Hello Traders, Following are my analysis: Resistance Level : 1. Good Resistance Zone at 38200-300 2. Strongest Resistance at 38000. 3. Good Resistance at 38500. 4. Good Resistance at 38200. Support Level : 1. 37500 is Good Support Level . 2. 37000 is Strong Support Level . 3. 37350 - 500 is Good Support Zone No Trade Zone: 37700-800 This is not Buy and Sell...
Good evening all, Today: As expected the market was in range because the overtime run yesterday. Even sellers have to earn right. Tomorrow: Monthly expiry.... Buyers or Sellers? My guess is Sellers again tomorrow and a range between 38115 and 37300. I these 2 levels breach, then we get some movement. More on the south side than in the north. So; Long side...
As SGX Nifty was indicating BankNifty opened with a big Gap-down near 37650, below our Sell level, and came down towards yesterday's low. We bought BankNifty 37500 CE at 240 and BankNifty 37300 CE at 330 in the morning and Traders booked more than 30% profit in both the Trades. We bought BankNifty 37700 CE at 210 and BankNifty 37800 CE at 240 and Traders booked...
BANKNIFTY Intraday trade Setup For 30 Sep 2021 Buy-Above 38100 Sl-38000 Target - 38250 38350 Sell-Below 37680 Sl-37750 Target- 37500 37330 Expecting a rangebound Expiry.
As per our analysis, we saw huge volatility today. BankNifty opened with a gap-up and we saw a sharp selling today though the Market was oversold and saw a sharp recovery in the last hour. We took 4 Trades today and booked profit in BankNifty 38100 PE and BankNifty 38200 CE and on the other side, BankNifty 38300 CE and BankNifty 37700 CE didn't work and we booked...
Good evening all, Today: We saw a fall from the top where we had marked as resistance. And what a fall. Gave us a good 480 points. Only to go back up by 500 points. This because, it hit the SR zone of the past (20th & 22nd). A total of 900+ points earned in a day. Tomorrow: The problem with such a huge move in one day poses a problem for the next. As you can...
NSE:BANKNIFTY Trade Setup for Date 29-09-2021: 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...
Good morning all, Yesterday: We saw a new ATH due to a opening with a huge gap. It did not sustain though and started retracing after 15 mins. We however did make around 200 points in that time frame. And this, was an exact reversal from the point we had marked as a PRZ. Today: The room on top as you see, is congested with a lot of resistance areas being built...
Today BankNifty opened with a gap-up above its previous ATH, faced resistance near the 38355 zones, and remained in 200 points range for the remaining day. We bought BankNifty 38400 and BankNifty 38200 CE at 280 and 320 respectively and booked small profits in both the trades. It was a range-bound session like Friday hence we asked Traders to book small...
Good evening all, Friday: Again BNF did a number on us and opened with a huge gap up and then snuck into a range. Tomorrow: For us to have traction, we need the 38000 - 38110 mark to be comfortable breached in the north and 37525 in the south. Till then we'll pick all the crumbs we can. So; Long side view: Buy above 38000 Target 1 zone 38110 - 38150 Above this...
Today BankNifty opened with a gap-up above our Buy level and took resistance at previous ATH 38112, we saw the rejection towards 37700 zones which was the strong support zone and we updated Traders that we expect a bounce from this zone. Traders who bought CE at lower levels made a good profit. We also bought 38000 and 38100 CE but due to the range-bound marker,...
Hello Traders, Following are my analysis: More chances of Gap Down Opening. Resistance Level : 1. Good Resistance Zone at 38200-300 2. Strongest Resistance at 38000. 3. Good Resistance at 37900. 4. Strong Resistance at 38200. Support Level : 1. 37700 is Good Support Level . 2. 37000 is the Strongest Support Level . 3. 37500 is Strong Support Level . Sideways...
Good evening all, Today: BNF did a number on us and opened with a huge gap up. Invalidating our entry and target on the long side. However, if you did take an entry on the pullback and the original entry point as SL you would have made some good money. Tomorrow: Today's climb from 37300 and close at 37800 puts us in a tricky situation. We are based at one of the...
Today BankNifty opened a flat near our Buying Level 37350 but we saw selling at open and BankNifty came towards 37050 level which was a support zone. We bought BankNifty 37100 CE at 280 which went to 330, we bought again at 270 and it went to 350 and Traders booked great profit in morning trade. We booked some profit in 37200 PE too which we bought around 240 and...
Today BankNifty opened with a gap-up due to Fed US news and we saw a trending once as it broke the falling line resistance in the opening itself. We bought BankNifty 37400 PE at 240 in the morning which we booked with loss. We also bought BankNifty 37900 PE at 230 which went to above 290 and Traders booked great profit in this Trade. We also bought BankNifty...
Good afternoon all, Today: Like I mentioned yesterday, the range will be between 37400 and 36900......And it was. Also, today emphasized the importance of a correct entry and later exit. Jumping into a position is never a good idea and will never be. Tomorrow: Today suggests a downward movement for tomorrow barring the last 15M candle. Hence, we stick to our...
BANKNIFTY : For 22nd Sept Banknifty moved as expected and respected the Levels shared yesterday. As per chart, there is resistance in Banknifty. i will wait for 15 min candle to close above it for long This is my personal view and educational purpose only.
As per your analysis, BankNifty opened with a gap-up but couldn't sustain at upper levels in the morning and we saw a sell-off towards the 36500 zones. We saw a good recovery in BankNifty and on basis of our SpanAttack timings-based research, we asked Traders to hold and buy more CE at lower levels and Sell around 2:45 PM and Traders made a great profit in...