SHORT BANK NIFTYI have shorted since the start of this channel I drew and plan to hold this for couple of weeks
. I’m trading options and futures both short positions for now.
Niftybank
Nifty analysis- for educational purposeAlways take trade with risk and reward.
Those who are new to option can trade next week option as decay will be normal.
Bank Nifty for July 7thMy analysis for tomorrow. This is my analysis only and I am not responsible for the Trades you take based on my idea.
1) Gap Up Opening: Market may come down to test support 34331 and go up
2) Gap down opening: Market may get trapped in between 34331 and 33785
3) Flat opening: It depends on price action, need to check which Direction market will move, Up or Down and accordingly we can plan our trades.
BANKNIFTY Daily Analysis 4th Jul2022 : BNF looks strong!Hi Traders,
BNF is in Bullish momentum from last couple of days 3-4 trading sessions and It might continue.
On UPSIDE it might face resistance at 34150 followed by 34350 levels. Wait for each of these resistances to be broken on good volumes in BNF Futures.
On DOWNSIDE 33500 is a strong Support in BNF which doesn't seem to get broken anytime soon.
#BANKNIFTY - A Clear AspectsSo banknifty has moved 90degree straight which I dont think stays as a ladder is only a ladder when slanted and faced a wall, if you remove the wall, it falls, so here is something similar here, 90 degree momentum doesnt stays well. 33964 to 34140 range if it stays sideways we can expect a more good fall down, but eventually if it opens flat it can race towars 34140 and then retrace and then move, on piror upmove profit booking can arise if opended gapup upto 34505 as well. Eitherways one need to be resilient when trading. May test 33295 if slids below 33736
Observing #Banknifty Charts and Whats next?Banknifty is in Hiragana Phase( where if slight volume slips out it can slip till 33215 but thats what spring is, a spring jumps and is evident in Wyckoffs cycle, As I have mentioned earlier BNF is Strong above 33700 and I think it is powerful but buying at springs and springs itself is best season. Keep for observation. BUYS Only above 33700 only. Though my chart idea shall be neutral but Still I have gave for longs.
#BANKNIFTY - Have still momentum above 33700!As said earlier there was a gap and profit booking came to session. Candle closing below 33700 would inturn make oppurtunity for swing buys, untill that FUT holders shall keep holding the position with 33700 SL and I see it can move to 35100 Soon!
BANKNIFTYHello and welcome to this analysis on Bank Nifty
The steep gap down on Monday breached a very crucial support zone of 33800-34000. Post the gap down we saw attempts of recovery which appear more sideways with a very minor higher low higher high bias.
The structure appears to be making a Bearish Flag with the prior decline as the Pole. We can see a squeeze formation so far in it in lower time frame. It is indicating one more attempt for 33800-34000 before it resumes downward move towards 32500 and lower.
PRE-COVID SUPPORT LINE IS APPROACHING START ACCUMULATIONOne big way institutions make money is short options and long futures. These institutions buy futures at pre determined valuations which are evident in key support lines. check our key pre covid support line where @KomputorCapital will start dissolving its cash only position
Nifty view for 10/06/22Nifty was in a good up move in the secomd half of the day ans closed above 16400. It almost touched 16500 levels and closed near by.
It has given a nice bullish daily candle and above its 20 DMA.
On 15 minute analysis, it took a nice support from its 20 ema and closed bear its Resisitance level of 16480.
Support :- 16370, 16320
Resistance :- 16480, 16560
Market has been given a nice movement and can remain in green.
Wait and watch the price action near the levels before trading the market.
BANKNIFTY LEVEL FOR 8th JUNE34910 IS IMPORTANT SUPPORT FOR TODAY'S SESSION,
Go short below the levels.
MORE DETAILS
@ARSHTRADES
Bullish in SBI AT 465I am Bullish in SBI at 465 , stop loss 462 , Target 472.
Seeing some trends i think there will be a bull move.
Note- Not a trading or investment advise. Always consult your broker or financial expert before trading or investment decisions.
Nifty 44 Moving Average ResistanceOn daily chart nifty failed to close above 44 MA.
Closing above the MA will trigger strong buying and we can retest previous all time high.
NIFty ( OM ) . banknifty take resistance .. and nifty follow .continuous down side ..OI High
this is my opinion and yours ..candle inside the box then trade sell side ..
NIFTY Bank ( OM )Market take resistance..OI support banknifty both side .. ..this is my opinion..and yours comment below
thank you.
NIFTY at the Bullish reversal range in comparison with INDIAVIXSigns of NIFTY Reversal
• Weekly Lower level crossed above Monthly Lower level.
• Forming a W pattern in Daily timeframe.
• This can be a short swing up till around 17000 before continuing the Bearish trend.
Banknifty ( OM )Market take support..OI support nifty and banknifty both ..this time to buy ..this is my opinion..and yours comment below
thank you.
Buy KotakBankBuy Kotak Bank at 1824 Stoploss 1814 Target 1842
Banks seem to be turning up but don't hold overnight positions
BANKNIFTY Trend AnalysisIt is moving inside a descending broadening wedge pattern similar to NIFTY50.
Expecting BANKNIFTY to hit 34900-35000 level before the last dump towards 32000 level if it will form Adam & Eve pattern I have highlighted as V shaped bottom and rounding bottom.
Only if the 5th wave is overextended, it can reach the edge of the pitchfork at 30180 level.
Both the scenarios are possible.
35000 level is at the confluence of 20 MA, trendline resistance and the top of the runaway gap which is going to get filled.
Will update as pattern unfolds in near future.
Do your own due diligence before taking any action.
Peace!!
NIFTY Bank ( OM )Market take support..OI support nifty and banknifty both ..this time to buy ..this is my opinion..and yours comment below
thank you.
NIFTY ( OM )Market take support..OI support nifty and banknifty both ..this time to buy ..this is my opinion..and yours comment below
thank you.
Sbi card and payment Sbi card and payment falling despite having a very good result with a good 28.8% eps beaten .In this chart we can see its downward tread if tommorow it give break out on them we creat buy position in it. If sbi card and payment tommorow cross 740 level and sustain ..
then our target for it is 780-850-900
Sl 694
Hold for 10-20 days
For all targets hold for 2 months
