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NIFTY 50 Chart pattern ❗❗🛑 Nifty forming Flag pattern in daily frame ➡️ From aug to sep It rallied about 12%-13% From 15900-17900 ◽ This rally confirm that Other time frame players were present (OTF) Means big players were involved in this rally to take the market towards all time high ➡️ Now , it's corrected about 2%-3% from all time high ◽Means its saying that short term Bulls were exiting from Thier position or in other words weak players were exiting ◽Look like market is consolidating maybe this can continue for some days , as market is showing weakness so Bears can active and there is a chance they can short the market ◽ Stay light on your position and reduce your quantity until market close above 17950-18000 levels I hope that it will help a lot , If you like it do follow Have a nice day 😊
NSE:NIFTY
by agasthya_d
BANKNIFTY analysis for Monday ❗❗Hii Traders 😊 , Welcome to BANKNIFTY Futures and options analysis for friday ◽ Banknifty weekly pivot is at 37493 ◽ And monthly pivot is at 37328 briefly explained below I hope that it will help you, do like ,share , follow for more ... 🛑 if we see day frame chart of BANKNIFTY currnetly trading above 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 37550-37650 ◽ If market breakout resistance then we can see Target of 37900 ◽ Whenever until breakout that resistance level don't trade ◽ Stop loss will be 37450 🛑 Major support level for BankNifty ◽ Support level for nifty lies at 36950-36850 ◽ 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 36650 ◽STOP loss will be 37050 ◽ Market will be indecisive between 37700-36900 🛑 levels for banknifty futures will be also same ◽Go long on banknifty Futures if it breakout the resistance ◽ Don't short the market until below the 37000 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 37550-37650 ◽ support zone to buy PUT / PE is at 36850-37950 ◽ BankNifty will be weaker below the 37300 ◽ Banknifty weekly pivot is at 37493 ◽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
BANKNIFTY Channel pattern analysis ❗ 🛑 Banknifty forming Ascending parallel channel pattern in Day frame chart ...... 🛑 Usually it forms during uptrend markets 🛑To formation of ascending channel an underlying security / stock must forms an Higher highs and lower lows 🛑 As we can see banknifty forming Higher highs and Higher lows 🛑 When we connected those higher highs and Higher lows we get an ascending channel 🛑What is higher high ❓ Well, When an stock making new high than previous high is called higher high For example , let's take an X company is trading at 11 Rs on 28th sep and Today X company Trading at 15 Rs this is called X company making Higher high 🛑What is Higher low ❓ Well, When an stock get huge short and making low that Low price is not less than previous low. In other words current low of an X company is high when compared to previous low For example, let's take an X company which is trading at 9 Rs on 27th sep and made an high of 15 Rs yesterday today shorter's entered market they short X company's share now it is trading at 13 Rs Means 13Rs low is higher than 9Rs low this is called Higher low 🛑What does Ascending parallel channel actually represents ❓ Well, when an stock or an index makes an new high and its short term correction is higher low ( means it does not go below the previous low ) In other words when buyers were aggressive take the market upwards making new high and they doesn't let market go below the previous low which means they were in the control and they were not letting sellers to control the market 🛑 Banknifty now may take support from 37250-37200 levels and it may be bounce back from the Trend line support 🛑If banknifty breakdown the Trend line support then we can expect Sideways market for some couple of days I hope that it will help a lot If like it do follow for more Have a nice day 😊
NSE:BANKNIFTY
by agasthya_d
NIFTY 50 crucial zone for day trade ❗❗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 🛑 Currently it is trading above all moving averages 21 Day ,50 Day, 100 Day 🛑It taken the support at 17600 I'm repeatedly saying that it is good support zone it taken support from here for the 3rd trading session and if it breakdown this level I'm sure Market will get short term correction 🛑Don't take position or don't go long on any stocks right now or stay light reduce your quantity and move from quantity to quality stocks 🎯 Key levels to watch out intraday levels for day trader 🛑 Major resistance zone for Nifty is at 17780-17740 where at this point nifty tried to breakout this level ◽ If market breakout resistance zone then we can see Target of 17860 as first target ◽ Stop loss for this level is 17700 ◽markett will shown some weakness if it traded below 17700 on intraday basis 🛑 Major support level for Nifty 50 ◽ Support level for nifty lies at 17600-17560 I'm repeatedly saying that this will be crucial support zone today also taken support from this level and bounce backed ◽ If breakdown happens we can see the 1st Target of 17430 ◽2nd target will be 17320 ◽ stop loss ie .17640 If market traded below this level I'm sure market will be weak on intraday basis ◽ For nifty their strong support at 17560-17600 if this zone is breakdown then we will enter into range bound market or short term correction ( consolidation) period for some days 🛑 levels for Nifty Futures will be as follows ◽ Go long on nifty Futures if it breakout the resistance 17710-17750 stay light with quantity ◽personal recommend Don't go long until breakout of 18000 ◽ Don't short the market until below the 17600-17570 ◽In between range is indecisive don't go long or short anything can happen 🛑 Tradeshots ◽ Resistance level for CE buyers /option buyers is at 17740-17780 ◽ support zone to buy PUT / PE is at 17600-17570 ◽ Nifty will be weaker on intraday basis below the 17700 (Yesterday also I told that market will be weaker below these levels and we can see that today piovot point control region as formed at 17700) 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
BANKNIFTY Shorting strikes for expirey Hi traders 😊 🛑 Banknifty short strangle strikes 🛑 Shorting strikes purely based on India vix volatility index 🛑India Vix closed at 18.84 with gaining of nearly 1.62% over the one day which means premiums were high on both the sides of options . India vix measures the expected volatility for next one year means Nifty can go up by +18.81% towards upside from today's close to next one year and other chance -18.81% can go down by next one year 🛑 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 +375 points from previous close 37743 means it may can swing up to hardly 38200 ( not exactly add previous close ie.37743 + expected movement points ie. 375 ) ◽ Or can go down by -370 points from previous close 37743 and it may be swing down to 37300 ( 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 .38200 in CALL side ◽ Another one in downside we get one strike ie . 37300 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 38200 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 37300 PE with Stoploss of 37300 (or in other words : exist from PUT position if breakdown of 37300 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 38300 (I clearly explained about it visit mine profile) ◽ If breakdown happens (at 37300 ) then exist from Position PE or buyback PE or Close Position PE Then keep it selling CALL (CE) until reach Target level 37000 🛑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:BANKNIFTY
by agasthya_d
1
NIFTY 50 levels for monthly expirey ❗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 🛑 Currently it is trading above all moving averages 21 Day ,50 Day, 100 Day 🛑It taken the support at 17600 I'm repeatedly saying that it is good support zone it taken support and if it breakdown this level I'm sure Market will get short term correction 🛑 Don't take position or don't go long on any stocks right now or stay light reduce your quantity and move from quantity to quality stocks 🎯 Key levels to watch out intraday levels for day trader 🛑 Major resistance zone for Nifty is at 17770-17800 where at this point nifty tried to breakout this level ◽ If market breakout resistance zone then we can see Target of 19000 as first target ◽2nd target will be 18000 ◽ Stop loss for this level is 17710 ◽markett will shown some weakness if it traded below 17700 on intraday basis 🛑 Major support level for Nifty 50 ◽ Support level for nifty lies at 17600-17560 I'm repeatedly saying that this will be crucial support zone today also taken support from this level and bounce backed ◽ If breakdown happens we can see the 1a st Target of 17430 ◽2nd target will be 17320 ◽ stop loss ie .17660 If market traded below this level I'm sure market will be weak on intraday basis ◽ For nifty their strong support at 17560-17600 if this zone is breakdown then we will enter into range bound market or short term correction ( consolidation) period for some days 🛑 levels for Nifty Futures will be as follows ◽ Go long on nifty Futures if it breakout the resistance 17760-17800 stay light with quantity ◽personal recommend Don't go long until breakout of 18000 ◽ Don't short the market until below the 17600-17580 ◽In between range is indecisive don't go long or short anything can happen 🛑 Tradeshots ◽ Resistance level for CE buyers /option buyers is at 17760-17800 ◽ support zone to buy PUT / PE is at 17600-17560 ◽ Nifty will be weaker on intraday basis below the 17700 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:NIFTY
by agasthya_d
1
NIFTY 50 Levels for 29th Wednesday ❗❗Hii Traders 😊 Welcome to NIFTY 50 levels for intraday trading 🛑 Nifty shown weakness in today's market 🛑 If see day frame chart we can observe one single Red candel which is covered almost last 3 day' trading session 🛑Which means sellers were aggressive in the market but buyers were to try to pull back things 🛑It taken the support at 17600 I'm repeatedly saying that it will be good support zone it taken support and try to pull back the things 🛑If we see the Day volatility it is about 0.94% which higher for index 🎯 Key levels to watch out intraday levels for day trader 🛑 Major resistance zone for Nifty is at 17940-17970 where at this point nifty tried to breakout this level ◽ If market breakout resistance zone then we can see Target of 18100 ◽ Stop loss for this level is 17870 here the pivot point control region ◽markett will shown some weakness if it traded below 17700 🛑 Major support level for Nifty 50 ◽ Support level for nifty lies at 17600-17560 ◽ If breakdown happens we can see the 1a st Target of 17430 ◽2nd target will be 17320 ◽ stop loss ie .17660 If market traded below this level I'm sure market will be weak on intraday basis ◽ For nifty their strong support at 17560-17600 if this zone is breakdown then we will enter into range bound market or short term correction ( consolidation) period for some days 🛑Stay light on your quantity 🛑 levels for Nifty Futures will be as follows ◽ Go long on nifty Futures if it breakout the resistance 17920-17950 ◽ If nifty traded above 18100 ◽If market traded above 18000 then shorter's will run for covering ◽ Don't short the market until below the 17700-17600 levels 🛑 Tradeshots ◽ Resistance level for CE buyers /option buyers is at 17940-17970 ◽ support zone to buy PUT / PE is at 17600-17560 ◽ Nifty will be weaker on intraday basis below the 17700 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:NIFTY
by agasthya_d
BANKNIFTY levels for 29th Wednesday ❗❗Hii Traders 😊 Welcome to BANKNIFTY Futures and options analysis for 29th Wednesday 🛑 if we see day frame chart of BANKNIFTY we can clearly observe that today's candel which is covered nearly last 3 trading session 🛑 Their was huge selling pressure but buyers were try to pull the things back 🛑 If we see the Day volatility is about 1.3% means which is high and not tradable or suitable volatility for retail traders and fluctuated points is about 1062 🎯 Key levels to watch out for day trader 🛑 Major resistance zone for BankNifty is at 38350-38400 where at this point BankNifty tried to breakout level and ◽ If market breakout resistance then we can see Target of 38550 ◽ If banknifty traded above these levels I'm sure that more shorts were get covered in 37500 CE and 37600 CE strikes ◽ Whenever until breakout that resistance level don't trade ◽ Above 38150 will be momenum for buyers to control the market until then market will be weaker ◽ Stop loss will be 38150 if market traded below this level then banknifty will be weaker and might be fear can continue 🛑 Major support level for BankNifty ◽ Support level for nifty lies at 37300-37250 ◽ Whenever until breakdown this level don't trade ◽Below the 37600 market will be weaker but it is indecisive ◽ if Market successfully breakdown this level then we can take a trade ◽ And we can see the Target 1 will be 37000 ◽Target 2 will be 36850 ◽ STOP loss will be 37400 where it acting as strong support and resistance ◽Use Target 1 as trailing Stoploss to achieve 2nd target I sure you will not gone loose money for market 🛑 levels for banknifty futures will be also same ◽Go long on banknifty Futures if it breakout the resistance ◽ Don't short the market until below the 37600 ◽Go short below the support level 37300 🛑 TRADESHOTS ◽ Resistance level for CE buyers /option buyers is at 38350-38400 ◽ support zone to buy PUT / PE is at 37300-37250 ◽ BankNifty will be weaker on intraday basis below the 37600 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
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 levels for 27th Monday ❗Hii Traders 😊 🎯 Key levels to watch out intraday levels for day trader 🛑 Major resistance zone for Nifty is at 17930-17960 where at this point nifty tried to breakout level ◽ If market breakout resistance zone then we can see Target of 18060 ◽ Stop loss for this level is 17870 here the pivot point control region ◽markett will shown some weakness if it traded below 17870 ◽ if huge gap up ( ie . Above 17960)happens the don't take a trade let the market correct because market Dont like gaps whether it may be huge gap up or gap down so let market get correct for some time then take the trade 🛑 Major support level for Nifty 50 ◽ Support level for nifty lies at 17770-17740 ◽ Also this level can called as virgin CPR support area means It pivot point region based on yesterday value area where in active trading session market doesn't touch the that level (those levels or pivot control point are called virgin CPR ) ◽ If breakdown happens we can see the Target of 17620 🎯 ◽ stop loss ie .17830 If market traded below this level I'm sure market will be weak on intraday basis 🛑 levels for Nifty Futures will be remains same as above ◽ Go long on banknifty Futures if it breakout the resistance ◽ If banknifty traded above 18000 I'm sure that more shorts get covered in nifty Futures ◽ Don't short the market until below the 17 🛑 Tradeshots ◽ Resistance level for CE buyers /option buyers is at 17790-17830 ◽ support zone to buy PUT / PE is at 17570-17530 ◽ Nifty will be weaker on intraday basis below the 17830 Thanks for reading 😊 I hope that it will help a lot and 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:NIFTY
by agasthya_d
3
BANKNIFTY levels for 27th Monday ❗Hii Traders 😊 Welcome to BANKNIFTY chart and Futures analysis for 27th Monday 🎯 Key levels to watch out for day trader 🛑 Major resistance zone for BankNifty is at 38050-38150 where at this point BankNifty tried to breakout level and if you see the Option chain data in NSE website we can see at this point more shorts were added in Friday market ◽ If market breakout resistance then we can see Target of 38300 ◽ Stop loss will be 38000 if market traded below this level then banknifty will be weaker and might be fear can continue ◽Banknifty might be shown some more weakness below 37780 ◽ if huge gap up happens above 38150 the don't take a trade let the market correct because market Dont like gaps whether it may be huge gap up or gap down so let market get correct for some time then take the trade 🛑 Major support level for BankNifty ◽ Support level for nifty lies at 37680-37600 this the region of yesterday's value area means major valume is lies their so it acting as support zone ◽ Market successfully breakdown this level then we can take a trade ◽ And we can see the Target of 36600 ◽ STOP loss will be 37830 where previous day close acting as strong support and resistance 🛑levels for banknifty futures will be also same ◽Go long on banknifty Futures if it breakout the resistance ◽ If banknifty traded above 38000 I'm sure that more shorts get covered in banknifty Futures ◽ Don't short the market until below the 37800 🛑 TRADESHOTS ◽ Resistance level for CE buyers /option buyers is at 38050-38150 ◽ support zone to buy PUT / PE is at 37680-37600 ◽ BankNifty will be weaker on intraday basis below the 37800 Thanks for reading 😊 I hope that it will help a lot and 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
1
BANKNIFTY strikes to selling based on vix❗ Hi traders 😊 🛑 Banknifty short strangle strikes 🛑 Selling strikes purely based on India vix volatility index 🛑India Vix closed at 16.92% which means nifty can swing upto +16.92% upside from previous close or -16.92% towards downside from previous close over next one year 🛑 If we calculate it for day volatility or expected swing in both side for next day the we will get ◽ Here banknifty can go upto max +340 points from previous close 37830 means it may can swing up to hardly 38170 ◽ Or can go down by -340 points from previous close 37830 and it may be swing down to 37490 ( 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 Vix index ie .38200 strike as resistance we can short it ◽ Another one in downside we get one strike ie . 37400 as support ◽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 ◽ sell CALL ➡️ Sell 38200 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) ◽Sell PUT ➡️ Sell 37400 PE with Stoploss of 37600 (or in other words : exist from PUT position if breakdown of 37600 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 (38150)exist from Position of CE or buy back CE or close CE selling position Then keep short side PE to reach Target of 38300 (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 37450 🛑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
3
BANKNIFTY strikes for short strangle ❗Hi traders 😊 🛑 Banknifty short strangle strikes 🛑 Selling strikes purely based on India vix volatility index 🛑India Vix closed at 16.92% which means nifty can swing upto +16% upside from previous close or -16% towards downside 🛑If calculate it for day volatility ◽ Here banknifty can go upto max +340 points from previous close 37830 ◽ Or can go down by -340 points from previous close 37830 ( Caution it doesn't include any sentiment ie. Global or economical or news) ◽ Now clearly we get one strike from Vix index ie.38200 strike as resistance we can short it ◽ Another one in downside we get one strike ie. 37400 as support ◽we can clearly observe that market can trade with in this range so I will going to do this Short strangle means selling OTM strikes of PE And CE ◽ sell CALL ➡️ Sell 38200 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) ◽Sell PUT ➡️ Sell 37400 PE with Stoploss of 37600 (or in other words : exist from PUT position if breakdown of 37600 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 (38150)exist from Position of CE or buy back CE or close CE selling position Then keep short side PE to reach Target of 38300 (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 37450 🛑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
NIFTY analysis for 27th MondayHii Traders 😊 Welcome to NIFTY 50 and Futures chart analysis for 27th Monday 🔺 🛑 I'm sure that you will make note of these crucial levels 🎯 Key levels to watch out intraday levels for day trader 🛑 Major resistance zone for Nifty is at 17930-17960 where at this point nifty tried to breakout level ◽ If market breakout resistance zone then we can see Target of 18060 [/b ◽ Stop loss for this level is 17870 here the pivot point control region ◽markett will shown some weakness if it traded below 17870 ◽ if huge gap up (ie. Above 17960)happens the don't take a trade let the market correct because market Dont like gaps whether it may be huge gap up or gap down so let market get correct for some time then take the trade 🛑 Major support level for Nifty 50 ◽ Support level for nifty lies at 17770-17740 ◽ Also this level can called as virgin CPR support area means It pivot point region based on yesterday value area where in active trading session market doesn't touch the that level (those levels or pivot control point are called virgin CPR ) ◽ If breakdown happens we can see the Target of 17620 🎯 ◽ stop loss ie.17830 If market traded below this level I'm sure market will be weak on intraday basis 🛑 levels for Nifty Futures will be remains same as above ◽ Go long on banknifty Futures if it breakout the resistance ◽ If banknifty traded above 18000 I'm sure that more shorts get covered in nifty Futures ◽ Don't short the market until below the 17 🛑 Summary ◽ Resistance level for CE buyers /option buyers is at 17790-17830 ◽ support zone to buy PUT / PE is at 17570-17530 ◽ Nifty will be weaker on intraday basis below the 17830 Thanks for reading 😊 I hope that it will help a lot and 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:NIFTY
by agasthya_d
BANKNIFTY levels for 27th Monday ❗Hii Traders 😊 Welcome to BANKNIFTY chart and Futures analysis for 27th Monday 🛑I'm sure that you will make note of these crucial levels for Monday market 🎯 Key levels to watch out for day trader 🛑 Major resistance zone for BankNifty is at 38050-38150 where at this point BankNifty tried to breakout level and if you see the Option chain data in NSE website we can see at this point more shorts were added in Friday market ◽ If market breakout resistance then we can see Target of 38300 ◽ Stop loss will be 38000 if market traded below this level then banknifty will be weaker and might be fear can continue ◽Banknifty might be shown some more weakness below 37780 ◽ if huge gap up happens above 38150 the don't take a trade let the market correct because market Dont like gaps whether it may be huge gap up or gap down so let market get correct for some time then take the trade 🛑 Major support level for BankNifty ◽ Support level for nifty lies at 37680-37600 this the region of yesterday's value area means major valume is lies their so it acting as support zone ◽ Market successfully breakdown this level then we can take a trade ◽ And we can see the Target of 36600 ◽ STOP loss will be 37830 where previous day close acting as strong support and resistance 🛑levels for banknifty will be also same ◽Go long on banknifty Futures if it breakout the resistance ◽ If banknifty traded above 38000 I'm sure that more shorts get covered in banknifty Futures ◽ Don't short the market until below the 37800 🛑 Summary ◽ Resistance level for CE buyers /option buyers is at 38050-38150 ◽ support zone to buy PUT / PE is at 37680-37600 ◽ BankNifty will be weaker on intraday basis below the 37800 Thanks for reading 😊 I hope that it will help a lot and 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
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
BANKNIFTY analysis for intradayHii Traders 😊 Welcome to BANKNIFTY chart analysis for 24th Sep 🔺 🛑 Caution ◽ I don't give much preference to technical indicators those were lagging indicators and I don't believe anyone of them . And use just for confirmation purpose and i trade only basis of levels that is Resistance and support levels and through market profile ( and I don't use market profile for execution of trade) if you are technical indicator trader you don't need to read further 😊 Show me that successful profitable trader who traded based on only technical indicators 🛑 Today Bulls were took the market in control and lead to towards all time high and closed with gaining of 790+ points 🛑 What's the major reason to this bull ❓ Well, U.S. Fed Holds Interest Rates Stable, Hints Tapering May Start Soon ( means Currently there's no changes in interest rate) The U.S. Fed keeps interest rates steady for now but indicated that rate hikes might happen sooner than expected. More members now see the first interest rate hike occurring in 2022 if progress continues as expected This is the reason beyond Market Run Fed now keep interest rate steady and it rise the rate sooner than expected ◽ What will happen if rise in interest rate ❓ ( As I know if I'm wrong kindly correct me) if increase in interest rate then money follow will get reduced and as money follow decreases consumer products price decreases and it maintains inflation rate . Interest will hike only when rise in inflation or expected to be rise inflation so Thier by they can control money follow How money follow will increase inflation ❓ Well, Just imagine interest what we paid for credit card decreases and we will take benefit from that as much as possible and we are spending more money than usuall and we are paying more money for Products and goods it will increase in the inflation rate ( which means our country currency value decreases let take one example just assume that you bought an shoe at 100 Rupees (in Indian currency ) yesterday and same company same shoe will cost 102 rupees today which means inflation reduce currency value by 2 Rs ) I hope that u get it if I'm wrong kindly let me know comment section 😊 ◽ Change interest rate means inflation is increasing so they were try to manage inflation rate by increasing in interest rate which will keep money follow under control ( if interest rate for credit cards increasing would like to spend more money ? So like this they control money follow ) 🛑 Now let move on to analyse the market levels for 24 th SEP and I have given market levels were worked as I told that (you check in profile if whether I'm wrong or right) 🎯 Key levels to watch out for day trader ( support and resistance zone for only for intraday traders and intraday purpose ) 🛑 Major resistance zone for BankNifty is at 37800-37850 where at this point BankNifty tried to breakout level in other words it is the level acting as supply zone where shorter's get active and shorting the market ◽ If market breakout resistance zone ie. 37800-37850 then we can see Target of 38000 🎯 You can ask me ◽ How can you tell 38000 will be the 1stTarget ❓ Well, If I'm can't see perfect Target level in chart then I will going to see option chain for Target setting ( I will look at that strike where more sellers are shorted and position holding I will choose that one as mine target because shorters were like institutional traders who have more money they will short the market they were more shorting at one particular OTM strike then they were expecting that market will can trade until that point but it will not breakout that in other words we can take that strike as resistance also here we already know resistance I'm setting target or I'm looking to where I have exit like this option chain will help me ) ◽ Stop loss for this level is 37730 here market get bounce back from this level and if look at past 4th trading session where market get support at this point by pivot point control region if it breakdown this level Banknifty will be weaker so I'm setting mine stoploss here ◽Banknifty can shown some more weakness if traded below 37250 ◽ if huge gap up happens the don't take a trade let the market correct because market Dont like gaps whether it may be huge gap up or gap down so let market get correct for some time then take the trade if breakout the mentioned level or it can bounce from their ( After bounce let wait to candel close above the resistance level then take a trade don't forget About stoploss ) 🛑 Major support level for BankNifty ◽ Support level for nifty lies at 37000-36950 this the region of yesterday's value area means major valume is lies their so it acting as support zone or also called demand zone where buyers get active and drove the market upside ◽ Also this level can called as virgin CPR support area means It pivot point region based on yesterday value area where in active trading session market doesn't touch the that level (those levels or pivot control point are called virgin CPR ) ◽ Market successfully breakdown this level then we can take a trade with stop loss level ie.37250 ( opening level for the previous day if nifty started trading above this level we can say nifty will be strong and can drive the price upside so this crucial STOP LOSS level ) ◽ If breakdown happens we will achieve the Target of 36600 🎯 🛑 Key levels to watch out for nifty futures ➡️ Resistance zone is at 37950-38000 if it breakout this level with simultaneously breakout have to happen in Banknifty spot market also then go long on bank nifty futures ◽Target 1 will be 38200 ◽ Stoploss is 37900 ➡️ Support zone is at 37500-37450 If it breakdown this level we can short the market ◽ target will be 37250 ◽ Stoploss is at 37600 🛑 Summary ◽ Resistance level for CE buyers /option buyers is at 37800-37850 ◽ support zone to buy PUT / PE is at 37000-36950 ◽ Nifty will be weaker on intraday basis below the 37250 Thanks for reading 😊 I hope that it will help a lot and 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
NIFTY Chart analysis New High what next ❓Hii Traders 😊 Welcome to NIFTY 50 chart analysis for 24th Sep and it making record fresh high in the market 🔺 🛑 Caution ◽ I don't give much preference to technical indicators those were lagging indicators and I don't believe anyone of them . And use just for confirmation purpose and i trade only basis of levels that is Resistance and support levels and through market profile ( and I don't use market profile for execution of trade) if you are technical indicator trader you don't need to read further 😊 . Show me that successful profitable trader who traded based on only technical indicators 🛑 If market has to achieve fresh high means only through fresh Buy's in other words new Buying can only lead market to fresh high 🛑 Today Bulls were took the control and lead to fresh high 🛑 Major contributor's are IT sector, Banking and finance sector , Auto sector which took the market in control and drove the market 🛑 What's the major reason to this bull ❓ Well, U.S. Fed Holds Interest Rates Stable, Hints Tapering May Start Soon ( means Currently there's no changes in interest rate) The U.S. Fed keeps interest rates steady for now but indicated that rate hikes might happen sooner than expected. More members now see the first interest rate hike occurring in 2022 if progress continues as expected This is the reason beyond Market Run Fed now keep interest rate steady and it rise the rate sooner than expected ◽ What will happen if rise in interest rate ❓ ( As I know if I'm wrong kindly correct me) if increase in interest rate then money follow will get reduced and as money follow decreases consumer products price decreases and it maintains inflation rate . Interest will hike only when rise in inflation or expected to be rise inflation so Thier by they can control money follow How money follow will increase inflation ❓ Well, Just imagine interest what we paid for credit card decreases and we will take benefit from that as much as possible and we are spending more money than usuall and we are paying more money for Products and goods it will increase in the inflation rate ( which means our country currency value decreases let take one example just assume that you bought an shoe at 100 Rupees (in Indian currency ) yesterday and same company same shoe will cost 102 rupees today which means inflation reduce currency value by 2 Rs ) I hope that u get it if I'm wrong kindly let me know comment section 😊 ◽ Change interest rate means inflation is increasing so they were try to manage inflation rate by increasing in interest rate which will keep money follow under control ( if interest rate for credit cards increasing would like to spend more money ? So like this they control money follow ) 🛑 Now let move on to analyse the market levels for 24 th SEP and I have given market levels were worked as I told that (you check in profile if whether I'm wrong or right) 🎯 Key levels to watch out intraday levels for day trader ( support and resistance zone for only for intraday traders and intraday purpose ) 🛑 Major resistance zone for Nifty is at 17790-17830 where at this point nifty tried to breakout level in other words it is the level acting as supply zone where shorter's get active and shorting the market ◽ If market breakout resistance zone ie. 17790-17830 then we can see Target of 17930 🎯 ◽ Stop loss for this level is 17730 here market get bounce back from this level and in option chain data also showing support at this zone this is the zone where exactly market taking support ◽markett can shown some weakness if traded below 17750 ◽ if huge gap up happens the don't take a trade let the market correct because market Dont like gaps whether it may be huge gap up or gap down so let market get correct for some time then take the trade if breakout the mentioned level or it can bounce from their ( After bounce let wait to candel close above the resistance level then take a trade don't forget About stoploss ) 🛑 Major support level for Nifty 50 ◽ Support level for nifty lies at 17570-17530 this the region of yesterday's value area means major valume is lies their so it acting as support zone or also called demand zone where buyers get active and drove the market upside ◽ Also this level can called as virgin CPR support area means It pivot point region based on yesterday value area where in active trading session market doesn't touch the that level (those levels or pivot control point are called virgin CPR ) ◽ Market successfully breakdown this level then we can take a trade with stop loss level ie.17620 ( opening level for the previous day if nifty started trading above this level we can say nifty will be strong and can drive the price upside so this crucial STOP LOSS level ) ◽ If breakdown happens we will achieve the Target of 17620 🎯 🛑 Key levels to watch out for nifty futures ➡️ Resistance zone is at 17850-17860 if it breakout this level with simultaneously breakout have to happen in nifty also then go long on nifty futures ◽Target 1 will be 18000 ◽ Stoploss is 17770 ➡️ Support zone is at 17630-17600 If it breakdown this level we can short the market ◽ target will be 17500 ◽ Stoploss is at 17700 🛑 Nifty futures will be weaker below the 17760 -17740 zone and we can see more shorts in nifty futures 🛑 Summary ◽ Resistance level for CE buyers /option buyers is at 17790-17830 ◽ support zone to buy PUT / PE is at 17570-17530 ◽ Nifty will be weaker on intraday basis below the 17750 Thanks for reading 😊 I hope that it will help a lot and 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:NIFTY
by agasthya_d
BANKNIFTY strikes to selling based on vixBankniftyse 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 37400 CE with stop loss of 37350 (simply exist from position after breakout of 37350 with is crucial resistance level I have discussed above it you can checkout by visiting mine profile) ◽ Sell PUT ➡️ Sell 36600 PE with Stoploss of 36850 (or in other words : exist from PUT position if breakdown of 36850 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 (37350)exist from Position of CE or buy back CE or close CE selling position Then keep short side PE to reach Target of 37800 (I clearly explained about it visit mine profile) ◽ If breakdown happens (at 36850 ) then exist from Position PE or buyback PE or Close Position PE Then keep it selling CALL (CE) until reach Target level 36550 🛑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 ) 🛑 I will explain completely about how to select strike to short the market based on India vix volatility index ➡️ If you give 50 like and 50 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 have nice day 😊
NSE:BANKNIFTYShort
by agasthya_d
4