Dont be Positive of Nifty 50 yet- Crucial LevelsAs drawn in chart the 2 most beautiful support for nifty50 is yet to be reached so dont be positive for nifty 50 yet. This is the chart of Gift Nifty and at the 1st Green support invest 25% of you funds and the 2nd green invest rest of the funds. Till then don't be bullish at all.
NIFTY1! trade ideas
Renko percent//@version=5
indicator("Renko Percentage Change", overlay=true)
// Get the Renko brick size
brick_size = request.security(syminfo.ticker, "1D", high - low)
// Calculate percentage change
perc_change = (brick_size / close) * 100
// Plot the percentage change as a label
label.new(bar_index, high, text=str.tostring(perc_change, "#.##") + "%", color=color.green, textcolor=color.white, size=size.small)
Review and plan for 12th February 2025 Nifty future and banknifty future analysis and intraday plan.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Nifty50 Trade Setup – February ExpiryAnalyzing the 7th Feb settlement prices using my proprietary OptionSigma model, a key level emerges: 23,698.80.
📌 Bullish Scenario: A clean breakout above 23,698.80 signals strength—potential long opportunities in Nifty February Futures or Monthly Call options.
📌 Bearish Scenario: Failure to breach this level? Shorting is the only play—either via futures or buying put options.
⚡ Stay sharp. Watch the price action around this level for confirmation!
#Nifty50 #OptionsTrading #IndexTrading #OptionSigma #FNO #TradingStrategy
Review and plan for 6th February 2025Nifty future and banknifty future analysis and intraday plan.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT