Strong resistance at 38200 Support is placed at 37550 followed by 37250.
Dear traders, I have identified chart levels based on my analysis, major support and resistance levels. Please note that I am not a SEBI registered member. Information shared for educational purpose. Please do take trade based on your own analysis and risk-taking abilities. Never ever worked with fixed mindset. Any news/result data may change the direction of the...
Dear traders, I have identified levels based on my analysis, major support and resistance levels. Please note that I am not a SEBI registered member. Information shared for educational purpose. Please do take trade based on your own analysis and risk-taking abilities. Never ever worked with fixed mindset. Any news/result data may change the direction of the trend...
Dear traders, I have identified Bank Nifty level based on my analysis, major support and resistance levels. Please note that I am not a SEBI registered member. Information shared for educational purpose. Please do take trade based on your own analysis and risk-taking abilities. Never ever worked with fixed mindset. Any news/result data may change the direction of...
Dear traders, I have identified Bank Nifty level based on my analysis, major support and resistance levels. Please note that I am not a SEBI registered member. Information shared for educational purpose. Please do take trade based on your own analysis and risk-taking abilities. Never ever worked with fixed mindset. Any news/result data may change the direction of...
There is a formation of a Shark pattern on the daily chart of the Banknifty Supply Zone: 38000-38430 We might see the banknifty taking pause around these levels and we may see some correction also. RSI is also slightly overbought.
Market is bullish if market opens sideways then buy if market breaks down below 37600 then sell in half quantity for gapup wait for futher priceaction
Bank nifty and nifty gave a nice move and foemed a bullish engulfing candle. The moving averages (20 and 200ema) are close enough. The smaller time frame bearish trend seems to be over and market can carry the moment further. On 15 minute analysis, the market has pushed above its 20 ema and has closed around 36800. Support :- 36475, 36300 Resistance :- 36900,...
we would buy above 36900 and if market opens sideways and breaks downward then sell below 36500
Bank Nifty - If open flat and breakout then go long
1) Bank Nifty at important level if open flat and break resistance then breakout possible. buy above 34720 stop loss 50 to 60 points 2) If open big gap up then wait till it come near support level 34720 (Which is currently resistance) and take one call option position or sell put option stop loss 50 to 60 points 3) If open big gap down then wait till it come...
long above 36030, Keep trailing profit on the resistances drawn, SL 35990 Short below 35970, Keep trailing profit on the supports drawn, SL 36035 you can also do scalping with the help of the lines drawn
as we can see again simple yet affected price action on work again. all the entry and exit levels are marked. this is how I prepare my chart for trading. I hope you will like this traders. important thing. MY BIAS will remain bearish for tomorrow that's why I just gonna take bearish traders tommorow.
Long above 35035, Keep trailing profits on the drawn resistances, SL - 34875 Shorts below 34875, Keep trailing profits on the drawn supports, SL - above 35035 You can also scalp with the help of the the drawn lines.
Long above 35240, Keep trailing profits as per the drawn resistances, SL 35150 Short below 35160, Keep Trailing profits as per the drawn support, SL 35240 You can do scalping with the help of the lines drawn. NOTE : Don't jump into the market as soon as it opens, understand the trend and enter the trade.
Long above 35405, Keep trailing profits as per the resistances mentioned. SL as per your risk up untill 35250 Short below 35270, Keep trailing profits as per the supports mentioned. SL as per your risk up untill 35430 One can do scalping with the help of support and resistance mentioned. NOTE : Please wait for the market to settle down once it opens. Don't...
Banknifty has recovered all the points for previous month in just 1 week, so we could expect consolidation or bearish market in coming weeks. - if market is consolidating around 35000 then we could expect bullish move if it breaks upward.
A) if market opens sideways and breaks 35250 then buy B) if market opens gapdown and it break support then sell C) if market opens gapup then we will se further price-action