logo.jpg
  • Home

  • TradersClub

  • Forum

  • Disclaimer

  • Members Login

  • More

    Use tab to navigate through the menu items.
    To see this working, head to your live site.
    • Categories
    • All Posts
    • My Posts
    Deepak
    Jul 17

    Nifty analysis - What can be expected next ?

    in Index Views

    Nifty 50 last week had an inside bar on weekly charts last week, market was not able to break the highs and lows of previous week, meanwhile previous week was a strong action on upside. Hence expectations are if we are going to break the highs that can be the higher probability move in direction of previous move.


    Nifty Weekly - Inside bar

    Lets have a look at the shorter timeframe references, upside we have 16146 -16194 as a gap zone which can be targeted by bulls on upside, while 15927 and 15858 remains he downside references.



    Lets check the AVWAP on options also called life VWAP for option - https://www.indianstockss.com/forum/miscellaneous/how-to-judge-if-option-seller-is-loosing-introducing-the-concept-of-life-vwap-for-an-option


    Nifty 16000 CE is trading above its life vwap and saw decent dip in OI also towards close on Friday.


    Nifty 16000CE 21st July

    Nifty 16000 PE is trading below its life vwap and OI was stable thru the day.


    Nifty 16000PE 21st July

    Disclosure: No open positions in Nifty Index.

    0 comments
    0
    Comments

    Share Your ThoughtsSign up to leave a comment.

    0 comments
    Similar Posts
    • Nifty Levels for 1st Oct'18
    • Nifty Midcap 100 Index
    • Nifty - Daily Chart - Reference levels

    Join our mailing list

    Never miss an update

    • White Twitter Icon
    • White LinkedIn Icon
    IndianStockss.com

    Delhi, India

    Indianstockss@gmail.com

    Send Us a Message
    Back to Top

    Success! Message received.