** Nifty & Banknifty Analysis & Trade setup for 2 Dec**
Market Analysis for 02.12.21 (Thursday )
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* Nifty 50 *
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Support Area Resistance Area
-------------------- -----------------------------------
1st Support Area : 17084.75-17066.23 | 1st Resistance Area : 17202.52-17218.33
2nd Support Area : 16927.74-16950.69 | 2nd Resistance Area : 17324.51-17341.29
* Nifty Bank *
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Support Area Resistance Area
----------------------------- ----------------------------------
1st Support Area : 35534.82-35656.37 | 1st Resistance Area : 36702.09-36784.21
2nd Support Area : 34898.97-34990.32 | 2nd Resistance Area : 37099.53-37218.90
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Expectation : As for tomorrow expecting a positive market.
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Supply and Demand
|| Don't look Back || Nifty & Banknifty Trade setup for 1 Dec
Market Analysis for 01.12.21 (Wednesday )
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* Nifty 50 *
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Support Area Resistance Area
-------------------- -----------------------------------
1st Support Area : 17304.90-17323.40 | 1st Resistance Area : 17713.05-17735.70
2nd Support Area : 17216.70-17233.05 | 2nd Resistance Area : 17635.15-17652.05
3rd Support Area : 17113.25-17129.35 | 3rd Resistance Area : 17549.25-17570.60
* Nifty Bank *
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Support Area Resistance Area
----------------------------- ----------------------------------
1st Support Area : 36591.15-36674.85 | 1st Resistance Area : 37721-37847.85
2nd Support Area : 36189.15-36263.60 | 2nd Resistance Area : 38586.00-38677.30
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Expectation : As for tomorrow every thing has been said in the video.
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** Nifty & Banknifty trade setup for 24 Nov (Beware of Traps)**
Market Analysis for 24.11.21 (Wednesday )
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* Nifty 50 *
---------------------
Support Area Resistance Area
-------------------- -----------------------------------
1st Support Area : 17304.90-17323.40 | 1st Resistance Area : 17713.05-17735.70
2nd Support Area : 17216.70-17233.05 | 2nd Resistance Area : 17635.15-17652.05
3rd Support Area : 17113.25-17129.35 | 3rd Resistance Area : 17549.25-17570.60
* Nifty Bank *
------------------------
Support Area Resistance Area
----------------------------- ----------------------------------
1st Support Area : 36591.15-36674.85 | 1st Resistance Area : 37721-37847.85
2nd Support Area : 36189.15-36263.60 | 2nd Resistance Area : 38586.00-38677.30
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Expectation : As for tomorrow every thing has been said in the video.
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If want to know my Trading Approach for tomorrow. Please stay connected with me.
Jai Hind.
Disclaimer:
This video is only for educational purposes. Please consult your financial advisor before you take any trades. I am not a SEBI Registered Analyst.
** Nifty & Banknifty Trade setup for 23 Nov **
Market Analysis for 23.11.21 (Tuesday )
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* Nifty 50 *
---------------------
Support Area Resistance Area
-------------------- -----------------------------------
1st Support Area : 17294.45-17312.50 | 1st Resistance Area : 17490.30-17509.40
2nd Support Area : 17080.20-17100.20 | 2nd Resistance Area : 17552.25-17564.90
3rd Resistance Area : 17635.15-17647.55
* Nifty Bank *
------------------------
Support Area Resistance Area
----------------------------- ----------------------------------
1st Support Area : 36669.90-36864.55 | 1st Resistance Area : 37787.95-37926.00
2nd Support Area : 36170.10-36263.60 | 2nd Resistance Area : 38586.00-38677.30
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Expectation : As for tomorrow we should look a place where we want to short the market both nifty and banknifty.
The Trend is Bearish. But at this levels we cannot short because the market is all ready oversold.
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** Nifty & Banknifty Analysis for 22 Nov **We can be rich only by adding value to someone's life.
Chose your Risk Reward ration wisely.
Market Analysis for 22.11.21 (Monday )
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* Nifty 50 *
---------------------
Support Area Resistance Area
--------------------------- -----------------------------------
1st Support Area : 17578-17536 | 1st Resistance Area : 17875 - 17857
* Nifty Bank *
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Support Area Resistance Area
----------------------------- ----------------------------------
1st Support Area : 37723-37823 | 1st Resistance Area : 38431 - 38292
2nd Support Area : 37218-37317 | 2nd Resistance Area : 38926 - 39114
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Expectation : As for tomorrow we should look a place where we want to short the market noth nifty and banknifty.
The Trend is Bearish. But at this levels we cannot short because the market is all ready oversold.
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If want to know my Trading Approach for tomorrow. Please stay connected with me.
Jai Hind.
Disclaimer:
This video is only for educational purposes. Please consult your financial advisor before you take any trades. I am not a SEBI Registered Analyst.
** Nifty & Banknifty Analysis for 11 Nov **
Market Analysis for 11.11.21 (Wednesday )
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* Nifty 50 *
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Support Area Resistance Area
--------------------------- -----------------------------------
1st Support Area : 17952.90-17969.00 | 1st Resistance Area : 18044.25-18053.90
2nd Support Area : 17872.55-17890.90 | 2nd Resistance Area : 18087.90-18099.15
* Nifty Bank *
------------------------
Support Area Resistance Area
----------------------------- ----------------------------------
1st Support Area : 38626.70-38741.45 | 1st Resistance Area : 39140.85-39195.05
2nd Support Area : 38390.70-38469.10 | 2nd Resistance Area : 39370.80-39430.65
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Expectation : As for tomorrow Banknifty Looks bearish . People are having Short position in Nifty and Long in Banknifty .
This is what looks like.
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If want to know my Trading Approach for tomorrow. Please stay connected with me.
Jai Hind.
Disclaimer:
This video is only for educational purposes. Please consult your financial advisor before you take any trades. I am not a SEBI Registered Analyst.
Don't Diddle in the Middle Market Analysis for 10.11.21 (Tuesday )
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* Nifty 50 *
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Support Area Resistance Area
--------------------------- -----------------------------------
1st Support Area : 16229.35-16241.70 | 1st Resistance Area : 16267.35-16287.10
2nd Support Area : 16176.10-16195.95 | 2nd Resistance Area : 16321.25-16338.35
* Nifty Bank *
------------------------
Support Area Resistance Area
----------------------------- ----------------------------------
1st Support Area : 39187.30-39224.90 | 1st Resistance Area : 39503.40-39559.95
2nd Support Area : 38936.15-38982.85 | 2nd Resistance Area : 39717.05-39773.50
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Expectation : As for tomorrow we are expecting a Positive Nifty & BankNifty.
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If want to know my Trading Approach for tomorrow. Please stay connected with me.
Jai Hind.
Disclaimer:
This video is only for educational purposes. Please consult your financial advisor before you take any trades. I am not a SEBI Registered Analyst.
Think & Trade Like Banks / Institutions / HNIYes it is possible.
We have been taught many things but not the basics so that the 5% of the whole trading community remains profitable.
The key to producing trading income in the stock markets is having a strategy that anticipates market turns and market moves with a very high degree of accuracy. To do this, you must be able to identify where banks and institutions are buying and selling in the market by looking at a price chart. This means training your eye to identify institution and bank demand and supply by looking at a price chart.
Mentorship InstaView 02 Nov’21: A Day to Consolidate Nifty View: Today's 85 points negative close from the Nifty benchmark index is more of a consolidation post the big +293 points gain we experienced yesterday. The short term trend is still DOWN with immediate resistance at the psychological 18K mark, which has held the index down pretty well. One should continue with a conservative bias and wait for the index to show some more strength, and the first sign of that will be a retest of 18K. If we fail to see this anytime soon, then the chances of an extension on the downside increase. So trade light & with caution.
Please watch the video for a detailed analysis of the index and stocks.
Thank you for following my work and please feel free to share your thoughts and suggestions.
Trade Well. Trade Wise.
Mentorship InstaView 01 Nov’21: Impressive
Nifty View: Benchmark Nifty index impresses with a near 300 points gain in today's trading session. It was a move that was supported well by most of the sectors and heavyweight stocks. In terms of levels, the index at a close of 18,008 will now deal with the immediate short term resistance at the psychological 18K mark. In fact, a closer look at the volume profile and vwap reflects that it is (18,100-18,150) which can act as a stronger resistance for the index. Let us stay cautiously bullish and observe whether the index manages to sustain above 18,000.
Please watch the video for a detailed analysis of the index and stocks.
Thank you for following my work and please feel free to share your thoughts and suggestions.
Trade Well. Trade Wise.
Mentorship InstaView 27 Oct’21: Disappointing yet Hopeful
Nifty View: The Nifty benchmark index disappointed in the final hours of today’s session as it slipped below the 18,200 mark to bounce back marginally at the end. Because we had a solid close yesterday, the index showed no follow-through buying today as it could not make a higher high today. On the contrary, it slips to test the immediate short term support range of (18,200-18,250). We are now at an exciting juncture, and the price action in the subsequent two sessions will add a lot of clarity to the next directional movement.
Please watch the video for a detailed analysis of the index and stocks.
Thank you for following my work and please feel free to share your thoughts and suggestions.
Trade Well. Trade Wise.
Mentorship InstaView 25 Oct’21: Volatility makes a Comeback
Nifty View: Volatility kicks in as the benchmark Nifty index oscillates sharp in today’s trade. At an intraday low of 17,986, the index momentarily broke below the psychological 18K mark, but closed fairly well at 18,145. The underlying short term trend of the index has now turned non-directional but definitely volatile. BankNifty continues to outperform by a significant margin thanks for ICICIBANK which was up over 12% in today’s trade. Considering the spike up in intraday volatility, it’ll be sensible to slow down and trade less or trade with relatively lesser risk.
Please watch the video for a detailed analysis of the index and stocks.
Thank you for following my work and please feel free to share your thoughts and suggestions.
Trade Well. Trade Wise.
Mentorship InstaView 21 Oct’21: Banks Save the Day
Nifty View: A decently volatile day for the benchmark Nifty50 index as it closed down a little over 60 points in today's session. So far, we have three consecutive negative days from the index, losing almost 3% on a high to low basis. The short-term trend is still up, but vulnerable as the index nears the psychological level of 18,000. However it was clearly the banking stocks which saved the day today. Banknifty index was up over 1% led by strong performance from stocks like Kotak Bank and ICICI Bank. Strategically, let's continue with the bullish bias and be careful especially if we are trying to trade mid and small cap stocks. It will be prudent if we focus more on the large gaps at this juncture in the market. Please watch the video for a detailed analysis of the index and stocks.
Thank you for following my work and please feel free to share your thoughts and suggestions.
Trade Well. Trade Wise.
Trade Nifty & Banknifty with Zones & Pattern
MARKET ANALYSIS AND PREDICTION FOR 21.10.21 (THURSDAY )
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* Nifty 50 *
---------------------
Support AreaS Resistance AreaS
--------------------------- -----------------------------------
1ST Support Area : 18242.45-18260.90 | 1ST Resistance Area : 18328.65-18347.60
2ND Support Area : 18174.50-18191.45 | 2ND Resistance Area : 18387.90-18406.10
3RD Support Area : 18033.35-18050.20 | 3RD Resistance Area : 18457.40-18473.10
* Nifty Bank *
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Support Resistance
----------------------------- ----------------------------------
1ST Support Area : 39294.60-39380.65 | 1ST Resistance Area : 39904.30-40009.00
2ND Support Area : 38782.15-38782.15 |
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EXPECTATION : AS FOR TOMORROW I AM EXPECTING A NEGATIVE BankNifty. CHANCES OF Nifty REMAINING
FLAT, RANGE BOUND IS HIGH.
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Mentorship InstaView 18 Oct’21: No Time to Slow Down
Nifty View: Strong momentum continues for the benchmark Nifty index as it gained another 140 points in today’s session. The index has opened with a rising gap in the last two trading sessions. However towards today’s close we did notice some degree of momentum slowdown, which is very much obvious considering the rate at which prices have accelerated over the past few trading sessions. Strategically one should maintain a bullish bias and look to initiate long trades, either fresh breakouts or pullbacks. Please watch the video for a detailed analysis of the index and stocks.
Thank you for following my work and please feel free to share your thoughts and suggestions.
Trade Well. Trade Wise.