Just Here Nifty Banknifty

2021-11-10 18:42:11 Today Banknifty was Down by 345.55 Points or 0.88%. Another day of sideways mkt with volatility, just at morning given a sharp fall. Nifty closed almost flat.

Banknifty opened directly around our selling level of 39150, given a quick move of around 250 points. That was small but quick profit.. Open / Comment

2021-11-09 18:51:10 𝘽𝙖𝙣𝙠𝙣𝙞𝙛𝙩𝙮 𝘼𝙣𝙖𝙡𝙮𝙨𝙞𝙨 𝙛𝙤𝙧 𝙏𝙤𝙢𝙤𝙧𝙧𝙤𝙬

After the today's sideways mkt, we have good range to trade tomorrow. Opening is going to important and flat opening will be favourable for trending movement. Upside still looking good potential, Nifty also at breakout level in daily chart. Downside can create little volatile, read the reasons above in selling level chart for better understanding !

Look to Buy if crossed 39500 level in spot.

Look to Sell if breaked 39150 level in spot.

If you have any doubts, most welcome in comment section and can ask freely there. I'll reply
Best of luck for Tomorrow Open / Comment

2021-11-09 18:51:06 Open / Comment

2021-11-09 18:42:08 Today Banknifty was Down by 69.45 Points or 0.18%. A sideways mkt with volatility.

It triggered our buying level at morning itself but fell down after that, so small SL gone in that buying trade. Then also triggered our selling level of 39240, but before that it given around 250 point fall just in 4 candles (4mins). So whenever sharp fall comes, expecting further fall is not at all logical so i personally not entered in selling trade ! Open / Comment

2021-11-09 09:36:18 5 min chart of banknifty, given good breakout Open / Comment

2021-11-08 19:19:08 𝘽𝙖𝙣𝙠𝙣𝙞𝙛𝙩𝙮 𝘼𝙣𝙖𝙡𝙮𝙨𝙞𝙨 𝙛𝙤𝙧 𝙏𝙤𝙢𝙤𝙧𝙧𝙤𝙬

As of now Banknifty is in channel pattern, today given a strong upside closing. Tomorrow we'll simply wait for a breakout from that channel pattern to buy. Nifty at breakout level in daily chart, so if both of index started rallying then can rally well tomorrow ! Downside also banknifty has space to move but it can come with volatility so we need to stay cautious while selling !

Look to Buy if crossed 39550 level in spot.

Look to Sell if breaked 39240 level in spot.

Best of luck for Tomorrow Open / Comment

2021-11-08 19:19:04 Open / Comment

2021-11-08 18:15:02 Today Banknifty was Down by 135.45 Points or 0.34%. Given trending move both the sides but with little volatility. Indusind bank - component of banknifty closed with more than 10% fall. Nifty closed in green with around 0.85% gain.

Now both Nifty and Banknifty are at intresting levels to trade. Wait for analysis post, coming in sometime... Open / Comment

2021-11-04 15:34:07 Special Banknifty analysis for Muhurat Trading

First of all the timing will be 6:15pm to 7:15. If this is your first muhurat trading, better to watch only how it works or trade with little qty. Highly recommended to add atleast 1 quality stock in your portfolio, yes you may not get that right price today but atleast you'll develop habbit to add stocks in your portfolio if you not doing it till now. Today is the best muhurat to start your investing journey !!

Banknifty is at intresting levels, downside there is trendline support zone. If banknifty came down till that trendline then need to see if holds it or further go downside by breaking that trendline. Upside banknifty has good space to rally. Just we'll attempt to trade once it breaked the range which created in last trading session in 1min chart. Generally on muhurat trading mkt gives a trending move with little bit of volatility. Let's hope the trending move today also.

Look to Buy if crossed 39470 level in spot.

Look to Sell if breaked 39350 level in spot.

Best of luck and Happy Diwali to all of you guys Open / Comment

2021-11-04 15:34:03 Open / Comment