These are Mathematical levels of Bank Nifty.
Mark These levels on your chart and do your analysis
After Any 5 min Candle Close Above or Below any Level we can plan our entry with high or low break of the candle and target is next level.
For Educational Purpose only
Nifty Monthly Analysis
In the Aug monthly series, Nifty is down 387pts ~ 1.97%. This month did not produce a reversal signal even though there were 2 attempts on 24th & 30th respectively. As it stands Nifty is following a bearish trend channel quite efficiently. My next support comes at 18880, so if the fall were to accelerate in September, its good to know the...
FinNifty Weekly Analysis
We have fallen 2.31% ~ 464pts between the last expiry and today. This is definitely a good start for the bears. Unlike Nifty, Finnifty has managed to form a lower low on the 1hr TF. The first major support comes at 19421.
FinNifty Today Analysis
Due to HDFCBK’s weightage on Finnifty, we closed a 0.1% lower than banknifty today i.e at...
Guy's market can slip from here like anything, so i am expecting sharp fall in FInance nifty too, as today is expiry day in finance nifty due to tomorrow market off on 15th august independence day. So guy's first of all Happy Independence day in advance. Now let's focus on trades.
I have this trade:-
So take hero zero trade 19600 pe now at 32
keep stop loss at...
banknifty is approaching its multiple times strong support of 44500, its very unlikely it ll break below it.
Its time to buy with cbsl of 44500.
Buy banknifty with cbsl of 44500 will update target towards closing
BATAINDIA fut broke out of symmetrical triangle pattern on 15 min TF with decrease in OI suggesting shortcovering.
Could be bought with mentioned stoploss & target.
BHARATFORGE FUT made rounding bottom pattern on hourly charts with good OI build up.
Good Risk:Reward Ratio.
Could be bought here or above breakout 877 with mentioned stoploss & target.
Good Morning Traders, i hope you all will be doing good in trading.
Yesterday it was really a good day for option buyers and hero zero trader, as there was huge and one sided momentum in all the indexes. So, today is Sensex Expiry day let's see if we can get same hero zero trade like yesterday.
Sensex have given closing at all time high, there is no any price...
I have been explaining the levels and logics behind my trades in my videos.
Live market, Post market analysis and Next trading session's Detailed Analysis has been posted in my YouTube channel.
Please do watch my old videos in Daily Analysis Playlist to understand the Entry and Exit criteria.
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I expect the...
FInNifty looking bullish!
Expecting a big upside move before expiry this tuesday i.e. 20th of June.
Good volumes on monday will take it beyond 19600 hopefully.
Very hopeful here! Expecting support from all retailers' sentiment.
Fingers crossed
Quarterly Analysis of Nifty50 — 31 Mar 2023 to 28 Jun 2023
N50 also rose 11.06% ~ 1888pts, percentage wise same as BN. The price action of N50 was much more healthy with 2 proper legs & occasional retracement that gave it further thrust. If you analyze the pattern from 01 Dec to 28 Jun it looks like a perfect V shape. 16962 support which provided the crucial turn...
Nifty opened right at the resistance zone of 18762 and then had a flattish pattern. Again the gap up would be due to front running by few players. Instead of falling to the previous close level - N50 held its ground and was aiming for resistance level breakout.
The price action was not as dramatic as BN or Finnifty as the resistance breach came in very late in...
Weekly Analysis of BankNifty
Banknifty is up 259pts between 15th to 22nd June i.e. current expiry week. Interestingly, BN was looking at steeper cuts on 15th - the price action was pretty negative. Luckily that level is still sacrosanct and has formed an interim support as we had one more retest @ 20th June.
Today's Analysis
The major anomaly that stands out in...
Detailed Analysis has been posted in my YouTube channel.
Do follow and subscribe if you like the analysis.
I expect the market to be Bullish tomorrow.
Trade or invest according to your analysis. This is just my view.
<----- 3MRT Trading ----->
Unable to record YouTube Video due to heavy rain …
Today we booked decent profit and market traded according to our analysis.
Tomorrow’s market opening price is very crucial.
As of now, I’m Bearish for first session.
Will try to upload Analysis video in morning.
Unable to record YouTube Video due to heavy rain …
Today we booked decent profit and market traded according to our analysis.
Tomorrow’s market opening price is very crucial.
As of now, I’m Bearish for first session.
Will try to upload Analysis video in morning.
Those who trade banknifty & nifty expiry will be excited to trade bankex & sensex expiry on 26 May 2023. I guess it will be the first expiry to be opened to retail traders !
I just checked the zerodha kite app, the option chain is still not integrated it seems, also the weightage of bank stocks of banknifty (NSE) is not same as bankex (BSE) - so request you to...
