Nifty Trade Plan for 16 Aug 2021
Expecting a flattish opening in Nifty .
16544 is breach and gives support on opening we can go long and can expect Target 1 & Target 2
Any pull back to 16483 and good support will give option to go long again with SL below 16437.
If 16437 is compromised then we possibly short sit lower targets and previous Virgin CPR.
Nifty expected to open flat to gap down.
If 16207 is compromised then we can expect to test the breakout zone of 16175.
If 16175 compromised we can sit for lower targets 1 & 2.
Go long in case any closing above 16300 only.
Bank Nifty trade setup for 06 Aug 2021
Bank Nifty looking slightly bearish
If 35960 founds a support we can go long and sit for breakout 36084 and if that is sustained we can expect Target 1 & Target2.
If 35710 gets compromised we can expect BN to test out lower targets and even Previous virgin CPR levels can also be tested out.
Nifty Trade setup for 06 Aug 2021
Expect a flattish to small gap up opening in Nifty.
In case the CPR or Bullish reversal zones holds good on opening we can expect Nifty to test our
Bearish reversal zone of 16332 & if that is taken out we can expect 16371 & higher.
If Bearish breakout below 16218 we can expect the lower targets and the gap might be filled out.
Bank Nifty Trade Plan for 16 June 2021
Today's Trade Setup :
Global clues looks little weak.
Expected Bank Nifty to open slightly gap down.
If Bank Nifty opens gap down, then 35134 & 35040 is the key support and immediate resistance is 35212.
If Bank Nifty finds some support around 35040 it might test out 35212.
If 35040 is taken out it might go to test the...
Nifty Trade Plan for 16 June 2021
Today's Trade Setup :
Global clues looks little weak.
Expected Nifty to open slightly gap down.
If Nifty opens gap down, then 15870 holds the key resistance and 15835 a strong support to watch.
If 15835 is taken out we can expect Nifty to fill the previous gap and test out 15780 & lower.
In case if 15870 is taken on the...
Bank Nifty Trade Plan for 11 June 2021
How chart looks on HTF :
Bank Nifty formed a good bullish candle on daily time frame and managed to close above 35100 levels
Expected Opening :
Expecting a flattish to small gap up opening in Bank Nifty.
Today's Trade Setup :
Bank Nifty looks bullish and managed to close above next day CPR.
If flat or gap up opening, ...
Nifty Trade Plan for 11 June 2021
How chart looks on HTF :
Nifty formed a good bullish candle on daily time frame taking good support from monthly support zone
Expected Opening :
Expecting a flattish to small gap up opening in Nifty.
Today's Trade Setup :
Nifty looks bullish and managed to close above next day CPR.
If flat or gap up opening, watch out for...
Bank Nifty Trade Plan for 10 June 2021
How chart looks on HTF :
Bank Nifty formed a bearish candle on daily time frame and manage to take support at previous support of 34600 levels.
Expected Opening :
Expecting a flattish opening in Bank Nifty
Today's Trade Setup :
Bank Nifty is weak compared to Nifty and expecting a flattish open.
If opening range of 34800...
Nifty Trade Plan for 10 June 2021
How chart looks on HTF :
Nifty formed a bearish candle and managed to close just on the monthly opening price as support.
Expected Opening :
Expecting a flattish to small gap up opening in Nifty.
Today's Trade Setup :
Monthly Support (Purple dotted line) is a good support that was sustained in yesterday's session.
Expecting...
Again FII have invested yesterday and previous session closing looks bullish. Nifty respected our levels and showed good signs of up move and our final target of 15163 levels looks very promising.
Expect Nifty to have a gap up opening achieving new high and physological target of 15k and once that is done we can expect a small pull back to 14940/ 14868 levels....
Again FII have invested yesterday and previous session closing looks bullish. Bank Nifty respected our levels and showed good signs of up move and our final target of 36k levels looks very promising.
Expect bank nifty to open flat to small gap up, hence we will wait for a small pull back and get confirmation around 35413 & 34702 for a long opportunity and sit for...
