BANK NIFTY expiry trade set up for tomorrow. Do check the levels and share your views also
Fin nifty in Down Trend and sell entry now, 3rd time touched the diagonal resistance now, so as per fib tool, Target 1 will be 20427 and Target 3 will 20340.
Below mentioned points are discussed in my post analysis video(Fast forward to 3:40 for Hindi Audio) -Opening Trade discussed in yesterday' post market gave 100+ points -Gave a 200 point Long trade in Banknifty. -Lost 100 points profits after 2 pm(tsl hit). -How will i trade when market opens tom.
Below mentioned points are discussed in my post analysis video(Fast forward to 3:40 for Hindi Audio) -Sharing Logic & Orderbook-Easy Expiry. -Good Buy Volumes on Nifty & BankNifty(Explained Many Times) -How i caught the bottom in Nifty -How will i trade when market opens tom.
Below mentioned points are discussed in my post analysis video -Why did i not trade in first half-Expiry Day :( -Buying & Shorting opportunities in banknifty and nifty in the morning. -My idea on expiry day gave 1:2. -How will i trade when market opens tomorrow
2nd Feb ’23-Nifty Banknifty Day Trading Post Market Analysis | Hits & Misses
Hey Friends, My view sideway to bearish tomorrow and again could be a range bound market. Mark today high and low and both could be reverse side good call. lets say it breaks 41800 then it'll come back and we can have a good CE call but do check the bullish hammer or doji at the bottom and vice versa at the top. Thanks,
Hello Guys, Good Morning Everyone, According to the data, the Market is going to open flat today. If the Banknifty opens flat and breaks the last day low, then the down side Banknifty can be seen today. You can open the target for 42800 - 42600 If the Banknifty opens flat and sustains above 43200 till the last day which does not break then there will be no...
The Index rally in yesterday's trading session was excellent, with More than a 1% gain after the 21st of June. Global sentiment is Positive. Crude oil is trading below 100$ after may month, and now waiting for DXY to cool off to keep the momentum on. On the daily chart, the Index is trading on the trend line resistance with a long bullish candle but still needs...
My Analysis of Nifty Looking at the Open interest data 18000 has a very strong resistance with very new call writers at 18000, 18050, 18100,18200, 18300 levels. PCR is 0.5 suggesting that its oversold Max Pain at 18000 Support shown at 17923(100 day moving average on hourly charts) PCR and support suggest that the market might open in the green...
please check level...........................................
Please subscribe and share , refer to the Video for more details
Please refer to the Video for Details *Note : For education purpose only
we try to deduce banknifty's today's expiry range based on price action and volumes. Three possibilities shows different type of opening- Gap up, Gap Down and Flat open
We set the expiry day range for the upcoming expiry day. Blue line denotes Price trading throughout the day below the previous day vwap close. Indicating strong bearish trend. Total Days below PD-VWAP= 5 Days
It is evident that NIFTY is strong and BN is lagged but does that mean a catch up is legit or it is imminent ? Well the week expiry is expected to be a typical one with more than probable expectation
The fact that nifty has been consistently outperforming other indices is itself enough for it to prove the lions den for the bears. Marked the EXPIRY DAY range with three possibilities based on the kind of open.
Bank Nifty is what we can say a strong instrument with much robust liquidity. It has recently on daily timeframe made M pattern fail to regain as a strong upmoving instrument. The bias is bullish. Three possible scenarios arises as per the behavior of the BN on open: thus three possible paths to be a possibility . Any other movement from above these three paths...