Nifty Prediction and Bank Nifty Analysis for Tuesday | 30 April 24 | Bank NIFTY Tomorrow

Today we will discuss about Nifty and Bank Nifty We will discuss about some modern stocks which have big movements in index and we will try to understand how the market will behave tomorrow Plus tomorrow there are two expiries So we will discuss about the outlook of the market

according to those two expiries And as you have seen today the market has increased by 1200 points And if the market would have been open for 1.5 hours more then it would have hit 50,000 But the market got closed so it couldn’t go beyond 50,000 Otherwise the way

the market was moving, if the market would have been open for 1.5 hours more then it would have hit 50,000 Now why did this kind of movement triggered Yesterday I had put a small video on sectoral outlook You guys remember that I had said that the results of

SAC are good and the results of small banks are also good Ali, this is the result of HDFC which was bad and the results of other axis were also good People are expecting the same thing that if the results of PSU bank are also good If the trend

of good results is going on in the whole industry Then it will be different in other stocks also When the results of HDFC came then what did you think that this is a bad result But the results of axis are good

and the results of ICC are also

good Yesterday the results of small banks like RBL, IDFC, Yes bank were also good So it was understood that the overall results of banking are good The fear of NIM contraction is maintained now The fear of contraction is not over yet So you already had the clarity that

Bank Nifty can be bullish Thankfully, like all other days, the gap of 1000 points didn’t open It got a live market movement and many people must have taken advantage of it Although, those who know me know that I don’t take bullish trades So it doesn’t matter to me

if it is going up When it is coming down then I will look for an opportunity I was also warning in the group that bearish trade should be taken below 20 MA Not before that Neither Nifty broke below 20 MA nor Bank Nifty If in 5 minutes time

frame, if the market is not breaking below 20 MA Then it means that the market is in a good bullish trend You can become a bear, no need to become a fool No need to always do short short short short Do it when you get the opportunity Plus,

the money that mutual funds have They invest in the last 1-2 days Yesterday Bank Nifty expired Today also some investment came So yesterday there was an investment, today there was an investment So where will the money that is coming invest? And at the end of the month when

you have to disclose the portfolio If you have to disclose, then you can’t keep the cash balance So you can keep it up to a limit, you can’t keep it more So what will they do with the money? They have to buy If they have to buy, then

they will buy Right? So the same thing happened And because of that, the market became good bullish Some people will say Sir, it should be like this, it should be like that See what happens, everything is number backed If the results are good, you can’t deny that the

results are good Even if the stock goes up by 5% The results of Axis are also good That also increased Increased by 2-3 days Yes, but this is That the more it has increased Now there will be one factor in it That 50 shares have come now So

it’s just that tomorrow or day after tomorrow will come, that logic So Wednesday is off Tuesday is tomorrow, Nifty and Maxfin Nifty expiring There is nothing to worry about now There is still money inflow in the market tomorrow The inflow of money in the market is going to

be on Thursday It’s going to be on Friday There is a concern when there is a meeting of the US Fed In the coming week So when there is a meeting of the US Fed in the coming week Then the real effect will come Now at that time,

the market may be a little cautious Before that, there is no reason for the market to be cautious All major companies have come to the results Even if the results of small companies come, it doesn’t matter to Nifty In the coming week, there is an outcome of the

US Fed Will come in it After that, there is a chance of some direction or non-direction And after the US Fed, our RBI policy will also be coming So when our RBI policy comes after the US Fed So according to that, there can also be a play So

when will it happen, what will happen, when it will happen, it is fine But until those events do not happen Don’t stay in a negative view So what is the trap Now how to approach it How to approach the market of tomorrow First let’s see what approach we

tried to keep in today’s market Today’s approach was very simple Stay bullish above 20k Enjoy life And then keep going And show you the movement There was a movement in large cap Mainly triggered by Bank Nifty If it was in mid cap, then people would have made some

money Because many people are trading on mid cap In mid cap, I also thought that if it is above 11,040, then it will give a good move But somehow it couldn’t give a move Means it went to him, stopped Then the move was paused So it didn’t feel

good in that move So this was a little problem However, money is limited in every index So either x index will move or y index will move They decided to move this index Let’s see what the discussion was One more thing, I did not put any message in

the morning Mine was that let’s see what happens in pre-open I thought that because of the results, ICICI bank will open 4-5% higher I had such an expectation So because of that, the market will open very high So there is no point in giving levels So I thought

that once it opens, then we will give So if it opens, it will not open so much I thought that did my result reading go wrong It shouldn’t have been generally But it seems that it has gone wrong Then I did not give an update in the morning

I gave an update at 9.20 22, 470, 500, 48, 380, 450 If it comes out of this, you can get a good trade And 11,020 and 11,045 If it comes out of this, you can get Okay And then I also wrote that until VIX does not increase There

was no reason to drop VIX When India VIX was increasing in 3 days One more thing You must remember when VIX fell The day when 20% VIX crashed I had made a video on that I had told you that until VIX is up VIX has come down, it

is fine When it reverses from here, the market takes a trending move Because option sellers’ stop losses are cut at double pace So the trending move that has happened in the last few days This is mainly triggered by the movement of VIX Even today, 12-13% India VIX was

up Because of that, option sellers’ strike prices are flying Now how much will they roll? One strike price is shifting up, two, five Today, the market went up by 12 strike prices So what will you do? Okay So this thing had to be kept in mind Then I

put this Bank Nifty’s trailing stop loss is 48, 640 and 22,500 Then when the market was around 780 or 800 I wrote that bulls can book out or focus on trailing SL Focus on trailing SL So either put trailing SL or book out So naturally, no doubt, the

market has gone up It is not that it has not gone up But after seeing the pattern at that time, I felt that the market can stop here So it is fine, I gave my suggestion according to that But it happened that the market went up more And

I wrote that the chance of short will be below 20 AM So neither Nifty came below 20 AM nor Bank Nifty Neither of them came So when will you do short? Okay And then I did an update of Midcap And that’s it And is it a joke to

move 2% Bank Nifty? I was writing all this And the market was in clear cut bullish trend It kept moving on 20 AM Got big moves and got very big moves So it was fine, it was good moves I posted one more thing in the group See this

Someone made an official Banish sir People will think that this is a blue tick This is not a blue tick What happened is that he has made a copy of an alphabet or a character And he has put it there And because of that, people think that it

is official The first thing is that I don’t talk to anyone personally Now see what is going on here You are investing Rs. 20,000, I will give you Rs. 35,000 by 1 PM Is this a joke? I will come to the market and talk to someone People will

have to understand that you have to stay away from all these scammers But no It was good that the person was smart He sent me a screenshot See sir, this is how it is going So please take care Stay away from such scammers I don’t take money from

anyone personally In fact, I don’t take money from anyone The joining link of telegram has nominal charge If anyone likes it or not, if anyone joins for a week, it costs 280 rupees Don’t join that too, it’s not a problem But don’t give this scammer Rs. Okay, so

stay away from all these things Anyway, those who understand will understand, no problem Let’s see what discussion will be left for tomorrow One more thing, tomorrow is the last day of the mutual fund They have to justify their salary tomorrow And tomorrow too, the money will be hot

Anyway, it’s very hot in Kolkata But overall, it’s very hot in India too And the money is also very hot So, that money is there And if they don’t touch Rs. 50,000, I’ll be surprised If they do, I won’t be surprised If they don’t touch Rs. Then I’ll

definitely be surprised that they didn’t touch Rs. But if they do, I won’t feel any surprise That’s it Okay, we have seen all this Now, what do we have to keep in mind? We have to keep in mind that the market has made good moves First of all,

thank you to all the viewers Special thank you to all those who came to Delhi I felt very good in the Delhi seminar After seeing your approach And a lot of people asked very good queries It feels good to share knowledge 22,600, keep this level in mind If

the market goes below 22,600 Then only there will be a short side As long as it is above 22,600, there is no chance of a short side In upside, today’s high 22,660 will be above this So, 22,750 is the first level And if it breaks, then like 23,000

Positionally, Nifty will also increase Because there, it is trying to go for Rs. So, it is also trying to go for Rs. Keep this in mind Okay, so what do we have to keep in mind? 22,600 is below 22,660 is above If it breaks below Rs. Then you

can see the market moving towards Rs. And Rs. But if it is above 22,660 Then you can see it moving towards Rs. And Rs. If we see the option data In the option data, you can see Call writers are going up People have written on 22,750 And on

Rs. Writing is also on Rs. 600 and Rs. But these are all rising call writers Yes, although after the market became 223 How much premium has increased? It has increased Rs. So, that will be a concern But you can notice how fast the premium has increased Okay, so

the rate of growth was a little slow However One thing you have to keep in mind That on Rs. 600 and Rs. There is still good call writing And if it is above Rs. Then they will still come in panic They will also come in risk If there

is a holiday in between Then they don’t want to carry forward So, they will come in panic So, it will be a concern And we have to be cautious Let’s come to Nifty Bank Tomorrow it will expire Mid-cap Nifty will also expire Tomorrow it will also expire So,

for tomorrow What should you keep in mind? 49,300 Don’t short it If it breaks 49,300 Then it is possible to move up to 49,000 and 48,750 But it is important to break 49,300 If it doesn’t break, then there is no chance of short side up Today’s high 49,470

So, I don’t have any higher levels First, because of short covering 49,600, 800, 50,000 The eventual target is 50,000 Now the market will zigzag Deal that zigzag The eventual target is 50,000 Now the problem is Those who will trade in tomorrow’s expiry Will buy the 50,000 call option

They may not want to make money But those who want to play it in next week’s expiry Or in the monthly expiry They will get the market opportunity Because after hearing 50,000 Everyone will buy the 50,000 call option No, they won’t make money But the same move Those

who want to play in the next week They may make money So, keep two levels in mind 470 up and 300 down The side which will break, you can give a good move And in that move, you can do stop loss We will see the option data There

is still a lot of writing on 49,500 In 156 point premium There is writing of almost 2 lakh contract So, this unwinding of 2 lakh contract If the market will take it above 49,600 Then it will give an easy move Because it is a very big unwinding And

all of them will be cleared So, we have to keep that in mind But there is a precondition for that If it will go above 470 Then it will be difficult to stop 49,800 And 50,000 There is also a sentimental number It may reach the market CNBC and

GTV May have already prepared t-shirts I am 100% confident Okay Let’s come to nifty fin service This also ran, 2% 21,750 Don’t short until it breaks I am giving a very low level Don’t short until it breaks Unnecessary will be trapped 21,830, if it is taken above it,

then it is a straight move up to 22,000 If it is taken above 830, then first level is up to 9,900 Second level is up to 22,000 Easy movement If it is taken below 750, then first move is possible up to 650 Be careful Let’s come to the

major banking charts HDFC bank is also up 1% It has also moved We have to keep a level of 1525 If it comes below 1525, then it can be weak Until then, bullish view is intact ICICI bank What to say Don’t look at the short side until it

breaks Until it is above 1050 Until it is above 1050 Bullish view is intact Axis bank 1155 ICICI bank 1150 1155 Until it is above 1155, then it is bullish bias If it comes below 1155, then only negative view is to be thought Before that, don’t think Kotak

bank What to keep in mind 1635 If it comes below 1635, then it can try to move the market up to 1620-1600 Bajaj finance Trying to give a little recovery If it comes below 1629, then it can try to move the market up to 1650 If it comes

below 1629, then it can try to move the market up to 1650 If it comes below 1629, then it can try to move the market up to 1650 If it comes below 1629, then it can try to move the market up to 1650 3% SBI is also running

Until it is below 20, don’t bring negative bias I am giving levels from far away Because if any short goes in Nifty, then it will be short Infi 1440-1430 Let the range break Reliance Reliance has also moved well But I think 2940 2920 2920 2940 You won’t get

any move until it breaks Silver If it breaches above 80-600 If it breaches above 80-600 Then it can move up to 80-800-83000 Then it can move up to 80-800-83000 Until it breaches above 80-400, don’t look at the short side Until it breaches above 80-400, don’t look at the

short side Gold 72-250 72-250 If the range breaks, then only it will be a trade Crude oil It is running at 7000 Until it is above 7000, it will be bullish If it is below 69-80, then there is no short side Natural gas It is moving up a

little However, if it moves above 164, then only it will be a bullish view Otherwise, I don’t have a bullish view on this If you like the video, please like