BankNifty Analysis - Stance Bearish ⬇️ The stance for BankNifty was bearish yesterday and it is still bearish today. The highs and lows of today were more or less matching with the levels of yesterday. Visually the price action is more negative than yesterday, the reason being the highs hit today were due to gap-up whereas yesterday’s high was via fighting it out...
BankNifty Today Analysis It all started with BankNifty today, the options flow was indicating immense bearishness. But Nifty50 options flow was showing strong bullishness. This contrasting directional bias barely works in our market. And 9 times out of 10, Nifty50 mends its way to go as per BankNifty’s directional bias. The reason is, BankNifty is still the...
NIFTY LEVELS FOR THIS WEEKLY EXPIRY These are Mathematical Calculations and results are very good. Mark these Levels on your chart and just enter on 5 Min Candle breakout (High of Breakout Candle) on any level with target of next line(Level). Weak Below Low of Breakout Candle. Best use on Expiry for ZERO HERO. ALL THE BEST. For Educational Purpose Only.
BankNifty Monthly Expiry Trade Plan Banknifty following a channel. either side breakout of this channel will initiate trending move
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
In the dynamic world of trading, the Bank Nifty (BN) showcased an intriguing scenario today, leaving traders on the edge of their seats. After a sharp initial fall, the index staged an impressive recovery, ultimately reaching new heights by the day's end. Let's delve into the details of this captivating journey and explore the potential trading opportunities it...
So, got a lot of enquiries for explanation of today's movement by Indices and here I will try to summarise the entire context for ongoing price movement with the help of my very own "Pivot Auction Chart" 📶 ➖ To start with the general context of this week's price movement - 👉🏻 Currently both the indices are in grip of weekly participants (responsive). 👉🏻 So,...
Good Morning Traders, I hope you are doing good in your trading and your life as well. Before to start today's analysis, I want to say thankyou to all of you guy's that i have completed 2k followers on tradingview.com, it all got possible just because of your love and support guy's. Our TraderRahulPal family is increasing slowly slowly. Thankyou one more time to...
Good Morning Trader, i hope you all will be doing good in your trading and in your life as well. Expiry comes again, i know most of our followers they just wait for these days. Okay so as today Finance Nifty expiry day, so will analyse this and will see what we can do today. If Finnifty will hold 20500 levels till 1st half and give breakout of downward sloping...
Good Morning Traders, i hope you all will be doing good in your trading. Today is Nifty and BankNifty Expiry Day. So let's start. Nifty is forming a pattern which is quite similar to bullish flag pattern but that is not a bullish Flag pattern. Yes that is not exactly a bullish flag pattern. Let me explain about this:- There are some common misunderstandings of...
Hello Good Morning Traders, Yesterday was a very good day for trading, i hope everyone would have exited in profits. After giving breakout of down slopping descending channel, there was a huge upside momentum in Banknifty and Finnifty. Nifty was already making new highs. so let's analyse for today's market. I think today also we can see trending market, but there...
FinNifty Important intraday levels to watch for 18-07-2023 #Support: 20250 Short if candle closes below 20250 #resistance: 20450 Long if candle closes above 20450 or if 15 minutes candle closes above 20305 with a strict stoploss of 20440 for the target towards the supply zone. #Targets on downside after break of support. Target 1= 20150 Target 2=...
Banknifty important levels to watch for 13-07-2023 Immediate Support: 44950 Immediate resistance: 45080 Buy above: 45100 Sell below: 44950 Note: Always try to trade in ATM or ITM option having strict stoploss as this is expiry and do your own research before initiating any trade. Follow us for more such information and give it a like if you appreciate...
Nifty again made all time high today, but according to me there is no any sharp moment in it. Well for me highest upside remain in the NIfty is till 19500 levels. Today also it has tried to touch but returned from the level 19472, let's see what is going to happen, but i am looking an opportunity to short the nifty and banknifty but will do according to price...
Banknifty analysis for today's expiry:- Yesterday was a good day for all traders who was a trend trader. We have seen huge buying momentum in all indian indices. Banknifty also has given significant move from bottom after 1pm. From global everywhere green green today, American Market also has given rally in yesterday session, just because of that our Market...
The trend started in Finnifty which was responsible for the last hour surges in BN and N50. If you look at the Finnifty chart today - it was positive right from the start. From 11.10 to 15.10 we had a decent rise of 1.27% ~ 248pts. Today was the expiry day & till 14.00 we did not see any major impact to the options premium. But right after that the CE premiums...
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...