BANK NIFTY INTRADAY LEVELS FOR 04/03/2024BUY ABOVE - 47360
SL - 47200
TARGETS - 47600,47750,47880
SELL BELOW - 47200
SL - 47360
TARGETS - 47080,46900,46750
NO TRADE ZONE - 47200 to 47350
Previous Day High - 47350
Previous Day Low - 46300
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
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HAPPY TRADING 👍
Optionsstrategies
NIFTY INTRADAY LEVELS FOR 04/03/2024BUY ABOVE - 22450
SL - 22420
TARGETS -22500,22580,22650
SELL BELOW - 22350
SL - 22370
TARGETS - 22310,22270,22230
NO TRADE ZONE - 22350 to 22450
Previous Day High - 22450
Previous Day Low - 22370
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
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HAPPY TRADING 👍
S&P 500 INTRADAY LEVELS FOR 04/03/2024BUY ABOVE - 5140
SL - 5132
TARGETS - 5150,5160,5170
SELL BELOW - 5132
SL - 5140
TARGETS - 5120,5110,5100
NO TRADE ZONE - 5132 to 5140
Previous Day High - 5140
Previous Day Low - 5094
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BANK NIFTY INTRADAY LEVELS FOR SATURDAY 02/03/2024BUY ABOVE - 47360
SL - 47200
TARGETS - 47600,47750,47880
SELL BELOW - 47200
SL - 47360
TARGETS - 47080,46900,46750
NO TRADE ZONE - 47200 to 47350
Previous Day High - 47350
Previous Day Low - 46300
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY LEVELS FOR SATURDAY TRADING 02/03/2024BUY ABOVE - 22350
SL - 22210
TARGETS -22230,22170,22120
SELL BELOW - 22940
SL - 21990
TARGETS - 21890,21850,21800
NO TRADE ZONE - 22310 to 22350
Previous Day High - 22350
Previous Day Low - 22060
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Stock Market Logic Series #7Options Spreads strategy, let us talk about it.
If you want to buy high-probability spreads, there are specific places where you have the advantage.
And, there are other specific places where it is just pure gambling.
And, we don't gamble, EVER.
We take calculated risks, where the probability of success is much higher than the probability of loss.
--------------------------
In spread options, what matters the most is where the price will be at the expiration date.
WHY?
Because your profit can only be realized near the expiration date unless the price moves dramatically into your favor and far away from the spread strikes.
So, if what matters is where the price is at the expiration date, you want that in this future date, the price of the stock to be away from it, with HIGH PROBABILITY.
As you can see from the drawing on the chart,
the blue channel signifies the probability area of where the price should be in the future.
So if in the future, you are in the probable zone, as seen in the RED spreads, at the expiration date, the price could be below or above your strikes, and thus be successful or not successful, so your odds are more 50-50.
since the price can just stall there, and oscillate in this area, since it is the probable area where the price should be.
But if you look carefully at historical data, you can see that in the GREEN (MONEY ZONES), the price gets immediately rejected...
WITH THE HELP OF T-I-M-E
And when you buy spreads, you want TIME to be on your side...
So now you can easily see... how to make TIME which is a HUGE factor in spreads, on your side!
The trend is your friend... IF... you let it TIME to help you...
When you use options, and trading options in general you need to know which strategy fits which scenario, and where your HIGH probability trade waiting for you.
Just in case you don't know what options spreads are...
In simple words...
You choose 2 prices of the stock (aka strikes):
------$100
------$90
and you speculate that
if the price in a month will be above $100, you profit 1 point.
and if the price in a month will be below $90, you lose 1 point.
So it is a 1:1 risk-to-reward strategy.
So your advantage comes from knowing where are the pivot points.
But not all pivot points have the same advantage...
As I just showed you in this post...
Opening (IRA): TLT April 19th 90 Short Put... for a 1.10 credit.
Comments: Although I have a long-dated covered call on in TLT, starting to ladder out some short put at intervals that would result in an improvement of my cost basis in the covered call were I to be assigned shares.
Targeting the strike that's paying around 1% of the strike price in credit.
Gold trading strategy todayGold continues to trade within a price wedge and is nearing the boundary of the trendline. The precious metal remains capped below the $2040 resistance, and I am looking forward to selling gold with a profit target set at $2027 (the lower trendline limit).
What about you, are you considering selling gold? Remember to set your Take Profit (TP) and Stop Loss (SL) properly for safe and victorious trading!
The trend is unknown, waiting for the decision from the Fed Gold prices are struggling to find meaningful momentum as the market awaits a new catalyst. The narrative of enduring higher interest rates by the Fed has curtailed the potential for XAU/USD's price increase.
From a technical standpoint, the ability to consistently break through the resistance at $2,041-$2,042 would serve as a fresh stimulus for bullish speculators, propelling gold further towards the next relevant barrier around the $2,065 zone. With oscillators on the daily chart just starting to gain positive traction, the momentum could extend further, reigniting the possibility for XAU/USD to revisit the notable $2,100 mark.
On the flip side, the weekly low around the $2,025-$2,024 area, recorded the day before, may continue to offer some support ahead of the 100-day SMA, currently near the $2,013-$2,012 zone. The next psychological milestone for gold could well be the significant $2,000 threshold.
BANK NIFTY INTRADAY LEVELS FOR 01/03/2024BUY ABOVE - 46300
SL - 46100
TARGETS - 46450,46560,46750
SELL BELOW - 45930
SL - 46100
TARGETS - 45730,45570,45330
NO TRADE ZONE - 45930 to 46300
Previous Day High - 46300
Previous Day Low - 45730
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY LEVELS FOR 01/03/2024BUY ABOVE - 22060
SL - 22020
TARGETS -22120,22170,22230
SELL BELOW - 22940
SL - 21990
TARGETS - 21890,21850,21800
NO TRADE ZONE - 21940 to 22060
Previous Day High - 22060
Previous Day Low - 21850
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
S&P 500 INTRADAY LEVELS FOR 01/03/2024BUY ABOVE - 5100
SL - 5094
TARGETS - 5110,5120,5135
SELL BELOW - 5088
SL - 5094
TARGETS - 5081,5076,5070
NO TRADE ZONE - 5088 to 5100
Previous Day High - 5100
Previous Day Low - 5062
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
EURUSD : Buy now ???Hello everyone! Are you leaning towards buying or selling EURUSD today?
I'm currently eyeing a buying opportunity for EURUSD as the pair has retraced to the 0.5 - 0.618 Fibonacci zone. According to Dow Theory, buyers seem poised to propel the next price rally for EURUSD, with targets set at the 1.085 resistance and aiming further for the 1.087 peak.
GBPUSD: Discount ! GBP/USD is currently testing the near low of 1.2650 in early European trading on Wednesday. The US dollar is strengthening its recovery amidst cautious sentiment, ignoring the negative yields of US Treasury bonds.
At the moment, this currency pair is hovering around the 1.2650 mark, caught in a technical standoff between the resistance level at 1.2700 and an uptick in short-term technical support, rising from its last low to the level of 1.2550.
BANK NIFTY INTRADAY LEVELS FOR 29/02/2024BUY ABOVE - 46100
SL - 45930
TARGETS - 46300,46450,46560
SELL BELOW - 45930
SL - 46100
TARGETS - 45730,45570,45330
NO TRADE ZONE - 45930 to 46100
Previous Day High - 46750
Previous Day Low - 45930
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍