Tomorrow is Weekly Expiry So Trade Wisely
Next week Strikes are advised
1 Gap Up- Wait till previous day close if its moving upwards then take CE till 17430 if it goes beyond trail SL
2. Flat Opening- If it slowly goes to 17400 and crosses with great volume then CE
3. Gap down opening is avoided till 17250
if it breaks 17250 and going down then PE with strict...
#banknifty view for 12th Aug'21 #expiry
Do you see #banknifty weak?
No, BN at 35,806 is trading above the majority of SDMA (10/20/50/100) and 5 SDMA is 35,903, and the majority of momentum & trend oscillators are in buy mode.
What do I do, go long or go short? I don't see any weakness in the market until 34,861 is breached. Till that time, its buy-in dips the...
#banknifty analysis for 8th July'2021
DP:- 35,500 (above +ve below -ve)
Decision Points :- Important reaction points, which price reacting to movements are 34,653 / 35,095 / 35,358 / 35,555 / 35,800 / 36,126 / 36,293-36,320
E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't.
John Maynard Keynes...
#banknifty analysis for 10th June'2021 #expiry
Zig Zag Correction, leg C is always furious, I still see the market is on the upside.
The wave structure breaks below 34,410.
Decision Zone:- 34,946 - 35,009
Resistance:- 35,142 / 35,370 / 35,550
Support Zone :- 34,844 - 34,717 / 34,410 - 34,608 / 34,142
One of the best forms of PA action is not to predict but...
#banknifty analysis for 27th May'2021 # expiry
Monthly expiry doesn't follow any technicals, it's only about big boys' position adjustment and just follow what they do.
Decision Line:- 34,733
Resistance:- 35,055 / 35,270 / 35,576 / 35,967
Support Zone :- 34,573 / 34,245 / 34,015
20.2 L OI in 35,000 CE (Closed at 89.75 )& 10.3 L OI in 34,500...
... And making money. But instead you choose not to.
I pay money to use this premium service. I do not care about your opinion. Here's my TA so take what you can get.
Have fun and buy the dip. I would set buy orders below 30k just to see if it will go lower over the next few days, if not then I'll buy at 30k which isn't a horrible entry after all it is only...
A second day continuation of a bear trend following a consolidation phase can be just a move to fill the gaps, however Expiry days are different generally, It is a tug of war with ruthless search for premium decay be it any greeks .
We make the above three possibilities based on type of opening.
#banknifty analysis for 20th May'2021 #expiry
Nothing changed from yesterday to today, we are in pullback and till 32,840 holds, use dips to go long for higher targets.
Decision Line:- 33,750 (Above positive & below negative)
Resistance:- 33,918 / 34,245 / 34,509 / 34,772
Support Zone :- 33,664 / 33,368 / 33,129
One of the best forms of PA action is not to...
#banknifty analysis for 12th May'2021 #Expiry
The regression line shows we are moving up only, on a daily time frame we are neutral. This indicates, either we will consolidate or move up. I don't see weakness until we close below 32,500.
Decision Zone:- 32,875 (Above positive & below negative)
Resistance:- 33,150 / 33,297 / (33,320 - 33,455 )
Support Zone :-...
#banknifty analysis for 8th April:-#expiry
Decision Zone:- 32,875 - 33,045
Resistance Zone:- 32,250 / 33,512 / 33,700 / 33,990
Support:- 32,665 / 32,400 / 32,100 / 31,800 - 31,950
There is lots of information in the analysis:- Just need to watch with open eyes and post on comments what you see.
#banknifty analysis for 1st April:-
Decision Zone:- 33,411 - 33,527
Resistance Zone:- 33,698 / 33,990 / 34,360 / 34,650 / 35,100
Support:- 33,310 /33,175 / 33,050 / 32,751 / 32,500 / 31,600
We have mount Everest seating at 34,360 - 34,650 zone, where sell-off might trigger again and if these levels are crossed, we might see...