Posts

Showing posts from February, 2021

Bank Nifty: 01 Mar 2021

Entering the day with short positions. Short bias into the day. NF has gotten more bearish whereas BNF is close to being bearish. IV creeping up across the board 35049/35209 for mean reversion trades.

Bank Nifty: 26 Feb 2021

Entering the day with long positions. Long bias into the day. Was a calm expiry. NF is bearish whereas BNF is neutral.  36806/36893 for mean reversion trades. 

Bank Nifty: 25 Feb 2021

  Entering the day with long positions. Long bias into the day. Even after today’s strong move, NF still is bearish whereas BNF is neutral.  36042/36289 for mean reversion trades. 

Bank Nifty: 24 Feb 2021

Entering the day with neutral positions. Long bias into the day. Still NF is bearish whereas BNF is neutral now.  35216/35284 for mean reversion trades.

Bank Nifty: 23 Feb 2021

Entering the day with short positions. Short bias into the day. Overall NF turned bearish whereas BNF has turned neutral now.  35310/35453 for mean reversion trades. 

Bank Nifty: 22 Feb 2021

Entering the day with short positions. Short bias into the day. Overall NF is in neutral zone whereas BNF still has traces of bullish momentum left unless we cross 35500 to the downside.  35941/36033 for mean reversion trades.

Bank Nifty: 18 Feb 2021

Entering the day with neutral positions. Short bias into the day. NF back in the previous congestion range whereas BNF still above it. Hence overall bullish structure   36990/37050 for mean reversion trades.

Bank Nifty: 17 Feb 2021

Entering the day with neutral positions. Short bias into the day. Moved down after yday’s strong move but the value area hasn't come down. Hence overall bullish structure   37263/37282 for mean reversion trades. 

Bank Nifty: 16 Feb 2021

Entering the day with long positions. Long bias into the day. Bursted out from the consolidation zone - ultra bullish now 37169/37354 for mean reversion trades.

Bank Nifty: 15 Feb 2021

Entering the day with long positions. Long bias into the day. We’ve been consolidating for 6 days now in a 1100 point range. Overall very bullish  36075/36177 for mean reversion trades.

Bank Nifty: 08 Feb 2021

Entering the day with neutral positions. Short bias into the day. The system has generated short intraday bias thrice now after 6 straight days of long bias. What a week it was - mkt climbed 5000 pts in 5 days!  Value area 35804/35944 for mean reversion trades.

Bank Nifty: 04 Feb 2021

Entering the day with neutral positions. Short bias into the day. Finally the system generated short intraday bias after 6 straight days of long bias. Lot of call writers at 35000 which is indeed a resistance. After a tumultuous week, its only fair to expect a calm expiry Value area 34631/34715 for mean reversion trades.

Bank Nifty: 03 Feb 2021

Entering the day with long positions. Long bias into the day. Yday we opened with a gap and showed good follow through Value area 34260/34350 for mean reversion trades.

Bank Nifty: 02 Feb 2021

Entering the day with long positions. Long bias into the day. What a turn around due to budget - finished at ATH. Surely we’ll get a follow through.   Value area 32614/33014 for mean reversion trades.