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Trading_hawk
Sep 15, 2021 5:31 PM

Simple Trade Setup | BANK NIFTY | 16-09-2021 [INTRADAY] 

NSE:BANKNIFTY15
Nifty Bank IndexNSE

Description

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NSE:BANKNIFTY

Trade Setup for Date 16-09-2021:

1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.

2) Everything is mentioned on the chart. I hope it is easy to understand.

3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.

Please refer below chart for levels.


Hope I made it easy to understand it.

Do comment your doubt or suggestion.

Note: Trade with Strict SL.
Trend AnalysisBANKNIFTYniftybankbankniftytradesetupniftybanktradesetupniftybanklevelsbankniftylevelsbankniftyanalysisniftybankanalysisBANK
Comments
saurabhbakliwal1001
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Can you draw the level for intraday now.. crossed 37127
Trading_hawk
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@saurabhbakliwal1001, 37266 is ultimate level
Trading_hawk
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@saurabhbakliwal1001, Then 37300
imrankkhan69
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@Trading_hawk, where it will stop now 37350
Trading_hawk
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@imrankkhan69, For me 37300 is exit from BN. And will not enter again. if it goes up let is go.

Now I am expecting a good move up or down at 1:30-2:00PM.
imrankkhan69
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@Trading_hawk, can we go short at any level today
Trading_hawk
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@imrankkhan69,

I won't do that.

But up to you if you want you can do with strict SL.
imrankkhan69
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@Trading_hawk, Thanks a lot 🙏
Trading_hawk
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@imrankkhan69, better look for NIFTY now. since you have all the levels in that.
imrankkhan69
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@Trading_hawk, ok sir, Any level can u suggest
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