mohamedmuzamil008

mohamedmuzamil008

Hello Fellow Traders, Strong Resistance at 23875. If its broken, take a long position. Strong Positive Volume. Target - 24000 SL - 23640

mohamedmuzamil008 Updated 

Hello Fellow Traders, Sorry for late post. Already hit 100 points on BNF in the last 15 mins. Update at 11.15 AM STRONG Support at 23500. If its broken, then SHORT. Else, don't do anything. I repeat, don't take any positions, if its not crossed below 23500 Target - 23200 SL - 23640

mohamedmuzamil008 Updated 

Update at 10.45 AM Based on the Indicator, High Negative Volume and Declines. Strong Support at 24556. If the level is not breached, then this prediction doesn't hold true. If the level is breached, then Short BankNifty, SL - 24646. Target - 24364. Happy Trading! P.S: Take it with a pinch of Salt! NSE:BANKNIFTY

mohamedmuzamil008

BankNifty Indicator based on Volume and Price Action! A classic tool to assist you in taking informed and calculated BANKNIFTY INTRADAY trading positions with confidence. It comes in handy if you are a person having good knowledge on the F&O trading. Not based on any guessing, purely based on Price and Volume. This tool along with Support & Resistance levels...

mohamedmuzamil008 Updated 

As per the Breadth Indicator, Short BankNifty Option Prediction at 11 AM: CMP 21550 Target 1: 21350 Target 2: 21220 SL: 21650 Take it with a pinch of Salt! Happy Trading! NSE:BANKNIFTY

mohamedmuzamil008 Updated 

Prediction at 12:15 PM: SHORT BANKNIFTY OPTION CMP: 22170 NSE:BANKNIFTY Based on the Breadth Tool Analysis, 1st Target: 22024 2nd Target: 21866 SL: 22313 (Strong Resistance at 22285-22325 area) Take it with a pinch of Salt. Happy Trading!

mohamedmuzamil008 Updated 

Hello Fellow Traders, Good Morning. Today, We have witnessed a huge gap up opening. Tool has indicated a SHORT, as per the current volume and price action. Happy Trading! Disclaimer: Take it with a pinch of Salt! www.tradingview.com NSE:BANKNIFTY

mohamedmuzamil008 Updated 

Hello Fellow Traders, Sell Indication based on Volume Advance Dcline and TICK. P.S: Take it with a pinch of salt Happy Trading! NSE:BANKNIFTY

mohamedmuzamil008

Hello Fellow Traders, Created a simple Moving Average Crossover System(10,25) with trailing stop loss and surprised to see the backtesting results. TimeFrame: BANKNIFTY(15 mins time frame) Strategy Enter: MA Crossover(10,25) Strategy Exit: Either at Market Close or Stoploss Backtesting period: 1st Jan 2019 to 31st Mar 2020 Net Profit: 6.54% with a drawdown...

mohamedmuzamil008

Hello Fellow Traders, Today we have witnessed yet another bearish movement due to various factors including but not limited to Corona Virus, Oil Crash and many other factors. Currently, the market reaction is entirely based on global cues and news events and rational/technical aspects of stocks are entirely off the table. So, rather than depending on the...

mohamedmuzamil008

Hello Fellow Traders, During these highly volatile times(due to corona), We doesn't know what direction the market moves. We highly expect it to move downwards, but to our surprise, it may move upside, which has happened TODAY. Thus, trading should not be a guessing game. It has to be based on the overall market sentiments. How the overall trading community is...

mohamedmuzamil008

Hello Fellow Traders, I have created a trading strategy on BankNifty based on Market Internals - Advance/Decline Volume and TICK These Market Internals, also known as Breadth Tools helps in identifying the overall market sentiment. Just doing some technical analysis on Price action doesn't provide good results. Price action along with Volume gives a meaningful...