We analyzed yesterday we got 1000 points trade and it was easy for option buyers, 37000 CE went from 170 to 800. Tomorrow, I am expecting a gap-up opening. Resistance: 37700 Support: 36900 Intraday levels for next session: Buy Above 37400 for the targets of 37500, 37600, and 37700. SL for the Buy Trade would be 37290. Sell Below 37200 for the targets of 37100,...
We are still in that range and we would see a trending move (1000+ points) once we see the breakout or breakdown. Last week was for Option Sellers, we made good money in option selling. For Option Buyers, trade with less quantity till the time we are in range, wait for a good move, and don't get stuck in trade for a long time. Intraday levels for next...
As we analyzed yesterday, BankNifty gave a sell trade today and took a bounce nearby our support level 35600. BankNifty is still in 1000 points range and we may get a big move (1000 points or above) once the range would break. Until now, we can play within that range and tomorrow is the weekly expiry so I am expecting the side ways market until 1:30pm. In today's...
As we analyzed sellers are getting active near 36500 levels and we again saw the rejection today. BankNifty is trading in a range and forming an indecision candle for the last 2-3 sessions, we may see a good one side move in this week. In today's session, our sell trade initiated and we booked 150 points today. Resistance: 36500 Support: 35600 Intraday levels...
BankNifty is showing some tiredness in trend and we again saw the rejection near the 36500 zones today and if we exclude initial on hour it was a sideways market. Resistance: 36300 Support: 35700 Intraday levels for tomorrow: Buy Above 36000 for the targets of 36150, 36250, and 36350. SL for the Buy Trade would be 35890. Sell Below 35800 for the targets of...
Resistance: 36000 Support: 35250 Expectations for Tomorrow: Bearish Day Intraday levels for tomorrow: Buy Above 35800 for the targets of 35980, 36100, and 36200. SL for the Buy Trade would be 35690. Sell Below 35500 for the targets of 35400, 35300, and 35200. SL for the Sell Trade would be 35610. To motivate me, Please like the idea If you agree with the...
Our Buy trade initiated above 34800 as we analyzed yesterday and all targets hit quickly. We already saw almost 5000 points rally in 4 days and weekly expiry is also done so buyers need to be cautious at this level, we have RBI policy tomorrow due to which volatility would be high. Resistance: 35750 Support: 34800 Expectations: Wild swings and overall a negative...
As we analyzed yesterday, BankNifty opened with a minor Gap up, felt, and took support near our level of 34000. Immediately it bounced to 34400 levels and after some time our buy trade initiated and all 3 targets met. For tomorrow, I think we BankNifty would open flat. Resistance - 35050 Support - 34400 Intraday levels for tomorrow: Buy Above 34800 for the...
Buy 34800 PE @ 30 for the targets of 100, 130 and 150 To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
BankNifty opened with Gapup as we analyzed yesterday and took support at the resistant line and moved up. For tomorrow, I am seeing a Flat to small Gapup opening. Resistance - 34750 Support - 34000 Intraday levels for tomorrow: Buy above 34400 for the targets of 34500, 34600, and 34700. SL for the Buy Trade would be 34290. Sell Below 34100 for the targets of...
Sell around 31300 for the targets of 31200, 31100, and 31000 with the SL of 31410. Buy above 31400 for the targets of 31500, 31600, and 31700 with the SL of 31290. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Today BankNifty crossed our lower purple trend line and started trading below the sell level, tried to bounce back and we again see the price rejection near the 31200 levels. Our sell trade triggered and all the targets are met. It was an easy day for Call Writers and Future Sellers. Intraday levels for tomorrow: Buy above 30400 for the targets of 30500, 30600,...
As we analyzed for Jan. 25th, BN took support near 31000 and bounced back by almost 700 points in less than an hour. I mentioned earlier too due to Budget volatility would be high so it's recommended to keep the volumes low. Intraday levels for tomorrow: Buy above 31300 for the targets of 31400, 31500, and 31600. SL for the Buy Trade would be 31190. Sell Below...
We have seen huge selling in the last two trading sessions resulting in 1700 points fall in BankNifty from its recent high. We either see Short covering with Gapup opening tomorrow or if it falls then should take support near 31000 physiological levels. Intraday levels for tomorrow: Buy above 31300 for the targets of 31400 and 31500. SL for the Buy Trade would...
BNF will definitely retrace and I am mostly expecting a sideways market bc Annual Budget is near and after that we can see a clear trend. I have marked the Fibonacci levels and expecting BNF to retrace to 38.2 and 50 % levels respectively before continuing the major trend reversal which we can expect since the market is too overstretched.
BankNifty didn't do much movement today, a good day for Future Buyers and Put Writers. We analyzed buy above 32500 for the 100 points target which we booked in such low movement. Levels for tomorrow: Buy above 32600 for the targets of 32700 and 32800. SL for the Buy Trade would be 32490. Sell Below 32480 for the targets of 32380, 32300, and 32000. SL for the...
It was a great day for Future Sellers and Call Writers, I also shared Expiry trade around 1:30, and the market melted from that level resulting in 3x return for Option Buyers in less than an hour. Levels for tomorrow: Buy above 32400 for the targets of 32500 and 32600. SL for the Buy Trade would be 32290. Sell Below 32100 for the targets of 32000 and 31900. SL...