iCharts Discussions

[shika]

After introducing weekly expiry in bank nifty options, bank nifty futures has become highly volatile and it is respecting technical levels very well. More over we can see good volume in bank nifty options. So traders with good technicals , strict stop losses and sound cash management system can have a look at bank nifty options for good weekly gains. So far I have done 6 trades in options from 2nd week on wards till now, just one stop loss hit and 5 profitable trades.
But do not trade without stop loss.
Good luck

Ajayaa

[amitagg]

Good one
All the best
Let's see how you move on...

[venkkatshiv]

[shika]

a 15tf candle close above 19030 or below 18960 can see a good move of 120 to 160 points with sl of 50 points so trade accordingly in futures or options

ajayaa

[shika]

can v see bnf touching 20120 tomorrow ?
yes, if it closes today above 19858 and tomorrow staying above 19919 for 10 to 15 min, so accordingly buy calls expiring on 1-9-16 , less risk and more reward.

ajayaa

[shika]

now without breaking 19808, stays above 19919 , then v can see a jump of 200 points up, already bought some calls of 19800 and 19900 in 1st five minutes,

ajayaa

[shika]

bookd 90% of calls , will reenter staying above 19919

ajayaa

[Niftyman]

good call ajayaa

but whats the basis of 18858, 19919, 20120
please elucidate

thanks

[shika]

sorry friend, i cannot give the details , but i can post the levels from time to time, it is a research of over 8 years in bank nifty.
I am buyer in calls 1.at 19200 2. at 19348 3. at 19600 and 4. today morning.
all calls on 15tf closing basis except today`s

I was a user of icharts till oct 2015,( but with differrent id)now i am not using any paid charts, just trading only based on levels and my calculations

regards
ajayaa


now again it is trying to cross and stay above 19919 levels now if it fails then v can expect a fall below 19812

[shika]

now 19843 level becomes important, if bull can save till 12.45 then v can see some upside staying above 19890 level for 19960 and 19984
ajayaa

[Niftyman]

Never mind friend. I understand and respect your views. Its one discretion to divulge the details or not.
I understand the levels posted by you are of future. Do correct me if it is otherwise.
Keep posting

Thanks

[shika]

yes all are future levels

ajayaa

[shika]

2 tgts done in bnf

ajayaa

[shika]

20021 bnf resistance, 15tf candle close above this levl next upmove towards
20085 and 20105

ajayaa

[shika]

19843 lvl imp, if broken trend will change

ajayaa