Just Here Nifty Banknifty

2021-09-22 20:18:09 Open / Comment

2021-09-22 19:35:42 Today Banknifty was Down by 291.20 Points or 0.78%. Nifty was also closed flat. Zeel rallied around 32% again today in a single day !

Banknifty not triggered our any of the level, basically there was a clear no trading day for the directional players. Clearly told yesterday it can be volatile to sideways in selling side. In this kind of sideways mkt many peoples trades on small breakout/breakdowns and in volatility their SL hits, again they take trade & again same thing happen. Finally they end up losing big part of capital when marker remains at almost same place. "Always follow risk per day...!" Open / Comment

2021-09-21 20:24:55 𝘽𝙖𝙣𝙠𝙣𝙞𝙛𝙩𝙮 𝘼𝙣𝙖𝙡𝙮𝙨𝙞𝙨 𝙛𝙤𝙧 𝙏𝙤𝙢𝙤𝙧𝙧𝙤𝙬

Banknifty as well as Nifty looking like both are getting ready for another move upside, as nifty-banknifty given a sharp upside movement in the end today. Tomorrow most favourable scenario for buyers will be, banknifty to halt after opening in the small range then gives breakout upside. In the other hand, if banknifty bending downside that means this upside move was just a retracement and banknifty continuing its trend. But we need to be cautious selling side as it already giving trending move from last 2 days and now can be volatile to sideways in selling side.

Look to buy if crossed 37400 level in spot.

Look to sell if breaked 36895 level in spot.

Best of luck for Tomorrow Open / Comment

2021-09-21 20:24:52 Open / Comment

2021-09-21 19:04:06 Today Banknifty was Up by 90.15 Points or 0.24%. First fallen smoothly and then given a V shape recovery. Nifty was even more bullish and was Up by almost 1%.

Banknifty opened almost flat, triggered our selling level of 36990 and given a very good profit of around 450 point. Congrats to everyone who booked profit. Today was a trending day both side, banknifty looking interesting now so wait for the analysis post ! Open / Comment

2021-09-20 19:56:23 𝘽𝙖𝙣𝙠𝙣𝙞𝙛𝙩𝙮 𝘼𝙣𝙖𝙡𝙮𝙨𝙞𝙨 𝙛𝙤𝙧 𝙏𝙤𝙢𝙤𝙧𝙧𝙤𝙬

Now its time to look opportunity both the sides atleast in Banknifty. Banknifty given a negative move today which showing still there are enough active sellers. Opening is going to most important and trend decisive of tomorrow. Flat opening and sustain will be buyers place and banknifty can recover very fast. Most probably it will open gap down as global mkt in deep red as of now, so if opened gap down then need to wait and see whether it is continuing downside or coming up !

Look to buy if opened flat and made first 5min green candle.

Look to sell if breaked 36990 level in spot.

Best of luck for Tomorrow Open / Comment

2021-09-20 19:56:17 Open / Comment

2021-09-20 18:03:14 Today Banknifty was Down by 666.25 Points or 1.76%. A volatile + trending mkt, today when everyone including us was expecting another rally upside, but mkt opened gap down and after a little rally again fallen.

After breaking the trendline downside, given very good move of around 400 Points. Clearly told yesterday first let the mkt bend downside then only we will short. Open / Comment

2021-09-19 19:21:34 𝘽𝙖𝙣𝙠𝙣𝙞𝙛𝙩𝙮 𝘼𝙣𝙖𝙡𝙮𝙨𝙞𝙨 𝙛𝙤𝙧 𝙏𝙤𝙢𝙤𝙧𝙧𝙤𝙬

Yes after a long week, banknifty analysis is back ! In the last trading session banknifty made a new lifetime high & also crossed 38k round level. Generally what happens is if banknifty has to rally further it will open flat or small Gap up and will start rally right from opening. Else one more possibility is it can halt in the same range and in the second half after breakout can rally further but for that most important is to halt above 37500 level. Selling side we will look only if banknifty bending downside !

Look to buy if any 5min candle closed above 38100 level in spot.

Look to sell after break from the trendline which shown in above pic.

Best of luck for Tomorrow Open / Comment

2021-09-19 19:21:30 Open / Comment