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 ...
BANK
Bank Nifty 1Month . Correction may continueBank Nifty has reached the trendline and is showing reversal for further correction.
the pattern is an old forming pattern from 2014
So reliability is more.
In order for Banking stocks to rally further it may test the trendline drawn and then trade within zones.
Also additional emphasis long positions are non sustainable for now so shorting seems like an option. NSE:BANKNIFTY
#BanNifty Trade Setup For Friday (25th March)Simple Strategy Banknifty For Tomorrow.
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Will Buy CE if Banknifty cross 33387.
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Will buy PE if Banknifty goes down below 32873.
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Note: Tomorrow Banknifty can also be goes in range bound because last week it happened.
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If Banknifty give gapup or gapdown, we will wait for the right time.
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You can give your valuable feedback in comment box.
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 ...
Short the BankNifty Early MondayTrade-hour analysis
The BNF is about to break a downward channel and correct after the COVID-corrective bull run.
Sell if the BNF confirms the 15m Bearish trend and take profits at 33530-33540
If there is gap up openning then wait for gap to be filled.
If the there are more positive fundamental cues (Highly unlikely) Enter at the top buy zone after confirmation and TP at the closest DSZ.
Bank of Baroda LongThe idea behind this trade setup is:
1. One group of traders who trade only based on Resistance and Support will see the level of 80 as a good support area and start buying.
2. Another group of traders who trade based on the Trendline Support will also get interested at these price levels and start buying.
So that means at this level there may be more buying interest. Entry needs to be managed properly and only after some confirmation.
IDBI - IDBI BANK LTD Bullish!ON 12TH MARCH Watch for IDBI.
SHORT TERM AND POSITIONAL CALL FOR TARGET 41/42/43.70
STOP LOSS: 35.0
Highlighted in rectangle to Mark Trend Reversal after previous 2 day short covering and ready to move up.
1) MACD -Good
2) RCI - Good
3) Volume - Good
Looks positive move from here
Other technical aspects
1) Moving Averages: BUY
2) Technical Indicators: STRONG BUY
3) Only concern is Overbought, but since market seems to be positive on 12th March 2021, script seems good to move.
RSI(14) 71.261 Buy
STOCH(9,6) 70.427 Buy
STOCHRSI(14) 89.344 Overbought
MACD(12,26) 1.780 Buy
ADX(14) 50.217 Buy
Williams %R -12.821 Overbought
CCI(14) 119.5536 Buy
ATR(14) 2.4071 High Volatility
Highs/Lows(14) 3.5786 Buy
Ultimate Oscillator 50.706 Neutral
ROC 18.238 Buy
Bull/Bear Power(13) 6.0820 Buy
Summary: STRONG BUY
NOTE: THIS IS TRULY BASIS MY FINDINGS AND ANY POSITION OR TRADE ON THIS STOCK WILL BE AT YUR OWN COST, TIME AND RISK.
Live Challenging Market Analysis Buy USDCAD @ 1.25725Live Challenging Market Analysis Buy USDCAD @ 1.25725
Target @ 1.37131
Entry 2 @ 1.24000
Target Buy 1 & 2 @ 1.37131
Our Unique Features:
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1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
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