Overview:
Similar to NIFTY, BANKNIFTY exhibited a strong recovery from lower levels in the previous trading session, closing above a key resistance zone. Today's plan examines potential scenarios post-initial relief rally.
Gap Up Opening:
If BANKNIFTY opens with a gap above 47950, anticipate sideways movement between 48109-47977. A drop below 47950, followed by...
Overview:
Yesterday's trading session saw NIFTY edging towards a recovery from the lower levels, with prices closing just above a significant resistance zone. Today's plan hinges on whether this rally will sustain or if profit booking will dominate.
Gap Up Opening:
If NIFTY opens with a gap above 22175, look for it to find support in the range of 22153-22175. In...
Cardio Diagnostics Holdings Inc. (NASDAQ: CDIO) is presenting an intriguing technical setup, characterized by a potential bullish reversal pattern amidst an overall bearish trend. An analysis of various technical indicators and chart patterns suggests an opportunity for both long and short positions, contingent on specific price movements and indicators.
The...
AMC looks like it will go onto a gap-filling rampage over the coming weeks and months.
I have highlighted all gaps (red lines) that need to be filled from $3.00 to $37.00.
I would expect AMC to get to hit anywhere between $6-9.36 before a reversal back to $3.00 then a new bull run.
Long term Trendline : it appears both NYSE:GME and NYSE:AMC have broken...
... for a 2.23 credit.
Comments: A small engagement trade in the semiconductor ETF (31.5% 30-Day IV).
Going somewhat wide here with the deltas, with the short option legs camped out at 16 delta on both sides. I generally like to collect one-third the width of the wings in credit for these, but am going a little more long-dated than usual, so want to give it...
Start your week by identifying the key price levels and trends.
The SpreadEx Research team has analysed the most popular markets, including stocks, indices, commodities & forex.
*KEY
Trend direction is set by the slope of the VWAP
Trend phase is determined by the current price relative to the VWAP (20) level and Elliot waves
Support & Resistance are set by the...
... for a 39.64 debit.
Comments: After taking off my 44 monied for a small profit, re-upping with a setup in the same expiry, but with a better break even. Selling the -75 call against a one lot of stock to emulate the delta metrics of a 25 delta short put, but with built-in short call defense.
Metrics:
Buying Power Effect/Break Even: 39.64
Max Profit:...
... for a 43.00 debit.
Comments: High IVR/IV at 52.7/38.7.
Going monied here, buying a Johnny one lot and selling the -75 delta call against to emulate the delta metrics of a 25 delta short put to take advantage of elevated IV on the call side and to have built-in position defense via the short call. This is slightly shorter duration than I like to go (39...
Hey Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.36500 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.36500 support and resistance area.
Trade safe, Joe.
Hey Traders, in tomorrow's trading session we are monitoring XAUUSD for a buying opportunity around 2325 zone, Gold is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 2325 support and resistance area.
Trade safe, Joe.
The Asian indices got off to a strong start today. The Hang Seng Index (Ticker AT: HKIND) has broken out of the long-running downtrend channel in the direction of 9-month old price zones. Stocks returned to 15-month highs today as the Fed cut numbers may help or halt the market's evolution. Today we have as we said releases from the Vice Chairman and the President...
Hey Traders, in today's trading session we are monitoring EURNZD for a selling opportunity around 1.79900 zone, EURNZD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.79900 support and resistance area.
Trade safe, Joe.
This is a second-layer blockchain with massive potential! 10% of the company was snapped up for $10 million even before trading began! The whale linear vesting is set for two years, so it won't put too much pressure on the price. Looking ahead, we could see growth of 10-15x. The project is being managed by former top-tier managers and ceo from tier 1- 2 exchanges.
Hey, folks, listen up! There's an awesome chance to hop on board this project at a sweet discount! The local bottom is practically waving at us. Time to make moves and seize the opportunity! 🚀😎
Hey, folks, listen up! There's an awesome chance! The local bottom is practically waving at us. Time to make moves and seize the opportunity! Ada to the moon🚀😎 You know what? I've got a feeling the big market makers are gonna start pumping soon! 📈🚀DYOR
This is one of the strongest and most promising projects out there, poised for significant growth in the very near future! We're at a local bottom, backed by a solid support zone. It's a buy zone, folks! Don't sell, buy more! 🚀💪
Pay attention to this powerhouse project! Our community started investing when the price was as low as 60 cents. We've got plenty of insider information about burning a portion of the supply and extending investor lockups for a year! That means the project will have an extremely low market capitalization for a whole year. The team is really putting in the work,...
