I couldn't post analysis for Friday but shared levels in both Free and Premium Trading Rooms, As per the analysis BankNifty traded in a range for the whole day, and Option Buyers didn't get much opportunity.
Trades we took today:
> Bought BankNifty Fut at 33410 and booked 3375 per lot profit
> Sold Bergepaint800 CE at 18.15 and booked 2200 per lot profit
As analyzed BankNifty made a low in the first 15 mins and gave a Trending move on the upside. As per set-up we got the Buying trade in the second half and met all the targets.
Trades we took today:
> Bought SBI Bank at 357.5, gave great profit
> Bought ICICIPru at 420, gave great profit
> Bought BankNifty Futures at 33570 and booked around 33720 which is 7500 per...
Today we again opened with a gap down and traveled near our resistance line and again saw the rejection. Price came near 34900 levels which was again one of the levels marked with a white line.
Expectations for Tomorrow: Both side moves.
Buy Above 35320
Sell Below 35200
To motivate me, Please like the idea If...
for bnf going up with low volume let's see next week how market gone to react according to me it will come down like now go up with less volumes and volumes can also change in coming days so keep this in mind don't do blindly long or short trade with confirmation
It broke the trend line, and consolidating between 456 and 475 level.
It also looks like flag and pole.
Sell if it breaks 455. Flag can give breakout or breakdown.
Buy if it breaks 475.
Only for intraday. 14/12/2020.
Don't go for greed or fomo stage. Wait for levels to break and book profits as your comfort.
MVWAP may be used by longer-term traders, but VWAP only looks at one day at a time due to its intraday calculation. Both indicators are a special type of price average that takes into account volume which provides a much more accurate snapshot of the average price. The indicators also act as benchmarks for individuals and institutions that wish to gauge if they...
Nifty View !!
Buy Nifty at Cmp 11200 Use Dips Till 11100 for Buying
with Sl 11040
Note: View Given Here are For Educational Purpose Only!!
Consult Your Financial Advisor Before Taking Any Trade
Nifty formed a bullish flag pattern followed by a consolidation before a breakout to reach the top of the flag.
Further consolidation was seen in the ~11800-12000 range.
Nifty has witnessed a breakout from this range and is thefore expected to resume its upmove to the target of 12775 given the length of the Flag Pole.
This is ofcourse going to be a swing...