Will market make big moves today? Know moreHello Traders!
Good Morning to all
> Europe is negative yesterday. US has closed flat
> SGX nifty indicating negative start
> OI support at 32000 and resistance @ 33500 Max pain @ 33000
> FII & DII both sold in cash and FII again short in index future.
> Market largely moved because of gap's for the past few sessions.
> FII can book profit if markets down in the open. Which can make the market move higher.
> Support and resistance on the chart.
Stay safe.. Wish you a profitable trading day!
Indextrading
Bank NIfty Intraday index chart 28th april 2021Bank NIfty CMP 32735
Upper side
if it breaks 32800
First target - 33000 (easily break 33000 small resistance)
Second target - 33250
Lower side
if it breaks 32600
First target - 32400
Second target- 32150 (Strong Support)if it breaks
Last and Final target - 31900/31800
Bank Nifty Intraday Trade Setup | 8th March 2021Today 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.
Resistance: 36300
Support: 34600
Intraday Levels:
Buy Above 35320
Sell Below 35200
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Adaniports made Flag !! Rally up or Fall down ???? 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.
BNF levels to WATCH ready for trap / ready for another big run 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
Banknifty vwap and mvwap 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 had good execution or poor execution on their order.
testing purpose
A notein course of trading it seems merely watching a sporting event where the outcome is unknown but there is plenty of action along the way. There are ups and downs, and things can change dramatically from one moment to the next.
most people enjoy the actions from price ( including me ) and most put the weight on other actions on the way, everyone predicting what is going next.
Nifty - Long - Swing TradeNifty 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 trade with positions to be held for several weeks.
I will post updates on the trade from time to time.
Stop Loss should be maintained at 11800.
Target: 12775
















