NiftyFutures Key trading levels for 22nd Aug 22NiftyFutures Key trading levels for 22nd Aug 22
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Niftyoptionstrategy
NiftyFutures Key trading levels for 18th Aug 22_ExpirydayNiftyFutures Key trading levels for 18th Aug 22
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NIFTY Analysis/Prediction for tomorrow Expiry 21-07-2022NSE:NIFTY Analysis/Prediction for tomorrow Expiry 21-07-2022
If price Opens in Zone,
market should be in range or sideways,
so try to trade after 12:30 and
If breaks the range after 12:30.
🟢 Upside ✔️ Target Should be 16800
🔴 Down Side ✔️ Target Should Be 16330
For Gap-UP (Above 16600) Gap-Down (Below 16450)
One side move can be possible so wait for price action.
Note:
🚨 Gap-UP & Gap-Down more than 100 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 100 points wait for pullback.
⚠️ Wait for the 5-minute candle to close for confirmation.
⚠️ Trade Like: Either SL or Target.
⚠️ Important: Always maintain your Risk & Reward Ratio.
Nifty 50 Updates for Expiry Day 21st July 2022The Nifty50 on Wednesday climbed for the fourth straight session and broke 16,500 level on a closing basis.
Daily TF
Index has formed a spinning top candle around the XABCD Harmonic PRZ area of 16,600-16,500 hitting almost both of our targets. This pattern suggests a possibly of reversal but on additional confirmation. We might see a small profit booking if day low is broken. Upward momentum will continue only if 16,600 is sustained but the room for upside seems low and one should keep small targets.
2 Hourly TF
ABCD pattern is activated with potential target of 16,700 if index sustains 16,600. If index fails to sustain days low, we might see the gap being filled and can expect a bounce from the dynamic trendline support. Intraday will be tricky and we wait for the live market data for out trade setups. Option sellers can consider selling 16,700 CE after an up move.
Key levels:
Resistance – 16,600 (Target: 16,700)
Support – 16,470 (Target: 16,360)
Nifty - Confirmation of Downtrend, Where to enter the short?1. Looking at open interest 18000 still has maximum call writing with additions to 17900 and 17800 levels, On the lower levels only significant put writing is at 17500 level
2. PCR is 0.9 suggesting Bearish market
3. Max pain at 17800 levels
4. Any kind of support was at 50 ema levels on the daily chart
5. FII - Futures -2000 cr, cash -4000 cr sell, DII 700 cr net buyers
6. US 10 year bond yield at 1.834 +0.007 +0.40%, which has come down from 1.897
7. News: The Fed is widely expected to tighten monetary policy at a much faster pace than expected a month ago to curb continually high inflation.
8. UK inflation figures were up 0.5% m.o.m could pressure bank of england to raise interest rates.
9. Nifty formed Three black crows today confirming the reverse of the bull trend. Three black crows can sometimes mean market is oversold and could consolidate, however RSI(14) is at 50.49.
10. Selling volumes are stronger than purchase volumes which does confirm strength of a sell.
There might be a slight upside tomorrow after three days of selling but the overall trend is still bearish. But the big question is what levels should one short at?
To me it seems a little unclear at the moment, completely depends on price action tomorrow. However long upside especially before the budget is highly highly unlikely. Market may go to 17900 levels which would be a good place to short but at this point just wait for price action to confirm the entry point.
I Will update when I enter the trade.
However, US Dollar seems strong, look at my analysis chart that I have linked with this post to find positions to enter in USD-INR. It seems a better trade looking at the bond yield numbers.
For next week option selling complete Bullish view
after cross 17630 Fib level 0.5
NIFTY BROKEOUT
NIFTY range as per my study
For next week expiry 9-12-21
BELOW OPSTRA STUDY 9 December expiry
SOLD 16850 PE hedge with 16500 PE
SOLD 18000 CE hedge with 18350 CE
Capital 51k Max Return 2% Max loss 32.25% chances of winning 82%
Nifty Futures Key Trading Levels for 26th Nov 2021Nifty Futures Key Trading Levels for 26th Nov 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Futures Key Trading Levels for 25th Nov 2021Nifty Futures Key Trading Levels for 25th Nov 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Futures Key Trading Levels for 24th Nov 2021Nifty Futures Key Trading Levels for 24th Nov 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Futures Key Trading Levels for 23rd Nov 2021Nifty Futures Key Trading Levels for 23rd Nov 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Futures Key Trading Levels for 18th Nov 2021Nifty Futures Key Trading Levels for 18th Nov 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Futures Key Trading Levels for 17th Nov 2021Nifty Futures Key Trading Levels for 17th Nov 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Futures Key Trading Levels for 2nd NOV 2021Nifty Futures Key Trading Levels for 2nd NOV 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Futures Key Trading Levels for 2nd Nov 2021Nifty Futures Key Trading Levels for 2nd Nov 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Futures Key Trading Levels for 29 Oct 2021Nifty Futures Key Trading Levels for 29 Oct 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Nifty Futures Key Trading levels for 7th Oct 2021Nifty Futures Key Trading levels for 7th Oct 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together
Nifty50 Key Support & Resistance for 6th Oct 2021Nifty50 Key Support & Resistance for 6th Oct 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together
Nifty Prediction & Analysis [12 Aug 2021]Nifty50 Prediction and Analysis For Tomorrow
Nifty50 Spot Levels to watch out for trading on 12th Aug 2021
Long Opportunity:
1. Price breaks out of 16295 and retests the level again is a good support to go long
Short Opportunity:
1. If Nifty Opens with a flat note then wait for the upward trendline to break near 16280 and show rejection.
Once broken and the candlestick shows rejection near 16280 levels, then that area will be a good shorting zone.
Visit utube for video explanation
Nifty Intraday Trade Setyp for Wednesday 29th April 2020Good Morning sir's,
Hope you all are doing good. Yesterday was an awesome day and we have made good profit in Nifty.. In today Morning SGX and Onanada both are trading on a flat note in Nifty future so there is chances our nifty will also open a small gap up or Gapdown. yesterday Nifty has closed almost on their resistance. Yesterday move has made Bearish Gartley Pattern Harmonic pattern in 15 minute time frame. I know small time is risky when draw the harmonic but you also need to remember these are fib levels and always be respect...
Key Factors
==============
1- Dow Jones files rose on Tuesday after a string of energetic quarterly reports ..the Dow Jones Industrial Average was up 188.54 focuses
2- Crude oil is still weak
3- Indian rupees stable
4- According to option chain data Nifty range will be 9500 to 9300 for Intraday
Resistance and support and technical view
========================================
Nifty is making a rising wedge in daily time frame which is a bearish breakdown pattern and range is getting smaller and smaller in upside. Nifty major resistance area is 9656-9878 as per my calculation.
Intraday Trade Setup
==========================
Buy : Well buying in future and in options both are risky today because most of chances index will trade in a narrow range today but in case nifty cross 9450 then risky traders can build a long position for 30-50 Points. Today in writers day.
Sell : Intraday support is lower then 9300 and seller must consider this level to open a short Position if nifty break it.
Disclaimer: I am not a SEBI Registered Research Analyst and all the information provided here is for educational purposes Views are shared based on market research and study and personal in nature. Others can take the different view and opinions.
Good Luck and Happy Trading
Virendra Pandey