Budget Day Trading Important Points You Should Know

Most of the Professional traders do not choose to trade on the budget day as it involved wild swings and one bad trade can give you a big hit on your trading account  but there are many traders who wait for this day to take a plunge. Most of the traders end up losing a … Read more Budget Day Trading Important Points You Should Know

A look at history: Bank Nifty on budget day

Union Budget 2020 will be presented on 01 Feb by Honorable Finance Minister Shri Nirmala Sitharaman ji. 2nd Budget in the Leadership of our Beloved PM Shri Narendra Modiji after he was elected again in 2019 with a thumbing Majority. This Budget will have loads of Expectation. Market will have Close Eye on Fiscal Deficit … Read more A look at history: Bank Nifty on budget day

Bank Nifty Crashes after Union Budget

As Discussed in Last Analysis Fresh long should be taken above 31660 for a move towards 31784/31964/32054. Shorts should be taken below 31305 for a move towards 31216/31128/31040/30952. Shorts did the target on downside,Neural Analysis worked perfectly and we saw big fall on 08 Jul and once below 31000 had a big fall. Now Bulls … Read more Bank Nifty Crashes after Union Budget

Bank Nifty Budget Day Analysis

We were not able to discuss analysis yesterday,Apologies for that. Bank Nifty has formed doji on day before budget Bulls need to move above 31610 for a move towards life high of  31784/31964/32054. Bears will get active below 31490 for a move back to 31338/31250/31015. Trade cautiously as we will see wild and volatile swings. … Read more Bank Nifty Budget Day Analysis

Bank Nifty Bounce from Budget Low

As Discussed in Last Analysis  Bulls need to close above 27200 for a move towards 27300/27450/27555/27656. Bears will get active below 27000 for a move towards 26920/26785/26666. Bears were able to do 1 target on downside,Bulls need to close above 27250 for a move towards 27360/27450/27555/27656. Bears will get active below 27000 for a move … Read more Bank Nifty Bounce from Budget Low

Bank Nifty Technical setup after Budget

As Discussed in Last Analysis Now as tomorrow being a Budget day and lot of volatility will be seen in market so trade with extreme caution, Bulls will get active above 27360 for a move towards 27496/27622/27754/27840. Bears will get active below 27100 for a move back to 27000/26920/26800/26700/26555. Both Bulls and Bears were able … Read more Bank Nifty Technical setup after Budget

Bank Nifty Technical setup for Budget day

As Discussed in Last Analysis Now Till we are above 26750 Bulls have upperhand and can push bank nifty towards 27045/27225. 27000 is our vedic number and any close above it can easily see rally of 350-500 points. Bank Nifty did all target on upside and also rallied 325 points above 27000 and 500 points … Read more Bank Nifty Technical setup for Budget day

Bank Nifty technical setup after Budget

As Discussed in Last Analysis  As we have budget tommrow with loads of volatility.I have mentioned the intraday levels use them for trading. Bulls need a close above 27000 for the uptrend to continue,Below 27000 we can see quick fall towards 26780/26570. Bullish above 27455 for a move towards 27777/28000. Important intraday time for reversal … Read more Bank Nifty technical setup after Budget