Nifty Prediction and Bank Nifty Analysis for Friday | 2 February 24 | Bank Nifty Tomorrow

Have you seen a lot of videos of budget strategy? You must have seen a lot of reels of budget strategy Buy this, buy that OTM, buy that OTM 1 rupee option will become 100, don't know what all you have seen What happened? Nothing Where it happened in bank nifty, before it happened He hit a 200 point stop loss scandal He took a stop loss After that bullish happened So what will you do there? This is the problem of live market And the way the markets were volatile There is no account Whereas madam'

s budget The total budget was 59 minutes The initial 58 minutes she gave only political speech Where she did this and that She said two useful things One thing she said that The claims of historical tax Which are basically lying in the files May be more or less in that, SSC's are not even alive All those cases are basically winding up Below 25,000 and 10,000 All that is fine, a lot of people won't care And second point she said There is no changes in tax slab Except this, she did not say anythin

g useful in the whole speech The target of fiscal deficit has been reduced 5.1% for the next year It is based on the fact that We are going to collect a lot of GST We are going to collect a lot of direct tax I don't think so There is a mistake in that Because GST collection is increasing day by day Compliance is getting very strict Because of that, the collection will increase And Your taxation etc. People don't want to hide So it's fine Because people think that At least file income tax return

If we do anything, there will be no problem So what happened because of all this It got a little better Because of that, the overall collection of the government has increased Everything has increased Point is Effectively in the market As it used to be in every budget That We have given this sector so much money We have given this sector so much money We have given this sector so much money If you check Actually Do you know why she did not read out I was reading the fine print So On the basis of

GDP The previous year numbers The same number has been kept That's why they didn't repeat the numbers Because that GDP in terms of Values were not changing much And what things did the market take negative Because the market has been negative Bank nifty was positive One reason for that is that our fiscal deficit is decreasing a lot What does it mean to decrease the fiscal deficit Government's External Deficit He had to borrow again and again External borrowing That will be reduced And because o

f that, our currency will be strong Bank nifty showed a strong strength because of that Point is Where did the market go negative What I understood Our GDP growth rate At nominal rate market It is expected to be 10.5% Now Whatever the actual inflation is According to official data, if you take 4% inflation So GDP growth rate 10.5- Nominal GDP-Inflation We call real GDP growth rate Now real GDP growth rate 6.5% According to that, it is coming out Projected for the next year I think the market Too

k this thing negatively because as soon as This thing Showed to the market Such a sharp reversal came from above The market fell very fast Now you think When everything is going well Our GDP will grow at 6.5 It is better than the world But this time 6.5 There was no logic, it should have been a little more Because I don't understand Everything is going well, 6.5 Is not justified, it should be a little more Means Looking at it, it should be a little more So now if it should be a little more It is

obvious that it should be more And everything is going well If we are growing at 6.5% Then How will that market go well There was a little problem there I read the entire budget document I didn't see any problem anywhere In the document In fact The target of our fiscal deficit In that If we reach 5.1 If we reach next year Then even a lazy person like me will have to be bullish This is the situation If we can do that Because you Will be less in the fiscal deficit 5.8% this time If you reach 5.1%

How will you reach If you reach 5.1% It's a matter of course, maybe some populist measures Government will reduce But if we reach 5.1% It is very good Actually very good Because the biggest reason for the decline of countries Is their Borrowing And if there is no fiscal deficit, there will be no borrowing If there is no borrowing, it is positive for the market So that's it All this happened What did we discuss in the live market We discussed in the live market As I put in the morning That I am

going to put 750 The premiums were very high Around 11 o'clock My iron fly almost Decayed by Rs. Including your hedge If there was no hedge, it would have been cheaper But I had decayed by Rs. So I said that Rs. 48 is coming So why There are 48 points in nifty So why should I take a risk Leave it I put a message in the group That In the call side Open interest has decreased The market also shot from there Madam started reading The GDP and OTP Bank nifty Gave a fresh shot covering But nifty staye

d sideways A big contribution For IT companies A negative news came from the US But overall There was nothing Which we call Positive or negative If the targets given for next year If it meets, it will be very positive for the economy If the targets meet And There is no problem in meeting Technically, if everything is maintained Then We are not going to any war Nothing else is getting bad Then Sir, why are you sleepy? I was awake till 1 am I woke up at 6 am I slept for 5 hours I was in stress Let

's see What was our discussion Then we will continue What will be our discussion for tomorrow Let's see all these things Then we will continue Let's start the discussion What we discussed in telegram What we discussed in live market What we discussed in live market I posted in the morning That I have made this I discussed the levels I clearly warned about PTM Don't do bottom fishing You will be averaged like yes bank Then I posted a voice message Madam, I have started reading speech I posted a v

oice message Then I wrote Nifty sustains below 21670 Sorry Keeps link stop loss till 21600 Today 21670 is the last Upside move is possible Above 21750 Keeps link stop loss till 21830 If you notice When he Shot above 750 He turned high near 830 The same thing happens The market was still following the levels However Book out on short Didn't get time to do that Bank Nifty Sustains below 46100 Keeps link stop loss till 46400 If sustains below 45900 Keeps link stop loss till 45600 Both sides gave 10

0% move That was a problem Can't do anything Then I posted on 942 Very sharp decay I posted on 1015 Booked out After 11 Then I wrote You can get a bullish move above 940 The call side of the budget Has already decreased If you notice Nifty shot a little But bank nifty also shot well Bank nifty From 950 Shot from 950 To 4618 Then dip Then up He did like this Then I posted Here On 1140 You will get a move above this level Nifty is not crossing But when bank nifty crossed it On 1140 When he crossed

On 1140 Level of 45950 Immediately sharp move Then dip Then again sharp move Multiple moves but so much volatility What to say Then I wrote No changes And Regret That this is the thing Then I posted on 220 I am out of any shot position Because I don't want to take any last moment risk After 220 Bank nifty was a little bullish I don't know what nifty wants to do Nifty after 220 Finished sideways Some people will say no sir What is the logic Whatever you say One more thing Nifty fell 28 points Fu

ture of nifty fell Magnifty increased by 191 points, Magnifty of future increased by 140 points. Means all the extra premiums were over. And they are literally crying in terms of premiums. All the inflated premiums were over in the first week of the month. Now you can trade for the whole month. So it happens that you don't eat or drink anything. Glass is 12 annas. And 12 annas is gone in the price of 12 annas. It is gone. And after that, what will happen will happen. So let's see what will be th

e discussion for tomorrow. And that's why I say don't expect too much. Because someone or the other is watching you. And the best thing about the operator is that he has so much money. That he will keep a staff. He will say, see the videos of these people, what they say. That's it. Then everyone will see. And then the story is over. They trapped all the traders and left. Yes, I just wrote that I will see in the live market in the morning. So what I understood in the live market. I gave you all t

he same. Hopefully some people will benefit. And it would be great if some people benefited. If anyone wants to join the group, the budget code is still running. 50% off. Maybe it's valid for today. But you can see. If you think all this discussion will be useful to you. Then join. There is a nominal fee. But still join when you don't just need call output. If all this discussion is useful, then join. Let's go. What will be the discussion for tomorrow? Let me tell you first. I have a seminar in

Ahmedabad. On 18th of February. In this month. We did it in every main city. We are also doing it in Ahmedabad. We used to be focused on metros. Now Ahmedabad is the next metro and the next biggest city of India. So it is necessary to do there. Plus the richest traders in India are from Gujarat. Okay. It is necessary to do there. Yes, that's it. How many people are there in it? You will have to see that. Anyways. Come. What do you have to take care of? What do you have to take care of? You have

to take care of 2-3 levels. And the market has made its own levels today. 21,670 level. Which it took support three times in the morning. One dip. Second dip. Third dip. Market has taken three back to back dips. And 21,750. You have to take care of these two levels. It came out below 670. So first level 21,600. Second level 21,550. The market can move in this direction. Take care of it. What is on the upside? If the market comes out above 21,750. Then 21,830. Where the market has put its own hig

h today. Take care of that level. That's why I definitely discuss the levels. No matter what the event is. Because do you know? The market will move according to these levels. So that's the benefit of it. And if it comes out above 830. Then the same 880,900 easy move is possible. So take care of it. Play accordingly. Now let's come to. What will be our discussion? According to option data. What is option data? Look at the option data. It shows you next week. Writing is good at 21,700. Put writin

g is at 21,700. So writing is good on both sides. Both sides of the premium have broken very well. More on the call side. Less on the put side. But it broke in both. Although. All the inflated premiums. The kidney was declined. The IV was crushed. Everything happened. Option sellers. Jumped and cursed. This is nothing. In Bank Nifty. I mean. When I show you the Bank Nifty's option data. Then I will show you. Then you will understand. How much Bank Nifty has broken in options. In premium. I mean

literally. I mean. Sometimes I was afraid. What is happening on the screen? The market did not move. How did the profit start increasing suddenly? The premiums have declined like this. It has melted like butter. That has happened. It happens. Let's see Bank Nifty. How to keep Bank Nifty? It has moved upside. It has taken a hurdle at 45,300. We have marked the level of 45,300. We will mark 46,000 below. Let it break a range. If everything has come positive for it in the budget. After the breakout

of 46,300. It is 46,550. And above that further breakout. It can pull up to 46,800. But if we are thinking. Positive for this. Positive for this. But it is not actually positive. Below 46,800. The market moves up to 45,800. Then up to 6,500. You will see the second level moving. So you have to keep that in mind. And according to that. You have to plan up. Tomorrow Sensex will expire. We will discuss it now. First I will show you the option data. Do you remember yesterday. I told you that at the

money. At the money. There was a premium of 1300 points. This has broken 123 points. 46,000 are called. And this has broken 238 points. Means literally 360 points. Yeah almost 360 points. Your premium has broken. And 360 points premium has broken. While. Bank Nifty is 200 points plus. So even after being 200 points plus. 360 points total has broken. And premium has broken. Think how much silver option sellers have got today. So that's it. Today was a good day for option sellers. And sometimes s

uch a day is found. Option sellers. Otherwise, what is every time. Always afraid of 100 plus. However, what does Bank Nifty's option data say. I tell you this. So this call rating is still not less than 46,000. This is the cause of concern for me. There are 600 points. Maybe that's why they are sitting. Because 400 points time value is still left. Put rating is also at 46,000. So basically the straddle people are still sitting. There is also a new addition in it. 92,000 and 95,000. Means the sam

e straddle edition has happened. So many people are sitting. Maybe there will be some logic. Or maybe they will be expected. So you give pullback market. So after that they will plan. Whether to exit or not. But. According to the data. No strong movement has not been made in it yet. Either it came above 46,300. That's why I am increasing the range. If it comes out, then only it is a strong move. Otherwise it is not. Let's come to Sensex. This brother has also fallen. 71,600. Keep this level in m

ind. If the market stays below 71,600. So the first level can give you 71,400. Then 71,200 can give you a move. Mark the level above 71,800. If it comes above 71,800. Then you keep trailing. Up to 72,200. Apply stop loss. So 72,000 first move. After that 72,200 can get the next move. So keep these two levels in mind. You have to play according to it. If 71,600 breaks. Then a good move is possible up to 71,400. Keep in mind. Now let's come to the major stock charts. Those who have big movements i

n the index. If you see 10%, then VIX has fallen today. Today there is also a circuit in this. HDFC Bank. 1460 is being marked. There is weakness below 1460. If it is above that, then the bullish bias will continue. ISEC is a little weak. According to me, it will be weak only if 1020 breaks. Axis has given a strong up move again. It will be marked at 1080. There is weakness below 1080. Stay above it until the positive bias is intact. Kotak. It will be marked at 1820. There can be weakness below

1820. Keep in mind. Let's come to Infi. Infi 1655. Keep this level in mind. It can slide up to 1640. What to keep in mind in Reliance? If it is below 2840, then it can be weak. If it is above 2870, then there is a possibility of a breakout. HUL is a little weak. Because there is no announcement related to rural consumption. It is being marked at 2470. There can be weakness below 2470. If you like our videos, then like it. However, let's look at Crude Oil. Crude Oil has been bullish again today.

It can be bullish above 7360. It is just above it. If it is above it, then the fresh bullishness will increase. And selling pressure is possible below 6325. Gold has declined a little. If it is above 60-300, then the up move is possible. Silver has come close to 70-600. If it is above 70-800, then you can see a strong up move. If you like the video, then like it.