*** Trade Bank Nifty With a proper Setup ***Bank Nifty showing a Weakness for tomorrow .
Check out the Resistance and Support in the Video.
Trade according to the Setup and price action is a must.
Be Dynamic and Systematic in your Trades. Because the Market is Dynamic. Its nature changes every minute. Its Opinion is changing every second. So don’t be an Optimistic, Hopeful, Stubborn Trader.
Jai Hind.
Disclaimer :
This video is only for educational purposes. Please consult your financial advisor before you take any trades. I am not a SEBI Registered Analyst.
Bankniftyshort
BANKNIFTY Critical Support Level Breakdown or BreakoutBanknifty will become weak below 34650 and we can sell aggressively for a target of 34250 level.
Banknifty above 35250 can retest 35900 level.
The key levels are identified on the chart.
P.S. I was playing football and got severely hurt due to which I was not trading or posting ideas for almost a month. From now on. I will post regularly.
RELATION OF MY ANALISIS WITH BN PRICE MOVES WITH CONSISTENT ACCUHi traders,
two weeks ago before the big event of the budget, I published my analysis where I gave you two conditions and levels of how they worked see yourself in detail explanation of my video. the link is given in the box.
Yogesh Vats
📊#BANKNIFTY INTRADAY LEVELS FOR TUESDAY 9-02-2021NSE:BANKNIFTY
📊 Each levels Act as support and resistance📈📉. one can trade on 3min, 5min and 15 min as per their trade set up. for reference one can check our old published ideas.
if any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle and stop loss can be below that support line or that reversal candle's low whichever lower, same way if any candle getting resistance from any resistance level and if one can find reversal candle for short over there then one can short below that candle and stop loss can be that resistance line or that reversal candle's high whichever higher. even one use their own trade setup with these levels. everyday levels are different and same way the candles which gonna be formed on support or resistance can be different so cant say here perfect numbers to buy or sell or stop loss . hope one can understand that better to trade with own wisdom in live market even check future chart as well for better profitable trade.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
Upcoming 11th Feb Expiry Banknifty View In the last trading, session banknifty has shown the shooting star candlestick near Fibonacci retracement level 35930 level. Expected this week It will close in the negative direction. This will give a healthy correction of 40-50%(nearly 3000 points) in banknifty after a strong bullish rally.
Note: This view only valid if banknifty trading below 35450 in tomorrow session. This view fails if it is close above 36650 so we can place stop loss for the short position.
Disclaimer: Consider this view as an educational purpose only. If you want to trade on it then don't forget to take advise from your financial advisor. Also, Trade only with risk management.
Banknify shortI hope you can now see how Banknifty represents an excellent low risk profit entry setup allowing you to trade in the market. Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Thank You
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Banks Are Broken !!!NPA is to the roof. Central banks are printing like crazy; but do u really think the printing money solve all the problems?
If printing money solves all the problem in the world then Japanese market should be on the top. Despite of printing tons of money the Japanese market(6042) is sill down.
Because as they print more, the proactive investor loss faith in the currency.
We all know Supply and Demand Equation. Oversupply of Currency will lead to less demand, Due to demand the value of underline currency will tend go significantly down.
As per "Banking for All Act" We all have the bank account associated with the Central Bank .
So that if we all have account with the Central Bank . Then there is no need of banking system, There is only one Central Bank .
Thanks to Technology now we have power to automate the whole banking system with the help of IT and Blockchain.
China is pioneering the creation of a central bank digital currency ( CBDC ) which means china now don't need the Commercial Banks, there is only one Bank; "The Central Bank of China". By using that they can land money to the individual People Organization and Companies directly to their account (Modern Monitory Theory). CBDC is the slap to USD. CBDC to lend the Yuan all around the world to Individual or Company or Organization .
And now US is Digitizing the USD.
Political Insider and World Economic Forum Individuals are calling COVID A Opportunity For "The Great Reset" ( Bretton Woods 2.0).
Interest rate is down to Zero but as it goes to zero its the end of Banks.( Due to this fear Buffest sold his all of Banking and Financial Stocks).
Some county having zero to negative Interest Rate.
There is No relationship Between the Stock Market and Real Economy right now.
You can take action or you can be victim.
By considering all above Uncertainty
As Gold is going down right now hence all market will go down with it; as we have seen it in 2009.
History repeating again . For more help and Advice Contact Us
SEE THE TRADE PLAN OF WEEK 18-23-01-2021 AND EARN MONEY IN BNF!Hi Traders,
As usual, I provide the next plan for next week. Many traders earn from the analysis you also be one of them if you strictly follow every instruction shown in the plan and going through the details of execution through video. the link has been provided in the comment box.
Yogesh Vats