stockssimplyfy

stockssimplyfy

Nifty today traded in same area as we expected yesterday. Tomorrow if gap downs and hits 16340 price level we can expect retracement till 16400 as it is a major resistance area. If gap ups or price breaks channel and moves beyond 16570 price level immediate target would be 16680. Being wednesday i dont expect big movement of price either side tomorrow.

stockssimplyfy

Tomorrow if price gap downs below 16500 or lower low lower high trend continues below 16500 level , immediate target would be 16430 otherwise i expect range market

stockssimplyfy

Bank nifty is looking v bullish than nifty , if price breaks channel & resistance at 37000 level ,momentum can take little pause between 37000....38000 levels. we can see small consolidation around this area & can expect a small retracement from this level . if price fails to break immediate resistance , we can expect initial retracement till 0. 236 of fib.

stockssimplyfy

if NIFTY breaks immediate resistance at 16900 level then it will trade in previous buyers and sellers area which lasted 2 week previous time, and it will also be trading near regression channel resistance area for third time, from 16900 to 17500 price will be voilatile it is better we trade nifty half the quantity lots what we used to trade reguarly .

stockssimplyfy Updated 

BANK NIFTY is making continous higher high and higher lows since 32300 i assume same trend will follow tomorrow and that too being friday i dont expect big movement either side. we should not trade put until price breaks 35870

stockssimplyfy

Nifty is trading in range from 2 days and i expect same trend tomorrow as it is friday option value will not decay much . If price moves beyond 16600 ...16680 will be our target.Market is making higher highs higher lows and didnt crossed previous low since 15190 i dont want to buy put till price breaks 16430 support

stockssimplyfy

Nifty is trading in range from 2 days and i expect same trend tomorrow as it is friday option value will not decay much . If price moves beyond 16600 ...16680 will be our target.Market is making higher highs higher lows and didnt crossed previous low since 15190 i dont want to buy put till price breaks 16430 support

stockssimplyfy

Since nifty is trading in range from two days tomorrow i expect same as it is friday . Trending market on fridays are rare as we cant expect option decay much and price is making higher highs ..higher lows i dont want to buy put till price breaks 16400 support If price breaks 16600 can buy ce target will be 16700

stockssimplyfy

AS SGX NIFTY CLOSED LITTLE BEARISH AND USA MARKET ENDED IN GREEN ........cant expect big move either side much in our trading session

stockssimplyfy

Tomorrow if nifty price starts around 16500 level and first 15min candle shows bullish sighn we will buy 16500 ce and our first target will be 16600 & if price is showing bullish trend with big candles then we can further extend our target till 16670. ...........if price moves downwards below 16460 level we will buy put and can expect gap fill....target 16350

stockssimplyfy

If nifty price tomorrow starts around 16350 level our target will be 16500 .We can buy 16300 ce......if gap downs below 16240 price there is less chance of price moving further as 16200 will be major support area then we can expect side ways market between 16300....16200 price levels being wednesday both option price will be voilatile so avoiding trade will be better.