NIFTY CPR LEVEL and PROBABLITYnifty may remain sideways if going to trade in nifty trade at its extreme r1 and s1
CPR
NIFTY CPR LEVEL and PROBABLITYmarket may be sideways but still looking for a range trading as best option between yellow line
high probability market may be gap up.
BNKNIFTY CPR LEVEL and PROBABLITYmarket may be sideways to bullish and can get both buying and selling opportunity
but if open gap down mostly look for selling side trade
NIFTY CPR LEVEL and PROBABLITYnifty could give really good one side movementum just look were it open target atleast till r2 or s2 based on which side it open
trending day in market tomorrow most probably be bullish
BNKNIFTY CPR LEVEL and PROBABLITYmarket maybe make a movement most probably bullish towards the r1 or r2
just in case break cpr look for selling opportunity
BNKNIFTY CPR LEVEL and PROBABLITYBNKNIFTY can remain bullish only if it open gap up above cpr
IF BNK nifty opens gap up then look for first three cases to buy at that level
and if bnk nifty open gap down look for selling opportunity
#BankNifty Analysis for 20th Aug'21BankNifty still did not broke the Channel. Today BNF has broken Weekly and Day CPR. If the BankNifty has broken the channel, then Virgin CPR and Monthly Pivot is there to support BankNifty at 35000 ranges.
#banknifty analysis for 18th Aug'21Today closing below the Weekly CPR would be acting as a resistance. Any upwards which breaks Weekly CPR and upper trendline will go for a long. If market fails to break Weekly CPR, then go for short.
Public Library Indicators : Pivot Points & CPR Shows available Public Library Indicators for Pivot Points & CPR
NIfty Blueprint - June 14th 2021*******************************************************************
NIFTY SPOT- Blue Print for 14 -Jun-2021
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Market Structure/Trend Analysis/Chart Pattern.
l Chart Pattern - Higher High structure
l DTF Pivot Trend - Higher High Structure
l WTF Pivot Trend - Higher High Structure
l MTF Pivot trend - Higher High Structure
l DTF Price Action - Doji
Daily Pivots Analysis.
l Weekly Pivot - Pending
l Daily Pivot - Higher value Relationship - Trending day
l Pivot Width Analysis - Trending day - 0.03
l Average Daily range - Trending day - 85
l GPZ - No GPZ
Option Chain Analysis
l Open interest - 15800/15700 are major SZ and 15800/16000 are major RZ . Calls and puts both have increased at same rate.
l PCR (Contrarian) - 1.01 - Bullish
l FII Option data - Bearish
l FII Futures data - Mild negative.
l FII Stock data - Mild positive.
Summary
l HTF trend is still bullish but, there is a DOJI again which means, will need confirmation on Monday on direction. So, wait and watch before taking trade.
l Pivot analysis infers bullish bias and will be a very high probable trending day. If nifty breaks CPR then, there will be very high chances of market breaking trend and again forming lower high structure. Watch out for 15800/15750 levels for support and 15850 for key resistance zone.
l Option chain analysis also infers inconclusive bias. Since, both buyers and sellers are of same strength with very slight advantage to BEARS. WAIT & WATCH before taking trade for direction.
VERDICT
WAIT & Watch to infer direction. Market will trend but, direction is still not conclusive. Bears have slight advantage, but not with conviction and same can be determined by opening print. Personally though I AM BULLISH, carrying long positions in multiple nifty 50 stocks. ( not a recommendation)
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Step 1 - Strategies to be deployed -
l Open drive rejection
l PPT.
l CPRRVL
Step 2 - Trading Plan
1. Any bullish PA at 15790/800 levels is a long with stop of 15780 and target of 15830.
2. Any bullish PA at 15750/30 is long with stop of 15700 and target of 15800
3. Aggressive longs above 15850 only with stop of 15825 and target of 15880.
4. Any bearish PA below 15770 is a short with stop of 15790 and target of 15730
5. Any bearish PA below 15840 is a short with stop of 15860 and target of 15800.
6. Aggressive shorts below 15730 with stop of 15760 and target of 15670.
Have a nice day!!
@SacredMonkey
PREM SE BOLO for NIFTYKiller Combination
1). PIVOT POINTS
2). RSI
3). EMA (20,100,200)
4). STOCHASTIC RSI
5). BOLLINGER BANDS
PREM SE BOLOKiller Combination
1). PIVOT POINTS
2). RSI
3). EMA (20,100,200)
4). STOCHASTIC RSI
5). BOLLINGER BANDS
Stocks to BUY / SELL for 28 June to 02 JulyThe key levels to watch out for trading next session are mentioned in the video. Trade as per the levels mentioned after finding a suitable candle patterns at support and resistance levels.
For the accurate levels, Follow me on trading view and Insert this indicator from library or from my profile under Scripts.
Happy trading.
NIFTY & BANKNIFTY TRADE PLAN for 28 June MondayThe key levels to watch out for trading next session are mentioned in the video. Trade as per the levels mentioned after finding a suitable candle patterns at support and resistance levels.
For the accurate levels, Follow me on trading view and Insert this indicator from library or from my profile under Scripts.
Happy trading.
Nifty Trading plan - 21st JuneSummary
l HTF trend is turning BEARISH and there is a INVERTED Hammer in DTF and WTF which means, market looks bearish. However, MTF candle is DOJI. So, if this also shows weakness by month end. I think, we will look at beginning of downtrend which means we can go sideways and lot of whiplashes can be seen.
l Pivot analysis infers bearish bias and will be a sideways/trading range day.
VERDICT
l Market looks bearish to sideways and any weakness is an opportunity to sell.
l 15750/800 will be key levels to watch for selling and support at 15550/15600.
l Fade the edges and book quick profits, since its "sideways day".
**********************************************************************************
Step 1 - Strategies to be deployed -
l Open drive rejection
l PPT.
l Evening star.
l RCR
l CPRRVL
Step 2 - Trading Plan
1. Any bullish PA above 15630 level is a long with stop of 15605 and target of 15683.
2. Any bullish PA at 15600 is long with stop of 15570 and target of 156340.
3. Aggressive longs above 15768 only with stop of 15747 and target of 15822.
4. Any bearish PA below 15760 is a short with stop of 15777 and target of 15700.
5. Any bearish PA below 15597 is a short with stop of 15625 and target of 15561.
6. Aggressive shorts below 15448 with stop of 15502 and target of 15414.
Personally, I may even sell a straddle if there is no big candle/movement by 9:50am. keep your position size in control.
This information is for education purpose only. So, please consult your financial advisor for any investment/trading advise.
Have a nice day!!
@Mockingbanana
NCC short time trading NCC for short term swing trade
After the 2- 3 days consolidation there was a good move in NCC and it also break the 1 month resistance
now we are going set that resistance as a supply
if you get the price near 90-92 buy it
entry :90-92
target:100
stoploss:90
follow the stop loss
reason for taking the trading .. you can see the huge buying pressure on 14/6/2021
so it wo not hit the stop loss
NIFTY - WEEKLY CPR LEVELSCompared to bank nifty, nifty seems bullish as the ascending weekly CPR confirming the uptrend.
15600 remains a strong support, breaking the 15850 levels may elevate the price upto 16k levels.
BANK NIFTY - WEEKLY CPR LEVELSBanknifty is struck between the downward parallel channel, if you want to go long in bank nifty first it should break the upper trend line.
Second, it has to moved and sustain above the weekly CPR levels (35,300).
If these two condition met in upcoming days, one can go long in bank nifty, otherwise the price can drag down to 34400, 34000 levels.
