Elixir Order Flow Trading
IRCTC is Good to buy in equity above 798 with SL of 23 points and target of 23-40-60 points
irctc about to get executed.
Keep an eye on it
Keep an eye on it
Elixir Order Flow Trading
IRCTC is Good to buy in equity above 798 with SL of 23 points and target of 23-40-60 points
Buy executed in Irctc just now
Elixir Order Flow Trading
bajfinance is good to buy in equity above 6923 with SL of 100 points and target of 100 points
26 points up from our buy price now.
We are closing all the positions as stock are not giving returns as of now.
We are Keeping an Eye on Buying following options positionally
1. Indigo 1900CE above 120
2. Buying 180 Call option of Indhotel when equity breaks today's high
1. Indigo 1900CE above 120
2. Buying 180 Call option of Indhotel when equity breaks today's high
Nifty's Market profile Analysis
Till Last Trading session, Nifty Value area kept on shifting on downside -> Indicating market participants were willing to Trade further on lower levels of Nifty.
In Today's Trading Session,
1. The Value Area formation is showing Indecisiveness expectation for tomorrow's Trading Session.
2. Nifty's 2nd 5 Min. candle witnessed big selling absorption and it got coupled with net Buying in next consecutive candles, leading nifty to again move back to upper levels.
But still Nifty was not able to break the major resistance around 17250 Levels and because of Low buying demand on top, Nifty again shifted to vwap in 2nd half.
Overall as per market profile of Nifty, Nifty looks good to Sell on Rise and It might stay Mild Bearish to Sideways in tomorrow's Trading Session.
Major Big Resistance levels are at 17250 and 17300 which can be kept under watch. If Nifty is abole to break these levels with volume, then We might see more Bullishness in Nifty then in next trading Sessions.
Major Support will be around 16900 Levels around which Nifty should be able to take support Tomorrow. but if Nifty is able to break these levels tomorrow, then we can expect bigger Fall in Nifty for next Trading sessions.
Take Positions accordingly.
Happy Trading
Till Last Trading session, Nifty Value area kept on shifting on downside -> Indicating market participants were willing to Trade further on lower levels of Nifty.
In Today's Trading Session,
1. The Value Area formation is showing Indecisiveness expectation for tomorrow's Trading Session.
2. Nifty's 2nd 5 Min. candle witnessed big selling absorption and it got coupled with net Buying in next consecutive candles, leading nifty to again move back to upper levels.
But still Nifty was not able to break the major resistance around 17250 Levels and because of Low buying demand on top, Nifty again shifted to vwap in 2nd half.
Overall as per market profile of Nifty, Nifty looks good to Sell on Rise and It might stay Mild Bearish to Sideways in tomorrow's Trading Session.
Major Big Resistance levels are at 17250 and 17300 which can be kept under watch. If Nifty is abole to break these levels with volume, then We might see more Bullishness in Nifty then in next trading Sessions.
Major Support will be around 16900 Levels around which Nifty should be able to take support Tomorrow. but if Nifty is able to break these levels tomorrow, then we can expect bigger Fall in Nifty for next Trading sessions.
Take Positions accordingly.
Happy Trading
PVR is Good to Buy in Equity above 1427 with SL of 17 points and target 17-34 points
Elixir Order Flow Trading
PVR is Good to Buy in Equity above 1427 with SL of 17 points and target 17-34 points
1st target of 17 Points Done in PVR😎😎
You can start trailing it now for higher targets😍😍
You can start trailing it now for higher targets😍😍
Banknifty Update
If banknifty Futures Give Closing below 35850 by day end, then At-The Money Put Option or, Slightly OTM Put option can be purchased and Held till expiry day
we will wait till day End today and then decide weather to buy and hold current week option positionally or, not.
If banknifty Futures Give Closing below 35850 by day end, then At-The Money Put Option or, Slightly OTM Put option can be purchased and Held till expiry day
we will wait till day End today and then decide weather to buy and hold current week option positionally or, not.
Trade Idea for Banknifty
Buy banknifty 36500 Call Option for current expiry 1st and then Sell banknifty 36000 Call option at current market price.
Close the position with minor loss if Banknifty Reaches 36500, Otherwise hold position till expiry
Buy banknifty 36500 Call Option for current expiry 1st and then Sell banknifty 36000 Call option at current market price.
Close the position with minor loss if Banknifty Reaches 36500, Otherwise hold position till expiry