Just Here Nifty Banknifty

2021-12-21 20:14:40 Today Banknifty was Up by 168.00 Points or 0.49%. Opened gap up, came down immediately to take support at yesterday's closing and rallied. Then made wedge pattern which also worked very well.

It opened directly above our buying level, then came to our buying zone. If anyone would have entered he may have got good profit of around 200-300 point. Open / Comment

2021-12-21 06:33:31 After more than 3% fall yesterday, today mkt can be volatile and can make a small halt candle in daily chart. But as a trader our work is to keep on selling when it will break the last swing, today also we'll do the same. Buying side till we don't get any reversal signal, we'll trade in half qty only !!

Look to Buy half qty only if crossed 34700 in spot.

Look to Sell if breaked 34000 level in spot.

Best of luck for Today Open / Comment

2021-12-21 06:33:28 Open / Comment

2021-12-21 05:55:36 How to accept and utilise this 10% fall as investor ?

Mkt is falling badly from last few days, from top we seen more than 10% correction in nifty. If you have invested just few days before then your portfolio may have showing good loss or if you invested much earlier then your profit may have reduced in this fall.

But this is mkt and ups and downs will definately come and we need to get comfortable with them. In the longer run i believe our mkts are positive and will do well. This falls come to test your patience whether you hold on or exit in fear. You all know, you have to hold on quality stocks !!

If you have some additional cash, its time now to accumulate quality stocks. You have to accumulate in parts at every levels if mkt falls further. Again repeating quality stocks only, can also take small/mid cap potential stocks if you are ready to take some risk.

Don't be too greedy at rally,
And don't be too scary at falls !
All the best Open / Comment

2021-12-20 20:39:08 Today Banknifty was Down 1178.80 Points or 3.31%. A major fall given by both of the index today. Vix spiked up as usual and now around 19 levels which is ok ok level.

Banknifty opened directly 300 points below our selling levels, then within minutes fallen good enough. So today was the day of positional players who shorted earlier, intraday players may not have got good profit today. Even i can say some ppl may have shorted the mkt at afternoon by looking previous big fall and then they may have lossed as mkt recovered in the second half.

Banknifty analysis coming tomorrow tomorrow, also will post how to accept and utilise this fall as investor. Open / Comment

2021-12-19 20:15:23 In the last trading session we seen good fall and got closing almost at day's low, in daily chart also mkt looking little bit negative. Best opening for sellers will be flat or small gap down to continue the fall. 35350 is the support level need to see if mkt continues the fall or reverse from that level. Buying side we will trade in half qty only for tomorrow.

Look to Buy half qty only if crossed 35950 level in spot.

Look to Sell if breaked 35500 level in spot.

Best of luck for Tomorrow Open / Comment

2021-12-19 20:15:19 Open / Comment

2021-12-16 18:50:23 Today Banknifty was Down by 240.90 Points or 0.65%. At morning opened good gap up but from 1st candle itself not sustained upper levels and fallen good. Nifty closed in little bit green which is good thing.

Banknifty opened and just touched our buying level of 37150 and fallen, i hope no one entered in buying trade as it just flicked upside and rejected. Then triggered selling level of 36700 and given move of more than 300 points. Open / Comment

2021-12-16 05:30:52 Yes finally analysis is back ! Banknifty looking little bit negative as it given breakdown from wedge pattern, let's see where it openes today. Today is expiry and let's hope for the trending move as it was sideways from last 2days, flat opening will be best to continue the fall.

Look to Buy if crossed 37150 level in spot.

Look to Sell if crossed 36700 level in spot. Yes i know 36550 is support but that is not that much imp level and let's suppose mkt reverses from there still we'll not make loss as we'll exit with trailing SL at cost.

Best of luck for Today Open / Comment

2021-12-16 05:30:34 Open / Comment