Buy 22900PE @ 48
Sell 23100PE @ 65
Sell 25200CE @ 177
Buy 25400CE @ 134
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy...
Sell 22000PE @14
Sell 26000CE @52
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
I use shorthands for...
As discussed before open in queen's gambit , bank nifty hit a day high of 24764 against our projection of 24724. We sold 25600 CE immediately which went down 60% in no time. Rest of the day was listless , afternoon high was hit around 24570 which was also shorted easily.
kings India weekly challenge ended with a gain of 787% after 26 weeks.
we have almost come...
Bank nifty is running in a uptrend channel and formed a pennant pattern now. Currently it is moving in between important Gann levels i.e 24836 and 24210. A wise trader should wait for breakout/breakdown from this levels instead of pennant.
For bulls- Holding above 24836 levels will push Bank nifty towards 25470.
For bears - Holding below 24210 (More precisely...
#banknifty keeping the analysis simple.
Decision line:- 24,450 above long & below short.
Will prefer to go long above the red resistance line (24,823)
As per wave structure, the minor impulse wave is done & we see a corrective wave in progress.
Yesterday's Posted:- Sell Below 24600 T 24384,24250 and 24125 (two targets got achieved)
My indicators are also in...
Price when compared to previous triangle breakouts it is bigger and the target is near the resistance point. If breaks the triangle up side then 25250 will be the target and there will be some consolidation for the price to settle and then it will once again rise up.
BNF is still in hovering in the channel, it still waiting to be broken for the further big move.
Money Volume is positive currently which can indicate that there's still some move left before a healthy correction for further upmove
As discussed before open in queen gambit , bank nifty hit a high of 24691 against our level of 24654 and it remained in narrow range for most session. Post lunch as I got many messages for some expiry trade , so we shorted bank nifty 24610 and recommended 24400 PE which went 3x in 20 minutes
Support for the day