I am trying to be empty to take all lessons from experts. Not sebi registered, only opinions for paper trading. Lessons:Risk management is better than anything
Potentially #banknifty and #niftyIT both can fall 8% and will make sure to pull down #Nifty to new lows near 15.5 or even 14.5k, if not global cues will bring down nifty to 52 week low near 15500
#nifty50 's freeflow fall into bear channel (thnks to RBI) , Only DII and retailers will need the courage to break all option chain resistance, Otherwise, NSe will not remain investor-friendly rather it would remain as derivative's market (Until FI keeps funding in derivative)
@PRSundar64
On May 5th mentioned the levels 15000 on #nifty now it reached those levels, today I am seeing a huge warning from many midcap stocks which reached 52weeks high falling -15%
This is high time alarming that the damage of #StockMarketindia#nseindia just started
Potentially #banknifty and #niftyIT both can fall 8% and will make sure to pull down #Nifty to new lows near 15.5 or even 14.5k, if not global cues will bring down nifty to 52 week low near 15500
#Nifty Flourish even when FII sold 2200 crores. PCR>1.1 may do wonders. Perhaps Retailers today won against option players pressure. new strong support is 16K, 21sma/OI data strongly resist near 16.45K , Future bullish view needs 17K breakout as per my post below on 25th April
#nifty#nifty50 strong support at 17000 (OI data),16500 if broken due to dow or global panic then bears are ready looking at 15k, Major resistance is below 17900 fr next few weeks
#nifty#nifty50 strong support at 17000 (OI data),16500 if broken due to dow or global panic then bears are ready looking at 15k, Major resistance is below 17900 fr next few weeks
#nifty50 surprisingly option data shows 16000 become new support now and 16200 minor resistance, if 16200 calls are heavily bought further Thursday can end up below 16190,last three days high resistance had passed already safe for bulls for shorter period until holding 16k
#NSE#nifty50 Yesterday Noted levels worked out perfectly between 16k to 15.75k safely not breaking previous lows, giving an uncertain hope, Call options are heavy and put pcr ratio(support) is way weaker, need to wait and watch if 15500 can be broken down easily to 14500 or not
On #nifty#nifty50, LIC Ipo impact? If so far FII/DII just hold the market before big sell off, now they will be ready to sell huge when break 15700, my below post on 25th April mentioned 15k, now market needs a long term trend line support(better if it hits 13700 and bounce up)
#nifty#nifty50 strong support at 17000 (OI data),16500 if broken due to dow or global panic then bears are ready looking at 15k, Major resistance is below 17900 fr next few weeks
#NSE#nifty50 Yesterday Noted levels worked out perfectly between 16k to 15.75k safely not breaking previous lows, giving an uncertain hope, Call options are heavy and put pcr ratio(support) is way weaker, need to wait and watch if 15500 can be broken down easily to 14500 or not
#Nifty50 Since April 29 my view the biggest range bound is bw 17900 to 15500, there is a small support at 15500 for 19th May Expiry, 16k is strong resistance, call it as minor range bound 16k to 15.5k for some days, If break down <15.5lvl, easy slide to 14.5k, Head&S pattern
#Nifty50 Since April 29 my view the biggest range bound is bw 17900 to 15500, there is a small support at 15500 for 19th May Expiry, 16k is strong resistance, call it as minor range bound 16k to 15.5k for some days, If break down <15.5lvl, easy slide to 14.5k, Head&S pattern
#nifty50 's freeflow fall into bear channel (thnks to RBI) , Only DII and retailers will need the courage to break all option chain resistance, Otherwise, NSe will not remain investor-friendly rather it would remain as derivative's market (Until FI keeps funding in derivative)
#nifty50#nifty Not a wow moment but I had been looking forward for this for last few weeks, Given the global markets and investor confidence coming down, my one observation in this pandemic that Funds got overflow into market during September2020,now no more funds coming inward
Yet again American markets fall 4%, #cryptocurrency fall 10%, #nifty major support? Every week derivatives expiry will give fresh unconvincing supports, every 200 points up will resist every 500 down will support, 16k 15k 14k oh no!! call option buyers going to be trapped, #nse
American Exchanges fell down sharply 4% and bringdown all Indian ADR listed NYSE 4% crash, #cryptocurrency falling 7%, Indian markets #nifty50#banknifty#nifyIT in a downtrend, Bulls have to hide. Heavy call option open interest last few days confirms support side weaker.
#nifty50#nifty Not a wow moment but I had been looking forward for this for last few weeks, Given the global markets and investor confidence coming down, my one observation in this pandemic that Funds got overflow into market during September2020,now no more funds coming inward
#nifty50 's freeflow fall into bear channel (thnks to RBI) , Only DII and retailers will need the courage to break all option chain resistance, Otherwise, NSe will not remain investor-friendly rather it would remain as derivative's market (Until FI keeps funding in derivative)
American Exchanges fell down sharply 4% and bringdown all Indian ADR listed NYSE 4% crash, #cryptocurrency falling 7%, Indian markets #nifty50#banknifty#nifyIT in a downtrend, Bulls have to hide. Heavy call option open interest last few days confirms support side weaker.
#Nifty#nifty50 Strong Resistance 16950 and 17000, #Banknifty Resistance 35900,
Support at 100 points below, as per OI data. Earnings data keeps market slightly up today but from 2pm FII will keep the trend at resistance, tomorrow we will see markets free from options pressure.
#Nifty#nifty50 Strong Resistance 16950 and 17000, #Banknifty Resistance 35900,
Support at 100 points below, as per OI data. Earnings data keeps market slightly up today but from 2pm FII will keep the trend at resistance, tomorrow we will see markets free from options pressure.
#nifty50 's freeflow fall into bear channel (thnks to RBI) , Only DII and retailers will need the courage to break all option chain resistance, Otherwise, NSe will not remain investor-friendly rather it would remain as derivative's market (Until FI keeps funding in derivative)
#nifty50 's freeflow fall into bear channel (thnks to RBI) , Only DII and retailers will need the courage to break all option chain resistance, Otherwise, NSe will not remain investor-friendly rather it would remain as derivative's market (Until FI keeps funding in derivative)
#nifty50#Nifty#nse from my previous post nifty travels positively after testing lows, fresh start after monthly expiry, FII started adding, Nasdaq +3% can help #NIFTYIT, if nifty don't get out of 17900 in this +ve Run, might retest 15k
American stocks turned green after FED speech, Although Indian ADR listed are acting positively, SGX nifty going green, but #nifty50 Tomorrow's expiry 17k lvl tough resistance. FII may keep selling and jump to NYSE as American exchanges had enough correction
#nifty50#Nifty#nse from my previous post nifty travels positively after testing lows, fresh start after monthly expiry, FII started adding, Nasdaq +3% can help #NIFTYIT, if nifty don't get out of 17900 in this +ve Run, might retest 15k
Hopes are getting down every session, Seems FII started selling yet again
, #nifty50#Nifty#nseindia, if they buy back, then nifty will close positive,
And Covid grip is not yet over in China, India"s covid is increasing
#nifty50#Nifty#nse from my previous post nifty travels positively after testing lows, fresh start after monthly expiry, FII started adding, Nasdaq +3% can help #NIFTYIT, if nifty don't get out of 17900 in this +ve Run, might retest 15k
#nifty50#Nifty#nse from my previous post nifty travels positively after testing lows, fresh start after monthly expiry, FII started adding, Nasdaq +3% can help #NIFTYIT, if nifty don't get out of 17900 in this +ve Run, might retest 15k
#nifty#nifty50 strong support at 17000 (OI data),16500 if broken due to dow or global panic then bears are ready looking at 15k, Major resistance is below 17900 fr next few weeks
#nifty#nifty50 strong support at 17000 (OI data),16500 if broken due to dow or global panic then bears are ready looking at 15k, Major resistance is below 17900 fr next few weeks
After RBI's rate decision Volatility, India vix is below 18(pivot) after longtime, I redrawn Bull channel looks #Nifty50 is stronger with engulfing bull on Friday closing, + #Banknifty#NIFTYIT both needs to perform( BNF/IT are major weightage) Trading is all about revise viewsπ
#nifty50 Wow moment is coming tomorrow for Indian #StockMarket, Global cues are green, #SGXNIFTY is performing well, 200,50,100sma passed, 21sma bullish,if nifty is green 1 more day, it can reach 18200 lvl easily, many stocks will outperform, meanwhile π please stop FII bears.
Portfolio short term is stronger when #nifty is under pressure fourth consecutive day, holding stronger as far as nifty between 17600 and 18100.
#StockMarketindia π
My portfolio short term is stronger when nifty is under pressure third consecutive day, these are not random, I have followed strict technical analysis and most if it are recovery stocks from recent consolidation. #nifty#nseindia#StockMarketindia