#Nifty#Nifty50
Nifty opened strong, as long as 23900 is protected, up-move should continue,
23970, 24000, 24030 immediate resistance levels, 23900-24030 important consolidation range for the day.
#OptionsTrading#NiftyOptions
#BankNifty#NiftyBank
Automated Strangle Engine, closed the day with some gains. If we calculate day's gain with margin blocked for this open trade, it is well above 1.2% on day 1, without any adjustments.
The system is scripted / programmed to adjusts on the basis of volatility, and settle s.loss / book profit on its own, using pre defined rules.
#Nifty #ShiftToLowRisk
Is it sectoral rotation, investors booking profits in Semiconductors and moving towards other sectors.
This can be good for India as there are not many listed semi conductor or AI companies with major weights in broad indices.
#Nifty#NiftyIT#BankNifty#SEnsex
#Nifty#Nifty50#OptionsTrading#Stocks#stockmarkets#BREAKOUTSTOCKS
Options data improved in favor of long side traders, today. Selling seen above 19800 once again, if there is a breakout tomorrow, there will be substantial shortcovering. 19660 major support.
Based on Friday closing, we can expect BankNifty to correct some more, weakness will be confirmed the moment it moves below Friday's low i.e., 35260. Shorts side trades can be initiated based on exit plan mentioned in the chart.
#BankNifty#NiftyBank#OptionsTrading#daytrading
Thread by @i2gain: #BankNifty has been moving within the broad range for some time, but it is perhaps at weakest level since it entered this range on May 23rd. #niftybank#nifty#nifty50 Join https://t.co/RqURG4Ejz9 for detaile...… https://t.co/cwLnLEM9sU
#NIFTY#Nifty50
Trading near the lower boundary of the rising regression channel since March 2020 low,
Under a normal distribution, roughly 68% of closes fall within one SD, 95% within two and 99% within three.
#sensex#OptionsTrading