Nifty Trade Plan for 28 JAN 2022 Nifty likely to open gap up around 17200 levels. Immediate resistance on the upside is at 17230 & 17300. Any resistance confirmation at these levels we can expect it to come to test CPR. Any good support confirmation at CPR we can go long. CPR getting compromised we can expect PDL to be tested.
Bank Nifty Trade Plan for 27 JAN 2022 Bank Nifty likely to open gap down around CPR. In case BN tests out S1 support or sustains above 37000 on opening then we can expect BN to test 37500 once. I would prefer to go short only if PDL is compromised today. Option selling should be preferred today as CPR is also quite wide today and expect a range bound market.
Nifty Trade Plan for 27 JAN 2022 Nifty likely to open gap down around 16900 levels today. 16900 seems to be a good support, Initial opening range sustains above this 16900 levels then we can expect market to slowly move and test out 17300-17400 levels. I would prefer to go short only if PDL is compromised today. Option selling should be preferred today as CPR...
Nifty Trade Setup for 25 JAN 2022 Nifty expected to trading in a range. Expect a small gap down opening around PDL. If PDL is sustained and managed to sustain 17000 levels on opening few minutes, then we can expect Nifty to test CPR again. If CPR is taken on upside we can expect R1 getting tested. In case PDL is compromised we can expect lower targets.
Bank Nifty Trade Setup for 25 JAN 2022 Narrow descending CPR in BN today. In case BN opens flat and manages to sustain above CPR, then we can expect 37300 to the first resistance to watch out and if that is taken out we can expect 37500. In case CPR is taken on the lower side or on opening CPR giving good resistance we can expect PDL getting tested.
Bank Nifty Trade Setup for 17 JAN 2022 Bank Nifty likely to open gap down. 38500 looks to be strong resistance and 38000 looks to be strong support for today. In case if Bank Nifty CPR is compromised today on lower side we can expect possible test of S1 (38102) Support and if that is compromised PDL (38000) likely to get tested. If PDL is compromised we can...
Nifty Trade Setup for 17 JAN 2022 Nifty likely to open gap down around 18200 levels. 18200 looks to be strong resistance and 18140/ 18000 looks to be strong support for today. In case if Nifty CPR is compromised today on lower side we can expect possible test of S1 (18154) Support and if that is compromised PDL (18120) likely to get tested. Expecting to be a...
Bank Nifty Trade Plan for 13 JAN 2022 Bank Nifty bullish streak is still on, expect a gap up opening around 38900-39000 levels. After a gap up opening, need to wait for the price action in first 15 min before initiating any trade. Unless it sustains above 39k no long opportunity. 39000/39100 are key resistances to watch out , any resistance around those we can...
Nifty Trade Plan for 13 JAN 2022 Nifty bullish streak is still on, expect a gap up opening around 18350 levels. Open opening if 18345 sustains, we will go for long with a small SL below the zone what is marked. I will look for shorting opportunity if i find any rejection at the above zone and we can expect Nifty to test out 17200 zone again.
Bank Nifty Trade setup for 12 JAN 2022 Global markets looks bullish and Bank Nifty expected to gap up around 38620 levels. 38600 zone is a strong resistance, if it sustains and manages to find support above 38630 the we can expect a possible up move to next targets with SL below R1. In case of resistance confirmed around R1 we can expect BN to again test PDC & CPR.
Nifty Trade setup for 12 JAN 2022 Global markets looks bullish and Nifty expected to gap up around 18200 levels. 18200 zone is a strong resistance, if it sustains and manages to find support above 18210 the we can expect a possible up move to next targets. In case of resistance confirmed around 18200 we can possible short and expect Nifty to test 18k again.
Bank Nifty Trade Plan for 11 JAN 2022 Expecting a flat to small gap down opening in Bank Nifty. PDH is strong resistance for today and if taken out we can expect 38500. In case of resistance confirmed around PDC, we can expect BN to test again 38200 / 38100. Any good support confirmation around 38100 we can go long again in BN.
Nifty Trade Plan for 11 JAN 2022 Expecting a flat opening in Nifty. 18000 looks to be strong resistance and Nifty with a wider CPR expecting a possible range bound market. If 18k is taken out we can expect some long position. Inn case if CPR is taken out we can expect 17900 to tested again. Any good support getting confirmed around 17900 we can look for...
Bank Nifty Trade Plan for 10 JAN 2022 Expecting a gap up opening in bank nifty and looking bullish . If bullish breakout is taken out then we can possibly go long and sit for extended targets as plotted on the charts. Any rejection around R1 or Bullish Breakout zone, we can expect BN to be in a range and might test CPR.
Nifty Trade Plan for 10 JAN 2022 Expecting a gap up opening in nifty and looking bullish. If prices above PDH and sustains by confirming support, then we can possibly go long sit for first target of Bullish Breakout zone, if that is taken out we can expect extended targets today. In case if R1 or Breakout breakout zone shows signs of rejection, we can expect...
Bank Nifty Trade Plan for 06 JAN 2022 Global markets showing some bearishness and Bank Nifty is at resistance. Expect Bank Nifty to open gap down around 37500 and might try to find support from CPR. Watch out for the price action around these levels. Expect Bank Nifty to trade in a range today, so 38000 - 37400 strangles would be ideal as per my view. As Per...
Nifty Trade Plan for 06 JAN 2022 Global markets showing some bearishness and Nifty is at resistance. Expect Nifty to open gap down around 17870, which is also our bullish reversal zone. Need to wait for the price action around these and take entries. Expect Nifty to trade in a range today, so 18000 - 17800 strangles would be ideal as per my view. As Per Open...
Bank Nifty Trade Plan for 05 JAN 2022 Expecting a gap up opening around 36900 in and if it sustains above PDH then we can expect first target around 37027 and then 37122. Any resistance around R1 or Bearish Reversal zone we can expect BN to test out CPR zone. Being expiry tomorrow expect BN to be in trading in a range in case if it reverse from R1.