Expiry Week Outlook- A Short Video. Thanks
Impulsive sequence unfolding from the tops of 44151 on 14th Dec 2022. From Budget day - 1st Feb 2023, Index has been doing a roller coaster moves so we need to be careful as next downside trend may start soon once key & critical levels are breached on downside.
Thanks
Disclaimer - " This Idea is for Educational Purpose"
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Stock Has Done 6-7 Years of Sideways Correction from 2016 tops of 895 & Getting Ready for Big Impulsive Move Upside Next Holding on the parallel channel bottom & above 400 strictly.
Are You Ready as a Investor. Keep watching next waves for the...
Traders have to be careful as alternate bearish bat with XA 113% rejection zone lies in 41650-41700 zone.
Once you see market commitments then you may also join the force for downside target as mentioned below
41425
41250
41100
Stops - Avoid Selling If fails to fall from the suggested zone 41650-41700
Strong Support Zone 41000-41100 as shown. Looks corrective fall from 41724 Highs, holding above the suggested support zone, Index can re test 41500 / 41700 / 42400 levels upside.
Any selling can be expected only below 41000. Thanks
Index has touched the channel top & close to psychological level of 43000 which is very important from trading perspective.
Any bullish scenario next is strictly if Index trades above 43K or holds above parallel channel else going below 42700 - it will trigger downside
Trigger level
42700
Bias can be negative till the the time Index holds below channel. Thank You
Disclaimer
There is a very high degree of risk involved in trading. Past results are not indicative of future returns.
Short Video Outlook on BankNifty
Support Zone 41700-41800 or close to 42000 - If Index holds & takes support then expect below mentioned targets
42555
42700
43000
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Thanks
Disclaimer
There is a very high degree of risk involved in trading. Past results are not indicative of future returns.
This Video Talks About
Fear & Greed - Two Visceral Emotions
It is very important to control your emotions, to avoid any unfavourable outcomes for the
decision made as an investor or trader in the market
...
Disclaimer
There is a very high degree of risk involved in trading. Past results are not indicative of future returns.
Short Video
The current fall looks very sharp & nature of X-wave from wave analysis perspective & as suggested if 42400-42500 holds then bounce can be expected upside towards 42800 / above 42800 to 43100-43200 / above 43200 for highs of...
Disclaimer
There is a very high degree of risk involved in trading. Past results are not indicative of future returns.
Wishing You All A Happy & Prosperous New Year 2023 !!!
Short Video on Bank Nifty - The last move or idea for year 2022.
Last Price - 43115
Trading Strategy
Plan A - Important Support Zone 42900-43000
Index taking support...
Disclaimer
There is a very high degree of risk involved in trading. Past results are not indicative of future returns.
Short Video Outlook on BankNifty
Plan A Active & Running as published in last idea of 2022
Last Idea Published - 30th Dec 2022
Short Video showing how ending diagonal was witnessed close to 41600 as suggested in last idea. Trade carefully & have a wonderful week ahead.
Last Video Idea - Polarity Reversal at 41840
Wishing you Happy Holidays and a New Year that makes you smile every day. Merry Christmas To All !!!
Disclaimer
There is a very high degree of risk involved in trading. Past results are not indicative of future returns.
Polarity Reversal
Principle of Polarity is the idea that former support turns into resistance, and former resistance turns into...
BankNifty Penultimate Wave - Pattern Repeats - Is This A Warning Sign?
Fractal is a pattern that repeats forever
This short video talks about a fractal pattern which repeats quite often as penultimate waves = 2nd last wave that means only one last wave left
One such pattern was identified in Nifty in 2021 September & Index topped at 18604 later troubling...
