subhagghosh

subhagghosh

#banknifty analysis for 14th July'2021 Be cautious 35,800 to 36,300 range, sudden sell-off can be seen. DP:- 35,550 (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...

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#banknifty analysis for 13th July'2021 Period Simple DMA MA20 35027 MA50 34512 MA100 34300 All short & medium term moving averages are bullish. 34,300 to 34,450 will act as strong demand zone. 34,800 area have multi top, which will going to act as resistance until we close above 36,000. DP:- 35,084 (above +ve below -ve) Decision Points :- Important...

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#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...

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#banknifty analysis for 7th July'2021 Use dips around 35,081 to 35,219 nearby areas to go long for higher targets of 36,300. SL 34,875 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...

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#banknifty analysis for 2nd July'2021 Price has closed below 20 DMA (34,968) after a long time and 100 DMA is 34,337 is the next support line. 1. Fresh longs only above 35,000. 2. 34,350 areas should work as support. 3. Any violation of swing low of 33,908 might force liquidation of long positions, which gives a target of 31,00 on downsize. 4. Index is moving...

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#banknifty analysis for 1st July'2021 #expiry Range-Bound with volatile moves, it's tough to trade. The structure is still positive, expect a range round expiry, until 34,600 to 35,400 range breaks. Decision Zone: - 34,830 - 34,860 (above +ve & below -ve) Decision Points :- Important reaction points, which price reacting to movements are 34,357 / 34,653 /...

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#banknifty analysis for 30th June'2021 Decision Line: - 35,045 (above +ve & below -ve) Decision Points :- Important reaction points, which price reacting to movements are 34,653 / 34,874/ 35,095 / 35,410 / 35,647 / 35,810 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...

subhagghosh

#banknifty analysis for 28th June'2021 Decision Line: - 35,095 (above +ve & below -ve) Decision Points :- Important reaction points, which price reacting to movements are 34,653 / 34,874/ 35,095 / 35,410 / 35,647 / 35,810 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...

subhagghosh Updated 

#banknifty analysis for 23rd June'2021 Lower Time Frame Analysis:- It's normal to give a 50% pullback for the move from 33,937 to 35,281. Again 34,450 to 34,600 area is a place to enter long, for higher targets. Larger Picture:- "We are in the up move which started on 3rd May from 32,054, which made high of 35,810 after 1 month on 4th June. Last 2 weeks we...

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#banknifty analysis for 21st to 25th June'2021 We are in the upmove which started on 3rd May from 32,054, which made high of 35,810 after 1 month on 4th June. Last 2 weeks we in correction move (wave 4 of the intermediate trend - Which is ideally 4th wave which ideally 50 % - 33,932 to 61.8% - 33,489 of upmove) We are in ABC correction if we look at the...

subhagghosh Updated 

#banknifty analysis for 18th June'2021 Deleted the whole chart and recreated it, 35,500 zones will be a hurdle zone, still, I see RRR is in favor of long, Oscillators is already in the oversold zone. Note:- Majority of pivot points are in 35100 are and 10 & 20 DMA is placed at 35,060 & 35,081 respectively, till we cross 35,100 selling pressure will...

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#banknifty analysis for 17th June'2021 #expiry Decision Zone (Above positive & below negative bias) :- 34,965 Decision Points (Can either act as support or resistance):- 34,259 / 34,491 / 34,724 / 35,088 / 35,140 / 35,262 / 35,344 The invalidation point of upmove is 34,724 ( which will be SL for longs). One of the best forms of PA action is not to predict but...

subhagghosh

#banknifty analysis for 16th June'2021 Decision Zone (Above positive & below negative bias) :- 34,845 Decision Points (Can either act as support or resistance):- 34,259 / 34,491 / 34,724 / 35,088 / 35,140 / 35,262 / 35,344 The invalidation point of upmove is 34,724 ( which will be SL for longs). One of the best forms of PA action is not to predict but to act...

subhagghosh

#banknifty analysis for 15th June'2021 Decision Zone:- 35,088 - 35,092 Resistance:- 35,350 / 35,550 - 35,650 Support Zone :- 34,930 / 34,801 /34,673 / 34,259 / 33,964 Reduced the time frame to 15 min, to capture intraday moves. I will try to post delta updates on a daily basis or if there is any significant change in structure. One of the best forms of PA...

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#banknifty analysis for week 14th - 18th June'2021 Looks like we are in wave 5 of intermediate trend, which might be an ending diagonal wave and you might observe low volume and momentum ossicular will shart showing divergence. Decision Line:- 34,142 Resistance:- 35,350 / 35,550 - 35,650 Support Zone :- 34,068 / 34,930 / 34,750 / 34,410 - 34,608 All long SL...

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#banknifty analysis for 11th June'2021 Decision Line:- 35,142 Resistance:- 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 to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade. E.g. One of...

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#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...

subhagghosh Updated 

#banknifty analysis for 9th June'2021 Looks like a zig-zag correction, which seems to get over and will move back to the normal course of upmove. The market is well above 20/50/200 DMA and correction seems to be normal for a long entry. Decision Line:- 35,200 Resistance:- 35,370 / 35,550 / 35,960 Support Zone :- 34,950 / 34,844 - 34,717 / 34,410 -...