IS Nifty 50 TRADING NEAR MAKE OR BREAK LEVEL ?????Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please don’t trust me or anyone for trading/investment purpose. Focus on learning how to fish, trust your own skills and please do consult your financial advisor before trading.
Nifty 50 view & possibilities for near future ?
Nifty is trading near make or break level ?
Please do share your views. Many thanks.
Wish you very profitable trades in Nifty
Optionstrading
Nifty levels & strategy for 05/09/2022Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please don’t trust me or anyone for trading/investment purpose. Focus on learning how to fish, trust your own skills and please do consult your financial advisor before trading.
NIFTY
Nifty closed flat & closed by just -3.35 points. PCR shifted from 0.89 (bearish zone) to 0.80 (bearish zone). Trading in Nifty was easy & predictable. Nifty has followed the technical setup and gave opportunities to bulls as well bears and finally closed flat.
Highest open interest on call side at 18000 (Remained at same level)
Highest open interest on put side at 17000 (Remained at same level)
BANK NIFTY
Bank Nifty is up by 120 points. Bank Nifty remained sideways for most of time. PCR shifted up from 0.84 (bearish zone) to 0.91 (bearish zone). Call side OI is daily shifting up & down. Let us see when 38000 will be challenged amid ongoing global issues.
Highest open interest on call side at 39500 (Shifted down from 40000 to 39500)
Highest open interest on put side at 38000 (Remained at same level)
Shall we continue look for sell on rise opportunities near major resistance levels with strict SL? Or
Shall we look for buy on dips opportunities near major support levels till it is trading in a range?
Please do share your comments. Have a very happy, healthy & profitable day ahead!
Bank Nifty Levels & Strategy for 02/Sep/2022Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please don’t trust me or anyone for trading/investment purpose. Focus on learning how to fish, trust your own skills and please do consult your financial advisor before trading.
BANK NIFTY
Bank Nifty is down by -235.5 points. Bank Nifty remained sideways for most of time after initial gap-down & recovery. PCR shifted from 1.54 (overbought zone) to 0.84 (bearish zone). Daily quick swings/sudden changes in OI are making life difficult for option writers.
Highest open interest on call side at 40000 (Shifted down from 41000 to 40000)
Highest open interest on put side at 38000 (Remained at same level)
NIFTY
Nifty is down by -216.5 points. Today, initially Nifty has given chance to bears as well as bulls for making decent profits who worked level by level in disciplined manner. Later, option writers made good money. A perfect day for a trader who understands technical/OI (open interest) changes well. PCR shifted from 1.3 (bullish zone) to 0.89 (bearish zone).
Highest open interest on call side at 18000 (Remained at same level)
Highest open interest on put side at 17000 (Remained at same level)
Shall we look for sell on rise opportunities near major resistance levels with strict SL? Or
Shall we look for buy on dips opportunities near major support levels?
Please do share your comments. Have a very happy, healthy & profitable day ahead!
Nifty Levels & Strategy for 01/09/2022Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please don’t trust me or anyone for trading/investment purpose. Focus on learning how to fish, trust your own skills and please do consult your financial advisor before trading.
NIFTY
Nifty is up by 446 points (simply mind-blowing, mind-boggling rally within a day). Nifty closed near day’s high, above 20 EMA , VWAP levels. One way move without any red candle on 15 min chart is amazing & shocking for majority of the traders like me. Honestly, I didn’t anticipate such a one-way strong rally specially after heavy selling by FIIs just a day before. I had clear negative bias but finally followed the price action and OI data (heavy put writing & short covering in calls) which really helped me trading in the direction of trend. Overall, I was relatively safe as my overnight positions are always hedged. Today, Indian markets are closed and SGX Nifty is down by 300 plus points at this point of time. Now, are we getting ready for a gap-down? Let us see, how it goes tomorrow as situation may get change over-night?
Highest open interest on call side at 18000 (Remained at same level)
Highest open interest on put side at 17000 (Remained at same level)
BANK NIFTY
Bank Nifty is jumped up by 1260 points. Bank Nifty closed near day’s high, above 20 EMA , VWAP levels. Bank Nifty continued moving up after initial gap-up . Surprisingly, there was no retracement. One of the very rare days. PCR at 1.54 is shifted from oversold zone to overbought zone. Bulls got trapped on 29th Aug & Bears got trapped on 30th Aug. Traders can not work with fixed mindset. We should be dynamic and quick enough in working level by level. We need to study & analyse all inputs and follow market price action. Market is supreme. If our view goes right, then ride on profit using TSL else be quick in taking SL. SL should not be kept in mind. Trader should trade with strict SL and SL order should be place within 60 seconds of placing trade order. Risk:Reward ratio of 1:2 should be maintained which will ensure that we will remain profitable even if our 50% decision goes right.
Highest open interest on call side at 41000 (Shifted up from 39500 to 41000)
Highest open interest on put side at 38000 (Remained at same level)
Shall we look for sell on rise opportunities near major resistance levels with strict SL? Or
Shall we look for buy on dips opportunities near major support levels with strict SL?
Friends, your trading decision should be based on data, price action and your own understanding. Don’t let emotions take-over your trust & trading/investment skills. Please do learn how ride on profit using TSL (Trailing stop loss) and timely exit with market SL (stop loss) & not your own SL.
Please do share your comments. Have a very happy, healthy & profitable day ahead!
Bank Nifty Levels & Strategy for 01/09/2022Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please don’t trust me or anyone for trading/investment purpose. Focus on learning how to fish, trust your own skills and please do consult your financial advisor before trading.
BANK NIFTY
Bank Nifty is jumped up by 1260 points. Bank Nifty closed near day’s high, above 20 EMA, VWAP levels. Bank Nifty continued moving up after initial gap-up. Surprisingly, there was no retracement. One of the very rare days. PCR at 1.54 is shifted from oversold zone to overbought zone. Bulls got trapped on 29th Aug & Bears got trapped on 30th Aug. Traders can not work with fixed mindset. We should be dynamic and quick enough in working level by level. We need to study & analyse all inputs and follow market price action. Market is supreme. If our view goes right, then ride on profit using TSL else be quick in taking SL. SL should not be kept in mind. Trader should trade with strict SL and SL order should be place within 60 seconds of placing trade order. Risk:Reward ratio of 1:2 should be maintained which will ensure that we will remain profitable even if our 50% decision goes right.
Highest open interest on call side at 41000 (Shifted up from 39500 to 41000)
Highest open interest on put side at 38000 (Remained at same level)
NIFTY
Nifty is up by 446 points (simply mind-blowing, mind-boggling rally within a day). Nifty closed near day’s high, above 20 EMA, VWAP levels. One way move without any red candle on 15 min chart is amazing & shocking for majority of the traders like me. Honestly, I didn’t anticipate such a one-way strong rally specially after heavy selling by FIIs just a day before. I had clear negative bias but finally followed the price action and OI data (heavy put writing & short covering in calls) which really helped me trading in the direction of trend. Overall, I was relatively safe as my overnight positions are always hedged. Today, Indian markets are closed and SGX Nifty is down by 300 plus points at this point of time. Now, are we getting ready for a gap-down? Let us see, how it goes tomorrow as situation may get change over-night?
Highest open interest on call side at 18000 (Remained at same level)
Highest open interest on put side at 17000 (Remained at same level)
Shall we look for sell on rise opportunities near major resistance levels with strict SL? Or
Shall we look for buy on dips opportunities near major support levels?
Friends, your trading decision should be based on data, price action and your own understanding. Don’t let emotions take-over your trust & trading/investment skills. Please do learn how ride on profit using TSL and timely exit with market SL & not your SL.
Please do share your comments. Have a very happy, healthy & profitable day ahead!
TSLA Bulls holding their groundWe have witnessed the battle that has left this stock range bound. Well the rest of the market has been the same.
Yet TSLA investors showed no extra bias after the TSLA stock split.
Bulls piled up at the $290 mark and managed to hold price from falling further, creating yet another Higher Low
$314 and $324 might be in the Horizon for this stock, yet due to market conditions I would not venture further than that considering it will be pushing up against a dynamic Bearish trend line if it manages to cross the $328 mark.
Just stay sharp.
If TSLA loses that $290 mark then I guess you know.
Nifty Levels & Strategy for 30/08/2022Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please consult your financial advisor before trading.
Global cues are quite negative. FIIs sold in cash as well as F&O contracts by -6000 plus crores. Today also Dow Jones and Nasdaq are trading in red. India VIX has jumped up by 8.83%. Crude started boiling again. US Dollar & US 10Y bond yields are maintaining at quite high level.
Shall continue to look for sell on rise opportunities till global market sentiments remains negative?
Please do share your comments. Have a happy, healthy & profitable day ahead!
Bank Nifty Levels & Strategy for 30/08/2022Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please consult your financial advisor before trading.
Global cues are quite negative. FIIs sold in cash as well as F&O contracts by 6000 plus crores. Today also Dow Jones and Nasdaq are trading in red.
Shall continue to look for sell on rise opportunities till global market sentiments remains negative?
Please do share your comments. Have a happy, healthy & profitable day ahead!
VET is pumping profits LONGVET like OXY is showing a great chart with consistent price action.
Fundamentally, it has had great earnings reports in the past year.
It rates an 8/8 on the Minervini Trend scale showing strength and duration of trend
as very high. Vermillon Energy has been strong in the general market downturn.
I see this as a Swing long setup with a good expectant reward for the risk assumed.
I am considering the call strike $30 option for September 16th.
Bank Nifty Levels & Strategy for 29/08/2022 and new few daysDear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please consult your financial advisor before trading.
Global cues are clearly negative. Dow Jones has closed with sharp cut of 1000 plus points and Nasdaq with 500 plus points based on outcome of Jacksone Hole meeting. Market sentiments became negative.
BANK NIFTY
Bank Nifty is up by 36 points. Bank Nifty closed near day’s low, below 20 EMA, VWAP levels. Bank Nifty trader firmly and sideways throughout the day Last hour sharp selling/volatility gave opportunities to bears as well as bulls. PCR stayed almost at same from 0.66 to 0.67 which is clearly in bearish zone.
Highest open interest on call side at 39500 (Remained at same level)
Highest open interest on put side at 39000 (Remained at same level)
NIFTY
Nifty is up by 36 points. However, Nifty closed near day’s low, below 20 EMA, VWAP levels. Market was stable for most of the day on Friday but we have seen fear & high volatility in last hour. PCR shifted slightly below from 0.76 to 0.73 which is clearly in bearish zone.
Highest open interest on call side at 17700 (Shifted down from 18500 to 17700)
Highest open interest on put side at 17000 (Remained same at 17000)
Shall we expect downward trending market on Monday based on Jackson Hole meeting outcome?
Shall now look for only sell on rise opportunities till global market sentiments remains negative?
Shall we expect decent profit booking after significant one way relief rally which almost became bull run now?
Please do share your comments. Have a nice weekend and wish you happy, healthy & profitable Monday!
Is Bank Nifty getting ready for breakout or breakdown ?Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please consult your financial advisor before trading.
Bank Nifty trading in very narrow range and getting ready for directional move.
OI data indicating weakness. Let us see how it goes.
Nifty levels for 26/08/2022Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please consult your financial advisor before trading.
NIFTY
Nifty is down by -82.5 points. Nifty closed near day’s low, below 20 EMA, VWAP levels. Once again, we had a highly volatile day. PCR shifted below from 0.84 to 0.76 which is still in bearish zone.
Highest open interest on call side at 18500 (Shifted up from 18000 to 18500)
Highest open interest on put side at 17000 (Remained same at 17000)
BANK NIFTY
Bank Nifty is down by -88 points. Bank Nifty closed near day’s low, below 20 EMA, VWAP levels. Once again, we had a highly volatile day. PCR shifted down from 1.08 to 0.66 which is now back in bearish zone.
Highest open interest on call side at 39500 (Shifted down from 40000 to 39500)
Highest open interest on put side at 39000 (Shifted up from 38000 to 39000) – BULLS GOT TRAPPED
Shall we expect trending market tomorrow after Jackson Hole meeting outcome?
Please do share your comments. Have a happy, healthy & profitable day ahead!
Bank Nifty Level for 26/08/2022Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please consult your financial advisor before trading.
BANK NIFTY
Bank Nifty is down by -88 points. Bank Nifty closed near day’s low, below 20 EMA, VWAP levels. Once again, we had a highly volatile day. PCR shifted down from 1.08 to 0.66 which is now back in bearish zone.
Highest open interest on call side at 39500 (Shifted down from 40000 to 39500)
Highest open interest on put side at 39000 (Shifted up from 38000 to 39000) – BULLS GOT TRAPPED
NIFTY
Nifty is down by -82.5 points. Nifty closed near day’s low, below 20 EMA, VWAP levels. Once again, we had a highly volatile day. PCR shifted below from 0.84 to 0.76 which is still in bearish zone.
Highest open interest on call side at 18500 (Shifted up from 18000 to 18500)
Highest open interest on put side at 17000 (Remained same at 17000)
Shall we expect trending market tomorrow after Jackson Hole meeting outcome?
Please do share your comments. Have a happy, healthy & profitable day ahead!
$BIDU going against the grain-RECAP🔸️Ticker Symbol: $BIDU timeframe: 4H 🔸️4X Bull Pattern 🔸️Investment Strategy: Long
TECHNICAL ANALYSIS: This alert was posted last night.. options ran 90% today!!
🔔 Follow for daily stock, crypto and forex technical analysis .
⚠️ Trading is risky, and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. All Inclusive Trading LLC is not a financial advisor and may not be held liable for any losses which may occur.
Nifty Levels for 24/08/2022Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please consult your financial advisor before trading.
NIFTY
Nifty is up by 87 points. Nifty closed above 20 EMA , VWAP level near day’s high. We had a highly volatile day. PCR shifted down from 0.60 to 0.83 which is still in bearish zone.
Highest open interest on call side at 18000 (Same as yesterday)
Highest open interest on put side at 17500 (Shifted up from 17000)
FIIs, DIIs & OTHER PARTICIPANTS DERIVATIVE DATA ANALYSIS:
FIIs ( Bullish ):
FII bought in cash market for 563 crores and bought in derivative market contract for 6510 crores (please do continue to read about whether they bought long positions or short positions). FIIs reduced their index & stock future long contracts & added short positions in index & stock future contracts. FIIs took long positions in index call as put contracts & reduced stock call & put contracts.
DIIs (Mild Bullish ):
DII sold in cash for -215.2 Crores. DIIs have slightly added new positions in Index & stock future contracts. Heavily reduced positions in options contracts.
PRO ( Bearish ):
Pro traders have added short index & stock future contracts. Reduced option contracts in index & stock call contracts. Added option contacts in index & stock put contracts.
CLIENT ( Bearish ):
Retail/ HNI added index & stock future contracts. Significantly reduced their index & stock call option contracts. Added index put contacts & reduced stock put long & short contracts.
Shall we continue to expect high volatility in next few days?
Shall we look for buy on dips or sell on rise opportunities?
Please do share your comments. Have a happy, healthy & profitable day ahead!
SPY Option Setup 4/15 - 4/19The market seems to be heading back into a bullish direction. Im looking for SPY to break $429, if this happens I will enter a Call and will be looking to take profit towards $437. If SPY doesnt break $429 and instead creates new resistance then I will be looking to see if SPY goes back into the $420 - $424 zone. If SPY enters that zone and breaks the $421 support then I will be looking to enter in a Put. If entered in the Put I would look to take profit around $412 - $415. Overall my biased is Long, I'm thinking Bulls are going to continue to take over the market and Calls will be in favor.
TSLA Idea Short Looking for a short-term play on TSLA retracement lower, however, I’m still bullish with projections around the 933.12 level, especially with Tesla unveiling the 3-for-1 stock split which had markets stock up 1.7%.
We will plan accordingly with whatever the market shows us and stick to our trading plans.
SPX (S&P500) - Trendline Support Test - Daily - PotentialSPX ( S&P500 ) is currently testing Trendline Support price above $3737.20.
SPX price could potentially bounce up from trendline support to the price targets above: $3894.86, $4000, $4100.
FOMC Statements & Press Conference policy changes could cause extra volatility this week and month for risk assets.
This would mark the 6th major time the SPX price has tested the lower trendline support line.
However, if trendline support Fails, price could eventually fall down to $3700, $3600, $3500 below.
Utilize stop loss, profit target, position sizing, and risk management.
All content is Not financial advice. Trade at your own risk.