Today Sensex opened with little gap up and came down but then there it has taken support at 81180 levele and which is support of Fridays market in the last hour which is good sign. it tells Sensex go up further so index option trader focus on call options.
With this support Sensex marked new high today in morning session at 81460 levels and it has sustained there with current support of 81360- 81390 and broke the 81480 resistance level twice which is again good sign for call options buyers to take position. Here Sensex tried to sustain and with new supports of 81520 level and successfully taken the next move in upward direction and again marked new high for today at 81846 level and it came down little because of profit booking of day traders or last day positional traders but again take support at 81660 again come back close to new high levels and their it has struggle to sustain with small buying and selling cycles but with support of 81660 and above todays resistance of 81630 and sustained above it and closed at 81784 levels. This is very good movement for buying call options to which makes good.
Overall index sensex movement is upward and positive which shows it will go up further but this take week and it needs to carry the created new support otherwise selling will happen and it can come down to previous levels. This is good for positional options trades to make good money out it.
If off market selling happens for profit booking and Sensex doesn’t sustain here then it will come down by breaking the created support at 81660 levels to 81480 levels if sensex breaks strong of day 81545 level then option traders can put calls once it breaks the levels of 81645
Stock Market Today : Technical Analysis For Options Trading Stock Market Live | Market Today | Senesex,Nifty 50 Technical AnalysisToday Sensex opened with little gap up and came down but then there it has taken support at 81180 levele and which is support of Fridays market in the last hour which is good sign. it tells Sensex go up further so index option trader focus on call options.
With this support Sensex marked new high today in morning session at 81460 levels and it has sustained there with current support of 81360- 81390 and broke the 81480 resistance level twice which is again good sign for call options buyers to take position. Here Sensex tried to sustain and with new supports of 81520 level and successfully taken the next move in upward direction and again marked new high for today at 81846 level and it came down little because of profit booking of day traders or last day positional traders but again take support at 81660 again come back close to new high levels and their it has struggle to sustain with small buying and selling cycles but with support of 81660 and above todays resistance of 81630 and sustained above it and closed at 81784 levels. This is very good movement for buying call options to which makes good.
Overall index sensex movement is upward and positive which shows it will go up further but this take week and it needs to carry the created new support otherwise selling will happen and it can come down to previous levels. This is good for positional options trades to make good money out it.
If off market selling happens for profit booking and Sensex doesn’t sustain here then it will come down by breaking the created support at 81660 levels to 81480 levels if sensex breaks strong of day 81545 level then option traders can put calls once it breaks the levels of 81645
If off market selling happens for profit booking and Sensex doesn’t sustain here then it will come down by breaking the created support at 81660 levels to 81480 levels if sensex breaks strong of day 81545 level then option traders can put calls once it breaks the levels of 81645
Stock Market Today : Technical Analysis For Options Trading Stock Market Live | Market Today | Senesex,Nifty 50 Technical AnalysisToday Sensex opened with little gap up and came down but then there it has taken support at 81180 levele and which is support of Fridays market in the last hour which is good sign. it tells Sensex go up further so index option trader focus on call options.
With this support Sensex marked new high today in morning session at 81460 levels and it has sustained there with current support of 81360- 81390 and broke the 81480 resistance level twice which is again good sign for call options buyers to take position. Here Sensex tried to sustain and with new supports of 81520 level and successfully taken the next move in upward direction and again marked new high for today at 81846 level and it came down little because of profit booking of day traders or last day positional traders but again take support at 81660 again come back close to new high levels and their it has struggle to sustain with small buying and selling cycles but with support of 81660 and above todays resistance of 81630 and sustained above it and closed at 81784 levels. This is very good movement for buying call options to which makes good.
Overall index sensex movement is upward and positive which shows it will go up further but this take week and it needs to carry the created new support otherwise selling will happen and it can come down to previous levels. This is good for positional options trades to make good money out it.
If off market selling happens for profit booking and Sensex doesn’t sustain here then it will come down by breaking the created support at 81660 levels to 81480 levels if sensex breaks strong of day 81545 level then option traders can put calls once it breaks the levels of 81645