Nifty Trade Plan for 15 DEC 2021 Expected market 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.
Bank Nifty Trade Plan for 14 DEC 2021 Global markets are weaker. Expecting a gap down opening in Bank Nifty. In case Bank Nifty opening below the previous day low and confirms resistance then we can go short and sit for first target of 36600 & if virgin CPR of 8 DEC is taken out we can expect lower targets as marked can be tested.
Nifty Trade Plan for 14 DEC 2021 Global markets are weaker. Expecting a gap down opening in Nifty. In case Nifty opens below previous day low and comes for retest to Previous day low and finds resistance then we can go short and sit for first target of 17270 , if S1 is compromised on lower side we can extend out next target to 17160.
Trade Plan for 13 DEC 2021 Expecting a gap up opening in Bank Nifty. In case BN opens above R1 and sustains above 37263, then we can possibly go long and sit for Target1 - 37392. If 37400 taken out and sustains we can expect 37500. Any resistance from PDH or 37265 we can expect BN to test PDH or CPR levels.
Nifty Trade Plan for 13 DEC 2021 Expecting a gap up opening Nifty. In case Nifty opens above 17600 levels and if you get a chance to test R1 or Bullish Breakout zone of 17582 at opening and confirms a support, then we can expect upper resistance targets 17670 & above. In case 17680 taken out and sustains then we can expect 17820. Any resistance from Breakout...
Bank Nifty opening flat. CPR is resistance to watch out. In case CPR is taken on upside we can side Bearish Reversal zone as first target. Any resistance from CPR we can expect lower targets as identified.
Nifty opening flat ... Watch out for the resistance we marked if that is taken out we can sit for above zone target. In case of any resistance at PDH zone, we can expect Nifty to test out CPR & lower support.
Expecting a gap up opening in case of Bank Nifty. Since being RBI event, wait for post event and in case if BN pullback to Bearish Reversal zone or CPR then we can look out for long opportunity. If Bullish Breakout zone is taken out we can expect higher targets as plotted on charts.
Expecting a gap up opening in Nifty. In case Bullish Breakout is taken out on upside we can expect 17500. Any pull back is a buying opportunity. If you get nifty around Bearish Reversal zone or R1 and support confirmed we can go long. Being RBI event , can expect good volatility hence trade safe.
Bank Nifty Trade Plan for 01 DEC 2021 Bank Nifty looking weaker and closed below the next day CPR levels. Any gap up opening or flat opening, we will look for possible opportunity to sell on CPR rejection or closing price getting compromised on lower side and sit for possible lower targets as plotted on the chart. Expecting market to be in a range rather then...
Nifty Trade Plan for 01 DEC 2021 Nifty looking weaker and any rise to Bearish Reversal zone/CPR is a selling opportunity tomorrow with possible lower target as plotted on the chart. Expecting market to be in a range rather then much trending. Market looks to be sell on rise for tomorrow.
Bank Nifty Trade Plan for 18 NOV 2021 Expecting Bank Nifty to open flat to small gap down today. Bank Nifty good support is found around 37780 and can expect some reversal trade to CPR today. If CPR taken out we can expect it test 38300. Expecting Bank Nifty to be in a range bound today being expiry.
Nifty Trade Plan for 18 NOV 2021 Expecting Nifty to open flat to small gap down today. Nifty had taken good support at previous virgin CPR levels,if that is compromised we can expect Nifty to test out 17800 levels once and find reversals from there. In case if we find some support around 17800-17840 levels we can expect Nifty to again test out CPR levels so we...
Bank Nifty Trade Setup for 17 NOV 2021 Bank Nifty looking weaker by closing below next day CPR levels in yesterday session and also a wider CPR today. Expect to be trading a range today. Expecting a flat to small gap down opening. If previous day low is compromised and 38165 taken out we can expect Banknifty to test 38000 support once. Lot of resistances on...
Nifty Trade Setup for 17 NOV 2021 Nifty looking weaker by closing below next day CPR levels in yesterday session. Expecting a flat to small gap down opening. If previous day low is compromised then the first support is around the bearish Breakout zone of 17900 and then if that is taken out we can expect 17800 to be tested. To go long today only if CPR is taken...
Bank Nifty Trade Plan for 15 NOV 2021 Bank Nifty traded in a very tight range in the previous session and formed a inside day bar on the daily time frame waiting to explode. In case Bank Nifty opens gap up above 18831 and sustains then we can expect BN to test 38900 levels as first target. In case 38930 is taken out we can expect BN to test 39047/39100...
Nifty Trade Plan for 15 NOV 2021 Nifty made beautiful reversal from the monthly pivot in the previous trading session and gave us a good long opportunity and managed to close above the 18100 levels. Nifty has formed a wider CPR on intraday time frame and hoping to be in a range today. In case Nifty opening gap up, we have resistance around 18162-18185...
Bank Nifty Trade Setup for 09 Nov 2021 Bank Nifty had managed to close above 39400 levels showing good strength. In case BN open flat and pull back to CPR finds a support, we can go long with first possible target of 39600/39700. In case of 39650 taken out and sustains we can expect possible next target possible targets as marked on charts. We can expect some...