OUR DECISION TO REVIEW WEEKLY BLOG POST RANGE AFTER TODAY'S SESSION PROVED CORRECT BY MARKET PARTICIPANTS...!!!
WE ARE AGAIN DELAYING SAME AS WE FEEL THAT RANGE IS STILL NOT BROKEN CONVINCINGLY IT IS NOT NECESSARY TO REVIEW AT PRESENT.
WE ARE AGAIN DELAYING SAME AS WE FEEL THAT RANGE IS STILL NOT BROKEN CONVINCINGLY IT IS NOT NECESSARY TO REVIEW AT PRESENT.
- TODAY'S TRADE DETAILS (SHARED ON TWITTER HANDLE AS WELL AS TELEGRAM BOT
- Reliance Future (BTST) Loss of 20 points or 10000/lot
- Jet Airways Future (Intraday) Profit of 15 points or 18000/lot
We are going to start 13th (Weekend batch) from 10th November 2018 & 14th Batch (Weekday Batch) 12th November 2018 on Technical Analysis and/or Option Trading. We are offering 10% early bird discount offer till 5th November 2018. We are charging 7500/- for 4 months (effectively 1875/month) for Technical Analysis & 15000/- for 6 months for Technical Analysis & Option Trading (effectively 2500/month)
In case if you are interested to know more about workshop on Technical Analysis and/or Option Trading click on respective Workshop name to get more details. Incase if you have any query please call 08866145155/09067750730.
Also we have created WhatsApp Group (Only for Workshop purpose) Incase if you are interested to join WhatsApp Group please click here.
WE ARE GOING TO CONDUCT FREE WEBINAR ON OPTION BASICS ON SATURDAY TO REGISTER CLICK HERE FURTHER IF YOU WANT TO GET COMPLETE LIST OF ALL FREE WEBINARS IN MONTH OF NOVEMBER PLEASE CLICK HERE.
In case if you are interested to know more about workshop on Technical Analysis and/or Option Trading click on respective Workshop name to get more details. Incase if you have any query please call 08866145155/09067750730.
Also we have created WhatsApp Group (Only for Workshop purpose) Incase if you are interested to join WhatsApp Group please click here.
WE ARE GOING TO CONDUCT FREE WEBINAR ON OPTION BASICS ON SATURDAY TO REGISTER CLICK HERE FURTHER IF YOU WANT TO GET COMPLETE LIST OF ALL FREE WEBINARS IN MONTH OF NOVEMBER PLEASE CLICK HERE.
Nifty Spot Closed with 52 Points Loss at 10198
Nifty Bank Closed with 539 points Gains at 24960
Nifty View
Now for next trading session important Resistance & Support Levels (Spot basis) are as under:-
Resistance zones ~ 10225-10270-10295-10325-10350-10380-10460-10500-10525-10555-10585-10615-10650-10690-10715-10740-10785-10815-10840-10870-10895-10940-10980-11020-11045-11070-11100-11125-11150-11170-11185-11210-11275-11235-11330-11360-11300-11385-11410-11425-11425-11435-11470-11495-11525-11550-11565-11585-11605-11620-11655-11690-11710-11725-11735-11750
Support ~ 10180-10140-10110-10075-10045-10005-9955
CONCLUSION
Somehow we feel that Bulls shall face resistance at 10400-10450 zone in this reversal momentum swing. (Repeat comment)
Till the time Bulls are not able to lift Nifty Future above 10280-10300 zone on hourly closing basis we feel that Bears are on rest only hiatus only...!!!
Nifty Bank View
Now for next trading session important Resistance & Support Levels (Spot basis) are as under:-
Support ~ 10180-10140-10110-10075-10045-10005-9955
Somehow we feel that Bulls shall face resistance at 10400-10450 zone in this reversal momentum swing. (Repeat comment)
Till the time Bulls are not able to lift Nifty Future above 10280-10300 zone on hourly closing basis we feel that Bears are on rest only hiatus only...!!!
Nifty Bank View
Now for next trading session important Resistance & Support Levels (Spot basis) are as under:-
Resistance Zone ~ 25065-25150-25220-25340-25455-25650-25775-25810-25920-25985-26015-26070-26170-26255-26285-26325-26410-26450-26520-26615-26650-26695-26765-26805-26900-26970-27045-27145-27230-27335-27405-27470-27600-27640-27680-27720-27790-27825-27845-27890-27940-27970-28060-28130-28175-28210-28265-28320-28375-28320-28375
Support ~ 24810-24680-24515-24380-24250-24010-23810-23660-23575-23475-23445-23215-23090-22980
Conclusion
Somehow we feel that Bulls shall face resistance at 25300-25400 zone in this reversal momentum swing. (Repeat comment)
Till the time Bulls are not able to lift Bank Nifty Future above 25200-25250 zone on hourly closing basis we feel that Bears are on rest only hiatus only...!!!
Option Chain Data
Nifty
OPEN INTEREST built-up is yet to take place for exact inference.
Nifty Bank
Weekly Option Chain
Huge OPEN INTEREST additions can be seen in 25200 & 25200 CE which shows some retail greed. On PE front we feel that still built-up is pending.
Monthly Option Chain
OPEN INTEREST built-up is yet to take place for exact inference.
Put Call Ratio Stands at 1.41 for Nifty whereas for Nifty Bank it is 1.60
--------------------------------------------------------------------------------------------------------------------------
YOUTUBE CHANNEL
FOR LIVE MARKET UPDATE & FREE OPTION CALLS JOIN:-
--------------------------------------------------------------------------------------------------------------------------
T.ME/NIFTY50STRIKER
--------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SOCIAL MEDIA TOUCH POINTS:-
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.
--------------------------------------------------------------------------------------------------------------------------
No comments:
Post a Comment
Note: only a member of this blog may post a comment.