Farid_Malik

Farid_Malik

Please do share your analysis as well in the comments!

Farid_Malik

This is my trade setup for 28/07/2022. Both Nifty & Banknifty were bullish today. As per OI chart we can clearly see the market is still willing to go further upside. As per my analysis candle din't break the 1day TF Resistance. So the resistance lvl is still valid until its taken. If the day TF resistance lvl is taken tomorrow then we can see good up move....

Farid_Malik

After huge up moves in the few day's today we saw few selling's happened after consolidation. The price fell below the trendline which was marked in 1D TF. This can either be a pullback or consolidate. This opportunity can be used to take shorts. Since Bn couldn't sustain above 36000 lvl because the market has been going bullish since 15th July, buyers are...

Farid_Malik

Gap up opening is possible on 20/07/2022. Wait for an opportunity to enter a trade. It can be quite volatile.

Farid_Malik

I have mentioned everything on the chart itself. This shows my trendlines, zones and targets. Kindly do your own analysis before you take a trade! P.S. - This is only my view/analysis on NIFTY. Cheers!!

Farid_Malik

This is the first time I am posting my view on Banknifty in Tradingview site. I have marked the zones in 1hr TF and the lines in shorter TF. Hope this gives you a view of the trend. P.S. - If I have left out anything kindly comment! Cheers!!