Nifty Trade Setup fro 05.09.22 with intraday levels
Nifty is in a consolidation phase with extreme volatility in response to global cues. In a sense, the current market situation is not good after hawkish statements from Jerome Powell where he affirmed the hawkish stance the feds are willing to maintain in order to curb the rising inflation. The whole scenario is somewhat US mediated as the inflation was triggered by the continuous printing of money and now they are in a temporary corrective mode. These factors are pointing towards a bearish bias which will persist until something good comes out from the feds.
One thing to notice is that delivery based buying is happening in certain stocks by HNIs and institutions. One of the driving forces behind this is the bullish outlook regarding our GDP from the Dept. of Finance. Some experts are banking on the idea that market will sky rocket by end of 2023... yes 2023.
Conviction bearish
Bias bearish
Trade Setup
Long above 17642 Target 17700-17800
Short below 17500 Target 17485-17428
>>Option buying
Long Position: Buy 17600 CE
Short position: Buy 17400 PE
>>Option Selling
Sell 17800 CE with SL of 20 points (best entry at or above 17600)
-------------------------------------------
Standard Disclaimer
Trading stocks, options and other securities involves risk.
The risk of loss in trading securities can be substantial.
The risk involved with trading stocks, options and other securities are not suitable for all investors.
The information presented in this educational material is not intended to be
used as the sole basis of any investment decisions, nor should it be construed
as advice designed to meet the investment needs of any particular investor.
Nothing in this course constitutes legal, accounting or tax advice, or
individually tailored investment advice.
WE ARE NOT RESPONSIBLE FOR ANY GAINS OR LOSSES YOU MAKE.
WE ARE NOT SEBI REGISTERED.
*SEBI Mandatory Guidelines*
*Channel Disclaimer/ disclosure*
No tips
No advice
No recommendation
No PMS advisory
This channel do not provide any tips/recommendations/advice
All updates/posts/discussions are only for education and learning purpose.
Do Consult your financial advisor before taking trading or investing decisions
I am not responsible for any financial losses
Disclaimer/disclosure/terms and conditions applicable to all members of this channel
All rights are reserved
One thing to notice is that delivery based buying is happening in certain stocks by HNIs and institutions. One of the driving forces behind this is the bullish outlook regarding our GDP from the Dept. of Finance. Some experts are banking on the idea that market will sky rocket by end of 2023... yes 2023.
Conviction bearish
Bias bearish
Trade Setup
Long above 17642 Target 17700-17800
Short below 17500 Target 17485-17428
>>Option buying
Long Position: Buy 17600 CE
Short position: Buy 17400 PE
>>Option Selling
Sell 17800 CE with SL of 20 points (best entry at or above 17600)
-------------------------------------------
Standard Disclaimer
Trading stocks, options and other securities involves risk.
The risk of loss in trading securities can be substantial.
The risk involved with trading stocks, options and other securities are not suitable for all investors.
The information presented in this educational material is not intended to be
used as the sole basis of any investment decisions, nor should it be construed
as advice designed to meet the investment needs of any particular investor.
Nothing in this course constitutes legal, accounting or tax advice, or
individually tailored investment advice.
WE ARE NOT RESPONSIBLE FOR ANY GAINS OR LOSSES YOU MAKE.
WE ARE NOT SEBI REGISTERED.
*SEBI Mandatory Guidelines*
*Channel Disclaimer/ disclosure*
No tips
No advice
No recommendation
No PMS advisory
This channel do not provide any tips/recommendations/advice
All updates/posts/discussions are only for education and learning purpose.
Do Consult your financial advisor before taking trading or investing decisions
I am not responsible for any financial losses
Disclaimer/disclosure/terms and conditions applicable to all members of this channel
All rights are reserved
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.