Index & Options calls with consistency

2021-06-04 13:10:08 Why you should have 2 demat accounts ??

• To practice new strategies/setups with small amount.
• Keep your Trading and investments in 2 different accounts, because trading only you need to manage actively Not your investments.
• Nowadays many brokers system hangs during live market. If you have open position then it may incur you unplanned losses. So if you have another demat and some funds then easily you can take counter position.
• If you have Zerodha account then you may know we get very small range to buy the options which is really hectic problem. Another demet with full strikes unlocked can slove your problem.

Many of you may have currently account opened in Zerodha then for your secondary demet you can choose Upstox. It has Discount brokerage, Robust trading panel, No range restrictions to buy options. If you want to open you can use the following link !

bit.ly/upstoxdemet Open / Comment

2021-06-03 16:51:20 Today Banknifty was Up by 275.25 Points or 0.78%. Maybe a good expiry for option buyers and sellers both !!

Let's analyse for Tomorrow, Banknifty closed exactly around the resistance levels, now 2 scenario possible from here - i) Banknifty will break that resistance and rally further upside
ii) Banknifty will take rejection which will form double top and may fall down.
In both the scenarios we can get good trade, be prepared.

If crossed 35720 level and 5 min candle closed above it then you can look for buying.

If broken 35550 level than means banknifty taking rejection from higher levels, You can look for shorting.

Comment down the best part you like in this analysis posts and if anything feedback you have...
Best of luck for Tomorrow Open / Comment

2021-06-03 16:51:02 Open / Comment

2021-06-03 11:41:01 140++
More than double

Its time to trail SL and enjoy the ride or book the profit
#Enjoyyyy Open / Comment

2021-06-03 11:21:24 35600 CE looking good around 65-70... Open / Comment

2021-06-03 10:25:15 35600 CE looking good around 65-70... Open / Comment

2021-06-02 17:40:05 Today Banknifty was Up by 36.55 Points or 0.10%. Last hour given good rally and closed at higher levels !!

Let's analyse for Tomorrow, Banknifty given a good breakout. If Banknifty opened Flat or 50-100 points Gap up then it may rally further in intraday. Tomorrow is weekly expiry and Vix is still around 17 which is a point to note...

If opened Flat around 35350 to 35500 levels then can look for buying.

Below 35250 you can look for shorting. Gap down opening may results good and sharp selling.

After a Sideways market from last 2-3 days, let's see tomorrow we see a trending expiry or not...
Best of Luck for Tomorrow Open / Comment

2021-06-02 17:40:02 Open / Comment

2021-06-01 16:30:06 Today Banknifty was Down by 189.45 Points or 0.53%. Sideways market expected clearly mentioned in the yesterday's analysis post.

Let's analyse for Tomorrow, If we look at chart banknifty made a rough double top pattern which is a first sign of bending of the trend !

After breaking trendline around 35400, you can look for buying. Wait for a atleast 5min candle close above trendline then it will good and safe entry.

After breaking 35220 you can look for selling. There is double top pattern and if breaking 35220 that means it breaked the support also which is multiple times tested, can get good trade in selling side.

Best of luck for Tomorrow Open / Comment