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Showing posts from November, 2020

Pre-market analysis

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1)Nifty closed at 12942.85  down 0.34% and banknifty closed at 29569.35 up 0.07% 2)Global market were closed negative yesterday. 3)Today, US and Europe futures are trading positive and asian markets are trading positive and sgx nifty future is trading at 13008.80 up 0.09% 4) We may open flat or gap up of around 30-50 pts and follow global futures as the day progresses,once we may go in negative but will recover as the day progresses as global clues are strong for now. 5)Support and resistance for nifty and banknifty 6)Nifty option pain is at 12950 and banknifty option pain is at 29500. 7)Nifty may trade between  12700  and 13200 and banknifty may trade between  29000  and 30500 for this week.this are very strong support and resistances as per oi chain.   8)Stocks in news 1- AUTO STOCKS 2- GRANULES INDIA 3- GLENMARK / DR REDDY'S 4- UNICHEM LAB 5- INDIABULLS HF 6- INDIAN HOTELS 7- BATA INDIA  8- KESORAM IND 9- HAL 10- GA...

Pre-market analysis

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1)Nifty closed at 12987.00  up 1.00% and banknifty closed at 29549.75 down 1.21% 2)Global market were closed yesterday. 3)Today, US and Europe futures are trading negative and asian markets are trading flat to positive and sgx nifty future is trading at 13059.20 up 0.12% 4) We may open flat or gap up of around 20-30 pts and follow global futures as the day progresses. 5)Support and resistance for nifty and banknifty 6)Nifty option pain is at 12900 and banknifty option pain is at 29500. 7)Nifty may trade between  12700  and 13200 and banknifty may trade between  29000  and 30500 for this week.this are very strong support and resistances as per oi chain.   8)Stocks in news 1- ASTRAZENECA / ZYDUS CADILA 2- GAIL / GSPL 3- M&M 4- AUTO STOCKS Sales number on Monday 5- RETAIL SHARES  6- INDIABULLS HF / INDIABULLS REAL 7- SPICEJET  8- TUBE INVESTMENT 9- RK FORGING 10- FMCG STOCKS 10)Follow our telegram channel 'Option...

Pre-market analysis

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1)Nifty closed at 12858.40  down 1.51% and banknifty closed at 29196.40 down 1.82% 2)Global market closed negative yesterday. 3)Today, US and Europe futures are trading positive and asian markets are trading positive and sgx nifty future is trading at 12978.80 up 0.72% 4) We may open flat or gap up of around 20-30 pts and follow global futures as the day progresses. 5)Support and resistance for nifty and banknifty 6)Nifty option pain is at 12800 and banknifty option pain is at 29100. 7)Nifty may trade between  12500  and 13000 and banknifty may trade between  28500  and 30000 for this week.this are very strong support and resistances as per oi chain.   8)Stocks in news TCS  Ex date for Rs 16000 cr buyback  TCS will purchase 1.42% outstanding equity at tender price of Rs 3000 (10% premium)  Astral Poly Technik Ltd:   pioneer in manufacturing of CPVC pipes & fittings announced its entry into the P...

Pre-market analysis

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1)Nifty closed at 13055.15  up 1% and banknifty closed at 29737.25 up 2.46% 2)Global market closed positive yesterday. 3)Today, US and Europe futures are trading positive and asian markets are trading positive and sgx nifty future is trading at 13171 up 0.72% 4) We may open gap up of around 100-130 pts and follow global futures as the day progresses. 5)Support and resistance for nifty and banknifty 6)Nifty option pain is at 12900 and banknifty option pain is at 29100. 7)Nifty may trade between  12800  and 13200 and banknifty may trade between  29000  and 30000 for this week.this are very strong support and resistances as per oi chain.   8)Stocks in news 1- ONGC / HOEC / OIL 2- MANNAPPURAN FIN. / MUTHOOT 3- SUN PHARMA / DR REDDY  4- SIEMENS 5- GARDEN REACH SHIPYARD 6- UNION BANK 7- INGERSOLL RAND 8- IRB INFA 9- TRF 10- TATA CHEM 9)Happy Trading 10)Follow our telegram channel 'Optionstraders' for calls on equity and opti...

Pre-market analysis

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1)Nifty closed at 12926.45  up 0.52% and banknifty closed at 29024.20 down 0.72% 2)Global market closed positive yesterday. 3)Today, US and Europe futures are trading positive and asian markets are trading flat to positive and sgx nifty future is trading at 12984.50 up 0.26% 4) We may open gap up of around 50-80 pts and follow global futures as the day progresses. 5)Support and resistance for nifty and banknifty 6)Nifty option pain is at 12800 and banknifty option pain is at 28900. 7)Nifty may trade between  12700  and 13000 and banknifty may trade between  28000  and 29500 for this week.this are very strong support and resistances as per oi chain.   8)Stocks in news   RT-PCR Test Reports Required in mumbai ThyrocareTechnologies DrLalPathLabs MetropolisHealthcare  ASTRAZENECA Says Vaccine 90% effective in preventing Covid Two dosing regimen tested Administered as a half dose followed by a full dose atleast a month...

Pre-market analysis

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1)Nifty closed at 12859.05  up 0.68% and banknifty closed at 29236.00 up 1.15% 2)Global market closed negative yesterday. 3)Today, US and Europe futures are trading positive and asian markets are trading flat to positive and sgx nifty future is trading at 12979.50 up 0.98% 4) We may open gap up of around 100-130 pts and follow global futures as the day progresses. 5)Support and resistance for nifty and banknifty 6)Nifty option pain is at 12700 and banknifty option pain is at 28700. 7)Nifty may trade between  12700  and 13000 and banknifty may trade between  28500  and 29500 for this week.this are very strong support and resistances as per oi chain.   8)Stocks in news RELIANCE INDUSTRIES CCI Approves Future Retail & Reliance Retail Deal MPHASIS Reports Suggest Blackstone mulls exit  Blackstone has initiated discussions with JPM, Citi and MS for sell side advisory  Alert Blackstone’s Unit Marble II Pte owns a 56...

Pre-market analysis

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1)Nifty closed at 12771.70  down 1.29% and banknifty closed at 28903.05 down 2.85% 2)Global market closed positive yesterday. 3)Today, US and Europe futures are trading negative and asian markets are trading flat to negative and sgx nifty future is trading at 12827.20 up 0.39% 4) We may open flat or gap down of around 30-50 pts and follow global futures as the day progresses. IT and pharma sector seems good for going long.risk and reward favourable. 5)Support and resistance for nifty and banknifty 6)Nifty option pain is at 12600 and banknifty option pain is at 28500. 7)Nifty may trade between  12500  and 13000 and banknifty may trade between  28000  and 30 000  for this week.this are very strong support and resistances as per oi chain.   8)Stocks in news   1- RIL 2- L&T/ BHEL/PNC Infra/ IRB infra 3- CIPLA / CADILA 4- GLAND PHARMA  5- ALKEM 6- MPHASIS 7- AFFLE INDIA 8- VODAFONE-IDEA 9- INFOSYS 10- AARTI IND 9)H...

Pre-market analysis

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1)Nifty closed at 12938.25  up 0.50% and banknifty closed at 29749.55 up 1.95% 2)Global market closed negative yesterday. 3)Today, US and Europe futures are trading negative and asian markets are trading flat to negative and sgx nifty future is trading at 12867.50 down 0.75% 4) We may open gap down of around 100-130 pts and follow global futures as the day progresses. We may see profit booking in banknifty and other sectors IT and pharma can perform today. 5)Support and resistance for nifty and banknifty 6)Nifty option pain is at 12900 and banknifty option pain is at 29400. 7)Nifty may trade between  12800  and 13000 and banknifty may trade between  29000  and 30 000  for this week.this are very strong support and resistances as per oi chain.   8)Stocks in news Hero MotoCorp  Co Marks Retail Sales Of 14 Lakh Units In 32 Day Festive Period  ie 43750 units /day Inventory level reach all time low.  100cc and 125...

Pre-market analysis

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1)Nifty closed at 12874.20  up 0.74% and banknifty closed at 29181.30 up 2.05% 2)Global market closed negative on friday. 3)Today, US and Europe futures are trading negative and asian markets are trading flat to negative and sgx nifty future is trading at 12895 down 0.30% 4) We may open flat or  gap down of around 30-50 pts and follow global futures as the day progresses. We may see profit booking in banknifty and other sectors IT and pharma can perform today. 5)Support and resistance for nifty and banknifty 6)Nifty option pain is at 12800 and banknifty option pain is at 29000. 7)Nifty may trade between  12700  and 13000 and banknifty may trade between  28500  and 30 000  for this week.this are very strong support and resistances as per oi chain.   8)Stocks in news 1-LAKSHMI VILAS BANK 2-DLF 3-AVENUE SUPERMART 4-IRCTC 5-SPICEJET / INTERGLOBE  6-IIFL SECURITIES  7-BANK SHARES 8-TATA STEEL 9-AJANTA PHARMA 10-HD...

Pre-market analysis

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1)Nifty closed at 12780.25  up 0.47% and banknifty closed at 28594.30 up 0.45% 2)Global market closed positive on friday. 3)Today, US and Europe futures are trading negative and asian markets are trading flat to negative and sgx nifty future is trading at 12886.20 up 0.82% 4) We may open gap up of around 100-130 pts and follow global futures as the day progresses. 5)Support and resistance for nifty and banknifty 6)Nifty option pain is at 12700 and banknifty option pain is at 28400. 7)Nifty may trade between  12700  and 13000 and banknifty may trade between  27500  and  29000  for this week.this are very strong support and resistances as per oi chain.   8)Stocks in news 1-Reliance Ind. 2-BPCL 3-VODA-IDEA / BHARTI AIRTEL / RIL 4-PVR 5-INDIAN HOTELS 6-HDFC AMC 7-IOC / HPCL / BPCL 8-TATA MOTORS 9-TATA STEEL 10-L&T 9)Happy Trading 10)Follow our telegram channel 'Optionstraders' for calls on equity and options.

Pre-market analysis

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1)Nifty closed at 12631.10  up 1.36% and banknifty closed at 28606.00 up 3.89% 2)Global market closed mixed yesterday. 3)Today, US and Europe futures are trading positive and asian markets are trading mixed and sgx nifty future is trading at 12718.75 up 0.09% 4) We may open flat or gap up of around 30-50 pts and follow global futures as the day progresses,expecting pharmas to have major shortcovering today. 5)Support and resistance for nifty and banknifty 6)Nifty option pain is at 12500 and banknifty option pain is at 28000. 7)Nifty may trade between  12500  and 13000 and banknifty may trade between  28000  and 29000  for this week.this are very strong support and resistances as per oi chain. 8)Results today  Coal India Aurobindo Pharma Abbott India Apollo Hospitals Ashoka Buildcon Astra Microwave Bharat Forge CAMS GIC Housing  Godrej Industries Garden Reach Ship Indiabulls Housing Finance IGL ITI LIC Housing 9)Stocks ...

Pre-market analysis

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1)Nifty closed at 12461.05  up 1.61% and banknifty closed at 27534.10 up 2.74% 2)Global market closed positive yesterday. 3)Today, US and Europe futures are trading negative and asian markets are trading negative and sgx nifty future is trading at 12616.50 up 1.10% 4) We may open gap up of around 120-150 pts and follow global futures as the day progresses. 5)Support and resistance for nifty and banknifty 6)Nifty option pain is at 12300 and banknifty option pain is at 27000. 7)Nifty may trade between  12100  and 1270 0  and banknifty may trade between  27000  and  28000  for this week.this are very strong support and resistances as per oi chain. 8)Results today  M&m Infoedge Nmdc Hindalco Gail Motherson sumi Procter n gamble Aarthi indust Godfrey phillips Kscl Jb chem n pharma Alkylamine 9)Stocks in news EIL  Engineers India to consider buyback of equity shares on November 12, 2020 Inox Inox Leisure launches QI...

Pre-market analysis

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1)Nifty closed at 12263.55  up 1.18% and banknifty closed at 26798.95 up 1.85% 2)Global market closed negative on friday. 3)Today, US and Europe futures are trading positive and asian markets are trading positive and sgx nifty future is trading at 12408.20 up 0.41% 4) We may open gap up of around 120-150 pts and follow global futures as the day progresses. 5)Support and resistance for nifty and banknifty 6)Nifty option pain is at 12150 and banknifty option pain is at 26400. 7)Nifty may trade between  12100  and 1250 0  and banknifty may trade between  26000  and  27000  for this week.this are very strong support and resistances as per oi chain. 8)Results today  9)Stocks in news Gland Pharma IPO Raises Rs 1943.86 Cr from 70 anchor investors Allotted 12,959,089 equity shares at an upper price band of Rs 1500/share Biocon  Biocon Biologics Receives $15 Cr Capital Injection from Goldman Sachs 10) F&O B...

Trading Strategies Series Part 6

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Combo Supertrend along with RSI Today we will be discussing how Combo SuperTrend along with RSI can help us trade accurate intraday trades with more efficiency. Supertrend Indicator - As the name suggests, ‘Supertrend’ is a trend-following indicator -  The indicator is easy to use and gives an accurate reading about an ongoing trend. - A ‘Supertrend’ also acts as a strong support or resistance and it also provides a trailing stop loss for the existing trade. In a ‘buy’ signal, any dip towards the indicator can also be used as a buying opportunity and vice versa - Works well in a trending market RSI  - The relative strength index (RSI) is a momentum indicator - Measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock Indicator Settings We will need three supertrend along with RSI 1. Supertrend(9,2) 2. Supertrend(10,3) 3. Supertrend(14,3) 4. RSI default 14 or 7 Candle Time Frame : 5 Min Long Entry Strategy -  RSI a...

Pre-market analysis

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1)Nifty closed at 12120.30  up 1.78% and banknifty closed at 26313.10 up 2.10% 2)Global market closed positive yesterday. 3)Today, US and Europe futures are trading positive and asian markets are trading mixed and sgx nifty future is trading at 12168 up 0.14% 4) We may open gap up of around 30-50 pts and follow global futures as the day progresses. 5)Support and resistance for nifty and banknifty 6)Nifty option pain is at 12000 and banknifty option pain is at 26000. 7)Nifty may trade between  12000  and 1250 0  and banknifty may trade between  25500  and  27000  for this week.this are very strong support and resistances as per oi chain. 8)Results today  Cipla, ITC  Vedanta, AB Fashion, Ashok Leyland, Astral Poly, Balkrishna Inds, BEML, BEL, BHEL, CreditAccess Grameen, Glenmark, Dr Lal Pathlabs, Gulf Oil, India Cements, Manappuram Fin, MRF, REC, SCI, Tata Consumer Products, United Breweries, Voltas, VRL Logistics 9...

Pre-market analysis

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1)Nifty closed at 11908.50  up 0.80% and banknifty closed at 25771.60 up 0.35% 2)Global market closed positive yesterday. 3)Today, US and Europe futures are trading positive and asian markets are trading positive and sgx nifty future is trading at 12080 up 1.44% 4) We may open gap up of around 150-180 pts and follow global futures as the day progresses. 5)Support and resistance for nifty and banknifty 6)Nifty option pain is at 11800 and banknifty option pain is at 25200. 7)Nifty may trade between  11700  and 1230 0  and banknifty may trade between  25000  and  26500  for this week.this are very strong support and resistances as per oi chain. 8)Results today  Berger paints Concor Dish tv Gujrat gas Trent Emami Astrazen Torrent power Vinati organics Adani trans Adani power Godrej cons Birlasoft 9)Stocks in news PVR/INOX/UFO MOVIES/MUKTA ARTS/ CINELINE /BALAJI TELE Maharashtra Govt  says Cinema Halls/Theatres/Multipl...