BANKNIFTY

Confidence is a very important factor in trading and single trade can increase it or reduce it. Why I always stress on Breadth tools? And how different are they from traditional indicators? 1. Breadth tools don't take the price of the asset in the account 2. Breadth tools will help us to see important information like "Number of Stocks Moving on UP TICK" and...

Cautious stance is the best way to trade BNF now....any rally can be used to short BNF....respect risk

NSE:BANKNIFTY Banknifty near resistance zone wait for breakout or risky trader can short

as we can see ...........stoch rsi suggesting an overbought territory ....... lets take bnf down happy trading :)

BUY above 28150 SL 28130 Targets 28170, 28200, 28300, 28400, 28500 BANKNIFTY 17OCT 28100 CE (₹444.95) OR SELL below 27900 SL 27920 Targets 27880, 27800, 27700 BANKNIFTY 17OCT 27900 PE (₹380)

Motherson Sumi - Will it reverse from its Supports , If holds then we can see fresh reversal.

Look at the two observations listed below: 1) On daily chart, Nifty finished as a green base-like candle and Bank nifty finished as a red base-like candle. 2) On daily chart, nifty's friday's lower low was nearer to thursday's low and high was much higher than thursday's high whereas for Banknifty, the lower low was significantly lower than thursday's low and...

Understanding TICK volume is very important and most of the professional traders use this information and build custom tools to trade Nifty and BankNifty . They spend a huge amount of money and time to build systems that are good at understanding the behaviour of other traders. Reading the general public and traders interest is very important to be successful in...

Understanding TICK volume is very important and most of the professional traders use this information and build custom tools to trade Nifty and BankNifty. They spend a huge amount of money and time to build systems that are good at understanding the behaviour of other traders. Reading the general public and traders interest is very important to be successful in...

ONCE AGAIN SIGNAL SYSTEM PROVES Option traders - See the Session Point of Controls and take the decision for Intraday trading. Apply Smart Money Flow analytics to see how the Cash flow is supporting your trading decision. Understanding Nifty or BankNifty formation based on the Free Float market cap is the success of trading. The chart explains the power of...

After a bag correction IndiaBulls Hosing Finance is trying to move back, long positions can be considered on dips. Probably all the bad news is priced in already, there is a huge buildup on short side. Show of little strength may result in a cascading effect and push the prices higher in no time. Trade on the long side, utilising dips for a target of 340 or so....

BUY above 29000 SL 28980 Targets 29020, 29100, 29150, 29200, 29250, 29300, 29350, 29400, 29450, 29500 BANKNIFTY 3OCT 29000 CE (₹148.15) OR SELL below 28700 SL 28720 Targets 28680, 28600, 28550, 28500, 28450, 28400, 28350, 28300, 28200, 28100, 28000 BANKNIFTY 3OCT 28700 PE (₹168)

For Monday Nifty sailing above 11323 will provide comfort to the bulls, while a breach of 11229 may allow bears to take over. Daily indicators have turned from mild bearish to mild positive after yesterday's (11th Oct) session, but the same for Bank Nifty are still weak. Nifty and Bank Nifty may not move in different directions for long. False signals are...

Nifty has been trading weak for a few days, a fall below 11160 will open doors for further downside. But since the market has fallen so much, global markets have been showing strength after a fall - a recovery can be expected too. RSI 2 hours chart has been following a trendline, as long as it remains below this line, trades on short sice can be taken. For the...

As compared to nifty drop in Banknifty (BNF) was much more pronounced. From high to low it was a good 638 point drop. I expected a slight drop finishing a base like candle with may be big wicks. What we got was a strong bodied red candle with high very close to open and low too quite close to closing price thereby closing below 20 & 200 DEMA. These levels did not...

Banknifty opened at the resistance of (3) wave 27701 nearby which is at value high. This resistance pushes it toward the control value at 27463(gravitating) and (4rth) wave at value low. Looking at it seems that short declining wave can start for the target. Above all levels are for a spot.

As the daily chart showing , a symmetric triangle forming on price action candles, with RSI forming potent H&S ... a more expected scenario is sharp drop down to 23000 or 20000 zone . so beware & trade cautiously .

AS WE CAN SEE ....WE HAVE FINALLY FILLED THE GAP IN NIFTY TODAY .......... NOW WE CAN BE BULLISH ON IT FOR THE TARGET OF 11320 IT IS QUITE A CONSERVATIVE TARGET BUT IT IS QUITE PRACTICAL ONE. HAPPY TRADING :)