Hello Traders, Welcome to SriTrader5121 Bank Nifty - 03/01/2024 - Levels IMPORTENT ZONE FOR THE DAY: 47876 - 47892 Important Support and Resistance for the Day... Support - Resistance - Support-1: 47616 Resistance-1: 47890 Support-2: 47500 Resistance-2: 47965 Support-3: 47406 Resistance-3: 48093 Big-Support: 47200 Big- Resistance:...
Still have my same view on Bank nifty , market may be pump upside and retest the resistance zone and after that again fall is expected. please check the levels... All the best, be profitable.... This is my personal view and it is only for educational purpose.
Bank nifty break the trend line and support line and may be retest the support zone after that big fall is expected. please check the levels... All the best, be profitable.... This is my personal view and it is only for educational purpose.
Bank nifty break the trend line and support line and may be retest the support zone after that big fall is expected.. This is my personal view and it is only for educational purpose.
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 ...
A bullish flag & pole Chart Pattern Breakout on the Weekly Time frame of NSE:ICIL Price Action supported by very good volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list and initiate the long trade as per the levels mentioned on the chart Stop loss will be on a Weekly closing...
A Inverted Head & Shoulder Chart Pattern Breakout happened on the Weekly Time frame of NSE:BGRENERGY Price Action supported by volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list. One can initiate the long trade as per the level mentioned on the chart Stop loss will be on a...
A bullish flag & pole Chart Pattern Breakout on the Weekly Time frame of NSE:NBCC Price Action supported by very good volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list and initiate the long trade as per the levels mentioned on the chart Stop loss will be on a Weekly closing...
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...
Today's market had a clear direction in the first hour, but now the market is a little bit risky. Those who made money in the morning should opt out of trading entirely. However, the market might be sideways to bearish until 2 PM. Since today is the monthly expiry, its better to sell OTMs on a spike (44200 and 44700 with proper risk to reward). There can be a...
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...
A bullish flag & pole Chart Pattern Breakout on the Weekly Time frame of NSE:GOKEX Price Action supported by very good volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list and initiate the long trade as per the levels mentioned on the chart Stop loss will be on a Weekly closing...
BankNifty Analysis BankNifty was perfectly neutral in trade today. I had a bearish call from yesterday but seeing the moves today it makes sense to switch back to the neutral mode. One reason why its not picking up direction would be attributed to the unavailability of information on the recent announcement by RBI. When the risk weights of consumer loans and...
"Good morning, friends! As of November 21st, the global market sentiment is bullish, as indicated by the Dow Jones. However, our local market is showing a moderately bearish trend. It may open with a slight gap-up, or a neutral start, as the GiftNifty indicates a value of +60. There is no significant difference compared to the last session. Structurally, we can...
AS WE CAN SEE THAT BANKNIFTY IS COMPLETELY RANGE BOUND TODAY, REMEMBER ONE SHOULD FOLLOW THE TREND BUT SHOULDN'T GET BIAS WITH THE DIRECTION. ADDING MY ANALYSIS LEVELS FOR 2 NOV,23 BELOW FOR NIFTY FUTURES: LONG PLAN >>>>> 🐂 - 43044 (I WILL WAIT FOR THE 5 MIN CANDLE TO CLOSE ABOVE THIS LEVEL) - R1: 43144 - R2: 43244 - R3: 43366 SHORT PLAN >>>>> 🐻 - 42855 (I WILL...
AS WE CAN SEE THAT BANKNIFTY HAS TAKEN GOOD SUPPORT FROM CHANNEL BOTTOM i.e 42088, REMEMBER ONE SHOULD FOLLOW THE TREND BUT SHOULDN'T GET BIAS WITH THE DIRECTION. ADDING MY ANALYSIS LEVELS FOR 31 OCT,23 BELOW FOR NIFTY FUTURES: LONG PLAN >>>>> 🐂 - 43488 (I WILL WAIT FOR THE 5 MIN CANDLE TO CLOSE ABOVE THIS LEVEL) - R1: 43800 - R2: 44055 - R3: 44355 SHORT PLAN...
Its Helpful & Useful For Freshers, Newers & Beginners Of Trading... Learn & Earn With You Own... Bank Nifty Spot Price : 43039.2 - India Vix Spot : 11.49% - Nifty Daily Range : 42780 To - 43298 See My Reversal Target Level - Long Wick Is Shown Only. The Reversal Trend Is Activated. OtherWise Leave It. And Achieve The Target Point. Second By Second Change The...