Get started

Expirystrategy

BANKNIFTY FUTURE INTRADAY VIEW:-EXPIRY DAYI told day before yesterday that banknifty will fall first and then in next day, it will again rise. Banknifty reacts exactly the same as I predicted. BNF buy above 34370 Target:-34800 As per open interest, 34000PE added huge OI and 34500CE, 35000CE seems equal OI which indicates a rally !! Once if breaks and manages above 34560 will try to move 34800 levels support:-34250, 34150 and 34000 (Strong support zone) Banknifty index may open gap up above 34500 to test break out point @34627. Here watch Bank nifty has to sustain above it to move up towards 34800. Be alert if Bank nifty unable to hold above break out point then may slip towards 34300 and 34113.
NSE:BANKNIFTY1!Long
by biplab86
Nifty - Confirmation of Downtrend, Where to enter the short?1. Looking at open interest 18000 still has maximum call writing with additions to 17900 and 17800 levels, On the lower levels only significant put writing is at 17500 level 2. PCR is 0.9 suggesting Bearish market 3. Max pain at 17800 levels 4. Any kind of support was at 50 ema levels on the daily chart 5. FII - Futures -2000 cr, cash -4000 cr sell, DII 700 cr net buyers 6. US 10 year bond yield at 1.834 +0.007 +0.40%, which has come down from 1.897 7. News: The Fed is widely expected to tighten monetary policy at a much faster pace than expected a month ago to curb continually high inflation. 8. UK inflation figures were up 0.5% m.o.m could pressure bank of england to raise interest rates. 9. Nifty formed Three black crows today confirming the reverse of the bull trend. Three black crows can sometimes mean market is oversold and could consolidate, however RSI(14) is at 50.49. 10. Selling volumes are stronger than purchase volumes which does confirm strength of a sell. There might be a slight upside tomorrow after three days of selling but the overall trend is still bearish. But the big question is what levels should one short at? To me it seems a little unclear at the moment, completely depends on price action tomorrow. However long upside especially before the budget is highly highly unlikely. Market may go to 17900 levels which would be a good place to short but at this point just wait for price action to confirm the entry point. I Will update when I enter the trade. However, US Dollar seems strong, look at my analysis chart that I have linked with this post to find positions to enter in USD-INR. It seems a better trade looking at the bond yield numbers.
NSE:NIFTY
by amitach
Nifty still in a downtrend butMy Analysis of Nifty Looking at the Open interest data 18000 has a very strong resistance with very new call writers at 18000, 18050, 18100,18200, 18300 levels. PCR is 0.5 suggesting that its oversold Max Pain at 18000 Support shown at 17923(100 day moving average on hourly charts) PCR and support suggest that the market might open in the green tomorrow, however, trend continues to be downtrend so data suggests it may remain remain flat tomorrow, upside seems very difficult. Also, FII were net sellers with -2704.77 crores and DII were also net sellers: -195.07 which suggests weakness Will be looking for opportunities to Sell calls on uptick. Short with caution I do expect the closing to be around 17900-18050 Disclaimer: Please trade based on your own analysis and protect your capital
NSE:NIFTYShort
by amitach
Weekly target hit on Monday, so how to trade expiry?Hey guys! Our weekly target of 16696 was hit on Monday itself due to a gap down and fall in nifty. Yesterday and today, the markets have recovered and started the move from swing low to swing high. Therefore, the expectation tomorrow is bullish with a target of 17024 and 17170 after which nifty has the decide the direction. However, the trenline is important and if it is broken, it can lead to a huge fall again. Expecting a Gap up opening tomorrow and if Nifty opens in the channel shown in chart, it may consolidate after touching 17170 for a while. Break out from that channel is important and decisions can be taken based on that. Please comment your views and ideas 💡 🙏. Thankyou!! *for educational purposes only*
NSE:NIFTYLong
by AM_Tradepicks
2
Nifty Prediction for 2nd Sep.. Profit booking?Today on 1st Sep Nifty GAVE RED CANDLE after long time. Normally When This Happens Profit Booking will happen for 300-350 Points Already 150 Retracement Happened. For Tomorrow Expiry 1.Flat opening - A.If it gets REJECTED then PE B.If it slowly moves up to 17145 gets REJECTION then PE CE will be above 17145 if it sustains there for almost 20-25 min for 17200 only Trail stoploss if necessary 2. Gapup opening 17145 will be make or break level 3. Gapdown Opening- Selling can come immedietely or after some time ... If it crosses below 16980 then Further selling can come Thank You P.S. Stop loss can Save You
NSE:NIFTYShort
by silenttrading
7
SMH 75% PoP & 18% profit in 2 weeks with monthly verticalQuick 2 week vertical play: * Bullish triangle * Buy volume * 14 month bullish trend Max profit: $156 Probability of Profit: 75% Profit Target relative to my Buying Power: 18% Max loss with my risk management: ~$250 Req. Buy Power: $844 (max loss without management before expiry, no way to let this happen!) Tasty IVR: 5.4 Expiry: 15 days Buy 2 SMH May21' 230 Put Sell 2 SMH May21' 235 Put Credit PUT spread for 0.78cr each. Stop/my risk management : Closing immediately if daily candle is closing BELOW the box, max loss in my calculations in this case could be 250$. Probability of loss in this way: ~12% . Take profit strategy: 65% of max.profit in this case with auto sell order at 0.27db. Probability of profit this way: ~88%. Of course I'll not wait until expiry in any case! If you liked this article, check my other ideas. Anyway: HIT THE LIKE BUTTON BELOW , and for fresh option ideas FOLLOW ME( @mrAnonymCrypto ) on tradingview !
NASDAQ:SMHLong
by TanukiTrade