Get started

Market

Banknifty (Flying Opposite to the wind - Negative)Sell on the Rise "Need a trigger to sell off- Coming soon." Market is looking positive to everyone as it is making new highs. I will like to share my personal view: Detached to the economy market is looking to trap retail players with dramatic upmove. (Hint: Confusing OI data) On Monday expecting a Gap Down Opening, Create a short position below 35200 of course with Hedge. It will reduce upside risk and prevent you from stoploss hunting. To make fresh Upside move BN needs to cross 35800 Levels with some positive News around. Option Buyers should trade with limited quantity as premium eating is going on by big players from last 2 weeks. Sell Below: 35200 Buy Above: 35800 Looking for 34400 level in next few days. Just a view with some analysis. Trade will be executed as per moves and on time Chart and OI analysis. Maybe I am wrong, View is based on current situation. Trade like Chameleon (Change the colours according to situation). Like if you Like.
NSE:BANKNIFTYShort
by sanks90
Bajaj Finance Correction !Bajaj Finance Showing weakness on which There can be a correction coming out ! Points to analyse- 1. Bajaj Finance have a Double top Which indicates trend reversal or Correction. 2. Major Support / Roundoff Price / Fibonacci Comes at same levels with gives multiple confirmation of strong support ! 3. Also there is a little unfilled gap which can be filled this time if market corrects ! 4. Market is too up at this time after market averages - price have to come close to average to start new trend 5. There is a support nearby around 5330 If it breaks there are high probability that it can fall . 6. Even if we only follow Trendline after double top trend reversal indication the prices behaviour is to come near trendline ! That what i have analysed If you have any suggestion or queries please contact me freely on twitter or comments of this post ! Stay safe - Stay Healthy Namaste Comments Leave a comment that is helpful or encouraging. Let's master the markets together
NSE:BAJFINANCEShort
by harit123
4
NIFTY with a GAP down.HOW TO TRADE IN NIFTY . Nifty is making a bullish candle and global market is bullish but as corona cases are increasing, the market will be bearish. behind the scenes: FII BOUGHT 437CR DII BOUGHT 657CR. EUROPEAN markets are flat. SGX nifty is trading bearish at the time of review Advance to decline ratio is around 1131:762 in Nifty50 US market data is bullish Crude oil is trading at $62.92 bearish Gold is trading at 1778 with bullish view US 10yr bond is flat at 1.566 bearish Dollar index is also flat 91.65 bearish OI For Nifty for the lower side are 14,600/ 14,500/ 14,400/14,000 OI for nifty on the upper side are 14,700/ 14,800/ 15,000/ 15,500 Maximum OI at 15,000 Max pain at 14600 market price 14617 what to expect: Market may show a bull run if crossed 14645 how to trade today: 1. Gap up opening first possible resistance 14682 second 14733 third 14788 2. Gap down first possible resistance 14574 second 14519 third 14471 fourth 14354 expecting a gap down 3.flat opening 14646 is a crucial level to watch This is an educational analysis no call is related to it
NSE:NIFTYShort
by Mantubora