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BANK-NIFTY

BULL CALL SPREAD BANK NIFTY FOR 05 JUNE EXPIRYBANK NIFTY Bull Call Spread for Election Result Expiry BUY 4 Lots BANK NIFTY 05 JUN 49000 CE BUY 1 Lot BANK NIFTY 05 JUN 50000 CE SELL 4 Lots BANK NIFTY 05 JUN 49500 CE Margin Required : 84,409 Max Profit : Unlimited Max Loss : 24,675 (29%) Break Even at Expiry : 49,411 Target 1 : 50543 (3%) Projected Profit 13,400 (15%) Target 2 : 50943 (4%) Projected Profit 20,733 (25%) Target 3 : 51,433 (5%) Projected Profit 28,070 (33%) Stop Loss : None/ As per your risk
NSE:BANKNIFTYLong
by jbmaan
Bullish Bank NiftyAs Per data And Chart Market Bullish We said that yesterday market have big resistance 44500 and today market open Gap-up above this levels then market fall 44330 Market Took Support and break again 44500 and close above this . Tomorrow we may see a good bullish move in the market in Downside To Many Support Zone If Market Again Act like Bearish Then Don't Trade until break 44300. For Upside If Market Trade Above 44700 then Buying Side Move Possible. WE Don't Know Where Market open But For Upside 44700 is a resistance if market open above this then market took support or immediate rejection in downside then 44500/44600 Act Like a Support and market Move Upside
NSE:BANKNIFTYLong
by santubittu
Banknifty Levels 18th May 2023Data suggests a Sideways Market for 18th. So would be looking to short incase I find a rejection with confirmation at any of the resistance levels shown. The opening of the trade would suggest the course of action. 43450---43500 is a strong support and a break of that may give a good downward movement. Need to keep a watch on any addition in put or call writing during the course of the day. Accordingly one can make a strategy to play out this expiry.
NSE:BANKNIFTY1!
by SABMR
Bank Nifty Today - 03 NOV 2022 Analysis + Comparison with S&P500Bank nifty moved today quite contradictory to the global moves. Frankly what is happening to India's banks - is there so much positivity to bury the global macros ? S&P500 down 2.5&, Nasdaq100 down 3.39% and our bank nifty up 0.37% today Just look the opening 4 candles. Gap down opening at 40873 very near to the support level of 40867 - hits the resistance level of 41314 by 9.35 - who would believe it ? 494pts move in 20mts with great momentum. I am not worried with bank nifty moving up like that - but on a day where the global cues were very negative - quite impossible. From 9.35 to close BN traded in and around the SR line with minimal volatility. Cannot even believe the India VIX came down by 4.3% today. Is there a real fundamental shift in India & its growth story - or are these some pump & dump scheme operated to loot the retail traders & investors? Who am I to ask these….? The candle at 10.10 looked interesting - it broke through the resistance and then a fall back to the level over the next 11 candles. And then another pump at 11.10, over the next 2 candles we would have got the impression that BN may breakout - but the 41455 resistance line came into play. Then we had a gradual fall below the SR line, but notice the price action at 13.10 (strong green candle breaking the resistance again). Anyways the final close was at 41304 just below the SR of 41314. --- 6 major banks, most of them showing strength today HDFC bank closed in red, but the chart pattern is not negative ICICI closed in green with flattish pattern SBI closed well in green with bullish pattern AXIS bank showed strong breakout in the morning to give it all back later - closed flat Kotak was trading below yesterday's close with a bearish bias IndusInd bank showing bullish pattern. --- Since today was expiry - there were many trade possibilities that could have been planned. BN stayed within the support & resistance zone eventhough it felt it would be a breakout today. All OTM calls & puts have gone to zero - if you would have written them, you could have made money. However we can all say that with hindsight - cannot engineer the outcome in advance. I am of the personal opinion that most of the traders would have hit their stop loss due to the mammoth move in the opening 20mts. Due to the overnight macros - most of them would have thought the bias will be bearish today. I noticed that the premiums on the call side were very minimal signaling the bank nifty might not breakout, but was not courageous enough to short them today after seeing the open. I am researching into deploying ratio spreads into weekly expiry to bring in exponential returns with a limited risk profile - may be it will take 6 to 9 months to get some clarity (i dont prefer to back test, i instead journal the trades henceforth - something like a forward test) --- SPX & Banknifty has diverged more today - the gap is now in excess of 22%. Presently the ES1 futures are showing a drop of 1% - so may be the US market will be in red today also. --- 15mts showing sideways market 1hr also showing sideways market --- Bank nifty support & resistance levels s1: 40867, s2: 40691 r1: 41312, r2: 41455 --- PS: Read the standard disclaimer at: bit. ly/3Nm3RER
NSE:BANKNIFTY
by viswaram
Shorting opportunity in bank niftyAll levels are mentioned on the chart it self Safe players can wait for a pull back and enter as per levels Risky people can enter according to their risk management. Managing the trade: If the trade goes in our way *Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost *Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL. *Exit remaining with trailing Stop loss. *SECURING THE TRADE AND PROTECTING THE CAPITAL SHOULD BE YOUR FIRST PRIORITY. *NOT A SUGGESTION VIEWS ARE FOR EDUCATIONAL PURPOSES
NSE:BANKNIFTYShort
by Mo-Kri