As discussed in Last Analysis Bank Nifty formed an Inside bad today,Plan remains the same Bulls need to move above 31550 for a move back to 31750/31940. Bears will get active below 31100 for a move back to 30900/30700. Low made was 30996 so bears were unable to reach target of 30900. We have formed… Read More »
As discussed in Last Analysis Bank Nifty did 31200 and has closed above 31200 heading towards 31329/31450/31666/31800. Bears will get active below 30950 for a move back to 30720/30500. 31450 done ,We have formed a Bearish ABCD Pattern with PRZ zone around 31551, so any long should keep SL of 31205 and book out around… Read More »
As discussed in Last Analysis Now Bulls need to hold 30900-30950 range for upmove to continue towards 31333/31555/31800. Bears will get active below 30900 for a move back to 30750/30500. Bulls were unable to hold 30900, below 30900 bears had upper hand and did both target on downside. Bears now need to break 30500 for… Read More »
As discussed in Last Analysis Now Bulls need to move above 28638 for the up move to continue towards 28836/29000/29200.Bears will get active below 28470 for a move back to 28262/27970. It was a day of whipsaw for Bank Nifty trader, Only silver lining was Traders who follow TC level as we made exact high… Read More »
Bank Nifty Bulls now need to move above 28800 for a move towards 29000/29270/29500/29782. Bears will get active below 28450 for a move back to 28200/28000. We have bounced from gann angle as shown below suggesting we are heading towards 29250/29700 range till we hold to 28450 levels. Intraday time for reversal can be at… Read More »
As Discussed in Last Analysis Now Bank Nifty Bulls need to close above 29200 for a move back to 29430/29666/29825. Bears will get active below 29100 for a move back to 28900/28711/28520. IF todays low is held we can rally back to 29800. Bulls did 1 target on upside and bears did all 3… Read More »
As Discussed in Last Analysis Bears will get active below 26740 for a move towards 26590/26433/26200. Bulls will get active above 26940 for a move towards 27100/27300. Low made was 26641 so bears got whipsawed below 26740 , Bulls got active above 26940 and made high of 27278 almost done our final target of 27300.… Read More »
As Discussed in Last Analysis Bank Nifty bounced from gann angle, and almost did our 1 target of 30650 as high made was 30635. Till we are holding 30500 we can move towards 30800. Bears have there chance below 30430 for a move back to 30343/30250/30150/30000.High made today was 30799.7 exactly did our target of… Read More »
Last Week we gave Chopad level of 31420 Bank Nifty Opened with Gap down So no opportunity came to trade as per Chopad level. Let see how to trade on in coming week as we have important time cycle confluence on 15 July. Bank Nifty Harmonic Pattern Till we are holding 30300 we can rally… Read More »
The Below Strategy will be Helpful for Option Writers, We are using Historical Volatility of Index to predict the probable range of market in next 5 trading sessions. We get this Range of Expiry day close and take position next day at Open. We have 2 methodology where we have 70% Probability of Winning and… Read More »