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Thursday 29 November 2018

Nifty & Nifty Bank View for 30/11/2018

BULLS MANAGED FILL GAP BUT SOME HOW ANOTHER SMALL GAP WAS MADE BUT THAT SHALL BE FILLED VERY SOON...!!!

LETS TRY TO CHART UPDATED CHART STRUCTURE. 







WE CAN SEE THAT GAP IS FILLED BUT SOME HOW WEDGE FORMATION IS RESPECTED. GOING FORWARD 10880-10900 MAY ACT AS RESISTANCE ZONE. 

2 TIMES IN ROW OUR OPTION TRADING CALL ON YES BANK GOT DOUBLED...!!!
  • 1st trading view was to go long on 160 PE (shared with trading members only) at 10 which made high of 25.05 but exit view was given at 15 then 18 then finally today morning 20. 
  • 2nd trading view was shared on our Telegram Bot Telegram Channel  and trading members. 








Apart from this Trading call on Tata Motors was also shared but cost to cost exit was requested later on. 


But Positional Trading Call on SRTRansFin also gave return more than 25000/lot. Trading view was shared on our Telegram Bot & Telegram Channel  along with our Trading Members via Whatsapp 

WE ARE GOING TO START LAST 2 BATCHES ON TECHNICAL ANALYSIS + OPTION TRADING (ONLINE MODE ONLY) FROM 3rd WEEK OF DECEMBER 2018. WE ARE OFFERING 10% DISCOUNT ON OUR WORKSHOP FEE. PAY 6750/- FOR 4 MONTHS INSTEAD OF 7500/- FOR 4 MONTHS INCASE IF YOU ARE INTERESTED TO LEARN TECHNICAL ANALYSIS ONLY WHEREAS OF TECHNICAL ANALYSIS + OPTION TRADING WE ARE CHARGES 13500/- FOR 6 MONTHS INSTEAD OF 15000/- FOR 6 MONTHS. 

BATCHES ARE GOING TO START FROM 9th DECEMBER (WEEKEND) & 10th DECEMBER (WEEKDAY) 

WE HAVE ALSO CREATED WHATSAPP GROUP INCASE IF YOU ARE INTERESTED TO JOIN OUR ONLINE WORKSHOP. PLEASE CLICK HERE IF YOU WANT TO JOIN. 


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

Nifty Spot Closed with 130 points Gain at 10859

Nifty Bank Closed with 482 points Gain at 26940

Nifty View

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

Resistance zones ~  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 ~ -10840-10815-10785-10740-10715-10690-10650-10615-10585-10555-10525-10500-10460-10380-10350-10325-10325-10295-10270-10225-10180-10140-10110-10075-10045-10005-9955

CONCLUSION

Chart setup and structure looks for next session as Bulls managed to close above 10700 levels. But we still feel road ahead would not easy as Bulls faced resistance at gap zone only. (Gap 10755-10844) (Previous blog post conclusion) 

GAP is filled partially as once again GAPUP resulted into another gap. 

Nifty Bank View

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

Resistance Zone ~ 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 ~ 26900-26805-26765-26695-26650-26615-26520-26450-26410-26325-26285-26255-26170-26070-26015-25985-25920-25810-25775-25650-25455-25340-25220-25065-25150-24810-24680-24515-24380-24250-24010-23810-23660-23575-23475-23445-23215-23090-22980

Conclusion

For more of time Bulls managed to sustain Nifty Bank above 26500 but in last 2 hours some profit booking was seen. For next session we feel that 26500-26600 shall act as resistance zone. (Previous blog post conclusion) 

Once again Retail option writers faced same scenario like May Expiry...!!! 

Option Chain Data

Nifty

It is bit difficult to have exact inference from OPEN INTEREST as December series is very old OPTION CHAIN. 

Nifty Bank


Weekly & Monthly Option Chain

Too early to analyst OPEN INTEREST data. 

Put Call Ratio Stands at 1.43 for Nifty whereas for Nifty Bank it is 1.13

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YOUTUBE CHANNEL 
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FOR LIVE MARKET UPDATE & FREE OPTION CALLS JOIN:- 

T.ME/NIFTY50STRIKERCHANNE_BOT

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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
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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. 

Wednesday 28 November 2018

Nifty & Nifty Bank View for 29/11/2018

Yesterday we had posted our view on YESBANK Chart with description on our Twitter Handle as well as on Telegram Bot

To have easy understanding on chart lets try to see chart after yesterday and today's session. 


Above is chart after yesterday's session now below is chart after today's session...!!!




Expectation was 160 for December series and today's (for December series future) is 160.90 where as for spot it is 160.30 so hereby we are almost done with target or expected level for said stock in just 1 session and very early than expected time period...!!!

In fact we have booked more than 75% of holding in December series 160 PE today only for the trade taken at start of session today. 

WE ARE GOING TO START LAST 2 BATCHES ON TECHNICAL ANALYSIS + OPTION TRADING (ONLINE MODE ONLY) FROM 3rd WEEK OF DECEMBER 2018. WE ARE OFFERING 10% DISCOUNT ON OUR WORKSHOP FEE. PAY 6750/- FOR 4 MONTHS INSTEAD OF 7500/- FOR 4 MONTHS INCASE IF YOU ARE INTERESTED TO LEARN TECHNICAL ANALYSIS ONLY WHEREAS OF TECHNICAL ANALYSIS + OPTION TRADING WE ARE CHARGES 13500/- FOR 6 MONTHS INSTEAD OF 15000/- FOR 6 MONTHS. 

WE HAVE ALSO CREATED WHATSAPP GROUP INCASE IF YOU ARE INTERESTED TO JOIN OUR ONLINE WORKSHOP. PLEASE CLICK HERE IF YOU WANT TO JOIN. 



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

Nifty Spot Closed with 43 points Gain at 10729

Nifty Bank Closed with 15 points Gain at 26458

Nifty View

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

Resistance zones ~  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 ~ 10715-10690-10650-10615-10585-10555-10525-10500-10460-10380-10350-10325-10325-10295-10270-10225-10180-10140-10110-10075-10045-10005-9955

CONCLUSION

Going forward we feel that Bulls managed to give close above 10700 then more up-move of 120-150 points can be ruled out. (Previous blog post conclusion) 

Chart setup and structure looks for next session as Bulls managed to close above 10700 levels. But we still feel road ahead would not easy as Bulls faced resistance at gap zone only. (Gap 10755-10844)

Nifty Bank View

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

Resistance Zone ~ 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 ~ 26410-26325-26285-26255-26170-26070-26015-25985-25920-25810-25775-25650-25455-25340-25220-25065-25150-24810-24680-24515-24380-24250-24010-23810-23660-23575-23475-23445-23215-23090-22980

Conclusion

We can see that 26500 is acting as strong resistance for Nifty Bank but going forward we feel that this resistance may get crossed in next session but closing is important. (Previous blog post conclusion) 

For more of time Bulls managed to sustain Nifty Bank above 26500 but in last 2 hours some profit booking was seen. For next session we feel that 26500-26600 shall act as resistance zone. 

Option Chain Data

Nifty

It is bit difficult to have exact inference from OPEN INTEREST as we have only 1 sessionsleft for this series and also we have very old December series. 

Nifty Bank


Monthly Option Chain


It is bit difficult to have exact inference from OPEN INTEREST as we have only 1 session left for this series. 

Put Call Ratio Stands at 1.81 for Nifty whereas for Nifty Bank it is 1.28

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

YOUTUBE CHANNEL 
--------------------------------------------------------------------------------------------------------------------------
FOR LIVE MARKET UPDATE & FREE OPTION CALLS JOIN:- 

T.ME/NIFTY50STRIKERCHANNE_BOT

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

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. 

Tuesday 27 November 2018

Nifty & Nifty Bank View for 28/11/2018

Some how Bulls are managing to overcome small small downside moves and closing with gains...!!!

Before we start further we would like to share Feedback that we have received from one of our Workshop Participant. 




WE ARE GOING TO START LAST 2 BATCHES ON TECHNICAL ANALYSIS + OPTION TRADING (ONLINE MODE ONLY) FROM 3rd WEEK OF DECEMBER 2018. WE ARE OFFERING 10% DISCOUNT ON OUR WORKSHOP FEE. PAY 6750/- FOR 4 MONTHS INSTEAD OF 7500/- FOR 4 MONTHS INCASE IF YOU ARE INTERESTED TO LEARN TECHNICAL ANALYSIS ONLY WHEREAS OF TECHNICAL ANALYSIS + OPTION TRADING WE ARE CHARGES 13500/- FOR 6 MONTHS INSTEAD OF 15000/- FOR 6 MONTHS. 

WE HAVE ALSO CREATED WHATSAPP GROUP INCASE IF YOU ARE INTERESTED TO JOIN OUR ONLINE WORKSHOP. PLEASE CLICK HERE IF YOU WANT TO JOIN. 



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

Nifty Spot Closed with 57 points Gain at 10686

Nifty Bank Closed with 78 points Gain at 26443

Nifty View

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

Resistance zones ~  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 ~ 10650-10615-10585-10555-10525-10500-10460-10380-10350-10325-10325-10295-10270-10225-10180-10140-10110-10075-10045-10005-9955

CONCLUSION

We can see that in chart those who went short on last week with an expectation of Breakout were forced to book loss today on account of up-move that took place today. (Previous blog post conclusion) 

Still we feel that 10700 must act as strong resistance in for this series. (Previous blog post conclusion) 

Going forward we feel that Bulls managed to give close above 10700 then more up-move of 120-150 points can be ruled out. 

Nifty Bank View

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

Resistance Zone ~ 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 ~ 26410-26325-26285-26255-26170-26070-26015-25985-25920-25810-25775-25650-25455-25340-25220-25065-25150-24810-24680-24515-24380-24250-24010-23810-23660-23575-23475-23445-23215-23090-22980

Conclusion

Nifty Bank closed at highest level in this series. (Previous blog post conclusion) 

Now going further if Bulls are able to close above 26500 then fast move for 200-300 points on upside can be seen...!!! (Previous blog post conclusion) 

We can see that 26500 is acting as strong resistance for Nifty Bank but going forward we feel that this resistance may get crossed in next session but closing is important. 

Option Chain Data

Nifty

It is bit difficult to have exact inference from OPEN INTEREST as we have only 2 sessions left for this series and also we have very old December series. 

Nifty Bank


Monthly Option Chain


It is bit difficult to have exact inference from OPEN INTEREST as we have only 2 session left for this series. 

Put Call Ratio Stands at 1.75 for Nifty whereas for Nifty Bank it is 1.39

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

YOUTUBE CHANNEL 
--------------------------------------------------------------------------------------------------------------------------
FOR LIVE MARKET UPDATE & FREE OPTION CALLS JOIN:- 

T.ME/NIFTY50STRIKERCHANNE_BOT

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

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.