Nifty Bank Nifty FinNifty Probability Insights

Update as on 9:40 a.m. No Change in data, Still it is split on both sides. =================== Predictive Analytics - Data-driven patterns based prediction Jai Jinendra, Previous trading day prediction review Nifty was expected to move towards 19325. Nifty futures reached near the high of 19279 at opening of the trade and from there it went down. (Futures) Next trading day prediction Nifty Outlook for 1-Nov-2023 based on Option Chain data as on EOD 31-Oct-2023 for Expiry on 2-Nov-2023 Two different parameters are pointing towards two different directions with 18930 on lower side and 19291 on higher side.  I would again check the data in first hour after market opens to confirm any change. However looking at the weakness of the market, I feel it might go on down side. Nifty spot Support 18700 to 18800 and Resistance 19300 to 19400  Note -  1, If Prediction is pointing towards high, and market opens high next day then check the risk reward else avoid such trade. Same for opposite side. 2

 Predictive Analytics - Data-driven patterns based prediction Jai Jinendra Previous trading day prediction review Nifty was expected to move towards 19000. Nifty futures reached near the lows of 19014 which is very near the expected target and from there it bounced back. (Futures) Next trading day prediction Nifty Outlook for 31-Oct-2023 based on Option Chain data as on EOD 30-Oct-2023 for Expiry on 2-Nov-2023 Data is pointing towards 19325 (Futures) Nifty spot Support 18700 and Resistance 19400  Note - Global Uncertainties  could cause some disruption.   Disclaimer - This is not a investment or trading advice / recommendation. It does not look at Technical Analysis or Fundamental Analysis. It is based on quantitative approach using Predictive Analytics. The outcome could be prone to data issues or calculation issues. This post is for information purpose only.  I don't charge or offer any paid service. The higher probability percentage or ranking does not guarantee the actual outco

Predictive Analytics - Data-driven patterns based prediction Previous trading day prediction review Nifty was expected to move towards 19150. It indeed reached the target with High of 19160 (Futures) Next trading day prediction Nifty Outlook for 30-Oct-2023 based on Option Chain data as on EOD 27-Oct-2023 for Expiry on 2-Nov-2023 Data is pointing towards 19000 (Futures) Nifty spot Support 18700 and Resistance 19400  Note - Global Uncertainties  could cause some disruption.   Disclaimer - This is not a investment or trading advice / recommendation. It does not look at Technical Analysis or Fundamental Analysis. It is based on quantitative approach using Predictive Analytics. The outcome could be prone to data issues or calculation issues. This post is for information purpose only.  I don't charge or offer any paid service. The higher probability percentage or ranking does not guarantee the actual outcome to be matching with that of predicted outcome. I am not SEBI registered. For mo

“Two things that are important for the journey are (1) Don’t miss the right Bus (2) Get down at right Bus stop. If you miss either of them, you will not reach your destination”. – Yours truly. Support and Resistance levels plays an important role to help investors in identifying Entry, Exit, Stop Loss, trend and the price range of the stocks. If an Investor does not have proper insights of these levels they will either miss the Bus or miss the Bus stop. Many Investors relates and identifies these levels with round numbers in multiple of 100, 500 etc. For high beta stocks and index like BankNifty, it could be in multiple of 1000. e.g. If Spot Nifty Index is at 19200 then generally people will refer the range to be 19000 to 19500 etc. These round numbers are more of psychological levels rather than actual levels. Each stock has its own foot prints and patterns. Analyzing historical price data of each stock using Predictive Analytics provides a good insight in identifying the levels. Anot

Predictive Analytics - Data-driven patterns based prediction Previous trading day prediction review Two different parameters were showing two values in opposite direction with 18900 on lower side and 19200 on higher side. Market chose to move lower and low for the day was 18840 (futures) Next trading day prediction Nifty Outlook for 27-Oct-2023 based on Option Chain data as on EOD 26-Oct-2023 for Expiry on 2-Nov-2023 Nifty has fallen a lot in last few days. There is a possibility of pullback. Data is pointing towards 19150 (Futures) Next  major support between 18750 to 18850  and Resistance at 19250 to 19350.(Spot) Note - Global Uncertainties  could cause some disruption.   Why sometimes system parameters provides two predictions on opposite sides? Such scenario happens for different reasons (1) Weekly or monthly expiry has happened but complete rollover has not happened on the expiry day but operator has planned for next trading day (2) Global uncertainties, when large players want to

Predictive Analytics - Data-driven patterns based prediction Previous trading day prediction review Nifty futures was expected to move down towards 19200. It did meet the first target that was mentioned and closed at 19130  Bank Nifty futures had a split prediction of 43700 and 42850. It closed at  42850. Next trading day prediction Nifty Outlook for 26-Oct-2023 based on Option Chain data as on EOD 25-Oct-2023 for Expiry on 26-Oct-2023 Update as on 10:30 a.m.  18900  ===================== Two different parameters are pointing towards different direction. On lower side it is 18900 and higher side 19200. I will check option chain data again in first hour after market opens to see for any additional clarity.  Nifty spot minor support level of 19250 is broken. Next  major support between 18750 to 18850 (Spot), Next minor Resistance at 19250 to 19350 and major resistance 19350 to 19450 zone. Note - Global Uncertainties  could cause some disruption.   Disclaimer - This is not a investment or

Predictive Analytics - Data-driven patterns based prediction EOD data was giving prediction on both sides with different parameters so I was waiting for markets to open and see if any change.  As of 9:45 a.m. One parameter shows 43700 on higher side and another parameter shows 42850 on lower side. ================================= Next trading day prediction BankNifty (0DTE) Zero days to expiry Outlook for 25-Oct-2023 based on Option Chain data as on EOD 23-Oct-2023 for Expiry on 25-Oct-2023 Two parameters are pointing in opposite directions. While one of them is pointing towards 43700, another is pointing towards 42616. (Futures),  I will check option chain data again in first hour after market opens to see any further clarity. and update this post again. Note - Global Uncertainties and truncated trading week could cause some disruption.   Disclaimer - This is not a investment or trading advice / recommendation. It does not look at Technical Analysis or Fundamental Analysis. It is bas

Predictive Analytics - Data-driven patterns based prediction Previous trading day prediction review Nifty futures was expected to move towards 19460. It did meet the first target that was mentioned and closed at 19262.90 MidcapNifty  0DTE was expected to move towards 8775. It did meet the target. The lows of Midcap Nifty futures reached 8749. Next trading day prediction Nifty Outlook for 25-Oct-2023 based on Option Chain data as on EOD 23-Oct-2023 for Expiry on 26-Oct-2023 Data is pointing towards 19200. (Futures) Nifty spot major support level of 19350 is broken. Next minor support is 19250 and major support at 18750 (Spot) Note - Global Uncertainties and truncated trading week could cause some disruption.   Disclaimer - This is not a investment or trading advice / recommendation. It does not look at Technical Analysis or Fundamental Analysis. It is based on quantitative approach using Predictive Analytics. The outcome could be prone to data issues or calculation issues. This post is

Predictive Analytics - Data-driven patterns based prediction Note - Global Uncertainties and truncated trading week could cause some disruption on either sides.   Midcap Nifty (0DTE) Zero days to expiry Outlook for 23-Oct-2023 based on Option Chain data as on EOD 20-Oct-2023 for Expiry on 23-Oct-2023 Data is pointing towards 8775. Disclaimer - This is not a investment or trading advice / recommendation. It does not look at Technical Analysis or Fundamental Analysis. It is based on quantitative approach using Predictive Analytics. The outcome could be prone to data issues or calculation issues. This post is for information purpose only.  I don't charge or offer any paid service. The higher probability percentage or ranking does not guarantee the actual outcome to be matching with that of predicted outcome. I am not SEBI registered. For more details on Probability Analysis refer the FAQ in link below https://www.marketprobabilityinsights.com/p/what-is-probability-analysis.html  

 Predictive Analytics - Data-driven patterns based prediction Note - Global Uncertainties and truncated trading week could cause some disruption.   Previous trading day review Nifty futures was expected to move towards 19460, Nifty Outlook for 23-Oct-2023 based on Option Chain data as on EOD 20-Oct-2023 for Expiry on 26-Oct-2023 Data is pointing towards 19460. Nifty spot level of 19650 to 19750 is broken. Next minor support at 19450 and strong support is 19350 Disclaimer - This is not a investment or trading advice / recommendation. It does not look at Technical Analysis or Fundamental Analysis. It is based on quantitative approach using Predictive Analytics. The outcome could be prone to data issues or calculation issues. This post is for information purpose only.  I don't charge or offer any paid service. The higher probability percentage or ranking does not guarantee the actual outcome to be matching with that of predicted outcome. I am not SEBI registered. For more details on P

Predictive Analytics - Data-driven patterns based prediction Note - Global Uncertainties could cause some disruption.   Previous trading day review Nifty futures was expected to move towards 19706, however it reached the maximum level of 19669 Nifty Outlook for 20-Oct-2023 based on Option Chain data as on EOD 19-Oct-2023 for Expiry on 26-Oct-2023 I did not publish the report last night because of expiry. Many times positions do not get rollover to new expiry so wanted to check after market opens. As on 10:00 a.m. on 20-Oct-2023 data is pointing towards 19460. Nifty spot level of 19650 to 19750 is broken. Next minor support at 19450-19550 and strong support is 19350-10450 Disclaimer - This is not a investment or trading advice / recommendation. It does not look at Technical Analysis or Fundamental Analysis. It is based on quantitative approach using Predictive Analytics. The outcome could be prone to data issues or calculation issues. This post is for information purpose only.  I don

Nifty Outlook for 19-Oct-2023 based on Option Chain data as on EOD 18-Oct-2023 for Expiry on 19-Oct-2023 Nifty option chain data is pointing towards 19706 Note - Uncertainty in middle east could cause some disruption.   Mentioned levels are for futures and not spot. Nifty spot level of 19650 to 19750 is good support. Next minor support at 19450-19550 and strong support is 19350-10450 Disclaimer - This is not a investment or trading advice / recommendation. It does not look at Technical Analysis or Fundamental Analysis. It is based on quantitative approach using Predictive Analytics. The outcome could be prone to data issues or calculation issues. This post is for information purpose only.  I don't charge or offer any paid service. The higher probability percentage or ranking does not guarantee the actual outcome to be matching with that of predicted outcome. I am not SEBI registered. For more details on Probability Analysis refer the FAQ in link below https://www.marketprobabilityi

Power of Predictive Analytics for Prediction based on Patterns for Stock Market Assumptions of Movie PI 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph the numbers of any system, patterns emerge. Therefore: There are patterns everywhere in nature. So, what about the stock market? The universe of numbers that represents the global economy. Millions of human hands at work, billions of minds. A vast network, screaming with life. An organism. A natural organism. My hypothesis: Within the stock market, there is a pattern as well. Right in front of me. Hiding behind the numbers. Always has been. Back testing findings for Nifty 50 Stocks totally 831 years of data. 1. Out of 831 years of data (Jan to Dec for each year for Nifty 50 stocks), no pattern for 170 years (includes 50 records of 2022 as 2023 is not yet over so can not confirm precisely for 2022) 2. Correct Prediction in terms of direction, on whether

Bank Nifty (0DTE) Zero days to expiry for 18-Oct-2023 based on Option Chain data EOD 17-Oct-2023 for expiry on 18-Oct-2023 Bank Nifty Option Chain Data is pointing towards 44600 and 45000 Disclaimer - This is not a investment or trading advice / recommendation. It does not look at Technical Analysis or Fundamental Analysis. It is based on quantitative approach using Predictive Analytics. The outcome could be prone to data issues or calculation issues. This post is for information purpose only.  I don't charge or offer any paid service. The higher probability percentage or ranking does not guarantee the actual outcome to be matching with that of predicted outcome. I am not SEBI registered. For more details on Probability Analysis refer the FAQ in link below https://www.marketprobabilityinsights.com/p/what-is-probability-analysis.html

Nifty Outlook for 18-Oct-2023 based on Option Chain data as on EOD 17-Oct-2023 for Expiry on 19-Oct-2023 Nifty option chain data is pointing towards 19960  Mentioned levels are for futures and not spot. Nifty spot level of 19650 to 19750 is good support.  Disclaimer - This is not a investment or trading advice / recommendation. It does not look at Technical Analysis or Fundamental Analysis. It is based on quantitative approach using Predictive Analytics. The outcome could be prone to data issues or calculation issues. This post is for information purpose only.  I don't charge or offer any paid service. The higher probability percentage or ranking does not guarantee the actual outcome to be matching with that of predicted outcome. I am not SEBI registered. For more details on Probability Analysis refer the FAQ in link below https://www.marketprobabilityinsights.com/p/what-is-probability-analysis.html 

Nifty Outlook for 17-Oct-2023 based on Option Chain data as on EOD 16-Oct-2023 for Expiry on 19-Oct-2023 Nifty data is split with one parameter pointing towards 19646 and another pointing towards 19802. Probably global uncertainty is causing this confusion.  Current monthly expiry data for 26-Oct-2023 is pointing towards 19500 Current year end expiry data for 28-Dec-2023 also looks weak, probably because of upcoming 5 states election but there is still 2 more moths to that expiry. Mentioned levels are for futures and not spot. Nifty spot level of 19650 is good support. Below that, the next minor support is between 19450 and 19550. Disclaimer - This is not a investment or trading advice / recommendation. It does not look at Technical Analysis or Fundamental Analysis. It is based on quantitative approach using Predictive Analytics. The outcome could be prone to data issues or calculation issues. This post is for information purpose only.  I don't charge or offer any paid service. The

Outlook for 16-Oct-2023 based on Option Chain data as on EOD 13-Oct-2023 for Expiry on 19-Oct-2023 Nifty data is split with one parameter pointing towards 19675 and another pointing towards 19825. Probably global uncertainty is causing this confusion. High probability of direction towards19825.  Nifty Midcap 0DTE Zero days to expiry outlook based on EOD data on 13-Oct-2023 for expiry on 16-Oct-2023 Data is pointing towards 9175 Mentioned levels are for futures and not spot. Disclaimer - This is not a investment or trading advice / recommendation. It does not look at Technical Analysis or Fundamental Analysis. It is based on quantitative approach using Predictive Analytics. The outcome could be prone to data issues or calculation issues. This post is for information purpose only.  I don't charge or offer any paid service. The higher probability percentage or ranking does not guarantee the actual outcome to be matching with that of predicted outcome. I am not SEBI registered. For mor

Nifty Outlook for 13-Oct-2023 based on Option Chain Data as on EOD 12-Oct-2023 for expiry of 19-Oct-2023 I did not circulate the report last night because data was not clear for the direction of the market. See last night update below the ======= line The current option chain data as on 9:30 a.m. is pointing towards the direction of 19850. However best option is to stay away for today as I give more weightage to EOD data compared to intraday data. ============ Today was the weekly expiry and sometimes all carry over positions do not happen on expiry day. Two parameters are pointing in two direction 19650 and 19849. However the monthly option data is pointing towards 19800.  Disclaimer - This is not a investment or trading advice / recommendation. It does not look at Technical Analysis or Fundamental Analysis. It is based on quantitative approach using Predictive Analytics. The outcome could be prone to data issues or calculation issues. This post is for information purpose only.  I don

Nifty (0DTE) Zero Days to Expiry Outlook for 12-Oct-2023 based on Option Chain Data as on EOD 11-Oct-2023 for expiry of 12-Oct-2023  Data is pointing towards 19925 Level mentioned above is for Futures  Disclaimer - This is not a investment or trading advice / recommendation. It does not look at Technical Analysis or Fundamental Analysis. It is based on quantitative approach using Predictive Analytics. The outcome could be prone to data issues or calculation issues. This post is for information purpose only.  I don't charge or offer any paid service. The higher probability percentage or ranking does not guarantee the actual outcome to be matching with that of predicted outcome. I am not SEBI registered. For more details on Probability Analysis refer the FAQ in link below https://www.marketprobabilityinsights.com/p/what-is-probability-analysis.html 

BankNifty (0DTE)  Zero days to expiry Outlook for 11-Oct-2023 based on Option Chain Data as on EOD 10-Oct-2023 for expiry of 11-Oct-2023  Data is pointing towards 45000 Level mentioned above is for Futures  Disclaimer - This is not a investment or trading advice / recommendation. It does not look at Technical Analysis or Fundamental Analysis. It is based on quantitative approach using Predictive Analytics. The outcome could be prone to data issues or calculation issues. This post is for information purpose only.  I don't charge or offer any paid service. The higher probability percentage or ranking does not guarantee the actual outcome to be matching with that of predicted outcome. I am not SEBI registered. For more details on Probability Analysis refer the FAQ in link below https://www.marketprobabilityinsights.com/p/what-is-probability-analysis.html 

Nifty Outlook for 11-Oct-2023 based on Option Chain Data as on EOD 10-Oct-2023 for expiry of 12-Oct-2023  Data is pointing towards 19800 Level mentioned above is for Futures while below are for Spot. Support and Resistance outlook based on Spot Nifty Historical Price Data. The range of 19350 to 19450 is a good support. It is critical for Spot Nifty to remain above 19350 on closing basis. If Nifty continues to sustains above 19350 then there are chances of movement towards 19650 to 19750, However, below 19250 there are chances of it gradually moving towards 18750 to 18850. Disclaimer - This is not a investment or trading advice / recommendation. It does not look at Technical Analysis or Fundamental Analysis. It is based on quantitative approach using Predictive Analytics. The outcome could be prone to data issues or calculation issues. This post is for information purpose only.  I don't charge or offer any paid service. The higher probability percentage or ranking does not guarantee

FinNifty (0DTE)  Zero days to expiry Outlook for 10-Oct-2023 based on Option Chain Data as on EOD 9-Oct-2023 for expiry of 10-Oct-2023  Data is pointing towards 19700 Level mentioned above is for Futures  Disclaimer - This is not a investment or trading advice / recommendation. It does not look at Technical Analysis or Fundamental Analysis. It is based on quantitative approach using Predictive Analytics. The outcome could be prone to data issues or calculation issues. This post is for information purpose only.  I don't charge or offer any paid service. The higher probability percentage or ranking does not guarantee the actual outcome to be matching with that of predicted outcome. I am not SEBI registered. For more details on Probability Analysis refer the FAQ in link below https://www.marketprobabilityinsights.com/p/what-is-probability-analysis.html 

Nifty Outlook for 10-Oct-2023 based on Option Chain Data as on EOD 9-Oct-2023 for expiry of 12-Oct-2023  Data is pointing towards 19725 Level mentioned above is for Futures while below are for Spot. Support and Resistance outlook based on Spot Nifty Historical Price Data. The range of 19350 to 19450 is a good support. It is critical for Spot Nifty to remain above 19350 on closing basis. If Nifty continues to sustains above 19350 then there are chances of movement towards 19650 to 19750, However, below 19250 there are chances of it gradually moving towards 18750 to 18850. Disclaimer - This is not a investment or trading advice / recommendation. It does not look at Technical Analysis or Fundamental Analysis. It is based on quantitative approach using Predictive Analytics. The outcome could be prone to data issues or calculation issues. This post is for information purpose only.  I don't charge or offer any paid service. The higher probability percentage or ranking does not guarantee

Midcap Nifty 0 days to expiry 0DTE Outlook for 9-Oct-2023 based on Option Chain Data as on EOD 6-Oct-2023 for expiry of 9-Oct-2023   Note -  I have mentioned positive movement of Midcap Nifty below based on Option Chain Data for Monday 9-Oct-2023, However, the events in Israel that have happened after close of the market may have negative impact on sentiments on all markets including India. ============== Data is pointing towards 9156 Level mentioned above is for Futures  Disclaimer - This is not a investment or trading advice / recommendation. It does not look at Technical Analysis or Fundamental Analysis. It is based on quantitative approach using Predictive Analytics. The outcome could be prone to data issues or calculation issues. This post is for information purpose only.  I don't charge or offer any paid service. The higher probability percentage or ranking does not guarantee the actual outcome to be matching with that of predicted outcome. I am not SEBI registered. For more

Nifty Outlook for 9-Oct-2023 based on Option Chain Data as on EOD 6-Oct-2023 for expiry of 12-Oct-2023  Note -  I have mentioned positive movement of Nifty below based on Option Chain Data for Monday 9-Oct-2023, However, the events in Israel that have happened after close of the market may have negative impact on sentiments on all markets including India. ============== Data is pointing towards 19925 Level mentioned above is for Futures while below are for Spot. Support and Resistance outlook based on Spot Nifty Historical Price Data. The range of 19350 to 19450 is a good support. It is critical for Spot Nifty to remain above 19350 on closing basis. If Nifty continues to sustains above 19350 then there are chances of movement towards 19650 to 19750, However, below 19250 there are chances of it gradually moving towards 18750 to 18850. Disclaimer - This is not a investment or trading advice / recommendation. It does not look at Technical Analysis or Fundamental Analysis. It is based on q

Nifty Outlook for 6-Oct-2023 based on Option Chain Data as on EOD 5-Oct-2023 for expiry of 12-Oct-2023  Data is pointing towards 19875 Level mentioned above is for Futures while below are for Spot. Support and Resistance outlook based on Spot Nifty Historical Price Data. The range of 19350 to 19450 is a good support. It is critical for Spot Nifty to remain above 19350 on closing basis. If Nifty continues to sustains above 19350 then there are chances of movement towards 19650 to 19750, However, below 19250 there are chances of it gradually moving towards 18750 to 18850. Disclaimer - This is not a investment or trading advice / recommendation. It does not look at Technical Analysis or Fundamental Analysis. It is based on quantitative approach using Predictive Analytics. The outcome could be prone to data issues or calculation issues. This post is for information purpose only.  I don't charge or offer any paid service. The higher probability percentage or ranking does not guarantee t

BankNifty Outlook for 5-Oct-2023 based on Option Chain Data as on EOD 4-Oct-2023 for expiry of 11-Oct-2023  Data is pointing towards  43800 Level mentioned above is for Futures. Disclaimer - This is not a investment or trading advice / recommendation. It does not look at Technical Analysis or Fundamental Analysis. It is based on quantitative approach using Predictive Analytics. The outcome could be prone to data issues or calculation issues. This post is for information purpose only.  I don't charge or offer any paid service. The higher probability percentage or ranking does not guarantee the actual outcome to be matching with that of predicted outcome. I am not SEBI registered. For more details on Probability Analysis refer the FAQ in link below https://www.marketprobabilityinsights.com/p/what-is-probability-analysis.html 

Nifty Outlook for 5-Oct-2023 based on Option Chain Data as on EOD 4-Oct-2023 for expiry of 5-Oct-2023  Data is pointing towards 19350 Level mentioned above is for Futures while below are for Spot. Support and Resistance outlook based on Spot Nifty Historical Price Data. The range of 19350 to 19450 is a good support. It is critical for Spot Nifty to remain above 19350 on closing basis. If Nifty continues to sustains above 19350 then there are chances of movement towards 19650 to 19750, However, below 19250 there are chances of it gradually moving towards 18750 to 18850. Disclaimer - This is not a investment or trading advice / recommendation. It does not look at Technical Analysis or Fundamental Analysis. It is based on quantitative approach using Predictive Analytics. The outcome could be prone to data issues or calculation issues. This post is for information purpose only.  I don't charge or offer any paid service. The higher probability percentage or ranking does not guarantee th

 BankNifty 0DTE (Zero days to expiry)  Outlook for 4-Oct-2023 based on Option Chain Data as on EOD 3-Oct-2023 for expiry of 3-Oct-2023  Data is pointing towards 43750 Levels mentioned is for Futures not Spot. Disclaimer - This is not a investment or trading advice / recommendation. It does not look at Technical Analysis or Fundamental Analysis. It is based on quantitative approach using Predictive Analytics. The outcome could be prone to data issues or calculation issues. This post is for information purpose only.  I don't charge or offer any paid service. The higher probability percentage or ranking does not guarantee the actual outcome to be matching with that of predicted outcome. I am not SEBI registered. For more details on Probability Analysis refer the FAQ in link below https://www.marketprobabilityinsights.com/p/what-is-probability-analysis.html 

  Nifty Outlook for 4-Oct-2023 based on Option Chain Data as on EOD 3-Oct-2023 for expiry of 5-Oct-2023  Data is pointing towards 19300 Levels mentioned is for Futures not Spot. Disclaimer - This is not a investment or trading advice / recommendation. It does not look at Technical Analysis or Fundamental Analysis. It is based on quantitative approach using Predictive Analytics. The outcome could be prone to data issues or calculation issues. This post is for information purpose only.  I don't charge or offer any paid service. The higher probability percentage or ranking does not guarantee the actual outcome to be matching with that of predicted outcome. I am not SEBI registered. For more details on Probability Analysis refer the FAQ in link below https://www.marketprobabilityinsights.com/p/what-is-probability-analysis.html