KarniKripaa

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...

KarniKripaa Updated 

Banknifty is heading toward ATH once again structure is bullish the more time it spend near to it, resistance will be weaker we can see new ATM in coming days Buy on dip should be the good trade idea.

KarniKripaa

Nifty is holding at upper levels A good formation of Cup & handle Buy on dip would be more easier to trade but if you are experienced trader both side momentum can be caught with 10-15 points SL

KarniKripaa

Nifty again bounced from support Bulls are dominating, but holding at upper level is important to break ATH and make a new high. Since momentum are coming 100 points, that means volatility is increasing. So play only around the support and resistance. And most importantly say NO TO RANDOM TRADING.

KarniKripaa

Today banknifty again recovered from support same as on 15/06/2023. Which makes support little dicy, Banknifty intraday can be played out with good 1:4/5 RR around the support & Resistance. Bullish trend changes only above 44500 on closing basis for a day or two.

KarniKripaa

As posted on thursday analysis, price beautifully recovered. Nifty & banknifty both are few points away to break ATH. IN coming days few can see a good momentum. As yet direction is up, however every breakout to be traded carefully

KarniKripaa

Nifty is trade just below the ATH resistance, we are about get some trending days ahead. Best price action for Monday is price opening at fridays close & take support and bounce for the target of ATH resistance. If gap up then we can wait for a pull as small as to fill the gap of friday close and shoot up. Say no to random trading

KarniKripaa

1. 2 years consolidation 2. Near to Breakout level 3. 1:4+ RR trade 4. Trend is bullish in all time frames

KarniKripaa

1. Breakout on daily TF 2. Weekly breakout to watch for to go for short term investing 3.RR is very lucrative with pyramiding perspective from 1:5 or 1:10 RR

KarniKripaa Updated 

1. Falling wedge pattern Breakout 2. Price is trading at support 3. 14 months consolidation 4. Decisive breakout 5. ATH can be seen considering the consolidation and a new ATH can be witnessed

KarniKripaa

1. Price is trading near to ATH zone 2. Price took support at uptrend trend line 3. Major trend is bullish 4. Risk to reward is very lucrative 1:5+ RR

KarniKripaa

Nifty price action is more clear and crisp then banknifty Banknifty is clearly choppy and does not have participation of big player, this price action is more of news awaited to pick a direction. So until the direction is not clear, do not trade with regular qty. But Banknifty will have big move in coming days

KarniKripaa

Price trading in previous day's range Safe trade only out side the range. Monday went in consolidation, today can expect some kind of move. Structure does not seem for a big move on upside but pressure can be seen to push price lower. Good RR trade set up near to marked support & resistance area only with 10-20 points SL and 3/5 time the target.

KarniKripaa Updated 

1. Price taking support of past resistnace 2. Bullish engulfing formation at price reversal point 3. Risk to reward is lucrative 4. Follow candle close for stop loss

KarniKripaa

1. 5 months consolidation 2. Trend is bullish 3. RR is 1:4 4. Price is holding above breakout levels