1 Hello Traders, Strategy to follow : 1.Sell on Rise near Resistance Level if market Opens Gap Up/Near Resistance Level . 2.Buy on Dips near Support Level if market Opens Gap Down. Please take the trade according to the levels marked, with Stop Loss. This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn...
Good morning All, Last week: Our long move did qualify the entry level and had a pullback from the RSI 70 resistance level. However, lack of any momentum made a sluggish index This week: Our entry moves up this time to the target set last week and wait for it move from there to fetch ~500 points. This is dependent on the momentum we achieve and RSI crossing...
Hello Traders, BANK-NIFTY@14/01/2022: ------------------------------- O pened as a Gap-Down, below our Support-Zone. Market was went to PDL and reversed. It took the Support at S@1 Zone and went to PDL. Please do share your thoughts in comment section. Please hit a LIKE , it motivates me to do analysis and do share with your trading friends.
Hello Traders, BANK-NIFTY@14/01/2022 --------------------------------- If Market Opened as a- GAP-UP : Support of IMP (BUY) – Rejection of IMP (SELL) FLAT : Support of IMP (BUY) – Rejection of PDL (SELL) GAP-DOWN : Support of IMP (BUY) – Rejection of PDL (SELL) ------------------------------------- Happy Learning and Trading. Rules to fallow... 1)...
Bank Nifty Trade Plan for 13 JAN 2022 Bank Nifty bullish streak is still on, expect a gap up opening around 38900-39000 levels. After a gap up opening, need to wait for the price action in first 15 min before initiating any trade. Unless it sustains above 39k no long opportunity. 39000/39100 are key resistances to watch out , any resistance around those we can...
BANKNIFTY Intraday Trade Setup For 13 Jan 2022 Buy-Above 38860 Sl-39760 T-39057 39190 Sell-Below 38600 Sl-38900 T-38500 38400 38300 BANKNIFTY has formed a doji candle in daily TF. This doji candle has been formed at 0.618 level . For tomorrow's trading session the low and high of today's trading session is the trigger to initiate a trade either side. If...
Hello Traders, BANK-NIFTY@13/01/2022 --------------------------------- If Market Opened as a- GAP-UP : Support of PDH(BUY) – Rejection of PDH (SELL) FLAT : Support of PDH (BUY) – Rejection of PDL (SELL) GAP-DOWN : Support of IMP (BUY) – Rejection of PDL (SELL) ------------------------------------- Happy Learning and Trading. Rules to fallow... 1)...
Hello Traders, BANK-NIFTY@12/01/2022 --------------------------------- If Market Opened as a- GAP-UP : Support of PDH (BUY) – Rejection of PDH (SELL) FLAT : Support of PDH (BUY) – Rejection of IMP (SELL) GAP-DOWN : Support of IMP (BUY) – Rejection of IMP (SELL) ------------------------------------- Happy Learning and Trading. Rules to fallow... 1)...
Bank Nifty Trade setup for 12 JAN 2022 Global markets looks bullish and Bank Nifty expected to gap up around 38620 levels. 38600 zone is a strong resistance, if it sustains and manages to find support above 38630 the we can expect a possible up move to next targets with SL below R1. In case of resistance confirmed around R1 we can expect BN to again test PDC & CPR.
BANKNIFTY Intraday Trade Setup For 11 Jan 2022 Buy-Above 37400 Sl-38300 T-38550 37800 Sell-Below 37980 Sl-38080 T-37750 37600 BANKNIFTY has closed in a positive note. Took support from 38000 and shot till 38400. We have been long from 35500 levels. Its time for profit booking. First of all book the longs or trail tightly. We will re-enter after a pullback....
Hello Traders, BANK-NIFTY@10/01/2022 ------------------------------ If Market Opened as a- Gap-Up : Support of Resistance (BUY) – Rejection of PDH (SELL) Flat : Support of Resistance (BUY) – Rejection of IMP (SELL) Gap-Down : Support of IMP (BUY) – Rejection of PDL (SELL) ------------------------------------- Happy Learning and Trading. Rules to...
BANKNIFTY Intraday Trade Setup For 10 Dec 2022 Buy-Above 37850 Sl-37750 T-38100 38300 38550 Sell-Below 37400 Sl-37500 T-37200 37000 On Friday we discussed that index may trade between 38000 and 37000. But BANKNIFTY tried to break the upper range but eventually came down and it is once again in the range of 38000 and 37000. No aggressive short position as of...
BANKNIFTY Intraday Trade Setup For 07 Jan 2022 Buy-Above 37870 Sl-37770 T-38045 38240 Sell-Below 37300 Sl-37400 T-37060 36887 BANKNIFTY has made a big range in today's expiry session. The gap has been filled in intraday only. No buying till 37800 is breached in 15 Min TF. While we will sell below 37300 for the target of 200 points. No aggressive positions...
Bank Nifty Trade Plan for 06 JAN 2022 Global markets showing some bearishness and Bank Nifty is at resistance. Expect Bank Nifty to open gap down around 37500 and might try to find support from CPR. Watch out for the price action around these levels. Expect Bank Nifty to trade in a range today, so 38000 - 37400 strangles would be ideal as per my view. As Per...
Bank Nifty Trade Plan for 05 JAN 2022 Expecting a gap up opening around 36900 in and if it sustains above PDH then we can expect first target around 37027 and then 37122. Any resistance around R1 or Bearish Reversal zone we can expect BN to test out CPR zone. Being expiry tomorrow expect BN to be in trading in a range in case if it reverse from R1.
BANKNIFTY Intraday Trade Setup For 05 Jan 2022 Buy-Above 36900 Sl-36800 T-37000 37150 Sell-Below 36500 Sl-36600 T-36350 36200 BANKNIFTY has once again closed in a positive note. We discussed to buy if opens flat, but it opened with a small gap up and created huge volatility. Once again we will buy above today's high but if opens flat and crosses. If opens...
BANKNIFTY Intraday Trade Setup For 04 Jan 2022 Buy-Above 36600 Sl-36500 T-36800 37160 Sell-None BANKNIFTY just gave us huge profits on buy side. We already planned for this trade and traded today. 35500 was the neckline of the double bottom in hourly TF. We discussed that if 35500 is broken out then our target will be near 36800, out of which we got 800...
BANKNIFTY Intraday Trade Setup For 03 Dec 2022 Buy-Above 35600 Sl-35500 T-35800 36000 Sell-Below 35400 Sl-35500 T-35250 35150 Hope everyone had a great weekend and enjoyed the new year with your near and dear ones. Coming to Monday's trade setup, we are going to buy above Friday's high if crosses with flat opening. In buying side also have a close eye on the...