vigneshwaraj

vigneshwaraj

Moving average crossover and violation of nreaby support confirms the bearishness. Expecting the bank index to expire below 25300 next week. Recommend to sell 25300 call @80 & Buy 26300 call @ 16 of 05Nov2020 contract.

vigneshwaraj

Trend continued to be bearish as 20 day EMA hovers below 50 day EMA. Recently price not able to hold its head above 20 day EMA and headed below 20 day EMA. Expecting bank nifty would expire below the recent high. Option traders can sell 21200 call @74 and buy 21800 capp @ 20. Lot size. 20. Max profit of Rs.1080/-(in 3 holding period) if expires below 21200 level.

vigneshwaraj

Trend continued to be negative as 20 day EMA stays below 50 day EMA. Recently found a reversal below 38% retracement level. Expect it would expire below 3700 level in Apr series. Sell 3700 Call.

vigneshwaraj

Recent crossover above 200 day EMA along with bullish sign from MACD would keep the price to float above 500 level. Suggest sell 500 Put Mar @ 3. Lot Size: 1000

vigneshwaraj Updated 

Bullish trend confirmed by EMA. And recent consolidation would help the price to stay above the gap formed on 30 Jan 2019. Sell Feb 660 Put @ 1. Lot size: 1200.

vigneshwaraj Updated 

Expect it would expire above support of 710 where EMA and support line hovers. Suggest to sell 710 put Feb @ 1. Lot size: 1200.

vigneshwaraj Updated 

After a fall following latest quarterly result, it hovers near long term support. Expect the price would stay above 110 for Feb series.

vigneshwaraj Updated 

EMA crossover and MACD confirms that trend is continue to be under bears control. Expect this expiry would be below 2040 level.

vigneshwaraj

Expect the trend would continue to be under pressure as it reaching 50day EMA which acted as strong resistance in the last two times. Expect it would expire below 80 level.

vigneshwaraj

Moving average crossover signals bullishness. Expect this series expiry would above 290.

vigneshwaraj

EMA and recent gap down confirms trend turn to bearish note. Expect Oct expiry would below 640.

vigneshwaraj

Recent fall following bearish engulfing in weekly and close below bollinger lower band would keep the sentiment in negative bias for Oct. Expect the expiry would stay below Rs.1400.

vigneshwaraj

Bea rush engulfing in weekly chart would keep the sentiment in bearish bias for this week. Expect Sep contract to expire below 680.