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Niftybank

Bank Nifty Trading Strategy for 21st Dec'2020#BankNifty Trading Strategy for 21st Dec'2020 Decision Zone:- 30,640 - 30,698 Smaller Range:- 30,458 - 30,945 Medium Range:- 30,202 - 31,147 Larger Range:- 29,654 - 31,450 Upper Targets: 30,786 / 30,945/ 31,147 / 31,228 / 31,450 Lower Targets: 30,573 / 30,485 / 30,361 / 30,202 / 29,654 Try to read the market in context to the larger picture:- 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.
NSE:BANKNIFTYLong
by subhagghosh
8
#BANKNIFTY Short Term Positional View - Delta Update 20th Dec'20#BANKNIFTY Short Term Positional View - Delta Update 20th Dec'20 Adding to what I posted on 12th Jan:- The analysis shows one primary trend:- Wave 4 is complete and wave 5 is in progress. Apart from this, the chart shows two intermediate & two minor correction cycle (completed) Wave 1 is from 20404.9 to 24,823.6 i.e 4418.7 point rally Wave 5 probability factor:- 15% probability to wave 5 to touch 30,611 to 31,132 (32.2% to 50% ) - Done 30% probability to wave 5 to touch 31,653 to 32,413 (61.8% to 78%) 40% probability to wave 5 to touch 32,413 to 33,342 (78% to 100%) 15% probability to wave 5 to touch 33,342 to 36,072 (100% to 161.8%) Stoploss for positional long is 29,900. 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.
NSE:BANKNIFTY
by subhagghosh
2
Bank Nifty Trading Strategy for 18th Nov'2020#BankNifty Trading Strategy for 18th Dec'2020 Decision Zone:- 30,785 - 30,825 Smaller Range:- 30,640 - 30,980 Medium Range:- 30,495 - 31,115 Larger Range:- 29,654 - 31,450 Upper Targets: 30,980/ 31,092 / 31,243 / 31,450 Lower Targets: 30, 661 / 30,567 / 30, 481 / 30,358 / 30,202 A rising wedge is not a good sign and the pattern is almost complete. Like the famous economist, 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. Try to read the market in context to the larger picture:-
NSE:BANKNIFTY
by subhagghosh
6
Nifty 5th Wave, The End of MadnessFifth wave extensions are the most difficult to count – because when you are in a 5th wave extension, you may be considering a lot of other possibilities — and when the pattern just keeps going up in a straight line for multiple days in a row – it’s difficult to count. But then when you step back and look at it holistically, it makes much more sense. So whenever you begin with an A-B-1-2 and then it goes straight up from there. Also, it happens to keep in mind the time frame. For example, a Santa Rally – just a few days before Christmas — could experience a prolonged upward movement — even beyond supposed resistance zones. The market will just blast right through those–until the last 15 minutes of Christmas eve — when it finally finalizes the fifth wave extension and the Santa Rally is over. *https://lifestyletrading101.com/elliott-wave-3rd-and-5th-wave-extensions/
NSE:NIFTYLong
by ayush.aggrwl
Expiry Special Analysis for 17th Dec'2020.#BankNifty Trading Strategy for 17th Dec'2020 Decision Zone:- 30,712 - 30,763 On Public Demand, added the new section trading range:- Smaller Range:- 30,521- 30,890 Medium Range:- 30,398 - 31,080 Larger Range:- 29,654 - 30,450 Upper Targets: 30,890 / 31,020 / 31,092 / 31,243 / 31,450 Lower Targets: 30,567 / 30,481 / 30,202 / 30,027 A rising wedge is not a good sign. Like the famous economist, 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. Try to read the market in context to the larger picture:-
NSE:BANKNIFTYShort
by subhagghosh
5
Bank Nifty Trading Strategy for 16th Dec'2020#BankNifty Trading Strategy for 16th Dec'2020 Today took around 3 to 4 hours to get the trade plan ready, was a bit tricky. Decision Line:- 30,615 Range :- 30,880 to 30,464 Range breakout will give 500 point up-move or 786 points down move. Upper Targets: 30,850 / 31,020 / 31,092 / 31,243 / 31,450 Lower Targets: 30, 448 / 30,354 / 30,202 / 30,027 A rising wedge is not a good sign, still have some time left for the structure to get completed. Like the famous economist, 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. Try to read the market in context to the larger picture:-
NSE:BANKNIFTY
by subhagghosh
6
Bank Nifty Trading Strategy for 15th Dec'2020#BankNifty Trading Strategy for 15th Dec'2020 Decision Zone:- 30,665 - 30,746 Upper Targets: 30,850 / 31,020 / 31,092 / 31,243 / 31,450 Lower Targets: 30,599 / 30, 448 / 30,354 / 30,202 / 30,027 A rising wedge is not a good sign, still have some time left for the structure to get completed. Like the famous economist, 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.
NSE:BANKNIFTY
by subhagghosh
9
Bank Nifty Trading Strategy for 14th Dec'2020#BankNifty Trading Strategy for 14th Dec'2020 Doji formation on the daily chart ( H:- 30,811 L:- 30,328) If 30,202 breaks we can see 29,600 levels. Decision Zone:- 30,471 - 30,538 Upper Targets: 30,681 / 30,811 / 30,977 / 31,044 Lower Targets: 30,346 / 30,202 / 30,036 / 29,825 / 29,595 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.
NSE:BANKNIFTY
by subhagghosh
5
#BANKNIFTY Short Term Positional View - Delta Update#BANKNIFTY Short Term Positional View What I posted last week?#1 Let me put a delta update on this:- I see Ending Diagonal Triangle (ED) Pattern of Elliott Wave:- Ending Diagonal Triangle also called ED in short is one of the complex patterns of Elliott Wave Theory which is the part of the main proceeding trend. Many analysts and learners find it difficult to identify this pattern accurately because of ignorance or lack of knowledge about the rules and its inner wave calculations. First and most important is to remember that the Ending Diagonal Triangle pattern occurs only in wave (5) of any impulse let it be a wave bigger wave (5) or inner wave (v) of any degree. So whenever you are observing something like ED, you need to make sure that there is wave (1), (2), (3) and (4) before the start of this pattern because ED cannot happen anywhere, it is always a wave (5). Warning sign for the bull, be cautious on your long's until holds above 31,653. #1View for Banknifty for next week and till Dec'2020:- The analysis shows one primary trend:- Wave 4 is complete and wave 5 is in progress. Apart from this, the chart shows two intermediate & two minor correction cycle (completed) Wave 1 is from 20404.9 to 24,823.6 i.e 4418.7 point rally Wave 5 probability factor:- 15% probability to wave 5 to touch 30,611 to 31,132 (32.2% to 50% ) - Done 30% probability to wave 5 to touch 31,653 to 32,413 (61.8% to 78%) 40% probability to wave 5 to touch 32,413 to 33,342 (78% to 100%) 15% probability to wave 5 to touch 33,342 to 36,072 (100% to 161.8%) Stoploss for positional long is 29,900. 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.
NSE:BANKNIFTY
by subhagghosh
7
Bank Nifty Trading Strategy for 11th Dec'2020#BankNifty Trading Strategy for 11th Dec'2020 After quite a long time, we have seen gap down opening and lower high & lower low, in terms of price action you know it's shows a sign of fatigue ( not weakness). Today demonstrating the Fibonacci fan ratio to find support & target:- As per the analysis posted on 6th Dec We are in the 5th leg of the up move and as long as the swing low of 29,950 is there, bulls need not be worried off. Decision Zone:- 30,346 - 30,447 Upside targets:- 30,586 / 30,688 / 30,752 / 30,857 Downside targets:- 30,280 / 30,160 / 30,050 / 29,050 / 29,750 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.
NSE:BANKNIFTY
by subhagghosh
5
Expiry Special Analysis for 10th Dec'2020.#Expiry Special Analysis for 10th Dec'2020 Bearish Butterfly:- Condition Met, This reversal pattern forms in an uptrend. XD ( 1.27 - 1.618) :- 1.483 AC (0.382 - 0.886) :- 0.772 Sell Below 2nd bar low:- 30,590 SL 30,807.25 harmonic target 1:- 62 - 79% XA 30020, 29805 harmonic target 2 :- 127-162% XA 29,532 / 29,185 / 28,744 Decision Zone:- 30,590 - 30,630 Lower Targets:- 30,320 / 30,170 / 30020 / 29532 / 29,185 / 29,045 / 28,744 I will avoid the long above decision zone for at least on expiry. Both the harmonic targets are done on upside:-30,481 / 30,845 Weekly Range:- Smaller Range:- 29,500 to 30,600 Larger Range:- 29,000 to 31,000 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.
NSE:BANKNIFTYShort
by subhagghosh
18
Bank Nifty Trading Strategy for 9th Dec'2020#banknifty view on 9th Dec'2020 Decision Zone:- 30,174 - 30,308 Upper targets:-30,481 / 30,611 / 30,845/ 31,046 Lower Targets:- 30,050 / 29,950/ 29,844 / 29,774 / 29,615 / 29,473 Harmonic Targets:- 30,481 / 30,845 Weekly Range:- Smaller Range:- 29,500 to 30,600 Larger Range:- 29,000 to 31,000 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.
NSE:BANKNIFTY
by subhagghosh
2
Bank Nifty Trading Strategy for 8th Dec'2020#banknifty view on 8th Dec'2020 Decision Zone:- 30,082 - 30,148 Upper targets:-30,323 / 30,481 / 30,611 / 30,845/ 31,046 Lower Targets:- 29,950/ 29,844 / 29,774 / 29,615 / 29,473 Harmonic Targets:- 30,481 / 30,845 Weekly Range:- Smaller Range:- 29,500 to 30,600 Larger Range:- 29,000 to 31,000 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.
NSE:BANKNIFTYLong
by subhagghosh
6