Get started

Search in ideas for "gift nifty"

PRE MARKT ANALYSIS OF NIFTY AND BANK NIFTY FOR 19 MARCH 202419 MAR 2024 WORLD MARKETS 1. US is trading with a gain of 1-1.5 %. 2. Europe and Asia is bullish. INDIA VIX AND GIFT NIFTY 1. India VIX is below 15 indicating bullishness. 2. GIFT Nifty is indicating 30 points downtick which is a flat opening. INDEX HEAVY WEIGHTS. 1. HDFC Bank took support at 1435 as predicted. However we have to see whether it will hold. 2. ICICI Bank broke below 1075 to 1050 and closed above 1075. 3. Reliance has made a green candle and trying to hold 2435 level. ANALYSIS 1. Indices are looking oversold for very short term. However medium term the indices are still bearish. 2. NIFTY IS HOLDING ABOVE 22000 AND BANK NIFTY ABOVE 46500. TRADING PLAN 1. NIFTY OPEN BETWEEN 22115 -22000 : Buy any dip to 22000 and move above 22040. 2.NIFTY OPEN ABOVE 22115 : Buy any dip to 22050 - 22100 and break above 22150. 3. NIFTY OPEN BELOW 22005: Sell any rally to 22100 and break below 22000. 4.BANK NIFTY OPEN BETWEEN 46350 - 46785 : Buy any dip to 47300 tgt 46800 and sell any rally to 46800 tgt 46300. 5.BANK NIFTY OPEN ABOVE 46785: Wait for a consolidation between 46500 - 46800 and break above 46800. However every dip to 46500 can be accumulated. 6. BANK NIFTY OPEN BELOW 46300 : Sell any rally 46500. 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 MARCH 202412 Mar 2024 WORLD MARKETS 1. US and Europe is consolidating with a negative to neutral bias. 2. Asia is mixed. INDIA VIX AND GIFT NIFTY 1. India VIX is flat and GIFT Nifty is also indicating a flat opening. INDEX HEAVY WEIGHTS 1. HDFC Bank gained 2.2 % and is looking positive. 2. ICICI bank has been very volatile. It is looking neutral. 3. Reliance has moved exactly as per yesterday's range. It is neutral to negative. ANALYSIS 1. Markets are trading in a range. Nifty is trading between 22500 - 22000. 2. Bank Nifty is trading in the range of 48000 -47000. TRADING PLAN 1.NIFTY OPEN BETWEEN 22280 - 22390 : NO TRADE. 2.NIFTY OPEN ABOVE 22390 : wait for a consolidation between 22400 - 22450. Buy the break out above 22500. 3.NIFTY OPEN BELOW 22280: Wait for a consolidation between 22300 and 22230 and sell any break down of 22230. 4.BANK NIFTY OPEN BETWEEN 47560 -47000 : NOT TRADE. 5.BANK NIFTY OPEN ABOVE 47560: Wait for a consolidation between 47500 - 47770 and buy the break out. However any move to 47500 can be bought. exit if 47400 is broken. 6. BANK NIFTY OPEN BELOW 47000 : Sell any consolidation between 48000-46800 and a decisive break below 46800. 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 MARCH 220412 Mar 2024 WORLD MARKETS 1. All the US markets and Europe is looking berish. Asia has also turned bearish. INDIA VIX AND GIFT NIFTY 1. India VIX is low indicating less volatility. This also indicates that option premium will move less. So have to be happy with 50 -90 points premium movement . 2. GIFT Nifty is indicating a flat to positive opening. INDEX HEAVY WEIGHTS 1. HDFC Bank has turned bearish. 1440 is a strong resistance. next tgt for HDFC Bank is 1400 if it break 1420. 2. ICICI Bank has turned bearish for short term. Strong support is at 1075. Any break below 1070 is bearish. 3. Reliance is looking bearish. 2970 is a strong resistance. Next tgt is 2875. ANALYSIS 1. Indices has turned bearish for short term. 22400 is a strong resistance, whereas 22300 is being held as of now. 2. Bank Nifty has strong resistance at 47500 - 47700 levels. TRADING PLAN 1. NIFTY OPEN BETWEEN 22270 - 22400 : Any rally to 22400 is a sell. 2. NIFTY OPEN ABOVE 22400 : Wait for a consolidation and break below 22400 decisively. 3.NIFTY OPEN BELOW 22270 : Sell any rally to 22300 - 22400. 4.BANK NIFTY OPEN BETWEEN 47140 - 47500 : sell any rally to 47500. 5. BANK NIFTY OPEN ABOVE 47500 : Wait for a consolidation between 47700 - 47500 and a decisive break below 47500. 6. BANK NIFTY OPEN BELOW 47150: sell any rally to 47400. 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 MAR 202405 MAR 2024 WORLD MARKETS 1. World markets are consolidating with a bullish bias. INDIA VIX AND GIFT NIFTY 1. India VIX is down by 4 % indicating a bullish bias. 2. GIFT Nifty is indicating a flat start. INDEX HEAVY WEIGHTS 1. HDFC Bank has sucessfully closed above 1440. This is very bullish for HDFC Bank. It has strong support at 1440. Any break down of this will be bearish. 2. ICICI Bank is consolidating with a bullish bias. 1099 is a strong resistance. 1075 is a strong support. 3. Reliance has resistance at 3011.7. 2990 is a strong support. ANALYSIS 1. Indian Indices have turned bullish. 2. Bank Nifty has closed above 47500 which was crucial resistance. Next Tgt for Bank Nifty is 48130. 3. Nifty underperformed Bank Nifty and closed below 22400. TRADING PLAN 1.NIFTY OPEN BETWEEN 22300 - 22400 : Buy any dip to 22300 and move above 22400. Can carry light position when it dips to 22300 SL 22250. 2.NIFTY OPEN ABOVE 22400 : Wait for a consolidation and break above 22440. 3.NIFTY OPEN BELOW 22300 : Wait for a consolidation and break below 22250. 4. BANK NIFTY OPEN BETWEEN 47400 - 47730: Any dip to 47400 and move above 47500 is a buy. Light postion can be built when dip happens to 47400 -47300. SL 47200. 5. BANK NIFTY OPEN ABOVE 47730 : Wait for a consolidation between 47600 -47730 and break above 47750. Tgt 48130. 6.BANK NIFTY OPEN BELOW 47420 : Wait for a consolidation between 47250 -47500 and any break above 474500 is a buy. However any break below 47100 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:BANKNIFTYLong
by sam20051968
PRE MARKET ANALYSIS OF NIFTY AND BANK NIFTY FOR 05 MAR 202404 Mar 2024 WORLD MARKETS 1. World markets are looking positive with no important news up coming at the International level. INDIA VIX AND GIFT NIFTY 1. India VIX is below 15 indicating bullishness. GIFT Nifty is indicating a flat opening as of 1930 Hrs. INDEX HEAVY WEIGHTS 1.HDFC Bank is consolidating with a positive bias. 1435 is the near term resistance. Once it is cleared, then it has a tgt of 1460. Any break of 1400 is bearish. 2. ICICI Bank is looking bullish.1100 is the near term resistance. 1080 is the near term support. 3. Reliance is very bullish. Next near term tgt is 3110. ANALYSIS 1. Nifty is trading well above 22400 which is bullish. Any move to 22350 can be accumulated. SL 22340. 2. Bank nifty is consolidating between 47500 - 47000. Break of these levels is crucial for trending move. TRADING PLAN 1. NIFTY OPEN BETWEEN 22380 - 22430 : Any dip to 22380 is a buy. SL 22340. 2. NIFTY OPEN ABOVE 22430 : Wait for a consolidation and break above 22450. 3.NIFTY OPEN BELOW 22380 : Wait for a decisive break below 22350. 4. BANK NIFTY OPEN BETWEEN 47550 - 47360: NO TRADE. However light accumulation at 47400 is recommended. 5.BANK NIFTY OPEN ABOVE 47550 : Wait for a consolidation between 47400 -47550 and break out above 47550. 6.BANK NIFTY OPEN BELOW 47360 : Wait for a consolidation and break above 47400 or break below 47200. 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 29 FEB 202429 feb 2024 WORLD MARKETS 1. World markets are consolidating with a positive bias. INDIA VIX AND GIFT NIFTY 1. India VIX has spiked above 16 @ 16.3. 2. GIFT Nifty is indicating a flat openeing. INDEX HEAVY WEIGHTS 1. HDFC Bank has turned bearish as it has cracked 1410 on down side. Next tgt is at 1392. 2. ICICI Bank has again turned bearish. Now it is below 1050. Next Tgt on downside will be 1028. 3. Reliance has again cracked 2950 on the downside. Next tgt is 2872. ANALYSIS 1. Nifty has decisively broken 22000 on downside. 2. Bank Nifty has decisively broken 46500 which was holding for past four to five sessions. 3. Market has turned bearish for short term till 22000 and 47000 is reclaimed again. TRADING PLAN 1. NIFTY OPEN BETWEEN 22040 - 21860 : Any rise to 22100 and break below 22000 is a sell. 2. NIFTY OPEN ABOVE 2240 : Any consolidation between 22040 - 22120 and break above 22120 is a buy. However break below 22040 is a sell. 3. NIFTY OPEN BELOW 21860 : Wait for a move to 22000 to sell for a tgt of 21770. 4. BANK NIFTY OPEN BETWEEN 46200 - 45720 : Any rally to 46500 is a sell. 5.BANK NIFTY OPEN ABOVE 46200 Wait for a consolidation between 46200 - 46500 and sell any move below 46200. However any move above 46850 will be a buy. 6. BANK NIFTY OPEN BELOW 45700 : Any rally to 46000 and break below 45700 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 26 FEB 202426 FEB 2024 WORLD MARKETS 1. All the world markets are looking bullish. 2. US is bullish while Europe is consolidating with a bulllish bias. INDIA VIX AND GIFT NIFTY 1. India VIX is below 15 indicating bullishness and less fear. 2. GIFT Nifty is indicating 40 points uptick at 22260 levels. This amount to 46900 levels. 3. However GIFT nifty has not given true indication of market direction as witnessed on thursday and friday. INDEX HEAVY WEIGHTS. 1. HDFC Bank has lot of news flow because of which it has turned volatile. Again 1410 is a good support and any move above 1440 will be positive with a tgt of 1472. 2. ICICI Bank has strong support at 1510 Any break of which will be negative. It is bullish. 3. Reliance is bullish. ANALYSIS 1. Indices are consolidating with a bullish. Nifty is consolidating between 22000 - 22200 while Bank nifty is lagging but consolidating between 47000 - 46500. TRADING PLAN 1. NIFTY OPEN BETWEEN 22180 -22250 : Buy any consoldation and break above 22250. 2. NIFTY OPEN ABOVE 22250 : Wait for a consolidation and break above 22310. 3.NIFTY OPEN BELOW 22180 : Wait for a consolidation and break below 22140. 4.BANK NIFTY OPEN BETWEEN 46750 - 46960 :NO TRADE. 5. BANK NIFTY OPEN ABOVE 46960 : Wait for a consolidation between 46950 - 47100 and buy any break out. 6.BANK NIFTY OPEN BELOW 46750: Wait for a consolidation and break below 46500 decisaively. However any rally to 46800 can be sold into for any weakness adding small lots. stoploss 46900. 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 19 FEB 202419 feb 2024 WORLD MARKETS 1. World markets are consolidating with a bullish bias. INDIA IX AND GIFT NIFTY 1. India VIX is at 15 indicating reduction in volatility. 2. GIFT Nifty is indicating a a flat opening. INDEX HEAVY WEIGHTS 1. HDFC BANK is looking bullish. It has resistance at 1440. Any break of this will be bullish. 2. ICICI Bank is also looking bullish. Any open above 1026 will be bullish. 3. RELIANCE is consolidating with a negative bias. Any open above 2950 will be bullish. ANALYSIS 1. Indices are all looking bullish. 2. Nifty is trading above 22000 and bank nifty above 46000. 3. However Nifty need to clear 22150 to be full bullish and bank nifty above 46500. TRADING PLAN 1. NIFTY OPEN BETWEEN22038 - 22068: Buy any dip to 22000. NIFTY OPEN ABOVE 22068: Wait for a consolidation and break above 22100. NIFTY OPEN BELOW 22013: Wait for a break below 21950. 4.BANK NIFTY OPEN BETWEEN 46500 - 46265: NO TRADE. 5. BANK NIFTY OPEN ABOVE 46500 : Wait for a consolidation and break above 46600. 6.BANK NIFTY OPEN BELOW 46265: Wait for a consolidation and break below 46150. 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 17 FEB 202416 FEB 2024 WORLD MARKETS 1. All The world markets are looking positive and bullish. INDIA VIX AND GIFT NIFTY 1. India VIX have come down by 1.35% at 15.2. 2. GIFT Nifty is indicating a positive uptick of 15 points. This amounts to a flat openeing. INDEX HEAVY WEIGHTS 1.HDFC Bank has turned bullish. It has been over sold for some time. It has support at 1410 and next resistance is at 1441. 2. ICICI Bank is still consolidating. But i feel index management is done through ICICI Bank. When HDFC Bank goes up ICICI Bank come down. 3. Reliance is looking bullish but again due to expiry of nifty it was consolidating thus keeping nifty within 21900 - 21800. ANALYSIS 1. Indices are looking bullish as Nifty and Bank nifty have closed almost at the high of the day. 2. we may see some big movement tomorrow as Bank nifty has closed above 46000 and Nifty at 21900. TRADING PLAN : 1. NIFTY OPEN BETWEEN 21850 - 21950 : Buy any consolidation and break out above 21960. Buy any dip to 21800. 2.NIFTY OPEN ABOVE 21950 : Wait for a consolidation and a decisive break above 22027. 3.NIFTY OPEN BELOW 21850 : Wait for a consolidation and break below 21800. 4.BANK NIFTY OPEN BETWEEN 46020 - 46415 : Buy any dip to 46100- 46050. 5.BANK NIFTY OPEN ABOVE 46415: Wait for a consolidation between 46200 - 46415 and break out above 46400. 6.BANK NIFTY OPEN BELOW 46000 : Wait for a consolidation and 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:BANKNIFTYLong
by sam20051968
PRE MARKET ANALYSIS OF NIFTY AND BANK NIFTY FOR 15 FEB 202415 FEB 2024 WORLD MARKETS 1. US markets have recovered from yesterday gap down. 2. Europe and Asia is consolidating with a positive bias. INDIA VIX AND GIFT NIFTY 1. India VIX is at 15.4 down 2.3 % which is good. 2. GIFT Nifty is indicating 60 points uptick at 21930 future. INDEX HEAVY WEIGHTS 1. HDFC BANK looks over sold. We may see some upside till 1400. However it has multiple resistance at 1400,1415 and 1440. Only once 1440 is cleared, we can see some momentum buildig up in HDFC Bank. 2. ICICI bank on the other hand is choppy and consolidating in a range of 1000 - 1035 with positive bias. 3. Reliance has turned bullish and is trading above 2950 level. ANALYSIS 1. Market made a remarkable move from 44900 to 46170 which is a thousand point move. 2. However Nifty was not that positive. 3. However Nifty is trading at 21840 which is a crucial level. So we may see some good rally in Nifty as Bank nifty has rallied today. TRADING PLAN : 1. NIFTY OPEN BETWEEN 21750 - 21935 : Buy any dip to 21700 and move above 21750 Tgt of 21940. 2. NIFTY OPEN ABOVE 21935 : Wait for a dip to 21800 levels for initating buying. 3.NIFTY OPEN BELOW 21740 : Buy any consolidation between 21700 - 21750 and move above 21750 . 4.BANK NIFTY OPEN BETWEEN 45550 -46270 : Buy any dip to 45500. 5. BANK NIFTY OPEN ABOVE 46170 : Buy any dip to 46000. 6. BANK NIFTY OPEN BELOW 45500 : Wait for a consolidation between 45500 - 45200 and buy if break out is above 45700 and sell if break down is below 44850. 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 FEB 202414 FEB 2024 WORLD MARKETS 1. US markets have opened gap down and is trading in red with 1.0% - 1.5% downtick. 2. Europe is also trading in red. It has turned negative. 3. Asia is trading in positive. INDIA VIX AND GIFT NIFTY 1. India VIX is at 16 indicating increase in fear. 2. GIFT Nifty is indicating 162 point downtick at 21581. This amounts to 500 points downtick for bank nifty at 45100. INDEX HEAVY WEIGHTS 1. HDFC BANK has strong support at 1370. 1400 is a strong resistance. 2. ICICI Bank is looking bullish. It has resistance at 1027 and support is seen at 1000. 3. Reliance is looking bullish. It has strong resistance at 2950. Support can be seen at 2908. ANALYSIS 1. US markets have gapped down after the inflation result came worse than expected and no possibility of rate cut in near future. 2. Also there have been fear that due to high interest rate, US may fall into recession. 3. These moves are going to affect Indian Markets a bit. 4. However Indian markets fundamentally is looking strong. But we may expect markets moving downwards. TRADING PLAN 1. NIFTY OPEN BETWEEN 21680 - 21800: Wait for a direction in the market or avoid trading. 2. NIFTY OPEN ABOVE 21800 :Wait for a consolidation and break above 21840. 3. Nifty open below 21680: Sell any rally to 21700. 4. BANK NIFTY OPEN BETWEEN 45750 - 45250 : Wait for a consolidation and break above 45800 decisively. 5. BANK NIFTY OPEN ABOVE 45800 : Wait for a consolidation and break above 46020. 6. BANK NIFTY OPEN BELOW 45250 : Sell any consolidation and break below 45000. 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 ANALSIS OF NIFTY AND BANK NIFTY FOR 12 FEB 202412 Feb 2024 Mon sorry down with severe viral. WORLD MARKET 1. US and Europe is looking bullish. Asia is consolidating with a bullish bias. INDIA VIX AND GIFT NIFTY 1. India VIX is still above 15. 2. Market can go fully bullish only if VIX moves below 15. 2. GIFT Nifty is indicating a flat opening. INDEX HEAVY WEIGHTS 1. HDFC Bank on daily chart is looking bearish. It has resistance at 1415 and support at 1370. 2. ICICI Bank has support at 1005 and it can turn bullish above 1015. 3. Reliance is bullish on daily chart and is good to trade on bullish side. ANALYSIS 1. Nifty has to cross 22000 to turn bullish decisively. Till that time it may remain choppy. 2. Bank Nifty has to clear 46090 to turn fully bullish. Bearish bets can be taken below 45200 levels. Till that time it may remain choppy. TRADING PLAN. 1. NIFTY OPEN BETWEEN 21730 - 21830 : NO TRADE. 2. NIFTY OPEN ABOVE 21830 : Wait for a consolidation and break above 21870. Tgt 22000 and above. 3. NIFTY OPEN BELOW 21730 Wait for a consolidation and break below 21680. 4. BANK NIFTY OPEN BETWEEN 45400 - 45900 : Any dip to 45400 and move above 45500 can be bought. stoploss at 45400. 5. BANK NIFTY OPEN ABOVE 45900 : Wait for a consolidation and break above 46090. 6.BANK NIFTY OPEN BELOW 45400 : Sell any consolidation and break below 45300. Tgt 45000. 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 05 FEB202405 FEB 2024 WORLD MARKETS 1. US is looking extremely bullish with all the indices making positive move. Meta has closed 20 % above its previous day close. 2. Europe is consolidating with a positive bias, whereas Asia is looking bullish. INDIA VIX AND GIFT NIFTY 1. India VIX is at 14.6 indicating bullishness. 2. GIFT Nifty is indicating a 35 points downtick which is a flat opening. INDEX HEAVY WEIGHT. 1. HDFC Bank is looking weak. It has made a bearish engulfing pattern. Any break of 1440 will be bearish while any break above 1485 will be bullish. 2. ICICI Bank on a daily chart is bullish whereas yesterday, it lost all the gains it made and closed in negative. It seems it is consolidating with a negative bias. 3. Reliance is looking extrremely bullish and ready for the next break out. We can trade reliance tomorrow if Bank Nifty and Nifty become range bound. ANALYSIS 1. World Markets are looking bullish. 2. Nifty has made a hanging man pattern and could not sustain 22000. It need to be seen whether it will cancel out this bearish pattern. 3. Bank Nifty has moved 1200 points Intra day which is very volatile. 3. There has been news of US attack In middle east which may fuel bearishness in market. TRADING PLAN 1. NIFTY OPEN BETWEEN 21760 -21950 : NO TRADE. 2.NIFTY OPEN ABOVE 21950 : Wait for a consolidation between 21850 - 21950 and break above 22000. 3. NIFTY OPEN BELOW 21750 : Wait for a consolidation and break below 21680 decisively. Any weakness around 21750 repeatedly can be sold into. 4. BANK NIFTY OPEN BETWEEN 46250 - 45700 : Sell any rally to 46200 and break below 46100 decisively. add more if 46000 is decisively broken. Any consolidation at 45700 and move above 46050 is a buy. 2. BANK NIFTY OPEN ABOVE 46200 : Wait for a consolidation at 46250 and break above 46350. Tgt 46500. 3. BANK NIFTY OPEN BELOW 45700 : Sell any rally to 46000. 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 25 JAN 202425 JAN 2024 WORLD MARKETS 1. US Markets are looking over bought. 2. Asia and Europe is looking mixed. INDIA VIX AND GIFT NIFTY 1. India VIX is looking bullish as per the technical chart. 2. GIFT Nifty is looking flat with a 28 point uptick. INDEX HEAVY WEIGHTS 1. HDFC Bank has closed above 200 SMA on weekly chart and has made a hammer pattern. Also it is looking over sold on daily chart. We may see some bounce in HDFC BAnk. 2. ICICI Bank on the other hand has made two bearish big candle. It has support at 995. If it breaks then next support is at 965. 3. Reliance has taken sp at 2650 which is 20 SMA. It is looking bullish. ANALYSIS 1. Tomorrow is Nifty expiry. So index may get volatile. 2. Reliance is bullish. 3. The move of nifty and Bank Nifty depends upon HDFC Bank and ICICI Bank moving to gether whether up or Down. TRADING PLAN. 1. NIFTY OPEN BETWEEN 21360 - 21550 : NO TRADE. 2.NIFTY OPEN ABOVE 21550 : Buy any consolidation and break out between 21480 - 21550. 3. NIFTY OPEN BELOW 21360 : Sell any consolidation and break below 21250. 4. BANK NIFTY OPEN BETWEEN 44800 - 45360 : No Trade. 5.BANK NIFTY OPEN ABOVE 45360 : Buy any consolidation between 45400 and break above 45630. 6. BANK NIFTY OPEN BELOW 44800 : Wait for a consolidation and break below 44450. 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 24 JAN 202424 JAN 2024 WORLD MARKETS 1. US markets is still in bullish mode. 2. Europe and Asia is mixed. 3. It seems that the Indian Indices are decoupled with world markets. INDIA VIX AND GIFT NIFTY 1. India VIX has moved above 14 indicating increased volatility and fear. 2. GIFT Nifty is indicating a 100 points upmove at 21340. This amounts to 300 points for Bank Nifty at 45300 levels. INDEX HEAVY WEIGHTS 1. HDFC Bank has turned bearish. It has resistance at 1450 and support at 1350 levels. 2. ICICI Bank has support at 1027. Any break of this will get us 1010. 3. Reliance may be looking to take support at 2500. ANALYSIS 1. Indian Indices seems to have decoupled from world market. 2. ICICI Bank and Axis Bank inspite of good results have been collapsing. 3. Reliance is consolidating with a negative bias. TRADING PLAN 1. NIFTY OPEN BETWEEN 21400 - 21080 : Sell any rally to 21400. 2. NIFTY OPEN ABOVE 21400 : Wait for a consolidation and break above 21550. 3. NIFTY OPEN BELOW 21080 : Sell any rally to 21400. 4. BANK NIFTY OPEN BETWEEN 45500 - 44500 : Sell any rally to 45500. 5. BANK NIFTY OPEN ABOVE 45500 : Sell any consolidation between 45600 - 45500 and break below 45500. 6. BANK NIFTY OPEN BELOW 44500 : Wait for a consolidation and break below 44400. TOMORROW MAY BE A DAY OF CONSOLIDATION. 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 23 JAN 202423 JAN 2024 WORLD MARKETS 1. US markets has turned bullish after brief consolidation. 2. Europe is bearish whereas the Asia is mixed. INDIA VIX AND GIFT NIFTY 1. India VIX is still above 13 indicating volatility and fear. 2. GIFT Nifty is indicating a flat opening. INDEX HEAVY WEIGHTS 1. HDFC Bank is looking weak but it is oversold. A pull back may be possible. 2. ICICI Bank is choppy with a positive bias. we may see an up move. 3. Reliance is consolidating with a negative bias. ANALYSIS 1. The Indices are consolidating in a very broad range. 2. The fall in Indices is mainly due to HDFC Bank. However other indices like MIdcap 150, metal and Oil and Gas are all looking bullish. 3. The event on 22 jan may put some positiveness into the market before market decides its next move. 4. Also the World market and US markets specifically looking positive. TRADING PLAN 1. NIFTY OPEN BETWEEN 21525 -21620 : No Trade. 2.NIFTY OPEN ABOVE 21620 : Wait for a consolidation and break above 21670. 3. NIFTY OPEN BELOW 21525 : Wait for a consolidation and break below 21450. 4. BANK NIFTY OPEN BETWEEN 45900 - 46200 : No Trade. 5. BANK NIFTY OPEN ABOVE 46200 : Buy any consolidation between 46000 - 46200 and break above 46220. Any repeated dip to 46000 can be brought. SL 45900. 6. BANK NIFTY OPEN BELOW 46000 : Wait for a consolidation between 46000 - 45900 and break below 45840. 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 17 JAN 202417 Jan 2024 WORLD MARKETS 1. US markets are still consolidating and in a range. 2. Europe is consolidating with a negative bias. 3. Asia is mixed. INDIA VIX AND GIFT NIFTY 1. India VIX is above 13 indicating increased volatility and GIFT Nifty is indicating a muted start. INDEX HEAVY WEIGHTS 1. HDFC Bank is consolidating with a bullish bias. 1683 is a resistance it need to cross. 2. ICICI Bank is bullish however it may consolidate till quarterly result. 1010 is still a good resistance. 3. Reliance as discussed is over bought and may consolidate with a negative bias till result. ANALYSIS 1. Nifty has a good resistance at 22175 and need to be cleared for further bullishness. 2. Bank nifty is reacting to results of Banking stock with a bullish bias. 48000 still is a good support while 48305 is a strong resistance that need to be cleared. TRADING PLAN 1. NIFTY OPEN BETWEEN 22075 -21990 : No Trade 2. NIFTY OPEN ABOVE 22075 : Wait for a consolidation and break above 22125. 3.NIFTY OPEN BELOW 21990 : Wait for a consolidation and break below 21950. 4.BANK NIFTY OPEN BETWEEN 48200 - 48040 : Buy any dip to 48000 and move above 48150.Buy in small lots. Agreeive buying can be done if 48310 is cleared decisively. 5.BANK NIFTY OPEN ABOVE 48209 : Wait for a consolidation and break above 48310. Buy any dip to 48100 and break above 48209. 6.BANK NIFTY OPEN BELOW 48040 : Wait for a consolidation and break below 47950. 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 JAN 202416 Jan 2024 WORLD MARKETS 1. US Markets are consolidating with a bullish bias. 2. Europe is loooking weak with negative bias. 3. Asia is mixed with NIKKEI looking bullish while KOSPI bearish. INDIA VIX AND GIFT NIFTY 1. India VIX is above 13 indicating increase in volatility. This gives good opportunity for intraday trade. 2. GIFT Nifty is indicating a flat start. INDEX HEAVY WEIGHTS 1. HDFC Bank has made a bullish engulfing candle. It has good support at 1660. 1675 is a resistance. If it breaks it then Bank Nifty may turn bullish. 3. ICICI Bank has closed above 1005 and has turned bullish. Next tgt for it will be 1028. 3. Reliance is over bought and may consolidate. ANALYSIS 1. Tomorrow is HDFC Bank Result. So market initially in the morning may remain volatile. 2. HDFC Bank is expected to come with good result. 3. So buy on dips will be a good strategy. TRADING PLAN 1. NIFTY OPEN BETWEEN 22050 - 22135 :Buy any dip to 22050. 2. NIFTY OPEN ABOVE 22135. Wait for a consolidation and break above 22200. Any dip to 22100 -22050 will be a good buy. 3. NIFTY OPEN BELOW 22050: Wait for a consolidation and move above 22050 to buy. 4. BANK NIFTY OPEN BETWEEN 48275 - 48050 : Buy any dip to 48000. 5.BANK NIFTY OPEN ABOVE 48175 : Wait for a consolidation and break above 48200. 6. BANK NIFTY OPEN BELOW 48050 : Wait for a consolidation and move above 48100 to 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 02 JAN 202402 Jan 2024 WORLD MRKETS 1. World markets were closed today. It is consolidating with a bullish bias. INDIA VIX AND GIFT NIFTY 1. India VIX is at high and GIFT Nifty is indicating a mute start. INDEX HEAVY WEIGHTS 1. HDFC Bank is consolidating with a bullish bias. However on the one Hr chart It has sp at 1689.Any break of it will be bearish for HDFC Bank. 2. ICICI Bank on the other hand is looking bearish on hourly chart. 1000 - 1003 looks a strong resistance. Any close above 1003 can be bullish. 3. Reliance is consolidating with a bullish bias. ANALYSIS 1. Market is witnessing huge volatility. 2. For Nifty 21600 seems to be a good sp. Any break of it will be bearish. 3. Bank Nifty is trading in a range of 48500 - 48000. We can see direction only after the break of these levels. TRADING PLAN 1. NIFTY OPEN BETWEEN 21700 - 21785 : Sell any rally to 21800 level and break below 21750. 2.NIFTY OPEN ABOVE 21800 : Wait for a consolidation and break above 21835. If break happen below 21750 sell. 3.NIFTY BREAK BELOW 21700 : Wait for a break below 21650. 4. BANK NIFTY OPEN BETWEN 48400 - 48125 : Sell any rally to 48400 and break below 48300. 5. BANK NIFTY OPEN ABOVE 48500 : Wait for a consolidation between 48400 - 48530 and break above 48540. If it break below 48300 sell. 6. BANK NIFTY OPEN BELOW 48125: Sell any rally to 48300 and break below 48125. 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 20 DEC 202319 Dec 2023 WORLD MARKETS 1. US markets are looking over bought and tired. 2. NASADAQ is bullish. 3. Europe is also looking over bought except FTSE. 4. Asia is mixed. INDIA VIX AND GIFT NIFTY 1. India VIX has reached almost 14. This indicates increase in volatility. 2. GIFT Nifty is indicating a flat opening. INDEX HEAVY WEIGHTS. 1. HDFC Bank is consolidating between 1650 - 1630. 2. ICICI Bank has good sp at 1014 - 1010. Any break of this will be bearish for a tgt of 1003. 3. Reliance is looking bullish. It has good sp at 2540. ANALYSIS 1. World markets are over bought and is consolidating. 2. Indian Indices are also consolidating. Nifty is consolidating between 21360 - 21500. Bank Nifty is consolidating between 47500 - 48100. 3. Indices may continue to consolidate. Any break of these levels will give directional move. Till That time option buyers should stay way from market. Scalpers can buy at low and sell at high which is risky. TRADING PLAN 1.NIFTY OPEN BETWEEN 21400 - 21500. : No trade. 2. NIFTY OPEN ABOVE 21500 : Buy any consolidation and break above 21550. 3.NIFTY OPEN BELOW 21400 : Sell below 21350. 4.BANK NIFTY OPEN BETWEEN 47970 - 47770 : No trade. 5.BANK NIFTY OPEN ABOVE 47970 : Wait for a consolidation and break out above 48075. 6.BANK NIFTY OPEN BELOW 47770 : Sell any consolidation and break below 47650. 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 18 DEC 202318 Dec2023 WORLD MARKETS 1. US Markets are looking tired and over bought. While NASDAQ has still some steam left. 2. Europe has already started pulling back. 3. Asia is mixed. INDIA VIX AND GIFT NIFTY 1. India VIX is above 13 indicating increased volatility. Some correction may be in order. 2. GIFT Nifty is indicating a 80 points down tick at 21375. INDEX HEAVY WEIGHTS 1. HDFC Bank is looking bullish. It has good sp at 1635. The next tgt will be 1675. Any break of 1635 will be bearish for short term. 2. ICICI Bank has good sp at 1010. Otherwise it is looking very bullish. 3. Reliance has good sp at 2490 and its next tgt is 2521. 4. IT heavy weights are on fire. ANALYSIS 1. We are in Dec. Usually there will be a rally in Dec. Trading activity may decline in US due to christmas and New year. People may like to open afresh in new year and hence may not like to keep position. 2. US and Indian Markets have reached the peak of interest rate hike. So we may see interest rate reduction in future monetary policy meets. So easy money will come through. So economic activity may pick up. 3. There will some small violent pull backs, but the overall market direction will be bullish. 4. So better to trade long and avoid shorts. However expert traders ride both ways. TRADING PLAN 1.NIFTY OPEN BETWEEN 21400 -21535 : Buy any dip to 21400. 2. NIFTY OPEN ABOVE 21535 : Wait for a dip to 21400. 3. NIFTY OPEN BELOW 21400 : Wait for a consolidation and if indices move above 21400 buy. If indices break below 21320 then sell. 4. BANK NIFTY OPEN BETWEEN 48000 - 48300 : Buy any dip to 48000. BANK NIFTY OPEN ABOVE 48300 : Wait for a dip to 48000. 6. BANK NIFTY OPEN BELOW 48000 : Wait for a break down below 47800. However if the Indices rise above 48000 after consolidation between 47800 - 48000, then 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:BANKNIFTY
by sam20051968
PRE MARKET ANALYSIS FOR NIFTY AND BANK NIFTY FOR 15 DEC 202315 Dec2023 WORLD MARKETS 1. World Markets are looking very bullish post the US fed rate decision to hold the interest rate. But US are over stretched. INDIA VIX AND GIFT NIFTY 1. India VIX has risen by2 % at 12.3 . 2. GIFT Nifty is indicating a flat opening. INDEX HEAVY WEIGHTS 1. HDFC Bank is bullish. 1675 is the next tgt. It has sp at 1640. 2. ICICI Bank is looking very bullish. It is in unchartered territory. 1015 is a very strong sp. ANALYSIS 1. Indian indices is on a roll with a good pull back. But one should remain cautious at these levels. 2. HDFC Bank and ICICI bank are bullish. TRADING PLAN 1. NIFTY OPEN BETWEEN 21150 - 21220 : NO TRADE. 2. NIFTY OPEN ABOVE 21220: Buy any dip to 21150. 3. NIFTY OPEN BELOW 21145 : Sell any consolidation and break below 21100. 4. BANK NIFTY OPEN BETWEEN 47850 - 47612 : Buy any dip to 47650. 5.BANK NIFTY OPEN ABOVE 47860. Wait for a break out above 48000. 6.BANK NIFTY OPEN BELOW 47600. Sell any rally to 47700. If Bank Nifty open gap up and start trading below 47700, we can 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