Pair: INDIA NIPPON
Entry Type: Buy
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Kotak Mahindra Bank making a Head & Shoulder Pattern, closed on a very critical support level i.e. 1939.
Can give a good breakout if Bank Nifty Breaks tomorrow and the market sentiments act negative.
Have given both the levels for buy and sell. If it takes support from the line of support tomorrow also for 15-20 mins go long.
If the support level is broken and...
In the previous week, bank nifty has lost -2027.3 ( -6.17% ) points, and according to this technical chart, it will keep falling after a short reversal. Because as per the Elliott wave theory, an impulsive wave ended at the 5th wave, and a corrective wave has started.
In the last trading session, it has created an opening gap, and also breakdown the strong...
Zones are mentioned on chart. Planning to upload SBI and HDFCBANK zones also today, do check those too.
Will start the Model Portfolio and Swing trades telegram soon guys. Just waiting for budget.
Dont be a Bull, nor a Bear. Just be a Hare!
I am absolutely unable to get a view on the markets.
Had banknifty moved just a little similar to way nifty moved, I was expecting a solid swing of around 350-400 point in total till this weekly expiry.
If anyone has any idea what can work as a trigger for tomorrow's trading, plz mention in the comments.
Yes, there is a trendline. But the ways zones have come...
Zones are mentioned on chart.
India Vix is good, markets are giving good moves. Weekly expirys, Short coverings, Full mood Long buildups, bull traps or bear traps at just the opening are all aligning so perfectly. If one has been in the markets for say past 3-4 years and still isnt able to make money in this kind of market, well sir/ma'am,...
*MERRY CHRISTMAS To All Traders*
Like always, copy the levels and trade on 3 mins time frame.
If you haven't traded with the Zones yet, What are you waiting for??
Check Historical idea on 3 mins time frame.
Dont be a Bull. Dont be a Bear. Just be a Hare.