Major supply zone @ 19650-20500 and Demand zone @ 19000-19300. According to the option data max call writing @ 20000 and put writing @ 18000. If it sustains below 19000 then 1200 to 1500 point downside range will open.
Nifty closed below its demand zone @ 81120-8165. Once it sustains below this zone on Tuesday then it may test its next demand zone @ 7750-7050. Carried short position in option because it will get the benefit of 3 days time decay. tgram a t swapniltradingroom
Bank Nifty major demand zone @ 17500-17600. If it sustains below this zone it may test it’s next support @ 16650 and demand zone @ 15300-15600. If it will manage to sustain above it’s demand zone then I may see OTM call and put.
Bank Nifty closed below its major supply zone @ 19300-20000. This is also an important zone on the weekly and monthly charts. Now sustain below this zone Bank Nifty may test its next demand zone @ 17500-17800.
Yesterday Bank Nifty closed above its supply zone @ 17800-18360. Today if it will manage to sustain above this zone it may test 19100-19400. There is less probability to sustain below this zone. 19750-20230 is a short term major supply zone.
Bank Nifty closed above its demand zone @ 16700-16800. Once it sustains below this zone it may test its next support @ 16300 and 15500. On the upper side if it will hold 16800 zones then again it may test 17500-17600 zone.
22970-22330 is a demand zone. Once It will sustain below its upper zone level then it may test 22330 which is a lower level of this zone. On the upper side, 23440-23570 and 24250-24500 are supply zones.
Last day Bank Nifty closed in its supply zone @ 26400-26470. Also, this is a middle zone if it’s a major supply and demand zone. If Bank Nifty will manage to sustain above this zone then it may test its next supply zone @ 26800-27050. Sustain above 27050 it may test its next supply zone @ 27150-27300. I am expecting one bounce and don't think so Bank Nifty will...
BNF closed below its supply zone @ 27780-27900. On Monday one it will fail to sustain above this zone then it may test its next demand zone @ 27200-27370. In any case, sustaining below 27200-27360 another 1000 points downside range will open. It's next minor support @ 26945 and then next major demand zone @ 26140-26350. Both indexes may be volatile because IVX is...
Hello, Bank Nifty closed in its supply zone @ 30800-31020. If BNF will sustain above this zone then it may test its next supply zone @ 31275-31375 but in any case, if it will sustain below this zone then it may test 30650 then it may test lower level. Trade Well
Bank Nifty closed in the middle of the Major Demand and Supply Zone. I think I will avoid trading in the Bank Nifty tomorrow. I will take a short long call from support or resistance and this is not a good area to take a fresh trade. I am in wait & watch mode for tomorrow. Trade Well
Hello, For Bank Nifty now major supply zone @ 30900-31120 and demand zone @ 30550. Tomorrow if it will sustain below 30550 then it may test the next support zone @ 30120-30210 very easily. I will sell BNF in this case. Open Position: On Friday, Sold 31300 call @ 120 (closed @ 62) and 31200 call @ 140 (Closed 80).
Hello, Bank Nifty Weekly Demand Zones: 30450-30500 & 30150 & 30820-30900 & 29600-29670. Bank Nifty Weekly Supply Zones: 30900-31120 & 31450-31650 & 31900-32100 BNF may give a strong downside moment once it will sustain below 30500. I will be bullish once it will sustain above 31560 in this week.
Hello, BNF is trading near its supply zone. Tomorrow if BNF will sustain above 31550-600 then I may go long and below 31300 I may go short. Please find the supply and demand zones in the chart. Trade Well. Bank Nifty: Supply and Demand Zone for Expiry Trading
Hello, Demand Zone @ 31020-31100 and 30600-30450 and resistance @ 31440 On Tuesday there is a possibility that Bank Nifty may underperform. If it will sustain below 31100 then it will get a first bearish signal. I will go short in once it will sustain below 30900. The above view will change If it will manage to sustain above 31100. Trade Well.
Hello, As I have mentioned in my Bank Nifty Weekly post, Bank Nifty chart is stronger than Nifty. 1st Major Supply Zone @ 31375-31475 1st Demand Zone @ 30900-31050 2nd Strong Demand Zone @ 30600-30660 Neckline @ 30500 I am not expecting tomorrow BNF will sustain above its first supply zone. If it will sustain then I will plan for a long trade. On the downside,...
Please find the Trading Zones in the chart. I am carrying my long position from 30300 (spot). Every breakout of supply zone I added my long position. Find the link below. Tomorrow if it will sustain above 31050 then I will for the target of 30160. If it will sustain above 31160 then I will add a more long position and my next target will be 31300-31380. If it will...