Looking weaker compared to NIFTY, if we got downward pressure, can fall faster than NIFTY.
The Key targets are High- 34575 34845 34925- Resistance Low- 34116 33963 33681 Support
View is bearish and short can be initiated from 34800 levels
If we open above a resistance, it acts as support and we can likely move towards the next resistance.
understanding trades of Bank nifty future for 29.07.2021 (Thursday Monthly expiry)
Important Levels for 29-07-2021. Unpredictability at its very best, what we witnessed today can make things pretty interesting for tomorrow. Any long position now looks risky, similarly with so many support zones formed today a down move will also be equally risky. Option data for today suggests good amount of Call addition at 34500 and above levels with not that...
Bullish SHARK and Wolfe Wave completed here in bank nifty.
Important Levels for 28-07-2021. Again there was buyer exhaustion at 35150 levels and slowly but steadily the bears gathered control. 34750 levels did stop the rapid fall but unlike previous two sessions was not able to get to higher levels. Looks like a sell on rise market for tomorrow as there has been huge call addition today at 34800 and above levels. Any...
The Key targets are High- 35220, 34969 - Resistance Low- 34490 34333 33963 33681 Support
27 july adf food rocks ..bank nifty face resistance as said in video all goes according to video ...
Its Time to Sell Bank Nifty Around 35000 as Rejection Of Holding Above 35200 Many Times will Drag it Towards 33500 Our Stop loss Above 35200
HI, This video link below box is all about my understanding with the movement of price in the stock market. You will find it quite helpful in your trading just check it yourself and decide. Yogesh Vats
understanding trades of banknifty future for 28.07.2021 (Wednesday).
Expectations for Tomorrow: Range-bound day. Between 35056 to 34875 no trend zone. it will remain chop in this range.do not take any trade in this range. Important Levels:. Buy Above - 35056 for target 1) 35149 2)35243 3)35291 these levels act as resistance. Sell Below - 34875 for target 1) 34815 ...
Important Levels for 26-07-2021. The price rejection was fast once 35100 was crossed and we could see buyer exhaustion at 35050+ levels. Still with the price above major levels going fresh shorts can be a bit risky. We can grab a quick 120-150 points on the downside if we have a flat opening and price going below 34900 with a strict SL at 34950. A gap down opening...
Bullish above 35020 - 35060 for the targets 35180, 35320, 35480, 35600, 35780, 35940 and 36120. Bearish below 34940 - 34980 for the targets 34800, 34680, 34540, 34400, 34260, 34100 and 33880.
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