Niftyview
Nifty Levels & Strategy for 08/Dec/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: FIIs are super bearish from last 2 days. They are net seller in Dec. Today, market didn't like the RBI policy (specially commentary). Tomorrow's market move will be mainly based on Gujarat election outcome. My strategy will sell on rise with strict SL for tomorrow if I get good trade setup and decent Risk:Reward.
Important events to keep in mind for coming days:
1.Gujrat results on Dec-08.
2.USA Fed meeting (next week). Another rate hike of 0.75% is likely to happen.
Is volatility likely to grow in coming days????? Please trade carefully with hedged positions (overnight)/strict SL (intraday)
Please find below scorecard, PCR update & options statistics for your reference:
NIFTY SCORECARD DATED 07/DEC/2022
NIFTY IS DOWN BY -82 POINTS
Name Price Previous Day Change % Change
Nifty 18561 18643 -82.25 -0.44%
India VIX 14.08 14.04 0.04 0.25%
OPTION STATISTICS BASED ON 08/DEC/2022 EXPIRY DATA
Max OI (Calls) 18800 (Open Interest: 11733750, CE LTP: 6)
Max OI (Puts) 18500 (Open Interest: 6500400, PE LTP: 23.4)
PCR 0.55 (PCR is in oversold zone)
Nifty Calls:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
Nifty Puts:
ATM: Short Covering, OTM:Short Buildup, ITM:Short Covering, FAR OTM:Long Liquidation
Pin Point prediction Of Bank Nifty For 6-12-22Hello Traders,
This post provides you the levels , I shared for today's trading where every action and reaction price used the se marking. Iy means you had the idea where market is going to take support and resistance . How to trade with these marking a detailed trade plan was discussed, check below. To make your trading easy , I share every day markings and trade plan. Hope you would find it easy to understand .
Yogesh vats
Pin Point Prediction Of Nifty For 2-12-22Hello Traders,
This post shows the marking levels prediction done for this day trading . The accuracy you can yourself feel in form of price action. Now what is going to happen tomorrow that I discussed in detail for making your trading easy, can check below.
Yogesh Vats
Pin Point Predictions Of Nifty For 1-12-22Hello Traders,
This post was created yesterday with complete predictions in form of marking and trade idea. You can see the accuracy of marking . If want to more in detail about tomorrow trade direction and set up then can check below. My bit is to make your trading easy.
Yogesh Vats
Nifty Levels & Strategy for 30/Nov/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
Congratulation Nifty traders. Finally, Nifty hit the new lifetime high & we have seen highest ever closing. Nifty opened flat & completely ignore the global market cues. Profit booking was obvious from new lifetime high but Nifty closed above 50 EMA on 15min chart. FII are buying in cash but they adding bearish positions in F&O, Pro traders are also adding bearish positions in F&O. Big players are clearly managing index at higher level. What will happen when FIIs/Pro start selling in cash????? Market may correct very sharply. Retail traders are taking things for granted. VIX is low but it may rise in no time.
Why US market corrected yesterday? Fear of another US FED hike in Dec. This time RBI may have no choice but to go ahead with hike therefore we need to be careful in coming days & work level by level. Gujrat election results may also affect market. OPEC is getting ready for another OIL production cut. OPEC want to manage crude price at higher levels. We should follow trend (buy on dips) but avoid, stay away from buying euphoria & continue to book profit at higher levels. There is no harm is ignoring the last leg of rally.
Please find below scorecard, PCR update & options statistics for your reference:
NIFTY SCORECARD DATED 29/NOV/2022
NIFTY IS UP BY 55 POINTS
Name Price Previous Day Change % Change
Nifty 18618 18563 55.30 0.30%
India VIX 13.62 13.57 0.05 0.37%
OPTION STATISTICS BASED ON 01/DEC/2022 EXPIRY DATA
Max OI (Calls) 19000 (Open Interest: 7732900, CE LTP: 1.65)
Max OI (Puts) 18500 (Open Interest: 10184950, PE LTP: 23.75)
PCR 1.22 (PCR is in buying Zone)
Nifty Calls:
ATM: Long Liquidation, OTM:Short Buildup, ITM:Short Covering, FAR OTM:Long Liquidation
Nifty Puts:
ATM: Short Buildup, OTM:Long Liquidation, ITM:Short Buildup, FAR OTM:Short Buildup
Pin Point predictions Of Nifty For 30-11-22Hello traders,
This post shows the marking Prediction done for today's trading. You can see price reacted on the se marked levels. For detailed analysis to understand with my prediction for tomorrow , can check it below. This will definitely make your trading easy.
Nifty Levels & Strategy for 29/Nov/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
Once again gap-down was bought (heavy put writing) instantly amid global issues. Nifty took support at 100 EMA on 15min chart. Later Nifty moved up & almost touched the lifetime high. Evening star (negative pattern) worked perfectly & profit booking near all time high was quite obvious. Short covering in calls shows mild bullishness in Nifty. Who is making money????? As usual, option writers are really making good money.
Avoid buying euphoria amid ongoing global issues near lifetime high, retails traders should continue wait patiently for good trade setup for identifying buying/selling opportunities. Retail traders must hedge their overnight positions. Right now US markets are trading in red. Please review the data in morning & before finalizing your trading plan. Please find below scorecard, PCR update & options statistics for your reference:
NIFTY SCORECARD DATED 28/NOV/2022
NIFTY IS UP BY 50 POINTS
Name Price Previous Day Change % Change
Nifty 18563 18513 50.00 0.27%
India VIX 13.57 13.33 0.23 1.74%
OPTION STATISTICS BASED ON 01/DEC/2022 EXPIRY DATA
Max OI (Calls) 19000 (Open Interest: 7775300, CE LTP: 2.25)
Max OI (Puts) 18500 (Open Interest: 10581700, PE LTP: 49)
PCR 1.21 (PCR is in buying Zone)
Nifty Calls:
ATM: Short Covering, OTM:Short Buildup, ITM:Short Covering, FAR OTM:Long Liquidation
Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
Nifty Key Levels and Zones For Intraday [28th Nov 2022]Long opportunity above 18535 or 18450
Shorting opportunity below 18520 for the risky traders as Nifty is extremely for the time being. Keep tight stop loss
Strong buying zone is at around 18400.
Look for price rejection like Hammer or Shooting Star near the support and resistance area and then enter into a trade.
View is for intraday only
Nifty Kel Levels and Zones For Intraday [25th Nov 2022]Nifty today runs a lot. What an expiry!
For tomorrow, Nifty may pause and take support near 18440, and 18400. Buy on dips strategy must be adopted as the short-term trend is bullish.
Strong support is at around 18330 labels.
A break of 18300 will signify a trend reversal. So, Nifty will remain bullish above 18300.
The view is entirely for scalping or intraday trading only.
Pin Point Prediction Of Nifty For 24-11-22Hello Traders,
Three days back this marking of nifty shared for trades. You can see how exact information was shared , price action on these levels speaks itself. To know more details check below. This way you will find your trading easy and well informed before any move.
Yogesh vats