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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
BANKNIFTY short strangle strike's ❗❗❓Hii , traders 😊 I hope that you are doing well 🛑 Are seeking for which strike I have to sell then listen here for 1 min 🛑 Selling strikes purely based on India vix 🛑 Short strangle strike's for BANKNIFTY ◽ sell CALL ➡️ Sell 38100 CE with stop loss of 37900 (simply exist from position after breakout of 37900 with is crucial resistance level I have discussed above it you can checkout by visiting mine profile) ◽ Sell PUT ➡️ Sell 37400 PE with Stoploss of 37500 (or in other words : exist from PUT position if breakdown of 37500 which crucial support zone . I have discussed above it clearly u can visit mine profile and Checkout) ➡️ If sold both both strikes (in other words 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 (37900)exist from Position of CE or buy back CE or close CE selling position Then keep short side PE to reach Target of 38000 (I clearly explained about this crucial resistance level you can visit mine profile and Checkout) ◽ If breakdown happens (at 37500 ) then exist from Position PE or buyback PE or Close Position PE Then keep it selling CALL (CE) until reach Target level 37250 🛑You can also short only side either CALL or PE and follow respective Stoploss points (Personally I will recommend Sell CALL or CE because fear market is higher means if negative is out then fear market will be higher and it will go behind our expectations) 🛑 What is the margin required to do this Short strangle ❗❓ Yeah , ➡️ Margin requires about 1.3 L in Indian rupees ◽ And you can also reduce this margin to 66k (66000) 😱 How ❗❓ ➡️ If you buy far OTM strikes for Covering to Both CE and PE then u will get margin benefit about 64k (1.3L - 66k = 64k benefit means no need to pay if you buy covering CE and PE for sell ) If you do this you only need to pay 66000 as margin to execute this trade instead of 1.3L 🛑Do you wanna know completely about how to select strike to short the market based on India vix volatility index ❗❓ Well , I will explain about ◽ If you give me 10 like and 10 reputation Then I will explain about it in next analysis 😊 🛑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 me reputation it will boost mine confidence. have nice day 😊
NSE:BANKNIFTYShort
by agasthya_d
1
JSWSteel - ready to breakoutHello Friends, I am posting after couple of years :). Due to personal work, I didnot concentrate on trading. Well, here I am. With stock ideas. Soon, will post Crypto Ideas as well. JSWSteel, it broke the triangle patter few days back. Now trading at 750 ranges testing the ATH. Now, seems the selling pressure as been reduced and we are at the last push. A dip to 730 rs, can help the stock to gain the strength and make new ATH. This scenario would complete a Cup and handle pattern. One can watch this and trade the breakout. I am just sharing my analysis, you own your money. So, when you trade please manage your risk.
NSE:JSWSTEELLong
by maheswar81
Mind the Indian Stock Market!The Indian Market has seen some an insane frenzy of bullishness in recent weeks. Favourable PMI numbers and overjoy about expanding economies have led the gamblers to go north like nobody's business in the last few days. Errh.. they forgot about supply chain bottlenecks. 🙄 The interesting thing about this position is what it 'makes'' you think - or is that 'feel'? I don't know what's going to happen. Let me say that again, I don't know what's going to happen. The reality is that the Indian economy is in dire straits at the grass roots. The further excitement travels from reality, the greater is the eventual pain. For new traders, have you noticed that when you get stopped out price tends to reverse just a few points after? Then you shout expletives when price follows your original direction and you get left behind. It's soooo infuriating! 😠👿 Why? Price has a higher probability of reversal at peaks and troughs on any time frame. The trouble is setting your stop loss with enough elasticity to catch it, whilst avoiding FOMO. This is not advice - it is experience shared. (Mind my brutal disclaimer below). Price usually reverses at a point much greater than we anticipate, even after all the technical analysis. That's been happening a whole lot, especially in the pandemic period. So - positions like this one on the daily Indian charts are very difficult to short. Keep in mind that shorting is always more difficult in Stock indices than going long. The great thing about short-selling indices (around this time) is that if they drop, they have a long way to go. So no rush. Small position sizes with very wide affordable stop losses are one answer to the ridiculous volatility. When a deep trend develops on the 15 to 30 min time frame that's the one to watch. I don't fight a daily time frame! Both the Indian and German markets have recently decided to track the USTECH100. That's pretty dangerous gambling. How? When the crash (>50% correction) starts we know it's going to start with TECH. P/E ratios are wild in the tech sector, and totally unrealistic. But of course it depends on which guru you believe. Some recall what happened in the Dotcom era. Some have forgotten. Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
I
by Captain_Walker
3
The Indian Channel - popcorn ready? This looks like a channel, so I say it is a channel. The interesting thing about channels is that you will almost never get all price points on the lines. Price can break up and out then return in, or break down and out and come back in, or break totally out and stay out. But it's an opportunity for those who plan carefully. Stay safe. Don't get the Indian variant of the virus. Don't splurge your money. Blah blah! LOL. 😁😂 Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions and not intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which has a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
I
by Captain_Walker
USD/INR FX EXOTICS PAIR LONG TERM BUY MY PRICE PREDICTION FOR USD-INR IS 78.550 – MID JULY 2021 AND 80.555 BY JAN 2022 (LONG TERM BUY IDEA) CURRENT MARKET IS ON A STRONG UPTREND. IN THE SHORT TERM THE CURRENT UP TREND MAY BREAK AT 74.650 WHICH 50% OF THE FIB LEVELS AND GO DOWN TO 73.330 WHERE THE ORDER BLOCK IS & FROM THE WE CAN EXPECT A LONG TERM BUY ENTRY OPPORTUNITY POSSIBLE BUY OPPORTUNITY IS AT 73.130 – 74.140 INSTITUTIONAL ORDER BLOCK LEVELS ARE 72.755 – 73.350 – 77.420 RED DOWN ARROWS INDICATE POTENTIAL SELL OPPORTUNITIES. GREEN UP ARROWS INDICATE POTENTIAL BUY OPPORTUNITIES. MY ANALYSIS > SRT, PRICE ACTION, INSTITUTIONAL ORDER BLOCKS AND FIB RETRACEMENT
ULong
by Quadruple_Capitals
Mars next stop for the Indians?If you thought the DJI was overvalued, have a look at the India50. This thing has outperformed loads of other stock indices, even rivalling the Brazilian Bovespa. They've certainly passed the moon. Could the next stop be Mars? Well I think a significant correction is well overdue. Of course, I don't know when that might happen. The show could start with a 5 to 15 min trend south. So, I'm all eyes on this one. The recent pump in the last 2 days was mainly about the DJI pump. Oh yes, markets around the world draw confidence from the DJI, as misplaced as that is. So now we have one air market filling up on air from another market. That's looking for trouble. Attacking this for a short means I'm setting up alerts for 5 to 15 min trends south. It's already heavily bullish. I don't like going long at the top of markets. Strange things tend to happen there. Disclaimers : This is not advice or encouragement to trade securities on live accounts. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected if trading live accounts. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
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I
by Captain_Walker
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