#NIFTY50
We are going to see gap up today and gap is huge . Nifty is going to key resistance 17000 today with gap up.
As harmonic traders , reversal trade is easy to find , for intraday , if nifty is testing 17300 -17250 we can short nifty with SL 17330 .
I wouldnt recommend to buy PE (option) today due to expiry , i would suggest Sell 17300 CE at...
#NIFTY50
nifty has showing postive movementum since last 2 weeks , now structure in nifty daily timeframe also changed ,
based on last week movementum , 17700 has become the support and 17950 is the intermediate resistance .
if 17950 breaks we can see the run till 18200 for the short term .
But today intrday will be tricky , since mostly it will be in...
#NIFTY50
SGX nifty is showing negative opening and we will be having a gap down.
Currently SGX has shown fall from harmonics level of 18000 and now currenlty trading at the hourly support 17800.
2 trade set up can be possible
1. if this support breaks we can see further fall till 17700 - 17650.
Note - 17700-17650 is strong demand zone for today
2....
#NIFTY50
I hope you enjoyed yesterday range market . today we might see the range breakout , which side the breakdown will be difficult to identify
Let wait for following levels
Range high - 17120
Range low - 17000
Change in OI has to be checked in below two strick price
17100
17000
if OI is not changing major chances to be in range
I have attached...
#NIFTY50
I hope you guys had made good money yesterday , today is new day , SGX nifty showing some strength and currently breaking the current downtrend streak , but still sentiment is negative .
Today strategy should be buy in dip since we will have a gap up opening , best entry possible is 16950 -16930 , SL 16900 and possible target can be...
#NIFTY50
Nifty might open flat today , current data of SGX suggest that , nifty stopped making higher high formtion , so 16685 is important level to be looked , if this level is broken then we might see good fall to 16600/16500/16400
to move up nifty needed to break 16930( yesterday high) then we have room till 17050
Best trades for today
below 16685 -...
Yesterday we have seen a good fall after the breakdown of important support , and sentiment is still negative. But as we know for every swing low there will be always a swing high
Considering this , we will be seeing a good recovery today from harmonics levels but the sentiment is negative , we wil be seeing very dirty swings in uptrend , option buyers keep...
#NIFTY50
today we might see gap down as per SGX nifty data suggest , intraday postion will be very tricky to tell in pre market .
But 17000 -16950 is high resistance zone for today intrday day , if you get nifty in opening 30 min you can create a short postion with 17130 as SL , you will get good RR
or wait for market to create a range then build your...
Nifty last trading session has shown good fall from 17500 , which means nifty is not ready to change the swing , and in daily time-frame it has shown drak cloud pattern .
low of the friday candle will be crutial for us , breaking the candle low will allow nifty to fall further , if low dont break , then we will see the sideways trend.
Today range - 17350 -...
Bajaj auto in in correction phase and it is healty for the price movment further upide
Bajaj auto current demad zone stands at 3000-2900 , you can buy in this area with SL of 2600 you can consider target of 4000/5000/6000
Nifty after our market closing has tested a new swing high 17500 , for today , this will act as resistance , since yesterday it has break 17300 resistance , it will act as support. I am expecting market will be in range
Range high -17500
Range low - 17300
Trade set up Sell the range till we get the direction
if 17500 breaks we have possibilites to test...
Today is expiry , so marjorly day for option sellers , since time decay is there friend
Coming back to bank nifty trade set up , banknifty is moving up since setiment is very berish we are seeing that candles are very messy , we are seeing big red candles and we are seeing even market is going up we are not able to make much profit in option buying .
today...
In first hr , if we see breakout of 17180 then we can see target til 17270
From 17270 you can build short with 17300 as SL target 17170/16900/16800
if breakout not done then sell the range 17200 and 16900 when you see trading at 17000
if 16900 breaks you can short for target of 16850/16800
