BANKNIFTY levels for expirey day ❗❗Hii Traders 😊 ,
Welcome to BANKNIFTY Futures and options
and optionchain data analysis for friday
◽ Banknifty weekly pivot is at 37500
◽And monthly pivot is at 37300,
◽ PUT side Open interest is decreasing possible reversal may occur caution ( intraday levels were explained below I hope that it will help a lot , do like ,share , follow for more ... )
🛑 if we see day frame chart of BANKNIFTY currnetly trading above 21Day , 50 Day , 100 Day moving averages
🛑 Taking support at 21 DMA
🎯 Key levels to watch out for day trader
🛑 Major resistance zone for BankNifty is at 38050-38100 ( if see the option chain data on call 38000 CE strike holding more number for short position which will act as strong resistance area to bank Nifty )
◽ If market breakout resistance then we can see Target of 38300
◽ Whenever until breakout that resistance level don't trade
◽ Stop loss will be 37950
◽If gap down or slight gap up happens then 37900 will be resistance zone
🛑 Major support level for BankNifty
◽ Support level for nifty lies at 37400-37300 (in option chain data Put side strikes shorts position were exiting means OI is negative it means downside movement is possible in other words potential reversal is possible )
◽ Whenever until breakdown this level don't take a trade
◽ if Market successfully breakdown this level then we can take a trade
◽ And we can see the Target 1 will be 37100
◽STOP loss will be 37480
◽ Market will be indecisive between 37350-37900
🛑 levels for banknifty futures will be also same
◽Go long on banknifty Futures if it breakout the resistance ie . 38050-38100
◽ Don't short the market until below the 37500
Don't take a trade if market open above or below our levels bcz market don't like gaps let the market to consolidate first and then take a trade
🛑 TRADESHOTS
◽ Resistance level to BUY call only above 37050-38100
◽ support zone to buy PUT only below 37400-37300
◽ BankNifty will be weaker below the 37500
◽ Banknifty weekly pivot is at 37500
◽And monthly pivot is at 37300
Thanks for reading 😊
I hope that it will help a lot and if I'm wrong kindly comment mine mistake surely I will correct it
If you like it do follow for more and give reputation which will boost mine confidence to do more.
have a nice day 😊
Indianstocks
NIFTY levels for expirey day
Hii Traders 😊
Welcome to NIFTY 50 Futures and options and option chain analysis for intraday trading ......................
◽ Weekly pivot point 17650
◽ Monthly pivot point 17450 ( Explained briefly Below I hope that you will like it do follow for more )
🛑 Nifty will be stronger above 18000 zone which crucial resistance zone if failed to close above that zone then we can see some correction in market it may can test the 17000 levels This will be crucial for nifty to sustain above the level until then market will be weaker
🛑 Currently it is trading above 21Day ,50 Day, 100 Day moving averages
🛑 Taking support from 21 DMA
🛑Nifty forming bearish engulfing ( Red candle is longer than yesterday's green candel means sellers were more agressive and it saying that potential direction is towards downside )
🎯 Key levels to watch out intraday levels for day trader
🛑 Major resistance zone for Nifty is at 17850-17900
◽ If market breakout resistance zone then we can see Target of 18000 as first target (if we see the Option chain data more short position are at 18000CE means from option chain data it acting as strong resistance)
◽ Stop loss for this level is 17800
🛑 Major support level for Nifty 50
◽ Support level for nifty lies at 17570-17600 (if we see option chain data (it is available in nse website ) at 17600 in put side here shorter's were exiting from Thier position which means they were panicking)
◽ If breakdown happens we can see the 1st Target of 17470
◽ stop loss ie .17670
🛑 levels for Nifty Futures will be as follows
◽ Go long on nifty Futures if it breakout our resistance 18000
◽ Don't short the market until below the 17660
◽In between range is indecisive don't go long or short anything can happen
🛑 Tradeshots
◽ Resistance zone buy CE only above 17850-17900
◽ support zone to buy PUT only below 17600-17570
◽ Nifty will be weaker on intraday basis below the 17650
◽ Weekly pivot point 17650
◽ Monthly pivot point 17450
Thanks for reading,
If you like it do follow for more and give reputation which will boost mine confidence to do more.
have a nice day 😊
BANKNIFTY Shorting strikes using Vix ❗ 🛑 Shorting strikes purely based on India vix volatility index
🛑 Yesterday I given strikes and market closed in between those strikes , and made some good profits (you can checkout by visiting mine profile)
🛑 India vix volatility index helps us to identify short strangle strike's
🛑India Vix closed at 16.40 which is fall by 2.03% , which tells us that Both CE and PE strikes were declining
🛑 ( Caution it doesn't include any sentiment ie . Global or economical or news and avoid Shorting when there's impacting news were came out )
◽ Indian Vix volatility index works best in range bound market and helps option sellers
🛑 You can also short only side either CALL or PUT and follow respective Stoploss points As per below (Personally suggestion Sell CALL)
🛑 Short Call
◽ short 38000 CE (we can see in option chain data available in nse , there is lot of short positions were holding at 38000 Call side strike)
◽Exit from short Call position when market breakout 38050 resistance zone ( SL )
◽ Target will be 37200 book your profit at this level
🛑 Short PUT
◽Short 37400 PE
(these levels were exact support and resistance in option chain and also in chart analysis you can checkout mine market analysis for Wednesday )
◽ maintain Stoploss for this position 37400 / exit from this position to restrict your loss
◽ Target will be 38200 / book your profit at this level / exit from short PUT position
◽ we can clearly observe that market maybe trade between this range
🛑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 😊
BANKNIFTY levels for Wednesday ❗❗
Hii Traders 😊 ,
Welcome to BANKNIFTY Futures and options
and optionchain data analysis for friday
◽ Banknifty weekly pivot is at 37500
◽And monthly pivot is at 37326 ,( intraday levels were explained below I hope that it will help a lot , do like ,share , follow for more ... )
🛑 if we see day frame chart of BANKNIFTY currnetly trading above 21Day , 50 Day , 100 Day moving averages
🛑 Taking support at 21Day MA
🛑 BANKNIFTY Forming Bullish candle on daily frame
🎯 Key levels to watch out for day trader
🛑 Major resistance zone for BankNifty is at 37950-38050 ( if see the option chain data on call 38000 CE strike holding more number for short position which will act as strong resistance area to bank Nifty )
◽ If market breakout resistance then we can see Target of 38300
◽ Whenever until breakout that resistance level don't trade
◽ Stop loss will be 37850
◽If gap down or slight gap up happens then 37900 will be resistance zone
🛑 Major support level for BankNifty
◽ Support level for nifty lies at 37400-37350 (in option chain data at 35000 PE strike holding more shorts position now it maybe act as support zone)
◽ Whenever until breakdown this level don't take a trade
◽ if Market successfully breakdown this level then we can take a trade
◽ And we can see the Target 1 will be 37100
◽STOP loss will be 37500
◽ Market will be indecisive between 37350-37900
🛑levels for banknifty futures will be also same
◽Go long on banknifty Futures if it breakout the resistance ie . 38050-38100
◽ Don't short the market until below the 37500
Don't take a trade if market open above or below our levels bcz market don't like gaps let the market to consolidate first and then take a trade
🛑 TRADESHOTS
◽ Resistance level for CE buyers /option buyers is at 37950-38050
◽ support zone to buy PUT / PE is at 37400-37350
◽ BankNifty will be weaker below the 37500
◽ Banknifty weekly pivot is at 37500
◽And monthly pivot is at 37328
Thanks for reading 😊
I hope that it will help a lot and if I'm wrong kindly comment mine mistake surely I will correct it
If you like it do follow for more and give reputation which will boost mine confidence to do more.
have a nice day 😊
NIFTY levels for Wednesday ❗Hii Traders 😊
Welcome to NIFTY 50 Futures and options and option chain analysis for intraday trading ......................
🛑 Nifty will be stronger above 18000 zone which crucial resistance zone if failed to close above that zone then we can see some correction in market it may can test the 17000 levels This will be crucial for nifty to sustain above the level until then market will be weaker
🛑 Currently it is trading above 21Day ,50 Day, 100 Day moving averages
🎯 Key levels to watch out intraday levels for day trader
🛑 Major resistance zone for Nifty is at 17900-17950
◽ If market breakout resistance zone then we can see Target of 18050 as first target (if we see the Option chain data more short position are at 18000CE means from option chain data it acting as strong resistance )
◽ Stop loss for this level is 17850
🛑 Major support level for Nifty 50
◽ Support level for nifty lies at 17570-17600 (if we see option chain data (it is available in nse website ) at 17600 in put side having more short positions in other words more shorts position were holding at 17600 PE now it will act as strong support zone)
◽ If breakdown happens we can see the 1st Target of 17500
◽ stop loss ie .17660
🛑 levels for Nifty Futures will be as follows
◽ Go long on nifty Futures if it breakout our resistance 18000
◽ Don't short the market until below the 17660
◽In between range is indecisive don't go long or short anything can happen
🛑 Tradeshots
◽ Resistance level for CE buyers /option buyers is at 17900-17950
◽ support zone to buy PUT / PE is at 17570-17600
◽ Nifty will be weaker on intraday basis below the 17660
Thanks for reading,
If you like it do follow for more and give reputation which will boost mine confidence to do more.
have a nice day 😊
Easemytrip Bullish pattern ❗🛑 easemytrip forming bullish pennant pattern
◽ Pattern represents that
After a strong upmove weak hands and short term Bulls were exiting from thier position
◽If green trend line breakout with huge volume then we can see it journey towards 700
◽ Fundamentaly strong stock
◽ good stock for long term vision
➡️ If it breakout 626 level then
◽ We can see target for short term 720
◽With SL 546
◽ R:R is 1:1.3
➡️ If it breakdown 573 level
◽We can see Target 480
◽With SL 656
◽ R:R is 1:1.2
If you like it , do share and follow for more
Have a nice day 😊
PIONEER DISTILLERIES LIMITED - Setting you nicely last hurdlePioneer Distilleries Limited is engaged in business of extra neutral alcohol (ENA) and allied products. The Company offers potable alcohol and related products. The Company's product portfolio includes Rectified Spirit (RS), Special Denatured Spirit (SDS), Absolute Alcohol (Ethanol) and Carbon-di-Oxide (C02). The Company has ENA production capacity of approximately 100,000 liters per day. Its ENA is used for production of Indian made foreign liquor (IMFL), whisky, brandy, gin and vodka, among others, and RS is used in the manufacture of ethanol, and used in making country liquor. The Company has set up power plants of total capacity of approximately 7.825 megawatts. The Company has a 160 Kilo Liters Per Day (KLPD) ENA manufacturing facility comprising approximately 100 KLPD of molasses-based ENA and over 60 KLPD of grain-based ENA at Balapur Village, Dharmabad Taluk, Nanded District, Maharashtra.
disc: Invested, Do your own research for PWI Lab portfolio
BANKNIFTY Shorting strikes using Vix ❗Hi traders 😊...................
🛑 Shorting strikes purely based on India vix volatility index
🛑 India vix volatility index helps us to identify short strangle strike's
🛑India Vix closed at 16.74 which is fall by 2.73% , which tell us that Both CE and PE strikes were declining
◽ Call premium were not increased as expected due to decrease in volatility
🛑 ( Caution it doesn't include any sentiment ie . Global or economical or news and avoid Shorting when there's impacting news were came out )
◽Indian Vix volatility index works best in range bound market and helps option sellers
🛑 You can also short only side either CALL or P
PUT and follow respective Stoploss points As per below (Personally suggestion Sell CALL)
🛑 Short Call
Now clearly we get strike from india vix volatility index to short ie .37900 / 38000 on CALL side (we can see in option chain data available in nse , there is lot of short positions were added at 38000 Call side strike)
◽Exit from short Call position when market breakout 38000 resistance zone
◽ Target will be 37000 book your profit at this level
🛑 Short PUT
◽ Another one in downside we get one strike ie . 37200 on PUT side
(these levels were exact support and resistance in option chain and also in chart analysis you can checkout mine market analysis fro Monday )
◽ maintain Stoploss for this ie.37200 / exit from this position to restrict your Stoploss
◽Target will be 38100 / book your profit at this level / exit from short PUT position
◽ we can clearly observe that market maybe trade between this range
➡️ If sold both strikes (or if you do short strangle)
Key important you must have to follow
◽ Exist from one position if breakdown/breakout happens and keep it another side or another position until reach the target
◽ If breakout happens at (38000)exist from Position of CE or buy back CE or close CE selling position
Then keep short side PE to reach Target of 37000
◽ If breakdown happens (at 37200 ) then exist from Position PE or buyback PE or Close Position PE
Then keep it selling CALL (CE) until reach Target level 38100
🛑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 😊
BANKNIFTY Levels for Tuesday ❓Hii Traders 😊 ,
Welcome to BANKNIFTY Futures and options analysis for friday
◽ Banknifty weekly pivot is at 37500
◽And monthly pivot is at 37326 ,( intraday levels were explained below I hope that it will help a lot , do like ,share , follow for more ... )
🛑 if we see day frame chart of BANKNIFTY currnetly trading above 21Day , 50 Day , 100 Day moving averages
🛑 Taking support at 21Day MA and good thing is closed above the 21DMA
🎯 Key levels to watch out for day trader
🛑 Major resistance zone for BankNifty is at 37850-37900
◽ If market breakout resistance then we can see Target of 38150
◽ Whenever until breakout that resistance level don't trade
◽ Stop loss will be 37750
◽ If gap down or slight gap up happens then 37790-37820 will be resistance zone
🛑 Major support level for BankNifty
◽ Support level for nifty lies at 37200-37100 (which day pivot control region)
◽ Whenever until breakdown this level don't take a trade
◽ if Market successfully breakdown this level then we can take a trade
◽ And we can see the Target 1 will be 36900
◽STOP loss will be 37300
◽ Market will be indecisive between 37300-37900
🛑 levels for banknifty futures will be also same
◽Go long on banknifty Futures if it breakout the resistance ie. 37950-38050
◽ Don't short the market until below the 37300
Don't take a trade if market open above or below our levels bcz market don't like gaps let the market to consolidate first and then take a trade
🛑 TRADESHOTS
◽ Resistance level for CE buyers /option buyers is at 37850-37900
◽ support zone to buy PUT / PE is at 37200-37100
◽ BankNifty will be weaker below the 37500
◽ Banknifty weekly pivot is at 37500
◽And monthly pivot is at 37328
Thanks for reading 😊
I hope that it will help a lot and if I'm wrong kindly comment mine mistake surely I will correct it
If you like it do follow for more and give reputation which will boost mine confidence to do more.
have a nice day 😊
NIFTY 50 analysis for Tuesday ❗Hii Traders 😊 ,
Welcome to NIFTY 50 Futures and options analysis for intraday trading ......................
🛑 Nifty will be stronger above 18000 zone which crucial resistance zone if failed to close above that zone then we can see some correction in market it may can test the 17000 levels This will be crucial for nifty to sustain above the level until then market will be weaker
🛑 Currently it is trading above 21Day ,50 Day, 100 Day moving averages
🎯 Key levels to watch out intraday levels for day trader
🛑 Major resistance zone for Nifty is at 17760-17790
◽ If market breakout resistance zone then we can see Target of 17880 as first target (if we see the Option chain data here 17800 CE holds more short position and next strike is 18000CE)
◽ Stop loss for this level is 17700
🛑 Major support level for Nifty 50
◽ Support level for nifty lies at 17530-17500
◽ If breakdown happens we can see the 1st Target of 17400
◽ stop loss ie .17580
🛑 levels for Nifty Futures will be as follows
◽ Go long on nifty Futures if it breakout our resistance
◽ Don't short the market until below the 17500
◽In between range is indecisive don't go long or short anything can happen
🛑 Tradeshots
◽ Resistance level for CE buyers /option buyers is at 17760-17790
◽ support zone to buy PUT / PE is at 17530-17500
◽ Nifty will be weaker on intraday basis below the 17500
Thanks for reading,
If you like it do follow for more and give reputation which will boost mine confidence to do more.
have a nice day 😊
ZEE Breakout and Medium Term InvestmentThe stock has broken out and retested, so it may undergo a rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 3:1
SL is placed below support zone & the previously upper trendline. The target is placed based on fundamentals and near swing high.
BANKNIFTY Short ❗❗Hi traders 😊...................
🛑 Shorting strikes purely based on India vix volatility index
🛑 India vix volatility index short strangle strike's
🛑India Vix closed at 17.21 which is fall by 6.47% on friday which show's that Friday market is in range bound and
🛑If we calculate India vix for day volatility or expected swing in both side for next day the we will get
( Caution it doesn't include any sentiment ie . Global or economical or news)
◽ Indian Vix volatility index works best in range bound market and helps option sellers
◽ Now clearly we get strike from india vix volatility index to short ie .37600 on CALL side
◽ Another one in downside we get one strike ie . 36900 on PUT side ( these levels were exact support and resistance in option chain and also in chart analysis you can checkout mine market analysis fro Monday )
◽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 37600 CE with stop loss of 37650 (simply exist from position CE after breakout of 37650 )
◽ Target will be 36800
🛑 Short PUT
➡️. Sell 36900 PE with the Stoploss of 36900 (or in other words : exist from PUT position if breakdown of 36900 which crucial support zone )
◽ Target will be 37800
➡️ If sold both strikes (or if you do short strangle)
Key important you must have to follow
◽ Exist from one position if breakdown/breakout happens and keep it another side or another position until reach the target
◽ If breakout happens at (37650)exist from Position of CE or buy back CE or close CE selling position
Then keep short side PE to reach Target of 37800
◽ If breakdown happens (at 36900 ) then exist from Position PE or buyback PE or Close Position PE
Then keep it selling CALL (CE) until reach Target level 36800
🛑You can also short only side either CALL or P
PUT 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 😊
NIFTY 50 Chart pattern ❗❗🛑 Nifty forming Flag pattern in daily frame
➡️ From aug to sep It rallied about 12%-13%
From 15900-17900
◽ This rally confirm that Other time frame players were present (OTF) Means big players were involved in this rally to take the market towards all time high
➡️ Now , it's corrected about 2%-3% from all time high
◽Means its saying that short term Bulls were exiting from Thier position or in other words weak players were exiting
◽Look like market is consolidating maybe this can continue for some days , as market is showing weakness so Bears can active and there is a chance they can short the market
◽ Stay light on your position and reduce your quantity until market close above 17950-18000 levels
I hope that it will help a lot ,
If you like it do follow
Have a nice day 😊
BANKNIFTY analysis for Monday ❗❗Hii Traders 😊 ,
Welcome to BANKNIFTY Futures and options analysis for friday
◽ Banknifty weekly pivot is at 37493
◽ And monthly pivot is at 37328 briefly explained below I hope that it will help you, do like ,share , follow for more ...
🛑 if we see day frame chart of BANKNIFTY currnetly trading above 50 Day , 100 Day moving averages
🛑 Taking support at 21Day MA and good thing is closed above the 21DMA
🎯 Key levels to watch out for day trader
🛑 Major resistance zone for BankNifty is at 37550-37650
◽ If market breakout resistance then we can see Target of 37900
◽ Whenever until breakout that resistance level don't trade
◽ Stop loss will be 37450
🛑 Major support level for BankNifty
◽ Support level for nifty lies at 36950-36850
◽ Whenever until breakdown this level don't take a trade
◽ if Market successfully breakdown this level then we can take a trade
◽ And we can see the Target 1 will be 36650
◽STOP loss will be 37050
◽ Market will be indecisive between 37700-36900
🛑 levels for banknifty futures will be also same
◽Go long on banknifty Futures if it breakout the resistance
◽ Don't short the market until below the 37000
Don't take a trade if market open above or below our levels bcz market don't like gaps let the market to consolidate first and then take a trade
🛑 TRADESHOTS
◽ Resistance level for CE buyers /option buyers is at 37550-37650
◽ support zone to buy PUT / PE is at 36850-37950
◽ BankNifty will be weaker below the 37300
◽ Banknifty weekly pivot is at 37493
◽And monthly pivot is at 37328
Thanks for reading 😊
I hope that it will help a lot and if I'm wrong kindly comment mine mistake surely I will correct it
If you like it do follow for more and give reputation which will boost mine confidence to do more.
have a nice day 😊
NIFTY 50 analysis for Monday ❗❗Hii Traders 😊 ,
Welcome to NIFTY 50 Futures and options analysis for intraday trading ......
🛑 Nifty will be stronger above 18000 zone which crucial resistance zone if failed to close above that zone then we can see some correction in market it may can test the 17000 levels This will be crucial for nifty to sustain above the level until then market will be weaker
🛑 Currently it is trading above ,50 Day, 100 Day moving averages
🛑 Taking support from 21Day moving average and good thing is closed above the moving average
🛑As I told in friday market analysis , 17600 will be crucial support zone for nifty but due to huge gap down market opened below the 17600 and it failed to closed above the level and for Monday market it will be crucial for market to close above the level for some movement
🎯 Key levels to watch out intraday levels for day trader
🛑 Major resistance zone for Nifty is at 17570-17600
◽ If market breakout resistance zone then we can see Target of 17700 as first target (if we see the Option chain data here 17700 CE holds more short position and next strike is 18000CE)
◽ Stop loss for this level is 17530
◽ Whenever until market below the 17570 market will be weaker and we can see more Shorts position in CALL and nifty futures as well
🛑 Major support level for Nifty 50
◽ Support level for nifty lies at 17440-17410
◽ If breakdown happens we can see the 1st Target of 17310
◽ stop loss ie .17500
🛑 levels for Nifty Futures will be as follows
◽ Go long on nifty Futures if it breakout the resistance 17570-17600 stay light with quantity
◽ Don't short the market until below the 17440-17410
◽In between range is indecisive don't go long or short anything can happen
🛑 Tradeshots
◽ Resistance level for CE buyers /option buyers is at 17570-17600
◽ support zone to buy PUT / PE is at 17440-17410
◽ Nifty will be weaker on intraday basis below the 17570
Thanks for reading,
If you like it do follow for more and give reputation which will boost mine confidence to do more.
have a nice day 😊
COAL INDIA Stock to watchout ❗❗❗🛑 Coal India stock formed an falling channel pattern in monthly Time frame
🛑 Trying to breakout the channel
🛑 Volume is good above the 100 Day moving average volume
◽Now stock is trading at nearly 2 year high
◽ Shortage of power in China will rise the demand in energy sector's of India
🛑Stock to watchout
🎯 Short-term Traget 220
Do like and follow for more , have a nice day 😊