Just Here Nifty Banknifty

2021-12-07 19:58:05 Today Banknifty was Up by 882.50 Points or 2.47%. Opened exactly at breakout levels and the rallied well. In the second half taken rejection exactly from the resistance levels of 36800.

Banknifty opened exactly at our Buying level of 36050 which was breakout level also, then given rally of around 750 point. Congrats to each and everyone who grabbed atleast 200 to 500 points. If anyone exited early then they may have missed the rally, and if anyone captured more than 500 points then that was lucky day and now always you can catch bottom to top rally..! Open / Comment

2021-12-06 20:20:20 Banknifty now in descending wedge pattern which typically has higher probability of breaking it upside, but as of now in this scenario mkt is trading at lower range so if given breakdown then we can get good and easy selling trade. 35,500 is still support we need to keep in mind. Buying side we'll only look after the breakout from that wedge pattern.

Look to Buy if crossed 36050 level in spot.

Look to Sell if breaked 35620 level in spot.

Best of luck for Tomorrow Open / Comment

2021-12-06 20:19:53 Open / Comment

2021-12-06 19:29:05 Today Banknifty was Down by 461.25 Points or 1.27%. At morning was created little bit volatility then in afternoon given a trending move downside. Vix again reached at around 20 levels.

Banknifty breaked our 35830 level in second half, then given profit of around 100 points. If anyone would have shorted early by looking simple breakdown, then he may have earned more profit also..! Open / Comment

2021-12-05 20:30:03 Banknifty from last 2-3 days in a range, upper levels not able to hold. In last trading session given good fall, so tomorrow itself expecting V shape recovery will be illogical. Opening price of tomorrow will be important, as usual flat opening will be best for sellers to continue the fall. If opened gap up then it can create volatility and it will be tough for banknifty to give trending move downside.

Look to Buy half qty only if crossed 36360 level in spot.

Look to Sell if breaked 35830 level in spot.

Best of luck for Tomorrow Open / Comment

2021-12-05 20:30:02 Open / Comment

2021-12-02 20:14:40 Traders don't wry, from tomorrow will post analysis with reasons as usual.

Today morning time was less that's why only levels posted.. Open / Comment

2021-12-02 20:12:16 Today Banknifty was Up by 143.35 Points or 0.39%. Weekly expiry as expected was sideways only, in the end given a good rally. Nifty was significantly up with more than 1%. Vix fallen today also and now around 18 levels.

Banknifty triggered our buying level of 36450, given around 100 point small rally and then reversed. So it was cost exit or small profit trade as trailing SL may have been hitted. Banknifty analysis with reasons coming tomorrow morning. Open / Comment

2021-12-02 06:23:30 Levels for the day. Open / Comment

2021-12-01 20:24:05 Today Banknifty was Up by 669.60 Points or 1.88%. Definately a good gain on close to close basis but not given a straight rally in intraday, as it opened gap up so a intraday player doesn't get much opportunity to catch this rally. Now in bigger timeframe banknifty formed double bottom pattern.

Nifty was also 1% up and india vix fallen 8% and around 19.45 levels now. Banknifty now at intresting stage, analysis coming tomorrow morning so wait for it Open / Comment