Nifty, BankNifty and FinNifty intraday analysis for option buy
Market looks like giving a breakout and its making buy on dip structure but has to be cautious for the next trend .
Indices gave a pull back from the previous video downside levels and is ready for a pull back rally. Gave a hammer on 1 hour & 4 hour chart indicating a bullish outlook for upcoming trading sessions
Today nifty gave a flat closing looking to end bearishness amid pullback and so is for banknifty and finnnifty . Structure is slowly turning to bullish but the view remains cautious bullish.Buy on the dip and sell on rise strategy to play with bullishness
Expecting a decline in the coming weeks. Fifth wave extension rule applied. All the best.
Daily Show on NIFTY, BANKNIFTY, FINNIFTY and USDINR, where we try and predict the market direction for tomorrow by technical analysis, Open Interest (OI) data analysis, FII DII data analysis and much more. This show gives insights into the market and is especially useful if you are a beginner who has just started options trading and wants to learn how to trade...