KarniKripaa

KarniKripaa Updated 

As analysed yesterday price hit upper zone to trap buyers & price fell smoothly also gap and upside move was also predictable with double bottom formation. now as per today's price action market can give momentum only above 19500 and below 19300. Bias is only sell on rise near to resistance. No random trading

KarniKripaa Updated 

Banknifty is forming falling wedge with double bottom formation. Price may push to the up side. Best long trade set up is above 45650, price trade lower to it is only sell on rise with proper risk to reward.

KarniKripaa Updated 

1. Bullish Chart Pattern (Invested H & S) 2. In line with Market 3. Trend is bullish 4. Breakout is pending, there fore risk is small 5. Risk to reward is favorable

KarniKripaa

After continuous rally, nifty is retracing, now with that best trade plan is to sell on rise. Supports will turn into resistance, with new resistance you can trade with 15-20 points SL with 1:4+ RR trade set up

KarniKripaa

Banknifty has broken its structure, that means price is getting into a retracement. Now on intraday its most likely to sell on rise. Wait for support to break and turn it into resistance or if gap up then short near resistance. There is also a probability that market can trap buyers by retesting a recent high and then fall sharply.

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