Niftybank & Nifty 50 trading levels 24-12-21 (Boxing day)

Nifty bank: 15 minutes a candle

Nifty bank was bullish and nearly touched the level of 35500. For next trading day, if Nifty bank opens flat and sustain above 35500 then upside momentum can be seen. If opens gap-up then wait for the price action and then trade. If opens flat and trade below 35000, then downside movement can be seen. If opens gap-down then wait for the price action and then trade.

Nifty 50: 15 minutes a candle

There is a resistance of 17200 for Nifty 50, if crosses and sustain then fast upside movement can be seen. If opens gap-up then wait for the range to break. If trade below 17000 then bearishness will continue. If opens gap-down then wait for the range to break.

Niftybank & Nifty 50 trading levels 23-12-21 (Weekly expiry)

Nifty Bank: 15 minutes a candle

In Nifty bank upside move can be seen above 35100, you can see upside in the morning if opens flat. If opens gap-up then wait for 5 minutes for the bullish candle and then upside rally up to 35550 can be possible in half an hour or so due to short covering. If Nifty bank trade below RED trend line then you can see the downside movement. If opens gap-down then look for the price action and candlestick pattern for bearish trade or wait for the range to break either side.

Nifty 50: 15 minutes a candle

In Nifty 50, upside can be seen above 16975 and crosses with  minute candle and sustain above 17000 if opens flat. If opens gap-up then wait for the price action for downside movement. If Nifty 50 trade below 16800 then downside momentum can be seen. If opens gap-down then look for the price action and candlestick pattern for bearish trade or wait for the range to break either side.

Niftybank & Nifty 50 trading levels 22-12-21

Nifty Bank: 15 minutes a candle

Nifty bank will be bullish above 35050 and bearish below 34350. Avoid trading gap-down but if opens gap-up then look for bearish price action or candlestick pattern to trade.

Nifty 50: 15 minutes a candle

Nifty 50 will be bullish above 17000 and bearish below 16650. Avoid trading gap-down but if opens gap-up then look for bearish price action or candlestick pattern to trade.

Niftybank & Nifty 50 trading levels for 26-11-21

Nifty bank: 15 minutes a candle

1. In today's trading session, Nifty bank close around 37350 after a volatile intraday session. Nifty bank has taken support of RED trendline during the day and trying to go up. It will be bullish only above 37500 level and sustain for few minutes to see good upward rally till 37800 and then 38000. If Nifty bank opens gap-up above BLUE trendline and sustain for 15 minutes then you will see upside movement very fast due to short covering.

2. Nifty bank is already in bearish mode because whenever it tries to go up then profit booking happens. For tomorrow's intraday session, it will be bearish below 36900. For risky traders, below RED trend line it will be good to enter the trade as per your risk. If Nifty bank opens gap-down around 37200 levels then do not trade, it might be a trap for bearishness, wait for the range and trade the range, accordingly.

Nifty 50: 15 minutes a candle

In today's session, Nifty 50 closed above 17500 level and tomorrow, if it sustain for 15 minutes or more then you will see upside rally till 17750. Nifty 50 has recovered due to good news in Reliance and other heavy-weight stocks are in upside mode due to short covering or profit booking for short positions. If Nifty 50 opens gap-up above 17600 level then wait for the momentum (upside or downside) then trade, accordingly because 17600 is the deciding level for upside or downside. It will be bearish below 17450 and if it opens gap-down then wait for the range and trade the range, accordingly.

Niftybank & Nifty 50 intraday trading levels 25-11-21 (Monthly Expiry Analysis)

Nifty bank: 15 minutes a candle

1. Nifty bank made some recovery in last trading day and in the morning today but Nifty bank rejects 37900 level and closed below 37500 and vanishes all recovery of the morning. For tomorrow, Nifty bank will be bullish above 36900 and sustain for 15 or more minutes. As tomorrow will be monthly expiry day of November so be cautious as premium decays fast. If Nifty bank open gap-up then avoid trading or look for bearish trade, only. Short covering will only occur, if Nifty bank trades above 38000 for fast movement.

2. Nifty bank is still bearish and for tomorrow it will be suitable to trade below 37250. If Nifty bank opens gap-down then wait for the range and trade that range on either side if it breaks. You will not get fast movement upside but below 37000 there will be fast movement due to Long unwinding till 36500 levels or further.

Nifty 50: 15 minutes a candle

Nifty 50 ends up in bearish mode in today's trade during last half of the trading session and rejects the level of 17600 and closed near 17400. It will be bullish only above 17600 and bearish only below 17350. If Nifty 50 opens gap-up or gap-down then wait for the range for an hour and trade that range either side it breaks. Nifty 50 is bearish due to Reliance, ITC, Infy, Maruti and other heavy-weight stocks.

Niftybank & Nifty 50 intraday trading levels 24-11-21

 Nifty bank: 15 minutes a candle

1. Nifty bank has shown some recovery and that little recovery came from short covering/profit booking from short positions. IT will become bullish above 37500 but bearish trend will remain the same and trend from bearish to bullish will change when it will close above 39000 and consolidate for few days. If opens gap-up then do not trade for upside in a hustle as the premiums are decreasing quickly in a blink of an eye.

2. Nifty bank will be bearish below 36900 when a 15 minute candle closed below this level, do not enter the trade in a hustle wait for the second time or third time to cross the low of this level's range. If Nifty bank opens gap-down near 37000 then wait for the 15 minutes and enter the trade, according to your own risk because it might be a trap as today's session is quite volatile. I expect tomorrow's session will also be volatile with slow upside movement, it is due to India VIX, the premiums are inflated.

 

Nifty 50: 15 minutes a candle

Nifty 50 has recovered and closed above 17500; to become bullish the Nifty 50 has to close above 17800 and consolidate between 17800 and 18000 for few days and then we will good fast upside move. Most of the heavy-weight stocks are recovered from last's days low due to short covering and profit booking from short positions. Today's session is quite volatile due to inflated premium. I expect tomorrow's session will be flat to take advantage of premium decaying by options writers. Nifty 50 will become bullish above 17550 and bearish trade can be take below 17280.

Niftybank & Nifty 50 intraday trading levels 23-11-21

Nifty bank: 15 minutes a candle

1. Nifty bank retraced from the level of 36700 after the fall of 1500+ points from day's high. It will be bullish only above 37400, for risky traders to enter the trade early at their own risk is above 37250. If Nifty bank opens gap-up between 37400 and 37250 then wait for the range and trade the range, accordingly.

2. Nifty bank is bearish and will go down only if it breaks 36650 level to achieve 36450 and then ultimate level of 36000 from where we can see a major bounce-back of 500+points. If it opens gap-down around 36500 level then wait for the range and trade the range, accordingly.

 

Nifty 50: 15 minutes a candle

Nifty50 is bearish and test the level of 17000 as soon as possible. Due to Reliance and Bajaj twins and HDFC twins and other heavy-weight stocks are cracking more than 2-3% and this fall may continue till we see the tapering decision by US Fed. Till then look for the opportunity to add good stocks in your portfolio and look for bearish trade.

Niftybank & Nifty 50 intraday trading levels 22-11-21

Nifty bank: 15 minutes a candle

1. Nifty bank is becoming bearish day by day. The Elliot wave suggests bearishness ahead on day-candle chart. It will be bearish when breaks 37750 level with volumes and sustain for 15 minutes or more then you can see more downward movement till 37450 and then 37000 levels.

2. Nifty bank will become bullish only above 38150 but that will be slow or very fast movement(a single 5 minute green candle). For that Nifty bank has to open above 38000 and sustain above it for some green candles then you can seen the movement, ahead.

3. If Nifty bank opens gap-up around 38500 levels then do not trade for upside but look for the opportunity for downside trade.

4. If Nifty bank opens gap-down around 37500 levels as I am expecting, then wait for the range then then trade, accordingly.

 

Nifty 50: 15 minutes a candle

Nifty 50 is making bearish structure due to Reliance and Saudi Aramco deal cancelled and also many heavy-weight banks are not supporting the Nifty50 to go up, also tapering tantrum making the mood of market quite confusing which leads to this bearishness. If Nifty50 breaks 17685 then it will become bearish to achieve 17500 and above 17850 it will become bullish but 18000 will be major resistance.

Niftybank and Nifty 50 intraday trading levels 17-11-21

 Nifty Bank: 15 minutes a candle

1. Nifty bank is looking bearish and most of the banks are in selling spree, specially private banks and lenders. If Nifty bank breaks the level of 38000, then you can see heavy selling with fast movement till 37500 or further 37000.

2. Nifty bank will become bullish when crosses 38550 level and hold for an hour then you can see upward movement but the movement will be slow.

3. If Nifty bank opens GAP-DOWN below 39000, then you can see immediate selling.

4. If Nifty bank opens GAP-UP around 38500, then wait for some time and trade accordingly.

Nifty 50: 15 minutes a candle

Nifty 50 closed below 18000, if it opens flat and goes down then you can see the level of 17800 and it it breaks 17800, then 17500 will be seen in quick time. Upward movement in Nifty 50 will be seen if it crosses 18050 with enough volume and all major components of Nifty 50 should support to go up. But it is looking bearish and on daily chart the price action suggest bearishness in short term.

 

Niftybank and Nifty 50 intraday trading levels 16-11-21

Nifty Bank: 30 minutes a candle

1. If Nifty bank opens flat and crosses 38800, then Nifty bank will achieve the target of 39050.

2. If Nifty bank opens flat and breaks 38600, the Nifty bank will touch 38450.

3. If opens Gap-up around 39000 levels, then wait the range and when the range breaks either side then trade accordingly.

4. If opens Gap-down around 38500 levels, then wait for the range and when it breaks either side then trade accordingly.

 

Nifty 50: 30 minutes a candle

Nifty 50 was bullish in last trading session but can not continue. It is waiting for some good news to move upward. Let see, if there is any news before the expiry. If not then it will break 18000 to again touch 17800 levels or 17500 levels, further.

Niftybank and Nifty 50 intraday trading levels 15-11-21

Nifty bank: 15 minute a candle

1. Nifty bank will become bullish above 38825 and sustain for sometime to achieve the target of 39100 and 39500, but the movement can be slow.

2. Nifty bank will become bearish below 38475 and sustain for few minutes to achieve the target of 38000 or more, movement will be fast.

3. Risky and professional traders can enter the trade, early, if Nifty bank crosses the Red trend line, then they can buy ATM PE/PUT.

 

Nifty 50: 15 minute a candle

Nifty 50 is in bullish trend and will continue it's bullish trend if crosses 18120 level otherwise it will make a range between 18000-18100. It will be bearish below 17800 but risky traders can enter the trade early when crosses the Red trend line and the buy PE.

 

Niftybank and Nifty 50 intraday trading levels 11-11-21

 Nifty bank: 1 hour candle

1. Nifty bank will only be bullish for fast upward movement when crosses the Blue trend line and sustain for more than 15 minutes. Then we can see the target of 39500 and 41000. Keep your eyes on the change in open interest for short covering.

2. Nifty bank host the fort of 39000 levels, if the breaks 38900 and sustain for more than an hour then we can see the slow downside till 38500, which I am not expecting but we cannot say anything in the market to happen.

 

Nifty 50: 30 minute candle:

At last Nifty 50 crosses the 18000 level, sustained, re-test and close above 18000. If Nifty 50 open around 18000, then we can the short covering with upside movement till 18200-18300.

Niftybank and Nifty 50 intraday trading levels 10-11-21

Nifty bank 1 hour a candle:

1.  Nifty bank will be bullish when crosses and sustain the Orange trend line, there is a strong support of 39000-38800, if crosses and become bullish then it will continue to move till 41000 and will take a halt in the range of 40150-40450.

2. Nifty bank will be bearish when crosses 39000 level, but from below there is sudden bounce-back can be expected or slow movement for downside. Do not expect Nifty bank to fall much, what I think it will achieve 43000 level in this month.

 

Nifty 50 15 minute a candle:

Nifty 50 will be bullish when crosses the Blue trend line and sustain for 15 minute or so.