18700 will act as a pivot point for Nifty Bank with upside reaching upto 1800-20000 levels. If unable to sustain above 18700, the bank index will try and take support at 18200, which had earlier served as resistance but quite easily taken out today. A close below 18200 this week will give an upperhand to shorters in the market.
COMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE IN BNF TODAY.
1. Before starting this , I would like to share something with you all. As new followers are joining every hour so you need to understand some points so that quest of new comers and satisfaction of genuine seekers can be handled easily in coming days. See My mission is to eradication the ...
Shorting opportunity below 19000 with an Sl @ 19310for a target of 18500
Disclaimer: All views and chart analysis shared are purely for knowledge and information purpose only. Our analysis is intended only to provide general and preliminary information to investors and traders.
It shall not be construed as the basis for any investment decision or strategy. Our...
NSE:BANKNIFTY
These are the Important levels for the Bank Nifty BUY & SELL
* The Pink Lines are for Buying Points
* The Black Lines are for Selling Points
Through This we can Find the Momentum of direction to trade in Bank Nifty Options
This Levels are only for Education Purpose....
This week Nifty Bank tested the level of 17100, tested earlier on 3rd April. Positive crossover of Stochastics on the hourly chart gives a clear signal to go long (or unwind shorts) for a short pullback towards 18250 odd levels in the coming week. However, the long view is negated if the index fails to sustain above 17800-18000 levels. On the down side, 16100, low...
COMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE IN BNF.
1. Before starting this blog I would like to congratulate to one of my esteemed followers Mr. Arvind who is a discipline trader and this quality makes him different from others. I have been observing him for quite sometime, he is regular earner from this market. In fact , the urge to learn and be focused...
Shorting Opportunity below 17800 for a Target of 17665 followed by 17510 with SL at 17955
Use 1-Minute Time Frame to enter into the trade.
Disclaimer: All views and chart analysis shared are purely for knowledge and information purpose only. Our analysis is intended only to provide general and preliminary information to investors and traders.
It shall not be...
COMPARING FRIDAY'S STATEMENT WITH TODAY'S REAL MOVE.
1. In 2nd point of last post , I mentioned that I am excpecting a pull back trade which can go to green dotted line. That line is now converted into green dotted zone. I also mentioned that this will take time to go near pullback target . Also mentioned range bound trade . You can see market opened gap up...
COMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE TODAY.
1. In trading plan point no. 1 what I said , quoting for you all " I yesterday shared that it is pull back so with trend move that is down side will start again." . You can see what a down move in morning . Many traders wrote in comment box about their earning points with thier blessings to me. I ...
COMPARING YESTERDAY STATEMENTS AND TRADING PLAN WITH REAL MOVE TODAY.
1. In my yesterday statement point no1.(trading plan column) what I said is quoting " see this upside move in last two hrs in market, i feel is pull back that should be end near blue resistance line." . See I can not write with 100/% emphasis on my statements. Because stock market has...
![BANKNIFTY: Nifty Bank -- 28 May 2020 [EXPIRY]](https://s3.tradingview.com/c/C6o0JB3O_mid.png "Nifty Bank -- 28 May 2020 [EXPIRY]")
![BANKNIFTY: BankNifty Day Trading Strategy [29 May 2019]](https://s3.tradingview.com/x/Xgoi8Pbp_mid.png "BankNifty Day Trading Strategy [29 May 2019]")
![BANKNIFTY: BankNifty Day Trading Strategy [27 May 2020]](https://s3.tradingview.com/g/GhNJfc17_mid.png "BankNifty Day Trading Strategy [27 May 2020]")
