Disclaimer: This is only for educational purpose. Please consult your Financial Adviser before investing your hard earned money.
My sincere Thanks for my masters Trading panthulu, Day trader telugu and nayan pokarkar.
DATA DRIVEN ANALYSIS OF NIFTY & BANK NIFTY FOR THE WEEK ENDING 24-12-21
This is a new weekly post/series where I will briefly capture the key highlights of the 2 leading indices. This post is supported by a video that takes you through the details of how I have arrived at the analysis. I encourage you to view the video as well since not everything can be captured...
This is a live trade that I have taken and I explain to you all about the trade.
Please let me know how do you like this educational video.
Thank you,
Umesh
In this video, I giv you an update on the paper trade that I had taken on 10-12-21 where I had shorted 17000 PE and 18000 CE.
Please do let me know if such videos help you!
Thank you,
Umesh
17000 is a big support for the market as per data in option chain. there may be a bullishness in market so every dip or gap down is opportunity for long after bullish price action.we are student of market and not trading but study it.so analyse yourself n take decision.
GUYS do let me know in the comments if I should make video tutorials like this for analysis of NIFTY 50 regularly?
FOLLOW me for more such content ahead...Till then,
HAPPY TRADING :)
Tomorrow's view on Banknifty .
--> Time frame =1 hr
--> BANKNIFTY is moving in a channel with Higher Highs with Higher lows in Downtrend.
--> As per 3days, major support 34000 and 34580 And major resistance. 35526 And 35695
View looks like side ways tomorrow in between 35030 and 35580 levels to down trend.
