Nifty has been in a downtrend for the past few months due to a variety of factors like FII Selling, Geopolitical Tensions etc. So even though overall trend looks negative. As the problems looks to ease across the globe. Nifty50 has rallied from the bottom and is looking to breakout. This is the only hope for bulls to stay dalal Street and the market to gain some...
Below 111 104-107 very possible intraday, 102.5 is HUGE level would roll up profits for a swing to downside (puts) Not financial advice just saying if it were me, I would take the 105 P from 111 -> 104-107 & if 102.5 is taken out & market pushing down then would roll up into next week 95 P market & $ROKU need to be pushing down
Below 415 410-412 possible very fast, very big key level there, do i hear 385-395 next week? idk.... would not be long right now, just zoom out on any daily chart, could change if news gets more positive but doubt it, who knows tho #daytrading #options #optionstrading #stockmarket
2 potential short entries (thru puts, i trade options) 188 & 186.15, 188 higher risk higher reward & 186.15 lower risk lower reward, so a trade off but if in from 188 then 182-185 for intraday target very reasonable, 180-183 target for 186.15 (entry short), well for me i (not finanical advice just my thoughts) would take the 185 P 188 -> 180-185 & possibly roll...
below 213*** 204-208 target, 206.5 VERY key level, if breaks & momentum( (volume & selling pressure) there then 198-201 very possible if it was me (not advice just my thoughts) i would take the 205 P for 213 -> 204-208 & MAYBE roll up portion of profits if breaks 200 & market weak to the 185 P next week but thats me lol you got to trade your plan ***=(with failed...
below 814*** 784-798 target if can take 782, 750 is possible very fast ***=(with failed test to try to get over + market pushing down) if it was me (not advice just my thoughts) i would take the 800 P for 814 -> 784-798 & roll up portion of profits if breaks 782 to the 750 P but thats me lol you got to trade your plan #daytrading #optionstrading #options...
CCJ daily candle closed pretty bearish today, and looking at the two upper resistance lines, I'm favoring the downside trade after taking small gains on my longs. An idea would be to go short with MARC 23 puts. First target is the 20day MA (blue line) , a break lower there and I'd be targeting the trendline support (black line)
GDX weekly nice chart with Triangle breakout and volume increasing with MACD opening up all implying more room to the upside. I'm in April 35/40 debit spreads and looking for 40 as the first price target. XME (metals) Gold Silver all appear to be ready to make a bull run, keep these on your watchlist especially with some weakness still in the equities market.
as we can see we are in a fully uncertain market where anything can happen within seconds. in this kind of market, the best thing to do is maintain your risk&reward ratio in order to become successful in these types of markets.
Gold and miners might be finally ready to make a run with a nice breakout of resistance line here. MACD showing bullish confluence and 9/20 moving average cross I'm long april 35/40 debit spreads
BTU nice run here although recent offering news caused a quick sell off that was bought right up . Technically was just a retrace to the 20MA and bounce, forming a cup and handle like pattern $19.8 zone has been heavy resistance if you're not already in this trade, watch for a short opportunity (rejection) or long (breakout) at this pivot point. Own tennis...
Went long starter on ARLP shares and APR 15 Calls seeing some volume. Nice breakout of falling wedge looking for $15.8 / $16 zone in coming month Stop loss $13
Seeing active call buying in the 210 strike at ask, technically a nice cup and handle breakout with a retest, now lets see if we get a bounce , I assume that's what the whale trader is speculating on. I can see 220 as upside target next few weeks so long as the 9ema holds (purple line) I went long APR 210 calls
I like the idea of going long CCJ April 26 calls or a 26/28 debit spread with more time. Uranium bulls have defended the trendline support and nice volume with technical indicators and moving averages implying more upside on a strong day already today. Stop is below 20 day moving average (black line).
time to close puts and expect a sharp bounce for c3/2. For this week buying calls will be a good Idea
over 323.5 327-330 possible under 312 305-308 possible #intradayoptionstrading #daytrading NO bias, plan for red or green day. chop/ranging = hand sitting
over 206 210-213 possible under 200 193-196 possible #intradayoptionstrading #daytrading NO bias, plan for red or green day. chop/ranging = hand sitting
over 242 247-251 possible under 230 221-225 possible #intradayoptionstrading #daytrading NO bias, plan for red or green day. chop/ranging = hand sitting