tradeGambler

tradeGambler Nov 25, 2021

37800 Level will be acting as a strong resistance and 36900 will be as strong support for next two to three trading session. The range of 700-800 points is very risky to trade in options as ahead of expiry. Global cues are mixed and SGX Nifty indicating flat opening, so can expect Bank nifty to move within range levels. ALl banks are in selling zones so 36900...

tradeGambler Nov 24, 2021

Bank nifty corrected about 10% from recent high in this month. As tomorrow is expiry we can still expect BNF to move with high volatility. So Day trading is not advisable for next two days. If the BNF breaks trend line with high volumes and can withstand the level 37500 level, only then the we can go for buying. Resistance R2-38500 Resitance R1 -38100 Range ...

tradeGambler Oct 31, 2021

HDFC bank and AXIS bank are struggling to move higher from February's high where the SBIN and ICICI made 20-30% higher from February high. As there is no recent events and could expect the stock move sideways for next two months. Range - 1370 ~ 1620 Support - 1350-1400 Resistance - 1550-1630

tradeGambler Oct 31, 2021

The bank is in strong bull movement from last October and it didn't break the trend line yet. As the bank broke the February high with high volumes in September and moving 25% higher to market price. From the chart the stock is having strong support at 680 and it could consolidate for next 4-6 weeks in the range from 700~840. We can wait for buying the stock at...

tradeGambler Oct 29, 2021

As Global markets are mixed and Markets are likely to consolidate due to heavy selling on expiry. Market may move in sideways range even though there is positive sign from SGX nifty cant expect a heavy buying today. All Banks are in bear trend and yet didn't break the resistance trend line so can expect selling. Range - 39100~~39700 Resistance 2(R2) -...

tradeGambler Oct 28, 2021

Bank Nifty likely to consolidate despite of positive sign in SGX Nifty. The global market looks Negative and due to corporate results ahead the Nifty may move huge volatility. ICICI bank broke the trend level and we can expect Bank nifty to move upward if it breaks 847 level with huge volume and Axis to break 801 level. SBIN and HDFC bank are support level,...

tradeGambler Oct 27, 2021

Bank nifty will move sideways or selling will takes place as there are only two trading sessions before this trading expiry. If Nifty breaks 18400 level can expect huge upward movement else consolidation with 18100 support. HDFC,SBIN and ICICI are at trend support levels and there would be maximum chances of selling with 1-2%correction. Resistance 2(R2) -...

tradeGambler Oct 26, 2021

As Nifty is consolidating today and Global cues are positive we can expect BNF to move in sideways. Can expect huge upward movement if it breaks R2 level and huge selling if it breaks S2 level. All banking stocks are trend break support level expecting a huge volatility. Only SBI and ICICI showing buying patterns. Resistance 2(R2) - 41800 Resistance 1(R1)-...