KarniKripaa

KarniKripaa

Banknifty trade plan depends on the opening levels. Since market closed where it opened, but movement was volatile at rejection near to day's high. A good and safe buy would be above today's high and also if price sustain above it. A sell would be good when Price give breakout of today's high and fails to sustain above it i.e false breakout. Either way,...

KarniKripaa

We are having exceptional move in Nifty. Nifty chart looks like a stock chart in momentum. We have Thursday expiry is approaching and tomorrow's market can make a base for expiry set up. Tomorrow play for a small movement like pull back unlike today.

KarniKripaa Updated 

Banknifty did not break day's high yesterday, where is nifty did Banknifty seems to face struggle, so wait for a dip to make position for better RR trade set up.

KarniKripaa

Nifty is holding better then Banknifty at upper levels Do not trade random, trade a pull back or a proper dip of at least previous day's high to be as support.

KarniKripaa

1. Nifty is at ATH 2. Chart is in line with index, but yet to make new ATH 3. Risk to reward is great 4.1:20+ RR trade set up if able to ride the full trend with partials if not full

KarniKripaa

1. Breakout with 8 months consolidation 2.Trend is bullish in all time frame 3. Multiple confirmation on charts and probable bigger returns set up can be seen

KarniKripaa

Banknifty is moving very slow compare to nifty. Nifty has reached its target of the consolidation zone range it was trading in last week & before its breakout. Banknifty is yet to reach its consolidation target range i.e 45600 levels. Best way to trade for this target is keeping friday's low as SL and targeting 45600. However on intraday' wait for a dip for...

KarniKripaa

Nifty is at ATH, a pull back is due is was everyone is expecting Therefore, market will not give a pull back and keep hitting SL every time retailer's make short positions. Trading a pull back could be risky as it will be against the trend. It's a buy on dip only way to trade in favor of trend.

KarniKripaa Updated 

Nifty is at ATH but BN yet to close above ATH. It still shows the attempt buy bulls, but struggle here is for real. there is a possibility to open gap up go lower on intraday and then reverse from resistance turning to support and close above ATH. combining it with nifty a pull back for retest is due, so that makes sense. Let bears digest the fact they failed,...

KarniKripaa

Nifty is trading ATH, now price can go higher or give a pull back to the earlier resistance and again starts its upside rally All we need to do is wait and not chase the price. Place trade only near to support or resistance

KarniKripaa

1. 2 Years consolidation breakout 2. Trend in bullish 3. Market is at ATH 4. 1:4.75 RR trade set up

KarniKripaa

Finally nifty has confirmed breakout at ATH. Technically target is coming 21000+ This is index, imagine the kind of returns you can generate in stocks Aline your stocks with Index and get multi fold returns

KarniKripaa

1. Price is in consolidation for 2 years 2. Market has broken its ATH resistance today, that will lead to many stocks to come out of consolidation. 3. This could be one of the stocks 4. Follow SL on weekly closing basis to trade 1:7.5+ RR trade set up

KarniKripaa

1. Trend changed 2. Breakout confirmed 3. 1:6 RR trade set up 4. ATH is the first target 5. 400 Levels can be the next, depth of the rounding pattern after completion Please follow &like & share for more analysis.

KarniKripaa Updated 

Chart show trapping for sellers It is creating confusion to hunt stop losses. If you just watch closely, you will notice a sharp move will hunt the SL's above the trend line if price has to fall it will not fall easily, it will trap sellers too. direction is still dicey, small scalp trade set up would be a wise thing to do Do not sell near Trendline, it most...

KarniKripaa

Banknifty is creating trap & it looks side ways to bullish as yet Considering current price action,it will create a trap for sellers most likely & hunt stop losses With calculated risk we can get a target of next resistance, Now do not simple enter at support unless you see price showing any kind of reversal or consolidation and then breakout on upside

KarniKripaa

Nifty on intraday looks sell on rise but CMP is trading at support Major trend is bullish we can follow a simple step buy at marked support & sell at marked resistance with 10-20 points SL and 1:3/4/5 RR trade

KarniKripaa

Nifty price action is more clean then banknifty Banknifty can have wild movement as its more looks like trap, where nifty has its clean support and resistance. We will follow a common basic fundamental rule to trade i.e buy at support and sell at resistance. Major trend is bullish, intraday movement can be both ways, but with proper risk of 10-15 points we can...