Nifty tomorrow Prediction : 04/04/2023

 

04/04/2023

निफ़्टी में कल की चाल :

ब्रेकआउट हो गया! कल मैंने आपको ब्रेकआउट के बारे में बोला था और निफ्टी ने आज वैसे ही परफॉर्म किया। सोमवार को निफ्टी 17320 तक करेक्शन दिखा सकता है या तो फिर वहां से  तेज़ी दिखा सकता है 17440 तक, क्योंकि यह निफ्टी के लिए एक बड़ा हर्डल है।सोमवार को ज़्यादा ट्रेडिंग करने की सलाह नहीं रहेगी क्योंकि निफ्टी ने ओलरेडी पिछले 2 दिनों में बोहोत अच्छा पेरफराम किया है। अगर करना भी चाहे तो थोड़ा ऊपर से शोर्ट करने के बारे में सोचयेगा।  

Nifty tomorrow Prediction:

After sharp selling candles in the morning, Nifty took support at 17325 twice, and started upside momentum. The way nifty was performing in comparison with banknifty, it seems bullish to me. Tomorrow, we may see an upside to sideways movement in Nifty based on the behavior of today's session. 

-Buying Zone -  17415

-Resistance Levels 17450,17480,17530

 SL according to your risk

-Selling Zone - 17375

-Support Levels 17340,17310,17280

 SL according to your risk

**Whether you're a beginner looking to learn the basics or an experienced investor seeking advanced strategies, my channel has something for everyone. Don't forget to Follow my Blogs daily and Subscribe to my Youtube Channel to stay updated on our latest educational content and videos. I am not financial advisor, and any information provided on my channel should not be taken as financial advice. Remember to always consult with a licensed financial advisor before making any investment decisions

Bank Nifty tomorrow Prediction 04/04/2023

 

Banknifty tomorrow prediction 04/04/2023

                                                              Banknifty

UPSIDE PARALLEL PATTERN

बैंक निफ़्टी में कल की चाल :

बैंकनिफ्टी एक उपसाइड पेरेलल पैटर्न बना रहा है। दोनों ही तरफ ब्रेकआउट बड़ा हो सकता है। दो दिनका ब्रेकआउट आसानी से 200 अंक हासिल करा सकता है बैंकनिफ्टी में। इस मौके को खेलने के लिए तैयार रहिएगा दोनों तरफ। बायर्स की स्ट्रेंथ आज कम देखने को मिली। यह अनुमान है की मार्किट निचे की ओर जा सकता है। 

Bank Nifty tomorrow Prediction:

BANKNIFTY FORMING A UPSIDE PARALLEL PATTERN. Breakout on the either side can be big. A 2 day breakout can gain 200 points easily in banknifty. Watchout to play this opportunity tomorrow on the either side. Be Ready! Also Buyers momentum is has become low today. High expectancy on the downside.

 

-Buying Zone -  40800

-Resistance Levels 40870,40945,41150

 SL according to your risk

-Selling Zone - 40750

-Support Levels 40675,40560,40430

 SL according to your risk

**Whether you're a beginner looking to learn the basics or an experienced investor seeking advanced strategies, my channel has something for everyone. Don't forget to Follow my Blogs daily and Subscribe to my Youtube Channel to stay updated on our latest educational content and videos. I am not financial advisor, and any information provided on my channel should not be taken as financial advice. Remember to always consult with a licensed financial advisor before making any investment decisions

Bank Nifty lot size will be reduced to 15 starting from the monthly expiry of July 2023 as announced by NSE

    The lot size of Bank nifty will be reduced to 15 starting from the monthly expiry of July 2023 as announced by NSE.

From the monthly expiry of July 2023, NSE will be decreasing the lot size of Bank Nifty to 15, while leaving the market lots of derivatives contracts on indices such as Nifty 50, Nifty Financial Services, and Nifty Midcap Select unchanged at 50, 45, and 75, respectively. The circular released by NSE regarding this change will come into effect on April 28, 2023.

 

Bank nifty lot size will be reduced to 15 starting from the
month of July 2023

Time of Application:

1. NSE will revise the market lots only for the far month contract, which is the July 2023 expiry contract. The contracts with maturity of April 2023, May 2023, and June 2023 will retain their existing market lots, whereas all the subsequent contracts starting from the July 2023 monthly expiry will have revised market lots.

2. The combination contract of May 2023 July 2023 and June 2023 July 2023 expiries will not have the day spread order book available.

3. NSE has decided to revise the market lots for contracts with August 2023 Weekly expiry and all subsequent contracts. 4.After the expiry of June 2023 contracts. Starting from June 30, 2023, the lot size of all long-term options contracts of BANKNIFTY with an expiry greater than 3 months will be reduced from 25 to 15.
4. NSE's announcement of reducing the lot size of Bank Nifty and revising the market lots for various contracts comes shortly after the government increased securities transaction tax (STT) on F&O traders.
5. The Finance Bill 2023 has increased the STT on options to 0.0625% from 0.05% and on futures contracts to 0.0125% from 0.01%.

STT has been increased

Consequently, the Securities Transaction Tax (STT) applicable to futures segment traders has been raised to Rs 1,250 on a turnover of Rs 1 crore, as opposed to the previous charge. The Securities Transaction Tax (STT) for traders dealing in futures segment has been raised to Rs 1,250 on a turnover of Rs 1 crore, as opposed to the previous charge of Rs 1,000.

On the other hand, for traders involved in the options segment, the STT has been increased to Rs 6,250 on a turnover of Rs 1 crore, which is higher than the earlier levy of Rs 5,000.