Expiry Special Analysis on Bank Nifty || Hero Zero Trade
Updated
Good Morning Everyone.
Banknifty Declined 252 points on last trading session due to profit booking in last hour and given closing at 45980, and formed a bearish candlestick pattern with a minor upper shadow on the daily timeframe. Today Global market looking mix to bearish side. We can also see kind of similar market in today's session. if bank nifty hold 45800-45750 levels in today's session, then we good to go towards all time in next few trading session, otherwise we can see nifty 45500 levels. According to me we can see buying somewhere support zone 45800. Let's see what is going to happen, we will just according to price action and OI data.
Important levels for Banknifty:-
Support zone 45750-45800
Strong support zone 45500
Resistance zone 46100-46200
Strong Resistance zone 46400
Buy above 46130, if levels sustains at least for 15 mints.
Targets we can see in upside 46251/46393+
keep stop loss at 45800
Sale below 45800, if levels sustains at least for 15 mints.
Targets we can see in downside 45691/45519
Keep stop loss at 46130
Note:- Hero Zero Trade will be in 2nd half somewhere 1:15pm. So, we will update in afternoon according to price action, so stick with us and follow us to get notity at right time. Till then enjoy but don't overtrade and Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Banknifty Declined 252 points on last trading session due to profit booking in last hour and given closing at 45980, and formed a bearish candlestick pattern with a minor upper shadow on the daily timeframe. Today Global market looking mix to bearish side. We can also see kind of similar market in today's session. if bank nifty hold 45800-45750 levels in today's session, then we good to go towards all time in next few trading session, otherwise we can see nifty 45500 levels. According to me we can see buying somewhere support zone 45800. Let's see what is going to happen, we will just according to price action and OI data.
Important levels for Banknifty:-
Support zone 45750-45800
Strong support zone 45500
Resistance zone 46100-46200
Strong Resistance zone 46400
Buy above 46130, if levels sustains at least for 15 mints.
Targets we can see in upside 46251/46393+
keep stop loss at 45800
Sale below 45800, if levels sustains at least for 15 mints.
Targets we can see in downside 45691/45519
Keep stop loss at 46130
Note:- Hero Zero Trade will be in 2nd half somewhere 1:15pm. So, we will update in afternoon according to price action, so stick with us and follow us to get notity at right time. Till then enjoy but don't overtrade and Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Note
Guy's expecting some bounce back from here in marketso let's take 45500 ce now as hero zero
go with less qty
take now at 35
keep stop loss at 8
targets 65/91/135/175++
Note
or take positional trade in next week expiry take28th sep banknifty 45500 ce now at 350
keep stop loss at 251
Targets 450/500/535++
again go with less qty
Note
Hello Guy's stop loss have got hit in both trade
Rahul Pal (Indian Moderator)
(Full Time Trader & Investor)
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(Full Time Trader & Investor)
Join Free telegram t.me/TraderRahulPal1
For Live Streaming join youtube.com/@realbullstrading26
Learning Stock Market and Trading Programmes.
Whatsapp:- 9560604457
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