Theses Banknifty levels are only for educational purposes
BankNifty Analysis - Stance Neutral ➡️ BankNifty is still stuck at the 47465 resistance level and this according to me was the primary reason why even Nifty could not find the upward thrust. There were 4 specific instances when BN tried to break the resistance and move up but all of them got rejected. This does not really mean that the Bulls are tired or out of...
Hi, Eecepting NSE:BPCL to reach target of 900 Rs. in coming days/weeks. A very nice price action supported by good volume is seen in BPCL. It is also bullish on daily, weekly and Monthly MACD Charts. Expecting the momentum to continue... NSE:BPCL is currently trading at very good buying levels. This is for educational purpose only...
These BN levels for tomorrow are only educational purpose. Do common
BankNifty Analysis - Stance Neutral ➡️ BankNifty also gets a stance change today i.e. from bearish to neutral. All that is pending is to take out the 47465 resistance to go bullish. Most likely that should happen tomorrow and we are eagerly waiting to trade on another Saturday. BN closed the day with a gain of 1166 points ~ 2.53%. But unlike Nifty, BN is not near...
Degree full forms- L1 stand for Long term wave 1 and so on M1 stand for Medium term wave 1 and so on S1 stand for short term wave 1 and so on Hello Everyone, Welcome to Trading Idea, This is a short term forecast. I hope you are enjoying my forecast, if you love the content than kindly like and share it with your friends. Also keep following us for more neowave...
Degree full forms- L1 stand for Long term wave 1 and so on M1 stand for Medium term wave 1 and so on S1 stand for short term wave 1 and so on Hello Everyone, Welcome to Trading Idea, This is a short term forecast but trade always in direction of bigger cycles. Any last minute update will be done on our tradingview live links. I hope you are enjoying my...
Nifty Analysis - Stance Neutral ➡️ Recap from yesterday: “In the 63mts chart, see the encircled region — the strength of the green candles stands out prominently. This has given Nifty a total makeover, till yesterday we were neutral with a moderate bearish bias. Today we are still neutral but with a bullish bias — as the resistance of 21913 is much closer than the...
Nifty Analysis - Stance Neutral ➡️ Recap from yesterday: “For tomorrow we wish to keep our eyes open for any bearish clues although we wish to stay neutral to start with. As always, we prefer BankNifty to make its move first and then Nifty50 will align itself to that direction.” 4mts chart We really thought the open may be flat and we would start falling, but...
Price appears to be deliberately pushed down for catching stops and huge buying happening at support levels. Sector supporting too Call option can be positioned
As mentioned earlier post that might be today will be trend day or same tight sideways and it happend market didn't moved to new direction. market players want to stop out as many players as possible before a breakout it started with morning flase break out then all went in a range Bulls are facing strong resistance as they failed twice to break 45600 level...
Bullish flag in Hero MotoCorp - pole is good and strong Flag is narrow and like good base too. Present price is good for call option. And pullback within flag base gives you much better price
Yesterday US market recovered very well at late night, and Asian Market is also looking good, Nifty may open around at Res 1 zone, follow chart for proper support and resistance levels to initiate the trade.
Banknifty/Nifty analysis for 10th Jan 2024 for educational purpose only This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of...
Nifty Analysis - Stance: Bullish Recap from yesterday: “Nifty is definitely on cloud 9, the newfound momentum is intact and almost all the sectorial indices are strong. What next? Is a big question. Just like a goods train, it is difficult to stop the bull run that fast. For tomorrow, I wish to continue my bullish stance with the first support level at 21652.” ...
BankNifty Quarterly Analysis Surprisingly BankNifty rose only 9.56% ~ 4232pts compared to 11.6% by Nifty. There are 2 reasons for this. RBI’s I-CRR and CAR weight adjustments decisions rocked the boat and BN fell much more than N50 NiftyIT rose to the occasion and supported N50, in the same period NiftyIT gained almost 12% 1D chart link - click here ...
Hey , These Levels are based on purely mathematical calculations. Validity of levels are upto expiry of current week. How to use these levels :- * Mark these levels on your chart. * Safe players Can use 15 min Time Frame * Risky Traders Can use 5 min. Time Frame * When Candle give Breakout / Breakdown to any level we have to enter with High/Low of that...
Today #nifty50 - Important Intraday zones for Trading - 21/12/23 👍