Nifty Trade Plan for 26 OCT 2021Nifty looks bullish with a Narrow CPR and managed to close above the CPR and 18100 levels.
In case if Nifty opens flat to small gap up, any pull back to CPR and holds good we can go long with SL below Bullish reversal and sit for first target of 18200 and then if that is taken out we expect 18275.
In case of Bullish Breakout 18275 taken out we can expect 18450 levels to be tested.
I would prefer to short only if Bearish Breakout of 17975 forms a good resistance confirmation.
Tradershedge
Bank Nifty Trade Plan for 22 OCT 2021Bank Nifty Trade Plan for 22 OCT 2021
Bank Nifty looks pretty bullish and small gap up opening expected.
40242 is the first resistance to be watched.
Any reversal at these zones to closing price or CPR is a buying opportunity.
In case of 40242 acts as support we can expect 40455 & higher targets as marked.
Nifty Trade Plan for 22 OCT 2021Nifty Trade Plan for 22 OCT 2021
Expect a gap up opening in Nifty
Narrow CPR today, After gapup opening 18270 is the first resistance to be watched out.
If that is taken out successfully then we can expect 18363.
If Break out confirmed we can expect 18500 levels.
In case of any reversal and CPR will be a buying opportunity.
Bank Nifty Trade Plan for 21 OCT 2021Bank Nifty Trade Plan for 21 OCT 2021
Very narrow CPR in Bank Nifty.
Lot of resistance on the upside for bank nifty , expecting to be a range bound setup today.
Any rejection around the Bullish Breakout zone we can expect BN to again test CPR.
CPR getting compromised on the lower side we can expect below Virgin CPR to provide strong support.
Bank Nifty Trade Setup for 13 OCT 2021Bank Nifty Trade Setup for 13 OCT 2021
Expecting a gap up opening in case of Bank Nifty.
The first resistance to watch out is Bearish Reversal of 38650, if that is taken out we can expect higher levels are marked.
Any resistance from Bearish Reversal zone we can expect CPR to be tested out. We have strong support at 38394.
Nifty Trade Setup for 13 OCT 2021Nifty Trade Setup for 13 OCT 2021
Expecting a gap up opening in case of Nifty.
The first resistance to watch is the Previous session high. If that is taken out on upside then we can expect Nifty to make fresh high.
Any resistance from Bearish Reversal zone we can expect CPR to be tested out.
Bullish Reversal zone of 17952 is a strong support.
Bank Nifty Trade Setup for 12 OCT 2021Bank Nifty Trade Setup for 12 OCT 2021
Bank Nifty it sustains above 38280 , we can expect again go and tested previous swing high.
38087 Bullish Reversal is key to watch out today, Bulls will try to defend this level ,
in case if this compromised we can expect possible test of 37880 & lower.
Nifty Trade Plan for 12 OCT 2021Nifty Trade Plan for 12 OCT 2021
Nifty showed some good profit booking on closing. CPR should act as a good support to good long.
If CPR acts a good resistance we can possibly short and expect Nifty to test Bearish Breakout zone 17834 levels.
In case if that is compromised we can expect the previous virgin CPR levels getting tested. (Target 1 & Target2)
Nifty Trade Plan for 11 OCT 2021Nifty Trade Plan for 11 OCT 2021
If Bullish Reversal provides support & CPR taken out upside
we can expect PDH will be possible first target and if taken out we can expect new highs.
If Break out is confirmed we can possibly expect Nifty
to test Target 2 & even Extended Target Zone at lower support zone
Nifty Trade Setup for 07 OCT 2021Nifty Trade Setup for 07 OCT 2021
Nifty likely to have a gap up opening.
Nifty formed a descending wider CPR and expected opening will be around the CPR levels.
We have bearish reversal zone inside the CPR around 17720, if this resistance holds good nifty sustains below 17720 we can expect nifty test yesterday low and if that is compromised we can expect even 17500 levels.
In case of opening above CPR or CPR taken on upside and bullish breakout zone of 17795 is sustained then we can expect Nifty to test previous day high.
Bank Nifty Trade Plan for 05 OCT 2021Bank Nifty Trade Plan for 05 OCT 2021
Bank Nifty likely to open gap down.
The immediate support for Bank Nifty would be around 37300 zone, if that is compromised we can expect Bank Nifty to test 37126 levels.
In case of this support of 37100 getting compromised we can expect it to again test 36900.
If 37126 holds good and sustains then we can expect a pull back again to 37400 / 37500 zones.
Nifty Trade Plan for 05 OCT 2021Nifty Trade Plan for 05 OCT 2021
Nifty likely to open gap down.
The immediate support for Nifty is around 17543, if that is compromised there is a very good support around 17506 levels.
Any support around these we can expect Nifty to again bounce back. In case if this support is compromised we can expect Nifty to again test 17440 and lower levels.
In case if Nifty sustains above 17500 then we can expect Nifty to again test out 17600 & 17700 levels.
Bank Nifty Trade Plan for 04 OCT 2021Bank Nifty Trade Plan for 04 OCT 2021
Bank Nifty traded in a very narrow range in the last session and managed to close above the next day CPR levels showing some signs of pull back.
Bank Nifty likely to open with a small gap up opening.
37342 is the first resistance to watch out, if that is taken out successfully we can expect Bank nifty to find resistance from previous session Virgin CPR levels which is our Bullish Breakout zone of 37458. If break out is confirmed we can expect possible Target 1 & Target2.
In case CPR is compromised we can expect possible Breakout zone 36994 & lower Target1 & 2.
Nifty Trade Plan for 04 OCT 2021Nifty Trade Plan for 04 OCT 2021
Nifty traded in a very narrow range in the last session and managed to close above crucial support of 17500 levels.
Nifty likely to open flat today to small gap up.
17500 is a strong support for Nifty & any support confirmation on opening we can expect Nifty to again go for retest for Previous session high & if 17560 taken on upside we can expect Bullish Breakout & possible higher targets are marked on chart.
Asian markets on opening today showing some weakness. So expecting Nifty to be again range and if CPR gets compromised we can expect Nifty to again test Previous session low & possible Target 1 & Target 2 & extended target of 17300 levels.
Bank Nifty Trade Plan for 01 OCT 2021Bank Nifty closing on a weaker note.
In case BN opens flat or with a small gap up , 37571 is a strong resistance to watch out.
Any resistance around these levels or CPR getting compromised on lower side we can
look for possible shorting opportunity and sit for 32280 levels.
If 32280 compromised we can expect lower targets as marked on charts.
Nifty Trade Plan for 01 OCT 2021Nifty closed on a bearish note today.
Global parameters looks bearish.
In case Nifty opens flat then Bearish Reversal zone of 17661 is a strong resistance and we can go short.
In case of 17575 getting compromised we can again expect Nifty to go and test 17531 & lower Target 1 & Target 2.
Nifty looks to be sell on rise tomorrow. Once 17704 is taken on upside that when it will turn again bullish.
Nifty Trade plan for 30 Sep 2021 Expiry Day TradeNifty formed an inside day setup up today and we can expect good moves in coming days.
The first resistance to watch out for Nifty would be PDH, once that is taken out we can expect it test out Bullish Breakout zone and that compromised on upside we can expect possible target 1 & Target 2.
In case if CPR is getting compromised we can expect Nifty to test out Bearish Breakout zone and lower.
Bank Nifty Trade Plan for 30 Sep Expiry Day TradeBN managed to close on the bullish node.
Global markets are kind of in a neutral sentiment and Dollar index is on rise which is of little bit of worry.
BN formed an inside day bar today and we can expect some breakout moves in coming days,
tomorrow being monthly expiry and if market opens with the yesterdays range and fails to takeout the previous day high then we can expect again a range bound day.
Bank Nifty Trade Plan for 29 Sep 2021
Expect Bank Nifty to open gap down.
Global weakness withnessed in the last trading session and expecting nifty to open gap down.
Key levels on the lower side to be watched out are Bullish Reversal of 37653 and 37361 levels, Any of the these levels compromised on the lower side we can can expect BN to test out Target 1 and Target 2 (37 K levels).
If that is compromised we can expect 36530 to be tested on the lower side.
Very Narrow CPR and India VIX on high , expect some good volatile market and trade safe.
Nifty Trade Plan for 29 Sep 2021Expect Nifty to open gap down.
Global weakness witnessed in the last trading session and expecting nifty to open gap down.
On opening we can expect possible support around 17650 levels, if that is compromised we can expect Bearish Breakout zone 17564 to the tested. If break out confirmed then we can expect Target 1 & Target 2 to be tested.
Even that is compromised then extended target of 17300 likely to be tested.
Very Narrow CPR and India VIX on high , expect some good volatile market and trade safe.
Bank Nifty Trade Plan for 28 Sep 2021Bank Nifty Trade Plan for 28 Sep 2021
A very narrow CPR in case of BN , can expect some good movement today.
Expecting BN to open flat and if CPR sustains on opening we can expect BN to test bearish reversal zone of 38280 and if previous high is taken out we can expect BN to test Target 1 & Target 2.
In case of CPR getting compromised on lower side or any good rejection from 38280 levels we can expect BN to be in a range and might test Bullish reversal zone 38065 & yesterday's virgin CPR levels.