Banknifty looking for pullback Target 39480 Sl should be 39000. This is only a pullback.
Banknifty looking weak. May touch 39384 Levels today.
Banknifty looking to hit 39540 39400 Call trading around 70 may double.
Banknifty is looking good for short. Target should be 37700. and SL should near 38170. Only valid for intraday,
Nifty may face resistance at 17570. Nifty support area is 17000. Nifty is likely to consolidate between this range.
Safest Expiry Range for this expiry. Best possible Trade is to create Strangle. Combine Premium 28. Break even 15630-16630. Max Profit on one lot 1400
This stock is squizzing from top. It may create upside momentum upto 270-280.
ABCD Pattern activated on hourly timeframe. For little more confirmation we need to wait for 1030 level. Above 1030 we can see 1070 in Cummins India. I am expecting it to reach target in 1-2 Trading session i.e. till 06/07/2022.
Intraday View : - Bearish Entry Below : - 1190 Target : - 1036
Nifty Expiry View 30_06_2022 Range 15750-15850. On Upside breakout we can see 15950 levels On downside breakdown we can see 15570 levels.
Intraday View : - Bearish Entry : - Below 2730 Target : - 2650
Intraday Stock SRTransfin View : - Bearish Entry below 1217 First Target : - 1198 Second Target : - 1175
I expect Nifty to trade between 16320-16490. May be Sideways Expiry tomorrow. Not much action. I am planning my trades accordingly. I will sell strangles as tomorrow will be highest theta decay.
16400-16800 Range for Nifty Now. We can see 200-300 points rally on either side break out. 16800 is Strong Resistance. 16400 become good support Now. Perfect Place for Strangle. 16800 - 16400 Range. Last Idea Target is Nearly done.
Selling in Nifty may be over. Nifty should not breach 15750 on lower side. My view is in the next month you can see Nifty heading towards 16900, 17000. Logic : - 1) Double bottom seems to be formed. 2) 16400 Resistance is becoming weak as it tested multiple times. 3) There is Two Red Candles in Nifty Monthly Chart. Very rarely Nifty formed three or more red...
As we all know from SGX Nifty, Nifty probably going to open Gap Down near 15980-16000 level tomorrow. Nifty may see up move up to level 16080. Here Put writers on 16000, 16100, 16200 will try to exit and we may see big Fall towards level 16000, 15900, 15800 and Finally 15700. This idea will fails if Nifty opens above 16100 tomorrow. Best Level to enter short will...
If Market Open Gap Up Tomorrow above 33500-33600. Then Big Short Covering move may come upside. Just a View for Observation. View Valid only if Bank nifty open above 33500-33600. I am Expecting positive market on Monday. If Bank nifty opens Flat or Gap down then ignore.
Dr Reddy Consolidating in Short Range since last 6-7 Trading Session. On Break out of this Range and Daily closing above 4390-4400 may take this stock up to 4600-4700 Levels soon.