Take ur trade on dotted center line, on rejection go for put and above that take call
Banknifty has given a good upside move from last two days. Now the next level comes near 37800, where range bound market can be observed in between 37800-37300. 1. Don't take trade till price approaches either 37100 or 37800. Try taking call of next expiry when price approaches 37100 sl 36850 target 37800 2. Try taking put position of next expiry near 37800 sl...
Nifty target booked. Now positional shorts, hold with sl of 17180.
As analysed yesterday , target is booked near 17090 as mentioned in the comment also. Now positional trader trail there stoploss to 17220. Becoz if nifty goes above 17220 then it will move towards 17650. Intraday traders already booked their profit. Now intraday trader wait if prices closes below 17000 then again short. Else wait.
1.If nifty opens gap down then wait for a pullback towards purple line and then take put position, sl will be 5 min candle closing above purple trend line. Target 17070 2. If nifty opens flat then take short when 17180 breaks for a target of 17070 3. If opens flat and move upwards then short it near 17320 for a target of 17070. Do follow everywhere😊 and like.
Hello everyone, As I have been suggesting since one month to short Nifty on every rise, and my view is still same to short Nifty till 16550-600 zones. Those who are carrying there puts can trail their Stop loss now to 17320 for a target of 16600. And this target might come in this week. Intraday traders can sell on every rise now. If nifty forms any hammer or...
Short reliance if reliance goes below 2400 for a target of 2100 sl 2430. Reliance getting rejection from center line of that parallel channel . Short only and only if reliance closes below 2400. 2300 pe of December will be a good option And if reliance closes above 2600 then go for a target of 2800. Just wait for ur opportunity.
Hello everyone, 1. Nifty was far forming a price action in between a parallel channel, day before yesterday we saw a breakdown of that channel and now nifty is facing a resistance on it. Now when nifty closes above 17216 then only take bullish position for a target of 17350 and 17450. Higher chances ar there that it will fill the gap till 17450, if nifty manages...
As mentioned in the previous analysis. Target came so smoothly. Always trade what u have planned. Patience is the only key in option game. Now we will wait for another trade. But pls pls don't go against the trend. Don't think of buying call options.
As analyzed in previous ideas that nifty is looking weak and looking for call options would be dangerous. 1. now if nifty opens gap down which it seems, then look for any pullback towards 17080-17090 area to short it again for a target of 16700 with a sl of 17120. If sl hits then wait for market to go up to 17450 , then short it again for a target of 16900. 2....
Yesterday we analysed to short Nifty near 17500-17530 zones . We saw pin point selling from that level upto 17450. But we had positional view till 17000. So people some exited with 100 point profits and some exited at cost to cost. Now nifty seems to travelling in parallel channel. We would avoid taking positional trades for some days. 1. Tommorow if nifty opens...
Nifty is looking very weak. I have been saying it from many days that stay away from taking call options. And it is still intact. For 25 Nov if nifty comes near 17500-17530 zones then take positional short with sl of 17560 for a target of 17000. Try taking mid month expiry of December. Although chances seems to be less that price will reach near 17500. Always keep...
Analysis went exact to the point. And 500 easy points booked. Stay connected, and do follow and give likes. And follow everywhere. U know what I mean😊.
Atleast for today don't take bearish position. Expecting a rangebound session. Any dip towards blue trend line will be a buy opportunity, with sl just below blue trend line for a target of 37700. If blue trend line breaks in initial 1 hour then leave trading for today. Look for bullish position near blue trend line. With minimum sl.
As said banknifty gave more than 2000 points of target . 💥
Nifty has already formed inverted flag pattern . Look to short Nifty near 17940-17960 zones for a target of 17500. Buying a call option is risky in bearish market. So avoid buying call for now. Risky traders can buy Nifty for a target of 17940 from here.
ICICI bank is Looking strong. Right now taking support at 61.8% level. If it doesnt open below 756, consider taking long with sl of 756 for a target of 800, within three days. U can also buy call option of 800 of dec expiry
ICICI bank is Looking strong. Right now taking support at 61.8% level. If it doesnt open below 756, consider taking long with sl of 756 for a target of 800, within three days. U can also buy call option of 800 of dec expiry