Just Here Nifty Banknifty

2021-08-12 20:04:56 One thing i forgot to add, I don't know how much but last many expiry's we seen a sideways move. So high probability next expiry can be trending. Don't wry will also mention it in the analysis post before expiry. Open / Comment

2021-08-12 19:25:45 Today Banknifty was Up by 130.65 Points or 0.36%. Much much fake breakout/downs today, that surely may have trapped many directional traders. Powergrid was top gainer today with a gain of 6%.

In the 2nd half today it given a breakdown from a very good wedge pattern, but then it reversed and that good breakout failed badly. Today our selling level not triggered, and i said to do scalping in buying side. Which worked very well, i hope you also managed it correctly. Open / Comment

2021-08-12 13:11:33 𝘽𝙖𝙣𝙠𝙣𝙞𝙛𝙩𝙮 𝘼𝙣𝙖𝙡𝙮𝙨𝙞𝙨 𝙛𝙤𝙧 𝙏𝙤𝙢𝙤𝙧𝙧𝙤𝙬 First of all tomorrow is the weekly expiry so we need to trade accordingly. Today banknifty closed in the lower side of the range, still not broken that range decisively. Tomorrow flat opening will good bcoz after a good fall… Open / Comment

2021-08-11 19:56:28 𝘽𝙖𝙣𝙠𝙣𝙞𝙛𝙩𝙮 𝘼𝙣𝙖𝙡𝙮𝙨𝙞𝙨 𝙛𝙤𝙧 𝙏𝙤𝙢𝙤𝙧𝙧𝙤𝙬

First of all tomorrow is the weekly expiry so we need to trade accordingly. Today banknifty closed in the lower side of the range, still not broken that range decisively. Tomorrow flat opening will good bcoz after a good fall retracement is already done, so tomorrow may continue downside and we may see a trending expiry. But if opened gap up then it can create volatility and sideways expiry chances are high.

Can do scalping on buying side. Check reasons in above picture.

Look for selling if breaked 35700 level in spot.

Best of luck for tomorrow Open / Comment

2021-08-11 19:56:24 Open / Comment

2021-08-11 14:41:28 Today Banknifty was Down by 227.70 Point or 0.63%. A trending downfall in 1st half then retraced a little bit in 2nd half. Tata and JSW Steel both were in the top gainers today and was up more than 3%, metal sector stocks still looking good on charts and can rally further for next few days !

Banknifty triggered our yesterday's selling level of 35770in morning then made a low of 35531. Hope you all made good profit. After that in 2nd half we got a breakout that also worked very well. Open / Comment

2021-08-10 19:19:59 𝘽𝙖𝙣𝙠𝙣𝙞𝙛𝙩𝙮 𝘼𝙣𝙖𝙡𝙮𝙨𝙞𝙨 𝙛𝙤𝙧 𝙏𝙤𝙢𝙤𝙧𝙧𝙤𝙬

Banknifty tried to go up many times, but there are strong sellers at upper side which pushing mkt again downside. Now both sides are multiple times tested, any side break can result into big momentum. It definitely making higher-highs but movement is too slow, now banknifty is at much interesting stage ! Keep the watch on small and midcap cap stocks also.

Look for buying if crossed the 36220 level in spot.

Look to sell only if breaked 35770 level in spot.

"Trade your Plan,
Not your thought/thinking"
Best of luck for Tomorrow Open / Comment

2021-08-10 19:19:53 Open / Comment

2021-08-10 17:40:06 Today Banknifty was Up by 5.15 Points or 0.01%. Why banknifty, why that 5 point rally also ???
Small and mid cap stocks fell badly today but large cap sustained and even Bharti Airtel was top gainer today.

Today's market was quite similar of yesterday market. At morning it triggered our buying level of 36130, and given a decent profit till 36317. Then after halting sometime when market was in breakout stage, sudden selling came and after breakdown given a decent fall. Open / Comment

2021-08-09 18:21:42 𝘽𝙖𝙣𝙠𝙣𝙞𝙛𝙩𝙮 𝘼𝙣𝙖𝙡𝙮𝙨𝙞𝙨 𝙛𝙤𝙧 𝙏𝙤𝙢𝙤𝙧𝙧𝙤𝙬

After being in range for 3 days, many times mkt gives either breakout/down on the 4th day. So let's see tomorrow banknifty breakes the range or not, as of now banknifty given close above 36k and upper side breakout level is near !

Can look for buying if crossed 36130 level in spot.

Can look to sell if breaked 35700 level in spot.

Best of luck for Tomorrow Open / Comment