buy banknifty fut on gap down aroung 48200 sl 43900 tar 48500
Bank nifty has taken good support near 46000. For tomorrow, ideal set will be if it touches 46500 and bounces back. this will be the best place to initiate longs for a 500-1000 points upmove. levels are marked within chart. BNF is respecting the channel so far, a great pattern coming in handy so nicely for such a long time. As per indicators, it's turning...
Sell 47800 Put @ 39 and 50100 Cal @28 for a collective premium of 67. Looking at inda Vix at 16, i feel there is going to be a huge drop in IV also. Please note this is a naked sell, to secure it with defined loss, take counter buy positions on both legs, e.f 50500 call and 47500 Put
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
Bank Nifty may reach at 49600 K as per trendline channel
BankNifty found support precisely at the daily trend line, demonstrating the significance of price action. The decline in BankNifty was attributed to chart patterns rather than any impact from the Israel-Iran conflict.
Please read the notes as mentioned on the chart. Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes. Let you grow. May! I follow you.
The Nifty Bank Index, currently trading at 47,773.25, is exhibiting a near-term downtrend on the charts. Support levels are anticipated around 47,000 and 46,200, suggesting potential areas where selling pressure could subside temporarily. Given this scenario, the recommended trading strategy would be to sell on rallies. The indication of a negative trend is...
Bullish View On Last Q 50% Probability Direction was not clear
48800 remains a strong resistance and the attempt to break has failed multiple times. The market is likely to make one more attempt to touch 50K before returning to 46000 Weekly Support: 47900 => 46650 Weekly Resistance: 48900 Trend: May Reverse to Bearish Strangles on April's second week and above contracts are better option strategies Disclaimer: Investments...
I forgot to give time candle on other stocks, please note the candle mentioned on the chart for all the Indian stocks today. Duration to trade today is 4-10-24 9:59 AM to 4-10-24 2:26 PM Means, if any price of any stock/index is above high of 9:59 candle then buy and keep position till low of 2:26 candle otherwise go in the reverse direction. Disclaimer: I...
Support followed by 48600, 48400 Resistance followed by 48800, 49000
we seen there is triangle formation in banknifty which can give the tgt aprox 50k to 53k as shown in graph
Reason for long a) OIO and IOI set up b) reversal set up powered by QQE c) Weekly breakout d) SL compulsory
Please read the notes as mentioned on the notes and corresponding geometric presentation. Disclaimer: I am not a SEBI registered analyst and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be liable for any of your profits or losses.
Let's wait for the entry. This is for educational purposes only.
3 Wave pattern, chances are in the morning to breakout & touch upside. whether can sustain or not is the question , depends on overall market situation