simplytradestocks
1,945 FOLLOWERS
Free daily trend analysis for Nifty & Bank Nifty spot with levels for intraday trading and stoploss levels in an easy to understand format.
simplytradestocks
1d ago
In the previous session:
Bank Nifty went up by 237 points then went down by 580 points before closing lower by 533 points on Thursday
Bank Nifty made a new lifetime high of 49974.75 on 30th Apr 2024 from the lows of 16116.25 made on 24th March 2020
On 09th May:
Bank Nifty triggered our short trade and completed 2 targets doing 250 points and exceeded it by 140 points
For 10th May:
Sustaining above 47680 can move towards 47795 - 47930 - 48290, SL 47550
Sustaining below 47300 can move towards 47180 - 47050 - 46690, SL 47430
(One should ideally look to exit near t ..read more
simplytradestocks
1d ago
In the previous session:
Nifty went up by 5 points then went down by 370 points before closing lower by 345 points on Thursday
Nifty made a new lifetime high of 22794.70 on 03rd May 2024 from the lows of 7511.10 made on 24th March 2020
On 09th May:
Nifty triggered our short trade and completed all targets doing 160 points and exceeded it by 150 points
For 10th May:
Sustaining above 22015 can move towards 22050 - 22090 - 22190, SL 21975
Sustaining below 21900 can move towards 21865 - 21825 - 21720, SL 21940
(One should ideally look to exit near the 2nd target once ..read more
simplytradestocks
2d ago
In the previous session:
Bank Nifty went down by 434 points before closing lower by 264 points on Wednesday
Bank Nifty made a new lifetime high of 49974.75 on 30th Apr 2024 from the lows of 16116.25 made on 24th March 2020
On 08th May:
Bank Nifty triggered our short trade and completed 2 targets doing 240 points
For 09th May:
Sustaining above 48210 can move towards 48325 - 48460 - 48810, SL 48080
Sustaining below 47835 can move towards 47720 - 47580 - 47230, SL 47965
(One should ideally look to exit near the 2nd target once the trade is triggered)
In the Previous We ..read more
simplytradestocks
2d ago
In the previous session:
Nifty went down by 117 points then went up by 66 points before closing exactly flat at 0 points on Wednesday
Nifty made a new lifetime high of 22794.70 on 03rd May 2024 from the lows of 7511.10 made on 24th March 2020
On 08th May:
Nifty triggered our short trade and completed 2 targets doing 65 points
For 09th May:
Sustaining above 22355 can move towards 22385 - 22420 - 22510, SL 22315
Sustaining below 22250 can move towards 22220 - 22185 - 22090, SL 22290
(One should ideally look to exit near the 2nd target once a trade is triggere ..read more
simplytradestocks
3d ago
In the previous session:
Bank Nifty went up by 128 points then went down by 681 points before closing lower by 609 points on Tuesday
Bank Nifty made a new lifetime high of 49974.75 on 30th Apr 2024 from the lows of 16116.25 made on 24th March 2020
On 07th May:
Bank Nifty triggered our short trade and almost completed all targets doing 500 points
For 08th May:
Sustaining above 48475 can move towards 48590 - 48720 - 49070, SL 48345
Sustaining below 48095 can move towards 47980 - 47850 - 47500, SL 48225
(One should ideally look to exit near the 2nd target once the trade ..read more
simplytradestocks
3d ago
In the previous session:
Nifty went up by 56 points then went down by 210 points before closing lower by 140 points on Tuesday
Nifty made a new lifetime high of 22794.70 on 03rd May 2024 from the lows of 7511.10 made on 24th March 2020
On 07th May:
Nifty triggered our short trade and completed all targets doing 145 points
For 08th May:
Sustaining above 22350 can move towards 22380 - 22420 - 22510, SL 22315
Sustaining below 22250 can move towards 22220 - 22185 - 22090, SL 22285
(One should ideally look to exit near the 2nd target once a trade is triggered ..read more
simplytradestocks
4d ago
In the previous session:
Bank Nifty went up by 329 points then went down by 139 points before closing lower by 28 points on Monday
Bank Nifty made a new lifetime high of 49974.75 on 30th Apr 2024 from the lows of 16116.25 made on 24th March 2020
On 06th May:
Bank Nifty opened near our 2nd long target and did not give a trade. Post that Bank Nifty traded sideways . Had shared revised levels on telegram post pre open based on which Bank Nifty triggered our short trade and completed 2 targets
For 07th May:
Sustaining above 49065 can move towards 49170 - 49290 - 49610, SL 4 ..read more
simplytradestocks
4d ago
In the previous session:
Nifty went up by 112 points then went down by 66 points before closing lower by 33 points on Monday
Nifty made a new lifetime high of 22794.70 on 03rd May 2024 from the lows of 7511.10 made on 24th March 2020
On 06th May:
Nifty opened near our 2nd target and did not give a entry. Had shared revised levels post opening on telegram according to which short got triggered and we completed 2 targets doing 60 points
For 07th May:
Sustaining above 22490 can move towards 22520 - 22550 - 22640, SL 22455
Sustaining below 22395 can move t ..read more
simplytradestocks
6d ago
In the previous session:
Bank Nifty went up by 376 points then went down by 570 points before closing lower by 307 points on Friday
Bank Nifty made a new lifetime high of 49974.75 on 30th Apr 2024 from the lows of 16116.25 made on 24th March 2020
On 03rd May:
Bank Nifty opened near our 2nd long target and did not give a trade. Post that Bank Nifty reversed to trigger our short trade and completed 2 targets doing 200 points and exceeded it further by 180 points
For 06th May:
Sustaining above 49095 can move towards 49200 - 49320 - 49640, SL 48975
Sustaining below 48755 ..read more
simplytradestocks
6d ago
In the previous session:
Nifty went up by 146 points then went down by 300 points before closing lower by 172 points on Friday
Nifty made a new lifetime high of 22794.70 on 03rd May 2024 from the lows of 7511.10 made on 24th March 2020
On 03rd May:
Nifty opened above our 2nd target and did not give a entry. Post that Nifty reversed to trigger our short trade and completed all targets doing 145 points and exceeded it by 100 points
For 06th May:
Sustaining above 22525 can move towards 22560 - 22595 - 22690, SL 22490
Sustaining below 22425 can move towards 2239 ..read more