Omahto

Omahto

BANKNIFTY Intraday Trade Setup For 26 Apr 2024 Bullish-Above 48650 Invalid-Below 48540 T- 48250 Bearish-Below 48050 Invalid-Above 48160 T- 47550 BANKNIFTY has closed on a bullish note with 0.63% gain today. It opened with a big gap down of 400 points and then recovered immediately and ended closing near day high. Seeing today's daily candle if index flat...

Omahto

NIFTY Intraday Trade Setup For 26 Apr 2024 Bullish-Above 22630 Invalid-Below 22580 T- 22810 Bearish-Below 22450 Invalid-Above 22500 T- 22295 NIFTY has closed on a bold bullish note today with 0.75% gain. It is a bold candle as it gaped down 85 points and then recovered till 22625. Tomorrow is likely to be bullish day. Broadly we are still trading between this...

Omahto

BANKNIFTY Intraday Trade Setup For 24 Feb 2024 Bullish-Above 48310 Invalid-Below 48200 T- 48755 Bearish-Below 47890 Invalid-Above 48000 T- 47300 BANKNIFTY has closed almost on a flat note today. It opened with a big gap and was sold into immediately like yesterday. 10 o'clock range was to be used as per setup but index did not break out any side. It traded...

Omahto

NIFTY Intraday Trade Setup For 24 Apr 2024 Bullish-Above 22450 Invalid-Below 22400 T- 22665 Bearish-Below 22340 Invalid-Above 22390 T- 22140 NIFTY has closed on a flat note today. Index opened with a 100 points gap up and then index turned sideways. 10 o'clock range was to be used as per trade setup but index did not break and traded within a tight range of...

Omahto

BANKNIFTY Intraday Trade Setup For 23 Apr 2024 Bullish-Above 48150 Invalid-Below 48040 T- 48665 Bearish-Below 47600 Invalid-Above 47710 T- 47090 BANKNIFTY has closed on a bullish note with 0.74% gain today. It opened with a big gap up and 10 o'clock range was to be used as per setup but index kept itself inside the range. 0.618 was respected so now we have got...

Omahto

NIFTY Intraday Trade Setup For 23 Apr 2024 Bullish-Above 22390 Invalid-Below 22340 T- 22665 Bearish-Below 22190 Invalid-Above 22240 T- 22000 NIFTY has closed on a bullish note with 0.86% gain today. It opened with a big gap up and traded between 10 o'clock range for the whole day. However buy levels was respected as support irrespective of the gap up opening....

Omahto

NIFTY Intraday Trade Setup For 22 Apr 2024 Bullish-Above 22190 Invalid-Below 22140 T- 22405 Bearish-Below 22000 Invalid-Above 22050 T- 21800 NIFTY has closed with a cut of 1.65% last week. Last week we had a bearish view as per the 2nd leg shooting star in weekly TF. Trigger of the bearish move was 22500. Index has respected 50 EMA in daily TF. Now Below 21770...

Omahto

Solara is a Small Cap company and has been under performing since a long time. After a sharp decline since 2021 it went in range in weekly TF for almost 2 years. Stock has given a breakout of the range on Friday with good volume and a range shift in RSI. One can look to build a long position above 500 with 390 as risk for a potential target of 1062. RR looks...

Omahto

NIFTY Intraday Trade Setup For 19 Apr 2024 Sell_1- From 22250 Invalid-Above 22300 T- 22080 Sell_2- Below 21950 Invalid-Above 22000 T- 21750 21585 NIFTY has closed on a bearish note with 0.69% cut today. Last weekend analysis is going well as we discussed that index will be under bear's grip below 22500 as per the effective 2nd leg shooting star candle in weekly...

Omahto

NIFTY Intraday Trade Setup For 16 Apr 2024 Bullish-Above 22430 Invalid-Below 22380 T- 22660 Bearish-Below 22250 Invalid- Above 22300 T- 22050 NIFTY has closed on a complete bearish note with 1.1% cut today. In the weekend we discussed that index has formed a short term top as it formed a 2nd leg shooting star in weekly TF. Only thing is that it opened directly...

Omahto

BANKNIFTY Intraday Trade Setup For 16 Apr 2024 Sell_1- From 48260 Invalid-Above 48370 T- 48000 47750 Sell_2- Below 47700 Invalid-Above 47810 T- 47095 BANKNIFTY has closed on a complete bearish note with 1.63% cut today. We discussed in the weekend that index will be under bear's grip below 48400 (last week candle's low) as it was 2nd leg shooting star which I...

Omahto

BANKNIFTY Intraday Trade Setup For 15 Apr 2024 Bullish- Above 49060 Invalid-Below 48950 T- 49650 Bearish-Below 48450 Invalid- Above 48560 T- 47890 BANKNIFTY has closed on a bearish note last week as it has closed at week low and formed a shooting star candle in weekly TF. I consider only 2nd leg shooting star to trade and last week candle is that. Below 48470...

Omahto

NIFTY Intraday Trade Setup For 15 Apr 2024 Sell_1- From 22660 Invalid-Above 22710 T- 22500 Bearish-Below 22500 Invalid-Above 22550 T- 22300 NIFTY has closed with a bearish sentiment last week. It has formed a shooting star candle in weekly TF that too in the 2nd leg which I personally consider. There is a strong possibility of NIFTY topping out atleast for...

Omahto

BANKNIFTY Intraday Trade Setup For 9 Apr 2024 Bullish-Above 48730 Invalid-Below 48620 T- 49135 Bearish-Below 48400 Invalid-Above 48510 T- 48070 BANKNIFTY has closed on a slight bullish note with 0.18% gain today. It has formed a spinning top candle which is once again neutral and indecisive sign. We will plan a short trade below 48420 however bears will try to...

Omahto

NIFTY Intraday Trade Setup For 9 Apr 2024 Bullish-Above 22710 Invalid- Below 22660 T- 22865 Bearish-Below 22600 Invalid-Above 22650 T- 22420 NIFTY has closed on a bullish note with 0.68% gain today. Index has picked the trend above our planned bullish level- 22620 discussed in the weekend analysis. Buy triggered above 22620 and gave a small move till 22697....

Omahto

BANKNIFTY Intraday Trade Setup For 8 Apr 2024 Bullish-Above 48570 Invalid-Below 48460 T- 49131 Bearish-Below 48200 Invalid-Below 48310 T- 47650 BANKNIFTY has closed on a bullish note with 2.9% gain today. Index is at striking distance to ATH and possibility of ATH breakout is high. Tomorrow will be an deciding day weather index gives a breakout of 48600 to...

Omahto

NIFTY Intraday Trade Setup For 8 Apr 2024 Bullish-Above 22620 Invalid-Below 22570 T- 22830 Bearish-below 22300 Invalid-Above 22350 T- 22090 NIFTY has closed on a neutral note with slight gain of 1.2% gain. However it has closed above 22500 after 6 attempts. The weekly candle is a neutral and indecisive candle, a spinning top. Above its high-22620 we will plan...

Omahto

BANKNIFTY Intraday Trade Setup For 5 Apr 2024 Bullish-Above 48260 Invalid- Below 48150 T- 48800 49150 Bearish-Below 47700 Invalid-Above 47810 T- 47350 46970 BANKNIFTY has closed on a positive note with 0.92% gain today. Both side moves were seen in today's session after a long time. We saw an increase in candle's size and which is due to Expiry and RBI Credit...