India name pvt bank INDUSINDBK is looking very hot on charts and at breakout zones
morning taken when it was 970+ now 984, it is expected to move 1000/1017
Option trade indusindbk 1000ce june taken at 45 now 51 targets 51/55/59/65/77 risk 33
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India name pvt bank INDUSINDBK is looking very hot on charts and at breakout zones
morning taken when it was 970+ now 984, it is expected to move 1000/1017
Option trade indusindbk 1000ce june taken at 45 now 51 targets 51/55/59/65/77 risk 33
Reliance , we shared view and strategy last week and this week from 1914 zone then at 1925 then at 1955/60 trade given in 1920ce then 1960ce all moved and hit
https://denimnifty.blogspot.com/2021/05/reliance-and-sbin-option-strategy.html
Now ysday reliance close 1960 what to do how to trade, we have nearby may expiry so not to get trap in calls as positional, use momentum to book intra
Shortterm Option MAY 1980ce in opening may b between 25-32 zone as it will open gap up risk will be 22 target expected 44/47/53
Medium term Option Reliance JUNE 2000ce 59-65 zone risk 44 for 77/83/85
Medium term option is next expiry option though rewards will be not big but u get max holding time to avoid premium decay in expiry week
Reliance Cash spot 1960 buy zone till 1970/72/78 for Gap filling 1983/1988/1996/2007/2018 Cash levels and medium term target 2100
HCC is a penny stock trading at 9.5+ , Its mainly into construction infra business have completed many projects like delhi metro kolkata metro, mumbai pune express highway etc.
Currently it got some order for chennai metro project
Well thats all fundamental , on charts it look at support zone 7-9 and breakout 11+, a low risk or good investment low value at penny stock price below 10 for expected targets of 16/18/23/28/32 cmp 9.5+,
we can expect atleast target 2and 3 in 1 year medium to longterm good
Reliance support at 1900 closed at 937 near 1930-25 add 1960 call 30-25 zone risk 15 for 40/45/55 Reliance can move 1944/1950/1964/1970
SBI moved last week all our targets it closed 360 will open up add SBIN 360call for result play 13-16 zone risk 10 for 19/20/21/22/24/27/29
SBIN spot can move 364/366/368/371/374/376 and 382 first above 385 it can move 400/409
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CARDANO trading idea suggeted on FB ysday and daybe4 ysday to few friends when it was 140 , yesterday it moved 157/161rs per coin now at 180+
Expected target of CARDANO ADA is 3$/4.8$/6.6$ and 9$ -12$ in 12-15-36 months in INR its 180rs can go upto 800-1000rs+
Drreddy As given in previous posts this month from 5000 we played till 5400
now it moving in range of 200pt Support is 5065 n 5200 resistance 5400/5495 and 5676
As result is on 14th , it is also listed on NYSE so we can expect result based reaction of 5-10%
5400ce given at 5265 on wed moved till 5330 and 5400ce moved 155-160 to 195
It can be played for 230/260 target,
5200ce can go till 330/360/390 +
Risk till 5065/5000 hold
Shree Ganesha Namah
Last post we given SBI near 358 it given 2 times opportunity to trade and moved 10 points
https://denimnifty.blogspot.com/2021/05/new-stock-idea-sbin-2-10-days.html
What is next ,
SBIN is looking breaking out zones can play in 360ce , yesterday also given it moved 13.4 to 18.6 , today can buy near 363-366 for target of 368/370
option 360ce support n buy zones 13-16 targets 18/19/20.4/21.8/23.8
This option is expected to move step wise short-term every day from dips will see buying interest
Sup is near 348 zone weak below 340/350
Drreddy last time we given on fb for target of 5250/5300/5400 it hit ,
Now result is on 14may a bullish setup is seen can trade in 5400ce buy zone till 5265 156-170 zone for 200/230/250
if anyone wish to trade in 5300ce its 180-200zone expected target 5400/5500/5600 spot zone from 5265 and option targets 260/290/330/360
Risk in drreddy is below 5065
Nifty Banknifty expiry day 12 May 2021 Strategy
From last few days nifty bank nifty moving in channel and in range, every dip is showing strength
What we can do,
My strategy is buy on dips near 14800/14780 12 may option 14800 ce for target of 14840/14880 and 14901 and 14960
2nd strategy if we open near 14840 strategy is buy 14900ce ( next expiry 20may) for target of 14901/14960
Today is high possibility to move towards 14960
Nifty from last 2 months making rangebound moves and shy at 15000,
Coming week we have early weekly expiry day due to holiday on 13th may
Today due to metal index and IT index at Nasdaq global market week sgxnifty is showing 14780,
As per charts one support at 14800/14770/14733
Buying on dips near 14770 for target 14850/930/15000 preferably in near by option or next week option 14800/900ce

Sectors = Metal and IT will be weak for the day
Bank Pharma bullish for week on dips
Stocks- SBI use dips to add for 366/371/376
LNT near 1380-77 for 1400/1414 risk 1%
Litecoin LTCUSD /LTCINR chart shared when it was 322$on 4may now 398$ what next
on 4may shared on fb
LT is near 1360 , adding 1360ce 40 risk 33 for 44/47/52
Spot level 1365 to watch for 1378/1385 sup 1350
SBI INDIA'S LARGET PSU BANK ,
We played SBIN from 180-200 levels to 400+ Now we saw it had done correction of almost 3-4 months Last top was on 18th Feb my bday , 427.7 and recent low on 19th april 321.3
Coming week we see a bullish pattern in SBIN , from low it came up but not cross the last top 364.5, 371.9
As recent structure is bullish with support at 354/ 348 a Buy for longside target of 362.9/ on crossing this 364.5/366.7 next level to watch, its slow and steady mover above 367 level it will attempt 371.9 and 376
Why many levels imp as this heavy weight stock attempt target as per level and those level act sup or res for 1 hr 1 day , As one by one targets achieved TSL can b shift or can be played multiple time by booking at res and adding on dip or crossing level
For NEXT week - SUP 348-354- 357 Target 362.9-364.5-366.9-371.9-376
SBI option 360ce in range of 12-15 risk 8 for 17/19/22.7
Om namo Lakshmi$Narayana...
Today 21 July last day be4 amavysa n weekly closing....
Open flat
.09:22 to 10:27 open high n down TCs to watch 2444/65 res for 2417/04 below 2400 2360/25.... Nifty 9850 24098
10:28 to 11:32 nifty 9850/19 bn 24098/20 tcs 2404
11:33 to 12:38 small upmove sbi n tatamotor
12:39 to 13:43 tatamotor tinplate tatasponge up 464/67
1:44 to 2:49 ... Pharma stocks sup
2:50 to 3:54 .. tatamotor day high
Om namo narayana
Ysday again dot to dot rock.. mkt open down took dot sup banknifty n moved 200pt as expected.. jindalstel moved century moved...
ONLY FOR STUDY PURPOSE
OPEN to10:17 9613 below to open n go 9556 9520 .. bn 23250 below 23250 23100 .. will book btst 9600put
10:18 to 11:23 some up 30pt nifty 80pt bn
11:24 to 12:29 metal stock jindalstel up bn sideway
12:30to 1:35 Suzlon to move 50p n lupin 15ptup
1:36 to 12:41 banknifty to buy for 100pt
2:42 to 3:47 confusion n bank stock up century text up
!!Om namo narayana !! Om ganesha jai hanuman!!
Ysday dot to dot took sup n moved 9636.. some stocks moved in early half hour n then as per given time from lows... ultracemco playing short from 1 week ysday gave quick 50pt ..though it fall 150pt... maruti as expected rock... now what store for today...
FOR STUDY PURPOSE...
Sgx down 25-30pt hint gapdown..
*9:12 to 10:17 banknifty near 23080/60 good to long for 150/250pt.... tatamotor 490 *
*10:18 to 11:23 banknifty 50/60pt up.. centurytex will move 15pt up*
*11:24 to 12:29 some profit booking 30-35pt some jwellery stock up*
*12:30 to 1:35 volatile n down*
1:36 2:40 bank buy zone n jindalstel*
*2:41 3:46 jindalstel tatamotors tinplate tatasponge tisco up*
Note banknifty 23k call will buy near 23080
Om Namo Narayana .. jai ganesha happy chaturthi
*Last time hit tatamotors and now enter in gap zone will go 505/523 slowly... suzlon added.. sbi strangle .. sunpharma strangle*
*FOR STUDY PURPOSE*
PREmkt to 09:11 little down ....
*Open to 10:17 nifty to rise 30-35pt n banknifty 120pt 9630 23480+
*10:18to 11:23 Metal and auto stock up jindalstel127-8 tatasteel tatamtors489 maruti7150
*11:24 to 12:29 Solar energy suzlon up 1rs move ..20.5/21 nifty banknifty little rangebound also some pharma stock up n some down.. *
12:30to 1:34 auto and banks.. tatamotor day high.. banks at high sbi icici*
*1:35to 2:40 confusing time in banknifty no trade zone
*2:41to 3.30 mood of market will see some 20/25pt profit booking *
Conclusion after open can play stock specific... 9634 n 74/84 are small res.. stock specific action ..banknifty 23480 n 680
Sup9565
Om namo narayana!! Jai ganesha jai bajrangbali..Happy tuesday..
As we enter in expiry week n time after may19 is hard n stock specific grinding.. prev post ultracemco short for 4260hit...
some positional eq adding as they at pain level bottom in lupin will play n then hold more..
*Nifty flirting in range 9368-9510 banknifty 22600-800/900 in spiral range*
*For study purpose*
May23 expected moves
Premkt 09:11 narayana blessings to make nifty 15-18+ banknifty 60+
* open to 10:17 banknifty 60-80+ 22730-777 nifty 9450-62 some put writing to start *
*10:18 to 11:23 speed of mkt good up down fast 20-30pt moves n bn 100pts.. *
*11:24 to 12:28 mood of mkt will slowly optimistic ..keeping it up*
12:29 to 1:34 a sudden down 20-25pt n 60-70pt bn ..n rangebound *
*1:35 to 2:39 ganesha to support mkt withput writing n banking will regain to push 30+ 80-90+bn*
2:40 to 3:45 energies will get muscles to hold on with ganesha blessings .. hanuman to support maruti last 2hr
Conclusion mixed day n swing plays.. opening 2-2.5hr good then consolidation after 1.30 till day end good ..
Bn n some stock specific will play
Suzlon slowly breaking out nxt month to go higher n expiry time..
Om namo narayana
Lupin last yr played good 2100 -1300 n last qtr when it was 1500 expected 1280... it reach ...
Now as demand zone n oversold rsi n last week inverted hammer candle weekly.. n this week played 1320 ce... it jump well..
*recently lupin had done tie up with eily lilly india*
* a small 10% return play till 1430 positional eq good *
Fut play widout option hedge not good*
* intraday 2-4rs option plays good in intra sup wid nearby call*
*FOR STUDY PURPOSE*
Om namo narayana
open flat 20+ 9445/73
09:13 to 10:17 down 20-25pt banknifty 60pts
10:18 to 11:23 grinding premium eating day low 9404 .. ultracemco res 4471 good to play short or puts buy point for day 11.20
11:24 to 12:28 bn 50-60pt jump
12:29 to 13:34 maruti tatamotor 1% move up
1:35to 2:39 lupin good n nifty 20pt up
1:402:44 day high
After 11.20 good bn 100pt nf 30+ some auto
Positional ultracemco on rise will short n add puts this exp calculated risk
Om namo narayana!!!
*9290 to 9450 rocked zee rocked...bn rock..indiaglyco moved. Acc moved Til moved.. n many more....*
*As givenlast time 9300 ce rock.. .. now june 9400pe given some getting restless what to do.. restless ppl can exit.. coz at this junctionone need both side some plays.. so with eq longs put r added of long exp*
Now friday may 12
Open 10-15pt +\-
.09:15 to 10:19 MIXEDsome stocks down pharma little
*10:20 to 11:24 from intra high stocks n some nifty bn to make low n bottom 9417-20 or 9405 22640/*
*11:25 to 12:29 quick 50-90pt bn up n nifty 20-25 pt 22730*
*12:30 to 13:34 Metal auto good *
*13:35 to 14:38 Sbi n psu stock good nifty up bn may b 22870*
*14:39 to 15:43 good time will try 9459 or 9450.. 22900*
After 11.30 will take some bn long 22640-566 if get..for 100-150pt
For STUDY PURPOSE only...
DONT FORGET 11-14MAY GREAT INDIAN SALE ..USE LINKS GIVEN... next post those who want can inbox ... n those using amazon links