Supply and Demand
** Take only 1 or 2 Quality Trade on an Expiry Day in Nifty **Good Morning Traders..
Today is Expiry Day i.e., Thursday 09 Dec.
Today i have some free time .
I am going to post my trading idea and also the analysis also. Please respond in the comment section if you are also taking the trade with me or you want to get some more trade ideas.
I am happy to help you all.
**What To Do in an Expiry Day -
i) Decrease your position size(Take 2 to 3 lots ) as there will be a huge theta decay,
ii) Always keep your Stoploss in system ,
iii) Take 2 Quality trades.. if both stoploss hit exit the system..
iv) Control your Emotion and Be disciplined.
I have found one good opportunity so i have shared with you..
If stoploss is hit toh fir sinna tannke lena...
Have a good day.
Jai Hind.
** Trading is a way of life not just an occupation ** ** Nifty & Banknifty Analysis & Trade Setup **
Market Analysis for 03.12.21 (Friday )
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* Nifty 50 *
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Support Area Resistance Area
-------------------- -----------------------------------
1st Support Area : 17281.01-17301.60 | 1st Resistance Area : 17441.65-17428.18
2nd Support Area : 17169.86-17201.72 | 2nd Resistance Area : 17529.79-17553.26
* Nifty Bank *
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Support Area Resistance Area
----------------------------- ----------------------------------
1st Support Area : 35587.68-35762.20 | 1st Resistance Area : 36664.12-36784.61
| 2nd Resistance Area : 37115.96-37251.51
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Expectation : As for tomorrow expecting a positive negative market.
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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 & 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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|| 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 *
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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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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 *
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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 *
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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 *
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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 *
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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 *
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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.