kIRANANGARKAR

kIRANANGARKAR

Looks like a inverted head and shoulder in making. Sustaining above 22150 & 22200 can lead to 22650. A new ATH coming soon ? Trade on your own risk. The below idea is for educational purposes.

kIRANANGARKAR

If tomorrow's closing price falls below 21700, there is a direct trajectory towards 21460. Please examine the 21500 PE Contract expiring on 15th February; it exhibits an inverted head and shoulders pattern on the 5-minute time frame. Remember to engage in trading activities based on your individual risk tolerance. It is advisable to adopt a bullish stance only if...

kIRANANGARKAR

In the upcoming week, a cautious outlook is warranted for Nifty 50 as we have witnessed a substantial rally thus far. The pivotal level to monitor is 21475, where a sustained breach could pave the way for a significant downward momentum. Conversely, a bullish scenario would require Nifty to establish itself above 21675, potentially leading to an upswing with a...

kIRANANGARKAR

Hello Traders, Hope you're well. Today, buying options, especially Puts, was tough as the market made three peaks and premium prices dropped fast. Even if you were right about the direction, it was hard to hold onto your trade. Earlier, we pointed out that 19,230 was a good buying area, and it turned out right. We saw a 350-point rise from there. Many expected...

kIRANANGARKAR

Hello Traders, Today was challenging, with an expiry that wasn't particularly straightforward. I had initially planned to buy over 19232 with a stop loss of 10 points. However, as the market approached this level towards the close, it didn't seem like an attractive buy to me. Here's my analysis for the upcoming days: Nifty 50: Buy Recommendation: Consider...

kIRANANGARKAR

Noticing a recurring pattern before major moves." "Highlighted areas show potential support and resistance levels." Not SEBI Registered. Please trade on your own rish