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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...

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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...

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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...

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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....

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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...

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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...

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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...

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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...

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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...

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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

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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...

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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...

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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...

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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...

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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...

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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...

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24Jan BN summary 1. FII sell Net -3751 Cr after selling on friday -3148 cr. FIIs are not interested in buying. So should we not move with smart money 2. Spot the first 5 minute candle. Make note, i immediately got ready with put and bought PE 37600 and booked my profit. Even a novice trader would have made good profit. 3. The last session has indicated 36700...

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BankNifty 24 Jan Plan 1. Hourly time frame looks bullish but higher time frame still looks weak 2. Monday I will like to see price action first 30-45 minutes. 3. Levels are marked. I will wait for prices to settle and wait to closely watch Price action at marked levels 4. Global indices closed negative on friday including the US market, FIIs are still selling ...