Just Here Nifty Banknifty

2021-08-09 18:21:21 Open / Comment

2021-08-09 17:12:34 Always remember traders, after a trending market high probability halt/sideways market will come. Profit earned in trending market, many times peoples just loss all profit or even more than that in the halt market.

So try to save profit earned in trending mkt, reduce your qty and trade carefully with SL Open / Comment

2021-08-09 17:02:00 Today Banknifty was Up by 219.70 points or 0.61%. It's 3rd consecutive day banknifty is in small range but the positive thing is today closed on little bit higher side.

At morning itself it triggered our buying level of 35950, and made a high of 36159. That was a small but good profit. Then it made a double top and breaked the neckline, after given a very good fall. That was also a good setup. Although today mkt was in range, if anyone traded correctly and patiently he would have got this 2 trades. Both worked and given small profit, bcoz not every days give big profits Open / Comment

2021-08-08 18:01:14 𝘽𝙖𝙣𝙠𝙣𝙞𝙛𝙩𝙮 𝘼𝙣𝙖𝙡𝙮𝙨𝙞𝙨 𝙛𝙤𝙧 𝙏𝙤𝙢𝙤𝙧𝙧𝙤𝙬

After the weekend it will interesting to see where banknifty is opening tomorrow and opening can be trend deciding. For another new high, flat to small gap up will be beneficial for buyers. As of now market in range and fresh sellers will only come when the multiple times support will be broken.

Can look for buying opportunity if crossed 35950 level in spot.

Can look for selling if breaked 35660 in spot.

Best of luck for Tomorrow Open / Comment

2021-08-08 18:01:10 Open / Comment

2021-08-06 19:05:03 Today Banknifty was down by 25.50 Points or 0.07%. This is just a cool off after good rally. But the much positive thing which i also mentioned yesterday is its halting at upper levels !

After sometime from today's opening it crossed 36k level which was our buying level yesterday, given around 80point movement then immediately reversed. We can say it was a fake breakout just to invite fresh buyers. I hope everyone atleast exited around cost by trailing the SL as it given a 80 point rally after our entry then reversed. Then banknifty given a breakdown which worked very well. Then it was a complete sideways movement. That's all of the day, have a happy weekend
Enjoy...! Open / Comment

2021-08-05 18:14:43 𝘽𝙖𝙣𝙠𝙣𝙞𝙛𝙩𝙮 𝘼𝙣𝙖𝙡𝙮𝙨𝙞𝙨 𝙛𝙤𝙧 𝙏𝙤𝙢𝙤𝙧𝙧𝙤𝙬

Banknifty again at a interesting make or break level. The good thing for buyers is after a good rally it halting around upper levels so after breakout we may get another rally. Closing of tomorrow will be important and trend deciding for next few days. In top banks there are mixed movement, so need to track the heavyweight banks also.

Can look to buy above 36000 level.

Can look to sell if breaked 35660.

Best of luck for Tomorrow Open / Comment

2021-08-05 18:14:29 Open / Comment

2021-08-05 17:12:19 Today Banknifty was down by 193.30 points or 0.54%. A typical sideways expiry which was expected after a 2 days trending move. SBI was top loser and Bharti Airtel was a top gainer. ITC was also significantly up !

Traders first of all really sorry, i was not able to provide analysis yesterday. Don't wry from today will post regularly. Today in banknifty at first half given a good breakout from the support levels which worked very well. Then after rallying in 2nd half given a breakout which also worked little bit. Open / Comment