BANKNIFTY241009C52600BANKNIFTY241009C52600
above 295
tgt 500
SL 210
we may expect good up move in banknifty today
CE
#NIFTY50 LONG TRADE IDEA SETUPGreetings Folks,
today I have prepared a setup of NSE
the analysis is as follows-
- the price is consolidating in a minor range
- breakout trade is very optimal for such scenario
- if breakout with good volume, can enter without retest, but safer entry will always be waiting for a retest
- there is chance that the trade can go south, so dont get your adrenaline in control
don't play with fire, always use a predefined stoploss
Banknifty Next Target 36500 - Buy 36500 july month expiryAs per the Day Chart, Bank nIfty next Target should be 36500.
if price sustain above 36200 in 15 minutes candle, Buy 36500 CE for better Risk Reward
Giant move expected in bank nifty by the end of the month.Bank nifty has been consolidating in a narrow range of 34093 to 36230 that is 6%, and if we look carefully there is a trendline from may 2020 which bank nifty respects and takes supports from, and in the past 10 days it has hit the upper poart of the channel that is 36230 on 7 occasions so we can expect a good move in bank nifty when it comes near to the trendline.
Short banknifty 32300 or 32200 CE breaking trend line Also moreover upside gap resistance can't go easily in upward direction
target 1 : 4-5 Trade plan !!!!!!
stoploss min 25 points !!! target minimum 100 points !!!!
Nifty Short Side if broke trend line I hope nifty crossing 13600 be a false break out Hope nifty open below 13600
hope it breaks the trend line and has the good shorting opportunity
I'll short 13600 CE with stop loss with 10 points as stop-loss ill update the level I enter for 1st half only ill hold is trend line break as tomorrow the option otm will get zero
in the second half maybe there will be an opportunity to buy pe of 13400 with trailing stop loss with every 1 point increase ill trail 1 point
SHORT NIFTY 13700 CE OR 13650 CE SHORT NIFTY 13700 CE OR 13650
if only nifty open flat or with small gap mean 10-20 points . hold as tomorrow is expiry all otm will get zero or book profits 1:3- 1: 4 trade plan
Mote you can only expect this type of trade plan only when there is an expiry . on normal days 1 : 2 is idle
Don't take trade if market open more than 20 point gap up if it open gap up then 13700 will act as support no good momentum in upside direction
NIFTY SHORT 13500 CE 13500 ROUND LEVEL RESISTANCESHORT NIFTY 13500 CE STOP LOSS 5 POINTS TARGET 10 - 15 POINTS IF MARKET FALLING RAPID TRAIL
Nifty analysisI have given the bank nifty today morning before the market opens and I exactly mentioned to sell @ opening of market which exactly went my way .
Now here nifty has a down drift and oozing to sell with tight targets
Will post more updates on tomorrow’s forecast
Upper range 10100
Lower range 9800
