TRADING PLAN FOR NIFTY AND BANK NIFTY FOR 05-01-2021LEVELS 29-11-2021 NIFTY
RES- 1. 37000
2.37230 17825
3.-------- 17890
SUP-1.36750 17770
2.36570 17630
This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
The channel is also a provider of technical knowledge on technical analysis.
This is merely a recommendation channel, so please do your own analysis as I am not a SEBI registered analyst.
Please support the channel by liking, sharing and subscribing.
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Maverick Trader
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Channel run by
K.G. Varoon
Dhruv Shah
BANK
TRADING PLAN FOR NIFTY AND BANK NIFTY FOR 4-01-2022LEVELS 29-11-2021 NIFTY
RES- 1. 36570
2.36740 17710
3.-------- 17635
SUP-1.36430 17530
2.36225 17360
This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
The channel is also a provider of technical knowledge on technical analysis.
This is merely a recommendation channel, so please do your own analysis as I am not a SEBI registered analyst.
Please support the channel by liking, sharing and subscribing.
Regards
Maverick Trader
#maverick #trader #mavericktrader #india #nse #bse #stock #markets #stockmarkets #trading #investment #nifty #banknifty #bank
Channel run by
K.G. Varoon
Dhruv Shah
Bank NiftyPrice just broken the daily resistance level, we could expect some pull backs, from there we can buy till price reach the H1 bearish OB inside the Daily BB, or price can open Gap up by breaking 50% fib level from there it can directly reverse by mitigating H1 bearish OB.. My long term bias for the bank nifty is still bearish as price about to reach the daily premium level
TRADING PLAN FOR NIFTY AND BANK NIFTY FOR 1-01-2022LEVELS 29-11-2021 NIFTY
RES- 1. 35760
2.35950 17530
3.-------- 17600
SUP-1.35000 17290
2.34640 17200
This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
The channel is also a provider of technical knowledge on technical analysis.
This is merely a recommendation channel, so please do your own analysis as I am not a SEBI registered analyst.
Please support the channel by liking, sharing and subscribing.
Regards
Maverick Trader
#maverick #trader #mavericktrader #india #nse #bse #stock #markets #stockmarkets #trading #investment #nifty #banknifty #bank
Channel run by
K.G. Varoon
Dhruv Shah
TRADING PLAN FOR NIFTY AND BANK NIFTY FOR 31-12-2021LEVELS 29-11-2021 NIFTY
RES- 1. 35025
2.35200 17200
3.35330 17100
SUP-1.34750 16840
2.34460 16730
This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
The channel is also a provider of technical knowledge on technical analysis.
This is merely a recommendation channel, so please do your own analysis as I am not a SEBI registered analyst.
Please support the channel by liking, sharing and subscribing.
Regards
Maverick Trader
#maverick #trader #mavericktrader #india #nse #bse #stock #markets #stockmarkets #trading #investment #nifty #banknifty #bank
Channel run by
K.G. Varoon
Dhruv Shah
TRADING PLAN FOR NIFTY AND BANK NIFTY FOR 30-12-2021LEVELS 29-11-2021 NIFTY
RES- 1. 35025
2.35200 17200
3.35330 17100
SUP-1.34750 16840
2.34460 16730
This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
The channel is also a provider of technical knowledge on technical analysis.
This is merely a recommendation channel, so please do your own analysis as I am not a SEBI registered analyst.
Please support the channel by liking, sharing and subscribing.
Regards
Maverick Trader
#maverick #trader #mavericktrader #india #nse #bse #stock #markets #stockmarkets #trading #investment #nifty #banknifty #bank
Channel run by
K.G. Varoon
Dhruv Shah
TRADING PLAN FOR NIFTY AND BANK NIFTY FOR 29-12-2021LEVELS 29-11-2021 NIFTY
RES- 1.35025
2.35200 17200
3.35330 17100
SUP-1.34750 16840
2.34460 16730
This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
The channel is also a provider of technical knowledge on technical analysis.
This is merely a recommendation channel, so please do your own analysis as I am not a SEBI registered analyst.
Please support the channel by liking, sharing and subscribing.
Regards
Maverick Trader
#maverick #trader #mavericktrader #india #nse #bse #stock #markets #stockmarkets #trading #investment #nifty #banknifty #bank
Channel run by
K.G. Varoon
Dhruv Shah
Simple Trade Setup | BANKNIFTY | 28-12-2021 [INTRADAY]NSE:BANKNIFTY
Still the trade setup and levels remains same as per previous.
Trade Setup for Date: 28-12-2021
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
TRADING PLAN FOR NIFTY AND BANK NIFTY FOR 28-12-2021LEVELS 29-11-2021 NIFTY
RES- 1.35025
2.35200 17200
3.35330 17100
SUP-1.34750 16840
2.34460 16730
This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
The channel is also a provider of technical knowledge on technical analysis.
This is merely a recommendation channel, so please do your own analysis as I am not a SEBI registered analyst.
Please support the channel by liking, sharing and subscribing.
Regards
Maverick Trader
#maverick #trader #mavericktrader #india #nse #bse #stock #markets #stockmarkets #trading #investment #nifty #banknifty #bank
Channel run by
K.G. Varoon
Dhruv Shah
bank niftyHTF bias for Bank nifty is still bearish, hence i expect once again bear run tomorrow...
if we have Gap up opening - then we can expect price to react at H1 Supply from there we can look for SELLS
- if price broke H1 Supply we can look for counter trend buys from H1 block though its a risky one (as price will be in premium zone)
If we have Gap down opening - then we can expect the Sells from either H1 BB/SnR zone or any other OB responsible for BOS
TRADING PLAN FOR NIFTY AND BANK NIFTY FOR 27-12-2021LEVELS 29-11-2021 NIFTY
RES- 1.35025
2.35200 17200
3.35330 17100
SUP-1.34750 16840
2.34460 16730
This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
The channel is also a provider of technical knowledge on technical analysis.
This is merely a recommendation channel, so please do your own analysis as I am not a SEBI registered analyst.
Please support the channel by liking, sharing and subscribing.
Regards
Maverick Trader
#maverick #trader #mavericktrader #india #nse #bse #stock #markets #stockmarkets #trading #investment #nifty #banknifty #bank
Channel run by
K.G. Varoon
Dhruv Shah
Will BANKS Blast and OUTPERFORM Nifty in the coming YEARS?The CHART is self explanatory....Bollinger bands gives us an idea of volatility in the coming months and the trendlines as you know gives idea about the resistances for the coming month and years
By looking at the chart RSI of BN is also below 60 in monthly chart and it has followed the trendline so religiously...so it is little tough to break the trendline...But investors will look BN at 30600 levels as a very good monthly support and we should expect a bounce back from those levels...If BN breaks the trendline like NIFTY 50 did in APRIL...it will outperform NIFTY 50 in the coming months and years...
Below is chart of NIFTY 50 which has broken the multi year resistance UNLIKE BN
Now the question arises why have I used LOG chart instead of ARITHMETIC chart in this analysis...The results are different for arithmetic and log chart
The below image will make it clear:
If it's still not clear I have an example for you:
if a stock jumps from 1-2 it is a 100% rally and from 2-3 it is not a 100% rally...but the arithmetic chart shows both are equal...whereas the log chart shows both are different
In a LOG chart the same difference is liked with same percentage while in arithmetic chart it is linked with arithmetic difference of both the numbers
I hope this makes it clear for you...Thus,LOG charts are more accurate in the long run and to analyse a stock or an index in long run (MONTHLY CHART).
If you want me to make such analysis for various other sectors an stocks on a monthly time frame do let me know in the comments...FOLLOW me for more such content ahead...Till then,
HAPPY TRADING :)
TRADING PLAN FOR NIFTY AND BANK NIFTY FOR 24-12-2021LEVELS 29-11-2021 NIFTY
RES- 1.35780 17000
2.35200 17200
3.35450 17100
SUP-1.34720 16840
2.34550 16730
This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
The channel is also a provider of technical knowledge on technical analysis.
This is merely a recommendation channel, so please do your own analysis as I am not a SEBI registered analyst.
Please support the channel by liking, sharing and subscribing.
Regards
Maverick Trader
#maverick #trader #mavericktrader #india #nse #bse #stock #markets #stockmarkets #trading #investment #nifty #banknifty #bank
Channel run by
K.G. Varoon
Dhruv Shah
Simple Trade Setup | BANKNIFTY | 24-12-2021[INTRADAY]NSE:BANKNIFTY
Trade Setup for Date: 24-12-2021
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
TRADING PLAN FOR NIFTY AND BANK NIFTY FOR 23-12-2021LEVELS 29-11-2021 NIFTY
RES- 1.35780 17000
2.35200 17200
3.35450 17100
SUP-1.34720 16840
2.34550 16730
This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
The channel is also a provider of technical knowledge on technical analysis.
This is merely a recommendation channel, so please do your own analysis as I am not a SEBI registered analyst.
Please support the channel by liking, sharing and subscribing.
Regards
Maverick Trader
#maverick #trader #mavericktrader #india #nse #bse #stock #markets #stockmarkets #trading #investment #nifty #banknifty #bank
Channel run by
K.G. Varoon
Dhruv Shah
TRADING PLAN FOR NIFTY AND BANK NIFTY FOR 22-12-2021LEVELS 29-11-2021 NIFTY
RES- 1.35000 16900
2.35200 16965
3.35450 17085
SUP-1.34400 16670
2.34150 16630
This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
The channel is also a provider of technical knowledge on technical analysis.
This is merely a recommendation channel, so please do your own analysis as I am not a SEBI registered analyst.
Please support the channel by liking, sharing and subscribing.
Regards
Maverick Trader
#maverick #trader #mavericktrader #india #nse #bse #stock #markets #stockmarkets #trading #investment #nifty #banknifty #bank
Channel run by
K.G. Varoon
Dhruv Shah
TRADING PLAN FOR NIFTY AND BANK NIFTY FOR 21-12-2021LEVELS 29-11-2021 NIFTY
RES- 1.34600 16700
2.34750 16800
3.35000 16600
SUP-1.34400 16400
2.34150 17300
This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
The channel is also a provider of technical knowledge on technical analysis.
This is merely a recommendation channel, so please do your own analysis as I am not a SEBI registered analyst.
Please support the channel by liking, sharing and subscribing.
Regards
Maverick Trader
#maverick #trader #mavericktrader #india #nse #bse #stock #markets #stockmarkets #trading #investment #nifty #banknifty #bank
Channel run by
K.G. Varoon
Dhruv Shah
Simple Trade Setup | BANKNIFTY | 21-12-2021 [ INTRADAY ]NSE:BANKNIFTY
Observations:
1) On 1day time frame, it is just closed at the parallel channel bottom trendline.
Please refer below chart : 1day Time Frame.
2) On 1 hr time frame,it decisively broke the trendline and closed below it.
Now this trendline will work as support if it trades above this and it will work as resistance if it trades below it.
Please refer below chart : 1hr Time Frame.
3) Again on 1 day time frame, we can see that it has major support range at 33952-34000 level. Below that it will be very weak.
Please refer below chart : 1day Time Frame.
-------------------------------------
Trade Setup for Date: 21-12-2021
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | BANKNIFTY | 20-12-2021 [ INTRADAY ] NSE:BANKNIFTY
Observations:
1) On 1day time frame, It has come below 200DMA again and now with now bottom wick. It is a stong bearish candle.
If it sustain below 200DMA then we can see more weakness in Banknifty.
200DMA is placed at 35734.42 level.
Please refer below chart : 1day Time Frame.
2) On 1hr time frame, we can see the trendline which was working as resistance and now it must work as support. But the trendline is still far away from the current level.
Please refer below chart : 1hr Time Frame.
-------------------------------------
Trade Setup for Date: 20-12-2021
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Bank Nifty Daily chart setupBank nifty though is very weak, but there is one last possibility of it to rise in short term from its important support.
On daily chart, it can be seen in process of formation of head and shoulder pattern. 1 head and shoulder completed, Monday will determine its next move, if neckline/support is broken, then we may see 500-1000 points fall.
if it reverts from support, we may see few hundreds points rise in form of next shoulder.
Monday will determine Bank Nifty's next path.