#BankNifty Trading Strategy for 18th Dec'2020 Decision Zone:- 30,785 - 30,825 Smaller Range:- 30,640 - 30,980 Medium Range:- 30,495 - 31,115 Larger Range:- 29,654 - 31,450 Upper Targets: 30,980/ 31,092 / 31,243 / 31,450 Lower Targets: 30, 661 / 30,567 / 30, 481 / 30,358 / 30,202 A rising wedge is not a good sign and the pattern is almost complete. Like...
#BankNifty Trading Strategy for 17th Dec'2020 Decision Zone:- 30,712 - 30,763 On Public Demand, added the new section trading range:- Smaller Range:- 30,521- 30,890 Medium Range:- 30,398 - 31,080 Larger Range:- 29,654 - 30,450 Upper Targets: 30,890 / 31,020 / 31,092 / 31,243 / 31,450 Lower Targets: 30,567 / 30,481 / 30,202 / 30,027 A rising wedge is not a...
#BankNifty Trading Strategy for 16th Dec'2020 Today took around 3 to 4 hours to get the trade plan ready, was a bit tricky. Decision Line:- 30,615 Range :- 30,880 to 30,464 Range breakout will give 500 point up-move or 786 points down move. Upper Targets: 30,850 / 31,020 / 31,092 / 31,243 / 31,450 Lower Targets: 30, 448 / 30,354 / 30,202 / 30,027 A rising...
Levels on charts with targets n stop loss. #hdfcbank
#BankNifty Trading Strategy for 15th Dec'2020 Decision Zone:- 30,665 - 30,746 Upper Targets: 30,850 / 31,020 / 31,092 / 31,243 / 31,450 Lower Targets: 30,599 / 30, 448 / 30,354 / 30,202 / 30,027 A rising wedge is not a good sign, still have some time left for the structure to get completed. Like the famous economist, John Maynard Keynes said, “the markets...
#BankNifty Trading Strategy for 14th Dec'2020 Doji formation on the daily chart ( H:- 30,811 L:- 30,328) If 30,202 breaks we can see 29,600 levels. Decision Zone:- 30,471 - 30,538 Upper Targets: 30,681 / 30,811 / 30,977 / 31,044 Lower Targets: 30,346 / 30,202 / 30,036 / 29,825 / 29,595 Always trade what you see, never trade what you feel. Make this a habit,...
#BANKNIFTY Short Term Positional View What I posted last week?#1 Let me put a delta update on this:- I see Ending Diagonal Triangle (ED) Pattern of Elliott Wave:- Ending Diagonal Triangle also called ED in short is one of the complex patterns of Elliott Wave Theory which is the part of the main proceeding trend. Many analysts and learners find it difficult to...
#BankNifty Trading Strategy for 11th Dec'2020 After quite a long time, we have seen gap down opening and lower high & lower low, in terms of price action you know it's shows a sign of fatigue ( not weakness). Today demonstrating the Fibonacci fan ratio to find support & target:- As per the analysis posted on 6th Dec We are in the 5th leg of the up move and...
#Expiry Special Analysis for 10th Dec'2020 Bearish Butterfly:- Condition Met, This reversal pattern forms in an uptrend. XD ( 1.27 - 1.618) :- 1.483 AC (0.382 - 0.886) :- 0.772 Sell Below 2nd bar low:- 30,590 SL 30,807.25 harmonic target 1:- 62 - 79% XA 30020, 29805 harmonic target 2 :- 127-162% XA 29,532 / 29,185 / 28,744 Decision Zone:- 30,590 -...
#banknifty view on 9th Dec'2020 Decision Zone:- 30,174 - 30,308 Upper targets:-30,481 / 30,611 / 30,845/ 31,046 Lower Targets:- 30,050 / 29,950/ 29,844 / 29,774 / 29,615 / 29,473 Harmonic Targets:- 30,481 / 30,845 Weekly Range:- Smaller Range:- 29,500 to 30,600 Larger Range:- 29,000 to 31,000 Always trade what you see, never trade what you feel. Make this...
#banknifty view on 8th Dec'2020 Decision Zone:- 30,082 - 30,148 Upper targets:-30,323 / 30,481 / 30,611 / 30,845/ 31,046 Lower Targets:- 29,950/ 29,844 / 29,774 / 29,615 / 29,473 Harmonic Targets:- 30,481 / 30,845 Weekly Range:- Smaller Range:- 29,500 to 30,600 Larger Range:- 29,000 to 31,000 Always trade what you see, never trade what you feel. Make this...
#banknifty view on 7th Dec'2020. Decison Zone:- 29,920 - 25,980 Upper targets:-30,074 / 30,323 / 30,445 / 30,611 / 31,046 Lower Targets:- 29,844 / 29,774 / 29,615 / 29,473 SL for all positional long is 28,900 Weekly Range:- Smaller Range:- 29,500 to 30,600 Larger Range:- 29,000 to 31,000 Always trade what you see, never trade what you feel. Make this a...
#BANKNIFTY Short Term Positional View View for BanknNftyfor next week and till Dec'2020:- 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 factor:- 15%...
#banknifty view on 4th Dec'2020. We are having a correction wave: Triangle, Zig Zag Contracting Triangle Decison Zone:- 29,550 - 25,608 Resistance Zone:- 29,778 - 29,851 Upper targets:-29,710 / 29,813 / 29,920 / 30,045 Support Zone:- 29,150 - 29,223 Lower Targets:- 29,290 / 29,149 / 29,950 / 28,655 / 28,236 / 27,824 SL for all positional long is...
#banknifty #expiry view on 3rd Dec'2020. Decison Zone:- 29,268 - 29,362 Upper targets:- 29,441/ 29,602 / 29,750 / 29,913 Lower Targets:- 29,149 / 29,950 / 28,655 / 28,236 / 27,824 SL for all positional long is 28,800 Any crack can pull BN immediately to below 28k. Weekly Range:- Smaller Range:- 28,900 to 30,200 Larger Range:- 28,500 to 30,700 Always...
#banknifty view for 2nd Dec'2020. This week, the range will be as follows:- Smaller Range:- 28,900 to 30,200 Larger Range:- 28,500 to 30,700 Decison Zone:- 29,716 - 29,666 Upper targets:- 29,925 / 30,197 / 30,544 / 30,684 Lower targets:- 29,560 / 29,410 / 29,223 / 28,923 SL for all positional long is 28,580 No positional short above 28,500...
#banknifty view for 1st Dec'2020. This week, the range will be as follows:- Smaller Range:- 28,900 to 30,200 Larger Range:- 28,500 to 30,700 Decison Zone:- 29,227 - 29,348 Upper targets:- 29,470 / 29,560 / 29,712 / 29,880+ Lower targets:- 29,138 / 29,923 / 28,666 - 28,534 SL for all positional long is 28,580 No positional short above 28,500...
#banknifty view on 27th Nov'2020. Decision Zone:- 29,351 - 29,470 Upper targets:- 29,595 / 29,790 / 29,969 / 30,197 / 30,500 Lower Targets:- 29,250 / 29,132 / 28,994 / 28,666 - 28,534 Trend Reversal levels:- 29,520 Elliott Wave:- Wave B & Wave C is completed or Wave B is still in progress is confusion, let's see. SL for all positional long is 28,920. Always...