Last day Bank Nifty closed in its supply zone @ 26400-26470. Also, this is a middle zone if it’s a major supply and demand zone. If Bank Nifty will manage to sustain above this zone then it may test its next supply zone @ 26800-27050. Sustain above 27050 it may test its next supply zone @ 27150-27300. I am expecting one bounce and don't think so Bank Nifty will...
Above 10450 there are multiple supply zones and on the downside, there is a major demand zone @ 10125-10390. This is the last hope level. Once it sustains below this level the next level is 9850-9775. But it’s not easy to break 10125-10390 straight away. If Nifty will sustain above 10470-10500 then it may bounce to 10585-10680. Above 10585-10680 the next...
Conditional Positional Buy: TCS TCS managed to sustain above 2060-2100 and closed above 2100. Now, 2060-2100 is a very strong demand zone and I am expecting one bounce. Also, the IT Index showing strength from the last 2-3 days. I may buy TCS on Monday If it will sustain above 2100-2110 with the stop loss of 2190 for the target of 2144-2147-2189-2197. I will...
BNF closed below its supply zone @ 27780-27900. On Monday one it will fail to sustain above this zone then it may test its next demand zone @ 27200-27370. In any case, sustaining below 27200-27360 another 1000 points downside range will open. It's next minor support @ 26945 and then next major demand zone @ 26140-26350. Both indexes may be volatile because IVX is...
On Friday Nifty failed to sustain above its current supply zone @ 11920-11025. Now next demand zone @ 10780-10815. 10780-10815 is a last major demand zone for Nifty Once it will sustain below this zone then it may test its next major demand zone @ 10430-10510. There is one minor support @ 11630. Micros (Gold and USDINR) are very strong and it’s...
I am bullish on Gold. Strong support @ 1637 - 1600 and upper side targets are 1710-1750-1765-1780-1800
USDINR Trading Near Crucial Level which is 74.100 to 74.500. If it will sustain above 74.500 then next levels will be 75.35-75.60 and 76.00-76.30 If it will not sustain above 74.500 then next support @ 72.90-73.30.
I think BNF should not sustain below 28800, in any case, if it will sustain then another 800-1000 points downside will open. On the upside, supply zones are 29500-29550 \ 29750 \ 29900-29950. VIX trading above 24 so both sides moment is possible. Its difficult trade with small stop loss.
I think NF should not sustain below 11150. In any case, if it will sustain then another 200-350 (10950-10800) points downside will open. On the upside, supply zones are 11335-11355 \ 11440 and 11570-11590. VIX trading above 24 so both sides moment is possible. Its difficult trade with small stop loss.
Bank Nifty closed between its demand Zone @ 30450-30500. I am expecting one bounce from this level. My view is similar in Bank Nifty also. I don't think I will get the follow-through in a short position. Also, Index is very choppy so I will trade in Option writing instead of long/short Future. find the supply and demand zones in the chart Trade well
Hello, My view is bearish in Nifty. It closed below its demand zone @ 11810-11830 but I am expecting one bounce from here. I don't think so it’s easy to get follow-through in a short position. So, I will avoid a short position in Nifty for tomorrow. Also, Index is very choppy so I will trade in Option writing instead of long/short Future. Find the Demand and...
Hello, Tomorrow I am expecting a sideways range (30450-31000) in Bank Nifty. Also Bank Nifty is stronger than Nifty. Bank Nifty closed very near to its demand zone @ 30450-30500. Tomorrow if Bank Nifty will sustain below this demand zone then I will go short and If it will sustain above this zone then I may short OTM call and Put Options.
Hello, Nifty closed below all its major demand zones. Now the next demand zone is 11810-11840 and the major supply zone is11880 and 11920-11940. Nifty is oversold in a smaller time frame. In any case, if Nifty will come to 11880 and 11920-11940 but not able to sustain above this zone then this will be the fresh selling opportunity. In Any case, NF will sustain...
Hello, Demand Zones:- 30850-31120 31400-31500 Supply Zone:- 30450-30500 30850-31120 is a no-trade zone for me. Once Bank Nifty will sustain below 31850 then I may go short for the target of the next demand zone. Once Bank Nifty will sustain above 31150 then I am short OTM put option.
Nifty is making lower highs and lower low in higher time frame Nifty closed @ 12080 and there are multiple supply and demand zones in 12980-12200. I am Bearish in Nifty but I will trade in Nifty once it will start respecting any supply and demand zone between 12980-12200 or sustaining below 11980 or 12200.
Hello, Bank Nifty closed in its supply zone @ 30800-31020. If BNF will sustain above this zone then it may test its next supply zone @ 31275-31375 but in any case, if it will sustain below this zone then it may test 30650 then it may test lower level. Trade Well
Hello, Nifty closed above its major supply zone @ 12085-12115. The trend will be positive if it will sustain above this zone. Its next supply zone @ 12160-12170. One it will sustain above this zone it may test 12200 and sustain above 12200 it may test 12245-12260 zone. Please Find the supply and demand zones in the chart. Trade Well
Bank Nifty closed in the middle of the Major Demand and Supply Zone. I think I will avoid trading in the Bank Nifty tomorrow. I will take a short long call from support or resistance and this is not a good area to take a fresh trade. I am in wait & watch mode for tomorrow. Trade Well