As we can see currently bnf is trading in a range and follow a trend line (marked on the chart) the area presented in grey colour was acted as a crucial supply zone in the past, after the breakout of the trend line our entry will be activated above 41800 level and our target will be 42000 round figure.
My view is bullish on bank nifty
What is yours? Post your...
We can see inverted H&S pattern in nifty with good risk reward ratio. If tomorrow on 8th feb 23 market breaks the trend line then just after the breaking the level of 17780 we can enter into a long trade. Target 1850 stop loss just below the swing low.
Hope for the best👍💯
Happy learning
RBI Governor announced the Repo Rate hike of 0.35% to 6.25% currently - see the minutes here. Inflation in Oct 2022 reduced to 0.6% to 6.8%. And our GDP growth reduced to 6.8%.
Listening to the speech i felt the global economy is in big trouble & India is in a far better shape. Also there is a possibility of further rate hikes as the accepted inflation band is ~...
,NIFTY 50 EOD ANALYSIS 07-12-21
In this post, I talk about the analysis for the day and the trading range for tomorrow. The video discusses with the help of the charts how the indices as well as leading stocks performed during the day and their likely play tomorrow.
O 17044.10
H 17251.65
L 16987.75
C 17176.70
EOD +264.45 points / -1.58%
India VIX...
THEY SAY VOLATILITY IS NOT GOOD. I SAY VOLATILITY IS THE BLOOD OF A TRADER. MAKING MONEY IN STOCK MARKET IS EASY BUT ONLY A FEW DOES IT .
NSE:NIFTY NIFTY Tomorrow Expiry – Bearish on 5 min Time Frame but as you know its expiry so anything can happen. Keep in a close look in my YouTube channel. Trade keeping in mind the Price action With Levels. MARKET CAN BE...
*** History Has the Answer - In my past ideas I have discussed the importance of 11035-11100 zone -specifically the idea- "Demand & Destiny Zone"
As suggested in last video idea - we shall buy above 11000 - trade got executed & time has come that you should be careful for following reasons next -
RBI policy decision on 7th Feb 2019
Market Breadth is...
Tomorrow being RBI day its usual for Nifty to give only scalping trade chances. We slightly have a different view from yesterdays but still in-line with what we are expecting with Nifty.On lower timeframe's scalping chances will arise whether its move till 10110 or on bearish reversal with formation of double-top. Be conservative on the formation of double-top...
