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Nifty Gann Predictions/Levels for Tomorrow w/ Options StrategiesNifty has taken support around 17 080 right here at S1 okay and it's going kind of sideways so let's quickly have define our support and resistance levels using GANN angles I'm taking the first Target for resistance at the price just above the high above the present price which was previously support around 17440 which is we call that r1 our first support is just below our presence supported and we're calling that s1 at 850 168.50 and one below that at um 600 Okay calling that s2 so where these supports and resistances intersect right those are they act as support and resistance levels depending on where your price is at the moment for your convenience i have labeled the support levels in green as you can see here and our resistance levels in red okay As you can tell our first support at 1710 followed by 950 excuse me followed by 980 below that is 950 then we have 900. so there is substantial support for nifty below 17 and 900 between these two prices all right and the resistance is at 140 17 140 Followed by 240 260 and since i ran out of space to put a couple of more labels we have another resistance at 3 30. 3 30 followed by 4 440 okay so how would you trade a market with so many close together supports and resistances right one option strategy in a sideways market since um that's What the support and resistance levels are telling us that nifty could remain in the range of 400 to 900 for some time before breaking out above 400 or below 900 all right so a few option strategies on a sideways market where our uh the vix itself is falling we are below 20 As i speak so in a low volatility situation how would you make money trading options so the most trusted option strategy in a sideways market is an iron corn door okay an iron condor you can look up what an iron corn door is i'm not going to go into much detail there and a second one is a short straddle although the short straddle carries unlimited risk i would avoid that i Would go for a short strangle between 3 30. okay we sell a call at 3 30 and we sell a put at 900 okay that would create a short strangle okay so these are some of the option strategies you could use in a sideways market and Let me quickly redefine the support and resistance levels you might want to write this down supports at 17 nearly 17 0010 followed by 980 950 and 900. okay if 900 is broken then obviously we are looking at eight around 850 830 and 800 as your final supports and uh for Resistances we are talking seventy thousand one forty currently trading above that the next followed by seventy two forty two sixty i doubt the 260 will be able to overcome today okay and for tomorrow our resistance could be around 3 30 and 4 40 In case the market goes up okay essentially filling up this gap right here all right guys so uh if you have any questions put them down in the comment section i will get back to you good luck and i hope your trades are profitable see you in the next one. Good Luck!
NSE:NIFTY
by MonsterOptions
Everyday with one Equity Intraday Profitable Idea:-Dr LalpathlaTrend Analysis is arguably the most important area of technical analysis and is key to determining the overall direction of a security. Trends are based on the principle of higher highs, higher lows (for an uptrend) and lower highs, lower lows (for a downtrend). Dr.Lal path lab is now in short term bullish mode in corrective wave pattern. and stands in Resistance area. Expecting bullish momentum, when it will cross 2850 with volume. Please initiate trade after breakout and retesting. Dr all path lab Buy above 2856. Target 2870,2880,2890,2915 Positional Target :(BTST):- 2950,3000,3050
NSE:LALPATHLABLong
by biplab86
Mid-cap Pharma Company might get a booster dose.Mid-cap Pharma Company might get a booster dose? The 31,177.59 Cr. worth mid-cap Pharma company, Laurus Labs Ltd. gave a massive 96% CAGR (3yrs.) in the past. The share price of the company made a high of Rs. 723.55 after which it saw a downturn is now giving signals of its trend reversal to Bullish. The share price of the company made an 'inverted Head and Shoulders' pattern which is a bullish trend reversal pattern. Also, the share price might also see a 50 & 100 EMA crossover in the next 1-3 trading session which again makes it a positive for traders & investors. In clear words, the target for the share is 665 - 685, with a mid-term view of 2- 12 weeks. The stock might retest the level of 550 - 560 (precisely Rs. 555) which would also make it the ultimate support. Also, please consult your financial advisor before entering into any trade. This piece of knowledge is shared only for educational purposes. Thank You & keep learning!
NSE:LAURUSLABSLong
by GautamNegi
Why is Allbirds stock down 70% since its IPO?Allbirds (NASDAQ: BIRD), the New Zealand footwear company, was listed on the Nasdaq in November 2021 at a starting price of US $21.21 and found a range between US $20 and $30 for one month. Its mission to create the world's first carbon-neutral shoe brand appealed to investors, perhaps those of the ESG persuasion, who have pushed a record US $650 billion of funds into ESG project in 2021. As noted by the Financial Post, Allbirds mentioned the word "sustainability" 112 times in its IPO filing. Starting December 2021, up to the time of writing, BIRD stock has plummeted to US $5.99, and its market cap has reduced to US $4 billion from US $900 million. While the company has been performing admirably, as per its quarterly report released on February 23, BIRD's stock price has flown south for the winter, as it's caught up in the same winddown experienced by many other of its growth stock brethren. Over the past few months, investors have generally turned against growth stocks ever since it became apparent that the US Federal Reserve would be hiking interest rates to combat the countries inflation that is famously at a 40-year high. Allbirds is firmly in the category of a growth stock and a unique growth stock at that, as its typically eco-conscious customers return less frequently to the Allbirds checkout aisle. This means its growth strategy and attempt to build brand awareness has to be particularly aggressive. As such, Allbirds is ploughing its cash flow and cash reserves into gaining more customers, opening brick-and-mortar stores, and expanding its apparel range. The company is projecting revenue of US $360 million in the 2022 financial year, a big lift in revenue over 2021, but still expects to make a loss of approximately US $11 million. Interestingly, it should be noted that about US $8 million of this shortfall is attributed to compliance costs associated with becoming a public company. Even though Allbirds may bootstrap its growth expenses with its cash flow and reserves, it does have US $40 million available under a revolving credit agreement. The cost of borrowing capital moving forward, should it need to meet its aggressive growth strategy, may become increasingly costly in line with the US Federal Reserve's interest rate hikes.
NASDAQ:BIRD
by BlackBull_Markets
11
Market Recap and levels to watch for the coming sessionsMorning Jumpstart 25-01-22 US Bounced bark hard from a weak open after trapping and squeezing some sellers. Bargain hunters were out in force expecting that the selloff is over and its time to buy the Dip. I feel that we may have seen the highs put in place and may expect a further unwind of bulls as inflation and interest rate rises kick in. More in the video.... Thanks for watching and please take some time to check out the website.
CBOT:ZT1!
by TradeTheStructure
Could be a slippery slide lower on the ASXThe ASX200 is under pressure as price falls into the weekend on stock market meltdown fears. US rate rises and inflation, along with other concerns, are weighing on bullish sentiment and testing the patients of buyers. Is this the calm before the inevitable storm? To me, the 7175 level is the line in the sand after the recent RTF (Double Top) at 7625, and buyers will need to hold the line if we are to see higher prices. Price has extended into the level so may see a bounce on some bargain hunting in coming sessions although this will largely depend on how the US performs tonight. US bonds are pointing to four rate rises this year which is more than expected and pressuring markets. There are some saying that the US Fed has made a mess of easing and have left it too late to contain inflation so will be chasing with faster tightening. If this is the case, I do not see traders wanting to add risk to portfolios or Funds willing to support price...so now is the time I am happy to be cautious hence the recent short on the ASX200 CFD. Check out our website and follow us on social media.
ASX:XJOShort
by TradeTheStructure
3