Avani B

Quant & Derivative Analyst ASK Asset & Wealth Management| Yoga instructor & a passionate Mountaineer|
Views are personal for educational purpose

[Avani B @AB_Optstar]

Debut on @CNBCTV18News @CNBCTV18Live with @Nigel__DSouza @_soniashenoy on the show #chartbusters

A big thank You for this opportunity!!

Happy that the view shared played out exactly as expected. While seniors were benched, younger gen kept the party alive...

[Avani B @AB_Optstar]

Dear X'ites, its time to switch from tracking volatility to tracking heights.

Am gonna be away on an expedition for the next 15days. Network will be sparse so limited access to markets as well.

Fresh updates post 25th Jun. Till then play safe- stay safe

[Avani B @AB_Optstar]

🧵 Intraday range: 23150-450

➡️ Sell on sustenance below 23250 on 15min tf. Tgt 23100/040 SL 23350

➡️ Positional: Around 23350-450 area, Buy 30Jun 22800 PE as a hedge against long portfolios with a SL abv 23700

[Avani B @AB_Optstar]

#Nifty50 08Jun

Failure to give weekly close abv 23550 keeps Nif vulnerable to breakdown

Close below 23150 will open doors to 22200 with pitstops & intermediate D-🐈-B from 22800 & 22500 levels

On the upside, stability & hopes of recovery only on close abv 23550

🧵

[Avani B @AB_Optstar]

#Nifty50 05Jun

Same range, same view, same approach..

No trading bet 23100-600

Weekly close needs to be abv 23550 for hopes of stability

Selling aggresion likely to intensify for 1K pts fall in case close below 23150

😇 Money saved is money earned. Avoid compulsive trading

[Avani B @AB_Optstar]

🧵 Close below 23150 will open up doors to sub 22200 area with minor stopovers at 22800 & 22500

Intraday range: 23260/150- 23560/620/740

➡️ As indicated yest, compulsive trading is dangerous. Its a no trading zone.
Best to avoid trading within 23100-23600 area

[Avani B @AB_Optstar]

#Nifty50 04Jun

LH-LL on daily charts- a slow grind on downside is more damaging than 1 deep cut. 1st sign of some stability will be a close abv prev day’s high. Till then Nif will remain vulnerable to repeated sell-offs
🧵

[Avani B @AB_Optstar]

@Dappu_Bhaskar Waking up too late

[Avani B @AB_Optstar]

#Nifty50 03Jun

Intraday range: 23285/150-23600/740

Today could be another indecisive directionless volatile trading day...

Compulsive trading can be fatal.
Some days are best to rest 👍

Watch out this space for any intraday Actionable developments...

[Avani B @AB_Optstar]

@Dappu_Bhaskar True. An imp issue unlikely to find a linear solution. Negotiation is going to be messy

[Avani B @AB_Optstar]

#Nifty50 01Jun

Jun begins on a fearful note after Friday's fierce selling on closing hours. However parameters indicate a higher probability of a gradual recovery

Weekly range: 23350/200-24200

Intraday range: 23440-700

➡️ Buy on dips to 23440+/-20Pts.
Tgt 23700 SL 23350

[Avani B @AB_Optstar]

#Nifty50 02Jun

Intra range 23300/260-23475/550

Sustenance below 23260 on 15mins tf will trigger a drag in Nif down to 23100/050

Crucial to reclaim close abv 23600 for stabilising & resuming a gradual recovery path

📍For d day, expect extreme volatility within mentioned range

[Avani B @AB_Optstar]

@NarendraDadhi17 Thank You Narendra ji 🙏

[Avani B @AB_Optstar]

A week happens in a day...
Nifty 23550 ✔️✔️

[Avani B @AB_Optstar]

#Nifty50
Peak indecisiveness...

Intraday range 23800/720-24k/24040

Weekly close below 23800 will warrant a re-test of 23550/400 levels next week
As long as Nif close is maintained abv 23800, hopes of recovery alive.

Long Momentum only abv 24200

📍Stay light over the weekend

[Avani B @AB_Optstar]

@Piyushkatariya3 Options pricing is based on futures & not spot. Futures are trading at a 200 points premium to spot. Chk out the closing (23748 F / 23547 S). That's why 24K PE traded at nearly 300 only.

[Avani B @AB_Optstar]

#Nifty50
Peak indecisiveness...

Intraday range 23800/720-24k/24040

Weekly close below 23800 will warrant a re-test of 23550/400 levels next week
As long as Nif close is maintained abv 23800, hopes of recovery alive.

Long Momentum only abv 24200

📍Stay light over the weekend

[Avani B @AB_Optstar]

@reddy_yms Absolutely. Hope his term ends sooner then scheduled

[Avani B @AB_Optstar]

#Nifty50 27May

Trump & Trust never sail in same boat..
Peace negotiations merely on paper while ground realty is damagingly diff

Closing hour Sell-off dents +ve structure
Hope of recovery only as long as 23800 closing is maintained

Intra 23800/680-24040/100

📍No c/f trades

[Avani B @AB_Optstar]

#Nifty50 26May

Much awaited breakout abv 23850
Continuation of upmove with some back & forth price action as long as 23800 holds on closing

Intraday swing range 23920/800-24060/200

Wexpiry range 23900-24130

➡️ Buy abv 24060 if sustains on 15m tf
Tgt 24130/200 SL 23990

[Avani B @AB_Optstar]

#Nifty50 25May

Weekly range 23550/400-24200/400

View: +ve. Close abv 23850 will trigger a short-covering rally to 24200/400 this week. View negates only on a close below 23550 in which case Nif will get into consolidation again.

Intraday range: 23650/580-23970/24040

[Avani B @AB_Optstar]

Mkt Outlook 22May

Flat closing- no change in view

Crucial for #Nifty50 to sustain abv 23840 for continuation of upmove

Intraday range 23520/450-23840

#Banknifty 53250/020- 54150/400

👀 on #IndiaVIX. Close below 18% is good news. Any move abv 18.8 will be a risk of sell-off