Forwarded from Levels Of Conviction_Premium (L.O.C)
#Banknifty - everyone's favorite.
In last two weeks many traders lost reasonable amount in bnf.
Now bnf standing at Make or break zone / level #Updated new zone now.
49791-49531
Be very careful going short in "this zone" as it's HTF demand point.
Any fundamental news / update on bank nifty
It may trigger "short squeeze"
Upside target marked in the highlighted levels
Red are the intermediate levels / targets
Ultimate target would be a HTF supply point. 52815 and above marked levels.
Last encoded zone would be 53479 to 54160 zone.
In last two weeks bank Nifty done good fundamental time and price correction.
Perhaps once a weekly/ (2 consecutive days) daily or a monthly close below 49531 level. Bank nifty will be bearish
In last two weeks many traders lost reasonable amount in bnf.
Now bnf standing at Make or break zone / level #Updated new zone now.
49791-49531
Be very careful going short in "this zone" as it's HTF demand point.
Any fundamental news / update on bank nifty
It may trigger "short squeeze"
Upside target marked in the highlighted levels
Red are the intermediate levels / targets
Ultimate target would be a HTF supply point. 52815 and above marked levels.
Last encoded zone would be 53479 to 54160 zone.
In last two weeks bank Nifty done good fundamental time and price correction.
Perhaps once a weekly/ (2 consecutive days) daily or a monthly close below 49531 level. Bank nifty will be bearish
Forwarded from Levels Of Conviction_Premium (L.O.C)
In SMALL timeframe
It's holding at sniper buy level with SL at 49690 level. If this trade works then it will target above levels one by one.
Since no Fno trades.
No recommendation on going long / short on index
#just a study to observe
It's holding at sniper buy level with SL at 49690 level. If this trade works then it will target above levels one by one.
Since no Fno trades.
No recommendation on going long / short on index
#just a study to observe
Forwarded from Levels Of Conviction_Premium (L.O.C)
I'm a little busy this week..
Probably dust will settle by then..
That's all for the day.
Hope this will help you.
Good night.
Probably dust will settle by then..
That's all for the day.
Hope this will help you.
Good night.
Forwarded from Levels Of Conviction_Premium (L.O.C)
US July PPI Inflation falls to 2.2%, below expectations of 2.3%.
Core PPI inflation falls to 2.4%, below expectations of 2.7%.
PPI inflation is now at its lowest level since March 2024.
A September rate cut is on its way.
Core PPI inflation falls to 2.4%, below expectations of 2.7%.
PPI inflation is now at its lowest level since March 2024.
A September rate cut is on its way.
Levels Of Conviction_Premium (L.O.C)
In SMALL timeframe It's holding at sniper buy level with SL at 49690 level. If this trade works then it will target above levels one by one. Since no Fno trades. No recommendation on going long / short on index #just a study to observe
If tomorrow gap up in banks..
Understand one thing
The smart player has already done his job.
Read above msg once. Again
Good night all.
Understand one thing
The smart player has already done his job.
Read above msg once. Again
Good night all.
Shared few more charts in Premium channel.
Interested people who like study they can join Premium channel.
Example of given trade + chart
Interested people who like study they can join Premium channel.
Example of given trade + chart
Follow the arrow and the study
#Axis bank daily
#Axis bank daily