#banknifty analysis for 9th Mar
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 35000 to 35800 and new move will be only outside this range.
Expiry on Wednesday and good OI on 35k PE, which suggests 35K going to be supported till expiry.
Decision Zone:- 35090, above...
#banknifty analysis for 2nd Mar
Decision Zone:- 35,286
Upper Targets:- 35,620 / 35,863 / 36,020 / 36,342 / 36,500
Lower Targets: 34,960 / 34,722 / 34,300 / 33,911 / 33,700
Flag formation observed in the chart, either price will reverse from recent low and move up.
There is another scenario, the price might try to fill up the GAP - 33305.30 - 33583.15, before...
#banknifty analysis for 8th Mar (Monday)
We are forming constantly Lower High, which is an exhaustion sign until 36455 is not crossed, avoid long.
A rising Wedge is not a good sign and the wedge is broken on the lower side. Island candles are getting formed which doesn't give a good signal and a minimum target of 33,900 is what I see on the chart.
Decision...
#ElliotWave analysis of #banknifty on the 1D timeframe.
we are in wave 5, the upside target is between 38,853 to 40,710, but expect a dip to 33K before continuing the upside journey.
The 1D EW analysis has to be read in conjugation with EW analysis of 1M...
NSE:ADANIPORTS
one can long till coming PRZ and book long only if find reversal at PRZ and one can wait for that level to come and at that time if find reversal go for short from there.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before...
NSE:DEEPAKNTR
trade if one can find reversal trade for short as per their trade setup.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
NSE:JUBLFOOD
short only if find reversal at PRZ
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
#banknifty analysis for 5th Mar
We are forming constantly Lower High, which is an exhaustion sign until 36455 is not crossed, avoid long.
Rising Wedge is not a good sign, if the index trades below 35,650 you might see 33,600 levels.
Decision Line:- 35,650
Upper Targets:- 36,019 / 36,342 / 36,664
Lower Targets: 35,159 / 34,800 / 34,466
My basic analysis...
#banknifty Budget Special 1st Feb'2020
Let's keep the thing very simple for the budget, the @vix will be very high during the budget speech hence is the vega, which won't allow the premium to drop.
You need to wait till 11 AM to 1 PM, to VIX to be crash, before you take my directional trade.
If you are right, in cathing the direction, it's can multiply the...
Hit The like button if you liked the idea
--- Trade was given on -04 -FEB -2021
--- Got 19 likes & few comments
🎯 MUST CHECK THE BELOW IDEAS ( Target hit in all ) 🎯
----------------------------------------------------------------------------------------------------------------------------
👇👇👇👇👇👇 CLICK the chart for the proof...
Nifty Futures
Now, there is a slight conflit in ideas here. If you check the daily chart of Nifty futures, the candles have closed above the mid-average of the trendline but if you see the charts of Nifty spot, the candles have not been able to sustain above the mid-average.
Now, another thing which is making me skeptical is the trend on 15m charts. You can see...
Price is trading within the coil. About to breakout. Watch carefully & trade only after breakout from coil. This is hourly chart ... can use this idea only for short term
NSE:BANKNIFTY
📊 Each levels Act as support and resistance📈📉. one can trade on 3min, 5min and 15 min as per their trade set up. for reference one can check our old published ideas.
if any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle and...
NSE:NIFTY
📊 Each levels Act as support and resistance📈📉. one can trade on 3min, 5min and 15 min as per their trade set up. for reference one can check our old published ideas.
if any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle and stop...
#banknifty analysis for 26th Feb
Decision Zone:- 36,840
Upper Targets:- 37,124 / 37,568 / 37,708 / 38,452
Lower Targets: 35,342 / 36,020 / 35,863 / 35,620 / 35,292
The rising flag is not a good pattern and has a high probability of a downside move.
36K is now the pivotal point for positional trade, below 36K be positionally long and below positional...
Niftybank forming Symmetrical Pattern on 4hr tf
Strictly watch for support resistance lines and levels
Kindly mitivate us by giving likes
Discalimer : Only for educational and learning purpose
