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PRE MARKET ANALYSIS OF NOIFTY AND BANK NIFTY FOR 03 OCT 202403 Oct 2024 WORLD MARKETS 1. World Markets are looking very bullish. 2. However the Israeli conflict may have some implications on the market. INDIA VIX AND GIFT NIFTY 1. India VIX is below 12 indicating a reduction in volatility. 2. GIFT Nifty is indicating a 229 points downtick at 25800. This amounts to 500 points downtick at 52300. INDEX HEAVY WEIGHTS 1. HDFC bank is taking support at 1714. Any break of 1714 will be bearish with a tgt of 1697. 2. ICICI Bank has resistance at 1280. Next support is at 1250. 3. Reliance has support at 2900.However it is very bearish. ANALYSIS 1. World Markets are looking on backfoot post Escalation in Israel conflict. THE SEBI DECISION TO INCREASE THE CONTRACT VALUE TO 15 - 20 LAKH may have some effect on the market. TRADING PLAN 1. NIFTY OPEN BETWEEN 25700 - 25850 : NO TRADE. 2. NIFTY OPEN ABOVE 25850: Sell any rally to 25900. 3. NIFTY OPEN BELOW 25750: Wait for a consolidation and wait for a direction in the market. 4.BANK NIFTY OPEN BETWEEN 53057 - 52800: NO TRADE. 5. BANK NIFTY OPEN ABOVE 53057: Wait for a consolidation and break above 53240. If break happen below 53000 , sell. 6.BANK NIFTY OPEN BELOW 52800: Wait for a consolidation and break below 52700 decisively. However if the open happen at 52200, wait for a consolidation and break below 52000 decisively. If market pull back immediately to 52500 -52700 levels, then 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:BANKNIFTYShort
by sam20051968
PRE MARKET ANALYSIS OF NIFTY AND BANK NIFTY FOR 27 SEP 202427 SEP 2024 WORLD MARKETS 1. All the world markets are looking bullish. INDIA VIX AND GIFT NIFTY 1. India VIX is at 12 indicating bullishness. 2. GIFT Nifty is indicating a flat opening. INDEX HEAVY WEIGHTS 1. HDFC Bank and ICICI Bank is extremely bullish. 2. Reliance is struggling to cross 3000. ANALYSIS 1. Markets was extremly bullish but highly volatile. 2. It took out both retail option buyers and sellers before rallying. TRADING PLAN 1. NIFTY OPEN BETWEEN 26146 - 26 289: Buy any dip to 26100. 2. NIFTY OPEN ABOVE 26290: Buy any dip to 26100. 3. NIFTY OPEN BELOW 26146: Wait for any consolidation and break above 26200 decisively. 4.BANK NIFTY OPEN BETWEEN 54500 - 54250: Buy any dip to 54200. 5.BANK NIFTY OPEN ABOVE 54500: Wait for a dip to 54300. 6. BANK NIFTY OPEN BELOW 54256: Wait for any consolidation and break above 54250 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:BANKNIFTYLong
by sam20051968
PRE MARKET ANALYSIS OF NIFTY AND BANK NIFTY FOR 23 SEP 202423 Sep 2024 WORLD MARKETS 1. World Markets are looking mixed with US Markets looking positive while Europe is down by 1.5 %. Asia is looking bullish. 2. Except Fed chair Powell speech and Israel war there are no negative triggers for the market. INDIA VIX AND GIFT NIFTY 1. India VIX is below 13 indicating bullishness. 2. GIFT NIFTY is indicating a flat start which is good. INDEX HEAVY WEIGHTS 1. HDFC Bank is very bullish. Its next tgt is 1795 which is its previous high. After it hits this tgt we may see some downside. 2. ICICI Bank is at all time high and is very bullish. No tgt can be set for ATH Stocks. 3. Reliance has resistance at 3000. Post 3000, it may turn bullish. TRADING PLAN 1.NIFTY OPEN BETWEEN 25790 - 25676: Buy any dip to 25650. 2. NIFTY OPEN ABOVE 25790: Sell any rally to 26000. 3. NIFTY OPEN BELOW 25676: Buy any consolidation and break above 25700. 4. BANK NIFTY OPEN 53512 - 54083: Buy any dip to 53600. 5. BANK NIFTY OPEN ABOVE 54083: Buy any dip to 53700. Alternatively Sell any weakness at 54000. 6. BANK NIIFTY OPEN BELOW 53502: Sell any consolidation between 53700 - 53500 and break below 53500. However if the break out happen above 53700, 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 16 SEP 202416 Sep 2024 SORRY FRIENDS I WAS ON A VACATION BIKE RIDE TO LEH FOR 15 DAYS. WORLD MARKETS 1. World Markets are consolidating with a bullish bias. In fact it is bullish. 2. FOMC Fed Interest rate decision will be on 18 Sep. The street is expecting a 25 bps rate cut which may turn market bullish. Till That time market may consolidate with a bullish bias. INDIA VIX AND GIFT NIFTY 1. India VIX has crashed to 12.5 indicating more bullishness in the market. 2. Gift Nifty is indicating a flat opening after a good rally. INDEX HEAVY WEIGHTS 1. HDFC Bank has broken above 1660 and has good support at 1660 levels. It has no immediate resistance. 2. ICICI Bank has strong resistance at 1252 levels. It may consolidate after a good run. 3. Reliance has resistance at 2960. It is trading with a negative bias. TRADING PLAN. BUY ON DIP WILL BE A GOOD STRATEGY TILL 18 SEP. 1.NIFTY OPEN BETWEEN 25393 - 25319: Buy any dip to 25250 levels. 2. NIFTY OPEN ABOVE 25393 : Sell 25500 call options for any rally to 25500 levels. 3. NIFTY OPEN BELOW 25314 : sell 25200 put options for any dip to 25200 and move above 25250 levels. 4. BANK NIFTY OPEN BETWEEN 52034 - 51841: Sell call option 52500 for any rally to 52100 levels. 5. BANK NIFTY OPEN ABOVE 52034: Sell 52000 call option if the bank nifty break below 51900. 6.BANK NIFTY OPEN BELOW 51830 : sell 51500 put option if bank nifty dip to 51600 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 OF NIFTY AND BANK NIFTY FOR 29 AUG 202429 Jun 2024 WORLD MARKETS 1. World markets are consolidating with a positive bias. INDIA VIX AND GIFT NIFTY 1. INDIA VIX is below 14 but is up 2.35 % at 13.9. 2. GIFT nifty is indicating a 24 point down tick at 25000. INDEX HEAVY WEIGHTS 1. HDFC Bank is range between 1620 - 1650 levels. Any break of these level will give direction to Indices. 2. ICICI Bank is consolidating with a bullish bias. It has a tgt of 1235. 3. Reliance has support at 2980 and resistance at 3012. TRADING PLAN 1. NIFTY OPEN BETWEEN 25090 - 25000: No Trade. 2. NIFTY OPEN ABOVE 25090: Wait for a consolidation and break above 25100 decisively. 3.NIFTY OPEN BELOW 25000: Sell any rally to 25100. 4.BANK NIFTY OPEN BETWEEN 51080- 51206: No Trade. 5.BANK NIFTY OPEN ABOVE 51206: Wait for a consolidation between 51206- 51275 and break above 51275. 6.BANK NIFTY OPEN BELOW 51080 : Sell any rally to 51250. 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 AUG 202427 Aug 2024 WORLD MARKETS 1. All the world markets are looking bullish. INDIA VIX AND GIFT NIFTY 1. INDIA VIX has closed above 13.7 indicating bullishness. But has increased. 2. GIFT NIFTY is indicating a flat opening. INDEX HEAVY WEIGHTS 1.HDFC Bank has closed below 1640. But is bullish. It has taken rejection at 1650 levels. 2. ICICI Bank is also very bullish. 1217 is a strong resistance. 3. Reliance has resistance at 3051. It has closed above 3000 decisively. TRADING PLAN 1. NIFTY OPEN BETWEEN 24963 - 25055: No Trade. 2. NIFTY OPEN ABOVE 25055: Wait for a consolidation and break above 25105 decisively. can SELL 25000 put options. 3. NIFTY OPEN BELOW 24960: Wait for a consolidation and break above 25000 decisively. However if break happens below 24900, then we SELL 24900 call options. 4.BANK NIFTY OPEN BETWEEN 51075-51220: NO TRADE. 5.BANK NIFTY OPEN ABOVE 51218: Wait for a consolidation and break above 51220 decisively. we can SELL 51200 PUT OPTIONS in case of break out above 51220 decisively. 6.BANK NIFTY OPEN BELOW 51076: Wait for a consolidation and break above 51100 decisively. Then 51100 put options can be SOLD. 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 23 AUG 202423 AUG 2024 WORLD MARKETS 1. US markets have pulled back and recovered all the lost ground in the last one week and trying to cross all time high. 2. Europe and Asia is also looking bullish. INDIA VIX AND GIFT NIFTY 1. India VIX is below 13 indicating good bullishness. 2. GIFT Nifty is indicating a flat opening. INDEX HEAVY WEIGHTS 1. HDFC Bank is still in a range of 1640 - 1600. 2. ICICI Bank has turned bullish but 1195 still remain a strong resistance. Any break of this will be bullish. 3. Reliance has still 3000 as a strong resistance. TRADING PLAN 1. NIFTY OPEN BETWEEN 24788 - 24835: No Trade. 2. NIFTY OPEN ABOVE 24835: Wait for a consolidation and break above 24900 decisively. 3.NIFTY OPEN BELOW 24788: Wait for a consolidation and break below 24700 decisively. 4.BANK NIFTY OPEN BETWEEN 51063 - 50906: NO TRADE. 5.BANK NIFTY OPEN ABOVE 51063: Wait for a consolidation and break above 51150. 6.BANK NIFTY OPEN BELOW 50906: Wait for a consolidation and break below 50800 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 20 AUG 202420 AUG 2024 WORLD MARKETS 1. All the world markets are looking bullish. INDIA VIX AND GIFT NIFTY 1. India VIX is below 15 indicating bullishness. 2. GIFT Nifty is indicating 54 points uptick at 24630. INDEX HEAVY WEIGHTS 1. HDFC Bank has support at 1600 and resistance at 1640. Any break above 1640 is bullish. 2. ICICI Bank has support at 1170. Any break of this will be bearish. 3. Reliance has a very strong resistance at 3000. 1.NIFTY OPEN BETWEEN 24604 - 24540: NO TRADE. NIFTY OPEN ABOVE 24604. :Wait for a consolidation between 24600 - 24650 and buy any breakout above 24650. 3.NIFTY OPEN BELOW 24540: Wait for a consolidation between 24500 - 24540 and break above 24550. 4.BANK NIFTY OPEN BETWEEN 50246 - 50490: NO TRADE. 5. BANK NIFTY OPEN ABOVE 50490. Wait for a consolidation and break above 50610 decisively. 6. BANK NIFTY OPEN BELOW 50246: Sell any rally to 50400. 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 AUG 202416 AUG 2024 WORLD MARKETS 1. All the World Markets have turned bullish. INDIA VIX AND GIFT NIFTY 1. India VIX is down 4 % at 15.4. 2. GIFT Nifty is indicating a flat start. INDEX HEAVY WEIGHTS 1. HDFC BAnk is looking range bound between 1630 -1590 with a negative bias. 2. ICICI Bank is bearish and has resistance at 1172 and any break of 1155 is bearish. 3. Reliance is bearish and any break of 2900 is bearish. 2940 is a strong resistance. TRADING PLAN 1. NIFTY OPEN BETWEEN 24170 -24117: NO TRADE. 2.NIFTY OPEN ABOVE 24170: Wait for a consolidation and break above 24205 with high volume. 3.NIFTY OPEN BELOW 24117: Wait for a consolidation and break below 24070 decisively. 4. BANK NIFTY OPEN BETWEEN 49811 - 49643: NO TRADE. 5. BANK NIFTY OPEN ABOVE 49811: Wait for a consolidation and break above 49900 decisively with high volume. 6.BANK NIFTY OPEN BELOW 49640: Wait for a consolidation and break below 49500 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 12 AUG 202412 Aug 2024 WORLD MARKETS 1. World Markets have recovered and made a pull back. But the world markets are still bearish. INDIA VIX AND GIFT NIFTY 1. India VIX is still above 15.3 indicating increase in volatility. 2. GIFT Nifty is indicating a flat opening. INDEX HEAVY WEIGHTS 1. HDFC Bank is rangebound. It has support at 1640 and resistance at 1660. 2. ICICI Bank is consolidating between 1160 -1180. Any break of this range will give direction to market. 3. Reliance has support at 2940 and resistance at 2960. 4. It is looking bullish. TRADING PLAN. 1. NIFTY OPEN BETWEEN 24330 - 24400 : No Trade. 2. NIFTY OPEN ABOVE 24400: Wait for a consolidation and break above 24450. 3.NIFTY OPEN BELOW 24330: Wait for a consolidation and break below 24300 decisively. 4.BANK NIFTY OPEN BETWEEN 50400 - 50575: NoTrade. 5.BANK NIFTY OPEN ABOVE 50575: Wait for a consolidation and break above 50650 decisively. 6.BANK NITFY OPEN BELOW 50400: Wait for a consolidation and break below 50300 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 12 AUG 202412 Aug 2024 WORLD MARKETS 1. World Markets have recovered and made a pull back. But the world markets are still bearish. INDIA VIX AND GIFT NIFTY 1. India VIX is still above 15.3 indicating increase in volatility. 2. GIFT Nifty is indicating a flat opening. INDEX HEAVY WEIGHTS 1. HDFC Bank is rangebound. It has support at 1640 and resistance at 1660. 2. ICICI Bank is consolidating between 1160 -1180. Any break of this range will give direction to market. 3. Reliance has support at 2940 and resistance at 2960. 4. It is looking bullish. TRADING PLAN. 1. NIFTY OPEN BETWEEN 24330 - 24400 : No Trade. 2. NIFTY OPEN ABOVE 24400: Wait for a consolidation and break above 24450. 3.NIFTY OPEN BELOW 24330: Wait for a consolidation and break below 24300 decisively. 4.BANK NIFTY OPEN BETWEEN 50400 - 50575: NoTrade. 5.BANK NIFTY OPEN ABOVE 50575: Wait for a consolidation and break above 50650 decisively. 6.BANK NITFY OPEN BELOW 50400: Wait for a consolidation and break below 50300 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 08 AUG 202408 AUG 2024 WORLD MARKETS 1. US and Asia has recovered and looking to resume uptrend. 2. Europe is still looking bearish. INDIA VIX AND GIFT NIFTY 1. India VIX has crashed by 13.7% indicating decrease in volatility. GIFT Nifty is indicating a flat opening. INDEX HEAVY WEIGHTS 1. HDFC BANK repeatedly took support at 1600 and settled at 1623. Any break above 1630 will be bullish for a tgt of 1645 and 1655. 2. ICICI Bank has taken support at 1171. If 1172 is sustained, we may see 1180. 3. Reliance has taken support at 2930 - 2900. So any break above 2935 will be bullish. TRADING PLAN. 1. NIFTY OPEN BETWEEN 24336 - 24256: NO Trade. 2.NIFTY OPEN ABOVE 24335: Buy any dip to 24300 and break above 24350 decisively. 3. NIFTY OPEN BELOW 24256: Wait for a consolidation and break below 24130. 4. BANK NIFTY OPEN BETWEEN 49980 - 50260: NO Trade. 5.BANK NIFTY OPEN ABOVE 24260: Wait for a consolidation and break above 50400. 6. BANK NIFTY OPEN BELOW 49980: Wait for a consolidation and break below 49750 decisively. However any rally to 50030 can be sold into. 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 06 AUG 2024.06 Aug 2024 WORLD MARKETS 1. world markets have turned extremely bearish. US markets are down 2.0 -2.5%. 2. Asia is down by 5 - 8%. INDIA VIX AND GIFT NIFTY 1. India VIX is above 20 indicating extreme bearishness. GIFT Nifty is indicating a flat opening. INDEX HEAVY WEIGHTS 1. HDFC Bank has good support at 1600 - 1612 levels. Any opening below this will be bearish. 2. ICICI Bank has resistance at 1171. Any break below 1166 will be bearish. 3. Reliance has very strong support at 2580 level.2930 is a strong resistance. TRADING PLAN 1. NIFTY OPEN BETWEEN 23930 - 24184 : No trade. However any rally to 24180 will be a sell. 2.NIFTY OPEN ABOVE 24180: Sell any rally to 24350 levels. 3. NIFTY OPEN BELOW 23920: Sell any rally to 24000. 4.BANK NIFTY OPEN BETWEEN 49800 - 50375: Sell any rally to 50430. 5.BANK NIFTY OPEN ABOVE 50375: Sell any rally to 50500. 6.BANK NIFTY OPEN BELOW 49800: Sell any rally to 50000. 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 26 JUL 202426 Jul 2024 WORLD MARKETS 1. All the world markets are looking bearish. INDIA VIX AND GIFT NIFTY 1. India VIX has shot up to 12.7. 2. GIFT Nifty is indicating a flat opening. INDEX HEAVY WEIGHTS 1. HDFC Bank has closed above 1611 but closed below 1618.5. Any move above 1620 is bullish. Any break down below 1615 will be bearish. 2. ICICI Bank has resistance at 1200. If it manage to break 1200, it will be bullish. However it can trade between 1590 - 1625. 3. Reliance is in range between 3000 - 2950. TRADING PLAN 1.NIFTY OPEN BETWEEN 24350 - 24460: No trade. 2.NIFTY OPEN ABOVE 24460: Wait for a consolidation and break above 24530 decisively. 3.NIFTY OPEN BELOW 24350: Sell any rally to 24400. 4. BANK NIFTY OPEN BETWEEN 50775 - 50950: No trade. 5.BANK NIFTY OPEN ABOVE 50950: Wait for a consolidation and break above 51110. 6.BANK NIFTY OPEN BELOW 50775: Wait for a consolidation and break below 50600 decisively. Alternatively Any weakness at 50800 can be sold into. 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 JUL 202426 Jul 2024 WORLD MARKETS 1. All the world markets are looking bearish. INDIA VIX AND GIFT NIFTY 1. India VIX has shot up to 12.7. 2. GIFT Nifty is indicating a flat opening. INDEX HEAVY WEIGHTS 1. HDFC Bank has closed above 1611 but closed below 1618.5. Any move above 1620 is bullish. Any break down below 1615 will be bearish. 2. ICICI Bank has resistance at 1200. If it manage to break 1200, it will be bullish. However it can trade between 1590 - 1625. 3. Reliance is in range between 3000 - 2950. TRADING PLAN 1.NIFTY OPEN BETWEEN 24350 - 24460: No trade. 2.NIFTY OPEN ABOVE 24460: Wait for a consolidation and break above 24530 decisively. 3.NIFTY OPEN BELOW 24350: Sell any rally to 24400. 4. BANK NIFTY OPEN BETWEEN 50775 - 50950: No trade. 5.BANK NIFTY OPEN ABOVE 50950: Wait for a consolidation and break above 51110. 6.BANK NIFTY OPEN BELOW 50775: Wait for a consolidation and break below 50600 decisively. Alternatively Any weakness at 50800 can be sold into. 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
PREMARKET ANALYSIS OF NIFTY AND BANK NIFTY FOR 24 JUL 202424 Jun 2024 WORLD MARKETS 1.World markets are consolidating with a negative bias. INDIA VIX AND GIFT NIFTY 1. India VIX has come down drastically post budget from 15 to 12.5. So we will be entering a range bound movement for a few days. 2. GIFT Nifty is indicating a flat opening as expected. INDEX HEAVY WEIGHTS 1. HDFC Bank is agin taking support at 1615 level. This is a strong support. 2. ICICI Bank has taken support at 21 SMA at 1220. Resistance is between 1230 -1240. 3. Reliance has strong resistance at 3000. ANALYSIS 1. Nifty has closed flat supported by TITAN and ITC. Banking index is looking bearish. after a drop of 500 points it may get rangebound between 51500 -52000. TRADING PLAN 1. NIFTY OPEN BETWEEN 24340 -24620 : Buy any dip to 24350 - 24400 levels. 2. NIFTY OPEN ABOVE 24620: Buy any dip to 24500. 3.NIFTY OPEN BELOW 24340 : Sell any rally to 24400 levels. 4.BANK NIFTY OPEN BETWEEN 51450 - 52100 : Sell any rally to 52100 and fall below 51900. 5.BANK NIFTY OPEN ABOVE 51100: Sell any consolidation and break below 51900. 6. BANK NIFTY OPEN BELOW 51450 : Buy any consolidation and break above 51630. 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 18 JUL 202418 Jul 2024 WORLD MARKETS 1. All the world markets are correcting. The elections and the events post campaigning may have negative effect on the markets. INDIA VIX AND GIFT NIFTY 1. India VIX is above 14 indicating an increase in volatility. 2. GIFT Nifty is indicating a downtick of 40 points. This amounts to 120 points in bank nifty at 52200. INDEX HEAVY WEIGHTS 1. HDFC BANK is taking support at 1200 and resistance is at 1235. 2. ICICI Bank has resistance at 1250. Good support is at 1230. 3. Reliance has support at 3130. Any break of this will be bearish. Next support is at 3120. ANALYSIS. 1. Market is consolidating with a positive bias. This consolidation is mainly due to budget on 23 July 2024. We may see more consolidation with a negative bias. Any action can only be seen post 23 Jul 2024. So option buyers has to wait. TRADING PLAN 1. NIFTY OPEN BETWEEN 24590 - 24632: No trade. 2. NIFTY OPEN ABOVE 24632: Buy any break out above 24660. Any consolidation between 24550 - 24650 is a buy. 3.NIFTY OPEN BELOW 24590: Sell any consolidation and break below 24550. 4.BANK NIFTY OPEN BETWEEN 52480 - 52315: No Trade. 5.BANK NIFTY OPEN ABOVE 52480 : Buy any consolidation and break above 52700. But see if there is any pull back happen at 52500. 6. BANK NIFTY OPEN BELOW 52315: Sell any rally to 52500. 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 16 JUL 202416 Jul 2024 WORLD MARKETS 1. US and Europe is looking very bullish. 2. Asia is consolidating with a positive bias. INDIA VIX AND GIFT NIFTY 1. India VIX is up 3.75% indicating an increase in volatility. 2. GIFT Nifty is indicating a flat opening. INDEX HEAVY WEIGHTS 1. HDFC Bank has taken support at 1620. It has resistance at 1645. 2. ICICI Bank has resistance at 1235. If it break 1220, it will be bearish. 1200 seems to be next support. 3. Reliance is moving between 3160 -3210. ANALYSIS 1. Nifty is looking bullish. It has closed above 24500. 2. Bank Nifty is in a range and can be bullish above 52800 and support at 52100. 3. Fin Nifty has goos support t 23500. Resistance can be seen at 23750. 4. Buy on dips will be a good strategy. However this expiry may support option sellers. little scope for option buyers unless one has the the ability to scalp 30 -40 points quickly. TRADING PLAN 1. NIFTY OPEN BETWEEN 24565 - 24610 : any dip can be bought into. 2. NIFTY OPEN ABOVE 24610: Buy any consolidation and breakout above 24635. 3.NIFTY OPEN BELOW 24560: Buy any consolidation and break above 24600. 4.BANK NIFTY OPEN BETWEEN 52595 - 52315 : Buy any dip to 52300 levels. 5.BANK NIFTY OPEN ABOVE 52600 : Wait for a consolidation and break above 52730. Buy any dips. 6.BANK NIFTY OPEN BELOW 52317: Sell any rally to 52500. 7.FIN NIFTY OPEN BETWEEN 23760 - 23630: NO TRADE 8. FIN NIFTY OPEN ABOVE 23750: Buy any dip to 23600. 9. FIN NIFTY OPEN BELOW 23630: Sell any consolidation and break below 23550. 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 JUL 202405 JUL 2024 WORLD MARKETS 1. World markets are looking neutral to bullish. INDIA VIX AND GIFT NIFTY 1. India VIX is below 13 indicating more room for bullishness. 2. GIFT NIFTY is indicating a flat opening. INDEX HEAVY WEIGHTS 1. HDFC Bank made a red candle for the second day. It is heading to 1700 level. However it has strong support at 1726. 3. ICICI BANK has made a hanging man. It is attempting to cross ATH at 1235. 3. Reliance is consolidating with a bullish bias. 3100 remain a strong support. ANALYSIS 1. NIFTY has moved almost 1000 points since 21 Jun 2024. Bank Nifty has moved 2000 points. 2. Some consolidation and pull back may be expected. So better to be cautious. 3. However indices look very bullish. TRADING PLAN 1. NIFTY OPEN BETWEEN 24270 - 24333: NO TRADE. 2.NIFTY OPEN ABOVE 24333: Wait for a consolidation and break above 23400 decisively. However any dip to 24300 will be a buy. 3. NIFTY OPEN BELOW 24270: Wait for a consolidation and break below 24230 levels. However any rally to 24300 and break below 24250 can be accumulated. 4.BANK NIFTY OPEN BETWEEN 53250 - 552950 : NO TRADE. 5.BANK NIFTY OPEN ABOVE 53250: Wait for a consolidation and break above 53300 decisively. However any dip to 53100 can be accumulated. 6.BANK NIFTY OPEN BELOW 52950: Wait for a consolidation and break below 52800 decisively. However any weakness at 53000 can be accumulated . 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 03 JUL 202403 JUL 2024 WORLD MARKETS 1. US markets are consolidating and waiting for the FOMC decision and Non farm pay roll. 2. Europe is looking bearish while Asia is looking neutral. INDIA VIX AND GIFT NIFTY 1. India VIX is below 15 indicating bullishness. 2. GIFT NIFTY is indicating 50 points uptick at 24180 levels. This amount to 52300 levels. INDEX HEAVY WEIGHTS 1. HDFC Bank has good support at 1720. It may consolidate in the range of 1720 - 1735. 2. ICICI Bank is looking bearish. But it has multiple support at 1175. However there is strong resistance at 1195. 3. Reliance has support at 3100. Any move above 3150 will be bullish. TRADING ANALYIS 1. Indices may consolidate between 52000 to 52500 levels and 24000 to 24200 levels. TRADING PLAN 1. NIFTY OPEN BETWEEN 24172-24070 : NO TRADE. 2.NIFTY OPEN 24172: Wait for a consolidation between 24100 -24222 and break above 24230. 3.NIFTY OPEN BELOW 24070 : Wait for a break below 21990. 4.BANK NIFTY OPEN BETWEEN 52423 - 519940 : Sell any rally to 52500 and break below 52400. 5.BANK NIFTY OPEN ABOVE 52430: Wait for consolidation and break above 52600. 6.BANK NIFTY OPEN BELOW 51940 : Sell any rally 52200 and break below 52000. 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 02 JULY 202402 JUL 2024 WORLD MARKETS 1. US markets are looking neutral to bullish. 2. Europe is looking bearish. 3. Asia is bullish. INDIA VIX AND GIFT NIFTY 1. India VIX is below 15 indicating bullishness to continue. 2. GIFT Nifty is indicating a flat opening as of now. INDEX HEAVY WEIGHTS. 1.HDFC Bank is consolidating with a bullish bias. it has good support at 1695. It can turn bullish above 1710. 2. ICICI Bank has good support at 1200. It can turn bullish only above 1217. 3.Reliance is consolidating with a bullish bias. 3100 is a good support.It can turn bullish above 3126. ANALYSIS 1.Indices are consolidating with a bullish bias. It may consolidate benefiting option sellers. Option buyers may have to wait for a breakout. Risk reward in range bound will be very less. TRADING PLAN 1. NIFTY OPEN BETWEEN 24190 - 24090 : No Trade. 2.NIFTY OPEN ABOVE 24200 : Buy any dip to 24100. 3. NIFTY OPEN BELOW 24090: Sell any consolidation and break below 24000. 4.BANK NIFTY OPEN BETWEEN 52710 - 52430 : NO TRADE. 5. BANK NIFTY OPEN ABOVE 52720: Buy any consolidation between 52500 - 52720 and a decisive breakout. 6.BANK NIFTY OPEN BELOW 52435: Wait for a consolidation and break below 52300 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 26 JUN 202426 JUN 2024 WORLD MARKETS 1. World markets are looking neutral to bearish. INDIA VIX AND GIFT NIFTY 1. India VIX is below 15 indicating bullishness. 2. GIFT NIFTY is indicating a flat opening with 40 points dip @ 23680. INDEX HEAVY WEIGHTS 1. HDFC Bank is looking bullish. However it may consolidate post 2.3 % up move. 1690 is a good support. 2. ICICI Bank is also looking bullish. It has support at 1196 an1179. 3. Reliance has turned bullish. It has resistance at 2920. ANALYSIS 1. Indices have turned bullish. India VIX is below 15. 2. Bank Nifty may consolidate after a big move. Nifty need to catch up. So we can see some traction in nifty tomorrow. TRADING PLAN 1. NIFTY OPEN BETWEEN 23775 -23665: Any dip to 23600 and move above 23650 is a buy. 2.NIFTY OPEN ABOVE 23775: Buy any dip to 23650level. 3.NIFTY OPEN BELOW 23665: Sell any consolidation and move below 23500. 4.BANK NIFTY OPEN BETWEEN 5230 -52880: Any dip to 52300 and move above 52550 is a buy. 5. BANK NIFTY OPEN ABOVE 52880: Any dip to 52550 is a buy. 6.BANK NIFTY OPEN BELOW 52330: Any dip to 5200 and move above 52330 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:BANKNIFTY
by sam20051968
PRE MARKET ANALYSIS OF NIFTY AND BANK NIFTY FOR 20 JUN 202421JUN 2024 WORLD MARKETS 1. US markets are looking bullish except DJI. 2. Europe is bearish except FTSE. Asia is looking bullish. INDIA VIX AND GIFT NIFTY 1. India VIX is below 13 indicating more bullishness. GIFT Nifty is indicating a flat opening. But we may not sure if it gap up as today. INDEX HEAVY WEIGHTS. 1.HDFC Bank is consolidating after a 3.1 % move. It may consolidate more In the range of 1658 - 1677. 2. ICICI Bank has good support at 1155. 1170 is the next target. 3. Reliance has turned choppy in the range of 2920 - 2970. It is being used to manage Nifty at 23500 levels. TRADING PLAN 1. NIFTY OPEN BETWEEN 23515 - 23617 : Buy any dip to 23500 and move above 23550. 2. NIFTY OPEN ABOVE 23617: Buy any dip to 23550. 3.NIFTY OPEN BELOW 23515: Sell any rally to 23515 and break below 23500. 4.BANK NIFTY OPEN BETWEEN 51620 - 51940 : NO TRADE. 5. BANK NIFTY OPEN ABOVE 23940: Wait for a consolidation and break above 52000 decisively. Avoid buying first break out candle. 6. BANK NIFTY OPEN BELOW 51630 : Wait for a consolidation and break below 51450 decisively. If the break out happen above 51650, then we can add long position, with a stop loss at 51500. 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