Nifty Levels & Strategy for 19/Oct/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
NIFTY
Bullish run continued in Nifty . F&O data clearly indicating that Nifty trend is looking positive. Today, we have noticed heavy short covering in ITM calls and long positions were added in ATM calls. FIIs continued with their buying in F&O. Today FIIs & DIIs have significantly reduced the bearish positions. US market is also trading in green. Shall we look for buy on dips near major support levels if you get good trading setup ????? Yes, I think so. What do you think?????
NIFTY SCORECARD DATED 18/OCT/2022
NIFTY IS UP BY 175 POINTS
Name Price Previous Day Change % Change
Nifty 17487 17312 175.15 1.01%
India VIX 17.45 18.42 -0.97 -5.24%
OPTION STATISTICS BASED ON 20/OCT/2022 EXPIRY DATA
Max OI (Calls) 17500 (Open Interest: 8105000, CE LTP: 84)
Max OI (Puts) 17000 (Open Interest: 8038550, PE LTP: 6.4)
PCR 1.13 (PCR is in buying Zone)
Nifty Calls:
ATM: Long Buildup, OTM:Long Buildup, ITM:Short Covering, FAR OTM:
Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Long Liquidation
Niftyoptions
Nifty Bearish Engulfing on 4hrs Time frame ??As per analysis Nifty showing Bearish Engulfing candle on top on 4 Hours time frame, which means in upcoming week we can see a bearish moment in Nifty
Nifty having strong resistance at 17300 and nearest support at 17200,17000 (open interest data).
Next support at 17098as per 200 EMA ( Moving Average).
Next reversal level would be 16800 on Bottom
Please trade your plan accordingly.
Only for Educational purpose
Nifty Levels & Strategy for 10/Oct/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
NIFTY
Nifty closed almost flat (-17 points) in red zone. FIIs as well as DIIs have added plenty of bearish positions in F&O. US market closed in red. Dow Jones (-630), Nasdaq (-446). We are all set for the gap-down on Monday. Global cues & overall trend has turned negative. Is sell on rise going to be better strategy for Monday trades with strict SL? Yes, I think so, What do your thoughts?
NIFTY SCORECARD DATED 07/OCT/2022
NIFTY IS DOWN BY -17 POINTS
Name Price Previous Day Change % Change
Nifty 17315 17332 -17.15 -0.10%
India VIX 18.81 19.32 -0.50 -2.60%
OPTION STATISTICS BASED ON 13/OCT/2022 EXPIRY DATA
Max OI (Calls) 18000 (Open Interest: 7713450, CE LTP: 2.45)
Max OI (Puts) 17000 (Open Interest: 4349600, PE LTP: 39.85)
PCR 0.77 (PCR is in bearish zone)
Nifty Calls:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Long Buildup, FAR OTM:Short Buildup
Please do share your comments. Let us work & win together. Have a very happy, healthy & profitable day ahead!
Nifty Levels & Strategy for 26/Sep/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
Nifty is down by 300 plus points. Nifty has corrected close to 800 points within a week which is a really significant cut. Big players are selling heavily. Nifty is trading close to it's support level. US markets are trading in red only, getting close to 52 Week low & highly oversold. Shall we expect a relief rally in next few days ?????
NIFTY SCORECARD DATED 23/SEP/2022
NIFTY IS DOWN BY -302 POINTS
Name Price Previous Day Change % Change
Nifty 17327 17630 -302.45 -1.72%
India VIX 20.59 18.82 1.78 9.45%
OPTION STATISTICS BASED ON 29/SEP/2022 EXPIRY DATA
Max OI (Calls) 18000 (Open Interest: 9218350)
Max OI (Puts) 16000 (Open Interest: 5817600)
PCR 0.62 (PCR is in oversold zone)
Nifty Calls:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
Nifty Puts:
ATM: Long Buildup, OTM:Long Buildup, ITM:Short Covering, FAR OTM:Long Buildup
Shall we continue to look for sell on rise opportunities/profit booking ????? Yes, I think so. What do you think?
1. Only at higher level after decent pull back from lower levels
2. near major resistance levels
3. near high OI in CE strikes with strict stoploss?
Shall we look for buy on dips opportunity? Yes, I think so. What are your views?
1. near major support levels
2. near high OI in PE strikes with strict SL?
However, it’s quite important to check & review following prior to finalize your strategy/work plan for next trading session. Market is very dynamic and overnight situation may get change.
1. Global cues based on EOD data
2. FIIs/DIIs/Big player cash & F&O data analysis
Please do share your comments. Let us work & win together. Have a very happy, healthy & profitable day ahead!
Nifty Trade setup Idea - 15 september 2022Nifty looks a little weaker compared to Banknifty, based on the fall in price towards the end of the trading day yesterday.
We will wait for a day to trade Nifty, so that nifty breaks the range of 18060-17020. The market might mostly be trading within this range today.
I would skip Nifty if it is within this range today and just trade banknifty.
Nifty Trade setup Idea - 14 september 2022Similar to Banknifty, Nifty would also have a massive gap down(300 points) today due to global data.
I would wait for the first 15 mins candle to show me the direction on whether to go long or short. I still think 17800 is a good level where Nifty should hold.
Considering that the global markets are in the process of recovering from the massive drop yesterday, we might hold 17800 and move higher eventually.
Nifty Trade Setup idea for 12-September-2022Nifty, similar to Banknifty was volatile on Friday, though there was a gapup, it closed lower.
- Today, if there is a gapup above 17850 or gives a 5 minute candle close above 17850, then I would go long with half quantity. Since there is another resistance around 17900 levels.
- If the price breaks 17800 levels, then I would short with a stop of 50 points and first target around 17700 levels.
NiftyFutures Key Trading Levels for 26th Aug 2022NiftyFutures Key Trading Levels for 26th Aug 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyFutures Key trading levels for 23rd Aug 22#NiftyFutures Key trading levels for 23rd Aug 22
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyFutures Key trading levels for 22nd Aug 22NiftyFutures Key trading levels for 22nd Aug 22
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyFutures Key trading levels for 19th Aug 22NiftyFutures Key trading levels for 19th Aug 22
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NSE:NIFTY Analysis/Prediction for tomorrow 19-08-2022NSE:NIFTY Analysis/Prediction for tomorrow
for flat opening
🟢 Buy CE above 18000
✔️ Target Should be 18100
🔴 Avoid PE
for Gap-UP opening above 18000
🟢 Buy CE near 17980
✔️ Target Should be 18100
🔴 Buy PE below 17950
✔️ Target Should be 18885
for Gap-Down Opening
⚠️ Avoid Trading
Important Notes:
🚨 Gap-UP & Gap-Down more than 100 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 60 points wait for a pullback.
⚠️ Wait for the 5-minute candle to close for confirmation.
⚠️ Trade Like Either SL or Target.
⚠️ Important: Always maintain your Risk & Reward Ratio.
Disclaimer:
I am not SEBI Registered Advisor.
My posts are purely for training and educational purposes.
NiftyFutures Key trading levels for 18th Aug 22_ExpirydayNiftyFutures Key trading levels for 18th Aug 22
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyFutures Key trading levels for 17th Aug 22NiftyFutures Key trading levels for 17th Aug 22
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NSE:NIFTY Analysis/Prediction for tomorrow 16-08-2022NSE:NIFTY Analysis/Prediction for tomorrow 16-08-2022
Due to the Long weekend try to trade after watching the one-hour price action.
for flat opening
🟢 Buy CE above 17724
✔️ Target Should be 17795
🔴 Buy PE below 17680
✔️ Target Should be 17600, 17515
for Gap-UP opening (below 17780)
🟢 Buy CE above 17820
✔️ Target Should be 17950
🔴 Buy PE near 17800 or below 17700
✔️ Target Should be 17725, 17550
for Gap-Down opening
🟢 Avoid CE
🔴 Buy PE near 17700
✔️ Target Should be 17550
Important Notes:
🚨 Gap-UP & Gap-Down more than 100 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 60 points wait for a pullback.
⚠️ Wait for the 5-minute candle to close for confirmation.
⚠️ Trade Like Either SL or Target.
⚠️ Important: Always maintain your Risk & Reward Ratio.
Disclaimer:
I am not SEBI Registered Advisor.
My posts are purely for training and educational purposes.
NiftyFutures Key trading levels for 12th Aug 22NiftyFutures Key trading levels for 12th Aug 22
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyFutures Key trading levels for 11th Aug 22NiftyFutures Key trading levels for 11th Aug 22
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyFutures Key trading levels for 10th Aug 22
NiftyFutures Key trading levels for 10th Aug 22
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyFutures Key trading levels for 8th Aug 22
NiftyFutures Key trading levels for 8th Aug 22
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyFutures Key trading levels for 5th Aug 22
NiftyFutures Key trading levels for 5th Aug 22
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyFutures Key trading levels for 4th Aug 22NiftyFutures Key trading levels for 4th Aug 22
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NIFTY Analysis/Prediction for tomorrow expiry 04-08-2022NSE:NIFTY Analysis/Prediction for tomorrow expiry 04-08-2022
For Flat/Gap-UP Opening
🟢 Buy CE near 17300
✔️ Target Should be 17520
🔴 Buy PE below 17220
✔️ Target Should be 17061, 17950
For Gap-Down Opening above 17240
🟢 Buy CE above 17390
✔️ Target Should be 17520
🔴 Buy PE below 17220
✔️ Target Should be 17060, 17950
Important Notes:
🚨 Gap-UP & Gap-Down more than 100 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 50 points wait for a pullback.
⚠️ Wait for the 5-minute candle to close for confirmation.
⚠️ Trade Like Either SL or Target.
⚠️ Important: Always maintain your Risk & Reward Ratio.
Disclaimer:
I am not SEBI Registered Advisor.
My posts are purely for training and educational purposes.