Nifty Short Term View (22-Sept-2020)

 NIFTY ON 22-SEPT-2020 On the short term basis Trading at support Levels, Till Nifty Future Hold levels of 11090, One Can See some buying in the Market and Nifty Fut Can Head Towards 11250-11300 Levels. 

Once Nifty Future Closes below 11080 We may see sharp correction in the Index future, So As per the Technical Chart Structure Today low 11103 may act as make or break levels. Keep A close watch on the Index moves.

This Post is for Educational purpose, Kindly consult to your Financial adviser before taking any buy or sell decision.

POSITIONAL CALL: SELL BANKNIFTY

We Recommend to Sell Bank Nifty, Seen Bull Run after elections in India, Now we may see some correction in Banking Sector And Hence we Recommend to sell Bank Nifty.

POSITIONAL CALL:

SELL BANK NIFTY @15240-15300

WITH TARGET PRICE @14000- 14200 KEEP SL OF 15700

Nifty Previous Week Performance (3-Oct-2013)

Recommended buy Nifty Spot On 28-Oct-2013 Monday On Dips and Above 6220. Nifty Made a High Of 6332.60 Target 2 Achieved. @6300 Hope you Booked Superb Profits.

Trading Strategy For The Week Was as Follows

1. Buy NIFTY @6080-6090 TGTS 6250/6300. 

2. Buy NIFTY Above 6220 TGTS 6250/6300

Click Here to See Nifty Call

We Provide True Research and There is Nothing Like Premium call, Don't Miss Call

All Our Research and Calls are Trades on which we personally have taken Positions.

NIFTY SPOT (28-OCT-2013)

NIFTY SPOT (28-OCT-2013)

Nifty Index is Trading near to its all time Highs. Bulls are in and Hence Buying at any Major Supports Will be Recommended. Immediate Strong Support @ 6080-6090. Immediate Resistance @6210-6220

Trading Strategy For The Week

1. Buy NIFTY @6080-6090 TGTS 6250/6300

2. Buy NIFTY Above 6220 TGTS 6250/6300

NIfty Option call

Buy one More NIFTY 5300 Put 27-SEPT 2012 at Rs5.

Average Rs17 +5= Rs23*50= Rs 1150+ Brokerage

As Told On 12th-SEPT-2012 Nifty Will Face Ultimate Resistance at 5630.

And Today On 17th-Sept-2012 Nifty is Bouncing Back from 5630-5640 Levels.

Click Here to Read More.

Nifty Can See a Profit Booking So We Bet to Short Nifty with S/L if Nifty Trades above 5700.
Nifty Trading Above Bollinger Bands
RSI is Highly Over Bought
CCI is Also Highly Over Bought
Have a Look:

Nifty Today

NIFTY FUTURE :
Currently in SIDEWAYS trend . Yesterday the trend was STRONG BULL LOW VOLATALITY In Sep series Nifty future added 14.59 lakh position in Open Interest and this accounts to 7.24 % of Total Open Interest in Sep series.The Nifty Sep series is trading at 7.25 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net added 20.24 lakh position in open interest and this accounts to 8.89 % of Total Open Interest in all series and cumulatively trading in average premium of 33.22 Rs to Underlying. The open interest is also increasing with trend 


NIFTY OPTIONS:
In options activity mainly confined to lower puts even though put/call ratio is high At current price strike the activity is tilted to call side but writing of Put is slightly increasing at 5500 level The Nifty call option is trading at discount so sentiment at higher level seems cautious The Nifty Put option is trading at premium so market is expecting bearishnes Yesterday Nifty Put option has added 784.59 lakh position and Nifty call option has added 713.16 lakh position in open interest on cumulative basis Moneyflow wise Nifty Put option has added Rs 56.25 crore in value and Nifty call option has shed Rs -100.71 crore in value on cumulative basis

Nifty Futures and Option

NIFTY FUTURE: 
CMP(5446.95) is currently in BULL trend . Yesterday the trend was STRONG BULL LOW VOLATALITY In Sep series Nifty future added 5.51 lakh position in Open Interest and this accounts to 2.99 % of Total Open Interest in Sep series.The Nifty Sep series is trading at 15.95 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net added 6.09 lakh position in open interest and this accounts to 2.99 % of Total Open Interest in all series and cumulatively trading in average premium of 42.4 Rs to Underlying. The open interest is also increasing with trend

NIFTY OPTIONS;

In options activity mainly confined to lower puts even though put/call ratio is high At current price strike the activity is tilted to call side and writing of call is increasing The Nifty call option is trading at discount so sentiment at higher level seems cautious Yesterday Nifty Put option has added 728.01 lakh position and Nifty call option has added 689.77 lakh position in open interest on cumulative basis Moneyflow wise Nifty Put option has added Rs 27.09 crore in value and Nifty call option has added Rs 4.66 crore in value on cumulative basis

Nifty Levels To be Watch Out Next

Nifty Views:

5460 Strong Resistance For Nifty. If Closes
Above 5460 Next Resistance is 5500-5510
and After That 5630 ultimate Resistance.

Nifty formed Classical Inverted Head and Sholder Pattern, if Crosses 5460-5470 will be Pattern breakout

Nifty Option Call

Buy NIFTY 5300 27 SEPT 2012 PUT @17 Till Expiry.
Target @40  StopLoss- Hold till Expiry.

Investment Rs17*50= Rs850/- + Rs100 brokerage= Rs950/-

Nifty 10-Sept-2012 Trading Plan

Nifty Took Support and Bounce backed
but a gap up opening Gives a Chance to Short Nifty with S/L 5370.

Monday Trading Plan For Nifty:

Todays Calls

Good Morning,
07-Sept-2012

Todays Call:
1. Long ICICI Bank @928 Target 935 S/L 922
2. Long BOMDYEING @440.9 S/L 436 Target 447

3. Short ABAN OFFSHORE Below 421.5 S/L 426 Target 415
4. Short LUPIN Below 608.5 S/L 612.5 Target 600.



As you can see we suggested to be long on Nifty Yesterday. And told that Nifty is Trading near support Levels and can bounce back from support levels of 5230 and Today Nifty is Up more than 1%......
On 6th-Sept-2012:

Nifty Positional

1. One can Expect Bounceback from These Levels .
2. You can Take Position In two Ways with Stop loss as suppot line.
3. If Nifty Breaks Support Take Short Position Or If Bounce back Take a Long Position.