Whats The Plan/Trade/Thought Signet Jewelers is a retailer of diamond jewellery. With the concerns of the recession, the cooling signs of the job market, layoffs in tech and the overall retail leadership cautiousness during the earnings. I think this is the right direction especially since it is following the larger market direction US retail sales also...
Whats The Plan/Trade/Thought Selling Calls on the VIXY goes against my market stance. But it has a good distance of 34.35% away from strike. Price action is ranging with the past volatility VIXY’s peak has still been below 24.65. Risk Mitigation There is a S&R lines at 24 There will be volatility and as such I have only purchased a small amount with a...
Whats The Plan/Trade/Thought Airlines are doing well with the travel surge, but they are throttling this growth as their operations are unable to handle the demand and the macro economics Flight delays and cancellations have battered the US industry this year as consumers starved for travel during the pandemic have forked over higher fares and crammed onto...
Nifty as a days being verry volatile diffcult to tame. The traders who are playing expiry definately will face some difficulties moreover due to IV you will observe that option premiums are not decaying as they supposed to do. Today expecting Nifty to get opened arround 100 points below yesterday 17877 levels. In short GAPDOWN.
Today we see Banknifty in range . For us tommorow view was very clear by following today's chart . Buy banknifty only above the level we give to you bcz these level was major resistance in banknifty Buy banknifty above 40688 Target 40754 40836 40947 Sl 40515...if market open with gap up then buy it according to our level and if it open above our level thn 41040...
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...
This is the 2nd installment of “The Great Wall Street Repricing” series. The price of a commodity is determined by the interaction between the demand and supply of its market. This year, such interaction acts like a Tug of War. On the one hand, tight supply pushes commodity price upward; on the other hand, weak demand pulls the price back down. Commodity prices...
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. Global cues are quite negative. FIIs sold in cash as well as F&O contracts by 6000 plus crores. Today...
Looking at the FUTU Holdings options chain, i would buy the $60 strike price Calls with 2022-10-21 expiration date for about $2.11 premium. Looking forward to read your opinion about it.
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 Bank Nifty is down by -88 points. Bank Nifty closed near day’s low, below 20 EMA, VWAP levels....
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. NIFTY Nifty is up by 87 points. Nifty closed above 20 EMA , VWAP level near day’s high. We had a highly...
Looking at the WDAY Workday options chain, i would buy the $150 strike price Puts with 2022-9-16 expiration date for about $5.40 premium. Looking forward to read your opinion about it.
---------------Ticker: $XOM ----------------------Time Frame : 4H ------------------------------ Investment Strategy: Long Trend is broken and retested the trend(Support) and rejected. Trendsi Confirmation of Green Dot and Green line gives me full confidence, we can see XOM 97 very soon. Follow for daily stock, crypto and forex technical analysis. ⚠️ Trading...
M Consumer spending is the chief concern for retailers, but the market is mixed. Home Depot (HD) and Walmart (WMT) are continuing to post gains while Target (TGT) slides due to inventory surplus on clothing and high-ticket items. Macy’s hasn’t missed a beat since the 2020 lows, recovering more than 30% of its previous share price. We don’t know where the price...
Looking at the HD The Home Depot options chain, i would buy the $300 strike price Puts with 2022-8-19 expiration date for about $2.80 premium. Looking forward to read your opinion about it.
NASDAQ:WIX ------- All, Been AFK for quite a while didn't trade much since December just converted to cash after a few medium L's around Jan. **I think an obvious disclaimer here is this is contingent on the market/war/fed data not being bad after this. Too fragile right now. On this one I think we have a really good Supply/Demand area and possible...
Nifty as per global cues going to open GAP UP straight away in 17700 zone and we have resisantce at 17900 levels " I am currently bullish and holding my Bull Call Spread " and when we reach at resistance level will look to impliment" Bear Put Spread "strauight away in the zone. I had also sold 500 quantities of 16800 PE of this expiry on monday which i am going...
Looking at the GOEV Canoo options chain, i would buy the $5 strike price calls with 2022-9-2 expiration date for about $0.18 premium. Looking forward to read your opinion about it.