SHYAMA TRADER

Nifty and BankNifty Fib levels For 12-11-2023 #Jaishreeshyam #MuhuratTrading #Happy_Diwali

Verdict For 09-11-2023: BankNifty: View is same like yesterday as Banknifty didn't broke any of our S/R Nifty: last day Market closed fully sideways and as we have Nifty expiry today, we can expect some movement, Nifty closed below 19450 which means mostly sellers are invited so best we can find in market today is in first half sideways below 19500 than in second half we can try to take some trade either near support or near resistance breakout...

Nifty Chart Link: tradingview.com/x/DUBUFh3u/ BankNifty Chart Link: tradingview.com/x/Ml3ZtZoG/

Nifty and Banknifty Fib levels For 09-11-2023 #Jaishreeshyam

Verdict For 08-11-2023: BankNifty: Overall Trend seems Bullish but today Banknifty is going to reach nearly 44000 PSY first time in last 20 days so I don't think it will break it one go, we may see first rejection near 44k level but it doesn't mean the trend is going to change we may see 100-150 points correction once 44k reach or we may see market sideways than it will be good for tomorrow and market can go higher and if market breaks 44k level with big candles without retracement and holding than we can see some Trap.. Nifty: Nifty also approaching 19500 PSY so plan will be same as BNF..

Nifty Chart Link: tradingview.com/x/ssX8eUXL/ BankNifty Chart Link:tradingview.com/x/h6bz6fEK/

Nifty and Banknifty Fib levels For 08-11-2023 #Jaishreeshyam

Nifty Chart Link: tradingview.com/x/DyuZGBSU/ BankNifty Chart Link:tradingview.com/x/W2wyGID4/

Nifty and Banknifty Fib Levels and Verdict For 07-11-2023 #Jaishreeshyam Nifty/BankNifty: Market closed in bullish zones and now global markets showing a sideways opening, From the last 3-4 days we are not getting any momentum in intraday just because of BIG Gap-Up or Gap-down, but today if we got any flat opening in the range of Nifty(19370-19450) and BankNifty(43540-43670), we can expect some momentum either side so today best we can try is reversal trade in second half.

Verdict For 06-11-2023: Nifty: according to the global market or gift Nifty it looks a big Gap-up in market which may be not much beneficial for us to trade in intraday, Incase of a Big Gap-up we will wait for some pullback to enter, or in case of small Gap-up near 19300 we will wait for 4-5min to hold on level before entering trade. BankNifty: The Market closed in a Bullish area, gap-up above 43500 will be good for our first trade. small gapup below 43500 I will either wait for breakout or skip the day.. Choosing BankNifty to trade today according to levels.

Nifty Chart Link: tradingview.com/x/oqZcVCE9/ BankNifty Chart Link:tradingview.com/x/UZE66kTm/

Nifty and Banknifty Fib levels For 06-11-2023 #Jaishreeshyam

Verdict For 02-11-2023: BankNifty: Again Market is repeating itself like 4oct23-18oct23 random gapup gapdown all because of news So if Banknifty opens big gapup than i will wait for 2-3 mins to settle down market and if i get to see market taking resistance from 43080 level than i will try to take my short trade Overall view is mix will take action according to preopen Nifty: last day market closed below 19000 which means many sellers are sitting there so after opening market may try to go little more up will follow only levels today remaining first trade plan will be shared after pre-opening levels

Nifty Chart Link: tradingview.com/x/KJAlPK6W/ BankNifty chart Link: tradingview.com/x/bQgJKIER/

Nifty and Banknifty Fib levels For 02-11-2023 #Jaishreeshyam

Verdict For 01-11-2023: BankNifty: Market overall is in Downtrend and there's some news also in market If BankNifty able to Hold 42730-42830 zone that we can see it will try to go up if this zone broke than we can see banknifty to go Down or it may Cross Previous swing also if this happens we can see big targets for Downside in Upcoming Days NIFTY : Nifty also Doing same but it has some major support zone downside which is 19000 if we see further selling we can see this level to break tomorrow on Nifty Expiry For today BankNifty is at good level to watch will see Nifty tomorrow

Nifty and Banknifty Fib levels For 01-11-2023 #Jaishreeshyam

Nifty Chart Link: tradingview.com/x/nYWI9JaP/ BankNifty chart Link: tradingview.com/x/a4FRIUQr/