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Nifty Analysis for May 1st week
NIFTY
, 240
Short
NIFTY: Nifty Analysis for May 1st week

As everyone can see whenever price touches upper range of downward channel,it gave a sudden fall. On 29th April price breakout from channel but unable to sustain there and next day it fall back inside the channel. Here we have two confirmation- 1st-> Those who entered at breakout now in pain they will start covering(False breakout or Bull Trap) ...

Banknifty Analysis For upcoming week and Month
BANKNIFTY
, 60
BANKNIFTY: Banknifty Analysis For upcoming week and Month

As you se Banknifty headed downward nicely in a channel. On 22 April it clearly broke trendline resistance and on next day it took support from breakout level. Then no looking back for banknifty. It made short term bottom , this we can see clearly from Huge PUT writing in banknifty as well as nifty. This is my learning post no buy and sell recommendation,consult...

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