AS SGX NIFTY CLOSED LITTLE BEARISH AND USA MARKET ENDED IN GREEN ........cant expect big move either side much in our trading session
As discussed in our study yesterday, the index was not able to sustain above 16120 and the witnessed a move to lower levels and close below 16000 yesterday. Options OI build up in the weekly expiry suggest 15800 -15700 to be a support area. On the upside move towards 16100 could see fresh shorts getting added. For the day the market can remain range bound and...
NIFTY could not hold on to the gains made last week and closed below 16100 yesterday. With the CPI data coming in a bit lower than the last period, there can be some sentiment positive in the market. However the fact that the CPI is still above 7 percent is a cause of worry for the markets, especially for the banking space. We may see an opening with a positive...
Run the Table for Options Where is the Gamma/Delta Exposure... Something to consider as the Underlying Buys turn to Delta Sells. Something to consider... - HK
#nifty Short term Delta Update for Expiry:- 1st there was a breakout on Monday, followed by an upmove yesterday and today upmove continued followed by a correction in end hours. The price has entered into an uptrend channel and is expected to follow the path as defined. Many of the traders might question being given a predictive patch instead of reacting on...
It has to be interesting and Volatile expiry tomorrow. All the best.
Tomorrow is Weekly Expiry So Trade Wisely Next week Strikes are advised 1 Gap Up- Wait till previous day close if its moving upwards then take CE till 17430 if it goes beyond trail SL 2. Flat Opening- If it slowly goes to 17400 and crosses with great volume then CE 3. Gap down opening is avoided till 17250 if it breaks 17250 and going down then PE with strict...
#banknifty view for 12th Aug'21 #expiry Do you see #banknifty weak? No, BN at 35,806 is trading above the majority of SDMA (10/20/50/100) and 5 SDMA is 35,903, and the majority of momentum & trend oscillators are in buy mode. What do I do, go long or go short? I don't see any weakness in the market until 34,861 is breached. Till that time, its buy-in dips the...
#banknifty analysis for 8th July'2021 DP:- 35,500 (above +ve below -ve) Decision Points :- Important reaction points, which price reacting to movements are 34,653 / 35,095 / 35,358 / 35,555 / 35,800 / 36,126 / 36,293-36,320 E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't. John Maynard Keynes...
Banknifty is in tight range the expiry can be a huge rally or a fall , neverthless a calculated risk for being around 34800 can be expected to be executed.
#banknifty analysis for 10th June'2021 #expiry Zig Zag Correction, leg C is always furious, I still see the market is on the upside. The wave structure breaks below 34,410. Decision Zone:- 34,946 - 35,009 Resistance:- 35,142 / 35,370 / 35,550 Support Zone :- 34,844 - 34,717 / 34,410 - 34,608 / 34,142 One of the best forms of PA action is not to predict but...
#banknifty analysis for 27th May'2021 # expiry Monthly expiry doesn't follow any technicals, it's only about big boys' position adjustment and just follow what they do. Decision Line:- 34,733 Resistance:- 35,055 / 35,270 / 35,576 / 35,967 Support Zone :- 34,573 / 34,245 / 34,015 OI analysis:- 20.2 L OI in 35,000 CE (Closed at 89.75 )& 10.3 L OI in 34,500...
... And making money. But instead you choose not to. I pay money to use this premium service. I do not care about your opinion. Here's my TA so take what you can get. Have fun and buy the dip. I would set buy orders below 30k just to see if it will go lower over the next few days, if not then I'll buy at 30k which isn't a horrible entry after all it is only...
A second day continuation of a bear trend following a consolidation phase can be just a move to fill the gaps, however Expiry days are different generally, It is a tug of war with ruthless search for premium decay be it any greeks . We make the above three possibilities based on type of opening.
#banknifty analysis for 20th May'2021 #expiry Nothing changed from yesterday to today, we are in pullback and till 32,840 holds, use dips to go long for higher targets. Decision Line:- 33,750 (Above positive & below negative) Resistance:- 33,918 / 34,245 / 34,509 / 34,772 Support Zone :- 33,664 / 33,368 / 33,129 One of the best forms of PA action is not to...
banknifty can resume bearish sentiment however we can best fit the above black lines to plan for expiry day .
#banknifty analysis for 12th May'2021 #Expiry The regression line shows we are moving up only, on a daily time frame we are neutral. This indicates, either we will consolidate or move up. I don't see weakness until we close below 32,500. Decision Zone:- 32,875 (Above positive & below negative) Resistance:- 33,150 / 33,297 / (33,320 - 33,455 ) Support Zone :-...
A stangle on both the side bounded by 33500 on lower end with 34000 on upper end is an estimated range, any overnight change must be looked upon with behavior on OI data