#banknifty analysis for 8th April:-#expiry#banknifty analysis for 8th April:-#expiry
Decision Zone:- 32,875 - 33,045
Resistance Zone:- 32,250 / 33,512 / 33,700 / 33,990
Support:- 32,665 / 32,400 / 32,100 / 31,800 - 31,950
There is lots of information in the analysis:- Just need to watch with open eyes and post on comments what you see.
Expiry
** NIFTY ANALYSIS FOR TODAY & EXPECTATION FOR TOMORROW EXPIRY **THEY SAY VOLATILITY IS NOT GOOD. I SAY VOLATILITY IS THE BLOOD OF A TRADER. MAKING MONEY IN STOCK MARKET IS EASY BUT ONLY A FEW DOES IT .
NSE:NIFTY NIFTY Tomorrow Expiry – Bearish on 5 min Time Frame but as you know its expiry so anything can happen. Keep in a close look in my YouTube channel. Trade keeping in mind the Price action With Levels. MARKET CAN BE VERY VOLATILE TOMORROW.
NSE:NIFTY NIFTY Next Key Levels –
Resistance:
R1: 14856 R2:14883 R3: WE WILL SEE
Support:
S1: 14776 S2:14671 S3:15627
Points to Look Out –
1. Bond Market.
2. Global Market.
3. RBI Monetary Policy data.
4. How can INFLATION resist the ECONOMIC RECOVERY OF INDIA.
My Trade Setup will be shared tomorrow morning sharp at 8 am please stay connected with me.
Jai Hind.
Disclaimer:
This video is only for educational purposes. Please consult your financial advisor before you take any trades. I am not a SEBI Registered Analyst.
#banknifty analysis for 1st April:- #expiry #banknifty analysis for 1st April:-
Decision Zone:- 33,411 - 33,527
Resistance Zone:- 33,698 / 33,990 / 34,360 / 34,650 / 35,100
Support:- 33,310 /33,175 / 33,050 / 32,751 / 32,500 / 31,600
We have mount Everest seating at 34,360 - 34,650 zone, where sell-off might trigger again and if these levels are crossed, we might see 36,500.
One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade.
E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't.
John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Regards,
SG
#banknifty analysis for 25th Mar:- #expiry#banknifty analysis for 25th Mar:- #expiry
Decision Zone:- 33,390 -33,490
Resistance Zone:- 33,700 / 34,275
Support:- 33,000 / 32,751 - 32,877 / 32,488 / 32,050.
Daily closing below gap of 33,305 - 33,583 is not at all a good sign, the next support is 32,877 (breakout restest) & 32,751 (61.8% of the fall)zone if this fails to hold we move back to 31,404 (last line of medium-term trend).
I see two reversal areas 32,750 or 31,500, if we don't get a reversal we will move into a medium-term bearish trend.
The move from 29,687.8 to 37,708.75 is 8021 point rally,we have retraced 50% (33,698), current low is 33,203.
38.2% retracement was 34,645 which was breached and we touched 50% retracement, now if today's low is broken, we move toward 61.8% retracement which is placed at 32,751 (last hope for bulls), if this support is breached we head towards 100% retracement towards 29,687.
Important pivot level is 33,800 & 50% fall is 33,698:- Ideally no longer till we cross 34,650 levels and we get a daily closing above this level.
Be-long if, 33,700 holds else to be on the short side.
One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade.
E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't.
John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Ref:- in.tradingview.com
Regards,
SG
#banknifty analysis for 18th Mar:- Expiry Special#banknifty analysis for 18th Mar:- Expiry Special
Decision Zone :- 34,550 above positive & below negative.
Important points on chart:- 34,835 / 35,100
I won't short this market tomorrow, even if the price goes down, will better avoid trading on an oversold market.
One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade.
E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't.
John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Regards,
SG
#banknifty analysis for 18th Mar:- Expiry Special#banknifty analysis for 18th Mar:- Expiry Special
Decision Zone :- 34,550 above positive & below negative.
Important points on chart:- 34,835 / 35,100
I won't short this market tomorrow, even if the price goes down, will better avoid trading on an oversold market.
One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade.
E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't.
John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Regards,
SG
#banknifty analysis for 10th Mar: #expiry#banknifty analysis for 10th Mar: #expiry
8021 point up-move is followed by correction of 3050 points (around 38.2%) and now we are consolidating for 2 weeks.
Currently, the range is 35,100 to 36,100 and the new move will be only outside this range.
Decision Zone:- 35545, above positive & below negative
How to Trade? Play the range of 35100 to 36100 and initiate breakout trade, if range breaks.
Below 35K, you might see pain till 33.5K and above 36K we are back on track to breach ATH.
My basic analysis remains the same:-
One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade.
E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't.
John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Ref:- Elliot Wave 1 H TF analysis:-
Regards,
SG
#banknifty analysis for 4th Mar - #expiry Special#banknifty analysis for 4th Mar - #expiry Special
Decision Zone:- 36,063 - 36,263
Upper Targets:- 36,434 / 36,643 / 36,910 / 37,056
Lower Targets: 35,959 / 35,823 / 35,665 / 35,378
My basic analysis remains the same:-
One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade.
E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't.
John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Ref:- Elliot Wave 1 H TF analysis:-
Regards,
SG
#banknifty analysis for 4th Feb #expiry special#banknifty analysis for 4th Feb #expiry special
5 trading session 5220 point rally, divergence on RSI & MACD crossover on the verge, but the price needs to confirm the corrective wave.
It's too fast & furious rally to sustain, better to book out the profit.
Positional short only below 34,050.
Decision Zone:- 34,583 - 34,655
Upper Targets:- 34,791 / 35,321 / 35,997 ( 600 points gap in targets, better break the target every 300 points)
Lower Targets: 34,419 / 34,047 / 33,586 / 32,842
Don't short the market, until 32,167 breaks, till then use the dip to go long.
One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade.
E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't.
John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Regards,
SG
Expiry Special Analysis for 7th Jan'2021#banknifty #expiry special 7th Jan'2021
Decision Zone:- 31,765 - 31,786
Resistance :- 31,865 - 31,909 & Support :- 31,510 - 31,548
Two types of movement are expected one is range bound and the other is breakout trades.
Upper Targets:- 31,891 / 32,126 / 32,272 / 32,382 / 32,507
Lower Targets: 31,655 / 31,510 / 31, 350 / 31,257 / 31,100
Positional selling below 30,912 only.
Larger TF analysis:-
One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade.
E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't.
John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Regards,
SG
Expiry Special Analysis for 31th Dec'2020#BankNifty Trading Strategy for 31st Dec'2020 (Year-end #expiry)
31,650-31,750 is a very important level, but the upside breakout of an uptrend does not sustain and fall back to the channel, if this doesn't happen on expiry, then might be in the next couple of days.
I will be very cautious with my trades.
Decision Zone:- 31,240 -31,360
Smaller Range:- 30,650 - 31,700
Medium Range:- 29,700 - 32,000
Upper Targets: 31,401 / 31,510 / 31,648 / 31,704 / 31,824
Lower Targets: 31,100 / 31,020 / 30,850 / 30,540
Positional short levels are apparent; it's below 31,000 closings.
Supporting analysis on lower TF for better clarity:-
I wish you to look forward to the upcoming year with confidence and courage, giving wings to your dreams! Live your life to the fullest extent, Happy New Year!
Note:- I won't be posting the analysis for 1st Jan'2021, as I will be traveling but will try to updates the 1st Jan levels on this post's comments, so keep watching.
One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade.
E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't.
John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Regards,
SG
Expiry Special Analysis for 24th Dec'2020.#expiry #BankNifty Trading Strategy for 24th Dec'2020
Wave 5 is completed, the First leg of correction Wave A seems to be complete and we are in Wave B of pullback.
30,345 is a very important level on chart, the short term breasish trend changes above 30,345
Decision Zone:- 29,754 - 29,858
Smaller Range:- 29,573 - 30,045
Medium Range:- 29,236 - 30,291
Upper Targets: 29,961 / 30,042 / 30,193/ 30,291 / 30,523
Lower Targets: 29,573 / 29,441 / 29,226
Try to read the market in context to the larger picture:-
One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade.
For E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't.
John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Expiry Special Analysis for 17th Dec'2020.#BankNifty Trading Strategy for 17th Dec'2020
Decision Zone:- 30,712 - 30,763
On Public Demand, added the new section trading range:-
Smaller Range:- 30,521- 30,890
Medium Range:- 30,398 - 31,080
Larger Range:- 29,654 - 30,450
Upper Targets: 30,890 / 31,020 / 31,092 / 31,243 / 31,450
Lower Targets: 30,567 / 30,481 / 30,202 / 30,027
A rising wedge is not a good sign.
Like the famous economist, John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Try to read the market in context to the larger picture:-
Expiry Special Analysis for 10th Dec'2020.#Expiry Special Analysis for 10th Dec'2020
Bearish Butterfly:- Condition Met, This reversal pattern forms in an uptrend.
XD ( 1.27 - 1.618) :- 1.483
AC (0.382 - 0.886) :- 0.772
Sell Below 2nd bar low:- 30,590 SL 30,807.25
harmonic target 1:- 62 - 79% XA 30020, 29805
harmonic target 2 :- 127-162% XA 29,532 / 29,185 / 28,744
Decision Zone:- 30,590 - 30,630
Lower Targets:- 30,320 / 30,170 / 30020 / 29532 / 29,185 / 29,045 / 28,744
I will avoid the long above decision zone for at least on expiry.
Both the harmonic targets are done on upside:-30,481 / 30,845
Weekly Range:-
Smaller Range:- 29,500 to 30,600
Larger Range:- 29,000 to 31,000
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Expiry Special Analysis for 3rd Dec'2020.#banknifty #expiry view on 3rd Dec'2020.
Decison Zone:- 29,268 - 29,362
Upper targets:- 29,441/ 29,602 / 29,750 / 29,913
Lower Targets:- 29,149 / 29,950 / 28,655 / 28,236 / 27,824
SL for all positional long is 28,800
Any crack can pull BN immediately to below 28k.
Weekly Range:-
Smaller Range:- 28,900 to 30,200
Larger Range:- 28,500 to 30,700
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
🔣NIFTY NOVEMBER EXPIRY STUDY - 30TH OCT - 26TH NOV 🔣STUDY OF NOVEMBER EXPIRY
30TH OCT - 26TH NOV
ALL RED CANDLES EXCEPT YDAY'S N TODAY'S ARE
ALMOST DOJI CANDLES
giving some thought to this pattern :-
TILL 24TH NOV - WE CAN SAY BUYERS WERE IN FULL STRENGTH
AS EACH DAY WHEN THE DAY HAD SELLERS STRENGTH
AND CANDLE WAS TRYING TO CLOSE IN RED BAR
BUYERS CAME IN N PULLED IN EQUAL STRENGTH
WHICH LEAD TO DOJI CANDLES
YDAY AND TODAY'S CANDLE IS NOW SHOWING SOME DIFF SCENARIO
WHERE IN SELLERS SEEMS HAVE GOT MORE POWERFUL
BUYERS SHUD HENCE STAY A BOT CAUTIOUS WITH THEIR STRICT STOP LOSS
AS ITS KNOWN
" HIROSHIMA & NAGASAKI WERE DESTROYED IN A DAY"
note - just an observation
Expiry Special Analysis for 26th Nov'2020.#expiry special #banknifty view on 26th Nov'2020.
Decision Zone:- 29,351 - 29,440
Upper targets:- 29,595 / 29,790 / 29,969 / 30,197
Lower Targets:- 29,250 / 29,132 / 28,994 / 28,666 - 28,534
Trend Reversal levels:- 29,520
Elliott Wave:- Wave C target 1 is done, really don't know target 2 will be achieved or not.
SL for all positional long is 28,580
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Expiry Special Analysis for 19th nov'2020.#banknifty view on expiry
Decision Line:- 29,608
Upper targets:- 29,914 / 30,220 / 30,515 / 30,702 / 30,998 / 31,180
Lower Targets:- 29,460 / 29,334 / 29,030 /28,799
Trend Reversal levels:- 29,030
Elliott Wave:- Wave 5 likely in progress:-
Wave 1 is 23,612.70 to 25,733.35 :- 2,160.65
Wave 5 starting point is 27,703.30
0.382 28,528 Done
0.5 28,783 Done
0.618 29,038 Done
0.78 29,388 Done
1 29,863 Pending
1.618 31,199 Pending
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.