HELLO PEOPLE........ I CAME ON RECORD HERE ON SUNDAY LAST TO GIVE MY VIEWS ON THE MOON CYCLE ... WHEREIN I SAID THE MARKETS WOULD FALL ON MONDAY GONE BYE...... IT DID..... I AM NOW COMING ON RECORD TO SAY, THAT THE SHORT SELLING END IS ALMOST DONE. MARKETS WILL REACT ON 07/9/20. IF NOT, I WOULD EXPECT RANGE BOUND SESSIONS UPTO 14/9/2020...... AND A SEVERE SHORT...
comment below which side banknifty goes ??
Bank Nifty is looking weak below it's Supply Zone @ 23600-23800. If it will not able to sustain above 23600 then I may short 24000 call option... Once it will sustain below 23500 and if it will give follow through below this level then I may take a short position in Fut for the target of 23250-23200. If it will sustain below 23200 then next target will be 23000.
Bank nifty sep fut will be in sideways tren NSE:BANKNIFTYU2020 d for tomorrow also as per technical analysis.
BANK NIFTY SEP FUT Analysis. Explained in chart please see the chart and try to understand.
If BankNifty sustains below the HVN low of 23531 then revisit of the previous VAH 22440 is possible. There is no interbetween support within the range. Positional short trigger below DBXS - 23383. Weaker global cues may support this move thick and fast.
this is what madras trader selling in 19k lol
-BANKNIFTY IS TRADING IN A RANGE -RANGE OF 23500-24200 FUTURES RANGE -I EXPECT UPSIDE BIAS IN THE INDEX -IF BANKNIFTY BREAKS ABOVE 24200 AND SUSTAINS I WILL BE A BUYER IN THE INDEX -THEN UPSIDE TARGET WILL BE RAISED TO 24750 -SUPREME COURT DECISION ON INTEREST WAIVER IS NOT OUT STILL A OVERHANG -ONCE THE DECISION IS OUT I EXPECT THE MARKET TO RALLY -FALLING...
Banknifty had a severe fall on 31 August, when India and China had some argument near the border in Leh. This triggered a huge sell off from the day's high and Banknifty ended around 3% lower for the day. Today, Banknifty consolidated in a range and this was expected as Banknifty had 2 continuous trending days. Usually after a trending day, a stock or index...
Sell CE of 25500 at spot of 24200 and. 24600 for Sept and October. Buy CE of 26000 to make it bear call spread. Ratio should be 2: 3 for 25500 and 26000 CE Disc : It's not an advise to buy or sell .
Nifty futures has formed Flag limit on daily chart . Levels marked on charts This is only for educational purpose.
educational view in continuation of previous post
I TOOK THIS TRADE AT MARKET CLOSING: Buy 24000 CE 1 lot, Sell 24600 CE 3 lot Buy 24800 CE 2 lot Take at cmp Max risk 3k Profit 10k plus In case of GAP-UP/ GAP-DOWN, do not jump into the trade. There might be some adjustments required.
bank nifty levels...01/09/2020 (1hr Candle)
Bank Nifty Future has seen sell off from Channel Resistance technically, where some negative news has added the spice to the bears. For the September Series 25270- 25300 in the strong resistance and Strategy to sell on the rise should be the plan (CMP 23775) if Bank Nifty Future Closes above 25300 we may see BN again entering bullish zone.