Get started

Search in ideas for "gift nifty"

PRE MARKET ANALYSIS OF NIFTY AND BANK NIFTY FOR 26 MAR 202425 Mar 2024 WORLD MARKETS 1. World Markets are consolidating with a positive bias. 2. Europe and Asia is looking bullish. INDIA VIX AND GIFT NIFTY 1. India VIX is trading well below 13 indicating more bullishness. GIFT Nifty is indicating a flat opening. INDEX HEAVY WEIGHTS 1. HDFC Bank is consolidating in a very narrow range. Any break out from this range will have a trending move. 2. ICICI Bank is again trading between 1100 - 1070. 3. Reliance is trading between 2875 - 2930. ANALYSIS 1. Nifty and Bank Nifty will remain range bound due to no specific triggers in the market. 2. The Only trading opportunity will be when HDFC Bank falls to 1430 and consolidate and ICICI Bank falls to 1070 and consolidate and reliance fall to 2875 and consolidate. Any up move in any two of this stocks, can be bullish for Nifty. 2. However for Bank nifty Both HDFC and ICICI Bank has to be bullish. TRADING PLAN 1. NIFTY OPEN BETWEEN 22175 - 22020 : Any dip to 22000 and move above 22050 is a buy. 2.NIFTY OPEN ABOVE 22175 : Any dip to 22100 is a buy. 3.NIFTY OPEN BELOW 22020 : Sell any break below 22900. Buy any consolidation between 21950 - 22050. 4. BANK NIFTY OPEN BETWEEN 46750 -47000: Buy any dip to 46800- 46650 and break above 46800. 5.BANK NIFTY OPEN ABOVE 47000: Any consolidation between 46800 and break above 47050 is a buy. 6.BANK NIFTY OPEN BELOW 46750 : Any break below 46500 is a sell. However any consolidation between 46600 - 46800 and break above 46800 is a buy. DISCLAIMER 1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADE TAKEN BY THE READER.
NSE:BANKNIFTYLong
by sam20051968
PRE MARKET ANALYSIS OF NIFTY AND BANK NIFTY FOR 14 MARCH 202413 march 2024 WORLD MARKETS 1. All the world markets are trading with a positive bias. INDIA VIX AND GIFT NIFTY 1. India VIX has risen by 5 % which indicate increase in fear. 2. GIFT Nifty is indicating a flat opening with a negative bias. INDEX HEAVY WEIGHTS 1. HDFC Bank is looking positive. 1480 is a strong resistance. Any break of this will be positive for bank nifty. 1454 is a strong support. 2. ICICI Bank today was very steady and trading neutral. 1090 is a strong resistance. Break of this will have a tgt of 1100. 3. Reliance was a major contributor for Nify fall. It is down almost 85 points. 2872 is a strong resistance. 2830 is the support. ANALYSIS 1. Nifty fell becaues of Reliance, whereas Bank Nifty is trying to defend 47000 and Nifty 22000. 2. We need to see whether Bank Nifty defend 47000 and Nifty 22000. 3. we may see some volatility see as it is Nifty expiry. TRADING PLAN 1. NIFTY OPEN BETWEEN 22150 - 21850 : Sell any rally to 22150 and break below 22080. 2.NIFTY OPEN ABOVE 22150 : Wait for consolidation between 22000 -22100 and a decisive break above 22150. 3. NIFTY OPEN BELOW 21850 : SELL ANY RALLY TO 22100 and break below 22000. 4.BANK NIFTY OPEN BETWEEN 47150 -46800 : Sell any rally to 47300 and break below 47000. 5. BANK NIFTY OPEN ABOVE 47150 : Wait for a consolidation and break above 47350, tgt 47700. 6. BANK NIFTY OPEN BELOW 46800 : Sell any rally to 47000 - 47150 and break below 47000. DISCLAIMER 1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADE TAKEN BY THE READER.
NSE:BANKNIFTY
by sam20051968
PRE MARKET ANALYSIS OF NIFTY AND BANK NIFTY FOR 07 MARCH 202406 March 2024 WORLD MARKETS 1. US Markets are looking mixed. S&P and DJI is looking bullish. NASDAQ is looking bearish. INDIA VIX AND GIFT NIFTY 1. India VIX has reduced while market is bullish. This is very bullish. 2. GIFT Nifty is indicating 60 points uptick at 22550 which is very positive. INDEX HEAVY WEIGHTS 1. HDFC Bank has very strong support at 1435. 1448 is a strong resistance. 2. ICICI Bank has resistance at 1100. Any opening above 1100 is bullish. while any break down below 1098 decisively is temporarily bearish. 3. Reliance still has strong resistance at 3017.6. If this is broken, then reliance will be very bullish. I remain positive on Reliance. 4. IT twins TCS and Infosys are looking very bullish. ANALYSIS 1. Nifty and Bank Nifty is looking very positive. 2. Nifty has strong support at 22400 and 47500 for bank nifty. TRADING PLAN 1. NIFTY OPEN BETWEEN 22550 - 22400 : 22400 is a very strong support .Any dip to 22400 -22300 is a buy. 2. NIFTY OPEN ABOVE 22550 : Wait for a consolidation between 22400 -22550 and buy any break out above 22550. Any dip at 22350 -22400 is a buy. SL 22300. 3. NIFTY OPEN BELOW 22400 : Wait for a consolidation and break above 22400 before buying. 4. BANK NIFTY OPEN BETWEEN 47750 -48160 :Any dip to 47800 and consolidation between 47800 - 48000 is a buy. 5. BANK NIFTY OPEN ABOVE 48160 : Wait for a consolidation between 48160 - 48000 and buy any break out above 48160 decisively. 6.BANK NIFTY OPEN BELOW 47750 : Wait for a consolidation between 48000 - 47750. Any break out above 48000 is a buy. Any break down below 47500 and move above 47750 is a buy. Bearish bets can be taken only below 47500. DISCLAIMER 1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADE TAKEN BY THE READER.
NSE:BANKNIFTY
by sam20051968
PRE MARKET ANALYSIS OF NIFTY AND BANK NIFTY FOR 01 MAR 202401 march 2024 WORLD MARKETS 1. World Markets are consolidating with a positive bias. INDIA VIX AND GIFT NIFTY 1. India VIX is at 15.7 which is high. Hence the markets are moving violantly. 2. GIFT Nifty is indicating a down tick of 34 points at 21920. This amounts to 46000 for the bank nifty. INDEX HEAVY WEIGHT. 1. HDFC Bank is consolidating in a very narrow range of 1440 - 1400. However it is below 1410. 2. ICICI Bank has been very volatile. It has closed below 1053. 3. Reliance is clearly turned negative. Next support is at 2870. ANALYSIS 1. Indices are very volatile. Today we saw markets making random move. It should be observed that call premium has not changed much in Bank nifty but put premium has crashed considerably. 2. Nifty is still below 22000 and Bank Nifty below 46500. TRADING ANALYSIS 1. NIFTY OPEN BETWEEN 22050 - 21930 : NO TRADE. 2. NIFTY OPEN ABOVE 22050: Wait for a consolidation betwen 22040 - 22100 and buy a breakout above 22100. 3.NIFTY OPEN BELOW 21930 : Wait for a breakout below 21850 decisively. 4.BANK NIFTY OPEN BETWEEN 46310 -45936 : NO TRADE. 5. BANK NIFTY OPEN ABOVE 46300 : Wait for a consolidation and break above 46350 decisively. 6. BANK NIFTY OPEN BELOW 45930: Sell any any consolidation and break below 45900 decisively. DISCLAIMER 1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADE TAKEN BY THE READER.
NSE:BANKNIFTY
by sam20051968
PRE MARKET ANALYSIS OF NIFTY AND BANK NIFTY FOR 27 FEB 202426 FEB 2024 WORLD MARKETS 1. US is consolidating with a positive bias. 2. Europe is bullish and Asia is mixed. INDIA VIX AND GIFT NIFTY 1. India VIX is above 15 at 15.6 up 4.19%. 2. GIFT Nifty is indicating a 70 point uptick at 22180 level. This amounts to 46700 levels for Bank Nifty. INDEX HEAVY WEIGHTS 1. HDFC BANK is consolidating with a negative bias. 1410 is a strong support and 1440 strong resistance. 2. ICICI Bank is consolidating with a positive bias. 3. Reliance is bullish. 2950 is still a good support. 2975 is a good resistance. ANALYSIS 1. Nifty is consolidating between 22300 - 22000 with a positive bias. Any break of this will give us a trending move. 2. Similarly Bank nifty is consolidating between 46500 - 47000 with a negative bias. 2. We may see this range bound move to continue till feb expiry. TRADING PLAN 1. NIFTY OPEN BETWENN 22088 - 22156 : Sell any rally to 22200 with sl at 22250. 2. NIFTY OPEN ABOVE 22185 : Wait for a consolidation between 22185 - 22250 and decisive break above it. 3.NIFTY OPEN BELOW 22088 : Wait for a break below 22040. 4. BANK NIFTY OPEN BETWEEN 46700 - 46470 : Sell any rally to 46800 and break below 46600. 5.BANK NIFTY OPEN ABOVE 46700 : Wait for a consolidation between 46680 - 46800 and a break out above 46900. 6. BANK NIFTY OPEN BELOW 46460 : Wait for a consolidation between 46500 - 46400 and break below 46370. DISCLAIMER 1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADE TAKEN BY THE READER.
NSE:BANKNIFTY
by sam20051968
PRE MARKET ANALYSIS OF NIFTY AND BANK NIFTY FO 23 FEB 202322 FEB 2024 WORLD MARKETS 1. All the world markets are loooking very bullish with an uptick of 1 - 2 % uptick. INDIA VIX AND GIFT NIFTY 1. India VIX has come down by 5 % which is a good sign. 2. GIFT Nifty is indicating a flat start for tomorrow. INDEX HEAVY WEIGHTS 1. HDFC Bank is looking bearish after 2 days of fall. However 1410 is still a good support. 2. ICICI Bank is looking very bullish.It has closed above 1052. 3. Reliance is still in the consolidating in the range of 2975 - 2910. Any break of 2975 will be bullish. ANALYSIS 1. Nifty has closed above 22200 in spot which is very bullish. 2. However Bank Nifty is still below 47000. We need to see how HDFC Bank behave tomorrow. If it remain range bound and ICICI Bank start trending, then we may trade Nifty rather than bank nifty. TRADING PLAN 1. NIFTY OPEN BETWEEN 22322 - 22110 : Buy any dip to 22100 - 22000. 2. NIFTY OPEN ABOVE 22310 : Wait for a dip to 22100 and break above 22310. 3. NIFTY OPEN BELOW 22100 : Wait for a consolidation and break below 22000. 4.BANK NIFTY OPEN BETWEEN 46755 - 47090: NO TRADE. High risk trade will be to wait for a consolidation between 46750 - 46950 and buy any break in the range above 46950 5.BANK NIFTY OPEN ABOVE 47090: Wait for a consolidation between 47000 and 47232 and break above 47250. 6.BANK NIFTY OPEN BELOW 46755 : Wait for a break below 46500 decisively. DISCLAIMER 1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADE TAKEN BY THE READER.
NSE:BANKNIFTY
by sam20051968
PRE MARKET ANALYSIS OF NIFTY AND BANK NIFTY FOR 22 FEB 202421 Feb 2024 WORLD MARKETS 1. US markets is consolidating with a positive bias. 2. Asian markets are bullish. 3. Europe is trading with a bearish bias. 4. Today is FOMC metting hence market is cautious. INDIA VIX AND GIFT NIFTY 1. India VIX is at 16 indicating uncertinity. 2. GIFT Nifty is indicating 79 points up tick at 22130. This amounts to 47200 for bank nifty. INDEX HEAVY WEIGHTS 1. HDFC Bank is still bullish with1410 as a good support. 1450 is a strong resistance. 2. ICICI Bank has strong resistance at 1060 and 1052. 1035 is a good support. 3. Reliance was very volatile and could not sustain above 2960 decisively. 2910 is again a strong support. ANALYSIS 1. There was a silent expiry of Bank nifty today . Bank Nifty traded between 47300 - 46950 which is a narrow range of 350 points. 2. However Nifty was brought down by tech stocks and Reliance which declined from day high to close at 2935. 3. Today is FOMC decision post mid night hence market is cautious. we may see a gap up or gap down tomorrow. TRADING PLAN 1.NIFTY OPEN BETWEEN 21985 -21125 : NO TRADE 2. NIFTY OPEN ABOVE 22125 : Wait for a consolidation between 22125 -22200 and buy above 22200 decisively. However any weakness at 22000 and break below 22100 is a sell. 3.NIFTY OPEN BELOW 21985: Wait for a consolidation and break above 22100. However any consolidation and break below 21900 is a sell. 4. BANK NIFTY OPEN BETWEEN 46890 - 47150: Any consolidation between 47000 - 47200 and break above 47300 is a buy. 5.BANK NIFTY OPEN ABOVE 47150 : Any consolidation between 47100 - 47300 and break above 47300 is a buy. 6. BANK NIFTY OPEN BELOW 46890: Any consolidation between 47150 - 46900 and break below 46900 is a sell. DISCLAIMER 1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADE TAKEN BY THE READER.
NSE:BANKNIFTY
by sam20051968
PRE MARKET ANALYSIS OF NIFTY AND BANK NIFTY FOR 21 FEB 202421 Feb 2024 WORLD MARKETS 1. US Markets is looking mixed. While the S&P and DJI is bullish NASDAQ which is a tech index is looking bearish. INDIA VIX AND GIFT NIFTY 1. India VIX is above 16. There is an increase in volatility with increase in indices. This is a bit discomforting. 2. GIFT Nifty is indicating a 43 point uptick at 22220 which is positive. 2. This amounts to 47200 for bank nifty. INDEX HEAVY WEIGHTS 1. HDFC Bank is extremely bullish. It has cleared 1450 decisively. Next resistance is at 1475. Any dip is a buy. 2. ICICI Bank is also bullish. It has resistance at 1058 - 1056. 3. Reliance is consolidating with a bullish bias. Any break of 2950 is resumption of bullish trend. ANALYSIS 1. HDFC Bank, ICICI Bank has turned bullish. Reliance is waitng for a break out above 2950. 2. Indices have turned buy on dips. 3. Better to avoid shorts. TRADING PLAN. 1.NIFTY OPEN BETWEEN 22240 - 21150 : Any dip to 22100 and move abovve 22150 is a buy. 2. NIFTY OPEN ABOVE 22240 : Wait for a consolidation between 22150 - 22200 and break above 22200. 3.NIFTY OPEN BELOW 22150 : Wait for a consolidation and break below 22100. 4.BANK NIFTY OPEN BETWEEN 47310 - 46870 : Any consolidation between 46850 - 47050 and break above 47100 is a buy. 5. BANK NIFTY OPEN ABOVE 47310 : Wait for a consolidation between 47030 - 47300 and break above 47300. 6. BANK NIFTY OPEN BELOW 46870 : Wait for a consolidation and break below 47670. DISCLAIMER 1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADE TAKEN BY THE READER.
NSE:BANKNIFTYLong
by sam20051968
PRE MARKET ANALYSIS OF NIFTY AND BANK NIFTY FOR 13 FEB 202413 FEB 2024 WORLD MARKETS 1. US and Europe is bullish. Asia is mixed. INDIA VIX AND GIFT NIFTY 1. India VIX has cleared above 16 indicating increased fear. 2. GIFT Nifty is indicating a 100 points uptick at 21700. This amounts to 45050 on bank nifty. INDEX HEAVY WEIGHTS 1. HDFC Bank is still bearish and has support at 1372. 1400 is a strong resistance. 2. ICICI Bank has strong resistance at 1000. 985 is a good support. 3. Reliance is looking over bought. ANALYSIS 1. Nifty is looking bearish with a tgt of 21500 which is a 50 SMA and 21300 which is 200 EMA. 2. 45000 is a strong resistance. Any break of 45500 is bearish. Tgt 44200 TRADING PLAN 1. NIFTY OPEN BETWEEN 21700 -21550 : Sell any rally to 21700 and formation of any reversal pattern. 2. NIFTY OPEN ABOVE 21700 : Wait for consolidation between 21700 - 21750 and a decisive break for a tgt of 21870. 3. NIFTY OPEN BELOW 21550 : Wait for a consolidation between 21600 - 21500 and a decisive break below 21500. Tgt 21400. 4.BANK NIFTY OPEN BETWEEN 44600 - 45200 : sell any rally to 45200 and break below 45000. 5. BANK NIFTY OPEN ABOVE 45180 : Wait for a consolidation between 45000 - 45200 and break above 45300 decisively. 6. BANK NIFTY OPEN BELOW 44580 : Wait for a consolidation and break below 44400 decisively. DISCLAIMER 1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADE TAKEN BY THE READER.
NSE:BANKNIFTYShort
by sam20051968
PRE MARKET ANALYSIS OF NIFTY AND BANK NIFTY FOR 06 FEB 202406 Feb 2024 WORLD MARKETS 1. World markets are consolidating with a negative bias. Presently US indices are trading in red. INDIA VIX AND GIFT NIFTY 1. India VIX has increased by 6 % to 15.6. This indicates increased volatility. 2. GIFT Nifty is indicating 35 points uptick at 21750 levels. This amounts to 45900 for bank nifty. INDEX HEAVY WEIGHTS 1. HDFC Bank is looking negative. But it has closed above 1440 which was yesterday's low. Any break of 1440 again will be bearish. 2. ICICI Bank on the other hand has made a hammer pattern. This indicates bullishness. 3. Reliance is again consolidating but could not break out. ANALYSIS 1. world markets are currently trading in red. 2. Nifty is consolidating with a positive bias and Bank nifty is consolidating with a negative bias. TRADING PLAN 1. NIFTY OPEN BETWEEN 21700 - 21835 : NO TRADE. 2.NIFTY OPEN ABOVE 21850 : Sell any consolidation and break below 21800. 3.NIFTY OPEN BELOW 21700 : Sell any rally to 21800 and break below 21680 decisively. 4. BANK NIFTY OPEN BETWEEN 45950 - 45700 : NO TRADE. 5. BANK NIFTY OPEN ABOVE 45950 : Wait for a consolidation and break above 46080. 6.BANK NIFTY OPEN BELOW 45700 : Wait for a consolidation and break below 45600. Sell any rally to 45700. DISCLAIMER 1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADE TAKEN BY THE READER.
NSE:BANKNIFTYShort
by sam20051968
PRE MARKET ANALYSIS OF NIFTY AND BANK NIFTY FOR 02 FEB 202402 FEB 2024 WORLD MARKETS 1. World Markets are consolidating with a positive bias. INDIA VIX AND GIFT NIFTY 1. India VIX has crashed 10 % indicating reduction in fear and hence crash in option premium. This is good for option sellers and not very good for option buyer. 2. GIFT Nifty is indicating 50 points uptick at 21750. This amounts to 46350 in bank nifty. INDEX HEAVY WEIGHTS 1.HDFC Bank has support at 1455 any break of which will be bearish. Any break of 1476 will be bullish. 2.ICICI BANK has support at 1020. Resistance is seen at 1034. It can turn bullish above 1035. 3. Reliance is consolidating with a bullish bias. ANALYSIS 1. All the events are over and there is no further volatility. This is indicated by the crash in VIX. 2. Banking Stocks in general have done well. HDFC Bank and ICICI bank are still consolidating with a neutral bias. 3. Overall Nifty is looking bullish on daily chart. Bank Nifty is still consolidating with a positive bias. It has strong resistance at 46700. TRADING PLAN 1. NIFTY OPEN BETWEEN 21640 -21740 : NO TRADE. 2. NIFTY OPEN ABOVE 21740 : Wait for a consolidation between 21700 and 21750 and breakout above 21750. Tgt 21870. 3. NIFTY OPEN BELOW 21650 : Wait for a consolidation and break below 21600. Tgt 21500. 4.BANK NIFTY OPEN BETWEEN 46370 - 46000 : NO TRADE 5. BANK NIFTY OPEN ABOVE 46370 : Wait for a consolidation and break above 46400. Tgt 46700. 6.BANK NIFTY OPEN BELOW 46000 : Wait for a break below 45800. DISCLAIMER 1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADE TAKEN BY THE READER.
NSE:BANKNIFTY
by sam20051968
PRE MARKET ANALYSIS OF NIFTY AND BANK NIFTY FOR 30 JAN 202430 JAN 2024 WORLD MARKETS 1. World Markets are looking positive. INDIA VIX AND GIFT NIFTY. 1. India VIX is up 13% at 15.3 indicating increased volatility. 2. GIFT Nifty is indicating 65 points uptick at 21780 .This amounts to 180 points uptick at 45700. INDEX HEAVY WEIGHTS 1. HDFC BANK is oversold but has resistance at 1465. Any move above 1470 is bullish. 2. ICICI Bank is choppy without any direction and have been used to manage the index. It is all over the place. However it is looking bullish as per MACD. 3. Reliance is up 7% which is a surprise up move for a large cap stock. ANALYSIS 1. World market is bullish. 2. Tomorrow or day after will be fed rate announcement. 3. Also Finance bill of 2024 will be on 01 feb 2024. TRADING PLAN 1. NIFTY OPEN BETWEEN 21830 - 21640 : Buy any dip to 21650. 2. NIFTY OPEN ABOVE 21830: Wait for a dip. 3. NIFTY OPEN BELOW 21650 : Buy any dip to 21550 and move above 21600. 4.BANK NIFTY OPEN BETWEEN 45600 - 45400 : No Trade. 5. BANK NIFTY OPEN ABOVE 45600 : Wait for a consolidation and break above 45750. Alternatively any consolidation can be bought into at lower levels. 6. BANK NIFTY OPEN BELOW 45300 : Buy any consolidation and move above 45500. DISCLAIMER 1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADE TAKEN BY THE READER.
NSE:BANKNIFTYLong
by sam20051968
PRE MARKET ANALYSIS OF NIFTY AND BANK NIFTY FOR 15 JAN 202415 Jan 2024 HELLO EVERYONE . SORRY I WAS ON A 10 DAY ROAD TRIP SO COULD NOT POST. WORLD MARKETS 1. US is consolidating with a bullish bias. 2. Europe is looking neutral with a bearish bias. 3. Asia is mixed. INDIA VIX AND GIFT NIFTY 1. India VIX is @13 indicating continuation in volatility. 2. GIFT Nifty is indicating. a muted start to the indices. INDEX HEAVY WEIGHTS 1. HDFC Bank is in a down trend for the past 7 days. 1621 is a good support. Any break of this may drag the stock to 1590 levels. 2. ICICI Bank on the other hand was in down trend and has consolidated and trying to make an up move. 1003 is still a strong resistance.Any break of this may give an up move till 1024 levels. 3. Reliance on the other hand is on a bull run and has gained 60 points in last three sessions. ANALYSIS 1. Result season has kicked in and today is Jio financial services result. So itwill have an impact on Nifty. 2. Tomorrow is HDFC Bank result. We may see some volatility in Bank Nifty Index today and tomorrow. 3. However both the indices are looking extremely bullish. TRADING PLAN 1. NIFTY OPEN BETWEEN 21952 AND 21835 : Buy any dip to 21775 levels and move above 21835. 2. NIFTY OPEN ABOVE 22011 : Buy any consolidation at 22000 levels and then a breakout. 22000 is a crucial level. Do not buy the first break out. 3.NIFTY OPEN BELOW 21775 : Wait for a move above 21835. 4. BANK NIFTY OPEN BETWEEN 47840 - 47575 : No Trade. 5. BANK NIFTY OPEN ABOVE 47843 : Wait for a consolidation and break above 47900 decisively with volume. 6. BANK NIFTY OPEN BELOW 47575. : Wait for a break below 47450 levels. DISCLAIMER 1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADE TAKEN BY THE READER.
NSE:BANKNIFTYLong
by sam20051968
PRE MARKET ANALYSIS FOR NIFTY AND BANK NIFTY FOR 09 JAN 202409 JAN 2023 WORLD MARKETS 1. World Markets are trading with a negative bias. INDIA VIX AND GIFT NIFTY 1. INDIA VIX has shot up 7% to 13.5 resulting in a 700 point down tick for Bank Nifty and 200 points downtick for Nifty. 2. GIFT Nifty is indicating a positive start of 60 points. INDEX HEAVY WEIGHTS 1. HDFC Bank is trading with a negative bias.1650 is a good support, any break of 1650 will be negative. 2. ICICI Bank is trading with a negative bias. 965 is a good support. 3. Reliance is consolidating with a positive bias. ANALYSIS 1. The fall is mainly due to all the banking stock cracking support levels and trading in negative. 2. This trend may continue for few more days. We may get some rally which can be sold into. TRADING PLAN. 1.BANK NIFTY OPEN BETWEEN 47665 - 47220 : Sell Any rally to 47665. 2. BANK NIFTY OPEN ABOVE 47665 : Wait for a break above 47850 - 47900 levels. 3. BANK NIFTY OPEN BELOW 47220 : Sell any rally to 47600 levels. 4. NIFTY OPEN BETWEEN 21587 - 21438 : Sell any rally to 21600. 5. NIFTY OPEN ABOVE 21600: Wait for. break above 21700. 6. NIFTY OPEN BELOW 21365 : Wait for a break below 21260. DISCLAIMER 1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADE TAKEN BY THE READER.
NSE:BANKNIFTYShort
by sam20051968
PRE MARKET ANALYSIS OF NIFTY AND BANK NIFTY FOR 03 JAN 202403 JAN 2024 WORLD MARKETS 1. S&P and NASDAQ has started with a gap down with a negative bias. 2. Europe is trading with a negative bias, while Asia is mixed. INDIA VIX AND GIFT NIFTY 1. India VIX is looking bullish which means we have more down side to market. 2. GIFT NIFTY is indicating a flat opening. INDEX HEAVY WEIGHTS 1. HDFC Bank has a strong sp at 1690. Any break of this decisively will be bearish for Nifty and Bank Nifty. 2. ICICI Bank has strong resistance at 993 any consolidation and move below it will be bearish. However if 995 sustain, then Indices may become bullish. 3. Reliance is looking very bullish. ANALYSIS 1. Nifty is consolidating and holding only because of Reliance and HDFC bank. 2. Bank Nifty on the other hand has decisively broken 48000. Now 47900 is a strong resistance. TRADING PLAN 1. NIFTY OPEN BETWEEN 21600 -21721: No trade. 2. NIFTY OPEN ABOVE 21721 : Wait for a consolidation and break below 21650. 3.NIFTY OPEN BELOW 21600 : Sell Any rally to 21650. 4.BANK NIFTY OPEN BETWEEN 47900 - 47600 :Sell any rally to 48000 and break below 47900. 5. BANK NIFTY OPEN ABOVE 47900 : Sell Any rally to 48000 and break below 47900. 6. BANK NIFTY OPEN BELOW 47600 : Sell any raslly to 47700. DISCLAIMER 1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADE TAKEN BY THE READER.
NSE:BANKNIFTYShort
by sam20051968
PRE MARKET ANALYSIS FO NIFTY AND BANK NIFTY FOR 28 DEC 202328 DEC 2023 WORLD MARKETS 1. World markets are looking bullish. It seems the world markets is in a bull run before the end of 2023. INDIA VIX AND GIFT NIFTY 1. India VIX is at a high almost reaching 16. This is very high. We may see some retracement and it means a downside in the market. 2. GIFT Nifty indicates a 37 points up tick at 21685. This amounts to 48300 levels for bank nifty. INDEX HEAVY WEIGHTS 1. HDFC Bank is bullish. It is almost hitting all time high. 2. ICICI Bank has taken support at 200 EMA and daily chart and has turned bullish. 3. Reliance is again trying to break the all time high. ANALYSIS 1. All the indices are looking bullish but they are over stretched. 2. Nifty and Bank Nifty is bullish and all index heavy weights are looking bullish. TRADING PLAN 1. NIFTY OPEN BETWEEN 21700 -21600 : Buy any dip to 21600 . 2. NIFTY OPEN ABOVE 21700 : Buy any dip to 21600. 3. NIFTY OPEN BELOW 21600 : Sell ay consolidation and break below 21550. 4. BANK NIFTY OPEN BETWEEN 48433 - 48134 : Buy any dip to 48134. 5. BANK NIFTY OPEN ABOVE 48431 : Wait for a dip before buying. The dip can be till 48300 levels. 6. BANK NIFTY OPEN BELOW 48134 : Sell any consolidation and break below 48000. DISCLAIMER 1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADE TAKEN BY THE READER.
NSE:BANKNIFTYLong
by sam20051968
PRE MARKET ANALYSIS FOR NIFTY AND BANK NIFTY26 DEC 2023 WISHING A MERRY CHRISTMAS TO ALL. WORLD MARKETS 1. All the world markets are looking bullish but are consolidating with a bullish bias. INDIA VIX AND GIFT NIFTY 1. India VIX is at 13.7 which is down from 14.3 levels. 2. GIFT Nifty is indicating a flat opening. INDEX HEAVY WEIGHTS 1. HDFC Bank has made an inside candle which indicates indecision/ consolidation with a bullish bias. 2. ICICI Bank has retraced upto 200 EMA on daily chart . It has support at 977- 982 levels. 3. Reliance is consolidating for the past five days and it is looking bullish. ANALYSIS 1. Indices have retraced to around 23.8 %. We may see some consolidation before a directional move can be expected. 2. Also due to long week end and New year, the indices may not react much and volumes may be low. 3. So better to trade cautiously. 4. 21000 seems to be a good sp for Nifty and 46900 the recent low seems to be the support for bank nifty. TRADING PLAN 1.NIFTY OPEN BETWEEN 21300 - 21400 : Buy any dip to 21300 and move above 21325. 2.NIFTY OPEN ABOVE 21400 : Buy any dip to 21350. 3.NIFTY OPEN BELOW 21300 : Sell a consolidation and break below 21265. 4.BANK NIFTY OPEN BETWEEN 47300 - 47700 : Sell any rally to 47700 and break below 47650. 5. BANK NIFTY OPEN ABOVE 47700 : Buy any consolidation above 47700. SL 47600. 6. BANK NIFTY OPEN BELOW 47300 : Sell Any rally to 47500. DISCLAIMER 1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADE TAKEN BY THE READER.
NSE:BANKNIFTY
by sam20051968
PRE MARKET ANALYSIS FOR NIFTY AND BANK NIFTY FOR 06 DEC 202306 DEC 2023 WORLD MARKETS. 1. World Markets are looking extremely over bought. INDIA VIX AND GIFT NIFTY. 1. India VIX is above 200 SMA. Any increase in VIX may result in a consolidation and pull back of indices. 2. GIFT Nifty is indicating a flat opening. INDEX HEAVY WEIGHTS. 1. HDFC Bank is extremely over bought. We may see some pull back to 1580 levels which is a very good support. 2. ICICI Bank has broken all time high. So it is looking very bullish. It has still some steam left. 3. Reliance is bullish but is consolidating. Buy on Dips will be a good idea. ANALYSIS 1. Indices are extremly over bought. Nifty has risen 600 points whereas the Bank nifty has risen almost 1800 points in two days. 2. I will be very careful going long but going short is not a good idea. It is better to wait for a pull back and then buy on dips. TRADING PLAN 1.NIFTY OPEN BETWEEN 20900 - 20800 : Buy any dip to 20770 levels. 2.NIFTY OPEN ABOVE 20900 : Wait for a consolidation and break out above 20950. 3. NIFTY OPEN BELOW 20800 : Wait for a consolidation and break below 20750. 4. BANK NIFTY OPEN BETWEEN 46855 - 47170 : Wait for a break out above 47170. 5.BANK NIFTY OPEN ABOVE 47170 : Buy any consolidation at 47000 - 47100 and break out above 47170. 6. BANK NIFTY OPEN BELOW 46855 : Wait for a consolidation and break down below 46650. DISCLAIMER 1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADE TAKEN BY THE READER.
NSE:BANKNIFTY
by sam20051968
PRE MARKET ANALYSIS FOR NIFTY AND BANK NIFTY FOR 05 DEC 202305 Dec 2023 WORLD MARKETS 1. All the World Markets are looking bullish and positive. 2. However Nikkei has turned negative for the short term. INDIA VIX AND GIFT NIFTY 1. India VIX has reached 13 which is important. Any reversal in the VIX in Future will result into a bull run for the market. 2. GIFT Nifty is indicating 56 points uptick at 20720 levels. This amounts to 46550 levels for Bank Nifty. INDEX HEAVY WEIGHTS 1. HDFC Bank is at crucial 1603 Mark which is 200 SMA. I feel that there will be some consolidation at this level before it moves higher. 1573 is a very good sp. 2. ICICI Bank is looking at all time high of 1009. 3. Reliance is above 2415 which is a very good sp. ANALYSIS 1. The RBI rate cycle is peaking out. Similarly the US Fed is also Talking of peaking out in Interest Rate. 2. The RBI in the up coming RBI Meet may keep the Repo rate constant since inflation tgt has not reached the RBI comfort zone. 3. With the election results which has come, the market may see the present govt at centre may come back indicating stability and continuation of govt economic policy. 3. This is a good time to start investing in GOOD STOCKS. 4. However index may pull back in very short term which is quite normal. But Market has turned bullish. 5. It is better to wait for a pull back before going long in indices. TRADING PLAN 1. NIFTY OPEN BETWEEN 20635 - 20745 : Any dip to 20600 is a Buy. 2.NIFTY OPEN ABOVE 20750 : Wait for a consolidation between 20700 - 20750 for a break out. 3.NIFTY OPEN BELOW 20635 : Wait for a consolidation and break below 20500. 4.BANK NIFTY OPEN BETWEEN 46160 - 46700 : Buy any dip to 46060 - 46100. 5.BANK NIFTY OPEN ABOVE 46700: Wait for a consolidation between 46400 - 46700 and break above 46720. Also Any dip to 46300 and move 46400 is a buy. 6. BANK NIFTY OPEN BELOW 46135 : Wait for a consolidation and break below 45700. DISCLAIMER 1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADE TAKEN BY THE READER.
NSE:BANKNIFTYLong
by sam20051968
PRE MARKET ANALYSIS FOR NIFTY AND BANK NIFTY FOR 30 NOV 202330 Nov 2023 WORLD MARKETS 1. US and Europe are looking bullish but over bought. Asia is looking bullish. INDIA VIX AND GIFT NIFTY 1. India VIX is nearing 13 indicating increase in euphoria. It is time to be cautious. 2. GIFT Nifty is indicating a flat opening. This is expected after a 200 point move in Nifty. INDEX HEAVY WEIGHTS 1.HDFC Bank has resistance at 1571 level which is 200 EMA. Good sp is seen at 1540 levels. 2. ICICI Bank has turned bullish. It has good sp at 930 and resistance can be seen at 950 levels. 3. Reliance is above 200 EMA and is looking bullish. ANALYSIS 1. After 200 points move in Nifty and 700 points move in bank nifty, we may see some consolidation and choppiness. 2. ICICI Bank and Reliance is looking bullish. So it is better to trade individual stocks than Indices. 3. As far as indices are concerned, Buy on dips will be a good strategy. Patiently wait for a dip. Nifty has broken above 20000 and Bank Nifty above 44200 levels. TRADINGPLAN 1.NIFTY OPEN BETWEEN 20135 - 20050 : Any dip to 20000 is a buy. 2. NIFTY OPEN ABOVE 20135 : Wait for a consolidation and break above 20180. 3.NIFTY OPEN BELOW 20050 : Sell Any consolidation and break below 19950. 4.BANK NIFTY OPEN BETWEEN 44735 - 44400 : Buy any dip to 44300 and move above 44400. 5.BANK NIFTY OPEN ABOVE 44735 : Buy any dip to 44400. 6.BANK NIFTY OPEN BELOW 44400 : Sell any consolidation and break below 44200. DISCLAIMER 1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADE TAKEN BY THE READER.
NSE:BANKNIFTY
by sam20051968
PRE MARKET ANALYSIS FOR NIFTY AND BANK NIFTY FOR 10 NOV 202310 Nov 2023 WORLD MARKETS 1. US Markets are consolidating with a negative bias. 2. Europe and Asia is very choppy with a negative bias. INDIA VIX AND GIFT NIFTY 1. India VIX is below 11 indicating decrease in volatility. Hence markets are rangebound. 2. GIFT Nify is indicating a flat opening. INDEX HEAVY WEIGHTS 1. HDFC Bank is consolidating with a negative bias. 1503 is still a strong resistance. 1475 is a strong support. 2. ICICI Bank is choppy between 950 - 930. Any break of these levels will give directional move to ICICI Bank. 3. Reliance has resistance at 2330 and support at 2290. Any break of these levels will give directional move to Nifty. TRADING PLAN 1. NIFTY OPEN BETWEEN 19370 -19420 : Sell Any rally to 19450 and fall below 19400. 2. NIFTY OPEN ABOVE 19420 : Consolidation and any break above 19450 is a buy. 3. NIFTY OPEN BELOW 19370 : Sell Any rally to 19400 or any break below 19370 is a sell. 4.BANK NIFTY OPEN BETWEEN 43590 -43780 : Any dip to 43590 and move above 43700 is a buy. 5.BANK NIFTY OPEN ABOVE 43780 : Any break above 44020 is a buy. Sell Any rally to 44000 and break below 43900. 6. BANK NIFTY OPEN BELOW 43590. : Sell Any rally to 43700 and break below 43590. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADETAKEN BY THE READER.
NSE:BANKNIFTY
by sam20051968
PRE MARKET ANALYSIS FOR NIFTY AND BANK NIFTY FOR 19 OCT 202319 OCT 2023 WORLD MARKETS 1. US markets are looking bearish and all indices are trading in red. 2. Europe has closed 1 % down. Asia is mixed. INDIA VIX AND GIFT NIFTY 1. India VIX has increased due to isreal conflict. 2. GIFT Nifty is indicating 65 points down tick at @ 19620. This amounts to 200 points down tick at 43700 for Bank Nifty. INDEX HEAVY WEIGHTS 1. HDFC Bank was trading in a range between 1542 - 1513. 1500 is a good sp, if it break this next tgt is 1495. 1526 is a strong resistance. Bullish bet can be taken above 1555. 2. ICICI Bank: 940 is a strong sp. Any break of 935 is bearish. 955 is a strong resistance. 3. Relaince has strong sp at 2314. 2340 is a strong resistance. Any break above 2370 is bullish. ANALYSIS 1. Market is getting affected due to Isreal conflict escalating. This may have effect on Crude oil prices. This will have rippling effect on inflation. TRADING PLAN 1. NIFTY OPEN BETWEEN 19718 -19620: Sell any rally to 19750. 2. NIFTY OPEN ABOVE 19718: Wait for a break out above 19850. 3. NIFTY OPEN BELOW 19620 : Sell any rally to 19650 and break below 19600. 4.BANK NIFTY OPEN BETWEEN 44050 - 43750 : Sell any rally to 44200 and break below 44050. 5. BANK NIFTY OPEN ABOVE 44050: Wait for a break above 44200. 6. BANK NIFTY OPEN BELOW 43750: Sell any rally to 43900. Any break below 43600 can be sold into. DISCLAIMER I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGISTERED FINANCIAL ADVISOR FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLD NO LIABILITY FOR ANY TRADE TAKEN BY THE READER.
NSE:BANKNIFTYShort
by sam20051968
PRE MARKET ANALYSIS OF NIFTY AND BANK NIFTY FOR 18 OCT 202318 Oct 2023 WORLD MARKETS 1. US has become choppy with a bullish bias. 2. Asia and Europe is mixed. INDIA VIX AND GIFT NIFTY 1. India VIX is below 11 and GIFT Nifty is indicating flat opening. INDEX HEAVY WEIGHTS 1. HDFC Bank is looking bullish. It can turn bullish above 1552 decisively.1532 is a strong sp. It may remain range bound tomorrow. Any move below 1529 is bearish. 2. ICICI Bank has strong sp at 952. It can turn bullish above 960. 3. Relaince will be bullish above 2361. Any move below 2345 is bearish. ANALYSIS 1. Gap down and Gap up has become a norm. 2. Daily expiry on Mon, Tue, wed and Thu has resulted in gap up and gap dn with a rangebound move the whole day. 3. This will be a difficult market for intraday traders. This may have been done to minimise speculative trading. Patience is the key to trade this market. It is better to avoid trading if markets gap open 200 - 300 points in Nifty and 100 points in bank nifty. TRADING PLAN 1.NIFTY OPEN BETWEEN 19832 -19790: Any dip to 19790 is a buy. 2. NIFTY OPEN ABOVE 19832: Wait for a break out above 19850 3.NIFTY OPEN BELOW 19790 : Any move above 19800 is a buy. Any breakdown below 19730 is a sell. 4. BANK NIFTY OPEN BETWEEN 44482 - 44344: Buy any dip to 44350. 5.BANK NIFTY OPEN ABOVE 44482: Wait for a break out above 44575. 6. BANK NIFTY OPEN BELOW 44344: Wait for a break below 44270 levels. DISCLAIMER. 1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR EGISTERED FINANCIAL ADVISOR FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLD NO LIABLITY FOR ANY TRADE TAKEN BY THE READER.
NSE:BANKNIFTYLong
by sam20051968