Expiry - Money power

• Even a small bounce is getting sold.
• This is sheer Money power , hold the market below 9900.
• It can easily bounce 150 points on the first day of the next series.
• Better to take position in the next series.

Good Luck..

Buy Nifty

• Buy Nifty at 9855 stop 9815 target 9940.
• It moved from yesterday low, so may be it will move higher, so long call.

Good Luck...

NIFTY AND BANK NIFTY LEVELS FOR 26/9

• BUY ABOVE 9940 IN NIFTY
• LOW LEVEL SUPPORT - 9816 - 9765
• BANK NIFTY  BUY ABOVE 24368.
• 24015 - 23791  SUPPORT LEVELS.

Since the sentiment is bearish, we have to look only levels to see if Nifty and Bank nifty arrest the selling pressure and moved to comfort buying zone.  watch the above levels before make any trade.

Good Luck...

BANK NIFTY TRADE PLAN

• CMP 24799 SPOT 
• As per sgx we will open downside.  But if our market open flat and above 24806 in spot level. Then we may consider long.
• If market opens down and able to surpass 24806, all short may be closed and look to buy above 24806 level in spot with stop at day's low.
• Under tone is bearish today as long as Bank Nifty traded below 24806 spot level. 
• Let see how its span out the day.

Good Luck..

Buy List today.

• Bought Federal bank in cash at 119
• Bought south indian bank in cash at 31.6
• Bought ptc in cash at 124.8

I try to book profit with 15- 20% higher from this level.

Good Luck..

Index Technicals

• Nifty support is around 10068. I think , it will not break that level. Hold the long 
• The view is bullish, momentum will come in a day or two.
• Bank Nifty range is 140 points as per option data. Today it may surprise the call writers.  
• Range 24920 - 25060.  Today Weekly expiry.

Good Luck...

BUY RAYMOND - CMP - 880

BUY RAYMOND CMP 880.

TARGET 1260. 

TIME FRAME : 4-6 MONTHS.

Good Luck...

Buy Axis bank

• Buy Axis Bank at 513 cash level stop at 500
• Target 528 and 545.
• Time frame  1 month.
• Today intraday also can be done with a target around 520.

Good Luck.

Buy Bank nifty CE today expiry 25000 -25100

• Bank nifty looks super bullish.
• take some small risk in 25000 ce and 25100 ce.
• Let banknifty close above 25200 and reward us good
• Already i have told to buy 24900 call around 60. hold till expiry or close if it crosses 25000 and hold 25000 call till expiry

Good luck.

Buy Nifty at 10100 stop at 10032

• I bought nifty at 10100 stop at 10032,  I am looking to carry the long with trailing stop.

Let see....

BUY BANK NIFTY 24900 CE at 62

• Buy Bank nifty 24900 ce 50 -60 levels tomorrow expiry
• hold till expiry
• 120 levels target expected.

good luck

Intraday watch list - 13/9/2017

LONG SIDE WATCH LIST

1. CIPLA
2. GAIL
3. BPCL
4. ZEEL
5. BANKBARODA
6. PNB
7. ADANI POWER.

The above scrip can be taken long for intraday with stop at yesterday's low.

Good Luck...

Nifty View - 13/9/2017

• Nifty is just 45 points to touch all time high.
• Once it crosses all time high,  I expect Nifty will touch 10590 range for the series.  It looks unlikely at this point of time.  But more short covering will come once it cross the high.
• 10000 PE is support now, it seems market will not come to this point for the rest of this series.
• I feel there may be selling pressure in bank nifty, that's why I short around 24300 and covered at 24495, but it managed to move higher.  Now it is going to set a record high for the series. if it crosses 25200 levels, another 2500 to 3000 points move will come easily for the series, I know saying these kind of target looks unrealistic.
• I don't want to create greed here, and to make you buy more quantity,  I am saying, just take a long call, and hold it with reasonable stop and hold till expiry. Use some trailing stop and carry the position till expiry.

Let see,   how things span out, I will review my views daily.

Good Luck..

Nifty call update

• I have closed Nifty at 10050 bought at 10004 yesterday.
• I am  waiting  to buy around 10000.

Good Luck...

Update on Techm, ICICI Bank, and ITC calls.

• Tech mahindra moved up from 423 - 440 levels
• Icici bank is still around 292.  Hold
• ITC long term  upto dec.   Hold

Good Luck...

Exit short in Bank Nifty and Entered long in NIfty

I have exited Bank Nifty short at 24490.  It seems market getting some momentum on the upside.

Enter Long in Nifty at 10004 with stop at 9930 with target at 10089.

Good Luck

Nifty and Bank Nifty levels for the week Sep 11-15

• Nifty Spot 9929.90 [-44]  last week High - Low [9988 - 9861 : 127]
• I feel there is weakness in the market, till it crossed 10080 levels.
• Weekly chart still in the consolidation mood. 
• Look for cues in the daily chart for next week.

• Option call data shows the resistance at 10032. support at 9810 breaking the range will be the trend for the series.

BANK NIFTY

• I have short call on Friday at 24300 fut level with stop at 24430. target at 24050.
• I am bearish on Bank nifty for the week.  

Good Luck...

Bank nifty call sell

• Bank nifty sell fut at 24300 stop 24430
• Target 24050 fut level 
• Hold for 2 or 3 days 

Exit nifty

I have exited nifty at 9950 bought at 9960
Waiting for breakout above 9980 spot level to re enter

Nifty Technicals 8 sep 3017

• Range 9980 - 9872 spot levels
• Breaking above 9980 will attract short covering
• US market sideways EU market bullish will help nifty to pass 10000
• I like to buy if gap up happens above 9965.spot

Good luck 

INDEX - BANK NIFTY OPTION - CALL - BUY

• BANK NIFTY - CMP  24232 SPOT
• BANK NIFTY - 24300 CE - EXPIRY 7/9/2017 TOMORROW CALL BUY AT 45
• HOLD TILL EXPIRY.

GOOD LUCK.

Index Nifty call update

• Since it is gap down.
• I have adjust my stop loss to 9874. from 9914.
• I feel there is good support in spot level around 9870 levels.
• I am expecting  a reversal around 1.15 pm. expect market should end up flat or in green

Index call

• Buy Nifty future 9960 
• Stop 9914
• Target 10040

Good Luck...

NIFTY SHORT COVERED AT 9920

• SHORTED AT 9980
• NOW COVERED AT 9920
• EXIT IN PROFIT

STOCK CALL - TECH MAHINDRA

           

BUY CMP 423.  STOP 408

TARGET 465

TIME FRAME: 1 MONTH

Nifty Short Position Update

• Nifty Shorted at 9980 on 1/9/17 with stop at 10050
• I am looking to cover the short around 9830 levels, in the next few days.
• No trailing stop as of now.

Good Luck....

How to find intra day trade in gap up / gap down

Invest in Pharma Fund - BUY.

Last 2 years the return for the above fund shows -8 to -10 %.  I feel it is correction in the long term chart of pharma fund.  It is best time to invest in Pharma fund.  I prefer Lump-sum investment rather than SIP route.

I feel the return will be extremely good going forward for the next 2-3 years.  I feel the risk-reward is greatly favoring now to invest in the fund.

Good Luck...
Yours
Zen Trader.

BANK NIFTY MONTHLY TECHNICALS

• Resistance at  24800 & 25180 Support at 24150 & 23800
• Breaking either level in the first week will decide the trend for rest of the series.
• Option data shows 600 points range from 24500. Downside 23900 & Upside 25100
• Selling around  25100 levels seems good risk reward ratio in downside.

Bank Nifty Monthly Chart.

• Long bull candle followed by Hanging man is not a bullish pattern. There seems some sell off will take place and take the trade to low point of the long bull candle. 23150 levels.
• RSI (14) is around 70.54.
• Trading above 25180 levels for few days can change the chart pattern, till that time take profit, if there is rise in the Bank Nifty.  
• We have to analysis the daily and weekly chart in view of the above pattern and levels.

Good Luck...

Yours

Zen Trader.

NIFTY SELL CALL

• SELL NIFTY FUT AT 9980 STOP 10050.
• TARGET WILL BE DECIDED , after seeing how nifty closed today.

Good Luck...

MONTHLY TECHNICALS FOR NIFTY - SEP 2017

NIFTY

• Resistance at 10050 and Support at 9800. 
• Breaking either level in the first week will decide the trend for the month.
• Result season over, only world news will have impact in Nifty.
• US market will continue the consolidation on September - with negative bias.
• Nifty Aug high 10138 should break with volumes for strong trend.
• Option data shows a  range of 240 points from 9900 levels i.e ( 9660 on lower side and 10140 on higher side, which matches Aug high and low.)
• Look to buy around 9685(Aug low) will be a good risk-reward trade.

Nifty monthly chart.

• Rsi (14) crossed below 70.  August low is very important point. we have to see how Nifty behaves when it reaches around 9680 level, to decide there is go to be sell off or good time to buy. 
• Other indicators and moving averages shows no sign of weakness.

We have to keep in mind the above levels while we look into day and weekly chart in September 2017.

Good Luck, 

Yours

Zen Trader.