understanding trades of banknifty future for 23.08.2021.
understanding trades of bank nifty future for 20.08.2021.
Understanding future trades of banknifty future for 18.08.2021 (Wednesday).
Understanding trades of banknifty future for 17.08.2021(Tuesday).
BankNifty opened with a minor gap-up near resistance and we saw a rejection in the opening. We bought 36200 PE at 280 which went to above 500 and we booked great profit. We again bought the same 36200 PE around 290 which again went to 400+. BankNifty is trading in the triangle pattern and forming higher highs and higher lows, if it opens flat tomorrow and breaks...
Understanding trades of Banknifty future for 13.08.2021 (Friday).
understanding trades of banknifty future for 12.08.2021 (Thursday - Expiry).
Understanding trades of banknifty future for 11.08.2021 (Wednesday).
BankNifty opened flat and sustained above our buy level in the morning, Future and Call Buyers made a good profit in the morning. BankNifty also gave a Sell opportunity from upper levels and we bought 36300 PE around 360 which again gave great profit. Expectations for Tomorrow: Volatile day. Intraday Levels: Buy Above 36150 Sell Below 35890 To motivate me,...
understanding trades for banknifty future trades for 10.08.2021 (Tuesday).
understanding trades of Banknifty future for 09.08.2021 (Monday)
Since CPR is broken and cancdle formed above the Daily TC/BC. The chances for uptrend is more.
BankNifty opened with a minor gap-up and as we updated before Market hours, we saw a good selling at open. Overall it was a range-bound day but Option Buyers sold at the top/ bought at the bottom made a good profit. For tomorrow 35700-35680 is important to hold else we can see good selling towards 35500-35400 zone. Intraday Levels: Buy Above 36050 Sell Below...
BankNifty opened with gap-up and continued the bullish momentum, It opened our Buying level and kept going up. We bought 36200 PE at 190 which gave us a good profit. As the trend is up, look for the buy on dips opportunity in the morning session. Tomorrow is expiry and we have seen 1500 points rally in two sessions, we may see rangebound day and volatility after...
understanding trades of banknifty future for 05.08.2021 (Thursday)
BankNifty opened with a gap-up and faced resistance in the 34820 zones, it spent almost the whole day in 15 points range which was broken on the downside and we saw a good fall in BankNifty. We did sell BankNifty Fut at 34980 which made a low around 34680, booked great profit on the sell-side. Expectations for Tomorrow: Volatile day. Intraday Levels: Buy Above...
BankNifty opened with a minor gap-down and we saw a trending move after breaking out the triangle pattern. We have bought 34700 and 34800 CE and both gave good profit. We also tried 34900 PE near resistance but it didn't work. For tomorrow, would be looking for a buy-on dip opportunity as we got the breakout in BankNifty and positionally we can look for the...
understanding trades of banknifty future for 04.08.2021 (Wednesday).