1. If BNF spends some time at the top of the trend line and breaks out, then it can go up to 30750 level. 2. If BNF forms negative candle/consolidates and breaks down, then it can come up to the bottom trend line support ie 30350 level. 3. Don't jump/rush into the trade. Wait patiently and let the market decide where it wants to go. 4. Always preserve your capital.
In Bank nifty 30min chart from 28923 wave (i), (ii), (iii) and (iv) is completed and wave (v) is started from 30328. 31049-31495 is the projection range for wave (v) and 30419-30176 is support range. Bank nifty if trades below 30176 then only negative.
Hi Traders, Daily I provide entry and exit of intraday trades learn and check did you enter the same or not. Practice on charts to be successful. That what is my motive for newcomers and struggling traders.
Hi Traders, In this video, you will find the next day's trading plan with today's entry and exit with logic. So that all struggling traders could be profitable by practicing all I share every day in your trading session. Do watch and listen carefully. --Yogesh Vats
Violet line is resistance,red is support,white is breakout or breakdown . Red box is no trade zone.
Today will possible slightly gap down opening in banknifty. If it holds 30500 levels then can possible reversal from this level to 30900-31000. We will get further weakness only below 30400 levels.
Hi Traders, This is my effort to make struggling traders in their intraday trades to be successful. See carefully and lesson, you will be benefited in our trading. ___Yogesh Vats
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...
30198-30540 is an immediate resistance range for Banknifty. And if banknifty breaks 30540 level then upside move will continue.
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.
Comment, suggestions are welcomed!
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...