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PRE MARKET ANALYSIS OF NIFTY AND BANK NIFTY FOR 23 MAY 202423 May 2024 WORLD MARKETS 1. US is looking bullish. Europe is mixed while Asia is trading with a negative bias. INDIA VIX AND GIFT NIFTY 1. India VIX is still above 21 indicating more volatility in option prices. 2. GIFT Nifty is indicating a negative opening a 40 points downtick @ 22550 levels. This amounts to 47880 for Bank Nifty. INDEX HEAVY WEIGHTS 1. HDFC Bank is trading with a negative bias and 1464 is still a strong resistance. 2. ICICI Bank has turned negative and has resistance at 1118 level. 3. Reliance has turned bullish. However 2910 is a very strong resistance. ANALYSIS 1. Indices are consolidating with a very high volatility. 2. Nifty is looking bullish due to Reliance but Banks are dragging down nifty and hence is range bound between 22500 - 22600. 2. Bank Nifty on the other hand is trading with a negative bias. 47800 is still a strong resistance. TRADING PLAN 1. NIFTY OPEN BETWEEN 22555 -22635 :Any dip to 22555 is a buy. NIFTY OPEN BELOW 22555 : Any consolidation between 22500- 22555 and break out above 22570 is a buy. 3.NIFTY OPEN ABOVE 22635 : Wait for a dip to 22555 for buying. 4. BANK NIFTY OPEN BETWEEN 47950 - 47600 : No trade. 5.BANK NIFTY OPEN ABOVE 47950: Buy any consolidation and break above 48160. 6.BANK NIFTY OPEN BELOW 47600 : Sell any rally to 47800. 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 14 MAY 202414 May 2024 WORLD MARKETS 1. World Markets are looking bullish. INDIA VIX AND GIFT NIFTY 1. India VIX is above 20 indicating a very high volatility. 2. GIFT Nifty is indicating 80 point uptick at 22180 . This amounts tp 48000 in Bank nifty. INDEX HEAVY WEIGHTS 1. HDFC Bank as expected pulled back from 1420 levels. 1464 is a strong resistance. Any move above 1465 is bullish. 2. ICICI Bank has support at 1120. It has resistance at 1140. 3. Reliance has resistance at 2830. TRADING PLAN 1. NIFTY OPEN BETWEEN 22020 - 22185: Any dip to 22050 and move above 22140 is bullish. 2. NIFTY OPEN ABOVE 22104 : Wait for a break above 22200 decisively. However any dip to 22140 is a buy. If after consolidation if the break happen below 22100, then it is a sell. NIFTY OPEN BELOW 22000: Sell any rally to 22100 and break below 22000. 4.BANK NIFTY OPEN BETWEEN 47500 - 47990: Any dip to 47600 and move above 47850 is a buy.5.BANK NIFTY OPEN ABOVE 48000: Any dip to 47800 is a buy. 6. BANK NIFTY OPEN BELOW 47500 : Sell any rally to 47750. 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 14 MAY 202414 May 2024 WORLD MARKETS 1. World Markets are looking bullish. INDIA VIX AND GIFT NIFTY 1. India VIX is above 20 indicating a very high volatility. 2. GIFT Nifty is indicating 80 point uptick at 22180 . This amounts tp 48000 in Bank nifty. INDEX HEAVY WEIGHTS 1. HDFC Bank as expected pulled back from 1420 levels. 1464 is a strong resistance. Any move above 1465 is bullish. 2. ICICI Bank has support at 1120. It has resistance at 1140. 3. Reliance has resistance at 2830. TRADING PLAN 1. NIFTY OPEN BETWEEN 22020 - 22185: Any dip to 22050 and move above 22140 is bullish. 2. NIFTY OPEN ABOVE 22104 : Wait for a break above 22200 decisively. However any dip to 22140 is a buy. If after consolidation if the break happen below 22100, then it is a sell. NIFTY OPEN BELOW 22000: Sell any rally to 22100 and break below 22000. 4.BANK NIFTY OPEN BETWEEN 47500 - 47990: Any dip to 47600 and move above 47850 is a buy. 5.BANK NIFTY OPEN ABOVE 48000: Any dip to 47800 is a buy. 6. BANK NIFTY OPEN BELOW 47500 : Sell any rally to 47750. 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 13 MAY 202413 MAY 2024 WORLD MARKETS 1. US and Europe are looking bullish while Asia is mixed. INDIA VIX AND GIFT NIFTY 1. India VIX is @18.5 indicating high volatility. we may see a consolidation for a day or two with a negative bias. 2. GIFT Nifty is indicating a 73 points down tick at 22000. This amounts to 47200 for bank nifty. INDEX HEAVY WEIGHTS 1. HDFC Bank looks oversold in 1 Hour chart. So a move towards 1460 cannot be ruled out. However 1430 seems to be a good support. 2.ICICI Bank has pulled back to 21 SMA . 1090 is a good support whereas 1116 - 1122 is a strong resistance. 3. reliance is bearish and it has resistance at 2830 levels. ANALYSIS 1. Nifty is trying to hold onto 22000 - 21900 whereas Bank Nifty is getting support at 48200 levels. Any break of these levels will give a good risk reward ratio on downside. Till that time, Nifty can move between 22400 - 22000 and Bank Nifty 48750 - 48250 levels. TRADING PLAN 1. NIFTY OPEN BETWEEN 22100 - 22000 : No trade. 2. NIFTY OPEN ABOVE 22100 : Wait for a consolidation and break above 22160 3.NIFTY OPEN BELOW 22000: Wait for a break below 21900. 4.BANK NIFTY OPEN BETWEEN 47600 - 47250 : NO TRADE. 5.BANK NIFTY OPEN ABOVE 47600: Buy any break out above 47850. However any weakness at 47850 and break below 47600 is a sell. Target 47200. 6.BANK NIFTY OPEN BELOW 47250: Sell any rally to 47550. 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 10 MAY 202410 MAY 2024 WORLD MARKETS 1. All the world markets are looking bullish. INDIA VIX AND GIFT NIFTY 1. INDIA VIX is increasing everyday, indicating more bearishness. 2. GIFT Nifty is indicating a 50 points uptick at 22050 .This amounts to 47600 for Bank Nifty. INDEX HEAVY WEIGHTS 1. HDFC Bank has reached a good support level of 1440 - 1420. So we may see some bounce back. 2. ICICI Bank has strong resistance at 1117. It has good support at 1090. 3. Reliance is bearish and has support at 2740. ANALYSIS 1. The election is making the markets jittery. So this volatility will remain till June 04. 2. So idea is to make best use of it. High volatility also increases option premium and a good entry and exit will definitely benefit. But do not go more than two bars. Book profit after 2 nd bar. 3. Nifty has good support at 21800. 4. Bank nifty has support at 47000. 5. We may opt for sell on rally. TRADING PLAN 1. NIFTY OPEN BETWEEN 21850 - 22062 : Sell Any rally to 22100 and break below 22000. 2. NIFTY OPEN ABOVE 22062: Wait for a consolidation and break above 22250. However any weakness at 22100 and break below 22000 is a sell. 3.NIFTY OPEN BELOW 21850 :we may expect a pull back to 22000. 4.BANK NIFTY OPEN BETWEEN 47270 - 47730 : Sell any rally to 47700 and break below 47500. 5. BANK NIFTY OPEN ABOVE 47730 : Wait for a break above 48000. However any weakness at 48000 and break below 47700 is a sell. 6. BANK NIFTY OPEN BELOW 47270 : Sell any rally to 47400 - 47500. Tgt 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:BANKNIFTYShort
by sam20051968
PRE MARKET ANALYSIS OF NIFTY AND BANK NIFTY FOR 28 APR 202429 APR 2024 WORLD MARKETS 1. US markets are consolidating with a negative bias. 2. Europe and Asia is consolidating with a positive bias. INDIA VIX AND GIFT NIFTY 1. INDIA VIX is below 11. GIFT Nifty is indicating a 75 points uptick at 22490. This amounts to 48400 for Bank Nifty. INDEX HEAVY WEIGHTS 1. HDFC Bank is consolidating with a positive bias. It has support at 1500. 1516 still remains a strong resistance. 2. ICICI Bank is very bullish. It has come up with very good result. But it has moved up quite a bit. 1100 remain a strong support. 3. Reliance is consolidating with a positive bias. 2880 remains a strong support. ANALYSIS 1. Indices have become very random and volatile. even though the trend is up, but the pull back are so violent that it has become difficult to hold on to intra day trades as stop loss are being hit frequently in spite of low VIX at 11. PLEASE TRADE WITH VERY LESS LOTS. TRADING PLAN 1. NIFTY OPEN BETWEEN 22360 - 22480 : no trade. 2.NIFTY OPEN ABOVE 22480: Wait for a consolidation and break above 22530 levels. 3. NIFTY OPEN BELOW 22360 : Buy any consolidation and break above 22400. Any weakness at 48300 can be sold into. 4. BANK NIFTY OPEN BETWEEN 48050 - 48375: NO TRADE. 5. BANK NIFTY OPEN ABOVE 48375 : Wait for a consolidation and break above 48500. However if the Bank Nifty after consolidation break below 48300, it will be a sell. 6. BANK NIFTY OPEN BELOW 48033: Sell any rally to 48300. However if it consolidate and break below 47930, then it will be a sell. Tgt 47600. 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 23 APR 202423 APR 2024 WORLD MARKETS 1. US markets are still bearish. Europe has pulled back and consolidating at 50 EMA while Asia is looking positive. INDIA VIX AND GIFT NIFTY. 1. India VIX today crashed 5.63% after facing resistance at 14 as explained. So we saw some bullish move today at the end of the session. One could have held on to their long position, but due to market uncertainty, I usually wait for a set up next morning and forgo the over night moves. 2. GIFT Nifty is indicating a flat opening for tomorrow. INDEX HEAVY WEIGHTS 1. HDFC Bank opened gap up but took resistance at 200 SMA and was down 1,25%. It has support at 1500, while 1522 is a resistance. If it sustain above 1522, again we can see a rally to 1550 levels. 2. ICICI Bank sustained above 1075 and closed at 1085. Again 1095 remains a strong resistance. 3. Reliance has come up with good result so It may gap open taking Nifty along with it. Have to see if there is going to be profit booking like HDFC Bank post result. ANALYSIS 1. We had discussed that indices shall remain positive. 2. Bank Nifty could have crossed 48000, but as you can see ICICI Bank and HDFC Bank moved in opposite direction through out the day till 1450 Hrs. So the rally in Bank Nifty was capped. BIG PLAYERS Managing Index. 3. Indices are bullish. Let us hope Bank nifty will see 48500 tomorrow. TRADING PLAN. 1. NIFTY OPEN BETWEEN 22290 - 22385 : Buy any dip to 22300. 2.NIFTY OPEN ABOVE 22390 : Buy any dip to 22300- 22320. 3.NIFTY OPEN BELOW 22290: Buy any consolidation and move above 22320. Sell any consolidation and move below 22200. 4.BANK NIFTY OPEN BETWEEN 48062 - 47780 : Buy any consolidation and move above 48100. 25.BANK NIFTY OPEN ABOVE 48070: Buy any dip to 48800 and move above 48100. However can accumulate at lower level. 6.BANK NIFTY OPEN BELOW 47780: Sell any consolidation and break below 48500. Buy any consolidation and move above 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 OF NIFTY AND BANK NIFTY FOR 16 FEB 202416 APR 2024 WORLD MARKETS 1. All the world markets are trading with a negative bias. So we cannot expect too much support from World markets. But as of now US markets are trading in positive. INDIA VIX AND GIFT NIFTY 1. INDIA VIX is above 12 indicating more downside risk. We can expect VIX to go upto 14. 2. We can expect a downside of another 1000 points in Bank Nifty and 250 points in Nifty. INDEX HEAVY WEIGHTS 1. HDFC Bank has turned very negative. 1502 is a very strong resistance. If it decisively breaks 1495, we can see 1475 as the next target. 2.ICICI Bank is back in the range of 1075 - 1110. If It breaks 1072 decisively, then we can expect 1060. 3. Reliance was the only stock which prevented the fall of Nifty. It was however all over the place and did not give an opportunity for the bears to reach 22200. IT twins were down 1.5 % each. ANALYSIS 1. World Markets are negative but not bearish. 2. Index heavy weights have turned bearish. 3. However after a fall of 800 points in Bank nifty and 250 in Nifty we may expect a pull back tomorrow. But Any pull back to 22430 will be a sell in nifty and 48100 in bank nifty. TRADING PLAN 1. NIFTY OPEN BETWEEN 22318 - 22225 : Sell any rally to 22400 levels. Patiently wait. 2. NIFTY OPEN ABOVE 22318 : Sell any rally to 22430 and break below 22350. 3. NIFTY OPEN BELOW 22225 : Buy any move above 22300. 4.BANK NIFTY OPEN BETWEEN 47923 - 47625 : Sell any rally to 48100 and break below 47900. 5.BANK NIFTY OPEN ABOVE 47927 : Buy any consolidation and move above 48100. 6. BANK NIFTY OPEN BELOW 47620 : Any consolidation and move above 47750 is a buy tgt 48050. 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 12 APR 202412 APR 2024 WORLD MARKETS 1. World markets have turned negative. 2. US markets have turned slightly bearish. May be profit booking. 3. However Asia and Europe has also turned slightly bearish. INDIA VIX AND GIFT NIFTY 1. INDIA VIX is at it lowest at 11. Usually there will be a spike if it stays down for too long. 2. GIFT Nifty is indicating 62 points uptick at 22800. This amounts to 49200 for Bank Nifty. Last two three days any gap up has been sold into and then there will be consolidation and break out in the end of the day. INDEX HEAVY WEIGHTS 1. HDFC Bank is heading for 1520 which is a very good support. 2. ICICI Bank on the other hand is getting support at 1110. Any decisive break of 1110 will be bearish for short term for ICICI Bank as it will be back in the range of 1077 - 1110. 3. Reliance is clearly very choppy. It has no direction. ANALYSIS 1. US headline Inflation has come very bad and hopes of Interest rate cut has died down. So US markets has reacted to the same. 2. Uday Kotak Ex CEO of Kotak Bank has tweeted that we may see turbulence in world markets. 3. However Indian Indices are at all time high and looking very bullish on daily charts. Nifty may head towards 23160 levels if it decisively break 22775. Similarly Bank Nifty is looking at 49500 levels. Given that HDFC & ICICI Bank are bullish, we may get this target in this month only BUT WITH LOT OF VOLATILITY. 3.Third week of march the result season starts. So also first phase of election and exit polls. TRADING PLAN 1. NIFTY OPEN BETWEEN 22780 - 22720 : No Trade. 2. NIFTY OPEN ABOVE 222780 : Any dip to 22700 can be accumulated with strict stop loss. However buying can happen only above 22780 decisively. 3.NIFTY OPEN BELOW 22720: Wait for a consolidation and break below 22650. However short can be accumulated at repeated rejection at 22750. SL 22780. 4.BANK NIFTY OPEN BETWEEN 49100 - 48880: Any dip to 48800 and move above 48880 is an accumulation zone SL 48750. 5.BANK NIFTY OPEN ABOVE 49100: Any dip to 48900 is a buy. 6.BANK NIFTY OPEN BELOW 48880 : Any consolidation and break below 48750 is a sell but sell all rally to 48900. 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 09 APR 202408 Apr 2024 WORLD MARKETS 1. All the world Markets are consolidating with a negative bias. INDIA VIX AND GIFT NIFTY 1. India VIX is up 2.5% at 11.6. However it is till below 12. 2. GIFT Nifty is indicating 70 points uptick at 22730. This amounts to 48800 for Bank nifty. INDEX HEAVY WEIGHTS 1. HDFC Bank has 1560 still as a strong resistance. 2. ICICI bank still has strong resistance at 1090. 3. Reliance has turned bullish and back in the range. 3025 is a strong resistance. 4. Tech stocks are consolidating with a negative bias. EVENTS 1. There is Inflation expectations of march to be declared in US. ANALYSIS 1. As expected Bank Nifty took a breather today due to HDFC Bank facing resistance at 1560. 2. However Nifty is up 172 points at 22666. 3. Indices are bullish and buy on dips will be a good strategy. TRADING PLAN 1. NIFTY OPEN BETWEEN 22620 - 22705 : Any dip to 22620 is a buy. 2. NIFTY OPEN ABOVE 22705 : Any dip to 22650 is a buy. 3.NIFTY OPEN BELOW 22620: Any move above 22670 is a buy. 4.BANK NIFTY OPEN BETWEEN 48500 - 48666 : Any dip to 48550 is a buy. 5.BANK NIFTY OPEN ABOVE 48670 : Any consolidation and break above 22750 is a buy. Any dip to 22580 is a buy. 6.BANK NIFTY OPEN BELOW 48500 : Any consolidation and move above 48600 is a buy. DISCLAIMER 1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGISTERED 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 05 APR 202405 APR 2024 WORLD MARKETS 1. World markets are consolidating with a bullish bias. 2. Where as it seems Indian Markets are in its own trend ignoring world markets. INDIA VIX AND GIFT NIFTY 1. India VIX is down at 11 which is good for a bull market. But due to low volatility Nos VIX may spike in between to bring down the market to mean. 2. GIFT Nifty is indicating 50 points uptick at 22550 levels. This amounts to 48300 levels for bank nifty. INDEX HEAVY WEIGHTS 1. HDFC Bank has turned extremely bullish. It is aiming 1560 with a support at 1520. 2. ICICI Bank is consolidating with violent moves. ICICI Bank move was clearly Index management or else Bank Nifty would have shot up another 300 points. It is difficult to assign support and resistance when there are huge lower or upper tails in the candle. 3. Reliance is bearish. It has taken support at 2920 level. 4. It is the TCS which compensated for reliance which is up 1.4 %. ANALYSIS 1. welcome to bull market. 2. Market tend to be very volatile with frequent mean reversion. So ideal strategy will be to wait for a dip before going long and avoid chasing bull run. TRADING PLAN 1.NIFTY OPEN BETEEN 22602 - 22420 : Buy any dip to 22400. 2. NIFTY OPEN ABOVE 22602: Wait for a dip to 22500 levels. 3.NIFTY OPEN BELOW 22420: Accumulate all the dips in small qty. SL 22300. Aggressive buying only above 22500. 4.BANK NIFTY OPEN BETWEEN 48200 - 47900: Any dip to 47900 is a buy. 2.BANK NIFTY OPEN ABOVE 48200 : Wait for a dip to 48000. 6.BANK NIFTY OPEN BELOW 47900 : Any dip to 47800 and move above 47900 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 03 APR 202403 APR 2024 WORLD MARKETS 1. US markets are down 1 - 1.5%. Europe is also down by 1.5 % while Asia is mixed. INDIA VIX AND GIFT NIFTY 1. INDIA VIX is below 12. It is almost reaching the support zone of 11. we may see a reversal. 2. GIFT Nifty is indicating a 100 point downtick at 22353. This amounts to 47250 for Bank Nifty. INDEX HEAVY WEIGHTS 1. HDFC Bank is looking bullish. But it is facing resistance at 1487. 2. ICICI Bank has made a big red candle. It has support at 1070. 3. Reliance is looking bullish.It is facing resistance at 2990. ANALYSIS 1. World markets are down by 1.5 %. 2. ICICI Bank is in profit booking mode. So is reliance. It is consolidating with a positive bias. 3. Indices may be facing profit booking and hence is consolidating in a narrow range. TRADING PLAN 1.NIFTY OPEN BETWEEN 22420 - 22485: No trade. 2.NIFTY OPEN ABOVE 22485: Wait for a consolidation and break above 22530. 3. NIFTY OPEN BELOW 22420: Wait for a consolidation and break below 22365. 4.BANK NIFTY OPEN BETWEEN 47627 - 47463 : NO TRADE. 5.BANK NIFTY OPEN ABOVE 47627: Wait for a consolidation and break above 47710. 6.BANK NIFTY OPEN BELOW 47463: Wait for a break below 47350. 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 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