NIFTY TREND

 Nifty has been making higher high week after week.  Most of the nifty 50 pack scrips are trading above 200 DMA and still moving up. This is mainly due to too much of liquid funds available in the system and all the sectors are supporting the index on a rotation basis. 

Bank nifty has just crossed 30,000 last week and there is still more move possible in the same as we have seen 33,000 level when nifty was at 12430 in January 2020.  

We may probably cross 14,000 by 24th December 2020. 

Do not short the index as the bullish trend is intact. 

When you see nifty trading near 13675 today, buy it with a SL  at13550 for a target of 14025  

Good Luck! 

NIFTY TREND

 Today we expect good swing on both the sides. 11405/11515 are key numbers and breaking any of these number should give 100 + points move on up or down side. Trading range is 11305-11605.

Good luck!

CIRCULAR

 

OPTION RYDERS

A unique scheme is offered for investors who can afford Rs 10,000 as initial investment to  do only 5 steps to earn Rs 320,000/-.  Members  should join the group on or before   20.00 Hrs on 30^th August 2020. There can be no entry into the scheme after this date as the count down starts for 5 steps immediately.

Duration of the Scheme : The scheme duration is approximately 3 months from 30^th August 2020 ending on 30^th November 2020 or 60 trading sessions whichever is greater as we pick only sure trades. Once 5 trades gets completed, the scheme automatically closes and the members will be informed by messages.  

Entry : Every individual above 21 years of age, who are Indians, eligible to make investment in equities, derivatives can participate in the scheme.  You can choose any low cost broker like Zerodha etc where is substantial savings in the cost is possible. The choice is left with investor and we do not recommend any specific brokerage firm.

Mode of communication : Normally messages are given through Whatsapp and every individual gets message about the trade, with buy price, SL, Target mentioning the Strike Price specifically.

Advisory Charges : The first trade is absolutely free for the members who join the whatsapp. But from second trade onwards, members should pay the advisory charges mentioned against the step in advance to pick the trade.

All are expected to be vigilant and pick the 5 steps trade without skipping any one step. We should not be held responsible for your lapses and not picking the trade. Your duration gets extended as your 5 trade may get slightly delayed. Always keep strict SL and trade. Similarly keep trailing with SL order when the prices are moving up.  We do not peep into your trading account and your investment. What we do is a kind of service where your 10,000 becomes 320,000 – 32 times in 3 months. You part with me 60,000 as advisory charges. Still you are left with 260,000 which is 26 times.

 We do not get in to your quantum of investment as the scheme is intended for small retailers who are encouraged to make decent profits with a very small investment.

We can run the scheme even up to 10 steps, but considering the risk involvement, one should limit the amount of investment in Options segment. But for those high risk mongers, we can still provide and extend the service up to 10 steps. Choice is yours.

Interested members may please get in touch with me on whatsapp 7010419004 before 20 Hrs 30/8/2020.

Good Luck !!  Happy trading!!

PS : Please note that you will not get monthly, weekly and daily levels which are circulated to members on board. You will be eligible for 5 trades only.

5 STEPS TO GROW YOUR WEALTH
STEPS	INVESTMENT	RETURN	ADV CHARGES
STEP 1	10,000.00	20,000.00	FREE
STEP 2	20,000.00	40,000.00	4,000.00
STEP 3	40,000.00	80,000.00	8,000.00
STEP 4	80,000.00	1,60,000.00	16,000.00
STEP 5	1,60,000.00	3,20,000.00	32,000.00

 

NIFTY TREND

 Nifty has opened the September series with a positive note. Again the week closed by making a new high for the week.  All the 5 sessions in this  week has witnessed higher high and low formation. While the outlook remains positive, we need to be extra cautious as there could be some down side move to fill few gaps created during the gap up made for the past 5 sessions. 11310-275 could be the level which nifty may visit during the month of September to fill these gaps.   On a weekly basis, supports are at 11450 while nifty faces resistance at 11660/750.

Watch out to confirm whether nifty continues the higher high formation or not to remain long in the index. 

Level for nifty next week   - Support  at 11275/11400 Resistance 11660/750

Bank Nifty support 24060 Resistance 25166. Closing above  25166 on a daily basis means nifty heading for 27050. 

Good luck! 

NIFTY TREND

 Nifty has closed on a high note at 11559 and Bank nifty closed at 23600. 

Outlook for the month of September looks positive. Nifty has to hold 11400 level on a weekly basis. This is very critical for up move. And for nifty to move further a close above 11669 is very vital. The trading range for the next 5-10 sessions could be between 11275-11600.

NIFTY TREND ON WEEKLY EXPIRY DAY

Nifty after making a gap down on Monday and forming a lower high and lower low, turned positive on Tuesdy and Wednesday and formed higher high and higher low. The close is exactly near last expiry  and above 11057. Today the range could be 11070-11194. This is based on the assumption that nifty may not disturb the higher high higher low formation on expiry day. So the downside looks limited if it does not break 11064 - yesterday low till 1 PM. If it breaks then the expiry close could be between 11014 -11057. On the higher side 11194 is a possibility if the outcome of RBI meeting is positive. Avoid shorting index unless it breaks 11064 in the first 15 minutes or later during the day.

NIFTY TREND

Trend for the month - August 2020

After having a non stop rally unto 11341, nifty has taken a breather. August 2020 likely to see some action on the down side.  Please note down the following levels which are very critical.

10562 - Nifty bounced from here twice in July 2020. Any failure to hold this levels shall take nifty back to 10299. If it again fail to hold 10299 we can see 9508/8996.

The weekly levels for nifty and bank nifty for the next week is as below:

Anyone dealing in Stock futures may get in touch with me for assistance. 

DO YOU LIKE SLOW AND STEADY RETURNS?

If you are a steady investor restricting yourself to a decent return with minimum risk without losing capital, here is an opportunity for you to make safe returns. No doubt , it will give better returns than traditional investment. 

If you have a decent capital and looking for returns, you may contact me on email 

narayanansrirangam@gmail.com

Good Luck!

NIFTY TREND

nifty opened positive on day one of July 2020. The most critical level of 10409 has been taken out and giving a positive outlook for the month. Still we must see how it holds 10450 which is the resistance.

Range for the expiry day - The down side is limited as we have witnessed sharp bounce due to short covering. 10299-10490 should be the range.

Be short if 10410 is broken and be long if nifty holds 10450 till 1 PM.

Good Luck!

NIFTY TREND

Nifty June expiry closed with a positive note up by 700 points at 10289 over previous expiry close near 9580.

The up move was very quick and all the time 9726 has been held. 9004 was taken as support during the last 12 days to clinch 10550 which is the three month high level for nifty. That is the exact point of saturation. 

Is nifty going to break out or breakdown ? What is the minimum level we can expect for June ? What is the trading range?

All these queries have been answered by the charts well in advance.

The global markets are again entering in to bear phase. This time it could be a point of no immediate return. 

Get ready for a big correction and position yourself in PE. 

NIFTY TREND

The weekly levels are ready and the range is worked out. Yesterday I have given buy 10000CE at 5 and suggested 9950 CE around 15/ . When nifty peaked 10110, 9950 went up to 160+.

It was a pure technical trade. No fluke No blind game. You have to be strong in numbers if you want to catch such trades.

For monthly expiry, I am ready.  Are you?

Good Luck

NIFTY TREND

The expiry week of may is likely to be very interesting as Nifty has closed at 9039 on Friday, already 820 points down from April Close. Nifty has also closed negative for the past 3 weeks and Friday close indicates indecisiveness in direction. A cat on the wall situation. 

 You may see my weekly levels as below for nifty and BN for 26-5 to 29-5 period:
 

	CURRENT WK			NEXT WK
	NIFTY	BN		NIFTY	BN
TOP 2	9907.69	20937.98		9271.55	19146.16
TOP 1	9439.53	19757.07		9136.96	18638.10
MID	9388.41	19628.14		9122.26	18582.63
BOT 1	8971.36	18576.16		9002.37	18130.04
BOT2	8530.51	17464.15		8875.63	17651.62

The nifty levels are narrowing in the next week. As against 1400 points range during last week ( 9907-8500) next week is going to be 400 points range only ( 9271-8875). Such contraction leads to break out or break down. 

Banking scrips are already weak and at the bottom level. Do not short it and burn your money. If you do not know the bottom just keep quiet.

Last week low was 8806 which is lower than 8875. Since nifty has already visited 8806, 8875 offers a very good support for nifty. One should go long from here for target 9125 on expiry day.

I have identified stock options which can get excellent returns.  You may reach me on email to know details of the same. narayanansrirangam@gmail.com

Good Luck!

NIFTY TREND

Nifty has to close above 9155. Watch out. 9100/9150 CE could be a jackpot today.

Keep your bets mild.

Good Luck!

On stock options watch COLPAL,NIITTECH, COALINDIA.

We are ready with the best strike price for a decent profit.

Do reach me on whatsapp 7010419004 if you are curious about the moves and serious about making money!

Good Luck!

NIFTY TREND

Before anyone could predict the up move, yesterday for the first time I advised a carry over of options.

Today all made profits.  10000 CE month end around 32-35 SL 30 and tr 55/85.

STOCK FUTURES & OPTIONS

If you are a trader in stock futures, then you will be benefited by the weekly levels of all the future scrips. I will post few scrips with levels here and also guide you how to use the levels. We will track the profits for the week based on the levels.

 Everyday I will suggest 5 picks and will post the buy level, SL and targets. At EOD I will also post the performance. You must track the same to understand the accuracy of the levels.

SCRIP

CLO 8/5

TOP 2

TOP 1

MID

BOT 1

BOT2

ASIANPAINT

1580.2

1767

1752

1750

1737

1722

HCLTECH

518.55

587

517

509

446

380

RELIANCE

1556.7

1704

1519

1499

1334

1159

BHARTIARTL

528.85

599

531

524

463

399

HDFCBANK

922.15

982

947

943

911

878

For example, Reliance has closed at 1556.70. above Top 1- 1519. So we must look for more upside than shorting this scrip. Keep 1700 as target with a buy around 1520 SL 1499. 

In case of Asianpaint, the close is below bottom 2. It means this scrip should is not in short and a reversal is possible up to bottom 2. 

HDFC Bank is placed between Mid and bot 1. Now you should wait for 911 to break to go short on this scrip for a target of 878. SL is 922.15

Based on the closing prices and the level where it is placed you should decide short and long for these scrips. 

In case you need any clarification you may contact me on mail. narayanansrirangam@gmail.com

STOCK OPTIONS - AN INNOVATIVE PROFIT BOOSTER

I have developed and launched the new product which contains 30 scrips indicating the monthly levels both on upside and down side. It contains a bird's eye view of the past month and a clear strategy for the next month. The levels are reckoned every week;

As you are aware, the weekly expiry in nifty has special significance and impact on the critical stocks. Based on weekly levels option trades are generated well in advance and as of now I have identified 15 scrips where the exact strike prices are identified for a pick to make fabulous returns.

Last week we took Biocon PE and TECHM CE and made good returns. You know that my levels are rocking when it comes to nifty and bank nifty. Same magic applied to Stocks also.

You must experience to prove yourself. It is attractively priced and very easy to understand. 

Do mail me for any further details at narayanansrirangam@gmail.com

Good Luck!

NIFTY TREND

The month of May started with a gap down taking nifty to 9533.50, less by 330 points from previous month close. The weekly expiry closed at 9199 there by making a total negative of 760 points for the week.  Most of the scrips have signaled weakness and are shying away from the top made in April.  The April month formed a high of 9890, which could remain a dream number for May.

The technical factors indicate  a low  of 8200 and 15800 in nifty and bank nifty respectively for May. 

Range for the week : Nifty 8900-9350  and Bank Nifty 19000-20500.

The down trend likely to continue till nifty forms a bottom at 8200.

Good Luck!

NIFTY TREND

Nifty has touched 8920 as predicted in my earlier posting and we are waiting for the upside 9450. When we are so accurate in predicting 8920 where the low formation was 8909, we must be confident that our top 9450 also should happen. 

You should believe in yourself, if you want to be successful. If you don't believe yourself, then who else will ?

Tips for expiry trade:  If nifty is able to cross 9242 in the first 15 minutes of trade and then go below 9200, it is an indication that nifty can get in to buy mode in the afternoon. If you do not see this number by chance in the first one hour of trade, then there could be chance of close below 9187.  Be long and be bullish only if, ONLY IF nifty closes above 9242 today.

Magic number is 9242 which will make you smile when you realise the power of the same.

Range for the day  : Nifty 9073 -9267  BN  19600-20400.  

Good Luck!

STOCK OPTIONS

I am sure that those who watched the stock option as per the suggestion given by me must have got benefited as the picks like ICICI PRU life etc ., must have given you  a pleasant surprise.

I can give you the buy level, SL and targets for the stock option which are having good liquidity and these prices are arrived well in advance and all you have to do is to keep these strike prices in your watch list and pick when my price hits.  I can assure you that you will be able to make big money.

Among the 144 Future scrips and 3 Index ( Bank Nifty, Nifty and Nifty IT), the scrips with good movement and high liquidity in options trade is only picked for the purpose of trade in stock options so that your money is not blocked in any manner.  It is only 32 scrips where you can invest and not in all 144.  

I will post the April performance on 1st May, my buy levels and the targets which I have set for these 

scrips.

Those interested may please contact me on email : narayanansrirangam@gmail.com

Good Luck!

NIFTY WEEKLY LEVELS

Nifty weekly range is likely to be 8920 to 9450. And Bank nifty weekly range is 19500-21000.

I strongly recommend the following stocks to be kept in watch list if you are interested in Stock options.
BEL
ICICIPRULI
MINDTREE
SBIN
TORNTPHARM
TVSMOTOR

The specific Strike Price with buy level, SL and Targets are already with the members.

I have decided to make 2020 a treasure hunt for my members. With both Index options and stock options, we are going to rock!

We will post our success stories.

Good Luck!

NIFTY TREND

Nifty and Bank Nifty, both are in buy mode. in the Nifty 50 pack, except 3 scrips, all 47 scrips are going to support nifty. You will find next week very interesting as most of the scrips are going to contribute towards upside move for nifty.  Of course, Bank nifty is still lagging behind and few banking stocks are yet to support BN which eventually could happen after Wednesday.

Nifty range for the week 8950-9480   Bank Nifty 19500-21700.

The fire works can start from 24th April onward. Be ready for a good move. 

Month end expiry target   Nifty - 10300   BN - 24500.

Good Luck!

How are we going to reach, how to cash the move, which Strike prices are going to be beneficial - the answer for all these queries are already with my members.  

Bear in mind, nifty move in the next 8 sessions is likely to be 8900-10500 - 1600 points. Mind blowing number. 5000 Points in Bank Nifty.  

Be ready and be blessed with profits!

Good Luck!

PS: I have not been able to post messages in the blog due to my pre-occupation in training few investors on Futures and Options segment.  Hope you will get messages regularly hereafter as I am through with the training of more than 50 persons who are very confident of making big money with the knowledge and input they have received through me. 

NIFTY TREND

Nifty opened gap up 380 points  which is a record high in gap up and also made yet another record by making a high close of 710 points from previous close of 8083

It is easy to look at the records but difficult to catch the moves as the up move during the last one month has been duping the investors as it slips 100 - 200 points in minutes.  The danger of fall is always on the back of the mind as the investors have been once bitten twice shy.

This kind of rally does not confirm the buying interest among the investors as the bottom confirmation is yet to be seen.

You will get my message here when the real buying takes place and nifty reverses.  Till then you must protect your capital and not agitated by this kind of moves. 

Range for the day 8450-8960    BN 18100-19575

Good Luck!

LONG TERM INVESTMENT IN EQUITIES

If any one is interested in investing in equities for long term, may get in touch with me and I will suggest the scrips with levels, charts, entry and exit prices  with strict SL. I will also mention the approximate period by which it may hit the target.  One may reach me on narayanansrirangam@gmail.com.

Good Luck!

IOC- FUTURES OUTLOOK

The Scrip IOC had recently seen a low of 73 and is still limping.  The bullishness is likely to resume if it is able to close above 81.40 on a daily close basis. Target 93.

For accumulation in cash segment for long term investment, one should wait till April 3rd week to confirm the bottom of this scrip. 

Good Luck.

NIFTY TREND

Nifty could scale up to 9039 on Friday, but it was only for few hours and again rolled down to 8500 level and finally closed at 8660. The weekly candle is green with a close above 7945 and slightly below 8745. The quick recovery and a sharp bounce has given nifty a better look on a weekly basis. But it is still not out of the woods.On a monthly basis, this is the worst ever fall from 11433 to 7511, almost 4000 points in a month. 

In my last message I clearly indicated 7945/8355 which are key numbers for nifty to take directional move. Hope you have enjoyed the rally.

Range for the week for nifty and bank nifty is as below:

Nifty  7450-8670   Bank Nifty 17800-20600.

Wait for reversal near 8150/18600 to pick CE. PE can be taken if Nifty/ Bn  breaks 8535/19700.  Till then one should exercise patience. Target is 8150/18600. 

The 8700 CE and PE option prices closed at 320 & 401 respectively. Needless to say it is abnormal. Till the time you see the total premium on ATM strike price reaches 300-350, you must exercise utmost caution in index options.

Good Luck!

NIFTY TREND

Nifty did bounce more than 300 points on expiry day. It was a very rare occasion where we could see most of the gain was retained despite high volatility. Since Nifty could close above 8555, we are likely to see some more upside till 8883 which happens to be the previous week high. 

When nifty is able to surpass the previous week low and expiry numbers which are similar to hurdle race, nifty now is ready for pole vault to cross 8883.

The VIX is high not allowing CE holders to make money.   

Range for the day: 8390-8883  BN 18800-21100.

Good Luck! 

NIFTY TREND

Nifty outperformed yesterday. The key number 7945 was crossed and it brought smile in the face of all retailers and big cheers in the market. How come this was precisely predicted ? 

I have posted in Just in time in this blog so that none of my readers miss such a golden opportunity.

This expiry is going to be positive and nifty may gain further on expiry day also.  Reason is still Bank nifty is yet to start its performance. It has just reached out near last week low o 18675.  Closed at 18481.

Nifty and Bank Nifty may try to clinch 8698/21100 in this week. It could be either today as a surprise to all investors or tomorrow. But we are sure to see another 300-400 points up side from 8300.

Range for the day:

Nifty 8178-8580  BN 17850-20500/21100.

Good Luck.

NIFTY TREND

Nifty has opened gap down and opened at 7945. The trading got suspended due to nifty hitting the lower circuit limit. Even after resuming the trade after 45 minutes halt, it did not show any inclination to move up.

Today's opening is very critical for this weekly expiry. Unless 7945 is crossed, we do not hope for a positive finish in this week. The critical numbers ruling the nifty for he next 3 days are 7832/7945,8178.  

The bulls have been under house arrest or observing Janatha Curfew. 

Nifty and BN level for the week - 7250 - 9100   17900-22900.

Trade with caution. This fall is historic. Do not trade during high VIX. Keep the money. You should not pick any trade in F&O segment if you are a prudent trader.

Good Luck!

STOCK FUTURES

THE FOLLOWING ARE THE RECOMMENDED FUTURES TRADE:

SCRIP	BUY	SL	TR
ASIANPAINT	1,851.10	1,845.00	1,954.14
HINDPETRO	201.55	195.20	217.03
IDEA	3.50	3.20	5.25
INFRATEL	215.82	205.10	230.35
PIDILITIND	1,641.55	1,620.00	1,774.17

NIFTY TREND

Nifty has been moving as per global cues. Unless nifty makes a daily close above 10561, it is bound to make new lows. 

We may expect a bottom near 9850 as the slide has stated only on last Friday.  Last expiry on 5.3.020 was at 11269 and we are almost 800 points down at 10458. US market closed 5% lower is adding to the woes. 

The expiry day is likely to be in a range of 10270-10610.  BN 26050-26950.

NIFTY TREND

A double bottom formation in nifty is seen. Since nifty has not tested the low of 11036 again and also 11136 is held, we should now wait for a confirmation. A close above 11382 confirms reversal and confirmation of short term bottom formation. At this point one can go long in CE and index futures. Till then one should be patient.

Level for the day Nifty 11180-11400  BN 28850-29600.

Good Day!

NIFTY TREND

It was a mayhem on Friday where nifty opened gap down by 250 points and gave up another 200 points during the day to close near 11200. All the 50 in nifty pack closed red and this has happened for the second time in this week itself.

60% of BSE 500 stocks are at below 200 Day average. The FPI Heavy stocks lost more than 20% with the danger of decline extending further. Most of the investors in options lost heavily as the nifty set up on Thursday was a buy with an inverted hammer candle. The low formed on Thursday 11536 appeared as temporary bottom formation. This has shaken almost all investors and blew the technical off. 

The  bear ruled the day and bull had no say!

Coming to the technical, as nifty formed a new low on the last day of February trading, first day of fresh expiry, the set up for the coming days is likely to be utter bearish. Any rally is sell on rise, unless nifty is able to make a daily close 11382 high formed on Friday. Whether nifty will again 11533 again or not in near future itself is doubtful as 12000 is far away, as we say in Hindi, Delhi is still far away!!

Range for the day 11100-11350   Bank Nifty 28900-29500.

Anyone interested in stock futures may ping me on whatsapp 70104 19004, I can give trial for 3 days with my sharp levels. 

Good Day!

NIFTY TREND

Nifty opened 60 points down, and with in 15 minutes formed a low of 11679 and was trading above 11700 most of the time. Only the last hour of trade we could see a roller coaster and nifty broke the morning low and formed a new low of 11639 on the penultimate day of February expiry. The close is below 11700 and the nearest CE 11700 closed at 45 when the index closed at 11778. Irrespective of gap up opening this CE cannot move from 45 and has to shed some premium.

Strategy for tomorrow: If nifty is not visiting 11639 during the first one hour of trade that will be the first indication of nifty moving up. The index should not give up 11667 on hourly basis as well as till 1 PM. Then there are brighter chances of hitting 11756 by EOD. 

But as on close today, we do go with some hope of a recovery tomorrow after having seen a fall of 440 points from 12080 to 11640.

Be mild on your bets today. Those want to pick safe trades must go for 11900 CE of next week expiry. Adopt buy on dips with strict SL.

Range for the day

Nifty 11590-863  BN 30000-30650.

Good Day!

NIFTY TREND

Nifty opened gap up but it was all over in a few minutes and it started near previous day close and it took long time before it touched the ultimate target set for the day. Even though PEs were recommended, the down move prevented retailers from enjoying premium on PE due to time value.

Final target is 11740 where the gap created on 4^th February is likely to get filled.

Range for tomorrow : Nifty 11740-865  BN 30250-30600.

Good Luck!

Hope you are also viewing the telegram channel  by name Option Ryders. You may get posts during market hours. 

NIFTY TREND

Nifty opened gap down by 6 points, could not reach our modest target of 12161 and ended up below 12100 at 12082.80.  Whether it is a expiry move or it is an indication of further weakness to come, only Monday opening gives us the answer.

So far Nifty has broken 11929 twice in this month, once on Budget day to touch 11614 and during last week to reach 11908. Monday opening is crucial.

Nifty range for the week is 11775-12137.  If 11929.10/908 is broken, we may happen to see 11778.

Bank Nifty too likely to visit 30390.  Range for the week  30390-31012.

37 scrips are melting down. 4 scrips are reversing from the bottom. 9 scrips are sideways.

Good Luck!

NIFTY TREND

Nifty opened gap up by 90 points which was much expected and remained bullish throughout the day just shying away from our top number by 1 point.

The CE recommendations were exited with handsome profit in the morning itself. Afternoon session was also profitable with mild gains as we knew the target could also go through.

Strategy for tomorrow:  Buy on dips is recommended for tomorrow where we can focus on next week CE 12200/250 for low investment and good gains.

For current expiry only 12000 CE is suggested for which we need to wait for best entry price.

I have opened a channel by name Option Ryders in Telegram. Those interested may peep in.

Good Luck!

PS: I am getting emails and messages that persons are getting immense benefit out of my blog. Even by reading this blog they are able to make profits. 

I wish them good luck and be in touch with the blog which is a pleasure for me.

NIFTY TREND

Nifty opened gap down after a very long gap, but we could track each and every level on the down side and treaded carefully to avoid trapping at the end of the down side rally. It was a perfect trade till 11929 and there after just 20 points down which we avoided. 11929 was identified as the reverse level and we went long with CE options.

Strategy for the day : Focus on 12000/12050 CE of current week or next week expiry and this should give fabulous returns. Stop loss for this long trade is 11929.10.

Always accept that market is supreme.  We are a small investor and if we want to remain in market to make our earnings, we should develop patience, identify the levels and wait for the direction. Your capital is immaterial and you can grow with a very small amount.  Remember, ocean does get more water out of little drops of rain than from the rivers.

Nifty level - 11936-12136  Bn 30337-30891 

Good Luck!

HONEY I DECODED NIFTY

Yes. The nifty levels and directions have been decoded and we make profits with absolute precision.

Those interested may contact me on what's app. 7010419004

NIFTY TREND

Today nifty went ahead and touched 12247 and also broke the previous day low. Higher high and lower low formation is made there by widening the trading range in the coming week.  

Bank Nifty already looks weak, could not support the falling nifty and that too ended negative. 

There is a mixed signal indicating end of up trend started from 11614.  We need to get confirmation on Monday if nifty is not able to cross 12197.80.

Monday we expect a tepid start with nifty trying to clinch previous expiry figure 12179 and 12198. Down side on Monday could be deeper than what happened on Friday. It could be somewhere near 12010. 

Shorts can be initiated at 12198, for a weekly target of 11950/870.  SL 12248.

Be ready for a down side move. The real picture starts on Monday only. Today was a trailer.

Good Luck!

NIFTY TREND

Nifty weekly expiry ended below 12200. It has negated the formation of higher high and higher low. Yesterday it did not move beyond 12232 and also broke the 12144 being previous day low. We need to see how the nifty behaves tomorrow, whether it is able to climb above 12232 or ending below 12139. 

This decides the move of nifty for next week. Those who are familiar with weekly expiry understands the meaning of the numbers.

Good Luck!

NIFTY TREND

Anyone interested in learning technical may contact me at narayanansrirangam@gmail.com

Spend your time on learning before you jump in to the ocean of options trade.

NIFTY TREND

Nifty opened gap up for the third consecutive day of the week, this time keeping its head above 12161 and remained above this level throughout the day. It has been forming higher high and higher low for the past 2 sessions showing its inclination to clinch 12300 in this week.

A perusal into Option chain OI indicates covering of shorts in 12100 and 150 CE reducing their loss due to call writing. Huge Put writing is seen at 12100/150/200 strike prices, especially in 12200 PE suggests that the ongoing rally can continue on expiry day. But the crucial level of 12158/161 should be held for the day. 

On the whole, today could be a big battle for both bulls and bears where ultimately bears may have to give up as the index is forming higher high and higher low.

Today being weekly expiry, keep your bets mild. 

12200 Ce likely to come under pressure as it has the second highest OI buildup. Best entry price and target given to members on board for this strike price as jackpot.

Good Luck!

NIFTY TREND

Nifty opened gap up above 12100 and immediately captured 12161, being last week high. At the end of the day it pared 50% of the gains and closed at 12108, exactly at the place where it opened. In the process, the PEs below 12050 and CEs above 12150 have been eroded. I would rather call it an operator foul play as there is no technical term is there to describe such moves. 

Range for Nifty today : 12080-12190.  BN 31200-31600.

HIGH ALERT:

DO NOT SHORT THE MARKET.

NIFTY TREND

Nifty closed at 12032.50, LTP was 12038 giving a clear indication that the down side is much limited. We can see a swing of 100 points on the down side today and with that nifty should make an up move. Both nifty and bank nifty are still in buy mode and never gone in to positional sell. 

Up side in nifty is possible whenever nifty is able to cross 12138 during this week. Target 12275.  n the lower side 11800 looks possible only if nifty breaks 11945. 

In short the range is 11950-12150 for this weekly expiry.  

For bank nifty the range is 30750-31470. 

Trade with caution as both up and down side looks limited.

Good Luck!

PS: Those interested in picking technical knowledge and do trades as per technical can approach me. This enhances your knowledge, develops patience, and make you pick perfect trade instead of wasting money without knowing the moves.

NIFTY TREND

Nifty closed at 12098, 50 points lower than previous day. The LTP was 12086, which signals a probable gap down opening.
Next 2 days could be crucial as we may see some sideways move.
11948 offers strong support.
Good luck!

NIFTY TREND

The weekly expiry closed 100 points above the previous week expiry after hitting a low of 11614 and making a weekly swing of 546 points. In the process all the shorts have been crushed like a elephant damaging the sugarcane garden.  

Yesterday I have clearly mentioned that nifty opening above 12100.40 means nifty wont give up 12100 and it obeyed the rule.  To understand the significance of 12100.40, you  must follow the numbers. 

Now one must get ready for the next week move of nifty. The ground work has been done for identifying the weekly swing. 

Nifty is in uncharted territory for the next week with 12525 as the next target. Supports are shifted down side with 11998/940/470. The previous week high of 12216 is the immediate hurdle for nifty and beyond that 12272 is the next resistance which are to be crossed to make a new high above 12430. Index is likely to move in a range of 11950-12200 before making a leap to cross 12430. 

For bank nifty too the supports are shifted down with an upside target of 32060.  31210/31112 are strong supports for next week.

With these numbers we are planning our trade and now that all numbers are given one can take trade by simply reading these levels and mint money. 

In short next week expiry is likely to be a consolidation week and you  can expect cracker works after 17th of February to see new high.

Those interested in learning, having patience do contact me. Shun greediness please.

Good Luck!

TRADE SCREEN SHOTS

The following are the trades taken by few persons, who sent their trade to me after market hours. This is not to prove the talent and abilities.  This only shows that taking trade as per levels and waiting for buy prices gives returns.  There are few who makes big returns with huge lot sizes do not share the screen shots.   

You will see such postings regularly. All these trades are through thorough learning of the members who go by numbers and levels.  That is the power of learning!

Learning is power, Absolute power is absolute learning!!

 

NIFTY TREND

Nifty has bounced back with a gap up opening and never looked back and ended the day with a gain of 270 Points. It has halted at the place from where the down side started on budget day. All the multiple resistance levels were crossed yesterday. Now what is left is 11980-12035 hurdle is left out. 

Nifty can move up to 12105 which could be the resistance point for the week. 

Even in my previous blog I have clearly mentioned that the weekly swing of nifty is complete indicating that there is no further down side.  Those who bought PEs were clueless about this up move. We could predict this move on Monday evening itself. 

For today the range is 11800-12050     BN 30300-30900.

Good Luck!