A simple Banknifty Trade of few minutes. I have taken the trade on the chart pattern which is descending Triangle Pattern with 1 lot and Capital used is 11k only
Banknifty 42445 important support break down side move Possible break and retest levels compulsary ,okh wait for price action entry
Buy above 42520 with the stop loss of 42460 for the targets 42600. 42720, 42860, 43040, 43200 and 43360. Sell below 42380 with the stop loss of 42460 for the targets 42300, 42220, 42140, 42040, 41860, 41740 and 41620.
BANKNIFTY Intraday Trade Setup For 16 Jan 2023 Buy-Above 42455 Sl-42345 T- 42590 42730 42900+ Sell-Below 42260 Sl-42370 T-42050 41885 BANKNIFTY has closed on a positive note with 0.69% gain on Friday. After forming a base at 42700. Now 42700 is very important, breakdown will initiate a larger slide in the coming days. Last day it has closed near day high which...
Buy above 42340 with the stop loss of 42280 for the targets 42420, 42500, 42580 and 42660. Sell below 42220 with the stop loss of 42280 for the targets 42160, 42100, 42020 and 41960.
Avoid taking position in between weekly and Monthly CPR , Above monthly CPR Long, below weekly CPR Short
Date--12-jan -2023 Hey Everyone As Per Bank nifty Chart bank nifty has formed Symmetrical triangle pattern in Daily Time Frame And Also Bank nifty Continue In Uptrend .. Candle Stick Based Bank Nifty Formed Tweezer Bottom Patterns Bullish pattern. Buy Above 42350 If Sustain Then We Can See Good Upside Movement In BANKNIFTY. Target 42700 43000 Stop loss...
hello ji ================================================ trade is here make money today here support and resistance levels here. ================================================
See the image for the banknifty level and trade idea
Yesterday i told that my long position is still active which i analyzed day before yesterday now think who didn't care about my analysis. I am holding my position today also but booked half quantity as 70% target achieved. So guys trade with my analysis to be smart retailer not normal retailer whom are always trapped. But remember consistency with risk managment...
Today is Friday so sometime it is seen that market is trendy after a volatile expiry. My view is clear bullish and news are good till now. I am holding my position with a target of 1k points in charts.
Banknifty Intraday Chart Mind Map 16-01-23 Banknifty Intraday Chart Mind Map 16-01-23 Banknifty Intraday Chart Mind Map 16-01-23Banknifty Intraday Chart Mind Map 16-01-23
Today will be a slightly gap up opening in BANKNIFTY. Expected opening below 42450 Level. After opening possible reversal of 400-500 points from 42450 level. And this can extend for another 400 points if it gives breakdown of 41950 level. Any Bullish rally is only expected in case banknifty starts trading and sustains above 42550 level.
As we can see BANKNIFTY has formed more like a W patteen in smaller time frame which is also known to be a trend reversal pattern and a sign of bullishness hence we can expect a strong upmove from here hence we can prepare for upmove for now till 43000 is achieved which is its nxt important and psychological resistance
•Good Evening Friends! •For Buying (Buying CE) Or Shorting PE We Can TRADE On Our Money Management And Risk Management When Market OPENS Flat And The CroSS The Level Of 42450 •For Selling (Buying PE) Or Shorting CE We Can TRADE On Our Money Management And Risk Management When Create BEARISH Price Action Below The Level Of 42250 •Gap Up Opening:- We Can TRADE...
Banknifty long small sl good reward short covering
Banknifty standing just above a strong support of 42349. if banknifty moves above 42349 then it may reach 42508 . between 42508 to 42671 is also an extremely strong resistance zone . If Bank Nifty crosses over 42671 then it may also cross 42814 and may reach to the level of 42966. if banknifty moves down below where it left off then it may also cross 42191...