Dec 03, 2020 05:14 PM IST
Though market momentum is positively biased, technical evidence suggests that traders should remain neutral on the index, Mazhar Mohammad of Chartviewindia.in has said.
- Dec 02, 2020 04:45 PM IST
Considering the current volatile phase, traders should refrain from creating directional bets, Mazhar Mohammad of Chartviewindia.in has said.
- Dec 01, 2020 04:33 PM IST
Traders should remain neutral on the index by focussing on stock-specific opportunities, Mazhar Mohammad of Chartviewindia.in has said.
- Dec 01, 2020 09:17 AM IST
The call writers in 13000 both in upcoming weekly as well as monthly expiry indicate a hurdle around current levels for further upside.
- Nov 30, 2020 10:11 AM IST
The overall focus has now shifted towards broader markets which outperformed this week and technically it is looking strong for the December month.
- Nov 28, 2020 02:39 PM IST
From here on, sustenance above 13,146 i.e. peak of long black bar seen in Wednesday's session is essential to regain momentum on the upside.
- Nov 28, 2020 02:16 PM IST
Options have primarily been instruments that can help hedge the risk of those who would want to avoid them.
- Nov 27, 2020 04:44 PM IST
Mazhar Mohammad of Chartviewindia.in advised traders to remain neutral whereas positional traders with high risk appetite can consider shorting on a close below 12,850 levels.
- Nov 26, 2020 05:04 PM IST
Considering the strong appetite of the bulls at lower levels, it is advisable to refrain from shorting, Mazhar Mohammad of Chartviewindia.in has said.
- Nov 25, 2020 05:07 PM IST
Positional traders with a high-risk appetite can make use of rallies to create fresh short positions, Mazhar Mohammad of Chartviewindia.in has said.
- Nov 24, 2020 04:47 PM IST
Traders, who are long, should maintain a tight stop below 12,978 levels on a closing basis, Mazhar Mohammad of Chartviewindia.in said.
- Nov 24, 2020 07:15 AM IST
On the higher side, Nifty may find an immediate resistance in the range of 13,000-13,100 levels where we have seen Call writing.
- Nov 23, 2020 05:13 PM IST
Mazhar Mohammad of Chartviewindia.in has asked traders to focus on stock-specific opportunities.
- Nov 23, 2020 02:21 PM IST
In the early part of 2020, the Nifty and other global indices were down around 40 percent in just a three-month period, something not seen in recent memory.
- Nov 23, 2020 10:50 AM IST
RSI has cooled off in the last week by retracing the 65-mark from the overbought zone on the daily time frame and has the potential to touch the previous swing high.
- Nov 23, 2020 09:28 AM IST
We recommend buying HDFC Life Insurance Company around Rs 650 levels with a stop loss of Rs 550 for higher targets of Rs 850 as indicated in above chart.
- Nov 22, 2020 09:54 AM IST
Nifty futures closed the week with gains of 0.92 percent with addition in futures Open Interest by 3.04 percent on a weekly basis which indicates longs are being built up as the index is heading towards its lifetime high territory.
- Nov 22, 2020 09:31 AM IST
Any throwback from all-time high levels should be considered as a retracement move to re-test support with the larger uptrend intact.
- Nov 22, 2020 08:35 AM IST
The derivative setup indicates that the coming week is likely to be more volatile and Nifty may oscillate in a broader range of 12,600-13,000.
- Nov 21, 2020 02:05 PM IST
Traders can adopt buy on dips approach until the support level holds and expect the trading range of 12,721 to 13,050 levels.
- Nov 21, 2020 12:19 PM IST
The data point that we will look at is of Strike wise Open Interest along with ongoing Underlying price. This comparative analysis has been capable of creating a reasonable argument for a sizable move.
- Nov 20, 2020 04:42 PM IST
Mazhar Mohammad of Chartviewindia.in expects the Nifty to consolidate in the 12,963 –12,730 range.
- Nov 19, 2020 04:39 PM IST
Mazhar Mohammad of Chartviewindia.in advised traders to avoid buying the dip in haste.
- Nov 17, 2020 05:10 PM IST
Mazhar Mohammad of Chartviewindia.in advised traders to refrain from shorting unless some signs of weakness are visible.
- Nov 17, 2020 07:15 AM IST
Fall in India VIX indicates ease in commotion despite of recent rise. However, considering the rise already in place a nimble footed bullish strategy of Modified Call Butterfly is advised.