Will be using this thread as an example at the end of that thread tomorrow.
Anyways, let's begin!
#BANKNIFTY
— Nikita Poojary (@niki_poojary) October 10, 2021
Outlook for the week Oct 11 - Oct 14, 2021
Compiled here\U0001f447
#BANKNIFTY
— Nikita Poojary (@niki_poojary) October 17, 2021
Outlook for the week Oct 18 - Oct 21, 2021
Clear BO on the Weekly TF
1/4 pic.twitter.com/oh7F1AEsH7
#BANKNIFTY
— Nikita Poojary (@niki_poojary) October 31, 2021
Outlook for the truncated week Nov 1- Nov 3, 2021
On a higher TF structure has changed to -ve, bounces would be utilized as a selling opportunity
However this is the first selling so first pullback can be expected
Detailed explanation on the charts pic.twitter.com/7UxQBZ3QFq
#BANKNIFTY
— Nikita Poojary (@niki_poojary) November 14, 2021
Outlook for the week Nov 15 - Nov 18, 2021
Weekly: Confirmation of Bearish Engulfing as BNF started trading below 39115
Tgts for the same are: 37665 & 36383 pic.twitter.com/ibYEKTRm2F
#BANKNIFTY
— Nikita Poojary (@niki_poojary) November 21, 2021
Outlook for the Monthly Expiry week Nov 22 - Nov 25, 2021
Weekly: Downtrend continued wrt Bearish Engulfing, however it still hasn't touched the first tgt of 37655
But BNF is near an imp support of 37700, so a small bounce couldn't be ruled out https://t.co/tmpz7gCKbj pic.twitter.com/ef7NpZZbZP
#BANKNIFTY
— Nikita Poojary (@niki_poojary) December 5, 2021
Outlook for the week Dec 6, 2021
Nov Monthly: Bearish Engulfing (BE) formation done however confirmation would be once it starts trading below 35695
Weekly: After three weeks of relentless selling, last week was a doji candle, which shows indecisiveness. pic.twitter.com/lFAgRyT0w8
#BANKNIFTY
— Nikita Poojary (@niki_poojary) December 12, 2021
Outlook for the week Dec 13, 2021
Nov Monthly: Bearish Engulfing (BE) formation done however confirmation would be once it starts trading below 35695
Weekly: There are no lower lows, however we need a higher highs in weekly to change the stance from neutral to +ve pic.twitter.com/jY82FEvPJU
#NIFTY
— Nikita Poojary (@niki_poojary) December 19, 2021
Outlook for the week Dec 20, 2021
Monthly TF: Long wicks since Oct 2021 indicates prices are unable to sustain at higher levels
So far series of Lower highs in monthly candles pic.twitter.com/Ye1btFJjjX
#BANKNIFTY
— Nikita Poojary (@niki_poojary) January 9, 2022
\U0001d40e\U0001d42e\U0001d42d\U0001d425\U0001d428\U0001d428\U0001d424 \U0001d41f\U0001d428\U0001d42b \U0001d42d\U0001d421\U0001d41e \U0001d430\U0001d41e\U0001d41e\U0001d424 \U0001d409\U0001d41a\U0001d427 \U0001d7cf\U0001d7ce, \U0001d7d0\U0001d7ce\U0001d7d0\U0001d7d0 \U0001f9f5
Will be covering multi-time frame analysis:
1. Monthly TF
2. Weekly TF
3. Daily TF
4. Hourly TF
& watch out for two strategies for the week for safe & moderate risk profiles\U0001f603\u270c\ufe0f
#BANKNIFTY
— Nikita Poojary (@niki_poojary) January 16, 2022
\U0001d40e\U0001d42e\U0001d42d\U0001d425\U0001d428\U0001d428\U0001d424 \U0001d41f\U0001d428\U0001d42b \U0001d42d\U0001d421\U0001d41e \U0001d430\U0001d41e\U0001d41e\U0001d424 \U0001d409\U0001d41a\U0001d427 \U0001d7cf\U0001d7d5, \U0001d7d0\U0001d7ce\U0001d7d0\U0001d7d0 \U0001f9f5
Will be covering multi-time frame analysis:
1. Weekly TF
2. Daily TF
3. Hourly TF
4. 15min TF
#BANKNIFTY
— Nikita Poojary (@niki_poojary) January 23, 2022
\U0001d40e\U0001d42e\U0001d42d\U0001d425\U0001d428\U0001d428\U0001d424 \U0001d41f\U0001d428\U0001d42b \U0001d42d\U0001d421\U0001d41e \U0001d430\U0001d41e\U0001d41e\U0001d424 \U0001d409\U0001d41a\U0001d427 \U0001d7d0\U0001d7d2, \U0001d7d0\U0001d7ce\U0001d7d0\U0001d7d0 \U0001f9f5
Will be covering multi-time frame analysis:
1. Monthly TF
2. Weekly TF
3. Daily TF
4. Hourly TF
5. 15min TF
#BANKNIFTY
— Nikita Poojary (@niki_poojary) January 31, 2022
\U0001d40f\U0001d41e\U0001d427\U0001d42e\U0001d425\U0001d42d\U0001d422\U0001d426\U0001d41a\U0001d42d\U0001d41e \U0001d41a\U0001d427\U0001d41a\U0001d425\U0001d432\U0001d42c\U0001d422\U0001d42c
\U0001d40e\U0001d42e\U0001d42d\U0001d425\U0001d428\U0001d428\U0001d424 \U0001d41f\U0001d428\U0001d42b \U0001d42d\U0001d421\U0001d41e \U0001d430\U0001d41e\U0001d41e\U0001d424 \U0001d405\U0001d41e\U0001d41b \U0001d7cf, \U0001d7d0\U0001d7ce\U0001d7d0\U0001d7d0
Will be covering multi-time frame analysis:
1. Monthly TF
2. Weekly TF
3. Daily TF
4. Hourly TF
#BANKNIFTY
— Nikita Poojary (@niki_poojary) February 6, 2022
\U0001d40e\U0001d42e\U0001d42d\U0001d425\U0001d428\U0001d428\U0001d424 \U0001d41f\U0001d428\U0001d42b \U0001d42d\U0001d421\U0001d41e \U0001d430\U0001d41e\U0001d41e\U0001d424 \U0001d405\U0001d41e\U0001d41b \U0001d7d5, \U0001d7d0\U0001d7ce\U0001d7d0\U0001d7d0 Thread
Will be covering multi-time frame analysis:
1. Monthly TF
2. Weekly TF
3. Daily TF
4. Hourly TF
5. 15min TF
— Harsh (@HarshAsserts) September 11, 2020
When trading,moods will want to influence ur decisions
— Banknifty Addict (Gaurav) (@BankniftyA) December 29, 2019
How to minimize:
-Have a backtested plan/system
-Know yourself(emotion and panic levels)
So trade size is important to keep ur emotions in check
-dont focus too much on pnl
-have a back up plan ready
& last stay positive!!
Backtest the complete expiry and practice again and again till u develop conviction
— Banknifty Addict (Gaurav) (@BankniftyA) November 5, 2020
Support and resistance levels based on technical charts on various time frames.
— Banknifty Addict (Gaurav) (@BankniftyA) December 19, 2019
Breaking any of the above, leads to a direction
and then only directional play.