Market View 29 Nov
▶️ Nifty had Trend Down day after facing rejection from 24350 zone. With start of new series there can be morning pullback till resistance zone of 24100.
▶️ Nifty Sustaining below 23900 Spot will keep Pressure on Market for 300 point slide to 23600
▶️ Today is important Day to watch weekly, monthly closing and with FII sold more than what they bought in start of week, FII Selling Trend remains intact. Nifty Oct Low 24073, Nov Low 23263
▶️ Nifty will be only NSE Weekly Expiry instruments going ahead highest call OI at 24500 and Highest Put OI at 24000, with ATM Straddle of 24050 at 361
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This is one my top trade setup, I used to trade live in #OTP and all my users are good friend now, Good Old days.
Читать полностью…https://youtu.be/pdVRXuaYpDs
Goodtime to revisit my weekly view, I shared exact same levels. Even stocks worked out, DO let me know in comments
BANK NIFTY is approaching very very crucial zone 52500-52600, not sure whether should we trust this move, without volume, should we be ready to buy at higher levels, if we wait, or get ready to stopped if buy here. All in all index is going to be tough zone here. I personally think we should wait, avoid.
Читать полностью…Market View 28 Nov
▶️ Nifty with monthly expiry session, expecting a volatile session around previous 3 session Range
▶️ Session can both breakdown or breakout of 3 session range with 300 point day, with broader range in 23950 and 24600
▶️ Nifty below 24140 will lead on downside for 24000 and above 24400 can attempt for 24550.
▶️ IT remains the leading momentum sector when Auto is in pullback mode.
▶️ Nifty monthly Expiry OI, highest call OI at 24500 and Highest Put OI at 24000, with ATM Straddle of 24300 at 144
### BANKNIFTY
▶️ Banknifty coninutes facing hurdle between 2 gaps of range breakdown 52500-52900 and support of this breakout of 51300-51800
▶️ The expiry session kept the tussle on and expect the index to be volatile and attempt to fill upside gap.
▶️ HDFC bank and Icici Bank is leading strength and with round strike monthly closing of 1800 and 1300, can expect some volatility in the stocks if calls starts getting covered.
https://shorturl.at/Xaa1x
Market View 27 Nov
▶️ Nifty can pause for today another session in the 2 days range and to continue consolidation between 23900 and 24500
▶️ With Banknifty Expiry today, index can remain calm after FinNifty Expiry to continue consolidation.
▶️ Nifty need to closed above 24073 in the week of previous month low to keep bullish strength.
▶️ IT remains the leading momentum sector when Auto is in pullback mode.
▶️ Nifty monthly Expiry OI, highest call OI at 24500 and Highest Put OI at 24000, with ATM Straddle of 24200 at 211
▶️ Banknifty facing hurdle between 2 gaps of range breakdown 52500-52900 and support of this breakout of 51300-51800
▶️ The Tussle between 51600 and 52600 on monthly expiry can keep index calm for morning session and volatile into closing session
▶️Axis Bank remains at lower end of range when HDFC Bank and Icici Bank is supporting index on upside.
▶️ BankNifty Monthyly Highest Call OI at 53000 and Highest Put Oi at 52000 and ATM straddle of 52200 at 393
https://shorturl.at/CUfu0
FII DII DATA
FIIs Buy ₹1,157 cr (Buy 10,971 - Sell 9,813)
DIIs Sell ₹1,910 cr (Buy 8,406 - Sell 10,317)
in equities today
FII Net buyer for 2nd Day of the week
BANKNIFTY
▶️ Banknifty remains in trend strength as it sustains above 51500 and is aiming for 52500 -52800 zone.
▶️ HDFC Bank at All Time High, with MSCI 2B$ inflow in rebalancing has made FII also buyer after 27th September, followup of builidng longs and covering the short will resume there buying in markets.
▶️ FinNifty has monthly expiry today and can keep morning range volatile for markets with highest Call OI at 24500 and Highest Put OI at 24000, ATM Straddle of 24100 at 206/
▶️ BankNifty Monthyly Highest Call OI at 53000 and Highest Put Oi at 52000 and ATM straddle of 52200 at 570
https://shorturl.at/D4Vtf
FII DII Data
FIIs Sell ₹11,756 cr (Buy 10,796 - Sell 22,552)
DIIs Buy ₹8,718 cr (Buy 17,685 - Sell 8,967)
in equities today
Folks lets wait now, we have had good day so far, not cause of profit, but because we avoided this volatile day. Lets take a breather now and review at important juncture, NIFTY may pullback, and above 24040 we may see some more recovery. Protect your profit and wait for next good entry.
Читать полностью…NIFTY is at very inflection point, if does not stop then free fall, small bounce chance, keep small position as lot size is bigger now.
Читать полностью…Indian markets are officially worst satta bazaar, totally rigged. Sab ko dabbe mein lene ke baad badhana and sabko chadhane ke baad girana. Local punters are smartest operators around.
Читать полностью…BANK NIFTY is still stronger but all of a sudden 700 points crack difficult to withstand if further profit booking comes.
Читать полностью…IMPORTANT
Those who have not traded monthly options ever, should get used to bigger premium bigger SL and hence quantity should be reduced.
Seems like day of consolidation, we have been avoiding participating in such dull market phase. My view its going to get very difficult to trade for next 10 days, simply cause no immediate trigger, FII have tuned buyer, range on chart. Trade stock specifics, avoid breakout, buy at support range, avoid big positions.
Читать полностью…Both Nifty and Banknifty is just consolidating in previous 2 days range tightly as highlighted
Читать полностью…Market Closing
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Ban Updates
👉New in Ban:Hindcopper above MWPL
3 Stocks Already in Ban
Aarti, GNFC, Granules
All stocks to come out of ban
Market View 26 Nov
▶️ Nifty has entered in previous consolidation range of 24500 and 23950 which can remain as range for reconsolidation.
▶️ Nifty sustained above 24000 and will keep market it in strength and break of 23900 will bring pressure.
▶️ With monthly closing this week, Nifty need to closed above 24073 previous month low to keep bullish strength.
▶️ Nifty monthly Expiry OI, highest call OI at 24500 and Highest Put OI at 24300, with ATM Straddle of 24300 at 273