Pin Point Predictions Of Nifty For 1-12-22Hello Traders,
This post was created yesterday with complete predictions in form of marking and trade idea. You can see the accuracy of marking . If want to more in detail about tomorrow trade direction and set up then can check below. My bit is to make your trading easy.
Yogesh Vats
Niftyview
Nifty Levels & Strategy for 30/Nov/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
NIFTY
Congratulation Nifty traders. Finally, Nifty hit the new lifetime high & we have seen highest ever closing. Nifty opened flat & completely ignore the global market cues. Profit booking was obvious from new lifetime high but Nifty closed above 50 EMA on 15min chart. FII are buying in cash but they adding bearish positions in F&O, Pro traders are also adding bearish positions in F&O. Big players are clearly managing index at higher level. What will happen when FIIs/Pro start selling in cash????? Market may correct very sharply. Retail traders are taking things for granted. VIX is low but it may rise in no time.
Why US market corrected yesterday? Fear of another US FED hike in Dec. This time RBI may have no choice but to go ahead with hike therefore we need to be careful in coming days & work level by level. Gujrat election results may also affect market. OPEC is getting ready for another OIL production cut. OPEC want to manage crude price at higher levels. We should follow trend (buy on dips) but avoid, stay away from buying euphoria & continue to book profit at higher levels. There is no harm is ignoring the last leg of rally.
Please find below scorecard, PCR update & options statistics for your reference:
NIFTY SCORECARD DATED 29/NOV/2022
NIFTY IS UP BY 55 POINTS
Name Price Previous Day Change % Change
Nifty 18618 18563 55.30 0.30%
India VIX 13.62 13.57 0.05 0.37%
OPTION STATISTICS BASED ON 01/DEC/2022 EXPIRY DATA
Max OI (Calls) 19000 (Open Interest: 7732900, CE LTP: 1.65)
Max OI (Puts) 18500 (Open Interest: 10184950, PE LTP: 23.75)
PCR 1.22 (PCR is in buying Zone)
Nifty Calls:
ATM: Long Liquidation, OTM:Short Buildup, ITM:Short Covering, FAR OTM:Long Liquidation
Nifty Puts:
ATM: Short Buildup, OTM:Long Liquidation, ITM:Short Buildup, FAR OTM:Short Buildup
Pin Point predictions Of Nifty For 30-11-22Hello traders,
This post shows the marking Prediction done for today's trading. You can see price reacted on the se marked levels. For detailed analysis to understand with my prediction for tomorrow , can check it below. This will definitely make your trading easy.
Nifty Levels & Strategy for 29/Nov/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
NIFTY
Once again gap-down was bought (heavy put writing) instantly amid global issues. Nifty took support at 100 EMA on 15min chart. Later Nifty moved up & almost touched the lifetime high. Evening star (negative pattern) worked perfectly & profit booking near all time high was quite obvious. Short covering in calls shows mild bullishness in Nifty. Who is making money????? As usual, option writers are really making good money.
Avoid buying euphoria amid ongoing global issues near lifetime high, retails traders should continue wait patiently for good trade setup for identifying buying/selling opportunities. Retail traders must hedge their overnight positions. Right now US markets are trading in red. Please review the data in morning & before finalizing your trading plan. Please find below scorecard, PCR update & options statistics for your reference:
NIFTY SCORECARD DATED 28/NOV/2022
NIFTY IS UP BY 50 POINTS
Name Price Previous Day Change % Change
Nifty 18563 18513 50.00 0.27%
India VIX 13.57 13.33 0.23 1.74%
OPTION STATISTICS BASED ON 01/DEC/2022 EXPIRY DATA
Max OI (Calls) 19000 (Open Interest: 7775300, CE LTP: 2.25)
Max OI (Puts) 18500 (Open Interest: 10581700, PE LTP: 49)
PCR 1.21 (PCR is in buying Zone)
Nifty Calls:
ATM: Short Covering, OTM:Short Buildup, ITM:Short Covering, FAR OTM:Long Liquidation
Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
Nifty Key Levels and Zones For Intraday [28th Nov 2022]Long opportunity above 18535 or 18450
Shorting opportunity below 18520 for the risky traders as Nifty is extremely for the time being. Keep tight stop loss
Strong buying zone is at around 18400.
Look for price rejection like Hammer or Shooting Star near the support and resistance area and then enter into a trade.
View is for intraday only
Nifty Kel Levels and Zones For Intraday [25th Nov 2022]Nifty today runs a lot. What an expiry!
For tomorrow, Nifty may pause and take support near 18440, and 18400. Buy on dips strategy must be adopted as the short-term trend is bullish.
Strong support is at around 18330 labels.
A break of 18300 will signify a trend reversal. So, Nifty will remain bullish above 18300.
The view is entirely for scalping or intraday trading only.
Pin Point Prediction Of Nifty For 24-11-22Hello Traders,
Three days back this marking of nifty shared for trades. You can see how exact information was shared , price action on these levels speaks itself. To know more details check below. This way you will find your trading easy and well informed before any move.
Yogesh vats
Nifty Levels & Strategy for 23/Nov/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
NIFTY
Nifty continued to trade in small range. Big players have significantly reduced their long as well as short positions. F&O action - new longs & short covering in calls & put writing (ATM/OTM) is indicating mild strength in Nifty . Overall, Bulls Vs Bears positions with positive bias are pretty much balanced with highest OI in CE (18300) & PE (18200). However, we should continue to book profit at higher level.
Please find below scorecard, PCR update & options statistics for your reference:
NIFTY SCORECARD DATED 22/NOV/2022
NIFTY IS UP BY 84 POINTS
Name Price Previous Day Change % Change
Nifty 18244 18160 84.25 0.46%
India VIX 13.84 14.80 -0.95 -6.45%
OPTION STATISTICS BASED ON 24/NOV/2022 EXPIRY DATA
Max OI (Calls) 18300 (Open Interest: 10665950, CE LTP: 52.55)
Max OI (Puts) 18200 (Open Interest: 9299850, PE LTP: 27.55)
PCR 0.86 (PCR is in bearish zone)
Nifty Calls:
ATM: Long Buildup, OTM:Long Liquidation, ITM:Short Covering, FAR OTM:Long Liquidation
Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Long Liquidation, FAR OTM:Long Liquidation
NIFTY FOR TOMMOROW - 03-Nov- 2022Nifty closed at 18082.
Opens Gap up
Open high almost the same
Closed near day's low
Formed Dark Cloud Cover Candle.
Daily chart support @ 17940 -17950
Immediate support @ 18060-18070
Intraday resistance for tomorrow @ 18100-18080
What's for tomorrow
Opening below or resisting 18100-18090 , nifty can move towards 17960-17940
17650 - 17800 is a consolidation zone Clearly the Index is moving in a HH pattern and taking support in the lower trend line. since last 2 days index is trading in a range of 150 points where sellers trying hard to push the index down, instead of positive global cues index closing lower after opening at higher levels but unable to break the range hence its creating a range which may act as strong support if index sustains above 17800.
Resistance - 17915, 18k,
Support - 17650, 17500