NIFTY & BANKNIFTY Plan for Week
Last week was a rocker of a week, worked beautifully with the plan and the market movements.
------------- WEEKLY ANALYSIS 14 DEC -----------------------
NIFTY & BANKNIFTY have had another up week with no overlaps.
We will be looking to trade the break of the VA of the week ( marked in Square )
Monday open suggests hold outside- can look for that region to hold for a long side play
Upside Tgts :
(NF Hold abv 13535F for Tgt: 13665, BNF abv 30670F for 31100F)
back into VA will look to rotate inside to other end
Downside tgt :
NF: 14340/13265 , BNF: 3033/29800
------------- WEEKLY ANALYSIS 14 DEC -----------------------
NIFTY & BANKNIFTY have had another up week with no overlaps.
We will be looking to trade the break of the VA of the week ( marked in Square )
Monday open suggests hold outside- can look for that region to hold for a long side play
Upside Tgts :
(NF Hold abv 13535F for Tgt: 13665, BNF abv 30670F for 31100F)
back into VA will look to rotate inside to other end
Downside tgt :
NF: 14340/13265 , BNF: 3033/29800
Komen:
For Both Banknifty and NIFTY we have a failed break and a move inside last week's VA. Hold inside that we will look to test the other side of VPOC and VAL for both NF and BNF
Komen:
Both #NIFTY and #BANKNIFTY has bounced off exactly the weekly Vpoc references from previous session.
