BNF is trending for the past 3 days and I am expecting a sideways market. Upper Level - 30900 Lower Level - 30300 If market opens gap up, then it will take support at today's closing price and move up, bc the put side premiums are very high. If market opens flat, then it can continue downwards, but I will be careful towards selling, bc sellers are already in...
Sell bank nifty 30420 Stop loss 30550 Maximum dont hold if stop hit Target 29700
I 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...
Today expected slightly gap down opening in banknifty. It will open near 31000 levels. If 31000 level breaks then we will see further weakness in banknifty.
Option Chain Analysis indicates a sideways trend. I am a little bullish. There seems to be a sentiment of fear in the market and therefore this dip also might be bought out by the market. Long above 32400: Target 1: 32600 Target 2: 32700 Target 3: 32850 Short below 32050: Target 1: 31850 Target 2: 31700 Target 3: 31200 I prefer not to use stop loss in banknifty...
NSE: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...
BNF will definitely retrace and I am mostly expecting a sideways market bc Annual Budget is near and after that we can see a clear trend. I have marked the Fibonacci levels and expecting BNF to retrace to 38.2 and 50 % levels respectively before continuing the major trend reversal which we can expect since the market is too overstretched.
BANKNIFTY can given good upside breakout near previous all time high levels, can move towards upper FIBO LEVELS (MENTIONED IN CHARTS) in coming days. View Negates below 31557 levels. keep an eye.
Hi Traders, After a long journey of price in the long side, this fall gives an indication of correction in bank nifty. The detail has been explained in the video link given in the description box. for clear insight see detail analysis. Yogesh Vats
RED COUNT: from 20405 wave (i), (ii) and (iii) is completed at 30945 and (iv) completed at 28976. from 28976 wave (v) started and minimum 38% projection coming at 33003. Banknifty declined sharply without achieving its minimum projection. so lets have a look at on blue count. BLUE COUNT: from 20405 wave (a or i), (b or ii) and (c or iii) is completed at 24823,...
It was a great day for Future Sellers and Call Writers, I also shared Expiry trade around 1:30, and the market melted from that level resulting in 3x return for Option Buyers in less than an hour. Levels for tomorrow: Buy above 32400 for the targets of 32500 and 32600. SL for the Buy Trade would be 32290. Sell Below 32100 for the targets of 32000 and 31900. SL...
Today expected flat opening in banknifty. Possible it will spend today session in range-bound of 32000-32500. If any side breakout will give 300-400 quick rally in banknifty.
I am not very bullish but I am analyzing what I am seeing. If this pattern breaks and the corona vaccine results are successful, there can be a 1000 point rally again. However, if there is a breakout failure, it can come down faster than you can think of. As per tomorrow, the breakout is possible, but I am 50-50 on it and mostly think the market would be...
banknifty sell t\stop loss 33100 target fall around 10%
NSE: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...
Hi Traders, This is the sequel of the weekly analysis which I gave last week called midway analysis. To get all details please see the video link is given in the description box. Yogesh Vats