DivisLab – BTST Analysis 12th April 2023
Another marvel picked by Market Movers features for the day, DIVISLAB. A 9-day breakout, a huge change in OI
DIVISLAB is breaking out from a multiple-week consolidation with huge volumes. This is also reflected in the Long Build up, as we can see in the Futures OI data.
With an intraday OI Change of more than 18% and price appreciation of more than 8% for the day, DIVISLAB is poised for more upside. This is a great candidate for a BTST trade as we can expect a follow through of this breakout with volume.
Advance charts show a gradual increase in price and a breakout happening with volume. With an RSI of 79 in the daily time frame, this stock is poised for more upside, but need to be look for some resistance due to Daily RSI. Huge Volume and a Long Build up in Futures are enough reasons for a conviction trade. There is a long build-up in the stock with high volumes every hour.
Another marvel picked by Market Movers features for the day, DIVISLAB. A 9-day breakout, a huge change in OI
DIVISLAB is breaking out from a multiple-week consolidation with huge volumes. This is also reflected in the Long Build up, as we can see in the Futures OI data.
With an intraday OI Change of more than 18% and price appreciation of more than 8% for the day, DIVISLAB is poised for more upside. This is a great candidate for a BTST trade as we can expect a follow through of this breakout with volume.
Advance charts show a gradual increase in price and a breakout happening with volume. With an RSI of 79 in the daily time frame, this stock is poised for more upside, but need to be look for some resistance due to Daily RSI. Huge Volume and a Long Build up in Futures are enough reasons for a conviction trade. There is a long build-up in the stock with high volumes every hour.
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Good Morning Team, Both US & Indian Inflation Numbers are less than estimated which is a good sign that the inflation is cooling off. Fed minutes still shows some signs of recession expected due to Banking crisis & that's something to bother later. On the domestic front TCS results were not that exuberant & that might be a worry for IT front & today's INFY results will provide a clarity on where IT stocks headed. Remember IT stocks have been largely underperforming. Coming to Today's Expiry, so far the week was belonging to Bulls & they would like to close on a strong note. Yesterday after a while VIX started to climb a bit & keep a close tab on it today. Overall, this Market looks positionally bullish, but get ready for some whipsaw moves on Intraday due to Expiry. If the Market opens flat or falls at open will look for Support Trade at lower levels. There's No Commentary Session planned & need a Big Break before resuming Live Commentary Session. Happy Trading 👍
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⚡️⚡️⚡️ Trending Oi, You Beauty... Great Scalps & Now Looking For VWAP Support Trade⚡️⚡️⚡️
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Time For Buyers To Stay Away For Sometime, Until We See Shorts Giving Way On 1 Direction👍
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Looks Like BN is Used for Index Management, Where Nifty Is Dragged Due to IT.. Looks Like Range Play In Progress👍
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Identifying intraday market trend – OI Pulse
Identifying Intraday market trends is made simple and easy for traders. Futures OI and Trending OI is a great combination that decodes and simplifies this data for us.
Early trends have emerged in Bank nifty after the initial fall in the opening minutes. We can see there is a considerable build-up with volume in Futures OI data.
Trending OI also decodes similar data, and we can see a massive change in OI on the PE side from 9:30 AM.
These data coupled with price action on Advance Charts is a great combination to help identify the intraday trend early enough. The trend might change if we see a drastic change in OI on the Call side, though.
Identifying Intraday market trends is made simple and easy for traders. Futures OI and Trending OI is a great combination that decodes and simplifies this data for us.
Early trends have emerged in Bank nifty after the initial fall in the opening minutes. We can see there is a considerable build-up with volume in Futures OI data.
Trending OI also decodes similar data, and we can see a massive change in OI on the PE side from 9:30 AM.
These data coupled with price action on Advance Charts is a great combination to help identify the intraday trend early enough. The trend might change if we see a drastic change in OI on the Call side, though.
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Team, Finvasia has some issues on their end... Please be careful 👍
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Team, Few Brokers Have API Issues On Their End & Its Their End Problem, Nothing We Could about it... #1Cliq Works Smooth for other Brokers. So plan Trade accordingly 👍
Forwarded from Options Scalping® (Sivakumar Jayachandran)
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Go To Backoffice - BOX (secured portal) >> My profile >> Trading details >> Click on Edit button >> Select Rs.3999 monthly unlimited trading plan.
You will get a OTP either via email or SMS (as per your selection/preference) for the same which needs to be entered within 30 minutes from request time. Non-entering of OTP within defined time might lead to cancellation of request. You will need to send us a new request in case the request is cancelled.
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For further queries, please visit our knowledge base or may feel free to email us at support@vnsfin.com. Alternatively, you can also contact us at 022-61208000 and use chat support available on our website.
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Still if you wanted any Assistance you can contact below number
Shobby/ Shaabaaz - +91 7738923811
Narendra - +91 9833278879
*At the time of registration select 15Rs plan once the account is active after taking the first trade , 3999 plan will be displayed in your back end and you can follow the process*
Go To Backoffice - BOX (secured portal) >> My profile >> Trading details >> Click on Edit button >> Select Rs.3999 monthly unlimited trading plan.
You will get a OTP either via email or SMS (as per your selection/preference) for the same which needs to be entered within 30 minutes from request time. Non-entering of OTP within defined time might lead to cancellation of request. You will need to send us a new request in case the request is cancelled.
BackOffice Login Process:-
Please enter your client id (which starts from "Y") as back office user id. The default password for back office login will be your PAN Card Number in Capital letters. You may also reset your BOX password.
For further queries, please visit our knowledge base or may feel free to email us at support@vnsfin.com. Alternatively, you can also contact us at 022-61208000 and use chat support available on our website.
https://tradesmartonline.in/?referrer_id=YKAS146&utm_campaign=affiliate_home&utm_source=Referral
Still if you wanted any Assistance you can contact below number
Shobby/ Shaabaaz - +91 7738923811
Narendra - +91 9833278879
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Team, I have been saying time & again.. Go for quality & days like this enough for whatever you have saved for whole year gets wiped out in single session. Think Smart & Act Wisely. No Point In Cribbing again & again
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