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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
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
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
NTPC LongNTPC/USD Information: National Thermal Power Corporation Limited is the largest power utility in India, both in terms of size and efficiency. The statutory corporation has done new investments in renewable energy sources on the Indian market. Signals: Position: Long Entry price: Limit order at 1,60 USD. There could also be an argument made about placing a market order at 1,65 USD, depending on the following indicators. Stop Loss: 1,55 USD Target price: 2,0 USD %: 2,0/1,65 = 25% increase Indicators: Bollinger Bands: The squeeze of the Bollinger Bands happened two days ago on the 14h of September, from where the Bollinger bands were expanding, and a period of higher volatility started to happen. MACD: The MACD indicator indicates a bullish movement. The MACD line crossed the signal line on the 31st of August and once again on the 13th of September and the indicators indicate that the uptrend might be continuing which is identified by the histogram is spreading further apart from each other. RSI: The RSI line is at 62.97 which indicates that the stock is on an upwards trend, and that the stock is slightly overbought. Conclusion/Analysis: This uptrend began on the 31st of August but within the volatility lines explained by the Bollinger Bands but on the 14h of September does the volatility increase and might show an accumulating market. The analysis also shows that both the MACD line and the RSI are showing bullish momentum as well as the stock being in this high volatility time period indicates that the stock has momentum going forward meeting the demand of the Indian population (1,366 Billion) as well as their recent expansion in renewable energy. What also is notable is that the stock is slightly overbought and that the stock price would fall down towards the limit order of 1.60 USD.
BSE:NTPCLong
by vf_investment