Yesterday i told that my long position is still active which i analyzed day before yesterday now think who didn't care about my analysis. I am holding my position today also but booked half quantity as 70% target achieved. So guys trade with my analysis to be smart retailer not normal retailer whom are always trapped. But remember consistency with risk managment...
BANKNIFTY Intraday Trade Setup For 13 Dec 2022
BANKNIFTY has closed on a flat to slight positive sentiment. An inside candle has been formed in daily TF. Important level for a downside structure is 43350. Below this chances of a negative price action building is possible. If it...
BANKNIFTY Intraday Trade Setup For 18 Oct 2022
T- 40150 40300 40530
T-39600 39400 39150
BANKNIFTY has closed on a positive note with 1.56% gain. In the weekend we discussed about the range which was 39610 and 38430 , above and below we planned for a directional move. Today the range has been broken @ 39610 and...
NSE:BANKNIFTY Analysis/Prediction for tomorrow's expiry 29-09-2022
For Flat/Gap-UP/Gap-Down Opening
🟢 Buy CE above 38012
✔️ Target Should be 38350
🔴 Buy PE below 37510
✔️ Target Should be 37050
🚨 Gap-UP & Gap-Down more than 200 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 100 points wait for a pullback.
⚠️ Wait for the 5-minute candle to...
BANKNIFTY Intraday trade Setup For 16 Sep 2022
BANKNIFTY has closed on a negative note today with almost 0.5% gain. Today it made a fresh ATH. Last day we planned to buy above 41630. It gave more than 200 points gain and hit ATH then took resistance and fell. It has made a shooting...
BANKNIFTY Intraday Trade Setup For 1 Jun 2022
BANKNIFTY has given a follow up below yesterday's shooting star candle. We planned to sell below 35750, but it opened with a decent gap down. The 10 o'clock range broke upside above 35715 and gave a move till 35880. Then below our sell...
BANKNIFTY Intraday Trade Setup For 17 Feb 2022
T-38400 38600 38900
BANKNIFTY has traded in a broader range today. Today's trading range was almost 700 points. Also it has made a complete range between 38460 and 37760. Today's high and low will be the main trigger for any directional move either...
BANKNIFTY Intraday Trade Setup For 15 Feb 2022
T-36550 36375 36200
BANKNIFTY has formed a big bearish candle in daily TF. It fell more than 1600 points today. However half of the fall is contributed from gap down opening. No previous high was tested in 15 TF. It made a triangle till 2 o'clock. It fell from 37200 to till 36830...
I hope you all had Great and Happy Diwali.
Strategy to follow : Sell on Rise i.e buy Put when market faces Resistance Level.
Please trade accordingly the levels marked.
This is not Buy and Sell recommendation to any one.
This is for education purpose and a helping hand to learn trading in Market.
I hope you all like my analysis.
Please do share...
Banknifty is above 35050. It may face resistance at 35300. If banknifty sustains above 35300 then 35500.
Being First trading day of July series Wait and watch will be better for today
Major resistance: 35500
Major Support: 35000
Trade with Stoploss!
For Information & Education purpose only!
Resistance Level :
1. Good Resistance Zone exists at 34700-800.
2. Strongest Resistance at 35000 .
Support Level :
1. 34000 is Strongest Support Level .
2. Good Support at 34300.
3. 34500 is a good Support.
More Sideways below 34500 to 34700, if market opens below 34700
This is not Buy and Sell recommendation to any...
What is Elliott Wave ?
Elliott Wave theory is one of the most acknowledged and widely used forms of technical analysis. RN Elliott developed the theory after analyzing nearly 75 years of stock data, and Robert Prechter later popularized it.
According to the Wave theory, the market trades in repetitive cycles, which Elliot primarily attributed to the emotions of...
More like a breakdown ! Let’s see if it sustains...
Currently trading at no trading zone as the range between 35350-35200 has always shown indecision since last so many days! Hence its better to avoid trading this range!!
One can trade it breakdown ✅
BANKNIFTY AT REAL CRUCIAL LEVELS
MORE LIKE ASCENDING TRIANGLE PATTERN FORMED
trading at resistance now 35200 is the level to watch as of now ! The market has been consolidating since last 3-4 days expected unidirectional move if following given levels are broken and sustained ✅