Niftybank
BN move for tomorrow 04 may 2021.BN looks good if open flat and try to cross today's high then it may go upto 32800 & 32950 are 2 target. there after some profit booking may come otherwise it will move till 33300.
if BN open below highlighted zone then selling presurre comes and it may again test today's low. it's just my and no recommendation.
BN Next week movementBN makes handel and cup pattern on smaller time frame. though in smaller time frame we are not considering this pattern but still BN looks bearish and chances that it will test 32100.
we need to see how BN reacts at 32100 level.
it's just my view only. no buy or sell call recommendation.
#banknifty analysis for 30th April:- #banknifty analysis for 30th April:-
The fall of 7,303 points from 37,708 to 30,405 and followed by 55% or 3882 point pullback from 30,405 to 34,287, we might have some more steam left to move to 34.5-35K levels, downside till 33,200 to 32,600 is visible.
Decision Zone:- 33,700 - 33,833
Resistance Zone:- 34,057 / 34,287 / 34,407 / 34,644-34,918
Support Zone :- 33,644 / 33,247 - 33,195 / 32,926 / 32,605
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 April:-#banknifty analysis for 27th April:-
Decision Zone:- 32,250 - 32,370
Resistance Zone:- 33,151 - 33,306
Support Zone :- 31,366 - 31,565
Trend is changing & we might be heading towards 34,644 - 34,918 zone.
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 26th April:-#banknifty analysis for 26th April:-
Decision Zone:- 31,366 - 31,565
Resistance Zone:- 32,325 - 32,560
Support Zone :- 30,405 - 30,555
Big panic fall is only below 30,400 & panic buy above 32,560
The short-term trend is still negative & the trend doesn't change until we get a weekly closing above 32,325 levels.
How to trade? Play the range of (Resistance Zone:- 32,325 - 32,560) to (Support Zone :- 30,405 - 30,555), anyside breakout, go either long or short for min 1000 points directional move.
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 23rd April:-#banknifty analysis for 23rd April:-
Decision Zone:- 31,405 - 31,555
Resistance Zone:- 31,914 / 32,325 - 32,560
Support:- 31,138 / 30,710 / 30,450
Big panic fall is only below 30,400.
The short-term trend is still negative & the trend doesn't change until we get a weekly closing above 32,325 levels.
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 20th April:-#banknifty analysis for 20th April:-
Decision Zone:- 30,841 - 31,068
Resistance Zone:- 31,140 / 31,365 / 31,592 / 31,914
Support:- 30,450 / 30,250 / 29,760
The short-term trend is still negative & the trend doesn't change until we get a weekly closing above 32,325 levels.
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
Bank Nifty 19/04/21 MondayTrade Wisely And Smartly .
Clearly the trend is bearish small bounces may occur , but overall market is in panic mode.
Stay wise Buy on dips wont work, use option strategies to hold overnight.
Dont go for naked option buy or sell.
The levels are given ,which can be seen in todays session or tomorrow.
#banknifty analysis for 19th April:-#banknifty analysis for 19th April:-
Decision Zone:- 32,052 - 32,330
Resistance Zone:- 32,544 / 32,710 / 33,021
Support:- 31,913 /31,584 / 31,319
The short-term trend is still negative & the trend doesn't change until we get a weekly closing above 33,300 levels.
Supporting view:-
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 16th April:- #banknifty analysis for 16th April:-
Decision Zone:- 32,052 - 32,330
Resistance Zone:- 32,544 / 32,710 / 33,021
Support:- 31,913 /31,584 / 31,319
The short-term trend is still negative & the trend doesn't change until we get a weekly closing above 33,300 levels.
Supporting view:-
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 15th April:- #banknifty analysis for 15th April:-
Decision Line:- 31,913
Resistance Zone:- 32,242 / 32,544 / 32,710
Support:- 31,584 / 31,319 / 31,117 / 30,520
The short-term trend is still negative & the trend doesn't change until we get a weekly closing above 33,300 levels.
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