Expiry day Blueprint for BankniftyIt has to be interesting and Volatile expiry tomorrow. All the best.
Expiry
Nifty Prediction for 8th Sep.Will alltimehigh will be sustained?Tomorrow is Weekly Expiry So Trade Wisely
Next week Strikes are advised
1 Gap Up- Wait till previous day close if its moving upwards then take CE till 17430 if it goes beyond trail SL
2. Flat Opening- If it slowly goes to 17400 and crosses with great volume then CE
3. Gap down opening is avoided till 17250
if it breaks 17250 and going down then PE with strict stoploss
Huge fall may be expected
Note- If you are getting something then take it and close the terminal dont wait whole day trading
Discipline is Must in market
Recap of Today - Only PE positions were recommended ,at around 12:15 pm, You should have taken 17400 PE and 1st Target was given 17300 it was achieved within no time then you should have closed the terminal and enjoy the profits
Its the MARKET it will give you ample amount of opportunities next day....
Thank you
P.S. Stop loss can Save you
#banknifty view for 12th Aug'21 #expiry#banknifty view for 12th Aug'21 #expiry
Do you see #banknifty weak?
No, BN at 35,806 is trading above the majority of SDMA (10/20/50/100) and 5 SDMA is 35,903, and the majority of momentum & trend oscillators are in buy mode.
What do I do, go long or go short? I don't see any weakness in the market until 34,861 is breached. Till that time, its buy-in dips the market for higher targets.
Do I get a shorting opportunity at higher levels? Yes, might be close to 36,600 to 37,900 areas
Where do you see major support for BankNifty ? 35,211 / 35,404 / 35,596
Where do you see major resistance for BankNifty ? 36,372 / 36,631 / 36,891
DZ:- 35,900
On 4 hour time frame:- 50% & 61% projection is placed at 36,905 & 37,563 which may or may not be achieved.
E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will be short else you won't.
John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Regards,
SG
#banknifty analysis for 8th July'2021 #expiry#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 said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
#banknifty #nifty #expiry
Regards,
SG
Straddle on expiry 34800 and 35000Banknifty is in tight range the expiry can be a huge rally or a fall , neverthless a calculated risk for being around 34800 can be expected to be executed.
#banknifty analysis for 10th June'2021 #expiry#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 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 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 said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Regards,
SG.
#banknifty analysis for 27th May'2021 # expiry#banknifty analysis for 27th May'2021 # expiry
Monthly expiry doesn't follow any technicals, it's only about big boys' position adjustment and just follow what they do.
Decision Line:- 34,733
Resistance:- 35,055 / 35,270 / 35,576 / 35,967
Support Zone :- 34,573 / 34,245 / 34,015
OI analysis:-
20.2 L OI in 35,000 CE (Closed at 89.75 )& 10.3 L OI in 34,500 (Closed at 313.85 )
14.1 L OI in 34,500 PE (Closed at 121 )& 13.4 L OI in 34,000 PE (Closed at 28 )
This clearly shows 34,050 is strong support & 35,100 is strong resistance as per OI and based on chart analysis.
Big move only outside the 34050 to 35100 range.
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 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 said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Regards,
SG
Broke out. All you fudders out there could've been shorting...... And making money. But instead you choose not to.
I pay money to use this premium service. I do not care about your opinion. Here's my TA so take what you can get.
Have fun and buy the dip. I would set buy orders below 30k just to see if it will go lower over the next few days, if not then I'll buy at 30k which isn't a horrible entry after all it is only half of ATH of $65k whatever.
Expiry Day Blue Print for Banknifty for TommA second day continuation of a bear trend following a consolidation phase can be just a move to fill the gaps, however Expiry days are different generally, It is a tug of war with ruthless search for premium decay be it any greeks .
We make the above three possibilities based on type of opening.
#banknifty analysis for 20th May'2021 #expiry#banknifty analysis for 20th May'2021 #expiry
Nothing changed from yesterday to today, we are in pullback and till 32,840 holds, use dips to go long for higher targets.
Decision Line:- 33,750 (Above positive & below negative)
Resistance:- 33,918 / 34,245 / 34,509 / 34,772
Support Zone :- 33,664 / 33,368 / 33,129
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 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 said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Regards,
SG
Banknifty Expiry Day Plan for today banknifty can resume bearish sentiment however we can best fit the above black lines to plan for expiry day .
#banknifty analysis for 12th May'2021 #Expiry#banknifty analysis for 12th May'2021 #Expiry
The regression line shows we are moving up only, on a daily time frame we are neutral. This indicates, either we will consolidate or move up. I don't see weakness until we close below 32,500.
Decision Zone:- 32,875 (Above positive & below negative)
Resistance:- 33,150 / 33,297 / (33,320 - 33,455 )
Support Zone :- 32,733 / (32,455 - 32,611)
SL for positional long, closing below (32,455 - 32,611)
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 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 said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Regards,
SG
Banknifty Expiry Day Range 34000 to 33500 A stangle on both the side bounded by 33500 on lower end with 34000 on upper end is an estimated range, any overnight change must be looked upon with behavior on OI data
GAMESTOP (GME) BULLISH MOVEMENT COMING GME reacted to strong demand and broke the descending trendline.
Now I am expecting price to start to break higher from here, most likely to new all time highs.
Long bias on GME :)
#banknifty analysis for 8th April:-#expiry#banknifty analysis for 8th April:-#expiry
Decision Zone:- 32,875 - 33,045
Resistance Zone:- 32,250 / 33,512 / 33,700 / 33,990
Support:- 32,665 / 32,400 / 32,100 / 31,800 - 31,950
There is lots of information in the analysis:- Just need to watch with open eyes and post on comments what you see.
#banknifty analysis for 1st April:- #expiry #banknifty analysis for 1st April:-
Decision Zone:- 33,411 - 33,527
Resistance Zone:- 33,698 / 33,990 / 34,360 / 34,650 / 35,100
Support:- 33,310 /33,175 / 33,050 / 32,751 / 32,500 / 31,600
We have mount Everest seating at 34,360 - 34,650 zone, where sell-off might trigger again and if these levels are crossed, we might see 36,500.
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 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 said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Regards,
SG
#banknifty analysis for 25th Mar:- #expiry#banknifty analysis for 25th Mar:- #expiry
Decision Zone:- 33,390 -33,490
Resistance Zone:- 33,700 / 34,275
Support:- 33,000 / 32,751 - 32,877 / 32,488 / 32,050.
Daily closing below gap of 33,305 - 33,583 is not at all a good sign, the next support is 32,877 (breakout restest) & 32,751 (61.8% of the fall)zone if this fails to hold we move back to 31,404 (last line of medium-term trend).
I see two reversal areas 32,750 or 31,500, if we don't get a reversal we will move into a medium-term bearish trend.
The move from 29,687.8 to 37,708.75 is 8021 point rally,we have retraced 50% (33,698), current low is 33,203.
38.2% retracement was 34,645 which was breached and we touched 50% retracement, now if today's low is broken, we move toward 61.8% retracement which is placed at 32,751 (last hope for bulls), if this support is breached we head towards 100% retracement towards 29,687.
Important pivot level is 33,800 & 50% fall is 33,698:- Ideally no longer till we cross 34,650 levels and we get a daily closing above this level.
Be-long if, 33,700 holds else to be on the short side.
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 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 said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Ref:- in.tradingview.com
Regards,
SG
Banknifty Expiry Day Range for Tomorrow Banknifty is following a downward trajectory where the bias was clearly bearish in nature out of the data on wednesday. We expect it to expire within the above modest range considering three possibilities .
Banknifty Expiry Range Possibility based on Three ScenarioThe kind of move we got today, reinforces the belief for a comfortable range bound expiry. I tried to be as moderate as possible to carve out the ranges. Lets watch tomorrow how we perform
Banknifty Weekly Expiry Range (futures data)We take three possibilities based on the type of opening. All expected to have same end result
#banknifty analysis for 10th Mar: #expiry#banknifty analysis for 10th Mar: #expiry
8021 point up-move is followed by correction of 3050 points (around 38.2%) and now we are consolidating for 2 weeks.
Currently, the range is 35,100 to 36,100 and the new move will be only outside this range.
Decision Zone:- 35545, above positive & below negative
How to Trade? Play the range of 35100 to 36100 and initiate breakout trade, if range breaks.
Below 35K, you might see pain till 33.5K and above 36K we are back on track to breach ATH.
My basic analysis remains the same:-
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 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 said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Ref:- Elliot Wave 1 H TF analysis:-
Regards,
SG
