Where To Sell BANKNIFTY?

Banknifty resistance starting from 27777 to 28073 as per channel.
Last update was for paid customers at 27777 for sell which was below (4).

 

  • Nifty is going to open gap up 78-89 points positive. Expected 110-129 points positive after opening. We have created a sell strategy for NIFTY
  • Wall Street opened lower on Friday.
  • Oil prices fell on Monday.
  • Moody’s Investors Service on Friday cut India’s GDP growth forecast for 2019 calendar year to 6.2
  • percent from the previous estimation of 6.8 percent.

 

Let’s look at a higher timeframe chart.

 

As per the daily chart, fall is still left but the question is where to sell?
Detected tail in the last secession.

BANKNIFTY target updated on 2:00 PM 28th, AUG 2019

In the last update written to sell banknifty 28310 nearby but, I did not mention target and told you that will update shortly.

Banknifty made high 28245 and started to fall down.

Target banknifty 27743(trendline support) and breaking / staying below it will be a target at 27605.

To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

Continue reading

The spot NIFTY : Trade Setup for Monday

There’s two PLAN for trade.

  • PLAN A: (Trade with Risk) Short Sell 11028-11057 with stop loss of 11067 for the targets 10911 and 10822
  • PLAN B: short 11100-11125 nearby with stop loss 11158 for same targets 10955 and 10822

Only above 11195 above, Positiveness expected, otherwise, the possibility to move 10800-10650 (New low).

NOTE: actually, alway buy at excess when it at value low, but presently we have created short plan because resistance.

To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

Continue reading

Report Of NIFTY With Daily Chart And Intraday Chart

The spot nifty is following channel of 15 minutes chart.

Reference of timeCycle(i), We have projected timeCycle(ii) for the target (4rth wave) at 11280 expected 20th AUG 2019.

The control price also can gravitate the price toward 11280, if this 3rd wave is clear.

Worry about long traders 10923 below. Suppose to break this level will create heavy short position.

An excess(iii) has been found value high, therefore expected excess(iv) at value low which is still not created. As per this statement, the Fall is still left.

To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

Continue reading

Target of BANK NIFTY using channel

After the long TIME, we are going to update BANKNIFTY for you FREE.

Target for BANKNIFTY 28309 and support from channel 27736. If we are moving toward the target, BANKNIFTY will not test support.

Update on 16th AUG. 2019 (time 11:00 AM))

Support has been taken by BANKNIFTY with low of 27722 and Our support was given at 27736.

To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

Continue reading

NIFTY channel on 15min chart for buy sign

We have enjoyed last more than 150 points on NIFTY AUG. CLICK HERE TO check.

Channel support 10996 and “control price” support at 11069.

Target is 11264 as per daily chart of gravitation.

What should be the entry point?

Trade 1: BUY Aug NIFTY future. 11015 nearby with stopl loss of 10975 below and targets 11140-11167 and 11222-11300.

Trade 2: BUY NIFTY AUG. 11000 below with stop loss 10975 below and target 11100-11165 and 11222

There are also support for banknifty.

To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

Continue reading

Investors eye is ready to invest money, NIFTY

Nifty trading in the middle of the channel.

  • The channel, “Gravitating Price” which is from (1) to (7) is a magnetic price toward it.
  • There are 3 excesses already display in the chart.

In respect of excess(iii), Nifty will create excess (iv) presented which is the expected range of 10811 to 10600.

This range of excess(iv) will strongly attract Investors to buy. Caused by breakdown strategy, buying zone is already started in nifty.

For the target of pullback using Fib. Retracement, 38.2% is at 11088 and final target 11316(gravitating value) nearby of 68.8%.

We bought NIFTY future AUG. and waiting for target 11088-11100 and last 11188

PLAN TO TRADE

To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

Continue reading