pshivu

pshivu Sep 5, 2024

Nifty opened gap up and sellers got active as market opened at Supply level. Today at planned levels or marked levels we captured 25 to 40 points on options. Nifty Resistance - 25208-25210 some selling opportunity 25300- sellers active Support- S1 - 25130-25150 levels and if this breaks S2- 25090 S3- 25000-25020 Although Negative bias but need to see how...

pshivu Sep 4, 2024

Nifty key levels - S1/ 25170-25180; S2/ 25150- 25160 S3/ 25100 Markets opened lower on global cues yet Nifty did not see selling as India DII are still bullish and FII had bought in some in previous session. Last session saw a good upmove. 25150-25160 good support and price expected to return here. BankNifty is at resistance and if 51457 level is not broken...

pshivu Jun 29, 2022

30 June Levels Nifty saw a good trending move as compared to BN Nifty levels - 15700 and 15500 are strong support levels while 15900 is strong resistance level based on Call writing Bank Nifty - 33200 is holding well and next strong support 33000 while 33300 and 33500 are Resistance levels the decision to be made based on 15 minute candle closing at levels...

pshivu Mar 10, 2022

Bank Nifty Trade idea for 11 Mar 1. Today personally for me it was a very draining day. Traded in big quantity and 5lac loss was flashing on the screen. Between 9.25 and 9.40 got into messy decisions. I took then a confident trade on 9.45 C and caught the big move to recover the loss of 5 lac and booked a 2.28 profit and exited and closed the terminal. It was...

pshivu Mar 9, 2022

Trade Idea for 10 March 1. Yesterday's idea played out today (Refer chart shared yesterday) 2. Reversal on the bullish side continued and made 1700 points gains in last 2 trading sessions on Bank Nifty Levels for Tomorrow Nifty 16200 S1 - around 16254 16100 S2 - around 16178 Expected moveup 16500 BANK NIFTY 33500 S1 watch 33555 33300 S2 watch 33341 33000...

pshivu Mar 8, 2022

BankNifty Trade Plan for 8th March 1. Today BN saw the reversal considering BankNifty was in the oversold region and 32200 gave strong support with the W pattern. BN has entered the long channel 2. Tomorrow we could see a trending market if it breaks the 33500 levels with a 15-minute bullish candle and will head to 34000 levels to close the previous gap 3....

pshivu Mar 3, 2022

Bank Nifty Trade idea for 4 March 1. Markets are always there to surprise and trick retail traders. While the US markets looked positive and made a big recovery overnight the SGX Nifty did not reflect the gap up. One had to be prepared for downside move without bias 2. Key levels marked on both upside and lower sides. There are plenty of resistance on top...

pshivu Mar 3, 2022

Bank Nifty trade plan for 3rdMarch 1. Markets are pretty much controlled by world markets and war events with very high volatility. Therefore for option buyers best to follow the big candle moves and avoid the volatile zone where price hovers make premium decay 2. Price will see resistance at 35600/35700 zone which I see no trade zone and I will want to wait to...

pshivu Feb 28, 2022

Bank Nifty Trade Plan for 3rd March 1. Indices seem like refusing to fall. Even as US markets and US futures were trading negative, the market gave a lower opening and after 15 minutes formed a W like a pattern and recovered about 600 points up 2. Therefore price action on the chart is king. Especially as options buyer good to trade in the first hour to avoid...

pshivu Feb 27, 2022

Bank Nifty My Trade plan for 28Feb Resistance 37000 and 37200 levels Support 36800 as support in the event of a big gap up and on lower side 36300/ 36000 levels DMA 36875 area is very good. any closing above DMA 36875 area will see strong bullish reversal up move (Have been inactive as I moved to Singapore) BN has formed a Flag and pole pattern in the last...

pshivu Feb 8, 2022

BANK NIFTY Trade Plan for 09 Feb 1. iDEA SHARED YESTERDAY WORKED- sell below 37850 and reversal will be seen in the market at 37500 levels while 37400 marked in chart gave bullish reversal 2. Tomorrow I will only look for Buy opportuinity considering BN has given w pattern and we have a new trandline. Nifty closed above 17200. 3. One can use these levels as...

pshivu Feb 7, 2022

BN Trade Plan for 8 Feb\ 1. Upside 38200 and downside 37650/37700 levels to watch 2. Price can go up and find resistance at 37200 and fall or 3. Price can open flat fall. Sell below 37850 level 4. Can see reversal at 37650 levels else further fall to 37500 levels

pshivu Feb 3, 2022

Trade Idea for Friday 4 February * Bank Nifty has formed an Indise Bar Bearish candle on Daily chart. I see a bearish day followed. Disclaimer- watch global queues on the morning and trade on Price action in live chart 1. Based on what was shared yesterday one trade opportunity at 39150 for a 300 point move. Please check yesterday 2nd Feb blog idea. (4. "If...

pshivu Feb 2, 2022

Trade Idea for 3 Feb 1. BN played out as marked and shared in yesterday trade idea, Clearly buy levels were given on downside and also if market opens gap up and buy above 38900 level. We had a bullish outlook and big move and big profit 2. Bullish Closing on Bank Nifty Daily chart. 3. If Nifty sustains and moves up above 17820 level in first hour then huge move...

pshivu Feb 1, 2022

Bank Nifty Trade Idea for 2nd Feb 1. In the background of the Budget22, FII sold and bought almost same quantity with net sell off at -21 cr while DII bought +1597 Cr 2. BN saw 1200 point range. Not a day to trade for novice beginners. 3. BN reversed from 37700 level from 31Jan level. 4. BUY Zone Today BN has formed a BUY zone at 38050 level a Fib gloden...

pshivu Jan 29, 2022

BN Trade Levels for 31Jan 1. FII still on selling spree. FII funda is that Indian market is pricey as compared to other Asian stocks. FII -5045 2. On hourly chart BN still looking bullish taking support on marked trendline 3. Buy above 37750 upside target 38000 and 38500 in coming days 4. Short below 35550 Disclaimer- do not trade with a bias. Go with...

pshivu Jan 27, 2022

BankNifty 28Jan Levels yesterday levels shared played out beautifully for big profits today if traded at these levels. 1. BankNifty closed again with a bullish piercing kinda pattern on daily chart. 2. Nifty closed 160 point below while Bank Nifty structures on chart look strong gaining 275 points more. Axis, SBI and kotak all performing well. 3. I am...

pshivu Updated  Jan 27, 2022

27 january levels on Bank Nifty FII sold net -7094Cr and DII + 4534 1. After US market ended in green and considering 36400 level of 24jan took support and broke the trendline marked, bank Nifty had a bull run despite Nity was in Red. These situations happen when Nifty is in Red in open and BankNifty in Green. Most of the time when BN shows lot of strength...