Nifty50 Spot Levels to watch out for trading on 9th Aug 2021 Long Opportunity: 1. Price breaks out of 16280 and retests the level again is a good support to go long Short Opportunity: 1. Gap down opens below 16200 and stays below 16200 for some time and retested back the 16200 levels is a good resistance zone to short Bank Nifty. Visit utube for Video...
Bank Nifty Spot Levels to watch out for trading on 9th Aug 2021 Long Opportunity: 1. Price breaks out of 36100 and retests the level again is a good support to go long Short Opportunity: 1. Gap down opens below 35690 and stays below 35690 for some time and retested back the 35690 levels is a good resistance zone to short Bank Nifty.
Bank Nifty Spot Levels to watch out for trading on 6th Aug 2021 Long Opportunity: 1. Price breaks out of 36025 and retests the level again is good support to go long 2. Gap down open but takes support near 35685 will act as good support to go long again Short Opportunity: 1. Gap down opens below 35670 and stays below 35670 for some time and retested back...
Bank Nifty Probable Support & Resistance Levels for 3rd Aug 2021 Resistance : 34855, 35180, 35335 Support : 34500, 34365, 34200 Apart from the horizontal support and resistance levels, you can also follow the dynamic support & Resistance levels as marked by dotted trend lines. You can follow me on my blog or utube
34850 and 34700 is the crucial levels in BankNifty for Intraday. You can expect a great move once it breakout in either way. Let it close above or below the range.
Bank Nifty Prediction & Analysis and probable Support & Resistance have been shown. Day Trading Setup For BankNifty Shorting Opportunity You can short ATM PUT Option if BankNifty closes below 34890 or Short BankNifty Future. Long Opportunity You can short ATM PUT Option if BankNifty closes above 35145 or Short BankNifty Future. Target: Resistance Line for Long...
Bank Nifty is likely to move up if it breaks today's High of 35100. Its 1st target is 35320 followed by 35450, and then 35630. In case, Bank Nifty breaks 35630, then you may witness 35750 as well. Moreover, if Bank Nifty opens with a negative note, then the target for downside is 34800, 34650, and 34460 You can check out the Video in YT: Akme Analytics
Reliance looks strong in the chart and breaks downward trendline and retested followed by a bullish candle. So, I am looking to go long in Reliance above 2235 with initial Stop Loss @ 2105 for the First Target of 2365 and 2nd Target of 2495 1st target has a Risk-Reward ratio is 1:1 and 2nd Target has a Risk-Reward ratio of 1:2 If my 1st target achieved then, I...
Red lines are resistance area and Green lines are support area. On Monday, if BankNifty breaks the green trendline, then it may fall further. So, in case it breaks Green trendline then wait for it to retest the Green trendline to enter into a short trade in future or short BankNifty ATM Call option. On the other hand, if it breaks red trendline then wait for it...
I tried to explain how global markets change trends and move parallel. It might help you to understand how all the stock markets are interconnected.
TataMotors is strongly bullish and ready for a breakout. I am planning to add some shares of TataMotors to my portfolio. Entry Criteria: Long Only- TataMotors looks strong above 361 with an initial Stop Loss at 251 for a target of 600 However, I will book partial profit near short term resistance levels @ 432, 485,550, and final 600 Risk:Reward ratio is more than 1:2
Go long if BankNifty breaks 35100 and retest back near 35100 zone area.
Bitcoin Trade Setup - Swing Trading Shorting Opportunity Bitcoin looks weak but that doesn't mean you short it right now. It is forming a triangle pattern and so let it breaks the downside. You can short Bitcoin once it breaks the red supporting zone. If you're a conservative trader, then wait for a break from the red zone and retest the red zone again. If you...
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Banknifty has broken the major trendline. However, it has strong support zone near 36500 levels. Shorting opportunity once it breaks 36500 strongly. Let it break this level and when it retest, you can short Banknifty near 36500. However, you can also short if you found rejection candle near the downward trend line.
BankNifty in crucial zones Long Setup: If BankNifty breaks trendline, then look for possible long opportunity. I will wait for Banknifty to test the trendline or come to blue area once it breaks. Short Setup: If BankNifty gives break out the blue zone, then you might expect downtrend to continue further. I will wait for...