Nifty & Nifty Bank View for 31/08/2018

VIEW WAS 11750-11760 RANGE SHALL ACT AS STRONG RESISTANCE FOR NIFTY WHEREAS 28370-28400 SHALL BE STRONG RESISTANCE ZONE FOR NIFTY BANK (SHARED IN OUR LAST BLOG POST) WHICH WAS RESPECTED BY MARKET PARTICIPANTS. 

FREE OPTION TRADING CALL ON DLF GAVE RETURNS OVER 3000/LOT CLICK HERE 

LAST 2 DAYS TO TO AVAIL 10% DISCOUNT ON OUR SEPTEMBER WEEKEND TECHNICAL ANALYSIS WORKSHOP (9th BATCH) (TIMINGS SHALL BE WEEKEND 8 TO 10 AM) (6750/- FOR 4 MONTHS INSTEAD OF 7500/-) FOR MORE DETAILS CALL 08866145155 OR DROP EMAIL ON NIFTY50STRIKER@GMAIL.COM

Anyway lets move further and Analyse what could be road ahead for Nifty & Nifty Bank for next session.

Nifty Spot Closed with 15 points Loss at 11677 whereas Nifty Future (September Series) closed at 11733 (Premium of 56 Points) 

Nifty Bank Closed with 121 points Loss at 28103 whereas Bank Nifty Future (September Series) closed at 28222 (Premium of 2 Points) 

Nifty View

Now for next trading session important Resistance & Support Levels (Spot basis) are as under:- 

Resistance zones ~  11690-11710-11725-11735-11750-11900-11920 (zone as per higher time-frames) 

Support ~ 11655-11620-11605-11585-11565-11550-11525-11495-11470-11435-11425-11425-11410-11385-11360-11330-11300-11275-11235-11210-11185-11170-11150-11125-11100-11070-11045-11020-10980-10940-10895-10870-10840-10815-10785

Conclusion

Still we feel that 11750-11760 shall be strong resistance zone for next session. 

Nifty Bank View

Now for next trading session important Resistance & Support Levels (Spot basis) are as under:- 

Resistance Zone ~ 28060-28130-28175-28210-28265-28320-28375-28320-28375

Support ~ 27970-27940-27890-27845-27825-27790-27720-27680-27640-27600-27470-27335-27230-27145-27045-26970-26900-26805-26765-26695-26650-26615-26520

Conclusion

Once again 28370-28400 acted as stiff resistance and shall be again hurdle for Bulls in next session. (Repeat Comment) 

Option Chain Data

Nifty

OPEN INTEREST may not give exact idea as built-up yet to take place. 

Nifty Bank 

Weekly Option Chain

OPEN INTEREST suggests range of 28000-28500 for next weekly expiry 

Monthly Option Chain

OPEN INTEREST may not give exact idea as built-up yet to take place. 

Put Call Ratio Stands at 1.16 for Nifty whereas for Nifty Bank it is 1.04

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IN CASE OF ANY QUERY/SUGGESTIONS READERS ARE REQUESTED TO CONTACT US NIFTY50STRIKER@GMAIL.COM OR 08866145155

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Please note this blog post is for education purpose only. While utmost care is taken while writing this post but any human error cant be ruled out and we apologize for same in advance. 

Nifty & Nifty Bank View for 30/08/2018

RANGE BOUND MOVES BUT MOVES ARE LEVEL TO LEVEL...!!!

FREE OPTION TRADING CALL ON DLF GAVE RETURNS OVER 50%...!!! APART FROM THAT OUR BTST CALL ALSO GAVE PROFIT OF 7700/LOT...!!! TO GET LIVE MARKET TRADING CALLS CLICK ON YOUR TELEGRAM BOT CLICK HERE 

ANYWAY LETS MOVE AHEAD. WE FEEL GLAD TO ANNOUNCE THAT FROM 9th SEPTEMBER WE ARE GOING TO START WEEKEND ONLINE TECHNICAL ANALYSIS WORKSHOP (9th BATCH) (TIMINGS SHALL BE WEEKEND 8 TO 10 AM) WE ARE OFFERING 10% EARLY BIRD DISCOUNT TILL 31/08/2018 (6750/- FOR 4 MONTHS INSTEAD OF 7500/-) FOR MORE DETAILS CALL 08866145155 OR DROP EMAIL ON NIFTY50STRIKER@GMAIL.COM

Anyway lets move further and Analyse what could be road ahead for Nifty & Nifty Bank for next session.

Nifty Spot Closed with 46 points Loss at 11692 whereas Nifty Future (August Series) closed at 11705 (Premium of 13 Points) 

Nifty Bank Closed with 46 points Loss at 28224 whereas Bank Nifty Future (August Series) closed at 28226 (Premium of 2 Points) 

Nifty View

Now for next trading session important Resistance & Support Levels (Spot basis) are as under:- 

Resistance zones ~  11690-11710-11725-11735-11750-11900-11920 (zone as per higher time-frames) 

Support ~ 11655-11620-11605-11585-11565-11550-11525-11495-11470-11435-11425-11425-11410-11385-11360-11330-11300-11275-11235-11210-11185-11170-11150-11125-11100-11070-11045-11020-10980-10940-10895-10870-10840-10815-10785

Conclusion

As expected Bulls managed to strike above 11750+ but unfortunately failed to close above that level.  Now for this series 11600 shall act as strong support but on upside we feel that still some more upside is left till 11780-11820 zone...!!! (Repeat comment from previous post) 

11760-11750 is resistance zone which may prove it worth atleast in 1st half tomorrow. 

Nifty Bank View

Now for next trading session important Resistance & Support Levels (Spot basis) are as under:- 

Resistance Zone ~ 28265-28320-28375-28320-28375

Support ~ 28210-28175-28130-28060-27970-27940-27890-27845-27825-27790-27720-27680-27640-27600-27470-27335-27230-27145-27045-26970-26900-26805-26765-26695-26650-26615-26520

Conclusion

As expected Bulls failed to manage close above 28400...!!! Now for next session we feel that 28400-28500 will be do or die zone for Bulls...!!! (Previous blog post view)

Once again 28370-28400 acted as stiff resistance and shall be again hurdle for Bulls in next session. 

Option Chain Data

Nifty

OPEN INTEREST may not give exact idea as we have last session of series. 

Nifty Bank 

Monthly Option Chain

OPEN INTEREST may not give exact idea as we have last session of series. 

Put Call Ratio Stands at 1.77 for Nifty whereas for Nifty Bank it is 1.20

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YOUTUBE CHANNEL 

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FOR LIVE MARKET UPDATE & FREE OPTION CALLS JOIN:- 

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SOCIAL MEDIA TOUCH POINTS:-

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IN CASE OF ANY QUERY/SUGGESTIONS READERS ARE REQUESTED TO CONTACT US NIFTY50STRIKER@GMAIL.COM OR 08866145155

--------------------------------------------------------------------------------------------------------------------------

Please note this blog post is for education purpose only. While utmost care is taken while writing this post but any human error cant be ruled out and we apologize for same in advance. 

Nifty & Nifty Bank View for 29/08/2018

BULLS & BEARS ONCE AGAIN THANK YOU VERY MUCH...!!!

EXPECTATION WAS 11750+ FOR NIFTY & SUB 28400 FOR NIFTY BANK AND BOTH GOT OBLIGED FULLY...!!!

NOT ONLY THAT NICE BOUNCE SEEN FROM LOWER LEVELS OF THE DAY...!!!

FREE OPTION TRADING CALL ON BANK NIFTY GAVE RETURNS OVER 50%...!!! APART FROM IF ANY ONE TRADED IN OUR BOTH BTST CALLS (GIVEN YESTERDAY) WOULD HAVE GAINED 10200/PAIR EASILY...!!! TO GET LIVE MARKET TRADING CALLS CLICK ON YOUR TELEGRAM BOT CLICK HERE 

ANYWAY LETS MOVE AHEAD. WE FEEL GLAD TO ANNOUNCE THAT FROM 9th SEPTEMBER WE ARE GOING TO START WEEKEND ONLINE TECHNICAL ANALYSIS WORKSHOP (9th BATCH) (TIMINGS SHALL BE WEEKEND 8 TO 10 AM) WE ARE OFFERING 10% EARLY BIRD DISCOUNT TILL 31/08/2018 (6750/- FOR 4 MONTHS INSTEAD OF 7500/-) FOR MORE DETAILS CALL 08866145155 OR DROP EMAIL ON NIFTY50STRIKER@GMAIL.COM

Anyway lets move further and Analyse what could be road ahead for Nifty & Nifty Bank for next session.

Nifty Spot Closed with 46 points Gains at 11739 whereas Nifty Future (August Series) closed at 11752 (Premium of 13 Points) 

Nifty Bank Closed with 5 points Gains at 28670 whereas Bank Nifty Future (August Series) closed at 28312 (Premium of 42 Points) 

Nifty View

Now for next trading session important Resistance & Support Levels (Spot basis) are as under:- 

Resistance zones ~  11900-11920 (zone as per higher time-frames) 

Support ~ 11750-11735-11725-11710-11690-11655-11620-11605-11585-11565-11550-11525-11495-11470-11435-11425-11425-11410-11385-11360-11330-11300-11275-11235-11210-11185-11170-11150-11125-11100-11070-11045-11020-10980-10940-10895-10870-10840-10815-10785

Conclusion

Now for next session we feel Bulls will again strike back to lift Nifty above 11750+  (Previous blog post view)

As expected Bulls managed to strike above 11750+ but unfortunately failed to close above that level.  Now for this series 11600 shall act as strong support but on upside we feel that still some more upside is left till 11780-11820 zone...!!!

Nifty Bank View

Now for next trading session important Resistance & Support Levels (Spot basis) are as under:- 

Resistance Zone ~ 28320-28375

Support ~ 28375-28320-28265-28210-28175-28130-28060-27970-27940-27890-27845-27825-27790-27720-27680-27640-27600-27470-27335-27230-27145-27045-26970-26900-26805-26765-26695-26650-26615-26520

Conclusion

We feel that if Bulls managed to give close above 28400 for Nifty Bank then more upside till 28700 on or before expiry can't be ruled out. (Previous blog post view)

As expected Bulls failed to manage close above 28400...!!! Now for next session we feel that 28400-28500 will be do or die zone for Bulls...!!!

Option Chain Data

Nifty

Once again smart shifting has taken place in OPEN INTEREST on CE front and Novice traders who write options with highest OPEN INTEREST experience pain...!!! 11800 CE may act as hurdle in this expiry..!!! 

Nifty Bank 

Monthly Option Chain

28500 CE is having huge OPEN INTEREST which without shadow of doubt shall act as resistance...!!! (Repeat comment) 

Put Call Ratio Stands at 1.98 for Nifty whereas for Nifty Bank it is 1.38

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YOUTUBE CHANNEL 

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FOR LIVE MARKET UPDATE & FREE OPTION CALLS JOIN:- 

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SOCIAL MEDIA TOUCH POINTS:-

T.ME/NIFTY50STRIKER

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TWITTER.COM/NIFTY50STRIKER

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IN CASE OF ANY QUERY/SUGGESTIONS READERS ARE REQUESTED TO CONTACT US NIFTY50STRIKER@GMAIL.COM OR 08866145155

--------------------------------------------------------------------------------------------------------------------------

Please note this blog post is for education purpose only. While utmost care is taken while writing this post but any human error cant be ruled out and we apologize for same in advance. 

Nifty & Nifty Bank View for 28/08/2018

WHATEVER WE HAD EXPECTED IN OUR WEEKLY BLOG POST; BULLS DID THAT IN SINGLE TRADING SESSION...!!!

WE HAVE ALREADY SHARED OUR WEEKLY VIEW. TO READ OUR WEEKLY VIEW CLICK HERE

NOT ONLY THAT OUR BTST CALL ON JSWSTEEL GAVE RETURN MORE THAN  27000/LOT...!!!

ANYWAY LETS MOVE AHEAD. WE FEEL GLAD TO ANNOUNCE THAT FROM 9th SEPTEMBER WE ARE GOING TO START WEEKEND ONLINE TECHNICAL ANALYSIS WORKSHOP (9th BATCH) (TIMINGS SHALL BE WEEKEND 8 TO 10 AM) WE ARE OFFERING 10% EARLY BIRD DISCOUNT TILL 31/08/2018 (6750/- FOR 4 MONTHS INSTEAD OF 7500/-) FOR MORE DETAILS CALL 08866145155 OR DROP EMAIL ON NIFTY50STRIKER@GMAIL.COM

Anyway lets move further and Analyse what could be road ahead for Nifty & Nifty Bank for next session.

Nifty Spot Closed with 135 points Gains at 11692  whereas Nifty Future (August Series) closed at 11712 (Premium of 24 Points) 

Nifty Bank Closed with 430 points Gains at 28264 whereas Bank Nifty Future (August Series) closed at 28279 (Premium of 15 Points) 

Nifty View

Now for next trading session important Resistance & Support Levels (Spot basis) are as under:- 

Resistance zones ~  11900-11920 (zone as per higher time-frames) 

Support ~ 11620-11605-11585-11565-11550-11525-11495-11470-11435-11425-11425-11410-11385-11360-11330-11300-11275-11235-11210-11185-11170-11150-11125-11100-11070-11045-11020-10980-10940-10895-10870-10840-10815-10785

Conclusion

11600 is without shadow of doubt is strong hurdle for Bulls to clear on closing basis but once cleared that more upside of about 100-125 points will be easy move for Bulls. (Previous blog post for Friday's trading session)

Now for next session we feel Bulls will again strike back to lift Nifty above 11750+ 

Nifty Bank View

Now for next trading session important Resistance & Support Levels (Spot basis) are as under:- 

Resistance Zone ~ 28295-28305 (zone)

Support ~ 28375-28320-28265-28210-28175-28130-28060-27970-27940-27890-27845-27825-27790-27720-27680-27640-27600-27470-27335-27230-27145-27045-26970-26900-26805-26765-26695-26650-26615-26520

Conclusion

We feel that if Bulls managed to give close above 28400 for Nifty Bank then more upside till 28700 on or before expiry can't be ruled out. 

Option Chain Data

Nifty

During today's session smart shifting from 11600 to 11700 CE happened. Those who write/sold  11600 CE in last week were forced to adjust their positions today...!!!

Infact we will not be shocked same happens with 11700 CE writers on or before this expiry...!!!

Nifty Bank 

Monthly Option Chain

28500 CE is having huge OPEN INTEREST which without shadow of doubt shall act as resistance...!!!

Put Call Ratio Stands at 1.79 for Nifty whereas for Nifty Bank it is 1.42

--------------------------------------------------------------------------------------------------------------------------

YOUTUBE CHANNEL 

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FOR LIVE MARKET UPDATE & FREE OPTION CALLS JOIN:- 

T.ME/NIFTY50STRIKER

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SOCIAL MEDIA TOUCH POINTS:-

T.ME/NIFTY50STRIKER

FACEBOOK.COM/NIFTY50STRIKER

TWITTER.COM/NIFTY50STRIKER

--------------------------------------------------------------------------------------------------------------------------

IN CASE OF ANY QUERY/SUGGESTIONS READERS ARE REQUESTED TO CONTACT US NIFTY50STRIKER@GMAIL.COM OR 08866145155

--------------------------------------------------------------------------------------------------------------------------

Please note this blog post is for education purpose only. While utmost care is taken while writing this post but any human error cant be ruled out and we apologize for same in advance.