WISDOM: "Only a great trader can change his mind...
WISDOM: "Only a great trader can change his mind...
Banknifty is testing the multi day balance lows. Given its Expiry first bet will be to see a hold of these zones. If it Doesn't can see a quick slide to test 36600/300F areas. Refer to the weekly analysis video as well for larger zones.
Have to wait and watch for the next move
sell banknifty around 37180 and then around 37295 sl 37400 trg 36300 sell only when 1 min trend line towards down side breaks... untill then wait that y i have given 2 lvls.. here
Head & Shoulder pattern in BN 15 mins chart. Sell after crossing 36850. Target can be the gap levels 36600-36500 (Round level). We have indecision candle on Daily chart.
BNF (BANKNIFTY Future) Swing trade targets Based on FiB extension.
Weekly Plan for NIFTY & BANKNIFTY We had a consolidation week in NIFTY & BANKNIFTY without a confirmed move on either side. The fact that we have held on the upside range of the Budget day candle, The bias will remain positive until proven other wise. This week we have created a quick video to understand the context and also how VIX is going to be important to...
HOPE THIS WILL HELP OTHERS TO UNDERSTAND ABOUT THE MARKET
We can expect a minor correction with larger trend being positive. However the Pin bar candle formed on daily timeframe can suggest that if correction takes it will be swift.
Intraday Chart Analysis and Levels for 8th February, 2021 Dashed lines and boxes can be major turning points or stalls