#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...
#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...
#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...
#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...
#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...
#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...
#BankNifty Trading Strategy for 6th Jan'2021 Decision Zone:- 31,562 - 31,767 Upper Targets:- 31,891 / 32,126 / 32,272 / 32,382 / 32,507 Lower Targets: 31,480 / 31, 350 / 31,257 / 31,100 Positional selling below 30,912 only. 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...
#BankNifty Trading Strategy for 5th Jan'2021 Decision Zone:- 31,190 - 31,257 Upper Targets: 31,333, 31,480, 31,650, 31,780, 32,000, 32,300, 32,626, 31,818 Lower Targets: 31,040, 30,900, 30,770, 30,670 Positional selling below 30,542 only. 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...
#BankNifty Trading Strategy for 4th Jan'2021 Decision Line: 31,250 Upper Targets: 31,480, 31,650, 31,780, 32,000, 32,300, 32,626 Lower Targets: 31,040, 30,800, 30,666, 30,420, 30,220 Positional short levels are apparent; it's below 31,000 closings. One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how...
#BankNifty Trading Strategy for 31st Dec'2020 (Year-end #expiry) 31,650-31,750 is a very important level, but the upside breakout of an uptrend does not sustain and fall back to the channel, if this doesn't happen on expiry, then might be in the next couple of days. I will be very cautious with my trades. Decision Zone:- 31,240 -31,360 Smaller Range:- 30,650 -...
#BankNifty Trading Strategy for 30th Dec'2020 Longs be cautious, around 31,450 - 31,650 levels. Divergence on my oscillator and hourly RSI above 80 is very risky Decision Zone:- 31,222 - 31,360 Smaller Range:- 30,650 - 31,700 Medium Range:- 29,700 - 32,000 Upper Targets: 31,480 / 31,600 / 31,700 / 31,800 Lower Targets: 31,100 / 30,900 / 30,650 /...
#BankNifty Trading Strategy for 29th Dec'2020 Decision Zone:- 30,789 - 30,930 Smaller Range:- 30,300- 31,500 Medium Range:- 29,450 - 32,000 Upper Targets: 31,030 / 31,150 / 31,480 / 31,697 & Lower Targets: 30,625 / 30,525 / 30,350 / 30,000 Lower side GAP:- 29,941.4 - 30,007.80, will act as support. One of the best forms of PA action is not to predict but to...
#BankNifty Trading Strategy for 28th Dec'2020 Decision Zone:- 30,354 - 30,280 Smaller Range:- 29,950 - 31,200 Medium Range:- 29,450 - 31,480 Upper Targets: 30,525 / 30,625 / 30,850 / 30,945 / 31,480 & Lower Targets: 30,100 / 29,850 / 29,574 GAP :- 30,607 - 30,652, 78.6% of the fall is 30,523, this zone 30,600 - 30,650 will be tough to cross, if crossed, go...
#expiry #BankNifty Trading Strategy for 24th Dec'2020 Wave 5 is completed, the First leg of correction Wave A seems to be complete and we are in Wave B of pullback. 30,345 is a significant level on the chart, the short term bearish trend changes above 30,345 Decision Zone:- 29,754 - 29,858 Smaller Range:- 29,573 - 30,045 Medium Range:- 29,236 - 30,291 Upper...
#BankNifty Trading Strategy for 23rd Dec'2020 Wave 5 is completed, the First leg of correction Wave A seems to be complete and we are in Wave B of pullback. Decision Zone:- 29,343 - 29,543 Smaller Range:- 29,201 - 29,950 Medium Range:- 28,732 - 30,291 Upper Targets: 29,728 / 29,950 / 30,042 / 30,193 / 30,523 Lower Targets: 29,201 / 29,045 / 28,976 / 28,732 /...
#BankNifty Trading Strategy for 22nd Dec'2020 Wave 5 is completed, First leg of correction Wave A is in progress. Decision Zone:- 29,484 - 29,577 Smaller Range:- 28,923 - 29,980 Medium Range:- 28,580 - 30,202 Upper Targets: 29,763 / 29,980 / 30,180 / 30,291 Lower Targets: 29,201 / 29,086 / 28,941 / 28,580 / 28,397 Try to read the market in context to the...
#BankNifty Trading Strategy for 21st Dec'2020 Decision Zone:- 30,640 - 30,698 Smaller Range:- 30,458 - 30,945 Medium Range:- 30,202 - 31,147 Larger Range:- 29,654 - 31,450 Upper Targets: 30,786 / 30,945/ 31,147 / 31,228 / 31,450 Lower Targets: 30,573 / 30,485 / 30,361 / 30,202 / 29,654 Try to read the market in context to the larger picture:- One of...
#BANKNIFTY Short Term Positional View - Delta Update 20th Dec'20 Adding to what I posted on 12th Jan:- The analysis shows one primary trend:- Wave 4 is complete and wave 5 is in progress. Apart from this, the chart shows two intermediate & two minor correction cycle (completed) Wave 1 is from 20404.9 to 24,823.6 i.e 4418.7 point rally Wave 5 probability...