Nifty Trade Plan for 05 JAN 2022 Nifty looking pretty bullish and bull run seems to continue from yesterday close. Expecting a gap up opening in Nifty around 17840 zones. On opening if PDH is tested and support confirmed, we can possibly look for long opportunity & if R1 is taken out successfully we can expect 18k getting tested. In case PDH & PDC getting...
Bank Nifty Trade Plan for 04 JAN 2022 After a good rally can expect some profit booking today. Expecting a flat to small gap up opening. Expected Range: Downside - 36000 Upside - 37000 Very wide CPR, can expect to be in a range. Any pull back to Bullish Reversal zone(36150) is a buying opportunity in Bank Nifty and expect above targets. On opening if the...
Nifty Trade Plan for 04 JAN 2022 After a good rally can expect some profit booking today. Expecting a flat to small gap up opening. Expected Range: Downside - 17500 Upside - 17900 Very wide CPR, can expect to be in a range. Any pull back to Bullish Reversal zone(17550) is a buying opportunity in Nifty and expect above targets. On opening if 17680 taken out...
Bank Nifty Trade Setup for 29 DEC 2021 Bank Nifty likely to open with a small gap down. If you get a chance and find the Bearish Reversal getting rejected on opening or CPR taken on the lower side we can possibly expect Bank Nifty to test lower targets and possibly close yesterday gap. Going long only if PDH is taken on the upside or once the yesterday gap is filled.
Nifty Trade Setup for 29 DEC 2021 Nifty likely to open with a small gap down. If you get a chance and find the PDH getting rejected on opening or CPR taken on the lower side we can possibly expect Nifty to test lower targets and possibly close yesterday gap. Going long only if PDH is taken on the upside or once the yesterday gap is filled.
Bank Nifty Trade Plan for 28 DEC 2021 Expecting a gap up opening in Bank Nifty. Being a very wide CPR in Bank Nifty today , expecting BN to be in a range. If finds resistace at Bearish Reversal or R1 on opening, we can expect BN to test out Current day CPR . we have a golden pivot zone around 34807 which should act as a good support.
Nifty Trade Plan for 28 DEC 2021. Expecting a gap up opening in Nifty around 17180, Need to watch out the price action on opening few candles could sustain above 17188, then we can possibly expect 17250 targets. Any rejection from R1 levels , we can expect Nifty to retest the previous closing price around 17086. Since CPR being very wide, can nifty to trade in a range.
Bank Nifty Trade Plan for 27 DEC 2021 Bank Nifty expected to open with small gap down. Descending CPR in Bank Nifty, bearishly biased. Any rejection from CPR is a shorting opportunity today. If PDL & S1 is compromised we can expect Target 2 getting testing on lower side.
Nifty Trade Plan for 27 DEC 2021 Nifty expected to open flat to small gap down. Descending CPR in Nifty, bearishly biased. Any rejection from CPR is a shorting opportunity today. If PDL & S1 is compromised we can expect Target 2 getting tested on lower side. I would look for possible long opportunity only when 17075 is taken on upside and sustains.
Expect a gap up opening in bank nifty around previous day high. If that is taken out we can expect previous virgin cpr to be our target 🎯
Expect a gap up opening in nifty around 17140 levels. The first resistance for Nifty is 17200 and if that is taken out we can expect target till earlier Virgin cpr. Any resistance around 17200 we can expect reversal trade.
Nifty Trade Plan for 23 DEC 2021 Expiry Trading Expecting a gap up opening in Nifty around 17100 levels If the first 5 min candle open is again taken on the upside then we can expect 17200 resistance to be tested. After such a gap up opening, any resistance confirmation around 17100 (Virgin CPR zone) we can possible looking for profit booking and we can...
Bank Nifty Trade Plan for 23 DEC 2021 Expiry Trading Expecting a gap up opening in Bank Nifty around 35350-35400 levels. If the first 5 min candle open is again taken on the upside then we can expect 35500 resistance to be tested. After such a gap up opening, any resistance confirmation around 35500-35600 we can possible looking for profit booking and we can...
Bank Nifty Trade Plan for 17 DEC 2021 Expect Bank Nifty to open flat to small gap up. Any resistance forming around Bearish Reversal zone 36761 or CPR is a selling opportunity for the targets of 36400 & below as mapped on the chart.
Nifty Trade Plan for 17 DEC 2021 Expect Nifty to open flat to small gap up. Any resistance forming around Bearish Reversal zone 17301 or CPR break down is a selling opportunity for the targets of 17200 & then 17100 below.
This is 1 HR Bank nifty chart with weekly pivots. Bank Nifty was trading inside the weekly CPR for last 2 trading sessions and was taking resistance around weekly TC. In case of gap up opening and 37080 taken on upside and provides support we can expect higher targets 37300 & higher.
This is 1 HR chart of Nifty with weekly pivots. Weekly BC was giving good support for last 2 trading sessions and bouncing back from the same level. Now 17350 is key level to watch out if taken we can expect 17400 & 17500 levels. In case of a gap up opening, these zones are where i will look for possible trade opportunity.
Bank Nifty Trade Plan for 15 DEC 2021 Expected Bank Nifty to open flat. Marked out the Support & Resistance zones for today trade. Initiate trades based on the price action around these zones. Will update more in live market.