Wellcome . Hope we continue the 50K points profit from last FY. We are starting with Nifty Range bound this year in the new flow. let us keep the neutral range as 22300 to 22550 to start and nifty at 22443.
Looking back into daily chart and trying to find similar scenarios in the past which may be a copy of events happening right now in the chart
NIFTY BANK ANALYSIS 16 MAR 24 from the couple of days we have seen bank nifty falling and all indian market bleeding today Nifty bank has created major support area around 47300-47403 from there market has been sustained for full day now i am expecting Nifty bank to reach 48008.00 within 2 days .
Hello Everyone. The market was bearish previous day. If the market opens flat or gap down then we can see bearish trend continuation. If it opens gap up then look for retest and reversal trades only. Only if the resistance side is broken with a 15 minutes candle then only go for CE trades with less targets.
Nifty @ 22185 at 11:04 - Suggests further drop down to 21900 as short sellers are high there. We expect Nifty will be moved down to panic the retail sellers as Pain is at 22000.
As we can see NIFTY can be seen heading towards important psychological level and also the trendline which had been acting as a SUPPORT since last month now. Now till NIFTY sustains itself above our trendline SUPPORT, every dip could be a buying opportunity but if fails to take support then we may see a panic selling in market so plan your trades accordingly.
Far Out of money Strangle. Looking at the current volatility, have taken a comparative safer strangle in bank nifty Combined premium of 44 x 1 lot that is 660
Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00 For 18-04-24 Retail will panic in bottom and start selling. After that a pullback/relief rally will start which may go upto 22300-22350. Exit all long positions near 22350. Create shorts near 22350 with sl 22530 tgt very likely to break current low (Which will be made...
#Banknifty:18th April Step1: if G/D or Flat use 47334 as STOP LOSS.Get long after first 75min. Step2: On G/U wait for dip to buy. SL 47334. Step3: 47655-R1 can book profit. Aggressive traders add more positions. Step4: Final Exit at 48288 - R2.
US said Israel hit Iran and this will impact US equity due to risk on oil. Mostly US equity do not change trend so easily with out testing ket levels.
#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and...
#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and...
NSE:CNXFINANCE fin nifty closed below sell zone while creating a fresh buy zone below for support to move upwards.
banknifty analysis for monday as there is a hdfc result so can be big gap up or gap down
#Nifty Trading in Channel only. Taken support from earlier given range 21800 to 21700. IF 21700 breaks then support at 21550 to 21450. Upper level can tour 23000 +
Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction...
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
Nifty 50 Wave Count And Targets optional counts are in perple Minimum after Ending Diogonal Target 1 21763.10 if turns from here then 21956.45 - 22149.80 Target 2 21487.85 Target 3 21137.20