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. Do follow and subscribe if you like the analysis . 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...
I expect a Gap Up opening in NSE:BANKNIFTY Nifty might fall till the Zone Marked to retest and the bounce back up to the targets. Target 1 - 44060 BankNifty is quite interesting today as NSE:CNXFINANCE Expiry ...!!! it takes Perfect Support/Resistance on Trend Lines. it forms a Triangle Pattern . Retested a 'W' pattern. My...
I expect a Gap Up opening in NSE:NIFTY Nifty might fall till the Zone Marked to retest and the bounce back up to the targets. Target 1 - 18360 Target 2 - 18400 All sellers are taken out according to chart, so to bring in Sellers, NSE:NIFTY might form series of Lower Highs and trap them. Don't forget today is NSE:CNXFINANCE Expiry...!!! My...
Fin Nifty Expiry View Both side levels. For Educational Purpose only.
The real move came a little late today, from 12.45 to close wherein NSE:BANKNIFTY gave up 403pts ~ 0.93%. I was expecting the fall to come in the morning session - but the finnifty expiry trades would have limited this damage to a great extent. For some reason Axis Bank and IndusInd bank was quite strong today counter balancing the fall in SBI. Remember the...
Weekly Analysis NSE:BANKNIFTY has gone up by 1.58% ~ 678pts from last Thursday to today. It has taken out 2 crucial resistance points in the process and nearing the ATH now. Really impressive performance - the banks in India are standing out with their outperformance. Global financial institutions are melting down and many US banks are trading less than 50 to...
I am sure most of the traders would be surprised with the kind of bullish price action we saw after 10am. Since SP:SPX closed -1.58%, NDQ -1.89% yesterday - most of them including me expected NSE:NIFTY and NSE:BANKNIFTY to close in deep red today. The gap down opening at 42559 was perfectly at the support level and from there we wont only 163pts down...
For traders who are playing NSE:BANKNIFTY expiries on Thursdays can play the same trades on FinNifty on Tuesdays. The margin requirements are lower and now since the option premiums are staying low - the ROI in finnifty is better than banknifty. Today was a flat day, open was at 42731 and then it was struggling to keep the momentum up. We had a gradual rise...
NSE:BANKNIFTY important zones for banknifty to trade tomorrow, can go above 42500 if opens flat or gapup, trade at zones only according to movement of the market, stay away from these zones/levels if you dont know how to trade support/resistance zones. above 42366 bank nifty will try to reach 42500/ 42600/42700 levels marked, can short below 42000 only with...
NSE:NIFTY important resistance support areas in nifty for expiry, nifty hasnt been giving much movemnt in last 2 sessions, dont hold options for long as decay might become fast if nifty remains slow and short ranged today as well. trade light quantity and stay strong with proper risk management, if possible avoid trading current expiry options for 1st session,...