OptionsTrading

1)Nifty closed at 10302.10 down 0.10% and banknifty closed at 21370.15 up 0.05%. 2)Yesterday, most of global markets ended in  green. 3)Today, US and Europe futures are trading negative and asian markets opened in green and sgx nifty is trading at 10239 down 0.35% 4) We may open flat or gap down of around 40-50 pts and follow global futures as the day progresses,bias will be on positive side 5)Support and resistance for Nifty and Banknifty  for intraday. 6)Nifty option pain is at 10300 and banknifty option pain is at 21400. 7)Nifty may trade between  10000  and  10500  and banknifty may trade between  20500  and  22000  for this week.this are very strong support and resistances as per oi chain. 8)Results and important events today. 9)Stocks in news. KALPATARU POWER Bags New Orders Worth Rs 956 Crores Bags Orders From India, Africa & Middle East In T&D Biz BANK OF BARODA Board Approves Raising U...

1)Nifty closed at 10312.40 down 0.68% and banknifty closed at 21359 down 1.08% 2)Yesterday, US markets ended in deep green due to positive housing data. 3)Today, US and Europe futures are trading positive and asian markets opened in green and sgx nifty is trading at 10301.50 up 0.53% 4) We may open gap up of around 80-100 pts and follow global futures as the day progresses. 5)Support and resistance for Nifty and Banknifty  for intraday. 6)Nifty option pain is at 10300 and banknifty option pain is at 21500. 7)Nifty may trade between  10000  and  10500  and banknifty may trade between  20500  and  22000  for this week.this are very strong support and resistances as per oi chain. 8)Results and important events today. 9)Stocks in news. Prime Minister @narendramodi will address the nation at 4 PM tomorrow. Focus on Bajaj Auto / Hero Moto / Atul Auto Govt. is drawing up an incentive scheme for the auto sector to ...

1)Nifty closed at 10383.00 up 0.91% and banknifty closed at 21592.05 up 0.47%. 2)Friday, most of global markets ended in deep red. 3)Today, US and Europe futures are trading flat to negative and asian markets opened in red and sgx nifty is trading at 10251.00 down 0.86% 4) We may open gap down of around 130-140 pts and follow global futures as the day progresses. 5)Support and resistance for Nifty and Banknifty  for intraday. 6)Nifty option pain is at 10300 and banknifty option pain is at 21500. 7)Nifty may trade between  10000  and  10500  and banknifty may trade between  20000  and  23000  for this week.this are very strong support and resistances as per oi chain.  8)Results today. Bharat Dynamics Ltd  Bharat Electronics Ltd  Bharat Forge Ltd  CESC Ltd  Force Motors Ltd  GMR Infrastructure Ltd  Gujarat Fluorochemicals Ltd  Hindustan Copper Ltd  Jai Corp Ltd  Jammu and...

1)Nifty closed at 10288.90 down 0.16% and banknifty closed at 21506.15 up 0.37%. 2)What a recovery in second half yesterday,we just followed global futures,global futures recovered we recovered. There was no rocket science behind this recovery. 2)Today, US and Europe futures are trading flat to negative and asian markets opened in green and sgx nifty is trading at 10275.00. 3) We may open gap up of around 70-80 pts and follow global futures as the day progresses. 4)Support and resistance for Nifty and Banknifty  for intraday. 5)Nifty option pain is at 10300 and banknifty option pain is at 21500. 6)Nifty may trade between 10000 and 10500 and banknifty may trade between 20000 and 23000 for this week.this are very strong support and resistances as per oi chain.  7)Results and Important events today. 8)Stocks in news. Vedanta Gets Shareholder Approval To Delist Shares Of Co From NSE & BSE PNC Infratech  Gets Letter Of Ac...

1)Nifty closed at 10305.30 down 1.58% and banknifty closed at 21426.80 down 3.76%. 2)Today, US and Europe futures are trading negative and asian markets opened in deep red and sgx nifty is trading down 1.26%. 3) We may open gap down of around 150-160 pts and follow global futures as the day progresses. 4)Support and resistance for Nifty and Banknifty  for intraday. 5)Nifty option pain is at 10200 and banknifty option pain is at 21500. 6)Nifty may trade between 10000 and 10500 and banknifty may trade between 21000 and 23000 for this week.this are very strong support and resistances. 7)Results today. APOLLOHOSP BANKINDIA ASHOKLEY CONCOR ENGINERSIN GALAXYSURF HAL IDFC ICRA IOB JBCHEPHARM 8)Stocks in news. Venkys, Godrej agrovet, parag milk, hatsun agro Dairy and Poultry Stocks inFocus  As Cabinet approves 15000cr for Dairy and animal husbandry infra fund.  Sector to get 3% interest subvention. Bharti Infratel: Company extended deadline for merger with...

1)Nifty closed at 10471.0 up 1.55% and banknifty closed at 22264.90 up 2.56%. 2)Today, US and Europe futures are trading falt to negative and asian markets opened in flat and are trading flat to positive and sgx nifty is trading flat. 3) We may open gap up of around 20-30 pts or flat and follow global futures as the day progresses. 4)Support and resistance for Nifty and Banknifty  for intraday. 5)Nifty option pain is at 10250 and banknifty option pain is at 21700. 6)Nifty may trade between 10000 and 10500 and banknifty may trade between 20000 and 23000 for this week.this are very strong support and resistances. 7)Results today and important events. 8)Stocks in news. Focus Today PSU divestment  Idbi Bank:  Cabinet draft note ready for govt to sell its stake in bank.  Govt to sell entire 46.5% stake  SCI :  If eco situation improves then Bids likely to come in next Qtr  Govt to sell entire 63.7%  JSPL / SAIL / JSW...

1)Nifty closed at 10311.20 up 0.65% and banknifty closed at 21708.35 up 1.74%. 2)Today, US and Europe futures are very volatile and asian markets  and sgx nifty are trading exactly follwoing us markets. 3) We may open gap up of around 20-30 pts or flat and follow global futures as the day progresses. 4)Support and resistance for Nifty and Banknifty  for intraday. 5)Nifty option pain is at 10100 and banknifty option pain is at 21300. 6)Nifty may trade between 10000 and 10500 and banknifty may trade between 20000 and 23000 for this week.this are very strong support and resistances. 7)Results today. AGCNET ALKYLAMINE ASAHISONG ASIANPAINT ASTERDM BALRAMCHIN BANKBARODA BERGEPAINT CAREERP DBCORP EIHAHOTELS FAIRCHEM FINOLEXIND GMBREW GMDCLTD HALDYNGL HATSUN HONDAPOWER JCHAC KOLTEPATIL NLCINDIA PAGEIND PGEL PHILIPCARB UNIONBANK 8)Stocks in news. SBI / PNB / Bk of baroda UTI Asset Management Co Gets SEBI's Approval For IPO IT SECTOR in Focus  US President D...

1)Nifty closed at 10244.40 up 1.51% and banknifty closed at 21338.10 up 1.82%. 2)Today, US and Europe futures are trading positive and asian markets opened in green and sgx nifty is trading flat to negative at 10208.50. 4) We may open gap up of around 20-30 pts or flat and follow global futures as the day progresses. 5)Support and resistance for Nifty and Banknifty  for intraday. 6)Nifty option pain is at 10000 and banknifty option pain is at 21000. 7)Nifty may trade between 9000 and 10500 for this week and banknifty may trade between 20000 and 22000 for this week. 8)Results today. Apollo hospitals Balaji amines Morepen labs Info edge GTL GE power Dhanlaxmi bank Kirloskar industries 9)Stocks in news. Glenmark : gets nod to mfg and mkt drug for mild to moderate Covid cases. Cadilla/DRL/Jub life : Hetero recieves Mfg and mkt approval from DGCI for Remdesivir. Cipla launches Remdesivir. Infoedge BM today in further fund raise via QIP. 10)Results Dalmia Bharat S...

Trading Strategy with MFI & Super Trend What is MFI? The Money Flow Index (MFI) is a typical oscillator (between 0 and 100) that uses price and volume for identifying overbought or oversold conditions in securities. As a momentum oscillator that incorporates volume, MFI works well to identify reversals and price extremes. The question will arise that how it is different from RSI? As the MFI incorporates both price and volume data, as opposed to just price it has been referred to as the volume-weighted RSI. The reason for this comparison is that MFI uses a similar formula to RSI. RSI uses the ratio of average gains to average losses, but the MFI incorporates a product of price and volume to calculate positive money flow and negative formula. How to read MFI Overbought and oversold levels can be used to identify price extremes. Typically, MFI above 80 is considered overbought and MFI below 20 is considered oversold. However, the levels may stay at extremes for extended periods in...

1)Nifty closed at 10091.65 up 2.13% and banknifty closed at 20956.30 up 3.74%. 2)Today, US and Europe futures are trading flat to positive and asian markets opened flat and sgx nifty is trading flat at 10038.5. 4) We may open gap up of around 50-60 pts and follow global futures as the day progresses. 5)Support and resistance for Nifty and Banknifty  for intraday. 7)Nifty option pain is at 9900 and banknifty option is 20500. 8)Nifty may trade between 10500 and 9500 for this expiry and banknifty may trade between 22000 and 20000 for this expiry. 9)Results today. LIC Housing Finance Bajaj Electricals Novartis Cadila Healthcare ENIL Camlin Fine Sciences Ramco Cements Oil India PNB Dalmia Bharat Sugar. 10)Stocks in news RIL  Another investor onboard  Saudi’s PIF picks 2.32% stake for 11367cr  RIL’s JIO platform has raised 1.5lakh crore for 24.7% stake  TIN PLATE / JSW STEEL India may impose anti-dumping duty on imports of certain steel product...

1)Nifty closed at 9881.15 down 0.33% and banknifty closed at 20201.75 down 0.47%. 2)Today, US and Europe futures are trading lower and asian markets opened negative and sgx nifty is trading at 9784.50 down 0.81%. 4) We may open gap down of around 100-120 pts and follow global futures as the day progresses. 5)This will key to watch for telecom sector today. SC hearing on AGR dues. bharti airtel/idea in focus 6)India-china border clash - Any News on this can create volatality. 7)Support and resistance for Nifty and Banknifty  for intraday. 8)Nifty option pain is at 9900 and banknifty option pain is at 20200. 9)Nifty may trade between 9500 and 10000 for this week and banknifty may trade between 19000 and 21000 for this week which will act as good support and resistance. 10)Result today Whirlpool  Bajaj Consumer Brigade Ent Thermax    IRB Lumax Inds CARE Ratings    Rane Madras   MOIL   Hikal   GSFC Gujarat A...

1)Nifty closed at 9914.0 up 1.02% and banknifty closed at 20296.70 up 1.93%. 2)Today, US and Europe futures are trading lower and asian markets opened falt to small negative and sgx nifty is trading at 9834.5 down 0.71%. 4) We may open gap down of around 100-120 pts due to indo china tension and will once again follow global futures as the day progresses. 5)This will key to watch for banks today. SC hearing on interest on Moratorium case today.  Remember SC had observed that complete interest waiver on COVID moratorium is not feasible. But said charging interest on the Interest on Moratorium could be looked at.  Banks-RBI are not in favor 6)India-china border clash - Any News on this can create volatality. 7)Support and resistance for Nifty and Banknifty  for intraday. 8)Nifty option pain is at 9900 and banknifty option pain is at 20100. 9)Nifty may trade between 10000 and 9500 ramge for this week and banknifty may trade between 21000 and 19000 ran...

1)Nifty closed at 9813.70 down 1.60% and banknifty closed at 19912.90 down 3.59%. 2)we fell yesterday due to global markets. 3)Today, US and Europe futures are trading higher and asian markets opened in deep green and sgx nifty is trading at 9989.50 up 1.97%. 4) We may open gap up of around 230-250 pts  and will once again follow global futures as the day progresses,day belongs to bulls till now. 5)Support and resistance for Nifty and Banknifty  for intraday. 6)Nifty option pain is at 9800 and banknifty option pain is at 20000. 7)Nifty may trade between 10000 and 9500 and banknifty may trade between 21000 and 19000 for this week. 8)Results Today HPCL IPCA Laboratories NMDC Navin Fluorine International  Bank of Maharashtra  Schneider Electric Infrastructure 9)Stocks in news Midcap pharma betting on HCQ could witness profit booking as USFDA withdraws emergency use status of CQ and HCQS in COVID 19 patients Cadilla health / Ipca ( results today) ...

1)Nifty closed at 9972 up 0.72% and banknifty closed at 20654.55 up 0.63%. 2)There was huge recovery in market after big gap down. 3)Today, US and Europe futures are trading lower and asian markets opened in red and sgx nifty is trading at 9858.50 down 0.41%. 4) We may open gap down of around 70-80 pts  and will once again follow global futures as the day progresses. 5)Support and resistance for Nifty and Banknifty  for intraday. 6)Nifty option pain is at 9900 and banknifty option pain is at 20500. 7)Nifty may trade between 9500 and 10000 range and banknifty may trade between 19000 and 22000 range which will act as good suppprt and resistance as per option chain. 8)Results today. Tata Motors Shoppers Stop  Pfizer  JK Tyres IGL Narayana Hrudayalaya   Action Construction Ashoka Buildcon Can Fin Homes   Cholamandalam Financial  CSB Bank   Intellect Design Meghmani Organics   Nath Bio-Genes   ...

1)Nifty closed at 9920 down 2.12% and banknifty closed at 20525.15 down 2.72%. 2)Yesterday, we have seen big sell off in global market. 3)Today, US and Europe futures are trading higher and asian markets are opened in green and sgx nifty is trading at 9618 down 2.39%. 4) We may open gap down of around 180-200 pts  and will once again follow global futures as the day progresses. We may recover for the day.Dont jump into trade at the opening. 5)Support and resistance for Nifty and Banknifty  for intraday. 6) Nifty Option pain is at 10000 and Banknifty option pain is at 20700. 7) Nifty may trade between 10500 and 9500 levels for this week and banknifty may trade betweeen 21500 and 19500 levels for this week which will act as resistance and support respectively as per option chain. 8)Results today. Alkali Metals Bharat Seats Gandhimathi Castrol Eicher motors GIPCL Goodyear Hindalco IOL chem M&M KM Sugar Mang chem fert Panama Petro Sukhjit Supraje...

1)Nifty closed at 10116.15 up 0.69% and banknifty closed at 21100.10 up 1.81%. 2)We were trading flat whole day but there was huge reversal on positive side last half n hour and we closed higher. 3)Fed signals no rate hikes through 2022 and also projects 6.5% decline in US GDP this yr  Dow shows profit booking slips 282 Pts  3)Today, US and Europe futures are trading lower and asian markets opened weak and are trading flat to negative,sgx nifty is trading flat at 100106. 4) We may open flat to negative and will once again follow global futures as the day progresses. 5)Support and resistance for Nifty and Banknifty  for intraday. 6)Nifty option pain is at 10100 and banknifty option pain is at 21000. 7)Nifty May trade between 10000 and 10500 and banknifty may trade between 20000 and 22000 which will act as support and resistance. 8)Important events today. 9)Stocks in news. Pharma companies in Focus( Cadila / IPCA ) Department of Pharmaceu...