The Rich Money TraderπŸ”₯
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NSE certified - Equity and Derivatives.
We teach people how to trade in Stock Market.
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Initiated this position on 18th,
So since then I kept telling market sentiments are bearish unless it wont cross 44100 to 44200 level. (Banknifty
I will look for buying opportunities for this week in banknifty
We can expect good move this week.
Strong support level 43500 to 43400 zone
See🀯✌️😎😎
I am still bullish in banknifty, market consolidation se bullish move mein reh sakta h. Support zone ab 44100 - 44200 h
Nifty is in resistance zone, 18600 to 18700. It may hault little there.
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Nifty thoda bearish opening ho sakta hai, agar first 15 min sustain karta hai toh it might go bullish again nai toh fir down movement.
Pre market - bearish data
Aaj Q4 ki GDP data bhi aane wali h apni.
The Rich Money TraderπŸ”₯
Aaj Q4 ki GDP data bhi aane wali h apni.
Expectations achie nai h so market might show some bearish move.
Market down hua and sath mein India vix bhi down...... Hmmmm this means bearish move continue hona muskil h.
More likely market aaj jyad move na kare.
So that market still not moving as expectedπŸ˜„
1 baje ke baad movement aa sakta h thoda
Today can see good movement in market
Banknifty support 43900 to 44000
Banknifty - 44400 to 44500 resistance level hai, Aaj expiry iske niche close hone k chances ho sakta h.
Aaj RBI ki monetary policy bhi aane wali h, 10:00 am
Subhah bola tha 44400 ka level resistance h, exactly wahi se reverse.βœŒοΈπŸ“ˆ
Why I prefer option selling over option buying, ( personally) this is 44000 call option, 9th june se ab tk 50% decay ho chuka h