Posts

Showing posts from December, 2020

Bank Nifty: 01 Jan 2021

Entering the day with neutral positions. Short bias into the day. Yday was an inside day and 31000 has become an even stronger support than yday. We created a well balanced profile which means we are making value up here.  Value area 31277/31285 for mean reversion trades. 

Bank Nifty: 31 Dec 2020

Entering the day with neutral positions. Short bias into the day. 31000 has become an even stronger support than yday. We created a well balanced profile which means we are making value up here.  Value area 31288/31289 for mean reversion trades. 

Bank Nifty: 30 Dec 2020

Entering the day with neutral positions. Short bias into the day. 31000 has become a key support now.  Value area 31268/31317 for mean reversion trades.

Bank Nifty: 29 Dec 2020

Entering the day with long positions. Long bias into the day. This mkt will cross 31000 soon and will turn into ultra bullish mode.  Value area 30828/30893 for mean reversion trades also signifying the lvn. 

Bank Nifty: 28 Dec 2020

Entering the day with long positions. Long bias into the day. This mkt has turned back bullish and sooner than later we will cross 31000. Value area 30340/30380 for mean reversion trades. 

Bank Nifty: 24 Dec 2020

Entering the day with neutral positions. Long bias into the day. Overall mkt is not bullish unless we cross 30300 Value area 29787/29864 for mean reversion trades. 

Bank Nifty: 23 Dec 2020

Entering the day with neutral positions. Long bias into the day. This mkt is not bullish unless we cross 30300 Value area 29475/29570 for mean reversion trades. 

Bank Nifty: 22 Dec 2020

Entering the day with short positions. Short bias into the day. The bullish structure has been challenged. The global cues which were waiting have come and really moved the mkt yday. 28800 is the immediate support below which 27800 can be reached.  Value area 29496/29703 for mean reversion trades. 

Bank Nifty: 17 Dec 2020

Entering the day with short positions. Short bias into the day. Overall bullish structure. We are really waiting for global cues to move this mkt.  Value area 30731/30737 for mean reversion trades.

Bank Nifty: 16 Dec 2020

Entering the day with short positions. Short bias into the day. Overall bullish structure. We are really waiting for global cues to move this mkt.  Value area 30605/30648 for mean reversion trades. 

Bank Nifty: 15 Dec 2020

Entering the day with neutral positions. Long bias into the day. Overall bullish structure. Yday was a ID/NR7 day with low volumes - the break from here would be powerful.   Value area 30775/30778 for mean reversion trades. 

Bank Nifty: 14 Dec 2020

Entering the day with short swing positions. Short bias into the day. Overall bullish structure. Yday mkt just created further value in the previous 2 days’ range. We are in a short term balance with 30880 and 30340 as the contours.  Value area 30603/30606 for mean reversion trades. 

Bank Nifty: 11 Dec 2020

Entering the day with short swing positions. Short bias into the day. Overall bullish structure. Yday mkt showed recovery towards the end and this mkt isnt weak by any means.   Value area 30520/30567 for mean reversion trades. 

Bank Nifty: 10 Dec 2020

Entering the day with long swing positions. Long bias into the day. Overall bullish structure. Yday we broke out of the inside day and price action looks really strong.   Value area 30667/30718 for mean reversion trades.

Bank Nifty: 09 Dec 2020

Entering the day with neutral swing positions. No bias into the day. Overall bullish structure. Yday was almost an inside day hence pdh/pdl gain more prominence.  Value area 30290/30303 for mean reversion trades. 

Bank Nifty: 08 Dec 2020

Entering the day with long swing positions. Long bias into the day. Overall really bullish structure.  Value area 30244/30257 for mean reversion trades. 

Bank Nifty: 07 Dec 2020

Entering the day with no swing positions. Long bias into the day. We broke out of the balance area yday and are looking dangerously bullish.  Value area 29940/30070 for mean reversion trades. 

Bank Nifty: 04 Dec 2020

Entering the day with no swing positions. Short bias into the day. We are well balanced between 28850 and 29800.  Value area 29601/29632 for mean reversion trades. Yday was an inside day hence pdlh become more important. 

Bank Nifty: 03 Dec 2020

Entering the day with no swing positions. Short bias into the day. We are well balanced between 28850 and 29800.  Value area 29572/29587 for mean reversion trades.