BTC heading towards 102500 and then sideways mostly. Hopefully no rejection in 100k
Indian Option Trader be very careful with ATM and OTM. There is very less chance of making money. ITM is more safe as what you see in Future the same movement will not be seen in ATM and OTM but ITM it will be more likely in the same manner. For Eg- If you plot SAME Moving average in Option Chart ATM/OTM and the same MA in Nifty Future, you will see candle Future...
BTC moving up slowly bet carefully in longer time frame. Any downward should be temporary. Draw regression in 4 hour time frame for greater clarity on movement and breakout. Careful with fake breakout as i have seen BTC is the most fake breakout asset.
BTC going back to 91700. Long hope is gone for time being.
All Nifty 50 Option trader be very very careful while getting into Trade. Nifty 50 is making bigger moves but Gift nifty is not moving equivalent to the movement of Nifty 50, so when you enter trade looking at nifty 50 high chances of you are entering the Option Strike at wrong price. Option moves based on Gift Nifty and not Nifty 50 chart.
Hi BTC Trader, Can someone explain what happened with this huge move in BTC in half hour time. I am not getting any news that can such a huge impact.
Is BTC taken U turn and heading towards 98k. Careful at 94200 resistance
BTC has taken resistance as I shared in previous publish and now possibly going back to 90k.
Hope to see BTC to reach at his next resistance 94200 as no major blocks in between.
BTC go long only after approx 90800 resitance breaks and retrace. 3 resistance is standing to welcome Bulls.
High possibility we can take long position if nifty 50 crosses 24350 and retrace it back and take support at around 24300 to 24350 and bounce. Assuming high possibility nifty reaching 28k after this resistance.
Gift Nifty showing resistance in weekly chart. Avoid making new long position until 24110. Even after that please look watch as it might be a fake breakout too.
Be careful with nifty 50 up move dont think it a bull move market might fall again as per the trendline shown . only above 26200 market looks strong upward
As drawn in chart the 2 most beautiful support for nifty50 is yet to be reached so dont be positive for nifty 50 yet. This is the chart of Gift Nifty and at the 1st Green support invest 25% of you funds and the 2nd green invest rest of the funds. Till then don't be bullish at all.
Delta Exchange has a pretty fake movement which doesnt respect the support zone which trading view shows. Please be very very careful and also request Authorities to take action on this. I think most of the traders who trades in support zone will have a huge loss as it will hit the stop loss or panic exit .
Market are run by consumer. If there is no demand there will be no supply. Demand happens when salaried employees have some surplus. The decision to keep a 12 lakh no tax limit is best for banks as reason being people will have more money to repay the loans they have defaulted. People will be ready to borrow some money and try there own business in small scale as...
Expecting nifty50 to reach 23630 and then reverse sharply from there as FII will not stop selling for next 1 week atleast.
My prediction,Nifty 50 will be wither side ways or upward but will no close below 23170. Retail investor who are buying put option this week be really careful.