It is March 2026 series and we started with a bearish mood
On 24th Feb, when the previous series monthly options expired, Nifty closed with a strong bearish candle at 25424. Around closing, the MHAF chart was clearly indicating a breakdown (pic below), and the spreadsheet was showing a sell trigger below 25488. Accordingly, following the teachings in the book, March futures were shorted at 25580, and March 25300 Puts were shorted at a premium of 278. The breakeven point to the upside stood away comfortably at 25854. If we didn't use
Resuming My NIFTY 50 Analysis Journey with Avinash Khilnani's F&O Trading Strategy
After a long break, I am excited to restart my daily analysis of the NIFTY 50 index. This time, I will focus on applying the Futures and Options (F&O) trading strategy outlined by Avinash Khilnani in his book. This approach has helped many traders understand market movements and make informed decisions. Sharing my insights regularly will not only sharpen my skills but also provide useful information to fellow traders interested in the Indian stock market. NIFTY 50 daily chart
Bearish divergence may pull down NIFTY today
On 27th Mar, Tuesday, the broader Indian market represented by the Index NIFTY50 opened with a gap up but failed to sustain the momentum....
Indian market may break out of the range to downside and find support at 9000
The benchmark index NIFTY 50 is now trading within a narrow range since 9 previous sessions. It is obvious that a break out from this...
NIFTY may take a U-turn. Fresh buying here would not be wise.
If you carefully look at the two daily charts of NIFTY below you will spot something interesting. As anyone would agree VOLUME is a key...
NIFTY bounceback could be temporary. Hidden divergence spotted.
Yesterday 23rd Jan NIFTY sharply recovered the loss experienced on the Friday of previous week and closed 42 points up at 8391. However...
Long awaited correction happened. NIFTY weakness to remain.
As forecasted yesterday, the bearish divergence spotted between NIFTY and SMT caused hammering with high volume and we gained a nice 85...
NIFTY consolidating with fresh bearish biasness.
By the end of the trading session on 16th Jan we anticipated progit booking and hence bearish sentiment on NIFTY (Red lines on the chart...
Bearish divergence indicating more profit booking ahead
On 16th Jan NIFTY closed 12 points higher which was just 5 points higher than the closing value of 12th Jan. Comparing with the SMT...
Profit booking continued. NIFTY may see further weekness.
On Friday 14th Dec NIFTY gap opened higher but failed to sustain at 8450 level and sharply came down to find support near 8410-20 level....