TSLA Bulls holding their groundWe have witnessed the battle that has left this stock range bound. Well the rest of the market has been the same.
Yet TSLA investors showed no extra bias after the TSLA stock split.
Bulls piled up at the $290 mark and managed to hold price from falling further, creating yet another Higher Low
$314 and $324 might be in the Horizon for this stock, yet due to market conditions I would not venture further than that considering it will be pushing up against a dynamic Bearish trend line if it manages to cross the $328 mark.
Just stay sharp.
If TSLA loses that $290 mark then I guess you know.
Optionstrading
Nifty Levels & Strategy for 30/08/2022Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please consult your financial advisor before trading.
Global cues are quite negative. FIIs sold in cash as well as F&O contracts by -6000 plus crores. Today also Dow Jones and Nasdaq are trading in red. India VIX has jumped up by 8.83%. Crude started boiling again. US Dollar & US 10Y bond yields are maintaining at quite high level.
Shall continue to look for sell on rise opportunities till global market sentiments remains negative?
Please do share your comments. Have a happy, healthy & profitable day ahead!
Bank Nifty Levels & Strategy for 30/08/2022Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please consult your financial advisor before trading.
Global cues are quite negative. FIIs sold in cash as well as F&O contracts by 6000 plus crores. Today also Dow Jones and Nasdaq are trading in red.
Shall continue to look for sell on rise opportunities till global market sentiments remains negative?
Please do share your comments. Have a happy, healthy & profitable day ahead!
VET is pumping profits LONGVET like OXY is showing a great chart with consistent price action.
Fundamentally, it has had great earnings reports in the past year.
It rates an 8/8 on the Minervini Trend scale showing strength and duration of trend
as very high. Vermillon Energy has been strong in the general market downturn.
I see this as a Swing long setup with a good expectant reward for the risk assumed.
I am considering the call strike $30 option for September 16th.
Bank Nifty Levels & Strategy for 29/08/2022 and new few daysDear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please consult your financial advisor before trading.
Global cues are clearly negative. Dow Jones has closed with sharp cut of 1000 plus points and Nasdaq with 500 plus points based on outcome of Jacksone Hole meeting. Market sentiments became negative.
BANK NIFTY
Bank Nifty is up by 36 points. Bank Nifty closed near day’s low, below 20 EMA, VWAP levels. Bank Nifty trader firmly and sideways throughout the day Last hour sharp selling/volatility gave opportunities to bears as well as bulls. PCR stayed almost at same from 0.66 to 0.67 which is clearly in bearish zone.
Highest open interest on call side at 39500 (Remained at same level)
Highest open interest on put side at 39000 (Remained at same level)
NIFTY
Nifty is up by 36 points. However, Nifty closed near day’s low, below 20 EMA, VWAP levels. Market was stable for most of the day on Friday but we have seen fear & high volatility in last hour. PCR shifted slightly below from 0.76 to 0.73 which is clearly in bearish zone.
Highest open interest on call side at 17700 (Shifted down from 18500 to 17700)
Highest open interest on put side at 17000 (Remained same at 17000)
Shall we expect downward trending market on Monday based on Jackson Hole meeting outcome?
Shall now look for only sell on rise opportunities till global market sentiments remains negative?
Shall we expect decent profit booking after significant one way relief rally which almost became bull run now?
Please do share your comments. Have a nice weekend and wish you happy, healthy & profitable Monday!
Is Bank Nifty getting ready for breakout or breakdown ?Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please consult your financial advisor before trading.
Bank Nifty trading in very narrow range and getting ready for directional move.
OI data indicating weakness. Let us see how it goes.
Nifty levels for 26/08/2022Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please consult your financial advisor before trading.
NIFTY
Nifty is down by -82.5 points. Nifty closed near day’s low, below 20 EMA, VWAP levels. Once again, we had a highly volatile day. PCR shifted below from 0.84 to 0.76 which is still in bearish zone.
Highest open interest on call side at 18500 (Shifted up from 18000 to 18500)
Highest open interest on put side at 17000 (Remained same at 17000)
BANK NIFTY
Bank Nifty is down by -88 points. Bank Nifty closed near day’s low, below 20 EMA, VWAP levels. Once again, we had a highly volatile day. PCR shifted down from 1.08 to 0.66 which is now back in bearish zone.
Highest open interest on call side at 39500 (Shifted down from 40000 to 39500)
Highest open interest on put side at 39000 (Shifted up from 38000 to 39000) – BULLS GOT TRAPPED
Shall we expect trending market tomorrow after Jackson Hole meeting outcome?
Please do share your comments. Have a happy, healthy & profitable day ahead!
Bank Nifty Level for 26/08/2022Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please consult your financial advisor before trading.
BANK NIFTY
Bank Nifty is down by -88 points. Bank Nifty closed near day’s low, below 20 EMA, VWAP levels. Once again, we had a highly volatile day. PCR shifted down from 1.08 to 0.66 which is now back in bearish zone.
Highest open interest on call side at 39500 (Shifted down from 40000 to 39500)
Highest open interest on put side at 39000 (Shifted up from 38000 to 39000) – BULLS GOT TRAPPED
NIFTY
Nifty is down by -82.5 points. Nifty closed near day’s low, below 20 EMA, VWAP levels. Once again, we had a highly volatile day. PCR shifted below from 0.84 to 0.76 which is still in bearish zone.
Highest open interest on call side at 18500 (Shifted up from 18000 to 18500)
Highest open interest on put side at 17000 (Remained same at 17000)
Shall we expect trending market tomorrow after Jackson Hole meeting outcome?
Please do share your comments. Have a happy, healthy & profitable day ahead!
$BIDU going against the grain-RECAP🔸️Ticker Symbol: $BIDU timeframe: 4H 🔸️4X Bull Pattern 🔸️Investment Strategy: Long
TECHNICAL ANALYSIS: This alert was posted last night.. options ran 90% today!!
🔔 Follow for daily stock, crypto and forex technical analysis .
⚠️ Trading is risky, and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. All Inclusive Trading LLC is not a financial advisor and may not be held liable for any losses which may occur.
Nifty Levels for 24/08/2022Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please consult your financial advisor before trading.
NIFTY
Nifty is up by 87 points. Nifty closed above 20 EMA , VWAP level near day’s high. We had a highly volatile day. PCR shifted down from 0.60 to 0.83 which is still in bearish zone.
Highest open interest on call side at 18000 (Same as yesterday)
Highest open interest on put side at 17500 (Shifted up from 17000)
FIIs, DIIs & OTHER PARTICIPANTS DERIVATIVE DATA ANALYSIS:
FIIs ( Bullish ):
FII bought in cash market for 563 crores and bought in derivative market contract for 6510 crores (please do continue to read about whether they bought long positions or short positions). FIIs reduced their index & stock future long contracts & added short positions in index & stock future contracts. FIIs took long positions in index call as put contracts & reduced stock call & put contracts.
DIIs (Mild Bullish ):
DII sold in cash for -215.2 Crores. DIIs have slightly added new positions in Index & stock future contracts. Heavily reduced positions in options contracts.
PRO ( Bearish ):
Pro traders have added short index & stock future contracts. Reduced option contracts in index & stock call contracts. Added option contacts in index & stock put contracts.
CLIENT ( Bearish ):
Retail/ HNI added index & stock future contracts. Significantly reduced their index & stock call option contracts. Added index put contacts & reduced stock put long & short contracts.
Shall we continue to expect high volatility in next few days?
Shall we look for buy on dips or sell on rise opportunities?
Please do share your comments. Have a happy, healthy & profitable day ahead!
SPY Option Setup 4/15 - 4/19The market seems to be heading back into a bullish direction. Im looking for SPY to break $429, if this happens I will enter a Call and will be looking to take profit towards $437. If SPY doesnt break $429 and instead creates new resistance then I will be looking to see if SPY goes back into the $420 - $424 zone. If SPY enters that zone and breaks the $421 support then I will be looking to enter in a Put. If entered in the Put I would look to take profit around $412 - $415. Overall my biased is Long, I'm thinking Bulls are going to continue to take over the market and Calls will be in favor.
TSLA Idea Short Looking for a short-term play on TSLA retracement lower, however, I’m still bullish with projections around the 933.12 level, especially with Tesla unveiling the 3-for-1 stock split which had markets stock up 1.7%.
We will plan accordingly with whatever the market shows us and stick to our trading plans.
SPX (S&P500) - Trendline Support Test - Daily - PotentialSPX ( S&P500 ) is currently testing Trendline Support price above $3737.20.
SPX price could potentially bounce up from trendline support to the price targets above: $3894.86, $4000, $4100.
FOMC Statements & Press Conference policy changes could cause extra volatility this week and month for risk assets.
This would mark the 6th major time the SPX price has tested the lower trendline support line.
However, if trendline support Fails, price could eventually fall down to $3700, $3600, $3500 below.
Utilize stop loss, profit target, position sizing, and risk management.
All content is Not financial advice. Trade at your own risk.
Tomorrow nifty50 Today with a hug recovery in a market nifty were close in a buying position/in a bullish level after seeing this now for
tomorrow buy nifty 50 above 17400
Our target 17450 17520 17596
Sl 17360 we can't make any bearish level bcz for tomorrow our view for Market was bullish
But by chance market break 17350 level thn make bearish position target 17300 17265 17230
Sl 17390
Major levels marked....all I can say that I will keep my view bearish. can of some market sentiments as well as a major 38000 k resistance of over 30L contracts sold. so logically and including all others factors I will keep my bias bearish. for long I think we can only go long once market sustain 38000 resistance for a hour or so. nevertheless keep your RRR maintain traders.
best of luck for the boom expiry.