aman_saha

aman_saha

Buy Level = 400-405 Stop Loss Level = 395-398 Target 1 = 425 Target 2 = 450 It can fill the gap but please book 50-60% profit at Target 1. Please comment and let me know if you have any other ideas or observations or queries. Please feel free to reach out to me on Trading View.

aman_saha

Bajaj Auto : Buy Level = Near about 3700 level Safe Stop Loss = 3600 Aggressive Stop Loss = 3560 Target 1 - 3850 Target 2 - 3900 Please comment and let me know if you have any other ideas or observations or queries. Please feel free to reach out to me on Trading View.

02:28

aman_saha

NIFTY - Inverse Head and Shoulders Please comment and let me know if you have any other ideas or observations or queries. Please feel free to reach out to me on Trading View.

04:26

aman_saha

The market is unpredictable; hence prepare yourself accordingly. Please comment and let me know if you have any other ideas or observations or queries. Please feel free to reach out to me on Trading View.

03:39

aman_saha

If the market is within the range, then it doesn't have much space to move. If it breaks the support where the buildup is happening. it can go up to 32700 (1st Target) & 32550 (2nd Target for aggressive sellers). I am mostly biased towards sideways to downtrend. Please comment and let me know if you have any other ideas or observations or queries. Please feel...

aman_saha

Sharp fall is anticipated but after retest of 33350 level. It is not going to allow the retailers to sell so easily. Beware of stop hunting.

aman_saha

I can see a cup and handle formation and 33350 is the resistance which has become weak due to multiple tests, if broken can retest 34650 followed by 34750 level.

aman_saha

A continuation pattern of Head & Shoulder appears to be forming. The right shoulder is yet to form. Tomorrow, I expect the market to be volatile and trending on Wednesday or Thursday. A sharp selling will occur below 33350 level but there has to be a small retracement towards upside before continuing down.

aman_saha Updated 

Once this trendline is broken and market is below 35830 level, a sharp fall is anticipated. We can see a wedge pattern, which is a bearish pattern and if broken we can see a free fall.

aman_saha

Wait Patiently for clear breakout/ breakdown of the triangle pattern. Let one 15 M candle to close outside triangle at least before taking the trade.

aman_saha

Banknifty will become weak below 34650 and we can sell aggressively for a target of 34250 level. Banknifty above 35250 can retest 35900 level. The key levels are identified on the chart. P.S. I was playing football and got severely hurt due to which I was not trading or posting ideas for almost a month. From now on. I will post regularly.

aman_saha

Banknifty has retested the 30850 level already. I am expecting sharp selling below 30220 level. Hence, my plan is mostly sideways to downtrend directional trading and selling call is preferable since IV (Intrinsic Value) will be high and we can get the good premiums. All the imp levels are marked on the chart. Cheers.

aman_saha

BNF is trending for the past 3 days and I am expecting a sideways market. Upper Level - 30900 Lower Level - 30300 If market opens gap up, then it will take support at today's closing price and move up, bc the put side premiums are very high. If market opens flat, then it can continue downwards, but I will be careful towards selling, bc sellers are already in...

aman_saha

BNF will definitely retrace and I am mostly expecting a sideways market bc Annual Budget is near and after that we can see a clear trend. I have marked the Fibonacci levels and expecting BNF to retrace to 38.2 and 50 % levels respectively before continuing the major trend reversal which we can expect since the market is too overstretched.

aman_saha Updated 

I am not very bullish but I am analyzing what I am seeing. If this pattern breaks and the corona vaccine results are successful, there can be a 1000 point rally again. However, if there is a breakout failure, it can come down faster than you can think of. As per tomorrow, the breakout is possible, but I am 50-50 on it and mostly think the market would be...

aman_saha Updated 

ALL the levels have been plotted on the chart. Since budget is on 1st Feb, market can trade in a range ( calm before a storm ), however, we never know what's gonna happen next. Believe in Price and do not take anything else has granted. Please comment and let me know if you have any questions.

aman_saha

NIFTY levels and possible trajectories is plotted. Cheers.

aman_saha

We can see an inverse head and shoulder pattern formed. The interesting part, it is consolidating near right shoulder which is a good sign for a breakout after a build up. Simple things aren't so Simple Cheers.