Looks Bulls are entering which kept market floating for past 2 days might get good movement by tomorrow or expiry, if open without gaps or open in previous days range. - As per trend analysis bulls making lower highs as support may hit 43800 - Bullish move above 43800 , Resistance at 43970 - 43600 may act as support & resistance both. - 43400 support on down...
Nifty given strong monthly closing as usual, but still fear of stock market has not been over by seeing global market last late night on friday. Nifty near to 200 SMA support and also at its price action supportive Trendline zone.
Nifty Analysis Recap from yesterday: “For tomorrow, I wish to maintain my bearish stance and expect Nifty to trade between 18880 and 18762. If we break 18762, my next target would be 18597.” Nifty took a breather today, opened gap up around the 18930 area and rose steadily. We did not retouch or break the low of 25 Oct ie 19075 zone, slightly indicating that the...
BankNifty Analysis BankNifty was a pure support and resistance play today. If you had seen my charts earlier - you would have seen the marked SR zones and noticed how we reacted to 3 of those levels today. Open was gap-up above the 43253 SR level. We went up to 43404 zone and got rejected and came back. We spent some time back at the 43253 levels with no special...
BankNifty Analysis One thing that really gave me confidence in the bearish move was the build up of momentum in banknifty. I did not get this feedback from Nifty, but Banknifty’s pulse gave me hope that further down moves are highly possible. Since I rely on options flow also to gauge the sentiment - the intensity of CE shorts were too good today especially in...
Index is currently in a no trade zone and i'd recommend traders refrain from trading any related instruments to avoid getting chopped out . Plots available on the chart how the earlier zone was traded for referrence . Trade wisely !
Hi banknifty trader. there is a high probability that banknifty can form ascending triangle pattern and continue its bullish trend. also, it is forming this bullish at its all-time high region. so upside momentum can be good if breakout will happen.
Banknifty. (Only for Experienced traders" ) Enter after " Breakout and Retracement ". . . For " long " entry: 44575 / 45025 target: 45030 - 45250 - 45760 stoploss: 44430 . . For " Short" entry: 44430 target: 44250, 44030 stoploss: 44580 . Enter only if market Breaks "Yellow box" mentioned. . Wait for proper reversal and conformation. . Don't make...
#Banknifty at the moment with Bullish trend with the Grip of Bears. Follow Price Action at these levels to initiate your trades.
Looking good for buying once the trend line breaks or wait for the reversal at bottom trend line. Also make sure to follow the index trend and take position accordingly. Please follow me if you like my analysis. More ideas publishing soon…
Market broke down in last trading session after gap up on previous session, US market closed in green zone post US FED meet with no rate hike, expected to open in green zone but 19240 level is crucial support which have tested too many times. VIX is also rising. So follow chart for proper entry and exit levels.
#HDFCBANK #BANKNIFTY #NIFTY50 #NIFTY #SENSEX #TATA Intraday trading involves buying and selling options within the same trading day, rather than holding them for an extended period. By adopting this approach, traders can make profits by capitalizing on the short-term price movements of the underlying asset.22-Apr-2023 Is option buying good for intraday? Trading...
a very well known cup nd handle pattern is forming on a daily chart in ASTRAL ltd.
Banknifty . (Only for Experienced traders" ) Enter after " Breakout and Retracement ". . . For " long " entry: 44620 / 45120 target: 45030 - 45250 - 45760 stoploss: 44500 / 44980 . . For " Short" entry: 44410 target: 44250, 44030 stoploss: 44580 . Enter only if market Breaks "Yellow box" mentioned. . Wait for proper reversal and conformation. . Don't make...
Some important levels on the chart. It is likely to follow uptrend with a sL of 450 on closing basis.
All details in chart. Multiple support at different levels. Keep sL of 200 and go long for all time high.
All details in chart. This includes RSI strategy, Futures OI strategy, EMA strategy, Support and Resistance Zones.
#We Make Only Profit. #HDFCBANK #BANKNIFTY #NIFTY50 #NIFTY #SENSEX #TATA Intraday trading involves buying and selling options within the same trading day, rather than holding them for an extended period. By adopting this approach, traders can make profits by capitalizing on the short-term price movements of the underlying asset.22-Apr-2023 Is option buying good...