Get started

Indianmarket

BANKNIFTY strikes to sell based on India vix❗ ❗ Hi traders 😊 🛑 Banknifty short strangle strikes 🛑 Selling strikes purely based on India vix volatility index 🛑India Vix closed at 18. 54 with gaining of nearly 2.71% over the one day which means premiums were high on both the sides of options which is help for option sellers if market stays between this range as follows 🛑If we calculate India vix for day volatility or expected swing in both side for next day the we will get ◽ Here banknifty can go upto max +370 points from previous close 37945 means it may can swing up to hardly 38315 we can see in option chain their is more shorts position were holding by institutional traders ◽ Or can go down by -370 points from previous close 37945 and it may be swing down to 37575 ( Caution it doesn't include any sentiment ie . Global or economical or news ) ◽ Indian Vix volatility works best in range bound market and helps option sellers ◽ Now clearly we get one strike from to short ie .38300 in CALL side ◽ Another one in downside we get one strike ie . 37500 PUT side ◽we can clearly observe that market maybe trade between this range so I will going to do this Short strangle means selling OTM strikes of PE And CE ◽ short CALL ➡️ Sell 38300 CE with stop loss of 38150 (simply exist from position after breakout of 38150 with is crucial resistance level I have discussed above it you can checkout by visiting mine profile) ◽ Short PUT ➡️ Sell 37500 PE with Stoploss of 37600 (or in other words : exist from PUT position if breakdown of 37600 which crucial support zone and it is pivot point control region. I have discussed above it clearly u can visit mine profile and Checkout) ➡️ If sold both strikes (or if do short strangle) Key important you must have to follow ◽ Exist from one position if breakdown/breakout happens and keep it another side for until reach the target level ( if want to know Target level set visit mine profile and watchout BANKNIFTY analysis for expirey day I have clearly mentioned Target levels) ◽ If breakout happens at (38150)exist from Position of CE or buy back CE or close CE selling position Then keep short side PE to reach Target of 38500 (I clearly explained about it visit mine profile) ◽ If breakdown happens (at 37600 ) then exist from Position PE or buyback PE or Close Position PE Then keep it selling CALL (CE) until reach Target level 37300 🛑You can also short only side either CALL or PE and follow respective Stoploss points (Personally I will recommend Sell CALL or CE becaut fear market is higher ) 🛑Make sure your capital is 1.6 L rupees to execute this strategy 🛑Any doubts regarding on this comment below I will definitely help you guy's And if I'm wrong please let me know in comment section I will definitely correct my mistake ◽ Thanks for reading and do like it and follow for more and give reputation it will boost mine confidence ◽have nice day 😊
NSE:BANKNIFTYShort
by agasthya_d
1
Nifty 50 chart analysis Nifty formed an green hammer (Which is telling that there was selling pressure during the day ultimately a strong buying pressure drove the prices . This is what happened today) And if we see the intraday volatility today is about 0.72% which is good volatility range Positive sign :- closed above intraday pivot control point of 17500 level which is 1st resistance level for Nifty today I give an caution for option sellers (u can see in mine profile) ie. CALL shorts will get covered if breakout of 17500-17530 levels If go and see the option chain data (Given link below ) u can more shorts get covered in between strikes of 17500 to 17800 . Let's watch out intraday levels for Nifty for 22 SEP 🎯 Key levels Buying CALL only above 17620-17650 level which very crucial resistance zone And Buying PUT option only when traded below the 17330-17300 level which is very crucial support zone And Nifty will become when it's Traded below the 17450 level which is control pivot point region and don't short market until breakdown down this level [ call writers] otherwise u will run for covering
NSE:NIFTY
by agasthya_d
1
Nift Chart analysisCan you guys see which patter Nifty is formed now .... If you see in 5 mins chart you can see clear picture of it . Nifty as bounce back from support level of 17330-17300 it's support level of past 5th pivot point region which is imp support level and formed inverse head and shoulders with taking resistance of level 17430 lower end of today pivot point which acting as an strong resistance now and Take an trade BUY CALL Nifty when it breakout of resistance 17500-17510 with low quantity because there's more volatility in market ...
NSE:NIFTY
by agasthya_d
Nifty Daily - Dark Cloud cover Nifty is on strong uptrend. Nifty gapped up on 09/17/21, however within first two hours the up move was rejected and sellers dominated the market. This formed "Dark Cloud Cover" pattern where the current day candle gaps up and reverts to down move. By the close of day, red candle penetrates at least at 50% level of previous day candle showing the seller dominance. This created strong resistance at the upper wick , 17800 . trade idea (aggressive): Sell 17800 CE in tracking quantity. initial stop loss would be 50% of the premium (if aggressive). Position can be hedged by creating a spread. Pyramid as the market moves in favor. Trade Idea (Conservative): wait for retest of 17800, once rejected, initiate position in FNO of short side.
NSE:NIFTYShort
by patelamit13
NTPC LongNTPC/USD Information: National Thermal Power Corporation Limited is the largest power utility in India, both in terms of size and efficiency. The statutory corporation has done new investments in renewable energy sources on the Indian market. Signals: Position: Long Entry price: Limit order at 1,60 USD. There could also be an argument made about placing a market order at 1,65 USD, depending on the following indicators. Stop Loss: 1,55 USD Target price: 2,0 USD %: 2,0/1,65 = 25% increase Indicators: Bollinger Bands: The squeeze of the Bollinger Bands happened two days ago on the 14h of September, from where the Bollinger bands were expanding, and a period of higher volatility started to happen. MACD: The MACD indicator indicates a bullish movement. The MACD line crossed the signal line on the 31st of August and once again on the 13th of September and the indicators indicate that the uptrend might be continuing which is identified by the histogram is spreading further apart from each other. RSI: The RSI line is at 62.97 which indicates that the stock is on an upwards trend, and that the stock is slightly overbought. Conclusion/Analysis: This uptrend began on the 31st of August but within the volatility lines explained by the Bollinger Bands but on the 14h of September does the volatility increase and might show an accumulating market. The analysis also shows that both the MACD line and the RSI are showing bullish momentum as well as the stock being in this high volatility time period indicates that the stock has momentum going forward meeting the demand of the Indian population (1,366 Billion) as well as their recent expansion in renewable energy. What also is notable is that the stock is slightly overbought and that the stock price would fall down towards the limit order of 1.60 USD.
BSE:NTPCLong
by vf_investment
is everything rainbows, roses, and unicorns for India?The great mobility of capital in India has been known for some time. In the endgame however, valuations becoming overstretched, although a mere extra, is one of the principal actors. So we must consider unicorns to be developed as as necessary step in this battlefront and it is no surprises from a timing perspective. So we have the following charts: Nifty slowly approached the 12,000 level, and when arrived it brought together all kinds of unloading, more than enough for a hearty breakfast. Once more we consulted, this time with the price at 8,500, and this picture was intended to convey how after the penetration, we should typically look for a slingshot towards the highs in a 5th wave. Here we now have the proper moment to get into contact with the corrective swing. I am looking for an August/September temporary high that could last into Q1 2022, and so we can become a bit more enterprising with the next moves. Here eyeballing a correction from current levels, 16,500, towards the 12,500 support over the coming months and quarters. This is demonstrating profit taking as the big beasts and sharks book gains for the year, and bringing your portfolio to safety rather than anything else.
NSE:NIFTYShort
by ridethepig
9
BTC (INR-adjusted) / SENSEXAs long as we are above 36.9 for BTC / Sensex, there's no reason not to own BTC. The almost-10-year-old trendline is also acting as a strong support zone. One more interesting point to note is how BTC ripped up in May 2017 after breaking out of the Nov 2013 highs. After the May 2017 breakout, the former highs acted as support in July 2017. Post that retest, BTC / Sensex roared to the famous 2017 BTC bull run. Now, a similar pattern in the ratio, with those December 2017 highs acting as strong support, can be seen developing in August 2021. Not investment advice. This is only for educational and entertainment purposes. Please refer to your investment advisor before doing anything. I am neither a registered investment advisor nor a research analyst.
INDEX:BTCUSDLong
by udayanadhye
1
ICICI BANK potential distribution phaseHey guys! Today we are looking at the ICICI Bank chart. Seems like the recent bull market move needs some rest for a while. Although anything can happen, I am waiting for clear confirmations before executing a sell or a buy. But mainly I would look for sell side trades. The horizontal orange line shows the level, if broken, I would look to sell the share and go short, i.e bearish. I might sell calls or buy put option or might sell the FUT or EQ segment. Will depend on the situation at that time. Nothing mentioned above is an investment advice, kindly contact your financial advisor before taking any action. We will not be responsible for any profit/loss Good luck guys! <3
NSE:ICICIBANKShort
by noobieYETpro
Equal Weight Nifty ETF Movement3 shares - Reliance Industries, HDFC Bank and Infosys - weigh almost 30% of the NIFTY 50. These shares have returned anywhere between 18% and 35% in the last 3 years. Looking at an equal weight Nifty chart can give a useful perspective about NIFTY movements. As seen in the chart, NIFTY went nowhere for almost 6 years from April 2015. It only surpassed those April 2015 levels in January 2021. The former highs were retested in April 2021, and like a charm, the former resistance became the new support. Get information about NFTY ETF from First Trust below.
NASDAQ:NFTYLong
by udayanadhye