DM'S STOCK BLOG

25/12/2021

17/07/2021

NS price action
1. Ns give new breakout but not with volumes

2. -Ve divergence in daily chart

3. New upmove only above 16001 closing basis for the tgt of 16207. Below 15806 will lead to 15697,15502,15308

4. On weekly basis closing above 15969 is must but failed above it tgt is 16538. Below 15432 v will see 15132,14594, 14057


Bns Price action

1. V have 2T in Bns daily chart 35985 and Ystday 35971.95 also a bata high

2. -Ve divergence in Bns daily chart

3. New upmove only above 36165 for the tgt 36926. Below 35445 v will see 35043,34324,33605

4. On Wkly basis closing above 35882 is must but failed close at 35751 if wkly close above 35882 then tgts will be 40914

Option Chain
1. Data was -ve in both Ns & Bns means more call writers cumulative in both (Chg in Oi & Net Oi)

2. Highest Oi 16k calls and 15900 puts act as support and resistance (Vol wise also)

3. In Bn 36k call has highest OI and in put 35500

Note:- Dangerous zone
Vix at lower lows
Mkt at higher high
Fii selling
Retailers holding mkt
Monsoon delayed
🤔
फ़क़ीरी है ❤️ में कैसे कोई रुला पायेगा मुझे??
माधव मेरा सारथि है कैसे कोई हरा पायेगा मुझे??


I shared my personal views Rest Price is God.

Plz do ur due diligence for analysis



HRZ = High Resistance Zone
SSZ = Strong support Zone
NS = Nifty spot
Bns = Bank Nifty Spot
NF= Nifty Future
Bnf = Bank nifty future

03/06/2021

Once again

23/05/2021

NS price action

1. As said earlier in previous week msg Ns rising in intermedieate falling trendline channel but it breaches the channel on 18-5-21 Tue and v see a good rally up to 15,190

2. On daily time frame it breaches 15,184 but closed below it so again when goes above 15,190 high of friday V will see the 15382 1st Tgt

3. Wkly closing above 15090 is good open the doors for 16030 on wkly basis.

4. Ssz is 14990,14790/14670

5. Looking at option chain 15k puts having OI around 46 lacs becomes the support having a vol of around 4.9 CR its price close is 49 Writers can be trapped only above 102

6. Highest OI in calls more then 40 lacs is at 15500 call can be consider as Hrz its price close is 21 Writers can get trapped above price 36

7. Range as per option chain 15000/15500



Bns Price action

1. As said in previous week msg V saw fire crackers above 33459 same as Ns,,Bns also breached intermediate trendline falling channel and close above it.

2. On a daily basis closing above 34250 is good for the tgts of 36225
3. On a weekly basis closing above 33950 open the doors for 36800
4. Ssz zones 34057,33056.

5. Option chain addition of 6 lakh in 35k Oi net 11.69 lakhs Oi and vol of 2.12 cr but its quiet comfortably close above price 205 so it will become Sl for 35K call buyers.

6. In 34500 puts nearly 5.30 lacs OI added net around 5.70 lacs and vol of around 50 lacs price close is 359 writers can be trapped above 495.

7. Range as per option chain 34000/35000/3600

फ़क़ीरी है ❤️ में कैसे कोई रुला पायेगा मुझे??
माधव मेरा सारथि है कैसे कोई हरा पायेगा मुझे??


I shared my personal views Rest Price is God.

Plz do ur due diligence for analysis



HRZ = High Resistance Zone
SSZ = Strong support Zone
NS = Nifty spot
Bns = Bank Nifty Spot
NF= Nifty Future
Bnf = Bank nifty future

07/05/2021

NS price action

1. Ns SSZ 14639 & 14597 closing basis and 14945 HRZ zone, above it it can test (15,150) Today Ns close above 90 degree level of 14730

2.Range same continues 14500/15000 since month

3. Rise and fall from 14984 to 14151 and again rise to 15044 is in intermedieate range of 2 falling trend lines channel in Ns & Bns as shown in pics

4. Instead of too much pandemic mkt is not giving up

Bns Price action

1. V see good rally in mrng then difuses off it goes up to 32259 but failed to close above HRZ 33,195 also failed to close above 33,096 its 90 degree level


2. Above it v can see levels 34057,34918 Fire crackers above33,429 closing basis

3. SSZ 32,742 and 32,582

फ़क़ीरी है ❤️ में कैसे कोई रुला पायेगा मुझे??
माधव मेरा सारथि है कैसे कोई हरा पायेगा मुझे??


I shared my personal views Rest Price is God.

Plz do ur due diligence for analysis



HRZ = High Resistance Zone
SSZ = Strong support Zone
NS = Nifty spot
Bns = Bank Nifty Spot
NF= Nifty Future
Bnf = Bank nifty future

12/04/2021

1. As said ystday rally was due and a huge downfall v so breached previous month low of 14268 Ns

2. As said ystday closing below 14488 will open the doors for 14147,13779 and it closed below it.

3. Hourly chart shows +ve div so if sustained above 14378 can lead to 14446 I m not bullish until it closes above 14620

4. Also note 1 point if wkly closes below 14514 a very bad sign

5. Rsi below 50 on daily chart shows weakness

6. As said ystday Bns below 31616 v will see 30442 and almost low of 30520 below 30442 28741 closing basis

7. Bns breached monthly low of 30906 of feb month again bad sign

8. On wkly one swing support of 29687 seems

9. As like in Ns , Bns also hourly chart +ve div if sustained above 30950 can show 31190,31544 releif rally I m not bullish until it closes above 32234

10. All put writers trapped in both

11. Vix runs like a marathon runner

12. 14300 holds coz of put writers they r already trapped and close above comfortable level of 97 but as vix was high v cant consider it. More OI is in 14k puts for the support zone

13. Huge call writing seen from 14400 to 15000

14. Bns 29400/29500 puts have good OI can consider support for this week and in calls 31k is the barrier as much OI there. 29500 put writer can be weak below 90 price

15. 31k call writers can be trapped above 425.

Conclusion
Bearish view unless 14620 and 32234 eliminated and close above it...

फ़क़ीरी है ❤️ में कैसे कोई रुला पायेगा मुझे??
माधव मेरा सारथि है कैसे कोई हरा पायेगा मुझे??


I shared my personal views Rest Price is God.

Plz do ur due diligence for analysis

11/04/2021

11/4/2021
1. Last week totally range bound & previous 2 weeks 14500/15000 range continues buy on dips and sell on rise traders shinning

2. NS is strong compared to BNS due to ratio chart falling from 2.43 to 2.20

3. BNS above 33716 can open doors for 35940 and below 31616 open the doors for 30440

4. Ns can be strong above 15006 open the doors for 15555 weak below 14488 open the doors for 14197 13780

5. Looking at options High OI at 14900 & 15000 calls in puts 14800

6. 14800 put writers trap price 125 and 14900 call writers 127

7. BN 32K put writers Trap price 280 very near closing in 275

8. 32k put writers decide the moves of BNS

Conclusion
2 fears still rising covid cases can lead to lockdown and 2nd Orion still on head.

System traders badly hitted due to range in nifty so rally is due

Positive points is Results of companies are fantastic plus any package from govt if comes

I shared my personal views Rest Price is God.

Plz do ur due diligence for analysis

“फ़क़ीरी है ❤️ में कैसे कोई रुला पायेगा मुझे??
माधव मेरा सारथि है कैसे कोई हरा पायेगा मुझे??

07/04/2021

7/4/2021

1. As said yesterday Nifty made a bata low of 14573.9 acting as support holds and today from morning due to heavy put writers from 14500/14800 lifts nifty, but in the end 14900 call writers manage Ns under 14900

2. As said ystday 14800 call writers can be trapped above 81, trapped temporarily made a high of 125 and in the end managed to bring back below 81

3. Rbi Policy as expected unchanged

4. As per the Vol and OI range for tommorow is 14700/14900

5. Trap price for 14700 put writer is 95 and 14900 call writers is 45

6. V r now at 4T 14878/14883/14876/14879

7. Techinically speaking buy generates above 14921 for the tgt of 15145 with a Sl of 14707 for tommorow below 14706 Tgts 14587,14414

8. As said Ystday Bns buy above 33050 eliminated made a high of 33191 but manage to close below the level Trailing Sl for buyer is 32726 below it Tgts 32395,31925

9. V can see Fire Crakcers above 33340 for the tgts of 34000

I shared my personal views Rest Price is God.

Plz do ur due diligence for analysis

“फ़क़ीरी है ❤️ में कैसे कोई रुला पायेगा मुझे??
माधव मेरा सारथि है कैसे कोई हरा पायेगा मुझे??

06/04/2021

1. As said ystday vol and OI new range 14500/14800 Ns remains in that range only low of 14573.90 and high of and same range for tommorow as writers prove their strength

2. Today NS made a bata low 14573.9(Bata low = ending from .90 to .99)

3. New upmove above 14901 and 33050 made a high of 33007 both spot failed same continues for tomorrow

4. 7th April Rbi policy can make the market behaviour change ? Only after policy V can say

5. Rising Covid cases all over the world and Orion still on head in Sky as per astrological view are Major worries

Overall scenario seems Range bound till the 14500 put writers trapped (Trap Price 81) and 14800 call writer trapped( Price 78)

I shared my personal views Rest Price is God.

Plz do ur due diligence for analysis

Rest Krishna Knows🙏🏻

फ़क़ीरी है ❤️ में कैसे कोई रुला पायेगा मुझे??

माधव मेरा सारथि है कैसे कोई हरा पायेगा मुझे??

05/04/2021

1. As said in previous msg below NS 14668 immediate v see it happens n achieved tgt of 14464 intraday

2. 14700 put support was there but they r trapped

3. As per vol and OI new range 14500/14800

4. 14500 put writers can be trapped above 105 once they eliminated but then take control

5. V r at 3T 14876/14878/14883

6. As said below 33382 Bns will be weak n achieved tgts

7. Due to RBI policy and high Atr fall found some momentum in deeps

8. Astrologically Orion is still there in sky like it was before free fall from the top last year

Overall scenario seems bearish except some blasting boost form RBI

New upmove above 14901 and 33050 both spot
I shared my personal views Rest Price is God.

Plz do ur due diligence for analysis

02/04/2021

1. As said earlier 15k calls purane chawal restricted NS and ends in 0

2. Seeing the next week option scenario 15k calls again highest OI and vol proves to be resistance zone again and 14700 put support zone having highest OI

3. In change in OI v see more put writing.

4. On technical ground Ns breached 2T @ ends in making 3T above 14890 v can c levels 14990 and 15126 again below 14668 open the doors for 14464

5. On wkly basis closing of 14867 shows strength

6. In Bns failed to close above 34175 , but showed strength in the rally coz of 33k put writers doesnot allow to fall can be more strengthful if eliminates 34456

I shared my personal views Rest Price is God.

Plz do ur due diligence for analysis