InsiderB
Short

BankNifty : Sharks & Flags in Muddy Waters !

NSE:BANKNIFTY   NIFTY BANK
BankNifty             analysis is going to be real simple one. Bearish Flag formation, so what an ideal bearish flag will do ?! Breakout to downside. There are few things we need to take note here. The first one being the Bearish flag ( which I didn't enter yesterday) so if the shark is working then it will move up a little bit and today being expiry day, if a double side move happens it will be great.

So first half of the day, I'm assuming the targets of sharks to be achieved and later by the day channel & Bearish flag comes into play with breakout, so being expiry day in Banknifty             some movements within 100-150 points on either side will be nice or to be honest I'm expecting these.

Few option traders believe they can make money in single expiry day, No it won't work that way. So never go All-in as if you are playing poker, Plan n trade carefully !
Comment: Missed 19000 by 0.85 points :D
Great work Insider B.. Moving exactly as per your chart !!!!
Reply
InsiderB ShanTrader
Thanks Shan..Let the breakout be real instead of false one !
Reply
Very much on track as of now !!!
Reply
InsiderB ShanTrader
Yeh.. looks like we are gonna have a good day :)
Reply
Yes Sirji, was a rewarding day for sure. At this juncture do you feel there is some more room for a downside ?
Reply
InsiderB ShanTrader
19050 - 19100's, No wonder if we kiss 19k's once. Whether its swift strike or slow bleed is the question now !
Reply
Thank You !!!
Reply
Vvvv nice analysis u always help me in trade decisions daily I watch ur graphs I love ur work great keep going......
Reply
InsiderB VimalVashisth
Thanks for those really kind words Vimal. Am happy that you like the content I share, looks like BankNifty decided to stay within the channel
Reply
Thanks, it will be double sided move.
Reply
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out