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BANKNIFTY Shorting strikes ❗❗🛑 Shorting strikes purely based on India vix volatility index 🛑 Caution before read this watchout mine previous post There's possible reversal trend may occur so Short CE only 🛑 India vix volatility index helps us to identify short strangle strike's 🛑India Vix closed at 17.33 which is rise by 5.70% , which tells us that Both CE and PE Premium is rising 🛑 ( Caution it doesn't include any sentiment ie . Global or economical or news and avoid Shorting when there's impacting news were came out ) ◽Indian Vix volatility index works best in range bound market and helps option sellers 🛑You can also short only side either CALL or PUT and follow respective Stoploss points As per below (Personally suggestion Sell CALL) 🛑 Short Call ◽ short 37900/ 38000 CE (we can see in option chain data available in nse , there is lot of short positions were holding at 38000 Call side strike) ◽Exit from short Call position when market breakout 38000 resistance zone ( SL ) ◽ Target will be 37100 book your profit at this level 🛑 Short PUT ◽Short 37100 PE (these levels were exact support and resistance in option chain and also in chart analysis you can checkout mine market analysis for Wednesday ) ◽ maintain Stoploss for this position 37300 / exit from this position If breakdown this support zone ◽Target will be 38050 / book your profit at this level / exit from short PUT position ◽we can clearly observe that market maybe trade between this range 🛑Make sure your capital is 1.6 L rupees to execute this strategy 🛑Any doubts regarding on this comment below I will definitely help you guy's And if I'm wrong please let me know in comment section I will definitely correct my mistake ◽ Thanks for reading and do like it and follow for more ◽have nice day 😊
NSE:BANKNIFTYShort
by agasthya_d
BANKNIFTY levels for expirey day ❗❗Hii Traders 😊 , Welcome to BANKNIFTY Futures and options and optionchain data analysis for friday ◽ Banknifty weekly pivot is at 37500 ◽And monthly pivot is at 37300, ◽ PUT side Open interest is decreasing possible reversal may occur caution ( intraday levels were explained below I hope that it will help a lot , do like ,share , follow for more ... ) 🛑 if we see day frame chart of BANKNIFTY currnetly trading above 21Day , 50 Day , 100 Day moving averages 🛑 Taking support at 21 DMA 🎯 Key levels to watch out for day trader 🛑 Major resistance zone for BankNifty is at 38050-38100 ( if see the option chain data on call 38000 CE strike holding more number for short position which will act as strong resistance area to bank Nifty ) ◽ If market breakout resistance then we can see Target of 38300 ◽ Whenever until breakout that resistance level don't trade ◽ Stop loss will be 37950 ◽If gap down or slight gap up happens then 37900 will be resistance zone 🛑 Major support level for BankNifty ◽ Support level for nifty lies at 37400-37300 (in option chain data Put side strikes shorts position were exiting means OI is negative it means downside movement is possible in other words potential reversal is possible ) ◽ Whenever until breakdown this level don't take a trade ◽ if Market successfully breakdown this level then we can take a trade ◽ And we can see the Target 1 will be 37100 ◽STOP loss will be 37480 ◽ Market will be indecisive between 37350-37900 🛑 levels for banknifty futures will be also same ◽Go long on banknifty Futures if it breakout the resistance ie . 38050-38100 ◽ Don't short the market until below the 37500 Don't take a trade if market open above or below our levels bcz market don't like gaps let the market to consolidate first and then take a trade 🛑 TRADESHOTS ◽ Resistance level to BUY call only above 37050-38100 ◽ support zone to buy PUT only below 37400-37300 ◽ BankNifty will be weaker below the 37500 ◽ Banknifty weekly pivot is at 37500 ◽And monthly pivot is at 37300 Thanks for reading 😊 I hope that it will help a lot and if I'm wrong kindly comment mine mistake surely I will correct it If you like it do follow for more and give reputation which will boost mine confidence to do more. have a nice day 😊
NSE:BANKNIFTY
by agasthya_d
10
NIFTY levels for expirey day Hii Traders 😊 Welcome to NIFTY 50 Futures and options and option chain analysis for intraday trading ...................... ◽ Weekly pivot point 17650 ◽ Monthly pivot point 17450 ( Explained briefly Below I hope that you will like it do follow for more ) 🛑 Nifty will be stronger above 18000 zone which crucial resistance zone if failed to close above that zone then we can see some correction in market it may can test the 17000 levels This will be crucial for nifty to sustain above the level until then market will be weaker 🛑 Currently it is trading above 21Day ,50 Day, 100 Day moving averages 🛑 Taking support from 21 DMA 🛑Nifty forming bearish engulfing ( Red candle is longer than yesterday's green candel means sellers were more agressive and it saying that potential direction is towards downside ) 🎯 Key levels to watch out intraday levels for day trader 🛑 Major resistance zone for Nifty is at 17850-17900 ◽ If market breakout resistance zone then we can see Target of 18000 as first target (if we see the Option chain data more short position are at 18000CE means from option chain data it acting as strong resistance) ◽ Stop loss for this level is 17800 🛑 Major support level for Nifty 50 ◽ Support level for nifty lies at 17570-17600 (if we see option chain data (it is available in nse website ) at 17600 in put side here shorter's were exiting from Thier position which means they were panicking) ◽ If breakdown happens we can see the 1st Target of 17470 ◽ stop loss ie .17670 🛑 levels for Nifty Futures will be as follows ◽ Go long on nifty Futures if it breakout our resistance 18000 ◽ Don't short the market until below the 17660 ◽In between range is indecisive don't go long or short anything can happen 🛑 Tradeshots ◽ Resistance zone buy CE only above 17850-17900 ◽ support zone to buy PUT only below 17600-17570 ◽ Nifty will be weaker on intraday basis below the 17650 ◽ Weekly pivot point 17650 ◽ Monthly pivot point 17450 Thanks for reading, If you like it do follow for more and give reputation which will boost mine confidence to do more. have a nice day 😊
NSE:NIFTY
by agasthya_d
1
BANKNIFTY Shorting strikes using Vix ❗ 🛑 Shorting strikes purely based on India vix volatility index 🛑 Yesterday I given strikes and market closed in between those strikes , and made some good profits (you can checkout by visiting mine profile) 🛑 India vix volatility index helps us to identify short strangle strike's 🛑India Vix closed at 16.40 which is fall by 2.03% , which tells us that Both CE and PE strikes were declining 🛑 ( Caution it doesn't include any sentiment ie . Global or economical or news and avoid Shorting when there's impacting news were came out ) ◽ Indian Vix volatility index works best in range bound market and helps option sellers 🛑 You can also short only side either CALL or PUT and follow respective Stoploss points As per below (Personally suggestion Sell CALL) 🛑 Short Call ◽ short 38000 CE (we can see in option chain data available in nse , there is lot of short positions were holding at 38000 Call side strike) ◽Exit from short Call position when market breakout 38050 resistance zone ( SL ) ◽ Target will be 37200 book your profit at this level 🛑 Short PUT ◽Short 37400 PE (these levels were exact support and resistance in option chain and also in chart analysis you can checkout mine market analysis for Wednesday ) ◽ maintain Stoploss for this position 37400 / exit from this position to restrict your loss ◽ Target will be 38200 / book your profit at this level / exit from short PUT position ◽ we can clearly observe that market maybe trade between this range 🛑Make sure your capital is 1.6 L rupees to execute this strategy 🛑Any doubts regarding on this comment below I will definitely help you guy's And if I'm wrong please let me know in comment section I will definitely correct my mistake ◽ Thanks for reading and do like it and follow for more and give reputation it will boost mine confidence ◽have nice day 😊
NSE:BANKNIFTYShort
by agasthya_d
BANKNIFTY levels for Wednesday ❗❗ Hii Traders 😊 , Welcome to BANKNIFTY Futures and options and optionchain data analysis for friday ◽ Banknifty weekly pivot is at 37500 ◽And monthly pivot is at 37326 ,( intraday levels were explained below I hope that it will help a lot , do like ,share , follow for more ... ) 🛑 if we see day frame chart of BANKNIFTY currnetly trading above 21Day , 50 Day , 100 Day moving averages 🛑 Taking support at 21Day MA 🛑 BANKNIFTY Forming Bullish candle on daily frame 🎯 Key levels to watch out for day trader 🛑 Major resistance zone for BankNifty is at 37950-38050 ( if see the option chain data on call 38000 CE strike holding more number for short position which will act as strong resistance area to bank Nifty ) ◽ If market breakout resistance then we can see Target of 38300 ◽ Whenever until breakout that resistance level don't trade ◽ Stop loss will be 37850 ◽If gap down or slight gap up happens then 37900 will be resistance zone 🛑 Major support level for BankNifty ◽ Support level for nifty lies at 37400-37350 (in option chain data at 35000 PE strike holding more shorts position now it maybe act as support zone) ◽ Whenever until breakdown this level don't take a trade ◽ if Market successfully breakdown this level then we can take a trade ◽ And we can see the Target 1 will be 37100 ◽STOP loss will be 37500 ◽ Market will be indecisive between 37350-37900 🛑levels for banknifty futures will be also same ◽Go long on banknifty Futures if it breakout the resistance ie . 38050-38100 ◽ Don't short the market until below the 37500 Don't take a trade if market open above or below our levels bcz market don't like gaps let the market to consolidate first and then take a trade 🛑 TRADESHOTS ◽ Resistance level for CE buyers /option buyers is at 37950-38050 ◽ support zone to buy PUT / PE is at 37400-37350 ◽ BankNifty will be weaker below the 37500 ◽ Banknifty weekly pivot is at 37500 ◽And monthly pivot is at 37328 Thanks for reading 😊 I hope that it will help a lot and if I'm wrong kindly comment mine mistake surely I will correct it If you like it do follow for more and give reputation which will boost mine confidence to do more. have a nice day 😊
NSE:BANKNIFTY
by agasthya_d
4
NIFTY levels for Wednesday ❗Hii Traders 😊 Welcome to NIFTY 50 Futures and options and option chain analysis for intraday trading ...................... 🛑 Nifty will be stronger above 18000 zone which crucial resistance zone if failed to close above that zone then we can see some correction in market it may can test the 17000 levels This will be crucial for nifty to sustain above the level until then market will be weaker 🛑 Currently it is trading above 21Day ,50 Day, 100 Day moving averages 🎯 Key levels to watch out intraday levels for day trader 🛑 Major resistance zone for Nifty is at 17900-17950 ◽ If market breakout resistance zone then we can see Target of 18050 as first target (if we see the Option chain data more short position are at 18000CE means from option chain data it acting as strong resistance ) ◽ Stop loss for this level is 17850 🛑 Major support level for Nifty 50 ◽ Support level for nifty lies at 17570-17600 (if we see option chain data (it is available in nse website ) at 17600 in put side having more short positions in other words more shorts position were holding at 17600 PE now it will act as strong support zone) ◽ If breakdown happens we can see the 1st Target of 17500 ◽ stop loss ie .17660 🛑 levels for Nifty Futures will be as follows ◽ Go long on nifty Futures if it breakout our resistance 18000 ◽ Don't short the market until below the 17660 ◽In between range is indecisive don't go long or short anything can happen 🛑 Tradeshots ◽ Resistance level for CE buyers /option buyers is at 17900-17950 ◽ support zone to buy PUT / PE is at 17570-17600 ◽ Nifty will be weaker on intraday basis below the 17660 Thanks for reading, If you like it do follow for more and give reputation which will boost mine confidence to do more. have a nice day 😊
NSE:NIFTY
by agasthya_d
Easemytrip Bullish pattern ❗🛑 easemytrip forming bullish pennant pattern ◽ Pattern represents that After a strong upmove weak hands and short term Bulls were exiting from thier position ◽If green trend line breakout with huge volume then we can see it journey towards 700 ◽ Fundamentaly strong stock ◽ good stock for long term vision ➡️ If it breakout 626 level then ◽ We can see target for short term 720 ◽With SL 546 ◽ R:R is 1:1.3 ➡️ If it breakdown 573 level ◽We can see Target 480 ◽With SL 656 ◽ R:R is 1:1.2 If you like it , do share and follow for more Have a nice day 😊
NSE:EASEMYTRIPLong
by agasthya_d
BANKNIFTY Shorting strikes using Vix ❗Hi traders 😊................... 🛑 Shorting strikes purely based on India vix volatility index 🛑 India vix volatility index helps us to identify short strangle strike's 🛑India Vix closed at 16.74 which is fall by 2.73% , which tell us that Both CE and PE strikes were declining ◽ Call premium were not increased as expected due to decrease in volatility 🛑 ( Caution it doesn't include any sentiment ie . Global or economical or news and avoid Shorting when there's impacting news were came out ) ◽Indian Vix volatility index works best in range bound market and helps option sellers 🛑 You can also short only side either CALL or P PUT and follow respective Stoploss points As per below (Personally suggestion Sell CALL) 🛑 Short Call Now clearly we get strike from india vix volatility index to short ie .37900 / 38000 on CALL side (we can see in option chain data available in nse , there is lot of short positions were added at 38000 Call side strike) ◽Exit from short Call position when market breakout 38000 resistance zone ◽ Target will be 37000 book your profit at this level 🛑 Short PUT ◽ Another one in downside we get one strike ie . 37200 on PUT side (these levels were exact support and resistance in option chain and also in chart analysis you can checkout mine market analysis fro Monday ) ◽ maintain Stoploss for this ie.37200 / exit from this position to restrict your Stoploss ◽Target will be 38100 / book your profit at this level / exit from short PUT position ◽ we can clearly observe that market maybe trade between this range ➡️ If sold both strikes (or if you do short strangle) Key important you must have to follow ◽ Exist from one position if breakdown/breakout happens and keep it another side or another position until reach the target ◽ If breakout happens at (38000)exist from Position of CE or buy back CE or close CE selling position Then keep short side PE to reach Target of 37000 ◽ If breakdown happens (at 37200 ) then exist from Position PE or buyback PE or Close Position PE Then keep it selling CALL (CE) until reach Target level 38100 🛑Make sure your capital is 1.6 L rupees to execute this strategy 🛑Any doubts regarding on this comment below I will definitely help you guy's And if I'm wrong please let me know in comment section I will definitely correct my mistake ◽ Thanks for reading and do like it and follow for more and give reputation it will boost mine confidence ◽have nice day 😊
NSE:BANKNIFTYShort
by agasthya_d
8
BANKNIFTY Levels for Tuesday ❓Hii Traders 😊 , Welcome to BANKNIFTY Futures and options analysis for friday ◽ Banknifty weekly pivot is at 37500 ◽And monthly pivot is at 37326 ,( intraday levels were explained below I hope that it will help a lot , do like ,share , follow for more ... ) 🛑 if we see day frame chart of BANKNIFTY currnetly trading above 21Day , 50 Day , 100 Day moving averages 🛑 Taking support at 21Day MA and good thing is closed above the 21DMA 🎯 Key levels to watch out for day trader 🛑 Major resistance zone for BankNifty is at 37850-37900 ◽ If market breakout resistance then we can see Target of 38150 ◽ Whenever until breakout that resistance level don't trade ◽ Stop loss will be 37750 ◽ If gap down or slight gap up happens then 37790-37820 will be resistance zone 🛑 Major support level for BankNifty ◽ Support level for nifty lies at 37200-37100 (which day pivot control region) ◽ Whenever until breakdown this level don't take a trade ◽ if Market successfully breakdown this level then we can take a trade ◽ And we can see the Target 1 will be 36900 ◽STOP loss will be 37300 ◽ Market will be indecisive between 37300-37900 🛑 levels for banknifty futures will be also same ◽Go long on banknifty Futures if it breakout the resistance ie. 37950-38050 ◽ Don't short the market until below the 37300 Don't take a trade if market open above or below our levels bcz market don't like gaps let the market to consolidate first and then take a trade 🛑 TRADESHOTS ◽ Resistance level for CE buyers /option buyers is at 37850-37900 ◽ support zone to buy PUT / PE is at 37200-37100 ◽ BankNifty will be weaker below the 37500 ◽ Banknifty weekly pivot is at 37500 ◽And monthly pivot is at 37328 Thanks for reading 😊 I hope that it will help a lot and if I'm wrong kindly comment mine mistake surely I will correct it If you like it do follow for more and give reputation which will boost mine confidence to do more. have a nice day 😊
NSE:BANKNIFTY
by agasthya_d
5
NIFTY 50 analysis for Tuesday ❗Hii Traders 😊 , Welcome to NIFTY 50 Futures and options analysis for intraday trading ...................... 🛑 Nifty will be stronger above 18000 zone which crucial resistance zone if failed to close above that zone then we can see some correction in market it may can test the 17000 levels This will be crucial for nifty to sustain above the level until then market will be weaker 🛑 Currently it is trading above 21Day ,50 Day, 100 Day moving averages 🎯 Key levels to watch out intraday levels for day trader 🛑 Major resistance zone for Nifty is at 17760-17790 ◽ If market breakout resistance zone then we can see Target of 17880 as first target (if we see the Option chain data here 17800 CE holds more short position and next strike is 18000CE) ◽ Stop loss for this level is 17700 🛑 Major support level for Nifty 50 ◽ Support level for nifty lies at 17530-17500 ◽ If breakdown happens we can see the 1st Target of 17400 ◽ stop loss ie .17580 🛑 levels for Nifty Futures will be as follows ◽ Go long on nifty Futures if it breakout our resistance ◽ Don't short the market until below the 17500 ◽In between range is indecisive don't go long or short anything can happen 🛑 Tradeshots ◽ Resistance level for CE buyers /option buyers is at 17760-17790 ◽ support zone to buy PUT / PE is at 17530-17500 ◽ Nifty will be weaker on intraday basis below the 17500 Thanks for reading, If you like it do follow for more and give reputation which will boost mine confidence to do more. have a nice day 😊
NSE:NIFTY
by agasthya_d
1
BANKNIFTY Short ❗❗Hi traders 😊................... 🛑 Shorting strikes purely based on India vix volatility index 🛑 India vix volatility index short strangle strike's 🛑India Vix closed at 17.21 which is fall by 6.47% on friday which show's that Friday market is in range bound and 🛑If we calculate India vix for day volatility or expected swing in both side for next day the we will get ( Caution it doesn't include any sentiment ie . Global or economical or news) ◽ Indian Vix volatility index works best in range bound market and helps option sellers ◽ Now clearly we get strike from india vix volatility index to short ie .37600 on CALL side ◽ Another one in downside we get one strike ie . 36900 on PUT side ( these levels were exact support and resistance in option chain and also in chart analysis you can checkout mine market analysis fro Monday ) ◽we can clearly observe that market maybe trade between this range so I will going to do this Short strangle means selling OTM strikes of PE And CE 🛑 short CALL ➡️ Sell 37600 CE with stop loss of 37650 (simply exist from position CE after breakout of 37650 ) ◽ Target will be 36800 🛑 Short PUT ➡️. Sell 36900 PE with the Stoploss of 36900 (or in other words : exist from PUT position if breakdown of 36900 which crucial support zone ) ◽ Target will be 37800 ➡️ If sold both strikes (or if you do short strangle) Key important you must have to follow ◽ Exist from one position if breakdown/breakout happens and keep it another side or another position until reach the target ◽ If breakout happens at (37650)exist from Position of CE or buy back CE or close CE selling position Then keep short side PE to reach Target of 37800 ◽ If breakdown happens (at 36900 ) then exist from Position PE or buyback PE or Close Position PE Then keep it selling CALL (CE) until reach Target level 36800 🛑You can also short only side either CALL or P PUT and follow respective Stoploss points (Personally I will recommend Sell CALL or CE becaut fear market is higher ) 🛑Make sure your capital is 1.6 L rupees to execute this strategy 🛑Any doubts regarding on this comment below I will definitely help you guy's And if I'm wrong please let me know in comment section I will definitely correct my mistake ◽ Thanks for reading and do like it and follow for more and give reputation it will boost mine confidence ◽have nice day 😊
NSE:BANKNIFTYShort
by agasthya_d
NIFTY 50 analysis for Monday ❗❗Hii Traders 😊 , Welcome to NIFTY 50 Futures and options analysis for intraday trading ...... 🛑 Nifty will be stronger above 18000 zone which crucial resistance zone if failed to close above that zone then we can see some correction in market it may can test the 17000 levels This will be crucial for nifty to sustain above the level until then market will be weaker 🛑 Currently it is trading above ,50 Day, 100 Day moving averages 🛑 Taking support from 21Day moving average and good thing is closed above the moving average 🛑As I told in friday market analysis , 17600 will be crucial support zone for nifty but due to huge gap down market opened below the 17600 and it failed to closed above the level and for Monday market it will be crucial for market to close above the level for some movement 🎯 Key levels to watch out intraday levels for day trader 🛑 Major resistance zone for Nifty is at 17570-17600 ◽ If market breakout resistance zone then we can see Target of 17700 as first target (if we see the Option chain data here 17700 CE holds more short position and next strike is 18000CE) ◽ Stop loss for this level is 17530 ◽ Whenever until market below the 17570 market will be weaker and we can see more Shorts position in CALL and nifty futures as well 🛑 Major support level for Nifty 50 ◽ Support level for nifty lies at 17440-17410 ◽ If breakdown happens we can see the 1st Target of 17310 ◽ stop loss ie .17500 🛑 levels for Nifty Futures will be as follows ◽ Go long on nifty Futures if it breakout the resistance 17570-17600 stay light with quantity ◽ Don't short the market until below the 17440-17410 ◽In between range is indecisive don't go long or short anything can happen 🛑 Tradeshots ◽ Resistance level for CE buyers /option buyers is at 17570-17600 ◽ support zone to buy PUT / PE is at 17440-17410 ◽ Nifty will be weaker on intraday basis below the 17570 Thanks for reading, If you like it do follow for more and give reputation which will boost mine confidence to do more. have a nice day 😊
NSE:NIFTY
by agasthya_d
2
BANKNIFTY strikes to sell based on India vix❗ ❗ Hi traders 😊 🛑 Banknifty short strangle strikes 🛑 Selling strikes purely based on India vix volatility index 🛑India Vix closed at 18. 54 with gaining of nearly 2.71% over the one day which means premiums were high on both the sides of options which is help for option sellers if market stays between this range as follows 🛑If we calculate India vix for day volatility or expected swing in both side for next day the we will get ◽ Here banknifty can go upto max +370 points from previous close 37945 means it may can swing up to hardly 38315 we can see in option chain their is more shorts position were holding by institutional traders ◽ Or can go down by -370 points from previous close 37945 and it may be swing down to 37575 ( Caution it doesn't include any sentiment ie . Global or economical or news ) ◽ Indian Vix volatility works best in range bound market and helps option sellers ◽ Now clearly we get one strike from to short ie .38300 in CALL side ◽ Another one in downside we get one strike ie . 37500 PUT side ◽we can clearly observe that market maybe trade between this range so I will going to do this Short strangle means selling OTM strikes of PE And CE ◽ short CALL ➡️ Sell 38300 CE with stop loss of 38150 (simply exist from position after breakout of 38150 with is crucial resistance level I have discussed above it you can checkout by visiting mine profile) ◽ Short PUT ➡️ Sell 37500 PE with Stoploss of 37600 (or in other words : exist from PUT position if breakdown of 37600 which crucial support zone and it is pivot point control region. I have discussed above it clearly u can visit mine profile and Checkout) ➡️ If sold both strikes (or if do short strangle) Key important you must have to follow ◽ Exist from one position if breakdown/breakout happens and keep it another side for until reach the target level ( if want to know Target level set visit mine profile and watchout BANKNIFTY analysis for expirey day I have clearly mentioned Target levels) ◽ If breakout happens at (38150)exist from Position of CE or buy back CE or close CE selling position Then keep short side PE to reach Target of 38500 (I clearly explained about it visit mine profile) ◽ If breakdown happens (at 37600 ) then exist from Position PE or buyback PE or Close Position PE Then keep it selling CALL (CE) until reach Target level 37300 🛑You can also short only side either CALL or PE and follow respective Stoploss points (Personally I will recommend Sell CALL or CE becaut fear market is higher ) 🛑Make sure your capital is 1.6 L rupees to execute this strategy 🛑Any doubts regarding on this comment below I will definitely help you guy's And if I'm wrong please let me know in comment section I will definitely correct my mistake ◽ Thanks for reading and do like it and follow for more and give reputation it will boost mine confidence ◽have nice day 😊
NSE:BANKNIFTYShort
by agasthya_d
1
Nifty 50 chart analysis Nifty formed an green hammer (Which is telling that there was selling pressure during the day ultimately a strong buying pressure drove the prices . This is what happened today) And if we see the intraday volatility today is about 0.72% which is good volatility range Positive sign :- closed above intraday pivot control point of 17500 level which is 1st resistance level for Nifty today I give an caution for option sellers (u can see in mine profile) ie. CALL shorts will get covered if breakout of 17500-17530 levels If go and see the option chain data (Given link below ) u can more shorts get covered in between strikes of 17500 to 17800 . Let's watch out intraday levels for Nifty for 22 SEP 🎯 Key levels Buying CALL only above 17620-17650 level which very crucial resistance zone And Buying PUT option only when traded below the 17330-17300 level which is very crucial support zone And Nifty will become when it's Traded below the 17450 level which is control pivot point region and don't short market until breakdown down this level [ call writers] otherwise u will run for covering
NSE:NIFTY
by agasthya_d
1
Nift Chart analysisCan you guys see which patter Nifty is formed now .... If you see in 5 mins chart you can see clear picture of it . Nifty as bounce back from support level of 17330-17300 it's support level of past 5th pivot point region which is imp support level and formed inverse head and shoulders with taking resistance of level 17430 lower end of today pivot point which acting as an strong resistance now and Take an trade BUY CALL Nifty when it breakout of resistance 17500-17510 with low quantity because there's more volatility in market ...
NSE:NIFTY
by agasthya_d
Nifty Daily - Dark Cloud cover Nifty is on strong uptrend. Nifty gapped up on 09/17/21, however within first two hours the up move was rejected and sellers dominated the market. This formed "Dark Cloud Cover" pattern where the current day candle gaps up and reverts to down move. By the close of day, red candle penetrates at least at 50% level of previous day candle showing the seller dominance. This created strong resistance at the upper wick , 17800 . trade idea (aggressive): Sell 17800 CE in tracking quantity. initial stop loss would be 50% of the premium (if aggressive). Position can be hedged by creating a spread. Pyramid as the market moves in favor. Trade Idea (Conservative): wait for retest of 17800, once rejected, initiate position in FNO of short side.
NSE:NIFTYShort
by patelamit13
NTPC LongNTPC/USD Information: National Thermal Power Corporation Limited is the largest power utility in India, both in terms of size and efficiency. The statutory corporation has done new investments in renewable energy sources on the Indian market. Signals: Position: Long Entry price: Limit order at 1,60 USD. There could also be an argument made about placing a market order at 1,65 USD, depending on the following indicators. Stop Loss: 1,55 USD Target price: 2,0 USD %: 2,0/1,65 = 25% increase Indicators: Bollinger Bands: The squeeze of the Bollinger Bands happened two days ago on the 14h of September, from where the Bollinger bands were expanding, and a period of higher volatility started to happen. MACD: The MACD indicator indicates a bullish movement. The MACD line crossed the signal line on the 31st of August and once again on the 13th of September and the indicators indicate that the uptrend might be continuing which is identified by the histogram is spreading further apart from each other. RSI: The RSI line is at 62.97 which indicates that the stock is on an upwards trend, and that the stock is slightly overbought. Conclusion/Analysis: This uptrend began on the 31st of August but within the volatility lines explained by the Bollinger Bands but on the 14h of September does the volatility increase and might show an accumulating market. The analysis also shows that both the MACD line and the RSI are showing bullish momentum as well as the stock being in this high volatility time period indicates that the stock has momentum going forward meeting the demand of the Indian population (1,366 Billion) as well as their recent expansion in renewable energy. What also is notable is that the stock is slightly overbought and that the stock price would fall down towards the limit order of 1.60 USD.
BSE:NTPCLong
by vf_investment