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...
Hi Trades,
This video coves today's trade-in nifty and bank nifty. It is a sort of lesson for all struggling trades with only two criteria one support, resistance, and second candlestick patterns. It will help you to provide confidence in your trades and will stop you from trading. Must watch the video. The last part was not recorded because of...
Hi traders,
My first video is for all my followers. Hope you will enjoy it and would be able to make money next week.
For new readers writing taken out condition. Taken out condition works in the two-time frame combination for daily( 4 hr + 1 day) analysis. Similarly, work for lower time frames is also a two-time frame combination. For...
In this 1hour chart of Banknifty wave (c or iii) started from 23613. And in this wave (i), (ii), (iii) and (iv) is completed at 25773, 25142, 29031 and 27703 respectively. wave (v) is completed at 29784 OR running as Ending Diagonal.
In short if Bank nifty has to fall then it should not cross 30540. Even if it touches 30541 then we will see much higher...
Bank nifty is looking bullish. Lookout for a breakout/breakdown of flag/ triangle and pyramid your positions to get the best out of it. Do not rush and wait patiently.
No breakout. No Trade. Save your Capital.
Hi Traders,
1. As usual first I will discuss, last week's statement. On 20th Nov 2020, in point no1. of trading plan section, what I wrote is quoting for your consideration. "A white line is made if the price takes out in both time frames in 15 and 1hr then you will see the upside move." . Here you can see in fig after crossing the white...
Today will be flat opening in bank nifty. If it sustains above 29500 then we will see continue bullish rally towards the 29900-30000 level in today's session. The downside of 300-400 points only possible if it trading below 29400.
Today will be expected flat or slightly gap up opening in banknifty near yesterday close. Most chance in the first half it will trade between 29000-29500 level. If any side breakout then we will see 300-400 points quick expiry movement. In today's session important support at 29000 if in case of a breakdown this support then possible further weakness in the market.
29400 resistance if break upside then can reverse ..... violent line
and
29000 support level... if breake 29000 then fall more. redline....
tomorrow is expiry, may be it can trade in this range....
bank nifty on bottom line of support as well in channel... in two trend line of channel.... blackline
my view is to wait for afternoon session.... that we can...
The analysis is given on the chart
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I am not a SEBI registered investment advisor and hence do not follow my analysis blindly.
Be aware of what you are trading and the risk associated with it.
Stock market is risky and you can lose a lot of your capital.
Be wise and...
Today will be a gap up opening in banknifty. If banknifty trading above 29400 levels in today's session then we will get a strong upside in banknifty for next few session. We will only get further weakness if it trading below 28900 levels.
29400 is small resistance and 28800 is support..
if break 28800 then can move downside, if break 29400 then will fly upside... as structure is channel and triangle pattern.. let seee how will it move..
write ur view in comment....
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