Just Here Nifty Banknifty

2021-09-28 20:22:28 Open / Comment

2021-09-28 15:30:08 Today Banknifty was Down by 226.25 Points or 0.59%. At a point of time it was down by more than 2% but then sharp recovery came. The recovery was more sharp than the fall, this happens very rarely otherwise generally mkt gives selling movement fast and buying slow. Finally vix is rising and today closed above 18.5.

It opened directly above our buying level, made a 1st 5min negative candle so i hope you all ignored that buying trade. Then triggered our selling level of 38060, given a clear fall of more than 700 points ! Open / Comment

2021-09-27 19:41:14 𝘽𝙖𝙣𝙠𝙣𝙞𝙛𝙩𝙮 𝘼𝙣𝙖𝙡𝙮𝙨𝙞𝙨 𝙛𝙤𝙧 𝙏𝙤𝙢𝙤𝙧𝙧𝙤𝙬

Banknifty stucked in a small range now, so as always whenever we have mkt in range we have to look opportunities both the sides. In daily chart of banknifty, it making wick from upper levels. This is little bit concern for buyers but once the wick crossed in daily chart we can see another good movement upside. Check out comment section to understand what I'm actually saying.

Look to Buy if crossed 38225 level in spot.

Look to sell if breaked 38060 level in spot.

Best of luck for Tomorrow Open / Comment

2021-09-27 19:41:10 Open / Comment

2021-09-27 16:35:47 Today Banknifty was Up by 340.95 Points or 0.90%. Banknifty definately given 300+ points move on close to close basis but in intraday was sideways type only and not given much interesting move. Nifty closed almost flat, opened gap up but in intraday selling came ! Maruti suzuki was top gainer with 6% gain and Hcl tech was top loser with 4% fall.

I have not posted any levels for the day, no need to worry analysis for tomorrow is on it's way ! Open / Comment

2021-09-24 19:25:01 Today Banknifty was Up by 58.60 Points or 0.16%. A clear sideways and confusing mkt, already mentioned it in analysis post. Good thing is VIX closed almost at 17 levels.

Banknifty opened small gap up, rallied little bit till resistance levels 38100 and exactly taken rejection. Then in volatility, it made a low of 37680 and our selling level were 37685. It doesn't even sustained for a minute at our selling level so i assume no one would have taken entry. Thats all for the day, Enjoy weekend...! Open / Comment

2021-09-24 05:05:14 𝘽𝙖𝙣𝙠𝙣𝙞𝙛𝙩𝙮 𝘼𝙣𝙖𝙡𝙮𝙨𝙞𝙨 𝙛𝙤𝙧 𝙏𝙤𝙙𝙖𝙮

Good morning traders ! After a good trending mkt in the last session, banknifty can confuse today. Same thing upper side it's easy to get clear trend, if coming selling side then it can create some volatility. 38000-38100 these all levels will act as resistance now and also all time high, banknifty will try to test a new time high in coming days. Today if testing 38k, and if you're in buying position you can either book profit or trail SL as from that level it can give a little dip or sideways move. If breaking 38k directly then it's well & good and we'll get a good profit in flow !

Look to Buy if crossed 37850 level in spot.

Look to Sell if breaked 37685 level in spot.

Best of luck for Today Open / Comment

2021-09-24 05:05:10 Open / Comment

2021-09-23 17:56:25 Today Banknifty was Up by 827.05 Points or 2.24%. Nifty was Up by around 1.57%. A very good day, both of the index and many other stocks rallied well ! Bajaj Finserv was the top gainer with 5% gain.

Banknifty opened around our buying level of 37200, then rallied well. Clearly told yesterday, banknifty looking intresting and be ready for the action. First 15min candle it made strong bullish, that confirmed still the upmove is pending even after good gap up. Open / Comment

2021-09-22 20:18:13 𝘽𝙖𝙣𝙠𝙣𝙞𝙛𝙩𝙮 𝘼𝙣𝙖𝙡𝙮𝙨𝙞𝙨 𝙛𝙤𝙧 𝙏𝙤𝙢𝙤𝙧𝙧𝙤𝙬

After a sideways mkt, tomorrow's mkt is looking really interesting + there will be weekly expiry so be ready for the action . Banknifty closed in-between, upper side there is trendline and lower side horizontal line of support which is already multiple times tested. Best opening for directional players will be flat, and from 9:15 itself we can get a clear trend if opened flat. But if opened gap up/down then it going to create some volatility, we need to check first 15min candle for more clearity if opened gap up/down.

Look to Buy if crossed 37200 level in spot.

Look to Sell if breaked 36890 level in spot.

Best of luck and have a profitable expiry tomorrow Open / Comment