Bank Nifty is looking quite bullish as Nifty 50 is also bullish but one thing that you should remember is that the Bank Nifty is considerably weak then Nifty 50. So you can expect a bullish view tomorrow. A gap up is expected because 1. There can be a break out due to ascending chart pattern that I analyzed in previous analysis. So keep an eye out their. 2. After...
NSE:BANKNIFTY According Fibonacci retracement n Elliotte Wave theory i think if banknifty if hold its position above 35364 which is fib golden ratio level 0.618 then we ll able to see next target which is 36110 which is next fib level 0.786 and might this month july expiry we ll see banknifty at previous all time high again. if you observed its reversed just from...
Following trade is for educational purposes only. An Iron Condor is an option strategy, where the expected outcome for next week is range-bound. A CE option mentioned below is a European Call Option, while a PE option is a European Put. A hedger always buys these options and a speculator mostly sells one. But when the speculator only sells these options, the...
Following trade is for educational purposes only. An Iron Condor is an option strategy, where the expected outcome for next week is range-bound. A CE option mentioned below is a European Call Option, while a PE option is a European Put. A hedger always buys these options and a speculator mostly sells one. But when the speculator only sells these options, the...
NSE:BANKNIFTY its just my view in candlestick n chart pattern based...it may 100% wrong...dont trade on this its only for educational purpose ,trade with your own risk.
After trading within the Head and Shoulder pattern, the Bank Nifty finally gave a good breakout above our resistance line and traded 1200+ points up with very minimum resistance today. The technical analysis shows a clear bull run from here till 37000 with internal corrections and Targets/Resistance given in the chart. Once the BANKNIFTY crosses the target, the...
If Bank nifty breaks the trendline it will reach around 37000-37500 if reversal happens we can expect a fall upto 30000 Only for educational purpose Trade on your own risk
Breakout on minor upper trend and also the support zone. Further fall expected.
It's at a very crucial support/demand zone as well as right below the resistance trendline, which can give a one-sided move in upcoming days.
Sell 34500CE, Buy 35100CE NB: Educational Purpose Only
Banknifty is getting weaker every time it tries to touch 200 ma. Before closing of the day, BNF tried to break MA but couldn’t sustain. Based on price action we can analyze that there’s a breakout of a trendline but it’s fake because we have 200 ma just above the current price. Also we have a good Fibonacci 38.2% level that can act as a reversal. So looking at...
15min nifty candle opening and closing above previous candle. As well as breached days hlc average. Combine that with rising RSI (60+). We'll definitely see a short term upswing opportunity
Trade idea for the next week. 16000ce | 10Mar2021 | CMP around 7 | OI 594975 Should open at around 3 or 4 Rs today. I think buy and hold because high price range is 147+.
I had share with you live trade setup on Friday after 200 point gap down opening. Please have a look to that chart and you will understand , how we adjust our trade and view. Monady i will continue with Sell on rise strategy till nifty trade below 14700-14750. Level mention on Chart. If you have any question regarding setup or Nifty ,Please message me...
Upcoming nifty option expiry strong support according to option chain & Price action theory.
A hugely volatile day observed following global cues. Flag patter in observed on 1 minute chart with a downside breakdown however, it is near a support zone. Wish to see the support would be held and continue with sideways movement. Breakout visible at the end of the screen capture!