Power Of Stocks

More then 100 points fall from mentioned level .

Those who are in short maintain a sl of 34920 in spot don't take any big risk.

Now market taking resistance near to 35000 levels in banknifty ,in the above chart if it break current candel low and 34880 spot level then only selling will happen.

Today I am not available for today video.

The above chart of 35700CE, looks bearish after trendline break target 1:2.

As market opening in -ve so don't take any big qty in buying side as it's not open flat, for selling wait for price action after open.

Good morning every one.

finally it breaks up side but the momentums is very sharp.

In 5 min it's in a completely narrow range, it can break either side have strict sl. and after a close of candel above or below this range then only plan trade.

Looks good 35000 price action currently trading at 26,sl should be day low .

in 15 min chart as the market continuously holding 34700 levels, breaking of trend line upper side can cross today high and convert into bullish, It's a risky trade sl should be below low ,

Don't create any fresh short at least for today as it's taking support at 35000.

BNF Till 12.30 should be consolidated between 34950 to 35050 level, and after that if it breaks upside then only momentum will happen otherwise it's a sideways market

Bank nifty chart on 5 min , as you can see it looks bullish on the smaller time frame if it able to make today's high short covering may happen.

Bank nifty looks bulish now those who are in short trail sl or have tight sl as bank nifty holding pervious day low .

Note:- For selling market has to cross below 34580 spots, as per small time frame market looks lil positive, still it has crossed above 35800 and give a close in 15 min chart , don't take a heavy position until this range break.

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