Nifty - 05 June 2023Nifty and BankNifty both has closed at a Tricky place.
It's difficult to identify the trend or opening.
Tomorrow's session depends on opening of NSE:NIFTY
I'm expecting a Bullish Gap Up opening, just because the SGX:IN1! is trading more than 100 points above NSE:NIFTY
*I don't consider any News or any other external factors or Indicators. I just use Plain Chart and Pure Price Action .
My levels and views change depending on market opening ...!!!
Trade or invest according to your analysis . This is just my view.
For complete analysis watch my YouTube Channel morning after market opening.
I'll be posting EOD analysis too.
<----- 3MRT Trading ----->
Accurate
BANKNIFTY, levels that work with maximum accuracy. Must checkHello traders,
After so many days, I'm back with posting a really wonderful idea that might help you a lot.
This is chart of banknifty 30 min tf and the levels act as perfect support and resistances which where spotted+tested 50 times in intraday trades.
I usually use this for SL and targets, and less time for entries. use 3-5 min tf to take the most advantage of these levels
these levels have a accuracy of about 94.5% according to tests.
The diagonal 2 lines which are longterm trendlines , which might help if it gives breakout and we might earn money from there as well.
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Aniket.
IDEA Analysis Very Very big momentum. 100% max target.Vodafone Idea share price rose almost 10% in Friday's early trade after the telecom major announced that it has sold its 11.15% stake in Indus Towers for Rs 3,760 crore. Now it can go more higher. and ichimoku cloud is also giving a signal of strong buy. in this analysis take entry after when trend line breaks and sustains and starts shooting up.. targets are given. Feel free to ask anything.
analysis of BAJAFNSV. must short and will be great momentum 90%.please contact your financial manager or check the analysis before taking position. The graph is in a downtrend and stochastic RSI is also indicating to short...over the past few months from November to December Bajajfinsv had grew too much and on 5 January the graph can not get to the highest point which was on about 30 January 2020 and started his journey towards downside and may give a higher momentum. Now the graph must go downwards according to my analysis..plzz tell whether the analysis is correct or wrong..