BANK-NIFTY
BANKNIFTY Weekly LEVELSMagic Lines:
All supports are not for buy level. As like all resistance are not for sell levels
After long research and back testing we find which S&R is for sell level & which S&R is buy level.
In that result we give the pure intraday levels in charts.
BLUE LINE ARE BUY LEVELS (Target lines)
ORANGE LINES ARE SELL LEVELS(Target lines)
Additionally we added guiding line for entry and SL
There are 10 different pattern based on market opening for getting entry in market with this line if anyone interested please command below ..
Banknifty (Flying Opposite to the wind - Negative)Sell on the Rise
"Need a trigger to sell off- Coming soon."
Market is looking positive to everyone as it is making new highs. I will like to share my personal view:
Detached to the economy market is looking to trap retail players with dramatic upmove. (Hint: Confusing OI data)
On Monday expecting a Gap Down Opening,
Create a short position below 35200 of course with Hedge. It will reduce upside risk and prevent you from stoploss hunting.
To make fresh Upside move BN needs to cross 35800 Levels with some positive News around. Option Buyers should trade with limited quantity as premium eating is going on by big players from last 2 weeks.
Sell Below: 35200
Buy Above: 35800
Looking for 34400 level in next few days. Just a view with some analysis. Trade will be executed as per moves and on time Chart and OI analysis.
Maybe I am wrong, View is based on current situation. Trade like Chameleon (Change the colours according to situation).
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Banknifty Bullish trend for June 2021 Hi trade mates!
Yes, the trend is bullish for the month of June 2021, considering the market analysis, technical support on Nifty, and reduction of corona cases.
Wait for 35250 levels, if it breaks then 37000 for sure!
Meanwhile don't try to carry forward your trades, it's highly risky in this volatile market, especially for BANK NIFTY.
Your premium may erode due to time decay, try to close the positions On or before EOD.
SOME Ideas for Stock options are coming up !! Follow and get Notified!
A beautiful move by the big bank | My trade reviews #3See old trade charts of mine to compare what I needed for this breakout and how things turned out on our side :)
Now it is resting on the gapper support we have there + trendline too soo seems quite bullish to trade on with a small risk a good bullish candle tomorrow = trade on a daily close above 1500 round lvl = biggi break for further upside for this month ....
Happy trading :)
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Bank Nifty (May FUT) Some Important Levels for Intraday 12th MAYBank nifty some important levels marked on the chart supply/demand, Previous Day high/Low, Swing High/Low, Turning point , Gap, Virgin CPR Support/resistance, Use this for Intraday Trading,
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Pennant (Regular Triangle) forming in BANKNIFTY (15 Mins)Triangle formed last day in bank nifty, you can wait for real break out before taking the shot on CE or PE.
Always choose +300 points or -300 Points from the bank nifty current price for the same movement, Use sensibull app to watch the option chain.
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BANKNIFTY Weekly LEVELSMagic Lines:
All supports are not for buy level. As like all resistance are not for sell levels
After long research and back testing we find which S&R is for sell level & which S&R is buy level.
In that result we give the pure intraday levels in charts.
BLUE LINE ARE BUY LEVELS
ORANGE LINES ARE SELL LEVELS
IF OPENING 15MIN CANDLE TOUCH BLUE LINE GO FOR LONG/ IF OPEING 15 MIN CANDLE TOUCH ORANGE LING GO FOR SHORT.
There are 10 different pattern for getting entry in market with this line if anyone interested please command below ...