Nifty option trading

Stock trendy

Well-Known Member
Over sold is the term normally used ..i am yet to understand it..
Is supply is drying out !! Demand emerging how do we make out..
I for one i just fallow the price levels..
 

anup0212

Well-Known Member
After today's NF move seems a long side is waiting for a bounce back and that could lead NF to 5640/50...lvl.. but could not go past that lvl...seems we will hold till 5511 lvl for tomorrow also...but if fail to happen then slide to 5450..will happen but I am expecting a bounce back...let see tomorrow , what is your veiw ST ?
As expected a minor bounce back came in but nothing good so this zone is not much good enough :(..seems now we will not even touch 5640/50 lvl and we might end up now near 5620/30 lvl (more NF stay in this zone of 5500 to 5580 things will be bad for NF and more shorts will come in .)But..I am still hoping to see Spot NF 5620+ lvl...let see on monday have a nice weekend ST and see on monday...happy edul-fittar...to all ..hk
 

Stock trendy

Well-Known Member
spot holding on 5490.low 5488
sup..spot 5520.5490......res..5546..5579 and 23.60%.at.5634..as per new low 5488
spot trades above 5546 and close that gives first signal of recovery.


spot trades above 5546 and close that gives first signal of recovery
Nifty closed 5558 next 5634...can be tested soon..anything above will be very fast to trigger Short SL.. Bounce back expected next week.
Happy long week end anup and to all.
 
spot trades above 5546 and close that gives first signal of recovery
Nifty closed 5558 next 5634...can be tested soon..anything above will be very fast to trigger Short SL.. Bounce back expected next week.
Happy long week end anup and to all.
Yeah.. and SBIN results too.. also, Food Security Bill may be passed in the Parliament. Let's see.
 

anup0212

Well-Known Member
spot trades above 5546 and close that gives first signal of recovery
Nifty closed 5558 next 5634...can be tested soon..anything above will be very fast to trigger Short SL.. Bounce back expected next week.
Happy long week end anup and to all.

happy weekend ST bro!
 

anup0212

Well-Known Member
As expected a minor bounce back came in but nothing good so this zone is not much good enough :(..seems now we will not even touch 5640/50 lvl and we might end up now near 5620/30 lvl (more NF stay in this zone of 5500 to 5580 things will be bad for NF and more shorts will come in .)But..I am still hoping to see Spot NF 5620+ lvl...let see on monday have a nice weekend ST and see on monday...happy edul-fittar...to all ..hk
As expected the bouce back took NF to 5620+ lvl and now longs should watch carefully and it is expected that today we might end up again in red and if in case we hold 5650+ then more upside which seems very unlikely so risky traders can go short now ...else wait and watch...:)
 

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