Please follow levels and try to learn there is nothing like holy grail in this market , your skill will make you profitable so work on your skill , money will automatically follow.
Always remember option is a zero sum game, so please follow strict stoploss, never trade option buying without Stop loss, or hedge position.
Always remember option is a zero sum game, so please follow strict stoploss, never trade option buying without Stop loss, or hedge position.
Please follow levels , Step by step , we uses RSI 65, It clears most of the noises.
Please follow levels , Step by step , we uses RSI 65, It clears most of the noises.
Bank Nifty is forming head and shoulder pattern in daily timeframe and also forming symmetrical traingle pattern. Here are some levels for your knowledge. I am not SEBI REGISTERED analist, this is only for educational purpose
Please draw these levels in your trading , due to non availability of option data in tradingview , i uploaded png file.
BankNifty Analysis - Stance Neutral ➡️ BankNifty does the impossible today, the reason we are saying this is because, despite a UP day yesterday, BN was unable to get past the resistance of 45399. See what happened today - we opened gap-down and by 10.55 we were back at the resistance level of 45399. The rejection made sense then as the mood was still bearish and...
Follow option levels, tradingview do not provides option data of Indian Indices what you are seeing is an image. follow the levels in 5 minute chart and made profit , be sure to copy these level in your trading platforms 44800 CE strike price and then trade.
BankNifty Analysis - Stance Neutral ➡️ Is BankNifty bearish? - absolutely not. Is it bullish? It's too early to say. One thing is sure - there is some weakness impacting the banks. Are the unsecured loans haunting them? None of the balance sheets from the quarterly results are bleeding - but something is still bothering them. Today was a fine day for the banks to...
Hello Traders, Welcome to SriTrader5121 -------------------------------------------------- Bank Nifty - 24/01/2024 - Levels IMPORTENT ZONE FOR THE DAY: 45658 – 45685 Important Support and Resistance for the Day... Support - Resistance - Support-1: 44885 Resistance-1: 45358 Support-2: 44575 Resistance-2: 45660 Support-3: 44410 Resistance-3:...
Hello Traders, Welcome to SriTrader5121 -------------------------------------------------- Bank Nifty - 18/01/2024 - Levels IMPORTENT ZONE FOR THE DAY: 46630 – 46630 Important Support and Resistance for the Day... Support - Resistance - Support-1: 45975 Resistance-1: 46365 Support-2: 45830 Resistance-2: 46610 Support-3: 45660 Resistance-3:...
Hello Traders, Welcome to SriTrader5121 -------------------------------------------------- Bank Nifty - 11/01/2024 - Levels IMPORTENT ZONE FOR THE DAY: 47190 – 47220 Important Support and Resistance for the Day... Support - Resistance - Support-1: 47220 Resistance-1: 47430 Support-2: 47010 Resistance-2: 47600 Support-3: 46810 Resistance-3:...
Hello Traders, Welcome to SriTrader5121 Bank Nifty - 02/01/2024 - Levels IMPORTENT ZONE FOR THE DAY: 48234 - 48250 Possibilities of Today market open... Support - Resistance - Support-1: 48044 Resistance-1: 48134 Support-2: 47944 Resistance-2: 48235 Support-3: 47877 Resistance-3: 48297 Support-4: 47767 Resistance-4: 48297 Big-Support: 47500 ...
BankNifty Analysis Banknifty disappointed a bit today. After a shaky start just like Nifty, we hit a new ATH by 10.23 - 47588. From there we cooled off a little bit and then closed flat. From the last post-mortem we hoped that it would be a day of out performance today and sadly the price action today did not live up to that expectation. 4mts chart link - click...
BankNifty Analysis The real reason for the outperformance on Nifty50 = BankNifty today. In the last newsletter, we discussed how relevant BankNifty’s next move would turn out to be. Would you believe we took out the ATH today and the new value is 46484.45? 5mts chart link - click here BankNifty went on to take out the 45399 resistance in the gap-up open...
BankNifty Today Analysis From yesterday’s analysis, I was long into BankNifty and was quite surprised to see the breach of support level 44542 by 09.45. The candle that crossed this SR line took out 154pts, luckily no damage was done and we found a safety net at 44280 levels. 5mts chart link - click here I have not fully subscribed to the idea that the opening...
BankNifty Analysis The only inspiration BankNifty required today was to open above the resistance zone of 43404. Gap-up open solved that problem. Since that level became the new support, we had a retest at 11.05 - but it was rejected. The beauty of the trade today was that BankNifty retested the 1st candle high at 15.10 only. And even the final closing was near...