03-May-23 Expecting a very short range. Will look for short at resistance and buy at support If open is between 43430-43305 then wait for price action to take place If the open is above 43430 look for short from the resistance If the open is below 43305 look for long from support
For 24th Apr, i'm expecting bullish if opening is above 41980 and below 42050. It may take support from 42050 and can travel till 42300 - 42450 Buy between 42050-41980 with SL-50 for the target of 42300 and 42450
Tomorrow is expiry so trade carefully. If open between 42268 and 42090 then no quick trades wait for proper price action breakout or breakdown. Safe traders stay away because of expiry. If open below 42091 Buy Possibilities Buy around 42020 with sl of 100 points for 42260 Target Sell Possibilities If open between 42091 and 41880 then wait for...
I'm expecting a bullish trend for tomorrow. If only it satisfies below criteria Open above 42317 and wait for retracement till 42170 and can take a long position with 50 points sl for 42500 as a target. If open below 42170 then wait for 42043 and take a long position with 100 points sl for 42400-42500 as the target 1. 42170 -> 42400 -> 42500 2. 42043 ->...
Buy Possibilities If opens between 42596 and 42409 then wait for Buy around 42200 with 50 points sl for 42500 target Sell Possibilities If opens between 42200 and 42017 then wait for short around 42400 with 50 points sl for 42020 target If open is between 42410 and 42197 then wait for price action breakout or breakdown
If open between 19000 to 18758 then wait for resistance at 19000 to take short position If open above 19002 then wait for the short covering and take long position at 18758 1. Sell - 19000 -> 18758 -> 18607 1. Buy - 19002 -> 18758 -> 19000
18-Apr-23 Expecting a range bound day, If opens gapup but below 42518 then look for short if opens gapup down but above 41593 then look for long Sell - 42368 -> 42036 Buy - 41593 -> 42036 If opens above 42518 then wait for it to breakdown the level for a shorting opportunity. In any other case no trade day in bank nifty.
17th April 2023, Bank nifty analysis As per the levels i'm bullish. Instead of looking for shorting opportunities look for buying opportunities at each level bottom which have great R:R The levels are mentioned the chart itself