Index & Options calls with consistency

2021-06-23 17:15:11 Today Banknifty was down by 171.00 Points or 0.49%. Took support exactly around our buying level and given closing at perfect place !

Let's analyse for Tomorrow,
again you need to see where banknifty opening tomorrow, Flat opening will best for buying. After today's perfect closing, we need perfect opening tomorrow for perfect trade. Soo much - "Perfect Perfect"

Can look for buying if any 5 min candle closed above 34700.

Can look for selling at our same level which we analysed yesterday - 34280.

Get set ready for a monthly expiry tomorrow. Trade peacefully, if you want your life peaceful !
Best of luck for Tomorrow Open / Comment

2021-06-23 17:15:07 Open / Comment

2021-06-22 17:55:44 Today Banknifty was down by 126.30 Points or 0.36%. Opened Gap up and given small upmove to invite fresh buyers and fell down. I clearly told right at opening - don't hurry to buy and buy only if sustaining.

Let's analyse for tomorrow, still banknifty is looking strong and today's fall we can consider as a re-test. 34500/34700 are the support levels we need to keep in mind. Tomorrow is wednesday - A day before monthly expiry and can be volatile.

Can look for buy in any 5 or 15min green candle around 34540. If opened flat and sustaining then also you can buy at small breakout with small SL.

Look for selling opportunity only if banknifty breakes 34280.

Best of luck for Tomorrow Open / Comment

2021-06-22 17:55:41 One small correction - All levels are of 34k. By mistake i typed 35k in some places. Open / Comment

2021-06-22 06:47:05 Banknifty opening around resistance and above 35k.
Don't hurry to buy, wait and see if its sustaining or not... Open / Comment

2021-06-21 17:46:16 Today Banknifty was up 313.30 Points or 0.91%. Opened big gap down, people started buying put options and as usual market given move on opposite side, clearly told yesterday wait for atleast 1hr if opened big gap down.

Let's analyse for Tomorrow, Banknifty today itself given a good breakout which i was expecting tomorrow. Now after a single side trending movement tomorrow market may halt. But upside also possible if breakout is powerful.

Can look for buying above 34900. Targets you can expect 35080/35280.

Only if opened Gap down more than 200 Points, you can look for sell or otherwise I'll not recommend for selling.

Best of Luck for Tomorrow Open / Comment

2021-06-21 17:46:12 Open / Comment

2021-06-21 11:02:50 Banknifty at important level. 34650 is trendline rejection and resistance around 34700.
High probability it will halt here today and tomorrow we may get good breakout. Open / Comment