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.