short covering couldn’t raise nifty above 18745. All the above make us...

subravi Updated 

Nifty 18771 - Nifty is in support zone 18724 - 18774. As long as this zone not crossed out we expect nifty to be bearish and more possibility to test our earlier posted target 18115.