Markets With Mack
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Markets With Mack

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Markets Moving as Per Plan,Just want to mention one Thing,Don’t Hold Trades For Too Long,Since The Sooner We are to Elections,The Higher Chances Of High Volatility Will Increase

Since we discussed yesterday about reversal and good closing,If today also if we close strong,thats again an indication of Buyers Strength Going Up & That Will Definitely Help
Finnifty Making Pole & Flag Pattern in 15 mins Timeframe,Its expiry is also today,Keep an eye on 21300,Although there is heavy call writing near that area but if it manages to break 21300 and sustain for 15 mins,A very sharp buying momentum can be triggered & Finnifty is used to such moves,So keep an eye
Video on Nifty Banknifty Analysis Coming In 15 mins
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Nifty Banknifty Analysis For Tomorrow

Key areas where Sellers Can Be Active Tomorrow & Banknifty Expiry Gameplan
Markets With Mack
Nifty Banknifty Analysis For Tomorrow Key areas where Sellers Can Be Active Tomorrow & Banknifty Expiry Gameplan
Not much of action till now,Pretty silent as compared to other days,After 2 back to back Buying,Today is just a halt day

Next leg of aggressive upmove will only come once we cross 22350 and sustain above it
Video on Nifty Banknifty Analysis For Tomorrow is Coming in 15 mins

Stay Tuned
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Nifty Banknifty Analysis For Tomorrow with Nifty Expiry Gameplan & Next Moves Planning
Bulls not ready to giveup,Crazy Volatility Today and It seemed like we were going to close near day low but sharp reversal on the upside clearly shows this time bulls are not ready to give up

Although Aggressive buying will be seen once we cross 22350 thats the area we have been continuously reversing on the downside,If we close at days high,Tomorrow can be a great day for Bulls
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Nifty, Banknifty & Sensex Expiry Analysis For Tomorrow

Have Discussed Today's Crazy Volatile Day & Reason Behind Sharp Reversal & Tomorrow's Gameplan
Looking at Price Action and Data,As far as Sensex Expiry is Concerned

Expecting Sensex To Expire Above 73400,One can short puts of 73400 or below with proper SL
Markets With Mack
Looking at Price Action and Data,As far as Sensex Expiry is Concerned Expecting Sensex To Expire Above 73400,One can short puts of 73400 or below with proper SL
Trade worked as per plan & Markets moving as per plan

Would recommend not to carry any positions over the weekend since you might get caught in random gap ups and gapdown

For the next 1 month,if we just keep ourselves to trading intraday still there will be ample opportunities
Nifty Banknifty Analysis For Tomorrow

After a Great Last Week For Bulls,Currently Index Looks Stable and Positive,Saturday also we opened for some time and closed a little higher

Currently in 15 mins Timeframe Nifty is making pole and flag pattern and For Buying To Continue One can Plan Buying If we sustain for 15 mins above 22525,We can plan a long side trade

To trade a reversal one needs to wait and see price action for first 1 hour,If thats negative and we go below 22440 and sustain for 15 mins below this,a Reversal Trade can be taken

As said multiple times before,When the event is very near,Reversals are evident and if given an opportunity you should trade that as well

Incase of a Gap up/Gapdown of more than 75 points,Simply mark 1st 30 mins range and trade accordingly
As far as Banknifty is Concerned,Its Price Action is also similar to Nifty

It is also making a Pole & Flag Pattern In 15 mins Timeframe & Tomorrow If one is planning for an upside trade,Let Banknifty Sustain above 48275 for 15 mins and Above That a Good Runup Towards 48400-450 is easily possible,Keep an eye near 48400 since Banknifty has taken multiple rejections in this area so be cautious

For Sell Side Trade Plan Only When We Go Below 47975 and sustain for 15 mins a good reversal move is possible whenever we have gone below this area for Reversal side,We have seen good downmove

Incase of more than 150 points Gapup/Gapdown,Trade on First 30 mins Funda

Tomorrow we also have Finnifty’s Expiry

Currently Trading Near a Very Strong Weekly Resistance of 21565,If it manages to go above that and sustain positively,We can possibly see aggressive moves on the upside,Since the banks which did not participated in the last rally are participating now

As said before when things look very good for Buyers,Sellers come and spoil the party,So for Reversal Trade Keep an eye Below 21430 If Finnifty Sustains For More Than 15 mins Below This Area,We can see some sharp Reversal Moves

In live market,If there is any good Opportunity or Observation,Will Share Here,Kindly be active during market hours
We opened a big gapdown but reversed very sharp from there and currently trading in between the range of first 30 mins i.e 22403-22510,For any good trading opportunity let market break this range only then trade else it will just time pass
Markets With Mack
Bought Polycab Today Worth 31 lacs,Why because there is fear all around,People are giving 3 digit targets and everyone is selling like mad Yes there is a reason behind it,a strong reasons,But its an issue which can be resolved hence there might be hiccups…
Will look to book partial profits in this counter,Dont want to loose all incase we correct in correction

This again reminds me and all that Good stocks when hammered,Buying with full conviction gives you amazing profits
Nifty Banknifty Analysis For Tomorrow,Daily Analysis Video Will Come From Thursday

Today Nifty Opened Gapdown,But Recovered Immediately & As I Discussed To Wait For First 30 mins,Mark The Range & Then Trade,It worked pretty well and Nifty Gave Good 75-80 points and after that we saw small profit booking

Looking at Price action,things are pretty balanced,Structure & Price is all positive so our First Priority will be to look for Long Trades,Looking at Price Action If Nifty Sustains Above 22545,One can plan for a long side trade

As far as selling is concerned,22615 is an area where we have see multiple times resistance and support breakdown,So if we make any Strong Red Candle Near This area it will be a very good opportunity to sell,2nd selling or Reversal Opportunity is when we go below 22400 Todays Low and Sustain Below It

Incase of More than 75 points Gapup/Gapdown,Keep it simple & Trade First 30 mins Funda
As far as Banknifty is Concerned,Tomorrow we have Weekly Expiry as well,It was not a very Bullish Day,We saw selling from Top & There have been multiple rejections near 48250,So To Plan a Long side Trade,Wait for Banknifty to sustain above 48250 and then one can plan to buy

For Selling Today already we saw some selling momentum,Currently we are very close to 48000,But 47900 has very strong support & Previously it acted as resistance multiple times and now if it goes down near 47900,It will act as a support & If that support breaks and we go below 47900 and make a strong negative candle,One can plan for a good Short Side Trade

Incase of Gapup/Gapdown Of More Than 150 points,Simply trade first 30 mins funda & Tomorrow Incase of any Good Opportunity or Update Will Share During Live Markets

Will try to post regular videos from Tomorrow here in Telegram
Sorry was out of network the whole day yesterday,hence couldn’t update

Today is Nifty’s Expiry & Currently We are very near to All Time High,Its been a good momentum till now but since the Election Results are very near,I won’t be suggesting to carryforward trades,that will be very risky since any day a big gapdown and after that sharp selling can trigger sentiments pretty quickly

Trading Intraday atleast will negate the overnight risk which you carry
I don’t know if i should say this

But my gut feeling is We will fall pretty good after elections

Markets are pricing in the results and maybe from next week onwards we might fall

I will take 5-6% risk and that will be very high risk,But this bet is an instinctive bet and not logical thats for sure
Nifty Banknifty & Sensex Expiry Analysis For Tomorrow

Tremendous Day Today,This move was pretty smooth for buyers and the momentum was very good,What makes me uncomfortable is that slowly we are going to the phase where its overbought & its pretty evident that this move is very similar to of 2004 elections time and post results very likely markets will make an excuse to fall

So those who think that markets will go mad after elections on upside might catch the bus when its too late

For tomorrow as far as Nifty is Concerned,Strong Positive Candle with Strong Closing

For Buying One Can Plan for a short scalp trade above 22980 and dont expect a very big move upside like today,Since markets are continously rallying,tomorrow it might not rally big so if you get a good upside move,better book it

For Selling or Reversal,Only Plan If we open more than 75 points Gapup/Gapdown and Break First 40 mins Range Low,Then There is a possibility of a sharp reversal else markets will just try to consolidate where it is right now