NIFTY & BANKNIFTY - Last Weekly View December Month DECEMBER WEEKLY TGT
NIFTY Futures :
Above 21314 expect to be bullish for rest of the days for this week, targets 21474/21600/21727++
Below 21314, nifty to remain bearish , targets 21217/21100/21060/20800
BANKNIFTY Futures :
Above 47777, bank nifty to remain bullish , targets 48000/48273/48800/49069
Below 47500, banknifty to remain bearish, targets 47200/47000/46150
Trade ideas
NIFTY : 27 -28 DEC TRADE SETUPNifty on Friday closed on bullish note. However, Banknifty formed a bearish setup
On Monday , if nifty Futures trades above 21450 and sustains expect 21680 to test and possibly 21800++ before end of December 2023
On downside, if trades below 21285 expect 100-300 points correction
21100/21021 target
RANGE 21000-21800 for next 3 days
Nifty Future Update ( 19th Dec '23 )Hello Friends,
As market seems to be range bound today.. Now for tuesday, Make sure that any pattern form for bearish side must be catched with the grace of market itself..
Market is extremely bullish but I am not bullish.. One might differ from me..
Let's market go onto the side of bullishness to its extreme..
We would be catching bearish side sooner or later.. Just wait and watch..
If possible don't trade for few days until bearish side gets exhausted..
Stay healthy and safe..
Om Sai Ram..
NIfty Future View ( 18th Dec '23 )Hello Friends, The market is pumping to its extreme but we have to stay cautious.. Don't catch the falling knife and the market seems to be like that.
No buying at all.. I would like to reiterate for the sell only..
Below 21470, Only think for the sell..
Stay healthy and stay safe..
Om Sai Ram..
Nifty Future Result ( 14 -15th Dec '23 )Hello Guysssss..
Market is going upside and broke the hurdle of 21247-370 that I gave on Nifty Future counterpart.. It's not necessary that the market respect our levels, rather we have to respect the market..
Market is showing upside only so we need to trade accordingly with strict stoplosses..
Because too much greed in market create chaos and bubbles which anytime could burst..
Stay trade and stay healthy..
Om Sai Ram..
Nifty Future View ( 14 - 15th Dec '23 )Hello friends, Hope you all are fine..
I am telling you the levels of nifty future for selling are 21247-370.. Heavy selling would be seen from these levels.. Today is nifty options weekly expiry so today you might see the rangebound market but moreover the ball is in the court of sellers..
Be bearish and might one take bearish position according to his risk appetite.. One heavy retracement must be seen on nifty to go further bullish..
Stay healthy and stay safe..
Om Sai Ram..
Gift Nifty - Live Market Analysis
Please check the notes mentioned on the chart. Time of the candle mentioned on the chart is pivotal in nature. Will decide the trend today.
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.
NIFTY - MAX PAIN OF ALL STOCK AND HOW TO TRADE
Max pain is the level where expiry should happen so that the buyers have maximum loss. Data shows that almost all the stock are trading above the max pain level for this month. This data usually remains the same between Friday and Tuesday. Keeping an eye on this, it seems that the market may remain bearish or sideways for the next two days.
1. Whereas overall sentiment of the market is bullish, but max pain for the next two days shows bearish to sideways action.
2. How to trade tomorrow? - No trading before 9:23 a.m. Mark 2.08 p.m. candle of last trading session, 9:23 candle of tomorrow sell below the low of these two candles and if price of any stock crosses high of these then buy only.
3. Mark 1.49 p.m. candle and buy above high of this candle only.
Conclusion: Trade between 9:23 a.m. and 1.49 p.m. only, if price goes down from 9.23 candle the let it go down and watch till 1.49 and buy otherwise go into the opposite direction.
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.