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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
BANKNIFTY levels for expirey Day 🎯Hi traders 😊 I have that you doing well 🛑 I was analysed BANKNIFTY levels for intraday trading for 22nd SEP and market stayed in between that range only and it is indecisive region for option buyers and option sellers get benefited from that ( If want to check whether right or wrong go and scroll down mine profile u will get to know I'm right or worng ) okay let's move on .. 🛑 If get into 15 mins time frame chart ◽we can clearly see that it's trying to breakout resistance level of 37350-37400 region ◽And bounce back from 36900-36850 support zone (this what I'm told in pre market analysis for 22nd SEP ) 🛑 Intraday volatility is comparatively low ie. About only 0.59% which means it helped lot to option sellers ( if want know in detail about check out mine last post I clearly explained in it ) 🎯 Key levels to watch out for 23rd SEP ie. Weekly expirey 🛑 Crucial resistance zone for Bank Nifty is 37350-37400 zone ◽If it is breakout successfully then initiate trade (BUY CE) with stoploss of 37250 ◽ Target 1 ie. 37700 ◽Target 2 ie.38000 ◽ If wanted to achieve 2nd target then use Trailing stoploss as 1st target (I'm sure u will not gonna loose money for market) 🛑 crucial support zone for Bank Nifty is at 36900-36850 ◽If it it breakdown successfully then initiate trade (BUY PE) with stoploss 37050 ◽Target 1 ie. 36550 ◽ Target 2 ie. 36150 ◽ If wanted achieve 2nd target then use Trailing stoploss as T1 Summary ➡️ Resistance zone BUY CE Only above 37350-37400 ➡️ Support zone BUY PE only below 36900-36850 ➡️Bank Nifty Will be weaker below the 37160 that is pivot point control region 🛑RULE No. 1 Never loose money to market 🛑Give rating for mine analysis and it motivates me to do more better Thanks for reading I hope that it will help a lot If there is any mistake please let me know I will correct it And comment your views below If you like it follow us for more ... Have a nice day 😊.
NSE:BANKNIFTY
by agasthya_d
3
NIFTY 50 levels for expirey day Hi traders 😊 I have that you doing well 🛑 I was analysed NIFTY 50 levels for intraday trading for 22nd SEP and market stayed in between that range only and it is indecisive region for option buyers and option sellers get benefited from that ( If want to check whether right or wrong go and scroll down mine profile u will get to know I'm right or worng ) okay move on .. 🛑 If We watch market through daily frame it's formed an indecisive candel 🛑 If get into 15 mins time frame chart we can clearly see that it's trying to breakout resistance level of 17600-17650 region (this what I'm told in pre market analysis for 22nd SEP ) 🛑 Intraday volatility is very low in nifty ie. About only 0.4% which means it helped lot to option sellers ( if want know in detail about check out mine last post I clearly explained in it ) 🎯 Key levels to watch out for 23rd SEP ie. Weekly expirey 🛑 Crucial resistance zone for nifty is 17610-17630 zone ◽If it is breakout successfully then initiate trade (BUY CE) with stoploss of 17530 ◽ Target 1 ie. 17730 🛑 crucial support zone for Nifty is at 17470-17450 ◽If it it breakdown successfully then initiate trade (BUY PE) with stoploss 17530 ◽Target 1 ie. 17300 Summary ➡️ Resistance zone BUY CE Only above 17610-17640 ➡️ Support zone BUY PE only below 17470-17450 ➡️Nifty Will be weaker in between 17530-17470 levels 🛑Give rating for mine analysis and it motivates me to do more better Thanks for reading I hope that it will help a lot If there is any mistake please let me know I will correct it And comment your views below If you like it follow us for more Have a nice day 😊
NSE:NIFTY
by agasthya_d
1
BANKNIFTY FUTURE'S for expirey day 🎯Hii traders😊 I hope that you are doing well 🛑 Yesterday i was analysed intraday market levels for 22nd SEP and market closed in between that range and that range is indecisive and we can't predict which direction market will move so that levels will always play crucial role in trading ( U can check those levels those were in mine profile) 🛑 If we see intraday volatility for banknifty Futures ie. About 0.6% means comparatively it low ◽ Intraday volatility low means what and whom will get benefits from it ❓ Well , answer is simple Option sellers were get benefited from that and they love choppy market ( I have given short strangle strikes based on India vix u can checkout that they were made some good profits ) ◽ How they will get benefited from that when market is stayed in between range ❓ Well , usually this question is running in everyone's mind Answer is simple they get benefited from decay (Theat) as expirey day appear premium will decreases both CALL and PUT premium's ◽ This heards very profitable right ❓ No , u need high margin to sell Call and put means u need more margin (simply money 💰) ◽ Mainly their profit's is limited and Loss is infinity 🛑 Now you are think that option buying is less Risky ... ◽ Yes, option buying is less Risky when you initiate trade after exact breakout /breakdown of resistance /support level respectively ◽ If you initiate trade just only because you feel that market will go up then market will get reversed from that point maybe everyone one as feel this 😀 (if you feel this same then comment below ) ◽ Then point is How to avoid this ❓ Well, I will give exact market levels for you guys The resistance and support level for intraday for Banknifty futures 🛑 If we closely watch the market in 15 mins time frame. ◽Market failing to breakout the resistance level 37470-37500 ◽And it is bounce back from its support level ie. 36900-36850 zone ( this what I given in premarket analysis u can checkout weather it is right or wrong ) 🎯 Key levels to watch out for expirey Day 23rd SEP 🛑 Crucial resistance zone is at for BANKNIFTY futures ie. 37470-37550 ◽If it successfully breakout this level we can initiate the trade ◽ Why should we have to initiate trade only after breakout ❓ Well , answer is simple when ever market trying to breakout that level sellers were getting active and shorting the market at that level and it is acting as supply zone ◽after the breakout of 37550 Target 1🎯 ie . 37800 and with stoploss of 37300 ◽ If wanted to achieve 2nd target use Trailing stoploss as T1 ( if you use like this I'm sure you will never loose money to market) ◽2nd Target 🎯 ie. 38000 after breakout of 37800-37850 zone 🛑 Crucial support zone for banknifty futures is at 36900-36850 ◽ If it successfully breakdown the level we can short the market from that level to 🎯 Target 1 ie. 36610 with The stop loss of 36950 Summary ➡️ BankNifty futures will be weaker below 37100 ➡️More shorts will get covered if it's traded above 37300 ➡️ Resistance zone 37450-37550 ➡️ Support zone 37900-37850 Thanks for reading , If I'm wrong kindly let me know in comment section I will correct it and it helps me lot to increase mine knowledge if you like it do follow and have a nice day 😊
NSE:BANKNIFTY1!
by agasthya_d
1
NIFTY futures for expirey dayHii traders😊 I hope that you are doing well 🛑 Yesterday i was analysed intraday market levels for 22nd SEP and market closed in between that range and that range is indecisive and we can't predict which direction market will move so that levels will always play crucial role in trading ( U can check those levels those were in mine profile) 🛑 If we see In daily frame chart nifty forming an DOJI candle (which is telling that buyers were in control even though there was selling pressure ) 🛑 If we closely watch the market in 15 mins time frame. Market failing to breakout the resistance level 17600-17630 ( this what I given in premarket analysis u can checkout weather it is right or wrong ) 🎯 Key levels to watch out for expirey Day 23rd SEP 🛑 Crucial resistance zone is at 17620-17650 ◽If it successfully breakout this level we can initiate the trade ◽ Why should we have to initiate trade only after breakout ❓ Well , answer is simple when ever market trying to breakout that level sellers were getting active and shorting the market at that level and it is acting as supply zone ◽after the breakout of 17650 Target 1🎯 ie . 17750 🛑 Crucial support zone for nifty futures is at 17440-17460 ◽ If it successfully breakdown the level we can short the market from that level to 🎯 Target 1 ie. 17350-17330 with The stop loss of 17510-17525 level ◽ And u can use Trailing stoploss as T1 to achieve 🎯 Target 2 ie. 17260-17230 (major support level for nifty futures ) Summary ➡️ Nifty futures will be weaker between 17530 -17440 ➡️ Tomorrow if nifty futures Traded above 17600 then shorter's will run for covering ➡️ Resistance zone 17620-17650 ➡️ Support zone 17440-17460 Thanks for reading , If I'm wrong kindly let me know in comment section I will correct it and it helps me lot to increase mine knowledge if you like it do follow and have a nice day 😊
NSE:NIFTY1!
by agasthya_d
1
BANKNIFTY analysis for option sellers only for optionssellers For those who are seeking for which strike I have to sell I'm giving strike for selling both CE and PE (short strangle) purely based on India vix volatility index Sell CALL option 37600 CE anywhere between 37100-37350 and exist from it if breakout 1st resistance level 37450-37500 level (stop loss strike for call selling) Sell PUT option 36800 PE anywhere between 37100-37350 and exist from it (STOP LOSS) if it breakdown immediate support level 36900-36850 level And caution SELL both PE and CE near expire that is 23rd sep expire because we can make profit through time decay and More importantly if it breakout/breakdown happens exist from only side and keep it otherside u will get more profit and if it stays between what I mentioned those levels then u will make great profit I hope that it will helps a lot If you like it do follow and have a nice day 😊
NSE:BANKNIFTYShort
by agasthya_d
1
Banknifty chart analysis for intradayBanknifty forming long legged doji in daily frame chart (which means there's was high selling pressure but buyers were trying to control the Market) Today banknifty broke the support level and maintained to close above that support level which good sign for tomorrow Key levels to watch out 🎯 Buy CALL when breakout of 37425 -37450 level which crucial resistance zone And buy PUT only when traded below 36500-36450 level which is very crucial support zone There will be more volatility due global sentiment If you like it do follow and have a good day 😊
NSE:BANKNIFTY
by agasthya_d
Banknifty Futures analysisBanknifty Futures forming hammer with long wick rejection (it means buyers were In control even though selling pressure was there ) Important key levels to watch out for intraday 🎯 And Go long when breakout of level 37450-37500 with Stoploss of 37400 and Target 37800 And short / write only when it crosses below the 36850-36800 and with stoploss of 36950 and with Target of 36600 Banknifty will weak when it traded below the 37050-37000 level But short only after main level breakout due global negative sentiment market will more volatile If you like it do follow and have good day cheers
NSE:BANKNIFTY1!
by agasthya_d
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
Nifty 50 Futures chart analysis Nifty Futures formed bullish engulfing on daily frame chart Nifty Futures closed above the intraday pivot point control region this positive sign for market .. And as I told before that is if Nifty tradeed above 17500-17530 levels then more people will run for covering if you see the data about Futures more shorts get covered after breakout 17500 level which is crucial zone for Nifty Futures 🎯 Key levels to watch out for tomorrow Uptrend only when Nifty breakout of crucial resistance zone of 17630-17650 (from this region Nifty Futures getting shorting means pull back from this level ) Downtrend when it breaks the crucial support zone ie 17340-17320 (market get bounce from this level acting as demand zone) These are crucial zone for Nifty Futures for intraday Don't short the market until breakdown of 17450 level then only write otherwise u will run for covering
NSE:NIFTY1!
by agasthya_d
2
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