BANKNIFTY Intraday Trade Setup For 01 Feb 2022 Buy-Above 38200 Sl-38100 T-38500 38800 39000+ Sell-Below 37800 Sl-37900 T-37600 37400 37000 BANKNIFTY has formed a complete inside candle in daily TF. Inside candle is created before a big move. The market is ready to move either side. The high and low of the mother candle will decide the move and direction. 38430...
SPECIALITY Buy-Above 100 Sl-90 T-115 123 130+ The stock is ready to breakout. This a bit aggressive as we are taking positions before trendline breakout. Safe traders can enter after trendline breakout. The stock has made a bullish continuation structure. You can call it a bullish pennant or symmetrical triangle.
INDIANB Buy-Above 150 Sl-130 T-185 195 210+ The stock given a given a trendline breakout in daily TF after making a base at 135-140. However if it sustains above 210 then it can test 260 in mid term.
NIFTY Intraday Trade Setup For 31 Jan 2022 Buy-Above 17200 Sl-17160 T-17270 Sell-Below 17070 Sl-17110 T-17950 17850 NIFTY has formed Inverted Hammer in daily TF. This candle will make sense till its low is safe. Below its low this candle's bullishness will be invalid. Premiums are too high ahead of the big event on 1 Feb, Budget Day. Premiums will be smashed...
BANKNIFTY Intraday Trade Setup For 31 Jan 2022 Buy-Above 38000 Sl-37900 T-38150 38300 Sell-Below 37580 Sl-37680 T-37300 37150 BANKNIFTY has given a downside move after consolidation on Friday's trading session. This sentiment will continue below Friday's low. So we will plan for sell if index opens flat and crosses the level for the target of 37150. But if...
BANKNIFTY Intraday Trade Setup For 28 Jan 2022 Buy-Above 38200 Sl-38100 T-38400 38570 Sell-Below 37700 Sl-37800 T-37500 37400 BANKNIFTY opened with a very big gap down today. Our sell level was 37300 index hit our sell level and fell till 370060 in the 1st 30 min. Index took support from 37000 and bounced till 38000. This move was also captured when intraday...
NIFTY Intraday Trade Setup For 28 Jan 2022 Buy-Above 17190 Sl-17140 T- 17300 17350 17400 Sell-Below 17045 Sl-17100 T-17950 17900 NIFTY opened with a big gap down today and 17000 was breached after a big down. After 17000 was breached this was our sell level also, index hit a low of 17867. Then intraday trendline resistance broke and index moved upwards and...
NIFTY Intraday Trade Setup For 27 Jan 2022 Buy-Above 17310 Sl-17270 T-17410 17500 Sell-Below 17000 Sl-17040 T-17875 16700 NIFTY has given a sharp recovery on Tuesday's trading session. After giving a quick downside move below our sell level it dived about 150 points in just 5 min. Then we saw buyers coming into picture and made a super bullish candle -Hammer....
BANKNIFTY Intraday Trade Setup For 27 Jan 2022 Buy-Above 38000 Sl-37900 T-38150 38300 Sell-Below 37300 Sl-37400 T-37150 37000 BANKNIFTY has hit target of 36500 On Monday. On Tuesday's trading session it has formed a Bullish Engulfing candle in daily TF. As our buy level was triggered index gave a very good momentum upside. On Expiry day if index consolidates...
NIFTY Intraday Trade Setup For 25 Jan 2022 Buy-Above 17190 Sl-17150 T-17290 17300+ Sell-Below 17000 Sl-17040 T-16900 16800 NIFTY has given a straight fall below our sell level 17480.Index fell till 17000.It was a very good trending day and gave good profits. Index will crash below Monday's low. Scary fall can be seen once again below 17000. Index will show...
BANKNIFTY Intraday Trade Setup For 25 Jan 2022 Buy-None Sell-Below 36400 Sl-36500 T-36000 35800 BANKNIFTY as usual triggered short and fell from 37200 till 36400.It was a great day. However it was sideways and noisy till 11 o' clock. We initiated our sell positions when triangle breakdown happened at 11 o' clock. Coming to to morrow's trade ,we may see an...
NIFTY Intraday Trade Setup For 24 Jan 2022 Buy-Above 17710 Sl-17670 T-17820 17900 Sell-Below 17480 Sl-17530 T-17365 17250 NIFTY has formed a doji candle on Friday. The trade setup is based on the high and low of the candle. If we get a closing above 17700 in 15 min TF then we will initiate a buy trade. For selling we nee to wait till 17500 breakdown. In...
BANKNIFTY Intraday Trade Setup For 24 Jan 2022 Buy-Above 37750 Sl-37650 T-38000 38200 Sell-Below 37200 Sl-37300 T-37000 36800 BANKNIFTY has fallen and traded below day low since last 4 trading session. On Friday we saw a rebound, short covering move. This move will continue above Friday's high. We will buy above above 37750 for the target of 38000 and...
BANKNIFTY Intraday Trade Setup For 21 Jan 2022 Buy-Above 38100 Sl-38000 T-38200 38300 Sell-Below 37590 Sl-37690 T-37350 BANKNIFTY continued its downside momentum today also. We planned to sell below 37780 index gave more than 180 points profit in sell side. However index showed weakness when 38000 was broke in the morning only. Coming to Friday's trade setup,...
NIFTY Intraday Trade Setup For 21 Jan 2022 Buy-Above 17800 Sl-17760 T-17900 Sell-Below 17650 Sl-17685 T-17675 17500 As discussed yesterday that we will sell below 17780 index hit all target in sell side. Index fell from 17780 to 17650. 17650 is a important support in daily TF. Index bounced from that level. Coming to tomorrow's trade setup, we will once again...
NIFTY Intraday Trade Setup For 20 Jan 2022 Buy-Above 17960 Sl-17920 T-18060 Sell-Below 17880 Sl-17920 T-17800 17730 NIFTY has shown good profit booking today. We had only sell level in yesterday's analysis. Index opened flat and crossed our sell level 18080 and hit our target 17900. Index is still bearish and profit booking can continue after a big rally we...
BANKNIFTY Intraday Trade Setup For 20 Jan 2022 Buy-Above 38200 Sl-38100 T-38370 Sell-Below 37770 Sl-37870 T-37540 37350 BANKNIFTY as discussed yesterday that we will sell below 38090, it gave 200 points profit in the 1st 15 min only. After that index gave a bounce and once again our sell level was breached and index fell once again 300 points. We will avoid...
NIFTY Intraday Trade Setup For 19 Jan 2022 Buy-None Sell-Below 18080 Sl-18020 T-18000 17900 NIFTY has formed a bear engulfing candle today. Also Index has closed below its previous day low after so many days. Also the trendline has been broken in hourly TF. Index can show some profit booking now. We planned to buy above 18225 but we did not get a perfect green...