Hi Traders, 1. On the 5th of July 2020, I posted trading information regarding BNF in trading plan point no. 1, I mentioned is quoting for your consideration " As far as the structure is negative which is going to no direction zone already discussed above. So I will wait to go in trade any sides till I get clarity on moves. I made one pink line to...
Banknifty trend is still on the bullish side. Banknifty will take next resistance at 22350 if this break we will see banknifty move towards 22500+. We will see a big fall if banknifty break the support trend line minimum 200-300 point downfall will get after the breakdown of support trend line. Today's market trend is positive side but still, we will find PE...
Hi Traders, 1. On 1st July 2020, Post I mentioned in point no. 3 of the trading plan is quoting for your consideration " The same green arrow shows an upper target if the starting of the arrow on green resistance takes out in 1 hr time frame then the green dotted line will be the target. " You can see the price opened gap day next...
Today we will see only 50-100 or flat opening in banknifty near 22000 levels. Possible banknifty take support near 21750 and continue its positive trend. Today we will see banknifty trading between 21650 - 22350 levels. any side breakout will give more 300-500 points quick movements in banknifty. For Trade Updates Us: 9552960927 On Telegram Find: @tradzooIndex
After long consolidate mode in banknifty last day, we saw a good positive move in banknifty. Today we'll see gap up opening in banknifty above 22050 levels and rally will continue till 22450. Possible we will break 22550 level also today due to good fundamental news about the banking sector. Banknifty today's range will be 22050 to 22950. Also, possible big...
Hi Traders, 1. Yesterday I posted neither bnf nor nifty. In fact, There was not much change in the structure of both indexes, therefore, I just updated my ideas with an update. Hope you all would have seen it. Those missed either They do not follow me or not configured the right side idea button with your favorite author's notifications. let us...
Today also we see sideways in banknifty between 21050-21650. Between this time not good risk-reward for options trading we can only trade after breakout either upside or downside levels.
Hi Traders, Comparison of my 25th June Statements with the real move. 1. On 25th June, I mentioned in point no. 2 ( trading plan) is quoting for your consideration " If price breaks this and pink support on 15 min time frame then you have to apply taken out condition only to short with the target of green zone lower band." You can see this...
Banknifty trading near the resistance level of descending triangle pattern. If banknifty breakout the resistance, We might see big movement in banknifty toward the 22950 final targets. Current upside breakout level for banknifty is above 21400 levels and we can initiate CE option if banknifty sustain above this level. We can only see big move after this breakout...
Analysis is given on chart This is an educational post I do not recommend taking trades according to my analysis as you may incur loss, for which I am not responsible Trade carefully Grateful🙏
Last trading session we saw banknifty consolidate between small range of 21350-21750. Today also expecting banknifty will create range-bound trade in the first half. Getting a big trading range for banknifty today's session from 20950- 21750- 21250. If banknifty sustain above @21550 in the first half after that more possible to break out of 21750 levels and we can...
COMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE IN BNF TODAY. 1. In trading plan column I mentioned in point no. 2 is quoting for your consideration " if pink dotted line and solid zone is taken out in 30 min time frame then down trend will confirm". You can see market opened gap down and if you see chart of 30 min then things will be more clear first 30 min...
Note: This is for educational purpose only. Unless there is a movement beyond this channel, there seems to be a movement within this channel.
Last day we saw a big fall in banknifty in the second half due to huge profit booking. Today also we see big movement in banknifty due to expiry. In the first hour, banknifty may trade between 21050 to 21950. If banknifty not able to hold above 21000 levels we will get big downfall of 500-1000 points. Today the market may be cautious so trade safely.