Those who took put position, strictly put Your sl at cost. Because banknifty is at deciding point. It reversed exact from 37800-850 are, which we analysed earlier.
Good morning everyone. Banknifty 61.8 level comes around 38800. And 12 Nov 21 doji will play a very important role. It will be a good deciding point because rejection will give atleast 1000 point. Wait and watch. Or let the market again enter inside that parallel channel in which it was traveling. So please wait and watch and do follow and like.
Book ur profits near support line of that blue parallel channel 150 points already taken in nifty. Or you can trail . Exactly reveresed from center dotted line. Keep liking and keep sharing.
With just 16 point sl booked 80 points target. That's why risk to reward is very important. Stay connected and do like and follow.
Hello traders. Clearly banknifty is in no trading zone. Range is 38000 and 37200. Either side breakout will give 1000 point move . So it's better to wait. If banknifty again enters inside the parallel channel, it's gonna bleed heavy . And if it closes above or near 38000 we will see 38850 next week. So better to wait today for breakout or breakdown.
Hello traders nifty still in the same channnel. 1. Positional traders should avoid trading today and wait for today's closing. 2. Intraday traders can also avoid today, but they try one good trade as sl is very small there. If nifty approaches center dotted that is in between the parallel channel, put position can be taken with 20 point sl. Either wait for sl or...
Clearly told you in analysis that too trade in next expiry and buy call near blue channel support line. Book your profits here
Hello traders. Banknifty has given a good upside rally in last 5 days. And it has also given a breakout of the parallel channel in which it was traveling since 13 trading sessions. Now price has reached 50% retracement of the total fall which started on 25 Oct 22. For today's session. 1. In flat condition wait for any dip towards upper portion of purple channel...
Hello traders, it's been a good one month trading. We didn't had a single sl day. Now for today banknifty has closed near highs of trending parallel channel. Banks are looking really very strong. Now as shown in the chart the red resistance trend line is very important. Don't immediately trade on its breakout. Please wait for a closing above that trend line....
Target of 36800 is achieved that too within 5 days . Please read the point number 1 of the previous analysis attached. Always find good risk to reward ratio trade. Key to success in trading.
Hello traders, 1. Any dip towards 36100 is a buying opportunity with a sl of 35950, for a target of 36800. 2.Nothing much to explain more today. Because target is 36800, if opens gapup then don't chase the gap. 3. If opens flat , then after crossing today's high buy CE option with 40 point sl in Just out of the money call. If sl hits then wait for the dip towards 36100.
I said don't be bearish. Market always gives u opportunity, matter is about patience only. Do u have the patience to wait for the right trade. Meanwhile .618 retracement achieved.
As per harmonics, all longs should be booked here. And wait a watch period has arrived. Please book ur profits and wait. We have done for the intraday . Now let's wait
Start booking ur profits. And as mentioned don't be bearish right now. It's a buy on dip market. Do see the previous analysis attached with it. We will become bearish after certain levels. But not now. Do like and follow.
Clearly told everyone to not be bearish now. Do see the analysis attached with this. My max intraday target is near 17530-540. So start booking ur profit and wait. It's a buy on dip market ryt now. Wait for right moment and right time. Correct entry point is necessary.
Hello traders , I wish all of you are very happy new year. May this year brings all of u a lot of prosperity and a very good health. Nifty has clearly entered inside that inverted flag channel marked with pink trend line. Now clearly it is not bearish untill and unless it again goes below 17100-150 zone as it has become a good support for nifty now. No more...
Hello traders, first of all a very happy new year to all of you . May this year brings you all good health and wealth. 1. Banknifty is clearly travelling in a channel and currently it has given a closing at the upper side. Any gap up opening above 35600 will straight away take it to 35900. But my positional target of 36800 at least in 5 days max, with sl of...
Book your profits or trail at cost atleast . 40 points already gained as per the analysis. Previous analysis attached.