Quant & Derivative Analyst ASK Asset & Wealth Management| Yoga instructor & a passionate Mountaineer| Views are personal for educational purpose

Mumbai, India
Debut on @CNBCTV18News @CNBCTV18Live with @Nigel__DSouza @_soniashenoy on the show #chartbusters A big thank You for this opportunity!! Happy that the view shared played out exactly as expected. While seniors were benched, younger gen kept the party alive...
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#Nifty50 25Sep Gapdown below 23250-300 supp & close below trend supp of 23070- 🐻 domination Crucial for Nif to close abv 23100 today for stability to resume else 22800 on cards Intra range 22980/920-23125/200 ⚠️ No c/f trades as Mon can be a gap opening day on either side
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#Nifty50 24Sep Inside bar on daily charts- sustenance on a 15min tf abv yesterday’s high near 23470/ low 23345 will trigger another 70-100 pts move in that direction Intra range 23345/270-23470/565 Short term trading view of 23600 remains intact. Dips to 23250-300 are buys
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#Nifty50 23Sep 29Sep near ATM 23350 straddle pricing of 260 hints at a range of 23100-23600 for the week 👀 on further options OI built-up today & IndiaVIX Continue with short term trading view of buy on dips for a bounce-back to 23600 Intraday range: 23270/220-23390/460
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#Nifty50 22Sep 23600 on cards with supp rising to 23300 Intraday swing range 23340-23560 📍High probability of CAS close trapping 23600 CE writers. Square-off positions in time...
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#Nifty50 21Sep Slow & steady recovery will face litmus test near 23400 mark. Close abv 24200 needed for a momentum move up to 23700 On the downside, crucial to hold guard 23070-100 range to avoid major breakdown. Intraday range 23265-23420 ➡️ Buy on dips strategy continues..
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#Nifty50 18Sep Recovery attempt- Yes/ Confidence- No Close abv 23400 needed to built confidence of a sustained recovery Intraday range 23240/150-23390/420 ➡️ Positional trade: Buy Nifty in 2 tranches at 23240 & 23150 Tgt: 23600/800. SL 23070
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#Nifty50 17Sep Huge bearish engulfing candle followed by doji indicates indecisiveness & Volatility is here to stay 23070-23100-> crucial supp zone that Nif needs to hold. Sustenance below will see a slide down to 22900. +ve momentum only abv 23600 Intra 23100/070-23285/390
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#Nifty50 16Sep As indicated clearly, pull-back to 23550-600 area turned out to be D-🐈-B followed by massive selling forming a huge bearish engulfing candle on daily charts Volatility not likely to subside anytime soon Intraday Range 23070/22970- 23230/320
#Nifty50 09Sep Slow downward grind & close near day's low...yet no signs of being oversold or any major divergence. Small pull-back from 23550-600 area can turn out to be D🐈 B Intra 23620/550-23670/710 📍BN at crucial 200 DEMA of 56660. Close below can deepen slide to 56K
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#Nifty50 11Sep +ve close was a CAS play. Actual avg traded price in last hr of trade was around 23380. Do not get carried away by small pull-backs Ahead of extended weekend, expect mkts to remain soft. Avoid c/f leveraged positions Intra-range 23300/230-23530
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#Nifty50 10Sep Close at day's low again. Even intraday pullback attempts are sold into Silver lining-> clear RSI divergence on daily charts+ Midcap index holding comparatively better. We may be in the last leg of selling. However price confirmation needed Intra 23370/320-530
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#Nifty50 09Sep Slow downward grind & close near day's low...yet no signs of being oversold or any major divergence. Small pull-back from 23550-600 area can turn out to be D🐈 B Intra 23620/550-23670/710 📍BN at crucial 200 DEMA of 56660. Close below can deepen slide to 56K
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#Nifty50 08Sep Close at exactly make or break supp of 23780. However momentum remained quite negative. 23550-600 area on the cards. Intraday swing range: 23735/620-23900 First sign of stability will be a close abv previous day's high currently at 23900 Brace for Volatility..
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#Nifty50 07Sep Gravestone doji on daily charts indicates further weakness⚠️ Close below 23800 or intraday sustenance below 23780 will drag Nif to 23550-600 area. Stability to resume only on a close abv 24050 Intra-range 23870/780-24K/24050 Expect extreme volatility this week
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#Nifty50 04Sep Following global indices, gap-up opening expected on Nif. However sustenance is crucial for recovery process next week. No change in view/ levels for intraday & breakout/breakdown close zones as well. Same trading strategy of buy on dips for today ➡️
#Nifty50 03Sep Test of 23800 & reclaiming close abv 23900 sets hope of recovery Close below 23830 will open doors to downsides of 23550-600 while stability to resume only on close abv 24050 Intra-range 23860/780- 24K/24050 ➡️ Buy on dips to 23860+/- 20 pts Tgt 24K. SL 23780
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#Nifty50 03Sep Test of 23800 & reclaiming close abv 23900 sets hope of recovery Close below 23830 will open doors to downsides of 23550-600 while stability to resume only on close abv 24050 Intra-range 23860/780- 24K/24050 ➡️ Buy on dips to 23860+/- 20 pts Tgt 24K. SL 23780
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#Nifty50 01Sep Aug was dominated by CAS...ended with volatility at it's best. Options data indicate a range-bound Weekly expiry today within 24K-24200 Swing range: 23990/880-24200/250 CAS closing of 24300 possible? Comment your views on this...
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Wonder if CAS is for reduction of manipulation or manipulation power concentrated in the hands of few biggies 🤔
CAS session! 🔥 NSE turnover surged to nearly ₹40,000 cr post MSCI rebalance. Nifty Bank saw a big move, led by ICICI Bank & Axis Bank but limited action in futures. Adani Energy Solutions & Adani Enterprises saw sharp rate differences.
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#Nifty50 31Aug Month end+ MSCI rebal + GDP nos.=> perfect recipe for a volatile day Intra: 24070/020-24190/260 Sustenance below 24020 on 15m tf will see Nif drag down to 23930 intraday itself while on upside 24260-320 will be stiff resis zone. Caution for day trades- avoid ⚠️
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#Nifty50 28Aug CAS in action again.. Like Aug expiry closing was pseudo upmove that didn't sustain, yest's closing too likely be temporary Ahead of Jackson Hole meeting tonight, expect flattish day Intra 24020-24160/220 High prob of recovery/ Gap-up on Mon but no unhedged c/f
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#Nifty50 27Aug As indicated, corrective surprises played out with Nif reversing exactly from mentioned resis level-24380 Intraday 24180/100-24290/340 Recoveries will be led by Banking & Financial Services while IT likely to play spoilt sport Bottomline-No decisive Index trend
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