"Good morning, friends! As of October 30th, the global market sentiment is bearish, as indicated by the Dow Jones. Our local market is also showing a moderate bearish trend. It may open with a neutral to slightly gap-down start. Structurally, we can expect a minor correction ranging from 38% to 61%. After that, if a pullback occurs, we can anticipate a range-bound...
#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. NOTE- Only for Education Purpose. Please Give A Like If You Like The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of...
A Flag and Pole Pattern is visible on thw weekly chart of NSE:ASTRAMICRO One can Create position in the scrip as per the levels mentioned in the chart. If you agree with the idea then hit the airplane icon and don't forget to follow me to get all the latest updates. Post your comments and queries. Disclaimer: Content shared is for information and...
BankNifty Analysis During periods of trend reversals, BankNifty will act as the leading indicator. I hope that will work out in this period as well. Today’s price action is quite too early to say if we have reversed the bearish trend - because it was mostly support and resistance play. BN started around the 42576 zone and held its ground confirming the lack of...
The FASP for BankNifty is listed for 30-10-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels...
"Good morning, friends! As of October 27th, the global market sentiment is bearish, as indicated by the Dow Jones. Our market is also bearish. It may open with a neutral to slightly gap-up. After that, if the market takes a pullback, we can expect a 23% to 38% pullback wave. On the other hand, if the gap-up doesn't sustain, the correction will likely continue."
BankNifty Weekly Expiry Analysis BankNifty had 1 extra in this week as the last expiry was on Wednesday. But the extra day was cut short as we had a scheduled holiday (Dussehra) in between. BankNifty did not fall as much as Nifty, it fell only 3.64% ~ 1597pts compared to 3.9% on Nifty. The premiums on the option strikes were not good enough except today. But I am...
Its Helpful & Useful For Newers & Beginners Of Trading... Learn & Earn With You Own... Bank Nifty Spot Price : 42280.2 - India Vix Spot : 11.73% - Nifty Daily Range : 41968 To - 42593- Watch Option Strike : If Above Break Even Point Buy : 42500 CE Watch Option Strike : If Below Break Even Point Buy : 42500 PE Always Select ITM Strike Price only Split The Screen...
AS WE CAN SEE THAT THE MARKET IS IN A DOWNTREND, ONE SHOULD FOLLOW THE TREND BUT SHOULDN'T GET BIAS WITH THE DIRECTION. ADDING MY ANALYSIS LEVELS FOR 26 OCT,23 BELOW FOR NIFTY FUTURES: LONG PLAN >>>>> 🐂 - 43020 (I WILL WAIT FOR THE 5 MIN CANDLE TO CLOSE ABOVE THIS LEVEL) - R1: 43188 - R2: 43366 - R3: 43544 SHORT PLAN >>>>> 🐻 - 42720 (I WILL WAIT FOR THE 5...
BANKNIFTY Intraday Trade Setup For 27 Oct 2023 Bullish-Above 42380 Invalid-Below 42270 T-42650 42925 Bearish-Below 42100 Invalid-42210 T-41835 41487 BANKNIFTY has closed once again on a complete bearish note today with 1.29% cut. It opened with a slight cut actual trade was 10 o'clock range breakout which happened in the downside below 42370 and gave a move...
#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. NOTE- Only for Education Purpose. Please Give A Like If You Like The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of...
The bearish flag pattern is a technical analysis pattern used in financial markets, particularly in stock, forex, and cryptocurrency trading. It is a continuation pattern that typically occurs within a downtrend and signals that the price is likely to continue moving lower. The bearish flag pattern is characterized by a sharp, significant price decline (the...
Kotak Bank is very close to a Strong Demand zone. Everytime the stock has approached this level it has given a decent upmove of around 18-20%. Stop Loss: SL has to be a strong candle close below the zone marked on chart Entry: Entries can be made around 1,640 - 1,650 Target: 2,000+
📌 NSE:BANKNIFTY seems to be hovering at the confluence of support from two critical Technical Setups: #1 Short-Term Support Trendline (marked in Red), which is placed at around ~43800 levels #2 Lower Support trendline of the Medium-term Rising Wedge which is under formation (marked in Green). The support is placed at around ~43600 levels 📌 The price...
NTPC form H&S pattern on weekly chart. It can short here and on any rise up to 235. Target would be 220 soon
"Good morning, friends! As of October 26th, there is no significant difference from the last session. The global market sentiment is moderately bearish, as indicated by the Dow Jones. However, our market is also bearish. It may open with a significant gap-down. After that, if the market consolidates or breaks the support levels, the correction will likely...
The FASP for BankNifty is listed for 26-10-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels...
banknifty trade idea for 27/10/23 by mathematical calculation