Showing posts with label option tips. Show all posts
Showing posts with label option tips. Show all posts

Tuesday, March 5, 2024

TOP LOSER PREDICTED A DAY BEFORE

 STOCK SUGGESTED BY US YESTERDAY ONLY TO CHECK

https://niftytipsniftylevels.blogspot.com/2024/03/stocks-to-be-in-your-watchlist-for-5.htmlhttps://niftytipsniftylevels.blogspot.com/2024/03/stocks-to-be-in-your-watchlist-for-5.html

BHEL TOP LOSER📉
FOR LIVE STOCK TIPS WHATSAPP US ON 9039542248


Monday, March 4, 2024

STOCKS TO BE IN YOUR WATCHLIST FOR 5 MARCH 2024

BEL

SAIL

PEL

SUNTV

BHEL

EICHERMOT

LALPATHLAB

INDIAMART

HINDCOPPER

NAUKRI

SBILIFE

MOTHERSON

NATIONALUM



 Feeling lost in the world of trading? Whether you're pondering buying or selling, or trying to grasp the ins and outs of calls and puts, we've got your back! Drop us a message on WhatsApp at 9039542248 📞📞, and let our knowledgeable team be your guiding light through the complexities of the market. 😇💡

Friday, April 22, 2022

NIFTY WEEKLY PREDICTION & TRADING TIPS FOR 25 APRIL TO 29 APRIL 2022

WEEKLY RESISTANCE FOR NIFTY: 17506, 17689, 18025

PIVOT POINT: 17565

WEEKLY SUPPORT FOR NIFTY:  17444, 17357, 17015

WEEKLY CHART FOR NIFTY

DAILY RESISTANCE FOR NIFTY: 17410, 17429, 17447

PIVOT POINT: 17340

DAILY SUPPORT FOR NIFTY:  17374, 17356, 17337

DAILY CHART FOR NIFTY




















DAILY CHART FOR NIFTY

After four days of massive hiatus, our markets started the week miserably, factoring in unfavorable global signals. The weakness extended throughout the day with the Nifty slipping further below 17100. Fortunately, some recovery was seen at lower levels and on a modest recovery towards the end the Nifty ended the session down over 1.70%, a bit below the 17200 level. Tuesday's session started on a positive note as indicated by the SGX Nifty earlier this morning. However, the markets immediately lost their lead in minutes. After that, we saw a long consolidation among the key indices, with individual pockets moving on their own. As we entered the last hour and a half of trading, Nifty surged almost to the daily high; but suddenly the market crashed and before anyone knew it all the intermediate supports were destroyed one by one. Selling was so intense that towards the end we almost tested the 16800 level. Finally, the adjusted close was just above 16950. The mayhem of the last hour on Tuesday was followed by a modest gap on Wednesday, which opened on a spectacular overnight rally in US stocks. Around mid-session, Nifty even proceeded to retake the 17200 mark. However, as we re-entered the last few hours of the session, the market started to get a bit timid. Fortunately, it wasn't any closer to weakness on Tuesday as Nifty maintained its position well within positive territory to close for percentage gains. Wednesday's break was followed by a decent gap to the upside on Thursday on positive indications from most global peers. Throughout the day, overall attendance from some of the missing heavyweights such as IT, autos and banking surged. As a result, we saw good sustained bullishness throughout the day to finally close the penultimate weekly decline around 17400, adding another 1.50% to the bull kitty. The market indices snapped out of its two-day winning streak and ended over lower on Friday weighed by market heavyweights Infosys, ICICI Bank and HDFC Bank. The Sensex fell 714 points to settle at 57197 while the Nifty declined 220 points to end at 17171.

NIFTY: A STRONG SUPPORT WILL BE @ 17400; STRONG RESISTANCE LEVEL SEEN @ 17800

Indian equity markets have been volatile over the past seven months, seeing wide swings on both sides amid headwinds from geopolitical tensions, high commodity prices and record inflation. Bulls are looking for corporate earnings reports to take focus off the inflation spurt. Nifty is expected to consolidate between 16500 and 18500 over the next few months.

TECHNICALLY SPEAKING

Markets reversed yesterday's gain, shedding nearly a percent and a half on weak global leads. The hawkish statement from the US Federal Reserve depressed sentiment around the world, including in our markets. The benchmark attempted to erase some of its losses midway after the gap-down start, but selling pressure in the second half pushed the index to daily lows. Finally, the Nifty Index closed at 17171; down 1.3%. In line with trend, most industry indices closed lower, with metals, banks and healthcare being the top losers. Markets will react to the ICICI Bank figures in early trading on Monday. Additionally, global alerts such as updates on the Russia-Ukraine crisis and China's COVID situation will also remain on attendees' radars. The drop in the Nifty index has faded hopes of a directional move and we may see further consolidation ahead. Among all, participants should focus more on overnight stock selection and risk management.

Thursday, April 21, 2022

NIFTY OUTLOOK & OPTION CALL PUT TIPS FOR 22 APRIL 2022

TO GET LIVE TRADING TIPS PING ON WHATSAPP 9039542248

The bulls came back strong today after quite a long wait, helped by the energy sector, which is seeing robust gross refining margins. The Indian stock market closed positive on April 21st, supported by buying across all sectors. To finish, the Sensex was up 874 points, to 57911 and the Nifty was up 256 points, to 17392. Approximately 2252 stocks are up, 1089 stocks are down, and 96 stocks are flat. Almost all sector indices, led by autos, traded in the green as the volatility index cooled. Previously, the 17200-17000 range has seen crucial moves on both sides. The last break down and the recent break up in this area has resulted in a strong follow-up move in the index on both sides. Having recently bounced back from near the 17500 level and the emerging strength of upside momentum suggests there is significant upside potential from here. Nifty's short-term trend remains positive. A sustained move above the immediate 17500-17600 resistance could open the next upside levels around 17700-18000 in the near term. Immediate support lies at 17200. On the derivatives front, the highest call OI is 17800 strike followed by 18000 strike, while on the put side the highest OI is 17200 strike followed by 17000 strike. Technically, the refined index has confirmed the breakout of the bullish Harami candlestick pattern on the daily chart, indicating a reversal move in the index. Additionally, a momentum indicator RSI (14) & stochastics saw a positive crossover, supporting the immediate trend. On the hourly chart, the refined index is also holding above 200-HMA, indicating a positive sideways movement. Currently the index has support at 17200 while resistance is at 17500 . The Bank Nifty Index formed a bullish reversal candle showing 36500 levels on the daily chart to act as a buffer to the downside. Momentum oscillators have also shown a reversal on the lower timeframe, confirming a pullback towards the 37000-37500 levels. Traders should maintain a buying approach with 36800 acting as immediate support.

Resistance: 17500, 17600, 17700

Support: 17300, 17200, 17000

Wednesday, April 20, 2022

NIFTY OUTLOOK & OPTION CALL PUT TIPS FOR 21 APRIL 2022

TO GET LIVE TRADING TIPS PING ON WHATSAPP 9039542248

The mayhem of the last hour on Tuesday was followed by a modest gap on Wednesday, April 20, 2022, which opened on a spectacular overnight rally in US stock markets. Around mid-session, Nifty even proceeded to retake the 17200 mark. However, as we re-entered the last few hours of the session, the market started to get a bit timid. Fortunately, it wasn't any closer to weakness on Tuesday as Nifty maintained its position well within positive territory to close for percentage gains. A pullback rally in global markets lifted sentiment as benchmark indices traded higher. Nifty has regained his level of 17000. Among sectors, the Nifty Auto Index outperformed the rally by over two percent. While metals and media stocks saw a technical sell-off. The benchmark index Nifty showed tremendous resilience today; but Banking sulks throughout the session. Therefore, the Nifty could not stay behind the stable wall of 17200.

Technically, after today's rally, the Nifty is still trading below its 200-day SMA, which is largely negative. On daily charts, Nifty has formed a small bullish candle inside the body and on intraday charts. Nifty consistently finds support near 17050. As for direction, the medium term trend is still down. But pullback rally continuation is not ruled out if the Nifty manages to trade above 17050. For traders, 17050 would serve as a trend maker above which Nifty could rally to 17250-17350. However, below 17050 the uptrend would be vulnerable. Below that, the chances of reaching the 16950-16900 level would improve. Fortunately we are convincingly back above 17k and as such any positivity from global peers or our banking division would bring strength back to our market. As for levels, 17200 17300 remains a high hurdle and only a sustained move above it would result in strong momentum for the heavyweights. On the upside, 17000 remains a sacrosanct support. Given the general caution, we advise traders not to trade aggressively and proceed with a stock-specific approach.

Resistance: 18150, 18200, 18250

Support: 18000, 17950, 17900

Tuesday, April 19, 2022

NIFTY OUTLOOK & OPTION CALL PUT TIPS FOR 20 APRIL 2022

Type

R1

R2

R3

PP

S1

S2

S3

Classic

17252

17330

17422

17160

17082

16990

16912

Fibonacci

17225

17265

17330

17160

17095

17055

16990

Camarilla

17189

17205

17220

17160

17158

17143

17127

 Indian equity benchmarks Sensex and Nifty fluctuated between gains and losses on Tuesday amid choppy trading, tracking mixed movements in global markets. Losses in financials and select IT stocks dragged the leading indices lower, although gains in auto, metals and oil & gas stocks provided some support. Investors awaited more quarterly earnings reports from India Inc for clues, a day after Mindtree released a strong set of financial results covering the period between January and March. Globally, news of the war between Russia and Ukraine and rising COVID infections in China stayed on investors' radars. We have witnessed chaos in the markets for the past 30 minutes. Benchmark indices corrected nearly 1.5% today on weak global leads. In the current war, things seem to be getting worse between Russia and Ukraine. The Nifty started the session on April 19 on a positive note but failed to build on early gains. Despite several attempts throughout the day, the index failed to break above the 20 HMA and 40 DEMA. These moving averages prompted the bears to act, leading to a sharp decline towards the end of the session. In the highly volatile session on April 19th, the benchmark indices closed lower with Nifty closing below the 17000 mark. At the close, the Sensex was up 703 points, at 56463 and the Nifty was up 215 points,at 16958. 

we advised you to stay invested in quality stocks and avoid stocks with weak fundamentals in the coming days. Investors should remain cautious and hold enough liquidity to add quality stocks whenever they dip. For Nifty, 16650 will act as a very strong support if we could break the 16600 level and if that level is also broken then the next stop will be around 16500 level. On the upside, 17050 acts as a very strong resistance. If Nifty breaks above these levels, we may see 17100 to 17350 levels. For the banking index, 36150 will act as a very strong support, if this level breaks, next support will be at 35800 levels and then 35600 level is possible. On the upside 36200 will act as a strong hurdle for the banking index, if this level is broken the next strong resistance is around 36500, after that 36800 levels are possible. Consequently, the Nifty broke the 200 DMA and the 16800 level on a closing basis. The overall structure indicates that the selling pressure may continue. Therefore, the index is expected to continue falling towards 16800-16600 in the short-term. On the upside, today's high of 17300 will now act as a key short-term barrier.

Resistance: 17251, 17329, 17121

Support: 17081, 16989, 16911

Monday, April 18, 2022

NIFTY OUTLOOK & OPTION CALL PUT TIPS FOR 19 APRIL 2022

 GET THE BEST TRADING TIPS ON YOUR WHATSAPP !!!! FOR THE DETAILS WHATSAPP  YOUR NAME & SEGMENT ON 9039542248

Markets started the week subdued in continuation of the prevailing consolidation phase and ended the session with a significant loss of almost two percent. After a gap down open amid weak global cues, the benchmark trades bearish throughout the day. Lower-than-expected results from heavyweights such as Infosys and HDFC Bank also weighed on sentiment. Consequently, the Nifty closed 1.7% lower at 17173 levels. The broader mid-cap and small-cap markets also ended lower, down 1.1% and 1.3%, respectively. Sector indices showed a mixed trend with IT and Banking being the biggest laggards while Auto, FMCG and Energy were the winners. We believe global clues as well as the outcome of the Q4 results will continue to add additional volatility in the coming sessions. As such, we remain cautious on the markets and recommend traders to hedge their position. The Nifty index gapped down on the weak global cues and settled at 17173 down 1.73%, while the Bank Nifty index ended at 36729 down 1.96%. The India VIX market volatility index rose 9% on the day. 

Thursday, April 14, 2022

NIFTY WEEKLY PREDICTION & TRADING TIPS FOR 18 APRIL TO 22 APRIL 2022

Type

R1

R2

R3

PP

S1

S2

S3

Classic

18,066

18,347

18,580

17,833

17,552

17,319

17,038

Fibonacci

18,030

18,151

18,347

17,833

17,637

17,515

17,319

Camarilla

17,831

17,879

17,926

17,833

17,737

17,690

17,643

GET THE BEST TRADING TIPS ON YOUR WHATSAPP !!!! FOR THE DETAILS WHATSAPP  YOUR NAME & SEGMENT ON 9039542248









The shortened week started on a weak note on 11 April 2022, which was based on the global stock exchanges. The benchmark Nifty50 index moved in a narrow range throughout the session, indicating market participants are cautious. The index ended the lackluster day in red, down 0.62% to settle slightly below the 17700 level. The Indian stock market got a muted start on Tuesday, gapping lower, following weak global signals. Benchmark index Nifty50 tumbled below the crucial 17500 support zone in initial trading and remained range bound for most of the session. There was some sort of recovery at the bottom of the tipping point that helped the Nifty bounce slightly, but a correction set in soon after. Finally, the index ended the day just above the 17500 level, down 0.82%.Market ended lower for the third consecutive session on April 13 on the last trading day of this week with Nifty below 17,500.At Close, the Sensex was down 237 points at 58338, and the Nifty was down 54 points at 17475. Though the global markets have already factored higher levels of inflation owing to high fuel and food prices, the unfavorable numbers dampened investor sentiments. The ECB policy decision will be closely monitored for direction on how the Central bank plans to balance slowing growth and record-high inflation. With the onset of the earnings season, the market is likely to be buoyed by sector specific momentum.

NIFTY: A STRONG SUPPORT WILL BE @ 17400; STRONG RESISTANCE LEVEL SEEN @ 17800

Currently, the 17400 level should be closed as any decisive close below it could dampen the inherent bullishness in the market. Placing the index above its significant exponential moving average could be seen as a last resort of relief for the bulls. Meanwhile, the earnings season is expected to play a crucial role in the short-term trend movement. Currently, the index placement on the chart shows the lost traction due to the shortened week followed by the earnings season. However, the market undertone is likely to remain in favor of the bulls until 17400 level remains intact. Looking at the recent price action in the index, 17600 is expected to act as a buffer for any decline, followed by the 17400 level's sacrosanct support zone. On the contrary, the bullish momentum was seen once the critical 17900- 18000 was decisively breached. 

TECHNICALLY SPEAKING

Nifty has experienced profit taking and tested the first line of defense i.e. H. 20 EMA. Signs point to a recovery on the weekly monthday; However, the upside may also remain limited. According to the derivative data, the 17700-17800 zone is holding a strong resistance for the day while 17600 would act as a cushion. Participants should consider a buy-on dips approach. The NSE Nifty 50 Index can trade in the 17400-17700 range. Nifty ATM options implied volatility also suggests little volatility on either side of this range in the monthly session. The opening minutes of the session show that the 17600 saw high put writing activity. On the other hand, on the upside, call writing is seen at the 17700 and 17800 levels, although the maximum call OI is at 18000. In any case, given the very high amount of call OI at 17700-17800, the tops from current levels will remain limited and markets could spend the day in sideways movement as far as intraday moves are concerned. India VIX, a market volatility indicator often referred to as a fear gauge, is currently trading at 18.25%, down from 19% last week. The Nifty ATM options implied volatility for the current series is 15.90% as opposed to 18.23% last week, indicating low volatility on both sides during the monthly session. Nifty OI distribution of put options shows that 17500 has the highest OI concentration followed by 17400 and 17300 which could serve as support for the current month and on the call front was 17600 followed by 17700 and 17800 , witnessing significant OI concentration and may act as resistance for April 21, 2022 expiry. On the weekly options, call writing was seen at 17,600 strikes followed by 17,700 & 17,800, while on the put side, notable writing activity was seen at the 17,500, 17,400 & 17,200 strikes. Options data points to an immediate range between the 17800 and 17300 levels.

Wednesday, April 13, 2022

BANKNFITY PREDICTION & OPTION CALL PUT TIPS FOR 18 APRIL TO 22 APRIL 2022

Type

R1

R2

R3

PP

S1

S2

S3

Classic

38,024

38,300

38,680

37,644

37,368

36,988

36,712

Fibonacci

37,895

38,050

38,300

37,644

37,394

37,239

36,988

Camarilla

37,808

37,868

37,928

37,644

37,687

37,627

37,567

GET THE BEST TRADING TIPS ON YOUR WHATSAPP !!!! FOR THE DETAILS WHATSAPP  YOUR NAME & SEGMENT ON 9039542248

   

The Bank Nifty index saw fresh short position built up in the future segment indicating weakness. The index however is stuck in a broad range between 37,000-38,000 and a breach on either side will result in trending action.  The index if breaches the level of 37,000 next week will open room for further downside towards 36,000 level. 
Banknifty points to an immediate trading range between 37500-38500 levels. The Banknifty is unlikely to break above 38500 in coming week expiry 21 dec 2022, thus advising investors to wait for a dip around 37500-37800 or a break above 38200 to go long. For the banknifty , we suggest taking a buy-on-dips approach. Very high call writing is seen at 38200 levels on the Bank Nifty front. This level also has the maximum Call OI accumulation. As such, Bank Nifty is unlikely to go beyond this point. On the downside it has support at 37500 for the next week . Bank Nifty has proved resilient given recent profit taking; However, crossing the 38500 zone would be difficult in coming week . On the downside, the 37500 level has a maximum PE OI, so this zone would act as immediate support. Participants should wait for a dip around 37600-37700 or a breakout above 38000 to go long. The Bank Nifty Put Options OI distribution shows that 37500 has the highest OI concentration, followed by 37200 and 37000, which could act as support for the current expiration, and on the call front, 38000 showed, followed by 38500 and 39000, a significant OI concentration and could act as a drag. On the weekly options of 21 april 2022 expiry , call writing was seen at 38000, 38200, and 38500, while on the put side, it was seen at 37000, 37200, and 37500. Options data showed an immediate trading range between 37000 and 38000.