Niftybank
22nd January Bank Nifty levels (Corrected)Buy above and Sell Below levels are given.
Simple Low Risk approach:
If Bank Nifty Opens, sustains (takes support from 20 ma) and goes up in the Green Zone, buy.
If Bank Nifty Opens, sustains (takes support from 20 ma) and goes down in the Red Zone, sell.
If Bank Nifty opens in the white zone, wait for the trend to reveal itself.
Ignore everything else.
This works best if the gap up isn't too much but could work regardless.
Do not initiate any trades before 9:45 AM.
I generally wait till 10:15 AM before even thinking about taking a trade.
Riskier approach (Ignore if you like playing safe)
If price opens in the Green Zone and crosses over to White, sell.
If price opens in the Red Zone and crosses over to White, buy.
All analysis is for educational purposes. Please consult your financial advisor before initiating a trade.
Entry points:
Support or rejection from 20 ma at 5 min TF.
I want to publish these ideas on the 5 min TF, but somehow Trading view isn't allowing it so....
#banknifty analysis for 22nd Jan'2021#banknifty analysis for 22nd Jan'2021
We have 6 trading sessions before the budget, the market will be volatile and a directional move is only expected after the budget on 1st Feb'21.
The principal rule is, when you have volatility in the market, reduce your risk by reducing the position size.
Decision Line:- 32,333
Upper Targets:- 32,560 / 32,842 / 33,166 / 33,335 / 33,578
Lower Targets: 32,105 / 31,905 / 31,651 / 31,327 / 31,157 / 30,915
Read the analysis in context to a larger time frame:-
Weekly Analysis:-
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.
For 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 21th Jan'2021#banknifty analysis for 21th Jan'2021
We have 7 trading sessions before the budget, the market will be volatile and a directional move is only expected after the budget on 1st Feb'21.
The principal rule is, when you have volatility in the market, reduce your risk by reducing the position size.
Decision Zone:- 32,524 -32,434
Upper Targets:- 32,613 / 32, 742/ 32,982
Lower Targets: 32,375 / 32,200 / 31,850
Read the analysis in context to a larger time frame:-
Weekly Analysis:-
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.
For 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 Jan'2021#banknifty analysis for 20th Jan'2021
We have 10 trading sessions before the budget, the market will be volatile and directional move is only expected after the budget on 1st Feb'21.
The principal rule is, when you have volatility in the market, reduce your risk by reducing the position size.
Decision Zone:- 33,305 - 33,221
Upper Targets:- 32,524 / 32,613 / 32, 742/ 32,982
Lower Targets: 32,021 / 31,806 / 31,591 - 31,550
Their movement is possible, the upside (depicted by the green line ), downsize (depicted by red lines) & withing the range (depicted by cream line)
Read the analysis in context to a larger time frame:-
Weekly Analysis:-
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.
For 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 19th Jan'2021#banknifty analysis for 19th Jan'2021
We have 10 trading sessions before the budget, the market will be volatile and directional move is only expected after the budget on 1st Feb'21.
The principal rule is, when you have volatility in the market, reduce your risk by reducing the position size.
Decision Zone:- 31,900 -32,050
Upper Targets:- 32,255 / 32,524 / 32,613 / 32, 742/ 32,982
Lower Targets: 31,806 / 31,591 - 31,550 / 31,112
Read the analysis in context to a larger time frame:-
Weekly Analysis:-
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.
For 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 18th Jan'2021#banknifty analysis for 18th Jan'2021
We have 10 trading sessions before the budget, the market will be volatile and directional move is only expected after the budget on 1st Feb'21.
The principal rule is, when you have volatility in the market, reduce your risk by reducing the position size.
Decision Zone:- 32,242 - 32,295
Upper Targets:- 32,353 / 32,524 / 32,613 / 32, 742/ 32,982
Lower Targets: 32,105 / 31,938 / 31,725 / 31,550 / 31,112
Read the analysis in context to a larger time frame:-
Weekly Analysis:-
Having targets of 32,362 (DONE) to 34,309 bare min.
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.
For 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 Jan'2021 #banknifty analysis for 15th Jan'2021
Almost spend 2 hours on multiple time frame analysis to figure out if there is any weakness in the chart, as we clocked ATH, honestly, I was trying to figure out something somewhere but couldn't figure out anything which can give me a signal of weakness.
The market is supreme, let not predict anything but swim with the flow, the next hurdle is 33k, if crossed we target 33,741 - 34,122.
Decision Zone:- 32,582 - 32,540
Upper Targets:- 32,743 / 32,911 / 33,094
Lower Targets: 32,410 / 32,247 / 32,017 / 31,891 / 31,725
bank nifty expected to move towards 33,741.
Read the analysis in context to a larger time frame:-
Having targets of 32,362 (DONE) to 34,309 bare min.
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.
For 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 14th Jan'2021 - #Expiry#banknifty analysis for 14th Jan'2021 - #Expiry
Decision Zone:- 32,415 - 32,522
Upper Targets:- 32,743 / 32,911 / 33, 094
Lower Targets: 32,247 / 32,017 / 31,891 / 31,725
bank nifty expected to move towards 33,741.
Read the analysis in context to a larger time frame:-
Having targets of 32,362 (DONE) to 34,309 bare min.
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.
For 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 13th Jan'2021#banknifty analysis for 13th Jan'2021
Decision Zone:- 32,062 - 32,246
Upper Targets:- 32,382 / 32,507 / 32,743 / 32,998
Lower Targets: 31,891 / 31,745, 31,655 / 31,510
bank nifty expected to move towards 33,741.
bank nifty is so near ATH, it won't reverse until we cross the ATH and do min 5 to 10 % of upside before any correction.
Read the analysis in context to larger time frame:-
Giving targets of 32,362 (DONE) to 34,309 bare min.
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.
For 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 Trading Strategy for 12th Jan'2021#banknifty analysis for 12th Jan'2021
Nothing is changed in the last 2 days, it's consolidation on the higher region forming a flag pattern for the next move.
Decision Zone:- 32,023 - 32,062
Upper Targets:- 32,272 / 32,382 / 32,507 / 32,743 / 32,998
Lower Targets: 31,891 / 31,745, 31,655 / 31,510
bank nifty expected to move towards 33,741.
bank nifty is so near ATH, it won't reverse until we cross the ATH and do min 5 to 10 % of upside before any correction.
Read the analysis in context to larger time frame:-
Giving targets of 32,362 to 34,309 bare min.
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.
For 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 Trading Strategy for 11th Jan2021#banknifty analysis for 11th Jan'2021
Decision Zone:- 32,106 - 32,147
Upper Targets:- 32,272 / 32,382 / 32,507 / 32,743 / 32,998
Lower Targets: 31,777, 31,655 / 31,510
bank nifty expected to move towards 33,741.
bank nifty is so near ATH, it won't reverse until we cross the ATH and do min 5 to 10 % of upside before any correction.
Read the analysis in context to larger time frame:-
Giving targets of 32,362 to 34,309 bare min.
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 Trading Strategy for 8th Jan'2021#banknifty analysis for 8th Jan'2021
Decision Zone:- 32,040 - 31,990
Upper Targets:- 32,126 / 32,272 / 32,382 / 32,507
Lower Targets: 31,777, 31,655 / 31,510
bank nifty expected to consolidate in the 32,382 - 32,911 range for a few days before moving towards 33,741.
bank nifty is so near ATH, it won't reverse until we cross the ATH and do min 5 to 10 % of upside before any correction.
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
Expiry Special Analysis for 7th Jan'2021.#banknifty #expiry special 7th Jan'2021
Decision Zone:- 31,765 - 31,786
Resistance :- 31,865 - 31,909 & Support :- 31,510 - 31,548
Two types of movement are expected one is range bound and the other is breakout trades.
Upper Targets:- 31,891 / 32,126 / 32,272 / 32,382 / 32,507
Lower Targets: 31,655 / 31,510 / 31, 350 / 31,257 / 31,100
Positional selling below 30,912 only.
Larger TF analysis:-
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