Super Performance Trading & Wealth Creation
14.8K subscribers
4.14K photos
23 videos
2 files
29 links
Disclaimer
This telegram group is for educational purpose only.This channel owner isnt SEBI registered and not responsible for any of your profit/loss with this channel's views.Consult ur financial advisor before taking any decision
Download Telegram
That’s a wrap on the earnings season at-least for Nifty with all 50 having reported

Trailing 12 months PAT as of Sep 2021: β‚Ή561,032 crores.

Trailing 12 months PAT as of Dec 2021: β‚Ή596,630 crores.

6.3% sequential growth πŸ”₯
TRIL consolidating near big long term breakout area,stock has been moving up with increased volume participation indicating higher chances of BO.Support 32-31.Big momentum possible above 45-47
Volume breakup can be clearly seen on weekly charts
As per live data at 10.15 amπŸ‘‰πŸ»
Nifty cmp 17125
Resistance 17210-17260

Bank Nifty cmp 37365
Resistance 37485-37620

Bulls upper hand if price sustains above these levels,bears can trail stop as per these levels too
Some observations on volatility created by the BIG BOY CLUB:πŸ‘€πŸ‘€

πŸ‘‰πŸ»Nifty average trading range(daily volatility) at 17500 in Sep'2021 was around 140-150 points,now at 17300 its 275-300 points

πŸ‘‰πŸ»Bank Nifty average trading range(daily volatility) at 37500 in Sep'2021 was around 500-600 points,now at 37500 its 750-850 points

They are hunting stoploss of both bulls and bears with this huge volatility as there has been a surge in option sellers in last 1-2 years,retail have tried to enter their arena.So they are making sure they hurt retail option sellers
As per live chart data after first half hourπŸ‘‰πŸ»
Previous week's low and previous month's low respected by Nifty.Bank Nifty also previous week's low respectedπŸ‘€πŸ‘€
As per live data at 10 amπŸ‘‰πŸ»
Nifty cmp 16940
Resistance 17070-17150

Bank Nifty cmp 37125
Resistance 37460-37675

Bears upper hand till price sustains below these levels,bulls can keep these levels in radar too

Extra fno internal data
IV expansion in call side by 3% and put side by 6% indicating covering by put option sellers in fear and some call buyers also visible
Bulls not giving up:
17000pe OI 63 lacs yesterday's closing.Today dipped to 46 lacs at 10.23 am.Now back to 65 lacs at 12.10 pm.Tremendous resilience by bulls

Till 17000pe remains below 190 all ok for today,cmp 169
#Data Patterns cmp 597 has now corrected from recent listing price 860,now near IPO price of 585.Looks good to add on dips for those who missed application or didn't get allocationπŸ‘€πŸ‘€
Bosch is near medium term support area.Investors who love MNC pedigree can keep an eye.Support 15750-15100
ITC once again near support levels where risk reward starts getting attractive to add in portfolio.Support 209-203
As per live data at 12.25 pmπŸ‘‰πŸ»
Nifty cmp 17175
Support 17115-17050
Resistance 17290-17320

Bank Nifty cmp 37625
Support 37475-37377
Resistance 37830-38010