Today Nifty is looking bullish & Option Chain also suggest the same Good number of Puts getting added near by strike. Nifty may consolidate in 15 mins range. Bank Nifty is still bearish Its better to avoid trade for 1st half Today.
Today Nifty will be Sideways or Bearish Up Side is dought Ful. Same is suggested for Price Action & Option Data. There are more calls added then puts from morning. Because Bank nifty is holding the psychological Level or Num 35000 so there no fall till now once it breaks with good candle we may see 15675.
HDFC Bank - Important Level If it breaks this level it will Retest All time High.
Mahindra & Mahindra Financial S - Good Time for Investment RSI* is the Key.
Bank Nifty-Inverted Head & Shoulder Break Out wait for Retest and then enter.
Nifty Is in Ascending Triangle On 15 Mins Chart.
Maruti-Break Out Cup & Handle good to Buy Futures once it Retest the Level of Break Out.
Bank Nifty Forming a Descending Channel or Flag & Pole. Break Out On upside is expected from the channel.
As per PRICE Action & Option Chain Bank Nifty is in Bears Hand it may consolidate or Breakdown. Upside is little doubtful.
Today's Bullish Candle(Not Engulfing) does not have any significant for a buy. Because it is not formed @ Any Support Area Expect Previous All Time High. How Many People will remember and trade All time highs only it happens Yearly once or Twice. This is my view
Good Opportunity for long term investment in Hindustan Zinc @ Important Levels.
Bank Nifty Respecting the Channel expecting a move by this expiry 1000+ points @ 36566.
Don't Enter wait for retest of channel trend line or 200 EMA on 15 mins. Nifty is still in strong zone has taken a support on Yesterday Low.
The Channel Break Down Retested the Channel and fell.
Bank Nifty In Down Channel most likely to break down side 15mins
Nifty is spending time in 15 mins channel once break out or break down happen can expect 50 to 75 points move on either side.
Nifty 15 mins Channel Break Down. To see it in good eye site switch to lower time frame where you will be able to see the price action with good Risk Reward Entry Exit.