Niftybank
Bank Nifty Trading Strategy for 8th Jan'2021#banknifty analysis for 8th Jan'2021
Decision Zone:- 32,040 - 31,990
Upper Targets:- 32,126 / 32,272 / 32,382 / 32,507
Lower Targets: 31,777, 31,655 / 31,510
bank nifty expected to consolidate in the 32,382 - 32,911 range for a few days before moving towards 33,741.
bank nifty is so near ATH, it won't reverse until we cross the ATH and do min 5 to 10 % of upside before any correction.
One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade.
E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't.
John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Regards,
SG
Expiry Special Analysis for 7th Jan'2021.#banknifty #expiry special 7th Jan'2021
Decision Zone:- 31,765 - 31,786
Resistance :- 31,865 - 31,909 & Support :- 31,510 - 31,548
Two types of movement are expected one is range bound and the other is breakout trades.
Upper Targets:- 31,891 / 32,126 / 32,272 / 32,382 / 32,507
Lower Targets: 31,655 / 31,510 / 31, 350 / 31,257 / 31,100
Positional selling below 30,912 only.
Larger TF analysis:-
One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade.
E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't.
John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Regards,
SG
Bank Nifty Trading Strategy for 6th Jan'2021#BankNifty Trading Strategy for 6th Jan'2021
Decision Zone:- 31,562 - 31,767
Upper Targets:- 31,891 / 32,126 / 32,272 / 32,382 / 32,507
Lower Targets: 31,480 / 31, 350 / 31,257 / 31,100
Positional selling below 30,912 only.
One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade.
E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't.
John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Regards,
SG
Bank Nifty Trading Strategy for 5th Jan'2021#BankNifty Trading Strategy for 5th Jan'2021
Decision Zone:- 31,190 - 31,257
Upper Targets: 31,333, 31,480, 31,650, 31,780, 32,000, 32,300, 32,626, 31,818
Lower Targets: 31,040, 30,900, 30,770, 30,670
Positional selling below 30,542 only.
One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade.
E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't.
John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Regards,
SG
Bank Nifty Trading Strategy for 4th Jan'2021#BankNifty Trading Strategy for 4th Jan'2021
Decision Line: 31,250
Upper Targets: 31,480, 31,650, 31,780, 32,000, 32,300, 32,626
Lower Targets: 31,040, 30,800, 30,666, 30,420, 30,220
Positional short levels are apparent; it's below 31,000 closings.
One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade.
E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't.
John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Regards,
SG
Expiry Special Analysis for 31th Dec'2020.#BankNifty Trading Strategy for 31st Dec'2020 (Year-end #expiry)
31,650-31,750 is a very important level, but the upside breakout of an uptrend does not sustain and fall back to the channel, if this doesn't happen on expiry, then might be in the next couple of days.
I will be very cautious with my trades.
Decision Zone:- 31,240 -31,360
Smaller Range:- 30,650 - 31,700
Medium Range:- 29,700 - 32,000
Upper Targets: 31,401 / 31,510 / 31,648 / 31,704 / 31,824
Lower Targets: 31,100 / 31,020 / 30,850 / 30,540
Positional short levels are apparent; it's below 31,000 closings.
Supporting analysis on lower TF for better clarity:-
I wish you to look forward to the upcoming year with confidence and courage, giving wings to your dreams! Live your life to the fullest extent, Happy New Year!
Note:- I won't be posting the analysis for 1st Jan'2021, as I will be traveling but will try to updates the 1st Jan levels on this post's comments, so keep watching.
One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade.
E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't.
John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Regards,
SG
Bank Nifty Trading Strategy for 30th Dec'2020#BankNifty Trading Strategy for 30th Dec'2020
Longs be cautious, around 31,450 - 31,650 levels.
Divergence on my oscillator and hourly RSI above 80 is very risky
Decision Zone:- 31,222 - 31,360
Smaller Range:- 30,650 - 31,700
Medium Range:- 29,700 - 32,000
Upper Targets: 31,480 / 31,600 / 31,700 / 31,800
Lower Targets: 31,100 / 30,900 / 30,650 / 29,800
Lower side GAP:- 29,941.4 - 30,007.80, will act as support.
One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade.
E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't.
John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Regards,
SG
Bank Nifty Trading Strategy for 29th Dec'2020#BankNifty Trading Strategy for 29th Dec'2020
Decision Zone:- 30,789 - 30,930
Smaller Range:- 30,300- 31,500
Medium Range:- 29,450 - 32,000
Upper Targets: 31,030 / 31,150 / 31,480 / 31,697 & Lower Targets: 30,625 / 30,525 / 30,350 / 30,000
Lower side GAP:- 29,941.4 - 30,007.80, will act as support.
One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade.
For E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't.
John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Regards,
SG
Bank Nifty Trading Strategy for 28th Dec'2020#BankNifty Trading Strategy for 28th Dec'2020
Decision Zone:- 30,354 - 30,280
Smaller Range:- 29,950 - 31,200
Medium Range:- 29,450 - 31,480
Upper Targets: 30,525 / 30,625 / 30,850 / 30,945 / 31,480 & Lower Targets: 30,100 / 29,850 / 29,574
GAP :- 30,607 - 30,652, 78.6% of the fall is 30,523, this zone 30,600 - 30,650 will be tough to cross, if crossed, go long for higher targets.
Lower side GAP:- 29,941.4 - 30,007.80, will act as support, if breached, go short for lower levels.
I see Gartley or a Butterfly harmonic formation, in any case, the decision zone will take care of the trades.
One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade.
E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't.
John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Regards,
SG