BNF needs to break 23128 to get bulls interested, if it is not broken it might fall again.
Hi, having a good trade thesis is half the job done , rest is observation and execution. Lets make the trade plan simple for the expiry. Key reference at 23800F . Bullish on hold above and bearish on hold below Hold of 23800F we will sell PE's and hold below that we will sell CE's The fact that maxpain is at 23800 also makes it interesting.
After volatile sessions in last few days, BNF looks to be in the minor consolidation before the next leg up. Advice to be buy on dips !!
bank nifty we will see upside move soon
axis bank has taken support @415 level now we can see upside move
NSE:ACC acc upcoming we can see up side needs to hold our level for the given target
We have seen significant range expansion on Friday , expectation is a continuation and hold of the direction. Key areas is 22020-21970 for the downside move to be valid. Downside targets indicated.
Cup on BNF and handle to follow just after monthly expiry.
SELL NIITTECH CMP 1975/2000 SL ABV - 2050 TARGET-1600++
BANKNIFTY we have had 2 nice moves from the trend decider posted on 03-AUG The downside target and bounce off it and then the upside target. We are again trying to hold below the trend decider- with some multiple lows an support below that. Given the correciton yday this is a low risk sort opportunity to test the downside targets
Hello!! Bank nifty ....... now this is at every crucial point can also go above and also down let's see the opening tomorrow it can also gap down 200 pt.s but I think it will gap up 200-400 pt.s. lets see #my_view #learnera
BNF Taking strong support on 21070-21200 zones and now it bounced back from support. can expect it to reach first resistance level within few days.
BANKNIFTY has opened below a major reference zone and staying below 21550 will continue to see weakness for this week ahead. Downside targets on lower side is 21050/20650. Aggressive traders can sell BANKNIFTY Futures with stops above 21850F or sell 21500CE at 250-300 range Safe traders tgt sell of 22000CE at 130 areas.
SL - 21150 T1- 21900 T2-22200 T3- 22800 Time -2-3 days
BANKNIFTY - We had for long marked the range of 21300-550 as a key range for the legs up or legs down, we tested back that range in the fall yesterday and there was enough pace to suggest a potential continuation. Hold below the areas of 21330 ( Trend Decider ) We are looking to test areas of 21050/ 20650 areas.
Long play at these areas for the marked target levels. we had a failed breakdown today and expect the trend decider to hold for the mentioned targets.
NSE:BANKNIFTY yesterday we capped a near perfect expiry trading session in BANKNIFTY, despite choppiness it played well with our trend decider areas. For today While we have opened in spot above trend decider, the futures continue to be within the previous day reference. We have to be mindful of the premiums. From a immediate BNF levels point of view we are...
big up move we can see soon