My Views, My Trades - My Posts

[traderniftybull]

And to be bullish,
more important is to cross and sustain above 10666 for NF and 25725 for BNF,

 

[traderniftybull]

BNF is in 15/17 points discount

 

[traderniftybull]

DOW

Look at it

done a new ATH
25690.1

 

[traderniftybull]

DOW

on rampageeeeeeeeeeee

 

[traderniftybull]

DOW

Congestion seen at 25925
Should reach there
Should hold / trade above 25725

LTP 25765

IMO, should do in 1-2 trading sessions, but Monday is holiday,
so should complete it today itself
Just my view

 

[traderniftybull]

And to be bullish,
more important is to cross and sustain above 10666 for NF and 25725 for BNF,

and
NF / BNF crossed and sustained above 10666 / 25725

 

[traderniftybull]

A similar observation (using same study) was made y'day (sorry I forgot to post) for BankNifty index

BN (Index)
An up move sustaining above 25575 will give a move to 25750 (around)

And I failed to observe a similar observation

for NS it completed on Friday itself
but
for BN index, likely to give a move around/above 25800, so still some 50 points

 

[traderniftybull]

BNF

Congestion seen at 25825
Should reach there
Should hold trade above 25700

LTP 25735

 

[traderniftybull]

NF

Congestion seen at 10707 (minor CP), 10727 (major CP)
Should reach there
Should hold/trade above 10677

LTP 10684.2

 

[traderniftybull]

BNF

Did an high of 25754

Caution ahead
Now if it breaks 25700
or
moves up (above 25777) and dips and then breaks 25725
and remains below these (25700 and 25725) levels

some lower CPs are there (BTW, lower CPs are always there)
and BNF may move for joining them lol lol

Use SL/TSL

and you all know
On Friday, what happened, when BNF fell below 25700.

Now
The danger has not yet averted, still there, but to some lesser intensity

So,
have caution, if BNF crosses and remains below 25700.

Use SL/TSL