Tesla (TSLA) Bull Run as Predicted!!Hello Traders,
last week here on Trading view, we published a bullish prediction for Tesla here after a slight retracement in price.
Tesla has followed that prediction!
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Stockoptions
HCLTECH - Short OpportunityHey guyz here is my small analysis for HCLTECH. One can take 1050 PE for December in order to get good returns
Bank Nifty Levels & Strategy for 07/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.
Bank Nifty: Options data indicating mild bearishness ahead of RBI policy. Smart money/big players have added plenty of new bearish positions. USA market are already nervous ahead of another rate in next week. Tomorrow, we can expect a sideway move ahead of RBI policy. Post RBI policy market direction will be dependent on rate hike & commentary by RBI regarding inflation & growth outlook.
Red Flags to keep in mind for coming days:
1.RBI meeting is going on. Reserve Bank of India (RBI) is likely to go ahead with another rate hike approx. 0.35% on Dec-07
2.USA Fed meeting (next week). Another rate hike of 0.75% is likely to happen.
3.Gujrat results on Dec-08. Exit-poll results looking good for market
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:
BANK NIFTY SCORECARD DATED 06/DEC/2022
BANK NIFTY IS DOWN BY -194 POINTS
Name Price Previous Day Change % Change
Bank Nifty 43139 43333 -194.40 -0.45%
India VIX 14.04 13.73 0.31 2.26%
OPTION STATISTICS BASED ON 08/DEC/2022 EXPIRY DATA
Max OI (Calls) 43200 (Open Interest: 2962250, CE LTP: 235.15)
Max OI (Puts) 43000 (Open Interest: 3863625, PE LTP: 111.2)
PCR 0.78 (PCR is in bearish zone)
Bank Nifty Calls:
ATM: Short Buildup, OTM:Short Buildup, ITM:Long Liquidation, FAR OTM:Short Buildup
Bank Nifty Puts:
ATM: Short covering, OTM:Long Liquidation, ITM:Short covering, FAR OTM:Long Liquidation
NFLX SHORT IS COMINGDuring a parabolic move, the price goes up in a steep upward incline on a chart as buying increases dramatically bidding up a price higher and higher with little if any short-term pullbacks.
A parabolic move on a chart is one of the most powerful types of chart patterns showing extreme fear of missing out and chasing prices higher and higher until it depletes all possible buyers. A parabolic move many times can go into extremely overbought readings over the 70 RSI and be over 4 to 5 deviations from the 20-day moving average. Additionally, we have an island reversal at $260 areas, so we have multiple confirmations which makes a higher probability.
Good Luck :)
WFC (POTENTIAL BUY/SELL LEVELS) ***BEARISH SENTIMENTJust my basic MONTHLY charting.
I have marked what I see as the POSSIBLE bottom (support).
I see overall DOWNTREND.
I have marked my potential BUY/SELL LEVELS for LONGS/SHORTS/CALLS/PUTS.
AAPL , Advanced Trade Setup - Apple Spread Option AnalysisFor Monday, Aug. 8th
📉 We are looking to position ourselves into Apple (AAPL) for short term DOWNSIDE MOVEMENT.
- We will be most likely Selling Calls to benefit from this position. We would also consider a Bear-Call Spreads, or Bear-Put Spreads.
(These are types of
spread options, sometimes referred to as Vertical Spreads, and Credit/Debit Spreads. If you have never heard of these, they are similar
to options, but lower risk with a set max profit. These differ from traditional Calls & Puts, by not needing to move for them to close
successfully. If we use apple as an example, we are going to do a Bear-Call Spread for $164, with a day expiration. If apple is $164 on
the dot, or less we close the trade with max profit.
- 👨🏼🏫 These Spreads, both the Bear-Put & Bear-Call are placed the same way. You will sell a Put or Call for the lower stock value, and at
the same time buy a Put or Call respectively, for the higher value stock price.) For this route, we are doing a
Bear- Call Spread for August 26, for $162.5 - $165. ❗We will be closing the position, or putting a Stop-Loss to
close in profit once the trade is at %50 ROI
- For those deciding to go the Option Puts, we suggest going 30 days out, @ $162.5-$165 Strike. We suggest reading below and considering why
an expiration up to 45-60 days away could lead to more profit if taking the Traditional Put route .
🛣️ For our route, we will be SELLING CALLS for the Strike Prices of $165 & $ 162.5, both EXPIRING August 26th .
📋 BREAKDOWN
We feel that AAPL will be peaking and rounding out this weekend. We can see this happening Wednesday-Friday, but we are so confident in this trade succeeding, we will be putting half our position in on Monday.
Apple we think has a high probability to fall a minimum of 4.8% over the next 3 weeks, with it initiating this week.
With September being the worst trading month of the year, we can see this precipitating well longer than the 5 weeks we stated, and going further than our nearly 5 % predicted drop.
Don't miss SBI Cards - short and long term entry triggered!SBI Cards has fallen 240 rs from all time high and has hit an important support zone.
We can expect a sharp, quick reversal from here and a continuation of the unmove on breaking and sustaining above the trendline.
For the short term, the target is 946 with a SL at 868. Entry can be made on Monday depending on opening and checking the RR. However, even after hitting the target, it should be strictly trailed as we can expect 990 levels quickly if trendline is broken.
The stock can also be bought as an investment purpose, with a SL below 770 and targets of 1500. Holding period of one to three years.
*educational purposes only*
QQQ Bullish WeekLooking to make some gains to the upside this week with QQQ.
-Caught support at GOLDEN FIB level
-1H support on 200MA
-4H support on 100MA
How to use EMA's and MA's to Find Entries and Exits!Video breakdown on how I use the EMA's and 9MA to find entries and exits. Figured its time for an update.
The beginning of wave 3 on LAZR!Great setup here on LAZR with the 1,2 count already in and a bull pennant formed
Minor Resistance: 35.07-35.71
Major Resistance- 39.87, 46.25
Stop loss: If I see a breakdown of the bull pennant pattern I will take loss
I am looking to enter at open if price holds the 9 day ema on the 3 and 5 minute time frames
$WMT Bounce Back Inbound | SleeperWMT $150 CALL 1/22/21 @ $110 AVG
DCJ | Trade Idea Not Financial Advice
$OIts possible price can head up. $O is in an uptrend since that march decline. Its possible price can head to $64.50
$AAPLOn 11/24 we bought more $AAPL at 112.26 (great buy). We also have $120 calls that expire in January. If the market can hold up, this can hit $125-$128. Key resistance levels will be around 123.78, 125.16 then a big resistance of $128.79.
CHARTING REQUEST! Those of you who follow me, please feel free to submit a TICKER in the comments and Ill do a quick video on it!
VZ to $61 - $61.40Its possible $VZ could go long, falling wedge has appeared and price has started to breakout. Its possible that it could be a FAKE OUT, also price is near $VZ's high. Potential target is $61 - $61.40
$SPY DOUBLE BOTTOM OFF PREVIOUS RESISTANCE, WHATS NEXT?Breaking down $SPY and what 11/16 could look like. Tune in! If you like this content, hit subscribe or smash the like button. Any request can be left in the comments and ill get do my best to provide a solid breakdown. YES I KNOW I LOOK LIKE HARRY POTTER.
Today was the catalyst I have been waiting for on KNDI.Its been an EV week with $TSLA $NIO $LI and KNDI all making big movements respective to their stocks. KNDI fell with no news or earnings to send it in either direction with conviction. I would expect to see more news in the coming days and at least another day or two of run up before we see significant downside. I currently hold equity and option contracts going out till DEC and end of NOV. I would expect big things and would probably select a far otm contact for JAN or MARCH. I ll have a update tomorrow!! Happy trading! Check out my youtube channel for more!
Quick break down of $AAPLAll signs point red, but with aapl anything could happen. Its sitting on top of a major suppor now, and watching EOD movement leads me to believe the buyers want to keep it within range. We will see if they get their wishs.
