Nifty Levels & Strategy for 20/Oct/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 started on an excellent note. Later, profit booking brought it down and finally Nifty closed flat & only 25 points up. FIIs who were buying from last few days has suddenly turned bearish as retail traders started showing buying interest. Both are working mostly in opposite directions. Big players have access to retail traders data and they are positioning accordingly therefore majority of the retail trader should work very carefully and focus more on learning. Today, US market has trading in red. Retail traders should wait for good quality opportunities.
NIFTY SCORECARD DATED 19/OCT/2022
NIFTY IS UP BY 25 POINTS
Name Price Previous Day Change % Change
Nifty 17512 17487 25.30 0.14%
India VIX 17.49 17.45 0.03 0.20%
OPTION STATISTICS BASED ON 20/OCT/2022 EXPIRY DATA
Max OI (Calls) 17600 (Open Interest: 8788800, CE LTP: 28)
Max OI (Puts) 17000 (Open Interest: 8095750, PE LTP: 1.9)
PCR 1.01 (PCR is in sideways 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:Long Liquidation
Tomorrow's expiry is likely to be volatile. Bulls as well as Bears are likely to get decent profit making opportunities. What should we do? Shall we buy on dips & sell on rise with strict SL in case we get good tradesetup. Yes, I think so. What are your thoughts?
Niftyfutures
Nifty Levels & Strategy for 19/Oct/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
Bullish run continued in Nifty . F&O data clearly indicating that Nifty trend is looking positive. Today, we have noticed heavy short covering in ITM calls and long positions were added in ATM calls. FIIs continued with their buying in F&O. Today FIIs & DIIs have significantly reduced the bearish positions. US market is also trading in green. Shall we look for buy on dips near major support levels if you get good trading setup ????? Yes, I think so. What do you think?????
NIFTY SCORECARD DATED 18/OCT/2022
NIFTY IS UP BY 175 POINTS
Name Price Previous Day Change % Change
Nifty 17487 17312 175.15 1.01%
India VIX 17.45 18.42 -0.97 -5.24%
OPTION STATISTICS BASED ON 20/OCT/2022 EXPIRY DATA
Max OI (Calls) 17500 (Open Interest: 8105000, CE LTP: 84)
Max OI (Puts) 17000 (Open Interest: 8038550, PE LTP: 6.4)
PCR 1.13 (PCR is in buying Zone)
Nifty Calls:
ATM: Long Buildup, OTM:Long Buildup, ITM:Short Covering, FAR OTM:
Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Long Liquidation
Nifty Levels & Strategy for 12/Oct/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 slide down. Today, again traders got buy on dips & sell on rise opportunities. Today also FIIs continued with their heavy selling in cash as well as F&O segments. Trader who traded patiently and waited for right trade setup then working level by level based on technical indicators were profitable today. (e.g. Breakdown trade below VWAP in 12:15pm candle worked really well).
Today US markets are trading in green. Let us hope for a pull back from lower levels. If FIIs/Big players do profit booking at lower levels then Indian indices will jump up in no time & bears may get trapped easily. Retail traders should trade only in monthly options with strict SL.
Shall we continue with sell on rise near resistance levels and buy on dips near major support levels????? Yes, I think so. What do you think?????
NIFTY SCORECARD DATED 11/OCT/2022
NIFTY IS DOWN BY -257 POINTS
Name Price Previous Day Change % Change
Nifty 16984 17241 -257.45 -1.49%
India VIX 20.49 19.62 0.87 4.42%
OPTION STATISTICS BASED ON 13/OCT/2022 EXPIRY DATA
Max OI (Calls) 17200 (Open Interest: 8991500, CE LTP: 35.5)
Max OI (Puts) 16000 (Open Interest: 5110100, PE LTP: 1.05)
PCR 0.52 (PCR is in highly oversold zone)
Nifty Calls:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
Nifty Puts:
ATM: Short Covering, OTM:Long Buildup, ITM:Short Covering, FAR OTM:Short Covering
Please do share your comments. Let us work & win together. Have a very happy, healthy & profitable day ahead!
Nifty Levels & Strategy for 10/Oct/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 closed almost flat (-17 points) in red zone. FIIs as well as DIIs have added plenty of bearish positions in F&O. US market closed in red. Dow Jones (-630), Nasdaq (-446). We are all set for the gap-down on Monday. Global cues & overall trend has turned negative. Is sell on rise going to be better strategy for Monday trades with strict SL? Yes, I think so, What do your thoughts?
NIFTY SCORECARD DATED 07/OCT/2022
NIFTY IS DOWN BY -17 POINTS
Name Price Previous Day Change % Change
Nifty 17315 17332 -17.15 -0.10%
India VIX 18.81 19.32 -0.50 -2.60%
OPTION STATISTICS BASED ON 13/OCT/2022 EXPIRY DATA
Max OI (Calls) 18000 (Open Interest: 7713450, CE LTP: 2.45)
Max OI (Puts) 17000 (Open Interest: 4349600, PE LTP: 39.85)
PCR 0.77 (PCR is in bearish zone)
Nifty Calls:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Long Buildup, FAR OTM:Short Buildup
Please do share your comments. Let us work & win together. Have a very happy, healthy & profitable day ahead!
NiftyFutures Key Trading Levels for 22nd Sept 2022NiftyFutures Key Trading Levels for 22nd Sept 2022
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.
NiftyBank Futures Key Trading Levels for 19th Sept 2022 NiftyBank Futures Key Trading Levels for 19th Sept 2022
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.
NiftyFutures Key Trading Levels for 16th Sept 2022NiftyFutures Key Trading Levels for 16th Sept 2022
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 Trade setup Idea - 15 september 2022Nifty looks a little weaker compared to Banknifty, based on the fall in price towards the end of the trading day yesterday.
We will wait for a day to trade Nifty, so that nifty breaks the range of 18060-17020. The market might mostly be trading within this range today.
I would skip Nifty if it is within this range today and just trade banknifty.
NiftyFutures Key Trading Levels for 15th Sept 2022 ExpiryNiftyFutures Key Trading Levels for 15th Sept 2022 Expiry
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.
NifyFutures Key Trading Levels for 14th Sept 2022NiftyFutures Key Trading Levels for 14th Sept 2022
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 Trade setup Idea - 14 september 2022Similar to Banknifty, Nifty would also have a massive gap down(300 points) today due to global data.
I would wait for the first 15 mins candle to show me the direction on whether to go long or short. I still think 17800 is a good level where Nifty should hold.
Considering that the global markets are in the process of recovering from the massive drop yesterday, we might hold 17800 and move higher eventually.
NiftyFutures Key Trading Levels for 13th Sept 2022NiftyFutures Key Trading Levels for 13th Sept 2022
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 Trade setup Idea - 13 september 2022Similar to Banknifty, Nifty was also trading in a range after the initial spike. It was not able to break 17980 in the up side and 17920 in the down side.
My Plan:
- Today it would interesting for option buyers, since we would see either a breakout or breakdown above 18000 or below 17900 levels.
- I would only look to trade if one of these levels are breached.
- If there is a huge gapup, then there would be volatility in the market. Lot of profit booking might take place.
- If there is a huge gap down, then we might see panic in the market causing the market to fall futher.
NiftyFutures Key Trading Levels for 12th Sept 2022NiftyFutures Key Trading Levels for 12th Sept 2022
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.
NiftyFutures Key Trading Levels for 9th Sept 2022NiftyFutures Key Trading Levels for 9th Sept 2022
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.
NiftyFutures Key Trading Levels for 8th Sept 2022 Weekly ExpiryNiftyFutures Key Trading Levels for 8th Sept 2022 Weekly Expiry
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.
NiftyFutures Key Trading Levels for 7th Sept 2022 NiftyFutures Key Trading Levels for 7th Sept 2022
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.
NiftyFutures Key Trading Levels for 6th Sept 2022NiftyFutures Key Trading Levels for 6th Sept 2022
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.
NiftyFutures Key Trading Levels for 5th Sept 2022NiftyFutures Key Trading Levels for 5th Sept 2022.
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.
NiftyFutures Key Trading Levels for 2nd Sept 2022NiftyFutures Key Trading Levels for 2nd Sept 2022
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.